Top Institutional Investors

Tandem Investment Advisors, Inc. — 13F Holdings & Portfolio

CIK 1694284 · latest 13F-HR filed 2026-07-31

Backtest portfolio

Tandem Investment Advisors, Inc. manages $1.49B in 13F-reported U.S. long-equity assets across 68 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are APH (6.17%), NEE (5.18%), ICE (4.45%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions and exited 20; 8 existing positions rose in reported value and 49 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
$1.49B

Long-equity book

Holdings
68

Distinct positions

Period
2026-06-30

Filed 2026-07-31

Q/Q Activity
+5 / −20 / ↑8 / ↓49

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
APH6.2% · -23%NEE5.2% · -20%ICE4.4% · -25%TRNO4.4% · -16%MSFT4.4% · -25%RMD4.3% · -24%STE4.2% · -25%JKHY3.9% · -25%BRO3.8% · -25%SYK3.8% · -23%ROP3.6% · -24%CHD3.6% · -25%V3.1% · -26%BLK3.1% · -24%MA3.0% · -24%ABT2.9% · -24%PG2.9% · -6%RSG2.7% · -6%WCN2.7% · -25%MCD2.5% · +58%EXPD2.4% · -26%ZTS2.4% · -27%JNJ2.3% · -23%COST2.1% · -22%INTU1.8% · -25%VRSK1.8% · -25%PEP1.8% · newROL1.7% · newWEC1.4% · -24%CTAS1.3% · newBR1.3% · -24%NDAQ1.2% · +38%BDX0.9% · -62%MEDP0.3% · -22%FTNT0.3% · -24%IDXX0.3% · -19%QLYS0.3% · -22%ORLY0.2% · -16%ISRG0.2% · -22%AKAM0.2% · -20%TYL0.1% · -22%SNPS0.1% · -21%ABBV0.1% · -17%MNST0.1% · newADBE0.1% · -59%CBOE0.1% · -43%TJX0.1% · -2%AAPL0.0% · -31%RY0.0% · -5%GOOG0.0% · +26%WMT0.0% · -22%ADP0.0% · -99%FAST0.0% · -26%MO0.0% · -41%PM0.0% · -56%BX0.0% · -2%KO0.0% · -32%TFC0.0% · 0%LOW0.0% · -37%HD0.0% · -2%

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

3 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 = 44.6%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Sep 1, 2026.

Assets Under Management
$3.45B
Discretionary
$3.45B
Employees
18
Accounts
10,432
Address
145 KING STREET
SUITE 400
CHARLESTON, SC 29401-2229
Phone
(843) 720-3413
Website
Name Title / Status Ownership Type
CAREW, BENJAMIN, GREENWOOD ControlVICE PRESIDENT/CO-CHIEF INVESTMENT OFFICER
since Jan 2022
10–25%Individual
CAREW, JOHN, BRIAN ControlPRESIDENT/CHIEF EXECUTIVE OFFICER
since Oct 1990
50–75%Individual
COX, JEREMY ControlCHIEF DISTRIBUTION OFFICER
since Mar 2024
Less than 5%Individual
HOFFMAN, NICOLE, MARIE ControlCHIEF COMPLIANCE OFFICER
since Jun 2023
Less than 5%Individual
LITTLE, WILLIAM, LEO ControlSENIOR VICE PRESIDENT/CO-CHIEF INVESTMENT OFFICER
since Mar 2009
25–50%Individual
Natoli, Elaine, M ControlVICE PRESIDENT/CHIEF COMMUNICATIONS OFFICER
since Jan 2022
Less than 5%Individual
CAREW, ANN, B.SECRETARY/TREASURER
since Oct 1994
Less than 5%Individual
Dallas, DaveBOARD MEMBER
since Aug 2025
Less than 5%Individual
HENDRIX, RICHARD, JBOARD MEMBER
since Aug 2025
Less than 5%Individual
Ownership & leadership changes · 11 filings with changes since Nov 11, 2011

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.

Aug 29, 2025 filing
  • AddedDallas, Dave · BOARD MEMBER · Less than 5%
  • AddedHENDRIX, RICHARD, J · BOARD MEMBER · Less than 5%
Mar 20, 2025 filing
  • AddedCOX, JEREMY · CHIEF DISTRIBUTION OFFICER · Less than 5% · control person
Apr 18, 2024 filing
  • ChangedCAREW, BENJAMIN, GREENWOOD · title VICE PRESIDENT/PORTFOLIO MANAGER → VICE PRESIDENT/CO-CHIEF INVESTMENT OFFICER
  • ChangedCAREW, JOHN, BRIAN · title PRESIDENT → PRESIDENT/CHIEF EXECUTIVE OFFICER
  • ChangedLITTLE, WILLIAM, LEO · title SENIOR VICE PRESIDENT → SENIOR VICE PRESIDENT/CO-CHIEF INVESTMENT OFFICER
  • ChangedNatoli, Elaine, M · title VICE PRESIDENT → VICE PRESIDENT/CHIEF COMMUNICATIONS OFFICER
Feb 26, 2024 filing
  • AddedNatoli, Elaine, M · VICE PRESIDENT · Less than 5% · control person
Jul 6, 2023 filing
  • No longer listedCOSTENBADER, WALTER, RUSSELL · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Jan 2019
  • AddedHOFFMAN, NICOLE, MARIE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Mar 2, 2023 filing
  • ChangedLITTLE, WILLIAM, LEO · title VICE PRESIDENT → SENIOR VICE PRESIDENT
Mar 1, 2022 filing
  • AddedCAREW, BENJAMIN, GREENWOOD · VICE PRESIDENT/PORTFOLIO MANAGER · 10–25% · control person
Mar 1, 2019 filing
  • AddedCOSTENBADER, WALTER, RUSSELL · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ChangedCAREW, JOHN, BRIAN · title PRESIDENT, CHIEF COMPLIANCE OFFICER → PRESIDENT
Mar 13, 2015 filing
  • No longer listedMCGEE, WILLIAM, L. · SHAREHOLDER · 10–25% · listed since Nov 2002
  • ChangedLITTLE, WILLIAM, LEO · ownership 10–25% → 25–50%
Mar 31, 2014 filing
  • ChangedLITTLE, WILLIAM, LEO · ownership 5–10% → 10–25%; now a control person
Older changes (2 more filings)
Mar 21, 2013 filing
  • ChangedCAREW, JOHN, BRIAN · ownership 75% or more → 50–75%
  • ChangedLITTLE, WILLIAM, LEO · ownership Less than 5% → 5–10%
Nov 11, 2011 filing (earliest on record)
  • ListedCAREW, ANN, B. · SECRETARY/TREASURER · Less than 5%
  • ListedCAREW, JOHN, BRIAN · PRESIDENT, CHIEF COMPLIANCE OFFICER · 75% or more · control person
  • ListedLITTLE, WILLIAM, LEO · VICE PRESIDENT · Less than 5%
  • ListedMCGEE, WILLIAM, L. · SHAREHOLDER · 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.

Tandem Investment Advisors, Inc. 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 AMPHENOL CORP NEW CL A APH 032095101 $92.1M 6.17% 522,227 SH
2 NEXTERA ENERGY INC COM NEE 65339F101 $77.3M 5.18% 881,015 SH
3 INTERCONTINENTAL EXCHANGE INC ICE 45866F104 $66.4M 4.45% 539,355 SH
4 TERRENO RLTY CORP COM TRNO 88146M101 $65.9M 4.41% 1,017,056 SH
5 MICROSOFT CORP COM MSFT 594918104 $65.0M 4.36% 174,326 SH
6 RESMED INC COM RMD 761152107 $64.3M 4.31% 329,854 SH
7 STERIS PLC SHS USD STE G84720104 $62.7M 4.20% 297,826 SH
8 JACK HENRY & ASSOCIATES, INC. JKHY 426281101 $58.7M 3.93% 426,009 SH
9 BROWN & BROWN INC BRO 115236101 $57.1M 3.82% 889,649 SH
10 STRYKER CORP COM SYK 863667101 $56.3M 3.77% 178,927 SH
11 ROPER TECHNOLOGIES INC COM ROP 776696106 $54.1M 3.63% 160,003 SH
12 CHURCH & DWIGHT INC COM CHD 171340102 $53.3M 3.57% 549,790 SH
13 VISA INC CL A V 92826C839 $46.4M 3.11% 135,323 SH
14 BLACKROCK INC COM BLK 09247X101 $45.9M 3.07% 47,744 SH
15 MASTERCARD INC CL A MA 57636Q104 $44.1M 2.95% 85,826 SH
16 ABBOTT LABORATORIES ABT 002824100 $43.2M 2.90% 476,553 SH
17 PROCTER & GAMBLE CO PG 742718109 $42.7M 2.86% 291,482 SH
18 REPUBLIC SVCS INC COM RSG 760759100 $40.9M 2.74% 192,002 SH
19 WASTE CONNECTIONS INC COM WCN 94106B101 $40.7M 2.73% 244,098 SH
20 MCDONALDS CORP COM MCD 580135101 $37.2M 2.49% 137,575 SH
21 EXPEDITORS INTL WASH EXPD 302130109 $35.9M 2.40% 220,011 SH
22 ZOETIS INC CL A ZTS 98978V103 $35.8M 2.40% 498,095 SH
23 JOHNSON & JOHNSON COM JNJ 478160104 $34.6M 2.32% 136,198 SH
24 COSTCO WHOLESALE CORP COST 22160K105 $31.5M 2.11% 33,676 SH
25 INTUIT COM INTU 461202103 $27.2M 1.82% 104,162 SH
26 VERISK ANALYTICS INC COM VRSK 92345Y106 $26.3M 1.76% 146,646 SH
27 PEPSICO INC PEP 713448108 $26.2M 1.75% 193,158 SH
28 ROLLINS INC COM ROL 775711104 $25.7M 1.72% 615,789 SH
29 WEC ENERGY GROUP INC WEC 976657106 $20.4M 1.37% 174,860 SH
30 CINTAS CORP COM CTAS 172908105 $20.0M 1.34% 117,838 SH
31 BROADRIDGE FINL SOLUTI COM BR 11133T103 $19.2M 1.28% 139,968 SH
32 NASDAQ OMX GROUP INC COM NDAQ 631103108 $17.9M 1.20% 226,710 SH
33 BECTON DICKINSON & CO COM BDX 075887109 $13.9M 0.93% 92,167 SH
34 MEDPACE HLDGS INC COM MEDP 58506Q109 $5.0M 0.33% 9,358 SH
35 FORTINET INC COM FTNT 34959E109 $4.6M 0.31% 29,858 SH
36 IDEXX LABS INC COM IDXX 45168D104 $4.4M 0.30% 8,389 SH
37 QUALYS INC COM QLYS 74758T303 $4.0M 0.27% 29,188 SH
38 O REILLY AUTOMOTIVE COM ORLY 67103H107 $3.4M 0.23% 36,587 SH
39 INTUITIVE SURGICAL INC COM NEW ISRG 46120E602 $3.1M 0.21% 7,793 SH
40 AKAMAI TECHNOLOGIES INC AKAM 00971T101 $2.5M 0.16% 20,732 SH
41 TYLER TECHNOLOGIES INC COM TYL 902252105 $2.1M 0.14% 7,246 SH
42 SYNOPSYS INC COM SNPS 871607107 $1.9M 0.13% 4,271 SH
43 ABBVIE INC COM ABBV 00287Y109 $1.7M 0.12% 6,933 SH
44 MONSTER BEVERAGE CORP COM MNST 61174X109 $1.4M 0.10% 14,979 SH
45 ADOBE SYS INC COM ADBE 00724F101 $1.1M 0.07% 5,146 SH
46 CBOE HLDGS INC COM CBOE 12503M108 $837.5K 0.06% 3,451 SH
47 TJX COS INC NEW COM TJX 872540109 $829.5K 0.06% 5,475 SH
48 APPLE COMPUTER INC COM AAPL 037833100 $561.9K 0.04% 1,942 SH
49 ROYAL BK CDA MONTREAL COM RY 780087102 $558.8K 0.04% 2,700 SH
50 WAL MART WMT 931142103 $486.0K 0.03% 4,291 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-31 $1.49B 68 0001694284-26-000007
2026-03-31 2026-05-07 $2.04B 83 0001694284-26-000005
2025-12-31 2026-02-09 $2.69B 83 0001694284-26-000004
Filer Information
Address
145 KING STREET
SUITE 400
CHARLESTON, SC 29401
Phone
(843) 720-3413
Filing Manager
Tandem Investment Advisors, Inc.
CHARLESTON, SC
Signatory
Ben Carew
Vice President