Roffman Miller Associates Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 15, 2024), Roffman Miller Associates Inc. reported 75 stock positions worth $1.6 billion. Its top holding was Apple (AAPL) at 7.1% of the portfolio, followed by Microsoft (MSFT, 6.5%) and Alphabet Class A (GOOGL, 4.1%). Compared with Q2 2024, it added to 46 and reduced 28. The biggest buy was Cigna (CI, shares +2536%) and the biggest sale Medtronic (MDT, shares −81%).
- Most Recent 13F
- Q2 2026
- Location
- PHILADELPHIA, PA
- CIK
- 0000869367
- Portfolio Value
- $1.6B (Q3 2024)
- SEC Filing
- 0000869367-24-000005 ↗ filed Nov 15, 2024
Holdings Value
Holdings 75 stocks · $1.6B
| AAPL Apple Inc. | 7.09% | 498,412 | $116.1M | Add +2.3% |
| MSFT Microsoft Corp. | 6.48% | 246,735 | $106.2M | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 4.12% | 406,917 | $67.5M | Add +1.8% |
| JPM JPMorgan Chase & Co. | 3.56% | 276,843 | $58.4M | Reduce -0.5% |
| HD Home Depot Inc. | 3.43% | 138,805 | $56.2M | Add +0.6% |
| TXN Texas Instruments Inc. | 3.20% | 253,509 | $52.4M | Add +1.3% |
| AXP American Express Co. | 3.04% | 183,492 | $49.8M | Reduce -0.8% |
| ADP Automatic Data Processing | 3.04% | 179,703 | $49.7M | Add +0.1% |
| RPM RPM International Inc. | 2.91% | 393,864 | $47.7M | Add +0.1% |
| MCD McDonald's Corp. | 2.90% | 155,813 | $47.4M | Add +0.8% |
| SYK Stryker Corp. | 2.87% | 130,322 | $47.1M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 2.83% | 248,809 | $46.4M | Add +9.8% |
| AFL Aflac Inc. | 2.67% | 391,464 | $43.8M | Reduce -0.4% |
| JNJ Johnson & Johnson | 2.57% | 259,281 | $42.0M | Add +3.6% |
| PEP Pepsico Inc. | 2.52% | 242,243 | $41.2M | Add +1.7% |
| NDSN Nordson Corp. | 2.43% | 151,760 | $39.9M | Add +1.2% |
| CB Chubb Ltd. | 2.28% | 129,580 | $37.4M | Add +0.9% |
| HON Honeywell International Inc. | 2.25% | 178,445 | $36.9M | Add +1.6% |
| EXPO Exponent Inc. | 2.19% | 311,802 | $35.9M | Add +0.3% |
| V Visa Inc. Class A | 2.12% | 126,120 | $34.7M | Add +3.0% |
| APH Amphenol Corp. Class A | 1.99% | 499,141 | $32.5M | Add +3.1% |
| MKC McCormick & Co.-Non VTG SHRS | 1.87% | 371,632 | $30.6M | Add +0.5% |
| CHD Church & Dwight Co. Inc. | 1.80% | 281,008 | $29.4M | Reduce -0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.59% | 658,139 | $26.1M | Add +2.1% |
| JCI Johnson Controls Internation | 1.59% | 335,322 | $26.0M | Reduce -2.3% |
| MRK Merck & Co. Inc. | 1.59% | 228,733 | $26.0M | Reduce -9.8% |
| ACN Accenture PLC Class A | 1.55% | 71,635 | $25.3M | Add +5.0% |
| AME Ametek Inc. | 1.40% | 133,970 | $23.0M | Add +2.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.37% | 233,452 | $22.5M | Reduce -1.2% |
| ASML ASML Holding NV-NY Reg SHS | 1.36% | 26,690 | $22.2M | Add +27.6% |
| TMO Thermo Fisher Scientific Inc. | 1.35% | 35,869 | $22.2M | Add +1.8% |
| ADBE Adobe Inc. | 1.26% | 39,959 | $20.7M | Add +6.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.24% | 172,775 | $20.3M | Add +0.3% |
| APD Air Products & Chemicals Inc. | 1.24% | 68,014 | $20.3M | Add +0.2% |
| GD General Dynamics Corp. | 1.16% | 62,616 | $18.9M | Add +13.6% |
| ICE Intercontinental Exchange Inc. | 1.04% | 106,490 | $17.1M | Add +8.6% |
| VZ Verizon Communications Inc. | 1.03% | 375,883 | $16.9M | Add +2.5% |
| DEO Diageo PLC-Sponsored ADR | 1.02% | 118,697 | $16.7M | Reduce -3.4% |
| ORCL Oracle Corp. | 0.97% | 92,996 | $15.8M | Add +13.0% |
| CI The Cigna Group | 0.96% | 45,366 | $15.7M | Add +2536.0% |
| COST Costco Wholesale Corp. | 0.87% | 15,990 | $14.2M | Add +20.8% |
| DHR Danaher Corp. | 0.71% | 41,788 | $11.6M | Reduce -1.8% |
| CRM Salesforce Inc. | 0.64% | 38,085 | $10.4M | Add +7.4% |
| BA The Boeing Co. | 0.56% | 60,534 | $9.2M | Reduce -9.4% |
| STZ Constellation Brands Inc. Class A | 0.50% | 31,892 | $8.2M | Add +1.1% |
| FDX FedEx Corp. | 0.47% | 28,398 | $7.8M | Reduce -41.5% |
| GOOG Alphabet Inc. Class C | 0.33% | 32,054 | $5.4M | Add +61.4% |
| PPL PPL Corp. | 0.33% | 161,585 | $5.3M | Add +9.2% |
| ALB Albemarle Corp. | 0.31% | 54,002 | $5.1M | Reduce -16.2% |
| XOM Exxon Mobil Corp. | 0.31% | 42,990 | $5.0M | Reduce -0.6% |
| UGI Ugi Corp. | 0.28% | 183,305 | $4.6M | Add +3.9% |
| T AT&T Inc. | 0.28% | 205,287 | $4.5M | Reduce -1.9% |
| MMM 3M Co. | 0.25% | 29,480 | $4.0M | Reduce -5.2% |
| META Meta Platforms Inc. Class A | 0.24% | 6,960 | $4.0M | Add +25.5% |
| MDT Medtronic PLC | 0.24% | 43,993 | $4.0M | Reduce -80.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 6,455 | $3.7M | Add +57.7% |
| VONG Vanguard Russell 1000 Growth | 0.22% | 36,996 | $3.6M | Add +0.3% |
| ARTNA Artesian Resources Corp. Class A | 0.18% | 78,912 | $2.9M | Reduce -2.1% |
| LGLV SPDR US LC Low Vol Idx | 0.13% | 12,460 | $2.1M | Reduce -0.1% |
| CL Colgate-Palmolive Co. | 0.13% | 20,236 | $2.1M | Reduce -3.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 7,303 | $2.1M | Reduce -4.8% |
| KMB Kimberly-Clark Corp. | 0.10% | 12,084 | $1.7M | Reduce -6.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 7,614 | $1.7M | Add +19.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.10% | 9,016 | $1.6M | Add +0.6% |
| NEE Nextera Energy Inc. | 0.09% | 17,735 | $1.5M | Add +3.8% |
| VONV Vanguard Russell 1000 Value | 0.07% | 14,377 | $1.2M | Add +0.9% |
| VEA Vanguard Ftse Developed ETF | 0.07% | 20,260 | $1.1M | Reduce -0.1% |
| SCHG Schwab US Large-Cap Growth | 0.06% | 9,333 | $972K | Reduce -3.8% |
| DFS Discover Financial Services | 0.04% | 5,161 | $724K | Reduce -6.4% |
| PFE Pfizer Inc. | 0.04% | 24,056 | $696K | Reduce -5.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.04% | 2,941 | $590K | Reduce -2.4% |
| SMLV SS SPDR US SC Low Vol Idx | 0.03% | 4,315 | $536K | Add +0.5% |
| VTWG Vanguard Russell 2000 Growth | 0.03% | 2,146 | $445K | Add +0.2% |
| IWO iShares Russell 2000 Growth | 0.02% | 1,310 | $372K | Reduce -0.8% |
| IWM iShares Russell 2000 ETF | 0.02% | 1,127 | $249K | No change |
Options reported separately and not counted above: JNJ calls ($324K), AMZN calls ($186K), GOOG calls ($167K), ASML calls ($167K), BAC calls ($79K).
Portfolio Sells Q2 2024 → Q3 2024
| MDT Medtronic PLC | Reduce -80.9% | 0.24% | −0.95 |
| FDX FedEx Corp. | Reduce -41.5% | 0.47% | −0.48 |
| MRK Merck & Co. Inc. | Reduce -9.8% | 1.59% | −0.48 |
| BA The Boeing Co. | Reduce -9.4% | 0.56% | −0.24 |
| DIS The Walt Disney Co. | Reduce -1.2% | 1.37% | −0.17 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 3.56% | −0.14 |
| CHD Church & Dwight Co. Inc. | Reduce -0.8% | 1.80% | −0.14 |
| ALB Albemarle Corp. | Reduce -16.2% | 0.31% | −0.09 |
| SYK Stryker Corp. | Reduce -0.1% | 2.87% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -0.6% | 0.31% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -6.9% | 0.10% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -4.8% | 0.13% | −0.01 |
| ARTNA Artesian Resources Corp. Class A | Reduce -2.1% | 0.18% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -3.9% | 0.13% | −0.01 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.8% | 0.06% | −0.01 |
| PFE Pfizer Inc. | Reduce -5.9% | 0.04% | −0.00 |
| DFS Discover Financial Services | Reduce -6.4% | 0.04% | −0.00 |
| DEO Diageo PLC-Sponsored ADR | Reduce -3.4% | 1.02% | −0.00 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.1% | 0.07% | −0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -2.4% | 0.04% | −0.00 |
| IWO iShares Russell 2000 Growth | Reduce -0.8% | 0.02% | −0.00 |
| LGLV SPDR US LC Low Vol Idx | Reduce -0.1% | 0.13% | +0.00 |
| DHR Danaher Corp. | Reduce -1.8% | 0.71% | +0.01 |
| T AT&T Inc. | Reduce -1.9% | 0.28% | +0.01 |
| MMM 3M Co. | Reduce -5.2% | 0.25% | +0.04 |
| JCI Johnson Controls Internation | Reduce -2.3% | 1.59% | +0.09 |
| AXP American Express Co. | Reduce -0.8% | 3.04% | +0.22 |
| AFL Aflac Inc. | Reduce -0.4% | 2.67% | +0.36 |
Portfolio Buys Q2 2024 → Q3 2024
| CI The Cigna Group | Add +2536.0% | 0.96% | +0.92 |
| AAPL Apple Inc. | Add +2.3% | 7.09% | +0.33 |
| HD Home Depot Inc. | Add +0.6% | 3.43% | +0.31 |
| MCD McDonald's Corp. | Add +0.8% | 2.90% | +0.30 |
| EXPO Exponent Inc. | Add +0.3% | 2.19% | +0.25 |
| ADP Automatic Data Processing | Add +0.1% | 3.04% | +0.21 |
| ORCL Oracle Corp. | Add +13.0% | 0.97% | +0.20 |
| ACN Accenture PLC Class A | Add +5.0% | 1.55% | +0.18 |
| ICE Intercontinental Exchange Inc. | Add +8.6% | 1.04% | +0.16 |
| JNJ Johnson & Johnson | Add +3.6% | 2.57% | +0.16 |
| NDSN Nordson Corp. | Add +1.2% | 2.43% | +0.14 |
| MKC McCormick & Co.-Non VTG SHRS | Add +0.5% | 1.87% | +0.14 |
| COST Costco Wholesale Corp. | Add +20.8% | 0.87% | +0.12 |
| CB Chubb Ltd. | Add +0.9% | 2.28% | +0.12 |
| RPM RPM International Inc. | Add +0.1% | 2.91% | +0.12 |
| GD General Dynamics Corp. | Add +13.6% | 1.16% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +61.4% | 0.33% | +0.09 |
| APD Air Products & Chemicals Inc. | Add +0.2% | 1.24% | +0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +57.7% | 0.23% | +0.08 |
| TMO Thermo Fisher Scientific Inc. | Add +1.8% | 1.35% | +0.07 |
| META Meta Platforms Inc. Class A | Add +25.5% | 0.24% | +0.06 |
| PPL PPL Corp. | Add +9.2% | 0.33% | +0.06 |
| CRM Salesforce Inc. | Add +7.4% | 0.64% | +0.04 |
| VZ Verizon Communications Inc. | Add +2.5% | 1.03% | +0.03 |
| IBM Intl Business Machines Corp. | Add +19.1% | 0.10% | +0.03 |
| UGI Ugi Corp. | Add +3.9% | 0.28% | +0.01 |
| NEE Nextera Energy Inc. | Add +3.8% | 0.09% | +0.01 |
| SMLV SS SPDR US SC Low Vol Idx | Add +0.5% | 0.03% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.6% | 0.10% | +0.00 |
| VONV Vanguard Russell 1000 Value | Add +0.9% | 0.07% | +0.00 |
| V Visa Inc. Class A | Add +3.0% | 2.12% | +0.00 |
| VTWG Vanguard Russell 2000 Growth | Add +0.2% | 0.03% | +0.00 |
| TXN Texas Instruments Inc. | Add +1.3% | 3.20% | −0.01 |
| TJX TJX Companies Inc. | Add +0.3% | 1.24% | −0.01 |
| VONG Vanguard Russell 1000 Growth | Add +0.3% | 0.22% | −0.01 |
| AME Ametek Inc. | Add +2.9% | 1.40% | −0.03 |
| STZ Constellation Brands Inc. Class A | Add +1.1% | 0.50% | −0.03 |
| ASML ASML Holding NV-NY Reg SHS | Add +27.6% | 1.36% | −0.05 |
| AMZN Amazon.com Inc. | Add +9.8% | 2.83% | −0.05 |
| PEP Pepsico Inc. | Add +1.7% | 2.52% | −0.07 |
| BAC Bank of America Corp. | Add +2.1% | 1.59% | −0.09 |
| ADBE Adobe Inc. | Add +6.8% | 1.26% | −0.11 |
| APH Amphenol Corp. Class A | Add +3.1% | 1.99% | −0.16 |
| HON Honeywell International Inc. | Add +1.6% | 2.25% | −0.22 |
| GOOGL Alphabet Inc. Class A | Add +1.8% | 4.12% | −0.67 |
| MSFT Microsoft Corp. | Add +0.6% | 6.48% | −0.74 |
Options Activity Q2 2024 → Q3 2024
| JNJ Johnson & Johnson | call | New | 2,000 | $324K |
| AMZN Amazon.com Inc. | call | New | 1,000 | $186K |
| GOOG Alphabet Inc. Class C | call | New | 1,000 | $167K |
| ASML ASML Holding NV-NY Reg SHS | call | New | 200 | $167K |
| BAC Bank of America Corp. | call | New | 2,000 | $79K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 87 | $1.9B | GOOGL, AAPL, MSFT, APH, JPM |
| Q1 2026 | 85 | $1.7B | AAPL, GOOGL, MSFT, JPM, JNJ |
| Q4 2025 | 84 | $1.8B | MSFT, GOOGL, AAPL, JPM, AMZN |
| Q3 2025 | 80 | $1.8B | MSFT, AAPL, GOOGL, JPM, APH |
| Q2 2025 | 74 | $1.7B | MSFT, AAPL, JPM, GOOGL, AMZN |
| Q1 2025 | 75 | $1.6B | AAPL, MSFT, GOOGL, JPM, ADP |
| Q4 2024 | 75 | $1.6B | AAPL, MSFT, GOOGL, JPM, AMZN |
| Q3 2024 | 75 | $1.6B | AAPL, MSFT, GOOGL, JPM, HD |
| Q2 2024 | 75 | $1.5B | MSFT, AAPL, GOOGL, JPM, TXN |
| Q1 2024 | 77 | $1.5B | MSFT, AAPL, GOOGL, JPM, HD |