Hendershot Investments Inc. Holdings Report (13F Filings)

CIK: 0001541496

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$744.0M

Reporting period: 2026-03-31 · Number of holdings: 129

Hendershot Investments Inc. disclosed 129 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $744.0M and a quarterly turnover rate of 15.7%.

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Personality snowflake

Concentration: 16.74
Portfolio Stability: 15.7
Momentum/Contrarian: 100
Sector conviction: 62.92
Diversification: 100
Sizing Uniformity: 78.94

Hendershot Investments Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.042 — mathematically equivalent to about 24 equally-sized positions, well below its 129 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 2.11), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 60% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Trim GOOGL
-37.2%　-$21.3M
Add JNJ
-1.2%　$5.5M
Trim GOOG
-40.1%　-$4.7M
Trim BKNG
+6.2%　-$5.7M
Add ROST
-0.5%　$2.7M
Trim MSFT
+10.5%　-$4.8M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	13.69%	+0.20%	+0.97%
2	AAPL	Apple INC	Stock-Tech	6.05%	-0.12%	-0.40%
3	TJX	Tjx Companies INC	Stock-Consumer Disc	5.18%	+0.40%	-1.28%
4	JNJ	Johnson & Johnson	Stock-Healthcare	5.15%	+0.97%	-1.19%
5	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	3.91%	-2.51%	-37.24%
6	BKNG	Booking Holdings INC	Stock-Consumer Disc	3.90%	-0.53%	+6.24%
7	MSFT	Microsoft CORP	Stock-Tech	3.54%	-0.42%	+10.53%
8	V	Visa Inc-class A Shares	Stock-Financials	3.09%	-0.30%	+0.31%
9	GD	General Dynamics CORP	Stock-Industrials	3.07%	+0.25%	+1.41%
10	NVDA	Nvidia CORP	Stock-Tech	2.88%	+0.38%	+17.04%
11	PEP	Pepsico INC	Stock-Consumer Staples	2.64%	+0.38%	+2.27%
12	MA	Mastercard INC - A	Stock-Financials	2.52%	-0.10%	+4.20%
13	ADP	Automatic Data Processing	Stock-Tech	2.31%	-0.31%	+6.08%
14	CTSH	Cognizant Tech Solutions-a	Stock-Tech	2.25%	-0.23%	+16.07%
15	AMZN	Amazon.com INC	Stock-Consumer Disc	2.24%	+0.01%	+5.58%
16	ROST	Ross Stores INC	Stock-Consumer Disc	2.17%	+0.45%	-0.48%
17	CPAY	Corpay INC	Stock-Tech	2.08%	+0.40%	+21.56%
18	GPC	Genuine Parts Co	Stock-Consumer Disc	1.77%	-0.20%	-0.76%
19	PG	Procter & Gamble Co/the	Stock-Consumer Staples	1.76%	+0.22%	+7.89%
20	RMD	Resmed INC	Stock-Healthcare	1.71%	+0.02%	+2.84%
21	RTX	Rtx CORP	Stock-Industrials	1.69%	-0.22%	-19.90%
22	TXRH	Texas Roadhouse INC	Stock-Consumer Disc	1.62%	—	+1.18%
23	BR	Broadridge Financial Solutio	Stock-Tech	1.58%	+1.58%	NEW
24	CNI	Canadian Natl Railway Co	Stock-Industrials	1.47%	+0.17%	+2.92%
25	GNTX	Gentex CORP	Stock-Consumer Disc	1.30%	-0.01%	-0.19%
26	TSCO	Tractor Supply Company	Stock-Consumer Disc	1.16%	—	+10.40%
27	FAST	Fastenal Co	Stock-Industrials	1.15%	+0.20%	-0.42%
28	ACN	Accenture plc	Stock-Tech	1.12%	-0.15%	+13.28%
29	KNSL	Kinsale Capital Group INC	Stock-Financials	1.06%	-0.01%	+6.73%
30	META	Meta Platforms Inc-class A	Stock-Comm Services	0.97%	+0.26%	+49.58%
31	AXP	American Express Co	Stock-Financials	0.97%	-0.16%	—
32	PAYX	Paychex INC	Stock-Tech	0.95%	-0.08%	+6.75%
33	ADBE	Adobe INC	Stock-Tech	0.93%	-0.06%	+28.41%
34	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.76%	-0.55%	-40.11%
35	FDS	Factset Research Systems INC	Stock-Financials	0.67%	+0.11%	+50.13%
36	SYK	Stryker CORP	Stock-Healthcare	0.63%	-0.01%	+1.35%
37	VSEC	Vse CORP	Stock-Industrials	0.60%	+0.07%	—
38	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.53%	—	+0.01%
39	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	0.39%	—	—
40	SCHR	Schwab Intermediate-term US	ETF-Other	0.37%	—	-1.10%
41	ERIE	Erie Indemnity Company-cl A	Stock-Financials	0.36%	—	+11.19%
42	CVX	Chevron CORP	Stock-Energy	0.35%	+0.10%	-0.16%
43	LLY	Eli Lilly & Co	Stock-Healthcare	0.30%	-0.04%	-0.08%
44	SCHB	Schwab US Broad Market ETF	ETF-Other	0.29%	—	+1.78%
45	JPM	Jpmorgan Chase & Co	Stock-Financials	0.29%	-0.01%	-0.68%
46	MRK	Merck & Co. INC.	Stock-Healthcare	0.22%	—	-2.93%
47	CEG	Constellation Energy	Stock-Utilities	0.21%	-0.05%	—
48	ABBV	Abbvie INC	Stock-Healthcare	0.21%	—	-7.16%
49	WMT	Walmart INC	Stock-Consumer Staples	0.19%	—	—
50	DIS	Walt Disney Co/the	Stock-Comm Services	0.19%	-0.02%	-0.30%

1–50 of 129

Portfolio Performance

Performance for Q3 2026

+4.9%

Performance Last 4 Quarters

+11.6%

Based on 62% of reported portfolio value with available pricing

Stdev: +12.4%
Beta: +0.83
Alpha: -3.2%
Max Drawdown: -10.1%
Annualized Perf: +11.9%
Batting Avg vs S&P: +36.1%
Sortino: +1.67
Stutzer: +0.28
Treynor: +0.15
Sterling: +0.63
Calmar: +1.18
Information Ratio: -1
Tracking Error: +6.4%
Stdev Down: +7.2%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +31%
Worst 12 Months: +4.3%
Efficiency Ratio: +0.36
Sharpe: +0.98
Stdev Sectors: +10.5%
Skewness: -0.23
Kurtosis: -0.54
Upside Potential: +3.44

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	129	$744.0M	16	1BRK-B 2AAPL 3TJX Top holdings2026-03-31 1.BRK-B 2.AAPL 3.TJX 4.JNJ 5.GOOGL 6.BKNG 7.MSFT 8.V 9.GD 10.NVDA
2025-12-31	124	$784.5M	10	1BRK-B 2GOOGL 3AAPL Top holdings2025-12-31 1.BRK-B 2.GOOGL 3.AAPL 4.TJX 5.BKNG 6.JNJ 7.MSFT 8.V 9.GD 10.MA
2025-09-30	128	$794.4M	23	1BRK-B 2GOOGL 3AAPL Top holdings2025-09-30 1.BRK-B 2.GOOGL 3.AAPL 4.TJX 5.BKNG 6.MSFT 7.JNJ 8.GD 9.V 10.MA
2025-06-30	129	$748.4M	0	1BRK-B 2BKNG 3GOOGL Top holdings2025-06-30 1.BRK-B 2.BKNG 3.GOOGL 4.AAPL 5.TJX 6.MSFT 7.JNJ 8.V 9.ADP 10.MA
2025-03-31	129	$734.7M	100	1BRK-B 2AAPL 3GOOGL Top holdings2025-03-31 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.BKNG 6.JNJ 7.V 8.UNH 9.MSFT 10.ADP
2024-12-31	131	$733.7M	0	1BRK-B 2AAPL 3GOOGL Top holdings2024-12-31 1.BRK-B 2.AAPL 3.GOOGL 4.BKNG 5.TJX 6.MSFT 7.JNJ 8.UNH 9.V 10.ADP
2024-09-30	130	$736.2M	0	1BRK-B 2AAPL 3GOOGL Top holdings2024-09-30 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.BKNG 6.MSFT 7.UNH 8.JNJ 9.ADP 10.GNTX
2024-06-30	131	$695.9M	0	1BRK-B 2AAPL 3GOOGL Top holdings2024-06-30 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.MSFT 6.BKNG 7.JNJ 8.GNTX 9.UNH 10.RTX
2024-03-31	131	$699.4M	0	1BRK-B 2AAPL 3GOOGL Top holdings2024-03-31 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.MSFT 6.JNJ 7.GNTX 8.BKNG 9.UNH 10.GPC
2023-12-31	131	$650.4M	0	1BRK-B 2AAPL 3GOOGL Top holdings2023-12-31 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.JNJ 6.MSFT 7.BKNG 8.UNH 9.GNTX 10.PEP
2023-09-30	134	$596.5M	0	1BRK-B 2AAPL 3GOOGL Top holdings2023-09-30 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.JNJ 6.UNH 7.ORCL 8.GNTX 9.BKNG 10.MSFT
2023-06-30	141	$619.9M	0	1BRK-B 2AAPL 3JNJ Top holdings2023-06-30 1.BRK-B 2.AAPL 3.JNJ 4.GOOGL 5.TJX 6.ORCL 7.MSFT 8.UNH 9.PEP 10.RTX
2023-03-31	143	$594.9M	0	1BRK-B 2AAPL 3JNJ Top holdings2023-03-31 1.BRK-B 2.AAPL 3.JNJ 4.GOOGL 5.TJX 6.ORCL 7.PEP 8.RTX 9.MSFT 10.UNH
2022-12-31	143	$592.7M	0	1BRK-B 2AAPL 3JNJ Top holdings2022-12-31 1.BRK-B 2.AAPL 3.JNJ 4.TJX 5.PEP 6.RTX 7.GOOGL 8.ORCL 9.ADP 10.SEIC
2022-09-30	140	$530.6M	0	1BRK-B 2AAPL 3JNJ Top holdings2022-09-30 1.BRK-B 2.AAPL 3.JNJ 4.GOOGL 5.PEP 6.TJX 7.ADP 8.RTX 9.SEIC 10.UNH
2022-06-30	142	$566.2M	0	1BRK-B 2AAPL 3JNJ Top holdings2022-06-30 1.BRK-B 2.AAPL 3.JNJ 4.UNH 5.GOOGL 6.PEP 7.RTX 8.SEIC 9.ADP 10.ORCL
2022-03-31	145	$654.6M	0	1BRK-B 2AAPL 3JNJ Top holdings2022-03-31 1.BRK-B 2.AAPL 3.JNJ 4.UNH 5.GOOGL 6.SEIC 7.PEP 8.RTX 9.ORCL 10.CTSH
2021-12-31	151	$657.7M	0	1BRK-B 2AAPL 3UNH Top holdings2021-12-31 1.BRK-B 2.AAPL 3.UNH 4.JNJ 5.GOOGL 6.PEP 7.ORCL 8.SEIC 9.ADP 10.TJX
2021-09-30	101	$529.3M	0	1BRK-B 2AAPL 3GOOGL Top holdings2021-09-30 1.BRK-B 2.AAPL 3.GOOGL 4.UNH 5.JNJ 6.ORCL 7.SEIC 8.INTC 9.RTX 10.PEP
2021-06-30	93	$459.7M	97	1BRK-B 2GOOGL 3UNH Top holdings2021-06-30 1.BRK-B 2.GOOGL 3.UNH 4.TROW 5.AAPL 6.JNJ 7.SEIC 8.INTC 9.RTX 10.ORCL
2021-03-31	88	$431.6M	17	1BRK-B 2UNH 3GOOGL Top holdings2021-03-31 1.BRK-B 2.UNH 3.GOOGL 4.JNJ 5.INTC 6.TROW 7.GPC 8.AAPL 9.SEIC 10.MMS
2020-12-31	85	$393.6M	19	1BRK-B 2UNH 3TJX Top holdings2020-12-31 1.BRK-B 2.UNH 3.TJX 4.AAPL 5.JNJ 6.GOOGL 7.TROW 8.BOH 9.GPC 10.SEIC
2020-09-30	81	$351.4M	22	1BRK-B 2UNH 3AAPL Top holdings2020-09-30 1.BRK-B 2.UNH 3.AAPL 4.TJX 5.JNJ 6.GPC 7.GOOGL 8.CTSH 9.TROW 10.INTC
2020-06-30	77	$318.2M	35	1BRK-B 2UNH 3UPS Top holdings2020-06-30 1.BRK-B 2.UNH 3.UPS 4.ORCL 5.AAPL 6.TJX 7.JNJ 8.RTX 9.GPC 10.GOOGL
2020-03-31	82	$272.6M	25	1BRK-B 2ORCL 3UNH Top holdings2020-03-31 1.BRK-B 2.ORCL 3.UNH 4.UPS 5.TJX 6.JNJ 7.GOOGL 8.AAPL 9.BKNG 10.GPC
2019-12-31	82	$337.4M	17	1BRK-B 2TJX 3UPS Top holdings2019-12-31 1.BRK-B 2.TJX 3.UPS 4.AAPL 5.UNH 6.BKNG 7.ORCL 8.UTXZ 9.JNJ 10.GPC
2019-09-30	83	$313.0M	16	1BRK-B 2UPS 3TJX Top holdings2019-09-30 1.BRK-B 2.UPS 3.TJX 4.AAPL 5.BKNG 6.ORCL 7.UTXZ 8.CTSH 9.GPC 10.JNJ
2019-06-30	82	$304.9M	14	1BRK-B 2TJX 3UPS Top holdings2019-06-30 1.BRK-B 2.TJX 3.UPS 4.ABBV 5.AAPL 6.ORCL 7.BKNG 8.CTSH 9.GPC 10.JNJ
2019-03-31	79	$291.9M	19	1BRK-B 2ABBV 3UPS Top holdings2019-03-31 1.BRK-B 2.ABBV 3.UPS 4.TJX 5.CTSH 6.GPC 7.AAPL 8.DIS 9.ORCL 10.JNJ
2018-12-31	69	$253.8M	18	1BRK-B 2ABBV 3DIS Top holdings2018-12-31 1.BRK-B 2.ABBV 3.DIS 4.UPS 5.CTSH 6.TJX 7.GPC 8.JNJ 9.AAPL 10.ORCL
2018-09-30	69	$282.4M	21	1BRK-B 2ABBV 3UPS Top holdings2018-09-30 1.BRK-B 2.ABBV 3.UPS 4.DIS 5.AAPL 6.TJX 7.CTSH 8.ORCL 9.JNJ 10.GPC
2018-06-30	67	$260.2M	17	1AAPL 2BRK-B 3ABBV Top holdings2018-06-30 1.AAPL 2.BRK-B 3.ABBV 4.UPS 5.CTSH 6.DIS 7.TJX 8.ORCL 9.BKNG 10.GOOGL
2018-03-31	67	$246.7M	22	1BRK-B 2AAPL 3ABBV Top holdings2018-03-31 1.BRK-B 2.AAPL 3.ABBV 4.UPS 5.CTSH 6.CNI 7.DIS 8.ORCL 9.NKE 10.BKNG
2017-12-31	69	$248.6M	16	1BRK-B 2AAPL 3ABBV Top holdings2017-12-31 1.BRK-B 2.AAPL 3.ABBV 4.CNI 5.UPS 6.CTSH 7.TROW 8.DIS 9.ORCL 10.NKE
2017-09-30	67	$234.8M	22	1BRK-B 2AAPL 3ABBV Top holdings2017-09-30 1.BRK-B 2.AAPL 3.ABBV 4.CNI 5.UPS 6.CTSH 7.ORCL 8.TROW 9.DIS 10.MA
2017-06-30	67	$222.7M	12	1BRK-B 2AAPL 3ABBV Top holdings2017-06-30 1.BRK-B 2.AAPL 3.ABBV 4.CNI 5.UPS 6.ORCL 7.DIS 8.CTSH 9.NKE 10.BKNG
2017-03-31	68	$215.3M	18	1BRK-B 2AAPL 3ABBV Top holdings2017-03-31 1.BRK-B 2.AAPL 3.ABBV 4.CNI 5.UPS 6.DIS 7.ORCL 8.CTSH 9.NKE 10.BKNG
2016-12-31	64	$208.6M	44	1BRK-B 2AAPL 3ABBV Top holdings2016-12-31 1.BRK-B 2.AAPL 3.ABBV 4.UPS 5.CNI 6.DIS 7.ORCL 8.TROW 9.CTSH 10.WAB
2016-09-30	64	$201.8M	17	1BRK-B 2AAPL 3ABBV Top holdings2016-09-30 1.BRK-B 2.AAPL 3.ABBV 4.UPS 5.CNI 6.DIS 7.ORCL 8.GILD 9.BIIB 10.WAB
2016-06-30	64	$194.6M	53	1BRK-B 2ABBV 3AAPL Top holdings2016-06-30 1.BRK-B 2.ABBV 3.AAPL 4.UPS 5.CNI 6.GILD 7.ORCL 8.CTSH 9.TROW 10.302182
2016-03-31	64	$198.4M	17	1BRK-B 2AAPL 3UPS Top holdings2016-03-31 1.BRK-B 2.AAPL 3.UPS 4.ABBV 5.GILD 6.CNI 7.ORCL 8.CTSH 9.TROW 10.MSFT
2015-12-31	63	$187.1M	27	1BRK-B 2AAPL 3ABBV Top holdings2015-12-31 1.BRK-B 2.AAPL 3.ABBV 4.GILD 5.UPS 6.CNI 7.CTSH 8.ORCL 9.TROW 10.MSFT
2015-09-30	62	$180.0M	61	1BRK-B 2AAPL 3GILD Top holdings2015-09-30 1.BRK-B 2.AAPL 3.GILD 4.UPS 5.ABBV 6.ORCL 7.CTSH 8.CNI 9.PII 10.TROW
2015-06-30	60	$191.1M	12	1BRK-B 2AAPL 3GILD Top holdings2015-06-30 1.BRK-B 2.AAPL 3.GILD 4.ABBV 5.UPS 6.ORCL 7.QCOM 8.CTSH 9.BAX 10.TROW
2015-03-31	60	$189.7M	19	1BRK-B 2AAPL 3ORCL Top holdings2015-03-31 1.BRK-B 2.AAPL 3.ORCL 4.GILD 5.UPS 6.ABBV 7.QCOM 8.FDS 9.CTSH 10.TROW
2014-12-31	59	$190.6M	19	1BRK-B 2AAPL 3ORCL Top holdings2014-12-31 1.BRK-B 2.AAPL 3.ORCL 4.UPS 5.ABBV 6.QCOM 7.PG 8.PEP 9.BAX 10.FDS
2014-09-30	58	$177.6M	59	1BRK-B 2AAPL 3ORCL Top holdings2014-09-30 1.BRK-B 2.AAPL 3.ORCL 4.UPS 5.QCOM 6.PEP 7.ABBV 8.BAX 9.PG 10.ABT
2014-06-30	58	$169.9M	16	1BRK-B 2AAPL 3MSFT Top holdings2014-06-30 1.BRK-B 2.AAPL 3.MSFT 4.ORCL 5.QCOM 6.UPS 7.PEP 8.BAX 9.PG 10.ABBV
2014-03-31	57	$162.2M	19	1BRK-B 2AAPL 3MSFT Top holdings2014-03-31 1.BRK-B 2.AAPL 3.MSFT 4.ORCL 5.QCOM 6.UPS 7.BAX 8.PG 9.PEP 10.ABBV
2013-12-31	57	$154.1M	17	1BRK-B 2AAPL 3MSFT Top holdings2013-12-31 1.BRK-B 2.AAPL 3.MSFT 4.UPS 5.ORCL 6.QCOM 7.GOOG 8.ABBV 9.ABT 10.BAX
2013-09-30	57	$142.2M	23	1BRK-B 2AAPL 3MSFT Top holdings2013-09-30 1.BRK-B 2.AAPL 3.MSFT 4.UPS 5.EMR 6.ORCL 7.QCOM 8.ABBV 9.CSCO 10.TPR
2013-06-30	57	$132.0M	0	1BRK-B 2MSFT 3JNJ Top holdings2013-06-30 1.BRK-B 2.MSFT 3.JNJ 4.UPS 5.AAPL 6.EMR 7.CSCO 8.931422 9.TPR 10.BAX

Holding changes this quarter

Hendershot Investments Inc.'s most significant position changes for 2026-03-31: New buy: Broadridge Financial Solutio (BR); Sold out: Oracle CORP (ORCL); New buy: Totalenergies Se (TTE); New buy: General Mills INC (GIS); Sold out: Totalenergies Se -spon Adr (TTEN).

Position changes disclosed by Hendershot Investments Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	JNJ	Johnson & Johnson	+1%	-1.19%	Trim
2	ROST	Ross Stores INC	+0.5%	-0.48%	Trim
3	CPAY	Corpay INC	+0.4%	+21.56%	Add
4	TJX	Tjx Companies INC	+0.4%	-1.28%	Trim
5	PEP	Pepsico INC	+0.4%	+2.27%	Add
6	NVDA	Nvidia CORP	+0.4%	+17.04%	Add
7	META	Meta Platforms Inc-class A	+0.3%	+49.58%	Add
8	GD	General Dynamics CORP	+0.3%	+1.41%	Add
9	PG	Procter & Gamble Co/the	+0.2%	+7.89%	Add
10	BRK-B	Berkshire Hathaway Inc-cl B	+0.2%	+0.97%	Add
11	FAST	Fastenal Co	+0.2%	-0.42%	Trim
12	CNI	Canadian Natl Railway Co	+0.2%	+2.92%	Add
13	FDS	Factset Research Systems INC	+0.1%	+50.13%	Add
14	CVX	Chevron CORP	+0.1%	-0.16%	Trim
15	VSEC	Vse CORP	+0.1%	—	Unchanged
16	XOM	Exxon Mobil CORP	+0.1%	-1.43%	Trim
17	TPL	Texas Pacific Land CORP	+0.1%	-17.09%	Trim
18	VIGI	Vanguard Int Div App Indx Fd	0%	+38.99%	Add
19	RMD	Resmed INC	0%	+2.84%	Add
20	AMZN	Amazon.com INC	0%	+5.58%	Add
21	GNTX	Gentex CORP	0%	-0.19%	Trim
22	KNSL	Kinsale Capital Group INC	0%	+6.73%	Add
23	SYK	Stryker CORP	0%	+1.35%	Add
24	JPM	Jpmorgan Chase & Co	0%	-0.68%	Trim
25	DIS	Walt Disney Co/the	0%	-0.30%	Trim
26	LLY	Eli Lilly & Co	0%	-0.08%	Trim
27	CEG	Constellation Energy	-0.1%	—	Unchanged
28	ADBE	Adobe INC	-0.1%	+28.41%	Add
29	PAYX	Paychex INC	-0.1%	+6.75%	Add
30	MA	Mastercard INC - A	-0.1%	+4.20%	Add
31	AAPL	Apple INC	-0.1%	-0.40%	Trim
32	ACN	Accenture plc	-0.2%	+13.28%	Add
33	AXP	American Express Co	-0.2%	—	Unchanged
34	GPC	Genuine Parts Co	-0.2%	-0.76%	Trim
35	RTX	Rtx CORP	-0.2%	-19.90%	Trim
36	CTSH	Cognizant Tech Solutions-a	-0.2%	+16.07%	Add
37	V	Visa Inc-class A Shares	-0.3%	+0.31%	Add
38	ADP	Automatic Data Processing	-0.3%	+6.08%	Add
39	MSFT	Microsoft CORP	-0.4%	+10.53%	Add
40	BKNG	Booking Holdings INC	-0.5%	+6.24%	Add
41	GOOG	Alphabet Inc-cl C	-0.6%	-40.11%	Trim
42	GOOGL	Alphabet Inc-cl A	-2.5%	-37.24%	Trim
43	BR	Broadridge Financial Solutio	—	NEW	New buy
44	ORCL	Oracle CORP	—	EXIT	Sold out
45	TTE	Totalenergies Se	—	NEW	New buy
46	GIS	General Mills INC	—	NEW	New buy
47	TTEN	Totalenergies Se -spon Adr	—	EXIT	Sold out
48	SCHY	Schwab International Dvd ETF	—	NEW	New buy
49	GNR	State Street Spdr S&p Global	—	NEW	New buy
50	WM	Waste Management INC	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-27	13F-HR	View on EDGAR
2025-12-31	2026-01-26	13F-HR	View on EDGAR
2025-09-30	2025-11-12	13F-HR	View on EDGAR
2025-06-30	2025-08-13	13F-HR	View on EDGAR
2025-03-31	2025-05-06	13F-HR	View on EDGAR
2024-12-31	2025-01-28	13F-HR	View on EDGAR
2024-09-30	2024-11-15	13F-HR	View on EDGAR
2024-06-30	2024-08-05	13F-HR	View on EDGAR
2024-03-31	2024-04-22	13F-HR	View on EDGAR
2023-12-31	2024-01-26	13F-HR	View on EDGAR
2023-09-30	2023-10-23	13F-HR	View on EDGAR
2023-06-30	2023-08-09	13F-HR	View on EDGAR
2023-03-31	2023-04-25	13F-HR	View on EDGAR
2022-12-31	2023-01-24	13F-HR	View on EDGAR
2022-09-30	2022-11-01	13F-HR	View on EDGAR
2022-06-30	2022-07-22	13F-HR	View on EDGAR
2022-03-31	2022-05-06	13F-HR	View on EDGAR
2021-12-31	2022-02-04	13F-HR	View on EDGAR
2021-09-30	2021-10-26	13F-HR	View on EDGAR
2021-06-30	2021-07-28	13F-HR	View on EDGAR
2021-03-31	2021-05-03	13F-HR	View on EDGAR
2020-12-31	2021-01-25	13F-HR	View on EDGAR
2020-09-30	2020-10-30	13F-HR	View on EDGAR
2020-06-30	2020-08-10	13F-HR	View on EDGAR
2020-03-31	2020-04-20	13F-HR	View on EDGAR
2019-12-31	2020-02-03	13F-HR	View on EDGAR
2019-09-30	2019-10-29	13F-HR	View on EDGAR
2019-06-30	2019-07-31	13F-HR	View on EDGAR
2019-03-31	2019-05-07	13F-HR	View on EDGAR
2018-12-31	2019-01-29	13F-HR	View on EDGAR
2018-09-30	2018-10-17	13F-HR	View on EDGAR
2018-06-30	2018-07-31	13F-HR	View on EDGAR
2018-03-31	2018-04-17	13F-HR	View on EDGAR
2017-12-31	2018-01-22	13F-HR	View on EDGAR
2017-09-30	2017-10-31	13F-HR	View on EDGAR
2017-06-30	2017-07-18	13F-HR	View on EDGAR
2017-03-31	2017-05-12	13F-HR	View on EDGAR
2016-12-31	2017-02-09	13F-HR	View on EDGAR
2016-09-30	2016-11-01	13F-HR	View on EDGAR
2016-06-30	2016-07-26	13F-HR	View on EDGAR
2016-03-31	2016-05-02	13F-HR	View on EDGAR
2015-12-31	2016-02-03	13F-HR	View on EDGAR
2015-09-30	2015-11-06	13F-HR	View on EDGAR
2015-06-30	2015-07-27	13F-HR	View on EDGAR
2015-03-31	2015-04-29	13F-HR	View on EDGAR
2014-12-31	2015-02-02	13F-HR	View on EDGAR
2014-09-30	2014-11-12	13F-HR	View on EDGAR
2014-06-30	2014-08-08	13F-HR	View on EDGAR
2014-03-31	2014-05-12	Amendment	View on EDGAR
2014-03-31	2014-05-08	13F-HR	View on EDGAR
2013-12-31	2014-01-30	13F-HR	View on EDGAR
2013-09-30	2013-11-08	13F-HR	View on EDGAR
2013-06-30	2013-08-05	13F-HR	View on EDGAR

FAQ

What is Hendershot Investments Inc. and what type of investor is it?

Hendershot Investments Inc. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $744.0M, spread across 129 disclosed positions.

What are Hendershot Investments Inc.'s largest equity positions?

Based on the latest 13F filing, Hendershot Investments Inc.'s top holdings by market value are: 1. Berkshire Hathaway Inc-cl B (BRK-B) — $101.8M (13.7%) 2. Apple INC (AAPL) — $45.0M (6.0%) 3. Tjx Companies INC (TJX) — $38.5M (5.2%) 4. Johnson & Johnson (JNJ) — $38.3M (5.2%) 5. Alphabet Inc-cl A (GOOGL) — $29.1M (3.9%)

What changes did Hendershot Investments Inc. make in its most recent portfolio filing?

In the latest reported quarter, Hendershot Investments Inc. made 47 notable position adjustments: 6 new positions were initiated, 23 existing holdings were added to, 16 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Broadridge Financial Solutio (BR); Sold out: Oracle CORP (ORCL); New buy: Totalenergies Se (TTE); New buy: General Mills INC (GIS); Sold out: Totalenergies Se -spon Adr (TTEN)

What sectors does Hendershot Investments Inc. focus on?

Hendershot Investments Inc. is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 34.8% • Information Technology: 22.4% • Consumer Discretionary: 10.6% • Health Care: 10.1% • Communication Services: 9.7% • Consumer Staples: 8.2%

Peer Institutions

Institutions with a similar AUM

AH Equity Partners III, L.L.C.

CIK 0001540361

Total reported value

$743.9M

13 stks

2022-09-30

Stale — no recent filing

Concentration100.0

Portfolio Stability0.0

Sector conviction100.0

AUM within 0.0% of this institution

View detail

SkyView Investment Advisors, LLC

CIK 0001848237

Total reported value

$743.3M

318 stks

2026-03-31

Concentration16.3

Portfolio Stability14.0

Sector conviction47.9

AUM within 0.1% of this institution

View detail

Knightsbridge Asset Management, LLC

CIK 0001332811

Total reported value

$743.0M

262 stks

2026-03-31

Concentration17.2

Portfolio Stability44.3

Sector conviction54.3

AUM within 0.1% of this institution

View detail

Similar Holdings Style

Institutions with overlapping top holdings

Boenning & Scattergood, INC.

CIK 0000012933

Total reported value

$622.0M

398 stks

2022-12-31

Stale — no recent filing

Concentration4.0

Portfolio Stability0.0

Sector conviction47.7

3 of the top 5 holdings overlap, including Apple INC

View detail

Northern Capital Management LLC

CIK 0000312955

Total reported value

$372.6M

165 stks

2018-12-31

Stale — no recent filing

Concentration3.9

Portfolio Stability30.8

Sector conviction51.6

3 of the top 5 holdings overlap, including Apple INC

View detail

Guardian Investor Services LLC

CIK 0000728572

Total reported value

$126.4M

502 stks

2015-03-31

Stale — no recent filing

Concentration2.7

Portfolio Stability10.5

Sector conviction45.0

3 of the top 5 holdings overlap, including Apple INC

View detail

Hendershot Investments Inc. Holdings Report (13F Filings)

CIK: 0001541496

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$744.0M

Reporting period: 2026-03-31 · Number of holdings: 129

Hendershot Investments Inc. disclosed 129 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $744.0M and a quarterly turnover rate of 15.7%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "H"

Personality snowflake

Concentration: 16.74
Portfolio Stability: 15.7
Momentum/Contrarian: 100
Sector conviction: 62.92
Diversification: 100
Sizing Uniformity: 78.94

Position sizes vary widely across the portfolio (a coefficient of variation of 2.11), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Trim GOOGL
-37.2%　-$21.3M
Add JNJ
-1.2%　$5.5M
Trim GOOG
-40.1%　-$4.7M
Trim BKNG
+6.2%　-$5.7M
Add ROST
-0.5%　$2.7M
Trim MSFT
+10.5%　-$4.8M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	13.69%	+0.20%	+0.97%
2	AAPL	Apple INC	Stock-Tech	6.05%	-0.12%	-0.40%
3	TJX	Tjx Companies INC	Stock-Consumer Disc	5.18%	+0.40%	-1.28%
4	JNJ	Johnson & Johnson	Stock-Healthcare	5.15%	+0.97%	-1.19%
5	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	3.91%	-2.51%	-37.24%
6	BKNG	Booking Holdings INC	Stock-Consumer Disc	3.90%	-0.53%	+6.24%
7	MSFT	Microsoft CORP	Stock-Tech	3.54%	-0.42%	+10.53%
8	V	Visa Inc-class A Shares	Stock-Financials	3.09%	-0.30%	+0.31%
9	GD	General Dynamics CORP	Stock-Industrials	3.07%	+0.25%	+1.41%
10	NVDA	Nvidia CORP	Stock-Tech	2.88%	+0.38%	+17.04%
11	PEP	Pepsico INC	Stock-Consumer Staples	2.64%	+0.38%	+2.27%
12	MA	Mastercard INC - A	Stock-Financials	2.52%	-0.10%	+4.20%
13	ADP	Automatic Data Processing	Stock-Tech	2.31%	-0.31%	+6.08%
14	CTSH	Cognizant Tech Solutions-a	Stock-Tech	2.25%	-0.23%	+16.07%
15	AMZN	Amazon.com INC	Stock-Consumer Disc	2.24%	+0.01%	+5.58%
16	ROST	Ross Stores INC	Stock-Consumer Disc	2.17%	+0.45%	-0.48%
17	CPAY	Corpay INC	Stock-Tech	2.08%	+0.40%	+21.56%
18	GPC	Genuine Parts Co	Stock-Consumer Disc	1.77%	-0.20%	-0.76%
19	PG	Procter & Gamble Co/the	Stock-Consumer Staples	1.76%	+0.22%	+7.89%
20	RMD	Resmed INC	Stock-Healthcare	1.71%	+0.02%	+2.84%
21	RTX	Rtx CORP	Stock-Industrials	1.69%	-0.22%	-19.90%
22	TXRH	Texas Roadhouse INC	Stock-Consumer Disc	1.62%	—	+1.18%
23	BR	Broadridge Financial Solutio	Stock-Tech	1.58%	+1.58%	NEW
24	CNI	Canadian Natl Railway Co	Stock-Industrials	1.47%	+0.17%	+2.92%
25	GNTX	Gentex CORP	Stock-Consumer Disc	1.30%	-0.01%	-0.19%
26	TSCO	Tractor Supply Company	Stock-Consumer Disc	1.16%	—	+10.40%
27	FAST	Fastenal Co	Stock-Industrials	1.15%	+0.20%	-0.42%
28	ACN	Accenture plc	Stock-Tech	1.12%	-0.15%	+13.28%
29	KNSL	Kinsale Capital Group INC	Stock-Financials	1.06%	-0.01%	+6.73%
30	META	Meta Platforms Inc-class A	Stock-Comm Services	0.97%	+0.26%	+49.58%
31	AXP	American Express Co	Stock-Financials	0.97%	-0.16%	—
32	PAYX	Paychex INC	Stock-Tech	0.95%	-0.08%	+6.75%
33	ADBE	Adobe INC	Stock-Tech	0.93%	-0.06%	+28.41%
34	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.76%	-0.55%	-40.11%
35	FDS	Factset Research Systems INC	Stock-Financials	0.67%	+0.11%	+50.13%
36	SYK	Stryker CORP	Stock-Healthcare	0.63%	-0.01%	+1.35%
37	VSEC	Vse CORP	Stock-Industrials	0.60%	+0.07%	—
38	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.53%	—	+0.01%
39	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	0.39%	—	—
40	SCHR	Schwab Intermediate-term US	ETF-Other	0.37%	—	-1.10%
41	ERIE	Erie Indemnity Company-cl A	Stock-Financials	0.36%	—	+11.19%
42	CVX	Chevron CORP	Stock-Energy	0.35%	+0.10%	-0.16%
43	LLY	Eli Lilly & Co	Stock-Healthcare	0.30%	-0.04%	-0.08%
44	SCHB	Schwab US Broad Market ETF	ETF-Other	0.29%	—	+1.78%
45	JPM	Jpmorgan Chase & Co	Stock-Financials	0.29%	-0.01%	-0.68%
46	MRK	Merck & Co. INC.	Stock-Healthcare	0.22%	—	-2.93%
47	CEG	Constellation Energy	Stock-Utilities	0.21%	-0.05%	—
48	ABBV	Abbvie INC	Stock-Healthcare	0.21%	—	-7.16%
49	WMT	Walmart INC	Stock-Consumer Staples	0.19%	—	—
50	DIS	Walt Disney Co/the	Stock-Comm Services	0.19%	-0.02%	-0.30%

1–50 of 129

Portfolio Performance

Performance for Q3 2026

+4.9%

Performance Last 4 Quarters

+11.6%

Based on 62% of reported portfolio value with available pricing

Stdev: +12.4%
Beta: +0.83
Alpha: -3.2%
Max Drawdown: -10.1%
Annualized Perf: +11.9%
Batting Avg vs S&P: +36.1%
Sortino: +1.67
Stutzer: +0.28
Treynor: +0.15
Sterling: +0.63
Calmar: +1.18
Information Ratio: -1
Tracking Error: +6.4%
Stdev Down: +7.2%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +31%
Worst 12 Months: +4.3%
Efficiency Ratio: +0.36
Sharpe: +0.98
Stdev Sectors: +10.5%
Skewness: -0.23
Kurtosis: -0.54
Upside Potential: +3.44

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	129	$744.0M	16	1BRK-B 2AAPL 3TJX Top holdings2026-03-31 1.BRK-B 2.AAPL 3.TJX 4.JNJ 5.GOOGL 6.BKNG 7.MSFT 8.V 9.GD 10.NVDA
2025-12-31	124	$784.5M	10	1BRK-B 2GOOGL 3AAPL Top holdings2025-12-31 1.BRK-B 2.GOOGL 3.AAPL 4.TJX 5.BKNG 6.JNJ 7.MSFT 8.V 9.GD 10.MA
2025-09-30	128	$794.4M	23	1BRK-B 2GOOGL 3AAPL Top holdings2025-09-30 1.BRK-B 2.GOOGL 3.AAPL 4.TJX 5.BKNG 6.MSFT 7.JNJ 8.GD 9.V 10.MA
2025-06-30	129	$748.4M	0	1BRK-B 2BKNG 3GOOGL Top holdings2025-06-30 1.BRK-B 2.BKNG 3.GOOGL 4.AAPL 5.TJX 6.MSFT 7.JNJ 8.V 9.ADP 10.MA
2025-03-31	129	$734.7M	100	1BRK-B 2AAPL 3GOOGL Top holdings2025-03-31 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.BKNG 6.JNJ 7.V 8.UNH 9.MSFT 10.ADP
2024-12-31	131	$733.7M	0	1BRK-B 2AAPL 3GOOGL Top holdings2024-12-31 1.BRK-B 2.AAPL 3.GOOGL 4.BKNG 5.TJX 6.MSFT 7.JNJ 8.UNH 9.V 10.ADP
2024-09-30	130	$736.2M	0	1BRK-B 2AAPL 3GOOGL Top holdings2024-09-30 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.BKNG 6.MSFT 7.UNH 8.JNJ 9.ADP 10.GNTX
2024-06-30	131	$695.9M	0	1BRK-B 2AAPL 3GOOGL Top holdings2024-06-30 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.MSFT 6.BKNG 7.JNJ 8.GNTX 9.UNH 10.RTX
2024-03-31	131	$699.4M	0	1BRK-B 2AAPL 3GOOGL Top holdings2024-03-31 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.MSFT 6.JNJ 7.GNTX 8.BKNG 9.UNH 10.GPC
2023-12-31	131	$650.4M	0	1BRK-B 2AAPL 3GOOGL Top holdings2023-12-31 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.JNJ 6.MSFT 7.BKNG 8.UNH 9.GNTX 10.PEP
2023-09-30	134	$596.5M	0	1BRK-B 2AAPL 3GOOGL Top holdings2023-09-30 1.BRK-B 2.AAPL 3.GOOGL 4.TJX 5.JNJ 6.UNH 7.ORCL 8.GNTX 9.BKNG 10.MSFT
2023-06-30	141	$619.9M	0	1BRK-B 2AAPL 3JNJ Top holdings2023-06-30 1.BRK-B 2.AAPL 3.JNJ 4.GOOGL 5.TJX 6.ORCL 7.MSFT 8.UNH 9.PEP 10.RTX
2023-03-31	143	$594.9M	0	1BRK-B 2AAPL 3JNJ Top holdings2023-03-31 1.BRK-B 2.AAPL 3.JNJ 4.GOOGL 5.TJX 6.ORCL 7.PEP 8.RTX 9.MSFT 10.UNH
2022-12-31	143	$592.7M	0	1BRK-B 2AAPL 3JNJ Top holdings2022-12-31 1.BRK-B 2.AAPL 3.JNJ 4.TJX 5.PEP 6.RTX 7.GOOGL 8.ORCL 9.ADP 10.SEIC
2022-09-30	140	$530.6M	0	1BRK-B 2AAPL 3JNJ Top holdings2022-09-30 1.BRK-B 2.AAPL 3.JNJ 4.GOOGL 5.PEP 6.TJX 7.ADP 8.RTX 9.SEIC 10.UNH
2022-06-30	142	$566.2M	0	1BRK-B 2AAPL 3JNJ Top holdings2022-06-30 1.BRK-B 2.AAPL 3.JNJ 4.UNH 5.GOOGL 6.PEP 7.RTX 8.SEIC 9.ADP 10.ORCL
2022-03-31	145	$654.6M	0	1BRK-B 2AAPL 3JNJ Top holdings2022-03-31 1.BRK-B 2.AAPL 3.JNJ 4.UNH 5.GOOGL 6.SEIC 7.PEP 8.RTX 9.ORCL 10.CTSH
2021-12-31	151	$657.7M	0	1BRK-B 2AAPL 3UNH Top holdings2021-12-31 1.BRK-B 2.AAPL 3.UNH 4.JNJ 5.GOOGL 6.PEP 7.ORCL 8.SEIC 9.ADP 10.TJX
2021-09-30	101	$529.3M	0	1BRK-B 2AAPL 3GOOGL Top holdings2021-09-30 1.BRK-B 2.AAPL 3.GOOGL 4.UNH 5.JNJ 6.ORCL 7.SEIC 8.INTC 9.RTX 10.PEP
2021-06-30	93	$459.7M	97	1BRK-B 2GOOGL 3UNH Top holdings2021-06-30 1.BRK-B 2.GOOGL 3.UNH 4.TROW 5.AAPL 6.JNJ 7.SEIC 8.INTC 9.RTX 10.ORCL
2021-03-31	88	$431.6M	17	1BRK-B 2UNH 3GOOGL Top holdings2021-03-31 1.BRK-B 2.UNH 3.GOOGL 4.JNJ 5.INTC 6.TROW 7.GPC 8.AAPL 9.SEIC 10.MMS
2020-12-31	85	$393.6M	19	1BRK-B 2UNH 3TJX Top holdings2020-12-31 1.BRK-B 2.UNH 3.TJX 4.AAPL 5.JNJ 6.GOOGL 7.TROW 8.BOH 9.GPC 10.SEIC
2020-09-30	81	$351.4M	22	1BRK-B 2UNH 3AAPL Top holdings2020-09-30 1.BRK-B 2.UNH 3.AAPL 4.TJX 5.JNJ 6.GPC 7.GOOGL 8.CTSH 9.TROW 10.INTC
2020-06-30	77	$318.2M	35	1BRK-B 2UNH 3UPS Top holdings2020-06-30 1.BRK-B 2.UNH 3.UPS 4.ORCL 5.AAPL 6.TJX 7.JNJ 8.RTX 9.GPC 10.GOOGL
2020-03-31	82	$272.6M	25	1BRK-B 2ORCL 3UNH Top holdings2020-03-31 1.BRK-B 2.ORCL 3.UNH 4.UPS 5.TJX 6.JNJ 7.GOOGL 8.AAPL 9.BKNG 10.GPC
2019-12-31	82	$337.4M	17	1BRK-B 2TJX 3UPS Top holdings2019-12-31 1.BRK-B 2.TJX 3.UPS 4.AAPL 5.UNH 6.BKNG 7.ORCL 8.UTXZ 9.JNJ 10.GPC
2019-09-30	83	$313.0M	16	1BRK-B 2UPS 3TJX Top holdings2019-09-30 1.BRK-B 2.UPS 3.TJX 4.AAPL 5.BKNG 6.ORCL 7.UTXZ 8.CTSH 9.GPC 10.JNJ
2019-06-30	82	$304.9M	14	1BRK-B 2TJX 3UPS Top holdings2019-06-30 1.BRK-B 2.TJX 3.UPS 4.ABBV 5.AAPL 6.ORCL 7.BKNG 8.CTSH 9.GPC 10.JNJ
2019-03-31	79	$291.9M	19	1BRK-B 2ABBV 3UPS Top holdings2019-03-31 1.BRK-B 2.ABBV 3.UPS 4.TJX 5.CTSH 6.GPC 7.AAPL 8.DIS 9.ORCL 10.JNJ
2018-12-31	69	$253.8M	18	1BRK-B 2ABBV 3DIS Top holdings2018-12-31 1.BRK-B 2.ABBV 3.DIS 4.UPS 5.CTSH 6.TJX 7.GPC 8.JNJ 9.AAPL 10.ORCL
2018-09-30	69	$282.4M	21	1BRK-B 2ABBV 3UPS Top holdings2018-09-30 1.BRK-B 2.ABBV 3.UPS 4.DIS 5.AAPL 6.TJX 7.CTSH 8.ORCL 9.JNJ 10.GPC
2018-06-30	67	$260.2M	17	1AAPL 2BRK-B 3ABBV Top holdings2018-06-30 1.AAPL 2.BRK-B 3.ABBV 4.UPS 5.CTSH 6.DIS 7.TJX 8.ORCL 9.BKNG 10.GOOGL
2018-03-31	67	$246.7M	22	1BRK-B 2AAPL 3ABBV Top holdings2018-03-31 1.BRK-B 2.AAPL 3.ABBV 4.UPS 5.CTSH 6.CNI 7.DIS 8.ORCL 9.NKE 10.BKNG
2017-12-31	69	$248.6M	16	1BRK-B 2AAPL 3ABBV Top holdings2017-12-31 1.BRK-B 2.AAPL 3.ABBV 4.CNI 5.UPS 6.CTSH 7.TROW 8.DIS 9.ORCL 10.NKE
2017-09-30	67	$234.8M	22	1BRK-B 2AAPL 3ABBV Top holdings2017-09-30 1.BRK-B 2.AAPL 3.ABBV 4.CNI 5.UPS 6.CTSH 7.ORCL 8.TROW 9.DIS 10.MA
2017-06-30	67	$222.7M	12	1BRK-B 2AAPL 3ABBV Top holdings2017-06-30 1.BRK-B 2.AAPL 3.ABBV 4.CNI 5.UPS 6.ORCL 7.DIS 8.CTSH 9.NKE 10.BKNG
2017-03-31	68	$215.3M	18	1BRK-B 2AAPL 3ABBV Top holdings2017-03-31 1.BRK-B 2.AAPL 3.ABBV 4.CNI 5.UPS 6.DIS 7.ORCL 8.CTSH 9.NKE 10.BKNG
2016-12-31	64	$208.6M	44	1BRK-B 2AAPL 3ABBV Top holdings2016-12-31 1.BRK-B 2.AAPL 3.ABBV 4.UPS 5.CNI 6.DIS 7.ORCL 8.TROW 9.CTSH 10.WAB
2016-09-30	64	$201.8M	17	1BRK-B 2AAPL 3ABBV Top holdings2016-09-30 1.BRK-B 2.AAPL 3.ABBV 4.UPS 5.CNI 6.DIS 7.ORCL 8.GILD 9.BIIB 10.WAB
2016-06-30	64	$194.6M	53	1BRK-B 2ABBV 3AAPL Top holdings2016-06-30 1.BRK-B 2.ABBV 3.AAPL 4.UPS 5.CNI 6.GILD 7.ORCL 8.CTSH 9.TROW 10.302182
2016-03-31	64	$198.4M	17	1BRK-B 2AAPL 3UPS Top holdings2016-03-31 1.BRK-B 2.AAPL 3.UPS 4.ABBV 5.GILD 6.CNI 7.ORCL 8.CTSH 9.TROW 10.MSFT
2015-12-31	63	$187.1M	27	1BRK-B 2AAPL 3ABBV Top holdings2015-12-31 1.BRK-B 2.AAPL 3.ABBV 4.GILD 5.UPS 6.CNI 7.CTSH 8.ORCL 9.TROW 10.MSFT
2015-09-30	62	$180.0M	61	1BRK-B 2AAPL 3GILD Top holdings2015-09-30 1.BRK-B 2.AAPL 3.GILD 4.UPS 5.ABBV 6.ORCL 7.CTSH 8.CNI 9.PII 10.TROW
2015-06-30	60	$191.1M	12	1BRK-B 2AAPL 3GILD Top holdings2015-06-30 1.BRK-B 2.AAPL 3.GILD 4.ABBV 5.UPS 6.ORCL 7.QCOM 8.CTSH 9.BAX 10.TROW
2015-03-31	60	$189.7M	19	1BRK-B 2AAPL 3ORCL Top holdings2015-03-31 1.BRK-B 2.AAPL 3.ORCL 4.GILD 5.UPS 6.ABBV 7.QCOM 8.FDS 9.CTSH 10.TROW
2014-12-31	59	$190.6M	19	1BRK-B 2AAPL 3ORCL Top holdings2014-12-31 1.BRK-B 2.AAPL 3.ORCL 4.UPS 5.ABBV 6.QCOM 7.PG 8.PEP 9.BAX 10.FDS
2014-09-30	58	$177.6M	59	1BRK-B 2AAPL 3ORCL Top holdings2014-09-30 1.BRK-B 2.AAPL 3.ORCL 4.UPS 5.QCOM 6.PEP 7.ABBV 8.BAX 9.PG 10.ABT
2014-06-30	58	$169.9M	16	1BRK-B 2AAPL 3MSFT Top holdings2014-06-30 1.BRK-B 2.AAPL 3.MSFT 4.ORCL 5.QCOM 6.UPS 7.PEP 8.BAX 9.PG 10.ABBV
2014-03-31	57	$162.2M	19	1BRK-B 2AAPL 3MSFT Top holdings2014-03-31 1.BRK-B 2.AAPL 3.MSFT 4.ORCL 5.QCOM 6.UPS 7.BAX 8.PG 9.PEP 10.ABBV
2013-12-31	57	$154.1M	17	1BRK-B 2AAPL 3MSFT Top holdings2013-12-31 1.BRK-B 2.AAPL 3.MSFT 4.UPS 5.ORCL 6.QCOM 7.GOOG 8.ABBV 9.ABT 10.BAX
2013-09-30	57	$142.2M	23	1BRK-B 2AAPL 3MSFT Top holdings2013-09-30 1.BRK-B 2.AAPL 3.MSFT 4.UPS 5.EMR 6.ORCL 7.QCOM 8.ABBV 9.CSCO 10.TPR
2013-06-30	57	$132.0M	0	1BRK-B 2MSFT 3JNJ Top holdings2013-06-30 1.BRK-B 2.MSFT 3.JNJ 4.UPS 5.AAPL 6.EMR 7.CSCO 8.931422 9.TPR 10.BAX

Holding changes this quarter

Position changes disclosed by Hendershot Investments Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	JNJ	Johnson & Johnson	+1%	-1.19%	Trim
2	ROST	Ross Stores INC	+0.5%	-0.48%	Trim
3	CPAY	Corpay INC	+0.4%	+21.56%	Add
4	TJX	Tjx Companies INC	+0.4%	-1.28%	Trim
5	PEP	Pepsico INC	+0.4%	+2.27%	Add
6	NVDA	Nvidia CORP	+0.4%	+17.04%	Add
7	META	Meta Platforms Inc-class A	+0.3%	+49.58%	Add
8	GD	General Dynamics CORP	+0.3%	+1.41%	Add
9	PG	Procter & Gamble Co/the	+0.2%	+7.89%	Add
10	BRK-B	Berkshire Hathaway Inc-cl B	+0.2%	+0.97%	Add
11	FAST	Fastenal Co	+0.2%	-0.42%	Trim
12	CNI	Canadian Natl Railway Co	+0.2%	+2.92%	Add
13	FDS	Factset Research Systems INC	+0.1%	+50.13%	Add
14	CVX	Chevron CORP	+0.1%	-0.16%	Trim
15	VSEC	Vse CORP	+0.1%	—	Unchanged
16	XOM	Exxon Mobil CORP	+0.1%	-1.43%	Trim
17	TPL	Texas Pacific Land CORP	+0.1%	-17.09%	Trim
18	VIGI	Vanguard Int Div App Indx Fd	0%	+38.99%	Add
19	RMD	Resmed INC	0%	+2.84%	Add
20	AMZN	Amazon.com INC	0%	+5.58%	Add
21	GNTX	Gentex CORP	0%	-0.19%	Trim
22	KNSL	Kinsale Capital Group INC	0%	+6.73%	Add
23	SYK	Stryker CORP	0%	+1.35%	Add
24	JPM	Jpmorgan Chase & Co	0%	-0.68%	Trim
25	DIS	Walt Disney Co/the	0%	-0.30%	Trim
26	LLY	Eli Lilly & Co	0%	-0.08%	Trim
27	CEG	Constellation Energy	-0.1%	—	Unchanged
28	ADBE	Adobe INC	-0.1%	+28.41%	Add
29	PAYX	Paychex INC	-0.1%	+6.75%	Add
30	MA	Mastercard INC - A	-0.1%	+4.20%	Add
31	AAPL	Apple INC	-0.1%	-0.40%	Trim
32	ACN	Accenture plc	-0.2%	+13.28%	Add
33	AXP	American Express Co	-0.2%	—	Unchanged
34	GPC	Genuine Parts Co	-0.2%	-0.76%	Trim
35	RTX	Rtx CORP	-0.2%	-19.90%	Trim
36	CTSH	Cognizant Tech Solutions-a	-0.2%	+16.07%	Add
37	V	Visa Inc-class A Shares	-0.3%	+0.31%	Add
38	ADP	Automatic Data Processing	-0.3%	+6.08%	Add
39	MSFT	Microsoft CORP	-0.4%	+10.53%	Add
40	BKNG	Booking Holdings INC	-0.5%	+6.24%	Add
41	GOOG	Alphabet Inc-cl C	-0.6%	-40.11%	Trim
42	GOOGL	Alphabet Inc-cl A	-2.5%	-37.24%	Trim
43	BR	Broadridge Financial Solutio	—	NEW	New buy
44	ORCL	Oracle CORP	—	EXIT	Sold out
45	TTE	Totalenergies Se	—	NEW	New buy
46	GIS	General Mills INC	—	NEW	New buy
47	TTEN	Totalenergies Se -spon Adr	—	EXIT	Sold out
48	SCHY	Schwab International Dvd ETF	—	NEW	New buy
49	GNR	State Street Spdr S&p Global	—	NEW	New buy
50	WM	Waste Management INC	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-27	13F-HR	View on EDGAR
2025-12-31	2026-01-26	13F-HR	View on EDGAR
2025-09-30	2025-11-12	13F-HR	View on EDGAR
2025-06-30	2025-08-13	13F-HR	View on EDGAR
2025-03-31	2025-05-06	13F-HR	View on EDGAR
2024-12-31	2025-01-28	13F-HR	View on EDGAR
2024-09-30	2024-11-15	13F-HR	View on EDGAR
2024-06-30	2024-08-05	13F-HR	View on EDGAR
2024-03-31	2024-04-22	13F-HR	View on EDGAR
2023-12-31	2024-01-26	13F-HR	View on EDGAR
2023-09-30	2023-10-23	13F-HR	View on EDGAR
2023-06-30	2023-08-09	13F-HR	View on EDGAR
2023-03-31	2023-04-25	13F-HR	View on EDGAR
2022-12-31	2023-01-24	13F-HR	View on EDGAR
2022-09-30	2022-11-01	13F-HR	View on EDGAR
2022-06-30	2022-07-22	13F-HR	View on EDGAR
2022-03-31	2022-05-06	13F-HR	View on EDGAR
2021-12-31	2022-02-04	13F-HR	View on EDGAR
2021-09-30	2021-10-26	13F-HR	View on EDGAR
2021-06-30	2021-07-28	13F-HR	View on EDGAR
2021-03-31	2021-05-03	13F-HR	View on EDGAR
2020-12-31	2021-01-25	13F-HR	View on EDGAR
2020-09-30	2020-10-30	13F-HR	View on EDGAR
2020-06-30	2020-08-10	13F-HR	View on EDGAR
2020-03-31	2020-04-20	13F-HR	View on EDGAR
2019-12-31	2020-02-03	13F-HR	View on EDGAR
2019-09-30	2019-10-29	13F-HR	View on EDGAR
2019-06-30	2019-07-31	13F-HR	View on EDGAR
2019-03-31	2019-05-07	13F-HR	View on EDGAR
2018-12-31	2019-01-29	13F-HR	View on EDGAR
2018-09-30	2018-10-17	13F-HR	View on EDGAR
2018-06-30	2018-07-31	13F-HR	View on EDGAR
2018-03-31	2018-04-17	13F-HR	View on EDGAR
2017-12-31	2018-01-22	13F-HR	View on EDGAR
2017-09-30	2017-10-31	13F-HR	View on EDGAR
2017-06-30	2017-07-18	13F-HR	View on EDGAR
2017-03-31	2017-05-12	13F-HR	View on EDGAR
2016-12-31	2017-02-09	13F-HR	View on EDGAR
2016-09-30	2016-11-01	13F-HR	View on EDGAR
2016-06-30	2016-07-26	13F-HR	View on EDGAR
2016-03-31	2016-05-02	13F-HR	View on EDGAR
2015-12-31	2016-02-03	13F-HR	View on EDGAR
2015-09-30	2015-11-06	13F-HR	View on EDGAR
2015-06-30	2015-07-27	13F-HR	View on EDGAR
2015-03-31	2015-04-29	13F-HR	View on EDGAR
2014-12-31	2015-02-02	13F-HR	View on EDGAR
2014-09-30	2014-11-12	13F-HR	View on EDGAR
2014-06-30	2014-08-08	13F-HR	View on EDGAR
2014-03-31	2014-05-12	Amendment	View on EDGAR
2014-03-31	2014-05-08	13F-HR	View on EDGAR
2013-12-31	2014-01-30	13F-HR	View on EDGAR
2013-09-30	2013-11-08	13F-HR	View on EDGAR
2013-06-30	2013-08-05	13F-HR	View on EDGAR