SEC 13F Intelligence

Managers / Q4 2025 · view latest →

HAZLETT, BURT & WATSON, INC.

CIK 0000046392 · 1300 CHAPLINE STREET, WHEELING, WV, 26003 · 304-233-3312

Reported Value
$313M
Q4 2025
Positions
12,797
Filings on Record
17
2022–present window
Filed
Feb 10, 2026
original filing

Summary

Hazlett, Burt & Watson, Inc. reported $313M in U.S.-listed holdings across 12,797 positions for Q4 2025.

Its largest position, AAPL, represents 4.3% of the portfolio.

Compared with Q3 2025, the fund opened 82 new positions and exited 44.

Portfolio Metrics

Turnover
+2.9%
vs prior filed quarter
Top-10 Concentration
+20.2%
share of reported value
Largest Position
+4.3%
Apple
New / Exited
82 / 44
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’22: $126MQ1 ’22Q2 ’22: $109MQ3 ’22: $103MQ4 ’22: $114MQ4 ’22Q1 ’23: $122MQ2 ’23: $134MQ3 ’23: $134MQ3 ’23Q4 ’23: $149MQ1 ’24: $167MQ2 ’24: $194MQ2 ’24Q3 ’24: $217MQ4 ’24: $226MQ1 ’25: $222MQ1 ’25Q2 ’25: $244MQ3 ’25: $283MQ4 ’25: $313MQ4 ’25Q1 ’26: $320Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 62.4%ETP: 35.3%Closed-End Fund: 1.1%ADR: 0.8%REIT: 0.3%Other: 0.1%
  • Common Stock · 62.4% · $195M
  • ETP · 35.3% · $111M
  • Closed-End Fund · 1.1% · $3M
  • ADR · 0.8% · $3M
  • REIT · 0.3% · $941,000
  • Other · 0.1% · $223,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ULUNILEVER PLCNEW+5.0K5.0K+$323,000$323,000
CGSDCAPITAL GRP FIXED INCM ETF TNEW+5.0K5.0K+$130,000$130,000
VGSHVANGUARD SCOTTSDALE FDSNEW+2.2K2.2K+$128,000$128,000
VTGVANGUARD MALVERN FDSNEW+915915+$70,000$70,000
BBUSJ P MORGAN EXCHANGE TRADED FNEW+488488+$60,000$60,000
VPLSVANGUARD MALVERN FDSNEW+632632+$49,000$49,000
EEMAISHARES INCNEW+509509+$48,000$48,000
SPDWSPDR INDEX SHS FDSNEW+1.0K1.0K+$46,000$46,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

117 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM4.29%$13M49.4K
2IGMISHARES TREXPND TEC SC ETF · SELECT DIVID ETF · RUS 1000 GRW ETF · S&P MC 400VL ETF · SP SMCP600VL ETF · S&P 500 GRWT ETF · RUS 1000 VAL ETF · S&P MC 400GR ETF · CORE MSCI EAFE · CORE S&P500 ETF · EAFE VALUE ETF · EAFE GRWTH ETF · 20 YR TR BD ETF · RUS MD CP GR ETF · ISHARES SEMICDTR · S&P SML 600 GWT · RUS MDCP VAL ETF · CORE DIV GRWTH · MSCI INTL QUALTY · 10-20 YR TRS ETF · MORNINGSTAR GRWT · S&P 500 VAL ETF · GLOB HLTHCRE ETF · CORE MSCI TOTAL · U.S. MED DVC ETF3.90%$12M99.1K
3NVDANVIDIA CORPORATIONhistory →COM2.55%$8M42.8K
4QQQINVESCO QQQ TRhistory →UNIT SER 11.74%$5M8.9K
5MSFTMICROSOFT CORPhistory →COM1.55%$5M10.1K
6GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.55%$5M15.5K
7AMZNAMAZON COM INChistory →COM1.50%$5M20.4K
8VGTVANGUARD WORLD FDINF TECH ETF · MEGA CAP VAL ETF · CONSUM DIS ETF · MEGA GRWTH IND1.08%$3M11.8K
9EXMOCEXXON MOBIL CORPhistory →COM1.07%$3M27.8K
10JNJJOHNSON &JOHNSONCOM0.94%$3M14.2K
11MAMASTERCARD INCORPORATEDCL A0.89%$3M4.9K
12PNCPNC FINL SVCS GROUP INCCOM0.89%$3M13.4K
13LMTLOCKHEED MARTIN CORPCOM0.86%$3M5.5K
14BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.81%$3M5.1K
15ORCLORACLE CORPCOM0.64%$2M10.2K
16VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.59%$2M8.4K
17AVGOBROADCOM INCCOM0.58%$2M5.3K
18RTXRTX CORPORATIONCOM0.57%$2M9.7K
19JPMJPMORGAN CHASE &CO.COM0.52%$2M5.1K
20MUMICRON TECHNOLOGY INCCOM0.50%$2M5.4K
21SCHGSCHWAB STRATEGIC TRUS LCAP GR ETF · US DIVIDEND EQ · US LCAP VA ETF0.49%$2M51.8K
22DHRDANAHER CORPORATIONCOM0.48%$1M6.5K
23GDGENERAL DYNAMICS CORPCOM0.45%$1M4.2K
24XLKSELECT SECTOR SPDR TRSTATE STREET TEC · STATE STREET UTI · STATE STREET CON · STATE STREET IND · STATE STREET HEA0.44%$1M15.7K
25COFCAPITAL ONE FINL CORPCOM0.44%$1M5.6K
26CATCATERPILLAR INCCOM0.43%$1M2.4K
27TFISPDR SERIES TRUSTSTATE STREET SPD0.41%$1M20.4K
28ALLALLSTATE CORPCOM0.40%$1M6.0K
29ABBVABBVIE INCCOM0.37%$1M5.1K
30PGPROCTER AND GAMBLE COCOM0.36%$1M8.0K
31VONGVANGUARD SCOTTSDALE FDSVNG RUS1000GRW · VNG RUS1000IDX0.36%$1M8.3K
32UNPUNION PAC CORPCOM0.34%$1M4.6K
33HSYHERSHEY COCOM0.34%$1M5.8K
34EMREMERSON ELEC COCOM0.34%$1M7.9K
35CZAINVESCO EXCHANGE TRADED FD TZACKS MID CAP · AEROSPACE DEFN · S&P500 PUR GWT · S&P500 QUALITY0.33%$1M12.5K
36VVISA INCCOM CL A0.33%$1M2.9K
37SPYSPDR S&P 500 ETF TRTR UNIT0.32%$996,0001.5K
38HDHOME DEPOT INCCOM0.32%$993,0002.9K
39UBSIUNITED BANKSHARES INC WEST VCOM0.30%$941,00024.5K
40VOOVANGUARD INDEX FDSS&P 500 ETF SHS · GROWTH ETF · SML CP GRW ETF · LARGE CAP ETF0.26%$813,0001.8K
41DOVDOVER CORPCOM0.25%$783,0004.0K
42KOCOCA COLA COCOM0.25%$776,00011.1K
43COSTCOSTCO WHSL CORP NEWCOM0.25%$776,000900
44ASMLASML HOLDING N VN Y REGISTRY SHS0.24%$765,000715
45GSGOLDMAN SACHS GROUP INCCOM0.22%$699,000795
46PLTRPALANTIR TECHNOLOGIES INCCL A0.21%$644,0003.6K
47FULTFULTON FINL CORP PACOM0.20%$632,00032.6K
48SDHYPGIM SHORT DUR HIG YLD OPP FCOM0.19%$602,00036.6K
49HUBBHUBBELL INCCOM0.19%$587,0001.3K
50LLYELI LILLY &COCOM0.19%$587,000546
51MOALTRIA GROUP INCCOM0.18%$577,00010.0K
52AMATAPPLIED MATLS INCCOM0.17%$532,0002.1K
53PEPPEPSICO INCCOM0.17%$528,0003.7K
54STXSEAGATE TECHNOLOGY HLDNGS PLORD SHS0.17%$523,0001.9K
55KBWBINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · KBW BK ETF · S&P MIDCP LOW0.17%$519,0007.2K
56GLDSPDR GOLD TRGOLD SHS0.16%$501,0001.3K
57CLCOLGATE PALMOLIVE COCOM0.15%$466,0005.9K
58PMPHILIP MORRIS INTL INCCOM0.14%$449,0002.8K
59AXPAMERICAN EXPRESS COCOM0.13%$422,0001.1K
60EOGEOG RES INCCOM0.13%$420,0004.0K
61MLMMARTIN MARIETTA MATLS INCCOM0.12%$367,000589
62ADPAUTOMATIC DATA PROCESSING INCOM0.11%$360,0001.4K
63BACBANK AMERICA CORPCOM0.11%$359,0006.5K
64GE AEROSPACECOM NEW0.10%$308,0001.0K
65VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.10%$306,0005.7K
66VUSBVANGUARD BD INDEX FDSVANGUARD ULTRA0.10%$300,0006.0K
67MSMORGAN STANLEYCOM NEW0.08%$266,0001.5K
68DGICADONEGAL GROUP INCCL A0.08%$258,00012.9K
69TDIVFIRST TR EXCHANGE TRADED FDNASD TECH DIV · SHS0.08%$254,0003.9K
70GILDGILEAD SCIENCES INCCOM0.08%$246,0002.0K
71CARRCARRIER GLOBAL CORPORATIONCOM0.08%$245,0004.6K
72MRKMERCK &CO INCCOM0.07%$229,0002.2K
73TSLATESLA INCCOM0.07%$225,000500
74VLTOVERALTO CORPCOM SHS0.07%$216,0002.2K
75AMGNAMGEN INCCOM0.06%$203,000620
76OTISOTIS WORLDWIDE CORPCOM0.06%$202,0002.3K
77CSCOCISCO SYS INCCOM0.06%$200,0002.6K
78METAMETA PLATFORMS INCCL A0.06%$198,000300
79FTECFIDELITY COVINGTON TRUSTMSCI INFO TECH I0.06%$188,000837
80COPCONOCOPHILLIPSCOM0.06%$187,0002.0K
81FTVFORTIVE CORPCOM0.06%$180,0003.3K
82APDAIR PRODS &CHEMS INCCOM0.06%$173,000700
83TDGTRANSDIGM GROUP INCCOM0.05%$170,000128
84DLNWISDOMTREE TRUS LARGECAP DIVD0.05%$169,0001.9K
85XPNDFIRST TR EXCHNG TRADED FD VIEXPANDED TECHNOL0.05%$166,0004.6K
86PSXPHILLIPS 66COM0.05%$155,0001.2K
87IEMGISHARES INCCORE MSCI EMKT0.05%$152,0002.3K
88IBMINTERNATIONAL BUSINESS MACHSCOM0.05%$148,000500
89MPCMARATHON PETE CORPCOM0.05%$146,000900
90PFEBINNOVATOR ETFS TRUSTUS EQTY PWR BUF0.04%$140,0003.4K
91CGUSCAPITAL GROUP CORE EQUITY ETSHS CREATION UNI0.04%$138,0003.4K
92KMIKINDER MORGAN INC DELCOM0.04%$137,0005.0K
93NVONOVO-NORDISK A SADR0.04%$134,0002.6K
94NSCNORFOLK SOUTHN CORPCOM0.04%$133,000460
95TFCTRUIST FINL CORPCOM0.04%$127,0002.6K
96CMICUMMINS INCCOM0.04%$125,000244
97GPCGENUINE PARTS COCOM0.04%$123,0001.0K
98PAVEGLOBAL X FDSUS INFR DEV ETF0.04%$120,0002.5K
99CSXCSX CORPCOM0.04%$120,0003.3K
100ANETARISTA NETWORKS INCCOM SHS0.04%$118,000900

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$320M14,170May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$313M12,797Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$283M11,032Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$244M9,591Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$222M9,229May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$226M8,840Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$217M8,186Oct 30, 202413F-HRchanges · EDGAR ↗
Q2 2024$194M7,337Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$167M6,701Apr 29, 202413F-HRchanges · EDGAR ↗
Q4 2023$149M6,186Jan 25, 202413F-HRchanges · EDGAR ↗
Q3 2023$134M6,016Nov 2, 202313F-HRchanges · EDGAR ↗
Q2 2023$134M4,802Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$122M4,493Apr 27, 202313F-HRchanges · EDGAR ↗
Q4 2022$114M4,086Jan 25, 202313F-HRchanges · EDGAR ↗
Q3 2022$103M3,908Oct 20, 202213F-HRchanges · EDGAR ↗
Q2 2022$109M3,975Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$126M3,773May 5, 202213F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.