SEC 13F Intelligence

Managers / Q2 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
$512M
Q2 2023
Positions
253
Filings on Record
31
2019–present window
Filed
Aug 3, 2023
original filing

Summary

Hunter Associates Investment Management LLC reported $512M in U.S.-listed holdings across 253 positions for Q2 2023.

Its largest position, AAPL, represents 6.6% of the portfolio.

Compared with Q1 2023, the fund opened 6 new positions and exited 14.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+31.7%
share of reported value
Largest Position
+6.6%
Apple
New / Exited
6 / 14
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: 74.0%ETP: 21.0%ADR: 2.3%Other: 1.8%REIT: 0.9%Closed-End Fund: 0.1%
  • Common Stock · 74.0% · $378M
  • ETP · 21.0% · $108M
  • ADR · 2.3% · $12M
  • Other · 1.8% · $9M
  • REIT · 0.9% · $4M
  • Closed-End Fund · 0.1% · $303,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SYMSYMBOTIC INC CL ANEW+18.1K18.1K+$774,000$774,000
TTEKTETRA TECH INC NEW COMNEW+4.2K4.2K+$688,000$688,000
APLDAPPLIED DIGITAL CORP COM NEWNEW+64.1K64.1K+$594,000$594,000
CLFCLEVELAND-CLIFFS INC NEW COMNEW+11.0K11.0K+$184,000$184,000
KEYKEYCORP NEW COMNEW+16.7K16.7K+$154,000$154,000
BZAM LTD REGISTERED SHSNEW+33.1K33.1K+$6,000$6,000
FBNDFIDELITY MERRIMACK STR TR TOTAL BD ETFADDED+95.2K105.2K+$4M$5M
CHDNCHURCHILL DOWNS INCADDED+6.7K8.3K+$742,000$1M

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

Holdings — Q2 2023

253 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLEhistory →COM6.60%$34M174.0K
2MSFTMICROSOFT CORP COMhistory →COM6.32%$32M95.0K
3GSLCGOLDMAN SACHS ETF TR ACTIVEBETA U S LARGE CAP EQUITY ETFhistory →ETF3.92%$20M229.5K
4AMGNAMGEN INC COMhistory →COM2.40%$12M55.4K
5ISTBISHARES TR CORE 1-5 YR USD BD ETFhistory →ETF2.31%$12M253.8K
6IHDGWISDOMTREE TR INTL HEDGED QUALITY DIVID GROWTH FDhistory →ETF2.24%$11M285.8K
7RMDRESMED INC COMhistory →COM2.09%$11M48.8K
8FISVFISERV INC COMhistory →COM2.04%$10M82.7K
9TROWPRICE T ROWE GROUP INC COMhistory →COM1.91%$10M87.2K
10JNJJOHNSON & JOHNSON COMhistory →COM1.83%$9M56.4K
11PEPPEPSICO INC COMhistory →COM1.69%$9M46.7K
12ACNACCENTURE PLC IRELAND CLASS SHShistory →COM1.67%$9M27.7K
13SCHDSCHWAB STRATEGIC TR US DIVIDEND EQUITY ETFhistory →ETF1.63%$8M114.9K
14PGPROCTER & GAMBLE CO COMhistory →COM1.63%$8M54.9K
15OFLXOMEGA FLEX INC COMhistory →COM1.59%$8M78.2K
16QQQMINVESCO EXCHANGED TRADED FD TR II NASDAQ 100 ETFhistory →ETF1.44%$7M48.5K
17TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.42%$7M13.9K
18CSCOCISCO SYSTEMS INChistory →COM1.22%$6M120.6K
19AVGOBROADCOM INC COMhistory →COM1.22%$6M7.2K
20BOOMDMC GLOBAL INC COMhistory →COM1.17%$6M337.8K
21SHMSPDR SER TR NUVEEN BLOOMBERG BARCLAYS SHORT TERM MUN BD ETFhistory →ETF1.11%$6M120.9K
22JCPIJ P MORGAN EXCHANGE-TRADED FD TR INFLATION MANAGED BD ETFhistory →ETF1.07%$5M118.2K
23EXMOCEXXON MOBIL CORP COMhistory →COM1.04%$5M49.4K
24PFEPFIZER INC COMhistory →COM1.03%$5M143.9K
25NSRGYNESTLE SA SPONSORED ADR REPSTG REG SHShistory →COM1.00%$5M42.6K
26FBNDFIDELITY MERRIMACK STR TR TOTAL BD ETFETF0.93%$5M105.2K
27LLYLILLY ELI & CO COMCOM0.93%$5M10.1K
28LABORATORY CORP AMER HLDGS COM NEWCOM0.92%$5M19.5K
29VVISA INC COM CL ACOM0.89%$5M19.1K
30FLOTISHARES TR FLTG RATE NT ETFETF0.82%$4M83.0K
31NXPINXP SEMICONDUCTORS NV COMCOM0.79%$4M19.8K
32BMYBRISTOL MYERS SQUIBB CO COMCOM0.77%$4M62.1K
33PPGPPG INDS INC COMCOM0.75%$4M26.0K
34COHRCOHERENT CORP COMCOM0.75%$4M75.6K
35IWRISHARES TR RUSSELL MID-CAP ETFETF0.73%$4M51.1K
36APDAIR PRODS & CHEMS INC COMCOM0.73%$4M12.5K
37DISDISNEY WALT CO DISNEY COMCOM0.71%$4M40.7K
38HYHYSTER-YALE MATLS HANDLING INC CL ACOM0.70%$4M64.2K
39JEPIJ P MORGAN EXCHANGE- TRADED FD TR EQUITY PREMIUM INCOME ETFETF0.68%$3M63.3K
40TPLTEXAS PAC LD CORP COMCOM0.68%$3M2.6K
41VTEBVANGUARD MUN BD FDS TAX-EXEMPT BD INDEX FD ETFETF0.64%$3M65.5K
42ABBVABBVIE INC COMCOM0.64%$3M24.3K
43AKXANSYS INC COMCOM0.63%$3M9.8K
44IGSBISHARES TR SHORT-TERM CORP BD ETFETF0.60%$3M61.6K
45MCDMCDONALDS CORPCOM0.60%$3M10.3K
46ABTABBOTT LABS COMCOM0.59%$3M27.6K
47PMPHILIP MORRIS INTL INC COMCOM0.54%$3M28.4K
48SYKSTRYKER CORPCOM0.54%$3M9.1K
49FNFFIDELITY NATL FINL INC NEW FNF GROUPCOM0.52%$3M73.3K
50WSOWATSCO INC CL ACOM0.50%$3M6.8K
51HOLOGIC INC COMCOM0.49%$3M31.3K
52GISGENERAL MILLS INC COMCOM0.45%$2M30.0K
53APTIV PLC SHS COMCOM0.45%$2M22.6K
54MOALTRIA GROUP INC COMCOM0.45%$2M50.3K
55INTCINTEL CORP COMCOM0.44%$2M68.0K
56CVXCHEVRON CORP NEW COMCOM0.44%$2M14.3K
57MSMORGAN STANLEY COM NEWCOM0.44%$2M26.1K
58LINDLINDBLAD EXPEDITIONS HLDGS INC COMCOM0.43%$2M204.4K
59CVSCVS HEALTH CORP COMCOM0.43%$2M32.1K
60NVONOVO NORDISK A.S. ADR FORMERLY NOVO INDUSTRIE A.S. ADRCOM0.40%$2M12.7K
61MRKMERCK & CO INC NEW COMCOM0.39%$2M17.3K
62MATWMATTHEWS INTL CORP CL A COMCOM0.39%$2M46.6K
63FIXCOMFORT SYS USA INC COMCOM0.38%$2M11.8K
64UPSUNITED PARCEL SVC INC CL BCOM0.36%$2M10.4K
65VCSHVANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FDETF0.36%$2M24.3K
66WMWASTE MGMT INC DEL COMCOM0.36%$2M10.5K
67MDLZMONDELEZ INTL INC CL ACOM0.35%$2M24.5K
68GLWCORNING INC COMCOM0.34%$2M49.1K
69TRIBGBPTRINITY BIOTECH PLC SPONS ADR NEWCOM0.32%$2M1.72M
70PANWPALO ALTO NETWORKS INC COMCOM0.32%$2M6.4K
71GILDGILEAD SCIENCES INCCOM0.31%$2M20.8K
72ADPAUTOMATIC DATA PROCESSING INC COMCOM0.31%$2M7.2K
73UNHUNITEDHEALTH GROUP INC COMCOM0.31%$2M3.3K
74VIGVANGUARD SPECIALIZED FUNDS VANGUARD DIVIDEND APPRECIATION ETFETF0.30%$2M9.5K
75DLRDIGITAL RLTY TR INC COMCOM0.29%$1M13.1K
76VXFVANGUARD INDEX FDS VANGUARD EXTENDED MKT ETFETF0.29%$1M10.0K
77PNCPNC FINL SVCS GROUP INC COMCOM0.28%$1M11.4K
78ODFLOLD DOMINION FREIGHT LINE INC COMCOM0.28%$1M3.8K
79WYWEYERHAEUSER CO COMCOM0.27%$1M41.9K
80FDXFEDEX CORP COMCOM0.27%$1M5.7K
81IBMINTERNATIONAL BUSINESS MACHS CORP COMCOM0.27%$1M10.4K
82BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWCOM0.27%$1M4.1K
83FAFFIRST AMERN FINL CORP COMCOM0.27%$1M24.4K
84JPMJPMORGAN CHASECOM0.27%$1M9.5K
85RSRELIANCE STL & ALUM CO COMCOM0.27%$1M5.1K
86NEENEXTERA ENERGY INC COMCOM0.27%$1M18.6K
87VZVERIZON COMMUNICATIONS INC COMCOM0.27%$1M37.1K
88SOVOS BRANDS INC COMCOM0.27%$1M69.8K
89FNVFRANCO NEV CORP COMCOM0.27%$1M9.5K
90TTWOTAKE TWO INTERACTIVE SOFTWARE INC CDT COMCOM0.27%$1M9.2K
91TRMBTRIMBLE INC COMCOM0.26%$1M25.5K
92SHELSHELL PLC SPONSORED ADR REPSTG ORD SHCOM0.26%$1M22.2K
93HHYATT HOTELS CORP COM CL ACOM0.26%$1M11.6K
94AZOAUTOZONE INCCOM0.26%$1M539
95GPCGENUINE PARTS CO COMCOM0.26%$1M7.8K
96EXPEEXPEDIA GROUP INC COM NEWCOM0.25%$1M11.7K
97GOOGALPHABET INC CAP STK CL CCOM0.25%$1M10.4K
98SAIASAIA INC COMCOM0.24%$1M3.6K
99HONHONEYWELL INTL INC COMCOM0.24%$1M6.0K
100MUBISHARES TR NATL MUN BD ETF FDETF0.23%$1M11.2K

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 ↗.