KCM INVESTMENT ADVISORS LLC's Q2 2026 13F: 25 new positions, 21 exits
Form 13F-HR for the quarter ended Jun 30, 2026 · filed Aug 14, 2026 · 400 reported positions · accession 0001941040-26-000602
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | EXXON MOBIL CORP (XOM) | 0.2% | — | −0.2 pts | −32,717 sh | −100% |
| Reduced | ABBOTT LABORATORIES (ABT) | 0.4% | 0.2% | −0.2 pts | −52,195 sh | −40% |
| Reduced | MCDONALDS CORP (MCD) | 0.8% | 0.5% | −0.3 pts | −15,472 sh | −20% |
| Increased | SELECT SECTOR SPDR TR (XLV) | 1.6% | 1.6% | +0.1 pts | +22,761 sh | +7% |
| Increased | SELECT SECTOR SPDR TR (XLY) | 1.8% | 1.8% | 0.0 pts | +30,662 sh | +6% |
| Reduced | APPLE INC (AAPL) | 7.1% | 7.1% | +0.1 pts | −9,176 sh | −1% |
| Reduced | ISHARES TR (SOXX) | 0.4% | 0.6% | +0.2 pts | −4,048 sh | −11% |
| Exited | BUILDERS FIRSTSOURCE INC (BLDR) | 0.1% | — | −0.1 pts | −22,140 sh | −100% |
| Reduced | SELECT SECTOR SPDR TR (XLI) | 1.5% | 1.5% | 0.0 pts | −9,818 sh | −4% |
| Reduced | KLA CORP (KLAC) | 0.7% | 1.3% | +0.6 pts | −5,953 sh | −4% |
| Exited | LIBERTY BROADBAND CORP (LBRDA) | 0.1% | — | −0.1 pts | −31,643 sh | −100% |
| Increased | VANECK ETF TRUST (SMH) | 0.3% | 0.5% | +0.2 pts | +2,269 sh | +10% |
| Increased | SPDR SERIES TRUST (XBI) | 0.0% | 0.1% | 0.0 pts | +9,346 sh | +265% |
| New |
HONEYWELL AEROSPACE INC (HONA)
new — newly listed security (e.g. spin-off)
|
— | 0.0% | 0.0 pts | +6,267 sh | new |
| Increased | SELECT SECTOR SPDR TR (XLK) | 5.9% | 7.7% | +1.7 pts | +7,252 sh | +1% |
| Increased | SELECT SECTOR SPDR TR (XLP) | 1.1% | 1.0% | −0.1 pts | +16,456 sh | +4% |
| Increased | VANGUARD WORLD FD (VCR) | 1.0% | 1.1% | 0.0 pts | +3,213 sh | +4% |
| New | ISHARES TR (IEFA) | — | 0.0% | 0.0 pts | +11,951 sh | new |
| Reduced | GENUINE PARTS CO (GPC) | 0.2% | 0.1% | 0.0 pts | −9,023 sh | −20% |
| Reduced | COSTCO WHOLESALE CORPORATION (COST) | 3.7% | 3.1% | −0.6 pts | −1,121 sh | −1% |
| Increased | MICROSOFT CORP (MSFT) | 3.6% | 3.2% | −0.3 pts | +2,810 sh | +1% |
| Reduced | AUTOMATIC DATA PROCESSING IN (ADP) | 1.0% | 0.9% | 0.0 pts | −4,570 sh | −3% |
| Increased | VANGUARD WORLD FD (VHT) | 0.5% | 0.5% | 0.0 pts | +3,414 sh | +6% |
| New | ECHOSTAR CORP (SATS) | — | 0.0% | 0.0 pts | +9,575 sh | new |
| Increased | VANGUARD WORLD FD (VFH) | 0.8% | 0.8% | 0.0 pts | +7,025 sh | +4% |
| Increased | VANECK ETF TRUST (NLR) | 0.4% | 0.3% | −0.1 pts | +7,890 sh | +9% |
| Reduced | ALPHABET INC (GOOGL) | 2.6% | 2.8% | +0.3 pts | −2,560 sh | −1% |
| Increased | JPMORGAN CHASE & CO (JPM) | 2.2% | 2.2% | 0.0 pts | +2,791 sh | +1% |
| Increased | ORACLE CORP (ORCL) | 0.1% | 0.1% | 0.0 pts | +5,938 sh | +29% |
| Increased | SELECT SECTOR SPDR TR (XLC) | 1.8% | 1.6% | −0.2 pts | +7,933 sh | +2% |
| Reduced | VANGUARD WORLD FD (VAW) | 0.3% | 0.3% | −0.1 pts | −3,630 sh | −9% |
| Reduced | ADOBE INC (ADBE) | 0.1% | 0.0% | 0.0 pts | −3,978 sh | −59% |
| Increased | VANGUARD WORLD FD (VOX) | 1.5% | 1.4% | −0.1 pts | +4,404 sh | +2% |
| Increased | VANGUARD WORLD FD (VGT) | 1.8% | 2.2% | +0.4 pts | +6,371 sh | +1% |
| Exited | ZIMMER BIOMET HOLDINGS INC (ZBH) | 0.0% | — | 0.0 pts | −7,275 sh | −100% |
| Reduced | INVESCO QQQ TR (QQQ) | 1.1% | 1.3% | +0.1 pts | −983 sh | −2% |
| Reduced | PROCTER & GAMBLE CO (PG) | 0.8% | 0.7% | −0.1 pts | −4,536 sh | −3% |
| Reduced | WASTE MGMT INC DEL (WM) | 1.4% | 1.2% | −0.2 pts | −2,864 sh | −2% |
| New | SIMON PPTY GROUP INC NEW (SPG) | — | 0.0% | 0.0 pts | +2,846 sh | new |
| Increased | VERTEX PHARMACEUTICALS INC (VRTX) | 0.0% | 0.0% | 0.0 pts | +1,279 sh | +105% |
| Increased | CVS HEALTH CORP (CVS) | 0.1% | 0.1% | 0.0 pts | +5,534 sh | +20% |
| Increased | SOUTHERN COPPER CORP (SCCO) | 0.5% | 0.5% | 0.0 pts | +3,234 sh | +4% |
| Increased | NVIDIA CORPORATION (NVDA) | 2.1% | 2.2% | +0.1 pts | +2,787 sh | +1% |
| Increased | CATERPILLAR INC (CAT) | 1.2% | 1.6% | +0.4 pts | +512 sh | +1% |
| Reduced | CORCEPT THERAPEUTICS INC (CORT) | 0.1% | 0.1% | 0.0 pts | −6,157 sh | −13% |
| Reduced | WELLS FARGO & CO (WFC) | 0.1% | 0.1% | 0.0 pts | −6,252 sh | −15% |
| Reduced | VANGUARD INDEX FDS (VTI) | 1.1% | 1.1% | 0.0 pts | −1,369 sh | −1% |
| Exited | MASIMO CORP (MASI) | 0.0% | — | 0.0 pts | −2,515 sh | −100% |
| New |
FEDEX FGHT HLDG CO INC (FDXF)
new — newly listed security (e.g. spin-off)
|
— | 0.0% | 0.0 pts | +3,309 sh | new |
| Reduced | OREILLY AUTOMOTIVE INC (ORLY) | 0.1% | 0.1% | 0.0 pts | −5,421 sh | −18% |
The 50 largest of 354 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- HONEYWELL INTL INC (HON): 438516106 → 438516205, 12,773 → 6,326 shares (share count change consistent with a stock split)
Top 10 positions — 34.8% of the equity book
Changes in the top 10 this quarter: VGT entered · CVX left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SELECT SECTOR SPDR TR (XLK) | 5.9% | 7.7% | |
| 2 | APPLE INC (AAPL) | 7.1% | 7.1% | |
| 3 | MICROSOFT CORP (MSFT) | 3.6% | 3.2% | |
| 4 | COSTCO WHOLESALE CORPORATION (COST) | 3.7% | 3.1% | |
| 5 | ALPHABET INC (GOOGL) | 2.6% | 2.8% | |
| 6 | AMAZON COM INC (AMZN) | 2.3% | 2.3% | |
| 7 | NVIDIA CORPORATION (NVDA) | 2.1% | 2.2% | |
| 8 | JPMORGAN CHASE & CO (JPM) | 2.2% | 2.2% | |
| 9 | VANGUARD WORLD FD (VGT) | 1.8% | 2.2% | Entered the top 10 |
| 10 | WALMART INC (WMT) | 2.3% | 1.9% | |
| — | CHEVRON CORPORATION (CVX) | 2.2% | 1.5% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).