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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

KELLY LAWRENCE W & ASSOCIATES INC/CA

Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0000920441-25-000007

Total Value
$381.6M
Positions
219
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (219)

#IssuerTicker / CUSIPSharesValue% of Filing
1Costco Wholesale22160K10524,144$23.9M6.26%
2Apple, Inc.AAPL114,503$23.5M6.16%
3Advanced Micro Devices ComAMD163,700$23.2M6.09%
4Alphabet Inc Cap Stk Cl AGOOG121,802$21.5M5.63%
5HIMS & HERS Health Inc Com CLHIMS344,505$17.2M4.50%
6Capital One Finl Corp14040H10580,005$17.0M4.46%
7Broadridge Financial Solutions11133T10368,397$16.6M4.36%
8Intercontinental Exchange Grou45866F10489,188$16.4M4.29%
9Fiserv Inc ComFISV88,380$15.2M3.99%
10Visa Inc Cl AV42,417$15.1M3.95%
11Roper Technologies IncROP26,032$14.8M3.87%
12Generac Hldgs Inc.GNRC94,137$13.5M3.53%
13Amazon Com Inc ComAMZN52,320$11.5M3.01%
14Unitedhealth Group Inc.UNH36,305$11.3M2.97%
15Danaher Corp Del COM23585110250,099$9.9M2.59%
16CoStar Group Inc.CSGP112,607$9.1M2.37%
17Adobe Sys Inc ComADBE21,304$8.2M2.16%
18Johnson & JohnsonJNJ53,864$8.2M2.16%
19Pepsico IncPEP57,019$7.5M1.97%
20Alphabet Inc Cap Stk Cl CGOOG38,414$6.8M1.79%
21Applied Materials Inc.03822210531,313$5.7M1.50%
22AFLAC Inc.AFL47,411$5.0M1.31%
23Home Depot IncHD12,477$4.6M1.20%
24Woodward IncWWD16,204$4.0M1.04%
25Cisco SystemsCSCO50,312$3.5M0.91%
26Microsoft CorpMSFT6,710$3.3M0.87%
27Salesforce.com IncCRM10,626$2.9M0.76%
28Procter & Gamble Co.74271810916,216$2.6M0.68%
29Chevron CorpCVX13,967$2.0M0.52%
30JG Boswell Co1012051023,447$1.9M0.49%
31JPMorgan Chase & CoVYLD6,203$1.8M0.47%
32Shell PLC Spons ADSRYDAF24,423$1.7M0.45%
33Rithm Capital Corp 7.125 Pfd SRITM-PF62,291$1.6M0.42%
34Verisign Inc. Com.VRSN4,995$1.4M0.38%
35Charles Schwab Corp (New)SCHW-PJ14,907$1.4M0.36%
36Hexcel Corp42829110822,156$1.3M0.33%
37Procter & Gamble Co.7427181097,784$1.2M0.33%
38Intercontinental Exchange Grou45866F1046,650$1.2M0.32%
39AbbVie Inc.ABBV6,562$1.2M0.32%
40Fiserv Inc ComFISV6,975$1.2M0.32%
41Exxon Mobil CorpXOM11,083$1.2M0.31%
42Visa Inc Cl AV3,350$1.2M0.31%
43Roper Technologies IncROP1,925$1.1M0.29%
44AT&T Inc 5 Dep Rep Pfd Ser AT-PC46,900$944,0970.25%
45Apple, Inc.AAPL4,560$935,5750.25%
46Wells Fargo & Co New Perp Pfd949746804777$911,5280.24%
47Chevron CorpCVX6,333$906,8220.24%
48Generac Hldgs Inc.GNRC6,200$887,9020.23%
49Alphabet Inc Cap Stk Cl AGOOG4,825$850,3100.22%
50Capital One Finl Corp DP Shs P14040H82445,000$849,1500.22%
51Amazon Com Inc ComAMZN3,825$839,1670.22%
52Edwards Lifesciences Inc.EW10,525$823,1600.22%
53JPMorgan Chase & CoVYLD2,700$782,7570.21%
54Unitedhealth Group Inc.UNH2,485$775,2450.20%
55AGNC Invt Corp 6.5 Pfd Ser E00123Q80729,024$737,2100.19%
56WalMart IncWMT7,500$733,3500.19%
57CoStar Group Inc.CSGP9,025$725,6100.19%
58Int'l Bus MachINTR2,408$709,8300.19%
59Nestle SA Spons ADR (For Reg)6410694067,119$705,0140.18%
60Berkshire Hathaway Cl BBRK-A1,389$674,7350.18%
61Gilead Sciences Inc.GILD5,694$631,2940.17%
62Advanced Micro Devices ComAMD4,250$603,0750.16%
63Danaher Corp Del COM2358511023,025$597,5580.16%
64Kimco Realty Corp Com49446R10928,350$595,9170.16%
65Costco Wholesale22160K105590$584,0650.15%
66Broadridge Financial Solutions11133T1032,350$571,1200.15%
67Adobe Sys Inc ComADBE1,455$562,9100.15%
68Bank of America Corp06050510411,846$560,5530.15%
69AbbVie Inc.ABBV2,975$552,2190.14%
70Deere & Co.DE1,075$546,6270.14%
71Rithm Capital Corp 7.0 RT RESTRITM-PF21,200$507,5280.13%
72Pepsico IncPEP3,800$501,7520.13%
73Coca Cola CoKO6,931$490,3410.13%
74HIMS & HERS Health Inc Com CLHIMS9,550$476,0670.12%
75Woodward IncWWD1,900$465,6710.12%
76Abbott LabsABLZF3,110$422,9910.11%
77ConocoPhillips ComCOP4,529$406,4320.11%
78AT&T IncT-PC13,606$393,7580.10%
79Amgen, Inc. ComAMGN1,398$390,3360.10%
80Abbott LabsABLZF2,800$380,8280.10%
81Caterpillar IncCAT979$380,0580.10%
82Johnson & JohnsonJNJ2,425$370,4190.10%
83Applied Materials Inc.0382221052,000$366,1400.10%
84Ford Mtr 6.20 Pfd Due 06/01/2034537084516,900$358,9560.09%
85Wells Fargo Co New Com9497461014,400$352,5280.09%
86Boeing Co Conv Pfd ABA-PA4,800$327,5520.09%
87Home Depot IncHD875$320,8100.08%
88Avery Dennison Corp.AVY1,800$315,8460.08%
89Honeywell Intl Inc4385161061,355$315,5520.08%
90Albemarle Corp.ALB-PA4,782$299,6880.08%
91Albemarle Corp 7.25 Pfd Ser AALB-PA9,155$294,5160.08%
92Salesforce.com IncCRM1,050$286,3240.08%
93Hexcel Corp4282911084,900$276,8010.07%
94Vertex Pharmaceuticals ComVRTX605$269,3460.07%
95Vanguard SP500 Growth ETF921932505665$263,6990.07%
96AT&T Inc 5 Dep Rep Pfd Ser AT-PC12,400$249,6120.07%
97GE AerospaceGE949$244,2630.06%
98Rithm Capital Corp 7.0 RT RESTRITM-PF10,000$239,4000.06%
99McDonalds CorpMCD797$232,9560.06%
100Pfizer IncPFE9,130$221,3110.06%
101Atlanticus Holdings Co Pfd NTATLCZ8,578$214,8790.06%
102Amer States Water Co0298991012,780$213,1150.06%
103Dow IncDOW8,007$212,0250.06%
104Phillips 66 ComPSX1,758$209,7290.05%
105Intel CorpINTC9,185$205,7440.05%
106Norfolk Southern Corp655844108800$204,7760.05%
107Thermo Fisher ScientificTMO500$202,7300.05%
108Lilly Eli & Co ComLLY247$192,8930.05%
109Whirlpool CorpWHR-PA1,750$177,4850.05%
110Int'l Bus MachINTR600$176,8680.05%
111McKesson CorpMCK240$175,8670.05%
112Capital One Finl Corp14040H105775$164,8890.04%
113American Tower Corp NE Com03027X100745$164,6600.04%
114Zoetis Inc Cl AZTS1,028$160,3170.04%
115Cisco SystemsCSCO2,250$156,1050.04%
116Raytheon TechRTX1,050$153,3210.04%
1173M Co.MMM1,000$152,2400.04%
118Tesla Inc ComTSLA450$142,9470.04%
119GE AerospaceGE545$140,2780.04%
120Regeneron Pharmaceutical ComREGN263$138,0750.04%
121Rithm Capital Corp 7.125 Pfd SRITM-PF5,200$132,2360.03%
122AT&T IncT-PC4,500$130,2300.03%
123Wells Fargo & Co New Perp Pfd949746804110$129,0450.03%
124AG Mortgage Inv Tr 8 Pfd Ser B0012283036,105$127,7470.03%
125GE Vernova IncGEV237$125,4090.03%
126BXP IncBXP1,850$124,8190.03%
127Avery Dennison Corp.AVY700$122,8290.03%
128Verizon CommunicationsVZ2,807$121,4590.03%
129Lumentum Holdings Inc. ComLITE1,240$117,8740.03%
130State Street CorpSTT-PG1,050$111,6570.03%
131Emerson Elec CoEMR800$106,6640.03%
1323M Co.MMM649$98,8040.03%
133NextEra Energy IncNEE-PW1,400$97,1880.03%
134Schlumberger LtdSLB2,804$94,7750.02%
135Mattel Inc ComMAT4,800$94,6560.02%
136Pennymac Mtg Invt Tr Pfd Ser A70931T3014,000$93,9980.02%
137BYD Co Ltd Shs HBYDDF6,000$93,6000.02%
138AG Mortgage Inv Tr 8 Pfd Ser B0012283034,000$83,7000.02%
139Unum Group ComUNMA1,000$80,7600.02%
140Nestle SA Spons ADR (For Reg)641069406750$74,2750.02%
141Meta Platforms, Inc Cl AMETA100$73,8090.02%
142Take-Two Interactive S ComTTWO300$72,8550.02%
143GE Vernova IncGEV136$71,9640.02%
144Honeywell Intl Inc438516106300$69,8640.02%
145Gilead Sciences Inc.GILD600$66,5220.02%
146Rithm Capital Corp 7.125 Pfd SRITM-PF2,700$66,1500.02%
147Energy Transfer L P Com UT LtdET-PI3,600$65,2680.02%
148CSX CorpCSX1,950$63,6280.02%
149American Tower Corp NE Com03027X100275$60,7800.02%
150Whirlpool CorpWHR-PA580$58,8240.02%
151AGNC Invt Corp 6.5 Pfd Ser E00123Q8072,300$58,4200.02%
152Camden Property Trust133131102500$56,3450.01%
153TJX Cos Inc872540109455$56,1880.01%
154Blackrock IncBLK53$55,6100.01%
155Medtronic PLC ShsMDT600$52,3020.01%
156Verizon CommunicationsVZ1,200$51,9240.01%
157Dow IncDOW1,949$51,6100.01%
158Rithm Capital CorpRITM-PF4,500$50,8050.01%
159Microsoft CorpMSFT100$49,7410.01%
160ReInsurance Group Amer759351604250$49,5900.01%
161Franco Nevada CorpFNV300$49,1760.01%
162Ford Mtr 6.20 Pfd Due 06/01/203453708452,300$48,8520.01%
163Automatic Data Processing IncADP153$47,1850.01%
164Annaly Capital Mgmt 6.95 Pfd S0357108701,800$45,5400.01%
165California Wtr Svc Group1307881021,000$45,4800.01%
166Capital One Finl Corp DP Shs P14040H8242,400$45,2880.01%
167AFLAC Inc.AFL400$42,1840.01%
168TE Connectivity PLC Ord ShsTEL240$40,4810.01%
169Crown Castle Intl CorpCCI380$39,0370.01%
170AGNC Invt Corp 7 Pfd Ser C00123Q5001,500$38,4820.01%
171Annaly Capital Mgmt 6.95 Pfd S0357108701,500$37,9500.01%
172Disney Walt Co Del254687106300$37,2030.01%
173Starbucks CorpSBUX400$36,6520.01%
174Bank of New York Mellon064058100400$36,4440.01%
175AG Mortgage Inv Tr 8.25 Pfd Se0012282041,700$36,2100.01%
176Intel CorpINTC1,600$35,8400.01%
177Philip Morris Intl Inc Com718172109190$34,6050.01%
178Sibanye-Stillwater LTD Spons ASBYSF4,547$32,8290.01%
179Novo-Nordisk A/S ADRNONOF450$31,0590.01%
180Accenture PLC Ireland Cl A ShsACN100$29,8890.01%
181Union Pac CorpUNP124$28,5300.01%
182Air Prod & ChemicalsAIIR100$28,2060.01%
183Warner Bros Discovery Com SerWBD2,322$26,6100.01%
184GE HealthCare TechGEHC316$23,4060.01%
185Becton Dickinson & CoBDX135$23,2540.01%
186Halliburton CoHAL1,080$22,0100.01%
187Kraft Heinz Co CommKHC850$21,9470.01%
188Solventum CorpSOLV274$20,7800.01%
189Mattel Inc ComMAT1,000$19,7200.01%
190NextEra Energy IncNEE-PW260$18,0490.00%
191Etsy Inc ComETSY350$17,5560.00%
192Digital Rlty Tr Inc Com253868103100$17,4330.00%
193V F CorpVFC1,475$17,3310.00%
194Electronic Arts IncEA106$16,9280.00%
195Pinterest Inc Cl APINS400$14,3440.00%
196Viatris IncVTRS1,567$13,9930.00%
197Anheuser Busch Inbev S SponsorBUDFF200$13,7440.00%
198Tredegar Corp.TG1,455$12,8040.00%
199Kontoor Brands IncKTB189$12,4680.00%
200Hewlett Packard Enterp ComHPE-PC600$12,2700.00%
201Exact Sciences Corp.30063P105200$10,6280.00%
202Nike, Inc. Cl BNKE125$8,8800.00%
203Fiverr Intl LTDM4R82T106250$7,3320.00%
204Zoetis Inc Cl AZTS47$7,3300.00%
205Littelfuse IncLFUS30$6,8020.00%
206GE HealthCare TechGEHC91$6,7400.00%
207Viatris IncVTRS677$6,0460.00%
208Atlanticus Holdings Co Pfd NTATLCZ200$5,0100.00%
209Panasonic Hldgs Corp Unspons A69832A304465$5,0070.00%
210TC Energy Corp. ComTRPRF100$4,8790.00%
211Atkore Inc.ATKR60$4,2330.00%
212Teledyne TechnologiesTDY8$4,0980.00%
213QUALCOMM IncQCOM25$3,9810.00%
214Taiwan Semiconductor ADR87403910010$2,2650.00%
215Resideo Technologies IncREZI66$1,4560.00%
216Apache CorpAPA60$1,0970.00%
217DXC Technology CoDXC51$7800.00%
218South Bow CorpSOBO20$5180.00%
219Garrett Motion IncGTX40$4200.00%