Hendershot Investments Inc.
CIK 1541496 · View on SEC EDGAR ↗
- Portfolio value
- $765.5M
- Positions
- 134
- As of
- June 30, 2026
#2,913 of 9,443 by 13F value · top 30.8%
Portfolio value QoQ: +2.9% 13F does not disclose cash
- Top 10 holdings weight
- 52.58%
- Top 25 holdings weight
- 80.67%
- Positions above 1%
- 28
- Effective number of positions
- 23.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.14% Est. buys $55,075,482 · sells $31,208,818
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 83.8% still held
- New positions
- 9
- Increased
- 29
- Decreased
- 33
- Closed
- 3
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
16.7%
Industrials
12.5%
Financial Services
10.6%
Retail
10.4%
Consumer Discretionary
9.1%
Healthcare
8.7%
Communication Services
7.0%
Consumer Staples
2.8%
Consumer products
1.7%
Financials
1.5%
Energy
0.8%
Utilities
0.8%
Real Estate
0.4%
Telecommunication
0.1%
Logistics & Transportation
0.0%
Other/Unmapped
16.8%
Full portfolio 134 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| BRKB | $105,618,818 | 13.80% | 211,073 | $3,781,151 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $50,575,006 | 6.61% | 174,782 | $5,586,597 | Down ×3 | ||
| JNJ Johnson & Johnson Common Stock | $39,326,985 | 5.14% | 154,849 | $1,021,052 | Down ×3 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $36,197,816 | 4.73% | 238,929 | $-2,302,258 | Down ×4 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $35,981,804 | 4.70% | 100,685 | $6,928,765 | Down ×4 | ||
| BKNG Booking Holdings Inc. - Common Stock | $31,878,224 | 4.16% | 178,850 | $2,843,857 | Up ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $26,696,512 | 3.49% | 71,569 | $393,127 | Up ×6 | ||
| NVDA NVIDIA Corporation - Common Stock | $26,356,055 | 3.44% | 131,721 | $4,912,005 | Up ×2 | ||
| V Visa Inc. | $26,076,555 | 3.41% | 76,005 | $3,076,998 | Down ×1 | ||
| GD General Dynamics Corporation Common Stock | $23,807,408 | 3.11% | 67,207 | $933,168 | Up ×2 | ||
| MA Mastercard Incorporated Common Stock | $19,408,944 | 2.54% | 37,790 | $660,701 | Up ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $19,266,214 | 2.52% | 80,835 | $2,579,622 | Up ×6 | ||
| ADP Automatic Data Processing, Inc. - Common Stock | $19,201,249 | 2.51% | 85,739 | $1,980,728 | Up ×4 | ||
| CPAY Corpay, Inc. Common Stock | $17,974,584 | 2.35% | 53,934 | $2,477,039 | Up ×2 | ||
| PEP PepsiCo, Inc. - Common Stock | $17,556,529 | 2.29% | 129,664 | $-2,079,055 | Up ×4 | ||
| ROST Ross Stores, Inc. - Common Stock | $15,427,794 | 2.02% | 72,482 | $-689,695 | Down ×4 | ||
| TXRH Texas Roadhouse, Inc. - Common Stock | $14,177,865 | 1.85% | 73,373 | $2,146,755 | Up ×2 | ||
| PG Procter & Gamble Company (The) Common Stock | $12,870,529 | 1.68% | 87,770 | $-236,327 | Down ×1 | ||
| ACN Accenture plc Class A Ordinary Shares (Ireland) | $12,851,417 | 1.68% | 103,274 | $4,506,779 | Up ×6 | ||
| RTX RTX Corporation Common Stock | $12,318,220 | 1.61% | 64,925 | $-280,851 | Down ×6 | ||
| RMD ResMed Inc. Common Stock | $11,801,153 | 1.54% | 60,556 | $-917,210 | Up ×6 | ||
| GPC Genuine Parts Company Common Stock | $11,325,608 | 1.48% | 95,996 | $-1,849,467 | Down ×2 | ||
| PAYX Paychex, Inc. - Common Stock | $10,600,662 | 1.38% | 107,807 | $3,535,795 | Up ×4 | ||
| GNTX Gentex Corporation - Common Stock | $10,159,197 | 1.33% | 402,026 | $503,507 | Down ×3 | ||
| BR Broadridge Financial Solutions, Inc. Common Stock | $10,092,119 | 1.32% | 73,692 | $-1,641,862 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $9,073,932 | 1.19% | 16,109 | $1,843,513 | Up ×2 | ||
| FAST Fastenal Company - Common Stock | $8,817,107 | 1.15% | 183,575 | $269,345 | Down ×4 | ||
| AXP American Express Company Common Stock | $8,085,190 | 1.06% | 23,903 | $855,011 | |||
| SYK Stryker Corporation Common Stock | $7,449,429 | 0.97% | 23,661 | $2,729,891 | Up ×2 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $6,930,215 | 0.91% | 19,614 | $1,303,743 | |||
| TSCO Tractor Supply Company - Common Stock | $5,995,627 | 0.78% | 189,675 | $-2,617,987 | Down ×1 | ||
| KNSL Kinsale Capital Group, Inc. Common Stock | $5,790,804 | 0.76% | 17,558 | $-2,061,568 | Down ×1 | ||
| CTSH Cognizant Technology Solutions Corporation - Class A Common Stock | $5,612,442 | 0.73% | 144,912 | $-11,093,838 | Down ×1 | ||
| VSEC VSE Corporation - Common Stock | $5,496,465 | 0.72% | 24,055 | $1,060,806 | |||
| FDS FactSet Research Systems Inc. Common Stock | $5,127,103 | 0.67% | 22,284 | $161,504 | Down ×1 | ||
| ADBE Adobe Inc. - Common Stock | $4,691,678 | 0.61% | 22,884 | $-2,260,410 | Down ×1 | ||
| VTI | $4,514,214 | 0.59% | 12,199 | $600,857 | Up ×2 | ||
| BRKA | $2,995,400 | 0.39% | 4 | $122,840 | |||
| LLY Eli Lilly and Company Common Stock | $2,942,742 | 0.38% | 2,453 | $686,132 | |||
| SCHR | $2,751,785 | 0.36% | 111,589 | $-24,160 | Up ×1 | ||
| SCHB | $2,480,945 | 0.32% | 85,668 | $291,121 | Down ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $2,377,438 | 0.31% | 7,263 | $240,917 | |||
| CVX Chevron Corporation Common Stock | $2,083,967 | 0.27% | 12,572 | $-541,841 | Down ×2 | ||
| ABBV AbbVie Inc. Common Stock | $1,793,738 | 0.23% | 7,128 | $243,427 | |||
| VIGI Vanguard International Dividend Appreciation ETF | $1,687,937 | 0.22% | 18,076 | $536,630 | Up ×3 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,662,405 | 0.22% | 12,937 | $42,941 | Down ×3 | ||
| BAC Bank of America Corporation Common Stock | $1,441,765 | 0.19% | 25,303 | $208,244 | |||
| DIS Walt Disney Company (The) Common Stock | $1,421,228 | 0.19% | 14,766 | $-1,919 | |||
| CEG Constellation Energy Corporation - Common Stock When-Issued | $1,402,545 | 0.18% | 5,647 | $-189,459 | Down ×1 | ||
| BN Brookfield Corporation Class A Limited Voting Shares | $1,370,461 | 0.18% | 32,178 | $59,476 | Down ×1 | ||
| WMT Walmart Inc. - Common Stock | $1,264,321 | 0.17% | 11,163 | $-181,801 | Down ×1 | ||
| TPL Texas Pacific Land Corporation Common Stock | $1,237,646 | 0.16% | 2,828 | $-104,410 | |||
| BK The Bank of New York Mellon Corporation Common Stock | $1,138,659 | 0.15% | 7,874 | $204,566 | |||
| PM Philip Morris International Inc Common Stock | $1,105,377 | 0.14% | 6,110 | $95,134 | |||
| XOM Exxon Mobil Corporation Common Stock | $1,090,952 | 0.14% | 7,979 | $-262,843 | |||
| WEC WEC Energy Group, Inc. Common Stock | $1,076,385 | 0.14% | 9,218 | $9,218 | |||
| BND Vanguard Total Bond Market ETF | $1,022,295 | 0.13% | 13,926 | $-5,920 | Down ×2 | ||
| TT Trane Technologies plc | $1,020,630 | 0.13% | 2,078 | $154,644 | |||
| KO Coca-Cola Company (The) Common Stock | $1,016,850 | 0.13% | 12,512 | $128,662 | Up ×1 | ||
| MCD McDonald's Corporation Common Stock | $993,761 | 0.13% | 3,676 | $-148,819 | |||
| SCHA | $937,575 | 0.12% | 25,950 | $185,798 | Up ×3 | ||
| OKE ONEOK, Inc. Common Stock | $934,589 | 0.12% | 10,750 | $-37,087 | |||
| ED Consolidated Edison, Inc. Common Stock | $929,071 | 0.12% | 8,398 | $-21,415 | |||
| SCHM | $873,045 | 0.11% | 23,679 | $123,596 | Down ×1 | ||
| GLW Corning Incorporated Common Stock | $868,717 | 0.11% | 3,401 | $406,283 | |||
| PSA Public Storage Common Stock | $861,590 | 0.11% | 2,707 | $128,381 | |||
| D Dominion Energy, Inc. Common Stock | $852,135 | 0.11% | 12,478 | $73,316 | Down ×2 | ||
| PLD Prologis, Inc. Common Stock | $848,031 | 0.11% | 6,260 | $20,596 | |||
| ITW Illinois Tool Works Inc. Common Stock | $815,467 | 0.11% | 3,015 | $30,693 | |||
| SCHY | $739,848 | 0.10% | 23,317 | $449,367 | Up ×1 | ||
| ABT Abbott Laboratories Common Stock | $728,970 | 0.10% | 8,034 | $-95,841 | |||
| GLD | $727,551 | 0.10% | 1,975 | $-52,565 | Up ×2 | ||
| WELL Welltower Inc. Common Stock | $709,582 | 0.09% | 3,126 | $91,476 | |||
| CNI Canadian National Railway Company Common Stock | $691,950 | 0.09% | 5,803 | $-10,237,126 | Down ×1 | ||
| MDLZ Mondelez International, Inc. - Class A Common Stock | $670,810 | 0.09% | 11,598 | $2,320 | |||
| COST Costco Wholesale Corporation - Common Stock | $662,313 | 0.09% | 708 | $-43,159 | |||
| DUK Duke Energy Corporation (Holding Company) Common Stock | $652,237 | 0.09% | 5,153 | $-22,466 | |||
| GNR | $639,714 | 0.08% | 9,504 | $368,737 | Up ×1 | ||
| XLK XLK | $632,336 | 0.08% | 3,319 | $302,212 | Up ×1 | ||
| GIS General Mills, Inc. Common Stock | $631,376 | 0.08% | 18,143 | $57,295 | Up ×1 | ||
| TTE TotalEnergies SE Ordinary Shares | $617,803 | 0.08% | 7,945 | ||||
| NSC Norfolk Southern Corporation Common Stock | $559,970 | 0.07% | 1,780 | $-8,290 | Down ×2 | ||
| MO Altria Group, Inc. | $529,691 | 0.07% | 7,362 | $43,877 | |||
| USB U.S. Bancorp Common Stock | $526,446 | 0.07% | 8,716 | $73,127 | |||
| NVS Novartis AG Common Stock | $522,034 | 0.07% | 3,331 | $13,224 | |||
| EWC | $509,768 | 0.07% | 8,844 | Up ×1 | |||
| PFE Pfizer, Inc. Common Stock | $493,730 | 0.06% | 20,504 | $-68,003 | Up ×1 | ||
| SMH SMH | $470,929 | 0.06% | 718 | $164,209 | Down ×1 | ||
| O Realty Income Corporation Common Stock | $460,937 | 0.06% | 7,439 | $-9,921 | Down ×1 | ||
| PECO Phillips Edison & Company, Inc. - Common Stock | $458,694 | 0.06% | 11,021 | $46,288 | |||
| OTTR Otter Tail Corporation - Common Stock | $449,900 | 0.06% | 5,000 | $11,050 | |||
| QQQ Invesco QQQ Trust, Series 1 | $445,522 | 0.06% | 605 | $96,328 | |||
| HD Home Depot, Inc. (The) Common Stock | $434,502 | 0.06% | 1,232 | $-20,024 | Down ×2 | ||
| LHX L3Harris Technologies, Inc. Common Stock | $422,227 | 0.06% | 1,453 | $-79,276 | |||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $416,045 | 0.05% | 3,566 | $-105,443 | Up ×2 | ||
| SCHD | $410,601 | 0.05% | 12,949 | $13,337 | |||
| AVGO Broadcom Inc. - Common Stock | $398,149 | 0.05% | 1,054 | $71,925 | |||
| APAM Artisan Partners Asset Management Inc. Class A Common Stock | $396,247 | 0.05% | 11,475 | $-21,344 | |||
| MFC Manulife Financial Corporation Common Stock | $391,205 | 0.05% | 9,657 | $58,618 | |||
| FDX FedEx Corporation Common Stock | $374,503 | 0.05% | 1,196 | $-51,488 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| CTSH | Trimmed | -127K | -$11.1M |
| GOOGL | Trimmed | -348 | +$6.9M |
| AAPL | Trimmed | -2K | +$5.6M |
| NVDA | Bought more | +9K | +$4.9M |
| ACN | Bought more | +61K | +$4.5M |
| BRKB | Trimmed | -1K | +$3.8M |
| PAYX | Bought more | +31K | +$3.5M |
| V | Trimmed | -92 | +$3.1M |
| BKNG | Bought more | +172K | +$2.8M |
| SYK | Bought more | +9K | +$2.7M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| UNH | Dec. 31, 2025 | 34,117 | $11,780,600 | 17.3% |
| SBUX | March 31, 2025 | 121,118 | $11,052,040 | 5.7% |
| ORCL | March 31, 2026 | 43,184 | $8,416,993 | -0.4% |
| ULTA | June 30, 2025 | 19,629 | $7,194,814 | 10.8% |
| UPS | Sept. 30, 2025 | 54,507 | $5,501,963 | 23.7% |
| MOH | Dec. 31, 2025 | 28,119 | $5,380,852 | 14.2% |
| NKE | March 31, 2025 | 61,127 | $4,625,480 | -36.1% |
| PHM | June 30, 2025 | 38,214 | $3,928,399 | 21.5% |
| ERIE | June 30, 2026 | 10,732 | $2,697,059 | 8.8% |
| HRL | Sept. 30, 2025 | 34,026 | $1,029,287 | -3.1% |
| JNPR | Sept. 30, 2025 | 6,200 | $247,566 | No longer tracked |
| SASR | June 30, 2025 | 8,272 | $231,202 | No longer tracked |
| IAU | Dec. 31, 2025 | 2,850 | $207,395 | No longer tracked |
| BHRB | June 30, 2025 | 3,540 | $198,629 | 19.9% |
| BFB | Sept. 30, 2025 | 6,939 | $186,728 | No longer tracked |
| BP | June 30, 2025 | 5,513 | $186,284 | 51.1% |
| HON | June 30, 2026 | 816 | $184,440 | -1.9% |
| MAR | Dec. 31, 2025 | 657 | $171,109 | 15.1% |
| VTEB | June 30, 2025 | 3,305 | $163,994 | No longer tracked |
| MET | March 31, 2025 | 1,961 | $160,567 | 17.9% |
| BMY | Sept. 30, 2025 | 3,364 | $155,720 | 46.5% |
| EW | Dec. 31, 2025 | 1,929 | $150,018 | 4.8% |
| CMCSA | Dec. 31, 2025 | 4,352 | $136,740 | -5.5% |
| BAH | June 30, 2026 | 1,400 | $109,242 | 26.6% |
| SCHO | March 31, 2025 | 1,270 | $30,556 | No longer tracked |