SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Covington Investment Advisors Inc.

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

Reported Value
$732M
Q4 2025
Positions
74
Filings on Record
38
2019–present window
Filed
Feb 17, 2026
original filing

Summary

Covington Investment Advisors Inc. reported $732M in U.S.-listed holdings across 74 positions for Q4 2025.

Its largest position, GOOG, represents 8.7% of the portfolio.

Compared with Q3 2025, the fund opened 4 new positions and exited 5.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+48.0%
share of reported value
Largest Position
+8.7%
Alphabet
New / Exited
4 / 5
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: 87.6%ETP: 11.5%REIT: 0.9%
  • Common Stock · 87.6% · $641M
  • ETP · 11.5% · $84M
  • REIT · 0.9% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IBMRISHARES TRNEW+239.0K239.0K+$6M$6M
IBDUISHARES TRNEW+75.6K75.6K+$2M$2M
SOLSSOLSTICE ADVANCED MATLS INCNEW+8.8K8.8K+$426,000$426,000
IEFAISHARES TRNEW+3.1K3.1K+$274,000$274,000
VOOVANGUARD INDEX FDSADDED+20.6K22.0K+$13M$14M
FISVFISERV INCSOLD OUT−96.5K0−$12M$0
ISHARES TRSOLD OUT−235.6K0−$6M$0
ISHARES TRSOLD OUT−78.6K0−$2M$0

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

Holdings — Q4 2025

60 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGALPHABET INCCAP STK CL C · CAP STK CL A8.67%$63M202.2K
2IBMQISHARES TRIBONDS DEC 28 · IBONDS DEC 27 · IBONDS DEC 26 · IBONDS DEC 2029 · IBDS DEC28 ETF · IBONDS 27 ETF · IBONDS DEC2026 · IBONDS DEC 29 · CORE MSCI EAFE5.85%$43M1.69M
3AVGOBROADCOM INChistory →COM5.80%$42M122.7K
4MSFTMICROSOFT CORPhistory →COM5.68%$42M85.9K
5AAPLAPPLE INChistory →COM4.34%$32M116.8K
6NVDANVIDIA CORPORATIONhistory →COM4.31%$32M169.2K
7AMZNAMAZON COM INChistory →COM3.70%$27M117.2K
8LAM RESEARCH CORPCOM3.57%$26M152.6K
9VOOVANGUARD INDEX FDSS&P 500 ETF SHS · GROWTH ETF · MID CAP ETF · SML CP GRW ETF · LARGE CAP ETF3.19%$23M54.3K
10PNCPNC FINL SVCS GROUP INChistory →COM2.86%$21M100.2K
11LLYLILLY ELI & COhistory →COM2.85%$21M19.4K
12ARISTA NETWORKS INCCOM2.66%$19M148.4K
13VVISA INChistory →COM2.58%$19M53.9K
14TMOTHERMO FISHER SCIENTIFIC INChistory →COM2.40%$18M30.3K
15RTXRAYTHEON TECHNOLOGIES CORPhistory →COM2.33%$17M93.1K
16SPGIS&P GLOBAL INChistory →COM2.25%$16M31.5K
17BLACKROCK INCCOM2.01%$15M13.8K
18METAMETA PLATFORMS INChistory →CL A1.91%$14M21.1K
19WSOWATSCO INC.history →COM1.61%$12M34.9K
20AAGILENT TECHNOLOGIES INChistory →COM1.54%$11M82.6K
21JNJJOHNSON & JOHNSONhistory →COM1.40%$10M49.5K
22DRIDARDEN RESTAURANTS INChistory →COM1.39%$10M55.2K
23CATCATERPILLAR INChistory →COM1.38%$10M17.7K
24JPMJPMORGAN CHASE & COhistory →COM1.32%$10M29.9K
25COPCONOCOPHILLIPShistory →COM1.29%$9M100.5K
26HDHOME DEPOT INChistory →COM1.24%$9M26.5K
27TXNTEXAS INSTRS INChistory →COM1.17%$9M49.3K
28VCITVANGUARD SCOTTSDALE FDShistory →INT-TERM CORP1.12%$8M98.3K
29MCDMCDONALDS CORPhistory →COM1.12%$8M26.8K
30VYMVANGUARD WHITEHALL FDS INChistory →HIGH DIV YLD1.09%$8M55.8K
31ABTABBOTT LABShistory →COM1.09%$8M63.7K
32WMTWALMART INChistory →COM1.09%$8M71.3K
33SNPSSYNOPSYS INChistory →COM1.07%$8M16.6K
34APDAIR PRODS & CHEMS INChistory →COM1.04%$8M30.9K
35LHXL3HARRIS TECHNOLOGIES INC.history →COM1.04%$8M25.8K
36HONHONEYWELL INTL INCCOM0.93%$7M35.1K
37PLDPROLOGIS INCCOM0.90%$7M51.7K
38BXBLACKSTONE INCCOM0.90%$7M42.5K
39CTVACORTEVA INCCOM0.89%$7M97.3K
40SYKSTRYKER CORPORATIONCOM0.87%$6M18.2K
41COSTCOSTCO WHSL CORP NEWCOM0.85%$6M7.2K
42DUKDUKE ENERGY CORP NEWCOM NEW0.74%$5M46.3K
43WHDCACTUS INCCL A0.72%$5M115.8K
44PGPROCTER & GAMBLE COCOM0.72%$5M36.8K
45KOCOCA COLA COCOM0.67%$5M70.3K
46CEGCONSTELLATION ENERGY CORPCOM0.67%$5M13.9K
47PEPPEPSICO INCCOM0.57%$4M29.0K
48CVXCHEVRON CORP NEWCOM0.55%$4M26.4K
49NEENEXTERA ENERGY INCCOM0.48%$3M43.4K
50EXCEXELON CORPCOM0.32%$2M53.2K
51PHPARKER HANNIFIN CORPCOM0.27%$2M2.3K
52WABWABTEC CORPCOM0.27%$2M9.2K
53SCHXSCHWAB STRATEGIC TRUS LRG CAP ETF · US DIVIDEND EQ0.19%$1M52.2K
54BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.16%$1M2.4K
55CBCHUBB LIMITEDCOM0.10%$713,0002.3K
56GDGENERAL DYNAMICS CORPCOM0.08%$597,0001.8K
57SPYSPDR S&P 500 ETF TRTR UNIT0.08%$563,000826
58SOLSSOLSTICE ADVANCED MATLS INCCOM SHS0.06%$426,0008.8K
59CORCENCORA INCCOM0.03%$225,000666
60RSGREPUBLIC SVCS INCCOM0.03%$223,0001.1K

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 ↗.