Palisade Asset Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 20, 2026), Palisade Asset Management, LLC reported 204 stock positions worth $1.1 billion. Its top holding was Apple (AAPL) at 5.0% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Cisco Systems (CSCO, 3.8%). Compared with Q1 2026, it opened 8 new positions, sold out of 1, added to 46 and reduced 82. The biggest buy was Unitedhealth (UNH, shares +0%) and the biggest sale Chevron (CVX, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0001434323
- Portfolio Value
- $1.1B (Q2 2026)
- SEC Filing
- 0001434323-26-000003 ↗ filed Jul 20, 2026
Holdings Value
Holdings 204 stocks · $1.1B
| AAPL Apple Inc. | 4.96% | 185,609 | $53.7M | Reduce -5.8% |
| MSFT Microsoft Corp. | 4.45% | 129,122 | $48.2M | Reduce -0.1% |
| CSCO Cisco Systems Inc. | 3.75% | 345,913 | $40.6M | Reduce -2.7% |
| UNH Unitedhealth Group Inc. | 3.06% | 79,856 | $33.2M | Add +0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.64% | 38,343 | $28.6M | Reduce -1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.57% | 98,850 | $27.8M | Reduce -0.8% |
| AMGN Amgen Inc. | 2.43% | 72,776 | $26.4M | Reduce -1.1% |
| JNJ Johnson & Johnson | 2.36% | 100,872 | $25.6M | Reduce -2.0% |
| ORCL Oracle Corp. | 2.35% | 173,929 | $25.5M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 2.27% | 75,182 | $24.6M | Reduce -0.4% |
| HD Home Depot Inc. | 2.24% | 68,745 | $24.2M | Add +0.8% |
| DE Deere & Co. | 2.15% | 36,633 | $23.2M | Reduce -0.6% |
| ECL Ecolab Inc. | 2.00% | 77,662 | $21.6M | Add +1.4% |
| TGT Target Corp. | 1.83% | 151,730 | $19.8M | Add +0.5% |
| TXN Texas Instruments Inc. | 1.82% | 66,123 | $19.7M | Reduce -0.5% |
| ABT Abbott Laboratories | 1.72% | 205,689 | $18.7M | Reduce -0.1% |
| RY Royal Bank of Canada | 1.58% | 82,638 | $17.1M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 1.57% | 14,193 | $17.0M | Reduce -1.6% |
| PG The Procter & Gamble Co. | 1.51% | 111,203 | $16.3M | Add +0.9% |
| ABBV Abbvie Inc. | 1.45% | 62,276 | $15.7M | Reduce -2.1% |
| CVX Chevron Corp. | 1.44% | 93,931 | $15.6M | Reduce -0.5% |
| PEP Pepsico Inc. | 1.43% | 114,269 | $15.5M | Add +0.4% |
| GD General Dynamics Corp. | 1.41% | 43,126 | $15.3M | Reduce -0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.41% | 100,776 | $15.3M | Reduce -1.8% |
| V Visa Inc. Class A | 1.40% | 44,093 | $15.1M | Add +1.4% |
| USB US Bancorp | 1.39% | 248,570 | $15.0M | Reduce -0.4% |
| ADP Automatic Data Processing | 1.34% | 64,780 | $14.5M | Add +2.5% |
| LHX L3HARRIS Technologies Inc. | 1.32% | 49,170 | $14.3M | Reduce -0.8% |
| MCD McDonald's Corp. | 1.31% | 52,377 | $14.2M | Add +1.9% |
| MMM 3M Co. | 1.30% | 87,241 | $14.1M | Reduce -0.5% |
| INTC Intel Corp. | 1.19% | 92,171 | $12.9M | Reduce -8.0% |
| RTX RTX Corp. | 1.18% | 67,285 | $12.8M | Reduce -0.1% |
| BLK BlackRock Inc. | 1.10% | 12,360 | $11.9M | Add +0.2% |
| SYK Stryker Corp. | 1.08% | 37,308 | $11.7M | Reduce -0.5% |
| CL Colgate-Palmolive Co. | 1.01% | 119,278 | $10.9M | Add +7.8% |
| KLAC KLA Corp. | 0.97% | 34,980 | $10.6M | Reduce -0.5% |
| IWM iShares Russell 2000 ETF | 0.91% | 32,954 | $9.9M | Reduce -0.1% |
| TRV The Travelers Cos Inc. | 0.87% | 28,634 | $9.5M | Reduce -2.1% |
| CAT Caterpillar Inc. | 0.83% | 8,465 | $9.0M | Reduce -1.1% |
| BALL Ball Corp. | 0.81% | 140,626 | $8.8M | Reduce -3.3% |
| XOM Exxon Mobil Corp. | 0.80% | 63,221 | $8.6M | Add +8.7% |
| HSY The Hershey Co. | 0.79% | 48,661 | $8.5M | Add +2.1% |
| AFL Aflac Inc. | 0.74% | 68,296 | $8.0M | Reduce -1.0% |
| DCI Donaldson Co. Inc. | 0.70% | 84,599 | $7.6M | Reduce -0.6% |
| MDY State Street SPDR S&P Midcap | 0.68% | 10,406 | $7.3M | Reduce -0.4% |
| VOO Vanguard S&P 500 ETF | 0.67% | 10,612 | $7.3M | Add +7.4% |
| APH Amphenol Corp. Class A | 0.63% | 38,419 | $6.8M | Reduce -0.2% |
| XEL Xcel Energy Inc. | 0.61% | 82,432 | $6.6M | Add +0.1% |
| AMT American Tower Corp. | 0.60% | 39,775 | $6.5M | Add +5.7% |
| ACN Accenture PLC Class A | 0.59% | 51,758 | $6.4M | Add +12.5% |
| WMT Walmart Inc. | 0.59% | 56,724 | $6.4M | Reduce -1.1% |
| BDX Becton Dickinson and Co. | 0.59% | 42,092 | $6.4M | Add +1.6% |
| IJH iShares Core S&P Midcap ETF | 0.58% | 82,122 | $6.3M | Add +2.4% |
| TSCO Tractor Supply Company | 0.56% | 192,948 | $6.1M | Add +1.5% |
| IJR iShares Core S&P Small-Cap E | 0.56% | 41,102 | $6.1M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 0.50% | 15,197 | $5.4M | Add +0.4% |
| MS Morgan Stanley | 0.49% | 25,157 | $5.3M | Reduce -3.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.48% | 54,040 | $5.2M | Add +3.9% |
| FAST Fastenal Co. | 0.48% | 107,368 | $5.2M | Reduce -1.3% |
| EMR Emerson Electric Co. | 0.43% | 32,677 | $4.7M | Add +1.4% |
| MRK Merck & Co. Inc. | 0.42% | 35,395 | $4.5M | Add +0.6% |
| ROST Ross Stores Inc. | 0.38% | 19,447 | $4.1M | No change |
| GGG Graco Inc. | 0.38% | 54,741 | $4.1M | Add +0.6% |
| MDT Medtronic PLC | 0.38% | 52,744 | $4.1M | Add +4.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.38% | 11,094 | $4.1M | No change |
| SO The Southern Co. | 0.37% | 42,092 | $4.0M | Add +0.4% |
| NEE Nextera Energy Inc. | 0.37% | 45,805 | $4.0M | Add +9.8% |
| TECH Bio-Techne Corp. | 0.36% | 55,284 | $3.9M | Reduce -0.4% |
| DHR Danaher Corp. | 0.36% | 20,402 | $3.9M | Reduce -0.6% |
| EFA iShares MSCI Eafe ETF | 0.35% | 36,882 | $3.8M | No change |
| GOOG Alphabet Inc. Class C | 0.34% | 10,344 | $3.7M | Reduce -0.1% |
| FDX FedEx Corp. | 0.32% | 10,963 | $3.4M | Reduce -0.1% |
| KO The Coca-Cola Co. | 0.31% | 40,749 | $3.3M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.29% | 15,581 | $3.1M | Add +3.1% |
| IWF iShares Russell 1000 Growth | 0.24% | 20,716 | $2.6M | Reduce -1.4% |
| NVS Novartis AG-Sponsored ADR | 0.23% | 15,639 | $2.5M | Reduce -4.7% |
| KMB Kimberly-Clark Corp. | 0.22% | 22,024 | $2.4M | Reduce -1.1% |
| CNP Centerpoint Energy Inc. | 0.20% | 50,340 | $2.2M | No change |
| GPC Genuine Parts Co. | 0.20% | 18,601 | $2.2M | Reduce -0.1% |
| AXP American Express Co. | 0.20% | 6,359 | $2.2M | Reduce -1.4% |
| GIS General Mills Inc. | 0.19% | 59,557 | $2.1M | Reduce -4.0% |
| GL Globe Life Inc. | 0.19% | 11,244 | $2.0M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 3,996 | $2.0M | Add +1.5% |
| JCI Johnson Controls Internation | 0.18% | 13,599 | $2.0M | Reduce -9.3% |
| UNP Union Pacific Corp. | 0.17% | 6,963 | $1.9M | Add +3.4% |
| VZ Verizon Communications Inc. | 0.17% | 43,780 | $1.9M | Reduce -0.2% |
| MKC McCormick & Co.-Non VTG SHRS | 0.17% | 36,268 | $1.8M | Reduce -4.4% |
| ADM Archer-Daniels-Midland Co. | 0.16% | 22,864 | $1.7M | No change |
| AMZN Amazon.com Inc. | 0.15% | 7,006 | $1.7M | Add +1.0% |
| HON Honeywell International Inc. | 0.15% | 7,398 | $1.7M | Reduce -8.7% |
| MTD Mettler-Toledo International | 0.15% | 1,280 | $1.6M | Reduce -1.5% |
| HONA Honeywell Aerospace Inc. | 0.15% | 7,392 | $1.6M | Reduce -8.8% |
| LIN Linde PLC | 0.15% | 3,133 | $1.6M | No change |
| WAT Waters Corp. | 0.15% | 4,271 | $1.6M | Reduce -20.0% |
| SYY Sysco Corp. | 0.14% | 18,028 | $1.5M | Reduce -2.0% |
| IEMG iShares Core MSCI Emerging | 0.13% | 17,604 | $1.5M | Add +12.1% |
| PH Parker Hannifin Corp. | 0.13% | 1,488 | $1.5M | No change |
| LOW Lowe's Cos Inc. | 0.13% | 6,595 | $1.5M | Reduce -0.5% |
| VIG Vanguard Dividend Apprec ETF | 0.13% | 5,957 | $1.4M | Add +9.2% |
| T AT&T Inc. | 0.13% | 68,040 | $1.4M | Reduce -0.3% |
Portfolio Sells Q1 2026 → Q2 2026
| CVX Chevron Corp. | Reduce -0.5% | 1.44% | −0.52 |
| ABT Abbott Laboratories | Reduce -0.1% | 1.72% | −0.40 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.8% | 1.32% | −0.40 |
| MSFT Microsoft Corp. | Reduce -0.1% | 4.45% | −0.36 |
| TJX TJX Companies Inc. | Reduce -1.8% | 1.41% | −0.24 |
| ORCL Oracle Corp. | Reduce -0.4% | 2.35% | −0.23 |
| HON Honeywell International Inc. | Reduce -8.7% | 0.15% | −0.21 |
| AMGN Amgen Inc. | Reduce -1.1% | 2.43% | −0.17 |
| JNJ Johnson & Johnson | Reduce -2.0% | 2.36% | −0.16 |
| SYK Stryker Corp. | Reduce -0.5% | 1.08% | −0.15 |
| RTX RTX Corp. | Reduce -0.1% | 1.18% | −0.13 |
| WMT Walmart Inc. | Reduce -1.1% | 0.59% | −0.12 |
| GD General Dynamics Corp. | Reduce -0.3% | 1.41% | −0.08 |
| FDX FedEx Corp. | Reduce -0.1% | 0.32% | −0.08 |
| T AT&T Inc. | Reduce -0.3% | 0.13% | −0.07 |
| AAPL Apple Inc. | Reduce -5.8% | 4.96% | −0.07 |
| BALL Ball Corp. | Reduce -3.3% | 0.81% | −0.05 |
| NKE Nike Inc. Class B | Reduce -0.5% | 0.13% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -0.2% | 0.17% | −0.05 |
| GIS General Mills Inc. | Reduce -4.0% | 0.19% | −0.04 |
| XLE SS Energy Select Sector | Reduce -0.9% | 0.13% | −0.03 |
| DHR Danaher Corp. | Reduce -0.6% | 0.36% | −0.03 |
| FAST Fastenal Co. | Reduce -1.3% | 0.48% | −0.03 |
| HONA Honeywell Aerospace Inc. | Reduce -8.8% | 0.15% | −0.03 |
| NVS Novartis AG-Sponsored ADR | Reduce -4.7% | 0.23% | −0.03 |
| DCI Donaldson Co. Inc. | Reduce -0.6% | 0.70% | −0.02 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -4.4% | 0.17% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -0.5% | 0.13% | −0.02 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.02 |
| AFL Aflac Inc. | Reduce -1.0% | 0.74% | −0.02 |
| SHW The Sherwin-Williams Co. | Reduce -23.4% | 0.05% | −0.02 |
| TSN Tyson Foods Inc. Class A | Reduce -16.0% | 0.04% | −0.02 |
| FHI Federated Hermes Inc. | Reduce -1.3% | 0.11% | −0.01 |
| MTD Mettler-Toledo International | Reduce -1.5% | 0.15% | −0.01 |
| JCI Johnson Controls Internation | Reduce -9.3% | 0.18% | −0.01 |
| WAT Waters Corp. | Reduce -20.0% | 0.15% | −0.01 |
| PSX Phillips 66 | Reduce -0.6% | 0.06% | −0.01 |
| AMP Ameriprise Financial Inc. | Reduce -4.2% | 0.11% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -0.2% | 0.04% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -2.5% | 0.13% | −0.01 |
| CLX Clorox Company | Reduce -1.7% | 0.04% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -0.7% | 0.13% | −0.01 |
| KO The Coca-Cola Co. | Reduce -0.5% | 0.31% | −0.01 |
| FDXF FedEx Freight Holding Co. | Reduce -0.3% | 0.08% | −0.01 |
| MCK McKesson Corp. | Reduce -0.3% | 0.02% | −0.01 |
| ITW Illinois Tool Works | Reduce -0.6% | 0.10% | −0.01 |
| UPS United Parcel Service Class B | Reduce -4.6% | 0.10% | −0.00 |
| PAYX Paychex Inc. | Reduce -1.5% | 0.12% | −0.00 |
| CHD Church & Dwight Co. Inc. | Reduce -0.7% | 0.06% | −0.00 |
| SJM The JM Smucker Co. | Reduce -14.6% | 0.02% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| UNH Unitedhealth Group Inc. | Add +0.3% | 3.06% | +0.90 |
| VOO Vanguard S&P 500 ETF | Add +7.4% | 0.67% | +0.08 |
| V Visa Inc. Class A | Add +1.4% | 1.40% | +0.08 |
| GOOGL Alphabet Inc. Class A | Add +0.4% | 0.50% | +0.06 |
| CL Colgate-Palmolive Co. | Add +7.8% | 1.01% | +0.06 |
| IJR iShares Core S&P Small-Cap E | Add +1.5% | 0.56% | +0.06 |
| ADP Automatic Data Processing | Add +2.5% | 1.34% | +0.05 |
| ADBE Adobe Inc. | New | 0.04% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +2.4% | 0.58% | +0.04 |
| CVS CVS Health Corp. | New | 0.02% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +12.1% | 0.13% | +0.02 |
| ANET Arista Networks Inc. | New | 0.02% | +0.02 |
| NVDA Nvidia Corp. | Add +3.1% | 0.29% | +0.02 |
| SOLV Solventum Corp. | New | 0.02% | +0.02 |
| LRCX Lam Research Corp. | New | 0.02% | +0.02 |
| HPE Hewlett Packard Enterprise | New | 0.02% | +0.02 |
| HUBB Hubbell Inc. | New | 0.02% | +0.02 |
| HRL Hormel Foods Corp. | New | 0.02% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +9.2% | 0.13% | +0.01 |
| UNP Union Pacific Corp. | Add +3.4% | 0.17% | +0.01 |
| AMZN Amazon.com Inc. | Add +1.0% | 0.15% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.9% | 0.48% | +0.01 |
| EMR Emerson Electric Co. | Add +1.4% | 0.43% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +2.5% | 0.13% | +0.01 |
| IWD iShares Russell 1000 Value E | Add +5.3% | 0.06% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | Add +0.0% | 0.06% | +0.00 |
| VXUS Vanguard Total Intl Stock | Add +0.0% | 0.09% | +0.00 |
| DIS The Walt Disney Co. | Add +10.6% | 0.10% | +0.00 |
| FDS Factset Research Systems Inc. | Add +3.7% | 0.11% | +0.00 |
| VT Vanguard Tot World STK ETF | Add +0.1% | 0.02% | +0.00 |
| WMB Williams Cos Inc. | Add +7.3% | 0.10% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.5% | 0.18% | −0.00 |
| MRK Merck & Co. Inc. | Add +0.6% | 0.42% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Add +5.2% | 0.09% | −0.01 |
| TGT Target Corp. | Add +0.5% | 1.83% | −0.01 |
| COST Costco Wholesale Corp. | Add +0.8% | 0.06% | −0.01 |
| HD Home Depot Inc. | Add +0.8% | 2.24% | −0.01 |
| PFE Pfizer Inc. | Add +8.0% | 0.10% | −0.02 |
| NEE Nextera Energy Inc. | Add +9.8% | 0.37% | −0.02 |
| SO The Southern Co. | Add +0.4% | 0.37% | −0.03 |
| XEL Xcel Energy Inc. | Add +0.1% | 0.61% | −0.05 |
| ECL Ecolab Inc. | Add +1.4% | 2.00% | −0.05 |
| AMT American Tower Corp. | Add +5.7% | 0.60% | −0.05 |
| MDT Medtronic PLC | Add +4.2% | 0.38% | −0.06 |
| BDX Becton Dickinson and Co. | Add +1.6% | 0.59% | −0.07 |
| GGG Graco Inc. | Add +0.6% | 0.38% | −0.08 |
| PG The Procter & Gamble Co. | Add +0.9% | 1.51% | −0.09 |
| BLK BlackRock Inc. | Add +0.2% | 1.10% | −0.09 |
| XOM Exxon Mobil Corp. | Add +8.7% | 0.80% | −0.19 |
| HSY The Hershey Co. | Add +2.1% | 0.79% | −0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 204 | $1.1B | AAPL, MSFT, CSCO, UNH, SPY |
| Q1 2026 | 195 | $995.9M | AAPL, MSFT, CSCO, AMGN, ORCL |
| Q4 2025 | 193 | $1.0B | MSFT, AAPL, ORCL, IBM, CSCO |
| Q3 2025 | 701 | $1.1B | MSFT, AAPL, ORCL, ABT, IBM |
| Q2 2025 | 193 | $1.0B | MSFT, AAPL, ORCL, IBM, ABT |
| Q1 2025 | 192 | $973.6M | MSFT, AAPL, UNH, ABT, ORCL |
| Q4 2024 | 193 | $985.6M | MSFT, AAPL, UNH, ORCL, HD |
| Q3 2024 | 197 | $1.0B | MSFT, AAPL, UNH, ORCL, HD |
| Q2 2024 | 191 | $967.1M | MSFT, AAPL, UNH, ORCL, HD |
| Q1 2024 | 407 | $1.0B | MSFT, AAPL, UNH, HD, ABT |