Managers / Q3 2025 · view latest →
Covington Investment Advisors Inc.
CIK 0001569036 · 301 EAST MAIN STREET, LIGONIER, PA, 15658 · 724-238-0151
Reported Value
$764M
Q3 2025
Positions
75
Filings on Record
38
2019–present window
Filed
Nov 12, 2025
original filing
Summary
Covington Investment Advisors Inc. reported $764M in U.S.-listed holdings across 75 positions for Q3 2025.
Its largest position, GOOG, represents 7.4% of the portfolio.
Compared with Q2 2025, the fund opened 4 new positions and exited 0.
Portfolio Metrics
Turnover
+1.9%
vs prior filed quarter
Top-10 Concentration
+46.2%
share of reported value
Largest Position
+7.4%
Alphabet
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
Portfolio Composition
By security type
- Common Stock · 90.4% · $691M
- ETP · 7.9% · $61M
- REIT · 0.8% · $6M
- Other · 0.8% · $6M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CBCHUBB LIMITED | NEW | +2.3K | 2.3K | +$645,000 | $645,000 |
| BILSPDR SERIES TRUST | NEW | +2.4K | 2.4K | +$216,000 | $216,000 |
| CORCENCORA INC | NEW | +665 | 665 | +$208,000 | $208,000 |
| PLTRPALANTIR TECHNOLOGIES INC | NEW | +1.1K | 1.1K | +$208,000 | $208,000 |
| SCHDSCHWAB STRATEGIC TR | ADDED | +41.0K | 60.8K | +$1M | $2M |
| HONHONEYWELL INTL INC | ADDED | +13.5K | 42.0K | +$2M | $9M |
| IBDTISHARES TR | ADDED | +11.1K | 88.9K | +$292,000 | $2M |
| SPYSPDR S&P 500 ETF TR | ADDED | +50 | 577 | +$58,000 | $384,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
62 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 7.36% | $56M | 230.9K |
| 2 | MSFTMICROSOFT CORPhistory → | COM | 6.38% | $49M | 94.1K |
| 3 | AVGOBROADCOM INChistory → | COM | 5.88% | $45M | 136.2K |
| 4 | IBMPISHARES TR | IBONDS DEC 27 · IBONDS DEC 28 · IBONDS DEC 26 · IBONDS DEC 25 · IBDS DEC28 ETF · IBONDS 27 ETF · IBONDS DEC2026 · IBONDS DEC25 ETF | 5.15% | $39M | 1.54M |
| 5 | NVDANVIDIA CORPORATIONhistory → | COM | 4.78% | $37M | 195.9K |
| 6 | AAPLAPPLE INChistory → | COM | 4.51% | $34M | 135.2K |
| 7 | AMZNAMAZON COM INChistory → | COM | 3.43% | $26M | 119.3K |
| 8 | ARISTA NETWORKS INC | COM | 3.20% | $24M | 167.9K |
| 9 | LAM RESEARCH CORP | COM | 3.02% | $23M | 172.3K |
| 10 | PNCPNC FINL SVCS GROUP INChistory → | COM | 2.53% | $19M | 96.2K |
| 11 | VVISA INChistory → | COM | 2.53% | $19M | 56.6K |
| 12 | RTXRAYTHEON TECHNOLOGIES CORPhistory → | COM | 2.39% | $18M | 109.0K |
| 13 | BLACKROCK INC | COM | 2.36% | $18M | 15.5K |
| 14 | LLYLILLY ELI & COhistory → | COM | 2.20% | $17M | 22.0K |
| 15 | TMOTHERMO FISHER SCIENTIFIC INChistory → | COM | 2.16% | $17M | 34.1K |
| 16 | METAMETA PLATFORMS INChistory → | CL A | 2.11% | $16M | 21.9K |
| 17 | SPGIS&P GLOBAL INChistory → | COM | 2.06% | $16M | 32.3K |
| 18 | WSOWATSCO INC.history → | COM | 1.80% | $14M | 34.0K |
| 19 | FISVFISERV INChistory → | COM | 1.63% | $12M | 96.5K |
| 20 | HDHOME DEPOT INChistory → | COM | 1.56% | $12M | 29.4K |
| 21 | AAGILENT TECHNOLOGIES INChistory → | COM | 1.50% | $11M | 89.3K |
| 22 | DRIDARDEN RESTAURANTS INChistory → | COM | 1.45% | $11M | 58.0K |
| 23 | COPCONOCOPHILLIPShistory → | COM | 1.41% | $11M | 113.7K |
| 24 | JNJJOHNSON & JOHNSONhistory → | COM | 1.36% | $10M | 56.0K |
| 25 | TXNTEXAS INSTRS INChistory → | COM | 1.36% | $10M | 56.4K |
| 26 | JPMJPMORGAN CHASE & COhistory → | COM | 1.33% | $10M | 32.2K |
| 27 | VUGVANGUARD INDEX FDS | GROWTH ETF · MID CAP ETF · SML CP GRW ETF · S&P 500 ETF SHS · LARGE CAP ETF | 1.29% | $10M | 26.2K |
| 28 | CATCATERPILLAR INChistory → | COM | 1.28% | $10M | 20.5K |
| 29 | APDAIR PRODS & CHEMS INChistory → | COM | 1.27% | $10M | 35.7K |
| 30 | ABTABBOTT LABShistory → | COM | 1.24% | $9M | 70.8K |
| 31 | MCDMCDONALDS CORPhistory → | COM | 1.20% | $9M | 30.1K |
| 32 | SNPSSYNOPSYS INChistory → | COM | 1.19% | $9M | 18.4K |
| 33 | LHXL3HARRIS TECHNOLOGIES INC.history → | COM | 1.17% | $9M | 29.3K |
| 34 | HONHONEYWELL INTL INChistory → | COM | 1.16% | $9M | 42.0K |
| 35 | BXBLACKSTONE INChistory → | COM | 1.09% | $8M | 48.9K |
| 36 | WMTWALMART INChistory → | COM | 1.07% | $8M | 79.5K |
| 37 | VCITVANGUARD SCOTTSDALE FDShistory → | INT-TERM CORP | 1.06% | $8M | 96.3K |
| 38 | SYKSTRYKER CORPORATIONhistory → | COM | 1.01% | $8M | 20.1K |
| 39 | CTVACORTEVA INC | COM | 0.98% | $8M | 111.2K |
| 40 | COSTCOSTCO WHSL CORP NEW | COM | 0.93% | $7M | 7.7K |
| 41 | PGPROCTER & GAMBLE CO | COM | 0.87% | $7M | 43.2K |
| 42 | PLDPROLOGIS INC | COM | 0.84% | $6M | 56.2K |
| 43 | VYMVANGUARD WHITEHALL FDS INC | HIGH DIV YLD | 0.83% | $6M | 45.0K |
| 44 | DUKDUKE ENERGY CORP NEW | COM NEW | 0.83% | $6M | 51.2K |
| 45 | KOCOCA COLA CO | COM | 0.71% | $5M | 82.3K |
| 46 | CVXCHEVRON CORP NEW | COM | 0.63% | $5M | 31.2K |
| 47 | WHDCACTUS INC | CL A | 0.62% | $5M | 120.8K |
| 48 | PEPPEPSICO INC | COM | 0.57% | $4M | 31.3K |
| 49 | NEENEXTERA ENERGY INC | COM | 0.56% | $4M | 56.7K |
| 50 | CEGCONSTELLATION ENERGY CORP | COM | 0.52% | $4M | 12.2K |
| 51 | SCHDSCHWAB STRATEGIC TR | US DIVIDEND EQ · US LRG CAP ETF | 0.34% | $3M | 97.0K |
| 52 | EXCEXELON CORP | COM | 0.31% | $2M | 53.4K |
| 53 | WABWABTEC CORP | COM | 0.24% | $2M | 9.2K |
| 54 | PHPARKER HANNIFIN CORP | COM | 0.23% | $2M | 2.3K |
| 55 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.16% | $1M | 2.4K |
| 56 | CBCHUBB LIMITED | COM | 0.08% | $645,000 | 2.3K |
| 57 | GDGENERAL DYNAMICS CORP | COM | 0.08% | $606,000 | 1.8K |
| 58 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.05% | $384,000 | 577 |
| 59 | RSGREPUBLIC SVCS INC | COM | 0.03% | $240,000 | 1.1K |
| 60 | BILSPDR SERIES TRUST | BLOOMBERG 1-3 MO | 0.03% | $216,000 | 2.4K |
| 61 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.03% | $208,000 | 1.1K |
| 62 | CORCENCORA INC | COM | 0.03% | $208,000 | 665 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $680M | 74 | May 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $732M | 74 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $764M | 75 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $700M | 71 | Aug 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $643M | 71 | May 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $666M | 72 | May 13, 2025 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2024 | $665M | 71 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $623M | 71 | Nov 13, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2024 | $613M | 72 | Nov 13, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2023 | $551M | 73 | Nov 13, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2023 | $488M | 74 | Nov 13, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2023 | $500M | 76 | Nov 13, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2023 | $455M | 76 | Nov 13, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2022 | $418M | 72 | Feb 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $386M | 75 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $396M | 76 | Aug 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $478M | 76 | May 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $491M | 75 | Feb 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $465M | 78 | Nov 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $455M | 78 | Aug 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $414M | 76 | Aug 12, 2021 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2020 | $388M | 77 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $349M | 78 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $326M | 84 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $263M | 84 | May 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $324M | 91 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $295M | 94 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $307M | 98 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $296M | 94 | May 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $263M | 95 | Feb 13, 2019 | 13F-HR | changes · 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 ↗.