Bonness Enterprises Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), Bonness Enterprises Inc. reported 38 stock positions worth $289.7 million. Its top holding was Progressive (PGR) at 40.3% of the portfolio, followed by Stryker (SYK, 7.8%) and Microsoft (MSFT, 6.4%). Compared with Q3 2025, it sold out of 1, added to 2 and reduced 6. The biggest buy was United Parcel Service Class B (UPS, shares +9%) and the biggest sale an exit from Unilever (UL).

Most Recent 13F
Q2 2026
Location
WASHINGTON, DC
CIK
0001105471
Portfolio Value
$289.7M (Q4 2025)
SEC Filing
0001420506-26-000047 ↗ filed Jan 14, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $277.3M Q1 2024 Q2 2024: $273.3M Q2 2024 Q3 2024: $300.9M Q3 2024 Q4 2024: $285.0M Q4 2024 Q1 2025: $306.5M Q1 2025 Q2 2025: $305.4M Q2 2025 Q3 2025: $304.8M Q3 2025 Q4 2025: $289.7M $289.7M Q4 2025 Q1 2026: $273.2M Q1 2026 Q2 2026: $310.1M Q2 2026

Holdings 38 stocks · $289.7M
PGR Progressive Corp. 40.28% 512,457 $116.7M No change
SYK Stryker Corp. 7.76% 63,939 $22.5M Reduce -2.4%
MSFT Microsoft Corp. 6.43% 38,540 $18.6M Reduce -5.1%
AAPL Apple Inc. 4.60% 49,070 $13.3M Reduce -9.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 3.02% 29,564 $8.8M No change
ABBV Abbvie Inc. 2.91% 36,900 $8.4M No change
JNJ Johnson & Johnson 2.76% 38,638 $8.0M No change
GLW Corning Inc. 2.61% 86,300 $7.6M No change
CSCO Cisco Systems Inc. 2.55% 96,100 $7.4M No change
MRK Merck & Co. Inc. 2.52% 69,500 $7.3M No change
AMAT Applied Materials Inc. 2.20% 24,776 $6.4M Reduce -7.7%
EMR Emerson Electric Co. 1.97% 43,000 $5.7M No change
TMO Thermo Fisher Scientific Inc. 1.77% 8,875 $5.1M Reduce -18.8%
MRSH Marsh & McLennan Cos 1.62% 25,300 $4.7M No change
NUE Nucor Corp. 1.53% 27,235 $4.4M No change
ABT Abbott Laboratories 1.41% 32,700 $4.1M No change
PFE Pfizer Inc. 1.39% 161,508 $4.0M No change
INTC Intel Corp. 1.25% 97,850 $3.6M No change
BMY Bristol-Myers Squibb Co. 1.01% 54,300 $2.9M No change
A Agilent Technologies Inc. 0.84% 17,900 $2.4M No change
PHG Koninklijke Philips NVR- NY 0.81% 86,961 $2.4M No change
PG The Procter & Gamble Co. 0.81% 16,400 $2.4M No change
UPS United Parcel Service Class B 0.79% 23,150 $2.3M Add +9.5%
ING ING Groep N.V.-Sponsored ADR 0.79% 82,000 $2.3M No change
T AT&T Inc. 0.76% 89,200 $2.2M No change
VZ Verizon Communications Inc. 0.71% 50,431 $2.1M Add +2.0%
GSK GSK PLC-Spon ADR 0.70% 41,480 $2.0M No change
KO The Coca-Cola Co. 0.68% 28,100 $2.0M No change
NTRS Northern Trust Corp. 0.60% 12,700 $1.7M No change
XOM Exxon Mobil Corp. 0.59% 14,185 $1.7M No change
GEN Gen Digital Inc. 0.48% 51,500 $1.4M No change
HPE Hewlett Packard Enterprise 0.47% 57,100 $1.4M No change
HPQ HP Inc. 0.44% 57,100 $1.3M No change
GE General Electric filed as GE AEROSPACE 0.26% 2,484 $765K No change
BRK.B Berkshire Hathaway Inc. Class B 0.23% 1,350 $679K No change
ORCL Oracle Corp. 0.19% 2,780 $542K Reduce -71.2%
GEV GE Vernova Inc. 0.14% 620 $405K No change
MICC The Magnum Ice Cream Co. NV 0.08% 15,208 $241K No change

Portfolio Sells Q3 2025 → Q4 2025
UL Unilever PLC Sold out 0.00% −1.48
ORCL Oracle Corp. Reduce -71.2% 0.19% −0.70
MSFT Microsoft Corp. Reduce -5.1% 6.43% −0.47
SYK Stryker Corp. Reduce -2.4% 7.76% −0.19
TMO Thermo Fisher Scientific Inc. Reduce -18.8% 1.77% +0.04
AAPL Apple Inc. Reduce -9.9% 4.60% +0.06
AMAT Applied Materials Inc. Reduce -7.7% 2.20% +0.40

Portfolio Buys Q3 2025 → Q4 2025
UPS United Parcel Service Class B Add +9.5% 0.79% +0.21
VZ Verizon Communications Inc. Add +2.0% 0.71% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 37$310.1MPGR, SYK, AMAT, AAPL, MSFT
Q1 2026Amended 39$273.2MPGR, SYK, MSFT, AAPL, JNJ
Q4 2025 38$289.7MPGR, SYK, MSFT, AAPL, IBM
Q3 2025 38$304.8MPGR, SYK, MSFT, AAPL, ABBV
Q2 2025 38$305.4MPGR, SYK, MSFT, AAPL, IBM
Q1 2025 37$306.5MPGR, SYK, MSFT, AAPL, ABBV
Q4 2024 38$285.0MPGR, SYK, MSFT, AAPL, MRK
Q3 2024 37$300.9MPGR, SYK, MSFT, AAPL, MRK
Q2 2024 37$273.3MPGR, SYK, MSFT, AAPL, MRK
Q1 2024 38$277.3MPGR, SYK, MSFT, AAPL, MRK