Ironvine Capital Partners, LLC

Fundamental concentrated ★Highest signal CIK 1730478
League rank
#494
in Fundamental concentrated · #1890 overall
Long book
$909.6M
Q1 2026
Positions
55
Top-10 weight
56%
concentration
Last quarter
+14.4%
SPY +14.8%
Turnover
4%
of book per quarter

Strategy in plain words

auto-generated from filings

Ironvine Capital Partners, LLC is a concentrated fundamental stock-picker, running a $909.6M US long book across 55 positions.

The portfolio is concentrated: the top 10 names carry 56% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: AMAZON.COM INC, ALPHABET INC-CL C, MICROSOFT CORP, ANALOG DEVICES INC, HEICO CORP-CLASS A.

Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.8%
Q2 2024
+4.5%
Q3 2024
-0.3%
Q4 2024
-0.6%
Q1 2025
+6.2%
Q2 2025
+4.4%
Q3 2025
+2.7%
Q4 2025
-7.8%
Q1 2026
+14.4%

Sector allocation

Technology
27%
Services media
20%
Consumer discretionary
19%
Industrials
14%
Financials
13%
Other
4%
Healthcare
2%
Real estate
1%

Long book by quarter

$911.9M
Q1 2024
$913.0M
Q2 2024
$931.5M
Q3 2024
$933.3M
Q4 2024
$921.1M
Q1 2025
$965.0M
Q2 2025
$1.00B
Q3 2025
$999.0M
Q4 2025
$909.6M
Q1 2026

What does Ironvine Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMZN AMAZON.COM INCConsumer discretionary335.2K$69.8M7.7%-0.1%
GOOG ALPHABET INC-CL CTechnology219.1K$62.8M6.9%Held
MSFT MICROSOFT CORPTechnology155.1K$57.4M6.3%+0.5%
ADI ANALOG DEVICES INCTechnology176.2K$56.1M6.2%-4.2%
HEI/A HEICO CORP-CLASS AIndustrials234.4K$49.5M5.4%+0.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials96.7K$46.3M5.1%-1.5%
UNP UNION PACIFIC CORPIndustrials186.6K$45.3M5.0%0.0%
V VISA INC-CLASS A SHARESServices media147.6K$44.6M4.9%0.0%
SPGI S&P GLOBAL INCServices media96.7K$41.1M4.5%+1.1%
MCO MOODY'S CORPServices media81.8K$35.7M3.9%-0.2%
AON AON PLC-CLASS AFinancials107.7K$34.8M3.8%0.0%
MA MASTERCARD INC - AServices media66.9K$33.4M3.7%+0.2%
COST COSTCO WHOLESALE CORPConsumer discretionary33.5K$33.4M3.7%0.0%
TMO THERMO FISHER SCIENTIFIC INCOther64.1K$31.5M3.5%-0.7%
LOW LOWE'S COS INCConsumer discretionary107.0K$25.3M2.8%-2.9%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary252.5K$23.3M2.6%0.0%
DHR DANAHER CORPTechnology107.2K$20.3M2.2%0.0%
UNH UNITEDHEALTH GROUP INCFinancials65.8K$17.8M2.0%+1.1%
LH LABCORP HOLDINGS INCHealthcare65.5K$17.5M1.9%Held
CSGP COSTAR GROUP INCServices media375.3K$15.1M1.7%+1.1%
APH AMPHENOL CORP-CL ATechnology109.1K$13.8M1.5%-11.9%
AMAT APPLIED MATERIALS INCTechnology39.4K$13.5M1.5%-15.1%
HEI HEICO CORPIndustrials34.3K$9.4M1.0%-1.4%
DLTR DOLLAR TREE INCConsumer discretionary83.3K$9.1M1.0%Held
JPM JPMORGAN CHASE & COFinancials31.0K$9.1M1.0%Held
ASML ASML HOLDING NV-NY REG SHSIndustrials6.7K$8.9M1.0%-1.4%
HON HONEYWELL INTERNATIONAL INCIndustrials34.3K$7.7M0.9%-0.2%
DIS WALT DISNEY CO/THEServices media76.3K$7.4M0.8%Held
WSO WATSCO INCConsumer discretionary18.9K$6.9M0.8%+96.4%
AAPL APPLE INCTechnology22.9K$5.8M0.6%Held
BOC BOSTON OMAHA CORP-CL AReal estate425.4K$5.0M0.5%-5.8%
ADBE ADOBE INCTechnology17.4K$4.2M0.5%Held
BAC BANK OF AMERICA CORPFinancials76.2K$3.7M0.4%Held
CPRT COPART INCConsumer discretionary74.2K$2.5M0.3%New
ENTG ENTEGRIS INCOther19.1K$2.2M0.2%-26.1%
META META PLATFORMS INC-CLASS ATechnology3.5K$2.0M0.2%+28.6%
DE DEERE & COIndustrials3.5K$2.0M0.2%-78.9%
BRO BROWN & BROWN INCFinancials25.9K$1.7M0.2%+29.6%
ABT ABBOTT LABORATORIESHealthcare14.0K$1.4M0.2%Held
GD GENERAL DYNAMICS CORPIndustrials3.9K$1.3M0.1%Held
ODFL OLD DOMINION FREIGHT LINEIndustrials6.2K$1.2M0.1%-35.7%
PEP PEPSICO INCConsumer staples4.9K$761K0.1%Held
PG PROCTER & GAMBLE CO/THEOther4.9K$714K0.1%Held
MKC MCCORMICK & CO-NON VTG SHRSConsumer staples13.2K$666K0.1%Held
BDX BECTON DICKINSON AND COHealthcare3.9K$605K0.1%Held
TROW T ROWE PRICE GROUP INCFinancials6.1K$550K0.1%Held
PFE PFIZER INCHealthcare16.6K$466K0.1%Held
NVDA NVIDIA CORPTechnology2.0K$344K0.0%+4.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202656$909.8M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202653$999.0M canonicalSEC ↗
Q3 202513F-HRNov 14, 202553$1.00B canonicalSEC ↗
Q2 202513F-HRAug 14, 202551$965.0M canonicalSEC ↗
Q1 202513F-HRMay 15, 202550$921.1M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202547$933.3M canonicalSEC ↗
Q3 202413F-HRNov 14, 202447$931.5M canonicalSEC ↗
Q2 202413F-HRAug 14, 202446$913.0M canonicalSEC ↗
Q1 202413F-HRMay 15, 202445$911.9M canonicalSEC ↗