JOHNSON INVESTMENT COUNSEL INC

CIK

821197

Location

Cincinnati, OH

Portfolio Value

Mid $8,770,880,187

Diversification

Diversified

Filing Date

Global Rank

#54 / 2,968 ▲ 424

Top Industry

Semiconductors 7.7%

3Y Alpha vs SPY

-6.7%

Period ended 29 days ago

Filed Jul 23, 2026 · 6d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+47.3%

SPY

+67.9%

Annualised alpha

-5.1%

Max drawdown

−15.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

562 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

5.9%

+0.2 pts

Top 5

20.7%

+0.6 pts

Top 10

32.2%

+1.3 pts

HHI

178

Diversified+7

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	24.9%	$2,186,623,469	90
Financial Services	18.1%	$1,590,029,710	102
Industrials	13.0%	$1,137,549,220	90
Consumer Defensive	9.0%	$787,684,671	25
Consumer Cyclical	8.9%	$780,229,170	46
Healthcare	8.4%	$734,428,237	70
Communication Services	5.0%	$436,803,503	14
Energy	4.9%	$434,068,644	32
Utilities	3.7%	$323,485,918	33
Unclassified	3.0%	$258,826,313	14
Basic Materials	0.9%	$77,825,783	30
Real Estate	0.3%	$23,325,549	16

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NOW	ServiceNow, Inc.	+424,384	594,066	$58,978,872
NVDA	Nvidia Corp	+203,402	649,775	$130,013,479
CMG	Chipotle Mexican Grill Inc	+170,385	1,487,107	$50,561,638
BKR	Baker Hughes Co	+137,508	1,117,812	$62,038,566
HUBB	Hubbell Inc	+122,300	211,855	$110,842,536
SYK	Stryker Corp	+59,237	273,515	$86,113,462
AVGO	Broadcom Inc.	+49,862	402,688	$152,115,392
CL	Colgate Palmolive Co	+42,733	685,685	$62,863,600
BKNG	Booking Holdings Inc.	+38,875	40,565	$7,230,305
PG	PROCTER & GAMBLE Co	+33,386	2,225,685	$326,374,448
KLAC	Kla Corp	+21,832	24,484	$7,387,067
BRK-B	Berkshire Hathaway Inc	+21,056	109,426	$54,755,676
PHYS	Sprott Physical Gold Trust	+20,736	477,408	$14,403,399
LH	Labcorp Holdings Inc.	+19,177	218,731	$61,244,680
MSFT	Microsoft Corp	+19,055	871,535	$325,099,985
UMBF	Umb Financial Corp	+17,783	500,732	$71,484,500
DHY	Credit Suisse High Yield Credit Fund	+14,000	26,000	$46,280
SPY	Spdr S&P 500 ETF Trust	+11,629	144,918	$108,220,414
IAU	Ishares Gold Trust	+10,211	42,272	$3,191,958
DIA	Spdr Dow Jones Industrial Average ETF Trust	+9,891	23,887	$12,478,329
COST	Costco Wholesale Corp /New	+9,420	93,865	$87,807,891
PCTY	Paylocity Holding Corp	+8,497	17,001	$1,777,114
AVIR	Atea Pharmaceuticals, Inc.	+7,250	25,590	$118,993
CTAS	Cintas Corp	+6,967	165,810	$28,200,964
INTC	Intel Corp	+6,723	110,096	$15,372,704
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
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
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
USB	US Bancorp De	−25,299	501,656	$30,300,022
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	205,717	$45,422,313
VMI	Valmont Industries Inc	4,743	$2,739,556
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
SNDK	Sandisk Corp	714	$1,623,443
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/De	9,862	$407,497
VTR	Ventas, Inc.	4,352	$386,457
SWK	Stanley Black & Decker, Inc.	3,841	$361,514
SNOW	Snowflake Inc.	1,278	$325,251
AORT	Artivion, Inc.	13,663	$307,007
RDDT	Reddit, Inc.	1,718	$298,210
COHR	Coherent Corp.	725	$285,990
LNTH	Lantheus Holdings, Inc.	2,398	$266,034
USAR	USA Rare Earth, Inc.	11,438	$246,832
VRT	Vertiv Holdings Co	732	$245,088
GATX	Gatx Corp	1,351	$239,383
RY	Royal Bank Of Canada	1,144	$236,773
SPG	Simon Property Group Inc.	1,050	$234,832
MATX	Matson, Inc.	1,200	$230,676
SNPS	Synopsys Inc	491	$219,020
CIVB	Civista Bancshares, Inc.	7,759	$218,958
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
WKC	World Kinect Corp	91,518	$2,111,320
MUSA	Murphy USA Inc.	3,335	$1,647,389
BLD	QXO Insulation, LLC	4,356	$1,530,262
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
CTRA	Coterra Energy Inc.	12,886	$452,814
APTV	Aptiv PLC	6,290	$436,777
PRK	Park National Corp /Oh/	2,325	$380,021
U	Unity Software Inc.	17,276	$379,035
OKLO	Oklo Inc.	5,707	$283,010
WSBC	Wesbanco Inc	7,137	$246,155
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
CLF	Cleveland-Cliffs Inc.	10,111	$85,437
NVRI	Enviri Corp	23,102	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

562 tracked positions · $8,770,880,187 total · 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 562 positions by value · page 1 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	1,782,340	-52,024	$515,737,902	+10.8%	5.88%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,081,872	-20,683	$386,628,596	+21.9%	4.41%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	2,225,685	+33,386	$326,374,448	+3.1%	3.72%
MSFT	Microsoft Corp Technology	Added	871,535	+19,055	$325,099,985	+3.0%	3.71%
CINF	Cincinnati Financial Corp Financial Services	Reduced	1,417,965	-35,828	$262,522,040	+14.8%	2.99%
NVT	nVent Electric plc Industrials	Reduced	1,454,085	-103,093	$246,627,356	+33.9%	2.81%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	921,278	-33,983	$219,577,398	+10.4%	2.50%
WMB	Williams Companies, Inc. Energy	Reduced	2,751,271	-147,088	$204,529,486	−3.0%	2.33%
APH	Amphenol Corp /De/ Technology	Reduced	994,623	-13,957	$175,371,927	+37.6%	2.00%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	347,119	-11,884	$165,773,620	+36.6%	1.89%
ADI	Analog Devices Inc Technology	Added	402,733	+4,542	$159,953,465	+26.3%	1.82%
AEP	American Electric Power Co Inc Utilities	Reduced	1,144,304	-22,117	$156,552,230	+2.4%	1.78%
V	Visa Inc. Financial Services	Added	450,119	+5,459	$154,431,327	+14.9%	1.76%
AVGO	Broadcom Inc. Technology	Added	402,688	+49,862	$152,115,392	+39.3%	1.73%
MA	Mastercard Inc Financial Services	Added	293,347	+2,894	$150,663,019	+3.8%	1.72%
ASML	Asml Holding NV Technology	Reduced	70,235	-2,637	$139,728,311	+45.2%	1.59%
NVDA	Nvidia Corp Technology	Added	649,775	+203,402	$130,013,479	+67.0%	1.48%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	848,363	-11,420	$128,526,994	−6.4%	1.47%
WM	Waste Management Inc Industrials	Added	569,714	+3,822	$126,977,856	−2.4%	1.45%
DHR	Danaher Corp /De/ Healthcare	Reduced	653,183	-17,240	$124,418,297	−2.1%	1.42%
NDAQ	Nasdaq, Inc. Financial Services	Reduced	1,539,906	-400	$121,375,390	−7.2%	1.38%
AXS	Axis Capital Holdings Ltd Financial Services	Reduced	1,121,839	-38,784	$120,530,382	+2.4%	1.37%
KO	Coca Cola Co Consumer Defensive	Reduced	1,388,368	-36,614	$112,832,667	+4.1%	1.29%
HUBB	Hubbell Inc Industrials	Added	211,855	+122,300	$110,842,536	+152.2%	1.26%
LNT	Alliant Energy Corp Utilities	Reduced	1,435,378	-250,642	$109,504,987	−9.5%	1.25%
SPY	Spdr S&P 500 ETF Trust	Added	144,918	+11,629	$108,220,414	+24.8%	1.23%
CVX	Chevron Corp Energy	Reduced	614,615	-28,733	$101,878,582	−23.5%	1.16%
COR	Cencora, Inc. Healthcare	Reduced	331,802	-31,743	$93,893,329	−17.8%	1.07%
QQQ	Invesco Qqq Trust, Series 1	Added	124,860	+1,476	$91,946,904	+29.1%	1.05%
NDSN	Nordson Corp Industrials	Reduced	300,447	-5,840	$90,641,855	+11.2%	1.03%
ABT	Abbott Laboratories Healthcare	Reduced	986,617	-36,126	$89,525,626	−14.7%	1.02%
ITW	Illinois Tool Works Inc Industrials	Added	325,801	+4,413	$88,119,396	+5.3%	1.00%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	93,865	+9,420	$87,807,891	+4.4%	1.00%
SYK	Stryker Corp Healthcare	Added	273,515	+59,237	$86,113,462	+22.3%	0.98%
MCD	Mcdonalds Corp Consumer Cyclical	Added	311,452	+1,280	$84,188,590	−12.7%	0.96%
WMT	Walmart Inc. Consumer Defensive	Reduced	712,086	-4,049	$80,650,860	−9.4%	0.92%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Reduced	478,020	-12,532	$79,671,593	−6.4%	0.91%
JPM	Jpmorgan Chase & Co Financial Services	Added	238,916	+4,910	$78,204,374	+13.6%	0.89%
PEP	Pepsico Inc Consumer Defensive	Reduced	542,756	-5,631	$73,489,162	−13.7%	0.84%
UMBF	Umb Financial Corp Financial Services	Added	500,732	+17,783	$71,484,500	+31.2%	0.82%
LOW	Lowes Companies Inc Consumer Cyclical	Added	315,396	+3,623	$69,541,664	−5.6%	0.79%
WTW	Willis Towers Watson PLC Financial Services	Reduced	246,960	-41,096	$64,547,935	−22.9%	0.74%
CL	Colgate Palmolive Co Consumer Defensive	Added	685,685	+42,733	$62,863,600	+14.7%	0.72%
BKR	Baker Hughes Co Energy	Added	1,117,812	+137,508	$62,038,566	+3.7%	0.71%
LH	Labcorp Holdings Inc. Healthcare	Added	218,731	+19,177	$61,244,680	+15.0%	0.70%
TSLA	Tesla, Inc. Consumer Cyclical	Added	144,067	+1,688	$60,594,580	+14.5%	0.69%
NOW	ServiceNow, Inc. Technology	Added	594,066	+424,384	$58,978,872	+232.5%	0.67%
AVY	Avery Dennison Corp Consumer Cyclical	Reduced	351,092	-16,953	$56,999,786	−10.3%	0.65%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	109,426	+21,056	$54,755,676	+29.3%	0.62%
IEX	Idex Corp /De/ Industrials	Reduced	236,473	-7,244	$53,667,547	+16.2%	0.61%

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.