Q2 2026 13F · SEC CIK 821197

Johnson Investment Counsel Inc

Wealth managerFiled 2026-07-23 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $13.7B
Reported positions: 839
Top holdings a year, 3 yrs: +15.9%
Assets under management: $23.0B

Johnson Investment Counsel Inc is a wealth manager that reported 839 positions worth $13.7B in its Q2 2026 13F, filed 2026-07-23. Its largest holdings were Ishares Core S&p 500 ETF (IVV, 8.1%), Ishares Russell 1000 ETF (IWB, 4.3%), Apple Inc (AAPL, 3.8%). A portfolio copying its top holdings returned 15.9% a year over the last 3 years, against 20.4% for the S&P 500.

Johnson Investment Counsel Inc holdings largest 50 of 839 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Johnson Investment Counsel Inc 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
IVVIshares Core S&p 500 ETF	8.1%	7.5%	1,473,438	+3.5%	$1.1B
IWBIshares Russell 1000 ETF	4.3%	4.1%	1,429,386	+0.7%	$585.3M
AAPLApple Inc	3.8%	3.8%	1,782,340	-2.8%	$515.7M
GOOGLAlphabet Inc	2.8%	2.6%	1,081,872	-1.9%	$386.6M
IWRIshares Russell Midcap ETF	2.4%	2.3%	3,001,929	+3.2%	$331.2M
PGProcter & Gamble Co Com	2.4%	2.6%	2,225,685	+1.5%	$326.4M
MSFTMicrosoft Corp	2.4%	2.6%	871,535	+2.2%	$325.1M
CINFCincinnati Financial Corporation	1.9%	1.8%	1,417,965	-2.5%	$262.5M
NVTNvent Elec PLC	1.8%	1.5%	1,454,085	-6.6%	$246.6M
VEUVanguard FTSE All	1.8%	1.7%	2,877,438	+3.1%	$241.0M
ILOWAB Intl	1.8%	1.8%	5,297,082	+2.8%	$240.8M
AMZNAmazon Com Inc Com	1.6%	1.6%	921,278	-3.6%	$219.6M
WMBWilliams Companies	1.5%	1.7%	2,751,271	-5.1%	$204.5M
APHAmphenol Corp	1.3%	1.0%	994,623	-1.4%	$175.4M
VEAVanguard Tax-Managed Fds	1.2%	1.1%	2,344,738	+7.4%	$167.1M
TSMTaiwan Semiconductor Manufac	1.2%	1.0%	347,119	-3.3%	$165.8M
SCHXSchwab Stratgc Tr	1.2%	1.1%	5,492,353	+7.0%	$161.6M
ADIAnalog Devices Inc	1.2%	1.0%	402,733	+1.1%	$160.0M
AEPAmerican Elec Pwr Co Inc	1.1%	1.2%	1,144,304	-1.9%	$156.6M
VVisa Inc Com Cl A	1.1%	1.1%	450,119	+1.2%	$154.4M
AVGOBroadcom Inc	1.1%	0.9%	402,688	+14.1%	$152.1M
MAMastercard Inc.	1.1%	1.2%	293,347	+1.0%	$150.7M
ASMLAsml Hldg NV	1.0%	0.8%	70,235	-3.6%	$139.7M
NVDANvidia Corporation Com	0.9%	0.6%	649,775	+45.6%	$130.0M
TJXTjx Cos Inc New Com	0.9%	1.1%	848,363	-1.3%	$128.5M
WMWaste Mgmt Inc Del	0.9%	1.1%	569,714	+0.7%	$127.0M
DHRDanaher Corporation	0.9%	1.0%	653,183	-2.6%	$124.4M
NDAQNasdaq Inc	0.9%	1.1%	1,539,906	-0.0%	$121.4M
AXSAxis Capital Holdings Ltd	0.9%	1.0%	1,121,839	-3.3%	$120.5M
QUALIshares Msci USA Quality Factor ETF	0.9%	0.8%	539,969	+7.4%	$118.5M
USMVIshares Msci USA Min Volfctr ETF	0.9%	1.0%	1,209,687	-5.3%	$116.7M
KOCoca Cola Co	0.8%	0.9%	1,388,368	-2.6%	$112.8M
HUBBHubbell Inc	0.8%	—	211,855	—	$110.8M
LNTAlliant Energy Corp	0.8%	1.0%	1,435,378	-14.9%	$109.5M
SPYSpdr S&p 500 ETF Tr	0.8%	0.7%	144,918	+8.7%	$108.2M
CVXChevron Corp New	0.7%	1.1%	614,615	-4.5%	$101.9M
IJRIshares Core S&p Small Cap ETF	0.7%	—	643,757	—	$95.5M
CORCencora Inc Com	0.7%	0.9%	331,802	-8.7%	$93.9M
QQQInvesco Qqq Tr	0.7%	—	124,860	—	$91.9M
IWMIshares	0.7%	0.6%	303,252	-2.3%	$91.1M
NDSNNordson Corp.	0.7%	0.7%	300,447	-1.9%	$90.6M
ABTAbbott Laboratories	0.7%	0.8%	986,617	-3.5%	$89.5M
ITWIllinois Tool Works Inc.	0.6%	0.7%	325,801	+1.4%	$88.1M
COSTCostco Whsl Corp New	0.6%	0.7%	93,865	+11.2%	$87.8M
GOOGAlphabet Inc	0.6%	—	246,326	—	$87.0M
SYKStryker Corporation	0.6%	—	273,515	—	$86.1M
MCDMcdonalds Corp Com	0.6%	0.8%	311,452	+0.4%	$84.2M
AGGIshares Tr	0.6%	0.6%	829,533	+3.7%	$82.1M
WMTWalmart Inc	0.6%	0.7%	712,086	-0.6%	$80.7M
JMTGJ P Morgan Exchange Traded F	0.6%	0.6%	1,575,261	+0.1%	$79.8M

What Johnson Investment Counsel Inc bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.4% /yr; S&P 500 +20.1%
3 years: +15.9% /yr; S&P 500 +20.4%
5 years: +8.7% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$13.7B	839
Q1 2026	$12.4B	810
Q4 2025	$12.2B	789
Q3 2025	$11.9B	818
Q2 2025	$11.1B	807
Q1 2025	$10.4B	797
Q4 2024	$10.3B	789
Q3 2024	$10.2B	808
Q2 2024	$9.5B	765
Q1 2024	$9.2B	762
Q4 2023	$8.5B	711
Q3 2023	$7.8B	676

Questions about Johnson Investment Counsel Inc's portfolio

What stocks does Johnson Investment Counsel Inc own?

Johnson Investment Counsel Inc's latest 13F, for Q2 2026 and filed Jul 23, 2026, lists 839 positions worth $13.7B. The largest are Ishares Core S&p 500 ETF (IVV) at 8.1%, Ishares Russell 1000 ETF (IWB) at 4.3%, Apple Inc (AAPL) at 3.8%, Alphabet Inc (GOOGL) at 2.8% and Ishares Russell Midcap ETF (IWR) at 2.4%.

What did Johnson Investment Counsel Inc buy last quarter?

In Q2 2026, Johnson Investment Counsel Inc added Nvidia Corporation Com (NVDA) (+45.6% shares), Broadcom Inc (AVGO) (+14.1% shares) and Costco Whsl Corp New (COST) (+11.2% shares), compared with its Q1 2026 filing.

What did Johnson Investment Counsel Inc sell last quarter?

In Q2 2026, Johnson Investment Counsel Inc cut from its top 50 Honeywell Intl Inc (HON), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Marsh (MRSH), cut from its top 50 Willis Towers Watson PLC Ltd (WTW), cut from its top 50 Lowes Cos Inc (LOW), Alliant Energy Corp (LNT) (-14.9% shares), Cencora Inc Com (COR) (-8.7% shares) and Nvent Elec PLC (NVT) (-6.6% shares), compared with its Q1 2026 filing.

How has Johnson Investment Counsel Inc's portfolio performed?

A portfolio copying Johnson Investment Counsel Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.4% against +20.1%. Over 5 years: +8.7% a year against +11.6%.

When is Johnson Investment Counsel Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Johnson Investment Counsel Inc's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Johnson Investment Counsel Inc manage?

Johnson Investment Counsel Inc reported $23.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $13.7B.