Bedell Frazier Investment Counselling, LLC
SEC Form 13F institutional filer · CIK 0001388142
13F-HR · 92 reported holdings · 2026-03-31
Reported long-US-equity value
$0.41B
Top-10 concentration
44.1%
Bedell Frazier Investment Counselling, LLC — $406M AUM allocation strategy
Bedell Frazier Investment Counselling, LLC files SEC Form 13F and reports $406M of long US equity value across 92 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 17.0%, followed by Communication Services 8.9% and Financials 7.6%.
The top 10 holdings account for 44% 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.
Bedell Frazier Investment Counselling, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$406M
total across 92 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
44% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$XLB +24.1K sh · +$1.39M+$IVZ +12.5K sh · +$2.35M+$SCHW +9.37K sh · +$651K
Biggest trims (shares)
−$VZ −91.7K sh · −$2.97M−$NKE −56.8K sh · −$3.7M−$JNJ −6.96K sh · +$554K
Exited to nil (held last quarter, gone now)
$UBER ($11.6M last qtr)$XLU ($8.36M last qtr)$ANET ($7.14M last qtr)$VTI ($394K last qtr)$IWM ($355K 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)
- Technology Hardware, Storage & Peripherals10.2%—
- Interactive Media & Services8.9%—
- Broadline Retail6.3%—
- Pharmaceuticals6.1%—
- Asset Management & Custody Banks5.2%—
- Integrated Oil & Gas3.1%—
- Systems Software2.8%—
- Aerospace & Defense2.8%—
- Other holdings54.5%—
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 |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 163K | $41.4M | +1.91K | 10.2% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 90.5K | $26M | -227 | 6.4% |
| $AMZN | Amazon.com Inc | 123K | $25.5M | +6K | 6.3% |
| $IVZ | Invesco Ltd | 648K | $14.3M | +12.5K | 3.5% |
| $JNJ | Johnson & Johnson | 53.2K | $13M | -6.96K | 3.2% |
| $XOM | ExxonMobil Holdings Corporation | 74.1K | $12.6M | -2.06K | 3.1% |
| $LLY | Eli Lilly and Company | 13K | $11.9M | +99 | 2.9% |
| $MSFT | Microsoft Corporation | 31.2K | $11.5M | +1.13K | 2.8% |
| $LMT | Lockheed Martin Corporation | 19.1K | $11.5M | -1.11K | 2.8% |
| $KO | Coca-Cola Company | 150K | $11.4M | -2.05K | 2.8% |
…and 82 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.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.