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Portfolio (Quarterly) Guide ↗

PARTHENON LLC

· CIK 0001088859
13F Portfolio $927M AUM 131 positions Filed Jan 23, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 6 New 5 Added 52 Reduced 4 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 ATLANTA BRAVES HLDGS INC 223,665.0 $8.8M 0.95% +53K +31.3% $39.45
2 CLAR CLARUS CORP NEW Consumer Cyclical 1,005,364.0 $3.4M 0.36% +285K +39.6% $3.35 -7.8%
3 IWM ISHARES TR 4,797.0 $1.2M 0.13% +50.0 +1.1% $246.16 +18.0%
4 THRY THRYV HLDGS INC Communication Services 184,717.0 $1.1M 0.12% +34K +22.6% $6.05 -39.5%
5 XLK SELECT SECTOR SPDR TR 3,100.0 $446K 0.05% +2K +100.0% $143.97 +28.1%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.2%
Communication Services 17.8%
Healthcare 14.0%
Consumer Defensive 11.8%
Industrials 11.5%
Financial Services 8.0%
Consumer Cyclical 7.1%
Energy 2.9%
Basic Materials 0.3%
Utilities 0.3%