Covington Investment Advisors Inc.
Long book
$680.5M
Q1 2026
Positions
74
Top-10 weight
41%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsCovington Investment Advisors Inc. is a diversified fundamental manager, running a $680.5M US long book across 74 positions.
The portfolio is moderately concentrated (top 10 ≈ 41% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ALPHABET INC-CL C, BROADCOM INC, MICROSOFT CORP, LAM RESEARCH CORP, NVIDIA CORP.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.5%
Q2 2024
+6.6%
Q3 2024
+2.5%
Q4 2024
-4.2%
Q1 2025
+9.1%
Q2 2025
+8.7%
Q3 2025
+3.7%
Q4 2025
-2.7%
Q1 2026
+13.5%
Sector allocation
Technology 39%
Consumer discretionary 13%
Industrials 13%
Healthcare 8%
Financials 8%
Services media 5%
Other 3%
Energy 3%
Long book by quarter
What does Covington Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 178.8K | $51.3M | 7.5% | -9.3% |
| AVGO BROADCOM INC | Technology | 113.5K | $35.1M | 5.2% | -7.5% |
| MSFT MICROSOFT CORP | Technology | 82.3K | $30.5M | 4.5% | -4.2% |
| LRCX LAM RESEARCH CORP | Industrials | 141.5K | $30.2M | 4.4% | -7.3% |
| NVDA NVIDIA CORP | Technology | 159.7K | $27.9M | 4.1% | -5.6% |
| AAPL APPLE INC | Technology | 109.6K | $27.8M | 4.1% | -6.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 116.1K | $24.2M | 3.6% | -0.9% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 94.2K | $19.6M | 2.9% | -6.0% |
| LLY ELI LILLY & CO | Healthcare | 18.7K | $17.2M | 2.5% | -3.7% |
| ANET ARISTA NETWORKS INC | Technology | 137.6K | $16.9M | 2.5% | -7.3% |
| RTX RTX CORP | Industrials | 87.1K | $16.8M | 2.5% | -6.5% |
| V VISA INC-CLASS A SHARES | Services media | 52.6K | $15.9M | 2.3% | -2.5% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 28.7K | $14.1M | 2.1% | -5.1% |
| SPGI S&P GLOBAL INC | Services media | 31.1K | $13.2M | 1.9% | -1.3% |
| BLK BLACKROCK INC | Financials | 13.1K | $12.6M | 1.9% | -4.7% |
| COP CONOCOPHILLIPS | Energy | 94.1K | $12.4M | 1.8% | -6.3% |
| WSO WATSCO INC | Consumer discretionary | 34.1K | $12.4M | 1.8% | -2.2% |
| META META PLATFORMS INC-CLASS A | Technology | 20.9K | $11.9M | 1.8% | -1.3% |
| CAT CATERPILLAR INC | Industrials | 16.2K | $11.5M | 1.7% | -8.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 45.5K | $11.1M | 1.6% | -8.2% |
| DRI DARDEN RESTAURANTS INC | Consumer discretionary | 50.4K | $9.9M | 1.5% | -8.7% |
| TXN TEXAS INSTRUMENTS INC | Technology | 46.7K | $9.1M | 1.3% | -5.2% |
| A AGILENT TECHNOLOGIES INC | Healthcare | 78.7K | $9.0M | 1.3% | -4.7% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 29.1K | $8.5M | 1.2% | -5.8% |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 24.3K | $8.4M | 1.2% | -5.7% |
| WMT WALMART INC | Consumer discretionary | 66.9K | $8.3M | 1.2% | -6.1% |
| JPM JPMORGAN CHASE & CO | Financials | 28.1K | $8.3M | 1.2% | -5.9% |
| HD HOME DEPOT INC | Consumer discretionary | 24.6K | $8.1M | 1.2% | -7.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 25.3K | $7.8M | 1.2% | -5.8% |
| CTVA CORTEVA INC | Consumer staples | 91.9K | $7.7M | 1.1% | -5.6% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 33.4K | $7.5M | 1.1% | -4.8% |
| SNPS SYNOPSYS INC | Technology | 17.9K | $7.1M | 1.0% | +7.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 6.7K | $6.7M | 1.0% | -7.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 60.9K | $6.3M | 0.9% | -4.4% |
| DUK DUKE ENERGY CORP | Utilities | 42.3K | $5.5M | 0.8% | -8.5% |
| KO COCA-COLA CO/THE | Consumer staples | 71.6K | $5.4M | 0.8% | +1.8% |
| SYK STRYKER CORP | Healthcare | 16.2K | $5.3M | 0.8% | -10.9% |
| CVX CHEVRON CORP | Energy | 25.2K | $5.2M | 0.8% | -4.5% |
| WHD CACTUS INC - A | Industrials | 106.9K | $5.1M | 0.7% | -7.7% |
| PG PROCTER & GAMBLE CO/THE | Other | 34.8K | $5.0M | 0.7% | -5.4% |
| BX BLACKSTONE INC | Financials | 41.1K | $4.7M | 0.7% | -3.4% |
| PEP PEPSICO INC | Consumer staples | 26.8K | $4.2M | 0.6% | -7.6% |
| CEG CONSTELLATION ENERGY | Utilities | 13.4K | $3.7M | 0.6% | -3.5% |
| NEE NEXTERA ENERGY INC | Utilities | 39.4K | $3.7M | 0.5% | -9.3% |
| EXC EXELON CORP | Utilities | 53.3K | $2.6M | 0.4% | +0.2% |
| WAB WABTEC CORP | Industrials | 9.1K | $2.3M | 0.3% | -1.0% |
| PH PARKER HANNIFIN CORP | Industrials | 2.3K | $2.0M | 0.3% | -0.7% |
| GOOGL ALPHABET INC-CL A | Technology | 4.9K | $1.4M | 0.2% | -0.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.4K | $1.1M | 0.2% | Held |
| CB CHUBB LTD | Financials | 2.3K | $744K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 74 | $680.5M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 74 | $731.7M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 75 | $763.9M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 71 | $700.0M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 71 | $643.4M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ARESTATEMENT | May 13, 2025 | 72 | $666.3M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 72 | $1.1M | SEC ↗ | |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 71 | $665.2M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR/ARESTATEMENT | Nov 13, 2024 | 71 | $623.3M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 16, 2024 | 68 | $623K | SEC ↗ | |
| Q1 2024 | 13F-HR/ARESTATEMENT | Nov 13, 2024 | 72 | $613.4M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 65 | $583K | SEC ↗ |
Similar funds
DIAMANT ASSET MANAGEMENT, INC. LILLY ENDOWMENT INCBROOKFIELD Corp /ON/GQG Partners LLCMITSUBISHI UFJ FINANCIAL GROUP INCNewport Trust Company, LLCVIKING GLOBAL INVESTORS LPPARNASSUS INVESTMENTS, LLC MASTERCARD FOUNDATION ASSET MANAGEMENT CORPPZENA INVESTMENT MANAGEMENT LLCCOATUE MANAGEMENT LLCWinslow Capital Management, LLC