Hunter Associates Investment Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 1, 2024), Hunter Associates Investment Management LLC reported 259 stock positions worth $594.6 million. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Apple (AAPL, 4.8%) and Goldman Activebeta US LC ETF (GSLC, 4.5%). Compared with Q4 2023, it opened 17 new positions, sold out of 21, added to 97 and reduced 69. The biggest buy was a new position in iShares 0-3 Month Treasury B (SGOV) and the biggest sale an exit from Nestle SA-Spons ADR (NSRGY).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001380137
- Portfolio Value
- $594.6M (Q1 2024)
- SEC Filing
- 0001380137-24-000002 ↗ filed May 1, 2024
Holdings Value
Holdings 259 stocks · $594.6M
| MSFT Microsoft Corp. | 6.41% | 90,525 | $38.1M | Reduce -4.8% |
| AAPL Apple Inc. | 4.79% | 166,118 | $28.5M | Add +1.8% |
| GSLC Goldman Activebeta US LC ETF | 4.47% | 255,895 | $26.6M | Add +6.0% |
| IHDG Wisdomtree International Hed | 3.13% | 405,482 | $18.6M | Add +12.5% |
| AMGN Amgen Inc. | 2.63% | 54,943 | $15.6M | Reduce -0.5% |
| FISV Fiserv Inc. | 2.37% | 88,019 | $14.1M | Add +1.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 2.08% | 101,498 | $12.4M | Add +4.7% |
| SCHD Schwab US DVD Equity ETF | 2.01% | 148,241 | $11.9M | Add +8.0% |
| QQQM Invesco Nasdaq 100 ETF | 1.84% | 60,041 | $11.0M | Add +9.0% |
| ISTB iShares Core 1-5 Year Usd Bo | 1.81% | 227,538 | $10.8M | Add +15.5% |
| RMD Resmed Inc. | 1.69% | 50,695 | $10.1M | Add +0.6% |
| FBND Fidelity Total Bond ETF | 1.65% | 215,939 | $9.8M | Add +25.1% |
| ACN Accenture PLC Class A | 1.50% | 25,794 | $8.9M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 1.48% | 54,209 | $8.8M | Reduce -0.5% |
| PEP Pepsico Inc. | 1.44% | 48,841 | $8.6M | Reduce -1.1% |
| AVGO Broadcom Inc. | 1.43% | 6,416 | $8.5M | Reduce -10.0% |
| JNJ Johnson & Johnson | 1.37% | 51,575 | $8.2M | Reduce -0.7% |
| TMO Thermo Fisher Scientific Inc. | 1.33% | 13,565 | $7.9M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 1.31% | 10,026 | $7.8M | No change |
| XMHQ Invesco S&P Midcap Qual ETF | 1.26% | 67,743 | $7.5M | Add +2.4% |
| BOOM DMC Global Inc. | 1.12% | 342,268 | $6.7M | Add +4.9% |
| CSCO Cisco Systems Inc. | 1.06% | 126,378 | $6.3M | Reduce -1.4% |
| XOM Exxon Mobil Corp. | 1.00% | 51,035 | $5.9M | Add +0.3% |
| SHM SS SPDR N Ice St Muni ETF | 0.99% | 123,607 | $5.9M | No change |
| JEPI JPMorgan Equity Premium Inco | 0.95% | 97,417 | $5.6M | Add +20.9% |
| OFLX Omega Flex Inc. | 0.94% | 78,682 | $5.6M | Reduce -0.2% |
| V Visa Inc. Class A | 0.92% | 19,594 | $5.5M | Reduce -0.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.90% | 105,617 | $5.3M | Add +16.3% |
| NXPI NXP Semiconductors NV | 0.84% | 20,098 | $5.0M | No change |
| JCPI JP Morgan Inflation MGD Bond | 0.78% | 98,533 | $4.6M | No change |
| ABBV Abbvie Inc. | 0.76% | 24,903 | $4.5M | Add +5.0% |
| FNF Fidelity National Financial | 0.75% | 83,420 | $4.4M | Add +8.1% |
| LH Laboratory CRP of Amer Hldgs | 0.74% | 20,145 | $4.4M | No change |
| PFE Pfizer Inc. | 0.64% | 137,141 | $3.8M | Reduce -2.0% |
| BMY Bristol-Myers Squibb Co. | 0.64% | 70,168 | $3.8M | Add +7.3% |
| ANSS Ansys Inc. | 0.61% | 10,459 | $3.6M | No change |
| TPL Texas Pacific Land Corp. | 0.60% | 6,141 | $3.6M | Reduce -15.7% |
| FDX FedEx Corp. | 0.59% | 12,124 | $3.5M | Add +64.7% |
| PPG PPG Industries Inc. | 0.58% | 23,868 | $3.5M | Reduce -5.6% |
| SGOV iShares 0-3 Month Treasury B | 0.57% | 33,794 | $3.4M | New |
| HY Hyster-Yale Inc. | 0.56% | 52,100 | $3.3M | Reduce -11.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.56% | 25,896 | $3.3M | Add +0.6% |
| FOUR SHIFT4 Payments Inc. Class A | 0.54% | 48,156 | $3.2M | Add +65.8% |
| SAIA Saia Inc. | 0.53% | 5,424 | $3.2M | Add +34.7% |
| INTC Intel Corp. | 0.53% | 70,919 | $3.1M | Reduce -0.4% |
| ABT Abbott Laboratories | 0.53% | 27,507 | $3.1M | Reduce -0.4% |
| WSO Watsco Inc. | 0.51% | 7,090 | $3.1M | Add +5.4% |
| CVX Chevron Corp. | 0.51% | 19,155 | $3.0M | Reduce -1.3% |
| TRMB Trimble Inc. | 0.50% | 46,419 | $3.0M | Add +13.3% |
| SYK Stryker Corp. | 0.49% | 8,200 | $2.9M | No change |
| EXPE Expedia Group Inc. | 0.48% | 20,846 | $2.9M | Add +25.0% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.48% | 35,683 | $2.8M | Add +15.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.48% | 55,246 | $2.8M | Reduce -2.2% |
| WSM Williams-Sonoma Inc. | 0.48% | 8,907 | $2.8M | Add +11.9% |
| MCD McDonald's Corp. | 0.46% | 9,743 | $2.7M | Add +1.8% |
| BRBR Bellring Brands Inc. | 0.45% | 44,887 | $2.7M | Add +47.7% |
| H Hyatt Hotels Corp. Class A | 0.44% | 16,555 | $2.6M | Add +16.5% |
| FIX Comfort Systems USA Inc. | 0.43% | 7,955 | $2.5M | Reduce -13.8% |
| GOOG Alphabet Inc. Class C | 0.43% | 16,639 | $2.5M | Add +24.2% |
| HOLX Hologic Inc. | 0.41% | 31,084 | $2.4M | Reduce -0.6% |
| MS Morgan Stanley | 0.40% | 25,528 | $2.4M | Reduce -0.6% |
| WM Waste Management Inc. | 0.40% | 11,250 | $2.4M | Add +7.1% |
| CHDN Churchill Downs Inc. | 0.40% | 19,442 | $2.4M | Add +40.7% |
| PM Philip Morris International | 0.39% | 25,277 | $2.3M | Add +0.2% |
| AZO AutoZone Inc. | 0.38% | 726 | $2.3M | Add +23.7% |
| MO Altria Group Inc. | 0.37% | 50,048 | $2.2M | Add +1.2% |
| GPC Genuine Parts Co. | 0.35% | 13,534 | $2.1M | Add +13.8% |
| LIND Lindblad Expeditions Holding | 0.35% | 222,090 | $2.1M | Add +11.7% |
| ADP Automatic Data Processing | 0.35% | 8,300 | $2.1M | Add +0.9% |
| JPM JPMorgan Chase & Co. | 0.35% | 10,338 | $2.1M | Reduce -1.8% |
| MDLZ Mondelez International Inc. Class A | 0.35% | 29,591 | $2.1M | Add +6.0% |
| GLW Corning Inc. | 0.35% | 62,545 | $2.1M | Add +3.8% |
| GIS General Mills Inc. | 0.35% | 29,420 | $2.1M | Reduce -1.3% |
| DLR Digital Realty Trust Inc. | 0.34% | 14,077 | $2.0M | No change |
| RS Reliance Inc. | 0.34% | 6,065 | $2.0M | Add +18.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 10,551 | $2.0M | Add +2.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.33% | 25,512 | $2.0M | Reduce -3.0% |
| QYLD Global X Nasd 100 Cov Call | 0.33% | 108,309 | $1.9M | Add +20.0% |
| PNC PNC Financial Services Group | 0.32% | 11,921 | $1.9M | Add +0.3% |
| FAF First American Financial | 0.32% | 31,608 | $1.9M | Add +26.1% |
| UPS United Parcel Service Class B | 0.32% | 12,823 | $1.9M | Add +24.1% |
| ODFL Old Dominion Freight Line | 0.31% | 8,525 | $1.9M | Add +25.0% |
| AMZN Amazon.com Inc. | 0.31% | 10,101 | $1.8M | Add +2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 4,264 | $1.8M | Reduce -3.8% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.30% | 14,266 | $1.8M | Add +16.1% |
| SNA Snap-on Inc. | 0.30% | 5,993 | $1.8M | Add +17.1% |
| SYM Symbotic Inc. | 0.30% | 39,474 | $1.8M | Add +70.3% |
| TTWO Take-Two Interactive Softwre | 0.30% | 11,844 | $1.8M | Add +21.5% |
| IMCG iShares Morningstar Mid-Cap | 0.30% | 24,885 | $1.8M | Add +4.3% |
| JBL Jabil Inc. | 0.29% | 12,849 | $1.7M | Add +24.9% |
| UNH Unitedhealth Group Inc. | 0.28% | 3,372 | $1.7M | No change |
| SCCO Southern Copper Corp. | 0.28% | 15,350 | $1.6M | Reduce -3.1% |
| VXF Vanguard Extended Market ETF | 0.27% | 9,259 | $1.6M | Reduce -3.6% |
| PLMR Palomar Holdings Inc. | 0.27% | 19,146 | $1.6M | Add +34.8% |
| HRI Herc Holdings Inc. filed as HERC HLDGS INC | 0.26% | 8,947 | $1.5M | Add +30.5% |
| MRK Merck & Co. Inc. | 0.25% | 11,400 | $1.5M | Add +0.0% |
| SMG Scotts Miracle-Gro Co. | 0.25% | 20,087 | $1.5M | Add +45.3% |
| BC Brunswick Corp. | 0.25% | 15,445 | $1.5M | Add +69.6% |
| JLL Jones Lang Lasalle Inc. | 0.25% | 7,597 | $1.5M | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.25% | 6,428 | $1.5M | Add +42.8% |
Portfolio Sells Q4 2023 → Q1 2024
| NSRGY Nestle SA-Spons ADR | Sold out | 0.00% | −0.91 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.70 |
| APD Air Products & Chemicals Inc. | Reduce -84.2% | 0.08% | −0.52 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.38 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.33 |
| AMGN Amgen Inc. | Reduce -0.5% | 2.63% | −0.28 |
| ACN Accenture PLC Class A | Reduce -0.1% | 1.50% | −0.16 |
| ABBNY Abb Ltd.-Spon ADR | Sold out | 0.00% | −0.14 |
| MSFT Microsoft Corp. | Reduce -4.8% | 6.41% | −0.14 |
| INTC Intel Corp. | Reduce -0.4% | 0.53% | −0.13 |
| CSCO Cisco Systems Inc. | Reduce -1.4% | 1.06% | −0.13 |
| MCCK Mestek Inc. | Sold out | 0.00% | −0.12 |
| JNJ Johnson & Johnson | Reduce -0.7% | 1.37% | −0.12 |
| HY Hyster-Yale Inc. | Reduce -11.8% | 0.56% | −0.11 |
| PPG PPG Industries Inc. | Reduce -5.6% | 0.58% | −0.11 |
| TPL Texas Pacific Land Corp. | Reduce -15.7% | 0.60% | −0.10 |
| PDER Pardee Resources Co. Inc. | Sold out | 0.00% | −0.10 |
| PFE Pfizer Inc. | Reduce -2.0% | 0.64% | −0.10 |
| PEP Pepsico Inc. | Reduce -1.1% | 1.44% | −0.10 |
| MATW Matthews Intl Corp. Class A | Reduce -8.0% | 0.22% | −0.09 |
| OFLX Omega Flex Inc. | Reduce -0.2% | 0.94% | −0.08 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.07 |
| BWEL Boswell (jg) Co. | Sold out | 0.00% | −0.06 |
| SUB iShares Short-Term National | Reduce -33.3% | 0.09% | −0.06 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -2.2% | 0.48% | −0.05 |
| PREKF Prairiesky Royalty Ltd. | Sold out | 0.00% | −0.05 |
| USB US Bancorp | Sold out | 0.00% | −0.05 |
| GILD Gilead Sciences Inc. | Reduce -1.1% | 0.22% | −0.05 |
| HON Honeywell International Inc. | Reduce -10.7% | 0.19% | −0.05 |
| KO The Coca-Cola Co. | Reduce -22.8% | 0.13% | −0.05 |
| ADRNY Koninklijke Ahold-SP ADR | Sold out | 0.00% | −0.05 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Reduce -42.1% | 0.05% | −0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -3.0% | 0.33% | −0.04 |
| WELL Welltower Inc. | Sold out | 0.00% | −0.04 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.04 |
| MS Morgan Stanley | Reduce -0.6% | 0.40% | −0.03 |
| PHYSICIANS REALTY TRUST | Sold out | 0.00% | −0.03 |
| ABT Abbott Laboratories | Reduce -0.4% | 0.53% | −0.03 |
| AVGO Broadcom Inc. | Reduce -10.0% | 1.43% | −0.03 |
| SHEL Shell PLC-ADR | Reduce -5.5% | 0.20% | −0.03 |
| CCI Crown Castle Inc. | Reduce -15.4% | 0.06% | −0.02 |
| UNP Union Pacific Corp. | Reduce -7.5% | 0.13% | −0.02 |
| CME Cme Group Inc. | Reduce -32.5% | 0.04% | −0.02 |
| CVX Chevron Corp. | Reduce -1.3% | 0.51% | −0.02 |
| EQT Eqt Corp. | Reduce -4.4% | 0.11% | −0.02 |
| TRINITY BIOTECH INVT LTD | Reduce -2.3% | 0.11% | −0.02 |
| KVUE Kenvue Inc. | Reduce -1.5% | 0.17% | −0.02 |
| FNV Franco-Nevada Corp. | Reduce -8.1% | 0.15% | −0.01 |
| VXF Vanguard Extended Market ETF | Reduce -3.6% | 0.27% | −0.01 |
| V Visa Inc. Class A | Reduce -0.1% | 0.92% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| SGOV iShares 0-3 Month Treasury B | New | 0.57% | +0.57 |
| IHDG Wisdomtree International Hed | Add +12.5% | 3.13% | +0.36 |
| GSLC Goldman Activebeta US LC ETF | Add +6.0% | 4.47% | +0.32 |
| JLL Jones Lang Lasalle Inc. | New | 0.25% | +0.25 |
| FDX FedEx Corp. | Add +64.7% | 0.59% | +0.25 |
| FISV Fiserv Inc. | Add +1.1% | 2.37% | +0.25 |
| SAIA Saia Inc. | Add +34.7% | 0.53% | +0.21 |
| FBND Fidelity Total Bond ETF | Add +25.1% | 1.65% | +0.19 |
| WSM Williams-Sonoma Inc. | Add +11.9% | 0.48% | +0.18 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +2.4% | 1.26% | +0.18 |
| TROW T Rowe Price Group Inc. | Add +4.7% | 2.08% | +0.17 |
| CBRE CBRE Group Inc. Class A | New | 0.15% | +0.15 |
| FOUR SHIFT4 Payments Inc. Class A | Add +65.8% | 0.54% | +0.14 |
| BRBR Bellring Brands Inc. | Add +47.7% | 0.45% | +0.14 |
| QQQM Invesco Nasdaq 100 ETF | Add +9.0% | 1.84% | +0.14 |
| JEPI JPMorgan Equity Premium Inco | Add +20.9% | 0.95% | +0.14 |
| PLMR Palomar Holdings Inc. | Add +34.8% | 0.27% | +0.13 |
| BA The Boeing Co. | New | 0.11% | +0.11 |
| RMD Resmed Inc. | Add +0.6% | 1.69% | +0.11 |
| H Hyatt Hotels Corp. Class A | Add +16.5% | 0.44% | +0.10 |
| AZO AutoZone Inc. | Add +23.7% | 0.38% | +0.10 |
| TRMB Trimble Inc. | Add +13.3% | 0.50% | +0.10 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +15.5% | 1.81% | +0.10 |
| ABBV Abbvie Inc. | Add +5.0% | 0.76% | +0.09 |
| SCHD Schwab US DVD Equity ETF | Add +8.0% | 2.01% | +0.09 |
| SMG Scotts Miracle-Gro Co. | Add +45.3% | 0.25% | +0.09 |
| BC Brunswick Corp. | Add +69.6% | 0.25% | +0.09 |
| GOOG Alphabet Inc. Class C | Add +24.2% | 0.43% | +0.08 |
| SYM Symbotic Inc. | Add +70.3% | 0.30% | +0.08 |
| RS Reliance Inc. | Add +18.7% | 0.34% | +0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +42.8% | 0.25% | +0.07 |
| ELMD Electromed Inc. | Add +7.1% | 0.23% | +0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +0.6% | 0.56% | +0.07 |
| MKL Markel Group Inc. | New | 0.07% | +0.07 |
| CP Canadian Pacific Kansas City | New | 0.07% | +0.07 |
| THR Thermon Group Holdings Inc. | New | 0.07% | +0.07 |
| HRI Herc Holdings Inc. | Add +30.5% | 0.26% | +0.07 |
| XOM Exxon Mobil Corp. | Add +0.3% | 1.00% | +0.07 |
| CHDN Churchill Downs Inc. | Add +40.7% | 0.40% | +0.06 |
| ODFL Old Dominion Freight Line | Add +25.0% | 0.31% | +0.06 |
| NVDA Nvidia Corp. | Add +1.7% | 0.15% | +0.06 |
| WM Waste Management Inc. | Add +7.1% | 0.40% | +0.06 |
| PRKS United Parks & Resorts Inc. | Add +40.4% | 0.21% | +0.06 |
| GPC Genuine Parts Co. | Add +13.8% | 0.35% | +0.05 |
| GE General Electric | Add +1.3% | 0.23% | +0.05 |
| TREX Trex Company Inc. | Add +17.3% | 0.22% | +0.05 |
| BRO Brown & Brown Inc. | Add +10.6% | 0.25% | +0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +16.3% | 0.90% | +0.05 |
| JBL Jabil Inc. | Add +24.9% | 0.29% | +0.05 |
| MKC McCormick & Co.-Non VTG SHRS | Add +33.8% | 0.16% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 294 | $868.3M | GSLC, AAPL, MSFT, FBND, QQQM |
| Q1 2026 | 274 | $755.9M | GSLC, AAPL, MSFT, FBND, ISTB |
| Q4 2025 | 249 | $748.0M | GSLC, MSFT, AAPL, FBND, IHDG |
| Q3 2025 | 256 | $719.4M | GSLC, MSFT, AAPL, IHDG, FBND |
| Q2 2025 | 251 | $674.1M | GSLC, MSFT, AAPL, IHDG, FBND |
| Q1 2025 | 247 | $648.0M | AAPL, GSLC, MSFT, IHDG, SCHD |
| Q4 2024 | 254 | $656.7M | AAPL, MSFT, GSLC, IHDG, SCHD |
| Q3 2024 | 257 | $645.7M | MSFT, AAPL, GSLC, IHDG, SCHD |
| Q2 2024 | 252 | $594.9M | MSFT, AAPL, GSLC, IHDG, AMGN |
| Q1 2024 | 259 | $594.6M | MSFT, AAPL, GSLC, IHDG, AMGN |