Hendley & Co. Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Hendley & Co. Inc. reported 47 stock positions worth $301.8 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 8.9% of the portfolio, followed by Visa Class A (V, 8.3%) and Microsoft (MSFT, 8.2%). Compared with Q2 2025, it opened 1 new position, added to 13 and reduced 27. The biggest buy was Wheaton Precious Metals (WPM, shares +30%) and the biggest sale Adobe (ADBE, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- ZANESVILLE, OH
- CIK
- 0001084207
- Portfolio Value
- $301.8M (Q3 2025)
- SEC Filing
- 0001084207-25-000006 ↗ filed Nov 13, 2025
Holdings Value
Holdings 47 stocks · $301.8M
| BRK.B Berkshire Hathaway Inc. Class B | 8.90% | 53,437 | $26.9M | Reduce -1.3% |
| V Visa Inc. Class A | 8.30% | 73,413 | $25.1M | Reduce -1.4% |
| MSFT Microsoft Corp. | 8.22% | 47,894 | $24.8M | Reduce -1.4% |
| APH Amphenol Corp. Class A | 6.55% | 159,750 | $19.8M | Add +2.2% |
| AAPL Apple Inc. | 5.26% | 62,330 | $15.9M | Reduce -1.3% |
| PH Parker Hannifin Corp. | 5.13% | 20,433 | $15.5M | Reduce -1.3% |
| ABT Abbott Laboratories | 4.71% | 106,058 | $14.2M | Reduce -1.0% |
| WPM Wheaton Precious Metals Corp. | 4.36% | 117,667 | $13.2M | Add +29.6% |
| AMZN Amazon.com Inc. | 3.38% | 46,455 | $10.2M | Reduce -0.9% |
| ETN Eaton Corp. PLC | 3.15% | 25,382 | $9.5M | Add +2.3% |
| UNP Union Pacific Corp. | 2.93% | 37,452 | $8.9M | Reduce -0.6% |
| CVX Chevron Corp. | 2.74% | 53,157 | $8.3M | Reduce -1.3% |
| PG The Procter & Gamble Co. | 2.53% | 49,650 | $7.6M | Reduce -0.1% |
| PEP Pepsico Inc. | 2.45% | 52,680 | $7.4M | Reduce -1.5% |
| COP Conocophillips | 2.36% | 75,318 | $7.1M | Reduce -1.8% |
| AMAT Applied Materials Inc. | 2.11% | 31,091 | $6.4M | Reduce -2.1% |
| EOG EOG Resources Inc. | 2.04% | 55,012 | $6.2M | Add +0.6% |
| SYK Stryker Corp. | 2.00% | 16,334 | $6.0M | Add +16.5% |
| AZN Astrazeneca PLC-Spons ADR | 1.86% | 73,220 | $5.6M | Reduce -0.6% |
| JNJ Johnson & Johnson | 1.78% | 29,016 | $5.4M | Reduce -2.4% |
| LIN Linde PLC | 1.77% | 11,226 | $5.3M | Add +16.4% |
| NVDA Nvidia Corp. | 1.72% | 27,812 | $5.2M | Add +2.1% |
| AZO AutoZone Inc. | 1.64% | 1,151 | $4.9M | Reduce -1.9% |
| HSY The Hershey Co. | 1.57% | 25,338 | $4.7M | Reduce -3.6% |
| AEP American Electric Power | 1.55% | 41,718 | $4.7M | Add +2.8% |
| EXPD Expeditors Intl Wash Inc. | 1.46% | 36,015 | $4.4M | Reduce -0.8% |
| HON Honeywell International Inc. | 1.40% | 20,115 | $4.2M | Add +2.8% |
| PM Philip Morris International | 1.34% | 24,997 | $4.1M | Add +168.5% |
| ACGL Arch Capital Group Ltd. | 1.22% | 40,745 | $3.7M | Reduce -4.3% |
| COST Costco Wholesale Corp. | 0.99% | 3,242 | $3.0M | No change |
| XOM Exxon Mobil Corp. | 0.76% | 20,302 | $2.3M | Add +5.7% |
| BF.B Brown-Forman Corp. Class B | 0.60% | 66,437 | $1.8M | Reduce -11.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.41% | 12,145 | $1.2M | Reduce -59.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.38% | 7,905 | $1.1M | Reduce -4.8% |
| AXP American Express Co. | 0.37% | 3,390 | $1.1M | No change |
| ORCL Oracle Corp. | 0.33% | 3,547 | $998K | Reduce -64.0% |
| GLW Corning Inc. | 0.25% | 9,325 | $765K | Add +13.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.25% | 1 | $754K | No change |
| GOOGL Alphabet Inc. Class A | 0.25% | 3,070 | $746K | No change |
| KO The Coca-Cola Co. | 0.23% | 10,326 | $685K | Reduce -4.2% |
| ADBE Adobe Inc. | 0.14% | 1,187 | $419K | Reduce -90.2% |
| AMGN Amgen Inc. | 0.13% | 1,404 | $396K | Reduce -5.1% |
| AVGO Broadcom Inc. | 0.12% | 1,070 | $353K | No change |
| IDA Idacorp Inc. | 0.11% | 2,590 | $342K | Add +23.9% |
| GOOG Alphabet Inc. Class C | 0.09% | 1,080 | $263K | New |
| HD Home Depot Inc. | 0.08% | 590 | $239K | No change |
| PSX Phillips 66 | 0.07% | 1,480 | $201K | Reduce -18.0% |
Portfolio Sells Q2 2025 → Q3 2025
| ADBE Adobe Inc. | Reduce -90.2% | 0.14% | −1.49 |
| V Visa Inc. Class A | Reduce -1.4% | 8.30% | −0.93 |
| TROW T Rowe Price Group Inc. | Reduce -59.2% | 0.41% | −0.59 |
| ORCL Oracle Corp. | Reduce -64.0% | 0.33% | −0.42 |
| ABT Abbott Laboratories | Reduce -1.0% | 4.71% | −0.38 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 8.90% | −0.28 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 2.53% | −0.24 |
| MSFT Microsoft Corp. | Reduce -1.4% | 8.22% | −0.21 |
| AMZN Amazon.com Inc. | Reduce -0.9% | 3.38% | −0.21 |
| ACGL Arch Capital Group Ltd. | Reduce -4.3% | 1.22% | −0.13 |
| BF.B Brown-Forman Corp. Class B | Reduce -11.6% | 0.60% | −0.11 |
| UNP Union Pacific Corp. | Reduce -0.6% | 2.93% | −0.09 |
| COP Conocophillips | Reduce -1.8% | 2.36% | −0.04 |
| KO The Coca-Cola Co. | Reduce -4.2% | 0.23% | −0.04 |
| PEP Pepsico Inc. | Reduce -1.5% | 2.45% | −0.02 |
| AMGN Amgen Inc. | Reduce -5.1% | 0.13% | −0.01 |
| PSX Phillips 66 | Reduce -18.0% | 0.07% | −0.01 |
| EXPD Expeditors Intl Wash Inc. | Reduce -0.8% | 1.46% | +0.01 |
| TJX TJX Companies Inc. | Reduce -4.8% | 0.38% | +0.02 |
| CVX Chevron Corp. | Reduce -1.3% | 2.74% | +0.04 |
| HSY The Hershey Co. | Reduce -3.6% | 1.57% | +0.05 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -0.6% | 1.86% | +0.06 |
| AMAT Applied Materials Inc. | Reduce -2.1% | 2.11% | +0.08 |
| PH Parker Hannifin Corp. | Reduce -1.3% | 5.13% | +0.09 |
| AZO AutoZone Inc. | Reduce -1.9% | 1.64% | +0.12 |
| JNJ Johnson & Johnson | Reduce -2.4% | 1.78% | +0.20 |
| AAPL Apple Inc. | Reduce -1.3% | 5.26% | +0.74 |
Portfolio Buys Q2 2025 → Q3 2025
| WPM Wheaton Precious Metals Corp. | Add +29.6% | 4.36% | +1.51 |
| APH Amphenol Corp. Class A | Add +2.2% | 6.55% | +1.16 |
| PM Philip Morris International | Add +168.5% | 1.34% | +0.75 |
| NVDA Nvidia Corp. | Add +2.1% | 1.72% | +0.22 |
| LIN Linde PLC | Add +16.4% | 1.77% | +0.19 |
| GLW Corning Inc. | Add +13.7% | 0.25% | +0.10 |
| GOOG Alphabet Inc. Class C | New | 0.09% | +0.09 |
| AEP American Electric Power | Add +2.8% | 1.55% | +0.08 |
| SYK Stryker Corp. | Add +16.5% | 2.00% | +0.06 |
| ETN Eaton Corp. PLC | Add +2.3% | 3.15% | +0.06 |
| XOM Exxon Mobil Corp. | Add +5.7% | 0.76% | +0.04 |
| IDA Idacorp Inc. | Add +23.9% | 0.11% | +0.03 |
| HON Honeywell International Inc. | Add +2.8% | 1.40% | −0.19 |
| EOG EOG Resources Inc. | Add +0.6% | 2.04% | −0.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $282.6M | BRK.B, V, APH, AAPL, MSFT |
| Q1 2026 | 45 | $270.3M | BRK.B, V, APH, MSFT, AAPL |
| Q4 2025 | 45 | $279.8M | BRK.B, V, MSFT, APH, PH |
| Q3 2025 | 47 | $301.8M | BRK.B, V, MSFT, APH, AAPL |
| Q2 2025 | 46 | $286.4M | V, BRK.B, MSFT, APH, ABT |
| Q1 2025 | 51 | $286.0M | BRK.B, V, MSFT, AAPL, ABT |
| Q4 2024 | 57 | $285.1M | BRK.B, V, MSFT, AAPL, ABT |
| Q3 2024 | 54 | $286.8M | BRK.B, MSFT, V, AAPL, ABT |
| Q2 2024 | 53 | $278.6M | BRK.B, MSFT, V, AAPL, ABT |
| Q1 2024 | 55 | $279.6M | BRK.B, MSFT, V, AAPL, ABT |