Capital Investment Counsel, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 23, 2026), Capital Investment Counsel, LLC reported 143 stock positions worth $729.8 million. Its top holding was Invesco Bulletshares 2031 CB (BSCV) at 3.0% of the portfolio, followed by iShares High Yield Systemati (HYDB, 2.7%) and First Trust Senior Loan ETF (FTSL, 2.7%). Compared with Q4 2025, it opened 14 new positions, sold out of 9, added to 65 and reduced 54. The biggest buy was SS Health Care Select Sector (XLV, shares +453%) and the biggest sale an exit from Vngrd Mrngstr MC GRW ETF-Usd (VOT).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0002033609
- Portfolio Value
- $729.8M (Q1 2026)
- SEC Filing
- 0002033609-26-000003 ↗ filed Apr 23, 2026
Holdings Value
Holdings 143 stocks · $729.8M
| BSCV Invesco Bulletshares 2031 CB | 2.96% | 1,310,877 | $21.6M | Add +1.9% |
| HYDB iShares High Yield Systemati | 2.73% | 428,189 | $19.9M | Add +3.2% |
| FTSL First Trust Senior Loan ETF | 2.72% | 443,345 | $19.9M | Reduce -1.1% |
| XFIV Bondbloxx BBG 5 YR US Treas | 2.71% | 403,041 | $19.8M | Add +35.4% |
| BSCU Invesco Bulletshares 2030 CB | 2.68% | 1,168,992 | $19.5M | Add +12.6% |
| BSCT Invesco Bulletshares 2029 CB | 2.46% | 961,430 | $17.9M | Reduce -5.8% |
| AAPL Apple Inc. | 2.28% | 65,465 | $16.6M | Reduce -2.1% |
| AVGO Broadcom Inc. | 2.22% | 52,386 | $16.2M | Reduce -11.8% |
| GOOGL Alphabet Inc. Class A | 2.18% | 55,394 | $15.9M | Reduce -4.7% |
| CVX Chevron Corp. | 2.14% | 75,518 | $15.6M | Reduce -1.9% |
| BSCW Invesco Bulletshares 2032 CB | 2.04% | 722,194 | $14.9M | Add +18.6% |
| CAT Caterpillar Inc. | 1.98% | 20,359 | $14.4M | Reduce -5.5% |
| IJH iShares Core S&P Midcap ETF | 1.85% | 200,261 | $13.5M | Reduce -0.8% |
| MSFT Microsoft Corp. | 1.79% | 35,361 | $13.1M | Reduce -0.5% |
| COST Costco Wholesale Corp. | 1.76% | 12,926 | $12.9M | Reduce -1.4% |
| SOXX iShares Semiconductor ETF | 1.76% | 39,098 | $12.8M | Reduce -4.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.59% | 20,052 | $11.6M | Reduce -0.7% |
| PWB Invesco Large Cap Growth ETF | 1.57% | 90,881 | $11.4M | Reduce -1.5% |
| NOC Northrop Grumman Corp. | 1.51% | 16,139 | $11.0M | Reduce -0.7% |
| WMT Walmart Inc. | 1.46% | 85,760 | $10.7M | Reduce -0.7% |
| SCHF Schwab Intl Equity ETF | 1.45% | 428,888 | $10.6M | Add +3.3% |
| ABBV Abbvie Inc. | 1.45% | 48,764 | $10.6M | Add +1.6% |
| XOM Exxon Mobil Corp. | 1.42% | 61,246 | $10.4M | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 1.37% | 33,992 | $10.0M | Add +0.2% |
| DGRO iShares Core Dividend Growth | 1.36% | 141,580 | $9.9M | Reduce -0.8% |
| WCMI FT WCM International ETF | 1.34% | 585,179 | $9.8M | Add +5.0% |
| SCIO FT Struct Credit Inc. Opp ETF | 1.29% | 455,240 | $9.4M | Add +305.8% |
| XLV SS Health Care Select Sector | 1.21% | 59,995 | $8.8M | Add +453.5% |
| DE Deere & Co. | 1.20% | 15,514 | $8.7M | Reduce -2.0% |
| EPI Wisdomtree India Earnings | 1.16% | 207,881 | $8.5M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 1.16% | 40,610 | $8.5M | Add +2.8% |
| IQLT iShares MSCI International Q | 1.13% | 178,297 | $8.2M | Add +0.5% |
| LAMR Lamar Advertising Co. Class A | 1.07% | 61,607 | $7.8M | Add +2.5% |
| DLR Digital Realty Trust Inc. | 1.07% | 43,211 | $7.8M | Add +3.1% |
| VTI VG Morningstar TS MKT ETF-US | 1.07% | 24,259 | $7.8M | Reduce -0.2% |
| SDVY First Trust Smid Cap Rising | 1.06% | 197,043 | $7.8M | Reduce -3.5% |
| DON Wisdomtree US Midcap Dividen | 1.05% | 145,594 | $7.6M | Add +3.5% |
| VPL Vanguard Ftse Pacific ETF | 1.02% | 75,934 | $7.4M | Reduce -1.2% |
| ING ING Groep N.V.-Sponsored ADR | 1.01% | 282,526 | $7.4M | Add +3.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.97% | 135,179 | $7.1M | Reduce -0.6% |
| AMGN Amgen Inc. | 0.95% | 19,702 | $6.9M | Add +3.4% |
| MA Mastercard Inc. Class A | 0.95% | 13,821 | $6.9M | Reduce -4.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.95% | 28,472 | $6.9M | Add +4.7% |
| ARES Ares Management Corp. Class A | 0.94% | 62,660 | $6.8M | Add +7.8% |
| GILD Gilead Sciences Inc. | 0.93% | 48,904 | $6.8M | Reduce -0.0% |
| ORLY O'reilly Automotive Inc. | 0.92% | 72,420 | $6.7M | Add +1.1% |
| EMR Emerson Electric Co. | 0.91% | 50,882 | $6.7M | Add +1.8% |
| MS Morgan Stanley | 0.89% | 39,314 | $6.5M | Add +4.7% |
| SPGI S&P Global Inc. | 0.88% | 15,075 | $6.4M | Add +2.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.87% | 70,091 | $6.3M | Add +0.6% |
| XLK SS Technology Select Sector | 0.85% | 46,935 | $6.2M | Add +5.7% |
| DHI D.R. Horton Inc. | 0.84% | 44,942 | $6.2M | Add +0.6% |
| DUK Duke Energy Corp. | 0.84% | 47,089 | $6.2M | New |
| SDOG Alps Sector Dividend Dogs | 0.83% | 92,838 | $6.0M | Add +3.4% |
| SO The Southern Co. | 0.82% | 61,772 | $6.0M | Add +1.9% |
| META Meta Platforms Inc. Class A | 0.80% | 10,201 | $5.8M | Add +2.4% |
| DRI Darden Restaurants Inc. | 0.76% | 28,456 | $5.6M | Add +5.0% |
| HD Home Depot Inc. | 0.76% | 16,860 | $5.5M | Add +0.7% |
| PEP Pepsico Inc. | 0.76% | 35,499 | $5.5M | Add +1.9% |
| PEG Public Service Enterprise GP | 0.75% | 67,463 | $5.5M | Add +4.5% |
| GOVT iShares US Treasury Bond ETF | 0.67% | 214,352 | $4.9M | Reduce -0.1% |
| SPMO Invesco S&P 500 Momentum ETF | 0.66% | 43,228 | $4.8M | Add +2.3% |
| TAP Molson Coors Beverage Co. Class B | 0.59% | 99,567 | $4.3M | No change |
| WAT Waters Corp. | 0.58% | 14,199 | $4.2M | Add +0.3% |
| VGSH Vanguard Short-Term Treasury | 0.58% | 71,749 | $4.2M | Add +1.1% |
| CNQ Canadian Natural Resources | 0.56% | 84,392 | $4.1M | New |
| CFG Citizens Financial Group | 0.56% | 68,270 | $4.1M | Add +4.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 7,925 | $3.8M | Add +1.9% |
| WMS Advanced Drainage Systems Inc. | 0.52% | 27,661 | $3.8M | New |
| UL Unilever PLC-Sponsored ADR | 0.51% | 65,903 | $3.8M | Add +1.6% |
| EQH Equitable Holdings Inc. | 0.51% | 99,460 | $3.7M | Reduce -0.9% |
| OEF iShares S&P 100 ETF | 0.49% | 11,302 | $3.6M | Add +1.9% |
| FNF Fidelity National Financial | 0.48% | 75,003 | $3.5M | Add +2.3% |
| DIVI Franklin International Core | 0.43% | 79,752 | $3.2M | New |
| SAMT Strategas Macro Them Opps | 0.43% | 79,960 | $3.1M | New |
| IVV iShares Core S&P 500 ETF | 0.43% | 4,803 | $3.1M | Add +44.0% |
| XLI SS Industrial Select Sector | 0.43% | 19,261 | $3.1M | Add +19.1% |
| PSA Public Storage | 0.40% | 10,816 | $2.9M | Add +3.6% |
| XLF SS Financial Select Sector | 0.40% | 58,936 | $2.9M | Add +11.2% |
| UPS United Parcel Service Class B | 0.39% | 28,873 | $2.8M | New |
| LLY Eli Lilly & Co. | 0.37% | 2,939 | $2.7M | Reduce -6.1% |
| XSMO Invesco S&P Smallcap Momentu | 0.33% | 31,803 | $2.4M | Add +2.0% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.31% | 42,552 | $2.3M | Add +7.0% |
| XLY SS Consumer Disc Select Sect | 0.28% | 18,800 | $2.0M | Add +8.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 4,472 | $2.0M | Reduce -1.1% |
| XLE SS Energy Select Sector | 0.26% | 31,513 | $1.9M | New |
| NVDA Nvidia Corp. | 0.26% | 10,973 | $1.9M | Reduce -11.2% |
| GOOG Alphabet Inc. Class C | 0.23% | 5,916 | $1.7M | Reduce -10.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 2,564 | $1.7M | Reduce -5.5% |
| IWF iShares Russell 1000 Growth | 0.21% | 3,607 | $1.5M | Add +6.3% |
| MDY State Street SPDR S&P Midcap | 0.20% | 2,379 | $1.5M | Add +6.8% |
| ETN Eaton Corp. PLC | 0.17% | 3,394 | $1.2M | Reduce -7.0% |
| LMT Lockheed Martin Corp. | 0.15% | 1,831 | $1.1M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.13% | 4,794 | $941K | Reduce -13.5% |
| QUAL iShares MSCI USA Quality Fac | 0.12% | 4,540 | $871K | Reduce -25.3% |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 3,916 | $842K | Add +85.9% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.11% | 2,255 | $829K | Reduce -25.0% |
| XTRE Bondbloxx BBG 3Y US TSY ETF | 0.11% | 16,456 | $815K | New |
| FITB Fifth Third Bancorp | 0.11% | 17,201 | $799K | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.11% | 6,683 | $793K | Reduce -22.4% |
Options reported separately and not counted above: SPY calls ($266), TSLA calls ($123), NVDA calls ($113), QQQ calls ($48).
Portfolio Sells Q4 2025 → Q1 2026
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Sold out | 0.00% | −0.96 |
| TRI Thomson Reuters Corp. | Sold out | 0.00% | −0.86 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.80 |
| AVGO Broadcom Inc. | Reduce -11.8% | 2.22% | −0.63 |
| MSFT Microsoft Corp. | Reduce -0.5% | 1.79% | −0.59 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.56 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.52 |
| IWP iShares Russell Mid-Cap Grow | Reduce -89.4% | 0.04% | −0.40 |
| GOOGL Alphabet Inc. Class A | Reduce -4.7% | 2.18% | −0.34 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.26 |
| AAPL Apple Inc. | Reduce -2.1% | 2.28% | −0.25 |
| BSCT Invesco Bulletshares 2029 CB | Reduce -5.8% | 2.46% | −0.21 |
| MA Mastercard Inc. Class A | Reduce -4.4% | 0.95% | −0.20 |
| EPI Wisdomtree India Earnings | Reduce -1.3% | 1.16% | −0.19 |
| EQH Equitable Holdings Inc. | Reduce -0.9% | 0.51% | −0.16 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -65.7% | 0.09% | −0.15 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.7% | 1.59% | −0.14 |
| FTSL First Trust Senior Loan ETF | Reduce -1.1% | 2.72% | −0.13 |
| LLY Eli Lilly & Co. | Reduce -6.1% | 0.37% | −0.10 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.2% | 1.07% | −0.07 |
| PWB Invesco Large Cap Growth ETF | Reduce -1.5% | 1.57% | −0.06 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -25.0% | 0.11% | −0.06 |
| FDN First Trust DJ Internet Ind | Reduce -26.0% | 0.10% | −0.06 |
| NVDA Nvidia Corp. | Reduce -11.2% | 0.26% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -10.6% | 0.23% | −0.06 |
| QUAL iShares MSCI USA Quality Fac | Reduce -25.3% | 0.12% | −0.05 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.04 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.1% | 0.27% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -22.4% | 0.11% | −0.03 |
| MICC The Magnum Ice Cream Co. NV | Sold out | 0.00% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.5% | 0.23% | −0.03 |
| V Visa Inc. Class A | Reduce -25.7% | 0.05% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -0.6% | 0.97% | −0.02 |
| SCHD Schwab US DVD Equity ETF | Reduce -37.5% | 0.05% | −0.02 |
| SDVY First Trust Smid Cap Rising | Reduce -3.5% | 1.06% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -13.5% | 0.13% | −0.02 |
| DGRO iShares Core Dividend Growth | Reduce -0.8% | 1.36% | −0.02 |
| TSLA Tesla Inc. | Reduce -0.6% | 0.06% | −0.01 |
| GOVT iShares US Treasury Bond ETF | Reduce -0.1% | 0.67% | −0.01 |
| SPMB SS SPDR P Mort Back Bond ETF | Reduce -7.6% | 0.10% | −0.01 |
| BAC Bank of America Corp. | Reduce -3.9% | 0.04% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -14.0% | 0.05% | −0.01 |
| IWV iShares Russell 3000 ETF | Reduce -9.3% | 0.04% | −0.01 |
| FTSM First Trust Enh Short Mat FD | Reduce -7.8% | 0.06% | −0.01 |
| UNP Union Pacific Corp. | Reduce -14.8% | 0.04% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.7% | 0.04% | −0.00 |
| IEF iShares 7-10 Year Treasury B | Reduce -4.7% | 0.03% | −0.00 |
| IXUS iShares Core Intl Stock ETF | Reduce -2.8% | 0.04% | −0.00 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.06% | +0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| XLV SS Health Care Select Sector | Add +453.5% | 1.21% | +0.97 |
| SCIO FT Struct Credit Inc. Opp ETF | Add +305.8% | 1.29% | +0.96 |
| DUK Duke Energy Corp. | New | 0.84% | +0.84 |
| XFIV Bondbloxx BBG 5 YR US Treas | Add +35.4% | 2.71% | +0.67 |
| CNQ Canadian Natural Resources | New | 0.56% | +0.56 |
| WMS Advanced Drainage Systems Inc. | New | 0.52% | +0.52 |
| DIVI Franklin International Core | New | 0.43% | +0.43 |
| SAMT Strategas Macro Them Opps | New | 0.43% | +0.43 |
| UPS United Parcel Service Class B | New | 0.39% | +0.39 |
| BSCW Invesco Bulletshares 2032 CB | Add +18.6% | 2.04% | +0.27 |
| XLE SS Energy Select Sector | New | 0.26% | +0.26 |
| BSCU Invesco Bulletshares 2030 CB | Add +12.6% | 2.68% | +0.24 |
| DLR Digital Realty Trust Inc. | Add +3.1% | 1.07% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +44.0% | 0.43% | +0.11 |
| XTRE Bondbloxx BBG 3Y US TSY ETF | New | 0.11% | +0.11 |
| AMGN Amgen Inc. | Add +3.4% | 0.95% | +0.08 |
| XLB SS Materials Select Sector | New | 0.08% | +0.08 |
| SO The Southern Co. | Add +1.9% | 0.82% | +0.08 |
| XLI SS Industrial Select Sector | Add +19.1% | 0.43% | +0.08 |
| SDOG Alps Sector Dividend Dogs | Add +3.4% | 0.83% | +0.07 |
| DRI Darden Restaurants Inc. | Add +5.0% | 0.76% | +0.07 |
| SCHF Schwab Intl Equity ETF | Add +3.3% | 1.45% | +0.07 |
| PEP Pepsico Inc. | Add +1.9% | 0.76% | +0.06 |
| VIG Vanguard Dividend Apprec ETF | Add +85.9% | 0.12% | +0.05 |
| MUB iShares National Muni Bond E | New | 0.05% | +0.05 |
| URI United Rentals Inc. | New | 0.05% | +0.05 |
| VYM Vanguard High DVD Yield ETF | New | 0.04% | +0.04 |
| DON Wisdomtree US Midcap Dividen | Add +3.5% | 1.05% | +0.04 |
| VDE Vanguard Energy ETF | New | 0.04% | +0.04 |
| PGR Progressive Corp. | Add +109.4% | 0.08% | +0.03 |
| XONE Bondbloxx BBG 1 Dur US Treas | New | 0.03% | +0.03 |
| CFG Citizens Financial Group | Add +4.5% | 0.56% | +0.03 |
| PEG Public Service Enterprise GP | Add +4.5% | 0.75% | +0.03 |
| WCMI FT WCM International ETF | Add +5.0% | 1.34% | +0.03 |
| DVY iShares Select Dividend ETF | Add +60.3% | 0.06% | +0.03 |
| PSA Public Storage | Add +3.6% | 0.40% | +0.03 |
| XSMO Invesco S&P Smallcap Momentu | Add +2.0% | 0.33% | +0.02 |
| MDY State Street SPDR S&P Midcap | Add +6.8% | 0.20% | +0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +7.0% | 0.31% | +0.01 |
| LAMR Lamar Advertising Co. Class A | Add +2.5% | 1.07% | +0.01 |
| IQLT iShares MSCI International Q | Add +0.5% | 1.13% | +0.01 |
| GLD SPDR Gold Shares | Add +12.8% | 0.05% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +1.1% | 0.92% | +0.01 |
| SHY iShares 1-3 Year Treasury Bo | Add +12.7% | 0.05% | +0.01 |
| MRK Merck & Co. Inc. | Add +1.1% | 0.03% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.6% | 0.87% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +4.5% | 0.05% | +0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +2.9% | 0.05% | +0.00 |
| RPG Invesco S&P 500 Pure Growth | Add +2.9% | 0.11% | +0.00 |
| HYDB iShares High Yield Systemati | Add +3.2% | 2.73% | +0.00 |
Options Activity Q4 2025 → Q1 2026
| AMZN Amazon.com Inc. | call | Sold out | 500 | $1Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 2,000 | $266 |
| TSLA Tesla Inc. | call | New | 1,000 | $123 |
| NVDA Nvidia Corp. | call | Add +100.0% | 2,000 | $113 |
| QQQ Invesco QQQ Trust Series 1 | call | New | 500 | $48 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 152 | $807.6M | SOXX, XFIV, BSCV, BSCU, HYDB |
| Q1 2026 | 143 | $729.8M | BSCV, HYDB, FTSL, XFIV, BSCU |
| Q4 2025 | 138 | $719.9M | BSCV, FTSL, AVGO, HYDB, BSCT |
| Q3 2025 | 134 | $679.2M | AVGO, BSCV, BSCT, FTSL, MSFT |
| Q2 2025 | 127 | $644.6M | AVGO, BSCV, BSCT, MSFT, FTSL |
| Q1 2025 | 120 | $604.3M | BSCT, BSCV, AAPL, AVGO, FTSL |
| Q4 2024 | 118 | $599.1M | AVGO, BSCV, BSCT, AAPL, MSFT |
| Q3 2024 | 125 | $577.7M | AVGO, AAPL, MSFT, BSCV, BSCT |
| Q2 2024 | 130 | $509.7M | AVGO, MSFT, AAPL, COST, IJH |
| Q1 2024 | 131 | $466.5M | MSFT, TAP, AVGO, AAPL, IJH |