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Portfolio (Quarterly) Guide ↗

SFE Investment Counsel

· CIK 0001317784
13F Portfolio $634.7B AUM 143 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 9 New 55 Added 56 Reduced 12 Exited
Page 1 of 3  ·  56 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 OKE ONEOK INC NEW Energy 204,984.0 $18.5M 2.92% -2K -0.7% $90.39 +0.7%
2 JPM JPMORGAN CHASE & CO Financial Services 59,557.0 $17.5M 2.76% -1K -2.0% $294.16 +2.0%
3 NEE NEXTERA ENERGY INC Utilities 174,906.0 $16.2M 2.56% -8K -4.6% $92.88 +3.0%
4 GOOGL ALPHABET INC Communication Services 45,600.0 $13.1M 2.07% -2K -3.6% $287.56 +39.5%
5 LOW LOWES COS INC Consumer Cyclical 54,553.0 $12.9M 2.03% -405.0 -0.7% $236.28 -5.4%
6 FSLR FIRST SOLAR INC Energy 63,292.0 $12.5M 1.97% -767.0 -1.2% $197.26 +17.4%
7 USB US BANCORP Financial Services 223,650.0 $11.6M 1.83% -8K -3.5% $52.01 +2.7%
8 CMI CUMMINS INC Industrials 19,353.0 $10.4M 1.64% -3K -14.6% $538.02 +33.2%
9 GOOG ALPHABET INC Communication Services 33,492.0 $9.6M 1.51% -5K -12.5% $286.86 +38.5%
10 LHX L3HARRIS TECHNOLOGIES INC Industrials 23,672.0 $8.2M 1.29% -2K -8.6% $345.15 -10.9%
11 CLF CLEVELAND-CLIFFS INC NEW Basic Materials 895,489.0 $7.6M 1.19% -12K -1.3% $8.45 +22.0%
12 AMAT APPLIED MATLS INC Technology 19,257.0 $6.6M 1.04% -1K -6.5% $341.79 +27.7%
13 JNJ JOHNSON & JOHNSON Healthcare 26,557.0 $6.5M 1.02% -1K -3.6% $244.44 -5.6%
14 BSJQ INVESCO EXCH TRD SLF IDX FD 267,933.0 $6.2M 0.98% -33K -10.9% $23.17 +0.1%
15 HASI HA SUSTAINABLE INFRA CAP INC Financial Services 158,637.0 $5.8M 0.92% -7K -4.4% $36.75 +12.6%
16 DCI DONALDSON INC Industrials 65,783.0 $5.6M 0.88% -3K -4.4% $84.87 -1.2%
17 LLY ELI LILLY & CO Healthcare 5,827.0 $5.4M 0.84% -259.0 -4.3% $919.77 +9.5%
18 XYL XYLEM INC Industrials 43,111.0 $5.2M 0.81% -309.0 -0.7% $119.50 -8.4%
19 CSCO CISCO SYS INC Technology 58,877.0 $4.6M 0.72% -566.0 -0.9% $77.59 +48.9%
20 GEV GE VERNOVA INC Utilities 5,005.0 $4.4M 0.69% -667.0 -11.8% $872.90 +24.9%
Page 1 of 3  ·  56 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 30.6%
Industrials 16.9%
Financial Services 10.7%
Healthcare 9.7%
Consumer Cyclical 8.2%
Energy 7.5%
Utilities 5.8%
Communication Services 5.0%
Consumer Defensive 3.0%
Basic Materials 1.6%