Concord Investment Counsel Inc.

Other Low signal CIK 2022154
League rank
#149
in Other · #747 overall
Long book
$297.0M
Q1 2026
Positions
41
Top-10 weight
60%
concentration
Last quarter
+18.5%
SPY +14.8%
Turnover
12%
of book per quarter

Strategy in plain words

auto-generated from filings

Concord Investment Counsel Inc. is an institutional manager, running a $297.0M US long book across 41 positions.

The portfolio is concentrated: the top 10 names carry 60% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, SS INDUSTRIAL SELECT SECTOR, AMAZON.COM INC, APPLE INC, ALPHABET INC-CL A.

Over the last 4 quarters its long book ran on average 1.7pp per quarter ahead of the S&P 500, beating the index in 2 of 4 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+8.1%
Q3 2025
+2.2%
Q4 2025
-4.7%
Q1 2026
+18.5%

Sector allocation

Technology
52%
Services media
13%
Financials
13%
Consumer discretionary
13%
Industrials
6%
Healthcare
2%
Energy
0%
Other
0%

Long book by quarter

$277.0M
Q1 2024
$315.0M
Q3 2025
$307.9M
Q4 2025
$297.0M
Q1 2026

What does Concord Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology195.1K$34.0M11.5%-10.6%
AMZN AMAZON.COM INCConsumer discretionary105.3K$21.9M7.4%+10.4%
AAPL APPLE INCTechnology78.4K$19.9M6.7%-9.1%
GOOGL ALPHABET INC-CL ATechnology64.5K$18.5M6.2%-12.8%
NFLX NETFLIX INCServices media129.9K$12.5M4.2%-0.4%
META META PLATFORMS INC-CLASS ATechnology20.6K$11.8M4.0%-0.9%
JPM JPMORGAN CHASE & COFinancials36.7K$10.8M3.6%-0.7%
MSFT MICROSOFT CORPTechnology28.9K$10.7M3.6%-0.7%
BAC BANK OF AMERICA CORPFinancials209.2K$10.2M3.4%-0.3%
MAR MARRIOTT INTERNATIONAL -CL AServices media27.6K$9.0M3.0%-0.8%
ETN EATON CORP PLCIndustrials24.4K$8.7M2.9%-1.2%
DELL DELL TECHNOLOGIES -CTechnology44.9K$7.4M2.5%New
V VISA INC-CLASS A SHARESServices media22.4K$6.8M2.3%-0.4%
UNH UNITEDHEALTH GROUP INCFinancials24.1K$6.5M2.2%-0.8%
LLY ELI LILLY & COHealthcare5.6K$5.1M1.7%-1.0%
COST COSTCO WHOLESALE CORPConsumer discretionary4.8K$4.8M1.6%-0.9%
RCL ROYAL CARIBBEAN CRUISES LTDIndustrials16.8K$4.6M1.6%-0.7%
AVGO BROADCOM INCTechnology13.5K$4.2M1.4%New
SNOW SNOWFLAKE INCTechnology12.6K$1.9M0.6%-0.4%
CVX CHEVRON CORPEnergy2.3K$471K0.2%+245.3%
GOOG ALPHABET INC-CL CTechnology1.0K$295K0.1%Held
ORCL ORACLE CORPTechnology1.3K$194K0.1%-5.4%
QCOM QUALCOMM INCTechnology1.1K$143K0.0%-7.0%
PG PROCTER & GAMBLE CO/THEOther960$139K0.0%-5.7%
SLB SLB LTDEnergy2.7K$138K0.0%-5.8%
GIS GENERAL MILLS INCConsumer staples2.2K$81K0.0%-6.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202641$297.0M canonicalSEC ↗
Q4 202513F-HRFeb 10, 202640$307.9M canonicalSEC ↗
Q3 202513F-HRNov 14, 202539$315.0M canonicalSEC ↗
Q1 202413F-HRMay 6, 202453$277.0M canonicalSEC ↗