Crawford Investment Counsel Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Crawford Investment Counsel Inc. reported 286 stock positions worth $5.6 billion. Its top holding was Abbvie (ABBV) at 3.5% of the portfolio, followed by Microsoft (MSFT, 3.2%) and Philip Morris International (PM, 2.9%). Compared with Q4 2024, it opened 15 new positions, sold out of 9, added to 135 and reduced 119. The biggest buy was PNC Financial Services (PNC, shares +32419%) and the biggest sale Merck (MRK, shares −68%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0000837592
- Portfolio Value
- $5.6B (Q1 2025)
- SEC Filing
- 0001398344-25-009470 ↗ filed May 15, 2025
Holdings Value
Holdings 286 stocks · $5.6B
| ABBV Abbvie Inc. | 3.46% | 928,043 | $194.4M | Reduce -3.3% |
| MSFT Microsoft Corp. | 3.19% | 477,576 | $179.3M | Reduce -1.3% |
| PM Philip Morris International | 2.85% | 1,012,046 | $160.6M | Reduce -3.6% |
| KO The Coca-Cola Co. | 2.49% | 1,956,439 | $140.1M | Reduce -2.1% |
| AEP American Electric Power | 2.38% | 1,223,501 | $133.7M | Add +13.6% |
| V Visa Inc. Class A | 2.20% | 353,715 | $124.0M | Reduce -5.3% |
| WEC WEC Energy Group Inc. | 2.18% | 1,123,989 | $122.5M | Reduce -2.4% |
| MDT Medtronic PLC | 2.13% | 1,336,988 | $120.1M | Add +9.3% |
| JCI Johnson Controls Internation | 2.09% | 1,468,624 | $117.7M | Reduce -3.8% |
| AZN Astrazeneca PLC-Spons ADR | 2.05% | 1,567,497 | $115.2M | Reduce -2.9% |
| UPS United Parcel Service Class B | 1.90% | 973,220 | $107.0M | Add +11.5% |
| HD Home Depot Inc. | 1.83% | 281,265 | $103.1M | Reduce -0.7% |
| SAP Sap SE-Sponsored ADR | 1.81% | 378,478 | $101.6M | Reduce -6.4% |
| GPC Genuine Parts Co. | 1.75% | 826,442 | $98.5M | Add +12.1% |
| ACN Accenture PLC Class A | 1.74% | 314,063 | $98.0M | Add +38.8% |
| RTX RTX Corp. | 1.74% | 738,270 | $97.8M | Reduce -4.6% |
| PG The Procter & Gamble Co. | 1.73% | 569,868 | $97.1M | Reduce -1.1% |
| HON Honeywell International Inc. | 1.72% | 456,995 | $96.8M | Reduce -1.9% |
| WTW Willis Towers Watson PLC | 1.71% | 284,172 | $96.0M | Add +12.7% |
| AXP American Express Co. | 1.64% | 343,945 | $92.5M | Reduce -6.1% |
| TEL Te Connectivity PLC | 1.57% | 627,191 | $88.6M | Add +0.5% |
| DOX Amdocs Ltd. | 1.53% | 938,812 | $85.9M | Add +1.1% |
| SPGI S&P Global Inc. | 1.53% | 168,927 | $85.8M | Reduce -2.7% |
| OMC Omnicom Group | 1.51% | 1,023,575 | $84.9M | Reduce -7.0% |
| DGX Quest Diagnostics Inc. | 1.50% | 499,180 | $84.5M | Reduce -2.9% |
| SCHW Schwab (charles) Corp. | 1.44% | 1,037,881 | $81.2M | Reduce -1.7% |
| BLK BlackRock Inc. | 1.28% | 76,010 | $71.9M | Reduce -5.8% |
| JNJ Johnson & Johnson | 1.27% | 432,119 | $71.7M | Reduce -1.1% |
| MRSH Marsh & McLennan Cos | 1.26% | 291,285 | $71.1M | Reduce -22.8% |
| CNQ Canadian Natural Resources | 1.26% | 2,293,991 | $70.7M | Add +6.0% |
| PNC PNC Financial Services Group | 1.16% | 371,362 | $65.3M | Add +32418.6% |
| GPN Global Payments Inc. | 1.13% | 650,620 | $63.7M | Add +2.1% |
| CAH Cardinal Health Inc. | 1.10% | 451,268 | $62.2M | Reduce -4.7% |
| JPM JPMorgan Chase & Co. | 1.04% | 238,819 | $58.6M | Reduce -49.0% |
| ARE Alexandria Real Estate Equit | 0.99% | 605,068 | $56.0M | Reduce -16.6% |
| ICE Intercontinental Exchange Inc. | 0.98% | 320,926 | $55.4M | Reduce -1.0% |
| ROP Roper Technologies Inc. | 0.98% | 93,840 | $55.3M | Add +269.5% |
| PFE Pfizer Inc. | 0.98% | 2,176,958 | $55.2M | Add +9.6% |
| AAPL Apple Inc. | 0.94% | 237,274 | $52.7M | Add +2.0% |
| ROST Ross Stores Inc. | 0.91% | 400,442 | $51.2M | New |
| MDLZ Mondelez International Inc. Class A | 0.89% | 739,436 | $50.2M | Reduce -0.0% |
| DUK Duke Energy Corp. | 0.78% | 360,382 | $44.0M | Add +0.3% |
| CSX CSX Corp. | 0.75% | 1,435,730 | $42.3M | Add +22.8% |
| HBAN Huntington Bancshares Inc. | 0.68% | 2,549,047 | $38.3M | Add +3.5% |
| CVX Chevron Corp. | 0.62% | 208,714 | $34.9M | Add +0.0% |
| MSM MSC Industrial Direct Co. Class A | 0.56% | 406,602 | $31.6M | Add +5.5% |
| DOC Healthpeak Properties Inc. | 0.55% | 1,542,781 | $31.2M | Add +6.8% |
| KMI Kinder Morgan Inc. | 0.55% | 1,088,684 | $31.1M | Add +1.6% |
| WMT Walmart Inc. | 0.55% | 353,200 | $31.0M | Reduce -5.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.52% | 118,793 | $29.5M | Reduce -61.7% |
| PRU Prudential Financial Inc. | 0.52% | 261,966 | $29.3M | Add +5.7% |
| OKE Oneok Inc. | 0.50% | 281,477 | $27.9M | Reduce -2.8% |
| PRGO Perrigo Co. PLC | 0.47% | 949,444 | $26.6M | Add +16.8% |
| VZ Verizon Communications Inc. | 0.46% | 576,608 | $26.2M | Add +0.9% |
| ORI Old Republic Intl Corp. | 0.45% | 651,754 | $25.6M | Reduce -5.6% |
| ESE Esco Technologies Inc. | 0.45% | 159,216 | $25.3M | Reduce -8.0% |
| STAG Stag Industrial Inc. | 0.44% | 687,174 | $24.8M | Add +1.1% |
| MRK Merck & Co. Inc. | 0.43% | 270,705 | $24.3M | Reduce -67.6% |
| AVGO Broadcom Inc. | 0.43% | 144,266 | $24.2M | Reduce -6.8% |
| CCI Crown Castle Inc. | 0.42% | 228,811 | $23.8M | Add +11.3% |
| D Dominion Energy Inc. | 0.42% | 423,322 | $23.7M | Add +6.5% |
| SO The Southern Co. | 0.42% | 257,612 | $23.7M | Add +0.6% |
| HAS Hasbro Inc. | 0.40% | 368,707 | $22.7M | Reduce -62.5% |
| LAMR Lamar Advertising Co. Class A | 0.40% | 198,016 | $22.5M | New |
| ORCL Oracle Corp. | 0.39% | 157,825 | $22.1M | Reduce -1.9% |
| PEGA Pegasystems Inc. | 0.39% | 313,217 | $21.8M | Add +3.3% |
| TXN Texas Instruments Inc. | 0.38% | 119,343 | $21.4M | Reduce -3.8% |
| APAM Artisan Partners Asset Ma -A | 0.37% | 525,558 | $20.5M | Add +2.5% |
| SSNC Ss&c Technologies Holdings | 0.35% | 238,471 | $19.9M | Reduce -3.6% |
| EVRG Evergy Inc. | 0.35% | 286,113 | $19.7M | Add +1.6% |
| FLO Flowers Foods Inc. | 0.34% | 1,010,712 | $19.2M | Add +13.9% |
| PEP Pepsico Inc. | 0.34% | 126,988 | $19.0M | Add +16.4% |
| CUBE Cubesmart | 0.33% | 433,347 | $18.5M | Add +8.2% |
| SBUX Starbucks Corp. | 0.33% | 187,437 | $18.4M | Reduce -2.1% |
| SBAC SBA Communications Corp. | 0.32% | 83,091 | $18.3M | Add +11.4% |
| DG Dollar General Corp. | 0.32% | 203,723 | $17.9M | Add +8.1% |
| ASO Academy Sports & Outdoors Inc. | 0.31% | 379,965 | $17.3M | Add +80.8% |
| CNMD Conmed Corp. | 0.31% | 285,580 | $17.2M | Add +13.1% |
| GOOGL Alphabet Inc. Class A | 0.30% | 108,387 | $16.8M | Add +416.4% |
| GILD Gilead Sciences Inc. | 0.30% | 149,396 | $16.7M | Reduce -54.0% |
| KHC The Kraft Heinz Co. | 0.29% | 544,133 | $16.6M | Reduce -11.8% |
| NVT Nvent Electric PLC | 0.28% | 303,775 | $15.9M | Add +7.0% |
| META Meta Platforms Inc. Class A | 0.28% | 27,432 | $15.8M | Add +1304.6% |
| LAZ Lazard Inc. | 0.28% | 365,034 | $15.8M | Add +2.2% |
| CRM Salesforce Inc. | 0.27% | 57,635 | $15.5M | Add +2.8% |
| MAN Manpowergroup Inc. | 0.26% | 257,221 | $14.9M | Add +82.5% |
| ATR Aptargroup Inc. | 0.25% | 95,560 | $14.2M | Reduce -0.8% |
| KNTK Kinetik Holdings Inc. | 0.25% | 272,283 | $14.1M | Add +3.3% |
| DTM DT Midstream Inc. | 0.24% | 138,616 | $13.4M | Reduce -3.2% |
| MAA Mid-America Apartment Comm | 0.24% | 78,940 | $13.2M | Add +0.4% |
| NTRS Northern Trust Corp. | 0.23% | 129,968 | $12.8M | Reduce -4.3% |
| WMB Williams Cos Inc. | 0.23% | 213,499 | $12.8M | Reduce -34.4% |
| THG Hanover Insurance Group Inc./ | 0.22% | 70,594 | $12.3M | Reduce -4.9% |
| NKE Nike Inc. Class B | 0.21% | 187,360 | $11.9M | Reduce -61.6% |
| MOG.A Moog Inc. Class A | 0.21% | 68,370 | $11.9M | Add +9.4% |
| BKNG Booking Holdings Inc. | 0.21% | 2,570 | $11.8M | New |
| GSK GSK PLC-Spon ADR | 0.21% | 300,885 | $11.7M | New |
| MWA Mueller Water Products Inc. Class A | 0.20% | 452,776 | $11.5M | Reduce -9.2% |
| HCKT The Hackett Group Inc. | 0.20% | 381,850 | $11.2M | Reduce -1.6% |
| AZZ Azz Inc. | 0.20% | 132,122 | $11.0M | Reduce -1.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $9.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 7,977 | $9.6M | Reduce -0.8% |
Total filed on the 13F, all lines: $5.6B.
Portfolio Sells Q4 2024 → Q1 2025
| MRK Merck & Co. Inc. | Reduce -67.6% | 0.43% | −1.07 |
| JPM JPMorgan Chase & Co. | Reduce -49.0% | 1.04% | −0.98 |
| IBM Intl Business Machines Corp. | Reduce -61.7% | 0.52% | −0.70 |
| HAS Hasbro Inc. | Reduce -62.5% | 0.40% | −0.59 |
| MSFT Microsoft Corp. | Reduce -1.3% | 3.19% | −0.49 |
| NKE Nike Inc. Class B | Reduce -61.6% | 0.21% | −0.45 |
| CMCSA Comcast Corp. Class A | Reduce -93.7% | 0.03% | −0.44 |
| AXP American Express Co. | Reduce -6.1% | 1.64% | −0.31 |
| CAG Conagra Brands Inc. | Sold out | 0.00% | −0.29 |
| CLX Clorox Company | Reduce -87.6% | 0.03% | −0.28 |
| ARE Alexandria Real Estate Equit | Reduce -16.6% | 0.99% | −0.28 |
| GILD Gilead Sciences Inc. | Reduce -54.0% | 0.30% | −0.24 |
| RCI Rogers Communications Inc. Class B | Sold out | 0.00% | −0.22 |
| AVGO Broadcom Inc. | Reduce -6.8% | 0.43% | −0.22 |
| BLK BlackRock Inc. | Reduce -5.8% | 1.28% | −0.21 |
| OMC Omnicom Group | Reduce -7.0% | 1.51% | −0.20 |
| BDC Belden Inc. | Reduce -44.0% | 0.18% | −0.19 |
| MRSH Marsh & McLennan Cos | Reduce -22.8% | 1.26% | −0.18 |
| HON Honeywell International Inc. | Reduce -1.9% | 1.72% | −0.18 |
| MRVL Marvell Technology Inc. | Reduce -3.8% | 0.19% | −0.17 |
| HD Home Depot Inc. | Reduce -0.7% | 1.83% | −0.15 |
| NEE Nextera Energy Inc. | Reduce -80.9% | 0.02% | −0.11 |
| CRI Carter's Inc. | Reduce -88.4% | 0.01% | −0.10 |
| HPE Hewlett Packard Enterprise | Reduce -83.7% | 0.01% | −0.09 |
| ORCL Oracle Corp. | Reduce -1.9% | 0.39% | −0.09 |
| WMB Williams Cos Inc. | Reduce -34.4% | 0.23% | −0.09 |
| MTB M & T Bank Corp. | Reduce -47.1% | 0.08% | −0.08 |
| SPNS Sapiens International Corp. | Sold out | 0.00% | −0.08 |
| JCI Johnson Controls Internation | Reduce -3.8% | 2.09% | −0.08 |
| WMT Walmart Inc. | Reduce -5.9% | 0.55% | −0.06 |
| MNRO Monro Inc. | Reduce -58.3% | 0.02% | −0.05 |
| SLP Simulations Plus Inc. | Reduce -70.1% | 0.02% | −0.05 |
| KHC The Kraft Heinz Co. | Reduce -11.8% | 0.29% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -3.8% | 0.38% | −0.04 |
| MGPI MGP Ingredients Inc. | Sold out | 0.00% | −0.04 |
| HUBB Hubbell Inc. | Reduce -2.0% | 0.12% | −0.04 |
| SPGI S&P Global Inc. | Reduce -2.7% | 1.53% | −0.03 |
| LGTY Logility Supply Chain Soluti | Reduce -32.2% | 0.18% | −0.03 |
| OKE Oneok Inc. | Reduce -2.8% | 0.50% | −0.03 |
| NTRS Northern Trust Corp. | Reduce -4.3% | 0.23% | −0.02 |
| ATR Aptargroup Inc. | Reduce -0.8% | 0.25% | −0.02 |
| AAT American Assets Trust Inc. | Sold out | 0.00% | −0.02 |
| LMAT Lemaitre Vascular Inc. | Reduce -0.4% | 0.16% | −0.02 |
| DTM DT Midstream Inc. | Reduce -3.2% | 0.24% | −0.02 |
| HCKT The Hackett Group Inc. | Reduce -1.6% | 0.20% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -1.1% | 1.73% | −0.01 |
| NVDA Nvidia Corp. | Reduce -1.8% | 0.05% | −0.01 |
| TGT Target Corp. | Reduce -0.2% | 0.04% | −0.01 |
| COLM Columbia Sportswear Co. | Reduce -0.0% | 0.09% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.8% | 0.03% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| PNC PNC Financial Services Group | Add +32418.6% | 1.16% | +1.16 |
| ROST Ross Stores Inc. | New | 0.91% | +0.91 |
| ROP Roper Technologies Inc. | Add +269.5% | 0.98% | +0.75 |
| AEP American Electric Power | Add +13.6% | 2.38% | +0.59 |
| LAMR Lamar Advertising Co. Class A | New | 0.40% | +0.40 |
| MDT Medtronic PLC | Add +9.3% | 2.13% | +0.37 |
| ACN Accenture PLC Class A | Add +38.8% | 1.74% | +0.31 |
| WTW Willis Towers Watson PLC | Add +12.7% | 1.71% | +0.28 |
| META Meta Platforms Inc. Class A | Add +1304.6% | 0.28% | +0.26 |
| GOOGL Alphabet Inc. Class A | Add +416.4% | 0.30% | +0.23 |
| BKNG Booking Holdings Inc. | New | 0.21% | +0.21 |
| GSK GSK PLC-Spon ADR | New | 0.21% | +0.21 |
| GPC Genuine Parts Co. | Add +12.1% | 1.75% | +0.20 |
| DEO Diageo PLC-Sponsored ADR | Add +2771.6% | 0.15% | +0.15 |
| MAN Manpowergroup Inc. | Add +82.5% | 0.26% | +0.12 |
| DOX Amdocs Ltd. | Add +1.1% | 1.53% | +0.10 |
| AEIS Advanced Energy Industries | New | 0.10% | +0.10 |
| PRGO Perrigo Co. PLC | Add +16.8% | 0.47% | +0.10 |
| ASO Academy Sports & Outdoors Inc. | Add +80.8% | 0.31% | +0.09 |
| CCI Crown Castle Inc. | Add +11.3% | 0.42% | +0.09 |
| DUK Duke Energy Corp. | Add +0.3% | 0.78% | +0.08 |
| CVX Chevron Corp. | Add +0.0% | 0.62% | +0.08 |
| CSX CSX Corp. | Add +22.8% | 0.75% | +0.07 |
| DG Dollar General Corp. | Add +8.1% | 0.32% | +0.06 |
| MLAB Mesa Laboratories Inc. | New | 0.06% | +0.06 |
| VZ Verizon Communications Inc. | Add +0.9% | 0.46% | +0.05 |
| CNQ Canadian Natural Resources | Add +6.0% | 1.26% | +0.05 |
| SBAC SBA Communications Corp. | Add +11.4% | 0.32% | +0.05 |
| MSM MSC Industrial Direct Co. Class A | Add +5.5% | 0.56% | +0.04 |
| SO The Southern Co. | Add +0.6% | 0.42% | +0.04 |
| PEP Pepsico Inc. | Add +16.4% | 0.34% | +0.04 |
| EVRG Evergy Inc. | Add +1.6% | 0.35% | +0.04 |
| D Dominion Energy Inc. | Add +6.5% | 0.42% | +0.04 |
| PFE Pfizer Inc. | Add +9.6% | 0.98% | +0.03 |
| STAG Stag Industrial Inc. | Add +1.1% | 0.44% | +0.03 |
| DOC Healthpeak Properties Inc. | Add +6.8% | 0.55% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 0.17% | +0.02 |
| KMI Kinder Morgan Inc. | Add +1.6% | 0.55% | +0.02 |
| CUBE Cubesmart | Add +8.2% | 0.33% | +0.02 |
| TRNO Terreno Realty Corp. | Add +10.0% | 0.14% | +0.02 |
| WWD Woodward Inc. | Add +7.6% | 0.13% | +0.02 |
| ARES Ares Management Corp. Class A | Add +34.5% | 0.19% | +0.02 |
| MAA Mid-America Apartment Comm | Add +0.4% | 0.24% | +0.02 |
| CDRE Cadre Holdings Inc. | Add +27.4% | 0.12% | +0.02 |
| HLNE Hamilton Lane Inc. Class A | Add +11.5% | 0.14% | +0.01 |
| NUE Nucor Corp. | New | 0.01% | +0.01 |
| PAHC Phibro Animal Health Corp. Class A | Add +14.7% | 0.09% | +0.01 |
| FLO Flowers Foods Inc. | Add +13.9% | 0.34% | +0.01 |
| LLY Eli Lilly & Co. | Add +4.2% | 0.13% | +0.01 |
| MCD McDonald's Corp. | Add +6.7% | 0.09% | +0.01 |
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.8% | 7,977 | $9.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 305 | $6.0B | ABBV, MSFT, JCI, PNC, AZN |
| Q1 2026 | 299 | $5.8B | ABBV, MSFT, JCI, AZN, AEP |
| Q4 2025 | 300 | $6.0B | MSFT, ABBV, JCI, AZN, ACN |
| Q3 2025 | 298 | $6.0B | MSFT, ABBV, JCI, TEL, KO |
| Q2 2025 | 290 | $5.7B | MSFT, ABBV, JCI, PM, KO |
| Q1 2025 | 286 | $5.6B | ABBV, MSFT, PM, KO, AEP |
| Q4 2024 | 280 | $5.6B | MSFT, ABBV, PM, KO, JCI |
| Q3 2024 | 276 | $5.8B | MSFT, ABBV, KO, OMC, PM |
| Q2 2024 | 269 | $5.2B | MSFT, ABBV, KO, AZN, OMC |
| Q1 2024 | 270 | $5.4B | MSFT, ABBV, HD, OMC, JPM |