13F HOLDINGS REPORT
JOHN G ULLMAN & ASSOCIATES INC
Quarter ended Q4 2025 · Filed February 5, 2026 · Accession 0000919530-26-000001
Total Value
$750.0M
Positions
179
Other Managers
0
Confidential Omitted
No
Holdings (179)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR M F SPONS | 874039100 | 127,067 | $38.6M | 5.15% |
| 2 | EMERSON ELEC CO | EMR | 277,441 | $36.8M | 4.91% |
| 3 | CORNING INC | GLW | 383,531 | $33.6M | 4.48% |
| 4 | CISCO SYSTEMS INC | CSCO | 329,810 | $25.4M | 3.39% |
| 5 | TE CONNECTIVITY PLC F | TEL | 98,817 | $22.5M | 3.00% |
| 6 | BROADCOM INC | AVGO | 62,445 | $21.6M | 2.88% |
| 7 | OGE ENERGY CORP | OGE | 499,099 | $21.3M | 2.84% |
| 8 | ESSENTIAL UTILS INC | 29670g102 | 405,450 | $15.6M | 2.07% |
| 9 | AMAZON.COM INC | AMZN | 67,287 | $15.5M | 2.07% |
| 10 | MICROSOFT CORP | MSFT | 31,311 | $15.1M | 2.02% |
| 11 | IBM CORP | INTR | 48,695 | $14.4M | 1.92% |
| 12 | EVERSOURCE ENERGY | ES | 194,800 | $13.1M | 1.75% |
| 13 | EXXON MOBIL CORP | XOM | 105,167 | $12.7M | 1.69% |
| 14 | NEXTERA ENERGY INC | NEE-PW | 154,553 | $12.4M | 1.65% |
| 15 | BLOOM ENERGY CORP CLASS A | BE | 132,775 | $11.5M | 1.54% |
| 16 | DOMINION ENERGY INC | D | 193,488 | $11.3M | 1.51% |
| 17 | WESTERN DIGITAL CORP | WDC | 64,308 | $11.1M | 1.48% |
| 18 | AMERICAN TOWER CORP NEW REIT | AMT | 61,218 | $10.7M | 1.43% |
| 19 | MERCK & CO. INC. | MRK | 101,322 | $10.7M | 1.42% |
| 20 | PORTLAND GENERAL ELECTRIC CO | 736508847 | 217,784 | $10.5M | 1.39% |
| 21 | SCHLUMBERGER LTD F | SLB | 270,620 | $10.4M | 1.38% |
| 22 | CACI INTL INC CLASS A | 127190304 | 18,924 | $10.1M | 1.34% |
| 23 | LINDSAY CORP | LNN | 82,300 | $9.7M | 1.29% |
| 24 | FLOWSERVE CORP | FLS | 138,300 | $9.6M | 1.28% |
| 25 | GRANITE CONSTR INC | GVA | 75,105 | $8.7M | 1.16% |
| 26 | DISNEY WALT CO | 254687106 | 74,109 | $8.4M | 1.12% |
| 27 | BRISTOL-MYERS SQUIBB | CELG-RI | 149,940 | $8.1M | 1.08% |
| 28 | GENERAC HLDGS INC | GNRC | 57,525 | $7.8M | 1.05% |
| 29 | EQT CORP | EQT | 145,150 | $7.8M | 1.04% |
| 30 | ASTEC INDUSTRIES INC | 046224101 | 175,676 | $7.6M | 1.01% |
| 31 | M D U RESOURCES GRP | 552690109 | 389,420 | $7.6M | 1.01% |
| 32 | VULCAN MATLS CO | 929160109 | 24,834 | $7.1M | 0.94% |
| 33 | ALPHABET INC CLASS A | GOOG | 22,141 | $6.9M | 0.92% |
| 34 | THERMO FISHER SCIENTIFIC | TMO | 11,825 | $6.9M | 0.91% |
| 35 | INTEL CORP | INTC | 178,589 | $6.6M | 0.88% |
| 36 | EVERUS CONSTRUCTION GROUP ORD | EVEX-WT | 76,542 | $6.5M | 0.87% |
| 37 | TOMPKINS FINL CORP | 890110109 | 83,343 | $6.0M | 0.81% |
| 38 | EAGLE MATLS INC | EXP | 28,330 | $5.9M | 0.78% |
| 39 | JAZZ PHARMACEUTICALS P F | JAZZ | 34,400 | $5.8M | 0.78% |
| 40 | HONEYWELL INTL INC | 438516106 | 29,585 | $5.8M | 0.77% |
| 41 | BCE INC F | BCPPF | 233,327 | $5.6M | 0.74% |
| 42 | VANECK VIETNAM ETF | 92189f817 | 291,174 | $5.6M | 0.74% |
| 43 | NEW JERSEY RES CORP | NJR | 120,094 | $5.5M | 0.74% |
| 44 | NEXSTAR MEDIA GROUP INC | NXST | 26,875 | $5.5M | 0.73% |
| 45 | ITRON INC | ITRI | 58,681 | $5.4M | 0.73% |
| 46 | GORMAN RUPP CO CLASS EQUITY | GRC | 113,581 | $5.4M | 0.72% |
| 47 | STATE STR CORP | STT-PG | 41,618 | $5.4M | 0.72% |
| 48 | ALPHABET INC CLASS C | GOOG | 16,813 | $5.3M | 0.70% |
| 49 | COHERENT CORP | COHR | 27,850 | $5.1M | 0.69% |
| 50 | PFIZER INC | PFE | 206,065 | $5.1M | 0.68% |
| 51 | SYSCO CORP | SYY | 69,185 | $5.1M | 0.68% |
| 52 | LOWES COS INC | 548661107 | 20,055 | $4.8M | 0.64% |
| 53 | IDACORP INC | IDA | 38,079 | $4.8M | 0.64% |
| 54 | APPLE INC | AAPL | 16,758 | $4.6M | 0.61% |
| 55 | KEURIG DR PEPPER INC | KDP | 158,600 | $4.4M | 0.59% |
| 56 | SNOWFLAKE INC CLASS A | SNOW | 19,441 | $4.3M | 0.57% |
| 57 | ELECTRONIC ARTS INC | EA | 20,450 | $4.2M | 0.56% |
| 58 | ADOBE INC | ADBE | 11,845 | $4.1M | 0.55% |
| 59 | VANGUARD S&P 500 ETF | 922908363 | 6,606 | $4.1M | 0.55% |
| 60 | KNIFE RIVER ORD | KNF | 57,292 | $4.0M | 0.54% |
| 61 | SANDISK CORP SNDK | SNDK | 16,655 | $4.0M | 0.53% |
| 62 | GE HEALTHCARE TECHNOLOGI | GEHC | 47,759 | $3.9M | 0.52% |
| 63 | GSK PLC ADR F SPONSORED ADR 1 | GLAXF | 78,940 | $3.9M | 0.52% |
| 64 | CIENA CORP | CIEN | 16,500 | $3.9M | 0.51% |
| 65 | ABBOTT LABS | ABLZF | 29,763 | $3.7M | 0.50% |
| 66 | ORACLE CORP | ORCL-PD | 18,473 | $3.6M | 0.48% |
| 67 | BLACK HILLS CORP | BKH | 51,391 | $3.6M | 0.48% |
| 68 | UNITED THERAPEUTICS CORP | UTHR | 6,955 | $3.4M | 0.45% |
| 69 | WATTS WATER TECHNOLOGIES CLASS | WTS | 11,425 | $3.2M | 0.42% |
| 70 | SALESFORCE INC | CRM | 11,850 | $3.1M | 0.42% |
| 71 | PUBLIC SVC ENTERPRISE GR | 744573106 | 38,022 | $3.1M | 0.41% |
| 72 | EQUINOR ASA F SPONSORED ADR 1 | STOHF | 128,809 | $3.0M | 0.41% |
| 73 | ENCOMPASS HEALTH CORP | EHC | 27,450 | $2.9M | 0.39% |
| 74 | AMGEN INC | AMGN | 8,800 | $2.9M | 0.38% |
| 75 | TWILIO CL A ORD | TWLO | 19,216 | $2.7M | 0.36% |
| 76 | ELI LILLY AND CO | LLY | 2,430 | $2.6M | 0.35% |
| 77 | CROWN HLDGS INC | CCK | 25,114 | $2.6M | 0.34% |
| 78 | HALLIBURTON CO | HAL | 84,008 | $2.4M | 0.32% |
| 79 | GE VERNOVA INC | GEV | 3,479 | $2.3M | 0.30% |
| 80 | SOUTHERN CO | SOMN | 25,980 | $2.3M | 0.30% |
| 81 | VONTIER CORP | VNT | 60,421 | $2.2M | 0.30% |
| 82 | PAYPAL HLDGS INC | PYPL | 38,430 | $2.2M | 0.30% |
| 83 | SOLVENTUM CORP | SOLV | 27,248 | $2.2M | 0.29% |
| 84 | LUMENTUM HOLDINGS INC | LITE | 5,760 | $2.1M | 0.28% |
| 85 | MANHATTAN ASSOCIATES ORD | MANH | 12,150 | $2.1M | 0.28% |
| 86 | AGILENT TECHNOLOGIES INC | A | 15,175 | $2.1M | 0.28% |
| 87 | OTTER TAIL CORP | OTTR | 24,950 | $2.0M | 0.27% |
| 88 | SKANSKA AB F SPONSORED ADR 1 A | 830561205 | 72,766 | $2.0M | 0.27% |
| 89 | AZENTA INC | AZTA | 58,118 | $1.9M | 0.26% |
| 90 | ZIMMER BIOMET HLDGS INC | ZBH | 20,200 | $1.8M | 0.24% |
| 91 | WEBSTER FINL CORP | 947890109 | 27,700 | $1.7M | 0.23% |
| 92 | REGENERON PHARMS INC | REGN | 1,830 | $1.4M | 0.19% |
| 93 | PLANET FITNESS INC | PLNT | 12,400 | $1.3M | 0.18% |
| 94 | VANGUARD FTSE EMERGING MARKETS | 922042858 | 23,800 | $1.3M | 0.17% |
| 95 | ARGAN INC | AGX | 4,000 | $1.3M | 0.17% |
| 96 | HYDRO ONE LTD F | HYNLY | 29,700 | $1.2M | 0.16% |
| 97 | YORK WATER ORD | 987184108 | 37,050 | $1.2M | 0.16% |
| 98 | EAGLE BANCORP MONT INC | EBMT | 56,435 | $1.1M | 0.15% |
| 99 | HAEMONETICS | HAE | 13,600 | $1.1M | 0.15% |
| 100 | BOOKING HOLDINGS ORD | BKNG | 202 | $1.1M | 0.14% |
| 101 | WATERSTONE FINL INC MD | 94188p101 | 63,248 | $1.0M | 0.14% |
| 102 | ILLUMINA INC | ILMN | 7,825 | $1.0M | 0.14% |
| 103 | CHEVRON CORP NEW | CVX | 6,411 | $977,086 | 0.13% |
| 104 | JOHNSON CONTROLS INTER F | JCI | 8,099 | $969,855 | 0.13% |
| 105 | BERKSHIRE HATHAWAY CLASS B | BRK-A | 1,884 | $946,993 | 0.13% |
| 106 | SELECT SECTOR UTI SELECT SPDR | 81369y886 | 20,914 | $892,819 | 0.12% |
| 107 | MACOM TECHNOLOGY SOLUTIO | 55405y100 | 5,200 | $890,656 | 0.12% |
| 108 | CONSTELLATION ENERGY COR | CEG | 2,432 | $859,152 | 0.11% |
| 109 | GILEAD SCIENCES INC | GILD | 6,995 | $858,522 | 0.11% |
| 110 | MICRON TECHNOLOGY INC | MU | 2,963 | $845,670 | 0.11% |
| 111 | RBB BANCORP | RBB | 40,550 | $836,952 | 0.11% |
| 112 | SHELL PLC F SPONSORED ADR 1 AD | RYDAF | 11,100 | $815,628 | 0.11% |
| 113 | EMERA INC F | EMRJF | 15,800 | $778,718 | 0.10% |
| 114 | TERADATA CORP DEL | TDC | 25,400 | $773,176 | 0.10% |
| 115 | DUKE ENERGY CORP NEW | DUKB | 6,480 | $759,521 | 0.10% |
| 116 | BP P L C F SPONSORED ADR 1 ADR | BPPFF | 21,700 | $753,641 | 0.10% |
| 117 | ALLIANT ENERGY CORP | LNT | 11,300 | $734,613 | 0.10% |
| 118 | SMITH A O CORP | AOS | 9,700 | $648,736 | 0.09% |
| 119 | 3M CO | MMM | 3,900 | $624,390 | 0.08% |
| 120 | MODERNA INC | MRNA | 21,150 | $623,713 | 0.08% |
| 121 | TORTOISE ENERGY INFRASTR | TYG | 15,241 | $623,357 | 0.08% |
| 122 | APTIV PLC F | APTV | 8,150 | $620,133 | 0.08% |
| 123 | TEXAS INSTRS INC | 882508104 | 3,491 | $605,654 | 0.08% |
| 124 | LABCORP HLDGS INC | LH | 2,210 | $554,445 | 0.07% |
| 125 | ILLINOIS TOOL WKS INC | 452308109 | 2,175 | $535,702 | 0.07% |
| 126 | ACV AUCTIONS INC CLASS A | ACVA | 66,284 | $531,598 | 0.07% |
| 127 | ALGONQUIN PWR & UTILS F | 015857105 | 86,250 | $530,437 | 0.07% |
| 128 | BECTON DICKINSON & CO | BDX | 2,725 | $528,841 | 0.07% |
| 129 | FRANKLIN ELEC INC | FELE | 5,400 | $515,862 | 0.07% |
| 130 | FIRST BUSEY ORD | BUSEP | 21,480 | $511,009 | 0.07% |
| 131 | FISERV INC | FISV | 7,450 | $500,416 | 0.07% |
| 132 | PHILLIPS 66 | PSX | 3,850 | $496,804 | 0.07% |
| 133 | OCEANFIRST FINL CORP | 675234108 | 27,000 | $484,650 | 0.06% |
| 134 | GE AEROSPACE | 369604301 | 1,550 | $477,446 | 0.06% |
| 135 | CIRRUS LOGIC INC | CRUS | 3,900 | $462,150 | 0.06% |
| 136 | VANGUARD TOTAL STOCK MARKET ET | 922908769 | 1,354 | $453,956 | 0.06% |
| 137 | IQVIA HLDGS INC | IQV | 1,900 | $428,279 | 0.06% |
| 138 | AGCO CORP DEL | AGCO | 4,100 | $427,712 | 0.06% |
| 139 | NATIONAL BANK OF CANADA ORD | NBHC | 3,330 | $418,822 | 0.06% |
| 140 | GENERAL MTRS CO | 37045v100 | 5,050 | $410,666 | 0.05% |
| 141 | ITT INC | ITT | 2,295 | $398,205 | 0.05% |
| 142 | AMERICAN ELEC PWR CO INC | 025537101 | 3,390 | $390,901 | 0.05% |
| 143 | XYLEM INC | XYL | 2,830 | $385,389 | 0.05% |
| 144 | PALO ALTO NETWORKS INC | PANW | 2,082 | $383,504 | 0.05% |
| 145 | SHERWIN-WILLIAMS CO | SHW | 1,150 | $372,634 | 0.05% |
| 146 | THE COCA-COLA CO | KO | 5,217 | $364,720 | 0.05% |
| 147 | NORWOOD FINL CORP | NWFL | 12,600 | $353,430 | 0.05% |
| 148 | SEAGATE TECHNOLOGY HOLDINGS | SE | 1,238 | $340,933 | 0.05% |
| 149 | ISHS MSCI EMERG MRKT MIN VOL F | 464286533 | 5,300 | $339,412 | 0.05% |
| 150 | VANGUARD INFORMATION TECHNOLOG | 92204A702 | 445 | $335,432 | 0.04% |
| 151 | QUEST DIAGNOSTICS INC | DGX | 1,932 | $335,260 | 0.04% |
| 152 | TUTOR PERINI CORP | TPC | 5,000 | $335,100 | 0.04% |
| 153 | GERMAN AMERICAN BANCORP ORD | 373865104 | 8,190 | $320,884 | 0.04% |
| 154 | CRH ADR REPSG 1 ORD | CRH | 2,500 | $312,000 | 0.04% |
| 155 | NVIDIA CORP | NVDA | 1,596 | $297,630 | 0.04% |
| 156 | ALBEMARLE CORP | ALB-PA | 2,100 | $297,024 | 0.04% |
| 157 | ISHARES BIOTECHNOLOGY ETF | 464287556 | 1,700 | $286,909 | 0.04% |
| 158 | SOLSTICE ADVANCED MATERIALS OR | 83443Q103 | 5,899 | $286,573 | 0.04% |
| 159 | SPDR S&P REGIONAL BANKING ETF | 78464a698 | 4,300 | $278,683 | 0.04% |
| 160 | EATON CORP PLC F | ETN | 868 | $276,467 | 0.04% |
| 161 | INVSC WATER RESC PORTFOLIO ETF | IVZ | 3,920 | $276,005 | 0.04% |
| 162 | ROCHE HLDG LTD F SPONSORED ADR | 771195104 | 5,300 | $273,321 | 0.04% |
| 163 | WEC ENERGY GROUP INC | WEC | 2,566 | $270,610 | 0.04% |
| 164 | FIRSTENERGY CORP | FE | 5,400 | $241,758 | 0.03% |
| 165 | ABBVIE INC | ABBV | 1,055 | $241,057 | 0.03% |
| 166 | GOLDMAN SACHS GROUP INC | GSCE | 269 | $236,451 | 0.03% |
| 167 | INVSC QQQ TRUST SRS 1 ETF | IVZ | 379 | $232,823 | 0.03% |
| 168 | AMPHENOL CORP NEW CLASS A | 032095101 | 1,654 | $223,522 | 0.03% |
| 169 | META PLATFORMS INC CLASS A | META | 336 | $221,790 | 0.03% |
| 170 | FIDELITY ENHANCED SMALL CAP ET | 31609A206 | 5,847 | $220,898 | 0.03% |
| 171 | ROPER TECHNOLOGIES INC | ROP | 490 | $218,114 | 0.03% |
| 172 | MEXICO FUND INC | 592835102 | 10,600 | $213,484 | 0.03% |
| 173 | NOVARTIS AG | NVSEF | 1,530 | $210,941 | 0.03% |
| 174 | VANGUARD VALUE ETF | 922908744 | 1,090 | $208,179 | 0.03% |
| 175 | J P MORGAN CHASE & CO | VYLD | 633 | $203,867 | 0.03% |
| 176 | FORTIS INC F | FTRSF | 3,900 | $202,566 | 0.03% |
| 177 | GOODYEAR TIRE & RUBR CO | 382550101 | 17,300 | $151,548 | 0.02% |
| 178 | AMERISERV FINL INC | 03074a102 | 45,985 | $146,692 | 0.02% |
| 179 | AVALON ADVANCED MATERIALS INC | AVLNF | 18,750 | $683 | 0.00% |