SEC 13F Intelligence

Managers / Q2 2025 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$504M
Q2 2025
Positions
71
Filings on Record
30
2019–present window
Filed
Jul 24, 2025
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $504M in U.S.-listed holdings across 71 positions for Q2 2025.

Its largest position, MSFT, represents 7.8% of the portfolio.

Compared with Q1 2025, the fund opened 7 new positions and exited 4.

Portfolio Metrics

Turnover
+6.3%
vs prior filed quarter
Top-10 Concentration
+45.1%
share of reported value
Largest Position
+7.8%
Microsoft
New / Exited
7 / 4
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: 91.5%ADR: 3.3%REIT: 2.6%ETP: 2.5%
  • Common Stock · 91.5% · $462M
  • ADR · 3.3% · $17M
  • REIT · 2.6% · $13M
  • ETP · 2.5% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COSTCOSTCO WHSLNEW+654654+$647,000$647,000
AMZNAMAZON.COM INCNEW+2.8K2.8K+$614,000$614,000
AXPAMERICAN EXPRESSNEW+1.3K1.3K+$425,000$425,000
LLYLILLY, ELI & CONEW+500500+$390,000$390,000
DVYISHARES SELECT DIVIDEND ETFNEW+2.9K2.9K+$381,000$381,000
ITOTISHARES TOTAL U.S. STOCK MKT ENEW+2.4K2.4K+$323,000$323,000
NSCNORFOLK SOUTHERNNEW+1.2K1.2K+$315,000$315,000
GOOGLALPHABET INC CL AADDED+26.4K28.6K+$5M$5M

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

Holdings — Q2 2025

70 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM7.77%$39M78.7K
2JPMJP MORGANhistory →COM7.61%$38M132.4K
3BLKBLACKROCKhistory →COM4.80%$24M23.1K
4GSGOLDMAN SACHShistory →COM4.39%$22M31.3K
5LOWLOWE'Shistory →COM4.18%$21M95.1K
6HONHONEYWELL INT'Lhistory →COM3.80%$19M82.4K
7NVSNOVARTIS AG ADRhistory →COM3.28%$17M136.8K
8ORCLORACLE CORPhistory →COM3.19%$16M73.7K
9DISWALT DISNEY COhistory →COM3.13%$16M127.1K
10MARMARRIOTT INT'Lhistory →COM2.91%$15M53.7K
11NDAQNASDAQhistory →COM2.85%$14M161.0K
12JNJJOHNSON/JOHNSONhistory →COM2.82%$14M93.1K
13WMWASTE MGMThistory →COM2.72%$14M59.9K
14PMPHILIP MORRIShistory →COM2.69%$14M74.6K
15EQIXEQUINIX INC REIThistory →COM2.62%$13M16.6K
16CSCOCISCO SYSTEMShistory →COM2.56%$13M186.2K
17WTWWILLIS TOWERShistory →COM2.50%$13M41.2K
18KOCOCA-COLAhistory →COM2.47%$12M176.4K
19COFCAPITAL ONEhistory →COM2.45%$12M58.2K
20LMTLOCKHEED MARTINhistory →COM2.39%$12M26.1K
21ALCALCON INChistory →COM2.28%$12M130.4K
22TXNTEXAS INSTR.history →COM2.10%$11M51.1K
23NEENEXTERA ENERGYhistory →COM2.03%$10M147.4K
24MCDMCDONALDS CORPhistory →COM1.97%$10M34.1K
25PGPROCTER/GAMBLEhistory →COM1.93%$10M61.3K
26MDLZMONDELEZ INT'Lhistory →COM1.92%$10M143.7K
27ACNACCENTURE PLChistory →COM1.79%$9M30.3K
28DHRDANAHER CORPhistory →COM1.63%$8M41.5K
29UPSUPShistory →COM1.59%$8M79.2K
30PSXPHILLIPS 66history →COM1.34%$7M56.8K
31PFEPFIZERhistory →COM1.14%$6M237.0K
32GOOGLALPHABET INC CL ACOM1.09%$6M31.3K
33SLBSLBhistory →COM1.01%$5M151.2K
34BXBLACKSTONECOM0.99%$5M33.5K
35AMGNAMGEN INCCOM0.95%$5M17.2K
362025 ISHARES IBONDS ETFETF0.43%$2M85.8K
37IBDR2026 ISHARES IBONDS ETFETF0.39%$2M81.9K
382027 ISHARES IBONDS ETFETF0.35%$2M72.0K
39AAPLAPPLE INCCOM0.34%$2M8.5K
40IBDT2028 ISHARES IBONDS ETFETF0.31%$2M60.6K
41HDHOME DEPOT INCCOM0.26%$1M3.5K
42IBDU2029 ISHARES IBONDS ETFETF0.24%$1M51.1K
432025 INVESCO BULLETSHARES CORP BOND ETFETF0.20%$1M48.4K
44WMTWALMART INCCOM0.18%$906,0009.3K
45ABBVABBVIECOM0.16%$810,0004.4K
46WFCWELLS FARGOCOM0.16%$807,00010.1K
47BSCR2027 INVESCO BULLETSHARES CORP BOND ETFETF0.16%$787,00040.1K
48BSCQ2026 INVESCO BULLETSHARES CORP BOND ETFETF0.15%$760,00038.9K
49COSTCOSTCO WHSLCOM0.13%$647,000654
50MRKMERCK & COCOM0.13%$643,0008.1K
51AMZNAMAZON.COM INCCOM0.12%$614,0002.8K
52ABTABBOTT LABSCOM0.11%$534,0003.9K
53EXMOCEXXON MOBILCOM0.10%$505,0004.7K
54SOSOUTHERN COCOM0.09%$465,0005.1K
55AXPAMERICAN EXPRESSCOM0.08%$425,0001.3K
56NVDANVIDIA CORPCOM0.08%$405,0002.6K
57LLYLILLY, ELI & COCOM0.08%$390,000500
58DVYISHARES SELECT DIVIDEND ETFETF0.08%$381,0002.9K
59BSCS2028 INVESCO BULLETSHARES CORP BOND ETFETF0.07%$378,00018.5K
60SFSTIFEL FINANCIALCOM0.07%$358,0003.5K
61ALLALLSTATECOM0.07%$339,0001.7K
62BSCT2029 INVESCO BULLETSHARES CORP BOND ETFETF0.07%$328,00017.6K
63ITOTISHARES TOTAL U.S. STOCK MKT EETF0.06%$323,0002.4K
64NSCNORFOLK SOUTHERNCOM0.06%$315,0001.2K
65LNTALLIANT ENERGYCOM0.06%$302,0005.0K
66PEPPEPSICOCOM0.06%$298,0002.3K
67GISGENERAL MILLSCOM0.06%$296,0005.7K
68SBUXSTARBUCKS CORPCOM0.05%$277,0003.0K
69CVXCHEVRONCOM0.05%$272,0001.9K
70IVVISHARES CORE S&P 500 ETFETF0.05%$260,000418

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 ↗.