Filed: 7/28/2025ACC: 0001667731-25-000987
📋 What this filing means
CUTLER INVESTMENT COUNSEL LLC filed this quarterly 13F‑HR report disclosing 138 equity positions with a total reported market value of $898.69M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
138
Positions
$898.69M
Total AUM (reported)
11.11M
Total Shares
Allocation by class
COM$420.71M46.8%
MID CAP ETF$42.83M4.8%
ISHS 1-5YR INVS$41.14M4.6%
CORE MSCI EAFE$39.75M4.4%
PORTFOLIO EMG MK$33.49M3.7%
INTRNL RES EQT$29.70M3.3%
CORE S&P US GWT$29.06M3.2%
Portfolio Concentration
Top 3$123.72M13.8%
4–10$203.45M22.6%
11–25$255.81M28.5%
Rest$315.71M35.1%
Top 3 weight
13.8%
Top 10 weight
36.4%
Voting Authority Distribution
Total shares with voting rights: 11.11M
Sole
Full voting authority
11.04M
shares
% of voting shares99.3%
Shared
Joint voting authority
10.61K
shares
% of voting shares0.1%
None
No voting authority
63.75K
shares
% of voting shares0.6%
Investment Discretion (by position count)
Sole138
Shared0
Other0
Dominant voting typeSole · 99.3% of voting shares
Institutional Holdings138
Rows:
VANGUARD INDEX FDS
SOLEShares152.50K
TypeSH
Market value$42.83M
4.77%
Sole
150.94K
Shared
315.00
None
1.25K
ISHARES TR
SOLEShares779.76K
TypeSH
Market value$41.14M
4.58%
Sole
771.95K
Shared
1.08K
None
6.73K
ISHARES TR
SOLEShares476.13K
TypeSH
Market value$39.75M
4.42%
Sole
471.68K
Shared
1K
None
3.45K
MICROSOFT CORP
SOLEShares71.47K
TypeSH
Market value$35.55M
3.96%
Sole
71.30K
Shared
0.00
None
178.00
SPDR INDEX SHS FDS
SOLEShares783.48K
TypeSH
Market value$33.49M
3.73%
Sole
776.19K
Shared
1.42K
None
5.88K
J P MORGAN EXCHANGE TRADED F
SOLEShares419.69K
TypeSH
Market value$29.70M
3.30%
Sole
416.12K
Shared
1.19K
None
2.37K
ISHARES TR
SOLEShares193.25K
TypeSH
Market value$29.06M
3.23%
Sole
191.13K
Shared
430.00
None
1.69K
SPDR SERIES TRUST
SOLEShares1.02M
TypeSH
Market value$26.15M
2.91%
Sole
1.01M
Shared
1.46K
None
7.18K
VANGUARD INDEX FDS
SOLEShares58.43K
TypeSH
Market value$25.65M
2.85%
Sole
57.80K
Shared
145.00
None
493.00
CATERPILLAR INC
SOLEShares61.42K
TypeSH
Market value$23.84M
2.65%
Sole
61.34K
Shared
0.00
None
85.00
ISHARES TR
SOLEShares1.02M
TypeSH
Market value$23.45M
2.61%
Sole
1.01M
Shared
1.44K
None
7.13K
WALMART INC
SOLEShares228.69K
TypeSH
Market value$22.36M
2.49%
Sole
228.45K
Shared
0.00
None
243.00
REPUBLIC SVCS INC
SOLEShares81.20K
TypeSH
Market value$20.02M
2.23%
Sole
81.10K
Shared
0.00
None
101.00
BLACKROCK INC
SOLEShares18.34K
TypeSH
Market value$19.25M
2.14%
Sole
18.32K
Shared
0.00
None
22.00
ISHARES TR
SOLEShares175.65K
TypeSH
Market value$19.20M
2.14%
Sole
174.67K
Shared
0.00
None
979.00
SCHWAB CHARLES CORP
SOLEShares195.82K
TypeSH
Market value$17.87M
1.99%
Sole
195.61K
Shared
0.00
None
213.00
HOME DEPOT INC
SOLEShares48.40K
TypeSH
Market value$17.74M
1.97%
Sole
48.34K
Shared
0.00
None
55.00
RTX CORPORATION
SOLEShares119.72K
TypeSH
Market value$17.48M
1.95%
Sole
119.56K
Shared
0.00
None
153.00
DEERE & CO
SOLEShares33.85K
TypeSH
Market value$17.27M
1.92%
Sole
33.83K
Shared
0.00
None
24.00
MCDONALDS CORP
SOLEShares52.97K
TypeSH
Market value$15.47M
1.72%
Sole
52.93K
Shared
0.00
None
36.00
JPMORGAN CHASE & CO.
SOLEShares48.06K
TypeSH
Market value$13.93M
1.55%
Sole
48.01K
Shared
0.00
None
56.00
EXXON MOBIL CORP
SOLEShares123.60K
TypeSH
Market value$13.32M
1.48%
Sole
123.52K
Shared
0.00
None
80.00
KROGER CO
SOLEShares182.64K
TypeSH
Market value$13.10M
1.46%
Sole
182.44K
Shared
0.00
None
203.00
INTERNATIONAL BUSINESS MACHS
SOLEShares44K
TypeSH
Market value$12.97M
1.44%
Sole
43.58K
Shared
0.00
None
422.00
TEXAS INSTRS INC
SOLEShares59.55K
TypeSH
Market value$12.36M
1.38%
Sole
59.50K
Shared
0.00
None
46.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | MID CAP ETF | 152.50K | SH | $42.83M 4.77% | 150.94K | 315.00 | 1.25K |
ISHARES TRSOLE | ISHS 1-5YR INVS | 779.76K | SH | $41.14M 4.58% | 771.95K | 1.08K | 6.73K |
ISHARES TRSOLE | CORE MSCI EAFE | 476.13K | SH | $39.75M 4.42% | 471.68K | 1K | 3.45K |
MICROSOFT CORPSOLE | COM | 71.47K | SH | $35.55M 3.96% | 71.30K | 0.00 | 178.00 |
SPDR INDEX SHS FDSSOLE | PORTFOLIO EMG MK | 783.48K | SH | $33.49M 3.73% | 776.19K | 1.42K | 5.88K |
J P MORGAN EXCHANGE TRADED FSOLE | INTRNL RES EQT | 419.69K | SH | $29.70M 3.30% | 416.12K | 1.19K | 2.37K |
ISHARES TRSOLE | CORE S&P US GWT | 193.25K | SH | $29.06M 3.23% | 191.13K | 430.00 | 1.69K |
SPDR SERIES TRUSTSOLE | PORTFOLIO AGRGTE | 1.02M | SH | $26.15M 2.91% | 1.01M | 1.46K | 7.18K |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 58.43K | SH | $25.65M 2.85% | 57.80K | 145.00 | 493.00 |
CATERPILLAR INCSOLE | COM | 61.42K | SH | $23.84M 2.65% | 61.34K | 0.00 | 85.00 |
ISHARES TRSOLE | US TREAS BD ETF | 1.02M | SH | $23.45M 2.61% | 1.01M | 1.44K | 7.13K |
WALMART INCSOLE | COM | 228.69K | SH | $22.36M 2.49% | 228.45K | 0.00 | 243.00 |
REPUBLIC SVCS INCSOLE | COM | 81.20K | SH | $20.02M 2.23% | 81.10K | 0.00 | 101.00 |
BLACKROCK INCSOLE | COM | 18.34K | SH | $19.25M 2.14% | 18.32K | 0.00 | 22.00 |
ISHARES TRSOLE | CORE S&P SCP ETF | 175.65K | SH | $19.20M 2.14% | 174.67K | 0.00 | 979.00 |
SCHWAB CHARLES CORPSOLE | COM | 195.82K | SH | $17.87M 1.99% | 195.61K | 0.00 | 213.00 |
HOME DEPOT INCSOLE | COM | 48.40K | SH | $17.74M 1.97% | 48.34K | 0.00 | 55.00 |
RTX CORPORATIONSOLE | COM | 119.72K | SH | $17.48M 1.95% | 119.56K | 0.00 | 153.00 |
DEERE & COSOLE | COM | 33.85K | SH | $17.27M 1.92% | 33.83K | 0.00 | 24.00 |
MCDONALDS CORPSOLE | COM | 52.97K | SH | $15.47M 1.72% | 52.93K | 0.00 | 36.00 |
JPMORGAN CHASE & CO.SOLE | COM | 48.06K | SH | $13.93M 1.55% | 48.01K | 0.00 | 56.00 |
EXXON MOBIL CORPSOLE | COM | 123.60K | SH | $13.32M 1.48% | 123.52K | 0.00 | 80.00 |
KROGER COSOLE | COM | 182.64K | SH | $13.10M 1.46% | 182.44K | 0.00 | 203.00 |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 44K | SH | $12.97M 1.44% | 43.58K | 0.00 | 422.00 |
TEXAS INSTRS INCSOLE | COM | 59.55K | SH | $12.36M 1.38% | 59.50K | 0.00 | 46.00 |
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