Sandhill Capital Partners LLC — 13F Holdings & Portfolio

CIK 1556245 · latest 13F-HR filed 2026-08-13

Sandhill Capital Partners LLC manages $1.23B in 13F-reported U.S. long-equity assets across 98 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BIL (8.15%), APH (4.73%), GE (4.30%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 13 new positions and exited 10; 52 existing positions rose in reported value and 17 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$1.23B

Long-equity book

Holdings
98

Distinct positions

Period
2026-06-30

Filed 2026-08-13

Q/Q Activity
+13 / −10 / ↑52 / ↓17

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 43%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 31, 2026.

Assets Under Management
$2.40B
Discretionary
$2.11B
Employees
22
Accounts
3,391
Address
40 FOUNTAIN PLAZA
SUITE 1300
BUFFALO, NY 14202
Phone
(716) 852-0279
Name Title / Status Ownership Type
JOHNSTON, EDWIN, MCCLELLAN ControlFOUNDER
since Dec 2003
50–75%Individual
AMOIA, JONATHAN, JOSEPHPARTNER, MANAGING DIRECTOR
since Jan 2016
10–25%Individual
GOUBRIAL, SHANT, SHAWKYCHIEF OPERATIONS OFFICER & MANAGING PARTNER
since Feb 2015
10–25%Individual
HASSLER, KRISTYNA, ALLSOPPARTNER, MANAGING PARTNER
since Jan 2026
5–10%Individual
KICINSKI, CHRISTOPHER, STANLEYPARTNER, MANAGING PARTNER
since Mar 2012
5–10%Individual
LARRY, MARK, JOSEPHPARTNER, SENIOR EQUITY ANALYST
since Jan 2018
5–10%Individual
MYERS, RYAN, ANDREWPARTNER, CHIEF COMPLIANCE OFFICER
since Mar 2016
Less than 5%Individual
RYSKALCZYK, RICHARD, WILLIAMPORTFOLIO MANAGER & MANAGING PARTNER
since Apr 2023
10–25%Individual
STOLZENBURG, LARRY, SCOTTPARTNER
since Mar 2012
5–10%Individual
VANDEGUCHTE, AARON, ROBERTPARTNER,CHIEF EQUITY ANALYST
since Jul 2021
Less than 5%Individual
Ownership & leadership changes · 23 filings with changes since Feb 17, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 31, 2026 filing
  • ChangedGOUBRIAL, SHANT, SHAWKY · title CHIEF OPERATIONS OFFICER & CO-MANAGING PARTNER → CHIEF OPERATIONS OFFICER & MANAGING PARTNER
  • ChangedHASSLER, KRISTYNA, ALLSOP · title PARTNER, INVESTMENT ADVISOR → PARTNER, MANAGING PARTNER
  • ChangedKICINSKI, CHRISTOPHER, STANLEY · title PARTNER, INVESTMENT ADVISOR → PARTNER, MANAGING PARTNER
  • ChangedRYSKALCZYK, RICHARD, WILLIAM · title PORTFOLIO MANAGER & CO-MANAGING PARTNER → PORTFOLIO MANAGER & MANAGING PARTNER
Mar 28, 2025 filing
  • ChangedJOHNSTON, EDWIN, MCCLELLAN · title FOUNDER, PORTFOLIO MANAGER → FOUNDER
  • ChangedRYSKALCZYK, RICHARD, WILLIAM · title CHIEF EQUITY ANALYST & CO-MANAGING PARTNER → PORTFOLIO MANAGER & CO-MANAGING PARTNER
  • ChangedVANDEGUCHTE, AARON, ROBERT · title PARTNER, SENIOR ANALYST → PARTNER,CHIEF EQUITY ANALYST
Mar 28, 2024 filing
  • No longer listedBERNSTEIN, MARC, DAVID · PARTNER, INVESTMENT ADVISOR · Less than 5% · listed since Nov 2017
  • ChangedAMOIA, JONATHAN, JOSEPH · ownership 5–10% → 10–25%
  • ChangedGOUBRIAL, SHANT, SHAWKY · ownership 5–10% → 10–25%
  • ChangedHASSLER, KRISTYNA, ALLSOP · ownership Less than 5% → 5–10%
  • ChangedKICINSKI, CHRISTOPHER, STANLEY · ownership Less than 5% → 5–10%
  • ChangedLARRY, MARK, JOSEPH · ownership Less than 5% → 5–10%
  • ChangedRYSKALCZYK, RICHARD, WILLIAM · ownership 5–10% → 10–25%
Aug 30, 2023 filing
  • ChangedJOHNSTON, EDWIN, MCCLELLAN · title MANAGING PARTNER → FOUNDER, PORTFOLIO MANAGER
  • ChangedRYSKALCZYK, RICHARD, WILLIAM · title PARTNER, CHIEF EQUITY ANALYST → CHIEF EQUITY ANALYST & CO-MANAGING PARTNER
Mar 31, 2023 filing
  • No longer listedROOP, CHRISTOPHER, BRADFORD · PARTNER · Less than 5% · listed since Feb 2019
  • ChangedSTOLZENBURG, LARRY, SCOTT · ownership 10–25% → 5–10%
  • ChangedVANDEGUCHTE, AARON, ROBERT · title PARTNER, EQUITY ANALYST → PARTNER, SENIOR ANALYST
Mar 30, 2022 filing
  • AddedVANDEGUCHTE, AARON, ROBERT · PARTNER, EQUITY ANALYST · Less than 5%
  • ChangedAMOIA, JONATHAN, JOSEPH · title PARTNER, DIRECTOR OF BUSINESS DEVELOPMENT → PARTNER, MANAGING DIRECTOR
  • ChangedBERNSTEIN, MARC, DAVID · title PARTNER, VICE PRESIDENT BUSINESS DEVELOPMENT → PARTNER, INVESTMENT ADVISOR
  • ChangedGOUBRIAL, SHANT, SHAWKY · title CHIEF OPERATIONS OFFICER & PARTNER → CHIEF OPERATIONS OFFICER & CO-MANAGING PARTNER
  • ChangedHASSLER, KRISTYNA, ALLSOP · title PARTNER, DIRECTOR OF CLIENT SERVICES & MEDIA → PARTNER, INVESTMENT ADVISOR
  • ChangedKICINSKI, CHRISTOPHER, STANLEY · title PARTNER, VICE PRESIDENT BUSINESS DEVELOPMENT → PARTNER, INVESTMENT ADVISOR
  • ChangedMYERS, RYAN, ANDREW · title CHIEF COMPLIANCE OFFICER → PARTNER, CHIEF COMPLIANCE OFFICER
Mar 30, 2020 filing
  • ChangedHASSLER, KRISTYNA, ALLSOP · title PARTNER, CLIENT SERVICES & MEDIA → PARTNER, DIRECTOR OF CLIENT SERVICES & MEDIA
Mar 31, 2019 filing
  • No longer listedGARVIN, STEPHEN, KEVIN · VP PRIVATE CLIENT BUSINESS DEVELOPMENT · Less than 5% · listed since Mar 2013
  • No longer listedLARRY S. STOLZENBURG, CPA, PC · PARTNER · 10–25% · listed since Jun 2008
  • No longer listedSTOLZENBURG, LARRY, SCOTT · PRESIDENT · 75% or more · indirect via LARRY S. STOLZENBURG, CPA, P.C. · control person · listed since Jan 1988
  • AddedROOP, CHRISTOPHER, BRADFORD · PARTNER · Less than 5%
  • ChangedAMOIA, JONATHAN, JOSEPH · ownership Less than 5% → 5–10%
  • ChangedRYSKALCZYK, RICHARD, WILLIAM · ownership Less than 5% → 5–10%
  • ChangedSTOLZENBURG, LARRY, SCOTT · ownership Less than 5% → 10–25%
Mar 29, 2018 filing
  • AddedBERNSTEIN, MARC, DAVID · PARTNER, VICE PRESIDENT BUSINESS DEVELOPMENT · Less than 5%
  • AddedLARRY, MARK, JOSEPH · PARTNER, SENIOR EQUITY ANALYST · Less than 5%
Feb 1, 2017 filing
  • AddedHASSLER, KRISTYNA, ALLSOP · PARTNER, CLIENT SERVICES & MEDIA · Less than 5%
  • ChangedGOUBRIAL, SHANT, SHAWKY · ownership Less than 5% → 5–10%
  • ChangedRYSKALCZYK, RICHARD, WILLIAM · title PARTNER, EQUITY ANALYST → PARTNER, CHIEF EQUITY ANALYST
Older changes (14 more filings)
Mar 17, 2016 filing
  • No longer listedD'AMBROSIO, NICHOLAS, MARTIN · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Nov 2014
  • AddedMYERS, RYAN, ANDREW · CHIEF COMPLIANCE OFFICER · Less than 5%
Feb 2, 2016 filing
  • No longer listedWIENS, MATTHEW, JOHN · PARTNER · 10–25% · listed since Dec 2003
Jan 8, 2016 filing
  • No longer listedLAKE LANGLEY, LISA, MILLER · HEAD OF INSTITUTIONAL SALES & SERVICES, PARTNER · Less than 5% · listed since Mar 2012
  • ChangedAMOIA, JONATHAN, JOSEPH · title DIRECTOR → PARTNER, DIRECTOR OF BUSINESS DEVELOPMENT
  • ChangedKICINSKI, CHRISTOPHER, STANLEY · title VICE PRESIDENT BUSINESS DEVELOPMENT → PARTNER, VICE PRESIDENT BUSINESS DEVELOPMENT
Mar 11, 2015 filing
  • ChangedGOUBRIAL, SHANT, SHAWKY · title SENIOR OPERATIONS OFFICER & PARTNER → CHIEF OPERATIONS OFFICER & PARTNER
Mar 6, 2015 filing
  • ChangedD'AMBROSIO, NICHOLAS, MARTIN · title COMPLIANCE MANAGER → CHIEF COMPLIANCE OFFICER
  • ChangedLAKE LANGLEY, LISA, MILLER · title CHIEF COMPLIANCE OFFICER, PARTNER → HEAD OF INSTITUTIONAL SALES & SERVICES, PARTNER
Dec 17, 2014 filing
  • AddedD'AMBROSIO, NICHOLAS, MARTIN · COMPLIANCE MANAGER · Less than 5%
Aug 26, 2014 filing
  • No longer listedHOSLER, MARY, KATHERINE · VICE-PRESIDENT PRIVATE CLIENT BUSINESS DEVELOPMENT · Less than 5% · listed since Jun 2013
Mar 19, 2014 filing
  • AddedAMOIA, JONATHAN, JOSEPH · DIRECTOR · Less than 5%
Feb 21, 2014 filing
  • No longer listedMEDICAL STRIKE FORCE/GSS INC. · VP BUSINESS DEVELOPMENT · Less than 5% · listed since Jan 2009
  • AddedRYSKALCZYK, RICHARD, WILLIAM · PARTNER, EQUITY ANALYST · Less than 5%
Oct 17, 2013 filing
  • No longer listedSTOTT, GARY, M · OWNER · 75% or more · indirect via MEDICAL STRIKE FORCE/GSS INC. · control person · listed since Sep 2002
  • ChangedMEDICAL STRIKE FORCE/GSS INC. · title PARTNER → VP BUSINESS DEVELOPMENT
Jul 2, 2013 filing
  • AddedGARVIN, STEPHEN, KEVIN · VP PRIVATE CLIENT BUSINESS DEVELOPMENT · Less than 5%
  • AddedHOSLER, MARY, KATHERINE · VICE-PRESIDENT PRIVATE CLIENT BUSINESS DEVELOPMENT · Less than 5%
  • AddedKICINSKI, CHRISTOPHER, STANLEY · VICE PRESIDENT BUSINESS DEVELOPMENT · Less than 5%
Jan 29, 2013 filing
  • ChangedGOUBRIAL, SHANT, SHAWKY · title OPERATIONS OFFICER → SENIOR OPERATIONS OFFICER & PARTNER
Mar 31, 2012 filing
  • AddedLAKE LANGLEY, LISA, MILLER · CHIEF COMPLIANCE OFFICER, PARTNER · Less than 5%
  • ChangedSTOLZENBURG, LARRY, SCOTT · title CHIEF COMPLIANCE OFFICER → PARTNER
Feb 17, 2012 filing (earliest on record)
  • ListedGOUBRIAL, SHANT, SHAWKY · OPERATIONS OFFICER · Less than 5%
  • ListedJOHNSTON, EDWIN, MCCLELLAN · MANAGING PARTNER · 50–75% · control person
  • ListedLARRY S. STOLZENBURG, CPA, PC · PARTNER · 10–25%
  • ListedMEDICAL STRIKE FORCE/GSS INC. · PARTNER · Less than 5%
  • ListedSTOLZENBURG, LARRY, SCOTT · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ListedSTOLZENBURG, LARRY, SCOTT · PRESIDENT · 75% or more · indirect via LARRY S. STOLZENBURG, CPA, P.C. · control person
  • ListedSTOTT, GARY, M · OWNER · 75% or more · indirect via MEDICAL STRIKE FORCE/GSS INC. · control person
  • ListedWIENS, MATTHEW, JOHN · PARTNER · 10–25%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Sandhill Capital Partners LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 STATE STREET SPDR BLOOMBERG 1- BIL 78468R663 $100.2M 8.15% 1,093,403 SH
2 AMPHENOL CORP NEW CLASS A APH 032095101 $58.2M 4.73% 330,298 SH
3 GE AEROSPACE GE 369604301 $53.0M 4.30% 141,688 SH
4 TEXAS INSTRS INC TXN 882508104 $51.3M 4.17% 171,972 SH
5 STRYKER CORP SYK 863667101 $49.5M 4.03% 157,336 SH
6 PALO ALTO NETWORKS INC PANW 697435105 $48.2M 3.92% 141,336 SH
7 CHARLES SCHWAB CORP SCHW 808513105 $43.8M 3.56% 474,705 SH
8 MICROSOFT CORP MSFT 594918104 $42.5M 3.46% 114,044 SH
9 SERVICENOW INC NOW 81762P102 $41.6M 3.38% 418,829 SH
10 FEDERAL SIGNAL CORP FSS 313855108 $40.8M 3.32% 317,427 SH
11 CRANE CO CR 224408104 $40.8M 3.31% 182,692 SH
12 SPX TECHNOLOGIES INC SPXC 78473E103 $39.8M 3.24% 162,378 SH
13 LINDE PLC F LIN G54950103 $39.7M 3.23% 76,581 SH
14 FORGENT PWR SOLUTION CLASS A FPS 34631F102 $39.7M 3.22% 709,880 SH
15 GUIDEWIRE SOFTWARE INC GWRE 40171V100 $39.1M 3.18% 317,667 SH
16 TRANE TECHNOLOGIES PLC F TT G8994E103 $38.6M 3.14% 78,544 SH
17 AMAZON.COM INC AMZN 023135106 $38.5M 3.13% 161,658 SH
18 ARISTA NETWORKS INC ANET 040413205 $38.3M 3.11% 225,238 SH
19 BROADCOM INC AVGO 11135F101 $38.2M 3.10% 101,048 SH
20 UBER TECHNOLOGIES INC UBER 90353T100 $38.0M 3.09% 526,933 SH
21 INTUITIVE SURGICAL INC ISRG 46120E602 $32.1M 2.61% 80,839 SH
22 BADGER METER INC BMI 056525108 $29.9M 2.43% 201,632 SH
23 AECOM ACM 00766T100 $28.9M 2.35% 414,675 SH
24 CATERPILLAR INC CAT 149123101 $14.5M 1.18% 13,642 SH
25 ISHARES 0-3 MONTH TREASURY BON SGOV 46436E718 $13.6M 1.11% 135,571 SH
26 APPLE INC AAPL 037833100 $13.4M 1.09% 46,137 SH
27 ISHARES CORE S&P 500 ETF IVV 464287200 $11.5M 0.94% 15,417 SH
28 JPMORGAN CHASE & CO JPM 46625H100 $9.8M 0.79% 29,817 SH
29 JOHNSON CONTROLS INT F JCI G51502105 $8.6M 0.70% 59,039 SH
30 US BANCORP DEL USB 902973304 $7.6M 0.61% 125,132 SH
31 AMERICAN EXPRESS CO AXP 025816109 $7.1M 0.58% 21,036 SH
32 GOLDMAN SACHS GROUP INC GS 38141G104 $6.8M 0.56% 6,759 SH
33 JOHNSON & JOHNSON JNJ 478160104 $6.5M 0.53% 25,662 SH
34 VISA INC CLASS A V 92826C839 $6.4M 0.52% 18,746 SH
35 PROCTER & GAMBLE CO PG 742718109 $6.4M 0.52% 43,763 SH
36 BLACKROCK INC NEW BLK 09290D101 $5.8M 0.47% 6,028 SH
37 WASTE MGMT INC DEL WM 94106L109 $5.7M 0.46% 25,623 SH
38 MERCK & CO. INC. MRK 58933Y105 $5.7M 0.46% 44,059 SH
39 THE COCA-COLA CO KO 191216100 $5.5M 0.45% 68,054 SH
40 CHEVRON CORP NEW CVX 166764100 $5.4M 0.44% 32,632 SH
41 PUTNAM FOCUSED LARGE CAP VALUE PVAL 746729300 $5.3M 0.43% 103,276 SH
42 QUALCOMM INC QCOM 747525103 $5.0M 0.41% 27,281 SH
43 HOME DEPOT INC HD 437076102 $4.7M 0.39% 13,449 SH
44 UNITEDHEALTH GROUP INC UNH 91324P102 $4.7M 0.38% 11,253 SH
45 MCDONALDS CORP MCD 580135101 $4.5M 0.37% 16,753 SH
46 FIDELITY FUNDAMENTAL LARGE CAP FFLC 316092360 $4.5M 0.37% 76,760 SH
47 CME GROUP INC CLASS CLASS A CME 12572Q105 $4.4M 0.36% 19,986 SH
48 VANGUARD FTSE ALL-WORLD EX-US VEU 922042775 $4.2M 0.34% 50,355 SH
49 VANGUARD S&P 500 ETF VOO 922908363 $3.4M 0.28% 4,968 SH
50 PAYCHEX INC PAYX 704326107 $3.3M 0.27% 33,210 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $1.23B 98 0001556245-26-000004
2026-03-31 2026-05-14 $1.16B 96 0001556245-26-000003
2025-12-31 2026-02-12 $1.40B 105 0001556245-26-000001
2025-09-30 2025-11-13 $1.43B 108 0001556245-25-000007
Filer Information
Address
40 FOUNTAIN PLAZA
SUITE 1300
BUFFALO, NY 14202
Phone
(716) 852-0279
Filing Manager
Sandhill Capital Partners LLC
BUFFALO, NY
Signatory
Ryan Myers
Chief Compliance Officer