Deroy & Devereaux Private Investment Counsel Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Deroy & Devereaux Private Investment Counsel Inc. reported 166 stock positions worth $1.7 billion. Its top holding was Fiserv (FISV) at 2.7% of the portfolio, followed by Raymond James Financial (RJF, 2.6%) and Delta Air Lines (DAL, 2.4%). Compared with Q3 2024, it opened 8 new positions, sold out of 10, added to 96 and reduced 31. The biggest buy was a new position in CVS Health (CVS) and the biggest sale Copt Defense Properties (CDP, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMFIELD HILLS, MI
- CIK
- 0001278678
- Portfolio Value
- $1.7B (Q4 2024)
- SEC Filing
- 0001278678-25-000003 ↗ filed Jan 24, 2025
Holdings Value
Holdings 166 stocks · $1.7B
| FISV Fiserv Inc. | 2.65% | 224,182 | $46.1M | Add +0.5% |
| RJF Raymond James Financial Inc. | 2.56% | 286,444 | $44.5M | Add +0.8% |
| DAL Delta Air Lines Inc. | 2.44% | 701,704 | $42.5M | Reduce -1.1% |
| DFS Discover Financial Services | 2.44% | 244,897 | $42.4M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 2.39% | 173,150 | $41.5M | Add +1.0% |
| AZO AutoZone Inc. | 2.38% | 12,929 | $41.4M | Add +0.9% |
| MS Morgan Stanley | 2.37% | 327,295 | $41.1M | Add +0.9% |
| RS Reliance Inc. | 2.33% | 150,140 | $40.4M | Add +0.9% |
| PNR Pentair PLC | 2.12% | 366,218 | $36.9M | Add +0.6% |
| CSL Carlisle Cos Inc. | 2.10% | 98,733 | $36.4M | Add +0.7% |
| HCA HCA Healthcare Inc. | 2.09% | 120,812 | $36.3M | Add +1.6% |
| DTM DT Midstream Inc. | 1.98% | 345,473 | $34.4M | Reduce -23.2% |
| CB Chubb Ltd. | 1.97% | 123,601 | $34.2M | Add +0.7% |
| ORCL Oracle Corp. | 1.86% | 194,319 | $32.4M | Add +1.2% |
| CACI Caci International Inc. Class A | 1.82% | 78,073 | $31.5M | Reduce -5.5% |
| PRKS United Parks & Resorts Inc. | 1.80% | 555,309 | $31.2M | Add +0.9% |
| JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP | 1.79% | 245,256 | $31.2M | Add +1.1% |
| XOM Exxon Mobil Corp. | 1.76% | 284,570 | $30.6M | Add +1.1% |
| BDX Becton Dickinson and Co. | 1.75% | 134,341 | $30.5M | Add +2.5% |
| HWM Howmet Aerospace Inc. | 1.74% | 275,612 | $30.1M | Reduce -7.6% |
| MAS Masco Corp. | 1.74% | 415,299 | $30.1M | Add +1.2% |
| ALL Allstate Corp. | 1.68% | 151,207 | $29.2M | Reduce -17.7% |
| CVX Chevron Corp. | 1.67% | 200,080 | $29.0M | Add +1.1% |
| WBS Webster Financial Corp. | 1.64% | 515,786 | $28.5M | Add +0.7% |
| WTW Willis Towers Watson PLC | 1.58% | 87,748 | $27.5M | Add +2.8% |
| PNC PNC Financial Services Group | 1.55% | 139,223 | $26.8M | Add +0.7% |
| RTX RTX Corp. | 1.50% | 224,804 | $26.0M | Reduce -6.5% |
| TFC Truist Financial Corp. | 1.49% | 594,616 | $25.8M | Add +28.1% |
| GOOG Alphabet Inc. Class C | 1.48% | 135,010 | $25.7M | Add +1.1% |
| DOX Amdocs Ltd. | 1.48% | 301,312 | $25.7M | Add +0.7% |
| SONO Sonos Inc. | 1.45% | 1,671,113 | $25.1M | Add +0.9% |
| BLBD Blue Bird Corp. | 1.43% | 641,265 | $24.8M | Add +0.8% |
| DELL Dell Technologies -C | 1.40% | 211,485 | $24.4M | Add +0.9% |
| VONG Vanguard Russell 1000 Growth | 1.34% | 224,645 | $23.2M | Add +0.4% |
| TER Teradyne Inc. | 1.33% | 184,037 | $23.2M | Add +0.7% |
| ZBH Zimmer Biomet Holdings Inc. | 1.29% | 212,896 | $22.5M | Add +1.2% |
| PGR Progressive Corp. | 1.29% | 93,343 | $22.4M | Add +1.3% |
| MDLZ Mondelez International Inc. Class A | 1.22% | 354,253 | $21.2M | Add +1.3% |
| CI The Cigna Group | 1.21% | 75,837 | $20.9M | Add +1.1% |
| LKQ LKQ Corp. | 1.20% | 568,380 | $20.9M | Add +0.8% |
| MU Micron Technology Inc. | 1.18% | 243,006 | $20.5M | Add +0.8% |
| TXNM TXNM Energy Inc. | 1.16% | 408,240 | $20.1M | Add +392.5% |
| ALE Allete Inc. | 1.13% | 303,463 | $19.7M | Reduce -4.4% |
| MSFT Microsoft Corp. | 1.13% | 46,550 | $19.6M | Add +1.6% |
| WM Waste Management Inc. | 1.12% | 96,028 | $19.4M | Add +1.3% |
| LRCX Lam Research Corp. | 1.11% | 265,859 | $19.2M | Add +2.0% |
| PEP Pepsico Inc. | 1.10% | 125,644 | $19.1M | Add +1.8% |
| VSH Vishay Intertechnology Inc. | 1.08% | 1,106,808 | $18.7M | Reduce -0.1% |
| A Agilent Technologies Inc. | 1.08% | 139,281 | $18.7M | Add +0.9% |
| AAPL Apple Inc. | 1.08% | 74,713 | $18.7M | Reduce -0.9% |
| CVS CVS Health Corp. | 1.02% | 394,495 | $17.7M | New |
| RHP Ryman Hospitality Properties | 1.00% | 165,740 | $17.3M | Add +643.2% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.94% | 560,482 | $16.4M | Add +0.8% |
| LHX L3HARRIS Technologies Inc. | 0.92% | 76,153 | $16.0M | Reduce -6.6% |
| EA Electronic Arts Inc. | 0.80% | 94,631 | $13.8M | New |
| BC Brunswick Corp. | 0.76% | 204,897 | $13.3M | Add +8.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.70% | 41,724 | $12.1M | Add +3.0% |
| MPLX MPLX LP | 0.59% | 214,189 | $10.3M | Add +0.1% |
| EPD Enterprise Products Partners | 0.51% | 280,460 | $8.8M | Add +0.5% |
| EVR Evercore Inc. Class A | 0.49% | 30,695 | $8.5M | Add +0.3% |
| VNOM Viper Energy Inc. | 0.44% | 155,460 | $7.6M | Reduce -1.1% |
| ALK Alaska Air Group Inc. | 0.39% | 104,465 | $6.8M | Add +0.3% |
| UHS Universal Health Services-B | 0.36% | 35,185 | $6.3M | Add +0.1% |
| TTWO Take-Two Interactive Softwre | 0.34% | 31,863 | $5.9M | Add +0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 9,134 | $5.4M | Reduce -1.3% |
| SNV Synovus Financial Corp. | 0.31% | 103,480 | $5.3M | Add +0.3% |
| AUB Atlantic Union Bankshares Co. | 0.29% | 132,665 | $5.0M | Add +0.7% |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 0.28% | 113,105 | $4.8M | Add +0.3% |
| IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L | 0.26% | 189,825 | $4.5M | Add +0.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.24% | 53,348 | $4.2M | Reduce -3.9% |
| CG The Carlyle Group Inc. | 0.23% | 80,820 | $4.1M | Add +0.3% |
| CCK Crown Holdings Inc. | 0.22% | 45,445 | $3.8M | Add +0.4% |
| OUT Outfront Media Inc. | 0.22% | 211,099 | $3.7M | New |
| IUSV iShares Core S&P U.S. Value | 0.21% | 40,303 | $3.7M | Add +0.6% |
| MUSA Murphy USA Inc. | 0.21% | 7,430 | $3.7M | Add +0.4% |
| REYN Reynolds Consumer Products I | 0.21% | 135,660 | $3.7M | Add +0.2% |
| STE Steris PLC | 0.21% | 17,355 | $3.6M | Add +0.6% |
| WAT Waters Corp. | 0.21% | 9,610 | $3.6M | Add +0.3% |
| AMZN Amazon.com Inc. | 0.20% | 16,067 | $3.5M | Add +0.9% |
| GOOGL Alphabet Inc. Class A | 0.20% | 18,549 | $3.5M | Add +0.5% |
| NOMD Nomad Foods Ltd. | 0.20% | 203,245 | $3.4M | Add +0.3% |
| NWE Northwestern Energy Group Inc. | 0.19% | 62,740 | $3.4M | Add +0.9% |
| HSIC Henry Schein Inc. | 0.19% | 47,550 | $3.3M | Add +1.1% |
| AGCO Agco Corp. | 0.18% | 33,635 | $3.1M | New |
| GLPI Gaming and Leisure Propertie | 0.18% | 64,550 | $3.1M | Add +0.5% |
| PR Permian Resources Corp. Class A | 0.15% | 185,035 | $2.7M | Add +0.3% |
| APLE Apple Hospitality REIT Inc. | 0.15% | 169,772 | $2.6M | Add +0.3% |
| VTWG Vanguard Russell 2000 Growth | 0.14% | 11,305 | $2.4M | No change |
| MTCH Match Group Inc. | 0.13% | 70,425 | $2.3M | Add +0.3% |
| CSV Carriage Services Inc. | 0.13% | 57,020 | $2.3M | New |
| DINO HF Sinclair Corp. | 0.13% | 64,275 | $2.3M | Add +0.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.12% | 36,076 | $2.1M | Add +7.3% |
| LLY Eli Lilly & Co. | 0.12% | 2,619 | $2.0M | Add +0.3% |
| WEX Wex Inc. | 0.11% | 11,175 | $2.0M | Add +0.6% |
| OLN Olin Corp. | 0.11% | 55,800 | $1.9M | Add +0.5% |
| FUN Six Flags Entertainment Corp. | 0.10% | 36,385 | $1.8M | Reduce -9.0% |
| NVDA Nvidia Corp. | 0.09% | 12,203 | $1.6M | Add +18.5% |
| COST Costco Wholesale Corp. | 0.09% | 1,694 | $1.6M | Reduce -3.2% |
| EMR Emerson Electric Co. | 0.08% | 11,610 | $1.4M | New |
| IWM iShares Russell 2000 ETF | 0.08% | 6,267 | $1.4M | Reduce -2.0% |
Other holdings (5): bonds, preferreds, convertibles and warrants · $8.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,052 | $3.6M | Reduce -1.6% |
| BANK OF AMERICA CORP (BAC F PERP 02) | COM | 85,761 | $1.9M | Add +29.6% |
| M&T BANK CORPORATION (MTB 7.5 PERP J) | Common Stock | 59,500 | $1.6M | No change |
| REGIONS FINANCIAL CORP (RF V6.95 PERP) | Common Stock | 43,000 | $1.1M | Add +48.3% |
| ALLSTATE CORP (ALL 7.375 PERP J) | PERP PFD J | 18,000 | $479K | No change |
Total filed on the 13F, all lines: $1.7B.
Portfolio Sells Q3 2024 → Q4 2024
| CDP Copt Defense Properties | Reduce -99.0% | 0.02% | −1.52 |
| COP Conocophillips | Sold out | 0.00% | −1.49 |
| SYNA Synaptics Inc. | Sold out | 0.00% | −0.85 |
| CACI Caci International Inc. Class A | Reduce -5.5% | 1.82% | −0.57 |
| ALL Allstate Corp. | Reduce -17.7% | 1.68% | −0.32 |
| OUT Outfront Media Inc. | Sold out | 0.00% | −0.22 |
| LHX L3HARRIS Technologies Inc. | Reduce -6.6% | 0.92% | −0.19 |
| RTX RTX Corp. | Reduce -6.5% | 1.50% | −0.17 |
| VSH Vishay Intertechnology Inc. | Reduce -0.1% | 1.08% | −0.12 |
| DTM DT Midstream Inc. | Reduce -23.2% | 1.98% | −0.05 |
| BKLN Invesco Senior Loan ETF | Reduce -46.9% | 0.04% | −0.04 |
| ALE Allete Inc. | Reduce -4.4% | 1.13% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.02 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.01 |
| RACE Ferrari NV | Sold out | 0.00% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -3.9% | 0.24% | −0.01 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.01 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.01 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.01 |
| TXO Txo Partners LP | Reduce -24.8% | 0.02% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -15.7% | 0.03% | −0.01 |
| JNJ Johnson & Johnson | Reduce -3.2% | 0.05% | −0.01 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.01 |
| PFE Pfizer Inc. | Reduce -20.6% | 0.01% | −0.00 |
| VTES Vanguard SH Term Tax-Ex Bond | Reduce -24.3% | 0.01% | −0.00 |
| BKNG Booking Holdings Inc. | Reduce -24.0% | 0.02% | −0.00 |
| KVUE Kenvue Inc. | Reduce -5.3% | 0.02% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -4.3% | 0.02% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -2.0% | 0.08% | −0.00 |
| IWB iShares Russell 1000 ETF | Reduce -3.1% | 0.05% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -4.6% | 0.02% | +0.00 |
| WDAY Workday Inc. Class A | Reduce -3.7% | 0.01% | +0.00 |
| COST Costco Wholesale Corp. | Reduce -3.2% | 0.09% | +0.00 |
| BAC Bank of America Corp. | Reduce -8.8% | 0.04% | +0.00 |
| V Visa Inc. Class A | Reduce -9.4% | 0.03% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.3% | 0.31% | +0.00 |
| FUN Six Flags Entertainment Corp. | Reduce -9.0% | 0.10% | +0.01 |
| HWM Howmet Aerospace Inc. | Reduce -7.6% | 1.74% | +0.02 |
| VNOM Viper Energy Inc. | Reduce -1.1% | 0.44% | +0.03 |
| AAPL Apple Inc. | Reduce -0.9% | 1.08% | +0.07 |
| DAL Delta Air Lines Inc. | Reduce -1.1% | 2.44% | +0.38 |
Portfolio Buys Q3 2024 → Q4 2024
| CVS CVS Health Corp. | New | 1.02% | +1.02 |
| TXNM TXNM Energy Inc. | Add +392.5% | 1.16% | +0.95 |
| RHP Ryman Hospitality Properties | Add +643.2% | 1.00% | +0.86 |
| EA Electronic Arts Inc. | New | 0.80% | +0.80 |
| RJF Raymond James Financial Inc. | Add +0.8% | 2.56% | +0.57 |
| DFS Discover Financial Services | Add +0.4% | 2.44% | +0.48 |
| MS Morgan Stanley | Add +0.9% | 2.37% | +0.43 |
| JBTM JBT Marel Corp. | Add +1.1% | 1.79% | +0.43 |
| FISV Fiserv Inc. | Add +0.5% | 2.65% | +0.36 |
| TFC Truist Financial Corp. | Add +28.1% | 1.49% | +0.35 |
| JPM JPMorgan Chase & Co. | Add +1.0% | 2.39% | +0.32 |
| SONO Sonos Inc. | Add +0.9% | 1.45% | +0.28 |
| WBS Webster Financial Corp. | Add +0.7% | 1.64% | +0.27 |
| OUT Outfront Media Inc. | New | 0.22% | +0.22 |
| PRKS United Parks & Resorts Inc. | Add +0.9% | 1.80% | +0.20 |
| GOOG Alphabet Inc. Class C | Add +1.1% | 1.48% | +0.20 |
| AGCO Agco Corp. | New | 0.18% | +0.18 |
| WTW Willis Towers Watson PLC | Add +2.8% | 1.58% | +0.14 |
| CSV Carriage Services Inc. | New | 0.13% | +0.13 |
| ALK Alaska Air Group Inc. | Add +0.3% | 0.39% | +0.12 |
| VONG Vanguard Russell 1000 Growth | Add +0.4% | 1.34% | +0.10 |
| PNR Pentair PLC | Add +0.6% | 2.12% | +0.08 |
| EMR Emerson Electric Co. | New | 0.08% | +0.08 |
| PNC PNC Financial Services Group | Add +0.7% | 1.55% | +0.08 |
| AZO AutoZone Inc. | Add +0.9% | 2.38% | +0.07 |
| TTWO Take-Two Interactive Softwre | Add +0.9% | 0.34% | +0.06 |
| IGIC International General Insura | Add +0.3% | 0.26% | +0.05 |
| EVR Evercore Inc. Class A | Add +0.3% | 0.49% | +0.05 |
| MPLX MPLX LP | Add +0.1% | 0.59% | +0.05 |
| PRSU Pursuit Attractions and Hosp | Add +0.3% | 0.28% | +0.05 |
| SNV Synovus Financial Corp. | Add +0.3% | 0.31% | +0.04 |
| EPD Enterprise Products Partners | Add +0.5% | 0.51% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.0% | 0.70% | +0.04 |
| CG The Carlyle Group Inc. | Add +0.3% | 0.23% | +0.04 |
| AMZN Amazon.com Inc. | Add +0.9% | 0.20% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +0.5% | 0.20% | +0.03 |
| NVDA Nvidia Corp. | Add +18.5% | 0.09% | +0.02 |
| NFLX Netflix Inc. | Add +2.0% | 0.06% | +0.01 |
| META Meta Platforms Inc. Class A | New | 0.01% | +0.01 |
| UAL United Airlines Holdings Inc. | New | 0.01% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +20.8% | 0.05% | +0.01 |
| PR Permian Resources Corp. Class A | Add +0.3% | 0.15% | +0.01 |
| WAT Waters Corp. | Add +0.3% | 0.21% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +2.0% | 0.04% | +0.01 |
| APLE Apple Hospitality REIT Inc. | Add +0.3% | 0.15% | +0.01 |
| MUSA Murphy USA Inc. | Add +0.4% | 0.21% | +0.01 |
| AUB Atlantic Union Bankshares Co. | Add +0.7% | 0.29% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | Add +7.8% | 0.06% | +0.00 |
| ETN Eaton Corp. PLC | Add +33.0% | 0.02% | +0.00 |
| AXP American Express Co. | Add +1.2% | 0.04% | +0.00 |
Notes & Other Activity Q3 2024 → Q4 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -1.6% | 3,052 | $3.6M |
| BANK OF AMERICA CORP (BAC F PERP 02) | COM | Add +29.6% | 85,761 | $1.9M |
| REGIONS FINANCIAL CORP (RF V6.95 PERP) | Common Stock | Add +48.3% | 43,000 | $1.1M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 167 | $2.4B | DELL, MU, LRCX, TER, JBTM |
| Q1 2026 | 166 | $2.1B | JBTM, TER, JPM, XOM, RS |
| Q4 2025 | 169 | $2.0B | MS, JPM, HCA, JBTM, LRCX |
| Q3 2025 | 169 | $2.0B | JPM, HCA, MS, JBTM, RJF |
| Q2 2025 | 163 | $1.8B | JPM, RS, HCA, MS, RJF |
| Q1 2025 | 163 | $1.7B | AZO, FISV, RS, JPM, HCA |
| Q4 2024 | 166 | $1.7B | FISV, RJF, DAL, DFS, JPM |
| Q3 2024 | 168 | $1.7B | HCA, CSL, RS, CACI, AZO |
| Q2 2024 | 163 | $1.6B | RS, CSL, HCA, AZO, CACI |
| Q1 2024 | 169 | $1.6B | RS, AZO, CSL, HCA, RJF |