SEC 13F Intelligence

Managers / Q4 2020 · view latest →

JOHNSON INVESTMENT COUNSEL INC

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

Reported Value
$6.0B
Q4 2020
Positions
589
Filings on Record
31
2019–present window
Filed
Feb 12, 2021
original filing

Summary

Johnson Investment Counsel Inc reported $6.0B in U.S.-listed holdings across 589 positions for Q4 2020.

Its largest position, Ishares Core S P 500 Etf, represents 7.2% of the portfolio.

Compared with Q3 2020, the fund opened 46 new positions and exited 30.

Portfolio Metrics

Turnover
+2.8%
vs prior filed quarter
Top-10 Concentration
+32.9%
share of reported value
Largest Position
+7.2%
Ishares Core S P 500 Etf
New / Exited
46 / 30
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: 67.6%ETP: 25.8%Other: 4.0%REIT: 2.3%ADR: 0.3%Other: 0.0%
  • Common Stock · 67.6% · $4.1B
  • ETP · 25.8% · $1.6B
  • Other · 4.0% · $241M
  • REIT · 2.3% · $138M
  • ADR · 0.3% · $17M
  • Other · 0.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KBALUSDKimball Intl Inc Class BNEW+102.8K102.8K+$1M$1M
IBPInstalled Building Products IncNEW+6.8K6.8K+$697,000$697,000
BJBJS WHSL Club HLDGS IncNEW+15.6K15.6K+$580,000$580,000
VTRSViatris IncNEW+30.9K30.9K+$579,000$579,000
MKTXMarketaxess Holdings, Inc.NEW+633633+$361,000$361,000
GPCGenuine Parts CompanyNEW+3.1K3.1K+$311,000$311,000
FRMEFirst Merchants CorporationNEW+7.8K7.8K+$292,000$292,000
JDJd.com IncNEW+3.3K3.3K+$292,000$292,000

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

Holdings — Q4 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IShares Core S&P (500 ETF)COMMON EQUITY7.17%$430M1.15M
2PGProcter And Gamblehistory →COMMON EQUITY5.15%$309M2.22M
3AAPLApple Inchistory →COMMON EQUITY4.87%$292M2.20M
4IShares Russell 1000 Index FundCOMMON EQUITY4.19%$252M1.19M
5MSFTMicrosoft Corphistory →COMMON EQUITY2.48%$149M669.9K
6ABTAbbott Laboratorieshistory →COMMON EQUITY1.95%$117M1.07M
7GOOGLAlphabet Inc Cap STKhistory →COMMON EQUITY1.87%$112M64.2K
8DISWalt Disney Cohistory →COMMON EQUITY1.84%$110M608.1K
9IShares TR Rus Mid (Cap ETF)COMMON EQUITY1.68%$101M1.47M
10MAMastercardhistory →COMMON EQUITY1.67%$100M280.2K
11DHRDanaher Corp Comhistory →COMMON EQUITY1.61%$96M433.8K
12ZTSZoetis Inc Comhistory →COMMON EQUITY1.59%$95M576.0K
13ZBHZimmer Biomet HLDGShistory →COMMON EQUITY1.56%$94M607.8K
14AMTAmerican Tower Corp - CL Ahistory →COMMON EQUITY1.36%$82M361.8K
15Vanguard Intl EquityCOMMON EQUITY1.30%$78M1.34M
16CINFCincinnati Financial Corporationhistory →COMMON EQUITY1.25%$75M851.8K
17CSLCarlisle Cos Inc Comhistory →COMMON EQUITY1.24%$75M477.2K
18HDHome Depot, Inc.history →COMMON EQUITY1.21%$73M274.2K
19BACBank Of America Corphistory →COMMON EQUITY1.21%$73M2.39M
20ADIAnalog Devices, Inc.history →COMMON EQUITY1.20%$72M487.3K
21IShares MSCI USA Minimum Volatility ETFCOMMON EQUITY1.19%$71M1.05M
22VVisa Inc. Class A Shareshistory →COMMON EQUITY1.17%$70M321.8K
23PEPPepsico Inchistory →COMMON EQUITY1.10%$66M443.7K
24AXPAmerican Express Cohistory →COMMON EQUITY1.10%$66M546.4K
25Unilever PLCCOMMON EQUITY1.08%$65M1.08M
26ADPAutomatic Data Processinghistory →COMMON EQUITY1.08%$65M365.3K
27Medtronic PLCCOMMON EQUITY1.05%$63M537.0K
28LNTAlliant Energy Corphistory →COMMON EQUITY1.04%$62M1.21M
29CMCSAComcast Corp Newhistory →COMMON EQUITY1.02%$61M1.17M
30WMWaste Management Inchistory →COMMON EQUITY1.00%$60M511.1K
31PPGPPG Industries, Incorporatedhistory →COMMON EQUITY0.99%$59M412.0K
32KOCoca Cola Cohistory →COMMON EQUITY0.99%$59M1.08M
33NDAQNasdaq Stock Market Inc.history →COMMON EQUITY0.98%$59M444.1K
34NKENike Inc Class Bhistory →COMMON EQUITY0.97%$58M411.2K
35HUBBHubbell Incorporatedhistory →COMMON EQUITY0.97%$58M370.8K
36FISFidelity Natl Infohistory →COMMON EQUITY0.94%$57M399.7K
37FT2First Horizon Corporationhistory →COMMON EQUITY0.94%$56M4.36M
38MRSHMarsh & Mclennan Coshistory →COMMON EQUITY0.91%$55M466.7K
39CLColgate-Palmolive Cohistory →COMMON EQUITY0.91%$54M636.9K
40HONGBPHoneywell International, Inc.history →COMMON EQUITY0.90%$54M255.3K
41TJXTJX Cos Inc New Comhistory →COMMON EQUITY0.90%$54M791.4K
42IShares Russell (Midcap Growth)COMMON EQUITY0.87%$52M508.6K
43Standard & Poor's Depository Receipts (SPDR Trust Series 1)COMMON EQUITY0.84%$50M133.6K
44PCARPaccar Inchistory →COMMON EQUITY0.79%$47M544.0K
45Willis Towers Watson Public Limited CompanyCOMMON EQUITY0.78%$47M221.0K
46SPGIS&P Global Inc Comhistory →COMMON EQUITY0.74%$44M134.9K
47The IShares Edge MSCI USA Quality Factor ETFCOMMON EQUITY0.74%$44M379.7K
48CPTCamden Property Trusthistory →COMMON EQUITY0.72%$43M428.0K
49NEENextera Energy Inchistory →COMMON EQUITY0.70%$42M542.9K
50AMZNAmazon.com Inchistory →COMMON EQUITY0.69%$41M12.6K

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 ↗.