Azimuth Capital Management 13F annual report

Apple Computer Inc

0.84%

418,224

$73,026,0003.13%Microsoft Corporation

0.34%

206,397

$63,634,0002.72%Pepsico Inc

1.38%

201,292

$33,692,0001.44%NVIDIA Corp

19.96%

122,505

$33,427,0001.43%Schlumberger Ltd.

6.93%

804,611

$33,238,0001.42%Alphabet Inc

10.89%

11,594

$32,247,0001.38%Exxon Mobil Corp.

2.04%

386,574

$31,927,0001.37%Johnson & Johnson

0.04%

165,372

$29,309,0001.25%Enphase Energy Inc

83.30%

144,803

$29,218,0001.25%Chubb Ltd

0.71%

134,868

$28,848,0001.24%United Health Group

0.06%

55,964

$28,540,0001.22%Pfizer Inc.

0.33%

540,394

$27,976,0001.20%Visa Inc

65.60%

125,860

$27,912,0001.20%Palo Alto Networks Inc

15.07%

43,786

$27,257,0001.17%Union Pacific Corp.

0.20%

98,286

$26,853,0001.15%Monolithic Power Sys Inc

3.42%

53,317

$25,895,0001.11%CVS Health Corp

1.00%

251,637

$25,468,0001.09%Zscaler Inc

24.55%

101,266

$24,433,0001.05%ServiceNow Inc

32.67%

43,559

$24,258,0001.04%Costco Wholesale Corp

0.49%

41,754

$24,044,0001.03%Amazon.com Inc.

27.89%

7,075

$23,064,0000.99%Chevron Corp.

2.19%

137,470

$22,384,0000.96%Amphenol Corp.

1.28%

286,829

$21,613,0000.93%Signature Bank Ny

31.85%

73,245

$21,497,0000.92%General Dynamics Corp.

2.25%

88,703

$21,393,0000.92%Ibm

1.06%

163,091

$21,205,0000.91%Jp Morgan Chase & Co

0.76%

150,160

$20,470,0000.88%Broadcom Inc

2.11%

31,386

$19,763,0000.85%Accenture Ltd Cl A

1.59%

58,271

$19,651,0000.84%Walmart Inc

2.71%

129,867

$19,340,0000.83%Intel Corp.

24.46%

387,740

$19,216,0000.82%Bank Of Ny Mellon

Opened

382,325

$18,975,0000.81%Idexx Laboratories, Inc.

104.61%

33,769

$18,474,0000.79%Eli Lilly & Co

1.72%

62,637

$17,937,0000.77%Lululemon Athletica inc.

1.31%

48,952

$17,879,0000.77%Abbvie Inc

3.60%

109,361

$17,729,0000.76%Republic Services, Inc.

0.33%

132,953

$17,616,0000.75%Blackrock Inc.

9.01%

22,311

$17,050,0000.73%Abbott Labs

0.68%

143,907

$17,033,0000.73%Zoetis Inc

0.93%

89,706

$16,918,0000.72%Marsh & Mclennan

10.91%

97,050

$16,539,0000.71%Resmed Inc.

0.21%

66,094

$16,028,0000.69%Nike, Inc.

0.18%

118,382

$15,929,0000.68%Workday Inc Cl A

52.18%

66,399

$15,900,0000.68%Fastenal Co.

1.17%

267,593

$15,895,0000.68%Estee Lauder Cl A

0.36%

56,939

$15,506,0000.66%Martin Marietta Materials, Inc.

2.42%

39,819

$15,326,0000.66%Ishares Ibonds Dec 2026 Muni E

5.79%

594,300

$15,160,0000.65%Walt Disney Co (The)

0.97%

110,020

$15,090,0000.65%Dbs Group

5.75%

141,900

$15,027,0000.64%Merck & Co Inc

0.83%

182,988

$15,014,0000.64%Penumbra Inc

1.59%

67,323

$14,954,0000.64%Home Depot, Inc.

1.38%

49,793

$14,905,0000.64%Salesforce.com

2.49%

68,975

$14,645,0000.63%Stryker Corp.

0.40%

54,616

$14,602,0000.63%Trade Desk Inc

25.39%

208,375

$14,430,0000.62%Baxter Int'l Inc

115.89%

179,212

$13,896,0000.59%Canadian Nat'l Railway

39.13%

102,790

$13,788,0000.59%Wns Holdings Ltd-adr

40.73%

159,503

$13,636,0000.58%Diageo Plc Adr

1.22%

65,687

$13,344,0000.57%First Republic Bk/ca

0.05%

81,801

$13,260,0000.57%Procter & Gamble Co.

1.38%

86,387

$13,200,0000.57%EPAM Systems Inc

2.12%

44,134

$13,091,0000.56%Capgemini

0.34%

285,720

$12,875,0000.55%Emerson Electric Co.

1.61%

128,060

$12,556,0000.54%Taiwan Semiconductor

52.49%

118,075

$12,310,0000.53%Walgreens Boots Alliance Inc

3.04%

273,105

$12,227,0000.52%Dow Inc

1.22%

190,604

$12,145,0000.52%Edwards Lifesciences Corp

1.34%

102,107

$12,020,0000.51%Verizon Comm Inc

3.43%

235,407

$11,992,0000.51%Zendesk Inc

3.33%

94,064

$11,315,0000.48%Cisco Systems, Inc.

0.39%

202,555

$11,294,0000.48%Intuitive Surgical Inc

39.23%

37,048

$11,177,0000.48%Boeing Co.

3.63%

56,834

$10,884,0000.47%Linde Plc F

4.33%

33,515

$10,706,0000.46%West Pharmaceutical Services, Inc.

46.43%

25,497

$10,472,0000.45%Bristol-Myers Squibb Co.

3.47%

142,877

$10,434,0000.45%Grupo Aeroportuario Cen-adr

1.55%

173,005

$10,327,0000.44%Meta Platforms Inc

30.57%

46,125

$10,256,0000.44%Euronet Worldwide Inc

2.20%

78,697

$10,242,0000.44%Automatic Data Proc

1.31%

44,520

$10,130,0000.43%Bank of America Corporation

1.13%

244,198

$10,066,0000.43%Weyerhaeuser Co.

0.90%

264,568

$10,027,0000.43%Mcdonald's Corp

2.04%

39,807

$9,843,0000.42%Icon Plc

0.19%

40,411

$9,829,0000.42%Toronto Dominion Bank

0.69%

123,684

$9,823,0000.42%Mondelez Int'l Inc

0.07%

148,132

$9,300,0000.40%Fleetcor Technologies Inc

2.51%

37,017

$9,219,0000.39%Starbucks Corp.

2.21%

101,304

$9,216,0000.39%Abiomed Inc.

5.19%

27,772

$9,199,0000.39%Vertex Pharmaceuticals, Inc.

4.20%

34,984

$9,130,0000.39%Tyler Technologies, Inc.

33.72%

20,505

$9,122,0000.39%Comcast Corp Cl A

5.81%

193,275

$9,049,0000.39%Ishares Msci Eu Financial

25.29%

475,780

$8,997,0000.39%Graco Inc.

42.04%

126,640

$8,829,0000.38%Asml Holdings Nv Ny Reg Shares

0.61%

13,130

$8,770,0000.38%Magna Int'l Cl A

5.90%

132,950

$8,550,0000.37%Agilent Technologies Inc.

40.48%

64,391

$8,521,0000.36%Techtronic Inds Ltd Sp Adr

16.90%

107,050

$8,494,0000.36%Omnicell, Inc.

0.29%

65,331

$8,460,0000.36%Ross Stores, Inc.

3.10%

93,172

$8,428,0000.36%Ball Corp.

1.49%

93,108

$8,380,0000.36%Japan Index (etf)

2.44%

133,700

$8,237,0000.35%CDW Corp

Opened

45,985

$8,226,0000.35%Discover Financial

40.43%

74,370

$8,195,0000.35%Terreno Realty Corp

6.33%

110,410

$8,176,0000.35%Vanguard Us Tot Mkt Etf

4.30%

35,814

$8,154,0000.35%Bank of Montreal

2.40%

68,612

$8,094,0000.35%A.o. Smith Corp

42.92%

125,595

$8,024,0000.34%Sherwin-Williams Co.

41.61%

32,073

$8,006,0000.34%PayPal Holdings Inc

5.57%

68,074

$7,873,0000.34%Ishares Ibonds Dec 2023 Corp E

0.75%

308,010

$7,786,0000.33%Valero Energy Corp.

1.63%

76,569

$7,775,0000.33%Rockwell Automation Inc

2.00%

27,735

$7,767,0000.33%Garmin Ltd

0.43%

65,281

$7,743,0000.33%Global Pmts Inc

17.82%

56,203

$7,691,0000.33%Coca-Cola Co

1.02%

123,897

$7,682,0000.33%Lonza Group Ag

Opened

104,120

$7,605,0000.33%Ishares Ibonds Dec 2024 Corp E

0.04%

298,250

$7,486,0000.32%Gilead Sciences, Inc.

35.86%

124,820

$7,421,0000.32%Raytheon Technologies Corporation

2.19%

74,493

$7,380,0000.32%Caredx Inc

388.27%

198,681

$7,349,0000.31%Kimberly-Clark Corp.

0.34%

59,008

$7,267,0000.31%Veeva Systems Inc

1.75%

34,138

$7,253,0000.31%Legrand Sa Adr

0.52%

363,685

$6,991,0000.30%Hdfc Bank Ltd Adr

0.04%

112,975

$6,929,0000.30%Ishares Ibonds Dec 2022 Corp E

Closed

275,025

$6,914,000Reins Grp Of America

0.85%

61,799

$6,765,0000.29%Ishares Ibonds Dec 2026 Corp E

6.32%

270,545

$6,669,0000.29%Ishares Ibonds Dec 2025 Muni E

2.15%

249,900

$6,662,0000.29%3M Co.

3.03%

44,404

$6,611,0000.28%Vanguard Short-term Corp Bond

6.50%

82,209

$6,420,0000.27%Iron Mountain Inc.

27.78%

114,160

$6,326,0000.27%Ishares Ibonds Dec 2025 Corp E

8.23%

249,490

$6,300,0000.27%Welltower Inc.

3.93%

65,403

$6,288,0000.27%Cogent Communications Hldgs In

19.39%

94,230

$6,252,0000.27%Kraft Heinz Co

5.43%

158,600

$6,247,0000.27%Berkshire Hathaway Inc.

0.17%

17,508

$6,179,0000.26%Ishares Msci Emerging Mkts

36.05%

131,978

$5,959,0000.26%AMGEN Inc.

273.48%

24,534

$5,933,0000.25%Kinder Morgan Inc

5.90%

306,543

$5,797,0000.25%Telus Corp.

1.03%

221,610

$5,793,0000.25%Brookfield Asset Mgmt

0.59%

98,907

$5,595,0000.24%Target Corp

0.51%

26,227

$5,566,0000.24%Ishares S&p Pfd Stock Fund

5.40%

147,580

$5,375,0000.23%Dassault Systems Sa

33.70%

107,960

$5,371,0000.23%First Horizon Corporation

54.33%

227,550

$5,345,0000.23%Experian Plc

1.78%

134,785

$5,237,0000.22%Ryder System, Inc.

Closed

62,029

$5,113,000Goldman Sachs BDC Inc

6.80%

258,911

$5,077,0000.22%AT&T Inc.

7.78%

212,526

$5,022,0000.22%Paychex Inc.

3.44%

36,712

$5,010,0000.21%Wisdomtree Europe Hedged Eq Fu

0.59%

67,565

$4,972,0000.21%Int'l Paper Co

8.13%

105,441

$4,866,0000.21%WEC Energy Group Inc

0.63%

48,746

$4,865,0000.21%Astrazeneca plc

4.12%

71,963

$4,774,0000.20%Nestle Sa Adr

0.06%

36,068

$4,711,0000.20%Shell Plc Fun Spon Adr

Opened

83,945

$4,611,0000.20%Digital Realty Trust, Inc.

12.02%

32,430

$4,599,0000.20%Honeywell Int'l Inc

2.93%

23,603

$4,593,0000.20%Vanguard S&p 500 Etf

1.35%

10,878

$4,516,0000.19%United Parcel Service, Inc.

2.33%

20,768

$4,454,0000.19%Check Point Software

0.34%

30,856

$4,266,0000.18%Colgate-Palmolive Co.

0.18%

54,715

$4,149,0000.18%Newmont Corp

270.13%

51,670

$4,105,0000.18%Ishares Ibonds Dec 2024 Muni E

2.20%

155,700

$4,047,0000.17%Duke Energy Corp.

2.42%

35,480

$3,962,0000.17%Msc Industrial Direct Co-a

8.52%

46,280

$3,944,0000.17%TJX Companies, Inc.

0.74%

64,075

$3,882,0000.17%Applied Materials Inc.

2.99%

29,405

$3,876,0000.17%Ecolab, Inc.

14.22%

21,872

$3,862,0000.17%Citigroup Inc

5.36%

69,198

$3,695,0000.16%American Express Co.

1.44%

19,573

$3,660,0000.16%Tencent Holdings Ltd-uns Adr

Closed

61,115

$3,581,000Aflac Inc.

1.34%

55,160

$3,552,0000.15%Conocophillips

2.41%

33,863

$3,386,0000.14%Texas Instruments Inc.

1.71%

18,235

$3,346,0000.14%VF Corp.

6.24%

58,735

$3,340,0000.14%Air Products & Chem

1.79%

12,923

$3,230,0000.14%General Electric Co.

0.13%

31,946

$2,923,0000.13%Ford Motor Co.

0.35%

170,466

$2,883,0000.12%Gentex Corp.

1.51%

97,450

$2,843,0000.12%Royal Dutch Shell A

Closed

64,895

$2,816,000Caterpillar Inc.

No change

12,481

$2,781,0000.12%Vanguard Total Bond Market Etf

21.26%

33,540

$2,668,0000.11%Comerica, Inc.

No change

29,348

$2,654,0000.11%Vanguard Total Intl Stk Etf

18.00%

43,555

$2,602,0000.11%Wells Fargo & Co.

3.11%

51,334

$2,488,0000.11%Travelers Company Inc

9.21%

13,448

$2,457,0000.11%Truist Financial Corporation

1.37%

43,064

$2,442,0000.10%The Southern Co.

0.47%

31,930

$2,315,0000.10%Ishares Ibonds Dec 2023 Muni E

3.73%

90,425

$2,303,0000.10%Progressive Corp.

1.89%

19,710

$2,247,0000.10%Bp Plc Adr

1.40%

74,045

$2,177,0000.09%Alphabet Inc$2,145,0000.09%Ishares-russell 2000

3.11%

10,206

$2,095,0000.09%Oracle Corp.

4.55%

25,161

$2,082,0000.09%NextEra Energy Inc

3.15%

24,557

$2,080,0000.09%Ishares S&p Midcap 400

No change

7,595

$2,038,0000.09%Vanguard Intermediate-term Cor

0.86%

22,965

$1,976,0000.08%Clorox Co.

3.87%

14,077

$1,957,0000.08%Ishares Msci Eafe

0.53%

25,452

$1,873,0000.08%Vanguard Mid-cap Etf

1.17%

7,505

$1,785,0000.08%Nordson Corp.

1.05%

7,690

$1,746,0000.07%Pinnacle West Cap Corp

20.94%

22,235

$1,737,0000.07%Hershey Company

5.62%

7,975

$1,728,0000.07%Vanguard Small Cap Etf

No change

7,928

$1,685,0000.07%1/100 Berkshire Cla 100=1 Brk

No change

300

$1,587,0000.07%Thermo Fisher Sci Inc

0.37%

2,670

$1,577,0000.07%Microchip Technology, Inc.

2.37%

20,410

$1,534,0000.07%DTE Energy Co.

6.14%

11,466

$1,516,0000.06%Proshares S&p 500 Div Aristocr

Opened

15,725

$1,492,0000.06%Qualcomm, Inc.

8.59%

9,731

$1,487,0000.06%Vanguard Short-term Treas Etf

3.90%

24,615

$1,459,0000.06%Ingredion Inc

9.19%

16,450

$1,434,0000.06%Deere & Co.

1.09%

3,281

$1,363,0000.06%Mastercard Inc-a

No change

3,660

$1,308,0000.06%Sysco Corp.

No change

15,820

$1,292,0000.06%Lockheed Martin Corp.

No change

2,886

$1,274,0000.05%Ishares S&p 500 Val

0.56%

8,054

$1,254,0000.05%DuPont de Nemours Inc

6.07%

16,979

$1,249,0000.05%Ishares-russell 1000

0.34%

4,680

$1,170,0000.05%PPG Industries, Inc.

0.67%

8,599

$1,127,0000.05%Masco Corp.

2.99%

21,180

$1,080,0000.05%Spdr S&p 500 Growth

Closed

14,900

$1,080,000Motorola Solutions Inc

No change

4,265

$1,033,0000.04%Dominion Energy Inc

4.85%

11,767

$1,000,0000.04%Illinois Tool Works, Inc.

6.48%

4,690

$982,0000.04%Neogen Corp.

1.10%

31,489

$971,0000.04%Blackstone Group Inc

3.06%

7,595

$964,0000.04%Ishares Ibonds Dec 2022 Muni E

Closed

35,700

$930,000Nuvasive Inc

1.39%

16,371

$928,0000.04%Scotts Miracle-Gro Company

1.71%

7,435

$914,0000.04%Ishares Trust S&p 500

No change

2,003

$909,0000.04%Eaton Corp Plc

73.59%

5,845

$887,0000.04%Royal Dutch Shell B

Closed

20,200

$876,000Adobe Systems Inc

0.31%

1,920

$875,0000.04%Allstate Corp (The)

7.46%

6,200

$859,0000.04%Ishares S&p 500 Growth

3.24%

10,776

$823,0000.04%Huntington Bancshares, Inc.

No change

54,279

$794,0000.03%Intermediate Gov/credit Etf

7.66%

6,813

$739,0000.03%Pnc Financial

0.57%

4,005

$739,0000.03%Viatris Inc.

18.18%

65,000

$707,0000.03%Enbridge Inc

No change

15,219

$701,0000.03%Genuine Parts Co.

No change

5,342

$673,0000.03%F5 Networks Inc

4.30%

3,030

$633,0000.03%Cincinnati Financial Corp.

3.79%

4,623

$629,0000.03%Fedex Corp

1.86%

2,633

$609,0000.03%Philip Morris Int'l

3.01%

6,450

$606,0000.03%Yum! Brands Inc

No change

4,963

$588,0000.03%Analog Devices Inc.

0.68%

3,487

$576,0000.02%1-3yr Treasury Bond Etf

7.67%

6,806

$567,0000.02%Avery Dennison Corp.

No change

3,235

$563,0000.02%Lowe's Companies

No change

2,637

$533,0000.02%Rpm Int'l Inc

No change

6,323

$515,0000.02%Exelon Corp.

5.38%

10,556

$503,0000.02%Consolidated Edison, Inc.

1.87%

5,250

$497,0000.02%Ishares S&p Smallcap 600 Value

6.02%

4,845

$496,0000.02%Vanguard High Dvd Yield Etf

2.97%

4,403

$494,0000.02%General Mills, Inc.

No change

7,266

$492,0000.02%Medtronic Plc

4.05%

4,415

$490,0000.02%Brookfield Renewable Partners

No change

11,725

$482,0000.02%Goldman Sachs Grp

3.72%

1,394

$460,0000.02%Altria Group Inc.

1.14%

8,700

$455,0000.02%Spdr Gold Trust

43.36%

2,450

$443,0000.02%Aptiv PLC

0.43%

3,690

$442,0000.02%J.M. Smucker Co.

3.70%

3,250

$440,0000.02%Steris Plc

9.75%

1,805

$436,0000.02%McCormick & Co., Inc.

3.36%

4,310

$430,0000.02%Marathon Petroleum Corp

No change

4,875

$417,0000.02%Essex Property Trust, Inc.

No change

1,200

$415,0000.02%Ishares Floating Rate Bond Etf

9.01%

7,805

$394,0000.02%Carrier Global Corporation

2.29%

8,535

$392,0000.02%Kellogg Co

3.45%

6,000

$387,0000.02%Cardinal Health, Inc.

11.48%

6,798

$385,0000.02%Charles Schwab Corp.

0.72%

4,400

$371,0000.02%Us Bancorp

1.77%

6,937

$369,0000.02%Conagra Foods Inc

16.83%

10,875

$365,0000.02%Vishay Intertechnology, Inc.

No change

18,302

$359,0000.02%Snap-on, Inc.

No change

1,741

$358,0000.02%Spdr S&p 500 Etf Trust$355,0000.02%Cullen/frost Bankers

13.56%

2,550

$353,0000.02%Wolfspeed Inc.

No change

3,050

$347,0000.01%Otis Worldwide Corporation

2.24%

4,362

$336,0000.01%Stanley Black & Decker Inc

18.25%

2,365

$331,0000.01%Lamb Weston Holdings Inc

No change

5,516

$330,0000.01%Dt Midstream Inc

0.82%

6,057

$329,0000.01%Danaher Corp.

No change

1,119

$328,0000.01%Fortinet Inc

No change

958

$327,0000.01%CDK Global Inc

No change

6,699

$326,0000.01%Mercantile Bank Corp.

No change

9,189

$325,0000.01%Spdr S&p 600 Small Cap Value E

No change

3,850

$321,0000.01%Ishares Dj Select Dvd Index

30.47%

2,485

$318,0000.01%Grainger W.w. Inc$307,0000.01%Globus Medical Inc

2.71%

3,785

$279,0000.01%Becton Dickinson

No change

1,033

$275,0000.01%Illumina Inc$264,0000.01%Roper Industries Inc

15.79%

550

$260,0000.01%Halliburton Co.

Opened

6,729

$255,0000.01%General Motors Company

89.87%

5,815

$254,0000.01%CMS Energy Corporation

No change

3,622

$253,0000.01%Tyson Foods, Inc.

No change

2,800

$251,0000.01%NetFlix Inc

Closed

411

$248,000Masimo Corp

Closed

800

$234,000Ishares Barclays Us Treasury I

No change

1,843

$230,0000.01%BorgWarner Inc

Closed

5,052

$228,000Ishares-russell 1000 Growth

No change

819

$227,0000.01%Sempra Energy

Opened

1,350

$227,0000.01%Amer Electric Power

No change

2,250

$224,0000.01%Donaldson Co. Inc.

No change

4,300

$223,0000.01%Delta Air Lines, Inc.

Opened

5,600

$222,0000.01%Ishares Broad Usd Inv Grade C

3.33%

4,031

$222,0000.01%S&P Global Inc

No change

540

$221,0000.01%Waste Management, Inc.

No change

1,380

$219,0000.01%Globant Sa$216,0000.01%Mandiant Inc

Opened

9,700

$216,0000.01%Ishares Dow Jones Us Real Esta

No change

1,985

$215,0000.01%Equinix Inc

Closed

252

$213,000T. Rowe Price Group Inc.

4.11%

1,400

$212,0000.01%Expeditors Int'l Of Wa

No change

2,050

$211,0000.01%Phillips 66

Opened

2,429

$210,0000.01%Moderna Inc

No change

1,208

$208,0000.01%Ishares Short Term Corp Bond E

No change

4,000

$207,0000.01%Intercontinental Hotels Adr

Opened

3,000

$206,0000.01%American Tower Corp.

Closed

700

$205,000Corning, Inc.

0.90%

5,500

$203,0000.01%Yum China Holding Inc

No change

4,838

$201,0000.01%Rocket Companies, Inc.

No change

12,050

$134,0000.01%Permianville Royalty Tr

Closed

33,500

$70,000Telefonica Sa-adr

No change

11,902

$57,0000.00%Wallbridge Mining Co Ltd

No change

10,000

$3,0000.00%No transactions foundShowing first 500 out of 331 holdings