Tandem Investment Advisors, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Tandem Investment Advisors, Inc. reported 84 stock positions worth $2.6 billion. Its top holding was Cboe Global Markets (CBOE) at 6.1% of the portfolio, followed by Visa Class A (V, 4.9%) and Intercontinental Exchange (ICE, 4.6%). Compared with Q3 2024, it opened 7 new positions, sold out of 10, added to 36 and reduced 38. The biggest buy was Genpact (G, shares +391%) and the biggest sale Brown-Forman Class B (BF.B, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLESTON, SC
- CIK
- 0001694284
- Portfolio Value
- $2.6B (Q4 2024)
- SEC Filing
- 0001694284-25-000003 ↗ filed Feb 3, 2025
Holdings Value
Holdings 84 stocks · $2.6B
| CBOE Cboe Global Markets Inc. | 6.15% | 830,847 | $162.3M | Add +2.5% |
| V Visa Inc. Class A | 4.91% | 410,484 | $129.7M | Reduce -2.8% |
| ICE Intercontinental Exchange Inc. | 4.60% | 815,688 | $121.5M | Add +9.1% |
| FDS Factset Research Systems Inc. | 4.44% | 244,411 | $117.4M | Reduce -0.9% |
| RMD Resmed Inc. | 4.34% | 501,747 | $114.7M | Add +1.0% |
| ABT Abbott Laboratories | 4.25% | 992,598 | $112.3M | Add +0.0% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 3.76% | 566,822 | $99.4M | Add +12.3% |
| SYK Stryker Corp. | 3.72% | 272,938 | $98.3M | Add +2.6% |
| NEE Nextera Energy Inc. | 3.69% | 1,358,923 | $97.4M | Add +2.6% |
| STE Steris Ltd. | 3.49% | 448,727 | $92.2M | Add +22.8% |
| G Genpact Ltd. | 3.46% | 2,129,915 | $91.5M | Add +390.5% |
| MA Mastercard Inc. Class A | 3.38% | 169,423 | $89.2M | Reduce -1.0% |
| CMCSA Comcast Corp. Class A | 3.25% | 2,289,321 | $85.9M | Add +0.1% |
| ACN Accenture PLC Class A | 3.24% | 243,054 | $85.5M | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.20% | 200,221 | $84.4M | Reduce -0.5% |
| BDX Becton Dickinson and Co. | 3.16% | 368,351 | $83.6M | Reduce -2.2% |
| APH Amphenol Corp. Class A | 3.06% | 1,164,069 | $80.8M | Reduce -1.9% |
| BRO Brown & Brown Inc. | 2.88% | 746,032 | $76.1M | Add +10.1% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 2.79% | 668,802 | $73.6M | Add +0.2% |
| BLK BlackRock Finance Inc. | 2.79% | 71,807 | $73.6M | Reduce -17.1% |
| WTRG Essential Utilities Inc. | 2.79% | 2,026,707 | $73.6M | Reduce -0.4% |
| JNJ Johnson & Johnson | 2.74% | 500,875 | $72.4M | Reduce -0.8% |
| TRNO Terreno Realty Corp. | 2.42% | 1,081,224 | $63.9M | Add +5.1% |
| WCN Waste Connections Inc. | 2.38% | 366,173 | $62.8M | Add +7.2% |
| CHD Church & Dwight Co. Inc. | 1.96% | 493,626 | $51.7M | Reduce -0.4% |
| ADP Automatic Data Processing | 1.84% | 166,110 | $48.6M | Reduce -1.1% |
| RSG Republic Services Inc. | 1.78% | 233,536 | $47.0M | Add +6.9% |
| VRSK Verisk Analytics Inc. | 1.74% | 167,046 | $46.0M | Add +1.8% |
| EXPD Expeditors Intl Wash Inc. | 1.55% | 369,229 | $40.9M | Add +2.1% |
| COST Costco Wholesale Corp. | 1.42% | 40,928 | $37.5M | Reduce -21.7% |
| ROP Roper Technologies Inc. | 1.29% | 65,535 | $34.1M | Add +3.2% |
| ZTS Zoetis Inc. | 1.22% | 197,537 | $32.2M | New |
| FISV Fiserv Inc. | 0.31% | 40,133 | $8.2M | Add +0.8% |
| ORLY O'reilly Automotive Inc. | 0.23% | 5,128 | $6.1M | Reduce -22.5% |
| ISRG Intuitive Surgical Inc. | 0.20% | 9,954 | $5.2M | Add +1.9% |
| QLYS Qualys Inc. | 0.18% | 33,250 | $4.7M | Add +1.2% |
| TYL Tyler Technologies Inc. | 0.16% | 7,177 | $4.1M | Add +0.2% |
| ANSS Ansys Inc. | 0.15% | 11,527 | $3.9M | Add +1.0% |
| PG The Procter & Gamble Co. | 0.11% | 17,615 | $3.0M | Reduce -2.6% |
| AKAM Akamai Technologies Inc. | 0.11% | 30,096 | $2.9M | Add +0.5% |
| AAPL Apple Inc. | 0.07% | 7,252 | $1.8M | Reduce -3.6% |
| ABBV Abbvie Inc. | 0.07% | 9,767 | $1.7M | Reduce -1.1% |
| WMT Walmart Inc. | 0.06% | 18,543 | $1.7M | Add +7.2% |
| IDXX Idexx Laboratories Inc. | 0.06% | 3,865 | $1.6M | New |
| TFC Truist Financial Corp. | 0.04% | 25,008 | $1.1M | Reduce -27.1% |
| HD Home Depot Inc. | 0.04% | 2,545 | $990K | Reduce -0.7% |
| RY Royal Bank of Canada | 0.03% | 7,051 | $850K | Add +2.2% |
| BX Blackstone Inc. | 0.03% | 4,520 | $779K | No change |
| UNH Unitedhealth Group Inc. | 0.03% | 1,522 | $770K | Add +0.1% |
| FAST Fastenal Co. | 0.03% | 10,016 | $720K | Add +0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.03% | 5,604 | $677K | Reduce -1.9% |
| KO The Coca-Cola Co. | 0.02% | 10,143 | $632K | Add +6.3% |
| JPM JPMorgan Chase & Co. | 0.02% | 2,434 | $583K | Reduce -3.7% |
| SEIC Sei Investments Company | 0.02% | 7,012 | $578K | Reduce -22.0% |
| BERKSHIRE HATHAWAY INC | 0.02% | 1,118 | $507K | Reduce -7.5% |
| AMZN Amazon.com Inc. | 0.02% | 2,279 | $500K | Reduce -14.0% |
| EXLS Exlservice Holdings Inc. | 0.01% | 8,742 | $388K | Reduce -2.9% |
| QDEL Quidelortho Corp. | 0.01% | 8,460 | $377K | No change |
| MO Altria Group Inc. | 0.01% | 5,970 | $312K | Add +0.8% |
| BF.B Brown-Forman Corp. Class B | 0.01% | 7,911 | $300K | Reduce -99.3% |
| GOOG Google LLC Class C filed as ALPHABET INC CLASS C | 0.01% | 1,558 | $297K | Reduce -13.3% |
| GOOGLE LLC-CL A | 0.01% | 1,546 | $293K | Reduce -35.0% |
| INTU Intuit Inc. | 0.01% | 441 | $277K | Reduce -0.2% |
| DD Dupont DE Nemours Inc. | 0.01% | 3,592 | $274K | No change |
| XOM Exxon Mobil Corp. | 0.01% | 2,511 | $270K | Add +14.1% |
| MRK Merck & Co. Inc. | 0.01% | 2,678 | $266K | Reduce -10.4% |
| ECL Ecolab Inc. | 0.01% | 1,117 | $262K | Reduce -0.9% |
| CVX Chevron Corp. | 0.01% | 1,743 | $252K | Reduce -2.8% |
| PEP Pepsico Inc. | 0.01% | 1,635 | $249K | Add +7.8% |
| PM Philip Morris International | 0.01% | 2,004 | $241K | Reduce -1.3% |
| AMGN Amgen Inc. | 0.01% | 909 | $237K | Reduce -45.1% |
| GD General Dynamics Corp. | 0.01% | 876 | $231K | Add +11.2% |
| VSXY Victoria's Secret & Co. | 0.01% | 5,518 | $229K | New |
| MCD McDonald's Corp. | 0.01% | 782 | $227K | Add +9.4% |
| WISCONSIN ENERGY CORP | 0.01% | 2,399 | $226K | Add +1.5% |
| BBWI Bath & Body Works Inc. | 0.01% | 5,550 | $215K | New |
| LMT Lockheed Martin Corp. | 0.01% | 436 | $212K | Add +3.8% |
| CTVA Corteva Inc. | 0.01% | 3,642 | $207K | Reduce -0.9% |
| CW Curtiss-Wright Corp. | 0.01% | 580 | $206K | New |
| AME Ametek Inc. | 0.01% | 1,136 | $205K | New |
| CSCO Cisco Systems Inc. | 0.01% | 3,441 | $204K | New |
| ETN Eaton Corp. PLC | 0.01% | 616 | $204K | Reduce -7.2% |
| UPS United Parcel Service Class B | 0.01% | 1,613 | $203K | Reduce -3.0% |
| ET Energy Transfer LP | 0.01% | 10,171 | $199K | Reduce -17.1% |
Portfolio Sells Q3 2024 → Q4 2024
| BF.B Brown-Forman Corp. Class B | Reduce -99.3% | 0.01% | −2.00 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.38 |
| JNJ Johnson & Johnson | Reduce -0.8% | 2.74% | −0.36 |
| COST Costco Wholesale Corp. | Reduce -21.7% | 1.42% | −0.34 |
| BLK BlackRock Finance Inc. | Reduce -17.1% | 2.79% | −0.33 |
| BDX Becton Dickinson and Co. | Reduce -2.2% | 3.16% | −0.28 |
| WTRG Essential Utilities Inc. | Reduce -0.4% | 2.79% | −0.19 |
| MSFT Microsoft Corp. | Reduce -0.5% | 3.20% | −0.08 |
| HSIC Henry Schein Inc. | Sold out | 0.00% | −0.08 |
| ORLY O'reilly Automotive Inc. | Reduce -22.5% | 0.23% | −0.06 |
| ACN Accenture PLC Class A | Reduce -1.1% | 3.24% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.02 |
| TFC Truist Financial Corp. | Reduce -27.1% | 0.04% | −0.01 |
| NVEE NV5 Global Inc. | Sold out | 0.00% | −0.01 |
| AMGN Amgen Inc. | Reduce -45.1% | 0.01% | −0.01 |
| CHD Church & Dwight Co. Inc. | Reduce -0.4% | 1.96% | −0.01 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.01 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.01 |
| ABBV Abbvie Inc. | Reduce -1.1% | 0.07% | −0.01 |
| GGG Graco Inc. | Sold out | 0.00% | −0.01 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.01 |
| CTAS Cintas Corp. | Sold out | 0.00% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -2.6% | 0.11% | −0.01 |
| GOOGLE LLC-CL A | Reduce -35.0% | 0.01% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -10.4% | 0.01% | −0.00 |
| BERKSHIRE HATHAWAY INC | Reduce -7.5% | 0.02% | −0.00 |
| HD Home Depot Inc. | Reduce -0.7% | 0.04% | −0.00 |
| SEIC Sei Investments Company | Reduce -22.0% | 0.02% | −0.00 |
| ECL Ecolab Inc. | Reduce -0.9% | 0.01% | −0.00 |
| UPS United Parcel Service Class B | Reduce -3.0% | 0.01% | −0.00 |
| ETN Eaton Corp. PLC | Reduce -7.2% | 0.01% | −0.00 |
| CVX Chevron Corp. | Reduce -2.8% | 0.01% | −0.00 |
| CTVA Corteva Inc. | Reduce -0.9% | 0.01% | −0.00 |
| PM Philip Morris International | Reduce -1.3% | 0.01% | −0.00 |
| GOOG Google LLC Class C | Reduce -13.3% | 0.01% | −0.00 |
| ALPHA NATURAL RSRCS ESC | Sold out | 0.00% | 0.00 |
| ET Energy Transfer LP | Reduce -17.1% | 0.01% | +0.00 |
| INTU Intuit Inc. | Reduce -0.2% | 0.01% | +0.00 |
| AMZN Amazon.com Inc. | Reduce -14.0% | 0.02% | +0.00 |
| TJX TJX Companies Inc. | Reduce -1.9% | 0.03% | +0.00 |
| EXLS Exlservice Holdings Inc. | Reduce -2.9% | 0.01% | +0.00 |
| JPM JPMorgan Chase & Co. | Reduce -3.7% | 0.02% | +0.00 |
| AAPL Apple Inc. | Reduce -3.6% | 0.07% | +0.00 |
| ADP Automatic Data Processing | Reduce -1.1% | 1.84% | +0.08 |
| APH Amphenol Corp. Class A | Reduce -1.9% | 3.06% | +0.13 |
| FDS Factset Research Systems Inc. | Reduce -0.9% | 4.44% | +0.14 |
| MA Mastercard Inc. Class A | Reduce -1.0% | 3.38% | +0.18 |
| V Visa Inc. Class A | Reduce -2.8% | 4.91% | +0.51 |
Portfolio Buys Q3 2024 → Q4 2024
| G Genpact Ltd. | Add +390.5% | 3.46% | +2.82 |
| ZTS Zoetis Inc. | New | 1.22% | +1.22 |
| JKHY Jack Henry & Associates Inc. | Add +12.3% | 3.76% | +0.38 |
| BRO Brown & Brown Inc. | Add +10.1% | 2.88% | +0.22 |
| STE Steris Ltd. | Add +22.8% | 3.49% | +0.13 |
| RSG Republic Services Inc. | Add +6.9% | 1.78% | +0.12 |
| SYK Stryker Corp. | Add +2.6% | 3.72% | +0.08 |
| VRSK Verisk Analytics Inc. | Add +1.8% | 1.74% | +0.08 |
| WCN Waste Connections Inc. | Add +7.2% | 2.38% | +0.06 |
| IDXX Idexx Laboratories Inc. | New | 0.06% | +0.06 |
| ICE Intercontinental Exchange Inc. | Add +9.1% | 4.60% | +0.05 |
| FISV Fiserv Inc. | Add +0.8% | 0.31% | +0.04 |
| QLYS Qualys Inc. | Add +1.2% | 0.18% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +1.9% | 0.20% | +0.01 |
| WMT Walmart Inc. | Add +7.2% | 0.06% | +0.01 |
| ANSS Ansys Inc. | Add +1.0% | 0.15% | +0.01 |
| VSXY Victoria's Secret & Co. | New | 0.01% | +0.01 |
| BBWI Bath & Body Works Inc. | New | 0.01% | +0.01 |
| AME Ametek Inc. | New | 0.01% | +0.01 |
| CW Curtiss-Wright Corp. | New | 0.01% | +0.01 |
| CSCO Cisco Systems Inc. | New | 0.01% | +0.01 |
| MO Altria Group Inc. | Add +0.8% | 0.01% | +0.00 |
| XOM Exxon Mobil Corp. | Add +14.1% | 0.01% | +0.00 |
| MCD McDonald's Corp. | Add +9.4% | 0.01% | +0.00 |
| FAST Fastenal Co. | Add +0.2% | 0.03% | +0.00 |
| WISCONSIN ENERGY CORP | Add +1.5% | 0.01% | 0.00 |
| GD General Dynamics Corp. | Add +11.2% | 0.01% | −0.00 |
| PEP Pepsico Inc. | Add +7.8% | 0.01% | −0.00 |
| RY Royal Bank of Canada | Add +2.2% | 0.03% | −0.00 |
| LMT Lockheed Martin Corp. | Add +3.8% | 0.01% | −0.00 |
| TYL Tyler Technologies Inc. | Add +0.2% | 0.16% | −0.00 |
| KO The Coca-Cola Co. | Add +6.3% | 0.02% | −0.00 |
| UNH Unitedhealth Group Inc. | Add +0.1% | 0.03% | −0.00 |
| AKAM Akamai Technologies Inc. | Add +0.5% | 0.11% | −0.01 |
| ABT Abbott Laboratories | Add +0.0% | 4.25% | −0.04 |
| ROP Roper Technologies Inc. | Add +3.2% | 1.29% | −0.05 |
| CBOE Cboe Global Markets Inc. | Add +2.5% | 6.15% | −0.14 |
| TRNO Terreno Realty Corp. | Add +5.1% | 2.42% | −0.18 |
| RMD Resmed Inc. | Add +1.0% | 4.34% | −0.25 |
| EXPD Expeditors Intl Wash Inc. | Add +2.1% | 1.55% | −0.25 |
| SJM The JM Smucker Co. | Add +0.2% | 2.79% | −0.28 |
| CMCSA Comcast Corp. Class A | Add +0.1% | 3.25% | −0.37 |
| NEE Nextera Energy Inc. | Add +2.6% | 3.69% | −0.56 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 68 | $1.5B | APH, NEE, ICE, TRNO, MSFT |
| Q1 2026 | 83 | $2.0B | ICE, NEE, RMD, G, JKHY |
| Q4 2025 | 83 | $2.7B | V, ICE, G, APH, ABT |
| Q3 2025 | 80 | $2.9B | APH, V, ICE, RMD, ABT |
| Q2 2025 | 69 | $2.9B | V, ICE, ABT, RMD, APH |
| Q1 2025 | 70 | $2.9B | CBOE, V, ICE, ABT, JKHY |
| Q4 2024 | 84 | $2.6B | CBOE, V, ICE, FDS, RMD |
| Q3 2024 | 87 | $2.6B | CBOE, RMD, ICE, V, FDS |
| Q2 2024 | 81 | $2.5B | CBOE, V, ICE, ABT, FDS |
| Q1 2024 | 88 | $2.6B | CBOE, V, FDS, ABT, ICE |