Crawford Investment Counsel Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Crawford Investment Counsel Inc. reported 290 stock positions worth $5.7 billion. Its top holding was Microsoft (MSFT) at 4.1% of the portfolio, followed by Abbvie (ABBV, 2.9%) and Johnson Controls Internation (JCI, 2.6%). Compared with Q1 2025, it opened 16 new positions, sold out of 12, added to 106 and reduced 146. The biggest buy was Mid-America Apartment Comm (MAA, shares +273%) and the biggest sale Global Payments (GPN, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0000837592
- Portfolio Value
- $5.7B (Q2 2025)
- SEC Filing
- 0001398344-25-015397 ↗ filed Aug 14, 2025
Holdings Value
Holdings 290 stocks · $5.7B
| MSFT Microsoft Corp. | 4.08% | 468,419 | $233.0M | Reduce -1.9% |
| ABBV Abbvie Inc. | 2.93% | 902,793 | $167.6M | Reduce -2.7% |
| JCI Johnson Controls Internation | 2.56% | 1,386,330 | $146.4M | Reduce -5.6% |
| PM Philip Morris International | 2.50% | 785,384 | $143.0M | Reduce -22.4% |
| KO The Coca-Cola Co. | 2.35% | 1,901,174 | $134.5M | Reduce -2.8% |
| AEP American Electric Power | 2.18% | 1,200,718 | $124.6M | Reduce -1.9% |
| V Visa Inc. Class A | 2.15% | 346,645 | $123.1M | Reduce -2.0% |
| MDT Medtronic PLC | 2.05% | 1,343,411 | $117.1M | Add +0.5% |
| WEC WEC Energy Group Inc. | 1.99% | 1,094,011 | $114.0M | Reduce -2.7% |
| SAP Sap SE-Sponsored ADR | 1.92% | 361,631 | $110.0M | Reduce -4.5% |
| AXP American Express Co. | 1.90% | 340,580 | $108.6M | Reduce -1.0% |
| AZN Astrazeneca PLC-Spons ADR | 1.88% | 1,538,860 | $107.5M | Reduce -1.8% |
| RTX RTX Corp. | 1.84% | 720,573 | $105.2M | Reduce -2.4% |
| HON Honeywell International Inc. | 1.84% | 450,984 | $105.0M | Reduce -1.3% |
| TEL Te Connectivity PLC | 1.81% | 614,081 | $103.6M | Reduce -2.1% |
| UPS United Parcel Service Class B | 1.80% | 1,016,680 | $102.6M | Add +4.5% |
| HD Home Depot Inc. | 1.78% | 278,168 | $102.0M | Reduce -1.1% |
| GPC Genuine Parts Co. | 1.77% | 833,615 | $101.1M | Add +0.9% |
| ACN Accenture PLC Class A | 1.70% | 325,263 | $97.2M | Add +3.6% |
| WTW Willis Towers Watson PLC | 1.70% | 317,055 | $97.2M | Add +11.6% |
| SCHW Schwab (charles) Corp. | 1.63% | 1,021,157 | $93.2M | Reduce -1.6% |
| PNC PNC Financial Services Group | 1.61% | 493,160 | $91.9M | Add +32.8% |
| PG The Procter & Gamble Co. | 1.56% | 560,799 | $89.3M | Reduce -1.6% |
| SPGI S&P Global Inc. | 1.53% | 166,097 | $87.6M | Reduce -1.7% |
| DGX Quest Diagnostics Inc. | 1.52% | 484,959 | $87.1M | Reduce -2.9% |
| DOX Amdocs Ltd. | 1.48% | 925,676 | $84.5M | Reduce -1.4% |
| BLK BlackRock Inc. | 1.39% | 75,731 | $79.5M | Reduce -0.4% |
| OMC Omnicom Group | 1.33% | 1,058,569 | $76.2M | Add +3.4% |
| CNQ Canadian Natural Resources | 1.28% | 2,332,379 | $73.2M | Add +1.7% |
| CAH Cardinal Health Inc. | 1.25% | 426,987 | $71.7M | Reduce -5.4% |
| JNJ Johnson & Johnson | 1.15% | 429,479 | $65.6M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 1.12% | 221,178 | $64.1M | Reduce -7.4% |
| MRSH Marsh & McLennan Cos | 1.10% | 286,867 | $62.7M | Reduce -1.5% |
| ROP Roper Technologies Inc. | 1.05% | 105,484 | $59.8M | Add +12.4% |
| ICE Intercontinental Exchange Inc. | 1.04% | 324,546 | $59.5M | Add +1.1% |
| ROST Ross Stores Inc. | 0.98% | 438,856 | $56.0M | Add +9.6% |
| PFE Pfizer Inc. | 0.91% | 2,142,312 | $51.9M | Reduce -1.6% |
| AAPL Apple Inc. | 0.90% | 251,020 | $51.5M | Add +5.8% |
| MDLZ Mondelez International Inc. Class A | 0.87% | 735,279 | $49.6M | Reduce -0.6% |
| CSX CSX Corp. | 0.85% | 1,492,397 | $48.7M | Add +4.0% |
| HBAN Huntington Bancshares Inc. | 0.78% | 2,660,421 | $44.6M | Add +4.4% |
| MAA Mid-America Apartment Comm | 0.76% | 294,295 | $43.6M | Add +272.8% |
| DUK Duke Energy Corp. | 0.73% | 352,740 | $41.6M | Reduce -2.1% |
| AVGO Broadcom Inc. | 0.64% | 132,015 | $36.4M | Reduce -8.5% |
| ARE Alexandria Real Estate Equit | 0.63% | 499,022 | $36.2M | Reduce -17.5% |
| CVX Chevron Corp. | 0.62% | 249,287 | $35.7M | Add +19.4% |
| MSM MSC Industrial Direct Co. Class A | 0.59% | 399,715 | $34.0M | Reduce -1.7% |
| PRGO Perrigo Co. PLC | 0.58% | 1,235,231 | $33.0M | Add +30.1% |
| ORCL Oracle Corp. | 0.57% | 149,665 | $32.7M | Reduce -5.2% |
| KMI Kinder Morgan Inc. | 0.55% | 1,060,498 | $31.2M | Reduce -2.6% |
| PEGA Pegasystems Inc. | 0.51% | 539,470 | $29.2M | Add +72.2% |
| PRU Prudential Financial Inc. | 0.51% | 269,293 | $28.9M | Add +2.8% |
| ESE Esco Technologies Inc. | 0.47% | 141,113 | $27.1M | Reduce -11.4% |
| ATR Aptargroup Inc. | 0.47% | 172,861 | $27.0M | Add +80.9% |
| EVRG Evergy Inc. | 0.47% | 390,016 | $26.9M | Add +36.3% |
| GSK GSK PLC-Spon ADR | 0.44% | 660,688 | $25.4M | Add +119.6% |
| CCI Crown Castle Inc. | 0.43% | 240,229 | $24.7M | Add +5.0% |
| DOC Healthpeak Properties Inc. | 0.43% | 1,405,608 | $24.6M | Reduce -8.9% |
| STAG Stag Industrial Inc. | 0.43% | 678,321 | $24.6M | Reduce -1.3% |
| LAMR Lamar Advertising Co. Class A | 0.43% | 202,241 | $24.5M | Add +2.1% |
| TXN Texas Instruments Inc. | 0.43% | 117,794 | $24.5M | Reduce -1.3% |
| VZ Verizon Communications Inc. | 0.43% | 564,950 | $24.4M | Reduce -2.0% |
| HAS Hasbro Inc. | 0.42% | 326,195 | $24.1M | Reduce -11.5% |
| D Dominion Energy Inc. | 0.42% | 425,964 | $24.1M | Add +0.6% |
| ORI Old Republic Intl Corp. | 0.42% | 624,716 | $24.0M | Reduce -4.2% |
| SO The Southern Co. | 0.42% | 260,685 | $23.9M | Add +1.2% |
| APAM Artisan Partners Asset Ma -A | 0.40% | 522,027 | $23.1M | Reduce -0.7% |
| DEO Diageo PLC-Sponsored ADR | 0.40% | 228,996 | $23.1M | Add +178.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.39% | 75,878 | $22.4M | Reduce -36.1% |
| OKE Oneok Inc. | 0.38% | 269,101 | $22.0M | Reduce -4.4% |
| CUBE Cubesmart | 0.37% | 501,713 | $21.3M | Add +15.8% |
| DG Dollar General Corp. | 0.36% | 181,553 | $20.8M | Reduce -10.9% |
| NVT Nvent Electric PLC | 0.36% | 279,473 | $20.5M | Reduce -8.0% |
| MAN Manpowergroup Inc. | 0.35% | 492,199 | $19.9M | Add +91.3% |
| META Meta Platforms Inc. Class A | 0.34% | 26,199 | $19.3M | Reduce -4.5% |
| GOOGL Alphabet Inc. Class A | 0.32% | 104,603 | $18.4M | Reduce -3.5% |
| PEP Pepsico Inc. | 0.32% | 137,325 | $18.1M | Add +8.1% |
| LAZ Lazard Inc. | 0.31% | 373,731 | $17.9M | Add +2.4% |
| SSNC Ss&c Technologies Holdings | 0.31% | 215,736 | $17.9M | Reduce -9.5% |
| ASO Academy Sports & Outdoors Inc. | 0.31% | 393,714 | $17.6M | Add +3.6% |
| SMG Scotts Miracle-Gro Co. | 0.29% | 252,754 | $16.7M | New |
| SBAC SBA Communications Corp. | 0.29% | 69,442 | $16.3M | Reduce -16.4% |
| NTRS Northern Trust Corp. | 0.28% | 128,328 | $16.3M | Reduce -1.3% |
| MRK Merck & Co. Inc. | 0.28% | 202,210 | $16.0M | Reduce -25.3% |
| SBUX Starbucks Corp. | 0.28% | 174,168 | $16.0M | Reduce -7.1% |
| CRM Salesforce Inc. | 0.26% | 55,482 | $15.1M | Reduce -3.7% |
| CNMD Conmed Corp. | 0.26% | 287,812 | $15.0M | Add +0.8% |
| BKNG Booking Holdings Inc. | 0.25% | 2,490 | $14.4M | Reduce -3.1% |
| GILD Gilead Sciences Inc. | 0.25% | 126,453 | $14.0M | Reduce -15.4% |
| DTM DT Midstream Inc. | 0.24% | 123,838 | $13.6M | Reduce -10.7% |
| WMB Williams Cos Inc. | 0.23% | 207,455 | $13.0M | Reduce -2.8% |
| MRVL Marvell Technology Inc. | 0.23% | 166,704 | $12.9M | Reduce -5.7% |
| WMT Walmart Inc. | 0.23% | 131,781 | $12.9M | Reduce -62.7% |
| KNTK Kinetik Holdings Inc. | 0.22% | 280,527 | $12.4M | Add +3.0% |
| MOG.A Moog Inc. Class A | 0.21% | 67,100 | $12.1M | Reduce -1.9% |
| AZZ Azz Inc. | 0.20% | 120,768 | $11.4M | Reduce -8.6% |
| ARES Ares Management Corp. Class A | 0.20% | 65,506 | $11.3M | Reduce -9.2% |
| USPH U.S. Physical Therapy Inc. | 0.19% | 136,637 | $10.7M | Add +1.6% |
| MWA Mueller Water Products Inc. Class A | 0.19% | 444,455 | $10.7M | Reduce -1.8% |
| THG Hanover Insurance Group Inc./ | 0.19% | 62,449 | $10.6M | Reduce -11.5% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $9.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 7,913 | $9.3M | Reduce -0.8% |
Total filed on the 13F, all lines: $5.7B.
Portfolio Sells Q1 2025 → Q2 2025
| GPN Global Payments Inc. | Reduce -91.0% | 0.08% | −1.05 |
| ABBV Abbvie Inc. | Reduce -2.7% | 2.93% | −0.52 |
| ARE Alexandria Real Estate Equit | Reduce -17.5% | 0.63% | −0.36 |
| PM Philip Morris International | Reduce -22.4% | 2.50% | −0.35 |
| FLO Flowers Foods Inc. | Reduce -97.3% | 0.01% | −0.33 |
| WMT Walmart Inc. | Reduce -62.7% | 0.23% | −0.33 |
| KHC The Kraft Heinz Co. | Reduce -95.2% | 0.01% | −0.28 |
| AEP American Electric Power | Reduce -1.9% | 2.18% | −0.20 |
| NKE Nike Inc. Class B | Reduce -88.7% | 0.03% | −0.18 |
| WEC WEC Energy Group Inc. | Reduce -2.7% | 1.99% | −0.18 |
| LGTY Logility Supply Chain Soluti | Sold out | 0.00% | −0.18 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -1.8% | 1.88% | −0.17 |
| MRSH Marsh & McLennan Cos | Reduce -1.5% | 1.10% | −0.17 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 1.56% | −0.16 |
| MRK Merck & Co. Inc. | Reduce -25.3% | 0.28% | −0.15 |
| KO The Coca-Cola Co. | Reduce -2.8% | 2.35% | −0.14 |
| IBM Intl Business Machines Corp. | Reduce -36.1% | 0.39% | −0.13 |
| JNJ Johnson & Johnson | Reduce -0.6% | 1.15% | −0.13 |
| DOC Healthpeak Properties Inc. | Reduce -8.9% | 0.43% | −0.12 |
| OKE Oneok Inc. | Reduce -4.4% | 0.38% | −0.11 |
| WWD Woodward Inc. | Reduce -83.7% | 0.03% | −0.10 |
| PFE Pfizer Inc. | Reduce -1.6% | 0.91% | −0.07 |
| TNC Tennant Co. | Sold out | 0.00% | −0.07 |
| DUK Duke Energy Corp. | Reduce -2.1% | 0.73% | −0.05 |
| GILD Gilead Sciences Inc. | Reduce -15.4% | 0.25% | −0.05 |
| V Visa Inc. Class A | Reduce -2.0% | 2.15% | −0.05 |
| DOX Amdocs Ltd. | Reduce -1.4% | 1.48% | −0.05 |
| HD Home Depot Inc. | Reduce -1.1% | 1.78% | −0.05 |
| SBUX Starbucks Corp. | Reduce -7.1% | 0.28% | −0.05 |
| NSA National Storage Affiliates | Reduce -13.6% | 0.09% | −0.04 |
| SSNC Ss&c Technologies Holdings | Reduce -9.5% | 0.31% | −0.04 |
| SBAC SBA Communications Corp. | Reduce -16.4% | 0.29% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -2.0% | 0.43% | −0.04 |
| ORI Old Republic Intl Corp. | Reduce -4.2% | 0.42% | −0.03 |
| THG Hanover Insurance Group Inc./ | Reduce -11.5% | 0.19% | −0.03 |
| HLNE Hamilton Lane Inc. Class A | Reduce -18.1% | 0.11% | −0.03 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.03 |
| LW Lamb Weston Holdings Inc. | Reduce -9.7% | 0.17% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.6% | 0.87% | −0.02 |
| SHOE Shoe Station Group Inc. | Reduce -6.7% | 0.08% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.8% | 0.15% | −0.02 |
| BKH Black Hills Corp. | Reduce -6.0% | 0.12% | −0.02 |
| MWA Mueller Water Products Inc. Class A | Reduce -1.8% | 0.19% | −0.02 |
| ESS Essex Property Trust Inc. | Reduce -73.8% | 0.01% | −0.02 |
| BRO Brown & Brown Inc. | Reduce -14.4% | 0.05% | −0.02 |
| RMD Resmed Inc. | Reduce -57.4% | 0.01% | −0.02 |
| FCPT Four Corners Property Trust | Reduce -3.6% | 0.12% | −0.01 |
| EXPD Expeditors Intl Wash Inc. | Reduce -0.4% | 0.17% | −0.01 |
| SYBT Stock Yards Bancorp Inc. | Reduce -18.4% | 0.13% | −0.01 |
| TPL Texas Pacific Land Corp. | Reduce -5.5% | 0.03% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| MAA Mid-America Apartment Comm | Add +272.8% | 0.76% | +0.53 |
| PNC PNC Financial Services Group | Add +32.8% | 1.61% | +0.45 |
| SMG Scotts Miracle-Gro Co. | New | 0.29% | +0.29 |
| DEO Diageo PLC-Sponsored ADR | Add +178.6% | 0.40% | +0.25 |
| GSK GSK PLC-Spon ADR | Add +119.6% | 0.44% | +0.24 |
| ATR Aptargroup Inc. | Add +80.9% | 0.47% | +0.22 |
| PEGA Pegasystems Inc. | Add +72.2% | 0.51% | +0.12 |
| EVRG Evergy Inc. | Add +36.3% | 0.47% | +0.12 |
| PRGO Perrigo Co. PLC | Add +30.1% | 0.58% | +0.10 |
| CSX CSX Corp. | Add +4.0% | 0.85% | +0.10 |
| HBAN Huntington Bancshares Inc. | Add +4.4% | 0.78% | +0.10 |
| MAN Manpowergroup Inc. | Add +91.3% | 0.35% | +0.08 |
| FCFS Firstcash Holdings Inc. | New | 0.08% | +0.08 |
| ROST Ross Stores Inc. | Add +9.6% | 0.98% | +0.07 |
| CWT California Water Service Grp | New | 0.07% | +0.07 |
| ROP Roper Technologies Inc. | Add +12.4% | 1.05% | +0.06 |
| ICE Intercontinental Exchange Inc. | Add +1.1% | 1.04% | +0.06 |
| CUBE Cubesmart | Add +15.8% | 0.37% | +0.04 |
| AEIS Advanced Energy Industries | Add +3.4% | 0.14% | +0.04 |
| CGNX Cognex Corp. | New | 0.04% | +0.04 |
| LAZ Lazard Inc. | Add +2.4% | 0.31% | +0.03 |
| MLAB Mesa Laboratories Inc. | Add +97.5% | 0.09% | +0.03 |
| LAMR Lamar Advertising Co. Class A | Add +2.1% | 0.43% | +0.03 |
| CNQ Canadian Natural Resources | Add +1.7% | 1.28% | +0.03 |
| LFUS Littelfuse Inc. | Add +5.0% | 0.16% | +0.03 |
| GPC Genuine Parts Co. | Add +0.9% | 1.77% | +0.02 |
| PAHC Phibro Animal Health Corp. Class A | Add +2.1% | 0.11% | +0.02 |
| POWI Power Integrations Inc. | Add +2.0% | 0.17% | +0.02 |
| RCKY Rocky Brands Inc. | Add +2.3% | 0.07% | +0.02 |
| USPH U.S. Physical Therapy Inc. | Add +1.6% | 0.19% | +0.01 |
| IPAR Interparfums Inc. | Add +1.2% | 0.10% | +0.01 |
| III Information Services Group | Add +1.0% | 0.07% | +0.01 |
| MET Metlife Inc. | Add +291.5% | 0.01% | +0.01 |
| AMZN Amazon.com Inc. | Add +9.5% | 0.05% | +0.01 |
| TRNO Terreno Realty Corp. | Add +23.1% | 0.15% | +0.01 |
| CDRE Cadre Holdings Inc. | Add +2.4% | 0.13% | +0.01 |
| CHDN Churchill Downs Inc. | New | 0.01% | +0.01 |
| PIPR Piper Sandler Cos | Add +2.1% | 0.08% | +0.01 |
| CCI Crown Castle Inc. | Add +5.0% | 0.43% | +0.01 |
| COF Capital One Financial Corp. | Add +9.6% | 0.04% | +0.01 |
| CAT Caterpillar Inc. | Add +2.9% | 0.04% | +0.01 |
| HXL Hexcel Corp. | Add +4.3% | 0.11% | +0.01 |
| GE General Electric | Add +5.0% | 0.02% | +0.01 |
| APH Amphenol Corp. Class A | Add +7.8% | 0.02% | +0.01 |
| GEV GE Vernova Inc. | Add +2.1% | 0.01% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +6.4% | 0.03% | +0.01 |
| ELV Elevance Health Inc. | New | 0.01% | +0.01 |
| INTU Intuit Inc. | New | 0.01% | +0.01 |
| FHB First Hawaiian Inc. | Add +5.8% | 0.08% | +0.00 |
| WELL Welltower Inc. | New | 0.00% | +0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.8% | 7,913 | $9.3M |
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 |