Q2 2026 13F · SEC CIK 1206792

Dearborn Partners LLC

Investment managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.8B
Reported positions: 269
Top holdings a year, 3 yrs: +8.8%
Average holding period: 9.0 yrs

Dearborn Partners LLC is an investment manager that reported 269 positions worth $1.8B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Apple Inc (AAPL, 5.8%), Microsoft Corp (MSFT, 3.8%), Caseys Gen Stores Inc (CASY, 3.1%). A portfolio copying its top holdings returned 8.8% a year over the last 3 years, against 20.4% for the S&P 500.

Dearborn Partners LLC holdings largest 50 of 269 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Dearborn Partners LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
AAPLApple Inc	5.8%	5.8%	422,029	+0.0%	$107.1M
MSFTMicrosoft Corp	3.8%	3.8%	190,461	+0.0%	$70.5M
CASYCaseys Gen Stores Inc	3.1%	3.1%	77,759	+0.0%	$56.6M
MCDMcdonalds Corp	2.6%	2.6%	154,975	+0.0%	$48.2M
XOMExxon Mobil Corp	2.5%	2.5%	269,535	+0.0%	$45.7M
WECWec Energy Group Inc	2.0%	2.0%	314,438	+0.0%	$36.4M
ADPAutomatic Data Processing in	1.9%	1.9%	175,647	+0.0%	$35.7M
APHAmphenol Corp	1.9%	1.9%	277,186	+0.0%	$35.0M
ATOAtmos Energy Corp	1.9%	1.9%	188,269	+0.0%	$34.8M
CTVACorteva Inc	1.9%	1.9%	413,919	+0.0%	$34.6M
RSGRepublic Svcs Inc	1.9%	1.9%	156,191	+0.0%	$34.2M
SNASnap on Inc	1.8%	1.8%	93,789	+0.0%	$34.1M
VZVerizon Communications Inc	1.8%	1.8%	669,518	+0.0%	$33.6M
WSOWatsco	1.8%	1.8%	89,590	+0.0%	$32.6M
MAMastercard Incorporated	1.7%	1.7%	64,596	+0.0%	$32.3M
WMTWalmart Inc	1.7%	1.7%	258,281	+0.0%	$32.1M
COSTCostco Wholesale Corporation	1.7%	1.7%	32,064	+0.0%	$31.9M
ITWIllinois Tool Wks Inc	1.6%	1.6%	114,961	+0.0%	$29.9M
CMECme Group Inc	1.6%	1.6%	100,440	+0.0%	$29.7M
TXNTexas Instrs Inc	1.6%	1.6%	149,485	+0.0%	$29.0M
SHWSherwin Williams Co	1.5%	1.5%	87,391	+0.0%	$28.0M
ABBVAbbvie Inc	1.5%	1.5%	128,402	+0.0%	$27.9M
PGProcter & Gamble Co	1.5%	1.5%	192,745	+0.0%	$27.8M
QCOMQualcomm Inc	1.5%	1.5%	211,684	+0.0%	$27.3M
AJGGallagher Arthur J & Co	1.5%	1.5%	125,858	+0.0%	$27.3M
ACNAccenture PLC Ireland	1.4%	1.4%	126,620	+0.0%	$25.1M
MSIMotorola Solutions Inc	1.4%	1.4%	57,593	+0.0%	$25.0M
JPMJpmorgan Chase & Co	1.3%	1.3%	83,156	+0.0%	$24.5M
SYKStryker Corporation	1.3%	1.3%	73,889	+0.0%	$24.3M
NDAQNasdaq Inc	1.3%	1.3%	284,092	+0.0%	$24.1M
STESteris PLC	1.3%	1.3%	105,783	+0.0%	$23.4M
TSCOTractor Supply Co	1.3%	1.3%	511,499	+0.0%	$23.2M
HDHome Depot Inc	1.2%	1.2%	69,668	+0.0%	$22.9M
TMUST-Mobile US Inc	1.2%	1.2%	108,648	+0.0%	$22.8M
ABTAbbott Laboratories	1.2%	1.2%	217,223	+0.0%	$22.3M
VRSKVerisk Analytics Inc	1.2%	1.2%	115,066	+0.0%	$21.8M
SPGIS&p Global Inc	1.2%	1.2%	51,021	+0.0%	$21.7M
ECLEcolab Inc	1.1%	1.1%	79,207	+0.0%	$21.1M
NEENextera Energy Inc	1.1%	1.1%	226,440	+0.0%	$21.0M
CTASCintas Corp	1.1%	1.1%	123,111	+0.0%	$20.8M
TRIThomson Reuters	1.1%	1.1%	226,158	+0.0%	$20.3M
CATCaterpillar Inc	1.1%	1.1%	28,643	+0.0%	$20.3M
EQIXEquinix Inc	1.1%	1.1%	20,392	+0.0%	$20.0M
JNJJohnson & Johnson	1.1%	1.1%	79,864	+0.0%	$19.5M
MKC-VMcCormick & Co., Inc. Voting	1.0%	1.0%	362,547	+0.0%	$18.3M
INTUIntuit	1.0%	1.0%	41,692	+0.0%	$18.0M
FASTFastenal Co	0.9%	0.9%	377,076	+0.0%	$17.5M
AWKAmerican Wtr Wks Co Inc New Com	0.9%	0.9%	126,235	+0.0%	$17.2M
EOGEog Res Inc	0.9%	0.9%	114,192	+0.0%	$16.5M
GDGeneral Dynamics Corp	0.8%	0.8%	44,418	+0.0%	$15.2M

What Dearborn Partners LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

No position grew by more than 5%.

Reduced

No position shrank by more than 5%.

Left the top 50

No position left the top 50.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +4.0% /yr; S&P 500 +20.1%
3 years: +8.8% /yr; S&P 500 +20.4%
5 years: +6.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.8B	269
Q1 2026	$1.8B	269
Q4 2025	$2.0B	264
Q3 2025	$2.1B	255
Q2 2025	$2.1B	256
Q1 2025	$2.1B	257
Q4 2024	$2.4B	259
Q3 2024	$2.5B	266
Q2 2024	$2.3B	255
Q1 2024	$2.3B	260
Q4 2023	$2.7B	256
Q3 2023	$2.5B	237

Questions about Dearborn Partners LLC's portfolio

What stocks does Dearborn Partners LLC own?

Dearborn Partners LLC's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 269 positions worth $1.8B. The largest are Apple Inc (AAPL) at 5.8%, Microsoft Corp (MSFT) at 3.8%, Caseys Gen Stores Inc (CASY) at 3.1%, Mcdonalds Corp (MCD) at 2.6% and Exxon Mobil Corp (XOM) at 2.5%.

What did Dearborn Partners LLC buy last quarter?

Dearborn Partners LLC opened no new positions and grew none by more than 5% among its largest holdings in Q2 2026.

What did Dearborn Partners LLC sell last quarter?

Dearborn Partners LLC sold out of nothing and cut no large position by more than 5% in Q2 2026.

How has Dearborn Partners LLC's portfolio performed?

A portfolio copying Dearborn Partners LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +8.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +4.0% against +20.1%. Over 5 years: +6.8% a year against +11.6%.

When is Dearborn Partners LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Dearborn Partners LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.