SEC 13F Intelligence

Managers / Q4 2019 · view latest →

JOHNSON INVESTMENT COUNSEL INC

CIK 0000821197 · 3777 WEST FORK RD, CINCINNATI, OH, 45247

Reported Value
$5.3B
Q4 2019
Positions
601
Filings on Record
31
2019–present window
Filed
Feb 13, 2020
original filing

Summary

Johnson Investment Counsel Inc reported $5.3B in U.S.-listed holdings across 601 positions for Q4 2019.

Its largest position, Ishares Core S P 500 Etf, represents 7.3% of the portfolio.

Compared with Q3 2019, the fund opened 32 new positions and exited 27.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+30.5%
share of reported value
Largest Position
+7.3%
Ishares Core S P 500 Etf
New / Exited
32 / 27
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $4.1BQ4 ’18Q1 ’19: $4.7BQ2 ’19: $4.8BQ3 ’19: $5.0BQ4 ’19: $5.3BQ4 ’19Q1 ’20: $4.5BQ2 ’20: $4.9BQ3 ’20: $5.4BQ4 ’20: $6.0BQ4 ’20Q1 ’21: $6.6BQ2 ’21: $7.0BQ3 ’21: $7.5BQ4 ’21: $8.2BQ4 ’21Q1 ’22: $8.1BQ2 ’22: $7.0BQ3 ’22: $6.7BQ4 ’22: $7.3BQ4 ’22Q1 ’23: $7.5BQ2 ’23: $8.1BQ3 ’23: $7.8BQ4 ’23: $8.5BQ4 ’23Q1 ’24: $9.2BQ2 ’24: $9.5BQ3 ’24: $10.2BQ4 ’24: $10.3BQ4 ’24Q1 ’25: $10.4BQ2 ’25: $11.2BQ3 ’25: $12.0BQ4 ’25: $12.2BQ4 ’25Q1 ’26: $12.4Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 63.7%ETP: 25.7%Other: 6.5%REIT: 2.6%ADR: 1.5%Other: 0.0%
  • Common Stock · 63.7% · $3.4B
  • ETP · 25.7% · $1.4B
  • Other · 6.5% · $348M
  • REIT · 2.6% · $137M
  • ADR · 1.5% · $79M
  • Other · 0.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Willis Towers Watson Public Limited CompanyNEW+188.4K188.4K+$38M$38M
ADIAnalog Devices, Inc.NEW+194.7K194.7K+$23M$23M
STAGStag Industrial Inc.NEW+42.9K42.9K+$1M$1M
FELEFranklin Electric CoNEW+23.0K23.0K+$1M$1M
Viacomcbs Inc CL BNEW+27.4K27.4K+$1M$1M
TECHBio-Techne CorpNEW+5.3K5.3K+$1M$1M
SEICSEI Investments CompanyNEW+17.5K17.5K+$1M$1M
WSTWest Pharmaceutical Services, Inc.NEW+7.4K7.4K+$1M$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IShares Core S&P (500 ETF)COMMON EQUITY7.30%$388M1.20M
2PGProcter And Gamblehistory →COMMON EQUITY5.11%$271M2.17M
3IShares Russell 1000 Index FundCOMMON EQUITY4.16%$221M1.24M
4AAPLApple Inchistory →COMMON EQUITY3.76%$200M680.1K
5MSFTMicrosoft Corphistory →COMMON EQUITY1.90%$101M641.4K
6ABTAbbott Laboratorieshistory →COMMON EQUITY1.80%$96M1.10M
7CINFCincinnati Financial Corporationhistory →COMMON EQUITY1.72%$91M862.5K
8IShares TR Rus Mid (Cap ETF)COMMON EQUITY1.68%$89M1.50M
9GOOGLAlphabet Inc Cap STKhistory →COMMON EQUITY1.57%$83M62.1K
10ZTSZoetis Inc Comhistory →COMMON EQUITY1.56%$83M626.1K
11Vanguard Intl EquityCOMMON EQUITY1.55%$83M1.54M
12TJXTJX Cos Inc New Comhistory →COMMON EQUITY1.55%$82M1.35M
13MAMastercardhistory →COMMON EQUITY1.51%$80M269.4K
14DISWalt Disney Cohistory →COMMON EQUITY1.45%$77M528.6K
15DHRDanaher Corp Comhistory →COMMON EQUITY1.36%$72M470.4K
16ZBHZimmer Biomet HLDGShistory →COMMON EQUITY1.36%$72M480.5K
17AXPAmerican Express Cohistory →COMMON EQUITY1.23%$65M525.6K
18CHVChevron Corp New Comhistory →COMMON EQUITY1.22%$65M538.2K
19CSLCarlisle Cos Inc Comhistory →COMMON EQUITY1.22%$65M400.4K
20BACBank Of America Corphistory →COMMON EQUITY1.22%$65M1.84M
21R6C2Royal Dutch Shell PLC - Class Bhistory →COMMON EQUITY1.14%$60M1.01M
22AMTAmerican Tower Corp - CL Ahistory →COMMON EQUITY1.13%$60M260.3K
23Medtronic PLCCOMMON EQUITY1.08%$57M503.1K
24Vanguard FTSE Developed Markets ETFCOMMON EQUITY1.06%$56M1.28M
25KOCoca Cola Cohistory →COMMON EQUITY1.05%$56M1.01M
26MRSHMarsh & Mclennan Coshistory →COMMON EQUITY1.05%$56M499.3K
27SPGIS&P Global Inc Comhistory →COMMON EQUITY1.04%$55M202.0K
28Accenture PLC CLS ACOMMON EQUITY1.03%$55M259.7K
29FISFidelity Natl Infohistory →COMMON EQUITY1.02%$54M389.7K
30HUBBHubbell Incorporatedhistory →COMMON EQUITY0.99%$52M354.6K
31IShares MSCI USA Minimum Volatility ETFCOMMON EQUITY0.96%$51M781.2K
32CMCSAComcast Corp Newhistory →COMMON EQUITY0.96%$51M1.13M
33PCARPaccar Inchistory →COMMON EQUITY0.93%$50M608.5K
34CLColgate-Palmolive Cohistory →COMMON EQUITY0.92%$49M707.4K
35NEENextera Energy Inchistory →COMMON EQUITY0.87%$46M191.4K
36WMWaste Management Inchistory →COMMON EQUITY0.85%$45M395.0K
37IShares Russell (Midcap Growth)COMMON EQUITY0.84%$45M293.0K
38FHBFirst Hawaiian Incorpo Fhistory →COMMON EQUITY0.83%$44M1.54M
39Standard & Poor's Depository Receipts (SPDR Trust Series 1)COMMON EQUITY0.83%$44M135.6K
40LNTAlliant Energy Corphistory →COMMON EQUITY0.81%$43M788.6K
41XYLXylem Inc.history →COMMON EQUITY0.80%$43M540.3K
42USBUS Bancorp Delhistory →COMMON EQUITY0.80%$43M712.4K
43ADPAutomatic Data Processinghistory →COMMON EQUITY0.75%$40M233.9K
44Willis Towers Watson Public Limited CompanyCOMMON EQUITY0.72%$38M188.4K
45Alcon IncCOMMON EQUITY0.69%$37M646.2K
46FRTEURFederal Rlty INVT TR SBI Newhistory →COMMON EQUITY0.69%$36M280.5K
47Iberiabank Corp ComCOMMON EQUITY0.68%$36M478.9K
48Unilever PLCCOMMON EQUITY0.67%$35M618.8K
49APHAmphenol Corporation - Class Ahistory →COMMON EQUITY0.64%$34M313.0K
50CVSCVS Corporationhistory →COMMON EQUITY0.64%$34M456.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$12.4B810May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$12.2B790Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$12.0B827Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$11.2B816Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$10.4B805Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$10.3B789Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$10.2B808Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$9.5B765Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$9.2B762May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$8.5B711Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$7.8B677Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$8.1B669Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$7.5B660May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$7.3B659Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$6.7B645Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$7.0B652Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$8.1B667May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$8.2B667Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$7.5B648Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$7.0B617Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$6.6B602May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$6.0B589Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$5.4B573Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$4.9B577Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$4.5B551May 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$5.3B601Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$5.0B596Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$4.8B604Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$4.7B601May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$4.1B601Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.