Schaper Benz & Wise Investment Counsel Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 12, 2026), Schaper Benz & Wise Investment Counsel Inc. reported 154 stock positions worth $1.4 billion. Its top holding was Alphabet Class C (GOOG) at 4.0% of the portfolio, followed by Apple (AAPL, 4.0%) and American Express (AXP, 3.2%). Compared with Q3 2025, it opened 7 new positions, sold out of 5, added to 71 and reduced 52. The biggest buy was Intuitive Surgical (ISRG, shares +2%) and the biggest sale Oracle (ORCL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- NEENAH, WI
- CIK
- 0001033974
- Portfolio Value
- $1.4B (Q4 2025)
- SEC Filing
- 0001033974-26-000001 ↗ filed Jan 12, 2026
Holdings Value
Holdings 154 stocks · $1.4B
| GOOG Alphabet Inc. Class C | 4.05% | 178,553 | $56.0M | Reduce -5.6% |
| AAPL Apple Inc. | 3.95% | 201,226 | $54.7M | Reduce -0.3% |
| AXP American Express Co. | 3.15% | 117,894 | $43.6M | Reduce -2.3% |
| GOOGL Alphabet Inc. Class A | 3.01% | 133,285 | $41.7M | Reduce -2.4% |
| CSCO Cisco Systems Inc. | 2.89% | 518,511 | $39.9M | Reduce -0.3% |
| WAT Waters Corp. | 2.86% | 104,050 | $39.5M | Reduce -1.5% |
| SYK Stryker Corp. | 2.76% | 108,809 | $38.2M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.44% | 67,217 | $33.8M | Add +0.6% |
| IDXX Idexx Laboratories Inc. | 2.42% | 49,498 | $33.5M | Reduce -0.1% |
| WFC Wells Fargo & Co. | 2.35% | 348,448 | $32.5M | Reduce -0.6% |
| ORCL Oracle Corp. | 2.05% | 145,305 | $28.3M | Reduce -1.3% |
| AMD Advanced Micro Devices | 1.98% | 128,153 | $27.4M | Reduce -1.4% |
| LIN Linde PLC | 1.81% | 58,814 | $25.1M | Add +2.2% |
| ADBE Adobe Inc. | 1.75% | 69,236 | $24.2M | Add +0.5% |
| UNP Union Pacific Corp. | 1.71% | 102,004 | $23.6M | Reduce -0.9% |
| PLTR Palantir Technologies Inc. Class A | 1.67% | 130,012 | $23.1M | Add +0.3% |
| V Visa Inc. Class A | 1.64% | 64,793 | $22.7M | Add +0.3% |
| AFL Aflac Inc. | 1.62% | 202,999 | $22.4M | Reduce -4.4% |
| MSFT Microsoft Corp. | 1.61% | 46,071 | $22.3M | Add +1.9% |
| AME Ametek Inc. | 1.60% | 107,964 | $22.2M | Reduce -0.8% |
| PAYX Paychex Inc. | 1.59% | 195,639 | $21.9M | Add +5.5% |
| ADI Analog Devices Inc. | 1.54% | 78,779 | $21.4M | Add +0.4% |
| ADP Automatic Data Processing | 1.53% | 82,345 | $21.2M | Add +2.9% |
| ISRG Intuitive Surgical Inc. | 1.51% | 36,894 | $20.9M | Add +1.9% |
| INTU Intuit Inc. | 1.49% | 31,216 | $20.7M | Add +2.9% |
| HD Home Depot Inc. | 1.45% | 58,291 | $20.1M | Reduce -0.2% |
| JNJ Johnson & Johnson | 1.39% | 92,985 | $19.2M | Reduce -2.5% |
| SYY Sysco Corp. | 1.37% | 258,005 | $19.0M | Add +0.8% |
| ABT Abbott Laboratories | 1.36% | 149,720 | $18.8M | Add +0.4% |
| UBER Uber Technologies Inc. | 1.29% | 218,988 | $17.9M | Add +0.6% |
| SSNC Ss&c Technologies Holdings | 1.25% | 197,862 | $17.3M | Add +0.0% |
| CVX Chevron Corp. | 1.23% | 111,500 | $17.0M | Add +1.0% |
| REGN Regeneron Pharmaceuticals | 1.14% | 20,524 | $15.8M | Reduce -5.5% |
| AMZN Amazon.com Inc. | 1.12% | 67,261 | $15.5M | Add +8.3% |
| USB US Bancorp | 1.10% | 285,121 | $15.2M | Add +0.3% |
| SBUX Starbucks Corp. | 0.98% | 161,393 | $13.6M | Add +0.2% |
| INTC Intel Corp. | 0.97% | 362,673 | $13.4M | Reduce -0.9% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.96% | 129,857 | $13.3M | Add +0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.95% | 115,824 | $13.2M | Reduce -0.5% |
| TFC Truist Financial Corp. | 0.92% | 258,447 | $12.7M | Add +1.1% |
| NVDA Nvidia Corp. | 0.90% | 67,102 | $12.5M | Reduce -9.9% |
| ECL Ecolab Inc. | 0.90% | 47,477 | $12.5M | Add +1.2% |
| SPOT Spotify Technology SA | 0.88% | 20,894 | $12.1M | Add +2.4% |
| AXON Axon Enterprise Inc. | 0.86% | 20,912 | $11.9M | Add +11.1% |
| PYPL PayPal Holdings Inc. | 0.82% | 194,746 | $11.4M | Add +3.8% |
| ENB Enbridge Inc. | 0.81% | 233,571 | $11.2M | Add +0.5% |
| GE General Electric filed as GE AEROSPACE | 0.78% | 35,096 | $10.8M | Reduce -0.1% |
| KMB Kimberly-Clark Corp. | 0.76% | 104,688 | $10.6M | Reduce -4.1% |
| NKE Nike Inc. Class B | 0.75% | 162,644 | $10.4M | Add +5.1% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.74% | 265,411 | $10.2M | Add +0.7% |
| EVRG Evergy Inc. | 0.72% | 138,226 | $10.0M | Add +1.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.72% | 33,413 | $9.9M | Reduce -0.8% |
| MRK Merck & Co. Inc. | 0.69% | 91,060 | $9.6M | Reduce -1.6% |
| CMCSA Comcast Corp. Class A | 0.69% | 318,635 | $9.5M | Reduce -3.8% |
| MDT Medtronic PLC | 0.68% | 98,112 | $9.4M | Reduce -2.6% |
| AMCR Amcor PLC | 0.66% | 1,103,180 | $9.2M | Add +10.6% |
| ALGN Align Technology Inc. | 0.63% | 55,480 | $8.7M | Reduce -2.9% |
| META Meta Platforms Inc. Class A | 0.60% | 12,485 | $8.2M | Add +3.0% |
| ROK Rockwell Automation Inc. | 0.58% | 20,666 | $8.0M | Reduce -1.8% |
| SLM SLM Corp. | 0.56% | 285,094 | $7.7M | Add +0.2% |
| VEEV Veeva Systems Inc. Class A | 0.55% | 33,802 | $7.5M | Add +132.3% |
| IPGP Ipg Photonics Corp. | 0.50% | 96,604 | $6.9M | Add +14.2% |
| CP Canadian Pacific Kansas City | 0.48% | 90,475 | $6.7M | Add +0.5% |
| PAYC Paycom Software Inc. | 0.48% | 41,381 | $6.6M | Add +67.4% |
| GPN Global Payments Inc. | 0.44% | 79,267 | $6.1M | Reduce -6.5% |
| DUK Duke Energy Corp. | 0.42% | 49,406 | $5.8M | Add +2.2% |
| DEO Diageo PLC-Sponsored ADR | 0.40% | 64,561 | $5.6M | Add +6.0% |
| SO The Southern Co. | 0.40% | 63,310 | $5.5M | Add +0.5% |
| BEN Franklin Templeton Inc. | 0.36% | 211,400 | $5.1M | Add +1.7% |
| PFE Pfizer Inc. | 0.36% | 202,105 | $5.0M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.35% | 7,194 | $4.9M | Add +1.5% |
| MRSH Marsh & McLennan Cos | 0.35% | 25,967 | $4.8M | Add +1.2% |
| VWO Vanguard Ftse Emerging Marke | 0.32% | 82,194 | $4.4M | Add +36.5% |
| KO The Coca-Cola Co. | 0.29% | 58,258 | $4.1M | Add +3.6% |
| COST Costco Wholesale Corp. | 0.29% | 4,713 | $4.1M | Add +19.3% |
| OVV Ovintiv Inc. | 0.28% | 100,063 | $3.9M | Reduce -2.3% |
| KIM Kimco Realty Corp. | 0.27% | 186,963 | $3.8M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 0.26% | 25,188 | $3.6M | Add +11.8% |
| ARM Arm Holdings PLC-ADR | 0.26% | 32,624 | $3.6M | Add +252.2% |
| VRSN Verisign Inc. | 0.26% | 14,606 | $3.5M | Add +1.0% |
| BKNG Booking Holdings Inc. | 0.23% | 599 | $3.2M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.22% | 4 | $3.0M | No change |
| XOM Exxon Mobil Corp. | 0.22% | 24,909 | $3.0M | No change |
| IWD iShares Russell 1000 Value E | 0.21% | 13,705 | $2.9M | Reduce -1.9% |
| ASB Associated Banc-Corp. | 0.21% | 111,870 | $2.9M | Reduce -1.8% |
| AVGO Broadcom Inc. | 0.20% | 8,178 | $2.8M | New |
| SNPS Synopsys Inc. | 0.20% | 5,971 | $2.8M | Reduce -21.3% |
| TDY Teledyne Technologies Inc. | 0.19% | 5,170 | $2.6M | Add +321.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 7,302 | $2.4M | Reduce -6.8% |
| HOOD Robinhood Markets Inc. Class A | 0.17% | 21,376 | $2.4M | Add +31.6% |
| GLD SPDR Gold Shares | 0.15% | 5,313 | $2.1M | Add +11.7% |
| LAMR Lamar Advertising Co. Class A | 0.15% | 16,284 | $2.1M | Add +26.2% |
| VFC VF Corp. | 0.14% | 105,920 | $1.9M | Reduce -1.9% |
| PEP Pepsico Inc. | 0.13% | 12,713 | $1.8M | Reduce -0.7% |
| FICO Fair Isaac Corp. | 0.13% | 1,069 | $1.8M | No change |
| ETSY Etsy Inc. | 0.12% | 30,773 | $1.7M | Reduce -27.5% |
| CWB SS SPDR BB Conv Sec ETF | 0.12% | 18,743 | $1.7M | No change |
| O Realty Income Corp. | 0.11% | 27,343 | $1.5M | Add +13.0% |
| HQY Healthequity Inc. | 0.10% | 14,784 | $1.4M | Reduce -5.2% |
| MTCH Match Group Inc. | 0.10% | 40,873 | $1.3M | Reduce -7.0% |
Portfolio Sells Q3 2025 → Q4 2025
| ORCL Oracle Corp. | Reduce -1.3% | 2.05% | −1.03 |
| HD Home Depot Inc. | Reduce -0.2% | 1.45% | −0.31 |
| KMB Kimberly-Clark Corp. | Reduce -4.1% | 0.76% | −0.25 |
| AFL Aflac Inc. | Reduce -4.4% | 1.62% | −0.15 |
| NVDA Nvidia Corp. | Reduce -9.9% | 0.90% | −0.13 |
| UNP Union Pacific Corp. | Reduce -0.9% | 1.71% | −0.11 |
| ETSY Etsy Inc. | Reduce -27.5% | 0.12% | −0.09 |
| CMCSA Comcast Corp. Class A | Reduce -3.8% | 0.69% | −0.09 |
| GPN Global Payments Inc. | Reduce -6.5% | 0.44% | −0.08 |
| SNPS Synopsys Inc. | Reduce -21.3% | 0.20% | −0.08 |
| DIS The Walt Disney Co. | Reduce -0.5% | 0.95% | −0.04 |
| MDT Medtronic PLC | Reduce -2.6% | 0.68% | −0.03 |
| KIM Kimco Realty Corp. | Reduce -0.3% | 0.27% | −0.03 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.03 |
| OVV Ovintiv Inc. | Reduce -2.3% | 0.28% | −0.02 |
| PFE Pfizer Inc. | Reduce -1.3% | 0.36% | −0.02 |
| COP Conocophillips | Sold out | 0.00% | −0.02 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.02 |
| ABBV Abbvie Inc. | Reduce -18.1% | 0.07% | −0.02 |
| MTCH Match Group Inc. | Reduce -7.0% | 0.10% | −0.02 |
| MMM 3M Co. | Sold out | 0.00% | −0.02 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.8% | 0.18% | −0.01 |
| HQY Healthequity Inc. | Reduce -5.2% | 0.10% | −0.01 |
| PLXS Plexus Corp. | Reduce -8.8% | 0.09% | −0.01 |
| ASB Associated Banc-Corp. | Reduce -1.8% | 0.21% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -23.9% | 0.03% | −0.01 |
| MO Altria Group Inc. | Reduce -14.8% | 0.02% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -15.1% | 0.02% | −0.01 |
| GE General Electric | Reduce -0.1% | 0.78% | −0.01 |
| WTFC Wintrust Financial Corp. | Reduce -14.3% | 0.03% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -1.9% | 0.21% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -3.9% | 0.04% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -10.3% | 0.02% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.7% | 0.13% | −0.00 |
| OSK Oshkosh Corp. | Reduce -0.1% | 0.03% | −0.00 |
| AMGN Amgen Inc. | Reduce -13.6% | 0.03% | −0.00 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -0.8% | 0.02% | +0.00 |
| WMT Walmart Inc. | Reduce -1.9% | 0.04% | +0.00 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 0.72% | +0.01 |
| VFC VF Corp. | Reduce -1.9% | 0.14% | +0.02 |
| ROK Rockwell Automation Inc. | Reduce -1.8% | 0.58% | +0.03 |
| INTC Intel Corp. | Reduce -0.9% | 0.97% | +0.05 |
| IDXX Idexx Laboratories Inc. | Reduce -0.1% | 2.42% | +0.07 |
| JNJ Johnson & Johnson | Reduce -2.5% | 1.39% | +0.07 |
| AME Ametek Inc. | Reduce -0.8% | 1.60% | +0.08 |
| ALGN Align Technology Inc. | Reduce -2.9% | 0.63% | +0.09 |
| MRK Merck & Co. Inc. | Reduce -1.6% | 0.69% | +0.11 |
| AAPL Apple Inc. | Reduce -0.3% | 3.95% | +0.13 |
| WFC Wells Fargo & Co. | Reduce -0.6% | 2.35% | +0.16 |
Portfolio Buys Q3 2025 → Q4 2025
| ISRG Intuitive Surgical Inc. | Add +1.9% | 1.51% | +0.31 |
| VEEV Veeva Systems Inc. Class A | Add +132.3% | 0.55% | +0.22 |
| AVGO Broadcom Inc. | New | 0.20% | +0.20 |
| ARM Arm Holdings PLC-ADR | Add +252.2% | 0.26% | +0.16 |
| TDY Teledyne Technologies Inc. | Add +321.0% | 0.19% | +0.14 |
| ADI Analog Devices Inc. | Add +0.4% | 1.54% | +0.11 |
| AMZN Amazon.com Inc. | Add +8.3% | 1.12% | +0.11 |
| PAYC Paycom Software Inc. | Add +67.4% | 0.48% | +0.09 |
| USB US Bancorp | Add +0.3% | 1.10% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | Add +36.5% | 0.32% | +0.08 |
| GRMN Garmin Ltd. | New | 0.07% | +0.07 |
| SLB SLB Ltd. | Add +0.7% | 0.74% | +0.06 |
| AMCR Amcor PLC | Add +10.6% | 0.66% | +0.06 |
| TFC Truist Financial Corp. | Add +1.1% | 0.92% | +0.05 |
| LAMR Lamar Advertising Co. Class A | Add +26.2% | 0.15% | +0.03 |
| SIVR Abrdn Physical Silver Shares | Add +49.0% | 0.06% | +0.03 |
| GLD SPDR Gold Shares | Add +11.7% | 0.15% | +0.03 |
| SLV iShares Silver Trust | Add +5.9% | 0.07% | +0.03 |
| LLY Eli Lilly & Co. | New | 0.02% | +0.02 |
| EXAS Exact Sciences Corp. | New | 0.02% | +0.02 |
| COST Costco Wholesale Corp. | Add +19.3% | 0.29% | +0.02 |
| CEF Sprott Physical Gold and Sil | Add +51.5% | 0.05% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +44.1% | 0.06% | +0.02 |
| KO The Coca-Cola Co. | Add +3.6% | 0.29% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +26.4% | 0.07% | +0.02 |
| MCK McKesson Corp. | New | 0.01% | +0.01 |
| EMR Emerson Electric Co. | New | 0.01% | +0.01 |
| GDX Vaneck Gold Miners ETF | Add +21.8% | 0.03% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | Add +10.3% | 0.09% | +0.01 |
| INDV Indivior Ltd. | Add +0.0% | 0.03% | +0.01 |
| BEN Franklin Templeton Inc. | Add +1.7% | 0.36% | +0.01 |
| TCAF T Rowe PRC Cap Appreciation | Add +8.9% | 0.09% | +0.01 |
| CAT Caterpillar Inc. | Add +0.3% | 0.03% | +0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +12.9% | 0.03% | +0.00 |
| PG The Procter & Gamble Co. | Add +11.8% | 0.26% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.5% | 0.35% | +0.00 |
| WEC WEC Energy Group Inc. | Add +19.8% | 0.04% | +0.00 |
| V Visa Inc. Class A | Add +0.3% | 1.64% | +0.00 |
| TDVG T Rowe Price Dividend Growth | Add +4.7% | 0.06% | +0.00 |
| O Realty Income Corp. | Add +13.0% | 0.11% | +0.00 |
| HOOD Robinhood Markets Inc. Class A | Add +31.6% | 0.17% | +0.00 |
| GEHC GE Healthcare Technology | Add +3.7% | 0.02% | +0.00 |
| IPGP Ipg Photonics Corp. | Add +14.2% | 0.50% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.9% | 0.03% | −0.00 |
| TSLA Tesla Inc. | Add +0.1% | 0.07% | −0.00 |
| PANW Palo Alto Networks Inc. | Add +0.1% | 0.04% | −0.01 |
| CP Canadian Pacific Kansas City | Add +0.5% | 0.48% | −0.02 |
| DUK Duke Energy Corp. | Add +2.2% | 0.42% | −0.03 |
| TROW T Rowe Price Group Inc. | Add +0.3% | 0.96% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 160 | $1.5B | AMD, GOOG, CSCO, AAPL, GOOGL |
| Q1 2026 | 158 | $1.3B | AAPL, GOOG, CSCO, GOOGL, SYK |
| Q4 2025 | 154 | $1.4B | GOOG, AAPL, AXP, GOOGL, CSCO |
| Q3 2025 | 152 | $1.3B | AAPL, GOOG, ORCL, AXP, SYK |
| Q2 2025 | 153 | $1.3B | AAPL, SYK, AXP, WAT, CSCO |
| Q1 2025 | 149 | $1.2B | AAPL, SYK, WAT, BRK.B, AXP |
| Q4 2024 | 149 | $1.2B | AAPL, WAT, SYK, GOOG, AXP |
| Q3 2024 | 150 | $1.3B | AAPL, SYK, WAT, ADBE, AXP |
| Q2 2024 | 146 | $1.2B | AAPL, GOOG, ADBE, SYK, WAT |
| Q1 2024 | 143 | $1.2B | SYK, AAPL, WAT, ADBE, GOOG |