M. Kraus & Co

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), M. Kraus & Co reported 83 stock positions worth $340.7 million. Its top holding was Microsoft (MSFT) at 11.2% of the portfolio, followed by Berkshire Hathaway - B (6.5%) and Alphabet Class C (GOOG, 5.4%). Compared with Q1 2025, it opened 5 new positions, sold out of 2, added to 7 and reduced 42. The biggest buy was a new position in Republic Services (RSG) and the biggest sale Thermo Fisher Scientific (TMO, shares −0%).

Most Recent 13F
Q2 2026
Location
SHELBURNE, VT
CIK
0001593688
Portfolio Value
$340.7M (Q2 2025)
SEC Filing
0001593688-25-000004 ↗ filed Jul 24, 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 Q1 2025 Q2 2025: $340.7M $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 83 stocks · $340.7M
MSFT Microsoft Corp. 11.17% 76,516 $38.1M Reduce -1.0%
Berkshire Hathaway - B 6.55% 45,909 $22.3M Reduce -0.4%
GOOG Alphabet Inc. Class C 5.42% 104,013 $18.5M Reduce -0.7%
TMO Thermo Fisher Scientific Inc. 3.70% 31,077 $12.6M Reduce -0.4%
LHX L3HARRIS Technologies Inc. 3.66% 49,643 $12.5M Reduce -1.1%
RTX RTX Corp. 3.43% 80,077 $11.7M Reduce -1.4%
NSC Norfolk Southern Corp. 3.28% 43,628 $11.2M Reduce -0.8%
ROK Rockwell Automation Inc. 3.18% 32,586 $10.8M Reduce -0.3%
CARR Carrier Global Corp. 3.13% 145,641 $10.7M Reduce -1.6%
CSCO Cisco Systems Inc. 3.10% 152,303 $10.6M Reduce -1.1%
ABT Abbott Laboratories 3.08% 77,190 $10.5M Reduce -1.5%
ECL Ecolab Inc. 2.98% 37,666 $10.1M Reduce -0.7%
ITW Illinois Tool Works 2.88% 39,647 $9.8M Reduce -2.6%
CHD Church & Dwight Co. Inc. 2.88% 101,962 $9.8M Reduce -1.4%
NEE Nextera Energy Inc. 2.80% 137,181 $9.5M Reduce -1.2%
PG The Procter & Gamble Co. 2.76% 59,094 $9.4M Reduce -1.7%
FISV Fiserv Inc. 2.35% 46,484 $8.0M Add +0.9%
MDLZ Mondelez International Inc. Class A 2.34% 118,381 $8.0M Reduce -0.7%
JNJ Johnson & Johnson 2.27% 50,637 $7.7M Reduce -1.4%
ABBV Abbvie Inc. 2.18% 39,923 $7.4M Add +0.6%
LIN Linde PLC 2.17% 15,764 $7.4M Add +0.3%
PEP Pepsico Inc. 2.11% 54,545 $7.2M Reduce -2.7%
ENB Enbridge Inc. 1.92% 144,259 $6.5M Add +1.2%
MCHP Microchip Technology Inc. 1.91% 92,410 $6.5M Reduce -4.8%
AVGO Broadcom Inc. 1.91% 23,555 $6.5M Reduce -1.2%
ACN Accenture PLC Class A 1.68% 19,146 $5.7M Reduce -1.7%
AAPL Apple Inc. 1.61% 26,763 $5.5M Reduce -0.1%
ADBE Adobe Inc. 0.85% 7,483 $2.9M Reduce -1.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.82% 22,522 $2.8M Reduce -6.1%
OTIS Otis Worldwide Corp. 0.76% 26,028 $2.6M Reduce -1.2%
JPM JPMorgan Chase & Co. 0.73% 8,572 $2.5M No change
BDX Becton Dickinson and Co. 0.71% 14,033 $2.4M Reduce -14.1%
VZ Verizon Communications Inc. 0.68% 53,823 $2.3M Reduce -0.7%
AMZN Amazon.com Inc. 0.59% 9,213 $2.0M No change
COP Conocophillips 0.51% 19,536 $1.8M Reduce -1.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.49% 5,637 $1.7M Reduce -0.4%
CVX Chevron Corp. 0.41% 9,772 $1.4M Reduce -4.1%
ETN Eaton Corporation 0.40% 3,796 $1.4M Add +22.6%
GOOGL Alphabet Inc. Class A 0.33% 6,386 $1.1M No change
NVDA Nvidia Corp. 0.31% 6,715 $1.1M No change
AMGN Amgen Inc. 0.29% 3,499 $977K No change
MRK Merck & Co. Inc. 0.27% 11,542 $914K Reduce -2.9%
MA Mastercard Inc. Class A 0.26% 1,581 $888K Reduce -1.1%
GLD SPDR Gold Shares 0.26% 2,865 $873K Add +3.6%
HD Home Depot Inc. 0.25% 2,351 $862K No change
XOM Exxon Mobil Corp. 0.25% 7,914 $853K No change
COST Costco Wholesale Corp. 0.24% 820 $812K No change
MDY State Street SPDR S&P Midcap 0.23% 1,375 $779K No change
LLY Eli Lilly & Co. 0.22% 960 $748K Reduce -2.5%
IWM iShares Russell 2000 ETF 0.19% 2,925 $631K No change
MCD McDonald's Corp. 0.18% 2,097 $613K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.18% 986 $609K Add +24.6%
WMT Walmart Inc. 0.17% 6,084 $595K No change
RSG Republic Services Inc. 0.17% 2,402 $592K New
V Visa Inc. Class A 0.17% 1,668 $592K No change
QDF NT Qual Div ETF 0.17% 8,000 $585K No change
VTI VG Morningstar TS MKT ETF-US 0.15% 1,724 $524K No change
KO The Coca-Cola Co. 0.14% 6,888 $487K No change
ORCL Oracle Corp. 0.13% 2,099 $459K No change
PFE Pfizer Inc. 0.13% 18,797 $456K Reduce -1.5%
PAYX Paychex Inc. 0.13% 2,964 $431K Reduce -0.3%
HON Honeywell International Inc. 0.12% 1,812 $422K Reduce -0.3%
UNP Union Pacific Corp. 0.12% 1,747 $402K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.10% 2,866 $354K No change
NFLX Netflix Inc. 0.10% 261 $350K No change
PM Philip Morris International 0.10% 1,895 $345K Reduce -20.9%
Yum! Brands, Inc. 0.10% 2,292 $340K Reduce -1.1%
IVW iShares S&P 500 Growth ETF 0.10% 3,000 $330K Reduce -3.2%
DOV Dover Corp. 0.09% 1,750 $321K No change
MMM 3M Co. 0.09% 1,965 $299K Reduce -26.3%
American Express Co. 0.08% 841 $268K No change
KMB Kimberly-Clark Corp. 0.08% 2,078 $268K Reduce -0.2%
GD General Dynamics Corp. 0.08% 906 $264K No change
DUK Duke Energy Corp. 0.08% 2,229 $263K No change
VOO Vanguard S&P 500 ETF 0.07% 450 $256K No change
SYK Stryker Corp. 0.07% 618 $244K No change
DCI Donaldson Co. Inc. 0.07% 3,443 $239K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.07% 532 $233K New
META Meta Platforms Inc. Class A 0.07% 312 $230K New
MO Altria Group Inc. 0.06% 3,600 $211K No change
WFC Wells Fargo & Co. 0.06% 2,539 $203K New
DE Deere & Co. 0.06% 398 $202K New
GoLogiq Inc - Restricted Share 0.00% 17,000 $0 No change

Portfolio Sells Q1 2025 → Q2 2025
TMO Thermo Fisher Scientific Inc. Reduce -0.4% 3.70% −1.02
Berkshire Hathaway - B Reduce -0.4% 6.55% −0.92
CHD Church & Dwight Co. Inc. Reduce -1.4% 2.88% −0.59
PEP Pepsico Inc. Reduce -2.7% 2.11% −0.44
BDX Becton Dickinson and Co. Reduce -14.1% 0.71% −0.43
PG The Procter & Gamble Co. Reduce -1.7% 2.76% −0.35
JNJ Johnson & Johnson Reduce -1.4% 2.27% −0.32
NEE Nextera Energy Inc. Reduce -1.2% 2.80% −0.20
AAPL Apple Inc. Reduce -0.1% 1.61% −0.20
ITW Illinois Tool Works Reduce -2.6% 2.88% −0.19
ACN Accenture PLC Class A Reduce -1.7% 1.68% −0.17
COP Conocophillips Reduce -1.6% 0.51% −0.12
MDLZ Mondelez International Inc. Class A Reduce -0.7% 2.34% −0.12
CVX Chevron Corp. Reduce -4.1% 0.41% −0.11
UNH Unitedhealth Group Inc. Sold out 0.00% −0.09
ABT Abbott Laboratories Reduce -1.5% 3.08% −0.08
OTIS Otis Worldwide Corp. Reduce -1.2% 0.76% −0.07
VZ Verizon Communications Inc. Reduce -0.7% 0.68% −0.06
EPD Enterprise Products Partners Sold out 0.00% −0.06
MRK Merck & Co. Inc. Reduce -2.9% 0.27% −0.06
ADBE Adobe Inc. Reduce -1.6% 0.85% −0.04
MMM 3M Co. Reduce -26.3% 0.09% −0.03
LLY Eli Lilly & Co. Reduce -2.5% 0.22% −0.03
PM Philip Morris International Reduce -20.9% 0.10% −0.01
PFE Pfizer Inc. Reduce -1.5% 0.13% −0.01
PAYX Paychex Inc. Reduce -0.3% 0.13% −0.01
KMB Kimberly-Clark Corp. Reduce -0.2% 0.08% −0.01
Yum! Brands, Inc. Reduce -1.1% 0.10% −0.01
MA Mastercard Inc. Class A Reduce -1.1% 0.26% −0.01
HON Honeywell International Inc. Reduce -0.3% 0.12% +0.01
IVW iShares S&P 500 Growth ETF Reduce -3.2% 0.10% +0.01
ECL Ecolab Inc. Reduce -0.7% 2.98% +0.05
IBM Intl Business Machines Corp. Reduce -0.4% 0.49% +0.06
DIS The Walt Disney Co. Reduce -6.1% 0.82% +0.10
NSC Norfolk Southern Corp. Reduce -0.8% 3.28% +0.11
RTX RTX Corp. Reduce -1.4% 3.43% +0.16
CSCO Cisco Systems Inc. Reduce -1.1% 3.10% +0.21
CARR Carrier Global Corp. Reduce -1.6% 3.13% +0.27
GOOG Alphabet Inc. Class C Reduce -0.7% 5.42% +0.44
LHX L3HARRIS Technologies Inc. Reduce -1.1% 3.66% +0.46
MCHP Microchip Technology Inc. Reduce -4.8% 1.91% +0.48
ROK Rockwell Automation Inc. Reduce -0.3% 3.18% +0.61
AVGO Broadcom Inc. Reduce -1.2% 1.91% +0.69
MSFT Microsoft Corp. Reduce -1.0% 11.17% +2.35

Portfolio Buys Q1 2025 → Q2 2025
RSG Republic Services Inc. New 0.17% +0.17
ETN Eaton Corporation Add +22.6% 0.40% +0.14
VUG Vanguard Mrngstar GR ETF-Sui New 0.07% +0.07
META Meta Platforms Inc. Class A New 0.07% +0.07
WFC Wells Fargo & Co. New 0.06% +0.06
DE Deere & Co. New 0.06% +0.06
SPY SS SPDR S&P 500 ETF Trust-US Add +24.6% 0.18% +0.04
GLD SPDR Gold Shares Add +3.6% 0.26% +0.01
ENB Enbridge Inc. Add +1.2% 1.92% −0.00
LIN Linde PLC Add +0.3% 2.17% −0.06
ABBV Abbvie Inc. Add +0.6% 2.18% −0.35
FISV Fiserv Inc. Add +0.9% 2.35% −0.74

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