KCM Investment Advisors LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 29, 2024), KCM Investment Advisors LLC reported 364 stock positions worth $2.8 billion. Its top holding was Apple (AAPL) at 7.2% of the portfolio, followed by SS Technology Select Sector (XLK, 5.7%) and Microsoft (MSFT, 5.1%). Compared with Q1 2024, it opened 5 new positions, sold out of 15, added to 126 and reduced 152. The biggest buy was Alphabet Class A (GOOGL, shares +2%) and the biggest sale an exit from Laboratory CRP of Amer (LH).
- Most Recent 13F
- Q2 2026
- Location
- GREENBRAE, CA
- CIK
- 0001109228
- Portfolio Value
- $2.8B (Q2 2024)
- SEC Filing
- 0001941040-24-000302 ↗ filed Jul 29, 2024
Holdings Value
Holdings 364 stocks · $2.8B
| AAPL Apple Inc. | 7.17% | 941,647 | $198.3M | Reduce -0.8% |
| XLK SS Technology Select Sector | 5.73% | 701,216 | $158.6M | Reduce -0.1% |
| MSFT Microsoft Corp. | 5.12% | 317,017 | $141.7M | Reduce -0.9% |
| COST Costco Wholesale Corp. | 3.81% | 124,103 | $105.5M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 2.36% | 338,250 | $65.4M | Add +1.4% |
| VTI VG Morningstar TS MKT ETF-US | 2.15% | 222,377 | $59.5M | Add +0.1% |
| XLC SS Comm Select Sector SPDR | 1.99% | 641,988 | $55.0M | Add +0.9% |
| CVX Chevron Corp. | 1.91% | 337,117 | $52.7M | Add +1.7% |
| GOOGL Alphabet Inc. Class A | 1.87% | 284,185 | $51.8M | Add +1.6% |
| NVDA Nvidia Corp. | 1.75% | 391,190 | $48.3M | Reduce -0.3% |
| VGT Vanguard Info Tech ETF | 1.70% | 81,381 | $46.9M | Add +0.2% |
| XLV SS Health Care Select Sector | 1.66% | 315,472 | $46.0M | Add +1.3% |
| HD Home Depot Inc. | 1.65% | 132,581 | $45.6M | Add +0.4% |
| ADP Automatic Data Processing | 1.61% | 186,643 | $44.5M | Reduce -0.1% |
| V Visa Inc. Class A | 1.53% | 161,617 | $42.4M | Reduce -0.5% |
| WM Waste Management Inc. | 1.52% | 197,860 | $42.2M | Add +0.4% |
| XLY SS Consumer Disc Select Sect | 1.52% | 231,077 | $42.1M | Add +3.1% |
| WMT Walmart Inc. | 1.45% | 593,804 | $40.2M | Add +1.3% |
| PG The Procter & Gamble Co. | 1.31% | 220,570 | $36.4M | Reduce -1.6% |
| XLF SS Financial Select Sector | 1.30% | 872,467 | $35.9M | Add +2.2% |
| VOX Vanguard Communication Servi | 1.29% | 259,106 | $35.8M | Add +2.7% |
| VFH Vanguard Financials ETF | 1.29% | 357,292 | $35.7M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 1.29% | 176,281 | $35.7M | Add +0.3% |
| LLY Eli Lilly & Co. | 1.25% | 38,274 | $34.7M | Add +0.2% |
| TT Trane Technologies PLC | 1.23% | 103,406 | $34.0M | Add +0.2% |
| JNJ Johnson & Johnson | 1.22% | 231,531 | $33.8M | Reduce -2.1% |
| XLE SS Energy Select Sector | 1.17% | 356,282 | $32.5M | Add +2.0% |
| XLP SS Consumer Staples Sel Sect | 1.16% | 419,934 | $32.2M | Add +0.8% |
| XLI SS Industrial Select Sector | 1.13% | 256,084 | $31.2M | Add +1.0% |
| AMGN Amgen Inc. | 1.04% | 92,093 | $28.8M | Add +1.1% |
| VHT Vanguard Health Care ETF | 1.01% | 104,725 | $27.9M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 1.01% | 151,729 | $27.8M | Reduce -2.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.95% | 48,439 | $26.4M | Reduce -0.2% |
| NEE Nextera Energy Inc. | 0.94% | 368,287 | $26.1M | Reduce -0.5% |
| VCR Vanguard Consumer Discre ETF | 0.91% | 80,750 | $25.2M | Reduce -3.5% |
| BX Blackstone Inc. | 0.84% | 187,152 | $23.2M | Add +15.5% |
| DHR Danaher Corp. | 0.81% | 90,152 | $22.5M | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.74% | 42,477 | $20.4M | Add +3.6% |
| MCD McDonald's Corp. | 0.73% | 79,074 | $20.2M | Add +3.4% |
| UPS United Parcel Service Class B | 0.72% | 144,841 | $19.8M | Reduce -3.5% |
| VIS Vanguard Industrials ETF | 0.70% | 82,011 | $19.3M | Reduce -0.2% |
| ECL Ecolab Inc. | 0.68% | 78,782 | $18.8M | Reduce -0.9% |
| CAT Caterpillar Inc. | 0.66% | 54,514 | $18.2M | Reduce -1.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.60% | 416,949 | $16.6M | Reduce -3.8% |
| ABT Abbott Laboratories | 0.55% | 146,309 | $15.2M | Reduce -0.1% |
| CCI Crown Castle Inc. | 0.51% | 144,291 | $14.1M | Reduce -2.1% |
| ABBV Abbvie Inc. | 0.48% | 77,811 | $13.3M | Reduce -2.2% |
| KMB Kimberly-Clark Corp. | 0.48% | 96,214 | $13.3M | Reduce -2.0% |
| KLAC KLA Corp. | 0.48% | 15,989 | $13.2M | Reduce -2.1% |
| VZ Verizon Communications Inc. | 0.46% | 311,407 | $12.8M | Add +0.8% |
| AVGO Broadcom Inc. | 0.45% | 7,803 | $12.5M | Reduce -0.4% |
| SDY SS SPDR S&P Dividend ETF | 0.44% | 94,709 | $12.0M | Reduce -2.5% |
| APD Air Products & Chemicals Inc. | 0.43% | 46,426 | $12.0M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 29,337 | $11.9M | Add +2.7% |
| AMAT Applied Materials Inc. | 0.42% | 48,910 | $11.5M | Reduce -0.9% |
| VDC Vanguard Consumer Staple ETF | 0.42% | 56,798 | $11.5M | Reduce -0.1% |
| O Realty Income Corp. | 0.41% | 216,125 | $11.4M | Reduce -1.4% |
| AMD Advanced Micro Devices | 0.41% | 69,721 | $11.3M | Reduce -0.3% |
| SBUX Starbucks Corp. | 0.39% | 137,120 | $10.7M | Reduce -6.0% |
| NKE Nike Inc. Class B | 0.38% | 141,214 | $10.6M | Reduce -0.5% |
| EIX Edison International | 0.37% | 141,268 | $10.1M | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 0.36% | 19,722 | $10.0M | Reduce -0.9% |
| GPC Genuine Parts Co. | 0.34% | 68,842 | $9.5M | Add +4.3% |
| MRK Merck & Co. Inc. | 0.34% | 76,399 | $9.5M | Reduce -0.2% |
| VNQ Vanguard Real Estate ETF | 0.34% | 112,713 | $9.4M | Add +5.3% |
| LOW Lowe's Cos Inc. | 0.33% | 41,057 | $9.1M | Reduce -2.0% |
| XLB SS Materials Select Sector | 0.32% | 100,116 | $8.8M | Reduce -0.3% |
| VDE Vanguard Energy ETF | 0.31% | 66,989 | $8.5M | Reduce -0.4% |
| MDY State Street SPDR S&P Midcap | 0.30% | 15,758 | $8.4M | Reduce -1.4% |
| QCOM Qualcomm Inc. | 0.30% | 41,580 | $8.3M | Reduce -2.8% |
| VAW Vanguard Materials ETF | 0.29% | 41,254 | $7.9M | Add +1.4% |
| ACN Accenture PLC Class A | 0.28% | 25,537 | $7.7M | Add +10.8% |
| PEP Pepsico Inc. | 0.27% | 44,723 | $7.4M | Reduce -2.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.26% | 107,325 | $7.3M | Add +12.4% |
| SCHW Schwab (charles) Corp. | 0.26% | 97,616 | $7.2M | Add +2.1% |
| ELV Elevance Health Inc. | 0.26% | 13,271 | $7.2M | Reduce -0.2% |
| UNP Union Pacific Corp. | 0.25% | 31,003 | $7.0M | Reduce -6.1% |
| CL Colgate-Palmolive Co. | 0.23% | 66,771 | $6.5M | Reduce -3.6% |
| IVV iShares Core S&P 500 ETF | 0.23% | 11,828 | $6.5M | Reduce -4.4% |
| DVY iShares Select Dividend ETF | 0.23% | 51,997 | $6.3M | Reduce -0.7% |
| LIN Linde PLC | 0.22% | 14,004 | $6.1M | Add +3.0% |
| CTAS Cintas Corp. | 0.22% | 8,616 | $6.0M | Add +0.3% |
| CSL Carlisle Cos Inc. | 0.21% | 14,589 | $5.9M | Add +1.3% |
| SCCO Southern Copper Corp. | 0.21% | 54,204 | $5.8M | Add +174.9% |
| GD General Dynamics Corp. | 0.21% | 20,004 | $5.8M | Add +0.3% |
| CLX Clorox Company | 0.21% | 42,270 | $5.8M | Reduce -35.2% |
| SPGI S&P Global Inc. | 0.21% | 12,907 | $5.8M | Add +0.8% |
| ETN Eaton Corp. PLC | 0.20% | 17,889 | $5.6M | Add +2.1% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 9,792 | $5.4M | Reduce -4.8% |
| SCHD Schwab US DVD Equity ETF | 0.19% | 68,761 | $5.3M | Add +6.1% |
| FENY Fidelity MSCI Energy Index | 0.18% | 199,037 | $5.0M | Reduce -1.1% |
| VPU Vanguard Utilities ETF | 0.18% | 33,737 | $5.0M | Add +3.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 50,181 | $5.0M | Reduce -1.8% |
| PEG Public Service Enterprise GP | 0.18% | 67,327 | $5.0M | Add +0.3% |
| SCHB Schwab US Broad Market ETF | 0.18% | 77,594 | $4.9M | Add +5.0% |
| ADBE Adobe Inc. | 0.18% | 8,761 | $4.9M | Reduce -4.7% |
| ROST Ross Stores Inc. | 0.17% | 33,278 | $4.8M | Add +3.1% |
| CSCO Cisco Systems Inc. | 0.16% | 96,060 | $4.6M | Reduce -5.5% |
| PGX Invesco Preferred ETF | 0.15% | 370,583 | $4.3M | Reduce -14.1% |
| USB US Bancorp | 0.15% | 106,927 | $4.2M | Reduce -3.3% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $18.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 11,781 | $14.0M | Reduce -11.8% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,212 | $2.6M | Add +55.3% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 39,156 | $1.6M | New |
Total filed on the 13F, all lines: $2.8B.
Portfolio Sells Q1 2024 → Q2 2024
| LH Laboratory CRP of Amer Hldgs | Sold out | 0.00% | −0.27 |
| JNJ Johnson & Johnson | Reduce -2.1% | 1.22% | −0.17 |
| CLX Clorox Company | Reduce -35.2% | 0.21% | −0.16 |
| V Visa Inc. Class A | Reduce -0.5% | 1.53% | −0.15 |
| MDT Medtronic PLC | Reduce -62.1% | 0.06% | −0.13 |
| ADP Automatic Data Processing | Reduce -0.1% | 1.61% | −0.13 |
| UPS United Parcel Service Class B | Reduce -3.5% | 0.72% | −0.11 |
| NKE Nike Inc. Class B | Reduce -0.5% | 0.38% | −0.11 |
| SBUX Starbucks Corp. | Reduce -6.0% | 0.39% | −0.11 |
| CAT Caterpillar Inc. | Reduce -1.2% | 0.66% | −0.10 |
| VCR Vanguard Consumer Discre ETF | Reduce -3.5% | 0.91% | −0.08 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.07 |
| CCI Crown Castle Inc. | Reduce -2.1% | 0.51% | −0.07 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.55% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -2.0% | 0.33% | −0.07 |
| AMD Advanced Micro Devices | Reduce -0.3% | 0.41% | −0.06 |
| ABBV Abbvie Inc. | Reduce -2.2% | 0.48% | −0.06 |
| DIS The Walt Disney Co. | Reduce -1.8% | 0.18% | −0.05 |
| VHT Vanguard Health Care ETF | Reduce -0.4% | 1.01% | −0.05 |
| VIS Vanguard Industrials ETF | Reduce -0.2% | 0.70% | −0.05 |
| UNP Union Pacific Corp. | Reduce -6.1% | 0.25% | −0.05 |
| CRM Salesforce Inc. | Reduce -9.4% | 0.13% | −0.04 |
| TGT Target Corp. | Reduce -10.5% | 0.11% | −0.04 |
| IUSV iShares Core S&P U.S. Value | Sold out | 0.00% | −0.04 |
| SDY SS SPDR S&P Dividend ETF | Reduce -2.5% | 0.44% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 1.31% | −0.04 |
| PLD Prologis Inc. | Reduce -14.3% | 0.10% | −0.04 |
| PGX Invesco Preferred ETF | Reduce -14.1% | 0.15% | −0.04 |
| LULU Lululemon Athletica Inc. | Reduce -0.9% | 0.10% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 0.34% | −0.03 |
| PEP Pepsico Inc. | Reduce -2.0% | 0.27% | −0.03 |
| USB US Bancorp | Reduce -3.3% | 0.15% | −0.03 |
| DE Deere & Co. | Reduce -5.9% | 0.15% | −0.03 |
| INTC Intel Corp. | Reduce -7.9% | 0.05% | −0.03 |
| O Realty Income Corp. | Reduce -1.4% | 0.41% | −0.03 |
| DHR Danaher Corp. | Reduce -0.6% | 0.81% | −0.03 |
| XLB SS Materials Select Sector | Reduce -0.3% | 0.32% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.8% | 0.20% | −0.03 |
| MDY State Street SPDR S&P Midcap | Reduce -1.4% | 0.30% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -5.5% | 0.16% | −0.02 |
| ITW Illinois Tool Works | Reduce -8.2% | 0.08% | −0.02 |
| CVS CVS Health Corp. | Reduce -6.6% | 0.04% | −0.02 |
| VDE Vanguard Energy ETF | Reduce -0.4% | 0.31% | −0.02 |
| FITB Fifth Third Bancorp | Reduce -35.1% | 0.03% | −0.02 |
| TRV The Travelers Cos Inc. | Reduce -0.0% | 0.11% | −0.02 |
| FAST Fastenal Co. | Reduce -50.0% | 0.01% | −0.02 |
| MMM 3M Co. | Reduce -9.8% | 0.09% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -6.8% | 0.12% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -9.4% | 0.03% | −0.02 |
| LEN Lennar Corp. Class A | Reduce -5.5% | 0.07% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| GOOGL Alphabet Inc. Class A | Add +1.6% | 1.87% | +0.30 |
| LLY Eli Lilly & Co. | Add +0.2% | 1.25% | +0.15 |
| WMT Walmart Inc. | Add +1.3% | 1.45% | +0.14 |
| SCCO Southern Copper Corp. | Add +174.9% | 0.21% | +0.13 |
| AMZN Amazon.com Inc. | Add +1.4% | 2.36% | +0.12 |
| VGT Vanguard Info Tech ETF | Add +0.2% | 1.70% | +0.11 |
| TT Trane Technologies PLC | Add +0.2% | 1.23% | +0.08 |
| AMGN Amgen Inc. | Add +1.1% | 1.04% | +0.08 |
| TEL Te Connectivity Ltd. | New | 0.07% | +0.07 |
| VOX Vanguard Communication Servi | Add +2.7% | 1.29% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.6% | 0.74% | +0.06 |
| XLC SS Comm Select Sector SPDR | Add +0.9% | 1.99% | +0.05 |
| BX Blackstone Inc. | Add +15.5% | 0.84% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +12.4% | 0.26% | +0.03 |
| FCX Freeport-McMoran Inc. | Add +35.2% | 0.11% | +0.03 |
| ONEQ Fidelity Nasdaq Comp Indx | New | 0.03% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +37.2% | 0.08% | +0.02 |
| LHX L3HARRIS Technologies Inc. | Add +20.4% | 0.11% | +0.02 |
| APD Air Products & Chemicals Inc. | Add +0.6% | 0.43% | +0.02 |
| TEAM Atlassian Corp. Class A | Add +108.0% | 0.03% | +0.01 |
| CORT Corcept Therapeutics Inc. | Add +0.3% | 0.07% | +0.01 |
| IAU iShares Gold Trust | Add +132.4% | 0.02% | +0.01 |
| PEG Public Service Enterprise GP | Add +0.3% | 0.18% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +14.0% | 0.07% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.5% | 0.05% | +0.01 |
| TMUS T-Mobile US Inc. | Add +7.0% | 0.10% | +0.01 |
| ORCL Oracle Corp. | Add +1.4% | 0.10% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +5.0% | 0.18% | +0.01 |
| TTD Trade Desk Inc./the Class A | New | 0.01% | +0.01 |
| EMN Eastman Chemical Co. | New | 0.01% | +0.01 |
| VPU Vanguard Utilities ETF | Add +3.4% | 0.18% | +0.01 |
| PANW Palo Alto Networks Inc. | New | 0.01% | +0.01 |
| GLW Corning Inc. | Add +0.3% | 0.05% | +0.01 |
| BKNG Booking Holdings Inc. | Add +8.6% | 0.05% | +0.01 |
| IRM Iron Mountain Inc. | Add +1.1% | 0.07% | +0.01 |
| IWD iShares Russell 1000 Value E | Add +83.0% | 0.02% | +0.01 |
| XLG Invesco S&P 500 Top 50 ETF | Add +0.3% | 0.11% | +0.01 |
| SPGI S&P Global Inc. | Add +0.8% | 0.21% | +0.01 |
| ROP Roper Technologies Inc. | Add +9.8% | 0.08% | +0.01 |
| TXN Texas Instruments Inc. | Add +10.2% | 0.02% | +0.00 |
| CSL Carlisle Cos Inc. | Add +1.3% | 0.21% | +0.00 |
| SOXX iShares Semiconductor ETF | Add +23.7% | 0.01% | +0.00 |
| WMB Williams Cos Inc. | Add +2.9% | 0.04% | +0.00 |
| T AT&T Inc. | Add +8.6% | 0.03% | +0.00 |
| META Meta Platforms Inc. Class A | Add +1.9% | 0.12% | +0.00 |
| PM Philip Morris International | Add +15.4% | 0.02% | +0.00 |
| MCK McKesson Corp. | Add +4.5% | 0.03% | +0.00 |
| SCHW Schwab (charles) Corp. | Add +2.1% | 0.26% | +0.00 |
| CARR Carrier Global Corp. | Add +0.3% | 0.05% | +0.00 |
| OEF iShares S&P 100 ETF | Add +0.0% | 0.07% | +0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -11.8% | 11,781 | $14.0M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +55.3% | 2,212 | $2.6M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | New | 39,156 | $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 | 398 | $3.4B | XLK, AAPL, MSFT, COST, GOOGL |
| Q1 2026 | 391 | $3.0B | AAPL, XLK, COST, MSFT, GOOGL |
| Q4 2025 | 392 | $3.1B | AAPL, XLK, MSFT, COST, GOOGL |
| Q3 2025 | 381 | $3.1B | AAPL, XLK, MSFT, COST, AMZN |
| Q2 2025 | 375 | $3.0B | AAPL, XLK, MSFT, COST, XLC |
| Q1 2025 | 359 | $2.8B | AAPL, XLK, MSFT, COST, XLC |
| Q4 2024 | 364 | $2.9B | AAPL, XLK, MSFT, COST, AMZN |
| Q3 2024 | 370 | $2.9B | AAPL, XLK, MSFT, COST, VTI |
| Q2 2024 | 364 | $2.8B | AAPL, XLK, MSFT, COST, AMZN |
| Q1 2024 | 374 | $2.7B | AAPL, XLK, MSFT, COST, AMZN |