Q4 2025 · 13F-HR
Kensington Investment Counsel, LLCholdings as filed
Filed 2026-02-18 · accession 0001845536-26-000001
$246.2M
Reported value
104
Positions
2025-12-31
Period end
The Brief · Kensington Investment Counsel, LLC · Q4 2025
AI · grounded in 13F
Kensington Investment Counsel, LLC closed its position in DUOL for a reduction of $1.65M. The fund also exited its holding in CBZ, resulting in a $1.41M decrease. On the buy side, the manager established a new position in CARG worth $1.18M and increased its stake in META by 86.11%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 037833100 | AAPL | APPLE INC COM | $17.0M | 6.92% | 62,644 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP COM | $14.4M | 5.84% | 29,742 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO COM | $8.7M | 3.52% | 26,863 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC COM | $8.5M | 3.44% | 37,021 | Common | SOLE |
| 969904101 | WSM | WILLIAMS SONOMA INC COM | $7.7M | 3.11% | 42,856 | Common | SOLE |
| 833034101 | SNA | SNAP ON INC COM | $7.4M | 2.99% | 21,359 | Common | SOLE |
| 369550108 | GD | GENERAL DYNAMICS CORP COM | $6.4M | 2.58% | 18,893 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC COM | $5.9M | 2.40% | 18,071 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION COM | $5.8M | 2.37% | 31,337 | Common | SOLE |
| 760759100 | RSG | REPUBLIC SVCS INC COM | $5.8M | 2.36% | 27,416 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON COM | $5.5M | 2.24% | 26,663 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC CAP STK CL A | $5.5M | 2.22% | 17,429 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC COM | $5.4M | 2.21% | 37,963 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TRUST SERIES I | $5.4M | 2.21% | 8,849 | Common | SOLE |
| 942622200 | WSO | WATSCO INC COM | $5.4M | 2.19% | 15,971 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC COM | $5.1M | 2.06% | 14,760 | Common | SOLE |
| 579780206 | MKC | MCCORMICK & CO INC COM NON VTG | $4.8M | 1.94% | 70,074 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC COM | $4.7M | 1.90% | 27,361 | Common | SOLE |
| 11133T103 | BR | BROADRIDGE FINL SOLUTIONS INC COM | $4.7M | 1.90% | 20,934 | Common | SOLE |
| 742718109 | PG | PROCTER & GAMBLE CO COM | $4.5M | 1.82% | 31,327 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC COM | $4.1M | 1.65% | 23,451 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC COM | $4.0M | 1.64% | 38,346 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND SHS CLASS A | $3.5M | 1.40% | 12,881 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO COM | $3.3M | 1.36% | 33,837 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED CL A | $3.0M | 1.24% | 5,327 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC COM | $2.8M | 1.15% | 12,284 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC COM | $2.8M | 1.15% | 8,561 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP COM | $2.7M | 1.12% | 11,876 | Common | SOLE |
| 053484101 | AVB | AVALONBAY CMNTYS INC COM | $2.6M | 1.06% | 14,330 | Common | SOLE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC CL A | $2.5M | 1.03% | 5,430 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC COM | $2.5M | 1.02% | 5,635 | Common | SOLE |
| 031100100 | AME | AMETEK INC COM | $2.4M | 0.99% | 11,893 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC COM | $2.3M | 0.95% | 6,777 | Common | SOLE |
| 217204106 | CPRT | COPART INC COM | $2.3M | 0.94% | 59,113 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC CL A | $2.3M | 0.92% | 3,417 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO COM | $2.2M | 0.89% | 2,041 | Common | SOLE |
| 171340102 | CHD | CHURCH & DWIGHT CO INC COM | $2.1M | 0.86% | 25,173 | Common | SOLE |
| 570535104 | MKL | MARKEL GROUP INC COM | $2.0M | 0.79% | 909 | Common | SOLE |
| 89377M109 | TMDX | TRANSMEDICS GROUP INC COM | $1.9M | 0.77% | 15,584 | Common | SOLE |
| 126402106 | CSW | CSW INDUSTRIALS INC COM | $1.8M | 0.75% | 6,254 | Common | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC CL C | $1.8M | 0.74% | 14,481 | Common | SOLE |
| 775711104 | ROL | ROLLINS INC COM | $1.7M | 0.71% | 29,085 | Common | SOLE |
| 292765104 | EPAC | ENERPAC TOOL GROUP CORP CL A COM | $1.6M | 0.67% | 42,893 | Common | SOLE |
| 448579102 | H | HYATT HOTELS CORP COM CL A | $1.6M | 0.65% | 9,963 | Common | SOLE |
| 617700109 | MORN | MORNINGSTAR INC COM | $1.5M | 0.63% | 7,100 | Common | SOLE |
| 61174X109 | MNST | MONSTER BEVERAGE CORP NEW COM | $1.5M | 0.63% | 20,080 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO COM | $1.5M | 0.62% | 4,707 | Common | SOLE |
| 761152107 | RMD | RESMED INC COM | $1.4M | 0.59% | 6,019 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC CAP STK CL C | $1.4M | 0.58% | 4,527 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC COM | $1.4M | 0.57% | 14,413 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL CL B NEW | $1.4M | 0.56% | 2,748 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC COM | $1.4M | 0.55% | 7,573 | Common | SOLE |
| 941848103 | WAT | WATERS CORP COM | $1.4M | 0.55% | 3,565 | Common | SOLE |
| 22160K105 | COST | COSTCO WHOLESALE CORPORATION COM | $1.3M | 0.55% | 1,562 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC COM | $1.3M | 0.54% | 22,921 | Common | SOLE |
| 302081104 | EXLS | EXLSERVICE HOLDINGS INC COM | $1.3M | 0.51% | 29,802 | Common | SOLE |
| 461202103 | INTU | INTUIT COM | $1.2M | 0.49% | 1,822 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG SPONSORED ADR | $1.2M | 0.49% | 8,747 | Common | SOLE |
| 141788109 | CARG | CARGURUS INC COM CL A | $1.2M | 0.48% | 30,819 | Common | SOLE |
| 452308109 | ITW | ILLINOIS TOOL WKS INC COM | $1.2M | 0.48% | 4,783 | Common | SOLE |
| 33829M101 | FIVE | FIVE BELOW INC COM | $1.1M | 0.47% | 6,082 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION COM | $1.1M | 0.47% | 5,003 | Common | SOLE |
| 303075105 | FDS | FACTSET RESH SYS INC COM | $1.1M | 0.45% | 3,834 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC COM | $972,548 | 0.40% | 11,125 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC COM CL A | $955,909 | 0.39% | 25,182 | Common | SOLE |
| 253393102 | DKS | DICKS SPORTING GOODS INC COM | $942,139 | 0.38% | 4,759 | Common | SOLE |
| 98980G102 | ZS | ZSCALER INC COM | $918,798 | 0.37% | 4,085 | Common | SOLE |
| 216648501 | COO | COOPER COS INC COM | $896,560 | 0.36% | 10,939 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC COM | $891,392 | 0.36% | 5,783 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC COM | $873,108 | 0.35% | 4,740 | Common | SOLE |
| 902252105 | TYL | TYLER TECHNOLOGIES INC COM | $858,873 | 0.35% | 1,892 | Common | SOLE |
| 759916109 | RGEN | REPLIGEN CORP COM | $858,790 | 0.35% | 5,241 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC COM | $827,300 | 0.34% | 3,863 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC COM | $759,828 | 0.31% | 2,171 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC COM | $713,589 | 0.29% | 1,574 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC COM | $702,873 | 0.29% | 1,213 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP COM | $654,770 | 0.27% | 5,441 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC COM | $628,103 | 0.26% | 8,154 | Common | SOLE |
| 81369Y407 | XLY | STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF | $580,930 | 0.24% | 4,865 | Common | SOLE |
| 81369Y803 | XLK | STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF | $569,257 | 0.23% | 3,954 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC CL A | $544,172 | 0.22% | 4,325 | Common | SOLE |
| 78462F103 | SPY | STATE STREET SPDR S&P 500 ETF | $509,654 | 0.21% | 747 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC COM | $507,832 | 0.21% | 1,917 | Common | SOLE |
| G54950103 | LIN | LINDE PLC SHS | $497,597 | 0.20% | 1,167 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC CL A | $496,100 | 0.20% | 2,791 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC COM | $494,163 | 0.20% | 2,533 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC COM | $463,097 | 0.19% | 1,831 | Common | SOLE |
| 34959E109 | FTNT | FORTINET INC COM | $447,634 | 0.18% | 5,637 | Common | SOLE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP COM | $446,474 | 0.18% | 783 | Common | SOLE |
| 09073M104 | TECH | BIO-TECHNE CORP COM | $428,901 | 0.17% | 7,293 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC COM | $426,860 | 0.17% | 1,661 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC COM | $413,742 | 0.17% | 920 | Common | SOLE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIONS CL A | $364,951 | 0.15% | 4,397 | Common | SOLE |
| 654106103 | NKE | NIKE INC CL B | $331,865 | 0.13% | 5,209 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP CL A | $324,336 | 0.13% | 2,400 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC COM | $301,829 | 0.12% | 1,097 | Common | SOLE |
| 81369Y704 | XLI | STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF | $272,701 | 0.11% | 1,758 | Common | SOLE |
| 097023105 | BA | BOEING CO COM | $272,486 | 0.11% | 1,255 | Common | SOLE |
| 02209S103 | MO | ALTRIA GROUP INC COM | $271,233 | 0.11% | 4,704 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS COM | $244,373 | 0.10% | 825 | Common | SOLE |
| 118440106 | BKE | BUCKLE INC COM | $218,755 | 0.09% | 4,095 | Common | SOLE |
| 624580106 | MOV | MOVADO GROUP INC COM | $215,025 | 0.09% | 10,428 | Common | SOLE |
| 03783C100 | APPF | APPFOLIO INC COM CL A | $209,385 | 0.09% | 900 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORPORATION COM | $208,649 | 0.08% | 1,369 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.