1y return+13.3%S&P 500 +20.9%
3y return+54.4%S&P 500 +68.5%
5y return+63.3%S&P 500 +74.5%
10y return+190.5%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: $291 against $357 in the S&P 500.2
Zwj 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 |
|---|---|---|---|
| MUMicron Technology Inc | $176.4M | 5.7% | −33.0% |
| GOOGAlphabet Inc | $141.0M | 4.6% | |
| AVGOBroadcom Inc | $109.5M | 3.5% | |
| KOCoca Cola Co | $105.7M | 3.4% | |
| NVDANvidia Corporation | $102.9M | 3.3% | |
| CSCOCisco Sys Inc | $97.0M | 3.1% | −4.1% |
| ABBVAbbvie Inc | $85.9M | 2.8% | |
| MSFTMicrosoft Corp | $81.7M | 2.6% | +4.3% |
| AAPLApple Inc | $75.7M | 2.4% | +2.9% |
| Astrazeneca PLCCUSIP G0593M107 | $75.1M | 2.4% | +2.3% |
| JPMJpmorgan Chase & Co | $73.7M | 2.4% | +2.2% |
| BWXTBwx Technologies Inc | $73.4M | 2.4% | −3.9% |
| VVisa Inc | $71.4M | 2.3% | +5.2% |
| Chubb LimitedCUSIP H1467J104 | $68.1M | 2.2% | |
| CTVACorteva Inc | $65.1M | 2.1% | |
| ORCLOracle Corp | $58.0M | 1.9% | |
| JNJJohnson & Johnson | $57.1M | 1.8% | +3.3% |
| PGRProgressive Corp | $55.4M | 1.8% | +3.5% |
| AEPAmerican Elec Pwr Co Inc | $53.7M | 1.7% | |
| AXPAmerican Express Co | $53.6M | 1.7% | |
| NOCNorthrop Grumman Corp | $51.3M | 1.7% | +3.1% |
| BABoeing Co | $51.2M | 1.7% | +5.9% |
| PSXPhillips 66 | $49.7M | 1.6% | |
| TMOThermo Fisher Scientific Inc | $46.3M | 1.5% | +5.2% |
| SAIASaia Inc | $43.5M | 1.4% | −1.1% |
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% | $102.9M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $109.5M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $141.0M |
| EWBCEast West Bancorp Inc | June 30, 2020 | +256.2% | $27.9M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $73.7M |
| BWXTBwx Technologies Inc | June 30, 2020 | +243.7% | $73.4M |
| CTVACorteva Inc | June 30, 2020 | +216.1% | $65.1M |
| PGRProgressive Corp | June 30, 2020 | +172.7% | $55.4M |
| ORCLOracle Corp | June 30, 2020 | +165.2% | $58.0M |
| ABBVAbbvie Inc | June 30, 2020 | +156.3% | $85.9M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $305K
- VEAVanguard Tax-managed Fds was $294K
- Dupont De Nemours IncCUSIP 26614N102 was $250K
- AVAAvista Corp was $250K
- AUBAtlantic Un Bankshares Corp was $234K
- FCPTFour Corners Ppty Tr Inc was $229K
- PBHPrestige Consmr Healthcare I was $228K
- DOWDow Hldgs Inc was $220K
- PLTRPalantir Technologies Inc was $209K
- VRRMVerra Mobility Corp was $206K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +4.9% | +14.8% |
| March 31, 2026 | −1.4% | −4.6% |
| December 31, 2025 | +2.2% | +2.4% |
| September 30, 2025 | +7.2% | +7.8% |
| June 30, 2025 | +7.6% | +10.5% |
| March 31, 2025 | −0.2% | −4.6% |
| December 31, 2024 | −1.8% | +2.1% |
| September 30, 2024 | +7.0% | +5.4% |
| June 30, 2024 | +1.5% | +4.0% |
| March 31, 2024 | +12.8% | +10.0% |
| December 31, 2023 | +10.0% | +11.2% |
| September 30, 2023 | −4.0% | −3.6% |
| June 30, 2023 | +5.0% | +8.3% |
| March 31, 2023 | +3.1% | +7.0% |
| December 31, 2022 | +13.0% | +7.1% |
| September 30, 2022 | −8.5% | −5.3% |
| June 30, 2022 | −11.9% | −16.5% |
| March 31, 2022 | −1.9% | −4.9% |
| December 31, 2021 | +9.5% | +10.7% |
| September 30, 2021 | −0.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Zwj Investment Counsel Inc Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=842782&type=13F-HR&dateb=&owner=include&count=40CIK 842782
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/842782/000158064226004427/Filed July 16, 2026 · accession 0001580642-26-004427