Kensington Investment Counsel, LLC — 13F Holdings & Portfolio

CIK 1845536 · latest 13F-HR filed 2026-05-19

Kensington Investment Counsel, LLC manages $207.7M in 13F-reported U.S. long-equity assets across 83 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are AAPL (7.49%), MSFT (5.39%), ABBV (3.93%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 26, added to 18, and trimmed 46.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$207.7M

Long-equity book

Holdings

83

Distinct positions

Period

2026-03-31

Filed 2026-05-19

Q/Q Activity

+5 / −26 / ↑18 / ↓46

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • CISCO SYS INC COM$4.9M +781.8%
  • HONEYWELL INTL INC COM$3.4M +682.0%
  • EXXON MOBIL CORP COM$2.3M +354.7%
  • JOHNSON & JOHNSON COM$1.2M +21.4%
  • DELL TECHNOLOGIES INC CL C$979.7K +53.7%
Show all 18

Top Trims

  • MICROSOFT CORP COM-$3.2M -22.2%
  • WILLIAMS SONOMA INC COM-$3.1M -39.9%
  • CROWDSTRIKE HLDGS INC CL A-$1.9M -73.8%
  • COPART INC COM-$1.7M -74.8%
  • ROPER TECHNOLOGIES INC COM-$1.6M -62.9%
Show all 46

New Positions

  • SLB LIMITED COM STK$4.2M
  • HALLIBURTON CO COM$3.2M
  • FREEPORT MCMORAN INC CL B$360.3K
  • VANGUARD GROWTH ETF$346.4K
  • VANGUARD S&P 500 ETF$320.9K
Show all 5

Exited Positions

  • MCCORMICK & CO INC COM NON VTG$4.8M
  • PROCTER & GAMBLE CO COM$4.5M
  • ACCENTURE PLC IRELAND SHS CLASS A$3.5M
  • MORNINGSTAR INC COM$1.5M
  • PAYPAL HLDGS INC COM$1.3M
Show all 26
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 APPLE INC COM AAPL 037833100 $15.6M 7.49% 61,300 SH
2 MICROSOFT CORP COM MSFT 594918104 $11.2M 5.39% 30,243 SH
3 ABBVIE INC COM ABBV 00287Y109 $8.2M 3.93% 37,513 SH
4 JPMORGAN CHASE & CO COM JPM 46625H100 $8.1M 3.91% 27,593 SH
5 SNAP ON INC COM SNA 833034101 $7.3M 3.52% 20,151 SH
6 JOHNSON & JOHNSON COM JNJ 478160104 $6.7M 3.23% 27,409 SH
7 GENERAL DYNAMICS CORP COM GD 369550108 $6.6M 3.16% 19,116 SH
8 AMGEN INC COM AMGN 031162100 $6.2M 2.98% 17,615 SH
9 REPUBLIC SVCS INC COM RSG 760759100 $6.0M 2.91% 27,570 SH
10 PEPSICO INC COM PEP 713448108 $5.8M 2.80% 37,471 SH
11 NVIDIA CORPORATION COM NVDA 67066G104 $5.6M 2.70% 32,137 SH
12 CISCO SYS INC COM CSCO 17275R102 $5.5M 2.67% 71,387 SH
13 HOME DEPOT INC COM HD 437076102 $5.3M 2.55% 16,107 SH
14 INVESCO QQQ TRUST SERIES I QQQ 46090E103 $5.3M 2.53% 9,106 SH
15 WATSCO INC COM WSO 942622200 $4.9M 2.34% 13,372 SH
16 ALPHABET INC CAP STK CL A GOOGL 02079K305 $4.8M 2.31% 16,678 SH
17 MERCK & CO INC COM MRK 58933Y105 $4.7M 2.27% 39,225 SH
18 WILLIAMS SONOMA INC COM WSM 969904101 $4.6M 2.21% 25,223 SH
19 TEXAS INSTRS INC COM TXN 882508104 $4.5M 2.17% 23,176 SH
20 SLB LIMITED COM STK SLB 806857108 $4.2M 2.03% 81,856 SH
21 HONEYWELL INTL INC COM HON 438516106 $3.9M 1.86% 17,097 SH
22 QUALCOMM INC COM QCOM 747525103 $3.5M 1.70% 27,449 SH
23 CANADIAN NATL RY CO COM CNI 136375102 $3.4M 1.64% 33,236 SH
24 BROADRIDGE FINL SOLUTIONS INC COM BR 11133T103 $3.3M 1.58% 20,258 SH
25 HALLIBURTON CO COM HAL 406216101 $3.2M 1.55% 82,440 SH
26 EXXON MOBIL CORP COM XOM 30231G102 $3.0M 1.43% 17,548 SH
27 UNION PAC CORP COM UNP 907818108 $2.9M 1.37% 11,769 SH
28 DELL TECHNOLOGIES INC CL C DELL 24703L202 $2.8M 1.35% 17,075 SH
29 MASTERCARD INCORPORATED CL A MA 57636Q104 $2.7M 1.28% 5,327 SH
30 AVALONBAY CMNTYS INC COM AVB 053484101 $2.3M 1.12% 14,197 SH
31 UNITEDHEALTH GROUP INC COM UNH 91324P102 $2.3M 1.09% 8,398 SH
32 AMAZON COM INC COM AMZN 023135106 $2.0M 0.98% 9,733 SH
33 BROADCOM INC COM AVGO 11135F101 $2.0M 0.94% 6,327 SH
34 AMETEK INC COM AME 031100100 $2.0M 0.94% 9,133 SH
35 ELI LILLY & CO COM LLY 532457108 $1.9M 0.90% 2,041 SH
36 CHURCH & DWIGHT CO INC COM CHD 171340102 $1.8M 0.86% 19,249 SH
37 META PLATFORMS INC CL A META 30303M102 $1.7M 0.82% 2,988 SH
38 ROSS STORES INC COM ROST 778296103 $1.6M 0.78% 7,447 SH
39 SHERWIN WILLIAMS CO COM SHW 824348106 $1.5M 0.73% 4,707 SH
40 MARKEL GROUP INC COM MKL 570535104 $1.3M 0.64% 694 SH
41 NOVARTIS AG SPONSORED ADR NVS 66987V109 $1.3M 0.62% 8,470 SH
42 COSTCO WHOLESALE CORPORATION COM COST 22160K105 $1.3M 0.61% 1,269 SH
43 ILLINOIS TOOL WKS INC COM ITW 452308109 $1.2M 0.56% 4,451 SH
44 BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B 084670702 $1.2M 0.55% 2,401 SH
45 MONSTER BEVERAGE CORP NEW COM MNST 61174X109 $1.1M 0.52% 14,901 SH
46 DICKS SPORTING GOODS INC COM DKS 253393102 $1.0M 0.49% 5,166 SH
47 RESMED INC COM RMD 761152107 $960.3K 0.46% 4,278 SH
48 ROLLINS INC COM ROL 775711104 $953.2K 0.46% 17,847 SH
49 ROPER TECHNOLOGIES INC COM ROP 776696106 $930.3K 0.45% 2,629 SH
50 DANAHER CORP DEL COM DHR 235851102 $923.9K 0.44% 4,873 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-19 $207.7M 83 0001845536-26-000002
2025-12-31 2026-02-18 $246.2M 104 0001845536-26-000001
2025-09-30 2025-11-20 $245.5M 104 0001845536-25-000005