Covington Investment Advisors Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed November 13, 2024), Covington Investment Advisors Inc. reported 72 stock positions worth $613.4 million. Its top holding was Microsoft (MSFT) at 6.2% of the portfolio, followed by Alphabet Class C (GOOG, 5.6%) and Apple (AAPL, 4.0%). Compared with Q4 2023, it opened 3 new positions, sold out of 4, added to 51 and reduced 17. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale an exit from Brown-Forman Class B (BF.B).
- Most Recent 13F
- Q2 2026
- Location
- LIGONIER, PA
- CIK
- 0001569036
- Portfolio Value
- $613.4M (Q1 2024)
- SEC Filing
- 0001569036-24-000016 ↗ filed Nov 13, 2024
Holdings Value
Holdings 72 stocks · $613.4M
| MSFT Microsoft Corp. | 6.22% | 90,678 | $38.1M | Add +2.6% |
| GOOG Alphabet Inc. Class C | 5.56% | 224,112 | $34.1M | Add +6.2% |
| AAPL Apple Inc. | 4.01% | 143,446 | $24.6M | Add +0.1% |
| AVGO Broadcom Inc. | 3.17% | 14,691 | $19.5M | Add +14.4% |
| TMO Thermo Fisher Scientific Inc. | 3.13% | 32,986 | $19.2M | Add +2.5% |
| AMZN Amazon.com Inc. | 3.02% | 102,578 | $18.5M | Add +6.2% |
| FISV Fiserv Inc. | 2.98% | 114,467 | $18.3M | Add +6.6% |
| ACN Accenture PLC Class A | 2.73% | 48,299 | $16.7M | Reduce -0.5% |
| V Visa Inc. Class A | 2.69% | 59,094 | $16.5M | Reduce -1.9% |
| LLY Eli Lilly & Co. | 2.66% | 20,970 | $16.3M | Reduce -4.4% |
| PNC PNC Financial Services Group | 2.63% | 99,795 | $16.1M | Add +4.9% |
| WSO Watsco Inc. | 2.34% | 33,230 | $14.4M | Reduce -11.4% |
| COP Conocophillips | 2.28% | 109,769 | $14.0M | Add +4.8% |
| SPGI S&P Global Inc. | 2.19% | 31,534 | $13.4M | Add +0.6% |
| HD Home Depot Inc. | 2.18% | 34,918 | $13.4M | Reduce -0.0% |
| LRCX Lam Research Corp. | 2.08% | 13,121 | $12.7M | Add +3.6% |
| BLK BlackRock Finance Inc. | 2.07% | 15,225 | $12.7M | Add +4.4% |
| UNH Unitedhealth Group Inc. | 2.01% | 24,975 | $12.4M | Add +13.6% |
| TXN Texas Instruments Inc. | 1.80% | 63,368 | $11.0M | Add +7.1% |
| RTX RTX Corp. | 1.79% | 112,815 | $11.0M | Add +5.0% |
| APD Air Products & Chemicals Inc. | 1.78% | 45,031 | $10.9M | Add +9.7% |
| CVX Chevron Corp. | 1.57% | 60,950 | $9.6M | Add +6.0% |
| JPM JPMorgan Chase & Co. | 1.49% | 45,680 | $9.2M | Reduce -1.8% |
| MCD McDonald's Corp. | 1.42% | 30,931 | $8.7M | Add +7.5% |
| JNJ Johnson & Johnson | 1.42% | 54,882 | $8.7M | Add +2.9% |
| DRI Darden Restaurants Inc. | 1.32% | 48,580 | $8.1M | Add +17.2% |
| IBMN iShares Ibonds Dec 2025 Term | 1.32% | 305,593 | $8.1M | Add +9.1% |
| BDX Becton Dickinson and Co. | 1.28% | 31,686 | $7.8M | Add +6.3% |
| ABT Abbott Laboratories | 1.28% | 68,976 | $7.8M | Add +5.7% |
| IBMO iShares Ibonds Dec 2026 Term | 1.27% | 306,280 | $7.8M | Add +14.6% |
| WMT Walmart Inc. | 1.25% | 127,280 | $7.7M | Reduce -4.8% |
| IBMM iShares Ibonds Dec 2024 Term | 1.25% | 294,667 | $7.6M | Add +5.3% |
| SYK Stryker Corp. | 1.23% | 21,089 | $7.5M | Add +0.1% |
| NVDA Nvidia Corp. | 1.22% | 8,274 | $7.5M | New |
| VCIT Vanguard Int-Term Corporate | 1.20% | 91,191 | $7.3M | Add +23.7% |
| IBMP iShares Ibonds Dec 2027 Term | 1.16% | 283,680 | $7.1M | Add +19.1% |
| COST Costco Wholesale Corp. | 1.14% | 9,556 | $7.0M | Reduce -31.9% |
| BX Blackstone Inc. | 1.11% | 51,840 | $6.8M | Add +7.5% |
| HSY The Hershey Co. | 1.05% | 33,147 | $6.4M | Add +36.9% |
| CCI Crown Castle Inc. | 1.02% | 59,277 | $6.3M | Reduce -5.5% |
| CTVA Corteva Inc. | 1.01% | 107,291 | $6.2M | Add +11.8% |
| LHX L3HARRIS Technologies Inc. | 1.01% | 29,031 | $6.2M | Add +8.2% |
| PLD Prologis Inc. | 1.00% | 47,167 | $6.1M | Add +18.8% |
| PG The Procter & Gamble Co. | 0.99% | 37,450 | $6.1M | Add +5.8% |
| SBUX Starbucks Corp. | 0.97% | 65,259 | $6.0M | Add +5.3% |
| HON Honeywell International Inc. | 0.95% | 28,519 | $5.9M | Add +2.4% |
| ANET Arista Networks Inc. | 0.95% | 20,075 | $5.8M | New |
| VZ Verizon Communications Inc. | 0.94% | 137,391 | $5.8M | Add +9.5% |
| NSC Norfolk Southern Corp. | 0.94% | 22,597 | $5.8M | Add +3.0% |
| DUK Duke Energy Corp. | 0.82% | 51,754 | $5.0M | Reduce -8.4% |
| KO The Coca-Cola Co. | 0.78% | 78,089 | $4.8M | Add +0.2% |
| PEP Pepsico Inc. | 0.71% | 24,928 | $4.4M | Add +32.4% |
| VYM Vanguard High DVD Yield ETF | 0.69% | 35,136 | $4.3M | Add +7.5% |
| NEE Nextera Energy Inc. | 0.64% | 61,576 | $3.9M | Reduce -12.6% |
| ITW Illinois Tool Works | 0.54% | 12,387 | $3.3M | Reduce -5.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.43% | 7,595 | $2.6M | Add +2.1% |
| CEG Constellation Energy | 0.33% | 10,932 | $2.0M | Reduce -0.6% |
| EXC Exelon Corp. | 0.33% | 53,697 | $2.0M | Add +16.1% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.30% | 74,707 | $1.9M | Add +27.8% |
| IBDP iShares Ibonds Dec 2024 Term | 0.30% | 72,806 | $1.8M | Add +24.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.29% | 7,057 | $1.8M | Add +2.6% |
| IBDR iShares Ibonds Dec 2026 Term | 0.28% | 72,645 | $1.7M | Add +50.8% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.27% | 6,450 | $1.7M | Add +5.4% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.26% | 66,670 | $1.6M | Add +266.3% |
| WAB Wabtec Corp. | 0.23% | 9,844 | $1.4M | Reduce -5.1% |
| PH Parker Hannifin Corp. | 0.19% | 2,081 | $1.2M | No change |
| VOO Vanguard S&P 500 ETF | 0.12% | 1,565 | $752K | Add +7.1% |
| GD General Dynamics Corp. | 0.12% | 2,584 | $730K | Reduce -24.0% |
| SCHX Schwab US Large-Cap ETF | 0.09% | 8,993 | $558K | Add +3.3% |
| SCHD Schwab US DVD Equity ETF | 0.09% | 6,545 | $528K | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 0.08% | 3,332 | $503K | New |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.04% | 3,949 | $227K | Reduce -16.7% |
Portfolio Sells Q4 2023 → Q1 2024
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.75 |
| WSO Watsco Inc. | Reduce -11.4% | 2.34% | −0.58 |
| COST Costco Wholesale Corp. | Reduce -31.9% | 1.14% | −0.54 |
| ACN Accenture PLC Class A | Reduce -0.5% | 2.73% | −0.36 |
| LQDH iShares Int Hedg Corp. BD ETF | Sold out | 0.00% | −0.33 |
| CCI Crown Castle Inc. | Reduce -5.5% | 1.02% | −0.29 |
| HUM Humana Inc. | Sold out | 0.00% | −0.29 |
| DUK Duke Energy Corp. | Reduce -8.4% | 0.82% | −0.18 |
| V Visa Inc. Class A | Reduce -1.9% | 2.69% | −0.16 |
| NEE Nextera Energy Inc. | Reduce -12.6% | 0.64% | −0.14 |
| ITW Illinois Tool Works | Reduce -5.3% | 0.54% | −0.08 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.07 |
| GD General Dynamics Corp. | Reduce -24.0% | 0.12% | −0.04 |
| WMT Walmart Inc. | Reduce -4.8% | 1.25% | −0.03 |
| HD Home Depot Inc. | Reduce -0.0% | 2.18% | −0.01 |
| BNY Bank of New York Mellon Corp. | Reduce -16.7% | 0.04% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -1.1% | 0.09% | −0.01 |
| WAB Wabtec Corp. | Reduce -5.1% | 0.23% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -1.8% | 1.49% | +0.05 |
| CEG Constellation Energy | Reduce -0.6% | 0.33% | +0.10 |
| LLY Eli Lilly & Co. | Reduce -4.4% | 2.66% | +0.34 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | New | 1.22% | +1.22 |
| ANET Arista Networks Inc. | New | 0.95% | +0.95 |
| AVGO Broadcom Inc. | Add +14.4% | 3.17% | +0.57 |
| FISV Fiserv Inc. | Add +6.6% | 2.98% | +0.39 |
| AMZN Amazon.com Inc. | Add +6.2% | 3.02% | +0.35 |
| LRCX Lam Research Corp. | Add +3.6% | 2.08% | +0.28 |
| HSY The Hershey Co. | Add +36.9% | 1.05% | +0.23 |
| MSFT Microsoft Corp. | Add +2.6% | 6.22% | +0.18 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +266.3% | 0.26% | +0.18 |
| CTVA Corteva Inc. | Add +11.8% | 1.01% | +0.17 |
| GOOG Alphabet Inc. Class C | Add +6.2% | 5.56% | +0.16 |
| RTX RTX Corp. | Add +5.0% | 1.79% | +0.15 |
| PEP Pepsico Inc. | Add +32.4% | 0.71% | +0.13 |
| VCIT Vanguard Int-Term Corporate | Add +23.7% | 1.20% | +0.11 |
| DRI Darden Restaurants Inc. | Add +17.2% | 1.32% | +0.09 |
| SYK Stryker Corp. | Add +0.1% | 1.23% | +0.08 |
| GOOGL Alphabet Inc. Class A | New | 0.08% | +0.08 |
| VZ Verizon Communications Inc. | Add +9.5% | 0.94% | +0.08 |
| IBDR iShares Ibonds Dec 2026 Term | Add +50.8% | 0.28% | +0.07 |
| COP Conocophillips | Add +4.8% | 2.28% | +0.07 |
| IBMP iShares Ibonds Dec 2027 Term | Add +19.1% | 1.16% | +0.06 |
| PG The Procter & Gamble Co. | Add +5.8% | 0.99% | +0.05 |
| PLD Prologis Inc. | Add +18.8% | 1.00% | +0.04 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +27.8% | 0.30% | +0.04 |
| IBDP iShares Ibonds Dec 2024 Term | Add +24.6% | 0.30% | +0.03 |
| VYM Vanguard High DVD Yield ETF | Add +7.5% | 0.69% | +0.03 |
| IBMO iShares Ibonds Dec 2026 Term | Add +14.6% | 1.27% | +0.03 |
| EXC Exelon Corp. | Add +16.1% | 0.33% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +2.5% | 3.13% | +0.02 |
| CVX Chevron Corp. | Add +6.0% | 1.57% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +7.1% | 0.12% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.1% | 0.43% | +0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +5.4% | 0.27% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +3.3% | 0.09% | +0.00 |
| NSC Norfolk Southern Corp. | Add +3.0% | 0.94% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +2.6% | 0.29% | −0.00 |
| LHX L3HARRIS Technologies Inc. | Add +8.2% | 1.01% | −0.02 |
| ABT Abbott Laboratories | Add +5.7% | 1.28% | −0.03 |
| TXN Texas Instruments Inc. | Add +7.1% | 1.80% | −0.03 |
| IBMN iShares Ibonds Dec 2025 Term | Add +9.1% | 1.32% | −0.03 |
| BX Blackstone Inc. | Add +7.5% | 1.11% | −0.04 |
| BDX Becton Dickinson and Co. | Add +6.3% | 1.28% | −0.04 |
| PNC PNC Financial Services Group | Add +4.9% | 2.63% | −0.05 |
| KO The Coca-Cola Co. | Add +0.2% | 0.78% | −0.06 |
| IBMM iShares Ibonds Dec 2024 Term | Add +5.3% | 1.25% | −0.07 |
| BLK BlackRock Finance Inc. | Add +4.4% | 2.07% | −0.08 |
| UNH Unitedhealth Group Inc. | Add +13.6% | 2.01% | −0.09 |
| JNJ Johnson & Johnson | Add +2.9% | 1.42% | −0.10 |
| HON Honeywell International Inc. | Add +2.4% | 0.95% | −0.11 |
| SBUX Starbucks Corp. | Add +5.3% | 0.97% | −0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 73 | $773.9M | GOOG, LRCX, AVGO, NVDA, MSFT |
| Q1 2026 | 74 | $680.5M | GOOG, AVGO, MSFT, LRCX, NVDA |
| Q4 2025 | 74 | $731.7M | GOOG, AVGO, MSFT, AAPL, NVDA |
| Q3 2025 | 75 | $763.9M | GOOG, MSFT, AVGO, NVDA, AAPL |
| Q2 2025 | 71 | $700.0M | MSFT, GOOG, AVGO, NVDA, AAPL |
| Q1 2025 | 71 | $643.4M | GOOG, MSFT, AAPL, AVGO, NVDA |
| Q4 2024Amended | 72 | $666.3M | GOOG, MSFT, AAPL, AVGO, NVDA |
| Q3 2024 | 71 | $665.2M | MSFT, GOOG, AAPL, AVGO, NVDA |
| Q2 2024Amended | 71 | $623.3M | GOOG, MSFT, AAPL, AVGO, NVDA |
| Q1 2024Amended | 72 | $613.4M | MSFT, GOOG, AAPL, AVGO, TMO |