Kensington Investment Counsel, LLC

Registered adviser

CIK

1845536

Location

LONG BEACH, CA

Portfolio Value

Small $230,242,175

Diversification

Diversified

Filing Date

Global Rank

#6,069 / 8,827 ▼ 115

Top Industry

Drug Manufacturers - General 13.6%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

22 quarters · since Dec 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 108012

Roster of Nov 1, 2026

Regulatory AUM

$310,195,669

Main clients

Individuals and high net worth (99% 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
Apr 2026 to Nov 2026	$310,195,669	Individuals and high net worth (99%)
Apr 2025 to Mar 2026	$297,990,190	Individuals and high net worth (99%)
Apr 2024 to Mar 2025	$250,268,379	Individuals and high net worth (99%)
May 2023 to Mar 2024	$174,278,513	Individuals and high net worth (99%)
Apr 2023	$174,278,513	Individuals and high net worth (99%)
Apr 2022 to Mar 2023	$203,230,691	Individuals and high net worth (99%)

1 earlier changes not shown.

Portfolio style

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

Style

Diversified active

Top 10 weight 39.5%, 37.0 effective positions, active share 64.2% 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

22.4% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 17.8 quarters (12+)

Closest benchmark: the S&P 500 as of 2026-06-30, active share 64.2%; sector active share 20.6% against the combined 13F book's sector weights.

Over time 22 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

85 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.9%

+0.4 pts

Top 5

24.2%

−0.1 pts

Top 10

39.5%

+0.2 pts

HHI

270

Diversified+2

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	32.6%	$75,049,694	17
Industrials	18.0%	$41,469,074	15
Healthcare	16.0%	$36,952,523	13
Consumer Cyclical	8.3%	$19,091,229	9
Financial Services	6.9%	$15,903,042	8
Unclassified	4.2%	$9,671,083	7
Consumer Defensive	4.1%	$9,477,413	5
Communication Services	4.0%	$9,095,049	4
Energy	3.7%	$8,503,822	3
Basic Materials	1.1%	$2,549,293	3
Real Estate	1.1%	$2,479,953	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
VUG	VANGUARD GROWTH INDEX FUND	+12,447	13,240	$1,140,493
NVDA	Nvidia Corp	+1,945	34,082	$6,819,467
AAPL	Apple Inc.	+1,242	62,542	$18,097,153
MSFT	Microsoft Corp	+1,106	31,349	$11,693,803
META	Meta Platforms, Inc.	+684	3,672	$2,068,400
DELL	Dell Technologies Inc.	+539	17,614	$7,599,736
BRK-B	Berkshire Hathaway Inc	+97	2,498	$1,249,974
DKS	Dick's Sporting Goods, Inc.	+69	5,235	$1,187,350
AMD	Advanced Micro Devices Inc	+53	2,284	$1,326,798
GOOG	Alphabet Inc.	+27	2,145	$757,892
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
HON	Honeywell International Inc	−8,990	8,107	$1,815,157
SLB	Slb Limited	−4,805	77,051	$3,582,100
HAL	Halliburton Co	−4,602	77,838	$2,642,600
BR	Broadridge Financial Solutions, Inc.	−3,816	16,442	$2,251,731
EPAC	Enerpac Tool Group Corp	−2,999	14,987	$537,433
PEP	Pepsico Inc	−2,029	35,442	$4,798,846
MRK	Merck & Co., Inc.	−1,900	37,325	$4,796,262
MO	Altria Group, Inc.	−1,751	2,953	$212,468
JNJ	Johnson & Johnson	−1,746	25,663	$6,517,632
ABBV	AbbVie Inc.	−1,727	35,786	$9,005,189
HD	Home Depot, Inc.	−1,645	14,462	$5,100,458
RSG	Republic Services, Inc.	−1,489	26,081	$5,557,339
CNI	Canadian National Railway Co	−1,408	31,828	$3,795,170
CSCO	Cisco Systems, Inc.	−1,364	70,023	$8,224,901
JPM	Jpmorgan Chase & Co	−1,345	26,248	$8,591,757
QQQ	Invesco Qqq Trust, Series 1	−1,314	7,792	$5,738,028
QCOM	Qualcomm Inc	−1,228	26,221	$4,845,378
AMGN	Amgen Inc	−1,161	16,454	$5,958,322
—		−1,054	13,143	$2,479,953
TXN	Texas Instruments Inc	−938	22,238	$6,628,480
GD	General Dynamics Corp	−932	18,184	$6,441,500
SNA	Snap-on Inc	−899	19,252	$7,747,004
XOM	ExxonMobil Holdings Corp	−878	16,670	$2,279,122
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−556	6,085	$1,159,314
SPY	Spdr S&P 500 ETF Trust	−509	657	$490,627
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	8,107	$1,792,295
QQQM	Invesco Ltd.	2,985	$904,365
IVV	iShares Core S&P 500 ETF	872	$653,032
NFLX	Netflix Inc	5,968	$426,115
MU	Micron Technology Inc	319	$368,218
NTSX	WisdomTree U.S. Efficient Core Fund	4,766	$281,432
INTC	Intel Corp	1,886	$263,342
IBM	International Business Machines Corp	825	$231,998
WAMA	WisdomTree U.S. Adaptive Moving Average Fund	7,951	$208,157
CB	Chubb Ltd	597	$203,421
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
TMDX	TransMedics Group, Inc.	8,291	$824,208
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	4,865	$530,187
VOO	VANGUARD 500 INDEX FUND	537	$320,884
CRM	Salesforce, Inc.	1,686	$314,725
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	1,758	$284,321
CVX	Chevron Corp	1,369	$283,246
NKE	NIKE, Inc.	5,209	$275,139
CTSH	Cognizant Technology Solutions Corp	4,008	$245,890
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

85 tracked positions · $230,242,175 total · filing declares 85 positions · $230,241,808 · as of Jun 30, 2026

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

Showing 1–50 of 85 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Added	62,542	+1,242	$18,097,153	+16.3%	23	before history	7.86%
MSFT	Microsoft Corp Technology	Added	31,349	+1,106	$11,693,803	+4.5%	23	before history	5.08%
ABBV	AbbVie Inc. Healthcare	Reduced	35,786	-1,727	$9,005,189	+10.4%	23	before history	3.91%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	26,248	-1,345	$8,591,757	+5.9%	23	before history	3.73%
CSCO	Cisco Systems, Inc. Technology	Reduced	70,023	-1,364	$8,224,901	+48.5%	23	before history	3.57%
SNA	Snap-on Inc Industrials	Reduced	19,252	-899	$7,747,004	+5.8%	23	before history	3.36%
DELL	Dell Technologies Inc. Technology	Added	17,614	+539	$7,599,736	+171.2%	6	$115.99	3.30%
NVDA	Nvidia Corp Technology	Added	34,082	+1,945	$6,819,467	+21.7%	13	unpriced	2.96%
TXN	Texas Instruments Inc Technology	Reduced	22,238	-938	$6,628,480	+47.3%	23	before history	2.88%
JNJ	Johnson & Johnson Healthcare	Reduced	25,663	-1,746	$6,517,632	−2.7%	23	before history	2.83%
GD	General Dynamics Corp Industrials	Reduced	18,184	-932	$6,441,500	−1.8%	23	before history	2.80%
AMGN	Amgen Inc Healthcare	Reduced	16,454	-1,161	$5,958,322	−3.9%	23	before history	2.59%
GOOGL	Alphabet Inc. Communication Services	Reduced	16,349	-329	$5,842,642	+21.8%	23	before history	2.54%
WSM	Williams Sonoma Inc Consumer Cyclical	Reduced	24,879	-344	$5,799,294	+26.1%	12	$76.47	2.52%
QQQ	Invesco Qqq Trust, Series 1	Reduced	7,792	-1,314	$5,738,028	+9.2%	23	before history	2.49%
RSG	Republic Services, Inc. Industrials	Reduced	26,081	-1,489	$5,557,339	−8.0%	23	before history	2.41%
WSO	Watsco Inc Industrials	Reduced	13,115	-257	$5,465,413	+12.4%	16	$326.42	2.37%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	14,462	-1,645	$5,100,458	−3.7%	23	before history	2.22%
QCOM	Qualcomm Inc Technology	Reduced	26,221	-1,228	$4,845,378	+37.1%	23	before history	2.10%
PEP	Pepsico Inc Consumer Defensive	Reduced	35,442	-2,029	$4,798,846	−17.5%	6	$148.04	2.08%
MRK	Merck & Co., Inc. Healthcare	Reduced	37,325	-1,900	$4,796,262	+1.7%	23	before history	2.08%
CNI	Canadian National Railway Co Industrials	Reduced	31,828	-1,408	$3,795,170	+11.1%	4	$96.48	1.65%
SLB	Slb Limited Energy	Reduced	77,051	-4,805	$3,582,100	−14.8%	2	$48.54	1.56%
UNH	Unitedhealth Group Inc Healthcare	Reduced	8,019	-379	$3,332,936	+46.7%	4	$303.27	1.45%
UNP	Union Pacific Corp Industrials	Reduced	11,276	-493	$3,067,072	+7.4%	4	$225.49	1.33%
MA	Mastercard Inc Financial Services	Reduced	5,287	-40	$2,715,403	+2.0%	23	before history	1.18%
HAL	Halliburton Co Energy	Reduced	77,838	-4,602	$2,642,600	−17.8%	2	$34.60	1.15%
		Reduced	13,143	-1,054	$2,479,953	+6.9%	14	$191.87	1.08%
LLY	ELI LILLY & Co Healthcare	Held	2,041	0	$2,448,036	+30.4%	13	$432.73	1.06%
AVGO	Broadcom Inc. Technology	Held	6,327	0	$2,390,024	+22.0%	13	unpriced	1.04%
XOM	ExxonMobil Holdings Corp Energy	Reduced	16,670	-878	$2,279,122	−23.4%	13	$134.50	0.99%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	9,533	-200	$2,272,095	+12.1%	23	before history	0.99%
BR	Broadridge Financial Solutions, Inc. Technology	Reduced	16,442	-3,816	$2,251,731	−31.6%	14	$189.62	0.98%
AME	Ametek Inc Industrials	Reduced	9,103	-30	$2,202,379	+12.5%	23	before history	0.96%
META	Meta Platforms, Inc. Communication Services	Added	3,672	+684	$2,068,400	+21.0%	14	$509.41	0.90%
CHD	Church & Dwight Co Inc Consumer Defensive	Reduced	19,200	-49	$1,860,096	+3.6%	23	before history	0.81%
HON	Honeywell International Inc Industrials	Reduced	8,107	-8,990	$1,815,157	−53.0%	3	unpriced	0.79%
HONA	Honeywell Aerospace Inc. Industrials	NEW	8,107	NEW	$1,792,295	NEW	1	unpriced	0.78%
PANW	Palo Alto Networks Inc Technology	Held	4,703	0	$1,603,817	+112.7%	13	$121.92	0.70%
SHW	Sherwin Williams Co Basic Materials	Reduced	4,631	-76	$1,594,545	+5.7%	23	before history	0.69%
ROST	Ross Stores, Inc. Consumer Cyclical	Held	7,447	0	$1,585,093	−1.7%	23	before history	0.69%
MNST	Monster Beverage Corp Consumer Defensive	Reduced	14,859	-42	$1,428,247	+32.3%	23	before history	0.62%
AMD	Advanced Micro Devices Inc Technology	Added	2,284	+53	$1,326,798	+192.3%	13	$124.88	0.58%
MKL	Markel Group Inc. Financial Services	Reduced	679	-15	$1,326,093	−0.2%	23	before history	0.58%
NVS	Novartis AG Healthcare	Reduced	8,456	-14	$1,325,224	+2.4%	23	before history	0.58%
CRWD	CrowdStrike Holdings, Inc. Technology	Reduced	1,690	-18	$1,289,706	+93.4%	23	before history	0.56%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	2,498	+97	$1,249,974	+8.6%	13	$360.99	0.54%
ITW	Illinois Tool Works Inc Industrials	Reduced	4,440	-11	$1,200,886	+3.7%	23	before history	0.52%
DKS	Dick's Sporting Goods, Inc. Consumer Cyclical	Added	5,235	+69	$1,187,350	+15.9%	10	$192.69	0.52%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	1,259	-10	$1,177,756	−6.9%	23	before history	0.51%

Showing the top 50 of 85 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.