SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Orion Investment Co

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

Reported Value
$315M
Q3 2025
Positions
70
Filings on Record
8
2019–present window
Filed
Nov 13, 2025
original filing

Summary

Orion Investment Co reported $315M in U.S.-listed holdings across 70 positions for Q3 2025.

Its largest position, MSFT, represents 17.4% of the portfolio.

Compared with Q2 2025, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+5.2%
vs prior filed quarter
Top-10 Concentration
+59.4%
share of reported value
Largest Position
+17.4%
Microsoft
New / Exited
2 / 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: 96.4%Other: 1.7%ETP: 1.1%MLP: 0.6%ADR: 0.2%
  • Common Stock · 96.4% · $303M
  • Other · 1.7% · $5M
  • ETP · 1.1% · $3M
  • MLP · 0.6% · $2M
  • ADR · 0.2% · $571,453

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AVGOBroadcom IncNEW+3.9K3.9K+$1M$1M
OKLOOklo IncNEW+8.4K8.4K+$940,818$940,818
2655787DBlueprint Medicines CorpSOLD OUT−106.1K0−$14M$0
UNHUnitedHealth Group IncSOLD OUT−1.1K0−$343,167$0
EPDEnterprise Prods Partners LADDED+12.7K33.2K+$401,058$1M
RGTIRigetti Computing IncADDED+47.8K139.2K+$3M$4M
ASML Holding N VADDED+1.4K5.3K+$2M$5M
IOVAIovance Biotherapeutics IncTRIMMED−486.8K1.85M−$3,957$4M

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

Holdings — Q3 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corphistory →COM17.37%$55M105.5K
2PLTRPalantir Technologies Inchistory →CL A7.79%$25M134.4K
3QCOMQualcomm Inchistory →COM6.39%$20M120.9K
4REGNRegeneron Pharmaceuticalshistory →COM5.47%$17M30.6K
5IONQIonQ Inchistory →COM5.38%$17M275.2K
6ISIIonis Pharmaceuticals Inchistory →COM4.67%$15M224.7K
7PHParker-Hannifin Corphistory →COM3.32%$10M13.8K
8CMICummins Inchistory →COM3.05%$10M22.7K
9EXMOCExxon Mobil Corphistory →COM3.04%$10M84.8K
10PGProcter And Gamble Cohistory →COM2.89%$9M59.1K
11ABTAbbott Labshistory →COM2.71%$9M63.7K
12NEENextera Energy Inchistory →COM2.45%$8M102.1K
13SHOPShopify Inchistory →CL A2.30%$7M48.7K
14HSYHershey Cohistory →COM2.28%$7M38.4K
15GDGeneral Dynamics Corphistory →COM2.16%$7M19.9K
16RGLDRoyal Gold Inchistory →COM1.77%$6M27.7K
17BIIBBiogen Inchistory →COM1.76%$6M39.4K
18ASML Holding N VN Y REGISTRY SHS1.64%$5M5.3K
19INTCIntel Corphistory →COM1.59%$5M149.5K
20CCOCameco Corphistory →COM1.35%$4M50.6K
21RGTIRigetti Computing Inchistory →COMMON STOCK1.32%$4M139.2K
22IOVAIovance Biotherapeutics Inchistory →COM1.28%$4M1.85M
23CDNSCadence Design Systems Inchistory →COM1.16%$4M10.4K
24AAPLApple Inchistory →COM1.16%$4M14.3K
25HIIHuntington Ingalls Inds Inchistory →COM1.15%$4M12.6K
26Vanguard Index FdsS&P 500 ETF SHS1.11%$3M5.7K
27CNRCanadian Natl Ry CoCOM0.99%$3M33.1K
28ATOAtmos Energy CorpCOM0.96%$3M17.7K
29NEMNewmont CorporationCOM0.75%$2M27.9K
30EFXEquifax IncCOM0.72%$2M8.9K
31NOWServicenow IncCOM0.71%$2M2.4K
32PANWPalo Alto Networks IncCOM0.68%$2M10.5K
33MRKMerck & CoCOM0.55%$2M20.6K
34GOOGLAlphabet Inc Cl ACAP STK CL A · CAP STK CL C0.53%$2M6.9K
35IBOCInternational Business MachsCOM0.50%$2M5.6K
36SRSpire IncCOM0.46%$1M17.7K
37ABBVAbbvie IncCOM0.45%$1M6.1K
38AEEAmeren CorpCOM0.45%$1M13.4K
39AVGOBroadcom IncCOM0.41%$1M3.9K
40EMREmerson Elec CoCOM0.38%$1M9.2K
41BMYBristol-Myers Squibb CoCOM0.35%$1M24.5K
42AMZNAmazon Com IncCOM0.34%$1M4.9K
43EPDEnterprise Prods Partners LCOM0.33%$1M33.2K
44OKLOOklo IncCOM CL A0.30%$940,8188.4K
45JNJJohnson & JohnsonCOM0.29%$922,0555.0K
46BRK/BBerkshire Hathaway Inc DelCL B NEW0.27%$843,5981.7K
47ARLPAlliance Resources Partners LUT LTD PART0.23%$719,99028.5K
48CBSHCommerce Bancshares IncCOM0.21%$671,82211.2K
49PYPLPaypal Hldgs IncCOM0.19%$594,0858.9K

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 ↗.