SEC 13F Intelligence

Managers / Q4 2022 · view latest →

JOHNSON INVESTMENT COUNSEL INC

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

Reported Value
$7.3B
Q4 2022
Positions
659
Filings on Record
31
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Johnson Investment Counsel Inc reported $7.3B in U.S.-listed holdings across 659 positions for Q4 2022.

Its largest position, Ishares Core S P 500 Etf, represents 6.7% of the portfolio.

Compared with Q3 2022, the fund opened 42 new positions and exited 28.

Portfolio Metrics

Turnover
+2.8%
vs prior filed quarter
Top-10 Concentration
+29.3%
share of reported value
Largest Position
+6.7%
Ishares Core S P 500 Etf
New / Exited
42 / 28
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: 68.3%ETP: 23.2%Other: 6.6%REIT: 1.6%ADR: 0.2%Other: 0.0%
  • Common Stock · 68.3% · $5.0B
  • ETP · 23.2% · $1.7B
  • Other · 6.6% · $482M
  • REIT · 1.6% · $117M
  • ADR · 0.2% · $18M
  • Other · 0.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES CORE MSCI PACIFIC ETFNEW+59.7K59.7K+$3M$3M
LDOSLEIDOS HOLDINGS INCNEW+25.4K25.4K+$3M$3M
ISHARES MSCI PAC JP ETFNEW+47.0K47.0K+$2M$2M
DTMDT MIDSTREAM INC COMMON STOCKNEW+31.8K31.8K+$2M$2M
UFPIUFP INDUSTRIES INCNEW+21.1K21.1K+$2M$2M
SAPIENS INTL CORP NVNEW+79.3K79.3K+$1M$1M
ISHARES MSCI EMERGING MARKETSNEW+22.9K22.9K+$1M$1M
GNRCGENERAC HOLDINGS INCNEW+10.3K10.3K+$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 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES CORE S&P 500 ETFETF6.68%$489M1.27M
2PGPROCTER AND GAMBLE COhistory →COM4.79%$351M2.32M
3AAPLAPPLE INChistory →COM3.58%$262M2.02M
4ISHARES RUSSELL 1000 ETFETF3.48%$255M1.21M
5MSFTMICROSOFT CORPhistory →COM2.48%$181M756.2K
6DHRDANAHER CORPORATIONhistory →COM1.87%$137M515.4K
7CINFCINCINNATI FINL CORPhistory →COM1.81%$133M1.30M
8ISHARES TR RUS MID CAP ETFETF1.63%$119M1.77M
9MAMASTERCARD INCORPORATEDhistory →COM1.56%$114M328.3K
10UNHUNITEDHEALTH GROUP INChistory →COM1.47%$107M202.7K
11VVISA INC CL Ahistory →COM1.44%$106M509.4K
12ABTABBOTT LABShistory →COM1.43%$105M953.4K
13GOOGLALPHABET INC CAP STOCK CL Ahistory →COM1.42%$104M1.18M
14ZTSZOETIS INC CL Ahistory →COM1.33%$97M665.3K
15ADIANALOG DEVICES INChistory →COM1.33%$97M593.9K
16TJXTJX COS INChistory →COM1.33%$97M1.22M
17CHVCHEVRON CORPhistory →COM1.27%$93M518.8K
18ACCENTURE PLC IRELAND CLASS ACOM1.26%$92M344.7K
19NVENT ELECTRIC PLCCOM1.22%$89M2.32M
20AXIS CAP HOLDINGS LTDCOM1.21%$89M1.64M
21NDAQNASDAQ INChistory →COM1.20%$88M1.43M
22MRSHMARSH & MCLENNAN COS INChistory →COM1.19%$87M528.1K
23KOCOCA-COLA COhistory →COM1.19%$87M1.37M
24WMWASTE MANAGEMENT INC DELhistory →COM1.16%$85M539.5K
25AEPAMERICAN ELECTRIC POWER CO INChistory →COM1.14%$83M878.8K
26DGDOLLAR GEN CORP NEWhistory →COM1.12%$82M333.9K
27ISHARES TR MSCI USA MIN VOLETF1.09%$80M1.11M
28WMBWILLIAMS COS INChistory →COM1.09%$80M2.42M
29HONGBPHONEYWELL INTL INChistory →COM1.07%$79M367.4K
30MCDMCDONALDS CORPhistory →COM1.06%$78M295.8K
31AMTAMERICAN TOWER CORPhistory →COM1.06%$77M365.7K
32SPGIS&P GLOBAL INChistory →COM1.03%$76M225.6K
33WILLIS TOWERS WATSON PLC LTDCOM1.03%$75M308.6K
34WMTWAL-MART INChistory →COM1.03%$75M530.6K
35APHAMPHENOL CORP CL Ahistory →COM1.02%$75M984.2K
36VANGUARD INTL EQUITY INDEX FUNETF1.01%$74M1.48M
37ZBHZIMMER BIOMET HOLDINGS INChistory →COM1.00%$73M572.0K
38NDSNNORDSON CORPhistory →COM0.99%$73M305.9K
39PEPPEPSICO INChistory →COM0.96%$70M387.4K
40LNTALLIANT ENERGY CORPhistory →COM0.95%$70M1.27M
41HUBBHUBBELL INChistory →COM0.91%$67M285.4K
42ITWILLINOIS TOOL WORKS INChistory →COM0.79%$58M263.8K
43LOWLOWES COS INChistory →COM0.78%$57M285.9K
44PPGPPG INDUSTRIES INChistory →COM0.74%$54M431.2K
45MEDTRONIC PLCCOM0.74%$54M696.2K
46UNILEVER PLC SP ADR NEWADR0.72%$53M1.05M
47NKENIKE INChistory →COM0.72%$53M451.3K
48COSTCOSTCO WHOLESALE CORPhistory →COM0.69%$51M110.7K
49ISHARES TR MSCI USA QLT FCTETF0.68%$50M437.4K
50MTBM & T BANK CORPhistory →COM0.64%$47M322.9K

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 ↗.