Fiduciary Counselling Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), Fiduciary Counselling Inc. reported 7 stock positions worth $35.9 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, 17.4%). Compared with Q4 2025, it opened 1 new position, sold out of 4 and reduced 2. The biggest buy was a new position in Rayonier (RYN) and the biggest sale an exit from Potlatchdeltic (PCH).

Most Recent 13F
Q2 2026
Location
SAINT PAUL, MN
CIK
0001270764
Portfolio Value
$35.9M (Q1 2026)
SEC Filing
0001140361-26-019017 ↗ filed May 5, 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 Q4 2025 Q1 2026: $35.9M $35.9M Q1 2026 Q2 2026: $40.6M Q2 2026

Holdings 7 stocks · $35.9M

IWB iShares Russell 1000 ETF 32.18% 32,448 $11.6M No change
BRK.A Berkshire Hathaway Inc. Class A 29.96% 15 $10.8M No change
WY Weyerhaeuser Co. 17.37% 255,639 $6.2M No change
RYN Rayonier Inc. 11.92% 207,884 $4.3M New
VTI VG Morningstar TS MKT ETF-US 7.27% 8,149 $2.6M Reduce -4.6%
XOP SS SPDR S&P Og Exp & Prod 1.02% 2,022 $368K No change
ESGE iShares Inc. iShares ESG Awar 0.26% 2,072 $94K Reduce -6.2%

Portfolio Sells Q4 2025 → Q1 2026

PCH Potlatchdeltic Corp. Sold out 0.00% −12.07
GE General Electric Sold out 0.00% −0.76
VTI VG Morningstar TS MKT ETF-US Reduce -4.6% 7.27% −0.33
GEV GE Vernova Inc. Sold out 0.00% −0.30
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.05
ESGE iShares Inc. iShares ESG Awar Reduce -6.2% 0.26% +0.00

Portfolio Buys Q4 2025 → Q1 2026

RYN Rayonier Inc. New 11.92% +11.92

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