PARTHENON LLC

CIK

1088859

Location

LOUISVILLE, KY

Portfolio Value

Micro $2,343,166

Diversification

Diversified

Filing Date

Global Rank

#1,760 / 8,232 ▲ 73

Top Industry

Software - Infrastructure 10.9%

3Y Alpha vs SPY

-6.7%

Period ended 2 months ago

Filed Apr 28, 2026 · 46d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+48.9%

SPY

+76.5%

Annualised alpha

-6.7%

Max drawdown

−14.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

105 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.8%

−2.5 pts

Top 5

34.1%

−3.2 pts

Top 10

52.4%

+0.1 pts

HHI

401

Diversified−42

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	26.6%	$208,631,421	21
Financial Services	15.5%	$121,312,648	13
Healthcare	13.5%	$105,714,358	17
Consumer Defensive	12.7%	$99,195,058	16
Communication Services	11.7%	$91,716,428	5
Industrials	9.1%	$71,180,246	13
Consumer Cyclical	6.3%	$49,088,127	12
Energy	4.1%	$32,417,279	3
Basic Materials	0.3%	$2,343,166	3
Unclassified	0.2%	$1,433,349	1
Utilities	0.0%	$222,671	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
CLAR	Clarus Corp	+141,375	1,146,739	$3,119,130
WSBC	Wesbanco Inc	+4,915	12,875	$444,058
PAYX	Paychex Inc	+1,433	246,323	$22,691,274
T	At&T Inc.	+530	18,404	$533,531
MSFT	Microsoft Corp	+399	227,868	$84,349,897
BKNG	Booking Holdings Inc.	+330	3,797	$15,986,584
CSCO	Cisco Systems, Inc.	+1	198,090	$15,369,803
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	−12,450	4,198	$732,131
MO	Altria Group, Inc.	−6,561	43,227	$2,852,549
TPB	Turning Point Brands, Inc.	−5,300	25,470	$2,210,541
YETI	YETI Holdings, Inc.	−2,500	217,430	$7,955,763
PG	PROCTER & GAMBLE Co	−2,403	132,802	$19,181,920
SCHW	Schwab Charles Corp	−2,330	131,490	$12,357,430
GOOGL	Alphabet Inc.	−2,030	157,083	$45,170,787
FAST	Fastenal Co	−1,768	543,072	$25,198,540
AAPL	Apple Inc.	−1,634	127,221	$32,287,417
MDLZ	Mondelez International, Inc.	−1,631	138,378	$7,976,107
JNJ	Johnson & Johnson	−1,473	120,839	$29,537,885
CVS	CVS HEALTH Corp	−1,465	113,371	$8,142,305
CRM	Salesforce, Inc.	−1,450	56,355	$10,519,787
WMT	Walmart Inc.	−1,422	226,440	$28,141,963
SMG	Scotts Miracle-Gro Co	−1,400	27,535	$1,674,403
AXP	American Express Co	−1,285	66,125	$20,001,490
XOM	Exxon Mobil Corp	−1,021	174,820	$29,659,961
PEP	Pepsico Inc	−992	99,973	$15,524,807
META	Meta Platforms, Inc.	−897	67,643	$38,700,589
KVUE	Kenvue Inc.	−842	67,608	$1,165,561
MRK	Merck & Co., Inc.	−679	153,062	$18,411,827
NKE	NIKE, Inc.	−670	28,249	$1,492,112
JPM	Jpmorgan Chase & Co	−522	41,938	$12,336,482
CHDN	Churchill Downs Inc	−432	72,654	$6,526,508
HSY	Hershey Co	−350	23,215	$4,826,166
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
TSCO	Tractor Supply Co /De/	6,625	$331,316
EXPE	Expedia Group, Inc.	790	$223,814
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3 positions · $2,343,166 total · Basic Materials only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SMG	Scotts Miracle-Gro Co Basic Materials	Reduced	27,535	-1,400	$1,674,403	−0.8%	71.46%
JCTC	Jewett Cameron Trading Co Ltd Basic Materials	Held	217,053	0	$353,796	−27.6%	15.10%
ECL	Ecolab Inc. Basic Materials	Held	1,184	0	$314,967	+1.3%	13.44%