SEC 13F Intelligence

Managers / Q3 2022 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$399M
Q3 2022
Positions
64
Filings on Record
30
2019–present window
Filed
Oct 31, 2022
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $399M in U.S.-listed holdings across 64 positions for Q3 2022.

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

Compared with Q2 2022, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+1.4%
vs prior filed quarter
Top-10 Concentration
+41.4%
share of reported value
Largest Position
+6.5%
Lowe S Companies
New / Exited
1 / 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
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: 94.5%ADR: 3.1%ETP: 2.0%Other: 0.5%
  • Common Stock · 94.5% · $377M
  • ADR · 3.1% · $12M
  • ETP · 2.0% · $8M
  • Other · 0.5% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EXMOCEXXON MOBILNEW+2.3K2.3K+$201,000$201,000
GOOGLALPHABET INC CLASS AADDED+2.1K2.2K−$30,000$214,000
GOOGALPHABET INC CLASS CADDED+2.1K2.2K−$28,000$210,000
2022 INVESCO BULLETSHARES CORP BOND ETFSOLD OUT−101.3K0−$2M$0
2023 INVESCO BULLETSHARES CORP BOND ETFSOLD OUT−48.6K0−$1M$0
2022 ISHARES IBONDS ETFTRIMMED−117.3K35.9K−$3M$898,000
TXNTEXAS INSTR.ADDED+20.9K49.8K+$3M$8M
2023 ISHARES IBONDS ETFTRIMMED−78.6K36.5K−$2M$910,000

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

Holdings — Q3 2022

63 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LOWLOWE'S COMPANIEShistory →COM6.50%$26M137.9K
2MSFTMICROSOFT CORPhistory →COM6.15%$25M105.3K
3JPMJP MORGAN CHASEhistory →COM4.43%$18M168.9K
4JNJJOHNSON & JOHNSONhistory →COM4.04%$16M98.6K
5PEPPEPSICOhistory →COM3.77%$15M92.2K
6HONHONEYWELL INT'Lhistory →COM3.75%$15M89.5K
7PGPROCTER & GAMBLEhistory →COM3.43%$14M108.4K
8UPSUPShistory →COM3.33%$13M82.2K
9NVSNOVARTIS AG ADRhistory →COM3.07%$12M160.8K
10CMCSACOMCAST CORPhistory →COM2.95%$12M400.8K
11CSCOCISCO SYSTEMShistory →COM2.80%$11M279.1K
12DISWALT DISNEY COhistory →COM2.70%$11M114.2K
13JCIJOHNSON CONTROLShistory →COM2.53%$10M204.6K
14PMPHILIP MORRIShistory →COM2.49%$10M119.8K
15KOCOCA-COLAhistory →COM2.49%$10M177.4K
16USBU.S. BANCORPhistory →COM2.49%$10M245.8K
17WMWASTE MGMThistory →COM2.42%$10M60.2K
18ACNACCENTURE PLChistory →COM2.36%$9M36.5K
19ALCALCON INC Fhistory →COM2.31%$9M158.4K
20PPGPPG INDUSTRIES INChistory →COM2.30%$9M82.9K
21PFEPFIZERhistory →COM2.28%$9M207.6K
22TGTTARGET CORPhistory →COM2.21%$9M59.3K
23WTWWILLIS TOWERShistory →COM2.14%$9M42.4K
24BDXBECTON DICKINSONhistory →COM1.94%$8M34.8K
25TXNTEXAS INSTR.history →COM1.93%$8M49.8K
26SBUXSTARBUCKS CORPhistory →COM1.88%$8M89.0K
27VZVERIZON COMMhistory →COM1.88%$7M197.2K
28LMTLOCKHEED MARTINhistory →COM1.84%$7M19.0K
29ORCLORACLE CORPhistory →COM1.67%$7M109.2K
30DDDUPONThistory →COM1.64%$7M130.1K
31MOALTRIA GROUPhistory →COM1.58%$6M155.6K
32ACTIVISIONCOM1.58%$6M84.5K
33DUKDUKE ENERGY CORPhistory →COM1.47%$6M63.1K
34MARMARRIOTT INT'Lhistory →COM1.44%$6M41.1K
35SLBSCHLUMBERGERhistory →COM1.41%$6M156.7K
36PSXPHILLIPS 66history →COM1.06%$4M52.5K
37BLACKROCKCOM1.06%$4M7.7K
382024 ISHARES IBONDS ETFETF0.57%$2M93.7K
39SOSOUTHERN COCOM0.54%$2M31.6K
402025 ISHARES IBONDS ETFETF0.53%$2M87.0K
41IBDR2026 ISHARES IBONDS ETFETF0.32%$1M55.5K
42HDHOME DEPOT INCCOM0.28%$1M4.0K
432024 INVESCO BULLETSHARES CORP BOND ETFETF0.23%$932,00045.7K
442023 ISHARES IBONDS ETFETF0.23%$910,00036.5K
452022 ISHARES IBONDS ETFETF0.23%$898,00035.9K
462025 INVESCO BULLETSHARES CORP BOND ETFETF0.19%$762,00038.2K
47MRKMERCK & COCOM0.19%$751,0008.7K
48AAPLAPPLE INCCOM0.15%$610,0004.4K
49DDOMINION RESCOM0.15%$591,0008.5K
50ABBVABBVIECOM0.12%$470,0003.5K
51GOOGLALPHABET INC CLASS ACOM0.11%$424,0004.4K
52GISGENERAL MILLSCOM0.10%$411,0005.4K
53WMTWALMART INCCOM0.09%$354,0002.7K
54WECWISCONSIN ENERGY CORPCOM0.08%$326,0003.6K
55LNTALLIANT ENERGY CORPCOM0.08%$318,0006.0K
56ABTABBOTT LABSCOM0.08%$310,0003.2K
57MDLZMONDELEZ INT'LCOM0.07%$274,0005.0K
58BSCQ2026 INVESCO BULLETSHARES CORP BOND ETFETF0.06%$231,00012.4K
592027 ISHARES IBONDS ETFETF0.06%$222,0009.7K
60CVXCHEVRONCOM0.05%$216,0001.5K
61ALLALLSTATECOM0.05%$210,0001.7K
62BSCR2027 INVESCO BULLETSHARES CORP BOND ETFETF0.05%$208,00011.2K
63EXMOCEXXON MOBILCOM0.05%$201,0002.3K

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 ↗.