Capital Investment Counsel, Inc
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Capital Investment Counsel, Inc reported 261 stock positions worth $850.4 million. Its top holding was Apple (AAPL) at 18.5% of the portfolio, followed by Nvidia (NVDA, 13.4%) and Costco Wholesale (COST, 6.6%). Compared with Q3 2025, it opened 74 new positions, sold out of 9, added to 23 and reduced 93. The biggest buy was F/M US Treasury 3 Month Bill (TBIL, shares +72%) and the biggest sale Costco Wholesale (COST, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0001418421
- Portfolio Value
- $850.4M (Q4 2025)
- SEC Filing
- 0001398344-26-001082 ↗ filed Jan 23, 2026
Holdings Value
Holdings 261 stocks · $850.4M
| AAPL Apple Inc. | 18.47% | 577,778 | $157.1M | Reduce -1.7% |
| NVDA Nvidia Corp. | 13.44% | 613,000 | $114.3M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 6.59% | 64,994 | $56.0M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 4.06% | 110,060 | $34.5M | Reduce -0.7% |
| WMT Walmart Inc. | 4.05% | 308,877 | $34.4M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 2.94% | 108,261 | $25.0M | Reduce -0.5% |
| MSFT Microsoft Corp. | 2.82% | 49,537 | $24.0M | Reduce -0.8% |
| AMAT Applied Materials Inc. | 2.11% | 69,700 | $17.9M | Reduce -0.5% |
| PLTR Palantir Technologies Inc. Class A | 2.04% | 97,820 | $17.4M | Reduce -0.3% |
| TBIL F/M US Treasury 3 Month Bill | 1.53% | 261,385 | $13.0M | Add +72.0% |
| CSCO Cisco Systems Inc. | 1.52% | 168,045 | $12.9M | Reduce -1.4% |
| LOW Lowe's Cos Inc. | 1.34% | 47,310 | $11.4M | Reduce -3.7% |
| MRVL Marvell Technology Inc. | 1.22% | 122,076 | $10.4M | Reduce -1.8% |
| ADBE Adobe Inc. | 1.21% | 29,312 | $10.3M | Reduce -6.7% |
| XOM Exxon Mobil Corp. | 1.11% | 78,493 | $9.4M | Reduce -1.4% |
| SSO Proshares Ultra S&P500 | 1.08% | 158,067 | $9.2M | Reduce -1.1% |
| QCOM Qualcomm Inc. | 1.06% | 52,819 | $9.0M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 1.06% | 62,776 | $9.0M | Add +19.6% |
| KO The Coca-Cola Co. | 1.03% | 125,243 | $8.8M | Add +1.3% |
| SCHW Schwab (charles) Corp. | 1.01% | 86,264 | $8.6M | Reduce -2.5% |
| GOOGL Alphabet Inc. Class A | 0.93% | 25,324 | $7.9M | Reduce -3.4% |
| META Meta Platforms Inc. Class A | 0.83% | 10,697 | $7.1M | Reduce -1.0% |
| HII Huntington Ingalls Industrie | 0.81% | 20,194 | $6.9M | Reduce -0.5% |
| CAT Caterpillar Inc. | 0.80% | 11,862 | $6.8M | Reduce -4.8% |
| ORCL Oracle Corp. | 0.76% | 33,370 | $6.5M | Reduce -3.6% |
| LMT Lockheed Martin Corp. | 0.76% | 13,288 | $6.4M | Add +0.3% |
| TER Teradyne Inc. | 0.70% | 30,538 | $5.9M | Reduce -1.0% |
| DECK Deckers Outdoor Corp. | 0.68% | 55,382 | $5.7M | Add +77.6% |
| SAP Sap SE-Sponsored ADR | 0.65% | 22,660 | $5.5M | Reduce -5.2% |
| VEEV Veeva Systems Inc. Class A | 0.61% | 23,272 | $5.2M | Reduce -0.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.60% | 49,459 | $5.1M | Reduce -7.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.57% | 88,615 | $4.9M | Reduce -2.1% |
| RTX RTX Corp. | 0.56% | 26,197 | $4.8M | Reduce -8.9% |
| DG Dollar General Corp. | 0.53% | 34,254 | $4.5M | Reduce -4.1% |
| FDX FedEx Corp. | 0.53% | 15,474 | $4.5M | Reduce -1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.50% | 37,289 | $4.2M | Reduce -5.3% |
| ADP Automatic Data Processing | 0.50% | 16,467 | $4.2M | Add +6.9% |
| V Visa Inc. Class A | 0.45% | 10,983 | $3.9M | Reduce -0.5% |
| XBI SS SPDR S&P Biotech ETF | 0.45% | 31,190 | $3.8M | No change |
| AMD Advanced Micro Devices | 0.44% | 17,630 | $3.8M | Reduce -4.8% |
| DDM Proshares Ultra DOW30 | 0.44% | 66,050 | $3.8M | No change |
| SWKS Skyworks Solutions Inc. | 0.43% | 57,259 | $3.6M | Reduce -16.7% |
| WFC Wells Fargo & Co. | 0.42% | 38,021 | $3.5M | Reduce -0.4% |
| KWEB Kranesh Csi China Internet | 0.41% | 101,323 | $3.5M | Reduce -0.8% |
| TGT Target Corp. | 0.40% | 35,011 | $3.4M | Add +76.2% |
| MS Morgan Stanley | 0.38% | 18,371 | $3.3M | No change |
| UPS United Parcel Service Class B | 0.36% | 31,181 | $3.1M | Reduce -14.1% |
| TBBK The Bancorp Inc. | 0.35% | 43,829 | $3.0M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.34% | 19,621 | $2.9M | Reduce -1.3% |
| LRCX Lam Research Corp. | 0.33% | 16,589 | $2.8M | Reduce -1.0% |
| PAYX Paychex Inc. | 0.32% | 24,515 | $2.8M | Add +5.6% |
| GLW Corning Inc. | 0.31% | 30,400 | $2.7M | Reduce -9.3% |
| INTC Intel Corp. | 0.31% | 71,938 | $2.7M | Reduce -12.9% |
| ODFL Old Dominion Freight Line | 0.30% | 16,443 | $2.6M | Add +33.7% |
| UWM Proshares Ultra RUSSELL2000 | 0.28% | 51,104 | $2.4M | Add +0.0% |
| SYY Sysco Corp. | 0.27% | 31,579 | $2.3M | Reduce -2.1% |
| XLV SS Health Care Select Sector | 0.26% | 14,317 | $2.2M | Reduce -6.3% |
| HP Helmerich & Payne | 0.26% | 76,259 | $2.2M | Reduce -16.1% |
| PYPL PayPal Holdings Inc. | 0.24% | 34,794 | $2.0M | Reduce -2.0% |
| KRE SS SPDR S&P Regional Bank | 0.22% | 29,114 | $1.9M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 0.22% | 5,723 | $1.8M | Reduce -1.3% |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | 0.22% | 49,200 | $1.8M | Reduce -10.9% |
| GMED Globus Medical Inc. Class A | 0.21% | 20,890 | $1.8M | No change |
| MCD McDonald's Corp. | 0.21% | 5,905 | $1.8M | Reduce -1.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 2,537 | $1.7M | Reduce -1.5% |
| DUK Duke Energy Corp. | 0.20% | 14,572 | $1.7M | Add +0.0% |
| MU Micron Technology Inc. | 0.20% | 5,850 | $1.7M | No change |
| TSLA Tesla Inc. | 0.18% | 3,412 | $1.5M | Reduce -1.8% |
| VZ Verizon Communications Inc. | 0.18% | 36,948 | $1.5M | Reduce -2.2% |
| TFC Truist Financial Corp. | 0.18% | 30,476 | $1.5M | Reduce -3.8% |
| MLM Martin Marietta Materials | 0.18% | 2,406 | $1.5M | Reduce -0.7% |
| D Dominion Energy Inc. | 0.17% | 24,969 | $1.5M | Reduce -0.6% |
| HD Home Depot Inc. | 0.17% | 4,088 | $1.4M | Reduce -1.8% |
| NYT New York Times Co. Class A | 0.16% | 19,951 | $1.4M | No change |
| NOC Northrop Grumman Corp. | 0.16% | 2,420 | $1.4M | Reduce -2.0% |
| CVX Chevron Corp. | 0.16% | 9,016 | $1.4M | Reduce -1.8% |
| TLT iShares 20+ Year Treasury BD | 0.16% | 15,395 | $1.3M | Add +44.0% |
| KLIC Kulicke & Soffa Industries | 0.15% | 28,340 | $1.3M | Reduce -3.7% |
| EXPD Expeditors Intl Wash Inc. | 0.15% | 8,515 | $1.3M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.15% | 2,502 | $1.3M | No change |
| XLI SS Industrial Select Sector | 0.14% | 7,740 | $1.2M | No change |
| TWI Titan International Inc. | 0.14% | 151,948 | $1.2M | Reduce -3.1% |
| NKE Nike Inc. Class B | 0.14% | 18,624 | $1.2M | Reduce -14.6% |
| FXI iShares China Large-Cap ETF | 0.14% | 30,019 | $1.1M | Reduce -0.5% |
| SNPS Synopsys Inc. | 0.13% | 2,335 | $1.1M | No change |
| PCAR Paccar Inc. | 0.12% | 9,625 | $1.1M | No change |
| RACE Ferrari NV | 0.12% | 2,811 | $1.1M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.12% | 3,517 | $1.0M | Reduce -2.4% |
| XLE SS Energy Select Sector | 0.12% | 23,199 | $1.0M | Add +2.6% |
| RY Royal Bank of Canada | 0.12% | 6,015 | $1.0M | Reduce -42.8% |
| FFIV F5 Inc. | 0.12% | 4,005 | $1.0M | Reduce -2.4% |
| AKAM Akamai Technologies Inc. | 0.12% | 11,575 | $1.0M | Reduce -4.9% |
| TAFL AB Tax Aware Long Muni filed as AB ACTIVE ETFS INC | 0.12% | 40,000 | $1000K | Add +21.2% |
| KR Kroger Co. | 0.11% | 15,241 | $952K | No change |
| HPE Hewlett Packard Enterprise | 0.11% | 38,834 | $933K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.11% | 1,957 | $917K | Add +1.6% |
| TAFM AB Tax Aware Inter Muni filed as AB ACTIVE ETFS INC | 0.11% | 35,464 | $901K | Add +34.0% |
| GE General Electric filed as GE AEROSPACE | 0.11% | 2,908 | $896K | Reduce -8.1% |
| IYT iShares US Transportation Et | 0.10% | 11,592 | $864K | No change |
| JNJ Johnson & Johnson | 0.10% | 4,148 | $858K | Reduce -2.6% |
Portfolio Sells Q3 2025 → Q4 2025
| COST Costco Wholesale Corp. | Reduce -0.8% | 6.59% | −0.79 |
| NVDA Nvidia Corp. | Reduce -1.1% | 13.44% | −0.65 |
| ORCL Oracle Corp. | Reduce -3.6% | 0.76% | −0.42 |
| MSFT Microsoft Corp. | Reduce -0.8% | 2.82% | −0.33 |
| VEEV Veeva Systems Inc. Class A | Reduce -0.2% | 0.61% | −0.24 |
| SWKS Skyworks Solutions Inc. | Reduce -16.7% | 0.43% | −0.22 |
| LOW Lowe's Cos Inc. | Reduce -3.7% | 1.34% | −0.16 |
| ADBE Adobe Inc. | Reduce -6.7% | 1.21% | −0.14 |
| META Meta Platforms Inc. Class A | Reduce -1.0% | 0.83% | −0.14 |
| PLTR Palantir Technologies Inc. Class A | Reduce -0.3% | 2.04% | −0.14 |
| SAP Sap SE-Sponsored ADR | Reduce -5.2% | 0.65% | −0.13 |
| KWEB Kranesh Csi China Internet | Reduce -0.8% | 0.41% | −0.12 |
| BABA Alibaba Group Holding-SP ADR | Reduce -1.3% | 0.34% | −0.09 |
| CBRL Cracker Barrel Old Country | Reduce -15.1% | 0.07% | −0.08 |
| TROW T Rowe Price Group Inc. | Reduce -7.9% | 0.60% | −0.08 |
| RY Royal Bank of Canada | Reduce -42.8% | 0.12% | −0.07 |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | Reduce -10.9% | 0.22% | −0.05 |
| MRVL Marvell Technology Inc. | Reduce -1.8% | 1.22% | −0.05 |
| PYPL PayPal Holdings Inc. | Reduce -2.0% | 0.24% | −0.05 |
| DIS The Walt Disney Co. | Reduce -5.3% | 0.50% | −0.05 |
| SYY Sysco Corp. | Reduce -2.1% | 0.27% | −0.05 |
| FTI Technipfmc PLC | Sold out | 0.00% | −0.05 |
| NKE Nike Inc. Class B | Reduce -14.6% | 0.14% | −0.05 |
| FFIV F5 Inc. | Reduce -2.4% | 0.12% | −0.04 |
| HD Home Depot Inc. | Reduce -1.8% | 0.17% | −0.04 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.03 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.03 |
| CLX Clorox Company | Sold out | 0.00% | −0.03 |
| B Barrick Mining Corp. | Sold out | 0.00% | −0.03 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.03 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.03 |
| INTC Intel Corp. | Reduce -12.9% | 0.31% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -2.2% | 0.18% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.02 |
| TM Toyota Motor Corp. -Spon ADR | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Reduce -35.7% | 0.04% | −0.02 |
| GLW Corning Inc. | Reduce -9.3% | 0.31% | −0.02 |
| RTX RTX Corp. | Reduce -8.9% | 0.56% | −0.02 |
| NOC Northrop Grumman Corp. | Reduce -2.0% | 0.16% | −0.02 |
| PNFP Pinnacle Financial Partners | Reduce -24.0% | 0.05% | −0.02 |
| UYG Proshares Ultra Financials | Reduce -5.3% | 0.10% | −0.02 |
| FXI iShares China Large-Cap ETF | Reduce -0.5% | 0.14% | −0.02 |
| SSO Proshares Ultra S&P500 | Reduce -1.1% | 1.08% | −0.02 |
| D Dominion Energy Inc. | Reduce -0.6% | 0.17% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -2.5% | 1.01% | −0.01 |
| LYV Live Nation Entertainment Inc. | Reduce -3.6% | 0.06% | −0.01 |
| HPQ HP Inc. | Reduce -6.3% | 0.04% | −0.01 |
| CVX Chevron Corp. | Reduce -1.8% | 0.16% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -0.3% | 1.06% | −0.01 |
| GE General Electric | Reduce -8.1% | 0.11% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| TBIL F/M US Treasury 3 Month Bill | Add +72.0% | 1.53% | +0.61 |
| DECK Deckers Outdoor Corp. | Add +77.6% | 0.68% | +0.29 |
| TGT Target Corp. | Add +76.2% | 0.40% | +0.19 |
| RACE Ferrari NV | New | 0.12% | +0.12 |
| ODFL Old Dominion Freight Line | Add +33.7% | 0.30% | +0.09 |
| PG The Procter & Gamble Co. | Add +19.6% | 1.06% | +0.08 |
| BPRE Bluerock Private Real Estate | New | 0.06% | +0.06 |
| DLB Dolby Laboratories Inc. Class A | New | 0.06% | +0.06 |
| BND Vanguard Total Bond Market | New | 0.04% | +0.04 |
| TLT iShares 20+ Year Treasury BD | Add +44.0% | 0.16% | +0.04 |
| FISV Fiserv Inc. | New | 0.04% | +0.04 |
| KO The Coca-Cola Co. | Add +1.3% | 1.03% | +0.03 |
| CFLT Confluent Inc. Class A | New | 0.03% | +0.03 |
| KMB Kimberly-Clark Corp. | Add +79.0% | 0.09% | +0.03 |
| COHR Coherent Corp. | New | 0.03% | +0.03 |
| TAFM AB Tax Aware Inter Muni | Add +34.0% | 0.11% | +0.02 |
| ADI Analog Devices Inc. | New | 0.02% | +0.02 |
| IVV iShares Core S&P 500 ETF | New | 0.02% | +0.02 |
| FDMO Fidelity Momentum Factor ETF | New | 0.02% | +0.02 |
| FQAL Fidelity Quality Factor ETF | New | 0.02% | +0.02 |
| TLH iShares 10-20 Year Treasury | New | 0.02% | +0.02 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.02% | +0.02 |
| FVAL Fidelity Value Factor ETF | New | 0.02% | +0.02 |
| JCPB JPMorgan Core Plus Bond ETF | New | 0.02% | +0.02 |
| IWF iShares Russell 1000 Growth | New | 0.02% | +0.02 |
| IWR iShares Russell Mid-Cap ETF | New | 0.02% | +0.02 |
| UBT Proshares Ultra 20+ Year TSY | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | New | 0.02% | +0.02 |
| DVY iShares Select Dividend ETF | New | 0.02% | +0.02 |
| TAFL AB Tax Aware Long Muni | Add +21.2% | 0.12% | +0.02 |
| F Ford Motor Co. | New | 0.02% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | New | 0.02% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.01% | +0.01 |
| RIG Transocean Ltd. | New | 0.01% | +0.01 |
| IJH iShares Core S&P Midcap ETF | New | 0.01% | +0.01 |
| JPST JPMorgan Ultra-Short Income | New | 0.01% | +0.01 |
| IWD iShares Russell 1000 Value E | New | 0.01% | +0.01 |
| XLP SS Consumer Staples Sel Sect | New | 0.01% | +0.01 |
| BB Blackberry Ltd. | New | 0.01% | +0.01 |
| SWZ Total Return Securities Fund | New | 0.01% | +0.01 |
| KBE SS SPDR S&P Bank ETF | New | 0.01% | +0.01 |
| MRK Merck & Co. Inc. | Add +2.0% | 0.05% | +0.01 |
| IVW iShares S&P 500 Growth ETF | New | 0.01% | +0.01 |
| IGV iShares Expanded Tech-Softwa | New | 0.01% | +0.01 |
| SUB iShares Short-Term National | New | 0.01% | +0.01 |
| NOK Nokia Corp.-Spon ADR | New | 0.01% | +0.01 |
| IXN iShares Global Tech ETF | New | 0.01% | +0.01 |
| IJR iShares Core S&P Small-Cap E | New | 0.01% | +0.01 |
| SDY SS SPDR S&P Dividend ETF | New | 0.01% | +0.01 |
| ITOT iShares Core S&P Total U.S. | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 266 | $929.3M | AAPL, NVDA, COST, AMAT, GOOG |
| Q1 2026 | 249 | $816.1M | AAPL, NVDA, COST, WMT, GOOG |
| Q4 2025 | 261 | $850.4M | AAPL, NVDA, COST, GOOG, WMT |
| Q3 2025 | 196 | $820.9M | AAPL, NVDA, COST, WMT, GOOG |
| Q2 2025 | 246 | $752.3M | AAPL, NVDA, COST, WMT, MSFT |
| Q1 2025 | 244 | $670.6M | AAPL, NVDA, COST, WMT, AMZN |
| Q4 2024 | 246 | $663.8M | AAPL, NVDA, COST, WMT, AMZN |
| Q3 2024 | 227 | $696.8M | AAPL, NVDA, COST, WMT, MSFT |
| Q2 2024 | 226 | $663.8M | AAPL, NVDA, COST, MSFT, WMT |
| Q1 2024 | 218 | $579.6M | AAPL, NVDA, COST, LOW, MSFT |