M. Kraus & Co

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), M. Kraus & Co reported 80 stock positions worth $328.8 million. Its top holding was Microsoft (MSFT) at 8.8% of the portfolio, followed by Berkshire Hathaway - B (7.5%) and Alphabet Class C (GOOG, 5.0%). Compared with Q4 2024, it opened 2 new positions, sold out of 3, added to 11 and reduced 42. The biggest buy was Linde (LIN, shares +0%) and the biggest sale Becton Dickinson and (BDX, shares −29%).

Most Recent 13F
Q2 2026
Location
SHELBURNE, VT
CIK
0001593688
Portfolio Value
$328.8M (Q1 2025)
SEC Filing
0001593688-25-000002 ↗ filed Apr 17, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $329.3M Q1 2024 Q2 2024: $326.2M Q2 2024 Q3 2024: $341.3M Q3 2024 Q4 2024: $333.3M Q4 2024 Q1 2025: $328.8M $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 · $328.8M
MSFT Microsoft Corp. 8.83% 77,313 $29.0M Add +0.2%
Berkshire Hathaway - B 7.47% 46,107 $24.6M Reduce -0.7%
GOOG Alphabet Inc. Class C 4.98% 104,749 $16.4M Add +0.2%
TMO Thermo Fisher Scientific Inc. 4.72% 31,215 $15.5M Add +0.0%
CHD Church & Dwight Co. Inc. 3.46% 103,452 $11.4M Add +1.3%
RTX RTX Corp. 3.27% 81,224 $10.8M Reduce -1.4%
LHX L3HARRIS Technologies Inc. 3.19% 50,174 $10.5M Reduce -1.6%
NSC Norfolk Southern Corp. 3.17% 43,981 $10.4M Reduce -1.9%
ABT Abbott Laboratories 3.16% 78,394 $10.4M Reduce -3.0%
PG The Procter & Gamble Co. 3.11% 60,103 $10.2M Reduce -1.2%
FISV Fiserv Inc. 3.09% 46,046 $10.2M Reduce -0.4%
ITW Illinois Tool Works 3.07% 40,714 $10.1M Reduce -2.5%
NEE Nextera Energy Inc. 2.99% 138,866 $9.8M Reduce -1.3%
ECL Ecolab Inc. 2.93% 37,946 $9.6M Reduce -2.6%
CSCO Cisco Systems Inc. 2.89% 153,953 $9.5M Reduce -0.3%
CARR Carrier Global Corp. 2.85% 148,061 $9.4M Reduce -0.1%
JNJ Johnson & Johnson 2.59% 51,371 $8.5M Reduce -0.6%
ROK Rockwell Automation Inc. 2.57% 32,696 $8.4M Reduce -1.6%
PEP Pepsico Inc. 2.56% 56,073 $8.4M Add +1.2%
ABBV Abbvie Inc. 2.53% 39,689 $8.3M Reduce -2.0%
MDLZ Mondelez International Inc. Class A 2.46% 119,249 $8.1M Reduce -2.2%
LIN Linde PLC 2.23% 15,725 $7.3M Add +0.4%
ENB Enbridge Inc. 1.92% 142,584 $6.3M Reduce -0.1%
ACN Accenture PLC Class A 1.85% 19,470 $6.1M Add +1.0%
AAPL Apple Inc. 1.81% 26,778 $5.9M Reduce -1.5%
MCHP Microchip Technology Inc. 1.43% 97,060 $4.7M Reduce -1.4%
AVGO Broadcom Inc. 1.21% 23,842 $4.0M No change
BDX Becton Dickinson and Co. 1.14% 16,335 $3.7M Reduce -28.9%
ADBE Adobe Inc. 0.89% 7,608 $2.9M Add +3.0%
OTIS Otis Worldwide Corp. 0.83% 26,345 $2.7M Reduce -7.9%
VZ Verizon Communications Inc. 0.75% 54,210 $2.5M Reduce -9.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.72% 23,975 $2.4M Reduce -8.6%
JPM JPMorgan Chase & Co. 0.64% 8,572 $2.1M Reduce -0.5%
COP Conocophillips 0.63% 19,848 $2.1M Reduce -0.1%
AMZN Amazon.com Inc. 0.53% 9,213 $1.8M Reduce -0.1%
CVX Chevron Corp. 0.52% 10,187 $1.7M Reduce -1.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.43% 5,662 $1.4M Add +0.2%
AMGN Amgen Inc. 0.33% 3,499 $1.1M Reduce -1.6%
MRK Merck & Co. Inc. 0.32% 11,892 $1.1M No change
GOOGL Alphabet Inc. Class A 0.30% 6,386 $988K Reduce -0.5%
XOM Exxon Mobil Corp. 0.29% 7,914 $941K No change
MA Mastercard Inc. Class A 0.27% 1,598 $876K Reduce -0.3%
HD Home Depot Inc. 0.26% 2,351 $862K Reduce -0.8%
ETN Eaton Corporation 0.26% 3,097 $842K Add +79.1%
LLY Eli Lilly & Co. 0.25% 985 $814K No change
GLD SPDR Gold Shares 0.24% 2,765 $797K No change
COST Costco Wholesale Corp. 0.24% 820 $776K No change
MDY State Street SPDR S&P Midcap 0.22% 1,375 $734K Reduce -19.1%
NVDA Nvidia Corp. 0.22% 6,715 $728K Reduce -0.6%
MCD McDonald's Corp. 0.20% 2,097 $655K Reduce -1.4%
V Visa Inc. Class A 0.18% 1,668 $585K Reduce -0.9%
IWM iShares Russell 2000 ETF 0.18% 2,925 $584K Reduce -7.9%
QDF NT Qual Div ETF 0.17% 8,000 $547K Reduce -11.1%
WMT Walmart Inc. 0.16% 6,084 $534K No change
KO The Coca-Cola Co. 0.15% 6,888 $493K No change
PFE Pfizer Inc. 0.15% 19,091 $484K Reduce -0.7%
VTI VG Morningstar TS MKT ETF-US 0.14% 1,724 $474K Reduce -1.1%
PAYX Paychex Inc. 0.14% 2,974 $459K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 791 $442K Add +85.7%
UNP Union Pacific Corp. 0.13% 1,747 $413K No change
MMM 3M Co. 0.12% 2,665 $391K No change
HON Honeywell International Inc. 0.12% 1,817 $385K No change
PM Philip Morris International 0.12% 2,395 $380K No change
Yum! Brands, Inc. 0.11% 2,317 $365K Reduce -0.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.11% 2,866 $349K No change
DOV Dover Corp. 0.09% 1,750 $307K No change
UNH Unitedhealth Group Inc. 0.09% 575 $301K Reduce -0.3%
KMB Kimberly-Clark Corp. 0.09% 2,083 $296K No change
ORCL Oracle Corp. 0.09% 2,099 $293K No change
IVW iShares S&P 500 Growth ETF 0.09% 3,100 $288K No change
DUK Duke Energy Corp. 0.08% 2,229 $272K No change
GD General Dynamics Corp. 0.08% 906 $247K No change
NFLX Netflix Inc. 0.07% 261 $243K No change
VOO Vanguard S&P 500 ETF 0.07% 450 $231K No change
DCI Donaldson Co. Inc. 0.07% 3,443 $231K No change
SYK Stryker Corp. 0.07% 618 $230K No change
American Express Co. 0.07% 841 $226K Reduce -1.2%
MO Altria Group Inc. 0.07% 3,600 $216K New
EPD Enterprise Products Partners 0.06% 5,933 $203K New
GoLogiq Inc - Restricted Share 0.00% 17,000 $0 No change

Portfolio Sells Q4 2024 → Q1 2025
BDX Becton Dickinson and Co. Reduce -28.9% 1.14% −0.43
ROK Rockwell Automation Inc. Reduce -1.6% 2.57% −0.28
MCHP Microchip Technology Inc. Reduce -1.4% 1.43% −0.26
AAPL Apple Inc. Reduce -1.5% 1.81% −0.23
CARR Carrier Global Corp. Reduce -0.1% 2.85% −0.18
DIS The Walt Disney Co. Reduce -8.6% 0.72% −0.16
ITW Illinois Tool Works Reduce -2.5% 3.07% −0.11
AMZN Amazon.com Inc. Reduce -0.1% 0.53% −0.07
MDY State Street SPDR S&P Midcap Reduce -19.1% 0.22% −0.07
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.07
GOOGL Alphabet Inc. Class A Reduce -0.5% 0.30% −0.06
NKE Nike Inc. Class B Sold out 0.00% −0.06
BIP Brookfield Infrastructure Pa Sold out 0.00% −0.06
NVDA Nvidia Corp. Reduce -0.6% 0.22% −0.05
IWM iShares Russell 2000 ETF Reduce -7.9% 0.18% −0.03
NEE Nextera Energy Inc. Reduce -1.3% 2.99% −0.03
QDF NT Qual Div ETF Reduce -11.1% 0.17% −0.02
LHX L3HARRIS Technologies Inc. Reduce -1.6% 3.19% −0.02
HD Home Depot Inc. Reduce -0.8% 0.26% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -1.1% 0.14% −0.01
American Express Co. Reduce -1.2% 0.07% −0.01
PFE Pfizer Inc. Reduce -0.7% 0.15% −0.01
UNH Unitedhealth Group Inc. Reduce -0.3% 0.09% +0.00
NSC Norfolk Southern Corp. Reduce -1.9% 3.17% +0.01
MA Mastercard Inc. Class A Reduce -0.3% 0.27% +0.01
MCD McDonald's Corp. Reduce -1.4% 0.20% +0.01
Yum! Brands, Inc. Reduce -0.6% 0.11% +0.02
V Visa Inc. Class A Reduce -0.9% 0.18% +0.02
JPM JPMorgan Chase & Co. Reduce -0.5% 0.64% +0.02
OTIS Otis Worldwide Corp. Reduce -7.9% 0.83% +0.03
VZ Verizon Communications Inc. Reduce -9.1% 0.75% +0.03
COP Conocophillips Reduce -0.1% 0.63% +0.04
AMGN Amgen Inc. Reduce -1.6% 0.33% +0.05
PG The Procter & Gamble Co. Reduce -1.2% 3.11% +0.05
CVX Chevron Corp. Reduce -1.6% 0.52% +0.07
ENB Enbridge Inc. Reduce -0.1% 1.92% +0.10
CSCO Cisco Systems Inc. Reduce -0.3% 2.89% +0.15
ECL Ecolab Inc. Reduce -2.6% 2.93% +0.19
FISV Fiserv Inc. Reduce -0.4% 3.09% +0.24
MDLZ Mondelez International Inc. Class A Reduce -2.2% 2.46% +0.27
JNJ Johnson & Johnson Reduce -0.6% 2.59% +0.35
ABBV Abbvie Inc. Reduce -2.0% 2.53% +0.37
RTX RTX Corp. Reduce -1.4% 3.27% +0.41
ABT Abbott Laboratories Reduce -3.0% 3.16% +0.42
Berkshire Hathaway - B Reduce -0.7% 7.47% +1.15

Portfolio Buys Q4 2024 → Q1 2025
LIN Linde PLC Add +0.4% 2.23% +0.26
CHD Church & Dwight Co. Inc. Add +1.3% 3.46% +0.25
ETN Eaton Corporation Add +79.1% 0.26% +0.08
MO Altria Group Inc. New 0.07% +0.07
EPD Enterprise Products Partners New 0.06% +0.06
SPY SS SPDR S&P 500 ETF Trust-US Add +85.7% 0.13% +0.06
IBM Intl Business Machines Corp. Add +0.2% 0.43% +0.06
PEP Pepsico Inc. Add +1.2% 2.56% +0.03
ADBE Adobe Inc. Add +3.0% 0.89% −0.10
TMO Thermo Fisher Scientific Inc. Add +0.0% 4.72% −0.15
ACN Accenture PLC Class A Add +1.0% 1.85% −0.19
MSFT Microsoft Corp. Add +0.2% 8.83% −0.94
GOOG Alphabet Inc. Class C Add +0.2% 4.98% −1.00

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