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Portfolio (Quarterly) Guide ↗

PARTHENON LLC

· CIK 0001088859
13F Portfolio $927M AUM 131 positions Filed Jan 23, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 6 New 5 Added 52 Reduced 4 Exited
Page 1 of 7  ·  131 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 MSFT MICROSOFT CORP Technology 227,469.0 $110.0M 11.87% -5K -2.1% $483.62 -14.7%
2 BERKSHIRE HATHAWAY INC DEL 138,619.0 $69.7M 7.52% $502.65
3 GOOGL ALPHABET INC Communication Services 159,113.0 $49.8M 5.37% -2K -0.9% $313.00 +24.2%
4 META META PLATFORMS INC Communication Services 68,540.0 $45.2M 4.88% -935.0 -1.4% $660.09 -3.8%
5 GOOG ALPHABET INC Communication Services 117,331.0 $36.8M 3.97% -10K -7.9% $313.80 +22.6%
6 AAPL APPLE INC Technology 128,855.0 $35.0M 3.78% -3K -2.0% $271.86 +14.3%
7 PAYX PAYCHEX INC Industrials 244,890.0 $27.5M 2.96% -2K -0.8% $112.18 -15.8%
8 WMT WALMART INC Consumer Defensive 227,862.0 $25.4M 2.74% $111.41 +6.4%
9 JNJ JOHNSON & JOHNSON Healthcare 122,312.0 $25.3M 2.73% -1K -0.9% $206.95 +11.8%
10 AXP AMERICAN EXPRESS CO Financial Services 67,410.0 $24.9M 2.69% -1K -1.6% $369.95 -15.5%
11 FAST FASTENAL CO Industrials 544,840.0 $21.9M 2.36% $40.13 +11.7%
12 XOM EXXON MOBIL CORP Energy 175,841.0 $21.2M 2.28% -1K -0.7% $120.34 +24.5%
13 DOV DOVER CORP Industrials 105,296.0 $20.6M 2.22% -967.0 -0.9% $195.24 +9.3%
14 GLW CORNING INC Technology 230,650.0 $20.2M 2.18% -2K -0.9% $87.56 +118.1%
15 PG PROCTER AND GAMBLE CO Consumer Defensive 135,205.0 $19.4M 2.09% -3K -1.9% $143.31 +2.9%
16 BKNG BOOKING HOLDINGS INC Consumer Cyclical 3,467.0 $18.6M 2.00% -52.0 -1.5% $5355.33 -96.9%
17 MRK MERCK & CO INC Healthcare 153,741.0 $16.2M 1.75% $105.26 +14.2%
18 CRM SALESFORCE INC Technology 57,805.0 $15.3M 1.65% NEW $264.91 -33.0%
19 CSCO CISCO SYS INC Technology 198,089.0 $15.3M 1.65% $77.03 +55.4%
20 PEP PEPSICO INC Consumer Defensive 100,965.0 $14.5M 1.56% -685.0 -0.7% $143.52 +2.9%
Page 1 of 7  ·  131 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.2%
Communication Services 17.8%
Healthcare 14.0%
Consumer Defensive 11.8%
Industrials 11.5%
Financial Services 8.0%
Consumer Cyclical 7.1%
Energy 2.9%
Basic Materials 0.3%
Utilities 0.3%