SEC 13F Intelligence

Managers / Q1 2020 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$378M
Q1 2020
Positions
59
Filings on Record
30
2019–present window
Filed
May 12, 2020
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $378M in U.S.-listed holdings across 59 positions for Q1 2020.

Its largest position, MSFT, represents 6.8% of the portfolio.

Compared with Q4 2019, the fund opened 4 new positions and exited 9.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+48.4%
share of reported value
Largest Position
+6.8%
Microsoft
New / Exited
4 / 9
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
Q1 ’19: $540MQ1 ’19Q2 ’19: $473MQ3 ’19: $472MQ4 ’19: $537MQ1 ’20: $378MQ1 ’20Q2 ’20: $570MQ3 ’20: $481MQ4 ’20: $534MQ1 ’21: $525MQ1 ’21Q2 ’21: $522MQ3 ’21: $513MQ4 ’21: $563MQ1 ’22: $513MQ1 ’22Q2 ’22: $442MQ3 ’22: $399MQ4 ’22: $457MQ1 ’23: $452MQ1 ’23Q2 ’23: $460MQ3 ’23: $426MQ4 ’23: $453MQ1 ’24: $482MQ1 ’24Q2 ’24: $461MQ3 ’24: $499MQ4 ’24: $492MQ1 ’25: $466MQ1 ’25Q2 ’25: $504MQ3 ’25: $514MQ4 ’25: $516MQ1 ’26: $497MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 92.5%ADR: 4.1%Other: 2.2%ETP: 1.1%
  • Common Stock · 92.5% · $349M
  • ADR · 4.1% · $15M
  • Other · 2.2% · $8M
  • ETP · 1.1% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TJXTJX COMPANIES INCNEW+88.8K88.8K+$4M$4M
MARMARRIOTT INT'LNEW+49.1K49.1K+$4M$4M
LMTLOCKHEED MARTINNEW+10.0K10.0K+$3M$3M
IVVISHARES CORE S&P 500 ETFNEW+419419+$108,000$108,000
DUKDUKE ENERGY CORPADDED+45.6K73.1K+$3M$6M
SLBSCHLUMBERGERADDED+200.3K393.8K−$2M$5M
BNYBNY MELLONSOLD OUT−414.6K0−$21M$0
MMM3M COMPANYSOLD OUT−87.8K0−$15M$0

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

Holdings — Q1 2020

59 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.82%$26M163.4K
2VZVERIZON COMMhistory →COM5.09%$19M357.6K
3LOWLOWE'S COMPANIEShistory →COM5.04%$19M221.2K
4PFEPFIZERhistory →COM4.97%$19M574.6K
5CSCOCISCO SYSTEMShistory →COM4.90%$18M470.4K
6JPMJP MORGAN CHASEhistory →COM4.82%$18M202.3K
7INTCINTEL CORPhistory →COM4.60%$17M321.0K
8JNJJOHNSON & JOHNSONhistory →COM4.28%$16M123.1K
9NVSNOVARTIS AG ADRhistory →COM4.10%$15M187.6K
10HONHONEYWELL INT'Lhistory →COM3.78%$14M106.8K
11PGPROCTER & GAMBLEhistory →COM3.64%$14M125.0K
12UPSUNITED PARCEL SERVICEhistory →COM3.49%$13M141.0K
13PEPPEPSICOhistory →COM3.39%$13M106.7K
14CMCSACOMCAST CORPhistory →COM3.39%$13M372.8K
15DISWALT DISNEY COhistory →COM3.07%$12M120.1K
16PMPHILIP MORRIS INT'Lhistory →COM2.64%$10M136.6K
17COFCAPITAL ONE FINANCIALhistory →COM2.37%$9M177.6K
18WBAWALGREENS BOOTS ALLIANCEhistory →COM2.31%$9M190.5K
19ALCALCON INC Fhistory →COM2.30%$9M171.3K
20PSXPHILLIPS 66history →COM2.23%$8M156.9K
21JCIJOHNSON CONTROLShistory →COM2.09%$8M292.7K
22PPGPPG INDUSTRIES INChistory →COM2.07%$8M93.3K
23USBU.S. BANCORPhistory →COM2.04%$8M223.5K
24MOALTRIA GROUPhistory →COM1.59%$6M155.2K
25DUKDUKE ENERGY CORPhistory →COM1.57%$6M73.1K
26SLBSCHLUMBERGERhistory →COM1.41%$5M393.8K
27WFCWELLS FARGOhistory →COM1.38%$5M182.0K
28SOSOUTHERN COhistory →COM1.27%$5M88.3K
29DDDUPONThistory →COM1.21%$5M134.5K
30TJXTJX COMPANIES INChistory →COM1.12%$4M88.8K
31MARMARRIOTT INT'LCOM0.97%$4M49.1K
32LMTLOCKHEED MARTINCOM0.89%$3M10.0K
332021 ISHARES IBONDS ETFETF0.64%$2M98.7K
342023 ISHARES IBONDS ETFETF0.50%$2M76.3K
352022 ISHARES IBONDS ETFETF0.49%$2M75.3K
362020 INVESCO BULLETSHARES CORP BOND ETFETF0.47%$2M85.1K
372020 ISHARES IBONDS ETFETF0.42%$2M62.7K
38HDHOME DEPOT INCCOM0.34%$1M6.8K
392021 INVESCO BULLETSHARES CORP BOND ETFETF0.24%$917,00043.8K
402024 ISHARES IBONDS ETFETF0.19%$728,00029.5K
41DDOMINION RESCOM0.19%$707,0009.8K
42WECWISCONSIN ENERGY CORPCOM0.18%$676,0007.7K
43MRKMERCK & COCOM0.17%$654,0008.5K
442022 INVESCO BULLETSHARES CORP BOND ETFETF0.13%$475,00022.4K
45AAPLAPPLE INCCOM0.12%$447,0001.8K
46SFSTIFEL FINANCIAL CORPCOM0.11%$433,00010.5K
472023 INVESCO BULLETSHARES CORP BOND ETFETF0.11%$410,00019.8K
48UNPUNION PACIFICCOM0.09%$338,0002.4K
49ABTABBOTT LABSCOM0.09%$325,0004.1K
50TAT&T INCCOM0.09%$321,00011.0K
51WMTWALMART INCCOM0.08%$310,0002.7K
52LNTALLIANT ENERGY CORPCOM0.08%$290,0006.0K
53GISGENERAL MILLSCOM0.08%$287,0005.4K
54ABBVIECOM0.07%$267,0003.5K
55MDLZMONDELEZ INT'LCOM0.07%$250,0005.0K
562024 INVESCO BULLETSHARES CORP BOND ETFETF0.06%$237,00011.5K
57RAYTHEON COCOM0.06%$231,0001.8K
58GOOGLALPHABET INC CLASS ACOM0.06%$214,000184
59IVVISHARES CORE S&P 500 ETFETF0.03%$108,000419

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 ↗

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 ↗.