13F HOLDINGS REPORT
SFE Investment Counsel
Quarter ended Q2 2025 · Filed August 7, 2025 · Accession 0001085146-25-004662
Total Value
$567.9M
Positions
141
Other Managers
0
Confidential Omitted
No
Holdings (141)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 53,411 | $26.6M | 4.68% |
| 2 | NVIDIA CORPORATION | NVDA | 142,312 | $22.5M | 3.96% |
| 3 | JPMORGAN CHASE & CO. | VYLD | 64,092 | $18.6M | 3.27% |
| 4 | APPLE INC | AAPL | 89,398 | $18.3M | 3.23% |
| 5 | AMAZON COM INC | AMZN | 81,046 | $17.8M | 3.13% |
| 6 | BROADCOM INC | AVGO | 60,353 | $16.6M | 2.93% |
| 7 | PALO ALTO NETWORKS INC | PANW | 75,623 | $15.5M | 2.72% |
| 8 | QUALCOMM INC | QCOM | 94,807 | $15.1M | 2.66% |
| 9 | ONEOK INC NEW | OKE | 164,059 | $13.4M | 2.36% |
| 10 | NEXTERA ENERGY INC | NEE-PW | 178,189 | $12.4M | 2.18% |
| 11 | LOWES COS INC | 548661107 | 53,602 | $11.9M | 2.09% |
| 12 | FIRST SOLAR INC | FSLR | 69,810 | $11.6M | 2.03% |
| 13 | ABBOTT LABS | ABLZF | 80,063 | $10.9M | 1.92% |
| 14 | COSTCO WHSL CORP NEW | 22160K105 | 10,653 | $10.5M | 1.86% |
| 15 | US BANCORP DEL | USB-PS | 232,077 | $10.5M | 1.85% |
| 16 | INTERNATIONAL BUSINESS MACHS | INTR | 34,894 | $10.3M | 1.81% |
| 17 | ALPHABET INC | GOOG | 55,653 | $9.8M | 1.73% |
| 18 | LABCORP HOLDINGS INC | LH | 32,089 | $8.4M | 1.48% |
| 19 | UNITED RENTALS INC | URI | 11,044 | $8.3M | 1.47% |
| 20 | CUMMINS INC | CMI | 24,530 | $8.0M | 1.41% |
| 21 | CLEVELAND-CLIFFS INC NEW | CLF | 1,055,365 | $8.0M | 1.41% |
| 22 | PRUDENTIAL FINL INC | PUKPF | 73,719 | $7.9M | 1.39% |
| 23 | INVESCO EXCH TRD SLF IDX FD | IVZ | 355,613 | $7.8M | 1.38% |
| 24 | INVESCO EXCH TRD SLF IDX FD | IVZ | 334,525 | $7.6M | 1.34% |
| 25 | INVESCO EXCH TRD SLF IDX FD | IVZ | 316,978 | $7.4M | 1.30% |
| 26 | ALPHABET INC | GOOG | 41,194 | $7.3M | 1.29% |
| 27 | INVESCO EXCH TRD SLF IDX FD | IVZ | 337,617 | $7.3M | 1.28% |
| 28 | IQVIA HLDGS INC | IQV | 43,491 | $6.9M | 1.21% |
| 29 | L3HARRIS TECHNOLOGIES INC | LHX | 26,692 | $6.7M | 1.18% |
| 30 | BLACKSTONE INC | BX | 44,140 | $6.6M | 1.16% |
| 31 | QUANTA SVCS INC | 74762E102 | 17,142 | $6.5M | 1.14% |
| 32 | FISERV INC | FISV | 37,529 | $6.5M | 1.14% |
| 33 | JACOBS SOLUTIONS INC | J | 48,824 | $6.4M | 1.13% |
| 34 | AMERICAN WTR WKS CO INC NEW | 030420103 | 45,655 | $6.4M | 1.12% |
| 35 | INVESCO EXCH TRD SLF IDX FD | IVZ | 285,523 | $5.9M | 1.03% |
| 36 | ROPER TECHNOLOGIES INC | ROP | 10,080 | $5.7M | 1.01% |
| 37 | XYLEM INC | XYL | 42,950 | $5.6M | 0.98% |
| 38 | DONALDSON INC | DCI | 78,248 | $5.4M | 0.96% |
| 39 | ZOETIS INC | ZTS | 34,012 | $5.3M | 0.93% |
| 40 | WILLIAMS SONOMA INC | WSM | 31,830 | $5.2M | 0.92% |
| 41 | WEYERHAEUSER CO MTN BE | WY | 194,853 | $5.0M | 0.88% |
| 42 | DANAHER CORPORATION | 235851102 | 25,145 | $5.0M | 0.87% |
| 43 | INVESCO EXCH TRD SLF IDX FD | IVZ | 265,220 | $5.0M | 0.87% |
| 44 | ABBVIE INC | ABBV | 26,237 | $4.9M | 0.86% |
| 45 | INVESCO EXCH TRD SLF IDX FD | IVZ | 245,436 | $4.8M | 0.85% |
| 46 | BECTON DICKINSON & CO | BDX | 27,970 | $4.8M | 0.85% |
| 47 | EATON CORP PLC | ETN | 13,402 | $4.8M | 0.84% |
| 48 | HONEYWELL INTL INC | 438516106 | 20,350 | $4.7M | 0.83% |
| 49 | ADVANCED MICRO DEVICES INC | AMD | 32,247 | $4.6M | 0.81% |
| 50 | HA SUSTAINABLE INFRA CAP INC | 41068X100 | 164,840 | $4.4M | 0.78% |
| 51 | JOHNSON & JOHNSON | JNJ | 28,045 | $4.3M | 0.75% |
| 52 | CISCO SYS INC | CSCO | 60,078 | $4.2M | 0.73% |
| 53 | INVESCO EXCH TRD SLF IDX FD | IVZ | 156,243 | $4.1M | 0.72% |
| 54 | INVESCO EXCH TRD SLF IDX FD | IVZ | 207,372 | $4.0M | 0.71% |
| 55 | EXPEDIA GROUP INC | EXPE | 23,377 | $3.9M | 0.69% |
| 56 | APPLIED MATLS INC | 038222105 | 20,804 | $3.8M | 0.67% |
| 57 | ELI LILLY & CO | LLY | 4,849 | $3.8M | 0.67% |
| 58 | FEDEX CORP | FDX | 16,027 | $3.6M | 0.64% |
| 59 | GE AEROSPACE | 369604301 | 13,679 | $3.5M | 0.62% |
| 60 | KINDER MORGAN INC DEL | EP-PC | 119,625 | $3.5M | 0.62% |
| 61 | GE VERNOVA INC | GEV | 6,334 | $3.4M | 0.59% |
| 62 | INVESCO EXCH TRD SLF IDX FD | IVZ | 185,362 | $3.1M | 0.55% |
| 63 | DEERE & CO | DE | 5,815 | $3.0M | 0.52% |
| 64 | TETRA TECH INC NEW | TTEK | 81,856 | $2.9M | 0.52% |
| 65 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 49,150 | $2.8M | 0.49% |
| 66 | ULTA BEAUTY INC | ULTA | 5,813 | $2.7M | 0.48% |
| 67 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 4,706 | $2.3M | 0.40% |
| 68 | CHEVRON CORP NEW | CVX | 15,017 | $2.2M | 0.38% |
| 69 | PINNACLE WEST CAP CORP | PNW | 23,310 | $2.1M | 0.37% |
| 70 | NETFLIX INC | NFLX | 1,461 | $2.0M | 0.34% |
| 71 | UBER TECHNOLOGIES INC | UBER | 20,949 | $2.0M | 0.34% |
| 72 | INVESCO EXCH TRD SLF IDX FD | IVZ | 82,883 | $1.9M | 0.34% |
| 73 | ISHARES TR | 464287200 | 3,079 | $1.9M | 0.34% |
| 74 | PFIZER INC | PFE | 75,230 | $1.8M | 0.32% |
| 75 | KLA CORP | KLAC | 2,000 | $1.8M | 0.32% |
| 76 | TENNANT CO | TNC | 21,620 | $1.7M | 0.29% |
| 77 | BROOKFIELD RENEWABLE PARTNER | G16258108 | 59,062 | $1.5M | 0.27% |
| 78 | AT&T INC | T-PC | 48,184 | $1.4M | 0.25% |
| 79 | CORNING INC | GLW | 26,089 | $1.4M | 0.24% |
| 80 | INVESCO EXCH TRADED FD TR II | IVZ | 27,096 | $1.3M | 0.23% |
| 81 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 25,840 | $1.2M | 0.21% |
| 82 | EAST WEST BANCORP INC | EWBC | 11,195 | $1.1M | 0.20% |
| 83 | CLEAN HARBORS INC | CLH | 4,392 | $1.0M | 0.18% |
| 84 | FORD MTR CO | 345370860 | 90,185 | $978,507 | 0.17% |
| 85 | INVESCO EXCH TRD SLF IDX FD | IVZ | 47,116 | $974,359 | 0.17% |
| 86 | LIMONEIRA CO | LMNR | 60,010 | $939,157 | 0.17% |
| 87 | EDISON INTL | 281020107 | 17,515 | $903,774 | 0.16% |
| 88 | EMERSON ELEC CO | EMR | 6,460 | $861,312 | 0.15% |
| 89 | DARDEN RESTAURANTS INC | DRI | 3,910 | $852,263 | 0.15% |
| 90 | ISHARES TR | 464287440 | 8,600 | $823,663 | 0.15% |
| 91 | THOR INDS INC | 885160101 | 8,502 | $755,063 | 0.13% |
| 92 | XCEL ENERGY INC | XELLL | 10,870 | $740,247 | 0.13% |
| 93 | WORKDAY INC | WDAY | 2,895 | $694,800 | 0.12% |
| 94 | WISDOMTREE TR | WT | 15,091 | $658,405 | 0.12% |
| 95 | META PLATFORMS INC | META | 891 | $657,689 | 0.12% |
| 96 | SHERWIN WILLIAMS CO | SHW | 1,875 | $643,800 | 0.11% |
| 97 | ISHARES GOLD TR | IAU | 9,717 | $605,952 | 0.11% |
| 98 | INVESCO EXCHANGE TRADED FD T | IVZ | 14,809 | $603,919 | 0.11% |
| 99 | INVESCO EXCH TRD SLF IDX FD | IVZ | 33,195 | $548,713 | 0.10% |
| 100 | BOEING CO | BA-PA | 2,612 | $547,292 | 0.10% |
| 101 | IMPINJ INC | PI | 4,800 | $533,136 | 0.09% |
| 102 | MASTERCARD INCORPORATED | MA | 940 | $528,471 | 0.09% |
| 103 | J P MORGAN EXCHANGE TRADED F | 46641Q837 | 9,907 | $502,087 | 0.09% |
| 104 | GOLDMAN SACHS ETF TR | NVGLF | 3,960 | $480,684 | 0.08% |
| 105 | SPDR S&P 500 ETF TR | SPY | 750 | $463,388 | 0.08% |
| 106 | VANGUARD INDEX FDS | 922908744 | 2,406 | $425,236 | 0.07% |
| 107 | ASTRAZENECA PLC | AZN | 6,085 | $425,220 | 0.07% |
| 108 | VERTIV HOLDINGS CO | VRT | 3,085 | $396,145 | 0.07% |
| 109 | NORTHROP GRUMMAN CORP | NOC | 792 | $395,984 | 0.07% |
| 110 | SYSCO CORP | SYY | 5,202 | $393,999 | 0.07% |
| 111 | CRISPR THERAPEUTICS AG | CRSP | 7,232 | $351,764 | 0.06% |
| 112 | ISHARES TR | 46434V282 | 5,475 | $351,112 | 0.06% |
| 113 | SELECT SECTOR SPDR TR | 81369Y605 | 6,576 | $344,359 | 0.06% |
| 114 | PHILIP MORRIS INTL INC | 718172109 | 1,872 | $341,034 | 0.06% |
| 115 | ISHARES TR | 464288356 | 6,098 | $339,903 | 0.06% |
| 116 | TEXAS INSTRS INC | 882508104 | 1,612 | $334,657 | 0.06% |
| 117 | TESLA INC | TSLA | 1,032 | $327,825 | 0.06% |
| 118 | PROCTER AND GAMBLE CO | 742718109 | 2,015 | $320,986 | 0.06% |
| 119 | ISHARES TR | 464287754 | 2,237 | $318,359 | 0.06% |
| 120 | GOLDMAN SACHS ETF TR | NVGLF | 7,904 | $313,473 | 0.06% |
| 121 | HOME DEPOT INC | HD | 832 | $304,883 | 0.05% |
| 122 | SELECT SECTOR SPDR TR | 81369Y100 | 3,456 | $303,458 | 0.05% |
| 123 | ISHARES TR | 464287556 | 2,284 | $289,008 | 0.05% |
| 124 | INTUITIVE SURGICAL INC | ISRG | 527 | $286,377 | 0.05% |
| 125 | WELLS FARGO CO NEW | 949746101 | 3,467 | $277,790 | 0.05% |
| 126 | STARBUCKS CORP | SBUX | 3,000 | $274,890 | 0.05% |
| 127 | CME GROUP INC | CME | 938 | $258,532 | 0.05% |
| 128 | SHOPIFY INC | SHOP | 2,120 | $244,542 | 0.04% |
| 129 | VISA INC | V | 684 | $243,017 | 0.04% |
| 130 | EXXON MOBIL CORP | XOM | 2,203 | $237,483 | 0.04% |
| 131 | BROOKFIELD CORP | 11271J107 | 3,787 | $234,226 | 0.04% |
| 132 | ISHARES BITCOIN TRUST ETF | IBIT | 3,813 | $233,394 | 0.04% |
| 133 | BOOKING HOLDINGS INC | BKNG | 40 | $231,570 | 0.04% |
| 134 | VEEVA SYS INC | VEEV | 798 | $229,808 | 0.04% |
| 135 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 948 | $214,713 | 0.04% |
| 136 | INVESCO QQQ TR | IVZ | 380 | $209,499 | 0.04% |
| 137 | SPDR GOLD TR | GLD | 686 | $209,113 | 0.04% |
| 138 | PROSHARES TR | 74347B607 | 2,600 | $203,710 | 0.04% |
| 139 | WATERS CORP | 941848103 | 577 | $201,396 | 0.04% |
| 140 | NUVEEN PFD & INCOME OPPORTUN | NU | 12,816 | $102,784 | 0.02% |
| 141 | VERIFYME INC | VRME | 126,675 | $95,450 | 0.02% |