Chelsea Counsel Co.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 22, 2025), Chelsea Counsel Co. reported 199 stock positions worth $183.9 million. Its top holding was Apple (AAPL) at 11.0% of the portfolio, followed by Microsoft (MSFT, 4.9%) and Costco Wholesale (COST, 4.3%). Compared with Q4 2024, it opened 11 new positions, sold out of 6, added to 14 and reduced 47. The biggest buy was Qualcomm (QCOM, shares +965%) and the biggest sale an exit from 3M (MMM).

Most Recent 13F
Q2 2026
Location
Woodland Hills, CA
CIK
0001276755
Portfolio Value
$183.9M (Q1 2025)
SEC Filing
0001420506-25-001334 ↗ filed May 22, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $176.3M Q1 2024 Q2 2024: $200.4M Q2 2024 Q3 2024: $202.9M Q3 2024 Q4 2024: $193.7M Q4 2024 Q1 2025: $183.9M $183.9M Q1 2025 Q2 2025: $201.7M Q2 2025 Q3 2025: $225.2M Q3 2025 Q4 2025: $232.8M Q4 2025 Q1 2026: $224.8M Q1 2026 Q2 2026: $236.1M Q2 2026

Holdings 199 stocks · $183.9M
AAPL Apple Inc. 11.05% 91,476 $20.3M Reduce -3.4%
MSFT Microsoft Corp. 4.87% 23,880 $9.0M Reduce -2.7%
COST Costco Wholesale Corp. 4.34% 8,440 $8.0M Reduce -3.3%
VYM Vanguard High DVD Yield ETF 4.33% 61,800 $8.0M Reduce -1.4%
GOOG Alphabet Inc. Class C 4.21% 49,590 $7.7M Reduce -3.4%
AEM Agnico Eagle Mines Ltd. 4.09% 69,436 $7.5M Reduce -0.0%
GOOGL Alphabet Inc. Class A 3.86% 45,964 $7.1M Reduce -4.1%
HON Honeywell International Inc. 3.73% 32,443 $6.9M Reduce -2.5%
XOM Exxon Mobil Corp. 3.58% 55,317 $6.6M Reduce -4.2%
CVX Chevron Corp. 3.26% 35,884 $6.0M Reduce -11.8%
PWR Quanta Services Inc. 2.58% 18,698 $4.8M Reduce -2.0%
AMGN Amgen Inc. 2.20% 13,017 $4.1M No change
JNJ Johnson & Johnson 1.97% 21,880 $3.6M No change
TMO Thermo Fisher Scientific Inc. 1.94% 7,160 $3.6M Reduce -1.5%
PG The Procter & Gamble Co. 1.88% 20,261 $3.5M Reduce -0.1%
GLW Corning Inc. 1.79% 72,121 $3.3M Reduce -0.2%
RTX RTX Corp. 1.79% 24,869 $3.3M Reduce -1.3%
ABT Abbott Laboratories 1.57% 21,811 $2.9M No change
LHX L3HARRIS Technologies Inc. 1.49% 13,064 $2.7M No change
SLV iShares Silver Trust 1.42% 84,000 $2.6M No change
AMZN Amazon.com Inc. 1.23% 11,883 $2.3M Add +9.2%
AWK American Water Works Co. Inc. 1.19% 14,830 $2.2M No change
TRP TC Energy Corp. 1.12% 43,150 $2.1M No change
GDXJ Vaneck Junior Gold Miners 1.11% 35,830 $2.0M No change
GE General Electric filed as GE AEROSPACE 1.03% 9,440 $1.9M No change
KMB Kimberly-Clark Corp. 1.01% 12,940 $1.9M Add +0.5%
HXL Hexcel Corp. 0.98% 32,760 $1.8M Reduce -3.0%
MRK Merck & Co. Inc. 0.96% 19,420 $1.8M No change
EMR Emerson Electric Co. 0.89% 14,983 $1.6M Add +5.9%
BRK.A Berkshire Hathaway Inc. Class A 0.87% 2 $1.6M Reduce -33.3%
PYPL PayPal Holdings Inc. 0.85% 24,103 $1.6M Reduce -12.8%
PPL PPL Corp. 0.75% 37,950 $1.4M No change
MPLX MPLX LP 0.73% 25,000 $1.3M Add +66.7%
MO Altria Group Inc. 0.69% 20,835 $1.3M Add +1.8%
COP Conocophillips 0.67% 11,680 $1.2M No change
BIP Brookfield Infrastructure Pa 0.63% 39,150 $1.2M No change
FLNG Flex LNG Ltd. 0.60% 47,775 $1.1M Add +0.2%
CTRA Coterra Energy Inc. 0.56% 35,902 $1.0M Reduce -47.5%
APD Air Products & Chemicals Inc. 0.52% 3,232 $953K No change
WEC WEC Energy Group Inc. 0.51% 8,672 $945K No change
NEM Newmont Corp. 0.48% 18,130 $875K Reduce -1.8%
IMO Imperial Oil Ltd. 0.47% 11,839 $862K No change
QCOM Qualcomm Inc. 0.46% 5,518 $848K Add +965.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.45% 20,000 $835K No change
SNY Sanofi-ADR 0.44% 14,710 $816K Reduce -0.8%
B Barrick Gold Corp. 0.40% 38,125 $741K Reduce -1.3%
NOC Northrop Grumman Corp. 0.39% 1,386 $710K Reduce -4.2%
POR Portland General Electric Co. 0.38% 15,300 $690K No change
ABNB Airbnb Inc. Class A 0.36% 5,526 $660K Reduce -0.7%
GD General Dynamics Corp. 0.34% 2,275 $620K No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.33% 10,100 $598K New
NFLX Netflix Inc. 0.30% 600 $560K New
MAIN Main Street Capital Corp. 0.30% 9,780 $553K No change
EOG EOG Resources Inc. 0.30% 4,290 $550K Reduce -2.3%
ASML ASML Holding NV-NY Reg SHS 0.29% 800 $530K Add +60.0%
CL Colgate-Palmolive Co. 0.28% 5,500 $515K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.28% 2,055 $511K No change
TECK Teck Resources Ltd.-CLS B 0.28% 13,975 $509K No change
KVUE Kenvue Inc. 0.27% 20,889 $501K Reduce -5.1%
LLY Eli Lilly & Co. 0.27% 605 $500K Reduce -60.5%
CCJ Cameco Corp. 0.27% 12,000 $494K No change
IBB iShares Biotechnology ETF 0.27% 3,830 $490K No change
LDOS Leidos Holdings Inc. 0.26% 3,600 $486K Reduce -60.9%
CTSH Cognizant Tech Solutions-A 0.26% 6,270 $480K New
KMI Kinder Morgan Inc. 0.26% 16,775 $479K Reduce -2.0%
BRK.B Berkshire Hathaway Inc. Class B 0.26% 889 $473K Reduce -5.3%
GLD SPDR Gold Shares 0.25% 1,600 $461K No change
PNW Pinnacle West Capital 0.25% 4,759 $453K Reduce -2.1%
WMB Williams Cos Inc. 0.24% 7,500 $448K No change
CTVA Corteva Inc. 0.23% 6,750 $425K No change
VZ Verizon Communications Inc. 0.23% 9,250 $420K Reduce -69.6%
PRME Prime Medicine Inc. 0.23% 208,210 $414K Add +11.5%
FCX Freeport-McMoran Inc. 0.22% 10,850 $411K No change
AB Alliancebernstein Holding LP 0.22% 10,500 $402K New
NVDA Nvidia Corp. 0.20% 3,470 $376K Reduce -1.3%
ET Energy Transfer LP 0.20% 20,000 $372K New
SHEL Shell PLC-ADR 0.20% 5,012 $367K No change
GSK GSK PLC-Spon ADR 0.20% 9,360 $366K Reduce -68.1%
NEE Nextera Energy Inc. 0.19% 4,920 $349K No change
FNV Franco-Nevada Corp. 0.19% 2,178 $343K No change
JPM JPMorgan Chase & Co. 0.19% 1,392 $341K No change
DUK Duke Energy Corp. 0.18% 2,701 $329K No change
LMT Lockheed Martin Corp. 0.18% 730 $326K Reduce -7.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.17% 3,109 $307K Reduce -15.5%
LRCX Lam Research Corp. 0.16% 4,000 $292K New
BA The Boeing Co. 0.16% 1,710 $292K Reduce -14.9%
JEPI JPMorgan Equity Premium Inco 0.15% 4,980 $285K No change
PSX Phillips 66 0.15% 2,285 $282K Reduce -65.3%
CACI Caci International Inc. Class A 0.15% 740 $272K New
SO The Southern Co. 0.14% 2,855 $263K Add +3.6%
XYL Xylem Inc. 0.14% 2,195 $262K No change
KO The Coca-Cola Co. 0.14% 3,450 $249K No change
EUO Proshares Ultrashort Euro 0.13% 7,640 $247K No change
AVA Avista Corp. 0.13% 5,800 $243K No change
ROK Rockwell Automation Inc. 0.13% 922 $238K No change
PEP Pepsico Inc. 0.13% 1,550 $232K No change
EBAY eBay Inc. 0.13% 3,420 $232K New
QYLD Global X Nasd 100 Cov Call 0.12% 13,800 $229K No change
PAAS Pan American Silver Corp. 0.12% 8,854 $229K No change
SOBO South Bow Corp. 0.12% 8,630 $225K No change
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.12% 3,000 $224K No change
ECL Ecolab Inc. 0.11% 780 $198K No change
OKE Oneok Inc. 0.10% 1,885 $187K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 305 $171K Reduce -1.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.09% 475 $164K No change
BIPC Brookfield Infrastructure-A 0.09% 4,350 $157K No change
CSCO Cisco Systems Inc. 0.08% 2,438 $150K No change
AVGO Broadcom Inc. 0.07% 800 $134K No change
FVRR Fiverr International Ltd. 0.07% 5,625 $133K No change
PLTR Palantir Technologies Inc. Class A 0.07% 1,530 $129K Add +42.3%
AEP American Electric Power 0.07% 1,110 $121K No change
CSX CSX Corp. 0.07% 4,100 $121K No change
FSM Fortuna Mining Corp. 0.06% 19,250 $117K Reduce -13.5%
VOO Vanguard S&P 500 ETF 0.06% 228 $117K No change
COIN Coinbase Global Inc. Class A 0.05% 570 $98K Add +21.3%
SOLV Solventum Corp. 0.05% 1,291 $98K Reduce -1.9%
SFL SFL Corp. Ltd. 0.04% 10,000 $82K No change
TSM Taiwan Semiconductor-SP ADR 0.04% 450 $75K Reduce -10.0%
NTR Nutrien Ltd. 0.04% 1,470 $74K No change
MRSH Marsh & McLennan Cos 0.04% 300 $73K No change
VRTX Vertex Pharmaceuticals Inc. 0.04% 150 $73K No change
DE Deere & Co. 0.04% 150 $71K No change
DIV Global X Superdividend Use 0.04% 3,650 $69K Add +62.2%
MCK McKesson Corp. 0.04% 100 $67K No change
CAT Caterpillar Inc. 0.04% 200 $66K No change
TXN Texas Instruments Inc. 0.04% 365 $66K No change
ENIC Enel Chile SA-ADR 0.04% 20,000 $65K No change
ETN Eaton Corp. PLC 0.03% 220 $60K No change
NXPI NXP Semiconductors NV 0.03% 300 $57K No change
ORCL Oracle Corp. 0.03% 400 $56K No change
EME Emcor Group Inc. 0.03% 150 $55K No change
ED Consolidated Edison Inc. 0.03% 500 $55K No change
GIS General Mills Inc. 0.03% 900 $54K Reduce -93.8%
AXP American Express Co. 0.03% 200 $54K No change
XFFCX Flaherty & Crumrine Pref Inc. 0.03% 3,110 $50K Reduce -0.5%
PM Philip Morris International 0.03% 300 $48K No change
T AT&T Inc. 0.03% 1,697 $48K No change
MDT Medtronic PLC 0.02% 500 $45K No change
BAX Baxter International Inc. 0.02% 1,280 $44K No change
QQQ Invesco QQQ Trust Series 1 0.02% 91 $43K No change
GS Goldman Sachs Group Inc. 0.02% 75 $41K No change
EPD Enterprise Products Partners 0.02% 1,200 $41K No change
MCD McDonald's Corp. 0.02% 125 $39K No change
NFG National Fuel Gas Co. 0.02% 450 $36K No change
WTRG Essential Utilities Inc. 0.02% 900 $36K No change
NVO Novo-Nordisk A/S-Spons ADR 0.02% 500 $35K No change
AMAT Applied Materials Inc. 0.02% 240 $35K No change
BP BP PLC-Spons ADR 0.02% 1,000 $34K No change
AMD Advanced Micro Devices 0.02% 289 $30K No change
TSLA Tesla Inc. 0.02% 107 $28K Add +59.7%
MOS The Mosaic Co. 0.01% 1,000 $27K No change
UNP Union Pacific Corp. 0.01% 110 $26K No change
MRVL Marvell Technology Inc. 0.01% 400 $25K No change
JPST JPMorgan Ultra-Short Income 0.01% 485 $25K New
UL Unilever PLC 0.01% 400 $24K No change
NKE Nike Inc. Class B 0.01% 350 $22K No change
SPOT Spotify Technology SA 0.01% 40 $22K No change
MU Micron Technology Inc. 0.01% 220 $19K No change
DVN Devon Energy Corp. 0.01% 500 $19K Reduce -94.4%
SCHD Schwab US DVD Equity ETF 0.01% 650 $18K No change
COR Cencora Inc. 0.01% 65 $18K No change
IAU iShares Gold Trust 0.01% 291 $17K No change
VIG Vanguard Dividend Apprec ETF 0.01% 88 $17K No change
NWL Newell Brands Inc. 0.01% 2,600 $16K No change
ENB Enbridge Inc. 0.01% 363 $16K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.01% 130 $15K No change
HIG Hartford Insurance Group Inc. 0.01% 115 $14K No change
OHI Omega Healthcare Investors 0.01% 333 $13K No change
SPLV Invesco S&P 500 Low Volatili 0.01% 147 $11K No change
TXT Textron Inc. 0.01% 150 $11K No change
BG Bunge Global SA 0.01% 130 $10K No change
VTI VG Morningstar TS MKT ETF-US 0.01% 36 $10K No change
MLM Martin Marietta Materials 0.01% 20 $10K No change
RIO Rio Tinto PLC-Spon ADR 0.00% 133 $8K No change
EWJ iShares MSCI Japan ETF 0.00% 103 $7K No change
CTXR Citius Pharmaceuticals Inc. 0.00% 4,626 $7K New
BLK BlackRock Inc. 0.00% 7 $7K No change
AX Axos Financial Inc. 0.00% 100 $6K No change
KD Kyndryl Holdings Inc. 0.00% 200 $6K No change
ACN Accenture PLC Class A 0.00% 20 $6K No change
IWM iShares Russell 2000 ETF 0.00% 29 $6K No change
CGBD Carlyle Secured Lending Inc. 0.00% 340 $6K No change
IWS iShares Russell Mid-Cap Valu 0.00% 42 $5K No change
OLP One Liberty Properties Inc. 0.00% 180 $5K No change
JCI Johnson Controls Internation 0.00% 48 $4K No change
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP 0.00% 340 $4K No change
RF Regions Financial Corp. 0.00% 170 $4K No change
HD Home Depot Inc. 0.00% 10 $4K No change
MRNA Moderna Inc. 0.00% 102 $3K Reduce -98.5%
GEV GE Vernova Inc. 0.00% 9 $3K No change
UEC Uranium Energy Corp. 0.00% 520 $2K No change
PR Permian Resources Corp. Class A 0.00% 170 $2K No change
NAT Nordic American Tankers Ltd. 0.00% 680 $2K No change
EA Electronic Arts Inc. 0.00% 10 $1K Reduce -9.1%
PHX PHX Minerals Inc. 0.00% 340 $1K No change
TASEKO MINES LTD 0.00% 340 $762 No change
ZM Zoom Communications Inc. 0.00% 10 $738 No change
ZTR Virtus Total Return Fund Inc. 0.00% 103 $615 New
LAZRQ Luminar Technologies Inc. 0.00% 66 $356 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $19K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 15$19KNo change

Total filed on the 13F, all lines: $184.0M.

Portfolio Sells Q4 2024 → Q1 2025
MMM 3M Co. Sold out 0.00% −1.25
AAPL Apple Inc. Reduce -3.4% 11.05% −1.19
GOOG Alphabet Inc. Class C Reduce -3.4% 4.21% −0.83
GOOGL Alphabet Inc. Class A Reduce -4.1% 3.86% −0.82
PWR Quanta Services Inc. Reduce -2.0% 2.58% −0.53
MSFT Microsoft Corp. Reduce -2.7% 4.87% −0.47
GIS General Mills Inc. Reduce -93.8% 0.03% −0.45
LDOS Leidos Holdings Inc. Reduce -60.9% 0.26% −0.42
VZ Verizon Communications Inc. Reduce -69.6% 0.23% −0.40
PYPL PayPal Holdings Inc. Reduce -12.8% 0.85% −0.36
LLY Eli Lilly & Co. Reduce -60.5% 0.27% −0.34
CTRA Coterra Energy Inc. Reduce -47.5% 0.56% −0.34
GSK GSK PLC-Spon ADR Reduce -68.1% 0.20% −0.32
PFE Pfizer Inc. Sold out 0.00% −0.32
PSX Phillips 66 Reduce -65.3% 0.15% −0.23
BRK.A Berkshire Hathaway Inc. Class A Reduce -33.3% 0.87% −0.19
HON Honeywell International Inc. Reduce -2.5% 3.73% −0.15
MRNA Moderna Inc. Reduce -98.5% 0.00% −0.15
DVN Devon Energy Corp. Reduce -94.4% 0.01% −0.14
HXL Hexcel Corp. Reduce -3.0% 0.98% −0.12
DIS The Walt Disney Co. Reduce -15.5% 0.17% −0.05
NVDA Nvidia Corp. Reduce -1.3% 0.20% −0.04
MSTR Strategy Inc. Sold out 0.00% −0.03
FDX FedEx Corp. Sold out 0.00% −0.03
RDDT Reddit Inc. Class A Sold out 0.00% −0.03
BA The Boeing Co. Reduce -14.9% 0.16% −0.03
LMT Lockheed Martin Corp. Reduce -7.5% 0.18% −0.02
ABNB Airbnb Inc. Class A Reduce -0.7% 0.36% −0.02
TMO Thermo Fisher Scientific Inc. Reduce -1.5% 1.94% −0.02
TSM Taiwan Semiconductor-SP ADR Reduce -10.0% 0.04% −0.01
INTC Intel Corp. Sold out 0.00% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.6% 0.09% −0.00
EA Electronic Arts Inc. Reduce -9.1% 0.00% 0.00
XFFCX Flaherty & Crumrine Pref Inc. Reduce -0.5% 0.03% +0.00
SOLV Solventum Corp. Reduce -1.9% 0.05% +0.01
FSM Fortuna Mining Corp. Reduce -13.5% 0.06% +0.01
KMI Kinder Morgan Inc. Reduce -2.0% 0.26% +0.02
EOG EOG Resources Inc. Reduce -2.3% 0.30% +0.02
GLW Corning Inc. Reduce -0.2% 1.79% +0.02
KVUE Kenvue Inc. Reduce -5.1% 0.27% +0.03
PNW Pinnacle West Capital Reduce -2.1% 0.25% +0.03
NOC Northrop Grumman Corp. Reduce -4.2% 0.39% +0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -5.3% 0.26% +0.04
SNY Sanofi-ADR Reduce -0.8% 0.44% +0.07
B Barrick Gold Corp. Reduce -1.3% 0.40% +0.09
NEM Newmont Corp. Reduce -1.8% 0.48% +0.12
PG The Procter & Gamble Co. Reduce -0.1% 1.88% +0.12
VYM Vanguard High DVD Yield ETF Reduce -1.4% 4.33% +0.21
COST Costco Wholesale Corp. Reduce -3.3% 4.34% +0.21
CVX Chevron Corp. Reduce -11.8% 3.26% +0.22

Portfolio Buys Q4 2024 → Q1 2025
QCOM Qualcomm Inc. Add +965.3% 0.46% +0.42
MPLX MPLX LP Add +66.7% 0.73% +0.36
HSBC HSBC Holdings PLC-Spons ADR New 0.33% +0.33
NFLX Netflix Inc. New 0.30% +0.30
CTSH Cognizant Tech Solutions-A New 0.26% +0.26
AB Alliancebernstein Holding LP New 0.22% +0.22
ET Energy Transfer LP New 0.20% +0.20
LRCX Lam Research Corp. New 0.16% +0.16
CACI Caci International Inc. Class A New 0.15% +0.15
KMB Kimberly-Clark Corp. Add +0.5% 1.01% +0.13
MO Altria Group Inc. Add +1.8% 0.69% +0.13
EBAY eBay Inc. New 0.13% +0.13
ASML ASML Holding NV-NY Reg SHS Add +60.0% 0.29% +0.11
FLNG Flex LNG Ltd. Add +0.2% 0.60% +0.03
PLTR Palantir Technologies Inc. Class A Add +42.3% 0.07% +0.03
SO The Southern Co. Add +3.6% 0.14% +0.03
DIV Global X Superdividend Use Add +62.2% 0.04% +0.02
JPST JPMorgan Ultra-Short Income New 0.01% +0.01
CTXR Citius Pharmaceuticals Inc. New 0.00% +0.00
TSLA Tesla Inc. Add +59.7% 0.02% +0.00
ZTR Virtus Total Return Fund Inc. New 0.00% +0.00
AMZN Amazon.com Inc. Add +9.2% 1.23% −0.00
COIN Coinbase Global Inc. Class A Add +21.3% 0.05% −0.01
EMR Emerson Electric Co. Add +5.9% 0.89% −0.01
PRME Prime Medicine Inc. Add +11.5% 0.23% −0.06

Notes & Other Activity Q4 2024 → Q1 2025
DIA SS SPDR Dow Jones Indus Avg UT SER 1 Sold out 0 $2Kbefore exit
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Sold out 12 $331before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 232$236.1MAAPL, GLW, GOOG, GOOGL, PWR
Q1 2026Amended 233$224.8MAAPL, GOOG, XOM, AEM, GOOGL
Q4 2025 236$232.8MAAPL, GOOG, GOOGL, AEM, MSFT
Q3 2025 241$225.2MAAPL, GOOG, AEM, MSFT, GOOGL
Q2 2025 200$201.7MAAPL, MSFT, GOOG, VYM, COST
Q1 2025 199$183.9MAAPL, MSFT, COST, VYM, GOOG
Q4 2024 194$193.7MAAPL, MSFT, GOOG, GOOGL, COST
Q3 2024 197$202.9MAAPL, VYM, MSFT, GOOG, GOOGL
Q2 2024 197$200.4MAAPL, MSFT, GOOG, VYM, GOOGL
Q1 2024 176$176.3MAAPL, VYM, MSFT, GOOG, GOOGL