Capital Investment Services of America, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Capital Investment Services of America, Inc. reported 84 stock positions worth $1.1 billion. Its top holding was Nvidia (NVDA) at 6.4% of the portfolio, followed by Oracle (ORCL, 5.3%) and Microsoft (MSFT, 5.3%). Compared with Q2 2025, it opened 3 new positions, sold out of 3, added to 29 and reduced 26. The biggest buy was Synopsys (SNPS, shares +286%) and the biggest sale an exit from Ansys (ANSS).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0000811360
Portfolio Value
$1.1B (Q3 2025)
SEC Filing
0000811360-25-000010 ↗ filed Nov 3, 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 Q2 2025 Q3 2025: $1.1B $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. 6.40% 386,415 $72.1M Reduce -1.0%
ORCL Oracle Corp. 5.33% 213,347 $60.0M Reduce -6.0%
MSFT Microsoft Corp. 5.28% 114,711 $59.4M Reduce -0.3%
VCSH Vanguard S/T Corp. Bond ETF 4.58% 645,632 $51.6M Add +11.5%
GOOG Alphabet Inc. Class C 4.46% 205,910 $50.1M Reduce -0.5%
PTC PTC Inc. 3.43% 189,967 $38.6M Reduce -0.5%
NOW ServiceNow Inc. 2.99% 36,540 $33.6M Add +0.2%
RMD Resmed Inc. 2.87% 117,829 $32.3M Add +0.2%
ECL Ecolab Inc. 2.84% 116,802 $32.0M Add +0.4%
FISV Fiserv Inc. 2.74% 239,186 $30.8M Add +0.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 2.66% 207,301 $30.0M Add +0.1%
WAB Wabtec Corp. 2.65% 148,656 $29.8M Reduce -0.7%
BKNG Booking Holdings Inc. 2.59% 5,397 $29.1M Reduce -0.1%
AMZN Amazon.com Inc. 2.58% 132,297 $29.0M Reduce -0.3%
SYK Stryker Corp. 2.53% 76,896 $28.4M Add +0.1%
TYL Tyler Technologies Inc. 2.48% 53,405 $27.9M Add +0.0%
QCOM Qualcomm Inc. 2.48% 167,515 $27.9M Add +0.3%
DHR Danaher Corp. 2.40% 136,252 $27.0M Add +1.3%
SSNC Ss&c Technologies Holdings 2.30% 291,253 $25.9M Reduce -0.0%
IDXX Idexx Laboratories Inc. 2.26% 39,761 $25.4M Reduce -0.3%
VEEV Veeva Systems Inc. Class A 2.16% 81,798 $24.4M Add +1.4%
ROP Roper Technologies Inc. 2.10% 47,476 $23.7M Add +0.8%
SNOW Snowflake Inc. 2.04% 101,783 $23.0M Add +0.7%
CPAY Corpay Inc. 1.99% 77,723 $22.4M Add +0.7%
ADBE Adobe Inc. 1.90% 60,586 $21.4M Add +0.3%
APG Api Group Corp. 1.89% 618,838 $21.3M Add +3.8%
ZBRA Zebra Technologies Corp. Class A 1.58% 59,952 $17.8M Add +0.8%
IEI iShares 3-7 Year Treasury Bo 1.56% 147,199 $17.6M Add +2.0%
ITW Illinois Tool Works 1.50% 64,550 $16.8M Reduce -1.6%
VGIT Vanguard Intermediate-Term T 1.49% 279,956 $16.8M Add +6.8%
SBUX Starbucks Corp. 1.38% 184,152 $15.6M Add +1.2%
VGSH Vanguard Short-Term Treasury 1.38% 263,512 $15.5M Add +19.4%
SNPS Synopsys Inc. 1.37% 31,321 $15.5M Add +285.8%
VSDM Vanguard Short Tax-Ex Bond 1.08% 158,525 $12.2M Add +67.4%
SHY iShares 1-3 Year Treasury Bo 1.06% 143,735 $11.9M Reduce -0.8%
GOOGL Alphabet Inc. Class A 0.95% 44,080 $10.7M Reduce -0.3%
ILMN Illumina Inc. 0.79% 93,439 $8.9M Add +3.4%
VTES Vanguard SH Term Tax-Ex Bond 0.69% 76,370 $7.8M Reduce -0.1%
FAST Fastenal Co. 0.60% 137,397 $6.7M No change
IGSB iShares 1-5Y Inv Grade Corp. 0.59% 126,240 $6.7M No change
PWR Quanta Services Inc. 0.57% 15,582 $6.5M New
PYPL PayPal Holdings Inc. 0.53% 88,211 $5.9M Reduce -53.8%
MUB iShares National Muni Bond E 0.52% 54,629 $5.8M Reduce -3.5%
BND Vanguard Total Bond Market 0.49% 74,817 $5.6M Reduce -0.3%
VTEB Vanguard Tax-Exempt Bond ETF 0.42% 94,925 $4.8M Reduce -11.2%
AME Ametek Inc. 0.39% 23,634 $4.4M No change
VUSB Vanguard Ultra Short Bond Et 0.35% 79,750 $4.0M Reduce -2.8%
ADP Automatic Data Processing 0.20% 7,512 $2.2M No change
FTV Fortive Corp. 0.18% 42,150 $2.1M Reduce -0.8%
AAPL Apple Inc. 0.18% 7,954 $2.0M No change
BIV Vanguard Intermediate-Term B 0.18% 25,315 $2.0M Reduce -0.4%
GVI iShares Intermediate Governm 0.17% 18,225 $2.0M No change
VBIL Vanguard 0-3M T-Bill ETF 0.17% 25,070 $1.9M Add +0.3%
VGUS Vanguard Ultra SHRT Treasury 0.15% 21,768 $1.6M Add +94.4%
VLTO Veralto Corp. 0.13% 13,896 $1.5M Reduce -3.0%
SPSB SS SPDR P St C Corp. ETF 0.13% 46,777 $1.4M Reduce -2.1%
VCRM Vanguard Core Tax-Ex Bond 0.12% 17,300 $1.3M Add +266.9%
JNJ Johnson & Johnson 0.11% 6,467 $1.2M No change
FLOT iShares Floating Rate Bond E 0.08% 17,842 $911K No change
IVV iShares Core S&P 500 ETF 0.08% 1,264 $846K No change
BRK.B Berkshire Hathaway Inc. Class B 0.07% 1,623 $816K Reduce -12.0%
SUB iShares Short-Term National 0.06% 6,750 $721K No change
ALC Alcon Inc. filed as ALCON AG 0.06% 9,054 $675K No change
AXON Axon Enterprise Inc. 0.06% 872 $626K New
RAL Ralliant Corp. 0.05% 14,144 $619K Add +0.0%
VOO Vanguard S&P 500 ETF 0.05% 976 $598K Add +6.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 1,216 $583K Reduce -0.2%
VTIP Vanguard Short-Term Tips 0.05% 10,673 $540K No change
ABBV Abbvie Inc. 0.04% 2,145 $497K No change
PEP Pepsico Inc. 0.04% 3,486 $490K No change
VTI VG Morningstar TS MKT ETF-US 0.04% 1,270 $417K Reduce -4.5%
FDS Factset Research Systems Inc. 0.03% 1,250 $358K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 1,912 $357K No change
ABT Abbott Laboratories 0.03% 2,624 $351K No change
MCD McDonald's Corp. 0.03% 1,112 $338K No change
AVGO Broadcom Inc. 0.03% 960 $317K No change
WEC WEC Energy Group Inc. 0.03% 2,586 $296K No change
HD Home Depot Inc. 0.03% 714 $289K No change
MA Mastercard Inc. Class A 0.02% 462 $263K No change
MCK McKesson Corp. 0.02% 315 $243K No change
JPM JPMorgan Chase & Co. 0.02% 751 $237K No change
V Visa Inc. Class A 0.02% 685 $234K No change
SCHX Schwab US Large-Cap ETF 0.02% 8,670 $228K No change
VB Vanguard Most SM-Cap ETF-Usd 0.02% 800 $203K New

Portfolio Sells Q2 2025 → Q3 2025
ANSS Ansys Inc. Sold out 0.00% −2.20
PYPL PayPal Holdings Inc. Reduce -53.8% 0.53% −0.77
BKNG Booking Holdings Inc. Reduce -0.1% 2.59% −0.27
WAB Wabtec Corp. Reduce -0.7% 2.65% −0.22
AMZN Amazon.com Inc. Reduce -0.3% 2.58% −0.08
VTEB Vanguard Tax-Exempt Bond ETF Reduce -11.2% 0.42% −0.06
SHY iShares 1-3 Year Treasury Bo Reduce -0.8% 1.06% −0.04
MUB iShares National Muni Bond E Reduce -3.5% 0.52% −0.02
VUSB Vanguard Ultra Short Bond Et Reduce -2.8% 0.35% −0.02
PAYX Paychex Inc. Sold out 0.00% −0.02
FTV Fortive Corp. Reduce -0.8% 0.18% −0.02
FIS Fidelity National Info Serv Sold out 0.00% −0.02
VTES Vanguard SH Term Tax-Ex Bond Reduce -0.1% 0.69% −0.01
BND Vanguard Total Bond Market Reduce -0.3% 0.49% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -12.0% 0.07% −0.01
SPSB SS SPDR P St C Corp. ETF Reduce -2.1% 0.13% −0.01
BIV Vanguard Intermediate-Term B Reduce -0.4% 0.18% −0.00
VLTO Veralto Corp. Reduce -3.0% 0.13% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -4.5% 0.04% 0.00
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.2% 0.05% +0.00
ITW Illinois Tool Works Reduce -1.6% 1.50% +0.01
MSFT Microsoft Corp. Reduce -0.3% 5.28% +0.04
SSNC Ss&c Technologies Holdings Reduce -0.0% 2.30% +0.09
GOOGL Alphabet Inc. Class A Reduce -0.3% 0.95% +0.24
IDXX Idexx Laboratories Inc. Reduce -0.3% 2.26% +0.30
PTC PTC Inc. Reduce -0.5% 3.43% +0.42
NVDA Nvidia Corp. Reduce -1.0% 6.40% +0.76
ORCL Oracle Corp. Reduce -6.0% 5.33% +0.79
GOOG Alphabet Inc. Class C Reduce -0.5% 4.46% +1.10

Portfolio Buys Q2 2025 → Q3 2025
SNPS Synopsys Inc. Add +285.8% 1.37% +0.99
PWR Quanta Services Inc. New 0.57% +0.57
VSDM Vanguard Short Tax-Ex Bond Add +67.4% 1.08% +0.42
VCSH Vanguard S/T Corp. Bond ETF Add +11.5% 4.58% +0.37
TJX TJX Companies Inc. Add +0.1% 2.66% +0.32
VGSH Vanguard Short-Term Treasury Add +19.4% 1.38% +0.19
RMD Resmed Inc. Add +0.2% 2.87% +0.09
VCRM Vanguard Core Tax-Ex Bond Add +266.9% 0.12% +0.08
VGUS Vanguard Ultra SHRT Treasury Add +94.4% 0.15% +0.07
VGIT Vanguard Intermediate-Term T Add +6.8% 1.49% +0.06
AXON Axon Enterprise Inc. New 0.06% +0.06
QCOM Qualcomm Inc. Add +0.3% 2.48% +0.04
VEEV Veeva Systems Inc. Class A Add +1.4% 2.16% +0.04
APG Api Group Corp. Add +3.8% 1.89% +0.03
VB Vanguard Most SM-Cap ETF-Usd New 0.02% +0.02
VOO Vanguard S&P 500 ETF Add +6.2% 0.05% +0.01
ILMN Illumina Inc. Add +3.4% 0.79% −0.00
VBIL Vanguard 0-3M T-Bill ETF Add +0.3% 0.17% −0.00
RAL Ralliant Corp. Add +0.0% 0.05% −0.01
IEI iShares 3-7 Year Treasury Bo Add +2.0% 1.56% −0.01
ECL Ecolab Inc. Add +0.4% 2.84% −0.03
SNOW Snowflake Inc. Add +0.7% 2.04% −0.03
DHR Danaher Corp. Add +1.3% 2.40% −0.03
ZBRA Zebra Technologies Corp. Class A Add +0.8% 1.58% −0.10
SBUX Starbucks Corp. Add +1.2% 1.38% −0.14
ADBE Adobe Inc. Add +0.3% 1.90% −0.24
SYK Stryker Corp. Add +0.1% 2.53% −0.25
ROP Roper Technologies Inc. Add +0.8% 2.10% −0.34
CPAY Corpay Inc. Add +0.7% 1.99% −0.35
TYL Tyler Technologies Inc. Add +0.0% 2.48% −0.41
NOW ServiceNow Inc. Add +0.2% 2.99% −0.44
FISV Fiserv Inc. Add +0.9% 2.74% −1.00

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