Tandem Capital Management Corp.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Tandem Capital Management Corp. reported 115 stock positions worth $219.8 million. Its top holding was Microsoft (MSFT) at 5.2% of the portfolio, followed by General Electric (GE, 4.8%) and Alphabet Class A (GOOGL, 4.7%). Compared with Q3 2025, it opened 4 new positions, sold out of 7, added to 39 and reduced 39. The biggest buy was Alphabet Class A (GOOGL, shares +0%) and the biggest sale Microsoft (MSFT, shares −4%).

Most Recent 13F
Q2 2026
Location
WOODCLIFF LAKE, NJ
CIK
0000873759
Portfolio Value
$219.8M (Q4 2025)
SEC Filing
0000873759-26-000001 ↗ filed Jan 23, 2026

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 Q1 2025 Q2 2025: $197.6M Q2 2025 Q3 2025: $214.8M Q3 2025 Q4 2025: $219.8M $219.8M Q4 2025 Q1 2026: $199.7M Q1 2026 Q2 2026: $237.8M Q2 2026

Holdings 115 stocks · $219.8M
MSFT Microsoft Corp. 5.16% 23,455 $11.3M Reduce -3.6%
GE General Electric filed as GE AEROSPACE 4.75% 33,909 $10.4M Reduce -1.1%
GOOGL Alphabet Inc. Class A 4.71% 33,048 $10.3M Add +0.1%
BNT Brookfield Wealth Solutions 3.23% 154,562 $7.1M Reduce -3.8%
META Meta Platforms Inc. Class A 2.82% 9,408 $6.2M Reduce -0.2%
GEV GE Vernova Inc. 2.78% 9,354 $6.1M Reduce -4.4%
AAPL Apple Inc. 2.47% 20,003 $5.4M Reduce -2.2%
GOOG Alphabet Inc. Class C 2.45% 17,135 $5.4M Reduce -0.6%
JPM JPMorgan Chase & Co. 2.41% 16,412 $5.3M Reduce -0.3%
SYK Stryker Corp. 2.33% 14,592 $5.1M Reduce -1.3%
BSX Boston Scientific Corp. 2.29% 52,690 $5.0M Reduce -0.1%
SCHW Schwab (charles) Corp. 2.24% 49,262 $4.9M Reduce -0.1%
QCOM Qualcomm Inc. 2.16% 27,707 $4.7M Add +3.6%
JLL Jones Lang Lasalle Inc. 2.08% 13,622 $4.6M No change
AMAT Applied Materials Inc. 2.02% 17,241 $4.4M Reduce -4.9%
ETN Eaton Corp. PLC 1.98% 13,699 $4.4M Reduce -0.4%
BABA Alibaba Group Holding-SP ADR 1.73% 25,949 $3.8M Reduce -0.1%
ABT Abbott Laboratories 1.71% 29,943 $3.8M No change
UBER Uber Technologies Inc. 1.66% 44,741 $3.7M Add +0.5%
DHR Danaher Corp. 1.64% 15,764 $3.6M Add +6.8%
BA The Boeing Co. 1.57% 15,890 $3.5M Add +7.7%
GEHC GE Healthcare Technology 1.52% 40,831 $3.3M Add +4.3%
MRVL Marvell Technology Inc. 1.45% 37,577 $3.2M Reduce -1.0%
SLG SL Green Realty Corp. 1.42% 67,818 $3.1M Add +13.7%
ELV Elevance Health Inc. 1.31% 8,210 $2.9M Add +1.4%
VIG Vanguard Dividend Apprec ETF 1.21% 12,144 $2.7M Add +0.0%
BN Brookfield Corp. 1.18% 56,485 $2.6M Reduce -0.5%
LHX L3HARRIS Technologies Inc. 1.14% 8,532 $2.5M Add +2.1%
PLD Prologis Inc. 1.10% 18,903 $2.4M Add +0.2%
COF Capital One Financial Corp. 1.09% 9,870 $2.4M Add +42.1%
CVS CVS Health Corp. 1.08% 30,018 $2.4M No change
AMZN Amazon.com Inc. 1.07% 10,157 $2.3M Add +4.3%
MSI Motorola Solutions Inc. 0.98% 5,645 $2.2M Add +33.4%
AVAV Aerovironment Inc. 0.97% 8,857 $2.1M Add +9.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.93% 4,204 $2.1M Add +0.6%
WM Waste Management Inc. 0.93% 9,311 $2.0M Add +41.4%
BRK.B Berkshire Hathaway Inc. Class B 0.93% 4,046 $2.0M Add +5.2%
CSL Carlisle Cos Inc. 0.91% 6,256 $2.0M Add +75.2%
BBUC Brookfield Business Class A 0.90% 55,078 $2.0M No change
BAM Brookfield Asset Mgmt-A 0.88% 37,064 $1.9M Reduce -2.1%
HD Home Depot Inc. 0.85% 5,462 $1.9M Add +16.5%
RRX Regal Rexnord Corp. 0.83% 13,069 $1.8M Reduce -6.1%
PEP Pepsico Inc. 0.67% 10,309 $1.5M Reduce -2.2%
PANW Palo Alto Networks Inc. 0.66% 7,870 $1.4M Add +11.7%
MS Morgan Stanley 0.64% 7,916 $1.4M New
UNP Union Pacific Corp. 0.64% 6,053 $1.4M Reduce -9.2%
ISRG Intuitive Surgical Inc. 0.61% 2,380 $1.3M Add +23.3%
BIP Brookfield Infrastructure Pa 0.61% 38,430 $1.3M Reduce -6.5%
NVDA Nvidia Corp. 0.60% 7,088 $1.3M Reduce -13.7%
FTV Fortive Corp. 0.59% 23,361 $1.3M Reduce -9.8%
SMH Vaneck Semiconductor ETF 0.57% 3,480 $1.3M No change
SPHQ Invesco S&P 500 Quality ETF 0.56% 16,435 $1.2M Add +5.1%
PHR Phreesia Inc. 0.56% 72,283 $1.2M Reduce -4.7%
AVGO Broadcom Inc. 0.54% 3,405 $1.2M Add +1.3%
CRWD CrowdStrike Holdings Inc. Class A 0.52% 2,452 $1.1M No change
PM Philip Morris International 0.51% 6,979 $1.1M No change
IWB iShares Russell 1000 ETF 0.49% 2,895 $1.1M No change
ASML ASML Holding NV-NY Reg SHS 0.48% 980 $1.0M No change
BBU Brookfield Business PT-Unit 0.47% 29,567 $1.0M No change
IGM iShares Expanded Tech Sector 0.45% 7,715 $996K Add +1.6%
VTI VG Morningstar TS MKT ETF-US 0.45% 2,949 $989K No change
FCNCA First Citizens Bcshs Class A 0.43% 437 $938K No change
IVV iShares Core S&P 500 ETF 0.43% 1,366 $936K Add +12.8%
FBCG Fidelity Blue Chip Grow ETF 0.42% 16,985 $931K Add +3.0%
PPLI People Inc. filed as IAC INC 0.42% 23,458 $917K Reduce -28.1%
VTR Ventas Inc. 0.42% 11,820 $915K Reduce -4.1%
FHLC Fidelity MSCI Health Care 0.41% 12,212 $907K Reduce -2.5%
LRCX Lam Research Corp. 0.40% 5,100 $873K No change
V Visa Inc. Class A 0.39% 2,437 $855K No change
NEE Nextera Energy Inc. 0.38% 10,540 $846K Add +1.4%
GTLS Chart Industries Inc. 0.38% 4,035 $832K No change
FIGS Figs Inc. Class A 0.35% 68,050 $773K No change
BRK.A Berkshire Hathaway Inc. Class A 0.34% 1 $755K No change
PYPL PayPal Holdings Inc. 0.34% 12,753 $745K Reduce -1.1%
PAVE Global X US Infrastructure 0.33% 14,970 $715K Add +7.2%
FTEC Fidelity MSCI Info Tech Indx 0.32% 3,137 $705K No change
FDVV Fidelity High Dividend ETF 0.30% 11,645 $660K Add +8.4%
SPYG SS SPDR P S&P 500 Growth ETF 0.29% 5,975 $638K Add +4.3%
ARGX Argenx SE - ADR 0.29% 755 $635K Reduce -8.7%
FNDA Schwab Fndmntl US SM Co. ETF 0.27% 18,790 $592K No change
GRID First TRST Nasd Class Edg Sgiif 0.27% 3,850 $589K New
ENB Enbridge Inc. 0.27% 12,253 $586K Add +18.4%
GRPM Invesco S&P Midcap 400 Garp 0.26% 4,815 $578K Add +1.3%
DIVB iShares Core Dividend ETF 0.26% 10,635 $565K Reduce -0.9%
ALAB Astera Labs Inc. 0.24% 3,160 $526K Add +63.3%
IWF iShares Russell 1000 Growth 0.23% 1,088 $515K No change
LMT Lockheed Martin Corp. 0.22% 1,000 $484K Add +2.0%
RBLX Roblox Corp. Class A 0.21% 5,600 $454K New
VOO Vanguard S&P 500 ETF 0.19% 673 $422K No change
QQQ Invesco QQQ Trust Series 1 0.18% 653 $401K Add +3.2%
APD Air Products & Chemicals Inc. 0.18% 1,590 $393K Reduce -7.0%
STNE Stoneco Ltd. Class A 0.18% 26,534 $392K Reduce -11.1%
DGRO iShares Core Dividend Growth 0.18% 5,606 $389K Reduce -0.1%
CRM Salesforce Inc. 0.18% 1,465 $388K Reduce -47.3%
ADP Automatic Data Processing 0.17% 1,474 $379K No change
BIPC Brookfield Infrastructure-A 0.15% 7,456 $339K Reduce -2.2%
XP XP Inc. Class A 0.15% 20,203 $331K Add +25.9%
GS Goldman Sachs Group Inc. 0.14% 361 $317K Reduce -21.7%
ITOT iShares Core S&P Total U.S. 0.14% 2,012 $299K No change
ZTS Zoetis Inc. 0.13% 2,352 $296K New
RTX RTX Corp. 0.13% 1,514 $278K No change
VNQ Vanguard Real Estate ETF 0.13% 3,122 $276K No change
TY Tri-Continental Corp. 0.12% 8,300 $271K No change
STLD Steel Dynamics Inc. 0.12% 1,550 $263K No change
FEZ State Street SPDR Euro Stoxx 0.11% 3,875 $250K Add +6.0%
PG The Procter & Gamble Co. 0.11% 1,716 $246K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.11% 505 $243K No change
VRSK Verisk Analytics Inc. 0.11% 1,074 $240K Reduce -13.7%
SHEL Shell PLC-ADR 0.11% 3,250 $239K No change
NEM Newmont Corp. 0.11% 2,390 $239K No change
SLB SLB Ltd. filed as SLB LIMITED 0.11% 6,193 $238K Reduce -82.5%
FNCL Fidelity MSCI Financial Indx 0.10% 2,965 $230K Add +12.5%
IVW iShares S&P 500 Growth ETF 0.10% 1,853 $228K No change
IWD iShares Russell 1000 Value E 0.10% 1,055 $222K No change
MCD McDonald's Corp. 0.09% 675 $206K Reduce -6.9%

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -3.6% 5.16% −0.71
SLB SLB Ltd. Reduce -82.5% 0.11% −0.46
BABA Alibaba Group Holding-SP ADR Reduce -0.1% 1.73% −0.43
ETN Eaton Corp. PLC Reduce -0.4% 1.98% −0.41
META Meta Platforms Inc. Class A Reduce -0.2% 2.82% −0.40
PHR Phreesia Inc. Reduce -4.7% 0.56% −0.27
SYK Stryker Corp. Reduce -1.3% 2.33% −0.21
BNT Brookfield Wealth Solutions Reduce -3.8% 3.23% −0.18
ALB Albemarle Corp. Sold out 0.00% −0.17
AMD Advanced Micro Devices Sold out 0.00% −0.15
CRM Salesforce Inc. Reduce -47.3% 0.18% −0.13
AVTR Avantor Inc. Sold out 0.00% −0.12
BAM Brookfield Asset Mgmt-A Reduce -2.1% 0.88% −0.12
BSX Boston Scientific Corp. Reduce -0.1% 2.29% −0.11
NVDA Nvidia Corp. Reduce -13.7% 0.60% −0.11
VZ Verizon Communications Inc. Sold out 0.00% −0.11
MA Mastercard Inc. Class A Sold out 0.00% −0.10
PPLI People Inc. Reduce -28.1% 0.42% −0.10
UNP Union Pacific Corp. Reduce -9.2% 0.64% −0.10
RELX Relx PLC - Spon ADR Sold out 0.00% −0.10
RRX Regal Rexnord Corp. Reduce -6.1% 0.83% −0.09
SO The Southern Co. Sold out 0.00% −0.09
STNE Stoneco Ltd. Class A Reduce -11.1% 0.18% −0.08
PYPL PayPal Holdings Inc. Reduce -1.1% 0.34% −0.06
GE General Electric Reduce -1.1% 4.75% −0.05
APD Air Products & Chemicals Inc. Reduce -7.0% 0.18% −0.04
VRSK Verisk Analytics Inc. Reduce -13.7% 0.11% −0.04
MRVL Marvell Technology Inc. Reduce -1.0% 1.45% −0.03
BN Brookfield Corp. Reduce -0.5% 1.18% −0.03
GS Goldman Sachs Group Inc. Reduce -21.7% 0.14% −0.03
BIP Brookfield Infrastructure Pa Reduce -6.5% 0.61% −0.02
GEV GE Vernova Inc. Reduce -4.4% 2.78% −0.02
PEP Pepsico Inc. Reduce -2.2% 0.67% −0.02
JPM JPMorgan Chase & Co. Reduce -0.3% 2.41% −0.01
MCD McDonald's Corp. Reduce -6.9% 0.09% −0.01
DIVB iShares Core Dividend ETF Reduce -0.9% 0.26% −0.00
FTV Fortive Corp. Reduce -9.8% 0.59% −0.00
DGRO iShares Core Dividend Growth Reduce -0.1% 0.18% −0.00
ARGX Argenx SE - ADR Reduce -8.7% 0.29% +0.00
BIPC Brookfield Infrastructure-A Reduce -2.2% 0.15% +0.01
VTR Ventas Inc. Reduce -4.1% 0.42% +0.01
FHLC Fidelity MSCI Health Care Reduce -2.5% 0.41% +0.02
SCHW Schwab (charles) Corp. Reduce -0.1% 2.24% +0.05
AAPL Apple Inc. Reduce -2.2% 2.47% +0.05
AMAT Applied Materials Inc. Reduce -4.9% 2.02% +0.29
GOOG Alphabet Inc. Class C Reduce -0.6% 2.45% +0.49

Portfolio Buys Q3 2025 → Q4 2025
GOOGL Alphabet Inc. Class A Add +0.1% 4.71% +0.97
MS Morgan Stanley New 0.64% +0.64
COF Capital One Financial Corp. Add +42.1% 1.09% +0.40
CSL Carlisle Cos Inc. Add +75.2% 0.91% +0.36
DHR Danaher Corp. Add +6.8% 1.64% +0.28
GRID First TRST Nasd Class Edg Sgiif New 0.27% +0.27
WM Waste Management Inc. Add +41.4% 0.93% +0.25
ISRG Intuitive Surgical Inc. Add +23.3% 0.61% +0.21
RBLX Roblox Corp. Class A New 0.21% +0.21
GEHC GE Healthcare Technology Add +4.3% 1.52% +0.15
ZTS Zoetis Inc. New 0.13% +0.13
PLD Prologis Inc. Add +0.2% 1.10% +0.09
ELV Elevance Health Inc. Add +1.4% 1.31% +0.09
BA The Boeing Co. Add +7.7% 1.57% +0.09
QCOM Qualcomm Inc. Add +3.6% 2.16% +0.09
MSI Motorola Solutions Inc. Add +33.4% 0.98% +0.08
AMZN Amazon.com Inc. Add +4.3% 1.07% +0.07
ALAB Astera Labs Inc. Add +63.3% 0.24% +0.06
IVV iShares Core S&P 500 ETF Add +12.8% 0.43% +0.05
SPHQ Invesco S&P 500 Quality ETF Add +5.1% 0.56% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +5.2% 0.93% +0.02
ENB Enbridge Inc. Add +18.4% 0.27% +0.02
FDVV Fidelity High Dividend ETF Add +8.4% 0.30% +0.02
AVGO Broadcom Inc. Add +1.3% 0.54% +0.02
NEE Nextera Energy Inc. Add +1.4% 0.38% +0.02
PAVE Global X US Infrastructure Add +7.2% 0.33% +0.02
FBCG Fidelity Blue Chip Grow ETF Add +3.0% 0.42% +0.01
SPYG SS SPDR P S&P 500 Growth ETF Add +4.3% 0.29% +0.01
FNCL Fidelity MSCI Financial Indx Add +12.5% 0.10% +0.01
XP XP Inc. Class A Add +25.9% 0.15% +0.01
IGM iShares Expanded Tech Sector Add +1.6% 0.45% +0.01
FEZ State Street SPDR Euro Stoxx Add +6.0% 0.11% +0.01
QQQ Invesco QQQ Trust Series 1 Add +3.2% 0.18% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +0.6% 0.93% +0.00
GRPM Invesco S&P Midcap 400 Garp Add +1.3% 0.26% −0.00
VIG Vanguard Dividend Apprec ETF Add +0.0% 1.21% −0.01
LMT Lockheed Martin Corp. Add +2.0% 0.22% −0.01
PANW Palo Alto Networks Inc. Add +11.7% 0.66% −0.01
HD Home Depot Inc. Add +16.5% 0.85% −0.03
LHX L3HARRIS Technologies Inc. Add +2.1% 1.14% −0.05
AVAV Aerovironment Inc. Add +9.7% 0.97% −0.21
SLG SL Green Realty Corp. Add +13.7% 1.42% −0.25
UBER Uber Technologies Inc. Add +0.5% 1.66% −0.37

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