SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Marble Harbor Investment Counsel, LLC

CIK 0001387130 · 101 FEDERAL STREET, SUITE 2920, BOSTON, MA, 02110 · 617-956-6710

Reported Value
$743M
Q4 2022
Positions
184
Filings on Record
30
2019–present window
Filed
Feb 10, 2023
original filing

Summary

Marble Harbor Investment Counsel, LLC reported $743M in U.S.-listed holdings across 184 positions for Q4 2022.

Its largest position, MSFT, represents 5.6% of the portfolio.

Compared with Q3 2022, the fund opened 18 new positions and exited 6.

Portfolio Metrics

Turnover
+1.1%
vs prior filed quarter
Top-10 Concentration
+37.4%
share of reported value
Largest Position
+5.6%
Microsoft
New / Exited
18 / 6
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: $501MQ4 ’18Q1 ’19: $562MQ2 ’19: $579MQ3 ’19: $563MQ4 ’19: $633MQ4 ’19Q1 ’20: $508MQ2 ’20: $575MQ3 ’20: $611MQ4 ’20: $680MQ4 ’20Q1 ’21: $731MQ2 ’21: $775MQ3 ’21: $743MQ4 ’21: $858MQ4 ’21Q1 ’22: $805MQ2 ’22: $656MQ3 ’22: $655MQ4 ’22: $743MQ4 ’22Q1 ’23: $772MQ2 ’23: $795MQ3 ’23: $762MQ4 ’23: $813MQ4 ’23Q1 ’24: $868MQ2 ’24: $850MQ3 ’24: $914MQ4 ’24: $907MQ4 ’24Q1 ’25: $888MQ2 ’25: $918MQ3 ’25: $955MQ4 ’25: $936MQ4 ’25Q1 ’26: $923Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 84.6%ETP: 6.9%REIT: 4.6%Closed-End Fund: 1.8%ADR: 1.1%Other: 1.1%
  • Common Stock · 84.6% · $628M
  • ETP · 6.9% · $51M
  • REIT · 4.6% · $34M
  • Closed-End Fund · 1.8% · $13M
  • ADR · 1.1% · $8M
  • Other · 1.1% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NDQINVESCO QQQ TRNEW+2.3K2.3K+$600,461$600,461
ISHARES TRNEW+23.0K23.0K+$526,470$526,470
CLXCLOROX CO DELNEW+2.6K2.6K+$364,858$364,858
CMICUMMINS INCNEW+1.3K1.3K+$314,977$314,977
HUBBHUBBELL INCNEW+1.3K1.3K+$303,207$303,207
AVALONBAY CMNTYS INCNEW+1.8K1.8K+$282,660$282,660
ISHARES INCNEW+11.6K11.6K+$279,792$279,792
ORCLORACLE CORPNEW+3.1K3.1K+$257,481$257,481

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

Holdings — Q4 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM5.56%$41M172.2K
2AAPLAPPLE INChistory →COM5.16%$38M294.8K
3ADPAUTOMATIC DATA PROCESSING INhistory →COM4.51%$34M140.4K
4ABBVABBVIE INChistory →COM4.47%$33M205.4K
5PGPROCTER AND GAMBLE COhistory →COM3.50%$26M171.6K
6IRON MTN INC DELCOM3.17%$24M471.6K
7ABTABBOTT LABShistory →COM3.00%$22M202.7K
8CSCOCISCO SYS INChistory →COM2.97%$22M463.7K
9FISVFISERV INChistory →COM2.56%$19M188.1K
10ORLYOREILLY AUTOMOTIVE INChistory →COM2.52%$19M22.2K
11PFEPFIZER INChistory →COM2.40%$18M347.4K
12EXMOCEXXON MOBIL CORPhistory →COM2.25%$17M151.2K
13PEPPEPSICO INChistory →COM2.22%$16M91.2K
14IDXXIDEXX LABS INChistory →COM2.22%$16M40.4K
15DC4DEXCOM INChistory →COM2.18%$16M142.7K
16WBAWALGREENS BOOTS ALLIANCE INChistory →COM1.94%$14M384.8K
17VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF1.91%$14M364.5K
18EBAEBAY INC.history →COM1.82%$13M325.4K
19EOGEOG RES INChistory →COM1.69%$13M96.7K
20BOHBANK HAWAII CORPhistory →COM1.69%$13M161.4K
21PGRPROGRESSIVE CORPhistory →COM1.50%$11M86.1K
22APDAIR PRODS & CHEMS INChistory →COM1.50%$11M36.1K
23KOCOCA COLA COhistory →COM1.49%$11M174.4K
24JNJJOHNSON & JOHNSONhistory →COM1.37%$10M57.7K
25NTRSNORTHERN TR CORPhistory →COM1.37%$10M114.8K
26PYPLPAYPAL HLDGS INChistory →COM1.35%$10M140.2K
27HRHEALTHCARE RLTY TRhistory →CL A COM1.34%$10M514.4K
28PHPARKER-HANNIFIN CORPhistory →COM1.18%$9M30.1K
29MRKMERCK & CO INChistory →COM1.07%$8M71.3K
30WMTWALMART INChistory →COM1.04%$8M54.6K
31OGNORGANON & COhistory →COMMON STOCK1.01%$7M267.3K
32MCDMCDONALDS CORPCOM0.97%$7M27.4K
33XEFRXEATON VANCE SR FLTNG RTE TRCOM0.91%$7M618.9K
34VANGUARD INDEX FDSS&P 500 ETF SHS0.87%$6M18.3K
35SYKSTRYKER CORPORATIONCOM0.86%$6M26.0K
36ECLECOLAB INCCOM0.85%$6M43.3K
37BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.84%$6M20.1K
38VANGUARD ADMIRAL FDS INCSMLLCP 600 IDX0.82%$6M35.3K
39EATON VANCE FLTING RATE INCCOM0.81%$6M544.2K
40EWEDWARDS LIFESCIENCES CORPCOM0.74%$5M73.3K
41DHRDANAHER CORPORATIONCOM0.73%$5M20.4K
42CHVCHEVRON CORP NEWCOM0.73%$5M30.1K
43GENERAL ELECTRIC COCOM NEW0.67%$5M59.4K
44SRCLEURSTERICYCLE INCCOM0.65%$5M97.4K
45WFCWELLS FARGO CO NEWCOM0.60%$4M108.2K
46EMREMERSON ELEC COCOM0.54%$4M41.4K
47EXPDEXPEDITORS INTL WASH INCCOM0.53%$4M37.9K
48DISDISNEY WALT COCOM0.50%$4M42.6K
49TPRTAPESTRY INCCOM0.46%$3M90.6K
50DGEDDIAGEO PLCSPON ADR NEW0.45%$3M18.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$923M192May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$936M185Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$955M189Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$918M203Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$888M206May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$907M206Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$914M210Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$850M204Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$868M204May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$813M197Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$762M188Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$795M187Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$772M189May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$743M184Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$655M172Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$656M180Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$805M189May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$858M195Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$743M189Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$775M195Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$731M188May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$680M181Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$611M164Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$575M162Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$508M149May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$633M162Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$563M145Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$579M149Aug 7, 201913F-HRchanges · EDGAR ↗
Q1 2019$562M146May 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$501M139Feb 7, 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 ↗.