Sandhill Capital Partners LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Sandhill Capital Partners LLC reported 89 stock positions worth $1.2 billion. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 13.7% of the portfolio, followed by Palo Alto Networks (PANW, 5.3%) and ServiceNow (NOW, 4.6%). Compared with Q4 2023, it opened 6 new positions, sold out of 2, added to 29 and reduced 38. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +36%) and the biggest sale Zimmer Biomet (ZBH, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- BUFFALO, NY
- CIK
- 0001556245
- Portfolio Value
- $1.2B (Q1 2024)
- SEC Filing
- 0001556245-24-000003 ↗ filed May 14, 2024
Holdings Value
Holdings 89 stocks · $1.2B
| BIL SS SPDR BB 1-3M T-Bill ETF | 13.72% | 1,868,157 | $171.5M | Add +36.1% |
| PANW Palo Alto Networks Inc. | 5.31% | 233,746 | $66.4M | Add +2.3% |
| NOW ServiceNow Inc. | 4.63% | 75,825 | $57.8M | Reduce -0.7% |
| ISRG Intuitive Surgical Inc. | 4.56% | 142,719 | $57.0M | Reduce -9.1% |
| TMDX Transmedics Group Inc. | 4.34% | 733,671 | $54.2M | Reduce -3.9% |
| SCHW Schwab (charles) Corp. | 4.26% | 736,312 | $53.3M | Reduce -0.3% |
| UBER Uber Technologies Inc. | 4.26% | 691,020 | $53.2M | Add +12.1% |
| USB US Bancorp | 4.22% | 1,180,473 | $52.8M | Reduce -0.2% |
| TECH Bio-Techne Corp. | 3.94% | 699,282 | $49.2M | Add +1.2% |
| LFUS Littelfuse Inc. | 3.70% | 191,040 | $46.3M | Add +1.0% |
| LIN Linde PLC | 3.65% | 98,307 | $45.6M | Reduce -5.9% |
| SITE Siteone Landscape Supply Inc. | 3.61% | 258,485 | $45.1M | Add +0.0% |
| SPGI S&P Global Inc. | 3.52% | 103,397 | $44.0M | Reduce -0.1% |
| TYL Tyler Technologies Inc. | 3.51% | 103,257 | $43.9M | Reduce -7.6% |
| APH Amphenol Corp. Class A | 3.41% | 369,901 | $42.7M | Reduce -0.5% |
| GGG Graco Inc. | 2.78% | 371,895 | $34.8M | Add +0.3% |
| DHR Danaher Corp. | 2.37% | 118,810 | $29.7M | Add +1.1% |
| ADBE Adobe Inc. | 2.24% | 55,478 | $28.0M | Add +0.0% |
| BKNG Booking Holdings Inc. | 2.00% | 6,881 | $25.0M | Reduce -22.6% |
| CSGP Costar Group Inc. | 1.88% | 243,738 | $23.5M | Reduce -28.2% |
| ZTS Zoetis Inc. | 1.80% | 133,244 | $22.5M | Add +0.5% |
| MELI MercadoLibre Inc. | 1.69% | 13,937 | $21.1M | New |
| TDY Teledyne Technologies Inc. | 1.62% | 47,177 | $20.3M | Add +0.1% |
| MSFT Microsoft Corp. | 0.91% | 27,048 | $11.4M | Reduce -2.8% |
| AAPL Apple Inc. | 0.62% | 44,825 | $7.7M | Reduce -1.0% |
| AVGO Broadcom Inc. | 0.61% | 5,737 | $7.6M | Reduce -1.9% |
| PG The Procter & Gamble Co. | 0.49% | 37,999 | $6.2M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 0.49% | 30,504 | $6.1M | Reduce -1.5% |
| CAT Caterpillar Inc. | 0.48% | 16,317 | $6.0M | Reduce -1.6% |
| WM Waste Management Inc. | 0.46% | 27,141 | $5.8M | Reduce -1.8% |
| BLK BlackRock Finance Inc. | 0.45% | 6,745 | $5.6M | Reduce -2.1% |
| QCOM Qualcomm Inc. | 0.43% | 32,049 | $5.4M | Reduce -1.3% |
| HD Home Depot Inc. | 0.43% | 14,077 | $5.4M | Reduce -1.3% |
| MRK Merck & Co. Inc. | 0.43% | 40,923 | $5.4M | Reduce -2.3% |
| UNH Unitedhealth Group Inc. | 0.43% | 10,828 | $5.4M | Add +37.3% |
| AXP American Express Co. | 0.42% | 23,213 | $5.3M | Reduce -1.6% |
| CVX Chevron Corp. | 0.41% | 32,431 | $5.1M | Add +3.0% |
| MCD McDonald's Corp. | 0.36% | 16,042 | $4.5M | Reduce -1.1% |
| JCI Johnson Controls Internation | 0.36% | 67,984 | $4.4M | Add +3.1% |
| SYY Sysco Corp. | 0.34% | 52,045 | $4.2M | Add +1.0% |
| PAYX Paychex Inc. | 0.34% | 34,391 | $4.2M | Reduce -1.4% |
| KO The Coca-Cola Co. | 0.33% | 67,093 | $4.1M | Add +1.1% |
| JNJ Johnson & Johnson | 0.32% | 25,634 | $4.1M | Add +0.6% |
| GIS General Mills Inc. | 0.32% | 57,934 | $4.1M | Add +1.8% |
| DOW Dow Inc. | 0.31% | 66,988 | $3.9M | Add +0.6% |
| TXN Texas Instruments Inc. | 0.30% | 21,499 | $3.7M | Add +2.7% |
| BA The Boeing Co. | 0.28% | 17,812 | $3.4M | Reduce -1.7% |
| NKE Nike Inc. Class B | 0.26% | 34,895 | $3.3M | Add +0.4% |
| VZ Verizon Communications Inc. | 0.26% | 76,057 | $3.2M | Add +1.3% |
| PFE Pfizer Inc. | 0.24% | 107,983 | $3.0M | Add +11.3% |
| TFC Truist Financial Corp. | 0.22% | 71,439 | $2.8M | Add +2.7% |
| EW Edwards Lifesciences Corp. | 0.16% | 20,472 | $2.0M | Reduce -18.0% |
| ZBH Zimmer Biomet Holdings Inc. | 0.15% | 14,570 | $1.9M | Reduce -94.9% |
| CCI Crown Castle Inc. | 0.13% | 14,931 | $1.6M | Add +6.6% |
| IVV iShares Core S&P 500 ETF | 0.11% | 2,709 | $1.4M | Reduce -2.8% |
| INTC Intel Corp. | 0.09% | 24,550 | $1.1M | Reduce -4.1% |
| MMM 3M Co. | 0.08% | 9,486 | $1.0M | Reduce -11.2% |
| CL Colgate-Palmolive Co. | 0.06% | 8,000 | $720K | No change |
| BNL Broadstone Net Lease Inc. | 0.06% | 45,769 | $717K | No change |
| IEX Idex Corp. | 0.06% | 2,907 | $709K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.05% | 5,496 | $672K | Reduce -36.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.05% | 8,861 | $658K | No change |
| LH Laboratory CRP of Amer Hldgs | 0.04% | 2,400 | $524K | No change |
| IJH iShares Core S&P Midcap ETF | 0.04% | 7,845 | $477K | Add +2.3% |
| MDLZ Mondelez International Inc. Class A | 0.04% | 6,693 | $469K | No change |
| URI United Rentals Inc. | 0.03% | 602 | $434K | Add +19.9% |
| HON Honeywell International Inc. | 0.03% | 2,098 | $431K | Reduce -25.6% |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 0.03% | 2,359 | $427K | No change |
| ADP Automatic Data Processing | 0.03% | 1,699 | $424K | No change |
| LHX L3HARRIS Technologies Inc. | 0.03% | 1,800 | $384K | No change |
| EXR Extra Space Storage Inc. | 0.03% | 2,588 | $380K | Reduce -7.6% |
| JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP | 0.03% | 3,393 | $356K | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.03% | 5,571 | $352K | New |
| XOM Exxon Mobil Corp. | 0.03% | 2,946 | $342K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.03% | 2,582 | $332K | Reduce -16.2% |
| INTU Intuit Inc. | 0.03% | 497 | $323K | No change |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.03% | 2,166 | $315K | Reduce -3.5% |
| XLV SS Health Care Select Sector | 0.02% | 2,081 | $307K | No change |
| T AT&T Inc. | 0.02% | 17,161 | $302K | Add +0.7% |
| VEEV Veeva Systems Inc. Class A | 0.02% | 1,200 | $278K | Reduce -40.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.02% | 2,205 | $240K | Add +3.1% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.02% | 3,006 | $239K | Reduce -2.0% |
| GPN Global Payments Inc. | 0.02% | 1,775 | $237K | No change |
| CRL Charles River Laboratories | 0.02% | 808 | $219K | New |
| DHI D.R. Horton Inc. | 0.02% | 1,283 | $211K | New |
| IWM iShares Russell 2000 ETF | 0.02% | 986 | $207K | New |
| WMLLF Wealth Minerals Ltd. | 0.00% | 117,795 | $18K | No change |
| ARBKF Argo Blockchain PLC | 0.00% | 51,000 | $10K | No change |
| RSHN Rushnet Inc. | 0.00% | 99,999 | $40 | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 16,760 | $2K | No change |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q4 2023 → Q1 2024
| ZBH Zimmer Biomet Holdings Inc. | Reduce -94.9% | 0.15% | −2.75 |
| TMDX Transmedics Group Inc. | Reduce -3.9% | 4.34% | −0.66 |
| BKNG Booking Holdings Inc. | Reduce -22.6% | 2.00% | −0.62 |
| CSGP Costar Group Inc. | Reduce -28.2% | 1.88% | −0.58 |
| TYL Tyler Technologies Inc. | Reduce -7.6% | 3.51% | −0.37 |
| SPGI S&P Global Inc. | Reduce -0.1% | 3.52% | −0.27 |
| BA The Boeing Co. | Reduce -1.7% | 0.28% | −0.12 |
| AAPL Apple Inc. | Reduce -1.0% | 0.62% | −0.11 |
| MCD McDonald's Corp. | Reduce -1.1% | 0.36% | −0.04 |
| USB US Bancorp | Reduce -0.2% | 4.22% | −0.03 |
| INTC Intel Corp. | Reduce -4.1% | 0.09% | −0.02 |
| DASTY Dassault Systemes S-Spon ADR | Sold out | 0.00% | −0.02 |
| SITM Sitime Corp. | Sold out | 0.00% | −0.02 |
| MMM 3M Co. | Reduce -11.2% | 0.08% | −0.02 |
| HON Honeywell International Inc. | Reduce -25.6% | 0.03% | −0.01 |
| BLK BlackRock Finance Inc. | Reduce -2.1% | 0.45% | −0.01 |
| DIS The Walt Disney Co. | Reduce -36.1% | 0.05% | −0.01 |
| VEEV Veeva Systems Inc. Class A | Reduce -40.3% | 0.02% | −0.01 |
| PAYX Paychex Inc. | Reduce -1.4% | 0.34% | −0.01 |
| EXR Extra Space Storage Inc. | Reduce -7.6% | 0.03% | −0.01 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -2.0% | 0.02% | −0.00 |
| EW Edwards Lifesciences Corp. | Reduce -18.0% | 0.16% | −0.00 |
| MTB M & T Bank Corp. | Reduce -3.5% | 0.03% | −0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -16.2% | 0.03% | 0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -2.8% | 0.11% | +0.00 |
| HD Home Depot Inc. | Reduce -1.3% | 0.43% | +0.02 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 0.49% | +0.03 |
| SCHW Schwab (charles) Corp. | Reduce -0.3% | 4.26% | +0.04 |
| MSFT Microsoft Corp. | Reduce -2.8% | 0.91% | +0.04 |
| QCOM Qualcomm Inc. | Reduce -1.3% | 0.43% | +0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.5% | 0.49% | +0.05 |
| WM Waste Management Inc. | Reduce -1.8% | 0.46% | +0.05 |
| MRK Merck & Co. Inc. | Reduce -2.3% | 0.43% | +0.05 |
| AXP American Express Co. | Reduce -1.6% | 0.42% | +0.06 |
| AVGO Broadcom Inc. | Reduce -1.9% | 0.61% | +0.07 |
| CAT Caterpillar Inc. | Reduce -1.6% | 0.48% | +0.07 |
| LIN Linde PLC | Reduce -5.9% | 3.65% | +0.09 |
| NOW ServiceNow Inc. | Reduce -0.7% | 4.63% | +0.14 |
| ISRG Intuitive Surgical Inc. | Reduce -9.1% | 4.56% | +0.16 |
| APH Amphenol Corp. Class A | Reduce -0.5% | 3.41% | +0.35 |
Portfolio Buys Q4 2023 → Q1 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +36.1% | 13.72% | +3.30 |
| MELI MercadoLibre Inc. | New | 1.69% | +1.69 |
| UBER Uber Technologies Inc. | Add +12.1% | 4.26% | +1.10 |
| SITE Siteone Landscape Supply Inc. | Add +0.0% | 3.61% | +0.12 |
| DHR Danaher Corp. | Add +1.1% | 2.37% | +0.11 |
| GGG Graco Inc. | Add +0.3% | 2.78% | +0.11 |
| UNH Unitedhealth Group Inc. | Add +37.3% | 0.43% | +0.08 |
| JCI Johnson Controls Internation | Add +3.1% | 0.36% | +0.04 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.03% | +0.03 |
| SYY Sysco Corp. | Add +1.0% | 0.34% | +0.03 |
| VZ Verizon Communications Inc. | Add +1.3% | 0.26% | +0.02 |
| CVX Chevron Corp. | Add +3.0% | 0.41% | +0.02 |
| CRL Charles River Laboratories | New | 0.02% | +0.02 |
| DHI D.R. Horton Inc. | New | 0.02% | +0.02 |
| IWM iShares Russell 2000 ETF | New | 0.02% | +0.02 |
| GIS General Mills Inc. | Add +1.8% | 0.32% | +0.02 |
| URI United Rentals Inc. | Add +19.9% | 0.03% | +0.01 |
| TFC Truist Financial Corp. | Add +2.7% | 0.22% | +0.01 |
| PFE Pfizer Inc. | Add +11.3% | 0.24% | +0.01 |
| DOW Dow Inc. | Add +0.6% | 0.31% | +0.01 |
| KO The Coca-Cola Co. | Add +1.1% | 0.33% | +0.00 |
| TXN Texas Instruments Inc. | Add +2.7% | 0.30% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +2.3% | 0.04% | +0.00 |
| T AT&T Inc. | Add +0.7% | 0.02% | +0.00 |
| RSHN Rushnet Inc. | New | 0.00% | 0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +3.1% | 0.02% | −0.00 |
| JNJ Johnson & Johnson | Add +0.6% | 0.32% | −0.01 |
| CCI Crown Castle Inc. | Add +6.6% | 0.13% | −0.01 |
| NKE Nike Inc. Class B | Add +0.4% | 0.26% | −0.05 |
| TDY Teledyne Technologies Inc. | Add +0.1% | 1.62% | −0.13 |
| PANW Palo Alto Networks Inc. | Add +2.3% | 5.31% | −0.28 |
| ZTS Zoetis Inc. | Add +0.5% | 1.80% | −0.37 |
| TECH Bio-Techne Corp. | Add +1.2% | 3.94% | −0.49 |
| LFUS Littelfuse Inc. | Add +1.0% | 3.70% | −0.50 |
| ADBE Adobe Inc. | Add +0.0% | 2.24% | −0.51 |
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 |