SFE Investment Counsel

CIK

1317784

Location

LOS ANGELES, CA

Portfolio Value

Small $538,078,162

Diversification

Diversified

Filing Date

Global Rank

#2,512 / 8,623 ▲ 10 · as of Mar 2026

Top Industry

Semiconductors 12.6%

3Y Alpha vs SPY

-1.8%

Period ended 4 months ago

Filed May 1, 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

+67.6%

SPY

+65.3%

Annualised alpha

+0.5%

Max drawdown

−20.4%

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

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

Top Position

4.4%

−0.4 pts

Top 5

19.2%

−1.3 pts

Top 10

33.5%

−1.5 pts

HHI

203

Diversified−13

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	33.6%	$180,731,447	26
Industrials	16.8%	$90,441,047	21
Healthcare	11.3%	$60,823,827	15
Financial Services	10.6%	$57,011,330	12
Consumer Cyclical	8.1%	$43,666,787	11
Energy	5.7%	$30,443,540	4
Utilities	4.9%	$26,151,035	5
Communication Services	3.1%	$16,627,113	4
Consumer Defensive	3.0%	$16,136,997	5
Basic Materials	1.6%	$8,617,644	2
Real Estate	0.9%	$5,106,871	1
Unclassified	0.4%	$2,320,524	5

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
WY	Weyerhaeuser Co	+50,880	209,041	$5,106,871
TTEK	Tetra Tech Inc	+45,009	147,431	$4,440,621
MRVL	Marvell Technology, Inc.	+26,753	56,859	$5,631,883
UBER	Uber Technologies, Inc	+24,057	73,388	$5,278,798
CVX	Chevron Corp	+16,560	31,862	$6,592,247
BX	Blackstone Inc.	+14,208	66,700	$7,669,833
J	Jacobs Solutions Inc.	+12,444	67,647	$8,610,110
DHR	Danaher Corp /De/	+8,930	36,120	$6,848,352
AMZN	Amazon Com Inc	+6,385	79,642	$16,587,039
WSM	Williams Sonoma Inc	+5,683	40,816	$7,441,981
AVGO	Broadcom Inc.	+5,431	57,940	$17,933,009
PRU	Prudential Financial Inc	+5,355	85,685	$8,370,567
ABT	Abbott Laboratories	+5,238	81,738	$8,392,040
PANW	Palo Alto Networks Inc	+5,212	84,546	$13,554,414
PFE	Pfizer Inc	+5,010	91,555	$2,570,864
QCOM	Qualcomm Inc/De	+4,875	100,982	$13,004,461
ETN	Eaton Corp plc	+4,169	20,009	$7,156,619
IQV	Iqvia Holdings Inc.	+3,903	51,922	$8,854,777
KMB	Kimberly Clark Corp	+3,625	36,630	$3,533,696
MSFT	Microsoft Corp	+2,288	57,256	$21,194,453
PWR	Quanta Services, Inc.	+1,811	19,184	$10,532,399
ZTS	Zoetis Inc.	+1,642	23,881	$2,822,973
KMI	Kinder Morgan, Inc.	+1,530	151,815	$5,090,356
AMD	Advanced Micro Devices Inc	+1,523	31,138	$6,334,403
CRSP	CRISPR Therapeutics AG	+1,520	14,120	$671,688
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
FISV	Fiserv Inc	−21,122	9,285	$518,103
EXPE	Expedia Group, Inc.	−12,244	12,553	$2,898,362
QUIK	QUICKLOGIC Corp	−11,862	18,000	$168,840
CLF	Cleveland-Cliffs Inc.	−11,841	895,489	$7,566,882
NEE	Nextera Energy Inc	−8,414	174,906	$16,245,269
USB	US Bancorp De	−8,108	223,650	$11,632,036
HASI	HA Sustainable Infrastructure Capital, Inc.	−7,320	158,637	$5,829,909
BDX	Becton Dickinson & Co	−6,800	17,137	$2,694,450
FDX	Fedex Corp	−6,049	11,203	$3,990,284
AWK	American Water Works Company, Inc.	−5,553	32,090	$4,367,128
CMI	Cummins Inc	−3,311	19,353	$10,412,301
DE	Deere & Co	−3,265	834	$469,792
ULTA	Ulta Beauty, Inc.	−3,049	595	$311,012
DCI	DONALDSON Co INC	−3,019	65,783	$5,583,003
CRM	Salesforce, Inc.	−2,801	14,593	$2,724,075
LHX	L3harris Technologies, Inc. /De/	−2,227	23,672	$8,170,390
WDAY	Workday, Inc.	−2,180	2,435	$316,355
GLW	Corning Inc /Ny	−1,975	22,186	$3,016,630
BMY	Bristol Myers Squibb Co	−1,910	12,212	$740,657
F	Ford Motor Co	−1,770	80,525	$929,258
GOOGL	Alphabet Inc.	−1,683	45,600	$13,112,736
T	At&T Inc.	−1,600	44,129	$1,279,299
THO	Thor Industries Inc	−1,550	4,235	$338,334
OKE	Oneok Inc /New/	−1,531	204,984	$18,528,503
AMAT	Applied Materials Inc /De	−1,336	19,257	$6,581,850
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
NOW	ServiceNow, Inc.	26,901	$2,812,499
CRCL	Circle Internet Group, Inc.	18,986	$1,811,454
AZN	Astrazeneca PLC	7,826	$1,543,443
WAT	Waters Corp /De/	1,913	$569,691
MELI	Mercadolibre Inc	210	$363,094
XOM	ExxonMobil Holdings Corp	1,370	$232,434
DVLT	Datavault AI Inc.	14,500	$8,990
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
V	Visa Inc.	685	$240,236
BN	BROOKFIELD Corp /ON/	4,993	$229,128
HD	Home Depot, Inc.	627	$215,750
BKNG	Booking Holdings Inc.	40	$214,213
MSB	Mesabi Trust	5,540	$213,400
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

111 tracked positions · $538,078,162 total · filing declares 143 positions · $634,725,044 · 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 111 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	136,385	+766	$23,785,544	−6.0%	4.42%
AAPL	Apple Inc. Technology	Reduced	86,876	-121	$22,048,260	−6.8%	4.10%
MSFT	Microsoft Corp Technology	Added	57,256	+2,288	$21,194,453	−20.3%	3.94%
OKE	Oneok Inc /New/ Energy	Reduced	204,984	-1,531	$18,528,503	+22.1%	3.44%
AVGO	Broadcom Inc. Technology	Added	57,940	+5,431	$17,933,009	−1.3%	3.33%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	59,557	-1,221	$17,519,287	−10.5%	3.26%
AMZN	Amazon Com Inc Consumer Cyclical	Added	79,642	+6,385	$16,587,039	−1.9%	3.08%
NEE	Nextera Energy Inc Utilities	Reduced	174,906	-8,414	$16,245,269	+10.4%	3.02%
PANW	Palo Alto Networks Inc Technology	Added	84,546	+5,212	$13,554,414	−7.2%	2.52%
GOOGL	Alphabet Inc. Communication Services	Reduced	45,600	-1,683	$13,112,736	−11.4%	2.44%
QCOM	Qualcomm Inc/De Technology	Added	100,982	+4,875	$13,004,461	−20.9%	2.42%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	54,553	-405	$12,889,782	−2.7%	2.40%
FSLR	First Solar, Inc. Technology	Reduced	63,292	-767	$12,484,979	−25.4%	2.32%
USB	US Bancorp De Financial Services	Reduced	223,650	-8,108	$11,632,036	−5.9%	2.16%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	11,177	-23	$11,137,098	+15.3%	2.07%
PWR	Quanta Services, Inc. Industrials	Added	19,184	+1,811	$10,532,399	+43.6%	1.96%
CMI	Cummins Inc Industrials	Reduced	19,353	-3,311	$10,412,301	−10.0%	1.94%
IQV	Iqvia Holdings Inc. Healthcare	Added	51,922	+3,903	$8,854,777	−18.2%	1.65%
LH	Labcorp Holdings Inc. Healthcare	Added	32,924	+135	$8,784,452	+6.8%	1.63%
J	Jacobs Solutions Inc. Industrials	Added	67,647	+12,444	$8,610,110	+17.8%	1.60%
IBM	International Business Machines Corp Technology	Added	34,693	+574	$8,409,236	−16.8%	1.56%
ABT	Abbott Laboratories Healthcare	Added	81,738	+5,238	$8,392,040	−12.4%	1.56%
PRU	Prudential Financial Inc Financial Services	Added	85,685	+5,355	$8,370,567	−7.7%	1.56%
LHX	L3harris Technologies, Inc. /De/ Industrials	Reduced	23,672	-2,227	$8,170,390	+7.5%	1.52%
URI	United Rentals, Inc. Industrials	Added	11,013	+264	$8,023,631	−7.8%	1.49%
BX	Blackstone Inc. Financial Services	Added	66,700	+14,208	$7,669,833	−5.2%	1.43%
CLF	Cleveland-Cliffs Inc. Basic Materials	Reduced	895,489	-11,841	$7,566,882	−37.2%	1.41%
WSM	Williams Sonoma Inc Consumer Cyclical	Added	40,816	+5,683	$7,441,981	+18.6%	1.38%
ETN	Eaton Corp plc Industrials	Added	20,009	+4,169	$7,156,619	+41.9%	1.33%
DHR	Danaher Corp /De/ Healthcare	Added	36,120	+8,930	$6,848,352	+10.0%	1.27%
CVX	Chevron Corp PUT + SHARES Energy	Added	31,862	+16,560	$6,592,247	+182.7%	1.23%
AMAT	Applied Materials Inc /De Technology	Reduced	19,257	-1,336	$6,581,850	+24.4%	1.22%
JNJ	Johnson & Johnson Healthcare	Reduced	26,557	-1,007	$6,491,593	+13.8%	1.21%
AMD	Advanced Micro Devices Inc Technology	Added	31,138	+1,523	$6,334,403	−0.1%	1.18%
KLAC	Kla Corp PUT + SHARES Technology	Held	4,000	0	$5,889,640	+21.2%	1.09%
HASI	HA Sustainable Infrastructure Capital, Inc. Financial Services	Reduced	158,637	-7,320	$5,829,909	+11.8%	1.08%
MRVL	Marvell Technology, Inc. Technology	Added	56,859	+26,753	$5,631,883	+120.1%	1.05%
DCI	DONALDSON Co INC Industrials	Reduced	65,783	-3,019	$5,583,003	−8.5%	1.04%
HON	Honeywell International Inc Industrials	Reduced	24,235	-63	$5,477,837	+15.6%	1.02%
LLY	ELI LILLY & Co Healthcare	Reduced	5,827	-259	$5,359,499	−18.1%	1.00%
UBER	Uber Technologies, Inc Technology	Added	73,388	+24,057	$5,278,798	+31.0%	0.98%
XYL	Xylem Inc. Industrials	Reduced	43,111	-309	$5,151,764	−12.9%	0.96%
WY	Weyerhaeuser Co Real Estate	Added	209,041	+50,880	$5,106,871	+36.3%	0.95%
KMI	Kinder Morgan, Inc. Energy	Added	151,815	+1,530	$5,090,356	+23.2%	0.95%
CSCO	Cisco Systems, Inc. Technology	Reduced	58,877	-566	$4,568,266	−0.2%	0.85%
TTEK	Tetra Tech Inc Industrials	Added	147,431	+45,009	$4,440,621	+29.3%	0.83%
GEV	GE Vernova Inc. Industrials	Reduced	5,005	-667	$4,368,864	+17.9%	0.81%
AWK	American Water Works Company, Inc. Utilities	Reduced	32,090	-5,553	$4,367,128	−11.1%	0.81%
ABBV	AbbVie Inc. Healthcare	Reduced	19,432	-75	$4,226,265	−5.2%	0.79%
FDX	Fedex Corp Industrials	Reduced	11,203	-6,049	$3,990,284	−19.9%	0.74%

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.