Long Road Investment Counsel, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| OREILLY AUTOMOTIVE INC | ORLY | $27.9M | 303,265 | -0.68pp | 31q | HELD | |
| ALPHABET INC | GOOG | $17.2M | 48,549 | +0.83pp | 31q | -0.5%-$88.3K | |
| ALPHABET INC | GOOGL | $16.6M | 46,405 | +0.88pp | 31q | HELD | |
| STRYKER CORPORATION | SYK | $13.5M | 42,907 | -0.56pp | 31q | HELD | |
| AUTOMATIC DATA PROCESSING IN | ADP | $12.0M | 53,409 | +0.15pp | 31q | HELD | |
| FASTENAL CO | FAST | $11.9M | 247,990 | -0.12pp | 31q | HELD | |
| ILLINOIS TOOL WKS INC | ITW | $10.4M | 38,576 | -0.09pp | 31q | HELD | |
| ORACLE CORP | ORCL | $9.6M | 65,589 | -0.24pp | 31q | HELD | |
| APPLE INC | AAPL | $8.4M | 29,100 | +0.21pp | 31q | HELD | |
| STARBUCKS CORP | SBUX | $7.0M | 68,570 | +0.17pp | 31q | HELD | |
| RB GLOBAL INC | RBA | $6.8M | 58,140 | +0.31pp | 12q | HELD | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $6.2M | 50,735 | -0.83pp | 31q | HELD | |
| EXPEDITORS INTL WASH INC | EXPD | $6.0M | 36,875 | +0.14pp | 31q | HELD | |
| IDEXX LABS INC | IDXX | $6.0M | 11,307 | -0.30pp | 31q | HELD | |
| GE AEROSPACE | GE | $5.4M | 14,324 | +0.38pp | 20q | HELD | |
| AFFILIATED MANAGERS GROUP | AMG | $5.2M | 15,481 | +0.24pp | 31q | -0.6%-$33.8K | |
| AFLAC INC | AFL | $5.2M | 44,650 | +0.01pp | 31q | HELD | |
| AIR PRODUCTS AND CHEMICALS I | APD | $4.4M | 14,935 | -0.09pp | 31q | HELD | |
| GE VERNOVA INC | GEV | $4.2M | 3,569 | +0.32pp | 9q | HELD | |
| WEX INC | WEX | $3.9M | 27,904 | -0.23pp | 25q | HELD | |
| PEPSICO INC | PEP | $3.9M | 28,580 | -0.32pp | 31q | HELD | |
| THERMO FISHER SCIENTIFIC INC | TMO | $3.9M | 7,691 | -0.07pp | 31q | HELD | |
| DORMAN PRODS INC | DORM | $3.9M | 28,250 | +0.26pp | 31q | HELD | |
| JOHNSON & JOHNSON | JNJ | $3.8M | 14,795 | -0.03pp | 31q | HELD | |
| OMNICOM GROUP INC | OMC | $3.7M | 51,403 | -0.14pp | 31q | HELD | |
| STATE STR CORP | STT | $3.7M | 22,001 | +0.28pp | 31q | HELD | |
| CHEESECAKE FACTORY INC | CAKE | $3.5M | 43,920 | +0.34pp | 31q | HELD | |
| GILEAD SCIENCES INC | GILD | $3.2M | 24,950 | -0.20pp | 31q | HELD | |
| BORGWARNER INC | BWA | $3.1M | 47,030 | +0.15pp | 31q | HELD | |
| LAUDER ESTEE COS INC | EL | $2.7M | 34,484 | +0.03pp | 31q | HELD | |
| BECTON DICKINSON & CO | BDX | $2.5M | 16,349 | -0.10pp | 31q | HELD | |
| CINTAS CORP | CTAS | $2.3M | 13,800 | -0.05pp | 31q | HELD | |
| BROADRIDGE FINL SOLUTIONS IN | BR | $2.3M | 16,950 | -0.22pp | 31q | HELD | |
| STATE STR SPDR S&P 500 ETF T | SPY | $2.0M | 2,639 | +0.04pp | 31q | -1.5%-$29.9K | |
| GEN DIGITAL INC | GEN | $1.9M | 76,425 | +0.14pp | 27q | HELD | |
| MICROSOFT CORP | MSFT | $1.7M | 4,567 | -0.04pp | 31q | HELD | |
| MOODYS CORP | MCO | $1.7M | 3,679 | -0.02pp | 31q | HELD | |
| ABBVIE INC | ABBV | $1.6M | 6,335 | +0.05pp | 31q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $1.5M | 2 | -0.01pp | 31q | HELD | |
| FIDELITY NATL INFORMATION SV | FIS | $1.4M | 36,827 | -0.15pp | 28q | HELD | |
| ISHARES TR | EFA | $1.4M | 13,640 | flat | 31q | HELD | |
| SYSCO CORP | SYY | $1.4M | 16,360 | +0.05pp | 31q | HELD | |
| CARMAX INC | KMX | $1.3M | 24,960 | +0.08pp | 31q | HELD | |
| JPMORGAN CHASE & CO | JPM | $1.3M | 3,932 | +0.02pp | 6q | HELD | |
| ABBOTT LABORATORIES | ABT | $1.2M | 13,485 | -0.09pp | 31q | HELD | |
| PHINIA INC | PHIN | $1.2M | 14,826 | +0.05pp | 12q | HELD | |
| STATE STR SPDR S&P MIDCAP 40 | MDY | $1.2M | 1,720 | flat | 31q | -7.0%-$91.4K | |
| VANGUARD INTL EQUITY INDEX F | VWO | $1.2M | 19,500 | +0.02pp | 24q | HELD | |
| WORKDAY INC | WDAY | $1.1M | 9,391 | -0.05pp | 6q | HELD | |
| INTUIT | INTU | $1.1M | 4,370 | -0.32pp | 31q | HELD | |
| BOOT BARN HLDGS INC | BOOT | $1.1M | 6,471 | +0.02pp | 11q | HELD | |
| EQUIFAX INC | EFX | $934.1K | 5,885 | -0.07pp | 31q | HELD | |
| ACCENTURE PLC IRELAND | ACN | $914.6K | 7,350 | -0.24pp | 31q | HELD | |
| COSTCO WHOLESALE CORPORATION | COST | $877.5K | 938 | -0.04pp | 23q | HELD | |
| PROCTER & GAMBLE CO | PG | $858.0K | 5,851 | -0.02pp | 31q | HELD | |
| WATERS CORP | WAT | $832.6K | 2,220 | +0.05pp | 2q | HELD | |
| AMGEN INC | AMGN | $796.7K | 2,200 | -0.01pp | 10q | HELD | |
| SCOTTS MIRACLE-GRO CO | SMG | $795.2K | 11,675 | +0.01pp | 31q | HELD | |
| KNIGHT-SWIFT TRANSN HLDGS IN | KNX | $728.5K | 9,355 | +0.05pp | 30q | -2.1%-$15.6K | |
| INTEL CORP | INTC | $700.2K | 5,015 | +0.17pp | 2q | HELD | |
| GENTEX CORP | GNTX | $664.6K | 26,300 | +0.02pp | 31q | HELD | |
| PAYPAL HLDGS INC | PYPL | $660.7K | 15,300 | -0.03pp | 31q | HELD | |
| JACOBS SOLUTIONS INC | J | $601.7K | 4,775 | -0.02pp | 16q | HELD | |
| MEDTRONIC PLC | MDT | $571.1K | 7,300 | -0.04pp | 31q | HELD | |
| GE HEALTHCARE TECHNOLOGIES I | GEHC | $518.4K | 8,099 | -0.04pp | 14q | -1.3%-$7.0K | |
| VISA INC | V | $510.2K | 1,487 | +0.01pp | 6q | HELD | |
| EXXON MOBIL CORP | XOMXXXX | $488.0K | 3,569 | -0.14pp | 31q | -26.4%-$175.0K | |
| IRON MTN INC DEL | IRM | $442.1K | 3,500 | +0.02pp | 6q | HELD | |
| NORTHERN TR CORP | NTRS | $425.9K | 2,450 | +0.02pp | 5q | HELD | |
| TRACTOR SUPPLY CO | TSCO | $418.8K | 13,250 | -0.08pp | 31q | HELD | |
| DELL TECHNOLOGIES INC | DELL | $358.1K | 830 | - | new | NEW | |
| ECOLAB INC | ECL | $356.6K | 1,280 | flat | 31q | HELD | |
| MASTERCARD INCORPORATED | MA | $341.5K | 665 | flat | 6q | HELD | |
| ADOBE INC | ADBE | $326.4K | 1,592 | -0.04pp | 31q | -2.5%-$8.2K | |
| PFIZER INC | PFE | $314.1K | 13,043 | -0.03pp | 30q | HELD | |
| MORGAN STANLEY | MS | $305.4K | 1,461 | +0.02pp | 5q | HELD | |
| LOWES COS INC | LOW | $280.0K | 1,270 | -0.02pp | 11q | -3.1%-$8.8K | |
| F5 INC | FFIV | $249.6K | 600 | - | new | NEW | |
| BANK OF NY MELLON CORP | BNY | $231.4K | 1,600 | - | new | NEW | |
| BP PLC | BP | $218.0K | 5,900 | -0.03pp | 4q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $61.5M | 22.7% |
| Retail & Consumer | $56.6M | 20.9% |
| Business Services | $23.2M | 8.6% |
| Biotech & Pharma | $17.6M | 6.5% |
| Medical Devices | $17.1M | 6.3% |
| Capital Markets | $11.8M | 4.3% |
| Industrials | $10.4M | 3.8% |
| Semiconductors & Electronics | $10.2M | 3.8% |
| Chemicals | $9.1M | 3.4% |
| Computer Hardware | $9.0M | 3.3% |
| Autos & Aerospace | $8.9M | 3.3% |
| Transport & Logistics | $6.7M | 2.5% |
| Other sectors | $25.9M | 9.6% |
| Not classified | $3.1M | 1.1% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $271.3M | 80 | 3 | 0 | 9 | 1 | 49.6% | 45 |
| Q1 2026 | $255.0M | 78 | 2 | 33 | 1 | 3 | 49.8% | 38 |
| Q4 2025 | $264.0M | 79 | 1 | 19 | 34 | 2 | 49.7% | 35 |
| Q3 2025 | $282.5M | 80 | 2 | 0 | 5 | 2 | 52.4% | 45 |
| Q2 2025 | $267.8M | 80 | 2 | 10 | 31 | 2 | 49.1% | 42 |
| Q1 2025 | $257.7M | 80 | 9 | 50 | 3 | 0 | 48.5% | 42 |
| Q4 2024 | $245.1K | 71 | 0 | 1 | 21 | 0 | 49.1% | 41 |
| Q3 2024 | $251.2K | 71 | 1 | 5 | 5 | 1 | 47.4% | 37 |
| Q2 2024 | $229.7K | 71 | 1 | 6 | 6 | 0 | 48.0% | 44 |
| Q1 2024 | $238.4K | 70 | 1 | 21 | 22 | 0 | 47.1% | 38 |
| Q4 2023 | $240.9K | 69 | 2 | 21 | 17 | 1 | 49.8% | 39 |
| Q3 2023 | $206.1K | 68 | 2 | 3 | 4 | 1 | 46.5% | 44 |
| Q2 2023 | $214.7K | 67 | 1 | 0 | 16 | 2 | 47.4% | 45 |
| Q1 2023 | $207.7K | 68 | 2 | 3 | 30 | 3 | 46.1% | 40 |
| Q4 2022 | $201.3K | 69 | 4 | 10 | 29 | 2 | 45.8% | 40 |
| Q3 2022 | $182.5M | 67 | 1 | 2 | 0 | 3 | 44.8% | 40 |
| Q2 2022 | $195.0M | 69 | 4 | 27 | 16 | 4 | 42.9% | 33 |
| Q1 2022 | $222.5M | 69 | 3 | 17 | 26 | 11 | 43.0% | 41 |
| Q4 2021 | $251.9M | 77 | 4 | 2 | 6 | 1 | 44.2% | 31 |
| Q3 2021 | $227.3M | 74 | 1 | 0 | 5 | 1 | 43.7% | 41 |
| Q2 2021 | $229.0M | 74 | 3 | 0 | 5 | 0 | 43.2% | 23 |
| Q1 2021 | $221.9M | 71 | 1 | 15 | 13 | 1 | 45.2% | 34 |
| Q4 2020 | $206.0M | 71 | 7 | 26 | 16 | 1 | 44.9% | 42 |
| Q3 2020 | $177.4M | 65 | 2 | 12 | 28 | 3 | 45.2% | 43 |
| Q2 2020 | $169.6M | 66 | 2 | 9 | 19 | 1 | 44.8% | 41 |
| Q1 2020 | $139.8M | 65 | 2 | 34 | 3 | 2 | 44.7% | 35 |
| Q4 2019 | $169.3M | 65 | 3 | 5 | 38 | 9 | 46.3% | 44 |
| Q3 2019 | $172.0M | 71 | 1 | 3 | 16 | 2 | 46.3% | 44 |
| Q2 2019 | $169.6M | 72 | 0 | 5 | 13 | 1 | 45.4% | 40 |
| Q1 2019 | $163.3M | 73 | 9 | 35 | 0 | 0 | 44.7% | 39 |
| Q4 2018 | $130.8M | 64 | 0 | 0 | 0 | 0 | 45.5% | 38 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.