Sandhill Capital Partners LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Sandhill Capital Partners LLC reported 98 stock positions worth $1.2 billion. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 8.1% of the portfolio, followed by Amphenol Class A (APH, 4.7%) and General Electric (GE, 4.3%). Compared with Q1 2026, it opened 11 new positions, sold out of 9, added to 29 and reduced 41. The biggest buy was a new position in Federal Signal (FSS) and the biggest sale an exit from Arthur J Gallagher (AJG).
- Most Recent 13F
- Q2 2026
- Location
- BUFFALO, NY
- CIK
- 0001556245
- Portfolio Value
- $1.2B (Q2 2026)
- SEC Filing
- 0001556245-26-000004 ↗ filed Aug 13, 2026
Holdings Value
Holdings 98 stocks · $1.2B
| BIL SS SPDR BB 1-3M T-Bill ETF | 8.15% | 1,093,403 | $100.2M | Reduce -13.0% |
| APH Amphenol Corp. Class A | 4.73% | 330,298 | $58.2M | Reduce -12.8% |
| GE General Electric filed as GE AEROSPACE | 4.30% | 141,688 | $53.0M | Reduce -8.7% |
| TXN Texas Instruments Inc. | 4.17% | 171,972 | $51.3M | Reduce -7.3% |
| SYK Stryker Corp. | 4.03% | 157,336 | $49.5M | Add +41.7% |
| PANW Palo Alto Networks Inc. | 3.92% | 141,336 | $48.2M | Reduce -46.6% |
| SCHW Schwab (charles) Corp. | 3.56% | 474,705 | $43.8M | Reduce -8.2% |
| MSFT Microsoft Corp. | 3.46% | 114,044 | $42.5M | Reduce -6.4% |
| NOW ServiceNow Inc. | 3.38% | 418,829 | $41.6M | Reduce -23.1% |
| FSS Federal Signal Corp. | 3.32% | 317,427 | $40.8M | New |
| CR Crane Co. | 3.31% | 182,692 | $40.8M | Reduce -13.4% |
| SPXC SPX Technologies Inc. | 3.24% | 162,378 | $39.8M | Reduce -8.4% |
| LIN Linde PLC | 3.23% | 76,581 | $39.7M | Reduce -7.4% |
| FPS Forgent Power Solutions Class A | 3.22% | 709,880 | $39.7M | New |
| GWRE Guidewire Software Inc. | 3.18% | 317,667 | $39.1M | Add +31.3% |
| TT Trane Technologies PLC | 3.14% | 78,544 | $38.6M | Reduce -8.6% |
| AMZN Amazon.com Inc. | 3.13% | 161,658 | $38.5M | Reduce -5.9% |
| ANET Arista Networks Inc. | 3.11% | 225,238 | $38.3M | Reduce -17.3% |
| AVGO Broadcom Inc. | 3.10% | 101,048 | $38.2M | Reduce -9.9% |
| UBER Uber Technologies Inc. | 3.09% | 526,933 | $38.0M | Reduce -8.3% |
| ISRG Intuitive Surgical Inc. | 2.61% | 80,839 | $32.1M | Add +1.4% |
| BMI Badger Meter Inc. | 2.43% | 201,632 | $29.9M | New |
| ACM Aecom | 2.35% | 414,675 | $28.9M | Reduce -29.2% |
| CAT Caterpillar Inc. | 1.18% | 13,642 | $14.5M | Reduce -4.3% |
| SGOV iShares 0-3 Month Treasury B | 1.11% | 135,571 | $13.6M | Add +3.7% |
| AAPL Apple Inc. | 1.09% | 46,137 | $13.4M | Add +1.0% |
| IVV iShares Core S&P 500 ETF | 0.94% | 15,417 | $11.5M | Add +142.8% |
| JPM JPMorgan Chase & Co. | 0.79% | 29,817 | $9.8M | Reduce -0.4% |
| JCI Johnson Controls Internation | 0.70% | 59,039 | $8.6M | Reduce -1.4% |
| USB US Bancorp | 0.61% | 125,132 | $7.6M | Reduce -2.8% |
| AXP American Express Co. | 0.58% | 21,036 | $7.1M | Add +4.9% |
| GS Goldman Sachs Group Inc. | 0.56% | 6,759 | $6.8M | Add +1.5% |
| JNJ Johnson & Johnson | 0.53% | 25,662 | $6.5M | Reduce -0.9% |
| V Visa Inc. Class A | 0.52% | 18,746 | $6.4M | Add +45.3% |
| PG The Procter & Gamble Co. | 0.52% | 43,763 | $6.4M | Reduce -6.2% |
| BLK BlackRock Inc. | 0.47% | 6,028 | $5.8M | Reduce -0.5% |
| WM Waste Management Inc. | 0.46% | 25,623 | $5.7M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.46% | 44,059 | $5.7M | Add +0.1% |
| KO The Coca-Cola Co. | 0.45% | 68,054 | $5.5M | Reduce -0.9% |
| CVX Chevron Corp. | 0.44% | 32,632 | $5.4M | Reduce -0.9% |
| PVAL Putnam Focused LRG Cap Value | 0.43% | 103,276 | $5.3M | Add +165.5% |
| QCOM Qualcomm Inc. | 0.41% | 27,281 | $5.0M | Reduce -6.2% |
| HD Home Depot Inc. | 0.39% | 13,449 | $4.7M | Reduce -6.7% |
| UNH Unitedhealth Group Inc. | 0.38% | 11,253 | $4.7M | Add +9.2% |
| MCD McDonald's Corp. | 0.37% | 16,753 | $4.5M | Add +1.0% |
| FFLC Fidelity Fndmntl L/C Cor ETF | 0.37% | 76,760 | $4.5M | Add +149.4% |
| CME Cme Group Inc. | 0.36% | 19,986 | $4.4M | Add +0.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.34% | 50,355 | $4.2M | Add +230.8% |
| VOO Vanguard S&P 500 ETF | 0.28% | 4,968 | $3.4M | Add +23.4% |
| PAYX Paychex Inc. | 0.27% | 33,210 | $3.3M | Add +3.0% |
| VZ Verizon Communications Inc. | 0.26% | 75,721 | $3.2M | Add +4.9% |
| IVW iShares S&P 500 Growth ETF | 0.25% | 21,938 | $3.0M | Add +232.1% |
| IJH iShares Core S&P Midcap ETF | 0.25% | 39,100 | $3.0M | Add +145.2% |
| TBIL F/M US Treasury 3 Month Bill | 0.14% | 34,211 | $1.7M | Add +146.5% |
| AGG iShares Core U.S. Aggregate | 0.12% | 15,497 | $1.5M | Add +55.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.12% | 15,157 | $1.5M | Add +0.1% |
| EW Edwards Lifesciences Corp. | 0.12% | 15,822 | $1.4M | No change |
| MMM 3M Co. | 0.11% | 8,324 | $1.3M | Reduce -2.4% |
| SYY Sysco Corp. | 0.11% | 16,074 | $1.3M | No change |
| ZBH Zimmer Biomet Holdings Inc. | 0.10% | 13,999 | $1.2M | Reduce -0.2% |
| CRM Salesforce Inc. | 0.08% | 5,992 | $939K | Reduce -55.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.06% | 2,502 | $758K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 1,488 | $745K | Add +5.5% |
| CL Colgate-Palmolive Co. | 0.06% | 8,000 | $733K | No change |
| LH Labcorp Holdings Inc. | 0.05% | 2,400 | $672K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.05% | 12,765 | $669K | New |
| GOOGL Alphabet Inc. Class A | 0.05% | 1,869 | $668K | Add +4.0% |
| IEX Idex Corp. | 0.05% | 2,907 | $660K | No change |
| GIS General Mills Inc. | 0.05% | 18,684 | $650K | Reduce -2.5% |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.05% | 23,656 | $647K | No change |
| XOM Exxonmobil Holdings Corp. | 0.05% | 4,582 | $626K | Reduce -0.9% |
| URI United Rentals Inc. | 0.04% | 452 | $512K | No change |
| AVUS Avantis U.S. Equity ETF | 0.04% | 3,611 | $463K | Reduce -0.7% |
| GLD SPDR Gold Shares | 0.03% | 1,164 | $429K | Reduce -0.7% |
| NVDA Nvidia Corp. | 0.03% | 2,089 | $418K | Add +6.3% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.03% | 7,440 | $396K | Reduce -3.1% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.03% | 1,608 | $383K | Reduce -10.2% |
| ADP Automatic Data Processing | 0.03% | 1,699 | $380K | No change |
| MUNY Vanguard NY Tax-Ex Bond | 0.03% | 3,461 | $360K | New |
| EXR Extra Space Storage Inc. | 0.03% | 2,388 | $347K | Reduce -7.7% |
| IWM iShares Russell 2000 ETF | 0.03% | 1,138 | $342K | Add +10.1% |
| MDLZ Mondelez International Inc. Class A | 0.03% | 5,860 | $339K | No change |
| T AT&T Inc. | 0.03% | 16,320 | $338K | Reduce -2.4% |
| LSBK Lake Shore Bancorp Inc. | 0.03% | 18,218 | $324K | Add +0.6% |
| VCLT Vanguard Long-Term Corp. Bond | 0.03% | 4,130 | $311K | Reduce -0.2% |
| TER Teradyne Inc. | 0.02% | 593 | $287K | New |
| PH Parker Hannifin Corp. | 0.02% | 287 | $281K | No change |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 0.02% | 2,359 | $261K | No change |
| VEA Vanguard Ftse Developed ETF | 0.02% | 3,411 | $243K | New |
| TFC Truist Financial Corp. | 0.02% | 4,818 | $240K | No change |
| TRV The Travelers Cos Inc. | 0.02% | 700 | $231K | No change |
| HONA Honeywell Aerospace Inc. | 0.02% | 978 | $216K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.02% | 753 | $212K | New |
| DHI D.R. Horton Inc. | 0.02% | 1,279 | $208K | New |
| TCEHY Tencent Holdings Ltd.-Uns ADR | 0.02% | 3,646 | $201K | No change |
| GANX Gain Therapeutics Inc. | 0.00% | 15,400 | $31K | No change |
| NAK Northern Dynasty Minerals | 0.00% | 10,131 | $19K | New |
| NAUFF Nevgold Corp. | 0.00% | 10,000 | $15K | New |
Portfolio Sells Q1 2026 → Q2 2026
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −3.20 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −2.64 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −2.00 |
| ACM Aecom | Reduce -29.2% | 2.35% | −1.92 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -13.0% | 8.15% | −1.76 |
| NOW ServiceNow Inc. | Reduce -23.1% | 3.38% | −1.52 |
| SCHW Schwab (charles) Corp. | Reduce -8.2% | 3.56% | −0.62 |
| UBER Uber Technologies Inc. | Reduce -8.3% | 3.09% | −0.47 |
| MSFT Microsoft Corp. | Reduce -6.4% | 3.46% | −0.42 |
| LIN Linde PLC | Reduce -7.4% | 3.23% | −0.30 |
| CVX Chevron Corp. | Reduce -0.9% | 0.44% | −0.15 |
| CRM Salesforce Inc. | Reduce -55.7% | 0.08% | −0.14 |
| VBIL Vanguard 0-3M T-Bill ETF | Sold out | 0.00% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -6.2% | 0.52% | −0.06 |
| WM Waste Management Inc. | Reduce -1.1% | 0.46% | −0.05 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.04 |
| BLK BlackRock Inc. | Reduce -0.5% | 0.47% | −0.03 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.02 |
| HD Home Depot Inc. | Reduce -6.7% | 0.39% | −0.02 |
| HUBB Hubbell Inc. | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.02 |
| XOM Exxonmobil Holdings Corp. | Reduce -0.9% | 0.05% | −0.02 |
| JNJ Johnson & Johnson | Reduce -0.9% | 0.53% | −0.01 |
| T AT&T Inc. | Reduce -2.4% | 0.03% | −0.01 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -0.2% | 0.10% | −0.01 |
| GIS General Mills Inc. | Reduce -2.5% | 0.05% | −0.01 |
| GLD SPDR Gold Shares | Reduce -0.7% | 0.03% | −0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -3.1% | 0.03% | −0.00 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -0.2% | 0.03% | −0.00 |
| EXR Extra Space Storage Inc. | Reduce -7.7% | 0.03% | −0.00 |
| MTB M & T Bank Corp. | Reduce -10.2% | 0.03% | −0.00 |
| KO The Coca-Cola Co. | Reduce -0.9% | 0.45% | +0.00 |
| AVUS Avantis U.S. Equity ETF | Reduce -0.7% | 0.04% | +0.00 |
| MMM 3M Co. | Reduce -2.4% | 0.11% | +0.00 |
| JCI Johnson Controls Internation | Reduce -1.4% | 0.70% | +0.03 |
| JPM JPMorgan Chase & Co. | Reduce -0.4% | 0.79% | +0.04 |
| USB US Bancorp | Reduce -2.8% | 0.61% | +0.04 |
| AMZN Amazon.com Inc. | Reduce -5.9% | 3.13% | +0.05 |
| TT Trane Technologies PLC | Reduce -8.6% | 3.14% | +0.05 |
| QCOM Qualcomm Inc. | Reduce -6.2% | 0.41% | +0.09 |
| AVGO Broadcom Inc. | Reduce -9.9% | 3.10% | +0.12 |
| SPXC SPX Technologies Inc. | Reduce -8.4% | 3.24% | +0.19 |
| CR Crane Co. | Reduce -13.4% | 3.31% | +0.21 |
| ANET Arista Networks Inc. | Reduce -17.3% | 3.11% | +0.24 |
| PANW Palo Alto Networks Inc. | Reduce -46.6% | 3.92% | +0.27 |
| CAT Caterpillar Inc. | Reduce -4.3% | 1.18% | +0.31 |
| GE General Electric | Reduce -8.7% | 4.30% | +0.52 |
| APH Amphenol Corp. Class A | Reduce -12.8% | 4.73% | +0.62 |
| TXN Texas Instruments Inc. | Reduce -7.3% | 4.17% | +1.07 |
Portfolio Buys Q1 2026 → Q2 2026
| FSS Federal Signal Corp. | New | 3.32% | +3.32 |
| FPS Forgent Power Solutions Class A | New | 3.22% | +3.22 |
| BMI Badger Meter Inc. | New | 2.43% | +2.43 |
| SYK Stryker Corp. | Add +41.7% | 4.03% | +0.89 |
| IVV iShares Core S&P 500 ETF | Add +142.8% | 0.94% | +0.58 |
| PVAL Putnam Focused LRG Cap Value | Add +165.5% | 0.43% | +0.27 |
| VEU Vanguard Ftse All-World Ex-U | Add +230.8% | 0.34% | +0.24 |
| FFLC Fidelity Fndmntl L/C Cor ETF | Add +149.4% | 0.37% | +0.23 |
| V Visa Inc. Class A | Add +45.3% | 0.52% | +0.19 |
| IVW iShares S&P 500 Growth ETF | Add +232.1% | 0.25% | +0.18 |
| IJH iShares Core S&P Midcap ETF | Add +145.2% | 0.25% | +0.15 |
| UNH Unitedhealth Group Inc. | Add +9.2% | 0.38% | +0.14 |
| AAPL Apple Inc. | Add +1.0% | 1.09% | +0.09 |
| TBIL F/M US Treasury 3 Month Bill | Add +146.5% | 0.14% | +0.08 |
| GS Goldman Sachs Group Inc. | Add +1.5% | 0.56% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +23.4% | 0.28% | +0.07 |
| GWRE Guidewire Software Inc. | Add +31.3% | 3.18% | +0.06 |
| AXP American Express Co. | Add +4.9% | 0.58% | +0.06 |
| IGSB iShares 1-5Y Inv Grade Corp. | New | 0.05% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +55.1% | 0.12% | +0.04 |
| MUNY Vanguard NY Tax-Ex Bond | New | 0.03% | +0.03 |
| TER Teradyne Inc. | New | 0.02% | +0.02 |
| VEA Vanguard Ftse Developed ETF | New | 0.02% | +0.02 |
| IBM Intl Business Machines Corp. | New | 0.02% | +0.02 |
| DHI D.R. Horton Inc. | New | 0.02% | +0.02 |
| PAYX Paychex Inc. | Add +3.0% | 0.27% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +4.0% | 0.05% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +10.1% | 0.03% | +0.01 |
| MRK Merck & Co. Inc. | Add +0.1% | 0.46% | +0.00 |
| NVDA Nvidia Corp. | Add +6.3% | 0.03% | +0.00 |
| LSBK Lake Shore Bancorp Inc. | Add +0.6% | 0.03% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.5% | 0.06% | +0.00 |
| NAK Northern Dynasty Minerals | New | 0.00% | +0.00 |
| NAUFF Nevgold Corp. | New | 0.00% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.1% | 0.12% | +0.00 |
| SGOV iShares 0-3 Month Treasury B | Add +3.7% | 1.11% | −0.02 |
| VZ Verizon Communications Inc. | Add +4.9% | 0.26% | −0.05 |
| MCD McDonald's Corp. | Add +1.0% | 0.37% | −0.08 |
| CME Cme Group Inc. | Add +0.3% | 0.36% | −0.15 |
| ISRG Intuitive Surgical Inc. | Add +1.4% | 2.61% | −0.55 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 98 | $1.2B | BIL, APH, GE, TXN, SYK |
| Q1 2026 | 95 | $1.2B | BIL, NOW, ACM, SCHW, APH |
| Q4 2025 | 104 | $1.4B | BIL, APH, PANW, ISRG, GE |
| Q3 2025 | 107 | $1.4B | BIL, PANW, APH, UBER, ACM |
| Q2 2025 | 101 | $1.4B | BIL, PANW, GE, NOW, ISRG |
| Q1 2025 | 93 | $1.2B | BIL, PANW, GE, ISRG, NOW |
| Q4 2024 | 95 | $1.3B | BIL, PANW, NOW, ISRG, CDNS |
| Q3 2024 | 93 | $1.4B | BIL, PANW, ISRG, NOW, GE |
| Q2 2024 | 88 | $1.3B | BIL, PANW, TMDX, ISRG, NOW |
| Q1 2024 | 89 | $1.2B | BIL, PANW, NOW, ISRG, TMDX |