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Portfolio (Quarterly) Guide ↗

Carnegie Investment Counsel

· CIK 0001511506
13F Portfolio $5.4B AUM 564 positions Filed Jan 23, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 564 New
Page 23 of 29  ·  564 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
441 RFMZ RIVERNORTH FLEXIBLE MUNI INC Financial Services 30,000.0 $380K 0.01% NEW $12.66 +3.2%
442 CNX CNX RES CORP Energy 10,270.0 $378K 0.01% NEW $36.77 -0.1%
443 MDT MEDTRONIC PLC Healthcare 3,908.0 $375K 0.01% NEW $96.06 -20.1%
444 EXLS EXLSERVICE HOLDINGS INC Technology 8,750.0 $371K 0.01% NEW $42.44 -32.2%
445 EOG EOG RES INC Energy 3,516.0 $369K 0.01% NEW $105.01 +36.3%
446 UNILEVER PLC 5,638.0 $369K 0.01% NEW $65.40
447 EBAY EBAY INC. Consumer Cyclical 4,186.0 $365K 0.01% NEW $87.10 +31.5%
448 KLAC KLA CORP Technology 300.0 $365K 0.01% NEW $1215.08 +44.6%
449 TOST TOAST INC Technology 10,200.0 $362K 0.01% NEW $35.51 -35.9%
450 ALL ALLSTATE CORP Financial Services 1,718.0 $358K 0.01% NEW $208.15 +6.1%
451 ET ENERGY TRANSFER L P Energy 21,575.0 $356K 0.01% NEW $16.49 +23.1%
452 VXUS VANGUARD STAR FDS 4,699.0 $354K 0.01% NEW $75.44 +10.4%
453 FTAI AVIATION LTD 1,800.0 $354K 0.01% NEW $196.85
454 CMF ISHARES TR 6,015.0 $346K 0.01% NEW $57.46 -1.1%
455 IUSV ISHARES TR 3,368.0 $345K 0.01% NEW $102.54 +5.7%
456 CNI CANADIAN NATL RY CO Industrials 3,486.0 $345K 0.01% NEW $98.85 +14.0%
457 IWY ISHARES TR 1,240.0 $343K 0.01% NEW $276.94 +5.0%
458 DLN WISDOMTREE TR 3,891.0 $343K 0.01% NEW $88.07 +7.7%
459 BUFR FIRST TR EXCHNG TRADED FD VI 9,939.0 $341K 0.01% NEW $34.26 +5.2%
460 E ENI S P A Energy 8,945.0 $339K 0.01% NEW $37.94 +49.5%
Page 23 of 29  ·  564 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 25.6%
Financial Services 19.2%
Industrials 12.6%
Communication Services 11.0%
Healthcare 9.9%
Consumer Cyclical 9.5%
Consumer Defensive 3.4%
Utilities 3.2%
Basic Materials 2.2%
Energy 1.8%