Mountain Pacific Investment Advisers LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Mountain Pacific Investment Advisers LLC reported 136 stock positions worth $1.4 billion. Its top holding was Fiserv (FISV) at 6.6% of the portfolio, followed by Amphenol Class A (APH, 5.4%) and Ametek (AME, 4.7%). Compared with Q3 2024, it sold out of 6, added to 17 and reduced 75. The biggest buy was Comfort Systems USA (FIX, shares +2%) and the biggest sale Danaher (DHR, shares −0%).

Most Recent 13F
Q2 2026
Location
BOISE, ID
CIK
0001067324
Portfolio Value
$1.4B (Q4 2024)
SEC Filing
0001067324-25-000001 ↗ filed Jan 16, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.4B $1.4B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $639.0M Q3 2025 Q4 2025: $617.1M Q4 2025 Q1 2026: $583.7M Q1 2026 Q2 2026: $635.4M Q2 2026

Holdings 136 stocks · $1.4B
FISV Fiserv Inc. 6.56% 454,272 $93.3M Reduce -1.6%
APH Amphenol Corp. Class A 5.37% 1,099,807 $76.4M Reduce -1.6%
AME Ametek Inc. 4.69% 369,522 $66.6M Reduce -1.1%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 3.80% 190,173 $54.0M Reduce -1.2%
IEX Idex Corp. 3.59% 244,159 $51.1M Reduce -0.1%
VRT Vertiv Holdings Co. Class A 3.41% 426,683 $48.5M Reduce -2.1%
DHR Danaher Corp. 3.40% 210,289 $48.3M Reduce -0.1%
VRSK Verisk Analytics Inc. 3.32% 171,541 $47.2M Reduce -0.9%
ATR Aptargroup Inc. 3.30% 299,019 $47.0M Reduce -0.5%
ROP Roper Technologies Inc. 3.19% 87,220 $45.3M Add +0.5%
GGG Graco Inc. 2.61% 440,634 $37.1M Reduce -0.1%
XYL Xylem Inc. 2.54% 311,092 $36.1M Add +0.5%
CSW CSW Industrials Inc. 2.50% 100,765 $35.5M Reduce -9.3%
FIX Comfort Systems USA Inc. 2.44% 81,783 $34.7M Add +1.8%
LSTR Landstar System Inc. 2.29% 189,103 $32.5M Reduce -1.4%
CHD Church & Dwight Co. Inc. 2.28% 309,391 $32.4M Reduce -0.9%
AIZ Assurant Inc. 2.25% 150,325 $32.1M Reduce -0.1%
DCI Donaldson Co. Inc. 2.23% 470,954 $31.7M Reduce -1.6%
RPM RPM International Inc. 2.10% 242,791 $29.9M Reduce -0.3%
FIS Fidelity National Info Serv 2.07% 364,214 $29.4M Reduce -0.7%
FAST Fastenal Co. 1.98% 391,372 $28.1M Reduce -0.3%
NDSN Nordson Corp. 1.97% 133,569 $27.9M Reduce -0.3%
RBC RBC Bearings Inc. 1.90% 90,430 $27.1M Reduce -1.0%
CRL Charles River Laboratories 1.80% 138,610 $25.6M Reduce -0.5%
UFPT Ufp Technologies Inc. 1.60% 93,316 $22.8M Add +0.4%
CLH Clean Harbors Inc. 1.60% 99,039 $22.8M Add +4.5%
MSA Msa Safety Inc. 1.59% 136,767 $22.7M Add +3.1%
TMO Thermo Fisher Scientific Inc. 1.56% 42,611 $22.2M Add +2.0%
FTV Fortive Corp. 1.43% 271,981 $20.4M Reduce -4.7%
KAI Kadant Inc. 1.38% 56,859 $19.6M Reduce -7.8%
FCN Fti Consulting Inc. 1.26% 93,868 $17.9M Add +41.4%
BSV Vanguard Short-Term Bond ETF 0.96% 176,874 $13.7M Reduce -0.8%
TFX Teleflex Inc. 0.95% 75,892 $13.5M Reduce -1.3%
NVT Nvent Electric PLC 0.92% 192,050 $13.1M Add +14.9%
WINA Winmark Corp. 0.86% 31,049 $12.2M No change
RRX Regal Rexnord Corp. 0.79% 72,217 $11.2M Reduce -13.4%
AIT Applied Industrial Tech Inc. 0.78% 46,155 $11.1M Add +36.6%
COST Costco Wholesale Corp. 0.67% 10,430 $9.6M Reduce -1.0%
CNMD Conmed Corp. 0.66% 137,814 $9.4M Reduce -1.8%
ZD Ziff Davis Inc. 0.61% 160,182 $8.7M Reduce -9.7%
ECL Ecolab Inc. 0.61% 37,035 $8.7M Reduce -4.0%
SPGI S&P Global Inc. 0.59% 16,819 $8.4M Reduce -3.5%
VCSH Vanguard S/T Corp. Bond ETF 0.55% 100,234 $7.8M Reduce -2.9%
VLTO Veralto Corp. 0.41% 57,558 $5.9M Add +6.4%
AAPL Apple Inc. 0.41% 23,154 $5.8M Reduce -6.5%
JPM JPMorgan Chase & Co. 0.39% 23,172 $5.6M Reduce -0.8%
MSFT Microsoft Corp. 0.37% 12,470 $5.3M Reduce -1.2%
MOD Modine Manufacturing Co. 0.37% 45,116 $5.2M Add +80.5%
ADP Automatic Data Processing 0.29% 13,881 $4.1M Reduce -0.2%
XOM Exxon Mobil Corp. 0.29% 37,698 $4.1M Reduce -0.8%
WAT Waters Corp. 0.28% 10,656 $4.0M Reduce -3.6%
PNR Pentair PLC 0.28% 39,085 $3.9M Reduce -3.3%
USB US Bancorp 0.26% 76,079 $3.6M No change
BND Vanguard Total Bond Market 0.24% 46,798 $3.4M Add +0.8%
ABBV Abbvie Inc. 0.22% 17,608 $3.1M No change
ABT Abbott Laboratories 0.21% 26,625 $3.0M No change
VUSB Vanguard Ultra Short Bond Et 0.19% 55,648 $2.8M Reduce -9.6%
JNJ Johnson & Johnson 0.19% 18,444 $2.7M Reduce -2.6%
ITW Illinois Tool Works 0.19% 10,420 $2.6M Reduce -0.5%
PG The Procter & Gamble Co. 0.18% 14,941 $2.5M Reduce -5.9%
VGSH Vanguard Short-Term Treasury 0.18% 43,011 $2.5M Reduce -0.8%
SNA Snap-on Inc. 0.17% 7,176 $2.4M Reduce -1.4%
GNRC Generac Holdings Inc. 0.16% 14,863 $2.3M Reduce -3.6%
ZBRA Zebra Technologies Corp. Class A 0.15% 5,490 $2.1M Reduce -2.5%
CBSH Commerce Bancshares Inc. 0.15% 33,531 $2.1M Add +3.1%
WMT Walmart Inc. 0.14% 22,174 $2.0M Reduce -4.2%
RSP Invesco S&P 500 Equal Weight 0.12% 9,499 $1.7M Reduce -1.1%
AMGN Amgen Inc. 0.12% 6,324 $1.6M No change
WAB Wabtec Corp. 0.11% 8,459 $1.6M Reduce -1.2%
VNT Vontier Corp. 0.11% 42,717 $1.6M Add +6.7%
MU Micron Technology Inc. 0.10% 16,628 $1.4M No change
ROST Ross Stores Inc. 0.10% 9,100 $1.4M No change
WFC Wells Fargo & Co. 0.09% 17,698 $1.2M Reduce -2.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 2,121 $1.2M Reduce -0.5%
BIV Vanguard Intermediate-Term B 0.09% 16,236 $1.2M Reduce -6.4%
V Visa Inc. Class A 0.08% 3,741 $1.2M Reduce -9.7%
ETN Eaton Corp. PLC 0.08% 3,434 $1.1M No change
HD Home Depot Inc. 0.08% 2,869 $1.1M No change
RTX RTX Corp. 0.08% 9,531 $1.1M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.08% 5,695 $1.1M Reduce -3.4%
SIGI Selective Insurance Group 0.07% 10,077 $942K Reduce -4.9%
BDX Becton Dickinson and Co. 0.06% 4,018 $912K No change
PEP Pepsico Inc. 0.06% 5,981 $909K Reduce -10.9%
BRK.B Berkshire Hathaway Inc. Class B 0.06% 1,925 $873K Reduce -20.6%
VTI VG Morningstar TS MKT ETF-US 0.06% 2,843 $824K Reduce -1.4%
ACIW Aci Worldwide Inc. 0.06% 15,812 $821K No change
AWK American Water Works Co. Inc. 0.06% 6,500 $809K Reduce -12.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 3,672 $807K No change
COF Capital One Financial Corp. 0.06% 4,448 $793K No change
CAT Caterpillar Inc. 0.06% 2,158 $783K No change
FITB Fifth Third Bancorp 0.05% 18,200 $769K No change
MCD McDonald's Corp. 0.05% 2,608 $756K Reduce -4.4%
TSLA Tesla Inc. 0.05% 1,847 $746K No change
GOOGL Alphabet Inc. Class A 0.05% 3,940 $746K No change
CHRW C.H. Robinson Worldwide Inc. 0.05% 7,000 $723K No change
RY Royal Bank of Canada 0.05% 5,694 $686K No change
AMAT Applied Materials Inc. 0.05% 4,010 $652K No change
UNP Union Pacific Corp. 0.04% 2,671 $609K No change
VOO Vanguard S&P 500 ETF 0.04% 1,125 $606K No change
CNI Canadian Natl Railway Co. 0.04% 5,850 $594K No change
HON Honeywell International Inc. 0.04% 2,626 $593K Reduce -5.6%
AXP American Express Co. 0.04% 1,845 $548K Reduce -1.3%
PNC PNC Financial Services Group 0.04% 2,786 $537K No change
KO The Coca-Cola Co. 0.04% 8,274 $515K Reduce -14.1%
CARR Carrier Global Corp. 0.04% 7,330 $500K No change
MSM MSC Industrial Direct Co. Class A 0.03% 6,503 $486K Reduce -1.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 10,786 $474K Add +10.7%
NVDA Nvidia Corp. 0.03% 3,490 $469K Reduce -0.8%
MRK Merck & Co. Inc. 0.03% 4,541 $452K No change
GOOG Alphabet Inc. Class C 0.03% 2,340 $446K Add +11.8%
CSX CSX Corp. 0.03% 13,800 $445K No change
QQQ Invesco QQQ Trust Series 1 0.03% 871 $445K No change
MIDD Middleby Corp. 0.03% 3,250 $440K Reduce -11.0%
TRV The Travelers Cos Inc. 0.03% 1,820 $438K No change
DGX Quest Diagnostics Inc. 0.03% 2,900 $437K No change
CVX Chevron Corp. 0.03% 2,867 $415K Reduce -20.4%
EMR Emerson Electric Co. 0.03% 3,300 $409K No change
AMZN Amazon.com Inc. 0.03% 1,820 $399K Reduce -7.0%
PAYX Paychex Inc. 0.03% 2,826 $396K No change
NFLX Netflix Inc. 0.03% 400 $357K No change
MA Mastercard Inc. Class A 0.02% 630 $332K Reduce -11.9%
HSIC Henry Schein Inc. 0.02% 4,700 $325K No change
CSCO Cisco Systems Inc. 0.02% 5,072 $300K No change
COP Conocophillips 0.02% 2,916 $289K No change
LLY Eli Lilly & Co. 0.02% 355 $274K Reduce -7.8%
SYK Stryker Corp. 0.02% 741 $267K Reduce -2.0%
PRU Prudential Financial Inc. 0.02% 2,240 $266K No change
RSG Republic Services Inc. 0.02% 1,310 $264K Reduce -0.4%
OTIS Otis Worldwide Corp. 0.02% 2,790 $258K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.02% 4,252 $249K No change
PFE Pfizer Inc. 0.02% 9,066 $241K Reduce -4.0%
VZ Verizon Communications Inc. 0.02% 5,915 $237K No change
TFC Truist Financial Corp. 0.02% 5,366 $233K No change
INTC Intel Corp. 0.02% 11,291 $226K Reduce -15.1%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.02% 1,950 $221K No change
GE General Electric filed as GE AEROSPACE 0.01% 1,227 $205K No change

Portfolio Sells Q3 2024 → Q4 2024
DHR Danaher Corp. Reduce -0.1% 3.40% −0.60
NDSN Nordson Corp. Reduce -0.3% 1.97% −0.44
TFX Teleflex Inc. Reduce -1.3% 0.95% −0.35
CSW CSW Industrials Inc. Reduce -9.3% 2.50% −0.28
PRFT Perficient Inc. Sold out 0.00% −0.20
LSTR Landstar System Inc. Reduce -1.4% 2.29% −0.19
DCI Donaldson Co. Inc. Reduce -1.6% 2.23% −0.18
CTLT Catalent Inc. Sold out 0.00% −0.16
RRX Regal Rexnord Corp. Reduce -13.4% 0.79% −0.16
FTV Fortive Corp. Reduce -4.7% 1.43% −0.10
CRL Charles River Laboratories Reduce -0.5% 1.80% −0.07
ECL Ecolab Inc. Reduce -4.0% 0.61% −0.06
IVV iShares Core S&P 500 ETF Sold out 0.00% −0.04
KAI Kadant Inc. Reduce -7.8% 1.38% −0.04
FIS Fidelity National Info Serv Reduce -0.7% 2.07% −0.03
SPGI S&P Global Inc. Reduce -3.5% 0.59% −0.03
CNMD Conmed Corp. Reduce -1.8% 0.66% −0.03
JNJ Johnson & Johnson Reduce -2.6% 0.19% −0.02
GGG Graco Inc. Reduce -0.1% 2.61% −0.02
XOM Exxon Mobil Corp. Reduce -0.8% 0.29% −0.02
AWK American Water Works Co. Inc. Reduce -12.2% 0.06% −0.02
UNH Unitedhealth Group Inc. Sold out 0.00% −0.02
VUSB Vanguard Ultra Short Bond Et Reduce -9.6% 0.19% −0.02
IDA Idacorp Inc. Sold out 0.00% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -20.6% 0.06% −0.01
GIS General Mills Inc. Sold out 0.00% −0.01
PEP Pepsico Inc. Reduce -10.9% 0.06% −0.01
PG The Procter & Gamble Co. Reduce -5.9% 0.18% −0.01
KO The Coca-Cola Co. Reduce -14.1% 0.04% −0.01
VCSH Vanguard S/T Corp. Bond ETF Reduce -2.9% 0.55% −0.01
BIV Vanguard Intermediate-Term B Reduce -6.4% 0.09% −0.01
CVX Chevron Corp. Reduce -20.4% 0.03% −0.01
INTC Intel Corp. Reduce -15.1% 0.02% −0.01
GNRC Generac Holdings Inc. Reduce -3.6% 0.16% −0.01
MSM MSC Industrial Direct Co. Class A Reduce -1.1% 0.03% −0.00
LLY Eli Lilly & Co. Reduce -7.8% 0.02% −0.00
MIDD Middleby Corp. Reduce -11.0% 0.03% −0.00
MCD McDonald's Corp. Reduce -4.4% 0.05% −0.00
PFE Pfizer Inc. Reduce -4.0% 0.02% −0.00
ITW Illinois Tool Works Reduce -0.5% 0.19% −0.00
SIGI Selective Insurance Group Reduce -4.9% 0.07% −0.00
MSFT Microsoft Corp. Reduce -1.2% 0.37% −0.00
MA Mastercard Inc. Class A Reduce -11.9% 0.02% −0.00
RSP Invesco S&P 500 Equal Weight Reduce -1.1% 0.12% −0.00
SYK Stryker Corp. Reduce -2.0% 0.02% +0.00
RSG Republic Services Inc. Reduce -0.4% 0.02% +0.00
VGSH Vanguard Short-Term Treasury Reduce -0.8% 0.18% +0.00
VTI VG Morningstar TS MKT ETF-US Reduce -1.4% 0.06% +0.00
HON Honeywell International Inc. Reduce -5.6% 0.04% +0.00
AMZN Amazon.com Inc. Reduce -7.0% 0.03% +0.00

Portfolio Buys Q3 2024 → Q4 2024
FIX Comfort Systems USA Inc. Add +1.8% 2.44% +0.30
AIT Applied Industrial Tech Inc. Add +36.6% 0.78% +0.26
FCN Fti Consulting Inc. Add +41.4% 1.26% +0.23
MOD Modine Manufacturing Co. Add +80.5% 0.37% +0.14
NVT Nvent Electric PLC Add +14.9% 0.92% +0.12
CLH Clean Harbors Inc. Add +4.5% 1.60% +0.04
VNT Vontier Corp. Add +6.7% 0.11% +0.02
CBSH Commerce Bancshares Inc. Add +3.1% 0.15% +0.02
GOOG Alphabet Inc. Class C Add +11.8% 0.03% +0.01
BAC Bank of America Corp. Add +10.7% 0.03% +0.01
VLTO Veralto Corp. Add +6.4% 0.41% −0.00
BND Vanguard Total Bond Market Add +0.8% 0.24% −0.00
MSA Msa Safety Inc. Add +3.1% 1.59% −0.01
ROP Roper Technologies Inc. Add +0.5% 3.19% −0.11
TMO Thermo Fisher Scientific Inc. Add +2.0% 1.56% −0.20
XYL Xylem Inc. Add +0.5% 2.54% −0.31
UFPT Ufp Technologies Inc. Add +0.4% 1.60% −0.41

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 146$635.4MAPH, AME, VRT, IEX, DHR
Q1 2026 141$583.7MAPH, AME, DHR, IEX, VRT
Q4 2025 144$617.1MAPH, AME, DHR, TMO, IEX
Q3 2025 144$639.0MAPH, AME, FISV, DHR, AJG
Q2 2025 139$1.4BAPH, FISV, AME, AJG, VRT
Q1 2025 140$1.3BFISV, APH, AME, AJG, ROP
Q4 2024 136$1.4BFISV, APH, AME, AJG, IEX
Q3 2024 142$1.5BFISV, APH, AME, DHR, AJG
Q2 2024 138$1.3BAPH, FISV, AME, DHR, AJG
Q1 2024 139$1.8BAPH, VRT, AME, FISV, IEX