Expeditors International of Washington, Inc.

0001752724-22-093688.txt : 20220427 0001752724-22-093688.hdr.sgml : 20220427 20220427072826 ACCESSION NUMBER: 0001752724-22-093688 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220228 FILED AS OF DATE: 20220427 PERIOD START: 20221130 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: 22856365 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

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Rowe Price Group, Inc. 74144T108 11200.00000000 NS USD 1619072.00000000 3.974183238600 Long EC CORP US N 1 N N N OReilly Automotive, Inc. 549300K2RLMQL149Q332 O'Reilly Automotive, Inc. 67103H107 3500.00000000 NS USD 2272340.00000000 5.577698546081 Long EC CORP US N 1 N N N Idex Corporation 549300U5Y5EL6PHYLF13 IDEX Corporation 45167R104 11000.00000000 NS USD 2110900.00000000 5.181427013969 Long EC CORP US N 1 N N N Ametek, Inc. 549300WZDEF9KKE40E98 AMETEK, Inc. 031100100 17900.00000000 NS USD 2323241.00000000 5.702640427002 Long EC CORP US N 1 N N N The Clorox Company 54930044KVSC06Z79I06 Clorox Company (The) 189054109 3500.00000000 NS USD 510265.00000000 1.252499339278 Long EC CORP US N 1 N N N ResMed Inc. 529900T3QE5253CCXF22 ResMed, Inc. 761152107 5300.00000000 NS USD 1307775.00000000 3.210071871331 Long EC CORP US N 1 N N N Ecolab Inc. 82DYEISM090VG8LTLS26 Ecolab, Inc. 278865100 10000.00000000 NS USD 1762600.00000000 4.326487874755 Long EC CORP US N 1 N N N Spdr Series Trust 5493004JVD6CQEEJSS37 SPDR S&P Biotech ETF 78464A870 13300.00000000 NS USD 1194739.00000000 2.932613069895 Long EC RF US N 1 N N N RBC Bearings Inc N/A RBC Bearings, Inc. 75524B104 8350.00000000 NS USD 1618647.50000000 3.973141258512 Long EC CORP US N 1 N N N Quidel Corporation 549300X2FQ6S98OQLQ46 Quidel Corporation 74838J101 1600.00000000 NS USD 169264.00000000 0.415476366522 Long EC CORP US N 1 N N N Costar Group Inc N/A CoStar Group, Inc. 22160N109 26250.00000000 NS USD 1601512.50000000 3.931081591126 Long EC CORP US N 1 N N N Church & Dwight Co., Inc. POOXSI30AWAQGYJZC921 Church & Dwight Company, Inc. 171340102 17000.00000000 NS USD 1663450.00000000 4.083113727029 Long EC CORP US N 1 N N N Fidelity Institutional Cash Portfolios 549300SHPEJB1OPRCV46 Fidelity Institutional Money Market Government Por Tfolio 316175108 772565.75000000 PA USD 772565.75000000 1.896344235689 Long STIV RF US N 1 N N N Mettler-Toledo International Inc 5493000BD5GJNUDIUG10 Mettler-Toledo International, Inc. 592688105 1885.00000000 NS USD 2655474.90000000 6.518143626783 Long EC CORP US N 1 N N N Silicon Laboratories, Inc. 4PRDF8Q9TDHRVZKZSZ47 Silicon Laboratories, Inc. 826919102 7100.00000000 NS USD 1091341.00000000 2.678811757474 Long EC CORP US N 1 N N N ICON PLC 6354008SRQGEMC4XFI67 ICON plc G4705A100 4537.00000000 NS USD 1079851.37000000 2.650609247046 Long EC CORP US N 1 N N N Pegasystems Inc 549300FMCOKPL06FYN26 Pegasystems, Inc. 705573103 17130.00000000 NS USD 1492365.60000000 3.663168996427 Long EC CORP US N 1 N N N Trimble Inc 549300E2MI7NSZFQWS19 Trimble, Inc. 896239100 25500.00000000 NS USD 1778625.00000000 4.365822929897 Long EC CORP US N 1 N N N McCormick & Company, Incorporated 549300JQQA6MQ4OJP259 McCormick & Company, Inc. Non-Voting Shares 579780206 17400.00000000 NS USD 1655958.00000000 4.064723821686 Long EC CORP US N 1 N N N Bottomline Technologies (de), Inc OJ3Q4KYIXDSSGURLMT36 Bottomline Technologies (de), Inc. 101388106 21300.00000000 NS USD 1206432.00000000 2.961314773469 Long EC CORP US N 1 N N N Ansys Inc 549300VJV8H15Z5FJ571 ANSYS, Inc. 03662Q105 6820.00000000 NS USD 2210975.80000000 5.427073635582 Long EC CORP US N 1 N N N Utz Brands Inc N/A Utz Brands, Inc. 918090101 24000.00000000 NS USD 366000.00000000 0.898385658777 Long EC CORP US N 1 N N N Informatica Inc N/A Informatica, Inc. 45674M101 7000.00000000 NS USD 141120.00000000 0.346393945810 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 1064456.00000000 2.612819685243 Long EC CORP US N 1 N N N Teleflex Incorporated UUL85LWXB4NGSWWXIQ25 Teleflex, Inc. 879369106 3600.00000000 NS USD 1210716.00000000 2.971830303967 Long EC CORP US N 1 N N N Yeti Holdings Inc 549300DSQICIGNT5GO63 Yeti Holdings, Inc. 98585X104 1900.00000000 NS USD 116964.00000000 0.287100492331 Long EC CORP US N 1 N N N NXP Semiconductors NV 724500M9BY5293JDF951 NXP Semiconductors N.V. N6596X109 4400.00000000 NS USD 836528.00000000 2.053346334332 Long EC CORP US N 1 N N N FactSet Research Systems Inc. 549300ZSJE7NBK6K9P30 FactSet Research Systems, Inc. 303075105 5100.00000000 NS USD 2071059.00000000 5.083633071260 Long EC CORP US N 1 N N N 2022-03-18 Papp Small & Mid-Cap Growth Fund Daniel Bauer Daniel Bauer AVP, Fund Accounting XXXX NPORT-EX 2 pappnport.htm PAPP SOI 02-28-22

PAPP SMALL & MID-CAP GROWTH FUND
SCHEDULE OF INVESTMENTS
February 28, 2022 (Unaudited)

COMMON STOCKS - 95.2%	Shares	Value
Consumer Discretionary - 8.5%
Home & Office Products - 2.6%
Scotts Miracle-Gro Company (The)	7,600	$ 1,064,456

Leisure Products - 0.3%
YETI Holdings, Inc. ^(a)	1,900	116,964

Retail - Discretionary - 5.6%
O'Reilly Automotive, Inc. ^(a)	3,500	2,272,340

Consumer Staples - 10.3%
Food - 5.0%
McCormick & Company, Inc.	17,400	1,655,958
Utz Brands, Inc.	24,000	366,000
		2,021,958
Household Products - 5.3%
Church & Dwight Company, Inc.	17,000	1,663,450
Clorox Company (The)	3,500	510,265
		2,173,715
Financials - 9.1%
Asset Management - 4.0%
T. Rowe Price Group, Inc.	11,200	1,619,072

Institutional Financial Services - 5.1%
FactSet Research Systems, Inc.	5,100	2,071,059

Health Care - 15.8%
Health Care Facilities & Services - 2.7%
ICON plc ^(a)	4,537	1,079,851

Medical Equipment & Devices - 13.1%
Mettler-Toledo International, Inc. ^(a)	1,885	2,655,475
Quidel Corporation ^(a)	1,600	169,264
ResMed, Inc.	5,300	1,307,775
Teleflex, Inc.	3,600	1,210,716
		5,343,230

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

COMMON STOCKS - 95.2% (Continued)	Shares	Value
Industrials - 21.8%
Electrical Equipment - 5.7%
AMETEK, Inc.	17,900	$ 2,323,241

Industrial Intermediate Products - 4.0%
RBC Bearings, Inc. ^(a)	8,350	1,618,647

Machinery - 6.5%
IDEX Corporation	11,000	2,110,900
Valmont Industries, Inc.	2,500	541,125
		2,652,025
Transportation & Logistics - 5.6%
Expeditors International of Washington, Inc.	22,100	2,284,256

Materials - 4.3%
Chemicals - 4.3%
Ecolab, Inc.	10,000	1,762,600

Technology - 25.4%
Semiconductors - 4.7%
NXP Semiconductors N.V.	4,400	836,528
Silicon Laboratories, Inc. ^(a)	7,100	1,091,341
		1,927,869
Software - 12.4%
ANSYS, Inc. ^(a)	6,820	2,210,976
Bottomline Technologies (de), Inc. ^(a)	21,300	1,206,432
Informatica, Inc. - Class A ^(a)	7,000	141,120
Pegasystems, Inc.	17,130	1,492,365
		5,050,893
Technology Hardware - 4.4%
Trimble, Inc. ^(a)	25,500	1,778,625

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

COMMON STOCKS - 95.2% (Continued)	Shares	Value
Technology - 25.4% (Continued)
Technology Services - 3.9%
CoStar Group, Inc. ^(a)	26,250	$ 1,601,513

Total Common Stocks (Cost $14,145,115)		$ 38,762,314


EXCHANGE-TRADED FUNDS - 2.9%	Shares	Value
Health Care - 2.9%
Biotech & Pharma - 2.9%
SPDR® S&P® Biotech ETF (Cost $827,662)	13,300	$ 1,194,739


MONEY MARKET FUNDS - 1.9%	Shares	Value
Fidelity Institutional Money Market Government Portfolio - Class I, 0.01% ^(b) (Cost $772,566)	772,566	$ 772,566

Total Investments at Value - 100.0% (Cost $15,745,343)		$ 40,729,619

Other Assets in Excess of Liabilities - 0.0% ^(c)		10,123

Net Assets - 100.0%		$ 40,739,742

^(a)	Non-income producing security.
^(b)	The rate shown is the 7-day effective yield as of February 28, 2022.
^(c)	Percentage rounds to less than 0.1%.