INVESTMENT COUNSEL CO OF NEVADA

Wealth advisor Mechanical CIK 2056576
Long book
$44.5M
Q1 2026
Positions
99
Top-10 weight
78%
concentration
Last quarter
+12.1%
SPY +14.8%
Turnover
38%
of book per quarter

Strategy in plain words

auto-generated from filings

INVESTMENT COUNSEL CO OF NEVADA is a wealth-management firm allocating client money, running a $44.5M US long book across 99 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD S&P 500 ETF, JPMORGAN CORE PLUS BOND ETF, ISHARES ESG AWARE US AGGREGA, XTRCKR S&P 500 SCOR&SCRN ETF, GLDM SA S&P 500 PR IN ETF-US.

Over the last 6 quarters its long book ran on average 0.5pp per quarter ahead of the S&P 500, beating the index in 4 of 6 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-1.5%
Q1 2025
+6.7%
Q2 2025
+9.5%
Q3 2025
+5.1%
Q4 2025
-1.0%
Q1 2026
+12.1%

Sector allocation

Technology
37%
Industrials
30%
Financials
12%
Healthcare
6%
Other
4%
Services media
3%
Energy
3%
Consumer discretionary
3%

Long book by quarter

$39.4M
Q4 2024
$44.0M
Q1 2025
$48.8M
Q2 2025
$49.1M
Q3 2025
$46.6M
Q4 2025
$44.5M
Q1 2026

What does INVESTMENT COUNSEL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology6.7K$1.7M3.8%Held
GE GENERAL ELECTRICIndustrials4.6K$1.3M2.9%Held
GEV GE VERNOVA INCIndustrials1.2K$1.0M2.3%Held
MSFT MICROSOFT CORPTechnology2.5K$934K2.1%+65.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.8K$848K1.9%Held
TSLA TESLA INCIndustrials1.2K$430K1.0%Held
NVDA NVIDIA CORPTechnology2.1K$372K0.8%Held
CTAS CINTAS CORPOther2.0K$338K0.8%Held
GOOGL ALPHABET INC-CL ATechnology1.1K$317K0.7%+0.1%
AMZN AMAZON.COM INCConsumer discretionary1.2K$243K0.5%Held
RMD RESMED INCHealthcare800$180K0.4%Held
SYK STRYKER CORPHealthcare500$164K0.4%Held
SLB SLB LTDEnergy3.2K$164K0.4%+48.3%
GBFH GBANK FINANCIAL HOLDINGS INCFinancials4.3K$115K0.3%Held
FISV FISERV INCServices media2.0K$112K0.3%Held
GEHC GE HEALTHCARE TECHNOLOGYHealthcare1.5K$109K0.2%Held
ADP AUTOMATIC DATA PROCESSINGTechnology500$102K0.2%Held
ELE ELEMENTAL ROYALTY CORPMaterials5.3K$100K0.2%Held
XOM EXXON MOBIL CORPEnergy565$96K0.2%Held
GMED GLOBUS MEDICAL INC - AHealthcare1.0K$86K0.2%Held
BYD BOYD GAMING CORPServices media1.0K$82K0.2%+0.2%
CORZ CORE SCIENTIFIC INCFinancials5.4K$81K0.2%Held
MGM MGM RESORTS INTERNATIONALServices media1.5K$57K0.1%Held
RDIB READING INTERNATIONAL INC-BServices media6.1K$55K0.1%-45.3%
WAB WABTEC CORPIndustrials218$54K0.1%Held
CSCO CISCO SYSTEMS INCTechnology700$54K0.1%Held
JPM JPMORGAN CHASE & COFinancials160$47K0.1%+0.6%
MDLZ MONDELEZ INTERNATIONAL INC-AConsumer staples732$42K0.1%New
GPRK GEOPARK LTDEnergy4.1K$39K0.1%Held
UNH UNITEDHEALTH GROUP INCFinancials106$29K0.1%New
GRMN GARMIN LTDTechnology88$20K0.0%New
LMT LOCKHEED MARTIN CORPIndustrials31$19K0.0%New
MCD MCDONALD'S CORPConsumer discretionary54$17K0.0%New
PEP PEPSICO INCConsumer staples93$14K0.0%New
PPL PPL CORPUtilities350$13K0.0%New
PG PROCTER & GAMBLE CO/THEOther90$13K0.0%New
PM PHILIP MORRIS INTERNATIONALConsumer staples69$11K0.0%New
GD GENERAL DYNAMICS CORPIndustrials33$11K0.0%New
HIG HARTFORD INSURANCE GROUP INCFinancials67$9K0.0%New
ENB ENBRIDGE INCEnergy119$6K0.0%New
TRV TRAVELERS COS INC/THEFinancials20$6K0.0%New
WMT WALMART INCConsumer discretionary36$4K0.0%Held
VNT VONTIER CORPTechnology120$4K0.0%Held
META META PLATFORMS INC-CLASS ATechnology7$4K0.0%Held
UBER UBER TECHNOLOGIES INCServices media35$3K0.0%Held
WEC WEC ENERGY GROUP INCUtilities21$2K0.0%New
IBKR INTERACTIVE BROKERS GRO-CL AFinancials36$2K0.0%Held
COST COSTCO WHOLESALE CORPConsumer discretionary2$2K0.0%Held
NFLX NETFLIX INCServices media20$2K0.0%Held
BKR BAKER HUGHES COIndustrials25$2K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202699$44.5M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202684$46.6M canonicalSEC ↗
Q3 202513F-HRNov 13, 202577$49.1M canonicalSEC ↗
Q2 202513F-HRAug 13, 202579$48.8M canonicalSEC ↗
Q1 202513F-HRMay 9, 202571$44.0M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202596$39.4M canonicalSEC ↗