Goelzer Investment Management, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Goelzer Investment Management, Inc. reported 237 stock positions worth $1.7 billion. Its top holding was Eli Lilly (LLY) at 26.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 8.1%) and iShares Core S&P Midcap ETF (IJH, 3.9%). Compared with Q4 2024, it opened 9 new positions, sold out of 7, added to 88 and reduced 102. The biggest buy was Eli Lilly (LLY, shares +1%) and the biggest sale an exit from JM Smucker (SJM).

Most Recent 13F
Q2 2026
Location
CARMEL, IN
CIK
0001550057
Portfolio Value
$1.7B (Q1 2025)
SEC Filing
0001085146-25-002400 ↗ filed Apr 29, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.8B Q2 2024 Q3 2024: $1.8B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.7B $1.7B Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $1.9B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 237 stocks · $1.7B

LLY Eli Lilly & Co. 26.32% 550,310 $454.5M Add +0.5%
IVV iShares Core S&P 500 ETF 8.15% 250,310 $140.6M Add +1.1%
IJH iShares Core S&P Midcap ETF 3.89% 1,151,952 $67.2M Add +1.6%
SLYV SS SPDR S&P 600 SC Val ETF 3.88% 854,454 $67.0M Add +1.9%
SCHF Schwab Intl Equity ETF 2.17% 1,891,714 $37.4M Reduce -0.8%
AAPL Apple Inc. 1.99% 154,506 $34.3M Add +0.7%
MSFT Microsoft Corp. 1.82% 83,801 $31.5M Reduce -4.7%
XOM Exxon Mobil Corp. 1.13% 164,010 $19.5M Reduce -0.9%
IJR iShares Core S&P Small-Cap E 1.00% 164,803 $17.2M Reduce -0.1%
QCOM Qualcomm Inc. 0.95% 106,614 $16.4M Reduce -0.9%
TLH iShares 10-20 Year Treasury 0.94% 157,196 $16.3M Add +3.5%
AVGO Broadcom Inc. 0.88% 90,916 $15.2M Add +45.3%
GOOG Alphabet Inc. Class C 0.88% 97,244 $15.2M Add +2.2%
JMBS Janus Henderson Mortg Backed 0.81% 311,312 $14.1M Add +3.8%
ETN Eaton Corp. PLC 0.79% 50,385 $13.7M Reduce -12.5%
CVX Chevron Corp. 0.78% 80,092 $13.4M Reduce -1.4%
OHI Omega Healthcare Investors 0.76% 343,153 $13.1M Reduce -0.4%
LMT Lockheed Martin Corp. 0.75% 28,978 $12.9M Add +0.2%
IGSB iShares 1-5Y Inv Grade Corp. 0.74% 244,454 $12.8M Add +2.3%
NI Nisource Inc. 0.74% 316,852 $12.7M Reduce -0.3%
JPM JPMorgan Chase & Co. 0.73% 51,645 $12.7M Reduce -1.0%
PEP Pepsico Inc. 0.68% 78,864 $11.8M Reduce -0.6%
NVDA Nvidia Corp. 0.68% 108,695 $11.8M Add +7.1%
MRK Merck & Co. Inc. 0.68% 130,151 $11.7M Reduce -0.7%
BRK.B Berkshire Hathaway Inc. Class B 0.67% 21,872 $11.6M Add +0.7%
MUNI PIMCO Intermediate Municipal 0.64% 214,745 $11.1M Reduce -0.9%
ABBV Abbvie Inc. 0.62% 50,759 $10.6M Reduce -1.6%
TRV The Travelers Cos Inc. 0.59% 38,450 $10.2M Reduce -0.7%
USB US Bancorp 0.59% 240,412 $10.2M Add +0.1%
PFG Principal Financial Group 0.59% 120,215 $10.1M Reduce -1.4%
IWD iShares Russell 1000 Value E 0.58% 53,063 $10.0M Add +0.2%
AMZN Amazon.com Inc. 0.58% 52,467 $10.0M Add +4.3%
PG The Procter & Gamble Co. 0.56% 56,409 $9.6M Add +36.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.56% 230,303 $9.6M Add +0.6%
COST Costco Wholesale Corp. 0.55% 10,106 $9.6M Add +4.4%
JNJ Johnson & Johnson 0.54% 56,522 $9.4M Reduce -1.5%
ENB Enbridge Inc. 0.54% 208,983 $9.3M Reduce -0.9%
ETR Entergy Corp. 0.53% 107,732 $9.2M Reduce -1.0%
V Visa Inc. Class A 0.53% 26,061 $9.1M Add +1.9%
ADI Analog Devices Inc. 0.51% 43,501 $8.8M Reduce -1.1%
APD Air Products & Chemicals Inc. 0.50% 29,270 $8.6M Reduce -0.4%
VZ Verizon Communications Inc. 0.49% 188,453 $8.5M Add +0.0%
TEL Te Connectivity PLC 0.49% 60,036 $8.5M Reduce -0.9%
PANW Palo Alto Networks Inc. 0.49% 49,650 $8.5M Add +1.1%
UNH Unitedhealth Group Inc. 0.49% 16,013 $8.4M Reduce -3.1%
AEP American Electric Power 0.48% 76,631 $8.4M Reduce -2.0%
CAT Caterpillar Inc. 0.47% 24,485 $8.1M Add +56.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.46% 14,337 $8.0M Reduce -5.1%
CSCO Cisco Systems Inc. 0.45% 125,179 $7.7M Reduce -1.1%
BMY Bristol-Myers Squibb Co. 0.44% 124,721 $7.6M Reduce -1.3%
MCK McKesson Corp. 0.43% 11,049 $7.4M Reduce -0.2%
WMT Walmart Inc. 0.43% 83,685 $7.3M Add +0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.42% 29,218 $7.3M Reduce -18.6%
WFC Wells Fargo & Co. 0.42% 100,847 $7.2M Add +128.6%
PRU Prudential Financial Inc. 0.38% 59,164 $6.6M Reduce -2.1%
CFG Citizens Financial Group 0.37% 156,595 $6.4M Reduce -22.2%
MDT Medtronic PLC 0.37% 71,299 $6.4M Reduce -0.2%
GNTX Gentex Corp. 0.37% 270,593 $6.3M Reduce -1.2%
IVW iShares S&P 500 Growth ETF 0.36% 67,706 $6.3M Add +2.6%
AZN Astrazeneca PLC-Spons ADR 0.35% 83,228 $6.1M Reduce -0.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.35% 50,130 $6.1M Reduce -2.5%
BKNG Booking Holdings Inc. 0.35% 1,323 $6.1M Add +0.8%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.35% 66,276 $6.1M Add +2.8%
MDY State Street SPDR S&P Midcap 0.35% 11,364 $6.1M Reduce -1.1%
SYY Sysco Corp. 0.35% 80,770 $6.1M Reduce -1.3%
INGR Ingredion Inc. 0.34% 44,049 $6.0M Reduce -1.1%
RTX RTX Corp. 0.34% 44,494 $5.9M Reduce -0.9%
ADBE Adobe Inc. 0.34% 15,247 $5.8M Add +1.4%
LOW Lowe's Cos Inc. 0.34% 24,819 $5.8M Add +1.9%
IPG Interpublic Group of Cos Inc. 0.33% 211,950 $5.8M Reduce -0.2%
IJK iShares S&P Mid-Cap 400 Grow 0.33% 68,576 $5.7M Reduce -0.1%
ACWX iShares MSCI Acwi Ex US ETF 0.33% 101,682 $5.6M Reduce -4.9%
META Meta Platforms Inc. Class A 0.32% 9,695 $5.6M Add +0.6%
SO The Southern Co. 0.32% 59,379 $5.5M Reduce -1.9%
IGIB iShares 5-10Y Inv Grade Corp. 0.31% 103,500 $5.4M Add +0.9%
UNP Union Pacific Corp. 0.31% 22,692 $5.4M Reduce -0.5%
WSM Williams-Sonoma Inc. 0.31% 33,422 $5.3M Reduce -1.6%
HON Honeywell International Inc. 0.30% 24,403 $5.2M Add +6.7%
HD Home Depot Inc. 0.30% 14,029 $5.1M Add +3.1%
CI The Cigna Group 0.30% 15,609 $5.1M Reduce -2.3%
APO Apollo Global Management Inc. 0.28% 35,138 $4.8M Add +2.5%
BRK.A Berkshire Hathaway Inc. Class A 0.28% 6 $4.8M No change
MA Mastercard Inc. Class A 0.27% 8,605 $4.7M Add +0.9%
PFE Pfizer Inc. 0.27% 182,165 $4.6M Reduce -1.1%
RIO Rio Tinto PLC-Spon ADR 0.26% 75,273 $4.5M Reduce -1.5%
CTVA Corteva Inc. 0.26% 70,099 $4.4M Reduce -0.8%
JCI Johnson Controls Internation 0.25% 53,250 $4.3M Add +0.6%
THG Hanover Insurance Group Inc./ 0.25% 24,344 $4.2M Reduce -0.3%
GATX Gatx Corp. 0.24% 27,184 $4.2M Reduce -39.0%
NXST Nexstar Media Group Inc. 0.24% 23,158 $4.2M Reduce -1.4%
FITB Fifth Third Bancorp 0.24% 105,454 $4.1M Reduce -0.8%
IJJ iShares S&P Mid-Cap 400 Valu 0.24% 34,489 $4.1M Reduce -0.6%
SBUX Starbucks Corp. 0.24% 41,941 $4.1M Reduce -29.6%
TMUS T-Mobile US Inc. 0.24% 15,327 $4.1M Add +2.0%
TGT Target Corp. 0.24% 39,167 $4.1M Reduce -1.1%
ZTS Zoetis Inc. 0.24% 24,782 $4.1M Add +3.5%
SWK Stanley Black & Decker Inc. 0.22% 49,613 $3.8M Reduce -1.7%
AXP American Express Co. 0.22% 14,156 $3.8M Reduce -1.4%
ANET Arista Networks Inc. 0.22% 49,140 $3.8M Add +1.0%
BWA Borgwarner Inc. 0.22% 131,474 $3.8M Add +1.2%
KLAC KLA Corp. 0.21% 5,370 $3.7M Add +0.7%
BSX Boston Scientific Corp. 0.21% 36,153 $3.6M Add +2.3%
IQV Iqvia Holdings Inc. 0.20% 19,950 $3.5M Add +1.0%
NEE Nextera Energy Inc. 0.20% 48,520 $3.4M Add +5.0%
KO The Coca-Cola Co. 0.20% 47,573 $3.4M Add +655.7%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.19% 80,262 $3.4M Add +1.4%
FCX Freeport-McMoran Inc. 0.19% 87,324 $3.3M Reduce -3.6%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.19% 64,645 $3.3M Add +52.2%
SCHW Schwab (charles) Corp. 0.19% 41,936 $3.3M Add +0.3%
EMN Eastman Chemical Co. 0.19% 36,505 $3.2M Add +0.5%
BLK BlackRock Inc. 0.19% 3,394 $3.2M Add +565.5%
EQIX Equinix Inc. 0.19% 3,920 $3.2M Reduce -0.1%
TSLA Tesla Inc. 0.18% 12,265 $3.2M Add +1.6%
ULTA Ulta Beauty Inc. 0.18% 8,594 $3.2M Reduce -2.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.18% 31,527 $3.1M Add +3.6%
EOG EOG Resources Inc. 0.18% 23,775 $3.0M Add +2.1%
GLW Corning Inc. 0.17% 65,459 $3.0M Reduce -0.5%
IWF iShares Russell 1000 Growth 0.17% 8,053 $2.9M Reduce -5.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.15% 9,864 $2.6M Reduce -1.4%
ISRG Intuitive Surgical Inc. 0.14% 5,013 $2.5M Reduce -21.8%
ACN Accenture PLC Class A 0.14% 7,934 $2.5M Add +3.6%
VB Vanguard Most SM-Cap ETF-Usd 0.13% 10,447 $2.3M No change
IWR iShares Russell Mid-Cap ETF 0.13% 25,577 $2.2M No change
IWS iShares Russell Mid-Cap Valu 0.12% 16,495 $2.1M Reduce -2.7%
SGOV iShares 0-3 Month Treasury B 0.12% 20,430 $2.1M New
CRM Salesforce Inc. 0.12% 7,562 $2.0M New
AIG American International Group 0.12% 23,188 $2.0M Reduce -9.8%
IJS iShares S&P Small-Cap 600 Va 0.10% 18,591 $1.8M Add +0.1%
QQQ Invesco QQQ Trust Series 1 0.10% 3,852 $1.8M No change
CARR Carrier Global Corp. 0.10% 27,611 $1.8M No change
VEEV Veeva Systems Inc. Class A 0.10% 7,311 $1.7M Add +1.2%
EFA iShares MSCI Eafe ETF 0.10% 20,608 $1.7M No change
GOOGL Alphabet Inc. Class A 0.09% 10,326 $1.6M Add +65.6%
VTI VG Morningstar TS MKT ETF-US 0.09% 5,515 $1.5M Add +6.0%
TLT iShares 20+ Year Treasury BD 0.08% 15,504 $1.4M Add +0.7%
BAH Booz Allen Hamilton Holdings 0.08% 13,475 $1.4M Add +0.1%
PII Polaris Inc. 0.08% 33,182 $1.4M Reduce -3.0%
OTIS Otis Worldwide Corp. 0.08% 12,995 $1.3M No change
ADP Automatic Data Processing 0.08% 4,332 $1.3M Add +6.7%
BND Vanguard Total Bond Market 0.08% 17,719 $1.3M No change
MCD McDonald's Corp. 0.07% 3,815 $1.2M No change
AGZ iShares Agency Bond ETF 0.07% 10,320 $1.1M Add +1.9%
NSC Norfolk Southern Corp. 0.06% 4,471 $1.1M No change
ORCL Oracle Corp. 0.06% 6,830 $955K Reduce -0.1%
VONG Vanguard Russell 1000 Growth 0.05% 10,135 $940K Add +8.9%
ABT Abbott Laboratories 0.05% 7,062 $937K Reduce -4.0%
VRTX Vertex Pharmaceuticals Inc. 0.05% 1,893 $918K Reduce -1.1%
XLE SS Energy Select Sector 0.05% 9,788 $915K Reduce -0.8%
VGT Vanguard Info Tech ETF 0.05% 1,662 $901K Add +0.2%
CMI Cummins Inc. 0.05% 2,844 $891K Reduce -23.1%
VOO Vanguard S&P 500 ETF 0.05% 1,725 $887K Add +26.6%
IEFA iShares Core MSCI Eafe ETF 0.05% 11,605 $878K Add +21.7%
EMR Emerson Electric Co. 0.05% 7,656 $839K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.05% 4,430 $825K No change
XLF SS Financial Select Sector 0.04% 15,490 $772K Add +0.2%
IEF iShares 7-10 Year Treasury B 0.04% 7,717 $736K Add +5.0%
QUAL iShares MSCI USA Quality Fac 0.04% 4,192 $716K Add +2.0%
TSCO Tractor Supply Company 0.04% 12,587 $694K No change
GSLC Goldman Activebeta US LC ETF 0.04% 6,270 $690K Reduce -6.2%
DLR Digital Realty Trust Inc. 0.04% 4,816 $690K Reduce -0.8%
DBEF Xtrackers MSCI Eafe Hedged E 0.04% 15,774 $683K No change
VWO Vanguard Ftse Emerging Marke 0.04% 14,813 $670K Add +3.1%
FELE Franklin Electric Co. Inc. 0.04% 7,040 $661K Reduce -0.2%
FMAO Farmers & Merchants Banco 0.04% 27,564 $659K No change
DGII Digi International Inc. 0.04% 23,350 $650K No change
MMM 3M Co. 0.04% 4,375 $643K Add +0.6%
ECL Ecolab Inc. 0.04% 2,527 $641K Add +9.2%
CRWD CrowdStrike Holdings Inc. Class A 0.04% 1,742 $614K Add +8.1%
TMO Thermo Fisher Scientific Inc. 0.03% 1,187 $591K Add +44.9%
WM Waste Management Inc. 0.03% 2,546 $589K No change
AMT American Tower Corp. 0.03% 2,623 $571K Add +1.0%
AON Aon PLC Class A 0.03% 1,386 $553K No change
XLK SS Technology Select Sector 0.03% 2,662 $550K No change
IVE iShares S&P 500 Value ETF 0.03% 2,883 $549K Add +51.7%
XLV SS Health Care Select Sector 0.03% 3,757 $548K Add +2.5%
IGV iShares Expanded Tech-Softwa 0.03% 6,145 $547K No change
SNA Snap-on Inc. 0.03% 1,601 $540K Reduce -1.7%
BA The Boeing Co. 0.03% 3,063 $522K Reduce -4.7%
VHT Vanguard Health Care ETF 0.03% 1,961 $519K Add +7.9%
CB Chubb Ltd. 0.03% 1,707 $515K Add +27.4%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.03% 2,077 $508K Reduce -1.8%
GD General Dynamics Corp. 0.03% 1,838 $501K No change
AAXJ iShares MSCI All Country Asi 0.03% 6,693 $495K No change
XLY SS Consumer Disc Select Sect 0.03% 2,449 $484K Reduce -0.1%
SCHB Schwab US Broad Market ETF 0.03% 22,428 $483K New
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 3,007 $483K Add +13.3%
VLO Valero Energy Corp. 0.03% 3,534 $467K Reduce -11.2%
VONE Vanguard Russell 1000 0.03% 1,834 $466K No change
SYK Stryker Corp. 0.03% 1,213 $452K Add +19.5%
VONV Vanguard Russell 1000 Value 0.03% 5,271 $435K Add +6.9%
FAST Fastenal Co. 0.03% 5,579 $433K Reduce -30.7%
XEL Xcel Energy Inc. 0.02% 6,050 $428K No change
VNQ Vanguard Real Estate ETF 0.02% 4,640 $420K Reduce -0.7%
HII Huntington Ingalls Industrie 0.02% 2,000 $408K Reduce -1.1%
NOBL Proshares S&P 500 Dividend A 0.02% 3,835 $392K New
AFL Aflac Inc. 0.02% 3,503 $389K No change
XLI SS Industrial Select Sector 0.02% 2,897 $380K Add +0.9%
CR Crane Co. 0.02% 2,451 $375K Reduce -8.3%
IWM iShares Russell 2000 ETF 0.02% 1,863 $372K No change
ELV Elevance Health Inc. 0.02% 824 $358K Add +20.8%
CVS CVS Health Corp. 0.02% 5,266 $357K Reduce -51.5%
COP Conocophillips 0.02% 3,352 $352K Add +0.6%
VEU Vanguard Ftse All-World Ex-U 0.02% 5,709 $346K No change
TSM Taiwan Semiconductor-SP ADR 0.02% 2,084 $346K Add +0.3%
ITOT iShares Core S&P Total U.S. 0.02% 2,808 $343K Reduce -5.5%
FSLR First Solar Inc. 0.02% 2,669 $337K No change
AGG iShares Core U.S. Aggregate 0.02% 3,249 $321K No change
GSIE Goldman Sachs Activebeta Int 0.02% 8,953 $319K Reduce -4.5%
CWI State Street SPDR MSCI Acwi 0.02% 10,785 $319K New
CMCSA Comcast Corp. Class A 0.02% 8,601 $317K Reduce -2.3%
AMGN Amgen Inc. 0.02% 1,010 $315K No change
VOX Vanguard Communication Servi 0.02% 2,115 $314K Reduce -3.2%
VYM Vanguard High DVD Yield ETF 0.02% 2,431 $314K No change
CSX CSX Corp. 0.02% 10,523 $310K Reduce -0.4%
LIN Linde PLC 0.02% 627 $292K Reduce -5.4%
PSX Phillips 66 0.02% 2,320 $286K No change
VIG Vanguard Dividend Apprec ETF 0.02% 1,445 $280K No change
JIRE JPMorgan Int Res Enh Eqty 0.02% 4,343 $277K No change
ZBH Zimmer Biomet Holdings Inc. 0.02% 2,425 $274K Reduce -56.7%
FRME First Merchants Corp. 0.02% 6,765 $274K No change
DKS Dick's Sporting Goods Inc. 0.02% 1,330 $268K No change
BDX Becton Dickinson and Co. 0.02% 1,159 $265K No change
IWY iShares Russell Top 200 Grow 0.02% 1,234 $260K Add +33.5%
GTLS Chart Industries Inc. 0.01% 1,795 $259K Reduce -7.6%
MPC Marathon Petroleum Corp. 0.01% 1,754 $256K Reduce -5.4%
PAYX Paychex Inc. 0.01% 1,630 $251K No change
IEMG iShares Core MSCI Emerging 0.01% 4,619 $249K Reduce -10.8%
CL Colgate-Palmolive Co. 0.01% 2,599 $244K Reduce -0.8%
XLP SS Consumer Staples Sel Sect 0.01% 2,910 $238K Reduce -4.9%
IWP iShares Russell Mid-Cap Grow 0.01% 2,017 $237K Reduce -11.4%
BP BP PLC-Spons ADR 0.01% 6,659 $225K Reduce -8.0%
KHC The Kraft Heinz Co. 0.01% 7,294 $222K Reduce -17.9%
DHR Danaher Corp. 0.01% 1,079 $221K New
VEA Vanguard Ftse Developed ETF 0.01% 4,255 $216K New
SPHQ Invesco S&P 500 Quality ETF 0.01% 3,167 $210K Reduce -66.2%
LHX L3HARRIS Technologies Inc. 0.01% 1,001 $210K New
MS Morgan Stanley 0.01% 1,764 $206K New

Portfolio Sells Q4 2024 → Q1 2025

SJM The JM Smucker Co. Sold out 0.00% −0.34
MSFT Microsoft Corp. Reduce -4.7% 1.82% −0.33
ETN Eaton Corp. PLC Reduce -12.5% 0.79% −0.32
BAX Baxter International Inc. Sold out 0.00% −0.16
GATX Gatx Corp. Reduce -39.0% 0.24% −0.16
CFG Citizens Financial Group Reduce -22.2% 0.37% −0.14
IJR iShares Core S&P Small-Cap E Reduce -0.1% 1.00% −0.10
GNTX Gentex Corp. Reduce -1.2% 0.37% −0.09
MRK Merck & Co. Inc. Reduce -0.7% 0.68% −0.08
SBUX Starbucks Corp. Reduce -29.6% 0.24% −0.08
TGT Target Corp. Reduce -1.1% 0.24% −0.07
WSM Williams-Sonoma Inc. Reduce -1.6% 0.31% −0.06
ISRG Intuitive Surgical Inc. Reduce -21.8% 0.14% −0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -5.1% 0.46% −0.05
ULTA Ulta Beauty Inc. Reduce -2.2% 0.18% −0.04
IBM Intl Business Machines Corp. Reduce -18.6% 0.42% −0.04
PII Polaris Inc. Reduce -3.0% 0.08% −0.04
ADI Analog Devices Inc. Reduce -1.1% 0.51% −0.03
PRU Prudential Financial Inc. Reduce -2.1% 0.38% −0.03
IJK iShares S&P Mid-Cap 400 Grow Reduce -0.1% 0.33% −0.03
IWF iShares Russell 1000 Growth Reduce -5.5% 0.17% −0.03
EQIX Equinix Inc. Reduce -0.1% 0.19% −0.03
MDY State Street SPDR S&P Midcap Reduce -1.1% 0.35% −0.03
AXP American Express Co. Reduce -1.4% 0.22% −0.03
SPHQ Invesco S&P 500 Quality ETF Reduce -66.2% 0.01% −0.02
CMI Cummins Inc. Reduce -23.1% 0.05% −0.02
FITB Fifth Third Bancorp Reduce -0.8% 0.24% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.02
ZBH Zimmer Biomet Holdings Inc. Reduce -56.7% 0.02% −0.02
PFE Pfizer Inc. Reduce -1.1% 0.27% −0.02
EPAM Epam Systems Inc. Sold out 0.00% −0.02
PEP Pepsico Inc. Reduce -0.6% 0.68% −0.01
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.01
SWK Stanley Black & Decker Inc. Reduce -1.7% 0.22% −0.01
MFC Manulife Financial Corp. Sold out 0.00% −0.01
AMD Advanced Micro Devices Sold out 0.00% −0.01
IJJ iShares S&P Mid-Cap 400 Valu Reduce -0.6% 0.24% −0.01
IPG Interpublic Group of Cos Inc. Reduce -0.2% 0.33% −0.01
SYY Sysco Corp. Reduce -1.3% 0.35% −0.01
TEL Te Connectivity PLC Reduce -0.9% 0.49% −0.01
INGR Ingredion Inc. Reduce -1.1% 0.34% −0.01
ORCL Oracle Corp. Reduce -0.1% 0.06% −0.01
QCOM Qualcomm Inc. Reduce -0.9% 0.95% −0.01
DLR Digital Realty Trust Inc. Reduce -0.8% 0.04% −0.01
MUNI PIMCO Intermediate Municipal Reduce -0.9% 0.64% −0.01
FCX Freeport-McMoran Inc. Reduce -3.6% 0.19% −0.01
FAST Fastenal Co. Reduce -30.7% 0.03% −0.01
GLW Corning Inc. Reduce -0.5% 0.17% −0.01
CVS CVS Health Corp. Reduce -51.5% 0.02% −0.01
IWS iShares Russell Mid-Cap Valu Reduce -2.7% 0.12% −0.01

Portfolio Buys Q4 2024 → Q1 2025

LLY Eli Lilly & Co. Add +0.5% 26.32% +1.80
WFC Wells Fargo & Co. Add +128.6% 0.42% +0.24
KO The Coca-Cola Co. Add +655.7% 0.20% +0.17
BLK BlackRock Inc. Add +565.5% 0.19% +0.16
PG The Procter & Gamble Co. Add +36.1% 0.56% +0.15
CAT Caterpillar Inc. Add +56.6% 0.47% +0.14
SGOV iShares 0-3 Month Treasury B New 0.12% +0.12
CRM Salesforce Inc. New 0.12% +0.12
BRK.B Berkshire Hathaway Inc. Class B Add +0.7% 0.67% +0.10
TLH iShares 10-20 Year Treasury Add +3.5% 0.94% +0.07
JMST JPM Ultra-Short Muni Income Add +52.2% 0.19% +0.07
V Visa Inc. Class A Add +1.9% 0.53% +0.06
VZ Verizon Communications Inc. Add +0.0% 0.49% +0.06
JMBS Janus Henderson Mortg Backed Add +3.8% 0.81% +0.05
TMUS T-Mobile US Inc. Add +2.0% 0.24% +0.04
AVGO Broadcom Inc. Add +45.3% 0.88% +0.04
COST Costco Wholesale Corp. Add +4.4% 0.55% +0.04
BSX Boston Scientific Corp. Add +2.3% 0.21% +0.03
SCHB Schwab US Broad Market ETF New 0.03% +0.03
IGSB iShares 1-5Y Inv Grade Corp. Add +2.3% 0.74% +0.02
GOOGL Alphabet Inc. Class A Add +65.6% 0.09% +0.02
NOBL Proshares S&P 500 Dividend A New 0.02% +0.02
CWI State Street SPDR MSCI Acwi New 0.02% +0.02
SLB SLB Ltd. Add +1.4% 0.19% +0.02
KLAC KLA Corp. Add +0.7% 0.21% +0.02
DHR Danaher Corp. New 0.01% +0.01
MA Mastercard Inc. Class A Add +0.9% 0.27% +0.01
VEA Vanguard Ftse Developed ETF New 0.01% +0.01
LHX L3HARRIS Technologies Inc. New 0.01% +0.01
IEFA iShares Core MSCI Eafe ETF Add +21.7% 0.05% +0.01
MS Morgan Stanley New 0.01% +0.01
EOG EOG Resources Inc. Add +2.1% 0.18% +0.01
IVE iShares S&P 500 Value ETF Add +51.7% 0.03% +0.01
SCHW Schwab (charles) Corp. Add +0.3% 0.19% +0.01
VEEV Veeva Systems Inc. Class A Add +1.2% 0.10% +0.01
ZTS Zoetis Inc. Add +3.5% 0.24% +0.01
TMO Thermo Fisher Scientific Inc. Add +44.9% 0.03% +0.01
IWD iShares Russell 1000 Value E Add +0.2% 0.58% +0.01
VOO Vanguard S&P 500 ETF Add +26.6% 0.05% +0.01
CB Chubb Ltd. Add +27.4% 0.03% +0.01
IGIB iShares 5-10Y Inv Grade Corp. Add +0.9% 0.31% +0.01
ADP Automatic Data Processing Add +6.7% 0.08% +0.01
NEE Nextera Energy Inc. Add +5.0% 0.20% +0.01
ELV Elevance Health Inc. Add +20.8% 0.02% +0.01
ECL Ecolab Inc. Add +9.2% 0.04% +0.01
AMT American Tower Corp. Add +1.0% 0.03% +0.01
SYK Stryker Corp. Add +19.5% 0.03% +0.00
MMM 3M Co. Add +0.6% 0.04% +0.00
JCI Johnson Controls Internation Add +0.6% 0.25% +0.00
TLT iShares 20+ Year Treasury BD Add +0.7% 0.08% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 314$2.3BLLY, IVV, IJH, SCHF, AVGO
Q1 2026 297$2.1BLLY, IVV, IJH, SLYV, SCHF
Q4 2025 271$2.2BLLY, IVV, SLYV, IJH, SCHF
Q3 2025 247$1.9BLLY, IVV, SLYV, IJH, SCHF
Q2 2025 244$1.8BLLY, IVV, IJH, SLYV, SCHF
Q1 2025Amended 237$1.7BLLY, IVV, IJH, SLYV, SCHF
Q4 2024 235$1.7BLLY, IVV, SLYV, IJH, AAPL
Q3 2024 225$1.8BLLY, IVV, SLYV, IJH, SCHF
Q2 2024 226$1.8BLLY, IVV, IJH, SLYV, MSFT
Q1 2024 239$1.8BLLY, IVV, IJH, IJR, SLYV