# INVERNESS COUNSEL LLC /NY/

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 866361. Source: https://holderbook.com/funds/866361-inverness-counsel-llc-ny/

- Reported value: $1.8B
- Positions: 186
- Weight of the ten largest: 49.5%
- Filed: 2022-10-26

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 |
|---|---|---|---|---|---|
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $177.4M | 493,317 | 9.9% | 16 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $160.2M | 571,390 | 8.9% | 16 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $107.6M | 922,860 | 6.0% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $94.3M | 404,789 | 5.2% | 16 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $86.0M | 622,252 | 4.8% | 16 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $61.8M | 646,162 | 3.4% | 16 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $57.9M | 511,943 | 3.2% | 16 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $52.9M | 104,795 | 2.9% | 16 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $51.0M | 197,440 | 2.8% | 16 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $41.2M | 252,178 | 2.3% | 16 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $39.8M | 342,584 | 2.2% | 16 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $35.6M | 367,437 | 2.0% | 16 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $35.4M | 451,742 | 2.0% | 16 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $34.0M | 234,849 | 1.9% | 11 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $32.1M | 748,425 | 1.8% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $28.6M | 160,941 | 1.6% | 13 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $27.8M | 73,599 | 1.5% | 16 |
| FIRST REP BK SAN FRANCISCO C | [FRCB](https://holderbook.com/stocks/FRCB/) | $27.0M | 206,853 | 1.5% | 4 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $26.7M | 198,189 | 1.5% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $25.8M | 97,444 | 1.4% | 13 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $25.8M | 111,765 | 1.4% | 16 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $24.7M | 166,447 | 1.4% | 16 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $24.3M | 148,977 | 1.4% | 16 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $23.7M | 313,745 | 1.3% | 12 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $22.5M | 165,173 | 1.2% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $21.9M | 79,406 | 1.2% | 16 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $21.9M | 152,489 | 1.2% | 16 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $20.1M | 233,298 | 1.1% | 16 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $19.8M | 71,960 | 1.1% | 16 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $19.6M | 161,863 | 1.1% | 15 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $18.8M | 57,304 | 1.0% | 16 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $18.7M | 147,909 | 1.0% | 16 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $18.1M | 121,377 | 1.0% | 16 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $17.8M | 159,477 | 1.0% | 16 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $17.3M | 127,390 | 1.0% | 16 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $16.1M | 251,480 | 0.9% | 16 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $14.4M | 28,469 | 0.8% | 16 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $13.4M | 43,879 | 0.7% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $12.6M | 47,061 | 0.7% | 16 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $12.4M | 142,427 | 0.7% | 16 |
| LINDE PLC | [LINXXXX](https://holderbook.com/stocks/LINXXXX/) | $11.6M | 43,034 | 0.6% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $11.2M | 106,755 | 0.6% | 16 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $10.6M | 188,778 | 0.6% | 16 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $10.0M | 149,388 | 0.6% | 3 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $9.7M | 116,972 | 0.5% | 11 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $8.8M | 36,260 | 0.5% | 4 |
| CELANESE CORP DEL | [CE](https://holderbook.com/stocks/CE/) | $8.4M | 92,575 | 0.5% | 16 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $7.2M | 74,798 | 0.4% | 16 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $7.1M | 15,029 | 0.4% | 3 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $6.5M | 69,103 | 0.4% | 16 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $6.4M | 160,168 | 0.4% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $4.8M | 127,732 | 0.3% | 16 |
| XPLR INFRASTRUCTURE LP | [XIFR](https://holderbook.com/stocks/XIFR/) | $3.7M | 51,766 | 0.2% | 12 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $3.7M | 1,708 | 0.2% | 4 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $3.4M | 11,539 | 0.2% | 3 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $3.3M | 23,233 | 0.2% | 11 |
| ESSEX PPTY TR INC | [ESS](https://holderbook.com/stocks/ESS/) | $3.3M | 13,432 | 0.2% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.0M | 11,122 | 0.2% | 16 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.6M | 11,574 | 0.1% | 16 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.1M | 5,922 | 0.1% | 16 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $2.1M | 9,644 | 0.1% | 9 |
| CATALENT INC | [CTLT](https://holderbook.com/stocks/CTLT/) | $2.0M | 27,713 | 0.1% | 4 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $2.0M | 6,796 | 0.1% | 10 |
| ZSCALER INC | [ZS](https://holderbook.com/stocks/ZS/) | $1.9M | 11,318 | 0.1% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.8M | 6,313 | 0.1% | 15 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $1.8M | 5,503 | 0.1% | 6 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $1.8M | 45,782 | 0.1% | 10 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.7M | 8,900 | 0.1% | 4 |
| SMITH MIDLAND CORP | [SMID](https://holderbook.com/stocks/SMID/) | $1.6M | 61,250 | 0.1% | 7 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.6M | 9,587 | 0.1% | 8 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $1.6M | 7,099 | 0.1% | 6 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $1.5M | 18,342 | 0.1% | 6 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.4M | 8,928 | 0.1% | 16 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.3M | 6,848 | 0.1% | 16 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $1.3M | 4,340 | 0.1% | 6 |
| GOLDMAN SACHS ETF TR | [GBIL](https://holderbook.com/stocks/GBIL/) | $1.3M | 13,000 | 0.1% | 1 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $1.3M | 16,070 | 0.1% | 16 |
| TRIMBLE INC | [TRMB](https://holderbook.com/stocks/TRMB/) | $1.3M | 23,552 | 0.1% | 3 |
| LVMH MOET HENNESSY LOU VUITTON ADR | [LVMUY](https://holderbook.com/stocks/LVMUY/) | $1.2M | 10,545 | 0.1% | 8 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.2M | 14,976 | 0.1% | 8 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $1.2M | 21,481 | 0.1% | 6 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $1.2M | 2,749 | 0.1% | 13 |
| PROSHARES TR | [QLD](https://holderbook.com/stocks/QLD/) | $1.1M | 30,000 | 0.1% | 1 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $1.1M | 3,832 | 0.1% | 6 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $1.1M | 26,255 | 0.1% | 16 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.0M | 12,565 | 0.1% | 10 |
| ARISTA NETWORKS INC | [ANETXXXX](https://holderbook.com/stocks/ANETXXXX/) | $1.0M | 9,092 | 0.1% | 6 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.0M | 14,212 | 0.1% | 1 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $963.0K | 6,453 | 0.1% | 3 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $921.0K | 21,157 | 0.1% | 12 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $912.0K | 14,400 | 0.1% | 6 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $908.0K | 8,092 | 0.1% | 3 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $857.0K | 13,432 | 0.0% | 3 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $849.0K | 19,406 | 0.0% | 16 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $843.0K | 4,942 | 0.0% | 3 |
| PLAINS GP HLDGS L P | [PAGP](https://holderbook.com/stocks/PAGP/) | $820.0K | 75,150 | 0.0% | 1 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $811.0K | 1,952 | 0.0% | 4 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $765.0K | 4,501 | 0.0% | 7 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $764.0K | 2,851 | 0.0% | 6 |
| VALLEY NATL BANCORP | [VLY](https://holderbook.com/stocks/VLY/) | $763.0K | 70,659 | 0.0% | 1 |

## 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 |
|---|---|---|---|---|
| Q3 2022 | -3.6% | -5.3% | +1.7% | 100% |
| Q2 2022 | -16.4% | -16.5% | +0.0% | 100% |
| Q1 2022 | -9.3% | -4.9% | -4.4% | 100% |
| Q4 2021 | +12.1% | +10.7% | +1.4% | 100% |
| Q3 2021 | +1.1% | +0.3% | +0.9% | 100% |
| Q2 2021 | +10.7% | +8.0% | +2.7% | 100% |
| Q1 2021 | +2.7% | +6.0% | -3.3% | 100% |
| Q4 2020 | +11.2% | +11.6% | -0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $1.8B | 186 |
| Q2 2022 | $1.8B | 169 |
| Q1 2022 | $2.2B | 189 |
| Q4 2021 | $2.7B | 190 |
| Q3 2021 | $2.7B | 178 |
| Q2 2021 | $2.7B | 176 |
| Q1 2021 | $2.4B | 153 |
| Q4 2020 | $2.4B | 145 |
| Q3 2020 | $2.2B | 134 |
| Q2 2020 | $2.0B | 125 |
| Q1 2020 | $1.6B | 117 |
| Q4 2019 | $2.1B | 129 |