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Institutional Investment Manager
Carnegie Investment Counsel
Carnegie Investment Counsel (CIK: 0001511506) incorporated in Ohio, located at 30300 Chagrin Boulevard, Pepper Pike, OH. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 287 holdings with a total value of $576,367,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 CLAYMORE EXCHANGE TRD FD TR 73,266 1,540,000 0.27%
102 WABTEC CORP 23,815 1,521,000 0.26%
103 VANGUARD INDEX FDS 8,521 1,515,000 0.26%
104 ISHARES TR 14,834 1,498,000 0.26%
105 SELECT SECTOR SPDR TR 67,987 1,476,000 0.26%
106 Prospect Capital Corp 1,475,000 1,404,000 0.24%
107 DOMINION ENERGY INC 19,234 1,384,000 0.24%
108 GLAXOSMITHKLINE PLC 33,436 1,381,000 0.24%
109 NOVARTIS A G 17,742 1,380,000 0.24%
110 UNION PAC CORP 19,272 1,376,000 0.24%
111 BERKSHIRE HATHAWAY INC DEL 10,659 1,374,000 0.24%
112 VANGUARD SPECIALIZED FUNDS 17,863 1,356,000 0.24%
113 ISHARES TR 24,231 1,343,000 0.23%
114 ISHARES TR 15,526 1,318,000 0.23%
115 MERCK & CO INC 25,915 1,311,000 0.23%
116 COSTCO WHSL CORP NEW 8,602 1,300,000 0.23%
117 DICKS SPORTING GOODS INC 32,425 1,267,000 0.22%
118 CLAYMORE EXCHANGE TRD FD TR 61,845 1,264,000 0.22%
119 ALTRIA GROUP INC 20,547 1,253,000 0.22%
120 HUNTINGTON INGALLS INDS INC 10,183 1,251,000 0.22%
121 LAZARD LTD 34,566 1,244,000 0.22%
122 NUANCE COMM 69,765 1,232,000 0.21%
123 INTEL CORP 39,954 1,231,000 0.21%
124 ISHARES TR 45,900 1,178,000 0.20%
125 VANGUARD INDEX FDS 10,232 1,135,000 0.20%
126 ISHARES TR 44,275 1,131,000 0.20%
127 METLIFE INC 25,274 1,128,000 0.20%
128 METTLER-TOLEDO 3,578 1,119,000 0.19%
129 VORNADO REALTY 12,456 1,102,000 0.19%
130 DUKE ENERGY CORP NEW 14,598 1,099,000 0.19%
131 ENERGY TRANSFER PRTNRS L P 37,346 1,097,000 0.19%
132 RAYTHEON CO 8,504 1,091,000 0.19%
133 ISHARES 39,200 1,074,000 0.19%
134 ISHARES TR 9,740 1,070,000 0.19%
135 SYSCO CORP 26,881 1,069,000 0.19%
136 GENERAL MLS INC 18,763 1,060,000 0.18%
137 MONDELEZ INTL INC 24,629 1,060,000 0.18%
138 SELECT SECTOR SPDR TR 20,697 1,033,000 0.18%
139 SELECT SECTOR SPDR TR 15,233 1,014,000 0.18%
140 SELECT SECTOR SPDR TR 19,747 1,001,000 0.17%
141 HEXCEL CORP NEW COM 23,949 992,000 0.17%
142 PROGRESSIVE CORP OHIO 31,300 978,000 0.17%
143 KINDER MORGAN INC DEL 58,514 963,000 0.17%
144 CONOCOPHILLIPS 24,279 944,000 0.16%
145 PPG INDS INC 10,053 941,000 0.16%
146 DDR CORP 55,135 939,000 0.16%
147 RYDEX ETF TRUST 12,971 939,000 0.16%
148 MEDTRONIC PLC 12,247 930,000 0.16%
149 REYNOLDS AMERICAN INC 18,484 923,000 0.16%
150 AUTOMATIC DATA PROCESSING IN 10,975 912,000 0.16%
Page 3 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-16-002742, filed 2016.02.03).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.