L. Roy Papp & Associates, LL.P. 13F annual report
L. Roy Papp & Associates, LL.P. is an investment fund managing more than $825 billion ran by Harry Papp. There are currently 148 companies in Mr. Papp’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $112 billion.
$825 billion Assets Under Management (AUM)
As of 17th July 2024, L. Roy Papp & Associates, LL.P.’s top holding is 266,882 shares of Apple Inc currently worth over $56.2 billion and making up 6.8% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, L. Roy Papp & Associates, LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 124,113 shares of Microsoft worth $55.5 billion, whose value grew 8.6% in the past six months.
The third-largest holding is Accenture Plc Ireland worth $33.8 billion and the next is Alphabet Inc worth $53.8 billion, with 294,259 shares owned.
Currently, L. Roy Papp & Associates, LL.P.'s portfolio is worth at least $825 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at L. Roy Papp & Associates, LL.P.
The L. Roy Papp & Associates, LL.P. office and employees reside in Phoenix, Arizona. According to the last 13-F report filed with the SEC, Harry Papp serves as the Managing Partner at L. Roy Papp & Associates, LL.P..
Recent trades
In the most recent 13F filing, L. Roy Papp & Associates, LL.P. revealed that it had opened a new position in
Permian Resources Corp and bought 27,605 shares worth $446 million.
This means they effectively own approximately 0.1% of the company.
Permian Resources Corp makes up
1.5%
of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Blackrock by buying
15 additional shares.
This makes their stake in Blackrock total 39,703 shares worth $31.3 billion.
Blackrock soared 9.8% in the past year.
On the other hand, there are companies that L. Roy Papp & Associates, LL.P. is getting rid of from its portfolio.
L. Roy Papp & Associates, LL.P. closed its position in Pioneer Nat Res Co on 24th July 2024.
It sold the previously owned 43,288 shares for $11.4 billion.
Harry Papp also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $56.2 billion and 266,882 shares.
One of the average hedge funds
The two most similar investment funds to L. Roy Papp & Associates, LL.P. are Cypress Capital and Insigneo Advisory Services. They manage $825 billion and $824 billion respectively.
Harry Papp investment strategy
L. Roy Papp & Associates, LL.P.’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 18.0% of
the total portfolio value.
The fund focuses on investments in the United States as
55.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
54% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $182 billion.
The complete list of L. Roy Papp & Associates, LL.P. trades based on 13F SEC filings
These positions were updated on July 24th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apple Inc |
4.19%
266,882
|
$56,210,750,000 | 6.81% |
| Microsoft Corporation |
4.43%
124,113
|
$55,472,235,000 | 6.72% |
| Accenture Plc Ireland |
0.39%
111,263
|
$33,758,307,000 | 4.09% |
| Alphabet Inc |
3.36%
294,259
|
$53,828,558,000 | 6.52% |
| Blackrock Inc. |
0.04%
39,703
|
$31,259,284,000 | 3.79% |
| Oreilly Automotive Inc |
2.58%
26,966
|
$28,477,714,000 | 3.45% |
| Visa Inc |
0.06%
106,473
|
$27,945,901,000 | 3.39% |
| Thermo Fisher Scientific Inc. |
0.67%
49,315
|
$27,271,409,000 | 3.31% |
| Costco Whsl Corp New |
7.04%
30,243
|
$25,705,904,000 | 3.12% |
| Eog Res Inc |
4.83%
193,046
|
$24,298,722,000 | 2.95% |
| Stryker Corp. |
0.55%
63,032
|
$21,446,596,000 | 2.60% |
| Expeditors Intl Wash Inc |
0.36%
164,525
|
$20,531,015,000 | 2.49% |
| Home Depot, Inc. |
0.85%
58,419
|
$20,110,288,000 | 2.44% |
| Price T Rowe Group Inc |
4.90%
171,469
|
$19,772,086,000 | 2.40% |
| Johnson & Johnson |
0.15%
118,817
|
$17,366,347,000 | 2.11% |
| Canadian Natl Ry Co |
0.81%
141,160
|
$16,675,219,000 | 2.02% |
| Mettler-Toledo International, Inc. |
1.09%
10,387
|
$14,516,768,000 | 1.76% |
| Spdr Ser Tr |
1.82%
158,732
|
$14,713,316,000 | 1.78% |
| Exxon Mobil Corp. |
726.14%
99,690
|
$11,476,313,000 | 1.39% |
| Mastercard Incorporated |
0.27%
25,804
|
$11,383,693,000 | 1.38% |
| Pioneer Nat Res Co |
Closed
43,288
|
$11,363,100,000 | |
| Procter And Gamble Co |
0.14%
65,149
|
$10,744,368,000 | 1.30% |
| Invesco Exchange Traded Fd T |
11.88%
62,924
|
$10,337,121,000 | 1.25% |
| Fiserv, Inc. |
2.70%
60,158
|
$8,965,949,000 | 1.09% |
| Ecolab, Inc. |
1.63%
35,446
|
$8,436,251,000 | 1.02% |
| Analog Devices Inc. |
1.60%
36,381
|
$8,304,328,000 | 1.01% |
| Becton Dickinson & Co. |
1.16%
33,982
|
$7,941,971,000 | 0.96% |
| Factset Resh Sys Inc |
1.58%
19,275
|
$7,869,405,000 | 0.95% |
| Weyerhaeuser Co Mtn Be |
No change
272,920
|
$7,748,199,000 | 0.94% |
| Pepsico Inc |
1.56%
45,772
|
$7,549,160,000 | 0.92% |
| Marvell Technology Inc |
0.06%
107,109
|
$7,486,931,000 | 0.91% |
| Select Sector Spdr Tr |
2.42%
43,294
|
$8,037,520,000 | 0.97% |
| Emerson Elec Co |
11.99%
60,238
|
$6,635,819,000 | 0.80% |
| Ishares Tr |
1.47%
108,523
|
$10,423,275,000 | 1.26% |
| Ametek Inc |
1.00%
36,182
|
$6,031,902,000 | 0.73% |
| Nxp Semiconductors N V |
0.77%
21,788
|
$5,862,933,000 | 0.71% |
| Chevron Corp. |
0.82%
36,269
|
$5,673,251,000 | 0.69% |
| Waste Connections Inc |
0.20%
30,178
|
$5,292,015,000 | 0.64% |
| JPMorgan Chase & Co. |
0.29%
25,750
|
$5,208,195,000 | 0.63% |
| Intuit Inc |
3.91%
7,740
|
$5,086,726,000 | 0.62% |
| Icon Plc |
0.11%
14,796
|
$4,638,103,000 | 0.56% |
| Rockwell Automation Inc |
2.61%
16,753
|
$4,611,766,000 | 0.56% |
| Nike, Inc. |
1.36%
61,123
|
$4,606,811,000 | 0.56% |
| Trimble Inc |
2.18%
81,327
|
$4,547,806,000 | 0.55% |
| Adobe Inc |
1.99%
7,873
|
$4,373,767,000 | 0.53% |
| Berkshire Hathaway Inc. |
No change
9,940
|
$4,043,592,000 | 0.49% |
| Valmont Inds Inc |
12.21%
13,825
|
$3,794,272,000 | 0.46% |
| RBC Bearings Inc. |
1.39%
12,788
|
$3,449,947,000 | 0.42% |
| Ansys Inc. |
1.44%
9,901
|
$3,183,172,000 | 0.39% |
| Idex Corporation |
1.50%
15,150
|
$3,048,180,000 | 0.37% |
| Vanguard Specialized Funds |
0.94%
15,781
|
$2,880,821,000 | 0.35% |
| Schwab Strategic Tr |
8.76%
70,905
|
$4,685,892,000 | 0.57% |
| Microchip Technology, Inc. |
2.95%
31,017
|
$2,838,082,000 | 0.34% |
| McCormick & Co., Inc. |
0.90%
39,536
|
$2,804,684,000 | 0.34% |
| Vanguard Index Fds |
2.98%
27,387
|
$7,105,565,000 | 0.86% |
| Sherwin-Williams Co. |
2.19%
8,950
|
$2,670,949,000 | 0.32% |
| Costar Group, Inc. |
1.56%
35,940
|
$2,664,592,000 | 0.32% |
| United Parcel Service, Inc. |
3.84%
18,778
|
$2,569,770,000 | 0.31% |
| Waste Mgmt Inc Del |
No change
11,847
|
$2,527,439,000 | 0.31% |
| Amazon.com Inc. |
4.78%
13,067
|
$2,525,198,000 | 0.31% |
| Church & Dwight Co., Inc. |
1.56%
23,050
|
$2,389,824,000 | 0.29% |
| Automatic Data Processing In |
No change
9,557
|
$2,281,161,000 | 0.28% |
| Clorox Co. |
1.75%
16,586
|
$2,263,515,000 | 0.27% |
| Vanguard World Fd |
No change
3,835
|
$2,211,223,000 | 0.27% |
| Eli Lilly & Co |
1.98%
2,380
|
$2,154,805,000 | 0.26% |
| Mcdonalds Corp |
3.95%
8,269
|
$2,107,272,000 | 0.26% |
| YETI Holdings Inc |
6.03%
55,125
|
$2,103,019,000 | 0.25% |
| Colgate-Palmolive Co. |
1.87%
20,998
|
$2,037,646,000 | 0.25% |
| AMGEN Inc. |
0.02%
6,458
|
$2,017,803,000 | 0.24% |
| Coca-Cola Co |
0.05%
30,023
|
$1,910,940,000 | 0.23% |
| Bio-Techne Corp |
2.65%
25,492
|
$1,826,502,000 | 0.22% |
| Vanguard Malvern Fds |
18.82%
36,457
|
$1,769,623,000 | 0.21% |
| Informatica Inc. |
1.39%
56,900
|
$1,757,072,000 | 0.21% |
| Caterpillar Inc. |
3.68%
5,232
|
$1,742,780,000 | 0.21% |
| Sysco Corp. |
9.01%
23,995
|
$1,713,004,000 | 0.21% |
| Resmed Inc. |
1.30%
8,360
|
$1,600,272,000 | 0.19% |
| Cisco Sys Inc |
1.19%
33,118
|
$1,573,437,000 | 0.19% |
| Pegasystems Inc. |
1.37%
24,810
|
$1,501,750,000 | 0.18% |
| RTX Corp |
2.07%
14,176
|
$1,423,129,000 | 0.17% |
| Abbvie Inc |
0.77%
7,892
|
$1,353,636,000 | 0.16% |
| Oracle Corp. |
5.03%
9,428
|
$1,331,288,000 | 0.16% |
| Walmart Inc |
6.69%
17,805
|
$1,205,577,000 | 0.15% |
| Wells Fargo Co New |
3.85%
19,839
|
$1,178,232,000 | 0.14% |
| International Business Machs |
0.91%
6,630
|
$1,146,659,000 | 0.14% |
| Spdr S&p 500 Etf Tr |
20.57%
2,093
|
$1,139,107,000 | 0.14% |
| Merck & Co Inc |
0.01%
9,016
|
$1,116,121,000 | 0.14% |
| American Express Co. |
0.44%
4,700
|
$1,088,203,000 | 0.13% |
| Eastgroup Pptys Inc |
No change
6,358
|
$1,081,496,000 | 0.13% |
| Silicon Laboratories Inc |
1.61%
9,485
|
$1,049,326,000 | 0.13% |
| Vanguard Scottsdale Fds |
7.04%
13,345
|
$1,031,235,000 | 0.13% |
| IQVIA Holdings Inc |
2.34%
4,804
|
$1,015,758,000 | 0.12% |
| Linde Plc. |
No change
2,289
|
$1,004,437,000 | 0.12% |
| State Str Corp |
5.16%
13,151
|
$973,174,000 | 0.12% |
| Abbott Labs |
No change
8,928
|
$927,709,000 | 0.11% |
| Meta Platforms Inc |
No change
1,787
|
$901,042,000 | 0.11% |
| Valvoline Inc |
1.48%
19,970
|
$862,704,000 | 0.10% |
| Zoom Video Communications In |
Closed
12,350
|
$807,320,000 | |
| Starbucks Corp. |
51.17%
10,292
|
$801,268,000 | 0.10% |
| 3M Co. |
Closed
6,979
|
$740,263,000 | |
| Devon Energy Corp. |
45.41%
15,152
|
$718,185,000 | 0.09% |
| Pool Corporation |
1.50%
2,300
|
$706,859,000 | 0.09% |
| Intel Corp. |
0.17%
22,223
|
$688,247,000 | 0.08% |
| Diamondback Energy Inc |
22.93%
3,377
|
$676,042,000 | 0.08% |
| Honeywell International Inc |
1.68%
2,934
|
$626,527,000 | 0.08% |
| Ross Stores, Inc. |
No change
4,000
|
$581,280,000 | 0.07% |
| Spdr Index Shs Fds |
0.19%
5,150
|
$573,719,000 | 0.07% |
| Grainger W W Inc |
No change
624
|
$562,998,000 | 0.07% |
| Kinder Morgan Inc |
22.79%
27,327
|
$542,997,000 | 0.07% |
| Norfolk Southn Corp |
No change
2,494
|
$535,437,000 | 0.06% |
| Tesla Inc |
No change
2,655
|
$525,372,000 | 0.06% |
| Wabtec |
No change
3,226
|
$509,943,000 | 0.06% |
| Ishares Silver Tr |
No change
19,000
|
$504,830,000 | 0.06% |
| Pfizer Inc. |
8.66%
18,012
|
$503,976,000 | 0.06% |
| Kroger Co. |
0.04%
9,819
|
$490,263,000 | 0.06% |
| Medtronic Plc |
0.76%
6,156
|
$484,539,000 | 0.06% |
| Disney Walt Co |
23.42%
4,726
|
$469,206,000 | 0.06% |
| Bristol-Myers Squibb Co. |
No change
11,184
|
$464,474,000 | 0.06% |
| Permian Resources Corp |
Opened
27,605
|
$445,821,000 | 0.05% |
| Spdr Gold Tr |
No change
2,020
|
$434,321,000 | 0.05% |
| Vanguard Intl Equity Index F |
0.03%
3,762
|
$423,682,000 | 0.05% |
| NVIDIA Corp |
929.18%
3,386
|
$418,307,000 | 0.05% |
| Zoetis Inc |
2.78%
2,221
|
$385,033,000 | 0.05% |
| Vanguard Whitehall Fds |
No change
3,213
|
$381,120,000 | 0.05% |
| Applied Matls Inc |
No change
1,515
|
$357,525,000 | 0.04% |
| Umb Finl Corp |
7.46%
4,030
|
$336,183,000 | 0.04% |
| First Tr Multi Cap Growth Al |
No change
2,596
|
$319,613,000 | 0.04% |
| First Solar Inc |
Opened
1,405
|
$316,772,000 | 0.04% |
| Fuller H B Co |
No change
4,000
|
$307,840,000 | 0.04% |
| Union Pac Corp |
No change
1,350
|
$305,451,000 | 0.04% |
| GE Aerospace |
4.85%
1,817
|
$288,849,000 | 0.04% |
| Arista Networks Inc |
No change
800
|
$280,384,000 | 0.03% |
| Lowes Cos Inc |
No change
1,269
|
$279,764,000 | 0.03% |
| Barrett Business Svcs Inc |
300.00%
8,480
|
$277,890,000 | 0.03% |
| First Tr Exchange-traded Fd |
No change
3,260
|
$273,971,000 | 0.03% |
| Kimberly-Clark Corp. |
10.03%
1,974
|
$272,807,000 | 0.03% |
| Advanced Micro Devices Inc. |
21.96%
1,666
|
$270,242,000 | 0.03% |
| NextEra Energy Inc |
10.76%
3,731
|
$264,193,000 | 0.03% |
| First Tr Exchange Traded Fd |
No change
1,843
|
$251,128,000 | 0.03% |
| Walgreens Boots Alliance Inc |
Closed
11,268
|
$244,403,000 | |
| Ishares Inc |
No change
3,542
|
$241,707,000 | 0.03% |
| CSX Corp. |
No change
7,200
|
$240,840,000 | 0.03% |
| Phillips 66 |
Closed
1,433
|
$234,067,000 | |
| Lauder Estee Cos Inc |
Closed
1,517
|
$233,846,000 | |
| Centene Corp. |
Closed
2,978
|
$233,714,000 | |
| Zebra Technologies Corporati |
No change
752
|
$232,316,000 | 0.03% |
| Tjx Cos Inc New |
No change
2,105
|
$231,761,000 | 0.03% |
| Idexx Labs Inc |
No change
470
|
$228,984,000 | 0.03% |
| Vanguard Index Fds |
Opened
441
|
$220,644,000 | 0.03% |
| Target Corp |
No change
1,490
|
$220,580,000 | 0.03% |
| Vanguard Star Fds |
0.25%
3,639
|
$219,436,000 | 0.03% |
| Omnicom Group, Inc. |
No change
2,415
|
$216,626,000 | 0.03% |
| Duke Energy Corp. |
No change
2,135
|
$213,992,000 | 0.03% |
| Bank America Corp |
No change
5,326
|
$211,816,000 | 0.03% |
| Cincinnati Finl Corp |
Closed
1,688
|
$209,599,000 | |
| CRH Plc |
No change
2,781
|
$208,520,000 | 0.03% |
| Autozone Inc. |
No change
70
|
$207,487,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 156 holdings | |||
Hedge funds similar to L. Roy Papp & Associates, LL.P.
- German American Bancorp, Inc
- Southeast Asset Advisors
- Poplar Forest Capital
- Legato Capital Management
- Private Capital Management
- No Street Gp L.P.
- Quantum Capital Management, Nj
- Cypress Capital
- Insigneo Advisory Services
- Taurus Asset Management
- West Coast
- Tortoise Investment Management
- Conifer Management, L.L.C
- Invst