1y return+14.6%S&P 500 +20.9%
3y return+46.2%S&P 500 +68.5%
5y return+50.7%S&P 500 +74.5%
10y return+196.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $296 against $357 in the S&P 500.2
Johnson Investment Counsel IncS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| IVVIshares Tr | $1.1B | 8.1% | +3.5% |
| IWBIshares Tr | $585.3M | 4.3% | |
| AAPLApple Inc | $515.7M | 3.8% | −2.8% |
| GOOGLAlphabet Inc | $386.6M | 2.8% | −1.9% |
| IWRIshares Tr | $331.2M | 2.4% | +3.2% |
| PGProcter & Gamble Co | $326.4M | 2.4% | +1.5% |
| MSFTMicrosoft Corp | $325.1M | 2.4% | +2.2% |
| CINFCincinnati Finl Corp | $262.5M | 1.9% | −2.5% |
| Nvent Elec PLCCUSIP G6700G107 | $246.6M | 1.8% | −6.6% |
| VEUVanguard Intl Equity Index F | $241.0M | 1.8% | +3.1% |
| ILOWAb Active Etfs Inc | $240.8M | 1.8% | +2.8% |
| AMZNAmazon Com Inc | $219.6M | 1.6% | −3.6% |
| WMBWilliams Cos Inc | $204.5M | 1.5% | −5.1% |
| APHAmphenol Corp | $175.4M | 1.3% | −1.4% |
| VEAVanguard Tax-managed Fds | $167.1M | 1.2% | +7.4% |
| TSMTaiwan Semiconductor Manufac | $165.8M | 1.2% | −3.3% |
| SCHXSchwab Strategic Tr | $161.6M | 1.2% | +7.0% |
| ADIAnalog Devices Inc | $160.0M | 1.2% | +1.1% |
| AEPAmerican Elec Pwr Co Inc | $156.6M | 1.1% | −1.9% |
| VVisa Inc | $154.4M | 1.1% | +1.2% |
| AVGOBroadcom Inc | $152.1M | 1.1% | +14.1% |
| MAMastercard Incorporated | $150.7M | 1.1% | |
| Asml Hldg NvCUSIP N07059210 | $139.7M | 1.0% | −3.6% |
| NVDANvidia Corporation | $130.0M | 1.0% | +45.6% |
| TJXTjx Cos Inc New | $128.5M | 0.9% | −1.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $130.0M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $152.1M |
| Nvent Elec PLCCUSIP G6700G107 | June 30, 2020 | +805.4% | $246.6M |
| TSMTaiwan Semiconductor Manufac | June 30, 2020 | +741.2% | $165.8M |
| APHAmphenol Corp | June 30, 2020 | +636.1% | $175.4M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $386.6M |
| HUBBHubbell Inc | June 30, 2020 | +317.4% | $110.8M |
| WMBWilliams Cos Inc | June 30, 2020 | +290.8% | $204.5M |
| ADIAnalog Devices Inc | June 30, 2020 | +223.9% | $160.0M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $515.7M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $93.8M
- WKCWorld Kinect Corporation was $2.1M
- MUSAMurphy Usa Inc was $1.6M
- Topbuild CorCUSIP 89055F103 was $1.5M
- Globant S ACUSIP L44385109 was $1.0M
- SPSCSps Comm Inc was $854K
- MAAMid-amer Apt Cmntys Inc was $845K
- JBLJabil Inc was $686K
- VCLTVanguard Scottsdale Fds was $507K
- SGVTSchwab Strategic Tr was $490K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +8.7% | +14.8% |
| March 31, 2026 | −2.5% | −4.6% |
| December 31, 2025 | +2.1% | +2.4% |
| September 30, 2025 | +5.9% | +7.8% |
| June 30, 2025 | +5.8% | +10.5% |
| March 31, 2025 | −1.8% | −4.6% |
| December 31, 2024 | −0.1% | +2.1% |
| September 30, 2024 | +6.8% | +5.4% |
| June 30, 2024 | +1.4% | +4.0% |
| March 31, 2024 | +7.5% | +10.0% |
| December 31, 2023 | +9.9% | +11.2% |
| September 30, 2023 | −4.0% | −3.6% |
| June 30, 2023 | +6.0% | +8.3% |
| March 31, 2023 | +3.6% | +7.0% |
| December 31, 2022 | +8.7% | +7.1% |
| September 30, 2022 | −5.2% | −5.3% |
| June 30, 2022 | −13.2% | −16.5% |
| March 31, 2022 | −5.3% | −4.9% |
| December 31, 2021 | +10.5% | +10.7% |
| September 30, 2021 | +0.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Johnson Investment Counsel Inc Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=821197&type=13F-HR&dateb=&owner=include&count=40CIK 821197
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/821197/000208585326000845/Filed July 23, 2026 · accession 0002085853-26-000845