Crawford Investment Counsel Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Crawford Investment Counsel Inc. reported 298 stock positions worth $6.0 billion. Its top holding was Microsoft (MSFT) at 4.0% of the portfolio, followed by Abbvie (ABBV, 3.5%) and Johnson Controls Internation (JCI, 2.5%). Compared with Q2 2025, it opened 15 new positions, sold out of 7, added to 135 and reduced 117. The biggest buy was Abbvie (ABBV, shares +1%) and the biggest sale United Parcel Service Class B (UPS, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0000837592
- Portfolio Value
- $6.0B (Q3 2025)
- SEC Filing
- 0001398344-25-020880 ↗ filed Nov 14, 2025
Holdings Value
Holdings 298 stocks · $6.0B
| MSFT Microsoft Corp. | 3.99% | 463,843 | $240.2M | Reduce -1.0% |
| ABBV Abbvie Inc. | 3.50% | 910,699 | $210.9M | Add +0.9% |
| JCI Johnson Controls Internation | 2.49% | 1,362,993 | $149.9M | Reduce -1.7% |
| TEL Te Connectivity PLC | 2.20% | 602,906 | $132.4M | Reduce -1.8% |
| KO The Coca-Cola Co. | 2.14% | 1,947,005 | $129.1M | Add +2.4% |
| MDT Medtronic PLC | 2.14% | 1,353,062 | $128.9M | Add +0.7% |
| WEC WEC Energy Group Inc. | 2.09% | 1,100,872 | $126.1M | Add +0.6% |
| PM Philip Morris International | 2.08% | 771,572 | $125.1M | Reduce -1.8% |
| V Visa Inc. Class A | 2.00% | 353,403 | $120.6M | Add +1.9% |
| AZN Astrazeneca PLC-Spons ADR | 1.99% | 1,566,073 | $120.1M | Add +1.8% |
| RTX RTX Corp. | 1.97% | 708,093 | $118.5M | Reduce -1.7% |
| AEP American Electric Power | 1.96% | 1,046,775 | $117.8M | Reduce -12.8% |
| GPC Genuine Parts Co. | 1.93% | 836,603 | $116.0M | Add +0.4% |
| WTW Willis Towers Watson PLC | 1.90% | 331,058 | $114.4M | Add +4.4% |
| HD Home Depot Inc. | 1.89% | 280,509 | $113.7M | Add +0.8% |
| AXP American Express Co. | 1.85% | 335,612 | $111.5M | Reduce -1.5% |
| PNC PNC Financial Services Group | 1.68% | 503,854 | $101.2M | Add +2.2% |
| SAP Sap SE-Sponsored ADR | 1.61% | 362,866 | $97.0M | Add +0.3% |
| SCHW Schwab (charles) Corp. | 1.60% | 1,011,241 | $96.5M | Reduce -1.0% |
| HON Honeywell International Inc. | 1.59% | 456,350 | $96.1M | Add +1.2% |
| ACN Accenture PLC Class A | 1.58% | 384,916 | $94.9M | Add +18.3% |
| DGX Quest Diagnostics Inc. | 1.56% | 494,432 | $94.2M | Add +1.9% |
| BLK BlackRock Inc. | 1.51% | 77,839 | $90.7M | Add +2.8% |
| PG The Procter & Gamble Co. | 1.48% | 581,042 | $89.3M | Add +3.6% |
| OMC Omnicom Group | 1.47% | 1,087,665 | $88.7M | Add +2.8% |
| UPS United Parcel Service Class B | 1.37% | 986,238 | $82.4M | Reduce -3.0% |
| SPGI S&P Global Inc. | 1.34% | 165,848 | $80.7M | Reduce -0.1% |
| JNJ Johnson & Johnson | 1.33% | 431,995 | $80.1M | Add +0.6% |
| DOX Amdocs Ltd. | 1.30% | 951,492 | $78.1M | Add +2.8% |
| CNQ Canadian Natural Resources | 1.24% | 2,340,051 | $74.8M | Add +0.3% |
| ROST Ross Stores Inc. | 1.15% | 452,828 | $69.0M | Add +3.2% |
| JPM JPMorgan Chase & Co. | 1.13% | 216,613 | $68.3M | Reduce -2.1% |
| CAH Cardinal Health Inc. | 1.06% | 408,014 | $64.0M | Reduce -4.4% |
| AAPL Apple Inc. | 1.05% | 248,267 | $63.2M | Reduce -1.1% |
| MRSH Marsh & McLennan Cos | 0.98% | 294,316 | $59.3M | Add +2.6% |
| PFE Pfizer Inc. | 0.91% | 2,155,245 | $54.9M | Add +0.6% |
| ROP Roper Technologies Inc. | 0.91% | 110,117 | $54.9M | Add +4.4% |
| MAA Mid-America Apartment Comm | 0.91% | 392,943 | $54.9M | Add +33.5% |
| ICE Intercontinental Exchange Inc. | 0.91% | 324,282 | $54.6M | Reduce -0.1% |
| CSX CSX Corp. | 0.90% | 1,518,850 | $53.9M | Add +1.8% |
| MDLZ Mondelez International Inc. Class A | 0.78% | 753,431 | $47.1M | Add +2.5% |
| HBAN Huntington Bancshares Inc. | 0.75% | 2,615,300 | $45.2M | Reduce -1.7% |
| AVGO Broadcom Inc. | 0.69% | 125,286 | $41.3M | Reduce -5.1% |
| DUK Duke Energy Corp. | 0.66% | 321,990 | $39.8M | Reduce -8.7% |
| ORCL Oracle Corp. | 0.65% | 138,933 | $39.1M | Reduce -7.2% |
| CVX Chevron Corp. | 0.65% | 251,003 | $39.0M | Add +0.7% |
| ARE Alexandria Real Estate Equit | 0.64% | 463,111 | $38.6M | Reduce -7.2% |
| MSM MSC Industrial Direct Co. Class A | 0.58% | 376,084 | $34.7M | Reduce -5.9% |
| ATR Aptargroup Inc. | 0.54% | 244,491 | $32.7M | Add +41.4% |
| GOOGL Alphabet Inc. Class A | 0.54% | 132,599 | $32.2M | Add +26.8% |
| KMI Kinder Morgan Inc. | 0.51% | 1,086,068 | $30.7M | Add +2.4% |
| PEGA Pegasystems Inc. | 0.50% | 526,049 | $30.2M | Reduce -2.5% |
| EVRG Evergy Inc. | 0.50% | 392,756 | $29.9M | Add +0.7% |
| GSK GSK PLC-Spon ADR | 0.50% | 691,260 | $29.8M | Add +4.6% |
| PRU Prudential Financial Inc. | 0.48% | 276,801 | $28.7M | Add +2.8% |
| ESE Esco Technologies Inc. | 0.48% | 135,789 | $28.7M | Reduce -3.8% |
| PRGO Perrigo Co. PLC | 0.47% | 1,274,467 | $28.4M | Add +3.2% |
| BKH Black Hills Corp. | 0.46% | 447,651 | $27.6M | Add +264.8% |
| DOC Healthpeak Properties Inc. | 0.44% | 1,397,751 | $26.8M | Reduce -0.6% |
| NVT Nvent Electric PLC | 0.44% | 270,559 | $26.7M | Reduce -3.2% |
| D Dominion Energy Inc. | 0.44% | 431,011 | $26.4M | Add +1.2% |
| VZ Verizon Communications Inc. | 0.43% | 583,492 | $25.6M | Add +3.3% |
| STAG Stag Industrial Inc. | 0.42% | 717,961 | $25.3M | Add +5.8% |
| LAMR Lamar Advertising Co. Class A | 0.42% | 205,565 | $25.2M | Add +1.6% |
| SO The Southern Co. | 0.41% | 261,255 | $24.8M | Add +0.2% |
| HAS Hasbro Inc. | 0.39% | 311,690 | $23.6M | Reduce -4.5% |
| CCI Crown Castle Inc. | 0.39% | 240,784 | $23.2M | Add +0.2% |
| DEO Diageo PLC-Sponsored ADR | 0.38% | 240,076 | $22.9M | Add +4.8% |
| ASO Academy Sports & Outdoors Inc. | 0.38% | 453,310 | $22.7M | Add +15.1% |
| LFUS Littelfuse Inc. | 0.37% | 85,656 | $22.2M | Add +114.9% |
| APAM Artisan Partners Asset Ma -A | 0.36% | 503,497 | $21.9M | Reduce -3.5% |
| TXN Texas Instruments Inc. | 0.36% | 116,744 | $21.4M | Reduce -0.9% |
| CUBE Cubesmart | 0.35% | 512,289 | $20.8M | Add +2.1% |
| OKE Oneok Inc. | 0.34% | 283,773 | $20.7M | Add +5.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.33% | 70,571 | $19.9M | Reduce -7.0% |
| SSNC Ss&c Technologies Holdings | 0.33% | 222,925 | $19.8M | Add +3.3% |
| META Meta Platforms Inc. Class A | 0.33% | 26,886 | $19.7M | Add +2.6% |
| MAN Manpowergroup Inc. | 0.32% | 515,020 | $19.5M | Add +4.6% |
| PEP Pepsico Inc. | 0.32% | 137,774 | $19.3M | Add +0.3% |
| LAZ Lazard Inc. | 0.32% | 361,336 | $19.1M | Reduce -3.3% |
| BTI British American Tob-SP ADR | 0.31% | 353,580 | $18.8M | New |
| DG Dollar General Corp. | 0.31% | 179,153 | $18.5M | Reduce -1.3% |
| NTRS Northern Trust Corp. | 0.28% | 125,311 | $16.9M | Reduce -2.4% |
| SBUX Starbucks Corp. | 0.27% | 192,121 | $16.3M | Add +10.3% |
| PLD Prologis Inc. | 0.27% | 140,839 | $16.1M | New |
| MRVL Marvell Technology Inc. | 0.26% | 184,040 | $15.5M | Add +10.4% |
| CNMD Conmed Corp. | 0.25% | 323,998 | $15.2M | Add +12.6% |
| CRM Salesforce Inc. | 0.25% | 62,853 | $14.9M | Add +13.3% |
| ORI Old Republic Intl Corp. | 0.24% | 343,482 | $14.6M | Reduce -45.0% |
| BKNG Booking Holdings Inc. | 0.24% | 2,689 | $14.5M | Add +8.0% |
| SMG Scotts Miracle-Gro Co. | 0.24% | 254,458 | $14.5M | Add +0.7% |
| MRK Merck & Co. Inc. | 0.23% | 162,136 | $13.6M | Reduce -19.8% |
| MOG.A Moog Inc. Class A | 0.23% | 65,465 | $13.6M | Reduce -2.4% |
| SXI Standex International Corp. | 0.22% | 63,178 | $13.4M | Reduce -5.2% |
| KNTK Kinetik Holdings Inc. | 0.22% | 309,175 | $13.2M | Add +10.2% |
| WMB Williams Cos Inc. | 0.22% | 207,700 | $13.2M | Add +0.1% |
| DTM DT Midstream Inc. | 0.22% | 114,841 | $13.0M | Reduce -7.3% |
| WMT Walmart Inc. | 0.21% | 124,252 | $12.8M | Reduce -5.7% |
| AZZ Azz Inc. | 0.21% | 116,353 | $12.7M | Reduce -3.7% |
| USPH U.S. Physical Therapy Inc. | 0.21% | 146,752 | $12.5M | Add +7.4% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $9.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 7,896 | $9.8M | Reduce -0.2% |
Total filed on the 13F, all lines: $6.0B.
Portfolio Sells Q2 2025 → Q3 2025
| UPS United Parcel Service Class B | Reduce -3.0% | 1.37% | −0.43 |
| PM Philip Morris International | Reduce -1.8% | 2.08% | −0.42 |
| SBAC SBA Communications Corp. | Reduce -92.3% | 0.02% | −0.27 |
| AEP American Electric Power | Reduce -12.8% | 1.96% | −0.22 |
| SPGI S&P Global Inc. | Reduce -0.1% | 1.34% | −0.19 |
| CAH Cardinal Health Inc. | Reduce -4.4% | 1.06% | −0.19 |
| GILD Gilead Sciences Inc. | Reduce -76.1% | 0.06% | −0.19 |
| ORI Old Republic Intl Corp. | Reduce -45.0% | 0.24% | −0.18 |
| ICE Intercontinental Exchange Inc. | Reduce -0.1% | 0.91% | −0.13 |
| MSFT Microsoft Corp. | Reduce -1.0% | 3.99% | −0.09 |
| JCI Johnson Controls Internation | Reduce -1.7% | 2.49% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -0.9% | 0.36% | −0.07 |
| DUK Duke Energy Corp. | Reduce -8.7% | 0.66% | −0.07 |
| IBM Intl Business Machines Corp. | Reduce -7.0% | 0.33% | −0.06 |
| DG Dollar General Corp. | Reduce -1.3% | 0.31% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -19.8% | 0.23% | −0.05 |
| AXP American Express Co. | Reduce -1.5% | 1.85% | −0.05 |
| GPN Global Payments Inc. | Reduce -56.7% | 0.04% | −0.05 |
| ARES Ares Management Corp. Class A | Reduce -12.6% | 0.15% | −0.05 |
| APAM Artisan Partners Asset Ma -A | Reduce -3.5% | 0.36% | −0.04 |
| HBAN Huntington Bancshares Inc. | Reduce -1.7% | 0.75% | −0.03 |
| HAS Hasbro Inc. | Reduce -4.5% | 0.39% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -1.0% | 1.60% | −0.03 |
| JJSF J & J Snack Foods Corp. | Reduce -7.9% | 0.07% | −0.02 |
| SYBT Stock Yards Bancorp Inc. | Reduce -2.4% | 0.11% | −0.02 |
| ALL Allstate Corp. | Reduce -20.2% | 0.10% | −0.02 |
| DTM DT Midstream Inc. | Reduce -7.3% | 0.22% | −0.02 |
| PAYX Paychex Inc. | Reduce -0.5% | 0.09% | −0.02 |
| MSM MSC Industrial Direct Co. Class A | Reduce -5.9% | 0.58% | −0.02 |
| NSA National Storage Affiliates | Reduce -11.0% | 0.07% | −0.02 |
| VMI Valmont Industries | Reduce -18.7% | 0.16% | −0.01 |
| WWD Woodward Inc. | Reduce -50.4% | 0.01% | −0.01 |
| CCJ Cameco Corp. | Reduce -23.0% | 0.06% | −0.01 |
| NKE Nike Inc. Class B | Reduce -45.8% | 0.01% | −0.01 |
| WMT Walmart Inc. | Reduce -5.7% | 0.21% | −0.01 |
| CB Chubb Ltd. | Reduce -1.8% | 0.12% | −0.01 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.01 |
| SCI Service Corp. International | Reduce -57.3% | 0.01% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -1.8% | 0.12% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -7.5% | 0.05% | −0.01 |
| FUL H.B. Fuller Co. | Reduce -0.9% | 0.12% | −0.01 |
| WSFS WSFS Financial Corp. | Reduce -1.9% | 0.10% | −0.01 |
| PEGA Pegasystems Inc. | Reduce -2.5% | 0.50% | −0.01 |
| MCO Moody's Corp. | Reduce -5.6% | 0.05% | −0.01 |
| DE Deere & Co. | Reduce -0.9% | 0.04% | −0.01 |
| TGT Target Corp. | Reduce -2.7% | 0.03% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -0.6% | 0.03% | −0.01 |
| BANF Bancfirst Corp. | Reduce -1.9% | 0.11% | −0.01 |
| EFX Equifax Inc. | Reduce -2.4% | 0.06% | −0.01 |
| THG Hanover Insurance Group Inc./ | Reduce -4.1% | 0.18% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| ABBV Abbvie Inc. | Add +0.9% | 3.50% | +0.57 |
| BKH Black Hills Corp. | Add +264.8% | 0.46% | +0.34 |
| BTI British American Tob-SP ADR | New | 0.31% | +0.31 |
| PLD Prologis Inc. | New | 0.27% | +0.27 |
| GOOGL Alphabet Inc. Class A | Add +26.8% | 0.54% | +0.21 |
| LFUS Littelfuse Inc. | Add +114.9% | 0.37% | +0.21 |
| WTW Willis Towers Watson PLC | Add +4.4% | 1.90% | +0.20 |
| JNJ Johnson & Johnson | Add +0.6% | 1.33% | +0.18 |
| ROST Ross Stores Inc. | Add +3.2% | 1.15% | +0.17 |
| GPC Genuine Parts Co. | Add +0.4% | 1.93% | +0.16 |
| MAA Mid-America Apartment Comm | Add +33.5% | 0.91% | +0.15 |
| OMC Omnicom Group | Add +2.8% | 1.47% | +0.14 |
| CLX Clorox Company | Add +544.4% | 0.16% | +0.14 |
| BLK BlackRock Inc. | Add +2.8% | 1.51% | +0.12 |
| AZN Astrazeneca PLC-Spons ADR | Add +1.8% | 1.99% | +0.11 |
| HD Home Depot Inc. | Add +0.8% | 1.89% | +0.10 |
| WEC WEC Energy Group Inc. | Add +0.6% | 2.09% | +0.10 |
| MDT Medtronic PLC | Add +0.7% | 2.14% | +0.09 |
| ATEN A10 Networks Inc. | New | 0.09% | +0.09 |
| NSSC Napco Security Technologies | New | 0.07% | +0.07 |
| PNC PNC Financial Services Group | Add +2.2% | 1.68% | +0.07 |
| ATR Aptargroup Inc. | Add +41.4% | 0.54% | +0.07 |
| ASO Academy Sports & Outdoors Inc. | Add +15.1% | 0.38% | +0.07 |
| CGNX Cognex Corp. | Add +83.7% | 0.10% | +0.06 |
| GSK GSK PLC-Spon ADR | Add +4.6% | 0.50% | +0.05 |
| CSX CSX Corp. | Add +1.8% | 0.90% | +0.04 |
| FHB First Hawaiian Inc. | Add +60.7% | 0.12% | +0.04 |
| DGX Quest Diagnostics Inc. | Add +1.9% | 1.56% | +0.04 |
| AEIS Advanced Energy Industries | Add +0.6% | 0.17% | +0.03 |
| MRVL Marvell Technology Inc. | Add +10.4% | 0.26% | +0.03 |
| XOM Exxon Mobil Corp. | Add +28.5% | 0.14% | +0.03 |
| EMBC Embecta Corp. | Add +0.0% | 0.09% | +0.03 |
| EVRG Evergy Inc. | Add +0.7% | 0.50% | +0.03 |
| CVX Chevron Corp. | Add +0.7% | 0.65% | +0.02 |
| WD Walker & Dunlop Inc. | Add +4.8% | 0.14% | +0.02 |
| USPH U.S. Physical Therapy Inc. | Add +7.4% | 0.21% | +0.02 |
| RCKY Rocky Brands Inc. | Add +0.7% | 0.09% | +0.02 |
| XRAY Dentsply Sirona Inc. | New | 0.02% | +0.02 |
| CDRE Cadre Holdings Inc. | Add +4.7% | 0.15% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +17.5% | 0.05% | +0.02 |
| D Dominion Energy Inc. | Add +1.2% | 0.44% | +0.02 |
| SSNC Ss&c Technologies Holdings | Add +3.3% | 0.33% | +0.02 |
| III Information Services Group | Add +5.7% | 0.08% | +0.01 |
| WBS Webster Financial Corp. | Add +12.9% | 0.10% | +0.01 |
| RAL Ralliant Corp. | New | 0.01% | +0.01 |
| FCFS Firstcash Holdings Inc. | Add +4.6% | 0.09% | +0.01 |
| TRNO Terreno Realty Corp. | Add +11.6% | 0.16% | +0.01 |
| CHDN Churchill Downs Inc. | Add +127.5% | 0.02% | +0.01 |
| COLM Columbia Sportswear Co. | Add +38.1% | 0.09% | +0.01 |
| SSB Southstate Bank Corp. | Add +3.9% | 0.15% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.2% | 7,896 | $9.8M |
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 |