Professional Advisory Services Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), Professional Advisory Services Inc. reported 83 stock positions worth $793.0 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 10.1% of the portfolio, followed by Microsoft (MSFT, 4.5%) and Elevance Health (ELV, 3.8%). Compared with Q4 2024, it opened 7 new positions, sold out of 2, added to 23 and reduced 20. The biggest buy was a new position in Lam Research (LRCX) and the biggest sale an exit from iShares Core MSCI Eafe ETF (IEFA).

Most Recent 13F
Q2 2026
Location
VERO BEACH, FL
CIK
0000894205
Portfolio Value
$793.0M (Q1 2025)
SEC Filing
0000894205-25-000006 ↗ filed Apr 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $799.7M Q1 2024 Q2 2024: $792.9M Q2 2024 Q3 2024: $830.1M Q3 2024 Q4 2024: $791.7M Q4 2024 Q1 2025: $793.0M $793.0M Q1 2025 Q2 2025: $809.3M Q2 2025 Q3 2025: $842.9M Q3 2025 Q4 2025: $846.4M Q4 2025 Q1 2026: $795.5M Q1 2026 Q2 2026: $909.8M Q2 2026

Holdings 83 stocks · $793.0M
BRK.A Berkshire Hathaway Inc. Class A 10.06% 100 $79.8M No change
MSFT Microsoft Corp. 4.46% 94,197 $35.4M Add +7.0%
ELV Elevance Health Inc. 3.85% 70,167 $30.5M Reduce -9.2%
BKNG Booking Holdings Inc. 3.68% 6,338 $29.2M Reduce -2.3%
BRK.B Berkshire Hathaway Inc. Class B 3.64% 54,236 $28.9M Reduce -13.6%
GOOG Alphabet Inc. Class C 3.64% 184,628 $28.8M Reduce -1.4%
AMZN Amazon.com Inc. 3.54% 147,385 $28.0M Add +28.8%
FISV Fiserv Inc. 3.51% 125,922 $27.8M Reduce -9.9%
TMO Thermo Fisher Scientific Inc. 3.34% 53,198 $26.5M Reduce -5.0%
PEP Pepsico Inc. 3.27% 173,114 $26.0M Add +5.4%
UPS United Parcel Service Class B 2.89% 208,030 $22.9M Add +2.6%
T AT&T Inc. 2.85% 800,528 $22.6M Reduce -17.5%
AZN Astrazeneca PLC-Spons ADR 2.83% 305,433 $22.4M Reduce -8.3%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.82% 64,760 $22.4M Reduce -12.6%
GD General Dynamics Corp. 2.82% 81,929 $22.3M Add +4.8%
SYY Sysco Corp. 2.71% 286,274 $21.5M Add +2.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 2.71% 176,197 $21.5M Reduce -1.8%
SYK Stryker Corp. 2.68% 57,017 $21.2M Reduce -3.8%
ACN Accenture PLC Class A 2.65% 67,278 $21.0M Add +11.1%
CARR Carrier Global Corp. 2.56% 320,273 $20.3M Add +8.3%
EMXC iShares MSCI Emr MRK Ex Chna 2.50% 360,549 $19.9M Reduce -0.6%
FBIN Fortune Brands Innovations I 2.49% 324,411 $19.8M Add +15.1%
V Visa Inc. Class A 2.44% 55,160 $19.3M Add +5.9%
IJH iShares Core S&P Midcap ETF 2.38% 323,999 $18.9M Add +2.8%
USB US Bancorp 2.32% 436,557 $18.4M Add +9.5%
TFC Truist Financial Corp. 2.30% 443,667 $18.3M Add +3.7%
AAPL Apple Inc. 2.06% 73,621 $16.4M Reduce -2.2%
AMD Advanced Micro Devices 1.82% 140,161 $14.4M Add +23.9%
SPGI S&P Global Inc. 1.78% 27,754 $14.1M Reduce -3.3%
ADI Analog Devices Inc. 1.62% 63,614 $12.8M Reduce -6.7%
DG Dollar General Corp. 1.48% 133,211 $11.7M Reduce -12.7%
LRCX Lam Research Corp. 0.82% 89,989 $6.5M New
ASML ASML Holding NV-NY Reg SHS 0.80% 9,568 $6.3M New
AMAT Applied Materials Inc. 0.76% 41,275 $6.0M New
JNJ Johnson & Johnson 0.40% 19,016 $3.2M Add +3.3%
VTI VG Morningstar TS MKT ETF-US 0.39% 11,260 $3.1M No change
PG The Procter & Gamble Co. 0.25% 11,493 $2.0M No change
GOOGL Alphabet Inc. Class A 0.21% 10,967 $1.7M Reduce -8.8%
VOO Vanguard S&P 500 ETF 0.20% 3,052 $1.6M Reduce -13.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.17% 2,427 $1.4M Add +1.7%
VFIAX Vanguard 500 Index-Adm 0.13% 1,966 $1.0M No change
XOM Exxon Mobil Corp. 0.12% 7,831 $931K Add +1.8%
NVDA Nvidia Corp. 0.11% 8,380 $908K Add +4.8%
RSP Invesco S&P 500 Equal Weight 0.11% 5,037 $873K New
ORCL Oracle Corp. 0.10% 5,830 $815K No change
MRK Merck & Co. Inc. 0.10% 8,766 $787K Add +3.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.09% 2,933 $729K No change
CVX Chevron Corp. 0.09% 4,100 $686K No change
HD Home Depot Inc. 0.08% 1,800 $660K No change
ABBV Abbvie Inc. 0.08% 3,011 $631K Add +0.4%
BA The Boeing Co. 0.08% 3,697 $631K No change
PFE Pfizer Inc. 0.08% 24,598 $623K Reduce -1.8%
LOW Lowe's Cos Inc. 0.07% 2,350 $548K No change
PAYX Paychex Inc. 0.07% 3,400 $525K No change
CI The Cigna Group 0.06% 1,525 $502K No change
VTSAX VNGD Mrngst TS MK Idx FD-Adm filed as VANGUARD TOTAL STOCK MKT IDX ADM 0.06% 3,683 $493K Add +0.3%
NEE Nextera Energy Inc. 0.06% 6,624 $470K No change
CSCO Cisco Systems Inc. 0.06% 7,528 $465K No change
IWF iShares Russell 1000 Growth 0.05% 1,158 $418K No change
AXP American Express Co. 0.05% 1,500 $404K No change
ABT Abbott Laboratories 0.05% 3,000 $398K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 4,012 $396K Add +0.3%
VNQ Vanguard Real Estate ETF 0.05% 4,336 $393K No change
AZO AutoZone Inc. 0.05% 100 $381K No change
IWM iShares Russell 2000 ETF 0.04% 1,735 $346K No change
CTBI Community Trust Bancorp Inc. 0.04% 6,232 $314K No change
VTWG Vanguard Russell 2000 Growth 0.04% 1,675 $312K No change
NKE Nike Inc. Class B 0.04% 4,890 $310K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 6,242 $260K No change
VEXAX Vanguard Ext MKT Indx-Adm 0.03% 1,979 $259K No change
WMT Walmart Inc. 0.03% 2,850 $250K No change
PM Philip Morris International 0.03% 1,500 $238K New
CSW CSW Industrials Inc. 0.03% 800 $233K No change
AME Ametek Inc. 0.03% 1,350 $232K No change
VEEV Veeva Systems Inc. Class A 0.03% 1,000 $232K No change
MPC Marathon Petroleum Corp. 0.03% 1,584 $231K No change
ROK Rockwell Automation Inc. 0.03% 850 $220K No change
FDIVX Fidelity Diversified Intl 0.03% 4,700 $208K New
SIGHTLOGIX 0.00% 80,000 $16K No change
ONCY Oncolytics Biotech Inc. 0.00% 15,000 $8K Add +50.0%
IZOZF Izotropic Corp. 0.00% 17,000 $4K Reduce -43.3%
NKLAQ Nikola Corp. 0.00% 10,000 $1K New
NESS Ness Energy Intl Inc. 0.00% 20,000 $0 No change

Portfolio Sells Q4 2024 → Q1 2025
IEFA iShares Core MSCI Eafe ETF Sold out 0.00% −2.54
GOOG Alphabet Inc. Class C Reduce -1.4% 3.64% −0.87
BKNG Booking Holdings Inc. Reduce -2.3% 3.68% −0.39
TMO Thermo Fisher Scientific Inc. Reduce -5.0% 3.34% −0.34
AAPL Apple Inc. Reduce -2.2% 2.06% −0.32
ADI Analog Devices Inc. Reduce -6.7% 1.62% −0.21
FISV Fiserv Inc. Reduce -9.9% 3.51% −0.12
GOOGL Alphabet Inc. Class A Reduce -8.8% 0.21% −0.07
VOO Vanguard S&P 500 ETF Reduce -13.3% 0.20% −0.04
EMXC iShares MSCI Emr MRK Ex Chna Reduce -0.6% 2.50% −0.04
TJX TJX Companies Inc. Reduce -1.8% 2.71% −0.03
SPGI S&P Global Inc. Reduce -3.3% 1.78% −0.03
IWN iShares Russell 2000 Value E Sold out 0.00% −0.03
SYK Stryker Corp. Reduce -3.8% 2.68% −0.02
PFE Pfizer Inc. Reduce -1.8% 0.08% −0.01
IZOZF Izotropic Corp. Reduce -43.3% 0.00% +0.00
DG Dollar General Corp. Reduce -12.7% 1.48% +0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -13.6% 3.64% +0.05
T AT&T Inc. Reduce -17.5% 2.85% +0.07
AZN Astrazeneca PLC-Spons ADR Reduce -8.3% 2.83% +0.08
AJG Arthur J Gallagher & Co. Reduce -12.6% 2.82% +0.16
ELV Elevance Health Inc. Reduce -9.2% 3.85% +0.25

Portfolio Buys Q4 2024 → Q1 2025
LRCX Lam Research Corp. New 0.82% +0.82
ASML ASML Holding NV-NY Reg SHS New 0.80% +0.80
AMAT Applied Materials Inc. New 0.76% +0.76
AMZN Amazon.com Inc. Add +28.8% 3.54% +0.37
V Visa Inc. Class A Add +5.9% 2.44% +0.36
GD General Dynamics Corp. Add +4.8% 2.82% +0.21
PEP Pepsico Inc. Add +5.4% 3.27% +0.12
RSP Invesco S&P 500 Equal Weight New 0.11% +0.11
AMD Advanced Micro Devices Add +23.9% 1.82% +0.09
JNJ Johnson & Johnson Add +3.3% 0.40% +0.06
FBIN Fortune Brands Innovations I Add +15.1% 2.49% +0.06
PM Philip Morris International New 0.03% +0.03
FDIVX Fidelity Diversified Intl New 0.03% +0.03
SYY Sysco Corp. Add +2.6% 2.71% +0.02
XOM Exxon Mobil Corp. Add +1.8% 0.12% +0.01
ABBV Abbvie Inc. Add +0.4% 0.08% +0.01
CARR Carrier Global Corp. Add +8.3% 2.56% +0.01
NKLAQ Nikola Corp. New 0.00% +0.00
ONCY Oncolytics Biotech Inc. Add +50.0% 0.00% −0.00
VTSAX VNGD Mrngst TS MK Idx FD-Adm Add +0.3% 0.06% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +1.7% 0.17% −0.01
DIS The Walt Disney Co. Add +0.3% 0.05% −0.01
MRK Merck & Co. Inc. Add +3.5% 0.10% −0.01
NVDA Nvidia Corp. Add +4.8% 0.11% −0.02
TFC Truist Financial Corp. Add +3.7% 2.30% −0.04
ACN Accenture PLC Class A Add +11.1% 2.65% −0.04
USB US Bancorp Add +9.5% 2.32% −0.08
IJH iShares Core S&P Midcap ETF Add +2.8% 2.38% −0.10
MSFT Microsoft Corp. Add +7.0% 4.46% −0.23
UPS United Parcel Service Class B Add +2.6% 2.89% −0.35

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 93$909.8MBRK.A, GOOG, MSFT, AMZN, TMO
Q1 2026 80$795.5MBRK.A, GOOG, MSFT, EMXC, AMZN
Q4 2025 80$846.4MBRK.A, GOOG, MSFT, AMZN, EMXC
Q3 2025 81$842.9MBRK.A, MSFT, GOOG, AMZN, EMXC
Q2 2025 84$809.3MBRK.A, MSFT, AMZN, GOOG, ELV
Q1 2025 83$793.0MBRK.A, MSFT, ELV, BKNG, BRK.B
Q4 2024 78$791.7MBRK.A, MSFT, GOOG, BKNG, TMO
Q3 2024 81$830.1MBRK.A, MSFT, GOOG, BKNG, FISV
Q2 2024 78$792.9MBRK.A, MSFT, GOOG, BKNG, FISV
Q1 2024 77$799.7MBRK.A, MSFT, GOOG, FISV, BKNG