Latest PAPP L ROY & ASSOCIATES Stock Portfolio
PAPP L ROY & ASSOCIATES Performance:
2024 Q3: 4.29%YTD: 9.84%2023: 14.52%
Performance for 2024 Q3 is 4.29%, and YTD is 9.84%, and 2023 is 14.52%.
About PAPP L ROY & ASSOCIATES and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, L. Roy Papp & Associates, LLP reported an equity portfolio of $826.2 Millions as of 30 Sep, 2024.
The top stock holdings of L. Roy Papp & Associates, LLP are AAPL, MSFT, ACN. The fund has invested 7.2% of it's portfolio in APPLE INC and 6.4% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off BLACKROCK INC (BLK), POOL CORP (POOL) and SPDR SER TR (BIL) stocks. They significantly reduced their stock positions in STARBUCKS CORP (SBUX), BARRETT BUSINESS SVCS INC (BBSI) and WELLS FARGO CO NEW (WFC). L. Roy Papp & Associates, LLP opened new stock positions in ENTERPRISE PRODS PARTNERS L (EPD), ISHARES TR (ACWF) and CINCINNATI FINL CORP (CINF). The fund showed a lot of confidence in some stocks as they added substantially to SCHWAB STRATEGIC TR (FNDA), PERMIAN RESOURCES CORP (PR) and VANGUARD INDEX FDS (VB).
The top stock holdings of L. Roy Papp & Associates, LLP are AAPL, MSFT, ACN. The fund has invested 7.2% of it's portfolio in APPLE INC and 6.4% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off BLACKROCK INC (BLK), POOL CORP (POOL) and SPDR SER TR (BIL) stocks. They significantly reduced their stock positions in STARBUCKS CORP (SBUX), BARRETT BUSINESS SVCS INC (BBSI) and WELLS FARGO CO NEW (WFC). L. Roy Papp & Associates, LLP opened new stock positions in ENTERPRISE PRODS PARTNERS L (EPD), ISHARES TR (ACWF) and CINCINNATI FINL CORP (CINF). The fund showed a lot of confidence in some stocks as they added substantially to SCHWAB STRATEGIC TR (FNDA), PERMIAN RESOURCES CORP (PR) and VANGUARD INDEX FDS (VB).
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 4.29% in the last quarter. In trailing 12 months, it's portfolio return was 17.82%.
New Buys
| Ticker | $ Bought |
|---|---|
| enterprise prods partners l | 1,308,670 |
| ishares tr | 339,655 |
| cincinnati finl corp | 229,771 |
| air prods & chems inc | 220,030 |
| illinois tool wks inc | 214,112 |
| danaher corporation | 212,130 |
| carrier global corporation | 208,470 |
| mercadolibre inc | 205,196 |
New stocks bought by PAPP L ROY & ASSOCIATES
Additions
| Ticker | % Inc. |
|---|---|
| schwab strategic tr | 57.21 |
| permian resources corp | 31.7 |
| vanguard index fds | 16.6 |
| meta platforms inc | 15.84 |
| first solar inc | 14.23 |
| disney walt co | 6.77 |
| duke energy corp new | 6.14 |
| vanguard index fds | 4.54 |
Additions to existing portfolio by PAPP L ROY & ASSOCIATES
Reductions
| Ticker | % Reduced |
|---|---|
| starbucks corp | -36.59 |
| barrett business svcs inc | -25.94 |
| wells fargo co new | -24.8 |
| yeti hldgs inc | -20.32 |
| advanced micro devices inc | -14.23 |
| nextera energy inc | -13.67 |
| bristol-myers squibb co | -9.84 |
| kinder morgan inc del | -8.28 |
PAPP L ROY & ASSOCIATES reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| blackrock inc | -31,259,300 |
| bank america corp | -211,816 |
| spdr ser tr | -271,669 |
| pool corp | -706,859 |
PAPP L ROY & ASSOCIATES got rid off the above stocks
Sector Distribution
L. Roy Papp & Associates, LLP has about 24.1% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 24.1 |
| Healthcare | 13.4 |
| Others | 12.9 |
| Financial Services | 9.5 |
| Consumer Cyclical | 8.4 |
| Industrials | 8.1 |
| Consumer Defensive | 7.5 |
| Communication Services | 6 |
| Energy | 5.4 |
| Basic Materials | 1.7 |
| Real Estate | 1.6 |
Market Cap. Distribution
L. Roy Papp & Associates, LLP has about 84.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 48.6 |
| LARGE-CAP | 35.5 |
| UNALLOCATED | 12.9 |
| MID-CAP | 2 |
Stocks belong to which Index?
About 83.6% of the stocks held by L. Roy Papp & Associates, LLP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 82.3 |
| Others | 16.4 |
| RUSSELL 2000 | 1.3 |
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 177 stocks in it's portfolio. About 41.6% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for L. Roy Papp & Associates, LLP last quarter.
Last Reported on: 24 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 7.21 | 255,568 | 59,547,400 | reduced | -4.24 | ||
| AAXJ | ishares tr | 0.06 | 4,350 | 461,927 | unchanged | 0.00 | ||
| ABBV | abbvie inc | 0.19 | 7,842 | 1,548,640 | reduced | -0.63 | ||
| ABT | abbott labs | 0.12 | 8,478 | 966,577 | reduced | -5.04 | ||
| ACN | accenture plc ireland | 4.79 | 111,970 | 39,579,200 | added | 0.64 | ||
| ACWF | ishares tr | 0.04 | 5,418 | 339,655 | new | |||
| ADBE | adobe inc | 0.49 | 7,873 | 4,076,480 | unchanged | 0.00 | ||
| ADI | analog devices inc | 1.01 | 36,325 | 8,360,930 | reduced | -0.15 | ||
| ADP | automatic data processing in | 0.32 | 9,602 | 2,657,160 | added | 0.47 | ||
| AMAT | applied matls inc | 0.04 | 1,515 | 306,106 | unchanged | 0.00 | ||
| AMD | advanced micro devices inc | 0.03 | 1,429 | 234,471 | reduced | -14.23 | ||
| AME | ametek inc | 0.74 | 35,502 | 6,096,050 | reduced | -1.88 | ||
| AMGN | amgen inc | 0.25 | 6,458 | 2,080,830 | unchanged | 0.00 | ||
| AMPS | ishares tr | 0.84 | 75,914 | 6,931,690 | reduced | -0.74 | ||
| AMPS | ishares tr | 0.12 | 9,400 | 952,408 | unchanged | 0.00 | ||
| AMZN | amazon com inc | 0.30 | 13,430 | 2,502,410 | added | 2.78 | ||
| ANET | arista networks inc | 0.04 | 800 | 307,056 | unchanged | 0.00 | ||
| ANSS | ansys inc | 0.37 | 9,621 | 3,065,540 | reduced | -2.83 | ||
| APD | air prods & chems inc | 0.03 | 739 | 220,030 | new | |||
| AXP | american express co | 0.15 | 4,700 | 1,274,540 | unchanged | 0.00 | ||