L. Roy Papp & Associates, LLP reported 142 positions worth $854.48M for the quarter ended Sep 30, 2026, up 4.0% on the prior quarter. It opened 7 new positions, added to 49, trimmed 44 and exited 5. Its largest holding is Apple Inc. at 8.6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| JPM Jpmorgan Chase & Co | +5,060 | +12.6% | $1.67M | 1.75% |
| LIN Linde Plc | +2,505 | +19.0% | $1.19M | 0.873% |
| RARE Ultragenyx Pharmaceutical Inc. | +70.7K | – | $1.06M | 0.124% |
| WM Waste Management Inc | +4,754 | +25.1% | $969.44K | 0.566% |
| MCD Mcdonalds Corp | +3,528 | +23.4% | $814.76K | 0.503% |
| ZBRA Zebra Technologies Corp | +752 | – | $280.73K | 0.033% |
| MTSI MACOM Technology Solutions Holdings, Inc. | +915 | – | $260.61K | 0.03% |
| LSCC Lattice Semiconductor Corp | +2,072 | – | $260.29K | 0.03% |
| GWW W.W. Grainger, Inc. | +206 | +13.1% | $256.63K | 0.26% |
| FN Fabrinet | +551 | – | $233.77K | 0.027% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| ACN Accenture plc | -12.7K | -11.8% | $2.34M | 2.04% |
| AAPL Apple Inc. | -4,443 | -2.0% | $1.48M | 8.64% |
| MRVL Marvell Technology, Inc. | -4,551 | -4.1% | $1.20M | 3.31% |
| TECH BIO-TECHNE Corp | -11.1K | -28.6% | $802.24K | 0.234% |
| GOOGL Alphabet Inc. | -1,614 | -1.7% | $555.35K | 3.73% |
| STRL Sterling Infrastructure, Inc. | -436 | -100.0% | $365.96K | Exited |
| CAT Caterpillar Inc | -424 | -7.9% | $343.77K | 0.471% |
| RMD Resmed Inc | -1,490 | -9.0% | $329.45K | 0.391% |
| JNJ Johnson & Johnson | -1,094 | -0.9% | $289.62K | 3.64% |
| INTU Intuit Inc. | -903 | -11.9% | $248.98K | 0.216% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| RARE Ultragenyx Pharmaceutical Inc. | +70.7K | $1.06M | 0.124% |
| ZBRA Zebra Technologies Corp | +752 | $280.73K | 0.033% |
| MTSI MACOM Technology Solutions Holdings, Inc. | +915 | $260.61K | 0.03% |
| LSCC Lattice Semiconductor Corp | +2,072 | $260.29K | 0.03% |
| FN Fabrinet | +551 | $233.77K | 0.027% |
| TGT Target Corp | +1,450 | $227.20K | 0.027% |
| WES Western Midstream Partners, LP | +5,059 | $224.47K | 0.026% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | AAPL Apple Inc. | Technology | 221.6K | $73.80M | 8.64% | -4,443 | -2.0% | Reduced | 0% |
| 2 | MSFT Microsoft Corp | Technology | 120.3K | $61.70M | 7.22% | -303 | -0.3% | Reduced | 0% |
| 3 | GOOG Alphabet Inc. | Technology | 149.7K | $50.99M | 5.97% | -131 | -0.1% | Reduced | 0% |
| 4 | BLK BlackRock, Inc. | Financial Services | 36.6K | $38.71M | 4.53% | +59 | +0.2% | Added | 0.02% |
| 5 | V Visa Inc. | Financial Services | 102.8K | $36.92M | 4.32% | -479 | -0.5% | Reduced | 0.01% |
| 6 | TMO Thermo Fisher Scientific Inc. | Healthcare | 51.6K | $34.84M | 4.08% | +103 | +0.2% | Added | 0.01% |
| 7 | GOOGL Alphabet Inc. | Technology | 92.7K | $31.91M | 3.73% | -1,614 | -1.7% | Reduced | 0% |
| 8 | JNJ Johnson & Johnson | Healthcare | 117.6K | $31.12M | 3.64% | -1,094 | -0.9% | Reduced | 0% |
| 9 | EXPD Expeditors International Of Washington Inc | Industrials | 158.5K | $29.27M | 3.43% | -1,154 | -0.7% | Reduced | 0.12% |
| 10 | ORLY O Reilly Automotive Inc | Consumer Discretionary | 332.8K | $28.42M | 3.33% | +468 | +0.1% | Added | 0.04% |
| 11 | MRVL Marvell Technology, Inc. | Technology | 107.1K | $28.30M | 3.31% | -4,551 | -4.1% | Reduced | 0.01% |
| 12 | EOG Eog Resources Inc | Energy | 179.0K | $24.66M | 2.89% | -26 | 0.0% | Reduced | 0.03% |
| 13 | COST Costco Wholesale Corp | Consumer Staples | 23.7K | $21.57M | 2.52% | -102 | -0.4% | Reduced | 0.01% |
| 14 | SYK Stryker Corp | Healthcare | 68.3K | $18.80M | 2.2% | -287 | -0.4% | Reduced | 0.02% |
| 15 | HD Home Depot, Inc. | Consumer Discretionary | 62.3K | $17.73M | 2.08% | -81 | -0.1% | Reduced | 0.01% |
Tip. Select a row to see that position’s full history at L. Roy Papp & Associates, LLP.
As of its Q3 2026 13F filing, L. Roy Papp & Associates, LLP’s five largest positions were Apple Inc. (AAPL) at 8.6%, Microsoft Corp (MSFT) at 7.2%, Alphabet Inc. (GOOG) at 6.0%, BlackRock, Inc. (BLK) at 4.5%, Visa Inc. (V) at 4.3% of the reported portfolio.
L. Roy Papp & Associates, LLP reported a 13F portfolio worth $854.48M across 142 positions for Q3 2026. That is up 4.0% from the previous quarter.
Its largest purchases by value were Jpmorgan Chase & Co ($1.67M), Linde Plc ($1.19M), Ultragenyx Pharmaceutical Inc. ($1.06M). It opened 7 new positions.
Its largest sales by value were Accenture plc ($2.34M), Apple Inc. ($1.48M), Marvell Technology, Inc. ($1.20M). It exited 5 positions entirely.
From the Form 13F-HR reports L. Roy Papp & Associates, LLP files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.