Filed: 10/9/2025ACC: 0002085853-25-000051
📋 What this filing means
L. ROY PAPP & ASSOCIATES, LLP filed this quarterly 13F‑HR report disclosing 182 equity positions with a total reported market value of $889.59M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
182
Positions
$889.59M
Total AUM (reported)
5.30M
Total Shares
Allocation by class
COM$635.93M71.5%
CAP STK CL C$42.34M4.8%
COM CL A$36.30M4.1%
SHS CLASS A$27.89M3.1%
CAP STK CL A$26.93M3.0%
CL A$16.15M1.8%
S&P BIOTECH$13.89M1.6%
Portfolio Concentration
Top 3$165.26M18.6%
4–10$219.61M24.7%
11–25$228.39M25.7%
Rest$276.34M31.1%
Top 3 weight
18.6%
Top 10 weight
43.3%
Voting Authority Distribution
Total shares with voting rights: 5.30M
Sole
Full voting authority
747.35K
shares
% of voting shares14.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
4.55M
shares
% of voting shares85.9%
Investment Discretion (by position count)
Sole182
Shared0
Other0
Dominant voting typeNone · 85.9% of voting shares
Institutional Holdings182
Rows:
MICROSOFT CORP
SOLEShares119.08K
TypeSH
Market value$61.68M
6.93%
Sole
9.79K
Shared
0.00
None
109.30K
APPLE INC
SOLEShares238.15K
TypeSH
Market value$60.64M
6.82%
Sole
31.74K
Shared
0.00
None
206.41K
BLACKROCK INC
SOLEShares36.83K
TypeSH
Market value$42.94M
4.83%
Sole
2.74K
Shared
0.00
None
34.09K
ALPHABET INC
SOLEShares173.84K
TypeSH
Market value$42.34M
4.76%
Sole
17.96K
Shared
0.00
None
155.87K
OREILLY AUTOMOTIVE INC
SOLEShares349.79K
TypeSH
Market value$37.71M
4.24%
Sole
66.01K
Shared
0.00
None
283.78K
VISA INC
SOLEShares102.53K
TypeSH
Market value$35.00M
3.93%
Sole
3.53K
Shared
0.00
None
98.99K
ACCENTURE PLC IRELAND
SOLEShares113.11K
TypeSH
Market value$27.89M
3.14%
Sole
7.09K
Shared
0.00
None
106.02K
ALPHABET INC
SOLEShares110.78K
TypeSH
Market value$26.93M
3.03%
Sole
5.84K
Shared
0.00
None
104.94K
THERMO FISHER SCIENTIFIC INC
SOLEShares51.57K
TypeSH
Market value$25.01M
2.81%
Sole
4.39K
Shared
0.00
None
47.19K
HOME DEPOT INC
SOLEShares61.01K
TypeSH
Market value$24.72M
2.78%
Sole
5.23K
Shared
0.00
None
55.78K
COSTCO WHSL CORP NEW
SOLEShares26.13K
TypeSH
Market value$24.18M
2.72%
Sole
3.93K
Shared
0.00
None
22.20K
STRYKER CORPORATION
SOLEShares64K
TypeSH
Market value$23.66M
2.66%
Sole
7.88K
Shared
0.00
None
56.12K
JOHNSON & JOHNSON
SOLEShares118.62K
TypeSH
Market value$21.99M
2.47%
Sole
7.29K
Shared
0.00
None
111.33K
EOG RES INC
SOLEShares186.14K
TypeSH
Market value$20.87M
2.35%
Sole
11.56K
Shared
0.00
None
174.58K
EXPEDITORS INTL WASH INC
SOLEShares164.46K
TypeSH
Market value$20.16M
2.27%
Sole
36.84K
Shared
0.00
None
127.62K
MASTERCARD INCORPORATED
SOLEShares25.31K
TypeSH
Market value$14.39M
1.62%
Sole
1.48K
Shared
0.00
None
23.83K
SPDR SERIES TRUST
SOLEShares138.59K
TypeSH
Market value$13.89M
1.56%
Sole
15.97K
Shared
0.00
None
122.62K
METTLER TOLEDO INTERNATIONAL
SOLEShares10.75K
TypeSH
Market value$13.20M
1.48%
Sole
4.51K
Shared
0.00
None
6.24K
CANADIAN NATL RY CO
SOLEShares134.59K
TypeSH
Market value$12.69M
1.43%
Sole
11.31K
Shared
0.00
None
123.28K
INVESCO EXCHANGE TRADED FD T
SOLEShares62.26K
TypeSH
Market value$11.81M
1.33%
Sole
570.00
Shared
0.00
None
61.69K
FISERV INC
SOLEShares84.36K
TypeSH
Market value$10.88M
1.22%
Sole
6.87K
Shared
0.00
None
77.49K
MARVELL TECHNOLOGY INC
SOLEShares122.08K
TypeSH
Market value$10.26M
1.15%
Sole
16.81K
Shared
0.00
None
105.27K
EXXON MOBIL CORP
SOLEShares90.62K
TypeSH
Market value$10.22M
1.15%
Sole
9.66K
Shared
0.00
None
80.96K
PROCTER AND GAMBLE CO
SOLEShares66.30K
TypeSH
Market value$10.19M
1.15%
Sole
1.76K
Shared
0.00
None
64.53K
ECOLAB INC
SOLEShares36.50K
TypeSH
Market value$10.00M
1.12%
Sole
13.81K
Shared
0.00
None
22.69K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPSOLE | COM | 119.08K | SH | $61.68M 6.93% | 9.79K | 0.00 | 109.30K |
APPLE INCSOLE | COM | 238.15K | SH | $60.64M 6.82% | 31.74K | 0.00 | 206.41K |
BLACKROCK INCSOLE | COM | 36.83K | SH | $42.94M 4.83% | 2.74K | 0.00 | 34.09K |
ALPHABET INCSOLE | CAP STK CL C | 173.84K | SH | $42.34M 4.76% | 17.96K | 0.00 | 155.87K |
OREILLY AUTOMOTIVE INCSOLE | COM | 349.79K | SH | $37.71M 4.24% | 66.01K | 0.00 | 283.78K |
VISA INCSOLE | COM CL A | 102.53K | SH | $35.00M 3.93% | 3.53K | 0.00 | 98.99K |
ACCENTURE PLC IRELANDSOLE | SHS CLASS A | 113.11K | SH | $27.89M 3.14% | 7.09K | 0.00 | 106.02K |
ALPHABET INCSOLE | CAP STK CL A | 110.78K | SH | $26.93M 3.03% | 5.84K | 0.00 | 104.94K |
THERMO FISHER SCIENTIFIC INCSOLE | COM | 51.57K | SH | $25.01M 2.81% | 4.39K | 0.00 | 47.19K |
HOME DEPOT INCSOLE | COM | 61.01K | SH | $24.72M 2.78% | 5.23K | 0.00 | 55.78K |
COSTCO WHSL CORP NEWSOLE | COM | 26.13K | SH | $24.18M 2.72% | 3.93K | 0.00 | 22.20K |
STRYKER CORPORATIONSOLE | COM | 64K | SH | $23.66M 2.66% | 7.88K | 0.00 | 56.12K |
JOHNSON & JOHNSONSOLE | COM | 118.62K | SH | $21.99M 2.47% | 7.29K | 0.00 | 111.33K |
EOG RES INCSOLE | COM | 186.14K | SH | $20.87M 2.35% | 11.56K | 0.00 | 174.58K |
EXPEDITORS INTL WASH INCSOLE | COM | 164.46K | SH | $20.16M 2.27% | 36.84K | 0.00 | 127.62K |
MASTERCARD INCORPORATEDSOLE | CL A | 25.31K | SH | $14.39M 1.62% | 1.48K | 0.00 | 23.83K |
SPDR SERIES TRUSTSOLE | S&P BIOTECH | 138.59K | SH | $13.89M 1.56% | 15.97K | 0.00 | 122.62K |
METTLER TOLEDO INTERNATIONALSOLE | COM | 10.75K | SH | $13.20M 1.48% | 4.51K | 0.00 | 6.24K |
CANADIAN NATL RY COSOLE | COM | 134.59K | SH | $12.69M 1.43% | 11.31K | 0.00 | 123.28K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 62.26K | SH | $11.81M 1.33% | 570.00 | 0.00 | 61.69K |
FISERV INCSOLE | COM | 84.36K | SH | $10.88M 1.22% | 6.87K | 0.00 | 77.49K |
MARVELL TECHNOLOGY INCSOLE | COM | 122.08K | SH | $10.26M 1.15% | 16.81K | 0.00 | 105.27K |
EXXON MOBIL CORPSOLE | COM | 90.62K | SH | $10.22M 1.15% | 9.66K | 0.00 | 80.96K |
PROCTER AND GAMBLE COSOLE | COM | 66.30K | SH | $10.19M 1.15% | 1.76K | 0.00 | 64.53K |
ECOLAB INCSOLE | COM | 36.50K | SH | $10.00M 1.12% | 13.81K | 0.00 | 22.69K |
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