Clifford Swan Investment Counsel LLC

13F filer · CIK 0001034642

Reported Aug 20, 2026

Net seller this quarter

13F portfolio value$3.12BU.S. long equity reported on 13F

Positions27311 new · 11 closed

Net flow last quarter-$66.8MBuys minus sells

Top 10 positions weight30.4%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 20, 2026273 positions
AAPLApple Inc.	$184M	5.92%	0.00%	-3.1%	Q3 2013
GOOGLAlphabet Inc.	$136M	4.35%	0.00%	-2.7%	Q3 2015
MSFTMicrosoft Corp	$111M	3.58%	0.00%	-0.5%	Q3 2013
UPSUnited Parcel Service Inc	$102M	3.27%	0.13%	-2.0%	Q3 2013
COSTCostco Wholesale Corp	$89M	2.86%	0.02%	-2.7%	Q3 2013
ANETArista Networks, Inc.	$82.6M	2.65%	0.04%	-5.5%	Q3 2019
BRK.BBerkshire Hathaway Inc	$80.8M	2.59%	Not reported	-1.9%	Q3 2013
JPMJPMorgan Chase & Co	$57M	1.83%	0.01%	-2.1%	Q3 2013
JNJJohnson & Johnson	$52.7M	1.69%	0.01%	-1.7%	Q3 2013
CVXChevron Corp	$50.6M	1.62%	0.02%	-2.1%	Q3 2013
INTCIntel Corp	$49.1M	1.57%	0.01%	-11.9%	Q3 2013
GOOGAlphabet Inc.	$46M	1.48%	Not reported	-2.5%	Q3 2015
UNHUnitedhealth Group Inc	$42.6M	1.37%	0.01%	-7.9%	Q3 2013
LOWLowes Companies Inc	$42.4M	1.36%	0.03%	-0.6%	Q3 2013
AMZNAmazon Com Inc	$41.7M	1.34%	0.00%	-2.4%	Q3 2013
CTVACorteva, Inc.	$41.4M	1.33%	0.07%	-2.6%	Q2 2019
AXPAmerican Express Co	$40.2M	1.29%	0.02%	-1.5%	Q3 2013
CSCOCisco Systems, Inc.	$40.1M	1.29%	0.01%	-4.7%	Q3 2013
CATCaterpillar Inc	$40M	1.28%	0.01%	-0.6%	Q3 2013
XOMExxonMobil Holdings Corp	$39.1M	1.25%	0.01%	-1.1%	Q3 2013
JCIJohnson Controls International plc	$38.3M	1.23%	0.04%	-6.5%	Q3 2013
RTXRTX Corp	$37.3M	1.20%	0.01%	-5.3%	Q2 2020
FASTFastenal Co	$36.6M	1.17%	0.07%	-2.4%	Q1 2015
ABBVAbbVie Inc.	$36.5M	1.17%	0.01%	-1.0%	Q3 2013
WFCWells Fargo & Company	$35.8M	1.15%	0.01%	-0.9%	Q3 2013
ALSNAllison Transmission Holdings Inc	$35.7M	1.14%	0.38%	-3.8%	Q2 2021
EMREmerson Electric Co	$34.9M	1.12%	0.04%	-1.1%	Q3 2013
ORCLOracle Corp	$34.4M	1.10%	0.01%	-3.0%	Q3 2013
ENTGEntegris Inc	$29.4M	0.94%	0.11%	-14.5%	Q3 2022
BKNGBooking Holdings Inc.	$29M	0.93%	0.02%	+23.6%	Q1 2020
LHLabcorp Holdings Inc.	$28.1M	0.90%	0.12%	-2.8%	Q3 2024
ACNAccenture plc	$27.7M	0.89%	0.03%	+16.2%	Q3 2013
QCOMQualcomm Inc	$27.2M	0.87%	0.01%	-4.7%	Q3 2013
MCKMckesson Corp	$27M	0.87%	0.03%	-2.4%	Q2 2014
KEYSKeysight Technologies, Inc.	$26.8M	0.86%	0.04%	-4.7%	Q4 2014
PHParker-Hannifin Corp	$26M	0.83%	0.02%	0.0%	Q3 2016
SLBSLB Limited	$25.2M	0.81%	0.04%	-2.6%	Q3 2013
GLDSPDR Gold Trust	$24.7M	0.79%	0.02%	-2.1%	Q3 2013
SYKStryker Corp	$24.7M	0.79%	0.02%	-0.4%	Q3 2013
SYYSysco Corp	$22.4M	0.72%	0.06%	-2.0%	Q3 2013
EWEdwards Lifesciences Corp	$22.2M	0.71%	0.04%	-2.1%	Q3 2013
HPEHewlett Packard Enterprise Co	$21.4M	0.69%	0.04%	-20.0%	Q4 2015
PGPROCTER & GAMBLE Co	$21M	0.67%	0.01%	-1.5%	Q3 2013
MCDMcdonalds Corp	$20.7M	0.66%	0.01%	-1.6%	Q3 2013
PEPPepsico Inc	$20.6M	0.66%	0.01%	-0.9%	Q3 2013
TSCOTractor Supply Co	$20.3M	0.65%	0.12%	+2.6%	Q2 2017
MDLZMondelez International, Inc.	$19.7M	0.63%	0.03%	-1.5%	Q3 2013
INTUIntuit Inc.	$19.7M	0.63%	0.03%	+32.7%	Q3 2013
UNPUnion Pacific Corp	$19.1M	0.61%	0.01%	+1.8%	Q3 2013
AAgilent Technologies, Inc.	$19M	0.61%	0.05%	-0.3%	Q3 2013

Q1 2026Reported May 6, 2026271 positions
AAPLApple Inc.	$167M	5.68%	0.00%	Not reported	Q3 2013
GOOGLAlphabet Inc.	$112M	3.81%	0.00%	Not reported	Q3 2015
MSFTMicrosoft Corp	$111M	3.78%	0.00%	Not reported	Q3 2013
COSTCostco Wholesale Corp	$97.4M	3.32%	0.02%	Not reported	Q3 2013
UPSUnited Parcel Service Inc	$95.2M	3.24%	0.14%	Not reported	Q3 2013
BRK.BBerkshire Hathaway Inc	$78.8M	2.68%	Not reported	Not reported	Q3 2013
CVXChevron Corp	$64.4M	2.19%	0.02%	Not reported	Q3 2013
ANETArista Networks, Inc.	$63.2M	2.15%	0.04%	Not reported	Q3 2019
JPMJPMorgan Chase & Co	$52.3M	1.78%	0.01%	Not reported	Q3 2013
JNJJohnson & Johnson	$51.6M	1.76%	0.01%	Not reported	Q3 2013
XOMExxonMobil Holdings Corp	$49.1M	1.67%	0.01%	Not reported	Q3 2013
LOWLowes Companies Inc	$45.7M	1.55%	0.03%	Not reported	Q3 2013
CTVACorteva, Inc.	$42M	1.43%	0.07%	Not reported	Q2 2019
RTXRTX Corp	$40M	1.36%	0.02%	Not reported	Q2 2020
ALSNAllison Transmission Holdings Inc	$38.5M	1.31%	0.40%	Not reported	Q2 2021
GOOGAlphabet Inc.	$38.3M	1.30%	Not reported	Not reported	Q3 2015
ACNAccenture plc	$38M	1.29%	0.03%	Not reported	Q3 2013
AMZNAmazon Com Inc	$37.3M	1.27%	0.00%	Not reported	Q3 2013
JCIJohnson Controls International plc	$36.7M	1.25%	0.05%	Not reported	Q3 2013
AXPAmerican Express Co	$36.5M	1.24%	0.02%	Not reported	Q3 2013
FASTFastenal Co	$36.2M	1.23%	0.07%	Not reported	Q1 2015
ORCLOracle Corp	$35.6M	1.21%	0.01%	Not reported	Q3 2013
WFCWells Fargo & Company	$34.8M	1.19%	0.01%	Not reported	Q3 2013
EMREmerson Electric Co	$32.3M	1.10%	0.04%	Not reported	Q3 2013
ABBVAbbVie Inc.	$31.9M	1.09%	0.01%	Not reported	Q3 2013
MCKMckesson Corp	$31.7M	1.08%	0.03%	Not reported	Q2 2014
UNHUnitedhealth Group Inc	$30.1M	1.03%	0.01%	Not reported	Q3 2013
GLDSPDR Gold Trust	$29.5M	1.00%	0.02%	Not reported	Q3 2013
SLBSLB Limited	$28.6M	0.97%	0.04%	Not reported	Q3 2013
TSCOTractor Supply Co	$28.3M	0.96%	0.12%	Not reported	Q2 2017
CSCOCisco Systems, Inc.	$27.8M	0.95%	0.01%	Not reported	Q3 2013
LHLabcorp Holdings Inc.	$27.5M	0.94%	0.13%	Not reported	Q3 2024
CATCaterpillar Inc	$26.8M	0.91%	0.01%	Not reported	Q3 2013
SYKStryker Corp	$25.9M	0.88%	0.02%	Not reported	Q3 2013
INTUIntuit Inc.	$24.5M	0.84%	0.02%	Not reported	Q3 2013
MCDMcdonalds Corp	$24.2M	0.82%	0.01%	Not reported	Q3 2013
PEPPepsico Inc	$23.8M	0.81%	0.01%	Not reported	Q3 2013
PHParker-Hannifin Corp	$23.8M	0.81%	0.02%	Not reported	Q3 2016
KEYSKeysight Technologies, Inc.	$22.7M	0.77%	0.05%	Not reported	Q4 2014
ENTGEntegris Inc	$22.4M	0.76%	0.13%	Not reported	Q3 2022
BKNGBooking Holdings Inc.	$22.2M	0.75%	0.02%	Not reported	Q1 2020
PGPROCTER & GAMBLE Co	$21M	0.72%	0.01%	Not reported	Q3 2013
ABTAbbott Laboratories	$20.7M	0.70%	0.01%	Not reported	Q3 2013
ALBAlbemarle Corp	$20.5M	0.70%	0.10%	Not reported	Q3 2013
EWEdwards Lifesciences Corp	$20.1M	0.68%	0.04%	Not reported	Q3 2013
MDLZMondelez International, Inc.	$19.9M	0.68%	0.03%	Not reported	Q3 2013
QCOMQualcomm Inc	$19.9M	0.68%	0.01%	Not reported	Q3 2013
SYYSysco Corp	$19.5M	0.66%	0.06%	Not reported	Q3 2013
BMYBristol Myers Squibb Co	$18.3M	0.62%	0.01%	Not reported	Q3 2013
WMTWalmart Inc.	$18.1M	0.62%	0.00%	Not reported	Q3 2013

Q3 2025Reported Nov 12, 2025266 positions
AAPLApple Inc.	$172M	5.74%	0.00%	-0.7%	Q3 2013
MSFTMicrosoft Corp	$159M	5.31%	0.00%	+0.4%	Q3 2013
GOOGLAlphabet Inc.	$105M	3.48%	0.00%	-0.3%	Q3 2015
COSTCostco Wholesale Corp	$94.1M	3.13%	0.02%	-2.1%	Q3 2013
BRK.BBerkshire Hathaway Inc	$84.8M	2.82%	Not reported	-1.4%	Q3 2013
UPSUnited Parcel Service Inc	$81.6M	2.71%	0.14%	+2.3%	Q3 2013
ANETArista Networks, Inc.	$80.3M	2.67%	0.04%	-4.4%	Q3 2019
ORCLOracle Corp	$71.9M	2.39%	0.01%	-4.3%	Q3 2013
JPMJPMorgan Chase & Co	$58.4M	1.94%	0.01%	-1.5%	Q3 2013
LOWLowes Companies Inc	$50.2M	1.67%	0.04%	-2.0%	Q3 2013
CVXChevron Corp	$49.6M	1.65%	0.02%	-0.2%	Q3 2013
ACNAccenture plc	$46M	1.53%	0.03%	+6.8%	Q3 2013
FASTFastenal Co	$41.4M	1.38%	0.07%	-3.0%	Q1 2015
AXPAmerican Express Co	$41.1M	1.37%	0.02%	+3.0%	Q3 2013
UNHUnitedhealth Group Inc	$40.7M	1.35%	0.01%	+10.0%	Q3 2013
JNJJohnson & Johnson	$40.4M	1.35%	0.01%	-1.3%	Q3 2013
AMZNAmazon Com Inc	$39.6M	1.32%	0.00%	-0.8%	Q3 2013
WFCWells Fargo & Company	$38.8M	1.29%	0.01%	-1.8%	Q3 2013
GOOGAlphabet Inc.	$38.6M	1.28%	Not reported	-0.9%	Q3 2015
RTXRTX Corp	$37.8M	1.26%	0.02%	+2.9%	Q2 2020
TSCOTractor Supply Co	$37.3M	1.24%	0.12%	-2.1%	Q2 2017
ABBVAbbVie Inc.	$35.2M	1.17%	0.01%	-0.1%	Q3 2013
CTVACorteva, Inc.	$35M	1.17%	0.08%	+0.5%	Q2 2019
XOMExxonMobil Holdings Corp	$34M	1.13%	0.01%	-0.4%	Q3 2013
EMREmerson Electric Co	$33.6M	1.12%	0.05%	-1.7%	Q3 2013
JCIJohnson Controls International plc	$32.7M	1.09%	0.05%	-2.5%	Q3 2013
LHLabcorp Holdings Inc.	$30.5M	1.01%	0.13%	+2.1%	Q3 2024
MCKMckesson Corp	$29.8M	0.99%	0.03%	-0.9%	Q2 2014
SYKStryker Corp	$29.7M	0.99%	0.02%	-1.4%	Q3 2013
INTUIntuit Inc.	$29.5M	0.98%	0.02%	-0.9%	Q3 2013
ALSNAllison Transmission Holdings Inc	$29.4M	0.98%	0.41%	-3.1%	Q2 2021
ABTAbbott Laboratories	$27.9M	0.93%	0.01%	-0.6%	Q3 2013
QCOMQualcomm Inc	$27.8M	0.92%	0.02%	0.0%	Q3 2013
GLDSPDR Gold Trust	$27.6M	0.92%	0.02%	+1.7%	Q3 2013
CSCOCisco Systems, Inc.	$25.5M	0.85%	0.01%	-0.7%	Q3 2013
BKNGBooking Holdings Inc.	$24.9M	0.83%	0.01%	+3.0%	Q1 2020
MCDMcdonalds Corp	$24M	0.80%	0.01%	-2.2%	Q3 2013
PGPROCTER & GAMBLE Co	$22.9M	0.76%	0.01%	-0.2%	Q3 2013
METAMeta Platforms, Inc.	$22.9M	0.76%	Not reported	+0.4%	Q2 2014
SYYSysco Corp	$22.7M	0.76%	0.06%	+3.1%	Q3 2013
PEPPepsico Inc	$21.6M	0.72%	0.01%	-1.3%	Q3 2013
PHParker-Hannifin Corp	$20.2M	0.67%	0.02%	Not reported	Q3 2016
EWEdwards Lifesciences Corp	$19.7M	0.66%	0.04%	-0.1%	Q3 2013
HPQHP Inc	$19.5M	0.65%	0.08%	-3.6%	Q3 2015
SLBSLB Limited	$18.9M	0.63%	0.04%	+1.2%	Q3 2013
AAgilent Technologies, Inc.	$18.5M	0.61%	0.05%	-0.1%	Q3 2013
MDLZMondelez International, Inc.	$18.3M	0.61%	0.02%	-2.0%	Q3 2013
ENTGEntegris Inc	$18.2M	0.61%	0.13%	+9.3%	Q3 2022
CATCaterpillar Inc	$17.8M	0.59%	0.01%	Not reported	Q3 2013
NVONovo Nordisk A S	$17.3M	0.57%	Not reported	+13.7%	Q3 2013

Q2 2025Reported Jul 30, 2025258 positions
MSFTMicrosoft Corp	$153M	5.38%	0.00%	+0.1%	Q3 2013
AAPLApple Inc.	$140M	4.94%	0.00%	-1.0%	Q3 2013
COSTCostco Wholesale Corp	$103M	3.63%	0.02%	-1.7%	Q3 2013
UPSUnited Parcel Service Inc	$96.3M	3.40%	0.13%	+5.7%	Q3 2013
BRK.BBerkshire Hathaway Inc	$83.1M	2.93%	Not reported	-1.8%	Q3 2013
GOOGLAlphabet Inc.	$76M	2.68%	0.00%	+0.8%	Q3 2015
ANETArista Networks, Inc.	$59M	2.08%	0.05%	-0.9%	Q3 2019
ORCLOracle Corp	$58.4M	2.06%	0.01%	-1.1%	Q3 2013
JPMJPMorgan Chase & Co	$54.4M	1.92%	0.01%	-2.5%	Q3 2013
ACNAccenture plc	$52.2M	1.84%	0.03%	+2.1%	Q3 2013
CVXChevron Corp	$45.8M	1.62%	0.02%	-1.2%	Q3 2013
LOWLowes Companies Inc	$45.2M	1.60%	0.04%	-1.2%	Q3 2013
AMZNAmazon Com Inc	$39.9M	1.41%	0.00%	+1.7%	Q3 2013
CTVACorteva, Inc.	$38.4M	1.36%	0.08%	+0.2%	Q2 2019
AXPAmerican Express Co	$38.3M	1.35%	0.02%	+3.9%	Q3 2013
WFCWells Fargo & Company	$37.7M	1.33%	0.01%	-3.3%	Q3 2013
FASTFastenal Co	$36.6M	1.29%	0.08%	-3.8%	Q1 2015
TSCOTractor Supply Co	$35.3M	1.25%	0.13%	-0.1%	Q2 2017
EMREmerson Electric Co	$34.8M	1.23%	0.05%	+0.3%	Q3 2013
INTUIntuit Inc.	$34.4M	1.21%	0.02%	-0.5%	Q3 2013
ALSNAllison Transmission Holdings Inc	$33.9M	1.20%	0.42%	-0.7%	Q2 2021
JNJJohnson & Johnson	$33.7M	1.19%	0.01%	-3.2%	Q3 2013
UNHUnitedhealth Group Inc	$33.4M	1.18%	0.01%	+86.1%	Q3 2013
XOMExxonMobil Holdings Corp	$32.7M	1.15%	0.01%	-2.7%	Q3 2013
JCIJohnson Controls International plc	$32.2M	1.14%	0.05%	-1.9%	Q3 2013
SYKStryker Corp	$32.2M	1.14%	0.02%	-0.7%	Q3 2013
RTXRTX Corp	$32M	1.13%	0.02%	+0.3%	Q2 2020
MCKMckesson Corp	$28.5M	1.01%	0.03%	-5.6%	Q2 2014
ABTAbbott Laboratories	$28.5M	1.00%	0.01%	-1.3%	Q3 2013
GOOGAlphabet Inc.	$28.4M	1.00%	Not reported	+0.1%	Q3 2015
ABBVAbbVie Inc.	$28.3M	1.00%	0.01%	-1.0%	Q3 2013
LHLabcorp Holdings Inc.	$27.3M	0.96%	0.13%	+2.3%	Q3 2024
QCOMQualcomm Inc	$26.6M	0.94%	0.02%	-4.0%	Q3 2013
CSCOCisco Systems, Inc.	$26M	0.92%	0.01%	-1.8%	Q3 2013
BKNGBooking Holdings Inc.	$25.9M	0.91%	0.01%	0.0%	Q1 2020
PGPROCTER & GAMBLE Co	$23.8M	0.84%	0.01%	-1.3%	Q3 2013
MCDMcdonalds Corp	$23.6M	0.83%	0.01%	-0.4%	Q3 2013
GLDSPDR Gold Trust	$23.3M	0.82%	0.02%	-6.7%	Q3 2013
METAMeta Platforms, Inc.	$22.9M	0.81%	Not reported	-0.4%	Q2 2014
PEPPepsico Inc	$20.5M	0.73%	0.01%	+10.8%	Q3 2013
SYYSysco Corp	$20.3M	0.72%	0.06%	+6.9%	Q3 2013
MDLZMondelez International, Inc.	$20.2M	0.71%	0.02%	+0.8%	Q3 2013
EWEdwards Lifesciences Corp	$19.8M	0.70%	0.04%	0.0%	Q3 2013
NVONovo Nordisk A S	$18.9M	0.67%	Not reported	+44.3%	Q3 2013
PHParker-Hannifin Corp	$18.6M	0.66%	0.02%	Not reported	Q3 2016
PMPhilip Morris International Inc.	$18.5M	0.65%	0.01%	-2.2%	Q3 2013
SLBSLB Limited	$18.4M	0.65%	0.04%	+2.4%	Q3 2013
HPQHP Inc	$18.2M	0.64%	0.08%	-1.2%	Q3 2015
DISWalt Disney Co	$17.3M	0.61%	0.01%	-6.0%	Q3 2013
AAgilent Technologies, Inc.	$17M	0.60%	0.05%	-0.3%	Q3 2013

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