SEC 13F Intelligence

Managers / Q3 2020 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$481M
Q3 2020
Positions
59
Filings on Record
30
2019–present window
Filed
Nov 18, 2020
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $481M in U.S.-listed holdings across 59 positions for Q3 2020.

Its largest position, LOW, represents 7.1% of the portfolio.

Compared with Q2 2020, the fund opened 1 new position and exited 4.

Portfolio Metrics

Turnover
+9.7%
vs prior filed quarter
Top-10 Concentration
+47.6%
share of reported value
Largest Position
+7.1%
Lowe S Companies
New / Exited
1 / 4
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: 93.8%ADR: 3.5%Other: 1.7%ETP: 1.0%
  • Common Stock · 93.8% · $451M
  • ADR · 3.5% · $17M
  • Other · 1.7% · $8M
  • ETP · 1.0% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KOCOCA-COLANEW+107.2K107.2K+$5M$5M
AAPLAPPLE INCADDED+5.1K6.8K+$147,000$792,000
WBAWALGREENS BOOTS ALLIANCESOLD OUT−195.1K0−$8M$0
WFCWELLS FARGOSOLD OUT−192.9K0−$5M$0
UNPUNION PACIFICSOLD OUT−2.4K0−$406,000$0
RTXRAYTHEON TECHNOLOGIES COSOLD OUT−3.7K0−$229,000$0
2024 INVESCO BULLETSHARES CORP BOND ETFADDED+8.2K23.3K−$3M$516,000
USBU.S. BANCORPADDED+106.6K324.5K+$4M$12M

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

Holdings — Q3 2020

59 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LOWLOWE'S COMPANIEShistory →COM7.05%$34M204.4K
2MSFTMICROSOFT CORPhistory →COM6.90%$33M157.7K
3UPSUNITED PARCEL SERVICEhistory →COM4.53%$22M130.8K
4CMCSACOMCAST CORPhistory →COM4.47%$21M464.6K
5VZVERIZON COMMhistory →COM4.35%$21M351.5K
6PFEPFIZERhistory →COM4.33%$21M567.2K
7JPMJP MORGAN CHASEhistory →COM4.32%$21M215.6K
8CSCOCISCO SYSTEMShistory →COM4.02%$19M491.4K
9JNJJOHNSON & JOHNSONhistory →COM3.85%$19M124.4K
10HONHONEYWELL INT'Lhistory →COM3.82%$18M111.5K
11PGPROCTER & GAMBLEhistory →COM3.64%$18M126.1K
12NVSNOVARTIS AG ADRhistory →COM3.49%$17M193.0K
13INTCINTEL CORPhistory →COM3.46%$17M321.7K
14DISWALT DISNEY COhistory →COM3.25%$16M126.1K
15PEPPEPSICOhistory →COM3.24%$16M112.5K
16JCIJOHNSON CONTROLShistory →COM2.54%$12M299.0K
17COFCAPITAL ONEhistory →COM2.52%$12M168.9K
18USBU.S. BANCORPhistory →COM2.42%$12M324.5K
19PPGPPG INDUSTRIES INChistory →COM2.42%$12M95.3K
20PMPHILIP MORRIS INT'Lhistory →COM2.26%$11M144.9K
21ACNACCENTURE PLChistory →COM2.19%$11M46.5K
22ALCALCON INC Fhistory →COM2.08%$10M175.9K
23TJXTJX COMPANIES INChistory →COM2.01%$10M173.6K
24DDDUPONThistory →COM1.73%$8M149.6K
25LMTLOCKHEED MARTINhistory →COM1.72%$8M21.6K
26MOALTRIA GROUPhistory →COM1.54%$7M191.5K
27PSXPHILLIPS 66history →COM1.47%$7M136.2K
28DUKDUKE ENERGY CORPhistory →COM1.31%$6M71.0K
29SBUXSTARBUCKS CORPhistory →COM1.20%$6M67.0K
30SLBSCHLUMBERGERhistory →COM1.18%$6M365.9K
31KOCOCA-COLAhistory →COM1.10%$5M107.2K
32MARMARRIOTT INT'LCOM0.98%$5M50.9K
33SOSOUTHERN COCOM0.46%$2M41.2K
342023 ISHARES IBONDS ETFETF0.45%$2M81.9K
352021 ISHARES IBONDS ETFETF0.44%$2M85.0K
362022 ISHARES IBONDS ETFETF0.38%$2M70.7K
372020 INVESCO BULLETSHARES CORP BOND ETFETF0.34%$2M77.1K
38HDHOME DEPOT INCCOM0.32%$2M5.6K
392020 ISHARES IBONDS ETFETF0.29%$1M54.9K
402024 ISHARES IBONDS ETFETF0.20%$980,00037.1K
412021 INVESCO BULLETSHARES CORP BOND ETFETF0.20%$938,00044.0K
42AAPLAPPLE INCCOM0.16%$792,0006.8K
43MRKMERCK & COCOM0.16%$768,0009.3K
44DDOMINION RESCOM0.15%$735,0009.3K
452024 INVESCO BULLETSHARES CORP BOND ETFETF0.11%$516,00023.3K
462022 INVESCO BULLETSHARES CORP BOND ETFETF0.11%$509,00023.3K
47WECWISCONSIN ENERGY CORPCOM0.10%$470,0004.8K
482023 INVESCO BULLETSHARES CORP BOND ETFETF0.10%$464,00021.3K
49ABTABBOTT LABSCOM0.09%$448,0004.1K
50WMTWALMART INCCOM0.08%$382,0002.7K
51GISGENERAL MILLSCOM0.07%$333,0005.4K
52LNTALLIANT ENERGY CORPCOM0.06%$310,0006.0K
53ABBVIECOM0.06%$307,0003.5K
54TAT&T INCCOM0.06%$294,00010.3K
55MDLZMONDELEZ INT'LCOM0.06%$287,0005.0K
56GOOGLALPHABET INC CLASS ACOM0.06%$270,000184
57SFSTIFEL FINANCIAL CORPCOM0.05%$234,0004.6K
582025 ISHARES IBONDS ETFETF0.02%$104,0003.9K
592025 INVESCO BULLETSHARES CORP BOND ETFETF0.02%$104,0004.7K

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 ↗
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 ↗.