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Portfolio (Quarterly) Guide ↗

Kensington Investment Counsel, LLC

· CIK 0001845536
13F Portfolio $208M AUM 83 positions Filed May 19, 2026 EDGAR ↗ ← All Funds
Q1 2026 · All 83 New
Page 4 of 5  ·  83 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 CSW INDUSTRIALS INC COM 2,508.0 $654K 0.32% NEW $260.58
62 GOOG ALPHABET INC CAP STK CL C Communication Services 2,118.0 $608K 0.29% NEW $286.86 +34.7%
63 CPRT COPART INC COM Industrials 17,596.0 $584K 0.28% NEW $33.20 -0.2%
64 BX BLACKSTONE INC COM Financial Services 5,049.0 $581K 0.28% NEW $114.99 +1.6%
65 LIN LINDE PLC SHS Basic Materials 1,126.0 $558K 0.27% NEW $495.76 +1.4%
66 NOC NORTHROP GRUMMAN CORP COM Industrials 783.0 $534K 0.26% NEW $682.24 -18.3%
67 XLY STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF 4,865.0 $530K 0.26% NEW $108.98 +11.5%
68 TMO THERMO FISHER SCIENTIFIC INC COM Healthcare 1,008.0 $495K 0.24% NEW $491.53 -2.4%
69 AMD ADVANCED MICRO DEVICES INC COM Technology 2,231.0 $454K 0.22% NEW $203.43 +154.7%
70 WAT WATERS CORP COM Healthcare 1,443.0 $430K 0.21% NEW $297.80 +21.7%
71 NDAQ NASDAQ INC COM Financial Services 4,381.0 $372K 0.18% NEW $84.89 +6.9%
72 FCX FREEPORT MCMORAN INC CL B Basic Materials 6,129.0 $360K 0.17% NEW $58.78 +10.2%
73 VUG VANGUARD GROWTH ETF 793.0 $346K 0.17% NEW $436.79 -79.6%
74 VOO VANGUARD S&P 500 ETF 537.0 $321K 0.15% NEW $597.60 +16.0%
75 CRM SALESFORCE INC COM Technology 1,686.0 $315K 0.15% NEW $186.67 -3.7%
76 MO ALTRIA GROUP INC COM Consumer Defensive 4,704.0 $310K 0.15% NEW $65.99 +9.2%
77 XLI STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF 1,758.0 $284K 0.14% NEW $161.73 +7.9%
78 CVX CHEVRON CORPORATION COM Energy 1,369.0 $283K 0.14% NEW $206.90 -11.3%
79 NKE NIKE INC CL B Consumer Cyclical 5,209.0 $275K 0.13% NEW $52.82 -10.1%
80 AMAT APPLIED MATLS INC COM Technology 803.0 $274K 0.13% NEW $341.79 +33.6%
Page 4 of 5  ·  83 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 27.9%
Industrials 20.1%
Healthcare 17.6%
Financial Services 9.4%
Consumer Cyclical 8.9%
Energy 5.2%
Consumer Defensive 5.0%
Communication Services 3.5%
Basic Materials 1.2%
Real Estate 1.1%