# EDGAR Filing Document

**Accession Number:** 0001694284
**File Stem:** 0001694284-23-000001
**Filing Date:** 2023-2
**Character Count:** 12151
**Document Hash:** 0a0ae2eb9eb5e0630797b3ab0bc65410
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001694284-23-000001.hdr.sgml**: 20230206

**ACCESSION NUMBER**: 0001694284-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230206

**DATE AS OF CHANGE**: 20230206

**EFFECTIVENESS DATE**: 20230206

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tandem Investment Advisors, Inc.
- **CENTRAL INDEX KEY:** 0001694284
- **IRS NUMBER:** 541562552
- **STATE OF INCORPORATION:** SC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17677
- **FILM NUMBER:** 23588894

**BUSINESS ADDRESS:**
- **STREET 1:** 145 KING STREET
- **STREET 2:** SUITE 400
- **CITY:** CHARLESTON
- **STATE:** SC
- **ZIP:** 29401
- **BUSINESS PHONE:** 8437203413

**MAIL ADDRESS:**
- **STREET 1:** 145 KING STREET
- **STREET 2:** SUITE 400
- **CITY:** CHARLESTON
- **STATE:** SC
- **ZIP:** 29401

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Tandem Investment Advisors Inc.<br>**Address:** 145 KING STREET<br>SUITE 400<br>CHARLESTON, SC 29401

**Form 13F File Number:** 028-17677

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Ben Carew<br>**Title:** Vice President<br>**Phone:** 843-720-3413

**Signature, Place, and Date of Signing:**

Ben Carew  Charleston, SC  02-06-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 88

**Form 13F Information Table Value Total:** $1936876

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABORATORIES | COM | 002824100 |  | 80590 | 734037 | SH |  | SOLE |  | 722137 | 0 | 11900 |
| ABBVIE INC COM | COM | 00287Y109 |  | 88199 | 545750 | SH |  | SOLE |  | 537250 | 0 | 8500 |
| ACCENTURE PLC IRELAND SHS CLAS | COM | G1151C101 |  | 51484 | 192941 | SH |  | SOLE |  | 189941 | 0 | 3000 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 209 | 2481 | SH |  | SOLE |  | 2481 | 0 | 0 |
| ALBEMARLE CORP COM | COM | 012653101 |  | 206 | 950 | SH |  | SOLE |  | 950 | 0 | 0 |
| ALPHABET INC CL A | COM | 38259p508 |  | 445 | 5047 | SH |  | SOLE |  | 5047 | 0 | 0 |
| ALPHABET INC CL C | COM | 38259p706 |  | 481 | 5421 | SH |  | SOLE |  | 5421 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 334 | 7317 | SH |  | SOLE |  | 7317 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 505 | 6014 | SH |  | SOLE |  | 6014 | 0 | 0 |
| AMPHENOL CORP NEW CL A | COM | 032095101 |  | 47876 | 628784 | SH |  | SOLE |  | 618384 | 0 | 10400 |
| ANSYS INC COM | COM | 03662Q105 |  | 2632 | 10895 | SH |  | SOLE |  | 10895 | 0 | 0 |
| APPLE COMPUTER INC COM | COM | 037833100 |  | 1973 | 15187 | SH |  | SOLE |  | 15187 | 0 | 0 |
| AUTOMATIC DATA PROCESSING | COM | 053015103 |  | 28518 | 119394 | SH |  | SOLE |  | 117394 | 0 | 2000 |
| BANK OF AMERICA CORP | COM | 060505104 |  | 276 | 8348 | SH |  | SOLE |  | 8348 | 0 | 0 |
| BECTON DICKINSON  CO COM | COM | 075887109 |  | 50827 | 199871 | SH |  | SOLE |  | 196771 | 0 | 3100 |
| BLACKROCK INC COM | COM | 09247X101 |  | 56789 | 80140 | SH |  | SOLE |  | 78940 | 0 | 1200 |
| BROWN  BROWN INC | COM | 115236101 |  | 36974 | 649010 | SH |  | SOLE |  | 639710 | 0 | 9300 |
| BROWN FORMAN CORP CL B | COM | 115637209 |  | 22400 | 341040 | SH |  | SOLE |  | 335940 | 0 | 5100 |
| CARTER BK  TR MARTINS COM | COM | 146103106 |  | 818 | 49300 | SH |  | SOLE |  | 49300 | 0 | 0 |
| CBOE HLDGS INC COM | COM | 12503M108 |  | 82152 | 654750 | SH |  | SOLE |  | 644450 | 0 | 10300 |
| CHECK POINT SOFTWARE ORD | COM | m22465104 |  | 4207 | 33345 | SH |  | SOLE |  | 33345 | 0 | 0 |
| CHEVRON CORP | COM | 166764100 |  | 245 | 1363 | SH |  | SOLE |  | 1363 | 0 | 0 |
| CHURCH  DWIGHT INC COM | COM | 171340102 |  | 30128 | 373745 | SH |  | SOLE |  | 367745 | 0 | 6000 |
| COCA COLA CO COM | COM | 191216100 |  | 227 | 3575 | SH |  | SOLE |  | 3575 | 0 | 0 |
| COMCAST CORP NEW CL A | COM | 20030N101 |  | 59687 | 1706794 | SH |  | SOLE |  | 1680094 | 0 | 26700 |
| COSTCO WHOLESALE CORP | COM | 22160K105 |  | 34464 | 75496 | SH |  | SOLE |  | 74396 | 0 | 1100 |
| CSX CORP COM | COM | 126408103 |  | 248 | 8020 | SH |  | SOLE |  | 8020 | 0 | 0 |
| DANAHER CORP DEL COM | COM | 235851102 |  | 323 | 1218 | SH |  | SOLE |  | 1218 | 0 | 0 |
| DOLLAR GEN CORP NEW COM | COM | 256677105 |  | 76468 | 310532 | SH |  | SOLE |  | 305532 | 0 | 5000 |
| ECOLAB INC COM | COM | 278865100 |  | 549 | 3772 | SH |  | SOLE |  | 3772 | 0 | 0 |
| ELEVANCE HEALTH INC COM | COM | 036752103 |  | 392 | 765 | SH |  | SOLE |  | 765 | 0 | 0 |
| ENTERGY CORP NEW COM | COM | 29364g103 |  | 219 | 1950 | SH |  | SOLE |  | 1950 | 0 | 0 |
| ESSENTIAL UTILS INC COM | COM | 29670G102 |  | 74073 | 1551921 | SH |  | SOLE |  | 1529321 | 0 | 22600 |
| EXLSERVICE HOLDINGS IN COM | COM | 302081104 |  | 216 | 1277 | SH |  | SOLE |  | 1277 | 0 | 0 |
| EXPEDITORS INTL WASH | COM | 302130109 |  | 40231 | 387137 | SH |  | SOLE |  | 381337 | 0 | 5800 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 603 | 5470 | SH |  | SOLE |  | 5470 | 0 | 0 |
| FACTSET RESH SYS INC COM | COM | 303075105 |  | 76853 | 191553 | SH |  | SOLE |  | 188753 | 0 | 2800 |
| FISERV INC COM | COM | 337738108 |  | 4162 | 41176 | SH |  | SOLE |  | 41176 | 0 | 0 |
| FIVE BELOW INC COM | COM | 33829m101 |  | 3344 | 18909 | SH |  | SOLE |  | 18909 | 0 | 0 |
| GRACO INC COM | COM | 384109104 |  | 204 | 3030 | SH |  | SOLE |  | 3030 | 0 | 0 |
| HENRY JACK  ASSOC INC COM | COM | 426281101 |  | 44769 | 255005 | SH |  | SOLE |  | 251105 | 0 | 3900 |
| HOME DEPOT INC COM | COM | 437076102 |  | 859 | 2718 | SH |  | SOLE |  | 2718 | 0 | 0 |
| HORMEL FOODS CORP COM | COM | 440452100 |  | 33126 | 727252 | SH |  | SOLE |  | 716152 | 0 | 11100 |
| INTERCONTINENTAL EXCHANGE INC | COM | 45866F104 |  | 66946 | 652560 | SH |  | SOLE |  | 642860 | 0 | 9700 |
| INTUITIVE SURGICAL INC COM NEW | COM | 46120e602 |  | 3361 | 12665 | SH |  | SOLE |  | 12665 | 0 | 0 |
| JOHNSON  JOHNSON COM | COM | 478160104 |  | 65201 | 369097 | SH |  | SOLE |  | 363097 | 0 | 6000 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 460 | 3427 | SH |  | SOLE |  | 3427 | 0 | 0 |
| LABORATORY AMER HLDGS COM NEW | COM | 50540r409 |  | 3125 | 13271 | SH |  | SOLE |  | 13271 | 0 | 0 |
| MARATHON PETE CORP COM | COM | 56585a102 |  | 238 | 2043 | SH |  | SOLE |  | 2043 | 0 | 0 |
| MARKETAXESS HLDGS INC COM | COM | 57060D108 |  | 44978 | 161273 | SH |  | SOLE |  | 158773 | 0 | 2500 |
| MASTERCARD INC CL A | COM | 57636Q104 |  | 44340 | 127514 | SH |  | SOLE |  | 125414 | 0 | 2100 |
| MCCORMICK  CO INC COM NON VTG | COM | 579780206 |  | 29831 | 359886 | SH |  | SOLE |  | 354186 | 0 | 5700 |
| MCKESSON CORP COM | COM | 58155Q103 |  | 360 | 961 | SH |  | SOLE |  | 961 | 0 | 0 |
| META PLATFORMS INC CL A | COM | 30303m102 |  | 284 | 2362 | SH |  | SOLE |  | 2362 | 0 | 0 |
| MICROSOFT CORP COM | COM | 594918104 |  | 39860 | 166210 | SH |  | SOLE |  | 163810 | 0 | 2400 |
| NATIONAL RETAIL PPTYS | COM | 637417106 |  | 278 | 6069 | SH |  | SOLE |  | 6069 | 0 | 0 |
| NEXTERA ENERGY INC COM | COM | 65339F101 |  | 41907 | 501284 | SH |  | SOLE |  | 493384 | 0 | 7900 |
| NIKE INC CL B | COM | 654106103 |  | 31782 | 271618 | SH |  | SOLE |  | 267118 | 0 | 4500 |
| NORFOLK SOUTHERN CORP | COM | 655844108 |  | 254 | 1029 | SH |  | SOLE |  | 1029 | 0 | 0 |
| NV5 GLOBAL INC COM | COM | 62945V109 |  | 355 | 2684 | SH |  | SOLE |  | 2684 | 0 | 0 |
| O REILLY AUTOMOTIVE COM | COM | 67103H107 |  | 6819 | 8079 | SH |  | SOLE |  | 8079 | 0 | 0 |
| PAYPAL HLDGS INC COM | COM | 70450Y103 |  | 1622 | 22771 | SH |  | SOLE |  | 22771 | 0 | 0 |
| PFIZER INC COM | COM | 717081103 |  | 230 | 4490 | SH |  | SOLE |  | 4490 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144t108 |  | 31196 | 286047 | SH |  | SOLE |  | 281547 | 0 | 4500 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 610 | 4023 | SH |  | SOLE |  | 4023 | 0 | 0 |
| QUALYS INC COM | COM | 74758T303 |  | 2962 | 26391 | SH |  | SOLE |  | 26391 | 0 | 0 |
| QUIDEL CORP COM | COM | 219798105 |  | 725 | 8460 | SH |  | SOLE |  | 8460 | 0 | 0 |
| REPUBLIC SVCS INC COM | COM | 760759100 |  | 40822 | 316473 | SH |  | SOLE |  | 310973 | 0 | 5500 |
| RESMED INC COM | COM | 761152107 |  | 36392 | 174851 | SH |  | SOLE |  | 172251 | 0 | 2600 |
| ROPER TECHNOLOGIES INC COM | COM | 776696106 |  | 21324 | 49351 | SH |  | SOLE |  | 48551 | 0 | 800 |
| SCHEIN HENRY INC COM | COM | 806407102 |  | 4560 | 57087 | SH |  | SOLE |  | 57087 | 0 | 0 |
| SCHWAB CHARLES CP NEW COM | COM | 808513105 |  | 286 | 3432 | SH |  | SOLE |  | 3432 | 0 | 0 |
| SEI INVESTMENTS CO COM | COM | 784117103 |  | 57848 | 992255 | SH |  | SOLE |  | 977755 | 0 | 14500 |
| SMUCKER J M CO | COM | 832696405 |  | 72330 | 456456 | SH |  | SOLE |  | 448256 | 0 | 8200 |
| SPDR TR UNIT SER 1 | COM | 78462F103 |  | 563 | 1473 | SH |  | SOLE |  | 1473 | 0 | 0 |
| STERIS PLC SHS USD | COM | g84720104 |  | 33859 | 183330 | SH |  | SOLE |  | 180630 | 0 | 2700 |
| STRYKER CORP COM | COM | 863667101 |  | 67624 | 276593 | SH |  | SOLE |  | 272093 | 0 | 4500 |
| TERRENO RLTY CORP COM | COM | 88146m101 |  | 11203 | 196999 | SH |  | SOLE |  | 193999 | 0 | 3000 |
| TJX COS INC NEW COM | COM | 872540109 |  | 453 | 5689 | SH |  | SOLE |  | 5689 | 0 | 0 |
| TRUIST FINL CORP COM | COM | 89832Q109 |  | 1389 | 32276 | SH |  | SOLE |  | 32276 | 0 | 0 |
| TYLER TECHNOLOGIES INC COM | COM | 902252105 |  | 2425 | 7523 | SH |  | SOLE |  | 7523 | 0 | 0 |
| UMB FINL CORP COM | COM | 902788108 |  | 259 | 3105 | SH |  | SOLE |  | 3105 | 0 | 0 |
| UNITEDHEALTH GROUP INC COM | COM | 91324P102 |  | 814 | 1535 | SH |  | SOLE |  | 1535 | 0 | 0 |
| VERISK ANALYTICS INC COM | COM | 92345y106 |  | 24048 | 136310 | SH |  | SOLE |  | 134310 | 0 | 2000 |
| VISA INC                CL A | COM | 92826C839 |  | 66663 | 320866 | SH |  | SOLE |  | 315966 | 0 | 4900 |
| WAL MART | COM | 931142103 |  | 301 | 2123 | SH |  | SOLE |  | 2123 | 0 | 0 |
| WAL-MART DE MEXICO S A ORD CL | COM | 93114W107 |  | 67 | 19044 | SH |  | SOLE |  | 19044 | 0 | 0 |
| WASTE CONNECTIONS INC COM | COM | 94106B101 |  | 36637 | 276380 | SH |  | SOLE |  | 272080 | 0 | 4300 |

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