Capital Investment Counsel, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Capital Investment Counsel, LLC reported 130 stock positions worth $509.7 million. Its top holding was Broadcom (AVGO) at 3.4% of the portfolio, followed by Microsoft (MSFT, 3.3%) and Apple (AAPL, 3.0%). Compared with Q1 2024, it opened 11 new positions, sold out of 12, added to 81 and reduced 32. The biggest buy was Exxon Mobil (XOM, shares +2530%) and the biggest sale an exit from Cisco Systems (CSCO).

Most Recent 13F
Q2 2026
Location
DENVER, CO
CIK
0002033609
Portfolio Value
$509.7M (Q2 2024)
SEC Filing
0001221073-24-000072 ↗ filed Aug 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $466.5M Q1 2024 Q2 2024: $509.7M $509.7M Q2 2024 Q3 2024: $577.7M Q3 2024 Q4 2024: $599.1M Q4 2024 Q1 2025: $604.3M Q1 2025 Q2 2025: $644.6M Q2 2025 Q3 2025: $679.2M Q3 2025 Q4 2025: $719.9M Q4 2025 Q1 2026: $729.8M Q1 2026 Q2 2026: $807.6M Q2 2026

Holdings 130 stocks · $509.7M
AVGO Broadcom Inc. 3.43% 10,875 $17.5M Add +0.6%
MSFT Microsoft Corp. 3.34% 38,097 $17.0M Add +2.1%
AAPL Apple Inc. 2.99% 72,343 $15.2M Add +6.2%
COST Costco Wholesale Corp. 2.35% 14,108 $12.0M Add +9.8%
IJH iShares Core S&P Midcap ETF 2.30% 200,285 $11.7M Add +8.6%
GOOGL Alphabet Inc. Class A 2.28% 63,889 $11.6M Add +5.5%
SOXX iShares Semiconductor ETF 2.20% 45,546 $11.2M Add +3.1%
CVX Chevron Corp. 2.19% 71,331 $11.2M Add +7.3%
TAP Molson Coors Beverage Co. Class B 2.14% 214,793 $10.9M No change
TRI Thomson Reuters Corp. 2.07% 62,489 $10.5M Add +6.2%
ARES Ares Management Corp. Class A 1.82% 69,708 $9.3M Add +4.8%
PWB Invesco Large Cap Growth ETF 1.80% 97,219 $9.2M Add +14.8%
QQQ Invesco QQQ Trust Series 1 1.79% 19,054 $9.1M Add +9.1%
SCHA Schwab US Small-Cap ETF 1.75% 188,066 $8.9M Add +5.6%
ABBV Abbvie Inc. 1.74% 51,602 $8.9M Add +4.8%
SCHF Schwab Intl Equity ETF 1.65% 219,064 $8.4M Add +6.3%
IGSB iShares 1-5Y Inv Grade Corp. 1.61% 160,188 $8.2M Reduce -5.5%
AMZN Amazon.com Inc. 1.49% 39,198 $7.6M Add +470.1%
CAT Caterpillar Inc. 1.48% 22,721 $7.6M Add +5.6%
NOC Northrop Grumman Corp. 1.47% 17,190 $7.5M Add +6.7%
JPM JPMorgan Chase & Co. 1.46% 36,760 $7.4M Add +3.3%
WMT Walmart Inc. 1.37% 102,828 $7.0M Add +5.2%
DLR Digital Realty Trust Inc. 1.36% 45,548 $6.9M Add +5.2%
XOM Exxon Mobil Corp. 1.35% 59,831 $6.9M Add +2529.9%
PEY Invesco High Yield Equity Di 1.35% 349,305 $6.9M Add +10.9%
LAMR Lamar Advertising Co. Class A 1.33% 56,913 $6.8M Add +5.5%
UNH Unitedhealth Group Inc. 1.32% 13,178 $6.7M Add +13.5%
MRK Merck & Co. Inc. 1.29% 53,175 $6.6M Add +5.3%
ROP Roper Technologies Inc. 1.27% 11,494 $6.5M Add +9.8%
DGRO iShares Core Dividend Growth 1.24% 109,899 $6.3M Add +10.6%
DHI D.R. Horton Inc. 1.21% 43,897 $6.2M Add +6.7%
IQLT iShares MSCI International Q 1.17% 152,800 $6.0M New
HD Home Depot Inc. 1.16% 17,238 $5.9M Add +9.1%
VPL Vanguard Ftse Pacific ETF 1.15% 79,165 $5.9M Add +4.9%
DON Wisdomtree US Midcap Dividen 1.15% 124,932 $5.8M Add +5.9%
UNP Union Pacific Corp. 1.14% 25,751 $5.8M Add +7.3%
DE Deere & Co. 1.12% 15,303 $5.7M Add +8.0%
TXN Texas Instruments Inc. 1.12% 29,383 $5.7M Add +7.0%
SO The Southern Co. 1.11% 73,084 $5.7M Add +3.8%
GIS General Mills Inc. 1.10% 88,487 $5.6M Add +8.1%
MA Mastercard Inc. Class A 1.09% 12,548 $5.5M Add +5.8%
AMGN Amgen Inc. 1.08% 17,570 $5.5M Add +6.7%
PEP Pepsico Inc. 1.07% 33,043 $5.4M Add +12.7%
EMR Emerson Electric Co. 1.00% 46,081 $5.1M Add +7.1%
EOG EOG Resources Inc. 0.96% 39,052 $4.9M Add +10.9%
ACN Accenture PLC Class A 0.96% 16,118 $4.9M Add +11.5%
ORLY O'reilly Automotive Inc. 0.95% 4,575 $4.8M Add +14.1%
BSCV Invesco Bulletshares 2031 CB 0.95% 302,755 $4.8M Add +645.4%
SDOG Alps Sector Dividend Dogs 0.94% 90,487 $4.8M Add +9.6%
SPGI S&P Global Inc. 0.91% 10,398 $4.6M Add +5.6%
VTI VG Morningstar TS MKT ETF-US 0.88% 16,700 $4.5M Add +18.6%
PAYX Paychex Inc. 0.86% 37,152 $4.4M Add +10.2%
GOVT iShares US Treasury Bond ETF 0.85% 191,949 $4.3M Reduce -3.6%
UL Unilever PLC 0.85% 78,672 $4.3M Add +4.5%
BSCT Invesco Bulletshares 2029 CB 0.84% 237,008 $4.3M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.83% 24,531 $4.2M New
WAT Waters Corp. 0.83% 14,592 $4.2M Reduce -2.6%
ING ING Groep N.V.-Sponsored ADR 0.80% 236,463 $4.1M New
FNF Fidelity National Financial 0.74% 76,280 $3.8M Add +5.5%
GILD Gilead Sciences Inc. 0.73% 54,354 $3.7M Add +2.8%
VGSH Vanguard Short-Term Treasury 0.71% 62,651 $3.6M Reduce -6.0%
PEG Public Service Enterprise GP 0.67% 46,359 $3.4M New
SPMB SS SPDR P Mort Back Bond ETF 0.66% 156,384 $3.4M Reduce -2.3%
BRK.B Berkshire Hathaway Inc. Class B 0.63% 7,912 $3.2M Add +290.5%
SNY Sanofi-ADR 0.60% 63,019 $3.1M Add +8.2%
SCHD Schwab US DVD Equity ETF 0.59% 38,654 $3.0M Add +5.8%
IVV iShares Core S&P 500 ETF 0.58% 5,358 $2.9M Reduce -7.7%
XLK SS Technology Select Sector 0.57% 12,892 $2.9M Add +42.6%
LLY Eli Lilly & Co. 0.52% 2,912 $2.6M Reduce -0.5%
IEFA iShares Core MSCI Eafe ETF 0.50% 35,019 $2.5M Add +8.5%
IEI iShares 3-7 Year Treasury Bo 0.49% 21,539 $2.5M Reduce -5.8%
VOO Vanguard S&P 500 ETF 0.45% 4,560 $2.3M Add +5.8%
FTSM First Trust Enh Short Mat FD 0.44% 37,886 $2.3M Add +4.1%
ABT Abbott Laboratories 0.43% 21,182 $2.2M Reduce -30.7%
HYDB iShares High Yield Systemati 0.41% 45,001 $2.1M New
ETN Eaton Corp. PLC 0.40% 6,557 $2.1M Add +0.6%
LMT Lockheed Martin Corp. 0.32% 3,531 $1.6M Add +2.5%
LMBS First Trust Low Duration Opp 0.31% 32,848 $1.6M Reduce -12.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.29% 2,751 $1.5M Add +3.2%
BSV Vanguard Short-Term Bond ETF 0.28% 18,762 $1.4M Reduce -21.1%
IWP iShares Russell Mid-Cap Grow 0.26% 12,056 $1.3M Add +22.5%
XLI SS Industrial Select Sector 0.22% 9,184 $1.1M Add +75.5%
XLF SS Financial Select Sector 0.22% 27,152 $1.1M Add +46.5%
SUSA iShares ESG Optimized MSCI U 0.21% 9,560 $1.1M No change
NVDA Nvidia Corp. 0.21% 8,585 $1.1M Add +9.6%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.19% 21,785 $985K Reduce -7.8%
OEF iShares S&P 100 ETF 0.19% 3,670 $970K Add +63.1%
FDN First Trust DJ Internet Ind 0.19% 4,670 $957K Add +0.4%
WM Waste Management Inc. 0.18% 4,384 $935K No change
FTSL First Trust Senior Loan ETF 0.18% 20,260 $926K Reduce -3.5%
XLY SS Consumer Disc Select Sect 0.17% 4,689 $855K Add +64.7%
SCHX Schwab US Large-Cap ETF 0.16% 12,421 $798K Reduce -1.7%
IGIB iShares 5-10Y Inv Grade Corp. 0.15% 14,898 $764K Add +21.5%
XLC SS Comm Select Sector SPDR 0.14% 8,594 $736K Add +24.9%
GOOG Alphabet Inc. Class C 0.14% 4,000 $734K Add +14.3%
BIV Vanguard Intermediate-Term B 0.13% 8,692 $651K Reduce -6.4%
XLE SS Energy Select Sector 0.12% 6,886 $628K Add +11.1%
MBB iShares MBS ETF 0.12% 6,731 $618K Reduce -12.0%
IVW iShares S&P 500 Growth ETF 0.12% 6,409 $593K Reduce -3.2%
XLV SS Health Care Select Sector 0.11% 3,861 $563K Reduce -34.8%
BSMV Invesco Bulletshares 2031 MB 0.10% 25,466 $534K No change
ESGE iShares Inc. iShares ESG Awar 0.10% 15,656 $525K Add +19.5%
PG The Procter & Gamble Co. 0.10% 3,002 $495K Add +78.8%
DES Wisdomtree US Smallcap Divid 0.10% 15,587 $486K Reduce -93.9%
DBEF Xtrackers MSCI Eafe Hedged E 0.08% 10,257 $425K Reduce -9.2%
AFL Aflac Inc. 0.08% 4,711 $421K Add +2.9%
V Visa Inc. Class A 0.08% 1,477 $388K Add +13.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.08% 2,403 $385K Reduce -21.0%
SHM SS SPDR N Ice St Muni ETF 0.08% 8,154 $385K Reduce -22.9%
IJR iShares Core S&P Small-Cap E 0.07% 3,445 $367K Reduce -5.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.07% 939 $351K Reduce -25.8%
FNDC Schwab Fndmnt Intl SM Eq ETF 0.07% 9,885 $344K Add +40.2%
IEMG iShares Core MSCI Emerging 0.06% 6,177 $331K Reduce -4.7%
JNK SS SPDR BB High Yield Bond 0.06% 3,389 $319K Reduce -3.0%
PGR Progressive Corp. 0.06% 1,522 $316K New
INTU Intuit Inc. 0.06% 480 $315K No change
TFLO iShares Treasury Floating Ra 0.06% 6,191 $314K Reduce -7.5%
SPEM State Street SP PTF Em ETF 0.06% 8,096 $305K New
HEFA Isha Curr Hedged MSCI Eafe 0.06% 8,281 $294K Add +4.3%
DVY iShares Select Dividend ETF 0.05% 2,197 $266K Add +18.7%
VNQ Vanguard Real Estate ETF 0.05% 3,087 $259K Reduce -2.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 2,541 $252K New
XLB SS Materials Select Sector 0.05% 2,826 $250K Add +11.9%
IWF iShares Russell 1000 Growth 0.05% 669 $244K Reduce -13.7%
QUAL iShares MSCI USA Quality Fac 0.05% 1,411 $241K Reduce -9.0%
META Meta Platforms Inc. Class A 0.05% 477 $241K New
HCA HCA Healthcare Inc. 0.05% 728 $234K No change
TLT iShares 20+ Year Treasury BD 0.04% 2,454 $225K Reduce -7.8%
ADBE Adobe Inc. 0.04% 374 $208K Reduce -13.8%
VTN Invesco TR for Invest GRD NY 0.04% 16,000 $180K New

Portfolio Sells Q1 2024 → Q2 2024
CSCO Cisco Systems Inc. Sold out 0.00% −1.83
DES Wisdomtree US Smallcap Divid Reduce -93.9% 0.10% −1.69
PXD Pioneer Natural Resources Co. Sold out 0.00% −1.29
CCI Crown Castle Inc. Sold out 0.00% −0.48
GSK GSK PLC-Spon ADR Sold out 0.00% −0.40
ABT Abbott Laboratories Reduce -30.7% 0.43% −0.31
WAT Waters Corp. Reduce -2.6% 0.83% −0.27
IGSB iShares 1-5Y Inv Grade Corp. Reduce -5.5% 1.61% −0.25
GOVT iShares US Treasury Bond ETF Reduce -3.6% 0.85% −0.12
VGSH Vanguard Short-Term Treasury Reduce -6.0% 0.71% −0.12
BSV Vanguard Short-Term Bond ETF Reduce -21.1% 0.28% −0.11
SPMB SS SPDR P Mort Back Bond ETF Reduce -2.3% 0.66% −0.08
IEI iShares 3-7 Year Treasury Bo Reduce -5.8% 0.49% −0.08
IVV iShares Core S&P 500 ETF Reduce -7.7% 0.58% −0.08
LMBS First Trust Low Duration Opp Reduce -12.5% 0.31% −0.08
XLV SS Health Care Select Sector Reduce -34.8% 0.11% −0.08
CP Canadian Pacific Kansas City Sold out 0.00% −0.07
DRI Darden Restaurants Inc. Sold out 0.00% −0.06
SHY iShares 1-3 Year Treasury Bo Sold out 0.00% −0.05
MUB iShares National Muni Bond E Sold out 0.00% −0.05
EFV iShares MSCI Eafe Value ETF Sold out 0.00% −0.05
IJT iShares S&P Small-Cap 600 GR Sold out 0.00% −0.05
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -7.8% 0.19% −0.04
SHM SS SPDR N Ice St Muni ETF Reduce -22.9% 0.08% −0.03
VTV Vanguard Mrngstr Val ETF-Aui Reduce -21.0% 0.08% −0.03
MBB iShares MBS ETF Reduce -12.0% 0.12% −0.03
FTSL First Trust Senior Loan ETF Reduce -3.5% 0.18% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Reduce -25.8% 0.07% −0.02
BIV Vanguard Intermediate-Term B Reduce -6.4% 0.13% −0.02
PMM Franklin Managed Municipal I Sold out 0.00% −0.02
XMHIX Pioneer Muni High Inc. TR Sold out 0.00% −0.02
DBEF Xtrackers MSCI Eafe Hedged E Reduce -9.2% 0.08% −0.02
IJR iShares Core S&P Small-Cap E Reduce -5.8% 0.07% −0.01
SCHX Schwab US Large-Cap ETF Reduce -1.7% 0.16% −0.01
TFLO iShares Treasury Floating Ra Reduce -7.5% 0.06% −0.01
TLT iShares 20+ Year Treasury BD Reduce -7.8% 0.04% −0.01
JNK SS SPDR BB High Yield Bond Reduce -3.0% 0.06% −0.01
IWF iShares Russell 1000 Growth Reduce -13.7% 0.05% −0.01
VNQ Vanguard Real Estate ETF Reduce -2.5% 0.05% −0.01
QUAL iShares MSCI USA Quality Fac Reduce -9.0% 0.05% −0.01
IEMG iShares Core MSCI Emerging Reduce -4.7% 0.06% −0.01
ADBE Adobe Inc. Reduce -13.8% 0.04% −0.01
IVW iShares S&P 500 Growth ETF Reduce -3.2% 0.12% −0.00
LLY Eli Lilly & Co. Reduce -0.5% 0.52% +0.03

Portfolio Buys Q1 2024 → Q2 2024
XOM Exxon Mobil Corp. Add +2529.9% 1.35% +1.29
AMZN Amazon.com Inc. Add +470.1% 1.49% +1.22
IQLT iShares MSCI International Q New 1.17% +1.17
BSCT Invesco Bulletshares 2029 CB New 0.84% +0.84
IBM Intl Business Machines Corp. New 0.83% +0.83
BSCV Invesco Bulletshares 2031 CB Add +645.4% 0.95% +0.81
ING ING Groep N.V.-Sponsored ADR New 0.80% +0.80
PEG Public Service Enterprise GP New 0.67% +0.67
AAPL Apple Inc. Add +6.2% 2.99% +0.49
BRK.B Berkshire Hathaway Inc. Class B Add +290.5% 0.63% +0.45
HYDB iShares High Yield Systemati New 0.41% +0.41
AVGO Broadcom Inc. Add +0.6% 3.43% +0.35
COST Costco Wholesale Corp. Add +9.8% 2.35% +0.34
GOOGL Alphabet Inc. Class A Add +5.5% 2.28% +0.32
PWB Invesco Large Cap Growth ETF Add +14.8% 1.80% +0.18
XLK SS Technology Select Sector Add +42.6% 0.57% +0.17
QQQ Invesco QQQ Trust Series 1 Add +9.1% 1.79% +0.13
WMT Walmart Inc. Add +5.2% 1.37% +0.11
TRI Thomson Reuters Corp. Add +6.2% 2.07% +0.10
TXN Texas Instruments Inc. Add +7.0% 1.12% +0.10
VTI VG Morningstar TS MKT ETF-US Add +18.6% 0.88% +0.09
UNH Unitedhealth Group Inc. Add +13.5% 1.32% +0.09
XLI SS Industrial Select Sector Add +75.5% 0.22% +0.08
AMGN Amgen Inc. Add +6.7% 1.08% +0.07
OEF iShares S&P 100 ETF Add +63.1% 0.19% +0.07
SOXX iShares Semiconductor ETF Add +3.1% 2.20% +0.06
PGR Progressive Corp. New 0.06% +0.06
SPEM State Street SP PTF Em ETF New 0.06% +0.06
NVDA Nvidia Corp. Add +9.6% 0.21% +0.06
XLY SS Consumer Disc Select Sect Add +64.7% 0.17% +0.06
XLF SS Financial Select Sector Add +46.5% 0.22% +0.05
DIS The Walt Disney Co. New 0.05% +0.05
META Meta Platforms Inc. Class A New 0.05% +0.05
PG The Procter & Gamble Co. Add +78.8% 0.10% +0.04
UL Unilever PLC Add +4.5% 0.85% +0.04
VTN Invesco TR for Invest GRD NY New 0.04% +0.04
GOOG Alphabet Inc. Class C Add +14.3% 0.14% +0.03
SO The Southern Co. Add +3.8% 1.11% +0.03
XLC SS Comm Select Sector SPDR Add +24.9% 0.14% +0.02
DLR Digital Realty Trust Inc. Add +5.2% 1.36% +0.02
IWP iShares Russell Mid-Cap Grow Add +22.5% 0.26% +0.02
IGIB iShares 5-10Y Inv Grade Corp. Add +21.5% 0.15% +0.01
FNDC Schwab Fndmnt Intl SM Eq ETF Add +40.2% 0.07% +0.01
ESGE iShares Inc. iShares ESG Awar Add +19.5% 0.10% +0.01
ROP Roper Technologies Inc. Add +9.8% 1.27% +0.01
SPGI S&P Global Inc. Add +5.6% 0.91% +0.01
DGRO iShares Core Dividend Growth Add +10.6% 1.24% +0.01
DVY iShares Select Dividend ETF Add +18.7% 0.05% +0.00
VOO Vanguard S&P 500 ETF Add +5.8% 0.45% +0.00
EOG EOG Resources Inc. Add +10.9% 0.96% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 152$807.6MSOXX, XFIV, BSCV, BSCU, HYDB
Q1 2026 143$729.8MBSCV, HYDB, FTSL, XFIV, BSCU
Q4 2025 138$719.9MBSCV, FTSL, AVGO, HYDB, BSCT
Q3 2025 134$679.2MAVGO, BSCV, BSCT, FTSL, MSFT
Q2 2025 127$644.6MAVGO, BSCV, BSCT, MSFT, FTSL
Q1 2025 120$604.3MBSCT, BSCV, AAPL, AVGO, FTSL
Q4 2024 118$599.1MAVGO, BSCV, BSCT, AAPL, MSFT
Q3 2024 125$577.7MAVGO, AAPL, MSFT, BSCV, BSCT
Q2 2024 130$509.7MAVGO, MSFT, AAPL, COST, IJH
Q1 2024 131$466.5MMSFT, TAP, AVGO, AAPL, IJH