SEC 13F Intelligence

Managers / Q4 2025 · view latest →

First Fiduciary Investment Counsel, Inc.

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

Reported Value
$516M
Q4 2025
Positions
71
Filings on Record
29
2019–present window
Filed
Jan 30, 2026
original filing

Summary

First Fiduciary Investment Counsel, Inc. reported $516M in U.S.-listed holdings across 71 positions for Q4 2025.

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

Compared with Q3 2025, the fund opened 3 new positions and exited 5.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+46.1%
share of reported value
Largest Position
+7.9%
Jp Morgan
New / Exited
3 / 5
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: 91.3%ADR: 3.6%REIT: 2.6%ETP: 2.4%
  • Common Stock · 91.3% · $471M
  • ADR · 3.6% · $19M
  • REIT · 2.6% · $14M
  • ETP · 2.4% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNPUNION PACIFICNEW+22.3K22.3K+$5M$5M
IBDV2030 ISHARES IBONDS ETFNEW+51.6K51.6K+$1M$1M
BSCU2030 INVESCO BULLETSHARES CORP BOND ETFNEW+17.8K17.8K+$301,000$301,000
BSCS2028 INVESCO BULLETSHARES CORP BOND ETFADDED+20.8K39.3K+$429,000$809,000
WTWWILLIS TOWERSSOLD OUT−40.9K0−$14M$0
2025 ISHARES IBONDS ETFSOLD OUT−81.0K0−$2M$0
2025 INVESCO BULLETSHARES CORP BOND ETFSOLD OUT−48.4K0−$1M$0
WECWISCONSIN ENERGYSOLD OUT−1.9K0−$212,000$0

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

Holdings — Q4 2025

70 positions (from 71 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JPMJP MORGANhistory →COM7.92%$41M126.8K
2MSFTMICROSOFT CORPhistory →COM7.11%$37M75.9K
3GSGOLDMAN SACHShistory →COM5.07%$26M29.8K
4BLKBLACKROCKhistory →COM4.71%$24M22.7K
5LOWLOWE'Shistory →COM4.51%$23M96.4K
6NVSNOVARTIS AG ADRhistory →COM3.62%$19M135.4K
7JNJJOHNSON/JOHNSONhistory →COM3.56%$18M88.7K
8MARMARRIOTT INT'Lhistory →COM3.34%$17M55.5K
9HONHONEYWELL INT'Lhistory →COM3.23%$17M85.3K
10NDAQNASDAQhistory →COM3.02%$16M160.5K
11WMWASTE MGMThistory →COM2.85%$15M67.0K
12DISWALT DISNEY COhistory →COM2.79%$14M126.6K
13COFCAPITAL ONEhistory →COM2.79%$14M59.4K
14CSCOCISCO SYSTEMShistory →COM2.74%$14M183.5K
15EQIXEQUINIX INC REIThistory →COM2.63%$14M17.7K
16GOOGLALPHABET INC CL ACOM2.56%$13M42.2K
17KOCOCA-COLAhistory →COM2.49%$13M183.4K
18LMTLOCKHEED MARTINhistory →COM2.43%$13M25.9K
19NEENEXTERA ENERGYhistory →COM2.33%$12M149.5K
20PMPHILIP MORRIShistory →COM2.31%$12M74.3K
21MCDMCDONALDS CORPhistory →COM2.05%$11M34.6K
22ALCALCON INChistory →COM2.00%$10M130.7K
23BXBLACKSTONEhistory →COM1.99%$10M66.6K
24ORCLORACLE CORPhistory →COM1.97%$10M52.1K
25DHRDANAHER CORPhistory →COM1.88%$10M42.4K
26MDLZMONDELEZ INT'Lhistory →COM1.84%$9M175.8K
27PGPROCTER/GAMBLEhistory →COM1.81%$9M65.1K
28TXNTEXAS INSTR.history →COM1.62%$8M48.1K
29PSXPHILLIPS 66history →COM1.40%$7M56.0K
30PFEPFIZERhistory →COM1.32%$7M273.4K
31AMGNAMGEN INChistory →COM1.13%$6M17.9K
32SLBSLBhistory →COM1.05%$5M141.3K
33UNPUNION PACIFIChistory →COM1.00%$5M22.3K
34ACNACCENTURE PLCCOM0.94%$5M18.1K
35UPSUPSCOM0.88%$5M45.8K
36AAPLAPPLE INCCOM0.41%$2M7.8K
37IBDT2028 ISHARES IBONDS ETFETF0.37%$2M74.9K
38IBDR2026 ISHARES IBONDS ETFETF0.37%$2M78.4K
392027 ISHARES IBONDS ETFETF0.37%$2M77.6K
40IBDU2029 ISHARES IBONDS ETFETF0.27%$1M60.3K
41HDHOME DEPOT INCCOM0.24%$1M3.5K
42IBDV2030 ISHARES IBONDS ETFETF0.22%$1M51.6K
43WMTWALMART INCCOM0.20%$1M9.3K
44ABBVABBVIECOM0.18%$951,0004.2K
45WFCWELLS FARGOCOM0.18%$939,00010.1K
46BSCR2027 INVESCO BULLETSHARES CORP BOND ETFETF0.18%$928,00047.0K
47MRKMERCK & COCOM0.17%$855,0008.1K
48BSCS2028 INVESCO BULLETSHARES CORP BOND ETFETF0.16%$809,00039.3K
49BSCQ2026 INVESCO BULLETSHARES CORP BOND ETFETF0.15%$787,00040.2K
50AMZNAMAZON.COM INCCOM0.12%$600,0002.6K
51EXMOCEXXON MOBILCOM0.11%$564,0004.7K
52COSTCOSTCO WHSLCOM0.11%$564,000654
53LLYLILLY, ELI & COCOM0.10%$537,000500
54NVDANVIDIA CORPCOM0.10%$506,0002.7K
55BSCT2029 INVESCO BULLETSHARES CORP BOND ETFETF0.10%$495,00026.3K
56AXPAMERICAN EXPRESSCOM0.10%$493,0001.3K
57ABTABBOTT LABSCOM0.10%$492,0003.9K
58SOSOUTHERN COCOM0.09%$441,0005.1K
59SFSTIFEL FINANCIALCOM0.08%$432,0003.5K
60DVYISHARES SELECT DIVIDEND ETFETF0.08%$405,0002.9K
61ITOTISHARES TOTAL U.S. STOCK MKT EETF0.07%$360,0002.4K
62NSCNORFOLK SOUTHERNCOM0.07%$355,0001.2K
63LNTALLIANT ENERGYCOM0.06%$325,0005.0K
64PEPPEPSICOCOM0.06%$324,0002.3K
65BSCU2030 INVESCO BULLETSHARES CORP BOND ETFETF0.06%$301,00017.8K
66CVXCHEVRONCOM0.06%$289,0001.9K
67GISGENERAL MILLSCOM0.05%$266,0005.7K
68ALLALLSTATECOM0.05%$260,0001.3K
69IVVISHARES CORE S&P 500 ETFETF0.05%$253,000369
70SBUXSTARBUCKS CORPCOM0.05%$249,0003.0K

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 ↗.