Parthenon LLC

13F filer · CIK 0001088859

Reported Jul 23, 2026

Net seller this quarter

13F portfolio value$962MU.S. long equity reported on 13F

Positions1137 new · 4 closed

Net flow last quarter-$10.2MBuys minus sells

Top 10 positions weight47.9%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 23, 2026113 positions
MSFTMicrosoft Corp	$84.8M	8.81%	0.00%	-0.3%	Q2 2013
BRK.BBerkshire Hathaway Inc	$68.4M	7.11%	Not reported	-1.1%	Q2 2013
GLWCorning Inc	$58.5M	6.08%	0.03%	-0.8%	Q2 2013
GOOGLAlphabet Inc.	$54.1M	5.63%	0.00%	-3.6%	Q4 2015
GOOGAlphabet Inc.	$38.7M	4.02%	Not reported	-3.0%	Q4 2015
METAMeta Platforms, Inc.	$38M	3.96%	Not reported	-0.2%	Q2 2018
AAPLApple Inc.	$36.8M	3.82%	0.00%	-0.2%	Q3 2013
JNJJohnson & Johnson	$30.5M	3.17%	0.01%	-0.6%	Q2 2013
WMTWalmart Inc.	$25.5M	2.65%	0.00%	-0.5%	Q2 2013
FASTFastenal Co	$25.3M	2.63%	0.05%	-2.9%	Q2 2013
PAYXPaychex Inc	$24.4M	2.54%	0.07%	+0.7%	Q2 2013
XOMExxonMobil Holdings Corp	$23.5M	2.44%	0.00%	-1.8%	Q2 2013
DOVDOVER Corp	$23.4M	2.43%	0.08%	-0.8%	Q2 2013
CSCOCisco Systems, Inc.	$23M	2.39%	0.01%	-1.3%	Q2 2013
AXPAmerican Express Co	$22.5M	2.34%	0.01%	+0.5%	Q2 2015
MRKMerck & Co., Inc.	$19.2M	2.00%	0.01%	-2.2%	Q2 2013
PGPROCTER & GAMBLE Co	$18.5M	1.93%	0.01%	-4.8%	Q2 2013
BKNGBooking Holdings Inc.	$17M	1.77%	0.01%	+0.5%	Q2 2019
LSTRLandstar System Inc	$13.9M	1.44%	0.20%	+0.3%	Q2 2013
JPMJPMorgan Chase & Co	$13.7M	1.42%	0.00%	-0.2%	Q2 2013
PEPPepsico Inc	$13.7M	1.42%	0.01%	+1.1%	Q2 2013
ICLRIcon PLC	$13.7M	1.42%	0.10%	-0.7%	Q2 2025
SCHWSchwab Charles Corp	$12.2M	1.27%	0.01%	+0.7%	Q1 2023
SYKStryker Corp	$11.8M	1.23%	0.01%	+0.7%	Q2 2013
CVSCVS HEALTH Corp	$11.6M	1.21%	0.01%	-1.1%	Q2 2013
BATRKAtlanta Braves Holdings, Inc.	$11M	1.14%	Not reported	-5.5%	Q3 2023
WATWaters Corp	$10.9M	1.13%	0.03%	-0.1%	Q2 2013
YETIYETI Holdings, Inc.	$10.6M	1.10%	0.28%	-1.7%	Q3 2022
CRMSalesforce, Inc.	$8.9M	0.93%	0.01%	+0.8%	Q1 2021
GEGeneral Electric Co	$8.25M	0.86%	0.00%	-0.6%	Q3 2021
PNCPNC Financial Services Group, Inc.	$8.23M	0.86%	0.01%	Not reported	Q2 2013
HDHome Depot, Inc.	$8.13M	0.85%	0.00%	-0.2%	Q2 2013
MDLZMondelez International, Inc.	$7.81M	0.81%	0.01%	-2.4%	Q2 2013
DISWalt Disney Co	$6.97M	0.72%	0.00%	-1.7%	Q2 2013
CHDNChurchill Downs Inc	$6.51M	0.68%	0.10%	Not reported	Q2 2013
PMPhilip Morris International Inc.	$5.33M	0.55%	0.00%	Not reported	Q2 2013
KOCoca Cola Co	$4.76M	0.49%	0.00%	-5.1%	Q2 2013
LLYELI LILLY & Co	$4.71M	0.49%	0.00%	-3.9%	Q2 2013
MDTMedtronic plc	$4.68M	0.49%	0.00%	-2.6%	Q2 2013
BRK.ABerkshire Hathaway Inc	$4.49M	0.47%	Not reported	Not reported	Q2 2013
GEVGE Vernova Inc.	$4.38M	0.46%	0.00%	-0.8%	Q2 2024
HSYHershey Co	$3.92M	0.41%	0.01%	-3.8%	Q2 2013
CLARClarus Corp	$3.91M	0.41%	3.24%	+8.3%	Q1 2020
VPLInvesco Pennsylvania Value Municipal Income Trust	$3.61M	0.38%	Not reported	-3.7%	Q2 2013
ABBVAbbVie Inc.	$3.58M	0.37%	0.00%	-6.6%	Q2 2013
SJMJ M SMUCKER Co	$3.5M	0.36%	0.03%	-0.6%	Q2 2013
MCDMcdonalds Corp	$3.46M	0.36%	0.00%	Not reported	Q2 2013
MOAltria Group, Inc.	$3.11M	0.32%	0.00%	Not reported	Q2 2013
BF.BBrown Forman Corp	$2.8M	0.29%	0.02%	Not reported	Q2 2013
TPBTurning Point Brands, Inc.	$2.67M	0.28%	0.16%	+23.6%	Q1 2020

Q1 2026Reported Apr 28, 2026110 positions
MSFTMicrosoft Corp	$84.3M	9.64%	0.00%	+0.2%	Q2 2013
BRK.BBerkshire Hathaway Inc	$66.3M	7.58%	Not reported	-0.2%	Q2 2013
GOOGLAlphabet Inc.	$45.2M	5.16%	0.00%	-1.3%	Q4 2015
METAMeta Platforms, Inc.	$38.7M	4.42%	Not reported	-1.3%	Q2 2018
GOOGAlphabet Inc.	$32.4M	3.70%	Not reported	-3.8%	Q4 2015
AAPLApple Inc.	$32.3M	3.69%	0.00%	-1.3%	Q3 2013
GLWCorning Inc	$31.4M	3.58%	0.03%	0.0%	Q2 2013
XOMExxonMobil Holdings Corp	$29.7M	3.39%	0.00%	-0.6%	Q2 2013
JNJJohnson & Johnson	$29.5M	3.38%	0.01%	-1.2%	Q2 2013
WMTWalmart Inc.	$28.1M	3.22%	0.00%	-0.6%	Q2 2013
FASTFastenal Co	$25.2M	2.88%	0.05%	-0.3%	Q2 2013
PAYXPaychex Inc	$22.7M	2.59%	0.07%	+0.6%	Q2 2013
DOVDOVER Corp	$21.9M	2.50%	0.08%	-0.3%	Q2 2013
AXPAmerican Express Co	$20M	2.29%	0.01%	-1.9%	Q2 2015
PGPROCTER & GAMBLE Co	$19.2M	2.19%	0.01%	-1.8%	Q2 2013
MRKMerck & Co., Inc.	$18.4M	2.10%	0.01%	-0.4%	Q2 2013
BKNGBooking Holdings Inc.	$16M	1.83%	0.01%	+9.5%	Q2 2019
PEPPepsico Inc	$15.5M	1.77%	0.01%	-1.0%	Q2 2013
CSCOCisco Systems, Inc.	$15.4M	1.76%	0.01%	0.0%	Q2 2013
SCHWSchwab Charles Corp	$12.4M	1.41%	0.01%	-1.7%	Q1 2023
JPMJPMorgan Chase & Co	$12.3M	1.41%	0.00%	-1.2%	Q2 2013
SYKStryker Corp	$12.2M	1.40%	0.01%	-0.1%	Q2 2013
LSTRLandstar System Inc	$10.7M	1.23%	0.20%	-0.1%	Q2 2013
CRMSalesforce, Inc.	$10.5M	1.20%	0.01%	-2.5%	Q1 2021
BATRKAtlanta Braves Holdings, Inc.	$9.55M	1.09%	Not reported	Not reported	Q3 2023
ICLRIcon PLC	$8.76M	1.00%	0.10%	Not reported	Q2 2025
WATWaters Corp	$8.64M	0.99%	0.03%	-0.3%	Q2 2013
CVSCVS HEALTH Corp	$8.14M	0.93%	0.01%	-1.3%	Q2 2013
MDLZMondelez International, Inc.	$7.98M	0.91%	0.01%	-1.2%	Q2 2013
YETIYETI Holdings, Inc.	$7.96M	0.91%	0.29%	-1.1%	Q3 2022
HDHome Depot, Inc.	$7.6M	0.87%	0.00%	Not reported	Q2 2013
DISWalt Disney Co	$7.1M	0.81%	0.00%	-0.1%	Q2 2013
PNCPNC Financial Services Group, Inc.	$6.96M	0.80%	0.01%	Not reported	Q2 2013
CHDNChurchill Downs Inc	$6.53M	0.75%	0.10%	-0.6%	Q2 2013
GEGeneral Electric Co	$6.3M	0.72%	0.00%	-0.8%	Q3 2021
MDTMedtronic plc	$5.32M	0.61%	0.00%	-0.4%	Q2 2013
PMPhilip Morris International Inc.	$4.87M	0.56%	0.00%	-0.2%	Q2 2013
HSYHershey Co	$4.83M	0.55%	0.01%	-1.5%	Q2 2013
KOCoca Cola Co	$4.69M	0.54%	0.00%	-0.6%	Q2 2013
BRK.ABerkshire Hathaway Inc	$4.31M	0.49%	Not reported	Not reported	Q2 2013
MCDMcdonalds Corp	$3.97M	0.45%	0.00%	-1.4%	Q2 2013
LLYELI LILLY & Co	$3.76M	0.43%	0.00%	-4.1%	Q2 2013
ABBVAbbVie Inc.	$3.31M	0.38%	0.00%	-1.0%	Q2 2013
GEVGE Vernova Inc.	$3.28M	0.38%	0.00%	-2.1%	Q2 2024
VPLInvesco Pennsylvania Value Municipal Income Trust	$3.17M	0.36%	Not reported	-1.7%	Q2 2013
CLARClarus Corp	$3.12M	0.36%	2.98%	+14.1%	Q1 2020
SJMJ M SMUCKER Co	$3.02M	0.35%	0.03%	-0.9%	Q2 2013
MOAltria Group, Inc.	$2.85M	0.33%	0.00%	-13.2%	Q2 2013
BF.BBrown Forman Corp	$2.78M	0.32%	0.02%	Not reported	Q2 2013
CVXChevron Corp	$2.39M	0.27%	0.00%	-1.0%	Q2 2013

Q4 2025Reported Jan 23, 2026112 positions
MSFTMicrosoft Corp	$110M	11.87%	0.00%	-2.2%	Q2 2013
BRK.BBerkshire Hathaway Inc	$69.7M	7.52%	Not reported	+0.3%	Q2 2013
GOOGLAlphabet Inc.	$49.8M	5.37%	0.00%	-1.0%	Q4 2015
METAMeta Platforms, Inc.	$45.2M	4.88%	Not reported	-1.4%	Q2 2018
GOOGAlphabet Inc.	$36.8M	3.97%	Not reported	-7.9%	Q4 2015
AAPLApple Inc.	$35M	3.78%	0.00%	-2.0%	Q3 2013
PAYXPaychex Inc	$27.5M	2.96%	0.07%	-0.8%	Q2 2013
WMTWalmart Inc.	$25.4M	2.74%	0.00%	+0.3%	Q2 2013
JNJJohnson & Johnson	$25.3M	2.73%	0.01%	-0.9%	Q2 2013
AXPAmerican Express Co	$24.9M	2.69%	0.01%	-1.6%	Q2 2015
FASTFastenal Co	$21.9M	2.36%	0.05%	+0.4%	Q2 2013
XOMExxonMobil Holdings Corp	$21.2M	2.28%	0.00%	-0.7%	Q2 2013
DOVDOVER Corp	$20.6M	2.22%	0.08%	-0.9%	Q2 2013
GLWCorning Inc	$20.2M	2.18%	0.03%	-0.9%	Q2 2013
PGPROCTER & GAMBLE Co	$19.4M	2.09%	0.01%	-1.9%	Q2 2013
BKNGBooking Holdings Inc.	$18.6M	2.00%	0.01%	-1.5%	Q2 2019
MRKMerck & Co., Inc.	$16.2M	1.75%	0.01%	-0.3%	Q2 2013
CRMSalesforce, Inc.	$15.3M	1.65%	0.01%	Not reported	Q1 2021
CSCOCisco Systems, Inc.	$15.3M	1.65%	0.01%	-0.3%	Q2 2013
PEPPepsico Inc	$14.5M	1.56%	0.01%	-0.7%	Q2 2013
ICLRIcon PLC	$14.4M	1.56%	0.10%	-0.7%	Q2 2025
JPMJPMorgan Chase & Co	$13.7M	1.48%	0.00%	-2.1%	Q2 2013
SCHWSchwab Charles Corp	$13.4M	1.44%	0.01%	-1.5%	Q1 2023
SYKStryker Corp	$13.1M	1.41%	0.01%	-0.8%	Q2 2013
WATWaters Corp	$11.1M	1.19%	0.05%	-3.8%	Q2 2013
YETIYETI Holdings, Inc.	$9.71M	1.05%	0.28%	-0.9%	Q3 2022
LSTRLandstar System Inc	$9.62M	1.04%	0.20%	-1.4%	Q2 2013
CVSCVS HEALTH Corp	$9.11M	0.98%	0.01%	-4.2%	Q2 2013
BATRKAtlanta Braves Holdings, Inc.	$8.82M	0.95%	Not reported	+31.3%	Q3 2023
DISWalt Disney Co	$8.39M	0.91%	0.00%	-0.5%	Q2 2013
CHDNChurchill Downs Inc	$8.32M	0.90%	0.11%	Not reported	Q2 2013
HDHome Depot, Inc.	$7.95M	0.86%	0.00%	0.0%	Q2 2013
MDLZMondelez International, Inc.	$7.54M	0.81%	0.01%	-14.2%	Q2 2013
PNCPNC Financial Services Group, Inc.	$6.98M	0.75%	0.01%	Not reported	Q2 2013
GEGeneral Electric Co	$6.9M	0.74%	0.00%	-0.7%	Q3 2021
MDTMedtronic plc	$5.92M	0.64%	0.00%	-14.4%	Q2 2013
PMPhilip Morris International Inc.	$4.73M	0.51%	0.00%	Not reported	Q2 2013
LLYELI LILLY & Co	$4.57M	0.49%	0.00%	-1.1%	Q2 2013
BRK.ABerkshire Hathaway Inc	$4.53M	0.49%	Not reported	Not reported	Q2 2013
KOCoca Cola Co	$4.34M	0.47%	0.00%	Not reported	Q2 2013
HSYHershey Co	$4.29M	0.46%	0.01%	-2.8%	Q2 2013
MCDMcdonalds Corp	$3.96M	0.43%	0.00%	-10.4%	Q2 2013
ABBVAbbVie Inc.	$3.51M	0.38%	0.00%	Not reported	Q2 2013
CLARClarus Corp	$3.37M	0.36%	2.62%	+39.6%	Q1 2020
TPBTurning Point Brands, Inc.	$3.34M	0.36%	0.16%	Not reported	Q1 2020
NVDANvidia Corp	$3.1M	0.34%	0.00%	-10.7%	Q4 2020
SJMJ M SMUCKER Co	$3.09M	0.33%	0.03%	-3.3%	Q2 2013
VPLInvesco Pennsylvania Value Municipal Income Trust	$2.98M	0.32%	Not reported	Not reported	Q2 2013
MOAltria Group, Inc.	$2.87M	0.31%	0.00%	Not reported	Q2 2013
BF.BBrown Forman Corp	$2.74M	0.30%	0.02%	Not reported	Q2 2013

Q3 2025Reported Oct 31, 2025110 positions
MSFTMicrosoft Corp	$120M	13.34%	0.00%	-4.2%	Q2 2013
BRK.BBerkshire Hathaway Inc	$69.5M	7.70%	Not reported	-2.9%	Q2 2013
METAMeta Platforms, Inc.	$51M	5.65%	Not reported	-3.0%	Q2 2018
GOOGLAlphabet Inc.	$39.1M	4.33%	0.00%	-3.7%	Q4 2015
AAPLApple Inc.	$33.5M	3.71%	0.00%	-0.5%	Q3 2013
PAYXPaychex Inc	$31.3M	3.47%	0.07%	-1.2%	Q2 2013
GOOGAlphabet Inc.	$31M	3.44%	Not reported	-7.9%	Q4 2015
FASTFastenal Co	$26.6M	2.95%	0.05%	+0.2%	Q2 2013
WMTWalmart Inc.	$23.4M	2.60%	0.00%	-1.5%	Q2 2013
JNJJohnson & Johnson	$22.9M	2.54%	0.01%	-0.9%	Q2 2013
AXPAmerican Express Co	$22.7M	2.52%	0.01%	-1.6%	Q2 2015
PGPROCTER & GAMBLE Co	$21.2M	2.35%	0.01%	-4.1%	Q2 2013
XOMExxonMobil Holdings Corp	$20M	2.21%	0.00%	-4.8%	Q2 2013
GLWCorning Inc	$19.1M	2.11%	0.03%	-4.5%	Q2 2013
BKNGBooking Holdings Inc.	$19M	2.11%	0.01%	-1.0%	Q2 2019
DOVDOVER Corp	$17.7M	1.96%	0.08%	-1.0%	Q2 2013
PEPPepsico Inc	$14.3M	1.58%	0.01%	+0.1%	Q2 2013
ICLRIcon PLC	$14M	1.55%	0.10%	+28.8%	Q2 2025
SYKStryker Corp	$13.9M	1.54%	0.01%	-2.3%	Q2 2013
JPMJPMorgan Chase & Co	$13.7M	1.52%	0.00%	+1.1%	Q2 2013
CSCOCisco Systems, Inc.	$13.6M	1.51%	0.01%	-0.9%	Q2 2013
SCHWSchwab Charles Corp	$13M	1.44%	0.01%	-3.5%	Q1 2023
MRKMerck & Co., Inc.	$12.9M	1.43%	0.01%	-1.4%	Q2 2013
MDLZMondelez International, Inc.	$10.2M	1.13%	0.01%	-1.8%	Q2 2013
HDHome Depot, Inc.	$9.36M	1.04%	0.00%	-0.6%	Q2 2013
WATWaters Corp	$9.07M	1.01%	0.05%	-4.6%	Q2 2013
CVSCVS HEALTH Corp	$9.04M	1.00%	0.01%	-10.1%	Q2 2013
DISWalt Disney Co	$8.49M	0.94%	0.00%	-1.2%	Q2 2013
LSTRLandstar System Inc	$8.32M	0.92%	0.20%	+0.7%	Q2 2013
YETIYETI Holdings, Inc.	$7.36M	0.82%	0.28%	-0.7%	Q3 2022
CHDNChurchill Downs Inc	$7.09M	0.79%	0.10%	Not reported	Q2 2013
BATRKAtlanta Braves Holdings, Inc.	$7.08M	0.78%	Not reported	+7.6%	Q3 2023
MDTMedtronic plc	$6.85M	0.76%	0.01%	-17.5%	Q2 2013
GEGeneral Electric Co	$6.78M	0.75%	0.00%	-1.2%	Q3 2021
PNCPNC Financial Services Group, Inc.	$6.72M	0.74%	0.01%	Not reported	Q2 2013
PMPhilip Morris International Inc.	$4.78M	0.53%	0.00%	+1.2%	Q2 2013
HSYHershey Co	$4.53M	0.50%	0.01%	-1.1%	Q2 2013
BRK.ABerkshire Hathaway Inc	$4.53M	0.50%	Not reported	-14.3%	Q2 2013
MCDMcdonalds Corp	$4.4M	0.49%	0.00%	Not reported	Q2 2013
KOCoca Cola Co	$4.11M	0.46%	0.00%	-0.5%	Q2 2013
ABBVAbbVie Inc.	$3.56M	0.39%	0.00%	-27.2%	Q2 2013
SJMJ M SMUCKER Co	$3.55M	0.39%	0.03%	-22.8%	Q2 2013
NVDANvidia Corp	$3.48M	0.39%	0.00%	-22.8%	Q4 2020
MOAltria Group, Inc.	$3.29M	0.36%	0.00%	+0.9%	Q2 2013
LLYELI LILLY & Co	$3.28M	0.36%	0.00%	-15.5%	Q2 2013
TPBTurning Point Brands, Inc.	$3.04M	0.34%	0.17%	-36.9%	Q1 2020
ABTAbbott Laboratories	$2.91M	0.32%	0.00%	-26.5%	Q2 2013
VPLInvesco Pennsylvania Value Municipal Income Trust	$2.9M	0.32%	Not reported	Not reported	Q2 2013
BF.BBrown Forman Corp	$2.84M	0.32%	0.02%	+1.0%	Q2 2013
CLARClarus Corp	$2.52M	0.28%	1.88%	+64.4%	Q1 2020

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