13F HOLDINGS REPORT
ROWLAND & CO INVESTMENT COUNSEL/ADV
Quarter ended Q3 2025 · Filed October 1, 2025 · Accession 0000225816-25-000008
Total Value
$509,118
Positions
187
Other Managers
0
Confidential Omitted
No
Holdings (187)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | APPLE INC COM | AAPL | 135,049 | $34.4M | 6.75% |
| 2 | PROGRESSIVE CORP COM | 743315103 | 106,362 | $26.3M | 5.16% |
| 3 | MICROSOFT CORP COM | MSFT | 48,045 | $24.9M | 4.89% |
| 4 | ALPHABET INC CAP STK CL C | GOOG | 88,207 | $21.5M | 4.22% |
| 5 | WALMART INC COM | WMT | 180,308 | $18.6M | 3.65% |
| 6 | AUTOMATIC DATA PROCESSING INC COM | ADP | 59,362 | $17.4M | 3.42% |
| 7 | COCA COLA CO COM | KO | 209,830 | $13.9M | 2.73% |
| 8 | ELI LILLY & CO COM | LLY | 17,397 | $13.3M | 2.61% |
| 9 | HOME DEPOT INC COM | HD | 31,063 | $12.6M | 2.47% |
| 10 | JOHNSON & JOHNSON COM | JNJ | 66,264 | $12.3M | 2.41% |
| 11 | MCDONALDS CORP COM | MCD | 38,352 | $11.7M | 2.29% |
| 12 | QUALCOMM INC COM | QCOM | 68,411 | $11.4M | 2.24% |
| 13 | ABBVIE INC COM | ABBV | 44,864 | $10.4M | 2.04% |
| 14 | CHUBB LIMITED COM | CB | 35,187 | $9.9M | 1.95% |
| 15 | CUMMINS INC COM | CMI | 23,052 | $9.7M | 1.91% |
| 16 | EXXON MOBIL CORP COM | XOM | 83,090 | $9.4M | 1.84% |
| 17 | VERIZON COMMUNICATIONS INC COM | VZ | 212,581 | $9.3M | 1.84% |
| 18 | TRUIST FINL CORP COM | 89832Q109 | 190,467 | $8.7M | 1.71% |
| 19 | CHEVRON | CVX | 52,504 | $8.2M | 1.60% |
| 20 | JPMORGAN CHASE & CO. COM | VYLD | 25,421 | $8.0M | 1.58% |
| 21 | NVIDIA CORPORATION COM | NVDA | 42,940 | $8.0M | 1.57% |
| 22 | GENUINE PARTS CO COM | GPC | 53,490 | $7.4M | 1.46% |
| 23 | CULLEN FROST BANKERS INC COM | CFR-PB | 53,704 | $6.8M | 1.34% |
| 24 | INTEL CORP COM | INTC | 180,801 | $6.1M | 1.19% |
| 25 | COSTCO WHSL CORP NEW COM | 22160K105 | 5,836 | $5.4M | 1.06% |
| 26 | VERTIV HOLDINGS CO COM CL A | VRT | 35,266 | $5.3M | 1.04% |
| 27 | SYSCO CORP COM | SYY | 59,140 | $4.9M | 0.96% |
| 28 | ZEBRA TECHNOLOGIES CORPORATION CL A | ZBRA | 15,616 | $4.6M | 0.91% |
| 29 | COPART INC COM | CPRT | 101,474 | $4.6M | 0.90% |
| 30 | SUPER MICRO COMPUTER INC COM NEW | SMCI | 95,123 | $4.6M | 0.90% |
| 31 | AMGEN INC COM | AMGN | 15,793 | $4.5M | 0.88% |
| 32 | CINTAS CORP COM | CTAS | 21,410 | $4.4M | 0.86% |
| 33 | INTERDIGITAL INC COM | IDCC | 12,113 | $4.2M | 0.82% |
| 34 | UNITED PARCEL SERVICE INC CL B | UPS | 46,737 | $3.9M | 0.77% |
| 35 | PAYCHEX INC COM | PAYX | 29,771 | $3.8M | 0.74% |
| 36 | CONOCOPHILLIPS COM | COP | 39,867 | $3.8M | 0.74% |
| 37 | PRICE T ROWE GROUP INC COM | TROW | 36,081 | $3.7M | 0.73% |
| 38 | GILEAD SCIENCES INC COM | GILD | 32,871 | $3.6M | 0.72% |
| 39 | WEYERHAEUSER CO MTN BE COM NEW | WY | 147,118 | $3.6M | 0.72% |
| 40 | EMERSON ELEC CO COM | EMR | 26,446 | $3.5M | 0.68% |
| 41 | MERCK & CO INC COM | MRK | 40,333 | $3.4M | 0.66% |
| 42 | WASTE MGMT INC DEL COM | 94106L109 | 14,848 | $3.3M | 0.64% |
| 43 | DUKE ENERGY CORP NEW COM NEW | DUKB | 26,167 | $3.2M | 0.64% |
| 44 | CSX CORP COM | CSX | 87,514 | $3.1M | 0.61% |
| 45 | PACKAGING CORP AMER COM | 695156109 | 14,255 | $3.1M | 0.61% |
| 46 | SKYWORKS SOLUTIONS INC COM | SWKS | 40,101 | $3.1M | 0.61% |
| 47 | AFLAC INC COM | AFL | 27,015 | $3.0M | 0.59% |
| 48 | AMAZON COM INC COM | AMZN | 12,907 | $2.8M | 0.56% |
| 49 | SONOCO PRODS CO COM | 835495102 | 64,734 | $2.8M | 0.55% |
| 50 | KIMBERLY-CLARK CORP COM | KMB | 20,028 | $2.5M | 0.49% |
| 51 | WERNER ENTERPRISES INC COM | WERN | 91,942 | $2.4M | 0.48% |
| 52 | TEXAS INSTRS INC COM | 882508104 | 12,876 | $2.4M | 0.46% |
| 53 | NEXTERA ENERGY INC COM | NEE-PW | 30,432 | $2.3M | 0.45% |
| 54 | ENOVA INTL INC COM | 29357K103 | 19,617 | $2.3M | 0.44% |
| 55 | MEDTRONIC PLC SHS | MDT | 22,633 | $2.2M | 0.42% |
| 56 | BOEING CO COM | BA-PA | 9,960 | $2.1M | 0.42% |
| 57 | PFIZER INC COM | PFE | 82,120 | $2.1M | 0.41% |
| 58 | BIO-TECHNE CORP COM | TECH | 37,380 | $2.1M | 0.41% |
| 59 | INTUITIVE SURGICAL INC COM NEW | ISRG | 4,589 | $2.1M | 0.40% |
| 60 | META PLATFORMS INC CL A | META | 2,756 | $2.0M | 0.40% |
| 61 | PUBLIC STORAGE OPER CO COM | PSA-PS | 6,738 | $1.9M | 0.38% |
| 62 | SNAP ON INC COM | SNA | 5,379 | $1.9M | 0.37% |
| 63 | BLACKROCK INC COM | BLK | 1,574 | $1.8M | 0.36% |
| 64 | DISNEY WALT CO COM | 254687106 | 15,520 | $1.8M | 0.35% |
| 65 | CAPITAL ONE FINL CORP COM | 14040H105 | 8,306 | $1.8M | 0.35% |
| 66 | PHILLIPS 66 COM | PSX | 12,768 | $1.7M | 0.34% |
| 67 | ORACLE CORP COM | ORCL-PD | 5,927 | $1.7M | 0.33% |
| 68 | UNITEDHEALTH GROUP INC COM | UNH | 4,573 | $1.6M | 0.31% |
| 69 | EXPEDITORS INTL WASH INC COM | 302130109 | 12,551 | $1.5M | 0.30% |
| 70 | PROCTER AND GAMBLE CO COM | 742718109 | 9,400 | $1.4M | 0.28% |
| 71 | DIGITAL RLTY TR INC COM | 253868103 | 8,271 | $1.4M | 0.28% |
| 72 | GE AEROSPACE COM NEW | 369604301 | 4,672 | $1.4M | 0.28% |
| 73 | PENTAIR PLC SHS | PNR | 12,654 | $1.4M | 0.28% |
| 74 | BERKSHIRE HATHAWAY INC DEL CL B NEW | BRK-A | 2,700 | $1.4M | 0.27% |
| 75 | STARBUCKS CORP COM | SBUX | 14,874 | $1.3M | 0.25% |
| 76 | DEVON ENERGY CORP NEW COM | 25179M103 | 34,841 | $1.2M | 0.24% |
| 77 | WEC ENERGY GROUP INC COM | WEC | 10,544 | $1.2M | 0.24% |
| 78 | SOUTHERN CO COM | SOMN | 12,734 | $1.2M | 0.24% |
| 79 | ILLINOIS TOOL WKS INC COM | 452308109 | 4,402 | $1.1M | 0.23% |
| 80 | RENAISSANCERE HLDGS LTD COM | RNR-PG | 4,446 | $1.1M | 0.22% |
| 81 | ROSS STORES INC COM | ROST | 7,406 | $1.1M | 0.22% |
| 82 | VANGUARD TOTAL STOCK MARKET ETF | 922908769 | 3,305 | $1.1M | 0.21% |
| 83 | GENTEX CORP COM | GNTX | 35,788 | $1.0M | 0.20% |
| 84 | BROWN FORMAN CORP CL B | BF-B | 35,691 | $966,512 | 0.19% |
| 85 | NETFLIX INC COM | NFLX | 785 | $941,152 | 0.18% |
| 86 | TELEFLEX INCORPORATED COM | TFX | 7,169 | $877,198 | 0.17% |
| 87 | HONEYWELL INTL INC COM | 438516106 | 4,129 | $869,319 | 0.17% |
| 88 | ULTA BEAUTY INC COM | ULTA | 1,567 | $856,757 | 0.17% |
| 89 | LULULEMON ATHLETICA INC COM | LULU | 4,775 | $849,615 | 0.17% |
| 90 | INTERNATIONAL BUSINESS MACHS COM | INTR | 2,792 | $787,790 | 0.15% |
| 91 | FASTENAL CO COM | FAST | 14,704 | $721,084 | 0.14% |
| 92 | GE VERNOVA INC COM | GEV | 1,170 | $719,482 | 0.14% |
| 93 | VANGUARD GROWTH ETF | 922908736 | 1,459 | $699,750 | 0.14% |
| 94 | VANGUARD TOTAL STOCK MKT IDX ADM | 922908728 | 4,363 | $697,127 | 0.14% |
| 95 | TARGET CORP COM | TGT | 7,746 | $694,816 | 0.14% |
| 96 | SPDR S&P 500 ETF TRUST | SPY | 985 | $656,238 | 0.13% |
| 97 | MUELLER INDS INC COM | 624756102 | 5,990 | $605,648 | 0.12% |
| 98 | BANK MONTREAL QUE COM | 063671101 | 4,476 | $582,999 | 0.11% |
| 99 | WESTERN UN CO COM | WU | 71,955 | $574,926 | 0.11% |
| 100 | CHURCH & DWIGHT CO INC COM | CHD | 6,488 | $568,543 | 0.11% |
| 101 | DOMINION ENERGY INC COM | D | 9,165 | $560,644 | 0.11% |
| 102 | ACUITY INC COM | AYI | 1,553 | $534,837 | 0.11% |
| 103 | ALPHABET INC CAP STK CL A | GOOG | 2,155 | $523,880 | 0.10% |
| 104 | ZOETIS INC CL A | ZTS | 3,493 | $511,095 | 0.10% |
| 105 | MASCO CORP COM | MAS | 6,938 | $488,374 | 0.10% |
| 106 | RTX CORPORATION COM | RTX | 2,828 | $473,355 | 0.09% |
| 107 | EVEREST GROUP LTD COM | EG | 1,315 | $460,552 | 0.09% |
| 108 | HODGES SMALL CAP GROWTH RETAIL | 664925203 | 21,105 | $459,669 | 0.09% |
| 109 | SCHWAB TARGET 2050 INDEX | 80850L783 | 21,035 | $454,566 | 0.09% |
| 110 | T-MOBILE US INC COM | TMUSZ | 1,895 | $453,625 | 0.09% |
| 111 | SHERWIN WILLIAMS CO COM | SHW | 1,258 | $435,595 | 0.09% |
| 112 | SMUCKER J M CO COM NEW | 832696405 | 3,968 | $430,924 | 0.08% |
| 113 | MARATHON PETE CORP COM | MARA | 2,222 | $428,268 | 0.08% |
| 114 | AIR PRODS & CHEMS INC COM | AIIR | 1,533 | $418,230 | 0.08% |
| 115 | HORMEL FOODS CORP COM | HRL | 16,187 | $400,466 | 0.08% |
| 116 | DIMENSIONAL U.S. TARGETED VALUE ETF | 25434V609 | 6,748 | $392,801 | 0.08% |
| 117 | CHIPOTLE MEXICAN GRILL INC COM | CMG | 10,019 | $392,644 | 0.08% |
| 118 | EOG RES INC COM | EOG | 3,480 | $390,177 | 0.08% |
| 119 | AT&T INC COM | T-PC | 13,768 | $388,819 | 0.08% |
| 120 | CONSOLIDATED EDISON INC COM | ED | 3,792 | $381,171 | 0.07% |
| 121 | ISHARES CORE MSCI EAFE ETF | 46432F842 | 4,358 | $380,496 | 0.07% |
| 122 | COMPOSECURE INC COM CL A | 20459V105 | 18,025 | $375,280 | 0.07% |
| 123 | FAIR ISAAC CORP COM | FICO | 250 | $374,132 | 0.07% |
| 124 | FIDELITY INTERNATIONAL INDEX | 315911727 | 6,152 | $369,046 | 0.07% |
| 125 | MCCORMICK & CO INC COM NON VTG | MKC-V | 5,501 | $368,138 | 0.07% |
| 126 | ISHARES MSCI USA MIN VOL FACTOR ETF | 46429B697 | 3,632 | $345,548 | 0.07% |
| 127 | CF INDS HLDGS INC COM | 125269100 | 3,830 | $343,551 | 0.07% |
| 128 | VANGUARD VALUE ETF | 922908744 | 1,833 | $341,836 | 0.07% |
| 129 | ESSENTIAL UTILS INC COM | 29670G102 | 8,345 | $332,992 | 0.07% |
| 130 | ISHARES CORE MSCI EMERGING MARKETS ETF | 46434G103 | 4,639 | $305,802 | 0.06% |
| 131 | NUCOR CORP COM | NUE | 2,238 | $303,092 | 0.06% |
| 132 | COLGATE PALMOLIVE CO COM | CL | 3,562 | $284,746 | 0.06% |
| 133 | F5 INC COM | FFIV | 880 | $284,407 | 0.06% |
| 134 | ABBOTT LABS COM | ABLZF | 2,116 | $283,417 | 0.06% |
| 135 | PEPSICO INC COM | PEP | 2,015 | $282,986 | 0.06% |
| 136 | METLIFE INC PFD A FLT RATE | MET-PF | 10,800 | $259,632 | 0.05% |
| 137 | BROADCOM INC COM | AVGO | 785 | $258,979 | 0.05% |
| 138 | SCHWAB S&P 500 INDEX | 808509855 | 14,376 | $248,289 | 0.05% |
| 139 | DIMENSIONAL US MARKETWIDE VALUE ETF | 25434V724 | 5,537 | $247,448 | 0.05% |
| 140 | DIMENSIONAL U.S. EQUITY MARKET ETF | 25434V401 | 3,370 | $244,122 | 0.05% |
| 141 | TESLA INC COM | TSLA | 540 | $240,148 | 0.05% |
| 142 | CORNING INC COM | GLW | 2,860 | $234,605 | 0.05% |
| 143 | VISA INC COM CL A | V | 664 | $226,899 | 0.04% |
| 144 | MPLX LP COM UNIT REP LTD | MPLXP | 4,494 | $224,484 | 0.04% |
| 145 | BROADSTONE NET LEASE INC COM | BNL | 11,904 | $212,724 | 0.04% |
| 146 | CATERPILLAR INC COM | CAT | 431 | $205,795 | 0.04% |
| 147 | CISCO SYS INC COM | CSCO | 2,999 | $205,191 | 0.04% |
| 148 | NORFOLK SOUTHN CORP COM | 655844108 | 676 | $203,077 | 0.04% |
| 149 | ADVANCED MICRO DEVICES INC COM | AMD | 1,230 | $199,001 | 0.04% |
| 150 | ALTRIA GROUP INC COM | MO | 2,932 | $193,687 | 0.04% |
| 151 | RPM INTL INC COM | 749685103 | 1,642 | $193,653 | 0.04% |
| 152 | FACTSET RESH SYS INC COM | 303075105 | 670 | $191,948 | 0.04% |
| 153 | LOCKHEED MARTIN CORP COM | LMT | 382 | $190,698 | 0.04% |
| 154 | BANK NEW YORK MELLON CORP COM | 064058100 | 1,678 | $182,834 | 0.04% |
| 155 | COMMERCE BANCSHARES INC COM | CBSH | 3,022 | $180,594 | 0.04% |
| 156 | VANGUARD FTSE DEVELOPED MARKETS ETF | 921943858 | 3,000 | $179,760 | 0.04% |
| 157 | INVESCO QQQ TRUST SERIES I | IVZ | 288 | $172,906 | 0.03% |
| 158 | IONQ INC COM | IONQ-WT | 2,656 | $163,344 | 0.03% |
| 159 | BIO RAD LABS INC CL A | 090572207 | 565 | $158,420 | 0.03% |
| 160 | MANULIFE FINL CORP COM | 56501R106 | 5,063 | $157,712 | 0.03% |
| 161 | WHIRLPOOL CORP COM | WHR-PA | 2,005 | $157,593 | 0.03% |
| 162 | MASTERCARD INCORPORATED CL A | MA | 270 | $153,578 | 0.03% |
| 163 | JABIL INC COM | JBL | 700 | $152,019 | 0.03% |
| 164 | MICRON TECHNOLOGY INC COM | MU | 905 | $151,424 | 0.03% |
| 165 | VANGUARD 500 INDEX ADMIRAL | 922908710 | 244 | $150,949 | 0.03% |
| 166 | ISHARES CORE DIVIDEND GROWTH ETF | 46434V621 | 2,215 | $150,797 | 0.03% |
| 167 | DIMENSIONAL U.S. CORE EQUITY 2 ETF | 25434V708 | 3,879 | $149,613 | 0.03% |
| 168 | VANGUARD S&P 500 ETF | 922908363 | 238 | $146,257 | 0.03% |
| 169 | AMCOR PLC ORD | AMCCF | 17,286 | $141,399 | 0.03% |
| 170 | TECHTRONIC INDS LTD SPONSORED ADR | 87873R101 | 2,200 | $140,459 | 0.03% |
| 171 | SCHWAB CHARLES CORP COM | SCHW-PJ | 1,435 | $136,999 | 0.03% |
| 172 | AMERICAN ELEC PWR CO INC COM | 025537101 | 1,208 | $135,900 | 0.03% |
| 173 | PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF | 74348A467 | 1,265 | $130,443 | 0.03% |
| 174 | ROPER TECHNOLOGIES INC COM | ROP | 260 | $129,659 | 0.03% |
| 175 | ENBRIDGE INC COM | ENNPF | 2,551 | $128,723 | 0.03% |
| 176 | THERMO FISHER SCIENTIFIC INC COM | TMO | 264 | $128,045 | 0.03% |
| 177 | NORTHROP GRUMMAN CORP COM | NOC | 210 | $127,957 | 0.03% |
| 178 | DTE ENERGY CO COM | DTK | 897 | $126,862 | 0.02% |
| 179 | MARTIN MARIETTA MATLS INC COM | 573284106 | 200 | $126,056 | 0.02% |
| 180 | PARKER-HANNIFIN CORP COM | PH | 165 | $125,094 | 0.02% |
| 181 | BWX TECHNOLOGIES INC COM | BWXT | 670 | $123,527 | 0.02% |
| 182 | ROYAL BK CDA COM | 780087102 | 807 | $118,887 | 0.02% |
| 183 | CELESTICA INC COM | CLS | 450 | $110,871 | 0.02% |
| 184 | SPDR PORTFOLIO S&P 500 GROWTH ETF | 78464A409 | 1,043 | $109,050 | 0.02% |
| 185 | ISHARES RUSSELL 3000 ETF | 464287689 | 285 | $107,997 | 0.02% |
| 186 | RESOLUTE HLDGS MGMT INC COM | 76134H101 | 1,417 | $102,236 | 0.02% |
| 187 | DEERE & CO COM | DE | 219 | $100,566 | 0.02% |