SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Orion Investment Co

CIK 0002033920 · 7800 FORSYTH BLVD. SUITE 820, ST. LOUIS, MO, 63105 · 314-725-3800

Reported Value
$282M
Q2 2025
Positions
70
Filings on Record
8
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Orion Investment Co reported $282M in U.S.-listed holdings across 70 positions for Q2 2025.

Its largest position, MSFT, represents 18.6% of the portfolio.

Compared with Q1 2025, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+3.3%
vs prior filed quarter
Top-10 Concentration
+59.5%
share of reported value
Largest Position
+18.6%
Microsoft
New / Exited
4 / 2
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. 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
Q2 ’24: $251MQ2 ’24Q3 ’24: $257MQ3 ’24Q4 ’24: $251MQ4 ’24Q1 ’25: $245MQ1 ’25Q2 ’25: $282MQ2 ’25Q3 ’25: $315MQ3 ’25Q4 ’25: $328MQ4 ’25Q1 ’26: $315MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 97.0%Other: 1.2%ETP: 1.1%MLP: 0.5%ADR: 0.2%
  • Common Stock · 97.0% · $274M
  • Other · 1.2% · $3M
  • ETP · 1.1% · $3M
  • MLP · 0.5% · $1M
  • ADR · 0.2% · $562,505

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Vanguard Index FdsNEW+5.7K5.7K+$3M$3M
EPDEnterprise Prods Partners LNEW+20.5K20.5K+$636,387$636,387
CATCaterpillar IncNEW+575575+$223,221$223,221
ORCLOracle CorpNEW+995995+$217,537$217,537
EPCEdgewell Pers Care CoSOLD OUT−8.0K0−$249,680$0
ENREnergizer Hldgs Inc NewSOLD OUT−8.0K0−$239,360$0
IOVAIovance Biotherapeutics IncADDED+1.16M2.34M+$103,408$4M
NOWServicenow IncADDED+8922.2K+$1M$2M

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

Holdings — Q2 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corphistory →COM18.56%$52M105.4K
2QCOMQualcomm Inchistory →COM6.84%$19M121.3K
3PLTRPalantir Technologies Inchistory →CL A6.49%$18M134.5K
4REGNRegeneron Pharmaceuticalshistory →COM5.63%$16M30.3K
52655787DBlueprint Medicines Corphistory →COM4.82%$14M106.1K
6IONQIonQ Inchistory →COM4.13%$12M271.5K
7PHParker-Hannifin Corphistory →COM3.39%$10M13.7K
8PGProcter And Gamble Cohistory →COM3.32%$9M58.8K
9EXMOCExxon Mobil Corphistory →COM3.21%$9M84.2K
10ABTAbbott Labshistory →COM3.09%$9M64.3K
11ISIIonis Pharmaceuticals Inchistory →COM3.04%$9M217.4K
12CMICummins Inchistory →COM2.62%$7M22.6K
13NEENextera Energy Inchistory →COM2.50%$7M101.7K
14HSYHershey Cohistory →COM2.21%$6M37.6K
15GDGeneral Dynamics Corphistory →COM2.04%$6M19.8K
16SHOPShopify Inchistory →CL A1.82%$5M44.5K
17RGLDRoyal Gold Inchistory →COM1.71%$5M27.1K
18BIIBBiogen Inchistory →COM1.46%$4M32.9K
19IOVAIovance Biotherapeutics Inchistory →COM1.42%$4M2.34M
20CNRCanadian Natl Ry Cohistory →COM1.23%$3M33.3K
21INTCIntel Corphistory →COM1.19%$3M150.4K
22CCOCameco Corphistory →COM1.19%$3M45.3K
23Vanguard Index FdsS&P 500 ETF SHS1.14%$3M5.7K
24ASML Holding N VN Y REGISTRY SHS1.12%$3M3.9K
25CDNSCadence Design Systems Inchistory →COM1.12%$3M10.2K
26HIIHuntington Ingalls Inds Inchistory →COM1.06%$3M12.4K
27AAPLApple Inchistory →COM1.04%$3M14.3K
28ATOAtmos Energy CorpCOM0.85%$2M15.5K
29EFXEquifax IncCOM0.82%$2M8.9K
30NOWServicenow IncCOM0.81%$2M2.2K
31PANWPalo Alto Networks IncCOM0.75%$2M10.3K
32MRKMerck & CoCOM0.59%$2M21.2K
33IBOCInternational Business MachsCOM0.59%$2M5.6K
34NEMNewmont CorporationCOM0.54%$2M26.4K
35SRSpire IncCOM0.47%$1M18.3K
36AEEAmeren CorpCOM0.46%$1M13.7K
37EMREmerson Elec CoCOM0.43%$1M9.2K
38BMYBristol-Myers Squibb CoCOM0.41%$1M25.2K
39ABBVAbbvie IncCOM0.40%$1M6.1K
40RGTIRigetti Computing IncCOMMON STOCK0.38%$1M91.4K
41AMZNAmazon Com IncCOM0.38%$1M4.8K
42BRK/BBerkshire Hathaway Inc DelCL B NEW0.32%$912,2761.9K
43GOOGLAlphabet Inc Cl ACAP STK CL A0.28%$779,8184.4K
44ARLPAlliance Resources Partners LUT LTD PART0.27%$763,28829.2K
45JNJJohnson & JohnsonCOM0.27%$759,5945.0K
46CBSHCommerce Bancshares IncCOM0.25%$698,91511.2K
47PYPLPaypal Hldgs IncCOM0.23%$658,4018.9K
48EPDEnterprise Prods Partners LCOM0.23%$636,38720.5K
49SHELShell PlcSPON ADS0.20%$562,5058.0K
50SOSouthern CoCOM0.20%$551,9906.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$315M69May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$328M68Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$315M70Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$282M70Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$245M68May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$251M65Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$257M66Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$251M64Aug 15, 202413F-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 ↗.