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Livermore
Livermore
ZHEN

Parthenon LLC

SEC CIK
0001088859
Latest filing
Jul 23, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Oct 31, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
129
+3 vs. Q2 2025
Portfolio value
$902.5M
+$28.4M (+3.2%) vs. Q2 2025
Filed
Oct 31, 2025
SEC
Holdings of Parthenon LLC in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock232,456$120.4M13.3%−10,118−4.2%ReducedHistory
BRK.BBerkshire Hathaway IncStock138,201$69.5M7.7%−4,085−2.9%ReducedHistory
METAMeta Platforms, Inc.Stock69,475$51.0M5.7%−2,134−3.0%ReducedHistory
GOOGLAlphabet Inc.Stock160,642$39.1M4.3%−6,180−3.7%ReducedHistory
AAPLApple Inc.Stock131,469$33.5M3.7%−606−0.5%ReducedHistory
PAYXPaychex IncStock246,804$31.3M3.5%−3,101−1.2%ReducedHistory
GOOGAlphabet Inc.Stock127,366$31.0M3.4%−10,855−7.9%ReducedHistory
FASTFastenal CoStock542,816$26.6M2.9%+816+0.2%AddedHistory
WMTWalmart Inc.Stock227,253$23.4M2.6%−3,459−1.5%ReducedHistory
JNJJohnson & JohnsonStock123,464$22.9M2.5%−1,085−0.9%ReducedHistory
AXPAmerican Express CoStock68,488$22.7M2.5%−1,097−1.6%ReducedHistory
PGProcter & Gamble CoStock137,752$21.2M2.3%−5,851−4.1%ReducedHistory
XOMExxonMobil Holdings CorpCOM177,077$20.0M2.2%−8,869−4.8%ReducedHistory
GLWCorning IncCOM232,643$19.1M2.1%−10,932−4.5%ReducedHistory
BKNGBooking Holdings Inc.Stock3,519$19.0M2.1%−35−1.0%ReducedHistory
DOVDOVER CorpCOM106,263$17.7M2.0%−1,074−1.0%ReducedHistory
PEPPepsiCo IncStock101,650$14.3M1.6%+80+0.1%AddedHistory
ICLRIcon PLCCOM79,785$14.0M1.5%+17,815+28.7%AddedHistory
SYKStryker CorpStock37,532$13.9M1.5%−873−2.3%ReducedHistory
JPMJPMorgan Chase & CoStock43,360$13.7M1.5%+462+1.1%AddedHistory
CSCOCisco Systems, Inc.Stock198,633$13.6M1.5%−1,873−0.9%ReducedHistory
SCHWSchwab Charles CorpStock135,888$13.0M1.4%−4,917−3.5%ReducedHistory
MRKMerck & Co., Inc.Stock154,162$12.9M1.4%−2,102−1.3%ReducedHistory
MDLZMondelez International, Inc.Stock163,234$10.2M1.1%−2,974−1.8%ReducedHistory
HDHome Depot, Inc.Stock23,103$9.36M1.0%−145−0.6%ReducedHistory
Vanguard S&P 500 ETF922908363ETF15,140$9.27M1.0%+805+5.6%Added–
WATWaters CorpCOM30,261$9.07M1.0%−1,470−4.6%ReducedHistory
CVSCVS Health CorpStock119,845$9.04M1.0%−13,389−10.0%ReducedHistory
DISWalt Disney CoStock74,159$8.49M0.9%−867−1.2%ReducedHistory
LSTRLandstar System IncCOM67,877$8.32M0.9%+485+0.7%AddedHistory
YETIYETI Holdings, Inc.COM221,842$7.36M0.8%−1,503−0.7%ReducedHistory
CHDNChurchill Downs IncCOM73,086$7.09M0.8%00.0%UnchangedHistory
BATRKAtlanta Braves Holdings, Inc.COM SER C170,344$7.08M0.8%+12,049+7.6%AddedHistory
MDTMedtronic plcStock71,969$6.85M0.8%−15,268−17.5%ReducedHistory
GEGeneral Electric CoStock22,553$6.78M0.8%−264−1.2%ReducedHistory
PNCPNC Financial Services Group, Inc.Stock33,424$6.72M0.7%00.0%UnchangedHistory
iShares Core S&P Small Cap ETF464287804ETF55,882$6.64M0.7%+3,875+7.5%Added–
Vanguard Ftse Emerging Markets ETF922042858ETF118,218$6.41M0.7%+3,025+2.6%Added–
Vanguard Ftse Developed Markets ETF921943858ETF85,271$5.11M0.6%+3,110+3.8%Added–
PMPhilip Morris International Inc.Stock29,490$4.78M0.5%+349+1.2%AddedHistory
HSYHershey CoCOM24,240$4.53M0.5%−275−1.1%ReducedHistory
BRK.ABerkshire Hathaway IncCL A6$4.53M0.5%−1−14.3%ReducedHistory
MCDMcDonalds CorpStock14,465$4.40M0.5%00.0%UnchangedHistory
KOCoca Cola CoStock62,034$4.11M0.5%−300−0.5%ReducedHistory
ABBVAbbVie Inc.Stock15,367$3.56M0.4%−5,731−27.2%ReducedHistory
SJMJ M SMUCKER CoStock32,728$3.55M0.4%−9,669−22.8%ReducedHistory
NVDANVIDIA CorpStock18,648$3.48M0.4%−5,500−22.8%ReducedHistory
MOAltria Group, Inc.Stock49,788$3.29M0.4%+461+0.9%AddedHistory
LLYEli Lilly & CoStock4,302$3.28M0.4%−790−15.5%ReducedHistory
TPBTurning Point Brands, Inc.COM30,770$3.04M0.3%−18,000−36.9%ReducedHistory
ABTAbbott LaboratoriesStock21,732$2.91M0.3%−7,831−26.5%ReducedHistory
Vanguard Intl Equity Index F922042866FTSE PACIFIC ETF32,993$2.90M0.3%00.0%Unchanged–
BF.BBrown Forman CorpStock105,035$2.84M0.3%+1,000+1.0%AddedHistory
CLARClarus CorpCOM720,240$2.52M0.3%+282,103+64.4%AddedHistory
GEVGE Vernova Inc.Stock3,855$2.37M0.3%−3−0.1%ReducedHistory
NKENIKE, Inc.Stock31,709$2.21M0.2%+4,625+17.1%AddedHistory
CLColgate Palmolive CoStock27,486$2.20M0.2%00.0%UnchangedHistory
IBMInternational Business Machines CorpStock7,408$2.09M0.2%−1,011−12.0%ReducedHistory
ORCLOracle CorpStock7,073$1.99M0.2%−50−0.7%ReducedHistory
iShares Core S&P 500 ETF464287200ETF2,887$1.93M0.2%−50−1.7%Reduced–
Vanguard Morningstar Total Stock Market ETF922908769ETF5,592$1.84M0.2%+251+4.7%Added–
CVXChevron CorpStock11,719$1.82M0.2%00.0%UnchangedHistory
THRYThryv Holdings, Inc.COM NEW150,673$1.82M0.2%00.0%UnchangedHistory
Vanguard Intl Equity Index F922042874FTSE EUROPE ETF22,400$1.79M0.2%00.0%Unchanged–
SMGScotts Miracle-Gro CoStock30,255$1.72M0.2%−2,150−6.6%ReducedHistory
USBUS Bancorp DECOM NEW31,966$1.54M0.2%00.0%UnchangedHistory
SPYSPDR S&P 500 ETF TrustETF2,204$1.47M0.2%−22−1.0%ReducedHistory
RSSSResearch Solutions, Inc.COM392,284$1.46M0.2%00.0%UnchangedHistory
TFXTeleflex IncCOM11,808$1.44M0.2%−100−0.8%ReducedHistory
ZTSZoetis Inc.Stock9,485$1.39M0.2%00.0%UnchangedHistory
ADPAutomatic Data Processing IncStock4,700$1.38M0.2%00.0%UnchangedHistory
KVUEKenvue Inc.Stock84,246$1.37M0.2%−4,134−4.7%ReducedHistory
RELLRichardson Electronics, Ltd.COM134,316$1.31M0.1%00.0%UnchangedHistory
PFEPfizer IncStock49,780$1.27M0.1%−44,244−47.1%ReducedHistory
MMM3M CoStock8,037$1.25M0.1%00.0%UnchangedHistory
Vanguard Ftse All-World Ex-US Index Fund922042775ETF17,328$1.24M0.1%−1,075−5.8%Reduced–
COSTCostco Wholesale CorpStock1,303$1.21M0.1%+50+4.0%AddedHistory
iShares Russell 2000 ETF464287655ETF4,747$1.15M0.1%00.0%Unchanged–
INTUIntuit Inc.Stock1,675$1.14M0.1%00.0%UnchangedHistory
BSXBoston Scientific CorpStock10,509$1.03M0.1%−2,624−20.0%ReducedHistory
iShares Russell Midcap ETF464287499ETF9,323$900.1K0.1%−420−4.3%Reduced–
YUMYum Brands IncStock5,604$851.8K0.1%00.0%UnchangedHistory
MSIMotorola Solutions, Inc.Stock1,707$780.8K0.1%+29+1.7%AddedHistory
JCTCJewett Cameron Trading Co LtdCOM NEW217,053$746.7K0.1%00.0%UnchangedHistory
LOWLowes Companies IncStock2,971$746.6K0.1%00.0%UnchangedHistory
iShares Tr464287622RUS 1000 ETF1,980$723.6K0.1%00.0%Unchanged–
MAMastercard IncStock1,243$707.0K0.1%00.0%UnchangedHistory
iShares S&P 500 Growth ETF464287309ETF5,136$620.0K0.1%00.0%Unchanged–
iShares MSCI USA Min Vol Factor ETF46429B697ETF6,174$587.4K0.1%00.0%Unchanged–
VVisa Inc.Stock1,663$567.7K0.1%00.0%UnchangedHistory
WMWaste Management IncStock2,538$560.5K0.1%00.0%UnchangedHistory
COHRCoherent Corp.COM5,040$542.9K0.1%−60−1.2%ReducedHistory
ETNEaton Corp plcStock1,425$533.3K0.1%00.0%UnchangedHistory
AMZNAmazon Com IncStock2,390$524.8K0.1%+220+10.1%AddedHistory
TAT&T Inc.Stock18,098$511.1K0.1%00.0%UnchangedHistory
BF.ABrown Forman CorpCL A18,200$489.8K0.1%+1,000+5.8%AddedHistory
CINFCincinnati Financial CorpCOM3,000$474.3K0.1%00.0%UnchangedHistory
State Street Technology Select Sector SPDR ETF81369Y803ETF1,550$436.9K<0.1%−100−6.1%Reduced–
JBLJabil IncStock2,000$434.3K<0.1%00.0%UnchangedHistory
TFCTruist Financial CorpCOM9,112$416.6K<0.1%00.0%UnchangedHistory

Sold out since Q2 2025 (1)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of Parthenon LLC sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
WBAWalgreens Boots Alliance, Inc.COM44,648$512.6K0.1%History