Samalin Investment Counsel, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 30, 2026), Samalin Investment Counsel, LLC reported 310 stock positions worth $280.5 million. Its top holding was Apple (AAPL) at 3.7% of the portfolio, followed by Vaneck Merk Gold ETF (OUNZ, 2.8%) and Microsoft (MSFT, 2.3%). Compared with Q3 2025, it opened 16 new positions, sold out of 30, added to 132 and reduced 155. The biggest buy was Apple (AAPL, shares +4%) and the biggest sale Nvidia (NVDA, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- CHAPPAQUA, NY
- CIK
- 0001544366
- Portfolio Value
- $280.5M (Q4 2025)
- SEC Filing
- 0002085853-26-000149 ↗ filed Jan 30, 2026
Holdings Value
Holdings 310 stocks · $280.5M
| AAPL Apple Inc. | 3.72% | 38,344 | $10.4M | Add +4.2% |
| OUNZ Vaneck Merk Gold ETF | 2.75% | 186,189 | $7.7M | Reduce -2.8% |
| MSFT Microsoft Corp. | 2.26% | 13,132 | $6.4M | Add +12.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.15% | 8,855 | $6.0M | Reduce -3.6% |
| ITOT iShares Core S&P Total U.S. | 1.77% | 33,416 | $5.0M | Add +2.5% |
| IWY iShares Russell Top 200 Grow | 1.75% | 17,690 | $4.9M | Reduce -0.1% |
| DGRO iShares Core Dividend Growth | 1.71% | 68,922 | $4.8M | Add +5.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.64% | 9,151 | $4.6M | Add +0.6% |
| IWR iShares Russell Mid-Cap ETF | 1.62% | 47,203 | $4.5M | Add +2.7% |
| GLD SPDR Gold Shares | 1.56% | 11,034 | $4.4M | Add +4.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.42% | 72,387 | $4.0M | Add +1.1% |
| NVDA Nvidia Corp. | 1.30% | 19,552 | $3.6M | Reduce -43.0% |
| EFAV iShares MSCI Eafe Min Vol Fa | 1.22% | 39,627 | $3.4M | Add +7.1% |
| META Meta Platforms Inc. Class A | 1.19% | 5,053 | $3.3M | Add +35.0% |
| DFAC Dimensional US Core Equity 2 | 1.17% | 82,887 | $3.3M | Add +4.2% |
| USTB Victoryshares Short-Term Bon | 1.11% | 61,522 | $3.1M | Add +9.0% |
| ISTB iShares Core 1-5 Year Usd Bo | 1.09% | 62,628 | $3.1M | Add +6.0% |
| TIP iShares Tips Bond ETF | 1.09% | 27,729 | $3.0M | Reduce -1.3% |
| SHY iShares 1-3 Year Treasury Bo | 1.07% | 36,393 | $3.0M | Add +3.7% |
| MPLX MPLX LP | 1.06% | 55,697 | $3.0M | Reduce -2.1% |
| QQQ Invesco QQQ Trust Series 1 | 1.04% | 4,750 | $2.9M | Reduce -11.2% |
| JPM JPMorgan Chase & Co. | 1.02% | 8,874 | $2.9M | Reduce -3.7% |
| TSLA Tesla Inc. | 0.94% | 5,858 | $2.6M | Reduce -1.0% |
| FTEC Fidelity MSCI Info Tech Indx | 0.93% | 11,674 | $2.6M | Reduce -5.4% |
| AMLP Alerian MLP ETF | 0.87% | 52,018 | $2.4M | Add +20.8% |
| IJR iShares Core S&P Small-Cap E | 0.83% | 19,371 | $2.3M | Add +4.4% |
| ETN Eaton Corp. PLC | 0.82% | 7,204 | $2.3M | Reduce -4.9% |
| EPD Enterprise Products Partners | 0.81% | 71,215 | $2.3M | Reduce -3.4% |
| PFFA Virtus Infracap US Pref STCK | 0.76% | 98,836 | $2.1M | Add +2.0% |
| UNH Unitedhealth Group Inc. | 0.67% | 5,703 | $1.9M | Add +1.5% |
| DFUV Dimensional US Marketwide Va | 0.66% | 39,954 | $1.9M | Add +6.3% |
| BIZD Vaneck BDC Income ETF | 0.66% | 130,370 | $1.8M | Reduce -10.7% |
| RQI Cohen & Steers Qual Inc. RLTY | 0.63% | 154,297 | $1.8M | Add +2.4% |
| APO Apollo Global Management Inc. | 0.61% | 11,746 | $1.7M | Reduce -1.9% |
| GOOGL Alphabet Inc. Class A | 0.60% | 5,411 | $1.7M | Reduce -12.3% |
| VNQ Vanguard Real Estate ETF | 0.60% | 18,991 | $1.7M | Add +3.5% |
| AMZN Amazon.com Inc. | 0.56% | 6,819 | $1.6M | Reduce -7.5% |
| ARCC Ares Capital Corp. | 0.56% | 77,772 | $1.6M | Add +6.0% |
| HQH Abrdn Healthcare Investors | 0.55% | 81,749 | $1.5M | Reduce -11.4% |
| DFUS Dimensional US Eq MKT ETF | 0.55% | 20,865 | $1.5M | Add +4.7% |
| RSP Invesco S&P 500 Equal Weight | 0.53% | 7,816 | $1.5M | Add +2.8% |
| DFSB Dim GLB Sustain Fix Inc. ETF | 0.52% | 27,946 | $1.4M | Add +2.2% |
| PG The Procter & Gamble Co. | 0.51% | 9,939 | $1.4M | Add +0.6% |
| EEM iShares MSCI Emerging Market | 0.50% | 25,401 | $1.4M | Reduce -1.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.49% | 32,523 | $1.4M | Reduce -2.6% |
| AVGO Broadcom Inc. | 0.49% | 3,979 | $1.4M | Reduce -9.4% |
| DFSD Dimensional Short Duration | 0.49% | 28,669 | $1.4M | Reduce -2.9% |
| WES Western Midstream Partners L | 0.48% | 34,233 | $1.4M | Reduce -4.9% |
| DFAS Dimensional US Small Cap ETF | 0.48% | 19,336 | $1.3M | Add +6.4% |
| IVV iShares Core S&P 500 ETF | 0.48% | 1,966 | $1.3M | Reduce -24.8% |
| DFCF Dimensional Core Fixed Inc. | 0.47% | 30,951 | $1.3M | Add +1.2% |
| DFIP Dimensional Inflation-Protec | 0.44% | 29,955 | $1.2M | Reduce -0.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.44% | 2,588 | $1.2M | Add +8.5% |
| XLK SS Technology Select Sector | 0.44% | 8,590 | $1.2M | Reduce -5.1% |
| JNJ Johnson & Johnson | 0.44% | 5,906 | $1.2M | Add +2.8% |
| CGBD Carlyle Secured Lending Inc. | 0.43% | 97,454 | $1.2M | New |
| DUHP Dimensional US High Profi Et | 0.42% | 30,781 | $1.2M | Add +6.0% |
| RVT Royce Small-Cap Trust Inc. | 0.41% | 71,596 | $1.2M | Reduce -4.6% |
| HTD John Hancock Tax Adv DVD Inc. filed as HANCOCK JOHN TAX-ADVANTAGED | 0.41% | 48,207 | $1.1M | Reduce -1.8% |
| PTY PIMCO Corporate & Income Opp | 0.40% | 86,606 | $1.1M | Reduce -3.5% |
| OPRA Opera Ltd.-ADR | 0.39% | 77,991 | $1.1M | Reduce -2.4% |
| DFAI Dimensional International Co. | 0.39% | 28,676 | $1.1M | Add +5.5% |
| XAWPX Abrdn Global Premier Propert | 0.38% | 277,902 | $1.1M | Reduce -5.7% |
| ERO Ero Copper Corp. | 0.38% | 37,507 | $1.1M | Reduce -1.5% |
| OHI Omega Healthcare Investors | 0.37% | 23,684 | $1.1M | Add +0.9% |
| HD Home Depot Inc. | 0.37% | 3,010 | $1.0M | Reduce -3.5% |
| THQ Abrdn Healthcare Opport | 0.37% | 54,052 | $1.0M | Reduce -8.3% |
| RDDT Reddit Inc. Class A | 0.36% | 4,413 | $1.0M | Reduce -12.3% |
| PDO PIMCO Dynamic Income Opport | 0.36% | 73,233 | $1.0M | Reduce -3.9% |
| DFLV Dim US Large Cap Value ETF | 0.36% | 29,624 | $1.0M | Add +6.2% |
| OBDC Blue Owl Capital Corp. | 0.36% | 81,491 | $1.0M | Reduce -6.2% |
| O Realty Income Corp. | 0.36% | 17,938 | $1.0M | Add +1.2% |
| WPC WP Carey Inc. | 0.36% | 15,662 | $1.0M | Reduce -0.2% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 14,832 | $979K | Add +7.5% |
| LLY Eli Lilly & Co. | 0.35% | 908 | $975K | Add +3.9% |
| V Visa Inc. Class A | 0.35% | 2,771 | $972K | Reduce -4.0% |
| BGR BlackRock Enrgy & Res TR | 0.34% | 71,383 | $967K | Reduce -4.8% |
| JPC Nuveen Prefered & Income Opp | 0.34% | 118,931 | $965K | Reduce -1.2% |
| VZ Verizon Communications Inc. | 0.33% | 23,069 | $940K | Add +195.8% |
| GOOG Alphabet Inc. Class C | 0.33% | 2,930 | $919K | Reduce -13.8% |
| THW Abrdn World Healthcare Fund | 0.33% | 71,724 | $917K | Reduce -20.0% |
| BTO John Hancock Financial Opp | 0.32% | 25,963 | $911K | Add +0.9% |
| XRNPX Cohen & Steers REIT and Pref | 0.32% | 45,537 | $904K | Reduce -0.2% |
| GS Goldman Sachs Group Inc. | 0.32% | 1,022 | $899K | Add +7.7% |
| MU Micron Technology Inc. | 0.32% | 3,135 | $895K | Reduce -42.6% |
| DFP Flaherty & Crumrine DYN Pref | 0.32% | 42,833 | $891K | Reduce -6.2% |
| ET Energy Transfer LP | 0.31% | 52,293 | $862K | Reduce -4.9% |
| PDI PIMCO Dynamic Income Fund | 0.31% | 48,658 | $862K | Reduce -3.6% |
| CCD Calamos DYN Convert & Inc. | 0.31% | 41,183 | $859K | Add +3.3% |
| BX Blackstone Inc. | 0.31% | 5,573 | $859K | Add +8.2% |
| FVR Frontview REIT Inc. | 0.31% | 58,045 | $857K | Reduce -2.3% |
| MDY State Street SPDR S&P Midcap | 0.30% | 1,402 | $846K | Reduce -1.8% |
| WLKP Westlake Chemical Partners L | 0.30% | 44,326 | $842K | Add +53.9% |
| CVX Chevron Corp. | 0.30% | 5,518 | $841K | Reduce -5.5% |
| XRMMX Rvrnrth MGD Dur Muni Inc. filed as RIVERNORTH MANAGED DUR MUN I | 0.30% | 61,624 | $839K | Add +4.9% |
| RFI Cohen & Steers Tot Ret RLTY | 0.30% | 75,491 | $834K | Reduce -5.3% |
| MCD McDonald's Corp. | 0.30% | 2,727 | $833K | Reduce -7.2% |
| BCX BlackRock Resources & Commod | 0.29% | 74,666 | $820K | Add +11.2% |
| VIG Vanguard Dividend Apprec ETF | 0.29% | 3,717 | $817K | Add +0.2% |
| GSL Global Ship Lease Inc. Class A | 0.29% | 23,127 | $810K | Add +1.3% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 10,606 | $707K | Add +2.1% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 11,941 | $696K | Reduce -0.5% |
Total filed on the 13F, all lines: $282.0M.
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -43.0% | 1.30% | −0.92 |
| OCSL Oaktree Specialty Lending Co. | Sold out | 0.00% | −0.43 |
| JBLU Jetblue Airways Corp. | Sold out | 0.00% | −0.39 |
| DOC Healthpeak Properties Inc. | Sold out | 0.00% | −0.30 |
| BNS Bank of Nova Scotia | Sold out | 0.00% | −0.27 |
| ALE Allete Inc. | Sold out | 0.00% | −0.20 |
| OPRA Opera Ltd.-ADR | Reduce -2.4% | 0.39% | −0.18 |
| ETN Eaton Corp. PLC | Reduce -4.9% | 0.82% | −0.16 |
| CI The Cigna Group | Sold out | 0.00% | −0.16 |
| TCPC BlackRock TCP Capital Corp. | Sold out | 0.00% | −0.15 |
| LYB Lyondellbasell Indu Class A | Reduce -35.9% | 0.20% | −0.14 |
| IVV iShares Core S&P 500 ETF | Reduce -24.8% | 0.48% | −0.13 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.12 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.12 |
| APA Apa Corp. | Sold out | 0.00% | −0.11 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.11 |
| BA The Boeing Co. | Sold out | 0.00% | −0.11 |
| METCB Ramaco Resources Inc. Class B | Reduce -5.9% | 0.23% | −0.11 |
| GHI Greystone Housing Impact Inv | Reduce -39.2% | 0.08% | −0.10 |
| JEPQ JPM Nasdaq Equity Premium | Sold out | 0.00% | −0.10 |
| ETH Grayscale Ethereum Staking M | Sold out | 0.00% | −0.10 |
| HQL Abrdn Life Sciences Investor | Sold out | 0.00% | −0.10 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.10 |
| ORCL Oracle Corp. | Reduce -2.4% | 0.22% | −0.10 |
| BIZD Vaneck BDC Income ETF | Reduce -10.7% | 0.66% | −0.10 |
| CIVI Civitas Resources Inc. | Sold out | 0.00% | −0.10 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.09 |
| VT Vanguard Tot World STK ETF | Reduce -49.2% | 0.11% | −0.09 |
| OXLC Oxford Lane Capital Corp. | Reduce -20.5% | 0.21% | −0.09 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.08 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.08 |
| GLPI Gaming and Leisure Propertie | Sold out | 0.00% | −0.07 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -11.2% | 1.04% | −0.07 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.07 |
| RTX RTX Corp. | Sold out | 0.00% | −0.07 |
| CAG Conagra Brands Inc. | Sold out | 0.00% | −0.07 |
| HD Home Depot Inc. | Reduce -3.5% | 0.37% | −0.07 |
| THW Abrdn World Healthcare Fund | Reduce -20.0% | 0.33% | −0.06 |
| STWD Starwood Property Trust Inc. | Reduce -28.3% | 0.14% | −0.06 |
| PLTR Palantir Technologies Inc. Class A | Reduce -18.0% | 0.28% | −0.06 |
| MSDL Morgan Stanley Direct Lendin | Sold out | 0.00% | −0.06 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -35.0% | 0.13% | −0.06 |
| CPNG Coupang Inc. | Reduce -0.5% | 0.17% | −0.06 |
| CTO Cto Realty Growth Inc. | Sold out | 0.00% | −0.06 |
| SPOT Spotify Technology SA | Reduce -9.0% | 0.20% | −0.06 |
| SE Sea Ltd.-ADR | Reduce -1.7% | 0.14% | −0.05 |
| PTY PIMCO Corporate & Income Opp | Reduce -3.5% | 0.40% | −0.05 |
| HFRO Highland Opport & Income | Reduce -19.4% | 0.18% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -21.9% | 0.14% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| AAPL Apple Inc. | Add +4.2% | 3.72% | +0.47 |
| CGBD Carlyle Secured Lending Inc. | New | 0.43% | +0.43 |
| PBDC Putnam BDC Income ETF | New | 0.27% | +0.27 |
| GLD SPDR Gold Shares | Add +4.7% | 1.56% | +0.26 |
| META Meta Platforms Inc. Class A | Add +35.0% | 1.19% | +0.24 |
| VZ Verizon Communications Inc. | Add +195.8% | 0.33% | +0.22 |
| BSV Vanguard Short-Term Bond ETF | New | 0.19% | +0.19 |
| MSFT Microsoft Corp. | Add +12.9% | 2.26% | +0.18 |
| AMLP Alerian MLP ETF | Add +20.8% | 0.87% | +0.17 |
| DGRO iShares Core Dividend Growth | Add +5.0% | 1.71% | +0.16 |
| BAC Bank of America Corp. | Add +1.1% | 1.42% | +0.14 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +7.1% | 1.22% | +0.13 |
| KRP Kimbell Royalty Partners LP | Add +286.9% | 0.18% | +0.13 |
| ITOT iShares Core S&P Total U.S. | Add +2.5% | 1.77% | +0.13 |
| USTB Victoryshares Short-Term Bon | Add +9.0% | 1.11% | +0.12 |
| LLY Eli Lilly & Co. | Add +3.9% | 0.35% | +0.12 |
| DFAC Dimensional US Core Equity 2 | Add +4.2% | 1.17% | +0.11 |
| KYN Kayne Anderson Energy Infra | New | 0.10% | +0.10 |
| EEMV iShares MSCI Emg MKT Min Vol | New | 0.09% | +0.09 |
| WLKP Westlake Chemical Partners L | Add +53.9% | 0.30% | +0.09 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +6.0% | 1.09% | +0.09 |
| SLB SLB Ltd. | New | 0.08% | +0.08 |
| IWR iShares Russell Mid-Cap ETF | Add +2.7% | 1.62% | +0.08 |
| DFUV Dimensional US Marketwide Va | Add +6.3% | 0.66% | +0.08 |
| IVW iShares S&P 500 Growth ETF | Add +49.3% | 0.21% | +0.08 |
| NUE Nucor Corp. | New | 0.08% | +0.08 |
| IVE iShares S&P 500 Value ETF | Add +78.7% | 0.16% | +0.08 |
| IYH iShares U.S. Healthcare ETF | New | 0.08% | +0.08 |
| DOW Dow Inc. | New | 0.08% | +0.08 |
| VGT Vanguard Info Tech ETF | New | 0.07% | +0.07 |
| IBB iShares Biotechnology ETF | New | 0.07% | +0.07 |
| TRGP Targa Resources Corp. | New | 0.07% | +0.07 |
| IYG iShares U.S. Financial Servi | New | 0.07% | +0.07 |
| JNJ Johnson & Johnson | Add +2.8% | 0.44% | +0.07 |
| IJR iShares Core S&P Small-Cap E | Add +4.4% | 0.83% | +0.07 |
| SHY iShares 1-3 Year Treasury Bo | Add +3.7% | 1.07% | +0.07 |
| MRK Merck & Co. Inc. | Add +1.1% | 0.26% | +0.06 |
| DIA SS SPDR Dow Jones Indus Avg | Add +8.5% | 0.44% | +0.06 |
| GS Goldman Sachs Group Inc. | Add +7.7% | 0.32% | +0.06 |
| BCX BlackRock Resources & Commod | Add +11.2% | 0.29% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.6% | 1.64% | +0.05 |
| JMIA Jumia Technologies AG-ADR | New | 0.05% | +0.05 |
| AMGN Amgen Inc. | Add +5.9% | 0.26% | +0.05 |
| DFUS Dimensional US Eq MKT ETF | Add +4.7% | 0.55% | +0.05 |
| C Citigroup Inc. | Add +5.4% | 0.26% | +0.05 |
| DFAS Dimensional US Small Cap ETF | Add +6.4% | 0.48% | +0.05 |
| DFAI Dimensional International Co. | Add +5.5% | 0.39% | +0.05 |
| FLG Flagstar Bank NA | New | 0.05% | +0.05 |
| GSL Global Ship Lease Inc. Class A | Add +1.3% | 0.29% | +0.05 |
| CHI Calamos Convert Opport & Inc. | Add +21.7% | 0.25% | +0.04 |
Options Activity Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | put | Sold out | 3,600 | $672Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +2.1% | 10,606 | $707K |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Reduce -0.5% | 11,941 | $696K |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 23,763 | $2Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 330 | $311.0M | AAPL, SPY, OUNZ, IWY, DGRO |
| Q1 2026 | 316 | $280.4M | AAPL, OUNZ, SPY, GLD, DGRO |
| Q4 2025 | 310 | $280.5M | AAPL, OUNZ, MSFT, SPY, ITOT |
| Q3 2025 | 324 | $288.5M | AAPL, OUNZ, NVDA, SPY, MSFT |
| Q2 2025 | 292 | $259.1M | AAPL, MSFT, SPY, OUNZ, NVDA |
| Q1 2025 | 315 | $245.6M | AAPL, OUNZ, SPY, BRK.B, MSFT |
| Q4 2024 | 292 | $232.5M | AAPL, SPY, OUNZ, MSFT, NVDA |
| Q3 2024 | 283 | $229.3M | AAPL, SPY, OUNZ, DFAC, MSFT |
| Q2 2024 | 274 | $214.0M | AAPL, SPY, MSFT, DFAC, NVDA |
| Q1 2024 | 277 | $209.8M | AAPL, SPY, DFAC, MSFT, OUNZ |