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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 7 of 29  ·  564 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 MRSH MARSH & MCLENNAN COS INC Financial Services 64,009.0 $11.9M 0.22% NEW $185.52 -13.2%
122 TMUS T-MOBILE US INC Communication Services 57,996.0 $11.8M 0.22% NEW $203.04 -8.8%
123 MDY SPDR S&P MIDCAP 400 ETF TR Financial Services 19,470.0 $11.7M 0.22% NEW $603.28 +9.1%
124 RSP INVESCO EXCHANGE TRADED FD T 60,498.0 $11.6M 0.21% NEW $191.56 +5.9%
125 TSCO TRACTOR SUPPLY CO Consumer Cyclical 230,596.0 $11.5M 0.21% NEW $50.01 -38.9%
126 CHD CHURCH & DWIGHT CO INC Consumer Defensive 136,071.0 $11.4M 0.21% NEW $83.85 +15.4%
127 BERKSHIRE HATHAWAY INC DEL 15.0 $11.3M 0.21% NEW $754800.00
128 CRWD CROWDSTRIKE HLDGS INC Technology 23,950.0 $11.2M 0.21% NEW $468.76 +26.7%
129 IVV ISHARES TR 15,993.0 $11.0M 0.20% NEW $684.94 +8.3%
130 XOM EXXON MOBIL CORP Energy 90,650.0 $10.9M 0.20% NEW $120.34 +31.2%
131 PEP PEPSICO INC Consumer Defensive 75,456.0 $10.8M 0.20% NEW $143.52 +3.9%
132 CMI CUMMINS INC Industrials 21,005.0 $10.7M 0.20% NEW $510.44 +32.8%
133 URI UNITED RENTALS INC Industrials 13,186.0 $10.7M 0.20% NEW $809.33 +18.8%
134 IBM INTERNATIONAL BUSINESS MACHS Technology 35,587.0 $10.5M 0.19% NEW $296.21 -26.0%
135 UPST UPSTART HLDGS INC Financial Services 238,163.0 $10.4M 0.19% NEW $43.73 -32.5%
136 PG PROCTER AND GAMBLE CO Consumer Defensive 70,803.0 $10.1M 0.19% NEW $143.31 -1.2%
137 NU NU HLDGS LTD Financial Services 605,983.0 $10.1M 0.19% NEW $16.74 -27.2%
138 ALAB ASTERA LABS INC Technology 60,409.0 $10.0M 0.18% NEW $166.36 +29.6%
139 XLC SELECT SECTOR SPDR TR 84,613.0 $10.0M 0.18% NEW $117.72 -0.6%
140 WM WASTE MGMT INC DEL Industrials 44,316.0 $9.7M 0.18% NEW $219.71 +0.0%
Page 7 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%