Q2 2025 · 13F-HR
JOHN G ULLMAN & ASSOCIATES INCholdings as filed
Filed 2025-07-29 · accession 0000919530-25-000003
$673.8M
Reported value
174
Positions
2025-06-30
Period end
The Brief · JOHN G ULLMAN & ASSOCIATES INC · Q2 2025
AI · grounded in 13F
JOHN G ULLMAN & ASSOCIATES INC established a new position in EMR worth $37.86M. The fund also initiated new stakes in TSM for $31.41M and GLW for $29.46M. Additional new positions include IBM at $24.39M, BROADCOM INC at $24.12M, and CISCO SYSTEMS INC at $23.33M. The fund ended the period with 174 positions and total AUM of $673.82M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 291011104 | EMR | EMERSON ELEC CO | $37.9M | 5.62% | 283,961 | Common | NONE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR M F SPONS | $31.4M | 4.66% | 138,692 | Common | NONE |
| 219350105 | GLW | CORNING INC | $29.5M | 4.37% | 560,239 | Common | NONE |
| 459200101 | IBM | IBM CORP | $24.4M | 3.62% | 82,735 | Common | NONE |
| 11135f101 | — | BROADCOM INC | $24.1M | 3.58% | 87,515 | Common | NONE |
| 17275r102 | — | CISCO SYSTEMS INC | $23.3M | 3.46% | 336,265 | Common | NONE |
| 670837103 | OGE | OGE ENERGY CORP | $22.8M | 3.39% | 514,468 | Common | NONE |
| g87052109 | — | TE CONNECTIVITY PLC F | $17.5M | 2.60% | 103,914 | Common | NONE |
| 66987V109 | NVS | NOVARTIS AG | $16.6M | 2.47% | 137,407 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $16.0M | 2.37% | 32,148 | Common | NONE |
| 023135106 | AMZN | AMAZON.COM INC | $15.1M | 2.24% | 68,798 | Common | NONE |
| 03027x100 | — | AMERICAN TOWER CORP NEW REIT | $11.7M | 1.74% | 52,982 | Common | NONE |
| 30231g102 | — | EXXON MOBIL CORP | $11.5M | 1.71% | 107,041 | Common | NONE |
| 29670g102 | — | ESSENTIAL UTILS INC | $9.9M | 1.47% | 266,002 | Common | NONE |
| 127190304 | CACI | CACI INTL INC CLASS A | $9.6M | 1.43% | 20,232 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $9.5M | 1.41% | 76,379 | Common | NONE |
| 806857108 | SLB | SCHLUMBERGER LTD F | $9.3M | 1.38% | 274,187 | Common | NONE |
| 535555106 | LNN | LINDSAY CORP | $8.4M | 1.25% | 58,186 | Common | NONE |
| 368736104 | GNRC | GENERAC HLDGS INC | $8.3M | 1.24% | 58,301 | Common | NONE |
| 465741106 | ITRI | ITRON INC | $7.7M | 1.14% | 58,488 | Common | NONE |
| 046224101 | ASTE | ASTEC INDUSTRIES INC | $7.7M | 1.14% | 183,992 | Common | NONE |
| 736508847 | POR | PORTLAND GENERAL ELECTRIC CO | $7.6M | 1.12% | 185,936 | Common | NONE |
| 34354p105 | — | FLOWSERVE CORP | $7.5M | 1.11% | 143,500 | Common | NONE |
| 58933y105 | — | MERCK & CO. INC. | $7.5M | 1.11% | 94,313 | Common | NONE |
| 387328107 | GVA | GRANITE CONSTR INC | $7.4M | 1.10% | 79,282 | Common | NONE |
| 30040w108 | — | EVERSOURCE ENERGY | $7.2M | 1.06% | 112,702 | Common | NONE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB | $7.2M | 1.06% | 154,644 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $7.0M | 1.04% | 30,186 | Common | NONE |
| 093712107 | BE | BLOOM ENERGY CORP CLASS A | $6.8M | 1.00% | 282,700 | Common | NONE |
| 929160109 | VMC | VULCAN MATLS CO | $6.7M | 1.00% | 25,775 | Common | NONE |
| 552690109 | MDU | M D U RESOURCES GRP | $6.6M | 0.98% | 394,297 | Common | NONE |
| 337738108 | FISV | FISERV INC | $6.3M | 0.94% | 36,782 | Common | NONE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $5.9M | 0.88% | 92,543 | Common | NONE |
| 25746u109 | — | DOMINION ENERGY INC | $5.8M | 0.87% | 103,182 | Common | NONE |
| 300426103 | ECG | EVERUS CONSTRUCTION GROUP ORD | $5.7M | 0.85% | 90,473 | Common | NONE |
| 646025106 | NJR | NEW JERSEY RES CORP | $5.5M | 0.81% | 122,327 | Common | NONE |
| 871829107 | SYY | SYSCO CORP | $5.5M | 0.81% | 72,276 | Common | NONE |
| 890110109 | TMP | TOMPKINS FINL CORP | $5.4M | 0.81% | 86,504 | Common | NONE |
| 55024U109 | LITE | LUMENTUM HOLDINGS INC | $4.8M | 0.71% | 50,248 | Common | NONE |
| 65336k103 | — | NEXSTAR MEDIA GROUP INC | $4.8M | 0.71% | 27,593 | Common | NONE |
| 498894104 | KNF | KNIFE RIVER ORD | $4.7M | 0.70% | 57,992 | Common | NONE |
| 26884l109 | — | EQT CORP | $4.7M | 0.70% | 81,100 | Common | NONE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC | $4.7M | 0.70% | 11,614 | Common | NONE |
| 451107106 | IDA | IDACORP INC | $4.6M | 0.68% | 39,618 | Common | NONE |
| 857477103 | STT | STATE STR CORP | $4.6M | 0.68% | 42,993 | Common | NONE |
| 548661107 | LOW | LOWES COS INC | $4.6M | 0.68% | 20,555 | Common | NONE |
| 68389x105 | — | ORACLE CORP | $4.5M | 0.67% | 20,655 | Common | NONE |
| 833445109 | SNOW | SNOWFLAKE INC CLASS A | $4.5M | 0.67% | 20,125 | Common | NONE |
| 19247g107 | — | COHERENT CORP | $4.4M | 0.65% | 48,825 | Common | NONE |
| 92189f817 | — | VANECK VIETNAM ETF | $4.3M | 0.64% | 314,390 | Common | NONE |
| 383082104 | GRC | GORMAN RUPP CO CLASS EQUITY | $4.1M | 0.61% | 111,783 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $4.1M | 0.61% | 30,038 | Common | NONE |
| 458140100 | INTC | INTEL CORP | $4.1M | 0.60% | 181,250 | Common | NONE |
| 02079k305 | — | ALPHABET INC CLASS A | $4.0M | 0.59% | 22,708 | Common | NONE |
| 42704l104 | — | HERC HLDGS INC | $4.0M | 0.59% | 30,080 | Common | NONE |
| 922908363 | VOO | VANGUARD S&P 500 ETF | $3.9M | 0.58% | 6,923 | Common | NONE |
| 36266g107 | — | GE HEALTHCARE TECHNOLOGI | $3.8M | 0.57% | 51,787 | Common | NONE |
| g50871105 | — | JAZZ PHARMACEUTICALS P F | $3.8M | 0.57% | 35,910 | Common | NONE |
| 285512109 | EA | ELECTRONIC ARTS INC | $3.7M | 0.55% | 23,250 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $3.7M | 0.54% | 150,703 | Common | NONE |
| 79466l302 | — | SALESFORCE INC | $3.6M | 0.54% | 13,269 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $3.5M | 0.52% | 13,729 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $3.5M | 0.52% | 17,183 | Common | NONE |
| 29261A100 | EHC | ENCOMPASS HEALTH CORP | $3.5M | 0.52% | 28,600 | Common | NONE |
| 744573106 | PEG | PUBLIC SVC ENTERPRISE GR | $3.3M | 0.49% | 39,122 | Common | NONE |
| 26969p108 | — | EAGLE MATLS INC | $3.2M | 0.47% | 15,775 | Common | NONE |
| 37733w204 | — | GSK PLC ADR F SPONSORED ADR 1 | $3.2M | 0.47% | 82,100 | Common | NONE |
| 70450y103 | — | PAYPAL HLDGS INC | $3.1M | 0.46% | 41,280 | Common | NONE |
| 092113109 | BKH | BLACK HILLS CORP | $3.0M | 0.44% | 52,941 | Common | NONE |
| 942749102 | WTS | WATTS WATER TECHNOLOGIES CLASS | $2.9M | 0.44% | 11,977 | Common | NONE |
| 02079k107 | — | ALPHABET INC CLASS C | $2.7M | 0.40% | 15,178 | Common | NONE |
| 228368106 | CCK | CROWN HLDGS INC | $2.7M | 0.40% | 26,041 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $2.5M | 0.38% | 9,071 | Common | NONE |
| 842587107 | SO | SOUTHERN CO | $2.4M | 0.36% | 26,092 | Common | NONE |
| 98956p102 | — | ZIMMER BIOMET HLDGS INC | $2.4M | 0.35% | 25,850 | Common | NONE |
| 05534b760 | — | BCE INC F | $2.3M | 0.34% | 104,815 | Common | NONE |
| 928881101 | VNT | VONTIER CORP | $2.3M | 0.34% | 61,921 | Common | NONE |
| 532457108 | LLY | ELI LILLY AND CO | $2.2M | 0.33% | 2,883 | Common | NONE |
| 83444m101 | — | SOLVENTUM CORP | $2.2M | 0.32% | 28,500 | Common | NONE |
| 071813109 | BAX | BAXTER INTL INC | $2.1M | 0.32% | 70,829 | Common | NONE |
| 91307c102 | — | UNITED THERAPEUTICS CORP | $2.1M | 0.31% | 7,281 | Common | NONE |
| 00846u101 | — | AGILENT TECHNOLOGIES INC | $2.0M | 0.30% | 17,075 | Common | NONE |
| 36828a101 | — | GE VERNOVA INC | $1.9M | 0.29% | 3,664 | Common | NONE |
| 29446m102 | — | EQUINOR ASA F SPONSORED ADR 1 | $1.9M | 0.28% | 76,359 | Common | NONE |
| 65339f101 | — | NEXTERA ENERGY INC | $1.9M | 0.28% | 26,947 | Common | NONE |
| 830561205 | SKBSY | SKANSKA AB F SPONSORED ADR 1 A | $1.7M | 0.25% | 74,000 | Common | NONE |
| 059695106 | BCV | BANCROFT CF | $1.6M | 0.23% | 82,913 | Common | NONE |
| 947890109 | WBS | WEBSTER FINL CORP | $1.5M | 0.23% | 28,333 | Common | NONE |
| 114340102 | AZTA | AZENTA INC | $1.5M | 0.22% | 48,645 | Common | NONE |
| 80004C200 | SNDK | SANDISK CORP SNDK | $1.4M | 0.20% | 29,992 | Common | NONE |
| 171779309 | CIEN | CIENA CORP | $1.4M | 0.20% | 16,700 | Common | NONE |
| 406216101 | HAL | HALLIBURTON CO | $1.3M | 0.19% | 63,708 | Common | NONE |
| 922042858 | VWO | VANGUARD FTSE EMERGING MARKETS | $1.3M | 0.19% | 25,300 | Common | NONE |
| 689648103 | OTTR | OTTER TAIL CORP | $1.2M | 0.18% | 15,950 | Common | NONE |
| 00091g104 | — | ACV AUCTIONS INC CLASS A | $1.1M | 0.16% | 66,284 | Common | NONE |
| 448811208 | HRNNF | HYDRO ONE LTD F | $1.1M | 0.16% | 29,700 | Common | NONE |
| 26942g100 | — | EAGLE BANCORP MONT INC | $975,395 | 0.14% | 58,512 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $926,283 | 0.14% | 6,469 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY CLASS B | $912,762 | 0.14% | 1,879 | Common | NONE |
| 04010e109 | — | ARGAN INC | $903,968 | 0.13% | 4,100 | Common | NONE |
| 55405y100 | — | MACOM TECHNOLOGY SOLUTIO | $816,753 | 0.12% | 5,700 | Common | NONE |
| 26441c204 | — | DUKE ENERGY CORP NEW | $806,176 | 0.12% | 6,832 | Common | NONE |
| g51502105 | — | JOHNSON CONTROLS INTER F | $799,966 | 0.12% | 7,574 | Common | NONE |
| 21037t109 | — | CONSTELLATION ENERGY COR | $795,603 | 0.12% | 2,465 | Common | NONE |
| 780259305 | SHEL | SHELL PLC F SPONSORED ADR 1 AD | $781,551 | 0.12% | 11,100 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $778,156 | 0.12% | 7,019 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $746,809 | 0.11% | 3,597 | Common | NONE |
| 75886f107 | — | REGENERON PHARMS INC | $737,625 | 0.11% | 1,405 | Common | NONE |
| 290876101 | EMA | EMERA INC F | $723,392 | 0.11% | 15,800 | Common | NONE |
| 74930b105 | — | RBB BANCORP | $718,552 | 0.11% | 41,752 | Common | NONE |
| 075887109 | BDX | BECTON DICKINSON & CO | $710,531 | 0.11% | 4,125 | Common | NONE |
| 94188p101 | — | WATERSTONE FINL INC MD | $705,691 | 0.10% | 51,100 | Common | NONE |
| 018802108 | LNT | ALLIANT ENERGY CORP | $683,311 | 0.10% | 11,300 | Common | NONE |
| 89147l886 | — | TORTOISE ENERGY INFRASTR | $668,927 | 0.10% | 15,241 | Common | NONE |
| 055622104 | BP | BP P L C F SPONSORED ADR 1 ADR | $655,467 | 0.10% | 21,900 | Common | NONE |
| 504922105 | LH | LABCORP HLDGS INC | $606,398 | 0.09% | 2,310 | Common | NONE |
| 831865209 | AOS | SMITH A O CORP | $603,244 | 0.09% | 9,200 | Common | NONE |
| 81369y886 | — | SELECT SECTOR UTI SELECT SPDR | $576,275 | 0.09% | 7,057 | Common | NONE |
| 032095101 | APH | AMPHENOL CORP NEW CLASS A | $570,281 | 0.08% | 5,775 | Common | NONE |
| 88579y101 | — | 3M CO | $563,288 | 0.08% | 3,700 | Common | NONE |
| 452308109 | ITW | ILLINOIS TOOL WKS INC | $543,950 | 0.08% | 2,200 | Common | NONE |
| 319383204 | BUSE | FIRST BUSEY ORD | $533,106 | 0.08% | 23,295 | Common | NONE |
| 353514102 | FELE | FRANKLIN ELEC INC | $484,596 | 0.07% | 5,400 | Common | NONE |
| 675234108 | OCFC | OCEANFIRST FINL CORP | $478,992 | 0.07% | 27,200 | Common | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $461,668 | 0.07% | 2,256 | Common | NONE |
| 718546104 | PSX | PHILLIPS 66 | $459,305 | 0.07% | 3,850 | Common | NONE |
| 60770k107 | — | MODERNA INC | $444,199 | 0.07% | 16,100 | Common | NONE |
| 001084102 | AGCO | AGCO CORP DEL | $443,588 | 0.07% | 4,300 | Common | NONE |
| 922908769 | VTI | VANGUARD TOTAL STOCK MARKET ET | $411,521 | 0.06% | 1,354 | Common | NONE |
| 56585A102 | MPC | MARATHON PETROLEUM CORP | $409,129 | 0.06% | 2,463 | Common | NONE |
| 172755100 | CRUS | CIRRUS LOGIC INC | $406,594 | 0.06% | 3,900 | Common | NONE |
| 824348106 | SHW | SHERWIN-WILLIAMS CO | $394,864 | 0.06% | 1,150 | Common | NONE |
| 452327109 | ILMN | ILLUMINA INC | $391,181 | 0.06% | 4,100 | Common | NONE |
| 191216100 | KO | THE COCA-COLA CO | $388,559 | 0.06% | 5,492 | Common | NONE |
| G3265R107 | APTV | APTIV PLC F | $382,032 | 0.06% | 5,600 | Common | NONE |
| 025537101 | AEP | AMERICAN ELEC PWR CO INC | $359,943 | 0.05% | 3,469 | Common | NONE |
| 45073v108 | — | ITT INC | $359,925 | 0.05% | 2,295 | Common | NONE |
| 669549107 | NWFL | NORWOOD FINL CORP | $350,608 | 0.05% | 13,600 | Common | NONE |
| 633067103 | NTIOF | NATIONAL BANK OF CANADA ORD | $343,356 | 0.05% | 3,330 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $340,540 | 0.05% | 2,763 | Common | NONE |
| 88076w103 | — | TERADATA CORP DEL | $336,881 | 0.05% | 15,100 | Common | NONE |
| 464286533 | EEMV | ISHS MSCI EMERG MRKT MIN VOL F | $335,980 | 0.05% | 5,350 | Common | NONE |
| 98419m100 | — | XYLEM INC | $333,749 | 0.05% | 2,580 | Common | NONE |
| 015857105 | AQN | ALGONQUIN PWR & UTILS F | $321,453 | 0.05% | 56,100 | Common | NONE |
| 373865104 | GABC | GERMAN AMERICAN BANCORP ORD | $315,397 | 0.05% | 8,190 | Common | NONE |
| g29183103 | — | EATON CORP PLC F | $309,867 | 0.05% | 868 | Common | NONE |
| 46266c105 | — | IQVIA HLDGS INC | $299,421 | 0.04% | 1,900 | Common | NONE |
| 92204A702 | VGT | VANGUARD INFORMATION TECHNOLOG | $295,160 | 0.04% | 445 | Common | NONE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $277,752 | 0.04% | 490 | Common | NONE |
| 46137v142 | — | INVSC WATER RESC PORTFOLIO ETF | $274,047 | 0.04% | 3,920 | Common | NONE |
| 00766t100 | — | AECOM | $265,221 | 0.04% | 2,350 | Common | NONE |
| 92939u106 | — | WEC ENERGY GROUP INC | $256,957 | 0.04% | 2,466 | Common | NONE |
| 78464a698 | — | SPDR S&P REGIONAL BANKING ETF | $255,377 | 0.04% | 4,300 | Common | NONE |
| 24906p109 | — | DENTSPLY SIRONA INC | $250,904 | 0.04% | 15,800 | Common | NONE |
| 37045v100 | — | GENERAL MTRS CO | $248,510 | 0.04% | 5,050 | Common | NONE |
| 901109108 | TPC | TUTOR PERINI CORP | $233,900 | 0.03% | 5,000 | Common | NONE |
| 30303m102 | — | META PLATFORMS INC CLASS A | $232,498 | 0.03% | 315 | Common | NONE |
| 12626K203 | — | CRH ADR REPSG 1 ORD | $229,500 | 0.03% | 2,500 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTERNATIONAL IN | $218,010 | 0.03% | 1,197 | Common | NONE |
| 337932107 | FE | FIRSTENERGY CORP | $217,404 | 0.03% | 5,400 | Common | NONE |
| 771195104 | RHHBY | ROCHE HLDG LTD F SPONSORED ADR | $216,028 | 0.03% | 5,300 | Common | NONE |
| 464287556 | IBB | ISHARES BIOTECHNOLOGY ETF | $215,067 | 0.03% | 1,700 | Common | NONE |
| 61945c103 | — | THE MOSAIC CO | $209,760 | 0.03% | 5,750 | Common | NONE |
| 92343v104 | — | VERIZON COMMUNICATIONS I | $209,081 | 0.03% | 4,832 | Common | NONE |
| 46090e103 | — | INVSC QQQ TRUST SRS 1 ETF | $209,072 | 0.03% | 379 | Common | NONE |
| 343412102 | FLR | FLUOR CORP NEW | $205,080 | 0.03% | 4,000 | Common | NONE |
| 03074a102 | — | AMERISERV FINL INC | $204,367 | 0.03% | 67,226 | Common | NONE |
| 46137v357 | — | INVSC S P 500 EQUAL WEIGHT ETF | $201,550 | 0.03% | 1,109 | Common | NONE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $201,286 | 0.03% | 1,874 | Common | NONE |
| 74834l100 | — | QUEST DIAGNOSTICS INC | $200,108 | 0.03% | 1,114 | Common | NONE |
| 382550101 | GT | GOODYEAR TIRE & RUBR CO | $186,660 | 0.03% | 18,000 | Common | NONE |
| 592835102 | MXF | MEXICO FUND INC | $186,242 | 0.03% | 10,600 | Common | NONE |
| 05352a100 | — | AVANTOR INC | $153,444 | 0.02% | 11,400 | Common | NONE |
| 05337L304 | AVLNF | AVALON ADVANCED MATERIALS INC | $416 | 0.00% | 18,750 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.