SEC 13F Intelligence

Managers / Q4 2024 · view latest →

Covington Investment Advisors Inc.

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

Reported Value
$666M
Q4 2024
Positions
72
Filings on Record
38
2019–present window
Filed
May 13, 2025
amendment (RESTATEMENT)

Summary

Covington Investment Advisors Inc. reported $666M in U.S.-listed holdings across 72 positions for Q4 2024.

Its largest position, GOOG, represents 6.5% of the portfolio.

Compared with Q3 2024, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+43.1%
share of reported value
Largest Position
+6.5%
Alphabet
New / Exited
4 / 3
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: $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: 90.6%ETP: 7.6%Other: 1.1%REIT: 0.7%
  • Common Stock · 90.6% · $604M
  • ETP · 7.6% · $51M
  • Other · 1.1% · $7M
  • REIT · 0.7% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IBMQISHARES TRNEW+239.9K239.9K+$6M$6M
IBDTISHARES TRNEW+56.8K56.8K+$1M$1M
SPYSPDR S&P 500 ETF TRNEW+527527+$309,000$309,000
VVVANGUARD INDEX FDSNEW+776776+$209,000$209,000
LAM RESEARCH CORPADDED+146.5K161.8K−$808,000$12M
ARISTA NETWORKS INCADDED+123.8K165.2K+$2M$18M
SCHXSCHWAB STRATEGIC TRADDED+21.0K31.3K+$26,000$726,000
ISHARES TRSOLD OUT−237.3K0−$6M$0

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

Holdings — Q4 2024

59 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGALPHABET INCCAP STK CL C · CAP STK CL A6.54%$44M228.9K
2MSFTMICROSOFT CORPhistory →COM5.65%$38M89.3K
3IBMPISHARES TRIBONDS DEC 27 · IBONDS DEC 26 · IBONDS DEC 25 · IBONDS DEC 28 · IBONDS DEC25 ETF · IBONDS DEC2026 · IBONDS 27 ETF · IBDS DEC28 ETF5.34%$36M1.40M
4AAPLAPPLE INChistory →COM5.12%$34M136.2K
5AVGOBROADCOM INChistory →COM5.11%$34M146.9K
6NVDANVIDIA CORPORATIONhistory →COM3.80%$25M188.6K
7AMZNAMAZON COM INChistory →COM3.32%$22M101.0K
8FISVFISERV INChistory →COM2.79%$19M90.7K
9ARISTA NETWORKS INCCOM2.74%$18M165.2K
10PNCPNC FINL SVCS GROUP INChistory →COM2.71%$18M93.8K
11VVISA INChistory →COM2.67%$18M56.3K
12TMOTHERMO FISHER SCIENTIFIC INChistory →COM2.45%$16M31.4K
13LLYLILLY ELI & COhistory →COM2.39%$16M20.6K
14SPGIS&P GLOBAL INChistory →COM2.34%$16M31.2K
15ACNACCENTURE PLC IRELANDhistory →SHS CLASS A2.31%$15M43.7K
16BLACKROCK INCCOM2.29%$15M14.9K
17WSOWATSCO INC.history →COM2.27%$15M32.0K
18UNHUNITEDHEALTH GROUP INChistory →COM1.93%$13M25.4K
19RTXRAYTHEON TECHNOLOGIES CORPhistory →COM1.88%$13M108.1K
20LAM RESEARCH CORPCOM1.75%$12M161.8K
21HDHOME DEPOT INChistory →COM1.75%$12M29.9K
22TXNTEXAS INSTRS INChistory →COM1.74%$12M61.8K
23DRIDARDEN RESTAURANTS INChistory →COM1.63%$11M58.0K
24APDAIR PRODS & CHEMS INChistory →COM1.60%$11M36.7K
25COPCONOCOPHILLIPShistory →COM1.58%$11M106.0K
26METAMETA PLATFORMS INChistory →CL A1.45%$10M16.6K
27MCDMCDONALDS CORPhistory →COM1.30%$9M29.9K
28WMTWALMART INChistory →COM1.27%$8M93.8K
29CVXCHEVRON CORP NEWhistory →COM1.27%$8M58.4K
30JPMJPMORGAN CHASE & COhistory →COM1.27%$8M35.3K
31BXBLACKSTONE INChistory →COM1.26%$8M48.7K
32VUGVANGUARD INDEX FDSGROWTH ETF · MID CAP ETF · SML CP GRW ETF · S&P 500 ETF SHS · LARGE CAP ETF1.20%$8M23.9K
33VCITVANGUARD SCOTTSDALE FDShistory →INT-TERM CORP1.19%$8M99.1K
34ABTABBOTT LABShistory →COM1.18%$8M69.4K
35COSTCOSTCO WHSL CORP NEWhistory →COM1.15%$8M8.4K
36JNJJOHNSON & JOHNSONhistory →COM1.10%$7M50.6K
37SYKSTRYKER CORPORATIONhistory →COM1.08%$7M20.1K
38CTVACORTEVA INCCOM0.93%$6M109.1K
39HONHONEYWELL INTL INCCOM0.92%$6M27.1K
40PGPROCTER & GAMBLE COCOM0.92%$6M36.5K
41LHXL3HARRIS TECHNOLOGIES INC.COM0.90%$6M28.4K
42CATCATERPILLAR INCCOM0.80%$5M1.5K
43DUKDUKE ENERGY CORP NEWCOM NEW0.80%$5M49.5K
44VYMVANGUARD WHITEHALL FDS INCHIGH DIV YLD0.73%$5M38.4K
45PLDPROLOGIS INCCOM0.71%$5M44.6K
46HSYHERSHEY COCOM0.70%$5M27.7K
47KOCOCA COLA COCOM0.69%$5M73.8K
48NSCNORFOLK SOUTHN CORPCOM0.68%$4M19.2K
49NEENEXTERA ENERGY INCCOM0.62%$4M57.3K
50PEPPEPSICO INCCOM0.57%$4M25.0K
51CEGCONSTELLATION ENERGY CORPCOM0.37%$2M10.9K
52EXCEXELON CORPCOM0.30%$2M53.4K
53WABWABTEC CORPCOM0.26%$2M9.3K
54PHPARKER HANNIFIN CORPCOM0.19%$1M2.0K
55SCHXSCHWAB STRATEGIC TRUS LRG CAP ETF · US DIVIDEND EQ0.18%$1M48.8K
56BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.16%$1M2.3K
57GDGENERAL DYNAMICS CORPCOM0.08%$514,0001.9K
58SPYSPDR S&P 500 ETF TRTR UNIT0.05%$309,000527
59RSGREPUBLIC SVCS INCCOM0.03%$211,0001.1K

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 ↗.