Zwj Investment Counsel Inc Portfolio Changes Q2 2026

Zwj Investment Counsel Inc has released its portfolio holdings data for the period ending June 30, 2026 ($3bn total value). This comprehensive filing provides valuable insights into the investment manager's buying and selling patterns during Q2.

Technology Sector Dominance

The Technology sector remains a cornerstone of Zwj Investment Counsel Inc's portfolio. The firm holds several major tech stocks, including MICROSOFT CORP (MSFT), which accounts for 2.64% allocation and saw an increase in shares (+4.34%) this quarter.

• APPLE INC (AAPL) maintains its position at AAPL, with a portfolio percentage of 2.45% and also experienced share growth (+2.86%).
• CISCO SYS INC (CSCO), representing another key Technology holding, has decreased its allocation slightly (-4.15%) due to reduced shares.
• MICRON TECHNOLOGY INC (MU) saw a substantial reduction in its position this quarter, with share count decreasing by 33.01% and portfolio weight falling significantly from previous periods.

Significant New Purchases

Zwj Investment Counsel Inc demonstrated strong conviction in several companies during Q2 through notable new purchases or increased allocations:

• S&P GLOBAL INC (SPGI) was added to the portfolio, representing a brand-new position with SPGI at 0.34% allocation.
• AIRBNB INC (ABNB), despite its small allocation of 0.34%, showed significant growth (+58.7%) in this quarter, indicating strong interest from the investment firm.
• OMNICOM GROUP INC (OMC) was another new addition or significantly increased position (OMC) within the Communication Services sector, now holding 1.12% of its portfolio.

Strategic Reductions and Exits

The firm also strategically reduced or exited certain positions during this quarter:

• J P MORGAN EXCHANGE TRADED FUND (JMST) was completely divested, marking a significant exit from the portfolio.
• VERIZON COMMUNICATIONS INC (VZ), while maintaining its sector allocation percentages overall, saw shares reduced (-7.75%) this quarter, impacting its position within Communication Services.

Additionally, several other holdings experienced notable changes:

• BOSTON SCIENTIFIC CORP (BSX) in Healthcare saw a decrease of 16.17% (-$2m impact).
• DRIVEN BRANDS HLDGS INC (DRVN), despite its small allocation, showed strong growth (+7.13%) this quarter.

Balanced Sector Exposure

Zwj Investment Counsel Inc maintains a diversified portfolio across various sectors as of June 30, 2026:

• Technology is the largest sector allocation at approximately 30.06%.
• Financial Services follows with about 13.53%, including holdings in JPM and SPGI.
• The firm also has significant exposure to Industrials (10.86%), Healthcare (9.18%), Consumer Defensive (8.75%), Communication Services (8.41%), Basic Materials (4.16%), Consumer Cyclical (4.05), Energy (3.9%), and Utilities (3.68).

This balanced approach reflects the investment counselor's strategy of maintaining broad market exposure while focusing on specific sectors.