A. D. Beadell Investment Counsel, Inc.

CIK

1569102

Location

MEQUON, WI

Portfolio Value

Small $123,921,264

Diversification

Diversified

Filing Date

Global Rank

#5,249 / 8,607 ▲ 175 · as of Mar 2026

Top Industry

Oil & Gas Midstream 14.1%

3Y Alpha vs SPY

-1.3%

Period ended 3 months ago

Filed Apr 17, 2026 · 3mo

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

+67.0%

SPY

+75.2%

Annualised alpha

-1.9%

Max drawdown

−16.2%

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

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

Top Position

6.0%

−0.4 pts

Top 5

23.9%

+0.7 pts

Top 10

38.4%

+1.0 pts

HHI

258

Diversified+6

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	17.0%	$21,095,866	8
Energy	15.4%	$19,073,077	7
Healthcare	13.5%	$16,742,757	10
Technology	11.6%	$14,329,211	7
Utilities	10.8%	$13,411,461	13
Basic Materials	9.8%	$12,099,131	7
Financial Services	8.0%	$9,875,155	6
Consumer Defensive	3.8%	$4,763,158	6
Communication Services	3.7%	$4,584,047	3
Unclassified	3.4%	$4,176,501	2
Consumer Cyclical	2.6%	$3,226,309	3
Real Estate	0.4%	$544,591	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
WTRG	Essential Utilities, Inc.	+39,445	76,790	$3,092,333
POR	Portland General Electric Co /Or/	+5,080	33,035	$1,743,256
ABT	Abbott Laboratories	+3,417	27,097	$2,782,048
MDT	Medtronic plc	+700	29,735	$2,576,537
BDX	Becton Dickinson & Co	+551	12,761	$2,006,412
NFG	National Fuel Gas Co	+535	4,235	$397,920
ORI	Old Republic International Corp	+425	19,745	$787,825
MSFT	Microsoft Corp	+87	5,835	$2,159,941
AMZN	Amazon Com Inc	+10	14,700	$3,061,569
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AES	Aes Corp	−17,400	70,850	$998,276
COLD	Americold Realty Trust	−12,350	27,325	$313,144
XIFR	XPLR Infrastructure, LP	−11,555	59,485	$631,730
ETR	Entergy Corp /De/	−9,790	6,725	$755,621
PRIM	Primoris Services Corp	−8,735	52,325	$7,484,568
PHYS	Sprott Physical Gold Trust	−8,011	87,283	$3,093,309
SGOL	abrdn Gold ETF Trust	−5,125	67,275	$3,001,810
B	Barrick Mining Corp	−4,565	83,430	$3,403,109
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−4,019	22,053	$7,452,811
DELL	Dell Technologies Inc.	−2,655	3,150	$517,009
NVO	Novo Nordisk A S	−1,995	33,838	$1,243,546
EMA	Emera Inc	−1,950	22,105	$1,146,586
KMI	Kinder Morgan, Inc.	−1,815	145,240	$4,869,897
EPD	Enterprise Products Partners L.P.	−1,000	154,910	$5,861,794
ENB	Enbridge Inc	−841	42,701	$2,311,832
MS	Morgan Stanley	−765	14,631	$2,407,823
RTX	RTX Corp	−760	20,395	$3,934,195
PFE	Pfizer Inc	−600	50,296	$1,412,311
APD	Air Products & Chemicals, Inc.	−375	11,947	$3,470,484
AAPL	Apple Inc.	−375	10,062	$2,553,634
AEM	Agnico Eagle Mines Ltd	−360	4,270	$866,724
PEP	Pepsico Inc	−287	10,739	$1,667,659
XOM	ExxonMobil Holdings Corp	−200	2,000	$339,320
GLD	Spdr Gold Trust	−197	2,730	$1,174,691
AVGO	Broadcom Inc.	−175	2,474	$765,727
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
IFF	International Flavors & Fragrances Inc	14,920	$1,082,446
NFLX	Netflix Inc	4,902	$471,327
SKM	Sk Telecom Co Ltd	14,502	$424,763
NOW	ServiceNow, Inc.	2,738	$286,257
WAT	Waters Corp /De/	797	$237,346
BEP	Brookfield Renewable Partners L.P.	6,788	$221,560
DUK	Duke Energy CORP	1,590	$208,194
COR	Cencora, Inc.	637	$200,107
ORBS	Eightco Holdings Inc.	12,500	$11,650
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
AVA	Avista Corp	44,390	$1,710,790
HESM	Hess Midstream LP	36,050	$1,243,725
GTLS	Chart Industries Inc	5,175	$1,067,240
GPK	Graphic Packaging Holding Co	46,365	$698,256
BAC	Bank Of America Corp /De/	4,000	$220,000
KMB	Kimberly Clark Corp	2,000	$201,780
CLX	Clorox Co /De/	2,000	$201,660
AMT	American Tower Corp /Ma/	1,140	$200,149
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

74 positions · $123,921,264 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 74 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PRIM	Primoris Services Corp Industrials	Reduced	52,325	-8,735	$7,484,568	−1.3%	6.04%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	22,053	-4,019	$7,452,811	−5.9%	6.01%
EPD	Enterprise Products Partners L.P. Energy	Reduced	154,910	-1,000	$5,861,794	+17.3%	4.73%
KMI	Kinder Morgan, Inc. Energy	Reduced	145,240	-1,815	$4,869,897	+20.5%	3.93%
RTX	RTX Corp Industrials	Reduced	20,395	-760	$3,934,195	+1.4%	3.17%
PBA	Pembina Pipeline Corp Energy	Reduced	86,255	-175	$3,860,773	+17.4%	3.12%
GOOGL	Alphabet Inc. Communication Services	Reduced	12,825	-60	$3,687,957	−8.6%	2.98%
MRK	Merck & Co., Inc. Healthcare	Reduced	30,013	-173	$3,610,263	+13.6%	2.91%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	11,947	-375	$3,470,484	+14.0%	2.80%
B	Barrick Mining Corp Basic Materials	Reduced	83,430	-4,565	$3,403,109	−11.2%	2.75%
PHYS	Sprott Physical Gold Trust Financial Services	Reduced	87,283	-8,011	$3,093,309	−1.7%	2.50%
WTRG	Essential Utilities, Inc. Utilities	Added	76,790	+39,445	$3,092,333	+115.9%	2.50%
AMZN	Amazon Com Inc Consumer Cyclical	Added	14,700	+10	$3,061,569	−9.7%	2.47%
SGOL	abrdn Gold ETF Trust	Reduced	67,275	-5,125	$3,001,810	+0.9%	2.42%
SRE	Sempra Utilities	Reduced	29,170	-5	$2,834,448	+10.0%	2.29%
ABT	Abbott Laboratories Healthcare	Added	27,097	+3,417	$2,782,048	−6.2%	2.25%
LMT	Lockheed Martin Corp Industrials	Held	4,540	0	$2,743,930	+25.0%	2.21%
PWR	Quanta Services, Inc. Industrials	Reduced	4,811	-100	$2,641,335	+27.4%	2.13%
MDT	Medtronic plc Healthcare	Added	29,735	+700	$2,576,537	−7.6%	2.08%
AAPL	Apple Inc. Technology	Reduced	10,062	-375	$2,553,634	−10.0%	2.06%
CB	Chubb Ltd Financial Services	Reduced	7,420	-25	$2,418,400	+4.1%	1.95%
MS	Morgan Stanley Financial Services	Reduced	14,631	-765	$2,407,823	−11.9%	1.94%
ENB	Enbridge Inc Energy	Reduced	42,701	-841	$2,311,832	+11.0%	1.87%
MSFT	Microsoft Corp Technology	Added	5,835	+87	$2,159,941	−22.3%	1.74%
J	Jacobs Solutions Inc. Industrials	Reduced	15,790	-45	$2,009,751	−4.2%	1.62%
BDX	Becton Dickinson & Co Healthcare	Added	12,761	+551	$2,006,412	+7.7%	1.62%
RGLD	Royal Gold Inc Basic Materials	Reduced	7,277	-2	$1,851,923	+14.5%	1.49%
POR	Portland General Electric Co /Or/ Utilities	Added	33,035	+5,080	$1,743,256	+29.9%	1.41%
PEP	Pepsico Inc Consumer Defensive	Reduced	10,739	-287	$1,667,659	+5.4%	1.35%
CVX	Chevron Corp Energy	Held	6,919	0	$1,431,541	+35.8%	1.16%
JNJ	Johnson & Johnson Healthcare	Held	5,805	0	$1,418,974	+18.1%	1.15%
PFE	Pfizer Inc Healthcare	Reduced	50,296	-600	$1,412,311	+11.4%	1.14%
SYK	Stryker Corp Healthcare	Held	3,820	0	$1,255,213	−6.5%	1.01%
NVO	Novo Nordisk A S Healthcare	Reduced	33,838	-1,995	$1,243,546	−31.8%	1.00%
NOC	Northrop Grumman Corp /De/ Industrials	Held	1,747	0	$1,191,873	+19.6%	0.96%
GLD	Spdr Gold Trust	Reduced	2,730	-197	$1,174,691	+1.3%	0.95%
EMA	Emera Inc Utilities	Reduced	22,105	-1,950	$1,146,586	−3.2%	0.93%
IFF	International Flavors & Fragrances Inc Basic Materials	NEW	14,920	NEW	$1,082,446	NEW	0.87%
AES	Aes Corp Utilities	Reduced	70,850	-17,400	$998,276	−21.1%	0.81%
JPM	Jpmorgan Chase & Co Financial Services	Held	3,222	0	$947,783	−8.7%	0.76%
AEP	American Electric Power Co Inc Utilities	Held	6,760	0	$886,100	+13.7%	0.72%
MDLZ	Mondelez International, Inc. Consumer Defensive	Held	15,231	0	$877,914	+7.1%	0.71%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	4,270	-360	$866,724	+10.4%	0.70%
UNP	Union Pacific Corp Industrials	Reduced	3,428	-75	$831,701	+2.6%	0.67%
FCX	Freeport-Mcmoran Inc Basic Materials	Held	13,485	0	$792,648	+15.7%	0.64%
ORI	Old Republic International Corp Financial Services	Added	19,745	+425	$787,825	−10.7%	0.64%
AVGO	Broadcom Inc. Technology	Reduced	2,474	-175	$765,727	−16.5%	0.62%
SYY	Sysco Corp Consumer Defensive	Held	10,647	0	$759,450	−3.2%	0.61%
ETR	Entergy Corp /De/ Utilities	Reduced	6,725	-9,790	$755,621	−50.5%	0.61%
KO	Coca Cola Co Consumer Defensive	Held	8,370	0	$636,538	+8.8%	0.51%