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ZWJ INVESTMENT COUNSEL INC — 13F Holdings & Portfolio

CIK 842782 · latest 13F-HR filed 2026-10-15

Backtest portfolio

ZWJ INVESTMENT COUNSEL INC manages $3.24B in 13F-reported U.S. long-equity assets across 293 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are MU (4.79%), GOOG (4.27%), NVDA (3.69%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 30 new positions and exited 27; 86 existing positions rose in reported value and 95 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$3.24B

Long-equity book

Holdings
293

Distinct positions

Period
2026-09-30

Filed 2026-10-15

Q/Q Activity
+30 / −27 / ↑86 / ↓95

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
MU4.8% · -5%GOOG4.3% · +2%NVDA3.7% · +2%MSFT3.6% · +3%KO3.4% · -1%AVGO3.2% · +1%CSCO2.8% · +1%AAPL2.7% · +1%ABBV2.7% · -2%V2.4% · +4%JPM2.4% · +3%PSX2.4% · +2%AZN2.1% · +7%CB2.1% · +3%TMO2.0% · +4%JNJ1.9% · +3%CTVA1.9% · +2%ORCL1.8% · +6%PGR1.7% · +6%CVX1.7% · +4%BWXT1.6% · +1%NOC1.6% · +5%AXP1.5% · +2%AEP1.5% · +3%BA1.5% · +7%ROP1.4% · +4%MDLZ1.3% · +6%UBER1.3% · +8%INGR1.3% · +6%SSNC1.2% · +7%AME1.2% · +4%SAIA1.2% · +9%OMC1.1% · +5%ELV1.1% · +4%NFLX1.1% · +118%J1.0% · +6%BSX1.0% · +25%YUM1.0% · +7%ZBRA0.9% · +14%SRE0.9% · +8%IFF0.9% · +6%T0.9% · +2%HD0.8% · +4%TSN0.8% · +10%EWBC0.8% · +0%VZ0.8% · +12%APD0.8% · +8%ACN0.8% · -13%GM0.8% · +2%PG0.7% · +2%SPGI0.7% · +112%DG0.6% · +8%OUT0.5% · +1%ABNB0.4% · +16%XOM0.4% · -1%LLY0.4% · +50%GOOGL0.3% · +2%IOSP0.3% · +6%EOG0.3% · +8%RSP0.3% · +6%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 33.5%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 26, 2026.

Assets Under Management
$4.23B
Discretionary
$4.23B
Employees
20
Accounts
2,387
Address
75 14TH STREET NE
SUITE 2900
ATLANTA, GA 30309-7604
Phone
(404) 873-2211
Website
Name Title / Status Ownership Type
ABNEY, CHARLES, LYNDORF ControlPRESIDENT
since Aug 2004
10–25%Individual
COSGROVE, KRISTA, LEE ControlCHIEF COMPLIANCE OFFICER, VICE PRESIDENT
since Jan 2009
5–10%Individual
FLANAGAN, CASEY, JOHN ControlCHIEF FINANCIAL OFFICER, SENIOR VICE PRESIDENT
since Jan 2023
10–25%Individual
JACKSON, CLAYTON, FRANKLIN ControlCHIEF EXECUTIVE OFFICER, CHAIRMAN
since Aug 2000
25–50%Individual
YANG, KEVIN, CHUN HSIANG ControlCHIEF INVESTMENT OFFICER, VICE PRESIDENT
since Dec 2012
5–10%Individual
YOUNG, BRADFORD, SIDNEY JOHNSTONVICE PRESIDENT
since Dec 2004
5–10%Individual
Ownership & leadership changes · 6 filings with changes since Mar 27, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 26, 2026 filing
  • ChangedABNEY, CHARLES, LYNDORF · title SENIOR VICE PRESIDENT → PRESIDENT
  • ChangedFLANAGAN, CASEY, JOHN · title SENIOR VICE PRESIDENT → CHIEF FINANCIAL OFFICER, SENIOR VICE PRESIDENT
  • ChangedJACKSON, CLAYTON, FRANKLIN · title PRESIDENT → CHIEF EXECUTIVE OFFICER, CHAIRMAN
  • ChangedYANG, KEVIN, CHUN HSIANG · title CHIEF INVESTMENT OFFICER VICE PRESIDENT → CHIEF INVESTMENT OFFICER, VICE PRESIDENT
Mar 15, 2024 filing
  • No longer listedCARPENTER, GLEN, RUSSELL · VICE PRESIDENT · Less than 5% · listed since Dec 2012
  • No longer listedEWING, STACEY, DEVAN · VICE PRESIDENT · Less than 5% · listed since Oct 2004
  • No longer listedHill, Emilie, Dayan · VICE PRESIDENT · Less than 5% · listed since Dec 2020
  • No longer listedNEVILLE, ROBERT, GEOFFREY · VICE PRESIDENT · Less than 5% · listed since Dec 2020
  • No longer listedSHEPARD, JOHN, BARTLETT · RETIRED · 5–10% · listed since Jan 2023
  • ChangedCOSGROVE, KRISTA, LEE · ownership Less than 5% → 5–10%; now a control person
  • ChangedFLANAGAN, CASEY, JOHN · ownership 5–10% → 10–25%
  • ChangedYANG, KEVIN, CHUN HSIANG · title VICE PRESIDENT → CHIEF INVESTMENT OFFICER VICE PRESIDENT; now a control person
Mar 29, 2023 filing
  • ChangedFLANAGAN, CASEY, JOHN · title VICE PRESIDENT → SENIOR VICE PRESIDENT; now a control person
  • ChangedSHEPARD, JOHN, BARTLETT · title SENIOR VICE PRESIDENT → RETIRED; no longer a control person
Oct 10, 2022 filing
  • AddedFLANAGAN, CASEY, JOHN · VICE PRESIDENT · 5–10%
  • ChangedSHEPARD, JOHN, BARTLETT · ownership 10–25% → 5–10%
Mar 25, 2021 filing
  • AddedHill, Emilie, Dayan · VICE PRESIDENT · Less than 5%
  • AddedNEVILLE, ROBERT, GEOFFREY · VICE PRESIDENT · Less than 5%
  • ChangedJACKSON, CLAYTON, FRANKLIN · ownership 50–75% → 25–50%
  • ChangedYANG, KEVIN, CHUN HSIANG · ownership Less than 5% → 5–10%
  • ChangedYOUNG, BRADFORD, SIDNEY JOHNSTON · ownership Less than 5% → 5–10%
Mar 28, 2013 filing
  • AddedCARPENTER, GLEN, RUSSELL · VICE PRESIDENT · Less than 5%
  • AddedYANG, KEVIN, CHUN HSIANG · VICE PRESIDENT · Less than 5%
  • ChangedCOSGROVE, KRISTA, LEE · title CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER, VICE PRESIDENT
Mar 27, 2012 filing (earliest on record)
  • ListedABNEY, CHARLES, LYNDORF · SENIOR VICE PRESIDENT · 10–25% · control person
  • ListedCOSGROVE, KRISTA, LEE · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ListedEWING, STACEY, DEVAN · VICE PRESIDENT · Less than 5%
  • ListedJACKSON, CLAYTON, FRANKLIN · PRESIDENT · 50–75% · control person
  • ListedSHEPARD, JOHN, BARTLETT · SENIOR VICE PRESIDENT · 10–25% · control person
  • ListedYOUNG, BRADFORD, SIDNEY JOHNSTON · VICE PRESIDENT · Less than 5%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

ZWJ INVESTMENT COUNSEL INC Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 MICRON TECHNOLOGY INC MU 595112103 $154.9M 4.79% 145,466 SH
2 ALPHABET INC GOOG 02079K107 $138.3M 4.27% 405,785 SH
3 NVIDIA CORPORATION NVDA 67066G104 $119.4M 3.69% 522,627 SH
4 MICROSOFT CORP MSFT 594918104 $115.7M 3.58% 225,552 SH
5 COCA COLA CO KO 191216100 $110.7M 3.42% 1,285,544 SH
6 BROADCOM INC AVGO 11135F101 $103.2M 3.19% 293,937 SH
7 CISCO SYS INC CSCO 17275R102 $90.0M 2.78% 836,410 SH
8 APPLE INC AAPL 037833100 $87.7M 2.71% 263,457 SH
9 ABBVIE INC ABBV 00287Y109 $87.5M 2.70% 334,519 SH
10 VISA INC V 92826C839 $77.5M 2.39% 215,554 SH
11 JPMORGAN CHASE & CO JPM 46625H100 $76.5M 2.36% 231,226 SH
12 PHILLIPS 66 PSX 718546104 $76.2M 2.36% 298,505 SH
13 ASTRAZENECA PLC AZN G0593M107 $68.3M 2.11% 422,910 SH
14 CHUBB LIMITED CB H1467J104 $66.8M 2.07% 205,424 SH
15 THERMO FISHER SCIENTIFIC INC TMO 883556102 $64.6M 2.00% 95,753 SH
16 JOHNSON & JOHNSON JNJ 478160104 $61.3M 1.89% 231,462 SH
17 CORTEVA INC CTVA 22052L104 $61.2M 1.89% 788,399 SH
18 ORACLE CORP ORCL 68389X105 $57.9M 1.79% 421,765 SH
19 PROGRESSIVE CORP PGR 743315103 $55.8M 1.72% 268,994 SH
20 CHEVRON CORPORATION CVX 166764100 $55.6M 1.72% 272,206 SH
21 BWX TECHNOLOGIES INC BWXT 05605H100 $52.3M 1.62% 381,433 SH
22 NORTHROP GRUMMAN CORP NOC 666807102 $51.2M 1.58% 105,911 SH
23 AMERICAN EXPRESS CO AXP 025816109 $49.0M 1.51% 161,143 SH
24 AMERICAN ELEC PWR CO INC AEP 025537101 $48.2M 1.49% 406,156 SH
25 BOEING CO BA 097023105 $47.1M 1.46% 253,190 SH
26 ROPER TECHNOLOGIES INC ROP 776696106 $44.4M 1.37% 127,050 SH
27 MONDELEZ INTL INC MDLZ 609207105 $43.6M 1.35% 754,487 SH
28 UBER TECHNOLOGIES INC UBER 90353T100 $43.2M 1.33% 630,197 SH
29 INGREDION INC INGR 457187102 $41.1M 1.27% 428,553 SH
30 SS&C TECH HLDGS SSNC 78467J100 $38.2M 1.18% 495,122 SH
31 AMETEK INC AME 031100100 $37.7M 1.16% 152,008 SH
32 SAIA INC SAIA 78709Y105 $37.5M 1.16% 112,289 SH
33 OMNICOM GROUP INC OMC 681919106 $36.8M 1.14% 500,416 SH
34 ELEVANCE HEALTH INC FORMERLY ELV 036752103 $36.2M 1.12% 93,029 SH
35 NETFLIX INC. NFLX 64110L106 $35.9M 1.11% 515,240 SH
36 JACOBS SOLUTIONS INC J 46982L108 $33.6M 1.04% 248,430 SH
37 BOSTON SCIENTIFIC CORP BSX 101137107 $32.3M 1.00% 739,647 SH
38 YUM BRANDS INC YUM 988498101 $30.9M 0.95% 226,562 SH
39 ZEBRA TECHNOLOGIES CORPORATI ZBRA 989207105 $30.7M 0.95% 82,201 SH
40 SEMPRA SRE 816851109 $29.7M 0.92% 380,747 SH
41 INTERNATIONAL FLAVORS&FRAGRA IFF 459506101 $28.5M 0.88% 341,237 SH
42 AT&T INC T 00206R102 $27.9M 0.86% 1,143,291 SH
43 HOME DEPOT INC HD 437076102 $27.0M 0.84% 95,054 SH
44 TYSON FOODS INC TSN 902494103 $26.9M 0.83% 532,972 SH
45 EAST WEST BANCORP INC EWBC 27579R104 $26.8M 0.83% 216,412 SH
46 VERIZON COMMUNICATIONS INC VZ 92343V104 $25.0M 0.77% 545,535 SH
47 AIR PRODUCTS AND CHEMICALS I APD 009158106 $25.0M 0.77% 89,844 SH
48 ACCENTURE PLC IRELAND ACN G1151C101 $24.9M 0.77% 135,537 SH
49 GENERAL MTRS CO GM 37045V100 $24.8M 0.77% 322,580 SH
50 PROCTER & GAMBLE CO PG 742718109 $23.9M 0.74% 164,581 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-15 $3.24B 293 0001580642-26-006907
2026-06-30 2026-07-16 $3.09B 290 0001580642-26-004427
2026-03-31 2026-04-24 $2.77B 241 0001580642-26-002635
2025-12-31 2026-01-23 $2.77B 238 0001580642-26-000391
Filer Information
Address
75 14TH STREET NE
SUITE 2900
ATLANTA, GA 30309-7604
Phone
(404) 873-2211
Filing Manager
ZWJ INVESTMENT COUNSEL INC
Atlanta, GA
Signatory
Myrka Barcenas Zavaleta
Controller