Northwest Investment Counselors, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 12, 2024), Northwest Investment Counselors, LLC reported 531 stock positions worth $410.6 million. Its top holding was Microsoft (MSFT) at 8.3% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 5.9%) and iShares Global Timber & Fore (WOOD, 3.9%). Compared with Q4 2023, it opened 393 new positions, added to 35 and reduced 80. The biggest buy was Nvidia (NVDA, shares +97%) and the biggest sale iShares Intermediate Governm (GVI, shares −3%).
- Most Recent 13F
- Q3 2024
- Location
- Lake Oswego, OR
- CIK
- 0001428350
- Portfolio Value
- $410.6M (Q1 2024)
- SEC Filing
- 0001420506-24-000578 ↗ filed Apr 12, 2024
Holdings Value
Holdings 531 stocks · $410.6M
| MSFT Microsoft Corp. | 8.27% | 80,730 | $34.0M | Reduce -0.9% |
| SCHF Schwab Intl Equity ETF | 5.86% | 616,861 | $24.1M | Reduce -0.4% |
| WOOD iShares Global Timber & Fore | 3.89% | 189,395 | $16.0M | Reduce -0.3% |
| AAPL Apple Inc. | 2.66% | 63,704 | $10.9M | Add +0.6% |
| SCHA Schwab US Small-Cap ETF | 2.59% | 216,098 | $10.6M | Reduce -0.5% |
| ORCL Oracle Corp. | 2.35% | 76,965 | $9.7M | Reduce -1.3% |
| SCHX Schwab US Large-Cap ETF | 2.25% | 149,091 | $9.3M | Add +0.8% |
| GVI iShares Intermediate Governm | 1.99% | 78,720 | $8.2M | Reduce -2.8% |
| CAT Caterpillar Inc. | 1.96% | 21,918 | $8.0M | Add +2.1% |
| SCHZ Schwab US Aggregate Bond ETF | 1.89% | 168,491 | $7.8M | Add +5.3% |
| GOOG Alphabet Inc. Class C | 1.66% | 44,714 | $6.8M | Add +0.9% |
| EMR Emerson Electric Co. | 1.41% | 51,174 | $5.8M | Reduce -1.1% |
| ACN Accenture PLC Class A | 1.29% | 15,224 | $5.3M | Reduce -0.9% |
| AMZN Amazon.com Inc. | 1.27% | 28,985 | $5.2M | Add +25.0% |
| CARR Carrier Global Corp. | 1.25% | 88,200 | $5.1M | Reduce -2.6% |
| CSCO Cisco Systems Inc. | 1.23% | 101,485 | $5.1M | Reduce -1.5% |
| PEP Pepsico Inc. | 1.20% | 28,116 | $4.9M | Reduce -2.0% |
| HON Honeywell International Inc. | 1.14% | 22,864 | $4.7M | Reduce -1.4% |
| AZO AutoZone Inc. | 1.13% | 1,468 | $4.6M | Reduce -2.5% |
| FICO Fair Isaac Corp. | 1.12% | 3,687 | $4.6M | Reduce -11.3% |
| SCHW Schwab (charles) Corp. | 1.08% | 61,404 | $4.4M | Add +5.0% |
| ADP Automatic Data Processing | 1.03% | 16,984 | $4.2M | Add +0.1% |
| WMT Walmart Inc. | 1.03% | 70,001 | $4.2M | Reduce -2.0% |
| SCHD Schwab US DVD Equity ETF | 1.01% | 51,199 | $4.1M | Add +0.3% |
| PG The Procter & Gamble Co. | 1.00% | 25,234 | $4.1M | Reduce -5.8% |
| GE General Electric | 0.96% | 22,564 | $4.0M | Reduce -2.4% |
| ECL Ecolab Inc. | 0.96% | 17,122 | $4.0M | Reduce -2.0% |
| INTC Intel Corp. | 0.96% | 89,353 | $3.9M | Reduce -1.9% |
| NVDA Nvidia Corp. | 0.95% | 4,326 | $3.9M | Add +96.9% |
| UPS United Parcel Service Class B | 0.95% | 26,268 | $3.9M | Add +2.2% |
| MCD McDonald's Corp. | 0.94% | 13,762 | $3.9M | Reduce -0.8% |
| BLK BlackRock Finance Inc. | 0.94% | 4,627 | $3.9M | Reduce -1.6% |
| CME Cme Group Inc. | 0.94% | 17,913 | $3.9M | Reduce -0.1% |
| NKE Nike Inc. Class B | 0.91% | 39,623 | $3.7M | Reduce -0.8% |
| ROK Rockwell Automation Inc. | 0.89% | 12,603 | $3.7M | Reduce -1.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.89% | 63,578 | $3.7M | Reduce -2.2% |
| MCO Moody's Corp. | 0.89% | 9,302 | $3.7M | Reduce -1.5% |
| LH Laboratory CRP of Amer Hldgs | 0.86% | 16,169 | $3.5M | Reduce -0.4% |
| IVV iShares Core S&P 500 ETF | 0.85% | 6,636 | $3.5M | Reduce -0.5% |
| MCHP Microchip Technology Inc. | 0.84% | 38,504 | $3.5M | Add +2.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.84% | 28,219 | $3.5M | Reduce -1.3% |
| A Agilent Technologies Inc. | 0.83% | 23,497 | $3.4M | Add +1.8% |
| MCK McKesson Corp. | 0.81% | 6,221 | $3.3M | Reduce -4.5% |
| MRSH Marsh & McLennan Cos | 0.80% | 15,861 | $3.3M | Reduce -1.0% |
| PAYX Paychex Inc. | 0.79% | 26,411 | $3.2M | Reduce -2.2% |
| LMT Lockheed Martin Corp. | 0.79% | 7,102 | $3.2M | Reduce -0.9% |
| MAS Masco Corp. | 0.77% | 40,294 | $3.2M | Reduce -2.6% |
| HD Home Depot Inc. | 0.77% | 8,261 | $3.2M | Reduce -1.2% |
| SYY Sysco Corp. | 0.77% | 38,823 | $3.2M | Add +0.9% |
| BDX Becton Dickinson and Co. | 0.76% | 12,536 | $3.1M | Reduce -2.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.74% | 24,855 | $3.0M | Reduce -0.1% |
| TXN Texas Instruments Inc. | 0.71% | 16,794 | $2.9M | Add +0.6% |
| MDT Medtronic PLC | 0.71% | 33,286 | $2.9M | Reduce -1.1% |
| SBUX Starbucks Corp. | 0.67% | 30,250 | $2.8M | Reduce -2.2% |
| GOOGL Alphabet Inc. Class A | 0.63% | 17,005 | $2.6M | Add +6.8% |
| ABT Abbott Laboratories | 0.61% | 22,096 | $2.5M | Add +0.7% |
| WAT Waters Corp. | 0.60% | 7,171 | $2.5M | Reduce -0.9% |
| EXPD Expeditors Intl Wash Inc. | 0.59% | 19,846 | $2.4M | Reduce -0.5% |
| EFX Equifax Inc. | 0.59% | 8,983 | $2.4M | Add +0.3% |
| FDX FedEx Corp. | 0.58% | 8,274 | $2.4M | Add +0.4% |
| EFA iShares MSCI Eafe ETF | 0.57% | 29,220 | $2.3M | Reduce -12.3% |
| ALLE Allegion PLC | 0.55% | 16,794 | $2.3M | Add +0.7% |
| SSD Simpson Manufacturing Co. Inc. | 0.52% | 10,361 | $2.1M | Reduce -1.6% |
| CWI State Street SPDR MSCI Acwi | 0.51% | 73,769 | $2.1M | Reduce -1.2% |
| NSP Insperity Inc. | 0.50% | 18,644 | $2.0M | Reduce -0.1% |
| STT State Street Corp. | 0.47% | 25,044 | $1.9M | Reduce -4.0% |
| BR Broadridge Financial Solutio | 0.47% | 9,364 | $1.9M | Reduce -0.8% |
| DEO Diageo PLC-Sponsored ADR | 0.45% | 12,494 | $1.9M | Reduce -2.5% |
| UL Unilever PLC | 0.45% | 36,788 | $1.8M | Reduce -4.7% |
| SWK Stanley Black & Decker Inc. | 0.44% | 18,484 | $1.8M | Reduce -3.1% |
| ILMN Illumina Inc. | 0.41% | 12,207 | $1.7M | Add +3.8% |
| META Meta Platforms Inc. Class A | 0.40% | 3,400 | $1.7M | Add +6.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.39% | 6,222 | $1.6M | Add +114.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 3,633 | $1.5M | No change |
| GNRC Generac Holdings Inc. | 0.37% | 12,110 | $1.5M | Reduce -0.8% |
| MTD Mettler-Toledo International | 0.33% | 1,021 | $1.4M | No change |
| ORLY O'reilly Automotive Inc. | 0.33% | 1,200 | $1.4M | No change |
| AMN Amn Healthcare Services Inc. | 0.32% | 20,993 | $1.3M | Reduce -0.5% |
| MRK Merck & Co. Inc. | 0.31% | 9,716 | $1.3M | Add +1.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.31% | 2 | $1.3M | No change |
| AMAT Applied Materials Inc. | 0.30% | 6,036 | $1.2M | Add +196.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 2,357 | $1.2M | Reduce -0.3% |
| MDLZ Mondelez International Inc. Class A | 0.29% | 16,818 | $1.2M | Reduce -3.4% |
| MSM MSC Industrial Direct Co. Class A | 0.28% | 11,982 | $1.2M | Reduce -2.7% |
| NEOG Neogen Corp. | 0.28% | 71,621 | $1.1M | Add +1.1% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.27% | 44,430 | $1.1M | Reduce -9.1% |
| ST Sensata Technologies Holdplc | 0.25% | 28,174 | $1.0M | Add +1.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 2,327 | $1.0M | Add +5.0% |
| AMGN Amgen Inc. | 0.25% | 3,603 | $1.0M | Add +7.5% |
| CL Colgate-Palmolive Co. | 0.22% | 10,173 | $916K | Reduce -12.8% |
| CLX Clorox Company | 0.22% | 5,968 | $914K | Reduce -7.8% |
| COST Costco Wholesale Corp. | 0.21% | 1,197 | $877K | Add +2.4% |
| DBX Dropbox Inc. Class A | 0.20% | 34,434 | $837K | Reduce -1.7% |
| GEHC GE Healthcare Technology | 0.20% | 9,019 | $820K | Reduce -1.3% |
| FDS Factset Research Systems Inc. | 0.19% | 1,692 | $769K | Reduce -2.9% |
| NOC Northrop Grumman Corp. | 0.17% | 1,501 | $718K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.17% | 2,001 | $689K | Add +0.1% |
| NVST Envista Holdings Corp. | 0.16% | 31,442 | $672K | Reduce -1.1% |
| VIG Vanguard Dividend Apprec ETF | 0.16% | 3,635 | $664K | No change |
| JPM JPMorgan Chase & Co. | 0.16% | 3,312 | $663K | Add +0.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 103 | $4K | New |
Total filed on the 13F, all lines: $410.6M.
Portfolio Sells Q4 2023 → Q1 2024
| GVI iShares Intermediate Governm | Reduce -2.8% | 1.99% | −0.27 |
| INTC Intel Corp. | Reduce -1.9% | 0.96% | −0.26 |
| SCHF Schwab Intl Equity ETF | Reduce -0.4% | 5.86% | −0.26 |
| NKE Nike Inc. Class B | Reduce -0.8% | 0.91% | −0.25 |
| WOOD iShares Global Timber & Fore | Reduce -0.3% | 3.89% | −0.24 |
| FICO Fair Isaac Corp. | Reduce -11.3% | 1.12% | −0.17 |
| ROK Rockwell Automation Inc. | Reduce -1.6% | 0.89% | −0.17 |
| CSCO Cisco Systems Inc. | Reduce -1.5% | 1.23% | −0.16 |
| HON Honeywell International Inc. | Reduce -1.4% | 1.14% | −0.16 |
| ACN Accenture PLC Class A | Reduce -0.9% | 1.29% | −0.16 |
| MCD McDonald's Corp. | Reduce -0.8% | 0.94% | −0.16 |
| SCHA Schwab US Small-Cap ETF | Reduce -0.5% | 2.59% | −0.15 |
| FWRD Forward Air Corp. | Reduce -6.2% | 0.11% | −0.14 |
| CARR Carrier Global Corp. | Reduce -2.6% | 1.25% | −0.14 |
| LH Laboratory CRP of Amer Hldgs | Reduce -0.4% | 0.86% | −0.13 |
| SBUX Starbucks Corp. | Reduce -2.2% | 0.67% | −0.12 |
| PEP Pepsico Inc. | Reduce -2.0% | 1.20% | −0.10 |
| AMN Amn Healthcare Services Inc. | Reduce -0.5% | 0.32% | −0.10 |
| EFA iShares MSCI Eafe ETF | Reduce -12.3% | 0.57% | −0.10 |
| MCO Moody's Corp. | Reduce -1.5% | 0.89% | −0.10 |
| EXPD Expeditors Intl Wash Inc. | Reduce -0.5% | 0.59% | −0.09 |
| NSP Insperity Inc. | Reduce -0.1% | 0.50% | −0.09 |
| LMT Lockheed Martin Corp. | Reduce -0.9% | 0.79% | −0.08 |
| BLK BlackRock Finance Inc. | Reduce -1.6% | 0.94% | −0.08 |
| BDX Becton Dickinson and Co. | Reduce -2.0% | 0.76% | −0.08 |
| BA The Boeing Co. | Reduce -0.1% | 0.15% | −0.07 |
| DBX Dropbox Inc. Class A | Reduce -1.7% | 0.20% | −0.07 |
| CME Cme Group Inc. | Reduce -0.1% | 0.94% | −0.07 |
| PAYX Paychex Inc. | Reduce -2.2% | 0.79% | −0.07 |
| STT State Street Corp. | Reduce -4.0% | 0.47% | −0.07 |
| SWK Stanley Black & Decker Inc. | Reduce -3.1% | 0.44% | −0.06 |
| BR Broadridge Financial Solutio | Reduce -0.8% | 0.47% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -5.8% | 1.00% | −0.05 |
| UL Unilever PLC | Reduce -4.7% | 0.45% | −0.05 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -9.1% | 0.27% | −0.05 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.4% | 0.29% | −0.05 |
| MSM MSC Industrial Direct Co. Class A | Reduce -2.7% | 0.28% | −0.05 |
| GNRC Generac Holdings Inc. | Reduce -0.8% | 0.37% | −0.05 |
| DEO Diageo PLC-Sponsored ADR | Reduce -2.5% | 0.45% | −0.05 |
| NVST Envista Holdings Corp. | Reduce -1.1% | 0.16% | −0.04 |
| SSD Simpson Manufacturing Co. Inc. | Reduce -1.6% | 0.52% | −0.04 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -39.9% | 0.05% | −0.04 |
| WAT Waters Corp. | Reduce -0.9% | 0.60% | −0.04 |
| MDT Medtronic PLC | Reduce -1.1% | 0.71% | −0.04 |
| FDS Factset Research Systems Inc. | Reduce -2.9% | 0.19% | −0.03 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -22.6% | 0.08% | −0.03 |
| CWI State Street SPDR MSCI Acwi | Reduce -1.2% | 0.51% | −0.03 |
| CL Colgate-Palmolive Co. | Reduce -12.8% | 0.22% | −0.03 |
| CLX Clorox Company | Reduce -7.8% | 0.22% | −0.02 |
| XRAY Dentsply Sirona Inc. | Reduce -0.5% | 0.12% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +96.9% | 0.95% | +0.66 |
| AMZN Amazon.com Inc. | Add +25.0% | 1.27% | +0.33 |
| CAT Caterpillar Inc. | Add +2.1% | 1.96% | +0.26 |
| AMAT Applied Materials Inc. | Add +196.5% | 0.30% | +0.21 |
| VTI VG Morningstar TS MKT ETF-US | Add +114.8% | 0.39% | +0.21 |
| META Meta Platforms Inc. Class A | Add +6.3% | 0.40% | +0.10 |
| NFLX Netflix Inc. | New | 0.09% | +0.09 |
| TSLA Tesla Inc. | New | 0.07% | +0.07 |
| DHR Danaher Corp. | New | 0.05% | +0.05 |
| GPN Global Payments Inc. | New | 0.05% | +0.05 |
| ABBV Abbvie Inc. | New | 0.05% | +0.05 |
| UNH Unitedhealth Group Inc. | New | 0.05% | +0.05 |
| DE Deere & Co. | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | New | 0.04% | +0.04 |
| REGN Regeneron Pharmaceuticals | New | 0.04% | +0.04 |
| RTX RTX Corp. | New | 0.04% | +0.04 |
| K Kellanova | New | 0.04% | +0.04 |
| BMY Bristol-Myers Squibb Co. | New | 0.04% | +0.04 |
| KO The Coca-Cola Co. | New | 0.04% | +0.04 |
| XLE SS Energy Select Sector | New | 0.04% | +0.04 |
| T AT&T Inc. | New | 0.04% | +0.04 |
| MO Altria Group Inc. | New | 0.04% | +0.04 |
| SYK Stryker Corp. | New | 0.03% | +0.03 |
| IART Integra Lifesciences Holding | New | 0.03% | +0.03 |
| LIN Linde PLC | New | 0.03% | +0.03 |
| CMG Chipotle Mexican Grill Inc. | New | 0.03% | +0.03 |
| IEMG iShares Core MSCI Emerging | New | 0.03% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | New | 0.03% | +0.03 |
| BKNG Booking Holdings Inc. | New | 0.03% | +0.03 |
| SDY SS SPDR S&P Dividend ETF | New | 0.03% | +0.03 |
| IBM Intl Business Machines Corp. | New | 0.03% | +0.03 |
| MRK Merck & Co. Inc. | Add +1.3% | 0.31% | +0.03 |
| IVW iShares S&P 500 Growth ETF | New | 0.03% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +6.8% | 0.63% | +0.03 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| SCHM Schwab US Mid Cap ETF | New | 0.03% | +0.03 |
| HSY The Hershey Co. | New | 0.03% | +0.03 |
| JNJ Johnson & Johnson | New | 0.03% | +0.03 |
| AGG iShares Core U.S. Aggregate | New | 0.03% | +0.03 |
| SRE Sempra | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.03% | +0.03 |
| QCOM Qualcomm Inc. | New | 0.03% | +0.03 |
| BUD Anheuser-Busch Inbev-SPN ADR | New | 0.03% | +0.03 |
| NXPI NXP Semiconductors NV | New | 0.03% | +0.03 |
| AEP American Electric Power | New | 0.03% | +0.03 |
| CMCSA Comcast Corp. Class A | New | 0.03% | +0.03 |
| EQNR Equinor ASA-Spon ADR | New | 0.03% | +0.03 |
| VZ Verizon Communications Inc. | New | 0.03% | +0.03 |
| KHC The Kraft Heinz Co. | New | 0.03% | +0.03 |
| FDX FedEx Corp. | Add +0.4% | 0.58% | +0.03 |
Notes & Other Activity Q4 2023 → Q1 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 103 | $4K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.