Norris Perne & French LLP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), Norris Perne & French LLP reported 144 stock positions worth $1.4 billion. Its top holding was Microsoft (MSFT) at 7.0% of the portfolio, followed by Alphabet Class A (GOOGL, 4.5%) and Berkshire Hathaway Class B (BRK.B, 4.1%). Compared with Q4 2023, it opened 15 new positions, sold out of 5, added to 51 and reduced 47. The biggest buy was a new position in Tyler Technologies (TYL) and the biggest sale Costco Wholesale (COST, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- GRAND RAPIDS, MI
- CIK
- 0001092290
- Portfolio Value
- $1.4B (Q1 2024)
- SEC Filing
- 0001092290-24-000006 ↗ filed Apr 16, 2024
Holdings Value
Holdings 144 stocks · $1.4B
| MSFT Microsoft Corp. | 7.03% | 231,665 | $97.5M | Reduce -2.2% |
| GOOGL Alphabet Inc. Class A | 4.54% | 417,534 | $63.0M | Reduce -2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.13% | 136,159 | $57.3M | Reduce -1.9% |
| AMAT Applied Materials Inc. | 2.99% | 201,136 | $41.5M | Reduce -5.4% |
| ALSN Allison Transmission Holding | 2.91% | 497,483 | $40.4M | Reduce -1.5% |
| PWR Quanta Services Inc. | 2.88% | 153,844 | $40.0M | Reduce -1.3% |
| LIN Linde PLC | 2.80% | 83,670 | $38.8M | Reduce -1.5% |
| AMZN Amazon.com Inc. | 2.63% | 201,924 | $36.4M | Add +13.0% |
| CRL Charles River Laboratories | 2.51% | 128,630 | $34.9M | Reduce -2.5% |
| V Visa Inc. Class A | 2.47% | 122,754 | $34.3M | Reduce -0.0% |
| IVV iShares Core S&P 500 ETF | 2.43% | 64,103 | $33.7M | Reduce -2.3% |
| LNG Cheniere Energy Inc. | 2.38% | 204,614 | $33.0M | Add +1.3% |
| ECL Ecolab Inc. | 2.25% | 134,982 | $31.2M | Reduce -3.3% |
| SO The Southern Co. | 2.03% | 393,082 | $28.2M | Add +2.5% |
| MRK Merck & Co. Inc. | 1.94% | 203,716 | $26.9M | Add +0.3% |
| COHR Coherent Corp. | 1.83% | 418,753 | $25.4M | Reduce -6.1% |
| FAST Fastenal Co. | 1.63% | 293,207 | $22.6M | Reduce -1.5% |
| UNP Union Pacific Corp. | 1.63% | 91,748 | $22.6M | Add +1.5% |
| ADBE Adobe Inc. | 1.60% | 44,075 | $22.2M | Reduce -1.9% |
| HUBS HubSpot Inc. | 1.53% | 33,848 | $21.2M | Reduce -3.5% |
| MCO Moody's Corp. | 1.51% | 53,192 | $20.9M | Add +0.8% |
| TMO Thermo Fisher Scientific Inc. | 1.50% | 35,784 | $20.8M | Reduce -2.7% |
| LHX L3HARRIS Technologies Inc. | 1.49% | 96,757 | $20.6M | Add +1.0% |
| HD Home Depot Inc. | 1.46% | 52,865 | $20.3M | Add +0.6% |
| DHR Danaher Corp. | 1.42% | 78,772 | $19.7M | Add +2.1% |
| VRSK Verisk Analytics Inc. | 1.41% | 83,014 | $19.6M | Add +0.6% |
| MSI Motorola Solutions Inc. | 1.40% | 54,616 | $19.4M | Add +0.2% |
| BALL Ball Corp. | 1.39% | 286,412 | $19.3M | Reduce -0.9% |
| TXN Texas Instruments Inc. | 1.35% | 107,600 | $18.7M | Add +0.8% |
| KNX Knight-Swift Transportation | 1.35% | 339,311 | $18.7M | Add +1.6% |
| DLTR Dollar Tree Inc. | 1.30% | 135,676 | $18.1M | Add +1.9% |
| SSNC Ss&c Technologies Holdings | 1.29% | 279,097 | $18.0M | Add +24.9% |
| QLYS Qualys Inc. | 1.29% | 106,961 | $17.8M | Reduce -24.2% |
| DLB Dolby Laboratories Inc. Class A | 1.26% | 208,565 | $17.5M | Add +2.8% |
| EPAM Epam Systems Inc. | 1.24% | 62,175 | $17.2M | Add +53.9% |
| CTLT Catalent Inc. | 1.24% | 304,003 | $17.2M | Add +0.0% |
| JNJ Johnson & Johnson | 1.22% | 107,328 | $17.0M | Add +4.1% |
| ABT Abbott Laboratories | 1.18% | 144,344 | $16.4M | Add +1.2% |
| ITW Illinois Tool Works | 1.17% | 60,693 | $16.3M | Add +0.2% |
| KVUE Kenvue Inc. | 1.17% | 755,567 | $16.2M | Add +2.1% |
| TRMB Trimble Inc. | 1.16% | 250,468 | $16.1M | Add +1.7% |
| NDSN Nordson Corp. | 1.16% | 58,408 | $16.0M | Add +0.3% |
| KLAC KLA Corp. | 1.12% | 22,319 | $15.6M | Reduce -5.7% |
| IJH iShares Core S&P Midcap ETF | 1.12% | 255,814 | $15.5M | Add +1.7% |
| AAPL Apple Inc. | 1.11% | 90,193 | $15.5M | Reduce -2.8% |
| ZBRA Zebra Technologies Corp. Class A | 1.08% | 49,565 | $14.9M | Add +4.6% |
| CDW CDW Corp. | 0.99% | 53,942 | $13.8M | Reduce -0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.96% | 130,728 | $13.3M | Add +1.6% |
| VEA Vanguard Ftse Developed ETF | 0.90% | 249,454 | $12.5M | Reduce -4.2% |
| AVTR Avantor Inc. | 0.88% | 480,117 | $12.3M | Add +2.8% |
| IJR iShares Core S&P Small-Cap E | 0.88% | 111,063 | $12.3M | Add +3.7% |
| NKE Nike Inc. Class B | 0.71% | 104,997 | $9.9M | Add +3.1% |
| TYL Tyler Technologies Inc. | 0.63% | 20,481 | $8.7M | New |
| MKTX Marketaxess Holdings Inc. | 0.55% | 34,876 | $7.6M | Add +5.1% |
| IWV iShares Russell 3000 ETF | 0.49% | 22,870 | $6.9M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.40% | 131,966 | $5.5M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 0.39% | 7,399 | $5.4M | Reduce -79.9% |
| IWD iShares Russell 1000 Value E | 0.38% | 29,244 | $5.2M | Reduce -2.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.34% | 13,523 | $4.7M | Reduce -1.5% |
| GOOG Alphabet Inc. Class C | 0.32% | 29,366 | $4.5M | Reduce -7.1% |
| EFG iShares MSCI Eafe Growth ETF | 0.30% | 39,870 | $4.1M | Reduce -0.8% |
| CCC CCC Intelligent Solutions Ho | 0.22% | 257,870 | $3.1M | New |
| WM Waste Management Inc. | 0.19% | 12,633 | $2.7M | Add +200.0% |
| JPM JPMorgan Chase & Co. | 0.16% | 10,979 | $2.2M | Reduce -0.4% |
| IWF iShares Russell 1000 Growth | 0.16% | 6,416 | $2.2M | Add +2.5% |
| CPRT Copart Inc. | 0.13% | 31,166 | $1.8M | No change |
| NVDA Nvidia Corp. | 0.10% | 1,610 | $1.5M | Reduce -6.4% |
| PEP Pepsico Inc. | 0.08% | 6,485 | $1.1M | Add +13.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.08% | 18,072 | $1.1M | No change |
| IAU iShares Gold Trust | 0.07% | 24,585 | $1.0M | Reduce -1.1% |
| SYK Stryker Corp. | 0.07% | 2,689 | $962K | Add +3.6% |
| FBND Fidelity Total Bond ETF | 0.07% | 20,455 | $927K | Add +20.2% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.06% | 66,493 | $883K | Reduce -1.6% |
| GNTX Gentex Corp. | 0.06% | 21,994 | $794K | No change |
| CHD Church & Dwight Co. Inc. | 0.06% | 7,600 | $793K | No change |
| ORCL Oracle Corp. | 0.05% | 6,065 | $762K | Add +15.7% |
| KO The Coca-Cola Co. | 0.05% | 11,430 | $699K | Add +5.4% |
| PAYX Paychex Inc. | 0.05% | 5,455 | $670K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 3,486 | $666K | Add +1.5% |
| NSC Norfolk Southern Corp. | 0.05% | 2,590 | $660K | Reduce -3.7% |
| LECO Lincoln Electric Holdings | 0.05% | 2,580 | $659K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.05% | 1 | $634K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.04% | 1,188 | $621K | Reduce -2.7% |
| WMT Walmart Inc. | 0.04% | 10,257 | $617K | Add +13.3% |
| NFLX Netflix Inc. | 0.04% | 975 | $592K | No change |
| ISRG Intuitive Surgical Inc. | 0.04% | 1,441 | $575K | Add +4.2% |
| XOM Exxon Mobil Corp. | 0.04% | 4,811 | $559K | Add +17.1% |
| COP Conocophillips | 0.04% | 4,364 | $555K | No change |
| IWY iShares Russell Top 200 Grow | 0.04% | 2,800 | $546K | No change |
| PG The Procter & Gamble Co. | 0.04% | 3,145 | $510K | Add +26.3% |
| ITOT iShares Core S&P Total U.S. | 0.04% | 4,215 | $486K | Reduce -1.2% |
| FLTB Fidelity Ltd. TRM BND ETF | 0.04% | 9,894 | $485K | Reduce -87.2% |
| ABBV Abbvie Inc. | 0.04% | 2,663 | $485K | Reduce -8.1% |
| MA Mastercard Inc. Class A | 0.03% | 959 | $462K | Add +3.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.03% | 1,990 | $455K | No change |
| LKQ LKQ Corp. | 0.03% | 8,400 | $449K | No change |
| RTX RTX Corp. | 0.03% | 4,393 | $428K | Add +21.9% |
| VNQ Vanguard Real Estate ETF | 0.03% | 4,790 | $414K | Add +1.9% |
| LMT Lockheed Martin Corp. | 0.03% | 905 | $412K | No change |
| APH Amphenol Corp. Class A | 0.03% | 3,462 | $399K | Reduce -6.5% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $7.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 5,485 | $6.7M | Reduce -2.4% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 428 | $511K | No change |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q4 2023 → Q1 2024
| COST Costco Wholesale Corp. | Reduce -79.9% | 0.39% | −1.50 |
| QLYS Qualys Inc. | Reduce -24.2% | 1.29% | −0.87 |
| ADBE Adobe Inc. | Reduce -1.9% | 1.60% | −0.48 |
| AAPL Apple Inc. | Reduce -2.8% | 1.11% | −0.28 |
| FLTB Fidelity Ltd. TRM BND ETF | Reduce -87.2% | 0.04% | −0.26 |
| GOOGL Alphabet Inc. Class A | Reduce -2.7% | 4.54% | −0.12 |
| VEA Vanguard Ftse Developed ETF | Reduce -4.2% | 0.90% | −0.07 |
| HUBS HubSpot Inc. | Reduce -3.5% | 1.53% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.7% | 0.40% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -7.1% | 0.32% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.02 |
| MLKN Millerknoll Inc. | Sold out | 0.00% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.7% | 1.50% | −0.02 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.02 |
| V Visa Inc. Class A | Reduce -0.0% | 2.47% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.02 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.02 |
| IVV iShares Core S&P 500 ETF | Reduce -2.3% | 2.43% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -2.3% | 0.38% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -25.9% | 0.02% | −0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -16.8% | 0.02% | −0.01 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -0.8% | 0.30% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -21.3% | 0.02% | −0.00 |
| MDLZ Mondelez International Inc. Class A | Reduce -9.5% | 0.02% | −0.00 |
| CNI Canadian Natl Railway Co. | Reduce -12.3% | 0.02% | −0.00 |
| NSC Norfolk Southern Corp. | Reduce -3.7% | 0.05% | −0.00 |
| PH Parker Hannifin Corp. | Reduce -13.9% | 0.03% | −0.00 |
| IAU iShares Gold Trust | Reduce -1.1% | 0.07% | −0.00 |
| FITB Fifth Third Bancorp | Reduce -3.5% | 0.02% | −0.00 |
| F Ford Motor Co. | Reduce -1.6% | 0.06% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.7% | 0.04% | −0.00 |
| ABBV Abbvie Inc. | Reduce -8.1% | 0.04% | 0.00 |
| ITOT iShares Core S&P Total U.S. | Reduce -1.2% | 0.04% | +0.00 |
| APH Amphenol Corp. Class A | Reduce -6.5% | 0.03% | +0.00 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -4.5% | 0.03% | +0.00 |
| BAC Bank of America Corp. | Reduce -0.5% | 0.02% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.5% | 0.34% | +0.00 |
| JPM JPMorgan Chase & Co. | Reduce -0.4% | 0.16% | +0.01 |
| CDW CDW Corp. | Reduce -0.3% | 0.99% | +0.04 |
| NVDA Nvidia Corp. | Reduce -6.4% | 0.10% | +0.04 |
| KLAC KLA Corp. | Reduce -5.7% | 1.12% | +0.05 |
| CRL Charles River Laboratories | Reduce -2.5% | 2.51% | +0.08 |
| LIN Linde PLC | Reduce -1.5% | 2.80% | +0.09 |
| ECL Ecolab Inc. | Reduce -3.3% | 2.25% | +0.09 |
| MSFT Microsoft Corp. | Reduce -2.2% | 7.03% | +0.10 |
| BALL Ball Corp. | Reduce -0.9% | 1.39% | +0.10 |
| FAST Fastenal Co. | Reduce -1.5% | 1.63% | +0.13 |
| PWR Quanta Services Inc. | Reduce -1.3% | 2.88% | +0.26 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.9% | 4.13% | +0.27 |
| AMAT Applied Materials Inc. | Reduce -5.4% | 2.99% | +0.31 |
Portfolio Buys Q4 2023 → Q1 2024
| TYL Tyler Technologies Inc. | New | 0.63% | +0.63 |
| AMZN Amazon.com Inc. | Add +13.0% | 2.63% | +0.51 |
| EPAM Epam Systems Inc. | Add +53.9% | 1.24% | +0.30 |
| SSNC Ss&c Technologies Holdings | Add +24.9% | 1.29% | +0.23 |
| CCC CCC Intelligent Solutions Ho | New | 0.22% | +0.22 |
| MRK Merck & Co. Inc. | Add +0.3% | 1.94% | +0.21 |
| CTLT Catalent Inc. | Add +0.0% | 1.24% | +0.17 |
| TRMB Trimble Inc. | Add +1.7% | 1.16% | +0.14 |
| WM Waste Management Inc. | Add +200.0% | 0.19% | +0.14 |
| MSI Motorola Solutions Inc. | Add +0.2% | 1.40% | +0.07 |
| ZBRA Zebra Technologies Corp. Class A | Add +4.6% | 1.08% | +0.07 |
| AVTR Avantor Inc. | Add +2.8% | 0.88% | +0.06 |
| HD Home Depot Inc. | Add +0.6% | 1.46% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +1.7% | 1.12% | +0.04 |
| DHR Danaher Corp. | Add +2.1% | 1.42% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.02% | +0.02 |
| LLY Eli Lilly & Co. | New | 0.02% | +0.02 |
| SPHQ Invesco S&P 500 Quality ETF | New | 0.02% | +0.02 |
| HUBB Hubbell Inc. | New | 0.02% | +0.02 |
| MCD McDonald's Corp. | New | 0.02% | +0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.02% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.02% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.02% | +0.02 |
| ADP Automatic Data Processing | New | 0.02% | +0.02 |
| TJX TJX Companies Inc. | Add +1.6% | 0.96% | +0.02 |
| PPG PPG Industries Inc. | New | 0.02% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.02% | +0.02 |
| GLD SPDR Gold Shares | New | 0.01% | +0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.01% | +0.01 |
| ORCL Oracle Corp. | Add +15.7% | 0.05% | +0.01 |
| SYK Stryker Corp. | Add +3.6% | 0.07% | +0.01 |
| XOM Exxon Mobil Corp. | Add +17.1% | 0.04% | +0.01 |
| PG The Procter & Gamble Co. | Add +26.3% | 0.04% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +2.5% | 0.16% | +0.01 |
| WMT Walmart Inc. | Add +13.3% | 0.04% | +0.01 |
| RTX RTX Corp. | Add +21.9% | 0.03% | +0.01 |
| PEP Pepsico Inc. | Add +13.7% | 0.08% | +0.01 |
| FBND Fidelity Total Bond ETF | Add +20.2% | 0.07% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +4.2% | 0.04% | +0.01 |
| IBM Intl Business Machines Corp. | Add +1.5% | 0.05% | +0.00 |
| CVX Chevron Corp. | Add +14.5% | 0.03% | +0.00 |
| MA Mastercard Inc. Class A | Add +3.5% | 0.03% | +0.00 |
| FCOR Fidelity Corporate Bond ETF | Add +15.1% | 0.03% | +0.00 |
| MRSH Marsh & McLennan Cos | Add +2.6% | 0.03% | +0.00 |
| SLB SLB Ltd. | Add +7.4% | 0.02% | +0.00 |
| KO The Coca-Cola Co. | Add +5.4% | 0.05% | +0.00 |
| VNQ Vanguard Real Estate ETF | Add +1.9% | 0.03% | −0.00 |
| SBUX Starbucks Corp. | Add +3.3% | 0.03% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +3.7% | 0.88% | −0.02 |
| JNJ Johnson & Johnson | Add +4.1% | 1.22% | −0.03 |
Notes & Other Activity Q4 2023 → Q1 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -2.4% | 5,485 | $6.7M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 155 | $2.3B | NPFE, MSFT, AMAT, GOOGL, TSM |
| Q1 2026Amended | 156 | $2.0B | NPFE, MSFT, GOOGL, COHR, AMAT |
| Q4 2025 | 162 | $1.5B | MSFT, GOOGL, COHR, AMZN, AMAT |
| Q3 2025 | 163 | $1.4B | MSFT, GOOGL, AMZN, BRK.B, V |
| Q2 2025 | 152 | $1.4B | MSFT, AMZN, GOOGL, V, BRK.B |
| Q1 2025 | 140 | $1.3B | MSFT, GOOGL, BRK.B, V, AMZN |
| Q4 2024 | 140 | $1.4B | MSFT, GOOGL, AMZN, BRK.B, LNG |
| Q3 2024 | 144 | $1.5B | MSFT, GOOGL, BRK.B, AMZN, LIN |
| Q2 2024 | 142 | $1.4B | MSFT, GOOGL, BRK.B, AMAT, AMZN |
| Q1 2024 | 144 | $1.4B | MSFT, GOOGL, BRK.B, AMAT, ALSN |