Institutional Manager · CIK 0001092290
NORRIS PERNE & FRENCH LLP/MI
GRAND RAPIDS, MI · File #028-04899
Latest AUM
$1.52B
Positions
163
Top-10 Concentration
41.1%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | BALL CORP COM | BALL | +235,152 | +$12.5M | +$1.2M |
| EXITED | AVANTOR INC COM | 05352A100 | -897,435 | -$11.2M | $0 |
| ADD | VERISK ANALYTICS INCCL A | VRSK | +40,668 | +$9.1M | -$2.5M |
| ADD | NVIDIA CORP | NVDA | +48,523 | +$9.0M | -$1,341 |
| EXITED | KENVUE INC COM | 49177J102 | -531,799 | -$8.6M | $0 |
| ADD | EPAM SYSTEMS INC | EPAM | +39,973 | +$8.2M | +$4.3M |
| NEW | EATON CORP PLC SHS | ETN | +24,781 | +$7.9M | $0 |
| REDUCE | ILLINOIS TOOL WKS INC COM | 452308109 | -29,585 | -$7.3M | -$881,123 |
| ADD | PACCAR INC COM | PCAR | +61,712 | +$6.8M | +$2.9M |
| REDUCE | KLA CORPORATION | KLAC | -4,127 | -$5.0M | +$2.7M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025163 pos · $1.52B
- 13F HOLDINGS REPORTQ/E Sep 2025164 pos · $1.44B
- 13F HOLDINGS REPORTQ/E Jun 2025153 pos · $1.44B
- 13F HOLDINGS REPORTQ/E Mar 2025143 pos · $1.33B
- 13F HOLDINGS REPORTQ/E Dec 2024142 pos · $1.39B
- 13F HOLDINGS REPORTQ/E Sep 2024146 pos · $1.46B
- 13F HOLDINGS REPORTQ/E Jun 2024144 pos · $1.38B
- 13F HOLDINGS REPORTQ/E Mar 2024146 pos · $1.39B
- 13F HOLDINGS REPORTQ/E Dec 2023128 pos · $1.14B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT | MSFT | 227,370 | $110.0M | 7.99% |
| 2 | ALPHABET INC. | GOOG | 260,218 | $81.4M | 5.92% |
| 3 | COHERENT CORP | COHR | 310,425 | $57.3M | 4.17% |
| 4 | AMAZON.COM INC | AMZN | 221,529 | $51.1M | 3.72% |
| 5 | APPLIED MATLS INC COM | 038222105 | 182,823 | $47.0M | 3.42% |
| 6 | BERKSHIRE HATHAWAY INC DEL CL B NEW | BRK-A | 92,206 | $46.3M | 3.37% |
| 7 | VISA INC | V | 131,914 | $46.3M | 3.36% |
| 8 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 874039100 | 150,953 | $45.9M | 3.34% |
| 9 | ISHARES S&P 500 INDEX | 464287200 | 61,169 | $41.9M | 3.05% |
| 10 | JOHNSON & JOHNSON COM | JNJ | 186,600 | $38.6M | 2.81% |
| 11 | BALL CORP COM | BALL | 724,612 | $38.4M | 2.79% |
| 12 | UNION PAC CORP COM | UNP | 153,331 | $35.5M | 2.58% |
| 13 | PACCAR INC COM | PCAR | 318,551 | $34.9M | 2.54% |
| 14 | LINDE PLC SHS | LIN | 81,224 | $34.6M | 2.52% |
| 15 | VERISK ANALYTICS INCCL A | VRSK | 131,304 | $29.4M | 2.14% |
| 16 | MOODYS CORP | MCO | 55,257 | $28.2M | 2.05% |
| 17 | ECOLAB INC COM | ECL | 103,685 | $27.2M | 1.98% |
| 18 | SHERWIN WILLIAMS CO COM | SHW | 82,683 | $26.8M | 1.95% |
| 19 | CHENIERE ENERGY INC COM NEW | LNG | 136,703 | $26.6M | 1.93% |
| 20 | MERCK & CO INC | MRK | 252,162 | $26.5M | 1.93% |