R.H. Dinel Investment Counsel, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 13, 2026), R.H. Dinel Investment Counsel, Inc. reported 40 stock positions worth $130.2 million. Its top holding was Microsoft (MSFT) at 13.0% of the portfolio, followed by Qualcomm (QCOM, 7.2%) and Thermo Fisher Scientific (TMO, 6.9%). Compared with Q1 2026, it opened 1 new position, sold out of 1, added to 1 and reduced 4. The biggest buy was a new position in Ferrari (RACE) and the biggest sale Microsoft (MSFT, shares −0%).

Most Recent 13F
Q2 2026
Location
LOS ANGELES, CA
CIK
0001598352
Portfolio Value
$130.2M (Q2 2026)
SEC Filing
0001598352-26-000003 ↗ filed Jul 13, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $156.4M Q1 2024 Q2 2024: $156.2M Q2 2024 Q3 2024: $160.1M Q3 2024 Q4 2024: $149.8M Q4 2024 Q1 2025: $146.6M Q1 2025 Q2 2025: $150.0M Q2 2025 Q3 2025: $155.0M Q3 2025 Q4 2025: $136.5M Q4 2025 Q1 2026: $123.6M Q1 2026 Q2 2026: $130.2M $130.2M Q2 2026

Holdings 40 stocks · $130.2M
MSFT Microsoft Corp. 13.03% 45,465 $17.0M Reduce -0.2%
QCOM Qualcomm Inc. 7.20% 50,725 $9.4M No change
TMO Thermo Fisher Scientific Inc. 6.90% 17,921 $9.0M No change
META Meta Platforms Inc. Class A 6.85% 15,825 $8.9M No change
ADP Automatic Data Processing 5.62% 32,650 $7.3M Add +32.7%
AMGN Amgen Inc. 5.37% 19,325 $7.0M No change
SBUX Starbucks Corp. 5.12% 65,175 $6.7M Reduce -0.8%
ORCL Oracle Corp. 4.46% 39,600 $5.8M No change
BRK.B Berkshire Hathaway Inc. Class B 3.87% 10,075 $5.0M No change
KO The Coca-Cola Co. 3.40% 54,450 $4.4M No change
WMT Walmart Inc. 3.35% 38,475 $4.4M Reduce -1.8%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 3.31% 37,850 $4.3M No change
ADBE Adobe Inc. 3.26% 20,705 $4.2M No change
CVX Chevron Corp. 3.21% 25,191 $4.2M No change
MRK Merck & Co. Inc. 3.10% 31,365 $4.0M No change
XOM Exxonmobil Holdings Corp. 2.15% 20,442 $2.8M No change
CL Colgate-Palmolive Co. 1.94% 27,575 $2.5M No change
RACE Ferrari NV 1.69% 5,900 $2.2M New
OKE Oneok Inc. 1.64% 24,509 $2.1M No change
HUBB Hubbell Inc. 1.55% 3,850 $2.0M No change
EPD Enterprise Products Partners 1.48% 52,350 $1.9M No change
PFE Pfizer Inc. 1.26% 67,935 $1.6M No change
HSY The Hershey Co. 1.14% 8,470 $1.5M No change
SIRI Sirius XM Holdings Inc. 1.01% 44,593 $1.3M No change
CMCSA Comcast Corp. Class A 1.01% 53,424 $1.3M No change
JPM JPMorgan Chase & Co. 0.98% 3,892 $1.3M Reduce -4.9%
A Agilent Technologies Inc. 0.79% 7,700 $1.0M No change
LLYVA Liberty Live Holdings Class A 0.74% 9,538 $966K No change
DLB Dolby Laboratories Inc. Class A 0.71% 17,650 $928K No change
VZ Verizon Communications Inc. 0.59% 18,193 $770K No change
WBD Warner Bros Discovery Inc. 0.51% 24,700 $659K No change
KMB Kimberly-Clark Corp. 0.49% 5,775 $634K No change
SHEL Shell PLC-ADR 0.48% 8,015 $621K No change
UPS United Parcel Service Class B 0.39% 4,775 $513K No change
LLYVK Liberty Live Holdings Class C 0.37% 4,579 $484K No change
PG The Procter & Gamble Co. 0.31% 2,743 $402K No change
PAA Plains All Amer Pipeline LP 0.29% 17,000 $378K No change
T AT&T Inc. 0.26% 16,393 $339K No change
KMI Kinder Morgan Inc. 0.19% 7,800 $249K No change
GIS General Mills Inc. 0.03% 1,066 $37K No change

Portfolio Sells Q1 2026 → Q2 2026
MSFT Microsoft Corp. Reduce -0.2% 13.03% −0.62
WMT Walmart Inc. Reduce -1.8% 3.35% −0.59
VSNT Versant Media Group Inc. Sold out 0.00% −0.06
JPM JPMorgan Chase & Co. Reduce -4.9% 0.98% +0.00
SBUX Starbucks Corp. Reduce -0.8% 5.12% +0.36

Portfolio Buys Q1 2026 → Q2 2026
RACE Ferrari NV New 1.69% +1.69
ADP Automatic Data Processing Add +32.7% 5.62% +1.57

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 40$130.2MMSFT, QCOM, TMO, META, ADP
Q1 2026 40$123.6MMSFT, META, TMO, AMGN, QCOM
Q4 2025 40$136.5MMSFT, META, TMO, QCOM, ORCL
Q3 2025 42$155.0MMSFT, META, ORCL, TMO, ADBE
Q2 2025 42$150.0MMSFT, META, ADBE, ORCL, ADP
Q1 2025 42$146.6MMSFT, TMO, ADBE, META, ADP
Q4 2024 42$149.8MMSFT, ADBE, TMO, META, QCOM
Q3 2024 42$160.1MMSFT, ADBE, TMO, QCOM, META
Q2 2024 44$156.2MMSFT, ADBE, QCOM, TMO, META
Q1 2024 54$156.4MMSFT, ADBE, TMO, QCOM, MRK