CAPITAL COUNSEL LLC/NY

Fundamental concentrated ★Highest signal CIK 1114928
League rank
#576
in Fundamental concentrated · #2990 overall
Long book
$2.35B
Q1 2026
Positions
62
Top-10 weight
88%
concentration
Last quarter
+12.5%
SPY +14.8%
Turnover
5%
of book per quarter

Strategy in plain words

auto-generated from filings

CAPITAL COUNSEL LLC/NY is a concentrated fundamental stock-picker, running a $2.35B US long book across 62 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ALPHABET INC-CL C, ARISTA NETWORKS INC, COSTCO WHOLESALE CORP, IDEXX LABORATORIES INC, CME GROUP INC.

Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+3.5%
Q2 2024
+3.9%
Q3 2024
+1.0%
Q4 2024
-3.4%
Q1 2025
+10.6%
Q2 2025
+10.6%
Q3 2025
+2.3%
Q4 2025
-8.0%
Q1 2026
+12.5%

Sector allocation

Technology
43%
Consumer discretionary
14%
Materials
11%
Financials
10%
Services media
10%
Healthcare
9%
Industrials
4%
Consumer staples
0%

Long book by quarter

$2.18B
Q1 2024
$2.24B
Q2 2024
$2.32B
Q3 2024
$2.34B
Q4 2024
$2.26B
Q1 2025
$2.47B
Q2 2025
$2.61B
Q3 2025
$2.62B
Q4 2025
$2.35B
Q1 2026

What does CAPITAL COUNSEL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology1.0M$297.2M12.6%-6.6%
ANET ARISTA NETWORKS INCTechnology2.0M$242.7M10.3%-1.5%
COST COSTCO WHOLESALE CORPConsumer discretionary238.5K$237.6M10.1%-1.3%
IDXX IDEXX LABORATORIES INCMaterials420.2K$236.1M10.0%-1.6%
CME CME GROUP INCFinancials797.7K$235.6M10.0%-0.8%
V VISA INC-CLASS A SHARESServices media736.5K$222.6M9.5%-0.5%
MSFT MICROSOFT CORPTechnology491.6K$182.0M7.7%+1.6%
MTD METTLER-TOLEDO INTERNATIONALHealthcare139.4K$175.8M7.5%-1.4%
ADP AUTOMATIC DATA PROCESSINGTechnology675.7K$137.3M5.8%-3.0%
HD HOME DEPOT INCConsumer discretionary283.1K$93.1M4.0%-2.5%
DCI DONALDSON CO INCIndustrials952.1K$80.8M3.4%-0.7%
QCOM QUALCOMM INCTechnology520.2K$67.0M2.9%-5.7%
INTC INTEL CORPTechnology583.1K$25.7M1.1%-0.9%
AAPL APPLE INCTechnology76.2K$19.3M0.8%+8.7%
AMD ADVANCED MICRO DEVICESTechnology82.8K$16.8M0.7%Held
KGC KINROSS GOLD CORPMaterials386.9K$11.8M0.5%+0.3%
GILD GILEAD SCIENCES INCHealthcare68.9K$9.6M0.4%-0.4%
DHR DANAHER CORPTechnology45.9K$8.7M0.4%+0.4%
MRK MERCK & CO. INC.Healthcare63.2K$7.6M0.3%Held
TECH BIO-TECHNE CORPHealthcare73.8K$3.9M0.2%Held
IONS IONIS PHARMACEUTICALS INCHealthcare49.6K$3.7M0.2%-0.1%
GOOGL ALPHABET INC-CL ATechnology12.8K$3.7M0.2%-5.1%
HUBB HUBBELL INCTechnology6.6K$3.2M0.1%Held
ADI ANALOG DEVICES INCTechnology9.3K$3.0M0.1%Held
JEF JEFFERIES FINANCIAL GROUP INFinancials68.7K$2.8M0.1%New
PEP PEPSICO INCConsumer staples13.5K$2.1M0.1%Held
WAB WABTEC CORPIndustrials8.0K$2.0M0.1%Held
MA MASTERCARD INC - AServices media3.0K$1.5M0.1%-3.2%
VLTO VERALTO CORPTechnology14.9K$1.3M0.1%Held
WMT WALMART INCConsumer discretionary10.4K$1.3M0.1%Held
NVDA NVIDIA CORPTechnology5.1K$890K0.0%+29.1%
FTV FORTIVE CORPTechnology15.2K$842K0.0%Held
KKR KKR & CO INCFinancials7.9K$734K0.0%Held
GLW CORNING INCIndustrials5.0K$680K0.0%Held
XOM EXXON MOBIL CORPEnergy4.0K$676K0.0%-92.0%
CHRW C.H. ROBINSON WORLDWIDE INCIndustrials4.0K$664K0.0%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.3K$642K0.0%Held
IBM INTL BUSINESS MACHINES CORPTechnology2.2K$533K0.0%+1.4%
AMZN AMAZON.COM INCConsumer discretionary2.4K$510K0.0%-3.4%
EME EMCOR GROUP INCIndustrials654$483K0.0%Held
JPM JPMORGAN CHASE & COFinancials1.6K$464K0.0%+6.6%
CAT CATERPILLAR INCIndustrials611$433K0.0%Held
TMO THERMO FISHER SCIENTIFIC INCOther796$391K0.0%-0.1%
SM SM ENERGY COEnergy11.9K$371K0.0%Held
NSC NORFOLK SOUTHERN CORPIndustrials1.1K$327K0.0%Held
INTU INTUIT INCTechnology742$321K0.0%-8.5%
MRNA MODERNA INCHealthcare6.2K$315K0.0%New
FIS FIDELITY NATIONAL INFO SERVServices media6.4K$300K0.0%Held
CTVA CORTEVA INCConsumer staples3.2K$266K0.0%Held
AVGO BROADCOM INCTechnology800$248K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202662$2.35B canonicalSEC ↗
Q4 202513F-HRFeb 12, 202661$2.62B canonicalSEC ↗
Q3 202513F-HRNov 13, 202560$2.61B canonicalSEC ↗
Q2 202513F-HRAug 13, 202557$2.47B canonicalSEC ↗
Q1 202513F-HRMay 14, 202556$2.26B canonicalSEC ↗
Q4 202413F-HR/ARESTATEMENTMay 13, 202555$2.34B canonicalSEC ↗
Q4 202413F-HRFeb 13, 202554$2.34B SEC ↗
Q3 202413F-HRNov 13, 202455$2.32B canonicalSEC ↗
Q2 202413F-HRAug 14, 202455$2.24B canonicalSEC ↗
Q1 202413F-HRMay 15, 202456$2.18B canonicalSEC ↗