Fiduciary Counselling Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Fiduciary Counselling Inc. reported 7 stock positions worth $37.5 million. Its top holding was iShares Russell 1000 ETF (IWB) at 31.6% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 30.2%) and Weyerhaeuser (WY, 17.0%). Compared with Q2 2025, it added to 3. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +32%).

Most Recent 13F
Q2 2026
Location
SAINT PAUL, MN
CIK
0001270764
Portfolio Value
$37.5M (Q3 2025)
SEC Filing
0001140361-25-041074 ↗ filed Nov 7, 2025

Holdings Value

0$10.0M$20.0M$30.0M$40.0M$50.0M Q1 2024: $36.6M Q1 2024 Q2 2024: $35.1M Q2 2024 Q3 2024: $39.1M Q3 2024 Q4 2024: $37.3M Q4 2024 Q1 2025: $40.7M Q1 2025 Q2 2025: $35.4M Q2 2025 Q3 2025: $37.5M $37.5M Q3 2025 Q4 2025: $37.7M Q4 2025 Q1 2026: $35.9M Q1 2026 Q2 2026: $40.6M Q2 2026

Holdings 7 stocks · $37.5M
IWB iShares Russell 1000 ETF 31.62% 32,448 $11.9M No change
BRK.A Berkshire Hathaway Inc. Class A 30.16% 15 $11.3M No change
WY Weyerhaeuser Co. 16.98% 256,916 $6.4M Add +0.1%
PCH Potlatchdeltic Corp. 12.77% 117,512 $4.8M Add +0.2%
VTI VG Morningstar TS MKT ETF-US 7.47% 8,538 $2.8M Add +31.7%
XOP SS SPDR S&P Og Exp & Prod 0.71% 2,022 $267K No change
ESGE iShares Inc. iShares ESG Awar 0.29% 2,515 $109K No change

Portfolio Sells Q2 2025 → Q3 2025
None this quarter.

Portfolio Buys Q2 2025 → Q3 2025
VTI VG Morningstar TS MKT ETF-US Add +31.7% 7.47% +1.90
PCH Potlatchdeltic Corp. Add +0.2% 12.77% +0.05
WY Weyerhaeuser Co. Add +0.1% 16.98% −1.66

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$40.6MIWB, BRK.A, WY, RYN, VTI
Q1 2026 7$35.9MIWB, BRK.A, WY, RYN, VTI
Q4 2025 10$37.7MIWB, BRK.A, WY, PCH, VTI
Q3 2025 7$37.5MIWB, BRK.A, WY, PCH, VTI
Q2 2025 7$35.4MIWB, BRK.A, WY, PCH, VTI
Q1 2025 8$40.7MBRK.A, IWB, WY, PCH, VOO
Q4 2024 12$37.3MBRK.A, IWB, WY, PCH, VOO
Q3 2024 9$39.1MBRK.A, IWB, WY, PCH, VOO
Q2 2024 9$35.1MIWB, BRK.A, WY, PCH, VOO
Q1 2024 9$36.6MBRK.A, WY, IWB, PCH, VOO