FIDUCIARY COUNSELLING INC
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $10,056,745,777 | Individuals and high net worth (88%) |
| Mar 2025 to Mar 2026 | $9,504,938,311 | Individuals and high net worth (88%) |
| Apr 2024 to Feb 2025 | $9,488,550,771 | Individuals and high net worth (89%) |
| May 2023 to Mar 2024 | $11,563,849,942 | Individuals and high net worth (91%) |
| Apr 2023 | $11,563,849,942 | Individuals and high net worth (91%) |
| Apr 2022 to Mar 2023 | $11,435,637,725 | Individuals and high net worth (90%) |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: every 13F filer's combined book, active share 93.5%; sector active share 73.7% 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 backtestPortfolio Concentration
11 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 45.8% | $18,572,413 |
| Financial Services | 28.2% | $11,435,049 |
| Real Estate | 26.0% | $10,549,754 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reducedNew Positions
Positions the filer opened this quarterSold Out
Positions the filer fully exited| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| IWB |
iShares Russell 1000 ETF
|
Held | 32,448 | $13,287,456 | 32.76% | |
| BRK-A |
Berkshire Hathaway Inc
Financial Services
|
Held | 15 | $11,232,750 | 27.70% | |
| WY |
Weyerhaeuser Co
Real Estate
|
Added | 255,681 | $6,121,003 | 15.09% | |
| RYN |
Rayonier Inc
Real Estate
|
Added | 208,118 | $4,428,751 | 10.92% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Held | 8,149 | $3,015,455 | 7.44% | |
| ESGU |
iShares ESG Aware MSCI USA ETF
|
NEW | 6,645 | $1,087,587 | 2.68% | |
| ESGD |
iShares ESG Aware MSCI EAFE ETF
|
NEW | 4,602 | $473,131 | 1.17% | |
|
|
Held | 2,022 | $311,913 | 0.77% | ||
| ESGE |
iShares Trust
|
Added | 3,930 | $214,931 | 0.53% | |
| COLB |
Columbia Banking System, Inc.
Financial Services
|
NEW | 6,312 | $202,299 | 0.50% | |
| ESML |
iShares ESG Aware MSCI USA Small-Cap ETF
|
NEW | 3,253 | $181,940 | 0.45% |
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.