Progressive Investment Management Corp
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Progressive Investment Management Corp reported 56 stock positions worth $392.5 million. Its top holding was Microsoft (MSFT) at 10.4% of the portfolio, followed by Nvidia (NVDA, 8.5%) and Apple (AAPL, 7.9%). Compared with Q1 2025, it added to 1 and reduced 40. The biggest buy was Invesco Taxable Municipal Bo (BAB, shares +2%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- LAKE OSWEGO, OR
- CIK
- 0001353318
- Portfolio Value
- $392.5M (Q2 2025)
- SEC Filing
- 0001398344-25-014014 ↗ filed Jul 29, 2025
Holdings Value
Holdings 56 stocks · $392.5M
| MSFT Microsoft Corp. | 10.44% | 82,357 | $41.0M | Reduce -1.1% |
| NVDA Nvidia Corp. | 8.47% | 210,313 | $33.2M | Reduce -1.9% |
| AAPL Apple Inc. | 7.93% | 151,626 | $31.1M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 6.29% | 112,509 | $24.7M | Reduce -1.3% |
| GOOG Alphabet Inc. Class C | 4.90% | 108,481 | $19.2M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 4.45% | 17,630 | $17.5M | Reduce -1.6% |
| MCO Moody's Corp. | 4.36% | 34,143 | $17.1M | Reduce -1.1% |
| V Visa Inc. Class A | 3.87% | 42,734 | $15.2M | Reduce -1.1% |
| SPGI S&P Global Inc. | 3.71% | 27,609 | $14.6M | Reduce -1.0% |
| BKNG Booking Holdings Inc. | 3.24% | 2,197 | $12.7M | Reduce -1.0% |
| VRSK Verisk Analytics Inc. | 2.97% | 37,440 | $11.7M | Reduce -1.0% |
| IT Gartner Inc. | 2.96% | 28,786 | $11.6M | Reduce -1.1% |
| IDXX Idexx Laboratories Inc. | 2.82% | 20,668 | $11.1M | Reduce -1.2% |
| NOW ServiceNow Inc. | 2.75% | 10,491 | $10.8M | Reduce -1.0% |
| TYL Tyler Technologies Inc. | 2.75% | 18,179 | $10.8M | Reduce -1.2% |
| FAST Fastenal Co. | 2.72% | 253,816 | $10.7M | Reduce -0.9% |
| MA Mastercard Inc. Class A | 2.63% | 18,405 | $10.3M | Reduce -1.1% |
| ROP Roper Technologies Inc. | 2.43% | 16,825 | $9.5M | Reduce -1.1% |
| MSCI MSCI Inc. | 2.29% | 15,593 | $9.0M | Reduce -1.0% |
| DHR Danaher Corp. | 2.24% | 44,587 | $8.8M | Reduce -1.1% |
| TT Trane Technologies PLC | 1.53% | 13,716 | $6.0M | Reduce -0.9% |
| KLAC KLA Corp. | 1.45% | 6,348 | $5.7M | Reduce -1.0% |
| ADSK Autodesk Inc. | 1.25% | 15,823 | $4.9M | Reduce -1.3% |
| TMO Thermo Fisher Scientific Inc. | 1.16% | 11,269 | $4.6M | Reduce -1.2% |
| CDNS Cadence Design SYS Inc. | 1.14% | 14,483 | $4.5M | Reduce -1.3% |
| ADBE Adobe Inc. | 1.05% | 10,632 | $4.1M | Reduce -1.0% |
| LRCX Lam Research Corp. | 1.05% | 42,213 | $4.1M | Reduce -0.9% |
| CRM Salesforce Inc. | 1.02% | 14,654 | $4.0M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 0.95% | 21,234 | $3.7M | Reduce -2.3% |
| AMAT Applied Materials Inc. | 0.88% | 18,821 | $3.4M | Reduce -1.0% |
| AON Aon PLC Class A | 0.77% | 8,511 | $3.0M | Reduce -1.2% |
| CTAS Cintas Corp. | 0.50% | 8,768 | $2.0M | Reduce -1.9% |
| IVW iShares S&P 500 Growth ETF | 0.39% | 14,000 | $1.5M | No change |
| JNJ Johnson & Johnson | 0.36% | 9,362 | $1.4M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 1,660 | $806K | Reduce -47.3% |
| MMM 3M Co. | 0.20% | 5,211 | $793K | Reduce -4.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.19% | 6,002 | $741K | Reduce -1.1% |
| DE Deere & Co. | 0.17% | 1,319 | $671K | Reduce -1.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 2,149 | $633K | Reduce -0.7% |
| GLW Corning Inc. | 0.15% | 10,937 | $575K | No change |
| SUSA iShares ESG Optimized MSCI U | 0.13% | 4,000 | $507K | No change |
| VGT Vanguard Info Tech ETF | 0.12% | 700 | $464K | No change |
| ADP Automatic Data Processing | 0.11% | 1,419 | $438K | No change |
| MDY State Street SPDR S&P Midcap | 0.10% | 685 | $388K | Reduce -14.3% |
| AMP Ameriprise Financial Inc. | 0.10% | 720 | $384K | No change |
| BAB Invesco Taxable Municipal Bo | 0.09% | 13,796 | $366K | Add +2.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.09% | 2,757 | $342K | No change |
| NKE Nike Inc. Class B | 0.09% | 4,800 | $341K | No change |
| AMGN Amgen Inc. | 0.08% | 1,105 | $309K | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.07% | 5,816 | $285K | Reduce -0.1% |
| VIS Vanguard Industrials ETF | 0.06% | 800 | $224K | No change |
| VFH Vanguard Financials ETF | 0.04% | 1,300 | $165K | No change |
| VHT Vanguard Health Care ETF | 0.04% | 600 | $149K | No change |
| VAW Vanguard Materials ETF | 0.03% | 700 | $136K | No change |
| VDC Vanguard Consumer Staple ETF | 0.03% | 600 | $131K | No change |
| VPU Vanguard Utilities ETF | 0.03% | 700 | $124K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -1.4% | 7.93% | −1.64 |
| IT Gartner Inc. | Reduce -1.1% | 2.96% | −0.46 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.2% | 1.16% | −0.42 |
| ROP Roper Technologies Inc. | Reduce -1.1% | 2.43% | −0.38 |
| V Visa Inc. Class A | Reduce -1.1% | 3.87% | −0.37 |
| DHR Danaher Corp. | Reduce -1.1% | 2.24% | −0.34 |
| COST Costco Wholesale Corp. | Reduce -1.6% | 4.45% | −0.30 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -47.3% | 0.21% | −0.26 |
| SPGI S&P Global Inc. | Reduce -1.0% | 3.71% | −0.26 |
| TYL Tyler Technologies Inc. | Reduce -1.2% | 2.75% | −0.25 |
| MA Mastercard Inc. Class A | Reduce -1.1% | 2.63% | −0.22 |
| MSCI MSCI Inc. | Reduce -1.0% | 2.29% | −0.20 |
| AON Aon PLC Class A | Reduce -1.2% | 0.77% | −0.19 |
| VRSK Verisk Analytics Inc. | Reduce -1.0% | 2.97% | −0.18 |
| MCO Moody's Corp. | Reduce -1.1% | 4.36% | −0.14 |
| ADBE Adobe Inc. | Reduce -1.0% | 1.05% | −0.10 |
| CRM Salesforce Inc. | Reduce -0.8% | 1.02% | −0.09 |
| JNJ Johnson & Johnson | Reduce -0.1% | 0.36% | −0.07 |
| FAST Fastenal Co. | Reduce -0.9% | 2.72% | −0.06 |
| MMM 3M Co. | Reduce -4.5% | 0.20% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -14.3% | 0.10% | −0.02 |
| TJX TJX Companies Inc. | Reduce -1.1% | 0.19% | −0.02 |
| CTAS Cintas Corp. | Reduce -1.9% | 0.50% | −0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -0.1% | 0.07% | −0.01 |
| DE Deere & Co. | Reduce -1.0% | 0.17% | −0.00 |
| IBM Intl Business Machines Corp. | Reduce -0.7% | 0.16% | +0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -2.3% | 0.95% | +0.01 |
| ADSK Autodesk Inc. | Reduce -1.3% | 1.25% | +0.07 |
| CDNS Cadence Design SYS Inc. | Reduce -1.3% | 1.14% | +0.09 |
| AMAT Applied Materials Inc. | Reduce -1.0% | 0.88% | +0.11 |
| GOOG Alphabet Inc. Class C | Reduce -1.0% | 4.90% | +0.11 |
| LRCX Lam Research Corp. | Reduce -0.9% | 1.05% | +0.18 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 6.29% | +0.21 |
| TT Trane Technologies PLC | Reduce -0.9% | 1.53% | +0.22 |
| KLAC KLA Corp. | Reduce -1.0% | 1.45% | +0.23 |
| IDXX Idexx Laboratories Inc. | Reduce -1.2% | 2.82% | +0.37 |
| BKNG Booking Holdings Inc. | Reduce -1.0% | 3.24% | +0.38 |
| NOW ServiceNow Inc. | Reduce -1.0% | 2.75% | +0.39 |
| MSFT Microsoft Corp. | Reduce -1.1% | 10.44% | +1.68 |
| NVDA Nvidia Corp. | Reduce -1.9% | 8.47% | +1.96 |
Portfolio Buys Q1 2025 → Q2 2025
| BAB Invesco Taxable Municipal Bo | Add +2.1% | 0.09% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 56 | $454.4M | AAPL, NVDA, GOOG, MSFT, AMZN |
| Q1 2026 | 58 | $378.7M | AAPL, NVDA, GOOG, MSFT, AMZN |
| Q4 2025 | 55 | $417.9M | AAPL, MSFT, NVDA, GOOG, AMZN |
| Q3 2025 | 55 | $411.6M | MSFT, NVDA, AAPL, GOOG, AMZN |
| Q2 2025 | 56 | $392.5M | MSFT, NVDA, AAPL, AMZN, GOOG |
| Q1 2025 | 56 | $357.2M | AAPL, MSFT, NVDA, AMZN, GOOG |
| Q4 2024 | 57 | $389.4M | AAPL, MSFT, AMZN, GOOG, NVDA |
| Q3 2024 | 58 | $389.8M | MSFT, AAPL, AMZN, NVDA, GOOG |
| Q2 2024 | 61 | $377.4M | MSFT, AAPL, AMZN, GOOG, NVDA |
| Q1 2024 | 60 | $364.6M | MSFT, AAPL, AMZN, GOOG, IT |