Johnson Investment Counsel Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 23, 2026), Johnson Investment Counsel Inc. reported 838 stock positions worth $13.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 8.1% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 4.3%) and Apple (AAPL, 3.8%). Compared with Q1 2026, it opened 56 new positions, sold out of 27, added to 333 and reduced 322. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +4%) and the biggest sale Honeywell International (HON, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Cincinnati, OH
- CIK
- 0000821197
- Portfolio Value
- $13.7B (Q2 2026)
- SEC Filing
- 0002085853-26-000845 ↗ filed Jul 23, 2026
Holdings Value
Holdings 838 stocks · $13.7B
| IVV iShares Core S&P 500 ETF | 8.06% | 1,473,438 | $1.1B | Add +3.5% |
| IWB iShares Russell 1000 ETF | 4.28% | 1,429,386 | $585.3M | Add +0.7% |
| AAPL Apple Inc. | 3.77% | 1,782,340 | $515.7M | Reduce -2.8% |
| GOOGL Alphabet Inc. Class A | 2.83% | 1,081,872 | $386.6M | Reduce -1.9% |
| IWR iShares Russell Mid-Cap ETF | 2.42% | 3,001,929 | $331.2M | Add +3.2% |
| PG The Procter & Gamble Co. | 2.39% | 2,225,685 | $326.4M | Add +1.5% |
| MSFT Microsoft Corp. | 2.38% | 871,535 | $325.1M | Add +2.2% |
| CINF Cincinnati Financial Corp. | 1.92% | 1,417,965 | $262.5M | Reduce -2.5% |
| NVT Nvent Electric PLC | 1.80% | 1,454,085 | $246.6M | Reduce -6.6% |
| VEU Vanguard Ftse All-World Ex-U | 1.76% | 2,877,438 | $241.0M | Add +3.1% |
| ILOW AB Internal Low Volat Eq ETF filed as AB ACTIVE ETFS INC | 1.76% | 5,297,082 | $240.8M | Add +2.8% |
| AMZN Amazon.com Inc. | 1.60% | 921,278 | $219.6M | Reduce -3.6% |
| WMB Williams Cos Inc. | 1.49% | 2,751,271 | $204.5M | Reduce -5.1% |
| APH Amphenol Corp. Class A | 1.28% | 994,623 | $175.4M | Reduce -1.4% |
| VEA Vanguard Ftse Developed ETF | 1.22% | 2,344,738 | $167.1M | Add +7.4% |
| TSM Taiwan Semiconductor-SP ADR | 1.21% | 347,119 | $165.8M | Reduce -3.3% |
| SCHX Schwab US Large-Cap ETF | 1.18% | 5,492,353 | $161.6M | Add +7.0% |
| ADI Analog Devices Inc. | 1.17% | 402,733 | $160.0M | Add +1.1% |
| AEP American Electric Power | 1.14% | 1,144,304 | $156.6M | Reduce -1.9% |
| V Visa Inc. Class A | 1.13% | 450,119 | $154.4M | Add +1.2% |
| AVGO Broadcom Inc. | 1.11% | 402,688 | $152.1M | Add +14.1% |
| MA Mastercard Inc. Class A | 1.10% | 293,347 | $150.7M | Add +1.0% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.02% | 70,235 | $139.7M | Reduce -3.6% |
| NVDA Nvidia Corp. | 0.95% | 649,775 | $130.0M | Add +45.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.94% | 848,363 | $128.5M | Reduce -1.3% |
| WM Waste Management Inc. | 0.93% | 569,714 | $127.0M | Add +0.7% |
| DHR Danaher Corp. | 0.91% | 653,183 | $124.4M | Reduce -2.6% |
| NDAQ Nasdaq Inc. | 0.89% | 1,539,906 | $121.4M | Reduce -0.0% |
| AXS Axis Capital Holdings Ltd. | 0.88% | 1,121,839 | $120.5M | Reduce -3.3% |
| QUAL iShares MSCI USA Quality Fac | 0.87% | 539,969 | $118.5M | Add +7.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.85% | 1,209,687 | $116.7M | Reduce -5.3% |
| KO The Coca-Cola Co. | 0.82% | 1,388,368 | $112.8M | Reduce -2.6% |
| HUBB Hubbell Inc. | 0.81% | 211,855 | $110.8M | Add +136.6% |
| LNT Alliant Energy Corp. | 0.80% | 1,435,378 | $109.5M | Reduce -14.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.79% | 144,918 | $108.2M | Add +8.7% |
| CVX Chevron Corp. | 0.74% | 614,615 | $101.9M | Reduce -4.5% |
| IJR iShares Core S&P Small-Cap E | 0.70% | 643,757 | $95.5M | Add +18.8% |
| COR Cencora Inc. | 0.69% | 331,802 | $93.9M | Reduce -8.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.67% | 124,860 | $91.9M | Add +1.2% |
| IWM iShares Russell 2000 ETF | 0.67% | 303,252 | $91.1M | Reduce -2.3% |
| NDSN Nordson Corp. | 0.66% | 300,447 | $90.6M | Reduce -1.9% |
| ABT Abbott Laboratories | 0.65% | 986,617 | $89.5M | Reduce -3.5% |
| ITW Illinois Tool Works | 0.64% | 325,801 | $88.1M | Add +1.4% |
| COST Costco Wholesale Corp. | 0.64% | 93,865 | $87.8M | Add +11.2% |
| GOOG Alphabet Inc. Class C | 0.64% | 246,326 | $87.0M | Reduce -1.2% |
| SYK Stryker Corp. | 0.63% | 273,515 | $86.1M | Add +27.6% |
| MCD McDonald's Corp. | 0.62% | 311,452 | $84.2M | Add +0.4% |
| AGG iShares Core U.S. Aggregate | 0.60% | 829,533 | $82.1M | Add +3.7% |
| WMT Walmart Inc. | 0.59% | 712,086 | $80.7M | Reduce -0.6% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.58% | 1,575,261 | $79.8M | Add +0.1% |
| MRSH Marsh & McLennan Cos | 0.58% | 478,020 | $79.7M | Reduce -2.5% |
| JPM JPMorgan Chase & Co. | 0.57% | 238,916 | $78.2M | Add +2.1% |
| PEP Pepsico Inc. | 0.54% | 542,756 | $73.5M | Reduce -1.0% |
| UMBF Umb Financial Corp. | 0.52% | 500,732 | $71.5M | Add +3.7% |
| LOW Lowe's Cos Inc. | 0.51% | 315,396 | $69.5M | Add +1.2% |
| WTW Willis Towers Watson PLC | 0.47% | 246,960 | $64.5M | Reduce -14.3% |
| CL Colgate-Palmolive Co. | 0.46% | 685,685 | $62.9M | Add +6.7% |
| BKR Baker Hughes Co. | 0.45% | 1,117,812 | $62.0M | Add +14.0% |
| LH Labcorp Holdings Inc. | 0.45% | 218,731 | $61.2M | Add +9.6% |
| TSLA Tesla Inc. | 0.44% | 144,067 | $60.6M | Add +1.2% |
| IWF iShares Russell 1000 Growth | 0.44% | 480,326 | $59.6M | Add +3.7% |
| NOW ServiceNow Inc. | 0.43% | 594,066 | $59.0M | Add +250.1% |
| IWP iShares Russell Mid-Cap Grow | 0.43% | 401,192 | $58.7M | Reduce -0.5% |
| EFA iShares MSCI Eafe ETF | 0.43% | 563,443 | $58.5M | Add +2.6% |
| AVY Avery Dennison Corp. | 0.42% | 351,092 | $57.0M | Reduce -4.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 109,426 | $54.8M | Add +23.8% |
| IEX Idex Corp. | 0.39% | 236,473 | $53.7M | Reduce -3.0% |
| AXP American Express Co. | 0.39% | 157,560 | $53.3M | Reduce -1.5% |
| FHN First Horizon Corp. | 0.38% | 2,005,929 | $51.4M | Reduce -8.8% |
| CMG Chipotle Mexican Grill Inc. | 0.37% | 1,487,107 | $50.6M | Add +12.9% |
| IJH iShares Core S&P Midcap ETF | 0.37% | 650,722 | $50.2M | Add +2.4% |
| VGT Vanguard Info Tech ETF | 0.36% | 410,374 | $49.0M | Add +7.0% |
| VOO Vanguard S&P 500 ETF | 0.35% | 69,531 | $47.8M | Reduce -3.2% |
| HON Honeywell International Inc. | 0.34% | 206,082 | $46.1M | Reduce -0.7% |
| APO Apollo Global Management Inc. | 0.34% | 388,186 | $45.9M | Reduce -7.7% |
| HONA Honeywell Aerospace Inc. | 0.33% | 205,717 | $45.5M | Reduce -0.8% |
| VGIT Vanguard Intermediate-Term T | 0.32% | 748,612 | $44.2M | Add +3.0% |
| JNJ Johnson & Johnson | 0.32% | 170,334 | $43.3M | Reduce -2.1% |
| ACN Accenture PLC Class A | 0.30% | 334,069 | $41.6M | Reduce -5.2% |
| SCHA Schwab US Small-Cap ETF | 0.30% | 1,133,550 | $41.0M | Add +8.5% |
| LLY Eli Lilly & Co. | 0.29% | 33,088 | $39.7M | Reduce -5.5% |
| CSL Carlisle Cos Inc. | 0.29% | 109,359 | $39.7M | Reduce -14.5% |
| ABBV Abbvie Inc. | 0.29% | 155,264 | $39.1M | Reduce -1.9% |
| SCHG Schwab US Large-Cap Growth | 0.27% | 1,104,821 | $37.4M | Reduce -0.5% |
| MUB iShares National Muni Bond E | 0.26% | 336,267 | $36.2M | Add +0.4% |
| SCHF Schwab Intl Equity ETF | 0.26% | 1,301,699 | $36.1M | Add +7.9% |
| VGSH Vanguard Short-Term Treasury | 0.26% | 612,364 | $35.6M | Add +2.3% |
| AFG American Financial Group Inc. | 0.26% | 253,912 | $35.5M | Reduce -44.2% |
| SPGI S&P Global Inc. | 0.26% | 87,241 | $35.5M | Reduce -8.4% |
| HD Home Depot Inc. | 0.25% | 97,381 | $34.3M | Reduce -2.2% |
| VCIT Vanguard Int-Term Corporate | 0.24% | 399,996 | $33.1M | Add +2.9% |
| SHW The Sherwin-Williams Co. | 0.23% | 92,523 | $31.9M | Reduce -1.2% |
| META Meta Platforms Inc. Class A | 0.23% | 55,525 | $31.3M | Add +5.8% |
| GPC Genuine Parts Co. | 0.22% | 256,988 | $30.3M | Reduce -15.2% |
| USB US Bancorp | 0.22% | 501,656 | $30.3M | Reduce -4.8% |
| SCHM Schwab US Mid Cap ETF | 0.22% | 815,376 | $30.1M | Add +24.1% |
| GE General Electric filed as GE AEROSPACE | 0.21% | 78,379 | $29.3M | Add +2.1% |
| IWN iShares Russell 2000 Value E | 0.21% | 132,012 | $29.2M | Reduce -7.8% |
| NEE Nextera Energy Inc. | 0.21% | 327,751 | $28.8M | Reduce -4.0% |
| CTAS Cintas Corp. | 0.21% | 165,810 | $28.2M | Add +4.4% |
Options reported separately and not counted above: AXON puts ($2.2M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $730 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MLECW Moolec Science SA | *W EXP 01/30/202 | 50,000 | $730 | No change |
Total filed on the 13F, all lines: $13.7B.
Portfolio Sells Q1 2026 → Q2 2026
| HON Honeywell International Inc. | Reduce -0.7% | 0.34% | −0.42 |
| CVX Chevron Corp. | Reduce -4.5% | 0.74% | −0.33 |
| ACN Accenture PLC Class A | Reduce -5.2% | 0.30% | −0.26 |
| MDT Medtronic PLC | Reduce -56.9% | 0.14% | −0.26 |
| ZTS Zoetis Inc. | Reduce -41.3% | 0.12% | −0.26 |
| INTU Intuit Inc. | Reduce -26.1% | 0.16% | −0.24 |
| COR Cencora Inc. | Reduce -8.7% | 0.69% | −0.24 |
| WMB Williams Cos Inc. | Reduce -5.1% | 1.49% | −0.21 |
| AFG American Financial Group Inc. | Reduce -44.2% | 0.26% | −0.21 |
| WTW Willis Towers Watson PLC | Reduce -14.3% | 0.47% | −0.21 |
| ABT Abbott Laboratories | Reduce -3.5% | 0.65% | −0.19 |
| LNT Alliant Energy Corp. | Reduce -14.9% | 0.80% | −0.18 |
| TJX TJX Companies Inc. | Reduce -1.3% | 0.94% | −0.17 |
| NDAQ Nasdaq Inc. | Reduce -0.0% | 0.89% | −0.17 |
| PEP Pepsico Inc. | Reduce -1.0% | 0.54% | −0.15 |
| WMT Walmart Inc. | Reduce -0.6% | 0.59% | −0.13 |
| ROP Roper Technologies Inc. | Reduce -28.2% | 0.20% | −0.12 |
| DHR Danaher Corp. | Reduce -2.6% | 0.91% | −0.12 |
| MRSH Marsh & McLennan Cos | Reduce -2.5% | 0.58% | −0.11 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -5.3% | 0.85% | −0.10 |
| AVY Avery Dennison Corp. | Reduce -4.6% | 0.42% | −0.10 |
| AEP American Electric Power | Reduce -1.9% | 1.14% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -0.8% | 0.20% | −0.08 |
| AXS Axis Capital Holdings Ltd. | Reduce -3.3% | 0.88% | −0.07 |
| SPGI S&P Global Inc. | Reduce -8.4% | 0.26% | −0.07 |
| ADBE Adobe Inc. | Reduce -69.2% | 0.02% | −0.06 |
| NOC Northrop Grumman Corp. | Reduce -4.1% | 0.11% | −0.06 |
| CSL Carlisle Cos Inc. | Reduce -14.5% | 0.29% | −0.06 |
| KO The Coca-Cola Co. | Reduce -2.6% | 0.82% | −0.05 |
| NEE Nextera Energy Inc. | Reduce -4.0% | 0.21% | −0.05 |
| APO Apollo Global Management Inc. | Reduce -7.7% | 0.34% | −0.04 |
| HONA Honeywell Aerospace Inc. | Reduce -0.8% | 0.33% | −0.04 |
| GPC Genuine Parts Co. | Reduce -15.2% | 0.22% | −0.04 |
| DOV Dover Corp. | Reduce -19.5% | 0.12% | −0.03 |
| FHN First Horizon Corp. | Reduce -8.8% | 0.38% | −0.03 |
| JNJ Johnson & Johnson | Reduce -2.1% | 0.32% | −0.03 |
| ON On Semiconductor | Reduce -92.4% | 0.00% | −0.02 |
| ORCL Oracle Corp. | Reduce -2.6% | 0.14% | −0.02 |
| WKC World Kinect Corp. | Sold out | 0.00% | −0.02 |
| COP Conocophillips | Reduce -0.3% | 0.04% | −0.01 |
| ATO Atmos Energy Corp. | Reduce -57.1% | 0.01% | −0.01 |
| HD Home Depot Inc. | Reduce -2.2% | 0.25% | −0.01 |
| MUSA Murphy USA Inc. | Sold out | 0.00% | −0.01 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.01 |
| VGLT Vanguard Long-Term Treasury | Reduce -0.8% | 0.10% | −0.01 |
| CRM Salesforce Inc. | Reduce -14.3% | 0.02% | −0.01 |
| T AT&T Inc. | Reduce -7.5% | 0.02% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -6.3% | 0.03% | −0.01 |
| NKE Nike Inc. Class B | Reduce -17.1% | 0.01% | −0.01 |
| SHW The Sherwin-Williams Co. | Reduce -1.2% | 0.23% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| IVV iShares Core S&P 500 ETF | Add +3.5% | 8.06% | +0.55 |
| HUBB Hubbell Inc. | Add +136.6% | 0.81% | +0.45 |
| NVDA Nvidia Corp. | Add +45.6% | 0.95% | +0.32 |
| NOW ServiceNow Inc. | Add +250.1% | 0.43% | +0.29 |
| AVGO Broadcom Inc. | Add +14.1% | 1.11% | +0.23 |
| IWB iShares Russell 1000 ETF | Add +0.7% | 4.28% | +0.19 |
| IJR iShares Core S&P Small-Cap E | Add +18.8% | 0.70% | +0.15 |
| ADI Analog Devices Inc. | Add +1.1% | 1.17% | +0.14 |
| IWR iShares Russell Mid-Cap ETF | Add +3.2% | 2.42% | +0.13 |
| SCHX Schwab US Large-Cap ETF | Add +7.0% | 1.18% | +0.12 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.2% | 0.67% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +8.7% | 0.79% | +0.09 |
| VEA Vanguard Ftse Developed ETF | Add +7.4% | 1.22% | +0.09 |
| VGT Vanguard Info Tech ETF | Add +7.0% | 0.36% | +0.09 |
| QUAL iShares MSCI USA Quality Fac | Add +7.3% | 0.87% | +0.09 |
| UMBF Umb Financial Corp. | Add +3.7% | 0.52% | +0.08 |
| INTC Intel Corp. | Add +6.5% | 0.11% | +0.08 |
| VTWO Vanguard Russell 2000 ETF | Add +501.7% | 0.08% | +0.07 |
| VEU Vanguard Ftse All-World Ex-U | Add +3.1% | 1.76% | +0.07 |
| SMMD iShares Russell 2500 ETF | Add +539.6% | 0.07% | +0.06 |
| MU Micron Technology Inc. | Add +15.6% | 0.09% | +0.06 |
| SYK Stryker Corp. | Add +27.6% | 0.63% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +23.8% | 0.40% | +0.06 |
| SCHM Schwab US Mid Cap ETF | Add +24.1% | 0.22% | +0.06 |
| AMAT Applied Materials Inc. | Add +0.8% | 0.11% | +0.06 |
| SCHA Schwab US Small-Cap ETF | Add +8.5% | 0.30% | +0.05 |
| XLK SS Technology Select Sector | Add +8.6% | 0.16% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +49.4% | 0.12% | +0.04 |
| V Visa Inc. Class A | Add +1.2% | 1.13% | +0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Add +70.7% | 0.09% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +8.0% | 0.07% | +0.04 |
| GE General Electric | Add +2.1% | 0.21% | +0.04 |
| IWF iShares Russell 1000 Growth | Add +3.7% | 0.44% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +23.2% | 0.16% | +0.04 |
| LRCX Lam Research Corp. | Add +2.9% | 0.07% | +0.04 |
| CMG Chipotle Mexican Grill Inc. | Add +12.9% | 0.37% | +0.03 |
| AMD Advanced Micro Devices | Add +11.9% | 0.04% | +0.03 |
| FICO Fair Isaac Corp. | Add +24.3% | 0.11% | +0.02 |
| SCHF Schwab Intl Equity ETF | Add +7.9% | 0.26% | +0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +10.9% | 0.20% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +11.8% | 0.13% | +0.02 |
| IVW iShares S&P 500 Growth ETF | Add +1.9% | 0.20% | +0.02 |
| VMI Valmont Industries | New | 0.02% | +0.02 |
| BAI Ishrs AI in and Tech Act ETF | New | 0.02% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +2.4% | 0.37% | +0.02 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +317.6% | 0.02% | +0.02 |
| OGS One Gas Inc. | New | 0.02% | +0.02 |
| NBIX Neurocrine Biosciences Inc. | New | 0.02% | +0.02 |
| LH Labcorp Holdings Inc. | Add +9.6% | 0.45% | +0.02 |
| WHD Cactus Inc. Class A | New | 0.02% | +0.02 |
Options Activity Q1 2026 → Q2 2026
| AXON Axon Enterprise Inc. | put | New | 4,000 | $2.2M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2026 → Q2 2026
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | Sold out | 16,730 | $117before exit |
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 | 838 | $13.7B | IVV, IWB, AAPL, GOOGL, IWR |
| Q1 2026 | 808 | $12.4B | IVV, IWB, AAPL, GOOGL, PG |
| Q4 2025 | 788 | $12.2B | IVV, IWB, AAPL, MSFT, GOOGL |
| Q3 2025 | 817 | $11.9B | IVV, IWB, AAPL, MSFT, PG |
| Q2 2025 | 806 | $11.1B | IVV, IWB, MSFT, AAPL, PG |
| Q1 2025 | 796 | $10.4B | IVV, AAPL, IWB, PG, MSFT |
| Q4 2024 | 788 | $10.3B | IVV, AAPL, IWB, PG, MSFT |
| Q3 2024 | 807 | $10.2B | IVV, AAPL, IWB, PG, MSFT |
| Q2 2024 | 764 | $9.5B | IVV, AAPL, IWB, PG, MSFT |
| Q1 2024 | 761 | $9.2B | IVV, PG, IWB, AAPL, MSFT |