DF Dent & Co. Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), DF Dent & Co. Inc. reported 251 stock positions worth $7.9 billion. Its top holding was Heico Class A (HEI.A) at 4.0% of the portfolio, followed by Visa Class A (V, 3.5%) and Transdigm (TDG, 3.2%). Compared with Q1 2025, it opened 13 new positions, sold out of 22, added to 108 and reduced 78. The biggest buy was Microsoft (MSFT, shares +2%) and the biggest sale Zoetis (ZTS, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0000934999
- Portfolio Value
- $7.9B (Q2 2025)
- SEC Filing
- 0000934999-25-000005 ↗ filed Aug 14, 2025
Holdings Value
Holdings 251 stocks · $7.9B
| HEI.A Heico Corp. Class A | 4.02% | 1,223,525 | $316.6M | Reduce -1.1% |
| V Visa Inc. Class A | 3.48% | 772,655 | $274.3M | Reduce -1.4% |
| TDG Transdigm Group Inc. | 3.20% | 165,812 | $252.1M | Reduce -1.3% |
| VMC Vulcan Materials Co. | 2.91% | 879,674 | $229.4M | Reduce -4.4% |
| WCN Waste Connections Inc. | 2.89% | 1,221,315 | $228.0M | Reduce -1.5% |
| ECL Ecolab Inc. | 2.81% | 822,056 | $221.5M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 2.80% | 1,005,838 | $220.7M | Reduce -1.7% |
| MA Mastercard Inc. Class A | 2.73% | 383,332 | $215.4M | Reduce -1.9% |
| MCO Moody's Corp. | 2.73% | 428,196 | $214.8M | Reduce -1.7% |
| ANSS Ansys Inc. | 2.58% | 577,930 | $203.0M | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 2.39% | 1,061,974 | $188.4M | Reduce -2.2% |
| VEEV Veeva Systems Inc. Class A | 2.38% | 651,477 | $187.6M | Reduce -9.1% |
| CSGP Costar Group Inc. | 2.32% | 2,270,370 | $182.5M | Reduce -4.1% |
| ISRG Intuitive Surgical Inc. | 2.31% | 335,520 | $182.3M | Reduce -2.8% |
| MSFT Microsoft Corp. | 2.24% | 354,305 | $176.2M | Add +1.9% |
| VLTO Veralto Corp. | 2.12% | 1,653,556 | $166.9M | Reduce -7.2% |
| SPGI S&P Global Inc. | 2.05% | 306,036 | $161.4M | Reduce -2.7% |
| CBRE CBRE Group Inc. Class A | 1.93% | 1,085,574 | $152.1M | Reduce -0.9% |
| TECH Bio-Techne Corp. | 1.78% | 2,724,742 | $140.2M | Reduce -5.4% |
| FAST Fastenal Co. | 1.78% | 3,335,496 | $140.1M | Reduce -23.4% |
| CDNS Cadence Design SYS Inc. | 1.67% | 426,349 | $131.4M | Add +6.3% |
| MPWR Monolithic Power Systems Inc. | 1.59% | 171,078 | $125.1M | Add +6.9% |
| GWRE Guidewire Software Inc. | 1.56% | 521,411 | $122.8M | Reduce -20.0% |
| MANH Manhattan Associates Inc. | 1.51% | 604,493 | $119.4M | Add +14.7% |
| APPF Appfolio Inc. Class A | 1.45% | 494,818 | $113.9M | Add +26.3% |
| KNSL Kinsale Capital Group Inc. | 1.44% | 235,144 | $113.8M | Add +0.8% |
| DHR Danaher Corp. | 1.39% | 552,907 | $109.2M | Reduce -2.9% |
| GSHD Goosehead Insurance Inc. Class A | 1.33% | 992,329 | $104.7M | Add +11.1% |
| ODFL Old Dominion Freight Line | 1.28% | 621,309 | $100.8M | Reduce -21.5% |
| VRSK Verisk Analytics Inc. | 1.20% | 302,463 | $94.2M | Reduce -10.6% |
| WST West Pharmaceutical Services | 1.10% | 395,274 | $86.5M | Reduce -10.0% |
| TMO Thermo Fisher Scientific Inc. | 1.08% | 209,747 | $85.0M | Reduce -1.3% |
| MKL Markel Group Inc. | 1.08% | 42,498 | $84.9M | Reduce -23.1% |
| INTU Intuit Inc. | 0.99% | 99,506 | $78.4M | Reduce -2.1% |
| TYL Tyler Technologies Inc. | 0.96% | 127,980 | $75.9M | Add +28.8% |
| CPRT Copart Inc. | 0.96% | 1,545,998 | $75.9M | Add +65.0% |
| RGEN Repligen Corp. | 0.93% | 586,473 | $72.9M | Add +2.0% |
| TEAM Atlassian Corp. Class A | 0.89% | 345,767 | $70.2M | Add +15.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.79% | 78,114 | $62.6M | Reduce -5.0% |
| BAH Booz Allen Hamilton Holdings | 0.75% | 565,969 | $58.9M | Add +10.5% |
| UBER Uber Technologies Inc. | 0.75% | 631,126 | $58.9M | Add +0.2% |
| WNS WNS Holdings Ltd. filed as WNS HLDGS LTD | 0.71% | 884,164 | $55.9M | Add +1.2% |
| SITE Siteone Landscape Supply Inc. | 0.70% | 457,934 | $55.4M | Reduce -1.8% |
| PTC PTC Inc. | 0.64% | 294,121 | $50.7M | Add +69.8% |
| MEDP Medpace Holdings Inc. | 0.61% | 153,778 | $48.3M | Add +2.9% |
| NOW ServiceNow Inc. | 0.60% | 46,310 | $47.6M | Add +29.1% |
| SHW The Sherwin-Williams Co. | 0.60% | 138,023 | $47.4M | Reduce -3.9% |
| MSI Motorola Solutions Inc. | 0.60% | 111,857 | $47.0M | Add +99.2% |
| ORLY O'reilly Automotive Inc. | 0.59% | 519,770 | $46.8M | Reduce -2.9% |
| QCOM Qualcomm Inc. | 0.58% | 285,096 | $45.4M | Reduce -2.5% |
| AMT American Tower Corp. | 0.54% | 193,095 | $42.7M | Reduce -3.4% |
| FND Floor & Decor Holdings Inc. Class A | 0.54% | 555,060 | $42.2M | Add +18.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.52% | 79,681 | $40.6M | Reduce -4.1% |
| PRM Perimeter Solutions Inc. | 0.50% | 2,857,398 | $39.8M | Add +7.4% |
| MTD Mettler-Toledo International | 0.50% | 33,776 | $39.7M | Add +1.9% |
| RBC RBC Bearings Inc. | 0.49% | 100,927 | $38.8M | Add +25.1% |
| MSCI MSCI Inc. | 0.49% | 66,608 | $38.4M | Add +2.3% |
| CNM Core & Main Inc. Class A | 0.48% | 624,776 | $37.7M | Reduce -21.9% |
| HLNE Hamilton Lane Inc. Class A | 0.47% | 259,716 | $36.9M | Add +3.2% |
| MUSA Murphy USA Inc. | 0.45% | 86,393 | $35.1M | Add +23.8% |
| CWST Casella Waste Systems Inc. Class A | 0.44% | 300,099 | $34.6M | Add +3.9% |
| KMX Carmax Inc. | 0.44% | 513,568 | $34.5M | Reduce -37.3% |
| MCHP Microchip Technology Inc. | 0.40% | 447,536 | $31.5M | Add +3.8% |
| EXP Eagle Materials Inc. | 0.39% | 151,345 | $30.6M | Add +3.8% |
| HQY Healthequity Inc. | 0.38% | 284,667 | $29.8M | Add +1.7% |
| HAYW Hayward Holdings Inc. | 0.35% | 2,016,936 | $27.8M | Add +36.2% |
| FSS Federal Signal Corp. | 0.35% | 261,388 | $27.8M | Add +34.9% |
| DSGX The Descartes Systems Grp | 0.35% | 273,535 | $27.8M | Add +3.6% |
| MORN Morningstar Inc. | 0.35% | 87,012 | $27.3M | Add +4.9% |
| NOVT Novanta Inc. | 0.34% | 207,309 | $26.7M | Add +32.6% |
| ENTG Entegris Inc. | 0.33% | 324,945 | $26.2M | Add +28.3% |
| ROP Roper Technologies Inc. | 0.32% | 44,484 | $25.2M | Add +2.5% |
| IDXX Idexx Laboratories Inc. | 0.31% | 46,216 | $24.8M | Reduce -14.9% |
| AGYS Agilysys Inc. | 0.31% | 215,083 | $24.7M | Add +19.0% |
| CRL Charles River Laboratories | 0.31% | 162,460 | $24.7M | Add +41.3% |
| CSW CSW Industrials Inc. | 0.31% | 85,040 | $24.4M | Add +31.9% |
| IEX Idex Corp. | 0.30% | 132,785 | $23.3M | Add +2.4% |
| AIT Applied Industrial Tech Inc. | 0.29% | 99,154 | $23.0M | Add +115.0% |
| PCOR Procore Technologies Inc. | 0.29% | 329,611 | $22.6M | Add +3.9% |
| SPSC SPS Commerce Inc. | 0.28% | 163,518 | $22.3M | Add +0.1% |
| ALRM Alarm.com Holdings Inc. | 0.26% | 355,979 | $20.1M | Add +1.4% |
| UTZ Utz Brands Inc. | 0.25% | 1,591,433 | $20.0M | Add +41.5% |
| PG The Procter & Gamble Co. | 0.25% | 122,107 | $19.5M | Add +1.8% |
| AAPL Apple Inc. | 0.22% | 86,023 | $17.6M | Add +1.4% |
| PLOW Douglas Dynamics Inc. | 0.22% | 580,702 | $17.1M | Add +2.4% |
| KAI Kadant Inc. | 0.22% | 53,897 | $17.1M | Add +60.4% |
| COST Costco Wholesale Corp. | 0.21% | 16,710 | $16.5M | Add +0.2% |
| EXPO Exponent Inc. | 0.20% | 213,899 | $16.0M | Add +1.0% |
| SSD Simpson Manufacturing Co. Inc. | 0.20% | 101,531 | $15.8M | Add +1.8% |
| LMAT Lemaitre Vascular Inc. | 0.20% | 187,870 | $15.6M | Add +1.6% |
| JBTM JBT Marel Corp. | 0.19% | 123,668 | $14.9M | Reduce -28.1% |
| WDFC WD-40 Co. | 0.19% | 64,420 | $14.7M | Add +1.6% |
| TRUP Trupanion Inc. | 0.17% | 234,877 | $13.0M | Reduce -31.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.15% | 23,608 | $11.5M | Reduce -2.0% |
| ESE Esco Technologies Inc. | 0.14% | 59,430 | $11.4M | New |
| EVTC Evertec Inc. | 0.13% | 292,483 | $10.5M | Reduce -32.5% |
| MKTX Marketaxess Holdings Inc. | 0.13% | 46,126 | $10.3M | New |
| TTAN Servicetitan Inc. Class A | 0.13% | 95,731 | $10.3M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 0.13% | 35,045 | $10.2M | Reduce -9.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 13 | $9.5M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| ZTS Zoetis Inc. | Reduce -83.3% | 0.10% | −0.55 |
| TECH Bio-Techne Corp. | Reduce -5.4% | 1.78% | −0.48 |
| FAST Fastenal Co. | Reduce -23.4% | 1.78% | −0.48 |
| ODFL Old Dominion Freight Line | Reduce -21.5% | 1.28% | −0.47 |
| KMX Carmax Inc. | Reduce -37.3% | 0.44% | −0.41 |
| WCN Waste Connections Inc. | Reduce -1.5% | 2.89% | −0.34 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.3% | 1.08% | −0.33 |
| MKL Markel Group Inc. | Reduce -23.1% | 1.08% | −0.30 |
| WST West Pharmaceutical Services | Reduce -10.0% | 1.10% | −0.22 |
| BFAM Bright Horizons Family Solut | Sold out | 0.00% | −0.20 |
| VLTO Veralto Corp. | Reduce -7.2% | 2.12% | −0.20 |
| CSGP Costar Group Inc. | Reduce -4.1% | 2.32% | −0.19 |
| V Visa Inc. Class A | Reduce -1.4% | 3.48% | −0.19 |
| DAVA Endava PLC- Spon ADR | Reduce -97.8% | 0.00% | −0.17 |
| DHR Danaher Corp. | Reduce -2.9% | 1.39% | −0.17 |
| VRSK Verisk Analytics Inc. | Reduce -10.6% | 1.20% | −0.15 |
| RXST Rxsight Inc. | Sold out | 0.00% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -1.9% | 2.73% | −0.13 |
| JBTM JBT Marel Corp. | Reduce -28.1% | 0.19% | −0.09 |
| ORLY O'reilly Automotive Inc. | Reduce -2.9% | 0.59% | −0.09 |
| SPGI S&P Global Inc. | Reduce -2.7% | 2.05% | −0.09 |
| EVTC Evertec Inc. | Reduce -32.5% | 0.13% | −0.08 |
| GWRE Guidewire Software Inc. | Reduce -20.0% | 1.56% | −0.07 |
| SHW The Sherwin-Williams Co. | Reduce -3.9% | 0.60% | −0.07 |
| MCEWEN MNG INC | Sold out | 0.00% | −0.06 |
| ILMN Illumina Inc. | Reduce -74.4% | 0.02% | −0.06 |
| SITE Siteone Landscape Supply Inc. | Reduce -1.8% | 0.70% | −0.05 |
| AMT American Tower Corp. | Reduce -3.4% | 0.54% | −0.04 |
| CNM Core & Main Inc. Class A | Reduce -21.9% | 0.48% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -32.8% | 0.02% | −0.03 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.0% | 0.15% | −0.03 |
| RRC Range Resources Corp. | Reduce -48.1% | 0.03% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -2.5% | 0.58% | −0.02 |
| FNV Franco-Nevada Corp. | Reduce -47.7% | 0.02% | −0.02 |
| WPM Wheaton Precious Metals Corp. | Reduce -47.4% | 0.03% | −0.02 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.01 |
| SIG Signet Jewelers Ltd. | Sold out | 0.00% | −0.01 |
| ECL Ecolab Inc. | Reduce -1.4% | 2.81% | −0.01 |
| OTIS Otis Worldwide Corp. | Reduce -61.7% | 0.01% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -75.8% | 0.00% | −0.01 |
| CCI Crown Castle Inc. | Reduce -14.2% | 0.04% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.01 |
| WRB WR Berkley Corp. | Reduce -33.8% | 0.01% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.01 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −0.01 |
| KGC Kinross Gold Corp. | Sold out | 0.00% | −0.01 |
| TRUP Trupanion Inc. | Reduce -31.8% | 0.17% | −0.01 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +1.9% | 2.24% | +0.49 |
| MPWR Monolithic Power Systems Inc. | Add +6.9% | 1.59% | +0.35 |
| CDNS Cadence Design SYS Inc. | Add +6.3% | 1.67% | +0.31 |
| MANH Manhattan Associates Inc. | Add +14.7% | 1.51% | +0.30 |
| APPF Appfolio Inc. Class A | Add +26.3% | 1.45% | +0.30 |
| PTC PTC Inc. | Add +69.8% | 0.64% | +0.28 |
| MSI Motorola Solutions Inc. | Add +99.2% | 0.60% | +0.27 |
| CPRT Copart Inc. | Add +65.0% | 0.96% | +0.25 |
| NOW ServiceNow Inc. | Add +29.1% | 0.60% | +0.22 |
| TYL Tyler Technologies Inc. | Add +28.8% | 0.96% | +0.19 |
| FSS Federal Signal Corp. | Add +34.9% | 0.35% | +0.16 |
| AIT Applied Industrial Tech Inc. | Add +115.0% | 0.29% | +0.15 |
| PRM Perimeter Solutions Inc. | Add +7.4% | 0.50% | +0.15 |
| RBC RBC Bearings Inc. | Add +25.1% | 0.49% | +0.15 |
| ESE Esco Technologies Inc. | New | 0.14% | +0.14 |
| AGYS Agilysys Inc. | Add +19.0% | 0.31% | +0.14 |
| UBER Uber Technologies Inc. | Add +0.2% | 0.75% | +0.13 |
| MKTX Marketaxess Holdings Inc. | New | 0.13% | +0.13 |
| MCHP Microchip Technology Inc. | Add +3.8% | 0.40% | +0.12 |
| CRL Charles River Laboratories | Add +41.3% | 0.31% | +0.08 |
| HAYW Hayward Holdings Inc. | Add +36.2% | 0.35% | +0.08 |
| NOVT Novanta Inc. | Add +32.6% | 0.34% | +0.07 |
| KAI Kadant Inc. | Add +60.4% | 0.22% | +0.07 |
| CSW CSW Industrials Inc. | Add +31.9% | 0.31% | +0.06 |
| HQY Healthequity Inc. | Add +1.7% | 0.38% | +0.05 |
| TEAM Atlassian Corp. Class A | Add +15.4% | 0.89% | +0.04 |
| UTZ Utz Brands Inc. | Add +41.5% | 0.25% | +0.04 |
| PLOW Douglas Dynamics Inc. | Add +2.4% | 0.22% | +0.04 |
| COF Capital One Financial Corp. | Add +68.4% | 0.08% | +0.04 |
| ENTG Entegris Inc. | Add +28.3% | 0.33% | +0.04 |
| BAH Booz Allen Hamilton Holdings | Add +10.5% | 0.75% | +0.03 |
| FND Floor & Decor Holdings Inc. Class A | Add +18.4% | 0.54% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +17.4% | 0.07% | +0.01 |
| NTR Nutrien Ltd. | Add +391.0% | 0.02% | +0.01 |
| MORN Morningstar Inc. | Add +4.9% | 0.35% | +0.01 |
| TTAN Servicetitan Inc. Class A | Add +0.7% | 0.13% | +0.01 |
| CWST Casella Waste Systems Inc. Class A | Add +3.9% | 0.44% | +0.01 |
| MUSA Murphy USA Inc. | Add +23.8% | 0.45% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.01% | +0.01 |
| PCOR Procore Technologies Inc. | Add +3.9% | 0.29% | +0.01 |
| PM Philip Morris International | New | 0.01% | +0.01 |
| NVDA Nvidia Corp. | New | 0.01% | +0.01 |
| HUBB Hubbell Inc. | Add +51.6% | 0.01% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +122.5% | 0.01% | +0.00 |
| EFA iShares MSCI Eafe ETF | Add +27.6% | 0.02% | +0.00 |
| MEDP Medpace Holdings Inc. | Add +2.9% | 0.61% | +0.00 |
| AVGO Broadcom Inc. | New | 0.00% | +0.00 |
| LLY Eli Lilly & Co. | Add +26.3% | 0.03% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +19.0% | 0.02% | +0.00 |
| MS Morgan Stanley | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 271 | $5.3B | GOOG, V, HEI.A, AMZN, TDG |
| Q1 2026 | 262 | $5.2B | GOOG, V, AMZN, HEI.A, VMC |
| Q4 2025 | 263 | $6.9B | GOOG, HEI.A, V, VMC, AMZN |
| Q3 2025 | 272 | $7.7B | HEI.A, VMC, V, GOOG, TDG |
| Q2 2025 | 251 | $7.9B | HEI.A, V, TDG, VMC, WCN |
| Q1 2025 | 260 | $7.5B | V, HEI.A, WCN, TDG, VMC |
| Q4 2024 | 248 | $7.9B | V, VMC, AMZN, TECH, HEI.A |
| Q3 2024 | 261 | $8.2B | HEI.A, TECH, TDG, VMC, WCN |
| Q2 2024 | 244 | $7.7B | HEI.A, WCN, VMC, ISRG, TDG |
| Q1 2024 | 265 | $8.2B | VMC, TDG, WCN, ECL, ISRG |