Investment Counsel Inc. Q4 2020 vs. Q1 2021: A Deep Dive into 13F Holdings Comparison

Investment Counsel Inc. recently released its 13F holdings comparison between the fourth quarter of 2020 and the first quarter of 2021. The report reveals changes in holdings for some well-known companies such as Apple Inc., Microsoft Corporation, and Johnson & Johnson. In this blog post, we'll take a closer look at the changes in holdings for these companies and more.

Apple Inc.

Apple Inc. saw a 14.5% decrease in shares held by Investment Counsel Inc. in the first quarter of 2021 compared to the previous quarter. Despite this decrease, the company remained one of the significant portfolio holdings.

Microsoft Corporation

Investment Counsel Inc. reduced its holdings of Microsoft Corporation in the first quarter of 2021 by 5.2%. However, the technology giant still maintained a sizable position in the firm's portfolio.

Johnson & Johnson

Johnson & Johnson's shares experienced a decrease in Investment Counsel Inc.'s holdings, dropping by 5% between the fourth quarter of 2020 and the first quarter of 2021. The decrease was a small one, which is understandable considering the company's stable performance over the years.

Nike Inc.

Nike Inc. saw its shares decline by 11% in the first quarter of 2021 compared to the previous quarter. It was the first time Investment Counsel Inc. decreased its holdings in the fashion giant since it began investing in the company.

Intel Corporation

Intel Corporation experienced an increase in Investment Counsel Inc.'s holdings, with shares rising by 22.5% between the fourth quarter of 2020 and the first quarter of 2021. As a result, Intel moved up to become the second-largest holding in Investment Counsel Inc.'s portfolio.

Other companies that saw a significant shift in holdings include Fiserv Inc., which experienced a rise of 28.6% in its holdings, while Waters Corp. decreased by 23.7%. Meanwhile, the holding in Stryker Corporation decreased by a staggering 33.5%.

Final Thoughts

Investment Counsel Inc.'s 13F holdings comparison report provides valuable insights into the firm's investment preferences. While the report does not offer a comprehensive view of all the investments made by the company, it does provide an idea of which companies it holds and which it does not.

It is worth noting that Investment Counsel Inc.'s 13F filings are subject to several limitations, primarily because it only includes long positions held in publicly traded companies. Additionally, 13F filings are typically released months after the end of each financial quarter. Despite these limitations, Investment Counsel users can use the information to make more informed investment decisions.

Overall, this 13F holdings comparison report reveals that Investment Counsel Inc. has made significant shifts in its holdings over the first quarter of 2021. Understanding what motivated these changes is crucial for investors seeking to align their investment decisions with that of this prominent institutional investor.