Schwartz Investment Counsel Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 24, 2024), Schwartz Investment Counsel Inc. reported 134 stock positions worth $2.7 billion. Its top holding was Texas Pacific Land (TPL) at 5.1% of the portfolio, followed by Mastercard Class A (MA, 4.0%) and Texas Instruments (TXN, 3.6%). Compared with Q1 2024, it opened 4 new positions, sold out of 10, added to 34 and reduced 13. The biggest buy was L3HARRIS Technologies (LHX, shares +128%) and the biggest sale an exit from Verra Mobility (VRRM).

Most Recent 13F
Q2 2026
Location
PLYMOUTH, MI
CIK
0000909151
Portfolio Value
$2.7B (Q2 2024)
SEC Filing
0001398344-24-013010 ↗ filed Jul 24, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.7B Q1 2024 Q2 2024: $2.7B $2.7B Q2 2024 Q3 2024: $2.8B Q3 2024 Q4 2024: $2.8B Q4 2024 Q1 2025: $2.9B Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $3.0B Q3 2025 Q4 2025: $2.9B Q4 2025 Q1 2026: $2.8B Q1 2026 Q2 2026: $3.0B Q2 2026

Holdings 134 stocks · $2.7B
TPL Texas Pacific Land Corp. 5.13% 188,472 $138.4M Reduce -5.0%
MA Mastercard Inc. Class A 3.96% 242,574 $107.0M Reduce -0.3%
TXN Texas Instruments Inc. 3.62% 502,290 $97.7M No change
CPRT Copart Inc. 3.17% 1,581,000 $85.6M Add +0.4%
HEI.A Heico Corp. Class A 3.13% 476,497 $84.6M No change
APG Api Group Corp. 2.90% 2,083,209 $78.4M No change
NVDA Nvidia Corp. 2.84% 620,000 $76.6M No change
ACN Accenture PLC Class A 2.82% 250,950 $76.1M Add +9.6%
SPGI S&P Global Inc. 2.69% 162,550 $72.5M Add +0.1%
BR Broadridge Financial Solutio 2.44% 334,350 $65.9M Reduce -9.5%
LOW Lowe's Cos Inc. 2.41% 295,650 $65.2M Add +0.1%
CHE Chemed Corp. 2.38% 118,242 $64.2M Add +0.2%
ROP Roper Technologies Inc. 2.35% 112,700 $63.5M No change
FANG Diamondback Energy Inc. 2.15% 289,700 $58.0M Add +3.0%
MCO Moody's Corp. 2.01% 129,225 $54.4M No change
ORLY O'reilly Automotive Inc. 2.00% 51,000 $53.9M No change
SBAC SBA Communications Corp. 1.99% 274,000 $53.8M Add +10.0%
ANSS Ansys Inc. 1.80% 151,082 $48.6M No change
CB Chubb Ltd. 1.75% 185,150 $47.2M No change
BRO Brown & Brown Inc. 1.72% 519,150 $46.4M No change
ATR Aptargroup Inc. 1.70% 325,000 $45.8M No change
IQV Iqvia Holdings Inc. 1.67% 213,290 $45.1M Add +19.4%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 1.64% 266,350 $44.2M No change
TFC Truist Financial Corp. 1.56% 1,086,795 $42.2M Add +1.3%
LMT Lockheed Martin Corp. 1.56% 90,000 $42.0M No change
CCEP Coca-Cola Europacific Partne 1.54% 569,500 $41.5M No change
CVX Chevron Corp. 1.46% 252,267 $39.5M No change
VVV Valvoline Inc. 1.44% 900,500 $38.9M No change
CSL Carlisle Cos Inc. 1.43% 95,500 $38.7M No change
FNF Fidelity National Financial 1.38% 755,000 $37.3M Reduce -11.2%
FAST Fastenal Co. 1.35% 582,000 $36.6M Add +14.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.24% 303,450 $33.4M No change
GPC Genuine Parts Co. 1.23% 240,500 $33.3M No change
WSO Watsco Inc. 1.05% 61,000 $28.3M Add +8.9%
LHX L3HARRIS Technologies Inc. 0.97% 116,475 $26.2M Add +128.4%
XOM Exxon Mobil Corp. 0.96% 226,051 $26.0M Add +115.6%
AOS Smith (a.o.) Corp. 0.92% 305,133 $25.0M No change
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.92% 303,200 $24.9M No change
BN Brookfield Corp. 0.90% 587,720 $24.4M Reduce -7.8%
SLAB Silicon Laboratories Inc. 0.80% 195,000 $21.6M No change
TSCO Tractor Supply Company 0.80% 79,500 $21.5M No change
BATRK Atlanta Braves Holdings in-C 0.79% 542,264 $21.4M Add +54.6%
BAM Brookfield Asset Mgmt-A 0.79% 561,628 $21.4M No change
BL Blackline Inc. 0.74% 410,000 $19.9M No change
SSNC Ss&c Technologies Holdings 0.70% 300,000 $18.8M Reduce -29.4%
XPEL Xpel Inc. 0.67% 512,000 $18.2M Add +46.3%
MIR Mirion Technologies Inc. 0.60% 1,519,300 $16.3M Add +1.3%
BKNG Booking Holdings Inc. 0.59% 4,000 $15.8M No change
COP Conocophillips 0.58% 135,800 $15.5M Add +14.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.57% 323,800 $15.3M No change
ICE Intercontinental Exchange Inc. 0.56% 109,800 $15.0M No change
CDW CDW Corp. 0.55% 66,250 $14.8M No change
JOE The St Joe Co. 0.54% 268,400 $14.7M No change
HIFS Hingham Institution for SVGS 0.54% 81,087 $14.5M No change
CIEN Ciena Corp. 0.54% 300,000 $14.5M New
MKC McCormick & Co.-Non VTG SHRS 0.53% 201,000 $14.3M Add +0.5%
OXY Occidental Petroleum Corp. 0.51% 216,430 $13.6M Add +13.1%
DGX Quest Diagnostics Inc. 0.49% 96,066 $13.1M No change
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.48% 336,850 $12.9M Add +14.5%
PBT Permian Basin Royalty Trust 0.47% 1,140,169 $12.8M Add +16.1%
FNV Franco-Nevada Corp. 0.47% 106,200 $12.6M Add +1.9%
HAE Haemonetics Corp. 0.46% 151,000 $12.5M No change
ALC Alcon Inc. filed as ALCON AG 0.45% 137,483 $12.2M No change
WPM Wheaton Precious Metals Corp. 0.45% 233,000 $12.2M Add +1.3%
SIMO Silicon Motion Technol-ADR 0.45% 150,000 $12.1M No change
SNX TD Synnex Corp. 0.44% 102,500 $11.8M No change
AWI Armstrong World Industries 0.38% 90,000 $10.2M No change
SITM Sitime Corp. 0.37% 80,045 $10.0M Reduce -27.3%
WINA Winmark Corp. 0.35% 26,600 $9.4M No change
ALLE Allegion PLC 0.33% 76,000 $9.0M No change
GFL GFL Environmental Inc.-Sub VT 0.30% 210,722 $8.2M Add +5.8%
OTIS Otis Worldwide Corp. 0.30% 85,000 $8.2M No change
CME Cme Group Inc. 0.26% 35,100 $6.9M No change
SN Sharkninja Inc. 0.25% 90,700 $6.8M Add +78.9%
DBRG Digitalbridge Group Inc. 0.24% 471,341 $6.5M No change
ETN Eaton Corp. PLC 0.22% 18,831 $5.9M No change
UHAL.B U-Haul Holding Co.-Non Voting 0.22% 97,200 $5.8M No change
GLD SPDR Gold Shares 0.19% 24,344 $5.2M No change
MKL Markel Group Inc. 0.14% 2,485 $3.9M No change
DSGR Distribution Solutions Group 0.14% 126,000 $3.8M No change
TSM Taiwan Semiconductor-SP ADR 0.14% 21,250 $3.7M No change
FG F&G Annuities & Life Inc. 0.14% 96,384 $3.7M No change
UPS United Parcel Service Class B 0.13% 26,482 $3.6M No change
BNT Brookfield Reins Ltd. 0.13% 86,220 $3.6M No change
STNE Stoneco Ltd. Class A 0.12% 276,200 $3.3M Add +3.2%
APO Apollo Global Management Inc. 0.12% 27,378 $3.2M Reduce -16.1%
HDB HDFC Bank Ltd.-ADR 0.11% 48,150 $3.1M Add +2.1%
VRSN Verisign Inc. 0.10% 15,500 $2.8M New
TEL Te Connectivity Ltd. 0.10% 18,050 $2.7M No change
SPNS Sapiens International Corp. 0.09% 74,052 $2.5M Add +3.6%
IMXI International Money Express 0.09% 114,000 $2.4M Add +6.0%
STVN Stevanato Group SPA 0.09% 126,281 $2.3M Add +12.3%
FWRG First Watch Restaurant Group 0.07% 102,306 $1.8M Add +24.0%
BRK.B Berkshire Hathaway Inc. Class B 0.06% 4,090 $1.7M Reduce -3.0%
MAS Masco Corp. 0.06% 24,800 $1.7M No change
AAPL Apple Inc. 0.06% 7,700 $1.6M Add +24.2%
GSM Ferroglobe PLC 0.06% 291,031 $1.6M Reduce -35.0%
DVN Devon Energy Corp. 0.06% 32,200 $1.5M No change
KARO Karooooo Ltd. 0.06% 51,685 $1.5M No change
MSFT Microsoft Corp. 0.05% 3,175 $1.4M Reduce -5.2%

Show all 134 holdings

Portfolio Sells Q1 2024 → Q2 2024
VRRM Verra Mobility Corp. Sold out 0.00% −0.71
INTC Intel Corp. Sold out 0.00% −0.71
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.68
BR Broadridge Financial Solutio Reduce -9.5% 2.44% −0.32
MA Mastercard Inc. Class A Reduce -0.3% 3.96% −0.30
SSNC Ss&c Technologies Holdings Reduce -29.4% 0.70% −0.30
FNF Fidelity National Financial Reduce -11.2% 1.38% −0.26
THO Thor Industries Inc. Sold out 0.00% −0.24
MDT Medtronic PLC Sold out 0.00% −0.11
HES Hess Corp. Sold out 0.00% −0.08
GPRE Green Plains Inc. Sold out 0.00% −0.07
BN Brookfield Corp. Reduce -7.8% 0.90% −0.07
CNI Canadian Natl Railway Co. Sold out 0.00% −0.04
GSM Ferroglobe PLC Reduce -35.0% 0.06% −0.02
PYPL PayPal Holdings Inc. Sold out 0.00% −0.02
APO Apollo Global Management Inc. Reduce -16.1% 0.12% −0.01
WAT Waters Corp. Sold out 0.00% −0.01
SITM Sitime Corp. Reduce -27.3% 0.37% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.0% 0.06% −0.00
BSV Vanguard Short-Term Bond ETF Reduce -5.7% 0.05% −0.00
SYK Stryker Corp. Reduce -2.5% 0.03% −0.00
MSFT Microsoft Corp. Reduce -5.2% 0.05% +0.00
TPL Texas Pacific Land Corp. Reduce -5.0% 5.13% +0.95

Portfolio Buys Q1 2024 → Q2 2024
LHX L3HARRIS Technologies Inc. Add +128.4% 0.97% +0.57
CIEN Ciena Corp. New 0.54% +0.54
XOM Exxon Mobil Corp. Add +115.6% 0.96% +0.52
BATRK Atlanta Braves Holdings in-C Add +54.6% 0.79% +0.29
SPGI S&P Global Inc. Add +0.1% 2.69% +0.17
WSO Watsco Inc. Add +8.9% 1.05% +0.17
SN Sharkninja Inc. Add +78.9% 0.25% +0.14
FANG Diamondback Energy Inc. Add +3.0% 2.15% +0.12
VRSN Verisign Inc. New 0.10% +0.10
YETI Yeti Holdings Inc. Add +14.5% 0.48% +0.06
WPM Wheaton Precious Metals Corp. Add +1.3% 0.45% +0.06
GFL GFL Environmental Inc.-Sub VT Add +5.8% 0.30% +0.05
OXY Occidental Petroleum Corp. Add +13.1% 0.51% +0.05
LB Landbridge Co. LLC-A New 0.05% +0.05
PBT Permian Basin Royalty Trust Add +16.1% 0.47% +0.04
TFC Truist Financial Corp. Add +1.3% 1.56% +0.04
SBAC SBA Communications Corp. Add +10.0% 1.99% +0.03
IQV Iqvia Holdings Inc. Add +19.4% 1.67% +0.02
COP Conocophillips Add +14.1% 0.58% +0.02
AAPL Apple Inc. Add +24.2% 0.06% +0.02
HDB HDFC Bank Ltd.-ADR Add +2.1% 0.11% +0.02
FNV Franco-Nevada Corp. Add +1.9% 0.47% +0.01
SPNS Sapiens International Corp. Add +3.6% 0.09% +0.01
WMT Walmart Inc. New 0.01% +0.01
LUCK Lucky Strike Entertainment C Add +5.2% 0.05% +0.01
VWO Vanguard Ftse Emerging Marke Add +0.3% 0.02% +0.00
IMXI International Money Express Add +6.0% 0.09% −0.00
FWRG First Watch Restaurant Group Add +24.0% 0.07% −0.01
XPEL Xpel Inc. Add +46.3% 0.67% −0.01
MIR Mirion Technologies Inc. Add +1.3% 0.60% −0.02
MKC McCormick & Co.-Non VTG SHRS Add +0.5% 0.53% −0.03
STNE Stoneco Ltd. Class A Add +3.2% 0.12% −0.04
STVN Stevanato Group SPA Add +12.3% 0.09% −0.05
FAST Fastenal Co. Add +14.8% 1.35% −0.07
ACN Accenture PLC Class A Add +9.6% 2.82% −0.07
CPRT Copart Inc. Add +0.4% 3.17% −0.15
LOW Lowe's Cos Inc. Add +0.1% 2.41% −0.33
CHE Chemed Corp. Add +0.2% 2.38% −0.38

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 138$3.0BTPL, TXN, NVDA, HEI.A, TSM
Q1 2026 129$2.8BTPL, NVDA, TXN, HEI.A, MA
Q4 2025 133$2.9BTPL, MA, HEI.A, APG, NVDA
Q3 2025 130$3.0BTPL, MA, HEI.A, APG, NVDA
Q2 2025 124$3.0BTPL, MA, HEI.A, APG, TXN
Q1 2025 126$2.9BTPL, MA, HEI.A, ROP, TXN
Q4 2024 128$2.8BTPL, MA, TXN, ACN, HEI.A
Q3 2024 131$2.8BTPL, MA, TXN, HEI.A, ACN
Q2 2024 134$2.7BTPL, MA, TXN, CPRT, HEI.A
Q1 2024 140$2.7BMA, TPL, CPRT, TXN, APG