Schaper Benz & Wise Investment Counsel Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 28, 2026), Schaper Benz & Wise Investment Counsel Inc. reported 158 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 3.8% of the portfolio, followed by Alphabet Class C (GOOG, 3.7%) and Cisco Systems (CSCO, 3.0%). Compared with Q4 2025, it opened 7 new positions, sold out of 4, added to 67 and reduced 62. The biggest buy was Ipg Photonics (IPGP, shares +0%) and the biggest sale American Express (AXP, shares −1%).

Most Recent 13F
Q2 2026
Location
NEENAH, WI
CIK
0001033974
Portfolio Value
$1.3B (Q1 2026)
SEC Filing
0001033974-26-000002 ↗ filed Apr 28, 2026

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 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 $1.3B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 158 stocks · $1.3B

AAPL Apple Inc. 3.84% 197,962 $50.2M Reduce -1.6%
GOOG Alphabet Inc. Class C 3.73% 170,324 $48.9M Reduce -4.6%
CSCO Cisco Systems Inc. 3.04% 511,861 $39.7M Reduce -1.3%
GOOGL Alphabet Inc. Class A 2.86% 130,076 $37.4M Reduce -2.4%
SYK Stryker Corp. 2.77% 110,160 $36.2M Add +1.2%
AXP American Express Co. 2.69% 116,255 $35.2M Reduce -1.4%
BRK.B Berkshire Hathaway Inc. Class B 2.50% 68,287 $32.7M Add +1.6%
WAT Waters Corp. 2.38% 104,675 $31.2M Add +0.6%
LIN Linde PLC 2.22% 58,563 $29.0M Reduce -0.4%
WFC Wells Fargo & Co. 2.11% 346,986 $27.6M Reduce -0.4%
IDXX Idexx Laboratories Inc. 2.11% 49,145 $27.6M Reduce -0.7%
AMD Advanced Micro Devices 1.97% 126,581 $25.8M Reduce -1.2%
UNP Union Pacific Corp. 1.88% 101,347 $24.6M Reduce -0.6%
ADI Analog Devices Inc. 1.88% 77,157 $24.5M Reduce -2.1%
AME Ametek Inc. 1.78% 108,479 $23.3M Add +0.5%
CVX Chevron Corp. 1.76% 111,436 $23.1M Reduce -0.1%
JNJ Johnson & Johnson 1.69% 90,576 $22.1M Reduce -2.6%
AFL Aflac Inc. 1.68% 199,783 $21.9M Reduce -1.6%
ORCL Oracle Corp. 1.61% 143,393 $21.1M Reduce -1.3%
V Visa Inc. Class A 1.53% 66,334 $20.0M Add +2.4%
HD Home Depot Inc. 1.50% 59,581 $19.6M Add +2.2%
PAYX Paychex Inc. 1.47% 208,140 $19.2M Add +6.4%
PLTR Palantir Technologies Inc. Class A 1.46% 130,901 $19.1M Add +0.7%
SYY Sysco Corp. 1.39% 255,591 $18.2M Reduce -0.9%
MSFT Microsoft Corp. 1.36% 47,978 $17.8M Add +4.1%
ADP Automatic Data Processing 1.34% 86,248 $17.5M Add +4.7%
ISRG Intuitive Surgical Inc. 1.33% 37,729 $17.4M Add +2.3%
ADBE Adobe Inc. 1.29% 69,669 $16.9M Add +0.6%
UBER Uber Technologies Inc. 1.24% 225,456 $16.2M Add +3.0%
ABT Abbott Laboratories 1.20% 152,420 $15.6M Add +1.8%
INTU Intuit Inc. 1.19% 36,095 $15.6M Add +15.6%
REGN Regeneron Pharmaceuticals 1.17% 19,849 $15.3M Reduce -3.3%
INTC Intel Corp. 1.13% 334,027 $14.7M Reduce -7.9%
USB US Bancorp 1.13% 283,312 $14.7M Reduce -0.6%
AMZN Amazon.com Inc. 1.10% 69,217 $14.4M Add +2.9%
SBUX Starbucks Corp. 1.08% 157,239 $14.1M Reduce -2.6%
SSNC Ss&c Technologies Holdings 1.06% 204,673 $13.8M Add +3.4%
SLB SLB Ltd. filed as SLB LIMITED 1.04% 264,767 $13.6M Reduce -0.2%
ENB Enbridge Inc. 0.98% 236,707 $12.8M Add +1.3%
ECL Ecolab Inc. 0.96% 46,988 $12.5M Reduce -1.0%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.92% 132,841 $12.0M Add +2.3%
TFC Truist Financial Corp. 0.92% 260,448 $12.0M Add +0.8%
NVDA Nvidia Corp. 0.87% 65,577 $11.4M Reduce -2.3%
EVRG Evergy Inc. 0.86% 137,424 $11.3M Reduce -0.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.85% 115,083 $11.1M Reduce -0.6%
IPGP Ipg Photonics Corp. 0.85% 96,662 $11.1M Add +0.1%
VEEV Veeva Systems Inc. Class A 0.84% 62,674 $11.0M Add +85.4%
GE General Electric filed as GE AEROSPACE 0.83% 38,479 $10.9M Add +9.6%
SPOT Spotify Technology SA 0.81% 21,946 $10.6M Add +5.0%
MRK Merck & Co. Inc. 0.76% 82,835 $10.0M Reduce -9.0%
KMB Kimberly-Clark Corp. 0.75% 101,232 $9.8M Reduce -3.3%
ALGN Align Technology Inc. 0.74% 56,416 $9.7M Add +1.7%
PYPL PayPal Holdings Inc. 0.73% 210,415 $9.5M Add +8.1%
AXON Axon Enterprise Inc. 0.72% 22,322 $9.5M Add +6.7%
AMCR Amcor PLC 0.71% 234,324 $9.3M Add +6.2%
NKE Nike Inc. Class B 0.70% 173,191 $9.1M Add +6.5%
CMCSA Comcast Corp. Class A 0.69% 312,985 $9.0M Reduce -1.8%
MDT Medtronic PLC 0.62% 92,949 $8.1M Reduce -5.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.61% 33,191 $8.0M Reduce -0.7%
ROK Rockwell Automation Inc. 0.57% 20,618 $7.4M Reduce -0.2%
CP Canadian Pacific Kansas City 0.55% 92,200 $7.3M Add +1.9%
META Meta Platforms Inc. Class A 0.55% 12,503 $7.2M Add +0.1%
DUK Duke Energy Corp. 0.52% 51,841 $6.8M Add +4.9%
PAYC Paycom Software Inc. 0.51% 55,216 $6.7M Add +33.4%
SLM SLM Corp. 0.47% 290,069 $6.2M Add +1.8%
SO The Southern Co. 0.47% 64,221 $6.2M Add +1.4%
ARM Arm Holdings PLC-ADR 0.43% 37,603 $5.7M Add +15.3%
OVV Ovintiv Inc. 0.43% 95,326 $5.7M Reduce -4.7%
PFE Pfizer Inc. 0.43% 198,200 $5.6M Reduce -1.9%
GPN Global Payments Inc. 0.41% 79,531 $5.4M Add +0.3%
DEO Diageo PLC-Sponsored ADR 0.41% 71,233 $5.3M Add +10.3%
VWO Vanguard Ftse Emerging Marke 0.40% 96,989 $5.2M Add +18.0%
BEN Franklin Templeton Inc. 0.38% 210,415 $5.0M Reduce -0.5%
MRSH Marsh & McLennan Cos 0.37% 27,736 $4.8M Add +6.8%
COST Costco Wholesale Corp. 0.36% 4,757 $4.7M Add +0.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.35% 7,093 $4.6M Reduce -1.4%
KO The Coca-Cola Co. 0.33% 57,592 $4.4M Reduce -1.1%
KIM Kimco Realty Corp. 0.32% 185,150 $4.2M Reduce -1.0%
XOM Exxon Mobil Corp. 0.31% 24,122 $4.1M Reduce -3.2%
PG The Procter & Gamble Co. 0.31% 27,793 $4.0M Add +10.3%
VRSN Verisign Inc. 0.28% 14,989 $3.7M Add +2.6%
AVGO Broadcom Inc. 0.26% 10,849 $3.4M Add +32.7%
TDY Teledyne Technologies Inc. 0.25% 5,408 $3.3M Add +4.6%
BRK.A Berkshire Hathaway Inc. Class A 0.22% 4 $2.9M No change
ASB Associated Banc-Corp. 0.22% 109,449 $2.8M Reduce -2.2%
HOOD Robinhood Markets Inc. Class A 0.22% 40,712 $2.8M Add +90.5%
IWD iShares Russell 1000 Value E 0.20% 12,555 $2.7M Reduce -8.4%
BKNG Booking Holdings Inc. 0.19% 599 $2.5M No change
GLD SPDR Gold Shares 0.17% 5,213 $2.2M Reduce -1.9%
SNPS Synopsys Inc. 0.17% 5,587 $2.2M Reduce -6.4%
VTI VG Morningstar TS MKT ETF-US 0.16% 6,568 $2.1M Reduce -10.1%
LAMR Lamar Advertising Co. Class A 0.16% 16,372 $2.1M Add +0.5%
PEP Pepsico Inc. 0.15% 12,348 $1.9M Reduce -2.9%
VFC VF Corp. 0.14% 105,430 $1.8M Reduce -0.5%
CWB SS SPDR BB Conv Sec ETF 0.13% 18,743 $1.7M No change
PLXS Plexus Corp. 0.13% 8,174 $1.7M Reduce -1.0%
O Realty Income Corp. 0.12% 26,469 $1.6M Reduce -3.2%
ETSY Etsy Inc. 0.11% 29,451 $1.5M Reduce -4.3%
HQY Healthequity Inc. 0.09% 14,784 $1.2M No change
MTCH Match Group Inc. 0.09% 40,028 $1.2M Reduce -2.1%

Show all 158 holdings

Portfolio Sells Q4 2025 → Q1 2026

AXP American Express Co. Reduce -1.4% 2.69% −0.46
ORCL Oracle Corp. Reduce -1.3% 1.61% −0.43
GOOG Alphabet Inc. Class C Reduce -4.6% 3.73% −0.32
IDXX Idexx Laboratories Inc. Reduce -0.7% 2.11% −0.31
WFC Wells Fargo & Co. Reduce -0.4% 2.11% −0.24
GOOGL Alphabet Inc. Class A Reduce -2.4% 2.86% −0.16
AAPL Apple Inc. Reduce -1.6% 3.84% −0.11
DIS The Walt Disney Co. Reduce -0.6% 0.85% −0.10
IBM Intl Business Machines Corp. Reduce -0.7% 0.61% −0.10
MDT Medtronic PLC Reduce -5.3% 0.62% −0.07
SNPS Synopsys Inc. Reduce -6.4% 0.17% −0.03
NVDA Nvidia Corp. Reduce -2.3% 0.87% −0.03
WTFC Wintrust Financial Corp. Sold out 0.00% −0.03
EXAS Exact Sciences Corp. Sold out 0.00% −0.02
KMB Kimberly-Clark Corp. Reduce -3.3% 0.75% −0.02
SCHG Schwab US Large-Cap Growth Sold out 0.00% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -10.1% 0.16% −0.02
ROK Rockwell Automation Inc. Reduce -0.2% 0.57% −0.02
AMD Advanced Micro Devices Reduce -1.2% 1.97% −0.02
EMR Emerson Electric Co. Sold out 0.00% −0.01
VSNT Versant Media Group Inc. Reduce -41.2% 0.02% −0.01
ETSY Etsy Inc. Reduce -4.3% 0.11% −0.01
SHOP Shopify Inc. Class A Reduce -1.4% 0.02% −0.01
VXUS Vanguard Total Intl Stock Reduce -30.6% 0.02% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -7.6% 0.03% −0.00
IWD iShares Russell 1000 Value E Reduce -8.4% 0.20% −0.00
VOO Vanguard S&P 500 ETF Reduce -4.3% 0.06% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.4% 0.35% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -8.1% 0.02% −0.00
CMCSA Comcast Corp. Class A Reduce -1.8% 0.69% −0.00
VFC VF Corp. Reduce -0.5% 0.14% −0.00
MTCH Match Group Inc. Reduce -2.1% 0.09% −0.00
TCAF T Rowe PRC Cap Appreciation Reduce -0.1% 0.09% −0.00
TDVG T Rowe Price Dividend Growth Reduce -6.1% 0.05% −0.00
TJX TJX Companies Inc. Reduce -2.5% 0.02% +0.00
SHEL Shell PLC-ADR Reduce -13.5% 0.02% +0.00
PM Philip Morris International Reduce -1.1% 0.04% +0.00
ASML ASML Holding NV-NY Reg SHS Reduce -3.5% 0.02% +0.00
WEC WEC Energy Group Inc. Reduce -1.0% 0.04% +0.01
ASB Associated Banc-Corp. Reduce -2.2% 0.22% +0.01
O Realty Income Corp. Reduce -3.2% 0.12% +0.01
PEP Pepsico Inc. Reduce -2.9% 0.15% +0.01
BEN Franklin Templeton Inc. Reduce -0.5% 0.38% +0.01
GLD SPDR Gold Shares Reduce -1.9% 0.17% +0.02
SYY Sysco Corp. Reduce -0.9% 1.39% +0.02
USB US Bancorp Reduce -0.6% 1.13% +0.03
REGN Regeneron Pharmaceuticals Reduce -3.3% 1.17% +0.03
PLXS Plexus Corp. Reduce -1.0% 0.13% +0.04
KO The Coca-Cola Co. Reduce -1.1% 0.33% +0.04
KIM Kimco Realty Corp. Reduce -1.0% 0.32% +0.04

Portfolio Buys Q4 2025 → Q1 2026

IPGP Ipg Photonics Corp. Add +0.1% 0.85% +0.35
VEEV Veeva Systems Inc. Class A Add +85.4% 0.84% +0.30
ARM Arm Holdings PLC-ADR Add +15.3% 0.43% +0.18
AME Ametek Inc. Add +0.5% 1.78% +0.18
ENB Enbridge Inc. Add +1.3% 0.98% +0.17
ALGN Align Technology Inc. Add +1.7% 0.74% +0.11
DUK Duke Energy Corp. Add +4.9% 0.52% +0.10
VWO Vanguard Ftse Emerging Marke Add +18.0% 0.40% +0.08
SO The Southern Co. Add +1.4% 0.47% +0.07
CP Canadian Pacific Kansas City Add +1.9% 0.55% +0.07
COST Costco Wholesale Corp. Add +0.9% 0.36% +0.07
TDY Teledyne Technologies Inc. Add +4.6% 0.25% +0.06
BRK.B Berkshire Hathaway Inc. Class B Add +1.6% 2.50% +0.06
GE General Electric Add +9.6% 0.83% +0.05
AVGO Broadcom Inc. Add +32.7% 0.26% +0.05
HD Home Depot Inc. Add +2.2% 1.50% +0.05
AMCR Amcor PLC Add +6.2% 0.71% +0.05
PG The Procter & Gamble Co. Add +10.3% 0.31% +0.05
HOOD Robinhood Markets Inc. Class A Add +90.5% 0.22% +0.04
PAYC Paycom Software Inc. Add +33.4% 0.51% +0.04
VRSN Verisign Inc. Add +2.6% 0.28% +0.03
SIVR Abrdn Physical Silver Shares Add +28.8% 0.08% +0.02
IVV iShares Core S&P 500 ETF New 0.02% +0.02
COP Conocophillips New 0.02% +0.02
IAU iShares Gold Trust New 0.02% +0.02
VEA Vanguard Ftse Developed ETF Add +19.5% 0.09% +0.02
GLTR Abrdn Precious Metals Basket Add +50.0% 0.05% +0.02
MRSH Marsh & McLennan Cos Add +6.8% 0.37% +0.02
VZ Verizon Communications Inc. New 0.02% +0.02
CDNS Cadence Design SYS Inc. New 0.02% +0.02
GRMN Garmin Ltd. Add +2.8% 0.09% +0.02
GEV GE Vernova Inc. New 0.02% +0.02
SCHD Schwab US DVD Equity ETF New 0.02% +0.02
GDX Vaneck Gold Miners ETF Add +21.9% 0.05% +0.01
FNDX Schwab Fndmntl US LRG Co. ETF Add +21.0% 0.04% +0.01
LAMR Lamar Advertising Co. Class A Add +0.5% 0.16% +0.01
WMT Walmart Inc. Add +2.1% 0.05% +0.01
TSLA Tesla Inc. Add +24.2% 0.08% +0.01
AMGN Amgen Inc. Add +7.2% 0.03% +0.01
MCD McDonald's Corp. Add +1.3% 0.05% +0.00
MO Altria Group Inc. Add +0.0% 0.02% +0.00
IJR iShares Core S&P Small-Cap E Add +1.1% 0.04% +0.00
JPM JPMorgan Chase & Co. Add +11.1% 0.05% +0.00
DEO Diageo PLC-Sponsored ADR Add +10.3% 0.41% +0.00
SYK Stryker Corp. Add +1.2% 2.77% +0.00
ABBV Abbvie Inc. Add +1.4% 0.08% +0.00
MOAT Vaneck Morningstar Wide Moat Add +7.6% 0.02% +0.00
GEHC GE Healthcare Technology Add +13.6% 0.02% +0.00
VIG Vanguard Dividend Apprec ETF Add +0.1% 0.02% +0.00
ESGV Vanguard ESG US Stock ETF Add +0.8% 0.09% −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