Covington Investment Advisors Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Covington Investment Advisors Inc. reported 75 stock positions worth $763.9 million. Its top holding was Alphabet Class C (GOOG) at 7.2% of the portfolio, followed by Microsoft (MSFT, 6.4%) and Broadcom (AVGO, 5.9%). Compared with Q2 2025, it opened 4 new positions, added to 37 and reduced 29. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale Visa Class A (V, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- LIGONIER, PA
- CIK
- 0001569036
- Portfolio Value
- $763.9M (Q3 2025)
- SEC Filing
- 0001569036-25-000008 ↗ filed Nov 12, 2025
Holdings Value
Holdings 75 stocks · $763.9M
| GOOG Alphabet Inc. Class C | 7.21% | 226,189 | $55.1M | Reduce -0.2% |
| MSFT Microsoft Corp. | 6.38% | 94,079 | $48.7M | Add +0.0% |
| AVGO Broadcom Inc. | 5.88% | 136,174 | $44.9M | Reduce -3.0% |
| NVDA Nvidia Corp. | 4.78% | 195,888 | $36.5M | Reduce -0.0% |
| AAPL Apple Inc. | 4.51% | 135,230 | $34.4M | Add +0.5% |
| AMZN Amazon.com Inc. | 3.43% | 119,283 | $26.2M | Add +1.4% |
| ANET Arista Networks Inc. | 3.20% | 167,861 | $24.5M | Reduce -3.0% |
| LRCX Lam Research Corp. | 3.02% | 172,280 | $23.1M | Reduce -0.0% |
| PNC PNC Financial Services Group | 2.53% | 96,220 | $19.3M | Add +0.2% |
| V Visa Inc. Class A | 2.53% | 56,595 | $19.3M | Reduce -0.2% |
| RTX RTX Corp. | 2.39% | 108,984 | $18.2M | Reduce -0.1% |
| BLK BlackRock Finance Inc. | 2.36% | 15,460 | $18.0M | Add +0.1% |
| LLY Eli Lilly & Co. | 2.20% | 21,997 | $16.8M | Add +1.8% |
| TMO Thermo Fisher Scientific Inc. | 2.16% | 34,090 | $16.5M | Add +0.2% |
| META Meta Platforms Inc. Class A | 2.11% | 21,899 | $16.1M | Reduce -0.1% |
| SPGI S&P Global Inc. | 2.06% | 32,267 | $15.7M | Add +0.2% |
| WSO Watsco Inc. | 1.80% | 34,000 | $13.7M | Add +3.0% |
| FISV Fiserv Inc. | 1.63% | 96,531 | $12.4M | Add +2.6% |
| HD Home Depot Inc. | 1.56% | 29,400 | $11.9M | Reduce -0.1% |
| A Agilent Technologies Inc. | 1.50% | 89,311 | $11.5M | Add +0.1% |
| DRI Darden Restaurants Inc. | 1.45% | 57,994 | $11.0M | Add +0.1% |
| COP Conocophillips | 1.41% | 113,739 | $10.8M | Reduce -0.1% |
| JNJ Johnson & Johnson | 1.36% | 55,965 | $10.4M | Reduce -0.1% |
| TXN Texas Instruments Inc. | 1.36% | 56,367 | $10.4M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.33% | 32,191 | $10.2M | Reduce -1.4% |
| CAT Caterpillar Inc. | 1.28% | 20,537 | $9.8M | Add +0.2% |
| APD Air Products & Chemicals Inc. | 1.27% | 35,651 | $9.7M | Reduce -1.2% |
| ABT Abbott Laboratories | 1.24% | 70,826 | $9.5M | Reduce -0.3% |
| MCD McDonald's Corp. | 1.20% | 30,132 | $9.2M | Add +0.0% |
| SNPS Synopsys Inc. | 1.19% | 18,413 | $9.1M | Add +0.5% |
| LHX L3HARRIS Technologies Inc. | 1.17% | 29,287 | $8.9M | Reduce -0.1% |
| HON Honeywell International Inc. | 1.16% | 41,955 | $8.8M | Add +47.3% |
| IBMP iShares Ibonds Dec 2027 Term | 1.12% | 336,815 | $8.6M | Add +2.3% |
| BX Blackstone Inc. | 1.09% | 48,897 | $8.4M | No change |
| WMT Walmart Inc. | 1.07% | 79,514 | $8.2M | Reduce -0.0% |
| VCIT Vanguard Int-Term Corporate | 1.06% | 96,333 | $8.1M | Reduce -0.2% |
| IBMQ iShares Ibonds Dec 2028 Muni | 1.05% | 312,670 | $8.0M | Add +1.4% |
| IBMO iShares Ibonds Dec 2026 Term | 1.04% | 309,830 | $8.0M | Add +1.1% |
| SYK Stryker Corp. | 1.01% | 20,134 | $7.7M | No change |
| CTVA Corteva Inc. | 0.98% | 111,247 | $7.5M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.93% | 7,710 | $7.1M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.87% | 43,219 | $6.6M | Add +0.0% |
| PLD Prologis Inc. | 0.84% | 56,204 | $6.4M | Add +0.9% |
| VYM Vanguard High DVD Yield ETF | 0.83% | 45,022 | $6.3M | Add +5.5% |
| DUK Duke Energy Corp. | 0.83% | 51,170 | $6.3M | Add +0.5% |
| IBMN iShares Ibonds Dec 2025 Term | 0.83% | 235,579 | $6.3M | Reduce -3.8% |
| KO The Coca-Cola Co. | 0.71% | 82,328 | $5.5M | Add +0.2% |
| CVX Chevron Corp. | 0.63% | 31,176 | $4.8M | Add +0.3% |
| WHD Cactus Inc. Class A | 0.62% | 120,816 | $4.8M | Add +0.1% |
| PEP Pepsico Inc. | 0.57% | 31,254 | $4.4M | Reduce -0.2% |
| NEE Nextera Energy Inc. | 0.56% | 56,749 | $4.3M | Reduce -0.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.55% | 8,712 | $4.2M | Add +2.1% |
| CEG Constellation Energy | 0.52% | 12,187 | $4.0M | Reduce -1.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.33% | 8,531 | $2.5M | Add +7.2% |
| EXC Exelon Corp. | 0.31% | 53,399 | $2.4M | Reduce -0.2% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.30% | 88,896 | $2.3M | Add +14.3% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.28% | 88,559 | $2.2M | Add +3.4% |
| IBDR iShares Ibonds Dec 2026 Term | 0.27% | 85,362 | $2.1M | Add +1.9% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.26% | 6,761 | $2.0M | Add +8.6% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.26% | 78,551 | $2.0M | Reduce -1.2% |
| WAB Wabtec Corp. | 0.24% | 9,158 | $1.8M | Reduce -0.4% |
| PH Parker Hannifin Corp. | 0.23% | 2,269 | $1.7M | Reduce -0.3% |
| SCHD Schwab US DVD Equity ETF | 0.22% | 60,825 | $1.7M | Add +206.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.16% | 2,389 | $1.2M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 0.15% | 4,739 | $1.2M | No change |
| SCHX Schwab US Large-Cap ETF | 0.12% | 36,210 | $954K | Add +3.1% |
| VOO Vanguard S&P 500 ETF | 0.12% | 1,460 | $894K | Reduce -1.7% |
| CB Chubb Ltd. | 0.08% | 2,284 | $645K | New |
| GD General Dynamics Corp. | 0.08% | 1,776 | $606K | Reduce -3.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 577 | $384K | Add +9.5% |
| RSG Republic Services Inc. | 0.03% | 1,050 | $240K | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.03% | 776 | $239K | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.03% | 2,350 | $216K | New |
| COR Cencora Inc. | 0.03% | 665 | $208K | New |
| PLTR Palantir Technologies Inc. Class A | 0.03% | 1,140 | $208K | New |
Portfolio Sells Q2 2025 → Q3 2025
| V Visa Inc. Class A | Reduce -0.2% | 2.53% | −0.35 |
| TXN Texas Instruments Inc. | Reduce -0.5% | 1.36% | −0.32 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 2.11% | −0.21 |
| CTVA Corteva Inc. | Reduce -0.1% | 0.98% | −0.20 |
| APD Air Products & Chemicals Inc. | Reduce -1.2% | 1.27% | −0.18 |
| ABT Abbott Laboratories | Reduce -0.3% | 1.24% | −0.14 |
| IBMN iShares Ibonds Dec 2025 Term | Reduce -3.8% | 0.83% | −0.11 |
| VCIT Vanguard Int-Term Corporate | Reduce -0.2% | 1.06% | −0.08 |
| COP Conocophillips | Reduce -0.1% | 1.41% | −0.05 |
| CEG Constellation Energy | Reduce -1.4% | 0.52% | −0.04 |
| WMT Walmart Inc. | Reduce -0.0% | 1.07% | −0.04 |
| WAB Wabtec Corp. | Reduce -0.4% | 0.24% | −0.03 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -1.2% | 0.26% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -1.4% | 1.33% | −0.02 |
| EXC Exelon Corp. | Reduce -0.2% | 0.31% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.2% | 0.57% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -1.7% | 0.12% | −0.00 |
| NEE Nextera Energy Inc. | Reduce -0.2% | 0.56% | −0.00 |
| PH Parker Hannifin Corp. | Reduce -0.3% | 0.23% | −0.00 |
| GD General Dynamics Corp. | Reduce -3.8% | 0.08% | +0.00 |
| HD Home Depot Inc. | Reduce -0.1% | 1.56% | +0.02 |
| RTX RTX Corp. | Reduce -0.1% | 2.39% | +0.11 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.1% | 1.17% | +0.12 |
| JNJ Johnson & Johnson | Reduce -0.1% | 1.36% | +0.14 |
| AVGO Broadcom Inc. | Reduce -3.0% | 5.88% | +0.35 |
| NVDA Nvidia Corp. | Reduce -0.0% | 4.78% | +0.36 |
| LRCX Lam Research Corp. | Reduce -0.0% | 3.02% | +0.62 |
| ANET Arista Networks Inc. | Reduce -3.0% | 3.20% | +0.67 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 7.21% | +1.47 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.5% | 4.51% | +0.56 |
| HON Honeywell International Inc. | Add +47.3% | 1.16% | +0.21 |
| TMO Thermo Fisher Scientific Inc. | Add +0.2% | 2.16% | +0.19 |
| CAT Caterpillar Inc. | Add +0.2% | 1.28% | +0.15 |
| SCHD Schwab US DVD Equity ETF | Add +206.1% | 0.22% | +0.14 |
| CB Chubb Ltd. | New | 0.08% | +0.08 |
| BLK BlackRock Finance Inc. | Add +0.1% | 2.36% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.03% | +0.03 |
| COR Cencora Inc. | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | New | 0.03% | +0.03 |
| VYM Vanguard High DVD Yield ETF | Add +5.5% | 0.83% | +0.02 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +8.6% | 0.26% | +0.02 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +14.3% | 0.30% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.1% | 0.55% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +7.2% | 0.33% | +0.01 |
| PLD Prologis Inc. | Add +0.9% | 0.84% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +9.5% | 0.05% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +3.1% | 0.12% | +0.00 |
| CVX Chevron Corp. | Add +0.3% | 0.63% | −0.00 |
| A Agilent Technologies Inc. | Add +0.1% | 1.50% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.8% | 0.16% | −0.00 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +3.4% | 0.28% | −0.01 |
| IBDR iShares Ibonds Dec 2026 Term | Add +1.9% | 0.27% | −0.02 |
| PNC PNC Financial Services Group | Add +0.2% | 2.53% | −0.03 |
| DUK Duke Energy Corp. | Add +0.5% | 0.83% | −0.03 |
| MCD McDonald's Corp. | Add +0.0% | 1.20% | −0.06 |
| IBMP iShares Ibonds Dec 2027 Term | Add +2.3% | 1.12% | −0.07 |
| IBMQ iShares Ibonds Dec 2028 Muni | Add +1.4% | 1.05% | −0.07 |
| IBMO iShares Ibonds Dec 2026 Term | Add +1.1% | 1.04% | −0.08 |
| PG The Procter & Gamble Co. | Add +0.0% | 0.87% | −0.11 |
| KO The Coca-Cola Co. | Add +0.2% | 0.71% | −0.12 |
| WHD Cactus Inc. Class A | Add +0.1% | 0.62% | −0.13 |
| SNPS Synopsys Inc. | Add +0.5% | 1.19% | −0.15 |
| COST Costco Wholesale Corp. | Add +0.1% | 0.93% | −0.15 |
| LLY Eli Lilly & Co. | Add +1.8% | 2.20% | −0.21 |
| AMZN Amazon.com Inc. | Add +1.4% | 3.43% | −0.26 |
| WSO Watsco Inc. | Add +3.0% | 1.80% | −0.28 |
| MSFT Microsoft Corp. | Add +0.0% | 6.38% | −0.30 |
| DRI Darden Restaurants Inc. | Add +0.1% | 1.45% | −0.36 |
| SPGI S&P Global Inc. | Add +0.2% | 2.06% | −0.37 |
| FISV Fiserv Inc. | Add +2.6% | 1.63% | −0.69 |
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 |