Hutchens & Kramer Investment Management Group, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Hutchens & Kramer Investment Management Group, LLC reported 173 stock positions worth $253.8 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 8.5% of the portfolio, followed by Avantis U.S. Equity ETF (AVUS, 7.9%) and PIMCO Multisector Bond Actv (PYLD, 6.1%). Compared with Q2 2025, it opened 28 new positions, sold out of 14, added to 66 and reduced 71. The biggest buy was Avantis U.S. Equity ETF (AVUS, shares +35%) and the biggest sale Dimensional US Core Equity 2 (DFAC, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- CARMEL, IN
- CIK
- 0001920117
- Portfolio Value
- $253.8M (Q3 2025)
- SEC Filing
- 0001951757-25-001251 ↗ filed Nov 3, 2025
Holdings Value
Holdings 173 stocks · $253.8M
| DFAC Dimensional US Core Equity 2 | 8.45% | 556,136 | $21.5M | Reduce -1.2% |
| AVUS Avantis U.S. Equity ETF | 7.95% | 185,534 | $20.2M | Add +34.7% |
| PYLD PIMCO Multisector Bond Actv | 6.13% | 579,651 | $15.6M | Add +47.1% |
| DCOR Dimensional US Core Eq 1 ETF | 5.66% | 199,747 | $14.4M | Reduce -1.8% |
| BOND PIMCO Active Bond Exchange-T | 4.61% | 125,284 | $11.7M | Add +21.9% |
| DFIC Dimensional International Co. | 4.57% | 353,369 | $11.6M | Reduce -1.9% |
| AVDE Avantis International Equity | 2.58% | 83,106 | $6.6M | Add +63.6% |
| LLY Eli Lilly & Co. | 2.54% | 8,437 | $6.4M | Reduce -1.7% |
| VOO Vanguard S&P 500 ETF | 2.51% | 10,412 | $6.4M | Reduce -5.2% |
| SGOV iShares 0-3 Month Treasury B | 2.36% | 59,379 | $6.0M | Add +99.8% |
| TFLO iShares Treasury Floating Ra | 2.07% | 104,059 | $5.3M | Add +109.0% |
| DFEM Dimensional Emrg MRKT Core | 1.74% | 137,749 | $4.4M | Reduce -1.6% |
| SCHX Schwab US Large-Cap ETF | 1.72% | 165,891 | $4.4M | Reduce -10.5% |
| XLG Invesco S&P 500 Top 50 ETF | 1.68% | 74,285 | $4.3M | Add +8.8% |
| MSFT Microsoft Corp. | 1.57% | 7,715 | $4.0M | Add +4.4% |
| DFCF Dimensional Core Fixed Inc. | 1.50% | 89,320 | $3.8M | Reduce -10.5% |
| AVEM Avantis Emerging Markets Eq | 1.42% | 48,111 | $3.6M | Add +30.5% |
| AAPL Apple Inc. | 1.32% | 13,117 | $3.3M | Add +1.3% |
| VEA Vanguard Ftse Developed ETF | 1.23% | 51,898 | $3.1M | Reduce -3.3% |
| NVDA Nvidia Corp. | 1.16% | 15,818 | $3.0M | Add +7.3% |
| AMZN Amazon.com Inc. | 1.13% | 13,079 | $2.9M | Reduce -0.2% |
| IVV iShares Core S&P 500 ETF | 1.06% | 4,009 | $2.7M | Reduce -3.1% |
| GLD SPDR Gold Shares | 1.01% | 7,201 | $2.6M | Reduce -8.2% |
| PG The Procter & Gamble Co. | 0.99% | 16,393 | $2.5M | Reduce -0.1% |
| XLK SS Technology Select Sector | 0.99% | 8,925 | $2.5M | Add +20.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.91% | 3,830 | $2.3M | Reduce -1.5% |
| AVGE Avantis All Eqty Mrkts ETF | 0.88% | 26,719 | $2.2M | Add +18.1% |
| META Meta Platforms Inc. Class A | 0.75% | 2,580 | $1.9M | Add +2.9% |
| IVW iShares S&P 500 Growth ETF | 0.74% | 15,528 | $1.9M | Reduce -5.3% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.71% | 30,358 | $1.8M | Add +3.4% |
| QUAL iShares MSCI USA Quality Fac | 0.67% | 8,757 | $1.7M | Reduce -10.8% |
| MA Mastercard Inc. Class A | 0.66% | 2,964 | $1.7M | Reduce -2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 2,424 | $1.6M | Add +25.4% |
| IVE iShares S&P 500 Value ETF | 0.59% | 7,231 | $1.5M | Reduce -3.1% |
| EFV iShares MSCI Eafe Value ETF | 0.56% | 20,805 | $1.4M | Reduce -15.2% |
| SHY iShares 1-3 Year Treasury Bo | 0.53% | 16,062 | $1.3M | Add +3.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.52% | 16,965 | $1.3M | Add +0.2% |
| APH Amphenol Corp. Class A | 0.49% | 10,019 | $1.2M | Reduce -1.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.47% | 25,460 | $1.2M | Reduce -16.1% |
| GOOGL Alphabet Inc. Class A | 0.46% | 4,786 | $1.2M | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 0.42% | 4,419 | $1.1M | Add +4.6% |
| ETN Eaton Corp. PLC | 0.42% | 2,854 | $1.1M | Add +2.0% |
| VNQ Vanguard Real Estate ETF | 0.42% | 11,554 | $1.1M | Add +73.6% |
| IEMG iShares Core MSCI Emerging | 0.42% | 15,997 | $1.1M | Add +1.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.41% | 3,206 | $1.1M | Add +44.1% |
| V Visa Inc. Class A | 0.41% | 3,063 | $1.0M | Reduce -3.3% |
| DFSD Dimensional Short Duration | 0.41% | 21,561 | $1.0M | Reduce -19.0% |
| VWO Vanguard Ftse Emerging Marke | 0.40% | 18,595 | $1.0M | Reduce -4.1% |
| QQQM Invesco Nasdaq 100 ETF | 0.39% | 4,040 | $998K | Reduce -0.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.39% | 5,274 | $984K | Reduce -1.7% |
| IBIT iShares Bitcoin Trust ETF | 0.38% | 14,811 | $963K | Add +37.4% |
| SCHW Schwab (charles) Corp. | 0.38% | 10,083 | $963K | Reduce -5.4% |
| ADP Automatic Data Processing | 0.37% | 3,199 | $939K | Reduce -1.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.34% | 6,037 | $873K | Reduce -7.1% |
| AVGO Broadcom Inc. | 0.34% | 2,578 | $850K | Add +6.1% |
| OEF iShares S&P 100 ETF | 0.31% | 2,393 | $796K | Add +84.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.31% | 6,892 | $785K | Reduce -34.9% |
| DSTL Distillate US Fundamental St | 0.30% | 12,990 | $753K | Reduce -4.9% |
| IXUS iShares Core Intl Stock ETF | 0.28% | 8,746 | $722K | Reduce -0.1% |
| CDNS Cadence Design SYS Inc. | 0.26% | 1,899 | $667K | Add +4.0% |
| VONG Vanguard Russell 1000 Growth | 0.26% | 5,501 | $663K | Reduce -0.2% |
| DFGR Dim Global Real Estate ETF | 0.26% | 24,091 | $658K | Reduce -6.3% |
| DFSV Dimensional US Small Cap Val | 0.26% | 20,427 | $650K | No change |
| VXF Vanguard Extended Market ETF | 0.25% | 2,979 | $624K | Reduce -3.3% |
| WELL Welltower Inc. | 0.24% | 3,449 | $614K | Add +3.8% |
| NFLX Netflix Inc. | 0.24% | 507 | $608K | Add +1.6% |
| DUHP Dimensional US High Profi Et | 0.23% | 15,564 | $588K | No change |
| IQV Iqvia Holdings Inc. | 0.23% | 3,069 | $583K | Reduce -2.6% |
| COO The Cooper Cos Inc. | 0.23% | 8,500 | $583K | Reduce -4.6% |
| BX Blackstone Inc. | 0.23% | 3,400 | $581K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.22% | 1,927 | $566K | Reduce -15.4% |
| LGLV SPDR US LC Low Vol Idx | 0.22% | 3,132 | $558K | Reduce -2.4% |
| JPM JPMorgan Chase & Co. | 0.21% | 1,727 | $545K | Reduce -4.7% |
| BAI Ishrs AI in and Tech Act ETF | 0.21% | 15,248 | $521K | New |
| LRCX Lam Research Corp. | 0.20% | 3,886 | $520K | Reduce -11.9% |
| MSI Motorola Solutions Inc. | 0.20% | 1,125 | $514K | Add +9.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.20% | 2,000 | $509K | Reduce -12.8% |
| COST Costco Wholesale Corp. | 0.20% | 544 | $504K | Reduce -1.1% |
| AMT American Tower Corp. | 0.19% | 2,546 | $490K | Reduce -42.7% |
| ROP Roper Technologies Inc. | 0.19% | 980 | $489K | Add +16.1% |
| THRO iShares U.S. Thematic Rotati | 0.19% | 12,558 | $475K | Reduce -2.9% |
| ABBV Abbvie Inc. | 0.18% | 2,010 | $465K | Add +1.9% |
| ELV Elevance Health Inc. | 0.18% | 1,390 | $449K | Reduce -16.7% |
| LH Labcorp Holdings Inc. | 0.18% | 1,558 | $447K | Add +0.7% |
| EME Emcor Group Inc. | 0.17% | 661 | $429K | Add +49.2% |
| CAT Caterpillar Inc. | 0.17% | 884 | $422K | Reduce -3.7% |
| ZTS Zoetis Inc. | 0.16% | 2,831 | $414K | Reduce -9.5% |
| TLH iShares 10-20 Year Treasury | 0.16% | 4,012 | $413K | Add +40.2% |
| CTAS Cintas Corp. | 0.16% | 1,961 | $403K | New |
| DLR Digital Realty Trust Inc. | 0.16% | 2,318 | $401K | Add +3.8% |
| ESGU iShares ESG Aware MSCI USA | 0.16% | 2,724 | $397K | Add +2.7% |
| SPEM State Street SP PTF Em ETF | 0.15% | 8,382 | $392K | Reduce -3.2% |
| FICO Fair Isaac Corp. | 0.15% | 261 | $391K | Add +7.4% |
| CCI Crown Castle Inc. | 0.15% | 3,979 | $384K | Add +24.6% |
| ECL Ecolab Inc. | 0.15% | 1,395 | $382K | Add +1.0% |
| KLAC KLA Corp. | 0.15% | 354 | $382K | Reduce -8.5% |
| SCHF Schwab Intl Equity ETF | 0.15% | 16,059 | $374K | Reduce -1.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.14% | 13,980 | $368K | No change |
| HLI Houlihan Lokey Inc. | 0.14% | 1,787 | $367K | Add +22.4% |
| SCHG Schwab US Large-Cap Growth | 0.14% | 11,367 | $363K | Reduce -23.1% |
Portfolio Sells Q2 2025 → Q3 2025
| DFAC Dimensional US Core Equity 2 | Reduce -1.2% | 8.45% | −0.85 |
| DCOR Dimensional US Core Eq 1 ETF | Reduce -1.8% | 5.66% | −0.60 |
| DFIC Dimensional International Co. | Reduce -1.9% | 4.57% | −0.57 |
| LLY Eli Lilly & Co. | Reduce -1.7% | 2.54% | −0.52 |
| DFCF Dimensional Core Fixed Inc. | Reduce -10.5% | 1.50% | −0.43 |
| SCHX Schwab US Large-Cap ETF | Reduce -10.5% | 1.72% | −0.36 |
| VOO Vanguard S&P 500 ETF | Reduce -5.2% | 2.51% | −0.35 |
| AMT American Tower Corp. | Reduce -42.7% | 0.19% | −0.26 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -34.9% | 0.31% | −0.23 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 0.99% | −0.22 |
| AMZN Amazon.com Inc. | Reduce -0.2% | 1.13% | −0.19 |
| VEA Vanguard Ftse Developed ETF | Reduce -3.3% | 1.23% | −0.18 |
| DFSD Dimensional Short Duration | Reduce -19.0% | 0.41% | −0.18 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -16.1% | 0.47% | −0.17 |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | Sold out | 0.00% | −0.17 |
| DFEM Dimensional Emrg MRKT Core | Reduce -1.6% | 1.74% | −0.17 |
| EFV iShares MSCI Eafe Value ETF | Reduce -15.2% | 0.56% | −0.16 |
| IYW iShares Ustechnology ETF | Reduce -58.7% | 0.11% | −0.16 |
| QUAL iShares MSCI USA Quality Fac | Reduce -10.8% | 0.67% | −0.16 |
| LPLA LPL Financial Holdings Inc. | Sold out | 0.00% | −0.14 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.13 |
| ELV Elevance Health Inc. | Reduce -16.7% | 0.18% | −0.13 |
| IT Gartner Inc. | Sold out | 0.00% | −0.12 |
| IVV iShares Core S&P 500 ETF | Reduce -3.1% | 1.06% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -2.0% | 0.66% | −0.12 |
| SILA Sila Realty Trust Inc. | Sold out | 0.00% | −0.12 |
| WRB WR Berkley Corp. | Sold out | 0.00% | −0.12 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.11 |
| FLEX Flex Ltd. | Sold out | 0.00% | −0.11 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.11 |
| V Visa Inc. Class A | Reduce -3.3% | 0.41% | −0.10 |
| SSNC Ss&c Technologies Holdings | Sold out | 0.00% | −0.10 |
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −0.10 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.10 |
| GLD SPDR Gold Shares | Reduce -8.2% | 1.01% | −0.10 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.10 |
| ADP Automatic Data Processing | Reduce -1.4% | 0.37% | −0.09 |
| IVE iShares S&P 500 Value ETF | Reduce -3.1% | 0.59% | −0.09 |
| IVW iShares S&P 500 Growth ETF | Reduce -5.3% | 0.74% | −0.08 |
| TDY Teledyne Technologies Inc. | Reduce -37.3% | 0.12% | −0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -15.4% | 0.22% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.5% | 0.91% | −0.07 |
| COO The Cooper Cos Inc. | Reduce -4.6% | 0.23% | −0.07 |
| SCHW Schwab (charles) Corp. | Reduce -5.4% | 0.38% | −0.07 |
| ZTS Zoetis Inc. | Reduce -9.5% | 0.16% | −0.07 |
| DFGR Dim Global Real Estate ETF | Reduce -6.3% | 0.26% | −0.06 |
| BR Broadridge Financial Solutio | Reduce -29.1% | 0.08% | −0.06 |
| DSTL Distillate US Fundamental St | Reduce -4.9% | 0.30% | −0.06 |
| SCHG Schwab US Large-Cap Growth | Reduce -23.1% | 0.14% | −0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.7% | 0.39% | −0.05 |
Portfolio Buys Q2 2025 → Q3 2025
| AVUS Avantis U.S. Equity ETF | Add +34.7% | 7.95% | +1.56 |
| PYLD PIMCO Multisector Bond Actv | Add +47.1% | 6.13% | +1.36 |
| SGOV iShares 0-3 Month Treasury B | Add +99.8% | 2.36% | +0.99 |
| TFLO iShares Treasury Floating Ra | Add +109.0% | 2.07% | +0.92 |
| AVDE Avantis International Equity | Add +63.6% | 2.58% | +0.86 |
| BOND PIMCO Active Bond Exchange-T | Add +21.9% | 4.61% | +0.29 |
| AVEM Avantis Emerging Markets Eq | Add +30.5% | 1.42% | +0.26 |
| BAI Ishrs AI in and Tech Act ETF | New | 0.21% | +0.21 |
| CTAS Cintas Corp. | New | 0.16% | +0.16 |
| VNQ Vanguard Real Estate ETF | Add +73.6% | 0.42% | +0.14 |
| XLK SS Technology Select Sector | Add +20.3% | 0.99% | +0.14 |
| OEF iShares S&P 100 ETF | Add +84.9% | 0.31% | +0.13 |
| NVDA Nvidia Corp. | Add +7.3% | 1.16% | +0.13 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.12% | +0.12 |
| ORCL Oracle Corp. | New | 0.11% | +0.11 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.11% | +0.11 |
| VTI VG Morningstar TS MKT ETF-US | Add +44.1% | 0.41% | +0.10 |
| INTU Intuit Inc. | New | 0.10% | +0.10 |
| AMP Ameriprise Financial Inc. | New | 0.10% | +0.10 |
| UGL Proshares Ultra Gold | New | 0.10% | +0.10 |
| JEPI JPMorgan Equity Premium Inco | New | 0.09% | +0.09 |
| POOL Pool Corp. | New | 0.09% | +0.09 |
| STRL Sterling Infrastructure Inc. | New | 0.09% | +0.09 |
| PNR Pentair PLC | New | 0.09% | +0.09 |
| RBLX Roblox Corp. Class A | New | 0.09% | +0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +25.4% | 0.64% | +0.09 |
| MSCI MSCI Inc. | New | 0.09% | +0.09 |
| OSIS Osi Systems Inc. | New | 0.09% | +0.09 |
| ITA iShares U.S. Aerospace & Def | New | 0.09% | +0.09 |
| DPZ Domino's Pizza Inc. | New | 0.09% | +0.09 |
| WST West Pharmaceutical Services | New | 0.09% | +0.09 |
| ENSG The Ensign Group Inc. | New | 0.09% | +0.09 |
| IRM Iron Mountain Inc. | New | 0.09% | +0.09 |
| RTX RTX Corp. | New | 0.08% | +0.08 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.08% | +0.08 |
| IBIT iShares Bitcoin Trust ETF | Add +37.4% | 0.38% | +0.08 |
| ZS Zscaler Inc. | New | 0.08% | +0.08 |
| SPMO Invesco S&P 500 Momentum ETF | New | 0.08% | +0.08 |
| AAPL Apple Inc. | Add +1.3% | 1.32% | +0.08 |
| AYI Acuity Inc. | New | 0.08% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +4.6% | 0.42% | +0.08 |
| CW Curtiss-Wright Corp. | New | 0.08% | +0.08 |
| PRIM Primoris Services Corp. | New | 0.08% | +0.08 |
| LRN Stride Inc. | New | 0.08% | +0.08 |
| AVGE Avantis All Eqty Mrkts ETF | Add +18.1% | 0.88% | +0.07 |
| XLG Invesco S&P 500 Top 50 ETF | Add +8.8% | 1.68% | +0.06 |
| EME Emcor Group Inc. | Add +49.2% | 0.17% | +0.06 |
| AVGO Broadcom Inc. | Add +6.1% | 0.34% | +0.04 |
| TLH iShares 10-20 Year Treasury | Add +40.2% | 0.16% | +0.03 |
| MPWR Monolithic Power Systems Inc. | Add +21.5% | 0.13% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 160 | $373.3M | AVUS, DFAC, PYLD, DCOR, DFIC |
| Q1 2026 | 149 | $316.5M | AVUS, DFAC, PYLD, BOND, DCOR |
| Q4 2025 | 177 | $289.5M | AVUS, DFAC, PYLD, BOND, DCOR |
| Q3 2025 | 173 | $253.8M | DFAC, AVUS, PYLD, DCOR, BOND |
| Q2 2025 | 159 | $218.1M | DFAC, AVUS, DCOR, DFIC, PYLD |
| Q1 2025 | 159 | $181.7M | DFAC, DCOR, DFIC, LLY, AVUS |
| Q4 2024 | 159 | $184.2M | DFAC, DCOR, LLY, DFIC, DFCF |
| Q3 2024 | 158 | $180.3M | DFAC, DCOR, LLY, DFIC, DFCF |
| Q2 2024 | 147 | $181.1M | LLY, DFAC, MSFT, DFCF, DFIC |
| Q1 2024 | 149 | $169.0M | LLY, DFAC, MSFT, DFCF, DFIC |