Filed: 11/4/2025ACC: 0002085853-25-000222
📋 What this filing means
CUTLER INVESTMENT COUNSEL LLC filed this quarterly 13F‑HR report disclosing 140 equity positions with a total reported market value of $953.81M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
140
Positions
$953.81M
Total AUM (reported)
11.24M
Total Shares
Allocation by class
COM$437.29M45.8%
MID CAP ETF$46.49M4.9%
ISHS 1-5YR INVS$43.06M4.5%
CORE MSCI EAFE$42.76M4.5%
PORTFOLIO EMG MK$37.61M3.9%
INTRNL RES EQT$32.71M3.4%
CORE S&P US GWT$32.43M3.4%
Portfolio Concentration
Top 3$132.31M13.9%
4–10$223.81M23.5%
11–25$265.10M27.8%
Rest$332.58M34.9%
Top 3 weight
13.9%
Top 10 weight
37.3%
Voting Authority Distribution
Total shares with voting rights: 11.24M
Sole
Full voting authority
11.15M
shares
% of voting shares99.3%
Shared
Joint voting authority
10.61K
shares
% of voting shares0.1%
None
No voting authority
71.45K
shares
% of voting shares0.6%
Investment Discretion (by position count)
Sole140
Shared0
Other0
Dominant voting typeSole · 99.3% of voting shares
Institutional Holdings140
Rows:
VANGUARD INDEX FDS
SOLEShares157.73K
TypeSH
Market value$46.49M
4.87%
Sole
156.06K
Shared
315.00
None
1.35K
ISHARES TR
SOLEShares812.02K
TypeSH
Market value$43.06M
4.51%
Sole
803.05K
Shared
1.08K
None
7.89K
ISHARES TR
SOLEShares489.76K
TypeSH
Market value$42.76M
4.48%
Sole
484.81K
Shared
1K
None
3.94K
SPDR INDEX SHS FDS
SOLEShares803.50K
TypeSH
Market value$37.61M
3.94%
Sole
795.26K
Shared
1.42K
None
6.81K
MICROSOFT CORP
SOLEShares69.33K
TypeSH
Market value$35.91M
3.77%
Sole
69.16K
Shared
0.00
None
178.00
J P MORGAN EXCHANGE TRADED F
SOLEShares444.75K
TypeSH
Market value$32.71M
3.43%
Sole
440.60K
Shared
1.19K
None
2.96K
ISHARES TR
SOLEShares197.10K
TypeSH
Market value$32.43M
3.40%
Sole
194.90K
Shared
430.00
None
1.77K
CATERPILLAR INC
SOLEShares60.92K
TypeSH
Market value$29.07M
3.05%
Sole
60.83K
Shared
0.00
None
85.00
VANGUARD INDEX FDS
SOLEShares59.42K
TypeSH
Market value$28.53M
2.99%
Sole
58.77K
Shared
145.00
None
511.00
SPDR SERIES TRUST
SOLEShares1.07M
TypeSH
Market value$27.55M
2.89%
Sole
1.06M
Shared
1.46K
None
8.40K
ISHARES TR
SOLEShares1.05M
TypeSH
Market value$24.39M
2.56%
Sole
1.05M
Shared
1.44K
None
8.44K
WALMART INC
SOLEShares227.56K
TypeSH
Market value$23.45M
2.46%
Sole
227.32K
Shared
0.00
None
243.00
ISHARES TR
SOLEShares193.10K
TypeSH
Market value$22.95M
2.41%
Sole
191.78K
Shared
0.00
None
1.32K
BLACKROCK INC
SOLEShares18.21K
TypeSH
Market value$21.23M
2.23%
Sole
18.19K
Shared
0.00
None
22.00
RTX CORPORATION
SOLEShares119.18K
TypeSH
Market value$19.94M
2.09%
Sole
119.03K
Shared
0.00
None
153.00
HOME DEPOT INC
SOLEShares48.39K
TypeSH
Market value$19.61M
2.06%
Sole
48.33K
Shared
0.00
None
55.00
SCHWAB CHARLES CORP
SOLEShares195.15K
TypeSH
Market value$18.63M
1.95%
Sole
194.93K
Shared
0.00
None
213.00
REPUBLIC SVCS INC
SOLEShares80.71K
TypeSH
Market value$18.52M
1.94%
Sole
80.61K
Shared
0.00
None
101.00
MCDONALDS CORP
SOLEShares52.31K
TypeSH
Market value$15.90M
1.67%
Sole
52.27K
Shared
0.00
None
36.00
DEERE & CO
SOLEShares33.62K
TypeSH
Market value$15.43M
1.62%
Sole
33.60K
Shared
0.00
None
24.00
JPMORGAN CHASE & CO.
SOLEShares47.86K
TypeSH
Market value$15.10M
1.58%
Sole
47.81K
Shared
0.00
None
48.00
EXXON MOBIL CORP
SOLEShares123K
TypeSH
Market value$13.87M
1.45%
Sole
122.92K
Shared
0.00
None
80.00
INTERNATIONAL BUSINESS MACHS
SOLEShares43.71K
TypeSH
Market value$12.33M
1.29%
Sole
43.29K
Shared
0.00
None
422.00
KROGER CO
SOLEShares181.50K
TypeSH
Market value$12.23M
1.28%
Sole
181.29K
Shared
0.00
None
203.00
MEDTRONIC PLC
SOLEShares120.11K
TypeSH
Market value$11.52M
1.21%
Sole
120.08K
Shared
0.00
None
31.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | MID CAP ETF | 157.73K | SH | $46.49M 4.87% | 156.06K | 315.00 | 1.35K |
ISHARES TRSOLE | ISHS 1-5YR INVS | 812.02K | SH | $43.06M 4.51% | 803.05K | 1.08K | 7.89K |
ISHARES TRSOLE | CORE MSCI EAFE | 489.76K | SH | $42.76M 4.48% | 484.81K | 1K | 3.94K |
SPDR INDEX SHS FDSSOLE | PORTFOLIO EMG MK | 803.50K | SH | $37.61M 3.94% | 795.26K | 1.42K | 6.81K |
MICROSOFT CORPSOLE | COM | 69.33K | SH | $35.91M 3.77% | 69.16K | 0.00 | 178.00 |
J P MORGAN EXCHANGE TRADED FSOLE | INTRNL RES EQT | 444.75K | SH | $32.71M 3.43% | 440.60K | 1.19K | 2.96K |
ISHARES TRSOLE | CORE S&P US GWT | 197.10K | SH | $32.43M 3.40% | 194.90K | 430.00 | 1.77K |
CATERPILLAR INCSOLE | COM | 60.92K | SH | $29.07M 3.05% | 60.83K | 0.00 | 85.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 59.42K | SH | $28.53M 2.99% | 58.77K | 145.00 | 511.00 |
SPDR SERIES TRUSTSOLE | PORTFOLIO AGRGTE | 1.07M | SH | $27.55M 2.89% | 1.06M | 1.46K | 8.40K |
ISHARES TRSOLE | US TREAS BD ETF | 1.05M | SH | $24.39M 2.56% | 1.05M | 1.44K | 8.44K |
WALMART INCSOLE | COM | 227.56K | SH | $23.45M 2.46% | 227.32K | 0.00 | 243.00 |
ISHARES TRSOLE | CORE S&P SCP ETF | 193.10K | SH | $22.95M 2.41% | 191.78K | 0.00 | 1.32K |
BLACKROCK INCSOLE | COM | 18.21K | SH | $21.23M 2.23% | 18.19K | 0.00 | 22.00 |
RTX CORPORATIONSOLE | COM | 119.18K | SH | $19.94M 2.09% | 119.03K | 0.00 | 153.00 |
HOME DEPOT INCSOLE | COM | 48.39K | SH | $19.61M 2.06% | 48.33K | 0.00 | 55.00 |
SCHWAB CHARLES CORPSOLE | COM | 195.15K | SH | $18.63M 1.95% | 194.93K | 0.00 | 213.00 |
REPUBLIC SVCS INCSOLE | COM | 80.71K | SH | $18.52M 1.94% | 80.61K | 0.00 | 101.00 |
MCDONALDS CORPSOLE | COM | 52.31K | SH | $15.90M 1.67% | 52.27K | 0.00 | 36.00 |
DEERE & COSOLE | COM | 33.62K | SH | $15.43M 1.62% | 33.60K | 0.00 | 24.00 |
JPMORGAN CHASE & CO.SOLE | COM | 47.86K | SH | $15.10M 1.58% | 47.81K | 0.00 | 48.00 |
EXXON MOBIL CORPSOLE | COM | 123K | SH | $13.87M 1.45% | 122.92K | 0.00 | 80.00 |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 43.71K | SH | $12.33M 1.29% | 43.29K | 0.00 | 422.00 |
KROGER COSOLE | COM | 181.50K | SH | $12.23M 1.28% | 181.29K | 0.00 | 203.00 |
MEDTRONIC PLCSOLE | SHS | 120.11K | SH | $11.52M 1.21% | 120.08K | 0.00 | 31.00 |
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