Latest PAPP L ROY & ASSOCIATES Stock Portfolio

PAPP L ROY & ASSOCIATES Performance:

2026 Q1: -3.83%YTD: -3.83%2025: 8.64%

Performance for 2026 Q1 is -3.83%, and YTD is -3.83%, and 2025 is 8.64%.

About PAPP L ROY & ASSOCIATES and 13F Hedge Fund Stock Holdings

On 2026-04-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, L. Roy Papp & Associates, LLP reported an equity portfolio of $867.4 Millions as of 31 Mar, 2026.

The top stock holdings of L. Roy Papp & Associates, LLP are AAPL, GOOG, MSFT. The fund has invested 6.6% of it's portfolio in APPLE INC and 5.2% of portfolio in ALPHABET INC.

The fund managers got completely rid off ISHARES TR (AMPS), FIRST HORIZON CORPORATION (FHN) and ISHARES TR (IJR) stocks. They significantly reduced their stock positions in FISERV INC, ICON PLC (ICLR) and APPLIED MATLS INC (AMAT). L. Roy Papp & Associates, LLP opened new stock positions in VANGUARD MUN BD FDS (VTEB), PHILLIPS 66 (PSX) and NETFLIX INC. (NFLX). The fund showed a lot of confidence in some stocks as they added substantially to LINDE PLC (LIN), SCHWAB STRATEGIC TR (FNDA) and NORTHROP GRUMMAN CORP (NOC).

PAPP L ROY & ASSOCIATES Annual Return Estimates Vs S&P 500

Our best estimate is that L. Roy Papp & Associates, LLP made a return of -3.83% in the last quarter. In trailing 12 months, it's portfolio return was 8.17%.

Performance
S&P 500

New Buys

Ticker	$ Bought
vanguard mun bd fds	497,411
phillips 66	251,227
netflix inc.	213,453
air products and chemicals i	205,086
agnico eagle mines ltd	202,980
sterling infrastructure inc	202,414

New stocks bought by PAPP L ROY & ASSOCIATES

Additions

Ticker	% Inc.
linde plc	228
schwab strategic tr	168
northrop grumman corp	92.59
ishares tr	48.12
ishares tr	37.38
ww grainger inc	37.35
csx corp	22.58
nextera energy inc	20.67

Additions to existing portfolio by PAPP L ROY & ASSOCIATES

Reductions

Ticker	% Reduced
fiserv inc	-55.66
icon plc	-47.48
applied matls inc	-28.68
price t rowe group inc	-18.24
vanguard index fds	-15.98
nike inc	-14.35
rbc bearings inc	-14.08
factset resh sys inc	-12.48

PAPP L ROY & ASSOCIATES reduced stake in above stock

Sold off

Ticker	$ Sold
first horizon corporation	-557,850
ishares tr	-962,466
barrett business svcs inc	-203,863
united parcel service inc	-285,668
ishares tr	-369,941
capital one finl corp	-230,727
mercadolibre inc	-201,426

PAPP L ROY & ASSOCIATES got rid off the above stocks

Sector Distribution

L. Roy Papp & Associates, LLP has about 21.1% of it's holdings in Technology sector.

Sector	%
Technology	21.1
Others	17.2
Healthcare	12
Industrials	9
Communication Services	8.6
Financial Services	7.6
Consumer Cyclical	7.2
Energy	6.6
Consumer Defensive	6.3
Basic Materials	1.8
Real Estate	1.1

Market Cap. Distribution

L. Roy Papp & Associates, LLP has about 79.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	44
LARGE-CAP	35.3
UNALLOCATED	17.8
MID-CAP	3

Stocks belong to which Index?

About 78.5% of the stocks held by L. Roy Papp & Associates, LLP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	77.1
Others	21.5
RUSSELL 2000	1.4

Top 5 Winners (%)		%
SLAB	silicon laboratories inc	59.0 %
PR	permian resources corp	51.4 %
XOM	exxon mobil corp	40.9 %
EOG	eog res inc	37.4 %
XLB	select sector spdr tr	36.7 %

Top 5 Winners ($)		$
EOG	eog res inc	7.2 M
XOM	exxon mobil corp	4.4 M
JNJ	johnson & johnson	4.4 M
COST	costco wholesale corporation	3.2 M
CVX	chevron corporation	2.0 M

Top 5 Losers (%)		%
OMEX	odyssey marine expl inc	-57.5 %
CSGP	costar group inc	-39.8 %
INTU	intuit	-33.8 %
ADBE	adobe inc	-30.4 %
ICLR	icon plc	-29.9 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-13.3 M
ACN	accenture plc ireland	-7.8 M
V	visa inc	-4.9 M
TMO	thermo fisher scientific inc	-4.5 M
GOOG	alphabet inc	-4.4 M

PAPP L ROY & ASSOCIATES Holdings Map

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

Current Stock Holdings of PAPP L ROY & ASSOCIATES

L. Roy Papp & Associates, LLP has 184 stocks in it's portfolio. About 40.3% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. EOG was the most profitable stock for L. Roy Papp & Associates, LLP last quarter.

Last Reported on: 14 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	6.64	227,124	57,641,800	reduced	-2.91

AAXJ	ishares tr	0.61	100,135	5,263,080	added	48.12

AAXJ	ishares tr	0.09	7,350	782,775	added	37.38

ABBV	abbvie inc	0.19	7,612	1,655,530	added	1.51

ABT	abbott laboratories	0.09	7,553	775,467	reduced	-4.72

ACN	accenture plc ireland	2.55	111,449	22,099,200	reduced	-0.95

ADBE	adobe inc	0.22	7,678	1,866,370	reduced	-1.09

ADI	analog devices inc	1.35	36,789	11,704,100	reduced	-4.71

ADP	automatic data processing in	0.22	9,602	1,950,940	unchanged	0.00

AEM	agnico eagle mines ltd	0.02	1,000	202,980	new

AFK	vaneck etf trust	0.03	600	230,040	unchanged	0.00

AGNG	global x fds	0.03	16,604	284,759	added	16.82

AMAT	applied matls inc	0.06	1,405	480,215	reduced	-28.68

AME	ametek inc	1.16	46,717	10,014,300	added	2.97

AMGN	amgen inc	0.26	6,457	2,271,900	unchanged	0.00

AMPS	ishares tr	0.84	78,980	7,324,580	reduced	-0.13

AMPS	ishares tr	0.00	0.00	0.00	sold off	-100

AMZN	amazon com inc	0.31	12,799	2,665,650	added	0.38

ANET	arista networks inc	0.04	3,010	369,568	unchanged	0.00

APD	air products and chemicals i	0.02	706	205,086	new