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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 5 of 8  ·  143 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 CRCL CIRCLE INTERNET GROUP INC Financial Services 18,986.0 $1.8M 0.28% NEW $95.41 +29.8%
82 NFLX NETFLIX INC. Communication Services 18,539.0 $1.8M 0.28% +1K +8.0% $96.15 -9.6%
83 EQAL INVESCO EXCH TRADED FD TR II 27,265.0 $1.5M 0.24% +480.0 +1.8% $55.10 +3.2%
84 AZN PUT ASTRAZENECA PLC Healthcare 4,000.0 $1.4M 0.21% NEW $341.79 -46.9%
85 T AT&T INC Communication Services 44,129.0 $1.3M 0.20% -2K -3.5% $28.99 -14.9%
86 DRI DARDEN RESTAURANTS INC Consumer Cyclical 5,785.0 $1.1M 0.18% +660.0 +12.9% $196.04 -0.7%
87 EWBC EAST WEST BANCORP INC Financial Services 10,335.0 $1.1M 0.17% -350.0 -3.3% $106.76 +12.9%
88 EIX EDISON INTL Utilities 14,810.0 $1.1M 0.17% +1K +8.1% $73.18 -3.3%
89 CLH CLEAN HARBORS INC Industrials 3,750.0 $1.1M 0.17% -60.0 -1.6% $286.73 +5.9%
90 SHW SHERWIN WILLIAMS CO Basic Materials 3,278.0 $1.1M 0.17% +490.0 +17.6% $320.55 -3.5%
91 F FORD MTR CO Consumer Cyclical 80,525.0 $929K 0.15% -2K -2.1% $11.54 +25.5%
92 EMR EMERSON ELEC CO Industrials 7,024.0 $920K 0.14% +282.0 +4.2% $131.02 +5.2%
93 TNC TENNANT CO Industrials 13,170.0 $874K 0.14% -1K -7.9% $66.40 +24.3%
94 LMNR LIMONEIRA CO Consumer Defensive 60,010.0 $805K 0.13% $13.42 -0.8%
95 IAU ISHARES GOLD TR Financial Services 9,124.0 $804K 0.13% -408.0 -4.3% $88.16 -3.0%
96 VRT VERTIV HOLDINGS CO Industrials 3,052.0 $765K 0.12% +32.0 +1.1% $250.58 +50.1%
97 AZN ASTRAZENECA PLC Healthcare 3,826.0 $755K 0.12% NEW $197.22 -7.9%
98 BMY BRISTOL-MYERS SQUIBB CO Healthcare 12,212.0 $741K 0.12% -2K -13.5% $60.65 -6.0%
99 VEU VANGUARD INTL EQUITY INDEX F 9,147.0 $687K 0.11% +3K +57.3% $75.10 +7.9%
100 CRSP CRISPR THERAPEUTICS AG Healthcare 14,120.0 $672K 0.11% +2K +12.1% $47.57 +6.1%
Page 5 of 8  ·  143 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%