NORRIS PERNE & FRENCH LLP/MI

CIK

1092290

Location

GRAND RAPIDS, MI

Portfolio Value

Micro $53,279,521

Diversification

Diversified

Filing Date

Global Rank

#2,014 / 8,586 ▼ 493

Top Industry

Software - Infrastructure 8.4%

3Y Alpha vs SPY

-6.9%

Period ended 3 months ago

Filed Apr 22, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+49.3%

SPY

+78.1%

Annualised alpha

-6.9%

Max drawdown

−19.2%

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

8.4%

+0.3 pts

Top 5

27.4%

+1.9 pts

Top 10

43.8%

+2.5 pts

HHI

311

Diversified+24

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	37.9%	$301,394,605	23
Consumer Cyclical	13.7%	$109,034,302	8
Industrials	12.8%	$101,459,596	23
Healthcare	11.9%	$94,910,450	10
Financial Services	9.2%	$72,829,128	12
Basic Materials	6.7%	$53,279,521	5
Communication Services	6.2%	$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	Taseko Mines 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

5 positions · $53,279,521 total · Basic Materials only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LIN	Linde PLC Basic Materials	Reduced	44,941	-36,283	$22,279,950	−35.7%	41.82%
ECL	Ecolab Inc. Basic Materials	Reduced	67,379	-36,306	$17,924,161	−34.1%	33.64%
SHW	Sherwin Williams Co Basic Materials	Reduced	39,411	-43,272	$12,633,196	−52.8%	23.71%
WPM	Wheaton Precious Metals Corp. Basic Materials	NEW	2,440	NEW	$319,664	NEW	0.60%
TGB	Taseko Mines Ltd Basic Materials	NEW	19,000	NEW	$122,550	NEW	0.23%