Kuhn & Co Investment Counsel

Kuhn & Co Investment Counsel’s $155 million book is organized in two distinct layers. The base — roughly two-thirds of assets — is a diversified ETF core built from Vanguard value, growth, and small-cap sleeves (VTV, VUG, VB, VCSH), Schwab fundamental and bond funds (FNDF, FBND), and Capital Group growth and dividend-value ETFs (CGGR, CGDV). The satellite — roughly one-third — is a concentrated stock sleeve where Nvidia, Apple, Lam Research, Wells Fargo, Eli Lilly, and Amazon receive meaningful individual weights.

The Q1 2026 activity was concentrated almost entirely in that satellite sleeve and the bond overlay. On the equity side, the fund added Exxon Mobil ($1.0 million), Phillips 66 ($1.1 million), and RTX ($1.7 million) as new positions, building a small energy-and-defense cluster without touching the large existing energy names already held. Meta, JPMorgan Chase, Alphabet, and Procter & Gamble were all closed — a pullback from three of the six largest satellite names that replaced them with commodity- and aerospace-linked picks.