First Fiduciary Investment Counsel 13F annual report
First Fiduciary Investment Counsel is an investment fund managing more than $461 million ran by Laura Collins. There are currently 64 companies in Mrs. Collins’s portfolio. The largest investments include Microsoft and Jp Morgan, together worth $67.6 million.
$461 million Assets Under Management (AUM)
As of 31st July 2024, First Fiduciary Investment Counsel’s top holding is 84,531 shares of Microsoft currently worth over $37.8 million and making up 8.2% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, First Fiduciary Investment Counsel owns more than approximately 0.1% of the company.
In addition, the fund holds 147,296 shares of Jp Morgan worth $29.8 million.
The third-largest holding is Lowe's worth $22.5 million and the next is Honeywell Int'l worth $17.6 million, with 82,464 shares owned.
Currently, First Fiduciary Investment Counsel's portfolio is worth at least $461 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at First Fiduciary Investment Counsel
The First Fiduciary Investment Counsel office and employees reside in Cleveland, Ohio. According to the last 13-F report filed with the SEC, Laura Collins serves as the Chief Compliance Officer at First Fiduciary Investment Counsel.
Recent trades
In the most recent 13F filing, First Fiduciary Investment Counsel revealed that it had opened a new position in
Equinix Inc Reit and bought 6,229 shares worth $4.71 million.
The investment fund also strengthened its position in Lowe's by buying
351 additional shares.
This makes their stake in Lowe's total 101,962 shares worth $22.5 million.
On the other hand, there are companies that First Fiduciary Investment Counsel is getting rid of from its portfolio.
First Fiduciary Investment Counsel closed its position in Becton Dickinson on 7th August 2024.
It sold the previously owned 34,353 shares for $8.5 million.
Laura Collins also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $37.8 million and 84,531 shares.
One of the smallest hedge funds
The two most similar investment funds to First Fiduciary Investment Counsel are Sensible Planning & Management, and Paracle Advisors. They manage $463 million and $463 million respectively.
Laura Collins investment strategy
First Fiduciary Investment Counsel’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 15.9% of
the total portfolio value.
The fund focuses on investments in the United States as
43.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
45% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $367 billion.
The complete list of First Fiduciary Investment Counsel trades based on 13F SEC filings
These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
1.79%
84,531
|
$37,781,000 | 8.19% |
| Jp Morgan |
1.40%
147,296
|
$29,792,000 | 6.46% |
| Lowe's |
0.35%
101,962
|
$22,479,000 | 4.87% |
| Honeywell Int'l |
2.20%
82,464
|
$17,609,000 | 3.82% |
| Blackrock Inc. |
4.16%
19,769
|
$15,565,000 | 3.37% |
| Goldman Sachs |
2.86%
33,744
|
$15,263,000 | 3.31% |
| Novartis Ag Adr |
0.36%
141,572
|
$15,072,000 | 3.27% |
| Oracle Corp. |
0.16%
104,834
|
$14,803,000 | 3.21% |
| Johnson/johnson |
0.82%
93,137
|
$13,613,000 | 2.95% |
| Comcast Corp |
0.01%
334,276
|
$13,090,000 | 2.84% |
| Waste Mgmt |
0.31%
60,262
|
$12,856,000 | 2.79% |
| Alcon Inc F |
0.45%
140,248
|
$12,493,000 | 2.71% |
| Lockheed Martin Corp. |
1.21%
26,601
|
$12,425,000 | 2.69% |
| Ups |
1.06%
85,693
|
$11,727,000 | 2.54% |
| Willis Towers |
2.23%
43,640
|
$11,440,000 | 2.48% |
| Coca-Cola Co |
0.13%
167,634
|
$10,670,000 | 2.31% |
| NextEra Energy Inc |
0.15%
149,616
|
$10,594,000 | 2.30% |
| Danaher Corp. |
1.12%
41,141
|
$10,279,000 | 2.23% |
| Accenture plc |
0.65%
33,388
|
$10,130,000 | 2.20% |
| Texas Instr. |
0.03%
51,669
|
$10,051,000 | 2.18% |
| Procter/gamble |
38.31%
60,082
|
$9,909,000 | 2.15% |
| PPG Industries, Inc. |
2.15%
78,120
|
$9,835,000 | 2.13% |
| Marriott Int'l |
1.87%
39,637
|
$9,583,000 | 2.08% |
| Cisco Systems, Inc. |
6.59%
199,100
|
$9,459,000 | 2.05% |
| Nasdaq Inc |
89.26%
156,912
|
$9,456,000 | 2.05% |
| Pepsico |
1.25%
56,535
|
$9,324,000 | 2.02% |
| Becton Dickinson |
Closed
34,353
|
$8,501,000 | |
| Dupont |
Closed
107,079
|
$8,210,000 | |
| Philip Morris International Inc |
0.44%
78,197
|
$7,924,000 | 1.72% |
| Walt Disney Co (The) |
33.65%
79,431
|
$7,887,000 | 1.71% |
| Slb |
10.89%
162,823
|
$7,682,000 | 1.66% |
| Target Corp |
1.84%
50,097
|
$7,416,000 | 1.61% |
| Phillips 66 |
3.05%
51,738
|
$7,304,000 | 1.58% |
| Starbucks Corp. |
2.77%
93,050
|
$7,244,000 | 1.57% |
| Pfizer Inc. |
0.62%
250,441
|
$7,007,000 | 1.52% |
| Unitedhealth |
4.37%
9,967
|
$5,076,000 | 1.10% |
| Mcdonalds Corp |
1,786.90%
18,869
|
$4,809,000 | 1.04% |
| Equinix Inc Reit |
Opened
6,229
|
$4,713,000 | 1.02% |
| Hershey Foods |
4.38%
25,203
|
$4,633,000 | 1.00% |
| Mondelez Int'l |
4.00%
70,338
|
$4,603,000 | 1.00% |
| 2025 Ishares Ibonds Etf |
2.99%
91,725
|
$2,280,000 | 0.49% |
| 2024 Ishares Ibonds Etf |
7.16%
83,575
|
$2,100,000 | 0.46% |
| 2026 Ishares Ibonds Etf |
1.40%
73,755
|
$1,757,000 | 0.38% |
| 2027 Ishares Ibonds Etf |
0.01%
59,275
|
$1,407,000 | 0.30% |
| Apple Inc |
No change
5,405
|
$1,138,000 | 0.25% |
| Home Depot, Inc. |
2.95%
3,287
|
$1,132,000 | 0.25% |
| 2024 Invesco Bulletshares Corp Bond Etf |
3.39%
48,085
|
$1,013,000 | 0.22% |
| 2028 Ishares Ibonds Etf |
No change
38,450
|
$952,000 | 0.21% |
| Merck Co |
No change
7,579
|
$938,000 | 0.20% |
| 2025 Invesco Bulletshares Corp Bond Etf |
7.32%
42,862
|
$877,000 | 0.19% |
| Abbvie Inc |
No change
4,214
|
$723,000 | 0.16% |
| Walmart Inc |
2.60%
9,357
|
$634,000 | 0.14% |
| Exxon Mobil Corp. |
No change
4,474
|
$515,000 | 0.11% |
| 2026 Invesco Bulletshares Corp Bond Etf |
5.75%
23,925
|
$459,000 | 0.10% |
| Alphabet Inc |
11.69%
2,266
|
$413,000 | 0.09% |
| The Southern Co. |
No change
5,060
|
$393,000 | 0.09% |
| Abbott Labs |
No change
3,776
|
$392,000 | 0.08% |
| NVIDIA Corp |
900.00%
3,080
|
$381,000 | 0.08% |
| General Mills, Inc. |
No change
5,722
|
$362,000 | 0.08% |
| Stifel Financial Corporation |
No change
3,450
|
$290,000 | 0.06% |
| 2027 Invesco Bulletshares Corp Bond Etf |
No change
15,055
|
$289,000 | 0.06% |
| Chevron Corp. |
No change
1,823
|
$285,000 | 0.06% |
| Alphabet Inc |
16.76%
1,490
|
$273,000 | 0.06% |
| Allstate |
No change
1,684
|
$269,000 | 0.06% |
| Ishares Core Sp 500 Etf |
0.21%
481
|
$263,000 | 0.06% |
| Alliant Energy Corporation |
16.67%
5,000
|
$254,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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