ZWJ INVESTMENT COUNSEL INC

Other Low signal CIK 842782
League rank
#858
in Other · #2935 overall
Long book
$2.77B
Q1 2026
Positions
241
Top-10 weight
30%
concentration
Last quarter
+12.6%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

ZWJ INVESTMENT COUNSEL INC is an institutional manager, running a $2.77B US long book across 241 positions.

The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL C, COCA-COLA CO/THE, NVIDIA CORP, BROADCOM INC, BWX TECHNOLOGIES INC.

Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 4 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
+2.4%
Q2 2024
+7.7%
Q3 2024
-1.2%
Q4 2024
+0.4%
Q1 2025
+8.1%
Q2 2025
+7.6%
Q3 2025
+2.8%
Q4 2025
-0.9%
Q1 2026
+12.6%

Sector allocation

Technology
32%
Financials
12%
Consumer staples
10%
Healthcare
10%
Industrials
10%
Services media
7%
Energy
5%
Utilities
4%

Long book by quarter

$2.20B
Q1 2024
$2.28B
Q2 2024
$2.45B
Q3 2024
$2.42B
Q4 2024
$2.46B
Q1 2025
$2.69B
Q2 2025
$2.83B
Q3 2025
$2.77B
Q4 2025
$2.77B
Q1 2026

What does ZWJ INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology399.3K$114.5M4.1%-12.1%
KO COCA-COLA CO/THEConsumer staples1.3M$98.8M3.6%-1.2%
NVDA NVIDIA CORPTechnology514.7K$89.8M3.2%-3.6%
AVGO BROADCOM INCTechnology289.8K$89.7M3.2%-0.7%
BWXT BWX TECHNOLOGIES INCIndustrials392.3K$80.2M2.9%-3.9%
MSFT MICROSOFT CORPTechnology209.9K$77.7M2.8%+5.5%
MU MICRON TECHNOLOGY INCTechnology228.1K$77.1M2.8%-40.5%
AZN ASTRAZENECA PLCHealthcare387.3K$76.4M2.8%New
ABBV ABBVIE INCHealthcare338.2K$73.5M2.7%+0.8%
CSCO CISCO SYSTEMS INCTechnology861.4K$66.8M2.4%0.0%
NOC NORTHROP GRUMMAN CORPTechnology97.7K$66.6M2.4%+0.2%
JPM JPMORGAN CHASE & COFinancials220.2K$64.8M2.3%-0.7%
AAPL APPLE INCTechnology254.3K$64.5M2.3%+0.2%
CB CHUBB LTDFinancials197.9K$64.5M2.3%+4.0%
CTVA CORTEVA INCConsumer staples769.4K$64.4M2.3%+1.5%
V VISA INC-CLASS A SHARESServices media197.8K$59.8M2.2%+4.1%
ORCL ORACLE CORPTechnology393.1K$57.8M2.1%+4.5%
CVX CHEVRON CORPEnergy260.9K$54.0M1.9%+1.1%
PSX PHILLIPS 66Energy295.0K$53.7M1.9%+2.4%
JNJ JOHNSON & JOHNSONHealthcare217.7K$53.2M1.9%+0.4%
AEP AMERICAN ELECTRIC POWERUtilities394.3K$51.7M1.9%+1.2%
PGR PROGRESSIVE CORPFinancials245.2K$48.6M1.8%+16.2%
AXP AMERICAN EXPRESS COFinancials157.0K$47.5M1.7%-0.1%
INGR INGREDION INCConsumer staples401.1K$45.2M1.6%+6.3%
BA BOEING CO/THEIndustrials223.2K$44.4M1.6%+5.5%
BSX BOSTON SCIENTIFIC CORPHealthcare704.1K$44.2M1.6%+23.3%
ROP ROPER TECHNOLOGIES INCTechnology124.8K$44.1M1.6%+69.6%
TMO THERMO FISHER SCIENTIFIC INCOther87.9K$43.2M1.6%+2.7%
MDLZ MONDELEZ INTERNATIONAL INC-AConsumer staples690.8K$39.8M1.4%+2.7%
SAIA SAIA INCIndustrials104.6K$36.7M1.3%+2.0%
SRE SEMPRAUtilities336.6K$32.7M1.2%+4.8%
T AT&T INCCommunications1.1M$32.2M1.2%0.0%
YUM YUM! BRANDS INCConsumer discretionary200.1K$31.1M1.1%+6.7%
ACN ACCENTURE PLC-CL AServices media153.4K$30.4M1.1%+43.6%
AME AMETEK INCTechnology140.6K$30.1M1.1%+17.4%
UBER UBER TECHNOLOGIES INCServices media418.5K$30.1M1.1%+18.3%
TSN TYSON FOODS INC-CL AConsumer staples462.4K$29.6M1.1%+9.2%
SSNC SS&C TECHNOLOGIES HOLDINGSTechnology433.3K$29.3M1.1%+18.3%
HD HOME DEPOT INCConsumer discretionary87.2K$28.7M1.0%+5.3%
OMC OMNICOM GROUPServices media377.8K$28.5M1.0%+2.3%
J JACOBS SOLUTIONS INCIndustrials218.3K$27.8M1.0%-0.6%
ELV ELEVANCE HEALTH INCFinancials90.3K$26.4M1.0%-8.7%
GM GENERAL MOTORS COIndustrials321.2K$23.9M0.9%-9.2%
EWBC EAST WEST BANCORP INCFinancials218.6K$23.3M0.8%-0.4%
IFF INTL FLAVORS & FRAGRANCESOther315.2K$22.9M0.8%+8.9%
APD AIR PRODUCTS & CHEMICALS INCMaterials78.5K$22.8M0.8%+22.0%
VZ VERIZON COMMUNICATIONS INCCommunications451.6K$22.7M0.8%+12.6%
PG PROCTER & GAMBLE CO/THEOther149.1K$21.5M0.8%+4.3%
DG DOLLAR GENERAL CORPConsumer discretionary145.2K$17.2M0.6%-3.2%
NFLX NETFLIX INCServices media168.7K$16.2M0.6%+5459.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 24, 2026241$2.77B canonicalSEC ↗
Q4 202513F-HRJan 23, 2026238$2.77B canonicalSEC ↗
Q3 202513F-HROct 15, 2025245$2.83B canonicalSEC ↗
Q2 202513F-HRJul 21, 2025241$2.69B canonicalSEC ↗
Q1 202513F-HRApr 28, 2025211$2.46B canonicalSEC ↗
Q4 202413F-HRJan 16, 2025222$2.42B canonicalSEC ↗
Q3 202413F-HROct 16, 2024236$2.45B canonicalSEC ↗
Q2 202413F-HRJul 19, 2024226$2.28B canonicalSEC ↗
Q1 202413F-HRApr 26, 2024227$2.20B canonicalSEC ↗