Covington Investment Advisors Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Covington Investment Advisors Inc. reported 71 stock positions worth $643.4 million. Its top holding was Alphabet Class C (GOOG) at 5.7% of the portfolio, followed by Microsoft (MSFT, 5.5%) and Apple (AAPL, 4.7%). Compared with Q4 2024, it opened 1 new position, sold out of 2, added to 52 and reduced 11. The biggest buy was a new position in Agilent Technologies (A) and the biggest sale an exit from Unitedhealth (UNH).
- Most Recent 13F
- Q2 2026
- Location
- LIGONIER, PA
- CIK
- 0001569036
- Portfolio Value
- $643.4M (Q1 2025)
- SEC Filing
- 0001569036-25-000004 ↗ filed May 12, 2025
Holdings Value
Holdings 71 stocks · $643.4M
| GOOG Alphabet Inc. Class C | 5.67% | 233,535 | $36.5M | Add +3.7% |
| MSFT Microsoft Corp. | 5.47% | 93,782 | $35.2M | Add +5.0% |
| AAPL Apple Inc. | 4.70% | 136,261 | $30.3M | Add +0.0% |
| AVGO Broadcom Inc. | 3.78% | 145,357 | $24.3M | Reduce -1.1% |
| NVDA Nvidia Corp. | 3.28% | 194,665 | $21.1M | Add +3.2% |
| AMZN Amazon.com Inc. | 3.25% | 109,773 | $20.9M | Add +8.7% |
| FISV Fiserv Inc. | 3.11% | 90,611 | $20.0M | Reduce -0.1% |
| V Visa Inc. Class A | 3.08% | 56,641 | $19.9M | Add +0.7% |
| LLY Eli Lilly & Co. | 2.73% | 21,285 | $17.6M | Add +3.1% |
| PNC PNC Financial Services Group | 2.59% | 94,731 | $16.7M | Add +1.0% |
| WSO Watsco Inc. | 2.55% | 32,220 | $16.4M | Add +0.7% |
| SPGI S&P Global Inc. | 2.50% | 31,618 | $16.1M | Add +1.2% |
| TMO Thermo Fisher Scientific Inc. | 2.49% | 32,217 | $16.0M | Add +2.7% |
| RTX RTX Corp. | 2.25% | 109,149 | $14.5M | Add +1.0% |
| BLK BlackRock Finance Inc. | 2.22% | 15,079 | $14.3M | Add +1.4% |
| ACN Accenture PLC Class A | 2.13% | 44,003 | $13.7M | Add +0.7% |
| ANET Arista Networks Inc. | 2.03% | 168,372 | $13.0M | Add +1.9% |
| LRCX Lam Research Corp. | 1.94% | 171,345 | $12.5M | Add +5.9% |
| DRI Darden Restaurants Inc. | 1.89% | 58,486 | $12.2M | Add +0.8% |
| COP Conocophillips | 1.83% | 112,027 | $11.8M | Add +5.7% |
| TXN Texas Instruments Inc. | 1.77% | 63,499 | $11.4M | Add +2.7% |
| HD Home Depot Inc. | 1.70% | 29,799 | $10.9M | Reduce -0.5% |
| APD Air Products & Chemicals Inc. | 1.68% | 36,716 | $10.8M | Add +0.1% |
| META Meta Platforms Inc. Class A | 1.63% | 18,176 | $10.5M | Add +9.8% |
| A Agilent Technologies Inc. | 1.59% | 87,395 | $10.2M | New |
| CVX Chevron Corp. | 1.54% | 59,130 | $9.9M | Add +1.3% |
| MCD McDonald's Corp. | 1.46% | 30,067 | $9.4M | Add +0.6% |
| JNJ Johnson & Johnson | 1.43% | 55,630 | $9.2M | Add +9.8% |
| JPM JPMorgan Chase & Co. | 1.29% | 33,740 | $8.3M | Reduce -4.3% |
| IBMP iShares Ibonds Dec 2027 Term | 1.28% | 324,665 | $8.2M | Add +6.3% |
| VCIT Vanguard Int-Term Corporate | 1.24% | 97,505 | $8.0M | Reduce -1.6% |
| IBMO iShares Ibonds Dec 2026 Term | 1.21% | 301,290 | $7.8M | Add +2.5% |
| COST Costco Wholesale Corp. | 1.17% | 7,928 | $7.5M | Reduce -5.3% |
| SYK Stryker Corp. | 1.16% | 20,127 | $7.5M | Add +0.3% |
| WMT Walmart Inc. | 1.15% | 84,417 | $7.4M | Reduce -10.0% |
| IBMQ iShares Ibonds Dec 2028 Muni | 1.11% | 282,115 | $7.1M | Add +17.6% |
| IBMN iShares Ibonds Dec 2025 Term | 1.09% | 263,183 | $7.0M | Reduce -0.7% |
| CTVA Corteva Inc. | 1.09% | 111,693 | $7.0M | Add +2.4% |
| BX Blackstone Inc. | 1.07% | 49,365 | $6.9M | Add +1.3% |
| PG The Procter & Gamble Co. | 1.04% | 39,229 | $6.7M | Add +7.4% |
| DUK Duke Energy Corp. | 0.96% | 50,823 | $6.2M | Add +2.7% |
| LHX L3HARRIS Technologies Inc. | 0.95% | 29,154 | $6.1M | Add +2.8% |
| HON Honeywell International Inc. | 0.91% | 27,592 | $5.8M | Add +1.7% |
| HSY The Hershey Co. | 0.87% | 32,737 | $5.6M | Add +18.4% |
| KO The Coca-Cola Co. | 0.86% | 77,628 | $5.6M | Add +5.2% |
| VYM Vanguard High DVD Yield ETF | 0.84% | 41,782 | $5.4M | Add +8.9% |
| PLD Prologis Inc. | 0.82% | 47,079 | $5.3M | Add +5.6% |
| CAT Caterpillar Inc. | 0.79% | 15,380 | $5.1M | Add +942.7% |
| NSC Norfolk Southern Corp. | 0.71% | 19,171 | $4.5M | No change |
| PEP Pepsico Inc. | 0.64% | 27,614 | $4.1M | Add +10.4% |
| NEE Nextera Energy Inc. | 0.63% | 57,189 | $4.1M | Reduce -0.1% |
| ABT Abbott Laboratories | 0.62% | 70,776 | $4.0M | Add +2.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.49% | 8,467 | $3.1M | Add +5.0% |
| CEG Constellation Energy | 0.39% | 12,362 | $2.5M | Add +13.1% |
| EXC Exelon Corp. | 0.38% | 53,424 | $2.5M | No change |
| IBDR iShares Ibonds Dec 2026 Term | 0.31% | 83,415 | $2.0M | Add +2.6% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.31% | 83,500 | $2.0M | Add +3.2% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.31% | 79,987 | $2.0M | Add +0.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.30% | 7,567 | $2.0M | Add +2.7% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.26% | 67,052 | $1.7M | Add +18.0% |
| WAB Wabtec Corp. | 0.26% | 9,291 | $1.7M | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.24% | 6,242 | $1.6M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 2,324 | $1.2M | No change |
| PH Parker Hannifin Corp. | 0.18% | 1,951 | $1.2M | Reduce -2.0% |
| VOO Vanguard S&P 500 ETF | 0.12% | 1,540 | $791K | Add +2.9% |
| SCHX Schwab US Large-Cap ETF | 0.12% | 33,745 | $745K | Add +7.8% |
| GOOGL Alphabet Inc. Class A | 0.09% | 3,625 | $561K | No change |
| SCHD Schwab US DVD Equity ETF | 0.08% | 19,016 | $532K | Add +8.8% |
| GD General Dynamics Corp. | 0.08% | 1,919 | $523K | Reduce -1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 527 | $295K | No change |
| RSG Republic Services Inc. | 0.04% | 1,050 | $254K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.93 |
| AVGO Broadcom Inc. | Reduce -1.1% | 3.78% | −1.33 |
| WMT Walmart Inc. | Reduce -10.0% | 1.15% | −0.12 |
| HD Home Depot Inc. | Reduce -0.5% | 1.70% | −0.05 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.03 |
| PH Parker Hannifin Corp. | Reduce -2.0% | 0.18% | −0.01 |
| GD General Dynamics Corp. | Reduce -1.5% | 0.08% | +0.00 |
| NEE Nextera Energy Inc. | Reduce -0.1% | 0.63% | +0.01 |
| COST Costco Wholesale Corp. | Reduce -5.3% | 1.17% | +0.01 |
| JPM JPMorgan Chase & Co. | Reduce -4.3% | 1.29% | +0.02 |
| IBMN iShares Ibonds Dec 2025 Term | Reduce -0.7% | 1.09% | +0.04 |
| VCIT Vanguard Int-Term Corporate | Reduce -1.6% | 1.24% | +0.05 |
| FISV Fiserv Inc. | Reduce -0.1% | 3.11% | +0.32 |
Portfolio Buys Q4 2024 → Q1 2025
| A Agilent Technologies Inc. | New | 1.59% | +1.59 |
| V Visa Inc. Class A | Add +0.7% | 3.08% | +0.42 |
| RTX RTX Corp. | Add +1.0% | 2.25% | +0.37 |
| LLY Eli Lilly & Co. | Add +3.1% | 2.73% | +0.34 |
| JNJ Johnson & Johnson | Add +9.8% | 1.43% | +0.33 |
| WSO Watsco Inc. | Add +0.7% | 2.55% | +0.28 |
| CVX Chevron Corp. | Add +1.3% | 1.54% | +0.27 |
| DRI Darden Restaurants Inc. | Add +0.8% | 1.89% | +0.26 |
| COP Conocophillips | Add +5.7% | 1.83% | +0.25 |
| IBMQ iShares Ibonds Dec 2028 Muni | Add +17.6% | 1.11% | +0.20 |
| LRCX Lam Research Corp. | Add +5.9% | 1.94% | +0.18 |
| KO The Coca-Cola Co. | Add +5.2% | 0.86% | +0.17 |
| META Meta Platforms Inc. Class A | Add +9.8% | 1.63% | +0.17 |
| HSY The Hershey Co. | Add +18.4% | 0.87% | +0.17 |
| DUK Duke Energy Corp. | Add +2.7% | 0.96% | +0.16 |
| SPGI S&P Global Inc. | Add +1.2% | 2.50% | +0.16 |
| CTVA Corteva Inc. | Add +2.4% | 1.09% | +0.16 |
| MCD McDonald's Corp. | Add +0.6% | 1.46% | +0.16 |
| IBMP iShares Ibonds Dec 2027 Term | Add +6.3% | 1.28% | +0.12 |
| PG The Procter & Gamble Co. | Add +7.4% | 1.04% | +0.12 |
| PLD Prologis Inc. | Add +5.6% | 0.82% | +0.11 |
| VYM Vanguard High DVD Yield ETF | Add +8.9% | 0.84% | +0.10 |
| APD Air Products & Chemicals Inc. | Add +0.1% | 1.68% | +0.09 |
| IBMO iShares Ibonds Dec 2026 Term | Add +2.5% | 1.21% | +0.09 |
| SYK Stryker Corp. | Add +0.3% | 1.16% | +0.08 |
| PEP Pepsico Inc. | Add +10.4% | 0.64% | +0.07 |
| LHX L3HARRIS Technologies Inc. | Add +2.8% | 0.95% | +0.05 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +18.0% | 0.26% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +2.7% | 2.49% | +0.04 |
| TXN Texas Instruments Inc. | Add +2.7% | 1.77% | +0.03 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +3.2% | 0.31% | +0.02 |
| CEG Constellation Energy | Add +13.1% | 0.39% | +0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Add +2.6% | 0.31% | +0.02 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +0.5% | 0.31% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +2.7% | 0.30% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +8.8% | 0.08% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +7.8% | 0.12% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +2.9% | 0.12% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +5.0% | 0.49% | −0.01 |
| HON Honeywell International Inc. | Add +1.7% | 0.91% | −0.01 |
| CAT Caterpillar Inc. | Add +942.7% | 0.79% | −0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +1.3% | 0.24% | −0.01 |
| BLK BlackRock Finance Inc. | Add +1.4% | 2.22% | −0.07 |
| AMZN Amazon.com Inc. | Add +8.7% | 3.25% | −0.08 |
| PNC PNC Financial Services Group | Add +1.0% | 2.59% | −0.13 |
| ACN Accenture PLC Class A | Add +0.7% | 2.13% | −0.17 |
| MSFT Microsoft Corp. | Add +5.0% | 5.47% | −0.18 |
| BX Blackstone Inc. | Add +1.3% | 1.07% | −0.19 |
| AAPL Apple Inc. | Add +0.0% | 4.70% | −0.41 |
| NVDA Nvidia Corp. | Add +3.2% | 3.28% | −0.52 |
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 |