Pine Haven Investment Counsel, Inc

Fundamental diversified ★Signal CIK 1899753
League rank
#602
in Fundamental diversified · #4354 overall
Long book
$136.0M
Q1 2026
Positions
114
Top-10 weight
40%
concentration
Last quarter
+10.9%
SPY +14.8%
Turnover
7%
of book per quarter

Strategy in plain words

auto-generated from filings

Pine Haven Investment Counsel, Inc is a diversified fundamental manager, running a $136.0M US long book across 114 positions.

The portfolio is moderately concentrated (top 10 ≈ 40% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: MICROSOFT CORP, APPLE INC, COSTCO WHOLESALE CORP, ALPHABET INC-CL A, BERKSHIRE HATHAWAY INC-CL B.

Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.6%
Q2 2024
+5.4%
Q3 2024
-0.3%
Q4 2024
-1.6%
Q1 2025
+7.6%
Q2 2025
+6.0%
Q3 2025
+1.8%
Q4 2025
-3.3%
Q1 2026
+10.9%

Sector allocation

Technology
34%
Healthcare
15%
Consumer discretionary
13%
Financials
12%
Industrials
9%
Other
5%
Services media
3%
Energy
3%

Long book by quarter

$113.7M
Q1 2024
$116.3M
Q2 2024
$123.5M
Q3 2024
$121.7M
Q4 2024
$119.2M
Q1 2025
$127.3M
Q2 2025
$138.5M
Q3 2025
$140.5M
Q4 2025
$136.0M
Q1 2026

What does Pine Haven own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology30.0K$11.1M8.2%+0.8%
AAPL APPLE INCTechnology40.7K$10.3M7.6%-1.5%
COST COSTCO WHOLESALE CORPConsumer discretionary5.5K$5.4M4.0%-0.8%
GOOGL ALPHABET INC-CL ATechnology15.4K$4.4M3.3%-2.9%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials9.2K$4.4M3.3%-0.8%
ABBV ABBVIE INCHealthcare18.0K$3.9M2.9%-0.1%
SCHW SCHWAB (CHARLES) CORPFinancials40.8K$3.8M2.8%-1.3%
SBUX STARBUCKS CORPConsumer discretionary41.8K$3.7M2.8%-0.7%
XOM EXXON MOBIL CORPEnergy19.1K$3.2M2.4%-2.8%
ABT ABBOTT LABORATORIESHealthcare22.8K$2.3M1.7%-0.6%
JNJ JOHNSON & JOHNSONHealthcare9.2K$2.2M1.7%-1.7%
AMGN AMGEN INCHealthcare6.4K$2.2M1.6%-2.2%
DE DEERE & COIndustrials3.9K$2.2M1.6%-3.6%
AMAT APPLIED MATERIALS INCTechnology6.4K$2.2M1.6%-1.5%
GOOG ALPHABET INC-CL CTechnology6.4K$1.8M1.4%-0.3%
ORCL ORACLE CORPTechnology12.0K$1.8M1.3%-2.1%
PG PROCTER & GAMBLE CO/THEOther12.0K$1.7M1.3%+1.0%
MRK MERCK & CO. INC.Healthcare14.2K$1.7M1.3%+0.4%
TJX TJX COMPANIES INCConsumer discretionary10.4K$1.7M1.2%+0.6%
NVDA NVIDIA CORPTechnology9.2K$1.6M1.2%-0.8%
CAT CATERPILLAR INCIndustrials2.2K$1.6M1.2%-4.8%
PEP PEPSICO INCConsumer staples9.8K$1.5M1.1%-0.6%
EMR EMERSON ELECTRIC COIndustrials10.9K$1.4M1.1%-4.4%
UNP UNION PACIFIC CORPIndustrials5.5K$1.3M1.0%+0.6%
MAR MARRIOTT INTERNATIONAL -CL AServices media3.7K$1.2M0.9%Held
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary36.6K$1.2M0.9%-2.4%
SYK STRYKER CORPHealthcare3.5K$1.2M0.8%Held
NKE NIKE INC -CL BOther21.1K$1.1M0.8%-2.7%
V VISA INC-CLASS A SHARESServices media3.6K$1.1M0.8%-1.6%
JPM JPMORGAN CHASE & COFinancials3.7K$1.1M0.8%Held
CL COLGATE-PALMOLIVE COOther12.5K$1.1M0.8%+1.0%
BLK BLACKROCK INCFinancials1.0K$975K0.7%-0.1%
KO COCA-COLA CO/THEConsumer staples12.7K$962K0.7%-0.5%
AVGO BROADCOM INCTechnology2.7K$839K0.6%Held
TSLA TESLA INCIndustrials2.3K$838K0.6%-2.6%
ISRG INTUITIVE SURGICAL INCHealthcare1.8K$838K0.6%+0.3%
NFLX NETFLIX INCServices media8.4K$804K0.6%-0.2%
META META PLATFORMS INC-CLASS ATechnology1.3K$751K0.6%+1.2%
IDXX IDEXX LABORATORIES INCMaterials1.3K$745K0.5%+1.3%
ECL ECOLAB INCOther2.7K$730K0.5%+0.2%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials1$718K0.5%Held
WMT WALMART INCConsumer discretionary5.5K$683K0.5%-0.2%
ROK ROCKWELL AUTOMATION INCOther1.9K$676K0.5%Held
BA BOEING CO/THEIndustrials3.4K$673K0.5%Held
NEE NEXTERA ENERGY INCUtilities7.2K$665K0.5%+2.1%
GNRC GENERAC HOLDINGS INCIndustrials3.3K$652K0.5%+0.5%
DIS WALT DISNEY CO/THEServices media6.7K$642K0.5%Held
TROW T ROWE PRICE GROUP INCFinancials7.0K$635K0.5%-2.1%
MNST MONSTER BEVERAGE CORPConsumer staples8.3K$604K0.4%Held
AMD ADVANCED MICRO DEVICESTechnology2.9K$589K0.4%-1.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 16, 2026114$136.0M canonicalSEC ↗
Q4 202513F-HRJan 8, 2026116$140.5M canonicalSEC ↗
Q3 202513F-HROct 21, 2025117$138.5M canonicalSEC ↗
Q2 202513F-HRJul 15, 2025111$127.3M canonicalSEC ↗
Q1 202513F-HRApr 11, 2025113$119.2M canonicalSEC ↗
Q4 202413F-HRJan 16, 2025107$121.7M canonicalSEC ↗
Q3 202413F-HROct 9, 2024111$123.5M canonicalSEC ↗
Q2 202413F-HRJul 12, 2024107$116.3M canonicalSEC ↗
Q1 202413F-HRApr 25, 2024106$113.7M canonicalSEC ↗