SEC 13F Intelligence

Managers / Q4 2020 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$534M
Q4 2020
Positions
59
Filings on Record
30
2019–present window
Filed
Feb 12, 2021
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $534M in U.S.-listed holdings across 59 positions for Q4 2020.

Its largest position, MSFT, represents 6.5% of the portfolio.

Compared with Q3 2020, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+4.3%
vs prior filed quarter
Top-10 Concentration
+46.7%
share of reported value
Largest Position
+6.5%
Microsoft
New / Exited
3 / 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: 93.8%ADR: 3.5%Other: 1.6%ETP: 1.1%
  • Common Stock · 93.8% · $501M
  • ADR · 3.5% · $19M
  • Other · 1.6% · $8M
  • ETP · 1.1% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BDXBECTON DICKINSONNEW+22.2K22.2K+$6M$6M
GOOGALPHABET INC CLASS CNEW+133133+$233,000$233,000
MCDMCDONALDS CORPNEW+980980+$210,000$210,000
2025 ISHARES IBONDS ETFADDED+39.8K43.6K+$1M$1M
2025 INVESCO BULLETSHARES CORP BOND ETFADDED+10.9K15.6K+$248,000$352,000
INTCINTEL CORPSOLD OUT−321.7K0−$17M$0
2020 INVESCO BULLETSHARES CORP BOND ETFSOLD OUT−77.1K0−$2M$0
2020 ISHARES IBONDS ETFSOLD OUT−54.9K0−$1M$0

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

Holdings — Q4 2020

58 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.54%$35M157.1K
2LOWLOWE'S COMPANIEShistory →COM6.05%$32M201.3K
3JPMJP MORGAN CHASEhistory →COM5.02%$27M211.1K
4CMCSACOMCAST CORPhistory →COM4.57%$24M465.9K
5HONHONEYWELL INT'Lhistory →COM4.33%$23M108.7K
6CSCOCISCO SYSTEMShistory →COM4.15%$22M495.8K
7DISWALT DISNEY COhistory →COM4.14%$22M122.0K
8UPSUNITED PARCEL SERVICEhistory →COM4.06%$22M128.8K
9VZVERIZON COMMhistory →COM3.98%$21M361.5K
10PFEPFIZERhistory →COM3.87%$21M562.3K
11JNJJOHNSON & JOHNSONhistory →COM3.64%$19M123.7K
12NVSNOVARTIS AG ADRhistory →COM3.48%$19M196.7K
13PGPROCTER & GAMBLEhistory →COM3.36%$18M129.0K
14PEPPEPSICOhistory →COM3.17%$17M114.2K
15USBU.S. BANCORPhistory →COM2.70%$14M309.8K
16COFCAPITAL ONEhistory →COM2.66%$14M143.7K
17PPGPPG INDUSTRIES INChistory →COM2.47%$13M91.5K
18JCIJOHNSON CONTROLShistory →COM2.46%$13M281.7K
19LMTLOCKHEED MARTINhistory →COM2.44%$13M36.7K
20PMPHILIP MORRIS INT'Lhistory →COM2.38%$13M153.6K
21ACNACCENTURE PLChistory →COM2.28%$12M46.6K
22ALCALCON INC Fhistory →COM2.26%$12M182.7K
23TJXTJX COMPANIES INChistory →COM2.23%$12M174.7K
24KOCOCA-COLAhistory →COM2.16%$12M210.8K
25DDDUPONThistory →COM2.02%$11M151.5K
26MOALTRIA GROUPhistory →COM1.49%$8M194.2K
27SBUXSTARBUCKS CORPhistory →COM1.38%$7M68.7K
28PSXPHILLIPS 66history →COM1.36%$7M103.7K
29SLBSCHLUMBERGERhistory →COM1.30%$7M318.6K
30DUKDUKE ENERGY CORPhistory →COM1.25%$7M72.8K
31MARMARRIOTT INT'Lhistory →COM1.24%$7M50.2K
32BDXBECTON DICKINSONhistory →COM1.04%$6M22.2K
332021 ISHARES IBONDS ETFETF0.50%$3M107.6K
342023 ISHARES IBONDS ETFETF0.45%$2M92.1K
35SOSOUTHERN COCOM0.44%$2M38.7K
362022 ISHARES IBONDS ETFETF0.43%$2M89.3K
372024 ISHARES IBONDS ETFETF0.35%$2M71.3K
382021 INVESCO BULLETSHARES CORP BOND ETFETF0.26%$1M65.6K
39HDHOME DEPOT INCCOM0.23%$1M4.7K
402025 ISHARES IBONDS ETFETF0.22%$1M43.6K
41MRKMERCK & COCOM0.15%$794,0009.7K
42AAPLAPPLE INCCOM0.15%$793,0006.0K
43DDOMINION RESCOM0.14%$724,0009.6K
442022 INVESCO BULLETSHARES CORP BOND ETFETF0.13%$686,00031.6K
452023 INVESCO BULLETSHARES CORP BOND ETFETF0.13%$683,00031.2K
462024 INVESCO BULLETSHARES CORP BOND ETFETF0.12%$617,00027.6K
47GOOGLALPHABET INC CLASS ACOM0.10%$554,000316
48ABTABBOTT LABSCOM0.08%$451,0004.1K
49WECWISCONSIN ENERGY CORPCOM0.08%$446,0004.8K
50WMTWALMART INCCOM0.08%$432,0003.0K
51ABBVIECOM0.07%$375,0003.5K
522025 INVESCO BULLETSHARES CORP BOND ETFETF0.07%$352,00015.6K
53SFSTIFEL FINANCIAL CORPCOM0.07%$350,0006.9K
54GISGENERAL MILLSCOM0.06%$317,0005.4K
55LNTALLIANT ENERGY CORPCOM0.06%$309,0006.0K
56TAT&T INCCOM0.06%$296,00010.3K
57MDLZMONDELEZ INT'LCOM0.05%$292,0005.0K
58MCDMCDONALDS CORPCOM0.04%$210,000980

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 ↗.