Q2 2026 13F · SEC CIK 1511506

Carnegie Investment Counsel

Wealth managerFiled 2026-07-30 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $5.0B
Reported positions: 547
Top holdings a year, 3 yrs: +21.6%
Assets under management: $7.5B

Carnegie Investment Counsel is a wealth manager that reported 547 positions worth $5.0B in its Q2 2026 13F, filed 2026-07-30. Its largest holdings were Alphabet Inc (GOOGL, 3.8%), Apple Inc (AAPL, 3.5%), Microsoft Corp (MSFT, 2.9%). A portfolio copying its top holdings returned 21.6% a year over the last 3 years, against 20.4% for the S&P 500.

Carnegie Investment Counsel holdings largest 50 of 547 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. 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.

Carnegie Investment Counsel 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
GOOGLAlphabet Inc	3.8%	3.3%	539,742	-10.4%	$189.9M
AAPLApple Inc	3.5%	3.3%	607,488	-8.6%	$175.8M
MSFTMicrosoft Corp	2.9%	3.1%	396,759	-7.5%	$145.9M
AVGOBroadcom Inc	2.6%	2.2%	348,714	-4.1%	$129.4M
JPMJpmorgan Chase & Co	2.4%	2.4%	375,035	-10.9%	$119.9M
NVDANvidia Corporation Com	2.2%	2.2%	544,093	-16.6%	$108.9M
AMZNAmazon Com Inc Com	2.1%	2.0%	432,031	-10.9%	$103.0M
BRK-BBerkshire Hathaway Inc Del	1.9%	1.8%	196,097	-1.0%	$96.3M
AMATApplied Matls Inc	1.6%	1.1%	111,680	-32.6%	$80.7M
METAMeta Platforms Inc Class A	1.6%	1.8%	142,799	-12.7%	$78.3M
GOOGAlphabet Inc	1.5%	1.3%	218,905	-5.3%	$77.3M
ETNEaton Corp PLC	1.4%	1.3%	165,555	-13.8%	$70.5M
SYKStryker Corporation	1.4%	1.5%	228,574	-5.9%	$70.2M
MAMastercard Inc.	1.4%	1.4%	140,541	-2.0%	$69.8M
SCHWSchwab Charles Corp	1.3%	1.5%	745,872	-11.6%	$66.9M
XLKState Street Technology Select Sector Sp	1.3%	0.9%	344,853	-2.0%	$65.7M
CBChubb Limited Com	1.3%	1.0%	192,437	+19.7%	$63.8M
PGRProgressive Corp.	1.2%	1.1%	264,332	-7.3%	$57.7M
VVisa Inc Com Cl A	1.1%	1.1%	160,515	-12.6%	$55.1M
SPTIState Street ETF/USA	1.0%	1.0%	1,843,779	-0.2%	$52.3M
IQLTIshares Tr	1.0%	0.9%	1,014,957	+7.1%	$50.3M
HDHome Depot Inc Com	1.0%	0.9%	142,423	-7.7%	$48.2M
LNTAlliant Energy Corp	0.9%	0.9%	649,377	+1.7%	$47.4M
SHWSherwin Williams Co Com	0.9%	1.0%	137,060	-10.4%	$47.2M
ABBVAbbvie Inc	0.9%	0.7%	182,419	+0.2%	$43.7M
ORLYO'Reilly Automotive Inc	0.9%	0.8%	488,052	-1.0%	$43.1M
UNHUnitedhealth Group Inc Com	0.8%	—	96,955	—	$38.6M
RTXRtx Corporation Com	0.8%	0.8%	213,435	-1.3%	$38.2M
SPLGSpdr Series Trust	0.8%	0.6%	430,630	+6.9%	$37.8M
SPIBSpdr Series Trust	0.8%	0.7%	1,126,579	-0.2%	$37.7M
AMGNAmgen Inc Com	0.8%	0.7%	103,528	-3.5%	$37.5M
ECLEcolab Inc	0.7%	0.7%	133,818	+0.0%	$37.3M
NSCNorfolk Southn Corp	0.7%	0.7%	123,694	-1.6%	$36.9M
NEENextera Energy Inc Com	0.7%	0.8%	406,002	-10.0%	$35.6M
PGProcter & Gamble Co Com	0.7%	—	252,406	—	$35.6M
BLKBlackrock Inc	0.7%	0.8%	37,385	-13.5%	$34.3M
SPYSpdr S&p 500 ETF Tr	0.7%	0.7%	45,278	-16.8%	$33.8M
PSAPublic Storage	0.7%	—	111,466	—	$33.8M
JNJJohnson & Johnson	0.7%	0.6%	132,112	+5.1%	$33.6M
CMECme Group Inc	0.7%	0.9%	159,681	-1.7%	$33.5M
TSMTaiwan Semiconductor Manufac	0.7%	—	73,641	—	$33.5M
VZVerizon Communications Inc Com	0.7%	0.8%	819,386	-2.5%	$32.9M
BACBank of Amer Corp	0.7%	—	599,944	—	$32.6M
COSTCostco Whsl Corp New	0.6%	0.7%	33,613	-6.2%	$31.4M
CSCOCisco Sys Inc	0.6%	—	266,044	—	$31.2M
CASYCaseys Gen Stores Inc	0.6%	0.7%	39,023	-22.9%	$31.0M
DCIDonaldson Inc	0.6%	—	358,083	—	$30.9M
DECKDeckers Outdoor Corp	0.6%	0.6%	323,708	+0.1%	$30.4M
LOWLowes Cos Inc	0.6%	0.7%	135,238	-12.0%	$29.8M
VGSHVanguard Short-Term Treasury ETF Total	0.6%	0.6%	508,786	-3.4%	$29.6M

What Carnegie Investment Counsel bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

CB Chubb Limited Com+19.7% shares
IQLT Ishares Tr+7.1% shares
SPLG Spdr Series Trust+6.9% shares
JNJ Johnson & Johnson+5.1% shares

Reduced

AMAT Applied Matls Inc-32.6% shares
CASY Caseys Gen Stores Inc-22.9% shares
SPY Spdr S&p 500 ETF Tr-16.8% shares
NVDA Nvidia Corporation Com-16.6% shares
ETN Eaton Corp PLC-13.8% shares
BLK Blackrock Inc-13.5% shares
META Meta Platforms Inc Class A-12.7% shares
V Visa Inc Com Cl A-12.6% shares

Left the top 50

Share counts compared with the Q1 2026 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: +14.3% /yr; S&P 500 +20.1%
3 years: +21.6% /yr; S&P 500 +20.4%
5 years: +10.1% /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
Q2 2026	$5.0B	547
Q1 2026	$5.1B	559
Q4 2025	$5.4B	564
Q3 2025	$5.3B	551
Q2 2025	$5.0B	541
Q1 2025	$4.2B	482
Q4 2024	$3.5B	455
Q3 2024	$3.4B	463
Q2 2024	$3.2B	466
Q1 2024	$3.2B	495
Q4 2023	$2.9B	483
Q3 2023	$2.6B	483

Questions about Carnegie Investment Counsel's portfolio

What stocks does Carnegie Investment Counsel own?

Carnegie Investment Counsel's latest 13F, for Q2 2026 and filed Jul 30, 2026, lists 547 positions worth $5.0B. The largest are Alphabet Inc (GOOGL) at 3.8%, Apple Inc (AAPL) at 3.5%, Microsoft Corp (MSFT) at 2.9%, Broadcom Inc (AVGO) at 2.6% and Jpmorgan Chase & Co (JPM) at 2.4%.

What did Carnegie Investment Counsel buy last quarter?

In Q2 2026, Carnegie Investment Counsel added Chubb Limited Com (CB) (+19.7% shares), Ishares Tr (IQLT) (+7.1% shares) and Spdr Series Trust (SPLG) (+6.9% shares), compared with its Q1 2026 filing.

What did Carnegie Investment Counsel sell last quarter?

In Q2 2026, Carnegie Investment Counsel cut from its top 50 Qualcomm Inc (QCOM), cut from its top 50 Uber Technologies Inc (UBER), cut from its top 50 Zoetis Inc (ZTS), cut from its top 50 Northrop Grumman Corp (NOC), cut from its top 50 Abbott Laboratories (ABT), Applied Matls Inc (AMAT) (-32.6% shares), Caseys Gen Stores Inc (CASY) (-22.9% shares) and Spdr S&p 500 ETF Tr (SPY) (-16.8% shares), compared with its Q1 2026 filing.

How has Carnegie Investment Counsel's portfolio performed?

A portfolio copying Carnegie Investment Counsel's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +14.3% against +20.1%. Over 5 years: +10.1% a year against +11.6%.

When is Carnegie Investment Counsel's next 13F filing due?

13F filings are due 45 days after each quarter ends. Carnegie Investment Counsel's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Carnegie Investment Counsel manage?

Carnegie Investment Counsel reported $7.5B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $5.0B.