# LODESTAR INVESTMENT COUNSEL LLC/IL

> Institutional holdings reported to the SEC as of Q2 2019 on Form 13F. CIK 1058949. Source: https://holderbook.com/funds/1058949-lodestar-investment-counsel-llc-il/

- Reported value: $973.9M
- Positions: 175
- Weight of the ten largest: 32.4%
- Filed: 2019-07-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $51.2M | 382,351 | 5.3% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $33.9M | 171,387 | 3.5% | 3 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $32.5M | 232,902 | 3.3% | 3 |
| NESTLE SA ADR | [NSRGY](https://holderbook.com/stocks/NSRGY/) | $31.8M | 307,165 | 3.3% | 3 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $29.5M | 292,672 | 3.0% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $29.1M | 208,630 | 3.0% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $28.0M | 131,376 | 2.9% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $27.7M | 247,462 | 2.8% | 3 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $27.3M | 325,273 | 2.8% | 3 |
| UNITED TECHNOLOGIES CORP | [UTX](https://holderbook.com/stocks/UTX/) | $24.1M | 185,445 | 2.5% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $24.1M | 142,739 | 2.5% | 3 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $23.5M | 156,091 | 2.4% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $23.0M | 21,302 | 2.4% | 3 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $22.6M | 269,016 | 2.3% | 3 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $22.3M | 76,051 | 2.3% | 3 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $20.2M | 109,359 | 2.1% | 3 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $19.4M | 105,196 | 2.0% | 3 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $17.0M | 86,372 | 1.7% | 3 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $16.8M | 337,931 | 1.7% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $16.7M | 150,846 | 1.7% | 3 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $15.7M | 109,802 | 1.6% | 3 |
| EVEREST GROUP LTD | [EG](https://holderbook.com/stocks/EG/) | $14.2M | 57,530 | 1.5% | 3 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $13.2M | 100,511 | 1.4% | 3 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $12.5M | 49,665 | 1.3% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $12.5M | 163,267 | 1.3% | 3 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $12.3M | 173,238 | 1.3% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $12.0M | 220,124 | 1.2% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $12.0M | 79,739 | 1.2% | 3 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $11.9M | 91,289 | 1.2% | 3 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $11.7M | 25,017 | 1.2% | 3 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $11.5M | 137,970 | 1.2% | 3 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $11.5M | 285,041 | 1.2% | 3 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $10.7M | 197,698 | 1.1% | 3 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $10.6M | 56,262 | 1.1% | 1 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $10.4M | 69,521 | 1.1% | 3 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $10.4M | 59,897 | 1.1% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $10.2M | 199,310 | 1.0% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $9.9M | 96,128 | 1.0% | 3 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $8.9M | 47,963 | 0.9% | 3 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $8.8M | 24,243 | 0.9% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $8.6M | 78,390 | 0.9% | 3 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $8.6M | 237,015 | 0.9% | 3 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $8.2M | 143,479 | 0.8% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $8.0M | 167,791 | 0.8% | 3 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $7.3M | 44,584 | 0.7% | 3 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $7.1M | 78,687 | 0.7% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $7.0M | 56,354 | 0.7% | 3 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $6.7M | 93,932 | 0.7% | 3 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $6.1M | 38,922 | 0.6% | 3 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $6.0M | 48,393 | 0.6% | 3 |
| FOMENTO ECONOMICO MEXICANO S | [FMX](https://holderbook.com/stocks/FMX/) | $5.9M | 60,858 | 0.6% | 3 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $5.7M | 86,667 | 0.6% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $5.7M | 67,948 | 0.6% | 3 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $5.2M | 102,238 | 0.5% | 3 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $5.2M | 113,720 | 0.5% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.9M | 4,547 | 0.5% | 3 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $4.5M | 26,656 | 0.5% | 3 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $4.1M | 24,975 | 0.4% | 3 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $4.0M | 16,645 | 0.4% | 3 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $3.7M | 86,656 | 0.4% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.4M | 11,760 | 0.4% | 3 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $3.4M | 34,918 | 0.3% | 3 |
| STARWOOD PPTY TR INC | [STWD](https://holderbook.com/stocks/STWD/) | $3.3M | 144,775 | 0.3% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $3.1M | 46,034 | 0.3% | 3 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $3.0M | 69,305 | 0.3% | 3 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $2.6M | 47,436 | 0.3% | 3 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $2.4M | 17,731 | 0.2% | 3 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $2.3M | 10,110 | 0.2% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.9M | 9,188 | 0.2% | 3 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.9M | 56,205 | 0.2% | 3 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $1.9M | 3,549 | 0.2% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.8M | 964 | 0.2% | 3 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $1.8M | 4,830 | 0.2% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.7M | 10,014 | 0.2% | 3 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $1.6M | 41,126 | 0.2% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.6M | 6,020 | 0.2% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.6M | 21,724 | 0.2% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.6M | 7,579 | 0.2% | 3 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $1.5M | 29,480 | 0.2% | 3 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $1.5M | 25,230 | 0.2% | 3 |
| TEXAS PAC LD TR | [TPL](https://holderbook.com/stocks/TPL/) | $1.4M | 1,800 | 0.1% | 3 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $1.4M | 5,930 | 0.1% | 3 |
| OMEGA HEALTHCARE INVS INC | [OHI](https://holderbook.com/stocks/OHI/) | $1.4M | 38,231 | 0.1% | 3 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.4M | 28,848 | 0.1% | 3 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $1.2M | 6,180 | 0.1% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.2M | 10,870 | 0.1% | 3 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.2M | 7,100 | 0.1% | 3 |
| BAXTER INTL INC | [BAX](https://holderbook.com/stocks/BAX/) | $1.1M | 13,939 | 0.1% | 3 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.1M | 9,800 | 0.1% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.1M | 14,121 | 0.1% | 3 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.1M | 18,876 | 0.1% | 3 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.1M | 13,754 | 0.1% | 3 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $1.1M | 8,910 | 0.1% | 3 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $1.1M | 11,401 | 0.1% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.0M | 3,791 | 0.1% | 3 |
| REINSURANCE GROUP AMER INC | [RGA](https://holderbook.com/stocks/RGA/) | $995.0K | 6,375 | 0.1% | 3 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $967.0K | 6,218 | 0.1% | 3 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $931.0K | 3,472 | 0.1% | 3 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $857.0K | 4,906 | 0.1% | 3 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $856.0K | 8,416 | 0.1% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2019 | +4.3% | +3.7% | +0.5% | 100% |
| Q1 2019 | +12.1% | +13.0% | -0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2019 | $973.9M | 175 |
| Q1 2019 | $935.1M | 169 |
| Q4 2018 | $820.8M | 167 |