Tandem Investment Advisors 13F annual report
Tandem Investment Advisors is an investment fund managing more than $2.58 billion ran by Ben Carew. There are currently 88 companies in Mr. Carew’s portfolio. The largest investments include Cboe Hldgs Inc Com and Visa Inc, together worth $260 million.
$2.58 billion Assets Under Management (AUM)
As of 23rd April 2024, Tandem Investment Advisors’s top holding is 799,880 shares of Cboe Hldgs Inc Com currently worth over $147 million and making up 5.7% of the portfolio value.
In addition, the fund holds 406,290 shares of Visa Inc worth $113 million, whose value grew 16.8% in the past six months.
The third-largest holding is Factset Resh Sys Inc Com worth $112 million and the next is Abbott Laboratories worth $110 million, with 964,079 shares owned.
Currently, Tandem Investment Advisors's portfolio is worth at least $2.58 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Tandem Investment Advisors
The Tandem Investment Advisors office and employees reside in Charleston, South Carolina. According to the last 13-F report filed with the SEC, Ben Carew serves as the Vice President at Tandem Investment Advisors.
Recent trades
In the most recent 13F filing, Tandem Investment Advisors revealed that it had opened a new position in
Bath Body Works Inc Com and bought 6,400 shares worth $320 thousand.
The investment fund also strengthened its position in Cboe Hldgs Inc Com by buying
75,138 additional shares.
This makes their stake in Cboe Hldgs Inc Com total 799,880 shares worth $147 million.
On the other hand, there are companies that Tandem Investment Advisors is getting rid of from its portfolio.
Tandem Investment Advisors closed its position in Hormel Foods Corp Com on 30th April 2024.
It sold the previously owned 1,880,928 shares for $60.4 million.
Ben Carew also disclosed a decreased stake in Intercontinental Exchange Inc by approximately 0.1%.
This leaves the value of the investment at $102 million and 744,005 shares.
One of the smallest hedge funds
The two most similar investment funds to Tandem Investment Advisors are Oak Management Corp and Rreef America. They manage $2.58 billion and $2.59 billion respectively.
Ben Carew investment strategy
Tandem Investment Advisors’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 14.0% of
the total portfolio value.
The fund focuses on investments in the United States as
38.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
36% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $180 billion.
The complete list of Tandem Investment Advisors trades based on 13F SEC filings
These positions were updated on April 30th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Cboe Hldgs Inc Com |
10.37%
799,880
|
$146,962,000 | 5.69% |
| Visa Inc |
4.22%
406,290
|
$113,387,000 | 4.39% |
| Factset Resh Sys Inc Com |
13.01%
246,543
|
$112,027,000 | 4.34% |
| Abbott Laboratories |
5.19%
964,079
|
$109,577,000 | 4.24% |
| Intercontinental Exchange Inc |
3.64%
744,005
|
$102,249,000 | 3.96% |
| Comcast Corp New Cl A |
4.20%
2,249,014
|
$97,495,000 | 3.78% |
| Resmed Inc. |
29.66%
486,801
|
$96,401,000 | 3.73% |
| Becton Dickinson Co Com |
20.88%
373,453
|
$92,411,000 | 3.58% |
| Stryker Corp Com |
3.04%
246,614
|
$88,256,000 | 3.42% |
| NextEra Energy Inc |
6.35%
1,338,971
|
$85,574,000 | 3.31% |
| Smucker J M Co |
4.78%
672,060
|
$84,592,000 | 3.28% |
| Accenture Plc Ireland Shs Clas |
4.17%
239,577
|
$83,040,000 | 3.22% |
| Johnson Johnson Com |
4.14%
496,920
|
$78,608,000 | 3.04% |
| Microsoft Corp Com |
0.99%
183,582
|
$77,237,000 | 2.99% |
| Mastercard Incorporated |
1.82%
159,110
|
$76,623,000 | 2.97% |
| Essential Utils Inc Com |
7.72%
2,010,380
|
$74,485,000 | 2.88% |
| Henry Jack Assoc Inc Com |
4.84%
417,751
|
$72,576,000 | 2.81% |
| Amphenol Corp. |
21.53%
609,656
|
$70,324,000 | 2.72% |
| Blackrock Inc. |
1.47%
81,671
|
$68,089,000 | 2.64% |
| Steris Plc Shs Usd |
2.13%
295,112
|
$66,347,000 | 2.57% |
| Terreno Rlty Corp Com |
2.07%
997,392
|
$66,227,000 | 2.56% |
| Republic Svcs Inc Com |
21.80%
337,855
|
$64,679,000 | 2.50% |
| Brown Brown Inc |
3.12%
694,802
|
$60,823,000 | 2.36% |
| Hormel Foods Corp Com |
Closed
1,880,928
|
$60,397,000 | |
| Brown-Forman Corporation |
36.75%
1,128,637
|
$58,260,000 | 2.26% |
| Waste Connections Inc |
3.00%
333,859
|
$57,427,000 | 2.22% |
| Sei Investments Co Com |
22.90%
721,270
|
$51,859,000 | 2.01% |
| Nike, Inc. |
5.71%
509,237
|
$47,858,000 | 1.85% |
| Marketaxess Hldgs Inc Com |
10.96%
217,128
|
$47,605,000 | 1.84% |
| Church Dwight Inc Com |
2.95%
439,375
|
$45,831,000 | 1.77% |
| Automatic Data Processing Inc. |
3.32%
170,637
|
$42,615,000 | 1.65% |
| Expeditors Intl Wash |
24.70%
339,353
|
$41,255,000 | 1.60% |
| Costco Wholesale Corp |
26.47%
55,111
|
$40,376,000 | 1.56% |
| Verisk Analytics Inc |
16.92%
166,689
|
$39,294,000 | 1.52% |
| Roper Technologies Inc |
0.10%
54,086
|
$30,333,000 | 1.17% |
| Abbvie Inc |
31.23%
156,145
|
$28,434,000 | 1.10% |
| O Reilly Automotive Com |
5.72%
6,265
|
$7,072,000 | 0.27% |
| Fiserv, Inc. |
2.31%
37,615
|
$6,012,000 | 0.23% |
| Qualys Inc |
10.78%
31,838
|
$5,313,000 | 0.21% |
| Check Point Software Ord |
2.70%
30,657
|
$5,028,000 | 0.19% |
| Intuitive Surgical Inc Com New |
2.24%
11,781
|
$4,702,000 | 0.18% |
| Schein Henry Inc Com |
4.64%
56,693
|
$4,281,000 | 0.17% |
| Ansys Inc. |
2.04%
10,475
|
$3,637,000 | 0.14% |
| Five Below Inc |
2.99%
19,146
|
$3,473,000 | 0.13% |
| Akamai Technologies Inc |
7.05%
29,655
|
$3,225,000 | 0.12% |
| Tyler Technologies, Inc. |
2.65%
7,321
|
$3,111,000 | 0.12% |
| Apple Computer Inc Com |
27.26%
7,490
|
$1,284,000 | 0.05% |
| Coca Cola Co Com |
29.82%
15,317
|
$937,000 | 0.04% |
| Royal Bk Cda Montreal Com |
No change
9,000
|
$908,000 | 0.04% |
| Wal Mart |
118.33%
15,067
|
$907,000 | 0.04% |
| Fastenal Co. |
41.98%
10,019
|
$773,000 | 0.03% |
| Unitedhealth Group Inc |
2.30%
1,531
|
$757,000 | 0.03% |
| Home Depot, Inc. |
15.08%
1,694
|
$650,000 | 0.03% |
| Spdr Tr Unit Ser 1 |
6.08%
1,174
|
$614,000 | 0.02% |
| Tjx Cos Inc New Com |
2.48%
5,701
|
$578,000 | 0.02% |
| Blackstone Group L P Com Unit |
2.85%
3,920
|
$515,000 | 0.02% |
| Jpmorgan Chase Co |
9.31%
2,397
|
$480,000 | 0.02% |
| Truist Finl Corp Com |
1.94%
12,154
|
$474,000 | 0.02% |
| Sonoco Prods Co Com |
Closed
7,960
|
$445,000 | |
| Quidel Corp Com |
No change
8,460
|
$406,000 | 0.02% |
| Merck Co Inc New Com |
35.77%
3,044
|
$402,000 | 0.02% |
| NV5 Global Inc |
9.35%
3,870
|
$379,000 | 0.01% |
| Alphabet Inc |
28.19%
2,499
|
$377,000 | 0.01% |
| NBT Bancorp. Inc. |
Closed
8,973
|
$376,000 | |
| Procter Gamble Co |
30.11%
2,273
|
$369,000 | 0.01% |
| Dollar Gen Corp New Com |
50.13%
2,284
|
$356,000 | 0.01% |
| Elevance Health Inc Com |
Closed
718
|
$339,000 | |
| Bath Body Works Inc Com |
Opened
6,400
|
$320,000 | 0.01% |
| Exlservice Holdings In Com |
13.29%
9,719
|
$309,000 | 0.01% |
| Amazon.com Inc. |
33.62%
1,635
|
$295,000 | 0.01% |
| Pepsico Inc |
Opened
1,611
|
$282,000 | 0.01% |
| Du Pont E I De Nemours |
0.61%
3,598
|
$276,000 | 0.01% |
| Mckesson Corp Com |
4.56%
502
|
$269,000 | 0.01% |
| Altria Group Inc. |
7.15%
6,086
|
$265,000 | 0.01% |
| Carter Bk Tr Martins Com |
18.00%
20,500
|
$259,000 | 0.01% |
| Eaton Corp Plc Shs |
Opened
827
|
$259,000 | 0.01% |
| Ecolab, Inc. |
65.77%
1,096
|
$253,000 | 0.01% |
| United Parcel Service Inc Cl |
Opened
1,666
|
$248,000 | 0.01% |
| Chevron Corp. |
Opened
1,545
|
$244,000 | 0.01% |
| Intuit Com |
Opened
373
|
$242,000 | 0.01% |
| AMGEN Inc. |
Opened
850
|
$242,000 | 0.01% |
| Illinois Tool Wks Inc Com |
Opened
875
|
$235,000 | 0.01% |
| Ametek Inc New Com |
Opened
1,260
|
$230,000 | 0.01% |
| Graco Inc. |
No change
2,400
|
$224,000 | 0.01% |
| General Dynamics Corp. |
Opened
789
|
$223,000 | 0.01% |
| Marathon Pete Corp Com |
23.96%
1,092
|
$220,000 | 0.01% |
| Perkinelmer Inc Com |
Closed
1,983
|
$217,000 | |
| Alphabet Inc |
24.03%
1,426
|
$217,000 | 0.01% |
| Philip Morris Intl Inc Com |
5.08%
2,318
|
$212,000 | 0.01% |
| Cisco Sys Inc Com |
Opened
4,142
|
$207,000 | 0.01% |
| Mcdonalds Corp Com |
8.61%
722
|
$204,000 | 0.01% |
| Corteva Inc |
Opened
3,525
|
$203,000 | 0.01% |
| Phillips 66 Com |
Opened
1,237
|
$202,000 | 0.01% |
| Wisconsin Energy Corp Com |
Closed
2,386
|
$201,000 | |
| No transactions found | |||
| Showing first 500 out of 94 holdings | |||
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