Norris Perne & French LLP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 22, 2026), Norris Perne & French LLP reported 156 stock positions worth $2.0 billion. Its top holding was NPF Core Equity ETF (NPFE) at 27.2% of the portfolio, followed by Microsoft (MSFT, 5.8%) and Alphabet Class A (GOOGL, 3.6%). Compared with Q4 2025, it opened 15 new positions, sold out of 21, added to 54 and reduced 80. The biggest buy was a new position in NPF Core Equity ETF (NPFE) and the biggest sale Paccar (PCAR, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- GRAND RAPIDS, MI
- CIK
- 0001092290
- Portfolio Value
- $2.0B (Q1 2026)
- SEC Filing
- 0001092290-26-000005 ↗ filed Apr 22, 2026
Holdings Value
Holdings 156 stocks · $2.0B
| NPFE NPF Core Equity ETF | 27.16% | 22,964,694 | $556.1M | New |
| MSFT Microsoft Corp. | 5.77% | 319,418 | $118.2M | Add +40.5% |
| GOOGL Alphabet Inc. Class A | 3.56% | 253,225 | $72.8M | Reduce -2.7% |
| COHR Coherent Corp. | 3.07% | 264,000 | $62.9M | Reduce -15.0% |
| AMAT Applied Materials Inc. | 2.98% | 178,721 | $61.1M | Reduce -2.2% |
| BALL Ball Corp. | 2.85% | 986,265 | $58.3M | Add +36.1% |
| TSM Taiwan Semiconductor-SP ADR | 2.48% | 149,961 | $50.7M | Reduce -0.7% |
| ALSN Allison Transmission Holding | 2.31% | 404,585 | $47.4M | Add +61.0% |
| AMZN Amazon.com Inc. | 2.19% | 215,275 | $44.8M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.15% | 91,772 | $44.0M | Reduce -0.5% |
| LIN Linde PLC | 1.97% | 81,461 | $40.4M | Add +0.3% |
| V Visa Inc. Class A | 1.96% | 133,091 | $40.2M | Add +0.9% |
| MRK Merck & Co. Inc. | 1.87% | 318,845 | $38.4M | Add +26.4% |
| IVV iShares Core S&P 500 ETF | 1.86% | 58,418 | $38.2M | Reduce -4.5% |
| UNP Union Pacific Corp. | 1.81% | 152,353 | $37.0M | Reduce -0.6% |
| DHR Danaher Corp. | 1.73% | 186,561 | $35.4M | Add +118.2% |
| JNJ Johnson & Johnson | 1.72% | 143,995 | $35.2M | Reduce -22.8% |
| WM Waste Management Inc. | 1.72% | 152,922 | $35.1M | Add +1356.7% |
| NVDA Nvidia Corp. | 1.66% | 195,028 | $34.0M | Add +199.0% |
| ECL Ecolab Inc. | 1.32% | 101,663 | $27.0M | Reduce -1.9% |
| KNX Knight-Swift Transportation | 1.23% | 436,457 | $25.1M | Reduce -1.8% |
| VRSK Verisk Analytics Inc. | 1.20% | 129,014 | $24.5M | Reduce -1.7% |
| ABT Abbott Laboratories | 1.19% | 236,905 | $24.3M | Add +13.1% |
| MCO Moody's Corp. | 1.16% | 54,592 | $23.8M | Reduce -1.2% |
| SHW The Sherwin-Williams Co. | 1.16% | 74,074 | $23.7M | Reduce -10.4% |
| AAPL Apple Inc. | 1.13% | 91,379 | $23.2M | Add +5.4% |
| KLAC KLA Corp. | 1.07% | 14,856 | $21.9M | Reduce -3.9% |
| TRMB Trimble Inc. | 1.02% | 320,753 | $20.9M | Reduce -0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.87% | 111,114 | $17.7M | Reduce -2.9% |
| IJH iShares Core S&P Midcap ETF | 0.84% | 256,149 | $17.3M | Reduce -0.9% |
| MSI Motorola Solutions Inc. | 0.83% | 38,974 | $16.9M | Reduce -0.7% |
| SSNC Ss&c Technologies Holdings | 0.82% | 247,401 | $16.7M | Reduce -1.9% |
| HD Home Depot Inc. | 0.81% | 50,169 | $16.5M | Reduce -0.9% |
| EPAM Epam Systems Inc. | 0.80% | 120,327 | $16.3M | Add +0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.79% | 33,041 | $16.2M | Add +27.3% |
| SYK Stryker Corp. | 0.73% | 45,651 | $15.0M | Reduce -0.5% |
| NDSN Nordson Corp. | 0.72% | 55,347 | $14.7M | Reduce -3.4% |
| IJR iShares Core S&P Small-Cap E | 0.69% | 113,675 | $14.1M | Reduce -4.6% |
| ADBE Adobe Inc. | 0.68% | 57,283 | $13.9M | Reduce -1.9% |
| MA Mastercard Inc. Class A | 0.60% | 24,759 | $12.4M | Add +2.9% |
| PWR Quanta Services Inc. | 0.58% | 21,566 | $11.8M | Reduce -46.3% |
| ZBRA Zebra Technologies Corp. Class A | 0.57% | 55,627 | $11.6M | Add +0.3% |
| RSP Invesco S&P 500 Equal Weight | 0.57% | 60,468 | $11.6M | Add +7.7% |
| IDEV iShares Core MSCI Dev MKTS | 0.49% | 119,062 | $10.0M | Add +4.6% |
| ETN Eaton Corp. PLC | 0.44% | 25,151 | $9.0M | Add +1.5% |
| IWV iShares Russell 3000 ETF | 0.41% | 22,880 | $8.5M | No change |
| TYL Tyler Technologies Inc. | 0.41% | 24,697 | $8.5M | Add +31.3% |
| HUBS HubSpot Inc. | 0.41% | 34,058 | $8.3M | Add +1.3% |
| GOOG Alphabet Inc. Class C | 0.31% | 21,922 | $6.3M | Add +3.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.30% | 55,961 | $6.2M | Add +8.6% |
| JPM JPMorgan Chase & Co. | 0.27% | 19,126 | $5.6M | Add +0.8% |
| LNG Cheniere Energy Inc. | 0.27% | 19,364 | $5.5M | Reduce -85.8% |
| META Meta Platforms Inc. Class A | 0.26% | 9,457 | $5.4M | Add +4.7% |
| ANET Arista Networks Inc. | 0.26% | 43,615 | $5.4M | Add +2.6% |
| VEA Vanguard Ftse Developed ETF | 0.24% | 75,728 | $4.9M | Reduce -6.6% |
| ITW Illinois Tool Works | 0.18% | 14,491 | $3.8M | Reduce -53.8% |
| IEMG iShares Core MSCI Emerging | 0.17% | 50,316 | $3.5M | Add +13.0% |
| FBND Fidelity Total Bond ETF | 0.15% | 66,418 | $3.0M | Add +10.2% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 51,124 | $2.8M | Reduce -4.6% |
| PCAR Paccar Inc. | 0.13% | 22,419 | $2.6M | Reduce -93.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.11% | 5,250 | $2.3M | Reduce -8.5% |
| SGOV iShares 0-3 Month Treasury B | 0.11% | 22,658 | $2.3M | Reduce -0.0% |
| ZTS Zoetis Inc. | 0.10% | 17,744 | $2.1M | Reduce -71.9% |
| COST Costco Wholesale Corp. | 0.10% | 1,971 | $2.0M | Reduce -53.3% |
| LHX L3HARRIS Technologies Inc. | 0.08% | 4,844 | $1.7M | Reduce -80.9% |
| VOO Vanguard S&P 500 ETF | 0.08% | 2,692 | $1.6M | Add +32.1% |
| PG The Procter & Gamble Co. | 0.07% | 10,092 | $1.5M | Reduce -0.6% |
| WTFC Wintrust Financial Corp. | 0.07% | 10,169 | $1.4M | Reduce -5.9% |
| ABBV Abbvie Inc. | 0.07% | 6,358 | $1.4M | Add +82.1% |
| XOM Exxon Mobil Corp. | 0.07% | 8,031 | $1.4M | Reduce -0.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.07% | 5,121 | $1.3M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.06% | 17,621 | $1.3M | No change |
| NFLX Netflix Inc. | 0.06% | 13,223 | $1.3M | Add +33.8% |
| BLK BlackRock Inc. | 0.06% | 1,314 | $1.3M | New |
| GNTX Gentex Corp. | 0.06% | 54,534 | $1.2M | Add +2.3% |
| IWF iShares Russell 1000 Growth | 0.06% | 2,718 | $1.2M | Reduce -33.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.05% | 12,615 | $1.0M | Add +382.4% |
| FITB Fifth Third Bancorp | 0.05% | 21,281 | $989K | Add +75.9% |
| PEP Pepsico Inc. | 0.05% | 6,321 | $982K | Add +1.7% |
| ISRG Intuitive Surgical Inc. | 0.05% | 2,092 | $964K | Reduce -6.7% |
| SO The Southern Co. | 0.05% | 9,626 | $929K | Reduce -14.6% |
| WMT Walmart Inc. | 0.04% | 7,394 | $919K | Reduce -26.7% |
| LLY Eli Lilly & Co. | 0.04% | 953 | $877K | Add +16.1% |
| KO The Coca-Cola Co. | 0.04% | 11,476 | $873K | Add +10.3% |
| VERX Vertex Inc. Class A | 0.04% | 71,998 | $856K | Reduce -72.3% |
| SBUX Starbucks Corp. | 0.04% | 9,148 | $820K | Add +134.0% |
| F Ford Motor Co. filed as FORD MTR CO | 0.04% | 70,878 | $818K | Reduce -1.5% |
| FLTB Fidelity Ltd. TRM BND ETF | 0.04% | 15,096 | $759K | Add +0.1% |
| CPRT Copart Inc. | 0.04% | 22,510 | $747K | Add +0.1% |
| ORCL Oracle Corp. | 0.03% | 4,452 | $655K | Reduce -35.6% |
| IWD iShares Russell 1000 Value E | 0.03% | 3,029 | $647K | Reduce -42.1% |
| APH Amphenol Corp. Class A | 0.03% | 5,113 | $646K | Reduce -13.0% |
| CSCO Cisco Systems Inc. | 0.03% | 8,324 | $646K | Reduce -8.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.03% | 5,783 | $638K | Add +2.7% |
| COP Conocophillips | 0.03% | 4,406 | $582K | Reduce -7.4% |
| AVGO Broadcom Inc. | 0.03% | 1,844 | $571K | Add +121.4% |
| NSC Norfolk Southern Corp. | 0.03% | 1,967 | $565K | Add +3.8% |
| LRCX Lam Research Corp. | 0.03% | 2,630 | $562K | Reduce -2.6% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.03% | 406 | $536K | Add +15.7% |
| MCD McDonald's Corp. | 0.03% | 1,712 | $532K | Add +112.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,520 | $4.1M | Reduce -6.8% |
Total filed on the 13F, all lines: $2.1B.
Portfolio Sells Q4 2025 → Q1 2026
| PCAR Paccar Inc. | Reduce -93.0% | 0.13% | −2.18 |
| GOOGL Alphabet Inc. Class A | Reduce -2.7% | 3.56% | −1.84 |
| LNG Cheniere Energy Inc. | Reduce -85.8% | 0.27% | −1.49 |
| AMZN Amazon.com Inc. | Reduce -2.8% | 2.19% | −1.20 |
| FAST Fastenal Co. | Reduce -97.3% | 0.02% | −1.07 |
| QLYS Qualys Inc. | Sold out | 0.00% | −0.99 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 2.15% | −0.92 |
| IVV iShares Core S&P 500 ETF | Reduce -4.5% | 1.86% | −0.91 |
| JNJ Johnson & Johnson | Reduce -22.8% | 1.72% | −0.84 |
| VRSK Verisk Analytics Inc. | Reduce -1.7% | 1.20% | −0.75 |
| COHR Coherent Corp. | Reduce -15.0% | 3.07% | −0.72 |
| MCO Moody's Corp. | Reduce -1.2% | 1.16% | −0.71 |
| ADBE Adobe Inc. | Reduce -1.9% | 0.68% | −0.67 |
| TRMB Trimble Inc. | Reduce -0.7% | 1.02% | −0.65 |
| SSNC Ss&c Technologies Holdings | Reduce -1.9% | 0.82% | −0.64 |
| SHW The Sherwin-Williams Co. | Reduce -10.4% | 1.16% | −0.61 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.7% | 2.48% | −0.56 |
| PWR Quanta Services Inc. | Reduce -46.3% | 0.58% | −0.54 |
| UNP Union Pacific Corp. | Reduce -0.6% | 1.81% | −0.54 |
| ECL Ecolab Inc. | Reduce -1.9% | 1.32% | −0.48 |
| ZTS Zoetis Inc. | Reduce -71.9% | 0.10% | −0.42 |
| LHX L3HARRIS Technologies Inc. | Reduce -80.9% | 0.08% | −0.41 |
| HD Home Depot Inc. | Reduce -0.9% | 0.81% | −0.35 |
| SYK Stryker Corp. | Reduce -0.5% | 0.73% | −0.33 |
| ITW Illinois Tool Works | Reduce -53.8% | 0.18% | −0.33 |
| KNX Knight-Swift Transportation | Reduce -1.8% | 1.23% | −0.31 |
| VERX Vertex Inc. Class A | Reduce -72.3% | 0.04% | −0.30 |
| TJX TJX Companies Inc. | Reduce -2.9% | 0.87% | −0.30 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.9% | 0.84% | −0.28 |
| IJR iShares Core S&P Small-Cap E | Reduce -4.6% | 0.69% | −0.26 |
| NDSN Nordson Corp. | Reduce -3.4% | 0.72% | −0.19 |
| KLAC KLA Corp. | Reduce -3.9% | 1.07% | −0.17 |
| MSI Motorola Solutions Inc. | Reduce -0.7% | 0.83% | −0.17 |
| COST Costco Wholesale Corp. | Reduce -53.3% | 0.10% | −0.14 |
| AMAT Applied Materials Inc. | Reduce -2.2% | 2.98% | −0.13 |
| VEA Vanguard Ftse Developed ETF | Reduce -6.6% | 0.24% | −0.10 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -8.5% | 0.11% | −0.07 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.07 |
| IWF iShares Russell 1000 Growth | Reduce -33.0% | 0.06% | −0.07 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.06 |
| ORCL Oracle Corp. | Reduce -35.6% | 0.03% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -4.6% | 0.14% | −0.06 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.05 |
| RTX RTX Corp. | Reduce -65.4% | 0.02% | −0.04 |
| IWD iShares Russell 1000 Value E | Reduce -42.1% | 0.03% | −0.04 |
| SGOV iShares 0-3 Month Treasury B | Reduce -0.0% | 0.11% | −0.04 |
| ISRG Intuitive Surgical Inc. | Reduce -6.7% | 0.05% | −0.04 |
| WTFC Wintrust Financial Corp. | Reduce -5.9% | 0.07% | −0.03 |
| WMT Walmart Inc. | Reduce -26.7% | 0.04% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -0.6% | 0.07% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| NPFE NPF Core Equity ETF | New | 27.16% | +27.16 |
| WM Waste Management Inc. | Add +1356.7% | 1.72% | +1.56 |
| NVDA Nvidia Corp. | Add +199.0% | 1.66% | +0.86 |
| ALSN Allison Transmission Holding | Add +61.0% | 2.31% | +0.68 |
| DHR Danaher Corp. | Add +118.2% | 1.73% | +0.43 |
| BALL Ball Corp. | Add +36.1% | 2.85% | +0.31 |
| MRK Merck & Co. Inc. | Add +26.4% | 1.87% | +0.12 |
| BLK BlackRock Inc. | New | 0.06% | +0.06 |
| SHY iShares 1-3 Year Treasury Bo | Add +382.4% | 0.05% | +0.04 |
| GEV GE Vernova Inc. | New | 0.03% | +0.03 |
| ALL Allstate Corp. | New | 0.02% | +0.02 |
| GE General Electric | New | 0.02% | +0.02 |
| SBUX Starbucks Corp. | Add +134.0% | 0.04% | +0.02 |
| VYM Vanguard High DVD Yield ETF | New | 0.02% | +0.02 |
| WPM Wheaton Precious Metals Corp. | New | 0.02% | +0.02 |
| ABBV Abbvie Inc. | Add +82.1% | 0.07% | +0.01 |
| CARR Carrier Global Corp. | New | 0.01% | +0.01 |
| NUE Nucor Corp. | New | 0.01% | +0.01 |
| FE Firstenergy Corp. | New | 0.01% | +0.01 |
| MO Altria Group Inc. | New | 0.01% | +0.01 |
| FITB Fifth Third Bancorp | Add +75.9% | 0.05% | +0.01 |
| SHEL Shell PLC-ADR | New | 0.01% | +0.01 |
| SCHD Schwab US DVD Equity ETF | New | 0.01% | +0.01 |
| WELL Welltower Inc. | New | 0.01% | +0.01 |
| MCD McDonald's Corp. | Add +112.7% | 0.03% | +0.01 |
| AVGO Broadcom Inc. | Add +121.4% | 0.03% | +0.01 |
| TASEKO MINES LTD | New | 0.01% | +0.01 |
| CVX Chevron Corp. | Add +7.6% | 0.02% | +0.00 |
| ASML ASML Holding NV-NY Reg SHS | Add +15.7% | 0.03% | +0.00 |
| NFLX Netflix Inc. | Add +33.8% | 0.06% | +0.00 |
| T AT&T Inc. | Add +20.6% | 0.02% | +0.00 |
| VZ Verizon Communications Inc. | Add +6.0% | 0.02% | −0.00 |
| BAC Bank of America Corp. | Add +46.6% | 0.02% | −0.00 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +32.4% | 0.02% | −0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.7% | 0.01% | −0.00 |
| FRME First Merchants Corp. | Add +0.2% | 0.01% | −0.00 |
| LKQ LKQ Corp. | Add +0.2% | 0.01% | −0.00 |
| GLD SPDR Gold Shares | Add +2.1% | 0.02% | −0.01 |
| KO The Coca-Cola Co. | Add +10.3% | 0.04% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +32.1% | 0.08% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.1% | 0.02% | −0.01 |
| NSC Norfolk Southern Corp. | Add +3.8% | 0.03% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Add +2.7% | 0.03% | −0.01 |
| PEP Pepsico Inc. | Add +1.7% | 0.05% | −0.01 |
| FLTB Fidelity Ltd. TRM BND ETF | Add +0.1% | 0.04% | −0.01 |
| LLY Eli Lilly & Co. | Add +16.1% | 0.04% | −0.02 |
| CPRT Copart Inc. | Add +0.1% | 0.04% | −0.02 |
| GNTX Gentex Corp. | Add +2.3% | 0.06% | −0.02 |
| IEMG iShares Core MSCI Emerging | Add +13.0% | 0.17% | −0.03 |
| FBND Fidelity Total Bond ETF | Add +10.2% | 0.15% | −0.04 |
Notes & Other Activity Q4 2025 → Q1 2026
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -6.8% | 3,520 | $4.1M |
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 |