Shifting Holdings: First Fiduciary Q3 2022 vs. Q4 2022

2022 has been a rollercoaster ride for the stock market, and the investment firm First Fiduciary Investment Counsel, Inc. is no exception to this. The firm has seen a lot of changes in its holdings in the third and fourth quarters of the year. In this blog post, we will discuss the changes in the firm's holdings, focusing on the companies that were added, those that were removed, and those that experienced significant changes in percentage holdings. But before we go into detail about the changes, let's talk about First Fiduciary Investment Counsel, Inc. The firm was founded in 1976 and has over 45 years of experience in the investment market. The firm provides individual and institutional clients with personalized investment strategies and portfolio management. The firm believes that the key to successful investment management is through relationship-building, open communication, and customized solutions. Now, let's dive into the changes in First Fiduciary Investment Counsel, Inc.'s holdings by comparing its third and fourth-quarter 13F filings. Companies that were added: In the fourth quarter of 2022, First Fiduciary Investment Counsel, Inc. added several companies to its portfolio. Among the notable additions are:

• Alcon Inc F: First Fiduciary Investment Counsel, Inc. increased its holdings in Alcon Inc F by 28.9% in Q4, adding 14,854 shares.
• InvESCO BulletShares Corp Bond ETF: First Fiduciary Investment Counsel, Inc. added several InvESCO BulletShares Corp Bond ETF to its portfolio in Q4, including the 2026, 2025, and 2027 bonds. Companies that were removed: First Fiduciary Investment Counsel, Inc. also removed several companies from its portfolio in Q4, including:
• Dominion Res: First Fiduciary Investment Counsel, Inc. removed all its shares in Dominion Res.
• Mondelēz Int'l: The firm removed all its shares in Mondelēz Int'l in the quarter. Significant changes: Aside from the additions and removals mentioned, several companies in First Fiduciary Investment Counsel's portfolio experienced significant changes in percentage holdings. Here are the top companies that experienced significant changes in percentage holdings:
• Johnson Controls: In Q4, First Fiduciary Investment Counsel, Inc. decreased its holdings in Johnson Controls by 26.4%.
• JPMorgan Chase: First Fiduciary Investment Counsel, Inc. increased its holdings in JPMorgan Chase by 24.7% in Q4.
• Phillips 66: First Fiduciary Investment Counsel, Inc. increased its holdings in Phillips 66 by 28.3% in Q4.
• Oracle Corp: First Fiduciary Investment Counsel, Inc. increased its holdings in Oracle Corp by 35.7% in Q4. Conclusion: In conclusion, the third and fourth quarters of the year have been a time of significant change for First Fiduciary Investment Counsel, Inc.'s holdings. The firm added several new companies to its portfolio, removed some companies, and saw significant changes in its percentage holdings for several companies. With its focus on personalized investment strategies and portfolio management, it will be interesting to see how the firm manages its holdings moving forward.