SFE Investment Counsel
13F Reported Value
ⓘ$741.5M
incl. option notional
Equity Holdings
ⓘ$726.4M
Option Notional
ⓘ$15.2M
$15.2M puts / $0 calls
Holdings
152
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
SFE Investment Counsel disclosed 152 positions worth $741.5M in its Form 13F-HR for Q2 2026 — $726.4M in common stock plus $15.2M of put/call option positions (reported at underlying notional value, not premium at risk), led by $NVDA (NVIDIA CORP) at 3.8% of the equity portfolio, followed by $PANW and $AAPL. During the quarter the fund opened 14 new positions and exited 6 — including a new stake in $CRSP and a full exit from $CVX. The portfolio is most concentrated in Technology (39.1% of disclosed assets). All figures are sourced directly from SFE Investment Counsel’s Form 13F-HR filing with the SEC under CIK 1317784.
AI Fund Analysis
Stable
$NVDA
$PANW
$AAPL
$MSFT
$AVGO$MSFT
$PFH
$JSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 85.9#5
Quality
$27.8M138,995 sh - 65.5#476
Quality
$27.5M80,533 sh - 76.4#84
Quality
$24.9M86,015 sh - 79.8
Quality
$21.7M58,178 sh - 84.5
Quality
$21.5M56,951 sh - 70.7
Quality
$19.4M59,236 sh - 68.7
Quality
$19.4M81,327 sh - 71.7
Quality
$17.8M204,610 sh - 70.5
Quality
$17.0M92,200 sh - 78.2
Quality
$15.6M43,607 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| NVIDIA CORP$NVDA | 85.9#5 | $27.8M | 138,995 |
| Palo Alto Networks Inc$PANW | 65.5#476 | $27.5M | 80,533 |
| Apple Inc.$AAPL | 76.4#84 | $24.9M | 86,015 |
| MICROSOFT CORP$MSFT | 79.8 | $21.7M | 58,178 |
| Broadcom Inc.$AVGO | 84.5 | $21.5M | 56,951 |
 JPMORGAN CHASE & CO$JPM | 70.7 | $19.4M | 59,236 |
 AMAZON COM INC$AMZN | 68.7 | $19.4M | 81,327 |
 ONEOK INC /NEW/$OKE | 71.7 | $17.8M | 204,610 |
 QUALCOMM INC/DE$QCOM | 70.5 | $17.0M | 92,200 |
 Alphabet Inc.$GOOG | 78.2 | $15.6M | 43,607 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of SFE Investment Counsel's 152 positions.
Showing top 10 of 152 holdings.
Sector Allocation
Technology
$284.1M
Financials
$96.8M
Industrials
$92.4M
Consumer Discretionary
$60.0M
Healthcare
$57.8M
Other
$55.5M
Utilities
$27.3M
Energy
$25.2M
Top Holdings — SFE Investment Counsel (Q2 2026)
Top 150 of 152 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $NVDA | NVIDIA CORP | $27.8M | 3.8% | +2% | 85.9 |
| 2 | $PANW | Palo Alto Networks Inc | $27.5M | 3.8% | -5% | 65.5 |
| 3 | $AAPL | Apple Inc. | $24.9M | 3.4% | -1% | 76.4 |
| 4 | $MSFT | MICROSOFT CORP | $21.7M | 3.0% | +2% | 79.8 |
| 5 | $AVGO | Broadcom Inc. | $21.5M | 3.0% | -2% | 84.5 |
| 6 | $JPM | JPMORGAN CHASE & CO | $19.4M | 2.7% | -1% | 70.7 |
| 7 | $AMZN | AMAZON COM INC | $19.4M | 2.7% | +2% | 68.7 |
| 8 | $OKE | ONEOK INC /NEW/ | $17.8M | 2.5% | -0% | 71.7 |
| 9 | $QCOM | QUALCOMM INC/DE | $17.0M | 2.4% | -9% | 70.5 |
| 10 | $GOOG | Alphabet Inc. | $15.6M | 2.1% | -4% | 78.2 |
| 11 |  $NEE | NEXTERA ENERGY INC | $15.4M | 2.1% | +0% | 64.6 |
| 12 |  $FSLR | FIRST SOLAR, INC. | $14.8M | 2.0% | -1% | 79.2 |
| 13 |  $MRVL | Marvell Technology, Inc. | $14.6M | 2.0% | -14% | 76.5 |
| 14 |  $AMD | ADVANCED MICRO DEVICES INC | $13.8M | 1.9% | -24% | 79.8 |
| 15 |  $USB | US BANCORP \DE\ | $13.5M | 1.9% | -0% | 65.3 |
| 16 |  $CMI | CUMMINS INC | $13.0M | 1.8% | -6% | 58.1 |
| 17 |  $URI | UNITED RENTALS, INC. | $12.8M | 1.8% | +2% | 63.9 |
| 18 |  $AMAT | APPLIED MATERIALS INC /DE | $12.6M | 1.7% | -9% | 72.3 |
| 19 |  $PWR | QUANTA SERVICES, INC. | $12.4M | 1.7% | -10% | 72.1 |
| 20 |  $LOW | LOWES COMPANIES INC | $12.3M | 1.7% | +2% | 60.8 |
| 21 |  $IQV | IQVIA HOLDINGS INC. | $11.4M | 1.6% | +14% | 61.4 |
| 22 |  $GOOGL | Alphabet Inc. | $11.4M | 1.6% | -4% | 78.2 |
| 23 |  $IBM | INTERNATIONAL BUSINESS MACHINES CORP | $10.9M | 1.5% | +11% | 70 |
| 24 |  $COST | COSTCO WHOLESALE CORP /NEW | $10.4M | 1.4% | -1% | 66.2 |
| 25 |  $LH | LABCORP HOLDINGS INC. | $10.2M | 1.4% | +11% | 65 |
| 26 | $PFH | PRUDENTIAL FINANCIAL INC | $9.7M | 1.3% | +5% | 58.7 |
| 27 |  $WSM | WILLIAMS SONOMA INC | $9.6M | 1.3% | +1% | 66.1 |
| 28 | $J | JACOBS SOLUTIONS INC. | $9.5M | 1.3% | +11% | 64.3 |
| 29 |  $BX | Blackstone Inc. | $8.9M | 1.2% | +13% | 74.4 |
| 30 |  $CLF | CLEVELAND-CLIFFS INC. | $8.6M | 1.2% | +2% | 38.3 |
| 31 | — | INVESCO EXCH TRD SLF IDX FD - INVSCO 28 HYCORP | $8.5M | 1.2% | +2% | — |
| 32 |  $ETN | Eaton Corp plc | $8.3M | 1.1% | -2% | — |
| 33 |  $ABT | ABBOTT LABORATORIES | $8.2M | 1.1% | +10% | 65.5 |
| 34 | — | ISHARES TR - CORE S&P500 ETF | $8.1M | 1.1% | -2% | — |
| 35 | — | INVESCO EXCH TRD SLF IDX FD - BULETSHS 2027 | $8.0M | 1.1% | -0% | — |
| 36 | — | INVESCO EXCH TRD SLF IDX FD - BULETSHS 2029 HG | $8.0M | 1.1% | +3% | — |
| 37 |  $IVZ | Invesco Ltd. | $7.7M | 1.1% | +11% | — |
| 38 |  $DHR | DANAHER CORP /DE/ | $7.4M | 1.0% | +7% | 64.8 |
| 39 |  $LLY | ELI LILLY & Co | $7.2M | 1.0% | +2% | 87.5 |
| 40 | — | INVESCO EXCH TRD SLF IDX FD - BULLETSHS 2030 | $7.1M | 1.0% | +10% | — |
| 41 |  $LHX | L3HARRIS TECHNOLOGIES, INC. /DE/ | $6.9M | 0.9% | +0% | 64.4 |
| 42 |  $JNJ | JOHNSON & JOHNSON | $6.8M | 0.9% | +0% | 69 |
| 43 | $IVZ | Invesco Ltd. | $6.6M | 0.9% | +8% | — |
| 44 | $IVZ | Invesco Ltd. | $6.4M | 0.9% | +6% | — |
| 45 |  $CSCO | CISCO SYSTEMS, INC. | $6.3M | 0.9% | -9% | 70.3 |
| 46 |  $UBER | Uber Technologies, Inc | $6.3M | 0.9% | +19% | 73.5 |
| 47 |  $CRSPPUT | CRISPR Therapeutics AG | $6.2M | — | NEW | 9.7 |
| 48 |  $HASI | HA Sustainable Infrastructure Capital, Inc. | $6.0M | 0.8% | -2% | 43.5 |
| 49 |  $KLAC | KLA CORP | $6.0M | 0.8% | +900% | 78.6 |
| 50 | $KLACPUT | KLA CORP | $6.0M | — | +900% | 78.6 |
| 51 |  $DCI | DONALDSON Co INC | $5.8M | 0.8% | -1% | 60.5 |
| 52 |  $XYL | Xylem Inc. | $5.8M | 0.8% | +13% | 65.8 |
| 53 |  $GEV | GE Vernova Inc. | $5.5M | 0.8% | -7% | 81.1 |
| 54 |  $KMB | KIMBERLY CLARK CORP | $5.3M | 0.7% | +31% | 58.7 |
| 55 |  $TTEK | TETRA TECH INC | $5.1M | 0.7% | +20% | 60.2 |
| 56 | $IVZ | Invesco Ltd. | $4.9M | 0.7% | +14% | — |
| 57 |  $KMI | KINDER MORGAN, INC. | $4.8M | 0.7% | -0% | 71.3 |
| 58 |  $ABBV | AbbVie Inc. | $4.8M | 0.7% | -2% | 72.6 |
| 59 |  $GLW | CORNING INC /NY | $4.8M | 0.7% | -16% | 73.7 |
| 60 |  $WY | WEYERHAEUSER CO | $4.7M | 0.7% | -5% | 51.3 |
| 61 |  $GE | GENERAL ELECTRIC CO | $4.5M | 0.6% | -2% | 73.8 |
| 62 |  $AWK | American Water Works Company, Inc. | $4.4M | 0.6% | +5% | 58.1 |
| 63 | — | INVESCO EXCH TRD SLF IDX FD - INVSCO BLSH 26 | $3.8M | 0.5% | -38% | — |
| 64 |  $FDX | FEDEX CORP | $3.3M | 0.5% | -6% | 60.3 |
| 65 |  $NOW | ServiceNow, Inc. | $3.1M | 0.4% | +17% | 72.9 |
| 66 | — | INVESCO EXCH TRD SLF IDX FD - BULL 2031 HI ETF | $3.0M | 0.4% | +25% | — |
| 67 |  $HONA | Honeywell Aerospace Inc. | $3.0M | 0.4% | NEW | — |
| 68 |  $PFE | PFIZER INC | $3.0M | 0.4% | +34% | 62 |
| 69 | $IVZ | Invesco Ltd. | $2.9M | 0.4% | -15% | — |
| 70 |  $AZNPUT | ASTRAZENECA PLC | $2.9M | — | +0% | — |
| 71 |  $HON | HONEYWELL INTERNATIONAL INC | $2.8M | 0.4% | -48% | 65 |
| 72 |  $BDX | BECTON DICKINSON & CO | $2.7M | 0.4% | +3% | 59 |
| 73 |  $CVX | CHEVRON CORP | $2.6M | 0.4% | +3% | 62.8 |
| 74 |  $CHWY | Chewy, Inc. | $2.4M | 0.3% | NEW | 56.3 |
| 75 |  $PNW | PINNACLE WEST CAPITAL CORP | $2.4M | 0.3% | -1% | 53.6 |
| 76 | $IVZ | Invesco Ltd. | $2.4M | 0.3% | +14% | — |
| 77 |  $EXPE | Expedia Group, Inc. | $2.3M | 0.3% | -29% | 71.1 |
| 78 |  $BRK.B | BERKSHIRE HATHAWAY INC | $2.2M | 0.3% | +1% | 73.8 |
| 79 |  $BEPC | Brookfield Renewable Corp | $2.2M | 0.3% | -3% | — |
| 80 |  $CRM | Salesforce, Inc. | $2.1M | 0.3% | -8% | 77 |
| 81 |  $ROP | ROPER TECHNOLOGIES INC | $1.9M | 0.3% | -43% | 71.9 |
| 82 | — | J P MORGAN EXCHANGE TRADED F - EQUITY PREMIUM | $1.9M | 0.3% | -6% | — |
| 83 | — | INVESCO EXCH TRADED FD TR II - RUSEL 1000 EQL | $1.6M | 0.2% | -2% | — |
| 84 |  $CRCL | Circle Internet Group, Inc. | $1.4M | 0.2% | +19% | 67.5 |
| 85 |  $NFLX | NETFLIX INC | $1.4M | 0.2% | +6% | 78.8 |
| 86 |  $EWBC | EAST WEST BANCORP INC | $1.4M | 0.2% | +3% | 65.6 |
| 87 |  $DRI | DARDEN RESTAURANTS INC | $1.2M | 0.2% | -2% | 64.1 |
| 88 |  $SHW | SHERWIN WILLIAMS CO | $1.2M | 0.2% | +3% | 61.3 |
| 89 |  $CLH | CLEAN HARBORS INC | $1.1M | 0.1% | -2% | 55.6 |
| 90 |  $TNC | TENNANT CO | $1.1M | 0.1% | -8% | 35.7 |
| 91 |  $F | FORD MOTOR CO | $1.1M | 0.1% | -5% | 54.9 |
| 92 |  $EIX | EDISON INTERNATIONAL | $1.1M | 0.1% | -5% | 61.2 |
| 93 |  $EMR | EMERSON ELECTRIC CO | $1.0M | 0.1% | +4% | 65.3 |
| 94 |  $VRT | Vertiv Holdings Co | $1.0M | 0.1% | -0% | 81 |
| 95 |  $ISRG | INTUITIVE SURGICAL INC | $958,011 | 0.1% | +339% | 79.9 |
| 96 | $IVZ | Invesco Ltd. | $893,468 | 0.1% | -3% | — |
| 97 | $CRSP | CRISPR Therapeutics AG | $892,547 | 0.1% | +16% | 9.7 |
| 98 |  $LMNR | Limoneira CO | $787,931 | 0.1% | +0% | 15.7 |
| 99 |  $FDXF | FedEx Freight Holding Company, Inc. | $786,408 | 0.1% | NEW | — |
| 100 |  $T | AT&T INC. | $752,424 | 0.1% | -18% | 65.7 |
| 101 | $AZN | ASTRAZENECA PLC | $725,486 | 0.1% | +0% | — |
| 102 |  $BMY | BRISTOL MYERS SQUIBB CO | $703,655 | 0.1% | +0% | 70.4 |
| 103 |  $IAU | ISHARES GOLD TRUST | $688,953 | 0.1% | +0% | — |
| 104 | — | GOLDMAN SACHS ETF TR - ACTIVEBETA US LG | $678,824 | 0.1% | +0% | — |
| 105 |  $FRVO | Fervo Energy Co | $656,506 | 0.1% | NEW | — |
| 106 | — | VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US | $640,436 | 0.1% | -16% | — |
| 107 |  $SPY | SPDR S&P 500 ETF TRUST | $560,078 | 0.1% | +0% | — |
| 108 |  $TSLA | Tesla, Inc. | $548,042 | 0.1% | -4% | 53.9 |
| 109 |  $DE | DEERE & CO | $529,031 | 0.1% | +0% | 55.4 |
| 110 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $526,760 | 0.1% | -7% | — |
| 111 |  $MELI | MERCADOLIBRE INC | $483,756 | 0.1% | +36% | 80.2 |
| 112 |  $PI | IMPINJ INC | $461,201 | 0.1% | -9% | 41.1 |
| 113 |  $META | Meta Platforms, Inc. | $418,588 | 0.1% | -6% | 79.6 |
| 114 |  $SHOP | SHOPIFY INC. | $414,473 | 0.1% | +1% | 64.9 |
| 115 | — | ISHARES TR - ISHARES BIOTECH | $405,212 | 0.1% | -2% | — |
| 116 | — | INVESCO EXCH TRD SLF IDX FD - BULL 2032 HI ETF | $401,685 | 0.1% | NEW | — |
| 117 |  $NOC | NORTHROP GRUMMAN CORP /DE/ | $401,336 | 0.1% | -12% | 62.9 |
| 118 |  $GS | GOLDMAN SACHS GROUP INC | $395,488 | 0.1% | -4% | 73.5 |
| 119 | — | ISHARES TR - US INDUSTRIALS | $374,876 | 0.1% | -1% | — |
| 120 | — | ISHARES TR - U S EQUITY FACTR | $369,755 | 0.1% | -9% | — |
| 121 | — | SELECT SECTOR SPDR TR - ST STR MATER ETF | $359,285 | 0.1% | -2% | — |
| 122 | — | SELECT SECTOR SPDR TR - ST STR FINL ETF | $347,592 | 0.1% | +1% | — |
| 123 |  $PG | PROCTER & GAMBLE Co | $338,001 | 0.1% | -10% | 64.6 |
| 124 |  $ZTS | Zoetis Inc. | $331,634 | 0.1% | -81% | 68.6 |
| 125 |  $MA | Mastercard Inc | $330,198 | 0.1% | +0% | 85.1 |
| 126 |  $PM | Philip Morris International Inc. | $319,306 | 0.0% | +0% | 75.9 |
| 127 | $IVZ | Invesco Ltd. | $307,650 | 0.0% | NEW | — |
| 128 |  $SBUX | STARBUCKS CORP | $300,132 | 0.0% | -3% | 58.2 |
| 129 |  $APH | AMPHENOL CORP /DE/ | $286,520 | 0.0% | -12% | 79.3 |
| 130 |  $THO | THOR INDUSTRIES INC | $286,360 | 0.0% | -10% | 47.4 |
| 131 |  $QUIK | QUICKLOGIC Corp | $279,580 | 0.0% | -22% | — |
| 132 |  $QQQ | INVESCO QQQ TRUST, SERIES 1 | $278,899 | 0.0% | -15% | — |
| 133 |  $WAT | WATERS CORP /DE/ | $278,655 | 0.0% | -61% | 60.4 |
| 134 |  $TXN | TEXAS INSTRUMENTS INC | $274,855 | 0.0% | NEW | 73.4 |
| 135 |  $BA | BOEING CO | $274,267 | 0.0% | +1% | 61.6 |
| 136 |  $ULTA | Ulta Beauty, Inc. | $268,333 | 0.0% | +0% | 67.3 |
| 137 |  $WFC | WELLS FARGO & COMPANY/MN | $264,009 | 0.0% | -8% | 61.8 |
| 138 |  $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | $262,270 | 0.0% | NEW | — |
| 139 | — | CAPITAL GROUP DIVIDEND VALUE - SHS CREAT UNIT | $245,069 | 0.0% | +0% | — |
| 140 | — | CAPITAL GROUP GBL GROWTH EQT - SHS CREAT UNIT | $241,662 | 0.0% | NEW | — |
| 141 |  $HXL | HEXCEL CORP /DE/ | $235,841 | 0.0% | NEW | 58.1 |
| 142 | — | CAPITAL GROUP CORE EQUITY ET - SHS CREAT UNIT | $231,607 | 0.0% | +0% | — |
| 143 |  $CAT | CATERPILLAR INC | $221,057 | 0.0% | NEW | 66.5 |
| 144 |  $BAC | BANK OF AMERICA CORP /DE/ | $208,319 | 0.0% | NEW | 67.6 |
| 145 |  $BN | BROOKFIELD Corp /ON/ | $206,604 | 0.0% | NEW | — |
| 146 |  $GLD | SPDR GOLD TRUST | $206,293 | 0.0% | -4% | — |
| 147 | — | PROSHARES TR - INVT INT RT HG | $203,658 | 0.0% | +0% | — |
| 148 |  $HD | HOME DEPOT, INC. | $201,028 | 0.0% | NEW | 60.3 |
| 149 |  $JPC | Nuveen Preferred & Income Opportunities Fund | $100,990 | 0.0% | +0% | — |
| 150 |  $VRME | VerifyMe, Inc. | $77,778 | 0.0% | +0% | — |
New Positions (14)
$CRSPPUT CRISPR Therapeutics AG$6.2M$HONA Honeywell Aerospace Inc.$3.0M$CHWY Chewy, Inc.$2.4M$FDXF FedEx Freight Holding Company, Inc.$786,408$FRVO Fervo Energy Co$656,506$TXN TEXAS INSTRUMENTS INC$274,855$SPCX SPACE EXPLORATION TECHNOLOGIES CORP$262,270$HXL HEXCEL CORP /DE/$235,841$CAT CATERPILLAR INC$221,057$BAC BANK OF AMERICA CORP /DE/$208,319$BN BROOKFIELD Corp /ON/$206,604$HD HOME DEPOT, INC.$201,028Exited Positions (6)
$CVXPUT CHEVRON CORP
$FISV FISERV INC
$WDAY Workday, Inc.
$CME CME GROUP INC.
$XOM.R34088 EXXON MOBIL CORPBrowse Top Institutional Investors
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