Hazlett, Burt & Watson, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Hazlett, Burt & Watson, Inc. reported 879 stock positions worth $283.0 million. Its top holding was Apple (AAPL) at 5.6% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 4.7%) and Microsoft (MSFT, 3.3%). Compared with Q2 2025, it opened 113 new positions, sold out of 55, added to 316 and reduced 117. The biggest buy was Nvidia (NVDA, shares +68%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −57%).

Most Recent 13F
Q2 2026
Location
WHEELING, WV
CIK
0000046392
Portfolio Value
$283.0M (Q3 2025)
SEC Filing
0000046392-25-000008 ↗ filed Nov 4, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $166.8M Q1 2024 Q2 2024: $194.2M Q2 2024 Q3 2024: $217.4M Q3 2024 Q4 2024: $225.9M Q4 2024 Q1 2025: $222.5M Q1 2025 Q2 2025: $244.2M Q2 2025 Q3 2025: $283.0M $283.0M Q3 2025 Q4 2025: $313.0M Q4 2025 Q1 2026: $319.7M Q1 2026 Q2 2026: $376.6M Q2 2026

Holdings 879 stocks · $283.0M
AAPL Apple Inc. 5.63% 62,593 $15.9M Add +6.6%
QQQ Invesco QQQ Trust Series 1 4.66% 21,983 $13.2M Add +0.9%
MSFT Microsoft Corp. 3.31% 18,091 $9.4M Add +5.7%
NVDA Nvidia Corp. 3.20% 48,545 $9.1M Add +68.5%
AMZN Amazon.com Inc. 2.90% 37,445 $8.2M Add +14.3%
XOM Exxon Mobil Corp. 1.54% 38,538 $4.3M Reduce -0.6%
SCHD Schwab US DVD Equity ETF 1.50% 155,749 $4.2M Reduce -57.1%
MA Mastercard Inc. Class A 1.42% 7,036 $4.0M Reduce -1.0%
AVGO Broadcom Inc. 1.30% 11,193 $3.7M Add +16.4%
PNC PNC Financial Services Group 1.28% 17,972 $3.6M Add +0.5%
ORCL Oracle Corp. 1.27% 12,790 $3.6M Add +3.2%
JNJ Johnson & Johnson 1.23% 18,808 $3.5M Reduce -1.9%
GOOG Alphabet Inc. Class C 1.20% 13,949 $3.4M Add +32.9%
BRK.B Berkshire Hathaway Inc. Class B 1.19% 6,719 $3.4M Add +4.1%
JPM JPMorgan Chase & Co. 1.17% 10,488 $3.3M Add +3.4%
LMT Lockheed Martin Corp. 1.05% 5,937 $3.0M Add +1.9%
DVY iShares Select Dividend ETF 0.98% 19,631 $2.8M Reduce -1.0%
DGRO iShares Core Dividend Growth 0.97% 40,187 $2.7M Add +0.1%
SDHY Pgim SHRT Durat Hi YLD 0.96% 162,504 $2.7M Add +9.4%
GOOGL Alphabet Inc. Class A 0.95% 11,067 $2.7M Add +7.3%
VIG Vanguard Dividend Apprec ETF 0.94% 12,289 $2.7M Reduce -2.1%
VGT Vanguard Info Tech ETF 0.89% 3,391 $2.5M Reduce -0.6%
PG The Procter & Gamble Co. 0.86% 15,923 $2.4M Reduce -1.0%
PAVE Global X US Infrastructure 0.86% 51,190 $2.4M Add +7.3%
PPA Invesco Aerospace & Defense 0.85% 15,472 $2.4M Add +8.8%
ABBV Abbvie Inc. 0.85% 10,344 $2.4M Add +7.9%
KBWB Invesco KBW Bank ETF 0.84% 30,514 $2.4M Add +13.2%
HD Home Depot Inc. 0.82% 5,692 $2.3M Add +0.8%
HSY The Hershey Co. 0.75% 11,349 $2.1M No change
TLH iShares 10-20 Year Treasury 0.74% 20,425 $2.1M Add +7.1%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.74% 15,183 $2.1M Add +1.4%
COST Costco Wholesale Corp. 0.73% 2,220 $2.1M Add +5.1%
V Visa Inc. Class A 0.71% 5,899 $2.0M Add +4.2%
RTX RTX Corp. 0.70% 11,923 $2.0M Add +2.6%
UNP Union Pacific Corp. 0.69% 8,309 $2.0M No change
META Meta Platforms Inc. Class A 0.66% 2,537 $1.9M Add +36.7%
CAT Caterpillar Inc. 0.65% 3,859 $1.8M Reduce -5.7%
IVW iShares S&P 500 Growth ETF 0.64% 14,997 $1.8M Add +10.1%
PLTR Palantir Technologies Inc. Class A 0.64% 9,864 $1.8M Add +111.1%
IVE iShares S&P 500 Value ETF 0.63% 8,696 $1.8M Add +10.9%
LLY Eli Lilly & Co. 0.57% 2,102 $1.6M Add +14.2%
NFLX Netflix Inc. 0.57% 1,338 $1.6M Add +10.1%
DGRW Wisdomtree U.S. Quality Divi 0.57% 18,026 $1.6M Add +0.6%
IHI iShares U.S. Medical Devices 0.55% 25,921 $1.6M Reduce -9.3%
GD General Dynamics Corp. 0.55% 4,584 $1.6M Add +2.7%
IGM iShares Expanded Tech Sector 0.54% 12,213 $1.5M Add +20.8%
ASML ASML Holding NV-NY Reg SHS 0.52% 1,503 $1.5M Add +17.0%
EMR Emerson Electric Co. 0.49% 10,626 $1.4M Add +0.1%
ALL Allstate Corp. 0.49% 6,490 $1.4M No change
GS Goldman Sachs Group Inc. 0.46% 1,645 $1.3M Add +2.7%
DHR Danaher Corp. 0.46% 6,592 $1.3M Add +0.3%
COF Capital One Financial Corp. 0.46% 6,110 $1.3M Reduce -0.8%
FLQM Franklin U.S. Mid Cap Multif 0.45% 22,792 $1.3M Reduce -2.9%
BUFF Innovator Laddered Allocatio 0.45% 26,285 $1.3M Reduce -1.6%
COWZ Pacer US Cash Cows 100 ETF 0.44% 21,911 $1.3M Reduce -1.5%
IJJ iShares S&P Mid-Cap 400 Valu 0.40% 8,634 $1.1M Add +3.0%
KO The Coca-Cola Co. 0.39% 16,801 $1.1M Reduce -1.9%
ANET Arista Networks Inc. 0.39% 7,689 $1.1M Add +51.3%
MU Micron Technology Inc. 0.39% 6,586 $1.1M Reduce -0.6%
IJS iShares S&P Small-Cap 600 Va 0.38% 9,701 $1.1M Add +1.4%
PKW Invesco Buyback Achievers Et 0.38% 8,078 $1.1M Add +28.7%
CVX Chevron Corp. 0.38% 6,807 $1.1M Add +7.5%
MOAT Vaneck Morningstar Wide Moat 0.37% 10,510 $1.0M Reduce -5.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.36% 1,544 $1.0M Add +0.3%
GE General Electric filed as GE AEROSPACE 0.36% 3,343 $1.0M Add +23.1%
PEP Pepsico Inc. 0.35% 7,134 $1.0M Add +0.4%
VONG Vanguard Russell 1000 Growth 0.34% 8,046 $970K No change
UBSI United Bankshares Inc. 0.34% 25,832 $960K Add +219.8%
QCOM Qualcomm Inc. 0.34% 5,725 $957K Add +52.5%
AMGN Amgen Inc. 0.34% 3,403 $956K Add +3.7%
BUFR FT Vest Lad Buffervetf-Usd I 0.34% 28,439 $950K Add +2.6%
WMT Walmart Inc. 0.32% 8,750 $901K Add +33.4%
MO Altria Group Inc. 0.31% 13,365 $883K Add +9.3%
MRVL Marvell Technology Inc. 0.31% 10,414 $879K Add +48.1%
IWF iShares Russell 1000 Growth 0.31% 1,857 $870K Reduce -4.2%
SCHV Schwab US Large-Cap Value 0.30% 29,301 $853K Add +213.8%
TMO Thermo Fisher Scientific Inc. 0.30% 1,720 $836K Reduce -2.3%
GLD SPDR Gold Shares 0.29% 2,311 $822K Add +0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.28% 7,024 $804K Reduce -1.4%
FULT Fulton Financial Corp. 0.28% 42,532 $795K Reduce -1.2%
BLK BlackRock Inc. 0.28% 681 $791K Reduce -2.0%
SCHG Schwab US Large-Cap Growth 0.28% 24,403 $779K Add +10.3%
XLK SS Technology Select Sector 0.27% 2,757 $776K Reduce -4.7%
CRM Salesforce Inc. 0.27% 3,246 $768K Reduce -6.2%
AXP American Express Co. 0.27% 2,303 $765K Add +4.0%
TFI SS SPDR N Ice Muni Bond ETF 0.27% 16,739 $763K No change
SPHQ Invesco S&P 500 Quality ETF 0.27% 10,324 $761K Add +3.0%
CSCO Cisco Systems Inc. 0.27% 11,013 $756K Add +6.0%
FISV Fiserv Inc. 0.26% 5,763 $744K Add +54.2%
VRT Vertiv Holdings Co. Class A 0.26% 4,930 $742K Add +38.8%
CL Colgate-Palmolive Co. 0.26% 9,167 $733K Reduce -4.7%
DOV Dover Corp. 0.26% 4,390 $733K Add +0.9%
BUG Global X Cybersecurity ETF 0.26% 20,569 $726K Add +14.4%
AMAT Applied Materials Inc. 0.25% 3,495 $715K Reduce -6.4%
SDY SS SPDR S&P Dividend ETF 0.25% 5,076 $710K Add +1.0%
MLM Martin Marietta Materials 0.24% 1,093 $687K Reduce -8.5%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.24% 16,244 $684K Add +2.6%
NVO Novo-Nordisk A/S-Spons ADR 0.24% 12,292 $684K Add +3.9%
HON Honeywell International Inc. 0.23% 3,149 $663K Add +15.4%
TCAF T Rowe PRC Cap Appreciation 0.23% 17,408 $655K Reduce -0.2%

Show all 879 holdings

Options reported separately and not counted above: PALANTIR TECHNOLOGIES INC calls ($26K), CELESTICA INC calls ($18K), BROADCOM INC calls ($11K), ALPHABET INC calls ($6K), CREDO TECHNOLOGY GROUP HOLDI calls ($6K), META PLATFORMS INC calls ($5K), NVIDIA CORPORATION calls ($4K), INTERACTIVE BROKERS GROUP IN calls ($4K), ARISTA NETWORKS INC calls ($3K), AMPHENOL CORP calls ($3K), TAIWAN SEMICONDUCTOR MANUFAC calls ($3K), HIMS &HERS HEALTH INC calls ($2K), and 2 more.

Portfolio Sells Q2 2025 → Q3 2025
SCHD Schwab US DVD Equity ETF Reduce -57.1% 1.50% −2.44
MA Mastercard Inc. Class A Reduce -1.0% 1.42% −0.22
PG The Procter & Gamble Co. Reduce -1.0% 0.86% −0.19
IHI iShares U.S. Medical Devices Reduce -9.3% 0.55% −0.18
XOM Exxon Mobil Corp. Reduce -0.6% 1.54% −0.18
CRM Salesforce Inc. Reduce -6.2% 0.27% −0.11
VIG Vanguard Dividend Apprec ETF Reduce -2.1% 0.94% −0.11
KO The Coca-Cola Co. Reduce -1.9% 0.39% −0.10
CL Colgate-Palmolive Co. Reduce -4.7% 0.26% −0.10
DVY iShares Select Dividend ETF Reduce -1.0% 0.98% −0.09
DIS The Walt Disney Co. Reduce -1.4% 0.28% −0.08
COF Capital One Financial Corp. Reduce -0.8% 0.46% −0.08
MKC McCormick & Co.-Non VTG SHRS Reduce -40.3% 0.06% −0.07
FLQM Franklin U.S. Mid Cap Multif Reduce -2.9% 0.45% −0.07
BUFF Innovator Laddered Allocatio Reduce -1.6% 0.45% −0.06
ADBE Adobe Inc. Reduce -24.3% 0.09% −0.06
MOAT Vaneck Morningstar Wide Moat Reduce -5.1% 0.37% −0.06
COWZ Pacer US Cash Cows 100 ETF Reduce -1.5% 0.44% −0.06
ADP Automatic Data Processing Reduce -4.8% 0.19% −0.05
IJH iShares Core S&P Midcap ETF Reduce -16.6% 0.14% −0.05
PPG PPG Industries Inc. Reduce -14.0% 0.08% −0.04
BMY Bristol-Myers Squibb Co. Reduce -20.8% 0.08% −0.04
FULT Fulton Financial Corp. Reduce -1.2% 0.28% −0.04
VGT Vanguard Info Tech ETF Reduce -0.6% 0.89% −0.03
IEFA iShares Core MSCI Eafe ETF Reduce -7.5% 0.16% −0.03
IWF iShares Russell 1000 Growth Reduce -4.2% 0.31% −0.03
F Ford Motor Co. Reduce -50.3% 0.03% −0.03
XLV SS Health Care Select Sector Reduce -6.7% 0.14% −0.03
AMAT Applied Materials Inc. Reduce -6.4% 0.25% −0.03
XLK SS Technology Select Sector Reduce -4.7% 0.27% −0.03
MLM Martin Marietta Materials Reduce -8.5% 0.24% −0.03
ABT Abbott Laboratories Reduce -59.7% 0.01% −0.03
MRK Merck & Co. Inc. Reduce -3.8% 0.16% −0.02
GILD Gilead Sciences Inc. Reduce -2.5% 0.11% −0.02
TBLU Managed Portfolio Series Sold out 0.00% −0.02
TCAF T Rowe PRC Cap Appreciation Reduce -0.2% 0.23% −0.02
UPS United Parcel Service Class B Reduce -24.7% 0.02% −0.02
IQLT iShares MSCI International Q Reduce -1.3% 0.13% −0.02
JPEF JPMorgan Equity Focus ETF Reduce -80.4% 0.00% −0.02
TROW T Rowe Price Group Inc. Reduce -10.4% 0.08% −0.02
BAC Bank of America Corp. Reduce -1.9% 0.21% −0.02
BLK BlackRock Inc. Reduce -2.0% 0.28% −0.02
SFLR Innovator Eqty MGD Floor ETF Reduce -17.4% 0.06% −0.02
JEPI JPMorgan Equity Premium Inco Reduce -10.4% 0.06% −0.02
CVS CVS Health Corp. Reduce -29.4% 0.03% −0.02
BALT Inn Defined Wealth Shield Reduce -91.5% 0.00% −0.02
PPL PPL Corp. Reduce -4.6% 0.15% −0.02
SCHF Schwab Intl Equity ETF Reduce -26.5% 0.03% −0.02
QPFF American Century Qual Pref Sold out 0.00% −0.01
MCD McDonald's Corp. Reduce -8.1% 0.07% −0.01

Portfolio Buys Q2 2025 → Q3 2025
NVDA Nvidia Corp. Add +68.5% 3.20% +1.33
AAPL Apple Inc. Add +6.6% 5.63% +0.70
GOOG Alphabet Inc. Class C Add +32.9% 1.20% +0.44
PLTR Palantir Technologies Inc. Class A Add +111.1% 0.64% +0.37
UBSI United Bankshares Inc. Add +219.8% 0.34% +0.22
AVGO Broadcom Inc. Add +16.4% 1.30% +0.22
GOOGL Alphabet Inc. Class A Add +7.3% 0.95% +0.21
SCHV Schwab US Large-Cap Value Add +213.8% 0.30% +0.20
ANET Arista Networks Inc. Add +51.3% 0.39% +0.18
ALAB Astera Labs Inc. Add +87.2% 0.23% +0.16
ORCL Oracle Corp. Add +3.2% 1.27% +0.16
ABBV Abbvie Inc. Add +7.9% 0.85% +0.12
JCPB JPMorgan Core Plus Bond ETF Add +3333.7% 0.10% +0.10
EFV iShares MSCI Eafe Value ETF Add +123.5% 0.19% +0.10
META Meta Platforms Inc. Class A Add +36.7% 0.66% +0.10
EFG iShares MSCI Eafe Growth ETF Add +151.4% 0.17% +0.09
QCOM Qualcomm Inc. Add +52.5% 0.34% +0.09
ASML ASML Holding NV-NY Reg SHS Add +17.0% 0.52% +0.09
CEG Constellation Energy Add +144.4% 0.17% +0.09
MRVL Marvell Technology Inc. Add +48.1% 0.31% +0.09
IGM iShares Expanded Tech Sector Add +20.8% 0.54% +0.08
VRT Vertiv Holdings Co. Class A Add +38.8% 0.26% +0.08
DGICA Donegal Group Inc. Class A New 0.07% +0.07
GE General Electric Add +23.1% 0.36% +0.07
APP AppLovin Corp. Class A Add +151.0% 0.09% +0.07
CDNS Cadence Design SYS Inc. Add +143.4% 0.12% +0.07
P Everpure Inc. Class A Add +194.6% 0.09% +0.07
VST Vistra Corp. Add +73.0% 0.20% +0.07
BWXT BWX Technologies Inc. Add +135.4% 0.11% +0.07
KLAC KLA Corp. Add +126.9% 0.11% +0.06
TSLA Tesla Inc. Add +17.2% 0.22% +0.06
PKW Invesco Buyback Achievers Et Add +28.7% 0.38% +0.06
LRCX Lam Research Corp. Add +91.3% 0.10% +0.06
TSM Taiwan Semiconductor-SP ADR Add +100.9% 0.11% +0.06
WMT Walmart Inc. Add +33.4% 0.32% +0.06
KBWB Invesco KBW Bank ETF Add +13.2% 0.84% +0.05
JPIB JPMorgan Intl BND ETF Add +387.0% 0.07% +0.05
VCIT Vanguard Int-Term Corporate New 0.05% +0.05
IBM Intl Business Machines Corp. Add +210.0% 0.08% +0.05
RSP Invesco S&P 500 Equal Weight Add +228.4% 0.07% +0.05
BX Blackstone Inc. Add +63.3% 0.13% +0.05
SCHW Schwab (charles) Corp. Add +52.8% 0.17% +0.05
JGRO JPMorgan Active Growth ETF New 0.05% +0.05
GEV GE Vernova Inc. Add +34.5% 0.18% +0.05
RDVY First Trust Rising Dividend Add +120.4% 0.09% +0.05
VCRB Vanguard Core Bond ETF Add +483.7% 0.06% +0.04
EME Emcor Group Inc. Add +159.1% 0.07% +0.04
IBKR Interactive Brokers Gro Class A Add +78.8% 0.08% +0.04
JPLD JPMorgan Ltd. Duration ETF Add +555.7% 0.05% +0.04
CIBR First Trust Nasdaq Cybersecu Add +186.4% 0.06% +0.04

Options Activity Q2 2025 → Q3 2025
PALANTIR TECHNOLOGIES INC call New 2 $26K
CELESTICA INC call New 2 $18K
BROADCOM INC call New 2 $11K
ALPHABET INC call New 8 $6K
CREDO TECHNOLOGY GROUP HOLDI call New 1 $6K
META PLATFORMS INC call New 2 $5K
NVIDIA CORPORATION call New 4 $4K
INTERACTIVE BROKERS GROUP IN call New 4 $4K
ARISTA NETWORKS INC call New 1 $3K
AMPHENOL CORP call New 2 $3K
TAIWAN SEMICONDUCTOR MANUFAC call New 1 $3K
HIMS &HERS HEALTH INC call New 1 $2K
NVIDIA CORPORATION call New 2 $2K
ADVANCED MICRO DEVICES INC call New 1 $1K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2025 → Q3 2025
AUR Aurora Innovation Inc. CLASS A COM Sold out 0 $0before exit
BITCOIN DEPOT INC COM Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 898$376.6MAAPL, QQQ, NVDA, AMZN, MSFT
Q1 2026 911$319.7MAAPL, QQQ, NVDA, AMZN, MSFT
Q4 2025 917$313.0MAAPL, QQQ, NVDA, MSFT, AMZN
Q3 2025 879$283.0MAAPL, QQQ, MSFT, NVDA, AMZN
Q2 2025 820$244.2MAAPL, QQQ, SCHD, MSFT, AMZN
Q1 2025 813$222.5MAAPL, SCHD, QQQ, MSFT, AMZN
Q4 2024 762$225.9MAAPL, QQQ, SCHD, MSFT, AMZN
Q3 2024 727$217.4MAAPL, SCHD, QQQ, MSFT, AMZN
Q2 2024 712$194.2MAAPL, QQQ, SCHD, MSFT, AMZN
Q1 2024 710$166.8MSCHD, QQQ, AAPL, MSFT, AMZN