Institutional
CUTLER INVESTMENT COUNSEL LLC
CIK 0001285973
$971.1M
Reported AUM
146
Positions
Q1 2026
Period
2026-05-07
Filed
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | VO | VANGUARD INDEX FDS | $78.53 | -2.06% | 16.36% | 40.57% | $46.3M | 4.77% | −288 | −0.2% |
| 2 | IGSB | ISHARES TR | $52.14 | -0.31% | 5.04% | 12.30% | $44.8M | 4.62% | +12,649 | +1.5% |
| 3 | IEFA | ISHARES TR | $95.56 | -2.60% | 18.86% | 46.61% | $44.4M | 4.58% | −7,585 | −1.5% |
| 4 | SPEM | SPDR INDEX SHS FDS | $50.53 | -4.04% | 23.98% | 35.82% | $37.6M | 3.87% | −14,957 | −1.8% |
| 5 | JIRE | J P MORGAN EXCHANGE TRADED F | $79.45 | -2.37% | 17.05% | 74.53% | $35.4M | 3.65% | +2,195 | +0.5% |
| 6 | IUSG | ISHARES TR | $184.13 | -3.72% | 28.17% | 82.97% | $29.2M | 3.01% | −4,469 | −2.3% |
| 7 | SPAB | SPDR SERIES TRUST | $25.37 | 0.20% | 5.35% | -1.39% | $28.7M | 2.95% | +15,545 | +1.4% |
| 8 | WMT | WALMART INC | $118.88 | 0.97% | 22.99% | 166.67% | $27.1M | 2.79% | −3,821 | −1.7% |
| 9 | CAT | CATERPILLAR INC | $904.28 | -3.85% | 158.69% | 378.33% | $26.8M | 2.76% | −9,331 | −19.8% |
| 10 | VUG | VANGUARD INDEX FDS | $85.93 | -3.62% | 22.71% | 78.84% | $25.7M | 2.65% | −709 | −1.2% |
| 11 | IJR | ISHARES TR | $137.68 | -1.84% | 29.63% | 34.80% | $25.5M | 2.63% | +2,561 | +1.3% |
| 12 | GOVT | ISHARES TR | $22.61 | -0.35% | 4.04% | -4.13% | $25.5M | 2.62% | +8,911 | +0.8% |
| 13 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | -10.71% | 52.39% | $25.0M | 2.58% | −788 | −1.2% |
| 14 | RTX | RTX CORPORATION | $180.99 | 0.88% | 32.19% | 132.37% | $22.2M | 2.28% | −1,373 | −1.2% |
| 15 | XOM | EXXON MOBIL CORP | $149.92 | -1.39% | 48.36% | 212.97% | $20.2M | 2.08% | −528 | −0.4% |
| 16 | DE | DEERE & CO | $583.44 | -1.40% | 13.67% | 71.87% | $18.3M | 1.88% | −441 | −1.3% |
| 17 | SCHW | SCHWAB CHARLES CORP | $88.84 | 0.95% | 1.95% | 39.71% | $17.5M | 1.80% | −1,695 | −0.9% |
| 18 | RSG | REPUBLIC SVCS INC | $210.04 | 1.02% | -16.06% | 88.43% | $17.0M | 1.75% | −1,309 | −1.7% |
| 19 | BLK | BLACKROCK INC | $995.60 | -2.64% | 3.32% | 29.52% | $16.8M | 1.73% | −361 | −2.0% |
| 20 | MCD | MCDONALDS CORP | $279.84 | 2.61% | -6.22% | 29.33% | $15.6M | 1.61% | −738 | −1.4% |
| 21 | HD | HOME DEPOT INC | $310.78 | 0.27% | -12.61% | 7.24% | $15.2M | 1.56% | −605 | −1.3% |
| 22 | CVX | CHEVRON CORPORATION | $187.31 | -0.55% | 39.19% | 125.88% | $13.6M | 1.40% | −1,932 | −2.9% |
| 23 | JPM | JPMORGAN CHASE & CO | $312.37 | 0.48% | 19.84% | 133.52% | $13.5M | 1.39% | +15 | +0.0% |
| 24 | KR | KROGER CO | $63.57 | 2.14% | -1.90% | 73.75% | $12.7M | 1.30% | −2,489 | −1.4% |
| 25 | NEE | NEXTERA ENERGY INC | $85.84 | 0.19% | 23.39% | 25.67% | $12.5M | 1.29% | −997 | −0.7% |
| 26 | JNJ | JOHNSON & JOHNSON | $232.77 | 2.02% | 53.90% | 55.59% | $12.2M | 1.25% | −354 | −0.7% |
| 27 | VZ | VERIZON COMMUNICATIONS INC | $45.37 | 1.11% | 10.56% | 10.94% | $11.7M | 1.21% | −2,972 | −1.3% |
| 28 | SPYM | SPDR SERIES TRUST | $86.81 | -2.58% | 24.60% | 80.04% | $11.2M | 1.15% | +8,241 | +6.0% |
| 29 | TXN | TEXAS INSTRS INC | $285.06 | -6.65% | 52.30% | 72.38% | $10.9M | 1.13% | −671 | −1.2% |
| 30 | CVS | CVS HEALTH CORP | $95.93 | 1.17% | 56.40% | 37.47% | $10.7M | 1.11% | −2,167 | −1.4% |
| 31 | MRK | MERCK & CO INC | $120.79 | 0.44% | — | — | $10.6M | 1.09% | −949 | −1.1% |
| 32 | IBM | INTERNATIONAL BUSINESS MACHS | $284.84 | -5.61% | — | — | $10.3M | 1.06% | −249 | −0.6% |
| 33 | MDT | MEDTRONIC PLC | $81.67 | -0.32% | — | — | $10.0M | 1.03% | −2,601 | −2.2% |
| 34 | RPG | INVESCO EXCHANGE TRADED FD T | $57.77 | -4.89% | — | — | $9.6M | 0.99% | −12,859 | −5.9% |
| 35 | PNC | PNC FINL SVCS GROUP INC | $228.37 | 0.57% | — | — | $9.2M | 0.94% | −483 | −1.1% |
| 36 | VSS | VANGUARD INTL EQUITY INDEX F | $154.39 | -3.51% | — | — | $9.1M | 0.93% | +301 | +0.5% |
| 37 | IVV | ISHARES TR | $740.91 | -2.62% | — | — | $9.1M | 0.93% | +329 | +2.4% |
| 38 | PEP | PEPSICO INC | $141.92 | -0.16% | — | — | $8.8M | 0.90% | −805 | −1.4% |
| 39 | PG | PROCTER & GAMBLE CO | $146.54 | 4.09% | — | — | $8.6M | 0.89% | −618 | −1.0% |
| 40 | EMLC | VANECK ETF TRUST | $25.15 | 0.00% | — | — | $8.4M | 0.86% | −3,731 | −1.1% |
| 41 | REET | ISHARES TR | $27.17 | 0.22% | — | — | $8.3M | 0.86% | +7,160 | +2.2% |
| 42 | CARR | CARRIER GLOBAL CORPORATION | $68.08 | 1.38% | — | — | $8.2M | 0.84% | −3,164 | −2.1% |
| 43 | MTB | M & T BK CORP | $223.95 | 0.68% | — | — | $8.0M | 0.82% | −470 | −1.2% |
| 44 | EFAV | ISHARES TR | $88.96 | -1.22% | — | — | $7.4M | 0.76% | −4,499 | −5.3% |
| 45 | PSX | PHILLIPS 66 | $183.08 | -0.58% | — | — | $7.2M | 0.74% | +39,285 | NEW |
| 46 | BIV | VANGUARD BD INDEX FDS | $76.05 | -0.51% | — | — | $7.0M | 0.72% | −84 | −0.1% |
| 47 | VTV | VANGUARD INDEX FDS | $212.02 | -1.36% | — | — | $6.6M | 0.68% | +835 | +2.6% |
| 48 | BDX | BECTON DICKINSON & CO | $151.16 | 1.07% | — | — | $6.4M | 0.66% | −882 | −2.1% |
| 49 | VEA | VANGUARD TAX-MANAGED FDS | $69.17 | -3.72% | — | — | $6.2M | 0.64% | +2,407 | +2.6% |
| 50 | AAPL | APPLE INC | $307.34 | -1.25% | — | — | $6.2M | 0.63% | −967 | −3.8% |
| 51 | VTI | VANGUARD INDEX FDS | $363.38 | -2.68% | — | — | $6.1M | 0.63% | −638 | −3.2% |
| 52 | SCHA | SCHWAB STRATEGIC TR | $33.19 | -3.41% | — | — | $5.9M | 0.60% | +19,283 | +10.6% |
| 53 | NKE | NIKE INC | $42.98 | -1.47% | — | — | $5.7M | 0.59% | −13,093 | −10.9% |
| 54 | Q | QNITY ELECTRONICS INC | $142.05 | -8.24% | — | — | $5.5M | 0.57% | −710 | −1.5% |
| 55 | SCHD | SCHWAB STRATEGIC TR | $32.30 | -0.89% | — | — | $4.8M | 0.50% | −2,173 | −1.4% |
| 56 | PFE | PFIZER INC | $26.04 | 1.36% | — | — | $4.6M | 0.47% | −2,152 | −1.3% |
| 57 | PDN | INVESCO EXCH TRADED FD TR II | $45.01 | -3.06% | — | — | $4.3M | 0.44% | −6,061 | −5.8% |
| 58 | DD | DUPONT DE NEMOURS INC | $46.85 | -1.68% | — | — | $4.1M | 0.42% | −1,224 | −1.4% |
| 59 | VWO | VANGUARD INTL EQUITY INDEX F | $58.03 | -3.78% | — | — | $4.0M | 0.41% | +999 | +1.4% |
| 60 | BND | VANGUARD BD INDEX FDS | $72.83 | -0.45% | — | — | $3.6M | 0.37% | +3,455 | +7.5% |
| 61 | LEN | LENNAR CORP | $89.47 | -1.12% | — | — | $3.6M | 0.37% | −725 | −1.7% |
| 62 | NOBL | PROSHARES TR | $54.53 | 0.66% | — | — | $3.4M | 0.35% | −344 | −1.1% |
| 63 | SPGI | S&P GLOBAL INC | $424.44 | 1.03% | — | — | $3.2M | 0.33% | — | HELD |
| 64 | AMZN | AMAZON COM INC | $246.03 | -3.06% | — | — | $3.0M | 0.31% | +1,294 | +9.8% |
| 65 | COST | COSTCO WHOLESALE CORPORATION | $971.87 | -0.05% | — | — | $2.9M | 0.30% | +22 | +0.8% |
| 66 | AVO | MISSION PRODUCE INC | $10.22 | -3.77% | — | — | $2.9M | 0.30% | — | HELD |
| 67 | VT | VANGUARD INTL EQUITY INDEX F | $153.68 | -3.07% | — | — | $2.8M | 0.29% | +863 | +4.5% |
| 68 | FNDC | SCHWAB STRATEGIC TR | $48.38 | -2.89% | — | — | $2.7M | 0.28% | +4,558 | +8.3% |
| 69 | BRK/B | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $2.7M | 0.28% | +116 | +2.1% |
| 70 | VNQ | VANGUARD INDEX FDS | $96.79 | 0.72% | — | — | $2.6M | 0.27% | +4,241 | +17.1% |
| 71 | FNDF | SCHWAB STRATEGIC TR | $52.60 | -3.82% | — | — | $2.6M | 0.26% | +4,853 | +10.2% |
| 72 | FNDA | SCHWAB STRATEGIC TR | $35.75 | -2.03% | — | — | $2.4M | 0.25% | +3,342 | +4.7% |
| 73 | GOOG | ALPHABET INC | $365.76 | -0.95% | — | — | $2.3M | 0.24% | +502 | +6.7% |
| 74 | FNDX | SCHWAB STRATEGIC TR | $30.74 | -1.66% | — | — | $2.1M | 0.22% | +41,058 | +117.7% |
| 75 | BNDX | VANGUARD CHARLOTTE FDS | $48.01 | -0.15% | — | — | $1.9M | 0.20% | +11,987 | +42.6% |
| 76 | SCHX | SCHWAB STRATEGIC TR | $29.05 | -2.65% | — | — | $1.8M | 0.19% | +11 | +0.0% |
| 77 | VIG | VANGUARD SPECIALIZED FUNDS | $233.28 | -1.37% | — | — | $1.8M | 0.19% | −101 | −1.2% |
| 78 | VCSH | VANGUARD SCOTTSDALE FDS | $78.61 | -0.29% | — | — | $1.8M | 0.18% | −1,098 | −4.7% |
| 79 | SPY | STATE STR SPDR S&P 500 ETF T | $737.55 | -2.58% | — | — | $1.5M | 0.15% | −193 | −7.8% |
| 80 | FNDE | SCHWAB STRATEGIC TR | $40.04 | -3.54% | — | — | $1.5M | 0.15% | +7,452 | +24.3% |
| 81 | NVDA | NVIDIA CORPORATION | $205.10 | -6.20% | — | — | $1.5M | 0.15% | −101 | −1.2% |
| 82 | BRK/A | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $1.4M | 0.15% | — | HELD |
| 83 | TSLA | TESLA INC | $391.00 | -6.56% | — | — | $1.1M | 0.12% | +154 | +5.3% |
| 84 | GOOGL | ALPHABET INC | $368.53 | -0.98% | — | — | $1.1M | 0.12% | +413 | +11.9% |
| 85 | QQQ | INVESCO QQQ TR | $705.06 | -4.80% | — | — | $1.1M | 0.11% | −183 | −9.0% |
| 86 | VTEB | VANGUARD MUN BD FDS | $50.30 | -0.16% | — | — | $1.1M | 0.11% | −1,800 | −7.8% |
| 87 | VGT | VANGUARD WORLD FD | $115.28 | -6.14% | — | — | $984K | 0.10% | −5 | −0.4% |
| 88 | SCHZ | SCHWAB STRATEGIC TR | $22.96 | -0.48% | — | — | $903K | 0.09% | +2 | +0.0% |
| 89 | GLD | SPDR GOLD TR | $396.24 | -3.65% | — | — | $815K | 0.08% | −616 | −24.5% |
| 90 | COR | CENCORA INC | $275.04 | 1.75% | — | — | $770K | 0.08% | — | HELD |
| 91 | IBRX | IMMUNITYBIO INC | $6.92 | -5.08% | — | — | $767K | 0.08% | +100,000 | NEW |
| 92 | SBUX | STARBUCKS CORP | $95.29 | 1.22% | — | — | $732K | 0.08% | −41 | −0.5% |
| 93 | LOW | LOWES COS INC | $210.74 | 1.55% | — | — | $715K | 0.07% | — | HELD |
| 94 | SGOL | ETFS GOLD TR | $41.12 | -3.61% | — | — | $698K | 0.07% | −950 | −5.7% |
| 95 | WMT2 | WELLS FARGO & CO | — | — | — | — | $670K | 0.07% | +58 | +0.7% |
| 96 | VYM | VANGUARD WHITEHALL FDS | $158.24 | -1.35% | — | — | $641K | 0.07% | +19 | +0.4% |
| 97 | SCZ | ISHARES TR | $83.52 | -2.53% | — | — | $632K | 0.07% | −350 | −4.2% |
| 98 | SLV | ISHARES SILVER TR | $61.57 | -8.08% | — | — | $631K | 0.07% | −3,020 | −24.6% |
| 99 | WAT | WATERS CORP | $365.36 | -2.95% | — | — | $617K | 0.06% | +2,073 | NEW |
| 100 | ABBV | ABBVIE INC | $227.23 | 1.02% | — | — | $585K | 0.06% | −491 | −15.4% |
| 101 | NSC | NORFOLK SOUTHN CORP | — | — | — | — | $576K | 0.06% | — | HELD |
| 102 | XLU | SELECT SECTOR SPDR TR | — | — | — | — | $562K | 0.06% | — | HELD |
| 103 | AVGO | BROADCOM INC | — | — | — | — | $556K | 0.06% | +704 | +64.4% |
| 104 | PEG | PUBLIC SVC ENTERPRISE GROUP | — | — | — | — | $548K | 0.06% | — | HELD |
| 105 | EMB | ISHARES TR | — | — | — | — | $537K | 0.06% | −101 | −1.7% |
| 106 | VSGX | VANGUARD WORLD FD | — | — | — | — | $523K | 0.05% | −53 | −0.7% |
| 107 | IJH | ISHARES TR | — | — | — | — | $521K | 0.05% | — | HELD |
| 108 | CSCO | CISCO SYS INC | — | — | — | — | $514K | 0.05% | +350 | +5.6% |
| 109 | CMI | CUMMINS INC | — | — | — | — | $490K | 0.05% | −23 | −2.5% |
| 110 | NFLX | NETFLIX INC. | — | — | — | — | $468K | 0.05% | — | HELD |
| 111 | EMR | EMERSON ELEC CO | — | — | — | — | $452K | 0.05% | — | HELD |
| 112 | DFAC | DIMENSIONAL ETF TRUST | — | — | — | — | $440K | 0.05% | −150 | −1.3% |
| 113 | ESGV | VANGUARD WORLD FD | — | — | — | — | $432K | 0.04% | +104 | +2.8% |
| 114 | MINT | PIMCO ETF TR | — | — | — | — | $432K | 0.04% | −32 | −0.7% |
| 115 | SCHF | SCHWAB STRATEGIC TR | — | — | — | — | $423K | 0.04% | — | HELD |
| 116 | SPDW | SPDR INDEX SHS FDS | — | — | — | — | $419K | 0.04% | — | HELD |
| 117 | VXF | VANGUARD INDEX FDS | — | — | — | — | $389K | 0.04% | −131 | −6.5% |
| 118 | VBK | VANGUARD INDEX FDS | — | — | — | — | $386K | 0.04% | −41 | −3.1% |
| 119 | VB | VANGUARD INDEX FDS | — | — | — | — | $384K | 0.04% | — | HELD |
| 120 | VBR | VANGUARD INDEX FDS | — | — | — | — | $383K | 0.04% | — | HELD |
| 121 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | — | — | — | — | $380K | 0.04% | — | HELD |
| 122 | VOO | VANGUARD INDEX FDS | — | — | — | — | $378K | 0.04% | +23 | +3.8% |
| 123 | SCHV | SCHWAB STRATEGIC TR | — | — | — | — | $377K | 0.04% | −2,123 | −14.7% |
| 124 | ESGE | ISHARES INC | — | — | — | — | $339K | 0.03% | — | HELD |
| 125 | AGG | ISHARES TR | — | — | — | — | $331K | 0.03% | +22 | +0.7% |
| 126 | GVA | GRANITE CONSTR INC | — | — | — | — | $330K | 0.03% | −900 | −24.7% |
| 127 | BP | BP PLC | — | — | — | — | $324K | 0.03% | +8 | +0.1% |
| 128 | V | VISA INC | — | — | — | — | $319K | 0.03% | −3 | −0.3% |
| 129 | VUSB | VANGUARD BD INDEX FDS | — | — | — | — | $312K | 0.03% | — | HELD |
| 130 | IHI | ISHARES TR | — | — | — | — | $303K | 0.03% | −120 | −2.1% |
| 131 | RY | ROYAL BK CDA | — | — | — | — | $294K | 0.03% | −16 | −0.9% |
| 132 | META | META PLATFORMS INC | — | — | — | — | $283K | 0.03% | +39 | +8.6% |
| 133 | AMGN | AMGEN INC | — | — | — | — | $272K | 0.03% | +98 | +14.5% |
| 134 | SPYG | SPDR SERIES TRUST | — | — | — | — | $270K | 0.03% | — | HELD |
| 135 | PXF | INVESCO EXCH TRADED FD TR II | — | — | — | — | $258K | 0.03% | — | HELD |
| 136 | KO | COCA COLA CO | — | — | — | — | $247K | 0.03% | +44 | +1.4% |
| 137 | IWF | ISHARES TR | — | — | — | — | $246K | 0.03% | +89 | +18.2% |
| 138 | VCIT | VANGUARD SCOTTSDALE FDS | — | — | — | — | $241K | 0.02% | +2,916 | NEW |
| 139 | IEMG | ISHARES INC | — | — | — | — | $241K | 0.02% | — | HELD |
| 140 | COP | CONOCOPHILLIPS | — | — | — | — | $230K | 0.02% | +1,743 | NEW |
| 141 | VNQI | VANGUARD INTL EQUITY INDEX F | — | — | — | — | $228K | 0.02% | −141 | −2.7% |
| 142 | AIQ | GLOBAL X FDS | — | — | — | — | $227K | 0.02% | −384 | −7.3% |
| 143 | LIT | GLOBAL X FDS | — | — | — | — | $221K | 0.02% | +2,972 | NEW |
| 144 | CNP | CENTERPOINT ENERGY INC | — | — | — | — | $214K | 0.02% | +4,962 | NEW |
| 145 | ALK | ALASKA AIR GROUP INC | — | — | — | — | $210K | 0.02% | −1,529 | −21.1% |
| 146 | EMXC | ISHARES INC | — | — | — | — | $201K | 0.02% | +2,557 | NEW |
| 147 | AEP | AMERICAN ELEC PWR CO INC | — | — | — | — | — | — | −2,406 | EXITED |
| 148 | IBIT | ISHARES BITCOIN TRUST ETF | — | — | — | — | — | — | −4,942 | EXITED |
| 149 | TQQQ | PROSHARES TR | — | — | — | — | — | — | −3,919 | EXITED |
| 150 | IDR | IDAHO STRATEGIC RESOURCES | — | — | — | — | — | — | −5,000 | EXITED |
| 151 | — | REVIVA PHARMACEUTCLS HLDGS I | — | — | — | — | — | — | −33,500 | EXITED |
Source: SEC EDGAR · accession 0002085853-26-000576. 13F discloses long positions only — shorts, foreign equities, and options are excluded.