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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 8 of 10  ·  189 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 VOOG VANGUARD ADMIRAL FDS INC 2,183.0 $890K 0.02% +132.0 +6.4% $407.69 -79.6%
142 MTB M & T BK CORP Financial Services 4,185.0 $865K 0.02% +100.0 +2.5% $206.72 +8.9%
143 VDE VANGUARD WORLD FD 4,896.0 $847K 0.02% +426.0 +9.5% $173.04 -12.3%
144 SPEM SPDR INDEX SHS FDS 16,542.0 $776K 0.01% +3K +23.8% $46.91 +13.2%
145 DGRO ISHARES TR 10,366.0 $727K 0.01% +121.0 +1.2% $70.18 +6.6%
146 SCYB SCHWAB STRATEGIC TR 27,963.0 $727K 0.01% +4K +14.4% $26.00 +0.7%
147 SBUX STARBUCKS CORP Consumer Cyclical 8,108.0 $726K 0.01% +3K +57.3% $89.59 +12.3%
148 BSJT INVESCO EXCH TRD SLF IDX FD 33,029.0 $695K 0.01% +4K +13.4% $21.03 +1.1%
149 BSJS INVESCO EXCH TRD SLF IDX FD 30,875.0 $670K 0.01% +4K +14.0% $21.68 +0.8%
150 FAST FASTENAL CO Industrials 14,387.0 $668K 0.01% +4K +43.8% $46.40 -1.1%
151 RSPS INVESCO EXCHANGE TRADED FD T 21,450.0 $633K 0.01% +13K +152.8% $29.50 +1.1%
152 DIA STATE STR SPDR DOW JONES IND Financial Services 1,361.0 $630K 0.01% +13.0 +1.0% $463.23 +11.3%
153 C CITIGROUP INC Financial Services 5,486.0 $622K 0.01% +1K +25.7% $113.41 +26.1%
154 ADI ANALOG DEVICES INC Technology 1,943.0 $618K 0.01% +20.0 +1.0% $318.18 +36.5%
155 ESGU ISHARES TR 4,310.0 $610K 0.01% +2K +111.8% $141.42 +15.4%
156 VBR VANGUARD INDEX FDS 2,721.0 $591K 0.01% +375.0 +16.0% $217.25 +9.7%
157 MDT MEDTRONIC PLC Healthcare 6,421.0 $556K 0.01% +3K +64.3% $86.65 -8.4%
158 MDYG SPDR SERIES TRUST 5,729.0 $550K 0.01% +101.0 +1.8% $95.96 +15.2%
159 KGC KINROSS GOLD CORP Basic Materials 17,605.0 $537K 0.01% +975.0 +5.9% $30.52 -12.6%
160 EPOL ISHARES TR 14,642.0 $533K 0.01% +2K +18.7% $36.41 +9.2%
Page 8 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%