Hunter Associates Investment Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 30, 2025), Hunter Associates Investment Management LLC reported 256 stock positions worth $719.4 million. Its top holding was Goldman Activebeta US LC ETF (GSLC) at 6.1% of the portfolio, followed by Microsoft (MSFT, 6.0%) and Apple (AAPL, 5.2%). Compared with Q2 2025, it opened 10 new positions, sold out of 5, added to 97 and reduced 84. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale an exit from Ansys (ANSS).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001380137
- Portfolio Value
- $719.4M (Q3 2025)
- SEC Filing
- 0001380137-25-000009 ↗ filed Oct 30, 2025
Holdings Value
Holdings 256 stocks · $719.4M
| GSLC Goldman Activebeta US LC ETF | 6.12% | 338,108 | $44.1M | Reduce -0.6% |
| MSFT Microsoft Corp. | 6.04% | 83,957 | $43.5M | Add +1.3% |
| AAPL Apple Inc. | 5.16% | 145,821 | $37.1M | Add +0.2% |
| IHDG Wisdomtree International Hed | 3.15% | 491,887 | $22.7M | Reduce -0.6% |
| FBND Fidelity Total Bond ETF | 2.98% | 463,252 | $21.4M | Add +10.3% |
| QQQM Invesco Nasdaq 100 ETF | 2.83% | 82,821 | $20.4M | Add +1.8% |
| ISTB iShares Core 1-5 Year Usd Bo | 2.62% | 386,857 | $18.9M | Add +6.6% |
| AVGO Broadcom Inc. | 2.27% | 49,509 | $16.3M | Reduce -10.5% |
| SCHD Schwab US DVD Equity ETF | 2.23% | 586,593 | $16.0M | Reduce -11.7% |
| XMHQ Invesco S&P Midcap Qual ETF | 2.19% | 150,158 | $15.8M | Add +7.9% |
| AMGN Amgen Inc. | 2.00% | 51,010 | $14.4M | Reduce -0.5% |
| APLD Applied Digital Corp. | 1.60% | 502,820 | $11.5M | Reduce -14.7% |
| RMD Resmed Inc. | 1.60% | 42,132 | $11.5M | Reduce -3.4% |
| FISV Fiserv Inc. | 1.58% | 87,924 | $11.3M | Add +5.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.52% | 106,490 | $10.9M | Add +1.2% |
| CGMU Cap Group Municipal Income | 1.34% | 352,962 | $9.6M | Add +11.4% |
| JNJ Johnson & Johnson | 1.17% | 45,526 | $8.4M | Reduce -1.4% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.16% | 197,725 | $8.3M | Add +65.7% |
| CSCO Cisco Systems Inc. | 1.12% | 118,012 | $8.1M | Add +0.6% |
| PG The Procter & Gamble Co. | 1.08% | 50,613 | $7.8M | Reduce -0.1% |
| FOUR SHIFT4 Payments Inc. Class A | 1.05% | 98,037 | $7.6M | Add +10.0% |
| JEPI JPMorgan Equity Premium Inco | 0.99% | 124,630 | $7.1M | Reduce -3.1% |
| V Visa Inc. Class A | 0.89% | 18,734 | $6.4M | Add +1.0% |
| SAIA Saia Inc. | 0.89% | 21,352 | $6.4M | Add +13.1% |
| GLW Corning Inc. | 0.87% | 75,955 | $6.2M | Reduce -4.7% |
| LLY Eli Lilly & Co. | 0.83% | 7,822 | $6.0M | Add +3.4% |
| PEP Pepsico Inc. | 0.81% | 41,384 | $5.8M | Reduce -3.3% |
| ACN Accenture PLC Class A | 0.79% | 23,022 | $5.7M | Add +0.8% |
| EXPE Expedia Group Inc. | 0.77% | 25,867 | $5.5M | Reduce -16.7% |
| TMO Thermo Fisher Scientific Inc. | 0.76% | 11,284 | $5.5M | Add +0.8% |
| ABBV Abbvie Inc. | 0.76% | 23,488 | $5.4M | Add +1.1% |
| H Hyatt Hotels Corp. Class A | 0.71% | 35,808 | $5.1M | Add +19.9% |
| BRBR Bellring Brands Inc. | 0.70% | 138,929 | $5.1M | Add +96.3% |
| XOM Exxon Mobil Corp. | 0.70% | 44,691 | $5.0M | No change |
| FNF Fidelity National Financial | 0.69% | 82,642 | $5.0M | Reduce -2.1% |
| LH Labcorp Holdings Inc. | 0.67% | 16,840 | $4.8M | Add +0.0% |
| PM Philip Morris International | 0.66% | 29,217 | $4.7M | Reduce -2.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.65% | 16,465 | $4.6M | Add +26.5% |
| GOOG Alphabet Inc. Class C | 0.63% | 18,709 | $4.6M | Add +3.3% |
| JLL Jones Lang Lasalle Inc. | 0.63% | 15,190 | $4.5M | Add +3.7% |
| NXPI NXP Semiconductors NV | 0.57% | 18,010 | $4.1M | No change |
| TPL Texas Pacific Land Corp. | 0.53% | 4,071 | $3.8M | Reduce -2.4% |
| FDX FedEx Corp. | 0.53% | 16,105 | $3.8M | Add +1.0% |
| JBL Jabil Inc. | 0.49% | 16,281 | $3.5M | Reduce -11.4% |
| TRMB Trimble Inc. | 0.49% | 43,238 | $3.5M | Reduce -11.0% |
| ABT Abbott Laboratories | 0.48% | 25,687 | $3.4M | Reduce -1.3% |
| CVX Chevron Corp. | 0.48% | 22,064 | $3.4M | Add +0.7% |
| BOOM DMC Global Inc. | 0.47% | 397,135 | $3.4M | Reduce -12.6% |
| ARLO Arlo Technologies Inc. | 0.44% | 189,234 | $3.2M | Add +9.0% |
| JPM JPMorgan Chase & Co. | 0.44% | 10,123 | $3.2M | Add +3.3% |
| MS Morgan Stanley | 0.43% | 19,628 | $3.1M | Add +3.5% |
| PFE Pfizer Inc. | 0.43% | 121,160 | $3.1M | Add +0.0% |
| SHM SS SPDR N Ice St Muni ETF | 0.43% | 63,891 | $3.1M | Reduce -8.6% |
| FIX Comfort Systems USA Inc. | 0.42% | 3,654 | $3.0M | Reduce -8.8% |
| SYK Stryker Corp. | 0.42% | 8,121 | $3.0M | Add +1.9% |
| MCD McDonald's Corp. | 0.41% | 9,810 | $3.0M | Add +0.0% |
| MO Altria Group Inc. | 0.41% | 45,036 | $3.0M | Reduce -0.5% |
| LIND Lindblad Expeditions Holding | 0.41% | 228,490 | $2.9M | Add +2.2% |
| SMG Scotts Miracle-Gro Co. | 0.41% | 51,173 | $2.9M | Add +4.2% |
| ELMD Electromed Inc. | 0.40% | 117,750 | $2.9M | Add +10.1% |
| ORCL Oracle Corp. | 0.40% | 10,172 | $2.9M | Add +3.1% |
| FAF First American Financial | 0.39% | 43,174 | $2.8M | Add +0.9% |
| TTWO Take-Two Interactive Softwre | 0.39% | 10,732 | $2.8M | Reduce -13.9% |
| GPC Genuine Parts Co. | 0.38% | 19,758 | $2.7M | Add +2.2% |
| CGCP Cap Group Core Plus Income | 0.37% | 117,735 | $2.7M | Add +12.9% |
| CBRE CBRE Group Inc. Class A | 0.35% | 16,138 | $2.5M | Reduce -1.9% |
| AZO AutoZone Inc. | 0.35% | 595 | $2.5M | No change |
| AMZN Amazon.com Inc. | 0.34% | 11,188 | $2.5M | Add +3.1% |
| GE General Electric filed as GE AEROSPACE | 0.34% | 8,167 | $2.5M | Reduce -0.9% |
| DLR Digital Realty Trust Inc. | 0.34% | 14,029 | $2.4M | Add +2.4% |
| PNC PNC Financial Services Group | 0.34% | 12,011 | $2.4M | Add +1.5% |
| QYLD Global X Nasd 100 Cov Call | 0.32% | 137,849 | $2.3M | Add +2.6% |
| PLMR Palomar Holdings Inc. | 0.32% | 19,785 | $2.3M | Add +40.9% |
| OFLX Omega Flex Inc. | 0.32% | 73,507 | $2.3M | Reduce -1.3% |
| NVDA Nvidia Corp. | 0.31% | 12,108 | $2.3M | Reduce -5.3% |
| ODFL Old Dominion Freight Line | 0.31% | 15,917 | $2.2M | Add +28.1% |
| WM Waste Management Inc. | 0.31% | 10,149 | $2.2M | Reduce -0.6% |
| SNA Snap-on Inc. | 0.31% | 6,418 | $2.2M | Add +4.3% |
| MDLZ Mondelez International Inc. Class A | 0.31% | 35,510 | $2.2M | Add +6.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 4,344 | $2.2M | No change |
| ADP Automatic Data Processing | 0.30% | 7,386 | $2.2M | Add +1.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.30% | 40,674 | $2.2M | No change |
| RS Reliance Inc. | 0.29% | 7,324 | $2.1M | Reduce -1.5% |
| PPG PPG Industries Inc. | 0.28% | 19,287 | $2.0M | Reduce -1.0% |
| APH Amphenol Corp. Class A | 0.28% | 16,259 | $2.0M | Reduce -18.5% |
| CHDN Churchill Downs Inc. | 0.28% | 20,677 | $2.0M | Add +8.3% |
| PRKS United Parks & Resorts Inc. | 0.27% | 38,091 | $2.0M | Add +3.5% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.27% | 18,152 | $2.0M | Reduce -1.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 7,581 | $2.0M | Reduce -2.8% |
| IMCG iShares Morningstar Mid-Cap | 0.26% | 22,619 | $1.9M | Reduce -4.8% |
| META Meta Platforms Inc. Class A | 0.26% | 2,530 | $1.9M | Add +1.5% |
| WSO Watsco Inc. | 0.25% | 4,545 | $1.8M | Reduce -1.0% |
| SGOV iShares 0-3 Month Treasury B | 0.25% | 18,134 | $1.8M | Reduce -19.9% |
| TXN Texas Instruments Inc. | 0.25% | 9,882 | $1.8M | Add +8.7% |
| SNPS Synopsys Inc. | 0.24% | 3,564 | $1.8M | New |
| VXF Vanguard Extended Market ETF | 0.23% | 7,999 | $1.7M | Add +1.9% |
| SCCO Southern Copper Corp. | 0.23% | 13,790 | $1.7M | Reduce -0.7% |
| INTC Intel Corp. | 0.23% | 48,924 | $1.6M | Reduce -2.2% |
| WGO Winnebago Industries | 0.22% | 47,937 | $1.6M | Add +1.7% |
| GOOGL Alphabet Inc. Class A | 0.22% | 6,481 | $1.6M | Add +2.6% |
Portfolio Sells Q2 2025 → Q3 2025
| ANSS Ansys Inc. | Sold out | 0.00% | −0.55 |
| SCHD Schwab US DVD Equity ETF | Reduce -11.7% | 2.23% | −0.38 |
| IHDG Wisdomtree International Hed | Reduce -0.6% | 3.15% | −0.15 |
| PM Philip Morris International | Reduce -2.6% | 0.66% | −0.15 |
| TPL Texas Pacific Land Corp. | Reduce -2.4% | 0.53% | −0.13 |
| AMGN Amgen Inc. | Reduce -0.5% | 2.00% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 1.08% | −0.12 |
| JBL Jabil Inc. | Reduce -11.4% | 0.49% | −0.10 |
| JEPI JPMorgan Equity Premium Inco | Reduce -3.1% | 0.99% | −0.09 |
| SGOV iShares 0-3 Month Treasury B | Reduce -19.9% | 0.25% | −0.08 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -68.7% | 0.03% | −0.08 |
| BOOM DMC Global Inc. | Reduce -12.6% | 0.47% | −0.08 |
| UNH Unitedhealth Group Inc. | Reduce -58.3% | 0.06% | −0.07 |
| RMD Resmed Inc. | Reduce -3.4% | 1.60% | −0.07 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -8.6% | 0.43% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -5.5% | 0.16% | −0.06 |
| FIS Fidelity National Info Serv | Reduce -4.7% | 0.17% | −0.06 |
| TTWO Take-Two Interactive Softwre | Reduce -13.9% | 0.39% | −0.06 |
| RS Reliance Inc. | Reduce -1.5% | 0.29% | −0.06 |
| CARR Carrier Global Corp. | Reduce -3.3% | 0.17% | −0.06 |
| TRMB Trimble Inc. | Reduce -11.0% | 0.49% | −0.06 |
| SHEL Shell PLC-ADR | Reduce -29.0% | 0.11% | −0.05 |
| PPG PPG Industries Inc. | Reduce -1.0% | 0.28% | −0.05 |
| GIS General Mills Inc. | Reduce -14.2% | 0.17% | −0.05 |
| ABT Abbott Laboratories | Reduce -1.3% | 0.48% | −0.05 |
| WSO Watsco Inc. | Reduce -1.0% | 0.25% | −0.05 |
| OFLX Omega Flex Inc. | Reduce -1.3% | 0.32% | −0.04 |
| WM Waste Management Inc. | Reduce -0.6% | 0.31% | −0.04 |
| BRO Brown & Brown Inc. | Reduce -7.9% | 0.09% | −0.03 |
| ESLT Elbit Systems Ltd. | Reduce -31.4% | 0.08% | −0.03 |
| PEP Pepsico Inc. | Reduce -3.3% | 0.81% | −0.03 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.03 |
| EAT Brinker International Inc. | Sold out | 0.00% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -18.2% | 0.09% | −0.03 |
| ADBE Adobe Inc. | Reduce -10.5% | 0.09% | −0.03 |
| TTEK Tetra Tech Inc. | Reduce -2.6% | 0.15% | −0.03 |
| HSY The Hershey Co. | Reduce -32.1% | 0.06% | −0.02 |
| MATW Matthews Intl Corp. Class A | Reduce -31.9% | 0.04% | −0.02 |
| IMCG iShares Morningstar Mid-Cap | Reduce -4.8% | 0.26% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -7.3% | 0.11% | −0.02 |
| DIS The Walt Disney Co. | Reduce -1.4% | 0.11% | −0.02 |
| NFLX Netflix Inc. | Reduce -22.9% | 0.03% | −0.02 |
| MKL Markel Group Inc. | Reduce -2.4% | 0.11% | −0.02 |
| HOLX Hologic Inc. | Reduce -3.3% | 0.22% | −0.01 |
| BGT BlackRock Fltng RT Inc. TR | Reduce -22.2% | 0.03% | −0.01 |
| VEEV Veeva Systems Inc. Class A | Reduce -20.6% | 0.04% | −0.01 |
| APH Amphenol Corp. Class A | Reduce -18.5% | 0.28% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -13.0% | 0.07% | −0.01 |
| AP Ampco-Pittsburgh Corp. | Sold out | 0.00% | −0.01 |
| UNP Union Pacific Corp. | Reduce -5.5% | 0.10% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.2% | 5.16% | +0.74 |
| CGDV Cap Group Dividend Value | Add +65.7% | 1.16% | +0.46 |
| SNPS Synopsys Inc. | New | 0.24% | +0.24 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +7.9% | 2.19% | +0.16 |
| GOOG Alphabet Inc. Class C | Add +3.3% | 0.63% | +0.16 |
| FBND Fidelity Total Bond ETF | Add +10.3% | 2.98% | +0.13 |
| SAIA Saia Inc. | Add +13.1% | 0.89% | +0.12 |
| ABBV Abbvie Inc. | Add +1.1% | 0.76% | +0.12 |
| QQQM Invesco Nasdaq 100 ETF | Add +1.8% | 2.83% | +0.10 |
| BRBR Bellring Brands Inc. | Add +96.3% | 0.70% | +0.10 |
| H Hyatt Hotels Corp. Class A | Add +19.9% | 0.71% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | Add +0.8% | 0.76% | +0.09 |
| CGMU Cap Group Municipal Income | Add +11.4% | 1.34% | +0.08 |
| ORCL Oracle Corp. | Add +3.1% | 0.40% | +0.08 |
| IBM Intl Business Machines Corp. | Add +26.5% | 0.65% | +0.08 |
| AMRZ Amrize Ltd. | New | 0.07% | +0.07 |
| JLL Jones Lang Lasalle Inc. | Add +3.7% | 0.63% | +0.07 |
| ATRO Astronics Corp. | Add +64.3% | 0.10% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +2.6% | 0.22% | +0.05 |
| ELMD Electromed Inc. | Add +10.1% | 0.40% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.05% | +0.05 |
| GBIL Goldman Sachs Access Treasur | Add +48.3% | 0.16% | +0.04 |
| ORLY O'reilly Automotive Inc. | New | 0.04% | +0.04 |
| ATI Ati Inc. | New | 0.04% | +0.04 |
| MS Morgan Stanley | Add +3.5% | 0.43% | +0.04 |
| GPC Genuine Parts Co. | Add +2.2% | 0.38% | +0.03 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| XYL Xylem Inc. | New | 0.03% | +0.03 |
| PPL PPL Corp. | New | 0.03% | +0.03 |
| STLD Steel Dynamics Inc. | New | 0.03% | +0.03 |
| TRINITY BIOTECH INVT LTD | Add +11.2% | 0.07% | +0.03 |
| SNA Snap-on Inc. | Add +4.3% | 0.31% | +0.03 |
| CGCP Cap Group Core Plus Income | Add +12.9% | 0.37% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +3.3% | 0.44% | +0.02 |
| RTX RTX Corp. | Add +9.1% | 0.15% | +0.02 |
| WGO Winnebago Industries | Add +1.7% | 0.22% | +0.02 |
| VGIT Vanguard Intermediate-Term T | Add +17.4% | 0.21% | +0.02 |
| LIND Lindblad Expeditions Holding | Add +2.2% | 0.41% | +0.02 |
| IAGG iShares Intl Aggregate Bond | Add +17.3% | 0.21% | +0.02 |
| GEV GE Vernova Inc. | Add +6.8% | 0.13% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +46.1% | 0.05% | +0.02 |
| HD Home Depot Inc. | Add +9.0% | 0.15% | +0.02 |
| MPC Marathon Petroleum Corp. | Add +14.3% | 0.09% | +0.02 |
| LH Labcorp Holdings Inc. | Add +0.0% | 0.67% | +0.02 |
| PRKS United Parks & Resorts Inc. | Add +3.5% | 0.27% | +0.02 |
| TROW T Rowe Price Group Inc. | Add +1.2% | 1.52% | +0.01 |
| ODFL Old Dominion Freight Line | Add +28.1% | 0.31% | +0.01 |
| MU Micron Technology Inc. | Add +6.7% | 0.05% | +0.01 |
| CVX Chevron Corp. | Add +0.7% | 0.48% | +0.01 |
| ARLO Arlo Technologies Inc. | Add +9.0% | 0.44% | +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 |