JLB & Associates Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), JLB & Associates Inc. reported 74 stock positions worth $716.9 million. Its top holding was Apple (AAPL) at 5.1% of the portfolio, followed by Mastercard Class A (MA, 4.6%) and TJX Companies (TJX, 3.9%). Compared with Q4 2024, it opened 1 new position, sold out of 4, added to 22 and reduced 48. The biggest buy was Casey's General Stores (CASY, shares +5%) and the biggest sale Oracle (ORCL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- PLYMOUTH, MI
- CIK
- 0001085227
- Portfolio Value
- $716.9M (Q1 2025)
- SEC Filing
- 0001085227-25-000003 ↗ filed Apr 17, 2025
Holdings Value
Holdings 74 stocks · $716.9M
| AAPL Apple Inc. | 5.11% | 164,828 | $36.6M | Reduce -2.0% |
| MA Mastercard Inc. Class A | 4.55% | 59,540 | $32.6M | Reduce -3.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.91% | 230,387 | $28.1M | Add +3.4% |
| AON Aon PLC | 3.77% | 67,675 | $27.0M | Reduce -0.9% |
| ORCL Oracle Corp. | 3.58% | 183,637 | $25.7M | Reduce -2.2% |
| MSFT Microsoft Corp. | 3.44% | 65,711 | $24.7M | Reduce -2.8% |
| PGR Progressive Corp. | 3.42% | 86,644 | $24.5M | Reduce -4.3% |
| APH Amphenol Corp. Class A | 3.32% | 362,319 | $23.8M | Reduce -2.9% |
| CPRT Copart Inc. | 3.30% | 417,452 | $23.6M | Reduce -4.2% |
| ORLY O'reilly Automotive Inc. | 3.06% | 15,336 | $22.0M | Reduce -4.0% |
| SEIC Sei Investments Company | 3.00% | 276,604 | $21.5M | Reduce -1.6% |
| AMGN Amgen Inc. | 2.92% | 67,186 | $20.9M | Reduce -1.1% |
| CASY Casey's General Stores Inc. | 2.72% | 44,974 | $19.5M | Add +4.5% |
| UNH Unitedhealth Group Inc. | 2.72% | 37,251 | $19.5M | Add +0.7% |
| ROL Rollins Inc. | 2.69% | 356,930 | $19.3M | Reduce -1.1% |
| GGG Graco Inc. | 2.52% | 215,911 | $18.0M | Reduce -1.6% |
| ROST Ross Stores Inc. | 2.41% | 135,281 | $17.3M | Reduce -0.2% |
| Accenture Ltd Cl A | 2.35% | 53,991 | $16.8M | Reduce -3.0% |
| PKG Packaging Corp. of America | 2.23% | 80,858 | $16.0M | Reduce -1.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.12% | 219,239 | $15.2M | Add +2.3% |
| NOC Northrop Grumman Corp. | 2.12% | 29,700 | $15.2M | Add +2.1% |
| MRSH Marsh & McLennan Cos | 2.07% | 60,869 | $14.9M | Reduce -4.5% |
| KLAC KLA Corp. | 2.05% | 21,647 | $14.7M | Reduce -0.3% |
| EXPD Expeditors Intl Wash Inc. | 1.93% | 115,108 | $13.8M | Add +0.1% |
| SHW The Sherwin-Williams Co. | 1.83% | 37,469 | $13.1M | Reduce -1.5% |
| TTC Toro Co. | 1.81% | 178,160 | $13.0M | Reduce -1.0% |
| AME Ametek Inc. | 1.56% | 65,024 | $11.2M | Reduce -2.5% |
| PEP Pepsico Inc. | 1.51% | 72,166 | $10.8M | Add +0.2% |
| HSY The Hershey Co. | 1.48% | 62,192 | $10.6M | Reduce -1.2% |
| SYK Stryker Corp. | 1.45% | 27,925 | $10.4M | Reduce -3.4% |
| LLY Eli Lilly & Co. | 1.32% | 11,420 | $9.4M | Reduce -9.7% |
| ABBV Abbvie Inc. | 1.28% | 43,807 | $9.2M | Reduce -1.0% |
| CNI Canadian Natl Railway Co. | 1.10% | 80,721 | $7.9M | Reduce 0.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.93% | 40,321 | $6.7M | Add +0.2% |
| V Visa Inc. Class A | 0.78% | 15,998 | $5.6M | Add +11.6% |
| PRI Primerica Inc. | 0.76% | 19,162 | $5.5M | Reduce -3.0% |
| HSIC Henry Schein Inc. | 0.75% | 78,122 | $5.4M | Reduce -0.0% |
| FDS Factset Research Systems Inc. | 0.71% | 11,236 | $5.1M | Reduce -1.3% |
| PCAR Paccar Inc. | 0.71% | 52,328 | $5.1M | Add +32.2% |
| AXP American Express Co. | 0.70% | 18,618 | $5.0M | Reduce -2.6% |
| CP Canadian Pac Railway | 0.67% | 40,311 | $4.8M | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 0.64% | 29,191 | $4.6M | Add +21.0% |
| CTSH Cognizant Tech Solutions-A | 0.60% | 55,982 | $4.3M | Reduce -5.2% |
| ALLE Allegion PLC | 0.56% | 30,990 | $4.0M | Add +1.1% |
| NKE Nike Inc. Class B | 0.54% | 60,949 | $3.9M | Reduce -3.9% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.51% | 39,911 | $3.7M | Add +27.9% |
| LOW Lowe's Cos Inc. | 0.49% | 15,116 | $3.5M | Add +5.6% |
| MOH Molina Healthcare Inc. | 0.49% | 10,626 | $3.5M | Add +0.3% |
| CBRE CBRE Group Inc. Class A | 0.48% | 26,065 | $3.4M | Reduce -2.4% |
| A Agilent Technologies Inc. | 0.48% | 29,112 | $3.4M | Add +14.7% |
| SCI Service Corp. Intl | 0.43% | 38,274 | $3.1M | Add +0.1% |
| SLGN Silgan Holdings Inc. | 0.42% | 58,483 | $3.0M | Reduce -1.7% |
| TNET Trinet Group Inc. | 0.39% | 34,910 | $2.8M | Reduce -0.2% |
| CSCO Cisco Systems Inc. | 0.30% | 34,838 | $2.1M | Add +1.4% |
| META Meta Platforms Inc. Class A | 0.30% | 3,721 | $2.1M | Add +83.8% |
| KMB Kimberly-Clark Corp. | 0.29% | 14,831 | $2.1M | Reduce -0.8% |
| MTD Mettler-Toledo International | 0.27% | 1,614 | $1.9M | Reduce -1.0% |
| G Genpact Ltd. | 0.26% | 36,836 | $1.9M | Reduce -31.1% |
| MKC McCormick & Co.-Non VTG SHRS | 0.24% | 20,988 | $1.7M | Reduce -56.2% |
| DEO Diageo PLC-Sponsored ADR | 0.22% | 15,304 | $1.6M | Reduce -9.8% |
| AVGO Broadcom Inc. | 0.21% | 8,839 | $1.5M | Add +11.9% |
| UPS United Parcel Service Class B | 0.20% | 13,011 | $1.4M | Reduce -18.2% |
| TGT Target Corp. | 0.15% | 10,634 | $1.1M | Reduce -0.4% |
| EXP Eagle Materials Inc. | 0.13% | 4,272 | $948K | New |
| CP Canadian Pacific Kansas City | 0.12% | 11,985 | $841K | Reduce -31.8% |
| CDNS Cadence Design SYS Inc. | 0.10% | 2,893 | $736K | No change |
| UFPI Ufp Industries Inc. | 0.10% | 6,625 | $709K | Add +1.1% |
| RHI Robert Half Inc. | 0.08% | 10,053 | $548K | Reduce -77.4% |
| EVTC Evertec Inc. | 0.08% | 14,673 | $540K | Reduce -9.2% |
| Seagate Technology | 0.07% | 5,942 | $505K | Reduce -3.9% |
| MMS Maximus Inc. | 0.07% | 7,143 | $487K | Reduce -3.2% |
| GNTX Gentex Corp. | 0.07% | 20,155 | $470K | Reduce -5.8% |
| CHDN Churchill Downs Inc. | 0.04% | 2,762 | $307K | No change |
| NVDA Nvidia Corp. | 0.03% | 1,917 | $208K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $210K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PRUDENTIAL FINANCIAL INC (PRU 5.625 08/15/58) | PFD | 9,042 | $210K | No change |
Total filed on the 13F, all lines: $717.1M.
Portfolio Sells Q4 2024 → Q1 2025
| ORCL Oracle Corp. | Reduce -2.2% | 3.58% | −0.67 |
| AAPL Apple Inc. | Reduce -2.0% | 5.11% | −0.61 |
| MSFT Microsoft Corp. | Reduce -2.8% | 3.44% | −0.43 |
| ROST Ross Stores Inc. | Reduce -0.2% | 2.41% | −0.37 |
| RHI Robert Half Inc. | Reduce -77.4% | 0.08% | −0.35 |
| Accenture Ltd Cl A | Reduce -3.0% | 2.35% | −0.31 |
| PKG Packaging Corp. of America | Reduce -1.7% | 2.23% | −0.28 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -56.2% | 0.24% | −0.26 |
| APH Amphenol Corp. Class A | Reduce -2.9% | 3.32% | −0.20 |
| SEIC Sei Investments Company | Reduce -1.6% | 3.00% | −0.15 |
| TTC Toro Co. | Reduce -1.0% | 1.81% | −0.15 |
| ICLR Icon PLC | Sold out | 0.00% | −0.12 |
| NKE Nike Inc. Class B | Reduce -3.9% | 0.54% | −0.11 |
| PII Polaris Inc. | Sold out | 0.00% | −0.10 |
| CPRT Copart Inc. | Reduce -4.2% | 3.30% | −0.10 |
| UPS United Parcel Service Class B | Reduce -18.2% | 0.20% | −0.07 |
| AXP American Express Co. | Reduce -2.6% | 0.70% | −0.07 |
| AME Ametek Inc. | Reduce -2.5% | 1.56% | −0.07 |
| DEO Diageo PLC-Sponsored ADR | Reduce -9.8% | 0.22% | −0.07 |
| CP Canadian Pacific Kansas City | Reduce -31.8% | 0.12% | −0.06 |
| G Genpact Ltd. | Reduce -31.1% | 0.26% | −0.05 |
| TNET Trinet Group Inc. | Reduce -0.2% | 0.39% | −0.05 |
| TGT Target Corp. | Reduce -0.4% | 0.15% | −0.04 |
| CACC Credit Acceptance Corp. | Sold out | 0.00% | −0.04 |
| BKE The Buckle Inc. | Sold out | 0.00% | −0.03 |
| FDS Factset Research Systems Inc. | Reduce -1.3% | 0.71% | −0.03 |
| CTSH Cognizant Tech Solutions-A | Reduce -5.2% | 0.60% | −0.02 |
| GNTX Gentex Corp. | Reduce -5.8% | 0.07% | −0.02 |
| CNI Canadian Natl Railway Co. | Reduce 0.0% | 1.10% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -9.7% | 1.32% | −0.01 |
| MMS Maximus Inc. | Reduce -3.2% | 0.07% | −0.01 |
| MTD Mettler-Toledo International | Reduce -1.0% | 0.27% | −0.01 |
| SLGN Silgan Holdings Inc. | Reduce -1.7% | 0.42% | −0.00 |
| Seagate Technology | Reduce -3.9% | 0.07% | −0.00 |
| EVTC Evertec Inc. | Reduce -9.2% | 0.08% | −0.00 |
| CBRE CBRE Group Inc. Class A | Reduce -2.4% | 0.48% | −0.00 |
| GGG Graco Inc. | Reduce -1.6% | 2.52% | +0.00 |
| HSIC Henry Schein Inc. | Reduce -0.0% | 0.75% | +0.01 |
| KMB Kimberly-Clark Corp. | Reduce -0.8% | 0.29% | +0.03 |
| PRI Primerica Inc. | Reduce -3.0% | 0.76% | +0.03 |
| HSY The Hershey Co. | Reduce -1.2% | 1.48% | +0.04 |
| SYK Stryker Corp. | Reduce -3.4% | 1.45% | +0.04 |
| SHW The Sherwin-Williams Co. | Reduce -1.5% | 1.83% | +0.07 |
| MA Mastercard Inc. Class A | Reduce -3.8% | 4.55% | +0.13 |
| KLAC KLA Corp. | Reduce -0.3% | 2.05% | +0.20 |
| ABBV Abbvie Inc. | Reduce -1.0% | 1.28% | +0.21 |
| MRSH Marsh & McLennan Cos | Reduce -4.5% | 2.07% | +0.23 |
| ROL Rollins Inc. | Reduce -1.1% | 2.69% | +0.42 |
| AON Aon PLC | Reduce -0.9% | 3.77% | +0.44 |
| PGR Progressive Corp. | Reduce -4.3% | 3.42% | +0.47 |
Portfolio Buys Q4 2024 → Q1 2025
| CASY Casey's General Stores Inc. | Add +4.5% | 2.72% | +0.41 |
| NOC Northrop Grumman Corp. | Add +2.1% | 2.12% | +0.27 |
| TJX TJX Companies Inc. | Add +3.4% | 3.91% | +0.26 |
| EXPD Expeditors Intl Wash Inc. | Add +0.1% | 1.93% | +0.20 |
| UNH Unitedhealth Group Inc. | Add +0.7% | 2.72% | +0.18 |
| V Visa Inc. Class A | Add +11.6% | 0.78% | +0.17 |
| PCAR Paccar Inc. | Add +32.2% | 0.71% | +0.15 |
| META Meta Platforms Inc. Class A | Add +83.8% | 0.30% | +0.14 |
| EXP Eagle Materials Inc. | New | 0.13% | +0.13 |
| MOH Molina Healthcare Inc. | Add +0.3% | 0.49% | +0.07 |
| CP Canadian Pac Railway | Add +0.6% | 0.67% | +0.03 |
| TROW T Rowe Price Group Inc. | Add +27.9% | 0.51% | +0.03 |
| CSCO Cisco Systems Inc. | Add +1.4% | 0.30% | +0.02 |
| PEP Pepsico Inc. | Add +0.2% | 1.51% | +0.02 |
| ALLE Allegion PLC | Add +1.1% | 0.56% | +0.02 |
| SCI Service Corp. Intl | Add +0.1% | 0.43% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +21.0% | 0.64% | +0.01 |
| A Agilent Technologies Inc. | Add +14.7% | 0.48% | +0.01 |
| LOW Lowe's Cos Inc. | Add +5.6% | 0.49% | +0.01 |
| UFPI Ufp Industries Inc. | Add +1.1% | 0.10% | −0.00 |
| AVGO Broadcom Inc. | Add +11.9% | 0.21% | −0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 0.93% | −0.15 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +2.3% | 2.12% | −0.38 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 68 | $748.3M | KLAC, APH, CASY, AAPL, TJX |
| Q1 2026 | 70 | $696.4M | CASY, AAPL, TJX, APH, MA |
| Q4 2025 | 71 | $741.3M | APH, AAPL, TJX, MA, ORCL |
| Q3 2025 | 74 | $760.4M | ORCL, APH, AAPL, TJX, MA |
| Q2 2025 | 75 | $717.1M | ORCL, APH, MA, MSFT, AAPL |
| Q1 2025 | 74 | $716.9M | AAPL, MA, TJX, AON, ORCL |
| Q4 2024 | 77 | $736.4M | AAPL, MA, ORCL, MSFT, TJX |
| Q3 2024 | 79 | $777.0M | AAPL, ORCL, MA, MSFT, TJX |
| Q2 2024 | 80 | $740.5M | AAPL, NVO, MSFT, MA, ORCL |
| Q1 2024 | 78 | $751.7M | MA, AAPL, MSFT, NVO, CPRT |