Institutional Manager · CIK 0001541496
Hendershot Investments Inc.
Centreville, VA · File #028-14734
Latest AUM
$784.5M
Positions
124
Top-10 Concentration
54.9%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | ALPHABET INC | GOOG | -45,123 | -$14.1M | +$14.4M |
| EXITED | UNITEDHEALTH GROUP INC | 91324P102 | -34,117 | -$11.8M | $0 |
| ADD | PROCTER & GAMBLE CO | 742718109 | +67,881 | +$9.7M | -$167,743 |
| EXITED | MOLINA HEALTHCARE INC | 60855R100 | -28,119 | -$5.4M | $0 |
| REDUCE | ADOBE INC | ADBE | -9,893 | -$3.5M | -$88,776 |
| ADD | VISA INC | V | +8,798 | +$3.1M | +$625,688 |
| ADD | AUTOMATIC DATA PROCESSING IN | ADP | +11,163 | +$2.9M | -$2.5M |
| REDUCE | CORPAY INC | CPAY | -7,967 | -$2.4M | +$666,395 |
| ADD | RESMED INC | RSMDF | +7,057 | +$1.7M | -$1.6M |
| ADD | MICROSOFT CORP | MSFT | +3,296 | +$1.6M | -$2.1M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025124 pos · $784.5M
- 13F HOLDINGS REPORTQ/E Sep 2025128 pos · $794.4M
- 13F HOLDINGS REPORTQ/E Jun 2025129 pos · $748.4M
- 13F HOLDINGS REPORTQ/E Mar 2025129 pos · $734.7M
- 13F HOLDINGS REPORTQ/E Dec 2024131 pos · $733.7M
- 13F HOLDINGS REPORTQ/E Sep 2024130 pos · $736.2M
- 13F HOLDINGS REPORTQ/E Jun 2024131 pos · $695.9M
- 13F HOLDINGS REPORTQ/E Mar 2024131 pos · $699.4M
- 13F HOLDINGS REPORTQ/E Dec 2023134 pos · $596.5M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 210,484 | $105.8M | 14.16% |
| 2 | ALPHABET INC | GOOG | 160,989 | $50.4M | 6.75% |
| 3 | APPLE INC | AAPL | 177,985 | $48.4M | 6.48% |
| 4 | TJX COS INC NEW | 872540109 | 244,204 | $37.5M | 5.02% |
| 5 | BOOKING HOLDINGS INC | BKNG | 6,491 | $34.8M | 4.65% |
| 6 | JOHNSON & JOHNSON | JNJ | 158,598 | $32.8M | 4.39% |
| 7 | MICROSOFT CORP | MSFT | 64,291 | $31.1M | 4.16% |
| 8 | VISA INC | V | 75,860 | $26.6M | 3.56% |
| 9 | GENERAL DYNAMICS CORP | GD | 65,721 | $22.1M | 2.96% |
| 10 | MASTERCARD INC | MA | 36,011 | $20.6M | 2.75% |
| 11 | AUTOMATIC DATA PROCESSING IN | ADP | 79,898 | $20.6M | 2.75% |
| 12 | NVIDIA CORPORATION | NVDA | 105,059 | $19.6M | 2.62% |
| 13 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 234,602 | $19.5M | 2.61% |
| 14 | PEPSICO INC | PEP | 123,636 | $17.7M | 2.38% |
| 15 | AMAZON COM INC | AMZN | 75,885 | $17.5M | 2.34% |
| 16 | GENUINE PARTS CO | GPC | 125,547 | $15.4M | 2.07% |
| 17 | RTX CORPORATION | RTX | 81,542 | $15.0M | 2.00% |
| 18 | ROSS STORES INC | ROST | 74,761 | $13.5M | 1.80% |
| 19 | RESMED INC | RSMDF | 55,094 | $13.3M | 1.78% |
| 20 | CORPAY INC | CPAY | 43,812 | $13.2M | 1.76% |