Q1 2026 13F · SEC CIK 1388142

Bedell Frazier Investment Counselling, LLC

Investment managerFiled 2026-05-15 for Q1 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $495.0M
Reported positions: 128
Top holdings a year, 3 yrs: +17.3%
Average holding period: 9.8 yrs

Bedell Frazier Investment Counselling, LLC is an investment manager that reported 128 positions worth $495.0M in its Q1 2026 13F, filed 2026-05-15. Its largest holdings were Apple Inc (AAPL, 8.4%), Spdr Gold Shares (GLD, 5.6%), Alphabet Inc (GOOGL, 5.3%). A portfolio copying its top holdings returned 17.3% a year over the last 3 years, against 20.4% for the S&P 500.

Bedell Frazier Investment Counselling, LLC holdings largest 50 of 128 positions.

Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Bedell Frazier Investment Counselling, LLC 13F holdings
Stock	% of 13F value	Q4 2025	Shares	Share change	Reported value
AAPLApple Inc	8.4%	8.5%	163,204	+1.2%	$41.4M
GLDSpdr Gold Shares	5.6%	5.0%	64,755	-1.9%	$27.9M
GOOGLAlphabet Inc	5.3%	5.5%	90,548	-0.3%	$26.0M
AMZNAmazon Com Inc Com	5.2%	5.2%	122,640	+5.1%	$25.5M
JNJJohnson & Johnson	2.6%	2.4%	53,183	-11.6%	$13.0M
XOMExxon Mobil Corp	2.5%	1.8%	74,093	-2.7%	$12.6M
SDSProshares Ultrashort S&p500	2.5%	—	164,233	—	$12.4M
LLYLilly Eli & Co	2.4%	2.7%	12,980	+0.8%	$11.9M
MSFTMicrosoft Corp	2.3%	2.8%	31,182	+3.7%	$11.5M
LMTLockheed Martin Corp Com	2.3%	1.9%	19,091	-5.5%	$11.5M
KOCoca Cola Co	2.3%	2.0%	149,966	-1.3%	$11.4M
IYTIshares Tr	2.2%	2.1%	145,339	+1.0%	$10.8M
METAMeta Platforms Inc Class A	2.1%	2.0%	17,973	+13.0%	$10.3M
PDBCInvesco Actvely Mngd Etc Fd	2.0%	1.5%	586,036	+2.1%	$10.2M
CCitigroup Inc Com New	2.0%	1.8%	86,428	+8.4%	$9.8M
IBMInternational Business Machs	1.7%	2.0%	34,627	+1.2%	$8.4M
EQTEQT Corp	1.7%	1.3%	129,472	-0.1%	$8.2M
UTFCohen & Steers Infrastructur	1.6%	1.5%	309,461	-2.7%	$8.0M
NVDANvidia Corporation Com	1.6%	1.6%	45,119	+2.3%	$7.9M
DYNFIshares U.s. Equity Factor Rotation Acti	1.6%	1.5%	134,052	+3.0%	$7.8M
FCXFreeport Mcmoran Inc Cl B	1.6%	1.3%	132,112	-1.6%	$7.8M
ALBAlbemarle Corp Com	1.4%	1.1%	39,430	-0.9%	$7.1M
BLKBlackrock Inc	1.4%	1.4%	7,020	+1.1%	$6.8M
LINLinde PLC	1.3%	—	13,017	—	$6.5M
MCDMcdonalds Corp Com	1.2%	1.1%	19,843	+2.2%	$6.2M
BACBank of Amer Corp	1.2%	1.3%	123,501	-0.4%	$6.0M
DISDisney Walt Co	1.2%	1.3%	61,853	+1.0%	$6.0M
AGGIshares Tr	1.2%	1.0%	58,352	+11.2%	$5.8M
XLKState Street Technology Select Sector Sp	1.1%	1.2%	42,420	-5.4%	$5.6M
REGNRegeneron Pharmaceuticals	1.1%	1.0%	6,900	+0.4%	$5.3M
ETNEaton Corp PLC	1.1%	0.9%	14,872	+2.5%	$5.3M
BABoeing Co	1.1%	1.1%	26,155	-0.0%	$5.2M
PICKIshares Msci Global Metals & Mining Prod	1.0%	0.8%	86,019	+9.9%	$4.9M
CRWDCrowdstrike Hldgs Inc Class A	1.0%	1.1%	12,432	+1.3%	$4.9M
TSLATesla Inc Com	0.9%	1.0%	12,372	+3.0%	$4.6M
SCHWSchwab Charles Corp	0.9%	0.7%	48,075	+24.2%	$4.5M
TSMTaiwan Semiconductor Manufac	0.9%	0.8%	13,133	-1.0%	$4.4M
COSTCostco Whsl Corp New	0.8%	0.7%	4,209	+0.3%	$4.2M
ROKRockwell Automation Inc	0.8%	0.9%	11,621	-0.2%	$4.2M
PHOInvesco Exchange Traded Fd T	0.8%	0.8%	61,554	+0.6%	$4.1M
VZVerizon Communications Inc Com	0.8%	1.4%	81,131	-53.1%	$4.1M
JPMJpmorgan Chase & Co	0.8%	0.9%	13,836	-2.0%	$4.1M
CVXChevron Corp New	0.8%	—	19,416	—	$4.0M
EOGEog Res Inc	0.7%	—	24,407	—	$3.5M
XLFSelect Sector Spdr Tr	0.7%	0.7%	71,250	+0.5%	$3.5M
XLISelect Sector Spdr Tr	0.7%	0.6%	21,109	+0.2%	$3.4M
NFLXNetflix Inc Total	0.7%	—	33,788	—	$3.2M
XLBSelect Sector Spdr Tr	0.7%	—	64,831	—	$3.2M
AMDAdvanced Micro Devices Inc	0.6%	0.6%	15,478	+2.2%	$3.1M
CELHCelsius Holdings Inc	0.6%	0.8%	86,721	+0.1%	$3.1M

What Bedell Frazier Investment Counselling, LLC bought and sold in Q1 2026, against Q4 2025.

New positions

Q4 2025's filing was too long to tell new positions apart.

Added to

SCHW Schwab Charles Corp+24.2% shares
META Meta Platforms Inc Class A+13.0% shares
AGG Ishares Tr+11.2% shares
PICK Ishares Msci Global Metals & Mining Prod+9.9% shares
C Citigroup Inc Com New+8.4% shares
AMZN Amazon Com Inc Com+5.1% shares

Reduced

VZ Verizon Communications Inc Com-53.1% shares
JNJ Johnson & Johnson-11.6% shares
LMT Lockheed Martin Corp Com-5.5% shares
XLK State Street Technology Select Sector Sp-5.4% shares

Left the top 50

Share counts compared with the Q4 2025 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +24.4% /yr; S&P 500 +20.1%
3 years: +17.3% /yr; S&P 500 +20.4%
5 years: +11.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q1 2026	$495.0M	128
Q4 2025	$518.3M	133
Q3 2025	$486.6M	129
Q2 2025	$397.2M	110
Q1 2025	$392.8M	102
Q4 2024	$403.6M	107
Q3 2024	$418.5M	101
Q2 2024	$414.7M	96
Q1 2024	$400.1M	96
Q4 2023	$363.5M	87
Q3 2023	$334.2M	86
Q2 2023	$341.4M	86

Questions about Bedell Frazier Investment Counselling, LLC's portfolio

What stocks does Bedell Frazier Investment Counselling, LLC own?

Bedell Frazier Investment Counselling, LLC's latest 13F, for Q1 2026 and filed May 15, 2026, lists 128 positions worth $495.0M. The largest are Apple Inc (AAPL) at 8.4%, Spdr Gold Shares (GLD) at 5.6%, Alphabet Inc (GOOGL) at 5.3%, Amazon Com Inc Com (AMZN) at 5.2% and Johnson & Johnson (JNJ) at 2.6%.

What did Bedell Frazier Investment Counselling, LLC buy last quarter?

In Q1 2026, Bedell Frazier Investment Counselling, LLC added Schwab Charles Corp (SCHW) (+24.2% shares), Meta Platforms Inc Class A (META) (+13.0% shares) and Ishares Tr (AGG) (+11.2% shares), compared with its Q4 2025 filing.

What did Bedell Frazier Investment Counselling, LLC sell last quarter?

In Q1 2026, Bedell Frazier Investment Counselling, LLC cut from its top 50 Uber Technologies Inc (UBER), cut from its top 50 Spdr (XLU), cut from its top 50 Arista Networks Inc (ANET), cut from its top 50 Ishares Inc (EWZ), cut from its top 50 Nike Inc Cl B (NKE), Verizon Communications Inc Com (VZ) (-53.1% shares), Johnson & Johnson (JNJ) (-11.6% shares) and Lockheed Martin Corp Com (LMT) (-5.5% shares), compared with its Q4 2025 filing.

How has Bedell Frazier Investment Counselling, LLC's portfolio performed?

A portfolio copying Bedell Frazier Investment Counselling, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +24.4% against +20.1%. Over 5 years: +11.1% a year against +11.6%.

When is Bedell Frazier Investment Counselling, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Bedell Frazier Investment Counselling, LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.