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Portfolio (Quarterly) Guide ↗

SFE Investment Counsel

· CIK 0001317784
13F Portfolio $653M AUM Filed Feb 5, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 146 New
Page 7 of 8  ·  146 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 IYJ ISHARES TR 2,248.0 $333K 0.05% NEW $148.19 +4.5%
122 BND VANGUARD BD INDEX FDS 4,383.0 $325K 0.05% NEW $74.07 -1.8%
123 WFC WELLS FARGO CO NEW Financial Services 3,468.0 $323K 0.05% NEW $93.20 -20.8%
124 IEF ISHARES TR 3,359.0 $323K 0.05% NEW $96.15 -2.7%
125 XLB SELECT SECTOR SPDR TR 6,935.0 $314K 0.05% NEW $45.35 +10.9%
126 PM PHILIP MORRIS INTL INC Consumer Defensive 1,749.0 $281K 0.04% NEW $160.40 +19.6%
127 BA BOEING CO Industrials 1,182.0 $257K 0.04% NEW $217.12 +1.6%
128 SBUX STARBUCKS CORP Consumer Cyclical 2,990.0 $252K 0.04% NEW $84.21 +26.4%
129 QQQ INVESCO QQQ TR Financial Services 399.0 $245K 0.04% NEW $613.84 +15.5%
130 APH AMPHENOL CORP NEW Technology 1,807.0 $244K 0.04% NEW $135.14 -7.5%
131 IEFA ISHARES TR 2,720.0 $243K 0.04% NEW $89.46 +6.4%
132 V VISA INC Financial Services 685.0 $240K 0.04% NEW $350.46 -8.0%
133 CME CME GROUP INC Financial Services 872.0 $238K 0.04% NEW $273.08 +9.4%
134 CMF ISHARES TR 3,997.0 $230K 0.04% NEW $57.46 -1.2%
135 BN BROOKFIELD CORP Financial Services 4,993.0 $229K 0.04% NEW $45.89 -0.8%
136 GLD SPDR GOLD TR Financial Services 560.0 $222K 0.03% NEW $396.31 +7.8%
137 CGDV CAPITAL GROUP DIVIDEND VALUE 4,973.0 $217K 0.03% NEW $43.64 +9.6%
138 HD HOME DEPOT INC Consumer Cyclical 627.0 $216K 0.03% NEW $344.10 -11.6%
139 BKNG BOOKING HOLDINGS INC Consumer Cyclical 40.0 $214K 0.03% NEW $5355.32 -97.1%
140 MSB MESABI TR Financial Services 5,540.0 $213K 0.03% NEW $38.51 -25.8%
Page 7 of 8  ·  146 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 31.5%
Industrials 16.0%
Financial Services 10.8%
Healthcare 9.5%
Consumer Cyclical 9.1%
Energy 7.0%
Communication Services 5.5%
Utilities 5.1%
Basic Materials 2.4%
Consumer Defensive 2.3%