DEARBORN PARTNERS LLC
Long book
$1.85B
Q1 2026
Positions
269
Top-10 weight
27%
concentration
Last quarter
+5.2%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsDEARBORN PARTNERS LLC is an institutional manager, running a $1.85B US long book across 269 positions.
The portfolio is moderately concentrated (top 10 ≈ 27% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, MICROSOFT CORP, CASEY'S GENERAL STORES INC, MCDONALD'S CORP, EXXON MOBIL CORP.
Over the last 9 quarters its long book ran on average 2.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.1%
Q2 2024
+9.8%
Q3 2024
-1.7%
Q4 2024
+3.0%
Q1 2025
+2.4%
Q2 2025
+3.2%
Q3 2025
-1.8%
Q4 2025
-1.1%
Q1 2026
+5.2%
Sector allocation
Technology 25%
Consumer discretionary 18%
Utilities 9%
Healthcare 9%
Industrials 8%
Financials 8%
Services media 6%
Other 5%
Long book by quarter
What does DEARBORN PARTNERS own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 422.0K | $107.1M | 5.8% | -6.1% |
| MSFT MICROSOFT CORP | Technology | 190.5K | $70.5M | 3.8% | -4.9% |
| CASY CASEY'S GENERAL STORES INC | Consumer discretionary | 77.8K | $56.6M | 3.1% | -6.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 155.0K | $48.2M | 2.6% | -5.8% |
| XOM EXXON MOBIL CORP | Energy | 269.5K | $45.7M | 2.5% | -8.6% |
| WEC WEC ENERGY GROUP INC | Utilities | 314.4K | $36.4M | 2.0% | -7.3% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 175.6K | $35.7M | 1.9% | -5.7% |
| APH AMPHENOL CORP-CL A | Technology | 277.2K | $35.0M | 1.9% | -10.7% |
| ATO ATMOS ENERGY CORP | Utilities | 188.3K | $34.8M | 1.9% | -8.6% |
| CTVA CORTEVA INC | Consumer staples | 413.9K | $34.6M | 1.9% | -8.9% |
| RSG REPUBLIC SERVICES INC | Utilities | 156.2K | $34.2M | 1.9% | -8.5% |
| SNA SNAP-ON INC | Industrials | 93.8K | $34.1M | 1.8% | -7.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 669.5K | $33.6M | 1.8% | -6.9% |
| WSO WATSCO INC | Consumer discretionary | 89.6K | $32.6M | 1.8% | -5.4% |
| MA MASTERCARD INC - A | Services media | 64.6K | $32.3M | 1.7% | -6.5% |
| WMT WALMART INC | Consumer discretionary | 258.3K | $32.1M | 1.7% | -9.3% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 32.1K | $31.9M | 1.7% | -8.0% |
| ITW ILLINOIS TOOL WORKS | Industrials | 115.0K | $29.9M | 1.6% | -19.5% |
| CME CME GROUP INC | Financials | 100.4K | $29.7M | 1.6% | +6.2% |
| TXN TEXAS INSTRUMENTS INC | Technology | 149.5K | $29.0M | 1.6% | -5.6% |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 87.4K | $28.0M | 1.5% | -6.1% |
| ABBV ABBVIE INC | Healthcare | 128.4K | $27.9M | 1.5% | -9.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 192.7K | $27.8M | 1.5% | -4.7% |
| QCOM QUALCOMM INC | Technology | 211.7K | $27.3M | 1.5% | -7.1% |
| AJG ARTHUR J GALLAGHER & CO | Financials | 125.9K | $27.3M | 1.5% | -6.0% |
| ACN ACCENTURE PLC-CL A | Services media | 126.6K | $25.1M | 1.4% | +8.5% |
| MSI MOTOROLA SOLUTIONS INC | Technology | 57.6K | $25.0M | 1.4% | -8.5% |
| JPM JPMORGAN CHASE & CO | Financials | 83.2K | $24.5M | 1.3% | -0.9% |
| SYK STRYKER CORP | Healthcare | 73.9K | $24.3M | 1.3% | -8.7% |
| NDAQ NASDAQ INC | Financials | 284.1K | $24.1M | 1.3% | -8.7% |
| STE STERIS PLC | Healthcare | 105.8K | $23.4M | 1.3% | -7.4% |
| TSCO TRACTOR SUPPLY COMPANY | Consumer discretionary | 511.5K | $23.2M | 1.3% | -7.4% |
| HD HOME DEPOT INC | Consumer discretionary | 69.7K | $22.9M | 1.2% | -7.9% |
| TMUS T-MOBILE US INC | Communications | 108.6K | $22.8M | 1.2% | -8.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 217.2K | $22.3M | 1.2% | -7.9% |
| VRSK VERISK ANALYTICS INC | Technology | 115.1K | $21.8M | 1.2% | +30.1% |
| SPGI S&P GLOBAL INC | Services media | 51.0K | $21.7M | 1.2% | -7.7% |
| ECL ECOLAB INC | Other | 79.2K | $21.1M | 1.1% | +1307.4% |
| NEE NEXTERA ENERGY INC | Utilities | 226.4K | $21.0M | 1.1% | -0.4% |
| CTAS CINTAS CORP | Other | 123.1K | $20.8M | 1.1% | -8.4% |
| CAT CATERPILLAR INC | Industrials | 28.6K | $20.3M | 1.1% | -0.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 79.9K | $19.5M | 1.1% | -1.3% |
| MKC/V MCCORMICK & CO INC VTG COM | Consumer staples | 362.5K | $18.3M | 1.0% | -7.1% |
| INTU INTUIT INC | Technology | 41.7K | $18.0M | 1.0% | -8.3% |
| FAST FASTENAL CO | Consumer discretionary | 377.1K | $17.5M | 0.9% | -30.4% |
| AWK AMERICAN WATER WORKS CO INC | Utilities | 126.2K | $17.2M | 0.9% | -11.2% |
| EOG EOG RESOURCES INC | Energy | 114.2K | $16.5M | 0.9% | -10.4% |
| GD GENERAL DYNAMICS CORP | Industrials | 44.4K | $15.2M | 0.8% | -1.6% |
| JKHY JACK HENRY & ASSOCIATES INC | Technology | 92.1K | $14.6M | 0.8% | -10.3% |
| GOOGL ALPHABET INC-CL A | Technology | 47.0K | $13.5M | 0.7% | -1.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 287 | $1.85B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 285 | $2.00B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 273 | $2.13B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 275 | $2.11B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 276 | $2.08B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 276 | $2.39B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 283 | $2.46B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 26, 2024 | 273 | $2.31B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 278 | $2.33B | canonical | SEC ↗ |
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