SEC 13F Intelligence

Managers / Q3 2024 · view latest →

CLIFFORD SWAN INVESTMENT COUNSEL LLC

CIK 0001034642 · 177 E. COLORADO BLVD, SUITE 550, PASADENA, CA, 91105 · 6267922228

Reported Value
$2.8B
Q3 2024
Positions
338
Filings on Record
30
2019–present window
Filed
Nov 14, 2024
original filing

Summary

Clifford Swan Investment Counsel LLC reported $2.8B in U.S.-listed holdings across 338 positions for Q3 2024.

Its largest position, AAPL, represents 5.8% of the portfolio.

Compared with Q2 2024, the fund opened 13 new positions and exited 4.

Portfolio Metrics

Turnover
+3.3%
vs prior filed quarter
Top-10 Concentration
+31.6%
share of reported value
Largest Position
+5.8%
Apple
New / Exited
13 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.6BQ4 ’18Q1 ’19: $1.9BQ2 ’19: $1.9BQ3 ’19: $1.9BQ4 ’19: $2.1BQ4 ’19Q1 ’20: $1.6BQ2 ’20: $1.9BQ3 ’20: $2.1BQ4 ’20: $2.3BQ4 ’20Q1 ’21: $2.4BQ2 ’21: $2.6BQ3 ’21: $2.7BQ4 ’21: $2.9BQ4 ’21Q1 ’22: $2.7BQ2 ’22: $2.3BQ3 ’22: $2.1BQ4 ’22: $2.3BQ4 ’22Q1 ’23: $2.4BQ2 ’23: $2.5BQ3 ’23: $2.4BQ4 ’23: $2.6BQ4 ’23Q1 ’24: $2.7BQ2 ’24: $2.7BQ3 ’24: $2.8BQ4 ’24: $2.8BQ4 ’24Q1 ’25: $2.7BQ2 ’25: $2.8BQ3 ’25: $3.0BQ4 ’25: $3.0BQ4 ’25Q1 ’26: $2.9Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.6%ETP: 4.4%Other: 3.6%ADR: 1.5%REIT: 0.6%Other: 0.2%
  • Common Stock · 89.6% · $2.5B
  • ETP · 4.4% · $124M
  • Other · 3.6% · $102M
  • ADR · 1.5% · $44M
  • REIT · 0.6% · $18M
  • Other · 0.2% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LHLABCORP HOLDINGS INCNEW+96.4K96.4K+$22M$22M
AON PLCNEW+11.4K11.4K+$4M$4M
FERGFERGUSON ENTERPRISES INCNEW+15.9K15.9K+$3M$3M
AMTMAMENTUM HOLDINGS INCNEW+55.5K55.5K+$2M$2M
AEEAMEREN CORPNEW+2.8K2.8K+$240,515$240,515
LPXLOUISIANA PAC CORPNEW+2.2K2.2K+$234,693$234,693
PEOEXELON CORPNEW+5.7K5.7K+$232,068$232,068
DTEDTE ENERGY CONEW+1.8K1.8K+$231,138$231,138

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2024

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.81%$164M703.6K
2MSFTMICROSOFT CORPhistory →COM4.69%$132M307.1K
3UPSUNITED PARCEL SERVICE INChistory →CL B4.20%$118M868.1K
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.49%$98M592.5K
5COSTCOSTCO WHSL CORP NEWhistory →COM3.45%$97M109.9K
6BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW2.92%$82M178.8K
7ACCENTURE PLC IRELANDSHS CLASS A2.15%$61M171.8K
8ANETEURARISTA NETWORKS INChistory →COM2.14%$60M157.6K
9LOWLOWES COS INChistory →COM2.02%$57M210.9K
10CHVCHEVRON CORP NEWhistory →COM1.72%$49M329.3K
11ORCLORACLE CORPhistory →COM1.64%$46M270.9K
12JPMJPMORGAN CHASE & CO.history →COM1.52%$43M203.4K
13TSCOTRACTOR SUPPLY COhistory →COM1.41%$40M137.0K
14JNJJOHNSON & JOHNSONhistory →COM1.39%$39M242.8K
15EXMOCEXXON MOBIL CORPhistory →COM1.32%$37M318.4K
16ALSNALLISON TRANSMISSION HLDGS Ihistory →COM1.29%$36M379.7K
17AMZNAMAZON COM INChistory →COM1.18%$33M179.3K
18FASTFASTENAL COhistory →COM1.12%$32M442.6K
19WFCWELLS FARGO CO NEWhistory →COM1.11%$31M554.0K
20AXPAMERICAN EXPRESS COhistory →COM1.10%$31M114.9K
21ABBVABBVIE INChistory →COM1.10%$31M156.9K
22QCOMQUALCOMM INChistory →COM1.09%$31M180.7K
23UNHUNITEDHEALTH GROUP INChistory →COM1.08%$30M52.0K
24SYKSTRYKER CORPORATIONhistory →COM1.08%$30M84.0K
25CTVACORTEVA INChistory →COM1.07%$30M512.3K
26EMREMERSON ELEC COhistory →COM1.04%$29M268.3K
27INTUINTUIThistory →COM0.98%$28M44.4K
287HPHP INChistory →COM0.98%$28M767.5K
29PGPROCTER AND GAMBLE COhistory →COM0.95%$27M155.4K
30RTXRTX CORPORATIONhistory →COM0.94%$27M219.7K
31MCDMCDONALDS CORPhistory →COM0.93%$26M86.0K
32ABTABBOTT LABShistory →COM0.88%$25M217.8K
33JOHNSON CTLS INTL PLCSHS0.86%$24M311.5K
34DWDPEURDUPONT DE NEMOURS INChistory →COM0.85%$24M270.6K
35BMYBRISTOL-MYERS SQUIBB COhistory →COM0.84%$24M456.8K
36NVONOVO-NORDISK A Shistory →ADR0.82%$23M193.8K
37IFFINTERNATIONAL FLAVORS&FRAGRAhistory →COM0.78%$22M210.7K
38AG8AGILENT TECHNOLOGIES INChistory →COM0.77%$22M145.7K
39LHLABCORP HOLDINGS INChistory →COM SHS0.76%$22M96.3K
40GQ9SPDR GOLD TRhistory →GOLD SHS0.76%$22M88.5K
41CSCOCISCO SYS INChistory →COM0.76%$21M403.8K
42MCKMCKESSON CORPhistory →COM0.75%$21M42.8K
43BKNGBOOKING HOLDINGS INChistory →COM0.70%$20M4.7K
44INTCINTEL CORPhistory →COM0.67%$19M804.3K
45PEPPEPSICO INChistory →COM0.66%$19M109.1K
46SLBSCHLUMBERGER LTDhistory →COM STK0.65%$18M439.4K
47SBUXSTARBUCKS CORPhistory →COM0.64%$18M185.8K
48MDLZMONDELEZ INTL INChistory →CL A0.64%$18M243.3K
49METAMETA PLATFORMS INChistory →CL A0.63%$18M31.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.9B401May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.0B392Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.0B390Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.8B387Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.7B384May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.8B306Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.8B338Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.7B321Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.7B325Apr 17, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.6B313Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.4B299Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.5B300Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.4B295May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.3B304Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.1B308Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.3B317Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.7B322May 3, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.9B338Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.7B329Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.6B322Aug 5, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.4B322May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.3B323Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.1B316Oct 30, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.9B309Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.6B300Apr 9, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.1B320Jan 30, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.9B314Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.9B318Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.9B308May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.6B297Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.