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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 25 of 28  ·  559 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
481 MLI MUELLER INDS INC Industrials 2,712.0 $300K 0.01% $110.80 +24.0%
482 MET METLIFE INC Financial Services 4,220.0 $298K 0.01% -30.0 -0.7% $70.72 +21.0%
483 ANNALY CAPITAL MANAGEMENT IN 14,075.0 $298K 0.01% -250.0 -1.8% $21.15
484 DRI DARDEN RESTAURANTS INC Consumer Cyclical 1,512.0 $296K 0.01% -18.0 -1.2% $196.04 +8.9%
485 UDR UDR INC Real Estate 8,768.0 $296K 0.01% +2K +25.1% $33.78 +11.2%
486 ROAD CONSTRUCTION PARTNERS INC Industrials 2,662.0 $296K 0.01% +461.0 +20.9% $111.12 +10.5%
487 IEMG ISHARES INC 4,238.0 $296K 0.01% +710.0 +20.1% $69.75 +22.8%
488 NKE NIKE INC Consumer Cyclical 5,581.0 $295K 0.01% -4K -39.8% $52.82 -14.4%
489 ALSN ALLISON TRANSMISSION HLDGS I Consumer Cyclical 2,512.0 $294K 0.01% -888.0 -26.1% $117.06 +1.7%
490 CAH CARDINAL HEALTH INC Healthcare 1,389.0 $294K 0.01% +152.0 +12.3% $211.31 +4.9%
491 XLRE SELECT SECTOR SPDR TR 7,048.0 $288K 0.01% +962.0 +15.8% $40.83 +7.4%
492 ROP ROPER TECHNOLOGIES INC Industrials 809.0 $286K 0.01% -69.0 -7.9% $354.04 -6.7%
493 NDAQ NASDAQ INC Financial Services 3,281.0 $279K 0.01% +77.0 +2.4% $84.89 -3.1%
494 RGA REINSURANCE GROUP AMER INC Financial Services 1,352.0 $276K 0.01% +15.0 +1.1% $204.14 +3.1%
495 KDP KEURIG DR PEPPER INC Consumer Defensive 10,477.0 $276K 0.01% NEW $26.33 +16.8%
496 TIP ISHARES TR 2,496.0 $275K 0.01% -58.0 -2.3% $110.36 -0.9%
497 QUS SPDR SERIES TRUST 1,601.0 $275K 0.01% $171.63 +7.1%
498 IJJ ISHARES TR 2,061.0 $273K 0.01% -278.0 -11.9% $132.51 +9.3%
499 PANW PALO ALTO NETWORKS INC Technology 1,696.0 $272K 0.01% -566.0 -25.0% $160.32 +79.5%
500 ARHS ARHAUS INC Consumer Cyclical 40,000.0 $271K 0.01% -100K -71.5% $6.78 +7.1%
Page 25 of 28  ·  559 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%