Capital Counsel LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Capital Counsel LLC reported 55 stock positions worth $2.2 billion. Its top holding was Alphabet Class C (GOOG) at 11.2% of the portfolio, followed by Costco Wholesale (COST, 10.9%) and Microsoft (MSFT, 10.3%). Compared with Q1 2024, it opened 1 new position, sold out of 2, added to 8 and reduced 20. The biggest buy was Qualcomm (QCOM, shares +1%) and the biggest sale Intel (INTC, shares −2%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001114928
Portfolio Value
$2.2B (Q2 2024)
SEC Filing
0001114928-24-000004 ↗ filed Aug 14, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $2.2B Q1 2024 Q2 2024: $2.2B $2.2B Q2 2024 Q3 2024: $2.3B Q3 2024 Q4 2024: $2.3B Q4 2024 Q1 2025: $2.3B Q1 2025 Q2 2025: $2.5B Q2 2025 Q3 2025: $2.6B Q3 2025 Q4 2025: $2.6B Q4 2025 Q1 2026: $2.4B Q1 2026 Q2 2026: $2.6B Q2 2026

Holdings 55 stocks · $2.2B
GOOG Alphabet Inc. Class C 11.18% 1,365,526 $250.5M Reduce -1.3%
COST Costco Wholesale Corp. 10.94% 288,328 $245.1M Reduce -1.6%
MSFT Microsoft Corp. 10.31% 516,491 $230.8M Reduce -0.4%
IDXX Idexx Laboratories Inc. 10.23% 470,099 $229.0M Add +0.1%
MTD Mettler-Toledo International 9.57% 153,386 $214.4M Reduce -1.2%
V Visa Inc. Class A 9.47% 808,023 $212.1M Add +0.2%
ANET Arista Networks Inc. 8.75% 559,260 $196.0M Reduce -0.4%
ADP Automatic Data Processing 7.39% 693,693 $165.6M Add +0.7%
CME Cme Group Inc. 7.24% 825,338 $162.3M Add +0.6%
QCOM Qualcomm Inc. 5.10% 573,677 $114.3M Add +0.9%
HD Home Depot Inc. 4.84% 315,034 $108.4M Add +0.4%
INTC Intel Corp. 0.86% 622,762 $19.3M Reduce -1.5%
AAPL Apple Inc. 0.73% 77,160 $16.3M Reduce -0.4%
AMD Advanced Micro Devices 0.60% 82,722 $13.4M No change
DHR Danaher Corp. 0.51% 45,857 $11.5M No change
MRK Merck & Co. Inc. 0.34% 62,183 $7.7M No change
XOM Exxon Mobil Corp. 0.25% 49,248 $5.7M No change
GILD Gilead Sciences Inc. 0.21% 69,310 $4.8M No change
GOOGL Alphabet Inc. Class A 0.13% 15,649 $2.9M Reduce -0.6%
ADI Analog Devices Inc. 0.13% 12,464 $2.8M Reduce -0.3%
HUBB Hubbell Inc. 0.11% 6,587 $2.4M No change
PEP Pepsico Inc. 0.10% 13,620 $2.2M Reduce -1.0%
KGC Kinross Gold Corp. 0.09% 244,279 $2.0M No change
MA Mastercard Inc. Class A 0.09% 4,469 $2.0M Reduce -2.2%
BRK.B Berkshire Hathaway Inc. Class B 0.09% 4,791 $1.9M No change
IONS Ionis Pharmaceuticals Inc. 0.08% 37,080 $1.8M Reduce -6.3%
VLTO Veralto Corp. 0.06% 14,973 $1.4M No change
WAB Wabtec Corp. 0.06% 8,100 $1.3M Reduce -1.2%
FTV Fortive Corp. 0.05% 15,231 $1.1M No change
MRNA Moderna Inc. 0.05% 9,070 $1.1M Reduce -9.0%
CI The Cigna Group 0.05% 3,115 $1.0M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.04% 1,503 $818K Add +2.0%
AMZN Amazon.com Inc. 0.03% 3,800 $734K No change
WMT Walmart Inc. 0.03% 10,257 $695K No change
TMO Thermo Fisher Scientific Inc. 0.03% 1,177 $651K Reduce -1.3%
SM SM Energy Co. 0.03% 14,405 $623K Add +21.0%
VOO Vanguard S&P 500 ETF 0.03% 1,156 $578K Reduce -14.5%
FIS Fidelity National Info Serv 0.02% 6,475 $488K No change
ADBE Adobe Inc. 0.02% 758 $421K No change
NVO Novo-Nordisk A/S-Spons ADR 0.02% 2,500 $357K No change
CHRW C.H. Robinson Worldwide Inc. 0.02% 4,000 $352K Reduce -18.4%
NVDA Nvidia Corp. 0.02% 2,790 $345K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 1,900 $329K No change
JPM JPMorgan Chase & Co. 0.01% 1,574 $318K Reduce -8.7%
NSC Norfolk Southern Corp. 0.01% 1,255 $269K No change
LLY Eli Lilly & Co. 0.01% 285 $258K No change
FLO Flowers Foods Inc. 0.01% 11,610 $258K Reduce -4.6%
VNT Vontier Corp. 0.01% 6,090 $233K No change
EME Emcor Group Inc. 0.01% 621 $227K No change
AMGN Amgen Inc. 0.01% 666 $208K New
RSG Republic Services Inc. 0.01% 1,069 $208K Reduce -18.9%
CAT Caterpillar Inc. 0.01% 611 $204K No change
NRGV Energy Vault Holdings Inc. 0.00% 71,725 $68K No change
VUZI Vuzix Corp. 0.00% 20,000 $27K No change
DPRO Draganfly Inc. 0.00% 16,578 $4K No change

Portfolio Sells Q1 2024 → Q2 2024
INTC Intel Corp. Reduce -1.5% 0.86% −0.42
SIRI Sirius XM Holdings Inc. Sold out 0.00% −0.04
MA Mastercard Inc. Class A Reduce -2.2% 0.09% −0.01
PEP Pepsico Inc. Reduce -1.0% 0.10% −0.01
COP Conocophillips Sold out 0.00% −0.01
VOO Vanguard S&P 500 ETF Reduce -14.5% 0.03% −0.00
TMO Thermo Fisher Scientific Inc. Reduce -1.3% 0.03% −0.00
RSG Republic Services Inc. Reduce -18.9% 0.01% −0.00
FLO Flowers Foods Inc. Reduce -4.6% 0.01% −0.00
JPM JPMorgan Chase & Co. Reduce -8.7% 0.01% −0.00
CHRW C.H. Robinson Worldwide Inc. Reduce -18.4% 0.02% −0.00
MRNA Moderna Inc. Reduce -9.0% 0.05% −0.00
IONS Ionis Pharmaceuticals Inc. Reduce -6.3% 0.08% +0.00
WAB Wabtec Corp. Reduce -1.2% 0.06% +0.00
ADI Analog Devices Inc. Reduce -0.3% 0.13% +0.01
GOOGL Alphabet Inc. Class A Reduce -0.6% 0.13% +0.02
MTD Mettler-Toledo International Reduce -1.2% 9.57% +0.08
AAPL Apple Inc. Reduce -0.4% 0.73% +0.12
MSFT Microsoft Corp. Reduce -0.4% 10.31% +0.28
COST Costco Wholesale Corp. Reduce -1.6% 10.94% +1.08
ANET Arista Networks Inc. Reduce -0.4% 8.75% +1.27
GOOG Alphabet Inc. Class C Reduce -1.3% 11.18% +1.51

Portfolio Buys Q1 2024 → Q2 2024
QCOM Qualcomm Inc. Add +0.9% 5.10% +0.68
AMGN Amgen Inc. New 0.01% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +2.0% 0.04% +0.00
SM SM Energy Co. Add +21.0% 0.03% +0.00
ADP Automatic Data Processing Add +0.7% 7.39% −0.51
HD Home Depot Inc. Add +0.4% 4.84% −0.69
V Visa Inc. Class A Add +0.2% 9.47% −0.87
CME Cme Group Inc. Add +0.6% 7.24% −0.87
IDXX Idexx Laboratories Inc. Add +0.1% 10.23% −1.42

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 58$2.6BANET, GOOG, V, IDXX, COST
Q1 2026 62$2.4BGOOG, ANET, COST, IDXX, CME
Q4 2025 61$2.6BGOOG, IDXX, ANET, V, MSFT
Q3 2025 60$2.6BANET, GOOG, IDXX, V, MSFT
Q2 2025 57$2.5BV, MSFT, COST, IDXX, GOOG
Q1 2025 56$2.3BV, COST, CME, ADP, GOOG
Q4 2024Amended 55$2.3BGOOG, V, COST, ANET, MSFT
Q3 2024 55$2.3BCOST, IDXX, MTD, GOOG, V
Q2 2024 55$2.2BGOOG, COST, MSFT, IDXX, MTD
Q1 2024 56$2.2BIDXX, V, MSFT, COST, GOOG