NORRIS PERNE & FRENCH LLP/MI

Registered adviser

CIK

1092290

Location

GRAND RAPIDS, MI

Portfolio Value

Small $712,615,303

Diversification

Diversified

Reports for

Vident Advisory, LLC

Files via

Vident Advisory, LLC

Filing Date

Global Rank

#2,997 / 8,807 ▼ 111

Top Industry

Semiconductor Equipment & Materials 9.7%

Period ended 4 months ago

Filed Aug 13, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 104683

Roster of Oct 1, 2026

Regulatory AUM

$2,691,127,889

Main clients

Individuals and high net worth (88% of AUM)

LEI

5299009GVR28XEKGKP13

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$2,691,127,889	Individuals and high net worth (88%)
Apr 2025 to Mar 2026	$2,525,105,940	Individuals and high net worth (89%)
Apr 2024 to Mar 2025	$2,354,512,728	Individuals and high net worth (87%)
May 2023 to Mar 2024	$1,996,013,713	Individuals and high net worth (88%)
Apr 2023	$1,996,013,713	Individuals and high net worth (88%)
Apr 2022 to Mar 2023	$2,310,983,746	Individuals and high net worth (87%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 42.3%, 34.3 effective positions, active share 68.3% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

18.9% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.0 quarters (12+), a floor since 53.5% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 68.3%; sector active share 16.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

154 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.3%

−1.2 pts

Top 5

26.8%

+0.6 pts

Top 10

42.3%

−0.8 pts

HHI

291

Diversified−7

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	34.0%	$242,360,556	29
Healthcare	13.4%	$95,595,517	12
Consumer Cyclical	12.2%	$87,171,612	9
Industrials	11.3%	$80,300,434	26
Financial Services	10.6%	$75,227,791	17
Communication Services	6.0%	$42,493,224	6
Basic Materials	5.7%	$40,473,212	3
Unclassified	5.0%	$35,941,467	33
Consumer Defensive	0.8%	$5,666,502	7
Energy	0.6%	$4,588,324	4
Utilities	0.4%	$2,561,524	7
Real Estate	0.0%	$235,140	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ABT	Abbott Laboratories	+88,880	157,705	$14,310,151
KLAC	Kla Corp	+50,293	55,876	$16,858,347
EPAM	EPAM Systems, Inc.	+33,868	65,443	$5,192,902
DHR	Danaher Corp /De/	+26,164	119,305	$22,725,216
VUG	VANGUARD GROWTH INDEX FUND	+24,805	30,055	$2,588,937
AMZN	Amazon Com Inc	+15,948	88,604	$21,117,877
MA	Mastercard Inc	+15,458	26,328	$13,522,060
TMO	Thermo Fisher Scientific Inc.	+14,226	23,021	$11,541,808
MSI	Motorola Solutions, Inc.	+11,737	24,747	$10,277,181
ETN	Eaton Corp plc	+11,535	18,920	$8,062,190
SHY	iShares 1-3 Year Treasury Bond ETF	+9,875	22,490	$0
XOM	ExxonMobil Holdings Corp	+9,633	10,819	$1,479,173
GNTX	Gentex Corp	+9,394	32,464	$820,365
IWF	iShares Russell 1000 Growth ETF	+7,462	10,180	$0
TYL	Tyler Technologies Inc	+6,948	13,415	$3,923,350
SHV	iShares 0-1 Year Treasury Bond ETF	+6,098	11,881	$0
IEMG	iShares Trust	+3,892	54,208	$0
FBND	Fidelity Total Bond ETF	+3,641	70,059	$3,186,983
RSP	Victory Portfolios II	+3,156	63,624	$13,537,278
FITB	Fifth Third Bancorp	+3,123	9,860	$555,808
WMT	Walmart Inc.	+2,921	10,315	$1,168,276
VO	VANGUARD MID-CAP INDEX FUND	+2,305	3,073	$247,591
FLTB	Fidelity Limited Term Bond ETF	+1,882	16,978	$851,107
VZ	Verizon Communications Inc	+1,435	7,616	$322,461
EFG	iShares MSCI EAFE Growth ETF	+897	56,858	$0
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
COHR	Coherent Corp.	−52,557	52,543	$20,726,637
AAPL	Apple Inc.	−20,392	13,605	$3,936,742
PWR	Quanta Services, Inc.	−10,047	4,935	$3,553,397
ITW	Illinois Tool Works Inc	−9,316	2,337	$632,088
AMAT	Applied Materials Inc /De	−8,229	56,696	$40,991,208
IJH	iShares Core S&P Mid-Cap ETF	−4,652	251,497	$0
APH	Amphenol Corp /De/	−3,768	1,345	$474,300
NFLX	Netflix Inc	−3,080	10,143	$724,210
F	Ford Motor Co	−2,853	68,025	$945,547
PG	PROCTER & GAMBLE Co	−2,725	7,367	$1,080,296
VEA	Vanguard FTSE Developed Markets ETF	−1,312	74,416	$5,302,140
IVV	iShares Core S&P 500 ETF	−1,251	57,167	$0
IJR	iShares Core S&P Small-Cap ETF	−978	112,697	$0
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−819	50,305	$3,002,705
GE	General Electric Co	−743	661	$247,035
VEU	Vanguard International Equity Index Funds	−710	16,911	$1,416,296
LNG	Cheniere Energy, Inc.	−566	9,396	$2,245,737
MO	Altria Group, Inc.	−525	2,833	$203,834
PCAR	Paccar Inc	−487	21,932	$2,634,471
LHX	L3harris Technologies, Inc. /De/	−387	4,457	$1,295,159
IWV	iShares Russell 3000 ETF	−339	22,541	$0
SO	Southern Co	−190	9,436	$903,119
RTX	RTX Corp	−127	1,555	$295,030
PH	Parker-Hannifin Corp	−100	354	$346,254
ORCL	Oracle Corp	−64	4,388	$643,061
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
ENTG	Entegris Inc	33,595	$6,042,396
GLW	Corning Inc /Ny	3,201	$817,631
INTC	Intel Corp	4,313	$602,224
EMR	Emerson Electric Co	2,239	$320,512
QQQ	Invesco Qqq Trust, Series 1	390	$287,196
NBIS	Nebius Group N.V.	1,030	$284,455
VRT	Vertiv Holdings Co	740	$247,766
MS	Morgan Stanley	1,115	$233,079
AMD	Advanced Micro Devices Inc	394	$228,878
CAH	Cardinal Health Inc	923	$219,267
DELL	Dell Technologies Inc.	500	$215,730
AFL	Aflac Inc	1,800	$211,050
BA	Boeing Co	957	$207,161
BMY	Bristol Myers Squibb Co	3,548	$204,435
AXP	American Express Co	597	$201,935
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
ZTS	Zoetis Inc.	17,744	$2,097,518
VERX	Vertex, Inc.	71,998	$856,056
PAYX	Paychex Inc	4,508	$415,276
T	At&T Inc.	12,577	$364,607
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	2,359	$349,367
CDW	CDW Corp	2,663	$322,276
WPM	Wheaton Precious Metals Corp.	2,440	$319,664
HUBB	Hubbell Inc	566	$277,758
CAT	Caterpillar Inc	370	$262,130
LKQ	Lkq Corp	8,414	$247,119
CARR	CARRIER GLOBAL Corp	4,356	$245,286
NUE	Nucor Corp	1,402	$237,078
SHEL	Shell plc	2,342	$217,806
CRCL	Circle Internet Group, Inc.	2,195	$209,424
TGB	Trekor Metals Ltd	19,000	$122,550
VV	VANGUARD LARGE-CAP INDEX FUND	1,387	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

154 tracked positions · $712,615,303 total · filing declares 65 positions · $638,785,655 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 154 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
MSFT	Microsoft Corp Technology	Added	140,125	+119	$52,269,427	+0.9%	26+	before history	7.33%
AMAT	Applied Materials Inc /De Technology	Reduced	56,696	-8,229	$40,991,208	+84.7%	24	$70.75	5.75%
GOOGL	Alphabet Inc. Communication Services	Added	100,794	+86	$36,020,751	+24.4%	26+	before history	5.05%
BALL	BALL Corp Consumer Cyclical	Added	475,456	+405	$29,668,454	+5.7%	26+	before history	4.16%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	59,544	+51	$28,436,428	+41.4%	9	$189.71	3.99%
DHR	Danaher Corp /De/ Healthcare	Added	119,305	+26,164	$22,725,216	+28.7%	26+	before history	3.19%
NVDA	Nvidia Corp Technology	Added	112,080	+95	$22,426,087	+14.8%	14	$164.22	3.15%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	44,662	+38	$22,348,418	+4.5%	26+	before history	3.14%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Added	195,084	+166	$21,993,770	−3.6%	21	$40.92	3.09%
AMZN	Amazon Com Inc Consumer Cyclical	Added	88,604	+15,948	$21,117,877	+39.6%	26+	before history	2.96%
JNJ	Johnson & Johnson Healthcare	Added	82,726	+70	$21,009,922	+4.0%	26+	before history	2.95%
COHR	Coherent Corp. Technology	Reduced	52,543	-52,557	$20,726,637	−17.2%	16	$51.34	2.91%
V	Visa Inc. Financial Services	Added	55,752	+47	$19,127,953	+13.6%	26+	before history	2.68%
LIN	Linde PLC Basic Materials	Added	36,551	+31	$18,967,775	+4.8%	14	$335.03	2.66%
MRK	Merck & Co., Inc. Healthcare	Added	145,117	+124	$18,647,534	+6.9%	26+	before history	2.62%
WM	Waste Management Inc Industrials	Added	77,738	+66	$17,326,245	−2.9%	26+	before history	2.43%
KLAC	Kla Corp Technology	Added	55,876	+50,293	$16,858,347	+105.1%	16	unpriced	2.37%
UNP	Union Pacific Corp Industrials	Added	60,099	+51	$16,346,928	+12.2%	26+	before history	2.29%
ABT	Abbott Laboratories Healthcare	Added	157,705	+88,880	$14,310,151	+102.5%	26+	before history	2.01%
RSP	Victory Portfolios II	Added	63,624	+3,156	$13,537,278	+16.7%	6	$181.66	1.90%
MA	Mastercard Inc Financial Services	Added	26,328	+15,458	$13,522,060	+149.0%	13	$525.06	1.90%
SHW	Sherwin Williams Co Basic Materials	Added	34,693	+30	$11,945,493	+7.5%	9	$334.67	1.68%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	23,021	+14,226	$11,541,808	+167.0%	26+	before history	1.62%
MCO	Moodys Corp /De/ Financial Services	Added	23,844	+20	$10,799,424	+3.9%	26+	before history	1.52%
KNX	Knight-Swift Transportation Holdings Inc. Industrials	Added	135,932	+116	$10,585,024	+35.4%	26+	before history	1.49%
MSI	Motorola Solutions, Inc. Technology	Added	24,747	+11,737	$10,277,181	+82.0%	21	$339.78	1.44%
ECL	Ecolab Inc. Basic Materials	Added	34,313	+29	$9,559,944	+4.8%	26+	before history	1.34%
VRSK	Verisk Analytics, Inc. Industrials	Added	49,747	+42	$8,931,078	−5.3%	21	$216.74	1.25%
ETN	Eaton Corp plc Industrials	Added	18,920	+11,535	$8,062,190	+205.2%	3	$384.19	1.13%
ENTG	Entegris Inc Technology	NEW	33,595	NEW	$6,042,396	NEW	1	$144.21	0.85%
HD	Home Depot, Inc. Consumer Cyclical	Added	16,596	+14	$5,853,077	+7.3%	26+	before history	0.82%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	37,976	+32	$5,753,364	−5.1%	23	$63.67	0.81%
TRMB	Trimble Inc. Technology	Added	110,361	+94	$5,648,275	−21.5%	24	$55.33	0.79%
NDSN	Nordson Corp Industrials	Added	17,975	+15	$5,422,877	+13.5%	22	$211.01	0.76%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	74,416	-1,312	$5,302,140	+9.3%	26+	before history	0.74%
EPAM	EPAM Systems, Inc. Technology	Added	65,443	+33,868	$5,192,902	+21.5%	12	$159.95	0.73%
SSNC	SS&C Technologies Holdings Inc Technology	Added	76,881	+65	$4,770,466	−8.1%	23	$64.48	0.67%
SYK	Stryker Corp Healthcare	Added	14,119	+12	$4,445,225	−4.1%	26+	before history	0.62%
ZBRA	Zebra Technologies Corp Technology	Added	16,001	+14	$4,212,423	+26.0%	24	$317.98	0.59%
AAPL	Apple Inc. Technology	Reduced	13,605	-20,392	$3,936,742	−54.4%	26+	before history	0.55%
TYL	Tyler Technologies Inc Technology	Added	13,415	+6,948	$3,923,350	+77.2%	10	$370.36	0.55%
ANET	Arista Networks, Inc. Technology	Added	21,747	+19	$3,694,380	+38.5%	5	$87.43	0.52%
PWR	Quanta Services, Inc. Industrials	Reduced	4,935	-10,047	$3,553,397	−56.8%	20	$113.52	0.50%
GOOG	Alphabet Inc. Communication Services	Added	9,499	+8	$3,356,281	+23.3%	26+	before history	0.47%
ADBE	Adobe Inc. Technology	Added	16,069	+14	$3,294,466	−15.6%	26+	before history	0.46%
JPM	Jpmorgan Chase & Co Financial Services	Added	9,917	+650	$3,246,131	+19.1%	26+	before history	0.46%
FBND	Fidelity Total Bond ETF	Added	70,059	+3,641	$3,186,983	+5.2%	21	$46.04	0.45%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	50,305	-819	$3,002,705	+8.7%	26+	before history	0.42%
PCAR	Paccar Inc Industrials	Reduced	21,932	-487	$2,634,471	+1.7%	9	$105.53	0.37%
VUG	VANGUARD GROWTH INDEX FUND	Added	30,055	+24,805	$2,588,937	—	19	unpriced	0.36%

Showing the top 50 of 154 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.