Q4 2025 · 13F-HR
Marble Harbor Investment Counsel, LLCholdings as filed
Filed 2026-02-06 · accession 0001420506-26-000187
$935.5M
Reported value
185
Positions
2025-12-31
Period end
The Brief · Marble Harbor Investment Counsel, LLC · Q4 2025
AI · grounded in 13F
Marble Harbor Investment Counsel, LLC closed its position in Tapestry Inc TPR, reducing its exposure by $6.79M. The fund significantly increased its stake in Nike Inc NKE by 118.76% and Fiserv Inc FISV by 49.22%. Additionally, the manager accumulated shares of Eli Lilly & Co LLY by 7.76% while trimming positions in Alphabet Inc GOOGL and Microsoft Corp MSFT.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | MICROSOFT CORP | $70.4M | 7.53% | 145,634 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $66.8M | 7.15% | 245,881 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $41.7M | 4.45% | 182,302 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $34.9M | 3.73% | 452,909 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $32.6M | 3.48% | 126,561 | Common | SOLE |
| 278642103 | EBAY | EBAY INC. | $27.3M | 2.92% | 313,143 | Common | SOLE |
| 46284V101 | IRM | IRON MTN INC DEL | $26.0M | 2.78% | 314,020 | Common | SOLE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $25.9M | 2.77% | 283,746 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $25.1M | 2.68% | 28,519 | Common | SOLE |
| 45168D104 | IDXX | IDEXX LABS INC | $24.7M | 2.64% | 36,520 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $24.3M | 2.60% | 194,102 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $23.1M | 2.47% | 161,173 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $20.8M | 2.23% | 387,782 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $18.7M | 2.00% | 60,616 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $16.9M | 1.81% | 251,988 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $16.7M | 1.78% | 138,673 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $16.3M | 1.75% | 146,610 | Common | SOLE |
| 665859104 | NTRS | NORTHERN TR CORP | $16.3M | 1.74% | 119,336 | Common | SOLE |
| 42226K105 | HR | HEALTHCARE RLTY TR | $15.6M | 1.67% | 918,982 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $15.5M | 1.66% | 68,157 | Common | SOLE |
| 26875P101 | EOG | EOG RES INC | $12.5M | 1.33% | 118,629 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $12.3M | 1.31% | 175,234 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $12.1M | 1.30% | 130,204 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $12.0M | 1.28% | 38,298 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $11.7M | 1.25% | 81,548 | Common | SOLE |
| 278865100 | ECL | ECOLAB INC | $11.3M | 1.21% | 43,212 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $11.2M | 1.19% | 53,972 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $11.1M | 1.19% | 445,948 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $11.1M | 1.18% | 189,278 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $10.8M | 1.15% | 94,838 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $9.8M | 1.05% | 15,646 | Common | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $9.8M | 1.04% | 27,786 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $9.6M | 1.03% | 19,159 | Common | SOLE |
| 921932828 | VIOO | VANGUARD ADMIRAL FDS INC | $9.0M | 0.97% | 81,549 | Common | SOLE |
| 252131107 | DXCM | DEXCOM INC | $8.2M | 0.88% | 123,572 | Common | SOLE |
| 74275K108 | PCOR | PROCORE TECHNOLOGIES INC | $7.9M | 0.85% | 108,689 | Common | SOLE |
| 062540109 | BOH | BANK HAWAII CORP | $7.7M | 0.82% | 112,199 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $7.5M | 0.80% | 24,552 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $7.1M | 0.76% | 67,506 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $6.7M | 0.72% | 10,242 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $6.5M | 0.70% | 34,971 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $6.4M | 0.68% | 20,417 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $5.5M | 0.59% | 23,982 | Common | SOLE |
| 302130109 | EXPD | EXPEDITORS INTL WASH INC | $5.1M | 0.55% | 34,532 | Common | SOLE |
| 28176E108 | EW | EDWARDS LIFESCIENCES CORP | $5.1M | 0.54% | 59,741 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $5.0M | 0.54% | 32,957 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $5.0M | 0.53% | 37,498 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $4.9M | 0.52% | 26,691 | Common | SOLE |
| 98149E303 | GLDM | WORLD GOLD TR | $4.6M | 0.49% | 53,400 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $4.5M | 0.48% | 4,164 | Common | SOLE |
| 922908611 | VBR | VANGUARD INDEX FDS | $4.4M | 0.47% | 20,944 | Common | SOLE |
| H1467J104 | CB | CHUBB LIMITED | $4.0M | 0.42% | 12,691 | Common | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP | $4.0M | 0.42% | 23,100 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $3.9M | 0.42% | 12,018 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $3.8M | 0.41% | 60,005 | Common | SOLE |
| 003264108 | SIVR | ABRDN SILVER ETF TRUST | $3.8M | 0.40% | 55,600 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $3.5M | 0.37% | 10,874 | Common | SOLE |
| 922908751 | VB | VANGUARD INDEX FDS | $3.1M | 0.33% | 11,994 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $3.1M | 0.33% | 8,356 | Common | SOLE |
| 009158106 | APD | AIR PRODS & CHEMS INC | $3.0M | 0.32% | 12,300 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $2.9M | 0.31% | 40,100 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $2.8M | 0.30% | 32,418 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $2.6M | 0.28% | 7,554 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $2.6M | 0.28% | 11,132 | Common | SOLE |
| G87052109 | TEL | TE CONNECTIVITY PLC | $2.5M | 0.27% | 11,046 | Common | SOLE |
| 00326A104 | SGOL | ETFS GOLD TR | $2.2M | 0.24% | 54,600 | Common | SOLE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $2.2M | 0.23% | 24,500 | Common | SOLE |
| 921932885 | IVOO | VANGUARD ADMIRAL FDS INC | $2.0M | 0.21% | 17,750 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $2.0M | 0.21% | 8,450 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $1.9M | 0.20% | 3,347 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $1.8M | 0.19% | 6,067 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $1.7M | 0.18% | 1,980 | Common | SOLE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $1.7M | 0.18% | 7,638 | Common | SOLE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $1.6M | 0.17% | 2,700 | Common | SOLE |
| 46138G649 | QQQM | INVESCO EXCH TRADED FD TR II | $1.5M | 0.16% | 5,801 | Common | SOLE |
| 92206C664 | VTWO | VANGUARD SCOTTSDALE FDS | $1.4M | 0.15% | 14,165 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $1.4M | 0.15% | 11,958 | Common | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $1.4M | 0.15% | 17,018 | Common | SOLE |
| 464287234 | EEM | ISHARES TR | $1.3M | 0.14% | 23,800 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $1.3M | 0.14% | 1,887 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $1.3M | 0.14% | 16,049 | Common | SOLE |
| G0403H108 | AON | AON PLC | $1.1M | 0.12% | 3,110 | Common | SOLE |
| 34959J108 | FTV | FORTIVE CORP | $934,043 | 0.10% | 16,918 | Common | SOLE |
| 92204A405 | VFH | VANGUARD WORLD FD | $914,407 | 0.10% | 6,850 | Common | SOLE |
| 922042676 | VNQI | VANGUARD INTL EQUITY INDEX F | $864,084 | 0.09% | 18,850 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $853,473 | 0.09% | 5,006 | Common | SOLE |
| 92338C103 | VLTO | VERALTO CORP | $844,937 | 0.09% | 8,468 | Common | SOLE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $804,566 | 0.09% | 1,411 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $789,048 | 0.08% | 9,370 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $788,901 | 0.08% | 14,930 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $772,317 | 0.08% | 20,930 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $711,511 | 0.08% | 2,174 | Common | SOLE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $700,326 | 0.07% | 1,800 | Common | SOLE |
| 92204A702 | VGT | VANGUARD WORLD FD | $697,247 | 0.07% | 925 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $682,017 | 0.07% | 12,400 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON & CO | $675,364 | 0.07% | 3,480 | Common | SOLE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $664,925 | 0.07% | 500 | Common | SOLE |
| 45259A803 | RSMC | TIDAL TRUST III | $657,485 | 0.07% | 26,039 | Common | SOLE |
| 890516107 | TR | TOOTSIE ROLL INDS INC | $644,981 | 0.07% | 17,608 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $642,549 | 0.07% | 731 | Common | SOLE |
| 464286319 | DVYE | ISHARES INC | $635,664 | 0.07% | 20,400 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $633,188 | 0.07% | 2,360 | Common | SOLE |
| 097023105 | BA | BOEING CO | $629,648 | 0.07% | 2,900 | Common | SOLE |
| 452308109 | ITW | ILLINOIS TOOL WKS INC | $628,065 | 0.07% | 2,550 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $620,241 | 0.07% | 2,823 | Common | SOLE |
| 446150104 | HBAN | HUNTINGTON BANCSHARES INC | $619,204 | 0.07% | 35,689 | Common | SOLE |
| 68902V107 | OTIS | OTIS WORLDWIDE CORP | $613,110 | 0.07% | 7,019 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $592,163 | 0.06% | 2,050 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $587,885 | 0.06% | 2,680 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $576,571 | 0.06% | 2,126 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $562,708 | 0.06% | 916 | Common | SOLE |
| 842587107 | SO | SOUTHERN CO | $557,823 | 0.06% | 6,397 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $552,257 | 0.06% | 3,443 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $539,991 | 0.06% | 1,823 | Common | SOLE |
| 436440101 | HO1 | HOLOGIC INC | $539,457 | 0.06% | 7,242 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $519,923 | 0.06% | 763 | Common | SOLE |
| 443510607 | HUBB | HUBBELL INC | $519,609 | 0.06% | 1,170 | Common | SOLE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $515,103 | 0.06% | 10,300 | Common | SOLE |
| 142339100 | CSL | CARLISLE COS INC | $511,776 | 0.05% | 1,600 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $510,729 | 0.05% | 10,678 | Common | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $500,108 | 0.05% | 5,309 | Common | SOLE |
| 433323102 | HIFS | HINGHAM INSTN SVGS MASS | $498,350 | 0.05% | 1,755 | Common | SOLE |
| 78464A300 | SLYV | SPDR SERIES TRUST | $495,787 | 0.05% | 5,450 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $482,741 | 0.05% | 850 | Common | SOLE |
| 941848103 | WAT | WATERS CORP | $467,191 | 0.05% | 1,230 | Common | SOLE |
| 482480100 | KLAC | KLA CORP | $461,730 | 0.05% | 380 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $459,405 | 0.05% | 900 | Common | SOLE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $449,703 | 0.05% | 5,691 | Common | SOLE |
| 00206R102 | T | AT&T INC | $449,554 | 0.05% | 18,098 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $448,293 | 0.05% | 2,300 | Common | SOLE |
| 704326107 | PAYX | PAYCHEX INC | $446,252 | 0.05% | 3,978 | Common | SOLE |
| 871829107 | SYY | SYSCO CORP | $444,351 | 0.05% | 6,030 | Common | SOLE |
| 46138E578 | FDIQ | INVESCO EXCH TRADED FD TR II | $442,139 | 0.05% | 7,150 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $433,490 | 0.05% | 2,222 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $431,592 | 0.05% | 2,800 | Common | SOLE |
| 749685103 | RPM | RPM INTL INC | $426,400 | 0.05% | 4,100 | Common | SOLE |
| G7S00T104 | PNR | PENTAIR PLC | $424,891 | 0.05% | 4,080 | Common | SOLE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $419,942 | 0.04% | 3,982 | Common | SOLE |
| 464287507 | IJH | ISHARES TR | $418,110 | 0.04% | 6,335 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $410,410 | 0.04% | 922 | Common | SOLE |
| 816851109 | SRE | SEMPRA | $397,305 | 0.04% | 4,500 | Common | SOLE |
| 46432F842 | IEFA | ISHARES TR | $395,682 | 0.04% | 4,423 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $362,177 | 0.04% | 3,869 | Common | SOLE |
| 962166104 | WY | WEYERHAEUSER CO MTN BE | $361,865 | 0.04% | 15,275 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $360,534 | 0.04% | 1,495 | Common | SOLE |
| 504922105 | LH | LABCORP HOLDINGS INC | $360,515 | 0.04% | 1,437 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $349,848 | 0.04% | 530 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $334,376 | 0.04% | 2,050 | Common | SOLE |
| 260003108 | DOV | DOVER CORP | $333,470 | 0.04% | 1,708 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $331,436 | 0.04% | 5,370 | Common | SOLE |
| 372460105 | GPC | GENUINE PARTS CO | $324,246 | 0.03% | 2,637 | Common | SOLE |
| 92826C839 | V | VISA INC | $324,099 | 0.03% | 924 | Common | SOLE |
| 902973304 | USB | US BANCORP DEL | $308,367 | 0.03% | 5,779 | Common | SOLE |
| 464287671 | IUSG | ISHARES TR | $302,292 | 0.03% | 1,800 | Common | SOLE |
| 464287499 | IWR | ISHARES TR | $297,956 | 0.03% | 3,095 | Common | SOLE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $296,030 | 0.03% | 2,550 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $294,567 | 0.03% | 655 | Common | SOLE |
| 053484101 | AVB | AVALONBAY CMNTYS INC | $293,722 | 0.03% | 1,620 | Common | SOLE |
| 27627N105 | EBC | EASTERN BANKSHARES INC | $292,410 | 0.03% | 15,866 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $289,725 | 0.03% | 500 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $288,201 | 0.03% | 5,343 | Common | SOLE |
| 46137V142 | PHO | INVESCO EXCHANGE TRADED FD T | $283,962 | 0.03% | 4,033 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $283,430 | 0.03% | 1,750 | Common | SOLE |
| 833034101 | SNA | SNAP ON INC | $280,849 | 0.03% | 815 | Common | SOLE |
| 929236107 | WDFC | WD 40 CO | $275,660 | 0.03% | 1,400 | Common | SOLE |
| 25434V724 | DFUV | DIMENSIONAL ETF TRUST | $273,809 | 0.03% | 5,877 | Common | SOLE |
| 464287457 | SHY | ISHARES TR | $262,705 | 0.03% | 3,172 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $261,022 | 0.03% | 1,526 | Common | SOLE |
| 61945C103 | MOS | MOSAIC CO NEW | $260,052 | 0.03% | 10,795 | Common | SOLE |
| 018802108 | LNT | ALLIANT ENERGY CORP | $260,040 | 0.03% | 4,000 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $256,990 | 0.03% | 1,000 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $254,295 | 0.03% | 1,500 | Common | SOLE |
| 540424108 | L | LOEWS CORP | $242,213 | 0.03% | 2,300 | Common | SOLE |
| 172062101 | CINF | CINCINNATI FINL CORP | $238,121 | 0.03% | 1,458 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $226,427 | 0.02% | 3,378 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $223,602 | 0.02% | 5,826 | Common | SOLE |
| 049560105 | ATO | ATMOS ENERGY CORP | $223,451 | 0.02% | 1,333 | Common | SOLE |
| 494368103 | KMB | KIMBERLY-CLARK CORP | $214,290 | 0.02% | 2,124 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $213,754 | 0.02% | 2,155 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $209,475 | 0.02% | 2,850 | Common | SOLE |
| 464287663 | IUSV | ISHARES TR | $205,080 | 0.02% | 2,000 | Common | SOLE |
| 345370860 | F | FORD MTR CO | $162,032 | 0.02% | 12,350 | Common | SOLE |
| 733245104 | PRCH | PORCH GROUP INC | $96,778 | 0.01% | 10,600 | Common | SOLE |
| 14161Y200 | CRDL | CARDIOL THERAPEUTICS INC | $38,057 | 0.00% | 39,900 | Common | SOLE |
| 30052F100 | EVGO | EVGO INC | $31,719 | 0.00% | 10,900 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.