Kensington Investment Counsel, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Kensington Investment Counsel, LLC reported 94 stock positions worth $239.7 million. Its top holding was Apple (AAPL) at 5.9% of the portfolio, followed by Microsoft (MSFT, 4.9%) and Williams-Sonoma (WSM, 4.0%). Compared with Q3 2024, it sold out of 18, added to 47 and reduced 39. The biggest buy was Williams-Sonoma (WSM, shares +2%) and the biggest sale Waters (WAT, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- LONG BEACH, CA
- CIK
- 0001845536
- Portfolio Value
- $239.7M (Q4 2024)
- SEC Filing
- 0001845536-25-000001 ↗ filed Feb 10, 2025
Holdings Value
Holdings 94 stocks · $239.7M
| AAPL Apple Inc. | 5.94% | 56,839 | $14.2M | Reduce -1.9% |
| MSFT Microsoft Corp. | 4.86% | 27,636 | $11.6M | Reduce -1.9% |
| WSM Williams-Sonoma Inc. | 3.96% | 51,266 | $9.5M | Add +1.6% |
| WSO Watsco Inc. | 3.65% | 18,452 | $8.7M | Add +3.9% |
| SNA Snap-on Inc. | 2.87% | 20,294 | $6.9M | Add +3.6% |
| MKC McCormick & Co.-Non VTG SHRS | 2.56% | 80,386 | $6.1M | Add +5.6% |
| JPM JPMorgan Chase & Co. | 2.50% | 25,020 | $6.0M | Add +11.6% |
| RSG Republic Services Inc. | 2.40% | 28,535 | $5.7M | Add +3.7% |
| ABBV Abbvie Inc. | 2.39% | 32,192 | $5.7M | Add +4.3% |
| HD Home Depot Inc. | 2.23% | 13,731 | $5.3M | Add +4.8% |
| WMT Walmart Inc. | 2.22% | 58,929 | $5.3M | Add +3.4% |
| ACN Accenture PLC Class A | 2.08% | 14,185 | $5.0M | Add +6.7% |
| LMT Lockheed Martin Corp. | 1.96% | 9,682 | $4.7M | Add +5.0% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.83% | 37,404 | $4.4M | Add +0.5% |
| GD General Dynamics Corp. | 1.76% | 16,050 | $4.2M | Add +9.6% |
| EMR Emerson Electric Co. | 1.74% | 33,662 | $4.2M | Add +2.8% |
| BR Broadridge Financial Solutio | 1.72% | 18,265 | $4.1M | Add +39.5% |
| MRK Merck & Co. Inc. | 1.64% | 39,554 | $3.9M | Add +3.5% |
| AMGN Amgen Inc. | 1.64% | 15,050 | $3.9M | Add +4.5% |
| TXN Texas Instruments Inc. | 1.52% | 19,433 | $3.6M | Add +4.2% |
| NVDA Nvidia Corp. | 1.52% | 27,090 | $3.6M | Reduce -8.3% |
| QCOM Qualcomm Inc. | 1.51% | 23,608 | $3.6M | Reduce -3.0% |
| MORN Morningstar Inc. | 1.50% | 10,682 | $3.6M | Add +0.6% |
| ROP Roper Technologies Inc. | 1.49% | 6,871 | $3.6M | Add +0.2% |
| CPRT Copart Inc. | 1.46% | 60,993 | $3.5M | Add +0.7% |
| AVB Avalonbay Communities Inc. | 1.44% | 15,646 | $3.4M | Add +40.3% |
| JNJ Johnson & Johnson | 1.42% | 23,600 | $3.4M | Add +6.3% |
| GOOGL Alphabet Inc. Class A | 1.39% | 17,582 | $3.3M | Reduce -11.8% |
| QQQ Invesco QQQ Trust Series 1 | 1.36% | 6,381 | $3.3M | Add +21.4% |
| CHD Church & Dwight Co. Inc. | 1.35% | 30,838 | $3.2M | Add +0.5% |
| CSW CSW Industrials Inc. | 1.31% | 8,902 | $3.1M | Add +1.0% |
| FDS Factset Research Systems Inc. | 1.29% | 6,440 | $3.1M | Add +0.1% |
| MA Mastercard Inc. Class A | 1.19% | 5,430 | $2.9M | Reduce -2.6% |
| AME Ametek Inc. | 1.07% | 14,277 | $2.6M | Add +0.5% |
| LKQ LKQ Corp. | 1.06% | 69,201 | $2.5M | Add +2.1% |
| AMZN Amazon.com Inc. | 1.02% | 11,137 | $2.4M | Reduce -6.0% |
| EPAC Enerpac Tool Group Corp. | 1.00% | 58,176 | $2.4M | Add +1.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.99% | 6,941 | $2.4M | Add +0.7% |
| BX Blackstone Inc. | 0.98% | 13,639 | $2.4M | Add +80.4% |
| PG The Procter & Gamble Co. | 0.97% | 13,888 | $2.3M | Add +3.4% |
| H Hyatt Hotels Corp. Class A | 0.89% | 13,604 | $2.1M | Add +0.7% |
| MKL Markel Group Inc. | 0.88% | 1,223 | $2.1M | Add +0.7% |
| DUOL Duolingo | 0.76% | 5,633 | $1.8M | Add +0.5% |
| ROL Rollins Inc. | 0.74% | 38,120 | $1.8M | Add +0.7% |
| EXLS Exlservice Holdings Inc. | 0.73% | 39,207 | $1.7M | Add +0.7% |
| WAT Waters Corp. | 0.73% | 4,687 | $1.7M | Reduce -32.1% |
| MNST Monster Beverage Corp. | 0.72% | 32,762 | $1.7M | Reduce -19.1% |
| RMD Resmed Inc. | 0.69% | 7,264 | $1.7M | Reduce -0.5% |
| SHW The Sherwin-Williams Co. | 0.69% | 4,871 | $1.7M | Reduce -0.2% |
| CBZ Cbiz Inc. | 0.69% | 20,211 | $1.7M | Add +0.7% |
| LLY Eli Lilly & Co. | 0.65% | 2,011 | $1.6M | Reduce -1.5% |
| TYL Tyler Technologies Inc. | 0.60% | 2,496 | $1.4M | Add +0.8% |
| STVN Stevanato Group SPA | 0.60% | 65,816 | $1.4M | Add +0.6% |
| ZS Zscaler Inc. | 0.58% | 7,750 | $1.4M | Add +0.5% |
| RGEN Repligen Corp. | 0.58% | 9,695 | $1.4M | Reduce -3.5% |
| BL Blackline Inc. | 0.58% | 22,942 | $1.4M | Reduce -7.5% |
| ITW Illinois Tool Works | 0.58% | 5,468 | $1.4M | Reduce -1.1% |
| DKS Dick's Sporting Goods Inc. | 0.56% | 5,885 | $1.3M | Add +60.5% |
| UNH Unitedhealth Group Inc. | 0.56% | 2,661 | $1.3M | Reduce -3.4% |
| DHR Danaher Corp. | 0.51% | 5,288 | $1.2M | Reduce -1.4% |
| AVGO Broadcom Inc. | 0.51% | 5,230 | $1.2M | Reduce -6.4% |
| SSNC Ss&c Technologies Holdings | 0.49% | 15,547 | $1.2M | Reduce -0.0% |
| TECH Bio-Techne Corp. | 0.49% | 16,288 | $1.2M | Reduce -3.4% |
| NDAQ Nasdaq Inc. | 0.49% | 15,174 | $1.2M | Add +0.7% |
| ROST Ross Stores Inc. | 0.48% | 7,654 | $1.2M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 2,460 | $1.1M | Reduce -1.0% |
| INTU Intuit Inc. | 0.46% | 1,770 | $1.1M | No change |
| PYPL PayPal Holdings Inc. | 0.42% | 11,742 | $1.0M | Reduce -1.9% |
| META Meta Platforms Inc. Class A | 0.41% | 1,675 | $981K | Reduce -34.8% |
| NVS Novartis AG-Sponsored ADR | 0.38% | 9,460 | $921K | No change |
| COO The Cooper Cos Inc. | 0.37% | 9,709 | $893K | Add +0.6% |
| ADBE Adobe Inc. | 0.37% | 1,987 | $884K | Reduce -1.7% |
| FIVE Five Below | 0.35% | 8,043 | $844K | Reduce -25.6% |
| COST Costco Wholesale Corp. | 0.34% | 897 | $822K | Reduce -5.3% |
| PANW Palo Alto Networks Inc. | 0.34% | 4,432 | $806K | Reduce -29.0% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 1,447 | $753K | Reduce -1.8% |
| LFUS Littelfuse Inc. | 0.31% | 3,146 | $741K | Reduce -6.1% |
| CRM Salesforce Inc. | 0.28% | 1,972 | $659K | Reduce -36.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.26% | 1,556 | $627K | Reduce -5.9% |
| XOM Exxon Mobil Corp. | 0.24% | 5,441 | $585K | Reduce -5.0% |
| WST West Pharmaceutical Services | 0.24% | 1,759 | $576K | Add +0.4% |
| GOOG Alphabet Inc. Class C | 0.22% | 2,715 | $517K | Reduce -10.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 781 | $458K | Add +11.1% |
| CSCO Cisco Systems Inc. | 0.19% | 7,503 | $444K | Reduce -12.5% |
| NKE Nike Inc. Class B | 0.18% | 5,858 | $443K | Reduce -22.9% |
| AMD Advanced Micro Devices | 0.16% | 3,240 | $391K | No change |
| NOC Northrop Grumman Corp. | 0.15% | 783 | $367K | No change |
| CTSH Cognizant Tech Solutions-A | 0.14% | 4,468 | $344K | Reduce -37.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 2,844 | $317K | Reduce -34.3% |
| CB Chubb Ltd. | 0.11% | 990 | $274K | Reduce -39.7% |
| NOW ServiceNow Inc. | 0.10% | 226 | $240K | No change |
| BA The Boeing Co. | 0.09% | 1,255 | $222K | Reduce -7.4% |
| APPF Appfolio Inc. Class A | 0.09% | 900 | $222K | No change |
| FIS Fidelity National Info Serv | 0.09% | 2,525 | $204K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| WAT Waters Corp. | Reduce -32.1% | 0.73% | −0.31 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.29 |
| QCOM Qualcomm Inc. | Reduce -3.0% | 1.51% | −0.22 |
| META Meta Platforms Inc. Class A | Reduce -34.8% | 0.41% | −0.21 |
| MSFT Microsoft Corp. | Reduce -1.9% | 4.86% | −0.20 |
| MNST Monster Beverage Corp. | Reduce -19.1% | 0.72% | −0.16 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.14 |
| USFR Wisdomtree Floating Rate Tre | Sold out | 0.00% | −0.14 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.12 |
| DHR Danaher Corp. | Reduce -1.4% | 0.51% | −0.12 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.12 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.12 |
| XYZ Block Inc. | Sold out | 0.00% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -3.4% | 0.56% | −0.11 |
| PANW Palo Alto Networks Inc. | Reduce -29.0% | 0.34% | −0.11 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -1.5% | 0.65% | −0.11 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −0.11 |
| ACLS Axcelis Technologies Inc. | Sold out | 0.00% | −0.10 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.10 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.10 |
| NKE Nike Inc. Class B | Reduce -22.9% | 0.18% | −0.10 |
| USB US Bancorp | Sold out | 0.00% | −0.09 |
| F Ford Motor Co. | Sold out | 0.00% | −0.09 |
| DY Dycom Industries Inc. | Sold out | 0.00% | −0.09 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.09 |
| CTSH Cognizant Tech Solutions-A | Reduce -37.5% | 0.14% | −0.09 |
| SHW The Sherwin-Williams Co. | Reduce -0.2% | 0.69% | −0.09 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.09 |
| CB Chubb Ltd. | Reduce -39.7% | 0.11% | −0.08 |
| CRM Salesforce Inc. | Reduce -36.5% | 0.28% | −0.08 |
| TECH Bio-Techne Corp. | Reduce -3.4% | 0.49% | −0.07 |
| JOBY Joby Aviation Inc. | Sold out | 0.00% | −0.07 |
| ADBE Adobe Inc. | Reduce -1.7% | 0.37% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.8% | 0.31% | −0.07 |
| LFUS Littelfuse Inc. | Reduce -6.1% | 0.31% | −0.06 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -5.9% | 0.26% | −0.06 |
| RMD Resmed Inc. | Reduce -0.5% | 0.69% | −0.05 |
| FIVE Five Below | Reduce -25.6% | 0.35% | −0.05 |
| DIS The Walt Disney Co. | Reduce -34.3% | 0.13% | −0.04 |
| RGEN Repligen Corp. | Reduce -3.5% | 0.58% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -5.0% | 0.24% | −0.04 |
| ITW Illinois Tool Works | Reduce -1.1% | 0.58% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 0.47% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -5.3% | 0.34% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -12.5% | 0.19% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -10.5% | 0.22% | +0.00 |
| BA The Boeing Co. | Reduce -7.4% | 0.09% | +0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -11.8% | 1.39% | +0.01 |
| SSNC Ss&c Technologies Holdings | Reduce -0.0% | 0.49% | +0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| WSM Williams-Sonoma Inc. | Add +1.6% | 3.96% | +0.70 |
| BR Broadridge Financial Solutio | Add +39.5% | 1.72% | +0.55 |
| JPM JPMorgan Chase & Co. | Add +11.6% | 2.50% | +0.53 |
| SNA Snap-on Inc. | Add +3.6% | 2.87% | +0.50 |
| BX Blackstone Inc. | Add +80.4% | 0.98% | +0.50 |
| AVB Avalonbay Communities Inc. | Add +40.3% | 1.44% | +0.39 |
| WMT Walmart Inc. | Add +3.4% | 2.22% | +0.30 |
| QQQ Invesco QQQ Trust Series 1 | Add +21.4% | 1.36% | +0.29 |
| EMR Emerson Electric Co. | Add +2.8% | 1.74% | +0.24 |
| DKS Dick's Sporting Goods Inc. | Add +60.5% | 0.56% | +0.24 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.7% | 0.99% | +0.18 |
| CPRT Copart Inc. | Add +0.7% | 1.46% | +0.13 |
| TTD Trade Desk Inc./the Class A | Add +0.5% | 1.83% | +0.13 |
| CBZ Cbiz Inc. | Add +0.7% | 0.69% | +0.13 |
| ACN Accenture PLC Class A | Add +6.7% | 2.08% | +0.12 |
| EXLS Exlservice Holdings Inc. | Add +0.7% | 0.73% | +0.11 |
| DUOL Duolingo | Add +0.5% | 0.76% | +0.10 |
| RSG Republic Services Inc. | Add +3.7% | 2.40% | +0.09 |
| MORN Morningstar Inc. | Add +0.6% | 1.50% | +0.09 |
| MKL Markel Group Inc. | Add +0.7% | 0.88% | +0.08 |
| FDS Factset Research Systems Inc. | Add +0.1% | 1.29% | +0.05 |
| AME Ametek Inc. | Add +0.5% | 1.07% | +0.05 |
| STVN Stevanato Group SPA | Add +0.6% | 0.60% | +0.05 |
| ZS Zscaler Inc. | Add +0.5% | 0.58% | +0.03 |
| H Hyatt Hotels Corp. Class A | Add +0.7% | 0.89% | +0.03 |
| NDAQ Nasdaq Inc. | Add +0.7% | 0.49% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +11.1% | 0.19% | +0.02 |
| WST West Pharmaceutical Services | Add +0.4% | 0.24% | +0.02 |
| HD Home Depot Inc. | Add +4.8% | 2.23% | +0.01 |
| CHD Church & Dwight Co. Inc. | Add +0.5% | 1.35% | +0.00 |
| WSO Watsco Inc. | Add +3.9% | 3.65% | +0.00 |
| PG The Procter & Gamble Co. | Add +3.4% | 0.97% | +0.00 |
| EPAC Enerpac Tool Group Corp. | Add +1.9% | 1.00% | −0.00 |
| TYL Tyler Technologies Inc. | Add +0.8% | 0.60% | −0.00 |
| CSW CSW Industrials Inc. | Add +1.0% | 1.31% | −0.04 |
| MKC McCormick & Co.-Non VTG SHRS | Add +5.6% | 2.56% | −0.06 |
| ROL Rollins Inc. | Add +0.7% | 0.74% | −0.06 |
| LKQ LKQ Corp. | Add +2.1% | 1.06% | −0.07 |
| COO The Cooper Cos Inc. | Add +0.6% | 0.37% | −0.07 |
| JNJ Johnson & Johnson | Add +6.3% | 1.42% | −0.08 |
| GD General Dynamics Corp. | Add +9.6% | 1.76% | −0.08 |
| TXN Texas Instruments Inc. | Add +4.2% | 1.52% | −0.09 |
| ROP Roper Technologies Inc. | Add +0.2% | 1.49% | −0.10 |
| ABBV Abbvie Inc. | Add +4.3% | 2.39% | −0.16 |
| MRK Merck & Co. Inc. | Add +3.5% | 1.64% | −0.17 |
| LMT Lockheed Martin Corp. | Add +5.0% | 1.96% | −0.29 |
| AMGN Amgen Inc. | Add +4.5% | 1.64% | −0.30 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 85 | $230.2M | AAPL, MSFT, ABBV, JPM, CSCO |
| Q1 2026 | 83 | $207.7M | AAPL, MSFT, ABBV, JPM, SNA |
| Q4 2025 | 104 | $246.2M | AAPL, MSFT, JPM, ABBV, WSM |
| Q3 2025 | 104 | $245.5M | AAPL, MSFT, WSM, JPM, ABBV |
| Q2 2025 | 101 | $233.2M | MSFT, AAPL, WSO, JPM, WSM |
| Q1 2025 | 94 | $225.1M | AAPL, MSFT, WSO, ABBV, WSM |
| Q4 2024 | 94 | $239.7M | AAPL, MSFT, WSM, WSO, SNA |
| Q3 2024 | 112 | $239.4M | AAPL, MSFT, WSO, WSM, MKC |
| Q2 2024 | 108 | $226.1M | MSFT, AAPL, WSM, WSO, QCOM |
| Q1 2024 | 97 | $218.9M | MSFT, WSM, AAPL, WSO, MKC |