2026 Q3 Portfolio Activity
In 2026 Q3, PARTHENON LLC maintained a portfolio of 135 distinct positions. The most significant new addition was CELLEBRITE DI LTD, now representing 0.09% of the total fund value. They heavily accumulated shares in VANGUARD INDEX FDS, increasing the position by 5.3%.
Position History
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Total Positions
135
Quarter
2026 Q3
Top Holding
MSFT (12.0%)
Top 10 Concentration
50.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 135
PARTHENON LLC Full Holdings List — 2026 Q3
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
MSFT
MICROSOFT CORP
|
Technology | 12.05% | 8.81% |
#1
Prev: #1
|
6.5 |
—
|
-102 | -0.0% |
P
S
|
227,186 | $116,523,699 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
BRK/B
BERKSHIRE HATHA...
|
Financial Services | 7.03% | 7.11% |
#2
Prev: #2
|
4.8 |
—
|
-144 | -0.1% |
P
S
|
136,634 | $68,036,900 | 2010 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
GOOGL
ALPHABET INC
|
Communication Services | 5.33% | 5.63% |
#3
1
Prev: #4
|
3.6 |
—
|
-1,572 | -1.0% |
P
S
|
149,916 | $51,583,097 | 2015 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
META
META PLATFORMS ...
|
Communication Services | 5.07% | 3.96% |
#4
2
Prev: #6
|
3.0 |
—
|
140 | 0.2% |
P
S
|
67,683 | $49,082,358 | 2018 Q2 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
AAPL
APPLE INC
|
Technology | 4.32% | 3.82% |
#5
2
Prev: #7
|
2.7 |
—
|
-1,425 | -1.1% |
P
S
|
125,595 | $41,825,763 | 2002 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
GOOG
ALPHABET INC
|
Communication Services | 3.84% | 4.02% |
#6
1
Prev: #5
|
2.0 |
—
|
-470 | -0.4% |
P
S
|
109,001 | $37,141,119 | 2011 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
GLW
CORNING INC
|
Technology | 3.63% | 6.08% |
#7
4
Prev: #3
|
2.0 |
—
|
-332 | -0.1% |
P
S
|
228,533 | $35,139,234 | 2001 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
JNJ
JOHNSON & JOHNS...
|
Healthcare | 3.28% | 3.17% |
#8
Prev: #8
|
1.8 |
—
|
-259 | -0.2% |
P
S
|
119,820 | $31,721,209 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
XOM
EXXONMOBIL HOLD...
|
Energy | 2.82% | 2.44% |
#9
3
Prev: #12
|
1.6 |
—
|
-4,250 | -2.5% |
P
S
|
167,390 | $27,242,722 | 2006 Q3 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
FAST
FASTENAL CO
|
Industrials | 2.65% | 2.63% |
#10
Prev: #10
|
1.6 |
—
|
-10,125 | -1.9% |
P
S
|
517,147 | $25,614,291 | 2001 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
PAYX
PAYCHEX INC
|
Technology | 2.53% | 2.54% |
#11
Prev: #11
|
1.5 |
—
|
325 | 0.1% |
P
S
|
248,332 | $24,460,702 | 2002 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
WMT
WALMART INC
|
Consumer Defensive | 2.42% | 2.65% |
#12
3
Prev: #9
|
1.5 |
—
|
-469 | -0.2% |
P
S
|
224,946 | $23,376,388 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
MRK
MERCK & CO INC
|
Healthcare | 2.23% | 2.00% |
#13
3
Prev: #16
|
1.4 |
—
|
-1,125 | -0.8% |
P
S
|
148,512 | $21,580,265 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
CSCO
CISCO SYS INC
|
Technology | 2.17% | 2.39% |
#14
Prev: #14
|
1.4 |
—
|
-268 | -0.1% |
P
S
|
195,182 | $21,007,420 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
AXP
AMERICAN EXPRES...
|
Financial Services | 2.08% | 2.34% |
#15
Prev: #15
|
1.3 |
—
|
-125 | -0.2% |
P
S
|
66,300 | $20,161,830 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
DOV
DOVER CORP
|
Industrials | 2.01% | 2.43% |
#16
3
Prev: #13
|
1.3 |
—
|
-25 | -0.0% |
P
S
|
104,203 | $19,491,171 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
PG
PROCTER & GAMBL...
|
Consumer Defensive | 1.87% | 1.93% |
#17
Prev: #17
|
1.2 |
—
|
-1,682 | -1.3% |
P
S
|
124,733 | $18,121,210 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
BKNG
BOOKING HOLDING...
|
Consumer Cyclical | 1.74% | 1.77% |
#18
Prev: #18
|
2.7 |
—
|
8,000 | 8.4% |
P
S
|
103,400 | $16,844,894 | 2019 Q2 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
JPM
JPMORGAN CHASE ...
|
Financial Services | 1.42% | 1.42% |
#19
1
Prev: #20
|
1.1 |
—
|
-416 | -1.0% |
P
S
|
41,437 | $13,708,603 | 2001 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
ICLR
ICON PUB LTD CO
|
Healthcare | 1.40% | 1.42% |
#20
2
Prev: #22
|
1.1 |
—
|
950 | 1.2% |
P
S
|
79,603 | $13,531,714 | 2025 Q2 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
CRM
SALESFORCE INC
|
Technology | 1.35% | 0.93% |
#21
9
Prev: #30
|
1.0 |
—
|
100 | 0.2% |
P
S
|
56,905 | $13,063,681 | 2021 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
SCHW
CHARLES SCHWAB ...
|
Financial Services | 1.34% | 1.27% |
#22
1
Prev: #23
|
1.0 |
—
|
-19 | -0.0% |
P
S
|
132,321 | $12,933,055 | 2001 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
PEP
PEPSICO INC
|
Consumer Defensive | 1.32% | 1.42% |
#23
2
Prev: #21
|
1.0 |
—
|
-24 | -0.0% |
P
S
|
101,065 | $12,806,957 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
WAT
WATERS CORP
|
Healthcare | 1.31% | 1.13% |
#24
3
Prev: #27
|
1.0 |
—
|
-150 | -0.5% |
P
S
|
28,828 | $12,666,735 | 2002 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
VOO
VANGUARD INDEX ...
|
ETF | 1.17% | 1.09% |
#25
4
Prev: #29
|
2.5 |
—
|
814 | 5.3% |
P
S
|
16,133 | $11,306,974 | 2016 Q2 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
LSTR
LANDSTAR SYS IN...
|
Industrials | 1.17% | 1.44% |
#26
7
Prev: #19
|
1.0 |
—
|
-150 | -0.2% |
P
S
|
66,984 | $11,296,517 | 2007 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
BATRK
ATLANTA BRAVES ...
|
Communication Services | 1.16% | 1.14% |
#27
1
Prev: #26
|
1.5 |
—
|
no change | no change |
P
S
|
211,315 | $11,187,016 | 2023 Q3 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
SYK
STRYKER CORPORA...
|
Healthcare | 1.07% | 1.23% |
#28
4
Prev: #24
|
0.9 |
—
|
165 | 0.4% |
P
S
|
37,642 | $10,366,230 | 2002 Q3 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
CVS
CVS HEALTH CORP
|
Healthcare | 0.98% | 1.21% |
#29
4
Prev: #25
|
0.9 |
—
|
-1,205 | -1.1% |
P
S
|
110,966 | $9,508,677 | 2000 Q2 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
YETI
YETI HLDGS INC
|
Consumer Cyclical | 0.91% | 1.10% |
#30
2
Prev: #28
|
0.9 |
—
|
-100 | -0.0% |
P
S
|
213,730 | $8,767,205 | 2022 Q3 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
IJR
ISHARES TR
|
ETF | 0.79% | 0.86% |
#31
Prev: #31
|
0.8 |
—
|
442 | 0.8% |
P
S
|
56,409 | $7,673,880 | 2012 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
DIS
DISNEY WALT CO
|
Communication Services | 0.78% | 0.72% |
#32
4
Prev: #36
|
0.8 |
—
|
-324 | -0.4% |
P
S
|
72,057 | $7,558,779 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
PNC
PNC FINL SVCS G...
|
Financial Services | 0.77% | 0.86% |
#33
Prev: #33
|
1.3 |
—
|
no change | no change |
P
S
|
33,424 | $7,428,818 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
MDLZ
MONDELEZ INTL I...
|
Consumer Defensive | 0.76% | 0.81% |
#34
1
Prev: #35
|
0.8 |
—
|
-7,575 | -5.6% |
P
S
|
127,423 | $7,367,598 | 2012 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
GE
GE AEROSPACE
|
Industrials | 0.71% | 0.86% |
#35
3
Prev: #32
|
1.3 |
—
|
no change | no change |
P
S
|
22,067 | $6,891,303 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
VWO
VANGUARD INTL E...
|
ETF | 0.70% | 0.70% |
#36
1
Prev: #37
|
0.8 |
—
|
1,170 | 1.0% |
P
S
|
113,506 | $6,732,041 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
HD
HOME DEPOT INC
|
Consumer Cyclical | 0.67% | 0.85% |
#37
3
Prev: #34
|
0.8 |
—
|
-114 | -0.5% |
P
S
|
22,944 | $6,527,339 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
VEA
VANGUARD TAX-MA...
|
ETF | 0.64% | 0.64% |
#38
1
Prev: #39
|
0.8 |
—
|
1,305 | 1.5% |
P
S
|
87,455 | $6,175,198 | 2015 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
PM
PHILIP MORRIS I...
|
Consumer Defensive | 0.58% | 0.55% |
#39
1
Prev: #40
|
0.7 |
—
|
29 | 0.1% |
P
S
|
29,470 | $5,623,465 | 2008 Q2 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
CHDN
CHURCHILL DOWNS...
|
Consumer Cyclical | 0.57% | 0.68% |
#40
2
Prev: #38
|
1.2 |
—
|
no change | no change |
P
S
|
72,654 | $5,498,455 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
KO
COCA COLA CO
|
Consumer Defensive | 0.52% | 0.49% |
#41
Prev: #41
|
0.7 |
—
|
-350 | -0.6% |
P
S
|
58,179 | $5,008,048 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
LLY
ELI LILLY & CO
|
Healthcare | 0.47% | 0.49% |
#42
Prev: #42
|
0.7 |
—
|
-10 | -0.3% |
P
S
|
3,913 | $4,527,654 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
MDT
MEDTRONIC PLC
|
Healthcare | 0.46% | 0.49% |
#43
Prev: #43
|
0.7 |
—
|
-7,786 | -13.0% |
P
S
|
52,017 | $4,488,547 | 2000 Q2 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
BRK/A
BERKSHIRE HATHA...
|
Financial Services | 0.46% | 0.47% |
#44
Prev: #44
|
1.2 |
—
|
no change | no change |
P
S
|
6 | $4,482,030 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
CLAR
CLARUS CORP NEW
|
Consumer Cyclical | 0.44% | 0.41% |
#45
2
Prev: #47
|
1.2 |
—
|
no change | no change |
P
S
|
1,241,662 | $4,209,234 | 2020 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
ABBV
ABBVIE INC
|
Healthcare | 0.39% | 0.37% |
#46
3
Prev: #49
|
0.7 |
—
|
120 | 0.8% |
P
S
|
14,335 | $3,749,893 | 2013 Q1 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
SJM
SMUCKER J M CO
|
Consumer Defensive | 0.38% | 0.36% |
#47
3
Prev: #50
|
0.7 |
—
|
-300 | -1.0% |
P
S
|
30,848 | $3,668,136 | 2002 Q3 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
VPL
VANGUARD INTL E...
|
ETF | 0.37% | 0.38% |
#48
Prev: #48
|
0.6 |
—
|
-292 | -0.9% |
P
S
|
30,937 | $3,582,814 | 2006 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
GEV
GE VERNOVA INC
|
Industrials | 0.36% | 0.46% |
#49
4
Prev: #45
|
0.6 |
—
|
-46 | -1.2% |
P
S
|
3,686 | $3,503,506 | 2024 Q2 | 13F Filing | 2026-09-30 | 2026-10-22 | |||
|
HSY
HERSHEY CO
|
Consumer Defensive | 0.36% | 0.41% |
#50
4
Prev: #46
|
0.6 |
—
|
-239 | -1.1% |
P
S
|
22,101 | $3,483,339 | 1999 Q4 | 13F Filing | 2026-09-30 | 2026-10-22 |
Showing 1-50 of 135 holdings