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Portfolio (Quarterly) Guide ↗

SFE Investment Counsel

· CIK 0001317784
13F Portfolio $742M AUM 152 positions Filed Aug 5, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 16 New 48 Added 62 Reduced 7 Exited
Page 4 of 8  ·  152 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 GE GE AEROSPACE Industrials 12,002.0 $4.5M 0.60% -185.0 -1.5% $373.73 -7.8%
62 AWK AMERICAN WTR WKS CO INC NEW Utilities 33,775.0 $4.4M 0.60% +2K +5.2% $131.58 +4.3%
63 BSJQ INVESCO EXCH TRD SLF IDX FD 166,621.0 $3.8M 0.52% -101K -37.8% $22.95 -0.1%
64 FDX FEDEX CORP Industrials 10,503.0 $3.3M 0.44% -700.0 -6.2% $313.12 +4.1%
65 NOW SERVICENOW INC Technology 31,595.0 $3.1M 0.42% +5K +17.4% $99.28 +30.7%
66 BSJV INVESCO EXCH TRD SLF IDX FD 114,822.0 $3.0M 0.41% +23K +25.1% $26.25 -0.8%
67 HONEYWELL AEROSPACE INC 13,482.0 $3.0M 0.40% NEW $221.08
68 PFE PFIZER INC Healthcare 122,530.0 $3.0M 0.40% +31K +33.8% $24.08 +15.4%
69 BSCQ INVESCO EXCH TRD SLF IDX FD 150,867.0 $2.9M 0.40% -26K -14.7% $19.52 +0.2%
70 AZN PUT ASTRAZENECA PLC Healthcare 4,000.0 $2.9M 0.39% $723.00 -77.2%
71 HONEYWELL INTL INC 12,704.0 $2.8M 0.38% NEW $223.90
72 BDX BECTON DICKINSON & CO Healthcare 17,614.0 $2.7M 0.36% +477.0 +2.8% $151.33 +24.0%
73 CVX CHEVRON CORPORATION Energy 15,597.0 $2.6M 0.35% +435.0 +2.9% $165.76 +24.1%
74 CHWY CHEWY INC Consumer Cyclical 124,588.0 $2.4M 0.33% NEW $19.65 +21.5%
75 PNW PINNACLE WEST CAP CORP Utilities 22,585.0 $2.4M 0.33% -300.0 -1.3% $107.00 -7.1%
76 BSCV INVESCO EXCH TRD SLF IDX FD 145,019.0 $2.4M 0.32% +17K +13.7% $16.39 -0.7%
77 EXPE EXPEDIA GROUP INC Consumer Cyclical 8,861.0 $2.3M 0.31% -4K -29.4% $255.89 +26.7%
78 BERKSHIRE HATHAWAY INC DEL 4,463.0 $2.2M 0.30% +32.0 +0.7% $500.39
79 BEP BROOKFIELD RENEWABLE ENERGY Utilities 64,135.0 $2.2M 0.30% -2K -2.6% $34.73 -5.2%
80 CRM SALESFORCE INC Technology 13,353.0 $2.1M 0.28% -1K -8.5% $156.66 +31.1%
Page 4 of 8  ·  152 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 36.1%
Industrials 15.4%
Financial Services 10.2%
Healthcare 8.7%
Consumer Cyclical 8.1%
Energy 6.5%
Utilities 5.0%
Communication Services 4.8%
Consumer Defensive 2.8%
Basic Materials 1.6%