Long Road Investment Counsel
Kalamazoo, MIfiles as Long Road Investment Counsel, LLC
$271m in 80 US stocks at the end of 30 June 2026. The top 10 are 49.6% of the money. It changed about 5.9% of the portfolio this quarter.
Value
$271m
Stocks
80
Top 10 share
49.6%
Turnover
5.9%
What changed this quarter
New
Bought for the first time this quarter.
- Dell TechnologiesDELL0.1% of the fund
- F5FFIV<0.1% of the fund
- Bank of New York MellonBNY<0.1% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- State STR Spdr S&P Midcap 40MDY0.4% of the fund-7%
- Knight-Swift Transportation HoldingsKNX0.3% of the fund-2%
- ExxonMobil HoldingsXOM0.2% of the fund-26%
- AdobeADBE0.1% of the fund-2%
- Lowe's CompaniesLOW0.1% of the fund-3%
Sold out
Sold their entire stake.
- Meta PlatformsMETA-100%
Holdings
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.7%
- Value
- $2m
- Shares
- 2,639
Held
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.6%
- Value
- $1m
- Shares
- 2
Held
- Ishares TREFA
- Share
- 0.5%
- Value
- $1m
- Shares
- 13,640
Held
- State STR Spdr S&P Midcap 40MDY
- Share
- 0.4%
- Value
- $1m
- Shares
- 1,720
-7%
- Vanguard Intl Equity Index FVWO
- Share
- 0.4%
- Value
- $1m
- Shares
- 19,500
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| O'Reilly AutomotiveORLY | 10.3% | $28m | 303,265 | Held |
| AlphabetGOOG | 6.3% | $17m | 48,549 | Held |
| AlphabetGOOGL | 6.1% | $17m | 46,405 | Held |
| StrykerSYK | 5.0% | $14m | 42,907 | Held |
| Automatic Data ProcessingADP | 4.4% | $12m | 53,409 | Held |
| FastenalFAST | 4.4% | $12m | 247,990 | Held |
| Illinois Tool WorksITW | 3.8% | $10m | 38,576 | Held |
| OracleORCL | 3.5% | $10m | 65,589 | Held |
| AppleAAPL | 3.1% | $8m | 29,100 | Held |
| StarbucksSBUX | 2.6% | $7m | 68,570 | Held |
| RB GlobalRBA | 2.5% | $7m | 58,140 | Held |
| Intercontinental ExchangeICE | 2.3% | $6m | 50,735 | Held |
| Expeditors International of WashingtonEXPD | 2.2% | $6m | 36,875 | Held |
| Idexx LaboratoriesIDXX | 2.2% | $6m | 11,307 | Held |
| General ElectricGE | 2.0% | $5m | 14,324 | Held |
| Affiliated Managers GroupAMG | 1.9% | $5m | 15,481 | Held |
| AflacAFL | 1.9% | $5m | 44,650 | Held |
| Air Products & ChemicalsAPD | 1.6% | $4m | 14,935 | Held |
| GE VernovaGEV | 1.5% | $4m | 3,569 | Held |
| WEXWEX | 1.5% | $4m | 27,904 | Held |
| PepsiCoPEP | 1.4% | $4m | 28,580 | Held |
| Thermo Fisher ScientificTMO | 1.4% | $4m | 7,691 | Held |
| Dorman ProductsDORM | 1.4% | $4m | 28,250 | Held |
| Johnson & JohnsonJNJ | 1.4% | $4m | 14,795 | Held |
| Omnicom GroupOMC | 1.4% | $4m | 51,403 | Held |
| State StreetSTT | 1.4% | $4m | 22,001 | Held |
| Cheesecake FactoryCAKE | 1.3% | $3m | 43,920 | Held |
| Gilead SciencesGILD | 1.2% | $3m | 24,950 | Held |
| BorgwarnerBWA | 1.2% | $3m | 47,030 | Held |
| Estee Lauder CompaniesEL | 1.0% | $3m | 34,484 | Held |
| Becton DickinsonBDX | 0.9% | $2m | 16,349 | Held |
| CintasCTAS | 0.9% | $2m | 13,800 | Held |
| Broadridge Financial SolutionsBR | 0.9% | $2m | 16,950 | Held |
| State STR Spdr S&P 500 ETF TSPY | 0.7% | $2m | 2,639 | Held |
| Gen DigitalGEN | 0.7% | $2m | 76,425 | Held |
| MicrosoftMSFT | 0.6% | $2m | 4,567 | Held |
| Moody'sMCO | 0.6% | $2m | 3,679 | Held |
| AbbVieABBV | 0.6% | $2m | 6,335 | Held |
| Berkshire Hathaway INC DELBRK-A | 0.6% | $1m | 2 | Held |
| Fidelity National Information ServicesFIS | 0.5% | $1m | 36,827 | Held |
| Ishares TREFA | 0.5% | $1m | 13,640 | Held |
| SyscoSYY | 0.5% | $1m | 16,360 | Held |
| CarMaxKMX | 0.5% | $1m | 24,960 | Held |
| JPMorgan ChaseJPM | 0.5% | $1m | 3,932 | Held |
| Abbott LaboratoriesABT | 0.5% | $1m | 13,485 | Held |
| PhiniaPHIN | 0.5% | $1m | 14,826 | Held |
| State STR Spdr S&P Midcap 40MDY | 0.4% | $1m | 1,720 | -7% |
| Vanguard Intl Equity Index FVWO | 0.4% | $1m | 19,500 | Held |
| WorkdayWDAY | 0.4% | $1m | 9,391 | Held |
| IntuitINTU | 0.4% | $1m | 4,370 | Held |
| Boot Barn HoldingsBOOT | 0.4% | $1m | 6,471 | Held |
| EquifaxEFX | 0.3% | $934,067 | 5,885 | Held |
| AccentureACN | 0.3% | $914,634 | 7,350 | Held |
| Costco WholesaleCOST | 0.3% | $877,471 | 938 | Held |
| Procter & GamblePG | 0.3% | $857,991 | 5,851 | Held |
| WatersWAT | 0.3% | $832,589 | 2,220 | Held |
| AmgenAMGN | 0.3% | $796,664 | 2,200 | Held |
| Scotts Miracle-GroSMG | 0.3% | $795,184 | 11,675 | Held |
| Knight-Swift Transportation HoldingsKNX | 0.3% | $728,474 | 9,355 | -2% |
| IntelINTC | 0.3% | $700,244 | 5,015 | Held |
| GentexGNTX | 0.2% | $664,601 | 26,300 | Held |
| PayPal HoldingsPYPL | 0.2% | $660,654 | 15,300 | Held |
| Jacobs SolutionsJ | 0.2% | $601,671 | 4,775 | Held |
| MedtronicMDT | 0.2% | $571,079 | 7,300 | Held |
| GE HealthCare TechnologiesGEHC | 0.2% | $518,449 | 8,099 | Held |
| VisaV | 0.2% | $510,175 | 1,487 | Held |
| ExxonMobil HoldingsXOM | 0.2% | $487,954 | 3,569 | -26% |
| Iron MountainIRM | 0.2% | $442,085 | 3,500 | Held |
| Northern TrustNTRS | 0.2% | $425,908 | 2,450 | Held |
| Tractor SupplyTSCO | 0.2% | $418,832 | 13,250 | Held |
| Dell TechnologiesDELL | 0.1% | $358,112 | 830 | New |
| EcolabECL | 0.1% | $356,621 | 1,280 | Held |
| MastercardMA | 0.1% | $341,544 | 665 | Held |
| AdobeADBE | 0.1% | $326,392 | 1,592 | -2% |
| PfizerPFE | 0.1% | $314,075 | 13,043 | Held |
| Morgan StanleyMS | 0.1% | $305,407 | 1,461 | Held |
| Lowe's CompaniesLOW | 0.1% | $280,022 | 1,270 | -3% |
| F5FFIV | <0.1% | $249,576 | 600 | New |
| Bank of New York MellonBNY | <0.1% | $231,376 | 1,600 | New |
| BPBP | <0.1% | $218,005 | 5,900 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 1.3% since 30 June 2025.
Where the money is
Industrials23.4%
Retail & consumer18.6%
Health care14.2%
Media & telecom13.8%
Financial services11.5%
Technology9.8%
Everyday goods3.6%
Materials2.0%
Energy0.3%
Real estate0.2%
Other2.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.