PARTHENON LLC

CIK

1088859

Location

LOUISVILLE, KY

Portfolio Value

Small $855,493,904

Diversification

Diversified

Filing Date

Global Rank

#463 / 3,203 ▲ 1571

Top Industry

Internet Content & Information 10.8%

3Y Alpha vs SPY

-5.8%

Period ended 30 days ago

Filed Jul 23, 2026 · 7d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+50.1%

SPY

+65.3%

Annualised alpha

-3.7%

Max drawdown

−14.0%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

108 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

9.9%

−0.9 pts

Top 5

35.5%

+1.5 pts

Top 10

52.2%

−0.3 pts

HHI

397

Diversified−4

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	29.5%	$252,607,047	23
Financial Services	15.0%	$128,654,281	14
Healthcare	13.7%	$116,832,309	17
Communication Services	11.6%	$99,531,195	4
Consumer Defensive	11.1%	$94,909,209	16
Industrials	9.3%	$79,147,674	12
Consumer Cyclical	6.3%	$53,523,728	13
Energy	3.0%	$25,670,659	3
Basic Materials	0.3%	$2,471,732	3
Unclassified	0.2%	$1,925,268	2
Utilities	0.0%	$220,802	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
CLAR	Clarus Corp	+94,923	1,241,662	$3,911,235
BKNG	Booking Holdings Inc.	+91,603	95,400	$17,004,096
TPB	Turning Point Brands, Inc.	+6,000	31,470	$2,668,970
NKE	NIKE, Inc.	+2,046	30,295	$1,243,609
PAYX	Paychex Inc	+1,684	248,007	$24,386,528
PEP	Pepsico Inc	+1,116	101,089	$13,687,450
SCHW	Schwab Charles Corp	+850	132,340	$12,211,011
CRM	Salesforce, Inc.	+450	56,805	$8,899,071
AXP	American Express Co	+300	66,425	$22,468,256
SYK	Stryker Corp	+277	37,477	$11,799,258
LSTR	Landstar System Inc	+225	67,134	$13,883,982
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
RELL	Richardson Electronics, Ltd.	−36,000	98,316	$1,868,987
FAST	Fastenal Co	−15,800	527,272	$25,324,874
PG	PROCTER & GAMBLE Co	−6,387	126,415	$18,537,495
GOOGL	Alphabet Inc.	−5,595	151,488	$54,137,266
SMG	Scotts Miracle-Gro Co	−3,800	23,735	$1,616,590
YETI	YETI Holdings, Inc.	−3,600	213,830	$10,597,414
MRK	Merck & Co., Inc.	−3,425	149,637	$19,228,354
MDLZ	Mondelez International, Inc.	−3,380	134,998	$7,808,284
XOM	ExxonMobil Holdings Corp	−3,180	171,640	$23,466,620
KO	Coca Cola Co	−3,161	58,529	$4,756,651
CSCO	Cisco Systems, Inc.	−2,640	195,450	$22,957,557
GLW	Corning Inc /Ny	−1,750	228,865	$58,458,986
MDT	Medtronic plc	−1,600	59,803	$4,678,388
BRK-B	Berkshire Hathaway Inc	−1,570	136,778	$68,442,343
TFX	Teleflex Inc	−1,378	10,430	$1,322,106
DIS	Walt Disney Co	−1,285	72,381	$6,966,671
CVS	CVS HEALTH Corp	−1,200	112,171	$11,604,089
WMT	Walmart Inc.	−1,025	225,415	$25,530,502
ABBV	AbbVie Inc.	−1,000	14,215	$3,577,062
HSY	Hershey Co	−875	22,340	$3,919,553
DOV	DOVER Corp	−790	104,228	$23,376,255
JNJ	Johnson & Johnson	−760	120,079	$30,496,463
MSFT	Microsoft Corp	−580	227,288	$84,782,969
KVUE	Kenvue Inc.	−554	67,054	$1,281,401
ICLR	Icon PLC	−550	78,653	$13,662,812
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
FLEX	Flex Ltd.	2,000	$324,140
IAU	Ishares Gold Trust	3,700	$279,387
RBCAA	Republic Bancorp Inc /Ky/	2,550	$230,596
EBAY	Ebay Inc	2,000	$223,500
Q	Qnity Electronics, Inc.	1,309	$213,772
MS	Morgan Stanley	1,000	$209,040
UNH	Unitedhealth Group Inc	495	$205,736
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
WSBC	Wesbanco Inc	12,875	$444,058
AMGN	Amgen Inc	1,177	$414,127
HON	Honeywell International Inc	1,251	$282,763
CMCSA	Comcast Corp	7,370	$211,592
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

108 tracked positions · $855,493,904 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 108 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	227,288	-580	$84,782,969	+0.5%	9.91%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	136,778	-1,570	$68,442,343	+3.2%	8.00%
GLW	Corning Inc /Ny Technology	Reduced	228,865	-1,750	$58,458,986	+86.4%	6.83%
GOOGL	Alphabet Inc. Communication Services	Reduced	151,488	-5,595	$54,137,266	+19.9%	6.33%
META	Meta Platforms, Inc. Communication Services	Reduced	67,543	-100	$38,046,296	−1.7%	4.45%
AAPL	Apple Inc. Technology	Reduced	127,020	-201	$36,754,507	+13.8%	4.30%
JNJ	Johnson & Johnson Healthcare	Reduced	120,079	-760	$30,496,463	+3.2%	3.56%
WMT	Walmart Inc. Consumer Defensive	Reduced	225,415	-1,025	$25,530,502	−9.3%	2.98%
FAST	Fastenal Co Industrials	Reduced	527,272	-15,800	$25,324,874	+0.5%	2.96%
PAYX	Paychex Inc Technology	Added	248,007	+1,684	$24,386,528	+7.5%	2.85%
XOM	ExxonMobil Holdings Corp Energy	Reduced	171,640	-3,180	$23,466,620	−20.9%	2.74%
DOV	DOVER Corp Industrials	Reduced	104,228	-790	$23,376,255	+6.8%	2.73%
CSCO	Cisco Systems, Inc. Technology	Reduced	195,450	-2,640	$22,957,557	+49.4%	2.68%
AXP	American Express Co Financial Services	Added	66,425	+300	$22,468,256	+12.3%	2.63%
MRK	Merck & Co., Inc. Healthcare	Reduced	149,637	-3,425	$19,228,354	+4.4%	2.25%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	126,415	-6,387	$18,537,495	−3.4%	2.17%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	95,400	+91,603	$17,004,096	+6.4%	1.99%
LSTR	Landstar System Inc Industrials	Added	67,134	+225	$13,883,982	+29.4%	1.62%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	41,853	-85	$13,699,742	+11.1%	1.60%
PEP	Pepsico Inc Consumer Defensive	Added	101,089	+1,116	$13,687,450	−11.8%	1.60%
ICLR	Icon PLC Healthcare	Reduced	78,653	-550	$13,662,812	+55.9%	1.60%
SCHW	Schwab Charles Corp Financial Services	Added	132,340	+850	$12,211,011	−1.2%	1.43%
SYK	Stryker Corp Healthcare	Added	37,477	+277	$11,799,258	−3.5%	1.38%
CVS	CVS HEALTH Corp Healthcare	Reduced	112,171	-1,200	$11,604,089	+42.5%	1.36%
WAT	Waters Corp /De/ Healthcare	Reduced	28,978	-25	$10,867,909	+25.8%	1.27%
YETI	YETI Holdings, Inc. Consumer Cyclical	Reduced	213,830	-3,600	$10,597,414	+33.2%	1.24%
CRM	Salesforce, Inc. Technology	Added	56,805	+450	$8,899,071	−15.4%	1.04%
GE	General Electric Co Industrials	Reduced	22,067	-137	$8,247,099	+30.9%	0.96%
PNC	Pnc Financial Services Group, Inc. Financial Services	Held	33,424	0	$8,229,657	+18.3%	0.96%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	23,058	-40	$8,132,095	+7.0%	0.95%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	134,998	-3,380	$7,808,284	−2.1%	0.91%
DIS	Walt Disney Co Communication Services	Reduced	72,381	-1,285	$6,966,671	−1.9%	0.81%
CHDN	Churchill Downs Inc Consumer Cyclical	Held	72,654	0	$6,512,704	−0.2%	0.76%
PM	Philip Morris International Inc. Consumer Defensive	Held	29,441	0	$5,326,171	+9.4%	0.62%
KO	Coca Cola Co Consumer Defensive	Reduced	58,529	-3,161	$4,756,651	+1.4%	0.56%
LLY	ELI LILLY & Co Healthcare	Reduced	3,923	-160	$4,705,364	+25.3%	0.55%
MDT	Medtronic plc Healthcare	Reduced	59,803	-1,600	$4,678,388	−12.1%	0.55%
GEV	GE Vernova Inc. Industrials	Reduced	3,732	-31	$4,384,577	+33.5%	0.51%
HSY	Hershey Co Consumer Defensive	Reduced	22,340	-875	$3,919,553	−18.8%	0.46%
CLAR	Clarus Corp Consumer Cyclical	Added	1,241,662	+94,923	$3,911,235	+25.4%	0.46%
ABBV	AbbVie Inc. Healthcare	Reduced	14,215	-1,000	$3,577,062	+8.1%	0.42%
SJM	J M SMUCKER Co Consumer Defensive	Reduced	31,148	-200	$3,504,150	+15.9%	0.41%
MCD	Mcdonalds Corp Consumer Cyclical	Held	12,788	0	$3,456,724	−13.0%	0.40%
MO	Altria Group, Inc. Consumer Defensive	Held	43,227	0	$3,110,182	+9.0%	0.36%
TPB	Turning Point Brands, Inc. Consumer Defensive	Added	31,470	+6,000	$2,668,970	+20.7%	0.31%
CL	Colgate Palmolive Co Consumer Defensive	Held	27,486	0	$2,519,916	+7.6%	0.29%
ABT	Abbott Laboratories Healthcare	Reduced	21,374	-62	$1,939,476	−11.9%	0.23%
STX	Seagate Technology Holdings plc Technology	Held	2,000	0	$1,930,000	+146.3%	0.23%
CVX	Chevron Corp Energy	Held	11,543	0	$1,913,367	−19.9%	0.22%
RELL	Richardson Electronics, Ltd. Technology	Reduced	98,316	-36,000	$1,868,987	+27.1%	0.22%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.