# EDGAR Filing Document

**Accession Number:** 0000796227
**File Stem:** 0001145549-25-047593
**Filing Date:** 2025-7
**Character Count:** 15387
**Document Hash:** 9756d67e73e6f47803885dc91d95c767
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-047593.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001145549-25-047593

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Provident Mutual Funds, Inc.
- **CENTRAL INDEX KEY:** 0000796227

**ORGANIZATION NAME:**
- **EIN:** 391568580
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04722
- **FILM NUMBER:** 251147440

**BUSINESS ADDRESS:**
- **STREET 1:** N16 W23217 STONE RIDGE DRIVE
- **STREET 2:** SUITE 310
- **CITY:** WAUKESHA
- **STATE:** WI
- **ZIP:** 53188
- **BUSINESS PHONE:** 262 521 2337

**MAIL ADDRESS:**
- **STREET 1:** N16 W23217 STONE RIDGE DRIVE
- **STREET 2:** SUITE 310
- **CITY:** WAUKESHA
- **STATE:** WI
- **ZIP:** 53188

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Provident Trust Mutual Funds, Inc.
- **DATE OF NAME CHANGE:** 20120904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FMI MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 20011024

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EASTCLIFF FUNDS INC
- **DATE OF NAME CHANGE:** 19951102

## Series and Classes Contracts Data

### Provident Trust Strategy Fund (Series ID: S000000834)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000002449 | Provident Trust Strategy Fund | PROVX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Provident Trust Strategy Fund** | **Provident Trust Strategy Fund** | **Provident Trust Strategy Fund** | **Provident Trust Strategy Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **Shares or**<br> **Principal**<br> **Amount** | **COMMON STOCKS – 79.3%<sup>(a)</sup>** | <br> **Cost** | **Value** |
| | **Computer Services – 7.1%** | **Computer Services – 7.1%** | **Computer Services – 7.1%** |
| 46482 | Accenture PLC, Cl A - Class A | $1351018 | $13893005 |
|  | **Data Processing-Management – 3.0%** | **Data Processing-Management – 3.0%** | **Data Processing-Management – 3.0%** |
| 33962 | Fiserv, Inc.<sup>(b)</sup> | 5112519 | 5855388 |
|  | **Distribution/Wholesale - 3.7%** | **Distribution/Wholesale - 3.7%** | **Distribution/Wholesale - 3.7%** |
| 169652 | Fastenal Co. | 872212 | 7125384 |
|  | **Finance-Credit Card - 12.8%** | **Finance-Credit Card - 12.8%** | **Finance-Credit Card - 12.8%** |
| 30171 | American Express Co. | 8446223 | 9623946 |
| 43042 | Visa Inc. - Class A | 2069164 | 15282062 |
|  |  | 10515387 | 24906008 |
|  | **Finance-Investment Banking-Brokerages - 6.0%** | **Finance-Investment Banking-Brokerages - 6.0%** | **Finance-Investment Banking-Brokerages - 6.0%** |
| 128623 | The Charles Schwab Corp. | 3783340 | 11735563 |
|  | **Investment Management-Advisor Services - 3.5%** | **Investment Management-Advisor Services - 3.5%** | **Investment Management-Advisor Services - 3.5%** |
| 69304 | T. Rowe Price Group Inc. | 5455066 | 6687836 |
|  | **Retail-Building Products - 4.6%** | **Retail-Building Products - 4.6%** | **Retail-Building Products - 4.6%** |
| 24635 | The Home Depot, Inc. | 3079030 | 9032176 |
|  | **Retail-Discount - 8.3%** | **Retail-Discount - 8.3%** | **Retail-Discount - 8.3%** |
| 16411 | Costco Wholesale Corp. | 2497909 | 16245905 |
|  | **Retail-Gardening Products - 1.5%** | **Retail-Gardening Products - 1.5%** | **Retail-Gardening Products - 1.5%** |
| 53698 | Tractor Supply Co. | 2335154 | 2833644 |
|  | **Retail-Major Department Stores - 3.9%** | **Retail-Major Department Stores - 3.9%** | **Retail-Major Department Stores - 3.9%** |
| 61045 | The TJX Companies, Inc. | 5507392 | 7538447 |
|  | **Super-Regional Banks-US - 5.9%** | **Super-Regional Banks-US - 5.9%** | **Super-Regional Banks-US - 5.9%** |
| 61775 | PNC Financial Services Group, Inc. | 3275662 | 11516096 |
|  | **Web Portals-Internet Service Providers - 19.0%** | **Web Portals-Internet Service Providers - 19.0%** | **Web Portals-Internet Service Providers - 19.0%** |
| 104040 | Alphabet, Inc., Cl A - Class A | 1356152 | 18334969 |
| 104795 | Alphabet, Inc., Cl C - Class C | 1357901 | 18589585 |
|  |  | 2714053 | 36924554 |
|  | **TOTAL COMMON STOCKS** | 46498742 | 154294006 |
|  | **SHORT-TERM INVESTMENTS - 20.7%<sup>(a)</sup>** |  |  |
|  | **Money Market Funds - 20.7%** |  |  |
| 40403990 | First American Treasury Obligations Fund - Class X, 4.24% <sup>(c)</sup> | 40403990 | 40403990 |
|  | **TOTAL SHORT-TERM INVESTMENTS** | 40403990 | 40403990 |
|  | **TOTAL INVESTMENTS – 100.0%** | 86902732 | 194697996 |
|  | Liabilities in Excess of Other Assets - (0.0)% <sup>(d)</sup> |  | (65679) |
|  | **TOTAL NET ASSETS - 100.0%** |  | $194632317 |

---

Percentages are stated as a percent of net assets.<br>PLC - Public Limited Company<br>

(a) Percentages for the various classifications relate to total net assets.

(b) Non-income producing security.

(c) The rate shown represents the 7-day annualized effective yield as of June 30, 2025.

(d) Represents less than 0.05% of net assets.

------

#### Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)

Provident Trust Strategy Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $154294006 | $– | $– | $154294006 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 40403990 | – | – | 40403990 |
| Total Investments | $194697996 | $– | $– | $194697996 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Provident Mutual Funds, Inc.

- **b. Investment Company Act file number:** 811-04722

- **c. CIK number of Registrant:** 0000796227

- **d. LEI of Registrant:** 549300HFVT1R7IND6V45

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** N16 W23217 Stone Ridge Drive

  - **City:** Waukesha

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53188

  - **Telephone number:** 855-739-9950

**Item A.2. Information about the Series.**

- **a. Name of Series:** Provident Trust Strategy Fund

- **b. EDGAR series identifier (if any):** S000000834

- **c. LEI of Series:** 549300O8PFUI9ZS2JF07

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $194872416.76

**Total Liabilities:** $203375.90

**Net Assets:** $194669040.86

**Cash Not Reported:** $19000.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002449 | -1.01%               | 2.85%                | 0.78%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5577177.42              | $-7763848.31                               |
| Month 2  | $4612262.81              | $665673.25                                 |
| Month 3  | $0.00                    | $1378913.06                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alphabet Inc                   | Alphabet Inc                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    104040 | NS      | $18334969.20  | 9.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                    | Fastenal Co                              | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    169652 | NS      | $7125384.00   | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                     | Fiserv Inc                               | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     33962 | NS      | $5855388.42   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     24635 | NS      | $9032176.40   | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I | PNC Financial Services Group Inc/The     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     61775 | NS      | $11516095.50  | 5.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    128623 | NS      | $11735562.52  | 6.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co              | Tractor Supply Co                        | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     53698 | NS      | $2833643.46   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     43042 | NS      | $15282062.10  | 7.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                    | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     16411 | NS      | $16245905.34  | 8.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                            | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |     46482 | NS      | $13893004.98  | 7.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    104795 | NS      | $18589585.05  | 9.55%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co            | American Express Co                      | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     30171 | NS      | $9623945.58   | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |  40384990 | NS      | $40384989.95  | 20.75%            |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc         | T Rowe Price Group Inc                   | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     69304 | NS      | $6687836.00   | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                          | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     61045 | NS      | $7538447.05   | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-24

**Name of Applicant:** Provident Mutual Funds, Inc.

**Signature:** /s/ James R. Daley

**Name of Signer:** James R. Daley

**Title:** Chief Compliance Officer