1y return−18.8%S&P 500 +20.9%
3y return−2.2%S&P 500 +68.5%
5y return+1.6%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2016: $196 against $334 in the S&P 500.2
Tandem Investment Advisors, Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| APHAmphenol Corp New Cl A | $92.1M | 6.2% | −23.1% |
| NEENextera Energy Inc Com | $77.3M | 5.2% | −20.1% |
| ICEIntercontinental Exchange Inc | $66.4M | 4.4% | −25.1% |
| TRNOTerreno Rlty Corp Com | $65.9M | 4.4% | −15.7% |
| MSFTMicrosoft Corp Com | $65.0M | 4.4% | −25.0% |
| RMDResmed Inc Com | $64.3M | 4.3% | −24.5% |
| Steris PLC Shs UsdCUSIP G84720104 | $62.7M | 4.2% | −24.9% |
| JKHYJack Henry & Associates, Inc. | $58.7M | 3.9% | −25.4% |
| BROBrown & Brown Inc | $57.1M | 3.8% | −24.9% |
| SYKStryker Corp Com | $56.3M | 3.8% | −22.9% |
| ROPRoper Technologies Inc Com | $54.1M | 3.6% | −24.5% |
| CHDChurch & Dwight Inc Com | $53.3M | 3.6% | −25.3% |
| VVisa Inc Cl A | $46.4M | 3.1% | −26.2% |
| Blackrock Inc ComCUSIP 09247X101 | $45.9M | 3.1% | −23.8% |
| MAMastercard Inc Cl A | $44.1M | 3.0% | −24.1% |
| ABTAbbott Laboratories | $43.2M | 2.9% | −24.4% |
| PGProcter & Gamble Co | $42.7M | 2.9% | −5.6% |
| RSGRepublic Svcs Inc Com | $40.9M | 2.7% | −5.8% |
| WCNWaste Connections Inc Com | $40.7M | 2.7% | −24.7% |
| MCDMcdonalds Corp Com | $37.2M | 2.5% | +58.5% |
| EXPDExpeditors Intl Wash | $35.9M | 2.4% | −26.3% |
| ZTSZoetis Inc Cl A | $35.8M | 2.4% | −26.7% |
| JNJJohnson & Johnson Com | $34.6M | 2.3% | −22.9% |
| COSTCostco Wholesale Corp | $31.5M | 2.1% | −22.4% |
| INTUIntuit Com | $27.2M | 1.8% | −25.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| APHAmphenol Corp New Cl A | June 30, 2022 | +447.7% | $92.1M |
| ORLYO Reilly Automotive Com | June 30, 2020 | +227.6% | $3.4M |
| COSTCostco Wholesale Corp | June 30, 2020 | +208.5% | $31.5M |
| RSGRepublic Svcs Inc Com | June 30, 2020 | +159.7% | $40.9M |
| EXPDExpeditors Intl Wash | June 30, 2020 | +114.3% | $35.9M |
| ISRGIntuitive Surgical Inc Com New | June 30, 2022 | +98.1% | $3.1M |
| MSFTMicrosoft Corp Com | June 30, 2020 | +83.3% | $65.0M |
| FTNTFortinet Inc Com | September 30, 2025 | +82.7% | $4.6M |
| JNJJohnson & Johnson Com | June 30, 2020 | +80.6% | $34.6M |
| WCNWaste Connections Inc Com | June 30, 2020 | +77.8% | $40.7M |
Sold off last quarter
- Genpact Limited ShsCUSIP G3922B107 was $94.3M
- TAt&t Inc was $420K
- AEPAmerican Elec Pwr Inc Com was $383K
- JPMJpmorgan Chase & Co was $342K
- DUKDuke Energy Corp New was $340K
- Exxon Mobil CorpCUSIP 30231G102 was $333K
- CVXChevron Corp was $328K
- VZVerizon Communications was $324K
- Berkshire Hathaway BCUSIP 084670207 was $299K
- RTXRaytheon Technologies Com was $289K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −5.1% | +14.8% |
| March 31, 2026 | −10.6% | −4.6% |
| December 31, 2025 | −1.4% | +2.4% |
| September 30, 2025 | −2.9% | +7.8% |
| June 30, 2025 | +1.5% | +10.5% |
| March 31, 2025 | +5.7% | −4.6% |
| December 31, 2024 | −2.6% | +2.1% |
| September 30, 2024 | +10.4% | +5.4% |
| June 30, 2024 | −4.0% | +4.0% |
| March 31, 2024 | +4.9% | +10.0% |
| December 31, 2023 | +9.2% | +11.2% |
| September 30, 2023 | −5.2% | −3.6% |
| June 30, 2023 | +1.9% | +8.3% |
| March 31, 2023 | +1.9% | +7.0% |
| December 31, 2022 | +10.5% | +7.1% |
| September 30, 2022 | −4.4% | −5.3% |
| June 30, 2022 | −11.4% | −16.5% |
| March 31, 2022 | −6.1% | −4.9% |
| December 31, 2021 | +12.9% | +10.7% |
| September 30, 2021 | +0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tandem Investment Advisors, Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1694284&type=13F-HR&dateb=&owner=include&count=40CIK 1694284
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1694284/000169428426000007/Filed July 31, 2026 · accession 0001694284-26-000007