Norris Perne & French LLP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 28, 2024), Norris Perne & French LLP reported 144 stock positions worth $1.5 billion. Its top holding was Microsoft (MSFT) at 6.7% of the portfolio, followed by Alphabet Class A (GOOGL, 4.8%) and Berkshire Hathaway Class B (BRK.B, 4.2%). Compared with Q2 2024, it opened 6 new positions, sold out of 4, added to 42 and reduced 49. The biggest buy was Sherwin-Williams (SHW, shares +110%) and the biggest sale an exit from Dollar Tree (DLTR).
- Most Recent 13F
- Q2 2026
- Location
- GRAND RAPIDS, MI
- CIK
- 0001092290
- Portfolio Value
- $1.5B (Q3 2024)
- SEC Filing
- 0001092290-24-000011 ↗ filed Oct 28, 2024
Holdings Value
Holdings 144 stocks · $1.5B
| MSFT Microsoft Corp. | 6.70% | 225,912 | $97.2M | Reduce -1.7% |
| GOOGL Alphabet Inc. Class A | 4.78% | 418,256 | $69.4M | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.24% | 133,679 | $61.5M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 2.80% | 218,195 | $40.7M | Add +8.2% |
| LIN Linde PLC | 2.72% | 82,912 | $39.5M | Reduce -0.4% |
| AMAT Applied Materials Inc. | 2.66% | 191,405 | $38.7M | Reduce -2.5% |
| IVV iShares Core S&P 500 ETF | 2.61% | 65,576 | $37.8M | Add +2.4% |
| LNG Cheniere Energy Inc. | 2.52% | 203,100 | $36.5M | Reduce -0.9% |
| COHR Coherent Corp. | 2.44% | 398,590 | $35.4M | Reduce -4.8% |
| V Visa Inc. Class A | 2.37% | 125,003 | $34.4M | Add +1.1% |
| ECL Ecolab Inc. | 2.31% | 131,048 | $33.5M | Reduce -2.6% |
| ALSN Allison Transmission Holding | 2.10% | 316,594 | $30.4M | Reduce -0.7% |
| JNJ Johnson & Johnson | 2.09% | 187,222 | $30.3M | Add +21.4% |
| MRK Merck & Co. Inc. | 1.99% | 254,887 | $28.9M | Add +25.5% |
| TRMB Trimble Inc. | 1.83% | 428,605 | $26.6M | Add +65.2% |
| SHW The Sherwin-Williams Co. | 1.79% | 68,005 | $26.0M | Add +110.4% |
| ABT Abbott Laboratories | 1.78% | 226,216 | $25.8M | Reduce -1.1% |
| CRL Charles River Laboratories | 1.76% | 130,002 | $25.6M | Reduce -0.4% |
| MCO Moody's Corp. | 1.71% | 52,384 | $24.9M | Reduce -1.2% |
| ADBE Adobe Inc. | 1.62% | 45,291 | $23.5M | Add +0.5% |
| LHX L3HARRIS Technologies Inc. | 1.59% | 96,853 | $23.0M | Reduce -0.6% |
| PWR Quanta Services Inc. | 1.58% | 77,123 | $23.0M | Reduce -16.9% |
| UNP Union Pacific Corp. | 1.58% | 92,893 | $22.9M | Add +0.7% |
| DHR Danaher Corp. | 1.57% | 82,095 | $22.8M | Add +1.2% |
| MSI Motorola Solutions Inc. | 1.54% | 49,641 | $22.3M | Reduce -9.3% |
| TMO Thermo Fisher Scientific Inc. | 1.52% | 35,765 | $22.1M | Reduce -0.8% |
| HD Home Depot Inc. | 1.49% | 53,244 | $21.6M | Reduce -0.6% |
| FAST Fastenal Co. | 1.46% | 295,786 | $21.1M | Add +0.2% |
| SO The Southern Co. | 1.43% | 230,566 | $20.8M | Reduce -41.2% |
| SSNC Ss&c Technologies Holdings | 1.40% | 273,516 | $20.3M | Reduce -2.8% |
| KNX Knight-Swift Transportation | 1.34% | 360,211 | $19.4M | Add +1.9% |
| BALL Ball Corp. | 1.34% | 285,965 | $19.4M | Reduce -0.2% |
| AAPL Apple Inc. | 1.31% | 81,627 | $19.0M | Reduce -4.0% |
| HUBS HubSpot Inc. | 1.31% | 35,772 | $19.0M | Add +4.8% |
| ZBRA Zebra Technologies Corp. Class A | 1.28% | 49,995 | $18.5M | Reduce -2.3% |
| TXN Texas Instruments Inc. | 1.17% | 82,317 | $17.0M | Reduce -23.2% |
| CTLT Catalent Inc. | 1.15% | 274,761 | $16.6M | Reduce -10.0% |
| IJH iShares Core S&P Midcap ETF | 1.14% | 265,370 | $16.5M | Add +1.9% |
| KVUE Kenvue Inc. | 1.13% | 709,359 | $16.4M | Add +28.0% |
| VRSK Verisk Analytics Inc. | 1.12% | 60,763 | $16.3M | Reduce -14.1% |
| KLAC KLA Corp. | 1.12% | 21,000 | $16.3M | Reduce -4.1% |
| ITW Illinois Tool Works | 1.10% | 61,127 | $16.0M | Reduce -1.1% |
| NDSN Nordson Corp. | 1.08% | 59,703 | $15.7M | Reduce -0.2% |
| PCAR Paccar Inc. | 1.06% | 156,499 | $15.4M | Add +64.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.06% | 131,055 | $15.4M | Reduce -0.4% |
| QLYS Qualys Inc. | 1.01% | 113,818 | $14.6M | Add +3.5% |
| IJR iShares Core S&P Small-Cap E | 0.94% | 116,352 | $13.6M | Add +1.6% |
| EPAM Epam Systems Inc. | 0.92% | 67,316 | $13.4M | Add +28.1% |
| VEA Vanguard Ftse Developed ETF | 0.92% | 253,222 | $13.4M | Add +1.1% |
| AVTR Avantor Inc. | 0.88% | 491,696 | $12.7M | Add +0.6% |
| CDW CDW Corp. | 0.85% | 54,814 | $12.4M | Add +1.0% |
| TYL Tyler Technologies Inc. | 0.82% | 20,369 | $11.9M | Reduce -4.8% |
| MKTX Marketaxess Holdings Inc. | 0.65% | 37,054 | $9.5M | Add +2.2% |
| NKE Nike Inc. Class B | 0.65% | 106,535 | $9.4M | Reduce -0.7% |
| DLB Dolby Laboratories Inc. Class A | 0.55% | 104,351 | $8.0M | Reduce -4.0% |
| IWV iShares Russell 3000 ETF | 0.51% | 22,870 | $7.5M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.44% | 134,291 | $6.4M | Add +1.1% |
| COST Costco Wholesale Corp. | 0.39% | 6,345 | $5.6M | Reduce -4.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.36% | 13,654 | $5.2M | Add +0.6% |
| IWD iShares Russell 1000 Value E | 0.34% | 26,365 | $5.0M | No change |
| EFG iShares MSCI Eafe Growth ETF | 0.31% | 41,261 | $4.4M | Add +2.0% |
| GOOG Alphabet Inc. Class C | 0.29% | 25,324 | $4.2M | Reduce -13.0% |
| CCC CCC Intelligent Solutions Ho | 0.26% | 341,367 | $3.8M | Add +10.3% |
| JPM JPMorgan Chase & Co. | 0.19% | 13,026 | $2.7M | Add +17.9% |
| WM Waste Management Inc. | 0.17% | 11,981 | $2.5M | No change |
| IWF iShares Russell 1000 Growth | 0.17% | 6,416 | $2.4M | No change |
| NVDA Nvidia Corp. | 0.12% | 14,917 | $1.8M | Reduce -3.7% |
| CPRT Copart Inc. | 0.11% | 31,166 | $1.6M | No change |
| FBND Fidelity Total Bond ETF | 0.09% | 29,461 | $1.4M | Add +29.5% |
| WTFC Wintrust Financial Corp. | 0.09% | 12,462 | $1.4M | New |
| VEU Vanguard Ftse All-World Ex-U | 0.08% | 17,582 | $1.1M | No change |
| SYK Stryker Corp. | 0.07% | 2,689 | $971K | No change |
| PEP Pepsico Inc. | 0.07% | 5,568 | $947K | Add +0.2% |
| ORCL Oracle Corp. | 0.06% | 5,391 | $919K | Reduce -4.8% |
| IAU iShares Gold Trust | 0.06% | 18,302 | $910K | No change |
| WMT Walmart Inc. | 0.06% | 10,342 | $835K | Add +1.7% |
| PG The Procter & Gamble Co. | 0.06% | 4,744 | $822K | Add +58.9% |
| KO The Coca-Cola Co. | 0.06% | 11,324 | $814K | Reduce -0.1% |
| CHD Church & Dwight Co. Inc. | 0.05% | 7,600 | $796K | No change |
| ISRG Intuitive Surgical Inc. | 0.05% | 1,492 | $733K | No change |
| PAYX Paychex Inc. | 0.05% | 5,455 | $732K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 3,136 | $693K | Reduce -1.6% |
| NFLX Netflix Inc. | 0.05% | 975 | $692K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.05% | 1 | $691K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 1,203 | $690K | Add +1.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.05% | 65,337 | $690K | Add +1.2% |
| NSC Norfolk Southern Corp. | 0.04% | 2,590 | $644K | No change |
| GNTX Gentex Corp. | 0.04% | 21,034 | $624K | No change |
| IWY iShares Russell Top 200 Grow | 0.04% | 2,800 | $616K | No change |
| XOM Exxon Mobil Corp. | 0.04% | 5,241 | $614K | Reduce -15.7% |
| FLTB Fidelity Ltd. TRM BND ETF | 0.04% | 11,142 | $561K | Add +8.7% |
| RTX RTX Corp. | 0.04% | 4,533 | $549K | No change |
| ABBV Abbvie Inc. | 0.04% | 2,747 | $542K | Add +2.2% |
| LMT Lockheed Martin Corp. | 0.04% | 911 | $533K | Add +0.7% |
| ITOT iShares Core S&P Total U.S. | 0.04% | 4,170 | $524K | Reduce -75.7% |
| MA Mastercard Inc. Class A | 0.03% | 1,014 | $501K | Reduce -1.1% |
| LECO Lincoln Electric Holdings | 0.03% | 2,580 | $495K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.03% | 1,990 | $472K | No change |
| COP Conocophillips | 0.03% | 4,364 | $459K | No change |
| VNQ Vanguard Real Estate ETF | 0.03% | 4,700 | $458K | No change |
Other holdings (2): bonds, preferreds, convertibles and warrants · $6.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 4,931 | $6.3M | Reduce -7.9% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 428 | $545K | No change |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q2 2024 → Q3 2024
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −1.06 |
| SO The Southern Co. | Reduce -41.2% | 1.43% | −0.78 |
| MSFT Microsoft Corp. | Reduce -1.7% | 6.70% | −0.77 |
| AMAT Applied Materials Inc. | Reduce -2.5% | 2.66% | −0.70 |
| TXN Texas Instruments Inc. | Reduce -23.2% | 1.17% | −0.34 |
| VRSK Verisk Analytics Inc. | Reduce -14.1% | 1.12% | −0.26 |
| CRL Charles River Laboratories | Reduce -0.4% | 1.76% | −0.20 |
| KLAC KLA Corp. | Reduce -4.1% | 1.12% | −0.19 |
| PWR Quanta Services Inc. | Reduce -16.9% | 1.58% | −0.13 |
| ITOT iShares Core S&P Total U.S. | Reduce -75.7% | 0.04% | −0.11 |
| CTLT Catalent Inc. | Reduce -10.0% | 1.15% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -13.0% | 0.29% | −0.10 |
| LNG Cheniere Energy Inc. | Reduce -0.9% | 2.52% | −0.09 |
| DLB Dolby Laboratories Inc. Class A | Reduce -4.0% | 0.55% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -4.7% | 0.39% | −0.02 |
| ECL Ecolab Inc. | Reduce -2.6% | 2.31% | −0.02 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.02 |
| MCBC Macatawa Bank Corp. | Sold out | 0.00% | −0.01 |
| MLKN Millerknoll Inc. | Sold out | 0.00% | −0.01 |
| NVDA Nvidia Corp. | Reduce -3.7% | 0.12% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -15.7% | 0.04% | −0.01 |
| APH Amphenol Corp. Class A | Reduce -14.4% | 0.03% | −0.01 |
| CVX Chevron Corp. | Reduce -13.0% | 0.02% | −0.01 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.6% | 1.59% | −0.00 |
| BAC Bank of America Corp. | Reduce -5.9% | 0.01% | −0.00 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -2.0% | 0.03% | −0.00 |
| FRME First Merchants Corp. | Reduce -9.4% | 0.02% | −0.00 |
| ADP Automatic Data Processing | Reduce -9.9% | 0.01% | −0.00 |
| GLD SPDR Gold Shares | Reduce -5.1% | 0.02% | +0.00 |
| CSCO Cisco Systems Inc. | Reduce -1.7% | 0.02% | +0.00 |
| DUK Duke Energy Corp. | Reduce -5.1% | 0.03% | +0.00 |
| MSI Motorola Solutions Inc. | Reduce -9.3% | 1.54% | +0.00 |
| MA Mastercard Inc. Class A | Reduce -1.1% | 0.03% | +0.00 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.06% | +0.00 |
| ORCL Oracle Corp. | Reduce -4.8% | 0.06% | +0.01 |
| IBM Intl Business Machines Corp. | Reduce -1.6% | 0.05% | +0.01 |
| AAPL Apple Inc. | Reduce -4.0% | 1.31% | +0.01 |
| TJX TJX Companies Inc. | Reduce -0.4% | 1.06% | +0.01 |
| TYL Tyler Technologies Inc. | Reduce -4.8% | 0.82% | +0.04 |
| ITW Illinois Tool Works | Reduce -1.1% | 1.10% | +0.04 |
| ABT Abbott Laboratories | Reduce -1.1% | 1.78% | +0.05 |
| NKE Nike Inc. Class B | Reduce -0.7% | 0.65% | +0.06 |
| LIN Linde PLC | Reduce -0.4% | 2.72% | +0.07 |
| NDSN Nordson Corp. | Reduce -0.2% | 1.08% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.8% | 1.52% | +0.07 |
| BALL Ball Corp. | Reduce -0.2% | 1.34% | +0.09 |
| MCO Moody's Corp. | Reduce -1.2% | 1.71% | +0.09 |
| SSNC Ss&c Technologies Holdings | Reduce -2.8% | 1.40% | +0.12 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -2.3% | 1.28% | +0.13 |
| HD Home Depot Inc. | Reduce -0.6% | 1.49% | +0.15 |
Portfolio Buys Q2 2024 → Q3 2024
| SHW The Sherwin-Williams Co. | Add +110.4% | 1.79% | +1.09 |
| TRMB Trimble Inc. | Add +65.2% | 1.83% | +0.78 |
| JNJ Johnson & Johnson | Add +21.4% | 2.09% | +0.45 |
| KVUE Kenvue Inc. | Add +28.0% | 1.13% | +0.40 |
| PCAR Paccar Inc. | Add +64.8% | 1.06% | +0.35 |
| EPAM Epam Systems Inc. | Add +28.1% | 0.92% | +0.20 |
| MRK Merck & Co. Inc. | Add +25.5% | 1.99% | +0.17 |
| MKTX Marketaxess Holdings Inc. | Add +2.2% | 0.65% | +0.13 |
| AVTR Avantor Inc. | Add +0.6% | 0.88% | +0.12 |
| FAST Fastenal Co. | Add +0.2% | 1.46% | +0.11 |
| DHR Danaher Corp. | Add +1.2% | 1.57% | +0.10 |
| WTFC Wintrust Financial Corp. | New | 0.09% | +0.09 |
| UNP Union Pacific Corp. | Add +0.7% | 1.58% | +0.06 |
| IVV iShares Core S&P 500 ETF | Add +2.4% | 2.61% | +0.06 |
| KNX Knight-Swift Transportation | Add +1.9% | 1.34% | +0.06 |
| IJR iShares Core S&P Small-Cap E | Add +1.6% | 0.94% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +1.9% | 1.14% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +17.9% | 0.19% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +1.1% | 0.92% | +0.02 |
| PG The Procter & Gamble Co. | Add +58.9% | 0.06% | +0.02 |
| FBND Fidelity Total Bond ETF | Add +29.5% | 0.09% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +1.1% | 0.44% | +0.02 |
| WEC WEC Energy Group Inc. | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | New | 0.02% | +0.02 |
| OGE Oge Energy Corp. | New | 0.01% | +0.01 |
| AFL Aflac Inc. | New | 0.01% | +0.01 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.01% | +0.01 |
| CCC CCC Intelligent Solutions Ho | Add +10.3% | 0.26% | +0.01 |
| V Visa Inc. Class A | Add +1.1% | 2.37% | +0.01 |
| WMT Walmart Inc. | Add +1.7% | 0.06% | +0.01 |
| LMT Lockheed Martin Corp. | Add +0.7% | 0.04% | +0.01 |
| EFG iShares MSCI Eafe Growth ETF | Add +2.0% | 0.31% | +0.01 |
| ABBV Abbvie Inc. | Add +2.2% | 0.04% | +0.00 |
| FLTB Fidelity Ltd. TRM BND ETF | Add +8.7% | 0.04% | +0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +41.0% | 0.02% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.3% | 0.05% | +0.00 |
| VZ Verizon Communications Inc. | Add +0.0% | 0.02% | +0.00 |
| OPK Opko Health Inc. | Add +8.0% | 0.00% | +0.00 |
| PEP Pepsico Inc. | Add +0.2% | 0.07% | −0.00 |
| ASML ASML Holding NV-NY Reg SHS | Add +16.1% | 0.01% | −0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.6% | 0.36% | −0.01 |
| F Ford Motor Co. | Add +1.2% | 0.05% | −0.01 |
| CDW CDW Corp. | Add +1.0% | 0.85% | −0.03 |
| AMZN Amazon.com Inc. | Add +8.2% | 2.80% | −0.03 |
| QLYS Qualys Inc. | Add +3.5% | 1.01% | −0.13 |
| HUBS HubSpot Inc. | Add +4.8% | 1.31% | −0.15 |
| ADBE Adobe Inc. | Add +0.5% | 1.62% | −0.20 |
| GOOGL Alphabet Inc. Class A | Add +1.0% | 4.78% | −0.70 |
Notes & Other Activity Q2 2024 → Q3 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -7.9% | 4,931 | $6.3M |
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 |