# KCM INVESTMENT ADVISORS LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1109228. Source: https://holderbook.com/funds/1109228-kcm-investment-advisors-llc/

- Reported value: $3.4B
- Positions: 400
- Weight of the ten largest: 34.8%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $258.3M | 1,355,853 | 7.7% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $240.3M | 830,626 | 7.1% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $109.0M | 292,283 | 3.2% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $104.1M | 111,264 | 3.1% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $95.7M | 267,785 | 2.8% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $78.7M | 330,195 | 2.3% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $74.6M | 372,859 | 2.2% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $74.5M | 227,545 | 2.2% | 31 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $73.8M | 617,483 | 2.2% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $63.1M | 556,905 | 1.9% | 31 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $61.8M | 526,859 | 1.8% | 31 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $55.4M | 349,376 | 1.6% | 31 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $54.2M | 505,901 | 1.6% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $53.0M | 49,787 | 1.6% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $51.7M | 312,016 | 1.5% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $51.5M | 150,051 | 1.5% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $51.0M | 144,364 | 1.5% | 31 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $48.9M | 263,844 | 1.5% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $47.7M | 135,391 | 1.4% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $47.7M | 187,862 | 1.4% | 31 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $46.6M | 868,463 | 1.4% | 31 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $46.4M | 252,428 | 1.4% | 31 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $46.2M | 94,156 | 1.4% | 26 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $43.0M | 142,507 | 1.3% | 29 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $42.8M | 58,141 | 1.3% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $40.6M | 182,200 | 1.2% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $38.1M | 102,977 | 1.1% | 31 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $35.6M | 89,699 | 1.1% | 31 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $35.2M | 424,290 | 1.0% | 31 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $34.3M | 645,182 | 1.0% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $31.9M | 142,303 | 0.9% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $31.8M | 87,850 | 0.9% | 31 |
| VANGUARD WORLD FD | [VIS](https://holderbook.com/stocks/VIS/) | $31.2M | 86,620 | 0.9% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $31.0M | 42,903 | 0.9% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $30.7M | 349,649 | 0.9% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $29.5M | 24,625 | 0.9% | 31 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $28.4M | 84,860 | 0.8% | 10 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $28.2M | 37,737 | 0.8% | 31 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $26.4M | 200,509 | 0.8% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $25.0M | 170,753 | 0.7% | 31 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $24.2M | 205,546 | 0.7% | 28 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $23.3M | 61,642 | 0.7% | 31 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $20.9M | 57,619 | 0.6% | 16 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $20.4M | 31,825 | 0.6% | 15 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $19.2M | 76,198 | 0.6% | 31 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $18.9M | 67,740 | 0.6% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $17.9M | 314,395 | 0.5% | 31 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $17.1M | 57,047 | 0.5% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $16.3M | 60,362 | 0.5% | 31 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $16.2M | 24,728 | 0.5% | 30 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $15.6M | 89,316 | 0.5% | 18 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $14.9M | 29,758 | 0.4% | 31 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $14.1M | 92,479 | 0.4% | 31 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $13.6M | 299,863 | 0.4% | 31 |
| VANGUARD WORLD FD | [VDC](https://holderbook.com/stocks/VDC/) | $13.1M | 57,921 | 0.4% | 31 |
| WELLS FARGO & CO | [WFCPRL](https://holderbook.com/stocks/WFCPRL/) | $12.6M | 10,887 | 0.4% | 19 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $12.0M | 63,047 | 0.4% | 31 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $11.6M | 39,421 | 0.3% | 31 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $11.5M | 226,020 | 0.3% | 31 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $11.5M | 184,991 | 0.3% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $11.4M | 44,786 | 0.3% | 16 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $11.4M | 97,064 | 0.3% | 31 |
| VANECK ETF TRUST | [NLR](https://holderbook.com/stocks/NLR/) | $10.9M | 93,878 | 0.3% | 5 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $9.9M | 97,016 | 0.3% | 31 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $9.8M | 13,972 | 0.3% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $9.7M | 228,546 | 0.3% | 31 |
| VANGUARD WORLD FD | [VAW](https://holderbook.com/stocks/VAW/) | $8.9M | 38,862 | 0.3% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $8.9M | 11,839 | 0.3% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $8.6M | 93,216 | 0.3% | 31 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $8.2M | 52,670 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $8.1M | 84,422 | 0.2% | 31 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $8.1M | 29,024 | 0.2% | 8 |
| CURTISS WRIGHT CORP | [CW](https://holderbook.com/stocks/CW/) | $8.1M | 10,704 | 0.2% | 6 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $7.7M | 34,869 | 0.2% | 31 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $7.5M | 68,619 | 0.2% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $7.4M | 17,292 | 0.2% | 31 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $7.3M | 25,120 | 0.2% | 28 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $7.2M | 13,903 | 0.2% | 14 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $7.1M | 47,440 | 0.2% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $7.0M | 76,858 | 0.2% | 31 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $6.9M | 35,355 | 0.2% | 30 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $6.9M | 19,490 | 0.2% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $6.9M | 53,356 | 0.2% | 31 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $6.7M | 231,547 | 0.2% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $6.7M | 6,609 | 0.2% | 31 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $6.5M | 30,605 | 0.2% | 16 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $6.4M | 41,666 | 0.2% | 31 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $6.3M | 143,158 | 0.2% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $6.1M | 33,159 | 0.2% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $5.9M | 13,947 | 0.2% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $5.8M | 13,487 | 0.2% | 6 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $5.6M | 16,554 | 0.2% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $5.3M | 11,200 | 0.2% | 10 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $5.3M | 65,501 | 0.2% | 31 |
| FIDELITY COVINGTON TRUST | [FDIS](https://holderbook.com/stocks/FDIS/) | $5.2M | 50,674 | 0.2% | 17 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $5.2M | 163,934 | 0.2% | 31 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $5.1M | 15,446 | 0.2% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $5.1M | 7,969 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $4.6M | 53,463 | 0.1% | 28 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $4.5M | 18,842 | 0.1% | 31 |

## 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 2026 | +12.2% | +14.8% | -2.6% | 100% |
| Q1 2026 | -1.9% | -4.6% | +2.7% | 100% |
| Q4 2025 | +1.8% | +2.4% | -0.6% | 100% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 100% |
| Q2 2025 | +7.0% | +10.5% | -3.5% | 100% |
| Q1 2025 | -3.0% | -4.6% | +1.5% | 100% |
| Q4 2024 | +0.4% | +2.1% | -1.7% | 100% |
| Q3 2024 | +6.1% | +5.4% | +0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.4B | 400 |
| Q1 2026 | $3.0B | 393 |
| Q4 2025 | $3.1B | 394 |
| Q3 2025 | $3.1B | 383 |
| Q2 2025 | $3.0B | 378 |
| Q1 2025 | $2.8B | 362 |
| Q4 2024 | $2.9B | 367 |
| Q3 2024 | $3.0B | 373 |
| Q2 2024 | $2.8B | 367 |
| Q1 2024 | $2.7B | 376 |
| Q4 2023 | $2.5B | 365 |
| Q3 2023 | $2.3B | 365 |