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Institutional Investment Manager
L. Roy Papp & Associates, LLP
L. Roy Papp & Associates, LLP (CIK: 0000809339) incorporated in Arizona, located at 2201 E. Camelback Road, Phoenix, AZ. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q3)
Portfolio Summary: 137 holdings with a total value of $404,416,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 WABTEC CORP 9,000 792,000 0.20%
52 COACH INC 27,782 804,000 0.20%
53 GENERAL ELECTRIC CO 32,534 821,000 0.20%
54 COSTAR GROUP 4,819 834,000 0.21%
55 SCHWAB U.S. BROAD MARKET ETF 18,213 845,000 0.21%
56 ORACLE CORP 23,636 854,000 0.21%
57 FMC TECHNOLOGIES INC 27,791 862,000 0.21%
58 SCHWAB U.S. LARGE-CAP GROWTH ETF 17,415 870,000 0.22%
59 COCA COLA CO 21,763 873,000 0.22%
60 NORTHERN TRUST 13,573 925,000 0.23%
61 GRAINGER W W INC 4,480 963,000 0.24%
62 VANGUARD INDEX FDS 10,142 987,000 0.24%
63 TREEHOUSE FOODS INC 13,039 1,014,000 0.25%
64 AUTOMATIC DATA PROCESSING IN 12,915 1,038,000 0.26%
65 CISCO SYS INC 40,332 1,059,000 0.26%
66 SELECT SECTOR SPDR TR 18,475 1,131,000 0.28%
67 CHURCH & DWIGHT 13,866 1,163,000 0.29%
68 SHERWIN WILLIAMS CO 5,250 1,170,000 0.29%
69 Linear Technology Corp 29,174 1,177,000 0.29%
70 SELECT SECTOR SPDR TRUST THE T 30,250 1,195,000 0.30%
71 MCDONALDS CORP 12,280 1,210,000 0.30%
72 ADOBE INC 14,750 1,213,000 0.30%
73 AMGEN INC 8,906 1,232,000 0.30%
74 E M C CORP MASS COM 52,455 1,267,000 0.31%
75 HOME DEPOT INC 11,604 1,340,000 0.33%
76 AIRGAS INC 15,017 1,341,000 0.33%
77 TRIMBLE INC 85,949 1,411,000 0.35%
78 SCHLUMBERGER LTD 20,718 1,429,000 0.35%
79 SYSCO CORP 38,633 1,506,000 0.37%
80 UMB FINL CORP 30,517 1,551,000 0.38%
81 GENERAL MLS INC 27,874 1,565,000 0.39%
82 IDEX CORP 22,728 1,621,000 0.40%
83 MICROCHIP TECHNOLOGY 41,531 1,790,000 0.44%
84 WALGREENS BOOTS ALLIANCE INC 21,740 1,807,000 0.45%
85 COLGATE PALMOLIVE CO 28,530 1,810,000 0.45%
86 VANGUARD INDEX FDS 18,444 1,850,000 0.46%
87 COSTCO WHSL CORP NEW 13,194 1,907,000 0.47%
88 MCCORMICK & CO INC 25,583 2,102,000 0.52%
89 CATERPILLAR INC 32,204 2,105,000 0.52%
90 JPMORGAN CHASE & CO 37,595 2,292,000 0.57%
91 PIONEER NAT RES CO 18,887 2,297,000 0.57%
92 INTEL CORP 79,129 2,385,000 0.59%
93 STATE STR CORP 38,116 2,562,000 0.63%
94 STERICYCLE INC 19,116 2,663,000 0.66%
95 AMETEK INC NEW 51,043 2,671,000 0.66%
96 ECOLAB INC 24,552 2,694,000 0.67%
97 VARIAN MED SYS INC 37,046 2,733,000 0.68%
98 FISERV INC 34,566 2,994,000 0.74%
99 PAREXEL INTERNATIONAL CORPORATION 50,646 3,136,000 0.78%
100 CONOCOPHILLIPS 66,322 3,181,000 0.79%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-15-001869, filed 2015.11.03).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.