Deroy & Devereaux Private Investment Counsel Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Deroy & Devereaux Private Investment Counsel Inc. reported 166 stock positions worth $2.1 billion. Its top holding was JBT Marel (JBTM) at 2.4% of the portfolio, followed by Teradyne (TER, 2.4%) and JPMorgan Chase (JPM, 2.3%). Compared with Q4 2025, it opened 10 new positions, sold out of 13, added to 44 and reduced 73. The biggest buy was a new position in Labcorp (LH) and the biggest sale an exit from Webster Financial (WBS).

Most Recent 13F
Q2 2026
Location
BLOOMFIELD HILLS, MI
CIK
0001278678
Portfolio Value
$2.1B (Q1 2026)
SEC Filing
0001278678-26-000004 ↗ filed Apr 27, 2026

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 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 $2.1B Q1 2026 Q2 2026: $2.4B Q2 2026

Holdings 166 stocks · $2.1B
JBTM JBT Marel Corp. 2.38% 384,477 $49.2M Add +19.7%
TER Teradyne Inc. 2.37% 165,073 $48.9M Reduce -11.6%
JPM JPMorgan Chase & Co. 2.29% 161,057 $47.4M Reduce -0.8%
XOM Exxon Mobil Corp. 2.21% 268,720 $45.6M Reduce -2.3%
RS Reliance Inc. 2.16% 147,135 $44.7M Reduce -0.6%
HCA HCA Healthcare Inc. 2.15% 93,807 $44.4M Reduce -15.7%
DELL Dell Technologies -C 2.14% 269,198 $44.2M Reduce -0.6%
DTM DT Midstream Inc. 2.11% 323,922 $43.6M Reduce -1.8%
STX Seagate Technology Holdings 2.02% 106,694 $41.8M Reduce -20.9%
DAL Delta Air Lines Inc. 1.94% 604,391 $40.2M Add +14.7%
CACI Caci International Inc. Class A 1.94% 73,854 $40.2M Reduce -1.7%
CVX Chevron Corp. 1.93% 192,569 $39.8M Reduce -1.1%
CB Chubb Ltd. 1.85% 117,429 $38.3M Reduce -0.7%
LRCX Lam Research Corp. 1.84% 177,832 $38.0M Reduce -29.6%
MS Morgan Stanley 1.83% 230,468 $37.9M Reduce -23.9%
RJF Raymond James Financial Inc. 1.81% 258,209 $37.4M Reduce -0.1%
GOOG Alphabet Inc. Class C 1.71% 123,101 $35.3M Reduce -3.0%
BLBD Blue Bird Corp. 1.70% 620,344 $35.2M Reduce -1.0%
IDA Idacorp Inc. 1.68% 242,392 $34.7M Add +49.8%
BDX Becton Dickinson and Co. 1.67% 219,170 $34.5M Add +43.1%
AZO AutoZone Inc. 1.66% 10,157 $34.3M Reduce -0.3%
HON Honeywell International Inc. 1.60% 146,253 $33.1M Add +31.9%
SOLS Solstice Adv Materials Inc. 1.59% 430,176 $32.8M Reduce -0.4%
MDU Mdu Resources Group Inc. 1.56% 1,553,740 $32.2M Reduce -0.1%
RTX RTX Corp. 1.54% 164,965 $31.8M Reduce -1.5%
CSL Carlisle Cos Inc. 1.53% 95,098 $31.7M Reduce -0.2%
TFC Truist Financial Corp. 1.51% 677,954 $31.2M Reduce -0.5%
AMZN Amazon.com Inc. 1.50% 148,477 $30.9M Add +31.0%
PNR Pentair PLC 1.49% 352,494 $30.7M Reduce -0.1%
ANF Abercrombie & Fitch Co. Class A 1.41% 318,824 $29.1M Reduce -0.1%
PNW Pinnacle West Capital 1.35% 277,025 $27.9M Reduce -0.3%
PEP Pepsico Inc. 1.35% 179,598 $27.9M Reduce -0.5%
WM Waste Management Inc. 1.34% 120,579 $27.7M Add +0.2%
PNC PNC Financial Services Group 1.34% 133,013 $27.7M Reduce -1.0%
CVS CVS Health Corp. 1.33% 381,630 $27.4M Reduce -0.1%
TOL Toll Brothers Inc. 1.32% 199,230 $27.2M Reduce -0.7%
SONO Sonos Inc. 1.27% 1,954,566 $26.2M Reduce -1.2%
HWM Howmet Aerospace Inc. 1.26% 113,405 $26.1M Reduce -15.4%
LH Labcorp Holdings Inc. 1.26% 97,275 $26.0M New
LHX L3HARRIS Technologies Inc. 1.22% 73,045 $25.2M Reduce -1.0%
FHN First Horizon Corp. 1.22% 1,104,988 $25.1M New
BC Brunswick Corp. 1.22% 345,461 $25.1M Reduce -0.5%
MAS Masco Corp. 1.19% 407,197 $24.6M Reduce -0.1%
WTW Willis Towers Watson PLC 1.18% 83,852 $24.4M Reduce -0.3%
T AT&T Inc. 1.12% 799,125 $23.2M Add +3.2%
A Agilent Technologies Inc. 1.09% 196,880 $22.4M Add +47.6%
OI O-I Glass Inc. 1.07% 2,111,387 $22.2M Add +4.2%
AUB Atlantic Union Bankshares Co. 1.07% 616,040 $22.0M Add +418.9%
MU Micron Technology Inc. 1.00% 61,046 $20.6M Reduce -32.9%
RHP Ryman Hospitality Properties 0.99% 222,649 $20.5M Reduce -0.5%
COF Capital One Financial Corp. 0.98% 110,959 $20.2M Reduce -26.3%
FISV Fiserv Inc. 0.97% 360,227 $20.1M Add +105.1%
LKQ LKQ Corp. 0.96% 674,177 $19.8M Reduce -0.8%
CI The Cigna Group 0.96% 74,148 $19.8M Reduce -0.0%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.89% 191,295 $18.4M New
TTWO Take-Two Interactive Softwre 0.88% 91,987 $18.2M New
MSFT Microsoft Corp. 0.88% 48,978 $18.1M Reduce -0.5%
PGR Progressive Corp. 0.86% 89,882 $17.8M Reduce -0.5%
VSH Vishay Intertechnology Inc. 0.85% 975,493 $17.6M Reduce -0.5%
AAPL Apple Inc. 0.85% 68,936 $17.5M Reduce -2.5%
PRKS United Parks & Resorts Inc. 0.82% 520,835 $17.0M Reduce -0.9%
MPLX MPLX LP 0.63% 227,482 $13.0M No change
VONG Vanguard Russell 1000 Growth 0.61% 114,740 $12.6M Reduce -23.9%
EPD Enterprise Products Partners 0.54% 296,144 $11.2M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.36% 11,489 $7.5M Add +1.6%
FIX Comfort Systems USA Inc. 0.36% 5,351 $7.4M Reduce -16.6%
VTI VG Morningstar TS MKT ETF-US 0.33% 21,284 $6.8M Reduce -22.9%
UHS Universal Health Services-B 0.30% 34,425 $6.2M Add +0.4%
AGCO Agco Corp. 0.29% 51,026 $5.9M Add +0.8%
VNOM Viper Energy Inc. Class A 0.28% 122,020 $5.7M Reduce -8.4%
RYAM Rayonier Advanced Materials 0.27% 494,825 $5.5M New
CCK Crown Holdings Inc. 0.26% 54,505 $5.5M Add +23.6%
MKSI MKS Inc. 0.26% 23,630 $5.4M Add +0.3%
GOOGL Alphabet Inc. Class A 0.25% 18,077 $5.2M Add +2.9%
OUT Outfront Media Inc. 0.25% 194,390 $5.2M Reduce -3.0%
WAT Waters Corp. 0.23% 16,312 $4.9M Add +22.2%
EVR Evercore Inc. Class A 0.23% 16,090 $4.8M Reduce -33.5%
ALK Alaska Air Group Inc. 0.22% 123,160 $4.5M Add +23.8%
TCBX Third Coast Bancshares Inc. 0.22% 119,710 $4.5M Add +35.5%
WEX Wex Inc. 0.22% 29,375 $4.5M Add +33.8%
IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L 0.22% 185,110 $4.5M Add +0.5%
PSTL Postal Realty Trust Inc. Class A 0.21% 235,895 $4.4M Add +0.4%
VCSH Vanguard S/T Corp. Bond ETF 0.21% 53,835 $4.3M Add +7.4%
PRSU Pursuit Attractions and Hosp 0.20% 110,290 $4.0M Add +0.5%
IUSV iShares Core S&P U.S. Value 0.19% 39,278 $4.0M Add +6.4%
NWE Northwestern Energy Group Inc. 0.19% 60,695 $4.0M Add +0.5%
DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC 0.19% 99,415 $4.0M Add +0.3%
STE Steris PLC 0.18% 16,845 $3.7M Add +0.3%
ENOV Enovis Corp. 0.18% 160,910 $3.7M Add +46.3%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.17% 22,332 $3.5M Add +0.2%
CSV Carriage Services Inc. 0.17% 76,905 $3.5M Add +0.5%
CLH Clean Harbors Inc. 0.15% 10,925 $3.1M Add +0.5%
DINO HF Sinclair Corp. 0.14% 45,779 $2.9M Reduce -34.6%
GLPI Gaming and Leisure Propertie 0.14% 63,420 $2.8M Reduce -0.4%
CRC California Resources Corp. 0.13% 40,270 $2.8M Add +0.5%
TXO Txo Partners LP 0.13% 206,500 $2.6M Add +24.4%
MTCH Match Group Inc. 0.10% 68,825 $2.1M Add +0.5%
NVDA Nvidia Corp. 0.08% 9,323 $1.6M Reduce -4.5%
IWM iShares Russell 2000 ETF 0.07% 6,244 $1.5M Add +0.5%
VEU Vanguard Ftse All-World Ex-U 0.07% 19,196 $1.4M Reduce -24.9%
COST Costco Wholesale Corp. 0.07% 1,423 $1.4M Reduce -26.4%
ORLY O'reilly Automotive Inc. 0.07% 15,140 $1.4M No change
LLY Eli Lilly & Co. 0.07% 1,514 $1.4M Reduce -31.6%
VCIT Vanguard Int-Term Corporate 0.06% 16,028 $1.3M No change
JNJ Johnson & Johnson 0.06% 4,872 $1.2M Add +27.6%
META Meta Platforms Inc. Class A 0.06% 1,990 $1.1M Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B 0.05% 2,071 $992K Add +33.4%
IWB iShares Russell 1000 ETF 0.04% 2,573 $917K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 16,880 $823K No change
NFLX Netflix Inc. 0.04% 8,420 $810K Reduce -10.7%
QQQ Invesco QQQ Trust Series 1 0.04% 1,399 $807K Reduce -16.5%
AXP American Express Co. 0.04% 2,620 $792K Add +23.1%
GS Goldman Sachs Group Inc. 0.04% 875 $740K No change
ADI Analog Devices Inc. 0.04% 2,314 $736K No change
GWW WW Grainger Inc. 0.03% 652 $711K No change
CSCO Cisco Systems Inc. 0.03% 8,972 $696K Reduce -0.0%
VUSB Vanguard Ultra Short Bond Et 0.03% 13,810 $688K No change
VTWG Vanguard Russell 2000 Growth 0.03% 2,973 $681K Reduce -45.5%
SYK Stryker Corp. 0.03% 2,050 $674K Reduce -12.8%
ALL Allstate Corp. 0.03% 3,075 $638K Reduce -97.0%
VXUS Vanguard Total Intl Stock 0.03% 8,050 $621K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.03% 7,255 $577K No change
BKLN Invesco Senior Loan ETF 0.03% 26,775 $546K No change
NVS Novartis AG-Sponsored ADR 0.03% 3,492 $533K Add +69.3%
AVGO Broadcom Inc. 0.03% 1,694 $524K Add +2.2%
VTWO Vanguard Russell 2000 ETF 0.02% 5,026 $503K Reduce -50.9%
IWD iShares Russell 1000 Value E 0.02% 2,060 $440K No change
CAT Caterpillar Inc. 0.02% 619 $439K No change
V Visa Inc. Class A 0.02% 1,437 $434K Reduce -17.1%
HIG Hartford Insurance Group Inc. 0.02% 3,000 $406K No change
EFA iShares MSCI Eafe ETF 0.02% 4,050 $393K Reduce -72.3%
PRF Invesco Rafi US 1000 ETF 0.02% 8,002 $380K No change
WMT Walmart Inc. 0.02% 3,012 $374K No change
KBE SS SPDR S&P Bank ETF 0.02% 6,200 $369K No change
KO The Coca-Cola Co. 0.02% 4,764 $362K No change
VNQ Vanguard Real Estate ETF 0.02% 3,875 $344K Reduce -22.9%
VONV Vanguard Russell 1000 Value 0.02% 3,475 $326K No change
MRK Merck & Co. Inc. 0.02% 2,703 $325K No change
REGN Regeneron Pharmaceuticals 0.02% 410 $317K No change
FLOT iShares Floating Rate Bond E 0.01% 6,100 $311K No change
MTN Vail Resorts Inc. 0.01% 2,375 $305K Add +0.8%
HBAN Huntington Bancshares Inc. 0.01% 17,764 $278K No change
FANG Diamondback Energy Inc. 0.01% 1,400 $277K No change
FITB Fifth Third Bancorp 0.01% 5,746 $267K New
MCK McKesson Corp. 0.01% 300 $260K No change
VSDM Vanguard Short Tax-Ex Bond 0.01% 3,400 $259K No change
VCRM Vanguard Core Tax-Ex Bond 0.01% 3,400 $256K No change
PFE Pfizer Inc. 0.01% 8,925 $251K Reduce -7.8%
ETN Eaton Corp. PLC 0.01% 702 $251K Reduce -24.6%
PXF Invesco Rafi Developed Marke 0.01% 3,570 $250K No change
DE Deere & Co. 0.01% 430 $242K Reduce -4.4%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.01% 8,754 $239K No change
KEY Keycorp 0.01% 11,800 $237K No change
TTE Totalenergies SE 0.01% 2,600 $237K New
UNH Unitedhealth Group Inc. 0.01% 860 $233K Reduce -17.3%
VWO Vanguard Ftse Emerging Marke 0.01% 4,300 $232K No change
NSRGY Nestle SA-Spons ADR 0.01% 2,290 $227K New
IAU iShares Gold Trust 0.01% 2,500 $220K No change
FDX FedEx Corp. 0.01% 610 $217K New
VONE Vanguard Russell 1000 0.01% 725 $214K No change
KVUE Kenvue Inc. 0.01% 12,098 $209K No change
UAL United Airlines Holdings Inc. 0.01% 2,250 $207K No change
GLW Corning Inc. 0.01% 1,500 $204K New
GSY Invesco Ultra Short Duration 0.01% 4,000 $200K No change
APLE Apple Hospitality REIT Inc. 0.01% 10,400 $120K Reduce -27.8%
NIM Nuveen Select Maturit Muni 0.01% 11,500 $109K No change
Other holdings (7): bonds, preferreds, convertibles and warrants · $19.0M (not counted above)
SecurityClassShares / PrincipalValueChange
FIFTH THIRD BANCORP (FITB V6.875 PERP) PRD SER M 169,815$4.4MNew
REGIONS FINANCIAL CORP (RF V6.95 PERP) Common Stock 172,609$4.3MAdd +13.3%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 2,908$3.4MNo change
PUBLIC STORAGE (PSA 4.625 PERP L) COM 155,824$2.7MAdd +16.8%
M&T BANK CORPORATION (MTB 7.5 PERP J) Common Stock 73,170$1.9MReduce -0.7%
BANK OF AMERICA CORP (BAC F PERP 02) COM 96,918$1.9MAdd +0.5%
ALLSTATE CORP (ALL 7.375 PERP J) PERP PFD J 18,000$458KNo change

Total filed on the 13F, all lines: $2.1B.

Portfolio Sells Q4 2025 → Q1 2026
WBS Webster Financial Corp. Sold out 0.00% −1.54
EA Electronic Arts Inc. Sold out 0.00% −1.48
ALL Allstate Corp. Reduce -97.0% 0.03% −1.00
ZBH Zimmer Biomet Holdings Inc. Sold out 0.00% −0.91
COF Capital One Financial Corp. Reduce -26.3% 0.98% −0.81
MS Morgan Stanley Reduce -23.9% 1.83% −0.80
ANF Abercrombie & Fitch Co. Class A Reduce -0.1% 1.41% −0.56
SONO Sonos Inc. Reduce -1.2% 1.27% −0.44
HCA HCA Healthcare Inc. Reduce -15.7% 2.15% −0.40
PNR Pentair PLC Reduce -0.1% 1.49% −0.32
VONG Vanguard Russell 1000 Growth Reduce -23.9% 0.61% −0.29
MSFT Microsoft Corp. Reduce -0.5% 0.88% −0.29
LRCX Lam Research Corp. Reduce -29.6% 1.84% −0.29
MU Micron Technology Inc. Reduce -32.9% 1.00% −0.28
JPM JPMorgan Chase & Co. Reduce -0.8% 2.29% −0.28
GOOG Alphabet Inc. Class C Reduce -3.0% 1.71% −0.25
RJF Raymond James Financial Inc. Reduce -0.1% 1.81% −0.23
WTW Willis Towers Watson PLC Reduce -0.3% 1.18% −0.18
EVR Evercore Inc. Class A Reduce -33.5% 0.23% −0.17
CVS CVS Health Corp. Reduce -0.1% 1.33% −0.16
PGR Progressive Corp. Reduce -0.5% 0.86% −0.15
TFC Truist Financial Corp. Reduce -0.5% 1.51% −0.14
VTI VG Morningstar TS MKT ETF-US Reduce -22.9% 0.33% −0.12
PRKS United Parks & Resorts Inc. Reduce -0.9% 0.82% −0.11
AAPL Apple Inc. Reduce -2.5% 0.85% −0.10
HWM Howmet Aerospace Inc. Reduce -15.4% 1.26% −0.09
MAS Masco Corp. Reduce -0.1% 1.19% −0.08
EFA iShares MSCI Eafe ETF Reduce -72.3% 0.02% −0.05
LKQ LKQ Corp. Reduce -0.8% 0.96% −0.05
BC Brunswick Corp. Reduce -0.5% 1.22% −0.05
LLY Eli Lilly & Co. Reduce -31.6% 0.07% −0.05
RHP Ryman Hospitality Properties Reduce -0.5% 0.99% −0.05
CI The Cigna Group Reduce -0.0% 0.96% −0.05
PNC PNC Financial Services Group Reduce -1.0% 1.34% −0.04
AZO AutoZone Inc. Reduce -0.3% 1.66% −0.04
PANW Palo Alto Networks Inc. Sold out 0.00% −0.03
VTWG Vanguard Russell 2000 Growth Reduce -45.5% 0.03% −0.03
VTWO Vanguard Russell 2000 ETF Reduce -50.9% 0.02% −0.03
VEU Vanguard Ftse All-World Ex-U Reduce -24.9% 0.07% −0.02
MPWR Monolithic Power Systems Inc. Sold out 0.00% −0.02
CACI Caci International Inc. Class A Reduce -1.7% 1.94% −0.02
DINO HF Sinclair Corp. Reduce -34.6% 0.14% −0.02
TOL Toll Brothers Inc. Reduce -0.7% 1.32% −0.02
MCD McDonald's Corp. Sold out 0.00% −0.01
COST Costco Wholesale Corp. Reduce -26.4% 0.07% −0.01
SHW The Sherwin-Williams Co. Sold out 0.00% −0.01
MA Mastercard Inc. Class A Sold out 0.00% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -16.5% 0.04% −0.01
NVDA Nvidia Corp. Reduce -4.5% 0.08% −0.01
AMD Advanced Micro Devices Sold out 0.00% −0.01

Portfolio Buys Q4 2025 → Q1 2026
LH Labcorp Holdings Inc. New 1.26% +1.26
FHN First Horizon Corp. New 1.22% +1.22
SJM The JM Smucker Co. New 0.89% +0.89
TTWO Take-Two Interactive Softwre New 0.88% +0.88
AUB Atlantic Union Bankshares Co. Add +418.9% 1.07% +0.86
IDA Idacorp Inc. Add +49.8% 1.68% +0.67
HON Honeywell International Inc. Add +31.9% 1.60% +0.54
FISV Fiserv Inc. Add +105.1% 0.97% +0.39
RYAM Rayonier Advanced Materials New 0.27% +0.27
AMZN Amazon.com Inc. Add +31.0% 1.50% +0.21
BDX Becton Dickinson and Co. Add +43.1% 1.67% +0.21
A Agilent Technologies Inc. Add +47.6% 1.09% +0.19
T AT&T Inc. Add +3.2% 1.12% +0.18
DAL Delta Air Lines Inc. Add +14.7% 1.94% +0.15
MKSI MKS Inc. Add +0.3% 0.26% +0.08
WEX Wex Inc. Add +33.8% 0.22% +0.06
TCBX Third Coast Bancshares Inc. Add +35.5% 0.22% +0.05
CRC California Resources Corp. Add +0.5% 0.13% +0.05
WM Waste Management Inc. Add +0.2% 1.34% +0.04
CCK Crown Holdings Inc. Add +23.6% 0.26% +0.04
TXO Txo Partners LP Add +24.4% 0.13% +0.04
ENOV Enovis Corp. Add +46.3% 0.18% +0.03
AGCO Agco Corp. Add +0.8% 0.29% +0.03
CLH Clean Harbors Inc. Add +0.5% 0.15% +0.03
PSTL Postal Realty Trust Inc. Class A Add +0.4% 0.21% +0.03
DMC Del Monte Corp. Add +0.3% 0.19% +0.02
JNJ Johnson & Johnson Add +27.6% 0.06% +0.02
PRSU Pursuit Attractions and Hosp Add +0.5% 0.20% +0.01
FITB Fifth Third Bancorp New 0.01% +0.01
NVS Novartis AG-Sponsored ADR Add +69.3% 0.03% +0.01
TTE Totalenergies SE New 0.01% +0.01
CSV Carriage Services Inc. Add +0.5% 0.17% +0.01
NSRGY Nestle SA-Spons ADR New 0.01% +0.01
FDX FedEx Corp. New 0.01% +0.01
VCSH Vanguard S/T Corp. Bond ETF Add +7.4% 0.21% +0.01
GLW Corning Inc. New 0.01% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +33.4% 0.05% +0.01
IUSV iShares Core S&P U.S. Value Add +6.4% 0.19% +0.01
JBTM JBT Marel Corp. Add +19.7% 2.38% +0.00
NWE Northwestern Energy Group Inc. Add +0.5% 0.19% +0.00
IWM iShares Russell 2000 ETF Add +0.5% 0.07% −0.00
AXP American Express Co. Add +23.1% 0.04% −0.00
MTN Vail Resorts Inc. Add +0.8% 0.01% −0.00
AVGO Broadcom Inc. Add +2.2% 0.03% −0.00
MTCH Match Group Inc. Add +0.5% 0.10% −0.01
IGIC International General Insura Add +0.5% 0.22% −0.01
WAT Waters Corp. Add +22.2% 0.23% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +1.6% 0.36% −0.02
GOOGL Alphabet Inc. Class A Add +2.9% 0.25% −0.02
ALK Alaska Air Group Inc. Add +23.8% 0.22% −0.03

Notes & Other Activity Q4 2025 → Q1 2026
FIFTH THIRD BANCORP (FITB V6.875 PERP) PRD SER M New 169,815 $4.4M
REGIONS FINANCIAL CORP (RF V6.95 PERP) Common Stock Add +13.3% 172,609 $4.3M
COMERICA INC (CMA 6.875 PERP B) Bond Sold out 161,850 $4.2Mbefore exit
PUBLIC STORAGE (PSA 4.625 PERP L) COM Add +16.8% 155,824 $2.7M
M&T BANK CORPORATION (MTB 7.5 PERP J) Common Stock Reduce -0.7% 73,170 $1.9M
BANK OF AMERICA CORP (BAC F PERP 02) COM Add +0.5% 96,918 $1.9M

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