Bedell Frazier Investment Counselling, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Bedell Frazier Investment Counselling, LLC reported 107 stock positions worth $403.6 million. Its top holding was Apple (AAPL) at 10.0% of the portfolio, followed by SPDR Gold Shares (GLD, 9.6%) and Amazon.com (AMZN, 6.1%). Compared with Q3 2024, it opened 15 new positions, sold out of 9, added to 28 and reduced 53. The biggest buy was a new position in SS Financial Select Sector (XLF) and the biggest sale an exit from Proshares TR.
- Most Recent 13F
- Q1 2026
- Location
- Walnut Creek, CA
- CIK
- 0001388142
- Portfolio Value
- $403.6M (Q4 2024)
- SEC Filing
- 0001172661-25-000693 ↗ filed Feb 12, 2025
Holdings Value
Holdings 107 stocks · $403.6M
| AAPL Apple Inc. | 10.05% | 161,908 | $40.5M | Reduce -1.1% |
| GLD SPDR Gold Shares | 9.55% | 159,193 | $38.5M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 6.10% | 112,202 | $24.6M | Add +33.1% |
| GOOGL Alphabet Inc. Class A | 3.54% | 75,451 | $14.3M | Add +21.5% |
| MSFT Microsoft Corp. | 3.03% | 28,985 | $12.2M | Add +0.1% |
| UTF Cohen & Steers Infrastructur | 3.02% | 507,237 | $12.2M | Reduce -2.5% |
| LMT Lockheed Martin Corp. | 2.78% | 23,081 | $11.2M | Reduce -17.6% |
| KO The Coca-Cola Co. | 2.53% | 163,910 | $10.2M | Add +1.8% |
| JNJ Johnson & Johnson | 2.52% | 70,262 | $10.2M | Reduce -8.3% |
| XLF SS Financial Select Sector | 2.35% | 196,493 | $9.5M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 2.31% | 123,296 | $9.3M | Reduce -2.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.19% | 40,234 | $8.8M | Reduce -2.8% |
| PDBC Invesco Optimum Yield Divers | 2.12% | 658,519 | $8.6M | Add +72.8% |
| XOM Exxon Mobil Corp. | 2.09% | 78,326 | $8.4M | Add +4.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.99% | 72,064 | $8.0M | Reduce -13.2% |
| UNH Unitedhealth Group Inc. | 1.97% | 15,720 | $8.0M | Reduce -3.5% |
| IJT iShares S&P Small-Cap 600 GR | 1.95% | 58,158 | $7.9M | New |
| XLV SS Health Care Select Sector | 1.70% | 49,879 | $6.9M | Reduce -47.1% |
| NVDA Nvidia Corp. | 1.53% | 46,059 | $6.2M | Reduce -0.1% |
| TGT Target Corp. | 1.47% | 43,963 | $5.9M | New |
| RTX RTX Corp. | 1.42% | 49,511 | $5.7M | Reduce -3.1% |
| COP Conocophillips | 1.37% | 55,706 | $5.5M | Reduce -0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.32% | 121,178 | $5.3M | Add +0.7% |
| INDA iShares MSCI India ETF | 1.31% | 100,151 | $5.3M | Reduce -0.1% |
| FCX Freeport-McMoran Inc. | 1.21% | 127,727 | $4.9M | Reduce -6.1% |
| COST Costco Wholesale Corp. | 1.17% | 5,172 | $4.7M | Reduce -1.5% |
| ROK Rockwell Automation Inc. | 1.15% | 16,203 | $4.6M | New |
| NKE Nike Inc. Class B | 1.14% | 60,677 | $4.6M | Reduce -27.8% |
| STZ Constellation Brands Inc. Class A | 1.13% | 20,560 | $4.5M | Reduce -13.9% |
| GDX Vaneck Gold Miners ETF | 1.11% | 132,623 | $4.5M | Reduce -17.2% |
| SLV iShares Silver Trust | 1.11% | 170,412 | $4.5M | Reduce -11.8% |
| VZ Verizon Communications Inc. | 1.08% | 108,751 | $4.3M | Add +3.4% |
| PHO Invesco Water Resources ETF | 1.05% | 64,675 | $4.3M | Reduce -2.0% |
| VOO Vanguard S&P 500 ETF | 1.01% | 7,554 | $4.1M | Add +468.0% |
| ROKU Roku Inc. | 0.92% | 49,726 | $3.7M | New |
| REGN Regeneron Pharmaceuticals | 0.87% | 4,905 | $3.5M | Add +1.9% |
| JPM JPMorgan Chase & Co. | 0.83% | 13,908 | $3.3M | Add +1.0% |
| LLY Eli Lilly & Co. | 0.79% | 4,149 | $3.2M | Add +1.2% |
| AVGO Broadcom Inc. | 0.70% | 12,147 | $2.8M | Reduce -9.1% |
| CVX Chevron Corp. | 0.65% | 18,018 | $2.6M | Add +35.7% |
| EOG EOG Resources Inc. | 0.64% | 21,008 | $2.6M | New |
| CSCO Cisco Systems Inc. | 0.54% | 36,999 | $2.2M | Reduce -10.0% |
| MAR Marriott International Class A | 0.54% | 7,796 | $2.2M | Reduce -5.7% |
| CCJ Cameco Corp. | 0.52% | 40,859 | $2.1M | Reduce -0.5% |
| AGG iShares Core U.S. Aggregate | 0.51% | 21,260 | $2.1M | Add +2.4% |
| CELH Celsius Holdings Inc. | 0.50% | 76,834 | $2.0M | Add +76.3% |
| XLI SS Industrial Select Sector | 0.50% | 15,257 | $2.0M | Reduce -2.8% |
| EQT Eqt Corp. | 0.48% | 41,907 | $1.9M | New |
| HD Home Depot Inc. | 0.47% | 4,859 | $1.9M | Reduce -0.3% |
| XLB SS Materials Select Sector | 0.44% | 21,122 | $1.8M | Reduce -0.2% |
| BA The Boeing Co. | 0.44% | 9,924 | $1.8M | Reduce -11.3% |
| MCD McDonald's Corp. | 0.42% | 5,850 | $1.7M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 0.40% | 2,790 | $1.6M | Add +10.8% |
| V Visa Inc. Class A | 0.39% | 4,926 | $1.6M | Reduce -4.6% |
| META Meta Platforms Inc. Class A | 0.36% | 2,473 | $1.4M | No change |
| BCAL California Bancorp | 0.30% | 73,729 | $1.2M | Reduce -21.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.25% | 1,736 | $1.0M | Add +7.3% |
| LRCX Lam Research Corp. | 0.25% | 13,810 | $997K | Reduce -11.4% |
| TSLA Tesla Inc. | 0.24% | 2,416 | $976K | Reduce -0.6% |
| FBT First Trust Nyse Arca Biotec | 0.24% | 5,827 | $969K | Add +0.3% |
| CPT Camden Property Trust | 0.24% | 8,208 | $952K | Reduce -78.7% |
| GOOG Alphabet Inc. Class C | 0.23% | 4,878 | $929K | Add +0.6% |
| HACK Amplify Cybersecurity ETF | 0.22% | 12,037 | $897K | Add +0.9% |
| ETN Eaton Corp. PLC | 0.22% | 2,638 | $875K | Reduce -0.9% |
| TT Trane Technologies PLC | 0.21% | 2,347 | $867K | Add +45.3% |
| SO The Southern Co. | 0.21% | 10,375 | $854K | Reduce -0.1% |
| CRSP Crispr Therapeutics AG | 0.21% | 21,113 | $831K | Reduce -19.9% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 0.19% | 9,444 | $768K | New |
| GBTC Grayscale Bitcoin Trust ETF | 0.18% | 9,577 | $709K | Reduce -0.4% |
| PANW Palo Alto Networks Inc. | 0.17% | 3,822 | $695K | Add +0.1% |
| PFE Pfizer Inc. | 0.15% | 23,281 | $618K | New |
| CB Chubb Ltd. | 0.15% | 2,220 | $613K | Add +8.3% |
| CL Colgate-Palmolive Co. | 0.15% | 6,714 | $610K | No change |
| DLTR Dollar Tree Inc. | 0.15% | 7,918 | $593K | Reduce -44.2% |
| AMD Advanced Micro Devices | 0.15% | 4,887 | $590K | Add +174.6% |
| XLRE SS Real Estate Select Sector | 0.13% | 12,970 | $527K | Reduce -92.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.12% | 1,132 | $482K | No change |
| USFR Wisdomtree Floating Rate Tre | 0.12% | 9,362 | $471K | Reduce -23.1% |
| ADBE Adobe Inc. | 0.11% | 1,033 | $459K | Reduce -0.3% |
| ABT Abbott Laboratories | 0.10% | 3,729 | $422K | Reduce -18.4% |
| VRT Vertiv Holdings Co. Class A | 0.10% | 3,654 | $415K | New |
| NFLX Netflix Inc. | 0.10% | 462 | $412K | Add +2.2% |
| NEE Nextera Energy Inc. | 0.10% | 5,626 | $403K | Reduce -0.9% |
| VIG Vanguard Dividend Apprec ETF | 0.10% | 2,050 | $401K | No change |
| DVN Devon Energy Corp. | 0.10% | 12,043 | $394K | Reduce -76.7% |
| WFC Wells Fargo & Co. | 0.10% | 5,564 | $391K | Reduce -0.9% |
| CRDO Credo Technology Group Holdi | 0.09% | 5,587 | $376K | New |
| PG The Procter & Gamble Co. | 0.09% | 2,173 | $364K | Reduce -2.3% |
| ITA iShares U.S. Aerospace & Def | 0.09% | 2,478 | $360K | Reduce -87.1% |
| ABBV Abbvie Inc. | 0.09% | 1,979 | $352K | Reduce -8.6% |
| WMT Walmart Inc. | 0.09% | 3,844 | $347K | Add +3.2% |
| NOBL Proshares S&P 500 Dividend A | 0.08% | 3,178 | $316K | Add +46.3% |
| IWM iShares Russell 2000 ETF | 0.08% | 1,381 | $305K | Reduce -29.9% |
| MRK Merck & Co. Inc. | 0.07% | 3,001 | $299K | Reduce -7.4% |
| MDT Medtronic PLC | 0.07% | 3,707 | $296K | Reduce -29.9% |
| APD Air Products & Chemicals Inc. | 0.07% | 1,000 | $290K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.07% | 782 | $268K | Add +5.4% |
| BX Blackstone Inc. | 0.06% | 1,500 | $259K | No change |
| WIX Wix.com Ltd. | 0.06% | 1,200 | $257K | No change |
| SNOW Snowflake Inc. | 0.06% | 1,611 | $249K | New |
Portfolio Sells Q3 2024 → Q4 2024
| PROSHARES TR | Sold out | 0.00% | −2.04 |
| XLRE SS Real Estate Select Sector | Reduce -92.9% | 0.13% | −1.81 |
| XLV SS Health Care Select Sector | Reduce -47.1% | 1.70% | −1.77 |
| BIIB Biogen Inc. | Sold out | 0.00% | −1.45 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −1.42 |
| LMT Lockheed Martin Corp. | Reduce -17.6% | 2.78% | −1.14 |
| CVS CVS Health Corp. | Sold out | 0.00% | −1.11 |
| CPT Camden Property Trust | Reduce -78.7% | 0.24% | −0.90 |
| NKE Nike Inc. Class B | Reduce -27.8% | 1.14% | −0.64 |
| ITA iShares U.S. Aerospace & Def | Reduce -87.1% | 0.09% | −0.60 |
| JNJ Johnson & Johnson | Reduce -8.3% | 2.52% | −0.45 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.44 |
| FCX Freeport-McMoran Inc. | Reduce -6.1% | 1.21% | −0.42 |
| GDX Vaneck Gold Miners ETF | Reduce -17.2% | 1.11% | −0.41 |
| DVN Devon Energy Corp. | Reduce -76.7% | 0.10% | −0.38 |
| STZ Constellation Brands Inc. Class A | Reduce -13.9% | 1.13% | −0.34 |
| UNH Unitedhealth Group Inc. | Reduce -3.5% | 1.97% | −0.31 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.24 |
| UTF Cohen & Steers Infrastructur | Reduce -2.5% | 3.02% | −0.21 |
| SLV iShares Silver Trust | Reduce -11.8% | 1.11% | −0.20 |
| PROSHARES SHORT S&P500 | Sold out | 0.00% | −0.17 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -2.2% | 2.31% | −0.12 |
| INDA iShares MSCI India ETF | Reduce -0.1% | 1.31% | −0.10 |
| DLTR Dollar Tree Inc. | Reduce -44.2% | 0.15% | −0.09 |
| CRSP Crispr Therapeutics AG | Reduce -19.9% | 0.21% | −0.09 |
| RTX RTX Corp. | Reduce -3.1% | 1.42% | −0.06 |
| PHO Invesco Water Resources ETF | Reduce -2.0% | 1.05% | −0.06 |
| LRCX Lam Research Corp. | Reduce -11.4% | 0.25% | −0.06 |
| GE General Electric | Sold out | 0.00% | −0.05 |
| INTC Intel Corp. | Sold out | 0.00% | −0.05 |
| XLB SS Materials Select Sector | Reduce -0.2% | 0.44% | −0.05 |
| COP Conocophillips | Reduce -0.7% | 1.37% | −0.04 |
| MDT Medtronic PLC | Reduce -29.9% | 0.07% | −0.04 |
| USFR Wisdomtree Floating Rate Tre | Reduce -23.1% | 0.12% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -29.9% | 0.08% | −0.03 |
| BCAL California Bancorp | Reduce -21.1% | 0.30% | −0.03 |
| ABT Abbott Laboratories | Reduce -18.4% | 0.10% | −0.02 |
| ABBV Abbvie Inc. | Reduce -8.6% | 0.09% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -0.9% | 0.10% | −0.01 |
| ADBE Adobe Inc. | Reduce -0.3% | 0.11% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -7.4% | 0.07% | −0.01 |
| SO The Southern Co. | Reduce -0.1% | 0.21% | −0.01 |
| XLI SS Industrial Select Sector | Reduce -2.8% | 0.50% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.3% | 0.42% | −0.01 |
| HD Home Depot Inc. | Reduce -0.3% | 0.47% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -2.3% | 0.09% | −0.00 |
| IBM Intl Business Machines Corp. | Reduce -2.8% | 2.19% | +0.00 |
| ETN Eaton Corp. PLC | Reduce -0.9% | 0.22% | +0.01 |
| CSCO Cisco Systems Inc. | Reduce -10.0% | 0.54% | +0.02 |
| WFC Wells Fargo & Co. | Reduce -0.9% | 0.10% | +0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| XLF SS Financial Select Sector | New | 2.35% | +2.35 |
| AMZN Amazon.com Inc. | Add +33.1% | 6.10% | +2.35 |
| IJT iShares S&P Small-Cap 600 GR | New | 1.95% | +1.95 |
| TGT Target Corp. | New | 1.47% | +1.47 |
| ROK Rockwell Automation Inc. | New | 1.15% | +1.15 |
| GOOGL Alphabet Inc. Class A | Add +21.5% | 3.54% | +1.08 |
| ROKU Roku Inc. | New | 0.92% | +0.92 |
| PDBC Invesco Optimum Yield Divers | Add +72.8% | 2.12% | +0.90 |
| VOO Vanguard S&P 500 ETF | Add +468.0% | 1.01% | +0.84 |
| EOG EOG Resources Inc. | New | 0.64% | +0.64 |
| EQT Eqt Corp. | New | 0.48% | +0.48 |
| NLR Vaneck Urani & Nuclr ETF-Usd | New | 0.19% | +0.19 |
| CVX Chevron Corp. | Add +35.7% | 0.65% | +0.18 |
| BAC Bank of America Corp. | Add +0.7% | 1.32% | +0.18 |
| CELH Celsius Holdings Inc. | Add +76.3% | 0.50% | +0.17 |
| PFE Pfizer Inc. | New | 0.15% | +0.15 |
| JPM JPMorgan Chase & Co. | Add +1.0% | 0.83% | +0.13 |
| VRT Vertiv Holdings Co. Class A | New | 0.10% | +0.10 |
| GS Goldman Sachs Group Inc. | Add +10.8% | 0.40% | +0.10 |
| CRDO Credo Technology Group Holdi | New | 0.09% | +0.09 |
| AMD Advanced Micro Devices | Add +174.6% | 0.15% | +0.08 |
| TT Trane Technologies PLC | Add +45.3% | 0.21% | +0.06 |
| SNOW Snowflake Inc. | New | 0.06% | +0.06 |
| XLK SS Technology Select Sector | New | 0.06% | +0.06 |
| XLY SS Consumer Disc Select Sect | New | 0.05% | +0.05 |
| MDB Mongodb Inc. | New | 0.05% | +0.05 |
| MSFT Microsoft Corp. | Add +0.1% | 3.03% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 0.23% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.3% | 0.25% | +0.03 |
| HACK Amplify Cybersecurity ETF | Add +0.9% | 0.22% | +0.03 |
| NFLX Netflix Inc. | Add +2.2% | 0.10% | +0.03 |
| NOBL Proshares S&P 500 Dividend A | Add +46.3% | 0.08% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +5.4% | 0.07% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +0.1% | 0.17% | +0.02 |
| WMT Walmart Inc. | Add +3.2% | 0.09% | +0.01 |
| CB Chubb Ltd. | Add +8.3% | 0.15% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +2.4% | 0.51% | +0.01 |
| FBT First Trust Nyse Arca Biotec | Add +0.3% | 0.24% | +0.00 |
| XOM Exxon Mobil Corp. | Add +4.5% | 2.09% | −0.01 |
| VZ Verizon Communications Inc. | Add +3.4% | 1.08% | −0.05 |
| LLY Eli Lilly & Co. | Add +1.2% | 0.79% | −0.07 |
| KO The Coca-Cola Co. | Add +1.8% | 2.53% | −0.24 |
| REGN Regeneron Pharmaceuticals | Add +1.9% | 0.87% | −0.34 |
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 |