First City Capital Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), First City Capital Management, Inc. reported 145 stock positions worth $173.2 million. Its top holding was Microsoft (MSFT) at 5.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 4.6%) and Vanguard S&P 500 ETF (VOO, 3.8%). Compared with Q1 2025, it opened 3 new positions, sold out of 5, added to 38 and reduced 61. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +1%) and the biggest sale Home Depot (HD, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- SAVANNAH, GA
- CIK
- 0001427350
- Portfolio Value
- $173.2M (Q2 2025)
- SEC Filing
- 0001427350-25-000003 ↗ filed Jul 15, 2025
Holdings Value
Holdings 145 stocks · $173.2M
| MSFT Microsoft Corp. | 5.73% | 19,950 | $9.9M | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.63% | 12,974 | $8.0M | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 3.78% | 11,537 | $6.6M | Add +1.4% |
| XOM Exxon Mobil Corp. | 3.22% | 51,802 | $5.6M | Add +1.4% |
| NVDA Nvidia Corp. | 3.20% | 35,141 | $5.6M | Reduce -1.0% |
| MGMT Ballast Small/Mid Cap ETF | 3.18% | 139,653 | $5.5M | Reduce -1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.84% | 10,146 | $4.9M | Add +0.0% |
| HD Home Depot Inc. | 2.82% | 13,345 | $4.9M | Reduce -18.2% |
| LLY Eli Lilly & Co. | 2.81% | 6,244 | $4.9M | Reduce -1.4% |
| ABBV Abbvie Inc. | 2.78% | 25,911 | $4.8M | Add +1.6% |
| JPM JPMorgan Chase & Co. | 2.70% | 16,110 | $4.7M | Reduce -1.0% |
| KO The Coca-Cola Co. | 2.32% | 56,929 | $4.0M | Add +1.2% |
| AMZN Amazon.com Inc. | 2.07% | 16,351 | $3.6M | Reduce -0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.67% | 9,796 | $2.9M | Add +0.4% |
| AAPL Apple Inc. | 1.61% | 13,558 | $2.8M | Reduce -19.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.48% | 54,143 | $2.6M | Reduce -0.5% |
| RTX RTX Corp. | 1.46% | 17,275 | $2.5M | Add +0.2% |
| PAUG Innovator U.S. Equity Power | 1.19% | 51,132 | $2.1M | Reduce -0.6% |
| CVX Chevron Corp. | 1.18% | 14,219 | $2.0M | Add +1.2% |
| PG The Procter & Gamble Co. | 1.14% | 12,434 | $2.0M | Reduce -0.6% |
| VZ Verizon Communications Inc. | 1.12% | 44,851 | $1.9M | Add +0.6% |
| SO The Southern Co. | 1.08% | 20,332 | $1.9M | Add +2.9% |
| MRK Merck & Co. Inc. | 0.99% | 21,565 | $1.7M | Reduce -1.6% |
| JNJ Johnson & Johnson | 0.94% | 10,669 | $1.6M | Add +2.4% |
| LMT Lockheed Martin Corp. | 0.93% | 3,465 | $1.6M | No change |
| MO Altria Group Inc. | 0.92% | 27,138 | $1.6M | Reduce -0.1% |
| PAYX Paychex Inc. | 0.90% | 10,722 | $1.6M | No change |
| DEM Wisdomtree Emerging Markets | 0.83% | 31,697 | $1.4M | Reduce -1.7% |
| WFC Wells Fargo & Co. | 0.77% | 16,626 | $1.3M | Reduce -0.1% |
| PJAN Innovator U.S. Equity Power | 0.77% | 30,200 | $1.3M | No change |
| ETN Eaton Corp. PLC | 0.76% | 3,687 | $1.3M | No change |
| NOC Northrop Grumman Corp. | 0.75% | 2,608 | $1.3M | No change |
| DUK Duke Energy Corp. | 0.73% | 10,788 | $1.3M | Reduce -0.6% |
| CINF Cincinnati Financial Corp. | 0.73% | 8,523 | $1.3M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.72% | 2,835 | $1.2M | Add +0.0% |
| GLD SPDR Gold Shares | 0.71% | 4,044 | $1.2M | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.69% | 17,310 | $1.2M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 0.68% | 2,779 | $1.2M | No change |
| META Meta Platforms Inc. Class A | 0.68% | 1,586 | $1.2M | Add +1.5% |
| PM Philip Morris International | 0.64% | 6,054 | $1.1M | Add +8.2% |
| CR Crane Co. | 0.63% | 5,711 | $1.1M | No change |
| HON Honeywell International Inc. | 0.62% | 4,608 | $1.1M | Reduce -3.7% |
| PFE Pfizer Inc. | 0.61% | 43,700 | $1.1M | Reduce -9.0% |
| BMY Bristol-Myers Squibb Co. | 0.58% | 21,722 | $1.0M | Add +1.4% |
| T AT&T Inc. | 0.56% | 33,702 | $975K | Add +6.7% |
| AMGN Amgen Inc. | 0.55% | 3,401 | $950K | No change |
| PEP Pepsico Inc. | 0.53% | 6,943 | $917K | Add +11.3% |
| GOOGL Alphabet Inc. Class A | 0.52% | 5,150 | $908K | Reduce -21.9% |
| LOW Lowe's Cos Inc. | 0.52% | 4,035 | $895K | Reduce -15.6% |
| QCOM Qualcomm Inc. | 0.51% | 5,514 | $878K | Reduce -1.3% |
| MDLZ Mondelez International Inc. Class A | 0.50% | 12,924 | $872K | Reduce -0.6% |
| SRLN SS Blackstone Sr Loan ETF | 0.50% | 20,835 | $867K | Reduce -0.8% |
| ABT Abbott Laboratories | 0.50% | 6,369 | $866K | Add +2.1% |
| BSCS Invesco Bulletshares 2028 CB | 0.49% | 41,450 | $849K | Reduce -1.3% |
| AVY Avery Dennison Corp. | 0.48% | 4,730 | $830K | No change |
| MCD McDonald's Corp. | 0.48% | 2,826 | $826K | Reduce -0.5% |
| MDY State Street SPDR S&P Midcap | 0.47% | 1,428 | $809K | Add +1.9% |
| PHO Invesco Water Resources ETF | 0.46% | 11,335 | $792K | No change |
| RSP Invesco S&P 500 Equal Weight | 0.45% | 4,336 | $788K | Add +3.1% |
| COST Costco Wholesale Corp. | 0.45% | 789 | $781K | No change |
| RIO Rio Tinto PLC-Spon ADR | 0.44% | 12,982 | $757K | Reduce -3.7% |
| FCX Freeport-McMoran Inc. | 0.43% | 17,346 | $752K | Add +4.1% |
| WMT Walmart Inc. | 0.43% | 7,623 | $745K | Reduce -0.9% |
| MCK McKesson Corp. | 0.39% | 925 | $678K | No change |
| BSCQ Invesco Bulletshares 2026 CB | 0.39% | 34,621 | $676K | Reduce -0.9% |
| C Citigroup Inc. | 0.38% | 7,815 | $665K | Add +3.3% |
| MMM 3M Co. | 0.37% | 4,212 | $641K | Reduce -0.3% |
| TXT Textron Inc. | 0.36% | 7,840 | $629K | Reduce -5.1% |
| CB Chubb Ltd. | 0.36% | 2,172 | $629K | Reduce -0.7% |
| JCI Johnson Controls Internation | 0.36% | 5,869 | $620K | Reduce -6.0% |
| TFC Truist Financial Corp. | 0.36% | 14,346 | $617K | Add +9.3% |
| SNY Sanofi-ADR | 0.35% | 12,620 | $610K | No change |
| GS Goldman Sachs Group Inc. | 0.33% | 818 | $579K | Add +0.4% |
| DOV Dover Corp. | 0.33% | 3,138 | $575K | Reduce -3.1% |
| GOOG Alphabet Inc. Class C | 0.33% | 3,206 | $569K | Reduce -0.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.33% | 8,113 | $567K | No change |
| BSCU Invesco Bulletshares 2030 CB | 0.33% | 33,633 | $564K | Reduce -1.0% |
| IWM iShares Russell 2000 ETF | 0.32% | 2,597 | $560K | Reduce -4.3% |
| NVS Novartis AG-Sponsored ADR | 0.32% | 4,614 | $558K | Reduce -1.6% |
| B Barrick Mining Corp. | 0.32% | 26,612 | $554K | Add +1.9% |
| CMI Cummins Inc. | 0.31% | 1,660 | $544K | Reduce -2.9% |
| LHX L3HARRIS Technologies Inc. | 0.31% | 2,115 | $531K | No change |
| V Visa Inc. Class A | 0.30% | 1,473 | $523K | No change |
| TT Trane Technologies PLC | 0.30% | 1,189 | $520K | Reduce -2.1% |
| IVV iShares Core S&P 500 ETF | 0.30% | 835 | $518K | No change |
| IUSG iShares Core S&P U.S. Growth | 0.30% | 3,439 | $517K | No change |
| EPD Enterprise Products Partners | 0.30% | 16,541 | $513K | Add +0.8% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.29% | 8,250 | $503K | Add +1.2% |
| BKLN Invesco Senior Loan ETF | 0.29% | 23,853 | $499K | Reduce -0.2% |
| CARR Carrier Global Corp. | 0.29% | 6,812 | $499K | No change |
| CCJ Cameco Corp. | 0.28% | 6,650 | $494K | No change |
| NOBL Proshares S&P 500 Dividend A | 0.28% | 4,890 | $492K | Add +5.7% |
| KKR KKR & Co. Inc. | 0.28% | 3,671 | $488K | Reduce -6.5% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.28% | 5,448 | $484K | Reduce -1.8% |
| AYI Acuity Inc. | 0.28% | 1,613 | $481K | Reduce -1.2% |
| AVGO Broadcom Inc. | 0.27% | 1,723 | $475K | Reduce -0.4% |
| ITW Illinois Tool Works | 0.27% | 1,909 | $472K | Reduce -4.4% |
| GPC Genuine Parts Co. | 0.27% | 3,883 | $471K | Reduce -9.4% |
| CL Colgate-Palmolive Co. | 0.27% | 5,062 | $460K | Add +25.9% |
| CP Canadian Pacific Kansas City | 0.26% | 5,710 | $453K | Reduce -1.3% |
Portfolio Sells Q1 2025 → Q2 2025
| HD Home Depot Inc. | Reduce -18.2% | 2.82% | −0.76 |
| AAPL Apple Inc. | Reduce -19.1% | 1.61% | −0.63 |
| LLY Eli Lilly & Co. | Reduce -1.4% | 2.81% | −0.33 |
| MRK Merck & Co. Inc. | Reduce -1.6% | 0.99% | −0.19 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 0.21% | −0.16 |
| LOW Lowe's Cos Inc. | Reduce -15.6% | 0.52% | −0.15 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.15 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.14 |
| COP Conocophillips | Sold out | 0.00% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -0.6% | 1.14% | −0.14 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.12 |
| PFE Pfizer Inc. | Reduce -9.0% | 0.61% | −0.12 |
| MGMT Ballast Small/Mid Cap ETF | Reduce -1.5% | 3.18% | −0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -21.9% | 0.52% | −0.09 |
| BDX Becton Dickinson and Co. | Reduce -1.2% | 0.20% | −0.08 |
| MO Altria Group Inc. | Reduce -0.1% | 0.92% | −0.06 |
| DUK Duke Energy Corp. | Reduce -0.6% | 0.73% | −0.06 |
| MCD McDonald's Corp. | Reduce -0.5% | 0.48% | −0.06 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -3.7% | 0.44% | −0.05 |
| GPC Genuine Parts Co. | Reduce -9.4% | 0.27% | −0.03 |
| CB Chubb Ltd. | Reduce -0.7% | 0.36% | −0.03 |
| UNP Union Pacific Corp. | Reduce -3.2% | 0.26% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.6% | 0.50% | −0.03 |
| MSOS Advisorshares Pure US Cann | Sold out | 0.00% | −0.03 |
| ITW Illinois Tool Works | Reduce -4.4% | 0.27% | −0.02 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -1.3% | 0.49% | −0.02 |
| MDT Medtronic PLC | Reduce -3.8% | 0.19% | −0.02 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -0.8% | 0.50% | −0.02 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -0.9% | 0.39% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -2.0% | 0.15% | −0.01 |
| PNC PNC Financial Services Group | Reduce -7.7% | 0.24% | −0.01 |
| BSCU Invesco Bulletshares 2030 CB | Reduce -1.0% | 0.33% | −0.01 |
| CVS CVS Health Corp. | Reduce -4.1% | 0.18% | −0.01 |
| DOV Dover Corp. | Reduce -3.1% | 0.33% | −0.01 |
| BKLN Invesco Senior Loan ETF | Reduce -0.2% | 0.29% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -1.3% | 0.51% | −0.01 |
| CMI Cummins Inc. | Reduce -2.9% | 0.31% | −0.01 |
| MMM 3M Co. | Reduce -0.3% | 0.37% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -4.3% | 0.32% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.3% | 0.13% | +0.00 |
| UBS UBS Group AG-Reg | Reduce -5.6% | 0.13% | +0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -1.8% | 0.28% | +0.00 |
| SEE Sealed Air Corp. | Reduce -1.7% | 0.21% | +0.00 |
| TXT Textron Inc. | Reduce -5.1% | 0.36% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -9.1% | 0.26% | +0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -1.6% | 0.32% | +0.01 |
| KKR KKR & Co. Inc. | Reduce -6.5% | 0.28% | +0.01 |
| HON Honeywell International Inc. | Reduce -3.7% | 0.62% | +0.01 |
| AXP American Express Co. | Reduce -2.3% | 0.14% | +0.01 |
| DEM Wisdomtree Emerging Markets | Reduce -1.7% | 0.83% | +0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| VOO Vanguard S&P 500 ETF | Add +1.4% | 3.78% | +0.28 |
| WHR Whirlpool Corp. | New | 0.24% | +0.24 |
| IBM Intl Business Machines Corp. | Add +0.4% | 1.67% | +0.21 |
| TSLA Tesla Inc. | New | 0.19% | +0.19 |
| NFLX Netflix Inc. | New | 0.15% | +0.15 |
| META Meta Platforms Inc. Class A | Add +1.5% | 0.68% | +0.14 |
| PM Philip Morris International | Add +8.2% | 0.64% | +0.10 |
| RTX RTX Corp. | Add +0.2% | 1.46% | +0.09 |
| GS Goldman Sachs Group Inc. | Add +0.4% | 0.33% | +0.07 |
| C Citigroup Inc. | Add +3.3% | 0.38% | +0.06 |
| FCX Freeport-McMoran Inc. | Add +4.1% | 0.43% | +0.06 |
| CSCO Cisco Systems Inc. | Add +0.1% | 0.69% | +0.05 |
| KLAC KLA Corp. | Add +4.2% | 0.21% | +0.05 |
| GE General Electric | Add +0.3% | 0.22% | +0.04 |
| CL Colgate-Palmolive Co. | Add +25.9% | 0.27% | +0.04 |
| NEM Newmont Corp. | Add +8.8% | 0.17% | +0.03 |
| TFC Truist Financial Corp. | Add +9.3% | 0.36% | +0.03 |
| T AT&T Inc. | Add +6.7% | 0.56% | +0.03 |
| GLD SPDR Gold Shares | Add +1.1% | 0.71% | +0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +1.2% | 0.29% | +0.02 |
| MDY State Street SPDR S&P Midcap | Add +1.9% | 0.47% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | Add +3.1% | 0.45% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +0.5% | 0.22% | +0.02 |
| B Barrick Mining Corp. | Add +1.9% | 0.32% | +0.02 |
| SCCO Southern Copper Corp. | Add +1.0% | 0.22% | +0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Add +0.0% | 0.72% | +0.01 |
| ABT Abbott Laboratories | Add +2.1% | 0.50% | +0.00 |
| NOBL Proshares S&P 500 Dividend A | Add +5.7% | 0.28% | +0.00 |
| GSK GSK PLC-Spon ADR | Add +0.2% | 0.12% | −0.01 |
| SSB Southstate Bank Corp. | Add +1.4% | 0.26% | −0.01 |
| SO The Southern Co. | Add +2.9% | 1.08% | −0.01 |
| PEP Pepsico Inc. | Add +11.3% | 0.53% | −0.03 |
| EPD Enterprise Products Partners | Add +0.8% | 0.30% | −0.04 |
| KO The Coca-Cola Co. | Add +1.2% | 2.32% | −0.09 |
| VZ Verizon Communications Inc. | Add +0.6% | 1.12% | −0.09 |
| JNJ Johnson & Johnson | Add +2.4% | 0.94% | −0.10 |
| BMY Bristol-Myers Squibb Co. | Add +1.4% | 0.58% | −0.20 |
| CVX Chevron Corp. | Add +1.2% | 1.18% | −0.23 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.0% | 2.84% | −0.39 |
| XOM Exxon Mobil Corp. | Add +1.4% | 3.22% | −0.42 |
| ABBV Abbvie Inc. | Add +1.6% | 2.78% | −0.43 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 164 | $205.5M | SPY, VOO, MGMT, LLY, MSFT |
| Q1 2026 | 160 | $188.7M | SPY, VOO, XOM, MSFT, MGMT |
| Q4 2025 | 156 | $189.3M | MSFT, SPY, VOO, LLY, NVDA |
| Q3 2025 | 153 | $185.4M | MSFT, SPY, VOO, NVDA, MGMT |
| Q2 2025 | 145 | $173.2M | MSFT, SPY, VOO, XOM, NVDA |
| Q1 2025 | 147 | $166.8M | MSFT, SPY, XOM, HD, VOO |
| Q4 2024 | 153 | $187.9M | MSFT, HD, SPY, MGMT, LLY |
| Q3 2024 | 162 | $194.0M | MSFT, HD, SPY, LLY, KO |
| Q2 2024 | 157 | $178.0M | MSFT, LLY, SPY, KO, HD |
| Q1 2024 | 167 | $180.6M | MSFT, HD, LLY, SPY, KO |