Schaper Benz & Wise Investment Counsel Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 29, 2024), Schaper Benz & Wise Investment Counsel Inc. reported 143 stock positions worth $1.2 billion. Its top holding was Stryker (SYK) at 3.2% of the portfolio, followed by Apple (AAPL, 3.2%) and Waters (WAT, 3.1%). Compared with Q4 2023, it opened 16 new positions, sold out of 7, added to 68 and reduced 40. The biggest buy was Amcor (AMCR, shares +119%) and the biggest sale Intel (INTC, shares −1%).

Most Recent 13F
Q2 2026
Location
NEENAH, WI
CIK
0001033974
Portfolio Value
$1.2B (Q1 2024)
SEC Filing
0001033974-24-000002 ↗ filed Apr 29, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 143 stocks · $1.2B
SYK Stryker Corp. 3.22% 107,743 $38.6M Reduce -0.4%
AAPL Apple Inc. 3.16% 221,143 $37.9M Add +0.6%
WAT Waters Corp. 3.11% 108,235 $37.3M Reduce -1.1%
ADBE Adobe Inc. 2.88% 68,359 $34.5M Add +0.8%
GOOG Alphabet Inc. Class C 2.76% 217,548 $33.1M Add +1.8%
AXP American Express Co. 2.54% 133,415 $30.4M Reduce -1.3%
LIN Linde PLC 2.32% 59,905 $27.8M Add +1.1%
BRK.B Berkshire Hathaway Inc. Class B 2.32% 66,023 $27.8M Add +0.1%
CSCO Cisco Systems Inc. 2.26% 543,222 $27.1M Reduce -0.3%
UNP Union Pacific Corp. 2.14% 104,092 $25.6M Reduce -0.4%
AFL Aflac Inc. 2.11% 293,996 $25.2M Reduce -4.6%
AMD Advanced Micro Devices 2.07% 137,396 $24.8M Reduce -1.6%
HD Home Depot Inc. 2.02% 63,163 $24.2M Reduce -0.5%
PAYX Paychex Inc. 1.96% 191,083 $23.5M Add +1.9%
ORCL Oracle Corp. 1.86% 177,818 $22.3M Reduce -0.8%
IDXX Idexx Laboratories Inc. 1.81% 40,175 $21.7M Add +0.6%
SYY Sysco Corp. 1.79% 264,370 $21.5M Reduce -0.4%
ADP Automatic Data Processing 1.78% 85,219 $21.3M Reduce -0.2%
GOOGL Alphabet Inc. Class A 1.77% 140,282 $21.2M Add +3.7%
WFC Wells Fargo & Co. 1.75% 362,303 $21.0M Add +0.2%
CMCSA Comcast Corp. Class A 1.61% 444,371 $19.3M Reduce -1.1%
V Visa Inc. Class A 1.59% 68,314 $19.1M Add +0.4%
ABT Abbott Laboratories 1.58% 166,484 $18.9M Reduce -0.2%
AME Ametek Inc. 1.58% 103,260 $18.9M Reduce -0.6%
MSFT Microsoft Corp. 1.52% 43,396 $18.3M Add +0.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 1.50% 147,844 $18.0M Add +0.3%
INTU Intuit Inc. 1.50% 27,676 $18.0M Add +0.5%
INTC Intel Corp. 1.48% 400,831 $17.7M Reduce -0.5%
REGN Regeneron Pharmaceuticals 1.45% 18,010 $17.3M Add +0.5%
CVX Chevron Corp. 1.37% 104,302 $16.5M Add +1.3%
ADI Analog Devices Inc. 1.34% 81,010 $16.0M Add +0.4%
KMB Kimberly-Clark Corp. 1.30% 120,283 $15.6M Add +0.0%
JNJ Johnson & Johnson 1.27% 96,211 $15.2M Add +4.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.23% 120,755 $14.8M Add +0.8%
ISRG Intuitive Surgical Inc. 1.13% 33,929 $13.5M Add +1.1%
MRK Merck & Co. Inc. 1.12% 101,979 $13.5M Add +5.8%
USB US Bancorp 1.11% 296,891 $13.3M Reduce -0.9%
SSNC Ss&c Technologies Holdings 1.08% 200,934 $12.9M Add +0.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.08% 235,446 $12.9M Add +1.0%
UBER Uber Technologies Inc. 1.07% 166,613 $12.8M Add +3.2%
SBUX Starbucks Corp. 1.03% 134,914 $12.3M Add +6.0%
ALGN Align Technology Inc. 1.01% 36,745 $12.0M Add +0.8%
AMCR Amcor PLC 0.97% 1,223,776 $11.6M Add +119.4%
MDT Medtronic PLC 0.94% 129,288 $11.3M Reduce -1.9%
GPN Global Payments Inc. 0.92% 82,507 $11.0M Add +0.4%
ECL Ecolab Inc. 0.92% 47,755 $11.0M Reduce -2.7%
PYPL PayPal Holdings Inc. 0.87% 156,033 $10.5M Add +19.5%
BEN Franklin Templeton Inc. 0.85% 362,536 $10.2M Reduce -1.1%
TFC Truist Financial Corp. 0.84% 259,618 $10.1M Add +1.5%
ANSS Ansys Inc. 0.84% 29,034 $10.1M Reduce -0.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.80% 49,997 $9.5M Add +0.2%
AMZN Amazon.com Inc. 0.78% 52,058 $9.4M Add +3.0%
NKE Nike Inc. Class B 0.78% 99,202 $9.3M Add +3.3%
NVDA Nvidia Corp. 0.70% 9,219 $8.3M Add +34.6%
ENB Enbridge Inc. 0.69% 227,833 $8.2M Reduce -4.3%
OVV Ovintiv Inc. 0.67% 153,696 $8.0M Reduce -0.4%
EVRG Evergy Inc. 0.63% 141,150 $7.5M Add +8.8%
SLM SLM Corp. 0.56% 309,804 $6.8M Reduce -0.7%
GE General Electric 0.54% 36,656 $6.4M Add +0.5%
IPGP Ipg Photonics Corp. 0.53% 69,883 $6.3M Add +7.8%
META Meta Platforms Inc. Class A 0.52% 12,805 $6.2M Reduce -0.6%
PAYC Paycom Software Inc. 0.49% 29,244 $5.8M Reduce -1.6%
PFE Pfizer Inc. 0.47% 201,873 $5.6M Reduce -3.1%
WBA Walgreens Boots Alliance Inc. 0.47% 258,165 $5.6M Reduce -5.4%
KIM Kimco Realty Corp. 0.46% 283,231 $5.6M Reduce -20.0%
DEO Diageo PLC-Sponsored ADR 0.46% 37,325 $5.6M Add +2.9%
CP Canadian Pacific Kansas City 0.46% 62,329 $5.5M Add +3.6%
DUK Duke Energy Corp. 0.43% 52,909 $5.1M Reduce -3.1%
AXON Axon Enterprise Inc. 0.42% 16,096 $5.0M Add +0.4%
SO The Southern Co. 0.42% 69,519 $5.0M Reduce -2.6%
MRSH Marsh & McLennan Cos 0.38% 22,349 $4.6M Add +6.1%
ROK Rockwell Automation Inc. 0.38% 15,750 $4.6M Add +62.7%
SPOT Spotify Technology SA 0.36% 16,410 $4.3M Add +1.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.34% 7,737 $4.0M Reduce -0.8%
BRK.A Berkshire Hathaway Inc. Class A 0.32% 6 $3.8M No change
PG The Procter & Gamble Co. 0.30% 22,285 $3.6M Add +3.5%
KO The Coca-Cola Co. 0.30% 57,900 $3.5M Add +19.6%
SRCL Stericycle Inc. 0.27% 60,602 $3.2M Reduce -2.7%
XOM Exxon Mobil Corp. 0.26% 26,416 $3.1M No change
ETSY Etsy Inc. 0.22% 37,538 $2.6M Add +3.0%
IWD iShares Russell 1000 Value E 0.21% 13,976 $2.5M Reduce -1.7%
ASB Associated Banc-Corp. 0.21% 115,955 $2.5M Reduce -1.8%
PEP Pepsico Inc. 0.21% 14,118 $2.5M Add +45.5%
BKNG Booking Holdings Inc. 0.19% 627 $2.3M Reduce -3.8%
VFC VF Corp. 0.16% 126,130 $1.9M Reduce -6.1%
MCD McDonald's Corp. 0.16% 6,737 $1.9M Add +287.9%
MTCH Match Group Inc. 0.15% 51,002 $1.9M Add +18.6%
COST Costco Wholesale Corp. 0.15% 2,393 $1.8M Add +79.3%
VRSN Verisign Inc. 0.14% 8,804 $1.7M Add +32.0%
CWB SS SPDR BB Conv Sec ETF 0.13% 21,683 $1.6M No change
FICO Fair Isaac Corp. 0.11% 1,043 $1.3M No change
HQY Healthequity Inc. 0.11% 15,716 $1.3M Reduce -0.1%
VTI VG Morningstar TS MKT ETF-US 0.10% 4,492 $1.2M Add +40.1%
O Realty Income Corp. 0.09% 19,981 $1.1M Add +19.9%
GLD SPDR Gold Shares 0.09% 5,180 $1.1M No change
ABBV Abbvie Inc. 0.09% 5,730 $1.0M Add +0.4%
FAST Fastenal Co. 0.09% 13,367 $1.0M No change
APA Apa Corp. 0.07% 23,155 $796K Reduce -3.0%
PLXS Plexus Corp. 0.07% 8,208 $778K No change
MOAT Vaneck Morningstar Wide Moat 0.06% 8,241 $741K Add +11.5%
ANET Arista Networks Inc. 0.06% 2,400 $696K No change
UHS Universal Health Services-B 0.05% 3,080 $562K No change
NIC Nicolet Bankshares Inc. 0.05% 6,379 $549K No change
MA Mastercard Inc. Class A 0.05% 1,136 $547K Add +9.8%
LOW Lowe's Cos Inc. 0.05% 2,134 $544K Add +0.1%
WTFC Wintrust Financial Corp. 0.04% 5,157 $538K New
WEC WEC Energy Group Inc. 0.04% 6,530 $536K Add +158.1%
IJJ iShares S&P Mid-Cap 400 Valu 0.04% 4,502 $533K No change
NEE Nextera Energy Inc. 0.04% 8,120 $519K New
ELV Elevance Health Inc. 0.04% 1,001 $519K New
PM Philip Morris International 0.04% 5,228 $479K Add +50.7%
COP Conocophillips 0.04% 3,606 $459K Add +63.0%
SEE Sealed Air Corp. 0.04% 11,996 $446K No change
JPM JPMorgan Chase & Co. 0.04% 2,228 $446K Add +15.6%
UNH Unitedhealth Group Inc. 0.04% 882 $436K Add +0.1%
WMT Walmart Inc. 0.04% 7,023 $423K Add +14.7%
TSCO Tractor Supply Company 0.04% 1,605 $420K Add +60.5%
IJR iShares Core S&P Small-Cap E 0.03% 3,787 $419K Add +0.7%
IEFA iShares Core MSCI Eafe ETF 0.03% 5,466 $406K No change
TCAF T Rowe PRC Cap Appreciation 0.03% 12,701 $384K New
GEHC GE Healthcare Technology 0.03% 4,163 $378K Reduce -49.8%
QQQ Invesco QQQ Trust Series 1 0.03% 808 $359K No change
PANW Palo Alto Networks Inc. 0.03% 1,200 $341K New
AMGN Amgen Inc. 0.03% 1,196 $340K Add +0.1%
LLY Eli Lilly & Co. 0.03% 417 $324K New
CL Colgate-Palmolive Co. 0.03% 3,600 $324K No change
HUBB Hubbell Inc. 0.02% 692 $287K No change
CAT Caterpillar Inc. 0.02% 744 $273K New
MO Altria Group Inc. 0.02% 6,023 $263K New
MMM 3M Co. 0.02% 2,470 $262K New
AMP Ameriprise Financial Inc. 0.02% 586 $257K Add +0.2%
MELI MercadoLibre Inc. 0.02% 169 $256K New
SLV iShares Silver Trust 0.02% 10,626 $242K No change
VZ Verizon Communications Inc. 0.02% 5,651 $237K New
PLTR Palantir Technologies Inc. Class A 0.02% 10,250 $236K New
RTX RTX Corp. 0.02% 2,395 $234K New
TRV The Travelers Cos Inc. 0.02% 1,000 $230K New
ASML ASML Holding NV-NY Reg SHS 0.02% 237 $230K New
TSLA Tesla Inc. 0.02% 1,285 $226K Add +8.4%
TMO Thermo Fisher Scientific Inc. 0.02% 376 $219K Reduce -3.8%
MDLZ Mondelez International Inc. Class A 0.02% 3,021 $211K New
KLIC Kulicke & Soffa Industries 0.02% 4,000 $201K No change
BGS B&G Foods Inc. 0.02% 15,810 $181K No change

Portfolio Sells Q4 2023 → Q1 2024
INTC Intel Corp. Reduce -0.5% 1.48% −0.35
CSCO Cisco Systems Inc. Reduce -0.3% 2.26% −0.23
KIM Kimco Realty Corp. Reduce -20.0% 0.46% −0.22
AFL Aflac Inc. Reduce -4.6% 2.11% −0.19
UNP Union Pacific Corp. Reduce -0.4% 2.14% −0.19
WBA Walgreens Boots Alliance Inc. Reduce -5.4% 0.47% −0.18
CMCSA Comcast Corp. Class A Reduce -1.1% 1.61% −0.17
WAT Waters Corp. Reduce -1.1% 3.11% −0.15
BEN Franklin Templeton Inc. Reduce -1.1% 0.85% −0.14
ANSS Ansys Inc. Reduce -0.2% 0.84% −0.11
ENB Enbridge Inc. Reduce -4.3% 0.69% −0.09
ABT Abbott Laboratories Reduce -0.2% 1.58% −0.08
PFE Pfizer Inc. Reduce -3.1% 0.47% −0.07
PAYC Paycom Software Inc. Reduce -1.6% 0.49% −0.07
VFC VF Corp. Reduce -6.1% 0.16% −0.07
USB US Bancorp Reduce -0.9% 1.11% −0.06
DUK Duke Energy Corp. Reduce -3.1% 0.43% −0.05
MDT Medtronic PLC Reduce -1.9% 0.94% −0.04
SO The Southern Co. Reduce -2.6% 0.42% −0.04
GEHC GE Healthcare Technology Reduce -49.8% 0.03% −0.03
LMT Lockheed Martin Corp. Sold out 0.00% −0.03
CMP Compass Minerals Internation Sold out 0.00% −0.03
VIG Vanguard Dividend Apprec ETF Sold out 0.00% −0.02
ADP Automatic Data Processing Reduce -0.2% 1.78% −0.02
ASB Associated Banc-Corp. Reduce -1.8% 0.21% −0.02
OGN Organon & Co. Sold out 0.00% −0.02
BKNG Booking Holdings Inc. Reduce -3.8% 0.19% −0.02
NAVI Navient Corp. Sold out 0.00% −0.02
SHOP Shopify Inc. Class A Sold out 0.00% −0.02
SRCL Stericycle Inc. Reduce -2.7% 0.27% −0.01
APA Apa Corp. Reduce -3.0% 0.07% −0.01
NZF Nuveen Municipal Credit Inc. Sold out 0.00% −0.01
IWD iShares Russell 1000 Value E Reduce -1.7% 0.21% −0.00
TMO Thermo Fisher Scientific Inc. Reduce -3.8% 0.02% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.8% 0.34% +0.00
HQY Healthequity Inc. Reduce -0.1% 0.11% +0.01
SLM SLM Corp. Reduce -0.7% 0.56% +0.02
AME Ametek Inc. Reduce -0.6% 1.58% +0.03
HD Home Depot Inc. Reduce -0.5% 2.02% +0.03
SYY Sysco Corp. Reduce -0.4% 1.79% +0.04
ECL Ecolab Inc. Reduce -2.7% 0.92% +0.04
OVV Ovintiv Inc. Reduce -0.4% 0.67% +0.05
META Meta Platforms Inc. Class A Reduce -0.6% 0.52% +0.11
ORCL Oracle Corp. Reduce -0.8% 1.86% +0.16
AMD Advanced Micro Devices Reduce -1.6% 2.07% +0.21
AXP American Express Co. Reduce -1.3% 2.54% +0.25
SYK Stryker Corp. Reduce -0.4% 3.22% +0.29

Portfolio Buys Q4 2023 → Q1 2024
AMCR Amcor PLC Add +119.4% 0.97% +0.48
NVDA Nvidia Corp. Add +34.6% 0.70% +0.39
DIS The Walt Disney Co. Add +0.8% 1.23% +0.25
BRK.B Berkshire Hathaway Inc. Class B Add +0.1% 2.32% +0.19
MRK Merck & Co. Inc. Add +5.8% 1.12% +0.17
UBER Uber Technologies Inc. Add +3.2% 1.07% +0.17
PYPL PayPal Holdings Inc. Add +19.5% 0.87% +0.15
WFC Wells Fargo & Co. Add +0.2% 1.75% +0.14
LIN Linde PLC Add +1.1% 2.32% +0.12
GE General Electric Add +0.5% 0.54% +0.12
MCD McDonald's Corp. Add +287.9% 0.16% +0.11
ROK Rockwell Automation Inc. Add +62.7% 0.38% +0.11
ISRG Intuitive Surgical Inc. Add +1.1% 1.13% +0.11
ALGN Align Technology Inc. Add +0.8% 1.01% +0.10
AMZN Amazon.com Inc. Add +3.0% 0.78% +0.09
SPOT Spotify Technology SA Add +1.6% 0.36% +0.09
TROW T Rowe Price Group Inc. Add +0.3% 1.50% +0.07
COST Costco Wholesale Corp. Add +79.3% 0.15% +0.07
IBM Intl Business Machines Corp. Add +0.2% 0.80% +0.06
MSFT Microsoft Corp. Add +0.7% 1.52% +0.06
GOOGL Alphabet Inc. Class A Add +3.7% 1.77% +0.06
PEP Pepsico Inc. Add +45.5% 0.21% +0.06
AXON Axon Enterprise Inc. Add +0.4% 0.42% +0.05
WTFC Wintrust Financial Corp. New 0.04% +0.04
ELV Elevance Health Inc. New 0.04% +0.04
NEE Nextera Energy Inc. New 0.04% +0.04
GOOG Alphabet Inc. Class C Add +1.8% 2.76% +0.04
KO The Coca-Cola Co. Add +19.6% 0.30% +0.04
TCAF T Rowe PRC Cap Appreciation New 0.03% +0.03
VTI VG Morningstar TS MKT ETF-US Add +40.1% 0.10% +0.03
PANW Palo Alto Networks Inc. New 0.03% +0.03
CP Canadian Pacific Kansas City Add +3.6% 0.46% +0.03
LLY Eli Lilly & Co. New 0.03% +0.03
WEC WEC Energy Group Inc. Add +158.1% 0.04% +0.03
MRSH Marsh & McLennan Cos Add +6.1% 0.38% +0.02
REGN Regeneron Pharmaceuticals Add +0.5% 1.45% +0.02
CAT Caterpillar Inc. New 0.02% +0.02
MO Altria Group Inc. New 0.02% +0.02
MMM 3M Co. New 0.02% +0.02
MELI MercadoLibre Inc. New 0.02% +0.02
VZ Verizon Communications Inc. New 0.02% +0.02
PLTR Palantir Technologies Inc. Class A New 0.02% +0.02
RTX RTX Corp. New 0.02% +0.02
TRV The Travelers Cos Inc. New 0.02% +0.02
ASML ASML Holding NV-NY Reg SHS New 0.02% +0.02
MDLZ Mondelez International Inc. Class A New 0.02% +0.02
EVRG Evergy Inc. Add +8.8% 0.63% +0.02
PG The Procter & Gamble Co. Add +3.5% 0.30% +0.02
TSCO Tractor Supply Company Add +60.5% 0.04% +0.02
COP Conocophillips Add +63.0% 0.04% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 160$1.5BAMD, GOOG, CSCO, AAPL, GOOGL
Q1 2026 158$1.3BAAPL, GOOG, CSCO, GOOGL, SYK
Q4 2025 154$1.4BGOOG, AAPL, AXP, GOOGL, CSCO
Q3 2025 152$1.3BAAPL, GOOG, ORCL, AXP, SYK
Q2 2025 153$1.3BAAPL, SYK, AXP, WAT, CSCO
Q1 2025 149$1.2BAAPL, SYK, WAT, BRK.B, AXP
Q4 2024 149$1.2BAAPL, WAT, SYK, GOOG, AXP
Q3 2024 150$1.3BAAPL, SYK, WAT, ADBE, AXP
Q2 2024 146$1.2BAAPL, GOOG, ADBE, SYK, WAT
Q1 2024 143$1.2BSYK, AAPL, WAT, ADBE, GOOG