DaveManuel.com · Institutional Ownership · 13F Holdings

HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC

Reported holdings as of Q3 2026, from 32 quarterly filings.

CIK

1380137

Reported value

$859.8M

Positions

304

Top 10 weight

35.3%

Filed

2026-10-26

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
GOLDMAN SACHS ETF TR	GSLC	$53.1M	366,326	6.18%	+0.25pp	26q	+1.1%+$569.7K
APPLE INC	AAPL	$47.9M	143,787	5.57%	+0.76pp	32q	HELD
MICROSOFT CORP	MSFT	$43.0M	83,909	5.01%	+1.36pp	32q	-1.2%-$507.9K
INVESCO EXCH TRADED FD TR II	QQQM	$28.5M	93,603	3.32%	+0.11pp	18q	+1.8%+$505.7K
FIDELITY MERRIMACK STR TR	FBND	$24.7M	569,828	2.87%	-0.61pp	15q	-14.2%-$4.1M
ISHARES TR	ISTB	$24.5M	519,721	2.85%	+0.08pp	18q	+4.0%+$938.3K
WISDOMTREE TR	IHDG	$21.5M	414,748	2.50%	flat	18q	HELD
AMGEN INC	AMGN	$21.1M	50,021	2.45%	+0.35pp	32q	-0.6%-$123.1K
INVESCO EXCHANGE TRADED FD T	XMHQ	$20.5M	183,577	2.38%	+0.09pp	12q	+4.3%+$834.6K
SCHWAB STRATEGIC TR	SCHD	$18.9M	579,943	2.19%	+0.15pp	18q	+3.5%+$633.1K
CAPITAL GROUP DIVIDEND VALUE	CGDV	$16.9M	346,359	1.97%	+0.29pp	13q	+16.8%+$2.4M
CAPITAL GRP FIXED INCM ETF T	CGMU	$15.9M	613,051	1.85%	+0.01pp	6q	+5.3%+$798.5K
BROADCOM INC	AVGO	$15.2M	43,355	1.77%	-0.33pp	27q	-10.0%-$1.7M
JOHNSON & JOHNSON	JNJ	$12.4M	46,714	1.44%	+0.07pp	32q	HELD
CISCO SYS INC	CSCO	$12.2M	113,453	1.42%	-0.15pp	32q	-2.5%-$318.7K
APPLIED DIGITAL CORP	APLD	$11.4M	466,201	1.32%	-0.64pp	14q	+1.8%+$204.0K
J P MORGAN EXCHANGE TRADED F	JEPI	$10.0M	178,116	1.16%	+0.08pp	18q	+7.1%+$659.8K
CORNING INC	GLW	$10.0M	64,795	1.16%	-0.77pp	32q	-1.1%-$112.1K
RESMED INC	RMD	$8.9M	40,397	1.04%	+0.12pp	32q	-1.2%-$108.2K
PRICE T ROWE GROUP INC	TROW	$8.7M	83,394	1.01%	-0.07pp	32q	+1.7%+$142.1K
PROCTER & GAMBLE CO	PG	$7.8M	53,525	0.90%	flat	32q	HELD
EXXONMOBIL HOLDINGS CORP	XOM	$7.5M	46,364	0.88%	-	new	NEW
THERMO FISHER SCIENTIFIC INC	TMO	$7.3M	10,854	0.85%	+0.22pp	32q	-0.6%-$43.9K
SAIA INC	SAIA	$7.3M	22,024	0.85%	-0.21pp	15q	HELD
J P MORGAN EXCHANGE TRADED F	JIVE	$7.2M	75,294	0.83%	+0.10pp	3q	+9.2%+$602.4K
ELI LILLY & CO	LLY	$7.0M	6,048	0.81%	-0.02pp	32q	HELD
VISA INC	V	$6.8M	18,910	0.79%	+0.04pp	32q	HELD
LINDBLAD EXPEDITIONS HLDGS ICOM	LIND	$6.8M	214,840	0.79%	+0.06pp	28q	-3.2%-$226.3K
ALPHABET INC	GOOG	$6.4M	18,862	0.75%	-0.03pp	32q	-1.4%-$88.9K
HYATT HOTELS CORP	H	$6.2M	38,865	0.72%	-0.14pp	15q	+1.4%+$82.6K
ABBVIE INC	ABBV	$6.1M	23,488	0.71%	+0.04pp	32q	+1.3%+$80.3K
INTEL CORP	INTC	$6.0M	50,257	0.70%	-0.14pp	32q	-3.6%-$223.2K
CAPITAL GRP FIXED INCM ETF T	CGCP	$5.9M	277,491	0.68%	+0.02pp	10q	+7.6%+$413.6K
EXPEDIA GROUP INC	EXPE	$5.7M	21,568	0.66%	+0.02pp	15q	HELD
PHILIP MORRIS INTL INC	PM	$5.7M	29,683	0.66%	+0.04pp	18q	+0.7%+$39.5K
CHEVRON CORPORATION	CVX	$5.2M	25,510	0.61%	+0.16pp	18q	+10.0%+$474.7K
PEPSICO INC	PEP	$5.2M	41,023	0.60%	-0.05pp	32q	-2.2%-$116.1K
LABCORP HOLDINGS INC	LH	$5.1M	16,556	0.59%	+0.06pp	10q	+0.9%+$43.1K
ARLO TECHNOLOGIES INC	ARLO	$5.0M	402,441	0.58%	-0.04pp	6q	+1.0%+$48.6K
Jones Lang LaSalle, Inc.	JLL	$4.8M	15,885	0.56%	+0.02pp	11q	+4.5%+$207.0K
RBB FD INC F/M EMERALD	SPIT	$4.7M	153,014	0.55%	-0.07pp	4q	HELD
FEDEX CORP	FDX	$4.7M	16,276	0.54%	-0.02pp	15q	+4.2%+$187.0K
SHIFT4 PMTS INC	FOUR	$4.6M	128,620	0.54%	-0.20pp	13q	-2.2%-$102.8K
ELECTROMED INC	ELMD	$4.4M	157,278	0.52%	-0.24pp	23q	+0.9%+$39.5K
INTERNATIONAL BUSINESS MACHS	IBM	$4.3M	19,655	0.50%	-0.08pp	32q	+9.2%+$362.4K
JABIL INC	JBL	$4.2M	14,808	0.49%	-0.15pp	18q	+1.9%+$80.0K
COMFORT SYS USA INC	FIX	$4.2M	2,558	0.49%	-0.14pp	24q	-7.4%-$335.8K
NXP SEMICONDUCTORS N V	NXPI	$4.2M	17,608	0.49%	-0.08pp	32q	HELD
ACCENTURE PLC IRELAND	ACN	$3.9M	21,500	0.46%	+0.15pp	32q	-1.2%-$48.5K
M-TRON INDS INC	MPTI	$3.8M	48,365	0.44%	-0.09pp	2q	+3.3%+$122.3K
TEXAS PACIFIC LAND CORPORATI	TPL	$3.6M	11,011	0.42%	-0.14pp	23q	HELD
BABCOCK & WILCOX ENTERPRISES	BW	$3.6M	613,170	0.42%	-0.15pp	3q	+75.5%+$1.5M
NVIDIA CORPORATION	NVDA	$3.5M	15,500	0.41%	+0.07pp	16q	+5.8%+$194.2K
MORGAN STANLEY	MS	$3.5M	18,761	0.41%	-0.04pp	23q	+1.2%+$43.4K
VISHAY PRECISION GROUP INC	VPG	$3.5M	47,733	0.40%	-0.39pp	4q	+3.7%+$123.6K
JPMORGAN CHASE & CO	JPM	$3.4M	10,177	0.39%	+0.01pp	32q	HELD
GENUINE PARTS CO	GPC	$3.3M	26,107	0.38%	+0.04pp	21q	+4.4%+$137.4K
ALTRIA GROUP INC	MO	$3.1M	45,833	0.36%	-0.03pp	32q	-1.0%-$32.4K
ISHARES TR	IAGG	$3.1M	62,082	0.36%	flat	15q	+1.6%+$49.2K
AMAZON COM INC	AMZN	$3.0M	12,227	0.35%	+0.02pp	32q	+1.3%+$38.9K
GOLDMAN SACHS ETF TR	GBIL	$3.0M	30,438	0.35%	-0.01pp	7q	-3.8%-$119.1K
VANGUARD SCOTTSDALE FDS	VGIT	$3.0M	52,969	0.35%	-0.01pp	15q	HELD
PALOMAR HLDGS INC	PLMR	$2.9M	23,889	0.34%	-0.01pp	15q	HELD
RBB FD INC	LFSC	$2.9M	65,368	0.34%	+0.04pp	8q	+13.2%+$340.7K
ALPHABET INC	GOOGL	$2.9M	8,351	0.33%	-0.01pp	32q	HELD
PFIZER INC	PFE	$2.8M	99,634	0.33%	+0.04pp	32q	-5.0%-$148.5K
GE AEROSPACE	GE	$2.8M	8,836	0.32%	-0.06pp	18q	HELD
MCDONALDS CORP	MCD	$2.7M	11,813	0.32%	+0.02pp	32q	+22.5%+$503.1K
SNAP ON INC	SNA	$2.6M	7,288	0.31%	flat	15q	+8.1%+$197.9K
PNC FINL SVCS GROUP INC	PNC	$2.6M	11,835	0.31%	-0.03pp	32q	HELD
FIDELITY NATL FINL INC	FNF	$2.6M	67,170	0.30%	-0.05pp	25q	+4.5%+$111.0K
SYNOPSYS INC	SNPS	$2.6M	5,933	0.30%	-0.01pp	5q	-2.2%-$57.8K
RTX CORPORATION	RTX	$2.6M	13,876	0.30%	-0.01pp	18q	-1.0%-$26.7K
BERKSHIRE HATHAWAY INC DEL	BRKB	$2.5M	5,083	0.29%	+0.01pp	32q	+3.1%+$77.2K
ISHARES TR	SGOV	$2.5M	25,050	0.29%	+0.05pp	11q	+19.7%+$417.0K
DIGITAL RLTY TR INC	DLR	$2.5M	14,359	0.29%	+0.01pp	32q	+3.6%+$87.8K
ABBOTT LABORATORIES	ABT	$2.5M	25,388	0.29%	+0.03pp	32q	HELD
SOUTHERN COPPER CORP	SCCO	$2.5M	12,180	0.29%	+0.07pp	18q	+10.3%+$230.2K
MAYVILLE ENGR CO INC	MEC	$2.5M	164,045	0.29%	-0.18pp	2q	+52.6%+$849.2K
LOCKHEED MARTIN CORP	LMT	$2.5M	4,784	0.29%	+0.02pp	25q	+6.9%+$159.0K
AMPHENOL CORP	APH	$2.4M	28,730	0.28%	-0.02pp	15q	-3.5%-$88.7K
RELIANCE INC	RS	$2.3M	5,934	0.27%	-0.01pp	15q	-6.6%-$161.9K
WATSCO INC	WSO	$2.3M	7,461	0.26%	+0.03pp	31q	+56.9%+$817.9K
CAPITAL GROUP GROWTH ETF	CGGR	$2.2M	47,049	0.26%	+0.05pp	13q	+23.1%+$418.3K
MONDELEZ INTL INC	MDLZ	$2.2M	37,978	0.26%	+0.01pp	21q	+2.8%+$59.7K
GOLDMAN SACHS GROUP INC	GS	$2.2M	2,421	0.26%	-0.01pp	9q	+5.0%+$104.4K
KNIFE RIVER CORP	KNF	$2.2M	43,431	0.26%	-0.13pp	6q	+7.7%+$155.9K
VANGUARD INDEX FDS	VB	$2.2M	7,708	0.25%	-0.01pp	16q	+1.0%+$21.6K
SMUCKER J M CO	SJM	$2.2M	18,386	0.25%	+0.03pp	15q	+5.8%+$119.8K
STRYKER CORPORATION	SYK	$2.2M	7,831	0.25%	-0.04pp	32q	-1.0%-$22.0K
TRIMBLE INC	TRMB	$2.1M	37,491	0.25%	+0.01pp	15q	-8.5%-$197.5K
FIRST AMERN FINL CORP	FAF	$2.1M	34,812	0.25%	-0.04pp	18q	-4.9%-$109.9K
WASTE MGMT INC DEL	WM	$2.1M	10,354	0.25%	-0.02pp	32q	+1.5%+$30.4K
CATERPILLAR INC	CAT	$2.0M	2,471	0.23%	-0.05pp	18q	+8.8%+$161.3K
META PLATFORMS INC	META	$2.0M	2,755	0.23%	+0.06pp	18q	+2.2%+$42.1K
TAKE-TWO INTERACTIVE SOFTWAR	TTWO	$2.0M	9,546	0.23%	-0.05pp	15q	-2.0%-$39.4K
MERCK & CO INC	MRK	$2.0M	13,544	0.23%	+0.03pp	32q	-1.1%-$21.4K
DMC GLOBAL INC	BOOM	$1.9M	347,235	0.23%	flat	32q	+4.0%+$74.6K
OLD DOMINION FREIGHT LINE IN	ODFL	$1.9M	11,070	0.22%	-0.07pp	15q	-6.4%-$131.7K
PPG INDS INC	PPG	$1.9M	17,947	0.22%	-0.03pp	32q	+1.6%+$28.6K
OMEGA FLEX INC	OFLX	$1.9M	73,553	0.22%	-0.05pp	32q	HELD
ISHARES TR	IMCG	$1.9M	19,850	0.22%	-0.01pp	17q	-1.4%-$26.6K
FIRST WATCH RESTAURANT GROUP	FWRG	$1.8M	179,430	0.21%	-0.04pp	3q	+4.3%+$75.8K
AMERICAN EXPRESS CO	AXP	$1.8M	5,964	0.21%	+0.02pp	32q	+23.7%+$347.2K
VANGUARD INDEX FDS	VXF	$1.8M	7,724	0.21%	-0.01pp	26q	-1.6%-$29.0K
SPDR SERIES TRUST	SHM	$1.8M	38,299	0.21%	-0.03pp	26q	-12.6%-$256.5K
AUTOMATIC DATA PROCESSING IN	ADP	$1.8M	6,782	0.20%	+0.03pp	32q	-0.6%-$10.3K
PHILLIPS 66	PSX	$1.7M	6,768	0.20%	+0.07pp	18q	-1.8%-$32.0K
FISERV INC	FISV	$1.7M	37,190	0.20%	-0.01pp	32q	HELD
AUTOZONE INC	AZO	$1.6M	565	0.19%	-0.03pp	15q	-4.9%-$82.3K
GILEAD SCIENCES INC	GILD	$1.6M	10,615	0.18%	flat	32q	-16.0%-$301.6K
CBRE GROUP INC	CBRE	$1.6M	12,296	0.18%	-0.01pp	11q	-2.7%-$44.1K
ORACLE CORP	ORCL	$1.6M	11,438	0.18%	-0.01pp	32q	+0.6%+$9.6K
RYMAN HOSPITALITY PPTYS INC	RHP	$1.6M	13,076	0.18%	flat	7q	+5.8%+$86.1K
GE VERNOVA INC	GEV	$1.5M	1,608	0.18%	-0.04pp	10q	-0.6%-$9.5K
NEXTERA ENERGY INC	NEE	$1.5M	19,409	0.17%	-0.02pp	21q	+4.6%+$64.6K
DELL TECHNOLOGIES INC	DELL	$1.5M	2,713	0.17%	+0.04pp	13q	+0.9%+$13.5K
BANK OF NY MELLON CORP	BNY	$1.5M	10,090	0.17%	flat	18q	-2.2%-$32.6K
ISHARES GOLD TRUST MICRO	IAUM	$1.4M	33,534	0.16%	+0.01pp	7q	HELD
NASDAQ INC	NDAQ	$1.4M	15,076	0.16%	+0.02pp	18q	HELD
GLOBAL X FDS	QYLD	$1.4M	73,179	0.16%	flat	18q	-3.3%-$45.8K
STATE STR CORP	STT	$1.3M	7,562	0.15%	+0.01pp	32q	HELD
MARATHON PETE CORP	MPC	$1.3M	3,334	0.15%	+0.06pp	18q	+6.0%+$74.3K
TEXAS INSTRS INC	TXN	$1.3M	4,617	0.15%	+0.03pp	18q	+27.4%+$277.9K
MICRON TECHNOLOGY INC	MU	$1.3M	1,179	0.15%	-0.02pp	6q	-4.1%-$53.2K
DEERE CO	DE	$1.3M	1,862	0.15%	+0.01pp	18q	HELD
ISHARES TR	IGSB	$1.2M	23,204	0.14%	-0.03pp	26q	-18.3%-$266.2K
AMRIZE LTD	AMRZ	$1.2M	31,425	0.14%	-0.01pp	5q	+35.0%+$303.7K
BRUNSWICK CORP	BC	$1.2M	18,083	0.14%	-0.03pp	15q	+8.0%+$85.8K
TARGET CORP	TGT	$1.2M	7,415	0.13%	-	new	NEW
WALMART INC	WMT	$1.1M	11,018	0.13%	-0.01pp	18q	HELD
CAPITAL GROUP DIVIDEND GROWE	CGDG	$1.1M	30,464	0.13%	+0.05pp	3q	+61.9%+$430.8K
ISHARES TR	IWV	$1.1M	2,575	0.13%	flat	7q	-1.9%-$21.6K
ISHARES TR	MUB	$1.1M	10,973	0.13%	+0.10pp	3q	+324.5%+$847.0K
EQT Corp	EQT	$1.1M	22,652	0.13%	-0.01pp	18q	HELD
WILLIS TOWERS WATSON PLC LTD	WTW	$1.1M	3,810	0.13%	+0.01pp	32q	HELD
WILLIAMS SONOMA INC	WSM	$1.1M	4,736	0.13%	flat	15q	-2.4%-$26.8K
ASTRONICS CORP	ATRO	$1.1M	15,975	0.13%	-0.02pp	32q	HELD
CARRIER GLOBAL CORPORATION	CARR	$1.1M	19,630	0.12%	-0.05pp	18q	-2.5%-$27.3K
BOEING CO	BA	$1.1M	5,696	0.12%	+0.01pp	11q	+21.6%+$188.1K
ISHARES TR	IVV	$1.1M	1,378	0.12%	flat	13q	-1.8%-$19.1K
FLEX LTD	FLEX	$1.0M	9,295	0.12%	-0.06pp	18q	-2.9%-$30.4K
AFLAC INC	AFL	$1.0M	9,010	0.12%	flat	32q	HELD
COCA COLA CO	KO	$1.0M	11,683	0.12%	+0.01pp	32q	HELD
BRISTOL-MYERS SQUIBB CO	BMY	$983.0K	15,804	0.11%	+0.01pp	32q	HELD
UNITED PARCEL SVCS INC	UPS	$967.0K	10,338	0.11%	-0.02pp	32q	HELD
REPUBLIC SVCS INC	RSG	$965.0K	4,604	0.11%	flat	25q	HELD
CAPITAL GRP FIXED INCM ETF T	CGCB	$954.0K	38,245	0.11%	+0.07pp	6q	+152.4%+$576.0K
CHURCHILL DOWNS INC	CHDN	$927.0K	12,218	0.11%	-0.03pp	15q	-7.7%-$77.5K
VANGUARD INDEX FDS	VOO	$921.0K	1,312	0.11%	+0.02pp	6q	+24.4%+$180.4K
TETRA TECH INC NEW	TTEK	$918.0K	27,988	0.11%	+0.01pp	14q	-5.0%-$48.0K
FIRSTENERGY CORP	FE	$917.0K	21,165	0.11%	-0.01pp	2q	-2.5%-$23.2K
MARTIN MARIETTA MATLS INC	MLM	$903.0K	1,902	0.11%	-0.03pp	7q	-5.3%-$50.8K
COSTCO WHOLESALE CORPORATION	COST	$898.0K	987	0.10%	-0.01pp	31q	-5.4%-$51.0K
SYSCO CORP	SYY	$884.0K	11,320	0.10%	-0.01pp	32q	HELD
UNION PAC CORP	UNP	$879.0K	3,235	0.10%	+0.05pp	20q	+98.1%+$435.3K
CANADIAN PACIFIC KANSAS CITY	CP	$854.0K	9,982	0.10%	flat	11q	HELD
PALO ALTO NETWORKS INC	PANW	$847.0K	2,130	0.10%	+0.01pp	3q	-1.0%-$8.7K
MARKEL GROUP INC	MKL	$830.0K	485	0.10%	-0.03pp	11q	-12.9%-$123.2K
ISHARES TR	SHY	$822.0K	10,117	0.10%	flat	3q	HELD
SHELL PLC	SHEL	$821.0K	8,641	0.10%	+0.01pp	19q	-6.7%-$58.5K
QUALCOMM INC	QCOM	$820.0K	4,464	0.10%	+0.05pp	2q	+109.0%+$427.6K
ISHARES TR	SHYG	$810.0K	19,552	0.09%	flat	15q	+1.9%+$15.0K
CAPITAL GROUP CORE EQUITY ET	CGUS	$796.0K	17,878	0.09%	+0.01pp	18q	+15.0%+$103.7K
BROWN BROWN INC	BRO	$785.0K	12,939	0.09%	+0.02pp	24q	+41.6%+$230.5K
HOME DEPOT INC	HD	$771.0K	2,706	0.09%	-0.02pp	18q	HELD
PACCAR INC	PCAR	$771.0K	7,025	0.09%	-0.01pp	20q	HELD
FEDEX FGHT HLDG CO INC	FDXF	$759.0K	6,879	0.09%	-0.04pp	2q	-7.8%-$64.3K
FREEPORT-MCMORAN INC	FCX	$754.0K	10,768	0.09%	+0.01pp	7q	HELD
DISNEY WALT CO	DIS	$750.0K	7,182	0.09%	-0.01pp	32q	-16.4%-$146.8K
CLEVELAND-CLIFFS INC NEW	CLF	$749.0K	68,000	0.09%	+0.01pp	14q	HELD
COLGATE PALMOLIVE CO	CL	$741.0K	8,694	0.09%	-0.01pp	32q	HELD
ATI INC	ATI	$731.0K	3,850	0.09%	-0.01pp	5q	-4.9%-$38.0K
NOVO-NORDISK A S	NVO	$731.0K	19,383	0.09%	-0.02pp	32q	-2.6%-$19.5K
FIRST TR EXCHANGE-TRADED FD	GRID	$728.0K	4,101	0.08%	+0.03pp	3q	+57.2%+$265.0K
CENCORA INC	COR	$721.0K	2,400	0.08%	+0.03pp	18q	+42.0%+$213.3K
GLOBAL X FDS	PAVE	$715.0K	13,596	0.08%	+0.02pp	3q	+56.1%+$257.1K
ADVANCED MICRO DEVICES INC	AMD	$713.0K	1,163	0.08%	flat	2q	-2.4%-$17.8K
OTIS WORLDWIDE CORP	OTIS	$703.0K	10,958	0.08%	-0.01pp	4q	-5.3%-$39.5K
F N B CORP	FNB	$699.0K	40,600	0.08%	-0.01pp	32q	HELD
STATE STR SPDR S&P 500 ETF T	SPY	$688.0K	902	0.08%	+0.01pp	5q	+12.5%+$76.3K
3M CO	MMM	$668.0K	4,066	0.08%	flat	32q	-6.3%-$45.2K
MCKESSON CORP	MCK	$666.0K	781	0.08%	+0.01pp	18q	-1.3%-$8.5K
VANGUARD SPECIALIZED FUNDS	VIG	$666.0K	2,860	0.08%	flat	26q	HELD
QUEST DIAGNOSTICS INC	DGX	$658.0K	2,822	0.08%	+0.01pp	21q	HELD
SPDR GOLD TR	GLD	$655.0K	1,718	0.08%	+0.01pp	3q	+15.8%+$89.2K
ROCKWELL AUTOMATION INC	ROK	$649.0K	1,491	0.08%	-0.01pp	31q	HELD
Rio Tinto PLC	RIO	$618.0K	6,550	0.07%	flat	20q	HELD
ISHARES TR	IWR	$613.0K	5,749	0.07%	flat	18q	-1.1%-$6.8K
FIRST TR EXCHANGE-TRADED FD	AIRR	$609.0K	5,881	0.07%	+0.02pp	2q	+63.0%+$235.3K
BIOGEN INC	BIIB	$608.0K	2,686	0.07%	flat	10q	-7.4%-$48.7K
CRH PLC	CRH	$600.0K	7,243	0.07%	-0.02pp	13q	HELD
VANGUARD MUN BD FDS	VTEB	$592.0K	12,472	0.07%	flat	16q	HELD
FIDELITY NATL INFORMATION SV	FIS	$589.0K	17,942	0.07%	-0.01pp	32q	-1.4%-$8.2K
KIMBERLY CLARK CORP	KMB	$586.0K	6,037	0.07%	-0.01pp	32q	HELD
THORNBURG INCM BUILDER OPP T	TBLD	$581.0K	28,600	0.07%	flat	12q	+7.7%+$41.6K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$565.0K	1,238	0.07%	-0.01pp	6q	-3.9%-$22.8K
CAPITAL ONE FINL CORP	COF	$564.0K	2,923	0.07%	flat	6q	HELD
STERLING CAP FDS	SCEC	$550.0K	23,167	0.06%	-	new	NEW
MAMAS CREATIONS INC	MAMA	$546.0K	42,365	0.06%	-0.02pp	2q	HELD
ILLINOIS TOOL WKS INC	ITW	$539.0K	2,096	0.06%	flat	18q	HELD
MP MATERIALS CORP	MP	$534.0K	11,300	0.06%	+0.01pp	2q	+28.4%+$118.1K
ISHARES TR	SUB	$523.0K	5,000	0.06%	flat	13q	HELD
CAPITAL GROUP CONSERVATIVE E	CGCV	$517.0K	16,120	0.06%	+0.04pp	2q	+151.3%+$311.3K
HONEYWELL INTL INC	HON	$517.0K	2,448	0.06%	flat	2q	HELD
VANGUARD SCOTTSDALE FDS	VCIT	$511.0K	6,529	0.06%	flat	3q	+0.6%+$3.2K
CONOCOPHILLIPS	COP	$501.0K	3,982	0.06%	+0.01pp	24q	HELD
HUNTINGTON BANCSHARES INC	HBAN	$500.0K	32,705	0.06%	-0.01pp	15q	HELD
CAPITAL GROUP NEW GEOGRAPHY	CGNG	$497.0K	13,654	0.06%	flat	2q	+7.5%+$34.7K
L3HARRIS TECHNOLOGIES INC	LHX	$497.0K	2,099	0.06%	-0.02pp	29q	-4.5%-$23.4K
ISHARES SILVER TR	SLV	$495.0K	9,071	0.06%	flat	3q	HELD
FRANCO NEV CORP	FNV	$481.0K	2,025	0.06%	+0.01pp	32q	HELD
INVESCO QQQ TR	QQQ	$476.0K	643	0.06%	flat	7q	+1.9%+$8.9K
AT&T INC	T	$475.0K	19,474	0.06%	+0.01pp	18q	+1.5%+$7.2K
ISHARES TR	IEFA	$473.0K	4,896	0.06%	flat	8q	HELD
VERIZON COMMUNICATIONS INC	VZ	$470.0K	10,226	0.05%	flat	32q	-2.2%-$10.6K
KINDER MORGAN INC DEL	KMI	$461.0K	15,340	0.05%	flat	17q	HELD
TJX COS INC NEW	TJX	$457.0K	3,455	0.05%	-0.01pp	18q	-2.2%-$10.3K
HERSHEY CO	HSY	$453.0K	2,873	0.05%	+0.01pp	19q	+23.6%+$86.4K
ISHARES TR	XJH	$449.0K	9,200	0.05%	flat	4q	HELD
GOLDMAN SACHS ETF TR	JUST	$439.0K	4,030	0.05%	flat	7q	HELD
MASTERCARD INCORPORATED	MA	$434.0K	787	0.05%	flat	8q	+1.3%+$5.5K
VANGUARD SCOTTSDALE FDS	VCSH	$434.0K	5,621	0.05%	flat	26q	HELD
ELBIT SYS LTD	ESLT	$433.0K	648	0.05%	-0.02pp	18q	-13.4%-$66.8K
BLACKROCK ETF TRUST II	SHYM	$431.0K	20,164	0.05%	-	new	NEW
ROCKET LAB CORP	RKLB	$417.0K	5,970	0.05%	-0.02pp	3q	+5.3%+$21.0K
COHERENT CORP	COHR	$414.0K	1,440	0.05%	-	new	NEW
ISHARES TR	DGRO	$407.0K	5,400	0.05%	flat	26q	HELD
UNITEDHEALTH GROUP INC	UNH	$405.0K	1,104	0.05%	-0.01pp	32q	-5.6%-$23.8K
ISHARES TR	IWD	$404.0K	1,630	0.05%	flat	4q	HELD
UNILEVER PLC	UL	$401.0K	6,606	0.05%	flat	4q	HELD
MEDTRONIC PLC	MDT	$399.0K	4,598	0.05%	+0.01pp	32q	HELD
EA SERIES TRUST	CDIG	$396.0K	15,800	0.05%	flat	3q	+2.6%+$10.0K
INFUSYSTEM HLDGS INC	INFU	$395.0K	30,520	0.05%	-	new	NEW
KEYSIGHT TECHNOLOGIES INC	KEYS	$395.0K	1,085	0.05%	+0.02pp	3q	+42.8%+$118.3K
WELLTOWER INC	WELL	$393.0K	1,705	0.05%	flat	9q	HELD
HARRIS OAKMARK ETF TRUST	OAKM	$391.0K	13,300	0.05%	flat	3q	HELD
ISHARES TR	DVY	$390.0K	2,558	0.05%	flat	18q	HELD
INVESCO EXCHANGE TRADED FD T	RSP	$385.0K	1,852	0.04%	flat	4q	+4.5%+$16.6K
WELLS FARGO & CO	WFC	$384.0K	4,806	0.04%	flat	2q	HELD
HONEYWELL AEROSPACE INC	HONA	$381.0K	2,448	0.04%	-0.02pp	2q	HELD
PALANTIR TECHNOLOGIES INC	PLTR	$374.0K	2,003	0.04%	-	new	NEW
VALERO ENERGY CORP	VLO	$371.0K	958	0.04%	+0.01pp	3q	-0.5%-$1.9K
ASML HLDG NV	ASML	$368.0K	205	0.04%	flat	3q	+13.3%+$43.1K
BANK OF AMER CORP	BAC	$365.0K	6,695	0.04%	flat	12q	-0.6%-$2.3K
CAPITAL GRP FIXED INCM ETF T	CGSD	$359.0K	14,255	0.04%	-	new	NEW
ISHARES TR	IWF	$350.0K	2,800	0.04%	flat	4q	HELD
BOOKING HOLDINGS INC	BKNG	$334.0K	2,063	0.04%	flat	4q	+2.2%+$7.3K
MARVELL TECHNOLOGY INC	MRVL	$329.0K	1,246	0.04%	-	new	NEW
SCOTTS MIRACLE GRO CO	SMG	$325.0K	6,488	0.04%	-0.13pp	15q	-68.9%-$721.3K
FIRST SOLAR INC	FSLR	$324.0K	1,850	0.04%	-0.01pp	7q	+2.8%+$8.8K
CAPITAL GROUP INTL FOCUS EQT	CGXU	$322.0K	9,381	0.04%	-	new	NEW
BALL CORP	BALL	$315.0K	5,620	0.04%	-0.01pp	32q	-16.1%-$60.5K
RPM INTL INC	RPM	$315.0K	3,195	0.04%	flat	18q	+10.4%+$29.6K
STEEL DYNAMICS INC	STLD	$311.0K	1,400	0.04%	flat	5q	HELD
ANALOG DEVICES INC	ADI	$304.0K	766	0.04%	flat	3q	HELD
WILLIAMS COS INC	WMB	$303.0K	4,455	0.04%	flat	8q	HELD
CROWDSTRIKE HLDGS INC	CRWD	$301.0K	1,138	0.04%	+0.01pp	2q	+8.2%+$22.7K
SUNCOR ENERGY INC NEW	SU	$297.0K	4,375	0.03%	-	new	NEW
TESLA INC	TSLA	$296.0K	833	0.03%	-0.01pp	2q	HELD
AMERICAN WTR WKS CO INC NEW	AWK	$295.0K	2,268	0.03%	flat	18q	HELD
ARISTA NETWORKS INC	ANET	$295.0K	1,450	0.03%	-	new	NEW
EATON CORP PLC	ETN	$294.0K	683	0.03%	flat	11q	HELD
FLEXSHARES TR	QDF	$286.0K	3,163	0.03%	flat	11q	HELD
GENERAL DYNAMICS CORP	GD	$282.0K	850	0.03%	flat	11q	-3.2%-$9.3K
AON PLC	AON	$282.0K	1,020	0.03%	-	new	NEW
DANAHER CORP DEL	DHR	$280.0K	1,270	0.03%	flat	18q	HELD
MANNKIND CORP	MNKD	$279.0K	70,700	0.03%	flat	26q	HELD
ENTERPRISE PRODS PARTNERS L	EPD	$276.0K	7,806	0.03%	flat	9q	HELD
CROWN CASTLE INC	CCI	$271.0K	4,063	0.03%	flat	4q	+12.5%+$30.0K
THE CIGNA GROUP	CI	$268.0K	987	0.03%	flat	13q	HELD
CAPITAL GROUP EQUITY ETF TR	CGMM	$263.0K	8,513	0.03%	-	new	NEW
PG&E CORP	PCG	$263.0K	21,500	0.03%	-0.01pp	3q	HELD
Venture Global Inc	VG	$262.0K	20,700	0.03%	flat	2q	HELD
SPROTT FDS TR	URNM	$261.0K	5,500	0.03%	-	new	NEW
O'REILLY AUTOMOTIVE INC	ORLY	$250.0K	2,920	0.03%	flat	5q	HELD
AIR PRODUCTS AND CHEMICALS I	APD	$249.0K	892	0.03%	flat	21q	HELD
ELANCO ANIMAL HEALTH INC	ELAN	$249.0K	11,100	0.03%	flat	18q	-4.3%-$11.2K
ISHARES TR	EFA	$246.0K	2,375	0.03%	flat	2q	HELD
GLOBAL X FDS	CLIP	$245.0K	2,443	0.03%	flat	4q	HELD
TAPESTRY INC	TPR	$244.0K	2,121	0.03%	-0.01pp	6q	-0.8%-$2.1K
PRINCIPAL FINANCIAL GROUP IN	PFG	$241.0K	2,151	0.03%	flat	2q	+0.7%+$1.8K
YUM! BRANDS INC	YUM	$239.0K	1,754	0.03%	flat	16q	HELD
MORGAN STANLEY ETF TRUST	CVIE	$238.0K	2,861	0.03%	-	new	NEW
INVESCO EXCH TRADED FD TR II	QQMG	$235.0K	4,541	0.03%	flat	2q	HELD
GENERAL MILLS INC	GIS	$232.0K	7,303	0.03%	-0.01pp	32q	-24.6%-$75.7K
VANGUARD TAX-MANAGED FDS	VEA	$232.0K	3,290	0.03%	-	new	NEW
SHERWIN WILLIAMS CO	SHW	$230.0K	710	0.03%	flat	13q	HELD
ISHARES INC	IEMG	$229.0K	2,815	0.03%	flat	4q	HELD
APPLIED MATLS INC	AMAT	$228.0K	446	0.03%	-0.01pp	2q	-4.3%-$10.2K
PAYCHEX INC	PAYX	$217.0K	2,197	0.03%	flat	3q	+5.2%+$10.7K
EATON VANCE TAX ADVT DIV INC	EVT	$212.0K	7,550	0.02%	flat	2q	HELD
IRON MTN INC DEL	IRM	$212.0K	1,916	0.02%	flat	3q	HELD
SPDR SERIES TRUST	SPTM	$212.0K	2,342	0.02%	flat	4q	-7.1%-$16.3K
CUMMINS INC	CMI	$210.0K	405	0.02%	-	new	NEW
FARMERS NATIONAL BANC CORP	FMNB	$210.0K	13,898	0.02%	flat	15q	HELD
MUELLER WTR PRODS INC	MWA	$210.0K	9,900	0.02%	-0.01pp	2q	HELD
CONSOLIDATED EDISON INC	ED	$204.0K	2,000	0.02%	flat	3q	HELD
CITIGROUP INC	C	$203.0K	1,564	0.02%	flat	2q	-1.8%-$3.6K
PLUG PWR INC	PLUG	$175.0K	90,000	0.02%	-0.01pp	2q	HELD
TRINITY BIOTECH PLC SPONSORED ADR AUGUST 2025	TRIB	$154.0K	24,637	0.02%	-	new	NEW
URANIUM RTY CORP	UROY	$61.0K	14,998	0.01%	-	new	NEW
TRANSOCEAN LTD	RIG	$60.0K	11,371	0.01%	flat	3q	-41.7%-$42.9K
GOLD ROYALTY CORP	GROY	$43.0K	14,478	0.01%	flat	3q	HELD

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Software & IT Services	$74.3M	8.6%
Computer Hardware	$67.0M	7.8%
Biotech & Pharma	$58.5M	6.8%
Semiconductors & Electronics	$54.9M	6.4%
Business Services	$30.4M	3.5%
Transport & Logistics	$30.1M	3.5%
Mining & Metals	$21.7M	2.5%
Food, Drink & Tobacco	$20.6M	2.4%
Energy	$20.3M	2.4%
Industrials	$18.6M	2.2%
Capital Markets	$18.4M	2.1%
Medical Devices	$17.0M	2.0%
Other sectors	$125.1M	14.6%
Not classified	$303.0M	35.2%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q3 2026	-2.9%	+2.1%	-5.0%	99%
Q2 2026	+12.7%	+14.8%	-2.2%	100%
Q1 2026	-2.1%	-4.6%	+2.5%	99%
Q4 2025	+1.1%	+2.4%	-1.3%	100%
Q3 2025	+5.8%	+7.8%	-2.1%	100%
Q2 2025	+4.3%	+10.5%	-6.1%	100%
Q1 2025	-2.6%	-4.6%	+2.0%	100%
Q4 2024	-0.3%	+2.1%	-2.5%	100%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$859.8M	304	20	100	83	10	35.3%	26
Q2 2026	$868.3M	294	25	96	97	5	32.8%	23
Q1 2026	$755.9M	274	33	100	72	8	34.3%	27
Q4 2025	$748.0M	249	13	79	76	20	36.2%	21
Q3 2025	$719.4M	256	10	83	78	5	35.6%	30
Q2 2025	$674.1M	251	14	71	91	10	35.2%	36
Q1 2025	$648.0M	247	14	64	90	21	35.3%	30
Q4 2024	$656.7M	254	11	105	74	14	35.6%	23
Q3 2024	$645.7M	257	12	85	59	7	34.5%	24
Q2 2024	$594.9M	252	7	78	79	14	34.6%	32
Q1 2024	$594.6M	259	18	85	61	17	31.5%	31
Q4 2023	$546.3M	258	13	77	83	5	31.5%	31
Q3 2023	$492.1M	250	14	111	56	13	30.9%	40
Q2 2023	$511.6M	249	6	71	91	13	31.7%	34
Q1 2023	$467.1M	256	36	56	101	11	30.2%	32
Q4 2022	$415.1M	231	18	49	90	9	30.6%	32
Q3 2022	$386.2M	222	7	65	47	11	32.0%	33
Q2 2022	$405.2M	226	87	99	31	6	32.1%	41
Q1 2022	$310.6M	145	3	15	40	13	46.5%	26
Q4 2021	$349.6M	155	15	32	30	8	46.9%	27
Q3 2021	$311.2M	148	16	24	21	7	45.9%	43
Q2 2021	$321.2M	139	8	33	92	73	47.3%	36
Q1 2021	$432.5M	204	15	65	50	9	35.7%	40
Q4 2020	$406.6M	198	26	56	59	11	36.5%	29
Q3 2020	$359.8M	183	15	34	61	9	37.9%	41
Q2 2020	$336.5M	177	34	43	33	9	36.8%	44
Q1 2020	$258.1M	152	9	51	38	27	38.1%	41
Q4 2019	$322.1M	170	19	51	58	10	36.6%	38
Q3 2019	$290.9M	161	6	35	48	8	35.9%	39
Q2 2019	$290.7M	163	10	31	50	8	36.5%	39
Q1 2019	$285.6M	161	12	44	39	3	35.7%	40
Q4 2018	$245.8M	152	0	0	0	0	36.4%	42

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.