Tandem Investment Advisors, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Tandem Investment Advisors, Inc. reported 80 stock positions worth $2.9 billion. Its top holding was Amphenol Class A (APH) at 5.3% of the portfolio, followed by Visa Class A (V, 5.1%) and Intercontinental Exchange (ICE, 4.9%). Compared with Q2 2025, it opened 13 new positions, sold out of 2, added to 40 and reduced 23. The biggest buy was a new position in Intuit (INTU) and the biggest sale Factset Research Systems (FDS, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLESTON, SC
- CIK
- 0001694284
- Portfolio Value
- $2.9B (Q3 2025)
- SEC Filing
- 0001694284-25-000011 ↗ filed Nov 3, 2025
Holdings Value
Holdings 80 stocks · $2.9B
| APH Amphenol Corp. Class A | 5.28% | 1,250,108 | $154.7M | Reduce -3.5% |
| V Visa Inc. Class A | 5.08% | 435,901 | $148.8M | Add +1.1% |
| ICE Intercontinental Exchange Inc. | 4.87% | 847,518 | $142.8M | Add +4.8% |
| RMD Resmed Inc. | 4.72% | 505,216 | $138.3M | Add +1.5% |
| ABT Abbott Laboratories | 4.54% | 992,660 | $133.0M | Reduce -0.0% |
| BRO Brown & Brown Inc. | 4.44% | 1,385,214 | $129.9M | Add +69.7% |
| MSFT Microsoft Corp. | 4.23% | 239,330 | $124.0M | Reduce -1.5% |
| G Genpact Ltd. | 4.20% | 2,936,194 | $123.0M | Add +13.6% |
| MA Mastercard Inc. Class A | 3.99% | 205,373 | $116.8M | Add +1.0% |
| ZTS Zoetis Inc. | 3.95% | 790,241 | $115.6M | Reduce -0.1% |
| STE Steris Ltd. | 3.91% | 463,089 | $114.6M | Add +1.1% |
| ROP Roper Technologies Inc. | 3.75% | 220,265 | $109.8M | Add +123.1% |
| NEE Nextera Energy Inc. | 3.58% | 1,390,453 | $105.0M | Reduce -1.9% |
| SYK Stryker Corp. | 3.54% | 280,444 | $103.7M | Add +2.7% |
| ACN Accenture PLC Class A | 3.48% | 413,194 | $101.9M | Add +8.4% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 3.43% | 675,142 | $100.5M | Add +0.2% |
| ADP Automatic Data Processing | 3.10% | 309,538 | $90.8M | Add +31.6% |
| BLK BlackRock Finance Inc. | 2.84% | 71,403 | $83.2M | Reduce -3.1% |
| TRNO Terreno Realty Corp. | 2.75% | 1,418,870 | $80.5M | Add +0.7% |
| CMCSA Comcast Corp. Class A | 2.55% | 2,377,476 | $74.7M | Reduce -0.3% |
| WCN Waste Connections Inc. | 2.28% | 379,332 | $66.7M | Add +1.2% |
| CHD Church & Dwight Co. Inc. | 2.14% | 714,900 | $62.6M | Add +0.5% |
| INTU Intuit Inc. | 2.00% | 85,925 | $58.7M | New |
| RSG Republic Services Inc. | 1.90% | 241,920 | $55.5M | Add +9.8% |
| JNJ Johnson & Johnson | 1.78% | 281,900 | $52.3M | Reduce -2.7% |
| BDX Becton Dickinson and Co. | 1.72% | 269,890 | $50.5M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 1.66% | 52,652 | $48.7M | Add +22.7% |
| VRSK Verisk Analytics Inc. | 1.53% | 177,866 | $44.7M | Add +6.9% |
| EXPD Expeditors Intl Wash Inc. | 1.46% | 349,268 | $42.8M | Reduce -3.3% |
| FDS Factset Research Systems Inc. | 1.43% | 146,128 | $41.9M | Reduce -27.3% |
| WTRG Essential Utilities Inc. | 1.29% | 948,863 | $37.9M | Reduce -54.2% |
| MEDP Medpace Holdings Inc. | 0.26% | 14,708 | $7.6M | Reduce -1.2% |
| IDXX Idexx Laboratories Inc. | 0.26% | 11,740 | $7.5M | Reduce -0.0% |
| ORLY O'reilly Automotive Inc. | 0.23% | 61,938 | $6.7M | Reduce -2.6% |
| QLYS Qualys Inc. | 0.19% | 42,344 | $5.6M | Add +1.8% |
| ADBE Adobe Inc. | 0.17% | 14,095 | $5.0M | Add +21.7% |
| TYL Tyler Technologies Inc. | 0.16% | 9,228 | $4.8M | Add +5.4% |
| ISRG Intuitive Surgical Inc. | 0.14% | 9,219 | $4.1M | Add +4.5% |
| CBOE Cboe Global Markets Inc. | 0.11% | 13,384 | $3.3M | Reduce -9.7% |
| EXLS Exlservice Holdings Inc. | 0.11% | 71,957 | $3.2M | Add +602.1% |
| SNPS Synopsys Inc. | 0.10% | 5,943 | $2.9M | New |
| FTNT Fortinet Inc. | 0.10% | 33,281 | $2.8M | New |
| AKAM Akamai Technologies Inc. | 0.08% | 30,285 | $2.3M | Add +1.4% |
| ABBV Abbvie Inc. | 0.07% | 9,335 | $2.2M | Reduce -1.8% |
| PG The Procter & Gamble Co. | 0.06% | 11,834 | $1.8M | Add +9.4% |
| AAPL Apple Inc. | 0.05% | 5,816 | $1.5M | Reduce -10.6% |
| WMT Walmart Inc. | 0.04% | 12,033 | $1.2M | Add +9.9% |
| HD Home Depot Inc. | 0.03% | 2,172 | $880K | Reduce -3.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.03% | 5,776 | $835K | Add +0.7% |
| KO The Coca-Cola Co. | 0.02% | 10,801 | $716K | Add +37.6% |
| BX Blackstone Inc. | 0.02% | 3,545 | $606K | Reduce -15.4% |
| FAST Fastenal Co. | 0.02% | 12,260 | $601K | Add +0.6% |
| RY Royal Bank of Canada | 0.02% | 4,047 | $596K | Reduce -22.3% |
| GOOG Google LLC Class C filed as ALPHABET INC CL C | 0.02% | 2,311 | $563K | Add +5.6% |
| MSCI MSCI Inc. | 0.02% | 894 | $507K | New |
| PM Philip Morris International | 0.02% | 3,056 | $496K | Add +45.1% |
| AMZN Amazon.com Inc. | 0.02% | 2,054 | $451K | Add +20.1% |
| GE General Electric Company | 0.01% | 1,409 | $424K | New |
| MO Altria Group Inc. | 0.01% | 6,197 | $409K | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 0.01% | 1,168 | $368K | Add +25.1% |
| GOOGLE LLC-CL A | 0.01% | 1,471 | $358K | Add +2.1% |
| ETN Eaton Corp. PLC | 0.01% | 942 | $352K | Add +7.0% |
| KNSL Kinsale Capital Group Inc. | 0.01% | 801 | $341K | New |
| BMI Badger Meter Inc. | 0.01% | 1,728 | $309K | New |
| UNH Unitedhealth Group Inc. | 0.01% | 882 | $305K | New |
| PEP Pepsico Inc. | 0.01% | 2,112 | $297K | New |
| WISCONSIN ENERGY CORP | 0.01% | 2,488 | $285K | Add +1.8% |
| NVDA Nvidia Corp. | 0.01% | 1,480 | $276K | New |
| DD Dupont DE Nemours Inc. | 0.01% | 3,532 | $275K | No change |
| IT Gartner Inc. | 0.01% | 1,027 | $270K | Add +70.3% |
| META Meta Platforms Inc. Class A | 0.01% | 358 | $263K | Reduce -4.0% |
| MRK Merck & Co. Inc. | 0.01% | 3,101 | $260K | Add +15.8% |
| BERKSHIRE HATHAWAY INC | 0.01% | 503 | $253K | Add +14.3% |
| CTVA Corteva Inc. | 0.01% | 3,559 | $241K | No change |
| LOW Lowe's Cos Inc. | 0.01% | 903 | $227K | New |
| CVX Chevron Corp. | 0.01% | 1,436 | $223K | Add +2.1% |
| ROST Ross Stores Inc. | 0.01% | 1,456 | $222K | New |
| QDEL Quidelortho Corp. | 0.01% | 7,460 | $220K | No change |
| AMGN Amgen Inc. | 0.01% | 750 | $212K | No change |
| CAT Caterpillar Inc. | 0.01% | 436 | $208K | New |
Portfolio Sells Q2 2025 → Q3 2025
| FDS Factset Research Systems Inc. | Reduce -27.3% | 1.43% | −1.72 |
| WTRG Essential Utilities Inc. | Reduce -54.2% | 1.29% | −1.40 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.97 |
| CMCSA Comcast Corp. Class A | Reduce -0.3% | 2.55% | −0.43 |
| ZTS Zoetis Inc. | Reduce -0.1% | 3.95% | −0.37 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.22 |
| ABT Abbott Laboratories | Reduce -0.0% | 4.54% | −0.19 |
| CBOE Cboe Global Markets Inc. | Reduce -9.7% | 0.11% | −0.01 |
| RY Royal Bank of Canada | Reduce -22.3% | 0.02% | −0.00 |
| BX Blackstone Inc. | Reduce -15.4% | 0.02% | −0.00 |
| MSFT Microsoft Corp. | Reduce -1.5% | 4.23% | −0.00 |
| META Meta Platforms Inc. Class A | Reduce -4.0% | 0.01% | −0.00 |
| MO Altria Group Inc. | Reduce -1.6% | 0.01% | +0.00 |
| HD Home Depot Inc. | Reduce -3.9% | 0.03% | +0.00 |
| AAPL Apple Inc. | Reduce -10.6% | 0.05% | +0.00 |
| ABBV Abbvie Inc. | Reduce -1.8% | 0.07% | +0.01 |
| EXPD Expeditors Intl Wash Inc. | Reduce -3.3% | 1.46% | +0.02 |
| ORLY O'reilly Automotive Inc. | Reduce -2.6% | 0.23% | +0.03 |
| IDXX Idexx Laboratories Inc. | Reduce -0.0% | 0.26% | +0.04 |
| BDX Becton Dickinson and Co. | Reduce -1.9% | 1.72% | +0.07 |
| MEDP Medpace Holdings Inc. | Reduce -1.2% | 0.26% | +0.09 |
| BLK BlackRock Finance Inc. | Reduce -3.1% | 2.84% | +0.13 |
| NEE Nextera Energy Inc. | Reduce -1.9% | 3.58% | +0.14 |
| JNJ Johnson & Johnson | Reduce -2.7% | 1.78% | +0.23 |
| APH Amphenol Corp. Class A | Reduce -3.5% | 5.28% | +0.80 |
Portfolio Buys Q2 2025 → Q3 2025
| INTU Intuit Inc. | New | 2.00% | +2.00 |
| ROP Roper Technologies Inc. | Add +123.1% | 3.75% | +1.79 |
| BRO Brown & Brown Inc. | Add +69.7% | 4.44% | +1.27 |
| ADP Automatic Data Processing | Add +31.6% | 3.10% | +0.56 |
| RMD Resmed Inc. | Add +1.5% | 4.72% | +0.22 |
| G Genpact Ltd. | Add +13.6% | 4.20% | +0.22 |
| COST Costco Wholesale Corp. | Add +22.7% | 1.66% | +0.18 |
| SNPS Synopsys Inc. | New | 0.10% | +0.10 |
| FTNT Fortinet Inc. | New | 0.10% | +0.10 |
| EXLS Exlservice Holdings Inc. | Add +602.1% | 0.11% | +0.09 |
| STE Steris Ltd. | Add +1.1% | 3.91% | +0.06 |
| MSCI MSCI Inc. | New | 0.02% | +0.02 |
| GE General Electric Company | New | 0.01% | +0.01 |
| ADBE Adobe Inc. | Add +21.7% | 0.17% | +0.01 |
| KNSL Kinsale Capital Group Inc. | New | 0.01% | +0.01 |
| BMI Badger Meter Inc. | New | 0.01% | +0.01 |
| UNH Unitedhealth Group Inc. | New | 0.01% | +0.01 |
| PEP Pepsico Inc. | New | 0.01% | +0.01 |
| NVDA Nvidia Corp. | New | 0.01% | +0.01 |
| LOW Lowe's Cos Inc. | New | 0.01% | +0.01 |
| ROST Ross Stores Inc. | New | 0.01% | +0.01 |
| CAT Caterpillar Inc. | New | 0.01% | +0.01 |
| GOOG Google LLC Class C | Add +5.6% | 0.02% | +0.01 |
| KO The Coca-Cola Co. | Add +37.6% | 0.02% | +0.01 |
| WMT Walmart Inc. | Add +9.9% | 0.04% | +0.00 |
| TJX TJX Companies Inc. | Add +0.7% | 0.03% | +0.00 |
| PM Philip Morris International | Add +45.1% | 0.02% | +0.00 |
| GOOGLE LLC-CL A | Add +2.1% | 0.01% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +25.1% | 0.01% | +0.00 |
| FAST Fastenal Co. | Add +0.6% | 0.02% | +0.00 |
| AMZN Amazon.com Inc. | Add +20.1% | 0.02% | +0.00 |
| PG The Procter & Gamble Co. | Add +9.4% | 0.06% | +0.00 |
| MRK Merck & Co. Inc. | Add +15.8% | 0.01% | +0.00 |
| BERKSHIRE HATHAWAY INC | Add +14.3% | 0.01% | +0.00 |
| ETN Eaton Corp. PLC | Add +7.0% | 0.01% | +0.00 |
| WISCONSIN ENERGY CORP | Add +1.8% | 0.01% | +0.00 |
| IT Gartner Inc. | Add +70.3% | 0.01% | +0.00 |
| CVX Chevron Corp. | Add +2.1% | 0.01% | +0.00 |
| AKAM Akamai Technologies Inc. | Add +1.4% | 0.08% | −0.01 |
| RSG Republic Services Inc. | Add +9.8% | 1.90% | −0.01 |
| MA Mastercard Inc. Class A | Add +1.0% | 3.99% | −0.01 |
| QLYS Qualys Inc. | Add +1.8% | 0.19% | −0.02 |
| TYL Tyler Technologies Inc. | Add +5.4% | 0.16% | −0.02 |
| TRNO Terreno Realty Corp. | Add +0.7% | 2.75% | −0.02 |
| ISRG Intuitive Surgical Inc. | Add +4.5% | 0.14% | −0.03 |
| WCN Waste Connections Inc. | Add +1.2% | 2.28% | −0.17 |
| SYK Stryker Corp. | Add +2.7% | 3.54% | −0.24 |
| CHD Church & Dwight Co. Inc. | Add +0.5% | 2.14% | −0.25 |
| V Visa Inc. Class A | Add +1.1% | 5.08% | −0.28 |
| VRSK Verisk Analytics Inc. | Add +6.9% | 1.53% | −0.29 |
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 |