SEC 13F Intelligence

Managers / Q3 2024 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$499M
Q3 2024
Positions
68
Filings on Record
29
2019–present window
Filed
Nov 1, 2024
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $499M in U.S.-listed holdings across 68 positions for Q3 2024.

Its largest position, MSFT, represents 7.2% of the portfolio.

Compared with Q2 2024, the fund opened 5 new positions and exited 1.

Portfolio Metrics

Turnover
+6.2%
vs prior filed quarter
Top-10 Concentration
+42.0%
share of reported value
Largest Position
+7.2%
Microsoft
New / Exited
5 / 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
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: 93.3%ADR: 3.2%ETP: 2.3%REIT: 1.1%Open-End Fund: 0.1%
  • Common Stock · 93.3% · $466M
  • ADR · 3.2% · $16M
  • ETP · 2.3% · $12M
  • REIT · 1.1% · $6M
  • Open-End Fund · 0.1% · $251,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BLKBLACKROCKNEW+19.7K19.7K+$19M$19M
COFCAPITAL ONENEW+39.3K39.3K+$6M$6M
WFCWELLS FARGONEW+5.3K5.3K+$298,000$298,000
VWENXVANGUARD WELLINGTON FUND ADMNEW+3.1K3.1K+$251,000$251,000
BSCS2028 INVESCO BULLETSHARES CORP BOND ETFNEW+11.1K11.1K+$228,000$228,000
BLACKROCKSOLD OUT−19.8K0−$16M$0
PEPPEPSICOTRIMMED−54.6K2.0K−$9M$334,000
MARMARRIOTT INT'LADDED+14.8K54.4K+$4M$14M

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

Holdings — Q3 2024

67 positions (from 68 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM7.19%$36M83.5K
2JPMJP MORGANhistory →COM6.12%$31M144.8K
3LOWLOWE'Shistory →COM5.40%$27M99.6K
4BLKBLACKROCKhistory →COM3.74%$19M19.7K
5HONHONEYWELL INT'Lhistory →COM3.47%$17M83.8K
6ORCLORACLE CORPhistory →COM3.44%$17M100.8K
7GSGOLDMAN SACHShistory →COM3.33%$17M33.5K
8NVSNOVARTIS AG ADRhistory →COM3.23%$16M140.5K
9LMTLOCKHEED MARTINhistory →COM3.11%$16M26.6K
10JNJJOHNSON/JOHNSONhistory →COM3.01%$15M92.8K
11ALCALCON INC Fhistory →COM2.79%$14M139.2K
12CMCSACOMCAST CORPhistory →COM2.73%$14M326.6K
13MARMARRIOTT INT'Lhistory →COM2.71%$14M54.4K
14WTWWILLIS TOWERShistory →COM2.62%$13M44.4K
15WMWASTE MGMThistory →COM2.55%$13M61.4K
16NEENEXTERA ENERGYhistory →COM2.53%$13M149.6K
17KOCOCA-COLAhistory →COM2.48%$12M172.4K
18NDAQNASDAQhistory →COM2.38%$12M163.0K
19ACNACCENTURE PLChistory →COM2.35%$12M33.3K
20DHRDANAHER CORPhistory →COM2.34%$12M42.1K
21UPSUPShistory →COM2.18%$11M79.7K
22CSCOCISCO SYSTEMShistory →COM2.13%$11M199.4K
23TXNTEXAS INSTR.history →COM2.12%$11M51.2K
24PGPROCTER/GAMBLEhistory →COM2.09%$10M60.3K
25PPGPPG INDUSTRIEShistory →COM1.99%$10M75.1K
26PMPHILIP MORRIShistory →COM1.90%$9M78.0K
27SBUXSTARBUCKS CORPhistory →COM1.75%$9M89.4K
28DISWALT DISNEY COhistory →COM1.69%$8M87.7K
29TGTTARGET CORPhistory →COM1.55%$8M49.7K
30PSXPHILLIPS 66history →COM1.44%$7M54.7K
31PFEPFIZERhistory →COM1.36%$7M235.0K
32SLBSLBhistory →COM1.28%$6M153.0K
33COFCAPITAL ONEhistory →COM1.18%$6M39.3K
34UNHUNITEDHEALTHhistory →COM1.17%$6M10.0K
35MCDMCDONALDS CORPhistory →COM1.15%$6M18.9K
36EQIXEQUINIX INC REIThistory →COM1.11%$6M6.2K
37MDLZMONDELEZ INT'Lhistory →COM1.09%$5M73.7K
38HSYHERSHEY FOODShistory →COM1.00%$5M26.1K
392025 ISHARES IBONDS ETFETF0.44%$2M86.8K
402024 ISHARES IBONDS ETFETF0.40%$2M79.7K
41IBDR2026 ISHARES IBONDS ETFETF0.34%$2M70.3K
422027 ISHARES IBONDS ETFETF0.27%$1M56.3K
43AAPLAPPLE INCCOM0.26%$1M5.6K
44HDHOME DEPOT INCCOM0.26%$1M3.2K
452024 INVESCO BULLETSHARES CORP BOND ETFETF0.20%$987,00046.8K
46IBDT2028 ISHARES IBONDS ETFETF0.19%$968,00037.9K
472025 INVESCO BULLETSHARES CORP BOND ETFETF0.18%$917,00044.4K
48MRKMERCK & COCOM0.17%$861,0007.6K
49ABBVABBVIECOM0.17%$832,0004.2K
50WMTWALMART INCCOM0.15%$756,0009.4K
51GOOGLALPHABET INC CL ACOM0.13%$659,0004.0K
52EXMOCEXXON MOBILCOM0.10%$524,0004.5K
53BSCQ2026 INVESCO BULLETSHARES CORP BOND ETFETF0.10%$518,00026.5K
54SOSOUTHERN COCOM0.09%$456,0005.1K
55ABTABBOTT LABSCOM0.09%$431,0003.8K
56GISGENERAL MILLSCOM0.08%$423,0005.7K
57NVDANVIDIA CORPCOM0.07%$355,0002.9K
58BSCR2027 INVESCO BULLETSHARES CORP BOND ETFETF0.07%$337,00017.1K
59PEPPEPSICOCOM0.07%$334,0002.0K
60SFSTIFEL FINANCIALCOM0.06%$324,0003.5K
61ALLALLSTATECOM0.06%$319,0001.7K
62LNTALLIANT ENERGYCOM0.06%$303,0005.0K
63WFCWELLS FARGOCOM0.06%$298,0005.3K
64IVVISHARES CORE S&P 500 ETFETF0.06%$279,000483
65CVXCHEVRONCOM0.05%$268,0001.8K
66VWENXVANGUARD WELLINGTON FUND ADMETF0.05%$251,0003.1K
67BSCS2028 INVESCO BULLETSHARES CORP BOND ETFETF0.05%$228,00011.1K

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 ↗.