Hendershot Investments Inc.

CIK

1541496

Location

CENTREVILLE, VA

Portfolio Value

Small $719,939,382

Diversification

Diversified

Filing Date

Global Rank

#1,863 / 8,232 ▲ 75

Top Industry

Insurance - Diversified 14.2%

3Y Alpha vs SPY

-11.0%

Period ended 2 months ago

Filed Apr 27, 2026 · 47d

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

+32.5%

SPY

+76.5%

Annualised alpha

-11.0%

Max drawdown

−12.9%

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

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

Top Position

14.1%

+0.1 pts

Top 5

35.1%

−1.5 pts

Top 10

52.1%

−2.1 pts

HHI

446

Diversified−16

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.7%	$177,565,987	13
Financial Services	24.3%	$174,999,619	23
Consumer Cyclical	20.3%	$145,959,058	12
Industrials	8.9%	$64,224,913	17
Healthcare	8.8%	$63,257,868	10
Consumer Defensive	5.4%	$38,807,337	11
Communication Services	5.2%	$37,706,774	3
Energy	1.0%	$7,220,108	6
Utilities	0.8%	$5,733,263	7
Real Estate	0.4%	$3,062,005	5
Unclassified	0.2%	$1,402,450	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CTSH	Cognizant Technology Solutions Corp	+37,709	272,311	$16,706,279
TSCO	Tractor Supply Co /De/	+17,916	190,146	$8,613,613
NVDA	Nvidia Corp	+17,900	122,959	$21,444,049
CPAY	Corpay, Inc.	+9,446	53,258	$15,497,545
FDS	Factset Research Systems Inc	+7,641	22,884	$4,965,599
MSFT	Microsoft Corp	+6,767	71,058	$26,303,539
PG	PROCTER & GAMBLE Co	+6,634	90,743	$13,106,918
ADBE	Adobe Inc.	+6,328	28,600	$6,952,088
ACN	Accenture plc	+4,932	42,083	$8,344,638
ADP	Automatic Data Processing Inc	+4,857	84,755	$17,220,520
PAYX	Paychex Inc	+4,847	76,692	$7,064,867
AMZN	Amazon Com Inc	+4,235	80,120	$16,686,592
META	Meta Platforms, Inc.	+4,189	12,638	$7,230,578
MFC	Manulife Financial Corp	+3,697	9,657	$332,587
CNI	Canadian National Railway Co	+3,014	106,345	$10,929,075
PEP	Pepsico Inc	+2,809	126,445	$19,635,644
BRK-B	Berkshire Hathaway Inc	+2,032	212,516	$101,837,667
O	Realty Income Corp	+2,021	7,696	$470,841
RMD	Resmed Inc	+1,563	56,657	$12,718,363
MA	Mastercard Inc	+1,511	37,522	$18,748,242
KNSL	Kinsale Capital Group, Inc.	+1,450	22,983	$7,852,371
ERIE	Erie Indemnity Co	+1,080	10,732	$2,697,058
GD	General Dynamics Corp	+925	66,646	$22,874,240
TXRH	Texas Roadhouse, Inc.	+848	72,854	$12,031,109
PLTR	Palantir Technologies Inc.	+465	3,565	$521,488
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−59,956	101,033	$29,053,049
RTX	RTX Corp	−16,228	65,314	$12,599,070
TJX	Tjx Companies Inc /De/	−3,127	241,077	$38,499,996
JNJ	Johnson & Johnson	−1,889	156,709	$38,305,947
GPC	Genuine Parts Co	−960	124,587	$13,175,075
PFE	Pfizer Inc	−907	20,005	$561,740
GNTX	Gentex Corp	−833	441,908	$9,655,689
FAST	Fastenal Co	−779	184,219	$8,547,761
AAPL	Apple Inc.	−719	177,266	$44,988,338
TPL	Texas Pacific Land Corp	−583	2,828	$1,342,055
ABBV	AbbVie Inc.	−550	7,128	$1,550,268
NSC	Norfolk Southern Corp	−500	1,980	$568,260
MRK	Merck & Co., Inc.	−407	13,463	$1,619,464
ROST	Ross Stores, Inc.	−360	74,401	$16,117,488
D	Dominion Energy, Inc	−220	12,598	$778,808
MO	Altria Group, Inc.	−159	7,362	$485,818
HD	Home Depot, Inc.	−135	1,382	$454,525
TT	Trane Technologies plc	−116	2,078	$865,985
XOM	Exxon Mobil Corp	−116	7,979	$1,353,717
KO	Coca Cola Co	−100	11,679	$888,187
AVGO	Broadcom Inc.	−62	1,054	$326,223
PSA	Public Storage	−58	2,707	$733,272
JPM	Jpmorgan Chase & Co	−50	7,263	$2,136,484
DIS	Walt Disney Co	−44	14,766	$1,423,147
GLW	Corning Inc /Ny	−42	3,401	$462,433
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
BR	Broadridge Financial Solutions, Inc.	72,218	$11,733,980
TTE	TotalEnergies SE	7,945	$722,836
GIS	General Mills Inc	15,424	$574,081
WM	Waste Management Inc	1,082	$248,632
PSX	Phillips 66	1,120	$204,041
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ORCL	Oracle Corp	43,184	$8,416,993
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

110 positions · $719,939,382 total · as of Mar 31, 2026

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

Showing 1–50 of 110 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Added	212,516	+2,032	$101,837,667	−3.7%	14.15%
AAPL	Apple Inc. Technology	Reduced	177,266	-719	$44,988,338	−7.0%	6.25%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	241,077	-3,127	$38,499,996	+2.6%	5.35%
JNJ	Johnson & Johnson Healthcare	Reduced	156,709	-1,889	$38,305,947	+16.7%	5.32%
GOOGL	Alphabet Inc. Communication Services	Reduced	101,033	-59,956	$29,053,049	−42.3%	4.04%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	6,896	+405	$29,034,365	−16.5%	4.03%
MSFT	Microsoft Corp Technology	Added	71,058	+6,767	$26,303,539	−15.4%	3.65%
V	Visa Inc. Financial Services	Added	76,097	+237	$22,999,557	−13.6%	3.19%
GD	General Dynamics Corp Industrials	Added	66,646	+925	$22,874,240	+3.4%	3.18%
NVDA	Nvidia Corp Technology	Added	122,959	+17,900	$21,444,049	+9.4%	2.98%
PEP	Pepsico Inc Consumer Defensive	Added	126,445	+2,809	$19,635,644	+10.7%	2.73%
MA	Mastercard Inc Financial Services	Added	37,522	+1,511	$18,748,242	−8.8%	2.60%
ADP	Automatic Data Processing Inc Technology	Added	84,755	+4,857	$17,220,520	−16.2%	2.39%
CTSH	Cognizant Technology Solutions Corp Technology	Added	272,311	+37,709	$16,706,279	−14.2%	2.32%
AMZN	Amazon Com Inc Consumer Cyclical	Added	80,120	+4,235	$16,686,592	−4.7%	2.32%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	74,401	-360	$16,117,488	+19.7%	2.24%
CPAY	Corpay, Inc. Technology	Added	53,258	+9,446	$15,497,545	+17.5%	2.15%
GPC	Genuine Parts Co Consumer Cyclical	Reduced	124,587	-960	$13,175,075	−14.7%	1.83%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	90,743	+6,634	$13,106,918	+8.7%	1.82%
RMD	Resmed Inc Healthcare	Added	56,657	+1,563	$12,718,363	−4.2%	1.77%
RTX	RTX Corp Industrials	Reduced	65,314	-16,228	$12,599,070	−15.8%	1.75%
TXRH	Texas Roadhouse, Inc. Consumer Cyclical	Added	72,854	+848	$12,031,109	+0.7%	1.67%
BR	Broadridge Financial Solutions, Inc. Technology	NEW	72,218	NEW	$11,733,980	NEW	1.63%
CNI	Canadian National Railway Co Industrials	Added	106,345	+3,014	$10,929,075	+7.0%	1.52%
GNTX	Gentex Corp Consumer Cyclical	Reduced	441,908	-833	$9,655,689	−6.3%	1.34%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Added	190,146	+17,916	$8,613,613	+0.0%	1.20%
FAST	Fastenal Co Industrials	Reduced	184,219	-779	$8,547,761	+15.1%	1.19%
ACN	Accenture plc Technology	Added	42,083	+4,932	$8,344,638	−16.3%	1.16%
KNSL	Kinsale Capital Group, Inc. Financial Services	Added	22,983	+1,450	$7,852,371	−6.8%	1.09%
META	Meta Platforms, Inc. Communication Services	Added	12,638	+4,189	$7,230,578	+29.6%	1.00%
AXP	American Express Co Financial Services	Held	23,903	0	$7,230,179	−18.2%	1.00%
PAYX	Paychex Inc Technology	Added	76,692	+4,847	$7,064,867	−12.3%	0.98%
ADBE	Adobe Inc. Technology	Added	28,600	+6,328	$6,952,088	−10.8%	0.97%
FDS	Factset Research Systems Inc Financial Services	Added	22,884	+7,641	$4,965,599	+12.3%	0.69%
SYK	Stryker Corp Healthcare	Added	14,363	+191	$4,719,538	−5.2%	0.66%
VSEC	Vse Corp Industrials	Held	24,055	0	$4,435,742	+6.7%	0.62%
ERIE	Erie Indemnity Co Financial Services	Added	10,732	+1,080	$2,697,058	−2.5%	0.37%
CVX	Chevron Corp Energy	Reduced	12,691	-20	$2,625,767	+35.5%	0.36%
LLY	ELI LILLY & Co Healthcare	Reduced	2,453	-2	$2,256,195	−14.5%	0.31%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	7,263	-50	$2,136,484	−9.3%	0.30%
MRK	Merck & Co., Inc. Healthcare	Reduced	13,463	-407	$1,619,464	+10.9%	0.22%
CEG	Constellation Energy Corp Utilities	Held	5,701	0	$1,592,004	−21.0%	0.22%
ABBV	AbbVie Inc. Healthcare	Reduced	7,128	-550	$1,550,268	−11.6%	0.22%
WMT	Walmart Inc. Consumer Defensive	Held	11,636	0	$1,446,122	+11.6%	0.20%
DIS	Walt Disney Co Communication Services	Reduced	14,766	-44	$1,423,147	−15.5%	0.20%
XOM	Exxon Mobil Corp Energy	Reduced	7,979	-116	$1,353,717	+39.0%	0.19%
TPL	Texas Pacific Land Corp Energy	Reduced	2,828	-583	$1,342,055	+37.0%	0.19%
BN	BROOKFIELD Corp /ON/ Financial Services	Held	32,394	0	$1,310,985	−11.8%	0.18%
BAC	Bank Of America Corp /De/ Financial Services	Held	25,303	0	$1,233,521	−11.4%	0.17%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	3,676	-27	$1,142,464	+0.9%	0.16%