Marble Harbor Investment Counsel, LLC

CIK

1387130

Location

BOSTON, MA

Portfolio Value

Small $847,115,487

Diversification

Diversified

Filing Date

Global Rank

#1,947 / 8,607 ▲ 35 · as of Mar 2026

Top Industry

Drug Manufacturers - General 9.5%

3Y Alpha vs SPY

-6.5%

Period ended 3 months ago

Filed May 8, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+49.4%

SPY

+77.0%

Annualised alpha

-6.6%

Max drawdown

−15.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

7.1%

−1.0 pts

Top 5

25.6%

−2.9 pts

Top 10

40.6%

−2.9 pts

HHI

261

Diversified−37

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	25.6%	$216,553,135	24
Healthcare	17.4%	$147,098,912	20
Financial Services	9.8%	$82,741,904	24
Industrials	9.7%	$82,380,011	29
Consumer Defensive	8.7%	$73,347,025	11
Consumer Cyclical	8.4%	$71,450,465	13
Energy	6.2%	$52,270,007	8
Real Estate	5.5%	$46,893,234	4
Unclassified	3.2%	$26,880,858	7
Basic Materials	2.5%	$21,148,230	10
Communication Services	2.4%	$20,714,226	4
Utilities	0.7%	$5,637,480	8

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
PYPL	PayPal Holdings, Inc.	+12,006	201,284	$9,104,075
PCOR	Procore Technologies, Inc.	+7,263	115,952	$6,609,264
NKE	NIKE, Inc.	+5,190	65,195	$3,443,599
FISV	Fiserv Inc	+1,733	253,721	$14,157,631
NEE	Nextera Energy Inc	+1,705	17,754	$1,648,991
DXCM	Dexcom Inc	+1,440	125,012	$7,850,753
BOH	Bank Of Hawaii Corp	+1,310	113,509	$8,428,043
SRE	Sempra	+1,108	5,608	$544,929
SBUX	Starbucks Corp	+850	10,220	$915,609
JNJ	Johnson & Johnson	+733	54,705	$13,372,090
JPM	Jpmorgan Chase & Co	+525	11,399	$3,353,129
MRK	Merck & Co., Inc.	+507	68,013	$8,181,283
ADP	Automatic Data Processing Inc	+500	127,061	$25,816,253
WAT	Waters Corp /De/	+481	1,711	$509,535
PAYX	Paychex Inc	+457	4,435	$408,552
WEC	Wec Energy Group, Inc.	+386	4,368	$505,683
HD	Home Depot, Inc.	+371	7,925	$2,606,453
TD	Toronto Dominion Bank	+275	5,584	$521,043
AVB	Avalonbay Communities Inc	+265	1,885	$307,914
RTX	RTX Corp	+260	26,951	$5,198,847
SHEL	Shell plc	+250	40,350	$3,752,550
TR	Tootsie Roll Industries Inc	+236	17,844	$762,295
ITW	Illinois Tool Works Inc	+204	2,754	$716,838
TEL	TE Connectivity plc	+132	11,178	$2,336,425
HON	Honeywell International Inc	+130	2,352	$557,548
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IRM	Iron Mountain Inc	−13,546	300,474	$30,690,414
ORLY	O Reilly Automotive Inc	−10,675	273,071	$25,207,184
AAPL	Apple Inc.	−7,437	238,444	$60,514,702
SIVR	abrdn Silver ETF Trust	−7,260	48,340	$3,461,627
MSFT	Microsoft Corp	−5,484	140,150	$51,879,325
GLDM	World Gold Trust	−5,300	48,100	$4,458,389
WMT	Walmart Inc.	−3,535	143,075	$17,781,361
DEO	Diageo PLC	−3,464	28,954	$2,155,625
ABBV	AbbVie Inc.	−3,407	178,895	$38,907,873
WY	Weyerhaeuser Co	−2,800	12,475	$304,764
KO	Coca Cola Co	−2,425	172,809	$13,142,124
WFC	Wells Fargo & Company/Mn	−2,260	127,944	$10,185,621
PGR	Progressive Corp/Oh/	−2,252	65,905	$13,065,007
GEHC	GE HealthCare Technologies Inc.	−1,800	15,218	$1,083,217
T	At&T Inc.	−1,790	16,308	$472,768
EOG	Eog Resources Inc	−1,755	116,874	$16,896,474
IDXX	Idexx Laboratories Inc /De	−1,539	34,981	$19,655,474
LRCX	Lam Research Corp	−1,400	21,700	$4,636,422
HR	Healthcare Realty Trust Inc	−1,375	917,607	$15,590,142
XOM	ExxonMobil Holdings Corp	−1,267	137,406	$23,312,301
PH	Parker-Hannifin Corp	−1,231	27,288	$24,429,309
EW	Edwards Lifesciences Corp	−1,130	58,611	$4,693,568
SLB	Slb Limited/Nv	−1,100	4,726	$242,869
NVDA	Nvidia Corp	−1,000	33,971	$5,924,542
VLTO	Veralto Corp	−935	7,533	$666,067
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
GWRE	Guidewire Software, Inc.	59,940	$8,964,626
TYL	Tyler Technologies Inc	25,635	$8,776,911
AVGO	Broadcom Inc.	1,132	$350,365
GD	General Dynamics Corp	675	$231,673
AEP	American Electric Power Co Inc	1,700	$222,836
LMT	Lockheed Martin Corp	350	$211,536
FTNT	Fortinet, Inc.	2,500	$204,300
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
UPS	United Parcel Service Inc	2,155	$213,754
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

162 positions · $847,115,487 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 162 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	238,444	-7,437	$60,514,702	−9.5%	7.14%
MSFT	Microsoft Corp Technology	Reduced	140,150	-5,484	$51,879,325	−26.3%	6.12%
ABBV	AbbVie Inc. Healthcare	Reduced	178,895	-3,407	$38,907,873	−6.6%	4.59%
CSCO	Cisco Systems, Inc. Technology	Reduced	452,062	-847	$35,075,490	+0.5%	4.14%
IRM	Iron Mountain Inc Real Estate	Reduced	300,474	-13,546	$30,690,414	+17.8%	3.62%
EBAY	Ebay Inc Consumer Cyclical	Reduced	312,218	-925	$28,418,082	+4.2%	3.35%
ADP	Automatic Data Processing Inc Technology	Added	127,061	+500	$25,816,253	−20.7%	3.05%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	273,071	-10,675	$25,207,184	−2.6%	2.98%
PH	Parker-Hannifin Corp Industrials	Reduced	27,288	-1,231	$24,429,309	−2.5%	2.88%
XOM	ExxonMobil Holdings Corp Energy	Reduced	137,406	-1,267	$23,312,301	+39.7%	2.75%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	161,210	+37	$23,285,172	+0.8%	2.75%
ABT	Abbott Laboratories Healthcare	Reduced	193,670	-432	$19,884,098	−18.2%	2.35%
IDXX	Idexx Laboratories Inc /De Healthcare	Reduced	34,981	-1,539	$19,655,474	−20.4%	2.32%
WMT	Walmart Inc. Consumer Defensive	Reduced	143,075	-3,535	$17,781,361	+8.9%	2.10%
GE	General Electric Co Industrials	Reduced	59,936	-680	$17,008,038	−8.9%	2.01%
EOG	Eog Resources Inc Energy	Reduced	116,874	-1,755	$16,896,474	+35.6%	1.99%
NTRS	Northern Trust Corp Financial Services	Reduced	118,856	-480	$16,588,731	+1.8%	1.96%
HR	Healthcare Realty Trust Inc Real Estate	Reduced	917,607	-1,375	$15,590,142	+0.1%	1.84%
FISV	Fiserv Inc	Added	253,721	+1,733	$14,157,631	−16.4%	1.67%
JNJ	Johnson & Johnson Healthcare	Added	54,705	+733	$13,372,090	+19.7%	1.58%
KO	Coca Cola Co Consumer Defensive	Reduced	172,809	-2,425	$13,142,124	+7.3%	1.55%
PGR	Progressive Corp/Oh/ Financial Services	Reduced	65,905	-2,252	$13,065,007	−15.8%	1.54%
PEP	Pepsico Inc Consumer Defensive	Added	81,649	+101	$12,679,273	+8.3%	1.50%
PFE	Pfizer Inc Healthcare	Reduced	445,070	-878	$12,497,565	+12.5%	1.48%
ECL	Ecolab Inc. Basic Materials	Reduced	43,022	-190	$11,444,712	+0.9%	1.35%
GOOGL	Alphabet Inc. Communication Services	Reduced	37,573	-725	$10,804,491	−9.9%	1.28%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	127,944	-2,260	$10,185,621	−16.1%	1.20%
DIS	Walt Disney Co Communication Services	Reduced	94,768	-70	$9,133,739	−15.3%	1.08%
PYPL	PayPal Holdings, Inc. Financial Services	Added	201,284	+12,006	$9,104,075	−17.6%	1.07%
SYK	Stryker Corp Healthcare	Reduced	27,497	-289	$9,035,239	−7.5%	1.07%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	18,714	-445	$8,967,748	−6.9%	1.06%
GWRE	Guidewire Software, Inc. Technology	NEW	59,940	NEW	$8,964,626	NEW	1.06%
GEV	GE Vernova Inc. Industrials	Reduced	10,194	-48	$8,898,342	+32.9%	1.05%
TYL	Tyler Technologies Inc Technology	NEW	25,635	NEW	$8,776,911	NEW	1.04%
BOH	Bank Of Hawaii Corp Financial Services	Added	113,509	+1,310	$8,428,043	+9.9%	0.99%
MRK	Merck & Co., Inc. Healthcare	Added	68,013	+507	$8,181,283	+15.1%	0.97%
DXCM	Dexcom Inc Healthcare	Added	125,012	+1,440	$7,850,753	−4.3%	0.93%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	24,455	-97	$7,600,369	+1.3%	0.90%
CVX	Chevron Corp Energy	Added	32,987	+30	$6,825,010	+35.9%	0.81%
PCOR	Procore Technologies, Inc. Technology	Added	115,952	+7,263	$6,609,264	−16.4%	0.78%
NVDA	Nvidia Corp Technology	Reduced	33,971	-1,000	$5,924,542	−9.2%	0.70%
RTX	RTX Corp Industrials	Added	26,951	+260	$5,198,847	+6.2%	0.61%
EXPD	Expeditors International Of Washington Inc Industrials	Reduced	33,632	-900	$4,817,111	−6.4%	0.57%
EMR	Emerson Electric Co Industrials	Reduced	36,705	-793	$4,809,089	−3.4%	0.57%
EW	Edwards Lifesciences Corp Healthcare	Reduced	58,611	-1,130	$4,693,568	−7.8%	0.55%
LRCX	Lam Research Corp Technology	Reduced	21,700	-1,400	$4,636,422	+17.3%	0.55%
DHR	Danaher Corp /De/ Healthcare	Added	24,077	+95	$4,564,999	−16.8%	0.54%
GLDM	World Gold Trust	Reduced	48,100	-5,300	$4,458,389	−2.2%	0.53%
CB	Chubb Ltd Financial Services	Reduced	12,566	-125	$4,095,636	+3.4%	0.48%
LLY	ELI LILLY & Co Healthcare	Added	4,293	+129	$3,948,572	−11.8%	0.47%