Long Road Investment Counsel portfolio
Concentrated managerType not verifiedPortfolio as of Sep 30, 2026 (Q3 2026) · filed with the SEC on Nov 4, 2026 · data updated on Nov 5, 2026 · Q3 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Long Road Investment Counsel reported a $259M portfolio of 80 companies (81 positions, counting each share class separately) to the SEC as of the end of Q3 2026. Its largest positions are GOOG, ORLY, ADP.
Sections with a free account
What changed this quarter
61 positions with a change (3 new, 1 added to, 55 trimmed, 2 sold). 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).
- Stryker−16%fewer sharesReduced5.0% → 3.8%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- AlphabetGOOG · GOOGL12.0%
- O Reilly AutomotiveORLY9.7%
- Automatic Data ProcessingADP5.3%
- FastenalFAST4.7%
- StrykerSYK3.8%
- Illinois Tool WorksITW3.7%
- AppleAAPL3.6%
- OracleORCL3.5%
- Intercontinental ExchangeICE2.9%
- Expeditors International of WashingtonEXPD2.4%
- StarbucksSBUX2.4%
- Idexx LaboratoriesIDXX2.2%
- Affiliated Managers GroupAMG2.0%
- AflacAFL1.9%
- RB GlobalRBA1.8%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Industrials 25%
- ● Consumer Discretionary 18%
- ● Health Care 14%
- ● Financials 13%
- ● Communication Services 12%
- ● Information Technology 11%
- ● Consumer Staples 4%
- ● Materials 2%
- ● No sector 2%
How its portfolio changed (8 quarters)
Q3 2026: 81
Q3 2026: 49%
Q3 2026: 2.8%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Type not verified. It meets the portfolio criteria of a concentrated manager, but its type is not verified: we found no official document that is enough to say what kind of entity it is. It may be an investment firm, but also an adviser adding up client accounts, a bank or a family vehicle. It counts in the tallies like the rest; keep that in mind when reading it. How the type is assigned
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
- Dalal StreetInvestment firm · $327M
- MuhlenkampInvestment firm · $345M
- Matthew 25 ManagementInvestment firm · $345M
- RR Advisors$346M
- Weybosset Research & Management$347M
- Stonehill Capital ManagementInvestment firm · $350M