Vantage Investment Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 22, 2025), Vantage Investment Partners, LLC reported 65 stock positions worth $1.4 billion. Its top holding was Unitedhealth (UNH) at 6.6% of the portfolio, followed by Alphabet Class C (GOOG, 5.2%) and Eqt (EQT, 4.6%). Compared with Q1 2025, it opened 3 new positions, sold out of 2, added to 31 and reduced 9. The biggest buy was Meta Platforms Class A (META, shares +171%) and the biggest sale an exit from Centene (CNC).

Most Recent 13F
Q1 2026
Location
KANSAS CITY, MO
CIK
0001534561
Portfolio Value
$1.4B (Q2 2025)
SEC Filing
0001534561-25-000007 ↗ filed Jul 22, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.4B $1.4B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $1.4B Q1 2026

Holdings 65 stocks · $1.4B
UNH Unitedhealth Group Inc. 6.58% 289,696 $90.4M Add +105.8%
GOOG Alphabet Inc. Class C 5.19% 401,773 $71.3M Add +19.0%
EQT Eqt Corp. 4.57% 1,075,633 $62.7M Add +1.8%
MSFT Microsoft Corp. 4.29% 118,460 $58.9M Add +21.9%
WAB Wabtec Corp. 4.08% 267,573 $56.0M Add +4.4%
NVDA Nvidia Corp. 4.02% 349,029 $55.1M Add +30.7%
META Meta Platforms Inc. Class A 3.49% 64,913 $47.9M Add +170.7%
ASML ASML Holding NV-NY Reg SHS 3.44% 58,940 $47.2M Add +4.9%
CMG Chipotle Mexican Grill Inc. 3.34% 817,032 $45.9M Add +13.2%
AMZN Amazon.com Inc. 3.26% 204,253 $44.8M Add +3.4%
ORLY O'reilly Automotive Inc. 3.13% 476,490 $42.9M Add +3.8%
NOC Northrop Grumman Corp. 3.00% 82,497 $41.2M Reduce -3.9%
NKE Nike Inc. Class B 2.95% 570,484 $40.5M Add +12.0%
CPAY Corpay Inc. 2.88% 119,272 $39.6M Add +28.4%
LLY Eli Lilly & Co. 2.78% 49,006 $38.2M Add +2.9%
AAPL Apple Inc. 2.55% 170,785 $35.0M Add +3.5%
MPWR Monolithic Power Systems Inc. 2.53% 47,536 $34.8M Add +8.6%
IDXX Idexx Laboratories Inc. 2.53% 64,765 $34.7M Add +21.7%
NVO Novo-Nordisk A/S-Spons ADR 2.28% 454,124 $31.3M Reduce -1.2%
HEI Heico Corp. 2.07% 86,608 $28.4M Reduce -46.6%
BRK.B Berkshire Hathaway Inc. Class B 1.80% 50,845 $24.7M New
AVGO Broadcom Inc. 1.38% 68,834 $19.0M Reduce -11.5%
FND Floor & Decor Holdings Inc. Class A 1.28% 232,178 $17.6M Add +28.9%
JPM JPMorgan Chase & Co. 1.28% 60,441 $17.5M Reduce -0.5%
RTX RTX Corp. 1.24% 116,573 $17.0M Reduce -1.1%
HEI.A Heico Corp. Class A 1.22% 64,651 $16.7M New
CSCO Cisco Systems Inc. 1.22% 240,561 $16.7M Reduce -0.0%
FAST Fastenal Co. 1.11% 362,276 $15.2M No change
AMT American Tower Corp. 1.09% 67,498 $14.9M No change
TM Toyota Motor Corp. -Spon ADR 1.08% 85,781 $14.8M Add +53.2%
SCCO Southern Copper Corp. 1.05% 142,197 $14.4M Add +1.0%
CAT Caterpillar Inc. 1.04% 36,963 $14.3M No change
PAYX Paychex Inc. 1.04% 97,875 $14.2M No change
BX Blackstone Inc. 1.00% 92,142 $13.8M Reduce -0.1%
MCD McDonald's Corp. 1.00% 47,128 $13.8M No change
SBUX Starbucks Corp. 0.94% 141,268 $12.9M Add +0.4%
LMT Lockheed Martin Corp. 0.92% 27,155 $12.6M No change
LOW Lowe's Cos Inc. 0.91% 56,147 $12.5M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.89% 127,189 $12.3M Add +2.1%
WSO Watsco Inc. 0.88% 27,336 $12.1M No change
NEE Nextera Energy Inc. 0.88% 173,556 $12.0M No change
ZTS Zoetis Inc. 0.88% 77,103 $12.0M Add +0.8%
FANG Diamondback Energy Inc. 0.83% 83,184 $11.4M Add +4.4%
SNOW Snowflake Inc. 0.65% 40,008 $9.0M Reduce -3.2%
V Visa Inc. Class A 0.64% 24,874 $8.8M No change
ISRG Intuitive Surgical Inc. 0.64% 16,251 $8.8M Add +4.3%
COST Costco Wholesale Corp. 0.63% 8,801 $8.7M No change
GOOGL Alphabet Inc. Class A 0.59% 46,341 $8.2M New
MA Mastercard Inc. Class A 0.59% 14,331 $8.1M No change
SHW The Sherwin-Williams Co. 0.58% 23,128 $7.9M Add +8.3%
SPGI S&P Global Inc. 0.55% 14,426 $7.6M Add +6.7%
NXPI NXP Semiconductors NV 0.54% 34,193 $7.5M Add +5.2%
SPYM Ste STR SPDR PT S&P 500 ETF 0.15% 27,907 $2.0M No change
GVI iShares Intermediate Governm 0.10% 12,239 $1.3M Add +22.7%
IBIT iShares Bitcoin Trust ETF 0.09% 19,132 $1.2M No change
VYM Vanguard High DVD Yield ETF 0.08% 8,132 $1.1M No change
VTI VG Morningstar TS MKT ETF-US 0.05% 2,144 $652K No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.03% 9,650 $410K Add +1.6%
SPDW Ste STR SPDR PT DW Eu ETF 0.03% 9,460 $383K No change
DVY iShares Select Dividend ETF 0.03% 2,845 $378K No change
VEU Vanguard Ftse All-World Ex-U 0.03% 5,493 $369K No change
SPEM State Street SP PTF Em ETF 0.03% 8,478 $362K No change
SPSM SS SPDR P S&P 600 Small Cap 0.02% 7,905 $337K Add +1.0%
FLRN SS SPDR BB Ig Float RT ETF 0.02% 10,365 $320K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 515 $318K No change

Portfolio Sells Q1 2025 → Q2 2025
CNC Centene Corp. Sold out 0.00% −3.28
XLF SS Financial Select Sector Sold out 0.00% −2.63
HEI Heico Corp. Reduce -46.6% 2.07% −1.57
NOC Northrop Grumman Corp. Reduce -3.9% 3.00% −0.69
NVO Novo-Nordisk A/S-Spons ADR Reduce -1.2% 2.28% −0.40
BX Blackstone Inc. Reduce -0.1% 1.00% −0.08
RTX RTX Corp. Reduce -1.1% 1.24% −0.07
CSCO Cisco Systems Inc. Reduce -0.0% 1.22% −0.03
JPM JPMorgan Chase & Co. Reduce -0.5% 1.28% +0.02
SNOW Snowflake Inc. Reduce -3.2% 0.65% +0.14
AVGO Broadcom Inc. Reduce -11.5% 1.38% +0.29

Portfolio Buys Q1 2025 → Q2 2025
META Meta Platforms Inc. Class A Add +170.7% 3.49% +2.33
BRK.B Berkshire Hathaway Inc. Class B New 1.80% +1.80
NVDA Nvidia Corp. Add +30.7% 4.02% +1.58
MSFT Microsoft Corp. Add +21.9% 4.29% +1.23
HEI.A Heico Corp. Class A New 1.22% +1.22
GOOG Alphabet Inc. Class C Add +19.0% 5.19% +0.76
IDXX Idexx Laboratories Inc. Add +21.7% 2.53% +0.65
GOOGL Alphabet Inc. Class A New 0.59% +0.59
MPWR Monolithic Power Systems Inc. Add +8.6% 2.53% +0.40
UNH Unitedhealth Group Inc. Add +105.8% 6.58% +0.39
ASML ASML Holding NV-NY Reg SHS Add +4.9% 3.44% +0.31
CMG Chipotle Mexican Grill Inc. Add +13.2% 3.34% +0.30
TM Toyota Motor Corp. -Spon ADR Add +53.2% 1.08% +0.25
NKE Nike Inc. Class B Add +12.0% 2.95% +0.24
WAB Wabtec Corp. Add +4.4% 4.08% +0.17
CPAY Corpay Inc. Add +28.4% 2.88% +0.16
AMZN Amazon.com Inc. Add +3.4% 3.26% +0.11
FND Floor & Decor Holdings Inc. Class A Add +28.9% 1.28% +0.07
NXPI NXP Semiconductors NV Add +5.2% 0.54% +0.02
GVI iShares Intermediate Governm Add +22.7% 0.10% +0.01
SPSM SS SPDR P S&P 600 Small Cap Add +1.0% 0.02% −0.00
ISRG Intuitive Surgical Inc. Add +4.3% 0.64% −0.01
SPYD SS SPDR P S&P 500 Hi Div ETF Add +1.6% 0.03% −0.01
SPGI S&P Global Inc. Add +6.7% 0.55% −0.02
SHW The Sherwin-Williams Co. Add +8.3% 0.58% −0.05
SCCO Southern Copper Corp. Add +1.0% 1.05% −0.06
TROW T Rowe Price Group Inc. Add +2.1% 0.89% −0.07
EQT Eqt Corp. Add +1.8% 4.57% −0.18
ZTS Zoetis Inc. Add +0.8% 0.88% −0.18
SBUX Starbucks Corp. Add +0.4% 0.94% −0.22
FANG Diamondback Energy Inc. Add +4.4% 0.83% −0.24
LLY Eli Lilly & Co. Add +2.9% 2.78% −0.52
AAPL Apple Inc. Add +3.5% 2.55% −0.53
ORLY O'reilly Automotive Inc. Add +3.8% 3.13% −0.56

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 64$1.4BGOOG, UNH, WSO, EQT, MSFT
Q4 2025 62$1.5BGOOG, UNH, EQT, WAB, ASML
Q3 2025 62$1.5BUNH, GOOG, NVDA, MSFT, EQT
Q2 2025 65$1.4BUNH, GOOG, EQT, MSFT, WAB
Q1 2025 64$1.2BUNH, EQT, GOOG, WAB, NOC
Q4 2024 62$1.1BUNH, GOOG, EQT, NVO, CNC
Q3 2024 63$1.2BUNH, ORLY, GOOG, CNC, NVO
Q2 2024 62$1.1BUNH, NVO, GOOG, ORLY, CMG
Q1 2024 62$1.1BNVO, UNH, ORLY, GOOG, CMG