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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 27 of 28  ·  559 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
521 VFH VANGUARD WORLD FD 1,904.0 $230K 0.00% $120.80 +8.8%
522 BIP BROOKFIELD INFRASTRUCTURE PA Utilities 6,325.0 $228K 0.00% $36.12 +4.0%
523 XEL XCEL ENERGY INC Utilities 2,859.0 $227K 0.00% NEW $79.44 -2.6%
524 HPE HEWLETT PACKARD ENTERPRISE C Technology 9,524.0 $227K 0.00% -4K -29.6% $23.81 +99.1%
525 NG NOVAGOLD RESOURCES INC Basic Materials 25,250.0 $227K 0.00% $8.98 -13.1%
526 IOO ISHARES TR 1,855.0 $224K 0.00% $120.97 +15.0%
527 IBMP ISHARES TR 8,800.0 $224K 0.00% NEW $25.44 -0.2%
528 VXF VANGUARD INDEX FDS 1,076.0 $221K 0.00% $205.80 +17.1%
529 IBKR INTERACTIVE BROKERS GROUP IN Financial Services 3,297.0 $221K 0.00% NEW $67.07 +43.1%
530 CNS COHEN & STEERS INC Financial Services 3,500.0 $219K 0.00% NEW $62.55 +19.7%
531 NPFD NUVEEN VRIABL RAT PFD & INM Financial Services 12,000.0 $218K 0.00% $18.15 +2.2%
532 WMB WILLIAMS COS INC Energy 2,991.0 $218K 0.00% NEW $72.78 +0.5%
533 MAS MASCO CORP Industrials 3,597.0 $217K 0.00% -1K -28.7% $60.37 +23.2%
534 CBRE CBRE GROUP INC Real Estate 1,600.0 $217K 0.00% NEW $135.46 -2.9%
535 ANIP ANI PHARMACEUTICALS INC Healthcare 2,800.0 $215K 0.00% $76.90 +3.4%
536 ARW ARROW ELECTRS INC Technology 1,481.0 $212K 0.00% NEW $143.41 +62.3%
537 MCHP MICROCHIP TECHNOLOGY INC. Technology 3,266.0 $211K 0.00% $64.61 +54.4%
538 MKL MARKEL GROUP INC Financial Services 110.0 $211K 0.00% -10.0 -8.3% $1914.07 -3.5%
539 RFM RIVERNORTH FLEXIBLE MUN INCO Financial Services 15,000.0 $210K 0.00% $14.03 +4.5%
540 SPG SIMON PPTY GROUP INC NEW Real Estate 1,128.0 $210K 0.00% NEW $186.53 +13.3%
Page 27 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%