SEC 13F Intelligence

Managers / Q4 2019 · view latest →

First Fiduciary Investment Counsel, Inc.

CIK 0001072843 · 6100 OAK TREE BLVD, SUITE 185, CLEVELAND, OH, 44131 · 2166439100

Reported Value
$537M
Q4 2019
Positions
64
Filings on Record
30
2019–present window
Filed
Feb 12, 2020
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $537M in U.S.-listed holdings across 64 positions for Q4 2019.

Its largest position, JPM, represents 5.4% of the portfolio.

Compared with Q3 2019, the fund opened 25 new positions and exited 3.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+42.8%
share of reported value
Largest Position
+5.4%
Jp Morgan Chase
New / Exited
25 / 3
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: $489MQ4 ’18Q1 ’19: $540MQ2 ’19: $473MQ3 ’19: $472MQ4 ’19: $537MQ4 ’19Q1 ’20: $378MQ2 ’20: $570MQ3 ’20: $481MQ4 ’20: $534MQ4 ’20Q1 ’21: $525MQ2 ’21: $522MQ3 ’21: $513MQ4 ’21: $563MQ4 ’21Q1 ’22: $513MQ2 ’22: $442MQ3 ’22: $399MQ4 ’22: $457MQ4 ’22Q1 ’23: $452MQ2 ’23: $460MQ3 ’23: $426MQ4 ’23: $453MQ4 ’23Q1 ’24: $482MQ2 ’24: $461MQ3 ’24: $499MQ4 ’24: $492MQ4 ’24Q1 ’25: $466MQ2 ’25: $504MQ3 ’25: $514MQ4 ’25: $516MQ4 ’25Q1 ’26: $497Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 94.0%ADR: 3.3%Other: 1.6%ETP: 1.1%
  • Common Stock · 94.0% · $504M
  • ADR · 3.3% · $18M
  • Other · 1.6% · $8M
  • ETP · 1.1% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DDDUPONTNEW+167.1K167.1K+$11M$11M
WFCWELLS FARGONEW+193.9K193.9K+$10M$10M
DUKDUKE ENERGY CORPNEW+27.5K27.5K+$3M$3M
VCSHVANGUARD SHORT-TERM CORP BOND ETFNEW+22.0K22.0K+$2M$2M
HDHOME DEPOT INCNEW+7.6K7.6K+$2M$2M
SFSTIFEL FINANCIAL CORPNEW+15.9K15.9K+$966,000$966,000
MRKMERCK & CONEW+8.5K8.5K+$773,000$773,000
WECWISCONSIN ENERGY CORPNEW+7.7K7.7K+$707,000$707,000

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

Holdings — Q4 2019

64 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JPMJP MORGAN CHASEhistory →COM5.41%$29M208.1K
2MSFTMICROSOFT CORPhistory →COM5.12%$27M174.4K
3DISWALT DISNEY COhistory →COM4.58%$25M169.7K
4LOWLOWE'S COMPANIEShistory →COM4.55%$24M204.1K
5CSCOCISCO SYSTEMShistory →COM4.23%$23M473.3K
6PFEPFIZERhistory →COM4.21%$23M576.7K
7BNYBNY MELLONhistory →COM3.89%$21M414.6K
8INTCINTEL CORPhistory →COM3.72%$20M333.7K
9VZVERIZON COMMhistory →COM3.66%$20M320.1K
10HONHONEYWELL INT'Lhistory →COM3.43%$18M104.1K
11JNJJOHNSON & JOHNSONhistory →COM3.39%$18M124.8K
12NVSNOVARTIS AG ADRhistory →COM3.33%$18M188.5K
13PSXPHILLIPS 66history →COM3.24%$17M156.2K
14COFCAPITAL ONE FINANCIALhistory →COM3.22%$17M167.9K
15CMCSACOMCAST CORPhistory →COM3.18%$17M379.1K
16UPSUNITED PARCEL SERVICEhistory →COM3.09%$17M141.6K
17PGPROCTER & GAMBLEhistory →COM2.99%$16M128.4K
18MMM3M COMPANYhistory →COM2.89%$15M87.8K
19USBU.S. BANCORPhistory →COM2.39%$13M216.2K
20PPGPPG INDUSTRIES INChistory →COM2.31%$12M93.0K
21PEPPEPSICOhistory →COM2.25%$12M88.3K
22JCIJOHNSON CONTROLShistory →COM2.19%$12M288.8K
23WBAWALGREENS BOOTS ALLIANCEhistory →COM2.15%$12M195.5K
24PMPHILIP MORRIS INT'Lhistory →COM2.12%$11M133.5K
25DDDUPONThistory →COM2.00%$11M167.1K
26WFCWELLS FARGOhistory →COM1.94%$10M193.9K
27SOSOUTHERN COhistory →COM1.84%$10M155.2K
28ALCALCON INC Fhistory →COM1.84%$10M174.8K
29FOXAFOX CORP CL Ahistory →COM1.82%$10M263.9K
30EXMOCEXXON MOBILhistory →COM1.46%$8M112.6K
31SLBSCHLUMBERGERhistory →COM1.45%$8M193.5K
32MOALTRIA GROUPhistory →COM1.19%$6M127.9K
33DUKDUKE ENERGY CORPCOM0.47%$3M27.5K
342021 ISHARES IBONDS ETFETF0.47%$2M100.0K
352022 ISHARES IBONDS ETFETF0.36%$2M76.5K
362023 ISHARES IBONDS ETFETF0.35%$2M72.6K
372020 INVESCO BULLETSHARES CORP BOND ETFETF0.35%$2M87.1K
38VCSHVANGUARD SHORT-TERM CORP BOND ETFETF0.33%$2M22.0K
39HDHOME DEPOT INCCOM0.31%$2M7.6K
402020 ISHARES IBONDS ETFETF0.28%$1M59.1K
41SFSTIFEL FINANCIAL CORPCOM0.18%$966,00015.9K
422021 INVESCO BULLETSHARES CORP BOND ETFETF0.17%$915,00043.1K
43DDOMINION RESCOM0.15%$807,0009.8K
44MRKMERCK & COCOM0.14%$773,0008.5K
45WECWISCONSIN ENERGY CORPCOM0.13%$707,0007.7K
462024 ISHARES IBONDS ETFETF0.13%$696,00027.1K
47TAT&T INCCOM0.09%$469,00012.0K
48AAPLAPPLE COMPUTERCOM0.09%$459,0001.6K
49UNPUNION PACIFICCOM0.08%$434,0002.4K
502022 INVESCO BULLETSHARES CORP BOND ETFETF0.08%$425,00019.8K
51RAYTHEON COCOM0.07%$388,0001.8K
522023 INVESCO BULLETSHARES CORP BOND ETFETF0.07%$363,00017.1K
53WMTWALMART INCCOM0.06%$335,0002.8K
54LNTALLIANT ENERGY CORPCOM0.06%$328,0006.0K
55ABBVIECOM0.06%$310,0003.5K
56ABTABBOTT LABSCOM0.06%$304,0003.5K
57GISGENERAL MILLSCOM0.05%$292,0005.4K
58MDLZMONDELEZ INT'LCOM0.05%$275,0005.0K
59AMGNAMGEN INCCOM0.05%$265,0001.1K
60BABOEING COMPANYCOM0.05%$264,000810
61GOOGLALPHABET INC CLASS ACOM0.05%$246,000184
62CVXCHEVRONCOM0.04%$241,0002.0K
632024 INVESCO BULLETSHARES CORP BOND ETFETF0.04%$225,00010.5K
64KOCOCA-COLACOM0.04%$221,0004.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$497M66May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$516M71Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$514M73Nov 5, 202513F-HRchanges · EDGAR ↗
Q2 2025$504M71Jul 24, 202513F-HRchanges · EDGAR ↗
Q1 2025$466M68Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$492M66Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$499M68Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$461M64Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$482M65Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$453M63Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$426M61Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$460M63Jul 21, 202313F-HRchanges · EDGAR ↗
Q1 2023$452M66May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$457M64Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$399M64Oct 31, 202213F-HRchanges · EDGAR ↗
Q2 2022$442M67Jul 19, 202213F-HRchanges · EDGAR ↗
Q1 2022$513M69Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$563M67Jan 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$513M65Oct 7, 202113F-HRchanges · EDGAR ↗
Q2 2021$522M66Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$525M70May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$534M59Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$481M59Nov 18, 202013F-HRchanges · EDGAR ↗
Q2 2020$570M62Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$378M59May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$537M64Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$472M42Nov 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$473M44Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$540M46May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$489M48Feb 4, 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 ↗.