Q1 2025 · 13F-HR
CUTLER INVESTMENT COUNSEL LLCholdings as filed
Filed 2025-05-08 · accession 0001667731-25-000608
$832.4M
Reported value
133
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464288646 | IGSB | ISHARES TR | $40.2M | 4.83% | 767,048 | Common | SOLE |
| 922908629 | VO | VANGUARD INDEX FDS | $38.7M | 4.66% | 149,832 | Common | SOLE |
| 46432F842 | IEFA | ISHARES TR | $35.3M | 4.24% | 466,492 | Common | SOLE |
| 78463X509 | SPEM | SPDR INDEX SHS FDS | $30.5M | 3.67% | 774,997 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $26.7M | 3.21% | 71,252 | Common | SOLE |
| 78464A649 | SPAB | SPDR SER TR | $25.1M | 3.02% | 983,955 | Common | SOLE |
| 46641Q134 | JIRE | J P MORGAN EXCHANGE TRADED F | $24.7M | 2.96% | 387,257 | Common | SOLE |
| 464287671 | IUSG | ISHARES TR | $24.5M | 2.94% | 192,679 | Common | SOLE |
| 46429B267 | GOVT | ISHARES TR | $22.9M | 2.76% | 998,094 | Common | SOLE |
| 922908736 | VUG | VANGUARD INDEX FDS | $21.4M | 2.58% | 57,803 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $20.3M | 2.44% | 61,492 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $20.2M | 2.42% | 229,278 | Common | SOLE |
| 760759100 | RSG | REPUBLIC SVCS INC | $19.8M | 2.38% | 81,668 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $17.7M | 2.13% | 48,347 | Common | SOLE |
| 09290D101 | BLK | BLACKROCK INC | $17.4M | 2.09% | 18,372 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $16.6M | 2.00% | 53,286 | Common | SOLE |
| 464287804 | IJR | ISHARES TR | $16.4M | 1.98% | 157,258 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $16.0M | 1.92% | 33,959 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $16.0M | 1.92% | 120,632 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $15.4M | 1.85% | 196,479 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $14.7M | 1.77% | 123,702 | Common | SOLE |
| 501044101 | KR | KROGER CO | $12.5M | 1.50% | 184,755 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $12.0M | 1.44% | 48,796 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $11.3M | 1.35% | 248,412 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $11.1M | 1.33% | 44,628 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $11.0M | 1.32% | 121,113 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $10.8M | 1.30% | 63,427 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $10.7M | 1.29% | 59,746 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $10.7M | 1.29% | 63,990 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON & CO | $10.1M | 1.21% | 44,051 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $9.9M | 1.19% | 139,221 | Common | SOLE |
| 46137V266 | RPG | INVESCO EXCHANGE TRADED FD T | $9.9M | 1.18% | 257,599 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $9.8M | 1.17% | 153,820 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $8.9M | 1.07% | 131,744 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $8.8M | 1.06% | 58,852 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $8.6M | 1.03% | 51,879 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $8.5M | 1.02% | 93,310 | Common | SOLE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $8.2M | 0.99% | 46,670 | Common | SOLE |
| 46429B689 | EFAV | ISHARES TR | $7.8M | 0.94% | 100,534 | Common | SOLE |
| 92189H300 | EMLC | VANECK ETF TRUST | $7.7M | 0.93% | 323,409 | Common | SOLE |
| 26614N102 | DD | DUPONT DE NEMOURS INC | $7.7M | 0.92% | 102,847 | Common | SOLE |
| 55261F104 | MTB | M & T BK CORP | $7.3M | 0.87% | 40,694 | Common | SOLE |
| 921937819 | BIV | VANGUARD BD INDEX FDS | $6.8M | 0.82% | 89,238 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $6.7M | 0.80% | 11,890 | Common | SOLE |
| 78464A854 | SPYM | SPDR SER TR | $6.5M | 0.78% | 98,689 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $6.2M | 0.74% | 97,027 | Common | SOLE |
| 46434V647 | REET | ISHARES TR | $6.0M | 0.72% | 247,808 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $6.0M | 0.72% | 11,776 | Common | SOLE |
| 922042718 | VSS | VANGUARD INTL EQUITY INDEX F | $5.9M | 0.71% | 50,995 | Common | SOLE |
| 922908744 | VTV | VANGUARD INDEX FDS | $5.7M | 0.69% | 33,193 | Common | SOLE |
| 922908769 | VTI | VANGUARD INDEX FDS | $5.5M | 0.66% | 19,887 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $5.3M | 0.64% | 23,935 | Common | SOLE |
| 46138E735 | PDN | INVESCO EXCH TRADED FD TR II | $4.6M | 0.55% | 136,003 | Common | SOLE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $4.5M | 0.54% | 160,620 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $4.4M | 0.53% | 174,242 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $4.2M | 0.51% | 83,238 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $4.0M | 0.48% | 108,057 | Common | SOLE |
| 808524607 | SCHA | SCHWAB STRATEGIC TR | $3.8M | 0.46% | 163,750 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $3.1M | 0.38% | 69,013 | Common | SOLE |
| 74348A467 | NOBL | PROSHARES TR | $2.9M | 0.35% | 28,365 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $2.6M | 0.31% | 13,415 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $2.4M | 0.29% | 4,600 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $2.4M | 0.29% | 2,583 | Common | SOLE |
| 60510V108 | AVO | MISSION PRODUCE INC | $2.2M | 0.27% | 212,750 | Common | SOLE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $2.2M | 0.26% | 23,906 | Common | SOLE |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX F | $2.0M | 0.24% | 16,939 | Common | SOLE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $1.9M | 0.23% | 26,393 | Common | SOLE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $1.8M | 0.22% | 22,866 | Common | SOLE |
| 808524748 | FNDC | SCHWAB STRATEGIC TR | $1.8M | 0.21% | 48,367 | Common | SOLE |
| 808524763 | FNDA | SCHWAB STRATEGIC TR | $1.6M | 0.20% | 59,838 | Common | SOLE |
| 808524839 | SCHZ | SCHWAB STRATEGIC TR | $1.6M | 0.20% | 70,201 | Common | SOLE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $1.6M | 0.19% | 8,324 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $1.6M | 0.19% | 2 | Common | SOLE |
| 808524755 | FNDF | SCHWAB STRATEGIC TR | $1.5M | 0.17% | 40,144 | Common | SOLE |
| 808524201 | SCHX | SCHWAB STRATEGIC TR | $1.2M | 0.14% | 53,061 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.2M | 0.14% | 2,083 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $1.1M | 0.14% | 7,348 | Common | SOLE |
| 72201R833 | MINT | PIMCO ETF TR | $1.1M | 0.13% | 10,718 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $1.0M | 0.12% | 10,471 | Common | SOLE |
| 922907746 | VTEB | VANGUARD MUN BD FDS | $936,528 | 0.11% | 18,874 | Common | SOLE |
| 808524730 | FNDE | SCHWAB STRATEGIC TR | $903,528 | 0.11% | 29,335 | Common | SOLE |
| 92204A702 | VGT | VANGUARD WORLD FD | $858,947 | 0.10% | 1,584 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $710,397 | 0.09% | 1,513 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $705,172 | 0.08% | 3,024 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $696,445 | 0.08% | 3,324 | Common | SOLE |
| 92203C303 | VUSB | VANGUARD BD INDEX FDS | $686,304 | 0.08% | 13,766 | Common | SOLE |
| 03073E105 | COR | CENCORA INC | $681,321 | 0.08% | 2,450 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $678,570 | 0.08% | 2,355 | Common | SOLE |
| 92203J407 | BNDX | VANGUARD CHARLOTTE FDS | $669,076 | 0.08% | 13,705 | Common | SOLE |
| 464288273 | SCZ | ISHARES TR | $594,451 | 0.07% | 9,357 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $586,453 | 0.07% | 8,169 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $575,735 | 0.07% | 5,312 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $567,499 | 0.07% | 3,670 | Common | SOLE |
| 744573106 | PEG | PUBLIC SVC ENTERPRISE GRP IN | $557,007 | 0.07% | 6,768 | Common | SOLE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $555,818 | 0.07% | 4,310 | Common | SOLE |
| 464288281 | EMB | ISHARES TR | $548,251 | 0.07% | 6,052 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $500,698 | 0.06% | 1,932 | Common | SOLE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $498,254 | 0.06% | 6,319 | Common | SOLE |
| 922042676 | VNQI | VANGUARD INTL EQUITY INDEX F | $480,254 | 0.06% | 11,870 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $475,595 | 0.06% | 2,008 | Common | SOLE |
| 464287507 | IJH | ISHARES TR | $472,052 | 0.06% | 8,090 | Common | SOLE |
| 011659109 | ALK | ALASKA AIR GROUP INC | $452,209 | 0.05% | 9,188 | Common | SOLE |
| 00326A104 | SGOL | ETFS GOLD TR | $447,300 | 0.05% | 15,000 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $424,302 | 0.05% | 455 | Common | SOLE |
| 921910725 | VSGX | VANGUARD WORLD FD | $412,802 | 0.05% | 6,999 | Common | SOLE |
| 25434V708 | DFAC | DIMENSIONAL ETF TRUST | $393,406 | 0.05% | 11,925 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $389,222 | 0.05% | 3,550 | Common | SOLE |
| 46435G672 | IAGG | ISHARES TR | $384,574 | 0.05% | 7,693 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $376,678 | 0.05% | 6,104 | Common | SOLE |
| 92826C839 | V | VISA INC | $375,002 | 0.05% | 1,070 | Common | SOLE |
| 922908652 | VXF | VANGUARD INDEX FDS | $365,536 | 0.04% | 2,122 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $341,634 | 0.04% | 11,024 | Common | SOLE |
| 464288810 | IHI | ISHARES TR | $338,870 | 0.04% | 5,630 | Common | SOLE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $335,155 | 0.04% | 9,205 | Common | SOLE |
| 922908611 | VBR | VANGUARD INDEX FDS | $333,087 | 0.04% | 1,788 | Common | SOLE |
| 922908595 | VBK | VANGUARD INDEX FDS | $318,741 | 0.04% | 1,266 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $302,872 | 0.04% | 1,892 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $299,764 | 0.04% | 956 | Common | SOLE |
| 464287226 | AGG | ISHARES TR | $293,991 | 0.04% | 2,972 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $276,523 | 0.03% | 538 | Common | SOLE |
| 025537101 | AEP | AMERICAN ELEC PWR CO INC | $267,931 | 0.03% | 2,452 | Common | SOLE |
| 921910733 | ESGV | VANGUARD WORLD FD | $243,014 | 0.03% | 2,481 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $238,037 | 0.03% | 413 | Common | SOLE |
| 46434G863 | ESGE | ISHARES INC | $231,369 | 0.03% | 6,620 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $231,055 | 0.03% | 4,936 | Common | SOLE |
| 055622104 | BP | BP PLC | $226,606 | 0.03% | 6,706 | Common | SOLE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $225,984 | 0.03% | 8,502 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $223,340 | 0.03% | 3,096 | Common | SOLE |
| 78464A409 | SPYG | SPDR SER TR | $221,581 | 0.03% | 2,757 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $214,732 | 0.03% | 1,905 | Common | SOLE |
| 387328107 | GVA | GRANITE CONSTR INC | $207,708 | 0.02% | 2,750 | Common | SOLE |
| 74347X831 | TQQQ | PROSHARES TR | $202,049 | 0.02% | 3,520 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $94,578 | 0.01% | 100 | CALL | SOLE |
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.