Filed: 7/24/2025ACC: 0001667731-25-000943
📋 What this filing means
L. ROY PAPP & ASSOCIATES, LLP filed this quarterly 13F‑HR report disclosing 180 equity positions with a total reported market value of $841.85M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
180
Positions
$841.85M
Total AUM (reported)
5.33M
Total Shares
Allocation by class
COM$605.59M71.9%
COM CL A$37.39M4.4%
SHS CLASS A$33.10M3.9%
CAP STK CL C$31.02M3.7%
CAP STK CL A$19.66M2.3%
CL A$16.09M1.9%
S&P BIOTECH$11.88M1.4%
Portfolio Concentration
Top 3$148.46M17.6%
4–10$206.09M24.5%
11–25$217.09M25.8%
Rest$270.21M32.1%
Top 3 weight
17.6%
Top 10 weight
42.1%
Voting Authority Distribution
Total shares with voting rights: 5.33M
Sole
Full voting authority
834.50K
shares
% of voting shares15.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
4.50M
shares
% of voting shares84.4%
Investment Discretion (by position count)
Sole180
Shared0
Other0
Dominant voting typeNone · 84.4% of voting shares
Institutional Holdings180
Rows:
MICROSOFT CORP
SOLEShares120.26K
TypeSH
Market value$59.82M
7.11%
Sole
10.06K
Shared
0.00
None
110.21K
APPLE INC
SOLEShares240.88K
TypeSH
Market value$49.42M
5.87%
Sole
35.07K
Shared
0.00
None
205.81K
BLACKROCK INC
SOLEShares37.38K
TypeSH
Market value$39.22M
4.66%
Sole
3.54K
Shared
0.00
None
33.84K
VISA INC
SOLEShares101.70K
TypeSH
Market value$36.11M
4.29%
Sole
6.26K
Shared
0.00
None
95.44K
ACCENTURE PLC IRELAND
SOLEShares110.75K
TypeSH
Market value$33.10M
3.93%
Sole
9.31K
Shared
0.00
None
101.43K
OREILLY AUTOMOTIVE INC
SOLEShares358.18K
TypeSH
Market value$32.28M
3.83%
Sole
75.09K
Shared
0.00
None
283.09K
ALPHABET INC
SOLEShares174.86K
TypeSH
Market value$31.02M
3.68%
Sole
23.62K
Shared
0.00
None
151.23K
COSTCO WHSL CORP NEW
SOLEShares26.37K
TypeSH
Market value$26.11M
3.10%
Sole
3.97K
Shared
0.00
None
22.40K
STRYKER CORPORATION
SOLEShares62.91K
TypeSH
Market value$24.89M
2.96%
Sole
10.49K
Shared
0.00
None
52.42K
EOG RES INC
SOLEShares188.81K
TypeSH
Market value$22.58M
2.68%
Sole
12.09K
Shared
0.00
None
176.72K
HOME DEPOT INC
SOLEShares60.29K
TypeSH
Market value$22.10M
2.63%
Sole
5.25K
Shared
0.00
None
55.04K
THERMO FISHER SCIENTIFIC INC
SOLEShares50.15K
TypeSH
Market value$20.33M
2.42%
Sole
5.82K
Shared
0.00
None
44.33K
ALPHABET INC
SOLEShares111.56K
TypeSH
Market value$19.66M
2.34%
Sole
5.91K
Shared
0.00
None
105.65K
EXPEDITORS INTL WASH INC
SOLEShares164.47K
TypeSH
Market value$18.79M
2.23%
Sole
40.21K
Shared
0.00
None
124.27K
JOHNSON & JOHNSON
SOLEShares117.35K
TypeSH
Market value$17.92M
2.13%
Sole
7.31K
Shared
0.00
None
110.03K
CANADIAN NATL RY CO
SOLEShares138.19K
TypeSH
Market value$14.38M
1.71%
Sole
15.46K
Shared
0.00
None
122.73K
MASTERCARD INCORPORATED
SOLEShares25.36K
TypeSH
Market value$14.25M
1.69%
Sole
1.51K
Shared
0.00
None
23.85K
PRICE T ROWE GROUP INC
SOLEShares125.83K
TypeSH
Market value$12.14M
1.44%
Sole
19.50K
Shared
0.00
None
106.32K
METTLER TOLEDO INTERNATIONAL
SOLEShares10.24K
TypeSH
Market value$12.03M
1.43%
Sole
4.80K
Shared
0.00
None
5.44K
SPDR SERIES TRUST
SOLEShares143.24K
TypeSH
Market value$11.88M
1.41%
Sole
23.36K
Shared
0.00
None
119.88K
INVESCO EXCHANGE TRADED FD T
SOLEShares64.60K
TypeSH
Market value$11.74M
1.39%
Sole
570.00
Shared
0.00
None
64.03K
FISERV INC
SOLEShares67.13K
TypeSH
Market value$11.57M
1.37%
Sole
4.82K
Shared
0.00
None
62.31K
PROCTER AND GAMBLE CO
SOLEShares65.03K
TypeSH
Market value$10.36M
1.23%
Sole
1.76K
Shared
0.00
None
63.26K
EXXON MOBIL CORP
SOLEShares94.33K
TypeSH
Market value$10.17M
1.21%
Sole
9.66K
Shared
0.00
None
84.67K
ECOLAB INC
SOLEShares36.20K
TypeSH
Market value$9.75M
1.16%
Sole
15.35K
Shared
0.00
None
20.85K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPSOLE | COM | 120.26K | SH | $59.82M 7.11% | 10.06K | 0.00 | 110.21K |
APPLE INCSOLE | COM | 240.88K | SH | $49.42M 5.87% | 35.07K | 0.00 | 205.81K |
BLACKROCK INCSOLE | COM | 37.38K | SH | $39.22M 4.66% | 3.54K | 0.00 | 33.84K |
VISA INCSOLE | COM CL A | 101.70K | SH | $36.11M 4.29% | 6.26K | 0.00 | 95.44K |
ACCENTURE PLC IRELANDSOLE | SHS CLASS A | 110.75K | SH | $33.10M 3.93% | 9.31K | 0.00 | 101.43K |
OREILLY AUTOMOTIVE INCSOLE | COM | 358.18K | SH | $32.28M 3.83% | 75.09K | 0.00 | 283.09K |
ALPHABET INCSOLE | CAP STK CL C | 174.86K | SH | $31.02M 3.68% | 23.62K | 0.00 | 151.23K |
COSTCO WHSL CORP NEWSOLE | COM | 26.37K | SH | $26.11M 3.10% | 3.97K | 0.00 | 22.40K |
STRYKER CORPORATIONSOLE | COM | 62.91K | SH | $24.89M 2.96% | 10.49K | 0.00 | 52.42K |
EOG RES INCSOLE | COM | 188.81K | SH | $22.58M 2.68% | 12.09K | 0.00 | 176.72K |
HOME DEPOT INCSOLE | COM | 60.29K | SH | $22.10M 2.63% | 5.25K | 0.00 | 55.04K |
THERMO FISHER SCIENTIFIC INCSOLE | COM | 50.15K | SH | $20.33M 2.42% | 5.82K | 0.00 | 44.33K |
ALPHABET INCSOLE | CAP STK CL A | 111.56K | SH | $19.66M 2.34% | 5.91K | 0.00 | 105.65K |
EXPEDITORS INTL WASH INCSOLE | COM | 164.47K | SH | $18.79M 2.23% | 40.21K | 0.00 | 124.27K |
JOHNSON & JOHNSONSOLE | COM | 117.35K | SH | $17.92M 2.13% | 7.31K | 0.00 | 110.03K |
CANADIAN NATL RY COSOLE | COM | 138.19K | SH | $14.38M 1.71% | 15.46K | 0.00 | 122.73K |
MASTERCARD INCORPORATEDSOLE | CL A | 25.36K | SH | $14.25M 1.69% | 1.51K | 0.00 | 23.85K |
PRICE T ROWE GROUP INCSOLE | COM | 125.83K | SH | $12.14M 1.44% | 19.50K | 0.00 | 106.32K |
METTLER TOLEDO INTERNATIONALSOLE | COM | 10.24K | SH | $12.03M 1.43% | 4.80K | 0.00 | 5.44K |
SPDR SERIES TRUSTSOLE | S&P BIOTECH | 143.24K | SH | $11.88M 1.41% | 23.36K | 0.00 | 119.88K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 64.60K | SH | $11.74M 1.39% | 570.00 | 0.00 | 64.03K |
FISERV INCSOLE | COM | 67.13K | SH | $11.57M 1.37% | 4.82K | 0.00 | 62.31K |
PROCTER AND GAMBLE COSOLE | COM | 65.03K | SH | $10.36M 1.23% | 1.76K | 0.00 | 63.26K |
EXXON MOBIL CORPSOLE | COM | 94.33K | SH | $10.17M 1.21% | 9.66K | 0.00 | 84.67K |
ECOLAB INCSOLE | COM | 36.20K | SH | $9.75M 1.16% | 15.35K | 0.00 | 20.85K |
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