HARVEY INVESTMENT CO LLC

Fundamental diversified ★Signal CIK 1162781
League rank
#843
in Fundamental diversified · #6973 overall
Long book
$909.5M
Q1 2026
Positions
98
Top-10 weight
47%
concentration
Last quarter
+5.6%
SPY +14.8%
Turnover
2%
of book per quarter

Strategy in plain words

auto-generated from filings

HARVEY INVESTMENT CO LLC is a diversified fundamental manager, running a $909.5M US long book across 98 positions.

The portfolio is moderately concentrated (top 10 ≈ 47% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: O'REILLY AUTOMOTIVE INC, TJX COMPANIES INC, JOHNSON & JOHNSON, BERKSHIRE HATHAWAY INC-CL B, FASTENAL CO.

Over the last 9 quarters its long book ran on average 2.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.3%
Q2 2024
+8.2%
Q3 2024
-2.1%
Q4 2024
+5.1%
Q1 2025
+1.5%
Q2 2025
+6.7%
Q3 2025
+0.5%
Q4 2025
-2.3%
Q1 2026
+5.6%

Sector allocation

Consumer discretionary
29%
Healthcare
21%
Technology
12%
Industrials
10%
Financials
10%
Services media
5%
Materials
3%
Consumer staples
3%

Long book by quarter

$886.2M
Q1 2024
$836.4M
Q2 2024
$885.9M
Q3 2024
$865.8M
Q4 2024
$900.7M
Q1 2025
$910.0M
Q2 2025
$937.2M
Q3 2025
$939.2M
Q4 2025
$909.5M
Q1 2026

What does HARVEY INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary946.3K$87.4M9.6%-1.3%
TJX TJX COMPANIES INCConsumer discretionary348.8K$55.7M6.1%-1.0%
JNJ JOHNSON & JOHNSONHealthcare199.2K$48.7M5.4%-1.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials97.8K$46.9M5.2%-2.4%
FAST FASTENAL COConsumer discretionary998.6K$46.3M5.1%-1.1%
COST COSTCO WHOLESALE CORPConsumer discretionary31.7K$31.6M3.5%-1.7%
GOOG ALPHABET INC-CL CTechnology98.8K$28.3M3.1%-7.2%
APH AMPHENOL CORP-CL ATechnology222.9K$28.2M3.1%-5.4%
IDXX IDEXX LABORATORIES INCMaterials50.1K$28.1M3.1%-4.3%
A AGILENT TECHNOLOGIES INCHealthcare228.0K$26.0M2.9%-0.7%
ABT ABBOTT LABORATORIESHealthcare250.8K$25.8M2.8%+3.7%
NDSN NORDSON CORPIndustrials96.7K$25.7M2.8%-2.4%
WCN WASTE CONNECTIONS INCUtilities158.1K$25.7M2.8%-0.3%
ULTA ULTA BEAUTY INCConsumer discretionary48.2K$25.2M2.8%-2.4%
VRSK VERISK ANALYTICS INCTechnology129.6K$24.6M2.7%-0.6%
STE STERIS PLCHealthcare101.1K$22.4M2.5%+9.2%
MA MASTERCARD INC - AServices media43.7K$21.8M2.4%-1.5%
IEX IDEX CORPIndustrials112.2K$21.3M2.3%+1.9%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials29$20.8M2.3%-3.3%
XOM EXXON MOBIL CORPEnergy115.0K$19.5M2.1%-0.4%
PAYX PAYCHEX INCServices media189.3K$17.4M1.9%+5.3%
ABBV ABBVIE INCHealthcare79.1K$17.2M1.9%Held
PEP PEPSICO INCConsumer staples87.7K$13.6M1.5%-0.5%
MTD METTLER-TOLEDO INTERNATIONALHealthcare9.6K$12.2M1.3%-1.4%
KNX KNIGHT-SWIFT TRANSPORTATIONIndustrials203.4K$11.7M1.3%-3.0%
CPRT COPART INCConsumer discretionary337.4K$11.2M1.2%+50.8%
WAT WATERS CORPHealthcare33.1K$9.8M1.1%+0.4%
LLY ELI LILLY & COHealthcare9.8K$9.0M1.0%-9.2%
ITW ILLINOIS TOOL WORKSIndustrials33.9K$8.8M1.0%-1.4%
AME AMETEK INCTechnology40.0K$8.6M0.9%Held
MMM 3M COHealthcare54.7K$7.9M0.9%-4.2%
PNC PNC FINANCIAL SERVICES GROUPFinancials37.3K$7.8M0.9%Held
PG PROCTER & GAMBLE CO/THEOther44.0K$6.4M0.7%Held
DCI DONALDSON CO INCIndustrials68.0K$5.8M0.6%-1.7%
JPM JPMORGAN CHASE & COFinancials18.9K$5.6M0.6%Held
KO COCA-COLA CO/THEConsumer staples73.0K$5.5M0.6%-0.5%
MSFT MICROSOFT CORPTechnology14.6K$5.4M0.6%Held
ADBE ADOBE INCTechnology22.1K$5.4M0.6%-0.9%
ZTS ZOETIS INCHealthcare41.7K$4.9M0.5%+3.7%
AOS SMITH (A.O.) CORPIndustrials73.7K$4.9M0.5%+15.8%
APD AIR PRODUCTS & CHEMICALS INCMaterials12.6K$3.7M0.4%Held
MRK MERCK & CO. INC.Healthcare29.3K$3.5M0.4%Held
VNT VONTIER CORPTechnology95.5K$3.4M0.4%+52.7%
AAPL APPLE INCTechnology13.3K$3.4M0.4%Held
CSL CARLISLE COS INCOther9.9K$3.3M0.4%Held
GGG GRACO INCIndustrials37.0K$3.1M0.3%Held
EXP EAGLE MATERIALS INCIndustrials13.9K$2.6M0.3%-6.1%
MKC MCCORMICK & CO-NON VTG SHRSConsumer staples51.9K$2.6M0.3%-0.2%
BF/A BROWN-FORMAN CORP-CLASS AConsumer staples85.5K$2.3M0.3%Held
CVX CHEVRON CORPEnergy11.0K$2.3M0.3%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 21, 202699$909.5M $K fixed canonicalSEC ↗
Q4 202513F-HRJan 22, 202699$939.2M $K fixed canonicalSEC ↗
Q3 202513F-HROct 22, 2025102$937.2M $K fixed canonicalSEC ↗
Q2 202513F-HRJul 23, 2025103$910.0M $K fixed canonicalSEC ↗
Q1 202513F-HRApr 22, 2025102$900.7M $K fixed canonicalSEC ↗
Q4 202413F-HRJan 28, 2025103$865.8M $K fixed canonicalSEC ↗
Q3 202413F-HROct 22, 2024103$885.9M $K fixed canonicalSEC ↗
Q2 202413F-HRJul 23, 202498$836.4M $K fixed canonicalSEC ↗
Q1 202413F-HRApr 24, 202498$886.2M $K fixed canonicalSEC ↗