Horan Securities, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Horan Securities, Inc. reported 123 stock positions worth $231.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 48.5% of the portfolio, followed by iShares Core S&P Small-Cap E (IJR, 9.8%) and iShares Core S&P Midcap ETF (IJH, 7.7%). Compared with Q1 2024, it opened 14 new positions, sold out of 6, added to 70 and reduced 24. The biggest buy was a new position in Lockheed Martin (LMT) and the biggest sale Hillenbrand (HI, shares −4%).

Most Recent 13F
Q2 2025
Location
CINCINNATI, X1
CIK
0001671623
Portfolio Value
$231.3M (Q2 2024)
SEC Filing
0001671623-24-000004 ↗ filed Aug 9, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $211.9M Q1 2024 Q2 2024: $231.3M $231.3M Q2 2024 Q3 2024: $258.6M Q3 2024 Q4 2024: $263.6M Q4 2024 Q1 2025: $264.3M Q1 2025 Q2 2025: $284.2M Q2 2025

Holdings 123 stocks · $231.3M
IVV iShares Core S&P 500 ETF 48.49% 204,949 $112.2M Add +5.7%
IJR iShares Core S&P Small-Cap E 9.77% 211,928 $22.6M Add +7.5%
IJH iShares Core S&P Midcap ETF 7.74% 305,816 $17.9M Add +8.0%
PG The Procter & Gamble Co. 2.78% 38,938 $6.4M Add +10.8%
AAPL Apple Inc. 2.11% 23,205 $4.9M Add +0.2%
EFV iShares MSCI Eafe Value ETF 1.80% 78,625 $4.2M Add +0.8%
IWF iShares Russell 1000 Growth 1.45% 9,190 $3.3M Add +5.8%
MSFT Microsoft Corp. 1.22% 6,289 $2.8M Reduce -0.4%
VOO Vanguard S&P 500 ETF 0.68% 3,123 $1.6M Reduce -2.8%
MUB iShares National Muni Bond E 0.56% 12,176 $1.3M Reduce -8.9%
LMT Lockheed Martin Corp. 0.50% 2,490 $1.2M New
IBDS Ishrs Ibnds Dec 27 Corp. ETF 0.47% 45,782 $1.1M Add +15.7%
IBDQ iShares Ibonds Dec 2025 Term 0.47% 43,605 $1.1M Add +15.0%
IBDR iShares Ibonds Dec 2026 Term 0.47% 45,428 $1.1M Add +15.2%
JPM JPMorgan Chase & Co. 0.46% 5,237 $1.1M Add +0.2%
LCNB LCNB Corporation 0.45% 74,690 $1.0M No change
IBDP iShares Ibonds Dec 2024 Term 0.44% 40,656 $1.0M Add +6.0%
IEI iShares 3-7 Year Treasury Bo 0.43% 8,570 $990K Add +1.0%
RLY SS Multi-Asset Real Ret ETF 0.42% 34,957 $966K Add +12.3%
CSX CSX Corp. 0.42% 28,776 $963K Add +42.9%
GE General Electric filed as GE AEROSPACE 0.41% 5,948 $946K Add +45.1%
SPTS SS SPDR P St Term TSY ETF 0.41% 32,748 $945K Add +0.9%
GOOGL Alphabet Inc. Class A 0.41% 5,173 $942K Reduce -2.0%
JNJ Johnson & Johnson 0.41% 6,419 $938K Reduce -1.0%
AVGO Broadcom Inc. 0.40% 581 $933K Reduce -1.0%
HD Home Depot Inc. 0.39% 2,645 $911K Add +0.6%
QUAL iShares MSCI USA Quality Fac 0.39% 5,229 $893K Add +3.7%
BRK.B Berkshire Hathaway Inc. Class B 0.38% 2,187 $890K Add +4.8%
EFG iShares MSCI Eafe Growth ETF 0.38% 8,681 $888K Add +5.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.37% 1,565 $852K Add +0.1%
IEF iShares 7-10 Year Treasury B 0.36% 8,867 $830K Add +1.1%
HI Hillenbrand Inc. 0.36% 20,627 $825K Reduce -3.8%
SCHB Schwab US Broad Market ETF 0.35% 12,766 $803K Add +27.2%
IXUS iShares Core Intl Stock ETF 0.32% 11,023 $745K Add +1.6%
CVX Chevron Corp. 0.30% 4,473 $700K Add +43.8%
WMT Walmart Inc. 0.29% 9,782 $662K Reduce -5.5%
ABBV Abbvie Inc. 0.29% 3,854 $661K Add +0.2%
IWD iShares Russell 1000 Value E 0.28% 3,711 $648K Add +2.0%
QCOM Qualcomm Inc. 0.28% 3,237 $645K Reduce -0.4%
RTX RTX Corp. 0.25% 5,753 $578K Add +94.8%
FNDA Schwab Fndmntl US SM Co. ETF 0.25% 10,412 $572K Reduce -0.3%
VTI VG Morningstar TS MKT ETF-US 0.24% 2,102 $562K Add +29.2%
TT Trane Technologies PLC 0.24% 1,708 $562K Add +0.1%
WMB Williams Cos Inc. 0.23% 12,387 $526K Add +0.1%
XOM Exxon Mobil Corp. 0.22% 4,433 $510K Add +9.1%
MRK Merck & Co. Inc. 0.22% 4,101 $508K Add +0.1%
UITB Victoryshares Core Intermedi 0.22% 10,982 $505K Add +0.6%
ET Energy Transfer LP 0.22% 31,004 $503K New
PEP Pepsico Inc. 0.21% 3,014 $497K Reduce -0.1%
IBMN iShares Ibonds Dec 2025 Term 0.21% 18,688 $495K Add +19.6%
ELV Elevance Health Inc. 0.21% 901 $488K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.21% 4,354 $479K No change
ABT Abbott Laboratories 0.21% 4,583 $476K Reduce -0.2%
AMGN Amgen Inc. 0.20% 1,452 $454K No change
VZ Verizon Communications Inc. 0.19% 10,805 $446K Reduce -2.8%
VNQ Vanguard Real Estate ETF 0.19% 5,250 $440K Add +0.2%
IEMG iShares Core MSCI Emerging 0.19% 8,200 $439K Add +20.6%
IBMM iShares Ibonds Dec 2024 Term 0.19% 16,818 $438K Add +22.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.19% 1,145 $428K Add +6.7%
GOOG Alphabet Inc. Class C 0.18% 2,307 $423K Reduce -6.1%
VB Vanguard Most SM-Cap ETF-Usd 0.17% 1,829 $399K Reduce -0.5%
RITM Rithm Capital Corp. 0.17% 36,196 $395K Add +144.4%
DUK Duke Energy Corp. 0.17% 3,924 $393K Reduce -2.0%
AGG iShares Core U.S. Aggregate 0.17% 3,937 $382K Add +13.7%
VEA Vanguard Ftse Developed ETF 0.16% 7,397 $366K Reduce -0.3%
EFA iShares MSCI Eafe ETF 0.15% 4,563 $357K Add +4.7%
ADP Automatic Data Processing 0.15% 1,497 $357K Add +0.1%
CARR Carrier Global Corp. 0.15% 5,522 $348K New
FISV Fiserv Inc. 0.15% 2,332 $348K No change
VEU Vanguard Ftse All-World Ex-U 0.15% 5,896 $346K Add +44.7%
NSC Norfolk Southern Corp. 0.15% 1,599 $343K Add +0.4%
SCHW Schwab (charles) Corp. 0.15% 4,656 $343K Reduce -0.0%
ACN Accenture PLC Class A 0.15% 1,125 $341K Add +0.1%
TMO Thermo Fisher Scientific Inc. 0.15% 611 $338K No change
NEE Nextera Energy Inc. 0.14% 4,704 $333K Add +0.1%
ITW Illinois Tool Works 0.14% 1,381 $327K Add +0.1%
HIG Hartford Insurance Group Inc. 0.14% 3,200 $322K No change
IBMO iShares Ibonds Dec 2026 Term 0.14% 12,687 $321K Add +41.8%
CMCSA Comcast Corp. Class A 0.14% 8,148 $319K Reduce -9.1%
META Meta Platforms Inc. Class A 0.13% 618 $312K New
BMY Bristol-Myers Squibb Co. 0.13% 7,456 $310K Add +39.3%
AFG American Financial Group Inc. 0.13% 2,500 $308K Add +0.5%
VIG Vanguard Dividend Apprec ETF 0.13% 1,681 $307K Add +7.2%
UCON First Trust Smith Unconstrai 0.13% 12,533 $306K Reduce -4.3%
VWO Vanguard Ftse Emerging Marke 0.13% 6,976 $305K Add +8.5%
IAGG iShares Intl Aggregate Bond 0.13% 5,912 $295K Reduce -6.4%
CTAS Cintas Corp. 0.13% 418 $293K No change
ADBE Adobe Inc. 0.12% 517 $287K No change
APD Air Products & Chemicals Inc. 0.12% 1,090 $281K No change
V Visa Inc. Class A 0.12% 1,061 $279K No change
USMV iShares MSCI USA Min Vol Fac 0.12% 3,309 $278K Add +0.1%
SPLV Invesco S&P 500 Low Volatili 0.12% 4,275 $278K Add +0.5%
CCI Crown Castle Inc. 0.12% 2,838 $277K No change
NOC Northrop Grumman Corp. 0.12% 631 $275K No change
SHEL Shell PLC-ADR 0.12% 3,710 $268K Add +0.0%
OTIS Otis Worldwide Corp. 0.12% 2,763 $266K New
UPS United Parcel Service Class B 0.11% 1,937 $265K Reduce -0.1%
EOG EOG Resources Inc. 0.11% 2,081 $262K Add +0.1%
BWA Borgwarner Inc. 0.11% 8,120 $262K Add +0.0%
USB US Bancorp 0.11% 6,586 $261K Add +0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 1,509 $261K Add +2.0%
CFG Citizens Financial Group 0.11% 7,065 $255K Reduce -3.0%
SUB iShares Short-Term National 0.11% 2,423 $253K Add +23.4%
EEM iShares MSCI Emerging Market 0.11% 5,920 $252K Reduce -3.8%
TGT Target Corp. 0.11% 1,673 $248K Add +0.1%
SCHF Schwab Intl Equity ETF 0.11% 6,400 $246K Add +17.1%
AMZN Amazon.com Inc. 0.11% 1,265 $244K Add +8.8%
GEV GE Vernova Inc. 0.10% 1,375 $236K Add +34.2%
IGSB iShares 1-5Y Inv Grade Corp. 0.10% 4,576 $234K Add +1.0%
IWR iShares Russell Mid-Cap ETF 0.10% 2,806 $228K Add +0.2%
OUSM Alps Oshares US Small-Cap Qu 0.10% 5,424 $224K Add +7.5%
CSCO Cisco Systems Inc. 0.09% 4,604 $219K Add +0.1%
XEXGX Eaton Vance Tax-Managed Glob 0.09% 24,975 $211K New
SO The Southern Co. 0.09% 2,693 $209K New
NVDA Nvidia Corp. 0.09% 1,690 $209K New
KDP Keurig Dr Pepper Inc. 0.09% 6,225 $208K New
CINF Cincinnati Financial Corp. 0.09% 1,754 $207K No change
PANW Palo Alto Networks Inc. 0.09% 610 $207K New
IWB iShares Russell 1000 ETF 0.09% 693 $206K New
USRT iShares Core US REIT ETF 0.09% 3,816 $204K New
FITB Fifth Third Bancorp 0.09% 5,532 $202K New
AMP Ameriprise Financial Inc. 0.09% 469 $200K No change
HRTX Heron Therapeutics Inc. 0.04% 29,310 $103K New

Portfolio Sells Q1 2024 → Q2 2024
HI Hillenbrand Inc. Reduce -3.8% 0.36% −0.15
HON Honeywell International Inc. Sold out 0.00% −0.13
CVS CVS Health Corp. Sold out 0.00% −0.12
MUB iShares National Muni Bond E Reduce -8.9% 0.56% −0.12
DEO Diageo PLC-Sponsored ADR Sold out 0.00% −0.10
TROW T Rowe Price Group Inc. Sold out 0.00% −0.10
MCD McDonald's Corp. Sold out 0.00% −0.10
PYPL PayPal Holdings Inc. Sold out 0.00% −0.10
JNJ Johnson & Johnson Reduce -1.0% 0.41% −0.08
VOO Vanguard S&P 500 ETF Reduce -2.8% 0.68% −0.05
CMCSA Comcast Corp. Class A Reduce -9.1% 0.14% −0.05
ABT Abbott Laboratories Reduce -0.2% 0.21% −0.04
MSFT Microsoft Corp. Reduce -0.4% 1.22% −0.04
PEP Pepsico Inc. Reduce -0.1% 0.21% −0.03
FNDA Schwab Fndmntl US SM Co. ETF Reduce -0.3% 0.25% −0.03
VZ Verizon Communications Inc. Reduce -2.8% 0.19% −0.03
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.5% 0.17% −0.03
IAGG iShares Intl Aggregate Bond Reduce -6.4% 0.13% −0.02
UPS United Parcel Service Class B Reduce -0.1% 0.11% −0.02
UCON First Trust Smith Unconstrai Reduce -4.3% 0.13% −0.02
VEA Vanguard Ftse Developed ETF Reduce -0.3% 0.16% −0.02
CFG Citizens Financial Group Reduce -3.0% 0.11% −0.01
DUK Duke Energy Corp. Reduce -2.0% 0.17% −0.01
SCHW Schwab (charles) Corp. Reduce -0.0% 0.15% −0.01
EEM iShares MSCI Emerging Market Reduce -3.8% 0.11% −0.01
WMT Walmart Inc. Reduce -5.5% 0.29% −0.01
GOOG Alphabet Inc. Class C Reduce -6.1% 0.18% +0.01
QCOM Qualcomm Inc. Reduce -0.4% 0.28% +0.02
GOOGL Alphabet Inc. Class A Reduce -2.0% 0.41% +0.03
AVGO Broadcom Inc. Reduce -1.0% 0.40% +0.04

Portfolio Buys Q1 2024 → Q2 2024
LMT Lockheed Martin Corp. New 0.50% +0.50
IVV iShares Core S&P 500 ETF Add +5.7% 48.49% +0.39
AAPL Apple Inc. Add +0.2% 2.11% +0.24
ET Energy Transfer LP New 0.22% +0.22
CARR Carrier Global Corp. New 0.15% +0.15
META Meta Platforms Inc. Class A New 0.13% +0.13
OTIS Otis Worldwide Corp. New 0.12% +0.12
RTX RTX Corp. Add +94.8% 0.25% +0.11
RITM Rithm Capital Corp. Add +144.4% 0.17% +0.09
XEXGX Eaton Vance Tax-Managed Glob New 0.09% +0.09
SO The Southern Co. New 0.09% +0.09
NVDA Nvidia Corp. New 0.09% +0.09
KDP Keurig Dr Pepper Inc. New 0.09% +0.09
PANW Palo Alto Networks Inc. New 0.09% +0.09
IWB iShares Russell 1000 ETF New 0.09% +0.09
USRT iShares Core US REIT ETF New 0.09% +0.09
FITB Fifth Third Bancorp New 0.09% +0.09
PG The Procter & Gamble Co. Add +10.8% 2.78% +0.09
CVX Chevron Corp. Add +43.8% 0.30% +0.07
GE General Electric Add +45.1% 0.41% +0.07
IWF iShares Russell 1000 Growth Add +5.8% 1.45% +0.07
CSX CSX Corp. Add +42.9% 0.42% +0.06
SCHB Schwab US Broad Market ETF Add +27.2% 0.35% +0.06
HRTX Heron Therapeutics Inc. New 0.04% +0.04
VTI VG Morningstar TS MKT ETF-US Add +29.2% 0.24% +0.04
VEU Vanguard Ftse All-World Ex-U Add +44.7% 0.15% +0.04
IBMO iShares Ibonds Dec 2026 Term Add +41.8% 0.14% +0.03
IBDS Ishrs Ibnds Dec 27 Corp. ETF Add +15.7% 0.47% +0.03
IBDQ iShares Ibonds Dec 2025 Term Add +15.0% 0.47% +0.02
IEMG iShares Core MSCI Emerging Add +20.6% 0.19% +0.02
IBDR iShares Ibonds Dec 2026 Term Add +15.2% 0.47% +0.02
IBMM iShares Ibonds Dec 2024 Term Add +22.7% 0.19% +0.02
GEV GE Vernova Inc. Add +34.2% 0.10% +0.02
IBMN iShares Ibonds Dec 2025 Term Add +19.6% 0.21% +0.02
SUB iShares Short-Term National Add +23.4% 0.11% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +6.7% 0.19% +0.01
RLY SS Multi-Asset Real Ret ETF Add +12.3% 0.42% +0.01
AMZN Amazon.com Inc. Add +8.8% 0.11% +0.01
SCHF Schwab Intl Equity ETF Add +17.1% 0.11% +0.01
VWO Vanguard Ftse Emerging Marke Add +8.5% 0.13% +0.01
AGG iShares Core U.S. Aggregate Add +13.7% 0.17% +0.01
NEE Nextera Energy Inc. Add +0.1% 0.14% +0.00
TT Trane Technologies PLC Add +0.1% 0.24% +0.00
WMB Williams Cos Inc. Add +0.1% 0.23% −0.00
SHEL Shell PLC-ADR Add +0.0% 0.12% −0.00
XOM Exxon Mobil Corp. Add +9.1% 0.22% −0.00
VIG Vanguard Dividend Apprec ETF Add +7.2% 0.13% −0.00
BMY Bristol-Myers Squibb Co. Add +39.3% 0.13% −0.00
OUSM Alps Oshares US Small-Cap Qu Add +7.5% 0.10% −0.00
QUAL iShares MSCI USA Quality Fac Add +3.7% 0.39% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 152$284.2MIVV, IJH, IJR, PG, AAPL
Q1 2025 135$264.3MIVV, IJR, IJH, PG, AAPL
Q4 2024 129$263.6MIVV, IJR, IJH, PG, AAPL
Q3 2024 139$258.6MIVV, IJR, IJH, PG, AAPL
Q2 2024 123$231.3MIVV, IJR, IJH, PG, AAPL
Q1 2024 114$211.9MIVV, IJR, IJH, PG, EFV