Kuhn & Co Investment Counsel

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Kuhn & Co Investment Counsel reported 127 stock positions worth $118.6 million. Its top holding was Schwab Fndmn Intl LRG Co. ETF (FNDF) at 3.9% of the portfolio, followed by Apple (AAPL, 3.7%) and Cap Group Growth Equity (CGGR, 3.2%). Compared with Q4 2024, it opened 7 new positions, sold out of 8, added to 42 and reduced 12. The biggest buy was Schwab Fndmn Intl LRG Co. ETF (FNDF, shares +5%) and the biggest sale Nvidia (NVDA, shares −9%).

Most Recent 13F
Q2 2026
Location
Chicago, IL
CIK
0002011958
Portfolio Value
$118.6M (Q1 2025)
SEC Filing
0001172661-25-001870 ↗ filed May 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $106.4M Q1 2024 Q2 2024: $111.4M Q2 2024 Q3 2024: $117.2M Q3 2024 Q4 2024: $117.6M Q4 2024 Q1 2025: $118.6M $118.6M Q1 2025 Q2 2025: $132.3M Q2 2025 Q3 2025: $126.4M Q3 2025 Q4 2025: $150.1M Q4 2025 Q1 2026: $155.3M Q1 2026 Q2 2026: $173.0M Q2 2026

Holdings 127 stocks · $118.6M
FNDF Schwab Fndmn Intl LRG Co. ETF 3.87% 127,113 $4.6M Add +4.5%
AAPL Apple Inc. 3.68% 19,645 $4.4M Add +1.0%
CGGR Cap Group Growth Equity 3.18% 110,091 $3.8M Add +5.3%
VTV Vanguard Mrngstr Val ETF-Aui 3.03% 20,810 $3.6M Add +7.8%
NVDA Nvidia Corp. 2.96% 32,359 $3.5M Reduce -8.8%
VUG Vanguard Mrngstar GR ETF-Sui 2.85% 9,119 $3.4M Add +0.8%
WFC Wells Fargo & Co. 2.72% 45,003 $3.2M Add +0.1%
LLY Eli Lilly & Co. 2.33% 3,345 $2.8M Reduce -6.5%
AMZN Amazon.com Inc. 2.07% 12,884 $2.5M No change
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 2.03% 67,677 $2.4M Add +11.3%
VYM Vanguard High DVD Yield ETF 1.82% 16,777 $2.2M Add +0.4%
V Visa Inc. Class A 1.80% 6,096 $2.1M Reduce -7.9%
VTEB Vanguard Tax-Exempt Bond ETF 1.70% 40,720 $2.0M Add +5.9%
LIN Linde PLC 1.68% 4,288 $2.0M No change
ACN Accenture PLC Class A 1.62% 6,163 $1.9M No change
MODL Victoryshares Westend US Sec 1.52% 46,588 $1.8M Add +31.8%
FBND Fidelity Total Bond ETF 1.51% 39,125 $1.8M Add +23.6%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E 1.50% 74,280 $1.8M Add +3.2%
SPYG SS SPDR P S&P 500 Growth ETF 1.40% 20,695 $1.7M Add +8.5%
VYMI Vanguard Int High DVD YLD Inc. 1.31% 21,167 $1.6M Reduce -0.8%
ITW Illinois Tool Works 1.25% 5,985 $1.5M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.20% 2,540 $1.4M Add +12.7%
LRCX Lam Research Corp. 1.17% 19,114 $1.4M Reduce -8.3%
GS Goldman Sachs Group Inc. 1.16% 2,521 $1.4M No change
VCSH Vanguard S/T Corp. Bond ETF 1.13% 16,990 $1.3M Add +11.7%
NEE Nextera Energy Inc. 1.13% 18,908 $1.3M No change
RTX RTX Corp. 1.04% 9,353 $1.2M No change
MSFT Microsoft Corp. 1.04% 3,286 $1.2M No change
DHR Danaher Corp. 1.02% 5,930 $1.2M No change
PG The Procter & Gamble Co. 1.02% 7,089 $1.2M No change
VGSH Vanguard Short-Term Treasury 1.01% 20,396 $1.2M Add +6.9%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.91% 1,098 $1.1M No change
PEP Pepsico Inc. 0.86% 6,771 $1.0M Add +0.1%
SO The Southern Co. 0.85% 10,999 $1.0M No change
JAVA JPMorgan Active Value ETF 0.83% 15,559 $989K Add +8.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.82% 3,754 $971K No change
MUNI PIMCO Intermediate Municipal 0.80% 18,474 $952K Add +12.8%
JNJ Johnson & Johnson 0.77% 5,510 $914K No change
NFLX Netflix Inc. 0.73% 935 $872K No change
AMGN Amgen Inc. 0.73% 2,768 $862K No change
GOOGL Alphabet Inc. Class A 0.73% 5,572 $862K Add +0.4%
PAYX Paychex Inc. 0.73% 5,578 $861K No change
PDBC Invesco Optimum Yield Divers 0.72% 62,805 $856K Add +16.9%
AMT American Tower Corp. 0.71% 3,867 $841K No change
JCPB JPMorgan Core Plus Bond ETF 0.70% 17,770 $836K Add +0.1%
VB Vanguard Most SM-Cap ETF-Usd 0.69% 3,695 $819K Reduce -3.1%
PNW Pinnacle West Capital 0.69% 8,596 $819K No change
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.67% 15,710 $799K Add +25.1%
SCHO Schwab Short-Term US Treas 0.67% 32,663 $795K Reduce -5.3%
WMT Walmart Inc. 0.64% 8,634 $758K No change
PGR Progressive Corp. 0.64% 2,666 $755K No change
HYMB SS SPDR N Ice HY Muni ETF 0.63% 29,850 $753K Add +11.2%
GTO Invesco Total Return Bond Et 0.62% 15,663 $735K Reduce -3.0%
AEP American Electric Power 0.60% 6,568 $718K No change
TSLA Tesla Inc. 0.60% 2,745 $711K Add +0.7%
JPM JPMorgan Chase & Co. 0.59% 2,837 $696K Add +109.4%
DUK Duke Energy Corp. 0.58% 5,676 $692K No change
ADBE Adobe Inc. 0.58% 1,803 $692K Add +0.2%
TMUS T-Mobile US Inc. 0.58% 2,586 $690K No change
XOM Exxon Mobil Corp. 0.58% 5,744 $683K Add +0.5%
SMMU PIMCO SHRT TRM Muni BND ETF 0.57% 13,603 $680K Add +25.2%
FNDX Schwab Fndmntl US LRG Co. ETF 0.57% 28,713 $678K Add +2.0%
GOOG Alphabet Inc. Class C 0.57% 4,303 $672K No change
CRM Salesforce Inc. 0.56% 2,467 $662K No change
META Meta Platforms Inc. Class A 0.54% 1,104 $636K Add +0.2%
CPAY Corpay Inc. 0.53% 1,800 $628K No change
LAMR Lamar Advertising Co. Class A 0.53% 5,500 $626K No change
WM Waste Management Inc. 0.52% 2,646 $613K No change
MET Metlife Inc. 0.52% 7,625 $612K No change
HYGV NT HY Val-SCRD BD ETF 0.51% 14,855 $600K Add +11.6%
BLK BlackRock Inc. 0.49% 617 $584K Reduce -0.2%
NAD Nuveen Quality Municipal Inc. 0.49% 50,324 $580K Add +17.2%
MKC McCormick & Co.-Non VTG SHRS 0.49% 7,009 $577K No change
HON Honeywell International Inc. 0.48% 2,675 $566K No change
SYK Stryker Corp. 0.46% 1,454 $541K No change
MCHP Microchip Technology Inc. 0.45% 11,000 $533K No change
SNA Snap-on Inc. 0.43% 1,531 $516K No change
FSMD Fidelity Small-Mid Multifact 0.42% 12,791 $501K Add +48.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.42% 2,007 $499K No change
PSX Phillips 66 0.41% 3,968 $490K No change
WAT Waters Corp. 0.41% 1,312 $484K No change
FELG Fidelity Enh LRG Cap GWTH 0.40% 14,942 $471K Add +8.9%
MCD McDonald's Corp. 0.38% 1,443 $451K No change
ECL Ecolab Inc. 0.37% 1,750 $444K No change
CSCO Cisco Systems Inc. 0.37% 7,170 $442K No change
NOC Northrop Grumman Corp. 0.37% 850 $435K No change
ELV Elevance Health Inc. 0.37% 1,000 $435K No change
XLK SS Technology Select Sector 0.36% 2,082 $430K Reduce -4.8%
SBUX Starbucks Corp. 0.35% 4,241 $416K Add +0.0%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.35% 16,982 $416K New
CRWD CrowdStrike Holdings Inc. Class A 0.34% 1,146 $404K Add +1.6%
ROP Roper Technologies Inc. 0.34% 675 $398K No change
COP Conocophillips 0.33% 3,761 $395K No change
IQV Iqvia Holdings Inc. 0.32% 2,175 $383K No change
PFE Pfizer Inc. 0.32% 14,800 $375K No change
CVX Chevron Corp. 0.31% 2,218 $371K No change
AVEM Avantis Emerging Markets Eq 0.31% 6,103 $367K New
JGRO JPMorgan Active Growth ETF 0.30% 4,808 $355K Reduce -11.3%
KO The Coca-Cola Co. 0.29% 4,828 $346K No change
PM Philip Morris International 0.29% 2,131 $338K No change
UBER Uber Technologies Inc. 0.28% 4,508 $328K Add +2.2%
CLX Clorox Company 0.27% 2,192 $323K No change
SHYM iShares Short Duration High 0.27% 14,170 $321K Add +3.1%
KMB Kimberly-Clark Corp. 0.27% 2,250 $320K No change
INTU Intuit Inc. 0.27% 520 $319K Reduce -5.1%
VTWG Vanguard Russell 2000 Growth 0.27% 1,690 $315K No change
AMRC Ameresco Inc. Class A 0.26% 25,650 $310K Add +63.9%
CEG Constellation Energy 0.26% 1,533 $309K No change
JEPI JPMorgan Equity Premium Inco 0.26% 5,400 $309K No change
BDX Becton Dickinson and Co. 0.26% 1,332 $305K No change
BA The Boeing Co. 0.24% 1,650 $281K No change
PPL PPL Corp. 0.23% 7,500 $271K No change
NVO Novo-Nordisk A/S-Spons ADR 0.23% 3,885 $270K Add +2.2%
XLV SS Health Care Select Sector 0.23% 1,833 $268K New
ABT Abbott Laboratories 0.22% 1,978 $262K No change
UL Unilever PLC 0.22% 4,388 $261K No change
HD Home Depot Inc. 0.21% 693 $254K No change
UNH Unitedhealth Group Inc. 0.21% 483 $253K No change
KEY Keycorp 0.21% 15,700 $251K No change
GPC Genuine Parts Co. 0.21% 2,043 $243K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.20% 686 $237K New
NBB Nuveen Taxable Municipal Inc. 0.20% 14,512 $232K No change
LMT Lockheed Martin Corp. 0.19% 505 $226K No change
DLN Wisdomtree US Largecap Divid 0.18% 2,725 $216K New
HCA HCA Healthcare Inc. 0.17% 593 $205K New
QQQ Invesco QQQ Trust Series 1 0.17% 431 $202K New
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.16% 16,882 $189K Add +15.1%

Portfolio Sells Q4 2024 → Q1 2025
NVDA Nvidia Corp. Reduce -8.8% 2.96% −1.09
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.36
CGCP Cap Group Core Plus Income Sold out 0.00% −0.27
ARKK ARK Innovation ETF Sold out 0.00% −0.19
ARKW ARK Next Generation Technolo Sold out 0.00% −0.18
J Jacobs Solutions Inc. Sold out 0.00% −0.18
XEL Xcel Energy Inc. Sold out 0.00% −0.18
MRK Merck & Co. Inc. Sold out 0.00% −0.18
OKE Oneok Inc. Sold out 0.00% −0.17
LRCX Lam Research Corp. Reduce -8.3% 1.17% −0.11
VB Vanguard Most SM-Cap ETF-Usd Reduce -3.1% 0.69% −0.09
JGRO JPMorgan Active Growth ETF Reduce -11.3% 0.30% −0.07
XLK SS Technology Select Sector Reduce -4.8% 0.36% −0.07
BLK BlackRock Inc. Reduce -0.2% 0.49% −0.05
SCHO Schwab Short-Term US Treas Reduce -5.3% 0.67% −0.04
INTU Intuit Inc. Reduce -5.1% 0.27% −0.02
LLY Eli Lilly & Co. Reduce -6.5% 2.33% −0.02
GTO Invesco Total Return Bond Et Reduce -3.0% 0.62% −0.02
V Visa Inc. Class A Reduce -7.9% 1.80% +0.02
VYMI Vanguard Int High DVD YLD Inc. Reduce -0.8% 1.31% +0.08

Portfolio Buys Q4 2024 → Q1 2025
FNDF Schwab Fndmn Intl LRG Co. ETF Add +4.5% 3.87% +0.44
CGXU Cap Group Intl Focus New 0.35% +0.35
MODL Victoryshares Westend US Sec Add +31.8% 1.52% +0.31
JPM JPMorgan Chase & Co. Add +109.4% 0.59% +0.31
AVEM Avantis Emerging Markets Eq New 0.31% +0.31
FBND Fidelity Total Bond ETF Add +23.6% 1.51% +0.30
VTV Vanguard Mrngstr Val ETF-Aui Add +7.8% 3.03% +0.25
XLV SS Health Care Select Sector New 0.23% +0.23
CGDV Cap Group Dividend Value Add +11.3% 2.03% +0.21
AJG Arthur J Gallagher & Co. New 0.20% +0.20
DLN Wisdomtree US Largecap Divid New 0.18% +0.18
HCA HCA Healthcare Inc. New 0.17% +0.17
QQQ Invesco QQQ Trust Series 1 New 0.17% +0.17
JMST JPM Ultra-Short Muni Income Add +25.1% 0.67% +0.13
PDBC Invesco Optimum Yield Divers Add +16.9% 0.72% +0.13
VCSH Vanguard S/T Corp. Bond ETF Add +11.7% 1.13% +0.12
FSMD Fidelity Small-Mid Multifact Add +48.5% 0.42% +0.12
SMMU PIMCO SHRT TRM Muni BND ETF Add +25.2% 0.57% +0.11
MUNI PIMCO Intermediate Municipal Add +12.8% 0.80% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Add +12.7% 1.20% +0.07
VGSH Vanguard Short-Term Treasury Add +6.9% 1.01% +0.07
VTEB Vanguard Tax-Exempt Bond ETF Add +5.9% 1.70% +0.06
JAVA JPMorgan Active Value ETF Add +8.7% 0.83% +0.06
NAD Nuveen Quality Municipal Inc. Add +17.2% 0.49% +0.06
XOM Exxon Mobil Corp. Add +0.5% 0.58% +0.05
HYMB SS SPDR N Ice HY Muni ETF Add +11.2% 0.63% +0.05
UBER Uber Technologies Inc. Add +2.2% 0.28% +0.05
HYGV NT HY Val-SCRD BD ETF Add +11.6% 0.51% +0.04
WFC Wells Fargo & Co. Add +0.1% 2.72% +0.04
MMIT Nylim Mackay Muni Intermedia Add +3.2% 1.50% +0.03
SBUX Starbucks Corp. Add +0.0% 0.35% +0.02
XNEAX Nuveen Amt-FR QLTY Muni Inc. Add +15.1% 0.16% +0.02
CRWD CrowdStrike Holdings Inc. Class A Add +1.6% 0.34% +0.01
VYM Vanguard High DVD Yield ETF Add +0.4% 1.82% +0.01
JCPB JPMorgan Core Plus Bond ETF Add +0.1% 0.70% +0.01
SHYM iShares Short Duration High Add +3.1% 0.27% +0.01
FNDX Schwab Fndmntl US LRG Co. ETF Add +2.0% 0.57% +0.00
META Meta Platforms Inc. Class A Add +0.2% 0.54% −0.01
FELG Fidelity Enh LRG Cap GWTH Add +8.9% 0.40% −0.02
PEP Pepsico Inc. Add +0.1% 0.86% −0.02
SPYG SS SPDR P S&P 500 Growth ETF Add +8.5% 1.40% −0.02
NVO Novo-Nordisk A/S-Spons ADR Add +2.2% 0.23% −0.05
AMRC Ameresco Inc. Class A Add +63.9% 0.26% −0.05
ADBE Adobe Inc. Add +0.2% 0.58% −0.10
CGGR Cap Group Growth Equity Add +5.3% 3.18% −0.13
GOOGL Alphabet Inc. Class A Add +0.4% 0.73% −0.17
VUG Vanguard Mrngstar GR ETF-Sui Add +0.8% 2.85% −0.31
TSLA Tesla Inc. Add +0.7% 0.60% −0.34
AAPL Apple Inc. Add +1.0% 3.68% −0.46

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 149$173.0MVTV, FNDF, VUG, LRCX, CGGR
Q1 2026 142$155.3MFNDF, VTV, CGGR, VUG, NVDA
Q4 2025 142$150.1MFNDF, VTV, CGGR, NVDA, AAPL
Q3 2025 126$126.4MFNDF, NVDA, CGGR, VTV, AAPL
Q2 2025 132$132.3MFNDF, CGGR, NVDA, VUG, VTV
Q1 2025 127$118.6MFNDF, AAPL, CGGR, VTV, NVDA
Q4 2024 128$117.6MAAPL, NVDA, FNDF, CGGR, VUG
Q3 2024 128$117.2MNVDA, AAPL, FNDF, CGGR, VUG
Q2 2024 125$111.4MNVDA, FNDF, AAPL, VUG, CGGR
Q1 2024 123$106.4MFNDF, NVDA, AAPL, VUG, CGGR