SEC 13F Intelligence

Managers / Q3 2025 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$514M
Q3 2025
Positions
73
Filings on Record
29
2019–present window
Filed
Nov 5, 2025
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $514M in U.S.-listed holdings across 73 positions for Q3 2025.

Its largest position, JPM, represents 7.9% of the portfolio.

Compared with Q2 2025, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+46.1%
share of reported value
Largest Position
+7.9%
Jp Morgan

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: 91.4%ADR: 3.4%REIT: 2.7%ETP: 2.5%
  • Common Stock · 91.4% · $469M
  • ADR · 3.4% · $18M
  • REIT · 2.7% · $14M
  • ETP · 2.5% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WECWISCONSIN ENERGYNEW+1.9K1.9K+$212,000$212,000
ETNEATON CORPNEW+540540+$202,000$202,000
ACNACCENTURE PLCTRIMMED−12.4K17.9K−$5M$4M
BXBLACKSTONEADDED+12.6K46.1K+$3M$8M
ORCLORACLE CORPTRIMMED−21.5K52.2K−$1M$15M
IVVISHARES CORE S&P 500 ETFTRIMMED−47371−$12,000$248,000
UPSUPSTRIMMED−7.5K71.7K−$2M$6M
GOOGLALPHABET INC CL AADDED+2.4K31.0K+$3M$8M

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

Holdings — Q3 2025

72 positions (from 73 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JPMJP MORGANhistory →COM7.88%$40M128.3K
2MSFTMICROSOFT CORPhistory →COM7.71%$40M76.4K
3BLKBLACKROCKhistory →COM5.15%$26M22.7K
4GSGOLDMAN SACHShistory →COM4.76%$24M30.7K
5LOWLOWE'Shistory →COM4.66%$24M95.3K
6HONHONEYWELL INT'Lhistory →COM3.51%$18M85.7K
7NVSNOVARTIS AG ADRhistory →COM3.41%$18M136.5K
8JNJJOHNSON/JOHNSONhistory →COM3.34%$17M92.6K
9ORCLORACLE CORPhistory →COM2.86%$15M52.2K
10MARMARRIOTT INT'Lhistory →COM2.81%$14M55.5K
11DISWALT DISNEY COhistory →COM2.80%$14M125.5K
12WMWASTE MGMThistory →COM2.77%$14M64.4K
13WTWWILLIS TOWERShistory →COM2.75%$14M40.9K
14EQIXEQUINIX INC REIThistory →COM2.74%$14M17.9K
15NDAQNASDAQhistory →COM2.71%$14M157.2K
16LMTLOCKHEED MARTINhistory →COM2.47%$13M25.4K
17COFCAPITAL ONEhistory →COM2.46%$13M59.5K
18CSCOCISCO SYSTEMShistory →COM2.39%$12M179.3K
19PMPHILIP MORRIShistory →COM2.35%$12M74.5K
20KOCOCA-COLAhistory →COM2.34%$12M181.1K
21NEENEXTERA ENERGYhistory →COM2.14%$11M145.9K
22MCDMCDONALDS CORPhistory →COM2.05%$11M34.6K
23ALCALCON INChistory →COM1.90%$10M130.9K
24PGPROCTER/GAMBLEhistory →COM1.86%$10M62.1K
25MDLZMONDELEZ INT'Lhistory →COM1.84%$9M151.6K
26TXNTEXAS INSTR.history →COM1.75%$9M48.8K
27DHRDANAHER CORPhistory →COM1.61%$8M41.6K
28GOOGLALPHABET INC CL ACOM1.60%$8M33.7K
29BXBLACKSTONEhistory →COM1.53%$8M46.1K
30PSXPHILLIPS 66history →COM1.49%$8M56.2K
31UPSUPShistory →COM1.17%$6M71.7K
32PFEPFIZERhistory →COM1.15%$6M231.7K
33SLBSLBCOM1.00%$5M149.3K
34AMGNAMGEN INCCOM0.98%$5M17.9K
35ACNACCENTURE PLCCOM0.86%$4M17.9K
36AAPLAPPLE INCCOM0.42%$2M8.4K
372025 ISHARES IBONDS ETFETF0.40%$2M81.0K
38IBDR2026 ISHARES IBONDS ETFETF0.37%$2M79.1K
392027 ISHARES IBONDS ETFETF0.33%$2M70.3K
40IBDT2028 ISHARES IBONDS ETFETF0.30%$2M61.1K
41HDHOME DEPOT INCCOM0.28%$1M3.5K
42IBDU2029 ISHARES IBONDS ETFETF0.23%$1M51.1K
43ABBVABBVIECOM0.20%$1M4.4K
442025 INVESCO BULLETSHARES CORP BOND ETFETF0.20%$1M48.4K
45WMTWALMART INCCOM0.19%$955,0009.3K
46WFCWELLS FARGOCOM0.16%$844,00010.1K
47BSCR2027 INVESCO BULLETSHARES CORP BOND ETFETF0.16%$800,00040.6K
48BSCQ2026 INVESCO BULLETSHARES CORP BOND ETFETF0.15%$759,00038.8K
49MRKMERCK & COCOM0.13%$681,0008.1K
50AMZNAMAZON.COM INCCOM0.12%$614,0002.8K
51COSTCOSTCO WHSLCOM0.12%$605,000654
52EXMOCEXXON MOBILCOM0.10%$528,0004.7K
53ABTABBOTT LABSCOM0.10%$526,0003.9K
54SOSOUTHERN COCOM0.09%$480,0005.1K
55NVDANVIDIA CORPCOM0.09%$479,0002.6K
56AXPAMERICAN EXPRESSCOM0.09%$443,0001.3K
57DVYISHARES SELECT DIVIDEND ETFETF0.08%$408,0002.9K
58SFSTIFEL FINANCIALCOM0.08%$391,0003.5K
59LLYLILLY, ELI & COCOM0.07%$381,000500
60BSCS2028 INVESCO BULLETSHARES CORP BOND ETFETF0.07%$380,00018.5K
61NSCNORFOLK SOUTHERNCOM0.07%$370,0001.2K
62ALLALLSTATECOM0.07%$361,0001.7K
63ITOTISHARES TOTAL U.S. STOCK MKT EETF0.07%$338,0002.3K
64LNTALLIANT ENERGYCOM0.07%$337,0005.0K
65BSCT2029 INVESCO BULLETSHARES CORP BOND ETFETF0.06%$330,00017.6K
66PEPPEPSICOCOM0.06%$317,0002.3K
67CVXCHEVRONCOM0.06%$295,0001.9K
68GISGENERAL MILLSCOM0.06%$288,0005.7K
69SBUXSTARBUCKS CORPCOM0.05%$256,0003.0K
70IVVISHARES CORE S&P 500 ETFETF0.05%$248,000371
71WECWISCONSIN ENERGYCOM0.04%$212,0001.9K
72ETNEATON CORPCOM0.04%$202,000540

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 ↗.