PARTHENON LLC

Q3 2025 13F-HR Holdings

Location
Louisville, KY
Holdings as of
9/30/2025
Date filed
10/31/2025
Form type
13F-HR
Num holdings
129
Total value ($000)
$902,507
Net value change ($000)
+28,367 (3.2%)
New positions
4
Sold out positions
1
Turnover %
0.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/29/2025 Next filing: 1/23/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
GOOGL 9,653 32.8%
GOOGL 6,501 26.5%
AAPL 6,378 23.5%
GLW 6,274 49.0%
ICLR 4,948 54.9%
JNJ 3,868 20.3%
FAST 3,856 16.9%
JPM 1,240 10.0%
VOO 1,128 13.9%
CLAR 1,001 65.9%
Top Reduces (Value $000, Stocks/ETFs)
PAYX -5,066 -13.9%
WAT -2,002 -18.1%
DOV -1,939 -9.9%
META -1,833 -3.5%
PG -1,713 -7.5%
BKNG -1,575 -7.7%
SYK -1,320 -8.7%
ABT -1,110 -27.6%
LSTR -1,050 -11.2%
MDLZ -1,012 -9.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type