# Vantage Investment Partners, LLC

> Institutional holdings reported to the SEC as of Q1 2026 on Form 13F. CIK 1534561. Source: https://holderbook.com/funds/1534561-vantage-investment-partners-llc/

- Reported value: $1.4B
- Positions: 64
- Weight of the ten largest: 42.2%
- Filed: 2026-05-01

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $105.4M | 367,423 | 7.3% | 30 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $81.5M | 301,247 | 5.6% | 28 |
| WATSCO INC | [WSO](https://holderbook.com/stocks/WSO/) | $62.5M | 171,864 | 4.3% | 9 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $59.0M | 927,041 | 4.1% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $55.5M | 149,923 | 3.8% | 30 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $52.2M | 76,583 | 3.6% | 12 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $51.3M | 205,095 | 3.5% | 7 |
| CORPAY INC | [CPAY](https://holderbook.com/stocks/CPAY/) | $49.9M | 171,571 | 3.4% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $48.7M | 279,444 | 3.4% | 28 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $45.8M | 34,704 | 3.2% | 8 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $44.1M | 47,894 | 3.0% | 30 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $43.2M | 127,778 | 3.0% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $43.1M | 169,652 | 3.0% | 30 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $42.1M | 202,274 | 2.9% | 30 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $39.7M | 430,326 | 2.7% | 26 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $39.3M | 68,620 | 2.7% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $36.7M | 76,620 | 2.5% | 4 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $34.9M | 1,090,413 | 2.4% | 14 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $33.7M | 7,997 | 2.3% | 1 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $32.7M | 454,876 | 2.3% | 1 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $30.4M | 54,067 | 2.1% | 5 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $21.2M | 29,952 | 1.5% | 9 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $19.8M | 114,984 | 1.4% | 12 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $19.0M | 98,458 | 1.3% | 24 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $18.6M | 240,269 | 1.3% | 30 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $18.5M | 93,564 | 1.3% | 16 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $17.7M | 85,781 | 1.2% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $17.1M | 58,074 | 1.2% | 30 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $16.9M | 54,464 | 1.2% | 9 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $16.6M | 357,596 | 1.1% | 12 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $16.4M | 27,173 | 1.1% | 30 |
| HEICO CORP NEW | [HEIA](https://holderbook.com/stocks/HEIA/) | $16.3M | 77,261 | 1.1% | 4 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $16.1M | 173,412 | 1.1% | 11 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $15.5M | 43,465 | 1.1% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $14.6M | 47,035 | 1.0% | 30 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $14.6M | 127,062 | 1.0% | 27 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $13.3M | 46,341 | 0.9% | 4 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $13.2M | 56,030 | 0.9% | 30 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $11.9M | 100,995 | 0.8% | 5 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $11.9M | 69,147 | 0.8% | 6 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $10.3M | 194,575 | 0.7% | 25 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $9.8M | 106,021 | 0.7% | 24 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $9.5M | 8,715 | 0.7% | 15 |
| HEICO CORP NEW | [HEI](https://holderbook.com/stocks/HEI/) | $8.4M | 30,551 | 0.6% | 8 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $8.3M | 8,304 | 0.6% | 29 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $7.5M | 16,281 | 0.5% | 23 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $7.4M | 23,158 | 0.5% | 13 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $7.4M | 24,332 | 0.5% | 30 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $7.2M | 14,376 | 0.5% | 30 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $6.8M | 3,564 | 0.5% | 3 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $6.7M | 34,123 | 0.5% | 30 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $6.1M | 14,413 | 0.4% | 11 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $5.6M | 37,113 | 0.4% | 18 |
| ISHARES TR | [GVI](https://holderbook.com/stocks/GVI/) | $1.6M | 15,058 | 0.1% | 8 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.2M | 7,950 | 0.1% | 30 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $891.0K | 11,641 | 0.1% | 30 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $735.1K | 19,132 | 0.1% | 5 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $682.0K | 2,126 | 0.0% | 30 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $487.2K | 2,448 | 0.0% | 1 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $424.9K | 2,806 | 0.0% | 30 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $412.5K | 5,493 | 0.0% | 30 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $340.8K | 524 | 0.0% | 9 |
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $319.0K | 10,365 | 0.0% | 30 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $244.2K | 5,365 | 0.0% | 21 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2026 | -3.5% | -4.6% | +1.2% | 100% |
| Q4 2025 | +2.3% | +2.4% | -0.1% | 100% |
| Q3 2025 | +6.3% | +7.8% | -1.6% | 100% |
| Q2 2025 | +5.8% | +10.5% | -4.7% | 100% |
| Q1 2025 | -3.0% | -4.6% | +1.6% | 100% |
| Q4 2024 | -2.9% | +2.1% | -5.1% | 100% |
| Q3 2024 | +4.9% | +5.4% | -0.6% | 100% |
| Q2 2024 | -1.4% | +4.0% | -5.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2026 | $1.4B | 64 |
| Q4 2025 | $1.5B | 62 |
| Q3 2025 | $1.5B | 62 |
| Q2 2025 | $1.4B | 65 |
| Q1 2025 | $1.2B | 64 |
| Q4 2024 | $1.1B | 62 |
| Q3 2024 | $1.2B | 63 |
| Q2 2024 | $1.1B | 62 |
| Q1 2024 | $1.1B | 62 |
| Q4 2023 | $1.0B | 65 |
| Q3 2023 | $763.1M | 65 |
| Q2 2023 | $772.0M | 65 |