Ramsay, Stattman, Vela & Price, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 1, 2024), Ramsay, Stattman, Vela & Price, Inc. reported 75 stock positions worth $528.5 million. Its top holding was Microsoft (MSFT) at 9.6% of the portfolio, followed by Apple (AAPL, 7.5%) and Nvidia (NVDA, 4.4%). Compared with Q1 2024, it opened 1 new position, sold out of 2, added to 24 and reduced 33. The biggest buy was Amazon.com (AMZN, shares +34%) and the biggest sale Starbucks (SBUX, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- COLORADO SPRINGS, CO
- CIK
- 0001541399
- Portfolio Value
- $528.5M (Q2 2024)
- SEC Filing
- 0001541399-24-000010 ↗ filed Aug 1, 2024
Holdings Value
Holdings 75 stocks · $528.5M
| MSFT Microsoft Corp. | 9.63% | 113,916 | $50.9M | Reduce -0.6% |
| AAPL Apple Inc. | 7.46% | 187,298 | $39.4M | Reduce -0.2% |
| NVDA Nvidia Corp. | 4.41% | 188,685 | $23.3M | Reduce -5.8% |
| GOOG Alphabet Inc. Class C | 4.06% | 117,070 | $21.5M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.98% | 51,716 | $21.0M | Add +0.1% |
| DHR Danaher Corp. | 3.31% | 69,988 | $17.5M | Reduce -0.3% |
| SYK Stryker Corp. | 3.30% | 51,302 | $17.5M | Reduce -0.7% |
| V Visa Inc. Class A | 2.77% | 55,759 | $14.6M | Add +0.0% |
| ADP Automatic Data Processing | 2.71% | 59,948 | $14.3M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 2.46% | 67,343 | $13.0M | Add +33.8% |
| PEP Pepsico Inc. | 2.45% | 78,520 | $13.0M | Add +11.2% |
| FISV Fiserv Inc. | 2.39% | 84,784 | $12.6M | Add +0.5% |
| COST Costco Wholesale Corp. | 2.36% | 14,693 | $12.5M | Add +0.1% |
| ITW Illinois Tool Works | 2.30% | 51,245 | $12.1M | Add +0.1% |
| HD Home Depot Inc. | 2.27% | 34,822 | $12.0M | Add +0.2% |
| JNJ Johnson & Johnson | 2.16% | 78,092 | $11.4M | Reduce -0.7% |
| PG The Procter & Gamble Co. | 2.12% | 67,969 | $11.2M | Reduce -0.2% |
| ABT Abbott Laboratories | 2.10% | 106,734 | $11.1M | Reduce -0.3% |
| BDX Becton Dickinson and Co. | 1.93% | 43,551 | $10.2M | Reduce -5.1% |
| KO The Coca-Cola Co. | 1.86% | 154,499 | $9.8M | Add +0.2% |
| NSRGY Nestle SA-Spons ADR | 1.79% | 92,542 | $9.5M | Add +2.0% |
| IJH iShares Core S&P Midcap ETF | 1.74% | 157,283 | $9.2M | Add +0.8% |
| EMR Emerson Electric Co. | 1.58% | 75,754 | $8.3M | Reduce -0.3% |
| IWM iShares Russell 2000 ETF | 1.57% | 41,015 | $8.3M | Add +0.3% |
| TMO Thermo Fisher Scientific Inc. | 1.57% | 14,998 | $8.3M | Add +0.9% |
| LIN Linde PLC | 1.53% | 18,439 | $8.1M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 1.32% | 38,370 | $7.0M | Add +0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.25% | 66,631 | $6.6M | Reduce -1.0% |
| ADBE Adobe Inc. | 1.20% | 11,385 | $6.3M | No change |
| SBUX Starbucks Corp. | 1.15% | 78,064 | $6.1M | Reduce -23.4% |
| EFA iShares MSCI Eafe ETF | 1.13% | 76,243 | $6.0M | Reduce -0.3% |
| AMAT Applied Materials Inc. | 1.12% | 25,190 | $5.9M | Reduce -0.5% |
| NKE Nike Inc. Class B | 1.11% | 78,154 | $5.9M | Add +0.5% |
| CSCO Cisco Systems Inc. | 1.11% | 123,922 | $5.9M | Add +0.1% |
| CVX Chevron Corp. | 1.05% | 35,578 | $5.6M | Add +3.4% |
| DEO Diageo PLC-Sponsored ADR | 1.05% | 43,933 | $5.5M | Reduce -4.7% |
| FDX FedEx Corp. | 0.95% | 16,695 | $5.0M | Reduce -0.3% |
| PANW Palo Alto Networks Inc. | 0.93% | 14,535 | $4.9M | Reduce -0.1% |
| CL Colgate-Palmolive Co. | 0.93% | 50,675 | $4.9M | Reduce -2.8% |
| MKC McCormick & Co.-Non VTG SHRS | 0.85% | 63,532 | $4.5M | Reduce -5.3% |
| APD Air Products & Chemicals Inc. | 0.81% | 16,616 | $4.3M | Add +1.8% |
| MRK Merck & Co. Inc. | 0.76% | 32,635 | $4.0M | Reduce -5.1% |
| TSLA Tesla Inc. | 0.60% | 16,050 | $3.2M | Reduce -7.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.59% | 5,702 | $3.1M | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 0.56% | 25,749 | $3.0M | Reduce -0.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.40% | 27,156 | $2.1M | Reduce -0.3% |
| IDXX Idexx Laboratories Inc. | 0.38% | 4,175 | $2.0M | No change |
| JPM JPMorgan Chase & Co. | 0.37% | 9,741 | $2.0M | No change |
| MCD McDonald's Corp. | 0.36% | 7,467 | $1.9M | Reduce -1.4% |
| BIIB Biogen Inc. | 0.33% | 7,545 | $1.7M | No change |
| VGT Vanguard Info Tech ETF | 0.30% | 2,750 | $1.6M | No change |
| PNC PNC Financial Services Group | 0.29% | 10,000 | $1.6M | No change |
| EEM iShares MSCI Emerging Market | 0.28% | 34,711 | $1.5M | Reduce -5.7% |
| FTV Fortive Corp. | 0.28% | 19,842 | $1.5M | Add +0.5% |
| ZBH Zimmer Biomet Holdings Inc. | 0.25% | 12,194 | $1.3M | Add +0.5% |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 27,968 | $1.2M | Reduce -6.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.23% | 5,055 | $1.2M | No change |
| BMY Bristol-Myers Squibb Co. | 0.23% | 29,175 | $1.2M | No change |
| VEA Vanguard Ftse Developed ETF | 0.21% | 22,931 | $1.1M | Add +9.0% |
| RTX RTX Corp. | 0.20% | 10,456 | $1.0M | Reduce -4.3% |
| IJR iShares Core S&P Small-Cap E | 0.17% | 8,609 | $918K | Add +4.4% |
| AMD Advanced Micro Devices | 0.17% | 5,400 | $876K | No change |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.13% | 6,695 | $712K | No change |
| WMT Walmart Inc. | 0.12% | 9,595 | $650K | Reduce -0.2% |
| SCHW Schwab (charles) Corp. | 0.12% | 8,752 | $645K | Add +10.2% |
| CAT Caterpillar Inc. | 0.11% | 1,745 | $581K | Reduce -8.2% |
| T AT&T Inc. | 0.09% | 23,961 | $458K | No change |
| TGT Target Corp. | 0.07% | 2,485 | $368K | No change |
| VZ Verizon Communications Inc. | 0.07% | 8,512 | $351K | No change |
| IVV iShares Core S&P 500 ETF | 0.06% | 553 | $303K | New |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.05% | 4,859 | $249K | No change |
| VOO Vanguard S&P 500 ETF | 0.05% | 488 | $244K | Reduce -24.5% |
| XEL Xcel Energy Inc. | 0.04% | 4,383 | $234K | No change |
| TTWO Take-Two Interactive Softwre | 0.04% | 1,500 | $233K | No change |
| KVUE Kenvue Inc. | 0.04% | 10,240 | $186K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| SBUX Starbucks Corp. | Reduce -23.4% | 1.15% | −0.64 |
| DIS The Walt Disney Co. | Reduce -1.0% | 1.25% | −0.33 |
| DEO Diageo PLC-Sponsored ADR | Reduce -4.7% | 1.05% | −0.27 |
| BDX Becton Dickinson and Co. | Reduce -5.1% | 1.93% | −0.25 |
| SYK Stryker Corp. | Reduce -0.7% | 3.30% | −0.24 |
| ABT Abbott Laboratories | Reduce -0.3% | 2.10% | −0.23 |
| JNJ Johnson & Johnson | Reduce -0.7% | 2.16% | −0.22 |
| ADP Automatic Data Processing | Reduce -0.6% | 2.71% | −0.18 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -5.3% | 0.85% | −0.14 |
| MRK Merck & Co. Inc. | Reduce -5.1% | 0.76% | −0.11 |
| EMR Emerson Electric Co. | Reduce -0.3% | 1.58% | −0.07 |
| DHR Danaher Corp. | Reduce -0.3% | 3.31% | −0.05 |
| MCD McDonald's Corp. | Reduce -1.4% | 0.36% | −0.05 |
| MMM 3M Co. | Sold out | 0.00% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -0.3% | 1.13% | −0.04 |
| VLTO Veralto Corp. | Sold out | 0.00% | −0.04 |
| CAT Caterpillar Inc. | Reduce -8.2% | 0.11% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 0.56% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -24.5% | 0.05% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -5.7% | 0.28% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.5% | 0.23% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.3% | 0.40% | −0.01 |
| RTX RTX Corp. | Reduce -4.3% | 0.20% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 2.12% | +0.00 |
| WMT Walmart Inc. | Reduce -0.2% | 0.12% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.3% | 0.59% | +0.01 |
| FDX FedEx Corp. | Reduce -0.3% | 0.95% | +0.02 |
| TSLA Tesla Inc. | Reduce -7.0% | 0.60% | +0.02 |
| CL Colgate-Palmolive Co. | Reduce -2.8% | 0.93% | +0.03 |
| AMAT Applied Materials Inc. | Reduce -0.5% | 1.12% | +0.12 |
| PANW Palo Alto Networks Inc. | Reduce -0.1% | 0.93% | +0.14 |
| MSFT Microsoft Corp. | Reduce -0.6% | 9.63% | +0.40 |
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 4.06% | +0.63 |
| NVDA Nvidia Corp. | Reduce -5.8% | 4.41% | +0.94 |
| AAPL Apple Inc. | Reduce -0.2% | 7.46% | +1.29 |
Portfolio Buys Q1 2024 → Q2 2024
| AMZN Amazon.com Inc. | Add +33.8% | 2.46% | +0.72 |
| COST Costco Wholesale Corp. | Add +0.1% | 2.36% | +0.30 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 1.32% | +0.21 |
| PEP Pepsico Inc. | Add +11.2% | 2.45% | +0.08 |
| IVV iShares Core S&P 500 ETF | New | 0.06% | +0.06 |
| APD Air Products & Chemicals Inc. | Add +1.8% | 0.81% | +0.05 |
| KO The Coca-Cola Co. | Add +0.2% | 1.86% | +0.05 |
| CVX Chevron Corp. | Add +3.4% | 1.05% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +9.0% | 0.21% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +10.2% | 0.12% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +4.4% | 0.17% | −0.00 |
| FTV Fortive Corp. | Add +0.5% | 0.28% | −0.05 |
| NSRGY Nestle SA-Spons ADR | Add +2.0% | 1.79% | −0.05 |
| ZBH Zimmer Biomet Holdings Inc. | Add +0.5% | 0.25% | −0.06 |
| CSCO Cisco Systems Inc. | Add +0.1% | 1.11% | −0.07 |
| IWM iShares Russell 2000 ETF | Add +0.3% | 1.57% | −0.07 |
| IJH iShares Core S&P Midcap ETF | Add +0.8% | 1.74% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +0.9% | 1.57% | −0.09 |
| LIN Linde PLC | Add +0.3% | 1.53% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 3.98% | −0.18 |
| FISV Fiserv Inc. | Add +0.5% | 2.39% | −0.19 |
| V Visa Inc. Class A | Add +0.0% | 2.77% | −0.21 |
| HD Home Depot Inc. | Add +0.2% | 2.27% | −0.29 |
| NKE Nike Inc. Class B | Add +0.5% | 1.11% | −0.29 |
| ITW Illinois Tool Works | Add +0.1% | 2.30% | −0.33 |
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 |