SEC 13F Intelligence

Managers / Q2 2020 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$570M
Q2 2020
Positions
62
Filings on Record
29
2019–present window
Filed
Aug 10, 2020
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $570M in U.S.-listed holdings across 62 positions for Q2 2020.

Its largest position, MSFT, represents 5.8% of the portfolio.

Compared with Q1 2020, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+1.0%
vs prior filed quarter
Top-10 Concentration
+39.4%
share of reported value
Largest Position
+5.8%
Microsoft
New / Exited
5 / 2
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: 74.4%Other: 14.7%ETP: 8.0%ADR: 2.9%
  • Common Stock · 74.4% · $424M
  • Other · 14.7% · $84M
  • ETP · 8.0% · $46M
  • ADR · 2.9% · $16M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ACNACCENTURE PLCNEW+46.8K46.8K+$10M$10M
SBUXSTARBUCKS CORPNEW+66.8K66.8K+$5M$5M
2025 ISHARES IBONDSNEW+3.9K3.9K+$1M$1M
2025 INVESCO BULLETSHARES CORP BONDNEW+4.7K4.7K+$1M$1M
RTXRAYTHEON TECHNOLOGIES CONEW+3.7K3.7K+$229,000$229,000
LMTLOCKHEED MARTINADDED+11.9K21.8K+$5M$8M
RAYTHEON COSOLD OUT−1.8K0−$231,000$0
IVVISHARES CORE S&P 500 ETFSOLD OUT−4190−$108,000$0

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

Holdings — Q2 2020

62 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM5.76%$33M161.4K
2LOWLOWE'S COMPANIEShistory →COM5.08%$29M214.5K
32021 ISHARES IBONDS ETFETF4.25%$24M96.3K
4CSCOCISCO SYSTEMShistory →COM3.87%$22M472.8K
52023 ISHARES IBONDS ETFETF3.75%$21M81.4K
6JPMJP MORGAN CHASEhistory →COM3.51%$20M212.9K
7VZVERIZON COMMhistory →COM3.36%$19M347.7K
8PFEPFIZERhistory →COM3.30%$19M575.7K
9INTCINTEL CORPhistory →COM3.28%$19M312.4K
102022 ISHARES IBONDS ETFETF3.27%$19M72.6K
11CMCSACOMCAST CORPhistory →COM3.16%$18M461.9K
12JNJJOHNSON & JOHNSONhistory →COM3.05%$17M123.8K
132020 INVESCO BULLETSHARES CORP BONDETF3.05%$17M81.8K
14NVSNOVARTIS AG ADRhistory →COM2.86%$16M186.9K
15HONHONEYWELL INT'Lhistory →COM2.78%$16M109.7K
16UPSUNITED PARCEL SERVICEhistory →COM2.66%$15M136.2K
17PGPROCTER & GAMBLEhistory →COM2.63%$15M125.2K
182020 ISHARES IBONDS ETFETF2.60%$15M58.5K
19PEPPEPSICOhistory →COM2.57%$15M110.6K
20DISWALT DISNEY COhistory →COM2.45%$14M125.4K
21PSXPHILLIPS 66history →COM1.95%$11M154.3K
22COFCAPITAL ONE FINANCIALhistory →COM1.94%$11M176.5K
23PPGPPG INDUSTRIES INChistory →COM1.78%$10M95.7K
24ACNACCENTURE PLChistory →COM1.76%$10M46.8K
25PMPHILIP MORRIS INT'Lhistory →COM1.75%$10M142.2K
26JCIJOHNSON CONTROLShistory →COM1.75%$10M291.4K
27ALCALCON INC Fhistory →COM1.71%$10M170.5K
282021 INVESCO BULLETSHARES CORP BONDETF1.63%$9M43.6K
29TJXTJX COMPANIES INChistory →COM1.50%$9M169.4K
30WBAWALGREENS BOOTS ALLIANCEhistory →COM1.45%$8M195.1K
312024 ISHARES IBONDS ETFETF1.43%$8M31.0K
32USBU.S. BANCORPhistory →COM1.41%$8M217.8K
33LMTLOCKHEED MARTINhistory →COM1.40%$8M21.8K
34DDDUPONThistory →COM1.29%$7M138.7K
35SLBSCHLUMBERGERhistory →COM1.14%$7M354.0K
36MOALTRIA GROUPhistory →COM1.10%$6M159.3K
37DUKDUKE ENERGY CORPCOM0.94%$5M67.0K
382022 INVESCO BULLETSHARES CORP BONDETF0.92%$5M24.2K
39WFCWELLS FARGOCOM0.87%$5M192.9K
40SBUXSTARBUCKS CORPCOM0.86%$5M66.8K
412023 INVESCO BULLETSHARES CORP BONDETF0.78%$4M20.4K
42MARMARRIOTT INT'LCOM0.75%$4M49.6K
432024 INVESCO BULLETSHARES CORP BONDETF0.58%$3M15.1K
44SOSOUTHERN COCOM0.41%$2M44.5K
45HDHOME DEPOT INCCOM0.25%$1M5.6K
462025 ISHARES IBONDSETF0.18%$1M3.9K
472025 INVESCO BULLETSHARES CORP BONDETF0.18%$1M4.7K
48DDOMINION RESCOM0.14%$787,0009.7K
49MRKMERCK & COCOM0.12%$657,0008.5K
50AAPLAPPLE INCCOM0.11%$645,0001.8K
51WECWISCONSIN ENERGY CORPCOM0.07%$425,0004.8K
52UNPUNION PACIFICCOM0.07%$406,0002.4K
53ABTABBOTT LABSCOM0.07%$377,0004.1K
54SFSTIFEL FINANCIAL CORPCOM0.06%$344,0007.3K
55ABBVIECOM0.06%$344,0003.5K
56GISGENERAL MILLSCOM0.06%$336,0005.4K
57WMTWALMART INCCOM0.06%$327,0002.7K
58TAT&T INCCOM0.05%$311,00010.3K
59LNTALLIANT ENERGY CORPCOM0.05%$287,0006.0K
60GOOGLALPHABET INC CLASS ACOM0.05%$261,000184
61MDLZMONDELEZ INT'LCOM0.04%$256,0005.0K
62RTXRAYTHEON TECHNOLOGIES COCOM0.04%$229,0003.7K

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 ↗.