Bedell Frazier Investment Counselling, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Bedell Frazier Investment Counselling, LLC reported 96 stock positions worth $400.1 million. Its top holding was SPDR Gold Shares (GLD) at 8.0% of the portfolio, followed by Apple (AAPL, 7.3%) and Amazon.com (AMZN, 4.4%). Compared with Q4 2023, it opened 13 new positions, sold out of 4, added to 25 and reduced 54. The biggest buy was a new position in Nutrien (NTR) and the biggest sale Abbvie (ABBV, shares −95%).
- Most Recent 13F
- Q1 2026
- Location
- Walnut Creek, CA
- CIK
- 0001388142
- Portfolio Value
- $400.1M (Q1 2024)
- SEC Filing
- 0001172661-24-002256 ↗ filed May 14, 2024
Holdings Value
Holdings 96 stocks · $400.1M
| GLD SPDR Gold Shares | 7.96% | 154,878 | $31.9M | Reduce -0.3% |
| AAPL Apple Inc. | 7.30% | 170,369 | $29.2M | Reduce -3.8% |
| AMZN Amazon.com Inc. | 4.41% | 97,811 | $17.6M | Reduce -28.4% |
| XLV SS Health Care Select Sector | 3.55% | 96,189 | $14.2M | Reduce -2.0% |
| LMT Lockheed Martin Corp. | 3.35% | 29,439 | $13.4M | Add +5.1% |
| MSFT Microsoft Corp. | 3.34% | 31,804 | $13.4M | Reduce -2.5% |
| JNJ Johnson & Johnson | 3.01% | 76,223 | $12.1M | Reduce -0.9% |
| UTF Cohen & Steers Infrastructur | 2.77% | 471,021 | $11.1M | Add +165.2% |
| GOOGL Alphabet Inc. Class A | 2.67% | 70,832 | $10.7M | Add +2.4% |
| KO The Coca-Cola Co. | 2.46% | 160,939 | $9.8M | Add +2.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.45% | 80,111 | $9.8M | Reduce -9.0% |
| TMUS T-Mobile US Inc. | 2.01% | 49,166 | $8.0M | Reduce -1.0% |
| XOM Exxon Mobil Corp. | 1.99% | 68,594 | $8.0M | Add +1.1% |
| NTR Nutrien Ltd. | 1.92% | 141,464 | $7.7M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.89% | 39,633 | $7.6M | Reduce -2.1% |
| XLE SS Energy Select Sector | 1.81% | 76,739 | $7.2M | Add +915.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.79% | 108,936 | $7.2M | Reduce -0.2% |
| INDA iShares MSCI India ETF | 1.78% | 138,387 | $7.1M | Reduce -0.9% |
| UNH Unitedhealth Group Inc. | 1.76% | 14,227 | $7.0M | Add +1.8% |
| CVS CVS Health Corp. | 1.70% | 85,427 | $6.8M | Reduce -10.8% |
| XBI SS SPDR S&P Biotech ETF | 1.69% | 71,266 | $6.8M | Reduce -0.3% |
| MGM MGM Resorts International | 1.66% | 140,987 | $6.7M | Add +7.2% |
| REGN Regeneron Pharmaceuticals | 1.64% | 6,814 | $6.6M | Reduce -0.9% |
| NKE Nike Inc. Class B | 1.61% | 68,477 | $6.4M | Reduce -0.0% |
| COP Conocophillips | 1.56% | 49,038 | $6.2M | Add +2.5% |
| RTX RTX Corp. | 1.46% | 59,995 | $5.9M | Reduce -0.2% |
| EEM iShares MSCI Emerging Market | 1.39% | 135,469 | $5.6M | Add +39.6% |
| STZ Constellation Brands Inc. Class A | 1.34% | 19,724 | $5.4M | Add +0.1% |
| ITA iShares U.S. Aerospace & Def | 1.31% | 39,584 | $5.2M | Reduce -1.5% |
| GDX Vaneck Gold Miners ETF | 1.25% | 157,680 | $5.0M | Add +3.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.18% | 124,988 | $4.7M | Reduce -2.4% |
| FCX Freeport-McMoran Inc. | 1.17% | 99,200 | $4.7M | New |
| PROSHARES TR | 1.13% | 182,631 | $4.5M | Reduce -12.0% |
| CCL Carnival Corp. | 1.13% | 277,370 | $4.5M | New |
| PHO Invesco Water Resources ETF | 1.12% | 67,071 | $4.5M | Reduce -1.8% |
| COST Costco Wholesale Corp. | 1.03% | 5,625 | $4.1M | Reduce -26.6% |
| NVDA Nvidia Corp. | 1.03% | 4,560 | $4.1M | Reduce -15.0% |
| SLV iShares Silver Trust | 1.02% | 179,046 | $4.1M | Add +1.8% |
| CELH Celsius Holdings Inc. | 0.96% | 46,359 | $3.8M | Reduce -19.7% |
| LLY Eli Lilly & Co. | 0.79% | 4,054 | $3.2M | Add +0.6% |
| DKNG Draftkings Inc. Class A | 0.76% | 67,266 | $3.1M | New |
| BIIB Biogen Inc. | 0.71% | 13,097 | $2.8M | New |
| JPM JPMorgan Chase & Co. | 0.68% | 13,651 | $2.7M | Add +0.6% |
| ALGN Align Technology Inc. | 0.60% | 7,326 | $2.4M | New |
| MAR Marriott International Class A | 0.55% | 8,696 | $2.2M | Reduce -2.1% |
| AVGO Broadcom Inc. | 0.55% | 1,647 | $2.2M | Reduce -2.5% |
| AGG iShares Core U.S. Aggregate | 0.53% | 21,519 | $2.1M | Reduce -2.2% |
| CSCO Cisco Systems Inc. | 0.51% | 40,745 | $2.0M | Reduce -0.0% |
| XLI SS Industrial Select Sector | 0.51% | 16,051 | $2.0M | Reduce -2.9% |
| XLB SS Materials Select Sector | 0.49% | 21,308 | $2.0M | New |
| CVX Chevron Corp. | 0.49% | 12,433 | $2.0M | Reduce -14.9% |
| DLTR Dollar Tree Inc. | 0.48% | 14,362 | $1.9M | Reduce -2.4% |
| HD Home Depot Inc. | 0.46% | 4,756 | $1.8M | Reduce -1.9% |
| MCD McDonald's Corp. | 0.41% | 5,869 | $1.7M | Reduce -0.7% |
| CRSP Crispr Therapeutics AG | 0.41% | 23,947 | $1.6M | Reduce -0.1% |
| SBUX Starbucks Corp. | 0.41% | 17,763 | $1.6M | Reduce -72.0% |
| FBT First Trust Nyse Arca Biotec | 0.37% | 9,551 | $1.5M | Reduce -3.9% |
| MS Morgan Stanley | 0.36% | 15,309 | $1.4M | Reduce -5.6% |
| V Visa Inc. Class A | 0.36% | 5,152 | $1.4M | Add +2.8% |
| LRCX Lam Research Corp. | 0.34% | 1,416 | $1.4M | Reduce -5.5% |
| META Meta Platforms Inc. Class A | 0.33% | 2,755 | $1.3M | Reduce -3.0% |
| IWM iShares Russell 2000 ETF | 0.24% | 4,503 | $947K | Add +66.2% |
| PROSHARES SHORT S&P500 | 0.22% | 75,543 | $896K | Reduce -19.5% |
| ENPH Enphase Energy Inc. | 0.22% | 7,388 | $894K | Reduce -2.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 1,561 | $817K | Reduce -0.1% |
| GBTC Grayscale Bitcoin Trust ETF | 0.19% | 12,190 | $770K | New |
| SO The Southern Co. | 0.19% | 10,601 | $761K | Reduce -4.5% |
| GOOG Alphabet Inc. Class C | 0.18% | 4,771 | $726K | Reduce -0.5% |
| HACK Amplify Cybersecurity ETF | 0.17% | 10,878 | $697K | Add +0.5% |
| VOO Vanguard S&P 500 ETF | 0.16% | 1,344 | $646K | Add +1.7% |
| ABBV Abbvie Inc. | 0.16% | 3,469 | $632K | Reduce -95.1% |
| USFR Wisdomtree Floating Rate Tre | 0.16% | 12,539 | $631K | Reduce -3.9% |
| ABT Abbott Laboratories | 0.16% | 5,543 | $630K | Reduce -3.3% |
| CL Colgate-Palmolive Co. | 0.15% | 6,690 | $602K | No change |
| IWN iShares Russell 2000 Value E | 0.14% | 3,595 | $571K | Add +110.5% |
| ADBE Adobe Inc. | 0.13% | 1,029 | $519K | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.13% | 1,297 | $516K | Reduce -2.6% |
| MDT Medtronic PLC | 0.13% | 5,768 | $503K | Reduce -3.8% |
| PANW Palo Alto Networks Inc. | 0.13% | 1,764 | $501K | Add +14.2% |
| TSLA Tesla Inc. | 0.11% | 2,587 | $455K | Add +2.9% |
| MRK Merck & Co. Inc. | 0.11% | 3,338 | $440K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.09% | 2,050 | $374K | Reduce -8.9% |
| PG The Procter & Gamble Co. | 0.09% | 2,274 | $369K | Reduce -1.1% |
| NEE Nextera Energy Inc. | 0.09% | 5,705 | $365K | Add +0.6% |
| WFC Wells Fargo & Co. | 0.09% | 5,889 | $341K | Add +13.7% |
| AMD Advanced Micro Devices | 0.08% | 1,682 | $304K | Add +4.3% |
| NFLX Netflix Inc. | 0.07% | 448 | $272K | Reduce -6.9% |
| DVN Devon Energy Corp. | 0.07% | 5,241 | $263K | Reduce -18.6% |
| APD Air Products & Chemicals Inc. | 0.06% | 1,000 | $242K | No change |
| PEP Pepsico Inc. | 0.06% | 1,360 | $238K | Reduce -1.4% |
| INTC Intel Corp. | 0.06% | 5,284 | $233K | Reduce -4.0% |
| MA Mastercard Inc. Class A | 0.06% | 465 | $224K | New |
| EPD Enterprise Products Partners | 0.05% | 7,466 | $218K | New |
| BX Blackstone Inc. | 0.05% | 1,575 | $207K | New |
| WIX Wix.com Ltd. | 0.05% | 1,500 | $206K | New |
| SNOW Snowflake Inc. | 0.05% | 1,264 | $204K | New |
Portfolio Sells Q4 2023 → Q1 2024
| ABBV Abbvie Inc. | Reduce -95.1% | 0.16% | −2.86 |
| AAPL Apple Inc. | Reduce -3.8% | 7.30% | −2.08 |
| AMZN Amazon.com Inc. | Reduce -28.4% | 4.41% | −1.30 |
| SBUX Starbucks Corp. | Reduce -72.0% | 0.41% | −1.27 |
| PROSHARES TR | Reduce -12.0% | 1.13% | −0.57 |
| NKE Nike Inc. Class B | Reduce -0.0% | 1.61% | −0.44 |
| CVS CVS Health Corp. | Reduce -10.8% | 1.70% | −0.38 |
| COST Costco Wholesale Corp. | Reduce -26.6% | 1.03% | −0.36 |
| JNJ Johnson & Johnson | Reduce -0.9% | 3.01% | −0.30 |
| GLD SPDR Gold Shares | Reduce -0.3% | 7.96% | −0.21 |
| BA The Boeing Co. | Sold out | 0.00% | −0.19 |
| TMUS T-Mobile US Inc. | Reduce -1.0% | 2.01% | −0.18 |
| XLV SS Health Care Select Sector | Reduce -2.0% | 3.55% | −0.13 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -0.2% | 1.79% | −0.11 |
| PROSHARES SHORT S&P500 | Reduce -19.5% | 0.22% | −0.11 |
| CVX Chevron Corp. | Reduce -14.9% | 0.49% | −0.11 |
| DLTR Dollar Tree Inc. | Reduce -2.4% | 0.48% | −0.10 |
| ITA iShares U.S. Aerospace & Def | Reduce -1.5% | 1.31% | −0.10 |
| INDA iShares MSCI India ETF | Reduce -0.9% | 1.78% | −0.09 |
| AGG iShares Core U.S. Aggregate | Reduce -2.2% | 0.53% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.07 |
| MCD McDonald's Corp. | Reduce -0.7% | 0.41% | −0.07 |
| XBI SS SPDR S&P Biotech ETF | Reduce -0.3% | 1.69% | −0.07 |
| FBT First Trust Nyse Arca Biotec | Reduce -3.9% | 0.37% | −0.07 |
| CALB California Bancorp Inc. | Sold out | 0.00% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -0.0% | 0.51% | −0.06 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.06 |
| MS Morgan Stanley | Reduce -5.6% | 0.36% | −0.06 |
| ENPH Enphase Energy Inc. | Reduce -2.7% | 0.22% | −0.05 |
| MSFT Microsoft Corp. | Reduce -2.5% | 3.34% | −0.03 |
| PHO Invesco Water Resources ETF | Reduce -1.8% | 1.12% | −0.03 |
| SO The Southern Co. | Reduce -4.5% | 0.19% | −0.02 |
| USFR Wisdomtree Floating Rate Tre | Reduce -3.9% | 0.16% | −0.02 |
| REGN Regeneron Pharmaceuticals | Reduce -0.9% | 1.64% | −0.02 |
| INTC Intel Corp. | Reduce -4.0% | 0.06% | −0.02 |
| ABT Abbott Laboratories | Reduce -3.3% | 0.16% | −0.02 |
| DVN Devon Energy Corp. | Reduce -18.6% | 0.07% | −0.01 |
| XLI SS Industrial Select Sector | Reduce -2.9% | 0.51% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -8.9% | 0.09% | −0.01 |
| MDT Medtronic PLC | Reduce -3.8% | 0.13% | −0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -2.6% | 0.13% | −0.01 |
| HD Home Depot Inc. | Reduce -1.9% | 0.46% | −0.01 |
| PEP Pepsico Inc. | Reduce -1.4% | 0.06% | −0.01 |
| CRSP Crispr Therapeutics AG | Reduce -0.1% | 0.41% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 0.18% | −0.00 |
| MAR Marriott International Class A | Reduce -2.1% | 0.55% | −0.00 |
| BAC Bank of America Corp. | Reduce -2.4% | 1.18% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -1.1% | 0.09% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.1% | 0.20% | −0.00 |
| NFLX Netflix Inc. | Reduce -6.9% | 0.07% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| NTR Nutrien Ltd. | New | 1.92% | +1.92 |
| UTF Cohen & Steers Infrastructur | Add +165.2% | 2.77% | +1.74 |
| XLE SS Energy Select Sector | Add +915.6% | 1.81% | +1.64 |
| FCX Freeport-McMoran Inc. | New | 1.17% | +1.17 |
| CCL Carnival Corp. | New | 1.13% | +1.13 |
| DKNG Draftkings Inc. Class A | New | 0.76% | +0.76 |
| BIIB Biogen Inc. | New | 0.71% | +0.71 |
| ALGN Align Technology Inc. | New | 0.60% | +0.60 |
| XLB SS Materials Select Sector | New | 0.49% | +0.49 |
| EEM iShares MSCI Emerging Market | Add +39.6% | 1.39% | +0.32 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.19% | +0.19 |
| LLY Eli Lilly & Co. | Add +0.6% | 0.79% | +0.14 |
| XOM Exxon Mobil Corp. | Add +1.1% | 1.99% | +0.13 |
| IWM iShares Russell 2000 ETF | Add +66.2% | 0.24% | +0.09 |
| IWN iShares Russell 2000 Value E | Add +110.5% | 0.14% | +0.07 |
| MA Mastercard Inc. Class A | New | 0.06% | +0.06 |
| EPD Enterprise Products Partners | New | 0.05% | +0.05 |
| BX Blackstone Inc. | New | 0.05% | +0.05 |
| WIX Wix.com Ltd. | New | 0.05% | +0.05 |
| SNOW Snowflake Inc. | New | 0.05% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +0.6% | 0.68% | +0.05 |
| MGM MGM Resorts International | Add +7.2% | 1.66% | +0.05 |
| COP Conocophillips | Add +2.5% | 1.56% | +0.03 |
| STZ Constellation Brands Inc. Class A | Add +0.1% | 1.34% | +0.03 |
| WFC Wells Fargo & Co. | Add +13.7% | 0.09% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +2.4% | 2.67% | +0.01 |
| AMD Advanced Micro Devices | Add +4.3% | 0.08% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +1.7% | 0.16% | +0.00 |
| V Visa Inc. Class A | Add +2.8% | 0.36% | +0.00 |
| PANW Palo Alto Networks Inc. | Add +14.2% | 0.13% | −0.00 |
| NEE Nextera Energy Inc. | Add +0.6% | 0.09% | −0.00 |
| HACK Amplify Cybersecurity ETF | Add +0.5% | 0.17% | −0.01 |
| SLV iShares Silver Trust | Add +1.8% | 1.02% | −0.04 |
| GDX Vaneck Gold Miners ETF | Add +3.8% | 1.25% | −0.05 |
| TSLA Tesla Inc. | Add +2.9% | 0.11% | −0.06 |
| KO The Coca-Cola Co. | Add +2.5% | 2.46% | −0.08 |
| LMT Lockheed Martin Corp. | Add +5.1% | 3.35% | −0.15 |
| UNH Unitedhealth Group Inc. | Add +1.8% | 1.76% | −0.27 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 128 | $495.0M | AAPL, GLD, GOOGL, AMZN, JNJ |
| Q4 2025 | 133 | $518.3M | AAPL, GOOGL, AMZN, GLD, MSFT |
| Q3 2025 | 129 | $486.6M | AAPL, GLD, AMZN, GOOGL, MSFT |
| Q2 2025 | 110 | $397.2M | AAPL, AMZN, GLD, MSFT, UTF |
| Q1 2025 | 102 | $392.8M | GLD, AAPL, AMZN, UTF, KO |
| Q4 2024 | 107 | $403.6M | AAPL, GLD, AMZN, GOOGL, MSFT |
| Q3 2024 | 101 | $418.5M | GLD, AAPL, LMT, AMZN, XLV |
| Q2 2024 | 96 | $414.7M | AAPL, GLD, AMZN, MSFT, XLV |
| Q1 2024 | 96 | $400.1M | GLD, AAPL, AMZN, XLV, LMT |