SEC 13F Intelligence

Managers / Q4 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
$748M
Q4 2025
Positions
249
Filings on Record
31
2019–present window
Filed
Jan 21, 2026
original filing

Summary

Hunter Associates Investment Management LLC reported $748M in U.S.-listed holdings across 249 positions for Q4 2025.

Its largest position, GSLC, represents 6.3% of the portfolio.

Compared with Q3 2025, the fund opened 13 new positions and exited 20.

Portfolio Metrics

Turnover
+6.1%
vs prior filed quarter
Top-10 Concentration
+36.2%
share of reported value
Largest Position
+6.3%
Goldman Sachs Etf Tr Activebeta U S Large Cap Equity Etf
New / Exited
13 / 20
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: 65.0%ETP: 33.7%ADR: 0.5%REIT: 0.5%Other: 0.1%Other: 0.1%
  • Common Stock · 65.0% · $487M
  • ETP · 33.7% · $252M
  • ADR · 0.5% · $4M
  • REIT · 0.5% · $4M
  • Other · 0.1% · $574,000
  • Other · 0.1% · $810,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RBB FD INC F/M EMERALD SPL SITUATIONS ETFNEW+152.2K152.2K+$4M$4M
VPGVISHAY PRECISION GROUP INC COMNEW+63.6K63.6K+$2M$2M
OTISOTIS WORLDWIDE CORP COMNEW+11.7K11.7K+$1M$1M
ULUNILEVER PLC SPONSORED ADR NEW 2025NEW+6.6K6.6K+$431,000$431,000
ISHARES TR ESG SCREENED S&P MID-CAP ETFNEW+9.2K9.2K+$411,000$411,000
IWDISHARES TR RUSSELL 1000 VALUE ETFNEW+1.6K1.6K+$342,000$342,000
RSPINVESCO EXCHANGE-TRADED FD TR S&P 500 EQUAL WEIGHT ETFNEW+1.8K1.8K+$340,000$340,000
IWFISHARES TR RUSSELL 1000 GROWTH ETFNEW+700700+$331,000$331,000

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

Holdings — Q4 2025

249 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GSLCGOLDMAN SACHS ETF TR ACTIVEBETA U S LARGE CAP EQUITY ETFhistory →ETF6.31%$47M356.4K
2MSFTMICROSOFT CORP COMhistory →COM5.40%$40M83.5K
3AAPLAPPLEhistory →COM5.28%$39M145.2K
4FBNDFIDELITY MERRIMACK STR TR TOTAL BD ETFhistory →ETF3.48%$26M565.3K
5IHDGWISDOMTREE TR INTL HEDGED QUALITY DIVID GROWTH FDhistory →ETF3.18%$24M488.8K
6QQQMINVESCO EXCHANGED TRADED FD TR II NASDAQ 100 ETFhistory →ETF3.02%$23M89.0K
7ISTBISHARES TR CORE 1-5 YR USD BD ETFhistory →ETF2.91%$22M446.6K
8AVGOBROADCOM INC COMhistory →COM2.24%$17M48.4K
9AMGNAMGEN INC COMhistory →COM2.23%$17M51.0K
10XMHQINVESCO EXCHANGE-TRADED FD TR S&P MIDCAP QUALITY ETFhistory →ETF2.20%$16M160.8K
11SCHDSCHWAB STRATEGIC TR US DIVIDEND EQUITY ETFhistory →ETF2.12%$16M577.3K
12CGMUCAPITAL GROUP FIXED INCOME ETF TR MUN INCOME ETFhistory →ETF1.83%$14M499.9K
13APLDAPPLIED DIGITAL CORP COM NEWhistory →COM1.62%$12M495.0K
14TROWPRICE T ROWE GROUP INC COMhistory →COM1.43%$11M104.9K
15CGDVCAPITAL GROUP DIVID VALUE ETFhistory →ETF1.34%$10M230.7K
16RMDRESMED INC COMhistory →COM1.34%$10M41.8K
17JNJJOHNSON & JOHNSON COMhistory →COM1.24%$9M45.0K
18CSCOCISCO SYSTEMS INChistory →COM1.20%$9M116.4K
19LLYLILLY ELI & CO COMhistory →COM1.06%$8M7.4K
20EXPEEXPEDIA GROUP INC COM NEWCOM0.98%$7M26.0K
21PGPROCTER & GAMBLE CO COMCOM0.97%$7M50.8K
22JEPIJ P MORGAN EXCHANGE- TRADED FD TR EQUITY PREMIUM INCOME ETFETF0.97%$7M126.4K
23FOURSHIFT4 PMTS INC CL ACOM0.96%$7M113.6K
24SAIASAIA INC COMCOM0.96%$7M21.9K
25VVISA INC COM CL ACOM0.89%$7M19.0K
26GLWCORNING INC COMCOM0.89%$7M75.6K
27TMOTHERMO FISHER SCIENTIFIC INCCOM0.85%$6M10.9K
28ACNACCENTURE PLC IRELAND CLASS SHSCOM0.83%$6M23.0K
29GOOGALPHABET INC CAP STK CL CCOM0.79%$6M18.8K
30HHYATT HOTELS CORP COM CL ACOM0.79%$6M36.7K
31PEPPEPSICO INC COMCOM0.78%$6M40.6K
32EXMOCEXXON MOBIL CORP COMCOM0.72%$5M44.7K
33ABBVABBVIE INC COMCOM0.71%$5M23.1K
34JLLJONES LANG LASALLE INC COMCOM0.69%$5M15.3K
35IBMINTERNATIONAL BUSINESS MACHS CORP COMCOM0.68%$5M17.1K
36PMPHILIP MORRIS INTL INC COMCOM0.62%$5M29.0K
37FDXFEDEX CORP COMCOM0.61%$5M15.9K
38FNFFIDELITY NATL FINL INC NEW FNF GROUPCOM0.60%$4M82.2K
39CGCPCAPITAL GROUP FIXED INCOME ETF TR CORE PLUS INCOME ETFETF0.60%$4M197.2K
40SGOVISHARES TR ISHARES 0-3 MNTH TREAS BD ETFETF0.57%$4M42.6K
41LHLABCORP HLDGS INC COMCOM0.56%$4M16.7K
42RBB FD INC F/M EMERALD SPL SITUATIONS ETFETF0.53%$4M152.2K
43NXPINXP SEMICONDUCTORS NV COMCOM0.52%$4M17.8K
44JBLJABIL INC COMCOM0.52%$4M16.9K
45ELMDELECTROMED INC COMCOM0.47%$4M120.5K
46TPLTEXAS PAC LD CORP COMCOM0.47%$4M12.2K
47CVXCHEVRON CORP NEW COMCOM0.47%$3M22.9K
48MSMORGAN STANLEY COM NEWCOM0.46%$3M19.4K
49TRMBTRIMBLE INC COMCOM0.45%$3M43.4K
50LINDLINDBLAD EXPEDITIONS HLDGS INC COMCOM0.44%$3M228.5K
51FIXCOMFORT SYS USA INC COMCOM0.43%$3M3.5K
52ABTABBOTT LABS COMCOM0.43%$3M25.7K
53SMGTHE SCOTTS MIRACLE GRO CO HLDG COCOM0.43%$3M54.4K
54JPMJPMORGAN CHASECOM0.42%$3M9.8K
55PFEPFIZER INC COMCOM0.40%$3M119.4K
56MCDMCDONALDS CORPCOM0.39%$3M9.6K
57GBILGOLDMAN SACHS ETF TR TR ACCESS TREASURY 0-1 YR ETFETF0.38%$3M28.8K
58SNPSSYNOPSYS INC COMCOM0.38%$3M6.1K
59SYKSTRYKER CORPCOM0.38%$3M8.0K
60ARLOARLO TECHNOLOGIES INC COMCOM0.37%$3M198.8K
61TTWOTAKE TWO INTERACTIVE SOFTWARE INC CDT COMCOM0.37%$3M10.8K
62PLMRPALOMAR HLDGS INC COMCOM0.36%$3M20.3K
63FAFFIRST AMERN FINL CORP COMCOM0.36%$3M43.5K
64AMZNAMAZON COM INCCOM0.35%$3M11.4K
65FISVFISERV INC COMCOM0.35%$3M38.6K
66KNFKNIFE RIV HLDG CO COMCOM0.35%$3M36.7K
67MOALTRIA GROUP INC COMCOM0.34%$3M44.1K
68PNCPNC FINL SVCS GROUP INC COMCOM0.34%$3M12.0K
69GENERAL ELEC CO COM NEWCOM0.34%$3M8.1K
70RTXRTX CORP COMCOM0.33%$2M13.6K
71GPCGENUINE PARTS CO COMCOM0.33%$2M20.3K
72QYLDGLOBAL X FDS NASDAQ 100 COVERED CALL ETFETF0.33%$2M140.9K
73VPGVISHAY PRECISION GROUP INC COMCOM0.33%$2M63.6K
74NVDANVIDIA CORP COMCOM0.32%$2M12.8K
75VGITVANGUARD SCOTTSDALE FDS VANGUARD INTER-TERM TREAS INDEX FDETF0.32%$2M39.9K
76CBRECBRE GROUP INC CL ACOM0.31%$2M14.5K
77SHMSPDR SER TR NUVEEN BLOOMBERG BARCLAYS SHORT TERM MUN BD ETFETF0.31%$2M48.3K
78ODFLOLD DOMINION FREIGHT LINE INC COMCOM0.31%$2M14.7K
79WMWASTE MGMT INC DEL COMCOM0.30%$2M10.2K
80SNASNAP ON INC COMCOM0.30%$2M6.4K
81APHAMPHENOL CORP NEW CL ACOM0.29%$2M16.2K
82GOOGLALPHABET INC CL ACOM0.29%$2M7.0K
83BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWCOM0.29%$2M4.3K
84RSRELIANCE STL & ALUM CO COMCOM0.29%$2M7.5K
85OFLXOMEGA FLEX INC COMCOM0.29%$2M73.8K
86DLRDIGITAL RLTY TR INC COMCOM0.29%$2M14.0K
87IAGGISHARES TR CORE INTL AGGREGATE BD ETFETF0.29%$2M42.5K
88LMTLOCKHEED MARTIN CORP COMCOM0.28%$2M4.4K
89CHDNCHURCHILL DOWNS INCCOM0.28%$2M18.4K
90ORCLORACLE CORP COMCOM0.27%$2M10.3K
91AZOAUTOZONE INCCOM0.27%$2M597
92BOOMDMC GLOBAL INC COMCOM0.27%$2M296.9K
93SCCOSOUTHERN COPPER CORP DEL COMCOM0.26%$2M13.8K
94VBVANGUARD INDEX FDS VANGUARD SMALL-CAP ETFETF0.26%$2M7.4K
95MDLZMONDELEZ INTL INC CL ACOM0.25%$2M35.4K
96ADPAUTOMATIC DATA PROCESSING INC COMCOM0.25%$2M7.3K
97PPGPPG INDS INC COMCOM0.25%$2M18.1K
98INTCINTEL CORP COMCOM0.24%$2M49.7K
99IMCGISHARES TR MORNINGSTAR MID CAP GROWTH ETFETF0.24%$2M22.4K
100SJMSMUCKER J M CO COM NEWCOM0.23%$2M17.8K

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 ↗.