SEC 13F Intelligence

Managers / Q2 2021 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$522M
Q2 2021
Positions
66
Filings on Record
30
2019–present window
Filed
Jul 29, 2021
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $522M in U.S.-listed holdings across 66 positions for Q2 2021.

Its largest position, MSFT, represents 6.7% of the portfolio.

Compared with Q1 2021, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+45.3%
share of reported value
Largest Position
+6.7%
Microsoft
New / Exited
3 / 1
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: 93.5%ADR: 3.0%Other: 1.9%ETP: 1.6%
  • Common Stock · 93.5% · $489M
  • ADR · 3.0% · $15M
  • Other · 1.9% · $10M
  • ETP · 1.6% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALLALLSTATENEW+1.7K1.7K+$220,000$220,000
IBDR2026 ISHARES IBONDS ETFNEW+3.3K3.3K+$87,000$87,000
BSCQ2026 INVESCO BULLETSHARES CORP BOND ETFNEW+2.3K2.3K+$49,000$49,000
TAT&T INCSOLD OUT−10.3K0−$312,000$0
SFSTIFEL FINANCIAL CORPTRIMMED−3.5K3.5K−$220,000$224,000
2024 ISHARES IBONDS ETFTRIMMED−70.2K73.0K−$2M$2M
2023 ISHARES IBONDS ETFTRIMMED−88.8K97.8K−$2M$3M
2025 ISHARES IBONDS ETFTRIMMED−40.9K47.5K−$1M$1M

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

Holdings — Q2 2021

65 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.68%$35M128.8K
2LOWLOWE'S COMPANIEShistory →COM5.98%$31M161.1K
3JPMJP MORGAN CHASEhistory →COM5.01%$26M168.2K
4UPSUNITED PARCEL SERVICEhistory →COM4.49%$23M112.7K
5CMCSACOMCAST CORPhistory →COM4.48%$23M410.3K
6CSCOCISCO SYSTEMShistory →COM4.19%$22M413.2K
7HONHONEYWELL INT'Lhistory →COM3.83%$20M91.3K
8PFEPFIZERhistory →COM3.67%$19M489.0K
9DISWALT DISNEY COhistory →COM3.64%$19M108.1K
10JNJJOHNSON & JOHNSONhistory →COM3.37%$18M106.8K
11PGPROCTER & GAMBLEhistory →COM3.01%$16M116.5K
12NVSNOVARTIS AG ADRhistory →COM2.96%$15M169.3K
13JCIJOHNSON CONTROLShistory →COM2.95%$15M224.8K
14PEPPEPSICOhistory →COM2.89%$15M102.0K
15USBU.S. BANCORPhistory →COM2.84%$15M260.4K
16COFCAPITAL ONEhistory →COM2.77%$14M93.6K
17PPGPPG INDUSTRIES INChistory →COM2.58%$13M79.5K
18VZVERIZON COMMhistory →COM2.49%$13M232.3K
19PMPHILIP MORRIS INT'Lhistory →COM2.47%$13M130.1K
20LMTLOCKHEED MARTINhistory →COM2.31%$12M31.8K
21ALCALCON INC Fhistory →COM2.29%$12M170.6K
22ACNACCENTURE PLChistory →COM2.23%$12M39.5K
23KOCOCA-COLAhistory →COM1.94%$10M187.7K
24TJXTJX COMPANIES INChistory →COM1.93%$10M149.8K
25DDDUPONThistory →COM1.85%$10M124.6K
26SBUXSTARBUCKS CORPhistory →COM1.49%$8M69.8K
27MOALTRIA GROUPhistory →COM1.42%$7M155.6K
28BDXBECTON DICKINSONhistory →COM1.35%$7M29.0K
29WMWASTE MANAGEMENThistory →COM1.33%$7M49.7K
30PSXPHILLIPS 66history →COM1.28%$7M78.0K
31SLBSCHLUMBERGERhistory →COM1.27%$7M206.9K
32ORCLORACLE CORPhistory →COM1.26%$7M84.4K
33MARMARRIOTT INT'Lhistory →COM1.19%$6M45.4K
34DUKDUKE ENERGY CORPhistory →COM1.16%$6M61.5K
352021 ISHARES IBONDS ETFETF0.71%$4M149.0K
362022 ISHARES IBONDS ETFETF0.51%$3M104.8K
372023 ISHARES IBONDS ETFETF0.49%$3M97.8K
38SOSOUTHERN COCOM0.44%$2M37.6K
392021 INVESCO BULLETSHARES CORP BOND ETFETF0.41%$2M100.8K
402024 ISHARES IBONDS ETFETF0.37%$2M73.0K
41HDHOME DEPOT INCCOM0.29%$1M4.7K
422025 ISHARES IBONDS ETFETF0.25%$1M47.5K
432022 INVESCO BULLETSHARES CORP BOND ETFETF0.18%$960,00044.5K
44AAPLAPPLE INCCOM0.15%$785,0005.7K
45GOOGLALPHABET INC CLASS ACOM0.15%$780,000316
462023 INVESCO BULLETSHARES CORP BOND ETFETF0.15%$760,00035.0K
47MRKMERCK & COCOM0.14%$720,0009.3K
482024 INVESCO BULLETSHARES CORP BOND ETFETF0.13%$672,00030.3K
49DDOMINION RESCOM0.12%$651,0008.8K
502025 INVESCO BULLETSHARES CORP BOND ETFETF0.09%$461,00020.7K
51WECWISCONSIN ENERGY CORPCOM0.08%$431,0004.8K
52QQQINVESCO QQQ TRUSTETF0.08%$430,0001.2K
53ABTABBOTT LABSCOM0.08%$406,0003.5K
54ABBVIECOM0.08%$394,0003.5K
55WMTWALMART INCCOM0.07%$385,0002.7K
56LNTALLIANT ENERGY CORPCOM0.06%$335,0006.0K
57GISGENERAL MILLSCOM0.06%$329,0005.4K
58MDLZMONDELEZ INT'LCOM0.06%$312,0005.0K
59SFSTIFEL FINANCIAL CORPCOM0.04%$224,0003.5K
60ALLALLSTATECOM0.04%$220,0001.7K
61NSCNORFOLK SOUTHERN CORPCOM0.04%$212,000800
62IVVISHARES CORE S&P 500 ETFETF0.04%$206,000479
63MCDMCDONALDS CORPCOM0.04%$206,000890
64IBDR2026 ISHARES IBONDS ETFETF0.02%$87,0003.3K
65BSCQ2026 INVESCO BULLETSHARES CORP BOND ETFETF0.01%$49,0002.3K

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 ↗.