SFE Investment Counsel
SEC Form 13F institutional filer · CIK 0001317784
13F-HR · 95 reported holdings · 2026-03-31
Reported long-US-equity value
$0.54B
Top-10 concentration
36.2%
SFE Investment Counsel — $544M AUM allocation strategy
SFE Investment Counsel files SEC Form 13F and reports $544M of long US equity value across 95 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 22.8%, followed by Financials 10.8% and Consumer Discretionary 5.4%.
The top 10 holdings account for 36% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
SFE Investment Counsel — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$544M
total across 95 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
36% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVZ +108K sh · +$1.71M+$WY +50.9K sh · +$1.36M+$MRVL +26.8K sh · +$3.07M
Biggest trims (shares)
−$FISV −21.1K sh · −$1.52M−$EXPE −12.2K sh · −$4.13M−$NEE −8.41K sh · +$1.53M
Exited to nil (held last quarter, gone now)
$V ($240K last qtr)$HD ($216K last qtr)$BKNG ($214K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors12.3%—
- Systems Software6.4%—
- Asset Management & Custody Banks5.4%—
- Diversified Banks5.4%—
- Interactive Media & Services4.2%—
- Technology Hardware, Storage & Peripherals4.1%—
- Oil & Gas Storage & Transportation3.4%—
- Broadline Retail3.0%—
- Other holdings55.8%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $IVZ | Invesco Ltd | 1.55M | $29.6M | +108K | 5.4% |
| $NVDA | NVIDIA Corporation | 136K | $23.8M | +766 | 4.4% |
| $AAPL | Apple Inc | 86.9K | $22M | -121 | 4.1% |
| $MSFT | Microsoft Corporation | 57.3K | $21.2M | +2.29K | 3.9% |
| $OKE | ONEOK Inc | 205K | $18.5M | -1.53K | 3.4% |
| $AVGO | Broadcom Inc | 57.9K | $17.9M | +5.43K | 3.3% |
| $JPM | JP Morgan Chase & Co | 59.6K | $17.5M | -1.22K | 3.2% |
| $AMZN | Amazon.com Inc | 79.6K | $16.6M | +6.38K | 3.1% |
| $NEE | NextEra Energy Inc | 175K | $16.2M | -8.41K | 3.0% |
| $PANW | Palo Alto Networks Inc | 84.5K | $13.6M | +5.21K | 2.5% |
…and 85 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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