Schaper Benz & Wise Investment Counsel Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 18, 2024), Schaper Benz & Wise Investment Counsel Inc. reported 150 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 4.1% of the portfolio, followed by Stryker (SYK, 3.1%) and Waters (WAT, 3.1%). Compared with Q2 2024, it opened 6 new positions, sold out of 2, added to 73 and reduced 41. The biggest buy was Waters (WAT, shares +2%) and the biggest sale Franklin Templeton (BEN, shares −41%).

Most Recent 13F
Q2 2026
Location
NEENAH, WI
CIK
0001033974
Portfolio Value
$1.3B (Q3 2024)
SEC Filing
0001033974-24-000006 ↗ filed Oct 18, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B $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 150 stocks · $1.3B
AAPL Apple Inc. 4.07% 218,804 $51.0M Add +1.5%
SYK Stryker Corp. 3.14% 108,909 $39.3M Add +1.3%
WAT Waters Corp. 3.09% 107,601 $38.7M Add +2.3%
ADBE Adobe Inc. 2.87% 69,578 $36.0M Add +4.5%
AXP American Express Co. 2.83% 130,719 $35.5M Add +0.5%
GOOG Alphabet Inc. Class C 2.79% 209,377 $35.0M Add +0.7%
BRK.B Berkshire Hathaway Inc. Class B 2.44% 66,454 $30.6M Add +2.1%
CSCO Cisco Systems Inc. 2.31% 543,935 $28.9M Add +0.9%
LIN Linde PLC 2.29% 60,259 $28.7M Add +1.4%
ORCL Oracle Corp. 2.29% 168,498 $28.7M Add +0.4%
AFL Aflac Inc. 2.17% 243,441 $27.2M Reduce -1.5%
PAYX Paychex Inc. 2.10% 195,811 $26.3M Add +0.8%
UNP Union Pacific Corp. 2.05% 104,334 $25.7M Add +0.4%
HD Home Depot Inc. 2.05% 63,348 $25.7M Add +0.8%
GOOGL Alphabet Inc. Class A 1.86% 140,550 $23.3M Add +2.7%
ADP Automatic Data Processing 1.86% 84,114 $23.3M Add +0.7%
AMD Advanced Micro Devices 1.82% 139,112 $22.8M Add +1.4%
IDXX Idexx Laboratories Inc. 1.66% 41,102 $20.8M Add +4.0%
WFC Wells Fargo & Co. 1.65% 366,327 $20.7M Add +2.4%
SYY Sysco Corp. 1.65% 264,228 $20.6M Add +2.0%
V Visa Inc. Class A 1.53% 69,754 $19.2M Add +0.7%
ABT Abbott Laboratories 1.53% 168,150 $19.2M Add +1.2%
INTU Intuit Inc. 1.53% 30,867 $19.2M Add +0.8%
CMCSA Comcast Corp. Class A 1.52% 457,005 $19.1M Add +1.5%
REGN Regeneron Pharmaceuticals 1.52% 18,114 $19.0M Add +1.1%
MSFT Microsoft Corp. 1.51% 43,936 $18.9M Add +0.2%
ADI Analog Devices Inc. 1.49% 81,224 $18.7M Add +1.1%
AME Ametek Inc. 1.44% 104,932 $18.0M Add +4.0%
ISRG Intuitive Surgical Inc. 1.36% 34,646 $17.0M Reduce -0.8%
KMB Kimberly-Clark Corp. 1.34% 117,597 $16.7M Add +0.9%
SBUX Starbucks Corp. 1.30% 167,670 $16.3M Add +1.4%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 1.29% 148,984 $16.2M Add +1.7%
CVX Chevron Corp. 1.28% 108,703 $16.0M Add +4.5%
JNJ Johnson & Johnson 1.26% 97,483 $15.8M Add +1.9%
SSNC Ss&c Technologies Holdings 1.17% 198,081 $14.7M Add +1.6%
USB US Bancorp 1.08% 296,831 $13.6M Add +1.0%
UBER Uber Technologies Inc. 1.05% 175,537 $13.2M Add +1.1%
PYPL PayPal Holdings Inc. 0.99% 159,656 $12.5M Add +2.2%
ECL Ecolab Inc. 0.99% 48,473 $12.4M Reduce -0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.96% 124,845 $12.0M Add +5.2%
MDT Medtronic PLC 0.91% 127,116 $11.4M Add +1.2%
TFC Truist Financial Corp. 0.90% 263,351 $11.3M Add +0.3%
MRK Merck & Co. Inc. 0.88% 97,140 $11.0M Reduce -0.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.86% 48,639 $10.8M Reduce -1.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.85% 253,225 $10.6M Add +8.1%
AMZN Amazon.com Inc. 0.82% 55,358 $10.3M Add +4.5%
NKE Nike Inc. Class B 0.81% 115,542 $10.2M Add +14.8%
INTC Intel Corp. 0.81% 433,573 $10.2M Add +6.0%
ALGN Align Technology Inc. 0.80% 39,265 $10.0M Add +2.2%
NVDA Nvidia Corp. 0.78% 80,550 $9.8M Reduce -6.9%
ENB Enbridge Inc. 0.77% 238,321 $9.7M Add +0.9%
ANSS Ansys Inc. 0.74% 29,112 $9.3M Reduce -1.5%
EVRG Evergy Inc. 0.69% 139,589 $8.7M Reduce -0.9%
GPN Global Payments Inc. 0.68% 82,749 $8.5M Reduce -1.4%
CP Canadian Pacific Kansas City 0.63% 91,704 $7.8M Add +3.0%
META Meta Platforms Inc. Class A 0.57% 12,533 $7.2M Reduce -1.3%
SLM SLM Corp. 0.56% 307,409 $7.0M Add +1.7%
AXON Axon Enterprise Inc. 0.55% 17,138 $6.8M Reduce -1.1%
GE General Electric filed as GE AEROSPACE 0.54% 36,148 $6.8M Add +4.0%
SPOT Spotify Technology SA 0.53% 18,091 $6.7M Add +4.5%
DEO Diageo PLC-Sponsored ADR 0.51% 45,292 $6.4M Add +4.0%
AMCR Amcor PLC 0.49% 544,540 $6.2M Reduce -3.2%
PFE Pfizer Inc. 0.46% 200,791 $5.8M Reduce -1.3%
IPGP Ipg Photonics Corp. 0.46% 76,752 $5.7M Add +10.1%
DUK Duke Energy Corp. 0.45% 49,383 $5.7M Reduce -2.1%
SO The Southern Co. 0.45% 62,906 $5.7M Add +1.1%
MRSH Marsh & McLennan Cos 0.43% 24,124 $5.4M Add +2.7%
OVV Ovintiv Inc. 0.43% 139,090 $5.3M Reduce -5.3%
ROK Rockwell Automation Inc. 0.41% 19,276 $5.2M Add +12.4%
KIM Kimco Realty Corp. 0.40% 214,726 $5.0M Add +0.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.35% 7,572 $4.3M Reduce -1.4%
BEN Franklin Templeton Inc. 0.34% 214,027 $4.3M Reduce -41.4%
PLTR Palantir Technologies Inc. Class A 0.34% 115,425 $4.3M Add +1028.8%
KO The Coca-Cola Co. 0.33% 58,275 $4.2M Reduce -0.8%
PAYC Paycom Software Inc. 0.33% 24,947 $4.2M Reduce -19.6%
BRK.A Berkshire Hathaway Inc. Class A 0.33% 6 $4.1M No change
PG The Procter & Gamble Co. 0.32% 23,143 $4.0M Add +3.0%
SRCL Stericycle Inc. 0.29% 60,102 $3.7M Add +1.6%
XOM Exxon Mobil Corp. 0.24% 25,466 $3.0M Reduce -3.6%
VRSN Verisign Inc. 0.22% 14,460 $2.7M Add +0.9%
COST Costco Wholesale Corp. 0.21% 3,024 $2.7M Add +0.2%
IWD iShares Russell 1000 Value E 0.21% 13,976 $2.7M No change
BKNG Booking Holdings Inc. 0.20% 605 $2.5M Reduce -0.3%
ASB Associated Banc-Corp. 0.19% 113,045 $2.4M Reduce -1.0%
ETSY Etsy Inc. 0.19% 43,142 $2.4M Add +1.2%
VFC VF Corp. 0.18% 114,370 $2.3M Reduce -3.5%
MTCH Match Group Inc. 0.17% 57,408 $2.2M Reduce -1.1%
FICO Fair Isaac Corp. 0.17% 1,074 $2.1M Reduce -0.3%
WBA Walgreens Boots Alliance Inc. 0.16% 224,214 $2.0M Reduce -5.1%
PEP Pepsico Inc. 0.16% 11,555 $2.0M Reduce -1.3%
PLXS Plexus Corp. 0.15% 13,346 $1.8M Add +62.6%
CWB SS SPDR BB Conv Sec ETF 0.12% 20,193 $1.5M No change
VTI VG Morningstar TS MKT ETF-US 0.11% 4,783 $1.4M Reduce -1.5%
O Realty Income Corp. 0.10% 20,420 $1.3M Reduce -1.8%
HQY Healthequity Inc. 0.10% 15,681 $1.3M Reduce -0.2%
GEV GE Vernova Inc. 0.09% 4,638 $1.2M Reduce -1.0%
GLD SPDR Gold Shares 0.09% 4,680 $1.1M Reduce -5.1%
ABBV Abbvie Inc. 0.09% 5,615 $1.1M No change
VWO Vanguard Ftse Emerging Marke 0.08% 20,373 $975K New
FAST Fastenal Co. 0.08% 13,468 $962K No change
VEEV Veeva Systems Inc. Class A 0.08% 4,519 $948K New
ANET Arista Networks Inc. 0.07% 2,400 $921K No change
LAMR Lamar Advertising Co. Class A 0.07% 6,606 $883K Add +73.4%
MOAT Vaneck Morningstar Wide Moat 0.07% 8,935 $866K Add +1.3%
TCAF T Rowe PRC Cap Appreciation 0.06% 24,053 $800K Add +12.6%
UHS Universal Health Services-B 0.06% 3,080 $705K No change
MCD McDonald's Corp. 0.05% 2,237 $681K No change
NIC Nicolet Bankshares Inc. 0.05% 6,379 $610K No change
AMGN Amgen Inc. 0.05% 1,869 $602K Add +73.2%
MA Mastercard Inc. Class A 0.05% 1,179 $582K No change
LOW Lowe's Cos Inc. 0.05% 2,133 $578K No change
WTFC Wintrust Financial Corp. 0.04% 5,157 $560K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.04% 4,502 $557K No change
PANW Palo Alto Networks Inc. 0.04% 1,560 $533K Add +30.0%
JPM JPMorgan Chase & Co. 0.04% 2,480 $523K No change
LLY Eli Lilly & Co. 0.04% 550 $487K Add +35.1%
WMT Walmart Inc. 0.04% 6,023 $486K Reduce -14.2%
TSCO Tractor Supply Company 0.04% 1,605 $467K No change
IJR iShares Core S&P Small-Cap E 0.04% 3,761 $440K No change
IEFA iShares Core MSCI Eafe ETF 0.03% 5,466 $427K No change
SEE Sealed Air Corp. 0.03% 11,686 $424K Reduce -8.4%
ESGV Vanguard ESG US Stock ETF 0.03% 4,146 $421K Add +10.4%
UNH Unitedhealth Group Inc. 0.03% 684 $400K Reduce -25.6%
MELI MercadoLibre Inc. 0.03% 194 $398K Add +6.6%
WEC WEC Energy Group Inc. 0.03% 4,131 $397K Add +7.9%
COP Conocophillips 0.03% 3,606 $380K No change
CL Colgate-Palmolive Co. 0.03% 3,600 $374K No change
VOO Vanguard S&P 500 ETF 0.03% 707 $373K No change
TSLA Tesla Inc. 0.03% 1,332 $348K Reduce -2.2%
CAT Caterpillar Inc. 0.03% 852 $333K No change
GEHC GE Healthcare Technology 0.03% 3,497 $328K Add +7.6%
GNTX Gentex Corp. 0.03% 10,905 $324K New
HUBB Hubbell Inc. 0.02% 692 $296K No change
SLV iShares Silver Trust 0.02% 10,373 $295K Reduce -0.9%
RTX RTX Corp. 0.02% 2,395 $290K No change
MMM 3M Co. 0.02% 2,028 $277K Reduce -25.7%
AMP Ameriprise Financial Inc. 0.02% 586 $275K No change
PM Philip Morris International 0.02% 2,170 $263K No change
VZ Verizon Communications Inc. 0.02% 5,821 $261K Reduce -8.8%
MO Altria Group Inc. 0.02% 4,762 $243K Add +0.0%
TRV The Travelers Cos Inc. 0.02% 1,000 $234K No change
TMO Thermo Fisher Scientific Inc. 0.02% 376 $233K No change
SIVR Abrdn Physical Silver Shares 0.02% 7,750 $231K No change
CEF Sprott Physical Gold and Sil 0.02% 9,325 $228K No change
LMT Lockheed Martin Corp. 0.02% 390 $228K New
TDVG T Rowe Price Dividend Growth 0.02% 5,340 $219K New
INDA iShares MSCI India ETF 0.02% 3,650 $214K No change
QQQ Invesco QQQ Trust Series 1 0.02% 433 $211K Reduce -46.4%
SHOP Shopify Inc. Class A 0.02% 2,590 $208K New
BGS B&G Foods Inc. 0.01% 14,810 $132K Reduce -6.3%

Portfolio Sells Q2 2024 → Q3 2024
BEN Franklin Templeton Inc. Reduce -41.4% 0.34% −0.36
OVV Ovintiv Inc. Reduce -5.3% 0.43% −0.17
MRK Merck & Co. Inc. Reduce -0.8% 0.88% −0.17
NVDA Nvidia Corp. Reduce -6.9% 0.78% −0.15
WBA Walgreens Boots Alliance Inc. Reduce -5.1% 0.16% −0.09
ANSS Ansys Inc. Reduce -1.5% 0.74% −0.08
PAYC Paycom Software Inc. Reduce -19.6% 0.33% −0.05
PFE Pfizer Inc. Reduce -1.3% 0.46% −0.03
GPN Global Payments Inc. Reduce -1.4% 0.68% −0.03
XOM Exxon Mobil Corp. Reduce -3.6% 0.24% −0.03
ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.02
SHEL Shell PLC-ADR Sold out 0.00% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -46.4% 0.02% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.4% 0.35% −0.02
ASB Associated Banc-Corp. Reduce -1.0% 0.19% −0.01
HQY Healthequity Inc. Reduce -0.2% 0.10% −0.01
ECL Ecolab Inc. Reduce -0.2% 0.99% −0.01
PEP Pepsico Inc. Reduce -1.3% 0.16% −0.01
UNH Unitedhealth Group Inc. Reduce -25.6% 0.03% −0.01
BKNG Booking Holdings Inc. Reduce -0.3% 0.20% −0.00
SEE Sealed Air Corp. Reduce -8.4% 0.03% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -1.5% 0.11% −0.00
WMT Walmart Inc. Reduce -14.2% 0.04% −0.00
MMM 3M Co. Reduce -25.7% 0.02% −0.00
VZ Verizon Communications Inc. Reduce -8.8% 0.02% −0.00
GLD SPDR Gold Shares Reduce -5.1% 0.09% −0.00
BGS B&G Foods Inc. Reduce -6.3% 0.01% −0.00
SLV iShares Silver Trust Reduce -0.9% 0.02% −0.00
TSLA Tesla Inc. Reduce -2.2% 0.03% +0.00
O Realty Income Corp. Reduce -1.8% 0.10% +0.01
KO The Coca-Cola Co. Reduce -0.8% 0.33% +0.01
ISRG Intuitive Surgical Inc. Reduce -0.8% 1.36% +0.01
AMCR Amcor PLC Reduce -3.2% 0.49% +0.02
DUK Duke Energy Corp. Reduce -2.1% 0.45% +0.02
META Meta Platforms Inc. Class A Reduce -1.3% 0.57% +0.02
MTCH Match Group Inc. Reduce -1.1% 0.17% +0.02
GEV GE Vernova Inc. Reduce -1.0% 0.09% +0.02
FICO Fair Isaac Corp. Reduce -0.3% 0.17% +0.03
VFC VF Corp. Reduce -3.5% 0.18% +0.04
EVRG Evergy Inc. Reduce -0.9% 0.69% +0.04
AXON Axon Enterprise Inc. Reduce -1.1% 0.55% +0.10
IBM Intl Business Machines Corp. Reduce -1.2% 0.86% +0.12
AFL Aflac Inc. Reduce -1.5% 2.17% +0.26

Portfolio Buys Q2 2024 → Q3 2024
WAT Waters Corp. Add +2.3% 3.09% +0.45
PLTR Palantir Technologies Inc. Class A Add +1028.8% 0.34% +0.32
ORCL Oracle Corp. Add +0.4% 2.29% +0.24
AXP American Express Co. Add +0.5% 2.83% +0.22
PYPL PayPal Holdings Inc. Add +2.2% 0.99% +0.21
SBUX Starbucks Corp. Add +1.4% 1.30% +0.19
HD Home Depot Inc. Add +0.8% 2.05% +0.17
NKE Nike Inc. Class B Add +14.8% 0.81% +0.16
BRK.B Berkshire Hathaway Inc. Class B Add +2.1% 2.44% +0.15
AAPL Apple Inc. Add +1.5% 4.07% +0.14
ADP Automatic Data Processing Add +0.7% 1.86% +0.13
SSNC Ss&c Technologies Holdings Add +1.6% 1.17% +0.11
PAYX Paychex Inc. Add +0.8% 2.10% +0.10
CSCO Cisco Systems Inc. Add +0.9% 2.31% +0.09
VWO Vanguard Ftse Emerging Marke New 0.08% +0.08
VEEV Veeva Systems Inc. Class A New 0.08% +0.08
USB US Bancorp Add +1.0% 1.08% +0.07
PLXS Plexus Corp. Add +62.6% 0.15% +0.07
GE General Electric Add +4.0% 0.54% +0.07
SPOT Spotify Technology SA Add +4.5% 0.53% +0.06
MDT Medtronic PLC Add +1.2% 0.91% +0.06
JNJ Johnson & Johnson Add +1.9% 1.26% +0.05
ENB Enbridge Inc. Add +0.9% 0.77% +0.04
SYY Sysco Corp. Add +2.0% 1.65% +0.04
KIM Kimco Realty Corp. Add +0.5% 0.40% +0.04
ABT Abbott Laboratories Add +1.2% 1.53% +0.03
SO The Southern Co. Add +1.1% 0.45% +0.03
LIN Linde PLC Add +1.4% 2.29% +0.03
DEO Diageo PLC-Sponsored ADR Add +4.0% 0.51% +0.03
LAMR Lamar Advertising Co. Class A Add +73.4% 0.07% +0.03
GNTX Gentex Corp. New 0.03% +0.03
AMGN Amgen Inc. Add +73.2% 0.05% +0.02
CP Canadian Pacific Kansas City Add +3.0% 0.63% +0.02
LMT Lockheed Martin Corp. New 0.02% +0.02
TDVG T Rowe Price Dividend Growth New 0.02% +0.02
SLM SLM Corp. Add +1.7% 0.56% +0.02
SHOP Shopify Inc. Class A New 0.02% +0.02
TFC Truist Financial Corp. Add +0.3% 0.90% +0.02
UNP Union Pacific Corp. Add +0.4% 2.05% +0.01
PANW Palo Alto Networks Inc. Add +30.0% 0.04% +0.01
LLY Eli Lilly & Co. Add +35.1% 0.04% +0.01
MELI MercadoLibre Inc. Add +6.6% 0.03% +0.01
TCAF T Rowe PRC Cap Appreciation Add +12.6% 0.06% +0.01
WEC WEC Energy Group Inc. Add +7.9% 0.03% +0.01
GEHC GE Healthcare Technology Add +7.6% 0.03% +0.00
ROK Rockwell Automation Inc. Add +12.4% 0.41% +0.00
MOAT Vaneck Morningstar Wide Moat Add +1.3% 0.07% +0.00
ESGV Vanguard ESG US Stock ETF Add +10.4% 0.03% +0.00
MO Altria Group Inc. Add +0.0% 0.02% +0.00
MRSH Marsh & McLennan Cos Add +2.7% 0.43% +0.00

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