NORRIS PERNE & FRENCH LLP/MI

CIK

1092290

Location

GRAND RAPIDS, MI

Portfolio Value

Small $783,001,340

Diversification

Diversified

Filing Date

Global Rank

#2,026 / 8,607 ▼ 490 · as of Mar 2026

Top Industry

Software - Infrastructure 8.6%

3Y Alpha vs SPY

-6.2%

Period ended 3 months ago

Filed Apr 22, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+50.0%

SPY

+75.9%

Annualised alpha

-6.3%

Max drawdown

−19.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

104 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.5%

+0.3 pts

Top 5

27.8%

+2.0 pts

Top 10

44.4%

+2.7 pts

HHI

317

Diversified+26

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	36.9%	$289,106,313	23
Consumer Cyclical	13.9%	$109,034,302	8
Industrials	13.0%	$101,459,596	23
Healthcare	12.1%	$94,910,450	10
Financial Services	9.3%	$72,829,128	12
Basic Materials	6.8%	$53,279,521	5
Communication Services	6.3%	$49,403,341	5
Consumer Defensive	0.7%	$5,567,135	6
Energy	0.5%	$4,047,039	3
Utilities	0.3%	$2,493,301	7
Unclassified	0.1%	$871,214	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
WM	Waste Management Inc	+64,752	75,250	$17,291,697
NVDA	Nvidia Corp	+17,815	83,043	$14,482,699
DHR	Danaher Corp /De/	+7,936	93,420	$17,712,432
NFLX	Netflix Inc	+3,343	13,223	$1,271,391
BAC	Bank Of America Corp /De/	+2,571	8,086	$394,192
FITB	Fifth Third Bancorp	+2,448	14,544	$675,714
T	At&T Inc.	+2,153	12,577	$364,607
VZ	Verizon Communications Inc	+348	6,181	$310,286
ASML	Asml Holding NV	+55	406	$536,256
GLD	Spdr Gold Trust	+22	1,068	$459,549
SPY	Spdr S&P 500 ETF Trust	+19	633	$411,665
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
FAST	Fastenal Co	−401,365	10,939	$507,569
PCAR	Paccar Inc	−296,132	22,419	$2,589,394
BALL	BALL Corp	−213,398	511,214	$30,217,859
COHR	Coherent Corp.	−151,525	158,900	$37,851,569
KNX	Knight-Swift Transportation Holdings Inc.	−143,677	300,641	$17,310,908
LNG	Cheniere Energy, Inc.	−127,301	9,402	$2,667,911
JNJ	Johnson & Johnson	−125,261	61,339	$14,993,705
TRMB	Trimble Inc.	−112,467	210,486	$13,730,001
GOOGL	Alphabet Inc.	−107,701	152,517	$43,857,788
SSNC	SS&C Technologies Holdings Inc	−81,749	170,585	$11,526,428
AMZN	Amazon Com Inc	−78,910	142,619	$29,703,259
MRK	Merck & Co., Inc.	−78,310	173,852	$20,912,657
AMAT	Applied Materials Inc /De	−69,027	113,796	$38,894,334
UNP	Union Pacific Corp	−61,026	92,305	$22,395,039
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−60,485	90,468	$30,573,660
V	Visa Inc.	−54,528	77,386	$23,389,144
VRSK	Verisk Analytics, Inc.	−51,995	79,309	$15,048,882
MSFT	Microsoft Corp	−47,958	179,412	$66,412,940
BRK-B	Berkshire Hathaway Inc	−45,058	47,148	$22,593,321
SHW	Sherwin Williams Co	−43,272	39,411	$12,633,196
ALSN	Allison Transmission Holdings Inc	−41,614	209,667	$24,543,619
ABT	Abbott Laboratories	−41,413	168,080	$17,256,773
TJX	Tjx Companies Inc /De/	−41,212	73,170	$11,685,249
ECL	Ecolab Inc.	−36,306	67,379	$17,924,161
LIN	Linde PLC	−36,283	44,941	$22,279,950
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
GEV	GE Vernova Inc.	607	$529,850
ALL	Allstate Corp	2,147	$445,158
GE	General Electric Co	1,404	$398,413
WPM	Wheaton Precious Metals Corp.	2,440	$319,664
FE	Firstenergy Corp	4,400	$222,904
MO	Altria Group, Inc.	3,358	$221,594
SHEL	Shell plc	2,342	$217,806
TGB	Trekor Metals Ltd	19,000	$122,550
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
QLYS	Qualys, Inc.	112,826	$14,994,575
ZTS	Zoetis Inc.	63,050	$7,932,951
VERX	Vertex, Inc.	259,854	$5,189,284
CRL	Charles River Laboratories International, Inc.	5,475	$1,092,153
NKE	NIKE, Inc.	13,819	$880,408
APH	Amphenol Corp /De/	5,875	$793,947
CHD	Church & Dwight Co Inc /De/	7,266	$609,254
PAYX	Paychex Inc	5,370	$602,406
COP	Conocophillips	4,756	$445,209
CDW	CDW Corp	3,156	$429,847
GS	Goldman Sachs Group Inc	437	$384,123
CVX	Chevron Corp	2,269	$345,818
HUBB	Hubbell Inc	664	$294,889
QQQ	Invesco Qqq Trust, Series 1	458	$281,353
BR	Broadridge Financial Solutions, Inc.	1,200	$267,804
AMD	Advanced Micro Devices Inc	1,216	$260,418
CCC	CCC Intelligent Solutions Holdings Inc.	32,491	$258,303
FRME	First Merchants Corp	6,834	$256,138
LKQ	Lkq Corp	8,400	$253,680
AON	Aon plc	715	$252,309
MCD	Mcdonalds Corp	805	$246,032
TXN	Texas Instruments Inc	1,363	$236,466
CAT	Caterpillar Inc	400	$229,148
EMR	Emerson Electric Co	1,700	$225,624
ACN	Accenture plc	830	$222,689
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

104 positions · $783,001,340 total · as of Mar 31, 2026

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

Showing 1–50 of 104 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	179,412	-47,958	$66,412,940	−39.6%	8.48%
GOOGL	Alphabet Inc. Communication Services	Reduced	152,517	-107,701	$43,857,788	−46.2%	5.60%
AMAT	Applied Materials Inc /De Technology	Reduced	113,796	-69,027	$38,894,334	−17.2%	4.97%
COHR	Coherent Corp. Technology	Reduced	158,900	-151,525	$37,851,569	−33.9%	4.83%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	90,468	-60,485	$30,573,660	−33.4%	3.90%
BALL	BALL Corp Consumer Cyclical	Reduced	511,214	-213,398	$30,217,859	−21.3%	3.86%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	142,619	-78,910	$29,703,259	−41.9%	3.79%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Reduced	209,667	-41,614	$24,543,619	−0.2%	3.13%
V	Visa Inc. Financial Services	Reduced	77,386	-54,528	$23,389,144	−49.4%	2.99%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	47,148	-45,058	$22,593,321	−51.3%	2.89%
UNP	Union Pacific Corp Industrials	Reduced	92,305	-61,026	$22,395,039	−36.9%	2.86%
LIN	Linde PLC Basic Materials	Reduced	44,941	-36,283	$22,279,950	−35.7%	2.85%
MRK	Merck & Co., Inc. Healthcare	Reduced	173,852	-78,310	$20,912,657	−21.2%	2.67%
ECL	Ecolab Inc. Basic Materials	Reduced	67,379	-36,306	$17,924,161	−34.1%	2.29%
DHR	Danaher Corp /De/ Healthcare	Added	93,420	+7,936	$17,712,432	−9.5%	2.26%
KNX	Knight-Swift Transportation Holdings Inc. Industrials	Reduced	300,641	-143,677	$17,310,908	−25.5%	2.21%
WM	Waste Management Inc Industrials	Added	75,250	+64,752	$17,291,697	+649.7%	2.21%
ABT	Abbott Laboratories Healthcare	Reduced	168,080	-41,413	$17,256,773	−34.3%	2.20%
VRSK	Verisk Analytics, Inc. Industrials	Reduced	79,309	-51,995	$15,048,882	−48.8%	1.92%
JNJ	Johnson & Johnson Healthcare	Reduced	61,339	-125,261	$14,993,705	−61.2%	1.91%
AAPL	Apple Inc. Technology	Reduced	57,382	-29,344	$14,562,977	−38.2%	1.86%
NVDA	Nvidia Corp Technology	Added	83,043	+17,815	$14,482,699	+19.1%	1.85%
TRMB	Trimble Inc. Technology	Reduced	210,486	-112,467	$13,730,001	−45.7%	1.75%
MCO	Moodys Corp /De/ Financial Services	Reduced	30,768	-24,489	$13,422,540	−52.4%	1.71%
SHW	Sherwin Williams Co Basic Materials	Reduced	39,411	-43,272	$12,633,196	−52.8%	1.61%
EPAM	EPAM Systems, Inc. Technology	Reduced	88,752	-31,266	$12,017,020	−51.1%	1.53%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	24,246	-1,707	$11,917,636	−20.8%	1.52%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	73,170	-41,212	$11,685,249	−33.5%	1.49%
SSNC	SS&C Technologies Holdings Inc Technology	Reduced	170,585	-81,749	$11,526,428	−47.7%	1.47%
MSI	Motorola Solutions, Inc. Technology	Reduced	25,964	-13,277	$11,267,597	−25.1%	1.44%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	33,587	-17,042	$11,046,428	−36.6%	1.41%
SYK	Stryker Corp Healthcare	Reduced	31,544	-14,316	$10,365,042	−35.7%	1.32%
ADBE	Adobe Inc. Technology	Reduced	41,228	-17,151	$10,021,702	−51.0%	1.28%
NDSN	Nordson Corp Industrials	Reduced	37,387	-19,918	$9,947,185	−27.8%	1.27%
ZBRA	Zebra Technologies Corp Technology	Reduced	39,640	-15,826	$8,287,931	−38.5%	1.06%
MA	Mastercard Inc Financial Services	Reduced	13,889	-10,165	$6,939,777	−49.5%	0.89%
ETN	Eaton Corp plc Industrials	Reduced	17,766	-7,015	$6,354,365	−19.5%	0.81%
TYL	Tyler Technologies Inc Technology	Reduced	18,230	-577	$6,241,587	−26.9%	0.80%
HUBS	Hubspot Inc Technology	Reduced	23,179	-10,427	$5,657,993	−58.0%	0.72%
PWR	Quanta Services, Inc. Industrials	Reduced	6,584	-33,603	$3,614,747	−78.7%	0.46%
META	Meta Platforms, Inc. Communication Services	Reduced	6,291	-2,744	$3,599,269	−39.6%	0.46%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	9,859	-9,123	$2,900,123	−52.6%	0.37%
ANET	Arista Networks, Inc. Technology	Reduced	21,887	-20,612	$2,687,285	−51.7%	0.34%
LNG	Cheniere Energy, Inc. Energy	Reduced	9,402	-127,301	$2,667,911	−90.0%	0.34%
PCAR	Paccar Inc Industrials	Reduced	22,419	-296,132	$2,589,394	−92.6%	0.33%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	1,971	-2,246	$1,963,963	−46.0%	0.25%
LHX	L3harris Technologies, Inc. /De/ Industrials	Reduced	4,844	-20,514	$1,671,906	−77.5%	0.21%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	10,092	-59	$1,457,688	+0.2%	0.19%
WTFC	Wintrust Financial Corp Financial Services	Reduced	10,169	-639	$1,412,880	−6.5%	0.18%
KLAC	Kla Corp Technology	Reduced	9,273	-6,180	$1,365,365	−27.3%	0.17%