Sandhill Capital Partners LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Sandhill Capital Partners LLC reported 93 stock positions worth $1.2 billion. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 10.0% of the portfolio, followed by Palo Alto Networks (PANW, 5.8%) and General Electric (GE, 5.0%). Compared with Q4 2024, it opened 9 new positions, sold out of 11, added to 31 and reduced 37. The biggest buy was a new position in Trane Technologies (TT) and the biggest sale an exit from Illumina (ILMN).
- Most Recent 13F
- Q2 2026
- Location
- BUFFALO, NY
- CIK
- 0001556245
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0001556245-25-000003 ↗ filed May 14, 2025
Holdings Value
Holdings 93 stocks · $1.2B
| BIL SS SPDR BB 1-3M T-Bill ETF | 10.00% | 1,325,659 | $121.6M | Add +26.1% |
| PANW Palo Alto Networks Inc. | 5.84% | 416,478 | $71.1M | Reduce -1.9% |
| GE General Electric filed as GE AEROSPACE | 4.96% | 301,589 | $60.4M | Reduce -1.8% |
| ISRG Intuitive Surgical Inc. | 4.78% | 117,285 | $58.1M | Reduce -9.6% |
| NOW ServiceNow Inc. | 4.41% | 67,322 | $53.6M | Reduce -1.8% |
| TYL Tyler Technologies Inc. | 4.27% | 89,366 | $52.0M | Reduce -4.8% |
| UBER Uber Technologies Inc. | 4.09% | 683,279 | $49.8M | Reduce -4.7% |
| CDNS Cadence Design SYS Inc. | 3.96% | 189,429 | $48.2M | Reduce -1.6% |
| SCHW Schwab (charles) Corp. | 3.81% | 592,615 | $46.4M | Reduce -1.8% |
| ACM Aecom | 3.73% | 488,978 | $45.3M | Add +41.4% |
| LIN Linde PLC | 3.48% | 91,019 | $42.4M | Reduce -0.6% |
| USB US Bancorp | 3.47% | 999,362 | $42.2M | Reduce -7.3% |
| APH Amphenol Corp. Class A | 3.43% | 636,323 | $41.7M | Add +9.4% |
| SPGI S&P Global Inc. | 3.42% | 81,881 | $41.6M | Reduce -1.4% |
| HUBB Hubbell Inc. | 3.09% | 113,418 | $37.5M | Reduce -1.5% |
| SITE Siteone Landscape Supply Inc. | 3.05% | 305,017 | $37.0M | Reduce -1.3% |
| SPXC SPX Technologies Inc. | 2.99% | 282,124 | $36.3M | Reduce -1.4% |
| TT Trane Technologies PLC | 2.65% | 95,567 | $32.2M | New |
| DHR Danaher Corp. | 2.52% | 149,486 | $30.6M | Add +51.7% |
| LFUS Littelfuse Inc. | 2.39% | 147,975 | $29.1M | Reduce -0.8% |
| BKNG Booking Holdings Inc. | 2.32% | 6,122 | $28.2M | Reduce -1.6% |
| ANET Arista Networks Inc. | 1.61% | 252,831 | $19.6M | New |
| ZTS Zoetis Inc. | 1.27% | 93,849 | $15.5M | Add +0.6% |
| AAPL Apple Inc. | 0.88% | 48,325 | $10.7M | Reduce -0.4% |
| MSFT Microsoft Corp. | 0.84% | 27,362 | $10.3M | Add +0.6% |
| AVGO Broadcom Inc. | 0.70% | 51,084 | $8.6M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 0.61% | 30,250 | $7.4M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.56% | 39,708 | $6.8M | Add +0.9% |
| BLK BlackRock Inc. | 0.54% | 6,876 | $6.5M | Add +0.4% |
| WM Waste Management Inc. | 0.52% | 27,397 | $6.3M | Add +0.5% |
| AXP American Express Co. | 0.51% | 22,829 | $6.1M | Reduce -0.1% |
| CVX Chevron Corp. | 0.48% | 34,740 | $5.8M | Add +1.1% |
| UNH Unitedhealth Group Inc. | 0.47% | 10,964 | $5.7M | Reduce -0.0% |
| PAYX Paychex Inc. | 0.47% | 36,776 | $5.7M | Add +0.6% |
| HD Home Depot Inc. | 0.45% | 14,804 | $5.4M | Add +0.8% |
| JCI Johnson Controls Internation | 0.44% | 67,388 | $5.4M | Add +0.7% |
| MCD McDonald's Corp. | 0.44% | 17,232 | $5.4M | Add +1.0% |
| CAT Caterpillar Inc. | 0.44% | 16,071 | $5.3M | Add +0.6% |
| KO The Coca-Cola Co. | 0.43% | 73,332 | $5.3M | Add +1.1% |
| QCOM Qualcomm Inc. | 0.40% | 31,915 | $4.9M | Add +0.9% |
| JNJ Johnson & Johnson | 0.38% | 27,686 | $4.6M | Add +3.9% |
| CRM Salesforce Inc. | 0.37% | 16,731 | $4.5M | New |
| TXN Texas Instruments Inc. | 0.34% | 23,230 | $4.2M | Add +1.3% |
| MRK Merck & Co. Inc. | 0.34% | 46,329 | $4.2M | Add +8.4% |
| SYY Sysco Corp. | 0.32% | 51,564 | $3.9M | Add +3.4% |
| AMZN Amazon.com Inc. | 0.32% | 20,189 | $3.8M | Add +1.3% |
| VZ Verizon Communications Inc. | 0.31% | 82,370 | $3.7M | Add +3.6% |
| NKE Nike Inc. Class B | 0.30% | 57,099 | $3.6M | Add +7.0% |
| GS Goldman Sachs Group Inc. | 0.29% | 6,530 | $3.6M | New |
| TFC Truist Financial Corp. | 0.28% | 82,377 | $3.4M | Add +8.9% |
| GIS General Mills Inc. | 0.24% | 49,074 | $2.9M | Reduce -20.0% |
| DOW Dow Inc. | 0.19% | 65,685 | $2.3M | Add +2.6% |
| ZBH Zimmer Biomet Holdings Inc. | 0.13% | 14,395 | $1.6M | No change |
| IVV iShares Core S&P 500 ETF | 0.13% | 2,841 | $1.6M | Reduce -3.2% |
| EW Edwards Lifesciences Corp. | 0.11% | 18,072 | $1.3M | Reduce -11.7% |
| MMM 3M Co. | 0.10% | 8,536 | $1.3M | Reduce -14.1% |
| VOO Vanguard S&P 500 ETF | 0.09% | 2,189 | $1.1M | Add +17.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.06% | 10,323 | $781K | Add +33.6% |
| BNL Broadstone Net Lease Inc. | 0.06% | 45,769 | $780K | No change |
| CL Colgate-Palmolive Co. | 0.06% | 8,000 | $750K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.05% | 2,643 | $586K | New |
| INTC Intel Corp. | 0.05% | 24,896 | $565K | Reduce -0.1% |
| LH Labcorp Holdings Inc. | 0.05% | 2,400 | $559K | No change |
| XOM Exxon Mobil Corp. | 0.04% | 4,458 | $530K | Reduce -4.0% |
| IEX Idex Corp. | 0.04% | 2,907 | $526K | No change |
| ADP Automatic Data Processing | 0.04% | 1,699 | $519K | No change |
| HON Honeywell International Inc. | 0.04% | 2,449 | $519K | No change |
| IJH iShares Core S&P Midcap ETF | 0.04% | 8,816 | $514K | Add +4.0% |
| MDLZ Mondelez International Inc. Class A | 0.04% | 7,043 | $478K | No change |
| T AT&T Inc. | 0.04% | 16,885 | $478K | Reduce -3.6% |
| ADBE Adobe Inc. | 0.03% | 1,088 | $417K | Reduce -0.1% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.03% | 2,192 | $392K | Reduce -1.7% |
| EXR Extra Space Storage Inc. | 0.03% | 2,588 | $384K | No change |
| LHX L3HARRIS Technologies Inc. | 0.03% | 1,800 | $377K | No change |
| GGG Graco Inc. | 0.03% | 3,842 | $321K | No change |
| VCLT Vanguard Long-Term Corp. Bond | 0.03% | 4,143 | $314K | New |
| INTU Intuit Inc. | 0.03% | 497 | $305K | No change |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 0.02% | 2,359 | $292K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.02% | 2,926 | $289K | Reduce -33.6% |
| URI United Rentals Inc. | 0.02% | 452 | $283K | Reduce -10.0% |
| GLD SPDR Gold Shares | 0.02% | 958 | $276K | Add +2.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.02% | 2,412 | $262K | Reduce -2.6% |
| TMDX Transmedics Group Inc. | 0.02% | 3,627 | $244K | Reduce -98.0% |
| PGR Progressive Corp. | 0.02% | 862 | $244K | No change |
| TCEHY Tencent Holdings Ltd.-Uns ADR | 0.02% | 3,646 | $233K | Reduce -12.1% |
| IWM iShares Russell 2000 ETF | 0.02% | 1,138 | $227K | Reduce -23.7% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.02% | 3,995 | $210K | New |
| GANX Gain Therapeutics Inc. | 0.00% | 15,400 | $29K | No change |
| LAR Lithium Argentina AG | 0.00% | 13,737 | $29K | New |
| WMLLF Wealth Minerals Ltd. | 0.00% | 42,795 | $2K | Reduce -63.7% |
| ARBKF Argo Blockchain PLC | 0.00% | 26,000 | $845 | Reduce -36.6% |
| ENZC Enzolytics Inc. | 0.00% | 100,000 | $70 | New |
| RSHN Rushnet Inc. | 0.00% | 99,999 | $20 | No change |
Portfolio Sells Q4 2024 → Q1 2025
| ILMN Illumina Inc. | Sold out | 0.00% | −2.75 |
| TECH Bio-Techne Corp. | Sold out | 0.00% | −2.37 |
| NOW ServiceNow Inc. | Reduce -1.8% | 4.41% | −1.29 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −1.07 |
| TMDX Transmedics Group Inc. | Reduce -98.0% | 0.02% | −0.85 |
| HUBB Hubbell Inc. | Reduce -1.5% | 3.09% | −0.70 |
| USB US Bancorp | Reduce -7.3% | 3.47% | −0.58 |
| CDNS Cadence Design SYS Inc. | Reduce -1.6% | 3.96% | −0.57 |
| ISRG Intuitive Surgical Inc. | Reduce -9.6% | 4.78% | −0.53 |
| LFUS Littelfuse Inc. | Reduce -0.8% | 2.39% | −0.36 |
| SPXC SPX Technologies Inc. | Reduce -1.4% | 2.99% | −0.28 |
| BA The Boeing Co. | Sold out | 0.00% | −0.25 |
| AVGO Broadcom Inc. | Reduce -0.8% | 0.70% | −0.23 |
| PANW Palo Alto Networks Inc. | Reduce -1.9% | 5.84% | −0.21 |
| SITE Siteone Landscape Supply Inc. | Reduce -1.3% | 3.05% | −0.15 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.11 |
| BKNG Booking Holdings Inc. | Reduce -1.6% | 2.32% | −0.11 |
| AAPL Apple Inc. | Reduce -0.4% | 0.88% | −0.07 |
| GIS General Mills Inc. | Reduce -20.0% | 0.24% | −0.07 |
| AXP American Express Co. | Reduce -0.1% | 0.51% | −0.03 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.02 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.02 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.02 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.02 |
| HODL Vaneck Bitcoin ETF | Sold out | 0.00% | −0.02 |
| DIS The Walt Disney Co. | Reduce -33.6% | 0.02% | −0.01 |
| EW Edwards Lifesciences Corp. | Reduce -11.7% | 0.11% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -23.7% | 0.02% | −0.01 |
| URI United Rentals Inc. | Reduce -10.0% | 0.02% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -3.2% | 0.13% | −0.00 |
| ADBE Adobe Inc. | Reduce -0.1% | 0.03% | −0.00 |
| MTB M & T Bank Corp. | Reduce -1.7% | 0.03% | −0.00 |
| WMLLF Wealth Minerals Ltd. | Reduce -63.7% | 0.00% | −0.00 |
| ARBKF Argo Blockchain PLC | Reduce -36.6% | 0.00% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -2.6% | 0.02% | +0.00 |
| TCEHY Tencent Holdings Ltd.-Uns ADR | Reduce -12.1% | 0.02% | +0.00 |
| MMM 3M Co. | Reduce -14.1% | 0.10% | +0.00 |
| XOM Exxon Mobil Corp. | Reduce -4.0% | 0.04% | +0.00 |
| INTC Intel Corp. | Reduce -0.1% | 0.05% | +0.01 |
| T AT&T Inc. | Reduce -3.6% | 0.04% | +0.01 |
| TYL Tyler Technologies Inc. | Reduce -4.8% | 4.27% | +0.03 |
| UNH Unitedhealth Group Inc. | Reduce -0.0% | 0.47% | +0.04 |
| SPGI S&P Global Inc. | Reduce -1.4% | 3.42% | +0.18 |
| SCHW Schwab (charles) Corp. | Reduce -1.8% | 3.81% | +0.31 |
| LIN Linde PLC | Reduce -0.6% | 3.48% | +0.48 |
| UBER Uber Technologies Inc. | Reduce -4.7% | 4.09% | +0.70 |
| GE General Electric | Reduce -1.8% | 4.96% | +0.95 |
Portfolio Buys Q4 2024 → Q1 2025
| TT Trane Technologies PLC | New | 2.65% | +2.65 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +26.1% | 10.00% | +2.46 |
| ANET Arista Networks Inc. | New | 1.61% | +1.61 |
| ACM Aecom | Add +41.4% | 3.73% | +0.83 |
| DHR Danaher Corp. | Add +51.7% | 2.52% | +0.75 |
| CRM Salesforce Inc. | New | 0.37% | +0.37 |
| GS Goldman Sachs Group Inc. | New | 0.29% | +0.29 |
| APH Amphenol Corp. Class A | Add +9.4% | 3.43% | +0.26 |
| WM Waste Management Inc. | Add +0.5% | 0.52% | +0.09 |
| CVX Chevron Corp. | Add +1.1% | 0.48% | +0.09 |
| ZTS Zoetis Inc. | Add +0.6% | 1.27% | +0.08 |
| KO The Coca-Cola Co. | Add +1.1% | 0.43% | +0.08 |
| JNJ Johnson & Johnson | Add +3.9% | 0.38% | +0.08 |
| PAYX Paychex Inc. | Add +0.6% | 0.47% | +0.06 |
| VZ Verizon Communications Inc. | Add +3.6% | 0.31% | +0.06 |
| MCD McDonald's Corp. | Add +1.0% | 0.44% | +0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.05% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 0.61% | +0.04 |
| PG The Procter & Gamble Co. | Add +0.9% | 0.56% | +0.04 |
| JCI Johnson Controls Internation | Add +0.7% | 0.44% | +0.03 |
| VCLT Vanguard Long-Term Corp. Bond | New | 0.03% | +0.03 |
| QCOM Qualcomm Inc. | Add +0.9% | 0.40% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +33.6% | 0.06% | +0.02 |
| TFC Truist Financial Corp. | Add +8.9% | 0.28% | +0.02 |
| SYY Sysco Corp. | Add +3.4% | 0.32% | +0.02 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +17.8% | 0.09% | +0.01 |
| MRK Merck & Co. Inc. | Add +8.4% | 0.34% | +0.01 |
| TXN Texas Instruments Inc. | Add +1.3% | 0.34% | +0.01 |
| GLD SPDR Gold Shares | Add +2.0% | 0.02% | +0.00 |
| LAR Lithium Argentina AG | New | 0.00% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +4.0% | 0.04% | +0.00 |
| ENZC Enzolytics Inc. | New | 0.00% | 0.00 |
| HD Home Depot Inc. | Add +0.8% | 0.45% | −0.00 |
| DOW Dow Inc. | Add +2.6% | 0.19% | −0.01 |
| BLK BlackRock Inc. | Add +0.4% | 0.54% | −0.02 |
| NKE Nike Inc. Class B | Add +7.0% | 0.30% | −0.02 |
| CAT Caterpillar Inc. | Add +0.6% | 0.44% | −0.02 |
| AMZN Amazon.com Inc. | Add +1.3% | 0.32% | −0.03 |
| MSFT Microsoft Corp. | Add +0.6% | 0.84% | −0.05 |
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 |