13F HOLDINGS REPORT
CUTLER INVESTMENT COUNSEL LLC
Quarter ended Q4 2025 · Filed February 12, 2026 · Accession 0002085853-26-000254
Total Value
$961.3M
Positions
144
Other Managers
0
Confidential Omitted
No
Holdings (144)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908629 | 161,555 | $46.9M | 4.88% |
| 2 | ISHARES TR | 46432F842 | 498,407 | $44.6M | 4.64% |
| 3 | ISHARES TR | 464288646 | 840,439 | $44.4M | 4.62% |
| 4 | SPDR INDEX SHS FDS | 78463X509 | 816,599 | $38.2M | 3.98% |
| 5 | J P MORGAN EXCHANGE TRADED F | 46641Q134 | 465,225 | $34.8M | 3.62% |
| 6 | MICROSOFT CORP | MSFT | 68,345 | $33.1M | 3.44% |
| 7 | ISHARES TR | 464287671 | 192,634 | $32.4M | 3.37% |
| 8 | VANGUARD INDEX FDS | 922908736 | 59,533 | $29.0M | 3.02% |
| 9 | SPDR SERIES TRUST | 78464A649 | 1,103,313 | $28.4M | 2.96% |
| 10 | CATERPILLAR INC | CAT | 47,154 | $27.0M | 2.81% |
| 11 | ISHARES TR | 46429B267 | 1,102,938 | $25.4M | 2.64% |
| 12 | WALMART INC | WMT | 221,338 | $24.7M | 2.57% |
| 13 | ISHARES TR | 464287804 | 202,824 | $24.4M | 2.54% |
| 14 | RTX CORPORATION | RTX | 116,338 | $21.3M | 2.22% |
| 15 | BLACKROCK INC | BLK | 17,861 | $19.1M | 1.99% |
| 16 | SCHWAB CHARLES CORP | SCHW-PJ | 188,026 | $18.8M | 1.95% |
| 17 | REPUBLIC SVCS INC | 760759100 | 78,836 | $16.7M | 1.74% |
| 18 | HOME DEPOT INC | HD | 46,810 | $16.1M | 1.68% |
| 19 | MCDONALDS CORP | MCD | 51,082 | $15.6M | 1.62% |
| 20 | DEERE & CO | DE | 32,791 | $15.3M | 1.59% |
| 21 | JPMORGAN CHASE & CO. | VYLD | 45,906 | $14.8M | 1.54% |
| 22 | EXXON MOBIL CORP | XOM | 119,536 | $14.4M | 1.50% |
| 23 | INTERNATIONAL BUSINESS MACHS | INTR | 42,646 | $12.6M | 1.31% |
| 24 | CVS HEALTH CORP | CVS | 151,681 | $12.0M | 1.25% |
| 25 | MEDTRONIC PLC | MDT | 117,479 | $11.4M | 1.18% |
| 26 | KROGER CO | KR | 177,485 | $11.1M | 1.15% |
| 27 | SPDR SERIES TRUST | 78464A854 | 137,541 | $11.0M | 1.15% |
| 28 | NEXTERA ENERGY INC | NEE-PW | 135,352 | $10.9M | 1.13% |
| 29 | JOHNSON & JOHNSON | JNJ | 50,177 | $10.4M | 1.08% |
| 30 | CHEVRON CORP NEW | CVX | 67,738 | $10.3M | 1.07% |
| 31 | INVESCO EXCHANGE TRADED FD T | IVZ | 218,806 | $10.2M | 1.06% |
| 32 | TEXAS INSTRS INC | 882508104 | 57,011 | $9.9M | 1.03% |
| 33 | VERIZON COMMUNICATIONS INC | VZ | 236,481 | $9.6M | 1.00% |
| 34 | MERCK & CO INC | MRK | 88,580 | $9.4M | 0.98% |
| 35 | PNC FINL SVCS GROUP INC | 693475105 | 44,546 | $9.3M | 0.97% |
| 36 | ISHARES TR | 464287200 | 13,532 | $9.3M | 0.96% |
| 37 | VANGUARD INTL EQUITY INDEX F | 922042718 | 61,864 | $8.9M | 0.92% |
| 38 | VANECK ETF TRUST | 92189H300 | 336,869 | $8.7M | 0.90% |
| 39 | PROCTER AND GAMBLE CO | 742718109 | 60,146 | $8.6M | 0.90% |
| 40 | PEPSICO INC | PEP | 57,369 | $8.3M | 0.86% |
| 41 | ISHARES TR | 46434V647 | 323,641 | $8.1M | 0.84% |
| 42 | BECTON DICKINSON & CO | BDX | 41,450 | $8.0M | 0.84% |
| 43 | M & T BK CORP | 55261F104 | 39,223 | $7.9M | 0.82% |
| 44 | CARRIER GLOBAL CORPORATION | CARR | 148,583 | $7.9M | 0.82% |
| 45 | NIKE INC | NKE | 120,391 | $7.7M | 0.80% |
| 46 | ISHARES TR | 46429B689 | 85,432 | $7.4M | 0.77% |
| 47 | VANGUARD BD INDEX FDS | 921937819 | 91,302 | $7.1M | 0.74% |
| 48 | APPLE INC | AAPL | 25,201 | $6.9M | 0.71% |
| 49 | VANGUARD INDEX FDS | 922908769 | 19,724 | $6.6M | 0.69% |
| 50 | VANGUARD INDEX FDS | 922908744 | 32,640 | $6.2M | 0.65% |
| 51 | VANGUARD TAX-MANAGED FDS | 921943858 | 94,024 | $5.9M | 0.61% |
| 52 | SCHWAB STRATEGIC TR | 808524607 | 182,517 | $5.2M | 0.54% |
| 53 | INVESCO EXCH TRADED FD TR II | IVZ | 104,096 | $4.4M | 0.46% |
| 54 | LENNAR CORP | LEN-B | 42,464 | $4.4M | 0.45% |
| 55 | SCHWAB STRATEGIC TR | 808524797 | 159,122 | $4.4M | 0.45% |
| 56 | PFIZER INC | PFE | 165,269 | $4.1M | 0.43% |
| 57 | S&P GLOBAL INC | SPGI | 7,590 | $4.0M | 0.41% |
| 58 | QNITY ELECTRONICS INC | Q | 48,546 | $4.0M | 0.41% |
| 59 | VANGUARD INTL EQUITY INDEX F | 922042858 | 72,606 | $3.9M | 0.41% |
| 60 | DUPONT DE NEMOURS INC | DD | 89,789 | $3.6M | 0.38% |
| 61 | VANGUARD BD INDEX FDS | 921937835 | 45,954 | $3.4M | 0.35% |
| 62 | PROSHARES TR | 74348A467 | 32,226 | $3.4M | 0.35% |
| 63 | AMAZON COM INC | AMZN | 13,169 | $3.0M | 0.32% |
| 64 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 5,553 | $2.8M | 0.29% |
| 65 | VANGUARD INTL EQUITY INDEX F | 922042742 | 19,266 | $2.7M | 0.28% |
| 66 | COSTCO WHSL CORP NEW | 22160K105 | 2,931 | $2.5M | 0.26% |
| 67 | MISSION PRODUCE INC | AVO | 211,750 | $2.5M | 0.26% |
| 68 | SCHWAB STRATEGIC TR | 808524748 | 54,729 | $2.4M | 0.25% |
| 69 | ALPHABET INC | GOOG | 7,475 | $2.3M | 0.24% |
| 70 | SCHWAB STRATEGIC TR | 808524763 | 71,662 | $2.3M | 0.23% |
| 71 | VANGUARD INDEX FDS | 922908553 | 24,817 | $2.2M | 0.23% |
| 72 | SCHWAB STRATEGIC TR | 808524755 | 47,642 | $2.2M | 0.22% |
| 73 | SCHWAB STRATEGIC TR | 808524201 | 72,018 | $1.9M | 0.20% |
| 74 | VANGUARD SPECIALIZED FUNDS | 921908844 | 8,506 | $1.9M | 0.19% |
| 75 | VANGUARD SCOTTSDALE FDS | 92206C409 | 23,281 | $1.9M | 0.19% |
| 76 | SPDR S&P 500 ETF TR | SPY | 2,480 | $1.7M | 0.18% |
| 77 | NVIDIA CORPORATION | NVDA | 8,470 | $1.6M | 0.16% |
| 78 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 2 | $1.5M | 0.16% |
| 79 | VANGUARD CHARLOTTE FDS | 92203J407 | 28,109 | $1.4M | 0.14% |
| 80 | TESLA INC | TSLA | 2,901 | $1.3M | 0.14% |
| 81 | VANGUARD MUN BD FDS | 922907746 | 22,944 | $1.2M | 0.12% |
| 82 | INVESCO QQQ TR | IVZ | 1,824 | $1.1M | 0.12% |
| 83 | SCHWAB STRATEGIC TR | 808524730 | 30,729 | $1.1M | 0.12% |
| 84 | ALPHABET INC | GOOG | 3,476 | $1.1M | 0.11% |
| 85 | VANGUARD WORLD FD | 92204A702 | 1,415 | $1.1M | 0.11% |
| 86 | SPDR GOLD TR | GLD | 2,511 | $995,135 | 0.10% |
| 87 | SCHWAB STRATEGIC TR | 808524771 | 34,886 | $949,244 | 0.10% |
| 88 | SCHWAB STRATEGIC TR | 808524839 | 38,894 | $908,943 | 0.09% |
| 89 | CENCORA INC | COR | 2,451 | $827,826 | 0.09% |
| 90 | ISHARES SILVER TR | SLV | 12,286 | $791,465 | 0.08% |
| 91 | WELLS FARGO CO NEW | 949746101 | 8,359 | $779,059 | 0.08% |
| 92 | LOWES COS INC | 548661107 | 3,028 | $730,113 | 0.08% |
| 93 | ABBVIE INC | ABBV | 3,179 | $726,370 | 0.08% |
| 94 | STARBUCKS CORP | SBUX | 8,214 | $691,717 | 0.07% |
| 95 | ETFS GOLD TR | 00326A104 | 16,586 | $681,353 | 0.07% |
| 96 | ISHARES TR | 464288273 | 8,407 | $651,795 | 0.07% |
| 97 | VANGUARD WHITEHALL FDS | 921946406 | 4,310 | $618,572 | 0.06% |
| 98 | NORFOLK SOUTHN CORP | 655844108 | 2,008 | $579,750 | 0.06% |
| 99 | ISHARES TR | 464288281 | 5,819 | $560,254 | 0.06% |
| 100 | PUBLIC SVC ENTERPRISE GRP IN | 744573106 | 6,768 | $543,471 | 0.06% |
| 101 | VANGUARD WORLD FD | 921910725 | 7,348 | $526,264 | 0.05% |
| 102 | SELECT SECTOR SPDR TR | 81369Y886 | 12,238 | $522,441 | 0.05% |
| 103 | ISHARES TR | 464287507 | 7,708 | $508,728 | 0.05% |
| 104 | CISCO SYS INC | CSCO | 6,274 | $483,287 | 0.05% |
| 105 | CUMMINS INC | CMI | 933 | $476,489 | 0.05% |
| 106 | EMERSON ELEC CO | EMR | 3,450 | $457,884 | 0.05% |
| 107 | NETFLIX INC | NFLX | 4,870 | $456,612 | 0.05% |
| 108 | DIMENSIONAL ETF TRUST | 25434V708 | 11,475 | $454,296 | 0.05% |
| 109 | VANGUARD WORLD FD | 921910733 | 3,746 | $453,117 | 0.05% |
| 110 | PIMCO ETF TR | 72201R833 | 4,328 | $435,830 | 0.05% |
| 111 | SCHWAB STRATEGIC TR | 808524409 | 14,478 | $428,682 | 0.04% |
| 112 | VANGUARD INDEX FDS | 922908652 | 2,020 | $422,423 | 0.04% |
| 113 | GRANITE CONSTR INC | GVA | 3,650 | $421,502 | 0.04% |
| 114 | SCHWAB STRATEGIC TR | 808524805 | 17,094 | $410,940 | 0.04% |
| 115 | SPDR INDEX SHS FDS | 78463X889 | 9,178 | $407,595 | 0.04% |
| 116 | VANGUARD INDEX FDS | 922908595 | 1,318 | $398,109 | 0.04% |
| 117 | VANGUARD INDEX FDS | 922908363 | 610 | $382,416 | 0.04% |
| 118 | BROADCOM INC | AVGO | 1,094 | $378,790 | 0.04% |
| 119 | VANGUARD INDEX FDS | 922908751 | 1,465 | $377,897 | 0.04% |
| 120 | VANGUARD INDEX FDS | 922908611 | 1,763 | $373,386 | 0.04% |
| 121 | VISA INC | V | 1,058 | $371,098 | 0.04% |
| 122 | ALASKA AIR GROUP INC | ALK | 7,238 | $364,047 | 0.04% |
| 123 | ISHARES TR | 464288810 | 5,793 | $360,035 | 0.04% |
| 124 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 1,122 | $341,867 | 0.04% |
| 125 | ISHARES TR | 464287226 | 3,314 | $331,003 | 0.03% |
| 126 | ISHARES INC | 46434G863 | 7,466 | $329,774 | 0.03% |
| 127 | ROYAL BK CDA | 780087102 | 1,835 | $312,850 | 0.03% |
| 128 | VANGUARD BD INDEX FDS | 92203C303 | 6,266 | $312,298 | 0.03% |
| 129 | META PLATFORMS INC | META | 456 | $301,022 | 0.03% |
| 130 | SPDR SERIES TRUST | 78464A409 | 2,757 | $294,172 | 0.03% |
| 131 | AMERICAN ELEC PWR CO INC | 025537101 | 2,406 | $277,436 | 0.03% |
| 132 | GLOBAL X FDS | 37954Y632 | 5,248 | $267,151 | 0.03% |
| 133 | ISHARES BITCOIN TRUST ETF | IBIT | 4,942 | $245,371 | 0.03% |
| 134 | INVESCO EXCH TRADED FD TR II | IVZ | 3,695 | $242,189 | 0.03% |
| 135 | VANGUARD INTL EQUITY INDEX F | 922042676 | 5,280 | $242,028 | 0.03% |
| 136 | BP PLC | BPPFF | 6,880 | $238,938 | 0.02% |
| 137 | ISHARES INC | 46434G103 | 3,456 | $232,313 | 0.02% |
| 138 | ISHARES TR | 464287614 | 488 | $230,885 | 0.02% |
| 139 | COCA COLA CO | KO | 3,177 | $222,094 | 0.02% |
| 140 | AMGEN INC | AMGN | 674 | $220,607 | 0.02% |
| 141 | PROSHARES TR | 74347X831 | 3,919 | $206,636 | 0.02% |
| 142 | IDAHO STRATEGIC RESOURCES | IDR | 5,000 | $201,500 | 0.02% |
| 143 | INVESCO QQQ TR | IVZ | 200 | $122,862 | 0.01% |
| 144 | REVIVA PHARMACEUTCLS HLDGS I | 76152G100 | 33,500 | $9,347 | 0.00% |