CLIFFORD SWAN INVESTMENT COUNSEL LLC

CIK

1034642

Location

PASADENA, CA

Portfolio Value

Mid $2,789,702,206

Diversification

Diversified

Filing Date

Global Rank

#982 / 8,622 ▼ 4 · as of Mar 2026

Top Industry

Software - Infrastructure 6.2%

3Y Alpha vs SPY

-6.5%

Period ended 4 months ago

Filed May 6, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+45.9%

SPY

+67.9%

Annualised alpha

-5.4%

Max drawdown

−17.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

264 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.0%

−0.5 pts

Top 5

20.9%

−1.7 pts

Top 10

32.0%

−1.4 pts

HHI

172

Diversified−17

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	23.8%	$664,830,915	39
Industrials	16.7%	$464,591,961	46
Healthcare	12.9%	$358,896,093	29
Consumer Cyclical	10.0%	$279,280,877	24
Consumer Defensive	9.3%	$260,390,197	24
Financial Services	9.2%	$257,874,940	33
Energy	6.4%	$177,513,454	16
Communication Services	5.6%	$155,993,856	10
Basic Materials	3.4%	$95,780,146	15
Unclassified	1.8%	$49,576,236	7
Real Estate	0.5%	$13,277,182	7
Utilities	0.4%	$11,696,349	14

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ZTS	Zoetis Inc.	+79,463	148,151	$17,512,929
MDLZ	Mondelez International, Inc.	+51,339	345,672	$19,924,533
OTIS	Otis Worldwide Corp	+49,054	90,992	$7,013,663
KMX	Carmax Inc	+23,486	324,084	$13,475,412
INTU	Intuit Inc.	+13,719	56,751	$24,537,997
SLB	Slb Limited/Nv	+10,260	556,159	$28,581,010
ACN	Accenture plc	+6,863	191,422	$37,957,067
NVO	Novo Nordisk A S	+5,680	324,741	$11,934,231
SPY	Spdr S&P 500 ETF Trust	+4,971	24,384	$15,857,890
PFE	Pfizer Inc	+3,745	489,295	$13,739,403
CTVA	Corteva, Inc.	+3,230	501,539	$41,983,829
BAER	Bridger Aerospace Group Holdings, Inc.	+2,988	15,532	$30,753
AON	Aon plc	+2,785	27,076	$8,739,591
CPAY	Corpay, Inc.	+2,604	48,158	$14,013,495
APA	APA Corp	+2,510	16,930	$718,509
UNP	Union Pacific Corp	+2,489	69,093	$16,763,343
PAYX	Paychex Inc	+2,469	9,639	$887,944
UNH	Unitedhealth Group Inc	+2,468	111,352	$30,130,737
CSX	Csx Corp	+2,314	37,169	$1,525,787
AVGO	Broadcom Inc.	+998	27,189	$8,415,267
KO	Coca Cola Co	+884	118,662	$9,024,245
ADP	Automatic Data Processing Inc	+673	46,796	$9,508,011
MMM	3M Co	+640	41,139	$5,974,616
BKNG	Booking Holdings Inc.	+559	5,268	$22,179,964
WMB	Williams Companies, Inc.	+550	4,714	$343,084
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
INTC	Intel Corp	−35,594	398,521	$17,586,731
GOOGL	Alphabet Inc.	−21,621	389,695	$112,060,693
SLV	iShares Silver Trust	−21,047	17,881	$1,218,411
Q	Qnity Electronics, Inc.	−20,561	80,583	$9,297,665
AAPL	Apple Inc.	−20,034	657,717	$166,921,996
VZ	Verizon Communications Inc	−19,745	110,895	$5,566,928
ANET	Arista Networks, Inc.	−18,269	514,469	$63,166,503
RTX	RTX Corp	−17,628	207,240	$39,976,595
WFC	Wells Fargo & Company/Mn	−17,047	437,593	$34,836,778
SBUX	Starbucks Corp	−15,229	146,495	$13,124,486
EBAY	Ebay Inc	−11,440	152,235	$13,856,429
FAST	Fastenal Co	−10,798	781,022	$36,239,420
OXY	Occidental Petroleum Corp /De/	−10,798	79,649	$5,177,185
HPE	Hewlett Packard Enterprise Co	−10,000	593,758	$14,137,377
IBIT	iShares Bitcoin Trust ETF	−9,451	7,415	$284,884
QCOM	Qualcomm Inc/De	−9,370	154,670	$19,918,402
IFF	International Flavors & Fragrances Inc	−9,309	130,109	$9,439,407
JCI	Johnson Controls International plc	−8,498	280,272	$36,701,617
BMY	Bristol Myers Squibb Co	−8,028	301,465	$18,283,851
BAC	Bank Of America Corp /De/	−7,302	37,843	$1,844,846
WMT	Walmart Inc.	−7,093	145,454	$18,077,023
CSCO	Cisco Systems, Inc.	−6,909	358,355	$27,804,764
ORCL	Oracle Corp	−6,292	242,153	$35,623,127
XOM	ExxonMobil Holdings Corp	−6,228	289,161	$49,059,055
DD	DuPont de Nemours, Inc.	−6,209	202,334	$9,266,897
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
VRSK	Verisk Analytics, Inc.	2,604	$494,109
AMAT	Applied Materials Inc /De	1,184	$404,679
STX	Seagate Technology Holdings plc	647	$253,468
KLAC	Kla Corp	163	$240,002
CI	Cigna Group	848	$226,204
WAT	Waters Corp /De/	742	$220,967
ATMU	Atmus Filtration Technologies Inc.	3,835	$217,712
JBL	Jabil Inc	800	$212,504
AZN	Astrazeneca PLC	1,034	$203,925
EXR	Extra Space Storage Inc.	1,527	$200,235
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
ADBE	Adobe Inc.	780	$272,991
ICLR	Icon PLC	1,360	$247,819
CRM	Salesforce, Inc.	929	$246,101
LNC	Lincoln National Corp	5,123	$228,127
CPB	CAMPBELL'S Co	8,140	$226,861
AVAV	AeroVironment Inc	900	$217,701
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

264 tracked positions · $2,789,702,206 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 264 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	657,717	-20,034	$166,921,996	−9.4%	5.98%
GOOGL	Alphabet Inc. Communication Services	Reduced	389,695	-21,621	$112,060,693	−13.0%	4.02%
MSFT	Microsoft Corp Technology	Reduced	300,292	-2,800	$111,159,089	−24.2%	3.98%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	97,796	-1,718	$97,446,868	+13.6%	3.49%
UPS	United Parcel Service Inc Industrials	Reduced	967,814	-2,774	$95,213,540	−1.1%	3.41%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	164,505	-1,506	$78,830,796	−5.5%	2.83%
CVX	Chevron Corp Energy	Reduced	311,474	-2,169	$64,443,969	+34.8%	2.31%
ANET	Arista Networks, Inc. Technology	Reduced	514,469	-18,269	$63,166,503	−9.5%	2.26%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	177,945	-3,047	$52,344,301	−10.2%	1.88%
JNJ	Johnson & Johnson Healthcare	Reduced	211,196	-3,553	$51,624,750	+16.2%	1.85%
XOM	ExxonMobil Holdings Corp Energy	Reduced	289,161	-6,228	$49,059,055	+38.0%	1.76%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	193,222	-2,846	$45,654,493	−3.4%	1.64%
CTVA	Corteva, Inc. Basic Materials	Added	501,539	+3,230	$41,983,829	+25.7%	1.50%
RTX	RTX Corp Industrials	Reduced	207,240	-17,628	$39,976,595	−3.1%	1.43%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Reduced	329,022	-5,505	$38,515,314	+17.6%	1.38%
ACN	Accenture plc Technology	Added	191,422	+6,863	$37,957,067	−23.3%	1.36%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	179,200	-2,640	$37,321,983	−11.1%	1.34%
JCI	Johnson Controls International plc Industrials	Reduced	280,272	-8,498	$36,701,617	+6.1%	1.32%
AXP	American Express Co Financial Services	Reduced	120,569	-3,201	$36,469,710	−20.4%	1.31%
FAST	Fastenal Co Industrials	Reduced	781,022	-10,798	$36,239,420	+14.0%	1.30%
ORCL	Oracle Corp Technology	Reduced	242,153	-6,292	$35,623,127	−26.4%	1.28%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	437,593	-17,047	$34,836,778	−17.8%	1.25%
EMR	Emerson Electric Co Industrials	Reduced	246,310	-5,238	$32,271,536	−3.3%	1.16%
ABBV	AbbVie Inc. Healthcare	Reduced	146,672	-1,971	$31,899,692	−6.1%	1.14%
MCK	Mckesson Corp Healthcare	Reduced	36,643	-2,111	$31,709,385	−0.3%	1.14%
UNH	Unitedhealth Group Inc Healthcare	Added	111,352	+2,468	$30,130,737	−16.2%	1.08%
GLD	Spdr Gold Trust	Reduced	68,511	-5,716	$29,479,597	+0.2%	1.06%
SLB	Slb Limited/Nv Energy	Added	556,159	+10,260	$28,581,010	+36.4%	1.02%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Reduced	624,857	-4,824	$28,306,022	−10.1%	1.01%
CSCO	Cisco Systems, Inc. Technology	Reduced	358,355	-6,909	$27,804,764	−1.2%	1.00%
LH	Labcorp Holdings Inc. Healthcare	Reduced	103,217	-1,136	$27,539,327	+5.2%	0.99%
CAT	Caterpillar Inc Industrials	Added	37,800	+140	$26,779,788	+24.1%	0.96%
SYK	Stryker Corp Healthcare	Reduced	78,754	-454	$25,877,776	−7.0%	0.93%
INTU	Intuit Inc. Technology	Added	56,751	+13,719	$24,537,997	−13.9%	0.88%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	77,783	-712	$24,174,178	+0.8%	0.87%
PEP	Pepsico Inc Consumer Defensive	Added	153,540	+323	$23,843,226	+8.4%	0.85%
PH	Parker-Hannifin Corp Industrials	Reduced	26,562	-100	$23,779,364	+1.5%	0.85%
KEYS	Keysight Technologies, Inc. Technology	Reduced	80,302	-2,125	$22,674,875	+35.4%	0.81%
ENTG	Entegris Inc Technology	Reduced	191,212	-6,095	$22,417,694	+34.9%	0.80%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	5,268	+559	$22,179,964	−12.0%	0.80%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	145,453	-2,178	$21,009,231	−0.7%	0.75%
ABT	Abbott Laboratories Healthcare	Reduced	201,299	-3,326	$20,667,367	−19.4%	0.74%
ALB	Albemarle Corp Basic Materials	Reduced	114,365	-2,900	$20,531,948	+23.8%	0.74%
EW	Edwards Lifesciences Corp Healthcare	Reduced	250,452	-1,103	$20,056,196	−6.5%	0.72%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	345,672	+51,339	$19,924,533	+25.8%	0.71%
QCOM	Qualcomm Inc/De Technology	Reduced	154,670	-9,370	$19,918,402	−29.0%	0.71%
SYY	Sysco Corp Consumer Defensive	Reduced	273,240	-474	$19,490,209	−3.4%	0.70%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	301,465	-8,028	$18,283,851	+9.5%	0.66%
WMT	Walmart Inc. Consumer Defensive	Reduced	145,454	-7,093	$18,077,023	+6.4%	0.65%
META	Meta Platforms, Inc. Communication Services	Reduced	31,284	-2,025	$17,898,514	−18.6%	0.64%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.