SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Marble Harbor Investment Counsel, LLC

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

Reported Value
$762M
Q3 2023
Positions
188
Filings on Record
30
2019–present window
Filed
Nov 9, 2023
original filing

Summary

Marble Harbor Investment Counsel, LLC reported $762M in U.S.-listed holdings across 188 positions for Q3 2023.

Its largest position, MSFT, represents 7.1% of the portfolio.

Compared with Q2 2023, the fund opened 9 new positions and exited 8.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+40.1%
share of reported value
Largest Position
+7.1%
Microsoft
New / Exited
9 / 8
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: 83.1%ETP: 6.8%REIT: 6.2%Closed-End Fund: 2.0%ADR: 1.0%Other: 0.9%
  • Common Stock · 83.1% · $633M
  • ETP · 6.8% · $52M
  • REIT · 6.2% · $47M
  • Closed-End Fund · 2.0% · $15M
  • ADR · 1.0% · $7M
  • Other · 0.9% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NDQINVESCO QQQ TRNEW+2.3K2.3K+$822,230$822,230
ISHARES TRNEW+1.5K1.5K+$376,519$376,519
VANGUARD WORLD FDSNEW+900900+$373,410$373,410
ISHARES TRNEW+4.9K4.9K+$314,092$314,092
GSGOLDMAN SACHS GROUP INCNEW+664664+$214,850$214,850
ISHARES TRNEW+2.2K2.2K+$207,678$207,678
ADBEADOBE INCNEW+405405+$206,510$206,510
ISHARES TRNEW+2.7K2.7K+$202,444$202,444

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

Holdings — Q3 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM7.06%$54M170.3K
2AAPLAPPLE INChistory →COM6.50%$50M289.1K
3ADPAUTOMATIC DATA PROCESSING INhistory →COM4.40%$34M139.3K
4ABBVABBVIE INChistory →COM3.97%$30M202.9K
5IRON MTN INC DELCOM3.60%$27M461.4K
6CSCOCISCO SYS INChistory →COM3.28%$25M465.3K
7PGPROCTER AND GAMBLE COhistory →COM3.27%$25M171.0K
8FISVFISERV INChistory →COM2.77%$21M186.8K
9ORLYOREILLY AUTOMOTIVE INChistory →COM2.64%$20M22.2K
10ABTABBOTT LABShistory →COM2.58%$20M202.6K
11HRHEALTHCARE RLTY TRhistory →CL A COM2.49%$19M1.24M
12EXMOCEXXON MOBIL CORPhistory →COM2.35%$18M152.2K
13IDXXIDEXX LABS INChistory →COM2.35%$18M40.9K
14PEPPEPSICO INChistory →COM2.04%$16M91.9K
15EBAEBAY INC.history →COM1.88%$14M324.5K
16VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF1.85%$14M360.0K
17DC4DEXCOM INChistory →COM1.76%$13M143.9K
18EOGEOG RES INChistory →COM1.59%$12M95.6K
19PHPARKER-HANNIFIN CORPhistory →COM1.54%$12M30.2K
20PFEPFIZER INChistory →COM1.53%$12M351.9K
21PGRPROGRESSIVE CORPhistory →COM1.37%$10M74.9K
22APDAIR PRODS & CHEMS INChistory →COM1.35%$10M36.2K
23KOCOCA COLA COhistory →COM1.29%$10M176.0K
24WBAWALGREENS BOOTS ALLIANCE INChistory →COM1.22%$9M417.5K
25PYPLPAYPAL HLDGS INChistory →COM1.20%$9M156.8K
26JNJJOHNSON & JOHNSONhistory →COM1.19%$9M58.1K
27WMTWALMART INChistory →COM1.14%$9M54.2K
28NTRSNORTHERN TR CORPhistory →COM1.09%$8M119.0K
29EATON VANCE FLTING RATE INCCOM1.00%$8M618.3K
30XEFRXEATON VANCE SR FLTNG RTE TRCOM0.98%$7M615.8K
31ECLECOLAB INCCOM0.97%$7M43.7K
32MRKMERCK & CO INCCOM0.96%$7M71.3K
33SYKSTRYKER CORPORATIONCOM0.94%$7M26.3K
34MCDMCDONALDS CORPCOM0.94%$7M27.1K
35BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.91%$7M19.7K
36VANGUARD INDEX FDSS&P 500 ETF SHS0.90%$7M17.4K
37DISDISNEY WALT COCOM0.89%$7M83.5K
38GENERAL ELECTRIC COCOM NEW0.88%$7M60.6K
39VANGUARD ADMIRAL FDS INCSMLLCP 600 IDX0.78%$6M67.8K
40CHVCHEVRON CORP NEWCOM0.68%$5M30.8K
41DHRDANAHER CORPORATIONCOM0.68%$5M20.8K
42EWEDWARDS LIFESCIENCES CORPCOM0.67%$5M73.9K
43WFCWELLS FARGO CO NEWCOM0.62%$5M115.9K
44SRCLEURSTERICYCLE INCCOM0.59%$4M100.6K
45EXPDEXPEDITORS INTL WASH INCCOM0.57%$4M37.9K
46BOHBANK HAWAII CORPCOM0.57%$4M87.3K
47EMREMERSON ELEC COCOM0.53%$4M41.5K
48LLYELI LILLY & COCOM0.45%$3M6.5K
49OGNORGANON & COCOMMON STOCK0.44%$3M194.6K
50SHELSHELL PLCSPON ADS0.40%$3M47.5K

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 ↗.