DEARBORN PARTNERS LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| CME Group Inc | 11,648 | 94,608 | +82,960 | 3,147,173 | 25,835,432 | +22,688,259 |
| Verisk Analytics Inc | 5,453 | 88,440 | +82,987 | 1,371,484 | 19,783,240 | +18,411,756 |
| Apple Inc. | 462,537 | 449,668 | -12,869 | 117,775,746 | 122,246,800 | +4,471,054 |
| Merck & Co Inc | 228,899 | 220,100 | -8,799 | 19,211,475 | 23,167,706 | +3,956,231 |
| Alphabet Inc CL A | 48,704 | 47,588 | -1,116 | 11,839,884 | 14,895,098 | +3,055,214 |
| S & P Depository Receipts SPDR | 2,378 | 6,557 | +4,179 | 1,584,341 | 4,471,684 | +2,887,343 |
| Jack Henry & Assoc Inc Com | 106,516 | 102,663 | -3,853 | 15,863,399 | 18,733,919 | +2,870,520 |
| Caterpillar Inc | 29,227 | 28,663 | -564 | 13,945,584 | 16,420,313 | +2,474,729 |
| Nasdaq, Inc. | 323,743 | 311,111 | -12,632 | 28,635,072 | 30,218,218 | +1,583,146 |
| Johnson & Johnson | 81,913 | 80,928 | -985 | 15,188,266 | 16,747,957 | +1,559,691 |
| Amphenol Corp Cl A | 327,599 | 310,502 | -17,097 | 40,540,327 | 41,961,179 | +1,420,852 |
| Accenture PLC Cl A | 121,270 | 116,749 | -4,521 | 29,905,068 | 31,323,728 | +1,418,660 |
| Proshares Tr S&P 500 Dv Arist | 0 | 11,889 | +11,889 | 0 | 1,237,288 | +1,237,288 |
| State Street SPDR Portfolio S& | 46,407 | 59,982 | +13,575 | 3,635,524 | 4,811,756 | +1,176,232 |
| IShares Barclays Aggregate Bon | 18,079 | 29,888 | +11,809 | 1,812,393 | 2,985,254 | +1,172,861 |
| Eli Lilly & Co | 4,686 | 4,304 | -382 | 3,575,418 | 4,625,423 | +1,050,005 |
| Broadcom Inc | 9,993 | 12,466 | +2,473 | 3,296,791 | 4,314,483 | +1,017,692 |
| Invesco Global Water Portfolio | 3,412 | 48,722 | +45,310 | 246,070 | 1,256,157 | +1,010,087 |
| Thomson Reuters | 158,580 | 194,025 | +35,445 | 24,632,295 | 25,589,984 | +957,689 |
| Unilever PLC | 0 | 12,403 | +12,403 | 0 | 811,156 | +811,156 |
| NextEra Energy Inc | 231,924 | 227,407 | -4,517 | 17,507,975 | 18,256,202 | +748,227 |
| Vanguard Total Bond Market ETF | 14,065 | 23,152 | +9,087 | 1,046,043 | 1,714,897 | +668,854 |
| Alphabet Inc CL C NON Voting | 8,388 | 8,234 | -154 | 2,042,897 | 2,583,829 | +540,932 |
| Vanguard FTSE Developed Mkts E | 28,560 | 35,629 | +7,069 | 1,711,304 | 2,225,767 | +514,463 |
| Global X Variable Rate Preferr | 0 | 22,903 | +22,903 | 0 | 508,905 | +508,905 |
| Gilead Sciences Incorporated | 75,853 | 72,570 | -3,283 | 8,419,731 | 8,907,212 | +487,481 |
| Dow Chemical | 0 | 19,925 | +19,925 | 0 | 465,847 | +465,847 |
| Goldman Sachs Group | 396 | 857 | +461 | 315,355 | 753,303 | +437,948 |
| Western Digital Corp Com | 0 | 2,508 | +2,508 | 0 | 432,053 | +432,053 |
| Public Storage Inc | 0 | 1,520 | +1,520 | 0 | 394,440 | +394,440 |
| Raytheon Technologies Com | 30,094 | 29,605 | -489 | 5,035,710 | 5,429,646 | +393,936 |
| Schwab U.S. Small-Cap ETF | 19,304 | 32,235 | +12,931 | 538,582 | 918,053 | +379,471 |
| Microsoft Corp | 186,307 | 200,304 | +13,997 | 96,497,902 | 96,870,922 | +373,020 |
| Novartis AG ADR | 35,160 | 35,225 | +65 | 4,508,919 | 4,856,470 | +347,551 |
| Cognizant Tech Solutions Cl A | 5,353 | 8,253 | +2,900 | 359,026 | 684,999 | +325,973 |
| IShares Core MSCI Emerging Mar | 6,423 | 11,137 | +4,714 | 423,404 | 748,629 | +325,225 |
| iShares iBonds Dec 2035 Term T | 0 | 12,158 | +12,158 | 0 | 309,786 | +309,786 |
| Amazon.com | 20,511 | 20,634 | +123 | 4,503,600 | 4,762,740 | +259,140 |
| Advanced Micro Devices | 5,037 | 5,000 | -37 | 814,936 | 1,070,800 | +255,864 |
| Carpenter Technology C Com | 3,550 | 3,550 | 0 | 871,667 | 1,117,682 | +246,015 |
| JPM Exchange TR Intrnl Res Eqt | 6,175 | 9,195 | +3,020 | 454,110 | 688,522 | +234,412 |
| Reliance Steel & Aluminum Co | 34,552 | 34,400 | -152 | 9,703,116 | 9,937,103 | +233,987 |
| Roper Technologies Inc | 568 | 1,135 | +567 | 283,256 | 505,223 | +221,967 |
| Bluerock Private Real Estate F | 0 | 14,053 | +14,053 | 0 | 210,795 | +210,795 |
| iShares iBonds Dec 2033 Term C | 0 | 7,883 | +7,883 | 0 | 206,062 | +206,062 |
| iShares iBonds Dec 2034 Term C | 0 | 7,801 | +7,801 | 0 | 205,712 | +205,712 |
| IShares Core S&P Mid-Cap ETF | 16,592 | 19,476 | +2,884 | 1,082,809 | 1,285,418 | +202,609 |
| Bristol Myers Squibb Company | 0 | 3,755 | +3,755 | 0 | 202,545 | +202,545 |
| ISHARES INC MSCI FRANCE ETF | 0 | 4,500 | +4,500 | 0 | 202,455 | +202,455 |
| First Solar Inc | 0 | 775 | +775 | 0 | 202,453 | +202,453 |
| Teradyne Inc | 0 | 1,035 | +1,035 | 0 | 200,334 | +200,334 |
| J P Morgan Chase & Co | 85,149 | 83,913 | -1,236 | 26,858,431 | 27,038,307 | +179,876 |
| Palantir Technologies Cl A | 2,226 | 3,295 | +1,069 | 406,067 | 585,686 | +179,619 |
| IShares NASDAQ Biotech Index F | 5,083 | 5,361 | +278 | 733,830 | 904,827 | +170,997 |
| VanEck Vectors Semiconductor E | 5,034 | 5,034 | 0 | 1,642,896 | 1,812,894 | +169,998 |
| Parker Hannifin Corp | 1,319 | 1,319 | 0 | 1,000,000 | 1,159,348 | +159,348 |
| Intellia Therapeutics Com | 0 | 17,454 | +17,454 | 0 | 156,912 | +156,912 |
| Coca Cola Co | 49,583 | 49,191 | -392 | 3,288,338 | 3,438,920 | +150,582 |
| SPDR Gold Trust | 3,440 | 3,440 | 0 | 1,222,817 | 1,363,306 | +140,489 |
| LyondellBasell Industries NV | 4,189 | 7,780 | +3,591 | 205,429 | 336,874 | +131,445 |
| Citigroup Inc. | 8,516 | 8,516 | 0 | 864,374 | 993,732 | +129,358 |
| Amgen | 2,563 | 2,603 | +40 | 723,311 | 852,025 | +128,714 |
| Gsk Adr Repreenting 2 Ord Shrs | 21,392 | 21,392 | 0 | 923,279 | 1,049,064 | +125,785 |
| Cummins Inc | 1,299 | 1,312 | +13 | 548,659 | 669,710 | +121,051 |
| Vanguard Growth ETF | 557 | 783 | +226 | 267,143 | 381,994 | +114,851 |
| IShares DJ Intl Select Div | 15,667 | 17,154 | +1,487 | 572,629 | 676,725 | +104,096 |
| Vanguard Emerging Markets ETF | 7,268 | 9,011 | +1,743 | 393,780 | 484,431 | +90,651 |
| Salesforce.com Inc | 4,622 | 4,471 | -151 | 1,095,414 | 1,184,413 | +88,999 |
| Intuitive Surgical Inc | 713 | 713 | 0 | 318,875 | 403,815 | +84,940 |
| Vanguard High Dividend Yield E | 1,900 | 2,400 | +500 | 267,805 | 344,448 | +76,643 |
| Health Care Select Sector SPDR | 4,308 | 4,363 | +55 | 599,544 | 675,392 | +75,848 |
| Real Estate Select Sector SPDR | 6,690 | 8,584 | +1,894 | 281,850 | 346,364 | +64,514 |
| Tesla Motors Inc | 2,559 | 2,670 | +111 | 1,138,039 | 1,200,752 | +62,713 |
| Newmont Mining Corporation | 3,500 | 3,565 | +65 | 295,085 | 355,965 | +60,880 |
| Consumer Discretionary Sel Sec | 1,839 | 4,198 | +2,359 | 440,698 | 501,283 | +60,585 |
| Chubb Ltd | 1,402 | 1,459 | +57 | 395,819 | 455,499 | +59,680 |
| Vanguard Total International S | 3,500 | 4,150 | +650 | 257,110 | 313,076 | +55,966 |
| Ge Vernova Inc Com | 1,182 | 1,193 | +11 | 726,812 | 779,709 | +52,897 |
| PepsiCo Inc | 53,343 | 52,534 | -809 | 7,491,504 | 7,539,693 | +48,189 |
| Old Dominion Freight Line Inc | 2,150 | 2,234 | +84 | 302,677 | 350,291 | +47,614 |
| Bitwise Bitcoin ETF | 5,056 | 7,587 | +2,531 | 314,584 | 360,838 | +46,254 |
| IShares DJ Select Dividend Fd | 4,411 | 4,761 | +350 | 626,803 | 671,968 | +45,165 |
| IShares MSCI Canada Index Fund | 8,500 | 8,700 | +200 | 429,675 | 469,191 | +39,516 |
| Vanguard Small-Cap Value ETF | 1,339 | 1,501 | +162 | 279,463 | 317,897 | +38,434 |
| IShares High Yield Corp Bond E | 11,176 | 12,176 | +1,000 | 483,921 | 521,985 | +38,064 |
| Shopify Inc | 1,598 | 1,706 | +108 | 237,479 | 274,615 | +37,136 |
| Elevance Health Inc | 1,281 | 1,281 | 0 | 413,998 | 449,143 | +35,145 |
| Prologis Inc. | 1,890 | 1,969 | +79 | 216,443 | 251,363 | +34,920 |
| British American Tobacco PLC A | 7,038 | 7,192 | +154 | 373,577 | 407,211 | +33,634 |
| Brookfield Renewable Corp | 7,900 | 7,950 | +50 | 271,918 | 304,803 | +32,885 |
| State Street Corp | 2,500 | 2,500 | 0 | 290,025 | 322,525 | +32,500 |
| W.W. Grainger Inc. | 295 | 305 | +10 | 281,123 | 307,760 | +26,637 |
| U. S. Bancorp | 23,607 | 21,860 | -1,747 | 1,140,931 | 1,166,436 | +25,505 |
| Shell plc | 7,552 | 7,694 | +142 | 540,167 | 565,327 | +25,160 |
| Ares Management Corporation | 108,749 | 107,734 | -1,015 | 17,387,917 | 17,412,985 | +25,068 |
| Capital Southwest Corporation | 19,135 | 19,999 | +864 | 418,302 | 442,989 | +24,687 |
| Cisco Systems | 16,622 | 15,075 | -1,547 | 1,137,277 | 1,161,227 | +23,950 |
| Vanguard Value ETF | 4,729 | 4,729 | 0 | 881,879 | 903,158 | +21,279 |
| Lockheed Martin Corp | 1,762 | 1,862 | +100 | 879,719 | 900,701 | +20,982 |
| ASCENDIS PHARMA A/S SPONSORED | 1,300 | 1,300 | 0 | 258,453 | 277,212 | +18,759 |