Kelly Lawrence W & Associates Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Kelly Lawrence W & Associates Inc. reported 148 stock positions worth $405.0 million. Its top holding was Apple (AAPL) at 8.6% of the portfolio, followed by Alphabet Class A (GOOGL, 6.2%) and Costco Wholesale (COST, 6.0%). Compared with Q4 2024, it opened 7 new positions, sold out of 13, added to 12 and reduced 33. The biggest buy was Visa Class A (V, shares +0%) and the biggest sale Alphabet Class A (GOOGL, shares −1%).

Most Recent 13F
Q2 2026
Location
PASADENA, CA
CIK
0000920441
Portfolio Value
$405.0M (Q1 2025)
SEC Filing
0000920441-25-000005 ↗ filed May 14, 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 Q4 2024 Q1 2025: $405.0M $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 148 stocks · $405.0M
AAPL Apple Inc. 8.58% 156,483 $34.8M Reduce -2.8%
GOOGL Alphabet Inc. Class A 6.21% 162,510 $25.1M Reduce -1.4%
COST Costco Wholesale Corp. 5.97% 25,575 $24.2M Reduce -0.2%
FISV Fiserv Inc. 5.33% 97,737 $21.6M Reduce -1.6%
BR Broadridge Financial Solutio 4.43% 73,997 $17.9M Reduce -0.9%
AMD Advanced Micro Devices 4.22% 166,465 $17.1M Add +0.2%
ROP Roper Technologies Inc. 4.18% 28,703 $16.9M Reduce -2.2%
V Visa Inc. Class A 4.17% 48,198 $16.9M Add +0.3%
ICE Intercontinental Exchange Inc. 4.15% 97,500 $16.8M Reduce -3.6%
COF Capital One Financial Corp. 3.69% 83,290 $14.9M Reduce -2.7%
HIMS Hims & Hers Health Inc. 3.43% 470,535 $13.9M Reduce -0.1%
GNRC Generac Holdings Inc. 3.15% 100,832 $12.8M Reduce -0.8%
PAYC Paycom Software Inc. 2.86% 53,062 $11.6M Add +0.3%
DHR Danaher Corp. 2.72% 53,824 $11.0M Add +0.4%
AMZN Amazon.com Inc. 2.64% 56,295 $10.7M Reduce -1.4%
ENOV Enovis Corp. 2.54% 269,569 $10.3M Reduce -1.0%
CSGP Costar Group Inc. 2.44% 124,640 $9.9M Reduce -3.8%
JNJ Johnson & Johnson 2.41% 58,946 $9.8M Reduce -0.3%
PEP Pepsico Inc. 2.27% 61,290 $9.2M Add +0.4%
ADBE Adobe Inc. 2.20% 23,179 $8.9M Add +0.5%
ALB Albemarle Corp. 2.13% 119,606 $8.6M Reduce -0.7%
LFUS Littelfuse Inc. 2.08% 42,728 $8.4M Reduce -1.5%
GOOG Alphabet Inc. Class C 1.49% 38,554 $6.0M Reduce -1.8%
AFL Aflac Inc. 1.37% 49,954 $5.6M Reduce -1.2%
HD Home Depot Inc. 1.21% 13,362 $4.9M Reduce -1.1%
AMAT Applied Materials Inc. 1.21% 33,663 $4.9M No change
PG The Procter & Gamble Co. 1.02% 24,150 $4.1M Add +0.6%
CVX Chevron Corp. 0.84% 20,300 $3.4M No change
WWD Woodward Inc. 0.83% 18,451 $3.4M Reduce -1.3%
CSCO Cisco Systems Inc. 0.83% 54,187 $3.3M Reduce -6.7%
CRM Salesforce Inc. 0.79% 11,954 $3.2M Reduce -2.3%
MSFT Microsoft Corp. 0.63% 6,810 $2.6M No change
JPM JPMorgan Chase & Co. 0.55% 9,028 $2.2M Reduce -2.4%
ABBV Abbvie Inc. 0.49% 9,537 $2.0M Reduce -3.0%
SHEL Shell PLC-ADR 0.46% 25,223 $1.8M No change
BWEL Boswell (jg) Co. 0.43% 3,447 $1.7M Add +3.0%
HXL Hexcel Corp. 0.39% 28,698 $1.6M Reduce -4.8%
XOM Exxon Mobil Corp. 0.35% 11,816 $1.4M No change
VRSN Verisign Inc. 0.31% 4,995 $1.3M No change
SCHW Schwab (charles) Corp. 0.29% 14,957 $1.2M Reduce -0.3%
GILD Gilead Sciences Inc. 0.22% 8,069 $904K Reduce -6.9%
NSRGY Nestle SA-Spons ADR 0.22% 8,926 $901K Reduce -33.5%
ABT Abbott Laboratories 0.19% 5,910 $784K Reduce -0.8%
EW Edwards Lifesciences Corp. 0.19% 10,725 $777K Reduce -5.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.18% 3,008 $748K No change
BERKSHIRE HATHAWAY INC 0.18% 1,389 $740K No change
WMT Walmart Inc. 0.16% 7,500 $658K No change
KIM Kimco Realty Corp. 0.15% 28,350 $602K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.14% 13,146 $549K No change
AMGN Amgen Inc. 0.13% 1,751 $546K No change
T AT&T Inc. 0.13% 18,106 $512K No change
DE Deere & Co. 0.12% 1,075 $505K Add +7.5%
DOW Dow Inc. 0.12% 14,321 $500K Add +4.0%
KO The Coca-Cola Co. 0.12% 6,931 $496K Add +1.8%
COP Conocophillips 0.12% 4,529 $476K No change
AVY Avery Dennison Corp. 0.11% 2,500 $445K No change
HON Honeywell International Inc. 0.10% 2,005 $425K Add +22.3%
MMM 3M Co. 0.10% 2,649 $389K No change
AMT American Tower Corp. 0.09% 1,720 $374K No change
CAT Caterpillar Inc. 0.08% 979 $323K No change
WFC Wells Fargo & Co. 0.08% 4,400 $316K No change
GE General Electric Company 0.07% 1,494 $299K No change
VRTX Vertex Pharmaceuticals Inc. 0.07% 605 $293K No change
MCD McDonald's Corp. 0.06% 797 $249K No change
TMO Thermo Fisher Scientific Inc. 0.06% 500 $249K No change
INTC Intel Corp. 0.06% 10,785 $245K Reduce -16.3%
PFE Pfizer Inc. 0.06% 9,130 $231K No change
VOOG Vanguard S&P 500 Growth ETF 0.05% 665 $222K No change
AWR American States Water Co. filed as AMER STATES WTR CO 0.05% 2,780 $219K No change
PSX Phillips 66 0.05% 1,758 $217K No change
WHR Whirlpool Corp. 0.05% 2,330 $210K No change
LLY Eli Lilly & Co. 0.05% 247 $204K No change
MDT Medtronic PLC 0.05% 2,150 $193K No change
NSC Norfolk Southern Corp. 0.05% 800 $189K No change
VZ Verizon Communications Inc. 0.04% 4,007 $182K No change
ZTS Zoetis Inc. 0.04% 1,075 $177K No change
BXP BXP Inc. 0.04% 2,500 $168K No change
REGN Regeneron Pharmaceuticals 0.04% 263 $167K No change
DFUSX Dfa US LRG Comp Port-Inst 0.04% 4,430 $165K No change
CCI Crown Castle Inc. 0.04% 1,555 $162K No change
MCK McKesson Corp. 0.04% 240 $162K No change
OCMAX Ocm Gold Fund-Atlas 0.04% 7,664 $144K No change
PINS Pinterest Inc. Class A 0.04% 4,580 $142K No change
RTX RTX Corp. 0.03% 1,050 $139K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.03% 2,862 $120K No change
NEE Nextera Energy Inc. 0.03% 1,660 $118K No change
TSLA Tesla Inc. 0.03% 450 $117K No change
GEV GE Vernova Inc. 0.03% 373 $114K No change
MAT Mattel Inc. 0.03% 5,800 $113K No change
SBLGX Clearbridge LRG Cap Grow-A 0.03% 1,799 $104K No change
BYDDF BYD Co. Ltd. Class H 0.03% 2,000 $102K No change
STT State Street Corp. 0.02% 1,050 $94K No change
EMR Emerson Electric Co. 0.02% 800 $88K No change
UNM Unum Group 0.02% 1,000 $81K No change
ET Energy Transfer LP 0.02% 3,600 $67K No change
TTWO Take-Two Interactive Softwre 0.02% 300 $62K No change
CPT Camden Property Trust 0.02% 500 $61K No change
META Meta Platforms Inc. Class A 0.01% 100 $58K No change
CSX CSX Corp. 0.01% 1,950 $57K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 455 $55K New
RITM Rithm Capital Corp. 0.01% 4,500 $52K No change
EXAS Exact Sciences Corp. 0.01% 1,160 $50K No change
BLK BlackRock Inc. 0.01% 53 $50K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.01% 500 $49K No change
RGA Reinsurance Group of America 0.01% 250 $49K No change
CWT California Water Service Grp 0.01% 1,000 $48K No change
FNV Franco-Nevada Corp. 0.01% 300 $47K No change
ADP Automatic Data Processing 0.01% 153 $47K New
SBUX Starbucks Corp. 0.01% 400 $39K No change
TEL Te Connectivity PLC 0.01% 240 $34K New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.01% 400 $34K No change
GEHC GE Healthcare Technology 0.01% 407 $33K No change
NVO Novo-Nordisk A/S-Spons ADR 0.01% 450 $31K No change
ACN Accenture PLC Class A 0.01% 100 $31K New
BDX Becton Dickinson and Co. 0.01% 135 $31K New
PM Philip Morris International 0.01% 190 $30K New
APD Air Products & Chemicals Inc. 0.01% 100 $29K No change
UNP Union Pacific Corp. 0.01% 124 $29K No change
CNP Centerpoint Energy Inc. 0.01% 800 $29K No change
HAL Halliburton Co. 0.01% 1,080 $27K No change
KHC The Kraft Heinz Co. 0.01% 850 $26K No change
WBD Warner Bros Discovery Inc. 0.01% 2,322 $25K No change
VFC VF Corp. 0.01% 1,475 $23K No change
SOLV Solventum Corp. 0.01% 274 $21K Reduce -54.3%
SBSW Sibanye-Stillwater Ltd.-ADR 0.01% 4,547 $21K No change
VTRS Viatris Inc. 0.00% 2,244 $20K Reduce -7.7%
EWBC East West Bancorp Inc. 0.00% 213 $19K No change
ETSY Etsy Inc. 0.00% 350 $17K No change
EA Electronic Arts Inc. 0.00% 106 $15K No change
DLR Digital Realty Trust Inc. 0.00% 100 $14K No change
BUD Anheuser-Busch Inbev-SPN ADR 0.00% 200 $12K No change
KTB Kontoor Brands Inc. 0.00% 189 $12K No change
TG Tredegar Corp. 0.00% 1,455 $11K No change
HPE Hewlett Packard Enterprise 0.00% 600 $9K No change
FVRR Fiverr International Ltd. 0.00% 350 $8K No change
NKE Nike Inc. Class B 0.00% 125 $8K No change
VEOEY Veolia Environnement-ADR 0.00% 400 $7K No change
PCRHY Panasonic Holdings Corp. 0.00% 465 $6K No change
C Citigroup Inc. 0.00% 69 $5K No change
TRP TC Energy Corp. 0.00% 100 $5K No change
TDY Teledyne Technologies Inc. 0.00% 8 $4K No change
QCOM Qualcomm Inc. 0.00% 25 $4K No change
ATKR Atkore Inc. 0.00% 60 $4K No change
APACHE CORP filed as APA CORPORATION 0.00% 60 $1K No change
REZI Resideo Technologies Inc. 0.00% 66 $1K No change
DXC DXC Technology Co. 0.00% 51 $870 No change
SOBO South Bow Corp. 0.00% 20 $510 No change
GTX Garrett Motion Inc. 0.00% 40 $335 No change
Other holdings (15): bonds, preferreds, convertibles and warrants · $6.7M (not counted above)
SecurityClassShares / PrincipalValueChange
RITHM CAPITAL CORP (RITM V0 PERP B) PRD 67,491$1.7MReduce -2.9%
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$803KNo change
AGNC INVESTMENT CORP (AGNC V0 PERP E) PRD 31,324$802KNo change
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock 23,700$453KNo change
FORD MOTOR COMPANY (F 6.2 06/01/59) NTS DUE 01/06/2059 USD 19,200$415KNo change
RITHM CAPITAL CORP (RITM V7 PERP D) PRD 14,700$355KNo change
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 9,155$329KNo change
ATLANTICUS HOLDINGS CORP (ATLC 9.25 01/31/29 *) PRD 8,778$221KNo change
TPG MORTGAGE INVEST TR (MITT 8 PERP B) PRD 10,105$220KNo change
PENNYMAC MTGE INVESTMENT (PMT V8.125 PERP A) PRD 4,000$99KNo change
ANNALY CAPITAL MGMT (NLY V0 PERP F) COM 3,300$84KNo change
RITHM CAPITAL CORP (RITM V6.375 PERP C) PRD 2,700$68KNo change
AGNC INVESTMENT CORP (AGNC V0 PERP C) PRD 1,500$39KNo change
TPG MORTGAGE INVEST TR (MITT 8.25 PERP A) PRD 1,700$38KNo change

Total filed on the 13F, all lines: $411.7M.

Portfolio Sells Q4 2024 → Q1 2025
GOOGL Alphabet Inc. Class A Reduce -1.4% 6.21% −1.19
AAPL Apple Inc. Reduce -2.8% 8.58% −0.97
GNRC Generac Holdings Inc. Reduce -0.8% 3.15% −0.58
LFUS Littelfuse Inc. Reduce -1.5% 2.08% −0.35
ALB Albemarle Corp. Reduce -0.7% 2.13% −0.33
AMZN Amazon.com Inc. Reduce -1.4% 2.64% −0.32
ENOV Enovis Corp. Reduce -1.0% 2.54% −0.29
GOOG Alphabet Inc. Class C Reduce -1.8% 1.49% −0.28
OKE Oneok Inc. Sold out 0.00% −0.19
CRM Salesforce Inc. Reduce -2.3% 0.79% −0.18
KMB Kimberly-Clark Corp. Sold out 0.00% −0.08
HXL Hexcel Corp. Reduce -4.8% 0.39% −0.06
NSRGY Nestle SA-Spons ADR Reduce -33.5% 0.22% −0.04
HD Home Depot Inc. Reduce -1.1% 1.21% −0.04
BP BP PLC-Spons ADR Sold out 0.00% −0.01
EW Edwards Lifesciences Corp. Reduce -5.3% 0.19% −0.01
SOLV Solventum Corp. Reduce -54.3% 0.01% −0.00
VTRS Viatris Inc. Reduce -7.7% 0.00% −0.00
KD Kyndryl Holdings Inc. Sold out 0.00% −0.00
RIO Rio Tinto PLC-Spon ADR Sold out 0.00% −0.00
INTC Intel Corp. Reduce -16.3% 0.06% −0.00
HSY The Hershey Co. Sold out 0.00% −0.00
CI The Cigna Group Sold out 0.00% −0.00
JCI Johnson Controls Internation Sold out 0.00% −0.00
DELL Dell Technologies -C Sold out 0.00% −0.00
NVT Nvent Electric PLC Sold out 0.00% −0.00
PNR Pentair PLC Sold out 0.00% −0.00
BHF Brighthouse Financial Inc. Sold out 0.00% 0.00
ADNT Adient PLC Sold out 0.00% 0.00
CSCO Cisco Systems Inc. Reduce -6.7% 0.83% +0.01
JPM JPMorgan Chase & Co. Reduce -2.4% 0.55% +0.02
SCHW Schwab (charles) Corp. Reduce -0.3% 0.29% +0.03
GILD Gilead Sciences Inc. Reduce -6.9% 0.22% +0.03
ABT Abbott Laboratories Reduce -0.8% 0.19% +0.03
COF Capital One Financial Corp. Reduce -2.7% 3.69% +0.07
ABBV Abbvie Inc. Reduce -3.0% 0.49% +0.08
WWD Woodward Inc. Reduce -1.3% 0.83% +0.09
AFL Aflac Inc. Reduce -1.2% 1.37% +0.13
CSGP Costar Group Inc. Reduce -3.8% 2.44% +0.24
JNJ Johnson & Johnson Reduce -0.3% 2.41% +0.39
COST Costco Wholesale Corp. Reduce -0.2% 5.97% +0.41
BR Broadridge Financial Solutio Reduce -0.9% 4.43% +0.43
FISV Fiserv Inc. Reduce -1.6% 5.33% +0.50
ROP Roper Technologies Inc. Reduce -2.2% 4.18% +0.56
ICE Intercontinental Exchange Inc. Reduce -3.6% 4.15% +0.58
HIMS Hims & Hers Health Inc. Reduce -0.1% 3.43% +0.74

Portfolio Buys Q4 2024 → Q1 2025
V Visa Inc. Class A Add +0.3% 4.17% +0.57
PAYC Paycom Software Inc. Add +0.3% 2.86% +0.29
PEP Pepsico Inc. Add +0.4% 2.27% +0.07
PG The Procter & Gamble Co. Add +0.6% 1.02% +0.06
DE Deere & Co. Add +7.5% 0.12% +0.02
KO The Coca-Cola Co. Add +1.8% 0.12% +0.02
HON Honeywell International Inc. Add +22.3% 0.10% +0.02
TJX TJX Companies Inc. New 0.01% +0.01
BLK BlackRock Inc. New 0.01% +0.01
ADP Automatic Data Processing New 0.01% +0.01
TEL Te Connectivity PLC New 0.01% +0.01
ACN Accenture PLC Class A New 0.01% +0.01
BDX Becton Dickinson and Co. New 0.01% +0.01
PM Philip Morris International New 0.01% +0.01
BWEL Boswell (jg) Co. Add +3.0% 0.43% −0.01
DOW Dow Inc. Add +4.0% 0.12% −0.01
DHR Danaher Corp. Add +0.4% 2.72% −0.19
ADBE Adobe Inc. Add +0.5% 2.20% −0.24
AMD Advanced Micro Devices Add +0.2% 4.22% −0.53

Notes & Other Activity Q4 2024 → Q1 2025
RITHM CAPITAL CORP (RITM V0 PERP B) PRD Reduce -2.9% 67,491 $1.7M

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