CLIFFORD SWAN INVESTMENT COUNSEL LLC
CIK 1034642 · View on SEC EDGAR ↗
- Portfolio value
- $3.1B
- Positions
- 340
- As of
- June 30, 2026
#1,138 of 9,443 by 13F value · top 12.1%
Portfolio value QoQ: +180.0% 13F does not disclose cash
- Top 10 holdings weight
- 30.36%
- Top 25 holdings weight
- 49.83%
- Positions above 1%
- 28
- Effective number of positions
- 62.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.71% Est. buys $1,970,975,346 · sells $57,331,769
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.9% still held
- New positions
- 24
- Increased
- 110
- Decreased
- 133
- Closed
- 16
Put-notional exposure: 0.3% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +16.8% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 92.8% · Options excluded: 0.0%
Sector breakdown
Technology
19.6%
Industrials
14.6%
Healthcare
11.8%
Retail
9.3%
Communication Services
6.8%
Energy
4.6%
Communications
4.0%
Logistics & Transportation
3.7%
Financials
3.5%
Financial Services
3.1%
Consumer Discretionary
2.6%
Consumer Staples
2.6%
Materials
2.5%
Consumer products
1.4%
Real Estate
0.5%
Utilities
0.4%
Telecommunication
0.3%
Other/Unmapped
8.7%
Full portfolio 340 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AAPL Apple Inc. - Common Stock | $184,418,411 | 5.92% | 637,332 | $184,307,871 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $135,521,698 | 4.35% | 379,220 | $133,218,342 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $111,490,074 | 3.58% | 298,885 | $110,115,930 | Up ×2 | ||
| UPS United Parcel Service, Inc. Common Stock | $101,980,324 | 3.27% | 948,654 | $100,934,177 | Up ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $89,013,270 | 2.86% | 95,154 | $-8,433,195 | Down ×3 | ||
| ANET Arista Networks, Inc. Common Stock | $82,628,103 | 2.65% | 486,391 | $82,229,682 | Up ×2 | ||
| BRKB | $80,769,956 | 2.59% | 161,414 | $79,816,348 | Up ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $57,040,127 | 1.83% | 174,259 | $4,695,895 | Down ×6 | ||
| JNJ Johnson & Johnson Common Stock | $52,716,758 | 1.69% | 207,571 | $1,092,088 | Down ×6 | ||
| CVX Chevron Corporation Common Stock | $50,566,966 | 1.62% | 305,061 | $50,372,259 | Up ×1 | ||
| INTC Intel Corporation - Common Stock | $49,051,041 | 1.57% | 351,293 | $48,239,314 | Up ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $46,020,841 | 1.48% | 130,249 | $7,711,294 | Down ×4 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $42,611,525 | 1.37% | 102,523 | $41,042,103 | Up ×1 | ||
| LOW Lowe's Companies, Inc. Common Stock | $42,350,781 | 1.36% | 192,076 | $42,201,541 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $41,671,496 | 1.34% | 174,841 | $41,590,271 | Up ×1 | ||
| CTVA Corteva, Inc. Common Stock | $41,359,251 | 1.33% | 488,361 | $39,954,179 | Up ×2 | ||
| AXP American Express Company Common Stock | $40,180,665 | 1.29% | 118,790 | $38,830,092 | Up ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $40,136,670 | 1.29% | 341,705 | $12,331,939 | Down ×6 | ||
| CAT Caterpillar, Inc. Common Stock | $40,009,358 | 1.28% | 37,571 | $13,229,570 | Down ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $39,104,020 | 1.25% | 286,015 | $39,070,088 | Up ×1 | ||
| JCI Johnson Controls International plc Ordinary Share | $38,311,276 | 1.23% | 262,208 | $37,505,933 | Up ×2 | ||
| RTX RTX Corporation Common Stock | $37,253,197 | 1.20% | 196,349 | $35,834,426 | Up ×1 | ||
| FAST Fastenal Company - Common Stock | $36,608,562 | 1.17% | 762,202 | $36,511,122 | Up ×1 | ||
| ABBV AbbVie Inc. Common Stock | $36,531,266 | 1.17% | 145,173 | $36,498,642 | Up ×1 | ||
| WFC Wells Fargo & Company Common Stock | $35,839,821 | 1.15% | 433,686 | $35,164,808 | Up ×1 | ||
| ALSN Allison Transmission Holdings, Inc. Common Stock | $35,668,520 | 1.14% | 316,379 | $34,598,357 | Up ×1 | ||
| EMR Emerson Electric Company Common Stock | $34,865,425 | 1.12% | 243,559 | $2,593,931 | Down ×4 | ||
| ORCL Oracle Corporation Common Stock | $34,416,247 | 1.10% | 234,843 | $-1,206,916 | Down ×5 | ||
| ENTG Entegris, Inc. - Common Stock | $29,419,054 | 0.94% | 163,566 | $28,120,855 | Up ×1 | ||
| BKNG Booking Holdings Inc. - Common Stock | $29,023,053 | 0.93% | 162,831 | $27,393,659 | Up ×4 | ||
| LH Labcorp Holdings Inc. Common Stock | $28,081,996 | 0.90% | 100,293 | $26,387,752 | Up ×1 | ||
| ACN Accenture plc Class A Ordinary Shares (Ireland) | $27,689,423 | 0.89% | 222,512 | $26,730,514 | Up ×1 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $27,240,627 | 0.87% | 147,414 | $7,322,233 | Down ×4 | ||
| MCK McKesson Corporation Common Stock | $27,034,933 | 0.87% | 35,779 | $25,987,847 | Up ×1 | ||
| KEYS Keysight Technologies Inc. Common Stock | $26,789,807 | 0.86% | 76,527 | $26,761,570 | Up ×1 | ||
| PH Parker-Hannifin Corporation Common Stock | $25,975,933 | 0.83% | 26,557 | $2,196,568 | Down ×2 | ||
| SLB SLB Limited Common Shares | $25,182,570 | 0.81% | 541,677 | $23,582,645 | Up ×1 | ||
| GLD | $24,711,667 | 0.79% | 67,082 | $23,631,639 | Up ×1 | ||
| SYK Stryker Corporation Common Stock | $24,698,325 | 0.79% | 78,447 | $-1,179,527 | Down ×6 | ||
| SYY Sysco Corporation Common Stock | $22,375,119 | 0.72% | 267,709 | $21,020,277 | Up ×1 | ||
| EW Edwards Lifesciences Corporation Common Stock | $22,172,922 | 0.71% | 245,113 | $2,116,726 | Down ×6 | ||
| HPE Hewlett Packard Enterprise Company Common Stock | $21,422,423 | 0.69% | 474,893 | $21,417,661 | Up ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $21,004,576 | 0.67% | 143,239 | $20,975,688 | Up ×1 | ||
| MCD McDonald's Corporation Common Stock | $20,687,635 | 0.66% | 76,533 | $-3,486,544 | Down ×6 | ||
| PEP PepsiCo, Inc. - Common Stock | $20,596,009 | 0.66% | 152,112 | $19,849,375 | Up ×1 | ||
| TSCO Tractor Supply Company - Common Stock | $20,273,952 | 0.65% | 641,378 | $-8,032,065 | Up ×1 | ||
| MDLZ Mondelez International, Inc. - Class A Common Stock | $19,692,566 | 0.63% | 340,466 | $19,123,607 | Up ×2 | ||
| INTU Intuit Inc. - Common Stock | $19,658,259 | 0.63% | 75,319 | $18,620,547 | Up ×1 | ||
| UNP Union Pacific Corporation Common Stock | $19,127,785 | 0.61% | 70,323 | $17,902,069 | Up ×2 | ||
| A Agilent Technologies, Inc. Common Stock | $19,012,309 | 0.61% | 143,133 | $18,989,513 | Up ×1 | ||
| ABT Abbott Laboratories Common Stock | $18,121,413 | 0.58% | 199,707 | $18,106,012 | Up ×1 | ||
| SPY SPY | $17,869,667 | 0.57% | 23,929 | $2,011,999 | Down ×1 | ||
| FERG Ferguson Enterprises Inc. Common Stock | $17,586,274 | 0.56% | 74,101 | $15,939,458 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $17,141,083 | 0.55% | 30,430 | $-757,670 | Down ×2 | ||
| BMY Bristol-Myers Squibb Company Common Stock | $16,930,631 | 0.54% | 293,833 | $16,082,562 | Up ×1 | ||
| PM Philip Morris International Inc Common Stock | $16,907,257 | 0.54% | 93,457 | $1,259,193 | Down ×6 | ||
| CPAY Corpay, Inc. Common Stock | $16,528,859 | 0.53% | 49,596 | $15,095,733 | Up ×1 | ||
| KMX CarMax Inc | $16,297,154 | 0.52% | 308,133 | $15,112,540 | Up ×4 | ||
| WMT Walmart Inc. - Common Stock | $15,931,096 | 0.51% | 140,660 | $15,875,170 | Up ×1 | ||
| HPQ HP Inc. Common Stock | $15,684,006 | 0.50% | 714,859 | $15,680,164 | Up ×1 | ||
| NVO Novo Nordisk A/S Common Stock | $15,268,123 | 0.49% | 318,484 | $3,333,891 | Down ×1 | ||
| LMBS First Trust Low Duration Opportunities ETF | $15,114,146 | 0.48% | 303,619 | $578,520 | Up ×1 | ||
| SBUX Starbucks Corporation - Common Stock | $14,604,067 | 0.47% | 142,911 | $14,509,997 | Up ×1 | ||
| ZTS Zoetis Inc. Class A Common Stock | $13,604,976 | 0.44% | 189,326 | $12,239,650 | Up ×2 | ||
| HD Home Depot, Inc. (The) Common Stock | $13,322,836 | 0.43% | 37,776 | $13,273,502 | Up ×1 | ||
| CMI Cummins Inc. Common Stock | $13,089,543 | 0.42% | 18,353 | $3,166,840 | Down ×1 | ||
| AMGN Amgen Inc. - Common Stock | $13,057,304 | 0.42% | 36,058 | $12,951,749 | Up ×1 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $13,024,228 | 0.42% | 12,878 | $1,830,251 | Down ×2 | ||
| DIS Walt Disney Company (The) Common Stock | $12,700,244 | 0.41% | 131,951 | $12,348,939 | Up ×1 | ||
| XLK XLK | $12,623,093 | 0.40% | 66,256 | $3,817,671 | |||
| CL Colgate-Palmolive Company Common Stock | $12,462,781 | 0.40% | 135,938 | $607,690 | Down ×6 | ||
| EBAY eBay Inc. - Common Stock | $12,457,443 | 0.40% | 111,476 | $12,020,547 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $12,434,004 | 0.40% | 62,142 | $12,429,295 | Up ×1 | ||
| ALB Albemarle Corporation Common Stock | $12,430,052 | 0.40% | 92,054 | $-8,101,896 | Down ×5 | ||
| EXPD Expeditors International of Washington, Inc. Common Stock | $12,197,582 | 0.39% | 74,841 | $10,601,284 | Up ×1 | ||
| Q Qnity Electronics, Inc. Common Stock | $11,795,251 | 0.38% | 72,226 | $11,710,562 | Up ×1 | ||
| VOO | $11,685,626 | 0.37% | 17,014 | $1,381,306 | Down ×2 | ||
| IJR | $11,527,988 | 0.37% | 77,729 | $885,157 | Down ×3 | ||
| BRKA | $11,232,750 | 0.36% | 15 | $460,650 | |||
| PFE Pfizer, Inc. Common Stock | $11,044,082 | 0.35% | 458,641 | $10,471,924 | Up ×1 | ||
| ADP Automatic Data Processing, Inc. - Common Stock | $10,710,857 | 0.34% | 47,827 | $1,202,846 | Up ×2 | ||
| GE GE Aerospace Common Stock | $10,203,723 | 0.33% | 27,302 | $2,371,921 | Down ×3 | ||
| KO Coca-Cola Company (The) Common Stock | $9,945,827 | 0.32% | 122,380 | $8,850,707 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $9,907,876 | 0.32% | 26,229 | $1,492,719 | Down ×1 | ||
| TXN Texas Instruments Incorporated - Common Stock | $9,824,554 | 0.32% | 32,961 | $3,204,272 | Down ×6 | ||
| BK The Bank of New York Mellon Corporation Common Stock | $9,777,371 | 0.31% | 67,612 | $1,400,788 | Down ×3 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $9,724,826 | 0.31% | 75,680 | $568,342 | Down ×1 | ||
| NOC Northrop Grumman Corporation Common Stock | $9,579,102 | 0.31% | 18,808 | $-3,248,374 | Up ×1 | ||
| AON Aon plc Class A Ordinary Shares (Ireland) | $9,488,656 | 0.30% | 28,607 | $8,425,096 | Up ×1 | ||
| NVS Novartis AG Common Stock | $9,421,695 | 0.30% | 60,118 | $8,462,425 | Up ×1 | ||
| IBM International Business Machines Corporation Common Stock | $9,293,237 | 0.30% | 33,047 | $9,281,117 | Up ×1 | ||
| IFF International Flavors & Fragrances, Inc. Common Stock | $9,277,057 | 0.30% | 117,105 | $-162,319 | Down ×3 | ||
| Unknown issuer (CUSIP: 26614N201) | $8,700,415 | 0.28% | 64,143 | Up ×1 | |||
| COP ConocoPhillips Common Stock | $8,687,371 | 0.28% | 83,565 | $-3,136,099 | Down ×1 | ||
| BA Boeing Company (The) Common Stock | $8,528,004 | 0.27% | 39,396 | $633,420 | Down ×3 | ||
| ITW Illinois Tool Works Inc. Common Stock | $8,511,420 | 0.27% | 31,469 | $308,381 | Down ×6 | ||
| PSA Public Storage Common Stock | $8,249,959 | 0.26% | 25,918 | $1,229,291 | |||
| VRSK Verisk Analytics, Inc. - Common Stock | $8,086,390 | 0.26% | 45,042 | $7,592,281 | Up ×1 | ||
| OTIS Otis Worldwide Corporation Common Stock | $7,573,776 | 0.24% | 105,779 | $560,113 | Up ×2 | ||
| LRCX Lam Research Corporation - Common Stock | $7,162,945 | 0.23% | 16,530 | $3,629,009 | Down ×3 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 26614N201) | $8,700,415 | 64,143 | 0.28% |
| LRCX | $6,369,951 | 14,700 | 0.20% |
| Unknown issuer (CUSIP: 438516205) | $5,717,958 | 25,538 | 0.18% |
| Unknown issuer (CUSIP: 43849R105) | $5,694,579 | 25,758 | 0.18% |
| NVDA | $3,001,350 | 15,000 | 0.10% |
| TPL | $2,338,311 | 5,343 | 0.08% |
| ANET | $594,580 | 3,500 | 0.02% |
| AAPL | $405,104 | 1,400 | 0.01% |
| BSV | $397,107 | 5,097 | 0.01% |
| VTV | $381,160 | 1,749 | 0.01% |
| MRVL | $367,596 | 1,234 | 0.01% |
| COST | $280,641 | 300 | 0.01% |
| PANW | $279,295 | 819 | 0.01% |
| FTNT | $240,415 | 1,565 | 0.01% |
| ICLR | $236,246 | 1,360 | 0.01% |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HON | June 30, 2026 | 51,080 | $11,545,612 | -1.9% |
| DD | June 30, 2026 | 202,334 | $9,266,885 | 3.3% |
| AOA | March 31, 2026 | 28,503 | $2,552,733 | No longer tracked |
| AOR | March 31, 2026 | 36,440 | $2,368,969 | No longer tracked |
| JWN | June 30, 2025 | 55,192 | $1,349,444 | No longer tracked |
| IWB | Sept. 30, 2025 | 2,566 | $871,337 | No longer tracked |
| WBA | Sept. 30, 2025 | 73,039 | $838,488 | No longer tracked |
| IAU | Dec. 31, 2025 | 9,773 | $711,181 | No longer tracked |
| VGSH | June 30, 2026 | 11,036 | $646,047 | |
| K | Dec. 31, 2025 | 6,950 | $570,039 | No longer tracked |
| FCAL | June 30, 2026 | 11,345 | $554,657 | |
| CMF | June 30, 2026 | 9,260 | $526,524 | No longer tracked |
| ULXXXX | Dec. 31, 2025 | 7,649 | $453,436 | No longer tracked |
| ANSS | Sept. 30, 2025 | 1,221 | $428,840 | No longer tracked |
| VTRS | March 31, 2025 | 32,067 | $399,234 | 84.4% |
| DBND | June 30, 2026 | 8,600 | $393,966 | No longer tracked |
| BIL | Dec. 31, 2025 | 4,250 | $389,938 | No longer tracked |
| DFUV | Dec. 31, 2025 | 8,538 | $381,563 | No longer tracked |
| ETHA | Dec. 31, 2025 | 11,766 | $370,747 | |
| NBR | March 31, 2025 | 6,000 | $343,020 | 117.8% |
| GAP | June 30, 2025 | 16,200 | $333,882 | -8.0% |
| BSV | March 31, 2025 | 3,835 | $296,330 | No longer tracked |
| TRMB | June 30, 2026 | 4,298 | $280,359 | 16.3% |
| FE | Dec. 31, 2025 | 6,037 | $276,615 | 4.7% |
| DFS | June 30, 2025 | 1,615 | $275,681 | No longer tracked |
| ICLR | June 30, 2025 | 1,520 | $265,985 | 18.7% |
| PWZ | June 30, 2026 | 11,050 | $263,764 | No longer tracked |
| BEN | June 30, 2025 | 13,321 | $256,429 | 44.9% |
| KR | June 30, 2026 | 3,543 | $256,365 | 2.7% |
| ROST | June 30, 2026 | 1,168 | $253,024 | 12.0% |
| PNC | Dec. 31, 2025 | 1,238 | $248,751 | 16.9% |
| ICLR | March 31, 2026 | 1,360 | $247,819 | 56.0% |
| CRM | March 31, 2026 | 929 | $246,101 | 10.1% |
| DFAT | Dec. 31, 2025 | 4,204 | $244,715 | No longer tracked |
| VCIT | March 31, 2025 | 3,042 | $244,181 | |
| TOL | March 31, 2025 | 1,839 | $231,622 | 37.9% |
| LNC | March 31, 2026 | 5,123 | $228,127 | 20.3% |
| CPB | March 31, 2026 | 8,140 | $226,862 | 6.4% |
| SIL | June 30, 2026 | 2,507 | $225,869 | No longer tracked |
| SGDM | June 30, 2026 | 2,933 | $221,436 | No longer tracked |
| SOLV | Dec. 31, 2025 | 3,006 | $219,438 | 11.7% |
| SCHD | June 30, 2025 | 7,823 | $218,721 | No longer tracked |
| ATMU | June 30, 2026 | 3,835 | $217,713 | -2.2% |
| AVAV | March 31, 2026 | 900 | $217,701 | -12.0% |
| EXR | Dec. 31, 2025 | 1,527 | $215,215 | 13.2% |
| CI | Sept. 30, 2025 | 648 | $214,216 | -4.0% |
| PSLV | June 30, 2026 | 8,725 | $212,803 | No longer tracked |
| GEHC | June 30, 2026 | 2,989 | $212,757 | 15.7% |
| VOOG | March 31, 2025 | 569 | $208,288 | No longer tracked |
| CAH | Sept. 30, 2025 | 1,225 | $205,800 | 46.9% |
| DHR | March 31, 2025 | 894 | $205,304 | 4.4% |
| BAX | June 30, 2025 | 5,980 | $204,695 | -13.5% |
| AZN | June 30, 2026 | 1,034 | $203,925 | -12.7% |
| LPX | June 30, 2025 | 2,184 | $200,884 | -13.9% |
| ORLY | Dec. 31, 2025 | 1,860 | $200,527 | -2.6% |
| OXYWS | Sept. 30, 2025 | 8,657 | $179,286 | No longer tracked |
| ADBE | March 31, 2026 | 150 | $52,499 | 12.3% |