Goelzer Investment Management, Inc.

Name: Goelzer Investment Management, Inc. 13F holdings, Q4 2024
Creator: Goelzer Investment Management, Inc.
Published: 2025-01-21

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 21, 2025), Goelzer Investment Management, Inc. reported 235 stock positions worth $1.7 billion. Its top holding was Eli Lilly (LLY) at 24.5% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 8.5%) and SS SPDR S&P 600 SC Val ETF (SLYV, 4.2%). Compared with Q3 2024, it opened 13 new positions, sold out of 3, added to 57 and reduced 134. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale CVS Health (CVS, shares −86%).

Most Recent 13F: Q2 2026
Location: CARMEL, IN
CIK: 0001550057
Portfolio Value: $1.7B (Q4 2024)
SEC Filing: 0001085146-25-000355 ↗ filed Jan 21, 2025

Holdings Value

Holdings 235 stocks · $1.7B


LLY Eli Lilly & Co.	24.53%	547,438	$422.6M	Add +0.1%
IVV iShares Core S&P 500 ETF	8.46%	247,578	$145.7M	Reduce -1.0%
SLYV SS SPDR S&P 600 SC Val ETF	4.25%	838,513	$73.2M	Reduce -8.0%
IJH iShares Core S&P Midcap ETF	4.10%	1,133,441	$70.6M	Reduce -4.0%
AAPL Apple Inc.	2.23%	153,462	$38.4M	Add +0.9%
MSFT Microsoft Corp.	2.15%	87,911	$37.1M	Reduce -0.5%
SCHF Schwab Intl Equity ETF	2.05%	1,906,668	$35.3M	Reduce -0.4%
ETN Eaton Corp. PLC	1.11%	57,580	$19.1M	Reduce -2.7%
IJR iShares Core S&P Small-Cap E	1.10%	164,899	$19.0M	Reduce -14.4%
GOOG Alphabet Inc. Class C	1.05%	95,112	$18.1M	Reduce -0.8%
XOM Exxon Mobil Corp.	1.03%	165,475	$17.8M	Reduce -1.9%
QCOM Qualcomm Inc.	0.96%	107,601	$16.5M	Reduce -2.3%
TLH iShares 10-20 Year Treasury	0.88%	151,809	$15.1M	Reduce -7.0%
AVGO Broadcom Inc.	0.84%	62,594	$14.5M	Reduce -10.9%
LMT Lockheed Martin Corp.	0.82%	28,926	$14.1M	Reduce -1.1%
NVDA Nvidia Corp.	0.79%	101,516	$13.6M	Add +0.3%
JMBS Janus Henderson Mortg Backed	0.77%	299,873	$13.2M	Reduce -1.0%
OHI Omega Healthcare Investors	0.76%	344,504	$13.0M	Reduce -1.7%
MRK Merck & Co. Inc.	0.76%	131,045	$13.0M	Reduce -2.2%
JPM JPMorgan Chase & Co.	0.73%	52,185	$12.5M	Reduce -0.5%
IGSB iShares 1-5Y Inv Grade Corp.	0.72%	239,034	$12.4M	Reduce -10.2%
PEP Pepsico Inc.	0.70%	79,303	$12.1M	Reduce -2.0%
CVX Chevron Corp.	0.68%	81,211	$11.8M	Reduce -1.9%
NI Nisource Inc.	0.68%	317,899	$11.7M	Reduce -0.8%
USB US Bancorp	0.67%	240,154	$11.5M	Reduce -1.6%
MUNI PIMCO Intermediate Municipal	0.65%	216,752	$11.2M	Reduce -6.0%
AMZN Amazon.com Inc.	0.64%	50,314	$11.0M	Add +4.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.58%	229,046	$10.1M	Reduce -0.9%
BRK.B Berkshire Hathaway Inc. Class B	0.57%	21,712	$9.8M	Add +8.0%
IWD iShares Russell 1000 Value E	0.57%	52,952	$9.8M	Reduce -9.0%
PFG Principal Financial Group	0.55%	121,946	$9.4M	Reduce -2.2%
ADI Analog Devices Inc.	0.54%	43,984	$9.3M	Reduce -2.7%
TRV The Travelers Cos Inc.	0.54%	38,709	$9.3M	Reduce -2.3%
ABBV Abbvie Inc.	0.53%	51,612	$9.2M	Reduce -2.0%
ENB Enbridge Inc.	0.52%	210,866	$8.9M	Reduce -2.7%
PANW Palo Alto Networks Inc.	0.52%	49,089	$8.9M	Add +2.6%
COST Costco Wholesale Corp.	0.51%	9,677	$8.9M	Reduce -1.5%
SPY SS SPDR S&P 500 ETF Trust-US	0.51%	15,114	$8.9M	Reduce -2.4%
CFG Citizens Financial Group	0.51%	201,177	$8.8M	Reduce -2.5%
TEL Te Connectivity PLC	0.50%	60,593	$8.7M	Reduce -1.3%
APD Air Products & Chemicals Inc.	0.49%	29,375	$8.5M	Reduce -18.9%
UNH Unitedhealth Group Inc.	0.49%	16,532	$8.4M	Add +10.2%
JNJ Johnson & Johnson	0.48%	57,360	$8.3M	Reduce -1.8%
ETR Entergy Corp.	0.48%	108,858	$8.3M	Reduce -1.6%
V Visa Inc. Class A	0.47%	25,575	$8.1M	Reduce -2.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.46%	35,895	$7.9M	Reduce -1.8%
GNTX Gentex Corp.	0.46%	273,958	$7.9M	Reduce -2.5%
WMT Walmart Inc.	0.44%	83,614	$7.6M	Reduce -30.4%
VZ Verizon Communications Inc.	0.44%	188,380	$7.5M	Reduce -1.6%
CSCO Cisco Systems Inc.	0.43%	126,632	$7.5M	Reduce -2.0%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.42%	64,503	$7.3M	Add +15.5%
AEP American Electric Power	0.42%	78,187	$7.2M	Reduce -2.0%
PRU Prudential Financial Inc.	0.42%	60,407	$7.2M	Reduce -2.3%
BMY Bristol-Myers Squibb Co.	0.41%	126,307	$7.1M	Reduce -3.5%
PG The Procter & Gamble Co.	0.40%	41,452	$6.9M	Reduce -3.8%
GATX Gatx Corp.	0.40%	44,539	$6.9M	Reduce -0.1%
IVW iShares S&P 500 Growth ETF	0.39%	65,977	$6.7M	Reduce -7.5%
ADBE Adobe Inc.	0.39%	15,038	$6.7M	Add +24.1%
MDY State Street SPDR S&P Midcap	0.38%	11,491	$6.5M	Reduce -1.4%
BKNG Booking Holdings Inc.	0.38%	1,313	$6.5M	Add +1.1%
MCK McKesson Corp.	0.37%	11,071	$6.3M	Reduce -2.5%
WSM Williams-Sonoma Inc.	0.37%	33,977	$6.3M	Reduce -2.2%
SYY Sysco Corp.	0.36%	81,838	$6.3M	Reduce -3.9%
IJK iShares S&P Mid-Cap 400 Grow	0.36%	68,671	$6.2M	Reduce -4.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.36%	51,418	$6.2M	Reduce -0.9%
INGR Ingredion Inc.	0.36%	44,562	$6.1M	Reduce -2.2%
LOW Lowe's Cos Inc.	0.35%	24,364	$6.0M	Add +0.8%
IPG Interpublic Group of Cos Inc.	0.35%	212,451	$6.0M	Reduce -2.6%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.34%	53,581	$5.9M	Reduce -4.1%
MDT Medtronic PLC	0.33%	71,441	$5.7M	Reduce -1.4%
CAT Caterpillar Inc.	0.33%	15,639	$5.7M	Add +2.6%
APO Apollo Global Management Inc.	0.33%	34,287	$5.7M	Add +0.9%
META Meta Platforms Inc. Class A	0.33%	9,641	$5.6M	Add +6.1%
ACWX iShares MSCI Acwi Ex US ETF	0.32%	106,880	$5.6M	Reduce -2.5%
AZN Astrazeneca PLC-Spons ADR	0.32%	83,689	$5.5M	Add +37.9%
SBUX Starbucks Corp.	0.32%	59,579	$5.4M	Reduce -3.1%
ANET Arista Networks Inc.	0.31%	48,637	$5.4M	Reduce -20.0%
TGT Target Corp.	0.31%	39,599	$5.4M	Reduce -1.1%
HD Home Depot Inc.	0.31%	13,612	$5.3M	Reduce -2.2%
IGIB iShares 5-10Y Inv Grade Corp.	0.31%	102,530	$5.3M	Add +5.3%
UNP Union Pacific Corp.	0.30%	22,809	$5.2M	Reduce -2.0%
RTX RTX Corp.	0.30%	44,897	$5.2M	Reduce -1.2%
HON Honeywell International Inc.	0.30%	22,877	$5.2M	Reduce -0.9%
SO The Southern Co.	0.29%	60,552	$5.0M	Reduce -2.8%
PFE Pfizer Inc.	0.28%	184,109	$4.9M	Reduce -3.8%
TSLA Tesla Inc.	0.28%	12,072	$4.9M	Add +0.9%
FITB Fifth Third Bancorp	0.26%	106,314	$4.5M	Reduce -2.3%
RIO Rio Tinto PLC-Spon ADR	0.26%	76,431	$4.5M	Reduce -3.6%
MA Mastercard Inc. Class A	0.26%	8,531	$4.5M	Add +2.6%
CI The Cigna Group	0.26%	15,971	$4.4M	Reduce -2.7%
IJJ iShares S&P Mid-Cap 400 Valu	0.25%	34,699	$4.3M	Add +0.0%
AXP American Express Co.	0.25%	14,351	$4.3M	Reduce -3.7%
JCI Johnson Controls Internation	0.24%	52,948	$4.2M	Reduce -1.6%
BWA Borgwarner Inc.	0.24%	129,896	$4.1M	Reduce -1.9%
BRK.A Berkshire Hathaway Inc. Class A	0.24%	6	$4.1M	New
SWK Stanley Black & Decker Inc.	0.24%	50,460	$4.1M	Reduce -3.3%
CTVA Corteva Inc.	0.23%	70,689	$4.0M	Reduce -1.8%
ZTS Zoetis Inc.	0.23%	23,940	$3.9M	Add +0.0%
IQV Iqvia Holdings Inc.	0.23%	19,754	$3.9M	Reduce -1.0%
ULTA Ulta Beauty Inc.	0.22%	8,788	$3.8M	Reduce -1.5%
THG Hanover Insurance Group Inc./	0.22%	24,430	$3.8M	Reduce -2.6%
NXST Nexstar Media Group Inc.	0.22%	23,490	$3.7M	Reduce -1.8%
EQIX Equinix Inc.	0.21%	3,926	$3.7M	Reduce -0.1%
FCX Freeport-McMoran Inc.	0.20%	90,612	$3.5M	Reduce -1.6%
IWF iShares Russell 1000 Growth	0.20%	8,525	$3.4M	Reduce -44.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.20%	30,431	$3.4M	Reduce -2.3%
KLAC KLA Corp.	0.20%	5,333	$3.4M	Reduce -0.6%
ISRG Intuitive Surgical Inc.	0.19%	6,412	$3.3M	Add +1.4%
EMN Eastman Chemical Co.	0.19%	36,341	$3.3M	New
TMUS T-Mobile US Inc.	0.19%	15,031	$3.3M	Reduce -0.1%
NEE Nextera Energy Inc.	0.19%	46,218	$3.3M	Add +0.1%
BSX Boston Scientific Corp.	0.18%	35,337	$3.2M	Add +1.8%
GLW Corning Inc.	0.18%	65,816	$3.1M	Add +0.4%
WFC Wells Fargo & Co.	0.18%	44,110	$3.1M	Reduce -2.7%
SCHW Schwab (charles) Corp.	0.18%	41,831	$3.1M	Reduce -2.9%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.18%	79,151	$3.0M	Reduce -5.0%
EOG EOG Resources Inc.	0.17%	23,276	$2.9M	Reduce -2.0%
BAX Baxter International Inc.	0.16%	96,215	$2.8M	Reduce -6.6%
ACN Accenture PLC Class A	0.16%	7,661	$2.7M	Add +1.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.15%	10,000	$2.6M	Reduce -6.8%
VB Vanguard Most SM-Cap ETF-Usd	0.15%	10,447	$2.5M	Reduce -2.4%
IWR iShares Russell Mid-Cap ETF	0.13%	25,577	$2.3M	Reduce -0.1%
IWS iShares Russell Mid-Cap Valu	0.13%	16,959	$2.2M	Reduce -1.4%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F	0.13%	42,473	$2.2M	Reduce -55.4%
IJS iShares S&P Small-Cap 600 Va	0.12%	18,582	$2.0M	Reduce -8.1%
PII Polaris Inc.	0.11%	34,224	$2.0M	Reduce -9.8%
QQQ Invesco QQQ Trust Series 1	0.11%	3,852	$2.0M	Reduce -9.3%
CARR Carrier Global Corp.	0.11%	27,611	$1.9M	No change
AIG American International Group	0.11%	25,700	$1.9M	Reduce -5.9%
BAH Booz Allen Hamilton Holdings	0.10%	13,459	$1.7M	New
EFA iShares MSCI Eafe ETF	0.09%	20,608	$1.6M	Reduce -0.3%
VEEV Veeva Systems Inc. Class A	0.09%	7,225	$1.5M	Add +0.6%
VTI VG Morningstar TS MKT ETF-US	0.09%	5,201	$1.5M	Reduce -6.9%
TLT iShares 20+ Year Treasury BD	0.08%	15,401	$1.3M	Add +1.4%
CMI Cummins Inc.	0.07%	3,699	$1.3M	Add +4.5%
BND Vanguard Total Bond Market	0.07%	17,719	$1.3M	Add +7.3%
OTIS Otis Worldwide Corp.	0.07%	12,995	$1.2M	No change
ADP Automatic Data Processing	0.07%	4,061	$1.2M	Reduce -3.0%
GOOGL Alphabet Inc. Class A	0.07%	6,237	$1.2M	Reduce -4.5%
ORCL Oracle Corp.	0.07%	6,838	$1.1M	Add +10.4%
MCD McDonald's Corp.	0.06%	3,815	$1.1M	Add +2.8%
AGZ iShares Agency Bond ETF	0.06%	10,132	$1.1M	Add +16.0%
NSC Norfolk Southern Corp.	0.06%	4,471	$1.0M	No change
VGT Vanguard Info Tech ETF	0.06%	1,659	$1.0M	Add +2.0%
VONG Vanguard Russell 1000 Growth	0.06%	9,307	$961K	Reduce -58.5%
EMR Emerson Electric Co.	0.06%	7,656	$949K	No change
VBR Vngrd Mrngst SL-CP Val ETF-U	0.05%	4,430	$878K	Reduce -4.2%
DLR Digital Realty Trust Inc.	0.05%	4,856	$861K	Reduce -3.6%
XLE SS Energy Select Sector	0.05%	9,863	$845K	Add +0.5%
ABT Abbott Laboratories	0.05%	7,353	$832K	Reduce -0.6%
FMAO Farmers & Merchants Banco	0.05%	27,564	$812K	No change
VRTX Vertex Pharmaceuticals Inc.	0.04%	1,915	$771K	Add +1.5%
GSLC Goldman Activebeta US LC ETF	0.04%	6,687	$770K	No change
XLF SS Financial Select Sector	0.04%	15,462	$747K	Add +12.9%
VOO Vanguard S&P 500 ETF	0.04%	1,363	$734K	Add +38.8%
QUAL iShares MSCI USA Quality Fac	0.04%	4,111	$732K	No change
DGII Digi International Inc.	0.04%	23,350	$706K	No change
FELE Franklin Electric Co. Inc.	0.04%	7,055	$688K	New
IEF iShares 7-10 Year Treasury B	0.04%	7,351	$680K	Add +5.0%
IEFA iShares Core MSCI Eafe ETF	0.04%	9,534	$670K	Add +265.6%
TSCO Tractor Supply Company	0.04%	12,587	$668K	Reduce -1.2%
DBEF Xtrackers MSCI Eafe Hedged E	0.04%	15,774	$653K	No change
VWO Vanguard Ftse Emerging Marke	0.04%	14,362	$633K	Add +3.0%
SPHQ Invesco S&P 500 Quality ETF	0.04%	9,370	$628K	New
XLK SS Technology Select Sector	0.04%	2,662	$619K	Reduce -1.2%
IGV iShares Expanded Tech-Softwa	0.04%	6,145	$615K	Reduce -2.5%
ZBH Zimmer Biomet Holdings Inc.	0.03%	5,598	$591K	Reduce -0.8%
FAST Fastenal Co.	0.03%	8,050	$579K	Reduce -2.8%
BA The Boeing Co.	0.03%	3,213	$569K	Add +3.6%
MMM 3M Co.	0.03%	4,350	$562K	No change
SNA Snap-on Inc.	0.03%	1,628	$553K	Add +1.7%
CRWD CrowdStrike Holdings Inc. Class A	0.03%	1,612	$552K	Reduce -1.8%
XLY SS Consumer Disc Select Sect	0.03%	2,452	$550K	Add +0.1%
ECL Ecolab Inc.	0.03%	2,315	$542K	Add +1.5%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.03%	2,114	$536K	Add +10.8%
BLK BlackRock Inc.	0.03%	510	$523K	New
WM Waste Management Inc.	0.03%	2,546	$514K	No change
XLV SS Health Care Select Sector	0.03%	3,666	$504K	Reduce -1.0%
AON Aon PLC Class A	0.03%	1,386	$498K	Reduce -4.1%
VONE Vanguard Russell 1000	0.03%	1,834	$489K	Add +42.6%
VLO Valero Energy Corp.	0.03%	3,980	$488K	Add +3.4%
CVS CVS Health Corp.	0.03%	10,850	$487K	Reduce -85.7%
GD General Dynamics Corp.	0.03%	1,838	$484K	No change
AAXJ iShares MSCI All Country Asi	0.03%	6,693	$483K	No change
AMT American Tower Corp.	0.03%	2,596	$476K	Reduce -0.3%
FSLR First Solar Inc.	0.03%	2,669	$470K	Reduce -1.7%
VHT Vanguard Health Care ETF	0.03%	1,817	$461K	No change
VOE Vngrd Mrngstr MD-Cap Val ETF	0.02%	2,655	$430K	Add +11.6%
TMO Thermo Fisher Scientific Inc.	0.02%	819	$426K	Add +5.4%
VNQ Vanguard Real Estate ETF	0.02%	4,672	$416K	Reduce -6.5%
IWM iShares Russell 2000 ETF	0.02%	1,863	$412K	No change
TSM Taiwan Semiconductor-SP ADR	0.02%	2,078	$410K	No change
XEL Xcel Energy Inc.	0.02%	6,050	$408K	No change
CR Crane Co.	0.02%	2,672	$405K	No change
VONV Vanguard Russell 1000 Value	0.02%	4,929	$400K	Add +85.1%
KO The Coca-Cola Co.	0.02%	6,295	$392K	Reduce -34.4%
ITOT iShares Core S&P Total U.S.	0.02%	2,971	$382K	Reduce -7.4%
HII Huntington Ingalls Industrie	0.02%	2,022	$382K	Add +1.1%
XLI SS Industrial Select Sector	0.02%	2,870	$378K	Reduce -0.3%
GTLS Chart Industries Inc.	0.02%	1,942	$371K	No change
CB Chubb Ltd.	0.02%	1,340	$370K	Add +10.4%
SYK Stryker Corp.	0.02%	1,015	$365K	Add +0.3%
IVE iShares S&P 500 Value ETF	0.02%	1,900	$363K	New
AFL Aflac Inc.	0.02%	3,503	$362K	No change
VUG Vanguard Mrngstar GR ETF-Sui	0.02%	832	$341K	New
CSX CSX Corp.	0.02%	10,565	$341K	Add +0.4%
VOX Vanguard Communication Servi	0.02%	2,184	$338K	Reduce -0.2%
COP Conocophillips	0.02%	3,332	$330K	Reduce -0.8%
CMCSA Comcast Corp. Class A	0.02%	8,802	$330K	Add +2.1%
VEU Vanguard Ftse All-World Ex-U	0.02%	5,709	$328K	No change
AGG iShares Core U.S. Aggregate	0.02%	3,249	$315K	New
GSIE Goldman Sachs Activebeta Int	0.02%	9,370	$312K	No change
VYM Vanguard High DVD Yield ETF	0.02%	2,431	$310K	Add +32.0%
DKS Dick's Sporting Goods Inc.	0.02%	1,330	$304K	No change
IWP iShares Russell Mid-Cap Grow	0.02%	2,277	$289K	No change
VIG Vanguard Dividend Apprec ETF	0.02%	1,445	$283K	Reduce -3.9%
LIN Linde PLC	0.02%	663	$278K	Reduce -3.9%
KHC The Kraft Heinz Co.	0.02%	8,889	$273K	Reduce -7.5%
EPAM Epam Systems Inc.	0.02%	1,167	$273K	No change
IEMG iShares Core MSCI Emerging	0.02%	5,180	$271K	New
FRME First Merchants Corp.	0.02%	6,765	$270K	New
PSX Phillips 66	0.02%	2,320	$264K	No change
AMGN Amgen Inc.	0.02%	1,010	$263K	Reduce -24.6%
BDX Becton Dickinson and Co.	0.02%	1,159	$263K	Add +9.4%
MPC Marathon Petroleum Corp.	0.01%	1,854	$259K	No change
VTV Vanguard Mrngstr Val ETF-Aui	0.01%	1,519	$257K	New
JIRE JPMorgan Int Res Enh Eqty	0.01%	4,343	$254K	No change
ELV Elevance Health Inc.	0.01%	682	$252K	No change
XLP SS Consumer Staples Sel Sect	0.01%	3,059	$240K	Reduce -0.4%
CL Colgate-Palmolive Co.	0.01%	2,620	$238K	Reduce -28.3%
PAYX Paychex Inc.	0.01%	1,630	$229K	No change
MFC Manulife Financial Corp.	0.01%	7,240	$222K	No change
IWY iShares Russell Top 200 Grow	0.01%	924	$217K	New
AMD Advanced Micro Devices	0.01%	1,799	$217K	Reduce -1.5%
BP BP PLC-Spons ADR	0.01%	7,237	$214K	Reduce -18.8%

Portfolio Sells Q3 2024 → Q4 2024


CVS CVS Health Corp.	Reduce -85.7%	0.03%	−0.23
JMST JPM Ultra-Short Muni Income	Reduce -55.4%	0.13%	−0.14
IJR iShares Core S&P Small-Cap E	Reduce -14.4%	1.10%	−0.13
LMT Lockheed Martin Corp.	Reduce -1.1%	0.82%	−0.12
IWF iShares Russell 1000 Growth	Reduce -44.6%	0.20%	−0.12
SCHF Schwab Intl Equity ETF	Reduce -0.4%	2.05%	−0.11
TLH iShares 10-20 Year Treasury	Reduce -7.0%	0.88%	−0.10
APD Air Products & Chemicals Inc.	Reduce -18.9%	0.49%	−0.10
WMT Walmart Inc.	Reduce -30.4%	0.44%	−0.09
SLYV SS SPDR S&P 600 SC Val ETF	Reduce -8.0%	4.25%	−0.09
SWK Stanley Black & Decker Inc.	Reduce -3.3%	0.24%	−0.08
MRK Merck & Co. Inc.	Reduce -2.2%	0.76%	−0.08
QCOM Qualcomm Inc.	Reduce -2.3%	0.96%	−0.07
VONG Vanguard Russell 1000 Growth	Reduce -58.5%	0.06%	−0.06
PII Polaris Inc.	Reduce -9.8%	0.11%	−0.06
CI The Cigna Group	Reduce -2.7%	0.26%	−0.06
PEP Pepsico Inc.	Reduce -2.0%	0.70%	−0.05
FCX Freeport-McMoran Inc.	Reduce -1.6%	0.20%	−0.05
BAX Baxter International Inc.	Reduce -6.6%	0.16%	−0.05
IGSB iShares 1-5Y Inv Grade Corp.	Reduce -10.2%	0.72%	−0.05
XOM Exxon Mobil Corp.	Reduce -1.9%	1.03%	−0.05
RIO Rio Tinto PLC-Spon ADR	Reduce -3.6%	0.26%	−0.05
PFG Principal Financial Group	Reduce -2.2%	0.55%	−0.04
ABBV Abbvie Inc.	Reduce -2.0%	0.53%	−0.04
JNJ Johnson & Johnson	Reduce -1.8%	0.48%	−0.04
IWD iShares Russell 1000 Value E	Reduce -9.0%	0.57%	−0.04
VZ Verizon Communications Inc.	Reduce -1.6%	0.44%	−0.03
IQV Iqvia Holdings Inc.	Reduce -1.0%	0.23%	−0.03
IPG Interpublic Group of Cos Inc.	Reduce -2.6%	0.35%	−0.03
KLAC KLA Corp.	Reduce -0.6%	0.20%	−0.03
TGT Target Corp.	Reduce -1.1%	0.31%	−0.03
AEP American Electric Power	Reduce -2.0%	0.42%	−0.03
XYL Xylem Inc.	Sold out	0.00%	−0.03
SJM The JM Smucker Co.	Reduce -4.1%	0.34%	−0.03
ADI Analog Devices Inc.	Reduce -2.7%	0.54%	−0.03
MDT Medtronic PLC	Reduce -1.4%	0.33%	−0.03
OHI Omega Healthcare Investors	Reduce -1.7%	0.76%	−0.03
BWA Borgwarner Inc.	Reduce -1.9%	0.24%	−0.02
ACWX iShares MSCI Acwi Ex US ETF	Reduce -2.5%	0.32%	−0.02
PFE Pfizer Inc.	Reduce -3.8%	0.28%	−0.02
MUNI PIMCO Intermediate Municipal	Reduce -6.0%	0.65%	−0.02
SO The Southern Co.	Reduce -2.8%	0.29%	−0.02
SGOV iShares 0-3 Month Treasury B	Sold out	0.00%	−0.02
SLB SLB Ltd.	Reduce -5.0%	0.18%	−0.02
KO The Coca-Cola Co.	Reduce -34.4%	0.02%	−0.01
SBUX Starbucks Corp.	Reduce -3.1%	0.32%	−0.01
UNP Union Pacific Corp.	Reduce -2.0%	0.30%	−0.01
SDY SS SPDR S&P Dividend ETF	Sold out	0.00%	−0.01
FSLR First Solar Inc.	Reduce -1.7%	0.03%	−0.01
AMGN Amgen Inc.	Reduce -24.6%	0.02%	−0.01

Portfolio Buys Q3 2024 → Q4 2024


AAPL Apple Inc.	Add +0.9%	2.23%	+0.29
BRK.A Berkshire Hathaway Inc. Class A	New	0.24%	+0.24
EMN Eastman Chemical Co.	New	0.19%	+0.19
AMZN Amazon.com Inc.	Add +4.0%	0.64%	+0.15
NVDA Nvidia Corp.	Add +0.3%	0.79%	+0.12
TSLA Tesla Inc.	Add +0.9%	0.28%	+0.11
BAH Booz Allen Hamilton Holdings	New	0.10%	+0.10
APO Apollo Global Management Inc.	Add +0.9%	0.33%	+0.10
TROW T Rowe Price Group Inc.	Add +15.5%	0.42%	+0.09
BKNG Booking Holdings Inc.	Add +1.1%	0.38%	+0.08
PANW Palo Alto Networks Inc.	Add +2.6%	0.52%	+0.07
BRK.B Berkshire Hathaway Inc. Class B	Add +8.0%	0.57%	+0.06
AZN Astrazeneca PLC-Spons ADR	Add +37.9%	0.32%	+0.06
ADBE Adobe Inc.	Add +24.1%	0.39%	+0.04
META Meta Platforms Inc. Class A	Add +6.1%	0.33%	+0.04
FELE Franklin Electric Co. Inc.	New	0.04%	+0.04
SPHQ Invesco S&P 500 Quality ETF	New	0.04%	+0.04
MA Mastercard Inc. Class A	Add +2.6%	0.26%	+0.04
BLK BlackRock Inc.	New	0.03%	+0.03
IEFA iShares Core MSCI Eafe ETF	Add +265.6%	0.04%	+0.03
ISRG Intuitive Surgical Inc.	Add +1.4%	0.19%	+0.02
BSX Boston Scientific Corp.	Add +1.8%	0.18%	+0.02
IVE iShares S&P 500 Value ETF	New	0.02%	+0.02
IGIB iShares 5-10Y Inv Grade Corp.	Add +5.3%	0.31%	+0.02
VUG Vanguard Mrngstar GR ETF-Sui	New	0.02%	+0.02
GLW Corning Inc.	Add +0.4%	0.18%	+0.02
AGG iShares Core U.S. Aggregate	New	0.02%	+0.02
IJJ iShares S&P Mid-Cap 400 Valu	Add +0.0%	0.25%	+0.02
FRME First Merchants Corp.	New	0.02%	+0.02
IEMG iShares Core MSCI Emerging	New	0.02%	+0.02
VTV Vanguard Mrngstr Val ETF-Aui	New	0.01%	+0.01
VOO Vanguard S&P 500 ETF	Add +38.8%	0.04%	+0.01
IWY iShares Russell Top 200 Grow	New	0.01%	+0.01
CMI Cummins Inc.	Add +4.5%	0.07%	+0.01
VONV Vanguard Russell 1000 Value	Add +85.1%	0.02%	+0.01
AGZ iShares Agency Bond ETF	Add +16.0%	0.06%	+0.01
VONE Vanguard Russell 1000	Add +42.6%	0.03%	+0.01
ACN Accenture PLC Class A	Add +1.0%	0.16%	+0.01
XLF SS Financial Select Sector	Add +12.9%	0.04%	+0.01
ORCL Oracle Corp.	Add +10.4%	0.07%	+0.01
VGT Vanguard Info Tech ETF	Add +2.0%	0.06%	+0.01
BA The Boeing Co.	Add +3.6%	0.03%	+0.01
SNA Snap-on Inc.	Add +1.7%	0.03%	+0.01
BND Vanguard Total Bond Market	Add +7.3%	0.07%	+0.01
VOT Vngrd Mrngstr MC GRW ETF-Usd	Add +10.8%	0.03%	+0.01
VEEV Veeva Systems Inc. Class A	Add +0.6%	0.09%	+0.01
VYM Vanguard High DVD Yield ETF	Add +32.0%	0.02%	+0.01
XLY SS Consumer Disc Select Sect	Add +0.1%	0.03%	+0.01
UNH Unitedhealth Group Inc.	Add +10.2%	0.49%	+0.00
VOE Vngrd Mrngstr MD-Cap Val ETF	Add +11.6%	0.02%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	314	$2.3B	LLY, IVV, IJH, SCHF, AVGO
Q1 2026	297	$2.1B	LLY, IVV, IJH, SLYV, SCHF
Q4 2025	271	$2.2B	LLY, IVV, SLYV, IJH, SCHF
Q3 2025	247	$1.9B	LLY, IVV, SLYV, IJH, SCHF
Q2 2025	244	$1.8B	LLY, IVV, IJH, SLYV, SCHF
Q1 2025Amended	237	$1.7B	LLY, IVV, IJH, SLYV, SCHF
Q4 2024	235	$1.7B	LLY, IVV, SLYV, IJH, AAPL
Q3 2024	225	$1.8B	LLY, IVV, SLYV, IJH, SCHF
Q2 2024	226	$1.8B	LLY, IVV, IJH, SLYV, MSFT
Q1 2024	239	$1.8B	LLY, IVV, IJH, IJR, SLYV