Bedel Financial Consulting, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 5, 2024), Bedel Financial Consulting, Inc. reported 250 stock positions worth $682.3 million. Its top holding was Eli Lilly (LLY) at 43.4% of the portfolio, followed by Dimensional International (DFAI, 5.0%) and Vanguard Tax-Exempt Bond ETF (VTEB, 4.5%). Compared with Q1 2024, it opened 7 new positions, sold out of 9, added to 104 and reduced 72. The biggest buy was Nvidia (NVDA, shares +3%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- INDIANAPOLIS, IN
- CIK
- 0001730511
- Portfolio Value
- $682.3M (Q2 2024)
- SEC Filing
- 0001765380-24-000277 ↗ filed Aug 5, 2024
Holdings Value
Holdings 250 stocks · $682.3M
| LLY Eli Lilly & Co. | 43.40% | 327,110 | $296.2M | Reduce -0.9% |
| DFAI Dimensional International Co. | 5.03% | 1,155,807 | $34.3M | Add +3.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 4.54% | 618,306 | $31.0M | Reduce -1.1% |
| AAPL Apple Inc. | 2.53% | 81,842 | $17.2M | Reduce -0.5% |
| MSFT Microsoft Corp. | 2.18% | 33,240 | $14.9M | Reduce -2.8% |
| DFAE Dimensional Emerging Core Eq | 2.07% | 546,253 | $14.1M | Add +0.7% |
| EFG iShares MSCI Eafe Growth ETF | 1.82% | 121,216 | $12.4M | Reduce -2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.33% | 16,647 | $9.1M | Add +0.5% |
| CGGR Cap Group Growth Equity | 1.31% | 271,040 | $8.9M | Reduce -1.3% |
| PAPR Innovator U.S. Equity Power | 1.23% | 242,242 | $8.4M | Reduce -0.3% |
| TOTL SS Doubleline TR Tact ETF | 1.16% | 199,317 | $7.9M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.10% | 18,445 | $7.5M | Reduce -1.6% |
| IVV iShares Core S&P 500 ETF | 0.95% | 11,798 | $6.5M | Reduce -1.4% |
| JPM JPMorgan Chase & Co. | 0.93% | 31,318 | $6.3M | Reduce -0.1% |
| PFFV Global X Variable Rate Pref | 0.84% | 241,676 | $5.7M | Reduce -1.8% |
| IMCG iShares Morningstar Mid-Cap | 0.82% | 82,311 | $5.6M | Add +1.8% |
| IMCV iShares Morningstar Mid-Cap | 0.65% | 62,898 | $4.4M | Add +2.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.58% | 51,186 | $4.0M | Add +1.2% |
| FLV American Century Focused Lar | 0.55% | 60,281 | $3.8M | Reduce -7.1% |
| GOOGL Alphabet Inc. Class A | 0.51% | 19,077 | $3.5M | Add +0.1% |
| ISCF iShares International Small | 0.50% | 106,184 | $3.4M | Add +4.0% |
| QUAL iShares MSCI USA Quality Fac | 0.48% | 19,342 | $3.3M | Reduce -4.8% |
| COWZ Pacer US Cash Cows 100 ETF | 0.48% | 59,710 | $3.3M | Add +11.1% |
| FYC First Trust Small Cap Growth | 0.47% | 48,839 | $3.2M | Add +4.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.45% | 11,424 | $3.1M | Add +0.7% |
| NVDA Nvidia Corp. | 0.44% | 24,561 | $3.0M | Add +2.7% |
| DFIV Dimensional International Va | 0.42% | 79,931 | $2.9M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 0.42% | 15,562 | $2.9M | Add +1.3% |
| XOM Exxon Mobil Corp. | 0.42% | 24,767 | $2.9M | Add +5.2% |
| AMZN Amazon.com Inc. | 0.38% | 13,469 | $2.6M | Add +7.7% |
| IWM iShares Russell 2000 ETF | 0.35% | 11,675 | $2.4M | Reduce -1.7% |
| IWR iShares Russell Mid-Cap ETF | 0.34% | 28,765 | $2.3M | Add +2.8% |
| VNLA Janus Henderson Short Durati | 0.34% | 47,619 | $2.3M | Add +3.1% |
| AMAT Applied Materials Inc. | 0.33% | 9,512 | $2.2M | Add +0.3% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.31% | 48,685 | $2.1M | Add +6.7% |
| ABBV Abbvie Inc. | 0.31% | 12,267 | $2.1M | Add +0.1% |
| JNJ Johnson & Johnson | 0.30% | 14,153 | $2.1M | Reduce -2.2% |
| ORCL Oracle Corp. | 0.30% | 14,586 | $2.1M | Add +0.8% |
| PEP Pepsico Inc. | 0.29% | 12,095 | $2.0M | Reduce -0.2% |
| QGRO American Century US Quality | 0.29% | 22,810 | $2.0M | Add +2.3% |
| CMI Cummins Inc. | 0.29% | 7,078 | $2.0M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.28% | 11,482 | $1.9M | Reduce -0.2% |
| IMCB iShares Morningstar Mid-Cap | 0.27% | 26,700 | $1.9M | Add +14.5% |
| IJH iShares Core S&P Midcap ETF | 0.27% | 31,381 | $1.8M | Reduce -2.0% |
| FNX First Trust Mid Cap Core Alp | 0.27% | 16,900 | $1.8M | No change |
| HD Home Depot Inc. | 0.26% | 5,223 | $1.8M | Add +1.9% |
| WMT Walmart Inc. | 0.26% | 25,854 | $1.8M | Reduce -4.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.25% | 4,503 | $1.7M | Add +0.1% |
| GSPY Gotham Enhanced 500 ETF | 0.24% | 55,818 | $1.7M | Add +12.3% |
| EFA iShares MSCI Eafe ETF | 0.24% | 20,868 | $1.6M | Add +2.2% |
| IWF iShares Russell 1000 Growth | 0.24% | 4,403 | $1.6M | Reduce -1.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 15,933 | $1.6M | Reduce -1.7% |
| POCT Innovator U.S. Equity Power | 0.23% | 40,728 | $1.6M | Reduce -1.7% |
| ISRG Intuitive Surgical Inc. | 0.22% | 3,444 | $1.5M | No change |
| CSCO Cisco Systems Inc. | 0.22% | 31,646 | $1.5M | Add +0.3% |
| KO The Coca-Cola Co. | 0.22% | 23,137 | $1.5M | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 0.22% | 2,940 | $1.5M | Add +3.2% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.21% | 27,181 | $1.4M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 0.21% | 2,818 | $1.4M | Reduce -1.2% |
| HON Honeywell International Inc. | 0.20% | 6,420 | $1.4M | Reduce -5.1% |
| DFAT Dimensional US Target Value | 0.20% | 26,380 | $1.4M | Add +4.6% |
| MCD McDonald's Corp. | 0.20% | 5,306 | $1.4M | Add +0.5% |
| CVX Chevron Corp. | 0.19% | 8,319 | $1.3M | Add +1.4% |
| UOCT Innovator U.S. Equity Ultra | 0.19% | 37,597 | $1.3M | Reduce -19.6% |
| MINT PIMCO Enhanced Short Maturit | 0.19% | 12,680 | $1.3M | Reduce -1.0% |
| IWS iShares Russell Mid-Cap Valu | 0.18% | 10,418 | $1.3M | Reduce -0.1% |
| VXUS Vanguard Total Intl Stock | 0.18% | 20,153 | $1.2M | Add +0.5% |
| BUFB Innovator Ladd Allo Buff ETF | 0.17% | 38,925 | $1.2M | Add +16.2% |
| SPG Simon Property Group Inc. | 0.17% | 7,706 | $1.2M | Add +0.0% |
| ADP Automatic Data Processing | 0.17% | 4,871 | $1.2M | Reduce -7.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.17% | 27,586 | $1.1M | Add +8.3% |
| LOW Lowe's Cos Inc. | 0.17% | 5,135 | $1.1M | Reduce -1.6% |
| TSLA Tesla Inc. | 0.16% | 5,499 | $1.1M | Add +42.0% |
| INTC Intel Corp. | 0.15% | 33,177 | $1.0M | Reduce -1.3% |
| ORLY O'reilly Automotive Inc. | 0.15% | 970 | $1.0M | No change |
| TCHP T Rowe Price Blue Chip Growt | 0.15% | 26,340 | $1.0M | Add +4.3% |
| DFAS Dimensional US Small Cap ETF | 0.15% | 16,913 | $1.0M | Add +10.9% |
| BSX Boston Scientific Corp. | 0.15% | 13,053 | $1.0M | No change |
| FDN First Trust DJ Internet Ind | 0.15% | 4,899 | $1.0M | Add +0.5% |
| AXP American Express Co. | 0.15% | 4,335 | $1.0M | Reduce -2.9% |
| DHR Danaher Corp. | 0.14% | 3,938 | $984K | No change |
| COST Costco Wholesale Corp. | 0.14% | 1,149 | $977K | Add +15.5% |
| PSEP Innovator U.S. Equity Power | 0.14% | 24,576 | $921K | Reduce -0.7% |
| HBAN Huntington Bancshares Inc. | 0.13% | 69,491 | $916K | Add +0.7% |
| ITW Illinois Tool Works | 0.13% | 3,760 | $891K | Reduce -8.9% |
| PJAN Innovator U.S. Equity Power | 0.13% | 21,733 | $874K | Reduce -2.4% |
| MRK Merck & Co. Inc. | 0.13% | 7,001 | $867K | Add +11.8% |
| PNOV Innovator U.S. Equity Power | 0.12% | 23,250 | $844K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.12% | 5,249 | $842K | Add +0.1% |
| IWP iShares Russell Mid-Cap Grow | 0.12% | 7,604 | $839K | Reduce -0.2% |
| BAPR Innovator U.S. Equity Buffer | 0.12% | 19,152 | $795K | Reduce -3.3% |
| HELO JPMorgan Hedged Equity ETF | 0.12% | 13,469 | $789K | Add +49.6% |
| ADBE Adobe Inc. | 0.12% | 1,418 | $787K | Reduce -1.5% |
| PFE Pfizer Inc. | 0.11% | 27,973 | $783K | Add +0.3% |
| NEE Nextera Energy Inc. | 0.11% | 10,981 | $778K | No change |
| PJUL Innovator U.S. Equity Power | 0.11% | 19,393 | $753K | Add +48.1% |
| IWD iShares Russell 1000 Value E | 0.11% | 4,271 | $745K | Reduce -2.4% |
| SCHB Schwab US Broad Market ETF | 0.11% | 11,843 | $745K | No change |
| VNQ Vanguard Real Estate ETF | 0.11% | 8,881 | $744K | Reduce -0.5% |
| GLD SPDR Gold Shares | 0.11% | 3,391 | $729K | Add +3.0% |
Options reported separately and not counted above: LLY puts ($19K).
Portfolio Sells Q1 2024 → Q2 2024
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -1.1% | 4.54% | −0.42 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -2.6% | 1.82% | −0.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 1.10% | −0.14 |
| FLV American Century Focused Lar | Reduce -7.1% | 0.55% | −0.11 |
| TOTL SS Doubleline TR Tact ETF | Reduce -0.1% | 1.16% | −0.09 |
| INTC Intel Corp. | Reduce -1.3% | 0.15% | −0.08 |
| DIS The Walt Disney Co. | Reduce -1.7% | 0.23% | −0.08 |
| MSFT Microsoft Corp. | Reduce -2.8% | 2.18% | −0.08 |
| PFFV Global X Variable Rate Pref | Reduce -1.8% | 0.84% | −0.08 |
| CGGR Cap Group Growth Equity | Reduce -1.3% | 1.31% | −0.07 |
| UOCT Innovator U.S. Equity Ultra | Reduce -19.6% | 0.19% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -0.1% | 0.93% | −0.06 |
| JNJ Johnson & Johnson | Reduce -2.2% | 0.30% | −0.06 |
| PAPR Innovator U.S. Equity Power | Reduce -0.3% | 1.23% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -1.7% | 0.35% | −0.04 |
| ITW Illinois Tool Works | Reduce -8.9% | 0.13% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -1.6% | 0.17% | −0.04 |
| CTOS Custom Truck One Source Inc. | Sold out | 0.00% | −0.04 |
| DFIV Dimensional International Va | Reduce -0.3% | 0.42% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -1.4% | 0.95% | −0.04 |
| PEP Pepsico Inc. | Reduce -0.2% | 0.29% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -4.8% | 0.48% | −0.04 |
| IJH iShares Core S&P Midcap ETF | Reduce -2.0% | 0.27% | −0.04 |
| ADP Automatic Data Processing | Reduce -7.0% | 0.17% | −0.03 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.03 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.03 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.03 |
| CI The Cigna Group | Sold out | 0.00% | −0.03 |
| IHI iShares U.S. Medical Devices | Sold out | 0.00% | −0.03 |
| WAT Waters Corp. | Sold out | 0.00% | −0.03 |
| KWR Quaker Chemical Corporation | Sold out | 0.00% | −0.03 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.03 |
| COP Conocophillips | Reduce -15.7% | 0.05% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -0.1% | 0.18% | −0.02 |
| USB US Bancorp | Reduce -5.0% | 0.07% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -14.1% | 0.03% | −0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -1.3% | 0.21% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -3.5% | 0.08% | −0.02 |
| HON Honeywell International Inc. | Reduce -5.1% | 0.20% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 0.28% | −0.02 |
| POCT Innovator U.S. Equity Power | Reduce -1.7% | 0.23% | −0.02 |
| MINT PIMCO Enhanced Short Maturit | Reduce -1.0% | 0.19% | −0.01 |
| V Visa Inc. Class A | Reduce -0.8% | 0.10% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -2.4% | 0.11% | −0.01 |
| IWP iShares Russell Mid-Cap Grow | Reduce -0.2% | 0.12% | −0.01 |
| AXP American Express Co. | Reduce -2.9% | 0.15% | −0.01 |
| VNQ Vanguard Real Estate ETF | Reduce -0.5% | 0.11% | −0.01 |
| GE General Electric | Reduce -12.9% | 0.03% | −0.01 |
| TGT Target Corp. | Reduce -0.3% | 0.04% | −0.01 |
| AMD Advanced Micro Devices | Reduce -0.4% | 0.06% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | Add +2.7% | 0.44% | +0.11 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.51% | +0.06 |
| IJUL Innovator International Deve | New | 0.05% | +0.05 |
| TSLA Tesla Inc. | Add +42.0% | 0.16% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +1.3% | 0.42% | +0.05 |
| SHOP Shopify Inc. Class A | New | 0.05% | +0.05 |
| HELO JPMorgan Hedged Equity ETF | Add +49.6% | 0.12% | +0.04 |
| SCMB Schwab Municipal Bond ETF | New | 0.03% | +0.03 |
| PJUN Innovator U.S. Equity Power | New | 0.03% | +0.03 |
| PJUL Innovator U.S. Equity Power | Add +48.1% | 0.11% | +0.03 |
| TMUS T-Mobile US Inc. | New | 0.03% | +0.03 |
| CEG Constellation Energy | New | 0.03% | +0.03 |
| IRM Iron Mountain Inc. | New | 0.03% | +0.03 |
| COST Costco Wholesale Corp. | Add +15.5% | 0.14% | +0.03 |
| AMZN Amazon.com Inc. | Add +7.7% | 0.38% | +0.03 |
| AMAT Applied Materials Inc. | Add +0.3% | 0.33% | +0.02 |
| BUFB Innovator Ladd Allo Buff ETF | Add +16.2% | 0.17% | +0.02 |
| GSPY Gotham Enhanced 500 ETF | Add +12.3% | 0.24% | +0.02 |
| ORCL Oracle Corp. | Add +0.8% | 0.30% | +0.02 |
| AVGO Broadcom Inc. | Add +6.0% | 0.08% | +0.01 |
| NJR New Jersey Resources Corp. | Add +42.1% | 0.05% | +0.01 |
| TCHP T Rowe Price Blue Chip Growt | Add +4.3% | 0.15% | +0.01 |
| QCOM Qualcomm Inc. | Add +0.6% | 0.10% | +0.01 |
| IMCB iShares Morningstar Mid-Cap | Add +14.5% | 0.27% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.1% | 0.05% | +0.01 |
| ELV Elevance Health Inc. | Add +6.5% | 0.11% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.1% | 0.25% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +9.1% | 0.08% | +0.00 |
| PM Philip Morris International | Add +1.0% | 0.08% | +0.00 |
| IUSG iShares Core S&P U.S. Growth | Add +0.8% | 0.10% | +0.00 |
| AMGN Amgen Inc. | Add +0.7% | 0.07% | +0.00 |
| T AT&T Inc. | Add +3.4% | 0.05% | +0.00 |
| TSCO Tractor Supply Company | Add +9.0% | 0.03% | +0.00 |
| TJX TJX Companies Inc. | Add +0.1% | 0.05% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +3.2% | 0.22% | +0.00 |
| GLD SPDR Gold Shares | Add +3.0% | 0.11% | +0.00 |
| DUK Duke Energy Corp. | Add +2.9% | 0.06% | −0.00 |
| DFAS Dimensional US Small Cap ETF | Add +10.9% | 0.15% | −0.00 |
| VZ Verizon Communications Inc. | Add +5.9% | 0.04% | −0.00 |
| MS Morgan Stanley | Add +0.0% | 0.04% | −0.00 |
| FDX FedEx Corp. | Add +0.2% | 0.05% | −0.00 |
| VSS Vanguard Ftse All Wo X-US SC | Add +1.2% | 0.03% | −0.00 |
| TIP iShares Tips Bond ETF | Add +1.4% | 0.03% | −0.00 |
| RTX RTX Corp. | Add +1.2% | 0.08% | −0.00 |
| PRU Prudential Financial Inc. | Add +0.5% | 0.03% | −0.00 |
| BIV Vanguard Intermediate-Term B | Add +0.9% | 0.03% | −0.00 |
| DFS Discover Financial Services | Add +0.2% | 0.03% | −0.00 |
| BIBL Inspire 100 ETF | Add +1.5% | 0.03% | −0.00 |
| MRK Merck & Co. Inc. | Add +11.8% | 0.13% | −0.00 |
| OKE Oneok Inc. | Add +0.1% | 0.05% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 307 | $1.0B | LLY, DFAI, VTEB, DFAE, AAPL |
| Q1 2026 | 293 | $870.0M | LLY, DFAI, VTEB, DFAE, AAPL |
| Q4 2025 | 289 | $929.3M | LLY, DFAI, VTEB, DFAE, AAPL |
| Q3 2025 | 285 | $782.8M | LLY, DFAI, VTEB, AAPL, DFAE |
| Q2 2025 | 273 | $732.3M | LLY, DFAI, VTEB, DFAE, MSFT |
| Q1 2025 | 260 | $697.0M | LLY, DFAI, VTEB, AAPL, DFAE |
| Q4 2024 | 266 | $719.4M | LLY, DFAI, VTEB, AAPL, DFAE |
| Q3 2024 | 258 | $708.7M | LLY, DFAI, VTEB, AAPL, DFAE |
| Q2 2024 | 250 | $682.3M | LLY, DFAI, VTEB, AAPL, MSFT |
| Q1 2024 | 252 | $637.4M | LLY, DFAI, VTEB, MSFT, AAPL |