Norris Perne & French LLP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Norris Perne & French LLP reported 162 stock positions worth $1.5 billion. Its top holding was Microsoft (MSFT) at 7.3% of the portfolio, followed by Alphabet Class A (GOOGL, 5.4%) and Coherent (COHR, 3.8%). Compared with Q3 2025, it opened 8 new positions, sold out of 9, added to 71 and reduced 56. The biggest buy was Ball (BALL, shares +48%) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- GRAND RAPIDS, MI
- CIK
- 0001092290
- Portfolio Value
- $1.5B (Q4 2025)
- SEC Filing
- 0001092290-26-000003 ↗ filed Jan 23, 2026
Holdings Value
Holdings 162 stocks · $1.5B
| MSFT Microsoft Corp. | 7.28% | 227,370 | $110.0M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 5.39% | 260,218 | $81.4M | Reduce -2.8% |
| COHR Coherent Corp. | 3.79% | 310,425 | $57.3M | Reduce -5.2% |
| AMZN Amazon.com Inc. | 3.39% | 221,529 | $51.1M | Reduce -1.3% |
| AMAT Applied Materials Inc. | 3.11% | 182,823 | $47.0M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.07% | 92,206 | $46.3M | Reduce -1.3% |
| V Visa Inc. Class A | 3.06% | 131,914 | $46.3M | Reduce -0.7% |
| TSM Taiwan Semiconductor-SP ADR | 3.04% | 150,953 | $45.9M | Reduce -1.1% |
| IVV iShares Core S&P 500 ETF | 2.77% | 61,169 | $41.9M | Add +1.6% |
| JNJ Johnson & Johnson | 2.56% | 186,600 | $38.6M | Reduce -2.8% |
| BALL Ball Corp. | 2.54% | 724,612 | $38.4M | Add +48.0% |
| UNP Union Pacific Corp. | 2.35% | 153,331 | $35.5M | Reduce -2.1% |
| PCAR Paccar Inc. | 2.31% | 318,551 | $34.9M | Add +24.0% |
| LIN Linde PLC | 2.29% | 81,224 | $34.6M | Reduce -0.8% |
| VRSK Verisk Analytics Inc. | 1.94% | 131,304 | $29.4M | Add +44.9% |
| MCO Moody's Corp. | 1.87% | 55,257 | $28.2M | Reduce -2.4% |
| ECL Ecolab Inc. | 1.80% | 103,685 | $27.2M | Reduce -2.6% |
| SHW The Sherwin-Williams Co. | 1.77% | 82,683 | $26.8M | Reduce -4.6% |
| LNG Cheniere Energy Inc. | 1.76% | 136,703 | $26.6M | Add +0.4% |
| MRK Merck & Co. Inc. | 1.76% | 252,162 | $26.5M | Add +12.8% |
| ABT Abbott Laboratories | 1.74% | 209,493 | $26.2M | Reduce -2.6% |
| TRMB Trimble Inc. | 1.68% | 322,953 | $25.3M | Reduce -2.8% |
| ALSN Allison Transmission Holding | 1.63% | 251,281 | $24.6M | Reduce -2.0% |
| EPAM Epam Systems Inc. | 1.63% | 120,018 | $24.6M | Add +49.9% |
| AAPL Apple Inc. | 1.56% | 86,726 | $23.6M | Add +1.3% |
| KNX Knight-Swift Transportation | 1.54% | 444,318 | $23.2M | Add +7.0% |
| SSNC Ss&c Technologies Holdings | 1.46% | 252,334 | $22.1M | Reduce -2.4% |
| ADBE Adobe Inc. | 1.35% | 58,379 | $20.4M | Add +12.4% |
| DHR Danaher Corp. | 1.30% | 85,484 | $19.6M | Add +12.4% |
| KLAC KLA Corp. | 1.24% | 15,453 | $18.8M | Reduce -21.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.16% | 114,382 | $17.6M | Reduce -3.9% |
| HD Home Depot Inc. | 1.15% | 50,629 | $17.4M | Reduce -1.4% |
| IJH iShares Core S&P Midcap ETF | 1.13% | 258,487 | $17.1M | Add +4.1% |
| PWR Quanta Services Inc. | 1.12% | 40,187 | $17.0M | Reduce -6.5% |
| FAST Fastenal Co. | 1.10% | 412,304 | $16.5M | Reduce -2.8% |
| SYK Stryker Corp. | 1.07% | 45,860 | $16.1M | Add +1.6% |
| MSI Motorola Solutions Inc. | 1.00% | 39,241 | $15.0M | Add +1.5% |
| TMO Thermo Fisher Scientific Inc. | 1.00% | 25,953 | $15.0M | Reduce -1.8% |
| QLYS Qualys Inc. | 0.99% | 112,826 | $15.0M | Reduce -2.9% |
| IJR iShares Core S&P Small-Cap E | 0.95% | 119,199 | $14.3M | Add +3.3% |
| NDSN Nordson Corp. | 0.91% | 57,305 | $13.8M | Reduce -2.2% |
| MA Mastercard Inc. Class A | 0.91% | 24,054 | $13.7M | Add +37.9% |
| HUBS HubSpot Inc. | 0.89% | 33,606 | $13.5M | Add +1.1% |
| ZBRA Zebra Technologies Corp. Class A | 0.89% | 55,466 | $13.5M | Reduce -3.3% |
| NVDA Nvidia Corp. | 0.81% | 65,228 | $12.2M | Add +290.5% |
| RSP Invesco S&P 500 Equal Weight | 0.71% | 56,163 | $10.8M | Add +10.5% |
| IDEV iShares Core MSCI Dev MKTS | 0.62% | 113,853 | $9.4M | Add +34.7% |
| IWV iShares Russell 3000 ETF | 0.59% | 22,880 | $8.9M | No change |
| TYL Tyler Technologies Inc. | 0.57% | 18,807 | $8.5M | Reduce -2.9% |
| ZTS Zoetis Inc. | 0.53% | 63,050 | $7.9M | Add +24.8% |
| ETN Eaton Corp. PLC | 0.52% | 24,781 | $7.9M | New |
| ITW Illinois Tool Works | 0.51% | 31,342 | $7.7M | Reduce -48.6% |
| LHX L3HARRIS Technologies Inc. | 0.49% | 25,358 | $7.4M | Reduce -5.8% |
| GOOG Alphabet Inc. Class C | 0.44% | 21,172 | $6.6M | Add +1.6% |
| JPM JPMorgan Chase & Co. | 0.40% | 18,982 | $6.1M | Add +2.2% |
| META Meta Platforms Inc. Class A | 0.39% | 9,035 | $6.0M | Add +2.6% |
| EFG iShares MSCI Eafe Growth ETF | 0.39% | 51,513 | $5.9M | Add +4.3% |
| ANET Arista Networks Inc. | 0.37% | 42,499 | $5.6M | Reduce -33.5% |
| VERX Vertex Inc. Class A | 0.34% | 259,854 | $5.2M | Add +26.1% |
| VEA Vanguard Ftse Developed ETF | 0.34% | 81,101 | $5.1M | Reduce -1.2% |
| COST Costco Wholesale Corp. | 0.24% | 4,217 | $3.6M | Add +0.1% |
| IEMG iShares Core MSCI Emerging | 0.20% | 44,540 | $3.0M | Add +2.6% |
| VWO Vanguard Ftse Emerging Marke | 0.19% | 53,564 | $2.9M | Reduce -1.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 5,737 | $2.8M | Add +25.3% |
| FBND Fidelity Total Bond ETF | 0.18% | 60,271 | $2.8M | Add +0.0% |
| WM Waste Management Inc. | 0.15% | 10,498 | $2.3M | Add +5.7% |
| SGOV iShares 0-3 Month Treasury B | 0.15% | 22,661 | $2.3M | Reduce -65.9% |
| IWF iShares Russell 1000 Growth | 0.13% | 4,058 | $1.9M | No change |
| WTFC Wintrust Financial Corp. | 0.10% | 10,808 | $1.5M | Add +4.1% |
| PG The Procter & Gamble Co. | 0.10% | 10,151 | $1.5M | Add +18.6% |
| ORCL Oracle Corp. | 0.09% | 6,917 | $1.3M | Add +5.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.09% | 5,121 | $1.3M | Add +148.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.09% | 17,621 | $1.3M | No change |
| VOO Vanguard S&P 500 ETF | 0.08% | 2,038 | $1.3M | Add +490.7% |
| ISRG Intuitive Surgical Inc. | 0.08% | 2,243 | $1.3M | Add +18.2% |
| GNTX Gentex Corp. | 0.08% | 53,294 | $1.2M | Add +3.3% |
| WMT Walmart Inc. | 0.07% | 10,088 | $1.1M | Add +1.9% |
| IWD iShares Russell 1000 Value E | 0.07% | 5,229 | $1.1M | No change |
| CRL Charles River Laboratories | 0.07% | 5,475 | $1.1M | Reduce -43.4% |
| SO The Southern Co. | 0.07% | 11,266 | $982K | Reduce -1.5% |
| XOM Exxon Mobil Corp. | 0.06% | 8,066 | $971K | Add +1.0% |
| F Ford Motor Co. filed as FORD MTR CO | 0.06% | 71,942 | $944K | Add +1.0% |
| NFLX Netflix Inc. | 0.06% | 9,880 | $926K | Add +1.1% |
| RTX RTX Corp. | 0.06% | 4,866 | $892K | Add +8.6% |
| PEP Pepsico Inc. | 0.06% | 6,217 | $892K | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.06% | 821 | $883K | Add +37.8% |
| NKE Nike Inc. Class B | 0.06% | 13,819 | $880K | Add +7.8% |
| CPRT Copart Inc. | 0.06% | 22,486 | $880K | No change |
| ABBV Abbvie Inc. | 0.05% | 3,492 | $798K | Reduce -0.9% |
| APH Amphenol Corp. Class A | 0.05% | 5,875 | $794K | Add +4.5% |
| IWY iShares Russell Top 200 Grow | 0.05% | 2,800 | $775K | No change |
| FLTB Fidelity Ltd. TRM BND ETF | 0.05% | 15,086 | $764K | Add +14.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 2,478 | $734K | Add +5.5% |
| KO The Coca-Cola Co. | 0.05% | 10,405 | $727K | Reduce -1.2% |
| CSCO Cisco Systems Inc. | 0.05% | 9,097 | $701K | Reduce -8.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.04% | 5,633 | $620K | No change |
| LECO Lincoln Electric Holdings | 0.04% | 2,580 | $618K | No change |
| CHD Church & Dwight Co. Inc. | 0.04% | 7,266 | $609K | Reduce -4.4% |
| PAYX Paychex Inc. | 0.04% | 5,370 | $602K | Reduce -2.1% |
| PH Parker Hannifin Corp. | 0.04% | 645 | $567K | Reduce -5.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,777 | $4.6M | Reduce -2.8% |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -1.1% | 7.28% | −1.00 |
| AVTR Avantor Inc. | Sold out | 0.00% | −0.78 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.60 |
| ITW Illinois Tool Works | Reduce -48.6% | 0.51% | −0.59 |
| LIN Linde PLC | Reduce -0.8% | 2.29% | −0.41 |
| FAST Fastenal Co. | Reduce -2.8% | 1.10% | −0.35 |
| SGOV iShares 0-3 Month Treasury B | Reduce -65.9% | 0.15% | −0.31 |
| SHW The Sherwin-Williams Co. | Reduce -4.6% | 1.77% | −0.31 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -3.3% | 0.89% | −0.29 |
| HD Home Depot Inc. | Reduce -1.4% | 1.15% | −0.29 |
| ANET Arista Networks Inc. | Reduce -33.5% | 0.37% | −0.28 |
| ABT Abbott Laboratories | Reduce -2.6% | 1.74% | −0.26 |
| UNP Union Pacific Corp. | Reduce -2.1% | 2.35% | −0.23 |
| KLAC KLA Corp. | Reduce -21.1% | 1.24% | −0.22 |
| ECL Ecolab Inc. | Reduce -2.6% | 1.80% | −0.22 |
| TRMB Trimble Inc. | Reduce -2.8% | 1.68% | −0.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 3.07% | −0.19 |
| TYL Tyler Technologies Inc. | Reduce -2.9% | 0.57% | −0.14 |
| SSNC Ss&c Technologies Holdings | Reduce -2.4% | 1.46% | −0.13 |
| PWR Quanta Services Inc. | Reduce -6.5% | 1.12% | −0.11 |
| V Visa Inc. Class A | Reduce -0.7% | 3.06% | −0.09 |
| LHX L3HARRIS Technologies Inc. | Reduce -5.8% | 0.49% | −0.08 |
| QLYS Qualys Inc. | Reduce -2.9% | 0.99% | −0.08 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 3.39% | −0.04 |
| CRL Charles River Laboratories | Reduce -43.4% | 0.07% | −0.03 |
| TJX TJX Companies Inc. | Reduce -3.9% | 1.16% | −0.03 |
| CCC CCC Intelligent Solutions Ho | Reduce -56.4% | 0.02% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.02 |
| FCOR Fidelity Corporate Bond ETF | Sold out | 0.00% | −0.02 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.02 |
| CDW CDW Corp. | Reduce -28.1% | 0.03% | −0.02 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.02 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.02 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.3% | 0.19% | −0.01 |
| NDSN Nordson Corp. | Reduce -2.2% | 0.91% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -17.3% | 0.04% | −0.01 |
| SO The Southern Co. | Reduce -1.5% | 0.07% | −0.01 |
| PAYX Paychex Inc. | Reduce -2.1% | 0.04% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -20.3% | 0.02% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.2% | 0.34% | −0.01 |
| CHD Church & Dwight Co. Inc. | Reduce -4.4% | 0.04% | −0.01 |
| MCO Moody's Corp. | Reduce -2.4% | 1.87% | −0.01 |
| ABBV Abbvie Inc. | Reduce -0.9% | 0.05% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -8.2% | 0.02% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -6.3% | 0.02% | −0.00 |
| OPK Opko Health Inc. | Sold out | 0.00% | −0.00 |
| SBUX Starbucks Corp. | Reduce -7.1% | 0.02% | −0.00 |
| AFL Aflac Inc. | Reduce -6.1% | 0.01% | −0.00 |
| MAR Marriott International Class A | Reduce -21.3% | 0.01% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| BALL Ball Corp. | Add +48.0% | 2.54% | +0.83 |
| EPAM Epam Systems Inc. | Add +49.9% | 1.63% | +0.79 |
| NVDA Nvidia Corp. | Add +290.5% | 0.81% | +0.59 |
| PCAR Paccar Inc. | Add +24.0% | 2.31% | +0.55 |
| ETN Eaton Corp. PLC | New | 0.52% | +0.52 |
| MRK Merck & Co. Inc. | Add +12.8% | 1.76% | +0.45 |
| KNX Knight-Swift Transportation | Add +7.0% | 1.54% | +0.40 |
| VRSK Verisk Analytics Inc. | Add +44.9% | 1.94% | +0.36 |
| DHR Danaher Corp. | Add +12.4% | 1.30% | +0.25 |
| MA Mastercard Inc. Class A | Add +37.9% | 0.91% | +0.22 |
| IDEV iShares Core MSCI Dev MKTS | Add +34.7% | 0.62% | +0.15 |
| GOOG Alphabet Inc. Class C | Add +1.6% | 0.44% | +0.09 |
| ADBE Adobe Inc. | Add +12.4% | 1.35% | +0.08 |
| VOO Vanguard S&P 500 ETF | Add +490.7% | 0.08% | +0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +148.6% | 0.09% | +0.05 |
| AAPL Apple Inc. | Add +1.3% | 1.56% | +0.05 |
| RSP Invesco S&P 500 Equal Weight | Add +10.5% | 0.71% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +25.3% | 0.19% | +0.03 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| LLY Eli Lilly & Co. | Add +37.8% | 0.06% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +18.2% | 0.08% | +0.03 |
| SPHQ Invesco S&P 500 Quality ETF | New | 0.02% | +0.02 |
| ISBA Isabella Bank Corp. | New | 0.02% | +0.02 |
| CRCL Circle Internet Group Inc. | New | 0.02% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.02% | +0.02 |
| CAT Caterpillar Inc. | New | 0.02% | +0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | New | 0.01% | +0.01 |
| ZTS Zoetis Inc. | Add +24.8% | 0.53% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +61.1% | 0.03% | +0.01 |
| FITB Fifth Third Bancorp | Add +23.7% | 0.04% | +0.01 |
| RTX RTX Corp. | Add +8.6% | 0.06% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +25.9% | 0.03% | +0.01 |
| GLD SPDR Gold Shares | Add +19.8% | 0.03% | +0.01 |
| CMA Comerica Inc. | Add +4.9% | 0.02% | +0.01 |
| PG The Procter & Gamble Co. | Add +18.6% | 0.10% | +0.00 |
| WTFC Wintrust Financial Corp. | Add +4.1% | 0.10% | +0.00 |
| APH Amphenol Corp. Class A | Add +4.5% | 0.05% | +0.00 |
| FLTB Fidelity Ltd. TRM BND ETF | Add +14.4% | 0.05% | +0.00 |
| WMT Walmart Inc. | Add +1.9% | 0.07% | +0.00 |
| AVGO Broadcom Inc. | Add +21.4% | 0.02% | +0.00 |
| F Ford Motor Co. | Add +1.0% | 0.06% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +4.1% | 1.13% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +22.1% | 0.02% | +0.00 |
| IBM Intl Business Machines Corp. | Add +5.5% | 0.05% | +0.00 |
| ASML ASML Holding NV-NY Reg SHS | Add +4.5% | 0.02% | +0.00 |
| DOV Dover Corp. | Add +0.1% | 0.02% | +0.00 |
| CSX CSX Corp. | Add +12.9% | 0.02% | +0.00 |
| XOM Exxon Mobil Corp. | Add +1.0% | 0.06% | +0.00 |
| BAC Bank of America Corp. | Add +4.5% | 0.02% | +0.00 |
| CEG Constellation Energy | Add +2.5% | 0.03% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -2.8% | 3,777 | $4.6M |
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 |