CLIFFORD SWAN INVESTMENT COUNSEL LLC

Registered adviser

CIK

1034642

Location

PASADENA, CA

Portfolio Value

Mid $3,129,433,106

Diversification

Diversified

Filing Date

Global Rank

#1,220 / 8,827 ▼ 68 · as of Jun 2026

Top Industry

Software - Infrastructure 7.1%

Period ended 37 days ago

Filed Nov 5, 2026 · 1d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 108033

Roster of Nov 1, 2026

Regulatory AUM

$4,482,345,088

Main clients

Individuals and high net worth (84% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Nov 2026	$4,482,345,088	Individuals and high net worth (84%)
Apr 2025 to Feb 2026	$4,143,559,319	Individuals and high net worth (85%)
Apr 2024 to Mar 2025	$3,848,216,402	Individuals and high net worth (85%)
May 2023 to Mar 2024	$3,630,129,062	Individuals and high net worth (91%)
Apr 2023	$3,630,129,062	Individuals and high net worth (91%)
Apr 2022 to Mar 2023	$4,186,718,533	Individuals and high net worth (84%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 32.3%, 56.7 effective positions, active share 54.9% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

6.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 24.7 quarters (12+), a floor since 89.4% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 54.9%; sector active share 17.0% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

346 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

6.6%

+0.7 pts

Top 5

23.0%

+1.4 pts

Top 10

34.1%

+1.8 pts

HHI

190

Diversified+14

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	27.5%	$860,636,575	40
Industrials	15.2%	$475,940,985	48
Healthcare	12.0%	$376,235,176	30
Financial Services	8.8%	$275,380,016	37
Consumer Cyclical	8.1%	$254,676,462	22
Consumer Defensive	7.8%	$243,370,126	23
Communication Services	6.9%	$216,630,794	10
Energy	5.4%	$168,606,739	18
Unclassified	4.9%	$154,461,695	83
Basic Materials	2.6%	$81,149,633	16
Real Estate	0.4%	$13,010,325	7
Utilities	0.3%	$9,334,580	12

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CAG	Conagra Brands Inc.	+64,801	120,004	$1,612,853
TSCO	Tractor Supply Co	+30,146	671,524	$21,011,985
ACN	Accenture plc	+11,525	234,037	$42,915,364
VRSK	Verisk Analytics, Inc.	+11,103	56,145	$9,423,938
AMZN	Amazon Com Inc	+10,981	185,822	$46,297,551
INTU	Intuit Inc.	+5,805	81,124	$22,366,697
MNST	Monster Beverage Corp	+4,800	9,600	$399,552
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+4,678	45,302	$2,686,861
IEFA	iShares Core MSCI EAFE ETF	+3,909	8,881	$860,391
DIVO	Amplify CWP Enhanced Dividend Income ETF	+2,913	11,613	$539,888
AON	Aon plc	+2,791	31,398	$8,690,023
PYPL	PayPal Holdings, Inc.	+2,442	153,368	$8,056,421
PEP	Pepsico Inc	+2,437	154,549	$19,584,448
CAT	Caterpillar Inc	+1,869	39,440	$31,977,557
CRWD	CrowdStrike Holdings, Inc.	+1,778	2,389	$632,487
HD	Home Depot, Inc.	+1,643	39,419	$11,214,310
ZTS	Zoetis Inc.	+1,550	190,876	$13,328,870
WY	Weyerhaeuser Co	+1,321	124,441	$2,370,601
IVV	iShares Core S&P 500 ETF	+1,302	5,836	$4,469,500
XOM	ExxonMobil Holdings Corp	+1,133	287,148	$46,733,337
T	At&T Inc.	+1,048	172,720	$4,214,368
LMBS	First Trust Low Duration Opportunities ETF	+1,043	304,662	$14,763,920
ITOT	iShares Core S&P Total U.S. Stock Market ETF	+992	10,080	$1,676,102
IBM	International Business Machines Corp	+969	34,016	$7,481,138
CSX	Csx Corp	+934	38,103	$1,772,170
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ENR	Energizer Holdings, Inc.	−70,700	132,306	$2,830,025
GIS	General Mills Inc	−45,753	44,384	$1,427,389
GLD	Spdr Gold Trust	−32,133	34,949	$13,309,977
NVO	Novo Nordisk A S	−27,616	290,868	$11,026,805
SBUX	Starbucks Corp	−26,441	116,470	$10,943,521
NVDA	Nvidia Corp	−16,220	45,922	$10,487,666
BRBR	Bellring Brands, Inc.	−15,692	12,242	$94,140
EPC	EDGEWELL PERSONAL CARE Co	−15,000	125,877	$3,396,161
AAPL	Apple Inc.	−14,909	622,423	$207,279,307
LRCX	Lam Research Corp	−14,750	1,780	$584,747
ANET	Arista Networks, Inc.	−13,671	472,720	$96,241,064
HPE	Hewlett Packard Enterprise Co	−9,903	464,990	$29,708,211
INTC	Intel Corp	−9,539	341,754	$41,089,082
KMX	Carmax Inc	−9,212	298,921	$16,473,536
PFE	Pfizer Inc	−8,967	449,674	$12,824,701
ALSN	Allison Transmission Holdings Inc	−8,875	307,504	$34,827,902
SLB	Slb Limited	−8,751	532,926	$25,964,154
NKE	NIKE, Inc.	−8,445	153,924	$5,448,909
OXY	Occidental Petroleum Corp	−8,375	69,774	$3,859,897
UPS	United Parcel Service Inc	−8,333	940,321	$87,863,593
FAST	Fastenal Co	−7,889	754,313	$37,361,122
BMY	Bristol Myers Squibb Co	−7,820	286,013	$17,847,211
VBIL	Vanguard Institutional Index Funds	−7,283	3,117	$236,019
GOOGL	Alphabet Inc.	−7,281	371,939	$127,976,770
OTIS	Otis Worldwide Corp	−6,491	99,288	$6,386,204
No positions match the current search.

New Positions

Positions the filer opened this quarter

23 positions

Ticker	Company	Shares	Value
GLDM	World Gold Trust	165,184	$13,574,821
LRGF	iShares U.S. Equity Factor ETF	13,272	$1,033,225
NTSX	WisdomTree U.S. Efficient Core Fund	9,796	$572,576
SUNB	Sunbelt Rentals Holdings, Inc.	6,610	$483,918
WAMA	WisdomTree U.S. Adaptive Moving Average Fund	14,457	$387,447
INTF	iShares International Equity Factor ETF	8,408	$349,016
NTSI	WisdomTree International Efficient Core Fund	6,529	$299,713
AIMS	Acuitas Small Cap Active ETF	10,854	$293,600
WIMA	WisdomTree International Adaptive Moving Average Fund	6,836	$288,410
GUNR	FlexShares Morningstar Global Upstream Natural Resources Index Fund	5,309	$279,996
TRV	Travelers Companies, Inc.	778	$277,364
USHY	iShares Broad USD High Yield Corporate Bond ETF	7,594	$271,257
MPC	Marathon Petroleum Corp	678	$268,094
SCZ	iShares MSCI EAFE Small-Cap ETF	2,886	$243,636
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index Fund	10,251	$238,130
AFL	Aflac Inc	2,107	$235,520
MEDP	Medpace Holdings, Inc.	375	$234,067
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	3,398	$211,967
SHW	Sherwin Williams Co	651	$210,448
LNC	Lincoln National Corp	5,123	$206,251
SOLV	Solventum Corp	2,319	$204,419
VUG	VANGUARD GROWTH INDEX FUND	2,237	$201,576
IEMG	iShares Trust	8,419	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
—		3,060	$627,422
—		2,562	$234,781
VMI	Valmont Industries Inc	400	$231,040
LIT	Global X Lithium and Battery Tech ETF	2,860	$223,880
XEL	Xcel Energy Inc	2,718	$218,255
IBIT	iShares Bitcoin Trust ETF	6,556	$218,249
EXC	Exelon Corp	4,676	$217,995
FELE	Franklin Electric Co Inc	2,019	$216,416
SPG	Simon Property Group Inc.	954	$213,362
UBER	Uber Technologies, Inc	2,862	$206,521
PNC	Pnc Financial Services Group, Inc.	818	$201,407
PCB	Pcb Bancorp	7,097	$201,341
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

346 tracked positions · $3,129,433,106 total · filing declares 414 positions · $3,138,669,270 · as of Sep 30, 2026

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

Showing 1–50 of 346 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. PUT + SHARES Technology	Reduced	623,823	-14,909	$207,745,535	+12.4%	6.64%
MSFT	Microsoft Corp Technology	Reduced	295,667	-3,218	$151,647,603	+36.0%	4.85%
GOOGL	Alphabet Inc. Communication Services	Reduced	371,939	-7,281	$127,976,770	−5.6%	4.09%
ANET	Arista Networks, Inc. PUT + SHARES Technology	Reduced	476,220	-13,671	$96,953,629	+16.5%	3.10%
UPS	United Parcel Service Inc Industrials	Reduced	940,321	-8,333	$87,863,593	−13.8%	2.81%
COST	Costco Wholesale Corp PUT + SHARES Consumer Defensive	Reduced	94,160	-1,294	$85,717,614	−4.0%	2.74%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	159,113	-2,301	$79,230,317	−1.9%	2.53%
CVX	Chevron Corp Energy	Reduced	303,976	-1,085	$62,074,938	+22.8%	1.98%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	173,804	-455	$57,499,577	+0.8%	1.84%
JNJ	Johnson & Johnson Healthcare	Reduced	206,458	-1,113	$54,657,690	+3.7%	1.75%
XOM	ExxonMobil Holdings Corp Energy	Added	287,148	+1,133	$46,733,337	+19.5%	1.49%
AMZN	Amazon Com Inc Consumer Cyclical	Added	185,822	+10,981	$46,297,551	+11.1%	1.48%
GOOG	Alphabet Inc. Communication Services	Reduced	128,001	-2,248	$43,615,060	−5.2%	1.39%
ACN	Accenture plc Technology	Added	234,037	+11,525	$42,915,364	+55.0%	1.37%
INTC	Intel Corp Technology	Reduced	341,754	-9,539	$41,089,082	−16.2%	1.31%
JCI	Johnson Controls International plc Industrials	Reduced	256,825	-5,383	$38,177,035	−0.4%	1.22%
ABBV	AbbVie Inc. Healthcare	Reduced	143,889	-1,284	$37,639,923	+3.0%	1.20%
CTVA	Corteva, Inc. Basic Materials	Reduced	482,662	-5,699	$37,478,703	−9.4%	1.20%
EMR	Emerson Electric Co Industrials	Reduced	240,925	-2,634	$37,367,467	+7.2%	1.19%
FAST	Fastenal Co Industrials	Reduced	754,313	-7,889	$37,361,122	+2.1%	1.19%
UNH	Unitedhealth Group Inc Healthcare	Reduced	100,149	-2,374	$36,762,694	−13.7%	1.17%
CSCO	Cisco Systems, Inc. Technology	Reduced	337,823	-3,882	$36,359,889	−9.4%	1.16%
RTX	RTX Corp Industrials	Reduced	193,809	-2,540	$35,980,640	−3.4%	1.15%
AXP	American Express Co Financial Services	Reduced	118,244	-546	$35,958,000	−10.5%	1.15%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	191,224	-852	$35,240,670	−16.8%	1.13%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Reduced	307,504	-8,875	$34,827,902	−2.4%	1.11%
WFC	Wells Fargo & Company Financial Services	Reduced	432,779	-907	$34,643,958	−3.3%	1.11%
CAT	Caterpillar Inc Industrials	Added	39,440	+1,869	$31,977,557	−20.1%	1.02%
ORCL	Oracle Corp Technology	Reduced	229,659	-5,184	$31,532,180	−8.4%	1.01%
LH	Labcorp Holdings Inc. Healthcare	Reduced	99,480	-813	$30,650,782	+9.1%	0.98%
MCK	Mckesson Corp Healthcare	Reduced	35,267	-512	$30,111,316	+11.4%	0.96%
HPE	Hewlett Packard Enterprise Co Technology	Reduced	464,990	-9,903	$29,708,211	+38.7%	0.95%
KEYS	Keysight Technologies, Inc. Technology	Reduced	76,461	-66	$27,834,862	+3.9%	0.89%
QCOM	Qualcomm Inc Technology	Reduced	145,370	-2,044	$26,753,894	−1.8%	0.85%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	163,539	+708	$26,642,137	−8.2%	0.85%
SLB	Slb Limited Energy	Reduced	532,926	-8,751	$25,964,154	+3.1%	0.83%
PH	Parker-Hannifin Corp Industrials	Held	26,557	0	$25,373,088	−2.3%	0.81%
ENTG	Entegris Inc Technology	Reduced	161,687	-1,879	$24,909,498	−15.3%	0.80%
A	Agilent Technologies, Inc. Healthcare	Added	143,170	+37	$24,669,622	+29.8%	0.79%
INTU	Intuit Inc. Technology	Added	81,124	+5,805	$22,366,697	+13.8%	0.71%
HPQ	Hp Inc Technology	Reduced	709,374	-5,485	$22,189,218	+41.5%	0.71%
SYK	Stryker Corp Healthcare	Reduced	77,853	-594	$21,439,937	−13.2%	0.69%
EW	Edwards Lifesciences Corp Healthcare	Reduced	243,773	-1,340	$21,042,485	−5.1%	0.67%
TSCO	Tractor Supply Co Consumer Cyclical	Added	671,524	+30,146	$21,011,985	+3.6%	0.67%
SYY	Sysco Corp Consumer Defensive	Reduced	266,430	-1,279	$20,770,882	−7.2%	0.66%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	142,952	-287	$20,768,066	−1.1%	0.66%
META	Meta Platforms, Inc. Communication Services	Reduced	28,273	-2,157	$20,503,014	+19.6%	0.66%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	341,011	+545	$19,717,255	+0.1%	0.63%
ABT	Abbott Laboratories Healthcare	Reduced	198,883	-824	$19,655,606	+8.5%	0.63%
PEP	Pepsico Inc Consumer Defensive	Added	154,549	+2,437	$19,584,448	−4.9%	0.63%

Showing the top 50 of 346 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.