Progressive Investment Management Corp
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Progressive Investment Management Corp reported 55 stock positions worth $417.9 million. Its top holding was Apple (AAPL) at 9.7% of the portfolio, followed by Microsoft (MSFT, 9.3%) and Nvidia (NVDA, 9.2%). Compared with Q3 2025, it opened 1 new position, sold out of 1, added to 6 and reduced 30. The biggest buy was Amphenol Class A (APH, shares +24%) and the biggest sale an exit from Verisk Analytics (VRSK).
- Most Recent 13F
- Q2 2026
- Location
- LAKE OSWEGO, OR
- CIK
- 0001353318
- Portfolio Value
- $417.9M (Q4 2025)
- SEC Filing
- 0001398344-26-003061 ↗ filed Feb 13, 2026
Holdings Value
Holdings 55 stocks · $417.9M
| AAPL Apple Inc. | 9.68% | 148,846 | $40.5M | Reduce -1.0% |
| MSFT Microsoft Corp. | 9.33% | 80,649 | $39.0M | Reduce -0.8% |
| NVDA Nvidia Corp. | 9.21% | 206,390 | $38.5M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 8.06% | 107,398 | $33.7M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 6.07% | 109,969 | $25.4M | Reduce -1.0% |
| MCO Moody's Corp. | 4.11% | 33,664 | $17.2M | Reduce -0.6% |
| AVGO Broadcom Inc. | 3.89% | 46,919 | $16.2M | Add +15.3% |
| COST Costco Wholesale Corp. | 3.58% | 17,352 | $15.0M | Reduce -0.7% |
| V Visa Inc. Class A | 3.54% | 42,134 | $14.8M | Reduce -0.6% |
| SPGI S&P Global Inc. | 3.40% | 27,218 | $14.2M | Reduce -0.6% |
| IDXX Idexx Laboratories Inc. | 3.28% | 20,285 | $13.7M | Reduce -0.9% |
| APH Amphenol Corp. Class A | 2.84% | 87,756 | $11.9M | Add +24.4% |
| MA Mastercard Inc. Class A | 2.48% | 18,121 | $10.3M | Reduce -0.7% |
| FAST Fastenal Co. | 2.41% | 250,708 | $10.1M | Reduce -0.5% |
| DHR Danaher Corp. | 2.40% | 43,792 | $10.0M | Reduce -0.7% |
| MSCI MSCI Inc. | 2.11% | 15,368 | $8.8M | Reduce -0.5% |
| TYL Tyler Technologies Inc. | 1.94% | 17,897 | $8.1M | Reduce -0.6% |
| NOW ServiceNow Inc. | 1.89% | 51,603 | $7.9M | Reduce -0.7% |
| BKNG Booking Holdings Inc. | 1.85% | 1,446 | $7.7M | Reduce -0.6% |
| KLAC KLA Corp. | 1.81% | 6,237 | $7.6M | Reduce -0.5% |
| TT Trane Technologies PLC | 1.76% | 18,945 | $7.4M | Add +39.7% |
| ROP Roper Technologies Inc. | 1.76% | 16,559 | $7.4M | Reduce -0.7% |
| LRCX Lam Research Corp. | 1.70% | 41,556 | $7.1M | Reduce -0.8% |
| TMO Thermo Fisher Scientific Inc. | 1.53% | 11,020 | $6.4M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 1.49% | 19,920 | $6.2M | Reduce -3.5% |
| AMAT Applied Materials Inc. | 1.14% | 18,549 | $4.8M | Reduce -0.6% |
| ADSK Autodesk Inc. | 1.10% | 15,522 | $4.6M | Reduce -0.9% |
| CDNS Cadence Design SYS Inc. | 1.06% | 14,189 | $4.4M | Reduce -0.5% |
| ORCL Oracle Corp. | 0.81% | 17,278 | $3.4M | Reduce -0.6% |
| JNJ Johnson & Johnson | 0.46% | 9,260 | $1.9M | Reduce -1.1% |
| IVW iShares S&P 500 Growth ETF | 0.41% | 14,000 | $1.7M | No change |
| CTAS Cintas Corp. | 0.39% | 8,584 | $1.6M | Reduce -0.7% |
| GLW Corning Inc. | 0.22% | 10,729 | $939K | Reduce -1.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 5,975 | $918K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 1,660 | $834K | No change |
| MMM 3M Co. | 0.20% | 5,187 | $830K | No change |
| LLY Eli Lilly & Co. | 0.16% | 628 | $675K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.15% | 2,149 | $637K | No change |
| DE Deere & Co. | 0.15% | 1,305 | $608K | No change |
| SUSA iShares ESG Optimized MSCI U | 0.13% | 4,000 | $557K | No change |
| VGT Vanguard Info Tech ETF | 0.13% | 700 | $528K | No change |
| AMGN Amgen Inc. | 0.12% | 1,580 | $517K | Add +43.0% |
| BAB Invesco Taxable Municipal Bo | 0.10% | 15,524 | $422K | Add +3.7% |
| ADP Automatic Data Processing | 0.09% | 1,419 | $365K | No change |
| AMP Ameriprise Financial Inc. | 0.08% | 720 | $353K | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.08% | 6,519 | $328K | Add +12.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 2,757 | $314K | No change |
| NKE Nike Inc. Class B | 0.07% | 4,800 | $306K | No change |
| MDY State Street SPDR S&P Midcap | 0.07% | 499 | $301K | Reduce -10.1% |
| VIS Vanguard Industrials ETF | 0.06% | 800 | $239K | No change |
| VFH Vanguard Financials ETF | 0.04% | 1,300 | $174K | No change |
| VHT Vanguard Health Care ETF | 0.04% | 600 | $173K | No change |
| VAW Vanguard Materials ETF | 0.03% | 700 | $145K | No change |
| VPU Vanguard Utilities ETF | 0.03% | 700 | $130K | No change |
| VDC Vanguard Consumer Staple ETF | 0.03% | 600 | $127K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −2.27 |
| MSFT Microsoft Corp. | Reduce -0.8% | 9.33% | −0.90 |
| FAST Fastenal Co. | Reduce -0.5% | 2.41% | −0.60 |
| NOW ServiceNow Inc. | Reduce -0.7% | 1.89% | −0.43 |
| ORCL Oracle Corp. | Reduce -0.6% | 0.81% | −0.38 |
| COST Costco Wholesale Corp. | Reduce -0.7% | 3.58% | −0.35 |
| TYL Tyler Technologies Inc. | Reduce -0.6% | 1.94% | −0.34 |
| ROP Roper Technologies Inc. | Reduce -0.7% | 1.76% | −0.26 |
| NVDA Nvidia Corp. | Reduce -0.6% | 9.21% | −0.20 |
| CDNS Cadence Design SYS Inc. | Reduce -0.5% | 1.06% | −0.16 |
| ADSK Autodesk Inc. | Reduce -0.9% | 1.10% | −0.11 |
| BKNG Booking Holdings Inc. | Reduce -0.6% | 1.85% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -0.7% | 2.48% | −0.05 |
| CTAS Cintas Corp. | Reduce -0.7% | 0.39% | −0.04 |
| MSCI MSCI Inc. | Reduce -0.5% | 2.11% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -10.1% | 0.07% | −0.01 |
| GLW Corning Inc. | Reduce -1.9% | 0.22% | +0.01 |
| V Visa Inc. Class A | Reduce -0.6% | 3.54% | +0.02 |
| JNJ Johnson & Johnson | Reduce -1.1% | 0.46% | +0.04 |
| IDXX Idexx Laboratories Inc. | Reduce -0.9% | 3.28% | +0.11 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 6.07% | +0.15 |
| SPGI S&P Global Inc. | Reduce -0.6% | 3.40% | +0.17 |
| KLAC KLA Corp. | Reduce -0.5% | 1.81% | +0.17 |
| MCO Moody's Corp. | Reduce -0.6% | 4.11% | +0.19 |
| AMAT Applied Materials Inc. | Reduce -0.6% | 1.14% | +0.21 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.9% | 1.53% | +0.22 |
| GOOGL Alphabet Inc. Class A | Reduce -3.5% | 1.49% | +0.27 |
| DHR Danaher Corp. | Reduce -0.7% | 2.40% | +0.27 |
| LRCX Lam Research Corp. | Reduce -0.8% | 1.70% | +0.34 |
| AAPL Apple Inc. | Reduce -1.0% | 9.68% | +0.38 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 8.06% | +1.70 |
Portfolio Buys Q3 2025 → Q4 2025
| APH Amphenol Corp. Class A | Add +24.4% | 2.84% | +0.72 |
| AVGO Broadcom Inc. | Add +15.3% | 3.89% | +0.62 |
| TT Trane Technologies PLC | Add +39.7% | 1.76% | +0.37 |
| LLY Eli Lilly & Co. | New | 0.16% | +0.16 |
| AMGN Amgen Inc. | Add +43.0% | 0.12% | +0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +12.1% | 0.08% | +0.01 |
| BAB Invesco Taxable Municipal Bo | Add +3.7% | 0.10% | +0.00 |
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 |