Expeditors International of Washington, Inc.

0001752724-21-225885.txt : 20211026 0001752724-21-225885.hdr.sgml : 20211026 20211026082232 ACCESSION NUMBER: 0001752724-21-225885 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210831 FILED AS OF DATE: 20211026 PERIOD START: 20211130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Papp Investment Trust CENTRAL INDEX KEY: 0001477597 IRS NUMBER: 000000000 STATE OF INCORPORATION: OH FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22359 FILM NUMBER: 211346038 BUSINESS ADDRESS: STREET 1: 225 PICTORIA DRIVE STREET 2: SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 BUSINESS PHONE: 513-587-3400 MAIL ADDRESS: STREET 1: 225 PICTORIA DRIVE STREET 2: SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246

0001477597 S000027941 Papp Small & Mid-Cap Growth Fund

C000084913 Papp Small & Mid-Cap Growth Fund PAPPX

NPORT-P 1 primary_doc.xml NPORT-P false 0001477597 XXXXXXXX S000027941 C000084913 Papp Investment Trust 811-22359 0001477597 5493003YT5D3OH7HI658 2201 E. Camelback Road Suite 227B Phoenix 85016 602-956-0980 PAPP SMALL & MID-CAP GROWTH FUND S000027941 5493003YT5D3OH7HI658 2021-11-30 2021-08-31 N 48288535.58 45107.17 48243428.41 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00 N Expedtrs Intl Wash 984500B055A804AB6E40 Expeditors International of Washington, Inc. 302130109 23000.00000000 NS USD 2866720.00000000 5.942197921003 Long EC CORP US N 1 N N N Valmont Industries, Inc. 5493009ZGZJJ8F77JN08 Valmont Industries, Inc. 920253101 2500.00000000 NS USD 622150.00000000 1.289605694505 Long EC CORP US N 1 N N N Price T Rowe Group 549300SIV6FPS9Y7IH33 T. Rowe Price Group, Inc. 74144T108 11200.00000000 NS USD 2507344.00000000 5.197275738140 Long EC CORP US N 1 N N N OReilly Automotive, Inc. 549300K2RLMQL149Q332 O'Reilly Automotive, Inc. 67103H107 3500.00000000 NS USD 2079280.00000000 4.309975614355 Long EC CORP US N 1 N N N Idex Corporation 549300U5Y5EL6PHYLF13 IDEX Corporation 45167R104 11000.00000000 NS USD 2464000.00000000 5.107431377097 Long EC CORP US N 1 N N N Ametek, Inc. 549300WZDEF9KKE40E98 AMETEK, Inc. 031100100 17900.00000000 NS USD 2433863.00000000 5.044962765323 Long EC CORP US N 1 N N N The Clorox Company 54930044KVSC06Z79I06 Clorox Company (The) 189054109 3500.00000000 NS USD 588175.00000000 1.219181595058 Long EC CORP US N 1 N N N ResMed Inc. 529900T3QE5253CCXF22 ResMed, Inc. 761152107 5300.00000000 NS USD 1539809.00000000 3.191748701841 Long EC CORP US N 1 N N N Ecolab Inc. 82DYEISM090VG8LTLS26 Ecolab, Inc. 278865100 10000.00000000 NS USD 2253600.00000000 4.671309801715 Long EC CORP US N 1 N N N Spdr Series Trust 5493004JVD6CQEEJSS37 SPDR S&P Biotech ETF 78464A870 13300.00000000 NS USD 1766772.00000000 3.662202414357 Long EC RF US N 1 N N N RBC Bearings Inc N/A RBC Bearings, Inc. 75524B104 8350.00000000 NS USD 1933192.00000000 4.007161314429 Long EC CORP US N 1 N N N Quidel Corporation 549300X2FQ6S98OQLQ46 Quidel Corporation 74838J101 1600.00000000 NS USD 206320.00000000 0.427664464984 Long EC CORP US N 1 N N N Costar Group Inc N/A CoStar Group, Inc. 22160N109 26250.00000000 NS USD 2224425.00000000 4.610835243912 Long EC CORP US N 1 N N N Church & Dwight Co., Inc. POOXSI30AWAQGYJZC921 Church & Dwight Company, Inc. 171340102 17000.00000000 NS USD 1422220.00000000 2.948007732603 Long EC CORP US N 1 N N N Fidelity Institutional Cash Portfolios 549300SHPEJB1OPRCV46 Fidelity Institutional Money Market Government Por Tfolio 316175108 716751.15000000 PA USD 716751.15000000 1.485696961477 Long STIV RF US N 1 N N N Analog Devices Inc. GYVOE5EZ4GDAVTU4CQ61 Analog Devices, Inc. 032654105 8600.00000000 NS USD 1401370.00000000 2.904789411089 Long EC CORP US N 1 N N N Mettler-Toledo International Inc 5493000BD5GJNUDIUG10 Mettler-Toledo International, Inc. 592688105 2135.00000000 NS USD 3315292.05000000 6.872007565102 Long EC CORP US N 1 N N N Silicon Laboratories, Inc. 4PRDF8Q9TDHRVZKZSZ47 Silicon Laboratories, Inc. 826919102 7100.00000000 NS USD 1119102.00000000 2.319698323446 Long EC CORP US N 1 N N N Icon Public Limited Company 6354008SRQGEMC4XFI67 ICON plc G4705A100 4537.00000000 NS USD 1160428.49000000 2.405360747038 Long EC CORP US N 1 N N N Pegasystems Inc 549300FMCOKPL06FYN26 Pegasystems, Inc. 705573103 17130.00000000 NS USD 2357601.90000000 4.886887142355 Long EC CORP US N 1 N N N Trimble Inc 549300E2MI7NSZFQWS19 Trimble, Inc. 896239100 25500.00000000 NS USD 2402610.00000000 4.980180885117 Long EC CORP US N 1 N N N McCormick & Company, Incorporated 549300JQQA6MQ4OJP259 McCormick & Company, Inc. Non-Voting Shares 579780206 17400.00000000 NS USD 1501446.00000000 3.112229063075 Long EC CORP US N 1 N N N Bottomline Technologies (de), Inc OJ3Q4KYIXDSSGURLMT36 Bottomline Technologies (de), Inc. 101388106 21300.00000000 NS USD 900351.00000000 1.866266618425 Long EC CORP US N 1 N N N Ansys Inc 549300VJV8H15Z5FJ571 ANSYS, Inc. 03662Q105 6820.00000000 NS USD 2491755.20000000 5.164962943395 Long EC CORP US N 1 N N N Utz Brands Inc N/A Utz Brands, Inc. 918090101 24000.00000000 NS USD 466080.00000000 0.966100493602 Long EC CORP US N 1 N N N The Scotts Miracle-Gro Company 2TH9E0JTOUXOEGI2R879 Scotts Miracle-Gro Company (The) 810186106 7600.00000000 NS USD 1191908.00000000 2.470612141969 Long EC CORP US N 1 N N N Teleflex Incorporated UUL85LWXB4NGSWWXIQ25 Teleflex, Inc. 879369106 3600.00000000 NS USD 1423656.00000000 2.950984303812 Long EC CORP US N 1 N N N NXP Semiconductors NV 724500M9BY5293JDF951 NXP Semiconductors N.V. N6596X109 4400.00000000 NS USD 946572.00000000 1.962074485991 Long EC CORP US N 1 N N N Factset Research 549300ZSJE7NBK6K9P30 FactSet Research Systems, Inc. 303075105 5100.00000000 NS USD 1939122.00000000 4.019453144001 Long EC CORP US N 1 N N N 2021-09-15 Papp Small & Mid-Cap Growth Fund Daniel Bauer Daniel Bauer AVP, Fund Accounting XXXX NPORT-EX 2 pappnport.htm PAPP SOI 08-31-21

PAPP SMALL & MID-CAP GROWTH FUND
SCHEDULE OF INVESTMENTS
August 31, 2021 (Unaudited)

COMMON STOCKS - 94.8%	Shares	Value
Consumer Discretionary - 6.8%
Home & Office Products - 2.5%
Scotts Miracle-Gro Company (The)	7,600	$ 1,191,908

Retail - Discretionary - 4.3%
O'Reilly Automotive, Inc. ^(a)	3,500	2,079,280

Consumer Staples - 8.2%
Food - 4.1%
McCormick & Company, Inc.	17,400	1,501,446
Utz Brands, Inc.	24,000	466,080
		1,967,526
Household Products - 4.1%
Church & Dwight Company, Inc.	17,000	1,422,220
Clorox Company (The)	3,500	588,175
		2,010,395
Financials - 9.2%
Asset Management - 5.2%
T. Rowe Price Group, Inc.	11,200	2,507,344

Institutional Financial Services - 4.0%
FactSet Research Systems, Inc.	5,100	1,939,122

Health Care - 15.8%
Health Care Facilities & Services - 2.4%
ICON plc ^(a)	4,537	1,160,429

Medical Equipment & Devices - 13.4%
Mettler-Toledo International, Inc. ^(a)	2,135	3,315,292
Quidel Corporation ^(a)	1,600	206,320
ResMed, Inc.	5,300	1,539,809
Teleflex, Inc.	3,600	1,423,656
		6,485,077

PAPP SMALL & MID-CAP GROWTH FUND
SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 94.8% (Continued)	Shares	Value
Industrials - 21.4%
Electrical Equipment - 5.1%
AMETEK, Inc.	17,900	$ 2,433,863

Industrial Intermediate Products - 4.0%
RBC Bearings, Inc. ^(a)	8,350	1,933,192

Machinery - 6.4%
IDEX Corporation	11,000	2,464,000
Valmont Industries, Inc.	2,500	622,150
		3,086,150
Transportation & Logistics - 5.9%
Expeditors International of Washington, Inc.	23,000	2,866,720

Materials - 4.7%
Chemicals - 4.7%
Ecolab, Inc.	10,000	2,253,600

Technology - 28.7%
Semiconductors - 7.2%
Analog Devices, Inc.	8,600	1,401,370
NXP Semiconductors N.V.	4,400	946,572
Silicon Laboratories, Inc. ^(a)	7,100	1,119,102
		3,467,044
Software - 11.9%
ANSYS, Inc. ^(a)	6,820	2,491,755
Bottomline Technologies (de), Inc. ^(a)	21,300	900,351
Pegasystems, Inc.	17,130	2,357,602
		5,749,708
Technology Hardware - 5.0%
Trimble, Inc. ^(a)	25,500	2,402,610

PAPP SMALL & MID-CAP GROWTH FUND
SCHEDULE OF INVESTMENTS (Continued)

COMMON STOCKS - 94.8% (Continued)	Shares	Value
Technology - 28.7% (Continued)
Technology Services - 4.6%
CoStar Group, Inc. ^(a)	26,250	$ 2,224,425

Total Common Stocks (Cost $14,459,557)		$ 45,758,393


EXCHANGE-TRADED FUNDS - 3.7%	Shares	Value
Health Care - 3.7%
Biotech & Pharma - 3.7%
SPDR® S&P® Biotech ETF (Cost $827,663)	13,300	$ 1,766,772


MONEY MARKET FUNDS - 1.5%	Shares	Value
Fidelity Institutional Money Market Government Portfolio - Class I, 0.01% ^(b) (Cost $716,751)	716,751	$ 716,751

Total Investments at Value - 100.0% (Cost $16,003,971)		$ 48,241,916

Other Assets in Excess of Liabilities - 0.0% ^(c)		1,512

Net Assets - 100.0%		$ 48,243,428

^(a)	Non-income producing security.
^(b)	The rate shown is the 7-day effective yield as of August 31, 2021.
^(c)	Percentage rounds to less than 0.1%.