Tandem Capital Management Corp.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Tandem Capital Management Corp. reported 113 stock positions worth $179.0 million. Its top holding was Microsoft (MSFT) at 5.1% of the portfolio, followed by General Electric (GE, 4.4%) and Alphabet Class A (GOOGL, 3.4%). Compared with Q4 2024, it opened 5 new positions, sold out of 4, added to 30 and reduced 43. The biggest buy was Alibaba Group Holding-SP ADR (BABA, shares +1%) and the biggest sale Apple (AAPL, shares −13%).

Most Recent 13F
Q2 2026
Location
WOODCLIFF LAKE, NJ
CIK
0000873759
Portfolio Value
$179.0M (Q1 2025)
SEC Filing
0000873759-25-000002 ↗ filed Apr 22, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $176.3M Q1 2024 Q2 2024: $182.5M Q2 2024 Q3 2024: $189.9M Q3 2024 Q4 2024: $186.8M Q4 2024 Q1 2025: $179.0M $179.0M Q1 2025 Q2 2025: $197.6M Q2 2025 Q3 2025: $214.8M Q3 2025 Q4 2025: $219.8M Q4 2025 Q1 2026: $199.7M Q1 2026 Q2 2026: $237.8M Q2 2026

Holdings 113 stocks · $179.0M
MSFT Microsoft Corp. 5.06% 24,139 $9.1M Reduce -0.5%
GE General Electric filed as GE AEROSPACE 4.39% 39,282 $7.9M Reduce -1.4%
GOOGL Alphabet Inc. Class A 3.43% 39,673 $6.1M Reduce -0.4%
BNT Brookfield Wealth Solutions 3.16% 108,234 $5.6M No change
SYK Stryker Corp. 3.11% 14,935 $5.6M Reduce -0.3%
META Meta Platforms Inc. Class A 3.08% 9,576 $5.5M Reduce -8.7%
BSX Boston Scientific Corp. 3.03% 53,704 $5.4M Reduce -1.5%
AAPL Apple Inc. 2.74% 22,038 $4.9M Reduce -12.7%
JPM JPMorgan Chase & Co. 2.27% 16,595 $4.1M Add +0.3%
ABT Abbott Laboratories 2.24% 30,234 $4.0M Reduce -0.4%
QCOM Qualcomm Inc. 2.23% 25,997 $4.0M Reduce -3.6%
SCHW Schwab (charles) Corp. 2.17% 49,551 $3.9M No change
ETN Eaton Corp. PLC 2.09% 13,772 $3.7M Add +2.3%
BABA Alibaba Group Holding-SP ADR 1.93% 26,150 $3.5M Add +1.4%
SLG SL Green Realty Corp. 1.92% 59,675 $3.4M Reduce -0.4%
GEV GE Vernova Inc. 1.92% 11,235 $3.4M Reduce -2.2%
JLL Jones Lang Lasalle Inc. 1.89% 13,662 $3.4M Reduce -0.3%
ELV Elevance Health Inc. 1.83% 7,548 $3.3M Reduce -1.5%
UBER Uber Technologies Inc. 1.81% 44,439 $3.2M Reduce -2.2%
GOOG Alphabet Inc. Class C 1.72% 19,724 $3.1M No change
DHR Danaher Corp. 1.69% 14,742 $3.0M Add +0.2%
AMAT Applied Materials Inc. 1.49% 18,358 $2.7M Add +0.1%
BA The Boeing Co. 1.36% 14,236 $2.4M Add +3.0%
VIG Vanguard Dividend Apprec ETF 1.34% 12,365 $2.4M Reduce -2.5%
MRVL Marvell Technology Inc. 1.27% 37,009 $2.3M Add +0.8%
GEHC GE Healthcare Technology 1.26% 27,906 $2.3M Reduce -1.1%
BN Brookfield Corp. 1.20% 40,939 $2.1M Add +3.5%
PLD Prologis Inc. 1.17% 18,756 $2.1M Add +0.4%
CVS CVS Health Corp. 1.14% 30,013 $2.0M Add +34.5%
FTV Fortive Corp. 1.13% 27,557 $2.0M Add +0.6%
GM General Motors Co. 1.07% 40,681 $1.9M Add +0.3%
BAM Brookfield Asset Mgmt-A 1.06% 39,076 $1.9M Reduce -0.1%
UNP Union Pacific Corp. 1.03% 7,834 $1.9M Reduce -0.8%
BRK.B Berkshire Hathaway Inc. Class B 1.01% 3,378 $1.8M Reduce -0.3%
PEP Pepsico Inc. 0.99% 11,784 $1.8M Reduce -13.6%
HD Home Depot Inc. 0.96% 4,709 $1.7M Add +6.4%
SHEL Shell PLC-ADR 0.96% 23,374 $1.7M Reduce -1.5%
AMZN Amazon.com Inc. 0.93% 8,710 $1.7M Reduce -1.5%
LHX L3HARRIS Technologies Inc. 0.92% 7,877 $1.6M Reduce -4.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.88% 37,460 $1.6M Reduce -0.2%
PPLI People Inc. filed as IAC INC 0.87% 34,040 $1.6M Reduce -23.3%
WM Waste Management Inc. 0.86% 6,614 $1.5M Add +0.7%
RRX Regal Rexnord Corp. 0.84% 13,174 $1.5M Add +0.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.83% 3,994 $1.5M Add +2.6%
BBUC Brookfield Business Class A 0.82% 55,453 $1.5M Reduce -2.9%
BIP Brookfield Infrastructure Pa 0.70% 41,787 $1.2M Reduce -1.5%
C Citigroup Inc. 0.69% 17,487 $1.2M Add +6.3%
PM Philip Morris International 0.62% 7,039 $1.1M Reduce -48.8%
PANW Palo Alto Networks Inc. 0.62% 6,520 $1.1M Add +3.2%
FDX FedEx Corp. 0.58% 4,251 $1.0M No change
SPHQ Invesco S&P 500 Quality ETF 0.56% 14,975 $993K Add +4.3%
CSL Carlisle Cos Inc. 0.55% 2,913 $992K New
AVAV Aerovironment Inc. 0.54% 8,124 $968K Add +21.9%
PYPL PayPal Holdings Inc. 0.51% 13,895 $907K Add +44.9%
CRWD CrowdStrike Holdings Inc. Class A 0.50% 2,547 $898K Reduce -1.0%
IWB iShares Russell 1000 ETF 0.50% 2,895 $888K No change
FHLC Fidelity MSCI Health Care 0.48% 12,532 $856K Reduce -4.1%
V Visa Inc. Class A 0.48% 2,437 $854K No change
VTR Ventas Inc. 0.47% 12,320 $847K No change
NVDA Nvidia Corp. 0.47% 7,810 $846K Reduce -15.7%
FCNCA First Citizens Bcshs Class A 0.45% 439 $814K No change
VTI VG Morningstar TS MKT ETF-US 0.45% 2,959 $813K No change
BRK.A Berkshire Hathaway Inc. Class A 0.45% 1 $798K No change
SMH Vaneck Semiconductor ETF 0.41% 3,480 $736K No change
CRM Salesforce Inc. 0.39% 2,633 $707K Add +25.4%
NEE Nextera Energy Inc. 0.39% 9,820 $696K Add +3.5%
BBU Brookfield Business PT-Unit 0.39% 29,670 $696K Reduce -1.7%
IGM iShares Expanded Tech Sector 0.38% 7,525 $682K Add +4.2%
IVV iShares Core S&P 500 ETF 0.38% 1,211 $680K No change
FBCG Fidelity Blue Chip Grow ETF 0.37% 16,355 $654K Reduce -0.2%
PAVE Global X US Infrastructure 0.34% 16,070 $606K No change
ASML ASML Holding NV-NY Reg SHS 0.34% 905 $600K No change
GTLS Chart Industries Inc. 0.33% 4,075 $588K Reduce -1.2%
DIVB iShares Core Dividend ETF 0.29% 10,825 $525K Add +5.0%
FTEC Fidelity MSCI Info Tech Indx 0.29% 3,237 $522K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.29% 19,050 $522K Reduce -13.1%
ALB Albemarle Corp. 0.29% 7,143 $514K Reduce -18.5%
GRPM Invesco S&P Midcap 400 Garp 0.28% 4,840 $507K No change
FDVV Fidelity High Dividend ETF 0.27% 9,575 $475K Add +1.1%
SPYG SS SPDR P S&P 500 Growth ETF 0.26% 5,795 $466K No change
ADP Automatic Data Processing 0.26% 1,521 $465K No change
AVTR Avantor Inc. 0.26% 28,594 $464K Reduce -22.0%
ENB Enbridge Inc. 0.26% 10,453 $463K No change
AVUV Avantis US Small Cap Value 0.24% 4,870 $425K Add +0.8%
LMT Lockheed Martin Corp. 0.23% 935 $418K No change
AVGO Broadcom Inc. 0.23% 2,480 $415K Add +163.8%
IWF iShares Russell 1000 Growth 0.22% 1,088 $393K No change
APD Air Products & Chemicals Inc. 0.22% 1,310 $386K No change
DGRO iShares Core Dividend Growth 0.21% 6,011 $371K No change
LRCX Lam Research Corp. 0.21% 5,100 $371K No change
VRSK Verisk Analytics Inc. 0.21% 1,244 $370K No change
FIGS Figs Inc. Class A 0.21% 80,530 $370K Reduce -10.8%
VOO Vanguard S&P 500 ETF 0.19% 671 $345K No change
STNE Stoneco Ltd. Class A 0.19% 32,362 $339K Reduce -12.5%
THS Treehouse Foods Inc. 0.17% 11,110 $301K New
PG The Procter & Gamble Co. 0.17% 1,766 $301K No change
BIPC Brookfield Infrastructure-A 0.16% 8,011 $290K No change
QQQ Invesco QQQ Trust Series 1 0.16% 603 $283K Reduce -47.9%
VNQ Vanguard Real Estate ETF 0.16% 3,110 $282K No change
GS Goldman Sachs Group Inc. 0.15% 476 $260K Add +5.5%

Show all 113 holdings

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -12.7% 2.74% −0.65
GOOGL Alphabet Inc. Class A Reduce -0.4% 3.43% −0.61
MSFT Microsoft Corp. Reduce -0.5% 5.06% −0.41
CMCSA Comcast Corp. Class A Sold out 0.00% −0.41
PM Philip Morris International Reduce -48.8% 0.62% −0.26
SLG SL Green Realty Corp. Reduce -0.4% 1.92% −0.25
META Meta Platforms Inc. Class A Reduce -8.7% 3.08% −0.20
NVDA Nvidia Corp. Reduce -15.7% 0.47% −0.19
QQQ Invesco QQQ Trust Series 1 Reduce -47.9% 0.16% −0.16
AVTR Avantor Inc. Reduce -22.0% 0.26% −0.15
PPLI People Inc. Reduce -23.3% 0.87% −0.15
XLI SS Industrial Select Sector Sold out 0.00% −0.13
ON On Semiconductor Sold out 0.00% −0.13
PEP Pepsico Inc. Reduce -13.6% 0.99% −0.12
ENPH Enphase Energy Inc. Reduce -48.0% 0.11% −0.12
ALB Albemarle Corp. Reduce -18.5% 0.29% −0.12
AMZN Amazon.com Inc. Reduce -1.5% 0.93% −0.11
GEV GE Vernova Inc. Reduce -2.2% 1.92% −0.11
F Ford Motor Co. Sold out 0.00% −0.10
FIGS Figs Inc. Class A Reduce -10.8% 0.21% −0.09
GTLS Chart Industries Inc. Reduce -1.2% 0.33% −0.09
BAM Brookfield Asset Mgmt-A Reduce -0.1% 1.06% −0.08
FNDA Schwab Fndmntl US SM Co. ETF Reduce -13.1% 0.29% −0.06
FBCG Fidelity Blue Chip Grow ETF Reduce -0.2% 0.37% −0.04
BIP Brookfield Infrastructure Pa Reduce -1.5% 0.70% −0.03
LHX L3HARRIS Technologies Inc. Reduce -4.6% 0.92% −0.01
SPGI S&P Global Inc. Reduce -1.8% 0.13% +0.01
VIG Vanguard Dividend Apprec ETF Reduce -2.5% 1.34% +0.01
BBU Brookfield Business PT-Unit Reduce -1.7% 0.39% +0.01
QCOM Qualcomm Inc. Reduce -3.6% 2.23% +0.01
XP XP Inc. Class A Reduce -1.8% 0.12% +0.02
FHLC Fidelity MSCI Health Care Reduce -4.1% 0.48% +0.02
CRWD CrowdStrike Holdings Inc. Class A Reduce -1.0% 0.50% +0.03
STNE Stoneco Ltd. Class A Reduce -12.5% 0.19% +0.03
JLL Jones Lang Lasalle Inc. Reduce -0.3% 1.89% +0.04
UNP Union Pacific Corp. Reduce -0.8% 1.03% +0.07
GEHC GE Healthcare Technology Reduce -1.1% 1.26% +0.08
BBUC Brookfield Business Class A Reduce -2.9% 0.82% +0.08
SLB SLB Ltd. Reduce -0.2% 0.88% +0.10
SHEL Shell PLC-ADR Reduce -1.5% 0.96% +0.16
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.3% 1.01% +0.18
SYK Stryker Corp. Reduce -0.3% 3.11% +0.22
ELV Elevance Health Inc. Reduce -1.5% 1.83% +0.32
UBER Uber Technologies Inc. Reduce -2.2% 1.81% +0.34
ABT Abbott Laboratories Reduce -0.4% 2.24% +0.40
BSX Boston Scientific Corp. Reduce -1.5% 3.03% +0.42
GE General Electric Reduce -1.4% 4.39% +0.84

Portfolio Buys Q4 2024 → Q1 2025
BABA Alibaba Group Holding-SP ADR Add +1.4% 1.93% +0.76
CVS CVS Health Corp. Add +34.5% 1.14% +0.60
CSL Carlisle Cos Inc. New 0.55% +0.55
THS Treehouse Foods Inc. New 0.17% +0.17
JPM JPMorgan Chase & Co. Add +0.3% 2.27% +0.15
WM Waste Management Inc. Add +0.7% 0.86% +0.15
NEM Newmont Corp. New 0.12% +0.12
AVGO Broadcom Inc. Add +163.8% 0.23% +0.12
SO The Southern Co. New 0.11% +0.11
PLD Prologis Inc. Add +0.4% 1.17% +0.11
RTX RTX Corp. New 0.11% +0.11
C Citigroup Inc. Add +6.3% 0.69% +0.07
PYPL PayPal Holdings Inc. Add +44.9% 0.51% +0.07
BA The Boeing Co. Add +3.0% 1.36% +0.05
HD Home Depot Inc. Add +6.4% 0.96% +0.04
SPHQ Invesco S&P 500 Quality ETF Add +4.3% 0.56% +0.04
DIVB iShares Core Dividend ETF Add +5.0% 0.29% +0.03
FTV Fortive Corp. Add +0.6% 1.13% +0.03
NEE Nextera Energy Inc. Add +3.5% 0.39% +0.03
CRM Salesforce Inc. Add +25.4% 0.39% +0.02
FDVV Fidelity High Dividend ETF Add +1.1% 0.27% +0.01
GS Goldman Sachs Group Inc. Add +5.5% 0.15% +0.01
PANW Palo Alto Networks Inc. Add +3.2% 0.62% +0.01
AVAV Aerovironment Inc. Add +21.9% 0.54% −0.01
AVUV Avantis US Small Cap Value Add +0.8% 0.24% −0.01
IGM iShares Expanded Tech Sector Add +4.2% 0.38% −0.01
AMD Advanced Micro Devices Add +2.6% 0.15% −0.01
BN Brookfield Corp. Add +3.5% 1.20% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Add +2.6% 0.83% −0.03
GM General Motors Co. Add +0.3% 1.07% −0.09
AMAT Applied Materials Inc. Add +0.1% 1.49% −0.11
DHR Danaher Corp. Add +0.2% 1.69% −0.12
RRX Regal Rexnord Corp. Add +0.4% 0.84% −0.25
ETN Eaton Corp. PLC Add +2.3% 2.09% −0.30
MRVL Marvell Technology Inc. Add +0.8% 1.27% −0.90

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 118$237.8MGE, GOOGL, AMAT, GEV, MRVL
Q1 2026 110$199.7MGE, GOOGL, MSFT, GEV, BNT
Q4 2025 115$219.8MMSFT, GE, GOOGL, BNT, META
Q3 2025 118$214.8MMSFT, GE, GOOGL, BNT, META
Q2 2025 112$197.6MMSFT, GE, META, BNT, SYK
Q1 2025 113$179.0MMSFT, GE, GOOGL, BNT, SYK
Q4 2024 112$186.8MMSFT, GOOGL, GE, AAPL, BNT
Q3 2024Amended 115$189.9MMSFT, GE, GOOGL, AAPL, META
Q2 2024 112$182.5MMSFT, GOOGL, GE, AAPL, QCOM
Q1 2024 109$176.3MMSFT, GE, GOOGL, SYK, META