# EDGAR Filing Document

**Accession Number:** 0001388142
**File Stem:** 0001085146-23-000957
**Filing Date:** 2023-2
**Character Count:** 14729
**Document Hash:** c2453ff829897b9700b352e8200b7348
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000957.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001085146-23-000957

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bedell Frazier Investment Counseling, LLC
- **CENTRAL INDEX KEY:** 0001388142
- **IRS NUMBER:** 943325878
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1206

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12183
- **FILM NUMBER:** 23608173

**BUSINESS ADDRESS:**
- **STREET 1:** 200 PRINGLE AVENUE SUITE 555
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596
- **BUSINESS PHONE:** 9259320344

**MAIL ADDRESS:**
- **STREET 1:** 200 PRINGLE AVENUE SUITE 555
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Bedell Investment Counselling
- **DATE OF NAME CHANGE:** 20070129

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Bedell Frazier Investment Counseling LLC<br>**Address:** 200 PRINGLE AVENUE SUITE 555<br>WALNUT CREEK, CA 94596

**Form 13F File Number:** 028-12183

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Michael Frazier<br>**Title:** President  CEO<br>**Phone:** 925-932-0344

**Signature, Place, and Date of Signing:**

/s/ Michael Frazier  Walnut Creek, CA  02-09-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 101

**Form 13F Information Table Value Total:** $382199743

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 1734679 | 15800 | SH |  | SOLE |  | 0 | 0 | 15800 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 9774334 | 60481 | SH |  | SOLE |  | 0 | 0 | 60481 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 297493 | 884 | SH |  | SOLE |  | 0 | 0 | 884 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG001S5NN36 | 3450687 | 53276 | SH |  | SOLE |  | 0 | 0 | 53276 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 308260 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 8549693 | 96902 | SH |  | SOLE |  | 0 | 0 | 96902 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 527056 | 5940 | SH |  | SOLE |  | 0 | 0 | 5940 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 12898704 | 153556 | SH |  | SOLE |  | 0 | 0 | 153556 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 27960736 | 215198 | SH |  | SOLE |  | 0 | 0 | 215198 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 6214169 | 187626 | SH |  | SOLE |  | 0 | 0 | 187626 |
| BAXTER INTL INC | COM | 071813109 | BBG001S5P1K3 | 1122937 | 22031 | SH |  | SOLE |  | 0 | 0 | 22031 |
| BK OF AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 2009120 | 1732 | SH |  | SOLE |  | 0 | 0 | 1732 |
| BLOCK INC | CL A | 852234103 | BBG001TFLWL5 | 2058827 | 32763 | SH |  | SOLE |  | 0 | 0 | 32763 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 503465 | 2643 | SH |  | SOLE |  | 0 | 0 | 2643 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 462700 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 2351498 | 13101 | SH |  | SOLE |  | 0 | 0 | 13101 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 2165474 | 45455 | SH |  | SOLE |  | 0 | 0 | 45455 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 8502357 | 133664 | SH |  | SOLE |  | 0 | 0 | 133664 |
| COHEN  STEERS INFRASTRUCTUR | COM | 19248A109 | BBG001SJYNK5 | 4578539 | 190852 | SH |  | SOLE |  | 0 | 0 | 190852 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 5089812 | 43134 | SH |  | SOLE |  | 0 | 0 | 43134 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 | BBG001SD31G5 | 5552962 | 23961 | SH |  | SOLE |  | 0 | 0 | 23961 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 912273 | 1998 | SH |  | SOLE |  | 0 | 0 | 1998 |
| CRISPR THERAPEUTICS AG | NAMEN AKT | H17182108 | BBG00DBBGRY0 | 1124460 | 27662 | SH |  | SOLE |  | 0 | 0 | 27662 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 8132319 | 87266 | SH |  | SOLE |  | 0 | 0 | 87266 |
| DEVON ENERGY CORP NEW | COM | 25179M103 | BBG001S63VG4 | 725510 | 11795 | SH |  | SOLE |  | 0 | 0 | 11795 |
| DEXCOM INC | COM | 252131107 | BBG001SKZG99 | 226480 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 6958714 | 80096 | SH |  | SOLE |  | 0 | 0 | 80096 |
| DOLLAR TREE INC | COM | 256746108 | BBG001S6ZGL6 | 2304152 | 16291 | SH |  | SOLE |  | 0 | 0 | 16291 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 558319 | 9105 | SH |  | SOLE |  | 0 | 0 | 9105 |
| ENPHASE ENERGY INC | COM | 29355A107 | BBG001V28NC6 | 1917251 | 7236 | SH |  | SOLE |  | 0 | 0 | 7236 |
| ETF MANAGERS TR | PRIME CYBR SCRTY | 26924G201 | BBG007HXLJT7 | 445125 | 10105 | SH |  | SOLE |  | 0 | 0 | 10105 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 5695509 | 51637 | SH |  | SOLE |  | 0 | 0 | 51637 |
| FIRST TR EXCHANGE-TRADED FD | NY ARCA BIOTECH | 33733E203 | BBG001SQ1891 | 1018183 | 6606 | SH |  | SOLE |  | 0 | 0 | 6606 |
| GENERAL MTRS CO | COM | 37045V100 | BBG001SM1DK6 | 668427 | 19870 | SH |  | SOLE |  | 0 | 0 | 19870 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 1538405 | 4871 | SH |  | SOLE |  | 0 | 0 | 4871 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 214514 | 1001 | SH |  | SOLE |  | 0 | 0 | 1001 |
| IDEXX LABS INC | COM | 45168D104 | BBG001S5S4Y9 | 203980 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| ILLUMINA INC | COM | 452327109 | BBG001SF4NY1 | 734390 | 3632 | SH |  | SOLE |  | 0 | 0 | 3632 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 239747 | 9071 | SH |  | SOLE |  | 0 | 0 | 9071 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 2418518 | 17166 | SH |  | SOLE |  | 0 | 0 | 17166 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 | BBG001SPPQG9 | 3528738 | 68466 | SH |  | SOLE |  | 0 | 0 | 68466 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 1122933 | 4217 | SH |  | SOLE |  | 0 | 0 | 4217 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | BBG001SQLN69 | 3923964 | 178200 | SH |  | SOLE |  | 0 | 0 | 178200 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 2077950 | 20871 | SH |  | SOLE |  | 0 | 0 | 20871 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 3811757 | 39797 | SH |  | SOLE |  | 0 | 0 | 39797 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 | BBG001SMDNB1 | 2892090 | 102194 | SH |  | SOLE |  | 0 | 0 | 102194 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 1603342 | 16531 | SH |  | SOLE |  | 0 | 0 | 16531 |
| ISHARES TR | MSCI ACWI ETF | 464288257 | BBG001S56QV7 | 21868738 | 257643 | SH |  | SOLE |  | 0 | 0 | 257643 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 1365348 | 36025 | SH |  | SOLE |  | 0 | 0 | 36025 |
| ISHARES TR | SELECT DIVID ETF | 464287168 | BBG001SDJVG2 | 671983 | 5572 | SH |  | SOLE |  | 0 | 0 | 5572 |
| ISHARES TR | US AER DEF ETF | 464288760 | BBG001SC08P5 | 5126544 | 45830 | SH |  | SOLE |  | 0 | 0 | 45830 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 14036055 | 79457 | SH |  | SOLE |  | 0 | 0 | 79457 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 2782666 | 20751 | SH |  | SOLE |  | 0 | 0 | 20751 |
| LAM RESEARCH CORP | COM | 512807108 | BBG001S5SW40 | 619102 | 1473 | SH |  | SOLE |  | 0 | 0 | 1473 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 1134063 | 3100 | SH |  | SOLE |  | 0 | 0 | 3100 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 13666177 | 28091 | SH |  | SOLE |  | 0 | 0 | 28091 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | BBG001S78K44 | 1361003 | 9141 | SH |  | SOLE |  | 0 | 0 | 9141 |
| MATSON INC | COM | 57686G105 | BBG001S5NL21 | 250040 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 1955920 | 7422 | SH |  | SOLE |  | 0 | 0 | 7422 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 577304 | 7428 | SH |  | SOLE |  | 0 | 0 | 7428 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 294572 | 2655 | SH |  | SOLE |  | 0 | 0 | 2655 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 397844 | 3306 | SH |  | SOLE |  | 0 | 0 | 3306 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 10665252 | 44472 | SH |  | SOLE |  | 0 | 0 | 44472 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 | BBG001SFZ3S8 | 367404 | 55083 | SH |  | SOLE |  | 0 | 0 | 55083 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 1347822 | 15853 | SH |  | SOLE |  | 0 | 0 | 15853 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 474363 | 5674 | SH |  | SOLE |  | 0 | 0 | 5674 |
| NICE LTD | SPONSORED ADR | 653656108 | BBG001S9RK49 | 211530 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 5808961 | 49645 | SH |  | SOLE |  | 0 | 0 | 49645 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 435059 | 2977 | SH |  | SOLE |  | 0 | 0 | 2977 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 279120 | 1545 | SH |  | SOLE |  | 0 | 0 | 1545 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 988625 | 19294 | SH |  | SOLE |  | 0 | 0 | 19294 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 451800 | 2981 | SH |  | SOLE |  | 0 | 0 | 2981 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 | BBG005D266P2 | 246209 | 2736 | SH |  | SOLE |  | 0 | 0 | 2736 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 230984 | 2101 | SH |  | SOLE |  | 0 | 0 | 2101 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 | BBG001S5X5Q9 | 5604390 | 55533 | SH |  | SOLE |  | 0 | 0 | 55533 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 | BBG001S6PX49 | 7766840 | 10765 | SH |  | SOLE |  | 0 | 0 | 10765 |
| RH | COM | 74967X103 | BBG002293Q93 | 1462064 | 5472 | SH |  | SOLE |  | 0 | 0 | 5472 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | BBG001S7T1S7 | 673082 | 7695 | SH |  | SOLE |  | 0 | 0 | 7695 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 | BBG001S7T1Q9 | 461230 | 3571 | SH |  | SOLE |  | 0 | 0 | 3571 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 | BBG001S7T107 | 8830820 | 118455 | SH |  | SOLE |  | 0 | 0 | 118455 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 | BBG001S7SCQ6 | 14311061 | 105345 | SH |  | SOLE |  | 0 | 0 | 105345 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 | BBG001S7T232 | 613812 | 6250 | SH |  | SOLE |  | 0 | 0 | 6250 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 | BBG001S7TD56 | 10232652 | 145144 | SH |  | SOLE |  | 0 | 0 | 145144 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 357267 | 2871 | SH |  | SOLE |  | 0 | 0 | 2871 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 892197 | 12494 | SH |  | SOLE |  | 0 | 0 | 12494 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 | BBG001S8LH99 | 1663939 | 5022 | SH |  | SOLE |  | 0 | 0 | 5022 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 21225017 | 125118 | SH |  | SOLE |  | 0 | 0 | 125118 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 2752014 | 7196 | SH |  | SOLE |  | 0 | 0 | 7196 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 6409234 | 64609 | SH |  | SOLE |  | 0 | 0 | 64609 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 562477 | 3774 | SH |  | SOLE |  | 0 | 0 | 3774 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 347368 | 2820 | SH |  | SOLE |  | 0 | 0 | 2820 |
| T-MOBILE US INC | COM | 872590104 | BBG001SKR9Y6 | 7352240 | 52516 | SH |  | SOLE |  | 0 | 0 | 52516 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 500074 | 2415 | SH |  | SOLE |  | 0 | 0 | 2415 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 291599 | 550 | SH |  | SOLE |  | 0 | 0 | 550 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 3683498 | 128524 | SH |  | SOLE |  | 0 | 0 | 128524 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 | BBG002D68GN8 | 7590971 | 37405 | SH |  | SOLE |  | 0 | 0 | 37405 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 27611108 | 78588 | SH |  | SOLE |  | 0 | 0 | 78588 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 376892 | 2482 | SH |  | SOLE |  | 0 | 0 | 2482 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 520395 | 13208 | SH |  | SOLE |  | 0 | 0 | 13208 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 1061910 | 5111 | SH |  | SOLE |  | 0 | 0 | 5111 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 320552 | 7763 | SH |  | SOLE |  | 0 | 0 | 7763 |

---