# PARTHENON LLC: Form 13F holdings

An institutional investment manager in LOUISVILLE, KY. SEC CIK 1088859.

- Quarter ended: 2026-06-30
- Filed: 2026-07-23
- Reported value: $962.0m
- Positions: 133 (133 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1088859/000108885926000004/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $84.8m | 8.8% | 227,288 |  | Reduced −580 |
| [BERKSHIRE HATHAWAY INC DEL (BRK-B)](/companies/brk-b.md) | CL B NEW | $68.4m | 7.1% | 136,778 |  | Reduced −1,570 |
| [CORNING INC (GLW)](/companies/glw.md) | COM | $58.5m | 6.1% | 228,865 |  | Reduced −1,750 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL A | $54.1m | 5.6% | 151,488 |  | Reduced −5,595 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL C | $38.7m | 4.0% | 109,471 |  | Reduced −3,365 |
| [META PLATFORMS INC (META)](/companies/meta.md) | CL A | $38.0m | 4.0% | 67,543 |  | Reduced −100 |
| [APPLE INC (AAPL)](/companies/aapl.md) | COM | $36.8m | 3.8% | 127,020 |  | Reduced −201 |
| [JOHNSON & JOHNSON (JNJ)](/companies/jnj.md) | COM | $30.5m | 3.2% | 120,079 |  | Reduced −760 |
| [WALMART INC (WMT)](/companies/wmt.md) | COM | $25.5m | 2.7% | 225,415 |  | Reduced −1,025 |
| [FASTENAL CO (FAST)](/companies/fast.md) | COM | $25.3m | 2.6% | 527,272 |  | Reduced −15,800 |
| [PAYCHEX INC (PAYX)](/companies/payx.md) | COM | $24.4m | 2.5% | 248,007 |  | Added +1,684 |
| EXXON MOBIL CORP | COM | $23.5m | 2.4% | 171,640 |  | Reduced −3,180 |
| [DOVER CORP (DOV)](/companies/dov.md) | COM | $23.4m | 2.4% | 104,228 |  | Reduced −790 |
| [CISCO SYS INC (CSCO)](/companies/csco.md) | COM | $23.0m | 2.4% | 195,450 |  | Reduced −2,640 |
| [AMERICAN EXPRESS CO (AXP)](/companies/axp.md) | COM | $22.5m | 2.3% | 66,425 |  | Added +300 |
| [MERCK & CO INC (MRK)](/companies/mrk.md) | COM | $19.2m | 2.0% | 149,637 |  | Reduced −3,425 |
| [PROCTER & GAMBLE CO (PG)](/companies/pg.md) | COM | $18.5m | 1.9% | 126,415 |  | Reduced −6,387 |
| [BOOKING HOLDINGS INC (BKNG)](/companies/bkng.md) | COM | $17.0m | 1.8% | 95,400 |  | Added +91,603 |
| [LANDSTAR SYS INC (LSTR)](/companies/lstr.md) | COM | $13.9m | 1.4% | 67,134 |  | Added +225 |
| [JPMORGAN CHASE & CO (JPM)](/companies/jpm.md) | COM | $13.7m | 1.4% | 41,853 |  | Reduced −85 |
| [PEPSICO INC (PEP)](/companies/pep.md) | COM | $13.7m | 1.4% | 101,089 |  | Added +1,116 |
| ICON PUB LTD CO | SHS | $13.7m | 1.4% | 78,653 |  | Reduced −550 |
| [SCHWAB CHARLES CORP (SCHW)](/companies/schw.md) | COM | $12.2m | 1.3% | 132,340 |  | Added +850 |
| [STRYKER CORPORATION (SYK)](/companies/syk.md) | COM | $11.8m | 1.2% | 37,477 |  | Added +277 |
| [CVS HEALTH CORP (CVS)](/companies/cvs.md) | COM | $11.6m | 1.2% | 112,171 |  | Reduced −1,200 |
| [ATLANTA BRAVES HLDGS INC (BATRA)](/companies/batra.md) | COM SER C | $11.0m | 1.1% | 211,315 |  | Reduced −12,350 |
| [WATERS CORP (WAT)](/companies/wat.md) | COM | $10.9m | 1.1% | 28,978 |  | Reduced −25 |
| [YETI HLDGS INC (YETI)](/companies/yeti.md) | COM | $10.6m | 1.1% | 213,830 |  | Reduced −3,600 |
| VANGUARD INDEX FDS | S&P 500 ETF SHS | $10.5m | 1.1% | 15,319 |  | Added +324 |
| [SALESFORCE INC (CRM)](/companies/crm.md) | COM | $8.9m | 0.9% | 56,805 |  | Added +450 |
| ISHARES TR | CORE S&P SCP ETF | $8.3m | 0.9% | 55,967 |  | Reduced −150 |
| [GE AEROSPACE (GE)](/companies/ge.md) | COM NEW | $8.2m | 0.9% | 22,067 |  | Reduced −137 |
| [PNC FINL SVCS GROUP INC (PNC)](/companies/pnc.md) | COM | $8.2m | 0.9% | 33,424 |  | Unchanged |
| [HOME DEPOT INC (HD)](/companies/hd.md) | COM | $8.1m | 0.8% | 23,058 |  | Reduced −40 |
| [MONDELEZ INTL INC (MDLZ)](/companies/mdlz.md) | CL A | $7.8m | 0.8% | 134,998 |  | Reduced −3,380 |
| [DISNEY WALT CO (DIS)](/companies/dis.md) | COM | $7.0m | 0.7% | 72,381 |  | Reduced −1,285 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | $6.7m | 0.7% | 112,336 |  | Reduced −3,300 |
| [CHURCHILL DOWNS INC (CHDN)](/companies/chdn.md) | COM | $6.5m | 0.7% | 72,654 |  | Unchanged |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | $6.1m | 0.6% | 86,150 |  | Added +3,525 |
| [PHILIP MORRIS INTL INC (PM)](/companies/pm.md) | COM | $5.3m | 0.6% | 29,441 |  | Unchanged |
| [COCA COLA CO (KO)](/companies/ko.md) | COM | $4.8m | 0.5% | 58,529 |  | Reduced −3,161 |
| [ELI LILLY & CO (LLY)](/companies/lly.md) | COM | $4.7m | 0.5% | 3,923 |  | Reduced −160 |
| MEDTRONIC PLC | SHS | $4.7m | 0.5% | 59,803 |  | Reduced −1,600 |
| [BERKSHIRE HATHAWAY INC DEL (BRK-B)](/companies/brk-b.md) | CL A | $4.5m | 0.5% | 6 |  | Unchanged |
| [GE VERNOVA INC (GEV)](/companies/gev.md) | COM | $4.4m | 0.5% | 3,732 |  | Reduced −31 |
| [HERSHEY CO (HSY)](/companies/hsy.md) | COM | $3.9m | 0.4% | 22,340 |  | Reduced −875 |
| [CLARUS CORP NEW (CLAR)](/companies/clar.md) | COM | $3.9m | 0.4% | 1,241,662 |  | Added +94,923 |
| VANGUARD INTL EQUITY INDEX F | FTSE PACIFIC ETF | $3.6m | 0.4% | 31,229 |  | Reduced −1,200 |
| [ABBVIE INC (ABBV)](/companies/abbv.md) | COM | $3.6m | 0.4% | 14,215 |  | Reduced −1,000 |
| [SMUCKER J M CO (SJM)](/companies/sjm.md) | COM NEW | $3.5m | 0.4% | 31,148 |  | Reduced −200 |
| [MCDONALDS CORP (MCD)](/companies/mcd.md) | COM | $3.5m | 0.4% | 12,788 |  | Unchanged |
| [ALTRIA GROUP INC (MO)](/companies/mo.md) | COM | $3.1m | 0.3% | 43,227 |  | Unchanged |
| [BROWN FORMAN CORP (BF-B)](/companies/bf-b.md) | CL B | $2.8m | 0.3% | 105,035 |  | Unchanged |
| [TURNING PT BRANDS INC (TPB)](/companies/tpb.md) | COM | $2.7m | 0.3% | 31,470 |  | Added +6,000 |
| [COLGATE PALMOLIVE CO (CL)](/companies/cl.md) | COM | $2.5m | 0.3% | 27,486 |  | Unchanged |
| VANGUARD INDEX FDS | TOTAL STK MKT | $2.0m | 0.2% | 5,332 |  | Reduced −75 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | $2.0m | 0.2% | 22,256 |  | Unchanged |
| [ABBOTT LABORATORIES (ABT)](/companies/abt.md) | COM | $1.9m | 0.2% | 21,374 |  | Reduced −62 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | $1.9m | 0.2% | 2,000 |  | Unchanged |
| ISHARES TR | CORE S&P500 ETF | $1.9m | 0.2% | 2,557 |  | Reduced −115 |
| [CHEVRON CORPORATION (CVX)](/companies/cvx.md) | COM | $1.9m | 0.2% | 11,543 |  | Unchanged |
| [RICHARDSON ELECTRS LTD (RELL)](/companies/rell.md) | COM | $1.9m | 0.2% | 98,316 |  | Reduced −36,000 |
| [COHERENT CORP (COHR)](/companies/cohr.md) | COM | $1.8m | 0.2% | 4,600 |  | Reduced −300 |
| [INTERNATIONAL BUSINESS MACHS (IBM)](/companies/ibm.md) | COM | $1.7m | 0.2% | 6,033 |  | Reduced −77 |
| [STATE STR SPDR S&P 500 ETF T (SPY)](/companies/spy.md) | TR UNIT | $1.6m | 0.2% | 2,204 |  | Unchanged |
| [SCOTTS MIRACLE-GRO CO (SMG)](/companies/smg.md) | CL A | $1.6m | 0.2% | 23,735 |  | Reduced −3,800 |
| ISHARES TR | RUSSELL 2000 ETF | $1.4m | 0.1% | 4,761 |  | Unchanged |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | $1.4m | 0.1% | 16,928 |  | Unchanged |
| [TELEFLEX INCORPORATED (TFX)](/companies/tfx.md) | COM | $1.3m | 0.1% | 10,430 |  | Reduced −1,378 |
| [KENVUE INC (KVUE)](/companies/kvue.md) | COM | $1.3m | 0.1% | 67,054 |  | Reduced −554 |
| [NIKE INC (NKE)](/companies/nke.md) | CL B | $1.2m | 0.1% | 30,295 |  | Added +2,046 |
| [3M CO (MMM)](/companies/mmm.md) | COM | $1.2m | 0.1% | 7,661 |  | Unchanged |
| [COSTCO WHOLESALE CORPORATION (COST)](/companies/cost.md) | COM | $1.2m | 0.1% | 1,278 |  | Reduced −25 |
| [LAM RESEARCH CORP (LRCX)](/companies/lrcx.md) | COM NEW | $1.1m | 0.1% | 2,575 |  | Reduced −85 |
| [PFIZER INC (PFE)](/companies/pfe.md) | COM | $1.1m | 0.1% | 44,962 |  | Unchanged |
| [AUTOMATIC DATA PROCESSING IN (ADP)](/companies/adp.md) | COM | $1.1m | 0.1% | 4,700 |  | Unchanged |
| ISHARES TR | RUS MID CAP ETF | $1.0m | 0.1% | 9,323 |  | Unchanged |
| [ORACLE CORP (ORCL)](/companies/orcl.md) | COM | $1.0m | 0.1% | 6,968 |  | Reduced −105 |
| [RESEARCH SOLUTIONS INC (RSSS)](/companies/rsss.md) | COM | $910.1k | <0.1% | 392,284 |  | Unchanged |
| [YUM BRANDS INC (YUM)](/companies/yum.md) | COM | $895.9k | <0.1% | 5,604 |  | Unchanged |
| [APPLIED MATLS INC (AMAT)](/companies/amat.md) | COM | $867.6k | <0.1% | 1,200 |  | Unchanged |
| ISHARES TR | NATIONAL MUN ETF | $828.7k | <0.1% | 7,700 |  | New +7,700 |
| ISHARES TR | RUS 1000 ETF | $810.8k | <0.1% | 1,980 |  | Unchanged |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $800.4k | <0.1% | 4,000 |  | Reduced −198 |
| [JABIL INC (JBL)](/companies/jbl.md) | COM | $771.0k | <0.1% | 2,000 |  | Unchanged |
| [THRYV HLDGS INC (THRY)](/companies/thry.md) | COM NEW | $727.8k | <0.1% | 184,717 |  | Unchanged |
| ISHARES TR | S&P 500 GRWT ETF | $706.4k | <0.1% | 5,136 |  | Unchanged |
| [MOTOROLA SOLUTIONS INC (MSI)](/companies/msi.md) | COM NEW | $682.3k | <0.1% | 1,643 |  | Reduced −35 |
| [ZOETIS INC (ZTS)](/companies/zts.md) | CL A | $663.7k | <0.1% | 9,236 |  | Unchanged |
| [LOWES COS INC (LOW)](/companies/low.md) | COM | $655.1k | <0.1% | 2,971 |  | Unchanged |
| [MASTERCARD INCORPORATED (MA)](/companies/ma.md) | CL A | $638.4k | <0.1% | 1,243 |  | Unchanged |
| EATON CORP PLC | SHS | $607.2k | <0.1% | 1,425 |  | Unchanged |
| SELECT SECTOR SPDR TR | ST STR TECHN ETF | $559.2k | <0.1% | 2,935 |  | Reduced −165 |
| [WASTE MGMT INC DEL (WM)](/companies/wm.md) | COM | $557.2k | <0.1% | 2,500 |  | Reduced −38 |
| [CINCINNATI FINL CORP (CINF)](/companies/cinf.md) | COM | $555.4k | <0.1% | 3,000 |  | Unchanged |
| [VISA INC (V)](/companies/v.md) | COM CL A | $554.8k | <0.1% | 1,617 |  | Reduced −46 |
| [JEWETT CAMERON TRADING LTD (JCTC)](/companies/jctc.md) | COM NEW | $525.3k | <0.1% | 217,053 |  | Unchanged |
| [AMAZON COM INC (AMZN)](/companies/amzn.md) | COM | $516.0k | <0.1% | 2,165 |  | Reduced −100 |
| [BROWN FORMAN CORP (BF-B)](/companies/bf-b.md) | CL A | $498.0k | <0.1% | 18,200 |  | Unchanged |
| [RTX CORPORATION (RTX)](/companies/rtx.md) | COM | $460.7k | <0.1% | 2,428 |  | Unchanged |
| [TRUIST FINL CORP (TFC)](/companies/tfc.md) | COM | $454.0k | <0.1% | 9,112 |  | Unchanged |
| [BOSTON SCIENTIFIC CORP (BSX)](/companies/bsx.md) | COM | $448.5k | <0.1% | 10,509 |  | Unchanged |
| ISHARES TR | MSCI EMG MKT ETF | $429.3k | <0.1% | 6,276 |  | Unchanged |
| [CATERPILLAR INC (CAT)](/companies/cat.md) | COM | $426.0k | <0.1% | 400 |  | Unchanged |
| [US BANCORP (USB)](/companies/usb.md) | COM NEW | $409.0k | <0.1% | 6,771 |  | Unchanged |
| [WW GRAINGER INC (GWW)](/companies/gww.md) | COM | $408.1k | <0.1% | 300 |  | Unchanged |
| [AT&T INC (T)](/companies/t.md) | COM | $381.0k | <0.1% | 18,404 |  | Unchanged |
| [UNITED GUARDIAN INC (UG)](/companies/ug.md) | COM | $361.5k | <0.1% | 50,636 |  | Unchanged |
| CHUBB LIMITED | COM | $349.9k | <0.1% | 1,027 |  | Unchanged |
| [INTUIT (INTU)](/companies/intu.md) | COM | $332.8k | <0.1% | 1,275 |  | Unchanged |
| [ECOLAB INC (ECL)](/companies/ecl.md) | COM | $329.9k | <0.1% | 1,184 |  | Unchanged |
| FLEX LTD | ORD | $324.1k | <0.1% | 2,000 |  | New +2,000 |
| [MCKESSON CORP (MCK)](/companies/mck.md) | COM | $321.9k | <0.1% | 426 |  | Unchanged |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | $303.6k | <0.1% | 9,762 |  | Unchanged |
| [CONOCOPHILLIPS (COP)](/companies/cop.md) | COM | $290.7k | <0.1% | 2,796 |  | Unchanged |
| [ISHARES GOLD TR (IAU)](/companies/iau.md) | ISHARES NEW | $279.4k | <0.1% | 3,700 |  | New +3,700 |
| ISHARES TR | MSCI EAFE ETF | $240.3k | <0.1% | 2,313 |  | Unchanged |
| [BROADCOM INC (AVGO)](/companies/avgo.md) | COM | $238.0k | <0.1% | 630 |  | Reduced −160 |
| [EMERSON ELEC CO (EMR)](/companies/emr.md) | COM | $231.3k | <0.1% | 1,616 |  | Unchanged |
| [REPUBLIC BANCORP INC KY (RBCAA)](/companies/rbcaa.md) | CL A | $230.6k | <0.1% | 2,550 |  | New +2,550 |
| [EDWARDS LIFESCIENCES CORP (EW)](/companies/ew.md) | COM | $228.5k | <0.1% | 2,526 |  | Unchanged |
| [EBAY INC. (EBAY)](/companies/ebay.md) | COM | $223.5k | <0.1% | 2,000 |  | New +2,000 |
| [YUM CHINA HLDGS INC (YUMC)](/companies/yumc.md) | COM | $220.9k | <0.1% | 5,404 |  | Unchanged |
| [SOUTHERN CO (SO)](/companies/so.md) | COM | $220.8k | <0.1% | 2,307 |  | Unchanged |
| ISHARES TR | RUS MD CP GR ETF | $215.8k | <0.1% | 1,474 |  | New +1,474 |
| [QNITY ELECTRONICS INC (Q)](/companies/q.md) | COMMON STOCK | $213.8k | <0.1% | 1,309 |  | New +1,309 |
| ISHARES TR | S&P 500 VAL ETF | $210.0k | <0.1% | 925 |  | New +925 |
| [MORGAN STANLEY (MS)](/companies/ms.md) | COM NEW | $209.0k | <0.1% | 1,000 |  | New +1,000 |
| [UNITEDHEALTH GROUP INC (UNH)](/companies/unh.md) | COM | $205.7k | <0.1% | 495 |  | New +495 |
| [KROGER CO (KR)](/companies/kr.md) | COM | $203.5k | <0.1% | 3,664 |  | Unchanged |
| [MARSH & MCLENNAN COS INC (MRSH)](/companies/mrsh.md) | COM | $202.2k | <0.1% | 1,213 |  | Reduced −56 |
| VANGUARD INDEX FDS | SMALL CP ETF | $201.6k | <0.1% | 665 |  | New +665 |
| [FORD MTR CO (F)](/companies/f.md) | COM | $154.6k | <0.1% | 11,119 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [AMGEN INC (AMGN)](/companies/amgn.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,177 |
| [COMCAST CORP NEW (CMCSA)](/companies/cmcsa.md) | CL A | $0 | 0.0% | 0 |  | Sold out −7,370 |
| HONEYWELL INTL INC | COM | $0 | 0.0% | 0 |  | Sold out −1,251 |
| ISHARES TR | MSCI USA MIN VOL | $0 | 0.0% | 0 |  | Sold out −6,174 |
| [WESBANCO INC (WSBC)](/companies/wsbc.md) | COM | $0 | 0.0% | 0 |  | Sold out −12,875 |

Source: SEC EDGAR, Form 13F-HR, accession 0001088859-26-000004. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.