M. Kraus & Co

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 10, 2024), M. Kraus & Co reported 80 stock positions worth $326.2 million. Its top holding was Microsoft (MSFT) at 10.8% of the portfolio, followed by Alphabet Class C (GOOG, 6.0%) and Berkshire Hathaway - B (5.9%). Compared with Q1 2024, it opened 1 new position, sold out of 3, added to 15 and reduced 41. The biggest buy was Accenture Class A (ACN, shares +82%) and the biggest sale Norfolk Southern (NSC, shares −3%).

Most Recent 13F
Q2 2026
Location
SHELBURNE, VT
CIK
0001593688
Portfolio Value
$326.2M (Q2 2024)
SEC Filing
0001593688-24-000003 ↗ filed Jul 10, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $329.3M Q1 2024 Q2 2024: $326.2M $326.2M Q2 2024 Q3 2024: $341.3M Q3 2024 Q4 2024: $333.3M Q4 2024 Q1 2025: $328.8M Q1 2025 Q2 2025: $340.7M Q2 2025 Q3 2025: $358.1M Q3 2025 Q4 2025: $358.1M Q4 2025 Q1 2026: $342.9M Q1 2026 Q2 2026: $376.9M Q2 2026

Holdings 80 stocks · $326.2M
MSFT Microsoft Corp. 10.82% 78,962 $35.3M Reduce -1.2%
GOOG Alphabet Inc. Class C 5.99% 106,519 $19.5M Reduce -1.4%
Berkshire Hathaway - B 5.87% 47,075 $19.2M Reduce -0.8%
TMO Thermo Fisher Scientific Inc. 5.42% 31,974 $17.7M Reduce -0.9%
LHX L3HARRIS Technologies Inc. 3.65% 53,068 $11.9M Reduce -2.6%
CHD Church & Dwight Co. Inc. 3.31% 104,272 $10.8M Reduce -1.5%
PG The Procter & Gamble Co. 3.20% 63,312 $10.4M Reduce -1.5%
NEE Nextera Energy Inc. 3.16% 145,420 $10.3M Reduce -1.3%
ITW Illinois Tool Works 3.14% 43,281 $10.3M Reduce -1.5%
NSC Norfolk Southern Corp. 3.06% 46,438 $10.0M Reduce -2.8%
ECL Ecolab Inc. 2.96% 40,570 $9.7M Reduce -1.2%
CARR Carrier Global Corp. 2.96% 152,989 $9.7M Reduce -1.1%
PEP Pepsico Inc. 2.88% 56,935 $9.4M Reduce -1.2%
ROK Rockwell Automation Inc. 2.84% 33,629 $9.3M Reduce -0.3%
MCHP Microchip Technology Inc. 2.80% 99,928 $9.1M Reduce -0.7%
ABT Abbott Laboratories 2.65% 83,276 $8.7M Reduce -2.3%
RTX RTX Corp. 2.58% 83,910 $8.4M Reduce -0.8%
MDLZ Mondelez International Inc. Class A 2.50% 124,672 $8.2M Reduce -1.2%
JNJ Johnson & Johnson 2.39% 53,376 $7.8M Reduce -1.0%
CSCO Cisco Systems Inc. 2.33% 160,115 $7.6M Reduce -2.2%
ABBV Abbvie Inc. 2.17% 41,318 $7.1M Reduce -0.3%
LIN Linde PLC 2.15% 15,971 $7.0M Add +0.8%
FISV Fiserv Inc. 2.15% 47,022 $7.0M Add +0.2%
ACN Accenture PLC Class A 1.84% 19,778 $6.0M Add +81.6%
AAPL Apple Inc. 1.80% 27,884 $5.9M Reduce -2.2%
BDX Becton Dickinson and Co. 1.79% 24,939 $5.8M Reduce -1.6%
ENB Enbridge Inc. 1.55% 142,213 $5.1M Reduce -1.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.03% 33,713 $3.3M Reduce -3.5%
OTIS Otis Worldwide Corp. 0.89% 30,042 $2.9M Reduce -0.5%
VZ Verizon Communications Inc. 0.79% 62,813 $2.6M Reduce -8.6%
COP Conocophillips 0.74% 21,179 $2.4M Reduce -2.6%
AMZN Amazon.com Inc. 0.55% 9,276 $1.8M Add +2.2%
JPM JPMorgan Chase & Co. 0.54% 8,758 $1.8M Add +1.7%
CVX Chevron Corp. 0.53% 11,083 $1.7M Add +0.4%
MRK Merck & Co. Inc. 0.46% 12,204 $1.5M Reduce -1.5%
GOOGL Alphabet Inc. Class A 0.36% 6,467 $1.2M Add +3.2%
AMGN Amgen Inc. 0.35% 3,629 $1.1M Reduce -0.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.33% 6,202 $1.1M Reduce -3.1%
XOM Exxon Mobil Corp. 0.29% 8,272 $952K Reduce -3.5%
MDY State Street SPDR S&P Midcap 0.28% 1,700 $910K No change
LLY Eli Lilly & Co. 0.27% 985 $892K Reduce -2.9%
NVDA Nvidia Corp. 0.26% 6,920 $855K Add +5.3%
HD Home Depot Inc. 0.25% 2,326 $801K No change
IWM iShares Russell 2000 ETF 0.23% 3,625 $735K Add +3.6%
MA Mastercard Inc. Class A 0.22% 1,621 $715K No change
COST Costco Wholesale Corp. 0.21% 820 $697K No change
GLD SPDR Gold Shares 0.19% 2,915 $627K No change
QDF NT Qual Div ETF 0.18% 9,000 $599K No change
MCD McDonald's Corp. 0.18% 2,247 $573K Add +2.3%
PFE Pfizer Inc. 0.16% 19,195 $537K Reduce -1.2%
VTI VG Morningstar TS MKT ETF-US 0.16% 1,994 $533K No change
V Visa Inc. Class A 0.14% 1,745 $458K Add +1.4%
AVGO Broadcom Inc. 0.14% 277 $445K No change
KO The Coca-Cola Co. 0.14% 6,940 $442K No change
WMT Walmart Inc. 0.13% 6,168 $418K Add +2.5%
HON Honeywell International Inc. 0.12% 1,887 $403K Add +8.6%
UNP Union Pacific Corp. 0.12% 1,747 $395K No change
PAYX Paychex Inc. 0.11% 3,023 $358K Reduce -4.5%
UNH Unitedhealth Group Inc. 0.10% 645 $328K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.10% 2,933 $323K No change
DOV Dover Corp. 0.10% 1,750 $316K No change
KMB Kimberly-Clark Corp. 0.10% 2,273 $314K Add +3.2%
Yum! Brands, Inc. 0.09% 2,332 $309K No change
ORCL Oracle Corp. 0.09% 2,166 $306K No change
IVW iShares S&P 500 Growth ETF 0.09% 3,100 $287K No change
MMM 3M Co. 0.09% 2,765 $283K Reduce -8.6%
GD General Dynamics Corp. 0.08% 906 $263K No change
VOO Vanguard S&P 500 ETF 0.08% 525 $263K No change
PM Philip Morris International 0.08% 2,520 $255K Reduce -5.6%
DCI Donaldson Co. Inc. 0.08% 3,450 $247K Reduce -1.7%
DE Deere & Co. 0.07% 630 $235K Reduce -7.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 426 $232K No change
ETN Eaton Corporation 0.07% 717 $225K No change
DUK Duke Energy Corp. 0.07% 2,229 $223K Add +2.3%
NKE Nike Inc. Class B 0.07% 2,893 $218K No change
SYK Stryker Corp. 0.07% 624 $212K No change
TXN Texas Instruments Inc. 0.06% 1,084 $211K New
American Express Co. 0.06% 878 $203K Reduce -2.8%
UPS United Parcel Service Class B 0.06% 1,482 $203K Reduce -5.8%
GoLogiq Inc - Restricted Share 0.00% 17,000 $0 No change

Portfolio Sells Q1 2024 → Q2 2024
NSC Norfolk Southern Corp. Reduce -2.8% 3.06% −0.64
ITW Illinois Tool Works Reduce -1.5% 3.14% −0.44
ABT Abbott Laboratories Reduce -2.3% 2.65% −0.29
TMO Thermo Fisher Scientific Inc. Reduce -0.9% 5.42% −0.28
DIS The Walt Disney Co. Reduce -3.5% 1.03% −0.27
JNJ Johnson & Johnson Reduce -1.0% 2.39% −0.20
Berkshire Hathaway - B Reduce -0.8% 5.87% −0.19
PEP Pepsico Inc. Reduce -1.2% 2.88% −0.18
MDLZ Mondelez International Inc. Class A Reduce -1.2% 2.50% −0.18
CSCO Cisco Systems Inc. Reduce -2.2% 2.33% −0.15
ROK Rockwell Automation Inc. Reduce -0.3% 2.84% −0.15
ABBV Abbvie Inc. Reduce -0.3% 2.17% −0.12
BDX Becton Dickinson and Co. Reduce -1.6% 1.79% −0.12
COP Conocophillips Reduce -2.6% 0.74% −0.10
VZ Verizon Communications Inc. Reduce -8.6% 0.79% −0.08
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.07
BIP Brookfield Infrastructure Pa Sold out 0.00% −0.06
NUE Nucor Corp. Sold out 0.00% −0.06
IBM Intl Business Machines Corp. Reduce -3.1% 0.33% −0.04
CHD Church & Dwight Co. Inc. Reduce -1.5% 3.31% −0.04
ENB Enbridge Inc. Reduce -1.7% 1.55% −0.04
MRK Merck & Co. Inc. Reduce -1.5% 0.46% −0.03
OTIS Otis Worldwide Corp. Reduce -0.5% 0.89% −0.02
DE Deere & Co. Reduce -7.3% 0.07% −0.01
MMM 3M Co. Reduce -8.6% 0.09% −0.01
XOM Exxon Mobil Corp. Reduce -3.5% 0.29% −0.01
UPS United Parcel Service Class B Reduce -5.8% 0.06% −0.01
PAYX Paychex Inc. Reduce -4.5% 0.11% −0.01
DCI Donaldson Co. Inc. Reduce -1.7% 0.08% −0.00
American Express Co. Reduce -2.8% 0.06% −0.00
PFE Pfizer Inc. Reduce -1.2% 0.16% +0.00
PM Philip Morris International Reduce -5.6% 0.08% +0.00
AMGN Amgen Inc. Reduce -0.3% 0.35% +0.03
PG The Procter & Gamble Co. Reduce -1.5% 3.20% +0.03
LLY Eli Lilly & Co. Reduce -2.9% 0.27% +0.03
MCHP Microchip Technology Inc. Reduce -0.7% 2.80% +0.06
RTX RTX Corp. Reduce -0.8% 2.58% +0.08
ECL Ecolab Inc. Reduce -1.2% 2.96% +0.08
LHX L3HARRIS Technologies Inc. Reduce -2.6% 3.65% +0.13
CARR Carrier Global Corp. Reduce -1.1% 2.96% +0.23
NEE Nextera Energy Inc. Reduce -1.3% 3.16% +0.30
AAPL Apple Inc. Reduce -2.2% 1.80% +0.32
MSFT Microsoft Corp. Reduce -1.2% 10.82% +0.60
GOOG Alphabet Inc. Class C Reduce -1.4% 5.99% +0.99

Portfolio Buys Q1 2024 → Q2 2024
ACN Accenture PLC Class A Add +81.6% 1.84% +0.69
NVDA Nvidia Corp. Add +5.3% 0.26% +0.08
GOOGL Alphabet Inc. Class A Add +3.2% 0.36% +0.07
TXN Texas Instruments Inc. New 0.06% +0.06
AMZN Amazon.com Inc. Add +2.2% 0.55% +0.05
JPM JPMorgan Chase & Co. Add +1.7% 0.54% +0.02
WMT Walmart Inc. Add +2.5% 0.13% +0.02
HON Honeywell International Inc. Add +8.6% 0.12% +0.02
KMB Kimberly-Clark Corp. Add +3.2% 0.10% +0.01
DUK Duke Energy Corp. Add +2.3% 0.07% +0.00
CVX Chevron Corp. Add +0.4% 0.53% +0.00
IWM iShares Russell 2000 ETF Add +3.6% 0.23% +0.00
V Visa Inc. Class A Add +1.4% 0.14% −0.01
MCD McDonald's Corp. Add +2.3% 0.18% −0.01
LIN Linde PLC Add +0.8% 2.15% −0.09
FISV Fiserv Inc. Add +0.2% 2.15% −0.13

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 86$376.9MGOOG, MSFT, Berkshire Hathaway - B, CSCO, ROK
Q1 2026 81$342.9MGOOG, MSFT, Berkshire Hathaway - B, LHX, RTX
Q4 2025 83$358.1MMSFT, GOOG, Berkshire Hathaway - B, TMO, RTX
Q3 2025 83$358.1MMSFT, GOOG, Berkshire Hathaway - B, LHX, TMO
Q2 2025 83$340.7MMSFT, Berkshire Hathaway - B, GOOG, TMO, LHX
Q1 2025 80$328.8MMSFT, Berkshire Hathaway - B, GOOG, TMO, CHD
Q4 2024 81$333.3MMSFT, Berkshire Hathaway - B, GOOG, TMO, LHX
Q3 2024 80$341.3MMSFT, Berkshire Hathaway - B, TMO, GOOG, LHX
Q2 2024 80$326.2MMSFT, GOOG, Berkshire Hathaway - B, TMO, LHX
Q1 2024 82$329.3MMSFT, Berkshire Hathaway - B, TMO, GOOG, NSC