JOHNSON INVESTMENT COUNSEL INC
Long book
$12.37B
Q1 2026
Positions
810
Top-10 weight
31%
concentration
Last quarter
+10.5%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsJOHNSON INVESTMENT COUNSEL INC is an institutional manager, running a $12.37B US long book across 810 positions.
The portfolio is moderately concentrated (top 10 ≈ 31% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES RUSSELL 1000 ETF, APPLE INC, ALPHABET INC-CL A, PROCTER & GAMBLE CO/THE.
Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.9%
Q2 2024
+7.2%
Q3 2024
+0.3%
Q4 2024
-1.4%
Q1 2025
+6.2%
Q2 2025
+6.3%
Q3 2025
+2.6%
Q4 2025
-2.2%
Q1 2026
+10.5%
Sector allocation
Technology 27%
Financials 15%
Consumer discretionary 13%
Industrials 12%
Utilities 9%
Other 7%
Healthcare 7%
Services media 5%
Long book by quarter
What does JOHNSON INVESTMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 1.8M | $465.5M | 3.8% | -1.4% |
| GOOGL ALPHABET INC-CL A | Technology | 1.1M | $317.1M | 2.6% | -3.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.2M | $316.7M | 2.6% | -5.3% |
| MSFT MICROSOFT CORP | Technology | 852.5K | $315.6M | 2.6% | +2.9% |
| CINF CINCINNATI FINANCIAL CORP | Financials | 1.5M | $228.8M | 1.8% | +3.6% |
| WMB WILLIAMS COS INC | Utilities | 2.9M | $210.9M | 1.7% | -4.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 955.3K | $199.0M | 1.6% | +2.7% |
| NVT NVENT ELECTRIC PLC | Industrials | 1.6M | $184.2M | 1.5% | -1.7% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 1.2M | $152.9M | 1.2% | -0.3% |
| MA MASTERCARD INC - A | Services media | 290.5K | $145.1M | 1.2% | +3.1% |
| TJX TJX COMPANIES INC | Consumer discretionary | 859.8K | $137.3M | 1.1% | -1.4% |
| V VISA INC-CLASS A SHARES | Services media | 444.7K | $134.4M | 1.1% | +6.0% |
| CVX CHEVRON CORP | Energy | 643.3K | $133.1M | 1.1% | -17.4% |
| NDAQ NASDAQ INC | Financials | 1.5M | $130.8M | 1.1% | -1.0% |
| WM WASTE MANAGEMENT INC | Utilities | 565.9K | $130.0M | 1.1% | +1.2% |
| APH AMPHENOL CORP-CL A | Technology | 1.0M | $127.4M | 1.0% | -4.1% |
| DHR DANAHER CORP | Technology | 670.4K | $127.1M | 1.0% | +2.1% |
| ADI ANALOG DEVICES INC | Technology | 398.2K | $126.7M | 1.0% | -6.4% |
| LNT ALLIANT ENERGY CORP | Utilities | 1.7M | $121.0M | 1.0% | -14.8% |
| AXS AXIS CAPITAL HOLDINGS LTD | Financials | 1.2M | $117.7M | 1.0% | -1.0% |
| COR CENCORA INC | Consumer discretionary | 363.5K | $114.2M | 0.9% | -1.5% |
| AVGO BROADCOM INC | Technology | 352.8K | $109.2M | 0.9% | +108.9% |
| KO COCA-COLA CO/THE | Consumer staples | 1.4M | $108.4M | 0.9% | -4.6% |
| ABT ABBOTT LABORATORIES | Healthcare | 1.0M | $105.0M | 0.8% | +3.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 310.2K | $96.4M | 0.8% | -1.5% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 72.9K | $96.3M | 0.8% | -24.3% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 414.9K | $93.8M | 0.8% | -0.9% |
| WMT WALMART INC | Consumer discretionary | 716.1K | $89.0M | 0.7% | -2.6% |
| PEP PEPSICO INC | Consumer staples | 548.4K | $85.2M | 0.7% | +0.3% |
| MRSH MARSH & MCLENNAN COS | Financials | 490.6K | $85.1M | 0.7% | +0.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 84.4K | $84.1M | 0.7% | -0.1% |
| WTW WILLIS TOWERS WATSON PLC | Financials | 288.1K | $83.7M | 0.7% | +1.3% |
| ITW ILLINOIS TOOL WORKS | Industrials | 321.4K | $83.7M | 0.7% | 0.0% |
| NDSN NORDSON CORP | Industrials | 306.3K | $81.5M | 0.7% | -8.2% |
| NVDA NVIDIA CORP | Technology | 446.4K | $77.8M | 0.6% | +3.7% |
| LOW LOWE'S COS INC | Consumer discretionary | 311.8K | $73.7M | 0.6% | -4.2% |
| GOOG ALPHABET INC-CL C | Technology | 249.3K | $71.5M | 0.6% | -2.1% |
| SYK STRYKER CORP | Healthcare | 214.3K | $70.4M | 0.6% | +1.7% |
| ACN ACCENTURE PLC-CL A | Services media | 352.3K | $69.9M | 0.6% | -2.8% |
| JPM JPMORGAN CHASE & CO | Financials | 234.0K | $68.8M | 0.6% | +2.8% |
| AVY AVERY DENNISON CORP | Other | 368.0K | $63.6M | 0.5% | +1.8% |
| BKR BAKER HUGHES CO | Industrials | 980.3K | $59.8M | 0.5% | -0.8% |
| AFG AMERICAN FINANCIAL GROUP INC | Financials | 454.7K | $58.1M | 0.5% | -5.0% |
| CL COLGATE-PALMOLIVE CO | Other | 643.0K | $54.8M | 0.4% | +10.7% |
| UMBF UMB FINANCIAL CORP | Financials | 482.9K | $54.5M | 0.4% | +33.4% |
| LH LABCORP HOLDINGS INC | Healthcare | 199.6K | $53.2M | 0.4% | +19618.8% |
| TSLA TESLA INC | Industrials | 142.4K | $52.9M | 0.4% | +0.4% |
| FHN FIRST HORIZON CORP | Financials | 2.2M | $50.1M | 0.4% | -9.2% |
| INTU INTUIT INC | Technology | 115.4K | $49.9M | 0.4% | -0.5% |
| MDT MEDTRONIC PLC | Healthcare | 574.4K | $49.8M | 0.4% | -0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 810 | $12.37B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 790 | $12.24B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 827 | $11.98B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 816 | $11.15B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 21, 2025 | 805 | $10.37B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 789 | $10.26B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 808 | $10.16B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 765 | $9.49B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 762 | $9.20B | canonical | SEC ↗ |
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