Filed: 1/28/2026ACC: 0002085853-26-000127
📋 What this filing means
L. ROY PAPP & ASSOCIATES, LLP filed this quarterly 13F‑HR report disclosing 185 equity positions with a total reported market value of $904.53M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
185
Positions
$904.53M
Total AUM (reported)
5.46M
Total Shares
Allocation by class
COM$620.03M68.5%
CAP STK CL C$52.77M5.8%
COM CL A$35.57M3.9%
CAP STK CL A$33.34M3.7%
SHS CLASS A$30.19M3.3%
STATE STREET SPD$17.17M1.9%
CL A$15.95M1.8%
Portfolio Concentration
Top 3$173.09M19.1%
4–10$223.66M24.7%
11–25$230.86M25.5%
Rest$276.92M30.6%
Top 3 weight
19.1%
Top 10 weight
43.9%
Voting Authority Distribution
Total shares with voting rights: 5.46M
Sole
Full voting authority
809.82K
shares
% of voting shares14.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
4.65M
shares
% of voting shares85.2%
Investment Discretion (by position count)
Sole185
Shared0
Other0
Dominant voting typeNone · 85.2% of voting shares
Institutional Holdings185
Rows:
APPLE INC
SOLEShares233.94K
TypeSH
Market value$63.60M
7.03%
Sole
35K
Shared
0.00
None
198.94K
MICROSOFT CORP
SOLEShares117.29K
TypeSH
Market value$56.72M
6.27%
Sole
9.99K
Shared
0.00
None
107.30K
ALPHABET INC
SOLEShares168.15K
TypeSH
Market value$52.77M
5.83%
Sole
23.75K
Shared
0.00
None
144.40K
BLACKROCK INC
SOLEShares36.44K
TypeSH
Market value$39.01M
4.31%
Sole
3.47K
Shared
0.00
None
32.97K
VISA INC
SOLEShares101.42K
TypeSH
Market value$35.57M
3.93%
Sole
6.42K
Shared
0.00
None
94.99K
ALPHABET INC
SOLEShares106.51K
TypeSH
Market value$33.34M
3.69%
Sole
5.71K
Shared
0.00
None
100.80K
OREILLY AUTOMOTIVE INC
SOLEShares342.25K
TypeSH
Market value$31.22M
3.45%
Sole
72.72K
Shared
0.00
None
269.53K
ACCENTURE PLC IRELAND
SOLEShares112.52K
TypeSH
Market value$30.19M
3.34%
Sole
9.37K
Shared
0.00
None
103.15K
THERMO FISHER SCIENTIFIC INC
SOLEShares51.52K
TypeSH
Market value$29.85M
3.30%
Sole
5.91K
Shared
0.00
None
45.60K
JOHNSON & JOHNSON
SOLEShares118.36K
TypeSH
Market value$24.49M
2.71%
Sole
7.57K
Shared
0.00
None
110.78K
EXPEDITORS INTL WASH INC
SOLEShares163.04K
TypeSH
Market value$24.29M
2.69%
Sole
39.49K
Shared
0.00
None
123.55K
STRYKER CORPORATION
SOLEShares64.68K
TypeSH
Market value$22.73M
2.51%
Sole
10.50K
Shared
0.00
None
54.18K
HOME DEPOT INC
SOLEShares62.01K
TypeSH
Market value$21.34M
2.36%
Sole
5.29K
Shared
0.00
None
56.72K
COSTCO WHSL CORP NEW
SOLEShares24.63K
TypeSH
Market value$21.24M
2.35%
Sole
4.02K
Shared
0.00
None
20.61K
EOG RES INC
SOLEShares182.82K
TypeSH
Market value$19.20M
2.12%
Sole
11.70K
Shared
0.00
None
171.12K
SPDR SERIES TRUST
SOLEShares136.23K
TypeSH
Market value$16.61M
1.84%
Sole
23.06K
Shared
0.00
None
113.17K
METTLER TOLEDO INTERNATIONAL
SOLEShares10.63K
TypeSH
Market value$14.83M
1.64%
Sole
4.76K
Shared
0.00
None
5.88K
MASTERCARD INCORPORATED
SOLEShares25.47K
TypeSH
Market value$14.54M
1.61%
Sole
1.48K
Shared
0.00
None
23.99K
CANADIAN NATL RY CO
SOLEShares131.72K
TypeSH
Market value$13.02M
1.44%
Sole
15.67K
Shared
0.00
None
116.05K
INVESCO EXCHANGE TRADED FD T
SOLEShares64.88K
TypeSH
Market value$12.43M
1.37%
Sole
570.00
Shared
0.00
None
64.31K
EXXON MOBIL CORP
SOLEShares89.96K
TypeSH
Market value$10.83M
1.20%
Sole
9.79K
Shared
0.00
None
80.18K
ANALOG DEVICES INC
SOLEShares38.61K
TypeSH
Market value$10.47M
1.16%
Sole
5.23K
Shared
0.00
None
33.38K
MARVELL TECHNOLOGY INC
SOLEShares120.84K
TypeSH
Market value$10.27M
1.14%
Sole
16.84K
Shared
0.00
None
104K
ECOLAB INC
SOLEShares36.47K
TypeSH
Market value$9.57M
1.06%
Sole
14.98K
Shared
0.00
None
21.49K
PROCTER AND GAMBLE CO
SOLEShares66.22K
TypeSH
Market value$9.49M
1.05%
Sole
2.06K
Shared
0.00
None
64.17K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 233.94K | SH | $63.60M 7.03% | 35K | 0.00 | 198.94K |
MICROSOFT CORPSOLE | COM | 117.29K | SH | $56.72M 6.27% | 9.99K | 0.00 | 107.30K |
ALPHABET INCSOLE | CAP STK CL C | 168.15K | SH | $52.77M 5.83% | 23.75K | 0.00 | 144.40K |
BLACKROCK INCSOLE | COM | 36.44K | SH | $39.01M 4.31% | 3.47K | 0.00 | 32.97K |
VISA INCSOLE | COM CL A | 101.42K | SH | $35.57M 3.93% | 6.42K | 0.00 | 94.99K |
ALPHABET INCSOLE | CAP STK CL A | 106.51K | SH | $33.34M 3.69% | 5.71K | 0.00 | 100.80K |
OREILLY AUTOMOTIVE INCSOLE | COM | 342.25K | SH | $31.22M 3.45% | 72.72K | 0.00 | 269.53K |
ACCENTURE PLC IRELANDSOLE | SHS CLASS A | 112.52K | SH | $30.19M 3.34% | 9.37K | 0.00 | 103.15K |
THERMO FISHER SCIENTIFIC INCSOLE | COM | 51.52K | SH | $29.85M 3.30% | 5.91K | 0.00 | 45.60K |
JOHNSON & JOHNSONSOLE | COM | 118.36K | SH | $24.49M 2.71% | 7.57K | 0.00 | 110.78K |
EXPEDITORS INTL WASH INCSOLE | COM | 163.04K | SH | $24.29M 2.69% | 39.49K | 0.00 | 123.55K |
STRYKER CORPORATIONSOLE | COM | 64.68K | SH | $22.73M 2.51% | 10.50K | 0.00 | 54.18K |
HOME DEPOT INCSOLE | COM | 62.01K | SH | $21.34M 2.36% | 5.29K | 0.00 | 56.72K |
COSTCO WHSL CORP NEWSOLE | COM | 24.63K | SH | $21.24M 2.35% | 4.02K | 0.00 | 20.61K |
EOG RES INCSOLE | COM | 182.82K | SH | $19.20M 2.12% | 11.70K | 0.00 | 171.12K |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 136.23K | SH | $16.61M 1.84% | 23.06K | 0.00 | 113.17K |
METTLER TOLEDO INTERNATIONALSOLE | COM | 10.63K | SH | $14.83M 1.64% | 4.76K | 0.00 | 5.88K |
MASTERCARD INCORPORATEDSOLE | CL A | 25.47K | SH | $14.54M 1.61% | 1.48K | 0.00 | 23.99K |
CANADIAN NATL RY COSOLE | COM | 131.72K | SH | $13.02M 1.44% | 15.67K | 0.00 | 116.05K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 64.88K | SH | $12.43M 1.37% | 570.00 | 0.00 | 64.31K |
EXXON MOBIL CORPSOLE | COM | 89.96K | SH | $10.83M 1.20% | 9.79K | 0.00 | 80.18K |
ANALOG DEVICES INCSOLE | COM | 38.61K | SH | $10.47M 1.16% | 5.23K | 0.00 | 33.38K |
MARVELL TECHNOLOGY INCSOLE | COM | 120.84K | SH | $10.27M 1.14% | 16.84K | 0.00 | 104K |
ECOLAB INCSOLE | COM | 36.47K | SH | $9.57M 1.06% | 14.98K | 0.00 | 21.49K |
PROCTER AND GAMBLE COSOLE | COM | 66.22K | SH | $9.49M 1.05% | 2.06K | 0.00 | 64.17K |
Page 1 of 8
…