Hendershot Investments Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Hendershot Investments Inc. reported 129 stock positions worth $734.7 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 15.8% of the portfolio, followed by Apple (AAPL, 5.1%) and Alphabet Class A (GOOGL, 4.3%). Compared with Q4 2024, it opened 2 new positions, sold out of 4, added to 51 and reduced 40. The biggest buy was General Dynamics (GD, shares +64%) and the biggest sale an exit from Starbucks (SBUX).
- Most Recent 13F
- Q2 2026
- Location
- CENTREVILLE, VA
- CIK
- 0001541496
- Portfolio Value
- $734.7M (Q1 2025)
- SEC Filing
- 0001541496-25-000006 ↗ filed May 6, 2025
Holdings Value
Holdings 129 stocks · $734.7M
| BRK.B Berkshire Hathaway Inc. Class B | 15.84% | 218,506 | $116.4M | Reduce -0.2% |
| AAPL Apple Inc. | 5.06% | 167,229 | $37.1M | Reduce -12.6% |
| GOOGL Alphabet Inc. Class A | 4.33% | 205,581 | $31.8M | Add +2.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 4.17% | 251,387 | $30.6M | Add +1.0% |
| BKNG Booking Holdings Inc. | 4.12% | 6,567 | $30.3M | Add +2.9% |
| JNJ Johnson & Johnson | 3.51% | 155,351 | $25.8M | Add +3.8% |
| V Visa Inc. Class A | 3.20% | 67,163 | $23.5M | Add +0.2% |
| UNH Unitedhealth Group Inc. | 3.20% | 44,837 | $23.5M | Add +5.2% |
| MSFT Microsoft Corp. | 3.07% | 60,012 | $22.5M | Add +1.1% |
| ADP Automatic Data Processing | 2.85% | 68,547 | $20.9M | Reduce -1.2% |
| MA Mastercard Inc. Class A | 2.65% | 35,567 | $19.5M | Add +0.4% |
| PEP Pepsico Inc. | 2.47% | 120,914 | $18.1M | Add +5.0% |
| GD General Dynamics Corp. | 2.35% | 63,237 | $17.2M | Add +64.0% |
| CTSH Cognizant Tech Solutions-A | 2.33% | 223,684 | $17.1M | Add +0.7% |
| GPC Genuine Parts Co. | 1.98% | 122,240 | $14.6M | Add +4.7% |
| GNTX Gentex Corp. | 1.90% | 598,362 | $13.9M | Reduce -9.2% |
| AMZN Amazon.com Inc. | 1.86% | 71,830 | $13.7M | Add +2.6% |
| RTX RTX Corp. | 1.85% | 102,611 | $13.6M | Reduce -1.1% |
| CPAY Corpay Inc. | 1.60% | 33,681 | $11.7M | Add +2.5% |
| RMD Resmed Inc. | 1.43% | 46,830 | $10.5M | Add +3.0% |
| TXRH Texas Roadhouse Inc. | 1.40% | 61,789 | $10.3M | Add +34.4% |
| PAYX Paychex Inc. | 1.38% | 65,698 | $10.1M | Reduce -0.5% |
| ORCL Oracle Corp. | 1.38% | 72,301 | $10.1M | Reduce -2.5% |
| TSCO Tractor Supply Company | 1.33% | 177,880 | $9.8M | Reduce -0.5% |
| ROST Ross Stores Inc. | 1.30% | 74,647 | $9.5M | Add +0.1% |
| ACN Accenture PLC Class A | 1.27% | 29,802 | $9.3M | Add +0.1% |
| CNI Canadian Natl Railway Co. | 1.24% | 93,261 | $9.1M | Reduce -17.3% |
| META Meta Platforms Inc. Class A | 1.22% | 15,613 | $9.0M | Reduce -1.5% |
| MOH Molina Healthcare Inc. | 1.22% | 27,145 | $8.9M | Add +4.8% |
| FAST Fastenal Co. | 1.08% | 102,381 | $7.9M | Reduce -2.7% |
| KNSL Kinsale Capital Group Inc. | 1.03% | 15,611 | $7.6M | Add +13.1% |
| ULTA Ulta Beauty Inc. | 0.98% | 19,629 | $7.2M | Reduce -1.9% |
| UPS United Parcel Service Class B | 0.92% | 61,255 | $6.7M | Reduce -16.1% |
| AXP American Express Co. | 0.89% | 24,361 | $6.6M | Reduce -0.0% |
| ADBE Adobe Inc. | 0.87% | 16,632 | $6.4M | New |
| FDS Factset Research Systems Inc. | 0.75% | 12,110 | $5.5M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 0.74% | 34,915 | $5.5M | Reduce -0.3% |
| NVDA Nvidia Corp. | 0.74% | 50,104 | $5.4M | Add +1199.4% |
| SYK Stryker Corp. | 0.67% | 13,276 | $4.9M | Add +5.9% |
| PHM Pultegroup Inc. | 0.53% | 38,214 | $3.9M | Reduce -0.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.46% | 12,295 | $3.4M | Add +15.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.43% | 4 | $3.2M | No change |
| VSEC Vse Corp. | 0.39% | 24,055 | $2.9M | Reduce -6.8% |
| PG The Procter & Gamble Co. | 0.39% | 16,925 | $2.9M | Add +0.8% |
| SCHR Schwab Intermediate-Term US | 0.38% | 110,913 | $2.8M | Add +3.0% |
| LLY Eli Lilly & Co. | 0.31% | 2,758 | $2.3M | Add +9.0% |
| CVX Chevron Corp. | 0.28% | 12,478 | $2.1M | Reduce -1.2% |
| JPM JPMorgan Chase & Co. | 0.28% | 8,503 | $2.1M | Add +3.3% |
| SCHB Schwab US Broad Market ETF | 0.25% | 84,068 | $1.8M | Reduce -0.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 16,490 | $1.6M | No change |
| ABBV Abbvie Inc. | 0.22% | 7,699 | $1.6M | Add +0.4% |
| TPL Texas Pacific Land Corp. | 0.20% | 1,137 | $1.5M | No change |
| PM Philip Morris International | 0.18% | 8,370 | $1.3M | Reduce -2.2% |
| MRK Merck & Co. Inc. | 0.18% | 14,585 | $1.3M | Reduce -5.7% |
| CEG Constellation Energy | 0.17% | 6,019 | $1.2M | Reduce -12.3% |
| HRL Hormel Foods Corp. | 0.16% | 37,979 | $1.2M | Reduce -4.2% |
| BN Brookfield Corp. | 0.16% | 22,196 | $1.2M | Reduce -1.6% |
| MCD McDonald's Corp. | 0.16% | 3,703 | $1.2M | Add +1.1% |
| ABT Abbott Laboratories | 0.16% | 8,684 | $1.2M | Add +1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.16% | 27,370 | $1.1M | No change |
| WMT Walmart Inc. | 0.15% | 12,894 | $1.1M | Add +1.5% |
| BND Vanguard Total Bond Market | 0.14% | 14,335 | $1.1M | Reduce -1.8% |
| WEC WEC Energy Group Inc. | 0.14% | 9,369 | $1.0M | Add +1.6% |
| OKE Oneok Inc. | 0.14% | 10,145 | $1.0M | No change |
| XOM Exxon Mobil Corp. | 0.13% | 8,200 | $975K | Add +2.1% |
| ED Consolidated Edison Inc. | 0.13% | 8,696 | $962K | Reduce -1.2% |
| KO The Coca-Cola Co. | 0.12% | 11,947 | $856K | Add +0.8% |
| PSA Public Storage | 0.11% | 2,801 | $838K | Reduce -11.0% |
| MDLZ Mondelez International Inc. Class A | 0.11% | 12,030 | $816K | Reduce -2.7% |
| TT Trane Technologies PLC | 0.10% | 2,270 | $765K | No change |
| ITW Illinois Tool Works | 0.10% | 3,015 | $748K | Add +4.1% |
| VIGI Vanguard Int Div App Indx FD | 0.10% | 8,776 | $728K | Add +1.9% |
| PLD Prologis Inc. | 0.10% | 6,326 | $707K | Reduce -10.3% |
| COST Costco Wholesale Corp. | 0.10% | 747 | $706K | Add +4.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.09% | 7,874 | $660K | No change |
| D Dominion Energy Inc. | 0.09% | 11,583 | $649K | Add +1.5% |
| TTE Totalenergies SE -Spon ADR | 0.09% | 9,675 | $626K | No change |
| WELL Welltower Inc. | 0.08% | 4,073 | $624K | Reduce -1.0% |
| PFE Pfizer Inc. | 0.08% | 24,525 | $621K | Add +1.7% |
| NSC Norfolk Southern Corp. | 0.08% | 2,480 | $587K | Reduce -2.1% |
| DUK Duke Energy Corp. | 0.08% | 4,814 | $587K | Add +0.2% |
| HD Home Depot Inc. | 0.08% | 1,597 | $585K | No change |
| SCHM Schwab US Mid Cap ETF | 0.08% | 21,956 | $575K | Add +1.6% |
| SCHA Schwab US Small-Cap ETF | 0.08% | 23,643 | $554K | Add +3.0% |
| MO Altria Group Inc. | 0.07% | 9,053 | $543K | Reduce -0.7% |
| PLTR Palantir Technologies Inc. Class A | 0.07% | 6,000 | $506K | Reduce -14.3% |
| GLD SPDR Gold Shares | 0.07% | 1,705 | $491K | Add +17.2% |
| APAM Artisan Partners Asset Ma -A | 0.06% | 11,475 | $449K | No change |
| PECO Phillips Edison & Company Inc. | 0.05% | 11,021 | $402K | Reduce -20.6% |
| OTTR Otter Tail Corp. | 0.05% | 5,000 | $402K | No change |
| USB US Bancorp | 0.05% | 8,816 | $372K | No change |
| NVS Novartis AG-Sponsored ADR | 0.05% | 3,331 | $371K | No change |
| EXC Exelon Corp. | 0.05% | 7,999 | $369K | No change |
| BAM Brookfield Asset Mgmt-A | 0.05% | 7,158 | $347K | No change |
| O Realty Income Corp. | 0.04% | 5,675 | $329K | Reduce -15.2% |
| LHX L3HARRIS Technologies Inc. | 0.04% | 1,568 | $328K | Add +15.0% |
| YUM Yum! Brands Inc. | 0.04% | 2,012 | $317K | No change |
| FDX FedEx Corp. | 0.04% | 1,207 | $294K | Add +4.3% |
| VIG Vanguard Dividend Apprec ETF | 0.04% | 1,464 | $284K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.04% | 605 | $284K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| SBUX Starbucks Corp. | Sold out | 0.00% | −1.51 |
| AAPL Apple Inc. | Reduce -12.6% | 5.06% | −1.47 |
| GNTX Gentex Corp. | Reduce -9.2% | 1.90% | −0.68 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.63 |
| UPS United Parcel Service Class B | Reduce -16.1% | 0.92% | −0.34 |
| CNI Canadian Natl Railway Co. | Reduce -17.3% | 1.24% | −0.32 |
| ORCL Oracle Corp. | Reduce -2.5% | 1.38% | −0.31 |
| ULTA Ulta Beauty Inc. | Reduce -1.9% | 0.98% | −0.21 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 0.74% | −0.17 |
| AXP American Express Co. | Reduce -0.0% | 0.89% | −0.09 |
| CEG Constellation Energy | Reduce -12.3% | 0.17% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -1.5% | 1.22% | −0.04 |
| PHM Pultegroup Inc. | Reduce -0.7% | 0.53% | −0.04 |
| BHRB Burke & Herbert Financial SE | Reduce -50.1% | 0.03% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -5.7% | 0.18% | −0.03 |
| MET Metlife Inc. | Sold out | 0.00% | −0.02 |
| BN Brookfield Corp. | Reduce -1.6% | 0.16% | −0.02 |
| MFC Manulife Financial Corp. | Reduce -35.6% | 0.03% | −0.02 |
| PECO Phillips Edison & Company Inc. | Reduce -20.6% | 0.05% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -0.7% | 0.25% | −0.02 |
| PSA Public Storage | Reduce -11.0% | 0.11% | −0.01 |
| AVGO Broadcom Inc. | Reduce -1.5% | 0.03% | −0.01 |
| HRL Hormel Foods Corp. | Reduce -4.2% | 0.16% | −0.01 |
| PLD Prologis Inc. | Reduce -10.3% | 0.10% | −0.01 |
| SCHO Schwab Short-Term US Treas | Sold out | 0.00% | −0.00 |
| BP BP PLC-Spons ADR | Reduce -24.1% | 0.03% | −0.00 |
| O Realty Income Corp. | Reduce -15.2% | 0.04% | −0.00 |
| PLTR Palantir Technologies Inc. Class A | Reduce -14.3% | 0.07% | −0.00 |
| NSC Norfolk Southern Corp. | Reduce -2.1% | 0.08% | −0.00 |
| BND Vanguard Total Bond Market | Reduce -1.8% | 0.14% | +0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.4% | 0.04% | +0.00 |
| MO Altria Group Inc. | Reduce -0.7% | 0.07% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.7% | 0.11% | +0.01 |
| WELL Welltower Inc. | Reduce -1.0% | 0.08% | +0.01 |
| ED Consolidated Edison Inc. | Reduce -1.2% | 0.13% | +0.02 |
| CVX Chevron Corp. | Reduce -1.2% | 0.28% | +0.03 |
| PM Philip Morris International | Reduce -2.2% | 0.18% | +0.04 |
| TSCO Tractor Supply Company | Reduce -0.5% | 1.33% | +0.04 |
| FAST Fastenal Co. | Reduce -2.7% | 1.08% | +0.05 |
| VSEC Vse Corp. | Reduce -6.8% | 0.39% | +0.06 |
| ADP Automatic Data Processing | Reduce -1.2% | 2.85% | +0.08 |
| PAYX Paychex Inc. | Reduce -0.5% | 1.38% | +0.12 |
| RTX RTX Corp. | Reduce -1.1% | 1.85% | +0.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 15.84% | +2.31 |
Portfolio Buys Q4 2024 → Q1 2025
| GD General Dynamics Corp. | Add +64.0% | 2.35% | +0.96 |
| ADBE Adobe Inc. | New | 0.87% | +0.87 |
| NVDA Nvidia Corp. | Add +1199.4% | 0.74% | +0.67 |
| JNJ Johnson & Johnson | Add +3.8% | 3.51% | +0.56 |
| V Visa Inc. Class A | Add +0.2% | 3.20% | +0.32 |
| TXRH Texas Roadhouse Inc. | Add +34.4% | 1.40% | +0.27 |
| UNH Unitedhealth Group Inc. | Add +5.2% | 3.20% | +0.26 |
| MOH Molina Healthcare Inc. | Add +4.8% | 1.22% | +0.19 |
| KNSL Kinsale Capital Group Inc. | Add +13.1% | 1.03% | +0.16 |
| GPC Genuine Parts Co. | Add +4.7% | 1.98% | +0.12 |
| MA Mastercard Inc. Class A | Add +0.4% | 2.65% | +0.11 |
| CPAY Corpay Inc. | Add +2.5% | 1.60% | +0.08 |
| PEP Pepsico Inc. | Add +5.0% | 2.47% | +0.08 |
| TJX TJX Companies Inc. | Add +1.0% | 4.17% | +0.07 |
| SYK Stryker Corp. | Add +5.9% | 0.67% | +0.06 |
| LLY Eli Lilly & Co. | Add +9.0% | 0.31% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +15.6% | 0.46% | +0.04 |
| XLK SS Technology Select Sector | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | Add +0.4% | 0.22% | +0.03 |
| ABT Abbott Laboratories | Add +1.5% | 0.16% | +0.02 |
| WEC WEC Energy Group Inc. | Add +1.6% | 0.14% | +0.02 |
| GLD SPDR Gold Shares | Add +17.2% | 0.07% | +0.02 |
| SCHR Schwab Intermediate-Term US | Add +3.0% | 0.38% | +0.02 |
| KO The Coca-Cola Co. | Add +0.8% | 0.12% | +0.02 |
| XOM Exxon Mobil Corp. | Add +2.1% | 0.13% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +3.3% | 0.28% | +0.01 |
| MCD McDonald's Corp. | Add +1.1% | 0.16% | +0.01 |
| RMD Resmed Inc. | Add +3.0% | 1.43% | +0.01 |
| DUK Duke Energy Corp. | Add +0.2% | 0.08% | +0.01 |
| PG The Procter & Gamble Co. | Add +0.8% | 0.39% | +0.01 |
| COST Costco Wholesale Corp. | Add +4.8% | 0.10% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Add +15.0% | 0.04% | +0.01 |
| VIGI Vanguard Int Div App Indx FD | Add +1.9% | 0.10% | +0.01 |
| D Dominion Energy Inc. | Add +1.5% | 0.09% | +0.00 |
| SPGI S&P Global Inc. | Add +10.3% | 0.04% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +12.7% | 0.03% | +0.00 |
| CTSH Cognizant Tech Solutions-A | Add +0.7% | 2.33% | +0.00 |
| ITW Illinois Tool Works | Add +4.1% | 0.10% | +0.00 |
| HON Honeywell International Inc. | Add +9.4% | 0.03% | +0.00 |
| BF.B Brown-Forman Corp. Class B | Add +12.7% | 0.03% | +0.00 |
| WMT Walmart Inc. | Add +1.5% | 0.15% | −0.00 |
| PFE Pfizer Inc. | Add +1.7% | 0.08% | −0.00 |
| SCHM Schwab US Mid Cap ETF | Add +1.6% | 0.08% | −0.00 |
| FDX FedEx Corp. | Add +4.3% | 0.04% | −0.00 |
| SCHA Schwab US Small-Cap ETF | Add +3.0% | 0.08% | −0.01 |
| TSLA Tesla Inc. | Add +5.3% | 0.02% | −0.01 |
| FDS Factset Research Systems Inc. | Add +0.3% | 0.75% | −0.04 |
| ACN Accenture PLC Class A | Add +0.1% | 1.27% | −0.16 |
| BKNG Booking Holdings Inc. | Add +2.9% | 4.12% | −0.20 |
| AMZN Amazon.com Inc. | Add +2.6% | 1.86% | −0.23 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 134 | $765.5M | BRK.B, AAPL, JNJ, TJX, GOOGL |
| Q1 2026 | 129 | $744.0M | BRK.B, AAPL, TJX, JNJ, GOOGL |
| Q4 2025 | 124 | $784.5M | BRK.B, GOOGL, AAPL, TJX, BKNG |
| Q3 2025 | 128 | $794.4M | BRK.B, GOOGL, AAPL, TJX, BKNG |
| Q2 2025 | 129 | $748.4M | BRK.B, BKNG, GOOGL, AAPL, TJX |
| Q1 2025 | 129 | $734.7M | BRK.B, AAPL, GOOGL, TJX, BKNG |
| Q4 2024 | 131 | $733.7M | BRK.B, AAPL, GOOGL, BKNG, TJX |
| Q3 2024 | 130 | $736.2M | BRK.B, AAPL, GOOGL, TJX, BKNG |
| Q2 2024 | 131 | $695.9M | BRK.B, AAPL, GOOGL, TJX, MSFT |
| Q1 2024 | 131 | $699.4M | BRK.B, AAPL, GOOGL, TJX, MSFT |