Marble Harbor Investment Counsel, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Marble Harbor Investment Counsel, LLC reported 192 stock positions worth $922.9 million. Its top holding was Apple (AAPL) at 6.6% of the portfolio, followed by Microsoft (MSFT, 5.6%) and Abbvie (ABBV, 4.2%). Compared with Q4 2025, it opened 9 new positions, sold out of 2, added to 45 and reduced 71. The biggest buy was a new position in Guidewire Software (GWRE) and the biggest sale Microsoft (MSFT, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001387130
- Portfolio Value
- $922.9M (Q1 2026)
- SEC Filing
- 0001420506-26-000852 ↗ filed May 8, 2026
Holdings Value
Holdings 192 stocks · $922.9M
| AAPL Apple Inc. | 6.56% | 238,444 | $60.5M | Reduce -3.0% |
| MSFT Microsoft Corp. | 5.62% | 140,150 | $51.9M | Reduce -3.8% |
| ABBV Abbvie Inc. | 4.22% | 178,895 | $38.9M | Reduce -1.9% |
| CSCO Cisco Systems Inc. | 3.80% | 452,062 | $35.1M | Reduce -0.2% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 3.33% | 300,474 | $30.7M | Reduce -4.3% |
| EBAY eBay Inc. | 3.08% | 312,218 | $28.4M | Reduce -0.3% |
| ADP Automatic Data Processing | 2.80% | 127,061 | $25.8M | Add +0.4% |
| ORLY O'reilly Automotive Inc. | 2.73% | 273,071 | $25.2M | Reduce -3.8% |
| PH Parker Hannifin Corp. | 2.65% | 27,288 | $24.4M | Reduce -4.3% |
| XOM Exxon Mobil Corp. | 2.53% | 137,406 | $23.3M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 2.52% | 161,210 | $23.3M | Add +0.0% |
| VWO Vanguard Ftse Emerging Marke | 2.28% | 388,511 | $21.0M | Add +0.2% |
| ABT Abbott Laboratories | 2.15% | 193,670 | $19.9M | Reduce -0.2% |
| IDXX Idexx Laboratories Inc. | 2.13% | 34,981 | $19.7M | Reduce -4.2% |
| WMT Walmart Inc. | 1.93% | 143,075 | $17.8M | Reduce -2.4% |
| GE General Electric filed as GE AEROSPACE | 1.84% | 59,936 | $17.0M | Reduce -1.1% |
| EOG EOG Resources Inc. | 1.83% | 116,874 | $16.9M | Reduce -1.5% |
| NTRS Northern Trust Corp. | 1.80% | 118,856 | $16.6M | Reduce -0.4% |
| HR Healthcare Realty Trust Inc. | 1.69% | 917,607 | $15.6M | Reduce -0.1% |
| FISV Fiserv Inc. | 1.53% | 253,721 | $14.2M | Add +0.7% |
| JNJ Johnson & Johnson | 1.45% | 54,705 | $13.4M | Add +1.4% |
| KO The Coca-Cola Co. | 1.42% | 172,809 | $13.1M | Reduce -1.4% |
| PGR Progressive Corp. | 1.42% | 65,905 | $13.1M | Reduce -3.3% |
| PEP Pepsico Inc. | 1.37% | 81,649 | $12.7M | Add +0.1% |
| PFE Pfizer Inc. | 1.35% | 445,070 | $12.5M | Reduce -0.2% |
| ECL Ecolab Inc. | 1.24% | 43,022 | $11.4M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 1.17% | 37,573 | $10.8M | Reduce -1.9% |
| WFC Wells Fargo & Co. | 1.10% | 127,944 | $10.2M | Reduce -1.7% |
| VOO Vanguard S&P 500 ETF | 1.01% | 15,670 | $9.4M | Add +0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.99% | 94,768 | $9.1M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 0.99% | 201,284 | $9.1M | Add +6.3% |
| SYK Stryker Corp. | 0.98% | 27,497 | $9.0M | Reduce -1.0% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.97% | 78,247 | $9.0M | Reduce -4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.97% | 18,714 | $9.0M | Reduce -2.3% |
| GWRE Guidewire Software Inc. | 0.97% | 59,940 | $9.0M | New |
| GEV GE Vernova Inc. | 0.96% | 10,194 | $8.9M | Reduce -0.5% |
| TYL Tyler Technologies Inc. | 0.95% | 25,635 | $8.8M | New |
| BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP | 0.91% | 113,509 | $8.4M | Add +1.2% |
| MRK Merck & Co. Inc. | 0.89% | 68,013 | $8.2M | Add +0.8% |
| DXCM Dexcom Inc. | 0.85% | 125,012 | $7.9M | Add +1.2% |
| MCD McDonald's Corp. | 0.82% | 24,455 | $7.6M | Reduce -0.4% |
| CVX Chevron Corp. | 0.74% | 32,987 | $6.8M | Add +0.1% |
| PCOR Procore Technologies Inc. | 0.72% | 115,952 | $6.6M | Add +6.7% |
| NVDA Nvidia Corp. | 0.64% | 33,971 | $5.9M | Reduce -2.9% |
| GOOG Alphabet Inc. Class C | 0.62% | 19,887 | $5.7M | Reduce -2.6% |
| RTX RTX Corp. | 0.56% | 26,951 | $5.2M | Add +1.0% |
| EXPD Expeditors Intl Wash Inc. | 0.52% | 33,632 | $4.8M | Reduce -2.6% |
| EMR Emerson Electric Co. | 0.52% | 36,705 | $4.8M | Reduce -2.1% |
| EW Edwards Lifesciences Corp. | 0.51% | 58,611 | $4.7M | Reduce -1.9% |
| LRCX Lam Research Corp. | 0.50% | 21,700 | $4.6M | Reduce -6.1% |
| DHR Danaher Corp. | 0.49% | 24,077 | $4.6M | Add +0.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.48% | 20,564 | $4.5M | Reduce -1.8% |
| GLDM SPDR Gold Minishares Trust | 0.48% | 48,100 | $4.5M | Reduce -9.9% |
| CB Chubb Ltd. | 0.44% | 12,566 | $4.1M | Reduce -1.0% |
| LLY Eli Lilly & Co. | 0.43% | 4,293 | $3.9M | Add +3.1% |
| SHW The Sherwin-Williams Co. | 0.42% | 12,064 | $3.9M | Add +0.4% |
| SHEL Shell PLC-ADR | 0.41% | 40,350 | $3.8M | Add +0.6% |
| APD Air Products & Chemicals Inc. | 0.39% | 12,236 | $3.6M | Reduce -0.5% |
| SIVR Abrdn Physical Silver Shares | 0.38% | 48,340 | $3.5M | Reduce -13.1% |
| NKE Nike Inc. Class B | 0.37% | 65,195 | $3.4M | Add +8.7% |
| JPM JPMorgan Chase & Co. | 0.36% | 11,399 | $3.4M | Add +4.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.36% | 12,769 | $3.3M | Add +6.5% |
| RSMC Rockefeller US Small-Mid Cap | 0.35% | 129,845 | $3.2M | Add +398.7% |
| UNP Union Pacific Corp. | 0.29% | 11,130 | $2.7M | Reduce -0.0% |
| HD Home Depot Inc. | 0.28% | 7,925 | $2.6M | Add +4.9% |
| AXP American Express Co. | 0.27% | 8,346 | $2.5M | Reduce -0.1% |
| SGOL Abrdn Physical Gold Shares | 0.26% | 54,350 | $2.4M | Reduce -0.5% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.26% | 20,660 | $2.4M | Add +16.4% |
| TEL Te Connectivity PLC | 0.25% | 11,178 | $2.3M | Add +1.2% |
| VNQ Vanguard Real Estate ETF | 0.24% | 25,025 | $2.2M | Add +2.1% |
| CAT Caterpillar Inc. | 0.24% | 3,072 | $2.2M | Reduce -8.2% |
| DEO Diageo PLC-Sponsored ADR | 0.23% | 28,954 | $2.2M | Reduce -10.7% |
| COST Costco Wholesale Corp. | 0.21% | 1,900 | $1.9M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 0.19% | 8,430 | $1.8M | Reduce -0.2% |
| VIG Vanguard Dividend Apprec ETF | 0.19% | 8,121 | $1.7M | Add +6.3% |
| NSC Norfolk Southern Corp. | 0.19% | 6,067 | $1.7M | No change |
| MDY State Street SPDR S&P Midcap | 0.18% | 2,700 | $1.7M | No change |
| NEE Nextera Energy Inc. | 0.18% | 17,754 | $1.6M | Add +10.6% |
| DUK Duke Energy Corp. | 0.17% | 11,958 | $1.6M | No change |
| VTWO Vanguard Russell 2000 ETF | 0.16% | 14,865 | $1.5M | Add +4.9% |
| QQQM Invesco Nasdaq 100 ETF | 0.15% | 5,801 | $1.4M | No change |
| EEM iShares MSCI Emerging Market | 0.14% | 22,900 | $1.3M | Reduce -3.8% |
| IVV iShares Core S&P 500 ETF | 0.13% | 1,887 | $1.2M | No change |
| GEHC GE Healthcare Technology | 0.12% | 15,218 | $1.1M | Reduce -10.6% |
| AON Aon PLC Class A | 0.11% | 3,100 | $1.0M | Reduce -0.3% |
| NOC Northrop Grumman Corp. | 0.10% | 1,361 | $929K | Reduce -3.5% |
| INTC Intel Corp. | 0.10% | 20,780 | $917K | Reduce -0.7% |
| SBUX Starbucks Corp. | 0.10% | 10,220 | $916K | Add +9.1% |
| FTV Fortive Corp. | 0.10% | 16,128 | $892K | Reduce -4.7% |
| CARR Carrier Global Corp. | 0.09% | 14,930 | $841K | No change |
| VNQI Vanguard GLBL Ex-US Real Est | 0.09% | 18,850 | $838K | No change |
| VFH Vanguard Financials ETF | 0.09% | 6,850 | $828K | No change |
| RY Royal Bank of Canada | 0.09% | 5,006 | $810K | No change |
| AMGN Amgen Inc. | 0.09% | 2,286 | $804K | Add +5.2% |
| TR Tootsie Roll Inds | 0.08% | 17,844 | $762K | Add +1.3% |
| FDX FedEx Corp. | 0.08% | 2,050 | $730K | No change |
| ITW Illinois Tool Works | 0.08% | 2,754 | $717K | Add +8.0% |
| DVYE iShares Emerging Markets Div | 0.08% | 20,400 | $701K | No change |
| ADI Analog Devices Inc. | 0.07% | 2,126 | $676K | No change |
| VLTO Veralto Corp. | 0.07% | 7,533 | $666K | Reduce -11.0% |
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -3.8% | 5.62% | −1.91 |
| AAPL Apple Inc. | Reduce -3.0% | 6.56% | −0.59 |
| IDXX Idexx Laboratories Inc. | Reduce -4.2% | 2.13% | −0.51 |
| ABT Abbott Laboratories | Reduce -0.2% | 2.15% | −0.45 |
| PGR Progressive Corp. | Reduce -3.3% | 1.42% | −0.24 |
| ABBV Abbvie Inc. | Reduce -1.9% | 4.22% | −0.24 |
| WFC Wells Fargo & Co. | Reduce -1.7% | 1.10% | −0.19 |
| DIS The Walt Disney Co. | Reduce -0.1% | 0.99% | −0.16 |
| GE General Electric | Reduce -1.1% | 1.84% | −0.15 |
| GOOGL Alphabet Inc. Class A | Reduce -1.9% | 1.17% | −0.11 |
| GOOG Alphabet Inc. Class C | Reduce -2.6% | 0.62% | −0.07 |
| DEO Diageo PLC-Sponsored ADR | Reduce -10.7% | 0.23% | −0.07 |
| SYK Stryker Corp. | Reduce -1.0% | 0.98% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.3% | 0.97% | −0.06 |
| AXP American Express Co. | Reduce -0.1% | 0.27% | −0.06 |
| NVDA Nvidia Corp. | Reduce -2.9% | 0.64% | −0.06 |
| FDIQ Inv BLB Fin Data PRV ETF-Usi | Sold out | 0.00% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -58.4% | 0.02% | −0.04 |
| EW Edwards Lifesciences Corp. | Reduce -1.9% | 0.51% | −0.04 |
| ORLY O'reilly Automotive Inc. | Reduce -3.8% | 2.73% | −0.04 |
| PH Parker Hannifin Corp. | Reduce -4.3% | 2.65% | −0.03 |
| GEHC GE Healthcare Technology | Reduce -10.6% | 0.12% | −0.03 |
| EXPD Expeditors Intl Wash Inc. | Reduce -2.6% | 0.52% | −0.03 |
| SIVR Abrdn Physical Silver Shares | Reduce -13.1% | 0.38% | −0.03 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -0.2% | 0.19% | −0.02 |
| VLTO Veralto Corp. | Reduce -11.0% | 0.07% | −0.02 |
| ACN Accenture PLC Class A | Reduce -0.4% | 0.05% | −0.02 |
| AXON Axon Enterprise Inc. | Reduce -2.9% | 0.04% | −0.01 |
| OTIS Otis Worldwide Corp. | Reduce -8.7% | 0.05% | −0.01 |
| EMR Emerson Electric Co. | Reduce -2.1% | 0.52% | −0.01 |
| BAC Bank of America Corp. | Reduce -4.0% | 0.06% | −0.01 |
| AON Aon PLC Class A | Reduce -0.3% | 0.11% | −0.01 |
| ROK Rockwell Automation Inc. | Reduce -2.8% | 0.07% | −0.01 |
| WY Weyerhaeuser Co. | Reduce -18.3% | 0.03% | −0.01 |
| SYY Sysco Corp. | Reduce -9.6% | 0.04% | −0.01 |
| GLDM SPDR Gold Minishares Trust | Reduce -9.9% | 0.48% | −0.00 |
| FTV Fortive Corp. | Reduce -4.7% | 0.10% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.7% | 0.05% | −0.00 |
| EEM iShares MSCI Emerging Market | Reduce -3.8% | 0.14% | +0.00 |
| WM Waste Management Inc. | Reduce -2.7% | 0.07% | +0.00 |
| SLB SLB Ltd. | Reduce -18.9% | 0.03% | +0.00 |
| AEM Agnico Eagle Mines Ltd. | Reduce -10.0% | 0.03% | +0.00 |
| T AT&T Inc. | Reduce -9.9% | 0.05% | +0.00 |
| OKE Oneok Inc. | Reduce -1.8% | 0.03% | +0.01 |
| COP Conocophillips | Reduce -18.6% | 0.04% | +0.01 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -4.0% | 0.97% | +0.01 |
| SO The Southern Co. | Reduce -0.2% | 0.07% | +0.01 |
| ENB Enbridge Inc. | Reduce -1.1% | 0.06% | +0.01 |
| AMAT Applied Materials Inc. | Reduce -5.0% | 0.04% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| GWRE Guidewire Software Inc. | New | 0.97% | +0.97 |
| TYL Tyler Technologies Inc. | New | 0.95% | +0.95 |
| RSMC Rockefeller US Small-Mid Cap | Add +398.7% | 0.35% | +0.28 |
| JNJ Johnson & Johnson | Add +1.4% | 1.45% | +0.26 |
| CVX Chevron Corp. | Add +0.1% | 0.74% | +0.20 |
| MRK Merck & Co. Inc. | Add +0.8% | 0.89% | +0.13 |
| PEP Pepsico Inc. | Add +0.1% | 1.37% | +0.12 |
| BOH Bank of Hawaii Corp. | Add +1.2% | 0.91% | +0.09 |
| SHEL Shell PLC-ADR | Add +0.6% | 0.41% | +0.09 |
| KRE SS SPDR S&P Regional Bank | New | 0.05% | +0.05 |
| PG The Procter & Gamble Co. | Add +0.0% | 2.52% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +0.2% | 2.28% | +0.05 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Add +16.4% | 0.26% | +0.04 |
| NEE Nextera Energy Inc. | Add +10.6% | 0.18% | +0.04 |
| RTX RTX Corp. | Add +1.0% | 0.56% | +0.04 |
| AVGO Broadcom Inc. | New | 0.04% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +6.5% | 0.36% | +0.03 |
| GD General Dynamics Corp. | New | 0.03% | +0.03 |
| AEP American Electric Power | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | New | 0.02% | +0.02 |
| IEMG iShares Core MSCI Emerging | New | 0.02% | +0.02 |
| FTNT Fortinet Inc. | New | 0.02% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +45.3% | 0.06% | +0.02 |
| SRE Sempra | Add +24.6% | 0.06% | +0.02 |
| SBUX Starbucks Corp. | Add +9.1% | 0.10% | +0.01 |
| TR Tootsie Roll Inds | Add +1.3% | 0.08% | +0.01 |
| HON Honeywell International Inc. | Add +5.8% | 0.06% | +0.01 |
| AMGN Amgen Inc. | Add +5.2% | 0.09% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | Add +4.9% | 0.16% | +0.01 |
| ITW Illinois Tool Works | Add +8.0% | 0.08% | +0.01 |
| WEC WEC Energy Group Inc. | Add +9.7% | 0.05% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +6.3% | 0.19% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +2.1% | 0.24% | +0.01 |
| WAT Waters Corp. | Add +39.1% | 0.06% | +0.01 |
| HD Home Depot Inc. | Add +4.9% | 0.28% | +0.00 |
| TD Toronto-Dominion Bank | Add +5.2% | 0.06% | +0.00 |
| SHW The Sherwin-Williams Co. | Add +0.4% | 0.42% | +0.00 |
| AVB Avalonbay Communities Inc. | Add +16.4% | 0.03% | +0.00 |
| RPM RPM International Inc. | Add +1.2% | 0.04% | −0.00 |
| PAYX Paychex Inc. | Add +11.5% | 0.04% | −0.00 |
| QCOM Qualcomm Inc. | Add +7.2% | 0.02% | −0.01 |
| JPM JPMorgan Chase & Co. | Add +4.8% | 0.36% | −0.01 |
| BDX Becton Dickinson and Co. | Add +1.6% | 0.06% | −0.01 |
| TEL Te Connectivity PLC | Add +1.2% | 0.25% | −0.02 |
| SNOW Snowflake Inc. | Add +0.8% | 0.04% | −0.02 |
| DXCM Dexcom Inc. | Add +1.2% | 0.85% | −0.03 |
| VOO Vanguard S&P 500 ETF | Add +0.1% | 1.01% | −0.03 |
| NKE Nike Inc. Class B | Add +8.7% | 0.37% | −0.04 |
| LLY Eli Lilly & Co. | Add +3.1% | 0.43% | −0.05 |
| DHR Danaher Corp. | Add +0.4% | 0.49% | −0.09 |
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 |