Isthmus Partners, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), Isthmus Partners, LLC reported 217 stock positions worth $822.7 million. Its top holding was Apple (AAPL) at 2.7% of the portfolio, followed by Microsoft (MSFT, 2.3%) and Amcor (AMCR, 2.3%). Compared with Q3 2024, it opened 24 new positions, sold out of 2, added to 74 and reduced 71. The biggest buy was a new position in Apple Hospitality REIT (APLE) and the biggest sale HCA Healthcare (HCA, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- MADISON, WI
- CIK
- 0001639666
- Portfolio Value
- $822.7M (Q4 2024)
- SEC Filing
- 0001104659-25-010479 ↗ filed Feb 7, 2025
Holdings Value
Holdings 217 stocks · $822.7M
| AAPL Apple Inc. | 2.74% | 89,982 | $22.5M | Reduce -0.8% |
| MSFT Microsoft Corp. | 2.29% | 44,779 | $18.9M | Add +5.2% |
| AMCR Amcor PLC | 2.29% | 2,003,404 | $18.9M | Add +38.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 2.16% | 230,821 | $17.7M | Reduce -2.1% |
| PYPL PayPal Holdings Inc. | 2.15% | 207,579 | $17.7M | Reduce -4.4% |
| TT Trane Technologies PLC | 2.05% | 45,637 | $16.9M | Reduce -9.7% |
| ALSN Allison Transmission Holding | 2.01% | 152,892 | $16.5M | Reduce -5.9% |
| ZBRA Zebra Technologies Corp. Class A | 1.90% | 40,389 | $15.6M | Reduce -3.2% |
| AZO AutoZone Inc. | 1.88% | 4,839 | $15.5M | Reduce -1.0% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 1.85% | 14,452 | $15.2M | Reduce -6.8% |
| MCD McDonald's Corp. | 1.85% | 52,480 | $15.2M | Reduce -0.3% |
| IT Gartner Inc. | 1.83% | 31,102 | $15.1M | Reduce -0.4% |
| CHRW C.H. Robinson Worldwide Inc. | 1.80% | 143,140 | $14.8M | Reduce -1.7% |
| COR Cencora Inc. | 1.80% | 65,798 | $14.8M | Reduce -0.6% |
| EBAY eBay Inc. | 1.78% | 236,176 | $14.6M | Reduce -1.4% |
| PNC PNC Financial Services Group | 1.78% | 75,820 | $14.6M | Reduce -2.5% |
| JNJ Johnson & Johnson | 1.75% | 99,775 | $14.4M | Add +2.3% |
| EMR Emerson Electric Co. | 1.70% | 112,720 | $14.0M | Reduce -1.4% |
| DGX Quest Diagnostics Inc. | 1.66% | 90,590 | $13.7M | Reduce -0.4% |
| FITB Fifth Third Bancorp | 1.63% | 316,262 | $13.4M | Reduce -2.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.61% | 226,184 | $13.2M | Reduce -1.1% |
| FLS Flowserve Corp. | 1.60% | 228,377 | $13.1M | Reduce -2.0% |
| ULTA Ulta Beauty Inc. | 1.58% | 29,794 | $13.0M | Reduce -0.6% |
| CBOE Cboe Global Markets Inc. | 1.51% | 63,537 | $12.4M | Reduce -0.3% |
| PSA Public Storage | 1.51% | 41,385 | $12.4M | Reduce -0.0% |
| CL Colgate-Palmolive Co. | 1.49% | 134,757 | $12.3M | Reduce -0.1% |
| ACN Accenture PLC Class A | 1.45% | 33,995 | $12.0M | Reduce -0.7% |
| SYY Sysco Corp. | 1.45% | 156,332 | $12.0M | Add +3.3% |
| ROK Rockwell Automation Inc. | 1.45% | 41,747 | $11.9M | Add +0.1% |
| BAH Booz Allen Hamilton Holdings | 1.44% | 91,777 | $11.8M | Reduce -0.6% |
| LOW Lowe's Cos Inc. | 1.43% | 47,790 | $11.8M | Reduce -0.3% |
| KVUE Kenvue Inc. | 1.43% | 550,612 | $11.8M | Add +0.0% |
| HSY The Hershey Co. | 1.43% | 69,231 | $11.7M | Reduce -0.5% |
| LMT Lockheed Martin Corp. | 1.42% | 23,978 | $11.7M | Add +1.4% |
| ZTS Zoetis Inc. | 1.36% | 68,821 | $11.2M | Add +0.3% |
| UPS United Parcel Service Class B | 1.31% | 85,710 | $10.8M | Reduce -15.3% |
| HCA HCA Healthcare Inc. | 1.31% | 35,851 | $10.8M | Reduce -0.3% |
| CTRA Coterra Energy Inc. | 1.25% | 401,147 | $10.2M | Add +0.6% |
| AMAT Applied Materials Inc. | 1.21% | 61,032 | $9.9M | Add +2.4% |
| DOC Healthpeak Properties Inc. | 1.21% | 489,529 | $9.9M | Reduce -3.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.06% | 227,913 | $8.7M | Reduce -13.0% |
| LKQ LKQ Corp. | 1.04% | 233,909 | $8.6M | Reduce -22.0% |
| PCAR Paccar Inc. | 0.80% | 63,361 | $6.6M | Reduce -0.4% |
| FMC FMC Corp. | 0.74% | 125,419 | $6.1M | Reduce -12.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.68% | 78,537 | $5.6M | Add +0.9% |
| FTDR Frontdoor Inc. | 0.60% | 90,122 | $4.9M | Reduce -0.8% |
| TILE Interface Inc. | 0.56% | 187,743 | $4.6M | Reduce -12.3% |
| MLI Mueller Industries Inc. | 0.54% | 55,545 | $4.4M | Reduce -1.5% |
| PLXS Plexus Corp. | 0.53% | 27,866 | $4.4M | Reduce -4.2% |
| CRK Comstock Resources Inc. | 0.52% | 234,826 | $4.3M | Reduce -0.3% |
| CNM Core & Main Inc. Class A | 0.51% | 82,599 | $4.2M | Add +1.9% |
| HCKT The Hackett Group Inc. | 0.50% | 135,028 | $4.1M | Reduce -0.3% |
| LGND Ligand Pharmaceuticals | 0.50% | 38,095 | $4.1M | Reduce -1.2% |
| CRAI Cra International Inc. | 0.48% | 20,919 | $3.9M | Reduce -0.7% |
| BELFB Bel Fuse Inc. Class B | 0.48% | 47,409 | $3.9M | Reduce -0.5% |
| LMB Limbach Holdings Inc. | 0.46% | 44,558 | $3.8M | Reduce -0.8% |
| RLI Rli Corp. | 0.46% | 23,108 | $3.8M | Add +0.1% |
| TTEK Tetra Tech Inc. | 0.46% | 95,495 | $3.8M | Add +0.0% |
| AMAL Amalgamated Financial Corp. | 0.45% | 109,748 | $3.7M | Reduce -0.6% |
| NVEC Nve Corp. | 0.43% | 43,191 | $3.5M | Add +0.5% |
| BLFS Biolife Solutions Inc. | 0.42% | 131,784 | $3.4M | Reduce -0.2% |
| AEIS Advanced Energy Industries | 0.41% | 29,469 | $3.4M | Add +0.7% |
| KFY Korn Ferry | 0.41% | 49,430 | $3.3M | Reduce -0.4% |
| AMSF Amerisafe Inc. | 0.40% | 63,926 | $3.3M | Add +0.5% |
| EIG Employers Holdings Inc. | 0.40% | 64,134 | $3.3M | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 5,525 | $3.2M | Add +251.0% |
| SRCE 1ST Source Corp. | 0.39% | 54,649 | $3.2M | Add +0.6% |
| IRMD Iradimed Corp. | 0.39% | 57,777 | $3.2M | Reduce -0.1% |
| NGVT Ingevity Corp. | 0.38% | 77,484 | $3.2M | Add +3.5% |
| HAE Haemonetics Corp. | 0.38% | 40,220 | $3.1M | Add +1.1% |
| CCBG Capital City Bank Group Inc. | 0.38% | 85,145 | $3.1M | Reduce -0.2% |
| NSSC Napco Security Technologies | 0.38% | 87,363 | $3.1M | Add +0.8% |
| APLE Apple Hospitality REIT Inc. | 0.37% | 199,904 | $3.1M | New |
| APAM Artisan Partners Asset Ma -A | 0.36% | 69,037 | $3.0M | Reduce -0.1% |
| MDXG Mimedx Group Inc. | 0.36% | 306,807 | $3.0M | Add +0.1% |
| PZZA Papa John's Intl Inc. | 0.36% | 71,411 | $2.9M | Add +99.7% |
| SFM Sprouts Farmers Market Inc. | 0.35% | 22,974 | $2.9M | Reduce -55.4% |
| ALEX Alexander & Baldwin Inc. | 0.35% | 163,648 | $2.9M | Add +0.1% |
| GMS GMS Inc. | 0.35% | 34,194 | $2.9M | Add +36.2% |
| LGTY Logility Supply Chain Soluti | 0.35% | 258,313 | $2.9M | New |
| AVNT Avient Corp. | 0.32% | 65,031 | $2.7M | Add +0.1% |
| DCGO Docgo Inc. | 0.32% | 623,928 | $2.6M | Reduce -2.2% |
| CMCO Columbus McKinnon Corp. | 0.31% | 69,246 | $2.6M | Add +0.6% |
| INTC Intel Corp. | 0.30% | 123,746 | $2.5M | Reduce -38.4% |
| IIIN Insteel Industries Inc. | 0.30% | 91,243 | $2.5M | Add +10.4% |
| GSL Global Ship Lease Inc. Class A | 0.30% | 112,832 | $2.5M | Add +1.3% |
| HY Hyster-Yale Inc. | 0.29% | 47,184 | $2.4M | Add +0.5% |
| INDB Independent Bank Corp. | 0.29% | 37,313 | $2.4M | Add +0.7% |
| SHYF The Shyft Group Inc. | 0.29% | 202,463 | $2.4M | Add +0.9% |
| ASO Academy Sports & Outdoors Inc. | 0.29% | 41,015 | $2.4M | New |
| REYN Reynolds Consumer Products I | 0.29% | 87,307 | $2.4M | Add +0.6% |
| OII Oceaneering Intl Inc. | 0.28% | 88,182 | $2.3M | Reduce -0.1% |
| MCFT Mastercraft Boat Holdings Inc. | 0.28% | 118,886 | $2.3M | Add +0.7% |
| EMBC Embecta Corp. | 0.27% | 109,104 | $2.3M | Reduce -1.6% |
| OEC Orion SA | 0.27% | 140,037 | $2.2M | Add +4.7% |
| VREX Varex Imaging Corp. | 0.27% | 149,874 | $2.2M | Add +0.8% |
| BFLY Butterfly Network Inc. | 0.26% | 689,222 | $2.2M | No change |
| GIC Global Industrial Co. | 0.25% | 82,360 | $2.0M | Reduce -0.8% |
| ACLS Axcelis Technologies Inc. | 0.24% | 28,291 | $2.0M | Add +1.8% |
| UTMD Utah Medical Products Inc. | 0.24% | 31,464 | $1.9M | Reduce -1.9% |
Portfolio Sells Q3 2024 → Q4 2024
| HCA HCA Healthcare Inc. | Reduce -0.3% | 1.31% | −0.43 |
| FMC FMC Corp. | Reduce -12.5% | 0.74% | −0.38 |
| LKQ LKQ Corp. | Reduce -22.0% | 1.04% | −0.38 |
| BAH Booz Allen Hamilton Holdings | Reduce -0.6% | 1.44% | −0.35 |
| UPS United Parcel Service Class B | Reduce -15.3% | 1.31% | −0.32 |
| SFM Sprouts Farmers Market Inc. | Reduce -55.4% | 0.35% | −0.32 |
| AZZ Azz Inc. | Reduce -64.2% | 0.18% | −0.32 |
| TT Trane Technologies PLC | Reduce -9.7% | 2.05% | −0.28 |
| PSA Public Storage | Reduce -0.0% | 1.51% | −0.28 |
| INTC Intel Corp. | Reduce -38.4% | 0.30% | −0.26 |
| SLB SLB Ltd. | Reduce -13.0% | 1.06% | −0.24 |
| CL Colgate-Palmolive Co. | Reduce -0.1% | 1.49% | −0.18 |
| DOC Healthpeak Properties Inc. | Reduce -3.3% | 1.21% | −0.17 |
| HSY The Hershey Co. | Reduce -0.5% | 1.43% | −0.16 |
| ALTM Arcadium Lithium PLC | Sold out | 0.00% | −0.14 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -1.7% | 1.80% | −0.11 |
| LOW Lowe's Cos Inc. | Reduce -0.3% | 1.43% | −0.11 |
| AMN Amn Healthcare Services Inc. | Reduce -13.2% | 0.10% | −0.10 |
| GIC Global Industrial Co. | Reduce -0.8% | 0.25% | −0.09 |
| EBAY eBay Inc. | Reduce -1.4% | 1.78% | −0.07 |
| GWW WW Grainger Inc. | Reduce -6.8% | 1.85% | −0.06 |
| MCD McDonald's Corp. | Reduce -0.3% | 1.85% | −0.05 |
| IT Gartner Inc. | Reduce -0.4% | 1.83% | −0.05 |
| CBOE Cboe Global Markets Inc. | Reduce -0.3% | 1.51% | −0.04 |
| KFY Korn Ferry | Reduce -0.4% | 0.41% | −0.04 |
| MATV Mativ Holdings Inc. | Reduce -0.6% | 0.05% | −0.03 |
| NAPA The Duckhorn Portfolio Inc. | Sold out | 0.00% | −0.02 |
| UTMD Utah Medical Products Inc. | Reduce -1.9% | 0.24% | −0.02 |
| FITB Fifth Third Bancorp | Reduce -2.1% | 1.63% | −0.02 |
| PII Polaris Inc. | Reduce -15.1% | 0.03% | −0.02 |
| DGX Quest Diagnostics Inc. | Reduce -0.4% | 1.66% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -30.4% | 0.03% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -1.1% | 0.06% | −0.01 |
| WCC Wesco International Inc. | Reduce -18.9% | 0.05% | −0.01 |
| PPLT Abrdn Physical Platinum SHRS | Reduce -2.1% | 0.04% | −0.00 |
| FAST Fastenal Co. | Reduce -2.3% | 0.09% | +0.00 |
| COST Costco Wholesale Corp. | Reduce -1.4% | 0.04% | +0.00 |
| APAM Artisan Partners Asset Ma -A | Reduce -0.1% | 0.36% | +0.01 |
| WSM Williams-Sonoma Inc. | Reduce -10.6% | 0.07% | +0.01 |
| LRN Stride Inc. | Reduce -1.1% | 0.07% | +0.01 |
| MLR Miller Industries Inc. | Reduce -0.1% | 0.18% | +0.02 |
| ACN Accenture PLC Class A | Reduce -0.7% | 1.45% | +0.02 |
| OII Oceaneering Intl Inc. | Reduce -0.1% | 0.28% | +0.02 |
| CCBG Capital City Bank Group Inc. | Reduce -0.2% | 0.38% | +0.02 |
| BLFS Biolife Solutions Inc. | Reduce -0.2% | 0.42% | +0.02 |
| COR Cencora Inc. | Reduce -0.6% | 1.80% | +0.03 |
| BELFB Bel Fuse Inc. Class B | Reduce -0.5% | 0.48% | +0.03 |
| EIG Employers Holdings Inc. | Reduce -0.4% | 0.40% | +0.03 |
| AMAL Amalgamated Financial Corp. | Reduce -0.6% | 0.45% | +0.04 |
| CRAI Cra International Inc. | Reduce -0.7% | 0.48% | +0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| APLE Apple Hospitality REIT Inc. | New | 0.37% | +0.37 |
| LGTY Logility Supply Chain Soluti | New | 0.35% | +0.35 |
| AMCR Amcor PLC | Add +38.7% | 2.29% | +0.35 |
| ASO Academy Sports & Outdoors Inc. | New | 0.29% | +0.29 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +251.0% | 0.39% | +0.29 |
| MDXG Mimedx Group Inc. | Add +0.1% | 0.36% | +0.14 |
| PZZA Papa John's Intl Inc. | Add +99.7% | 0.36% | +0.13 |
| ROK Rockwell Automation Inc. | Add +0.1% | 1.45% | +0.12 |
| MSFT Microsoft Corp. | Add +5.2% | 2.29% | +0.12 |
| META Meta Platforms Inc. Class A | Add +360.6% | 0.14% | +0.11 |
| CTRA Coterra Energy Inc. | Add +0.6% | 1.25% | +0.11 |
| CNM Core & Main Inc. Class A | Add +1.9% | 0.51% | +0.08 |
| GMS GMS Inc. | Add +36.2% | 0.35% | +0.08 |
| IA Innovative Solutions & Supp | Add +17.9% | 0.20% | +0.07 |
| ABT Abbott Laboratories | New | 0.07% | +0.07 |
| ETN Eaton Corp. PLC | New | 0.07% | +0.07 |
| AMZN Amazon.com Inc. | New | 0.06% | +0.06 |
| IAU iShares Gold Trust | New | 0.06% | +0.06 |
| VREX Varex Imaging Corp. | Add +0.8% | 0.27% | +0.06 |
| FCN Fti Consulting Inc. | New | 0.05% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +152.3% | 0.09% | +0.05 |
| SYY Sysco Corp. | Add +3.3% | 1.45% | +0.05 |
| AEIS Advanced Energy Industries | Add +0.7% | 0.41% | +0.05 |
| CSX CSX Corp. | New | 0.05% | +0.05 |
| IBM Intl Business Machines Corp. | New | 0.04% | +0.04 |
| HALO Halozyme Therapeutics Inc. | New | 0.04% | +0.04 |
| CARR Carrier Global Corp. | New | 0.04% | +0.04 |
| RLI Rli Corp. | Add +0.1% | 0.46% | +0.04 |
| NGVT Ingevity Corp. | Add +3.5% | 0.38% | +0.04 |
| AMSF Amerisafe Inc. | Add +0.5% | 0.40% | +0.04 |
| SPGI S&P Global Inc. | New | 0.04% | +0.04 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +0.9% | 0.68% | +0.03 |
| HON Honeywell International Inc. | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.03% | +0.03 |
| INDB Independent Bank Corp. | Add +0.7% | 0.29% | +0.03 |
| OVV Ovintiv Inc. | New | 0.03% | +0.03 |
| RTX RTX Corp. | New | 0.03% | +0.03 |
| NOC Northrop Grumman Corp. | New | 0.03% | +0.03 |
| MELI MercadoLibre Inc. | New | 0.03% | +0.03 |
| BMY Bristol-Myers Squibb Co. | New | 0.03% | +0.03 |
| TDG Transdigm Group Inc. | New | 0.03% | +0.03 |
| DFAS Dimensional US Small Cap ETF | New | 0.02% | +0.02 |
| CME Cme Group Inc. | New | 0.02% | +0.02 |
| MCFT Mastercraft Boat Holdings Inc. | Add +0.7% | 0.28% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +29.6% | 0.08% | +0.02 |
| NVEC Nve Corp. | Add +0.5% | 0.43% | +0.02 |
| CMCO Columbus McKinnon Corp. | Add +0.6% | 0.31% | +0.02 |
| CAT Caterpillar Inc. | Add +40.6% | 0.07% | +0.02 |
| NOG Northern Oil and Gas Inc. | Add +0.9% | 0.22% | +0.02 |
| FHN First Horizon Corp. | Add +4.3% | 0.06% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 226 | $1.0B | IEFA, AAPL, GOOGL, AMAT, AVGO |
| Q1 2026 | 217 | $953.4M | IEFA, AAPL, GOOGL, JNJ, V |
| Q4 2025 | 214 | $900.5M | AAPL, GOOGL, MSFT, CHRW, JNJ |
| Q3 2025 | 176 | $849.2M | AAPL, MSFT, GOOGL, AVGO, COR |
| Q2 2025 | 217 | $856.1M | MSFT, TT, COR, AAPL, AMCR |
| Q1 2025 | 211 | $798.8M | AAPL, AMCR, COR, AZO, MSFT |
| Q4 2024 | 217 | $822.7M | AAPL, MSFT, AMCR, BNY, PYPL |
| Q3 2024 | 195 | $841.7M | AAPL, TT, MSFT, PYPL, BNY |
| Q2 2024Amended | 196 | $849.2M | IEFA, AAPL, MSFT, TT, AMAT |
| Q1 2024 | 197 | $881.0M | IEFA, ALSN, MSFT, TT, COR |