Filed: 10/31/2025ACC: 0001088859-25-000003
📋 What this filing means
PARTHENON LLC filed this quarterly 13F‑HR report disclosing 129 equity positions with a total reported market value of $902.51M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
129
Positions
$902.51M
Total AUM (reported)
7.51M
Total Shares
Allocation by class
COM$598.58M66.3%
CL A$70.29M7.8%
CL B NEW$69.48M7.7%
CAP STK CL A$39.05M4.3%
CAP STK CL C$31.02M3.4%
SHS$21.35M2.4%
COM NEW$15.58M1.7%
Portfolio Concentration
Top 3$240.90M26.7%
4–10$207.77M23.0%
11–25$234.54M26.0%
Rest$219.30M24.3%
Top 3 weight
26.7%
Top 10 weight
49.7%
Voting Authority Distribution
Total shares with voting rights: 7.51M
Sole
Full voting authority
7.51M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole129
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings129
Rows:
MICROSOFT CORP
SOLEShares232.46K
TypeSH
Market value$120.40M
13.34%
Sole
232.46K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares138.20K
TypeSH
Market value$69.48M
7.70%
Sole
138.20K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares69.47K
TypeSH
Market value$51.02M
5.65%
Sole
69.47K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares160.64K
TypeSH
Market value$39.05M
4.33%
Sole
160.64K
Shared
0.00
None
0.00
APPLE INC
SOLEShares131.47K
TypeSH
Market value$33.48M
3.71%
Sole
131.47K
Shared
0.00
None
0.00
PAYCHEX INC
SOLEShares246.80K
TypeSH
Market value$31.28M
3.47%
Sole
246.80K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares127.37K
TypeSH
Market value$31.02M
3.44%
Sole
127.37K
Shared
0.00
None
0.00
FASTENAL CO
SOLEShares542.82K
TypeSH
Market value$26.62M
2.95%
Sole
542.82K
Shared
0.00
None
0.00
WALMART INC
SOLEShares227.25K
TypeSH
Market value$23.42M
2.60%
Sole
227.25K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares123.46K
TypeSH
Market value$22.89M
2.54%
Sole
123.46K
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares68.49K
TypeSH
Market value$22.75M
2.52%
Sole
68.49K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares137.75K
TypeSH
Market value$21.17M
2.35%
Sole
137.75K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares177.08K
TypeSH
Market value$19.97M
2.21%
Sole
177.08K
Shared
0.00
None
0.00
CORNING INC
SOLEShares232.64K
TypeSH
Market value$19.08M
2.11%
Sole
232.64K
Shared
0.00
None
0.00
BOOKING HOLDINGS INC
SOLEShares3.52K
TypeSH
Market value$19.00M
2.11%
Sole
3.52K
Shared
0.00
None
0.00
DOVER CORP
SOLEShares106.26K
TypeSH
Market value$17.73M
1.96%
Sole
106.26K
Shared
0.00
None
0.00
PEPSICO INC
SOLEShares101.65K
TypeSH
Market value$14.28M
1.58%
Sole
101.65K
Shared
0.00
None
0.00
ICON PLC
SOLEShares79.78K
TypeSH
Market value$13.96M
1.55%
Sole
79.78K
Shared
0.00
None
0.00
STRYKER CORPORATION
SOLEShares37.53K
TypeSH
Market value$13.87M
1.54%
Sole
37.53K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares43.36K
TypeSH
Market value$13.68M
1.52%
Sole
43.36K
Shared
0.00
None
0.00
CISCO SYS INC
SOLEShares198.63K
TypeSH
Market value$13.59M
1.51%
Sole
198.63K
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares135.89K
TypeSH
Market value$12.97M
1.44%
Sole
135.89K
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares154.16K
TypeSH
Market value$12.94M
1.43%
Sole
154.16K
Shared
0.00
None
0.00
MONDELEZ INTL INC
SOLEShares163.23K
TypeSH
Market value$10.20M
1.13%
Sole
163.23K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares23.10K
TypeSH
Market value$9.36M
1.04%
Sole
23.10K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPSOLE | COM | 232.46K | SH | $120.40M 13.34% | 232.46K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 138.20K | SH | $69.48M 7.70% | 138.20K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 69.47K | SH | $51.02M 5.65% | 69.47K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 160.64K | SH | $39.05M 4.33% | 160.64K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 131.47K | SH | $33.48M 3.71% | 131.47K | 0.00 | 0.00 |
PAYCHEX INCSOLE | COM | 246.80K | SH | $31.28M 3.47% | 246.80K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 127.37K | SH | $31.02M 3.44% | 127.37K | 0.00 | 0.00 |
FASTENAL COSOLE | COM | 542.82K | SH | $26.62M 2.95% | 542.82K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 227.25K | SH | $23.42M 2.60% | 227.25K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 123.46K | SH | $22.89M 2.54% | 123.46K | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 68.49K | SH | $22.75M 2.52% | 68.49K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 137.75K | SH | $21.17M 2.35% | 137.75K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 177.08K | SH | $19.97M 2.21% | 177.08K | 0.00 | 0.00 |
CORNING INCSOLE | COM | 232.64K | SH | $19.08M 2.11% | 232.64K | 0.00 | 0.00 |
BOOKING HOLDINGS INCSOLE | COM | 3.52K | SH | $19.00M 2.11% | 3.52K | 0.00 | 0.00 |
DOVER CORPSOLE | COM | 106.26K | SH | $17.73M 1.96% | 106.26K | 0.00 | 0.00 |
PEPSICO INCSOLE | COM | 101.65K | SH | $14.28M 1.58% | 101.65K | 0.00 | 0.00 |
ICON PLCSOLE | SHS | 79.78K | SH | $13.96M 1.55% | 79.78K | 0.00 | 0.00 |
STRYKER CORPORATIONSOLE | COM | 37.53K | SH | $13.87M 1.54% | 37.53K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 43.36K | SH | $13.68M 1.52% | 43.36K | 0.00 | 0.00 |
CISCO SYS INCSOLE | COM | 198.63K | SH | $13.59M 1.51% | 198.63K | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 135.89K | SH | $12.97M 1.44% | 135.89K | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 154.16K | SH | $12.94M 1.43% | 154.16K | 0.00 | 0.00 |
MONDELEZ INTL INCSOLE | CL A | 163.23K | SH | $10.20M 1.13% | 163.23K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 23.10K | SH | $9.36M 1.04% | 23.10K | 0.00 | 0.00 |
Page 1 of 6
…