JLB & Associates Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), JLB & Associates Inc. reported 75 stock positions worth $717.1 million. Its top holding was Oracle (ORCL) at 5.4% of the portfolio, followed by Amphenol Class A (APH, 4.5%) and Mastercard Class A (MA, 4.5%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 15 and reduced 56. The biggest buy was Casey's General Stores (CASY, shares +4%) and the biggest sale Unitedhealth (UNH, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- PLYMOUTH, MI
- CIK
- 0001085227
- Portfolio Value
- $717.1M (Q2 2025)
- SEC Filing
- 0001085227-25-000005 ↗ filed Jul 17, 2025
Holdings Value
Holdings 75 stocks · $717.1M
| ORCL Oracle Corp. | 5.37% | 176,016 | $38.5M | Reduce -4.2% |
| APH Amphenol Corp. Class A | 4.54% | 329,890 | $32.6M | Reduce -8.9% |
| MA Mastercard Inc. Class A | 4.48% | 57,226 | $32.2M | Reduce -3.9% |
| MSFT Microsoft Corp. | 4.24% | 61,137 | $30.4M | Reduce -7.0% |
| AAPL Apple Inc. | 4.22% | 147,370 | $30.2M | Reduce -10.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.93% | 228,180 | $28.2M | Reduce -1.0% |
| SEIC Sei Investments Company | 3.36% | 268,261 | $24.1M | Reduce -3.0% |
| AON Aon PLC | 3.33% | 66,968 | $23.9M | Reduce -1.0% |
| CASY Casey's General Stores Inc. | 3.33% | 46,797 | $23.9M | Add +4.0% |
| PGR Progressive Corp. | 3.06% | 82,162 | $21.9M | Reduce -5.2% |
| ORLY O'reilly Automotive Inc. | 2.91% | 231,699 | $20.9M | Add +0.7% |
| ROL Rollins Inc. | 2.74% | 348,872 | $19.7M | Reduce -2.3% |
| CPRT Copart Inc. | 2.71% | 396,145 | $19.4M | Reduce -5.1% |
| KLAC KLA Corp. | 2.66% | 21,266 | $19.0M | Reduce -1.8% |
| AMGN Amgen Inc. | 2.58% | 66,355 | $18.5M | Reduce -1.2% |
| GGG Graco Inc. | 2.50% | 208,929 | $18.0M | Reduce -3.2% |
| ROST Ross Stores Inc. | 2.37% | 132,980 | $17.0M | Reduce -1.7% |
| Accenture Ltd Cl A | 2.19% | 52,434 | $15.7M | Reduce -2.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.10% | 218,198 | $15.1M | Reduce -0.5% |
| NOC Northrop Grumman Corp. | 2.08% | 29,837 | $14.9M | Add +0.5% |
| PKG Packaging Corp. of America | 2.07% | 78,843 | $14.9M | Reduce -2.5% |
| SHW The Sherwin-Williams Co. | 1.83% | 38,323 | $13.2M | Add +2.3% |
| EXPD Expeditors Intl Wash Inc. | 1.81% | 113,481 | $13.0M | Reduce -1.4% |
| MRSH Marsh & McLennan Cos | 1.73% | 56,868 | $12.4M | Reduce -6.6% |
| TTC Toro Co. | 1.72% | 174,284 | $12.3M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 1.61% | 37,124 | $11.6M | Reduce -0.3% |
| AME Ametek Inc. | 1.54% | 61,106 | $11.1M | Reduce -6.0% |
| SYK Stryker Corp. | 1.48% | 26,855 | $10.6M | Reduce -3.8% |
| HSY The Hershey Co. | 1.41% | 60,891 | $10.1M | Reduce -2.1% |
| PEP Pepsico Inc. | 1.28% | 69,297 | $9.1M | Reduce -4.0% |
| LLY Eli Lilly & Co. | 1.17% | 10,796 | $8.4M | Reduce -5.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.16% | 36,754 | $8.3M | Reduce -8.8% |
| CNI Canadian Natl Railway Co. | 1.14% | 78,598 | $8.2M | Reduce -2.6% |
| ABBV Abbvie Inc. | 1.10% | 42,353 | $7.9M | Reduce -3.3% |
| AXP American Express Co. | 0.85% | 19,083 | $6.1M | Add +2.5% |
| V Visa Inc. Class A | 0.80% | 16,079 | $5.7M | Add +0.5% |
| HSIC Henry Schein Inc. | 0.77% | 75,896 | $5.5M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 0.72% | 29,170 | $5.2M | Reduce -0.1% |
| PRI Primerica Inc. | 0.70% | 18,456 | $5.1M | Reduce -3.7% |
| FDS Factset Research Systems Inc. | 0.67% | 10,751 | $4.8M | Reduce -4.3% |
| CP Canadian Pac Railway | 0.67% | 39,476 | $4.8M | Reduce -2.1% |
| ALLE Allegion PLC | 0.66% | 32,830 | $4.7M | Add +5.9% |
| PCAR Paccar Inc. | 0.65% | 48,921 | $4.7M | Reduce -6.5% |
| CTSH Cognizant Tech Solutions-A | 0.58% | 53,212 | $4.2M | Reduce -5.0% |
| LOW Lowe's Cos Inc. | 0.50% | 16,106 | $3.6M | Add +6.5% |
| META Meta Platforms Inc. Class A | 0.49% | 4,766 | $3.5M | Add +28.1% |
| CBRE CBRE Group Inc. Class A | 0.49% | 25,015 | $3.5M | Reduce -4.0% |
| A Agilent Technologies Inc. | 0.49% | 29,652 | $3.5M | Add +1.9% |
| SCI Service Corp. Intl | 0.44% | 38,600 | $3.1M | Add +0.8% |
| SLGN Silgan Holdings Inc. | 0.43% | 57,378 | $3.1M | Reduce -1.9% |
| MOH Molina Healthcare Inc. | 0.43% | 10,368 | $3.1M | Reduce -2.4% |
| NKE Nike Inc. Class B | 0.43% | 42,939 | $3.1M | Reduce -29.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.40% | 29,446 | $2.8M | Reduce -26.2% |
| CSCO Cisco Systems Inc. | 0.34% | 35,205 | $2.4M | Add +1.1% |
| AVGO Broadcom Inc. | 0.33% | 8,652 | $2.4M | Reduce -2.1% |
| TNET Trinet Group Inc. | 0.33% | 32,053 | $2.3M | Reduce -8.2% |
| KMB Kimberly-Clark Corp. | 0.27% | 14,831 | $1.9M | No change |
| MTD Mettler-Toledo International | 0.25% | 1,514 | $1.8M | Reduce -6.2% |
| G Genpact Ltd. | 0.23% | 37,354 | $1.6M | Add +1.4% |
| MKC McCormick & Co.-Non VTG SHRS | 0.18% | 17,279 | $1.3M | Reduce -17.7% |
| EXP Eagle Materials Inc. | 0.17% | 6,100 | $1.2M | Add +42.8% |
| DEO Diageo PLC-Sponsored ADR | 0.12% | 8,476 | $855K | Reduce -44.6% |
| Seagate Technology | 0.12% | 5,855 | $845K | Reduce -1.5% |
| UPS United Parcel Service Class B | 0.12% | 8,195 | $827K | Reduce -37.0% |
| CDNS Cadence Design SYS Inc. | 0.09% | 2,107 | $649K | Reduce -27.2% |
| UFPI Ufp Industries Inc. | 0.08% | 5,843 | $581K | Reduce -11.8% |
| EVTC Evertec Inc. | 0.07% | 13,922 | $502K | Reduce -5.1% |
| TGT Target Corp. | 0.07% | 4,906 | $484K | Reduce -53.9% |
| MMS Maximus Inc. | 0.06% | 6,609 | $464K | Reduce -7.5% |
| CP Canadian Pacific Kansas City | 0.06% | 5,749 | $456K | Reduce -52.0% |
| NVDA Nvidia Corp. | 0.04% | 1,917 | $303K | No change |
| CHDN Churchill Downs Inc. | 0.04% | 2,867 | $290K | Add +3.8% |
| NEU Newmarket Corp. | 0.04% | 419 | $289K | New |
| GNTX Gentex Corp. | 0.03% | 10,680 | $235K | Reduce -47.0% |
| BKE The Buckle Inc. | 0.03% | 5,000 | $227K | New |
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Reduce -0.3% | 1.61% | −1.11 |
| AAPL Apple Inc. | Reduce -10.6% | 4.22% | −0.89 |
| CPRT Copart Inc. | Reduce -5.1% | 2.71% | −0.58 |
| AON Aon PLC | Reduce -1.0% | 3.33% | −0.44 |
| PGR Progressive Corp. | Reduce -5.2% | 3.06% | −0.36 |
| MRSH Marsh & McLennan Cos | Reduce -6.6% | 1.73% | −0.34 |
| AMGN Amgen Inc. | Reduce -1.2% | 2.58% | −0.34 |
| PEP Pepsico Inc. | Reduce -4.0% | 1.28% | −0.23 |
| ABBV Abbvie Inc. | Reduce -3.3% | 1.10% | −0.18 |
| Accenture Ltd Cl A | Reduce -2.9% | 2.19% | −0.16 |
| PKG Packaging Corp. of America | Reduce -2.5% | 2.07% | −0.16 |
| LLY Eli Lilly & Co. | Reduce -5.5% | 1.17% | −0.14 |
| EXPD Expeditors Intl Wash Inc. | Reduce -1.4% | 1.81% | −0.12 |
| TROW T Rowe Price Group Inc. | Reduce -26.2% | 0.40% | −0.12 |
| NKE Nike Inc. Class B | Reduce -29.6% | 0.43% | −0.11 |
| DEO Diageo PLC-Sponsored ADR | Reduce -44.6% | 0.12% | −0.10 |
| TTC Toro Co. | Reduce -2.2% | 1.72% | −0.09 |
| TGT Target Corp. | Reduce -53.9% | 0.07% | −0.09 |
| UPS United Parcel Service Class B | Reduce -37.0% | 0.12% | −0.08 |
| RHI Robert Half Inc. | Sold out | 0.00% | −0.08 |
| HSY The Hershey Co. | Reduce -2.1% | 1.41% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -3.9% | 4.48% | −0.07 |
| PCAR Paccar Inc. | Reduce -6.5% | 0.65% | −0.06 |
| TNET Trinet Group Inc. | Reduce -8.2% | 0.33% | −0.06 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -17.7% | 0.18% | −0.06 |
| MOH Molina Healthcare Inc. | Reduce -2.4% | 0.43% | −0.06 |
| PRI Primerica Inc. | Reduce -3.7% | 0.70% | −0.06 |
| CP Canadian Pacific Kansas City | Reduce -52.0% | 0.06% | −0.05 |
| ROST Ross Stores Inc. | Reduce -1.7% | 2.37% | −0.05 |
| FDS Factset Research Systems Inc. | Reduce -4.3% | 0.67% | −0.04 |
| GNTX Gentex Corp. | Reduce -47.0% | 0.03% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.5% | 2.10% | −0.02 |
| AME Ametek Inc. | Reduce -6.0% | 1.54% | −0.02 |
| CTSH Cognizant Tech Solutions-A | Reduce -5.0% | 0.58% | −0.02 |
| UFPI Ufp Industries Inc. | Reduce -11.8% | 0.08% | −0.02 |
| MTD Mettler-Toledo International | Reduce -6.2% | 0.25% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -27.2% | 0.09% | −0.01 |
| GGG Graco Inc. | Reduce -3.2% | 2.50% | −0.01 |
| EVTC Evertec Inc. | Reduce -5.1% | 0.07% | −0.01 |
| MMS Maximus Inc. | Reduce -7.5% | 0.06% | −0.00 |
| CP Canadian Pac Railway | Reduce -2.1% | 0.67% | −0.00 |
| CBRE CBRE Group Inc. Class A | Reduce -4.0% | 0.49% | +0.01 |
| TJX TJX Companies Inc. | Reduce -1.0% | 3.93% | +0.01 |
| SLGN Silgan Holdings Inc. | Reduce -1.9% | 0.43% | +0.02 |
| HSIC Henry Schein Inc. | Reduce -2.9% | 0.77% | +0.03 |
| SYK Stryker Corp. | Reduce -3.8% | 1.48% | +0.03 |
| CNI Canadian Natl Railway Co. | Reduce -2.6% | 1.14% | +0.04 |
| Seagate Technology | Reduce -1.5% | 0.12% | +0.05 |
| ROL Rollins Inc. | Reduce -2.3% | 2.74% | +0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 0.72% | +0.09 |
Portfolio Buys Q1 2025 → Q2 2025
| CASY Casey's General Stores Inc. | Add +4.0% | 3.33% | +0.61 |
| META Meta Platforms Inc. Class A | Add +28.1% | 0.49% | +0.19 |
| AXP American Express Co. | Add +2.5% | 0.85% | +0.15 |
| ALLE Allegion PLC | Add +5.9% | 0.66% | +0.10 |
| CSCO Cisco Systems Inc. | Add +1.1% | 0.34% | +0.04 |
| NEU Newmarket Corp. | New | 0.04% | +0.04 |
| EXP Eagle Materials Inc. | Add +42.8% | 0.17% | +0.04 |
| BKE The Buckle Inc. | New | 0.03% | +0.03 |
| V Visa Inc. Class A | Add +0.5% | 0.80% | +0.01 |
| A Agilent Technologies Inc. | Add +1.9% | 0.49% | +0.01 |
| SCI Service Corp. Intl | Add +0.8% | 0.44% | +0.01 |
| SHW The Sherwin-Williams Co. | Add +2.3% | 1.83% | +0.01 |
| LOW Lowe's Cos Inc. | Add +6.5% | 0.50% | +0.01 |
| CHDN Churchill Downs Inc. | Add +3.8% | 0.04% | −0.00 |
| G Genpact Ltd. | Add +1.4% | 0.23% | −0.03 |
| NOC Northrop Grumman Corp. | Add +0.5% | 2.08% | −0.04 |
| ORLY O'reilly Automotive Inc. | Add +0.7% | 2.91% | −0.15 |
Notes & Other Activity Q1 2025 → Q2 2025
| PRUDENTIAL FINANCIAL INC (PRU 5.625 08/15/58) | PFD | Sold out | 9,042 | $210Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |