SEC 13F Intelligence

Managers / Q1 2025 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$466M
Q1 2025
Positions
68
Filings on Record
30
2019–present window
Filed
Apr 25, 2025
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $466M in U.S.-listed holdings across 68 positions for Q1 2025.

Its largest position, JPM, represents 7.1% of the portfolio.

Compared with Q4 2024, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+5.7%
vs prior filed quarter
Top-10 Concentration
+42.8%
share of reported value
Largest Position
+7.1%
Jp Morgan
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
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: 92.3%ADR: 3.3%ETP: 2.5%REIT: 1.9%
  • Common Stock · 92.3% · $430M
  • ADR · 3.3% · $15M
  • ETP · 2.5% · $12M
  • REIT · 1.9% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMGNAMGEN INCNEW+16.2K16.2K+$5M$5M
BXBLACKSTONE GROUPNEW+30.2K30.2K+$4M$4M
WECWISCONSIN ENERGYNEW+1.9K1.9K+$202,000$202,000
CMCSACOMCAST CORPSOLD OUT−307.5K0−$12M$0
SBUXSTARBUCKS CORPTRIMMED−90.2K2.1K−$8M$204,000
EQIXEQUINIX INC REITADDED+4.0K10.8K+$2M$9M
MDLZMONDELEZ INT'LADDED+28.4K81.3K+$2M$6M
ORCLORACLE CORPTRIMMED−25.3K72.5K−$6M$10M

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

Holdings — Q1 2025

67 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JPMJP MORGANhistory →COM7.06%$33M134.2K
2MSFTMICROSOFT CORPhistory →COM6.46%$30M80.2K
3LOWLOWE'Shistory →COM4.71%$22M94.1K
4BLKBLACKROCKhistory →COM4.65%$22M22.9K
5HONHONEYWELL INT'Lhistory →COM3.74%$17M82.4K
6GSGOLDMAN SACHShistory →COM3.66%$17M31.2K
7JNJJOHNSON/JOHNSONhistory →COM3.28%$15M92.1K
8NVSNOVARTIS AG ADRhistory →COM3.26%$15M136.4K
9WTWWILLIS TOWERShistory →COM3.04%$14M42.0K
10WMWASTE MGMThistory →COM2.96%$14M59.5K
11MARMARRIOTT INT'Lhistory →COM2.69%$13M52.7K
12KOCOCA-COLAhistory →COM2.68%$12M174.4K
13ALCALCON INC Fhistory →COM2.64%$12M129.8K
14NDAQNASDAQhistory →COM2.62%$12M161.2K
15PMPHILIP MORRIShistory →COM2.55%$12M74.8K
16LMTLOCKHEED MARTINhistory →COM2.51%$12M26.2K
17CSCOCISCO SYSTEMShistory →COM2.46%$11M185.7K
18MCDMCDONALDS CORPhistory →COM2.24%$10M33.5K
19NEENEXTERA ENERGYhistory →COM2.23%$10M146.7K
20ORCLORACLE CORPhistory →COM2.17%$10M72.5K
21PGPROCTER/GAMBLEhistory →COM2.17%$10M59.4K
22COFCAPITAL ONEhistory →COM2.17%$10M56.4K
23ACNACCENTURE PLChistory →COM2.11%$10M31.5K
24TXNTEXAS INSTR.history →COM1.94%$9M50.4K
25DISWALT DISNEY COhistory →COM1.93%$9M91.0K
26UPSUPShistory →COM1.93%$9M81.6K
27UNHUNITEDHEALTHhistory →COM1.90%$9M16.9K
28EQIXEQUINIX INC REIThistory →COM1.88%$9M10.8K
29DHRDANAHER CORPhistory →COM1.86%$9M42.3K
30PPGPPG INDUSTRIEShistory →COM1.69%$8M72.0K
31PSXPHILLIPS 66history →COM1.40%$7M52.9K
32SLBSLBhistory →COM1.38%$6M153.7K
33PFEPFIZERhistory →COM1.26%$6M232.1K
34MDLZMONDELEZ INT'Lhistory →COM1.18%$6M81.3K
35AMGNAMGEN INChistory →COM1.08%$5M16.2K
36HSYHERSHEY FOODSCOM0.92%$4M25.2K
37BXBLACKSTONE GROUPCOM0.91%$4M30.2K
382025 ISHARES IBONDS ETFETF0.48%$2M88.7K
39IBDR2026 ISHARES IBONDS ETFETF0.41%$2M79.5K
402027 ISHARES IBONDS ETFETF0.37%$2M71.4K
41IBDT2028 ISHARES IBONDS ETFETF0.33%$2M60.7K
42AAPLAPPLE INCCOM0.27%$1M5.7K
43HDHOME DEPOT INCCOM0.25%$1M3.2K
442025 INVESCO BULLETSHARES CORP BOND ETFETF0.22%$1M48.7K
45IBDU2029 ISHARES IBONDS ETFETF0.21%$994,00043.0K
46ABBVABBVIECOM0.19%$883,0004.2K
47WMTWALMART INCCOM0.17%$813,0009.3K
48BSCR2027 INVESCO BULLETSHARES CORP BOND ETFETF0.16%$768,00039.2K
49BSCQ2026 INVESCO BULLETSHARES CORP BOND ETFETF0.15%$722,00037.1K
50MRKMERCK & COCOM0.14%$657,0007.3K
51GOOGLALPHABET INC CL ACOM0.13%$614,0004.0K
52EXMOCEXXON MOBILCOM0.11%$532,0004.5K
53ABTABBOTT LABSCOM0.11%$501,0003.8K
54WFCWELLS FARGOCOM0.10%$479,0006.7K
55SOSOUTHERN COCOM0.10%$465,0005.1K
56BSCS2028 INVESCO BULLETSHARES CORP BOND ETFETF0.08%$376,00018.5K
57ALLALLSTATECOM0.07%$349,0001.7K
58GISGENERAL MILLSCOM0.07%$342,0005.7K
59SFSTIFEL FINANCIALCOM0.07%$325,0003.5K
60LNTALLIANT ENERGYCOM0.07%$322,0005.0K
61PEPPEPSICOCOM0.06%$294,0002.0K
62NVDANVIDIA CORPCOM0.06%$288,0002.7K
63CVXCHEVRONCOM0.06%$276,0001.6K
64IVVISHARES CORE S&P 500 ETFETF0.05%$237,000421
65BSCT2029 INVESCO BULLETSHARES CORP BOND ETFETF0.05%$216,00011.6K
66SBUXSTARBUCKS CORPCOM0.04%$204,0002.1K
67WECWISCONSIN ENERGYCOM0.04%$202,0001.9K

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 ↗.