Parthenon LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), Parthenon LLC reported 121 stock positions worth $788.8 million. Its top holding was Microsoft (MSFT) at 13.8% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 8.2%) and Meta Platforms Class A (META, 4.8%). Compared with Q4 2023, it opened 9 new positions, sold out of 5, added to 36 and reduced 43. The biggest buy was Walt Disney (DIS, shares +2%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- LOUISVILLE, KY
- CIK
- 0001088859
- Portfolio Value
- $788.8M (Q1 2024)
- SEC Filing
- 0001085146-24-002147 ↗ filed Apr 30, 2024
Holdings Value
Holdings 121 stocks · $788.8M
| MSFT Microsoft Corp. | 13.81% | 258,828 | $108.9M | Reduce -1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 8.18% | 153,420 | $64.5M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 4.84% | 78,635 | $38.2M | Reduce -0.6% |
| PAYX Paychex Inc. | 4.09% | 262,522 | $32.2M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 3.26% | 170,260 | $25.7M | Add +0.1% |
| PG The Procter & Gamble Co. | 3.08% | 149,723 | $24.3M | Add +0.4% |
| XOM Exxon Mobil Corp. | 2.77% | 187,913 | $21.8M | Add +0.4% |
| AAPL Apple Inc. | 2.76% | 126,797 | $21.7M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 2.75% | 142,265 | $21.7M | Reduce -0.2% |
| FAST Fastenal Co. | 2.71% | 277,102 | $21.4M | Add +0.4% |
| MRK Merck & Co. Inc. | 2.66% | 158,845 | $21.0M | Reduce -0.0% |
| JNJ Johnson & Johnson | 2.55% | 127,154 | $20.1M | Add +1.3% |
| DOV Dover Corp. | 2.48% | 110,192 | $19.5M | Add +0.1% |
| PEP Pepsico Inc. | 2.25% | 101,407 | $17.7M | Add +0.6% |
| AXP American Express Co. | 2.01% | 69,554 | $15.8M | Reduce -0.2% |
| WMT Walmart Inc. | 1.84% | 240,930 | $14.5M | Add +0.4% |
| SYK Stryker Corp. | 1.80% | 39,673 | $14.2M | Add +0.0% |
| LSTR Landstar System Inc. | 1.66% | 68,049 | $13.1M | Add +0.2% |
| BKNG Booking Holdings Inc. | 1.65% | 3,589 | $13.0M | Add +0.3% |
| CVS CVS Health Corp. | 1.56% | 154,233 | $12.3M | Reduce -4.0% |
| MDLZ Mondelez International Inc. Class A | 1.56% | 175,328 | $12.3M | Reduce -0.1% |
| WAT Waters Corp. | 1.43% | 32,846 | $11.3M | Reduce -1.5% |
| CSCO Cisco Systems Inc. | 1.37% | 216,174 | $10.8M | Add +0.4% |
| SCHW Schwab (charles) Corp. | 1.30% | 141,560 | $10.2M | Add +1.2% |
| HD Home Depot Inc. | 1.19% | 24,436 | $9.4M | Add +3.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.16% | 74,797 | $9.2M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 1.15% | 45,199 | $9.1M | Add +1.0% |
| CHDN Churchill Downs Inc. | 1.13% | 72,062 | $8.9M | No change |
| GLW Corning Inc. | 1.11% | 265,407 | $8.7M | Reduce -3.4% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 1.09% | 223,485 | $8.6M | Add +1.8% |
| MDT Medtronic PLC | 1.03% | 93,248 | $8.1M | Add +0.4% |
| VOO Vanguard S&P 500 ETF | 0.78% | 12,718 | $6.1M | Add +0.5% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.73% | 45,577 | $5.7M | Reduce -1.0% |
| IJR iShares Core S&P Small-Cap E | 0.70% | 49,993 | $5.5M | Add +13.9% |
| BF.B Brown-Forman Corp. Class B | 0.68% | 104,452 | $5.4M | Reduce -0.1% |
| PNC PNC Financial Services Group | 0.68% | 33,075 | $5.3M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.61% | 114,844 | $4.8M | Add +4.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.56% | 7 | $4.4M | No change |
| LLY Eli Lilly & Co. | 0.56% | 5,667 | $4.4M | Reduce -1.7% |
| ABBV Abbvie Inc. | 0.55% | 23,688 | $4.3M | Add +1.1% |
| KO The Coca-Cola Co. | 0.54% | 69,139 | $4.2M | Reduce -3.5% |
| GE General Electric | 0.53% | 23,638 | $4.1M | Reduce -1.0% |
| VEA Vanguard Ftse Developed ETF | 0.51% | 80,456 | $4.0M | Add +15.5% |
| MCD McDonald's Corp. | 0.51% | 14,313 | $4.0M | Add +0.7% |
| ABT Abbott Laboratories | 0.46% | 31,651 | $3.6M | Add +0.8% |
| SMG Scotts Miracle-Gro Co. | 0.43% | 45,032 | $3.4M | Reduce -6.3% |
| BATRK Atlanta Braves Holdings in-C | 0.39% | 79,754 | $3.1M | No change |
| KVUE Kenvue Inc. | 0.39% | 141,556 | $3.0M | Reduce -5.2% |
| PFE Pfizer Inc. | 0.37% | 105,365 | $2.9M | Add +0.8% |
| PM Philip Morris International | 0.36% | 31,121 | $2.9M | Reduce -5.8% |
| TFX Teleflex Inc. | 0.34% | 11,983 | $2.7M | No change |
| NVDA Nvidia Corp. | 0.33% | 2,845 | $2.6M | Reduce -14.9% |
| VPL Vanguard Ftse Pacific ETF | 0.32% | 33,554 | $2.6M | No change |
| CL Colgate-Palmolive Co. | 0.31% | 27,486 | $2.5M | No change |
| MO Altria Group Inc. | 0.27% | 49,295 | $2.2M | Reduce -7.5% |
| CVX Chevron Corp. | 0.25% | 12,405 | $2.0M | Reduce -3.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.24% | 9,842 | $1.9M | Reduce -28.9% |
| ZTS Zoetis Inc. | 0.21% | 9,800 | $1.7M | Reduce -3.0% |
| VGK Vanguard Ftse Europe ETF | 0.20% | 23,400 | $1.6M | No change |
| IVV iShares Core S&P 500 ETF | 0.20% | 2,974 | $1.6M | Reduce -4.0% |
| USB US Bancorp | 0.20% | 34,708 | $1.6M | Reduce -0.4% |
| AGX Argan Inc. | 0.20% | 30,657 | $1.5M | No change |
| TPB Turning Point Brands Inc. | 0.19% | 51,770 | $1.5M | No change |
| CLAR Clarus Corp. | 0.17% | 200,164 | $1.4M | Add +8.1% |
| WBA Walgreens Boots Alliance Inc. | 0.16% | 57,785 | $1.3M | Reduce -1.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 4,814 | $1.3M | Add +1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 2,266 | $1.2M | Reduce -4.5% |
| ADP Automatic Data Processing | 0.15% | 4,700 | $1.2M | No change |
| RELL Richardson Elec Ltd. | 0.15% | 126,069 | $1.2M | Add +56.6% |
| RSSS Research Solutions Inc. | 0.15% | 366,284 | $1.2M | No change |
| JCTC Jewett-Cameron Trading Ltd. | 0.15% | 217,053 | $1.2M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.14% | 19,415 | $1.1M | Reduce -5.4% |
| INTU Intuit Inc. | 0.14% | 1,675 | $1.1M | No change |
| IWM iShares Russell 2000 ETF | 0.13% | 4,972 | $1.0M | Add +2.5% |
| IWR iShares Russell Mid-Cap ETF | 0.12% | 11,323 | $952K | Add +39.8% |
| BF.A Brown-Forman Corp. Class A | 0.12% | 17,200 | $911K | No change |
| COST Costco Wholesale Corp. | 0.11% | 1,228 | $900K | Reduce -4.7% |
| BSX Boston Scientific Corp. | 0.11% | 13,133 | $899K | No change |
| ORCL Oracle Corp. | 0.11% | 7,018 | $882K | Add +43.1% |
| MMM 3M Co. | 0.11% | 8,188 | $869K | Reduce -1.8% |
| LOW Lowe's Cos Inc. | 0.11% | 3,321 | $846K | Add +5.6% |
| YUM Yum! Brands Inc. | 0.10% | 5,604 | $777K | No change |
| MSI Motorola Solutions Inc. | 0.10% | 2,143 | $761K | Reduce -3.2% |
| IWB iShares Russell 1000 ETF | 0.08% | 2,065 | $595K | Add +0.2% |
| IVW iShares S&P 500 Growth ETF | 0.07% | 6,516 | $550K | Add +18.9% |
| WM Waste Management Inc. | 0.07% | 2,500 | $533K | Reduce -3.7% |
| DD Dupont DE Nemours Inc. | 0.07% | 6,809 | $522K | Reduce -4.8% |
| HSY The Hershey Co. | 0.06% | 2,600 | $506K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.06% | 5,874 | $491K | Reduce -1.5% |
| MA Mastercard Inc. Class A | 0.06% | 918 | $442K | Reduce -3.1% |
| XLK SS Technology Select Sector | 0.05% | 2,000 | $417K | No change |
| UG United Guardian Inc. | 0.05% | 53,009 | $406K | No change |
| DOW Dow Inc. | 0.05% | 6,506 | $377K | Reduce -0.5% |
| ETN Eaton Corp. PLC | 0.05% | 1,200 | $375K | No change |
| CINF Cincinnati Financial Corp. | 0.05% | 3,000 | $373K | No change |
| GEHC GE Healthcare Technology | 0.05% | 3,980 | $362K | Reduce -0.7% |
| TFC Truist Financial Corp. | 0.04% | 9,112 | $355K | Reduce -0.8% |
| TSCO Tractor Supply Company | 0.04% | 1,325 | $347K | No change |
| COHR Coherent Corp. | 0.04% | 5,550 | $336K | No change |
| AMGN Amgen Inc. | 0.04% | 1,177 | $335K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -0.8% | 2.76% | −0.65 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.1% | 1.56% | −0.20 |
| CVS CVS Health Corp. | Reduce -4.0% | 1.56% | −0.19 |
| BF.B Brown-Forman Corp. Class B | Reduce -0.1% | 0.68% | −0.14 |
| SGC Superior Group of Cos Inc. | Sold out | 0.00% | −0.10 |
| AOUT American Outdoor Brands Inc. | Sold out | 0.00% | −0.09 |
| WAT Waters Corp. | Reduce -1.5% | 1.43% | −0.08 |
| FREE Whole Earth Brands Inc. | Sold out | 0.00% | −0.08 |
| SJM The JM Smucker Co. | Reduce -1.0% | 0.73% | −0.08 |
| IBM Intl Business Machines Corp. | Reduce -28.9% | 0.24% | −0.07 |
| PM Philip Morris International | Reduce -5.8% | 0.36% | −0.07 |
| ZTS Zoetis Inc. | Reduce -3.0% | 0.21% | −0.07 |
| KVUE Kenvue Inc. | Reduce -5.2% | 0.39% | −0.06 |
| WBA Walgreens Boots Alliance Inc. | Reduce -1.7% | 0.16% | −0.05 |
| KO The Coca-Cola Co. | Reduce -3.5% | 0.54% | −0.05 |
| GLW Corning Inc. | Reduce -3.4% | 1.11% | −0.05 |
| IWV iShares Russell 3000 ETF | Sold out | 0.00% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 2.75% | −0.03 |
| T AT&T Inc. | Reduce -41.1% | 0.04% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.03 |
| MO Altria Group Inc. | Reduce -7.5% | 0.27% | −0.02 |
| CVX Chevron Corp. | Reduce -3.6% | 0.25% | −0.02 |
| MMM 3M Co. | Reduce -1.8% | 0.11% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -5.4% | 0.14% | −0.01 |
| USB US Bancorp | Reduce -0.4% | 0.20% | −0.01 |
| DD Dupont DE Nemours Inc. | Reduce -4.8% | 0.07% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -4.4% | 0.04% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -4.0% | 0.20% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.5% | 0.15% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -4.7% | 0.11% | −0.00 |
| AMZN Amazon.com Inc. | Reduce -15.9% | 0.03% | −0.00 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.5% | 0.06% | −0.00 |
| TFC Truist Financial Corp. | Reduce -0.8% | 0.04% | −0.00 |
| V Visa Inc. Class A | Reduce -4.6% | 0.03% | −0.00 |
| DOW Dow Inc. | Reduce -0.5% | 0.05% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -3.1% | 0.06% | +0.00 |
| MSI Motorola Solutions Inc. | Reduce -3.2% | 0.10% | +0.00 |
| SMG Scotts Miracle-Gro Co. | Reduce -6.3% | 0.43% | +0.00 |
| GEHC GE Healthcare Technology | Reduce -0.7% | 0.05% | +0.00 |
| WM Waste Management Inc. | Reduce -3.7% | 0.07% | +0.00 |
| LLY Eli Lilly & Co. | Reduce -1.7% | 0.56% | +0.09 |
| NVDA Nvidia Corp. | Reduce -14.9% | 0.33% | +0.10 |
| GE General Electric | Reduce -1.0% | 0.53% | +0.10 |
| MSFT Microsoft Corp. | Reduce -1.5% | 13.81% | +0.15 |
| AXP American Express Co. | Reduce -0.2% | 2.01% | +0.20 |
| MRK Merck & Co. Inc. | Reduce -0.0% | 2.66% | +0.26 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 8.18% | +0.60 |
| META Meta Platforms Inc. Class A | Reduce -0.6% | 4.84% | +0.97 |
Portfolio Buys Q4 2023 → Q1 2024
| DIS The Walt Disney Co. | Add +1.5% | 1.16% | +0.24 |
| FAST Fastenal Co. | Add +0.4% | 2.71% | +0.24 |
| XOM Exxon Mobil Corp. | Add +0.4% | 2.77% | +0.18 |
| SYK Stryker Corp. | Add +0.0% | 1.80% | +0.16 |
| DOV Dover Corp. | Add +0.1% | 2.48% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +1.0% | 1.15% | +0.10 |
| WMT Walmart Inc. | Add +0.4% | 1.84% | +0.09 |
| PG The Procter & Gamble Co. | Add +0.4% | 3.08% | +0.06 |
| HD Home Depot Inc. | Add +3.4% | 1.19% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +15.5% | 0.51% | +0.05 |
| ABBV Abbvie Inc. | Add +1.1% | 0.55% | +0.04 |
| IJR iShares Core S&P Small-Cap E | Add +13.9% | 0.70% | +0.04 |
| ORCL Oracle Corp. | Add +43.1% | 0.11% | +0.04 |
| IWR iShares Russell Mid-Cap ETF | Add +39.8% | 0.12% | +0.03 |
| MRSH Marsh & McLennan Cos | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | New | 0.03% | +0.03 |
| EW Edwards Lifesciences Corp. | New | 0.03% | +0.03 |
| EEM iShares MSCI Emerging Market | New | 0.03% | +0.03 |
| KMB Kimberly-Clark Corp. | New | 0.03% | +0.03 |
| MCK McKesson Corp. | New | 0.03% | +0.03 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| TGT Target Corp. | New | 0.03% | +0.03 |
| EFA iShares MSCI Eafe ETF | New | 0.03% | +0.03 |
| IVW iShares S&P 500 Growth ETF | Add +18.9% | 0.07% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.5% | 0.78% | +0.01 |
| LOW Lowe's Cos Inc. | Add +5.6% | 0.11% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.5% | 0.16% | +0.00 |
| IWB iShares Russell 1000 ETF | Add +0.2% | 0.08% | +0.00 |
| RELL Richardson Elec Ltd. | Add +56.6% | 0.15% | −0.00 |
| IWM iShares Russell 2000 ETF | Add +2.5% | 0.13% | −0.00 |
| CLAR Clarus Corp. | Add +8.1% | 0.17% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +4.9% | 0.61% | −0.01 |
| ABT Abbott Laboratories | Add +0.8% | 0.46% | −0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 3.26% | −0.03 |
| MDT Medtronic PLC | Add +0.4% | 1.03% | −0.03 |
| SCHW Schwab (charles) Corp. | Add +1.2% | 1.30% | −0.03 |
| PFE Pfizer Inc. | Add +0.8% | 0.37% | −0.05 |
| MCD McDonald's Corp. | Add +0.7% | 0.51% | −0.07 |
| BKNG Booking Holdings Inc. | Add +0.3% | 1.65% | −0.10 |
| PEP Pepsico Inc. | Add +0.6% | 2.25% | −0.12 |
| CSCO Cisco Systems Inc. | Add +0.4% | 1.37% | −0.14 |
| LSTR Landstar System Inc. | Add +0.2% | 1.66% | −0.15 |
| JNJ Johnson & Johnson | Add +1.3% | 2.55% | −0.17 |
| PAYX Paychex Inc. | Add +0.2% | 4.09% | −0.23 |
| YETI Yeti Holdings Inc. | Add +1.8% | 1.09% | −0.48 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 133 | $962.0M | MSFT, BRK.B, GLW, GOOGL, GOOG |
| Q1 2026 | 127 | $874.7M | MSFT, BRK.B, GOOGL, META, GOOG |
| Q4 2025 | 131 | $926.7M | MSFT, BRK.B, GOOGL, META, GOOG |
| Q3 2025 | 129 | $902.5M | MSFT, BRK.B, META, GOOGL, AAPL |
| Q2 2025 | 126 | $874.1M | MSFT, BRK.B, META, PAYX, GOOGL |
| Q1 2025 | 122 | $813.1M | MSFT, BRK.B, META, PAYX, AAPL |
| Q4 2024 | 123 | $826.7M | MSFT, BRK.B, META, PAYX, AAPL |
| Q3 2024 | 125 | $837.4M | MSFT, BRK.B, META, PAYX, AAPL |
| Q2 2024 | 121 | $787.2M | MSFT, BRK.B, META, PAYX, GOOGL |
| Q1 2024 | 121 | $788.8M | MSFT, BRK.B, META, PAYX, GOOGL |