Norris Perne & French LLP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 17, 2025), Norris Perne & French LLP reported 163 stock positions worth $1.4 billion. Its top holding was Microsoft (MSFT) at 8.3% of the portfolio, followed by Alphabet Class A (GOOGL, 4.5%) and Amazon.com (AMZN, 3.4%). Compared with Q2 2025, it opened 12 new positions, sold out of 1, added to 63 and reduced 58. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +8%) and the biggest sale Charles River Laboratories (CRL, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- GRAND RAPIDS, MI
- CIK
- 0001092290
- Portfolio Value
- $1.4B (Q3 2025)
- SEC Filing
- 0001092290-25-000012 ↗ filed Oct 17, 2025
Holdings Value
Holdings 163 stocks · $1.4B
| MSFT Microsoft Corp. | 8.28% | 229,949 | $119.1M | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 4.52% | 267,648 | $65.1M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 3.42% | 224,476 | $49.3M | Reduce -1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.26% | 93,371 | $46.9M | Add +0.5% |
| V Visa Inc. Class A | 3.15% | 132,880 | $45.4M | Add +0.4% |
| TSM Taiwan Semiconductor-SP ADR | 2.96% | 152,598 | $42.6M | Add +8.3% |
| IVV iShares Core S&P 500 ETF | 2.80% | 60,207 | $40.3M | Add +0.1% |
| LIN Linde PLC | 2.70% | 81,906 | $38.9M | Reduce -0.1% |
| AMAT Applied Materials Inc. | 2.68% | 188,053 | $38.5M | Reduce -0.3% |
| UNP Union Pacific Corp. | 2.57% | 156,707 | $37.0M | Add +19.3% |
| JNJ Johnson & Johnson | 2.47% | 191,872 | $35.6M | Add +0.1% |
| COHR Coherent Corp. | 2.45% | 327,307 | $35.3M | Reduce -1.7% |
| LNG Cheniere Energy Inc. | 2.22% | 136,139 | $32.0M | Add +0.9% |
| SHW The Sherwin-Williams Co. | 2.09% | 86,699 | $30.0M | Add +0.2% |
| ECL Ecolab Inc. | 2.02% | 106,405 | $29.1M | Add +0.8% |
| ABT Abbott Laboratories | 2.00% | 215,141 | $28.8M | Reduce -2.4% |
| TRMB Trimble Inc. | 1.89% | 332,362 | $27.1M | Reduce -2.3% |
| MCO Moody's Corp. | 1.87% | 56,625 | $27.0M | Reduce -0.7% |
| PCAR Paccar Inc. | 1.75% | 256,839 | $25.3M | Reduce -8.4% |
| BALL Ball Corp. | 1.71% | 489,460 | $24.7M | Reduce -9.8% |
| SSNC Ss&c Technologies Holdings | 1.59% | 258,434 | $22.9M | Reduce -2.3% |
| VRSK Verisk Analytics Inc. | 1.58% | 90,636 | $22.8M | Add +47.3% |
| AAPL Apple Inc. | 1.51% | 85,588 | $21.8M | Add +19.1% |
| ALSN Allison Transmission Holding | 1.51% | 256,329 | $21.8M | Reduce -14.1% |
| KLAC KLA Corp. | 1.47% | 19,580 | $21.1M | Reduce -5.3% |
| FAST Fastenal Co. | 1.45% | 424,190 | $20.8M | Reduce -0.3% |
| HD Home Depot Inc. | 1.44% | 51,325 | $20.8M | Reduce -2.6% |
| MRK Merck & Co. Inc. | 1.30% | 223,527 | $18.8M | Reduce -14.1% |
| ADBE Adobe Inc. | 1.27% | 51,928 | $18.3M | Reduce -24.3% |
| PWR Quanta Services Inc. | 1.24% | 42,980 | $17.8M | Reduce -42.6% |
| MSI Motorola Solutions Inc. | 1.23% | 38,677 | $17.7M | Add +30.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.20% | 119,010 | $17.2M | Reduce -2.5% |
| ZBRA Zebra Technologies Corp. Class A | 1.18% | 57,378 | $17.1M | Reduce -5.7% |
| SYK Stryker Corp. | 1.16% | 45,153 | $16.7M | Add +157.5% |
| KNX Knight-Swift Transportation | 1.14% | 415,373 | $16.4M | Reduce -12.4% |
| IJH iShares Core S&P Midcap ETF | 1.13% | 248,362 | $16.2M | Add +1.9% |
| ITW Illinois Tool Works | 1.10% | 60,927 | $15.9M | Reduce -1.1% |
| HUBS HubSpot Inc. | 1.08% | 33,255 | $15.6M | Reduce -1.0% |
| QLYS Qualys Inc. | 1.07% | 116,248 | $15.4M | Reduce -2.3% |
| DHR Danaher Corp. | 1.05% | 76,056 | $15.1M | Reduce -12.7% |
| IJR iShares Core S&P Small-Cap E | 0.95% | 115,377 | $13.7M | Add +2.2% |
| NDSN Nordson Corp. | 0.92% | 58,614 | $13.3M | Reduce -5.6% |
| TMO Thermo Fisher Scientific Inc. | 0.89% | 26,417 | $12.8M | Add +0.1% |
| EPAM Epam Systems Inc. | 0.84% | 80,045 | $12.1M | Reduce -31.7% |
| AVTR Avantor Inc. | 0.78% | 897,435 | $11.2M | Reduce -1.6% |
| TYL Tyler Technologies Inc. | 0.70% | 19,358 | $10.1M | Reduce -1.4% |
| MA Mastercard Inc. Class A | 0.69% | 17,442 | $9.9M | Add +1670.8% |
| RSP Invesco S&P 500 Equal Weight | 0.67% | 50,819 | $9.6M | Add +10.4% |
| ANET Arista Networks Inc. | 0.65% | 63,951 | $9.3M | Add +2.0% |
| IWV iShares Russell 3000 ETF | 0.60% | 22,880 | $8.7M | Add +0.0% |
| KVUE Kenvue Inc. | 0.60% | 531,799 | $8.6M | Reduce -25.1% |
| LHX L3HARRIS Technologies Inc. | 0.57% | 26,930 | $8.2M | Reduce -61.2% |
| ZTS Zoetis Inc. | 0.51% | 50,516 | $7.4M | Reduce -28.9% |
| IDEV iShares Core MSCI Dev MKTS | 0.47% | 84,535 | $6.8M | Add +0.8% |
| SGOV iShares 0-3 Month Treasury B | 0.46% | 66,380 | $6.7M | Add +5.2% |
| META Meta Platforms Inc. Class A | 0.45% | 8,804 | $6.5M | Add +3.8% |
| JPM JPMorgan Chase & Co. | 0.41% | 18,572 | $5.9M | Add +69.6% |
| EFG iShares MSCI Eafe Growth ETF | 0.39% | 49,368 | $5.6M | Add +1.0% |
| VERX Vertex Inc. Class A | 0.36% | 206,136 | $5.1M | Reduce -18.2% |
| GOOG Alphabet Inc. Class C | 0.35% | 20,845 | $5.1M | Reduce -1.2% |
| VEA Vanguard Ftse Developed ETF | 0.34% | 82,055 | $4.9M | Add +0.9% |
| COST Costco Wholesale Corp. | 0.27% | 4,213 | $3.9M | Add +0.5% |
| NVDA Nvidia Corp. | 0.22% | 16,705 | $3.1M | Reduce -1.1% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 54,252 | $2.9M | Add +2.1% |
| IEMG iShares Core MSCI Emerging | 0.20% | 43,400 | $2.9M | Add +0.9% |
| FBND Fidelity Total Bond ETF | 0.19% | 60,269 | $2.8M | Add +15.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.15% | 4,579 | $2.2M | Reduce -2.6% |
| WM Waste Management Inc. | 0.15% | 9,931 | $2.2M | No change |
| IWF iShares Russell 1000 Growth | 0.13% | 4,058 | $1.9M | Reduce -22.2% |
| ORCL Oracle Corp. | 0.13% | 6,561 | $1.8M | Add +26.3% |
| CRL Charles River Laboratories | 0.11% | 9,673 | $1.5M | Reduce -92.0% |
| GNTX Gentex Corp. | 0.10% | 51,599 | $1.5M | Add +138.7% |
| WTFC Wintrust Financial Corp. | 0.10% | 10,378 | $1.4M | No change |
| PG The Procter & Gamble Co. | 0.09% | 8,560 | $1.3M | Add +46.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.09% | 17,621 | $1.3M | No change |
| NFLX Netflix Inc. | 0.08% | 977 | $1.2M | No change |
| SO The Southern Co. | 0.08% | 11,434 | $1.1M | Add +0.2% |
| IWD iShares Russell 1000 Value E | 0.07% | 5,229 | $1.1M | No change |
| WMT Walmart Inc. | 0.07% | 9,900 | $1.0M | Add +0.2% |
| CPRT Copart Inc. | 0.07% | 22,486 | $1.0M | No change |
| XOM Exxon Mobil Corp. | 0.06% | 7,986 | $900K | Add +64.0% |
| NKE Nike Inc. Class B | 0.06% | 12,819 | $894K | Reduce -7.4% |
| PEP Pepsico Inc. | 0.06% | 6,222 | $874K | Reduce -2.6% |
| F Ford Motor Co. filed as FORD MTR CO | 0.06% | 71,214 | $852K | Add +0.8% |
| ISRG Intuitive Surgical Inc. | 0.06% | 1,897 | $848K | No change |
| ABBV Abbvie Inc. | 0.06% | 3,525 | $816K | Add +17.1% |
| IWY iShares Russell Top 200 Grow | 0.05% | 2,800 | $766K | No change |
| RTX RTX Corp. | 0.05% | 4,482 | $750K | Add +2.4% |
| CDW CDW Corp. | 0.05% | 4,391 | $699K | Reduce -91.8% |
| KO The Coca-Cola Co. | 0.05% | 10,532 | $698K | Reduce -0.1% |
| APH Amphenol Corp. Class A | 0.05% | 5,623 | $696K | Reduce -5.1% |
| PAYX Paychex Inc. | 0.05% | 5,485 | $695K | Add +0.6% |
| NSC Norfolk Southern Corp. | 0.05% | 2,290 | $688K | No change |
| CSCO Cisco Systems Inc. | 0.05% | 9,963 | $682K | Add +63.5% |
| CCC CCC Intelligent Solutions Ho | 0.05% | 74,581 | $679K | Reduce -83.0% |
| FLTB Fidelity Ltd. TRM BND ETF | 0.05% | 13,188 | $668K | Reduce -8.3% |
| CHD Church & Dwight Co. Inc. | 0.05% | 7,598 | $666K | Reduce -0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 2,350 | $663K | Add +14.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.04% | 5,633 | $622K | New |
| LECO Lincoln Electric Holdings | 0.04% | 2,580 | $608K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,886 | $4.8M | Reduce -9.2% |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q2 2025 → Q3 2025
| CRL Charles River Laboratories | Reduce -92.0% | 0.11% | −1.17 |
| PWR Quanta Services Inc. | Reduce -42.6% | 1.24% | −0.74 |
| LHX L3HARRIS Technologies Inc. | Reduce -61.2% | 0.57% | −0.65 |
| CDW CDW Corp. | Reduce -91.8% | 0.05% | −0.62 |
| EPAM Epam Systems Inc. | Reduce -31.7% | 0.84% | −0.61 |
| ADBE Adobe Inc. | Reduce -24.3% | 1.27% | −0.58 |
| MKTX Marketaxess Holdings Inc. | Reduce -94.8% | 0.02% | −0.55 |
| ALSN Allison Transmission Holding | Reduce -14.1% | 1.51% | −0.47 |
| KVUE Kenvue Inc. | Reduce -25.1% | 0.60% | −0.44 |
| BALL Ball Corp. | Reduce -9.8% | 1.71% | −0.41 |
| KNX Knight-Swift Transportation | Reduce -12.4% | 1.14% | −0.33 |
| VERX Vertex Inc. Class A | Reduce -18.2% | 0.36% | −0.27 |
| ZTS Zoetis Inc. | Reduce -28.9% | 0.51% | −0.26 |
| CCC CCC Intelligent Solutions Ho | Reduce -83.0% | 0.05% | −0.24 |
| HUBS HubSpot Inc. | Reduce -1.0% | 1.08% | −0.23 |
| DHR Danaher Corp. | Reduce -12.7% | 1.05% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -14.1% | 1.30% | −0.14 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -5.7% | 1.18% | −0.13 |
| MCO Moody's Corp. | Reduce -0.7% | 1.87% | −0.12 |
| QLYS Qualys Inc. | Reduce -2.3% | 1.07% | −0.12 |
| TYL Tyler Technologies Inc. | Reduce -1.4% | 0.70% | −0.11 |
| PCAR Paccar Inc. | Reduce -8.4% | 1.75% | −0.11 |
| ABT Abbott Laboratories | Reduce -2.4% | 2.00% | −0.09 |
| AVTR Avantor Inc. | Reduce -1.6% | 0.78% | −0.08 |
| AMZN Amazon.com Inc. | Reduce -1.6% | 3.42% | −0.07 |
| IWF iShares Russell 1000 Growth | Reduce -22.2% | 0.13% | −0.02 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.02 |
| NKE Nike Inc. Class B | Reduce -7.4% | 0.06% | −0.01 |
| NDSN Nordson Corp. | Reduce -5.6% | 0.92% | −0.01 |
| CHD Church & Dwight Co. Inc. | Reduce -0.0% | 0.05% | −0.00 |
| SBUX Starbucks Corp. | Reduce -8.0% | 0.02% | −0.00 |
| FLTB Fidelity Ltd. TRM BND ETF | Reduce -8.3% | 0.05% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -25.3% | 0.02% | −0.00 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.05% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -0.1% | 0.02% | −0.00 |
| MAR Marriott International Class A | Reduce -1.2% | 0.02% | −0.00 |
| AON Aon PLC Class A | Reduce -2.0% | 0.02% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -0.4% | 0.02% | +0.00 |
| JCI Johnson Controls Internation | Reduce -0.4% | 0.02% | +0.00 |
| NVS Novartis AG-Sponsored ADR | Reduce -0.4% | 0.02% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.4% | 0.02% | +0.00 |
| CSX CSX Corp. | Reduce -0.3% | 0.02% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.0% | 0.03% | +0.00 |
| PEP Pepsico Inc. | Reduce -2.6% | 0.06% | +0.00 |
| APH Amphenol Corp. Class A | Reduce -5.1% | 0.05% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.6% | 0.15% | +0.01 |
| LIN Linde PLC | Reduce -0.1% | 2.70% | +0.01 |
| NVDA Nvidia Corp. | Reduce -1.1% | 0.22% | +0.03 |
| ITW Illinois Tool Works | Reduce -1.1% | 1.10% | +0.04 |
| SSNC Ss&c Technologies Holdings | Reduce -2.3% | 1.59% | +0.06 |
Portfolio Buys Q2 2025 → Q3 2025
| TSM Taiwan Semiconductor-SP ADR | Add +8.3% | 2.96% | +0.73 |
| SYK Stryker Corp. | Add +157.5% | 1.16% | +0.68 |
| MA Mastercard Inc. Class A | Add +1670.8% | 0.69% | +0.65 |
| AAPL Apple Inc. | Add +19.1% | 1.51% | +0.48 |
| UNP Union Pacific Corp. | Add +19.3% | 2.57% | +0.46 |
| JNJ Johnson & Johnson | Add +0.1% | 2.47% | +0.43 |
| MSFT Microsoft Corp. | Add +1.1% | 8.28% | +0.37 |
| MSI Motorola Solutions Inc. | Add +30.3% | 1.23% | +0.36 |
| VRSK Verisk Analytics Inc. | Add +47.3% | 1.58% | +0.24 |
| ANET Arista Networks Inc. | Add +2.0% | 0.65% | +0.20 |
| IVV iShares Core S&P 500 ETF | Add +0.1% | 2.80% | +0.19 |
| JPM JPMorgan Chase & Co. | Add +69.6% | 0.41% | +0.19 |
| TMO Thermo Fisher Scientific Inc. | Add +0.1% | 0.89% | +0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.5% | 3.26% | +0.11 |
| IJR iShares Core S&P Small-Cap E | Add +2.2% | 0.95% | +0.09 |
| RSP Invesco S&P 500 Equal Weight | Add +10.4% | 0.67% | +0.09 |
| IJH iShares Core S&P Midcap ETF | Add +1.9% | 1.13% | +0.07 |
| GNTX Gentex Corp. | Add +138.7% | 0.10% | +0.07 |
| ORCL Oracle Corp. | Add +26.3% | 0.13% | +0.05 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.04% | +0.04 |
| IWV iShares Russell 3000 ETF | Add +0.0% | 0.60% | +0.04 |
| ECL Ecolab Inc. | Add +0.8% | 2.02% | +0.04 |
| FBND Fidelity Total Bond ETF | Add +15.9% | 0.19% | +0.03 |
| PG The Procter & Gamble Co. | Add +46.5% | 0.09% | +0.03 |
| XOM Exxon Mobil Corp. | Add +64.0% | 0.06% | +0.03 |
| IDEV iShares Core MSCI Dev MKTS | Add +0.8% | 0.47% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +2.1% | 0.20% | +0.02 |
| SGOV iShares 0-3 Month Treasury B | Add +5.2% | 0.46% | +0.02 |
| BR Broadridge Financial Solutio | New | 0.02% | +0.02 |
| CMA Comerica Inc. | New | 0.02% | +0.02 |
| T AT&T Inc. | New | 0.02% | +0.02 |
| QCOM Qualcomm Inc. | Add +103.8% | 0.04% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +0.9% | 0.20% | +0.02 |
| CSCO Cisco Systems Inc. | Add +63.5% | 0.05% | +0.02 |
| ABBV Abbvie Inc. | Add +17.1% | 0.06% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +0.9% | 0.34% | +0.02 |
| ADP Automatic Data Processing | New | 0.02% | +0.02 |
| AVGO Broadcom Inc. | New | 0.02% | +0.02 |
| EMR Emerson Electric Co. | New | 0.02% | +0.02 |
| AMD Advanced Micro Devices | New | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | New | 0.01% | +0.01 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.01% | +0.01 |
| VXF Vanguard Extended Market ETF | New | 0.01% | +0.01 |
| FE Firstenergy Corp. | New | 0.01% | +0.01 |
| META Meta Platforms Inc. Class A | Add +3.8% | 0.45% | +0.01 |
| SHW The Sherwin-Williams Co. | Add +0.2% | 2.09% | +0.01 |
| EFG iShares MSCI Eafe Growth ETF | Add +1.0% | 0.39% | +0.01 |
| FCOR Fidelity Corporate Bond ETF | Add +49.3% | 0.02% | +0.01 |
| RTX RTX Corp. | Add +2.4% | 0.05% | +0.01 |
| CVX Chevron Corp. | Add +29.8% | 0.02% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -9.2% | 3,886 | $4.8M |
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 |