Kuhn & Co Investment Counsel

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Kuhn & Co Investment Counsel reported 126 stock positions worth $126.4 million. Its top holding was Schwab Fndmn Intl LRG Co. ETF (FNDF) at 4.4% of the portfolio, followed by Nvidia (NVDA, 4.3%) and Cap Group Growth Equity (CGGR, 4.0%). Compared with Q2 2025, it opened 5 new positions, sold out of 11, added to 20 and reduced 73. The biggest buy was Vanguard Intermediate-Term B (BIV, shares +291%) and the biggest sale an exit from Wells Fargo (WFC).

Most Recent 13F
Q2 2026
Location
Chicago, IL
CIK
0002011958
Portfolio Value
$126.4M (Q3 2025)
SEC Filing
0001172661-25-004454 ↗ filed Oct 28, 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 Q1 2025 Q2 2025: $132.3M Q2 2025 Q3 2025: $126.4M $126.4M Q3 2025 Q4 2025: $150.1M Q4 2025 Q1 2026: $155.3M Q1 2026 Q2 2026: $173.0M Q2 2026

Holdings 126 stocks · $126.4M
FNDF Schwab Fndmn Intl LRG Co. ETF 4.36% 128,149 $5.5M Reduce -0.2%
NVDA Nvidia Corp. 4.32% 29,257 $5.5M Reduce -0.7%
CGGR Cap Group Growth Equity 4.00% 115,152 $5.1M Reduce -6.2%
VTV Vanguard Mrngstr Val ETF-Aui 3.85% 26,104 $4.9M Add +6.9%
AAPL Apple Inc. 3.04% 15,069 $3.8M Reduce -23.6%
VUG Vanguard Mrngstar GR ETF-Sui 2.90% 7,645 $3.7M Reduce -22.8%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 2.53% 75,947 $3.2M Reduce -1.7%
AMZN Amazon.com Inc. 2.03% 11,710 $2.6M Reduce -9.2%
LRCX Lam Research Corp. 2.03% 19,131 $2.6M Reduce -0.3%
SPYG SS SPDR P S&P 500 Growth ETF 2.00% 24,230 $2.5M Add +0.8%
LLY Eli Lilly & Co. 1.99% 3,300 $2.5M Reduce -1.4%
MODL Victoryshares Westend US Sec 1.88% 51,493 $2.4M Reduce -1.1%
VCSH Vanguard S/T Corp. Bond ETF 1.72% 27,177 $2.2M Add +58.8%
V Visa Inc. Class A 1.64% 6,064 $2.1M Reduce -0.5%
FBND Fidelity Total Bond ETF 1.56% 42,520 $2.0M Add +8.7%
VTEB Vanguard Tax-Exempt Bond ETF 1.55% 39,225 $2.0M Reduce -13.8%
VGSH Vanguard Short-Term Treasury 1.55% 33,263 $2.0M Add +51.6%
GS Goldman Sachs Group Inc. 1.51% 2,400 $1.9M Reduce -3.4%
VYMI Vanguard Int High DVD YLD Inc. 1.39% 20,727 $1.8M Reduce -2.4%
MSFT Microsoft Corp. 1.34% 3,272 $1.7M Reduce -0.2%
BIV Vanguard Intermediate-Term B 1.30% 20,981 $1.6M Add +291.2%
LIN Linde PLC 1.28% 3,410 $1.6M Reduce -20.4%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E 1.19% 61,638 $1.5M Reduce -20.1%
RTX RTX Corp. 1.14% 8,607 $1.4M Reduce -7.5%
NEE Nextera Energy Inc. 1.13% 18,891 $1.4M Reduce -0.1%
ITW Illinois Tool Works 1.12% 5,420 $1.4M Reduce -6.7%
SPY SS SPDR S&P 500 ETF Trust-US 1.11% 2,101 $1.4M Reduce -18.1%
GOOGL Alphabet Inc. Class A 1.07% 5,570 $1.4M Add +0.6%
ACN Accenture PLC Class A 0.95% 4,876 $1.2M Reduce -17.2%
FSMD Fidelity Small-Mid Multifact 0.93% 26,798 $1.2M Add +11.8%
MUNI PIMCO Intermediate Municipal 0.92% 22,255 $1.2M Add +14.1%
PDBC Invesco Optimum Yield Divers 0.83% 78,241 $1.1M Add +6.0%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.83% 1,098 $1.0M No change
VB Vanguard Most SM-Cap ETF-Usd 0.82% 4,080 $1.0M Add +0.9%
SO The Southern Co. 0.82% 10,939 $1.0M Reduce -0.3%
GOOG Alphabet Inc. Class C 0.81% 4,226 $1.0M Reduce -1.8%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.80% 33,947 $1.0M Add +13.1%
FNDX Schwab Fndmntl US LRG Co. ETF 0.79% 38,161 $1.0M No change
JNJ Johnson & Johnson 0.78% 5,312 $985K Reduce -3.7%
DHR Danaher Corp. 0.78% 4,955 $982K Reduce -9.2%
VYM Vanguard High DVD Yield ETF 0.78% 6,969 $982K Reduce -58.4%
PG The Procter & Gamble Co. 0.75% 6,204 $953K Reduce -3.7%
JCPB JPMorgan Core Plus Bond ETF 0.73% 19,330 $919K Add +8.8%
WMT Walmart Inc. 0.70% 8,538 $880K Reduce -1.1%
SCHO Schwab Short-Term US Treas 0.65% 33,580 $819K Add +2.8%
NAD Nuveen Quality Municipal Inc. 0.65% 69,911 $817K Add +22.2%
PEP Pepsico Inc. 0.65% 5,808 $816K Reduce -13.9%
JAVA JPMorgan Active Value ETF 0.64% 11,795 $813K Reduce -13.0%
NFLX Netflix Inc. 0.62% 654 $784K Reduce -5.1%
AMGN Amgen Inc. 0.61% 2,750 $776K Reduce -0.7%
PNW Pinnacle West Capital 0.61% 8,596 $771K No change
MCD McDonald's Corp. 0.61% 2,531 $769K Reduce -48.3%
GTO Invesco Total Return Bond Et 0.59% 15,663 $744K No change
AMT American Tower Corp. 0.59% 3,850 $740K Reduce -0.4%
AEP American Electric Power 0.58% 6,558 $738K Reduce -0.1%
AMRC Ameresco Inc. Class A 0.58% 21,650 $727K Reduce -15.6%
BLK BlackRock Inc. 0.57% 615 $717K Reduce -0.5%
HYGV NT HY Val-SCRD BD ETF 0.56% 17,280 $712K Add +71.0%
PAYX Paychex Inc. 0.56% 5,578 $707K No change
DUK Duke Energy Corp. 0.55% 5,645 $699K Reduce -0.6%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.54% 13,398 $684K Reduce -18.2%
LAMR Lamar Advertising Co. Class A 0.53% 5,500 $673K No change
AVEM Avantis Emerging Markets Eq 0.53% 8,894 $668K Add +7.0%
PGR Progressive Corp. 0.52% 2,666 $658K Reduce -0.5%
META Meta Platforms Inc. Class A 0.52% 891 $654K Reduce -39.8%
SMMU PIMCO SHRT TRM Muni BND ETF 0.52% 12,871 $651K Reduce -11.2%
ADBE Adobe Inc. 0.51% 1,814 $640K Add +0.8%
FELG Fidelity Enh LRG Cap GWTH 0.50% 15,372 $632K No change
MET Metlife Inc. 0.50% 7,625 $628K No change
TMUS T-Mobile US Inc. 0.49% 2,583 $618K Reduce -0.1%
HYMB SS SPDR N Ice HY Muni ETF 0.46% 23,481 $585K Reduce -28.2%
WM Waste Management Inc. 0.46% 2,630 $581K Reduce -0.6%
CRM Salesforce Inc. 0.46% 2,445 $579K Reduce -0.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.44% 1,976 $558K Reduce -0.8%
HON Honeywell International Inc. 0.44% 2,625 $553K Reduce -1.2%
SYK Stryker Corp. 0.42% 1,440 $532K Reduce -1.0%
CPAY Corpay Inc. 0.41% 1,800 $519K No change
JPM JPMorgan Chase & Co. 0.41% 1,637 $516K Reduce -41.5%
PSX Phillips 66 0.41% 3,785 $515K Reduce -22.8%
NOC Northrop Grumman Corp. 0.41% 843 $514K Reduce -0.8%
SNA Snap-on Inc. 0.40% 1,471 $510K No change
ECL Ecolab Inc. 0.38% 1,750 $479K Reduce -0.1%
CEG Constellation Energy 0.37% 1,430 $471K Reduce -6.7%
MKC McCormick & Co.-Non VTG SHRS 0.37% 7,000 $468K Reduce -0.1%
AVGO Broadcom Inc. 0.36% 1,388 $458K New
SHYM iShares Short Duration High 0.36% 20,122 $450K Add +26.0%
UBER Uber Technologies Inc. 0.35% 4,498 $441K No change
CSCO Cisco Systems Inc. 0.34% 6,220 $426K Reduce -13.3%
JGRO JPMorgan Active Growth ETF 0.34% 4,526 $424K Reduce -5.9%
IQV Iqvia Holdings Inc. 0.33% 2,175 $413K No change
CRWD CrowdStrike Holdings Inc. Class A 0.31% 801 $393K No change
WAT Waters Corp. 0.30% 1,282 $384K No change
PFE Pfizer Inc. 0.29% 14,470 $369K Reduce -2.2%
BA The Boeing Co. 0.28% 1,650 $356K Reduce -0.2%
INTU Intuit Inc. 0.28% 516 $352K Reduce -0.8%
SBUX Starbucks Corp. 0.28% 4,148 $351K Reduce -0.4%
PM Philip Morris International 0.27% 2,100 $341K Reduce -1.4%
ROP Roper Technologies Inc. 0.27% 675 $337K No change
ELV Elevance Health Inc. 0.26% 1,000 $323K No change
KO The Coca-Cola Co. 0.25% 4,777 $317K Reduce -1.1%
MCHP Microchip Technology Inc. 0.25% 4,916 $316K Reduce -55.3%
JEPI JPMorgan Equity Premium Inco 0.24% 5,400 $308K No change
GPC Genuine Parts Co. 0.22% 2,043 $283K No change
KMB Kimberly-Clark Corp. 0.22% 2,250 $280K No change
CVX Chevron Corp. 0.22% 1,785 $277K Reduce -19.5%
HD Home Depot Inc. 0.22% 681 $276K Reduce -1.4%
KMI Kinder Morgan Inc. 0.21% 9,256 $262K No change
ABT Abbott Laboratories 0.21% 1,955 $262K Reduce -1.4%
UL Unilever PLC 0.21% 4,388 $260K No change
PPL PPL Corp. 0.21% 7,000 $260K No change
HCA HCA Healthcare Inc. 0.20% 591 $252K Reduce -0.8%
BDX Becton Dickinson and Co. 0.20% 1,328 $249K No change
DLN Wisdomtree US Largecap Divid 0.19% 2,725 $237K No change
NBB Nuveen Taxable Municipal Inc. 0.19% 14,512 $235K No change
J Jacobs Solutions Inc. 0.18% 1,518 $227K New
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.18% 19,882 $226K Add +17.8%
TSLA Tesla Inc. 0.18% 503 $224K Reduce -81.7%
NVO Novo-Nordisk A/S-Spons ADR 0.17% 3,970 $220K No change
WCBR Wisdomtree Cybersecurity FND 0.17% 6,952 $218K New
ANET Arista Networks Inc. 0.17% 1,476 $215K New
ADSK Autodesk Inc. 0.17% 668 $212K New
MMM 3M Co. 0.17% 1,355 $210K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.17% 678 $210K Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B 0.16% 414 $208K Reduce -7.6%
ADI Analog Devices Inc. 0.16% 823 $202K Reduce -2.4%
KEY Keycorp 0.16% 10,700 $200K No change

Portfolio Sells Q2 2025 → Q3 2025
WFC Wells Fargo & Co. Sold out 0.00% −2.72
VYM Vanguard High DVD Yield ETF Reduce -58.4% 0.78% −0.91
VO Vngrd Mrngstr MD-Cap ETF-Usd Sold out 0.00% −0.79
TSLA Tesla Inc. Reduce -81.7% 0.18% −0.48
MCD McDonald's Corp. Reduce -48.3% 0.61% −0.47
XOM Exxon Mobil Corp. Sold out 0.00% −0.47
XLK SS Technology Select Sector Sold out 0.00% −0.41
VUG Vanguard Mrngstar GR ETF-Sui Reduce -22.8% 2.90% −0.38
ACN Accenture PLC Class A Reduce -17.2% 0.95% −0.38
MCHP Microchip Technology Inc. Reduce -55.3% 0.25% −0.34
META Meta Platforms Inc. Class A Reduce -39.8% 0.52% −0.31
VTWG Vanguard Russell 2000 Growth Sold out 0.00% −0.27
COP Conocophillips Sold out 0.00% −0.26
LIN Linde PLC Reduce -20.4% 1.28% −0.24
ARKW ARK Next Generation Technolo Sold out 0.00% −0.22
ARKK ARK Innovation ETF Sold out 0.00% −0.21
MMIT Nylim Mackay Muni Intermedia Reduce -20.1% 1.19% −0.21
JPM JPMorgan Chase & Co. Reduce -41.5% 0.41% −0.20
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.19
XLV SS Health Care Select Sector Sold out 0.00% −0.19
BUSE First Busey Corp. Sold out 0.00% −0.17
HYMB SS SPDR N Ice HY Muni ETF Reduce -28.2% 0.46% −0.15
VTEB Vanguard Tax-Exempt Bond ETF Reduce -13.8% 1.55% −0.13
AMZN Amazon.com Inc. Reduce -9.2% 2.03% −0.10
SPY SS SPDR S&P 500 ETF Trust-US Reduce -18.1% 1.11% −0.09
JMST JPM Ultra-Short Muni Income Reduce -18.2% 0.54% −0.09
NFLX Netflix Inc. Reduce -5.1% 0.62% −0.08
AMT American Tower Corp. Reduce -0.4% 0.59% −0.06
CRM Salesforce Inc. Reduce -0.9% 0.46% −0.05
CSCO Cisco Systems Inc. Reduce -13.3% 0.34% −0.04
DHR Danaher Corp. Reduce -9.2% 0.78% −0.04
PSX Phillips 66 Reduce -22.8% 0.41% −0.03
SMMU PIMCO SHRT TRM Muni BND ETF Reduce -11.2% 0.52% −0.03
MKC McCormick & Co.-Non VTG SHRS Reduce -0.1% 0.37% −0.03
INTU Intuit Inc. Reduce -0.8% 0.28% −0.03
HON Honeywell International Inc. Reduce -1.2% 0.44% −0.03
PEP Pepsico Inc. Reduce -13.9% 0.65% −0.03
JAVA JPMorgan Active Value ETF Reduce -13.0% 0.64% −0.03
PM Philip Morris International Reduce -1.4% 0.27% −0.02
AAPL Apple Inc. Reduce -23.6% 3.04% −0.02
PG The Procter & Gamble Co. Reduce -3.7% 0.75% −0.02
CVX Chevron Corp. Reduce -19.5% 0.22% −0.02
PGR Progressive Corp. Reduce -0.5% 0.52% −0.02
SYK Stryker Corp. Reduce -1.0% 0.42% −0.01
SBUX Starbucks Corp. Reduce -0.4% 0.28% −0.01
KO The Coca-Cola Co. Reduce -1.1% 0.25% −0.01
IBM Intl Business Machines Corp. Reduce -0.8% 0.44% −0.00
CEG Constellation Energy Reduce -6.7% 0.37% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -7.6% 0.16% +0.00
AJG Arthur J Gallagher & Co. Reduce -1.2% 0.17% +0.00

Portfolio Buys Q2 2025 → Q3 2025
BIV Vanguard Intermediate-Term B Add +291.2% 1.30% +0.98
VCSH Vanguard S/T Corp. Bond ETF Add +58.8% 1.72% +0.69
VTV Vanguard Mrngstr Val ETF-Aui Add +6.9% 3.85% +0.59
VGSH Vanguard Short-Term Treasury Add +51.6% 1.55% +0.57
AVGO Broadcom Inc. New 0.36% +0.36
GOOGL Alphabet Inc. Class A Add +0.6% 1.07% +0.33
SPYG SS SPDR P S&P 500 Growth ETF Add +0.8% 2.00% +0.27
HYGV NT HY Val-SCRD BD ETF Add +71.0% 0.56% +0.25
FBND Fidelity Total Bond ETF Add +8.7% 1.56% +0.20
FSMD Fidelity Small-Mid Multifact Add +11.8% 0.93% +0.18
CGXU Cap Group Intl Focus Add +13.1% 0.80% +0.18
J Jacobs Solutions Inc. New 0.18% +0.18
WCBR Wisdomtree Cybersecurity FND New 0.17% +0.17
ANET Arista Networks Inc. New 0.17% +0.17
ADSK Autodesk Inc. New 0.17% +0.17
MUNI PIMCO Intermediate Municipal Add +14.1% 0.92% +0.16
NAD Nuveen Quality Municipal Inc. Add +22.2% 0.65% +0.16
PDBC Invesco Optimum Yield Divers Add +6.0% 0.83% +0.10
AVEM Avantis Emerging Markets Eq Add +7.0% 0.53% +0.10
VB Vanguard Most SM-Cap ETF-Usd Add +0.9% 0.82% +0.10
JCPB JPMorgan Core Plus Bond ETF Add +8.8% 0.73% +0.10
SHYM iShares Short Duration High Add +26.0% 0.36% +0.09
SCHO Schwab Short-Term US Treas Add +2.8% 0.65% +0.05
XNEAX Nuveen Amt-FR QLTY Muni Inc. Add +17.8% 0.18% +0.04
ADBE Adobe Inc. Add +0.8% 0.51% −0.02

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