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Covington Investment Advisors Inc.

CIK:0001569036
Investment Adviser
$215M AUM
71 holdings
Ligonier, PA, United States
Founded:2001
6 employees
Latest filing:Jun 30, 2025

Covington Investment Advisors, Inc. is a registered investment advisor (RIA) headquartered in Ligonier, Pennsylvania. The firm provides investment management services primarily to retail investors, employing a separate account structure rather than pooled investment vehicles. Founded in or before 2001, it operates with a small team and focuses on personalized wealth management solutions. Covington regularly monitors client accounts and offers quarterly performance reporting, serving individual investors seeking tailored investment strategies.

Investment Strategy

Covington Investment Advisors offers discretionary investment advisory services, focusing on the selection of stocks, mutual funds, exchange-traded funds (ETFs), and bonds. Each client's assets are managed in a separately managed account held at an independent custodian (Charles Schwab). The firm regularly monitors investments and provides performance reporting at least quarterly. Their approach involves the construction and management of customized portfolios to align with each client's objectives, emphasizing diversification and ongoing oversight.

Latest 13F Filing Activity

Covington Investment Advisors Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 68 equity positions with a total 13F market value of $700M. The fund increased holdings in Broadcom Inc., Microsoft Corp., Nvidia Corporation among other positions. Covington Investment Advisors Inc. reduced exposure to Accenture PLC Ireland, Hershey Co., Chevron Corp. New among others.

Top Buys
A
AVGOBROADCOM INC
+$14.4M
M
MSFTMICROSOFT CORP
+$11.6M
N
NVDANVIDIA CORPORATION
+$9.9M
S
SNPSSYNOPSYS INC
+$9.4M
M
METAMETA PLATFORMS INC
+$5.7M
Top Sells
A
ACNACCENTURE PLC IRELAND
-$13.7M
H
HSYHERSHEY CO
-$5.6M
C
CVXCHEVRON CORP NEW
-$5.4M
N
NSCNORFOLK SOUTHN CORP
-$4.5M
F
FIFISERV INC
-$3.8M

Top Holdings

M
MSFTMICROSOFT CORP
+6.7%$46.8M
G
GOOGALPHABET INC
+5.7%$40.2M
A
AVGOBROADCOM INC
+5.5%$38.7M
N
NVDANVIDIA CORPORATION
+4.4%$31.0M
A
AAPLAPPLE INC
+3.9%$27.6M

Equity Positions (68)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
MICROSOFT CORP6.68%$46.8M94,055$116.18$497.41+$11.6M
ALPHABET INC5.75%$40.2M226,722$80.51$177.39+$3.7M
BROADCOM INC5.53%$38.7M140,419$96.95$275.65+$14.4M
NVIDIA CORPORATION4.42%$31.0M195,933$110.27$157.99+$9.9M
APPLE INC3.95%$27.6M134,610$44.40$205.17-$2.6M

Industry Allocation

SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+16.7%
SEMICONDUCTORS & RELATED DEVICES
+12.0%
SERVICES-PREPACKAGED SOFTWARE
+7.6%
PHARMACEUTICAL PREPARATIONS
+4.8%
ELECTRONIC COMPUTERS
+4.5%