Top Institutional Investors

HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC — 13F Holdings & Portfolio

CIK 1380137 · latest 13F-HR filed 2026-10-26

Backtest portfolio

HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC manages $859.8M in 13F-reported U.S. long-equity assets across 304 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are GSLC (6.18%), AAPL (5.57%), MSFT (5.01%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 20 new positions and exited 10; 78 existing positions rose in reported value and 115 fell.

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.

Loading holdings…
AUM
$859.8M

Long-equity book

Holdings
304

Distinct positions

Period
2026-09-30

Filed 2026-10-26

Q/Q Activity
+20 / −10 / ↑78 / ↓115

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
GSLC6.2% · +1%AAPL5.6% · -0%MSFT5.0% · -1%QQQM3.3% · +2%FBND2.9% · -14%ISTB2.9% · +4%IHDG2.5% · -0%AMGN2.5% · -1%XMHQ2.4% · +4%SCHD2.2% · +4%CGDV2.0% · +17%CGMU1.9% · +5%AVGO1.8% · -10%JNJ1.4% · +0%CSCO1.4% · -2%APLD1.3% · +2%JEPI1.2% · +7%GLW1.2% · -1%RMD1.0% · -1%TROW1.0% · +2%PG0.9% · +0%XOM0.9% · +3%TMO0.9% · -1%SAIA0.9% · +0%JIVE0.8% · +9%LLY0.8% · +0%V0.8% · +0%LIND0.8% · -3%GOOG0.7% · -1%H0.7% · +1%ABBV0.7% · +1%INTC0.7% · -4%CGCP0.7% · +8%EXPE0.7% · +0%PM0.7% · +1%CVX0.6% · +10%PEP0.6% · -2%LH0.6% · +1%ARLO0.6% · +1%JLL0.6% · +4%SPIT0.5% · +0%FDX0.5% · +4%FOUR0.5% · -2%ELMD0.5% · +1%IBM0.5% · +9%JBL0.5% · +2%FIX0.5% · -7%NXPI0.5% · +0%ACN0.5% · -1%MPTI0.4% · +3%TPL0.4% · -0%BW0.4% · +76%NVDA0.4% · +6%MS0.4% · +1%VPG0.4% · +4%JPM0.4% · -0%GPC0.4% · +4%MO0.4% · -1%IAGG0.4% · +2%AMZN0.4% · +1%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 35.3%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Jul 30, 2026.

Assets Under Management
$1.34B
Discretionary
$1.34B
Employees
14
Accounts
2,624
Address
436 SEVENTH AVENUE
KOPPERS BUILDING, 27TH FLOOR
PITTSBURGH, PA 15219-1818
Phone
(412) 471-4191
Website
Name Title / Status Ownership Type
CLARK, PATRICK JAMES ControlCCO
since Jul 2022
Less than 5%Individual
HUNTER ASSOCIATES HOLDINGS, LLC ControlMEMBER
since Jan 2016
75% or moreDomestic Entity
MARSHALL, BRADLEY JOHN ControlCFO, TREASURER, DIRECTOR
since Jul 1992
Less than 5%Individual
MCCULLOCH, ROBERT SPITTAL III ControlVICE PRESIDENT,DIRECTOR
since Jun 2011
Less than 5%Individual
SNYDER, ERICA LYNN ControlPRESIDENT,CEO,DIRECTOR
since Apr 2013
Less than 5%Individual
Ownership & leadership changes · 8 filings with changes since Nov 28, 2011

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 31, 2026 filing
  • No longer listedH.A. HOLDINGS, INC. · MEMBER · 25–50% · indirect via HUNTER ASSOCIATES HOLDINGS, LLC · control person · listed since Jan 2016
Sep 20, 2022 filing
  • AddedCLARK, PATRICK JAMES · CCO · Less than 5% · control person
  • ChangedMARSHALL, BRADLEY JOHN · title CFO, CCO, TREASURER, DIRECTOR → CFO, TREASURER, DIRECTOR
Mar 31, 2021 filing
  • No longer listedHUNTER, CROCK · PREFERENCE EQUITY MEMBER · 25–50% · listed since Jan 2016
  • No longer listedHUNTER, SUSAN ELIZABETH · PREFERENCE EQUITY MEMBER · 50–75% · listed since Jan 2016
  • ChangedHUNTER ASSOCIATES HOLDINGS, LLC · title COMMON EQUITY MEMBER → MEMBER
Mar 29, 2019 filing
  • No longer listedHUNTER, MARY CLARK · PREFERENCE EQUITY MEMBER · 25–50% · listed since Jan 2016
  • ChangedHUNTER, CROCK · ownership 10–25% → 25–50%
  • ChangedHUNTER, SUSAN ELIZABETH · ownership 25–50% → 50–75%
Jan 13, 2016 filing
  • No longer listedH.A. HOLDINGS, INC. · OWNER · 75% or more · listed since Jan 2000
  • No longer listedNIEDENBERGER, JOHN RAYMOND JR. · ASSISTANT VICE PRESIDENT · Less than 5% · listed since Jun 2013
  • AddedH.A. HOLDINGS, INC. · MEMBER · 25–50% · indirect via HUNTER ASSOCIATES HOLDINGS, LLC · control person
  • AddedHUNTER ASSOCIATES HOLDINGS, LLC · COMMON EQUITY MEMBER · 75% or more · control person
  • AddedHUNTER, CROCK · PREFERENCE EQUITY MEMBER · 10–25%
  • AddedHUNTER, MARY CLARK · PREFERENCE EQUITY MEMBER · 25–50%
  • AddedHUNTER, SUSAN ELIZABETH · PREFERENCE EQUITY MEMBER · 25–50%
Mar 31, 2014 filing
  • No longer listedHUNTER, DAVID WITTMER · PRINCIPAL, CHAIRMAN, DIRECTOR · 25–50% · indirect via H.A. HOLDINGS, INC. · control person · listed since Jul 1992
  • No longer listedHUNTER, DAVID WITTMER · CEO., PRESIDENT, CHAIRMAN, DIRECTOR · Less than 5% · control person · listed since Jul 1992
  • No longer listedHUNTER, MARY CLARK · OWNER · 25–50% · indirect via H.A. HOLDINGS, INC. · listed since Dec 1994
  • No longer listedMILLER, FREDERICK CLAY · ASSISTANT VICE PRESIDENT · Less than 5% · listed since Dec 2008
  • No longer listedSMATHERS, WINFIELD SCOTT IV · ASSISTANT VICE PRESIDENT · Less than 5% · listed since Nov 1997
  • AddedNIEDENBERGER, JOHN RAYMOND JR. · ASSISTANT VICE PRESIDENT · Less than 5%
  • ChangedMARSHALL, BRADLEY JOHN · title CFO., CCO., TREASURER, DIRECTOR → CFO, CCO, TREASURER, DIRECTOR; now a control person
  • ChangedMCCULLOCH, ROBERT SPITTAL III · now a control person
  • ChangedSNYDER, ERICA LYNN · title VICE PRESIDENT,DIRECTOR → PRESIDENT,CEO,DIRECTOR; now a control person
Apr 1, 2013 filing
  • AddedMCCULLOCH, ROBERT SPITTAL III · VICE PRESIDENT,DIRECTOR · Less than 5%
  • ChangedHUNTER, DAVID WITTMER · title PRESIDENT, CHAIRMAN, DIRECTOR, PRINCIPAL → CEO., PRESIDENT, CHAIRMAN, DIRECTOR
  • ChangedMARSHALL, BRADLEY JOHN · title CHIEF COMPLIANCE OFFICER, C.F.O., TREASURER, DIRECTOR → CFO., CCO., TREASURER, DIRECTOR
  • ChangedSNYDER, ERICA LYNN · title ASSISTANT VICE PRESIDENT → VICE PRESIDENT,DIRECTOR
Mar 30, 2012 filing
  • No longer listedHUNTER, CROCK · OWNER · General partner, trustee or manager · indirect via H.A. HOLDINGS, INC. · listed since Jul 1994
  • No longer listedHUNTER, PETER CLARK · OWNER · General partner, trustee or manager · indirect via H.A. HOLDINGS, INC. · listed since Jul 1994
  • No longer listedHUNTER, SUSAN ELIZABETH · OWNER · General partner, trustee or manager · indirect via H.A. HOLDINGS, INC. · listed since Jul 1994
  • ChangedHUNTER, DAVID WITTMER · indirect via H.A. HOLDINGS, INC.: ownership General partner, trustee or manager → 25–50%
  • ChangedHUNTER, DAVID WITTMER · ownership 10–25% → Less than 5%
  • ChangedHUNTER, MARY CLARK · indirect via H.A. HOLDINGS, INC.: ownership General partner, trustee or manager → 25–50%
  • ChangedMARSHALL, BRADLEY JOHN · ownership 5–10% → Less than 5%
  • ChangedSNYDER, ERICA LYNN · ownership 5–10% → Less than 5%
Nov 28, 2011 filing (earliest on record)
  • ListedH.A. HOLDINGS, INC. · OWNER · 75% or more
  • ListedHUNTER, CROCK · OWNER · General partner, trustee or manager · indirect via H.A. HOLDINGS, INC.
  • ListedHUNTER, DAVID WITTMER · PRINCIPAL, CHAIRMAN, DIRECTOR · General partner, trustee or manager · indirect via H.A. HOLDINGS, INC. · control person
  • ListedHUNTER, DAVID WITTMER · PRESIDENT, CHAIRMAN, DIRECTOR, PRINCIPAL · 10–25% · control person
  • ListedHUNTER, MARY CLARK · OWNER · General partner, trustee or manager · indirect via H.A. HOLDINGS, INC.
  • ListedHUNTER, PETER CLARK · OWNER · General partner, trustee or manager · indirect via H.A. HOLDINGS, INC.
  • ListedHUNTER, SUSAN ELIZABETH · OWNER · General partner, trustee or manager · indirect via H.A. HOLDINGS, INC.
  • ListedMARSHALL, BRADLEY JOHN · CHIEF COMPLIANCE OFFICER, C.F.O., TREASURER, DIRECTOR · 5–10%
  • ListedMILLER, FREDERICK CLAY · ASSISTANT VICE PRESIDENT · Less than 5%
  • ListedSMATHERS, WINFIELD SCOTT IV · ASSISTANT VICE PRESIDENT · Less than 5%
  • ListedSNYDER, ERICA LYNN · ASSISTANT VICE PRESIDENT · 5–10%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC Holdings (2026-09-30)

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 GOLDMAN SACHS ETF TR ACTIVEBETA U S LARGE CAP EQUITY ETF GSLC 381430503 $53.1M 6.18% 366,326 SH
2 APPLE AAPL 037833100 $47.9M 5.57% 143,787 SH
3 MICROSOFT CORP COM MSFT 594918104 $43.0M 5.01% 83,909 SH
4 INVESCO EXCHANGED TRADED FD TR II NASDAQ 100 ETF QQQM 46138G649 $28.5M 3.32% 93,603 SH
5 FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND 316188309 $24.7M 2.87% 569,828 SH
6 ISHARES TR CORE 1-5 YR USD BD ETF ISTB 46432F859 $24.5M 2.85% 519,721 SH
7 WISDOMTREE TR INTL HEDGED QUALITY DIVID GROWTH FD IHDG 97717X594 $21.5M 2.50% 414,748 SH
8 AMGEN INC COM AMGN 031162100 $21.1M 2.45% 50,021 SH
9 INVESCO EXCHANGE-TRADED FD TR S&P MIDCAP QUALITY ETF XMHQ 46137V472 $20.5M 2.38% 183,577 SH
10 SCHWAB STRATEGIC TR US DIVIDEND EQUITY ETF SCHD 808524797 $18.9M 2.19% 579,943 SH
11 CAPITAL GROUP DIVID VALUE ETF CGDV 14020W106 $16.9M 1.97% 346,359 SH
12 CAPITAL GROUP FIXED INCOME ETF TR MUN INCOME ETF CGMU 14020Y201 $15.9M 1.85% 613,051 SH
13 BROADCOM INC COM AVGO 11135F101 $15.2M 1.77% 43,355 SH
14 JOHNSON & JOHNSON COM JNJ 478160104 $12.4M 1.44% 46,714 SH
15 CISCO SYSTEMS INC CSCO 17275R102 $12.2M 1.42% 113,453 SH
16 APPLIED DIGITAL CORP COM NEW APLD 038169207 $11.4M 1.32% 466,201 SH
17 J P MORGAN EXCHANGE- TRADED FD TR EQUITY PREMIUM INCOME ETF JEPI 46641Q332 $10.0M 1.16% 178,116 SH
18 CORNING INC COM GLW 219350105 $10.0M 1.16% 64,795 SH
19 RESMED INC COM RMD 761152107 $8.9M 1.04% 40,397 SH
20 PRICE T ROWE GROUP INC COM TROW 74144T108 $8.7M 1.01% 83,394 SH
21 PROCTER & GAMBLE CO COM PG 742718109 $7.8M 0.90% 53,525 SH
22 EXXONMOBIL HLDGS CORP COM XOM 30233Q108 $7.5M 0.88% 46,364 SH
23 THERMO FISHER SCIENTIFIC INC TMO 883556102 $7.3M 0.85% 10,854 SH
24 SAIA INC COM SAIA 78709Y105 $7.3M 0.85% 22,024 SH
25 J P MORGAN EXCHANGE-TRADED FD TR JPMORGAN INTL VALUE ETF JIVE 46654Q757 $7.2M 0.83% 75,294 SH
26 LILLY ELI & CO COM LLY 532457108 $7.0M 0.81% 6,048 SH
27 VISA INC COM CL A V 92826C839 $6.8M 0.79% 18,910 SH
28 LINDBLAD EXPEDITIONS HLDGS INC COM LIND 535219109 $6.8M 0.79% 214,840 SH
29 ALPHABET INC CAP STK CL C GOOG 02079K107 $6.4M 0.75% 18,862 SH
30 HYATT HOTELS CORP COM CL A H 448579102 $6.2M 0.72% 38,865 SH
31 ABBVIE INC COM ABBV 00287Y109 $6.1M 0.71% 23,488 SH
32 INTEL CORP COM INTC 458140100 $6.0M 0.70% 50,257 SH
33 CAPITAL GROUP FIXED INCOME ETF TR CORE PLUS INCOME ETF CGCP 14020Y102 $5.9M 0.68% 277,491 SH
34 EXPEDIA GROUP INC COM NEW EXPE 30212P303 $5.7M 0.66% 21,568 SH
35 PHILIP MORRIS INTL INC COM PM 718172109 $5.7M 0.66% 29,683 SH
36 CHEVRON CORP NEW COM CVX 166764100 $5.2M 0.61% 25,510 SH
37 PEPSICO INC COM PEP 713448108 $5.2M 0.60% 41,023 SH
38 LABCORP HLDGS INC COM LH 504922105 $5.1M 0.59% 16,556 SH
39 ARLO TECHNOLOGIES INC COM ARLO 04206A101 $5.0M 0.58% 402,441 SH
40 JONES LANG LASALLE INC COM JLL 48020Q107 $4.8M 0.56% 15,885 SH
41 RBB FD INC F/M EMERALD SPL SITUATIONS ETF SPIT 74933W114 $4.7M 0.55% 153,014 SH
42 FEDEX CORP COM FDX 31428X106 $4.7M 0.54% 16,276 SH
43 SHIFT4 PMTS INC CL A FOUR 82452J109 $4.6M 0.54% 128,620 SH
44 ELECTROMED INC COM ELMD 285409108 $4.4M 0.52% 157,278 SH
45 INTERNATIONAL BUSINESS MACHS CORP COM IBM 459200101 $4.3M 0.50% 19,655 SH
46 JABIL INC COM JBL 466313103 $4.2M 0.49% 14,808 SH
47 COMFORT SYS USA INC COM FIX 199908104 $4.2M 0.49% 2,558 SH
48 NXP SEMICONDUCTORS NV COM NXPI N6596X109 $4.2M 0.49% 17,608 SH
49 ACCENTURE PLC IRELAND CLASS SHS ACN G1151C101 $3.9M 0.46% 21,500 SH
50 M-TRON INDS INC COM MPTI 55380K109 $3.8M 0.44% 48,365 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-26 $859.8M 304 0001380137-26-000006
2026-06-30 2026-07-23 $868.3M 294 0001380137-26-000004
2026-03-31 2026-04-27 $755.9M 274 0001380137-26-000003
2025-12-31 2026-01-21 $748.0M 249 0001380137-26-000001
Filer Information
Address
436 SEVENTH AVENUE
KOPPERS BUILDING 27TH FLOOR
PITTSBURGH, PA 15219
Phone
(412) 765-8927
Filing Manager
HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC
PITTSBURGH, PA
Signatory
Patrick Clark
CCO