Johnson Investment Counsel Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Johnson Investment Counsel Inc. reported 764 stock positions worth $9.5 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 7.6% of the portfolio, followed by Apple (AAPL, 4.3%) and iShares Russell 1000 ETF (IWB, 4.0%). Compared with Q1 2024, it opened 32 new positions, sold out of 31, added to 254 and reduced 303. The biggest buy was a new position in Abbott Laboratories (ABT) and the biggest sale an exit from Abbvie (ABBV).
- Most Recent 13F
- Q2 2026
- Location
- Cincinnati, OH
- CIK
- 0000821197
- Portfolio Value
- $9.5B (Q2 2024)
- SEC Filing
- 0001104659-24-086995 ↗ filed Aug 8, 2024
Holdings Value
Holdings 764 stocks · $9.5B
| IVV iShares Core S&P 500 ETF | 7.62% | 1,321,468 | $723.1M | Add +2.8% |
| AAPL Apple Inc. | 4.30% | 1,939,890 | $408.6M | Reduce -1.2% |
| IWB iShares Russell 1000 ETF | 4.01% | 1,279,068 | $380.6M | Add +2.3% |
| PG The Procter & Gamble Co. | 3.91% | 2,249,716 | $371.0M | Reduce -1.0% |
| MSFT Microsoft Corp. | 3.51% | 746,423 | $333.6M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 2.40% | 1,253,150 | $228.3M | Reduce -9.8% |
| IWR iShares Russell Mid-Cap ETF | 2.01% | 2,358,594 | $191.2M | Add +6.2% |
| CINF Cincinnati Financial Corp. | 1.65% | 1,329,400 | $157.0M | Reduce -0.4% |
| WMB Williams Cos Inc. | 1.49% | 3,330,203 | $141.5M | Reduce -0.2% |
| DHR Danaher Corp. | 1.47% | 559,862 | $139.9M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 1.44% | 268,033 | $136.5M | Add +0.5% |
| MA Mastercard Inc. Class A | 1.40% | 301,659 | $133.1M | Reduce -1.2% |
| NDAQ Nasdaq Inc. | 1.30% | 2,043,641 | $123.1M | Reduce -0.2% |
| WM Waste Management Inc. | 1.24% | 551,538 | $117.7M | Reduce -1.3% |
| CVX Chevron Corp. | 1.23% | 749,179 | $117.2M | Add +1.1% |
| AMZN Amazon.com Inc. | 1.21% | 592,364 | $114.5M | Add +62.1% |
| COR Cencora Inc. | 1.19% | 500,555 | $112.8M | Reduce -1.1% |
| ABT Abbott Laboratories | 1.09% | 998,953 | $103.8M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.09% | 942,038 | $103.7M | Reduce -0.6% |
| V Visa Inc. Class A | 1.08% | 390,723 | $102.6M | Reduce -1.1% |
| ACN Accenture PLC Class A | 1.06% | 331,984 | $100.7M | Add +0.9% |
| AXS Axis Capital Holdings Ltd. | 1.05% | 1,413,374 | $99.9M | Reduce -1.6% |
| MRSH Marsh & McLennan Cos | 1.05% | 471,754 | $99.4M | Reduce -0.8% |
| ADI Analog Devices Inc. | 1.04% | 432,231 | $98.7M | Reduce -1.0% |
| KO The Coca-Cola Co. | 0.99% | 1,483,414 | $94.4M | Reduce -0.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.99% | 1,608,103 | $94.3M | Add +3.2% |
| AEP American Electric Power | 0.97% | 1,053,966 | $92.5M | Add +0.5% |
| ZTS Zoetis Inc. | 0.97% | 529,649 | $91.8M | Reduce -0.7% |
| APH Amphenol Corp. Class A | 0.94% | 1,328,030 | $89.5M | Reduce -23.4% |
| LNT Alliant Energy Corp. | 0.94% | 1,756,533 | $89.4M | Add +1.7% |
| WMT Walmart Inc. | 0.93% | 1,296,872 | $87.8M | Reduce -9.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.92% | 1,044,279 | $87.7M | Reduce -0.7% |
| HON Honeywell International Inc. | 0.90% | 399,527 | $85.3M | Reduce -0.5% |
| SCHX Schwab US Large-Cap ETF | 0.90% | 1,322,491 | $85.0M | Add +11.7% |
| ROP Roper Technologies Inc. | 0.89% | 150,198 | $84.7M | Add +2.6% |
| MCD McDonald's Corp. | 0.85% | 316,654 | $80.7M | Add +2.2% |
| ADBE Adobe Inc. | 0.84% | 144,261 | $80.1M | Add +12.0% |
| SPGI S&P Global Inc. | 0.83% | 177,289 | $79.1M | Reduce -3.5% |
| QUAL iShares MSCI USA Quality Fac | 0.82% | 454,117 | $77.5M | Add +1.3% |
| COST Costco Wholesale Corp. | 0.80% | 89,194 | $75.8M | Reduce -1.7% |
| NVT Nvent Electric PLC | 0.77% | 958,456 | $73.4M | Reduce -2.9% |
| WTW Willis Towers Watson PLC | 0.76% | 276,809 | $72.6M | Reduce -0.6% |
| NDSN Nordson Corp. | 0.75% | 307,686 | $71.4M | Add +7.5% |
| AFG American Financial Group Inc. | 0.75% | 576,174 | $70.9M | Add +0.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.71% | 389,951 | $67.8M | Add +1.3% |
| LOW Lowe's Cos Inc. | 0.70% | 303,165 | $66.8M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.70% | 122,740 | $66.8M | Add +1.7% |
| PEP Pepsico Inc. | 0.70% | 404,571 | $66.7M | Reduce -0.1% |
| ITW Illinois Tool Works | 0.70% | 279,567 | $66.2M | Add +2.0% |
| EG Everest Group Ltd. | 0.68% | 169,134 | $64.4M | Add +6.0% |
| ZBH Zimmer Biomet Holdings Inc. | 0.64% | 557,939 | $60.6M | Reduce -0.4% |
| CSL Carlisle Cos Inc. | 0.62% | 146,327 | $59.3M | Reduce -1.2% |
| VEA Vanguard Ftse Developed ETF | 0.62% | 1,192,914 | $59.0M | Add +4.4% |
| AMT American Tower Corp. | 0.60% | 292,277 | $56.8M | Reduce -6.8% |
| INTU Intuit Inc. | 0.59% | 85,035 | $55.9M | Reduce -5.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.56% | 51,879 | $53.1M | Reduce -3.7% |
| CMCSA Comcast Corp. Class A | 0.54% | 1,318,323 | $51.6M | Reduce -6.5% |
| MDT Medtronic PLC | 0.53% | 638,462 | $50.3M | Reduce -1.6% |
| GOOG Alphabet Inc. Class C | 0.50% | 260,165 | $47.7M | Reduce -2.8% |
| HSY The Hershey Co. | 0.50% | 255,873 | $47.0M | Add +26.1% |
| NOC Northrop Grumman Corp. | 0.49% | 107,285 | $46.8M | Reduce -5.7% |
| JPM JPMorgan Chase & Co. | 0.48% | 226,771 | $45.9M | Reduce -0.5% |
| IWP iShares Russell Mid-Cap Grow | 0.48% | 415,178 | $45.8M | Reduce -2.8% |
| IWM iShares Russell 2000 ETF | 0.45% | 208,918 | $42.4M | Add +2.1% |
| AXP American Express Co. | 0.43% | 175,693 | $40.7M | Reduce -0.8% |
| NVDA Nvidia Corp. | 0.43% | 327,564 | $40.5M | Add +16.3% |
| GPC Genuine Parts Co. | 0.42% | 286,469 | $39.6M | Add +0.1% |
| SYK Stryker Corp. | 0.41% | 114,329 | $38.9M | Add +1065.9% |
| HD Home Depot Inc. | 0.40% | 111,299 | $38.3M | Reduce -0.6% |
| HUBB Hubbell Inc. | 0.40% | 103,426 | $37.8M | Reduce -4.9% |
| EFA iShares MSCI Eafe ETF | 0.39% | 477,345 | $37.4M | Add +0.8% |
| IWF iShares Russell 1000 Growth | 0.39% | 101,682 | $37.1M | Add +3.1% |
| IJH iShares Core S&P Midcap ETF | 0.37% | 606,558 | $35.5M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 86,968 | $35.4M | Reduce -0.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.37% | 73,819 | $35.4M | Add +23.7% |
| IJR iShares Core S&P Small-Cap E | 0.34% | 306,857 | $32.7M | Add +5.4% |
| LLY Eli Lilly & Co. | 0.32% | 33,847 | $30.6M | Reduce -2.6% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.31% | 280,220 | $29.8M | Add +5.2% |
| NEE Nextera Energy Inc. | 0.31% | 420,259 | $29.8M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.30% | 196,028 | $28.7M | Reduce -1.8% |
| TSLA Tesla Inc. | 0.29% | 140,000 | $27.7M | Add +0.1% |
| USB US Bancorp | 0.28% | 661,117 | $26.2M | Reduce -4.0% |
| ADP Automatic Data Processing | 0.26% | 104,619 | $25.0M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.26% | 212,417 | $24.5M | Add +1.0% |
| IWN iShares Russell 2000 Value E | 0.23% | 146,305 | $22.3M | Add +2.3% |
| AVGO Broadcom Inc. | 0.23% | 13,611 | $21.9M | Reduce -0.5% |
| ORCL Oracle Corp. | 0.22% | 148,735 | $21.0M | Reduce -2.5% |
| CTAS Cintas Corp. | 0.21% | 28,517 | $20.0M | Reduce -0.2% |
| MDY State Street SPDR S&P Midcap | 0.21% | 36,794 | $19.7M | Reduce -0.4% |
| IWV iShares Russell 3000 ETF | 0.20% | 62,017 | $19.1M | Add +0.2% |
| DOV Dover Corp. | 0.19% | 102,154 | $18.4M | Reduce -3.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 66,740 | $17.9M | Add +2.9% |
| SCHF Schwab Intl Equity ETF | 0.19% | 462,003 | $17.8M | Add +12.8% |
| VOO Vanguard S&P 500 ETF | 0.17% | 32,359 | $16.2M | Add +2.5% |
| SCHG Schwab US Large-Cap Growth | 0.17% | 156,011 | $15.7M | Add +26.3% |
| VGT Vanguard Info Tech ETF | 0.16% | 26,103 | $15.1M | Add +0.7% |
| MSI Motorola Solutions Inc. | 0.15% | 38,059 | $14.7M | Reduce -0.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.15% | 77,663 | $14.2M | Add +4.5% |
| SCHA Schwab US Small-Cap ETF | 0.15% | 295,907 | $14.0M | Add +2.9% |
| SCHM Schwab US Mid Cap ETF | 0.15% | 178,279 | $13.9M | Add +6.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $3K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MLECW Moolec Science SA | *W EXP 12/30/202 | 50,000 | $3K | No change |
Total filed on the 13F, all lines: $9.5B.
Portfolio Sells Q1 2024 → Q2 2024
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.30 |
| MA Mastercard Inc. Class A | Reduce -1.2% | 1.40% | −0.20 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -0.4% | 0.64% | −0.17 |
| COR Cencora Inc. | Reduce -1.1% | 1.19% | −0.15 |
| CINF Cincinnati Financial Corp. | Reduce -0.4% | 1.65% | −0.15 |
| APH Amphenol Corp. Class A | Reduce -23.4% | 0.94% | −0.14 |
| LOW Lowe's Cos Inc. | Reduce -0.1% | 0.70% | −0.14 |
| LECO Lincoln Electric Holdings | Reduce -52.2% | 0.06% | −0.12 |
| CMCSA Comcast Corp. Class A | Reduce -6.5% | 0.54% | −0.12 |
| V Visa Inc. Class A | Reduce -1.1% | 1.08% | −0.12 |
| NDAQ Nasdaq Inc. | Reduce -0.2% | 1.30% | −0.11 |
| NOC Northrop Grumman Corp. | Reduce -5.7% | 0.49% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -1.0% | 3.91% | −0.10 |
| HUBB Hubbell Inc. | Reduce -4.9% | 0.40% | −0.09 |
| MDT Medtronic PLC | Reduce -1.6% | 0.53% | −0.09 |
| AMT American Tower Corp. | Reduce -6.8% | 0.60% | −0.07 |
| WTW Willis Towers Watson PLC | Reduce -0.6% | 0.76% | −0.07 |
| PEP Pepsico Inc. | Reduce -0.1% | 0.70% | −0.07 |
| HD Home Depot Inc. | Reduce -0.6% | 0.40% | −0.06 |
| USB US Bancorp | Reduce -4.0% | 0.28% | −0.06 |
| WM Waste Management Inc. | Reduce -1.3% | 1.24% | −0.05 |
| DHR Danaher Corp. | Reduce -0.3% | 1.47% | −0.05 |
| FITB Fifth Third Bancorp | Reduce -46.5% | 0.05% | −0.05 |
| IWP iShares Russell Mid-Cap Grow | Reduce -2.8% | 0.48% | −0.05 |
| NKE Nike Inc. Class B | Reduce -8.4% | 0.12% | −0.05 |
| INTU Intuit Inc. | Reduce -5.0% | 0.59% | −0.04 |
| JNJ Johnson & Johnson | Reduce -1.8% | 0.30% | −0.04 |
| NVT Nvent Electric PLC | Reduce -2.9% | 0.77% | −0.04 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.7% | 0.92% | −0.03 |
| POOL Pool Corp. | Reduce -0.0% | 0.08% | −0.03 |
| SHW The Sherwin-Williams Co. | Reduce -2.0% | 0.13% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 0.37% | −0.03 |
| PCAR Paccar Inc. | Reduce -2.2% | 0.09% | −0.02 |
| RS Reliance Inc. | Reduce -21.2% | 0.04% | −0.02 |
| ADP Automatic Data Processing | Reduce -0.7% | 0.26% | −0.02 |
| DIS The Walt Disney Co. | Reduce -6.4% | 0.06% | −0.02 |
| PPG PPG Industries Inc. | Reduce -5.3% | 0.09% | −0.02 |
| INTC Intel Corp. | Reduce -1.1% | 0.04% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -0.8% | 1.05% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.02 |
| NSC Norfolk Southern Corp. | Reduce -0.9% | 0.07% | −0.02 |
| UBS AG LONDON BRANCH | Sold out | 0.00% | −0.02 |
| SPGI S&P Global Inc. | Reduce -3.5% | 0.83% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -0.4% | 0.21% | −0.02 |
| CRM Salesforce Inc. | Reduce -2.0% | 0.07% | −0.02 |
| SBUX Starbucks Corp. | Reduce -5.3% | 0.05% | −0.01 |
| CVS CVS Health Corp. | Reduce -4.6% | 0.03% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 0.13% | −0.01 |
| ZTS Zoetis Inc. | Reduce -0.7% | 0.97% | −0.01 |
| IDU iShares US Utilities ETF | Reduce -86.1% | 0.00% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| ABT Abbott Laboratories | New | 1.09% | +1.09 |
| AMZN Amazon.com Inc. | Add +62.1% | 1.21% | +0.49 |
| SYK Stryker Corp. | Add +1065.9% | 0.41% | +0.37 |
| IVV iShares Core S&P 500 ETF | Add +2.8% | 7.62% | +0.27 |
| NVDA Nvidia Corp. | Add +16.3% | 0.43% | +0.15 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.3% | 0.71% | +0.14 |
| ADBE Adobe Inc. | Add +12.0% | 0.84% | +0.14 |
| MSFT Microsoft Corp. | Add +0.1% | 3.51% | +0.10 |
| SCHX Schwab US Large-Cap ETF | Add +11.7% | 0.90% | +0.10 |
| IWB iShares Russell 1000 ETF | Add +2.3% | 4.01% | +0.09 |
| QQQ Invesco QQQ Trust Series 1 | Add +23.7% | 0.37% | +0.08 |
| HSY The Hershey Co. | Add +26.1% | 0.50% | +0.07 |
| SCHG Schwab US Large-Cap Growth | Add +26.3% | 0.17% | +0.04 |
| IWF iShares Russell 1000 Growth | Add +3.1% | 0.39% | +0.03 |
| TSLA Tesla Inc. | Add +0.1% | 0.29% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +25.0% | 0.08% | +0.02 |
| LYTS Lsi Industries Inc. | New | 0.02% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.7% | 0.70% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | Add +1.3% | 0.82% | +0.02 |
| QCOM Qualcomm Inc. | Add +5.6% | 0.09% | +0.01 |
| HES Hess Corp. | Add +95.2% | 0.03% | +0.01 |
| DV Doubleverify Holdings Inc. | New | 0.01% | +0.01 |
| TYL Tyler Technologies Inc. | Add +1.7% | 0.10% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +12.8% | 0.19% | +0.01 |
| LRCX Lam Research Corp. | Add +73.6% | 0.03% | +0.01 |
| GDX Vaneck Gold Miners ETF | Add +95.2% | 0.02% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +0.7% | 0.16% | +0.01 |
| VONG Vanguard Russell 1000 Growth | Add +65.3% | 0.02% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +0.1% | 0.12% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +1.2% | 0.13% | +0.01 |
| ELV Elevance Health Inc. | Add +25.8% | 0.04% | +0.01 |
| LFUS Littelfuse Inc. | Add +32.3% | 0.03% | +0.01 |
| XSMO Invesco S&P Smallcap Momentu | Add +103.2% | 0.01% | +0.01 |
| IXN iShares Global Tech ETF | Add +0.6% | 0.09% | +0.01 |
| SNPS Synopsys Inc. | New | 0.01% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +9.6% | 0.08% | +0.01 |
| SMCI Super Micro Computer Inc. | New | 0.01% | +0.01 |
| DT Dynatrace Inc. | Add +22.0% | 0.05% | +0.01 |
| FUL H.B. Fuller Co. | Add +28.9% | 0.03% | +0.01 |
| JLL Jones Lang Lasalle Inc. | Add +23.0% | 0.03% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +2.5% | 0.17% | +0.01 |
| OMC Omnicom Group | New | 0.01% | +0.01 |
| G Genpact Ltd. | Add +39.2% | 0.02% | +0.01 |
| DGX Quest Diagnostics Inc. | Add +38.3% | 0.02% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.9% | 0.19% | +0.00 |
| AMAT Applied Materials Inc. | Add +1.3% | 0.04% | +0.00 |
| IFF Intl Flavors & Fragrances | New | 0.00% | +0.00 |
| PM Philip Morris International | Add +1.0% | 0.06% | +0.00 |
| GLOB Globant SA | Add +36.5% | 0.03% | +0.00 |
| XLG Invesco S&P 500 Top 50 ETF | Add +0.2% | 0.08% | +0.00 |
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 |