Filed: 5/11/2023ACC: 0001285973-23-000003
📋 What this filing means
CUTLER INVESTMENT COUNSEL LLC filed this quarterly 13F‑HR report disclosing 128 equity positions with a total reported market value of $644.53M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
128
Positions
$644.53M
Total AUM (reported)
7.97M
Total Shares
Allocation by class
COM$359.05M55.7%
S&P500 PUR GWT$35.07M5.4%
ISHS 1-5YR INVS$30.90M4.8%
MID CAP ETF$22.52M3.5%
PORTFOLIO EMG MK$20.78M3.2%
CORE MSCI EAFE$18.28M2.8%
MSCI EAFE MIN VL$16.91M2.6%
Portfolio Concentration
Top 3$88.85M13.8%
4–10$134.07M20.8%
11–25$191.51M29.7%
Rest$230.10M35.7%
Top 3 weight
13.8%
Top 10 weight
34.6%
Voting Authority Distribution
Total shares with voting rights: 7.96M
Sole
Full voting authority
7.91M
shares
% of voting shares99.4%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
45.63K
shares
% of voting shares0.6%
Investment Discretion (by position count)
Sole128
Shared0
Other0
Dominant voting typeSole · 99.4% of voting shares
Institutional Holdings128
Rows:
INVESCO EXCHANGE TRADED FD T
SOLEShares232.03K
TypeSH
Market value$35.07M
5.44%
Sole
229.81K
Shared
0.00
None
1.56K
ISHARES TR
SOLEShares611.38K
TypeSH
Market value$30.90M
4.79%
Sole
604.88K
Shared
0.00
None
4.89K
MICROSOFT CORP
SOLEShares79.38K
TypeSH
Market value$22.88M
3.55%
Sole
79.05K
Shared
0.00
None
323.00
VANGUARD INDEX FDS
SOLEShares106.79K
TypeSH
Market value$22.52M
3.49%
Sole
106.14K
Shared
0.00
None
603.00
SPDR INDEX SHS FDS
SOLEShares608.91K
TypeSH
Market value$20.78M
3.22%
Sole
603.67K
Shared
0.00
None
4.07K
DEERE & CO
SOLEShares49.48K
TypeSH
Market value$20.49M
3.18%
Sole
49.38K
Shared
0.00
None
103.00
CATERPILLAR INC
SOLEShares80.80K
TypeSH
Market value$18.49M
2.87%
Sole
80.60K
Shared
0.00
None
200.00
ISHARES TR
SOLEShares273.41K
TypeSH
Market value$18.28M
2.84%
Sole
271.10K
Shared
0.00
None
1.62K
ISHARES TR
SOLEShares249.91K
TypeSH
Market value$16.91M
2.62%
Sole
247.70K
Shared
0.00
None
1.57K
MCDONALDS CORP
SOLEShares59.36K
TypeSH
Market value$16.60M
2.58%
Sole
59.25K
Shared
0.00
None
114.00
HOME DEPOT INC
SOLEShares54.60K
TypeSH
Market value$16.11M
2.50%
Sole
54.45K
Shared
0.00
None
160.00
EXXON MOBIL CORP
SOLEShares135.84K
TypeSH
Market value$14.90M
2.31%
Sole
135.59K
Shared
0.00
None
250.00
VANGUARD BD INDEX FDS
SOLEShares180.82K
TypeSH
Market value$13.83M
2.15%
Sole
179.14K
Shared
0.00
None
1.32K
BLACKROCK INC
SOLEShares20.57K
TypeSH
Market value$13.77M
2.14%
Sole
20.52K
Shared
0.00
None
53.00
ISHARES TR
SOLEShares564.47K
TypeSH
Market value$13.20M
2.05%
Sole
560.43K
Shared
0.00
None
4.03K
NIKE INC
SOLEShares106.26K
TypeSH
Market value$13.07M
2.03%
Sole
106K
Shared
0.00
None
262.00
PEPSICO INC
SOLEShares70.18K
TypeSH
Market value$12.79M
1.98%
Sole
70.05K
Shared
0.00
None
127.00
REPUBLIC SVCS INC
SOLEShares92.45K
TypeSH
Market value$12.55M
1.95%
Sole
92.28K
Shared
0.00
None
173.00
WALMART INC
SOLEShares84.20K
TypeSH
Market value$12.46M
1.93%
Sole
83.98K
Shared
0.00
None
219.00
TEXAS INSTRS INC
SOLEShares65.99K
TypeSH
Market value$12.27M
1.90%
Sole
65.86K
Shared
0.00
None
132.00
BECTON DICKINSON & CO
SOLEShares46.38K
TypeSH
Market value$11.48M
1.78%
Sole
46.29K
Shared
0.00
None
94.00
CHEVRON CORP NEW
SOLEShares69.95K
TypeSH
Market value$11.41M
1.77%
Sole
69.77K
Shared
0.00
None
178.00
MERCK & CO INC
SOLEShares105.77K
TypeSH
Market value$11.33M
1.76%
Sole
105.50K
Shared
0.00
None
273.00
BRISTOL-MYERS SQUIBB CO
SOLEShares162.66K
TypeSH
Market value$11.27M
1.75%
Sole
162.34K
Shared
0.00
None
323.00
SCHWAB CHARLES CORP
SOLEShares211.12K
TypeSH
Market value$11.06M
1.72%
Sole
210.56K
Shared
0.00
None
555.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 PUR GWT | 232.03K | SH | $35.07M 5.44% | 229.81K | 0.00 | 1.56K |
ISHARES TRSOLE | ISHS 1-5YR INVS | 611.38K | SH | $30.90M 4.79% | 604.88K | 0.00 | 4.89K |
MICROSOFT CORPSOLE | COM | 79.38K | SH | $22.88M 3.55% | 79.05K | 0.00 | 323.00 |
VANGUARD INDEX FDSSOLE | MID CAP ETF | 106.79K | SH | $22.52M 3.49% | 106.14K | 0.00 | 603.00 |
SPDR INDEX SHS FDSSOLE | PORTFOLIO EMG MK | 608.91K | SH | $20.78M 3.22% | 603.67K | 0.00 | 4.07K |
DEERE & COSOLE | COM | 49.48K | SH | $20.49M 3.18% | 49.38K | 0.00 | 103.00 |
CATERPILLAR INCSOLE | COM | 80.80K | SH | $18.49M 2.87% | 80.60K | 0.00 | 200.00 |
ISHARES TRSOLE | CORE MSCI EAFE | 273.41K | SH | $18.28M 2.84% | 271.10K | 0.00 | 1.62K |
ISHARES TRSOLE | MSCI EAFE MIN VL | 249.91K | SH | $16.91M 2.62% | 247.70K | 0.00 | 1.57K |
MCDONALDS CORPSOLE | COM | 59.36K | SH | $16.60M 2.58% | 59.25K | 0.00 | 114.00 |
HOME DEPOT INCSOLE | COM | 54.60K | SH | $16.11M 2.50% | 54.45K | 0.00 | 160.00 |
EXXON MOBIL CORPSOLE | COM | 135.84K | SH | $14.90M 2.31% | 135.59K | 0.00 | 250.00 |
VANGUARD BD INDEX FDSSOLE | SHORT TRM BOND | 180.82K | SH | $13.83M 2.15% | 179.14K | 0.00 | 1.32K |
BLACKROCK INCSOLE | COM | 20.57K | SH | $13.77M 2.14% | 20.52K | 0.00 | 53.00 |
ISHARES TRSOLE | US TREAS BD ETF | 564.47K | SH | $13.20M 2.05% | 560.43K | 0.00 | 4.03K |
NIKE INCSOLE | CL B | 106.26K | SH | $13.07M 2.03% | 106K | 0.00 | 262.00 |
PEPSICO INCSOLE | COM | 70.18K | SH | $12.79M 1.98% | 70.05K | 0.00 | 127.00 |
REPUBLIC SVCS INCSOLE | COM | 92.45K | SH | $12.55M 1.95% | 92.28K | 0.00 | 173.00 |
WALMART INCSOLE | COM | 84.20K | SH | $12.46M 1.93% | 83.98K | 0.00 | 219.00 |
TEXAS INSTRS INCSOLE | COM | 65.99K | SH | $12.27M 1.90% | 65.86K | 0.00 | 132.00 |
BECTON DICKINSON & COSOLE | COM | 46.38K | SH | $11.48M 1.78% | 46.29K | 0.00 | 94.00 |
CHEVRON CORP NEWSOLE | COM | 69.95K | SH | $11.41M 1.77% | 69.77K | 0.00 | 178.00 |
MERCK & CO INCSOLE | COM | 105.77K | SH | $11.33M 1.76% | 105.50K | 0.00 | 273.00 |
BRISTOL-MYERS SQUIBB COSOLE | COM | 162.66K | SH | $11.27M 1.75% | 162.34K | 0.00 | 323.00 |
SCHWAB CHARLES CORPSOLE | COM | 211.12K | SH | $11.06M 1.72% | 210.56K | 0.00 | 555.00 |
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