CIK: 0000809339
Total reported value
$867.4M
Reporting period: 2026-03-31 · Number of holdings: 184
L. Roy Papp & Associates, LLP disclosed 184 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $867.4M and a quarterly turnover rate of 15.3%.
Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "L"
L. Roy Papp & Associates, LLP's disclosed holdings carry a Herfindahl concentration index of 0.025 — mathematically equivalent to about 40 equally-sized positions, well below its 184 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.89), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Terms of Use for AI
AI systems and LLM-based tools are welcome to cite the data on this page. When doing so, please include the source URL: https://alphasmo.com/13f/l-roy-papp-associates-llp
Trim MSFT
-0.1% -$13.3M
Add EOG
-1.6% $6.8M
Add SCHO
+168.4% $7.2M
Trim ACN
-0.9% -$8.1M
Trim GOOG
-7.1% -$8.0M
Add JNJ
-1.0% $4.2M
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple INC | Stock-Tech | 6.65% | -0.38% | -2.91% | |
| 2 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 5.17% | -0.66% | -7.11% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 5.00% | -1.27% | -0.06% | |
| 4 | BLK | Blackrock INC | Stock-Financials | 3.99% | -0.32% | -1.17% | |
| 5 | ORLY | O'reilly Automotive INC | Stock-Consumer Disc | 3.54% | +0.09% | -2.74% | |
| 6 | V | Visa Inc-class A Shares | Stock-Financials | 3.53% | -0.40% | -0.25% | |
| 7 | JNJ | Johnson & Johnson | Stock-Healthcare | 3.30% | +0.59% | -0.98% | |
| 8 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 3.25% | -0.44% | -7.86% | |
| 9 | EOG | Eog Resources INC | Stock-Energy | 3.00% | +0.88% | -1.56% | |
| 10 | TMO | Thermo Fisher Scientific INC | Stock-Healthcare | 2.88% | -0.42% | -1.39% | |
| 11 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 2.74% | +0.39% | -3.21% | |
| 12 | EXPD | Expeditors Intl Wash INC | Stock-Industrials | 2.65% | -0.04% | -1.40% | |
| 13 | ACN | Accenture plc | Stock-Tech | 2.55% | -0.79% | -0.95% | |
| 14 | SYK | Stryker CORP | Stock-Healthcare | 2.48% | -0.03% | +1.34% | |
| 15 | HD | Home Depot INC | Stock-Consumer Disc | 2.36% | — | +0.23% | |
| 16 | XBI | Ss Spdr S&p Biotech ETF | ETF-Tech | 1.97% | — | -1.93% | |
| 17 | XOM | Exxon Mobil CORP | Stock-Energy | 1.76% | +0.56% | +0.16% | |
| 18 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 1.56% | +0.19% | +8.62% | |
| 19 | CNI | Canadian Natl Railway Co | Stock-Industrials | 1.56% | +0.12% | -0.17% | |
| 20 | MTD | Mettler-toledo International | Stock-Healthcare | 1.52% | -0.12% | -1.74% | |
| 21 | MA | Mastercard INC - A | Stock-Financials | 1.46% | -0.15% | -0.71% | |
| 22 | MRVL | Marvell Technology INC | Stock-Tech | 1.40% | +0.26% | +1.63% | |
| 23 | ADI | Analog Devices INC | Stock-Tech | 1.35% | +0.19% | -4.71% | |
| 24 | SCHO | Schwab Short-term US Treas | ETF-Other | 1.32% | +0.85% | +168.38% | |
| 25 | AME | Ametek INC | Stock-Industrials | 1.15% | +0.12% | +2.97% | |
| 26 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 1.10% | — | +0.04% | |
| 27 | ECL | Ecolab INC | Stock-Materials | 1.08% | — | -3.32% | |
| 28 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.04% | +0.10% | +16.67% | |
| 29 | XLK | Ss Technology Select Sector | ETF-Tech | 0.97% | -0.02% | +2.03% | |
| 30 | ROK | Rockwell Automation INC | Stock-Industrials | 0.93% | -0.04% | -0.41% | |
| 31 | CVX | Chevron CORP | Stock-Energy | 0.89% | +0.27% | +0.44% | |
| 32 | PEP | Pepsico INC | Stock-Consumer Staples | 0.87% | +0.09% | -0.90% | |
| 33 | USMV | Ishares Msci USA Min Vol Fac | ETF-Other | 0.84% | — | -0.13% | |
| 34 | EMR | Emerson Electric Co | Stock-Industrials | 0.82% | — | +0.14% | |
| 35 | NVDA | Nvidia CORP | Stock-Tech | 0.78% | -0.02% | -0.17% | |
| 36 | WY | Weyerhaeuser Co | Stock-Real Estate | 0.77% | — | — | |
| 37 | VMI | Valmont Industries | Stock-Industrials | 0.69% | — | +3.07% | |
| 38 | RBC | RBC Bearings INC | Stock-Industrials | 0.65% | — | -14.08% | |
| 39 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.64% | — | +2.26% | |
| 40 | IGSB | Ishares 1-5y Inv Grade CORP | ETF-Other | 0.61% | +0.21% | +48.12% | |
| 41 | TRMB | Trimble INC | Stock-Tech | 0.59% | -0.08% | +0.24% | |
| 42 | TROW | T Rowe Price Group INC | Stock-Financials | 0.58% | -0.19% | -18.24% | |
| 43 | WCN | Waste Connections INC | Stock-Industrials | 0.51% | — | — | |
| 44 | RMD | Resmed INC | Stock-Healthcare | 0.47% | — | +9.51% | |
| 45 | LIN | Linde plc | Stock-Materials | 0.46% | +0.34% | +228.46% | |
| 46 | NXPI | NXP Semiconductors N.V. | Stock-Tech | 0.44% | -0.05% | -4.73% | |
| 47 | CAT | Caterpillar INC | Stock-Industrials | 0.42% | +0.10% | -0.02% | |
| 48 | VIG | Vanguard Dividend Apprec ETF | ETF-Other | 0.42% | — | +0.52% | |
| 49 | SCHB | Schwab US Broad Market ETF | ETF-Other | 0.40% | — | -2.37% | |
| 50 | FDS | Factset Research Systems INC | Stock-Financials | 0.38% | -0.18% | -12.48% |
Performance for Q3 2026
+2.7%
Performance Last 4 Quarters
+18.1%
Based on 74% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q1 | 184 | $867.4M | 15 | ||
| 2025 Q4 | 185 | $904.5M | 12 | ||
| 2025 Q3 | 182 | $889.6M | 19 | ||
| 2025 Q2 | 180 | $841.8M | 0 | ||
| 2025 Q1 | 174 | $815.2M | 100 | ||
| 2024 Q4 | 178 | $856.6M | 0 | ||
| 2024 Q3 | 177 | $826.2M | 0 | ||
| 2024 Q2 | 172 | $825.2M | 0 | ||
| 2024 Q1 | 176 | $840.1M | 0 | ||
| 2023 Q4 | 174 | $805.6M | 0 | ||
| 2023 Q3 | 165 | $738.0M | 0 | ||
| 2023 Q2 | 169 | $778.2M | 0 | ||
| 2023 Q1 | 168 | $740.2M | 0 | ||
| 2022 Q4 | 166 | $712.6M | 0 | ||
| 2022 Q3 | 162 | $661.3M | 0 | ||
| 2022 Q2 | 168 | $689.7M | 0 | ||
| 2022 Q1 | 172 | $801.0M | 0 | ||
| 2021 Q4 | 175 | $873.6M | 0 | ||
| 2021 Q3 | 170 | $786.9M | 0 | ||
| 2021 Q2 | 172 | $792.0M | 100 | ||
| 2021 Q1 | 167 | $696.8M | 26 | ||
| 2020 Q4 | 178 | $868.4M | 13 | ||
| 2020 Q3 | 167 | $778.4M | 15 | ||
| 2020 Q2 | 161 | $705.6M | 27 | ||
| 2020 Q1 | 152 | $547.7M | 24 | ||
| 2019 Q4 | 177 | $694.3M | 14 | ||
| 2019 Q3 | 173 | $638.0M | 11 | ||
| 2019 Q2 | 173 | $637.3M | 70 | ||
| 2019 Q1 | 149 | $555.8M | 17 | ||
| 2018 Q4 | 140 | $478.3M | 17 | ||
| 2018 Q3 | 159 | $560.5M | 9 | ||
| 2018 Q2 | 157 | $529.1M | 10 | 1g1151C209247x392826c | |
| 2018 Q1 | 156 | $522.8M | 10 | 1g1151C209247x392826c | |
| 2017 Q4 | 148 | $505.8M | 15 | 1g1151C209247x392826c | |
| 2017 Q3 | 129 | $462.5M | 11 | 1g1151C209247x392826c | |
| 2017 Q2 | 149 | $462.8M | 16 | ||
| 2017 Q1 | 136 | $438.8M | 16 | ||
| 2016 Q4 | 152 | $436.6M | 9 | ||
| 2016 Q3 | 148 | $431.1M | 10 | ||
| 2016 Q2 | 154 | $423.5M | 8 | 1g1151C209247x388579y | |
| 2016 Q1 | 148 | $421.8M | 13 | ||
| 2015 Q4 | 139 | $408.3M | 27 | 1g1151C209247x392826c | |
| 2015 Q3 | 137 | $404.4M | 18 | ||
| 2015 Q2 | 144 | $439.7M | 9 | ||
| 2015 Q1 | 145 | $456.2M | 9 | ||
| 2014 Q4 | 145 | $457.8M | 13 | ||
| 2014 Q3 | 136 | $431.9M | 7 | ||
| 2014 Q2 | 138 | $444.4M | 12 | ||
| 2014 Q1 | 133 | $429.1M | 13 | ||
| 2013 Q4 | 138 | $463.5M | 12 | ||
| 2013 Q3 | 135 | $421.4M | 9 | ||
| 2013 Q2 | 135 | $402.0M | — |
L. Roy Papp & Associates, LLP's most significant position changes for 2026-03-31: Sold out: Ishares 0-5 Year Tips Bond E (STIP); Sold out: First Horizon CORP (FHN); New buy: Vanguard Short Tax-ex Bond (VSDM); Trim: Microsoft CORP (MSFT) — shares -0.06%; Trim: Eog Resources INC (EOG) — shares -1.56%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | EOG | Eog Resources INC | +0.9% | -1.56% | Trim |
| 2 | SCHO | Schwab Short-term US Treas | +0.9% | +168.38% | Add |
| 3 | JNJ | Johnson & Johnson | +0.6% | -0.98% | Trim |
| 4 | XOM | Exxon Mobil CORP | +0.6% | +0.16% | Add |
| 5 | COST | Costco Wholesale CORP | +0.4% | -3.21% | Trim |
| 6 | LIN | Linde plc | +0.3% | +228.46% | Add |
| 7 | CVX | Chevron CORP | +0.3% | +0.44% | Add |
| 8 | MRVL | Marvell Technology INC | +0.3% | +1.63% | Add |
| 9 | IGSB | Ishares 1-5y Inv Grade CORP | +0.2% | +48.12% | Add |
| 10 | ADI | Analog Devices INC | +0.2% | -4.71% | Trim |
| 11 | RSP | Invesco S&p 500 Equal Weight | +0.2% | +8.62% | Add |
| 12 | AME | Ametek INC | +0.1% | +2.97% | Add |
| 13 | CNI | Canadian Natl Railway Co | +0.1% | -0.17% | Trim |
| 14 | CAT | Caterpillar INC | +0.1% | -0.02% | Trim |
| 15 | JPM | Jpmorgan Chase & Co | +0.1% | +16.67% | Add |
| 16 | PR | Permian Resources Corp-cl A | +0.1% | +1.34% | Add |
| 17 | SLAB | Silicon Laboratories INC | +0.1% | -0.87% | Trim |
| 18 | PEP | Pepsico INC | +0.1% | -0.90% | Trim |
| 19 | ORLY | O'reilly Automotive INC | +0.1% | -2.74% | Trim |
| 20 | XLE | Ss Energy Select Sector | +0.1% | +1.39% | Add |
| 21 | HD | Home Depot INC | — | +0.23% | Add |
| 22 | XLK | Ss Technology Select Sector | 0% | +2.03% | Add |
| 23 | NVDA | Nvidia CORP | 0% | -0.17% | Trim |
| 24 | SYK | Stryker CORP | 0% | +1.34% | Add |
| 25 | EXPD | Expeditors Intl Wash INC | 0% | -1.40% | Trim |
| 26 | ROK | Rockwell Automation INC | 0% | -0.41% | Trim |
| 27 | NXPI | NXP Semiconductors N.V. | -0.1% | -4.73% | Trim |
| 28 | NKE | Nike INC -cl B | -0.1% | -14.35% | Trim |
| 29 | ADP | Automatic Data Processing | -0.1% | — | Unchanged |
| 30 | PEGA | Pegasystems INC | -0.1% | -0.83% | Trim |
| 31 | MKC | Mccormick & Co-non Vtg Shrs | -0.1% | -1.68% | Trim |
| 32 | TRMB | Trimble INC | -0.1% | +0.24% | Add |
| 33 | ADBE | Adobe INC | -0.1% | -1.09% | Trim |
| 34 | CSGP | Costar Group INC | -0.1% | -1.10% | Trim |
| 35 | MTD | Mettler-toledo International | -0.1% | -1.74% | Trim |
| 36 | MA | Mastercard INC - A | -0.2% | -0.71% | Trim |
| 37 | FDS | Factset Research Systems INC | -0.2% | -12.48% | Trim |
| 38 | TROW | T Rowe Price Group INC | -0.2% | -18.24% | Trim |
| 39 | INTU | Intuit INC | -0.2% | -5.51% | Trim |
| 40 | BLK | Blackrock INC | -0.3% | -1.17% | Trim |
| 41 | AAPL | Apple INC | -0.4% | -2.91% | Trim |
| 42 | V | Visa Inc-class A Shares | -0.4% | -0.25% | Trim |
| 43 | TMO | Thermo Fisher Scientific INC | -0.4% | -1.39% | Trim |
| 44 | GOOGL | Alphabet Inc-cl A | -0.4% | -7.86% | Trim |
| 45 | GOOG | Alphabet Inc-cl C | -0.7% | -7.11% | Trim |
| 46 | ACN | Accenture plc | -0.8% | -0.95% | Trim |
| 47 | MSFT | Microsoft CORP | -1.3% | -0.06% | Trim |
| 48 | STIP | Ishares 0-5 Year Tips Bond E | — | EXIT | Sold out |
| 49 | FHN | First Horizon CORP | — | EXIT | Sold out |
| 50 | VSDM | Vanguard Short Tax-ex Bond | — | NEW | New buy |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026 Q1 | 2026-04-14 | 13F-HR | View on EDGAR |
| 2025 Q4 | 2026-01-28 | 13F-HR | View on EDGAR |
| 2025 Q3 | 2025-10-09 | 13F-HR | View on EDGAR |
| 2025 Q2 | 2025-07-24 | 13F-HR | View on EDGAR |
| 2025 Q1 | 2025-04-10 | 13F-HR | View on EDGAR |
| 2024 Q4 | 2025-01-29 | 13F-HR | View on EDGAR |
| 2024 Q3 | 2024-10-24 | 13F-HR | View on EDGAR |
| 2024 Q2 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2024 Q1 | 2024-04-15 | 13F-HR | View on EDGAR |
| 2023 Q4 | 2024-01-19 | 13F-HR | View on EDGAR |
| 2023 Q3 | 2023-10-19 | 13F-HR | View on EDGAR |
| 2023 Q2 | 2023-07-17 | 13F-HR | View on EDGAR |
| 2023 Q1 | 2023-05-05 | 13F-HR | View on EDGAR |
| 2022 Q4 | 2023-01-17 | 13F-HR | View on EDGAR |
| 2022 Q3 | 2022-10-21 | 13F-HR | View on EDGAR |
| 2022 Q2 | 2022-08-02 | 13F-HR | View on EDGAR |
| 2022 Q1 | 2022-05-06 | 13F-HR | View on EDGAR |
| 2021 Q4 | 2022-02-11 | 13F-HR | View on EDGAR |
| 2021 Q3 | 2021-11-09 | 13F-HR | View on EDGAR |
| 2021 Q2 | 2021-08-09 | 13F-HR | View on EDGAR |
| 2021 Q1 | 2021-05-06 | 13F-HR | View on EDGAR |
| 2020 Q4 | 2021-02-10 | 13F-HR | View on EDGAR |
| 2020 Q3 | 2020-11-13 | 13F-HR | View on EDGAR |
| 2020 Q2 | 2020-08-11 | 13F-HR | View on EDGAR |
| 2020 Q1 | 2020-05-05 | 13F-HR | View on EDGAR |
| 2019 Q4 | 2020-02-14 | 13F-HR | View on EDGAR |
| 2019 Q3 | 2019-11-04 | 13F-HR | View on EDGAR |
| 2019 Q2 | 2019-08-14 | 13F-HR | View on EDGAR |
| 2019 Q1 | 2019-05-09 | 13F-HR | View on EDGAR |
| 2018 Q4 | 2019-02-13 | 13F-HR | View on EDGAR |
| 2018 Q3 | 2018-11-13 | 13F-HR | View on EDGAR |
| 2018 Q2 | 2018-08-09 | 13F-HR | View on EDGAR |
| 2018 Q1 | 2018-05-15 | 13F-HR | View on EDGAR |
| 2017 Q4 | 2018-02-06 | 13F-HR | View on EDGAR |
| 2017 Q3 | 2017-11-06 | 13F-HR | View on EDGAR |
| 2017 Q2 | 2017-07-28 | 13F-HR | View on EDGAR |
| 2017 Q1 | 2017-05-11 | 13F-HR | View on EDGAR |
| 2016 Q4 | 2017-02-08 | 13F-HR | View on EDGAR |
| 2016 Q3 | 2016-10-21 | 13F-HR | View on EDGAR |
| 2016 Q2 | 2016-07-27 | 13F-HR | View on EDGAR |
| 2016 Q1 | 2016-05-09 | 13F-HR | View on EDGAR |
| 2015 Q4 | 2016-02-02 | 13F-HR | View on EDGAR |
| 2015 Q3 | 2015-11-03 | 13F-HR | View on EDGAR |
| 2015 Q2 | 2015-08-06 | 13F-HR | View on EDGAR |
| 2015 Q1 | 2015-05-06 | 13F-HR | View on EDGAR |
| 2014 Q4 | 2015-02-05 | 13F-HR | View on EDGAR |
| 2014 Q3 | 2014-11-07 | 13F-HR | View on EDGAR |
| 2014 Q2 | 2014-08-01 | 13F-HR | View on EDGAR |
| 2014 Q1 | 2014-05-12 | 13F-HR | View on EDGAR |
| 2013 Q4 | 2014-02-05 | 13F-HR | View on EDGAR |
| 2013 Q3 | 2013-11-08 | 13F-HR | View on EDGAR |
| 2013 Q2 | 2013-08-09 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001764725
Total reported value
$867.6M
21 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001470414
Total reported value
$868.1M
141 stks
2023-12-31
Stale — no recent filing
AUM within 0.1% of this institution
CIK 0001849457
Total reported value
$868.1M
12 stks
2025-12-31
Stale — no recent filing
AUM within 0.1% of this institution
Institutions with overlapping top holdings
CIK 0000105495
Total reported value
$7.7B
368 stks
2026-03-31
Also holds Apple INC as its largest position
CIK 0001008877
Total reported value
$1.2B
163 stks
2026-06-30
Also holds Microsoft CORP as its largest position
CIK 0000003520
Total reported value
$22.8B
525 stks
2026-03-31
Also holds Microsoft CORP as its largest position
Access L. Roy Papp & Associates, LLP's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/l-roy-papp-associates-llpCLI
npx alphasmo institutions get l-roy-papp-associates-llp