0001172661-11-000274.txt : 20110425
0001172661-11-000274.hdr.sgml : 20110425
20110425171104
ACCESSION NUMBER: 0001172661-11-000274
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110425
DATE AS OF CHANGE: 20110425
EFFECTIVENESS DATE: 20110425
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: PAPP L ROY & ASSOCIATES
CENTRAL INDEX KEY: 0000809339
IRS NUMBER: 860641993
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-01889
FILM NUMBER: 11778055
BUSINESS ADDRESS:
STREET 1: 6225 N 24TH ST
STREET 2: STE 150
CITY: PHOENIX
STATE: AZ
ZIP: 85016
BUSINESS PHONE: 6029560980
MAIL ADDRESS:
STREET 1: 6225 N 24TH ST
STREET 2: STE 150
CITY: PHOENIX
STATE: AZ
ZIP: 85016
13F-HR
1
lroy1q11.txt
FORM 13F HOLDINGS REPORT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Macrh 31, 2011
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: L Roy Papp & Associates, LLP
Address: 2201 E. Camelback Road
Suite 227B
Phoenix, AZ 85016
13F File Number: 28-01889
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Harry Papp
Title: President
Phone: (602) 956-0980
Signature, Place, and Date of Signing:
/s/ Harry Papp Phoenix, AZ April 25, 2011
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 131
Form 13F Information Table Value Total: $284,499 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579y101 5763 61641 SH SOLE 14865 0 46776
ABBOTT LABS COM 002824100 824 16806 SH SOLE 300 0 16506
ABOVENET INC COM 00374N107 370 5700 SH SOLE 0 0 5700
ACCENTURE PLC IRELAND SHS CLASS A g1151C101 6649 120959 SH SOLE 23088 0 97871
ADOBE SYS INC COM 00724F101 4244 127998 SH SOLE 31428 0 96570
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364w105 413 7100 SH SOLE 0 0 7100
AMERICAN EXPRESS CO COM 025816109 1109 24530 SH SOLE 4677 0 19853
AMETEK INC NEW COM 031100100 863 19680 SH SOLE 10680 0 9000
AMGEN INC COM 031162100 318 5944 SH SOLE 2900 0 3044
APPLE INC COM 037833100 506 1453 SH SOLE 550 0 903
AUTOMATIC DATA PROCESSING IN COM 053015103 734 14300 SH SOLE 0 2000 12300
AVNET INC COM 053807103 295 8662 SH SOLE 4602 0 4060
BANK OF NEW YORK MELLON CORP COM 064058100 433 14486 SH SOLE 0 0 14486
BARD C R INC COM 067383109 2759 27769 SH SOLE 9532 0 18237
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2506 20 SH SOLE 0 0 20
BLDRS INDEX FDS TR EMER MK 50 ADR 09348R300 325 6700 SH SOLE 0 0 6700
CANADIAN NATL RY CO COM 136375102 8762 116408 SH SOLE 18734 0 97674
CATERPILLAR INC DEL COM 149123101 1500 13475 SH SOLE 0 0 13475
CHEVRON CORP NEW COM 166764100 11464 106652 SH SOLE 20375 0 86277
CISCO SYS INC COM 17275R102 6246 364170 SH SOLE 70792 0 293378
CITIGROUP INC COM 172967101 1627 368110 SH SOLE 0 0 368110
CLOROX CO DEL COM 189054109 9552 136314 SH SOLE 18972 6000 111342
COACH INC COM 189754104 5752 110536 SH SOLE 26263 0 84273
COCA COLA CO COM 191216100 313 4723 SH SOLE 0 0 4723
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 488 6000 SH SOLE 0 0 6000
COLGATE PALMOLIVE CO COM 194162103 1066 13194 SH SOLE 3200 0 9994
CONOCOPHILLIPS COM 20825C104 204 2550 SH SOLE 0 0 2550
CONTINENTAL RESOURCES INC COM 212015101 565 7900 SH SOLE 0 0 7900
COSTCO WHSL CORP NEW COM 22160k105 506 6900 SH SOLE 0 0 6900
CURRENCYSHARES AUSTRALIAN DL AUSTRALIAN DOL 23129U101 1152 11100 SH SOLE 0 0 11100
CURRENCYSHARES CDN DLR TR CDN DOLLAR SHS 23129X105 1005 9800 SH SOLE 0 0 9800
DEVRY INC DEL COM 251893103 622 11295 SH SOLE 6995 0 4300
DIREXION SHS ETF TR 20YR TRES BEAR 25459w532 345 7900 SH SOLE 3700 0 4200
E M C CORP MASS COM 268648102 1526 57468 SH SOLE 19446 0 38022
ECOLAB INC COM 278865100 477 9350 SH SOLE 7100 0 2250
EMERSON ELEC CO COM 291011104 8570 146668 SH SOLE 18745 4000 123923
EXPEDITORS INTL WASH INC COM 302130109 3749 74746 SH SOLE 19549 0 55197
EXPRESS SCRIPTS INC COM 302182100 648 11647 SH SOLE 5447 0 6200
EXXON MOBIL CORP COM 30231g102 7922 94160 SH SOLE 20201 0 73959
FACTSET RESH SYS INC COM 303075105 1151 10989 SH SOLE 6589 0 4400
FEDERATED INVS INC PA CL B 314211103 9287 347182 SH SOLE 68001 0 279181
FISERV INC COM 337738108 2351 37485 SH SOLE 1905 0 35580
FMC TECHNOLOGIES INC COM 30249U101 908 9615 SH SOLE 1615 0 8000
FOREST OIL CORP COM PAR $0.01 346091705 329 8696 SH SOLE 4896 0 3800
FULLER H B CO COM 359694106 504 23480 SH SOLE 0 18000 5480
GARDNER DENVER INC COM 365558105 1995 25561 SH SOLE 8861 0 16700
GENERAL ELECTRIC CO COM 369604103 1726 86076 SH SOLE 11200 2000 72876
GOOGLE INC CL A 38259P508 3329 5673 SH SOLE 968 0 4705
GRAINGER W W INC COM 384802104 826 6000 SH SOLE 400 0 5600
HEWLETT PACKARD CO COM 428236103 2953 72082 SH SOLE 3000 0 69082
HONEYWELL INTL INC COM 438516106 326 5458 SH SOLE 3958 0 1500
IDEX CORP COM 45167R104 662 15173 SH SOLE 9673 0 5500
INFORMATICA CORP COM 45666Q102 2639 50568 SH SOLE 13468 0 37100
INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 387 5400 SH SOLE 0 0 5400
INTEL CORP COM 458140100 7626 377923 SH SOLE 53512 14000 310411
INTERNATIONAL BUSINESS MACHS COM 459200101 2106 12913 SH SOLE 130 0 12783
ISHARES INC MSCI BRIC INDX 464286657 528 10500 SH SOLE 10500 0 0
ISHARES INC MSCI JAPAN 464286848 144 13980 SH SOLE 13980 0 0
ISHARES TR MSCI EAFE INDEX 464287465 455 7566 SH SOLE 0 0 7566
ISHARES TR RUSSELL 2000 464287655 340 4045 SH SOLE 0 0 4045
ISHARES TR MSCI ACJPN IDX 464288182 630 10000 SH SOLE 10000 0 0
JOHNSON & JOHNSON COM 478160104 4376 73849 SH SOLE 7267 2500 64082
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 428 5775 SH SOLE 1000 0 4775
LILLY ELI & CO COM 532457108 920 26165 SH SOLE 200 0 25965
LINEAR TECHNOLOGY CORP COM 535678106 1088 32346 SH SOLE 10354 0 21992
MCCORMICK & CO INC COM NON VTG 579780206 378 7910 SH SOLE 0 0 7910
MCDONALDS CORP COM 580135101 898 11800 SH SOLE 600 6300 4900
MEDCO HEALTH SOLUTIONS INC COM 58405U102 6371 113451 SH SOLE 24813 482 88156
MEDTRONIC INC COM 585055106 1274 32383 SH SOLE 4328 3000 25055
MERCK & CO INC NEW COM 58933Y105 310 9388 SH SOLE 600 0 8788
METTLER TOLEDO INTERNATIONAL COM 592688105 958 5568 SH SOLE 3224 0 2344
MICROCHIP TECHNOLOGY INC COM 595017104 3927 103310 SH SOLE 26067 0 77243
MICROS SYS INC COM 594901100 1842 37270 SH SOLE 14120 0 23150
MICROSOFT CORP COM 594918104 9073 357347 SH SOLE 54580 16000 286767
MILLICOM INTL CELLULAR S A SHS NEW L6388F110 4228 43967 SH SOLE 0 0 43967
MV OIL TR TR UNITS 553859109 499 12800 SH SOLE 0 0 12800
NATIONAL OILWELL VARCO INC COM 637071101 277 3500 SH SOLE 0 0 3500
NEWFIELD EXPL CO COM 651290108 471 6200 SH SOLE 600 0 5600
NEWMONT MINING CORP COM 651639106 257 4700 SH SOLE 0 0 4700
NIKE INC CL B 654106103 603 7972 SH SOLE 2174 0 5798
NOBLE ENERGY INC COM 655044105 859 8892 SH SOLE 0 0 8892
NORTHERN TR CORP COM 665859104 2229 43918 SH SOLE 1717 0 42201
NUANCE COMMUNICATIONS INC COM 67020Y100 3412 174547 SH SOLE 54447 0 120100
O REILLY AUTOMOTIVE INC NEW COM 67103H107 5768 100379 SH SOLE 29845 0 70534
ORACLE CORP COM 68389X105 760 22718 SH SOLE 0 0 22718
PAREXEL INTL CORP COM 699462107 784 31499 SH SOLE 20719 0 10780
PEPSICO INC COM 713448108 4104 63713 SH SOLE 12035 0 51678
PETSMART INC COM 716768106 2225 54346 SH SOLE 22873 0 31473
PFIZER INC COM 717081103 290 14279 SH SOLE 1500 0 12779
PINNACLE WEST CAP CORP COM 723484101 655 15313 SH SOLE 15313 0 0
PIONEER NAT RES CO COM 723787107 969 9511 SH SOLE 700 0 8811
PRICE T ROWE GROUP INC COM 74144T108 11069 166649 SH SOLE 26268 0 140381
PROCTER & GAMBLE CO COM 742718109 3112 50512 SH SOLE 3574 4000 42938
PROSHARES TR PSHS ULTSH 20YRS 74347R297 1426 38075 SH SOLE 6050 0 32025
QUALCOMM INC COM 747525103 4639 84602 SH SOLE 11579 0 73023
RESMED INC COM 761152107 611 20362 SH SOLE 9562 0 10800
SCHLUMBERGER LTD COM 806857108 790 8474 SH SOLE 0 0 8474
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 216 6700 SH SOLE 0 0 6700
SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 246 7710 SH SOLE 2350 0 5360
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369y506 1042 13070 SH SOLE 1700 0 11370
SELECT SECTOR SPDR TR SBI INT-TECH 81369y803 378 14500 SH SOLE 1600 0 12900
SHERWIN WILLIAMS CO COM 824348106 437 5200 SH SOLE 0 0 5200
SIGMA ALDRICH CORP COM 826552101 850 13359 SH SOLE 4774 0 8585
SILICON LABORATORIES INC COM 826919102 334 7741 SH SOLE 5041 0 2700
SPDR INDEX SHS FDS ASIA PACIF ETF 78463X301 517 6075 SH SOLE 0 0 6075
SPDR INDEX SHS FDS S&P WRLD EX US 78463x889 243 9000 SH SOLE 0 0 9000
SPDR S&P 500 ETF TR TR UNIT 78462f103 904 6821 SH SOLE 130 0 6691
SPDR SERIES TRUST S&P OILGAS EXP 78464a730 267 4150 SH SOLE 700 0 3450
SPDR SERIES TRUST S&P BIOTECH 78464a870 4497 67350 SH SOLE 16070 0 51280
SPRINT NEXTEL CORP COM SER 1 852061100 50 10822 SH SOLE 0 0 10822
STATE STR CORP COM 857477103 17209 382936 SH SOLE 56173 14000 312763
STERICYCLE INC COM 858912108 751 8472 SH SOLE 4222 0 4250
STRYKER CORP COM 863667101 983 16170 SH SOLE 4300 0 11870
SYSCO CORP COM 871829107 1872 67590 SH SOLE 6489 0 61101
TARGET CORP COM 87612E106 3862 77216 SH SOLE 14136 0 63080
TECHNE CORP COM 878377100 2472 34529 SH SOLE 8555 2000 23974
UNITED PARCEL SERVICE INC CL B 911312106 6611 88955 SH SOLE 15883 0 73072
UNITED TECHNOLOGIES CORP COM 913017109 3096 36577 SH SOLE 7284 0 29293
VANGUARD INDEX FDS GROWTH ETF 922908736 471 7330 SH SOLE 1440 0 5890
VANGUARD INDEX FDS STK MRK ETF 922908769 295 4300 SH SOLE 0 0 4300
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 359 7275 SH SOLE 4900 0 2375
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 284 5800 SH SOLE 0 0 5800
VANGUARD WORLD FDS INF TECH ETF 92204A702 227 3535 SH SOLE 3535 0 0
VISA INC COM CL A 92826c839 1309 17776 SH SOLE 4915 0 12861
WAL MART STORES INC COM 931142103 4628 88924 SH SOLE 17666 0 71258
WALGREEN CO COM 931422109 2134 53165 SH SOLE 3850 0 49315
WARNER CHILCOTT PLC IRELAND SHS A g94368100 295 12700 SH SOLE 0 0 12700
WELLS FARGO & CO NEW COM 949746101 216 6823 SH SOLE 0 0 6823
WESTERN UN CO COM 959802109 549 26430 SH SOLE 682 0 25748
WHITING PETE CORP NEW COM 966387102 1263 17202 SH SOLE 1302 0 15900
WISDOMTREE TRUST CHINESE YUAN ETF 97717W182 378 14904 SH SOLE 0 0 14904