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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
Page 6 of 7  ·  131 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 XLK SELECT SECTOR SPDR TR 3,100.0 $446K 0.05% +2K +100.0% $143.97 +28.1%
102 RTX RTX CORPORATION Industrials 2,428.0 $445K 0.05% $183.40 -3.7%
103 T AT&T INC Communication Services 17,874.0 $444K 0.05% -224.0 -1.2% $24.84 +0.2%
104 AMGN AMGEN INC Healthcare 1,177.0 $385K 0.04% $327.31 +2.7%
105 USB US BANCORP DEL Financial Services 6,771.0 $361K 0.04% -25K -78.8% $53.36 +2.5%
106 MCK MCKESSON CORP Healthcare 426.0 $349K 0.04% $820.29 -7.8%
107 EEM ISHARES TR 6,276.0 $343K 0.04% $54.71 +25.0%
108 TSCO TRACTOR SUPPLY CO Consumer Cyclical 6,625.0 $331K 0.04% $50.01 -38.7%
109 CB CHUBB LIMITED Financial Services 1,027.0 $321K 0.04% $312.12 +2.7%
110 UG UNITED GUARDIAN INC Consumer Defensive 50,636.0 $312K 0.03% -273.0 -0.5% $6.16 +14.0%
111 ECL ECOLAB INC Basic Materials 1,184.0 $311K 0.03% $262.52 +0.0%
112 AMAT APPLIED MATLS INC Technology 1,200.0 $308K 0.03% $256.99 +74.4%
113 GWW WW GRAINGER INC Industrials 300.0 $303K 0.03% $1009.05 +23.5%
114 AVGO BROADCOM INC Technology 790.0 $273K 0.03% $346.10 +21.9%
115 FNDX SCHWAB STRATEGIC TR 9,762.0 $266K 0.03% $27.21 +13.8%
116 WSBC WESBANCO INC Financial Services 7,960.0 $265K 0.03% NEW $33.24 +5.0%
117 COP CONOCOPHILLIPS Energy 2,796.0 $262K 0.03% $93.61 +23.0%
118 YUMC YUM CHINA HLDGS INC Consumer Cyclical 5,404.0 $258K 0.03% $47.74 -7.4%
119 HON HONEYWELL INTL INC Industrials 1,251.0 $244K 0.03% $195.09 +18.7%
120 MRSH MARSH & MCLENNAN COS INC Financial Services 1,269.0 $235K 0.03% $185.52 -13.4%
Page 6 of 7  ·  131 positions

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%