SEC 13F Intelligence

Managers / Q1 2023 · view latest →

HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC

CIK 0001380137 · 436 SEVENTH AVENUE, KOPPERS BUILDING 27TH FLOOR, PITTSBURGH, PA, 15219 · 412-765-8927

Reported Value
$467M
Q1 2023
Positions
261
Filings on Record
31
2019–present window
Filed
May 2, 2023
original filing

Summary

Hunter Associates Investment Management LLC reported $467M in U.S.-listed holdings across 261 positions for Q1 2023.

Its largest position, AAPL, represents 6.2% of the portfolio.

Compared with Q4 2022, the fund opened 36 new positions and exited 11.

Portfolio Metrics

Turnover
+4.8%
vs prior filed quarter
Top-10 Concentration
+30.2%
share of reported value
Largest Position
+6.2%
Apple
New / Exited
36 / 11
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
Q4 ’18: $246MQ4 ’18Q1 ’19: $286MQ2 ’19: $291MQ3 ’19: $291MQ4 ’19: $322MQ4 ’19Q1 ’20: $258MQ2 ’20: $337MQ3 ’20: $360MQ4 ’20: $407MQ4 ’20Q1 ’21: $433MQ2 ’21: $321MQ3 ’21: $311MQ4 ’21: $350MQ4 ’21Q1 ’22: $311MQ2 ’22: $405MQ3 ’22: $386MQ4 ’22: $415MQ4 ’22Q1 ’23: $467MQ2 ’23: $512MQ3 ’23: $492MQ4 ’23: $546MQ4 ’23Q1 ’24: $595MQ2 ’24: $595MQ3 ’24: $646MQ4 ’24: $657MQ4 ’24Q1 ’25: $648MQ2 ’25: $674MQ3 ’25: $719MQ4 ’25: $748MQ4 ’25Q1 ’26: $756Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 75.8%ETP: 18.7%ADR: 2.6%Other: 1.8%REIT: 1.1%Closed-End Fund: 0.1%
  • Common Stock · 75.8% · $354M
  • ETP · 18.7% · $87M
  • ADR · 2.6% · $12M
  • Other · 1.8% · $8M
  • REIT · 1.1% · $5M
  • Closed-End Fund · 0.1% · $302,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MATWMATTHEWS INTL CORP CL A COMNEW+24.3K24.3K+$873,000$873,000
AZOAUTOZONE INCNEW+340340+$828,000$828,000
RSRELIANCE STL & ALUM CO COMNEW+2.9K2.9K+$740,000$740,000
TRMBTRIMBLE INC COMNEW+13.9K13.9K+$728,000$728,000
ODFLOLD DOMINION FREIGHT LINE INC COMNEW+2.1K2.1K+$711,000$711,000
FDXFEDEX CORP COMNEW+3.1K3.1K+$707,000$707,000
SOVOS BRANDS INC COMNEW+40.5K40.5K+$677,000$677,000
CNKCINEMARK HLDGS INC COMNEW+42.8K42.8K+$640,000$640,000

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

Holdings — Q1 2023

261 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLEhistory →COM6.24%$29M176.8K
2MSFTMICROSOFT CORP COMhistory →COM5.90%$28M95.5K
3GSLCGOLDMAN SACHS ETF TR ACTIVEBETA U S LARGE CAP EQUITY ETFhistory →ETF3.31%$15M190.5K
4AMGNAMGEN INC COMhistory →COM2.86%$13M55.4K
5RMDRESMED INC COMhistory →COM2.37%$11M50.4K
6TROWPRICE T ROWE GROUP INC COMhistory →COM1.95%$9M80.6K
7FISVFISERV INC COMhistory →COM1.90%$9M78.5K
8JNJJOHNSON & JOHNSON COMhistory →COM1.89%$9M57.0K
9ISTBISHARES TR CORE 1-5 YR USD BD ETFhistory →ETF1.87%$9M185.3K
10OFLXOMEGA FLEX INC COMhistory →COM1.87%$9M78.2K
11PEPPEPSICO INC COMhistory →COM1.81%$8M46.5K
12TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.81%$8M14.6K
13PGPROCTER & GAMBLE CO COMhistory →COM1.76%$8M55.2K
14IHDGWISDOMTREE TR INTL HEDGED QUALITY DIVID GROWTH FDhistory →ETF1.75%$8M207.1K
15ACNACCENTURE PLC IRELAND CLASS SHShistory →COM1.71%$8M28.0K
16BOOMDMC GLOBAL INC COMhistory →COM1.53%$7M324.9K
17FLOTISHARES TR FLTG RATE NT ETFhistory →ETF1.51%$7M140.0K
18CSCOCISCO SYSTEMS INChistory →COM1.35%$6M120.6K
19JCPIJ P MORGAN EXCHANGE-TRADED FD TR INFLATION MANAGED BD ETFhistory →ETF1.27%$6M125.0K
20PFEPFIZER INC COMhistory →COM1.26%$6M144.1K
21SHMSPDR SER TR NUVEEN BLOOMBERG BARCLAYS SHORT TERM MUN BD ETFhistory →ETF1.23%$6M120.9K
22SCHDSCHWAB STRATEGIC TR US DIVIDEND EQUITY ETFhistory →ETF1.22%$6M77.8K
23QQQMINVESCO EXCHANGED TRADED FD TR II NASDAQ 100 ETFhistory →ETF1.18%$6M41.9K
24EXMOCEXXON MOBIL CORP COMhistory →COM1.16%$5M49.6K
25NSRGYNESTLE SA SPONSORED ADR REPSTG REG SHShistory →COM1.14%$5M43.8K
26TPLTEXAS PAC LD CORP COMCOM0.98%$5M2.7K
27AVGOBROADCOM INC COMCOM0.96%$4M7.0K
28LABORATORY CORP AMER HLDGS COM NEWCOM0.96%$4M19.5K
29VVISA INC COM CL ACOM0.94%$4M19.3K
30DISDISNEY WALT CO DISNEY COMCOM0.91%$4M42.3K
31BMYBRISTOL MYERS SQUIBB CO COMCOM0.87%$4M58.6K
32ABBVABBVIE INC COMCOM0.84%$4M24.7K
33APDAIR PRODS & CHEMS INC COMCOM0.84%$4M13.7K
34NXPINXP SEMICONDUCTORS NV COMCOM0.79%$4M19.8K
35HYHYSTER-YALE MATLS HANDLING INC CL ACOM0.75%$3M69.9K
36PPGPPG INDS INC COMCOM0.74%$3M26.0K
37LLYLILLY ELI & CO COMCOM0.71%$3M9.6K
38AKXANSYS INC COMCOM0.70%$3M9.8K
39IGSBISHARES TR SHORT-TERM CORP BD ETFETF0.68%$3M63.1K
40CVSCVS HEALTH CORP COMCOM0.67%$3M42.0K
41PMPHILIP MORRIS INTL INC COMCOM0.62%$3M29.7K
42MCDMCDONALDS CORPCOM0.62%$3M10.3K
43ABTABBOTT LABS COMCOM0.61%$3M28.0K
44MRKMERCK & CO INC NEW COMCOM0.59%$3M26.1K
45IWRISHARES TR RUSSELL MID-CAP ETFETF0.58%$3M38.7K
46COHRCOHERENT CORP COMCOM0.57%$3M69.9K
47SYKSTRYKER CORPCOM0.56%$3M9.1K
48GISGENERAL MILLS INC COMCOM0.55%$3M30.1K
49HOLOGIC INC COMCOM0.54%$3M31.4K
50APTIV PLC SHS COMCOM0.54%$3M22.6K
51WSOWATSCO INC CL ACOM0.54%$3M7.9K
52MOALTRIA GROUP INC COMCOM0.53%$2M55.1K
53CVXCHEVRON CORP NEW COMCOM0.52%$2M14.8K
54FNFFIDELITY NATL FINL INC NEW FNF GROUPCOM0.50%$2M67.2K
55MSMORGAN STANLEY COM NEWCOM0.50%$2M26.6K
56JEPIJ P MORGAN EXCHANGE- TRADED FD TR EQUITY PREMIUM INCOME ETFETF0.49%$2M42.3K
57INTCINTEL CORP COMCOM0.48%$2M68.8K
58UPSUNITED PARCEL SVC INC CL BCOM0.47%$2M11.2K
59NVONOVO NORDISK A.S. ADR FORMERLY NOVO INDUSTRIE A.S. ADRCOM0.43%$2M12.7K
60FIXCOMFORT SYS USA INC COMCOM0.43%$2M13.9K
61VCSHVANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FDETF0.42%$2M25.5K
62LINDLINDBLAD EXPEDITIONS HLDGS INC COMCOM0.40%$2M195.9K
63VZVERIZON COMMUNICATIONS INC COMCOM0.38%$2M45.9K
64GILDGILEAD SCIENCES INCCOM0.37%$2M20.9K
65VTEBVANGUARD MUN BD FDS TAX-EXEMPT BD INDEX FD ETFETF0.37%$2M34.3K
66WMWASTE MGMT INC DEL COMCOM0.36%$2M10.4K
67TRIBGBPTRINITY BIOTECH PLC SPONS ADR NEWCOM0.36%$2M1.78M
68ADPAUTOMATIC DATA PROCESSING INC COMCOM0.35%$2M7.2K
69FNVFRANCO NEV CORP COMCOM0.34%$2M11.0K
70GLWCORNING INC COMCOM0.34%$2M44.8K
71VIGVANGUARD SPECIALIZED FUNDS VANGUARD DIVIDEND APPRECIATION ETFETF0.33%$2M10.1K
72UNHUNITEDHEALTH GROUP INC COMCOM0.33%$2M3.3K
73NEENEXTERA ENERGY INC COMCOM0.32%$1M19.4K
74DLRDIGITAL RLTY TR INC COMCOM0.31%$1M14.8K
75MDLZMONDELEZ INTL INC CL ACOM0.31%$1M20.7K
76VXFVANGUARD INDEX FDS VANGUARD EXTENDED MKT ETFETF0.31%$1M10.2K
77PNCPNC FINL SVCS GROUP INC COMCOM0.30%$1M11.0K
78BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWCOM0.29%$1M4.5K
79IBMINTERNATIONAL BUSINESS MACHS CORP COMCOM0.29%$1M10.2K
80SHELSHELL PLC SPONSORED ADR REPSTG ORD SHCOM0.28%$1M23.0K
81WYWEYERHAEUSER CO COMCOM0.28%$1M43.0K
82MUBISHARES TR NATL MUN BD ETF FDETF0.28%$1M12.1K
83SCCOSOUTHERN COPPER CORP DEL COMCOM0.28%$1M16.9K
84JPMJPMORGAN CHASECOM0.28%$1M9.9K
85PANWPALO ALTO NETWORKS INC COMCOM0.26%$1M6.0K
86HONHONEYWELL INTL INC COMCOM0.25%$1M6.1K
87GOOGALPHABET INC CAP STK CL CCOM0.23%$1M10.4K
88FISFIDELITY NATL INFORMATION SVCS INC COMCOM0.22%$1M18.9K
89CARRCARRIER GLOBAL CORP COMCOM0.22%$1M22.4K
90KOCOCA COLA COMPANYCOM0.21%$989,00015.9K
91AMZNAMAZON COM INCCOM0.21%$975,0009.4K
92IMCGISHARES TR MORNINGSTAR MID CAP GROWTH ETFETF0.21%$966,00016.7K
93LMTLOCKHEED MARTIN CORP COMCOM0.20%$945,0002.0K
94ROKROCKWELL AUTOMATION INC COM FORMERLY ROCKWELL INTL CORPCOM0.19%$906,0003.1K
95FAFFIRST AMERN FINL CORP COMCOM0.19%$896,00016.1K
96WTWWILLIS TOWERS WATSON PUB LTD CO SHSCOM0.19%$884,0003.8K
97MATWMATTHEWS INTL CORP CL A COMCOM0.19%$873,00024.3K
98UNPUNION PAC CORP COMCOM0.18%$852,0004.3K
99AZOAUTOZONE INCCOM0.18%$828,000340
100NDAQNASDAQ INC COMCOM0.18%$818,00015.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$756M274Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$748M249Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$719M256Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025$674M251Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$648M247Apr 30, 202513F-HRchanges · EDGAR ↗
Q4 2024$657M254Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$646M257Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$595M252Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$595M259May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$546M263Jan 31, 202413F-HRchanges · EDGAR ↗
Q3 2023$492M254Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$512M253Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$467M261May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$415M236Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$386M226Nov 2, 202213F-HRchanges · EDGAR ↗
Q2 2022$405M230Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$311M147Apr 26, 202213F-HRchanges · EDGAR ↗
Q4 2021$350M157Jan 27, 202213F-HRchanges · EDGAR ↗
Q3 2021$311M150Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$321M141Aug 5, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$433M208May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$407M203Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$360M188Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$337M181Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$258M155May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$322M173Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$291M164Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$291M166Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$286M164May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$246M155Feb 11, 201913F-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 ↗.