Sandhill Capital Partners LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Sandhill Capital Partners LLC reported 88 stock positions worth $1.3 billion. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 6.3% of the portfolio, followed by Palo Alto Networks (PANW, 6.0%) and Transmedics (TMDX, 5.0%). Compared with Q1 2024, it opened 6 new positions, sold out of 7, added to 23 and reduced 40. The biggest buy was a new position in SPX Technologies (SPXC) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- BUFFALO, NY
- CIK
- 0001556245
- Portfolio Value
- $1.3B (Q2 2024)
- SEC Filing
- 0001556245-24-000004 ↗ filed Aug 13, 2024
Holdings Value
Holdings 88 stocks · $1.3B
| BIL SS SPDR BB 1-3M T-Bill ETF | 6.31% | 895,996 | $82.2M | Reduce -52.0% |
| PANW Palo Alto Networks Inc. | 6.01% | 231,034 | $78.3M | Reduce -1.2% |
| TMDX Transmedics Group Inc. | 5.03% | 434,974 | $65.5M | Reduce -40.7% |
| ISRG Intuitive Surgical Inc. | 4.81% | 141,119 | $62.8M | Reduce -1.1% |
| NOW ServiceNow Inc. | 4.51% | 74,722 | $58.8M | Reduce -1.4% |
| UBER Uber Technologies Inc. | 4.33% | 776,580 | $56.4M | Add +12.4% |
| SCHW Schwab (charles) Corp. | 4.11% | 727,033 | $53.6M | Reduce -1.3% |
| TYL Tyler Technologies Inc. | 3.94% | 102,091 | $51.3M | Reduce -1.1% |
| LFUS Littelfuse Inc. | 3.70% | 188,812 | $48.3M | Reduce -1.2% |
| USB US Bancorp | 3.56% | 1,168,741 | $46.4M | Reduce -1.0% |
| SPGI S&P Global Inc. | 3.50% | 102,406 | $45.7M | Reduce -1.0% |
| SPXC SPX Technologies Inc. | 3.38% | 310,392 | $44.1M | New |
| SITE Siteone Landscape Supply Inc. | 3.38% | 363,160 | $44.1M | Add +40.5% |
| GE General Electric filed as GE AEROSPACE | 3.33% | 272,911 | $43.4M | New |
| LIN Linde PLC | 3.28% | 97,525 | $42.8M | Reduce -0.8% |
| APH Amphenol Corp. Class A | 3.25% | 629,737 | $42.4M | Reduce -14.9% |
| TECH Bio-Techne Corp. | 3.13% | 569,881 | $40.8M | Reduce -18.5% |
| HUBB Hubbell Inc. | 2.85% | 101,504 | $37.1M | New |
| ILMN Illumina Inc. | 2.25% | 281,275 | $29.4M | New |
| DHR Danaher Corp. | 2.25% | 117,416 | $29.3M | Reduce -1.2% |
| CDNS Cadence Design SYS Inc. | 2.17% | 91,812 | $28.3M | New |
| BKNG Booking Holdings Inc. | 2.07% | 6,807 | $27.0M | Reduce -1.1% |
| GGG Graco Inc. | 1.84% | 302,566 | $24.0M | Reduce -18.6% |
| MELI MercadoLibre Inc. | 1.71% | 13,560 | $22.3M | Reduce -2.7% |
| ZTS Zoetis Inc. | 1.57% | 117,920 | $20.4M | Reduce -11.5% |
| CSGP Costar Group Inc. | 1.37% | 241,144 | $17.9M | Reduce -1.1% |
| MSFT Microsoft Corp. | 0.91% | 26,535 | $11.9M | Reduce -1.9% |
| AAPL Apple Inc. | 0.74% | 46,050 | $9.7M | Add +2.7% |
| AVGO Broadcom Inc. | 0.66% | 5,364 | $8.6M | Reduce -6.5% |
| PG The Procter & Gamble Co. | 0.49% | 38,475 | $6.3M | Add +1.3% |
| QCOM Qualcomm Inc. | 0.47% | 31,034 | $6.2M | Reduce -3.2% |
| JPM JPMorgan Chase & Co. | 0.46% | 29,800 | $6.0M | Reduce -2.3% |
| WM Waste Management Inc. | 0.43% | 26,540 | $5.7M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 0.43% | 10,899 | $5.6M | Add +0.7% |
| BLK BlackRock Finance Inc. | 0.41% | 6,807 | $5.4M | Add +0.9% |
| CAT Caterpillar Inc. | 0.41% | 16,067 | $5.4M | Reduce -1.5% |
| AXP American Express Co. | 0.40% | 22,482 | $5.2M | Reduce -3.1% |
| CVX Chevron Corp. | 0.39% | 32,476 | $5.1M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.39% | 40,736 | $5.0M | Reduce -0.5% |
| HD Home Depot Inc. | 0.38% | 14,247 | $4.9M | Add +1.2% |
| JCI Johnson Controls Internation | 0.34% | 66,547 | $4.4M | Reduce -2.1% |
| KO The Coca-Cola Co. | 0.33% | 68,576 | $4.4M | Add +2.2% |
| TXN Texas Instruments Inc. | 0.33% | 22,240 | $4.3M | Add +3.5% |
| MCD McDonald's Corp. | 0.32% | 16,499 | $4.2M | Add +2.9% |
| PAYX Paychex Inc. | 0.32% | 35,360 | $4.2M | Add +2.8% |
| JNJ Johnson & Johnson | 0.29% | 25,702 | $3.8M | Add +0.3% |
| GIS General Mills Inc. | 0.28% | 58,295 | $3.7M | Add +0.6% |
| DOW Dow Inc. | 0.28% | 68,090 | $3.6M | Add +1.6% |
| SYY Sysco Corp. | 0.26% | 47,575 | $3.4M | Reduce -8.6% |
| BA The Boeing Co. | 0.25% | 17,752 | $3.2M | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.24% | 76,177 | $3.1M | Add +0.2% |
| PFE Pfizer Inc. | 0.23% | 107,773 | $3.0M | Reduce -0.2% |
| TFC Truist Financial Corp. | 0.21% | 71,408 | $2.8M | Reduce -0.0% |
| NKE Nike Inc. Class B | 0.21% | 36,432 | $2.7M | Add +4.4% |
| EW Edwards Lifesciences Corp. | 0.14% | 20,472 | $1.9M | No change |
| IVV iShares Core S&P 500 ETF | 0.14% | 3,320 | $1.8M | Add +22.6% |
| ZBH Zimmer Biomet Holdings Inc. | 0.12% | 14,474 | $1.6M | Reduce -0.7% |
| CCI Crown Castle Inc. | 0.12% | 16,048 | $1.6M | Add +7.5% |
| MMM 3M Co. | 0.07% | 9,486 | $969K | No change |
| CL Colgate-Palmolive Co. | 0.06% | 8,000 | $776K | No change |
| INTC Intel Corp. | 0.06% | 24,496 | $759K | Reduce -0.2% |
| BNL Broadstone Net Lease Inc. | 0.06% | 45,769 | $726K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.05% | 8,861 | $644K | No change |
| ADBE Adobe Inc. | 0.05% | 1,113 | $618K | Reduce -98.0% |
| IEX Idex Corp. | 0.04% | 2,907 | $585K | No change |
| HON Honeywell International Inc. | 0.04% | 2,474 | $528K | Add +17.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.04% | 5,319 | $528K | Reduce -3.2% |
| LH Labcorp Holdings Inc. | 0.04% | 2,400 | $488K | No change |
| IJH iShares Core S&P Midcap ETF | 0.04% | 8,078 | $473K | Add +3.0% |
| MDLZ Mondelez International Inc. Class A | 0.03% | 6,693 | $438K | No change |
| ADP Automatic Data Processing | 0.03% | 1,699 | $406K | No change |
| LHX L3HARRIS Technologies Inc. | 0.03% | 1,800 | $404K | No change |
| EXR Extra Space Storage Inc. | 0.03% | 2,588 | $402K | No change |
| VOO Vanguard S&P 500 ETF | 0.03% | 793 | $397K | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.03% | 2,582 | $369K | No change |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 0.03% | 2,359 | $362K | No change |
| XOM Exxon Mobil Corp. | 0.03% | 3,127 | $360K | Add +6.1% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.03% | 2,166 | $328K | No change |
| INTU Intuit Inc. | 0.03% | 497 | $327K | No change |
| URI United Rentals Inc. | 0.02% | 502 | $325K | Reduce -16.6% |
| T AT&T Inc. | 0.02% | 16,661 | $318K | Reduce -2.9% |
| JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP | 0.02% | 3,308 | $314K | Reduce -2.5% |
| XLV SS Health Care Select Sector | 0.02% | 2,081 | $303K | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.02% | 2,274 | $244K | Add +3.1% |
| VEEV Veeva Systems Inc. Class A | 0.02% | 1,200 | $220K | No change |
| WMLLF Wealth Minerals Ltd. | 0.00% | 117,795 | $11K | No change |
| ARBKF Argo Blockchain PLC | 0.00% | 41,000 | $4K | Reduce -19.6% |
| RSHN Rushnet Inc. | 0.00% | 99,999 | $30 | No change |
Portfolio Sells Q1 2024 → Q2 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -52.0% | 6.31% | −7.42 |
| ADBE Adobe Inc. | Reduce -98.0% | 0.05% | −2.19 |
| TDY Teledyne Technologies Inc. | Sold out | 0.00% | −1.62 |
| GGG Graco Inc. | Reduce -18.6% | 1.84% | −0.94 |
| TECH Bio-Techne Corp. | Reduce -18.5% | 3.13% | −0.81 |
| USB US Bancorp | Reduce -1.0% | 3.56% | −0.66 |
| CSGP Costar Group Inc. | Reduce -1.1% | 1.37% | −0.51 |
| LIN Linde PLC | Reduce -0.8% | 3.28% | −0.37 |
| ZTS Zoetis Inc. | Reduce -11.5% | 1.57% | −0.24 |
| APH Amphenol Corp. Class A | Reduce -14.9% | 3.25% | −0.16 |
| SCHW Schwab (charles) Corp. | Reduce -1.3% | 4.11% | −0.15 |
| DHR Danaher Corp. | Reduce -1.2% | 2.25% | −0.12 |
| NOW ServiceNow Inc. | Reduce -1.4% | 4.51% | −0.12 |
| SYY Sysco Corp. | Reduce -8.6% | 0.26% | −0.08 |
| CAT Caterpillar Inc. | Reduce -1.5% | 0.41% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -0.5% | 0.39% | −0.05 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -0.7% | 0.12% | −0.03 |
| INTC Intel Corp. | Reduce -0.2% | 0.06% | −0.03 |
| WM Waste Management Inc. | Reduce -2.2% | 0.43% | −0.03 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.03 |
| BA The Boeing Co. | Reduce -0.3% | 0.25% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -2.3% | 0.46% | −0.03 |
| AXP American Express Co. | Reduce -3.1% | 0.40% | −0.02 |
| APTV Aptiv Irish Holdings Ltd. | Sold out | 0.00% | −0.02 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.02 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.02 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.02 |
| SPGI S&P Global Inc. | Reduce -1.0% | 3.50% | −0.02 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.02 |
| JCI Johnson Controls Internation | Reduce -2.1% | 0.34% | −0.02 |
| DIS The Walt Disney Co. | Reduce -3.2% | 0.04% | −0.01 |
| TFC Truist Financial Corp. | Reduce -0.0% | 0.21% | −0.01 |
| URI United Rentals Inc. | Reduce -16.6% | 0.02% | −0.01 |
| PFE Pfizer Inc. | Reduce -0.2% | 0.23% | −0.01 |
| JBTM JBT Marel Corp. | Reduce -2.5% | 0.02% | −0.00 |
| LFUS Littelfuse Inc. | Reduce -1.2% | 3.70% | −0.00 |
| MSFT Microsoft Corp. | Reduce -1.9% | 0.91% | −0.00 |
| ARBKF Argo Blockchain PLC | Reduce -19.6% | 0.00% | −0.00 |
| T AT&T Inc. | Reduce -2.9% | 0.02% | +0.00 |
| MELI MercadoLibre Inc. | Reduce -2.7% | 1.71% | +0.02 |
| QCOM Qualcomm Inc. | Reduce -3.2% | 0.47% | +0.04 |
| AVGO Broadcom Inc. | Reduce -6.5% | 0.66% | +0.05 |
| BKNG Booking Holdings Inc. | Reduce -1.1% | 2.07% | +0.07 |
| ISRG Intuitive Surgical Inc. | Reduce -1.1% | 4.81% | +0.26 |
| TYL Tyler Technologies Inc. | Reduce -1.1% | 3.94% | +0.43 |
| TMDX Transmedics Group Inc. | Reduce -40.7% | 5.03% | +0.68 |
| PANW Palo Alto Networks Inc. | Reduce -1.2% | 6.01% | +0.69 |
Portfolio Buys Q1 2024 → Q2 2024
| SPXC SPX Technologies Inc. | New | 3.38% | +3.38 |
| GE General Electric | New | 3.33% | +3.33 |
| HUBB Hubbell Inc. | New | 2.85% | +2.85 |
| ILMN Illumina Inc. | New | 2.25% | +2.25 |
| CDNS Cadence Design SYS Inc. | New | 2.17% | +2.17 |
| AAPL Apple Inc. | Add +2.7% | 0.74% | +0.13 |
| UBER Uber Technologies Inc. | Add +12.4% | 4.33% | +0.07 |
| TXN Texas Instruments Inc. | Add +3.5% | 0.33% | +0.03 |
| VOO Vanguard S&P 500 ETF | New | 0.03% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +22.6% | 0.14% | +0.03 |
| KO The Coca-Cola Co. | Add +2.2% | 0.33% | +0.01 |
| HON Honeywell International Inc. | Add +17.9% | 0.04% | +0.01 |
| XOM Exxon Mobil Corp. | Add +6.1% | 0.03% | +0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +3.1% | 0.02% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +3.0% | 0.04% | −0.00 |
| UNH Unitedhealth Group Inc. | Add +0.7% | 0.43% | −0.00 |
| CCI Crown Castle Inc. | Add +7.5% | 0.12% | −0.01 |
| PG The Procter & Gamble Co. | Add +1.3% | 0.49% | −0.01 |
| VZ Verizon Communications Inc. | Add +0.2% | 0.24% | −0.01 |
| PAYX Paychex Inc. | Add +2.8% | 0.32% | −0.02 |
| CVX Chevron Corp. | Add +0.1% | 0.39% | −0.02 |
| DOW Dow Inc. | Add +1.6% | 0.28% | −0.03 |
| JNJ Johnson & Johnson | Add +0.3% | 0.29% | −0.04 |
| BLK BlackRock Finance Inc. | Add +0.9% | 0.41% | −0.04 |
| MCD McDonald's Corp. | Add +2.9% | 0.32% | −0.04 |
| GIS General Mills Inc. | Add +0.6% | 0.28% | −0.04 |
| NKE Nike Inc. Class B | Add +4.4% | 0.21% | −0.05 |
| HD Home Depot Inc. | Add +1.2% | 0.38% | −0.06 |
| SITE Siteone Landscape Supply Inc. | Add +40.5% | 3.38% | −0.23 |
Notes & Other Activity Q1 2024 → Q2 2024
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | Sold out | 16,760 | $2Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |