PARTHENON LLC

hedge fundUpdated 50 days ago

Managed by Parthenon Llc • Latest filing Q2 2026

Portfolio value

$962M

Q2 2026

Filings

14

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

12.6%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 14 quarters

Show data table

Period	Portfolio value
Q1 2023	$653.4M
Q2 2023	$692.3M
Q3 2023	$666.5M
Q4 2023	$723.4M
Q1 2024	$788.8M
Q2 2024	$787.2M
Q3 2024	$837.4M
Q4 2024	$826.7M
Q1 2025	$813.1M
Q2 2025	$874.1M
Q3 2025	$902.5M
Q4 2025	$926.7M
Q1 2026	$874.7M
Q2 2026	$962M

Top holdings

133 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	M MSFT MICROSOFT CORP	$84.8M	227.3K	8.81%	Trimmed(-0.3%)
2	B BRK-A BERKSHIRE HATHAWAY INC DEL	$68.4M	136.8K	7.11%	Trimmed(-1.1%)
3	G GLW CORNING INC	$58.5M	228.9K	6.08%	Trimmed(-0.8%)
4	G GOOGN ALPHABET INC	$54.1M	151.5K	5.63%	Trimmed(-3.6%)
5	G GOOGN ALPHABET INC	$38.7M	109.5K	4.02%	Trimmed(-3.0%)
6	M META META PLATFORMS INC	$38M	67.5K	3.96%	Trimmed(-0.1%)
7	A AAPL APPLE INC	$36.8M	127.0K	3.82%	Trimmed(-0.2%)
8	J JNJ JOHNSON & JOHNSON	$30.5M	120.1K	3.17%	Trimmed(-0.6%)
9	W WMT WALMART INC	$25.5M	225.4K	2.65%	Trimmed(-0.5%)
10	F FAST FASTENAL CO	$25.3M	527.3K	2.63%	Trimmed(-2.9%)
11	P PAYX PAYCHEX INC	$24.4M	248.0K	2.54%	Added(+0.7%)
12	X XOM EXXON MOBIL CORP	$23.5M	171.6K	2.44%	Trimmed(-1.8%)
13	D DOV DOVER CORP	$23.4M	104.2K	2.43%	Trimmed(-0.8%)
14	C CSCO CISCO SYS INC	$23M	195.4K	2.39%	Trimmed(-1.3%)
15	A AXP AMERICAN EXPRESS CO	$22.5M	66.4K	2.34%	Added(+0.5%)
16	M MRK MERCK & CO INC	$19.2M	149.6K	2.00%	Trimmed(-2.2%)
17	P PG PROCTER & GAMBLE CO	$18.5M	126.4K	1.93%	Trimmed(-4.8%)
18	B BKNG BOOKING HOLDINGS INC	$17M	95.4K	1.77%	Added(+2412.5%)
19	L LSTR LANDSTAR SYS INC	$13.9M	67.1K	1.44%	Added(+0.3%)
20	J JPM-PM JPMORGAN CHASE & CO	$13.7M	41.9K	1.42%	Trimmed(-0.2%)

M

MICROSOFT CORP

-0.3%

Value

$84.8M

Shares

227.3K

% Port

8.81%

B

BERKSHIRE HATHAWAY INC DEL

-1.1%

Value

$68.4M

Shares

136.8K

% Port

7.11%

G

CORNING INC

-0.8%

Value

$58.5M

Shares

228.9K

% Port

6.08%

G

ALPHABET INC

-3.6%

Value

$54.1M

Shares

151.5K

% Port

5.63%

G

ALPHABET INC

-3.0%

Value

$38.7M

Shares

109.5K

% Port

4.02%

M

META PLATFORMS INC

-0.1%

Value

$38M

Shares

67.5K

% Port

3.96%

A

APPLE INC

-0.2%

Value

$36.8M

Shares

127.0K

% Port

3.82%

J

JOHNSON & JOHNSON

-0.6%

Value

$30.5M

Shares

120.1K

% Port

3.17%

W

WALMART INC

-0.5%

Value

$25.5M

Shares

225.4K

% Port

2.65%

F

FASTENAL CO

-2.9%

Value

$25.3M

Shares

527.3K

% Port

2.63%

P

PAYCHEX INC

+0.7%

Value

$24.4M

Shares

248.0K

% Port

2.54%

X

12.XOM

EXXON MOBIL CORP

-1.8%

Value

$23.5M

Shares

171.6K

% Port

2.44%

D

13.DOV

DOVER CORP

-0.8%

Value

$23.4M

Shares

104.2K

% Port

2.43%

C

CISCO SYS INC

-1.3%

Value

$23M

Shares

195.4K

% Port

2.39%

A

15.AXP

AMERICAN EXPRESS CO

+0.5%

Value

$22.5M

Shares

66.4K

% Port

2.34%

M

16.MRK

MERCK & CO INC

-2.2%

Value

$19.2M

Shares

149.6K

% Port

2.00%

P

17.PG

PROCTER & GAMBLE CO

-4.8%

Value

$18.5M

Shares

126.4K

% Port

1.93%

B

BOOKING HOLDINGS INC

+2412.5%

Value

$17M

Shares

95.4K

% Port

1.77%

L

LANDSTAR SYS INC

+0.3%

Value

$13.9M

Shares

67.1K

% Port

1.44%

J

JPMORGAN CHASE & CO

-0.2%

Value

$13.7M

Shares

41.9K

% Port

1.42%

View full portfolio (133 holdings) →

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