Deroy & Devereaux Private Investment Counsel Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 28, 2024), Deroy & Devereaux Private Investment Counsel Inc. reported 168 stock positions worth $1.7 billion. Its top holding was HCA Healthcare (HCA) at 2.8% of the portfolio, followed by Carlisle Cos (CSL, 2.5%) and Reliance (RS, 2.5%). Compared with Q2 2024, it opened 14 new positions, sold out of 9, added to 77 and reduced 27. The biggest buy was a new position in Lam Research (LRCX) and the biggest sale an exit from Lam Research (LRCX).

Most Recent 13F
Q2 2026
Location
BLOOMFIELD HILLS, MI
CIK
0001278678
Portfolio Value
$1.7B (Q3 2024)
SEC Filing
0001278678-24-000009 ↗ filed Oct 28, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.6B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.7B $1.7B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.7B Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $2.0B Q3 2025 Q4 2025: $2.0B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $2.4B Q2 2026

Holdings 168 stocks · $1.7B
HCA HCA Healthcare Inc. 2.77% 118,881 $48.3M Add +0.3%
CSL Carlisle Cos Inc. 2.52% 98,034 $44.1M Reduce -3.9%
RS Reliance Inc. 2.46% 148,730 $43.0M Add +2.8%
CACI Caci International Inc. Class A 2.39% 82,612 $41.7M Add +0.2%
AZO AutoZone Inc. 2.31% 12,807 $40.3M Add +0.9%
FISV Fiserv Inc. 2.29% 223,004 $40.1M Add +0.6%
JPM JPMorgan Chase & Co. 2.07% 171,464 $36.2M Add +1.3%
DAL Delta Air Lines Inc. 2.06% 709,874 $36.1M Add +22.1%
PNR Pentair PLC 2.04% 363,997 $35.6M Add +0.9%
CB Chubb Ltd. 2.03% 122,721 $35.4M Add +0.5%
DTM DT Midstream Inc. 2.03% 449,835 $35.4M Reduce -0.3%
ALL Allstate Corp. 2.00% 183,699 $34.8M Add +0.8%
RJF Raymond James Financial Inc. 1.99% 284,168 $34.8M Add +1.1%
MAS Masco Corp. 1.97% 410,225 $34.4M Add +1.0%
DFS Discover Financial Services 1.96% 244,023 $34.2M Add +1.1%
MS Morgan Stanley 1.94% 324,476 $33.8M Add +0.9%
XOM Exxon Mobil Corp. 1.89% 281,405 $33.0M Add +1.1%
ORCL Oracle Corp. 1.87% 191,952 $32.7M Reduce -22.9%
BDX Becton Dickinson and Co. 1.81% 131,105 $31.6M Add +16.9%
BLBD Blue Bird Corp. 1.75% 635,920 $30.5M Add +0.4%
HWM Howmet Aerospace Inc. 1.71% 298,328 $29.9M Reduce -20.7%
CVX Chevron Corp. 1.67% 197,947 $29.2M Add +1.0%
RTX RTX Corp. 1.67% 240,519 $29.1M Add +0.7%
PRKS United Parks & Resorts Inc. 1.59% 550,390 $27.9M Add +1.0%
CDP Copt Defense Properties 1.54% 886,136 $26.9M Add +2.0%
DOX Amdocs Ltd. 1.50% 299,250 $26.2M Add +1.0%
CI The Cigna Group 1.49% 74,979 $26.0M Add +1.7%
COP Conocophillips 1.49% 246,504 $26.0M Add +1.3%
MDLZ Mondelez International Inc. Class A 1.48% 349,677 $25.8M Add +0.8%
PNC PNC Financial Services Group 1.46% 138,231 $25.6M Add +24.4%
WTW Willis Towers Watson PLC 1.44% 85,339 $25.1M Add +0.8%
MU Micron Technology Inc. 1.43% 241,147 $25.0M Add +61.0%
DELL Dell Technologies -C 1.42% 209,547 $24.8M Add +30.9%
TER Teradyne Inc. 1.40% 182,742 $24.5M Add +0.7%
JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP 1.37% 242,648 $23.9M Add +0.7%
WBS Webster Financial Corp. 1.37% 512,196 $23.9M Add +19.2%
PGR Progressive Corp. 1.34% 92,183 $23.4M Add +0.2%
ZBH Zimmer Biomet Holdings Inc. 1.30% 210,312 $22.7M Add +0.7%
LKQ LKQ Corp. 1.29% 564,060 $22.5M Add +1.4%
GOOG Alphabet Inc. Class C 1.28% 133,607 $22.3M Add +0.7%
VONG Vanguard Russell 1000 Growth 1.24% 223,800 $21.6M Reduce -7.6%
LRCX Lam Research Corp. 1.22% 26,065 $21.3M New
PEP Pepsico Inc. 1.20% 123,485 $21.0M Add +1.3%
VSH Vishay Intertechnology Inc. 1.20% 1,107,614 $20.9M Add +0.8%
A Agilent Technologies Inc. 1.17% 138,069 $20.5M Reduce -0.1%
ALE Allete Inc. 1.17% 317,559 $20.4M Reduce -0.7%
SONO Sonos Inc. 1.17% 1,655,942 $20.4M Add +67.9%
TFC Truist Financial Corp. 1.14% 464,346 $19.9M New
MSFT Microsoft Corp. 1.13% 45,796 $19.7M Add +1.0%
WM Waste Management Inc. 1.13% 94,817 $19.7M Add +1.0%
LHX L3HARRIS Technologies Inc. 1.11% 81,499 $19.4M Add +1.2%
VICI Vici Properties Inc. filed as VICI PPTYS INC 1.06% 556,261 $18.5M Add +1.0%
AAPL Apple Inc. 1.01% 75,388 $17.6M Reduce -3.7%
BC Brunswick Corp. 0.91% 189,775 $15.9M New
SYNA Synaptics Inc. 0.85% 192,003 $14.9M Add +8.0%
VTI VG Morningstar TS MKT ETF-US 0.66% 40,494 $11.5M Add +2.8%
MPLX MPLX LP 0.54% 213,889 $9.5M No change
EPD Enterprise Products Partners 0.47% 278,960 $8.1M Add +0.4%
UHS Universal Health Services-B 0.46% 35,135 $8.0M Add +0.7%
EVR Evercore Inc. Class A 0.44% 30,590 $7.8M Add +0.4%
VNOM Viper Energy Inc. 0.41% 157,150 $7.1M Add +0.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.30% 9,256 $5.3M Add +1.6%
AUB Atlantic Union Bankshares Co. 0.28% 131,775 $5.0M Add +0.7%
TTWO Take-Two Interactive Softwre 0.28% 31,569 $4.9M Add +0.7%
ALK Alaska Air Group Inc. 0.27% 104,120 $4.7M No change
SNV Synovus Financial Corp. 0.26% 103,210 $4.6M Add +0.7%
VCSH Vanguard S/T Corp. Bond ETF 0.25% 55,498 $4.4M Add +8.6%
CCK Crown Holdings Inc. 0.25% 45,280 $4.3M Add +0.8%
REYN Reynolds Consumer Products I 0.24% 135,425 $4.2M Add +0.6%
STE Steris PLC 0.24% 17,250 $4.2M Add +0.8%
PRSU Pursuit Attractions and Hosp filed as VIAD CORP 0.23% 112,815 $4.0M Add +1.0%
NOMD Nomad Foods Ltd. 0.22% 202,735 $3.9M Add +0.7%
IUSV iShares Core S&P U.S. Value 0.22% 40,055 $3.8M Add +2.3%
OUT Outfront Media Inc. 0.22% 206,715 $3.8M Add +0.6%
MUSA Murphy USA Inc. 0.21% 7,400 $3.6M Add +0.7%
TXNM TXNM Energy Inc. 0.21% 82,890 $3.6M Reduce -0.9%
IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L 0.21% 189,300 $3.6M Add +31.6%
NWE Northwestern Energy Group Inc. 0.20% 62,205 $3.6M Add +0.6%
CG The Carlyle Group Inc. 0.20% 80,595 $3.5M Add +0.8%
WAT Waters Corp. 0.20% 9,580 $3.4M Add +1.0%
HSIC Henry Schein Inc. 0.20% 47,055 $3.4M Add +0.7%
GLPI Gaming and Leisure Propertie 0.19% 64,210 $3.3M Add +0.5%
GOOGL Alphabet Inc. Class A 0.18% 18,454 $3.1M Reduce -0.6%
AMZN Amazon.com Inc. 0.17% 15,918 $3.0M No change
DINO HF Sinclair Corp. 0.16% 63,885 $2.8M Add +0.7%
OLN Olin Corp. 0.15% 55,550 $2.7M Add +1.2%
MTCH Match Group Inc. 0.15% 70,235 $2.7M Add +1.1%
APLE Apple Hospitality REIT Inc. 0.14% 169,222 $2.5M Add +0.7%
PR Permian Resources Corp. Class A 0.14% 184,475 $2.5M Add +0.8%
RHP Ryman Hospitality Properties 0.14% 22,300 $2.4M New
VTWG Vanguard Russell 2000 Growth 0.13% 11,305 $2.3M Reduce -9.2%
WEX Wex Inc. 0.13% 11,105 $2.3M New
LLY Eli Lilly & Co. 0.13% 2,611 $2.3M No change
VEU Vanguard Ftse All-World Ex-U 0.12% 33,626 $2.1M Add +4.7%
FUN Six Flags Entertainment Corp. 0.09% 39,975 $1.6M New
COST Costco Wholesale Corp. 0.09% 1,750 $1.6M Reduce -0.6%
BKLN Invesco Senior Loan ETF 0.08% 68,475 $1.4M No change
IWM iShares Russell 2000 ETF 0.08% 6,397 $1.4M No change
NVDA Nvidia Corp. 0.07% 10,300 $1.3M Reduce -11.2%
ORLY O'reilly Automotive Inc. 0.07% 1,076 $1.2M Reduce -3.4%
UNH Unitedhealth Group Inc. 0.07% 2,000 $1.2M No change
MRK Merck & Co. Inc. 0.06% 9,783 $1.1M No change
VTWO Vanguard Russell 2000 ETF 0.06% 11,371 $1.0M Add +8.5%
JNJ Johnson & Johnson 0.06% 6,179 $1.0M Reduce -1.4%
WMT Walmart Inc. 0.05% 11,550 $933K No change
NFLX Netflix Inc. 0.05% 1,219 $865K No change
EFA iShares MSCI Eafe ETF 0.05% 9,850 $824K No change
IWB iShares Russell 1000 ETF 0.05% 2,622 $824K Reduce -1.2%
VCIT Vanguard Int-Term Corporate 0.05% 9,675 $810K Add +81.9%
SYK Stryker Corp. 0.04% 2,030 $733K No change
MPWR Monolithic Power Systems Inc. 0.04% 750 $693K No change
BRK.B Berkshire Hathaway Inc. Class B 0.04% 1,491 $686K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 17,130 $680K No change
GD General Dynamics Corp. 0.04% 2,229 $674K Reduce -0.2%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.04% 647 $672K No change
VNQ Vanguard Real Estate ETF 0.04% 6,880 $670K Add +8.3%
QQQ Invesco QQQ Trust Series 1 0.04% 1,334 $651K Reduce -0.4%
AXP American Express Co. 0.04% 2,350 $637K No change
VXUS Vanguard Total Intl Stock 0.04% 9,550 $618K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.04% 7,640 $613K No change
PANW Palo Alto Networks Inc. 0.03% 1,785 $610K No change
PINE Alpine Income Property Trust 0.03% 32,350 $589K No change
GS Goldman Sachs Group Inc. 0.03% 1,175 $582K No change
LEN Lennar Corp. Class A 0.03% 3,100 $581K No change
V Visa Inc. Class A 0.03% 2,114 $581K No change
TXO Txo Partners LP 0.03% 28,250 $559K New
SHW The Sherwin-Williams Co. 0.03% 1,263 $482K No change
DHI D.R. Horton Inc. 0.03% 2,370 $452K No change
ADI Analog Devices Inc. 0.03% 1,960 $451K Reduce -4.8%
IWD iShares Russell 1000 Value E 0.03% 2,325 $441K Reduce -5.5%
REGN Regeneron Pharmaceuticals 0.02% 410 $431K No change
PRF Invesco Rafi US 1000 ETF 0.02% 10,502 $427K New
BKNG Booking Holdings Inc. 0.02% 100 $421K No change
ITW Illinois Tool Works 0.02% 1,480 $388K No change
EFX Equifax Inc. 0.02% 1,315 $386K No change
HIG Hartford Insurance Group Inc. 0.02% 3,000 $353K No change
PXF Invesco Rafi Developed Marke 0.02% 6,670 $348K New
KO The Coca-Cola Co. 0.02% 4,814 $346K No change
KBE SS SPDR S&P Bank ETF 0.02% 6,200 $328K No change
CSCO Cisco Systems Inc. 0.02% 6,046 $322K No change
NVO Novo-Nordisk A/S-Spons ADR 0.02% 2,700 $321K No change
FLOT iShares Floating Rate Bond E 0.02% 6,100 $311K No change
FANG Diamondback Energy Inc. 0.02% 1,780 $307K No change
KVUE Kenvue Inc. 0.02% 13,234 $306K Reduce -1.5%
MCD McDonald's Corp. 0.02% 1,000 $305K No change
VTES Vanguard SH Term Tax-Ex Bond 0.02% 3,010 $305K Reduce -14.0%
GSY Invesco Ultra Short Duration 0.02% 6,000 $301K No change
PFE Pfizer Inc. 0.02% 9,607 $278K No change
HBAN Huntington Bancshares Inc. 0.01% 17,764 $261K No change
MA Mastercard Inc. Class A 0.01% 526 $260K Reduce -57.1%
STZ Constellation Brands Inc. Class A 0.01% 1,000 $258K No change
NVS Novartis AG-Sponsored ADR 0.01% 2,075 $239K Reduce -4.6%
TXN Texas Instruments Inc. 0.01% 1,150 $238K Reduce -46.5%
WDAY Workday Inc. Class A 0.01% 971 $237K No change
CL Colgate-Palmolive Co. 0.01% 2,275 $236K No change
RACE Ferrari NV 0.01% 500 $235K No change
ETN Eaton Corp. PLC 0.01% 700 $232K No change
HD Home Depot Inc. 0.01% 560 $227K New
PG The Procter & Gamble Co. 0.01% 1,310 $227K No change
ABT Abbott Laboratories 0.01% 1,950 $222K Reduce -12.4%
ABBV Abbvie Inc. 0.01% 1,121 $221K New
NOC Northrop Grumman Corp. 0.01% 410 $217K New
PSX Phillips 66 0.01% 1,650 $217K No change
HUBB Hubbell Inc. 0.01% 500 $214K New
VWO Vanguard Ftse Emerging Marke 0.01% 4,300 $206K New
NXP Nuveen Select Tax-Free Inc. 0.01% 11,591 $175K No change
NIM Nuveen Select Maturit Muni 0.01% 11,500 $106K No change
WBD Warner Bros Discovery Inc. 0.01% 11,647 $96K Reduce -99.4%
Other holdings (5): bonds, preferreds, convertibles and warrants · $8.4M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 3,102$4.0MNo change
M&T BANK CORPORATION (MTB 7.5 PERP J) Common Stock 59,500$1.7MNo change
BANK OF AMERICA CORP (BAC F PERP 02) COM 66,161$1.5MAdd +17.2%
REGIONS FINANCIAL CORP (RF V6.95 PERP) Common Stock 29,000$762KNew
ALLSTATE CORP (ALL 7.375 PERP J) PERP PFD J 18,000$499KNo change

Total filed on the 13F, all lines: $1.8B.

Portfolio Sells Q2 2024 → Q3 2024
LRCX Lam Research Corp. Sold out 0.00% −1.70
WBD Warner Bros Discovery Inc. Reduce -99.4% 0.01% −0.88
TKR Timken Co. Sold out 0.00% −0.84
UPS United Parcel Service Class B Sold out 0.00% −0.75
ORCL Oracle Corp. Reduce -22.9% 1.87% −0.30
LW Lamb Weston Holdings Inc. Sold out 0.00% −0.18
VONG Vanguard Russell 1000 Growth Reduce -7.6% 1.24% −0.17
CEDAR FAIR LP Sold out 0.00% −0.17
HWM Howmet Aerospace Inc. Reduce -20.7% 1.71% −0.10
ALE Allete Inc. Reduce -0.7% 1.17% −0.07
AMD Advanced Micro Devices Sold out 0.00% −0.04
NUE Nucor Corp. Sold out 0.00% −0.04
GOOGL Alphabet Inc. Class A Reduce -0.6% 0.18% −0.03
CSL Carlisle Cos Inc. Reduce -3.9% 2.52% −0.03
MA Mastercard Inc. Class A Reduce -57.1% 0.01% −0.02
DOW Dow Inc. Sold out 0.00% −0.02
NVDA Nvidia Corp. Reduce -11.2% 0.07% −0.02
AAPL Apple Inc. Reduce -3.7% 1.01% −0.02
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.01
VTWG Vanguard Russell 2000 Growth Reduce -9.2% 0.13% −0.01
TXN Texas Instruments Inc. Reduce -46.5% 0.01% −0.01
VTES Vanguard SH Term Tax-Ex Bond Reduce -14.0% 0.02% −0.00
COST Costco Wholesale Corp. Reduce -0.6% 0.09% −0.00
ADI Analog Devices Inc. Reduce -4.8% 0.03% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -0.4% 0.04% −0.00
ORLY O'reilly Automotive Inc. Reduce -3.4% 0.07% −0.00
IWB iShares Russell 1000 ETF Reduce -1.2% 0.05% −0.00
ABT Abbott Laboratories Reduce -12.4% 0.01% −0.00
GD General Dynamics Corp. Reduce -0.2% 0.04% −0.00
IWD iShares Russell 1000 Value E Reduce -5.5% 0.03% −0.00
NVS Novartis AG-Sponsored ADR Reduce -4.6% 0.01% −0.00
JNJ Johnson & Johnson Reduce -1.4% 0.06% +0.00
KVUE Kenvue Inc. Reduce -1.5% 0.02% +0.00
TXNM TXNM Energy Inc. Reduce -0.9% 0.21% +0.02
DTM DT Midstream Inc. Reduce -0.3% 2.03% +0.04
A Agilent Technologies Inc. Reduce -0.1% 1.17% +0.06

Portfolio Buys Q2 2024 → Q3 2024
LRCX Lam Research Corp. New 1.22% +1.22
TFC Truist Financial Corp. New 1.14% +1.14
BC Brunswick Corp. New 0.91% +0.91
HCA HCA Healthcare Inc. Add +0.3% 2.77% +0.41
PNC PNC Financial Services Group Add +24.4% 1.46% +0.39
DAL Delta Air Lines Inc. Add +22.1% 2.06% +0.36
PNR Pentair PLC Add +0.9% 2.04% +0.33
MAS Masco Corp. Add +1.0% 1.97% +0.30
SONO Sonos Inc. Add +67.9% 1.17% +0.26
FISV Fiserv Inc. Add +0.6% 2.29% +0.25
MU Micron Technology Inc. Add +61.0% 1.43% +0.21
WBS Webster Financial Corp. Add +19.2% 1.37% +0.21
ALL Allstate Corp. Add +0.8% 2.00% +0.19
CDP Copt Defense Properties Add +2.0% 1.54% +0.19
CACI Caci International Inc. Class A Add +0.2% 2.39% +0.19
BDX Becton Dickinson and Co. Add +16.9% 1.81% +0.19
RTX RTX Corp. Add +0.7% 1.67% +0.18
PGR Progressive Corp. Add +0.2% 1.34% +0.16
RHP Ryman Hospitality Properties New 0.14% +0.14
WEX Wex Inc. New 0.13% +0.13
CB Chubb Ltd. Add +0.5% 2.03% +0.10
FUN Six Flags Entertainment Corp. New 0.09% +0.09
VICI Vici Properties Inc. Add +1.0% 1.06% +0.08
IGIC International General Insura Add +31.6% 0.21% +0.08
MDLZ Mondelez International Inc. Class A Add +0.8% 1.48% +0.07
WTW Willis Towers Watson PLC Add +0.8% 1.44% +0.07
UHS Universal Health Services-B Add +0.7% 0.46% +0.06
DELL Dell Technologies -C Add +30.9% 1.42% +0.06
DOX Amdocs Ltd. Add +1.0% 1.50% +0.05
EVR Evercore Inc. Class A Add +0.4% 0.44% +0.05
VNOM Viper Energy Inc. Add +0.7% 0.41% +0.04
CCK Crown Holdings Inc. Add +0.8% 0.25% +0.04
OUT Outfront Media Inc. Add +0.6% 0.22% +0.04
TXO Txo Partners LP New 0.03% +0.03
WAT Waters Corp. Add +1.0% 0.20% +0.03
PRF Invesco Rafi US 1000 ETF New 0.02% +0.02
MTCH Match Group Inc. Add +1.1% 0.15% +0.02
VCIT Vanguard Int-Term Corporate Add +81.9% 0.05% +0.02
PXF Invesco Rafi Developed Marke New 0.02% +0.02
AUB Atlantic Union Bankshares Co. Add +0.7% 0.28% +0.02
NOMD Nomad Foods Ltd. Add +0.7% 0.22% +0.02
HD Home Depot Inc. New 0.01% +0.01
ABBV Abbvie Inc. New 0.01% +0.01
NOC Northrop Grumman Corp. New 0.01% +0.01
HUBB Hubbell Inc. New 0.01% +0.01
NWE Northwestern Energy Group Inc. Add +0.6% 0.20% +0.01
VWO Vanguard Ftse Emerging Marke New 0.01% +0.01
HSIC Henry Schein Inc. Add +0.7% 0.20% +0.01
GLPI Gaming and Leisure Propertie Add +0.5% 0.19% +0.01
REYN Reynolds Consumer Products I Add +0.6% 0.24% +0.01

Notes & Other Activity Q2 2024 → Q3 2024
BANK OF AMERICA CORP (BAC F PERP 02) COM Add +17.2% 66,161 $1.5M
REGIONS FINANCIAL CORP (RF V6.95 PERP) Common Stock New 29,000 $762K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 167$2.4BDELL, MU, LRCX, TER, JBTM
Q1 2026 166$2.1BJBTM, TER, JPM, XOM, RS
Q4 2025 169$2.0BMS, JPM, HCA, JBTM, LRCX
Q3 2025 169$2.0BJPM, HCA, MS, JBTM, RJF
Q2 2025 163$1.8BJPM, RS, HCA, MS, RJF
Q1 2025 163$1.7BAZO, FISV, RS, JPM, HCA
Q4 2024 166$1.7BFISV, RJF, DAL, DFS, JPM
Q3 2024 168$1.7BHCA, CSL, RS, CACI, AZO
Q2 2024 163$1.6BRS, CSL, HCA, AZO, CACI
Q1 2024 169$1.6BRS, AZO, CSL, HCA, RJF