Hunter Associates Investment Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Hunter Associates Investment Management LLC reported 251 stock positions worth $674.1 million. Its top holding was Goldman Activebeta US LC ETF (GSLC) at 6.1% of the portfolio, followed by Microsoft (MSFT, 6.1%) and Apple (AAPL, 4.4%). Compared with Q1 2025, it opened 14 new positions, sold out of 10, added to 83 and reduced 99. The biggest buy was a new position in Cap Group Municipal Income (CGMU) and the biggest sale Apple (AAPL, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001380137
- Portfolio Value
- $674.1M (Q2 2025)
- SEC Filing
- 0001380137-25-000007 ↗ filed Aug 5, 2025
Holdings Value
Holdings 251 stocks · $674.1M
| GSLC Goldman Activebeta US LC ETF | 6.12% | 340,182 | $41.3M | Add +9.1% |
| MSFT Microsoft Corp. | 6.12% | 82,899 | $41.2M | Reduce -6.1% |
| AAPL Apple Inc. | 4.43% | 145,499 | $29.9M | Reduce -10.3% |
| IHDG Wisdomtree International Hed | 3.30% | 494,862 | $22.3M | Reduce -1.8% |
| FBND Fidelity Total Bond ETF | 2.85% | 419,913 | $19.2M | Add +3.7% |
| QQQM Invesco Nasdaq 100 ETF | 2.73% | 81,326 | $18.4M | Add +18.5% |
| ISTB iShares Core 1-5 Year Usd Bo | 2.61% | 362,911 | $17.6M | Reduce -0.5% |
| SCHD Schwab US DVD Equity ETF | 2.61% | 663,942 | $17.6M | Reduce -3.7% |
| AVGO Broadcom Inc. | 2.26% | 55,312 | $15.2M | Reduce -0.9% |
| FISV Fiserv Inc. | 2.13% | 83,234 | $14.3M | Add +0.0% |
| AMGN Amgen Inc. | 2.12% | 51,253 | $14.3M | Reduce -4.1% |
| XMHQ Invesco S&P Midcap Qual ETF | 2.03% | 139,184 | $13.7M | Add +17.9% |
| RMD Resmed Inc. | 1.67% | 43,617 | $11.3M | Reduce -13.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.51% | 105,248 | $10.2M | Reduce -5.2% |
| FOUR SHIFT4 Payments Inc. Class A | 1.31% | 89,097 | $8.8M | Add +7.4% |
| CGMU Cap Group Municipal Income | 1.25% | 316,966 | $8.5M | New |
| CSCO Cisco Systems Inc. | 1.21% | 117,307 | $8.1M | Reduce -4.9% |
| PG The Procter & Gamble Co. | 1.20% | 50,643 | $8.1M | Reduce -5.1% |
| JEPI JPMorgan Equity Premium Inco | 1.08% | 128,655 | $7.3M | Add +6.4% |
| JNJ Johnson & Johnson | 1.05% | 46,192 | $7.1M | Reduce -6.0% |
| ACN Accenture PLC Class A | 1.01% | 22,831 | $6.8M | Reduce -9.6% |
| V Visa Inc. Class A | 0.98% | 18,554 | $6.6M | Reduce -3.0% |
| APLD Applied Digital Corp. | 0.88% | 589,093 | $5.9M | Add +9.9% |
| LLY Eli Lilly & Co. | 0.87% | 7,563 | $5.9M | Reduce -5.6% |
| PEP Pepsico Inc. | 0.84% | 42,783 | $5.6M | Reduce -7.2% |
| PM Philip Morris International | 0.81% | 30,007 | $5.5M | Reduce -5.8% |
| EXPE Expedia Group Inc. | 0.78% | 31,066 | $5.3M | Add +3.7% |
| SAIA Saia Inc. | 0.77% | 18,879 | $5.2M | Add +71.2% |
| XOM Exxon Mobil Corp. | 0.71% | 44,691 | $4.8M | Reduce -7.8% |
| FNF Fidelity National Financial | 0.70% | 84,428 | $4.7M | Reduce -8.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.70% | 119,322 | $4.7M | Add +30.3% |
| TMO Thermo Fisher Scientific Inc. | 0.67% | 11,200 | $4.5M | Reduce -16.4% |
| LH Labcorp Holdings Inc. | 0.66% | 16,838 | $4.4M | Reduce -11.4% |
| TPL Texas Pacific Land Corp. | 0.65% | 4,171 | $4.4M | Reduce -21.0% |
| ABBV Abbvie Inc. | 0.64% | 23,221 | $4.3M | Reduce -1.5% |
| GLW Corning Inc. | 0.62% | 79,693 | $4.2M | Add +1.1% |
| H Hyatt Hotels Corp. Class A | 0.62% | 29,859 | $4.2M | Add +75.4% |
| BRBR Bellring Brands Inc. | 0.61% | 70,793 | $4.1M | Add +4.0% |
| JBL Jabil Inc. | 0.59% | 18,386 | $4.0M | Add +4.8% |
| NXPI NXP Semiconductors NV | 0.58% | 18,010 | $3.9M | Reduce -9.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.57% | 13,015 | $3.8M | Reduce -1.4% |
| JLL Jones Lang Lasalle Inc. | 0.56% | 14,652 | $3.8M | Add +4.2% |
| ANSS Ansys Inc. | 0.55% | 10,534 | $3.7M | No change |
| TRMB Trimble Inc. | 0.55% | 48,594 | $3.7M | Add +1.4% |
| BOOM DMC Global Inc. | 0.54% | 454,355 | $3.7M | Reduce -1.5% |
| FDX FedEx Corp. | 0.54% | 15,949 | $3.6M | Add +6.7% |
| ABT Abbott Laboratories | 0.52% | 26,012 | $3.5M | Reduce -1.2% |
| SHM SS SPDR N Ice St Muni ETF | 0.50% | 69,891 | $3.3M | Reduce -32.1% |
| SMG Scotts Miracle-Gro Co. | 0.48% | 49,129 | $3.2M | Add +57.2% |
| GOOG Alphabet Inc. Class C | 0.48% | 18,114 | $3.2M | Add +5.7% |
| SYK Stryker Corp. | 0.47% | 7,971 | $3.2M | Reduce -0.3% |
| CVX Chevron Corp. | 0.47% | 21,912 | $3.1M | Add +1.7% |
| TTWO Take-Two Interactive Softwre | 0.45% | 12,472 | $3.0M | Reduce -0.0% |
| PFE Pfizer Inc. | 0.44% | 121,147 | $2.9M | Reduce -0.3% |
| ARLO Arlo Technologies Inc. | 0.43% | 173,630 | $2.9M | New |
| MCD McDonald's Corp. | 0.43% | 9,809 | $2.9M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 0.42% | 9,804 | $2.8M | Reduce -6.4% |
| MS Morgan Stanley | 0.40% | 18,971 | $2.7M | Reduce -25.5% |
| MO Altria Group Inc. | 0.39% | 45,267 | $2.7M | Reduce -1.9% |
| FAF First American Financial | 0.39% | 42,791 | $2.6M | Add +4.9% |
| LIND Lindblad Expeditions Holding | 0.39% | 223,490 | $2.6M | Add +0.7% |
| OFLX Omega Flex Inc. | 0.36% | 74,482 | $2.4M | Reduce -5.0% |
| AMZN Amazon.com Inc. | 0.35% | 10,856 | $2.4M | Reduce -3.9% |
| DLR Digital Realty Trust Inc. | 0.35% | 13,702 | $2.4M | No change |
| ELMD Electromed Inc. | 0.35% | 106,950 | $2.4M | Add +4.4% |
| CGCP Cap Group Core Plus Income | 0.35% | 104,318 | $2.3M | Add +12.3% |
| GPC Genuine Parts Co. | 0.35% | 19,336 | $2.3M | Add +1.0% |
| WM Waste Management Inc. | 0.35% | 10,214 | $2.3M | Reduce -3.0% |
| RS Reliance Inc. | 0.35% | 7,433 | $2.3M | Add +4.5% |
| CBRE CBRE Group Inc. Class A | 0.34% | 16,458 | $2.3M | Add +4.5% |
| SGOV iShares 0-3 Month Treasury B | 0.34% | 22,629 | $2.3M | Reduce -43.6% |
| ADP Automatic Data Processing | 0.33% | 7,309 | $2.3M | Reduce -2.7% |
| QYLD Global X Nasd 100 Cov Call | 0.33% | 134,343 | $2.3M | Add +13.0% |
| MDLZ Mondelez International Inc. Class A | 0.33% | 33,412 | $2.2M | Reduce -0.1% |
| PPG PPG Industries Inc. | 0.33% | 19,487 | $2.2M | Reduce -0.7% |
| AZO AutoZone Inc. | 0.33% | 595 | $2.2M | Add +1.2% |
| PNC PNC Financial Services Group | 0.33% | 11,836 | $2.2M | No change |
| PLMR Palomar Holdings Inc. | 0.32% | 14,044 | $2.2M | Reduce -9.1% |
| ORCL Oracle Corp. | 0.32% | 9,869 | $2.2M | Add +3.2% |
| FIX Comfort Systems USA Inc. | 0.32% | 4,007 | $2.1M | Reduce -43.2% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.32% | 40,674 | $2.1M | Reduce -12.4% |
| GE General Electric filed as GE AEROSPACE | 0.31% | 8,242 | $2.1M | Add +7.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 4,344 | $2.1M | No change |
| WSO Watsco Inc. | 0.30% | 4,590 | $2.0M | Reduce -26.4% |
| NVDA Nvidia Corp. | 0.30% | 12,782 | $2.0M | Add +4.0% |
| ODFL Old Dominion Freight Line | 0.30% | 12,423 | $2.0M | Add +11.2% |
| APH Amphenol Corp. Class A | 0.29% | 19,941 | $2.0M | Add +3.3% |
| CHDN Churchill Downs Inc. | 0.29% | 19,085 | $1.9M | Reduce -41.1% |
| SNA Snap-on Inc. | 0.28% | 6,152 | $1.9M | Add +1.6% |
| IMCG iShares Morningstar Mid-Cap | 0.28% | 23,769 | $1.9M | Reduce -4.0% |
| TXN Texas Instruments Inc. | 0.28% | 9,093 | $1.9M | Add +1.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 7,797 | $1.8M | Add +3.0% |
| META Meta Platforms Inc. Class A | 0.27% | 2,492 | $1.8M | Add +6.2% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.27% | 18,411 | $1.8M | Add +2.2% |
| PRKS United Parks & Resorts Inc. | 0.26% | 36,787 | $1.7M | Add +5.9% |
| HOLX Hologic Inc. | 0.23% | 24,145 | $1.6M | Reduce -12.5% |
| GILD Gilead Sciences Inc. | 0.23% | 14,125 | $1.6M | Reduce -13.5% |
| CARR Carrier Global Corp. | 0.23% | 21,248 | $1.6M | Reduce -3.6% |
| FIS Fidelity National Info Serv | 0.23% | 19,081 | $1.6M | Reduce -0.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.22% | 21,923 | $1.5M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -10.3% | 4.43% | −1.13 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -91.6% | 0.10% | −1.13 |
| AMGN Amgen Inc. | Reduce -4.1% | 2.12% | −0.45 |
| TPL Texas Pacific Land Corp. | Reduce -21.0% | 0.65% | −0.43 |
| SCHD Schwab US DVD Equity ETF | Reduce -3.7% | 2.61% | −0.36 |
| TMO Thermo Fisher Scientific Inc. | Reduce -16.4% | 0.67% | −0.36 |
| SGOV iShares 0-3 Month Treasury B | Reduce -43.6% | 0.34% | −0.29 |
| CHDN Churchill Downs Inc. | Reduce -41.1% | 0.29% | −0.27 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -32.1% | 0.50% | −0.26 |
| PEP Pepsico Inc. | Reduce -7.2% | 0.84% | −0.23 |
| FNF Fidelity National Financial | Reduce -8.2% | 0.70% | −0.22 |
| JNJ Johnson & Johnson | Reduce -6.0% | 1.05% | −0.21 |
| PG The Procter & Gamble Co. | Reduce -5.1% | 1.20% | −0.21 |
| ACN Accenture PLC Class A | Reduce -9.6% | 1.01% | −0.20 |
| WSO Watsco Inc. | Reduce -26.4% | 0.30% | −0.19 |
| XOM Exxon Mobil Corp. | Reduce -7.8% | 0.71% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -5.6% | 0.87% | −0.15 |
| ABBV Abbvie Inc. | Reduce -1.5% | 0.64% | −0.12 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -0.5% | 2.61% | −0.10 |
| BRO Brown & Brown Inc. | Reduce -35.5% | 0.12% | −0.10 |
| CODI Compass Diversified Holdings | Sold out | 0.00% | −0.08 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.07 |
| IHDG Wisdomtree International Hed | Reduce -1.8% | 3.30% | −0.07 |
| TROW T Rowe Price Group Inc. | Reduce -5.2% | 1.51% | −0.07 |
| RMD Resmed Inc. | Reduce -13.2% | 1.67% | −0.07 |
| OFLX Omega Flex Inc. | Reduce -5.0% | 0.36% | −0.06 |
| MS Morgan Stanley | Reduce -25.5% | 0.40% | −0.06 |
| V Visa Inc. Class A | Reduce -3.0% | 0.98% | −0.06 |
| BOOM DMC Global Inc. | Reduce -1.5% | 0.54% | −0.06 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -12.4% | 0.32% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -6.2% | 0.12% | −0.05 |
| GILD Gilead Sciences Inc. | Reduce -13.5% | 0.23% | −0.05 |
| GIS General Mills Inc. | Reduce -1.3% | 0.22% | −0.05 |
| CRH CRH PLC | Reduce -32.1% | 0.10% | −0.05 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -18.8% | 0.11% | −0.04 |
| HSY The Hershey Co. | Reduce -28.1% | 0.08% | −0.04 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −0.04 |
| INTC Intel Corp. | Reduce -14.6% | 0.17% | −0.04 |
| PFE Pfizer Inc. | Reduce -0.3% | 0.44% | −0.04 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.03 |
| MO Altria Group Inc. | Reduce -1.9% | 0.39% | −0.03 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.03 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.03 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.03 |
| PPL PPL Corp. | Sold out | 0.00% | −0.03 |
| FIX Comfort Systems USA Inc. | Reduce -43.2% | 0.32% | −0.03 |
| SHEL Shell PLC-ADR | Reduce -9.4% | 0.16% | −0.03 |
| PFG Principal Financial Group | Sold out | 0.00% | −0.03 |
| HOLX Hologic Inc. | Reduce -12.5% | 0.23% | −0.03 |
| WM Waste Management Inc. | Reduce -3.0% | 0.35% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| CGMU Cap Group Municipal Income | New | 1.25% | +1.25 |
| GSLC Goldman Activebeta US LC ETF | Add +9.1% | 6.12% | +0.82 |
| QQQM Invesco Nasdaq 100 ETF | Add +18.5% | 2.73% | +0.69 |
| ARLO Arlo Technologies Inc. | New | 0.43% | +0.43 |
| APLD Applied Digital Corp. | Add +9.9% | 0.88% | +0.41 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +17.9% | 2.03% | +0.36 |
| H Hyatt Hotels Corp. Class A | Add +75.4% | 0.62% | +0.30 |
| FOUR SHIFT4 Payments Inc. Class A | Add +7.4% | 1.31% | +0.26 |
| JBL Jabil Inc. | Add +4.8% | 0.59% | +0.23 |
| SMG Scotts Miracle-Gro Co. | Add +57.2% | 0.48% | +0.22 |
| CGDV Cap Group Dividend Value | Add +30.3% | 0.70% | +0.19 |
| SAIA Saia Inc. | Add +71.2% | 0.77% | +0.17 |
| KNF Knife River Corp. | New | 0.13% | +0.13 |
| ORCL Oracle Corp. | Add +3.2% | 0.32% | +0.11 |
| APH Amphenol Corp. Class A | Add +3.3% | 0.29% | +0.10 |
| NVDA Nvidia Corp. | Add +4.0% | 0.30% | +0.09 |
| COF Capital One Financial Corp. | New | 0.09% | +0.09 |
| GE General Electric | Add +7.0% | 0.31% | +0.08 |
| LIND Lindblad Expeditions Holding | Add +0.7% | 0.39% | +0.07 |
| GLW Corning Inc. | Add +1.1% | 0.62% | +0.07 |
| META Meta Platforms Inc. Class A | Add +6.2% | 0.27% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +5.7% | 0.48% | +0.06 |
| GBIL Goldman Sachs Access Treasur | Add +135.2% | 0.11% | +0.06 |
| TRMB Trimble Inc. | Add +1.4% | 0.55% | +0.06 |
| SYM Symbotic Inc. | New | 0.05% | +0.05 |
| GEV GE Vernova Inc. | Add +3.9% | 0.11% | +0.05 |
| MLM Martin Marietta Materials | Add +17.4% | 0.19% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.04% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.04% | +0.04 |
| CGCB Cap Group Core Bond | New | 0.03% | +0.03 |
| MU Micron Technology Inc. | New | 0.03% | +0.03 |
| TTEK Tetra Tech Inc. | Add +4.4% | 0.18% | +0.03 |
| VOO Vanguard S&P 500 ETF | New | 0.03% | +0.03 |
| MOS The Mosaic Co. | New | 0.03% | +0.03 |
| TXN Texas Instruments Inc. | Add +1.4% | 0.28% | +0.03 |
| BKNG Booking Holdings Inc. | New | 0.03% | +0.03 |
| EAT Brinker International Inc. | New | 0.03% | +0.03 |
| TPR Tapestry Inc. | New | 0.03% | +0.03 |
| RS Reliance Inc. | Add +4.5% | 0.35% | +0.03 |
| QYLD Global X Nasd 100 Cov Call | Add +13.0% | 0.33% | +0.03 |
| PCAR Paccar Inc. | Add +48.7% | 0.10% | +0.03 |
| RIO Rio Tinto PLC-Spon ADR | Add +43.7% | 0.11% | +0.03 |
| CGCP Cap Group Core Plus Income | Add +12.3% | 0.35% | +0.03 |
| BA The Boeing Co. | Add +4.9% | 0.13% | +0.03 |
| JLL Jones Lang Lasalle Inc. | Add +4.2% | 0.56% | +0.03 |
| CBRE CBRE Group Inc. Class A | Add +4.5% | 0.34% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +6.5% | 0.17% | +0.02 |
| DIS The Walt Disney Co. | Add +2.2% | 0.13% | +0.02 |
| IAGG iShares Intl Aggregate Bond | Add +15.8% | 0.19% | +0.02 |
| HRI Herc Holdings Inc. | Add +17.7% | 0.22% | +0.02 |
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 |