DEARBORN PARTNERS LLC

Registered adviser

CIK

1206792

Location

Chicago, IL

Portfolio Value

Mid $1,757,363,526

Diversification

Diversified

Filing Date

Global Rank

#1,748 / 8,825 ▼ 205

Top Industry

Semiconductors 7.8%

Period ended 4 months ago

Filed Aug 17, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 108147

Roster of Nov 1, 2026

Regulatory AUM

$2,741,716,548

Main clients

Diversified

Registered funds advised

1 series (0 index, 0 ETFs)

$600,516,206 net assets· N-CEN Feb 28, 2026

Private funds on Schedule D 7.B.(1)

As filed Mar 19, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

No private funds listed.

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$2,741,716,548	Diversified
Apr 2025 to Mar 2026	$3,533,103,194	Diversified
Apr 2024 to Mar 2025	$3,817,339,463	Diversified
May 2023 to Mar 2024	$3,564,197,673	Diversified
Apr 2023	$3,564,197,673	Diversified
Apr 2022 to Mar 2023	$4,046,891,535	Diversified

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 28.0%, 56.8 effective positions, active share 64.7% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

11.5% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 22.4 quarters (12+), a floor since 67.8% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 64.7%; sector active share 18.2% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

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

Top Position

6.5%

+0.7 pts

Top 5

17.9%

−0.0 pts

Top 10

28.0%

+0.5 pts

HHI

176

Diversified+4

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	27.6%	$485,033,939	34
Industrials	16.0%	$280,560,403	41
Financial Services	10.1%	$177,755,322	32
Healthcare	7.4%	$130,843,939	22
Consumer Cyclical	6.9%	$120,657,239	11
Consumer Defensive	6.8%	$119,304,021	17
Utilities	6.6%	$115,154,069	12
Basic Materials	6.1%	$106,500,317	11
Unclassified	4.0%	$70,992,550	77
Communication Services	3.6%	$63,456,184	8
Energy	3.5%	$62,325,633	11
Real Estate	1.4%	$24,779,910	7

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+112,727	158,102	$31,634,629
AVGO	Broadcom Inc.	+36,415	48,894	$18,469,708
VRSK	Verisk Analytics, Inc.	+27,005	142,071	$25,506,006
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	+22,009	98,271	$8,636,055
VEA	Vanguard FTSE Developed Markets ETF	+14,580	62,227	$4,433,673
MSFT	Microsoft Corp	+12,320	202,781	$75,641,368
SCHA	Schwab U.S. Small-Cap ETF	+9,243	50,093	$1,809,860
VUG	VANGUARD GROWTH INDEX FUND	+7,658	8,766	$755,103
IJH	iShares Core S&P Mid-Cap ETF	+6,634	30,926	$2,384,703
JIRE	JPMorgan International Research Enhanced Equity ETF	+6,332	20,252	$1,670,587
MDLZ	Mondelez International, Inc.	+5,215	238,885	$13,817,108
SCHD	Schwab U.S. Dividend Equity ETF	+4,785	11,893	$377,127
VO	VANGUARD MID-CAP INDEX FUND	+3,243	4,324	$348,384
IBDW	iShares iBonds Dec 2031 Term Corporate ETF	+3,190	14,122	$294,302
IEMG	iShares Trust	+3,031	17,345	$1,436,859
IBDV	iShares iBonds Dec 2030 Term Corporate ETF	+2,917	31,413	$684,803
IBDU	iShares iBonds Dec 2029 Term Corporate ETF	+2,733	28,984	$671,269
XLRE	State Street(R) Real Estate Select Sector SPDR(R) ETF	+2,655	13,603	$598,940
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+2,644	16,175	$965,485
IBDX	iShares iBonds Dec 2032 Term Corporate ETF	+2,635	12,022	$302,834
IBDS	iShares iBonds Dec 2027 Term Corporate ETF	+2,608	28,431	$688,598
IBDR	iShares iBonds Dec 2026 Term Corporate ETF	+2,601	30,719	$744,321
IBDY	iShares iBonds Dec 2033 Term Corporate ETF	+2,585	11,795	$303,662
IBTP	iShares iBonds Dec 2034 Term Treasury ETF	+2,559	11,682	$296,547
IBDT	iShares iBonds Dec 2028 Term Corporate ETF	+2,499	27,078	$683,719
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TSCO	Tractor Supply Co	−420,889	90,610	$2,864,182
ABT	Abbott Laboratories	−130,215	87,008	$7,895,105
ACN	Accenture plc	−90,567	36,053	$4,486,435
ZTS	Zoetis Inc.	−82,932	23,988	$1,723,777
VZ	Verizon Communications Inc	−67,628	601,890	$25,484,022
WMT	Walmart Inc.	−57,483	200,798	$22,742,381
FAST	Fastenal Co	−48,326	328,750	$15,789,862
CTVA	Corteva, Inc.	−40,739	373,180	$31,604,614
MKC-V	Mccormick & Co Inc	−37,110	325,437	$16,434,568
SNA	Snap-on Inc	−31,507	62,282	$25,062,276
TRI	Thomson Reuters Corp	−29,741	196,417	$16,041,376
WEC	Wec Energy Group, Inc.	−29,715	284,723	$33,247,104
XOM	ExxonMobil Holdings Corp	−28,720	240,815	$32,924,226
APH	Amphenol Corp	−28,332	248,854	$43,877,937
AAPL	Apple Inc.	−27,075	394,954	$114,283,889
CASY	Caseys General Stores Inc	−27,036	50,723	$40,314,133
MCD	Mcdonalds Corp	−26,276	128,699	$34,788,626
NDAQ	Nasdaq, Inc.	−25,459	258,633	$20,385,453
TSLX	Sixth Street Specialty Lending, Inc.	−21,929	28,579	$490,701
AWK	American Water Works Company, Inc.	−19,352	106,883	$14,063,665
QCOM	Qualcomm Inc	−18,892	192,792	$35,626,033
EOG	Eog Resources Inc	−17,058	97,134	$12,601,193
TXN	Texas Instruments Inc	−16,152	133,333	$39,742,567
PG	PROCTER & GAMBLE Co	−15,810	176,935	$25,945,748
RSG	Republic Services, Inc.	−15,197	140,994	$30,043,000
No positions match the current search.

New Positions

Positions the filer opened this quarter

21 positions

Ticker	Company	Shares	Value
LNT	Alliant Energy Corp	137,070	$10,457,070
TJX	Tjx Companies Inc	57,603	$8,726,854
HONA	Honeywell Aerospace Inc.	2,962	$654,838
TTC	Toro Co	5,908	$575,557
HEI	Heico Corp	1,348	$480,144
IGV	iShares Expanded Tech-Software Sector ETF	4,515	$409,059
MU	Micron Technology Inc	354	$408,618
AMAT	Applied Materials Inc	544	$393,312
FSLR	First Solar, Inc.	1,575	$371,637
SPCX	Space Exploration Technologies Corp	2,066	$352,996
EFA	iShares MSCI EAFE ETF	3,122	$324,313
ICLN	iShares Global Clean Energy ETF	13,700	$280,713
HUBB	Hubbell Inc	525	$274,680
HOOD	Robinhood Markets, Inc.	2,576	$258,320
UWM	ProShares Ultra Russell2000	3,700	$248,751
VST	Vistra Corp.	1,500	$237,945
MAS	Masco Corp	2,900	$235,973
TIP	iShares TIPS Bond ETF	2,100	$229,803
ULS	UL Solutions Inc.	2,075	$211,359
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	571	$208,814
EWQ	iShares MSCI France ETF	4,500	$204,435
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

283 tracked positions · $1,757,363,526 total · filing declares 303 positions · $1,766,040,133 · as of Jun 30, 2026

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

Showing 1–50 of 283 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	394,954	-27,075	$114,283,889	+6.7%	26+	before history	6.50%
MSFT	Microsoft Corp Technology	Added	202,781	+12,320	$75,641,368	+7.3%	26+	before history	4.30%
APH	Amphenol Corp Technology	Reduced	248,854	-28,332	$43,877,937	+25.3%	10	$69.69	2.50%
CASY	Caseys General Stores Inc Consumer Cyclical	Reduced	50,723	-27,036	$40,314,133	−28.8%	26+	before history	2.29%
TXN	Texas Instruments Inc Technology	Reduced	133,333	-16,152	$39,742,567	+36.9%	24	$171.65	2.26%
ADP	Automatic Data Processing Inc Technology	Added	176,106	+459	$39,438,938	+10.5%	26+	before history	2.24%
QCOM	Qualcomm Inc Technology	Reduced	192,792	-18,892	$35,626,033	+30.7%	26+	before history	2.03%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	128,699	-26,276	$34,788,626	−27.8%	26+	before history	1.98%
WSO	Watsco Inc Industrials	Reduced	83,346	-6,244	$34,732,778	+6.6%	26+	before history	1.98%
WEC	Wec Energy Group, Inc. Utilities	Reduced	284,723	-29,715	$33,247,104	−8.7%	26+	before history	1.89%
XOM	ExxonMobil Holdings Corp Energy	Reduced	240,815	-28,720	$32,924,226	−28.0%	26+	before history	1.87%
ATO	Atmos Energy Corp Utilities	Added	188,329	+60	$32,443,436	−6.7%	19	$96.10	1.85%
NVDA	Nvidia Corp Technology	Added	158,102	+112,727	$31,634,629	+299.8%	25	unpriced	1.80%
CTVA	Corteva, Inc. Basic Materials	Reduced	373,180	-40,739	$31,604,614	−8.8%	10	$59.21	1.80%
MA	Mastercard Inc Financial Services	Reduced	59,399	-5,197	$30,507,326	−5.5%	26+	before history	1.74%
CAT	Caterpillar Inc Industrials	Reduced	28,618	-25	$30,475,308	+50.2%	26+	before history	1.73%
RSG	Republic Services, Inc. Industrials	Reduced	140,994	-15,197	$30,043,000	−12.2%	26+	before history	1.71%
ITW	Illinois Tool Works Inc Industrials	Reduced	106,637	-8,324	$28,842,109	−3.6%	26+	before history	1.64%
ABBV	AbbVie Inc. Healthcare	Reduced	114,591	-13,811	$28,835,679	+3.3%	26+	before history	1.64%
SHW	Sherwin Williams Co Basic Materials	Reduced	80,534	-6,857	$27,729,466	−1.0%	26+	before history	1.58%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	83,018	-138	$27,174,281	+11.1%	26+	before history	1.55%
AJG	Arthur J. Gallagher & Co. Financial Services	Reduced	115,800	-10,058	$26,584,206	−2.5%	26+	before history	1.51%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	176,935	-15,810	$25,945,748	−6.8%	26+	before history	1.48%
VRSK	Verisk Analytics, Inc. Industrials	Added	142,071	+27,005	$25,506,006	+16.8%	6	$214.37	1.45%
VZ	Verizon Communications Inc Communication Services	Reduced	601,890	-67,628	$25,484,022	−24.2%	26+	before history	1.45%
SNA	Snap-on Inc Industrials	Reduced	62,282	-31,507	$25,062,276	−26.4%	26+	before history	1.43%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	24,714	-7,350	$23,119,205	−27.6%	26+	before history	1.32%
WMT	Walmart Inc. Consumer Defensive	Reduced	200,798	-57,483	$22,742,381	−29.1%	26+	before history	1.29%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	63,599	-6,069	$22,430,095	−2.1%	26+	before history	1.28%
MSI	Motorola Solutions, Inc. Technology	Reduced	51,444	-6,149	$21,364,178	−14.5%	9	$362.05	1.22%
SYK	Stryker Corp Healthcare	Reduced	65,038	-8,851	$20,476,563	−15.7%	26+	before history	1.17%
NDAQ	Nasdaq, Inc. Financial Services	Reduced	258,633	-25,459	$20,385,453	−15.5%	26+	before history	1.16%
CME	Cme Group Inc. Financial Services	Reduced	92,074	-8,366	$20,332,701	−31.5%	23	$271.94	1.16%
JNJ	Johnson & Johnson Healthcare	Added	79,895	+31	$20,290,932	+3.9%	26+	before history	1.15%
STE	STERIS plc Healthcare	Reduced	94,546	-11,237	$19,908,551	−14.9%	26+	before history	1.13%
NEE	Nextera Energy Inc Utilities	Added	226,461	+21	$19,876,481	−5.5%	26+	before history	1.13%
ECL	Ecolab Inc. Basic Materials	Reduced	70,503	-8,704	$19,642,840	−6.8%	26+	before history	1.12%
EQIX	Equinix Inc Real Estate	Reduced	17,893	-2,499	$18,651,484	−6.7%	20	$824.51	1.06%
SPGI	S&P Global Inc. Financial Services	Reduced	45,371	-5,650	$18,477,792	−14.9%	22	unpriced	1.05%
AVGO	Broadcom Inc. Technology	Added	48,894	+36,415	$18,469,708	+378.2%	14	unpriced	1.05%
CTAS	Cintas Corp Industrials	Reduced	108,220	-14,891	$18,406,057	−11.6%	11	$142.57	1.05%
GOOGL	Alphabet Inc. Communication Services	Added	47,821	+858	$17,089,790	+26.5%	26+	before history	0.97%
MKC-V	Mccormick & Co Inc Consumer Defensive	Reduced	325,437	-37,110	$16,434,568	−10.0%	15	$80.43	0.94%
TRI	Thomson Reuters Corp Industrials	Reduced	196,417	-29,741	$16,041,376	−21.2%	16	unpriced	0.91%
FAST	Fastenal Co Industrials	Reduced	328,750	-48,326	$15,789,862	−9.8%	24	$23.96	0.90%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	93,991	-14,657	$15,765,110	−30.9%	10	$163.31	0.90%
GD	General Dynamics Corp Industrials	Reduced	44,408	-10	$15,731,089	+3.2%	26+	before history	0.90%
AWK	American Water Works Company, Inc. Utilities	Reduced	106,883	-19,352	$14,063,665	−18.1%	26+	before history	0.80%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	238,885	+5,215	$13,817,108	+2.6%	15	$63.35	0.79%
EOG	Eog Resources Inc Energy	Reduced	97,134	-17,058	$12,601,193	−23.7%	18	$111.46	0.72%

Showing the top 50 of 283 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.