Hunter Associates Investment Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Hunter Associates Investment Management LLC reported 247 stock positions worth $648.0 million. Its top holding was Apple (AAPL) at 5.6% of the portfolio, followed by Goldman Activebeta US LC ETF (GSLC, 5.3%) and Microsoft (MSFT, 5.1%). Compared with Q4 2024, it opened 14 new positions, sold out of 21, added to 78 and reduced 101. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +303%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001380137
- Portfolio Value
- $648.0M (Q1 2025)
- SEC Filing
- 0001380137-25-000003 ↗ filed Apr 30, 2025
Holdings Value
Holdings 247 stocks · $648.0M
| AAPL Apple Inc. | 5.56% | 162,128 | $36.0M | Reduce -0.6% |
| GSLC Goldman Activebeta US LC ETF | 5.30% | 311,793 | $34.3M | Add +3.3% |
| MSFT Microsoft Corp. | 5.12% | 88,280 | $33.1M | Reduce -1.3% |
| IHDG Wisdomtree International Hed | 3.37% | 503,902 | $21.9M | Reduce -8.4% |
| SCHD Schwab US DVD Equity ETF | 2.97% | 689,244 | $19.3M | Reduce -1.6% |
| FBND Fidelity Total Bond ETF | 2.85% | 404,915 | $18.5M | Add +11.6% |
| FISV Fiserv Inc. | 2.84% | 83,199 | $18.4M | Reduce -2.4% |
| ISTB iShares Core 1-5 Year Usd Bo | 2.72% | 364,796 | $17.6M | Add +7.2% |
| AMGN Amgen Inc. | 2.57% | 53,443 | $16.7M | Reduce -0.6% |
| QQQM Invesco Nasdaq 100 ETF | 2.05% | 68,644 | $13.3M | Add +11.4% |
| RMD Resmed Inc. | 1.74% | 50,235 | $11.3M | Add +0.8% |
| XMHQ Invesco S&P Midcap Qual ETF | 1.66% | 118,023 | $10.8M | Add +23.9% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.57% | 111,019 | $10.2M | Add +1.4% |
| AVGO Broadcom Inc. | 1.44% | 55,803 | $9.3M | Reduce -1.0% |
| PG The Procter & Gamble Co. | 1.40% | 53,386 | $9.1M | Reduce -0.4% |
| JNJ Johnson & Johnson | 1.26% | 49,161 | $8.2M | Reduce -1.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.22% | 159,762 | $7.9M | Add +31.6% |
| ACN Accenture PLC Class A | 1.22% | 25,249 | $7.9M | Reduce -0.7% |
| CSCO Cisco Systems Inc. | 1.17% | 123,389 | $7.6M | Reduce -0.4% |
| TPL Texas Pacific Land Corp. | 1.08% | 5,277 | $7.0M | Reduce -7.3% |
| JEPI JPMorgan Equity Premium Inco | 1.07% | 120,876 | $6.9M | Add +0.8% |
| PEP Pepsico Inc. | 1.07% | 46,114 | $6.9M | Reduce -4.5% |
| FOUR SHIFT4 Payments Inc. Class A | 1.05% | 82,992 | $6.8M | Add +7.2% |
| V Visa Inc. Class A | 1.04% | 19,125 | $6.7M | Reduce -0.9% |
| TMO Thermo Fisher Scientific Inc. | 1.03% | 13,404 | $6.7M | Reduce -3.2% |
| LLY Eli Lilly & Co. | 1.02% | 8,014 | $6.6M | Reduce -9.1% |
| FNF Fidelity National Financial | 0.93% | 91,961 | $6.0M | Add +2.6% |
| XOM Exxon Mobil Corp. | 0.89% | 48,491 | $5.8M | Reduce -1.2% |
| PM Philip Morris International | 0.78% | 31,865 | $5.1M | Reduce -5.7% |
| BRBR Bellring Brands Inc. | 0.78% | 68,102 | $5.1M | Add +18.7% |
| EXPE Expedia Group Inc. | 0.78% | 29,950 | $5.1M | Add +10.2% |
| ABBV Abbvie Inc. | 0.76% | 23,570 | $4.9M | Reduce -0.4% |
| SHM SS SPDR N Ice St Muni ETF | 0.76% | 103,008 | $4.9M | Reduce -6.2% |
| LH Labcorp Holdings Inc. | 0.68% | 18,998 | $4.4M | Reduce -5.5% |
| SGOV iShares 0-3 Month Treasury B | 0.62% | 40,101 | $4.0M | Add +303.2% |
| BOOM DMC Global Inc. | 0.60% | 461,380 | $3.9M | Add +9.9% |
| SAIA Saia Inc. | 0.59% | 11,030 | $3.8M | Add +55.6% |
| NXPI NXP Semiconductors NV | 0.58% | 19,810 | $3.8M | Reduce -1.3% |
| FDX FedEx Corp. | 0.56% | 14,954 | $3.6M | Add +7.3% |
| GLW Corning Inc. | 0.56% | 78,824 | $3.6M | Add +5.3% |
| CVX Chevron Corp. | 0.56% | 21,537 | $3.6M | Reduce -0.5% |
| CHDN Churchill Downs Inc. | 0.56% | 32,428 | $3.6M | Add +29.1% |
| ABT Abbott Laboratories | 0.54% | 26,336 | $3.5M | Reduce -1.4% |
| JLL Jones Lang Lasalle Inc. | 0.53% | 14,057 | $3.5M | Add +9.3% |
| ANSS Ansys Inc. | 0.51% | 10,534 | $3.3M | Add +1.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.51% | 13,195 | $3.3M | Reduce -0.1% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.50% | 91,598 | $3.3M | Add +380.6% |
| WSO Watsco Inc. | 0.49% | 6,240 | $3.2M | Reduce -2.6% |
| TRMB Trimble Inc. | 0.49% | 47,914 | $3.1M | Reduce -1.8% |
| PFE Pfizer Inc. | 0.47% | 121,484 | $3.1M | Reduce -0.4% |
| MCD McDonald's Corp. | 0.47% | 9,808 | $3.1M | Reduce -1.6% |
| APLD Applied Digital Corp. | 0.47% | 535,921 | $3.0M | Add +15.9% |
| SYK Stryker Corp. | 0.46% | 7,996 | $3.0M | Add +2.6% |
| MS Morgan Stanley | 0.46% | 25,475 | $3.0M | Add +2.1% |
| MO Altria Group Inc. | 0.43% | 46,126 | $2.8M | Reduce -1.4% |
| OFLX Omega Flex Inc. | 0.42% | 78,382 | $2.7M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 0.41% | 17,139 | $2.7M | Reduce -2.5% |
| FAF First American Financial | 0.41% | 40,799 | $2.7M | Reduce -5.4% |
| TTWO Take-Two Interactive Softwre | 0.40% | 12,475 | $2.6M | Reduce -5.0% |
| JPM JPMorgan Chase & Co. | 0.40% | 10,474 | $2.6M | Reduce -3.4% |
| ELMD Electromed Inc. | 0.38% | 102,450 | $2.4M | No change |
| WM Waste Management Inc. | 0.38% | 10,534 | $2.4M | Reduce -4.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.38% | 46,457 | $2.4M | Reduce -4.6% |
| JBL Jabil Inc. | 0.37% | 17,549 | $2.4M | Add +4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 4,344 | $2.3M | Add +0.8% |
| ADP Automatic Data Processing | 0.35% | 7,509 | $2.3M | Reduce -1.3% |
| GPC Genuine Parts Co. | 0.35% | 19,150 | $2.3M | Add +22.5% |
| FIX Comfort Systems USA Inc. | 0.35% | 7,056 | $2.3M | Add +7.9% |
| MDLZ Mondelez International Inc. Class A | 0.35% | 33,444 | $2.3M | Add +3.2% |
| AZO AutoZone Inc. | 0.35% | 588 | $2.3M | Reduce -29.8% |
| AMZN Amazon.com Inc. | 0.33% | 11,294 | $2.1M | Add +2.7% |
| PPG PPG Industries Inc. | 0.33% | 19,623 | $2.1M | Reduce -0.8% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.33% | 18,011 | $2.1M | Add +7.0% |
| PLMR Palomar Holdings Inc. | 0.33% | 15,457 | $2.1M | Reduce -12.6% |
| CGCP Cap Group Core Plus Income | 0.32% | 92,880 | $2.1M | Add +8.1% |
| H Hyatt Hotels Corp. Class A | 0.32% | 17,027 | $2.1M | Reduce -4.3% |
| PNC PNC Financial Services Group | 0.32% | 11,836 | $2.1M | Reduce -0.8% |
| CBRE CBRE Group Inc. Class A | 0.32% | 15,757 | $2.1M | Add +14.4% |
| LIND Lindblad Expeditions Holding | 0.32% | 221,890 | $2.1M | Reduce -3.6% |
| RS Reliance Inc. | 0.32% | 7,114 | $2.0M | Reduce -3.3% |
| SNA Snap-on Inc. | 0.31% | 6,056 | $2.0M | Reduce -3.6% |
| QYLD Global X Nasd 100 Cov Call | 0.31% | 118,918 | $2.0M | Add +8.2% |
| DLR Digital Realty Trust Inc. | 0.30% | 13,702 | $2.0M | Reduce -0.7% |
| ODFL Old Dominion Freight Line | 0.28% | 11,174 | $1.8M | Reduce -5.2% |
| GILD Gilead Sciences Inc. | 0.28% | 16,325 | $1.8M | Reduce -7.9% |
| IMCG iShares Morningstar Mid-Cap | 0.27% | 24,773 | $1.8M | Reduce -4.7% |
| SMG Scotts Miracle-Gro Co. | 0.26% | 31,245 | $1.7M | Add +20.3% |
| GIS General Mills Inc. | 0.26% | 28,433 | $1.7M | Reduce -0.3% |
| HOLX Hologic Inc. | 0.26% | 27,605 | $1.7M | Reduce -1.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.26% | 7,573 | $1.7M | Reduce -9.4% |
| TXN Texas Instruments Inc. | 0.25% | 8,970 | $1.6M | Add +7.8% |
| PRKS United Parks & Resorts Inc. | 0.25% | 34,741 | $1.6M | Add +15.5% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 7,704 | $1.5M | Add +1.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.23% | 21,923 | $1.5M | Add +0.2% |
| UNH Unitedhealth Group Inc. | 0.23% | 2,832 | $1.5M | Reduce -17.5% |
| BRO Brown & Brown Inc. | 0.23% | 11,820 | $1.5M | Reduce -11.5% |
| FIS Fidelity National Info Serv | 0.22% | 19,131 | $1.4M | No change |
| WGO Winnebago Industries | 0.22% | 40,915 | $1.4M | New |
| CARR Carrier Global Corp. | 0.22% | 22,048 | $1.4M | No change |
| VXF Vanguard Extended Market ETF | 0.21% | 7,849 | $1.4M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -0.6% | 5.56% | −0.66 |
| MSFT Microsoft Corp. | Reduce -1.3% | 5.12% | −0.63 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.60 |
| AVGO Broadcom Inc. | Reduce -1.0% | 1.44% | −0.55 |
| IHDG Wisdomtree International Hed | Reduce -8.4% | 3.37% | −0.27 |
| SYM Symbotic Inc. | Sold out | 0.00% | −0.24 |
| WSM Williams-Sonoma Inc. | Reduce -48.9% | 0.16% | −0.20 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.17 |
| TREX Trex Company Inc. | Sold out | 0.00% | −0.16 |
| WY Weyerhaeuser Co. | Sold out | 0.00% | −0.15 |
| ACN Accenture PLC Class A | Reduce -0.7% | 1.22% | −0.15 |
| H Hyatt Hotels Corp. Class A | Reduce -4.3% | 0.32% | −0.10 |
| LIND Lindblad Expeditions Holding | Reduce -3.6% | 0.32% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -2.5% | 0.41% | −0.10 |
| OFLX Omega Flex Inc. | Reduce -0.4% | 0.42% | −0.08 |
| DLR Digital Realty Trust Inc. | Reduce -0.7% | 0.30% | −0.07 |
| THR Thermon Group Holdings Inc. | Sold out | 0.00% | −0.07 |
| UPS United Parcel Service Class B | Reduce -27.9% | 0.12% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.2% | 1.03% | −0.07 |
| FBIN Fortune Brands Innovations I | Sold out | 0.00% | −0.07 |
| AZO AutoZone Inc. | Reduce -29.8% | 0.35% | −0.06 |
| NXPI NXP Semiconductors NV | Reduce -1.3% | 0.58% | −0.05 |
| PEP Pepsico Inc. | Reduce -4.5% | 1.07% | −0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -9.4% | 0.26% | −0.05 |
| HY Hyster-Yale Inc. | Sold out | 0.00% | −0.05 |
| HOLX Hologic Inc. | Reduce -1.1% | 0.26% | −0.04 |
| ORCL Oracle Corp. | Reduce -3.3% | 0.21% | −0.04 |
| EAT Brinker International Inc. | Sold out | 0.00% | −0.04 |
| TRMB Trimble Inc. | Reduce -1.8% | 0.49% | −0.04 |
| KEYS Keysight Technologies Inc. | Sold out | 0.00% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -17.5% | 0.23% | −0.04 |
| TGT Target Corp. | Sold out | 0.00% | −0.04 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.04 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -6.2% | 0.76% | −0.03 |
| FTRE Fortrea Holdings Inc. | Reduce -29.9% | 0.01% | −0.03 |
| ETD Ethan Allen Interiors Inc. | Sold out | 0.00% | −0.03 |
| ODFL Old Dominion Freight Line | Reduce -5.2% | 0.28% | −0.03 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Sold out | 0.00% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -25.7% | 0.11% | −0.03 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.03 |
| ZBH Zimmer Biomet Holdings Inc. | Sold out | 0.00% | −0.03 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.03 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.03 |
| KEY Keycorp | Sold out | 0.00% | −0.03 |
| PNC PNC Financial Services Group | Reduce -0.8% | 0.32% | −0.03 |
| GEV GE Vernova Inc. | Reduce -26.9% | 0.07% | −0.03 |
| BC Brunswick Corp. | Reduce -0.7% | 0.15% | −0.03 |
| PPG PPG Industries Inc. | Reduce -0.8% | 0.33% | −0.03 |
| IMCG iShares Morningstar Mid-Cap | Reduce -4.7% | 0.27% | −0.03 |
| LH Labcorp Holdings Inc. | Reduce -5.5% | 0.68% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| SGOV iShares 0-3 Month Treasury B | Add +303.2% | 0.62% | +0.47 |
| CGDV Cap Group Dividend Value | Add +380.6% | 0.50% | +0.40 |
| FBND Fidelity Total Bond ETF | Add +11.6% | 2.85% | +0.38 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +31.6% | 1.22% | +0.30 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +7.2% | 2.72% | +0.25 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +23.9% | 1.66% | +0.24 |
| WGO Winnebago Industries | New | 0.22% | +0.22 |
| IAUM iShares Gold Trust Micro | New | 0.16% | +0.16 |
| FNF Fidelity National Financial | Add +2.6% | 0.93% | +0.16 |
| IWV iShares Russell 3000 ETF | New | 0.15% | +0.15 |
| MLM Martin Marietta Materials | New | 0.14% | +0.14 |
| RHP Ryman Hospitality Properties | New | 0.14% | +0.14 |
| BOOM DMC Global Inc. | Add +9.9% | 0.60% | +0.13 |
| BRBR Bellring Brands Inc. | Add +18.7% | 0.78% | +0.12 |
| SAIA Saia Inc. | Add +55.6% | 0.59% | +0.10 |
| GPC Genuine Parts Co. | Add +22.5% | 0.35% | +0.07 |
| QQQM Invesco Nasdaq 100 ETF | Add +11.4% | 2.05% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 0.36% | +0.06 |
| MDLZ Mondelez International Inc. Class A | Add +3.2% | 0.35% | +0.06 |
| FCX Freeport-McMoran Inc. | New | 0.05% | +0.05 |
| GBIL Goldman Sachs Access Treasur | New | 0.05% | +0.05 |
| SJM The JM Smucker Co. | Add +7.0% | 0.33% | +0.05 |
| CHDN Churchill Downs Inc. | Add +29.1% | 0.56% | +0.05 |
| GE General Electric | Add +1.7% | 0.24% | +0.04 |
| CBRE CBRE Group Inc. Class A | Add +14.4% | 0.32% | +0.04 |
| FSLR First Solar Inc. | New | 0.04% | +0.04 |
| HBAN Huntington Bancshares Inc. | Add +48.7% | 0.14% | +0.04 |
| LFSC F/M Emr Life Sciences in ETF | Add +44.8% | 0.13% | +0.04 |
| ESLT Elbit Systems Ltd. | Add +6.5% | 0.10% | +0.04 |
| JLL Jones Lang Lasalle Inc. | Add +9.3% | 0.53% | +0.03 |
| ED Consolidated Edison Inc. | New | 0.03% | +0.03 |
| PPL PPL Corp. | New | 0.03% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.03% | +0.03 |
| D Dominion Energy Inc. | New | 0.03% | +0.03 |
| EQT Eqt Corp. | Add +0.4% | 0.21% | +0.03 |
| SYK Stryker Corp. | Add +2.6% | 0.46% | +0.03 |
| JUST Goldman Sachs Just US LRG | New | 0.03% | +0.03 |
| CGCP Cap Group Core Plus Income | Add +8.1% | 0.32% | +0.03 |
| PFG Principal Financial Group | New | 0.03% | +0.03 |
| ADBE Adobe Inc. | Add +67.2% | 0.09% | +0.03 |
| CP Canadian Pacific Kansas City | Add +41.9% | 0.09% | +0.03 |
| VGIT Vanguard Intermediate-Term T | Add +11.2% | 0.17% | +0.02 |
| IAGG iShares Intl Aggregate Bond | Add +11.7% | 0.16% | +0.02 |
| MMM 3M Co. | Add +1.3% | 0.11% | +0.02 |
| UNP Union Pacific Corp. | Add +10.2% | 0.12% | +0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +0.8% | 1.07% | +0.02 |
| BIIB Biogen Inc. | Add +46.3% | 0.06% | +0.02 |
| BMY Bristol-Myers Squibb Co. | Add +0.0% | 0.17% | +0.01 |
| GLW Corning Inc. | Add +5.3% | 0.56% | +0.01 |
| TXN Texas Instruments Inc. | Add +7.8% | 0.25% | +0.01 |
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 |