Marble Harbor Investment Counsel, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Marble Harbor Investment Counsel, LLC reported 210 stock positions worth $914.1 million. Its top holding was Microsoft (MSFT) at 7.5% of the portfolio, followed by Apple (AAPL, 6.9%) and Iron Mountain (IRM, 4.5%). Compared with Q2 2024, it opened 8 new positions, sold out of 2, added to 47 and reduced 68. The biggest buy was PayPal (PYPL, shares +9%) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001387130
- Portfolio Value
- $914.1M (Q3 2024)
- SEC Filing
- 0001420506-24-002250 ↗ filed Nov 8, 2024
Holdings Value
Holdings 210 stocks · $914.1M
| MSFT Microsoft Corp. | 7.48% | 158,827 | $68.3M | Reduce -1.1% |
| AAPL Apple Inc. | 6.89% | 270,270 | $63.0M | Reduce -0.8% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 4.55% | 350,001 | $41.6M | Reduce -20.3% |
| ABBV Abbvie Inc. | 4.19% | 193,802 | $38.3M | Add +0.0% |
| ADP Automatic Data Processing | 4.02% | 132,695 | $36.7M | Reduce -0.2% |
| FISV Fiserv Inc. | 3.55% | 180,457 | $32.4M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 2.98% | 157,139 | $27.2M | Add +0.0% |
| CSCO Cisco Systems Inc. | 2.69% | 462,755 | $24.6M | Add +0.2% |
| ORLY O'reilly Automotive Inc. | 2.69% | 21,317 | $24.5M | Reduce -0.7% |
| ABT Abbott Laboratories | 2.48% | 199,054 | $22.7M | Add +0.4% |
| EBAY eBay Inc. | 2.31% | 324,101 | $21.1M | Add +0.1% |
| IDXX Idexx Laboratories Inc. | 2.21% | 40,074 | $20.2M | Add +0.1% |
| PH Parker Hannifin Corp. | 2.06% | 29,847 | $18.9M | Reduce -0.6% |
| PGR Progressive Corp. | 2.04% | 73,435 | $18.6M | Reduce -0.7% |
| VWO Vanguard Ftse Emerging Marke | 1.98% | 379,055 | $18.1M | Add +0.7% |
| XOM Exxon Mobil Corp. | 1.87% | 145,542 | $17.1M | Reduce -0.2% |
| HR Healthcare Realty Trust Inc. | 1.62% | 817,291 | $14.8M | Add +1.9% |
| PEP Pepsico Inc. | 1.62% | 87,195 | $14.8M | Add +0.0% |
| PYPL PayPal Holdings Inc. | 1.53% | 178,876 | $14.0M | Add +9.2% |
| WMT Walmart Inc. | 1.40% | 158,432 | $12.8M | Reduce -0.6% |
| KO The Coca-Cola Co. | 1.38% | 175,782 | $12.6M | Add +0.1% |
| EOG EOG Resources Inc. | 1.34% | 99,887 | $12.3M | Add +1.4% |
| GE General Electric filed as GE AEROSPACE | 1.27% | 61,513 | $11.6M | Add +0.8% |
| ECL Ecolab Inc. | 1.26% | 44,975 | $11.5M | Add +0.4% |
| NTRS Northern Trust Corp. | 1.20% | 121,706 | $11.0M | Add +0.2% |
| DXCM Dexcom Inc. | 1.17% | 159,909 | $10.7M | Add +8.7% |
| SYK Stryker Corp. | 1.11% | 28,015 | $10.1M | Add +0.6% |
| PFE Pfizer Inc. | 1.07% | 338,555 | $9.8M | Reduce -1.1% |
| JNJ Johnson & Johnson | 1.01% | 57,226 | $9.3M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.99% | 19,645 | $9.0M | No change |
| VOO Vanguard S&P 500 ETF | 0.99% | 17,102 | $9.0M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.97% | 92,073 | $8.9M | Add +2.2% |
| MRK Merck & Co. Inc. | 0.89% | 71,714 | $8.1M | Reduce -0.3% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.84% | 71,081 | $7.7M | Add +0.7% |
| MCD McDonald's Corp. | 0.83% | 24,877 | $7.6M | Reduce -0.0% |
| WFC Wells Fargo & Co. | 0.77% | 125,289 | $7.1M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 0.71% | 39,082 | $6.5M | Add +2.8% |
| WBA Walgreens Boots Alliance Inc. | 0.68% | 696,578 | $6.2M | Add +40.7% |
| DHR Danaher Corp. | 0.68% | 22,302 | $6.2M | Reduce -0.5% |
| SRCL Stericycle Inc. | 0.60% | 89,812 | $5.5M | Reduce -9.3% |
| LLY Eli Lilly & Co. | 0.58% | 5,964 | $5.3M | Reduce -0.2% |
| BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP | 0.57% | 82,694 | $5.2M | Reduce -0.3% |
| CVX Chevron Corp. | 0.54% | 33,357 | $4.9M | Add +0.2% |
| NVDA Nvidia Corp. | 0.51% | 38,675 | $4.7M | Add +67.8% |
| EXPD Expeditors Intl Wash Inc. | 0.51% | 35,675 | $4.7M | No change |
| EW Edwards Lifesciences Corp. | 0.50% | 69,485 | $4.6M | Reduce -5.6% |
| APD Air Products & Chemicals Inc. | 0.50% | 15,350 | $4.6M | Reduce -1.9% |
| SHW The Sherwin-Williams Co. | 0.47% | 11,204 | $4.3M | Add +1.3% |
| EMR Emerson Electric Co. | 0.46% | 38,198 | $4.2M | No change |
| CB Chubb Ltd. | 0.42% | 13,446 | $3.9M | Add +0.1% |
| GEV GE Vernova Inc. | 0.42% | 15,026 | $3.8M | Reduce -1.3% |
| HD Home Depot Inc. | 0.40% | 9,110 | $3.7M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 0.40% | 21,878 | $3.7M | Reduce -0.9% |
| GLDM SPDR Gold Minishares Trust | 0.38% | 66,525 | $3.5M | No change |
| RTX RTX Corp. | 0.37% | 28,270 | $3.4M | Reduce -0.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.36% | 16,421 | $3.3M | Reduce -0.3% |
| PCOR Procore Technologies Inc. | 0.36% | 52,700 | $3.3M | New |
| UNP Union Pacific Corp. | 0.32% | 11,935 | $2.9M | No change |
| SHEL Shell PLC-ADR | 0.32% | 44,050 | $2.9M | Reduce -0.9% |
| TPR Tapestry Inc. | 0.32% | 61,575 | $2.9M | Reduce -0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.31% | 12,065 | $2.9M | Add +0.8% |
| DEO Diageo PLC-Sponsored ADR | 0.31% | 20,163 | $2.8M | Add +3.7% |
| JPM JPMorgan Chase & Co. | 0.29% | 12,479 | $2.6M | No change |
| AXP American Express Co. | 0.28% | 9,586 | $2.6M | Reduce -0.3% |
| VNQ Vanguard Real Estate ETF | 0.24% | 22,625 | $2.2M | Reduce -11.7% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.23% | 19,830 | $2.1M | No change |
| COST Costco Wholesale Corp. | 0.21% | 2,120 | $1.9M | Add +5.2% |
| SIVR Abrdn Physical Silver Shares | 0.20% | 61,800 | $1.8M | No change |
| AMZN Amazon.com Inc. | 0.20% | 9,650 | $1.8M | No change |
| GEHC GE Healthcare Technology | 0.19% | 18,725 | $1.8M | Reduce -1.4% |
| NSC Norfolk Southern Corp. | 0.19% | 7,022 | $1.7M | No change |
| TEL Te Connectivity PLC | 0.18% | 11,046 | $1.7M | No change |
| IVV iShares Core S&P 500 ETF | 0.18% | 2,832 | $1.6M | No change |
| DUK Duke Energy Corp. | 0.16% | 12,877 | $1.5M | Reduce -3.4% |
| MDY State Street SPDR S&P Midcap | 0.16% | 2,600 | $1.5M | No change |
| NEE Nextera Energy Inc. | 0.16% | 17,048 | $1.4M | Reduce -1.7% |
| CAT Caterpillar Inc. | 0.16% | 3,672 | $1.4M | Reduce -0.3% |
| SGOL Abrdn Physical Gold Shares | 0.15% | 54,700 | $1.4M | No change |
| CARR Carrier Global Corp. | 0.15% | 16,930 | $1.4M | No change |
| VTWO Vanguard Russell 2000 ETF | 0.14% | 14,165 | $1.3M | No change |
| SBUX Starbucks Corp. | 0.13% | 12,280 | $1.2M | Add +0.6% |
| KMB Kimberly-Clark Corp. | 0.13% | 8,274 | $1.2M | Reduce -2.4% |
| QQQM Invesco Nasdaq 100 ETF | 0.13% | 5,801 | $1.2M | No change |
| EEM iShares MSCI Emerging Market | 0.12% | 24,100 | $1.1M | Reduce -6.6% |
| EFT Eaton Vance Fltng RT Inc. TR | 0.12% | 84,850 | $1.1M | Add +45.7% |
| AON Aon PLC Class A | 0.12% | 3,125 | $1.1M | No change |
| AMLP Alerian MLP ETF | 0.11% | 21,300 | $1.0M | Add +32.3% |
| NKE Nike Inc. Class B | 0.11% | 11,235 | $993K | Add +27.2% |
| VLTO Veralto Corp. | 0.11% | 8,876 | $993K | Reduce -2.6% |
| BDX Becton Dickinson and Co. | 0.10% | 3,843 | $927K | No change |
| FTV Fortive Corp. | 0.10% | 11,720 | $925K | Reduce -0.8% |
| VIG Vanguard Dividend Apprec ETF | 0.10% | 4,545 | $900K | Reduce -0.1% |
| CSL Carlisle Cos Inc. | 0.10% | 2,000 | $900K | No change |
| TR Tootsie Roll Inds | 0.10% | 28,805 | $892K | Reduce -4.5% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.09% | 18,300 | $858K | Reduce -13.3% |
| OTIS Otis Worldwide Corp. | 0.09% | 8,119 | $844K | Reduce -1.2% |
| OSW Onespaworld Holdings Ltd. | 0.09% | 50,500 | $834K | Reduce -0.4% |
| LKQ LKQ Corp. | 0.08% | 19,435 | $776K | Reduce -5.1% |
| AMGN Amgen Inc. | 0.08% | 2,402 | $774K | No change |
| OGN Organon & Co. | 0.08% | 39,891 | $763K | Reduce -29.9% |
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -1.1% | 7.48% | −0.97 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.31 |
| XEFRX Eaton Vance Sr FLTG Rate TR | Reduce -76.6% | 0.08% | −0.30 |
| EW Edwards Lifesciences Corp. | Reduce -5.6% | 0.50% | −0.30 |
| MRK Merck & Co. Inc. | Reduce -0.3% | 0.89% | −0.16 |
| INTC Intel Corp. | Reduce -40.1% | 0.08% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -0.2% | 1.87% | −0.11 |
| IRM Iron Mountain Inc. | Reduce -20.3% | 4.55% | −0.08 |
| SRCL Stericycle Inc. | Reduce -9.3% | 0.60% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -0.9% | 0.40% | −0.08 |
| SHEL Shell PLC-ADR | Reduce -0.9% | 0.32% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -0.2% | 0.58% | −0.06 |
| PFE Pfizer Inc. | Reduce -1.1% | 1.07% | −0.06 |
| OGN Organon & Co. | Reduce -29.9% | 0.08% | −0.06 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.03 |
| SLB SLB Ltd. | Reduce -7.0% | 0.07% | −0.02 |
| BAC Bank of America Corp. | Reduce -14.5% | 0.06% | −0.02 |
| LKQ LKQ Corp. | Reduce -5.1% | 0.08% | −0.02 |
| VNQ Vanguard Real Estate ETF | Reduce -11.7% | 0.24% | −0.01 |
| TR Tootsie Roll Inds | Reduce -4.5% | 0.10% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -2.1% | 0.04% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -2.4% | 0.13% | −0.01 |
| ROK Rockwell Automation Inc. | Reduce -5.8% | 0.05% | −0.01 |
| UL Unilever PLC | Reduce -34.7% | 0.02% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -6.6% | 0.12% | −0.01 |
| KLAC KLA Corp. | Reduce -5.8% | 0.03% | −0.01 |
| WM Waste Management Inc. | Reduce -0.9% | 0.06% | −0.01 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -13.3% | 0.09% | −0.01 |
| CE Celanese Corp. | Reduce -8.5% | 0.03% | −0.01 |
| T AT&T Inc. | Reduce -12.5% | 0.06% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -7.1% | 0.04% | −0.00 |
| ROL Rollins Inc. | Reduce -3.2% | 0.04% | −0.00 |
| FTV Fortive Corp. | Reduce -0.8% | 0.10% | −0.00 |
| PM Philip Morris International | Reduce -12.0% | 0.08% | −0.00 |
| CL Colgate-Palmolive Co. | Reduce -1.0% | 0.07% | −0.00 |
| IEX Idex Corp. | Reduce -1.9% | 0.03% | −0.00 |
| OTIS Otis Worldwide Corp. | Reduce -1.2% | 0.09% | −0.00 |
| OSW Onespaworld Holdings Ltd. | Reduce -0.4% | 0.09% | −0.00 |
| TD Toronto-Dominion Bank | Reduce -7.5% | 0.03% | −0.00 |
| SYY Sysco Corp. | Reduce -1.5% | 0.07% | +0.00 |
| LH Labcorp Holdings Inc. | Reduce -0.6% | 0.04% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.1% | 0.10% | +0.00 |
| PAYX Paychex Inc. | Reduce -1.8% | 0.07% | +0.00 |
| FDIQ Inv BLB Fin Data PRV ETF-Usi | Reduce -1.6% | 0.04% | +0.00 |
| HUBB Hubbell Inc. | Reduce -3.4% | 0.06% | +0.00 |
| TPR Tapestry Inc. | Reduce -0.7% | 0.32% | +0.00 |
| AXON Axon Enterprise Inc. | Reduce -10.0% | 0.04% | +0.00 |
| DUK Duke Energy Corp. | Reduce -3.4% | 0.16% | +0.01 |
| VLTO Veralto Corp. | Reduce -2.6% | 0.11% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.3% | 0.36% | +0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| PYPL PayPal Holdings Inc. | Add +9.2% | 1.53% | +0.41 |
| PCOR Procore Technologies Inc. | New | 0.36% | +0.36 |
| ABBV Abbvie Inc. | Add +0.0% | 4.19% | +0.28 |
| EBAY eBay Inc. | Add +0.1% | 2.31% | +0.26 |
| NVDA Nvidia Corp. | Add +67.8% | 0.51% | +0.18 |
| GE General Electric | Add +0.8% | 1.27% | +0.13 |
| CSCO Cisco Systems Inc. | Add +0.2% | 2.69% | +0.11 |
| SHW The Sherwin-Williams Co. | Add +1.3% | 0.47% | +0.08 |
| IBDU iShares Ibonds Dec 2029 Term | New | 0.07% | +0.07 |
| HR Healthcare Realty Trust Inc. | Add +1.9% | 1.62% | +0.07 |
| KO The Coca-Cola Co. | Add +0.1% | 1.38% | +0.07 |
| ABT Abbott Laboratories | Add +0.4% | 2.48% | +0.06 |
| VWO Vanguard Ftse Emerging Marke | Add +0.7% | 1.98% | +0.05 |
| NKE Nike Inc. Class B | Add +27.2% | 0.11% | +0.03 |
| MPLX MPLX LP | New | 0.03% | +0.03 |
| ET Energy Transfer LP | New | 0.03% | +0.03 |
| EFT Eaton Vance Fltng RT Inc. TR | Add +45.7% | 0.12% | +0.03 |
| VIOO Vanguard S&P Small-Cap 600 E | Add +0.7% | 0.84% | +0.03 |
| SNA Snap-on Inc. | New | 0.02% | +0.02 |
| BSX Boston Scientific Corp. | New | 0.02% | +0.02 |
| CTVA Corteva Inc. | New | 0.02% | +0.02 |
| EBC Eastern Bankshares Inc. | New | 0.02% | +0.02 |
| DEO Diageo PLC-Sponsored ADR | Add +3.7% | 0.31% | +0.02 |
| CB Chubb Ltd. | Add +0.1% | 0.42% | +0.02 |
| SBUX Starbucks Corp. | Add +0.6% | 0.13% | +0.02 |
| AMLP Alerian MLP ETF | Add +32.3% | 0.11% | +0.02 |
| ACN Accenture PLC Class A | Add +44.0% | 0.05% | +0.02 |
| BMY Bristol-Myers Squibb Co. | Add +3.7% | 0.06% | +0.01 |
| NTR Nutrien Ltd. | Add +50.3% | 0.04% | +0.01 |
| FBRT Franklin BSP Realty Trust Inc. | Add +48.7% | 0.03% | +0.01 |
| ARCC Ares Capital Corp. | Add +30.9% | 0.05% | +0.01 |
| PSBD Palmer Square Capital BDC Inc. | Add +31.8% | 0.05% | +0.01 |
| HYT BlackRock Corp. Hi YLD | Add +15.5% | 0.08% | +0.01 |
| TSLX Sixth Street Specialty Lendi | Add +31.2% | 0.05% | +0.01 |
| BXSL Blackstone Secured Lending F | Add +31.7% | 0.04% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.8% | 0.31% | +0.01 |
| MDT Medtronic PLC | Add +4.0% | 0.05% | +0.00 |
| WY Weyerhaeuser Co. | Add +2.0% | 0.04% | +0.00 |
| COST Costco Wholesale Corp. | Add +5.2% | 0.21% | +0.00 |
| MAIN Main Street Capital Corp. | Add +20.0% | 0.03% | +0.00 |
| ECL Ecolab Inc. | Add +0.4% | 1.26% | +0.00 |
| F Ford Motor Co. | Add +19.3% | 0.01% | −0.00 |
| NTRS Northern Trust Corp. | Add +0.2% | 1.20% | −0.00 |
| OCSL Oaktree Specialty Lending Co. | Add +19.9% | 0.07% | −0.00 |
| SYK Stryker Corp. | Add +0.6% | 1.11% | −0.01 |
| WBA Walgreens Boots Alliance Inc. | Add +40.7% | 0.68% | −0.02 |
| PEP Pepsico Inc. | Add +0.0% | 1.62% | −0.07 |
| PG The Procter & Gamble Co. | Add +0.0% | 2.98% | −0.07 |
| CVX Chevron Corp. | Add +0.2% | 0.54% | −0.08 |
| IDXX Idexx Laboratories Inc. | Add +0.1% | 2.21% | −0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 200 | $984.0M | AAPL, CSCO, MSFT, ABBV, IRM |
| Q1 2026 | 192 | $922.9M | AAPL, MSFT, ABBV, CSCO, IRM |
| Q4 2025 | 185 | $935.5M | MSFT, AAPL, ABBV, CSCO, ADP |
| Q3 2025 | 189 | $954.7M | MSFT, AAPL, ABBV, ADP, IRM |
| Q2 2025 | 203 | $918.1M | MSFT, AAPL, ADP, ABBV, IRM |
| Q1 2025 | 206 | $888.2M | AAPL, MSFT, ADP, ABBV, FISV |
| Q4 2024 | 206 | $907.2M | AAPL, MSFT, ADP, FISV, IRM |
| Q3 2024 | 210 | $914.1M | MSFT, AAPL, IRM, ABBV, ADP |
| Q2 2024 | 204 | $849.9M | MSFT, AAPL, IRM, ABBV, ADP |
| Q1 2024 | 204 | $867.5M | MSFT, AAPL, IRM, ABBV, ADP |