CUTLER INVESTMENT COUNSEL LLC — 13F Holdings & Portfolio
CIK 1285973 · latest 13F-HR filed 2026-07-14
CUTLER INVESTMENT COUNSEL LLC manages $1.06B in 13F-reported U.S. long-equity assets across 157 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VO (4.96%), IEFA (4.52%), IGSB (4.35%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 14 new positions, exited 3, added to 87, and trimmed 23.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
JACKSONVILLE, OR 97530
$1.06B
Long-equity book
157
Distinct positions
2026-06-30
Filed 2026-07-14
+14 / −3 / ↑87 / ↓23
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CISCO SYS INC$8.5M +1655.6%
- ISHARES TR$6.4M +22.0%
- VANGUARD INDEX FDS$6.4M +13.9%
- CATERPILLAR INC$6.1M +22.9%
- TEXAS INSTRS INC$5.9M +54.1%
Top Trims
- NIKE INC-$5.5M -96.3%
- EXXON MOBIL CORP-$3.9M -19.1%
- KROGER CO-$3.0M -23.3%
- CHEVRON CORPORATION-$2.7M -19.6%
- WALMART INC-$2.5M -9.2%
New Positions
- DUPONT DE NEMOURS INC$4.2M
- DIMENSIONAL ETF TRUST$1.4M
- DIMENSIONAL ETF TRUST$424.0K
- DIMENSIONAL ETF TRUST$293.5K
- ADVANCED MICRO DEVICES INC$289.9K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | VO | 922908629 | $52.7M | 4.96% | 654,530 | SH |
| 2 | ISHARES TR | IEFA | 46432F842 | $48.1M | 4.52% | 497,532 | SH |
| 3 | ISHARES TR | IGSB | 464288646 | $46.2M | 4.35% | 881,726 | SH |
| 4 | SPDR INDEX SHS FDS | SPEM | 78463X509 | $41.9M | 3.94% | 808,417 | SH |
| 5 | J P MORGAN EXCHANGE TRADED F | JIRE | 46641Q134 | $39.6M | 3.73% | 480,390 | SH |
| 6 | ISHARES TR | IUSG | 464287671 | $35.6M | 3.35% | 189,385 | SH |
| 7 | CATERPILLAR INC | CAT | 149123101 | $32.9M | 3.10% | 30,925 | SH |
| 8 | ISHARES TR | IJR | 464287804 | $30.9M | 2.91% | 208,300 | SH |
| 9 | VANGUARD INDEX FDS | VUG | 922908736 | $30.6M | 2.88% | 355,675 | SH |
| 10 | SPDR SERIES TRUST | SPAB | 78464A649 | $29.6M | 2.79% | 1,160,764 | SH |
| 11 | ISHARES TR | GOVT | 46429B267 | $26.2M | 2.47% | 1,149,762 | SH |
| 12 | MICROSOFT CORP | MSFT | 594918104 | $25.1M | 2.36% | 67,261 | SH |
| 13 | WALMART INC | WMT | 931142103 | $24.6M | 2.31% | 217,092 | SH |
| 14 | RTX CORPORATION | RTX | 75513E101 | $21.9M | 2.06% | 115,223 | SH |
| 15 | DEERE & CO | DE | 244199105 | $20.5M | 1.93% | 32,312 | SH |
| 16 | SCHWAB CHARLES CORP | SCHW | 808513105 | $17.2M | 1.62% | 186,829 | SH |
| 17 | BLACKROCK INC | BLK | 09290D101 | $16.9M | 1.59% | 17,531 | SH |
| 18 | TEXAS INSTRS INC | TXN | 882508104 | $16.9M | 1.59% | 56,533 | SH |
| 19 | REPUBLIC SVCS INC | RSG | 760759100 | $16.5M | 1.55% | 77,512 | SH |
| 20 | EXXON MOBIL CORP | XOM | 30231G102 | $16.3M | 1.54% | 119,449 | SH |
| 21 | NEXTERA ENERGY INC | NEE | 65339F101 | $16.3M | 1.53% | 185,395 | SH |
| 22 | HOME DEPOT INC | HD | 437076102 | $16.2M | 1.53% | 46,023 | SH |
| 23 | CVS HEALTH CORP | CVS | 126650100 | $15.5M | 1.46% | 149,901 | SH |
| 24 | JPMORGAN CHASE & CO | JPM | 46625H100 | $14.9M | 1.41% | 45,620 | SH |
| 25 | SPDR SERIES TRUST | SPYM | 78464A854 | $13.8M | 1.30% | 157,363 | SH |
| 26 | MCDONALDS CORP | MCD | 580135101 | $13.6M | 1.28% | 50,409 | SH |
| 27 | INVESCO EXCHANGE TRADED FD T | RPG | 46137V266 | $13.1M | 1.23% | 204,690 | SH |
| 28 | JOHNSON & JOHNSON | JNJ | 478160104 | $12.7M | 1.20% | 50,046 | SH |
| 29 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $11.9M | 1.12% | 42,402 | SH |
| 30 | MERCK & CO INC | MRK | 58933Y105 | $11.4M | 1.07% | 87,765 | SH |
| 31 | CHEVRON CORPORATION | CVX | 166764100 | $10.9M | 1.03% | 66,008 | SH |
| 32 | PNC FINL SVCS GROUP INC | PNC | 693475105 | $10.8M | 1.02% | 44,011 | SH |
| 33 | ISHARES TR | IVV | 464287200 | $10.7M | 1.00% | 14,234 | SH |
| 34 | CARRIER GLOBAL CORPORATION | CARR | 14448C104 | $10.7M | 1.00% | 145,301 | SH |
| 35 | VERIZON COMMUNICATIONS INC | VZ | 92343V104 | $9.9M | 0.93% | 233,690 | SH |
| 36 | VANGUARD INTL EQUITY INDEX F | VSS | 922042718 | $9.9M | 0.93% | 63,978 | SH |
| 37 | KROGER CO | KR | 501044101 | $9.7M | 0.91% | 174,825 | SH |
| 38 | ISHARES TR | REET | 46434V647 | $9.5M | 0.89% | 344,085 | SH |
| 39 | M & T BK CORP | MTB | 55261F104 | $9.2M | 0.87% | 38,742 | SH |
| 40 | MEDTRONIC PLC | MDT | G5960L103 | $9.0M | 0.85% | 114,555 | SH |
| 41 | CISCO SYS INC | CSCO | 17275R102 | $9.0M | 0.85% | 76,816 | SH |
| 42 | VANECK ETF TRUST | EMLC | 92189H300 | $8.7M | 0.82% | 341,363 | SH |
| 43 | PROCTER & GAMBLE CO | PG | 742718109 | $8.7M | 0.82% | 59,169 | SH |
| 44 | SCHWAB STRATEGIC TR | SCHA | 808524607 | $7.9M | 0.74% | 218,995 | SH |
| 45 | VANGUARD BD INDEX FDS | BIV | 921937819 | $7.9M | 0.74% | 102,792 | SH |
| 46 | QNITY ELECTRONICS INC | Q | 74743L100 | $7.8M | 0.74% | 47,876 | SH |
| 47 | PEPSICO INC | PEP | 713448108 | $7.7M | 0.72% | 56,765 | SH |
| 48 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $7.7M | 0.72% | 107,554 | SH |
| 49 | VANGUARD INDEX FDS | VTV | 922908744 | $7.6M | 0.71% | 34,757 | SH |
| 50 | ISHARES TR | EFAV | 46429B689 | $7.0M | 0.66% | 80,264 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-14 | $1.06B | 157 | 0002085853-26-000715 |
| 2026-03-31 | 2026-05-07 | $971.1M | 146 | 0002085853-26-000576 |
| 2025-12-31 | 2026-02-12 | $961.3M | 144 | 0002085853-26-000254 |