Capital Investment Counsel, Inc 13F annual report

Capital Investment Counsel, Inc is an investment fund managing more than $664 billion ran by Ron King. There are currently 181 companies in Mr. King’s portfolio. The largest investments include Apple Inc and NVIDIA Corp, together worth $204 billion.

$664 billion Assets Under Management (AUM)

As of 15th July 2024, Capital Investment Counsel, Inc’s top holding is 590,475 shares of Apple Inc currently worth over $124 billion and making up 18.7% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Capital Investment Counsel, Inc owns more than approximately 0.1% of the company. In addition, the fund holds 646,745 shares of NVIDIA Corp worth $79.9 billion, whose value fell 80.2% in the past six months. The third-largest holding is Costco Whsl Corp New worth $59.2 billion and the next is Microsoft worth $23.1 billion, with 51,728 shares owned.

Currently, Capital Investment Counsel, Inc's portfolio is worth at least $664 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Capital Investment Counsel, Inc

The Capital Investment Counsel, Inc office and employees reside in Raleigh, North Carolina. According to the last 13-F report filed with the SEC, Ron King serves as the Chief Compliance Officer at Capital Investment Counsel, Inc.

Recent trades

In the most recent 13F filing, Capital Investment Counsel, Inc revealed that it had opened a new position in Palo Alto Networks Inc and bought 1,450 shares worth $492 million. This means they effectively own approximately 0.1% of the company. Palo Alto Networks Inc makes up 0.2% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Apple Inc by buying 96,698 additional shares. This makes their stake in Apple Inc total 590,475 shares worth $124 billion. Apple Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Capital Investment Counsel, Inc is getting rid of from its portfolio. Capital Investment Counsel, Inc closed its position in Goldman Sachs on 22nd July 2024. It sold the previously owned 1,281 shares for $535 million. Ron King also disclosed a decreased stake in Lowes Cos Inc by 0.5%. This leaves the value of the investment at $12.5 billion and 56,864 shares.

One of the average hedge funds

The two most similar investment funds to Capital Investment Counsel, Inc are Moloney Securities Asset Management and Koch Industries Inc. They manage $664 billion and $662 billion respectively.


Ron King investment strategy

Capital Investment Counsel, Inc’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 30.4% of the total portfolio value. The fund focuses on investments in the United States as 56.9% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 52% of the total holdings value. On the other hand, small-cap stocks make up only 2.8% of the portfolio. The average market cap of the portfolio companies is close to $139 billion.

The complete list of Capital Investment Counsel, Inc trades based on 13F SEC filings

These positions were updated on July 22nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Apple Inc
19.58%
590,475
$124,365,750,000 18.74%
NVIDIA Corp
904.90%
646,745
$79,898,877,000 12.04%
Costco Whsl Corp New
6.96%
69,594
$59,153,868,000 8.92%
Microsoft Corporation
0.48%
51,728
$23,119,728,000 3.48%
Walmart Inc
7.71%
329,875
$22,335,858,000 3.37%
Amazon.com Inc.
14.03%
112,621
$21,764,008,000 3.28%
Alphabet Inc
12.93%
132,121
$24,199,548,000 3.65%
Applied Matls Inc
9.15%
69,200
$16,330,484,000 2.46%
Lowes Cos Inc
51.16%
56,864
$12,536,199,000 1.89%
Qualcomm, Inc.
2.37%
56,362
$11,226,195,000 1.69%
Adobe Inc
16.97%
20,161
$11,200,242,000 1.69%
Cisco Sys Inc
0.31%
229,390
$10,898,312,000 1.64%
Exxon Mobil Corp.
0.52%
82,312
$9,475,778,000 1.43%
Coca-Cola Co
1.82%
129,370
$8,234,425,000 1.24%
Fedex Corp
36.91%
24,257
$7,273,219,000 1.10%
Proshares Tr
11.57%
191,692
$12,790,161,000 1.93%
Lockheed Martin Corp.
6.31%
14,312
$6,685,135,000 1.01%
Procter And Gamble Co
0.68%
38,964
$6,425,893,000 0.97%
Price T Rowe Group Inc
5.47%
52,132
$6,011,371,000 0.91%
Oracle Corp.
7.50%
40,616
$5,734,944,000 0.86%
Meta Platforms Inc
5.47%
11,009
$5,550,730,000 0.84%
Skyworks Solutions, Inc.
68.28%
47,553
$5,068,199,000 0.76%
Sap SE
3.92%
24,833
$5,009,083,000 0.75%
Teradyne, Inc.
2.79%
33,528
$4,971,867,000 0.75%
Veeva Sys Inc
335.55%
25,262
$4,623,199,000 0.70%
United Parcel Service, Inc.
3.32%
30,715
$4,203,396,000 0.63%
Disney Walt Co
1.56%
42,186
$4,188,649,000 0.63%
Advanced Micro Devices Inc.
41.05%
24,977
$4,051,519,000 0.61%
Bank America Corp
7.46%
96,863
$3,852,228,000 0.58%
Automatic Data Processing In
7.01%
15,531
$3,706,997,000 0.56%
Caterpillar Inc.
2.79%
11,035
$3,675,759,000 0.55%
Intel Corp.
0.58%
115,896
$3,589,292,000 0.54%
Visa Inc
7.32%
12,666
$3,324,445,000 0.50%
Paychex Inc.
1.98%
26,233
$3,110,184,000 0.47%
Target Corp
1.81%
20,610
$3,051,100,000 0.46%
RTX Corp
7.70%
30,181
$3,029,871,000 0.46%
Wells Fargo Co New
11.25%
50,262
$2,985,065,000 0.45%
Palantir Technologies Inc.
2.87%
115,635
$2,929,035,000 0.44%
Helmerich & Payne, Inc.
3.05%
78,235
$2,827,422,000 0.43%
Sysco Corp.
1.62%
39,111
$2,792,150,000 0.42%
Johnson & Johnson
169.11%
19,080
$2,788,733,000 0.42%
KraneShares Trust
31.90%
97,357
$2,630,584,000 0.40%
Schwab Charles Corp
No change
35,425
$2,610,460,000 0.39%
Nike, Inc.
59.47%
32,928
$2,481,783,000 0.37%
Bancorp Inc. (The)
No change
65,639
$2,478,529,000 0.37%
Truist Finl Corp
0.39%
62,111
$2,413,012,000 0.36%
Select Sector Spdr Tr
0.13%
39,860
$4,746,514,000 0.72%
Alibaba Group Hldg Ltd
10.00%
28,319
$2,038,934,000 0.31%
PayPal Holdings Inc
4.71%
35,004
$2,031,282,000 0.31%
Home Depot, Inc.
No change
5,850
$2,013,745,000 0.30%
Lam Research Corp.
No change
1,845
$1,964,648,000 0.30%
Morgan Stanley
2.59%
19,783
$1,922,673,000 0.29%
Huntington Ingalls Inds Inc
3.09%
7,694
$1,895,263,000 0.29%
Verizon Communications Inc
1.12%
45,705
$1,884,887,000 0.28%
Kulicke & Soffa Inds Inc
7.45%
34,790
$1,711,320,000 0.26%
Northrop Grumman Corp.
11.87%
3,770
$1,643,532,000 0.25%
Globus Med Inc
0.43%
23,590
$1,615,679,000 0.24%
JPMorgan Chase & Co.
0.67%
7,482
$1,513,309,000 0.23%
Synopsys, Inc.
13.75%
2,510
$1,493,601,000 0.23%
AMGEN Inc.
2.10%
4,665
$1,457,724,000 0.22%
Spdr Ser Tr
23.95%
31,648
$1,556,270,000 0.23%
Cracker Barrel Old Ctry Stor
6.12%
33,750
$1,422,889,000 0.21%
Direxion Shs Etf Tr
93.54%
54,520
$2,345,513,000 0.35%
Kimberly-Clark Corp.
No change
10,019
$1,384,626,000 0.21%
Mcdonalds Corp
No change
5,346
$1,362,322,000 0.21%
Martin Marietta Matls Inc
No change
2,498
$1,353,416,000 0.20%
Corning, Inc.
7.97%
34,050
$1,322,843,000 0.20%
Expeditors Intl Wash Inc
No change
10,123
$1,263,295,000 0.19%
Duke Energy Corp.
0.61%
12,590
$1,261,896,000 0.19%
Dominion Energy Inc
8.74%
24,464
$1,198,736,000 0.18%
Chevron Corp.
No change
7,594
$1,187,853,000 0.18%
New York Times Co.
1.70%
22,701
$1,162,518,000 0.18%
Spdr S&p 500 Etf Tr
4.04%
2,114
$1,150,420,000 0.17%
Old Dominion Freight Line In
212.15%
5,650
$997,790,000 0.15%
Paccar Inc.
10.26%
9,675
$995,945,000 0.15%
Akamai Technologies Inc
6.36%
10,875
$979,620,000 0.15%
Toast, Inc.
No change
37,800
$974,106,000 0.15%
Gartner, Inc.
No change
2,090
$938,535,000 0.14%
Pfizer Inc.
29.90%
31,782
$889,260,000 0.13%
Kroger Co.
1.66%
17,783
$887,905,000 0.13%
Royal Bk Cda
9.44%
8,257
$878,380,000 0.13%
Hewlett Packard Enterprise C
1.23%
41,269
$873,655,000 0.13%
Dell Technologies Inc
97.53%
6,327
$872,527,000 0.13%
Titan Intl Inc Ill
2.21%
117,383
$869,808,000 0.13%
Novo-nordisk A S
3.51%
5,900
$842,166,000 0.13%
Ishares Tr
1.61%
46,065
$2,669,387,000 0.40%
Micron Technology Inc.
22.00%
6,100
$802,333,000 0.12%
F5 Inc
No change
4,205
$724,227,000 0.11%
Pepsico Inc
0.29%
4,172
$688,088,000 0.10%
Eli Lilly & Co
23.55%
745
$674,508,000 0.10%
Crowdstrike Holdings Inc
6.06%
1,750
$670,583,000 0.10%
International Business Machs
No change
3,847
$665,339,000 0.10%
Marvell Technology Inc
40.00%
9,121
$637,558,000 0.10%
HP Inc
0.59%
17,091
$598,526,000 0.09%
GE Aerospace
4.81%
3,703
$588,666,000 0.09%
Tesla Inc
7.07%
2,954
$584,538,000 0.09%
Colgate-Palmolive Co.
No change
6,000
$582,240,000 0.09%
Check Point Software Tech Lt
12.55%
3,485
$575,025,000 0.09%
Goldman Sachs Group, Inc.
Closed
1,281
$535,061,000
Schlumberger Ltd.
0.89%
11,321
$534,132,000 0.08%
Merck & Co Inc
No change
4,081
$505,228,000 0.08%
Pinnacle Finl Partners Inc
No change
6,286
$503,131,000 0.08%
Dollar Gen Corp New
No change
3,791
$501,284,000 0.08%
Edwards Lifesciences Corp
14.50%
5,425
$501,107,000 0.08%
Palo Alto Networks Inc
Opened
1,450
$491,565,000 0.07%
Archer Daniels Midland Co.
0.02%
8,084
$488,678,000 0.07%
Value Line, Inc.
57.15%
11,274
$485,571,000 0.07%
Nucor Corp.
14.06%
3,055
$482,934,000 0.07%
Deere & Co.
No change
1,275
$476,378,000 0.07%
Intuit Inc
No change
700
$460,047,000 0.07%
Invesco Exchange Traded Fd T
11.48%
3,215
$495,709,000 0.07%
Berkshire Hathaway Inc.
5.15%
1,102
$448,294,000 0.07%
Arista Networks Inc
No change
1,275
$446,862,000 0.07%
Source Cap Inc
4.75%
10,018
$443,440,000 0.07%
Unilever plc
Closed
8,827
$443,027,000
Exponent Inc.
No change
4,650
$442,308,000 0.07%
Nutrien Ltd
No change
8,656
$440,644,000 0.07%
Live Nation Entertainment In
No change
4,595
$430,735,000 0.06%
Clorox Co.
18.42%
3,100
$423,057,000 0.06%
Franklin Resources, Inc.
10.93%
18,769
$419,487,000 0.06%
Ametek Inc
2.91%
2,500
$416,775,000 0.06%
Uber Technologies Inc
No change
5,250
$381,570,000 0.06%
CSX Corp.
No change
11,286
$377,517,000 0.06%
Boeing Co.
13.01%
2,006
$365,081,000 0.06%
BP plc
2.43%
10,055
$362,986,000 0.05%
Fidelity Covington Trust
3.52%
6,496
$388,353,000 0.06%
Hologic, Inc.
4.65%
4,724
$350,757,000 0.05%
The Southern Co.
No change
4,497
$348,807,000 0.05%
General Dynamics Corp.
No change
1,200
$348,168,000 0.05%
Fortinet Inc
No change
5,672
$341,851,000 0.05%
Morningstar Inc
No change
1,150
$340,228,000 0.05%
Coherent Corp
8.67%
4,521
$327,592,000 0.05%
Maplebear Inc
No change
10,000
$321,400,000 0.05%
Hunt J B Trans Svcs Inc
No change
2,000
$320,000,000 0.05%
Louisiana Pac Corp
No change
3,800
$312,854,000 0.05%
JD.com Inc
20.30%
11,850
$306,204,000 0.05%
Regeneron Pharmaceuticals, Inc.
No change
288
$302,697,000 0.05%
Rockwell Automation Inc
No change
1,090
$300,055,000 0.05%
Ollies Bargain Outlet Hldgs
No change
3,050
$299,419,000 0.05%
Tenable Holdings Inc
11.90%
6,739
$293,686,000 0.04%
Mastercard Incorporated
No change
644
$284,107,000 0.04%
Cincinnati Finl Corp
No change
2,342
$276,590,000 0.04%
Tjx Cos Inc New
No change
2,478
$272,828,000 0.04%
Weis Mkts Inc
3.59%
4,332
$271,920,000 0.04%
Hormel Foods Corp.
1.12%
8,850
$269,837,000 0.04%
Flex Ltd
No change
9,060
$267,179,000 0.04%
Broadridge Finl Solutions In
No change
1,352
$266,414,000 0.04%
TechnipFMC plc
No change
10,000
$261,500,000 0.04%
Toyota Motor Corporation
No change
1,238
$253,753,000 0.04%
Enbridge Inc
5.96%
6,955
$247,405,000 0.04%
AT&T Inc.
9.56%
12,842
$245,401,000 0.04%
Philip Morris International Inc
No change
2,417
$244,915,000 0.04%
Marathon Pete Corp
No change
1,400
$242,872,000 0.04%
Robert Half Inc
15.60%
3,705
$237,046,000 0.04%
Quanta Svcs Inc
No change
925
$235,033,000 0.04%
Altria Group Inc.
No change
5,127
$233,535,000 0.04%
Consolidated Edison, Inc.
0.57%
2,600
$232,492,000 0.04%
Conocophillips
22.42%
2,015
$230,476,000 0.03%
Clean Harbors, Inc.
No change
1,000
$226,150,000 0.03%
Abbott Labs
No change
2,106
$218,834,000 0.03%
Bristol-Myers Squibb Co.
1.32%
5,224
$216,953,000 0.03%
Abbvie Inc
No change
1,260
$216,115,000 0.03%
L3Harris Technologies Inc
Opened
935
$209,982,000 0.03%
Baidu Inc
No change
2,425
$209,714,000 0.03%
Occidental Pete Corp
Closed
3,102
$201,599,000
Genuine Parts Co.
No change
1,450
$200,564,000 0.03%
Whirlpool Corp.
Opened
1,960
$200,312,000 0.03%
Levi Strauss & Co.
8.26%
10,000
$192,800,000 0.03%
Empire St Rlty Tr Inc
Opened
19,800
$185,724,000 0.03%
Walgreens Boots Alliance Inc
6.60%
15,340
$185,537,000 0.03%
Ishares Tr
Opened
2,782
$226,815,000 0.03%
Transocean Ltd
No change
29,550
$158,093,000 0.02%
Vanguard Index Fds
19.45%
1,529
$421,392,000 0.06%
AMMO, Inc.
2.83%
72,600
$121,968,000 0.02%
Swiss Helvetia Fd Inc
No change
14,961
$120,735,000 0.02%
Nokia Corp
13.97%
29,777
$112,557,000 0.02%
BlackBerry Ltd
21.33%
30,585
$75,851,000 0.01%
Ishares Tr
Closed
658
$52,548,000
Heron Therapeutics Inc
27.17%
14,625
$51,188,000 0.01%
Rocket Lab Usa Inc
No change
10,000
$48,000,000 0.01%
Psq Holdings Inc
No change
11,430
$43,091,000 0.01%
Sirius XM Holdings Inc
No change
13,100
$37,073,000 0.01%
Invesco Exchange Traded Fd T
Opened
820
$38,218,000 0.01%
Select Sector Spdr Tr
Opened
276
$18,807,000 0.00%
Vanguard Index Fds
Opened
40
$8,722,000 0.00%
No transactions found
Showing first 500 out of 185 holdings