Q1 2026 13F · SEC CIK 1034642

Clifford Swan Investment Counsel LLC

Wealth managerFiled 2026-05-06 for Q1 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.9B
Reported positions: 332
Top holdings a year, 3 yrs: +13.4%
Assets under management: $4.5B

Clifford Swan Investment Counsel LLC is a wealth manager that reported 332 positions worth $2.9B in its Q1 2026 13F, filed 2026-05-06. Its largest holdings were Apple Inc (AAPL, 5.7%), Alphabet Inc (GOOGL, 3.8%), Microsoft Corp (MSFT, 3.8%). A portfolio copying its top holdings returned 13.4% a year over the last 3 years, against 20.4% for the S&P 500.

Clifford Swan Investment Counsel LLC holdings largest 50 of 332 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.

Clifford Swan Investment Counsel LLC 13F holdings
Stock	% of 13F value	Q4 2025	Shares	Share change	Reported value
AAPLApple Inc	5.7%	6.1%	657,717	-3.0%	$166.9M
GOOGLAlphabet Inc	3.8%	4.3%	389,695	-5.3%	$112.1M
MSFTMicrosoft Corp	3.8%	4.9%	300,292	-0.9%	$111.2M
COSTCostco Whsl Corp New	3.3%	2.8%	97,796	-1.7%	$97.4M
UPSUnited Parcel Svcs Inc Cl B	3.2%	3.2%	967,814	-0.3%	$95.2M
BRK-BBerkshire Hathaway Inc Del	2.7%	2.8%	164,505	-0.9%	$78.8M
CVXChevron Corp New	2.2%	1.6%	311,474	-0.7%	$64.4M
ANETArista Networks Inc	2.1%	2.3%	514,469	-3.4%	$63.2M
JPMJpmorgan Chase & Co	1.8%	1.9%	177,945	-1.7%	$52.3M
JNJJohnson & Johnson	1.8%	1.5%	211,196	-1.7%	$51.6M
XOMExxon Mobil Corp	1.7%	1.2%	289,161	-2.1%	$49.1M
LOWLowes Cos Inc	1.6%	1.6%	193,222	-1.5%	$45.7M
CTVACorteva Inc Com	1.4%	1.1%	501,539	+0.6%	$42.0M
RTXRtx Corporation Com	1.4%	1.4%	207,240	-7.8%	$40.0M
ALSNAllison Transmission	1.3%	1.1%	329,022	-1.6%	$38.5M
GOOGAlphabet Inc	1.3%	1.6%	133,548	-14.2%	$38.3M
ACNAccenture PLC Ireland Shs Class A	1.3%	1.6%	191,422	+3.7%	$38.0M
AMZNAmazon Com Inc Com	1.3%	1.4%	179,200	-1.5%	$37.3M
JCIJohnson Controls Internation	1.2%	1.1%	280,272	-2.9%	$36.7M
AXPAmerican Express Co Com	1.2%	1.5%	120,569	-2.6%	$36.5M
FASTFastenal Co	1.2%	1.1%	781,022	-1.4%	$36.2M
ORCLOracle Corp	1.2%	1.6%	242,153	-2.5%	$35.6M
WFCWells Fargo Co New	1.2%	1.4%	437,593	-3.7%	$34.8M
EMREmerson Elec Co Com	1.1%	1.1%	246,310	-2.1%	$32.3M
ABBVAbbvie Inc	1.1%	1.1%	146,672	-1.3%	$31.9M
MCKMckesson Corp Com	1.1%	1.1%	36,643	-5.4%	$31.7M
UNHUnitedhealth Group Inc Com	1.0%	1.2%	111,352	+2.3%	$30.1M
GLDSpdr Gold Shares	1.0%	1.0%	68,511	-7.7%	$29.5M
SLBSlb Limited	1.0%	0.7%	556,159	+1.9%	$28.6M
TSCOTractor Supply Co	1.0%	1.0%	624,857	-0.8%	$28.3M
CSCOCisco Sys Inc	0.9%	0.9%	358,355	-1.9%	$27.8M
LHLabcorp Holdings Inc	0.9%	0.9%	103,217	-1.1%	$27.5M
CATCaterpillar Inc Com	0.9%	0.7%	37,800	+0.4%	$26.8M
SYKStryker Corporation	0.9%	0.9%	78,754	-0.6%	$25.9M
INTUIntuit	0.8%	0.9%	56,751	+31.9%	$24.5M
MCDMcdonalds Corp Com	0.8%	0.8%	77,783	-0.9%	$24.2M
PEPPepsico Inc	0.8%	0.7%	153,540	+0.2%	$23.8M
PHParker-Hannifin Corp	0.8%	0.8%	26,562	-0.4%	$23.8M
KEYSKeysight Technologies Inc Com	0.8%	0.6%	80,302	-2.6%	$22.7M
ENTGEntegris Inc Com	0.8%	—	191,212	—	$22.4M
BKNGBooking Holdings Inc Com	0.8%	0.8%	5,268	+11.9%	$22.2M
PGProcter & Gamble Co Com	0.7%	0.7%	145,453	-1.5%	$21.0M
ABTAbbott Laboratories	0.7%	0.9%	201,299	-1.6%	$20.7M
ALBAlbemarle Corp Com	0.7%	—	114,365	—	$20.5M
EWEdwards Lifesciences Corp	0.7%	0.7%	250,452	-0.4%	$20.1M
MDLZMondelez International Inc.	0.7%	—	345,672	—	$19.9M
QCOMQualcomm Inc	0.7%	0.9%	154,670	-5.7%	$19.9M
SYYSysco Corp	0.7%	0.7%	273,240	-0.2%	$19.5M
BMYBristol-Myers Squibb Co Com	0.6%	0.6%	301,465	-2.6%	$18.3M
WMTWalmart Inc	0.6%	0.6%	145,454	-4.6%	$18.1M

What Clifford Swan Investment Counsel 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

INTU Intuit+31.9% shares
BKNG Booking Holdings Inc Com+11.9% shares

Reduced

GOOG Alphabet Inc-14.2% shares
RTX Rtx Corporation Com-7.8% shares
GLD Spdr Gold Shares-7.7% shares
QCOM Qualcomm Inc-5.7% shares
MCK Mckesson Corp Com-5.4% shares
GOOGL Alphabet Inc-5.3% 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: +14.4% /yr; S&P 500 +20.1%
3 years: +13.4% /yr; S&P 500 +20.4%
5 years: +7.3% /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	$2.9B	332
Q4 2025	$3.0B	323
Q3 2025	$3.0B	322
Q2 2025	$2.8B	313
Q1 2025	$2.7B	309
Q4 2024	$2.8B	305
Q3 2024	$2.8B	312
Q2 2024	$2.7B	303
Q1 2024	$2.7B	307
Q4 2023	$2.6B	299
Q3 2023	$2.4B	298
Q2 2023	$2.5B	299

Questions about Clifford Swan Investment Counsel LLC's portfolio

What stocks does Clifford Swan Investment Counsel LLC own?

Clifford Swan Investment Counsel LLC's latest 13F, for Q1 2026 and filed May 6, 2026, lists 332 positions worth $2.9B. The largest are Apple Inc (AAPL) at 5.7%, Alphabet Inc (GOOGL) at 3.8%, Microsoft Corp (MSFT) at 3.8%, Costco Whsl Corp New (COST) at 3.3% and United Parcel Svcs Inc Cl B (UPS) at 3.2%.

What did Clifford Swan Investment Counsel LLC buy last quarter?

In Q1 2026, Clifford Swan Investment Counsel LLC added Intuit (INTU) (+31.9% shares) and Booking Holdings Inc Com (BKNG) (+11.9% shares), compared with its Q4 2025 filing.

What did Clifford Swan Investment Counsel LLC sell last quarter?

In Q1 2026, Clifford Swan Investment Counsel LLC cut from its top 50 Meta Platforms Inc Class A (META), cut from its top 50 Agilent Technologies Inc (A), cut from its top 50 Ferguson Enterprises Inc (FERG), Alphabet Inc (GOOG) (-14.2% shares), Rtx Corporation Com (RTX) (-7.8% shares) and Spdr Gold Shares (GLD) (-7.7% shares), compared with its Q4 2025 filing.

How has Clifford Swan Investment Counsel LLC's portfolio performed?

A portfolio copying Clifford Swan Investment Counsel LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +13.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +14.4% against +20.1%. Over 5 years: +7.3% a year against +11.6%.

When is Clifford Swan Investment Counsel LLC's next 13F filing due?

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

How much money does Clifford Swan Investment Counsel LLC manage?

Clifford Swan Investment Counsel LLC reported $4.5B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.9B.