CLIFFORD SWAN INVESTMENT COUNSEL LLC

PrivateCIK: 1034642

Location

PASADENA, CA

332

Positions

$2.94B

Total AUM (reported)

22.64M

Total Shares

Allocation by class

COM$2.07B70.4%

CAP STK CL A$112.06M3.8%

COM SHS$105.69M3.6%

CL B$104.52M3.6%

CL B NEW$78.83M2.7%

CL A$67.89M2.3%

SHS$43.35M1.5%

Portfolio Concentration

Top 3$390.14M13.3%

4–10$503.07M17.1%

11–25$572.82M19.5%

Rest$1.47B50.1%

Top 3 weight

13.3%

Top 10 weight

30.4%

Voting Authority Distribution

Total shares with voting rights: 22.64M

Sole

Full voting authority

17.05M

% of voting shares75.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.59M

% of voting shares24.7%

Investment Discretion (by position count)

Sole263

Shared0

Other69

Dominant voting typeSole · 75.3% of voting shares

Institutional Holdings332

Rows:

APPLE INC

OTR

COM

Shares657.72K

TypeSH

Market value$166.92M

5.68%

Sole

525.07K

Shared

0.00

None

132.64K

ALPHABET INC

OTR

CAP STK CL A

Shares389.69K

TypeSH

Market value$112.06M

3.81%

Sole

295.66K

Shared

0.00

None

94.03K

MICROSOFT CORP

OTR

COM

Shares300.29K

TypeSH

Market value$111.16M

3.78%

Sole

220.31K

Shared

0.00

None

79.98K

COSTCO WHOLESALE CORPORATION

SOLE

COM

Shares97.80K

TypeSH

Market value$97.45M

3.32%

Sole

75.63K

Shared

0.00

None

22.16K

UNITED PARCEL SVCS INC

OTR

CL B

Shares967.81K

TypeSH

Market value$95.21M

3.24%

Sole

611.62K

Shared

0.00

None

356.19K

BERKSHIRE HATHAWAY INC DEL

OTR

CL B NEW

Shares164.50K

TypeSH

Market value$78.83M

2.68%

Sole

123.39K

Shared

0.00

None

41.11K

CHEVRON CORPORATION

OTR

COM

Shares311.47K

TypeSH

Market value$64.44M

2.19%

Sole

176.68K

Shared

0.00

None

134.79K

ARISTA NETWORKS INC

OTR

COM SHS

Shares514.47K

TypeSH

Market value$63.17M

2.15%

Sole

368.82K

Shared

0.00

None

145.65K

JPMORGAN CHASE & CO

SOLE

COM

Shares177.94K

TypeSH

Market value$52.34M

1.78%

Sole

134.27K

Shared

0.00

None

43.67K

JOHNSON & JOHNSON

SOLE

COM

Shares211.20K

TypeSH

Market value$51.62M

1.76%

Sole

163.97K

Shared

0.00

None

47.23K

EXXON MOBIL CORP

OTR

COM

Shares289.16K

TypeSH

Market value$49.06M

1.67%

Sole

212.99K

Shared

0.00

None

76.17K

LOWES COS INC

OTR

COM

Shares193.22K

TypeSH

Market value$45.65M

1.55%

Sole

149.78K

Shared

0.00

None

43.44K

CORTEVA INC

OTR

COM

Shares501.54K

TypeSH

Market value$41.98M

1.43%

Sole

347.99K

Shared

0.00

None

153.55K

RTX CORPORATION

OTR

COM

Shares207.24K

TypeSH

Market value$39.98M

1.36%

Sole

156.25K

Shared

0.00

None

50.99K

ALLISON TRANSMISSION HLDGS I

OTR

COM

Shares329.02K

TypeSH

Market value$38.52M

1.31%

Sole

215.49K

Shared

0.00

None

113.53K

ALPHABET INC

SOLE

CAP STK CL C

Shares133.55K

TypeSH

Market value$38.31M

1.30%

Sole

106.47K

Shared

0.00

None

27.07K

ACCENTURE PLC IRELAND

OTR

SHS CLASS A

Shares191.42K

TypeSH

Market value$37.96M

1.29%

Sole

141.90K

Shared

0.00

None

49.53K

AMAZON COM INC

OTR

COM

Shares179.20K

TypeSH

Market value$37.32M

1.27%

Sole

140.80K

Shared

0.00

None

38.40K

JOHNSON CONTROLS INTERNATION

OTR

SHS

Shares280.27K

TypeSH

Market value$36.70M

1.25%

Sole

180K

Shared

0.00

None

100.27K

AMERICAN EXPRESS CO

OTR

COM

Shares120.57K

TypeSH

Market value$36.47M

1.24%

Sole

84.31K

Shared

0.00

None

36.26K

FASTENAL CO

OTR

COM

Shares781.02K

TypeSH

Market value$36.24M

1.23%

Sole

619.17K

Shared

0.00

None

161.85K

ORACLE CORP

SOLE

COM

Shares242.15K

TypeSH

Market value$35.62M

1.21%

Sole

189.45K

Shared

0.00

None

52.71K

WELLS FARGO & CO

OTR

COM

Shares437.59K

TypeSH

Market value$34.84M

1.19%

Sole

374.60K

Shared

0.00

None

63K

EMERSON ELEC CO

SOLE

COM

Shares246.31K

TypeSH

Market value$32.27M

1.10%

Sole

181.21K

Shared

0.00

None

65.10K

ABBVIE INC

OTR

COM

Shares146.67K

TypeSH

Market value$31.90M

1.09%

Sole

108.89K

Shared

0.00

None

37.78K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
APPLE INCOTR	COM	657.72K	SH	$166.92M 5.68%	525.07K	132.64K
ALPHABET INCOTR	CAP STK CL A	389.69K	SH	$112.06M 3.81%	295.66K	94.03K
MICROSOFT CORPOTR	COM	300.29K	SH	$111.16M 3.78%	220.31K	79.98K
COSTCO WHOLESALE CORPORATIONSOLE	COM	97.80K	SH	$97.45M 3.32%	75.63K	22.16K
UNITED PARCEL SVCS INCOTR	CL B	967.81K	SH	$95.21M 3.24%	611.62K	356.19K
BERKSHIRE HATHAWAY INC DELOTR	CL B NEW	164.50K	SH	$78.83M 2.68%	123.39K	41.11K
CHEVRON CORPORATIONOTR	COM	311.47K	SH	$64.44M 2.19%	176.68K	134.79K
ARISTA NETWORKS INCOTR	COM SHS	514.47K	SH	$63.17M 2.15%	368.82K	145.65K
JPMORGAN CHASE & COSOLE	COM	177.94K	SH	$52.34M 1.78%	134.27K	43.67K
JOHNSON & JOHNSONSOLE	COM	211.20K	SH	$51.62M 1.76%	163.97K	47.23K
EXXON MOBIL CORPOTR	COM	289.16K	SH	$49.06M 1.67%	212.99K	76.17K
LOWES COS INCOTR	COM	193.22K	SH	$45.65M 1.55%	149.78K	43.44K
CORTEVA INCOTR	COM	501.54K	SH	$41.98M 1.43%	347.99K	153.55K
RTX CORPORATIONOTR	COM	207.24K	SH	$39.98M 1.36%	156.25K	50.99K
ALLISON TRANSMISSION HLDGS IOTR	COM	329.02K	SH	$38.52M 1.31%	215.49K	113.53K
ALPHABET INCSOLE	CAP STK CL C	133.55K	SH	$38.31M 1.30%	106.47K	27.07K
ACCENTURE PLC IRELANDOTR	SHS CLASS A	191.42K	SH	$37.96M 1.29%	141.90K	49.53K
AMAZON COM INCOTR	COM	179.20K	SH	$37.32M 1.27%	140.80K	38.40K
JOHNSON CONTROLS INTERNATIONOTR	SHS	280.27K	SH	$36.70M 1.25%	180K	100.27K
AMERICAN EXPRESS COOTR	COM	120.57K	SH	$36.47M 1.24%	84.31K	36.26K
FASTENAL COOTR	COM	781.02K	SH	$36.24M 1.23%	619.17K	161.85K
ORACLE CORPSOLE	COM	242.15K	SH	$35.62M 1.21%	189.45K	52.71K
WELLS FARGO & COOTR	COM	437.59K	SH	$34.84M 1.19%	374.60K	63K
EMERSON ELEC COSOLE	COM	246.31K	SH	$32.27M 1.10%	181.21K	65.10K
ABBVIE INCOTR	COM	146.67K	SH	$31.90M 1.09%	108.89K	37.78K

Page 1 of 14

…