SEC 13F Intelligence

Managers / Q3 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
$492M
Q3 2023
Positions
254
Filings on Record
31
2019–present window
Filed
Nov 9, 2023
original filing

Summary

Hunter Associates Investment Management LLC reported $492M in U.S.-listed holdings across 254 positions for Q3 2023.

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

Compared with Q2 2023, the fund opened 14 new positions and exited 13.

Portfolio Metrics

Turnover
+5.9%
vs prior filed quarter
Top-10 Concentration
+30.9%
share of reported value
Largest Position
+6.2%
Microsoft Corp Com
New / Exited
14 / 13
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: 73.9%ETP: 21.2%ADR: 2.3%Other: 1.6%REIT: 1.0%Closed-End Fund: 0.1%
  • Common Stock · 73.9% · $364M
  • ETP · 21.2% · $104M
  • ADR · 2.3% · $11M
  • Other · 1.6% · $8M
  • REIT · 1.0% · $5M
  • Closed-End Fund · 0.1% · $313,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BRBRBELLRING BRANDS INC NEW COMNEW+32.7K32.7K+$1M$1M
KVUEKENVUE INC COMNEW+47.9K47.9K+$960,000$960,000
STZCONSTELLATION BRANDS INC CL ANEW+3.2K3.2K+$806,000$806,000
FOURSHIFT4 PMTS INC CL ANEW+12.5K12.5K+$683,000$683,000
SUBISHARES TR SHORT-TERM NATL MUN BD ETF FDNEW+6.5K6.5K+$663,000$663,000
FTREFORTREA HLDGS INC COMNEW+19.8K19.8K+$565,000$565,000
CGDVCAPITAL GROUP DIVID VALUE ETF SHS CREATION UNITNEW+17.1K17.1K+$452,000$452,000
IVVISHARES TR CORE S&P 500 ETFNEW+1.0K1.0K+$433,000$433,000

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

Holdings — Q3 2023

254 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORP COMhistory →COM6.17%$30M96.2K
2AAPLAPPLEhistory →COM5.64%$28M162.0K
3GSLCGOLDMAN SACHS ETF TR ACTIVEBETA U S LARGE CAP EQUITY ETFhistory →ETF4.13%$20M241.0K
4AMGNAMGEN INC COMhistory →COM3.07%$15M56.2K
5IHDGWISDOMTREE TR INTL HEDGED QUALITY DIVID GROWTH FDhistory →ETF2.52%$12M319.9K
6TROWPRICE T ROWE GROUP INC COMhistory →COM2.02%$10M94.8K
7FISVFISERV INC COMhistory →COM1.99%$10M86.7K
8SCHDSCHWAB STRATEGIC TR US DIVIDEND EQUITY ETFhistory →ETF1.88%$9M130.6K
9ACNACCENTURE PLC IRELAND CLASS SHShistory →COM1.79%$9M28.7K
10PEPPEPSICO INC COMhistory →COM1.69%$8M49.1K
11PGPROCTER & GAMBLE CO COMhistory →COM1.67%$8M56.3K
12ISTBISHARES TR CORE 1-5 YR USD BD ETFhistory →ETF1.67%$8M177.2K
13JNJJOHNSON & JOHNSON COMhistory →COM1.65%$8M52.0K
14BOOMDMC GLOBAL INC COMhistory →COM1.64%$8M330.2K
15QQQMINVESCO EXCHANGED TRADED FD TR II NASDAQ 100 ETFhistory →ETF1.63%$8M54.4K
16RMDRESMED INC COMhistory →COM1.54%$8M51.3K
17TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.41%$7M13.7K
18CSCOCISCO SYSTEMS INChistory →COM1.39%$7M127.1K
19AVGOBROADCOM INC COMhistory →COM1.28%$6M7.6K
20OFLXOMEGA FLEX INC COMhistory →COM1.26%$6M78.8K
21FBNDFIDELITY MERRIMACK STR TR TOTAL BD ETFhistory →ETF1.26%$6M142.1K
22EXMOCEXXON MOBIL CORP COMhistory →COM1.21%$6M50.5K
23SHMSPDR SER TR NUVEEN BLOOMBERG BARCLAYS SHORT TERM MUN BD ETFhistory →ETF1.13%$6M120.9K
24LLYLILLY ELI & CO COMhistory →COM1.11%$5M10.2K
25JCPIJ P MORGAN EXCHANGE-TRADED FD TR INFLATION MANAGED BD ETFhistory →ETF1.08%$5M118.1K
26NSRGYNESTLE SA SPONSORED ADR REPSTG REG SHShistory →COM1.01%$5M43.9K
27PFEPFIZER INC COMCOM0.96%$5M142.1K
28TPLTEXAS PAC LD CORP COMCOM0.95%$5M2.6K
29VVISA INC COM CL ACOM0.91%$4M19.3K
30LABORATORY CORP AMER HLDGS COM NEWCOM0.82%$4M20.1K
31NXPINXP SEMICONDUCTORS NV COMCOM0.81%$4M19.8K
32BMYBRISTOL MYERS SQUIBB CO COMCOM0.78%$4M66.2K
33JEPIJ P MORGAN EXCHANGE- TRADED FD TR EQUITY PREMIUM INCOME ETFETF0.78%$4M71.5K
34IWRISHARES TR RUSSELL MID-CAP ETFETF0.76%$4M54.4K
35ABBVABBVIE INC COMCOM0.73%$4M24.2K
36VTEBVANGUARD MUN BD FDS TAX-EXEMPT BD INDEX FD ETFETF0.72%$4M74.1K
37APDAIR PRODS & CHEMS INC COMCOM0.71%$3M12.3K
38PPGPPG INDS INC COMCOM0.68%$3M25.9K
39FNFFIDELITY NATL FINL INC NEW FNF GROUPCOM0.65%$3M76.9K
40AKXANSYS INC COMCOM0.63%$3M10.5K
41IGSBISHARES TR SHORT-TERM CORP BD ETFETF0.62%$3M61.3K
42APTIV PLC SHS COMCOM0.58%$3M29.2K
43HYHYSTER-YALE MATLS HANDLING INC CL ACOM0.58%$3M63.5K
44ABTABBOTT LABS COMCOM0.54%$3M27.6K
45WSOWATSCO INC CL ACOM0.53%$3M6.9K
46COHRCOHERENT CORP COMCOM0.53%$3M79.7K
47INTCINTEL CORP COMCOM0.52%$3M71.8K
48MCDMCDONALDS CORPCOM0.51%$3M9.6K
49CVXCHEVRON CORP NEW COMCOM0.51%$2M14.7K
50SYKSTRYKER CORPCOM0.50%$2M9.1K
51PMPHILIP MORRIS INTL INC COMCOM0.50%$2M26.6K
52NVONOVO NORDISK A.S. ADR FORMERLY NOVO INDUSTRIE A.S. ADRCOM0.47%$2M25.7K
53HOLOGIC INC COMCOM0.44%$2M31.3K
54MSMORGAN STANLEY COM NEWCOM0.43%$2M26.0K
55MOALTRIA GROUP INC COMCOM0.41%$2M48.1K
56VCSHVANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FDETF0.40%$2M26.4K
57ADPAUTOMATIC DATA PROCESSING INC COMCOM0.40%$2M8.2K
58GISGENERAL MILLS INC COMCOM0.39%$2M30.3K
59FDXFEDEX CORP COMCOM0.38%$2M7.1K
60MDLZMONDELEZ INTL INC CL ACOM0.38%$2M26.7K
61MATWMATTHEWS INTL CORP CL A COMCOM0.36%$2M46.1K
62GLWCORNING INC COMCOM0.36%$2M57.7K
63DLRDIGITAL RLTY TR INC COMCOM0.35%$2M14.2K
64MRKMERCK & CO INC NEW COMCOM0.35%$2M16.5K
65FIXCOMFORT SYS USA INC COMCOM0.34%$2M9.7K
66UNHUNITEDHEALTH GROUP INC COMCOM0.34%$2M3.3K
67PANWPALO ALTO NETWORKS INC COMCOM0.33%$2M7.0K
68UPSUNITED PARCEL SVC INC CL BCOM0.33%$2M10.3K
69CVSCVS HEALTH CORP COMCOM0.32%$2M23.1K
70SAIASAIA INC COMCOM0.32%$2M4.0K
71WMWASTE MGMT INC DEL COMCOM0.32%$2M10.3K
72BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWCOM0.31%$2M4.4K
73HHYATT HOTELS CORP COM CL ACOM0.31%$2M14.2K
74IBMINTERNATIONAL BUSINESS MACHS CORP COMCOM0.30%$1M10.4K
75AZOAUTOZONE INCCOM0.30%$1M570
76TRMBTRIMBLE INC COMCOM0.30%$1M27.1K
77LINDLINDBLAD EXPEDITIONS HLDGS INC COMCOM0.29%$1M201.7K
78PNCPNC FINL SVCS GROUP INC COMCOM0.29%$1M11.8K
79GPCGENUINE PARTS CO COMCOM0.29%$1M9.8K
80FAFFIRST AMERN FINL CORP COMCOM0.29%$1M25.2K
81GOOGALPHABET INC CAP STK CL CCOM0.29%$1M10.8K
82JPMJPMORGAN CHASECOM0.29%$1M9.7K
83EXPEEXPEDIA GROUP INC COM NEWCOM0.28%$1M13.5K
84VXFVANGUARD INDEX FDS VANGUARD EXTENDED MKT ETFETF0.28%$1M9.8K
85ODFLOLD DOMINION FREIGHT LINE INC COMCOM0.28%$1M3.4K
86GILDGILEAD SCIENCES INCCOM0.28%$1M18.4K
87RSRELIANCE STL & ALUM CO COMCOM0.28%$1M5.2K
88BRBRBELLRING BRANDS INC NEW COMCOM0.28%$1M32.7K
89TTWOTAKE TWO INTERACTIVE SOFTWARE INC CDT COMCOM0.27%$1M9.6K
90QYLDGLOBAL X FDS NASDAQ 100 COVERED CALL ETFETF0.26%$1M76.5K
91WYWEYERHAEUSER CO COMCOM0.26%$1M41.8K
92SHELSHELL PLC SPONSORED ADR REPSTG ORD SHCOM0.26%$1M19.8K
93TRIBGBPTRINITY BIOTECH PLC SPONS ADR NEWCOM0.26%$1M1.73M
94FNVFRANCO NEV CORP COMCOM0.26%$1M9.5K
95CARRCARRIER GLOBAL CORP COMCOM0.25%$1M22.5K
96SCCOSOUTHERN COPPER CORP DEL COMCOM0.25%$1M16.3K
97JBLJABIL INC COMCOM0.25%$1M9.6K
98WSMWILLIAMS SONOMA INC COMCOM0.24%$1M7.7K
99AMZNAMAZON COM INCCOM0.24%$1M9.3K
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 ↗.