Woodley Farra Manion Portfolio Management Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Woodley Farra Manion Portfolio Management Inc. reported 104 stock positions worth $1.8 billion. Its top holding was Microsoft (MSFT) at 4.7% of the portfolio, followed by Progressive (PGR, 4.6%) and Broadcom (AVGO, 4.6%). Compared with Q4 2023, it opened 11 new positions, sold out of 7, added to 22 and reduced 66. The biggest buy was a new position in Hershey (HSY) and the biggest sale Pepsico (PEP, shares −90%).

Most Recent 13F
Q2 2026
Location
INDIANAPOLIS, IN
CIK
0001165805
Portfolio Value
$1.8B (Q1 2024)
SEC Filing
0001085146-24-002391 ↗ filed May 10, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.8B $1.8B Q1 2024 Q2 2024: $1.8B Q2 2024 Q3 2024: $2.0B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $2.1B Q2 2025 Q3 2025: $2.1B Q3 2025 Q4 2025: $2.1B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $2.1B Q2 2026

Holdings 104 stocks · $1.8B
MSFT Microsoft Corp. 4.70% 202,765 $85.3M Reduce -3.2%
PGR Progressive Corp. 4.64% 407,316 $84.2M Reduce -2.8%
AVGO Broadcom Inc. 4.62% 63,348 $84.0M Reduce -3.7%
FISV Fiserv Inc. 4.16% 472,659 $75.5M Reduce -1.1%
SGOV iShares 0-3 Month Treasury B 3.87% 698,604 $70.4M Reduce -12.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 3.75% 272,117 $68.0M Reduce -1.0%
GOOGL Alphabet Inc. Class A 3.67% 442,093 $66.7M Add +0.5%
MSI Motorola Solutions Inc. 3.64% 185,674 $66.1M Reduce -14.0%
CRL Charles River Laboratories 3.63% 243,160 $65.9M Add +129.3%
HON Honeywell International Inc. 3.57% 315,970 $64.9M Add +21.0%
HD Home Depot Inc. 3.46% 163,977 $62.9M Add +0.9%
ACN Accenture PLC Class A 3.33% 174,330 $60.4M Add +0.6%
DRI Darden Restaurants Inc. 3.33% 361,448 $60.4M Add +1.8%
HSY The Hershey Co. 3.29% 307,702 $59.8M New
DOV Dover Corp. 3.29% 336,975 $59.7M Add +1.3%
ICE Intercontinental Exchange Inc. 3.20% 422,805 $58.1M Add +0.7%
MS Morgan Stanley 3.15% 608,511 $57.3M Add +2.8%
ELV Elevance Health Inc. 3.01% 105,531 $54.7M Add +3.6%
DHR Danaher Corp. 3.01% 218,458 $54.6M Add +4.2%
UNH Unitedhealth Group Inc. 2.80% 102,948 $50.9M Add +2.4%
SYK Stryker Corp. 2.70% 136,696 $49.0M Reduce -27.8%
EOG EOG Resources Inc. 2.15% 305,117 $39.0M Reduce -0.3%
HLI Houlihan Lokey Inc. 2.10% 297,585 $38.1M Reduce -0.7%
CB Chubb Ltd. 1.93% 134,843 $35.1M Add +1.1%
CVX Chevron Corp. 1.83% 210,623 $33.2M Add +1.6%
JNJ Johnson & Johnson 1.76% 202,506 $32.0M Reduce -16.4%
ADP Automatic Data Processing 1.73% 125,012 $31.4M Add +0.9%
NVS Novartis AG-Sponsored ADR 1.68% 314,559 $30.5M Reduce -25.9%
HXL Hexcel Corp. 1.62% 404,503 $29.5M Add +2.5%
LLY Eli Lilly & Co. 1.46% 34,206 $26.6M Reduce -6.0%
JPM JPMorgan Chase & Co. 0.95% 86,032 $17.2M Reduce -3.2%
AAPL Apple Inc. 0.37% 38,742 $6.6M Reduce -1.7%
RTX RTX Corp. 0.35% 65,989 $6.4M Reduce -1.9%
ITW Illinois Tool Works 0.33% 22,053 $5.9M Reduce -6.0%
HIG Hartford Insurance Group Inc. 0.31% 54,252 $5.6M Reduce -9.0%
PEP Pepsico Inc. 0.31% 29,640 $5.6M Reduce -89.9%
WMB Williams Cos Inc. 0.28% 131,436 $5.1M Reduce -7.5%
ETN Eaton Corp. PLC 0.27% 15,930 $5.0M Reduce -13.4%
CSCO Cisco Systems Inc. 0.27% 98,640 $4.9M Reduce -5.2%
GD General Dynamics Corp. 0.27% 17,155 $4.8M Reduce -8.3%
TXN Texas Instruments Inc. 0.26% 27,006 $4.7M Reduce -7.8%
BLK BlackRock Finance Inc. 0.25% 5,476 $4.6M Reduce -11.7%
KO The Coca-Cola Co. 0.24% 71,998 $4.4M Reduce -6.0%
GPC Genuine Parts Co. 0.24% 27,951 $4.3M New
GRMN Garmin Ltd. 0.23% 28,537 $4.3M Reduce -11.5%
ED Consolidated Edison Inc. 0.23% 46,314 $4.2M Reduce -6.3%
CME Cme Group Inc. 0.23% 19,482 $4.2M Reduce -11.1%
AMGN Amgen Inc. 0.22% 13,760 $3.9M Reduce -7.5%
UPS United Parcel Service Class B 0.21% 25,225 $3.7M Add +148.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.20% 19,024 $3.6M Reduce -5.1%
SBUX Starbucks Corp. 0.19% 38,620 $3.5M Add +16.2%
MDT Medtronic PLC 0.19% 40,020 $3.5M Reduce -8.7%
WEC WEC Energy Group Inc. 0.19% 41,101 $3.4M Reduce -5.8%
SO The Southern Co. 0.18% 45,762 $3.3M Reduce -6.6%
IVV iShares Core S&P 500 ETF 0.18% 6,093 $3.2M Reduce -2.9%
KMI Kinder Morgan Inc. 0.17% 166,852 $3.1M Reduce -8.3%
NVDA Nvidia Corp. 0.16% 3,261 $2.9M Reduce -13.8%
CVS CVS Health Corp. 0.16% 36,189 $2.9M Reduce -7.7%
WSO Watsco Inc. 0.14% 5,935 $2.6M Reduce -55.7%
PAYX Paychex Inc. 0.13% 19,563 $2.4M Reduce -5.9%
PFE Pfizer Inc. 0.11% 73,485 $2.0M Reduce -9.9%
BIL SS SPDR BB 1-3M T-Bill ETF 0.11% 21,623 $2.0M Reduce -51.6%
NKE Nike Inc. Class B 0.05% 10,143 $957K Reduce -0.8%
V Visa Inc. Class A 0.05% 3,182 $888K Add +23.6%
GOOG Alphabet Inc. Class C 0.05% 5,741 $874K Reduce -1.8%
FFBC First Financial Bancorp 0.05% 37,316 $837K Add +27.3%
DE Deere & Co. 0.04% 1,862 $768K Reduce -0.2%
VOO Vanguard S&P 500 ETF 0.04% 1,558 $749K Reduce -1.1%
CAT Caterpillar Inc. 0.04% 1,996 $731K Reduce -5.9%
COST Costco Wholesale Corp. 0.04% 955 $700K Reduce -2.8%
MA Mastercard Inc. Class A 0.04% 1,440 $693K Reduce -11.2%
XOM Exxon Mobil Corp. 0.04% 5,755 $669K Reduce -8.3%
AMZN Amazon.com Inc. 0.03% 3,444 $621K Reduce -1.0%
MRK Merck & Co. Inc. 0.03% 4,605 $611K Add +3.2%
ABBV Abbvie Inc. 0.03% 3,219 $586K Reduce -1.3%
TGT Target Corp. 0.03% 3,169 $562K Reduce -1.3%
BRK.B Berkshire Hathaway Inc. Class B 0.03% 1,297 $545K Reduce -11.4%
ENB Enbridge Inc. 0.03% 12,772 $462K Reduce -12.4%
ABT Abbott Laboratories 0.02% 3,873 $440K Reduce -3.8%
GBTC Grayscale Bitcoin Trust ETF 0.02% 6,698 $423K New
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 788 $414K Reduce -43.5%
PG The Procter & Gamble Co. 0.02% 2,234 $362K Reduce -17.2%
VTI VG Morningstar TS MKT ETF-US 0.02% 1,343 $349K Add +6.3%
CMI Cummins Inc. 0.02% 1,094 $322K Reduce -4.1%
MCD McDonald's Corp. 0.02% 1,041 $294K Reduce -28.0%
DD Dupont DE Nemours Inc. 0.02% 3,772 $289K Reduce -1.2%
UNP Union Pacific Corp. 0.02% 1,146 $282K Reduce -0.7%
QQQ Invesco QQQ Trust Series 1 0.01% 606 $269K No change
RKLB Rocket Lab USA Inc. 0.01% 64,350 $264K No change
EMR Emerson Electric Co. 0.01% 2,290 $260K No change
INBK First Internet Bancorp 0.01% 7,450 $259K New
META Meta Platforms Inc. Class A 0.01% 516 $251K Reduce -12.2%
ISRG Intuitive Surgical Inc. 0.01% 599 $239K Reduce -14.3%
AMD Advanced Micro Devices 0.01% 1,247 $225K New
DOW Dow Inc. 0.01% 3,844 $223K Reduce -1.2%
BP BP PLC-Spons ADR 0.01% 5,752 $217K Reduce -1.7%
AXP American Express Co. 0.01% 943 $215K New
COP Conocophillips 0.01% 1,672 $213K New
CI The Cigna Group 0.01% 577 $210K New
CTVA Corteva Inc. 0.01% 3,607 $208K New

Show all 104 holdings

Portfolio Sells Q4 2023 → Q1 2024
PEP Pepsico Inc. Reduce -89.9% 0.31% −2.71
SGOV iShares 0-3 Month Treasury B Reduce -12.6% 3.87% −0.92
NVS Novartis AG-Sponsored ADR Reduce -25.9% 1.68% −0.88
SYK Stryker Corp. Reduce -27.8% 2.70% −0.70
JNJ Johnson & Johnson Reduce -16.4% 1.76% −0.51
MSI Motorola Solutions Inc. Reduce -14.0% 3.64% −0.42
WSO Watsco Inc. Reduce -55.7% 0.14% −0.20
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -51.6% 0.11% −0.13
AAPL Apple Inc. Reduce -1.7% 0.37% −0.09
EOG EOG Resources Inc. Reduce -0.3% 2.15% −0.07
CME Cme Group Inc. Reduce -11.1% 0.23% −0.05
BLK BlackRock Finance Inc. Reduce -11.7% 0.25% −0.05
HLI Houlihan Lokey Inc. Reduce -0.7% 2.10% −0.05
CSCO Cisco Systems Inc. Reduce -5.2% 0.27% −0.04
ITW Illinois Tool Works Reduce -6.0% 0.33% −0.04
AMGN Amgen Inc. Reduce -7.5% 0.22% −0.04
TXN Texas Instruments Inc. Reduce -7.8% 0.26% −0.04
ED Consolidated Edison Inc. Reduce -6.3% 0.23% −0.04
WEC WEC Energy Group Inc. Reduce -5.8% 0.19% −0.03
HBNC Horizon Bancorp Inc. Sold out 0.00% −0.03
PFE Pfizer Inc. Reduce -9.9% 0.11% −0.03
CVS CVS Health Corp. Reduce -7.7% 0.16% −0.03
DEO Diageo PLC-Sponsored ADR Sold out 0.00% −0.03
KO The Coca-Cola Co. Reduce -6.0% 0.24% −0.03
SO The Southern Co. Reduce -6.6% 0.18% −0.02
MDT Medtronic PLC Reduce -8.7% 0.19% −0.02
GD General Dynamics Corp. Reduce -8.3% 0.27% −0.02
KMI Kinder Morgan Inc. Reduce -8.3% 0.17% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -43.5% 0.02% −0.02
PAYX Paychex Inc. Reduce -5.9% 0.13% −0.02
NKE Nike Inc. Class B Reduce -0.8% 0.05% −0.01
WMB Williams Cos Inc. Reduce -7.5% 0.28% −0.01
MSFT Microsoft Corp. Reduce -3.2% 4.70% −0.01
GRMN Garmin Ltd. Reduce -11.5% 0.23% −0.01
NEE Nextera Energy Inc. Sold out 0.00% −0.01
VLTO Veralto Corp. Sold out 0.00% −0.01
MCD McDonald's Corp. Reduce -28.0% 0.02% −0.01
F Ford Motor Co. Sold out 0.00% −0.01
ENB Enbridge Inc. Reduce -12.4% 0.03% −0.01
USA Liberty All Star Equity Fund Sold out 0.00% −0.01
PG The Procter & Gamble Co. Reduce -17.2% 0.02% −0.00
MA Mastercard Inc. Class A Reduce -11.2% 0.04% −0.00
IVV iShares Core S&P 500 ETF Reduce -2.9% 0.18% −0.00
AUDDIA INC Sold out 0.00% −0.00
DE Deere & Co. Reduce -0.2% 0.04% −0.00
ABT Abbott Laboratories Reduce -3.8% 0.02% −0.00
DD Dupont DE Nemours Inc. Reduce -1.2% 0.02% −0.00
UNP Union Pacific Corp. Reduce -0.7% 0.02% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -11.4% 0.03% −0.00
GOOG Alphabet Inc. Class C Reduce -1.8% 0.05% −0.00

Portfolio Buys Q4 2023 → Q1 2024
HSY The Hershey Co. New 3.29% +3.29
CRL Charles River Laboratories Add +129.3% 3.63% +2.13
HON Honeywell International Inc. Add +21.0% 3.57% +0.30
GPC Genuine Parts Co. New 0.24% +0.24
DOV Dover Corp. Add +1.3% 3.29% +0.23
ELV Elevance Health Inc. Add +3.6% 3.01% +0.14
CB Chubb Ltd. Add +1.1% 1.93% +0.12
UPS United Parcel Service Class B Add +148.4% 0.21% +0.11
DHR Danaher Corp. Add +4.2% 3.01% +0.10
HD Home Depot Inc. Add +0.9% 3.46% +0.10
GBTC Grayscale Bitcoin Trust ETF New 0.02% +0.02
INBK First Internet Bancorp New 0.01% +0.01
AMD Advanced Micro Devices New 0.01% +0.01
AXP American Express Co. New 0.01% +0.01
COP Conocophillips New 0.01% +0.01
CI The Cigna Group New 0.01% +0.01
CTVA Corteva Inc. New 0.01% +0.01
HWM Howmet Aerospace Inc. New 0.01% +0.01
TJX TJX Companies Inc. New 0.01% +0.01
V Visa Inc. Class A Add +23.6% 0.05% +0.01
FFBC First Financial Bancorp Add +27.3% 0.05% +0.00
MRK Merck & Co. Inc. Add +3.2% 0.03% +0.00
SBUX Starbucks Corp. Add +16.2% 0.19% +0.00
VTI VG Morningstar TS MKT ETF-US Add +6.3% 0.02% +0.00
GOOGL Alphabet Inc. Class A Add +0.5% 3.67% −0.00
ADP Automatic Data Processing Add +0.9% 1.73% −0.01
CVX Chevron Corp. Add +1.6% 1.83% −0.02
ICE Intercontinental Exchange Inc. Add +0.7% 3.20% −0.02
HXL Hexcel Corp. Add +2.5% 1.62% −0.12
MS Morgan Stanley Add +2.8% 3.15% −0.15
DRI Darden Restaurants Inc. Add +1.8% 3.33% −0.16
ACN Accenture PLC Class A Add +0.6% 3.33% −0.31
UNH Unitedhealth Group Inc. Add +2.4% 2.80% −0.36

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 131$2.1BASML, AVGO, GOOGL, CARR, DOV
Q1 2026 122$2.1BSGOV, GOOGL, ASML, HON, AVGO
Q4 2025 114$2.1BSGOV, GOOGL, ASML, MS, AVGO
Q3 2025 117$2.1BAVGO, GOOGL, SGOV, MSFT, ASML
Q2 2025 114$2.1BSGOV, AVGO, MSFT, DIS, MS
Q1 2025 113$2.0BSGOV, PGR, FISV, AJG, BJ
Q4 2024 99$2.0BSGOV, AVGO, FISV, PGR, MSI
Q3 2024 98$2.0BSGOV, PGR, FISV, MSFT, MSI
Q2 2024 97$1.8BSGOV, MSFT, PGR, GOOGL, MSI
Q1 2024 104$1.8BMSFT, PGR, AVGO, FISV, SGOV