SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Marble Harbor Investment Counsel, LLC

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

Reported Value
$795M
Q2 2023
Positions
187
Filings on Record
30
2019–present window
Filed
Aug 10, 2023
original filing

Summary

Marble Harbor Investment Counsel, LLC reported $795M in U.S.-listed holdings across 187 positions for Q2 2023.

Its largest position, MSFT, represents 7.3% of the portfolio.

Compared with Q1 2023, the fund opened 5 new positions and exited 7.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+39.9%
share of reported value
Largest Position
+7.3%
Microsoft
New / Exited
5 / 7
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: 84.8%ETP: 6.6%REIT: 4.7%Closed-End Fund: 1.8%Other: 1.1%Other: 1.0%
  • Common Stock · 84.8% · $674M
  • ETP · 6.6% · $52M
  • REIT · 4.7% · $37M
  • Closed-End Fund · 1.8% · $15M
  • Other · 1.1% · $9M
  • Other · 1.0% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD WORLD FDSNEW+7.0K7.0K+$572,742$572,742
INVESCO EXCH TRADED FD TR IINEW+6.1K6.1K+$263,317$263,317
SNASNAP ON INCNEW+750750+$216,143$216,143
VVISA INCNEW+865865+$205,449$205,449
CHDCHURCH & DWIGHT CO INCNEW+2.0K2.0K+$200,460$200,460
INVESCO EXCH TRADED FD TR IIADDED+2.3K4.4K+$392,190$674,031
NDQINVESCO QQQ TRSOLD OUT−2.3K0−$723,697$0
ISHARES TRSOLD OUT−23.0K0−$549,010$0

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

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM7.32%$58M170.9K
2AAPLAPPLE INChistory →COM7.12%$57M291.9K
3ADPAUTOMATIC DATA PROCESSING INhistory →COM3.88%$31M140.1K
4ABBVABBVIE INChistory →COM3.46%$27M204.1K
5IRON MTN INC DELCOM3.34%$27M466.9K
6PGPROCTER AND GAMBLE COhistory →COM3.27%$26M171.1K
7CSCOCISCO SYS INChistory →COM3.04%$24M466.4K
8FISVFISERV INChistory →COM3.01%$24M189.9K
9ABTABBOTT LABShistory →COM2.79%$22M203.4K
10ORLYOREILLY AUTOMOTIVE INChistory →COM2.67%$21M22.2K
11IDXXIDEXX LABS INChistory →COM2.56%$20M40.5K
12DC4DEXCOM INChistory →COM2.31%$18M142.7K
13PEPPEPSICO INChistory →COM2.13%$17M91.3K
14WBAWALGREENS BOOTS ALLIANCE INChistory →COM2.03%$16M567.4K
15EXMOCEXXON MOBIL CORPhistory →COM2.02%$16M150.0K
16VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF1.85%$15M361.8K
17EBAEBAY INC.history →COM1.83%$15M325.8K
18PFEPFIZER INChistory →COM1.62%$13M350.4K
19PHPARKER-HANNIFIN CORPhistory →COM1.48%$12M30.1K
20EOGEOG RES INChistory →COM1.39%$11M96.6K
21APDAIR PRODS & CHEMS INChistory →COM1.37%$11M36.2K
22KOCOCA COLA COhistory →COM1.33%$11M175.5K
23HRHEALTHCARE RLTY TRhistory →CL A COM1.27%$10M533.2K
24PGRPROGRESSIVE CORPhistory →COM1.26%$10M75.9K
25PYPLPAYPAL HLDGS INChistory →COM1.26%$10M150.3K
26JNJJOHNSON & JOHNSONhistory →COM1.20%$10M57.6K
27NTRSNORTHERN TR CORPhistory →COM1.10%$9M117.6K
28WMTWALMART INChistory →COM1.08%$9M54.7K
29MRKMERCK & CO INChistory →COM1.04%$8M71.9K
30ECLECOLAB INChistory →COM1.03%$8M43.7K
31MCDMCDONALDS CORPhistory →COM1.03%$8M27.3K
32SYKSTRYKER CORPORATIONCOM0.99%$8M25.8K
33VANGUARD INDEX FDSS&P 500 ETF SHS0.91%$7M17.8K
34EATON VANCE FLTING RATE INCCOM0.90%$7M613.3K
35XEFRXEATON VANCE SR FLTNG RTE TRCOM0.90%$7M607.2K
36DISDISNEY WALT COCOM0.89%$7M79.3K
37BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.87%$7M20.2K
38EWEDWARDS LIFESCIENCES CORPCOM0.86%$7M72.7K
39GENERAL ELECTRIC COCOM NEW0.83%$7M60.2K
40VANGUARD ADMIRAL FDS INCSMLLCP 600 IDX0.78%$6M67.9K
41OGNORGANON & COCOMMON STOCK0.66%$5M252.2K
42WFCWELLS FARGO CO NEWCOM0.63%$5M117.4K
43DHRDANAHER CORPORATIONCOM0.62%$5M20.4K
44SRCLEURSTERICYCLE INCCOM0.61%$5M103.6K
45CHVCHEVRON CORP NEWCOM0.59%$5M29.9K
46EXPDEXPEDITORS INTL WASH INCCOM0.58%$5M37.9K
47TPRTAPESTRY INCCOM0.49%$4M91.3K
48EMREMERSON ELEC COCOM0.48%$4M42.0K
49BOHBANK HAWAII CORPCOM0.47%$4M91.3K
50DGEDDIAGEO PLCSPON ADR NEW0.41%$3M18.8K

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 ↗.