Fiduciary Counselling Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Fiduciary Counselling Inc. reported 10 stock positions worth $37.7 million. Its top holding was iShares Russell 1000 ETF (IWB) at 32.2% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 30.0%) and Weyerhaeuser (WY, 16.1%). Compared with Q3 2025, it opened 3 new positions and reduced 3. The biggest buy was a new position in General Electric (GE) and the biggest sale Weyerhaeuser (WY, shares −1%).

Most Recent 13F
Q2 2026
Location
SAINT PAUL, MN
CIK
0001270764
Portfolio Value
$37.7M (Q4 2025)
SEC Filing
0001140361-26-003498 ↗ filed Feb 3, 2026

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 Q3 2025 Q4 2025: $37.7M $37.7M Q4 2025 Q1 2026: $35.9M Q1 2026 Q2 2026: $40.6M Q2 2026

Holdings 10 stocks · $37.7M

IWB iShares Russell 1000 ETF 32.16% 32,448 $12.1M No change
BRK.A Berkshire Hathaway Inc. Class A 30.05% 15 $11.3M No change
WY Weyerhaeuser Co. 16.07% 255,639 $6.1M Reduce -0.5%
PCH Potlatchdeltic Corp. 12.07% 114,319 $4.5M Reduce -2.7%
VTI VG Morningstar TS MKT ETF-US 7.60% 8,538 $2.9M No change
GE General Electric filed as GE AEROSPACE 0.76% 930 $286K New
XOP SS SPDR S&P Og Exp & Prod 0.68% 2,022 $255K No change
GEV GE Vernova Inc. 0.30% 175 $114K New
ESGE iShares Inc. iShares ESG Awar 0.26% 2,209 $98K Reduce -12.2%
BRK.B Berkshire Hathaway Inc. Class B 0.05% 40 $20K New

Portfolio Sells Q3 2025 → Q4 2025

WY Weyerhaeuser Co. Reduce -0.5% 16.07% −0.91
PCH Potlatchdeltic Corp. Reduce -2.7% 12.07% −0.70
ESGE iShares Inc. iShares ESG Awar Reduce -12.2% 0.26% −0.03

Portfolio Buys Q3 2025 → Q4 2025

GE General Electric New 0.76% +0.76
GEV GE Vernova Inc. New 0.30% +0.30
BRK.B Berkshire Hathaway Inc. Class B New 0.05% +0.05

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