CIK: 0001054880
Total reported value
$105.8M
Reporting period: 2017-12-31 · Number of holdings: 86
Hutchens Investment Management Inc disclosed 86 holdings in its latest 13F filing for the period ending 2017-12-31, with total reported value of $105.8M and a quarterly turnover rate of 0.0%.
Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "H"
Hutchens Investment Management Inc's disclosed holdings carry a Herfindahl concentration index of 0.019 — mathematically equivalent to about 54 equally-sized positions, close to its 86 actual disclosed holdings. Value is spread relatively evenly across the portfolio rather than concentrated in a handful of names.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.77), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Trim SCHW
-86.9% -$2.4M
New buy IBM
New buy SPGI
Sold out INTU
Sold out ADBE
Sold out PM
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | LMT | Lockheed Martin CORP | Stock-Industrials | 3.06% | — | -2.30% | |
| 2 | BA | Boeing Co/the | Stock-Industrials | 3.02% | +0.46% | -2.28% | |
| 3 | JPM | Jpmorgan Chase & Co | Stock-Financials | 2.89% | — | -5.06% | |
| 4 | CSCO | Cisco Systems INC | Stock-Tech | 2.79% | +0.29% | -5.82% | |
| 5 | MA | Mastercard INC - A | Stock-Financials | 2.69% | — | -9.38% | |
| 6 | AAPL | Apple INC | Stock-Tech | 2.68% | +0.40% | +2.93% | |
| 7 | DD | DuPont de Nemours, Inc. | Stock-Other | 2.57% | — | -3.39% | |
| 8 | INTC | Intel CORP | Stock-Tech | 2.57% | +0.52% | -0.69% | |
| 9 | MMM | 3m Co | Stock-Industrials | 2.53% | +0.45% | +3.77% | |
| 10 | AMZN | Amazon.com INC | Stock-Consumer Disc | 2.38% | +0.41% | -4.65% | |
| 11 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 2.38% | — | -3.74% | |
| 12 | DHR | Danaher CORP | Stock-Healthcare | 2.32% | +0.35% | +4.33% | |
| 13 | BXUSD | Blackstone Group Lp/the | Stock-Other | 2.23% | -0.15% | -6.51% | |
| 14 | SYK | Stryker CORP | Stock-Healthcare | 2.20% | -0.44% | -26.50% | |
| 15 | MSFT | Microsoft CORP | Stock-Tech | 2.15% | +0.40% | +3.04% | |
| 16 | META | Meta Platforms Inc-class A | Stock-Comm Services | 2.14% | — | -4.19% | |
| 17 | IBM | Intl Business Machines CORP | Stock-Tech | 2.12% | +2.12% | NEW | |
| 18 | TMO | Thermo Fisher Scientific INC | Stock-Healthcare | 2.02% | -0.26% | -15.57% | |
| 19 | AMGN | Amgen INC | Stock-Healthcare | 2.01% | -0.15% | -4.08% | |
| 20 | FTV | Fortive CORP | Stock-Tech | 1.98% | — | +4.78% | |
| 21 | SBUX | Starbucks CORP | Stock-Consumer Disc | 1.97% | +0.26% | +4.01% | |
| 22 | SPGI | S&p Global INC | Stock-Financials | 1.96% | +1.96% | NEW | |
| 23 | AVGO | Broadcom Inc. | Stock-Tech | 1.89% | — | -1.61% | |
| 24 | BABA | Alibaba Group Holding-sp Adr | Stock-Consumer Disc | 1.87% | — | -5.33% | |
| 25 | HSY | Hershey Co/the | Stock-Consumer Staples | 1.85% | — | +4.30% | |
| 26 | DIS | Walt Disney Co/the | Stock-Comm Services | 1.84% | +0.30% | +5.56% | |
| 27 | ORCL | Oracle CORP | Stock-Tech | 1.72% | — | +4.90% | |
| 28 | AMAT | Applied Materials INC | Stock-Tech | 1.70% | -0.24% | -14.05% | |
| 29 | UNH | Unitedhealth Group INC | Stock-Healthcare | 1.70% | +0.36% | +8.23% | |
| 30 | BKNG | Booking Hldgs INC | Stock-Consumer Disc | 1.68% | -0.12% | -5.27% | |
| 31 | ICE | Intercontinental Exchange In | Stock-Financials | 1.64% | -0.53% | -29.23% | |
| 32 | STZ | Constellation Brands Inc-a | Stock-Consumer Staples | 1.64% | +0.33% | +5.23% | |
| 33 | IFF | Intl Flavors & Fragrances | Stock-Materials | 1.50% | — | +0.01% | |
| 34 | PFF | Ishares Preferred & Income S | ETF-Other | 1.49% | — | +13.74% | |
| 35 | CELG | Celgene CORP | Stock-Other | 1.44% | -1.08% | -23.18% | |
| 36 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.40% | +0.25% | +6.87% | |
| 37 | CVX | Chevron CORP | Stock-Energy | 1.39% | — | +7.17% | |
| 38 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 1.37% | — | -15.34% | |
| 39 | ISRG | Intuitive Surgical INC | Stock-Healthcare | 1.29% | -0.93% | +59.86% | |
| 40 | SLB | Slb LTD | Stock-Energy | 1.25% | -0.47% | -27.85% | |
| 41 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-Corp Bonds | 1.23% | +0.22% | +16.26% | |
| 42 | SHW | Sherwin-williams Co/the | Stock-Materials | 1.04% | — | — | |
| 43 | ZTS | Zoetis INC | Stock-Healthcare | 0.94% | +0.25% | +14.98% | |
| 44 | VCSH | Vanguard S/t CORP Bond ETF | ETF-Corp Bonds | 0.84% | — | — | |
| 45 | XOM | Exxon Mobil CORP | Stock-Energy | 0.71% | -0.76% | -54.82% | |
| 46 | EFA | Ishares Msci Eafe ETF | ETF-Other | 0.63% | — | +17.51% | |
| 47 | IYR | Ishares US Real Estate ETF | ETF-Other | 0.61% | — | +23.08% | |
| 48 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 0.56% | — | — | |
| 49 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 0.55% | — | — | |
| 50 | T | At&t INC | Stock-Comm Services | 0.54% | — | -0.51% |
Not enough priced holdings yet to compute performance
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2017-12-31 | 86 | $105.8M | 0 | |
| 2017-09-30 | 82 | $110.2M | 32 | |
| 2017-06-30 | 64 | $115.6M | 17 | |
| 2017-03-31 | 64 | $112.3M | 29 | |
| 2016-12-31 | 52 | $96.0M | 50 | |
| 2016-09-30 | 61 | $106.3M | 31 | |
| 2016-06-30 | 62 | $104.1M | 35 | |
| 2016-03-31 | 62 | $99.7M | 57 | |
| 2015-12-31 | 57 | $102.0M | 80 | |
| 2015-09-30 | 57 | $95.0M | 44 | |
| 2015-06-30 | 64 | $105.8M | 49 | |
| 2015-03-31 | 65 | $108.8M | 73 | |
| 2014-12-31 | 207 | $109.7M | 0 |
Hutchens Investment Management Inc's most significant position changes for 2017-12-31: New buy: Intl Business Machines CORP (IBM); Sold out: Intuit INC (INTU); Sold out: Adobe INC (ADBE); New buy: S&p Global INC (SPGI); Sold out: Philip Morris International (PM).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | IBM | Intl Business Machines CORP | +2.1% | NEW | New buy |
| 2 | SPGI | S&p Global INC | +2% | NEW | New buy |
| 3 | INTC | Intel CORP | +0.5% | -0.69% | Trim |
| 4 | BA | Boeing Co/the | +0.5% | -2.28% | Trim |
| 5 | MMM | 3m Co | +0.5% | +3.77% | Add |
| 6 | AMZN | Amazon.com INC | +0.4% | -4.65% | Trim |
| 7 | MSFT | Microsoft CORP | +0.4% | +3.04% | Add |
| 8 | AAPL | Apple INC | +0.4% | +2.93% | Add |
| 9 | UNH | Unitedhealth Group INC | +0.4% | +8.23% | Add |
| 10 | DHR | Danaher CORP | +0.4% | +4.33% | Add |
| 11 | NVR | Nvr INC | +0.3% | NEW | New buy |
| 12 | STZ | Constellation Brands Inc-a | +0.3% | +5.23% | Add |
| 13 | DIS | Walt Disney Co/the | +0.3% | +5.56% | Add |
| 14 | CTAS | Cintas CORP | +0.3% | NEW | New buy |
| 15 | CHE | Chemed CORP | +0.3% | NEW | New buy |
| 16 | CSCO | Cisco Systems INC | +0.3% | -5.82% | Trim |
| 17 | AJG | Arthur J Gallagher & Co | +0.3% | NEW | New buy |
| 18 | AVY | Avery Dennison CORP | +0.3% | NEW | New buy |
| 19 | XYL | Xylem INC | +0.3% | NEW | New buy |
| 20 | MAS | Masco CORP | +0.3% | NEW | New buy |
| 21 | SBUX | Starbucks CORP | +0.3% | +4.01% | Add |
| 22 | ZTS | Zoetis INC | +0.3% | +14.98% | Add |
| 23 | GOOG | Alphabet Inc-cl C | +0.3% | +6.87% | Add |
| 24 | OPLN | Openlane INC | +0.2% | NEW | New buy |
| 25 | LMEUR | Legg Mason INC | +0.2% | NEW | New buy |
| 26 | ROL | Rollins INC | +0.2% | NEW | New buy |
| 27 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | +0.2% | +16.26% | Add |
| 28 | BR | Broadridge Financial Solutio | +0.2% | NEW | New buy |
| 29 | BKNG | Booking Hldgs INC | -0.1% | -5.27% | Trim |
| 30 | BXUSD | Blackstone Group Lp/the | -0.2% | -6.51% | Trim |
| 31 | AMGN | Amgen INC | -0.2% | -4.08% | Trim |
| 32 | GWPH | Gw Pharmaceuticals LTD | -0.2% | EXIT | Sold out |
| 33 | AMAT | Applied Materials INC | -0.2% | -14.05% | Trim |
| 34 | DNKN | Dunkin' Brands Group INC | -0.2% | EXIT | Sold out |
| 35 | FRCB | First Republic Bank/ca | -0.2% | EXIT | Sold out |
| 36 | TMO | Thermo Fisher Scientific INC | -0.3% | -15.57% | Trim |
| 37 | SNAP | Snap INC - A | -0.3% | EXIT | Sold out |
| 38 | IT | Gartner INC | -0.3% | EXIT | Sold out |
| 39 | TWTRUSD | Twitter INC | -0.3% | EXIT | Sold out |
| 40 | SYK | Stryker CORP | -0.4% | -26.50% | Trim |
| 41 | SLB | Slb LTD | -0.5% | -27.85% | Trim |
| 42 | ICE | Intercontinental Exchange In | -0.5% | -29.23% | Trim |
| 43 | XOM | Exxon Mobil CORP | -0.8% | -54.82% | Trim |
| 44 | ISRG | Intuitive Surgical INC | -0.9% | +59.86% | Add |
| 45 | CELG | Celgene CORP | -1.1% | -23.18% | Trim |
| 46 | ADP | Automatic Data Processing | -1.1% | -87.11% | Trim |
| 47 | PM | Philip Morris International | -1.3% | EXIT | Sold out |
| 48 | ADBE | Adobe INC | -1.9% | EXIT | Sold out |
| 49 | INTU | Intuit INC | -1.9% | EXIT | Sold out |
| 50 | SCHW | Schwab (charles) CORP | -2.2% | -86.85% | Trim |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2017-12-31 | 2018-02-06 | Amendment | View on EDGAR |
| 2017-12-31 | 2018-01-10 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-10-12 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-07-10 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-05-17 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-02-14 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2016-10-21 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2016-08-10 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2016-05-13 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2016-02-12 | Amendment | View on EDGAR |
| 2015-12-31 | 2016-01-27 | 13F-HR | View on EDGAR |
| 2015-09-30 | 2016-02-12 | Amendment | View on EDGAR |
| 2015-09-30 | 2015-11-13 | 13F-HR | View on EDGAR |
| 2015-06-30 | 2016-02-12 | Amendment | View on EDGAR |
| 2015-06-30 | 2015-08-13 | 13F-HR | View on EDGAR |
| 2015-03-31 | 2016-02-12 | Amendment | View on EDGAR |
| 2015-03-31 | 2015-05-15 | 13F-HR | View on EDGAR |
| 2014-12-31 | 2016-02-12 | Amendment | View on EDGAR |
| 2014-12-31 | 2015-02-20 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001317264
Total reported value
$105.8M
698 stks
2014-12-31
Stale — no recent filing
AUM within 0.0% of this institution
CIK 0002135623
Total reported value
$105.8M
30 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0000898399
Total reported value
$105.8M
43 stks
2025-12-31
Stale — no recent filing
AUM within 0.0% of this institution
Institutions with overlapping top holdings
CIK 0000051762
Total reported value
$2.2B
173 stks
2025-12-31
Stale — no recent filing
2 of the top 5 holdings overlap, including Jpmorgan Chase & Co
CIK 0000810716
Total reported value
$553.1M
79 stks
2021-03-31
Stale — no recent filing
2 of the top 5 holdings overlap, including Jpmorgan Chase & Co
CIK 0000833018
Total reported value
$5.6B
202 stks
2015-12-31
Stale — no recent filing
2 of the top 5 holdings overlap, including Cisco Systems INC