# Pantheon Investment Group, LLC

> Institutional holdings reported to the SEC as of Q4 2021 on Form 13F. CIK 1802531. Source: https://holderbook.com/funds/1802531-pantheon-investment-group-llc/

- Reported value: $127.3M
- Positions: 75
- Weight of the ten largest: 40.1%
- Filed: 2022-02-11

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 | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.3M | 2,521 | 5.7% | 9 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.2M | 40,721 | 5.7% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $7.2M | 2,150 | 5.6% | 9 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $6.1M | 24,103 | 4.8% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.0M | 2,087 | 4.8% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.6M | 16,767 | 4.4% | 9 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $3.7M | 7,416 | 2.9% | 9 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $2.7M | 16,284 | 2.1% | 9 |
| MSA SAFETY INC | [MSA](https://holderbook.com/stocks/MSA/) | $2.6M | 17,381 | 2.1% | 9 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $2.5M | 19,533 | 2.0% | 9 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $2.5M | 12,068 | 2.0% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.4M | 15,153 | 1.9% | 9 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $2.4M | 4,224 | 1.9% | 7 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $2.3M | 18,074 | 1.8% | 7 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $2.3M | 9,139 | 1.8% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.3M | 5,443 | 1.8% | 9 |
| MGM GROWTH PPTYS LLC | [MGP](https://holderbook.com/stocks/MGP/) | $2.2M | 54,776 | 1.8% | 9 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.2M | 10,209 | 1.7% | 9 |
| MERCURY GENL CORP NEW | [MCY](https://holderbook.com/stocks/MCY/) | $2.1M | 38,593 | 1.6% | 9 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $1.9M | 2,069 | 1.5% | 7 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.9M | 7,079 | 1.5% | 9 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.8M | 28,335 | 1.4% | 9 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $1.7M | 8,696 | 1.4% | 7 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.6M | 17,161 | 1.2% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.6M | 2,604 | 1.2% | 9 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $1.6M | 85,985 | 1.2% | 5 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.5M | 7,049 | 1.2% | 2 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.5M | 8,332 | 1.2% | 4 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $1.5M | 6,309 | 1.2% | 9 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.5M | 6,565 | 1.2% | 9 |
| HEALTHEQUITY INC | [HQY](https://holderbook.com/stocks/HQY/) | $1.4M | 33,164 | 1.1% | 9 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.4M | 5,155 | 1.1% | 9 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.4M | 10,100 | 1.1% | 9 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.4M | 12,015 | 1.1% | 9 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.4M | 2,464 | 1.1% | 9 |
| ALTERYX INC | [AYX](https://holderbook.com/stocks/AYX/) | $1.4M | 23,195 | 1.1% | 9 |
| TOLL BROTHERS INC | [TOL](https://holderbook.com/stocks/TOL/) | $1.4M | 19,362 | 1.1% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.4M | 7,910 | 1.1% | 9 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $1.4M | 8,158 | 1.1% | 9 |
| ELANCO ANIMAL HEALTH INC | [ELAN](https://holderbook.com/stocks/ELAN/) | $1.3M | 47,567 | 1.1% | 7 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $1.3M | 13,723 | 1.0% | 7 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.2M | 8,727 | 1.0% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.2M | 3,377 | 1.0% | 9 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.2M | 2,108 | 0.9% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.2M | 15,160 | 0.9% | 9 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $1.1M | 2,973 | 0.9% | 5 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $1.1M | 3,202 | 0.9% | 3 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $1.1M | 3,422 | 0.8% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.0M | 6,133 | 0.8% | 9 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $973.0K | 2,352 | 0.8% | 9 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $964.0K | 4,078 | 0.8% | 9 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $856.0K | 14,438 | 0.7% | 9 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $825.0K | 4,833 | 0.6% | 9 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $759.0K | 1,955 | 0.6% | 3 |
| VANGUARD WELLINGTON FD | [VFVA](https://holderbook.com/stocks/VFVA/) | $704.0K | 6,661 | 0.6% | 3 |
| ORGANON & CO | [OGN](https://holderbook.com/stocks/OGN/) | $683.0K | 22,205 | 0.5% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $681.0K | 1,575 | 0.5% | 9 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $627.0K | 1,313 | 0.5% | 7 |
| NORWEGIAN CRUISE LINE HLDGS | [NCLH](https://holderbook.com/stocks/NCLH/) | $594.0K | 29,249 | 0.5% | 1 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $574.0K | 4,212 | 0.5% | 6 |
| ISHARES INC | [EUSA](https://holderbook.com/stocks/EUSA/) | $460.0K | 5,221 | 0.4% | 4 |
| MODERNA INC | [MRNA](https://holderbook.com/stocks/MRNA/) | $442.0K | 1,719 | 0.3% | 1 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $421.0K | 661 | 0.3% | 3 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $412.0K | 1,253 | 0.3% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $382.0K | 4,010 | 0.3% | 9 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $336.0K | 1,631 | 0.3% | 2 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $336.0K | 1,741 | 0.3% | 4 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $296.0K | 4,775 | 0.2% | 5 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $291.0K | 1,330 | 0.2% | 1 |
| RIVIAN AUTOMOTIVE INC | [RIVN](https://holderbook.com/stocks/RIVN/) | $290.0K | 2,691 | 0.2% | 1 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $252.0K | 2,952 | 0.2% | 9 |
| ISHARES TR | [USIG](https://holderbook.com/stocks/USIG/) | $252.0K | 4,202 | 0.2% | 7 |
| ON HLDG AG | [ONON](https://holderbook.com/stocks/ONON/) | $240.0K | 6,698 | 0.2% | 1 |
| GERMAN AMERN BANCORP INC | [GABC](https://holderbook.com/stocks/GABC/) | $230.0K | 5,905 | 0.2% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $217.0K | 645 | 0.2% | 3 |

## 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 |
|---|---|---|---|---|
| Q4 2021 | +8.5% | +10.7% | -2.1% | 100% |
| Q3 2021 | -1.5% | +0.3% | -1.7% | 100% |
| Q2 2021 | +8.3% | +8.0% | +0.3% | 100% |
| Q1 2021 | +2.5% | +6.0% | -3.5% | 100% |
| Q4 2020 | +12.2% | +11.6% | +0.6% | 100% |
| Q3 2020 | +7.5% | +8.6% | -1.1% | 100% |
| Q2 2020 | +19.1% | +19.6% | -0.5% | 100% |
| Q1 2020 | -21.9% | -19.9% | -2.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2021 | $127.3M | 75 |
| Q3 2021 | $116.5M | 74 |
| Q2 2021 | $119.4M | 76 |
| Q1 2021 | $104.2M | 67 |
| Q4 2020 | $91.6M | 68 |
| Q3 2020 | $84.0M | 61 |
| Q2 2020 | $79.7M | 62 |
| Q1 2020 | $66.7M | 49 |
| Q4 2019 | $106.5M | 69 |