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Parthenon LLC

SEC CIK
0001088859
Latest filing
Jul 23, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Jul 29, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
126
+4 vs. Q1 2025
Portfolio value
$874.1M
+$61.0M (+7.5%) vs. Q1 2025
Filed
Jul 29, 2025
SEC
Holdings of Parthenon LLC in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock242,574$120.7M13.8%−4,258−1.7%ReducedHistory
BRK.BBerkshire Hathaway IncStock142,286$69.1M7.9%−365−0.3%ReducedHistory
METAMeta Platforms, Inc.Stock71,609$52.9M6.0%−415−0.6%ReducedHistory
PAYXPaychex IncStock249,905$36.4M4.2%−5,015−2.0%ReducedHistory
GOOGLAlphabet Inc.Stock166,822$29.4M3.4%+160+0.1%AddedHistory
AAPLApple Inc.Stock132,075$27.1M3.1%+625+0.5%AddedHistory
GOOGAlphabet Inc.Stock138,221$24.5M2.8%−640−0.5%ReducedHistory
PGProcter & Gamble CoStock143,603$22.9M2.6%−1,795−1.2%ReducedHistory
FASTFastenal CoStock542,000$22.8M2.6%00.0%UnchangedConverted for a 2-for-1 splitHistory
WMTWalmart Inc.Stock230,712$22.6M2.6%−680−0.3%ReducedHistory
AXPAmerican Express CoStock69,585$22.2M2.5%+65+0.1%AddedHistory
BKNGBooking Holdings Inc.Stock3,554$20.6M2.4%−20−0.6%ReducedHistory
XOMExxonMobil Holdings CorpCOM185,946$20.0M2.3%−3,555−1.9%ReducedHistory
DOVDOVER CorpCOM107,337$19.7M2.2%+417+0.4%AddedHistory
JNJJohnson & JohnsonStock124,549$19.0M2.2%−461−0.4%ReducedHistory
SYKStryker CorpStock38,405$15.2M1.7%−100.0%ReducedHistory
CSCOCisco Systems, Inc.Stock200,506$13.9M1.6%−3,535−1.7%ReducedHistory
PEPPepsiCo IncStock101,570$13.4M1.5%+1,185+1.2%AddedHistory
SCHWSchwab Charles CorpStock140,805$12.8M1.5%−500−0.4%ReducedHistory
GLWCorning IncCOM243,575$12.8M1.5%−1,500−0.6%ReducedHistory
JPMJPMorgan Chase & CoStock42,898$12.4M1.4%+85+0.2%AddedHistory
MRKMerck & Co., Inc.Stock156,264$12.4M1.4%+300+0.2%AddedHistory
MDLZMondelez International, Inc.Stock166,208$11.2M1.3%−1,735−1.0%ReducedHistory
WATWaters CorpCOM31,731$11.1M1.3%−855−2.6%ReducedHistory
LSTRLandstar System IncCOM67,392$9.37M1.1%−280−0.4%ReducedHistory
DISWalt Disney CoStock75,026$9.30M1.1%+730+1.0%AddedHistory
CVSCVS Health CorpStock133,234$9.19M1.1%−8,614−6.1%ReducedHistory
ICLRIcon PLCCOM61,970$9.01M1.0%+61,970NewHistory
HDHome Depot, Inc.Stock23,248$8.52M1.0%−303−1.3%ReducedHistory
Vanguard S&P 500 ETF922908363ETF14,335$8.14M0.9%+272+1.9%Added–
MDTMedtronic plcStock87,237$7.60M0.9%−2,701−3.0%ReducedHistory
BATRKAtlanta Braves Holdings, Inc.COM SER C158,295$7.40M0.8%+71,855+83.1%AddedHistory
CHDNChurchill Downs IncCOM73,086$7.38M0.8%00.0%UnchangedHistory
YETIYETI Holdings, Inc.COM223,345$7.04M0.8%+2,100+0.9%AddedHistory
PNCPNC Financial Services Group, Inc.Stock33,424$6.23M0.7%00.0%UnchangedHistory
GEGeneral Electric CoStock22,817$5.87M0.7%00.0%UnchangedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF115,193$5.70M0.7%+1,225+1.1%Added–
iShares Core S&P Small Cap ETF464287804ETF52,007$5.68M0.7%+690+1.3%Added–
PMPhilip Morris International Inc.Stock29,141$5.31M0.6%00.0%UnchangedHistory
BRK.ABerkshire Hathaway IncCL A7$5.10M0.6%00.0%UnchangedHistory
Vanguard Ftse Developed Markets ETF921943858ETF82,161$4.68M0.5%+700+0.9%Added–
KOCoca Cola CoStock62,334$4.41M0.5%−2,839−4.4%ReducedHistory
MCDMcDonalds CorpStock14,465$4.23M0.5%00.0%UnchangedHistory
SJMJ M SMUCKER CoStock42,397$4.16M0.5%−265−0.6%ReducedHistory
HSYHershey CoCOM24,515$4.07M0.5%−150−0.6%ReducedHistory
ABTAbbott LaboratoriesStock29,563$4.02M0.5%00.0%UnchangedHistory
LLYEli Lilly & CoStock5,092$3.97M0.5%+50+1.0%AddedHistory
ABBVAbbVie Inc.Stock21,098$3.92M0.4%−500−2.3%ReducedHistory
NVDANVIDIA CorpStock24,148$3.82M0.4%+198+0.8%AddedHistory
TPBTurning Point Brands, Inc.COM48,770$3.70M0.4%00.0%UnchangedHistory
MOAltria Group, Inc.Stock49,327$2.89M0.3%00.0%UnchangedHistory
BF.BBrown Forman CorpStock104,035$2.80M0.3%00.0%UnchangedHistory
Vanguard Intl Equity Index F922042866FTSE PACIFIC ETF32,993$2.71M0.3%−200−0.6%Reduced–
CLColgate Palmolive CoStock27,486$2.50M0.3%00.0%UnchangedHistory
IBMInternational Business Machines CorpStock8,419$2.48M0.3%−923−9.9%ReducedHistory
PFEPfizer IncStock94,024$2.28M0.3%−2,065−2.1%ReducedHistory
SMGScotts Miracle-Gro CoStock32,405$2.14M0.2%−6,015−15.7%ReducedHistory
GEVGE Vernova Inc.Stock3,858$2.04M0.2%−21−0.5%ReducedHistory
NKENIKE, Inc.Stock27,084$1.92M0.2%+785+3.0%AddedHistory
KVUEKenvue Inc.Stock88,380$1.85M0.2%−24,400−21.6%ReducedHistory
THRYThryv Holdings, Inc.COM NEW150,673$1.83M0.2%+25,000+19.9%AddedHistory
iShares Core S&P 500 ETF464287200ETF2,937$1.82M0.2%00.0%Unchanged–
Vanguard Intl Equity Index F922042874FTSE EUROPE ETF22,400$1.74M0.2%00.0%Unchanged–
CVXChevron CorpStock11,719$1.68M0.2%00.0%UnchangedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF5,341$1.62M0.2%+151+2.9%Added–
ORCLOracle CorpStock7,123$1.56M0.2%+105+1.5%AddedHistory
CLARClarus CorpCOM438,137$1.52M0.2%+108,097+32.8%AddedHistory
ZTSZoetis Inc.Stock9,485$1.48M0.2%+75+0.8%AddedHistory
ADPAutomatic Data Processing IncStock4,700$1.45M0.2%00.0%UnchangedHistory
USBUS Bancorp DECOM NEW31,966$1.45M0.2%−2,250−6.6%ReducedHistory
BSXBoston Scientific CorpStock13,133$1.41M0.2%00.0%UnchangedHistory
TFXTeleflex IncCOM11,908$1.41M0.2%00.0%UnchangedHistory
SPYSPDR S&P 500 ETF TrustETF2,226$1.38M0.2%−40−1.8%ReducedHistory
INTUIntuit Inc.Stock1,675$1.32M0.2%00.0%UnchangedHistory
RELLRichardson Electronics, Ltd.COM134,316$1.30M0.1%00.0%UnchangedHistory
COSTCostco Wholesale CorpStock1,253$1.24M0.1%+25+2.0%AddedHistory
Vanguard Ftse All-World Ex-US Index Fund922042775ETF18,403$1.24M0.1%−600−3.2%Reduced–
MMM3M CoStock8,037$1.22M0.1%−10.0%ReducedHistory
RSSSResearch Solutions, Inc.COM392,284$1.13M0.1%00.0%UnchangedHistory
iShares Russell 2000 ETF464287655ETF4,747$1.02M0.1%−100−2.1%Reduced–
iShares Russell Midcap ETF464287499ETF9,743$896.1K0.1%−580−5.6%Reduced–
YUMYum Brands IncStock5,604$830.4K0.1%00.0%UnchangedHistory
JCTCJewett Cameron Trading Co LtdCOM NEW217,053$809.6K0.1%00.0%UnchangedHistory
MSIMotorola Solutions, Inc.Stock1,678$705.5K0.1%−465−21.7%ReducedHistory
MAMastercard IncStock1,243$698.5K0.1%00.0%UnchangedHistory
iShares Tr464287622RUS 1000 ETF1,980$672.3K0.1%00.0%Unchanged–
LOWLowes Companies IncStock2,971$659.2K0.1%00.0%UnchangedHistory
VVisa Inc.Stock1,663$590.4K0.1%+46+2.8%AddedHistory
WMWaste Management IncStock2,538$580.7K0.1%+38+1.5%AddedHistory
iShares MSCI USA Min Vol Factor ETF46429B697ETF6,174$579.6K0.1%00.0%Unchanged–
iShares S&P 500 Growth ETF464287309ETF5,136$565.5K0.1%00.0%Unchanged–
TAT&T Inc.Stock18,098$523.7K0.1%00.0%UnchangedHistory
WBAWalgreens Boots Alliance, Inc.COM44,648$512.6K0.1%−9,000−16.8%ReducedHistory
ETNEaton Corp plcStock1,425$508.7K0.1%00.0%UnchangedHistory
AMZNAmazon Com IncStock2,170$476.1K0.1%+100+4.8%AddedHistory
BF.ABrown Forman CorpCL A17,200$472.5K0.1%00.0%UnchangedHistory
COHRCoherent Corp.COM5,100$455.0K0.1%00.0%UnchangedHistory
CINFCincinnati Financial CorpCOM3,000$446.8K0.1%00.0%UnchangedHistory
JBLJabil IncStock2,000$436.2K<0.1%00.0%UnchangedHistory
State Street Technology Select Sector SPDR ETF81369Y803ETF1,650$417.8K<0.1%−50−2.9%Reduced–

Sold out since Q1 2025 (2)

Positions held at the end of Q1 2025 that are gone from this filing.

Positions of Parthenon LLC sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
DDDuPont de Nemours, Inc.COM6,809$508.5K0.1%History
UNHUnitedHealth Group IncStock546$286.0K<0.1%History