Q1 2026 13F · SEC CIK 1388142

Bedell Frazier Investment Counselling, LLC

Investment managerFiled 2026-05-15 for Q1 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $495.0M
Reported positions: 128
Top holdings a year, 3 yrs: +17.3%
Average holding period: 9.8 yrs

Bedell Frazier Investment Counselling, LLC is an investment manager that reported 128 positions worth $495.0M in its Q1 2026 13F, filed 2026-05-15. Its largest holdings were Apple Inc (AAPL, 8.4%), Spdr Gold Tr (GLD, 5.6%), Alphabet Inc (GOOGL, 5.3%). A portfolio copying its top holdings returned 17.3% a year over the last 3 years, against 20.4% for the S&P 500.

Bedell Frazier Investment Counselling, LLC holdings largest 50 of 128 positions.

Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Bedell Frazier Investment Counselling, LLC 13F holdings
Stock	% of 13F value	Q4 2025	Shares	Share change	Reported value
AAPLApple Inc	8.4%	8.5%	163,204	+1.2%	$41.4M
GLDSpdr Gold Tr	5.6%	5.0%	64,755	-1.9%	$27.9M
GOOGLAlphabet Inc	5.3%	5.5%	90,548	-0.3%	$26.0M
AMZNAmazon Com Inc	5.2%	5.2%	122,640	+5.1%	$25.5M
JNJJohnson & Johnson	2.6%	2.4%	53,183	-11.6%	$13.0M
XOMExxon Mobil Corp	2.5%	1.8%	74,093	-2.7%	$12.6M
SDSProshares Tr	2.5%	—	164,233	—	$12.4M
LLYEli Lilly & Co	2.4%	2.7%	12,980	+0.8%	$11.9M
MSFTMicrosoft Corp	2.3%	2.8%	31,182	+3.7%	$11.5M
LMTLockheed Martin Corp	2.3%	1.9%	19,091	-5.5%	$11.5M
KOCoca Cola Co	2.3%	2.0%	149,966	-1.3%	$11.4M
IYTIshares Tr	2.2%	2.1%	145,339	+1.0%	$10.8M
METAMeta Platforms Inc	2.1%	2.0%	17,973	+13.0%	$10.3M
PDBCInvesco Actvely Mngd Etc Fd	2.0%	1.5%	586,036	+2.1%	$10.2M
CCitigroup Inc	2.0%	1.8%	86,428	+8.4%	$9.8M
IBMInternational Business Machs	1.7%	2.0%	34,627	+1.2%	$8.4M
EQTEqt Corp	1.7%	1.3%	129,472	-0.1%	$8.2M
UTFCohen & Steers Infrastructur	1.6%	1.5%	309,461	-2.7%	$8.0M
NVDANvidia Corporation	1.6%	1.6%	45,119	+2.3%	$7.9M
DYNFBlackrock ETF Trust	1.6%	1.5%	134,052	+3.0%	$7.8M
FCXFreeport Mcmoran Inc	1.6%	1.3%	132,112	-1.6%	$7.8M
ALBAlbemarle Corp	1.4%	1.1%	39,430	-0.9%	$7.1M
BLKBlackrock Inc	1.4%	1.4%	7,020	+1.1%	$6.8M
LINLinde PLC	1.3%	—	13,017	—	$6.5M
MCDMcdonalds Corp	1.2%	1.1%	19,843	+2.2%	$6.2M
BACBank of Amer Corp	1.2%	1.3%	123,501	-0.4%	$6.0M
DISDisney Walt Co	1.2%	1.3%	61,853	+1.0%	$6.0M
AGGIshares Tr	1.2%	1.0%	58,352	+11.2%	$5.8M
XLKSelect Sector Spdr Tr	1.1%	1.2%	42,420	-5.4%	$5.6M
REGNRegeneron Pharmaceuticals	1.1%	1.0%	6,900	+0.4%	$5.3M
ETNEaton Corp PLC	1.1%	0.9%	14,872	+2.5%	$5.3M
BABoeing Co	1.1%	1.1%	26,155	-0.0%	$5.2M
PICKIshares Inc	1.0%	0.8%	86,019	+9.9%	$4.9M
CRWDCrowdstrike Hldgs Inc	1.0%	1.1%	12,432	+1.3%	$4.9M
TSLATesla Inc	0.9%	1.0%	12,372	+3.0%	$4.6M
SCHWCharles Schwab Corp (the)	0.9%	0.7%	48,075	+24.2%	$4.5M
TSMTaiwan Semiconductor Manufac	0.9%	0.8%	13,133	-1.0%	$4.4M
COSTCostco Wholesale Corporation	0.8%	0.7%	4,209	+0.3%	$4.2M
ROKRockwell Automation Inc	0.8%	0.9%	11,621	-0.2%	$4.2M
PHOInvesco Exchange Traded Fd T	0.8%	0.8%	61,554	+0.6%	$4.1M
VZVerizon Communications Inc	0.8%	1.4%	81,131	-53.1%	$4.1M
JPMJpmorgan Chase & Co	0.8%	0.9%	13,836	-2.0%	$4.1M
CVXChevron Corporation	0.8%	—	19,416	—	$4.0M
EOGEog Res Inc	0.7%	—	24,407	—	$3.5M
XLFSelect Sector Spdr Tr	0.7%	0.7%	71,250	+0.5%	$3.5M
XLISelect Sector Spdr Tr	0.7%	0.6%	21,109	+0.2%	$3.4M
NFLXNetflix Inc.	0.7%	—	33,788	—	$3.2M
XLBSelect Sector Spdr Tr	0.7%	—	64,831	—	$3.2M
AMDAdvanced Micro Devices Inc	0.6%	0.6%	15,478	+2.2%	$3.1M
CELHCelsius Holding Inc.	0.6%	0.8%	86,721	+0.1%	$3.1M

What Bedell Frazier Investment Counselling, LLC bought and sold in Q1 2026, against Q4 2025.

New positions

Q4 2025's filing was too long to tell new positions apart.

Added to

SCHW Charles Schwab Corp (the)+24.2% shares
META Meta Platforms Inc+13.0% shares
AGG Ishares Tr+11.2% shares
PICK Ishares Inc+9.9% shares
C Citigroup Inc+8.4% shares
AMZN Amazon Com Inc+5.1% shares

Reduced

VZ Verizon Communications Inc-53.1% shares
JNJ Johnson & Johnson-11.6% shares
LMT Lockheed Martin Corp-5.5% shares
XLK Select Sector Spdr Tr-5.4% shares

Left the top 50

Share counts compared with the Q4 2025 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +24.4% /yr; S&P 500 +20.1%
3 years: +17.3% /yr; S&P 500 +20.4%
5 years: +11.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q1 2026	$495.0M	128
Q4 2025	$518.3M	133
Q3 2025	$486.6M	129
Q2 2025	$397.2M	110
Q1 2025	$392.8M	102
Q4 2024	$403.6M	107
Q3 2024	$418.5M	101
Q2 2024	$414.7M	96
Q1 2024	$400.1M	96
Q4 2023	$363.5M	87
Q3 2023	$334.2M	86
Q2 2023	$341.4M	86

Questions about Bedell Frazier Investment Counselling, LLC's portfolio

What stocks does Bedell Frazier Investment Counselling, LLC own?

Bedell Frazier Investment Counselling, LLC's latest 13F, for Q1 2026 and filed May 15, 2026, lists 128 positions worth $495.0M. The largest are Apple Inc (AAPL) at 8.4%, Spdr Gold Tr (GLD) at 5.6%, Alphabet Inc (GOOGL) at 5.3%, Amazon Com Inc (AMZN) at 5.2% and Johnson & Johnson (JNJ) at 2.6%.

What did Bedell Frazier Investment Counselling, LLC buy last quarter?

In Q1 2026, Bedell Frazier Investment Counselling, LLC added Charles Schwab Corp (the) (SCHW) (+24.2% shares), Meta Platforms Inc (META) (+13.0% shares) and Ishares Tr (AGG) (+11.2% shares), compared with its Q4 2025 filing.

What did Bedell Frazier Investment Counselling, LLC sell last quarter?

In Q1 2026, Bedell Frazier Investment Counselling, LLC cut from its top 50 Uber Technologies Inc (UBER), cut from its top 50 Select Sector Spdr Tr (XLU), cut from its top 50 Arista Networks Inc (ANET), cut from its top 50 Ishares Inc (EWZ), cut from its top 50 Nike Inc (NKE), Verizon Communications Inc (VZ) (-53.1% shares), Johnson & Johnson (JNJ) (-11.6% shares) and Lockheed Martin Corp (LMT) (-5.5% shares), compared with its Q4 2025 filing.

How has Bedell Frazier Investment Counselling, LLC's portfolio performed?

A portfolio copying Bedell Frazier Investment Counselling, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +24.4% against +20.1%. Over 5 years: +11.1% a year against +11.6%.

When is Bedell Frazier Investment Counselling, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Bedell Frazier Investment Counselling, LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.