Johnson Investment Counsel Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 4, 2026), Johnson Investment Counsel Inc. reported 808 stock positions worth $12.4 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 7.5% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 4.1%) and Apple (AAPL, 3.8%). Compared with Q4 2025, it opened 112 new positions, sold out of 92, added to 252 and reduced 372. The biggest buy was a new position in Mortgage-Backed Securities (JMTG) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Cincinnati, OH
- CIK
- 0000821197
- Portfolio Value
- $12.4B (Q1 2026)
- SEC Filing
- 0002085853-26-000551 ↗ filed May 4, 2026
Holdings Value
Holdings 808 stocks · $12.4B
| IVV iShares Core S&P 500 ETF | 7.52% | 1,423,029 | $929.5M | Add +0.9% |
| IWB iShares Russell 1000 ETF | 4.09% | 1,419,562 | $506.2M | Add +1.2% |
| AAPL Apple Inc. | 3.76% | 1,834,364 | $465.5M | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 2.56% | 1,102,555 | $317.1M | Reduce -3.1% |
| PG The Procter & Gamble Co. | 2.56% | 2,192,299 | $316.7M | Reduce -5.3% |
| MSFT Microsoft Corp. | 2.55% | 852,480 | $315.6M | Add +2.9% |
| IWR iShares Russell Mid-Cap ETF | 2.29% | 2,907,847 | $282.7M | Add +3.2% |
| CINF Cincinnati Financial Corp. | 1.85% | 1,453,793 | $228.8M | Add +3.5% |
| ILOW AB Internal Low Volat Eq ETF filed as AB ACTIVE ETFS INC | 1.78% | 5,150,773 | $219.7M | Add +5.1% |
| WMB Williams Cos Inc. | 1.71% | 2,898,359 | $210.9M | Reduce -4.9% |
| VEU Vanguard Ftse All-World Ex-U | 1.70% | 2,791,551 | $209.6M | Add +2.5% |
| AMZN Amazon.com Inc. | 1.61% | 955,261 | $199.0M | Add +2.7% |
| NVT Nvent Electric PLC | 1.49% | 1,557,178 | $184.2M | Reduce -1.7% |
| AEP American Electric Power | 1.24% | 1,166,421 | $152.9M | Reduce -0.3% |
| MA Mastercard Inc. Class A | 1.17% | 290,453 | $145.1M | Add +3.1% |
| VEA Vanguard Ftse Developed ETF | 1.13% | 2,182,786 | $139.9M | Add +7.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.11% | 859,783 | $137.3M | Reduce -1.4% |
| V Visa Inc. Class A | 1.09% | 444,660 | $134.4M | Add +6.0% |
| CVX Chevron Corp. | 1.08% | 643,348 | $133.1M | Reduce -17.4% |
| SCHX Schwab US Large-Cap ETF | 1.06% | 5,134,222 | $131.6M | Add +1.1% |
| NDAQ Nasdaq Inc. | 1.06% | 1,540,306 | $130.8M | Reduce -1.0% |
| WM Waste Management Inc. | 1.05% | 565,892 | $130.0M | Add +1.2% |
| APH Amphenol Corp. Class A | 1.03% | 1,008,580 | $127.4M | Reduce -4.1% |
| DHR Danaher Corp. | 1.03% | 670,423 | $127.1M | Add +2.1% |
| ADI Analog Devices Inc. | 1.02% | 398,191 | $126.7M | Reduce -6.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.98% | 359,003 | $121.3M | Reduce -5.9% |
| LNT Alliant Energy Corp. | 0.98% | 1,686,020 | $121.0M | Reduce -14.8% |
| USMV iShares MSCI USA Min Vol Fac | 0.96% | 1,276,721 | $118.4M | Add +3.5% |
| AXS Axis Capital Holdings Ltd. | 0.95% | 1,160,623 | $117.7M | Reduce -1.0% |
| COR Cencora Inc. | 0.92% | 363,545 | $114.2M | Reduce -1.5% |
| AVGO Broadcom Inc. | 0.88% | 352,826 | $109.2M | Add +108.9% |
| KO The Coca-Cola Co. | 0.88% | 1,424,982 | $108.4M | Reduce -4.6% |
| ABT Abbott Laboratories | 0.85% | 1,022,743 | $105.0M | Add +3.7% |
| QUAL iShares MSCI USA Quality Fac | 0.78% | 502,976 | $96.5M | Add +2.9% |
| MCD McDonald's Corp. | 0.78% | 310,172 | $96.4M | Reduce -1.5% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.78% | 72,872 | $96.3M | Reduce -24.3% |
| HON Honeywell International Inc. | 0.76% | 414,894 | $93.8M | Reduce -0.9% |
| WMT Walmart Inc. | 0.72% | 716,135 | $89.0M | Reduce -2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.70% | 133,289 | $86.7M | Add +2.0% |
| PEP Pepsico Inc. | 0.69% | 548,387 | $85.2M | Add +0.3% |
| MRSH Marsh & McLennan Cos | 0.69% | 490,552 | $85.1M | Add +0.9% |
| COST Costco Wholesale Corp. | 0.68% | 84,445 | $84.1M | Reduce -0.1% |
| WTW Willis Towers Watson PLC | 0.68% | 288,056 | $83.7M | Add +1.3% |
| ITW Illinois Tool Works | 0.68% | 321,388 | $83.7M | Add +0.0% |
| NDSN Nordson Corp. | 0.66% | 306,287 | $81.5M | Reduce -8.2% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.65% | 1,573,528 | $80.2M | New |
| AGG iShares Core U.S. Aggregate | 0.64% | 800,123 | $79.4M | New |
| NVDA Nvidia Corp. | 0.63% | 446,373 | $77.8M | Add +3.8% |
| IWM iShares Russell 2000 ETF | 0.62% | 310,334 | $77.0M | Add +9.8% |
| LOW Lowe's Cos Inc. | 0.60% | 311,773 | $73.7M | Reduce -4.2% |
| GOOG Alphabet Inc. Class C | 0.58% | 249,272 | $71.5M | Reduce -2.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.58% | 123,384 | $71.2M | Add +3.5% |
| SYK Stryker Corp. | 0.57% | 214,278 | $70.4M | Add +1.7% |
| ACN Accenture PLC Class A | 0.56% | 352,265 | $69.9M | Reduce -2.8% |
| JPM JPMorgan Chase & Co. | 0.56% | 234,006 | $68.8M | Add +2.8% |
| IJR iShares Core S&P Small-Cap E | 0.54% | 541,795 | $67.4M | Add +9.5% |
| AVY Avery Dennison Corp. | 0.51% | 368,045 | $63.6M | Add +1.8% |
| BKR Baker Hughes Co. | 0.48% | 980,304 | $59.8M | Reduce -0.8% |
| AFG American Financial Group Inc. | 0.47% | 454,723 | $58.1M | Reduce -5.0% |
| CL Colgate-Palmolive Co. | 0.44% | 642,952 | $54.8M | Add +10.7% |
| UMBF Umb Financial Corp. | 0.44% | 482,949 | $54.5M | Add +33.4% |
| EFA iShares MSCI Eafe ETF | 0.43% | 548,940 | $53.3M | Add +1.2% |
| LH Labcorp Holdings Inc. | 0.43% | 199,554 | $53.2M | Add +19618.8% |
| TSLA Tesla Inc. | 0.43% | 142,379 | $52.9M | Add +0.4% |
| IWP iShares Russell Mid-Cap Grow | 0.42% | 403,230 | $51.7M | Reduce -0.0% |
| FHN First Horizon Corp. | 0.41% | 2,200,797 | $50.1M | Reduce -9.2% |
| INTU Intuit Inc. | 0.40% | 115,376 | $49.9M | Reduce -0.5% |
| MDT Medtronic PLC | 0.40% | 574,406 | $49.8M | Reduce -0.5% |
| IWF iShares Russell 1000 Growth | 0.40% | 115,760 | $49.4M | Reduce -0.4% |
| AXP American Express Co. | 0.39% | 159,912 | $48.4M | Reduce -0.2% |
| ZTS Zoetis Inc. | 0.38% | 401,360 | $47.4M | Reduce -6.4% |
| APO Apollo Global Management Inc. | 0.38% | 420,594 | $46.9M | Reduce -5.3% |
| IEX Idex Corp. | 0.37% | 243,717 | $46.2M | Add +1.1% |
| HUBB Hubbell Inc. | 0.36% | 89,555 | $43.9M | Reduce -1.9% |
| VGIT Vanguard Intermediate-Term T | 0.35% | 726,752 | $43.3M | New |
| VOO Vanguard S&P 500 ETF | 0.35% | 71,835 | $42.9M | Reduce -1.8% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 635,619 | $42.9M | Add +1.6% |
| CSL Carlisle Cos Inc. | 0.35% | 127,933 | $42.7M | Reduce -2.0% |
| JNJ Johnson & Johnson | 0.34% | 173,913 | $42.5M | Reduce -6.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.34% | 88,370 | $42.3M | Reduce -3.5% |
| CMG Chipotle Mexican Grill Inc. | 0.34% | 1,316,722 | $42.1M | Add +15.1% |
| SPGI S&P Global Inc. | 0.33% | 95,280 | $40.5M | Reduce -4.1% |
| ROP Roper Technologies Inc. | 0.32% | 113,496 | $40.2M | Reduce -25.6% |
| MUB iShares National Muni Bond E | 0.29% | 334,925 | $35.6M | New |
| VGSH Vanguard Short-Term Treasury | 0.28% | 598,351 | $35.0M | New |
| XOM Exxon Mobil Corp. | 0.28% | 205,402 | $34.8M | Reduce -4.4% |
| ABBV Abbvie Inc. | 0.28% | 158,210 | $34.4M | Add +0.7% |
| VGT Vanguard Info Tech ETF | 0.27% | 47,963 | $33.5M | Add +2.3% |
| HD Home Depot Inc. | 0.26% | 99,544 | $32.7M | Reduce -2.8% |
| SCHG Schwab US Large-Cap Growth | 0.26% | 1,110,191 | $32.3M | Reduce -3.1% |
| LLY Eli Lilly & Co. | 0.26% | 35,015 | $32.2M | Reduce -1.3% |
| VCIT Vanguard Int-Term Corporate | 0.26% | 388,589 | $32.2M | New |
| GPC Genuine Parts Co. | 0.26% | 303,063 | $32.0M | Add +3.1% |
| NEE Nextera Energy Inc. | 0.26% | 341,568 | $31.7M | Reduce -2.3% |
| SCHA Schwab US Small-Cap ETF | 0.25% | 1,045,004 | $30.4M | Add +37.2% |
| META Meta Platforms Inc. Class A | 0.24% | 52,489 | $30.0M | Add +2.3% |
| SHW The Sherwin-Williams Co. | 0.24% | 93,674 | $30.0M | Add +7.1% |
| SCHF Schwab Intl Equity ETF | 0.24% | 1,206,817 | $29.9M | Add +3.5% |
| USB US Bancorp | 0.22% | 526,955 | $27.4M | Add +2.4% |
| IWN iShares Russell 2000 Value E | 0.22% | 143,250 | $27.2M | Reduce -7.9% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MLECW Moolec Science SA | *W EXP 01/30/202 | 50,000 | $1K | No change |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | 16,730 | $117 | Add +6.4% |
Total filed on the 13F, all lines: $12.4B.
Portfolio Sells Q4 2025 → Q1 2026
| AAPL Apple Inc. | Reduce -1.4% | 3.76% | −0.37 |
| GOOGL Alphabet Inc. Class A | Reduce -3.1% | 2.56% | −0.35 |
| ROP Roper Technologies Inc. | Reduce -25.6% | 0.32% | −0.23 |
| ACN Accenture PLC Class A | Reduce -2.8% | 0.56% | −0.23 |
| INTU Intuit Inc. | Reduce -0.5% | 0.40% | −0.22 |
| ADBE Adobe Inc. | Reduce -59.6% | 0.08% | −0.20 |
| NDAQ Nasdaq Inc. | Reduce -1.0% | 1.06% | −0.18 |
| PG The Procter & Gamble Co. | Reduce -5.3% | 2.56% | −0.15 |
| APO Apollo Global Management Inc. | Reduce -5.3% | 0.38% | −0.15 |
| APH Amphenol Corp. Class A | Reduce -4.1% | 1.03% | −0.13 |
| SPGI S&P Global Inc. | Reduce -4.1% | 0.33% | −0.10 |
| COR Cencora Inc. | Reduce -1.5% | 0.92% | −0.10 |
| AXP American Express Co. | Reduce -0.2% | 0.39% | −0.09 |
| GOOG Alphabet Inc. Class C | Reduce -2.1% | 0.58% | −0.07 |
| AXS Axis Capital Holdings Ltd. | Reduce -1.0% | 0.95% | −0.07 |
| LNT Alliant Energy Corp. | Reduce -14.8% | 0.98% | −0.07 |
| FHN First Horizon Corp. | Reduce -9.2% | 0.41% | −0.07 |
| AFG American Financial Group Inc. | Reduce -5.0% | 0.47% | −0.07 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -24.3% | 0.78% | −0.06 |
| ORCL Oracle Corp. | Reduce -1.5% | 0.16% | −0.06 |
| ZTS Zoetis Inc. | Reduce -6.4% | 0.38% | −0.06 |
| ADP Automatic Data Processing | Reduce -6.6% | 0.15% | −0.05 |
| LLY Eli Lilly & Co. | Reduce -1.3% | 0.26% | −0.05 |
| MDT Medtronic PLC | Reduce -0.5% | 0.40% | −0.05 |
| IWF iShares Russell 1000 Growth | Reduce -0.4% | 0.40% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -4.2% | 0.60% | −0.05 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.1% | 0.26% | −0.04 |
| EG Everest Group Ltd. | Reduce -59.6% | 0.02% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.5% | 0.34% | −0.03 |
| IWP iShares Russell Mid-Cap Grow | Reduce -0.0% | 0.42% | −0.03 |
| IYW iShares Ustechnology ETF | Reduce -14.9% | 0.09% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -1.8% | 0.35% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -14.0% | 0.06% | −0.03 |
| BKNG Booking Holdings Inc. | Reduce -10.2% | 0.06% | −0.02 |
| HD Home Depot Inc. | Reduce -2.8% | 0.26% | −0.02 |
| WBS Webster Financial Corp. | Sold out | 0.00% | −0.02 |
| CRM Salesforce Inc. | Reduce -6.0% | 0.03% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.8% | 0.18% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -8.1% | 0.03% | −0.02 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −0.01 |
| DIS The Walt Disney Co. | Reduce -10.9% | 0.04% | −0.01 |
| DOX Amdocs Ltd. | Sold out | 0.00% | −0.01 |
| CPRT Copart Inc. | Reduce -72.7% | 0.00% | −0.01 |
| CNQ Canadian Natural Resources | Reduce -91.1% | 0.00% | −0.01 |
| PGR Progressive Corp. | Reduce -7.1% | 0.05% | −0.01 |
| AON Aon PLC Class A | Reduce -13.7% | 0.04% | −0.01 |
| DFAS Dimensional US Small Cap ETF | Sold out | 0.00% | −0.01 |
| IWN iShares Russell 2000 Value E | Reduce -7.9% | 0.22% | −0.01 |
| MMS Maximus Inc. | Reduce -29.5% | 0.01% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -6.9% | 0.13% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| JMTG Mortgage-Backed Securities | New | 0.65% | +0.65 |
| AGG iShares Core U.S. Aggregate | New | 0.64% | +0.64 |
| LH Labcorp Holdings Inc. | Add +19618.8% | 0.43% | +0.43 |
| AVGO Broadcom Inc. | Add +108.9% | 0.88% | +0.41 |
| VGIT Vanguard Intermediate-Term T | New | 0.35% | +0.35 |
| MUB iShares National Muni Bond E | New | 0.29% | +0.29 |
| VGSH Vanguard Short-Term Treasury | New | 0.28% | +0.28 |
| VCIT Vanguard Int-Term Corporate | New | 0.26% | +0.26 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.19% | +0.19 |
| PHYS Sprott Physical Gold Trust | New | 0.13% | +0.13 |
| VGLT Vanguard Long-Term Treasury | New | 0.11% | +0.11 |
| UMBF Umb Financial Corp. | Add +33.4% | 0.44% | +0.10 |
| VEA Vanguard Ftse Developed ETF | Add +7.8% | 1.13% | +0.10 |
| NOW ServiceNow Inc. | Add +307.3% | 0.14% | +0.09 |
| GLD SPDR Gold Shares | New | 0.08% | +0.08 |
| FICO Fair Isaac Corp. | Add +820.1% | 0.09% | +0.07 |
| ILOW AB Internal Low Volat Eq ETF | Add +5.1% | 1.78% | +0.07 |
| IWR iShares Russell Mid-Cap ETF | Add +3.2% | 2.29% | +0.07 |
| SCHA Schwab US Small-Cap ETF | Add +37.2% | 0.25% | +0.07 |
| CL Colgate-Palmolive Co. | Add +10.7% | 0.44% | +0.07 |
| IJR iShares Core S&P Small-Cap E | Add +9.5% | 0.54% | +0.06 |
| VEU Vanguard Ftse All-World Ex-U | Add +2.5% | 1.70% | +0.06 |
| IWM iShares Russell 2000 ETF | Add +9.8% | 0.62% | +0.05 |
| PEP Pepsico Inc. | Add +0.3% | 0.69% | +0.05 |
| BND Vanguard Total Bond Market | New | 0.05% | +0.05 |
| WM Waste Management Inc. | Add +1.2% | 1.05% | +0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.04% | +0.04 |
| RSP Invesco S&P 500 Equal Weight | Add +31.4% | 0.15% | +0.03 |
| PSLV Sprott Physical Silver Trust | New | 0.03% | +0.03 |
| ITW Illinois Tool Works | Add +0.0% | 0.68% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | New | 0.03% | +0.03 |
| GVI iShares Intermediate Governm | New | 0.03% | +0.03 |
| ODFL Old Dominion Freight Line | Add +123.6% | 0.04% | +0.02 |
| IAU iShares Gold Trust | New | 0.02% | +0.02 |
| IEX Idex Corp. | Add +1.1% | 0.37% | +0.02 |
| CEF Sprott Physical Gold and Sil | New | 0.02% | +0.02 |
| MINT PIMCO Enhanced Short Maturit | New | 0.02% | +0.02 |
| GDX Vaneck Gold Miners ETF | Add +8.2% | 0.16% | +0.02 |
| HALO Halozyme Therapeutics Inc. | New | 0.02% | +0.02 |
| BIV Vanguard Intermediate-Term B | New | 0.02% | +0.02 |
| MSI Motorola Solutions Inc. | Add +0.3% | 0.17% | +0.02 |
| PJT PJT Partners Inc. Class A | New | 0.02% | +0.02 |
| SLV iShares Silver Trust | New | 0.02% | +0.02 |
| GPI Group 1 Automotive Inc. | New | 0.02% | +0.02 |
| LRCX Lam Research Corp. | Add +41.3% | 0.04% | +0.02 |
| SARO Standardaero Inc. | New | 0.02% | +0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +7.9% | 0.18% | +0.02 |
| VNQ Vanguard Real Estate ETF | New | 0.02% | +0.02 |
| GEV GE Vernova Inc. | Add +2.7% | 0.06% | +0.01 |
| PDBC Invesco Optimum Yield Divers | New | 0.01% | +0.01 |
Options Activity Q4 2025 → Q1 2026
| AXON Axon Enterprise Inc. | put | Sold out | 4,000 | $2.3Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | Add +6.4% | 16,730 | $117 |
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 |