Norris Perne & French LLP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 24, 2024), Norris Perne & French LLP reported 142 stock positions worth $1.4 billion. Its top holding was Microsoft (MSFT) at 7.5% of the portfolio, followed by Alphabet Class A (GOOGL, 5.5%) and Berkshire Hathaway Class B (BRK.B, 4.0%). Compared with Q1 2024, it opened 5 new positions, sold out of 7, added to 50 and reduced 48. The biggest buy was a new position in Paccar (PCAR) and the biggest sale Quanta Services (PWR, shares −40%).

Most Recent 13F
Q2 2026
Location
GRAND RAPIDS, MI
CIK
0001092290
Portfolio Value
$1.4B (Q2 2024)
SEC Filing
0001092290-24-000009 ↗ filed Jul 24, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.4B Q1 2024 Q2 2024: $1.4B $1.4B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 142 stocks · $1.4B
MSFT Microsoft Corp. 7.47% 229,846 $102.7M Reduce -0.8%
GOOGL Alphabet Inc. Class A 5.48% 414,001 $75.4M Reduce -0.8%
BRK.B Berkshire Hathaway Inc. Class B 3.98% 134,725 $54.8M Reduce -1.1%
AMAT Applied Materials Inc. 3.37% 196,269 $46.3M Reduce -2.4%
AMZN Amazon.com Inc. 2.83% 201,611 $39.0M Reduce -0.2%
LIN Linde PLC 2.66% 83,249 $36.5M Reduce -0.5%
LNG Cheniere Energy Inc. 2.60% 204,884 $35.8M Add +0.1%
IVV iShares Core S&P 500 ETF 2.55% 64,012 $35.0M Reduce -0.1%
V Visa Inc. Class A 2.36% 123,704 $32.5M Add +0.8%
ECL Ecolab Inc. 2.33% 134,568 $32.0M Reduce -0.3%
SO The Southern Co. 2.21% 392,215 $30.4M Reduce -0.2%
COHR Coherent Corp. 2.21% 418,891 $30.4M Add +0.0%
CRL Charles River Laboratories 1.96% 130,537 $27.0M Add +1.5%
MRK Merck & Co. Inc. 1.83% 203,029 $25.1M Reduce -0.3%
ADBE Adobe Inc. 1.82% 45,048 $25.0M Add +2.2%
ALSN Allison Transmission Holding 1.76% 318,687 $24.2M Reduce -35.9%
ABT Abbott Laboratories 1.73% 228,760 $23.8M Add +58.5%
PWR Quanta Services Inc. 1.72% 92,858 $23.6M Reduce -39.6%
JNJ Johnson & Johnson 1.64% 154,204 $22.5M Add +43.7%
MCO Moody's Corp. 1.62% 53,013 $22.3M Reduce -0.3%
LHX L3HARRIS Technologies Inc. 1.59% 97,419 $21.9M Add +0.7%
MSI Motorola Solutions Inc. 1.54% 54,743 $21.1M Add +0.2%
UNP Union Pacific Corp. 1.52% 92,264 $20.9M Add +0.6%
TXN Texas Instruments Inc. 1.51% 107,132 $20.8M Reduce -0.4%
DHR Danaher Corp. 1.47% 81,086 $20.3M Add +2.9%
HUBS HubSpot Inc. 1.46% 34,151 $20.1M Add +0.9%
TMO Thermo Fisher Scientific Inc. 1.45% 36,055 $19.9M Add +0.8%
VRSK Verisk Analytics Inc. 1.39% 70,703 $19.1M Reduce -14.8%
FAST Fastenal Co. 1.35% 295,280 $18.6M Add +0.7%
HD Home Depot Inc. 1.34% 53,578 $18.4M Add +1.4%
KLAC KLA Corp. 1.31% 21,890 $18.0M Reduce -1.9%
AAPL Apple Inc. 1.30% 85,037 $17.9M Reduce -5.7%
KNX Knight-Swift Transportation 1.28% 353,581 $17.7M Add +4.2%
SSNC Ss&c Technologies Holdings 1.28% 281,347 $17.6M Add +0.8%
BALL Ball Corp. 1.25% 286,580 $17.2M Add +0.1%
CTLT Catalent Inc. 1.25% 305,154 $17.2M Add +0.4%
ZBRA Zebra Technologies Corp. Class A 1.15% 51,163 $15.8M Add +3.2%
QLYS Qualys Inc. 1.14% 109,956 $15.7M Add +2.8%
IJH iShares Core S&P Midcap ETF 1.11% 260,298 $15.2M Add +1.8%
ITW Illinois Tool Works 1.06% 61,784 $14.6M Add +1.8%
DLTR Dollar Tree Inc. 1.06% 136,278 $14.6M Add +0.4%
TRMB Trimble Inc. 1.05% 259,488 $14.5M Add +3.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.05% 131,552 $14.5M Add +0.6%
NDSN Nordson Corp. 1.01% 59,842 $13.9M Add +2.5%
VEA Vanguard Ftse Developed ETF 0.90% 250,564 $12.4M Add +0.4%
IJR iShares Core S&P Small-Cap E 0.89% 114,476 $12.2M Add +3.1%
CDW CDW Corp. 0.88% 54,280 $12.1M Add +0.6%
TYL Tyler Technologies Inc. 0.78% 21,402 $10.8M Add +4.5%
AVTR Avantor Inc. 0.75% 488,820 $10.4M Add +1.8%
KVUE Kenvue Inc. 0.73% 554,009 $10.1M Reduce -26.7%
EPAM Epam Systems Inc. 0.72% 52,564 $9.9M Reduce -15.5%
PCAR Paccar Inc. 0.71% 94,959 $9.8M New
SHW The Sherwin-Williams Co. 0.70% 32,317 $9.6M New
DLB Dolby Laboratories Inc. Class A 0.63% 108,638 $8.6M Reduce -47.9%
NKE Nike Inc. Class B 0.59% 107,235 $8.1M Add +2.1%
MKTX Marketaxess Holdings Inc. 0.53% 36,266 $7.3M Add +4.0%
IWV iShares Russell 3000 ETF 0.51% 22,870 $7.1M No change
VWO Vanguard Ftse Emerging Marke 0.42% 132,844 $5.8M Add +0.7%
COST Costco Wholesale Corp. 0.41% 6,661 $5.7M Reduce -10.0%
GOOG Alphabet Inc. Class C 0.39% 29,116 $5.3M Reduce -0.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.37% 13,578 $5.1M Add +0.4%
IWD iShares Russell 1000 Value E 0.33% 26,365 $4.6M Reduce -9.8%
EFG iShares MSCI Eafe Growth ETF 0.30% 40,435 $4.1M Add +1.4%
CCC CCC Intelligent Solutions Ho 0.25% 309,417 $3.4M Add +20.0%
WM Waste Management Inc. 0.19% 11,981 $2.6M Reduce -5.2%
IWF iShares Russell 1000 Growth 0.17% 6,416 $2.3M No change
JPM JPMorgan Chase & Co. 0.16% 11,047 $2.2M Add +0.6%
ITOT iShares Core S&P Total U.S. 0.15% 17,123 $2.0M Add +306.2%
NVDA Nvidia Corp. 0.14% 15,484 $1.9M Reduce -3.8%
CPRT Copart Inc. 0.12% 31,166 $1.7M No change
VEU Vanguard Ftse All-World Ex-U 0.07% 17,582 $1.0M Reduce -2.7%
FBND Fidelity Total Bond ETF 0.07% 22,752 $1.0M Add +11.2%
PEP Pepsico Inc. 0.07% 5,555 $916K Reduce -14.3%
SYK Stryker Corp. 0.07% 2,689 $915K No change
F Ford Motor Co. filed as FORD MTR CO DEL 0.06% 64,540 $809K Reduce -2.9%
IAU iShares Gold Trust 0.06% 18,302 $804K Reduce -25.6%
ORCL Oracle Corp. 0.06% 5,665 $800K Reduce -6.6%
CHD Church & Dwight Co. Inc. 0.06% 7,600 $788K No change
KO The Coca-Cola Co. 0.05% 11,334 $721K Reduce -0.8%
XOM Exxon Mobil Corp. 0.05% 6,220 $716K Add +29.3%
GNTX Gentex Corp. 0.05% 21,034 $709K Reduce -4.4%
WMT Walmart Inc. 0.05% 10,167 $688K Reduce -0.9%
ISRG Intuitive Surgical Inc. 0.05% 1,492 $664K Add +3.5%
NFLX Netflix Inc. 0.05% 975 $658K No change
PAYX Paychex Inc. 0.05% 5,455 $647K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 1,188 $647K No change
BRK.A Berkshire Hathaway Inc. Class A 0.04% 1 $612K No change
IWY iShares Russell Top 200 Grow 0.04% 2,800 $601K No change
NSC Norfolk Southern Corp. 0.04% 2,590 $556K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 3,186 $551K Reduce -8.6%
FLTB Fidelity Ltd. TRM BND ETF 0.04% 10,249 $503K Add +3.6%
COP Conocophillips 0.04% 4,364 $499K No change
PG The Procter & Gamble Co. 0.04% 2,985 $492K Reduce -5.1%
LECO Lincoln Electric Holdings 0.04% 2,580 $487K No change
APH Amphenol Corp. Class A 0.03% 6,924 $466K No change
ABBV Abbvie Inc. 0.03% 2,687 $461K Add +0.9%
RTX RTX Corp. 0.03% 4,533 $455K Add +3.2%
MA Mastercard Inc. Class A 0.03% 1,025 $452K Add +6.9%
VB Vanguard Most SM-Cap ETF-Usd 0.03% 1,990 $434K No change
LMT Lockheed Martin Corp. 0.03% 905 $423K No change
FCOR Fidelity Corporate Bond ETF 0.03% 9,006 $415K Add +9.9%
LLY Eli Lilly & Co. 0.03% 446 $404K Add +9.3%
VNQ Vanguard Real Estate ETF 0.03% 4,700 $394K Reduce -1.9%
MRSH Marsh & McLennan Cos 0.03% 1,802 $380K No change
IJK iShares S&P Mid-Cap 400 Grow 0.03% 4,265 $376K Reduce -0.5%
CVX Chevron Corp. 0.03% 2,361 $369K Reduce -3.1%
VT Vanguard Tot World STK ETF 0.03% 3,195 $360K No change
LKQ LKQ Corp. 0.03% 8,400 $349K No change
PH Parker Hannifin Corp. 0.03% 685 $346K No change
DUK Duke Energy Corp. 0.03% 3,448 $346K Reduce -15.6%
SBUX Starbucks Corp. 0.02% 4,316 $336K Add +1.5%
QCOM Qualcomm Inc. 0.02% 1,614 $321K No change
IEFA iShares Core MSCI Eafe ETF 0.02% 4,378 $318K No change
AON Aon PLC Class A 0.02% 1,070 $314K Reduce -6.1%
FITB Fifth Third Bancorp 0.02% 8,251 $301K No change
CSX CSX Corp. 0.02% 8,486 $284K No change
CSCO Cisco Systems Inc. 0.02% 5,802 $276K Reduce -16.2%
FISV Fiserv Inc. 0.02% 1,818 $271K No change
VZ Verizon Communications Inc. 0.02% 6,353 $262K Reduce -15.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.02% 1,048 $262K No change
NVS Novartis AG-Sponsored ADR 0.02% 2,432 $259K Reduce -13.1%
FRME First Merchants Corp. 0.02% 7,544 $251K No change
DOV Dover Corp. 0.02% 1,375 $248K No change
QQQ Invesco QQQ Trust Series 1 0.02% 510 $244K No change
HUBB Hubbell Inc. 0.02% 664 $243K No change
TSM Taiwan Semiconductor-SP ADR 0.02% 1,373 $239K New
CNI Canadian Natl Railway Co. 0.02% 2,015 $238K Reduce -5.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 962 $233K No change
NVO Novo-Nordisk A/S-Spons ADR 0.02% 1,574 $225K No change
ASML ASML Holding NV-NY Reg SHS 0.02% 218 $223K No change
GLD SPDR Gold Shares 0.02% 1,012 $218K No change
SPYV SS SPDR P S&P 500 Value ETF 0.02% 4,451 $217K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 5,368 $213K Reduce -10.0%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.02% 4,524 $213K No change
ED Consolidated Edison Inc. 0.02% 2,384 $213K No change
MAR Marriott International Class A 0.02% 864 $209K New
ADP Automatic Data Processing 0.01% 857 $205K Reduce -4.9%
MCBC Macatawa Bank Corp. 0.01% 14,008 $205K Reduce -17.6%
MLKN Millerknoll Inc. 0.01% 7,656 $203K New
MDLZ Mondelez International Inc. Class A 0.01% 3,074 $201K Reduce -0.7%
OPK Opko Health Inc. 0.00% 25,000 $31K No change
BLUEBIRD BIO INC 0.00% 10,000 $10K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $6.9M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 5,355$6.4MReduce -2.4%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 428$512KNo change

Total filed on the 13F, all lines: $1.4B.

Portfolio Sells Q1 2024 → Q2 2024
PWR Quanta Services Inc. Reduce -39.6% 1.72% −1.17
ALSN Allison Transmission Holding Reduce -35.9% 1.76% −1.15
DLB Dolby Laboratories Inc. Class A Reduce -47.9% 0.63% −0.63
EPAM Epam Systems Inc. Reduce -15.5% 0.72% −0.52
KVUE Kenvue Inc. Reduce -26.7% 0.73% −0.44
LIN Linde PLC Reduce -0.5% 2.66% −0.14
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.1% 3.98% −0.14
MRK Merck & Co. Inc. Reduce -0.3% 1.83% −0.11
IWD iShares Russell 1000 Value E Reduce -9.8% 0.33% −0.04
VRSK Verisk Analytics Inc. Reduce -14.8% 1.39% −0.03
SPHQ Invesco S&P 500 Quality ETF Sold out 0.00% −0.02
MCD McDonald's Corp. Sold out 0.00% −0.02
DEO Diageo PLC-Sponsored ADR Sold out 0.00% −0.02
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.02
IAU iShares Gold Trust Reduce -25.6% 0.06% −0.02
ACWX iShares MSCI Acwi Ex US ETF Sold out 0.00% −0.02
PPG PPG Industries Inc. Sold out 0.00% −0.02
PEP Pepsico Inc. Reduce -14.3% 0.07% −0.02
WEC WEC Energy Group Inc. Sold out 0.00% −0.01
WM Waste Management Inc. Reduce -5.2% 0.19% −0.01
IBM Intl Business Machines Corp. Reduce -8.6% 0.04% −0.01
GNTX Gentex Corp. Reduce -4.4% 0.05% −0.01
CSCO Cisco Systems Inc. Reduce -16.2% 0.02% −0.00
F Ford Motor Co. Reduce -2.9% 0.06% −0.00
AON Aon PLC Class A Reduce -6.1% 0.02% −0.00
VZ Verizon Communications Inc. Reduce -15.1% 0.02% −0.00
DUK Duke Energy Corp. Reduce -15.6% 0.03% −0.00
CNI Canadian Natl Railway Co. Reduce -5.0% 0.02% −0.00
VEU Vanguard Ftse All-World Ex-U Reduce -2.7% 0.07% −0.00
ADP Automatic Data Processing Reduce -4.9% 0.01% −0.00
VNQ Vanguard Real Estate ETF Reduce -1.9% 0.03% −0.00
MDLZ Mondelez International Inc. Class A Reduce -0.7% 0.01% −0.00
PG The Procter & Gamble Co. Reduce -5.1% 0.04% −0.00
CVX Chevron Corp. Reduce -3.1% 0.03% −0.00
IJK iShares S&P Mid-Cap 400 Grow Reduce -0.5% 0.03% −0.00
BAC Bank of America Corp. Reduce -10.0% 0.02% −0.00
NVS Novartis AG-Sponsored ADR Reduce -13.1% 0.02% −0.00
KO The Coca-Cola Co. Reduce -0.8% 0.05% +0.00
MCBC Macatawa Bank Corp. Reduce -17.6% 0.01% +0.00
ORCL Oracle Corp. Reduce -6.6% 0.06% +0.00
WMT Walmart Inc. Reduce -0.9% 0.05% +0.01
COST Costco Wholesale Corp. Reduce -10.0% 0.41% +0.02
NVDA Nvidia Corp. Reduce -3.8% 0.14% +0.03
GOOG Alphabet Inc. Class C Reduce -0.8% 0.39% +0.07
ECL Ecolab Inc. Reduce -0.3% 2.33% +0.08
MCO Moody's Corp. Reduce -0.3% 1.62% +0.12
IVV iShares Core S&P 500 ETF Reduce -0.1% 2.55% +0.12
TXN Texas Instruments Inc. Reduce -0.4% 1.51% +0.16
SO The Southern Co. Reduce -0.2% 2.21% +0.18
AAPL Apple Inc. Reduce -5.7% 1.30% +0.19

Portfolio Buys Q1 2024 → Q2 2024
PCAR Paccar Inc. New 0.71% +0.71
SHW The Sherwin-Williams Co. New 0.70% +0.70
ABT Abbott Laboratories Add +58.5% 1.73% +0.55
JNJ Johnson & Johnson Add +43.7% 1.64% +0.41
COHR Coherent Corp. Add +0.0% 2.21% +0.38
LNG Cheniere Energy Inc. Add +0.1% 2.60% +0.23
ADBE Adobe Inc. Add +2.2% 1.82% +0.22
TYL Tyler Technologies Inc. Add +4.5% 0.78% +0.15
MSI Motorola Solutions Inc. Add +0.2% 1.54% +0.14
ITOT iShares Core S&P Total U.S. Add +306.2% 0.15% +0.11
LHX L3HARRIS Technologies Inc. Add +0.7% 1.59% +0.10
TJX TJX Companies Inc. Add +0.6% 1.05% +0.10
ZBRA Zebra Technologies Corp. Class A Add +3.2% 1.15% +0.07
DHR Danaher Corp. Add +2.9% 1.47% +0.05
VUG Vanguard Mrngstar GR ETF-Sui Add +0.4% 0.37% +0.03
CCC CCC Intelligent Solutions Ho Add +20.0% 0.25% +0.03
VWO Vanguard Ftse Emerging Marke Add +0.7% 0.42% +0.03
TSM Taiwan Semiconductor-SP ADR New 0.02% +0.02
MAR Marriott International Class A New 0.02% +0.02
MLKN Millerknoll Inc. New 0.01% +0.01
XOM Exxon Mobil Corp. Add +29.3% 0.05% +0.01
CTLT Catalent Inc. Add +0.4% 1.25% +0.01
FBND Fidelity Total Bond ETF Add +11.2% 0.07% +0.01
ISRG Intuitive Surgical Inc. Add +3.5% 0.05% +0.01
LLY Eli Lilly & Co. Add +9.3% 0.03% +0.01
JPM JPMorgan Chase & Co. Add +0.6% 0.16% +0.00
IJR iShares Core S&P Small-Cap E Add +3.1% 0.89% +0.00
FCOR Fidelity Corporate Bond ETF Add +9.9% 0.03% +0.00
EFG iShares MSCI Eafe Growth ETF Add +1.4% 0.30% +0.00
RTX RTX Corp. Add +3.2% 0.03% +0.00
FLTB Fidelity Ltd. TRM BND ETF Add +3.6% 0.04% +0.00
MA Mastercard Inc. Class A Add +6.9% 0.03% −0.00
ABBV Abbvie Inc. Add +0.9% 0.03% −0.00
VEA Vanguard Ftse Developed ETF Add +0.4% 0.90% −0.00
SBUX Starbucks Corp. Add +1.5% 0.02% −0.00
IJH iShares Core S&P Midcap ETF Add +1.8% 1.11% −0.01
SSNC Ss&c Technologies Holdings Add +0.8% 1.28% −0.01
MKTX Marketaxess Holdings Inc. Add +4.0% 0.53% −0.02
TMO Thermo Fisher Scientific Inc. Add +0.8% 1.45% −0.05
KNX Knight-Swift Transportation Add +4.2% 1.28% −0.06
HUBS HubSpot Inc. Add +0.9% 1.46% −0.06
TRMB Trimble Inc. Add +3.6% 1.05% −0.11
UNP Union Pacific Corp. Add +0.6% 1.52% −0.11
V Visa Inc. Class A Add +0.8% 2.36% −0.11
ITW Illinois Tool Works Add +1.8% 1.06% −0.11
CDW CDW Corp. Add +0.6% 0.88% −0.11
HD Home Depot Inc. Add +1.4% 1.34% −0.12
NKE Nike Inc. Class B Add +2.1% 0.59% −0.12
AVTR Avantor Inc. Add +1.8% 0.75% −0.13
BALL Ball Corp. Add +0.1% 1.25% −0.14

Notes & Other Activity Q1 2024 → Q2 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -2.4% 5,355 $6.4M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 155$2.3BNPFE, MSFT, AMAT, GOOGL, TSM
Q1 2026Amended 156$2.0BNPFE, MSFT, GOOGL, COHR, AMAT
Q4 2025 162$1.5BMSFT, GOOGL, COHR, AMZN, AMAT
Q3 2025 163$1.4BMSFT, GOOGL, AMZN, BRK.B, V
Q2 2025 152$1.4BMSFT, AMZN, GOOGL, V, BRK.B
Q1 2025 140$1.3BMSFT, GOOGL, BRK.B, V, AMZN
Q4 2024 140$1.4BMSFT, GOOGL, AMZN, BRK.B, LNG
Q3 2024 144$1.5BMSFT, GOOGL, BRK.B, AMZN, LIN
Q2 2024 142$1.4BMSFT, GOOGL, BRK.B, AMAT, AMZN
Q1 2024 144$1.4BMSFT, GOOGL, BRK.B, AMAT, ALSN