Sterling Investment Counsel 13F annual report
Sterling Investment Counsel is an investment fund managing more than $254 billion ran by Christopher Marks. There are currently 124 companies in Mr. Marks’s portfolio. The largest investments include Ishares Tr and Invesco Exch Traded Fd Tr Ii, together worth $86.1 billion.
$254 billion Assets Under Management (AUM)
As of 18th July 2024, Sterling Investment Counsel’s top holding is 682,820 shares of Ishares Tr currently worth over $64.1 billion and making up 25.3% of the portfolio value.
In addition, the fund holds 111,606 shares of Invesco Exch Traded Fd Tr Ii worth $22 billion.
The third-largest holding is J P Morgan Exchange Traded F worth $19.3 billion and the next is Capital Group Intl Focus Eqt worth $15.3 billion, with 594,651 shares owned.
Currently, Sterling Investment Counsel's portfolio is worth at least $254 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Sterling Investment Counsel
The Sterling Investment Counsel office and employees reside in Buffalo, New York. According to the last 13-F report filed with the SEC, Christopher Marks serves as the CCO at Sterling Investment Counsel.
Recent trades
In the most recent 13F filing, Sterling Investment Counsel revealed that it had opened a new position in
Ishares Tr and bought 18,969 shares worth $1.91 billion.
The investment fund also strengthened its position in Invesco Exch Traded Fd Tr Ii by buying
49,850 additional shares.
This makes their stake in Invesco Exch Traded Fd Tr Ii total 111,606 shares worth $22 billion.
On the other hand, there are companies that Sterling Investment Counsel is getting rid of from its portfolio.
Sterling Investment Counsel closed its position in Sonoco Prods Co on 25th July 2024.
It sold the previously owned 5,460 shares for $316 million.
Christopher Marks also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $64.1 billion and 682,820 shares.
One of the smaller hedge funds
The two most similar investment funds to Sterling Investment Counsel are West Wealth and Legacy Financial Group, Inc. They manage $254 billion and $254 billion respectively.
Christopher Marks investment strategy
Sterling Investment Counsel’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 10.2% of
the total portfolio value.
The fund focuses on investments in the United States as
54.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
53% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $215 billion.
The complete list of Sterling Investment Counsel trades based on 13F SEC filings
These positions were updated on July 25th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
5.11%
682,820
|
$64,115,441,000 | 25.28% |
| Invesco Exch Traded Fd Tr Ii |
80.72%
111,606
|
$21,998,595,000 | 8.67% |
| J P Morgan Exchange Traded F |
3,944.91%
339,489
|
$19,266,026,000 | 7.60% |
| Capital Group Intl Focus Eqt |
3.68%
594,651
|
$15,294,423,000 | 6.03% |
| Apple Inc |
17.90%
67,259
|
$14,166,044,000 | 5.59% |
| Microsoft Corporation |
4.54%
15,488
|
$6,922,196,000 | 2.73% |
| Alphabet Inc |
0.55%
41,179
|
$7,513,293,000 | 2.96% |
| Ishares Inc |
0.09%
92,639
|
$5,484,220,000 | 2.16% |
| Amazon.com Inc. |
6.62%
25,293
|
$4,887,965,000 | 1.93% |
| Hartford Fds Exchange Traded |
18.03%
117,304
|
$4,539,670,000 | 1.79% |
| Berkshire Hathaway Inc. |
5.89%
10,807
|
$4,396,347,000 | 1.73% |
| NVIDIA Corp |
1,118.57%
28,551
|
$3,527,202,000 | 1.39% |
| JPMorgan Chase & Co. |
2.39%
15,164
|
$3,067,054,000 | 1.21% |
| Visa Inc |
1.75%
11,307
|
$2,967,748,000 | 1.17% |
| Coca-Cola Co |
2.16%
40,508
|
$2,578,359,000 | 1.02% |
| Meta Platforms Inc |
43.74%
4,693
|
$2,366,304,000 | 0.93% |
| Spdr S&p 500 Etf Tr |
6.67%
4,157
|
$2,262,513,000 | 0.89% |
| Walmart Inc |
9.07%
30,182
|
$2,043,623,000 | 0.81% |
| Ishares Tr |
Opened
18,969
|
$1,910,368,000 | 0.75% |
| Unitedhealth Group Inc |
0.85%
3,453
|
$1,758,672,000 | 0.69% |
| Disney Walt Co |
10.33%
16,547
|
$1,642,929,000 | 0.65% |
| Palo Alto Networks Inc |
0.63%
4,769
|
$1,616,739,000 | 0.64% |
| Costco Whsl Corp New |
6.23%
1,806
|
$1,535,011,000 | 0.61% |
| Ark Etf Tr |
1.66%
18,568
|
$1,448,861,000 | 0.57% |
| Select Sector Spdr Tr |
5.52%
27,933
|
$2,269,581,000 | 0.89% |
| Home Depot, Inc. |
2.41%
3,931
|
$1,353,149,000 | 0.53% |
| Cardinal Health, Inc. |
No change
13,064
|
$1,284,424,000 | 0.51% |
| Abbvie Inc |
6.52%
7,235
|
$1,240,947,000 | 0.49% |
| ServiceNow Inc |
3.83%
1,518
|
$1,194,165,000 | 0.47% |
| Global X Fds |
0.60%
65,735
|
$2,190,996,000 | 0.86% |
| Vanguard Index Fds |
26.46%
12,382
|
$2,703,074,000 | 1.07% |
| M & T Bk Corp |
370.12%
7,489
|
$1,133,605,000 | 0.45% |
| Prologis Inc |
1.40%
10,033
|
$1,126,806,000 | 0.44% |
| Thermo Fisher Scientific Inc. |
2.19%
1,962
|
$1,084,986,000 | 0.43% |
| Eli Lilly & Co |
0.17%
1,150
|
$1,041,187,000 | 0.41% |
| Mcdonalds Corp |
5.27%
3,992
|
$1,017,315,000 | 0.40% |
| Salesforce Inc |
4.66%
3,726
|
$957,961,000 | 0.38% |
| Tesla Inc |
1.82%
4,692
|
$928,531,000 | 0.37% |
| Pepsico Inc |
2.77%
5,519
|
$910,248,000 | 0.36% |
| Honeywell International Inc |
6.57%
4,225
|
$902,207,000 | 0.36% |
| Eaton Corp Plc |
3.08%
2,676
|
$839,060,000 | 0.33% |
| The Southern Co. |
2.38%
10,477
|
$812,681,000 | 0.32% |
| Spdr Ser Tr |
6.15%
29,618
|
$1,976,256,000 | 0.78% |
| Analog Devices Inc. |
0.65%
3,340
|
$762,388,000 | 0.30% |
| Merck & Co Inc |
5.73%
6,069
|
$751,394,000 | 0.30% |
| Cisco Sys Inc |
12.58%
15,230
|
$723,577,000 | 0.29% |
| Spdr Dow Jones Indl Average |
No change
1,845
|
$721,544,000 | 0.28% |
| Constellation Brands Inc |
4.21%
2,672
|
$687,452,000 | 0.27% |
| Parker-Hannifin Corp. |
3.60%
1,354
|
$684,867,000 | 0.27% |
| Johnson & Johnson |
3.31%
4,592
|
$671,220,000 | 0.26% |
| AMGEN Inc. |
27.18%
2,096
|
$654,895,000 | 0.26% |
| Procter And Gamble Co |
5.77%
3,905
|
$643,967,000 | 0.25% |
| Cintas Corporation |
12.84%
896
|
$627,433,000 | 0.25% |
| Blackrock Inc. |
15.62%
792
|
$623,557,000 | 0.25% |
| Stryker Corp. |
4.83%
1,800
|
$612,450,000 | 0.24% |
| Chevron Corp. |
5.70%
3,690
|
$577,190,000 | 0.23% |
| Applied Matls Inc |
1.04%
2,440
|
$575,826,000 | 0.23% |
| Tompkins Finl Corp |
No change
11,394
|
$557,167,000 | 0.22% |
| Cincinnati Finl Corp |
6.60%
4,455
|
$526,136,000 | 0.21% |
| Mastercard Incorporated |
37.31%
1,168
|
$515,275,000 | 0.20% |
| Lockheed Martin Corp. |
6.96%
1,056
|
$493,257,000 | 0.19% |
| Vanguard World Fd |
1.37%
5,022
|
$1,340,227,000 | 0.53% |
| Corning, Inc. |
1.24%
12,457
|
$483,936,000 | 0.19% |
| Deere & Co. |
1.43%
1,208
|
$451,428,000 | 0.18% |
| Mondelez International Inc. |
3.36%
6,755
|
$442,047,000 | 0.17% |
| United Parcel Service, Inc. |
0.53%
3,202
|
$438,201,000 | 0.17% |
| Gilead Sciences, Inc. |
33.73%
6,348
|
$435,541,000 | 0.17% |
| Exxon Mobil Corp. |
7.54%
3,650
|
$420,169,000 | 0.17% |
| International Paper Co. |
9.17%
9,601
|
$414,283,000 | 0.16% |
| Altria Group Inc. |
0.23%
9,081
|
$413,640,000 | 0.16% |
| Lowes Cos Inc |
12.20%
1,840
|
$405,646,000 | 0.16% |
| American Elec Pwr Co Inc |
Opened
4,421
|
$387,899,000 | 0.15% |
| American Wtr Wks Co Inc New |
78.78%
2,966
|
$383,088,000 | 0.15% |
| AT&T Inc. |
1.77%
19,913
|
$380,538,000 | 0.15% |
| Nike, Inc. |
2.42%
5,044
|
$380,166,000 | 0.15% |
| HCA Healthcare Inc |
7.98%
1,153
|
$370,435,000 | 0.15% |
| Trane Technologies plc |
9.11%
1,107
|
$364,126,000 | 0.14% |
| Adobe Inc |
10.04%
654
|
$363,323,000 | 0.14% |
| Fifth Third Bancorp |
14.03%
9,847
|
$359,317,000 | 0.14% |
| IQVIA Holdings Inc |
24.59%
1,677
|
$354,585,000 | 0.14% |
| Philip Morris International Inc |
5.58%
3,488
|
$353,439,000 | 0.14% |
| Vanguard Specialized Funds |
2.77%
1,932
|
$352,687,000 | 0.14% |
| National Fuel Gas Co. |
Opened
6,315
|
$342,210,000 | 0.13% |
| Wisdomtree Tr |
No change
10,748
|
$334,800,000 | 0.13% |
| Novo-nordisk A S |
Opened
2,307
|
$329,301,000 | 0.13% |
| Us Bancorp Del |
7.91%
8,274
|
$328,478,000 | 0.13% |
| Verizon Communications Inc |
10.89%
7,961
|
$328,312,000 | 0.13% |
| Duke Energy Corp. |
16.82%
3,263
|
$327,051,000 | 0.13% |
| Entergy Corp. |
13.40%
3,044
|
$325,708,000 | 0.13% |
| Sonoco Prods Co |
Closed
5,460
|
$315,806,000 | |
| Williams Cos Inc |
14.86%
7,288
|
$309,740,000 | 0.12% |
| Citizens Finl Group Inc |
14.57%
8,464
|
$304,958,000 | 0.12% |
| Brookfield Infrast Partners |
Closed
9,306
|
$290,440,000 | |
| International Business Machs |
20.97%
1,673
|
$289,345,000 | 0.11% |
| Paychex Inc. |
No change
2,430
|
$288,101,000 | 0.11% |
| Linde Plc. |
12.44%
651
|
$285,665,000 | 0.11% |
| Marathon Pete Corp |
6.69%
1,605
|
$278,436,000 | 0.11% |
| Metlife Inc |
15.23%
3,963
|
$278,163,000 | 0.11% |
| Graham Hldgs Co |
0.26%
392
|
$274,033,000 | 0.11% |
| MercadoLibre Inc |
19.57%
165
|
$271,161,000 | 0.11% |
| Public Svc Enterprise Grp In |
9.57%
3,602
|
$265,468,000 | 0.10% |
| Hartford Finl Svcs Group Inc |
9.91%
2,635
|
$264,923,000 | 0.10% |
| Emerson Elec Co |
Closed
2,305
|
$261,433,000 | |
| Proshares Tr |
106.31%
4,415
|
$258,211,000 | 0.10% |
| Grayscale Bitcoin Tr Btc |
0.21%
4,833
|
$257,309,000 | 0.10% |
| Asml Holding N V |
7.75%
250
|
$255,682,000 | 0.10% |
| Lyondellbasell Industries N |
7.75%
2,606
|
$249,290,000 | 0.10% |
| Zoetis Inc |
No change
1,428
|
$247,558,000 | 0.10% |
| Caterpillar Inc. |
No change
739
|
$246,173,000 | 0.10% |
| Bank America Corp |
10.44%
6,142
|
$244,268,000 | 0.10% |
| Vanguard Charlotte Fds |
2.36%
4,902
|
$238,581,000 | 0.09% |
| General Mls Inc |
4.04%
3,682
|
$232,924,000 | 0.09% |
| Roper Technologies Inc |
Closed
406
|
$227,701,000 | |
| Anheuser-Busch InBev SA/NV |
Closed
3,720
|
$226,101,000 | |
| T-Mobile US Inc |
19.27%
1,282
|
$225,863,000 | 0.09% |
| Eversource Energy |
10.46%
3,910
|
$221,736,000 | 0.09% |
| Fidelity Covington Trust |
Opened
1,292
|
$221,600,000 | 0.09% |
| Genuine Parts Co. |
Closed
1,429
|
$221,395,000 | |
| Citigroup Inc |
Closed
3,470
|
$219,443,000 | |
| CSX Corp. |
Closed
5,872
|
$217,675,000 | |
| Nxp Semiconductors N V |
Opened
804
|
$216,349,000 | 0.09% |
| Regions Financial Corp. |
Closed
10,195
|
$214,503,000 | |
| Equifax, Inc. |
Closed
800
|
$214,016,000 | |
| Uber Technologies Inc |
1.38%
2,940
|
$213,679,000 | 0.08% |
| Ishares Tr |
Closed
780
|
$211,224,000 | |
| CME Group Inc |
Closed
980
|
$210,984,000 | |
| Quanta Svcs Inc |
Opened
827
|
$210,132,000 | 0.08% |
| Fidelity National Financial Inc |
9.09%
4,232
|
$209,145,000 | 0.08% |
| Ares Capital Corp |
43.40%
9,978
|
$207,942,000 | 0.08% |
| Northrop Grumman Corp. |
9.77%
471
|
$205,332,000 | 0.08% |
| Spdr Gold Tr |
Opened
953
|
$204,905,000 | 0.08% |
| Firstenergy Corp. |
Closed
5,270
|
$203,527,000 | |
| Dominion Energy Inc |
21.26%
4,101
|
$200,949,000 | 0.08% |
| Starbucks Corp. |
62.29%
2,577
|
$200,627,000 | 0.08% |
| Automatic Data Processing In |
No change
840
|
$200,422,000 | 0.08% |
| Ford Mtr Co Del |
8.38%
14,476
|
$181,529,000 | 0.07% |
| Purple Innovation Inc |
No change
80,682
|
$83,909,000 | 0.03% |
| Nikola Corporation |
Closed
14,062
|
$14,624,000 | |
| Velo3d Inc |
Closed
30,000
|
$13,668,000 | |
| No transactions found | |||
| Showing first 500 out of 139 holdings | |||
Hedge funds similar to Sterling Investment Counsel
- Stableford Capital Ii
- Sectoral Asset Management Inc
- Able
- Windham Capital Management
- Hilltop Partners
- Highlander Capital Management
- Legacy Financial Group, Inc
- West Wealth
- Schiavi & Co
- Ruedi Wealth Management
- Aft, Forsyth & Sober
- Silver Heights Capital Management Inc
- Phraction Management
- Notis-mcconarty Edward