Sandhill Capital Partners LLC

Name: Sandhill Capital Partners LLC 13F holdings, Q1 2026
Creator: Sandhill Capital Partners LLC
Published: 2026-05-14

Q2 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Sandhill Capital Partners LLC reported 95 stock positions worth $1.2 billion. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 9.9% of the portfolio, followed by ServiceNow (NOW, 4.9%) and Aecom (ACM, 4.3%). Compared with Q4 2025, it opened 8 new positions, sold out of 17, added to 19 and reduced 52. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +27%) and the biggest sale Hubbell (HUBB, shares −100%).

Most Recent 13F: Q2 2026
Location: BUFFALO, NY
CIK: 0001556245
Portfolio Value: $1.2B (Q1 2026)
SEC Filing: 0001556245-26-000003 ↗ filed May 14, 2026

Holdings Value

Holdings 95 stocks · $1.2B


BIL SS SPDR BB 1-3M T-Bill ETF	9.90%	1,256,313	$115.1M	Add +26.8%
NOW ServiceNow Inc.	4.90%	544,634	$56.9M	Add +66.3%
ACM Aecom	4.27%	585,464	$49.7M	Add +24.0%
SCHW Schwab (charles) Corp.	4.18%	517,124	$48.6M	Reduce -9.8%
APH Amphenol Corp. Class A	4.12%	378,730	$47.9M	Reduce -38.2%
MSFT Microsoft Corp.	3.88%	121,801	$45.1M	Add +339.6%
GE General Electric filed as GE AEROSPACE	3.79%	155,133	$44.0M	Reduce -19.0%
PANW Palo Alto Networks Inc.	3.65%	264,469	$42.4M	Reduce -34.0%
UBER Uber Technologies Inc.	3.56%	574,944	$41.4M	Reduce -9.9%
LIN Linde PLC	3.53%	82,723	$41.0M	Reduce -8.0%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	3.20%	172,035	$37.3M	Add +20.4%
ISRG Intuitive Surgical Inc.	3.16%	79,691	$36.7M	Reduce -30.4%
SYK Stryker Corp.	3.14%	111,030	$36.5M	New
GWRE Guidewire Software Inc.	3.11%	242,036	$36.2M	Add +16.6%
CR Crane Co.	3.10%	211,009	$36.1M	Add +126.1%
TXN Texas Instruments Inc.	3.10%	185,521	$36.0M	Add +681.5%
TT Trane Technologies PLC	3.08%	85,966	$35.8M	Reduce -9.1%
AMZN Amazon.com Inc.	3.08%	171,821	$35.8M	Add +752.8%
SPXC SPX Technologies Inc.	3.05%	177,215	$35.4M	Reduce -35.4%
AVGO Broadcom Inc.	2.99%	112,184	$34.7M	Add +178.0%
ANET Arista Networks Inc.	2.87%	272,232	$33.4M	Reduce -27.6%
SPGI S&P Global Inc.	2.64%	72,194	$30.7M	Reduce -9.7%
BKNG Booking Holdings Inc.	2.00%	5,512	$23.2M	Reduce -8.2%
SGOV iShares 0-3 Month Treasury B	1.13%	130,697	$13.2M	Reduce -44.3%
AAPL Apple Inc.	1.00%	45,677	$11.6M	Reduce -7.3%
CAT Caterpillar Inc.	0.87%	14,251	$10.1M	Reduce -10.7%
JPM JPMorgan Chase & Co.	0.76%	29,929	$8.8M	Reduce -10.1%
JCI Johnson Controls Internation	0.67%	59,859	$7.8M	Reduce -8.1%
CVX Chevron Corp.	0.59%	32,922	$6.8M	Reduce -4.8%
PG The Procter & Gamble Co.	0.58%	46,678	$6.7M	Reduce -4.8%
USB US Bancorp	0.58%	128,688	$6.7M	Reduce -86.6%
JNJ Johnson & Johnson	0.54%	25,899	$6.3M	Reduce -6.8%
AXP American Express Co.	0.52%	20,061	$6.1M	Reduce -8.0%
WM Waste Management Inc.	0.51%	25,914	$6.0M	Reduce -6.0%
CME Cme Group Inc.	0.51%	19,918	$5.9M	Reduce -9.5%
BLK BlackRock Inc.	0.50%	6,056	$5.8M	Reduce -11.2%
GS Goldman Sachs Group Inc.	0.48%	6,657	$5.6M	Add +1.0%
MRK Merck & Co. Inc.	0.46%	44,020	$5.3M	Reduce -7.9%
KO The Coca-Cola Co.	0.45%	68,645	$5.2M	Reduce -7.2%
MCD McDonald's Corp.	0.44%	16,594	$5.2M	Reduce -6.2%
HD Home Depot Inc.	0.41%	14,408	$4.7M	Reduce -4.8%
IVV iShares Core S&P 500 ETF	0.36%	6,351	$4.1M	Add +130.1%
V Visa Inc. Class A	0.34%	12,902	$3.9M	Reduce -7.3%
QCOM Qualcomm Inc.	0.32%	29,077	$3.7M	Reduce -6.4%
VZ Verizon Communications Inc.	0.31%	72,170	$3.6M	Reduce -5.7%
PAYX Paychex Inc.	0.26%	32,231	$3.0M	Reduce -9.5%
UNH Unitedhealth Group Inc.	0.24%	10,308	$2.8M	Reduce -19.6%
CRM Salesforce Inc.	0.22%	13,517	$2.5M	Reduce -9.2%
VOO Vanguard S&P 500 ETF	0.21%	4,025	$2.4M	Reduce -0.8%
PVAL Putnam Focused LRG Cap Value	0.16%	38,902	$1.8M	New
FFLC Fidelity Fndmntl L/C Cor ETF	0.14%	30,772	$1.6M	New
IEFA iShares Core MSCI Eafe ETF	0.12%	15,143	$1.4M	Add +13.8%
ZBH Zimmer Biomet Holdings Inc.	0.11%	14,021	$1.3M	No change
EW Edwards Lifesciences Corp.	0.11%	15,822	$1.3M	Reduce -4.5%
MMM 3M Co.	0.11%	8,524	$1.2M	Reduce -0.1%
SYY Sysco Corp.	0.10%	16,074	$1.1M	No change
VEU Vanguard Ftse All-World Ex-U	0.10%	15,224	$1.1M	New
IJH iShares Core S&P Midcap ETF	0.09%	15,946	$1.1M	Add +93.6%
AGG iShares Core U.S. Aggregate	0.09%	9,992	$992K	New
DOW Dow Inc. filed as DOW HLDGS INC	0.08%	23,656	$985K	Reduce -1.5%
VBIL Vanguard 0-3M T-Bill ETF	0.07%	11,507	$871K	Reduce -67.0%
XOM Exxon Mobil Corp.	0.07%	4,622	$784K	Reduce -0.6%
IVW iShares S&P 500 Growth ETF	0.06%	6,606	$747K	New
GIS General Mills Inc.	0.06%	19,159	$713K	No change
TBIL F/M US Treasury 3 Month Bill	0.06%	13,877	$692K	New
CL Colgate-Palmolive Co.	0.06%	8,000	$682K	No change
BRK.B Berkshire Hathaway Inc. Class B	0.06%	1,410	$676K	Add +15.2%
VB Vanguard Most SM-Cap ETF-Usd	0.06%	2,502	$655K	Reduce -4.2%
LH Labcorp Holdings Inc.	0.06%	2,400	$640K	No change
IEX Idex Corp.	0.05%	2,907	$551K	No change
GOOGL Alphabet Inc. Class A	0.04%	1,797	$517K	Add +19.5%
GLD SPDR Gold Shares	0.04%	1,172	$504K	Add +39.9%
T AT&T Inc.	0.04%	16,720	$485K	Reduce -5.9%
HON Honeywell International Inc.	0.04%	1,958	$443K	Reduce -14.5%
IGIB iShares 5-10Y Inv Grade Corp.	0.04%	7,682	$409K	Add +3.7%
AVUS Avantis U.S. Equity ETF	0.03%	3,636	$404K	Add +20.5%
MTB M & T Bank Corp. filed as M & T BK CORP	0.03%	1,790	$370K	Reduce -24.3%
ADP Automatic Data Processing	0.03%	1,699	$345K	No change
NVDA Nvidia Corp.	0.03%	1,965	$343K	New
EXR Extra Space Storage Inc.	0.03%	2,588	$339K	No change
MDLZ Mondelez International Inc. Class A	0.03%	5,860	$338K	Reduce -1.1%
URI United Rentals Inc.	0.03%	452	$329K	No change
VCLT Vanguard Long-Term Corp. Bond	0.03%	4,139	$309K	Reduce -0.1%
ZTS Zoetis Inc.	0.03%	2,508	$296K	No change
LSBK Lake Shore Bancorp Inc.	0.02%	18,116	$275K	Reduce -9.4%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	0.02%	2,500	$272K	Reduce -4.6%
LVMUY LVMH Moet Hennessy-Unsp ADR	0.02%	2,359	$258K	No change
PH Parker Hannifin Corp.	0.02%	287	$257K	No change
IWM iShares Russell 2000 ETF	0.02%	1,034	$256K	Reduce -1.1%
TCEHY Tencent Holdings Ltd.-Uns ADR	0.02%	3,646	$231K	No change
TFC Truist Financial Corp.	0.02%	4,818	$221K	No change
HUBB Hubbell Inc.	0.02%	442	$217K	Reduce -99.6%
INTU Intuit Inc.	0.02%	497	$215K	No change
TRV The Travelers Cos Inc.	0.02%	700	$204K	Reduce -1.4%
GANX Gain Therapeutics Inc.	0.00%	15,400	$30K	No change

Portfolio Sells Q4 2025 → Q1 2026


HUBB Hubbell Inc.	Reduce -99.6%	0.02%	−3.41
TYL Tyler Technologies Inc.	Sold out	0.00%	−3.24
USB US Bancorp	Reduce -86.6%	0.58%	−3.06
CDNS Cadence Design SYS Inc.	Sold out	0.00%	−2.88
TTAN Servicetitan Inc. Class A	Sold out	0.00%	−2.61
APH Amphenol Corp. Class A	Reduce -38.2%	4.12%	−1.78
PANW Palo Alto Networks Inc.	Reduce -34.0%	3.65%	−1.61
ISRG Intuitive Surgical Inc.	Reduce -30.4%	3.16%	−1.46
SITE Siteone Landscape Supply Inc.	Sold out	0.00%	−1.12
SPXC SPX Technologies Inc.	Reduce -35.4%	3.05%	−0.86
SPY SS SPDR S&P 500 ETF Trust-US	Sold out	0.00%	−0.82
ANET Arista Networks Inc.	Reduce -27.6%	2.87%	−0.64
SGOV iShares 0-3 Month Treasury B	Reduce -44.3%	1.13%	−0.55
GE General Electric	Reduce -19.0%	3.79%	−0.42
SPGI S&P Global Inc.	Reduce -9.7%	2.64%	−0.33
BKNG Booking Holdings Inc.	Reduce -8.2%	2.00%	−0.30
UBER Uber Technologies Inc.	Reduce -9.9%	3.56%	−0.16
VBIL Vanguard 0-3M T-Bill ETF	Reduce -67.0%	0.07%	−0.11
CRM Salesforce Inc.	Reduce -9.2%	0.22%	−0.06
UNH Unitedhealth Group Inc.	Reduce -19.6%	0.24%	−0.06
TSLA Tesla Inc.	Sold out	0.00%	−0.06
BNL Broadstone Net Lease Inc.	Sold out	0.00%	−0.06
QCOM Qualcomm Inc.	Reduce -6.4%	0.32%	−0.06
INTC Intel Corp.	Sold out	0.00%	−0.05
AXP American Express Co.	Reduce -8.0%	0.52%	−0.05
LHX L3HARRIS Technologies Inc.	Sold out	0.00%	−0.04
DHR Danaher Corp.	Sold out	0.00%	−0.04
BITB Bitwise Bitcoin ETF	Sold out	0.00%	−0.04
PAYX Paychex Inc.	Reduce -9.5%	0.26%	−0.03
ADBE Adobe Inc.	Sold out	0.00%	−0.02
BLK BlackRock Inc.	Reduce -11.2%	0.50%	−0.02
DIS The Walt Disney Co.	Sold out	0.00%	−0.02
MA Mastercard Inc. Class A	Sold out	0.00%	−0.02
IBM Intl Business Machines Corp.	Sold out	0.00%	−0.02
GGG Graco Inc.	Sold out	0.00%	−0.01
HODL Vaneck Bitcoin ETF	Sold out	0.00%	−0.01
V Visa Inc. Class A	Reduce -7.3%	0.34%	−0.01
JPM JPMorgan Chase & Co.	Reduce -10.1%	0.76%	−0.01
MTB M & T Bank Corp.	Reduce -24.3%	0.03%	−0.00
LSBK Lake Shore Bancorp Inc.	Reduce -9.4%	0.02%	+0.00
LQD Ishr Ibx Usd Invgd CB ETF-Ui	Reduce -4.6%	0.02%	+0.00
TRV The Travelers Cos Inc.	Reduce -1.4%	0.02%	+0.00
IWM iShares Russell 2000 ETF	Reduce -1.1%	0.02%	+0.00
VCLT Vanguard Long-Term Corp. Bond	Reduce -0.1%	0.03%	+0.00
HON Honeywell International Inc.	Reduce -14.5%	0.04%	+0.01
MDLZ Mondelez International Inc. Class A	Reduce -1.1%	0.03%	+0.01
EW Edwards Lifesciences Corp.	Reduce -4.5%	0.11%	+0.01
VB Vanguard Most SM-Cap ETF-Usd	Reduce -4.2%	0.06%	+0.01
MMM 3M Co.	Reduce -0.1%	0.11%	+0.01
T AT&T Inc.	Reduce -5.9%	0.04%	+0.01

Portfolio Buys Q4 2025 → Q1 2026


BIL SS SPDR BB 1-3M T-Bill ETF	Add +26.8%	9.90%	+3.45
SYK Stryker Corp.	New	3.14%	+3.14
MSFT Microsoft Corp.	Add +339.6%	3.88%	+2.92
TXN Texas Instruments Inc.	Add +681.5%	3.10%	+2.80
AMZN Amazon.com Inc.	Add +752.8%	3.08%	+2.75
AVGO Broadcom Inc.	Add +178.0%	2.99%	+1.99
CR Crane Co.	Add +126.1%	3.10%	+1.88
NOW ServiceNow Inc.	Add +66.3%	4.90%	+1.32
ACM Aecom	Add +24.0%	4.27%	+1.07
AJG Arthur J Gallagher & Co.	Add +20.4%	3.20%	+0.57
IVV iShares Core S&P 500 ETF	Add +130.1%	0.36%	+0.22
PVAL Putnam Focused LRG Cap Value	New	0.16%	+0.16
GWRE Guidewire Software Inc.	Add +16.6%	3.11%	+0.14
FFLC Fidelity Fndmntl L/C Cor ETF	New	0.14%	+0.14
VEU Vanguard Ftse All-World Ex-U	New	0.10%	+0.10
AGG iShares Core U.S. Aggregate	New	0.09%	+0.09
GS Goldman Sachs Group Inc.	Add +1.0%	0.48%	+0.07
IVW iShares S&P 500 Growth ETF	New	0.06%	+0.06
TBIL F/M US Treasury 3 Month Bill	New	0.06%	+0.06
IJH iShares Core S&P Midcap ETF	Add +93.6%	0.09%	+0.05
IEFA iShares Core MSCI Eafe ETF	Add +13.8%	0.12%	+0.03
NVDA Nvidia Corp.	New	0.03%	+0.03
GLD SPDR Gold Shares	Add +39.9%	0.04%	+0.02
BRK.B Berkshire Hathaway Inc. Class B	Add +15.2%	0.06%	+0.01
GOOGL Alphabet Inc. Class A	Add +19.5%	0.04%	+0.01
AVUS Avantis U.S. Equity ETF	Add +20.5%	0.03%	+0.01
IGIB iShares 5-10Y Inv Grade Corp.	Add +3.7%	0.04%	+0.01

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