SFE INVESTMENT COUNSEL

PrivateCIK: 1317784

Location

LOS ANGELES, CA

140

Positions

$634.73M

Total AUM (reported)

8.46M

Total Shares

Allocation by class

COM$466.37M73.5%

COM NEW$29.53M4.7%

CAP STK CL A$13.11M2.1%

CAP STK CL C$9.61M1.5%

COM SHS$8.79M1.4%

INVSCO 28 HYCORP$8.33M1.3%

BULETSHS 2027$8.06M1.3%

Portfolio Concentration

Top 3$67.03M10.6%

4–10$113.48M17.9%

11–25$152.44M24.0%

Rest$301.78M47.5%

Top 3 weight

10.6%

Top 10 weight

28.4%

Voting Authority Distribution

Total shares with voting rights: 8.46M

Sole

Full voting authority

2.91M

% of voting shares34.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.56M

% of voting shares65.7%

Investment Discretion (by position count)

Sole140

Shared0

Other0

Dominant voting typeNone · 65.7% of voting shares

Institutional Holdings140

Rows:

NVIDIA CORPORATION

SOLE

COM

Shares136.38K

TypeSH

Market value$23.79M

3.75%

Sole

49.66K

Shared

0.00

None

86.72K

APPLE INC

SOLE

COM

Shares86.88K

TypeSH

Market value$22.05M

3.47%

Sole

31.72K

Shared

0.00

None

55.16K

MICROSOFT CORP

SOLE

COM

Shares57.26K

TypeSH

Market value$21.19M

3.34%

Sole

39.04K

Shared

0.00

None

18.21K

ONEOK INC NEW

SOLE

COM

Shares204.98K

TypeSH

Market value$18.53M

2.92%

Sole

80.92K

Shared

0.00

None

124.06K

BROADCOM INC

SOLE

COM

Shares57.94K

TypeSH

Market value$17.93M

2.83%

Sole

19.59K

Shared

0.00

None

38.35K

JPMORGAN CHASE & CO

SOLE

COM

Shares59.56K

TypeSH

Market value$17.52M

2.76%

Sole

21.89K

Shared

0.00

None

37.67K

AMAZON COM INC

SOLE

COM

Shares79.64K

TypeSH

Market value$16.59M

2.61%

Sole

35.01K

Shared

0.00

None

44.64K

NEXTERA ENERGY INC

SOLE

COM

Shares174.91K

TypeSH

Market value$16.25M

2.56%

Sole

64.45K

Shared

0.00

None

110.45K

PALO ALTO NETWORKS INC

SOLE

COM

Shares84.55K

TypeSH

Market value$13.55M

2.14%

Sole

30.47K

Shared

0.00

None

54.08K

ALPHABET INC

SOLE

CAP STK CL A

Shares45.60K

TypeSH

Market value$13.11M

2.07%

Sole

23.11K

Shared

0.00

None

22.49K

QUALCOMM INC

SOLE

COM

Shares100.98K

TypeSH

Market value$13.00M

2.05%

Sole

36.29K

Shared

0.00

None

64.69K

LOWES COS INC

SOLE

COM

Shares54.55K

TypeSH

Market value$12.89M

2.03%

Sole

17.21K

Shared

0.00

None

37.34K

FIRST SOLAR INC

SOLE

COM

Shares63.29K

TypeSH

Market value$12.48M

1.97%

Sole

26.20K

Shared

0.00

None

37.09K

US BANCORP

SOLE

COM NEW

Shares223.65K

TypeSH

Market value$11.63M

1.83%

Sole

80.36K

Shared

0.00

None

143.28K

COSTCO WHOLESALE CORPORATION

SOLE

COM

Shares11.18K

TypeSH

Market value$11.14M

1.75%

Sole

2.34K

Shared

0.00

None

8.83K

QUANTA SVCS INC

SOLE

COM

Shares19.18K

TypeSH

Market value$10.53M

1.66%

Sole

6.58K

Shared

0.00

None

12.60K

CUMMINS INC

SOLE

COM

Shares19.35K

TypeSH

Market value$10.41M

1.64%

Sole

6.11K

Shared

0.00

None

13.24K

ALPHABET INC

SOLE

CAP STK CL C

Shares33.49K

TypeSH

Market value$9.61M

1.51%

Sole

11.08K

Shared

0.00

None

22.41K

CHEVRON CORPORATION

SOLE

COM

Shares31.86K

TypeSH

Market value$9.32M

1.47%

Sole

23.89K

Shared

0.00

None

7.97K

IQVIA HLDGS INC

SOLE

COM

Shares51.92K

TypeSH

Market value$8.85M

1.40%

Sole

23.54K

Shared

0.00

None

28.38K

LABCORP HOLDINGS INC

SOLE

COM SHS

Shares32.92K

TypeSH

Market value$8.78M

1.38%

Sole

14.63K

Shared

0.00

None

18.29K

JACOBS SOLUTIONS INC

SOLE

COM

Shares67.65K

TypeSH

Market value$8.61M

1.36%

Sole

26.33K

Shared

0.00

None

41.32K

INTERNATIONAL BUSINESS MACHS

SOLE

COM

Shares34.69K

TypeSH

Market value$8.41M

1.32%

Sole

11.92K

Shared

0.00

None

22.78K

ABBOTT LABORATORIES

SOLE

COM

Shares81.74K

TypeSH

Market value$8.39M

1.32%

Sole

24.65K

Shared

0.00

None

57.09K

PRUDENTIAL FINL INC

SOLE

COM

Shares85.69K

TypeSH

Market value$8.37M

1.32%

Sole

35.56K

Shared

0.00

None

50.12K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
NVIDIA CORPORATIONSOLE	COM	136.38K	SH	$23.79M 3.75%	49.66K	86.72K
APPLE INCSOLE	COM	86.88K	SH	$22.05M 3.47%	31.72K	55.16K
MICROSOFT CORPSOLE	COM	57.26K	SH	$21.19M 3.34%	39.04K	18.21K
ONEOK INC NEWSOLE	COM	204.98K	SH	$18.53M 2.92%	80.92K	124.06K
BROADCOM INCSOLE	COM	57.94K	SH	$17.93M 2.83%	19.59K	38.35K
JPMORGAN CHASE & COSOLE	COM	59.56K	SH	$17.52M 2.76%	21.89K	37.67K
AMAZON COM INCSOLE	COM	79.64K	SH	$16.59M 2.61%	35.01K	44.64K
NEXTERA ENERGY INCSOLE	COM	174.91K	SH	$16.25M 2.56%	64.45K	110.45K
PALO ALTO NETWORKS INCSOLE	COM	84.55K	SH	$13.55M 2.14%	30.47K	54.08K
ALPHABET INCSOLE	CAP STK CL A	45.60K	SH	$13.11M 2.07%	23.11K	22.49K
QUALCOMM INCSOLE	COM	100.98K	SH	$13.00M 2.05%	36.29K	64.69K
LOWES COS INCSOLE	COM	54.55K	SH	$12.89M 2.03%	17.21K	37.34K
FIRST SOLAR INCSOLE	COM	63.29K	SH	$12.48M 1.97%	26.20K	37.09K
US BANCORPSOLE	COM NEW	223.65K	SH	$11.63M 1.83%	80.36K	143.28K
COSTCO WHOLESALE CORPORATIONSOLE	COM	11.18K	SH	$11.14M 1.75%	2.34K	8.83K
QUANTA SVCS INCSOLE	COM	19.18K	SH	$10.53M 1.66%	6.58K	12.60K
CUMMINS INCSOLE	COM	19.35K	SH	$10.41M 1.64%	6.11K	13.24K
ALPHABET INCSOLE	CAP STK CL C	33.49K	SH	$9.61M 1.51%	11.08K	22.41K
CHEVRON CORPORATIONSOLE	COM	31.86K	SH	$9.32M 1.47%	23.89K	7.97K
IQVIA HLDGS INCSOLE	COM	51.92K	SH	$8.85M 1.40%	23.54K	28.38K
LABCORP HOLDINGS INCSOLE	COM SHS	32.92K	SH	$8.78M 1.38%	14.63K	18.29K
JACOBS SOLUTIONS INCSOLE	COM	67.65K	SH	$8.61M 1.36%	26.33K	41.32K
INTERNATIONAL BUSINESS MACHSSOLE	COM	34.69K	SH	$8.41M 1.32%	11.92K	22.78K
ABBOTT LABORATORIESSOLE	COM	81.74K	SH	$8.39M 1.32%	24.65K	57.09K
PRUDENTIAL FINL INCSOLE	COM	85.69K	SH	$8.37M 1.32%	35.56K	50.12K

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