SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Covington Investment Advisors Inc.

CIK 0001569036 · 301 EAST MAIN STREET, LIGONIER, PA, 15658 · 724-238-0151

Reported Value
$418M
Q4 2022
Positions
72
Filings on Record
38
2019–present window
Filed
Feb 10, 2023
original filing

Summary

Covington Investment Advisors Inc. reported $418M in U.S.-listed holdings across 72 positions for Q4 2022.

Its largest position, MSFT, represents 5.5% of the portfolio.

Compared with Q3 2022, the fund opened 0 new positions and exited 3.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+35.2%
share of reported value
Largest Position
+5.5%
Microsoft

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: $263MQ4 ’18Q1 ’19: $296MQ2 ’19: $307MQ3 ’19: $295MQ4 ’19: $324MQ4 ’19Q1 ’20: $263MQ2 ’20: $326MQ3 ’20: $349MQ4 ’20: $388MQ4 ’20Q1 ’21: $414MQ2 ’21: $455MQ3 ’21: $465MQ4 ’21: $491MQ4 ’21Q1 ’22: $478MQ2 ’22: $396MQ3 ’22: $386MQ4 ’22: $418MQ4 ’22Q1 ’23: $455MQ2 ’23: $500MQ3 ’23: $488MQ4 ’23: $551MQ4 ’23Q1 ’24: $613MQ2 ’24: $623MQ3 ’24: $665MQ4 ’24: $666MQ4 ’24Q1 ’25: $643MQ2 ’25: $700MQ3 ’25: $764MQ4 ’25: $732MQ4 ’25Q1 ’26: $680Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.2%ETP: 3.5%Other: 2.4%REIT: 1.8%
  • Common Stock · 92.2% · $385M
  • ETP · 3.5% · $15M
  • Other · 2.4% · $10M
  • REIT · 1.8% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRSOLD OUT−77.0K0−$2M$0
PYPLPAYPAL HLDGS INCSOLD OUT−22.4K0−$2M$0
ISHARES TRSOLD OUT−23.0K0−$576,000$0
ISHARES TRADDED+40.8K120.3K+$1M$3M
ISHARES TRADDED+40.8K120.6K+$1M$3M
ISHARES TRADDED+40.6K120.4K+$1M$3M
ISHARES TRADDED+10.1K33.4K+$256,000$837,000
ISHARES TRADDED+10.1K33.6K+$250,000$821,000

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

Holdings — Q4 2022

64 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM5.51%$23M96.0K
2AAPLAPPLE INChistory →COM4.80%$20M154.4K
3GOOGALPHABET INChistory →CAP STK CL C4.49%$19M211.7K
4TMOTHERMO FISHER SCIENTIFIC INChistory →COM3.63%$15M27.6K
5VVISA INChistory →COM3.25%$14M65.4K
6ACNACCENTURE PLC IRELANDhistory →SHS CLASS A2.83%$12M44.3K
7ISHARES TRIBONDS DEC 25 · IBONDS DEC2024 · IBONDS DEC2023 · IBONDS DEC23 ETF · IBONDS DEC24 ETF · IBONDS DEC25 ETF2.82%$12M461.9K
8APDAIR PRODS & CHEMS INChistory →COM2.73%$11M37.0K
9UNHUNITEDHEALTH GROUP INChistory →COM2.59%$11M20.5K
10PNCPNC FINL SVCS GROUP INChistory →COM2.57%$11M68.1K
11FISVFISERV INChistory →COM2.52%$11M104.1K
12COPCONOCOPHILLIPShistory →COM2.51%$10M88.8K
13SPGIS&P GLOBAL INChistory →COM2.46%$10M30.7K
14LLYLILLY ELI & COhistory →COM2.33%$10M26.6K
15WSOWATSCO INC.history →COM2.29%$10M38.3K
16RTXRAYTHEON TECHNOLOGIES CORPhistory →COM2.25%$9M93.2K
17BLACKROCK INCCOM2.08%$9M12.2K
18HDHOME DEPOT INChistory →COM2.08%$9M27.5K
19MCDMCDONALDS CORPhistory →COM1.79%$7M28.4K
20AMZNAMAZON COM INChistory →COM1.62%$7M80.6K
21ABTABBOTT LABShistory →COM1.60%$7M61.0K
22JNJJOHNSON & JOHNSONhistory →COM1.60%$7M37.8K
23JPMJPMORGAN CHASE & COhistory →COM1.59%$7M49.5K
24SBUXSTARBUCKS CORPhistory →COM1.58%$7M66.6K
25COSTCOSTCO WHSL CORP NEWhistory →COM1.53%$6M14.0K
26CRMSALESFORCE COM INChistory →COM1.52%$6M48.0K
27BDXBECTON DICKINSON & COhistory →COM1.49%$6M24.5K
28WMTWALMART INChistory →COM1.49%$6M43.9K
29CVXCHEVRON CORP NEWhistory →COM1.47%$6M34.1K
30NEENEXTERA ENERGY INChistory →COM1.45%$6M72.8K
31TXNTEXAS INSTRS INChistory →COM1.43%$6M36.1K
32BF/BBROWN FORMAN CORPhistory →CL B1.37%$6M87.5K
33HONHONEYWELL INTL INChistory →COM1.35%$6M26.3K
34VCITVANGUARD SCOTTSDALE FDShistory →INT-TERM CORP1.27%$5M68.7K
35LAM RESEARCH CORPCOM1.26%$5M12.5K
36ITWILLINOIS TOOL WKS INChistory →COM1.24%$5M23.5K
37SYKSTRYKER CORPORATIONhistory →COM1.23%$5M21.1K
38CTVACORTEVA INChistory →COM1.23%$5M87.2K
39VUGVANGUARD INDEX FDSGROWTH ETF · MID CAP ETF · SML CP GRW ETF · S&P 500 ETF SHS1.15%$5M22.2K
40PGPROCTER & GAMBLE COhistory →COM1.13%$5M31.3K
41DISDISNEY WALT COhistory →COM DISNEY1.09%$5M52.7K
42NKENIKE INChistory →COM1.01%$4M36.1K
43PLDPROLOGIS INCCOM0.97%$4M36.0K
44NSCNORFOLK SOUTHN CORPCOM0.91%$4M15.5K
45DUKDUKE ENERGY CORP NEWCOM NEW0.88%$4M35.9K
46KOCOCA COLA COCOM0.88%$4M57.9K
47CCICROWN CASTLE INTL CORP NEWCOM0.86%$4M26.5K
48TDTORONTO DOMINION BK ONTCOM NEW0.78%$3M50.7K
49BXBLACKSTONE INCCOM0.77%$3M43.6K
50VZVERIZON COMMUNICATIONS INCCOM0.75%$3M79.1K
51VYMVANGUARD WHITEHALL FDS INCHIGH DIV YLD0.71%$3M27.6K
52ACTIVISION BLIZZARD INCCOM0.65%$3M35.4K
53MDLZMONDELEZ INTL INCCL A0.62%$3M39.2K
54COHRCOHERENT CORPCOM0.62%$3M73.9K
55PEPPEPSICO INCCOM0.58%$2M13.5K
56ECLECOLAB INCCOM0.55%$2M15.7K
57HUMHUMANA INCCOM0.54%$2M4.4K
58ILMNILLUMINA INCCOM0.38%$2M7.8K
59EXCEXELON CORPCOM0.35%$1M34.3K
60WABWABTEC CORPCOM0.27%$1M11.5K
61GDGENERAL DYNAMICS CORPCOM0.26%$1M4.4K
62LHXL3HARRIS TECHNOLOGIES INC.COM0.18%$733,0003.5K
63PHPARKER HANNIFIN CORPCOM0.15%$618,0002.1K
64EDCONSOLIDATED EDISON INCCOM0.11%$454,0004.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$680M74May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$732M74Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$764M75Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$700M71Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$643M71May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$666M72May 13, 2025RESTATEMENTchanges · EDGAR ↗
Q3 2024$665M71Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$623M71Nov 13, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2024$613M72Nov 13, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2023$551M73Nov 13, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$488M74Nov 13, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2023$500M76Nov 13, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2023$455M76Nov 13, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2022$418M72Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$386M75Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$396M76Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$478M76May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$491M75Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$465M78Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$455M78Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$414M76Aug 12, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$388M77Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$349M78Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$326M84Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$263M84May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$324M91Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$295M94Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$307M98Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$296M94May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$263M95Feb 13, 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 ↗.