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Portfolio (Quarterly) Guide ↗

Carnegie Investment Counsel

· CIK 0001511506
13F Portfolio $5.1B AUM 559 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 35 New 189 Added 239 Reduced 40 Exited
Page 5 of 10  ·  189 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 HEI HEICO CORP NEW Industrials 15,571.0 $4.3M 0.08% +680.0 +4.6% $274.20 +22.9%
82 VTV VANGUARD INDEX FDS 21,614.0 $4.2M 0.08% +899.0 +4.3% $196.20 +10.3%
83 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 25,919.0 $4.1M 0.08% +806.0 +3.2% $157.28 -14.9%
84 BSCU INVESCO EXCH TRD SLF IDX FD 241,190.0 $4.0M 0.08% +64K +35.8% $16.72 -0.3%
85 XLE SELECT SECTOR SPDR TR 65,391.0 $4.0M 0.08% +15K +29.7% $61.26 -12.2%
86 GVLU TIDAL TRUST I 154,147.0 $3.9M 0.08% +23K +17.8% $25.32 +3.0%
87 PKG PACKAGING CORP AMER Consumer Cyclical 16,644.0 $3.5M 0.07% +455.0 +2.8% $212.22 +7.9%
88 VCIT VANGUARD SCOTTSDALE FDS 41,641.0 $3.4M 0.07% +10K +32.2% $82.75 -0.3%
89 GD GENERAL DYNAMICS CORP Industrials 9,611.0 $3.3M 0.06% +153.0 +1.6% $343.21 +2.0%
90 FNDX SCHWAB STRATEGIC TR 116,986.0 $3.3M 0.06% +53K +82.0% $27.85 +11.5%
91 EFA ISHARES TR 32,900.0 $3.2M 0.06% +6K +22.1% $97.13 +7.5%
92 GLD SPDR GOLD TR Financial Services 7,350.0 $3.2M 0.06% +87.0 +1.2% $430.29 -10.0%
93 NYF ISHARES TR 55,891.0 $3.0M 0.06% +2K +3.4% $53.12 +1.3%
94 SETM SPROTT FDS TR 85,312.0 $2.8M 0.06% +6K +7.8% $33.08 +3.2%
95 EFG ISHARES TR 25,077.0 $2.8M 0.05% +1K +5.7% $111.37 +12.3%
96 WFC WELLS FARGO & CO Financial Services 31,577.0 $2.5M 0.05% +1K +3.3% $79.61 +3.3%
97 MCK MCKESSON CORP Healthcare 2,815.0 $2.4M 0.05% +63.0 +2.3% $865.37 -13.3%
98 SCHO SCHWAB STRATEGIC TR 99,276.0 $2.4M 0.05% +3K +3.4% $24.27 -0.7%
99 SCHZ SCHWAB STRATEGIC TR 102,903.0 $2.4M 0.05% +7K +7.6% $23.22 -0.4%
100 AGX ARGAN INC Industrials 4,245.0 $2.3M 0.04% +951.0 +28.9% $544.65 +35.7%
Page 5 of 10  ·  189 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 23.5%
Financial Services 18.9%
Industrials 13.6%
Communication Services 10.0%
Consumer Cyclical 10.0%
Healthcare 9.6%
Consumer Defensive 3.9%
Utilities 3.8%
Energy 2.5%
Basic Materials 2.4%