SEC 13F Intelligence

Managers / Q1 2021 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$525M
Q1 2021
Positions
70
Filings on Record
29
2019–present window
Filed
May 12, 2021
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $525M in U.S.-listed holdings across 70 positions for Q1 2021.

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

Compared with Q4 2020, the fund opened 5 new positions and exited 0.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+45.3%
share of reported value
Largest Position
+6.5%
Lowe S Companies

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: 92.8%ADR: 2.8%Other: 2.2%ETP: 2.1%
  • Common Stock · 92.8% · $487M
  • ADR · 2.8% · $15M
  • Other · 2.2% · $12M
  • ETP · 2.1% · $11M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WMWASTE MANAGEMENTNEW+42.3K42.3K+$5M$5M
ORCLORACLE CORPNEW+70.5K70.5K+$5M$5M
QQQINVESCO QQQ TRUSTNEW+1.2K1.2K+$387,000$387,000
NSCNORFOLK SOUTHERN CORPNEW+800800+$215,000$215,000
IVVISHARES CORE S&P 500 ETFNEW+468468+$186,000$186,000
2025 INVESCO BULLETSHARES CORP BOND ETFADDED+17.2K32.7K+$380,000$732,000
2024 INVESCO BULLETSHARES CORP BOND ETFADDED+28.8K56.4K+$638,000$1M
2023 ISHARES IBONDS ETFADDED+94.6K186.6K+$2M$5M

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

Holdings — Q1 2021

69 positions (from 70 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LOWLOWE'S COMPANIEShistory →COM6.49%$34M179.0K
2MSFTMICROSOFT CORPhistory →COM6.30%$33M140.2K
3JPMJP MORGAN CHASEhistory →COM5.08%$27M175.1K
4CMCSACOMCAST CORPhistory →COM4.29%$22M415.6K
5CSCOCISCO SYSTEMShistory →COM4.26%$22M432.0K
6HONHONEYWELL INT'Lhistory →COM3.91%$21M94.6K
7UPSUNITED PARCEL SERVICEhistory →COM3.90%$20M120.2K
8VZVERIZON COMMhistory →COM3.71%$19M334.6K
9DISWALT DISNEY COhistory →COM3.70%$19M105.3K
10PFEPFIZERhistory →COM3.68%$19M533.0K
11JNJJOHNSON & JOHNSONhistory →COM3.43%$18M109.5K
12PGPROCTER & GAMBLEhistory →COM3.09%$16M119.7K
13USBU.S. BANCORPhistory →COM2.89%$15M274.5K
14NVSNOVARTIS AG ADRhistory →COM2.83%$15M173.6K
15PEPPEPSICOhistory →COM2.83%$15M104.9K
16COFCAPITAL ONEhistory →COM2.72%$14M112.3K
17JCIJOHNSON CONTROLShistory →COM2.69%$14M236.8K
18PPGPPG INDUSTRIES INChistory →COM2.35%$12M81.9K
19ALCALCON INC Fhistory →COM2.34%$12M175.3K
20PMPHILIP MORRIS INT'Lhistory →COM2.28%$12M135.1K
21ACNACCENTURE PLChistory →COM2.19%$12M41.7K
22LMTLOCKHEED MARTINhistory →COM2.18%$11M31.0K
23TJXTJX COMPANIES INChistory →COM1.94%$10M154.3K
24KOCOCA-COLAhistory →COM1.94%$10M192.7K
25DDDUPONThistory →COM1.93%$10M131.1K
26MOALTRIA GROUPhistory →COM1.47%$8M151.0K
27DUKDUKE ENERGY CORPhistory →COM1.34%$7M73.0K
28MARMARRIOTT INT'Lhistory →COM1.29%$7M45.7K
29SBUXSTARBUCKS CORPhistory →COM1.28%$7M61.6K
30PSXPHILLIPS 66history →COM1.28%$7M82.3K
31SLBSCHLUMBERGERhistory →COM1.18%$6M227.3K
32WMWASTE MANAGEMENThistory →COM1.04%$5M42.3K
33ORCLORACLE CORPCOM0.94%$5M70.5K
34BDXBECTON DICKINSONCOM0.94%$5M20.2K
352021 ISHARES IBONDSETF0.53%$3M112.6K
362023 ISHARES IBONDSETF0.47%$2M94.6K
372023 ISHARES IBONDS ETFETF0.46%$2M92.1K
382022 ISHARES IBONDSETF0.45%$2M92.3K
39SOSOUTHERN COCOM0.45%$2M37.7K
402024 ISHARES IBONDSETF0.36%$2M72.0K
412024 ISHARES IBONDS ETFETF0.36%$2M71.3K
422021 INVESCO BULLETSHARES CORP BONDETF0.31%$2M75.9K
43HDHOME DEPOT INCCOM0.27%$1M4.7K
442025 ISHARES IBONDSETF0.23%$1M44.8K
452025 ISHARES IBONDS ETFETF0.23%$1M43.6K
46MRKMERCK & COCOM0.14%$748,0009.7K
47AAPLAPPLE INCCOM0.14%$730,0006.0K
48DDOMINION RESCOM0.13%$702,0009.2K
492023 INVESCO BULLETSHARES CORP BONDETF0.13%$690,00031.7K
502023 INVESCO BULLETSHARES CORP BOND ETFETF0.13%$683,00031.2K
512022 INVESCO BULLETSHARES CORP BONDETF0.13%$675,00031.2K
52GOOGLALPHABET INC CLASS ACOM0.12%$652,000316
532024 INVESCO BULLETSHARES CORP BONDETF0.12%$638,00028.8K
542024 INVESCO BULLETSHARES CORP BOND ETFETF0.12%$617,00027.6K
55ABTABBOTT LABSCOM0.09%$494,0004.1K
56WECWISCONSIN ENERGY CORPCOM0.09%$454,0004.8K
57SFSTIFEL FINANCIAL CORPCOM0.08%$444,0006.9K
58WMTWALMART INCCOM0.08%$407,0003.0K
59QQQINVESCO QQQ TRUSTETF0.07%$387,0001.2K
602025 INVESCO BULLETSHARES CORP BONDETF0.07%$380,00017.2K
61ABBVIECOM0.07%$379,0003.5K
622025 INVESCO BULLETSHARES CORP BOND ETFETF0.07%$352,00015.6K
63GISGENERAL MILLSCOM0.06%$331,0005.4K
64LNTALLIANT ENERGY CORPCOM0.06%$325,0006.0K
65TAT&T INCCOM0.06%$312,00010.3K
66MDLZMONDELEZ INT'LCOM0.06%$293,0005.0K
67MCDMCDONALDS CORPCOM0.04%$220,000980
68NSCNORFOLK SOUTHERN CORPCOM0.04%$215,000800
69IVVISHARES CORE S&P 500 ETFETF0.04%$186,000468

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 ↗.