Harfst & Associates, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 1, 2024), Harfst & Associates, Inc. reported 104 stock positions worth $429.0 million. Its top holding was Raymond James Financial (RJF) at 32.5% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 14.3%) and Invesco QQQ Trust Series 1 (QQQ, 6.3%). Compared with Q1 2024, it opened 1 new position, sold out of 2, added to 31 and reduced 49. The biggest buy was Vanguard Industrials ETF (VIS, shares +727%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −16%).

Most Recent 13F
Q2 2026
Location
Sheridan, WY
CIK
0001649147
Portfolio Value
$429.0M (Q2 2024)
SEC Filing
0001172661-24-003012 ↗ filed Aug 1, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $421.2M Q1 2024 Q2 2024: $429.0M $429.0M Q2 2024 Q3 2024: $445.2M Q3 2024 Q4 2024: $480.0M Q4 2024 Q1 2025: $432.7M Q1 2025 Q2 2025: $484.9M Q2 2025 Q3 2025: $542.2M Q3 2025 Q4 2025: $554.6M Q4 2025 Q1 2026: $560.2M Q1 2026 Q2 2026: $643.4M Q2 2026

Holdings 104 stocks · $429.0M
RJF Raymond James Financial Inc. 32.48% 1,127,448 $139.4M Add +0.0%
IVV iShares Core S&P 500 ETF 14.34% 112,465 $61.5M Add +5.2%
QQQ Invesco QQQ Trust Series 1 6.31% 56,534 $27.1M Reduce -15.6%
PG The Procter & Gamble Co. 3.57% 92,873 $15.3M Add +0.1%
VIS Vanguard Industrials ETF 3.28% 59,831 $14.1M Add +727.2%
VTI VG Morningstar TS MKT ETF-US 1.86% 29,900 $8.0M Reduce -1.6%
AAPL Apple Inc. 1.86% 37,813 $8.0M Reduce -2.3%
NVDA Nvidia Corp. 1.83% 63,497 $7.8M Reduce -3.1%
MSFT Microsoft Corp. 1.41% 13,518 $6.0M Reduce -0.9%
BARNES GROUP INC 1.28% 132,529 $5.5M Reduce -2.9%
BRK.B Berkshire Hathaway Inc. Class B 1.03% 10,881 $4.4M Reduce -8.5%
GOOGL Alphabet Inc. Class A 0.99% 23,394 $4.3M Reduce -0.8%
COST Costco Wholesale Corp. 0.98% 4,933 $4.2M Reduce -3.0%
ADBE Adobe Inc. 0.98% 7,539 $4.2M Reduce -1.3%
AMAT Applied Materials Inc. 0.94% 17,063 $4.0M Reduce -1.0%
AMZN Amazon.com Inc. 0.89% 19,818 $3.8M Reduce -2.4%
SCHW Schwab (charles) Corp. 0.77% 44,728 $3.3M Reduce -1.8%
INTU Intuit Inc. 0.69% 4,487 $2.9M Reduce -0.2%
TXN Texas Instruments Inc. 0.67% 14,859 $2.9M Reduce -0.6%
AMD Advanced Micro Devices 0.66% 17,326 $2.8M Add +1.0%
EXPD Expeditors Intl Wash Inc. 0.63% 21,761 $2.7M Reduce -1.9%
V Visa Inc. Class A 0.63% 10,343 $2.7M Add +1.5%
UNH Unitedhealth Group Inc. 0.61% 5,122 $2.6M Add +0.2%
UFPI Ufp Industries Inc. 0.60% 22,848 $2.6M Add +2.8%
ADI Analog Devices Inc. 0.59% 11,045 $2.5M Reduce -3.0%
SSD Simpson Manufacturing Co. Inc. 0.58% 14,710 $2.5M Add +1.4%
XOM Exxon Mobil Corp. 0.58% 21,478 $2.5M Add +0.8%
ELV Elevance Health Inc. 0.57% 4,553 $2.5M Reduce -3.0%
AOS Smith (a.o.) Corp. 0.55% 29,010 $2.4M Add +0.0%
BLK BlackRock Finance Inc. 0.55% 2,998 $2.4M Reduce -0.5%
RMD Resmed Inc. 0.55% 12,287 $2.4M Reduce -0.3%
CMI Cummins Inc. 0.55% 8,453 $2.3M Add +1.9%
NTRS Northern Trust Corp. 0.55% 27,859 $2.3M Add +1.4%
WST West Pharmaceutical Services 0.53% 6,933 $2.3M Add +1.6%
FAST Fastenal Co. 0.53% 35,933 $2.3M Reduce -0.1%
GNTX Gentex Corp. 0.52% 66,692 $2.2M Add +0.7%
VOO Vanguard S&P 500 ETF 0.50% 4,299 $2.2M Reduce -0.7%
ABT Abbott Laboratories 0.47% 19,217 $2.0M Add +2.3%
MPWR Monolithic Power Systems Inc. 0.46% 2,383 $2.0M Add +0.0%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.45% 2,134 $1.9M Add +0.7%
CVX Chevron Corp. 0.45% 12,305 $1.9M Add +0.7%
JNJ Johnson & Johnson 0.44% 12,936 $1.9M Add +2.5%
EOG EOG Resources Inc. 0.43% 14,765 $1.9M Add +1.9%
LAD Lithia Motors Inc. 0.42% 7,060 $1.8M Reduce -28.0%
NKE Nike Inc. Class B 0.41% 23,339 $1.8M Reduce -0.8%
LRCX Lam Research Corp. 0.41% 1,650 $1.8M Add +1.4%
NOW ServiceNow Inc. 0.39% 2,130 $1.7M Add +1.6%
AIT Applied Industrial Tech Inc. 0.36% 8,041 $1.6M Add +3.7%
AMP Ameriprise Financial Inc. 0.36% 3,595 $1.5M Add +5.7%
PGR Progressive Corp. 0.35% 7,301 $1.5M Reduce -2.5%
ENSG The Ensign Group Inc. 0.35% 12,221 $1.5M Add +0.7%
META Meta Platforms Inc. Class A 0.35% 2,978 $1.5M Reduce -0.4%
CI The Cigna Group 0.35% 4,506 $1.5M Add +3.8%
TRV The Travelers Cos Inc. 0.33% 7,008 $1.4M Add +2.8%
CRM Salesforce Inc. 0.33% 5,540 $1.4M Add +3.8%
GGG Graco Inc. 0.31% 16,891 $1.3M Add +3.4%
ODFL Old Dominion Freight Line 0.31% 7,577 $1.3M Add +4.5%
QCOM Qualcomm Inc. 0.29% 6,193 $1.2M Reduce -8.5%
SPLV Invesco S&P 500 Low Volatili 0.29% 18,866 $1.2M Reduce -2.0%
ICE Intercontinental Exchange Inc. 0.24% 7,635 $1.0M Reduce -3.1%
CAT Caterpillar Inc. 0.23% 2,941 $980K No change
MET Metlife Inc. 0.22% 13,436 $943K Reduce -10.2%
TSLA Tesla Inc. 0.21% 4,634 $917K Reduce -1.6%
VXF Vanguard Extended Market ETF 0.21% 5,283 $892K Reduce -65.0%
CSCO Cisco Systems Inc. 0.20% 17,998 $855K Reduce -11.0%
DSI iShares ESG MSCI KLD 400 ETF 0.19% 8,003 $831K Reduce -4.8%
IWF iShares Russell 1000 Growth 0.19% 2,210 $806K No change
APD Air Products & Chemicals Inc. 0.19% 3,104 $801K Reduce -11.6%
MRK Merck & Co. Inc. 0.18% 6,245 $773K Reduce -6.9%
HON Honeywell International Inc. 0.18% 3,610 $771K Reduce -9.2%
SCHM Schwab US Mid Cap ETF 0.16% 8,603 $670K Reduce -2.8%
ACN Accenture PLC Class A 0.15% 2,139 $649K Reduce -7.1%
MDT Medtronic PLC 0.14% 7,361 $579K Reduce -8.0%
CPRT Copart Inc. 0.13% 10,366 $561K No change
COLM Columbia Sportswear Co. 0.13% 6,985 $552K Reduce -8.9%
LFUS Littelfuse Inc. 0.13% 2,158 $552K Reduce -9.8%
DLB Dolby Laboratories Inc. Class A 0.12% 6,694 $530K Reduce -10.5%
LOW Lowe's Cos Inc. 0.12% 2,395 $528K No change
ETN Eaton Corp. PLC 0.12% 1,581 $496K No change
VRTX Vertex Pharmaceuticals Inc. 0.11% 1,022 $479K No change
ABBV Abbvie Inc. 0.11% 2,681 $460K No change
CB Chubb Ltd. 0.10% 1,662 $424K Reduce -5.1%
DE Deere & Co. 0.09% 1,070 $400K No change
MA Mastercard Inc. Class A 0.09% 892 $394K Reduce -10.1%
PPG PPG Industries Inc. 0.09% 3,090 $389K Reduce -4.6%
SDY SS SPDR S&P Dividend ETF 0.09% 3,025 $385K Reduce -0.5%
PH Parker Hannifin Corp. 0.08% 647 $327K No change
FDX FedEx Corp. 0.08% 1,078 $323K Reduce -0.5%
ROK Rockwell Automation Inc. 0.07% 1,144 $315K No change
ONEQ Fidelity Nasdaq Comp Indx 0.07% 4,455 $312K No change
PEP Pepsico Inc. 0.07% 1,840 $303K No change
ECL Ecolab Inc. 0.07% 1,235 $294K No change
AN Autonation Inc. 0.07% 1,795 $286K No change
GOOG Alphabet Inc. Class C 0.07% 1,520 $279K No change
MU Micron Technology Inc. 0.06% 2,111 $278K No change
ZTS Zoetis Inc. 0.06% 1,533 $266K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 482 $262K Reduce -3.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.06% 1,600 $257K No change
SUSA iShares ESG Optimized MSCI U 0.06% 2,266 $255K No change
TCAF T Rowe PRC Cap Appreciation 0.06% 7,873 $247K New
MELI MercadoLibre Inc. 0.06% 150 $247K No change
NSC Norfolk Southern Corp. 0.06% 1,133 $243K No change
AMGN Amgen Inc. 0.05% 705 $220K No change
WSM Williams-Sonoma Inc. 0.05% 712 $201K No change

Portfolio Sells Q1 2024 → Q2 2024
QQQ Invesco QQQ Trust Series 1 Reduce -15.6% 6.31% −0.75
VXF Vanguard Extended Market ETF Reduce -65.0% 0.21% −0.42
LAD Lithia Motors Inc. Reduce -28.0% 0.42% −0.28
BRK.B Berkshire Hathaway Inc. Class B Reduce -8.5% 1.03% −0.16
FAST Fastenal Co. Reduce -0.1% 0.53% −0.13
NKE Nike Inc. Class B Reduce -0.8% 0.41% −0.11
ITW Illinois Tool Works Sold out 0.00% −0.06
CVS CVS Health Corp. Sold out 0.00% −0.05
BLK BlackRock Finance Inc. Reduce -0.5% 0.55% −0.05
MET Metlife Inc. Reduce -10.2% 0.22% −0.04
CSCO Cisco Systems Inc. Reduce -11.0% 0.20% −0.04
ACN Accenture PLC Class A Reduce -7.1% 0.15% −0.04
RMD Resmed Inc. Reduce -0.3% 0.55% −0.03
MDT Medtronic PLC Reduce -8.0% 0.14% −0.03
MRK Merck & Co. Inc. Reduce -6.9% 0.18% −0.03
DLB Dolby Laboratories Inc. Class A Reduce -10.5% 0.12% −0.03
MA Mastercard Inc. Class A Reduce -10.1% 0.09% −0.02
PPG PPG Industries Inc. Reduce -4.6% 0.09% −0.02
COLM Columbia Sportswear Co. Reduce -8.9% 0.13% −0.02
SPLV Invesco S&P 500 Low Volatili Reduce -2.0% 0.29% −0.02
APD Air Products & Chemicals Inc. Reduce -11.6% 0.19% −0.02
SCHM Schwab US Mid Cap ETF Reduce -2.8% 0.16% −0.02
PGR Progressive Corp. Reduce -2.5% 0.35% −0.01
HON Honeywell International Inc. Reduce -9.2% 0.18% −0.01
SCHW Schwab (charles) Corp. Reduce -1.8% 0.77% −0.01
ICE Intercontinental Exchange Inc. Reduce -3.1% 0.24% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -1.6% 1.86% −0.01
LFUS Littelfuse Inc. Reduce -9.8% 0.13% −0.01
CB Chubb Ltd. Reduce -5.1% 0.10% −0.01
DSI iShares ESG MSCI KLD 400 ETF Reduce -4.8% 0.19% −0.01
EXPD Expeditors Intl Wash Inc. Reduce -1.9% 0.63% −0.01
INTU Intuit Inc. Reduce -0.2% 0.69% −0.01
SDY SS SPDR S&P Dividend ETF Reduce -0.5% 0.09% −0.01
ELV Elevance Health Inc. Reduce -3.0% 0.57% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.6% 0.06% −0.00
FDX FedEx Corp. Reduce -0.5% 0.08% +0.00
META Meta Platforms Inc. Class A Reduce -0.4% 0.35% +0.01
VOO Vanguard S&P 500 ETF Reduce -0.7% 0.50% +0.01
QCOM Qualcomm Inc. Reduce -8.5% 0.29% +0.02
TSLA Tesla Inc. Reduce -1.6% 0.21% +0.02
AMZN Amazon.com Inc. Reduce -2.4% 0.89% +0.02
MSFT Microsoft Corp. Reduce -0.9% 1.41% +0.05
ADI Analog Devices Inc. Reduce -3.0% 0.59% +0.05
TXN Texas Instruments Inc. Reduce -0.6% 0.67% +0.06
ADBE Adobe Inc. Reduce -1.3% 0.98% +0.06
BARNES GROUP INC Reduce -2.9% 1.28% +0.08
COST Costco Wholesale Corp. Reduce -3.0% 0.98% +0.09
AMAT Applied Materials Inc. Reduce -1.0% 0.94% +0.09
GOOGL Alphabet Inc. Class A Reduce -0.8% 0.99% +0.15
AAPL Apple Inc. Reduce -2.3% 1.86% +0.28

Portfolio Buys Q1 2024 → Q2 2024
VIS Vanguard Industrials ETF Add +727.2% 3.28% +2.86
IVV iShares Core S&P 500 ETF Add +5.2% 14.34% +1.00
MPWR Monolithic Power Systems Inc. Add +0.0% 0.46% +0.07
TCAF T Rowe PRC Cap Appreciation New 0.06% +0.06
LRCX Lam Research Corp. Add +1.4% 0.41% +0.03
NOW ServiceNow Inc. Add +1.6% 0.39% +0.01
UNH Unitedhealth Group Inc. Add +0.2% 0.61% +0.01
AMP Ameriprise Financial Inc. Add +5.7% 0.36% +0.00
AIT Applied Industrial Tech Inc. Add +3.7% 0.36% −0.00
PG The Procter & Gamble Co. Add +0.1% 3.57% −0.00
ENSG The Ensign Group Inc. Add +0.7% 0.35% −0.01
EOG EOG Resources Inc. Add +1.9% 0.43% −0.01
CVX Chevron Corp. Add +0.7% 0.45% −0.01
XOM Exxon Mobil Corp. Add +0.8% 0.58% −0.01
CI The Cigna Group Add +3.8% 0.35% −0.03
JNJ Johnson & Johnson Add +2.5% 0.44% −0.03
NTRS Northern Trust Corp. Add +1.4% 0.55% −0.03
CMI Cummins Inc. Add +1.9% 0.55% −0.03
TRV The Travelers Cos Inc. Add +2.8% 0.33% −0.04
ABT Abbott Laboratories Add +2.3% 0.47% −0.04
V Visa Inc. Class A Add +1.5% 0.63% −0.04
GNTX Gentex Corp. Add +0.7% 0.52% −0.04
CRM Salesforce Inc. Add +3.8% 0.33% −0.05
GGG Graco Inc. Add +3.4% 0.31% −0.05
UFPI Ufp Industries Inc. Add +2.8% 0.60% −0.05
AOS Smith (a.o.) Corp. Add +0.0% 0.55% −0.06
GWW WW Grainger Inc. Add +0.7% 0.45% −0.06
ODFL Old Dominion Freight Line Add +4.5% 0.31% −0.07
AMD Advanced Micro Devices Add +1.0% 0.66% −0.08
WST West Pharmaceutical Services Add +1.6% 0.53% −0.11
SSD Simpson Manufacturing Co. Inc. Add +1.4% 0.58% −0.13
RJF Raymond James Financial Inc. Add +0.0% 32.48% −1.89

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 124$643.4MRJF, IVV, QQQ, VIS, TBUX
Q1 2026 121$560.2MRJF, IVV, QQQ, VIS, TBUX
Q4 2025 111$554.6MRJF, IVV, QQQ, VIS, TCAF
Q3 2025 112$542.2MRJF, IVV, QQQ, VIS, PG
Q2 2025 98$484.9MRJF, IVV, QQQ, VIS, PG
Q1 2025 116$432.7MRJF, IVV, QQQ, VIS, PG
Q4 2024 93$480.0MRJF, IVV, QQQ, VIS, PG
Q3 2024 95$445.2MRJF, IVV, QQQ, PG, VIS
Q2 2024 104$429.0MRJF, IVV, QQQ, PG, VIS
Q1 2024Amended 105$421.2MRJF, IVV, QQQ, PG, VTI