JOHNSON INVESTMENT COUNSEL INC
Registered adviserCIK
821197
Location
Cincinnati, OH
Portfolio Value
Large
$13,685,072,929
Diversification
Diversified
Filing Date
Global Rank
#447
/ 8,818
▼ 14
Top Industry
Semiconductors
7.6%
Period ended 4 months ago
Filed Jul 23, 2026 · 3mo
26 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Registered adviser
Form ADV roster, Oct 1, 2026
Regulatory AUM
$22,984,966,859
Main clients
Individuals and high net worth
(67% of AUM)
Registered funds advised
8 series
(0 index, 0 ETFs)
$3,678,539,310 net assets· N-CEN Dec 31, 2025
LEI
254900C3ZPNZM4PE8L48
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $22,984,966,859 | Individuals and high net worth (67%) |
| Apr 2025 to Mar 2026 | $20,872,135,890 | Individuals and high net worth (64%) |
| Apr 2024 to Mar 2025 | $18,609,057,968 | Individuals and high net worth (62%) |
| May 2023 to Mar 2024 | $16,313,911,333 | Individuals and high net worth (60%) |
| Apr 2023 | $16,313,911,333 | Individuals and high net worth (60%) |
| Apr 2022 to Mar 2023 | $18,763,707,876 | Individuals and high net worth (57%) |
3 earlier changes not shown.
Stated strategy
Quantitative / systematic, Fixed income / rates
Form ADV Part 2A, Apr 9, 2026
· original
In the firm's words
- Quantitative / systematic:
Equity strategies are bottom-up oriented driven by a proven multi-factor quantitative approach to company analysis.
- Fixed income / rates:
Fixed income blends together a macro and micro strategy, focusing on quality yield and emphasizing appropriate maturities.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 43.6%, 17.4 effective positions, active share 59.3% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
9.8% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 23.4 quarters (12+), a floor since 79.3% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 59.3%; sector active share 27.2% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
839 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
21.9%
+1.1 pts
Top 5
34.0%
+1.1 pts
Top 10
43.6%
+1.4 pts
HHI
575
Diversified+47
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 37.1% | $5,072,714,499 |
| Technology | 16.0% | $2,187,547,250 |
| Financial Services | 11.7% | $1,600,413,290 |
| Industrials | 8.3% | $1,137,606,821 |
| Consumer Defensive | 5.8% | $787,684,671 |
| Consumer Cyclical | 5.7% | $782,134,392 |
| Healthcare | 5.4% | $734,428,237 |
| Communication Services | 3.8% | $523,837,868 |
| Energy | 3.2% | $434,068,651 |
| Utilities | 2.4% | $323,485,918 |
| Basic Materials | 0.6% | $77,825,783 |
| Real Estate | 0.2% | $23,325,549 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NOW | ServiceNow, Inc. | +424,384 | 594,066 | $58,978,872 | |
| IWF | iShares Russell 1000 Growth ETF | +364,566 | 480,326 | $59,642,079 | |
| VGT | VANGUARD INFORMATION TECHNOLOGY INDEX FUND | +362,411 | 410,374 | $49,047,900 | |
| SCHX | Schwab U.S. Large-Cap ETF | +358,131 | 5,492,353 | $161,639,948 | |
| NVDA | Nvidia Corp | +203,402 | 649,775 | $130,013,479 | |
| VUG | VANGUARD GROWTH INDEX FUND | +179,008 | 210,372 | $18,121,444 | |
| VO | VANGUARD MID-CAP INDEX FUND | +176,290 | 211,727 | $17,058,844 | |
| CMG | Chipotle Mexican Grill Inc | +170,385 | 1,487,107 | $50,561,638 | |
| VEA | Vanguard FTSE Developed Markets ETF | +161,952 | 2,344,738 | $167,062,582 | |
| SCHM | Schwab U.S. Mid-Cap ETF | +158,146 | 815,376 | $30,062,913 | |
| ILOW | AB International Low Volatility Equity ETF | +146,309 | 5,297,082 | $240,805,347 | |
| BKR | Baker Hughes Co | +137,508 | 1,117,812 | $62,038,566 | |
| HUBB | Hubbell Inc | +122,300 | 211,855 | $110,842,536 | |
| IJR | iShares Core S&P Small-Cap ETF | +101,962 | 643,757 | $95,475,600 | |
| SCHF | Schwab International Equity ETF | +94,882 | 1,301,699 | $36,057,062 | |
| IWR | iShares Russell Mid-Cap ETF | +94,082 | 3,001,929 | $331,172,807 | |
| SMMD | iShares Russell 2500 ETF | +93,588 | 110,932 | $10,164,699 | |
| SCHA | Schwab U.S. Small-Cap ETF | +88,546 | 1,133,550 | $40,955,161 | |
| VEU | Vanguard International Equity Index Funds | +85,887 | 2,877,438 | $240,985,432 | |
| VTWO | VANGUARD RUSSELL 2000 INDEX FUND | +77,891 | 93,417 | $11,342,692 | |
| — | +76,687 | 94,810 | $2,598,742 | ||
| SYK | Stryker Corp | +59,237 | 273,515 | $86,113,462 | |
| IVV | iShares Core S&P 500 ETF | +50,409 | 1,473,438 | $1,103,442,983 | |
| AVGO | Broadcom Inc. | +49,862 | 402,688 | $152,115,392 | |
| CL | Colgate Palmolive Co | +42,733 | 685,685 | $62,863,600 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MDT | Medtronic plc | −326,923 | 247,483 | $19,360,595 | |
| LNT | Alliant Energy Corp | −250,642 | 1,435,378 | $109,504,987 | |
| HON | Honeywell International Inc | −208,812 | 206,082 | $46,141,759 | |
| AFG | American Financial Group Inc | −200,811 | 253,912 | $35,532,445 | |
| FHN | First Horizon Corp | −194,868 | 2,005,929 | $51,432,019 | |
| ZTS | Zoetis Inc. | −165,766 | 235,594 | $16,929,784 | |
| WMB | Williams Companies, Inc. | −147,088 | 2,751,271 | $204,529,486 | |
| NVT | nVent Electric plc | −103,093 | 1,454,085 | $246,627,356 | |
| USMV | iShares MSCI USA Min Vol Factor ETF | −67,034 | 1,209,687 | $116,686,408 | |
| AAPL | Apple Inc. | −52,024 | 1,782,340 | $515,737,902 | |
| ON | On Semiconductor Corp | −46,176 | 3,787 | $358,022 | |
| GPC | Genuine Parts Co | −46,075 | 256,988 | $30,319,444 | |
| WTW | Willis Towers Watson PLC | −41,096 | 246,960 | $64,547,935 | |
| ARCC | Ares Capital Corp | −39,023 | 79,012 | $1,464,092 | |
| AXS | Axis Capital Holdings Ltd | −38,784 | 1,121,839 | $120,530,382 | |
| KO | Coca Cola Co | −36,614 | 1,388,368 | $112,832,667 | |
| ABT | Abbott Laboratories | −36,126 | 986,617 | $89,525,626 | |
| CINF | Cincinnati Financial Corp | −35,828 | 1,417,965 | $262,522,040 | |
| AMZN | Amazon Com Inc | −33,983 | 921,278 | $219,577,398 | |
| APO | Apollo Global Management, Inc. | −32,408 | 388,186 | $45,926,285 | |
| ROP | Roper Technologies Inc | −32,007 | 81,489 | $27,575,062 | |
| COR | Cencora, Inc. | −31,743 | 331,802 | $93,893,329 | |
| INTU | Intuit Inc. | −30,050 | 85,326 | $22,270,086 | |
| CVX | Chevron Corp | −28,733 | 614,615 | $101,878,582 | |
| ADBE | Adobe Inc. | −27,198 | 12,111 | $2,482,997 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| HONA | Honeywell Aerospace Inc. | 205,717 | $45,479,914 | |
| VMI | Valmont Industries Inc | 4,743 | $2,739,556 | |
| BAI | BlackRock ETF Trust | 51,051 | $2,691,408 | |
| OGS | ONE Gas, Inc. | 31,737 | $2,445,970 | |
| NBIX | Neurocrine Biosciences Inc | 14,217 | $2,396,133 | |
| WHD | Cactus, Inc. | 43,761 | $2,241,876 | |
| — | 10,959 | $1,812,399 | ||
| SNDK | Sandisk Corp | 714 | $1,623,443 | |
| — | 11,939 | $1,426,471 | ||
| FIVA | Fidelity International Value Factor ETF | 29,423 | $1,133,373 | |
| — | 7,914 | $1,046,389 | ||
| EART | Global X Rare Earth & Critical Materials ETF | 29,685 | $861,399 | |
| NEAR | iShares Short Duration Bond Active ETF | 15,263 | $773,223 | |
| SPCX | Space Exploration Technologies Corp | 4,371 | $746,829 | |
| STX | Seagate Technology Holdings plc | 671 | $647,515 | |
| INCY | Incyte Corp | 4,681 | $530,638 | |
| DVN | Devon Energy Corp | 9,862 | $407,497 | |
| VTR | Ventas, Inc. | 4,352 | $386,457 | |
| SWK | Stanley Black & Decker, Inc. | 3,841 | $361,514 | |
| VBIL | Vanguard Institutional Index Funds | 4,775 | $361,372 | |
| AIPO | Tidal Trust II | 10,555 | $352,642 | |
| CGDV | Capital Group Dividend Value ETF | 6,996 | $344,762 | |
| SNOW | Snowflake Inc. | 1,278 | $325,251 | |
| NUKZ | Range Nuclear Renaissance Index ETF | 4,683 | $319,193 | |
| VGHY | Vanguard High-Yield Active ETF | 4,200 | $314,391 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WKC | World Kinect Corp | 91,518 | $2,111,320 | |
| MUSA | Murphy USA Inc. | 3,335 | $1,647,389 | |
| — | 4,356 | $1,530,263 | ||
| GLOB | Globant S.A. | 22,027 | $1,015,664 | |
| SPSC | Sps Commerce Inc | 15,345 | $854,256 | |
| MAA | Mid America Apartment Communities Inc. | 6,921 | $845,192 | |
| JBL | Jabil Inc | 2,584 | $686,387 | |
| — | 6,780 | $506,601 | ||
| SGVT | 4,869 | $490,405 | ||
| NVRI | Enviri Corp | 23,102 | $453,261 | |
| — | 12,886 | $452,814 | ||
| APTV | Aptiv PLC | 6,290 | $436,777 | |
| CAFX | Congress Intermediate Bond ETF | 17,400 | $431,607 | |
| PRK | Park National Corp | 2,325 | $380,021 | |
| U | Unity Software Inc. | 17,276 | $379,035 | |
| IYJ | iShares U.S. Industrials ETF | 2,157 | $318,243 | |
| OKLO | Oklo Inc. | 5,707 | $283,010 | |
| WSBC | Wesbanco Inc | 7,137 | $246,155 | |
| PSK | State Street(R) SPDR(R) ICE Preferred Securities ETF | 7,838 | $241,723 | |
| BITB | Bitwise Bitcoin ETF | 6,552 | $241,179 | |
| ADSK | Autodesk, Inc. | 983 | $235,330 | |
| EFX | Equifax Inc | 1,201 | $216,264 | |
| CNQ | CANADIAN NATURAL RESOURCES Ltd | 4,380 | $213,437 | |
| TSN | Tyson Foods, Inc. | 3,245 | $207,907 | |
| GIS | General Mills Inc | 5,449 | $202,811 | |
| No positions match the current search. | ||||
839 tracked positions ·
$13,685,072,929 total
· filing declares
840 positions · $13,685,905,326
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 839 positions by value
· page 1 of 17
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| IVV |
iShares Core S&P 500 ETF
|
Added | 1,473,438 | $1,103,442,983 | 8.06% | |
| IWB |
iShares Russell 1000 ETF
|
Added | 1,429,386 | $585,333,567 | 4.28% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 1,782,340 | $515,737,902 | 3.77% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 1,081,872 | $386,628,596 | 2.83% | |
| IWR |
iShares Russell Mid-Cap ETF
|
Added | 3,001,929 | $331,172,807 | 2.42% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 2,225,685 | $326,374,448 | 2.38% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 871,535 | $325,099,985 | 2.38% | |
| CINF |
Cincinnati Financial Corp
Financial Services
|
Reduced | 1,417,965 | $262,522,040 | 1.92% | |
| NVT |
nVent Electric plc
Industrials
|
Reduced | 1,454,085 | $246,627,356 | 1.80% | |
| VEU |
Vanguard International Equity Index Funds
|
Added | 2,877,438 | $240,985,432 | 1.76% | |
| ILOW |
AB International Low Volatility Equity ETF
|
Added | 5,297,082 | $240,805,347 | 1.76% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 921,278 | $219,577,398 | 1.60% | |
| WMB |
Williams Companies, Inc.
Energy
|
Reduced | 2,751,271 | $204,529,486 | 1.49% | |
| APH |
Amphenol Corp
Technology
|
Reduced | 994,623 | $175,371,927 | 1.28% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Added | 2,344,738 | $167,062,582 | 1.22% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 347,119 | $165,773,620 | 1.21% | |
| SCHX |
Schwab U.S. Large-Cap ETF
|
Added | 5,492,353 | $161,639,948 | 1.18% | |
| ADI |
Analog Devices Inc
Technology
|
Added | 402,733 | $159,953,465 | 1.17% | |
| AEP |
American Electric Power Co Inc
Utilities
|
Reduced | 1,144,304 | $156,552,230 | 1.14% | |
| V |
Visa Inc.
Financial Services
|
Added | 450,119 | $154,431,327 | 1.13% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 402,688 | $152,115,392 | 1.11% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 293,347 | $150,663,019 | 1.10% | |
| ASML |
Asml Holding NV
Technology
|
Reduced | 70,235 | $139,728,311 | 1.02% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 649,775 | $130,013,479 | 0.95% | |
| TJX |
Tjx Companies Inc
Consumer Cyclical
|
Reduced | 848,363 | $128,526,994 | 0.94% | |
| WM |
Waste Management Inc
Industrials
|
Added | 569,714 | $126,977,856 | 0.93% | |
| DHR |
Danaher Corp
Healthcare
|
Reduced | 653,183 | $124,418,297 | 0.91% | |
| NDAQ |
Nasdaq, Inc.
Financial Services
|
Reduced | 1,539,906 | $121,375,390 | 0.89% | |
| AXS |
Axis Capital Holdings Ltd
Financial Services
|
Reduced | 1,121,839 | $120,530,382 | 0.88% | |
| QUAL |
iShares MSCI USA Quality Factor ETF
|
Added | 539,969 | $118,485,397 | 0.87% | |
| USMV |
iShares MSCI USA Min Vol Factor ETF
|
Reduced | 1,209,687 | $116,686,408 | 0.85% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 1,388,368 | $112,832,667 | 0.82% | |
| HUBB |
Hubbell Inc
Industrials
|
Added | 211,855 | $110,842,536 | 0.81% | |
| LNT |
Alliant Energy Corp
Utilities
|
Reduced | 1,435,378 | $109,504,987 | 0.80% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 144,918 | $108,220,414 | 0.79% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 614,615 | $101,878,582 | 0.74% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
Added | 643,757 | $95,475,600 | 0.70% | |
| COR |
Cencora, Inc.
Healthcare
|
Reduced | 331,802 | $93,893,329 | 0.69% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Added | 124,860 | $91,946,904 | 0.67% | |
| IWM |
iShares Russell 2000 ETF
|
Reduced | 303,252 | $91,112,063 | 0.67% | |
| NDSN |
Nordson Corp
Industrials
|
Reduced | 300,447 | $90,641,855 | 0.66% | |
| ABT |
Abbott Laboratories
Healthcare
|
Reduced | 986,617 | $89,525,626 | 0.65% | |
| ITW |
Illinois Tool Works Inc
Industrials
|
Added | 325,801 | $88,119,396 | 0.64% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Added | 93,865 | $87,807,891 | 0.64% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 246,326 | $87,034,365 | 0.64% | |
| SYK |
Stryker Corp
Healthcare
|
Added | 273,515 | $86,113,462 | 0.63% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Added | 311,452 | $84,188,590 | 0.62% | |
| AGG |
iShares Core U.S. Aggregate Bond ETF
|
Added | 829,533 | $82,107,176 | 0.60% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 712,086 | $80,650,860 | 0.59% | |
| JMTG |
JPMorgan Mortgage-Backed Securities ETF
|
Added | 1,575,261 | $79,834,227 | 0.58% |
Showing the top 50 of 839 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.