Dearborn Partners
CHICAGO, ILfiles as DEARBORN PARTNERS LLC
$3.6bn in 290 US stocks at the end of 30 June 2026. The top 10 are 27.3% of the money. It changed about 5.6% of the portfolio this quarter.
Value
$3.6bn
Stocks
290
Top 10 share
27.3%
Turnover
5.6%
What changed this quarter
New
Bought for the first time this quarter.
- Alliant EnergyLNT0.3% of the fund
- TJX CompaniesTJX0.2% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- ToroTTC<0.1% of the fund
- HeicoHEI<0.1% of the fund
- Ishares TRIGV<0.1% of the fund
- Micron TechnologyMU<0.1% of the fund
- Applied MaterialsAMAT<0.1% of the fund
- First SolarFSLR<0.1% of the fund
- Space Exploration TechnologiesSPCX<0.1% of the fund
- Ishares TREFA<0.1% of the fund
- Proshares TRUWM<0.1% of the fund
- Ishares TRICLN<0.1% of the fund
- HubbellHUBB<0.1% of the fund
- Robinhood MarketsHOOD<0.1% of the fund
- VistraVST<0.1% of the fund
- MascoMAS<0.1% of the fund
- Ishares TRTIP<0.1% of the fund
- UL SolutionsULS<0.1% of the fund
- Vanguard Index FDSVBK<0.1% of the fund
- IsharesEWQ<0.1% of the fund
Added
Bought more of a stock they already held.
- AppleAAPL6.1% of the fund+94%
- MicrosoftMSFT4.0% of the fund+106%
- Caseys General StoresCASY2.7% of the fund+65%
- McDonald'sMCD2.3% of the fund+83%
- AmphenolAPH2.2% of the fund+90%
- ExxonMobil HoldingsXOM2.2% of the fund+89%
- Automatic Data ProcessingADP2.1% of the fund+100%
- WEC Energy GroupWEC1.9% of the fund+91%
- Texas InstrumentsTXN1.9% of the fund+89%
- WatscoWSO1.9% of the fund+93%
- Atmos EnergyATO1.9% of the fund+100%
- CortevaCTVA1.8% of the fund+90%
- Republic ServicesRSG1.8% of the fund+90%
- QualcommQCOM1.7% of the fund+91%
- MastercardMA1.7% of the fund+92%
- Snap-onSNA1.6% of the fund+66%
- Verizon CommunicationsVZ1.6% of the fund+90%
- Illinois Tool WorksITW1.6% of the fund+93%
- AbbVieABBV1.6% of the fund+89%
- Sherwin-WilliamsSHW1.5% of the fund+92%
- Costco WholesaleCOST1.5% of the fund+77%
- WalmartWMT1.5% of the fund+78%
- Arthur J. GallagherAJG1.5% of the fund+92%
- Procter & GamblePG1.5% of the fund+92%
- JPMorgan ChaseJPM1.4% of the fund+100%
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Thomson Reuters
- Share
- 1.0%
- Value
- $36m
- Shares
- 422,575
+87%
- Spdr Series TrustSPYM
- Share
- 0.4%
- Value
- $14m
- Shares
- 174,533
+129%
- Vanguard Tax-Managed FDSVEA
- Share
- 0.2%
- Value
- $7m
- Shares
- 109,874
+131%
- Ishares TRAGG
- Share
- 0.2%
- Value
- $6m
- Shares
- 59,118
+103%
- Vaneck ETF TrustSMH
- Share
- 0.1%
- Value
- $5m
- Shares
- 10,143
+101%
- Invesco QQQ TRQQQ
- Share
- 0.1%
- Value
- $4m
- Shares
- 6,471
+101%
- Ishares TRIJH
- Share
- 0.1%
- Value
- $4m
- Shares
- 55,218
+127%
- Vanguard Scottsdale FDSVCLT
- Share
- 0.1%
- Value
- $4m
- Shares
- 52,688
+104%
- State STR Spdr S&P 500 ETF TSPY
- Share
- <0.1%
- Value
- $4m
- Shares
- 5,141
+115%
- Invesco Exch Traded FD TR IIVRP
- Share
- <0.1%
- Value
- $3m
- Shares
- 139,278
+102%
- Vanguard Total Bond Market Index ADMVBTLX
- Share
- <0.1%
- Value
- $3m
- Shares
- 44,627
+99%
- Principal Exchange Traded FDPREF
- Share
- <0.1%
- Value
- $3m
- Shares
- 171,687
+103%
- Select Sector Spdr TRXLC
- Share
- <0.1%
- Value
- $3m
- Shares
- 28,111
+102%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 6.1% | $221m | 816,983 | +94% |
| MicrosoftMSFT | 4.0% | $146m | 393,242 | +106% |
| Caseys General StoresCASY | 2.7% | $97m | 128,482 | +65% |
| McDonald'sMCD | 2.3% | $83m | 283,674 | +83% |
| AmphenolAPH | 2.2% | $79m | 526,040 | +90% |
| ExxonMobil HoldingsXOM | 2.2% | $79m | 510,350 | +89% |
| Automatic Data ProcessingADP | 2.1% | $75m | 351,753 | +100% |
| WEC Energy GroupWEC | 1.9% | $70m | 599,161 | +91% |
| Texas InstrumentsTXN | 1.9% | $69m | 282,818 | +89% |
| WatscoWSO | 1.9% | $67m | 172,936 | +93% |
| Atmos EnergyATO | 1.9% | $67m | 376,598 | +100% |
| CortevaCTVA | 1.8% | $66m | 787,099 | +90% |
| Republic ServicesRSG | 1.8% | $64m | 297,185 | +90% |
| QualcommQCOM | 1.7% | $63m | 404,476 | +91% |
| MastercardMA | 1.7% | $63m | 123,995 | +92% |
| Snap-onSNA | 1.6% | $59m | 156,071 | +66% |
| Verizon CommunicationsVZ | 1.6% | $59m | 1,271,408 | +90% |
| Illinois Tool WorksITW | 1.6% | $59m | 221,598 | +93% |
| AbbVieABBV | 1.6% | $57m | 242,993 | +89% |
| Sherwin-WilliamsSHW | 1.5% | $56m | 167,925 | +92% |
| Costco WholesaleCOST | 1.5% | $55m | 56,778 | +77% |
| WalmartWMT | 1.5% | $55m | 459,079 | +78% |
| Arthur J. GallagherAJG | 1.5% | $54m | 241,658 | +92% |
| Procter & GamblePG | 1.5% | $54m | 369,680 | +92% |
| JPMorgan ChaseJPM | 1.4% | $52m | 166,174 | +100% |
| CaterpillarCAT | 1.4% | $51m | 57,261 | +100% |
| CME GroupCME | 1.4% | $50m | 192,514 | +92% |
| Verisk AnalyticsVRSK | 1.3% | $47m | 257,137 | +123% |
| Motorola SolutionsMSI | 1.3% | $46m | 109,037 | +89% |
| Home DepotHD | 1.3% | $45m | 133,267 | +91% |
| StrykerSYK | 1.2% | $45m | 138,927 | +88% |
| NasdaqNDAQ | 1.2% | $45m | 542,725 | +91% |
| SterisSTE | 1.2% | $43m | 200,329 | +89% |
| NextEra EnergyNEE | 1.1% | $41m | 452,901 | +100% |
| EcolabECL | 1.1% | $41m | 149,710 | +89% |
| S&P GlobalSPGI | 1.1% | $40m | 96,392 | +89% |
| Johnson & JohnsonJNJ | 1.1% | $40m | 159,759 | +100% |
| NvidiaNVDA | 1.1% | $40m | 203,477 | +348% |
| CintasCTAS | 1.1% | $39m | 231,331 | +88% |
| EquinixEQIX | 1.1% | $39m | 38,285 | +88% |
| T-Mobile USTMUS | 1.1% | $39m | 202,639 | +87% |
| Thomson Reuters | 1.0% | $36m | 422,575 | +87% |
| McCormickMKC-V | 1.0% | $35m | 687,984 | +90% |
| FastenalFAST | 0.9% | $33m | 705,826 | +87% |
| American Water Works CompanyAWK | 0.9% | $31m | 233,118 | +85% |
| General DynamicsGD | 0.9% | $31m | 88,826 | +100% |
| AlphabetGOOGL | 0.8% | $31m | 94,784 | +102% |
| Abbott LaboratoriesABT | 0.8% | $30m | 304,231 | +40% |
| AccentureACN | 0.8% | $30m | 162,673 | +28% |
| EOG ResourcesEOG | 0.8% | $29m | 211,326 | +85% |
| IntuitINTU | 0.8% | $28m | 78,275 | +88% |
| Mondelez InternationalMDLZ | 0.8% | $27m | 472,555 | +102% |
| Tractor SupplyTSCO | 0.7% | $26m | 602,109 | +18% |
| Jack Henry & AssociatesJKHY | 0.7% | $25m | 171,027 | +86% |
| International Business MachinesIBM | 0.6% | $23m | 89,550 | +97% |
| Broadridge Financial SolutionsBR | 0.6% | $23m | 151,678 | +85% |
| Ares ManagementARES | 0.6% | $22m | 204,019 | +101% |
| BroadcomAVGO | 0.6% | $22m | 61,373 | +392% |
| RPM InternationalRPM | 0.5% | $20m | 186,766 | +100% |
| Union PacificUNP | 0.5% | $19m | 73,779 | +99% |
| Gilead SciencesGILD | 0.5% | $18m | 136,878 | +96% |
| RelianceRS | 0.5% | $16m | 48,303 | +100% |
| PepsiCoPEP | 0.4% | $15m | 104,920 | +102% |
| OneokOKE | 0.4% | $15m | 169,858 | +95% |
| Spdr Series TrustSPYM | 0.4% | $14m | 174,533 | +129% |
| ZoetisZTS | 0.4% | $14m | 130,908 | +22% |
| ChevronCVX | 0.3% | $12m | 65,910 | +100% |
| Air Products & ChemicalsAPD | 0.3% | $12m | 41,421 | +95% |
| RTXRTX | 0.3% | $11m | 58,015 | +97% |
| Alliant EnergyLNT | 0.3% | $10m | 137,070 | New |
| Novartis AGNVS | 0.3% | $10m | 67,247 | +91% |
| LindeLIN | 0.3% | $10m | 19,809 | +100% |
| Eli LillyLLY | 0.3% | $10m | 9,132 | +102% |
| Realty IncomeO | 0.3% | $9m | 149,729 | +98% |
| Amazon.comAMZN | 0.2% | $9m | 40,342 | +101% |
| VisaV | 0.2% | $9m | 27,131 | +103% |
| TJX CompaniesTJX | 0.2% | $9m | 57,603 | New |
| MedtronicMDT | 0.2% | $8m | 96,803 | +91% |
| MerckMRK | 0.2% | $8m | 63,964 | +83% |
| Coca-ColaKO | 0.2% | $8m | 97,042 | +100% |
| Vanguard Tax-Managed FDSVEA | 0.2% | $7m | 109,874 | +131% |
| StarbucksSBUX | 0.2% | $7m | 74,667 | +98% |
| DeereDE | 0.2% | $6m | 10,304 | +110% |
| Ishares TRAGG | 0.2% | $6m | 59,118 | +103% |
| Vaneck ETF TrustSMH | 0.1% | $5m | 10,143 | +101% |
| AlphabetGOOG | 0.1% | $5m | 16,288 | +100% |
| Carrier GlobalCARR | 0.1% | $5m | 76,870 | +100% |
| HersheyHSY | 0.1% | $5m | 25,143 | +100% |
| Invesco QQQ TRQQQ | 0.1% | $4m | 6,471 | +101% |
| Ishares TRIJH | 0.1% | $4m | 55,218 | +127% |
| Vanguard Scottsdale FDSVCLT | 0.1% | $4m | 52,688 | +104% |
| Advanced Micro DevicesAMD | 0.1% | $4m | 10,003 | +100% |
| BlackRockBLK | 0.1% | $4m | 3,872 | +95% |
| State STR Spdr S&P 500 ETF TSPY | <0.1% | $4m | 5,141 | +115% |
| Carpenter TechnologyCRS | <0.1% | $4m | 7,100 | +100% |
| Invesco Exch Traded FD TR IIVRP | <0.1% | $3m | 139,278 | +102% |
| Vanguard Total Bond Market Index ADMVBTLX | <0.1% | $3m | 44,627 | +99% |
| Principal Exchange Traded FDPREF | <0.1% | $3m | 171,687 | +103% |
| Southern CompanySO | <0.1% | $3m | 33,767 | +100% |
| Select Sector Spdr TRXLC | <0.1% | $3m | 28,111 | +102% |
Showing the largest 100 of 290.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 71.0% since 30 June 2025.
Where the money is
Technology21.9%
Industrials17.3%
Financial services10.8%
Everyday goods9.9%
Health care8.1%
Utilities6.4%
Materials6.3%
Retail & consumer5.1%
Energy3.9%
Media & telecom3.8%
Real estate1.4%
Other5.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.