# L.M. KOHN & COMPANY

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 870260. Source: https://holderbook.com/funds/870260-l-m-kohn-company/

- Reported value: $83.2M
- Positions: 121
- Weight of the ten largest: 33.8%
- Filed: 2025-11-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.0M | 19,622 | 6.0% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.1M | 7,839 | 4.9% | 15 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.5M | 22,998 | 4.2% | 15 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.9M | 13,244 | 3.5% | 15 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.5M | 8,039 | 3.0% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.3M | 9,504 | 2.8% | 15 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.2M | 11,605 | 2.6% | 15 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.1M | 3,475 | 2.6% | 15 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.8M | 1,954 | 2.2% | 15 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.6M | 9,630 | 2.0% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.5M | 3,032 | 1.8% | 15 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.4M | 4,945 | 1.7% | 15 |
| INVESCO EXCH TRADED FD TR II | [SPHD](https://holderbook.com/stocks/SPHD/) | $1.2M | 23,967 | 1.4% | 15 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.2M | 1,966 | 1.4% | 15 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $1.1M | 12,558 | 1.4% | 15 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.1M | 4,030 | 1.4% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [FTSM](https://holderbook.com/stocks/FTSM/) | $1.1M | 18,717 | 1.3% | 7 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.1M | 7,878 | 1.3% | 15 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $1.1M | 12,565 | 1.3% | 15 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.1M | 9,715 | 1.3% | 15 |
| FIRST TR EXCHNG TRADED FD VI | [BUFR](https://holderbook.com/stocks/BUFR/) | $1.1M | 32,608 | 1.3% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $995.9K | 3,035 | 1.2% | 15 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $946.5K | 4,386 | 1.1% | 15 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $934.7K | 4,037 | 1.1% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $927.6K | 1,392 | 1.1% | 15 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $909.8K | 1,200 | 1.1% | 15 |
| PROSHARES TR | [REGL](https://holderbook.com/stocks/REGL/) | $882.4K | 10,339 | 1.1% | 15 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $877.6K | 11,198 | 1.1% | 15 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $852.3K | 4,597 | 1.0% | 15 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $794.5K | 1,665 | 1.0% | 15 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $784.8K | 1,572 | 0.9% | 15 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $776.2K | 7,532 | 0.9% | 15 |
| FIRST TR EXCHNG TRADED FD VI | [BUFD](https://holderbook.com/stocks/BUFD/) | $762.5K | 27,586 | 0.9% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $753.5K | 4,852 | 0.9% | 15 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $696.1K | 7,791 | 0.8% | 15 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $687.7K | 2,263 | 0.8% | 15 |
| PROSHARES TR | [SMDV](https://holderbook.com/stocks/SMDV/) | $685.1K | 10,281 | 0.8% | 15 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $681.8K | 7,457 | 0.8% | 15 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $612.6K | 4,362 | 0.7% | 15 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $605.8K | 5,877 | 0.7% | 15 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $558.9K | 12,717 | 0.7% | 15 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $554.4K | 3,418 | 0.7% | 15 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $537.5K | 945 | 0.6% | 15 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $529.1K | 1,141 | 0.6% | 15 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $520.4K | 1,844 | 0.6% | 12 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $515.5K | 3,186 | 0.6% | 11 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $514.2K | 1,485 | 0.6% | 10 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $510.0K | 18,061 | 0.6% | 10 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $492.8K | 19,342 | 0.6% | 15 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $482.5K | 3,678 | 0.6% | 15 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $472.7K | 2,000 | 0.6% | 15 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $465.6K | 1,149 | 0.6% | 15 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $458.3K | 4,995 | 0.6% | 15 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $439.6K | 6,655 | 0.5% | 15 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $437.2K | 375 | 0.5% | 4 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $435.9K | 2,620 | 0.5% | 15 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $425.1K | 5,564 | 0.5% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $424.4K | 6,203 | 0.5% | 15 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $424.0K | 1,242 | 0.5% | 15 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $416.3K | 1,737 | 0.5% | 10 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $416.0K | 4,390 | 0.5% | 15 |
| FIRST TR EXCHNG TRADED FD VI | [EIPI](https://holderbook.com/stocks/EIPI/) | $414.7K | 20,921 | 0.5% | 6 |
| FIRST TR EXCHANGE-TRADED FD | [RDVI](https://holderbook.com/stocks/RDVI/) | $410.5K | 15,880 | 0.5% | 2 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $409.0K | 16,831 | 0.5% | 2 |
| SSGA ACTIVE ETF TR | [SRLN](https://holderbook.com/stocks/SRLN/) | $406.5K | 9,777 | 0.5% | 15 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $399.1K | 3,225 | 0.5% | 15 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $393.8K | 5,938 | 0.5% | 15 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $389.5K | 582 | 0.5% | 15 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $378.9K | 8,612 | 0.5% | 12 |
| ISHARES TR | [IBDQ](https://holderbook.com/stocks/IBDQ/) | $366.9K | 14,564 | 0.4% | 7 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $358.8K | 6,660 | 0.4% | 15 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $356.3K | 1,750 | 0.4% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $350.8K | 460 | 0.4% | 13 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $346.3K | 820 | 0.4% | 8 |
| FIRST TR EXCHANGE-TRADED FD | [LQTI](https://holderbook.com/stocks/LQTI/) | $342.8K | 16,800 | 0.4% | 2 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $338.7K | 4,610 | 0.4% | 2 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $329.5K | 250 | 0.4% | 10 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $328.6K | 3,660 | 0.4% | 3 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $327.7K | 1,658 | 0.4% | 14 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $320.1K | 1,913 | 0.4% | 15 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $319.0K | 5,420 | 0.4% | 15 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $318.7K | 434 | 0.4% | 9 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $311.5K | 5,456 | 0.4% | 6 |
| WISDOMTREE TR | [IHDG](https://holderbook.com/stocks/IHDG/) | $311.0K | 6,749 | 0.4% | 14 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $292.8K | 1,570 | 0.4% | 15 |
| INNOVATOR ETFS TRUST | [EPRF](https://holderbook.com/stocks/EPRF/) | $289.4K | 15,831 | 0.3% | 15 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $274.9K | 3,276 | 0.3% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [FDL](https://holderbook.com/stocks/FDL/) | $272.4K | 6,275 | 0.3% | 15 |
| SUNOCO LP/SUNOCO FIN CORP | [SUN](https://holderbook.com/stocks/SUN/) | $270.1K | 5,400 | 0.3% | 10 |
| FIRST TR EXCHNG TRADED FD VI | [XIMR](https://holderbook.com/stocks/XIMR/) | $269.3K | 8,625 | 0.3% | 2 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $268.0K | 1,469 | 0.3% | 4 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $264.5K | 2,640 | 0.3% | 15 |
| GLOBAL X FDS | [MLPA](https://holderbook.com/stocks/MLPA/) | $263.6K | 5,445 | 0.3% | 6 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $259.6K | 850 | 0.3% | 2 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $257.0K | 5,094 | 0.3% | 8 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $255.3K | 850 | 0.3% | 8 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $249.5K | 3,709 | 0.3% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [FTXL](https://holderbook.com/stocks/FTXL/) | $247.8K | 2,216 | 0.3% | 6 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $246.1K | 309 | 0.3% | 15 |
| ISHARES TR | [SLQD](https://holderbook.com/stocks/SLQD/) | $244.7K | 4,815 | 0.3% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2025 | +7.3% | +7.8% | -0.6% | 100% |
| Q2 2025 | +7.7% | +10.5% | -2.8% | 100% |
| Q1 2025 | -4.9% | -4.6% | -0.3% | 100% |
| Q4 2024 | +2.0% | +2.1% | -0.1% | 100% |
| Q3 2024 | +5.6% | +5.4% | +0.1% | 100% |
| Q2 2024 | +4.5% | +4.0% | +0.5% | 99% |
| Q1 2024 | +7.2% | +10.0% | -2.9% | 100% |
| Q4 2023 | +10.6% | +11.2% | -0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $83.2M | 121 |
| Q2 2025 | $371.0M | 280 |
| Q1 2025 | $382.8M | 275 |
| Q4 2024 | $386.4M | 260 |
| Q3 2024 | $394.5M | 285 |
| Q2 2024 | $369.3M | 267 |
| Q1 2024 | $355.9M | 273 |
| Q4 2023 | $313.3M | 246 |
| Q3 2023 | $274.0M | 238 |
| Q2 2023 | $264.9M | 236 |
| Q1 2023 | $241.3M | 222 |
| Q4 2022 | $213.7M | 222 |