Ramsay, Stattman, Vela & Price, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Ramsay, Stattman, Vela & Price, Inc. reported 76 stock positions worth $537.7 million. Its top holding was Microsoft (MSFT) at 8.8% of the portfolio, followed by Apple (AAPL, 8.5%) and Berkshire Hathaway Class B (BRK.B, 4.3%). Compared with Q3 2024, it opened 2 new positions, sold out of 1, added to 32 and reduced 32. The biggest buy was Amazon.com (AMZN, shares +1%) and the biggest sale Danaher (DHR, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- COLORADO SPRINGS, CO
- CIK
- 0001541399
- Portfolio Value
- $537.7M (Q4 2024)
- SEC Filing
- 0001541399-25-000002 ↗ filed Jan 31, 2025
Holdings Value
Holdings 76 stocks · $537.7M
| MSFT Microsoft Corp. | 8.77% | 111,856 | $47.1M | Reduce -0.4% |
| AAPL Apple Inc. | 8.47% | 181,948 | $45.6M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.27% | 50,699 | $23.0M | Reduce -0.3% |
| NVDA Nvidia Corp. | 4.26% | 170,415 | $22.9M | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 4.03% | 113,887 | $21.7M | Reduce -0.8% |
| SYK Stryker Corp. | 3.35% | 50,060 | $18.0M | Reduce -0.4% |
| V Visa Inc. Class A | 3.27% | 55,644 | $17.6M | Add +0.3% |
| FISV Fiserv Inc. | 3.20% | 83,649 | $17.2M | Reduce -0.2% |
| ADP Automatic Data Processing | 3.14% | 57,591 | $16.9M | Reduce -1.1% |
| DHR Danaher Corp. | 2.91% | 68,109 | $15.6M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 2.84% | 69,491 | $15.2M | Add +0.8% |
| HD Home Depot Inc. | 2.50% | 34,529 | $13.4M | Add +0.5% |
| COST Costco Wholesale Corp. | 2.39% | 14,026 | $12.9M | Reduce -1.7% |
| ITW Illinois Tool Works | 2.38% | 50,548 | $12.8M | Add +0.1% |
| ABT Abbott Laboratories | 2.34% | 111,095 | $12.6M | Add +6.1% |
| PG The Procter & Gamble Co. | 2.28% | 73,194 | $12.3M | Add +9.7% |
| PEP Pepsico Inc. | 2.15% | 76,011 | $11.6M | Add +0.2% |
| JNJ Johnson & Johnson | 2.02% | 75,089 | $10.9M | Reduce -0.2% |
| IJH iShares Core S&P Midcap ETF | 1.74% | 150,411 | $9.4M | Reduce -0.9% |
| KO The Coca-Cola Co. | 1.73% | 149,610 | $9.3M | Reduce -0.1% |
| EMR Emerson Electric Co. | 1.71% | 74,147 | $9.2M | Add +0.1% |
| IWM iShares Russell 2000 ETF | 1.61% | 39,120 | $8.6M | Reduce -2.0% |
| BDX Becton Dickinson and Co. | 1.59% | 37,648 | $8.5M | Reduce -3.3% |
| TMO Thermo Fisher Scientific Inc. | 1.48% | 15,293 | $8.0M | Add +1.9% |
| LIN Linde PLC | 1.40% | 17,993 | $7.5M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 1.37% | 38,825 | $7.3M | Add +1.1% |
| SBUX Starbucks Corp. | 1.22% | 71,792 | $6.6M | Reduce -2.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.09% | 52,550 | $5.9M | Reduce -4.0% |
| NKE Nike Inc. Class B | 1.09% | 77,221 | $5.8M | Add +0.5% |
| NSRGY Nestle SA-Spons ADR | 1.08% | 71,165 | $5.8M | Reduce -17.2% |
| TSLA Tesla Inc. | 1.05% | 14,020 | $5.7M | No change |
| CSCO Cisco Systems Inc. | 1.03% | 93,907 | $5.6M | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 0.99% | 70,293 | $5.3M | Reduce -4.4% |
| PANW Palo Alto Networks Inc. | 0.98% | 29,070 | $5.3M | No change |
| DEO Diageo PLC-Sponsored ADR | 0.96% | 40,778 | $5.2M | Reduce -2.0% |
| CVX Chevron Corp. | 0.96% | 35,614 | $5.2M | Add +6.8% |
| ADBE Adobe Inc. | 0.96% | 11,560 | $5.1M | Add +1.5% |
| MKC McCormick & Co.-Non VTG SHRS | 0.87% | 61,540 | $4.7M | Reduce -0.3% |
| APD Air Products & Chemicals Inc. | 0.85% | 15,793 | $4.6M | Add +4.3% |
| FDX FedEx Corp. | 0.85% | 16,205 | $4.6M | Add +0.1% |
| CL Colgate-Palmolive Co. | 0.82% | 48,761 | $4.4M | Add +1.2% |
| AMAT Applied Materials Inc. | 0.76% | 25,178 | $4.1M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.68% | 6,252 | $3.7M | Add +7.7% |
| MRK Merck & Co. Inc. | 0.56% | 30,065 | $3.0M | Add +0.3% |
| XOM Exxon Mobil Corp. | 0.51% | 25,734 | $2.8M | Reduce -0.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.48% | 33,227 | $2.6M | Add +32.7% |
| JPM JPMorgan Chase & Co. | 0.44% | 9,805 | $2.4M | Add +0.7% |
| MCD McDonald's Corp. | 0.41% | 7,552 | $2.2M | Add +1.2% |
| PNC PNC Financial Services Group | 0.36% | 10,000 | $1.9M | No change |
| IDXX Idexx Laboratories Inc. | 0.32% | 4,175 | $1.7M | No change |
| VGT Vanguard Info Tech ETF | 0.30% | 2,554 | $1.6M | Reduce -7.1% |
| FTV Fortive Corp. | 0.26% | 18,682 | $1.4M | Reduce -1.7% |
| VWO Vanguard Ftse Emerging Marke | 0.24% | 29,722 | $1.3M | Add +8.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.24% | 4,955 | $1.3M | Reduce -2.0% |
| VEA Vanguard Ftse Developed ETF | 0.23% | 25,864 | $1.2M | Add +16.6% |
| EEM iShares MSCI Emerging Market | 0.23% | 29,161 | $1.2M | Reduce -4.6% |
| RTX RTX Corp. | 0.22% | 10,326 | $1.2M | Add +1.6% |
| IJR iShares Core S&P Small-Cap E | 0.22% | 10,156 | $1.2M | Add +18.1% |
| ZBH Zimmer Biomet Holdings Inc. | 0.22% | 11,039 | $1.2M | Reduce -1.7% |
| BMY Bristol-Myers Squibb Co. | 0.18% | 17,275 | $977K | No change |
| WMT Walmart Inc. | 0.16% | 9,527 | $861K | Reduce -0.5% |
| SCHW Schwab (charles) Corp. | 0.15% | 11,122 | $823K | Add +18.5% |
| AMD Advanced Micro Devices | 0.12% | 5,454 | $659K | Add +1.0% |
| CAT Caterpillar Inc. | 0.10% | 1,469 | $533K | Reduce -9.3% |
| T AT&T Inc. | 0.09% | 21,120 | $481K | Reduce -8.2% |
| VZ Verizon Communications Inc. | 0.06% | 7,512 | $300K | Reduce -11.8% |
| IVV iShares Core S&P 500 ETF | 0.06% | 503 | $296K | Add +4.8% |
| TGT Target Corp. | 0.05% | 2,125 | $287K | No change |
| TTWO Take-Two Interactive Softwre | 0.05% | 1,500 | $276K | No change |
| XEL Xcel Energy Inc. | 0.05% | 4,070 | $275K | No change |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.05% | 3,545 | $266K | Reduce -4.1% |
| AVUS Avantis U.S. Equity ETF | 0.04% | 2,466 | $239K | No change |
| VOO Vanguard S&P 500 ETF | 0.04% | 420 | $226K | Add +0.2% |
| HON Honeywell International Inc. | 0.04% | 930 | $210K | New |
| ITA iShares U.S. Aerospace & Def | 0.04% | 1,400 | $203K | No change |
| VTIP Vanguard Short-Term Tips | 0.04% | 4,140 | $200K | New |
Portfolio Sells Q3 2024 → Q4 2024
| DHR Danaher Corp. | Reduce -0.7% | 2.91% | −0.64 |
| NSRGY Nestle SA-Spons ADR | Reduce -17.2% | 1.08% | −0.53 |
| KO The Coca-Cola Co. | Reduce -0.1% | 1.73% | −0.27 |
| JNJ Johnson & Johnson | Reduce -0.2% | 2.02% | −0.25 |
| MSFT Microsoft Corp. | Reduce -0.4% | 8.77% | −0.21 |
| BIIB Biogen Inc. | Sold out | 0.00% | −0.16 |
| BDX Becton Dickinson and Co. | Reduce -3.3% | 1.59% | −0.16 |
| EFA iShares MSCI Eafe ETF | Reduce -4.4% | 0.99% | −0.15 |
| DEO Diageo PLC-Sponsored ADR | Reduce -2.0% | 0.96% | −0.12 |
| SBUX Starbucks Corp. | Reduce -2.1% | 1.22% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 4.27% | −0.08 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -0.3% | 0.87% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -0.0% | 0.51% | −0.05 |
| EEM iShares MSCI Emerging Market | Reduce -4.6% | 0.23% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -2.0% | 1.61% | −0.03 |
| SYK Stryker Corp. | Reduce -0.4% | 3.35% | −0.02 |
| EL Estee Lauder Companies Class A | Reduce -4.1% | 0.05% | −0.02 |
| CAT Caterpillar Inc. | Reduce -9.3% | 0.10% | −0.02 |
| FTV Fortive Corp. | Reduce -1.7% | 0.26% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -11.8% | 0.06% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.9% | 1.74% | −0.01 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -1.7% | 0.22% | −0.01 |
| T AT&T Inc. | Reduce -8.2% | 0.09% | −0.00 |
| VGT Vanguard Info Tech ETF | Reduce -7.1% | 0.30% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -2.0% | 0.24% | −0.00 |
| WMT Walmart Inc. | Reduce -0.5% | 0.16% | +0.02 |
| COST Costco Wholesale Corp. | Reduce -1.7% | 2.39% | +0.04 |
| DIS The Walt Disney Co. | Reduce -4.0% | 1.09% | +0.11 |
| ADP Automatic Data Processing | Reduce -1.1% | 3.14% | +0.14 |
| FISV Fiserv Inc. | Reduce -0.2% | 3.20% | +0.40 |
| NVDA Nvidia Corp. | Reduce -0.2% | 4.26% | +0.40 |
| GOOG Alphabet Inc. Class C | Reduce -0.8% | 4.03% | +0.47 |
| AAPL Apple Inc. | Reduce -0.9% | 8.47% | +0.52 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +0.8% | 2.84% | +0.45 |
| V Visa Inc. Class A | Add +0.3% | 3.27% | +0.44 |
| EMR Emerson Electric Co. | Add +0.1% | 1.71% | +0.20 |
| GOOGL Alphabet Inc. Class A | Add +1.1% | 1.37% | +0.18 |
| PG The Procter & Gamble Co. | Add +9.7% | 2.28% | +0.13 |
| ABT Abbott Laboratories | Add +6.1% | 2.34% | +0.12 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +32.7% | 0.48% | +0.11 |
| CSCO Cisco Systems Inc. | Add +0.2% | 1.03% | +0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.7% | 0.68% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +0.7% | 0.44% | +0.06 |
| CVX Chevron Corp. | Add +6.8% | 0.96% | +0.05 |
| SCHW Schwab (charles) Corp. | Add +18.5% | 0.15% | +0.04 |
| HON Honeywell International Inc. | New | 0.04% | +0.04 |
| VTIP Vanguard Short-Term Tips | New | 0.04% | +0.04 |
| IJR iShares Core S&P Small-Cap E | Add +18.1% | 0.22% | +0.03 |
| FDX FedEx Corp. | Add +0.1% | 0.85% | +0.02 |
| APD Air Products & Chemicals Inc. | Add +4.3% | 0.85% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +16.6% | 0.23% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +4.8% | 0.06% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.2% | 0.04% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +8.1% | 0.24% | −0.00 |
| RTX RTX Corp. | Add +1.6% | 0.22% | −0.01 |
| MCD McDonald's Corp. | Add +1.2% | 0.41% | −0.02 |
| AMD Advanced Micro Devices | Add +1.0% | 0.12% | −0.04 |
| MRK Merck & Co. Inc. | Add +0.3% | 0.56% | −0.08 |
| ITW Illinois Tool Works | Add +0.1% | 2.38% | −0.08 |
| HD Home Depot Inc. | Add +0.5% | 2.50% | −0.09 |
| CL Colgate-Palmolive Co. | Add +1.2% | 0.82% | −0.11 |
| ADBE Adobe Inc. | Add +1.5% | 0.96% | −0.14 |
| NKE Nike Inc. Class B | Add +0.5% | 1.09% | −0.18 |
| AMAT Applied Materials Inc. | Add +0.0% | 0.76% | −0.18 |
| LIN Linde PLC | Add +0.2% | 1.40% | −0.19 |
| TMO Thermo Fisher Scientific Inc. | Add +1.9% | 1.48% | −0.25 |
| PEP Pepsico Inc. | Add +0.2% | 2.15% | −0.25 |
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 |