Arkolith/Funds/Cutler Investment Counsel LLC

Cutler Investment Counsel LLC

CIK 1285973
Holdings as of Jun 30, 2026·disclosed Jul 14, 2026·~14-day 13F lag·13F-HR
Active Filer

Cutler Investment Counsel LLC holds a diversified book of 157 reported positions worth $1.1B as of Q2 2026 (disclosed Jul 14, 2026, a ~14-day 13F lag). This quarter they opened Dupont De Nemours Inc and trimmed Caterpillar Inc. Their largest long position is Vanguard Mid-Cap ETF at 5% of the reported non-option book.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
22%
Top 10 holdings
37%
Top 20 holdings
56%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

47% mapped to company sectors

ETFs / funds
52%
Industrials
9%
Information Technology
8%
Financials
8%
Consumer Discretionary
6%
Health Care
4%
Energy
3%
Utilities
3%

+4 sectors below the cut, 6% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Cutler Investment Counsel LLC

Manager / fundShared namesTheir $ in those
Donor Advised Charitable Giving, Inc.8 / 80$4.4B
Swiss Re Ltd36 / 80$1.0B
Mirae Asset Global Investments Co., Ltd.60 / 80$276.0B
Ashford Advisors, LLC9 / 80$430.6M
Emerald Advisors, LLC38 / 80$688.4M
Gordian Advisors LLC30 / 80$146.0M
AdviceOne Advisory Services, LLC14 / 80$143.7M
Armstrong Henry H Associates Inc24 / 80$830.5M

Ranked by the share of each fund's own book sitting in the names it shares with Cutler Investment Counsel LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

157 positions
#SecurityValueShares% PortLast moveHistory
1Vanguard Index FDS
MID CAP ETF
$52.7M654.5K
5.0%
+306%
Added · +493K sh
2Ishares TR
CORE MSCI EAFE
$48.1M497.5K
4.5%
+1.4%
Added · +7K sh
3Ishares TR
ISHS 1-5YR INVS
$46.2M881.7K
4.4%
+3.4%
Added · +29K sh
4SPDR Index SHS FDS
ST PORT MARK ETF
$41.9M808.4K
3.9%
+0.8%
Added · +7K sh
5J P Morgan Exchange Traded F
INTRNL RES EQT
$39.6M480.4K
3.7%
+2.8%
Added · +13K sh
6Ishares TR
CORE S&P US GWT
$35.6M189.4K
3.4%
+0.6%
Added · +1K sh
7Caterpillar Inc
COM
$32.9M30.9K
3.1%
−18%
Reduced · −7K sh
8Ishares TR
CORE S&P SCP ETF
$30.9M208.3K
2.9%
+1.4%
Added · +3K sh
9Vanguard Index FDS
GROWTH ETF
$30.6M355.7K
2.9%
+505%
Added · +297K sh
10SPDR Series Trust
ST STR AGGRE ETF
$29.6M1.16M
2.8%
+3.7%
Added · +42K sh
11Ishares TR
US TREAS BD ETF
$26.2M1.15M
2.5%
+3.4%
Added · +38K sh
12Microsoft Corp
COM
$25.1M67.3K
2.4%
−0.4%
Reduced · −296 sh
13Walmart Inc
COM
$24.6M217.1K
2.3%
−0.2%
Reduced · −425 sh
14RTX Corporation
COM
$21.9M115.2K
2.1%
+0.2%
Added · +258 sh
15Deere & Co
COM
$20.5M32.3K
1.9%
−0.1%
Reduced · −38 sh
16Schwab Charles Corp
COM
$17.2M186.8K
1.6%
+0.3%
Added · +498 sh
17BlackRock Inc
COM
$16.9M17.5K
1.6%
+0.2%
Added · +31 sh
18Texas Instrs Inc
COM
$16.9M56.5K
1.6%
+0.3%
Added · +193 sh
19Republic Svcs Inc
COM
$16.5M77.5K
1.6%
~0%
Reduced · −15 sh
20Exxon Mobil Corp
COM
$16.3M119.4K
1.5%
+0.4%
Added · +441 sh
21NextEra Energy Inc
COM
$16.3M185.4K
1.5%
+38%
Added · +51K sh
22Home Depot Inc
COM
$16.2M46.0K
1.5%
−0.4%
Reduced · −182 sh
23CVS Health Corp
COM
$15.5M149.9K
1.5%
+0.3%
Added · +387 sh
24JPMorgan Chase & Co
COM
$14.9M45.6K
1.4%
−0.7%
Reduced · −301 sh
25SPDR Series Trust
ST STR P500ETF
$13.8M157.4K
1.3%
+7.9%
Added · +12K sh
26McDonalds Corp
COM
$13.6M50.4K
1.3%
+0.1%
Added · +65 sh
27Invesco Exchange Traded FD T
S&P500 PUR GWT
$13.1M204.7K
1.2%
−0.6%
Reduced · −1K sh
28Johnson & Johnson
COM
$12.7M50.0K
1.2%
+0.4%
Added · +223 sh
29International Business Machs
COM
$11.9M42.4K
1.1%
~0%
Added · +5 sh
30Merck & Co Inc
COM
$11.4M87.8K
1.1%
+0.1%
Added · +134 sh
31Chevron Corporation
COM
$10.9M66.0K
1.0%
+0.3%
Added · +202 sh
32PNC Finl Svcs Group Inc
COM
$10.8M44.0K
1.0%
−0.1%
Reduced · −52 sh
33Ishares TR
CORE S&P500 ETF
$10.7M14.2K
1.0%
+2.7%
Added · +373 sh
34Carrier Global Corporation
COM
$10.7M145.3K
1.0%
−0.1%
Reduced · −118 sh
35Verizon Communications Inc
COM
$9.9M233.7K
0.9%
+0.1%
Added · +181 sh
36Vanguard Intl Equity Index F
FTSE SMCAP ETF
$9.9M64.0K
0.9%
+2.9%
Added · +2K sh
37Kroger Co
COM
$9.7M174.8K
0.9%
−0.1%
Reduced · −171 sh
38Ishares TR
GLOBAL REIT ETF
$9.5M344.1K
0.9%
+4.0%
Added · +13K sh
39M & T BK Corp
COM
$9.2M38.7K
0.9%
~0%
Reduced · −11 sh
40Medtronic PLC
SHS
$9.0M114.6K
0.9%
−0.3%
Reduced · −323 sh
41Cisco Sys Inc
COM
$9.0M76.8K
0.8%
12×
Added · +70K sh
42Vaneck ETF Trust
JP MRGAN EM LOC
$8.7M341.4K
0.8%
+2.5%
Added · +8K sh
43Procter & Gamble Co
COM
$8.7M59.2K
0.8%
−0.6%
Reduced · −359 sh
44Schwab Strategic TR
US SML CAP ETF
$7.9M219.0K
0.7%
+8.5%
Added · +17K sh
45Vanguard BD Index FDS
INTERMED TERM
$7.9M102.8K
0.7%
+13%
Added · +12K sh
46Qnity Electronics Inc
COMMON STOCK
$7.8M47.9K
0.7%
+0.1%
Added · +40 sh
47Pepsico Inc
COM
$7.7M56.8K
0.7%
+0.3%
Added · +201 sh
48Vanguard Tax-Managed FDS
VAN FTSE DEV MKT
$7.7M107.6K
0.7%
+12%
Added · +11K sh
49Vanguard Index FDS
VALUE ETF
$7.6M34.8K
0.7%
+3.8%
Added · +1K sh
50Ishares TR
MSCI EAFE MIN VL
$7.0M80.3K
0.7%
−0.8%
Reduced · −669 sh
Showing 50 of 157 positions
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Filing history

As-of date vs the date the SEC received each filing

$1.1B · Q2 2026Q3 2024 · $792.7MQ2 2026 · $1.1B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Jul 14, 202614d157$1.1B13F-HR
Q1 2026Mar 31, 2026May 7, 202637d146$971.1M13F-HR
Q4 2025Dec 31, 2025Feb 12, 202643d144$961.3M13F-HR
Q3 2025Sep 30, 2025Nov 4, 202535d140$953.8M13F-HR
Q2 2025Jun 30, 2025Jul 28, 202528d138$898.7M13F-HR
Q1 2025Mar 31, 2025May 8, 202538d151$832.4M13F-HR
Q4 2024Dec 31, 2024Jan 31, 202531d128$803.8M13F-HR
Q3 2024Sep 30, 2024Nov 6, 202437d127$792.7M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.