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Portfolio (Quarterly) Guide ↗

L. Roy Papp & Associates, LLP

· CIK 0000809339
13F Portfolio $951M AUM 193 positions Filed Jul 23, 2026 EDGAR ↗ ← All Funds
Q2 2026 · All 193 New
Page 8 of 10  ·  193 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 IWM ISHARES TR 1,480.0 $445K 0.05% NEW $300.45 +1.2%
142 VTEB VANGUARD MUN BD FDS 8,668.0 $438K 0.05% NEW $50.58 -1.9%
143 NOC NORTHROP GRUMMAN CORP Industrials 846.0 $431K 0.04% NEW $509.06 +12.0%
144 FXL FIRST TR EXCHANGE-TRADED FD 1,843.0 $400K 0.04% NEW $217.22 +3.2%
145 DIS DISNEY WALT CO Communication Services 4,154.0 $400K 0.04% NEW $96.26 +7.5%
146 SMH VANECK ETF TRUST 600.0 $394K 0.04% NEW $655.89 -9.4%
147 VB VANGUARD INDEX FDS 1,257.0 $381K 0.04% NEW $303.20 +1.6%
148 VOO VANGUARD INDEX FDS 545.0 $374K 0.04% NEW $686.45 +3.5%
149 HONEYWELL INTL INC 1,652.0 $370K 0.04% NEW $223.83
150 STRL STERLING INFRASTRUCTURE INC Industrials 436.0 $366K 0.04% NEW $839.36 -28.1%
151 HONEYWELL AEROSPACE INC 1,648.0 $364K 0.04% NEW $221.08
152 DVN DEVON ENERGY CORP NEW Energy 8,673.0 $358K 0.04% NEW $41.32 +15.1%
153 AMD ADVANCED MICRO DEVICES INC Technology 609.0 $354K 0.04% NEW $580.91 -12.9%
154 DUK DUKE ENERGY CORP NEW Utilities 2,740.0 $347K 0.04% NEW $126.58 -2.4%
155 UNP UNION PAC CORP Industrials 1,262.0 $343K 0.04% NEW $272.00 +10.3%
156 SHM SPDR SERIES TRUST 7,080.0 $340K 0.04% NEW $47.97 -0.6%
157 EWJ ISHARES INC 3,555.0 $332K 0.04% NEW $93.27 +5.3%
158 VXUS VANGUARD STAR FDS 3,875.0 $331K 0.04% NEW $85.49 +2.8%
159 VOT VANGUARD INDEX FDS 1,077.0 $330K 0.04% NEW $306.35 +2.0%
160 IEV ISHARES TR 4,500.0 $328K 0.03% NEW $72.85 +3.5%
Page 8 of 10  ·  193 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 25.2%
Industrials 14.0%
Financial Services 13.6%
Healthcare 12.8%
Communication Services 10.6%
Consumer Cyclical 8.0%
Consumer Defensive 6.2%
Energy 5.9%
Basic Materials 2.5%
Real Estate 1.0%