Deroy & Devereaux Private Investment Counsel Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Deroy & Devereaux Private Investment Counsel Inc. reported 163 stock positions worth $1.7 billion. Its top holding was AutoZone (AZO) at 2.8% of the portfolio, followed by Fiserv (FISV, 2.8%) and Reliance (RS, 2.5%). Compared with Q4 2024, it opened 8 new positions, sold out of 11, added to 51 and reduced 75. The biggest buy was a new position in AT&T (T) and the biggest sale Delta Air Lines (DAL, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMFIELD HILLS, MI
- CIK
- 0001278678
- Portfolio Value
- $1.7B (Q1 2025)
- SEC Filing
- 0001278678-25-000006 ↗ filed Apr 29, 2025
Holdings Value
Holdings 163 stocks · $1.7B
| AZO AutoZone Inc. | 2.85% | 12,807 | $48.8M | Reduce -0.9% |
| FISV Fiserv Inc. | 2.84% | 220,769 | $48.8M | Reduce -1.5% |
| RS Reliance Inc. | 2.53% | 150,245 | $43.4M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 2.45% | 171,147 | $42.0M | Reduce -1.2% |
| HCA HCA Healthcare Inc. | 2.42% | 120,118 | $41.5M | Reduce -0.6% |
| RJF Raymond James Financial Inc. | 2.34% | 288,322 | $40.1M | Add +0.7% |
| MS Morgan Stanley | 2.20% | 322,512 | $37.6M | Reduce -1.5% |
| CB Chubb Ltd. | 2.16% | 122,686 | $37.0M | Reduce -0.7% |
| CSL Carlisle Cos Inc. | 1.97% | 99,117 | $33.7M | Add +0.4% |
| XOM Exxon Mobil Corp. | 1.96% | 282,634 | $33.6M | Reduce -0.7% |
| DTM DT Midstream Inc. | 1.94% | 345,502 | $33.3M | Add +0.0% |
| CVX Chevron Corp. | 1.94% | 198,662 | $33.2M | Reduce -0.7% |
| LKQ LKQ Corp. | 1.94% | 780,580 | $33.2M | Add +37.3% |
| PNR Pentair PLC | 1.87% | 365,658 | $32.0M | Reduce -0.1% |
| BDX Becton Dickinson and Co. | 1.79% | 133,611 | $30.6M | Reduce -0.5% |
| JBTM JBT Marel Corp. | 1.75% | 245,422 | $30.0M | Add +0.1% |
| RTX RTX Corp. | 1.72% | 222,616 | $29.5M | Reduce -1.0% |
| WTW Willis Towers Watson PLC | 1.71% | 86,959 | $29.4M | Reduce -0.9% |
| TFC Truist Financial Corp. | 1.68% | 700,155 | $28.8M | Add +17.8% |
| MAS Masco Corp. | 1.68% | 414,031 | $28.8M | Reduce -0.3% |
| CACI Caci International Inc. Class A | 1.67% | 77,964 | $28.6M | Reduce -0.1% |
| EA Electronic Arts Inc. | 1.66% | 197,304 | $28.5M | Add +108.5% |
| DOX Amdocs Ltd. | 1.60% | 299,999 | $27.4M | Reduce -0.4% |
| ORCL Oracle Corp. | 1.57% | 192,719 | $26.9M | Reduce -0.8% |
| CVS CVS Health Corp. | 1.55% | 392,254 | $26.6M | Reduce -0.6% |
| WBS Webster Financial Corp. | 1.55% | 515,105 | $26.6M | Reduce -0.1% |
| DFS Discover Financial Services | 1.55% | 155,376 | $26.5M | Reduce -36.5% |
| PGR Progressive Corp. | 1.53% | 92,750 | $26.2M | Reduce -0.6% |
| TXNM TXNM Energy Inc. | 1.50% | 479,754 | $25.7M | Add +17.5% |
| DELL Dell Technologies -C | 1.50% | 281,422 | $25.7M | Add +33.1% |
| PRKS United Parks & Resorts Inc. | 1.48% | 556,918 | $25.3M | Add +0.3% |
| HWM Howmet Aerospace Inc. | 1.47% | 193,997 | $25.2M | Reduce -29.6% |
| CI The Cigna Group | 1.45% | 75,303 | $24.8M | Reduce -0.7% |
| PNC PNC Financial Services Group | 1.41% | 137,866 | $24.2M | Reduce -1.0% |
| ZBH Zimmer Biomet Holdings Inc. | 1.40% | 212,307 | $24.0M | Reduce -0.3% |
| DAL Delta Air Lines Inc. | 1.38% | 543,118 | $23.7M | Reduce -22.6% |
| T AT&T Inc. | 1.30% | 786,135 | $22.2M | New |
| WM Waste Management Inc. | 1.29% | 95,178 | $22.0M | Reduce -0.9% |
| ALL Allstate Corp. | 1.25% | 103,437 | $21.4M | Reduce -31.6% |
| MU Micron Technology Inc. | 1.22% | 240,877 | $20.9M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 1.22% | 133,926 | $20.9M | Reduce -0.8% |
| BLBD Blue Bird Corp. | 1.22% | 643,596 | $20.8M | Add +0.4% |
| RHP Ryman Hospitality Properties | 1.18% | 220,528 | $20.2M | Add +33.1% |
| VONG Vanguard Russell 1000 Growth | 1.16% | 214,170 | $19.9M | Reduce -4.7% |
| LRCX Lam Research Corp. | 1.12% | 262,958 | $19.1M | Reduce -1.1% |
| PEP Pepsico Inc. | 1.09% | 124,623 | $18.7M | Reduce -0.8% |
| MSFT Microsoft Corp. | 1.07% | 48,973 | $18.4M | Add +5.2% |
| ALE Allete Inc. | 1.07% | 279,069 | $18.3M | Reduce -8.0% |
| SONO Sonos Inc. | 1.04% | 1,670,816 | $17.8M | Reduce -0.0% |
| VSH Vishay Intertechnology Inc. | 1.03% | 1,109,397 | $17.6M | Add +0.2% |
| AAPL Apple Inc. | 0.96% | 74,041 | $16.4M | Reduce -0.9% |
| A Agilent Technologies Inc. | 0.94% | 138,410 | $16.2M | Reduce -0.6% |
| LHX L3HARRIS Technologies Inc. | 0.93% | 75,830 | $15.9M | Reduce -0.4% |
| TOL Toll Brothers Inc. | 0.92% | 149,915 | $15.8M | New |
| BC Brunswick Corp. | 0.89% | 284,475 | $15.3M | Add +38.8% |
| TER Teradyne Inc. | 0.89% | 183,822 | $15.2M | Reduce -0.1% |
| MDLZ Mondelez International Inc. Class A | 0.83% | 208,550 | $14.2M | Reduce -41.1% |
| MPLX MPLX LP | 0.68% | 217,039 | $11.6M | Add +1.3% |
| EPD Enterprise Products Partners | 0.57% | 284,960 | $9.7M | Add +1.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.50% | 31,429 | $8.6M | Reduce -24.7% |
| UHS Universal Health Services-B | 0.40% | 36,385 | $6.8M | Add +3.4% |
| VNOM Viper Energy Inc. | 0.38% | 144,900 | $6.5M | Reduce -6.8% |
| EVR Evercore Inc. Class A | 0.37% | 31,710 | $6.3M | Add +3.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 9,505 | $5.3M | Add +4.1% |
| IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L | 0.30% | 195,890 | $5.2M | Add +3.2% |
| SNV Synovus Financial Corp. | 0.29% | 106,755 | $5.0M | Add +3.2% |
| TTWO Take-Two Interactive Softwre | 0.25% | 20,483 | $4.2M | Reduce -35.7% |
| CCK Crown Holdings Inc. | 0.24% | 46,900 | $4.2M | Add +3.2% |
| PRSU Pursuit Attractions and Hosp | 0.24% | 116,775 | $4.1M | Add +3.2% |
| NOMD Nomad Foods Ltd. | 0.24% | 210,190 | $4.1M | Add +3.4% |
| ALK Alaska Air Group Inc. | 0.24% | 82,780 | $4.1M | Reduce -20.8% |
| STE Steris PLC | 0.24% | 17,830 | $4.0M | Add +2.7% |
| IUSV iShares Core S&P U.S. Value | 0.22% | 41,748 | $3.9M | Add +3.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.22% | 47,890 | $3.8M | Reduce -10.2% |
| NWE Northwestern Energy Group Inc. | 0.22% | 64,615 | $3.7M | Add +3.0% |
| WAT Waters Corp. | 0.21% | 9,935 | $3.7M | Add +3.4% |
| CG The Carlyle Group Inc. | 0.21% | 83,455 | $3.6M | Add +3.3% |
| MUSA Murphy USA Inc. | 0.21% | 7,645 | $3.6M | Add +2.9% |
| OUT Outfront Media Inc. | 0.20% | 212,014 | $3.4M | Add +0.4% |
| GLPI Gaming and Leisure Propertie | 0.20% | 66,220 | $3.4M | Add +2.6% |
| HSIC Henry Schein Inc. | 0.20% | 48,940 | $3.4M | Add +2.9% |
| AGCO Agco Corp. | 0.19% | 34,865 | $3.2M | Add +3.7% |
| CSV Carriage Services Inc. | 0.18% | 81,365 | $3.2M | Add +42.7% |
| FIX Comfort Systems USA Inc. | 0.18% | 9,669 | $3.1M | New |
| AMZN Amazon.com Inc. | 0.18% | 16,017 | $3.0M | Reduce -0.3% |
| AUB Atlantic Union Bankshares Co. | 0.17% | 92,655 | $2.9M | Reduce -30.2% |
| GOOGL Alphabet Inc. Class A | 0.17% | 18,374 | $2.8M | Reduce -0.9% |
| PR Permian Resources Corp. Class A | 0.16% | 192,790 | $2.7M | Add +4.2% |
| MTCH Match Group Inc. | 0.13% | 72,865 | $2.3M | Add +3.5% |
| APLE Apple Hospitality REIT Inc. | 0.13% | 174,992 | $2.3M | Add +3.1% |
| LLY Eli Lilly & Co. | 0.13% | 2,664 | $2.2M | Add +1.7% |
| DINO HF Sinclair Corp. | 0.13% | 66,320 | $2.2M | Add +3.2% |
| SKX Skechers USA Inc. Class A | 0.12% | 36,680 | $2.1M | New |
| VEU Vanguard Ftse All-World Ex-U | 0.12% | 32,606 | $2.0M | Reduce -9.6% |
| VTWG Vanguard Russell 2000 Growth | 0.11% | 10,320 | $1.9M | Reduce -8.7% |
| COST Costco Wholesale Corp. | 0.09% | 1,650 | $1.6M | Reduce -2.6% |
| ORLY O'reilly Automotive Inc. | 0.09% | 1,076 | $1.5M | No change |
| OLN Olin Corp. | 0.08% | 57,760 | $1.4M | Add +3.5% |
| EMR Emerson Electric Co. | 0.08% | 12,060 | $1.3M | Add +3.9% |
| IWM iShares Russell 2000 ETF | 0.07% | 6,442 | $1.3M | Add +2.8% |
Other holdings (5): bonds, preferreds, convertibles and warrants · $9.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,989 | $3.6M | Reduce -2.1% |
| BANK OF AMERICA CORP (BAC F PERP 02) | COM | 85,761 | $1.9M | No change |
| REGIONS FINANCIAL CORP (RF V6.95 PERP) | Common Stock | 64,000 | $1.6M | Add +48.8% |
| M&T BANK CORPORATION (MTB 7.5 PERP J) | Common Stock | 59,500 | $1.6M | No change |
| ALLSTATE CORP (ALL 7.375 PERP J) | PERP PFD J | 18,000 | $471K | No change |
Total filed on the 13F, all lines: $1.7B.
Portfolio Sells Q4 2024 → Q1 2025
| DAL Delta Air Lines Inc. | Reduce -22.6% | 1.38% | −1.06 |
| VICI Vici Properties Inc. | Reduce -98.0% | 0.02% | −0.92 |
| DFS Discover Financial Services | Reduce -36.5% | 1.55% | −0.90 |
| TER Teradyne Inc. | Reduce -0.1% | 0.89% | −0.45 |
| ALL Allstate Corp. | Reduce -31.6% | 1.25% | −0.43 |
| SONO Sonos Inc. | Reduce -0.0% | 1.04% | −0.41 |
| MDLZ Mondelez International Inc. Class A | Reduce -41.1% | 0.83% | −0.39 |
| ORCL Oracle Corp. | Reduce -0.8% | 1.57% | −0.29 |
| HWM Howmet Aerospace Inc. | Reduce -29.6% | 1.47% | −0.27 |
| GOOG Alphabet Inc. Class C | Reduce -0.8% | 1.22% | −0.26 |
| PNR Pentair PLC | Reduce -0.1% | 1.87% | −0.26 |
| REYN Reynolds Consumer Products I | Sold out | 0.00% | −0.21 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -24.7% | 0.50% | −0.19 |
| VONG Vanguard Russell 1000 Growth | Reduce -4.7% | 1.16% | −0.18 |
| MS Morgan Stanley | Reduce -1.5% | 2.20% | −0.17 |
| ALK Alaska Air Group Inc. | Reduce -20.8% | 0.24% | −0.15 |
| CACI Caci International Inc. Class A | Reduce -0.1% | 1.67% | −0.15 |
| A Agilent Technologies Inc. | Reduce -0.6% | 0.94% | −0.13 |
| PNC PNC Financial Services Group | Reduce -1.0% | 1.41% | −0.13 |
| AUB Atlantic Union Bankshares Co. | Reduce -30.2% | 0.17% | −0.12 |
| AAPL Apple Inc. | Reduce -0.9% | 0.96% | −0.12 |
| WEX Wex Inc. | Sold out | 0.00% | −0.11 |
| WBS Webster Financial Corp. | Reduce -0.1% | 1.55% | −0.09 |
| TTWO Take-Two Interactive Softwre | Reduce -35.7% | 0.25% | −0.09 |
| ALE Allete Inc. | Reduce -8.0% | 1.07% | −0.06 |
| VNOM Viper Energy Inc. | Reduce -6.8% | 0.38% | −0.06 |
| MAS Masco Corp. | Reduce -0.3% | 1.68% | −0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -0.9% | 0.17% | −0.04 |
| FUN Six Flags Entertainment Corp. | Reduce -13.7% | 0.07% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -46.6% | 0.03% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 0.18% | −0.03 |
| VTWG Vanguard Russell 2000 Growth | Reduce -8.7% | 0.11% | −0.02 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.02 |
| NVDA Nvidia Corp. | Reduce -4.1% | 0.07% | −0.02 |
| GD General Dynamics Corp. | Reduce -59.2% | 0.01% | −0.02 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -10.2% | 0.22% | −0.02 |
| PXF Invesco Rafi Developed Marke | Sold out | 0.00% | −0.02 |
| CDP Copt Defense Properties | Sold out | 0.00% | −0.02 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.01 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.01 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.01 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.01 |
| HUBB Hubbell Inc. | Sold out | 0.00% | −0.01 |
| PINE Alpine Income Property Trust | Reduce -34.8% | 0.02% | −0.01 |
| PEP Pepsico Inc. | Reduce -0.8% | 1.09% | −0.01 |
| MPWR Monolithic Power Systems Inc. | Reduce -33.3% | 0.02% | −0.01 |
| VNQ Vanguard Real Estate ETF | Reduce -23.6% | 0.03% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -4.5% | 0.05% | −0.01 |
| VTWO Vanguard Russell 2000 ETF | Reduce -1.5% | 0.06% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| T AT&T Inc. | New | 1.30% | +1.30 |
| TOL Toll Brothers Inc. | New | 0.92% | +0.92 |
| EA Electronic Arts Inc. | Add +108.5% | 1.66% | +0.87 |
| LKQ LKQ Corp. | Add +37.3% | 1.94% | +0.73 |
| TXNM TXNM Energy Inc. | Add +17.5% | 1.50% | +0.34 |
| RS Reliance Inc. | Add +0.1% | 2.53% | +0.20 |
| TFC Truist Financial Corp. | Add +17.8% | 1.68% | +0.20 |
| FIX Comfort Systems USA Inc. | New | 0.18% | +0.18 |
| RHP Ryman Hospitality Properties | Add +33.1% | 1.18% | +0.18 |
| BC Brunswick Corp. | Add +38.8% | 0.89% | +0.13 |
| SKX Skechers USA Inc. Class A | New | 0.12% | +0.12 |
| DELL Dell Technologies -C | Add +33.1% | 1.50% | +0.09 |
| MPLX MPLX LP | Add +1.3% | 0.68% | +0.09 |
| EPD Enterprise Products Partners | Add +1.6% | 0.57% | +0.06 |
| CSV Carriage Services Inc. | Add +42.7% | 0.18% | +0.05 |
| NOMD Nomad Foods Ltd. | Add +3.4% | 0.24% | +0.04 |
| IGIC International General Insura | Add +3.2% | 0.30% | +0.04 |
| UHS Universal Health Services-B | Add +3.4% | 0.40% | +0.04 |
| STE Steris PLC | Add +2.7% | 0.24% | +0.03 |
| CCK Crown Holdings Inc. | Add +3.2% | 0.24% | +0.03 |
| NWE Northwestern Energy Group Inc. | Add +3.0% | 0.22% | +0.03 |
| GLPI Gaming and Leisure Propertie | Add +2.6% | 0.20% | +0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.01% | +0.01 |
| NVS Novartis AG-Sponsored ADR | New | 0.01% | +0.01 |
| NOC Northrop Grumman Corp. | New | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | Add +1.7% | 0.13% | +0.01 |
| MCK McKesson Corp. | New | 0.01% | +0.01 |
| IUSV iShares Core S&P U.S. Value | Add +3.6% | 0.22% | +0.01 |
| TXO Txo Partners LP | Add +28.2% | 0.03% | +0.01 |
| WAT Waters Corp. | Add +3.4% | 0.21% | +0.01 |
| AGCO Agco Corp. | Add +3.7% | 0.19% | +0.01 |
| HSIC Henry Schein Inc. | Add +2.9% | 0.20% | +0.01 |
| VCIT Vanguard Int-Term Corporate | Add +2.9% | 0.05% | +0.00 |
| PR Permian Resources Corp. Class A | Add +4.2% | 0.16% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.1% | 0.31% | +0.00 |
| BAC Bank of America Corp. | Add +8.0% | 0.04% | +0.00 |
| PFE Pfizer Inc. | Add +9.8% | 0.01% | +0.00 |
| MTCH Match Group Inc. | Add +3.5% | 0.13% | 0.00 |
| IWB iShares Russell 1000 ETF | Add +1.2% | 0.05% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.0% | 0.05% | −0.00 |
| DINO HF Sinclair Corp. | Add +3.2% | 0.13% | −0.00 |
| IWM iShares Russell 2000 ETF | Add +2.8% | 0.07% | −0.00 |
| MUSA Murphy USA Inc. | Add +2.9% | 0.21% | −0.01 |
| EMR Emerson Electric Co. | Add +3.9% | 0.08% | −0.01 |
| SNV Synovus Financial Corp. | Add +3.2% | 0.29% | −0.01 |
| OUT Outfront Media Inc. | Add +0.4% | 0.20% | −0.02 |
| APLE Apple Hospitality REIT Inc. | Add +3.1% | 0.13% | −0.02 |
| CG The Carlyle Group Inc. | Add +3.3% | 0.21% | −0.02 |
| OLN Olin Corp. | Add +3.5% | 0.08% | −0.03 |
| DTM DT Midstream Inc. | Add +0.0% | 1.94% | −0.03 |
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -2.1% | 2,989 | $3.6M |
| REGIONS FINANCIAL CORP (RF V6.95 PERP) | Common Stock | Add +48.8% | 64,000 | $1.6M |
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 |