Kensington Investment Counsel, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Kensington Investment Counsel, LLC reported 108 stock positions worth $226.1 million. Its top holding was Microsoft (MSFT) at 5.5% of the portfolio, followed by Apple (AAPL, 5.3%) and Williams-Sonoma (WSM, 4.2%). Compared with Q1 2024, it opened 14 new positions, sold out of 3, added to 58 and reduced 27. The biggest buy was a new position in Enerpac Tool (EPAC) and the biggest sale an exit from Bristol-Myers Squibb (BMY).

Most Recent 13F
Q2 2026
Location
LONG BEACH, CA
CIK
0001845536
Portfolio Value
$226.1M (Q2 2024)
SEC Filing
0001845536-24-000003 ↗ filed Aug 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $218.9M Q1 2024 Q2 2024: $226.1M $226.1M Q2 2024 Q3 2024: $239.4M Q3 2024 Q4 2024: $239.7M Q4 2024 Q1 2025: $225.1M Q1 2025 Q2 2025: $233.2M Q2 2025 Q3 2025: $245.5M Q3 2025 Q4 2025: $246.2M Q4 2025 Q1 2026: $207.7M Q1 2026 Q2 2026: $230.2M Q2 2026

Holdings 108 stocks · $226.1M
MSFT Microsoft Corp. 5.53% 27,995 $12.5M Add +0.6%
AAPL Apple Inc. 5.34% 57,317 $12.1M Add +0.8%
WSM Williams-Sonoma Inc. 4.20% 33,655 $9.5M Add +2.3%
WSO Watsco Inc. 3.57% 17,405 $8.1M Add +2.7%
QCOM Qualcomm Inc. 2.95% 33,479 $6.7M Add +5.4%
MKC McCormick & Co.-Non VTG SHRS 2.35% 74,907 $5.3M Add +2.8%
RSG Republic Services Inc. 2.35% 27,324 $5.3M Add +3.2%
ABBV Abbvie Inc. 2.32% 30,556 $5.2M Add +4.4%
SNA Snap-on Inc. 2.23% 19,271 $5.0M Add +3.9%
MRK Merck & Co. Inc. 2.06% 37,680 $4.7M Add +3.7%
HD Home Depot Inc. 1.99% 13,094 $4.5M Add +3.5%
JPM JPMorgan Chase & Co. 1.98% 22,135 $4.5M Add +3.4%
AMGN Amgen Inc. 1.96% 14,190 $4.4M Add +4.9%
LMT Lockheed Martin Corp. 1.88% 9,101 $4.3M Add +3.9%
GD General Dynamics Corp. 1.85% 14,447 $4.2M Add +4.8%
ACN Accenture PLC Class A 1.82% 13,586 $4.1M Add +1.8%
WMT Walmart Inc. 1.69% 56,525 $3.8M Add +3.3%
ROP Roper Technologies Inc. 1.69% 6,762 $3.8M Add +1.1%
TXN Texas Instruments Inc. 1.60% 18,565 $3.6M Add +1.2%
NVDA Nvidia Corp. 1.58% 28,977 $3.6M Add +4.5%
GOOGL Alphabet Inc. Class A 1.58% 19,590 $3.6M Add +5.1%
EMR Emerson Electric Co. 1.58% 32,346 $3.6M Add +3.5%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 1.57% 36,446 $3.6M Add +1.4%
JNJ Johnson & Johnson 1.48% 22,831 $3.3M Add +4.0%
CPRT Copart Inc. 1.41% 58,917 $3.2M Add +1.5%
CHD Church & Dwight Co. Inc. 1.39% 30,276 $3.1M Reduce -6.5%
MORN Morningstar Inc. 1.36% 10,371 $3.1M Add +0.5%
LKQ LKQ Corp. 1.22% 66,470 $2.8M Add +67.8%
CRWD CrowdStrike Holdings Inc. Class A 1.14% 6,731 $2.6M Add +1.6%
FDS Factset Research Systems Inc. 1.13% 6,276 $2.6M Add +0.8%
BR Broadridge Financial Solutio 1.12% 12,872 $2.5M Add +4.7%
QQQ Invesco QQQ Trust Series 1 1.11% 5,256 $2.5M No change
MA Mastercard Inc. Class A 1.09% 5,565 $2.5M Reduce -5.8%
AME Ametek Inc. 1.03% 13,964 $2.3M Add +1.2%
CSW CSW Industrials Inc. 1.01% 8,578 $2.3M Add +4.7%
AVB Avalonbay Communities Inc. 1.00% 10,964 $2.3M Add +4.4%
AMZN Amazon.com Inc. 0.98% 11,444 $2.2M Add +9.0%
PG The Procter & Gamble Co. 0.97% 13,259 $2.2M Add +3.5%
EPAC Enerpac Tool Group Corp. 0.94% 55,689 $2.1M New
MNST Monster Beverage Corp. 0.90% 40,594 $2.0M Reduce -16.1%
H Hyatt Hotels Corp. Class A 0.88% 13,132 $2.0M Reduce -0.1%
WAT Waters Corp. 0.87% 6,763 $2.0M Add +0.5%
MKL Markel Group Inc. 0.83% 1,189 $1.9M Reduce -3.2%
LLY Eli Lilly & Co. 0.83% 2,061 $1.9M Reduce -0.5%
ROL Rollins Inc. 0.79% 36,831 $1.8M Reduce -3.7%
SHW The Sherwin-Williams Co. 0.64% 4,871 $1.5M Add +0.3%
ZS Zscaler Inc. 0.64% 7,502 $1.4M Reduce -0.3%
CBZ Cbiz Inc. 0.64% 19,412 $1.4M Add +1.1%
UNH Unitedhealth Group Inc. 0.62% 2,755 $1.4M Add +0.3%
RMD Resmed Inc. 0.62% 7,272 $1.4M Reduce -27.8%
DHR Danaher Corp. 0.59% 5,365 $1.3M Add +0.2%
ITW Illinois Tool Works 0.58% 5,540 $1.3M Add +1.0%
BL Blackline Inc. 0.57% 26,798 $1.3M Reduce -0.1%
FIVE Five Below 0.57% 11,754 $1.3M Add +0.4%
META Meta Platforms Inc. Class A 0.55% 2,475 $1.2M Add +16.3%
RGEN Repligen Corp. 0.55% 9,857 $1.2M Add +0.3%
TYL Tyler Technologies Inc. 0.54% 2,408 $1.2M Reduce -0.3%
EXLS Exlservice Holdings Inc. 0.53% 38,084 $1.2M New
TECH Bio-Techne Corp. 0.53% 16,643 $1.2M Reduce -2.9%
DUOL Duolingo 0.52% 5,623 $1.2M New
INTU Intuit Inc. 0.51% 1,770 $1.2M Add +0.2%
ADBE Adobe Inc. 0.50% 2,021 $1.1M Reduce -16.2%
ROST Ross Stores Inc. 0.49% 7,623 $1.1M Add +0.3%
SBUX Starbucks Corp. 0.46% 13,480 $1.0M Reduce -5.1%
PANW Palo Alto Networks Inc. 0.45% 3,025 $1.0M Add +14.1%
NVS Novartis AG-Sponsored ADR 0.45% 9,461 $1.0M Reduce -1.7%
BRK.B Berkshire Hathaway Inc. Class B 0.44% 2,460 $1.0M No change
SSNC Ss&c Technologies Holdings 0.42% 15,195 $952K Reduce -3.7%
BX Blackstone Inc. 0.40% 7,288 $902K Add +17.2%
LFUS Littelfuse Inc. 0.39% 3,484 $890K Reduce -19.8%
NDAQ Nasdaq Inc. 0.39% 14,760 $889K Reduce -55.1%
AVGO Broadcom Inc. 0.38% 528 $848K No change
COO The Cooper Cos Inc. 0.37% 9,631 $841K Add +1.2%
TMO Thermo Fisher Scientific Inc. 0.36% 1,487 $822K Reduce -0.4%
COST Costco Wholesale Corp. 0.36% 945 $803K Reduce -25.5%
VRTX Vertex Pharmaceuticals Inc. 0.34% 1,653 $775K Add +0.3%
CRM Salesforce Inc. 0.34% 2,963 $762K Add +23.3%
DKS Dick's Sporting Goods Inc. 0.33% 3,455 $742K Add +9.3%
PYPL PayPal Holdings Inc. 0.32% 12,556 $729K Add +0.3%
CSCO Cisco Systems Inc. 0.32% 15,197 $722K Reduce -3.9%
XOM Exxon Mobil Corp. 0.29% 5,728 $659K No change
NKE Nike Inc. Class B 0.26% 7,748 $584K Reduce -0.7%
WST West Pharmaceutical Services 0.25% 1,705 $562K Reduce -1.4%
GOOG Alphabet Inc. Class C 0.25% 3,035 $557K No change
AMD Advanced Micro Devices 0.23% 3,241 $526K No change
VZ Verizon Communications Inc. 0.23% 12,434 $513K Reduce -1.7%
CTSH Cognizant Tech Solutions-A 0.22% 7,187 $489K Add +0.4%
CB Chubb Ltd. 0.17% 1,548 $395K Add +27.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.17% 3,931 $390K Add +28.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 683 $372K Reduce -3.5%
COP Conocophillips 0.16% 3,190 $365K No change
NOC Northrop Grumman Corp. 0.15% 783 $341K No change
ACLS Axcelis Technologies Inc. 0.13% 2,014 $286K New
CLS Celestica Inc. 0.12% 4,923 $282K New
UBER Uber Technologies Inc. 0.12% 3,782 $275K New
NXPI NXP Semiconductors NV 0.11% 928 $250K New
BA The Boeing Co. 0.10% 1,255 $228K Reduce -48.6%
MRVL Marvell Technology Inc. 0.10% 3,263 $228K New
XYZ Block Inc. 0.10% 3,431 $221K New
SMCI Super Micro Computer Inc. 0.10% 269 $220K New

Show all 108 holdings

Portfolio Sells Q1 2024 → Q2 2024
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.60
NDAQ Nasdaq Inc. Reduce -55.1% 0.39% −0.55
EW Edwards Lifesciences Corp. Sold out 0.00% −0.55
MNST Monster Beverage Corp. Reduce -16.1% 0.90% −0.41
RMD Resmed Inc. Reduce -27.8% 0.62% −0.29
BL Blackline Inc. Reduce -0.1% 0.57% −0.22
MA Mastercard Inc. Class A Reduce -5.8% 1.09% −0.21
CHD Church & Dwight Co. Inc. Reduce -6.5% 1.39% −0.15
SBUX Starbucks Corp. Reduce -5.1% 0.46% −0.13
BA The Boeing Co. Reduce -48.6% 0.10% −0.11
TSLA Tesla Inc. Sold out 0.00% −0.09
LFUS Littelfuse Inc. Reduce -19.8% 0.39% −0.09
NKE Nike Inc. Class B Reduce -0.7% 0.26% −0.08
H Hyatt Hotels Corp. Class A Reduce -0.1% 0.88% −0.08
COST Costco Wholesale Corp. Reduce -25.5% 0.36% −0.07
WST West Pharmaceutical Services Reduce -1.4% 0.25% −0.06
ADBE Adobe Inc. Reduce -16.2% 0.50% −0.06
SSNC Ss&c Technologies Holdings Reduce -3.7% 0.42% −0.04
CSCO Cisco Systems Inc. Reduce -3.9% 0.32% −0.04
TMO Thermo Fisher Scientific Inc. Reduce -0.4% 0.36% −0.03
MKL Markel Group Inc. Reduce -3.2% 0.83% −0.02
ZS Zscaler Inc. Reduce -0.3% 0.64% −0.02
USB US Bancorp Reduce -7.1% 0.10% −0.02
TECH Bio-Techne Corp. Reduce -2.9% 0.53% −0.02
VZ Verizon Communications Inc. Reduce -1.7% 0.23% −0.02
ROL Rollins Inc. Reduce -3.7% 0.79% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.5% 0.16% −0.00
NVS Novartis AG-Sponsored ADR Reduce -1.7% 0.45% +0.02
TYL Tyler Technologies Inc. Reduce -0.3% 0.54% +0.07
LLY Eli Lilly & Co. Reduce -0.5% 0.83% +0.09

Portfolio Buys Q1 2024 → Q2 2024
EPAC Enerpac Tool Group Corp. New 0.94% +0.94
AAPL Apple Inc. Add +0.8% 5.34% +0.89
EXLS Exlservice Holdings Inc. New 0.53% +0.53
DUOL Duolingo New 0.52% +0.52
QCOM Qualcomm Inc. Add +5.4% 2.95% +0.49
NVDA Nvidia Corp. Add +4.5% 1.58% +0.44
GOOGL Alphabet Inc. Class A Add +5.1% 1.58% +0.29
LKQ LKQ Corp. Add +67.8% 1.22% +0.26
WSO Watsco Inc. Add +2.7% 3.57% +0.22
AMGN Amgen Inc. Add +4.9% 1.96% +0.21
MSFT Microsoft Corp. Add +0.6% 5.53% +0.19
WMT Walmart Inc. Add +3.3% 1.69% +0.19
CRWD CrowdStrike Holdings Inc. Class A Add +1.6% 1.14% +0.17
TTD Trade Desk Inc./the Class A Add +1.4% 1.57% +0.14
TXN Texas Instruments Inc. Add +1.2% 1.60% +0.14
CSW CSW Industrials Inc. Add +4.7% 1.01% +0.13
ACLS Axcelis Technologies Inc. New 0.13% +0.13
CLS Celestica Inc. New 0.12% +0.12
UBER Uber Technologies Inc. New 0.12% +0.12
AVB Avalonbay Communities Inc. Add +4.4% 1.00% +0.11
AMZN Amazon.com Inc. Add +9.0% 0.98% +0.11
NXPI NXP Semiconductors NV New 0.11% +0.11
PANW Palo Alto Networks Inc. Add +14.1% 0.45% +0.11
MRVL Marvell Technology Inc. New 0.10% +0.10
XYZ Block Inc. New 0.10% +0.10
SMCI Super Micro Computer Inc. New 0.10% +0.10
F Ford Motor Co. New 0.10% +0.10
TOST Toast Inc. Class A New 0.09% +0.09
URI United Rentals Inc. New 0.09% +0.09
COIN Coinbase Global Inc. Class A New 0.09% +0.09
META Meta Platforms Inc. Class A Add +16.3% 0.55% +0.08
GD General Dynamics Corp. Add +4.8% 1.85% +0.08
LMT Lockheed Martin Corp. Add +3.9% 1.88% +0.06
JOBY Joby Aviation Inc. Add +135.8% 0.07% +0.04
SOFI Sofi Technologies Inc. Add +132.8% 0.07% +0.04
RSG Republic Services Inc. Add +3.2% 2.35% +0.03
CB Chubb Ltd. Add +27.4% 0.17% +0.03
VRTX Vertex Pharmaceuticals Inc. Add +0.3% 0.34% +0.03
BX Blackstone Inc. Add +17.2% 0.40% +0.03
JPM JPMorgan Chase & Co. Add +3.4% 1.98% +0.02
PG The Procter & Gamble Co. Add +3.5% 0.97% +0.02
CRM Salesforce Inc. Add +23.3% 0.34% +0.01
DKS Dick's Sporting Goods Inc. Add +9.3% 0.33% +0.00
DIS The Walt Disney Co. Add +28.1% 0.17% +0.00
UNH Unitedhealth Group Inc. Add +0.3% 0.62% 0.00
INTU Intuit Inc. Add +0.2% 0.51% −0.01
DHR Danaher Corp. Add +0.2% 0.59% −0.02
ROST Ross Stores Inc. Add +0.3% 0.49% −0.02
CTSH Cognizant Tech Solutions-A Add +0.4% 0.22% −0.02
ROP Roper Technologies Inc. Add +1.1% 1.69% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 85$230.2MAAPL, MSFT, ABBV, JPM, CSCO
Q1 2026 83$207.7MAAPL, MSFT, ABBV, JPM, SNA
Q4 2025 104$246.2MAAPL, MSFT, JPM, ABBV, WSM
Q3 2025 104$245.5MAAPL, MSFT, WSM, JPM, ABBV
Q2 2025 101$233.2MMSFT, AAPL, WSO, JPM, WSM
Q1 2025 94$225.1MAAPL, MSFT, WSO, ABBV, WSM
Q4 2024 94$239.7MAAPL, MSFT, WSM, WSO, SNA
Q3 2024 112$239.4MAAPL, MSFT, WSO, WSM, MKC
Q2 2024 108$226.1MMSFT, AAPL, WSM, WSO, QCOM
Q1 2024 97$218.9MMSFT, WSM, AAPL, WSO, MKC