# Tandem Investment Advisors, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1694284. Source: https://holderbook.com/funds/1694284-tandem-investment-advisors-inc/

- Reported value: $1.5B
- Positions: 68
- Weight of the ten largest: 44.6%
- Filed: 2026-07-31

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 |
|---|---|---|---|---|---|
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $92.1M | 522,227 | 6.2% | 17 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $77.3M | 881,015 | 5.2% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $66.4M | 539,355 | 4.4% | 31 |
| TERRENO RLTY CORP | [TRNO](https://holderbook.com/stocks/TRNO/) | $65.9M | 1,017,056 | 4.4% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $65.0M | 174,326 | 4.4% | 31 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $64.3M | 329,854 | 4.3% | 31 |
| STERIS PLC | [STEXXXX](https://holderbook.com/stocks/STEXXXX/) | $62.7M | 297,826 | 4.2% | 16 |
| HENRY JACK & ASSOC INC | [JKHY](https://holderbook.com/stocks/JKHY/) | $58.7M | 426,009 | 3.9% | 19 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $57.1M | 889,649 | 3.8% | 31 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $56.3M | 178,927 | 3.8% | 31 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $54.1M | 160,003 | 3.6% | 17 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $53.3M | 549,790 | 3.6% | 17 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $46.4M | 135,323 | 3.1% | 24 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $45.9M | 47,744 | 3.1% | 26 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $44.1M | 85,826 | 3.0% | 17 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $43.2M | 476,553 | 2.9% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $42.7M | 291,482 | 2.9% | 31 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $40.9M | 192,002 | 2.7% | 31 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $40.7M | 244,098 | 2.7% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $37.2M | 137,575 | 2.5% | 2 |
| EXPEDITORS INTL WASH INC | [EXPD](https://holderbook.com/stocks/EXPD/) | $35.9M | 220,011 | 2.4% | 31 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $35.8M | 498,095 | 2.4% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $34.6M | 136,198 | 2.3% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $31.5M | 33,676 | 2.1% | 31 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $27.2M | 104,162 | 1.8% | 4 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $26.3M | 146,646 | 1.8% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $26.2M | 193,158 | 1.8% | 1 |
| ROLLINS INC | [ROL](https://holderbook.com/stocks/ROL/) | $25.7M | 615,789 | 1.7% | 1 |
| Wisconsin Energy | - | $20.4M | 174,860 | 1.4% | 8 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $20.0M | 117,838 | 1.3% | 1 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $19.2M | 139,968 | 1.3% | 3 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $17.9M | 226,710 | 1.2% | 2 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $13.9M | 92,167 | 0.9% | 31 |
| MEDPACE HLDGS INC | [MEDP](https://holderbook.com/stocks/MEDP/) | $5.0M | 9,358 | 0.3% | 6 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $4.6M | 29,858 | 0.3% | 4 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $4.4M | 8,389 | 0.3% | 7 |
| QUALYS INC | [QLYS](https://holderbook.com/stocks/QLYS/) | $4.0M | 29,188 | 0.3% | 19 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $3.4M | 36,587 | 0.2% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $3.1M | 7,793 | 0.2% | 17 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $2.5M | 20,732 | 0.2% | 17 |
| TYLER TECHNOLOGIES INC | [TYL](https://holderbook.com/stocks/TYL/) | $2.1M | 7,246 | 0.1% | 31 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $1.9M | 4,271 | 0.1% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.7M | 6,933 | 0.1% | 31 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $1.4M | 14,979 | 0.1% | 1 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.1M | 5,146 | 0.1% | 6 |
| CBOE GLOBAL MKTS INC | [CBOE](https://holderbook.com/stocks/CBOE/) | $837.5K | 3,451 | 0.1% | 26 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $829.5K | 5,475 | 0.1% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $561.9K | 1,942 | 0.0% | 31 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $558.8K | 2,700 | 0.0% | 12 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $486.0K | 4,291 | 0.0% | 12 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $461.6K | 2,061 | 0.0% | 26 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $441.4K | 9,190 | 0.0% | 12 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $430.5K | 5,984 | 0.0% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $428.4K | 2,368 | 0.0% | 12 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $402.7K | 3,422 | 0.0% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $391.6K | 4,818 | 0.0% | 12 |
| Alphabet | - | $344.5K | 975 | 0.0% | 25 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $325.7K | 6,538 | 0.0% | 2 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $288.8K | 1,310 | 0.0% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $275.1K | 780 | 0.0% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $251.1K | 1,255 | 0.0% | 1 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $244.5K | 1,965 | 0.0% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $241.9K | 1,015 | 0.0% | 25 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $236.3K | 422 | 0.0% | 4 |
| BADGER METER INC | [BMI](https://holderbook.com/stocks/BMI/) | $231.8K | 1,562 | 0.0% | 4 |
| GENERAL ELECTRIC CO | [GEXXXX](https://holderbook.com/stocks/GEXXXX/) | $220.9K | 591 | 0.0% | 4 |
| FACTSET RESH SYS INC | [FDS](https://holderbook.com/stocks/FDS/) | $207.1K | 900 | 0.0% | 31 |
| GOOGLE INC | - | $202.3K | 566 | 0.0% | 16 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | -5.1% | +14.8% | -20.0% | 94% |
| Q1 2026 | -10.6% | -4.6% | -6.0% | 96% |
| Q4 2025 | -1.4% | +2.4% | -3.8% | 96% |
| Q3 2025 | -2.9% | +7.8% | -10.7% | 96% |
| Q2 2025 | +1.5% | +10.5% | -8.9% | 96% |
| Q1 2025 | +5.7% | -4.6% | +10.3% | 96% |
| Q4 2024 | -2.6% | +2.1% | -4.8% | 97% |
| Q3 2024 | +10.4% | +5.4% | +5.0% | 97% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.5B | 68 |
| Q1 2026 | $2.0B | 83 |
| Q4 2025 | $2.7B | 82 |
| Q3 2025 | $2.9B | 80 |
| Q2 2025 | $2.9B | 69 |
| Q1 2025 | $2.9B | 70 |
| Q4 2024 | $2.6B | 84 |
| Q3 2024 | $2.6B | 86 |
| Q2 2024 | $2.5B | 81 |
| Q1 2024 | $2.6B | 88 |
| Q4 2023 | $2.5B | 81 |
| Q3 2023 | $2.4B | 81 |