ZWJ Investment Counsel Discloses $2.8B Portfolio in Q3 13F Filing
ZWJ INVESTMENT COUNSEL INC
Filing Summary
ZWJ Investment Counsel Discloses $2.8B Portfolio in Q3 13F Filing
Filer: ZWJ INVESTMENT COUNSEL INC Form: 13F-HR | Filed: 2025-10-15 Significance: High
Filing Summary: • Type: Quarterly Holdings Report (13F-HR) • Total Holdings Value: $2,830,856,638 • Number of Positions: 245 • Reporting Period: 2025-09-30
Key Insight: This filing provides a snapshot of the $2.8 billion equity portfolio held by ZWJ Investment Counsel, revealing their positions in major companies at the end of the third quarter.
Top Holdings Include: • $ORCL: $110.9M • $NVDA: $106.1M • $MSFT: $105.0M • $AVGO: $104.9M
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: ZWJ INVESTMENT COUNSEL INC
Executive Summary
- Trading Significance: High
- Key Takeaway: ZWJ INVESTMENT COUNSEL INC has filed its quarterly Form 13F-HR, disclosing long equity positions totaling approximately $2.83 billion as of September 30, 2025. This filing offers a valuable look into the institution's investment strategy and largest holdings heading into the fourth quarter.
- Market Impact: While 13F filings are backward-looking, they are closely watched by the market to gauge institutional sentiment and identify trends in sector allocation and stock conviction among major fund managers. Significant new positions or exits can influence investor perception of the underlying stocks.
Filer Information
| Field | Value |
|---|---|
| Company | ZWJ INVESTMENT COUNSEL INC |
| CIK | 0000842782 |
| Type | Institutional Investment Manager |
Filing Details
| Field | Value |
|---|---|
| Form Type | 13F-HR (Holdings Report) |
| Filing Date | 2025-10-15 |
| Period of Report | 2025-09-30 |
| Total Value of Holdings | $2,830,856,638 |
| Total Number of Holdings | 245 |
Portfolio Highlights
This report details 245 positions. The portfolio shows significant concentration in technology, financials, and healthcare. Below are some of the largest positions by value revealed in the filing:
| Issuer | CUSIP | Value (USD) | Shares |
|---|---|---|---|
| ALPHABET INC (CL C) | 02079K107 | $117,494,574 | 482,425 |
| ORACLE CORP | 68389X105 | $110,934,853 | 394,449 |
| NVIDIA CORPORATION | 67066G104 | $106,143,022 | 568,887 |
| MICROSOFT CORP | 594918104 | $105,035,334 | 202,790 |
| BROADCOM INC | 11135F101 | $104,973,385 | 318,188 |
| COCA COLA CO | 191216100 | $87,578,133 | 1,320,539 |
| ABBVIE INC | 00287Y109 | $78,212,322 | 337,792 |
| BWX TECHNOLOGIES INC | 05605H100 | $77,449,575 | 420,077 |
| MICRON TECHNOLOGY INC | 595112103 | $76,171,457 | 455,244 |
| JPMORGAN CHASE & CO. | 46625H100 | $71,766,826 | 227,521 |
Investment Insights
Key Observations
- Major Tech Bets: The portfolio has substantial allocations to mega-cap technology stocks like Alphabet, Oracle, NVIDIA, Microsoft, and Broadcom, indicating a bullish stance on the sector's long-term growth.
- Blue-Chip Staples: Significant holdings in established companies like Coca-Cola, Johnson & Johnson, and Procter & Gamble suggest a strategy that balances growth with stable, dividend-paying assets.
- Financial Sector Conviction: Large positions in JPMorgan Chase, American Express, and Visa demonstrate confidence in the financial services and payments industry.
- Diversified Portfolio: With 245 positions, the fund is well-diversified across various sectors, although with a clear tilt towards large-cap and mega-cap names.
Contextual Analysis
Timing Significance
This report was filed on October 15, 2025, for the period ending September 30, 2025. Under SEC rules, managers have up to 45 days after a quarter's end to file. This data reflects portfolio composition from over two weeks ago and may not represent current holdings.
Purpose of Form 13F
Form 13F is a mandatory quarterly report for institutional investment managers with at least $100 million in assets under management. It discloses their long positions in U.S. equities, providing transparency into the holdings of large financial institutions. It does not include short positions, options (unless exercised), or non-U.S. securities.
Risk Assessment
Risk Level: Low (for the filing itself)
Analytical Considerations
- Stale Data: The primary risk in analyzing a 13F is its backward-looking nature. The reported positions were held at the end of the previous quarter, and the manager could have already bought or sold these assets.
- Incomplete Picture: 13F filings do not show short positions, cash holdings, or other asset classes. Therefore, it provides only a partial view of the manager's overall strategy and risk exposure.
- No 'Why': The filing shows what was held, but not why. The rationale behind the investment decisions is not disclosed.
IMPORTANT DISCLAIMER: This analysis is for informational purposes only and is not intended as investment advice. The information presented is based on publicly available SEC filings and should not be construed as a recommendation to buy, sell, or hold any securities. Past performance does not guarantee future results. All investments carry risk, including the potential loss of principal. Please consult with a qualified financial advisor before making any investment decisions.
Analysis generated on 2025-10-15 | Data source: SEC EDGAR
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.