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Portfolio (Quarterly) Guide ↗

Willis Investment Counsel

· CIK 0001310929
13F Portfolio $1.8B AUM 123 positions Filed May 5, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 5 New 46 Added 17 Reduced 12 Exited
Page 3 of 7  ·  123 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 ABT Abbott Laboratories Healthcare 199,349.0 $20.5M 1.12% $102.67 -13.8%
42 MMM 3m Company Industrials 136,570.0 $19.8M 1.08% $145.23 +9.6%
43 LOW Lowe's Companies Inc Consumer Cyclical 83,418.0 $19.7M 1.08% $236.28 -8.0%
44 DE Deere Co Industrials 34,300.0 $19.3M 1.05% $563.30 +4.5%
45 EMR Emerson Elec Co Industrials 139,600.0 $18.3M 1.00% $131.02 +13.7%
46 GWW W. W. Grainger, Inc. Industrials 16,696.0 $18.2M 0.99% +189.0 +1.1% $1090.81 +20.2%
47 VBR Vanguard Small Cap Value ETF 83,829.0 $18.2M 0.99% +5K +6.4% $217.25 +9.1%
48 AXP American Express Financial Services 57,236.0 $17.3M 0.94% +556.0 +1.0% $302.48 +12.6%
49 LH Lab Corp Of Amer Healthcare 64,490.0 $17.2M 0.94% -506.0 -0.8% $266.81 -2.7%
50 ZTS Zoetis Inc Healthcare 139,959.0 $16.5M 0.90% +36K +34.3% $118.21 -32.9%
51 Fortinet, Inc 196,239.0 $16.0M 0.88% +2K +1.1% $81.72
52 WM Waste Management Inc New Industrials 68,926.0 $15.8M 0.86% $229.79 -4.9%
53 RSP Invesco Exchange Traded Fd Tr 80,705.0 $15.5M 0.85% +15K +23.2% $191.92 +8.9%
54 HUBB Hubbell, Inc Industrials 27,799.0 $13.6M 0.74% +272.0 +1.0% $490.74 +3.7%
55 LLY Eli Lilly & Co Healthcare 14,777.0 $13.6M 0.74% -6K -29.4% $919.77 +20.9%
56 ADBE Adobe Systems Inc Technology 54,239.0 $13.2M 0.72% +14K +33.2% $243.08 -19.3%
57 MA Mastercard Financial Services 24,985.0 $12.5M 0.68% +274.0 +1.1% $499.66 -1.3%
58 NVDA Nvidia Corp Technology 68,943.0 $12.0M 0.66% -40K -36.7% $174.40 +17.3%
59 GOOGL Google Inc Class A Communication Services 40,677.0 $11.7M 0.64% -12K -22.3% $287.56 +26.5%
60 WAT Waters Corp Healthcare 33,380.0 $9.9M 0.54% +236.0 +0.7% $297.80 +21.1%
Page 3 of 7  ·  123 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
Industrials 21.3%
Healthcare 19.1%
Technology 17.7%
Consumer Cyclical 8.9%
Financial Services 8.5%
Energy 8.2%
Consumer Defensive 7.2%
Communication Services 4.4%
Utilities 2.7%
Basic Materials 1.7%