Capital Investment Services of America, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Capital Investment Services of America, Inc. reported 84 stock positions worth $1.1 billion. Its top holding was Nvidia (NVDA) at 5.6% of the portfolio, followed by Microsoft (MSFT, 5.2%) and Oracle (ORCL, 4.5%). Compared with Q1 2025, it opened 6 new positions, added to 32 and reduced 31. The biggest buy was Snowflake (SNOW, shares +0%) and the biggest sale Fortive (FTV, shares −80%).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0000811360
Portfolio Value
$1.1B (Q2 2025)
SEC Filing
0000811360-25-000006 ↗ filed Jul 30, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.0B Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $986.8M Q1 2025 Q2 2025: $1.1B $1.1B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $957.7M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 84 stocks · $1.1B
NVDA Nvidia Corp. 5.64% 390,414 $61.7M Reduce -0.9%
MSFT Microsoft Corp. 5.24% 115,100 $57.3M Reduce -0.1%
ORCL Oracle Corp. 4.54% 227,072 $49.6M Reduce -0.7%
VCSH Vanguard S/T Corp. Bond ETF 4.21% 578,944 $46.0M Add +1.8%
FISV Fiserv Inc. 3.74% 236,939 $40.9M Add +0.1%
NOW ServiceNow Inc. 3.43% 36,481 $37.5M Reduce -0.3%
GOOG Alphabet Inc. Class C 3.36% 206,969 $36.7M Add +0.2%
PTC PTC Inc. 3.01% 190,899 $32.9M Add +0.6%
TYL Tyler Technologies Inc. 2.90% 53,401 $31.7M Add +0.3%
ECL Ecolab Inc. 2.87% 116,372 $31.4M Add +0.3%
WAB Wabtec Corp. 2.87% 149,628 $31.3M Reduce -0.4%
BKNG Booking Holdings Inc. 2.86% 5,405 $31.3M Reduce -0.4%
SYK Stryker Corp. 2.78% 76,795 $30.4M Add +0.1%
RMD Resmed Inc. 2.78% 117,641 $30.4M Add +0.2%
AMZN Amazon.com Inc. 2.66% 132,663 $29.1M Add +0.3%
ROP Roper Technologies Inc. 2.44% 47,091 $26.7M Add +0.3%
QCOM Qualcomm Inc. 2.43% 167,009 $26.6M Add +0.3%
DHR Danaher Corp. 2.43% 134,533 $26.6M Add +0.9%
CPAY Corpay Inc. 2.34% 77,206 $25.6M Add +0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 2.34% 207,050 $25.6M Reduce -0.6%
SSNC Ss&c Technologies Holdings 2.21% 291,302 $24.1M Add +0.2%
ANSS Ansys Inc. 2.20% 68,541 $24.1M Reduce -0.7%
ADBE Adobe Inc. 2.14% 60,395 $23.4M Add +0.6%
VEEV Veeva Systems Inc. Class A 2.13% 80,686 $23.2M Add +1.2%
SNOW Snowflake Inc. 2.07% 101,043 $22.6M Add +0.0%
IDXX Idexx Laboratories Inc. 1.96% 39,862 $21.4M Add +0.8%
APG Api Group Corp. 1.86% 397,325 $20.3M Add +5.4%
ZBRA Zebra Technologies Corp. Class A 1.68% 59,492 $18.3M Add +2.6%
IEI iShares 3-7 Year Treasury Bo 1.57% 144,347 $17.2M Reduce -0.1%
SBUX Starbucks Corp. 1.52% 181,906 $16.7M Add +0.0%
ITW Illinois Tool Works 1.48% 65,570 $16.2M Reduce -4.0%
VGIT Vanguard Intermediate-Term T 1.43% 262,143 $15.7M Add +0.1%
PYPL PayPal Holdings Inc. 1.30% 190,850 $14.2M Reduce -0.2%
VGSH Vanguard Short-Term Treasury 1.19% 220,661 $13.0M Add +39.1%
SHY iShares 1-3 Year Treasury Bo 1.10% 144,890 $12.0M Add +0.0%
ILMN Illumina Inc. 0.79% 90,370 $8.6M Reduce -6.0%
GOOGL Alphabet Inc. Class A 0.71% 44,204 $7.8M Reduce -2.5%
VTES Vanguard SH Term Tax-Ex Bond 0.71% 76,470 $7.7M Reduce -5.3%
VSDM Vanguard Short Tax-Ex Bond 0.66% 94,690 $7.2M Add +101.7%
IGSB iShares 1-5Y Inv Grade Corp. 0.61% 126,240 $6.7M Reduce -2.2%
MUB iShares National Muni Bond E 0.54% 56,629 $5.9M Add +2.7%
FAST Fastenal Co. 0.53% 137,397 $5.8M Reduce -1.6%
BND Vanguard Total Bond Market 0.51% 75,017 $5.5M Reduce -0.3%
VTEB Vanguard Tax-Exempt Bond ETF 0.48% 106,925 $5.2M Reduce -10.4%
AME Ametek Inc. 0.39% 23,634 $4.3M No change
SNPS Synopsys Inc. 0.38% 8,119 $4.2M Add +6.7%
VUSB Vanguard Ultra Short Bond Et 0.37% 82,085 $4.1M Add +1.2%
ADP Automatic Data Processing 0.21% 7,512 $2.3M No change
FTV Fortive Corp. 0.20% 42,485 $2.2M Reduce -80.2%
BIV Vanguard Intermediate-Term B 0.18% 25,415 $2.0M Reduce -4.2%
GVI iShares Intermediate Governm 0.18% 18,225 $1.9M Reduce -0.7%
VBIL Vanguard 0-3M T-Bill ETF 0.17% 25,000 $1.9M New
AAPL Apple Inc. 0.15% 7,954 $1.6M Reduce -7.2%
VLTO Veralto Corp. 0.13% 14,328 $1.4M Reduce -11.7%
SPSB SS SPDR P St C Corp. ETF 0.13% 47,777 $1.4M Reduce -1.6%
JNJ Johnson & Johnson 0.09% 6,467 $988K Reduce -2.3%
FLOT iShares Floating Rate Bond E 0.08% 17,842 $910K No change
BRK.B Berkshire Hathaway Inc. Class B 0.08% 1,845 $896K No change
VGUS Vanguard Ultra SHRT Treasury 0.08% 11,195 $846K New
ALC Alcon Inc. filed as ALCON AG 0.07% 9,054 $799K No change
IVV iShares Core S&P 500 ETF 0.07% 1,264 $785K Reduce -9.0%
SUB iShares Short-Term National 0.07% 6,750 $718K No change
RAL Ralliant Corp. 0.06% 14,139 $686K Reduce -80.2%
FDS Factset Research Systems Inc. 0.05% 1,250 $559K No change
VTIP Vanguard Short-Term Tips 0.05% 10,673 $537K Add +10.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 1,218 $534K Add +8.6%
VOO Vanguard S&P 500 ETF 0.05% 919 $522K Add +2.2%
PEP Pepsico Inc. 0.04% 3,486 $460K No change
VTI VG Morningstar TS MKT ETF-US 0.04% 1,330 $404K No change
ABBV Abbvie Inc. 0.04% 2,145 $398K Reduce -6.5%
ABT Abbott Laboratories 0.03% 2,624 $357K Reduce -18.8%
VCRM Vanguard Core Tax-Ex Bond 0.03% 4,715 $347K New
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 1,912 $338K Add +9.4%
MCD McDonald's Corp. 0.03% 1,112 $325K No change
WEC WEC Energy Group Inc. 0.02% 2,586 $269K Reduce -3.7%
AVGO Broadcom Inc. 0.02% 960 $265K New
HD Home Depot Inc. 0.02% 714 $262K No change
MA Mastercard Inc. Class A 0.02% 462 $260K No change
V Visa Inc. Class A 0.02% 685 $243K No change
MCK McKesson Corp. 0.02% 315 $231K No change
PAYX Paychex Inc. 0.02% 1,500 $218K No change
JPM JPMorgan Chase & Co. 0.02% 751 $218K Reduce -9.2%
SCHX Schwab US Large-Cap ETF 0.02% 8,670 $212K New
FIS Fidelity National Info Serv 0.02% 2,459 $200K New

Portfolio Sells Q1 2025 → Q2 2025
FTV Fortive Corp. Reduce -80.2% 0.20% −1.39
RAL Ralliant Corp. Reduce -80.2% 0.06% −0.29
ITW Illinois Tool Works Reduce -4.0% 1.48% −0.23
TJX TJX Companies Inc. Reduce -0.6% 2.34% −0.23
IEI iShares 3-7 Year Treasury Bo Reduce -0.1% 1.57% −0.16
VTEB Vanguard Tax-Exempt Bond ETF Reduce -10.4% 0.48% −0.12
VTES Vanguard SH Term Tax-Ex Bond Reduce -5.3% 0.71% −0.12
IGSB iShares 1-5Y Inv Grade Corp. Reduce -2.2% 0.61% −0.08
BND Vanguard Total Bond Market Reduce -0.3% 0.51% −0.05
AAPL Apple Inc. Reduce -7.2% 0.15% −0.04
VLTO Veralto Corp. Reduce -11.7% 0.13% −0.03
BIV Vanguard Intermediate-Term B Reduce -4.2% 0.18% −0.03
FAST Fastenal Co. Reduce -1.6% 0.53% −0.02
JNJ Johnson & Johnson Reduce -2.3% 0.09% −0.02
GVI iShares Intermediate Governm Reduce -0.7% 0.18% −0.02
SPSB SS SPDR P St C Corp. ETF Reduce -1.6% 0.13% −0.02
ABBV Abbvie Inc. Reduce -6.5% 0.04% −0.01
ABT Abbott Laboratories Reduce -18.8% 0.03% −0.01
ANSS Ansys Inc. Reduce -0.7% 2.20% −0.01
IVV iShares Core S&P 500 ETF Reduce -9.0% 0.07% −0.01
WEC WEC Energy Group Inc. Reduce -3.7% 0.02% −0.01
JPM JPMorgan Chase & Co. Reduce -9.2% 0.02% −0.00
GOOGL Alphabet Inc. Class A Reduce -2.5% 0.71% +0.00
ILMN Illumina Inc. Reduce -6.0% 0.79% +0.02
PYPL PayPal Holdings Inc. Reduce -0.2% 1.30% +0.03
WAB Wabtec Corp. Reduce -0.4% 2.87% +0.10
BKNG Booking Holdings Inc. Reduce -0.4% 2.86% +0.33
NOW ServiceNow Inc. Reduce -0.3% 3.43% +0.48
MSFT Microsoft Corp. Reduce -0.1% 5.24% +0.86
ORCL Oracle Corp. Reduce -0.7% 4.54% +1.30
NVDA Nvidia Corp. Reduce -0.9% 5.64% +1.32

Portfolio Buys Q1 2025 → Q2 2025
SNOW Snowflake Inc. Add +0.0% 2.07% +0.57
APG Api Group Corp. Add +5.4% 1.86% +0.49
VSDM Vanguard Short Tax-Ex Bond Add +101.7% 0.66% +0.30
IDXX Idexx Laboratories Inc. Add +0.8% 1.96% +0.27
VEEV Veeva Systems Inc. Class A Add +1.2% 2.13% +0.25
VGSH Vanguard Short-Term Treasury Add +39.1% 1.19% +0.24
VBIL Vanguard 0-3M T-Bill ETF New 0.17% +0.17
AMZN Amazon.com Inc. Add +0.3% 2.66% +0.11
RMD Resmed Inc. Add +0.2% 2.78% +0.11
GOOG Alphabet Inc. Class C Add +0.2% 3.36% +0.09
VGUS Vanguard Ultra SHRT Treasury New 0.08% +0.08
SNPS Synopsys Inc. Add +6.7% 0.38% +0.05
VCRM Vanguard Core Tax-Ex Bond New 0.03% +0.03
PTC PTC Inc. Add +0.6% 3.01% +0.03
AVGO Broadcom Inc. New 0.02% +0.02
SCHX Schwab US Large-Cap ETF New 0.02% +0.02
FIS Fidelity National Info Serv New 0.02% +0.02
ZBRA Zebra Technologies Corp. Class A Add +2.6% 1.68% +0.02
VUG Vanguard Mrngstar GR ETF-Sui Add +8.6% 0.05% +0.01
VOO Vanguard S&P 500 ETF Add +2.2% 0.05% +0.00
VTV Vanguard Mrngstr Val ETF-Aui Add +9.4% 0.03% +0.00
VTIP Vanguard Short-Term Tips Add +10.3% 0.05% +0.00
VUSB Vanguard Ultra Short Bond Et Add +1.2% 0.37% −0.04
MUB iShares National Muni Bond E Add +2.7% 0.54% −0.05
ECL Ecolab Inc. Add +0.3% 2.87% −0.11
SYK Stryker Corp. Add +0.1% 2.78% −0.11
SHY iShares 1-3 Year Treasury Bo Add +0.0% 1.10% −0.12
VGIT Vanguard Intermediate-Term T Add +0.1% 1.43% −0.14
QCOM Qualcomm Inc. Add +0.3% 2.43% −0.16
ADBE Adobe Inc. Add +0.6% 2.14% −0.20
TYL Tyler Technologies Inc. Add +0.3% 2.90% −0.24
SSNC Ss&c Technologies Holdings Add +0.2% 2.21% −0.25
SBUX Starbucks Corp. Add +0.0% 1.52% −0.28
VCSH Vanguard S/T Corp. Bond ETF Add +1.8% 4.21% −0.34
DHR Danaher Corp. Add +0.9% 2.43% −0.34
ROP Roper Technologies Inc. Add +0.3% 2.44% −0.36
CPAY Corpay Inc. Add +0.1% 2.34% −0.38
FISV Fiserv Inc. Add +0.1% 3.74% −1.56

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 83$1.0BNVDA, GOOG, VCSH, MSFT, WAB
Q1 2026 80$957.7MNVDA, VCSH, GOOG, MSFT, WAB
Q4 2025 81$1.1BNVDA, GOOG, MSFT, VCSH, ORCL
Q3 2025 84$1.1BNVDA, ORCL, MSFT, VCSH, GOOG
Q2 2025 84$1.1BNVDA, MSFT, ORCL, VCSH, FISV
Q1 2025 77$986.8MFISV, VCSH, MSFT, NVDA, GOOG
Q4 2024 77$1.0BNVDA, FISV, MSFT, VCSH, NOW
Q3 2024 75$1.0BNVDA, MSFT, VCSH, FISV, ORCL
Q2 2024 77$1.0BNVDA, MSFT, GOOG, VCSH, FISV
Q1 2024 74$1.0BMSFT, NVDA, FISV, VCSH, PTC