PAPP L ROY & ASSOCIATES Information

2201 E. CAMELBACK ROAD, PHOENIX, Arizona, 85016, (602) 956-0980

Report Date: 12/31/2014

Position Statistics

Total Positions 147
New Positions 10
Increased Positions 50
Decreased Positions 53
Positions with Activity 103
Sold Out Positions 2
Total Mkt Value (in $ millions) 469

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.23%
Capital Goods 6.09%
Conglomerates
Consumer Cyclical 6.17%
Consumer/Non-Cyclical 6.41%
Energy 7.31%
Financial 25.73%
Healthcare 5.01%
Services 12.7%
Technology 22.69%
Transportation 6.47%
Utilities 0.2%

147 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BLACKROCK INC COM 22,895 -390 (1.68) 61,051
SPDR SERIES TRUST S&P BIOTECH 22,149 -227 (1.02) 101,652
ACCENTURE PLC IRELAND SHS CLASS A 17,420 23 .13 192,911
VISA INC COM CL A 16,564 -188 (1.12) 60,506
FEDERATED INVS INC PA CL B 16,427 46 .28 491,376
3M CO COM 16,352 -215 (1.3) 96,408
EMERSON ELEC CO COM 16,230 -597 (3.55) 280,110
CANADIAN NATL RY CO COM 15,920 90 .57 230,291
O REILLY AUTOMOTIVE INC NEW COM 15,320 -742 (4.62) 73,182
QUALCOMM INC COM 15,038 -111 (0.73) 208,826
EXPRESS SCRIPTS HLDG CO COM 12,943 -148 (1.13) 153,095
PRICE T ROWE GROUP INC COM 12,288 -91 (0.73) 147,485
CHEVRON CORP NEW COM 11,194 -457 (3.93) 104,562
EXXON MOBIL CORP COM 9,482 -355 (3.61) 106,960
WAL-MART STORES INC COM 9,045 -58 (0.64) 107,936
GOOGLE INC CL C 8,282 261 3.25 14,910
MICROSOFT CORP COM 8,205 -331 (3.88) 186,248
APPLE INC COM 7,813 1,481 23.39 59,906
GOOGLE INC CL A 7,677 6 .07 13,727
UNITED PARCEL SERVICE INC CL B 7,012 -270 (3.71) 68,843