LR

L. Roy Papp & Associates, LLP

Diversified strategyMomentum followerQuality / disciplined sizing

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%.

Personality snowflake

Concentration
9.9
Portfolio Stability
15.3
Momentum/Contrarian
100
Sector conviction
41.63
Diversification
100
Sizing Uniformity
81.1

Recent moves

  • 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

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1AAPLApple INCStock-Tech6.65%-0.38%-2.91%
2GOOGAlphabet Inc-cl CStock-Comm Services5.17%-0.66%-7.11%
3MSFTMicrosoft CORPStock-Tech5.00%-1.27%-0.06%
4BLKBlackrock INCStock-Financials3.99%-0.32%-1.17%
5ORLYO'reilly Automotive INCStock-Consumer Disc3.54%+0.09%-2.74%
6VVisa Inc-class A SharesStock-Financials3.53%-0.40%-0.25%
7JNJJohnson & JohnsonStock-Healthcare3.30%+0.59%-0.98%
8GOOGLAlphabet Inc-cl AStock-Comm Services3.25%-0.44%-7.86%
9EOGEog Resources INCStock-Energy3.00%+0.88%-1.56%
10TMOThermo Fisher Scientific INCStock-Healthcare2.88%-0.42%-1.39%
11COSTCostco Wholesale CORPStock-Consumer Staples2.74%+0.39%-3.21%
12EXPDExpeditors Intl Wash INCStock-Industrials2.65%-0.04%-1.40%
13ACNAccenture plcStock-Tech2.55%-0.79%-0.95%
14SYKStryker CORPStock-Healthcare2.48%-0.03%+1.34%
15HDHome Depot INCStock-Consumer Disc2.36%—+0.23%
16XBISs Spdr S&p Biotech ETFETF-Tech1.97%—-1.93%
17XOMExxon Mobil CORPStock-Energy1.76%+0.56%+0.16%
18RSPInvesco S&p 500 Equal WeightETF-Large Cap & Growth1.56%+0.19%+8.62%
19CNICanadian Natl Railway CoStock-Industrials1.56%+0.12%-0.17%
20MTDMettler-toledo InternationalStock-Healthcare1.52%-0.12%-1.74%
21MAMastercard INC - AStock-Financials1.46%-0.15%-0.71%
22MRVLMarvell Technology INCStock-Tech1.40%+0.26%+1.63%
23ADIAnalog Devices INCStock-Tech1.35%+0.19%-4.71%
24SCHOSchwab Short-term US TreasETF-Other1.32%+0.85%+168.38%
25AMEAmetek INCStock-Industrials1.15%+0.12%+2.97%
26PGProcter & Gamble Co/theStock-Consumer Staples1.10%—+0.04%
27ECLEcolab INCStock-Materials1.08%—-3.32%
28JPMJpmorgan Chase & CoStock-Financials1.04%+0.10%+16.67%
29XLKSs Technology Select SectorETF-Tech0.97%-0.02%+2.03%
30ROKRockwell Automation INCStock-Industrials0.93%-0.04%-0.41%
31CVXChevron CORPStock-Energy0.89%+0.27%+0.44%
32PEPPepsico INCStock-Consumer Staples0.87%+0.09%-0.90%
33USMVIshares Msci USA Min Vol FacETF-Other0.84%—-0.13%
34EMREmerson Electric CoStock-Industrials0.82%—+0.14%
35NVDANvidia CORPStock-Tech0.78%-0.02%-0.17%
36WYWeyerhaeuser CoStock-Real Estate0.77%——
37VMIValmont IndustriesStock-Industrials0.69%—+3.07%
38RBCRBC Bearings INCStock-Industrials0.65%—-14.08%
39BRK-BBerkshire Hathaway Inc-cl BStock-Other0.64%—+2.26%
40IGSBIshares 1-5y Inv Grade CORPETF-Other0.61%+0.21%+48.12%
41TRMBTrimble INCStock-Tech0.59%-0.08%+0.24%
42TROWT Rowe Price Group INCStock-Financials0.58%-0.19%-18.24%
43WCNWaste Connections INCStock-Industrials0.51%——
44RMDResmed INCStock-Healthcare0.47%—+9.51%
45LINLinde plcStock-Materials0.46%+0.34%+228.46%
46NXPINXP Semiconductors N.V.Stock-Tech0.44%-0.05%-4.73%
47CATCaterpillar INCStock-Industrials0.42%+0.10%-0.02%
48VIGVanguard Dividend Apprec ETFETF-Other0.42%—+0.52%
49SCHBSchwab US Broad Market ETFETF-Other0.40%—-2.37%
50FDSFactset Research Systems INCStock-Financials0.38%-0.18%-12.48%
1–50 of 184

Holding changes this quarter

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%.

Position changes disclosed by L. Roy Papp & Associates, LLP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1EOGEog Resources INC+0.9%-1.56%Trim
2SCHOSchwab Short-term US Treas+0.9%+168.38%Add
3JNJJohnson & Johnson+0.6%-0.98%Trim
4XOMExxon Mobil CORP+0.6%+0.16%Add
5COSTCostco Wholesale CORP+0.4%-3.21%Trim
6LINLinde plc+0.3%+228.46%Add
7CVXChevron CORP+0.3%+0.44%Add
8MRVLMarvell Technology INC+0.3%+1.63%Add
9IGSBIshares 1-5y Inv Grade CORP+0.2%+48.12%Add
10ADIAnalog Devices INC+0.2%-4.71%Trim
11RSPInvesco S&p 500 Equal Weight+0.2%+8.62%Add
12AMEAmetek INC+0.1%+2.97%Add
13CNICanadian Natl Railway Co+0.1%-0.17%Trim
14CATCaterpillar INC+0.1%-0.02%Trim
15JPMJpmorgan Chase & Co+0.1%+16.67%Add
16PRPermian Resources Corp-cl A+0.1%+1.34%Add
17SLABSilicon Laboratories INC+0.1%-0.87%Trim
18PEPPepsico INC+0.1%-0.90%Trim
19ORLYO'reilly Automotive INC+0.1%-2.74%Trim
20XLESs Energy Select Sector+0.1%+1.39%Add
21HDHome Depot INC—+0.23%Add
22XLKSs Technology Select Sector0%+2.03%Add
23NVDANvidia CORP0%-0.17%Trim
24SYKStryker CORP0%+1.34%Add
25EXPDExpeditors Intl Wash INC0%-1.40%Trim
26ROKRockwell Automation INC0%-0.41%Trim
27NXPINXP Semiconductors N.V.-0.1%-4.73%Trim
28NKENike INC -cl B-0.1%-14.35%Trim
29ADPAutomatic Data Processing-0.1%—Unchanged
30PEGAPegasystems INC-0.1%-0.83%Trim
31MKCMccormick & Co-non Vtg Shrs-0.1%-1.68%Trim
32TRMBTrimble INC-0.1%+0.24%Add
33ADBEAdobe INC-0.1%-1.09%Trim
34CSGPCostar Group INC-0.1%-1.10%Trim
35MTDMettler-toledo International-0.1%-1.74%Trim
36MAMastercard INC - A-0.2%-0.71%Trim
37FDSFactset Research Systems INC-0.2%-12.48%Trim
38TROWT Rowe Price Group INC-0.2%-18.24%Trim
39INTUIntuit INC-0.2%-5.51%Trim
40BLKBlackrock INC-0.3%-1.17%Trim
41AAPLApple INC-0.4%-2.91%Trim
42VVisa Inc-class A Shares-0.4%-0.25%Trim
43TMOThermo Fisher Scientific INC-0.4%-1.39%Trim
44GOOGLAlphabet Inc-cl A-0.4%-7.86%Trim
45GOOGAlphabet Inc-cl C-0.7%-7.11%Trim
46ACNAccenture plc-0.8%-0.95%Trim
47MSFTMicrosoft CORP-1.3%-0.06%Trim
48STIPIshares 0-5 Year Tips Bond E—EXITSold out
49FHNFirst Horizon CORP—EXITSold out
50VSDMVanguard Short Tax-ex Bond—NEWNew buy

FAQ

What is L. Roy Papp & Associates, LLP and what type of investor is it?
L. Roy Papp & Associates, LLP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $867.4M, spread across 184 disclosed positions.
What are L. Roy Papp & Associates, LLP's largest equity positions?
Based on the latest 13F filing, L. Roy Papp & Associates, LLP's top holdings by market value are: 1. Apple INC (AAPL) — $57.6M (6.7%) 2. Alphabet Inc-cl C (GOOG) — $44.8M (5.2%) 3. Microsoft CORP (MSFT) — $43.4M (5.0%) 4. Blackrock INC (BLK) — $34.6M (4.0%) 5. O'reilly Automotive INC (ORLY) — $30.7M (3.5%)
What changes did L. Roy Papp & Associates, LLP make in its most recent portfolio filing?
In the latest reported quarter, L. Roy Papp & Associates, LLP made 49 notable position adjustments: 1 new positions were initiated, 15 existing holdings were added to, 31 positions were partially reduced, and 2 were completely exited. The largest of these moves: 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%
What sectors does L. Roy Papp & Associates, LLP focus on?
L. Roy Papp & Associates, LLP is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 24.1% • Financials: 13.8% • Health Care: 13.6% • Industrials: 12.5% • Communication Services: 9.8% • Consumer Discretionary: 8.3%