NORRIS PERNE & FRENCH LLP/MI

Other Low signal CIK 1092290
League rank
#629
in Other · #2697 overall
Long book
$2.05B
Q1 2026
Positions
157
Top-10 weight
54%
concentration
Last quarter
+18.6%
SPY +18.6%
Turnover
20%
of book per quarter

Strategy in plain words

auto-generated from filings

NORRIS PERNE & FRENCH LLP/MI is an institutional manager, running a $2.05B US long book across 157 positions.

The portfolio is concentrated: the top 10 names carry 54% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: NPF CORE EQUITY ETF, MICROSOFT CORP, ALPHABET INC-CL A, COHERENT CORP, APPLIED MATERIALS INC.

Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.1%
Q2 2024
+5.4%
Q3 2024
-0.6%
Q4 2024
-4.5%
Q1 2025
+7.0%
Q2 2025
+4.2%
Q3 2025
+4.1%
Q4 2025
-0.8%
Q1 2026
+18.6%

Sector allocation

Technology
36%
Industrials
18%
Other
12%
Healthcare
9%
Consumer discretionary
8%
Services media
6%
Financials
4%
Utilities
3%

Long book by quarter

$1.39B
Q1 2024
$1.38B
Q2 2024
$1.46B
Q3 2024
$1.39B
Q4 2024
$1.33B
Q1 2025
$1.44B
Q2 2025
$1.44B
Q3 2025
$1.52B
Q4 2025
$2.05B
Q1 2026

What does NORRIS PERNE own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology319.4K$118.2M5.8%+40.5%
GOOGL ALPHABET INC-CL ATechnology253.2K$72.8M3.5%-2.7%
COHR COHERENT CORPOther264.0K$62.9M3.1%-15.0%
AMAT APPLIED MATERIALS INCTechnology178.7K$61.1M3.0%-2.2%
BALL BALL CORPIndustrials986.3K$58.3M2.8%+36.1%
ALSN ALLISON TRANSMISSION HOLDINGIndustrials404.6K$47.4M2.3%+61.0%
AMZN AMAZON.COM INCConsumer discretionary215.3K$44.8M2.2%-2.8%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials91.8K$44.0M2.1%-0.5%
LIN LINDE PLCMaterials81.5K$40.4M2.0%+0.3%
V VISA INC-CLASS A SHARESServices media133.1K$40.2M2.0%+0.9%
MRK MERCK & CO. INC.Healthcare318.8K$38.4M1.9%+26.4%
UNP UNION PACIFIC CORPIndustrials152.4K$37.0M1.8%-0.6%
DHR DANAHER CORPTechnology186.6K$35.4M1.7%+118.2%
JNJ JOHNSON & JOHNSONHealthcare144.0K$35.2M1.7%-22.8%
WM WASTE MANAGEMENT INCUtilities152.9K$35.1M1.7%+1356.7%
NVDA NVIDIA CORPTechnology195.0K$34.0M1.7%+199.0%
ECL ECOLAB INCOther101.7K$27.0M1.3%-2.0%
KNX KNIGHT-SWIFT TRANSPORTATIONIndustrials436.5K$25.1M1.2%-1.8%
VRSK VERISK ANALYTICS INCTechnology129.0K$24.5M1.2%-1.7%
ABT ABBOTT LABORATORIESHealthcare236.9K$24.3M1.2%+13.1%
MCO MOODY'S CORPServices media54.6K$23.8M1.2%-1.2%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary74.1K$23.7M1.2%-10.4%
AAPL APPLE INCTechnology91.4K$23.2M1.1%+5.4%
KLAC KLA CORPOther14.9K$21.9M1.1%-3.9%
TRMB TRIMBLE INCOther320.8K$20.9M1.0%-0.7%
TJX TJX COMPANIES INCConsumer discretionary111.1K$17.7M0.9%-2.9%
MSI MOTOROLA SOLUTIONS INCTechnology39.0K$16.9M0.8%-0.7%
SSNC SS&C TECHNOLOGIES HOLDINGSTechnology247.4K$16.7M0.8%-2.0%
HD HOME DEPOT INCConsumer discretionary50.2K$16.5M0.8%-0.9%
EPAM EPAM SYSTEMS INCTechnology120.3K$16.3M0.8%+0.3%
TMO THERMO FISHER SCIENTIFIC INCOther33.0K$16.2M0.8%+27.3%
SYK STRYKER CORPHealthcare45.7K$15.0M0.7%-0.5%
NDSN NORDSON CORPIndustrials55.3K$14.7M0.7%-3.4%
ADBE ADOBE INCTechnology57.3K$13.9M0.7%-1.9%
MA MASTERCARD INC - AServices media24.8K$12.4M0.6%+2.9%
PWR QUANTA SERVICES INCIndustrials21.6K$11.8M0.6%-46.3%
ZBRA ZEBRA TECHNOLOGIES CORP-CL AIndustrials55.6K$11.6M0.6%+0.3%
ETN EATON CORP PLCIndustrials25.2K$9.0M0.4%+1.5%
TYL TYLER TECHNOLOGIES INCTechnology24.7K$8.5M0.4%+31.3%
HUBS HUBSPOT INCTechnology34.1K$8.3M0.4%+1.3%
GOOG ALPHABET INC-CL CTechnology21.9K$6.3M0.3%+3.5%
JPM JPMORGAN CHASE & COFinancials19.1K$5.6M0.3%+0.8%
LNG CHENIERE ENERGY INCUtilities19.4K$5.5M0.3%-85.8%
META META PLATFORMS INC-CLASS ATechnology9.5K$5.4M0.3%+4.7%
ANET ARISTA NETWORKS INCTechnology43.6K$5.4M0.3%+2.6%
WFC 7.5 PERP L WELLS FARGO & COMPANY3.5K$4.1M0.2%-6.8%
ITW ILLINOIS TOOL WORKSIndustrials14.5K$3.8M0.2%-53.8%
PCAR PACCAR INCIndustrials22.4K$2.6M0.1%-93.0%
ZTS ZOETIS INCHealthcare17.7K$2.1M0.1%-71.9%
COST COSTCO WHOLESALE CORPConsumer discretionary2.0K$2.0M0.1%-53.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ANEW HOLDINGSAug 13, 202677$556.4M canonicalSEC ↗
Q1 202613F-HRApr 22, 2026139$1.50B canonicalSEC ↗
Q4 202513F-HRJan 23, 2026163$1.52B canonicalSEC ↗
Q3 202513F-HROct 17, 2025164$1.44B canonicalSEC ↗
Q2 202513F-HRJul 17, 2025153$1.44B canonicalSEC ↗
Q1 202513F-HRApr 21, 2025143$1.33B canonicalSEC ↗
Q4 202413F-HRJan 23, 2025142$1.39B canonicalSEC ↗
Q3 202413F-HROct 28, 2024146$1.46B canonicalSEC ↗
Q2 202413F-HRJul 24, 2024144$1.38B canonicalSEC ↗
Q1 202413F-HRApr 16, 2024146$1.39B canonicalSEC ↗