R.H. Dinel Investment Counsel, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), R.H. Dinel Investment Counsel, Inc. reported 40 stock positions worth $136.5 million. Its top holding was Microsoft (MSFT) at 16.3% of the portfolio, followed by Meta Platforms Class A (META, 7.7%) and Thermo Fisher Scientific (TMO, 7.6%). Compared with Q3 2025, it sold out of 2 and reduced 16. The biggest sale was Oracle (ORCL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001598352
- Portfolio Value
- $136.5M (Q4 2025)
- SEC Filing
- 0001598352-26-000001 ↗ filed Jan 14, 2026
Holdings Value
Holdings 40 stocks · $136.5M
| MSFT Microsoft Corp. | 16.26% | 45,865 | $22.2M | Reduce -7.7% |
| META Meta Platforms Inc. Class A | 7.66% | 15,825 | $10.4M | No change |
| TMO Thermo Fisher Scientific Inc. | 7.61% | 17,921 | $10.4M | Reduce -9.2% |
| QCOM Qualcomm Inc. | 6.36% | 50,725 | $8.7M | No change |
| ORCL Oracle Corp. | 5.66% | 39,600 | $7.7M | Reduce -0.5% |
| ADBE Adobe Inc. | 5.31% | 20,705 | $7.2M | Reduce -16.2% |
| ADP Automatic Data Processing | 4.64% | 24,600 | $6.3M | Reduce -14.6% |
| AMGN Amgen Inc. | 4.64% | 19,325 | $6.3M | Reduce -14.2% |
| SBUX Starbucks Corp. | 4.05% | 65,675 | $5.5M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 3.71% | 10,075 | $5.1M | Reduce -9.4% |
| WMT Walmart Inc. | 3.26% | 39,875 | $4.4M | Reduce -1.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 2.84% | 37,850 | $3.9M | Reduce -10.0% |
| CVX Chevron Corp. | 2.81% | 25,191 | $3.8M | Reduce -26.4% |
| KO The Coca-Cola Co. | 2.79% | 54,450 | $3.8M | No change |
| MRK Merck & Co. Inc. | 2.42% | 31,365 | $3.3M | Reduce -29.9% |
| EXAS Exact Sciences Corp. | 1.91% | 25,700 | $2.6M | No change |
| XOM Exxon Mobil Corp. | 1.80% | 20,442 | $2.5M | Reduce -8.1% |
| CL Colgate-Palmolive Co. | 1.60% | 27,575 | $2.2M | No change |
| OKE Oneok Inc. | 1.32% | 24,509 | $1.8M | No change |
| HUBB Hubbell Inc. | 1.25% | 3,850 | $1.7M | Reduce -34.8% |
| PFE Pfizer Inc. | 1.24% | 67,935 | $1.7M | No change |
| EPD Enterprise Products Partners | 1.23% | 52,350 | $1.7M | No change |
| CMCSA Comcast Corp. Class A | 1.17% | 53,424 | $1.6M | No change |
| HSY The Hershey Co. | 1.13% | 8,470 | $1.5M | Reduce -22.2% |
| JPM JPMorgan Chase & Co. | 0.97% | 4,092 | $1.3M | No change |
| DLB Dolby Laboratories Inc. Class A | 0.83% | 17,650 | $1.1M | No change |
| A Agilent Technologies Inc. | 0.77% | 7,700 | $1.0M | No change |
| SIRI Sirius XM Holdings Inc. | 0.65% | 44,593 | $892K | No change |
| LLYVA Liberty Live Holdings Class A | 0.57% | 9,538 | $777K | No change |
| VZ Verizon Communications Inc. | 0.54% | 18,193 | $741K | No change |
| WBD Warner Bros Discovery Inc. | 0.52% | 24,700 | $712K | No change |
| SHEL Shell PLC-ADR | 0.43% | 8,015 | $589K | No change |
| KMB Kimberly-Clark Corp. | 0.43% | 5,775 | $583K | Reduce -53.5% |
| UPS United Parcel Service Class B | 0.35% | 4,775 | $474K | Reduce -22.7% |
| T AT&T Inc. | 0.30% | 16,393 | $407K | No change |
| PG The Procter & Gamble Co. | 0.29% | 2,743 | $393K | No change |
| LLYVK Liberty Live Holdings Class C | 0.28% | 4,579 | $381K | No change |
| PAA Plains All Amer Pipeline LP | 0.22% | 17,000 | $305K | No change |
| KMI Kinder Morgan Inc. | 0.16% | 7,800 | $214K | No change |
| GIS General Mills Inc. | 0.04% | 1,066 | $50K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| ORCL Oracle Corp. | Reduce -0.5% | 5.66% | −1.57 |
| PEP Pepsico Inc. | Sold out | 0.00% | −1.54 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.89 |
| ADP Automatic Data Processing | Reduce -14.6% | 4.64% | −0.82 |
| CVX Chevron Corp. | Reduce -26.4% | 2.81% | −0.61 |
| KMB Kimberly-Clark Corp. | Reduce -53.5% | 0.43% | −0.57 |
| HUBB Hubbell Inc. | Reduce -34.8% | 1.25% | −0.39 |
| MSFT Microsoft Corp. | Reduce -7.7% | 16.26% | −0.35 |
| ADBE Adobe Inc. | Reduce -16.2% | 5.31% | −0.31 |
| HSY The Hershey Co. | Reduce -22.2% | 1.13% | −0.18 |
| MRK Merck & Co. Inc. | Reduce -29.9% | 2.42% | −0.00 |
| UPS United Parcel Service Class B | Reduce -22.7% | 0.35% | +0.01 |
| TROW T Rowe Price Group Inc. | Reduce -10.0% | 2.84% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -9.4% | 3.71% | +0.10 |
| XOM Exxon Mobil Corp. | Reduce -8.1% | 1.80% | +0.18 |
| AMGN Amgen Inc. | Reduce -14.2% | 4.64% | +0.53 |
| WMT Walmart Inc. | Reduce -1.0% | 3.26% | +0.58 |
| TMO Thermo Fisher Scientific Inc. | Reduce -9.2% | 7.61% | +1.43 |
Portfolio Buys Q3 2025 → Q4 2025
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 40 | $130.2M | MSFT, QCOM, TMO, META, ADP |
| Q1 2026 | 40 | $123.6M | MSFT, META, TMO, AMGN, QCOM |
| Q4 2025 | 40 | $136.5M | MSFT, META, TMO, QCOM, ORCL |
| Q3 2025 | 42 | $155.0M | MSFT, META, ORCL, TMO, ADBE |
| Q2 2025 | 42 | $150.0M | MSFT, META, ADBE, ORCL, ADP |
| Q1 2025 | 42 | $146.6M | MSFT, TMO, ADBE, META, ADP |
| Q4 2024 | 42 | $149.8M | MSFT, ADBE, TMO, META, QCOM |
| Q3 2024 | 42 | $160.1M | MSFT, ADBE, TMO, QCOM, META |
| Q2 2024 | 44 | $156.2M | MSFT, ADBE, QCOM, TMO, META |
| Q1 2024 | 54 | $156.4M | MSFT, ADBE, TMO, QCOM, MRK |