ZWJ INVESTMENT COUNSEL INC

CIK

842782

Location

Atlanta, GA

Portfolio Value

Mid $2,630,999,009

Diversification

Diversified

Filing Date

Global Rank

#1,025 / 8,608 ▲ 32 · as of Mar 2026

Top Industry

Semiconductors 9.9%

3Y Alpha vs SPY

-2.6%

Period ended 3 months ago

Filed Apr 24, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+63.1%

SPY

+73.9%

Annualised alpha

-2.5%

Max drawdown

−14.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

202 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

3.8%

−0.6 pts

Top 5

16.6%

−3.1 pts

Top 10

30.3%

−3.6 pts

HHI

194

Diversified−18

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	27.2%	$716,634,110	30
Financial Services	13.2%	$346,843,921	35
Healthcare	12.9%	$338,366,911	21
Industrials	12.3%	$322,442,441	32
Consumer Defensive	9.9%	$260,348,455	14
Energy	5.3%	$139,075,226	10
Communication Services	4.9%	$129,438,410	9
Basic Materials	4.6%	$120,597,793	11
Consumer Cyclical	4.0%	$105,977,502	15
Utilities	3.9%	$102,207,339	10
Real Estate	1.3%	$32,989,945	9
Unclassified	0.6%	$16,076,956	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
MQ	Marqeta, Inc.	+196,030	1,994,571	$32,551,398
NFLX	Netflix Inc	+165,682	168,717	$16,222,139
BSX	Boston Scientific Corp	+133,091	704,102	$44,182,400
SSNC	SS&C Technologies Holdings Inc	+66,918	433,312	$29,278,891
UBER	Uber Technologies, Inc	+64,794	418,480	$30,101,266
ROP	Roper Technologies Inc	+51,198	124,759	$44,147,219
VZ	Verizon Communications Inc	+50,374	451,620	$22,671,324
ACN	Accenture plc	+46,567	153,361	$30,409,952
TSN	Tyson Foods, Inc.	+38,775	462,429	$29,627,826
PGR	Progressive Corp/Oh/	+34,111	245,158	$48,600,121
COLB	Columbia Banking System, Inc.	+28,029	288,059	$7,901,458
ZBRA	Zebra Technologies Corp	+27,641	68,892	$14,403,939
IFF	International Flavors & Fragrances Inc	+25,770	315,193	$22,867,252
INGR	Ingredion Inc	+23,793	401,122	$45,190,404
FISV	Fiserv Inc	+21,911	38,901	$2,170,675
AME	Ametek Inc/	+20,821	140,622	$30,143,731
MDLZ	Mondelez International, Inc.	+18,015	690,840	$39,820,017
ORCL	Oracle Corp	+16,981	393,121	$57,832,030
EOG	Eog Resources Inc	+15,632	69,354	$10,026,507
SRE	Sempra	+15,443	336,588	$32,706,255
APD	Air Products & Chemicals, Inc.	+14,138	78,472	$22,795,331
YUM	Yum Brands Inc	+12,502	200,095	$31,110,770
BBD	Bank Bradesco	+12,309	25,509	$93,107
BA	Boeing Co	+11,622	223,230	$44,429,466
CTVA	Corteva, Inc.	+11,346	769,446	$64,410,324
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MU	Micron Technology Inc	−155,205	228,115	$77,066,371
OUT	OUTFRONT Media Inc.	−98,469	1,100,754	$29,169,981
GM	General Motors Co	−32,364	321,152	$23,925,824
GE	General Electric Co	−21,189	21,088	$5,984,141
NVDA	Nvidia Corp	−19,384	514,689	$89,761,761
KO	Coca Cola Co	−16,095	1,299,553	$98,831,005
BWXT	BWX Technologies, Inc.	−15,771	392,326	$80,226,743
DV	DoubleVerify Holdings, Inc.	−10,553	1,629,568	$15,480,896
ELV	Elevance Health, Inc.	−8,590	90,308	$26,437,667
XOM	ExxonMobil Holdings Corp	−6,100	78,502	$13,318,649
DG	Dollar General Corp	−4,765	145,189	$17,238,289
ES	Eversource Energy	−4,214	151,051	$10,464,813
TTE	TotalEnergies SE	−2,630	60,837	$5,534,950
CAT	Caterpillar Inc	−2,478	1,381	$978,383
AVGO	Broadcom Inc.	−1,989	289,751	$89,680,832
ABT	Abbott Laboratories	−1,568	46,379	$4,761,731
JPM	Jpmorgan Chase & Co	−1,552	220,164	$64,763,442
DD	DuPont de Nemours, Inc.	−1,546	5,466	$751,028
GOOGL	Alphabet Inc.	−1,453	33,988	$9,773,589
PFE	Pfizer Inc	−1,404	20,426	$573,562
SFNC	Simmons First National Corp	−1,325	12,094	$235,228
J	Jacobs Solutions Inc.	−1,284	218,295	$27,784,587
UE	Urban Edge Properties	−1,107	11,934	$238,441
EWBC	East West Bancorp Inc	−985	218,630	$23,340,938
ATMU	Atmus Filtration Technologies Inc.	−969	4,214	$239,228
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	387,261	$76,375,614
Q	Qnity Electronics, Inc.	2,582	$297,911
KNF	Knife River Corp	3,164	$258,340
NIC	Nicolet Bankshares Inc	1,730	$257,112
MDU	Mdu Resources Group Inc	12,123	$251,188
ASML	Asml Holding NV	174	$229,824
DOW	Dow Inc.	5,283	$220,036
IPGP	Ipg Photonics Corp	1,917	$219,669
WMB	Williams Companies, Inc.	3,009	$218,995
OKE	Oneok Inc /New/	2,411	$217,930
BWIN	Baldwin Insurance Group, Inc.	9,844	$215,977
HWKN	Hawkins Inc	1,330	$204,288
MYRG	Myr Group Inc.	722	$203,835
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
STX	Seagate Technology Holdings plc	4,019	$1,106,792
YETI	YETI Holdings, Inc.	6,932	$306,186
PANW	Palo Alto Networks Inc	1,642	$302,456
SYK	Stryker Corp	846	$297,343
MOG-A	Moog Inc.	1,007	$245,254
BANR	Banner Corp	3,592	$225,074
BL	Blackline, Inc.	4,043	$223,537
NOG	Northern Oil & Gas, Inc.	10,243	$219,917
GWRE	Guidewire Software, Inc.	1,000	$201,010
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

202 positions · $2,630,999,009 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 202 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
KO	Coca Cola Co Consumer Defensive	Reduced	1,299,553	-16,095	$98,831,005	+7.5%	3.76%
NVDA	Nvidia Corp Technology	Reduced	514,689	-19,384	$89,761,761	−9.9%	3.41%
AVGO	Broadcom Inc. Technology	Reduced	289,751	-1,989	$89,680,832	−11.2%	3.41%
BWXT	BWX Technologies, Inc. Industrials	Reduced	392,326	-15,771	$80,226,743	+13.7%	3.05%
MSFT	Microsoft Corp Technology	Added	209,889	+10,912	$77,694,611	−19.3%	2.95%
MU	Micron Technology Inc Technology	Reduced	228,115	-155,205	$77,066,371	−29.6%	2.93%
AZN	Astrazeneca PLC Healthcare	NEW	387,261	NEW	$76,375,614	NEW	2.90%
ABBV	AbbVie Inc. Healthcare	Added	338,160	+2,820	$73,546,418	−4.0%	2.80%
CSCO	Cisco Systems, Inc. Technology	Reduced	861,357	-376	$66,832,689	+0.7%	2.54%
NOC	Northrop Grumman Corp /De/ Industrials	Added	97,690	+154	$66,648,025	+19.8%	2.53%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	220,164	-1,552	$64,763,442	−9.3%	2.46%
AAPL	Apple Inc. Technology	Added	254,305	+600	$64,540,065	−6.4%	2.45%
CB	Chubb Ltd Financial Services	Added	197,903	+7,545	$64,502,524	+8.6%	2.45%
CTVA	Corteva, Inc. Basic Materials	Added	769,446	+11,346	$64,410,324	+26.8%	2.45%
V	Visa Inc. Financial Services	Added	197,822	+7,795	$59,789,721	−10.3%	2.27%
ORCL	Oracle Corp Technology	Added	393,121	+16,981	$57,832,030	−21.1%	2.20%
CVX	Chevron Corp Energy	Added	260,913	+2,896	$53,982,899	+37.3%	2.05%
PSX	Phillips 66 Energy	Added	295,031	+6,836	$53,748,747	+44.5%	2.04%
JNJ	Johnson & Johnson Healthcare	Added	217,663	+798	$53,205,543	+18.6%	2.02%
AEP	American Electric Power Co Inc Utilities	Added	394,316	+4,864	$51,686,941	+15.1%	1.96%
PGR	Progressive Corp/Oh/ Financial Services	Added	245,158	+34,111	$48,600,121	+1.1%	1.85%
AXP	American Express Co Financial Services	Reduced	156,951	-200	$47,474,538	−18.3%	1.80%
INGR	Ingredion Inc Consumer Defensive	Added	401,122	+23,793	$45,190,404	+8.6%	1.72%
BA	Boeing Co Industrials	Added	223,230	+11,622	$44,429,466	−3.3%	1.69%
BSX	Boston Scientific Corp Healthcare	Added	704,102	+133,091	$44,182,400	−18.9%	1.68%
ROP	Roper Technologies Inc Technology	Added	124,759	+51,198	$44,147,219	+34.8%	1.68%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	87,855	+2,326	$43,183,368	−12.9%	1.64%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	690,840	+18,015	$39,820,017	+9.9%	1.51%
SAIA	Saia Inc Industrials	Added	104,559	+2,011	$36,729,485	+9.7%	1.40%
SRE	Sempra Utilities	Added	336,588	+15,443	$32,706,255	+15.4%	1.24%
MQ	Marqeta, Inc. Technology	Added	1,994,571	+196,030	$32,551,398	−4.7%	1.24%
T	At&T Inc. Communication Services	Reduced	1,110,026	-169	$32,179,653	+16.7%	1.22%
YUM	Yum Brands Inc Consumer Cyclical	Added	200,095	+12,502	$31,110,770	+9.6%	1.18%
ACN	Accenture plc Technology	Added	153,361	+46,567	$30,409,952	+6.1%	1.16%
AME	Ametek Inc/ Industrials	Added	140,622	+20,821	$30,143,731	+22.6%	1.15%
UBER	Uber Technologies, Inc Technology	Added	418,480	+64,794	$30,101,266	+4.2%	1.14%
TSN	Tyson Foods, Inc. Consumer Defensive	Added	462,429	+38,775	$29,627,826	+19.3%	1.13%
SSNC	SS&C Technologies Holdings Inc Technology	Added	433,312	+66,918	$29,278,891	−8.6%	1.11%
OUT	OUTFRONT Media Inc. Real Estate	Reduced	1,100,754	-98,469	$29,169,981	+0.9%	1.11%
HD	Home Depot, Inc. Consumer Cyclical	Added	87,162	+4,396	$28,666,710	+0.7%	1.09%
OMC	Omnicom Group Inc. Communication Services	Added	377,828	+8,336	$28,454,226	−4.6%	1.08%
J	Jacobs Solutions Inc. Industrials	Reduced	218,295	-1,284	$27,784,587	−4.5%	1.06%
ELV	Elevance Health, Inc. Healthcare	Reduced	90,308	-8,590	$26,437,667	−23.7%	1.00%
GM	General Motors Co Consumer Cyclical	Reduced	321,152	-32,364	$23,925,824	−16.8%	0.91%
EWBC	East West Bancorp Inc Financial Services	Reduced	218,630	-985	$23,340,938	−5.4%	0.89%
IFF	International Flavors & Fragrances Inc Basic Materials	Added	315,193	+25,770	$22,867,252	+17.2%	0.87%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	78,472	+14,138	$22,795,331	+43.4%	0.87%
VZ	Verizon Communications Inc Communication Services	Added	451,620	+50,374	$22,671,324	+38.7%	0.86%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	149,128	+6,200	$21,540,048	+5.2%	0.82%
DG	Dollar General Corp Consumer Defensive	Reduced	145,189	-4,765	$17,238,289	−13.4%	0.66%