SFE Investment Counsel's Q3 2023 13F: 6 new positions, 2 exits
Form 13F-HR for the quarter ended Sep 30, 2023 · filed Oct 25, 2023 · 117 reported positions · accession 0001085146-23-003913
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | INVESCO EXCH TRD SLF IDX FD (BSJR) | — | 1.3% | +1.3 pts | +209K sh | new |
| Reduced | BRISTOL-MYERS SQUIBB CO (BMY) | 2.0% | 1.1% | −0.9 pts | −44,624 sh | −40% |
| Reduced | NVIDIA CORPORATION (NVDA) | 3.3% | 3.0% | −0.3 pts | −3,501 sh | −13% |
| New | UNITED RENTALS INC (URI) | — | 0.4% | +0.4 pts | +3,067 sh | new |
| Increased | NEXTERA ENERGY INC (NEE) | 1.2% | 1.4% | +0.1 pts | +22,555 sh | +38% |
| Increased | CVS HEALTH CORP (CVS) | 0.9% | 1.2% | +0.3 pts | +14,861 sh | +33% |
| Increased | INVESCO EXCH TRD SLF IDX FD (BSJS) | 0.7% | 0.9% | +0.3 pts | +46,127 sh | +41% |
| New | XYLEM INC (XYL) | — | 0.3% | +0.3 pts | +10,380 sh | new |
| Reduced | BROADCOM INC (AVGO) | 2.8% | 2.5% | −0.3 pts | −965 sh | −8% |
| Exited | VMWARE INC (VMW) | 0.2% | — | −0.2 pts | −5,218 sh | −100% |
| Increased | HANNON ARMSTRONG SUST INFR C (HASI) | 0.6% | 0.7% | +0.1 pts | +31,817 sh | +37% |
| Reduced | INVESCO EXCH TRD SLF IDX FD (BSJN) | 0.3% | 0.1% | −0.2 pts | −28,641 sh | −61% |
| Reduced | THOR INDS INC (THO) | 1.0% | 0.8% | −0.2 pts | −6,742 sh | −20% |
| Reduced | FISERV INC (FISV) | 1.4% | 1.2% | −0.3 pts | −4,469 sh | −11% |
| Reduced | PINNACLE WEST CAP CORP (PNW) | 0.4% | 0.3% | −0.2 pts | −5,855 sh | −30% |
| Reduced | TAKE-TWO INTERACTIVE SOFTWAR (TTWO) | 0.5% | 0.4% | −0.1 pts | −2,892 sh | −23% |
| Reduced | TARGET CORP (TGT) | 0.3% | 0.2% | −0.2 pts | −3,420 sh | −42% |
| Increased | CORTEVA INC (CTVA) | 0.2% | 0.3% | +0.1 pts | +7,380 sh | +68% |
| Reduced | APPLE INC (AAPL) | 4.8% | 4.3% | −0.6 pts | −2,183 sh | −2% |
| Increased | US BANCORP DEL (USB) | 1.7% | 1.8% | +0.2 pts | +11,282 sh | +6% |
| Reduced | FEDEX CORP (FDX) | 1.3% | 1.3% | 0.0 pts | −1,351 sh | −8% |
| Increased | INTERNATIONAL BUSINESS MACHS (IBM) | 1.2% | 1.4% | +0.2 pts | +2,544 sh | +8% |
| Increased | CISCO SYS INC (CSCO) | 0.6% | 0.8% | +0.1 pts | +6,420 sh | +15% |
| Increased | WILLIAMS SONOMA INC (WSM) | 1.2% | 1.6% | +0.4 pts | +2,174 sh | +7% |
| New | ISHARES TR (IYJ) | — | 0.1% | +0.1 pts | +3,337 sh | new |
| Increased | DANAHER CORPORATION (DHR) | 0.5% | 0.7% | +0.1 pts | +1,250 sh | +16% |
| Reduced | PALO ALTO NETWORKS INC (PANW) | 3.1% | 2.8% | −0.3 pts | −1,301 sh | −3% |
| Increased | PRUDENTIAL FINL INC (PRU) | 1.0% | 1.2% | +0.2 pts | +3,187 sh | +8% |
| Increased | JACOBS SOLUTIONS INC (J) | 0.9% | 1.2% | +0.3 pts | +2,138 sh | +8% |
| Increased | INVESCO EXCH TRD SLF IDX FD (BSCR) | 0.5% | 0.6% | +0.1 pts | +14,776 sh | +15% |
| Increased | DEERE & CO (DE) | 0.3% | 0.3% | +0.1 pts | +674 sh | +30% |
| Increased | INVESCO EXCH TRADED FD TR II (EQAL) | 0.4% | 0.4% | +0.1 pts | +6,206 sh | +20% |
| New | CHEWY INC (CHWY) | — | 0.1% | +0.1 pts | +13,285 sh | new |
| Increased | MICROSOFT CORP (MSFT) | 1.3% | 1.3% | 0.0 pts | +747 sh | +6% |
| Increased | PFIZER INC (PFE) | 1.2% | 1.2% | 0.0 pts | +7,065 sh | +6% |
| Increased | FORD MTR CO DEL (F) | 1.6% | 1.5% | −0.2 pts | +18,632 sh | +5% |
| Increased | ZOETIS INC (ZTS) | 0.7% | 0.8% | +0.1 pts | +1,292 sh | +9% |
| New | TESLA INC (TSLA) | — | 0.1% | +0.1 pts | +888 sh | new |
| Reduced | INVESCO EXCH TRD SLF IDX FD (BSJO) | 1.8% | 1.8% | 0.0 pts | −9,363 sh | −3% |
| Reduced | EATON CORP PLC (ETN) | 0.7% | 0.7% | 0.0 pts | −868 sh | −7% |
| Increased | HONEYWELL INTL INC (HON) | 1.0% | 1.0% | 0.0 pts | +975 sh | +6% |
| Increased | CLEVELAND-CLIFFS INC NEW (CLF) | 3.5% | 3.4% | −0.1 pts | +10,824 sh | +1% |
| Increased | COSTCO WHSL CORP NEW (COST) | 1.7% | 1.9% | +0.2 pts | +299 sh | +3% |
| Reduced | AMAZON COM INC (AMZN) | 2.2% | 2.2% | 0.0 pts | −1,294 sh | −2% |
| Reduced | ALPHABET INC (GOOG) | 1.4% | 1.5% | +0.1 pts | −1,024 sh | −3% |
| Reduced | QUANTA SVCS INC (PWR) | 0.6% | 0.5% | −0.1 pts | −710 sh | −7% |
| Reduced | JPMORGAN CHASE & CO (JPM) | 3.1% | 3.1% | 0.0 pts | −896 sh | −1% |
| Increased | QUALCOMM INC (QCOM) | 3.2% | 3.1% | −0.1 pts | +1,078 sh | +1% |
| Increased | JOHNSON & JOHNSON (JNJ) | 0.8% | 0.8% | 0.0 pts | +760 sh | +4% |
| Reduced | BECTON DICKINSON & CO (BDX) | 2.1% | 2.0% | 0.0 pts | −456 sh | −2% |
The 50 largest of 111 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
Top 10 positions — 30.0% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 4.8% | 4.3% | |
| 2 | CLEVELAND-CLIFFS INC NEW (CLF) | 3.5% | 3.4% | |
| 3 | QUALCOMM INC (QCOM) | 3.2% | 3.1% | |
| 4 | JPMORGAN CHASE & CO (JPM) | 3.1% | 3.1% | |
| 5 | NVIDIA CORPORATION (NVDA) | 3.3% | 3.0% | |
| 6 | ONEOK INC NEW (OKE) | 2.8% | 2.9% | |
| 7 | PALO ALTO NETWORKS INC (PANW) | 3.1% | 2.8% | |
| 8 | LOWES COS INC (LOW) | 2.7% | 2.5% | |
| 9 | BROADCOM INC (AVGO) | 2.8% | 2.5% | |
| 10 | AMAZON COM INC (AMZN) | 2.2% | 2.2% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).