Ramsay, Stattman, Vela & Price, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 2, 2024), Ramsay, Stattman, Vela & Price, Inc. reported 76 stock positions worth $521.8 million. Its top holding was Microsoft (MSFT) at 9.2% of the portfolio, followed by Apple (AAPL, 6.2%) and Berkshire Hathaway Class B (BRK.B, 4.2%). Compared with Q4 2023, it sold out of 2, added to 21 and reduced 41. The biggest buy was Chevron (CVX, shares +64%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- COLORADO SPRINGS, CO
- CIK
- 0001541399
- Portfolio Value
- $521.8M (Q1 2024)
- SEC Filing
- 0001541399-24-000004 ↗ filed May 2, 2024
Holdings Value
Holdings 76 stocks · $521.8M
| MSFT Microsoft Corp. | 9.24% | 114,553 | $48.2M | Reduce -2.2% |
| AAPL Apple Inc. | 6.17% | 187,750 | $32.2M | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.16% | 51,681 | $21.7M | Reduce -0.6% |
| SYK Stryker Corp. | 3.54% | 51,667 | $18.5M | Reduce -0.8% |
| NVDA Nvidia Corp. | 3.47% | 20,038 | $18.1M | Reduce -15.0% |
| GOOG Alphabet Inc. Class C | 3.43% | 117,663 | $17.9M | Reduce -1.5% |
| DHR Danaher Corp. | 3.36% | 70,199 | $17.5M | Reduce -0.9% |
| V Visa Inc. Class A | 2.98% | 55,745 | $15.6M | Reduce -0.4% |
| ADP Automatic Data Processing | 2.89% | 60,287 | $15.1M | Reduce -0.1% |
| ITW Illinois Tool Works | 2.63% | 51,170 | $13.7M | Reduce -1.0% |
| FISV Fiserv Inc. | 2.58% | 84,332 | $13.5M | Add +0.1% |
| HD Home Depot Inc. | 2.55% | 34,738 | $13.3M | Reduce -0.8% |
| JNJ Johnson & Johnson | 2.38% | 78,626 | $12.4M | Reduce -1.1% |
| PEP Pepsico Inc. | 2.37% | 70,599 | $12.4M | Reduce -0.3% |
| ABT Abbott Laboratories | 2.33% | 107,108 | $12.2M | Reduce -1.9% |
| BDX Becton Dickinson and Co. | 2.18% | 45,897 | $11.4M | Reduce -6.7% |
| PG The Procter & Gamble Co. | 2.12% | 68,113 | $11.1M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 2.06% | 14,679 | $10.8M | Reduce -0.2% |
| NSRGY Nestle SA-Spons ADR | 1.85% | 90,687 | $9.6M | Add +24.3% |
| IJH iShares Core S&P Midcap ETF | 1.82% | 156,046 | $9.5M | Add +2.3% |
| KO The Coca-Cola Co. | 1.81% | 154,192 | $9.4M | Add +0.1% |
| SBUX Starbucks Corp. | 1.79% | 101,979 | $9.3M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 1.74% | 50,340 | $9.1M | Reduce -0.1% |
| TMO Thermo Fisher Scientific Inc. | 1.66% | 14,866 | $8.6M | Add +0.5% |
| EMR Emerson Electric Co. | 1.65% | 75,990 | $8.6M | Reduce -0.9% |
| IWM iShares Russell 2000 ETF | 1.65% | 40,894 | $8.6M | Add +2.7% |
| LIN Linde PLC | 1.64% | 18,384 | $8.5M | Add +0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.58% | 67,313 | $8.2M | Reduce -2.3% |
| NKE Nike Inc. Class B | 1.40% | 77,806 | $7.3M | Reduce -0.6% |
| DEO Diageo PLC-Sponsored ADR | 1.31% | 46,090 | $6.9M | Reduce -9.1% |
| CSCO Cisco Systems Inc. | 1.18% | 123,762 | $6.2M | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 1.17% | 76,432 | $6.1M | Add +2.3% |
| GOOGL Alphabet Inc. Class A | 1.11% | 38,335 | $5.8M | Add +0.3% |
| ADBE Adobe Inc. | 1.10% | 11,385 | $5.7M | Reduce -0.1% |
| CVX Chevron Corp. | 1.04% | 34,413 | $5.4M | Add +64.5% |
| AMAT Applied Materials Inc. | 1.00% | 25,320 | $5.2M | Reduce -0.1% |
| MKC McCormick & Co.-Non VTG SHRS | 0.99% | 67,125 | $5.2M | Reduce -1.5% |
| FDX FedEx Corp. | 0.93% | 16,741 | $4.9M | Add +0.8% |
| CL Colgate-Palmolive Co. | 0.90% | 52,153 | $4.7M | Reduce -14.9% |
| MRK Merck & Co. Inc. | 0.87% | 34,395 | $4.5M | Reduce -2.9% |
| PANW Palo Alto Networks Inc. | 0.79% | 14,545 | $4.1M | Reduce -0.1% |
| APD Air Products & Chemicals Inc. | 0.76% | 16,331 | $4.0M | Add +12.2% |
| TSLA Tesla Inc. | 0.58% | 17,250 | $3.0M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.58% | 25,994 | $3.0M | Add +0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 5,721 | $3.0M | Add +0.5% |
| IDXX Idexx Laboratories Inc. | 0.43% | 4,175 | $2.3M | No change |
| MCD McDonald's Corp. | 0.41% | 7,572 | $2.1M | Reduce -0.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.40% | 27,241 | $2.1M | Reduce -15.1% |
| JPM JPMorgan Chase & Co. | 0.37% | 9,741 | $2.0M | No change |
| FTV Fortive Corp. | 0.33% | 19,747 | $1.7M | Add +1.4% |
| BIIB Biogen Inc. | 0.31% | 7,545 | $1.6M | No change |
| PNC PNC Financial Services Group | 0.31% | 10,000 | $1.6M | No change |
| ZBH Zimmer Biomet Holdings Inc. | 0.31% | 12,131 | $1.6M | Reduce -0.3% |
| BMY Bristol-Myers Squibb Co. | 0.30% | 29,175 | $1.6M | No change |
| EEM iShares MSCI Emerging Market | 0.29% | 36,816 | $1.5M | Add +1.9% |
| VGT Vanguard Info Tech ETF | 0.28% | 2,750 | $1.4M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.24% | 5,055 | $1.3M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.24% | 29,913 | $1.2M | Add +7.2% |
| RTX RTX Corp. | 0.20% | 10,931 | $1.1M | Reduce -1.3% |
| VEA Vanguard Ftse Developed ETF | 0.20% | 21,038 | $1.1M | Add +7.0% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.20% | 6,695 | $1.0M | No change |
| AMD Advanced Micro Devices | 0.19% | 5,400 | $975K | No change |
| IJR iShares Core S&P Small-Cap E | 0.17% | 8,246 | $911K | Add +8.3% |
| CAT Caterpillar Inc. | 0.13% | 1,900 | $696K | No change |
| WMT Walmart Inc. | 0.11% | 9,615 | $579K | No change |
| SCHW Schwab (charles) Corp. | 0.11% | 7,942 | $575K | Add +7.3% |
| TGT Target Corp. | 0.08% | 2,485 | $440K | Reduce -1.0% |
| T AT&T Inc. | 0.08% | 23,961 | $422K | Reduce -10.8% |
| VZ Verizon Communications Inc. | 0.07% | 8,512 | $357K | No change |
| VOO Vanguard S&P 500 ETF | 0.06% | 646 | $311K | Reduce -12.8% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.05% | 4,859 | $249K | Reduce -49.5% |
| XEL Xcel Energy Inc. | 0.05% | 4,383 | $236K | No change |
| TTWO Take-Two Interactive Softwre | 0.04% | 1,500 | $223K | No change |
| MMM 3M Co. | 0.04% | 2,085 | $221K | Reduce -51.7% |
| KVUE Kenvue Inc. | 0.04% | 10,240 | $220K | Reduce -1.5% |
| VLTO Veralto Corp. | 0.04% | 2,267 | $201K | Reduce -87.2% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -2.5% | 6.17% | −1.38 |
| NKE Nike Inc. Class B | Reduce -0.6% | 1.40% | −0.33 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.31 |
| TSLA Tesla Inc. | Reduce -0.1% | 0.58% | −0.29 |
| ADBE Adobe Inc. | Reduce -0.1% | 1.10% | −0.28 |
| BDX Becton Dickinson and Co. | Reduce -6.7% | 2.18% | −0.27 |
| VLTO Veralto Corp. | Reduce -87.2% | 0.04% | −0.26 |
| SBUX Starbucks Corp. | Reduce -1.6% | 1.79% | −0.24 |
| DEO Diageo PLC-Sponsored ADR | Reduce -9.1% | 1.31% | −0.19 |
| JNJ Johnson & Johnson | Reduce -1.1% | 2.38% | −0.15 |
| ITW Illinois Tool Works | Reduce -1.0% | 2.63% | −0.12 |
| ABT Abbott Laboratories | Reduce -1.9% | 2.33% | −0.11 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -15.1% | 0.40% | −0.10 |
| CL Colgate-Palmolive Co. | Reduce -14.9% | 0.90% | −0.09 |
| PANW Palo Alto Networks Inc. | Reduce -0.1% | 0.79% | −0.08 |
| PEP Pepsico Inc. | Reduce -0.3% | 2.37% | −0.08 |
| MMM 3M Co. | Reduce -51.7% | 0.04% | −0.05 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -49.5% | 0.05% | −0.05 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.41% | −0.05 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.04 |
| T AT&T Inc. | Reduce -10.8% | 0.08% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -12.8% | 0.06% | −0.01 |
| KVUE Kenvue Inc. | Reduce -1.5% | 0.04% | −0.00 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -0.3% | 0.31% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -1.5% | 3.43% | +0.01 |
| TGT Target Corp. | Reduce -1.0% | 0.08% | +0.01 |
| V Visa Inc. Class A | Reduce -0.4% | 2.98% | +0.01 |
| RTX RTX Corp. | Reduce -1.3% | 0.20% | +0.01 |
| DHR Danaher Corp. | Reduce -0.9% | 3.36% | +0.02 |
| ADP Automatic Data Processing | Reduce -0.1% | 2.89% | +0.02 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -1.5% | 0.99% | +0.04 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 2.12% | +0.08 |
| HD Home Depot Inc. | Reduce -0.8% | 2.55% | +0.08 |
| COST Costco Wholesale Corp. | Reduce -0.2% | 2.06% | +0.08 |
| MRK Merck & Co. Inc. | Reduce -2.9% | 0.87% | +0.08 |
| EMR Emerson Electric Co. | Reduce -0.9% | 1.65% | +0.13 |
| AMAT Applied Materials Inc. | Reduce -0.1% | 1.00% | +0.16 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 1.74% | +0.18 |
| MSFT Microsoft Corp. | Reduce -2.2% | 9.24% | +0.27 |
| DIS The Walt Disney Co. | Reduce -2.3% | 1.58% | +0.31 |
| SYK Stryker Corp. | Reduce -0.8% | 3.54% | +0.37 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 4.16% | +0.39 |
| NVDA Nvidia Corp. | Reduce -15.0% | 3.47% | +1.09 |
Portfolio Buys Q4 2023 → Q1 2024
| CVX Chevron Corp. | Add +64.5% | 1.04% | +0.40 |
| FISV Fiserv Inc. | Add +0.1% | 2.58% | +0.30 |
| NSRGY Nestle SA-Spons ADR | Add +24.3% | 1.85% | +0.13 |
| LIN Linde PLC | Add +0.5% | 1.64% | +0.11 |
| IJH iShares Core S&P Midcap ETF | Add +2.3% | 1.82% | +0.09 |
| FDX FedEx Corp. | Add +0.8% | 0.93% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +0.5% | 1.66% | +0.06 |
| XOM Exxon Mobil Corp. | Add +0.8% | 0.58% | +0.05 |
| FTV Fortive Corp. | Add +1.4% | 0.33% | +0.03 |
| EFA iShares MSCI Eafe ETF | Add +2.3% | 1.17% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.5% | 0.57% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 1.11% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +2.7% | 1.65% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +7.0% | 0.20% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +8.3% | 0.17% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +7.3% | 0.11% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +7.2% | 0.24% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +1.9% | 0.29% | −0.01 |
| KO The Coca-Cola Co. | Add +0.1% | 1.81% | −0.04 |
| APD Air Products & Chemicals Inc. | Add +12.2% | 0.76% | −0.05 |
| CSCO Cisco Systems Inc. | Add +0.2% | 1.18% | −0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 84 | $562.2M | AAPL, MSFT, NVDA, GOOG, BRK.B |
| Q1 2026 | 79 | $506.3M | AAPL, MSFT, NVDA, GOOG, BRK.B |
| Q4 2025 | 80 | $555.2M | MSFT, AAPL, NVDA, GOOG, BRK.B |
| Q3 2025 | 79 | $558.3M | MSFT, AAPL, NVDA, GOOG, BRK.B |
| Q2 2025 | 80 | $535.5M | MSFT, AAPL, NVDA, BRK.B, V |
| Q1 2025 | 79 | $526.1M | MSFT, AAPL, BRK.B, V, FISV |
| Q4 2024 | 76 | $537.7M | MSFT, AAPL, BRK.B, NVDA, GOOG |
| Q3 2024 | 75 | $538.0M | MSFT, AAPL, BRK.B, NVDA, GOOG |
| Q2 2024 | 75 | $528.5M | MSFT, AAPL, NVDA, GOOG, BRK.B |
| Q1 2024 | 76 | $521.8M | MSFT, AAPL, BRK.B, SYK, NVDA |