Kensington Investment Counsel, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| APPLE INC COM(AAPL) | 59,647 | 61,250 | +1,603 | 12,237,812 | 15,596,134 | 6.35% | +3,358,322 |
| CANADIAN NATL RY CO COM(CNI) | 0 | 32,650 | +32,650 | 0 | 3,078,895 | 1.25% | +3,078,895 |
| UNITEDHEALTH GROUP INC COM(UNH) | 0 | 8,365 | +8,365 | 0 | 2,888,435 | 1.18% | +2,888,435 |
| UNION PAC CORP COM(UNP) | 0 | 11,406 | +11,406 | 0 | 2,696,036 | 1.10% | +2,696,036 |
| TRANSMEDICS GROUP INC COM(TMDX) | 0 | 17,165 | +17,165 | 0 | 1,925,913 | 0.78% | +1,925,913 |
| ABBVIE INC COM(ABBV) | 35,615 | 36,163 | +548 | 6,610,856 | 8,373,181 | 3.41% | +1,762,325 |
| WILLIAMS SONOMA INC COM(WSM) | 46,183 | 44,952 | -1,231 | 7,544,965 | 8,785,937 | 3.58% | +1,240,972 |
| ALPHABET INC CAP STK CL A(GOOG) | 17,632 | 17,632 | 0 | 3,107,287 | 4,286,339 | 1.75% | +1,179,052 |
| NVIDIA CORPORATION COM(NVDA) | 26,450 | 28,461 | +2,011 | 4,178,836 | 5,310,253 | 2.16% | +1,131,417 |
| GENERAL DYNAMICS CORP COM(GD) | 17,813 | 18,189 | +376 | 5,195,340 | 6,202,449 | 2.53% | +1,007,109 |
| MICROSOFT CORP COM(MSFT) | 29,194 | 29,956 | +762 | 14,521,186 | 15,515,500 | 6.32% | +994,314 |
| JOHNSON & JOHNSON COM(JNJ) | 25,076 | 25,566 | +490 | 3,830,359 | 4,740,448 | 1.93% | +910,089 |
| JPMORGAN CHASE & CO. COM(JPM) | 26,228 | 26,690 | +462 | 7,603,759 | 8,418,827 | 3.43% | +815,068 |
| INVESCO QQQ TRUST SERIES I | 7,531 | 8,190 | +659 | 4,154,516 | 4,916,794 | 2.00% | +762,278 |
| SNAP ON INC COM(SNA) | 21,537 | 21,331 | -206 | 6,701,956 | 7,391,926 | 3.01% | +689,970 |
| HOME DEPOT INC COM(HD) | 14,602 | 14,767 | +165 | 5,353,677 | 5,983,441 | 2.44% | +629,764 |
| BROADCOM INC COM(AVGO) | 5,299 | 5,815 | +516 | 1,460,669 | 1,918,427 | 0.78% | +457,758 |
| PEPSICO INC COM(PEP) | 35,104 | 35,796 | +692 | 4,635,145 | 5,027,217 | 2.05% | +392,072 |
| ALPHABET INC CAP STK CL C(GOOG) | 2,828 | 3,543 | +715 | 501,659 | 862,898 | 0.35% | +361,239 |
| DELL TECHNOLOGIES INC CL C(DELL) | 14,213 | 14,730 | +517 | 1,742,517 | 2,088,278 | 0.85% | +345,761 |
| QUALCOMM INC COM(QCOM) | 25,406 | 26,321 | +915 | 4,046,160 | 4,378,762 | 1.78% | +332,602 |
| BUCKLE INC COM(BKE) | 0 | 4,173 | +4,173 | 0 | 244,788 | 0.10% | +244,788 |
| PALANTIR TECHNOLOGIES INC CL A(PLTR) | 0 | 1,219 | +1,219 | 0 | 222,370 | 0.09% | +222,370 |
| TESLA INC COM(TSLA) | 0 | 473 | +473 | 0 | 210,353 | 0.09% | +210,353 |
| ROSS STORES INC COM(ROST) | 7,559 | 7,632 | +73 | 964,377 | 1,163,040 | 0.47% | +198,663 |
| AMGEN INC COM(AMGN) | 16,565 | 17,081 | +516 | 4,625,114 | 4,820,258 | 1.96% | +195,144 |
| BLACKSTONE INC COM(BX) | 5,753 | 5,753 | 0 | 860,534 | 982,900 | 0.40% | +122,366 |
| FIVE BELOW INC COM(FIVE) | 7,880 | 7,416 | -464 | 1,033,698 | 1,147,255 | 0.47% | +113,557 |
| ADVANCED MICRO DEVICES INC COM(AMD) | 3,269 | 3,567 | +298 | 463,871 | 577,105 | 0.24% | +113,234 |
| META PLATFORMS INC CL A(META) | 1,687 | 1,836 | +149 | 1,245,158 | 1,348,322 | 0.55% | +103,164 |
| AMAZON COM INC COM(AMZN) | 8,961 | 9,357 | +396 | 1,965,954 | 2,054,516 | 0.84% | +88,562 |
| NORTHROP GRUMMAN CORP COM(NOC) | 783 | 783 | 0 | 391,484 | 477,098 | 0.19% | +85,614 |
| THERMO FISHER SCIENTIFIC INC COM(TMO) | 1,250 | 1,219 | -31 | 506,825 | 591,239 | 0.24% | +84,414 |
| APPLIED MATLS INC COM | 1,304 | 1,465 | +161 | 238,723 | 299,944 | 0.12% | +61,221 |
| MONSTER BEVERAGE CORP NEW COM(MNST) | 22,811 | 22,120 | -691 | 1,428,881 | 1,488,897 | 0.61% | +60,016 |
| AMPHENOL CORP NEW CL A | 2,400 | 2,400 | 0 | 237,000 | 297,000 | 0.12% | +60,000 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | 2,550 | 2,550 | 0 | 1,238,714 | 1,281,987 | 0.52% | +43,273 |
| APPFOLIO INC COM CL A(APPF) | 900 | 900 | 0 | 207,252 | 248,094 | 0.10% | +40,842 |
| MOVADO GROUP INC COM(MOV) | 10,621 | 10,621 | 0 | 161,970 | 201,480 | 0.08% | +39,510 |
| ALTRIA GROUP INC COM(MO) | 5,187 | 5,174 | -13 | 304,114 | 341,794 | 0.14% | +37,680 |
| MASTERCARD INCORPORATED CL A(MA) | 5,404 | 5,404 | 0 | 3,036,724 | 3,073,849 | 1.25% | +37,125 |
| CBIZ INC COM(CBZ) | 19,285 | 26,671 | +7,386 | 1,382,927 | 1,412,496 | 0.58% | +29,569 |
| EXXON MOBIL CORP COM | 5,441 | 5,441 | 0 | 586,540 | 613,473 | 0.25% | +26,933 |
| NOVARTIS AG SPONSORED ADR(NVS) | 9,100 | 8,747 | -353 | 1,101,191 | 1,121,715 | 0.46% | +20,524 |
| CHEVRON CORP NEW COM(CVX) | 1,822 | 1,809 | -13 | 260,892 | 280,920 | 0.11% | +20,028 |
| ARBOR REALTY TRUST INC COM | 12,951 | 12,951 | 0 | 138,576 | 158,132 | 0.06% | +19,556 |
| PALO ALTO NETWORKS INC COM(PANW) | 4,447 | 4,565 | +118 | 910,034 | 929,525 | 0.38% | +19,491 |
| COSTCO WHSL CORP NEW COM(COST) | 885 | 963 | +78 | 876,097 | 891,382 | 0.36% | +15,285 |
| COINBASE GLOBAL INC COM CL A(COIN) | 755 | 808 | +53 | 264,620 | 272,692 | 0.11% | +8,072 |
| BOEING CO COM(BA) | 1,255 | 1,255 | 0 | 262,960 | 270,867 | 0.11% | +7,907 |
| RESMED INC COM(RMD) | 7,098 | 6,713 | -385 | 1,831,284 | 1,837,549 | 0.75% | +6,265 |
| BIO-TECHNE CORP COM(TECH) | 15,814 | 14,602 | -1,212 | 813,630 | 812,309 | 0.33% | -1,321 |
| NIKE INC CL B(NKE) | 5,209 | 5,209 | 0 | 370,047 | 363,224 | 0.15% | -6,823 |
| OAKTREE SPECIALTY LENDING CORP COM(OCSL) | 11,547 | 11,547 | 0 | 157,732 | 150,688 | 0.06% | -7,044 |
| INTERNATIONAL BUSINESS MACHS COM(IBM) | 825 | 825 | 0 | 243,194 | 232,782 | 0.09% | -10,412 |
| GOLUB CAP BDC INC COM(GBDC) | 11,966 | 11,966 | 0 | 175,302 | 163,815 | 0.07% | -11,487 |
| WEST PHARMACEUTICAL SVSC INC COM(WST) | 1,697 | 1,362 | -335 | 371,304 | 357,293 | 0.15% | -14,011 |
| BLUE OWL CAPITAL CORPORATION COM(OBDC) | 11,971 | 11,971 | 0 | 171,664 | 152,870 | 0.06% | -18,794 |
| SHERWIN WILLIAMS CO COM(SHW) | 4,918 | 4,822 | -96 | 1,688,644 | 1,669,666 | 0.68% | -18,978 |
| DANAHER CORPORATION COM(DHR) | 5,238 | 5,117 | -121 | 1,034,715 | 1,014,496 | 0.41% | -20,219 |
| SERVICENOW INC COM(NOW) | 226 | 226 | 0 | 232,346 | 207,983 | 0.08% | -24,363 |
| BROADRIDGE FINL SOLUTIONS INC COM(BR) | 19,802 | 20,091 | +289 | 4,812,480 | 4,785,073 | 1.95% | -27,407 |
| ELI LILLY & CO COM(LLY) | 2,011 | 2,011 | 0 | 1,567,635 | 1,534,393 | 0.62% | -33,242 |
| CISCO SYS INC COM(CSCO) | 7,540 | 7,054 | -486 | 523,125 | 482,635 | 0.20% | -40,490 |
| COOPER COS INC COM(COO) | 9,273 | 8,996 | -277 | 659,867 | 616,766 | 0.25% | -43,101 |
| ADOBE INC COM(ADBE) | 1,860 | 1,904 | +44 | 719,597 | 671,636 | 0.27% | -47,961 |
| COGNIZANT TECHNOLOGY SOLUTIONS CL A(CTSH) | 4,397 | 4,397 | 0 | 343,098 | 294,907 | 0.12% | -48,191 |
| REPLIGEN CORP COM(RGEN) | 9,117 | 8,092 | -1,025 | 1,133,972 | 1,081,658 | 0.44% | -52,314 |
| AMETEK INC COM | 13,745 | 12,944 | -801 | 2,487,295 | 2,433,472 | 0.99% | -53,823 |
| SS&C TECHNOLOGIES HLDGS INC COM(SSNC) | 15,010 | 13,366 | -1,644 | 1,242,828 | 1,186,366 | 0.48% | -56,462 |
| VERTEX PHARMACEUTICALS INC COM(VRTX) | 1,503 | 1,526 | +23 | 669,136 | 597,643 | 0.24% | -71,493 |
| ILLINOIS TOOL WKS INC COM(ITW) | 5,335 | 4,783 | -552 | 1,319,079 | 1,247,215 | 0.51% | -71,864 |
| SALESFORCE INC COM(CRM) | 1,972 | 1,917 | -55 | 537,745 | 454,329 | 0.19% | -83,416 |
| PAYPAL HLDGS INC COM(PYPL) | 11,335 | 11,317 | -18 | 842,417 | 758,918 | 0.31% | -83,499 |
| LITTELFUSE INC COM(LFUS) | 3,092 | 2,346 | -746 | 701,049 | 607,637 | 0.25% | -93,412 |
| ROLLINS INC COM(ROL) | 36,773 | 33,596 | -3,177 | 2,074,733 | 1,973,429 | 0.80% | -101,304 |
| SPDR S&P 500 ETF TRUST(SPY) | 997 | 747 | -250 | 616,002 | 497,804 | 0.20% | -118,198 |
| NASDAQ INC COM(NDAQ) | 14,541 | 13,350 | -1,191 | 1,300,256 | 1,180,808 | 0.48% | -119,448 |
| EXLSERVICE HOLDINGS INC COM(EXLS) | 37,690 | 34,187 | -3,503 | 1,650,445 | 1,505,254 | 0.61% | -145,191 |
| PROCTER AND GAMBLE CO COM(PG) | 34,036 | 34,262 | +226 | 5,422,616 | 5,264,356 | 2.14% | -158,260 |
| HYATT HOTELS CORP COM CL A(H) | 12,927 | 11,553 | -1,374 | 1,805,256 | 1,639,717 | 0.67% | -165,539 |
| INTUIT COM(INTU) | 1,756 | 1,768 | +12 | 1,383,078 | 1,207,385 | 0.49% | -175,693 |
| ZSCALER INC COM(ZS) | 5,184 | 4,749 | -435 | 1,627,465 | 1,423,085 | 0.58% | -204,380 |
| FIDELITY NATL INFORMATION SVCS COM(FIS) | 2,525 | 0 | -2,525 | 205,560 | 0 | — | -205,560 |
| DISNEY WALT CO COM(DIS) | 1,756 | 0 | -1,756 | 217,762 | 0 | — | -217,762 |
| CHUBB LIMITED COM | 880 | 0 | -880 | 254,954 | 0 | — | -254,954 |
| DICKS SPORTING GOODS INC COM(DKS) | 6,769 | 4,868 | -1,901 | 1,338,976 | 1,081,767 | 0.44% | -257,209 |
| ENERPAC TOOL GROUP CORP CL A COM(EPAC) | 56,375 | 49,284 | -7,091 | 2,286,571 | 2,020,645 | 0.82% | -265,926 |
| TYLER TECHNOLOGIES INC COM(TYL) | 2,409 | 2,186 | -223 | 1,428,152 | 1,143,628 | 0.47% | -284,524 |
| MARKEL GROUP INC COM(MKL) | 1,173 | 1,059 | -114 | 2,342,903 | 2,024,130 | 0.82% | -318,773 |
| WATERS CORP COM(WAT) | 4,465 | 4,109 | -356 | 1,558,464 | 1,231,919 | 0.50% | -326,545 |
| REPUBLIC SVCS INC COM(RSG) | 26,018 | 26,405 | +387 | 6,416,299 | 6,059,419 | 2.47% | -356,880 |
| TEXAS INSTRS INC COM(TXN) | 21,372 | 22,153 | +781 | 4,437,253 | 4,070,169 | 1.66% | -367,084 |
| CROWDSTRIKE HLDGS INC CL A(CRWD) | 6,668 | 6,151 | -517 | 3,396,079 | 3,016,327 | 1.23% | -379,752 |
| CHURCH & DWIGHT CO INC COM(CHD) | 30,099 | 28,084 | -2,015 | 2,892,815 | 2,461,001 | 1.00% | -431,814 |
| MERCK & CO INC COM(MRK) | 43,490 | 35,799 | -7,691 | 3,442,668 | 3,004,610 | 1.22% | -438,058 |
| COPART INC COM(CPRT) | 58,634 | 53,716 | -4,918 | 2,877,170 | 2,415,609 | 0.98% | -461,561 |
| ROPER TECHNOLOGIES INC COM(ROP) | 5,693 | 5,270 | -423 | 3,227,020 | 2,628,096 | 1.07% | -598,924 |
| DUOLINGO INC CL A COM(DUOL) | 5,517 | 5,131 | -386 | 2,262,080 | 1,651,361 | 0.67% | -610,719 |
| CSW INDUSTRIALS INC COM(CSW) | 8,593 | 7,511 | -1,082 | 2,464,730 | 1,823,295 | 0.74% | -641,435 |