SEC 13F Intelligence

Managers / Q1 2025 · view latest →

HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC

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

Reported Value
$648M
Q1 2025
Positions
247
Filings on Record
31
2019–present window
Filed
Apr 30, 2025
original filing

Summary

Hunter Associates Investment Management LLC reported $648M in U.S.-listed holdings across 247 positions for Q1 2025.

Its largest position, AAPL, represents 5.6% of the portfolio.

Compared with Q4 2024, the fund opened 14 new positions and exited 21.

Portfolio Metrics

Turnover
+6.4%
vs prior filed quarter
Top-10 Concentration
+35.3%
share of reported value
Largest Position
+5.6%
Apple
New / Exited
14 / 21
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: 69.9%ETP: 28.8%ADR: 0.5%REIT: 0.5%Other: 0.1%Other: 0.1%
  • Common Stock · 69.9% · $453M
  • ETP · 28.8% · $187M
  • ADR · 0.5% · $4M
  • REIT · 0.5% · $3M
  • Other · 0.1% · $861,000
  • Other · 0.1% · $911,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WGOWINNEBAGO INDS INC COMNEW+40.9K40.9K+$1M$1M
IAUMISHARES GOLD TR MICRO ISHARES GOLD TR MICRO UNDIVIDED BENEFICIAL INTSNEW+33.5K33.5K+$1M$1M
IWVISHARES TR RUSSELL 3000 ETFNEW+3.0K3.0K+$966,000$966,000
MLMMARTIN MARIETTA MATLS INC COMNEW+2.0K2.0K+$939,000$939,000
RHPRYMAN HOSPITALITY PPTYS INC COMNEW+9.9K9.9K+$907,000$907,000
FCXFREEPORT-MCMORAN INC CL BNEW+8.8K8.8K+$333,000$333,000
GBILGOLDMAN SACHS ETF TR TR ACCESS TREASURY 0-1 YR ETFNEW+3.3K3.3K+$327,000$327,000
FSLRFIRST SOLAR INC COMNEW+2.1K2.1K+$272,000$272,000

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

Holdings — Q1 2025

247 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLEhistory →COM5.56%$36M162.1K
2GSLCGOLDMAN SACHS ETF TR ACTIVEBETA U S LARGE CAP EQUITY ETFhistory →ETF5.30%$34M311.8K
3MSFTMICROSOFT CORP COMhistory →COM5.12%$33M88.3K
4IHDGWISDOMTREE TR INTL HEDGED QUALITY DIVID GROWTH FDhistory →ETF3.37%$22M503.9K
5SCHDSCHWAB STRATEGIC TR US DIVIDEND EQUITY ETFhistory →ETF2.97%$19M689.2K
6FBNDFIDELITY MERRIMACK STR TR TOTAL BD ETFhistory →ETF2.85%$18M404.9K
7FISVFISERV INC COMhistory →COM2.84%$18M83.2K
8ISTBISHARES TR CORE 1-5 YR USD BD ETFhistory →ETF2.72%$18M364.8K
9AMGNAMGEN INC COMhistory →COM2.57%$17M53.4K
10QQQMINVESCO EXCHANGED TRADED FD TR II NASDAQ 100 ETFhistory →ETF2.05%$13M68.6K
11RMDRESMED INC COMhistory →COM1.74%$11M50.2K
12XMHQINVESCO EXCHANGE-TRADED FD TR S&P MIDCAP QUALITY ETFhistory →ETF1.66%$11M118.0K
13TROWPRICE T ROWE GROUP INC COMhistory →COM1.57%$10M111.0K
14AVGOBROADCOM INC COMhistory →COM1.44%$9M55.8K
15PGPROCTER & GAMBLE CO COMhistory →COM1.40%$9M53.4K
16JNJJOHNSON & JOHNSON COMhistory →COM1.26%$8M49.2K
17VTEBVANGUARD MUN BD FDS TAX-EXEMPT BD INDEX FD ETFhistory →ETF1.22%$8M159.8K
18ACNACCENTURE PLC IRELAND CLASS SHShistory →COM1.22%$8M25.2K
19CSCOCISCO SYSTEMS INChistory →COM1.17%$8M123.4K
20TPLTEXAS PAC LD CORP COMhistory →COM1.08%$7M5.3K
21JEPIJ P MORGAN EXCHANGE- TRADED FD TR EQUITY PREMIUM INCOME ETFhistory →ETF1.07%$7M120.9K
22PEPPEPSICO INC COMhistory →COM1.07%$7M46.1K
23FOURSHIFT4 PMTS INC CL Ahistory →COM1.05%$7M83.0K
24VVISA INC COM CL Ahistory →COM1.04%$7M19.1K
25TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.03%$7M13.4K
26LLYLILLY ELI & CO COMhistory →COM1.02%$7M8.0K
27FNFFIDELITY NATL FINL INC NEW FNF GROUPCOM0.93%$6M92.0K
28EXMOCEXXON MOBIL CORP COMCOM0.89%$6M48.5K
29PMPHILIP MORRIS INTL INC COMCOM0.78%$5M31.9K
30BRBRBELLRING BRANDS INC NEW COMCOM0.78%$5M68.1K
31EXPEEXPEDIA GROUP INC COM NEWCOM0.78%$5M29.9K
32ABBVABBVIE INC COMCOM0.76%$5M23.6K
33SHMSPDR SER TR NUVEEN BLOOMBERG BARCLAYS SHORT TERM MUN BD ETFETF0.76%$5M103.0K
34LHLABCORP HLDGS INC COMCOM0.68%$4M19.0K
35SGOVISHARES TR ISHARES 0-3 MNTH TREAS BD ETFETF0.62%$4M40.1K
36BOOMDMC GLOBAL INC COMCOM0.60%$4M461.4K
37SAIASAIA INC COMCOM0.59%$4M11.0K
38NXPINXP SEMICONDUCTORS NV COMCOM0.58%$4M19.8K
39FDXFEDEX CORP COMCOM0.56%$4M15.0K
40GLWCORNING INC COMCOM0.56%$4M78.8K
41CVXCHEVRON CORP NEW COMCOM0.56%$4M21.5K
42CHDNCHURCHILL DOWNS INCCOM0.56%$4M32.4K
43ABTABBOTT LABS COMCOM0.54%$3M26.3K
44JLLJONES LANG LASALLE INC COMCOM0.53%$3M14.1K
45AKXANSYS INC COMCOM0.51%$3M10.5K
46IBMINTERNATIONAL BUSINESS MACHS CORP COMCOM0.51%$3M13.2K
47CGDVCAPITAL GROUP DIVID VALUE ETFETF0.50%$3M91.6K
48WSOWATSCO INC CL ACOM0.49%$3M6.2K
49TRMBTRIMBLE INC COMCOM0.49%$3M47.9K
50PFEPFIZER INC COMCOM0.47%$3M121.5K
51MCDMCDONALDS CORPCOM0.47%$3M9.8K
52APLDAPPLIED DIGITAL CORP COM NEWCOM0.47%$3M535.9K
53SYKSTRYKER CORPCOM0.46%$3M8.0K
54MSMORGAN STANLEY COM NEWCOM0.46%$3M25.5K
55MOALTRIA GROUP INC COMCOM0.43%$3M46.1K
56OFLXOMEGA FLEX INC COMCOM0.42%$3M78.4K
57GOOGALPHABET INC CAP STK CL CCOM0.41%$3M17.1K
58FAFFIRST AMERN FINL CORP COMCOM0.41%$3M40.8K
59TTWOTAKE TWO INTERACTIVE SOFTWARE INC CDT COMCOM0.40%$3M12.5K
60JPMJPMORGAN CHASECOM0.40%$3M10.5K
61ELMDELECTROMED INC COMCOM0.38%$2M102.5K
62WMWASTE MGMT INC DEL COMCOM0.38%$2M10.5K
63IGSBISHARES TR SHORT-TERM CORP BD ETFETF0.38%$2M46.5K
64JBLJABIL INC COMCOM0.37%$2M17.5K
65BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWCOM0.36%$2M4.3K
66ADPAUTOMATIC DATA PROCESSING INC COMCOM0.35%$2M7.5K
67GPCGENUINE PARTS CO COMCOM0.35%$2M19.1K
68FIXCOMFORT SYS USA INC COMCOM0.35%$2M7.1K
69MDLZMONDELEZ INTL INC CL ACOM0.35%$2M33.4K
70AZOAUTOZONE INCCOM0.35%$2M588
71AMZNAMAZON COM INCCOM0.33%$2M11.3K
72PPGPPG INDS INC COMCOM0.33%$2M19.6K
73SJMSMUCKER J M CO COM NEWCOM0.33%$2M18.0K
74PLMRPALOMAR HLDGS INC COMCOM0.33%$2M15.5K
75CGCPCAPITAL GROUP FIXED INCOME ETF TR CORE PLUS INCOME ETFETF0.32%$2M92.9K
76HHYATT HOTELS CORP COM CL ACOM0.32%$2M17.0K
77PNCPNC FINL SVCS GROUP INC COMCOM0.32%$2M11.8K
78CBRECBRE GROUP INC CL ACOM0.32%$2M15.8K
79LINDLINDBLAD EXPEDITIONS HLDGS INC COMCOM0.32%$2M221.9K
80RSRELIANCE STL & ALUM CO COMCOM0.32%$2M7.1K
81SNASNAP ON INC COMCOM0.31%$2M6.1K
82QYLDGLOBAL X FDS NASDAQ 100 COVERED CALL ETFETF0.31%$2M118.9K
83DLRDIGITAL RLTY TR INC COMCOM0.30%$2M13.7K
84ODFLOLD DOMINION FREIGHT LINE INC COMCOM0.28%$2M11.2K
85GILDGILEAD SCIENCES INCCOM0.28%$2M16.3K
86IMCGISHARES TR MORNINGSTAR MID CAP GROWTH ETFETF0.27%$2M24.8K
87SMGTHE SCOTTS MIRACLE GRO CO HLDG COCOM0.26%$2M31.2K
88GISGENERAL MILLS INC COMCOM0.26%$2M28.4K
89HOLOGIC INC COMCOM0.26%$2M27.6K
90VBVANGUARD INDEX FDS VANGUARD SMALL-CAP ETFETF0.26%$2M7.6K
91TXNTEXAS INSTRUMENTS INCCOM0.25%$2M9.0K
92PRKSUNITED PARKS & RESORTS INC COMCOM0.25%$2M34.7K
93GENERAL ELEC CO COM NEWCOM0.24%$2M7.7K
94NVONOVO NORDISK A.S. ADR FORMERLY NOVO INDUSTRIE A.S. ADRCOM0.23%$2M21.9K
95UNHUNITEDHEALTH GROUP INC COMCOM0.23%$1M2.8K
96BROBROWN & BROWN INCCOM0.23%$1M11.8K
97FISFIDELITY NATL INFORMATION SVCS INC COMCOM0.22%$1M19.1K
98WGOWINNEBAGO INDS INC COMCOM0.22%$1M40.9K
99CARRCARRIER GLOBAL CORP COMCOM0.22%$1M22.0K
100VXFVANGUARD INDEX FDS VANGUARD EXTENDED MKT ETFETF0.21%$1M7.8K

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 ↗.