Professional Advisory Services Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 12, 2026), Professional Advisory Services Inc. reported 80 stock positions worth $846.4 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 8.9% of the portfolio, followed by Alphabet Class C (GOOG, 4.8%) and Microsoft (MSFT, 4.6%). Compared with Q3 2025, it opened 2 new positions, sold out of 3, added to 21 and reduced 27. The biggest buy was Apple (AAPL, shares +30%) and the biggest sale an exit from Fiserv (FISV).

Most Recent 13F
Q2 2026
Location
VERO BEACH, FL
CIK
0000894205
Portfolio Value
$846.4M (Q4 2025)
SEC Filing
0000894205-26-000002 ↗ filed Jan 12, 2026

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 Q1 2025 Q2 2025: $809.3M Q2 2025 Q3 2025: $842.9M Q3 2025 Q4 2025: $846.4M $846.4M Q4 2025 Q1 2026: $795.5M Q1 2026 Q2 2026: $909.8M Q2 2026

Holdings 80 stocks · $846.4M
BRK.A Berkshire Hathaway Inc. Class A 8.92% 100 $75.5M No change
GOOG Alphabet Inc. Class C 4.80% 129,505 $40.6M Reduce -14.2%
MSFT Microsoft Corp. 4.56% 79,727 $38.6M Add +2.0%
AMZN Amazon.com Inc. 3.94% 144,483 $33.4M Add +0.6%
EMXC iShares MSCI Emr MRK Ex Chna 3.68% 427,974 $31.1M Reduce -1.9%
TMO Thermo Fisher Scientific Inc. 3.49% 51,020 $29.6M Reduce -14.3%
BRK.B Berkshire Hathaway Inc. Class B 3.44% 57,852 $29.1M Add +26.9%
AZN Astrazeneca PLC-Spons ADR 3.32% 305,897 $28.1M Reduce -6.9%
PEP Pepsico Inc. 3.29% 194,216 $27.9M Add +4.5%
ELV Elevance Health Inc. 3.06% 73,987 $25.9M Reduce -3.1%
AAPL Apple Inc. 3.03% 94,277 $25.6M Add +29.6%
J Jacobs Solutions Inc. 2.78% 177,486 $23.5M Add +3.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 2.77% 152,883 $23.5M Reduce -4.8%
BKNG Booking Holdings Inc. 2.71% 4,276 $22.9M Add +9.6%
GD General Dynamics Corp. 2.67% 67,099 $22.6M Reduce -3.1%
V Visa Inc. Class A 2.62% 63,114 $22.1M Add +1.3%
USB US Bancorp 2.57% 408,421 $21.8M Reduce -4.0%
IJH iShares Core S&P Midcap ETF 2.55% 327,010 $21.6M Add +0.3%
TFC Truist Financial Corp. 2.49% 428,561 $21.1M Reduce -1.9%
SYK Stryker Corp. 2.48% 59,663 $21.0M Add +5.1%
AMD Advanced Micro Devices 2.45% 96,998 $20.8M Reduce -27.0%
SYY Sysco Corp. 2.45% 281,569 $20.7M Add +1.9%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.40% 78,448 $20.3M Add +12.2%
ACN Accenture PLC Class A 2.28% 71,977 $19.3M Add +38.6%
SPGI S&P Global Inc. 2.21% 35,717 $18.7M Add +37.2%
ADI Analog Devices Inc. 2.17% 67,663 $18.4M Reduce -7.1%
FBIN Fortune Brands Innovations I 2.03% 343,539 $17.2M Add +2.1%
ADBE Adobe Inc. 2.00% 48,356 $16.9M Add +21.9%
CARR Carrier Global Corp. 1.97% 316,281 $16.7M Add +10.7%
T AT&T Inc. 1.57% 533,750 $13.3M Add +36.1%
LRCX Lam Research Corp. 1.36% 67,324 $11.5M Reduce -7.5%
ASML ASML Holding NV-NY Reg SHS 0.97% 7,699 $8.2M Reduce -2.6%
AMAT Applied Materials Inc. 0.93% 30,700 $7.9M Reduce -22.4%
VCSH Vanguard S/T Corp. Bond ETF 0.84% 89,693 $7.2M Add +1.6%
TMUS T-Mobile US Inc. 0.68% 28,330 $5.8M Reduce -35.4%
JNJ Johnson & Johnson 0.45% 18,322 $3.8M Reduce -0.9%
VTI VG Morningstar TS MKT ETF-US 0.45% 11,260 $3.8M No change
GOOGL Alphabet Inc. Class A 0.38% 10,141 $3.2M Reduce -5.8%
VOO Vanguard S&P 500 ETF 0.22% 2,904 $1.8M Reduce -7.8%
SHV iShares 0-1 Year Treasury Bo 0.20% 15,580 $1.7M Reduce -41.4%
PG The Procter & Gamble Co. 0.19% 11,493 $1.6M No change
NVDA Nvidia Corp. 0.19% 8,460 $1.6M Add +2.3%
VBIL Vanguard 0-3M T-Bill ETF 0.18% 20,000 $1.5M No change
RSP Invesco S&P 500 Equal Weight 0.16% 7,169 $1.4M Add +3.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.15% 1,889 $1.3M Reduce -0.4%
ORCL Oracle Corp. 0.13% 5,804 $1.1M Reduce -89.7%
XOM Exxon Mobil Corp. 0.11% 7,593 $914K Reduce -2.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.10% 2,933 $869K No change
MRK Merck & Co. Inc. 0.10% 7,972 $839K No change
BA The Boeing Co. 0.09% 3,697 $803K No change
ABBV Abbvie Inc. 0.08% 3,000 $685K No change
HD Home Depot Inc. 0.07% 1,800 $619K Reduce -1.2%
CVX Chevron Corp. 0.07% 4,000 $610K Reduce -2.4%
IAU iShares Gold Trust 0.07% 7,173 $582K Reduce -4.5%
PFE Pfizer Inc. 0.07% 23,392 $582K Reduce -3.3%
CSCO Cisco Systems Inc. 0.07% 7,528 $580K No change
LOW Lowe's Cos Inc. 0.07% 2,350 $567K No change
AXP American Express Co. 0.07% 1,500 $555K No change
IWF iShares Russell 1000 Growth 0.06% 1,158 $548K No change
NEE Nextera Energy Inc. 0.05% 5,724 $460K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 4,000 $455K Reduce -0.4%
IWM iShares Russell 2000 ETF 0.05% 1,735 $427K No change
CI The Cigna Group 0.05% 1,525 $420K No change
VTWG Vanguard Russell 2000 Growth 0.05% 1,675 $395K No change
VNQ Vanguard Real Estate ETF 0.05% 4,336 $384K No change
PAYX Paychex Inc. 0.04% 3,400 $381K No change
ABT Abbott Laboratories 0.04% 3,000 $376K No change
CTBI Community Trust Bancorp Inc. 0.04% 6,207 $351K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 6,242 $343K No change
ROK Rockwell Automation Inc. 0.04% 850 $331K No change
WMT Walmart Inc. 0.04% 2,850 $318K No change
NKE Nike Inc. Class B 0.04% 4,890 $312K No change
AME Ametek Inc. 0.03% 1,350 $277K No change
MPC Marathon Petroleum Corp. 0.03% 1,584 $258K No change
PM Philip Morris International 0.03% 1,500 $241K No change
CSW CSW Industrials Inc. 0.03% 800 $235K New
IWN iShares Russell 2000 Value E 0.03% 1,232 $223K No change
VEEV Veeva Systems Inc. Class A 0.02% 900 $201K No change
NVS Novartis AG-Sponsored ADR 0.02% 1,450 $200K New
ONCY Oncolytics Biotech Inc. 0.00% 20,000 $17K No change

Portfolio Sells Q3 2025 → Q4 2025
FISV Fiserv Inc. Sold out 0.00% −2.34
ORCL Oracle Corp. Reduce -89.7% 0.13% −1.75
TMUS T-Mobile US Inc. Reduce -35.4% 0.68% −0.57
SHV iShares 0-1 Year Treasury Bo Reduce -41.4% 0.20% −0.15
GD General Dynamics Corp. Reduce -3.1% 2.67% −0.13
AMD Advanced Micro Devices Reduce -27.0% 2.45% −0.10
ICSH iShares Ultra Short Duration Sold out 0.00% −0.04
AMAT Applied Materials Inc. Reduce -22.4% 0.93% −0.03
AZO AutoZone Inc. Sold out 0.00% −0.03
HD Home Depot Inc. Reduce -1.2% 0.07% −0.01
VOO Vanguard S&P 500 ETF Reduce -7.8% 0.22% −0.01
PFE Pfizer Inc. Reduce -3.3% 0.07% −0.00
CVX Chevron Corp. Reduce -2.4% 0.07% −0.00
DIS The Walt Disney Co. Reduce -0.4% 0.05% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.4% 0.15% +0.00
IAU iShares Gold Trust Reduce -4.5% 0.07% +0.00
XOM Exxon Mobil Corp. Reduce -2.1% 0.11% +0.00
TJX TJX Companies Inc. Reduce -4.8% 2.77% +0.02
JNJ Johnson & Johnson Reduce -0.9% 0.45% +0.04
ADI Analog Devices Inc. Reduce -7.1% 2.17% +0.04
GOOGL Alphabet Inc. Class A Reduce -5.8% 0.38% +0.06
ASML ASML Holding NV-NY Reg SHS Reduce -2.6% 0.97% +0.07
TMO Thermo Fisher Scientific Inc. Reduce -14.3% 3.49% +0.07
TFC Truist Financial Corp. Reduce -1.9% 2.49% +0.12
USB US Bancorp Reduce -4.0% 2.57% +0.13
ELV Elevance Health Inc. Reduce -3.1% 3.06% +0.14
EMXC iShares MSCI Emr MRK Ex Chna Reduce -1.9% 3.68% +0.18
LRCX Lam Research Corp. Reduce -7.5% 1.36% +0.21
AZN Astrazeneca PLC-Spons ADR Reduce -6.9% 3.32% +0.33
GOOG Alphabet Inc. Class C Reduce -14.2% 4.80% +0.44

Portfolio Buys Q3 2025 → Q4 2025
AAPL Apple Inc. Add +29.6% 3.03% +0.83
ACN Accenture PLC Class A Add +38.6% 2.28% +0.76
BRK.B Berkshire Hathaway Inc. Class B Add +26.9% 3.44% +0.72
SPGI S&P Global Inc. Add +37.2% 2.21% +0.70
ADBE Adobe Inc. Add +21.9% 2.00% +0.34
T AT&T Inc. Add +36.1% 1.57% +0.25
BKNG Booking Holdings Inc. Add +9.6% 2.71% +0.21
AMZN Amazon.com Inc. Add +0.6% 3.94% +0.20
PEP Pepsico Inc. Add +4.5% 3.29% +0.20
V Visa Inc. Class A Add +1.3% 2.62% +0.09
CSW CSW Industrials Inc. New 0.03% +0.03
IJH iShares Core S&P Midcap ETF Add +0.3% 2.55% +0.03
NVS Novartis AG-Sponsored ADR New 0.02% +0.02
VCSH Vanguard S/T Corp. Bond ETF Add +1.6% 0.84% +0.01
RSP Invesco S&P 500 Equal Weight Add +3.0% 0.16% +0.01
NVDA Nvidia Corp. Add +2.3% 0.19% +0.00
SYK Stryker Corp. Add +5.1% 2.48% −0.01
CARR Carrier Global Corp. Add +10.7% 1.97% −0.05
FBIN Fortune Brands Innovations I Add +2.1% 2.03% −0.10
AJG Arthur J Gallagher & Co. Add +12.2% 2.40% −0.17
MSFT Microsoft Corp. Add +2.0% 4.56% −0.25
SYY Sysco Corp. Add +1.9% 2.45% −0.25
J Jacobs Solutions Inc. Add +3.6% 2.78% −0.27

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