ARGUS INVESTORS' COUNSEL, INC.

CIK

7195

Location

NEW YORK, NY

Portfolio Value

Small $105,037,298

Diversification

Diversified

Filing Date

Global Rank

#5,609 / 8,607 ▼ 43 · as of Mar 2026

Top Industry

Semiconductors 10.6%

3Y Alpha vs SPY

-1.8%

Period ended 3 months ago

Filed Apr 28, 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

+66.9%

SPY

+75.5%

Annualised alpha

-2.0%

Max drawdown

−19.1%

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

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

Top Position

4.7%

−0.2 pts

Top 5

21.2%

−0.2 pts

Top 10

39.1%

+1.9 pts

HHI

240

Diversified+5

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	27.7%	$29,142,683	20
Financial Services	19.4%	$20,339,336	15
Industrials	14.7%	$15,397,362	13
Communication Services	10.2%	$10,663,779	6
Healthcare	9.9%	$10,390,561	12
Consumer Defensive	5.3%	$5,557,283	3
Consumer Cyclical	4.8%	$5,066,265	6
Energy	3.9%	$4,077,528	5
Utilities	2.9%	$3,006,175	4
Basic Materials	1.1%	$1,148,674	3
Real Estate	0.2%	$247,652	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
GD	General Dynamics Corp	+4,342	5,193	$1,782,341
CEG	Constellation Energy Corp	+2,853	5,053	$1,411,050
SO	Southern Co	+2,307	5,212	$503,062
JNJ	Johnson & Johnson	+980	3,017	$737,475
AMGN	Amgen Inc	+617	1,951	$686,459
SPGI	S&P Global Inc.	+548	4,225	$1,700,152
JPM	Jpmorgan Chase & Co	+233	13,823	$4,066,173
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ADBE	Adobe Inc.	−2,753	870	$211,479
NFLX	Netflix Inc	−2,570	5,290	$508,633
GOOGL	Alphabet Inc.	−2,057	15,901	$4,572,491
TRGP	Targa Resources Corp.	−2,032	8,375	$2,099,863
NVDA	Nvidia Corp	−1,946	28,474	$4,965,865
WMT	Walmart Inc.	−1,775	7,801	$969,508
SYK	Stryker Corp	−1,535	1,269	$416,980
GLW	Corning Inc /Ny	−1,267	2,810	$382,075
AAPL	Apple Inc.	−1,213	16,383	$4,157,841
WFC	Wells Fargo & Company/Mn	−1,061	30,355	$2,416,561
BSX	Boston Scientific Corp	−1,060	25,712	$1,613,428
DASH	DoorDash, Inc.	−1,016	5,348	$803,002
ORCL	Oracle Corp	−999	14,990	$2,205,178
PG	PROCTER & GAMBLE Co	−896	1,802	$260,280
ANET	Arista Networks, Inc.	−859	13,458	$1,652,373
SCHW	Schwab Charles Corp	−829	27,907	$2,622,699
BNY	Bank of New York Mellon Corp	−750	6,151	$729,693
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−724	1,321	$446,431
TJX	Tjx Companies Inc /De/	−666	5,900	$942,230
NDAQ	Nasdaq, Inc.	−656	6,251	$530,647
TT	Trane Technologies plc	−642	7,815	$3,256,823
MRVL	Marvell Technology, Inc.	−606	2,364	$234,154
PWR	Quanta Services, Inc.	−599	7,756	$4,258,199
AMAT	Applied Materials Inc /De	−523	10,838	$3,704,320
SHEL	Shell plc	−518	2,213	$205,809
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
NYT	New York Times Co	18,327	$1,534,519
DXCM	Dexcom Inc	18,348	$1,152,254
SNOW	Snowflake Inc.	6,610	$996,920
LRCX	Lam Research Corp	3,127	$668,114
ATO	Atmos Energy Corp	2,759	$509,642
STT	State Street Corp	3,451	$436,758
DHR	Danaher Corp /De/	2,106	$399,297
ZTS	Zoetis Inc.	1,923	$227,317
PSX	Phillips 66	1,196	$217,887
ENB	Enbridge Inc	3,727	$201,779
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
AXON	Axon Enterprise, Inc.	4,410	$2,504,571
RCL	Royal Caribbean Cruises Ltd	5,015	$1,398,783
NOW	ServiceNow, Inc.	8,671	$1,328,310
PYPL	PayPal Holdings, Inc.	17,624	$1,028,889
CTAS	Cintas Corp	3,257	$612,543
J	Jacobs Solutions Inc.	3,988	$528,250
AIG	American International Group, Inc.	5,954	$509,364
BX	Blackstone Inc.	1,669	$257,259
TMUS	T-Mobile US, Inc.	1,162	$235,932
ADP	Automatic Data Processing Inc	894	$229,963
DKS	Dick's Sporting Goods, Inc.	1,115	$220,736
CSX	Csx Corp	5,659	$205,138
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

88 positions · $105,037,298 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 88 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	28,474	-1,946	$4,965,865	−12.5%	4.73%
GOOGL	Alphabet Inc. Communication Services	Reduced	15,901	-2,057	$4,572,491	−18.7%	4.35%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	4,343	-251	$4,327,495	+9.2%	4.12%
PWR	Quanta Services, Inc. Industrials	Reduced	7,756	-599	$4,258,199	+20.8%	4.05%
AAPL	Apple Inc. Technology	Reduced	16,383	-1,213	$4,157,841	−13.1%	3.96%
JPM	Jpmorgan Chase & Co Financial Services	Added	13,823	+233	$4,066,173	−7.1%	3.87%
ADI	Analog Devices Inc Technology	Reduced	12,290	-454	$3,909,940	+13.1%	3.72%
LLY	ELI LILLY & Co Healthcare	Reduced	4,063	-8	$3,737,025	−14.6%	3.56%
AMAT	Applied Materials Inc /De Technology	Reduced	10,838	-523	$3,704,320	+26.9%	3.53%
META	Meta Platforms, Inc. Communication Services	Reduced	5,967	-335	$3,413,899	−17.9%	3.25%
TT	Trane Technologies plc Industrials	Reduced	7,815	-642	$3,256,823	−1.1%	3.10%
SCHW	Schwab Charles Corp Financial Services	Reduced	27,907	-829	$2,622,699	−8.6%	2.50%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	12,091	-483	$2,518,192	−13.2%	2.40%
V	Visa Inc. Financial Services	Reduced	8,053	-246	$2,433,938	−16.4%	2.32%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	30,355	-1,061	$2,416,561	−17.5%	2.30%
URI	United Rentals, Inc. Industrials	Reduced	3,291	-66	$2,397,690	−11.7%	2.28%
BLK	BlackRock, Inc. Financial Services	Reduced	2,449	-65	$2,355,227	−12.5%	2.24%
ORCL	Oracle Corp Technology	Reduced	14,990	-999	$2,205,178	−29.2%	2.10%
TRGP	Targa Resources Corp. Energy	Reduced	8,375	-2,032	$2,099,863	+9.4%	2.00%
GD	General Dynamics Corp Industrials	Added	5,193	+4,342	$1,782,341	+522.1%	1.70%
SPGI	S&P Global Inc. Financial Services	Added	4,225	+548	$1,700,152	−6.5%	1.62%
ANET	Arista Networks, Inc. Technology	Reduced	13,458	-859	$1,652,373	−11.9%	1.57%
BSX	Boston Scientific Corp Healthcare	Reduced	25,712	-1,060	$1,613,428	−36.8%	1.54%
NYT	New York Times Co Communication Services	NEW	18,327	NEW	$1,534,519	NEW	1.46%
CEG	Constellation Energy Corp Utilities	Added	5,053	+2,853	$1,411,050	+81.6%	1.34%
MSFT	Microsoft Corp Technology	Reduced	3,778	-340	$1,398,502	−29.8%	1.33%
XOM	ExxonMobil Holdings Corp Energy	Reduced	7,970	-157	$1,352,190	+38.3%	1.29%
DXCM	Dexcom Inc Healthcare	NEW	18,348	NEW	$1,152,254	NEW	1.10%
AVGO	Broadcom Inc. Technology	Reduced	3,677	-308	$1,138,068	−17.5%	1.08%
AXP	American Express Co Financial Services	Reduced	3,471	-403	$1,049,908	−26.7%	1.00%
PANW	Palo Alto Networks Inc Technology	Reduced	6,416	-33	$1,028,613	−13.4%	0.98%
SNOW	Snowflake Inc. Technology	NEW	6,610	NEW	$996,920	NEW	0.95%
WMT	Walmart Inc. Consumer Defensive	Reduced	7,801	-1,775	$969,508	−9.1%	0.92%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	5,900	-666	$942,230	−6.6%	0.90%
GE	General Electric Co Industrials	Reduced	3,086	-182	$875,714	−13.0%	0.83%
DASH	DoorDash, Inc. Consumer Cyclical	Reduced	5,348	-1,016	$803,002	−44.3%	0.76%
UBER	Uber Technologies, Inc Technology	Reduced	10,877	-218	$782,382	−13.7%	0.74%
MA	Mastercard Inc Financial Services	Reduced	1,527	-194	$762,980	−22.3%	0.73%
JNJ	Johnson & Johnson Healthcare	Added	3,017	+980	$737,475	+74.9%	0.70%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	6,151	-750	$729,693	−8.9%	0.69%
AMGN	Amgen Inc Healthcare	Added	1,951	+617	$686,459	+57.2%	0.65%
LRCX	Lam Research Corp Technology	NEW	3,127	NEW	$668,114	NEW	0.64%
PH	Parker-Hannifin Corp Industrials	Reduced	691	-77	$618,610	−8.4%	0.59%
DUK	Duke Energy CORP Utilities	Held	4,448	0	$582,421	+11.7%	0.55%
HWM	Howmet Aerospace Inc. Industrials	Reduced	2,454	-261	$565,548	+1.6%	0.54%
MCK	Mckesson Corp Healthcare	Reduced	629	-58	$544,311	−3.4%	0.52%
NDAQ	Nasdaq, Inc. Financial Services	Reduced	6,251	-656	$530,647	−20.9%	0.51%
ATO	Atmos Energy Corp Utilities	NEW	2,759	NEW	$509,642	NEW	0.49%
NFLX	Netflix Inc Communication Services	Reduced	5,290	-2,570	$508,633	−31.0%	0.48%
SO	Southern Co Utilities	Added	5,212	+2,307	$503,062	+98.6%	0.48%