Latest NORRIS PERNE & FRENCH LLP/MI Stock Portfolio

NORRIS PERNE & FRENCH LLP/MI Performance:

2025 Q2: 5.28%YTD: -0.48%2024: 10.45%

Performance for 2025 Q2 is 5.28%, and YTD is -0.48%, and 2024 is 10.45%.

About NORRIS PERNE & FRENCH LLP/MI and 13F Hedge Fund Stock Holdings

NORRIS PERNE & FRENCH LLP/MI is a hedge fund based in GRAND RAPIDS, MI. On 27-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2 Billions. In it's latest 13F Holdings report, NORRIS PERNE & FRENCH LLP/MI reported an equity portfolio of $1.4 Billions as of 30 Jun, 2025.

The top stock holdings of NORRIS PERNE & FRENCH LLP/MI are MSFT, AMZN, GOOG. The fund has invested 7.9% of it's portfolio in MICROSOFT and 3.5% of portfolio in AMAZON.COM INC.

The fund managers got completely rid off BK OF AMERICA CORP 7.25 CNV PFD L IG (BAC) and PEBBLEBROOK HOTEL TRUST 6.3 PFD F (C05/21) (PEB) stocks. They significantly reduced their stock positions in ALPHABET INC. (GOOG), DANAHER CORP (DHR) and L3HARRIS TECHNOLOGIES INC COM (LHX). NORRIS PERNE & FRENCH LLP/MI opened new stock positions in ARISTA NETWORKS INC COM SHS (ANET), VANGUARD TOTAL STK MKT (VB) and CONSTELLATION ENERGY CORP COM (CEG). The fund showed a lot of confidence in some stocks as they added substantially to TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM), META PLATFORMS INC CL A (META) and STRYKER CORP (SYK).

NORRIS PERNE & FRENCH LLP/MI Annual Return Estimates Vs S&P 500

Our best estimate is that NORRIS PERNE & FRENCH LLP/MI made a return of 5.28% in the last quarter. In trailing 12 months, it's portfolio return was 3.05%.

New Buys

Ticker	$ Bought
arista networks inc com shs	6,411,870
vanguard total stk mkt	338,274
constellation energy corp com	333,411
powershares qqq tr	276,933
allstate corp	253,248
goldman sachs group inc	245,758
marriott intl inc	230,546
ishares tr msci usa minimum volatility index fd	224,166

New stocks bought by NORRIS PERNE & FRENCH LLP/MI

Additions

Ticker	% Inc.
taiwan semiconductor manufacturing co ltd	9,148
meta platforms inc cl a	1,136
stryker corp	378
fastenal co	98.37
ishares 0-3 month treasury bond etf	55.16
ball corp com	33.58
invesco s&p 500 equal weight etf	15.82
cisco sys inc	14.59

Additions to existing portfolio by NORRIS PERNE & FRENCH LLP/MI

Reductions

Ticker	% Reduced
alphabet inc.	-34.66
danaher corp	-34.22
l3harris technologies inc com	-29.45
spdr gold shares etf	-19.14
asml holding nv - ny reg shs	-18.25
jpmorgan chase & co. com	-15.43
spdr s&p 500 etf trust	-12.68
exxon mobil corp com	-12.23

NORRIS PERNE & FRENCH LLP/MI reduced stake in above stock

Sold off

Ticker	$ Sold
pebblebrook hotel trust 6.3 pfd f (c05/21)	-322,149
bk of america corp 7.25 cnv pfd l ig	-361,729

NORRIS PERNE & FRENCH LLP/MI got rid off the above stocks

Sector Distribution

NORRIS PERNE & FRENCH LLP/MI has about 27.4% of it's holdings in Technology sector.

Sector	%
Technology	27.4
Others	16.9
Industrials	13.7
Healthcare	10.2
Consumer Cyclical	10.2
Basic Materials	7.6
Financial Services	6.7
Communication Services	4.1
Energy	2.4

Market Cap. Distribution

NORRIS PERNE & FRENCH LLP/MI has about 74.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	43.7
MEGA-CAP	31.1
UNALLOCATED	16.9
MID-CAP	7.7

Stocks belong to which Index?

About 70.5% of the stocks held by NORRIS PERNE & FRENCH LLP/MI either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	69.3
Others	29.5
RUSSELL 2000	1.2

Top 5 Winners (%)		%
AXON	axon enterprise inc com	57.4 %
ORCL	oracle corporation	56.4 %
APH	amphenol corp cl a	50.6 %
PWR	quanta svcs inc com	48.7 %
NVDA	nvidia corp	44.7 %

Top 5 Winners ($)		$
MSFT	microsoft	27.6 M
PWR	quanta svcs inc com	9.3 M
COHR	coherent corp	8.1 M
GOOG	alphabet inc.	7.4 M
AMAT	applied matls inc com	7.2 M

Top 5 Losers (%)		%
FAST	fastenal co	-44.7 %
OPK	opko health inc	-20.5 %
TMO	thermo fisher scientific inc com	-18.0 %
AVTR	avantor inc com	-17.1 %
CVX	chevron corp new com	-14.6 %

Top 5 Losers ($)		$
FAST	fastenal co	-14.5 M
MRK	merck & co inc	-2.7 M
AVTR	avantor inc com	-2.6 M
JNJ	johnson & johnson com	-2.5 M
TMO	thermo fisher scientific inc com	-2.3 M

NORRIS PERNE & FRENCH LLP/MI Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of NORRIS PERNE & FRENCH LLP/MI

NORRIS PERNE & FRENCH LLP/MI has 153 stocks in it's portfolio. About 33.3% of the portfolio is in top 10 stocks. FAST proved to be the most loss making stock for the portfolio. MSFT was the most profitable stock for NORRIS PERNE & FRENCH LLP/MI last quarter.

Last Reported on: 17 Jul, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	MSFT	microsoft	7.88	227,514	113,168,000	added	1.07
Historical Trend of MICROSOFT Position Held By NORRIS PERNE & FRENCH LLP/MI What % of Portfolio is MSFT?: Number of MSFT shares held: Change in No. of Shares Held:
	AMZN	amazon.com inc	3.49	228,184	50,061,200	added	0.18

	GOOG	alphabet inc.	3.32	270,524	47,674,400	reduced	-34.66

	V	visa inc	3.27	132,354	46,992,100	reduced	-0.21

		berkshire hathaway inc del cl b new	3.14	92,949	45,151,700	reduced	-1.39

	LIN	linde plc shs	2.68	82,001	38,473,200	reduced	-0.31

	IJR	ishares s&p 500 index	2.60	60,114	37,325,100	reduced	-0.97

	AMAT	applied matls inc com	2.40	188,637	34,533,800	reduced	-0.51

	LNG	cheniere energy inc com new	2.29	134,940	32,860,700	reduced	-0.6

	TSM	taiwan semiconductor manufacturing co ltd	2.22	140,862	31,903,800	added	9,148

	BALL	ball corp com	2.12	542,757	30,443,200	added	33.58

	UNP	union pac corp com	2.10	131,404	30,233,400	added	0.83

	ABT	abbott labs com	2.09	220,459	29,984,600	reduced	-1.24

	SHW	sherwin williams co com	2.07	86,548	29,717,000	reduced	-0.06

	COHR	coherent corp	2.07	333,005	29,707,400	added	0.37

	JNJ	johnson & johnson com	2.04	191,636	29,272,400	added	2.26

	MCO	moodys corp	1.99	56,993	28,586,900	reduced	-0.1

	ECL	ecolab inc com	1.98	105,534	28,435,000	reduced	-0.45

	ALSN	allison transmission hldgs inc com	1.97	298,398	28,344,800	reduced	-0.5

	PWR	quanta svcs inc com	1.97	74,890	28,314,500	reduced	-0.07