Hendley & Co. Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Hendley & Co. Inc. reported 45 stock positions worth $279.8 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.3% of the portfolio, followed by Visa Class A (V, 8.6%) and Microsoft (MSFT, 7.7%). Compared with Q3 2025, it opened 4 new positions, sold out of 6, added to 4 and reduced 35. The biggest buy was a new position in Astrazeneca (AZN) and the biggest sale an exit from Astrazeneca PLC-Spons ADR (AZN).
- Most Recent 13F
- Q2 2026
- Location
- ZANESVILLE, OH
- CIK
- 0001084207
- Portfolio Value
- $279.8M (Q4 2025)
- SEC Filing
- 0001084207-26-000001 ↗ filed Feb 5, 2026
Holdings Value
Holdings 45 stocks · $279.8M
| BRK.B Berkshire Hathaway Inc. Class B | 9.26% | 51,531 | $25.9M | Reduce -3.6% |
| V Visa Inc. Class A | 8.60% | 68,604 | $24.1M | Reduce -6.5% |
| MSFT Microsoft Corp. | 7.71% | 44,593 | $21.6M | Reduce -6.9% |
| APH Amphenol Corp. Class A | 6.27% | 129,715 | $17.5M | Reduce -18.8% |
| PH Parker Hannifin Corp. | 5.96% | 18,977 | $16.7M | Reduce -7.1% |
| AAPL Apple Inc. | 5.64% | 58,059 | $15.8M | Reduce -6.8% |
| WPM Wheaton Precious Metals Corp. | 4.47% | 106,351 | $12.5M | Reduce -9.6% |
| ABT Abbott Laboratories | 4.45% | 99,374 | $12.5M | Reduce -6.3% |
| AMZN Amazon.com Inc. | 3.48% | 42,173 | $9.7M | Reduce -9.2% |
| UNP Union Pacific Corp. | 2.84% | 34,365 | $7.9M | Reduce -8.2% |
| CVX Chevron Corp. | 2.69% | 49,469 | $7.5M | Reduce -6.9% |
| ETN Eaton Corp. PLC | 2.63% | 23,110 | $7.4M | Reduce -8.9% |
| PEP Pepsico Inc. | 2.48% | 48,254 | $6.9M | Reduce -8.4% |
| AMAT Applied Materials Inc. | 2.47% | 26,847 | $6.9M | Reduce -13.7% |
| PG The Procter & Gamble Co. | 2.26% | 44,179 | $6.3M | Reduce -11.0% |
| COST Costco Wholesale Corp. | 2.20% | 7,128 | $6.1M | Add +119.9% |
| AZN Astrazeneca PLC | 2.13% | 64,805 | $6.0M | New |
| COP Conocophillips | 2.12% | 63,226 | $5.9M | Reduce -16.1% |
| JNJ Johnson & Johnson | 2.02% | 27,356 | $5.7M | Reduce -5.7% |
| EOG EOG Resources Inc. | 1.90% | 50,691 | $5.3M | Reduce -7.8% |
| SYK Stryker Corp. | 1.79% | 14,288 | $5.0M | Reduce -12.5% |
| HON Honeywell International Inc. | 1.73% | 24,747 | $4.8M | Add +23.0% |
| LIN Linde PLC | 1.57% | 10,271 | $4.4M | Reduce -8.5% |
| AEP American Electric Power | 1.56% | 37,858 | $4.4M | Reduce -9.3% |
| HSY The Hershey Co. | 1.50% | 23,138 | $4.2M | Reduce -8.7% |
| PM Philip Morris International | 1.33% | 23,116 | $3.7M | Reduce -7.5% |
| EXPD Expeditors Intl Wash Inc. | 1.21% | 22,730 | $3.4M | Reduce -36.9% |
| AZO AutoZone Inc. | 1.20% | 993 | $3.4M | Reduce -13.7% |
| ACGL Arch Capital Group Ltd. | 1.08% | 31,457 | $3.0M | Reduce -22.8% |
| GOOGL Alphabet Inc. Class A | 1.06% | 9,498 | $3.0M | Add +209.4% |
| FDS Factset Research Systems Inc. | 0.77% | 7,450 | $2.2M | New |
| XOM Exxon Mobil Corp. | 0.61% | 14,067 | $1.7M | Reduce -30.7% |
| AMD Advanced Micro Devices | 0.60% | 7,790 | $1.7M | New |
| NVDA Nvidia Corp. | 0.49% | 7,410 | $1.4M | Reduce -73.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.32% | 8,770 | $898K | Reduce -27.8% |
| BF.B Brown-Forman Corp. Class B | 0.30% | 32,560 | $849K | Reduce -51.0% |
| KO The Coca-Cola Co. | 0.25% | 9,926 | $694K | Reduce -3.9% |
| LHX L3HARRIS Technologies Inc. | 0.21% | 1,965 | $577K | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.17% | 3,005 | $462K | Reduce -62.0% |
| AXP American Express Co. | 0.14% | 1,090 | $403K | Reduce -67.8% |
| AVGO Broadcom Inc. | 0.13% | 1,070 | $370K | No change |
| GOOG Alphabet Inc. Class C | 0.13% | 1,125 | $353K | Add +4.2% |
| GLW Corning Inc. | 0.12% | 3,675 | $322K | Reduce -60.6% |
| ADBE Adobe Inc. | 0.10% | 809 | $283K | Reduce -31.8% |
| HD Home Depot Inc. | 0.07% | 590 | $203K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −1.86 |
| NVDA Nvidia Corp. | Reduce -73.4% | 0.49% | −1.23 |
| ETN Eaton Corp. PLC | Reduce -8.9% | 2.63% | −0.52 |
| MSFT Microsoft Corp. | Reduce -6.9% | 7.71% | −0.51 |
| AZO AutoZone Inc. | Reduce -13.7% | 1.20% | −0.43 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.33 |
| BF.B Brown-Forman Corp. Class B | Reduce -51.0% | 0.30% | −0.29 |
| APH Amphenol Corp. Class A | Reduce -18.8% | 6.27% | −0.28 |
| PG The Procter & Gamble Co. | Reduce -11.0% | 2.26% | −0.27 |
| ABT Abbott Laboratories | Reduce -6.3% | 4.45% | −0.26 |
| EXPD Expeditors Intl Wash Inc. | Reduce -36.9% | 1.21% | −0.25 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.25 |
| COP Conocophillips | Reduce -16.1% | 2.12% | −0.24 |
| AXP American Express Co. | Reduce -67.8% | 0.14% | −0.23 |
| TJX TJX Companies Inc. | Reduce -62.0% | 0.17% | −0.21 |
| SYK Stryker Corp. | Reduce -12.5% | 1.79% | −0.21 |
| LIN Linde PLC | Reduce -8.5% | 1.57% | −0.20 |
| XOM Exxon Mobil Corp. | Reduce -30.7% | 0.61% | −0.15 |
| ACGL Arch Capital Group Ltd. | Reduce -22.8% | 1.08% | −0.15 |
| EOG EOG Resources Inc. | Reduce -7.8% | 1.90% | −0.14 |
| GLW Corning Inc. | Reduce -60.6% | 0.12% | −0.14 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.13 |
| IDA Idacorp Inc. | Sold out | 0.00% | −0.11 |
| TROW T Rowe Price Group Inc. | Reduce -27.8% | 0.32% | −0.09 |
| UNP Union Pacific Corp. | Reduce -8.2% | 2.84% | −0.09 |
| PSX Phillips 66 | Sold out | 0.00% | −0.07 |
| HSY The Hershey Co. | Reduce -8.7% | 1.50% | −0.07 |
| CVX Chevron Corp. | Reduce -6.9% | 2.69% | −0.04 |
| ADBE Adobe Inc. | Reduce -31.8% | 0.10% | −0.04 |
| PM Philip Morris International | Reduce -7.5% | 1.33% | −0.02 |
| AEP American Electric Power | Reduce -9.3% | 1.56% | +0.01 |
| KO The Coca-Cola Co. | Reduce -3.9% | 0.25% | +0.02 |
| PEP Pepsico Inc. | Reduce -8.4% | 2.48% | +0.02 |
| AMZN Amazon.com Inc. | Reduce -9.2% | 3.48% | +0.10 |
| WPM Wheaton Precious Metals Corp. | Reduce -9.6% | 4.47% | +0.11 |
| JNJ Johnson & Johnson | Reduce -5.7% | 2.02% | +0.24 |
| V Visa Inc. Class A | Reduce -6.5% | 8.60% | +0.30 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.6% | 9.26% | +0.36 |
| AMAT Applied Materials Inc. | Reduce -13.7% | 2.47% | +0.36 |
| AAPL Apple Inc. | Reduce -6.8% | 5.64% | +0.38 |
| PH Parker Hannifin Corp. | Reduce -7.1% | 5.96% | +0.83 |
Portfolio Buys Q3 2025 → Q4 2025
| AZN Astrazeneca PLC | New | 2.13% | +2.13 |
| COST Costco Wholesale Corp. | Add +119.9% | 2.20% | +1.20 |
| GOOGL Alphabet Inc. Class A | Add +209.4% | 1.06% | +0.82 |
| FDS Factset Research Systems Inc. | New | 0.77% | +0.77 |
| AMD Advanced Micro Devices | New | 0.60% | +0.60 |
| HON Honeywell International Inc. | Add +23.0% | 1.73% | +0.32 |
| LHX L3HARRIS Technologies Inc. | New | 0.21% | +0.21 |
| GOOG Alphabet Inc. Class C | Add +4.2% | 0.13% | +0.04 |
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 |