Fund HoldingsKensington Investment Counsel, LLC

Total Portfolio Value
$207.73M
Total Bought
$29.04M
Total Sold
$59.00M
Net Transaction
-$29.96M
Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
CISCO SYS INC COM(CSCO)8,15471,387+63,2336285,5392.67%+4,911
SLB LIMITED COM STK(SLB)081,856+81,85604,2072.03%+4,207
HONEYWELL INTL INC COM(HON)2,53317,097+14,5644943,8641.86%+3,370
HALLIBURTON CO COM(HAL)082,440+82,44003,2141.55%+3,214
EXXON MOBIL CORP COM5,44117,548+12,1076552,9771.43%+2,322
JOHNSON & JOHNSON COM(JNJ)26,66327,409+7465,5186,7003.23%+1,182
DELL TECHNOLOGIES INC CL C(DELL)14,48117,075+2,5941,8232,8031.35%+980
MERCK & CO INC COM(MRK)38,34639,225+8794,0364,7182.27%+682
TEXAS INSTRS INC COM(TXN)23,45123,176-2754,0694,4992.17%+431
PEPSICO INC COM(PEP)37,96337,471-4925,4485,8192.80%+370
FREEPORT MCMORAN INC CL B(FCX)06,129+6,12903600.17%+360
VANGUARD GROWTH ETF0793+79303460.17%+346
VANGUARD S&P 500 ETF0537+53703210.15%+321
STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF
ST STR TECHN ETF
3,9546,641+2,6875698830.42%+313
AMGEN INC COM(AMGN)18,07117,615-4565,9156,1982.98%+283
TESLA INC COM(TSLA)9201,803+8834146700.32%+257
ROSS STORES INC COM(ROST)7,5737,447-1261,3641,6130.78%+249
STATE STREET SPDR S&P 500 ETF(SPY)7471,166+4195107580.36%+248
REPUBLIC SVCS INC COM(RSG)27,41627,570+1545,8106,0382.91%+228
HOME DEPOT INC COM(HD)016,107+16,10705,2972.55%+5,297
GENERAL DYNAMICS CORP COM(GD)18,89319,116+2236,3616,5613.16%+200
UNION PAC CORP COM(UNP)11,87611,769-1072,7472,8551.37%+108
NOVARTIS AG SPONSORED ADR(NVS)8,7478,470-2771,2061,2940.62%+88
NORTHROP GRUMMAN CORP COM(NOC)78378304465340.26%+88
DICKS SPORTING GOODS INC COM(DKS)4,7595,166+4079421,0240.49%+82
CHEVRON CORPORATION COM(CVX)1,3691,36902092830.14%+75
CANADIAN NATL RY CO COM(CNI)33,83733,236-6013,3453,4161.64%+71
LINDE PLC SHS(LIN)1,1671,126-414985580.27%+61
ALTRIA GROUP INC COM(MO)4,7044,70402713100.15%+39
STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF
ST STR INDL ETF
1,7581,75802732840.14%+12
SHERWIN WILLIAMS CO COM(SHW)4,7074,70701,5251,5090.73%-16
ILLINOIS TOOL WKS INC COM(ITW)4,7834,451-3321,1781,1590.56%-20
VERTEX PHARMACEUTICALS INC COM(VRTX)1,5741,553-217146930.33%-20
BOEING CO COM(BA)1,2551,25502722500.12%-23
SNAP ON INC COM(SNA)21,35920,151-1,2087,3607,3193.52%-41
STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF
ST STR DISCR ETF
4,8654,86505815300.26%-51
NIKE INC CL B(NKE)5,2095,20903322750.13%-57
COSTCO WHOLESALE CORPORATION COM(COST)1,5621,269-2931,3471,2640.61%-83
COGNIZANT TECHNOLOGY SOLUTIONS CL A(CTSH)4,3974,008-3893652460.12%-119
PALO ALTO NETWORKS INC COM(PANW)4,7404,703-378737540.36%-119
APPLIED MATLS INC COM1,661803-8584272740.13%-152
INVESCO QQQ TRUST SERIES I8,8499,106+2575,4365,2562.53%-181
SALESFORCE INC COM(CRM)1,9171,686-2315083150.15%-193
THERMO FISHER SCIENTIFIC INC COM(TMO)1,2131,008-2057034950.24%-207
APPFOLIO INC COM CL A(APPF)9000-9002090-209
MOVADO GROUP INC COM(MOV)10,4280-10,4282150-215
BUCKLE INC COM(BKE)4,0950-4,0952190-219
DANAHER CORP DEL COM(DHR)5,0034,873-1301,1459240.44%-221
BERKSHIRE HATHAWAY INC DEL CL B NEW2,7482,401-3471,3811,1510.55%-231
NVIDIA CORPORATION COM(NVDA)31,33732,137+8005,8445,6052.70%-240
INTERNATIONAL BUSINESS MACHS COM(IBM)8250-8252440-244
FIVE BELOW INC COM(FIVE)6,0823,853-2,2291,1468800.42%-265
AVALONBAY CMNTYS INC COM14,33014,197-1332,5982,3191.12%-279
ABBVIE INC COM(ABBV)37,02137,513+4928,4598,1593.93%-300
WEST PHARMACEUTICAL SVSC INC COM(WST)1,0970-1,0973020-302
BLACKSTONE INC COM(BX)5,7835,049-7348915810.28%-311
CHURCH & DWIGHT CO INC COM(CHD)25,17319,249-5,9242,1111,7960.86%-314
ELI LILLY & CO COM(LLY)2,0412,04102,1931,8770.90%-316
AMPHENOL CORP CL A2,4000-2,4003240-324
ADVANCED MICRO DEVICES INC COM(AMD)3,8632,231-1,6328274540.22%-373
MASTERCARD INCORPORATED CL A(MA)5,3275,32703,0412,6621.28%-379
BROADCOM INC COM(AVGO)6,7776,327-4502,3461,9580.94%-387
BIO-TECHNE CORP COM(TECH)7,2930-7,2934290-429
FORTINET INC COM(FTNT)5,6370-5,6374480-448
MONSTER BEVERAGE CORP NEW COM(MNST)20,08014,901-5,1791,5401,0800.52%-460
LITTELFUSE INC COM(LFUS)1,8310-1,8314630-463
AMETEK INC COM11,8939,133-2,7602,4421,9580.94%-484
RESMED INC COM(RMD)6,0194,278-1,7411,4509600.46%-489
PALANTIR TECHNOLOGIES INC CL A(PLTR)2,7910-2,7914960-496
WATSCO INC COM(WSO)013,372+13,37204,8652.34%+4,865
JPMORGAN CHASE & CO COM(JPM)26,86327,593+7308,6568,1173.91%-539
ZOETIS INC CL A(ZTS)4,3250-4,3255440-544
META PLATFORMS INC CL A(META)3,4172,988-4292,2561,7100.82%-546
UNITEDHEALTH GROUP INC COM(UNH)8,5618,398-1632,8262,2721.09%-554
REPLIGEN CORP COM(RGEN)5,2412,107-3,1348592480.12%-611
MARKEL GROUP INC COM(MKL)909694-2151,9541,3280.64%-626
ALPHABET INC CAP STK CL A(GOOG)17,42916,678-7515,4554,7962.31%-659
HYATT HOTELS CORP COM CL A(H)9,9635,987-3,9761,5978610.41%-736
ADOBE INC COM(ADBE)2,1710-2,1717600-760
ROLLINS INC COM(ROL)29,08517,847-11,2381,7469530.46%-792
AMAZON COM INC COM(AMZN)12,2849,733-2,5512,8352,0270.98%-808
ALPHABET INC CAP STK CL C(GOOG)4,5272,118-2,4091,4216080.29%-813
TYLER TECHNOLOGIES INC COM(TYL)1,8920-1,8928590-859
COOPER COS INC COM(COO)10,9390-10,9398970-897
ZSCALER INC COM(ZS)000000
WATERS CORP COM(WAT)3,5651,443-2,1221,3544300.21%-924
THE TRADE DESK INC COM CL A(TTD)000000
SS&C TECHNOLOGIES HLDGS INC COM(SSNC)11,1250-11,1259730-973
ENERPAC TOOL GROUP CORP CL A COM(EPAC)42,89317,986-24,9071,6406560.32%-984
NASDAQ INC COM(NDAQ)14,4134,381-10,0321,4003720.18%-1,028
TRANSMEDICS GROUP INC COM(TMDX)15,5848,291-7,2931,8968240.40%-1,072
FACTSET RESH SYS INC COM(FDS)000000
QUALCOMM INC COM(QCOM)27,36127,449+884,6803,5351.70%-1,145
CARGURUS INC COM CL A(CARG)30,8190-30,8191,1820-1,182
CSW INDUSTRIALS INC COM(CSW)6,2542,508-3,7461,8366540.31%-1,182
INTUIT COM(INTU)1,8220-1,8221,2070-1,207
EXLSERVICE HOLDINGS INC COM(EXLS)29,8020-29,8021,2650-1,265
PAYPAL HLDGS INC COM(PYPL)22,9210-22,9211,3380-1,338
BROADRIDGE FINL SOLUTIONS INC COM(BR)20,93420,258-6764,6723,2921.58%-1,380
APPLE INC COM(AAPL)62,64461,300-1,34417,03015,5577.49%-1,473
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