Tandem Investment Advisors, Inc.
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| AMPHENOL CORP | APH | $92.1M | 522,227 | +1.96pp | 17q | -23.1%-$27.6M | |
| NEXTERA ENERGY INC | NEE | $77.3M | 881,015 | +0.16pp | 31q | -20.1%-$19.5M | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $66.4M | 539,355 | -1.10pp | 31q | -25.1%-$22.2M | |
| TERRENO RLTY CORP | TRNO | $65.9M | 1,017,056 | +0.78pp | 15q | -15.7%-$12.3M | |
| MICROSOFT CORP | MSFT | $65.0M | 174,326 | +0.14pp | 31q | -25.0%-$21.7M | |
| RESMED INC | RMD | $64.3M | 329,854 | -0.50pp | 31q | -24.5%-$20.9M | |
| STERIS PLC | STEXXXX | $62.7M | 297,826 | -0.10pp | 16q | -24.9%-$20.8M | |
| HENRY JACK & ASSOC INC | JKHY | $58.7M | 426,009 | -0.50pp | 19q | -25.4%-$20.0M | |
| BROWN & BROWN INC | BRO | $57.1M | 889,649 | +0.03pp | 31q | -24.9%-$19.0M | |
| STRYKER CORPORATION | SYK | $56.3M | 178,927 | +0.03pp | 31q | -22.9%-$16.8M | |
| ROPER TECHNOLOGIES INC | ROP | $54.1M | 160,003 | -0.05pp | 17q | -24.5%-$17.6M | |
| CHURCH & DWIGHT CO INC | CHD | $53.3M | 549,790 | +0.20pp | 17q | -25.3%-$18.1M | |
| VISA INC | V | $46.4M | 135,323 | +0.39pp | 24q | -26.2%-$16.5M | |
| BLACKROCK INC | BLKXXXX | $45.9M | 47,744 | +0.12pp | 26q | -23.8%-$14.3M | |
| MASTERCARD INCORPORATED | MA | $44.1M | 85,826 | +0.18pp | 17q | -24.1%-$14.0M | |
| ABBOTT LABORATORIES | ABT | $43.2M | 476,553 | -0.28pp | 31q | -24.4%-$14.0M | |
| PROCTER & GAMBLE CO | PG | $42.7M | 291,482 | +0.68pp | 31q | -5.6%-$2.5M | |
| REPUBLIC SVCS INC | RSG | $40.9M | 192,002 | +0.55pp | 31q | -5.8%-$2.5M | |
| WASTE CONNECTIONS INC | WCN | $40.7M | 244,098 | +0.15pp | 31q | -24.7%-$13.3M | |
| MCDONALDS CORP | MCD | $37.2M | 137,575 | +1.17pp | 2q | +58.5%+$13.7M | |
| EXPEDITORS INTL WASH INC | EXPD | $35.9M | 220,011 | +0.30pp | 31q | -26.3%-$12.8M | |
| ZOETIS INC | ZTS | $35.8M | 498,095 | -1.54pp | 7q | -26.7%-$13.1M | |
| JOHNSON & JOHNSON | JNJ | $34.6M | 136,198 | +0.20pp | 31q | -22.9%-$10.3M | |
| COSTCO WHOLESALE CORPORATION | COST | $31.5M | 33,676 | -0.01pp | 31q | -22.4%-$9.1M | |
| INTUIT | INTU | $27.2M | 104,162 | -1.12pp | 4q | -25.0%-$9.1M | |
| VERISK ANALYTICS INC | VRSK | $26.3M | 146,646 | -0.05pp | 31q | -24.9%-$8.7M | |
| PEPSICO INC | PEP | $26.2M | 193,158 | - | new | NEW | |
| ROLLINS INC | ROL | $25.7M | 615,789 | - | new | NEW | |
| Wisconsin Energy | $20.4M | 174,860 | +0.06pp | 8q | -23.9%-$6.4M | ||
| CINTAS CORP | CTAS | $20.0M | 117,838 | - | new | NEW | |
| BROADRIDGE FINL SOLUTIONS IN | BR | $19.2M | 139,968 | -0.19pp | 3q | -24.4%-$6.2M | |
| NASDAQ INC | NDAQ | $17.9M | 226,710 | +0.52pp | 2q | +38.5%+$5.0M | |
| BECTON DICKINSON & CO | BDX | $13.9M | 92,167 | -0.92pp | 31q | -61.7%-$22.4M | |
| MEDPACE HLDGS INC | MEDP | $5.0M | 9,358 | +0.05pp | 6q | -21.6%-$1.4M | |
| FORTINET INC | FTNT | $4.6M | 29,858 | +0.15pp | 4q | -24.2%-$1.5M | |
| IDEXX LABS INC | IDXX | $4.4M | 8,389 | +0.01pp | 7q | -19.1%-$1.0M | |
| QUALYS INC | QLYS | $4.0M | 29,188 | +0.11pp | 19q | -22.4%-$1.2M | |
| OREILLY AUTOMOTIVE INC | ORLY | $3.4M | 36,587 | +0.03pp | 31q | -15.9%-$635.8K | |
| INTUITIVE SURGICAL INC | ISRG | $3.1M | 7,793 | -0.02pp | 17q | -21.8%-$866.1K | |
| AKAMAI TECHNOLOGIES INC | AKAM | $2.5M | 20,732 | +0.02pp | 17q | -19.8%-$606.3K | |
| TYLER TECHNOLOGIES INC | TYL | $2.1M | 7,246 | -0.01pp | 31q | -21.7%-$587.6K | |
| SYNOPSYS INC | SNPS | $1.9M | 4,271 | +0.02pp | 4q | -20.9%-$504.1K | |
| ABBVIE INC | ABBV | $1.7M | 6,933 | +0.03pp | 31q | -17.2%-$362.9K | |
| MONSTER BEVERAGE CORP NEW | MNST | $1.4M | 14,979 | - | new | NEW | |
| ADOBE INC | ADBE | $1.1M | 5,146 | -0.08pp | 6q | -59.4%-$1.5M | |
| CBOE GLOBAL MKTS INC | CBOE | $837.5K | 3,451 | -0.03pp | 26q | -43.1%-$635.3K | |
| TJX COS INC NEW | TJX | $829.5K | 5,475 | +0.01pp | 31q | -2.0%-$16.5K | |
| APPLE INC | AAPL | $561.9K | 1,942 | flat | 31q | -31.2%-$254.3K | |
| ROYAL BK CDA | RY | $558.8K | 2,700 | +0.01pp | 12q | -4.8%-$28.4K | |
| WALMART INC | WMT | $486.0K | 4,291 | flat | 12q | -21.9%-$136.0K | |
| AUTOMATIC DATA PROCESSING IN | ADP | $461.6K | 2,061 | -1.60pp | 26q | -98.7%-$36.2M | |
| FASTENAL CO | FAST | $441.4K | 9,190 | flat | 12q | -25.6%-$152.1K | |
| ALTRIA GROUP INC | MO | $430.5K | 5,984 | flat | 31q | -40.7%-$295.1K | |
| PHILIP MORRIS INTL INC | PM | $428.4K | 2,368 | -0.01pp | 12q | -55.6%-$535.7K | |
| BLACKSTONE INC | BX | $402.7K | 3,422 | +0.01pp | 12q | -2.5%-$10.4K | |
| COCA COLA CO | KO | $391.6K | 4,818 | flat | 12q | -32.5%-$188.4K | |
| Alphabet | $344.5K | 975 | +0.01pp | 25q | -20.0%-$86.2K | ||
| TRUIST FINL CORP | TFC | $325.7K | 6,538 | +0.01pp | 2q | HELD | |
| LOWES COS INC | LOW | $288.8K | 1,310 | flat | 4q | -37.4%-$172.9K | |
| HOME DEPOT INC | HD | $275.1K | 780 | +0.01pp | 31q | -2.0%-$5.6K | |
| NVIDIA CORPORATION | NVDA | $251.1K | 1,255 | - | new | NEW | |
| ACCENTURE PLC IRELAND | ACN | $244.5K | 1,965 | -0.01pp | 31q | -35.3%-$133.6K | |
| AMAZON COM INC | AMZN | $241.9K | 1,015 | flat | 25q | -31.1%-$109.2K | |
| MSCI INC | MSCI | $236.3K | 422 | flat | 4q | -24.5%-$76.7K | |
| BADGER METER INC | BMI | $231.8K | 1,562 | flat | 4q | -16.2%-$45.0K | |
| GENERAL ELECTRIC CO | GEXXXX | $220.9K | 591 | flat | 4q | -22.3%-$63.5K | |
| FACTSET RESH SYS INC | FDS | $207.1K | 900 | flat | 31q | -5.4%-$11.7K | |
| GOOGLE INC | $202.3K | 566 | flat | 16q | -41.4%-$142.9K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $187.0M | 12.5% |
| Utilities | $158.9M | 10.6% |
| Business Services | $138.3M | 9.3% |
| Medical Devices | $137.7M | 9.2% |
| Biotech & Pharma | $124.7M | 8.4% |
| Chemicals | $96.0M | 6.4% |
| Retail & Consumer | $94.7M | 6.3% |
| Semiconductors & Electronics | $92.3M | 6.2% |
| Capital Markets | $85.5M | 5.7% |
| Real Estate | $65.9M | 4.4% |
| Insurance | $57.1M | 3.8% |
| Instruments & Controls | $54.4M | 3.6% |
| Other sectors | $70.7M | 4.7% |
| Not classified | $129.8M | 8.7% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.5B | 68 | 5 | 2 | 60 | 20 | 44.6% | 31 |
| Q1 2026 | $2.0B | 83 | 12 | 12 | 57 | 11 | 44.9% | 37 |
| Q4 2025 | $2.7B | 82 | 9 | 17 | 51 | 7 | 46.1% | 40 |
| Q3 2025 | $2.9M | 80 | 13 | 39 | 19 | 2 | 45.3% | 34 |
| Q2 2025 | $2.9M | 69 | 4 | 32 | 27 | 5 | 45.1% | 31 |
| Q1 2025 | $2.9M | 70 | 4 | 31 | 28 | 18 | 43.9% | 28 |
| Q4 2024 | $2.6M | 84 | 7 | 29 | 34 | 9 | 43.4% | 34 |
| Q3 2024 | $2.6M | 86 | 12 | 33 | 32 | 7 | 43.4% | 31 |
| Q2 2024 | $2.5M | 81 | 1 | 41 | 33 | 8 | 40.7% | 32 |
| Q1 2024 | $2.6M | 88 | 13 | 33 | 38 | 6 | 40.4% | 30 |
| Q4 2023 | $2.5M | 81 | 5 | 17 | 56 | 5 | 37.8% | 31 |
| Q3 2023 | $2.4B | 81 | 11 | 45 | 19 | 5 | 37.8% | 30 |
| Q2 2023 | $2.3M | 75 | 4 | 42 | 26 | 8 | 38.2% | 19 |
| Q1 2023 | $2.1M | 79 | 3 | 45 | 29 | 12 | 39.1% | 110 |
| Q4 2022 | $1.9M | 88 | 10 | 40 | 35 | 4 | 38.8% | 37 |
| Q3 2022 | $1.8B | 82 | 6 | 42 | 29 | 1 | 38.9% | 31 |
| Q2 2022 | $1.7B | 77 | 11 | 45 | 18 | 5 | 40.1% | 76 |
| Q1 2022 | $1.6B | 71 | 2 | 38 | 29 | 14 | 42.3% | 32 |
| Q4 2021 | $1.5B | 83 | 11 | 50 | 16 | 6 | 43.6% | 20 |
| Q3 2021 | $1.2B | 78 | 5 | 43 | 17 | 1 | 45.6% | 15 |
| Q2 2021 | $1.2B | 74 | 9 | 41 | 20 | 2 | 45.8% | 12 |
| Q1 2021 | $1.0B | 67 | 4 | 38 | 20 | 10 | 45.2% | 13 |
| Q4 2020 | $931.5M | 73 | 5 | 44 | 17 | 1 | 44.3% | 13 |
| Q3 2020 | $815.6M | 69 | 3 | 39 | 22 | 1 | 42.8% | 14 |
| Q2 2020 | $741.4M | 67 | 9 | 43 | 11 | 5 | 42.2% | 30 |
| Q1 2020 | $673.5M | 63 | 6 | 37 | 17 | 9 | 38.4% | 14 |
| Q4 2019 | $597.0M | 66 | 9 | 37 | 12 | 4 | 41.7% | 15 |
| Q3 2019 | $551.8M | 61 | 0 | 32 | 24 | 4 | 40.9% | 22 |
| Q2 2019 | $527.6M | 65 | 3 | 40 | 20 | 7 | 41.2% | 17 |
| Q1 2019 | $453.7M | 69 | 4 | 37 | 26 | 4 | 40.9% | 15 |
| Q4 2018 | $385.3M | 69 | 0 | 0 | 0 | 0 | 39.7% | 25 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.