Kelly Lawrence W & Associates Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Kelly Lawrence W & Associates Inc. reported 154 stock positions worth $421.9 million. Its top holding was Apple (AAPL) at 9.6% of the portfolio, followed by Alphabet Class A (GOOGL, 7.4%) and Costco Wholesale (COST, 5.6%). Compared with Q3 2024, it opened 4 new positions, sold out of 8, added to 19 and reduced 39. The biggest buy was a new position in Hims & Hers Health (HIMS) and the biggest sale an exit from Iqvia (IQV).

Most Recent 13F
Q2 2026
Location
PASADENA, CA
CIK
0000920441
Portfolio Value
$421.9M (Q4 2024)
SEC Filing
0000920441-25-000002 ↗ filed Feb 13, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $433.1M Q1 2024 Q2 2024: $432.2M Q2 2024 Q3 2024: $436.5M Q3 2024 Q4 2024: $421.9M $421.9M Q4 2024 Q1 2025: $405.0M Q1 2025 Q2 2025: $373.4M Q2 2025 Q3 2025: $404.0M Q3 2025 Q4 2025: $401.4M Q4 2025 Q1 2026: $351.9M Q1 2026 Q2 2026: $459.5M Q2 2026

Holdings 154 stocks · $421.9M
AAPL Apple Inc. 9.56% 161,005 $40.3M Reduce -0.9%
GOOGL Alphabet Inc. Class A 7.39% 164,785 $31.2M Reduce -0.4%
COST Costco Wholesale Corp. 5.57% 25,630 $23.5M Reduce -1.1%
FISV Fiserv Inc. 4.83% 99,287 $20.4M Reduce -0.8%
AMD Advanced Micro Devices 4.76% 166,090 $20.1M Add +0.7%
BR Broadridge Financial Solutio 4.00% 74,692 $16.9M Reduce -0.1%
GNRC Generac Holdings Inc. 3.74% 101,692 $15.8M No change
COF Capital One Financial Corp. 3.62% 85,615 $15.3M Add +0.2%
ROP Roper Technologies Inc. 3.62% 29,358 $15.3M Add +0.7%
V Visa Inc. Class A 3.60% 48,058 $15.2M Add +0.3%
ICE Intercontinental Exchange Inc. 3.57% 101,103 $15.1M Add +0.1%
AMZN Amazon.com Inc. 2.97% 57,070 $12.5M Add +0.3%
DHR Danaher Corp. 2.92% 53,597 $12.3M Add +4.2%
ENOV Enovis Corp. 2.83% 272,393 $12.0M Add +5.0%
HIMS Hims & Hers Health Inc. 2.70% 470,785 $11.4M New
PAYC Paycom Software Inc. 2.57% 52,912 $10.8M New
ALB Albemarle Corp. 2.46% 120,421 $10.4M Reduce -0.3%
ADBE Adobe Inc. 2.43% 23,059 $10.3M Add +6413.8%
LFUS Littelfuse Inc. 2.42% 43,373 $10.2M Add +1.3%
PEP Pepsico Inc. 2.20% 61,040 $9.3M Reduce -2.1%
CSGP Costar Group Inc. 2.20% 129,540 $9.3M Reduce -6.8%
JNJ Johnson & Johnson 2.03% 59,121 $8.6M Reduce -5.2%
GOOG Alphabet Inc. Class C 1.77% 39,254 $7.5M Reduce -4.8%
AMAT Applied Materials Inc. 1.30% 33,663 $5.5M Add +0.6%
HD Home Depot Inc. 1.25% 13,508 $5.3M No change
AFL Aflac Inc. 1.24% 50,554 $5.2M No change
CRM Salesforce Inc. 0.97% 12,234 $4.1M Add +0.7%
PG The Procter & Gamble Co. 0.95% 24,010 $4.0M Reduce -0.9%
CSCO Cisco Systems Inc. 0.81% 58,062 $3.4M Reduce -5.0%
WWD Woodward Inc. 0.74% 18,701 $3.1M Reduce -5.4%
CVX Chevron Corp. 0.70% 20,300 $2.9M Reduce -4.2%
MSFT Microsoft Corp. 0.68% 6,810 $2.9M No change
JPM JPMorgan Chase & Co. 0.53% 9,248 $2.2M Add +1.5%
HXL Hexcel Corp. 0.45% 30,148 $1.9M Reduce -5.2%
BWEL Boswell (jg) Co. 0.43% 3,347 $1.8M No change
ABBV Abbvie Inc. 0.41% 9,837 $1.7M Add +0.9%
SHEL Shell PLC-ADR 0.37% 25,223 $1.6M No change
XOM Exxon Mobil Corp. 0.30% 11,816 $1.3M Reduce -4.8%
SCHW Schwab (charles) Corp. 0.26% 15,007 $1.1M Reduce -11.9%
NSRGY Nestle SA-Spons ADR 0.26% 13,431 $1.1M No change
VRSN Verisign Inc. 0.24% 4,995 $1.0M No change
EW Edwards Lifesciences Corp. 0.20% 11,325 $838K No change
GILD Gilead Sciences Inc. 0.19% 8,669 $801K Reduce -7.8%
OKE Oneok Inc. 0.19% 7,850 $788K No change
WMT Walmart Inc. 0.16% 7,500 $678K No change
ABT Abbott Laboratories 0.16% 5,960 $674K No change
KIM Kimco Realty Corp. 0.16% 28,350 $664K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.16% 3,008 $661K No change
BERKSHIRE HATHAWAY INC 0.15% 1,389 $630K Reduce -1.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.14% 13,146 $578K No change
DOW Dow Inc. 0.13% 13,771 $553K No change
AVY Avery Dennison Corp. 0.11% 2,500 $468K No change
AMGN Amgen Inc. 0.11% 1,751 $456K No change
COP Conocophillips 0.11% 4,529 $449K No change
KO The Coca-Cola Co. 0.10% 6,808 $424K Reduce -9.0%
DE Deere & Co. 0.10% 1,000 $424K No change
T AT&T Inc. 0.10% 18,106 $412K Reduce -5.2%
HON Honeywell International Inc. 0.09% 1,640 $370K Add +65.7%
CAT Caterpillar Inc. 0.08% 979 $355K No change
MMM 3M Co. 0.08% 2,649 $342K Reduce -15.9%
KMB Kimberly-Clark Corp. 0.08% 2,438 $319K No change
AMT American Tower Corp. 0.07% 1,720 $315K Reduce -96.6%
WFC Wells Fargo & Co. 0.07% 4,400 $309K No change
WHR Whirlpool Corp. 0.06% 2,330 $267K No change
TMO Thermo Fisher Scientific Inc. 0.06% 500 $260K Add +51.5%
INTC Intel Corp. 0.06% 12,885 $258K No change
GE General Electric Company 0.06% 1,494 $249K Reduce -7.7%
VRTX Vertex Pharmaceuticals Inc. 0.06% 605 $244K No change
VOOG Vanguard S&P 500 Growth ETF 0.06% 665 $243K No change
PFE Pfizer Inc. 0.06% 9,130 $242K Reduce -9.9%
MCD McDonald's Corp. 0.05% 797 $231K Reduce -35.0%
AWR American States Water Co. filed as AMER STATES WTR CO 0.05% 2,780 $216K No change
PSX Phillips 66 0.05% 1,758 $200K Reduce -36.4%
LLY Eli Lilly & Co. 0.05% 247 $191K No change
NSC Norfolk Southern Corp. 0.04% 800 $188K No change
REGN Regeneron Pharmaceuticals 0.04% 263 $187K Add +10.5%
BXP BXP Inc. 0.04% 2,500 $186K Add +75.4%
TSLA Tesla Inc. 0.04% 450 $182K No change
ZTS Zoetis Inc. 0.04% 1,075 $175K No change
DFUSX Dfa US LRG Comp Port-Inst 0.04% 4,430 $173K No change
MDT Medtronic PLC 0.04% 2,150 $172K No change
VZ Verizon Communications Inc. 0.04% 4,007 $160K No change
CCI Crown Castle Inc. 0.03% 1,555 $141K No change
MCK McKesson Corp. 0.03% 240 $137K No change
PINS Pinterest Inc. Class A 0.03% 4,580 $133K Reduce -98.7%
GEV GE Vernova Inc. 0.03% 373 $123K Reduce -7.7%
RTX RTX Corp. 0.03% 1,050 $122K No change
NEE Nextera Energy Inc. 0.03% 1,660 $119K No change
SBLGX Clearbridge LRG Cap Grow-A 0.03% 1,799 $112K Add +5.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.03% 2,862 $110K Reduce -9.5%
OCMAX Ocm Gold Fund-Atlas 0.02% 7,664 $105K New
STT State Street Corp. 0.02% 1,050 $103K No change
MAT Mattel Inc. 0.02% 5,800 $103K No change
EMR Emerson Electric Co. 0.02% 800 $99K Reduce -33.3%
UNM Unum Group 0.02% 1,000 $73K No change
ET Energy Transfer LP 0.02% 3,600 $71K No change
BYDDF BYD Co. Ltd. Class H 0.02% 2,000 $68K No change
EXAS Exact Sciences Corp. 0.02% 1,160 $65K No change
CSX CSX Corp. 0.01% 1,950 $63K No change
META Meta Platforms Inc. Class A 0.01% 100 $59K No change

Show all 154 holdings

Other holdings (15): bonds, preferreds, convertibles and warrants · $6.8M (not counted above)
SecurityClassShares / PrincipalValueChange
RITHM CAPITAL CORP (RITM V0 PERP B) PRD 69,491$1.8MNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 887$1.1MNo change
AT&T INC (T 5 PERP A) COM 39,300$817KNo change
AGNC INVESTMENT CORP (AGNC V0 PERP E) PRD 31,324$797KNo change
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock 23,700$448KNo change
FORD MOTOR COMPANY (F 6.2 06/01/59) NTS DUE 01/06/2059 USD 19,200$441KNo change
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 9,155$374KAdd +7.4%
RITHM CAPITAL CORP (RITM V7 PERP D) PRD 14,700$349KNo change
ATLANTICUS HOLDINGS CORP (ATLC 9.25 01/31/29 *) PRD 8,778$219KNo change
TPG MORTGAGE INVEST TR (MITT 8 PERP B) PRD 10,105$218KNo change
PENNYMAC MTGE INVESTMENT (PMT V8.125 PERP A) PRD 4,000$93KNo change
ANNALY CAPITAL MGMT (NLY V0 PERP F) COM 3,300$85KNo change
RITHM CAPITAL CORP (RITM V6.375 PERP C) PRD 2,700$66KNo change
AGNC INVESTMENT CORP (AGNC V0 PERP C) PRD 1,500$38KNo change
TPG MORTGAGE INVEST TR (MITT 8.25 PERP A) PRD 1,700$37KNo change

Total filed on the 13F, all lines: $428.7M.

Portfolio Sells Q3 2024 → Q4 2024
IQV Iqvia Holdings Inc. Sold out 0.00% −3.06
AMT American Tower Corp. Reduce -96.6% 0.07% −2.65
PINS Pinterest Inc. Class A Reduce -98.7% 0.03% −2.52
MRK Merck & Co. Inc. Sold out 0.00% −1.75
JNJ Johnson & Johnson Reduce -5.2% 2.03% −0.29
PEP Pepsico Inc. Reduce -2.1% 2.20% −0.23
CSGP Costar Group Inc. Reduce -6.8% 2.20% −0.20
ALB Albemarle Corp. Reduce -0.3% 2.46% −0.16
ROST Ross Stores Inc. Sold out 0.00% −0.07
WWD Woodward Inc. Reduce -5.4% 0.74% −0.04
PSX Phillips 66 Reduce -36.4% 0.05% −0.04
XOM Exxon Mobil Corp. Reduce -4.8% 0.30% −0.03
MCD McDonald's Corp. Reduce -35.0% 0.05% −0.03
KO The Coca-Cola Co. Reduce -9.0% 0.10% −0.02
ETSY Etsy Inc. Reduce -82.9% 0.00% −0.02
CVX Chevron Corp. Reduce -4.2% 0.70% −0.02
MMM 3M Co. Reduce -15.9% 0.08% −0.02
CPT Camden Property Trust Reduce -50.0% 0.01% −0.01
IP International Paper Co. Sold out 0.00% −0.01
GE General Electric Company Reduce -7.7% 0.06% −0.01
PFE Pfizer Inc. Reduce -9.9% 0.06% −0.01
PG The Procter & Gamble Co. Reduce -0.9% 0.95% −0.01
EMR Emerson Electric Co. Reduce -33.3% 0.02% −0.01
CNP Centerpoint Energy Inc. Reduce -50.0% 0.01% −0.00
SLB SLB Ltd. Reduce -9.5% 0.03% −0.00
SOLV Solventum Corp. Reduce -26.1% 0.01% −0.00
HXL Hexcel Corp. Reduce -5.2% 0.45% −0.00
GEHC GE Healthcare Technology Reduce -9.2% 0.01% −0.00
KMI Kinder Morgan Inc. Sold out 0.00% −0.00
AA Alcoa Corp. Sold out 0.00% −0.00
KD Kyndryl Holdings Inc. Reduce -46.9% 0.00% −0.00
WAB Wabtec Corp. Sold out 0.00% −0.00
LUMN Lumen Technologies Inc. Sold out 0.00% −0.00
BERKSHIRE HATHAWAY INC Reduce -1.6% 0.15% +0.00
VTRS Viatris Inc. Reduce -4.9% 0.01% +0.00
WBD Warner Bros Discovery Inc. Reduce -9.4% 0.01% +0.00
T AT&T Inc. Reduce -5.2% 0.10% +0.00
GEV GE Vernova Inc. Reduce -7.7% 0.03% +0.01
GILD Gilead Sciences Inc. Reduce -7.8% 0.19% +0.01
SCHW Schwab (charles) Corp. Reduce -11.9% 0.26% +0.01
CSCO Cisco Systems Inc. Reduce -5.0% 0.81% +0.07
GOOG Alphabet Inc. Class C Reduce -4.8% 1.77% +0.19
COST Costco Wholesale Corp. Reduce -1.1% 5.57% +0.30
BR Broadridge Financial Solutio Reduce -0.1% 4.00% +0.32
FISV Fiserv Inc. Reduce -0.8% 4.83% +0.71
AAPL Apple Inc. Reduce -0.9% 9.56% +0.88
GOOGL Alphabet Inc. Class A Reduce -0.4% 7.39% +1.11

Portfolio Buys Q3 2024 → Q4 2024
HIMS Hims & Hers Health Inc. New 2.70% +2.70
PAYC Paycom Software Inc. New 2.57% +2.57
ADBE Adobe Inc. Add +6413.8% 2.43% +2.39
COF Capital One Financial Corp. Add +0.2% 3.62% +0.69
V Visa Inc. Class A Add +0.3% 3.60% +0.58
AMZN Amazon.com Inc. Add +0.3% 2.97% +0.54
ENOV Enovis Corp. Add +5.0% 2.83% +0.28
CRM Salesforce Inc. Add +0.7% 0.97% +0.21
JPM JPMorgan Chase & Co. Add +1.5% 0.53% +0.09
HON Honeywell International Inc. Add +65.7% 0.09% +0.04
OCMAX Ocm Gold Fund-Atlas New 0.02% +0.02
BXP BXP Inc. Add +75.4% 0.04% +0.02
TMO Thermo Fisher Scientific Inc. Add +51.5% 0.06% +0.01
NVO Novo-Nordisk A/S-Spons ADR New 0.01% +0.01
SBLGX Clearbridge LRG Cap Grow-A Add +5.2% 0.03% +0.00
REGN Regeneron Pharmaceuticals Add +10.5% 0.04% −0.01
ABBV Abbvie Inc. Add +0.9% 0.41% −0.03
ROP Roper Technologies Inc. Add +0.7% 3.62% −0.10
ICE Intercontinental Exchange Inc. Add +0.1% 3.57% −0.15
LFUS Littelfuse Inc. Add +1.3% 2.42% −0.18
AMAT Applied Materials Inc. Add +0.6% 1.30% −0.25
DHR Danaher Corp. Add +4.2% 2.92% −0.36
AMD Advanced Micro Devices Add +0.7% 4.76% −1.44

Notes & Other Activity Q3 2024 → Q4 2024
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Add +7.4% 9,155 $374K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 112$459.5MAMD, GOOGL, AAPL, COST, PANW
Q1 2026 108$351.9MGOOGL, AAPL, AMD, COST, ICE
Q4 2025 111$401.4MGOOGL, AAPL, AMD, COST, COF
Q3 2025 144$404.0MGOOGL, AAPL, AMD, COST, HIMS
Q2 2025 142$373.4MCOST, AAPL, AMD, GOOGL, HIMS
Q1 2025 148$405.0MAAPL, GOOGL, COST, FISV, BR
Q4 2024 154$421.9MAAPL, GOOGL, COST, FISV, AMD
Q3 2024 157$436.5MAAPL, GOOGL, AMD, COST, FISV
Q2 2024 163$432.2MAAPL, GOOGL, AMD, COST, ROP
Q1 2024 160$433.1MAMD, AAPL, GOOGL, COST, ROP