Joseph Group Capital Management

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Joseph Group Capital Management reported 97 stock positions worth $261.6 million. Its top holding was JPMorgan Core Plus Bond ETF (JCPB) at 13.8% of the portfolio, followed by Schwab U.S. Tips ETF (SCHP, 9.5%) and Vanguard Total Intl Stock (VXUS, 7.1%). Compared with Q4 2024, it opened 11 new positions, added to 37 and reduced 30. The biggest buy was a new position in Vaneck Morningstar Wide Moat (MOAT) and the biggest sale Innovator U.S. Equity Power (PSEP, shares −99%).

Most Recent 13F
Q2 2026
Location
COLUMBUS, OH
CIK
0001910383
Portfolio Value
$261.6M (Q1 2025)
SEC Filing
0001910383-25-000002 ↗ filed Apr 30, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $199.6M Q1 2024 Q2 2024: $192.6M Q2 2024 Q3 2024: $261.5M Q3 2024 Q4 2024: $253.8M Q4 2024 Q1 2025: $261.6M $261.6M Q1 2025 Q2 2025: $297.8M Q2 2025 Q3 2025: $354.5M Q3 2025 Q4 2025: $380.6M Q4 2025 Q1 2026: $400.4M Q1 2026 Q2 2026: $476.0M Q2 2026

Holdings 97 stocks · $261.6M
JCPB JPMorgan Core Plus Bond ETF 13.78% 766,495 $36.1M Add +1.7%
SCHP Schwab U.S. Tips ETF 9.45% 919,554 $24.7M Add +1.7%
VXUS Vanguard Total Intl Stock 7.13% 300,343 $18.7M Add +1.4%
DEW Wisdomtree Global High Divid 4.65% 216,989 $12.2M Add +0.7%
MOAT Vaneck Morningstar Wide Moat 4.22% 125,342 $11.0M New
CIBR First Trust Nasdaq Cybersecu 3.48% 144,604 $9.1M Reduce -9.3%
SCHD Schwab US DVD Equity ETF 3.45% 322,668 $9.0M Add +3.4%
RSPF Invesco S&P 500 Equal Weight 2.84% 102,627 $7.4M Reduce -0.2%
JPM JPMorgan Chase & Co. 2.00% 21,360 $5.2M Add +6.7%
V Visa Inc. Class A 1.96% 14,666 $5.1M Reduce -7.4%
T AT&T Inc. 1.96% 181,674 $5.1M Reduce -12.3%
AAPL Apple Inc. 1.91% 22,503 $5.0M Add +10.0%
UNH Unitedhealth Group Inc. 1.90% 9,477 $5.0M Add +27.9%
PG The Procter & Gamble Co. 1.90% 29,095 $5.0M Add +11.5%
PH Parker Hannifin Corp. 1.88% 8,109 $4.9M Add +25.8%
HD Home Depot Inc. 1.86% 13,281 $4.9M Add +10.4%
ETN Eaton Corp. PLC 1.85% 17,816 $4.8M Add +27.5%
MSFT Microsoft Corp. 1.80% 12,549 $4.7M Add +18.9%
GOOGL Alphabet Inc. Class A 1.76% 29,723 $4.6M Add +10.1%
GLDM SPDR Gold Minishares Trust 1.74% 73,627 $4.6M Reduce -17.3%
LRCX Lam Research Corp. 1.60% 57,517 $4.2M Add +13.8%
CVX Chevron Corp. 1.40% 21,910 $3.7M Add +17.0%
PGR Progressive Corp. 1.39% 12,845 $3.6M Add +10.4%
KR Kroger Co. 1.35% 52,153 $3.5M New
MUB iShares National Muni Bond E 1.34% 33,181 $3.5M Reduce -11.6%
VRTX Vertex Pharmaceuticals Inc. 1.32% 7,126 $3.5M Add +11.0%
AMGN Amgen Inc. 1.32% 11,046 $3.4M Add +11.2%
AEP American Electric Power 1.29% 30,807 $3.4M Reduce -4.3%
AVGO Broadcom Inc. 1.22% 19,035 $3.2M Add +7.0%
MPC Marathon Petroleum Corp. 1.22% 21,837 $3.2M Add +11.5%
RPM RPM International Inc. 1.19% 26,857 $3.1M Add +12.0%
IBP Installed Building Products 1.17% 17,831 $3.1M Add +28.8%
AMZN Amazon.com Inc. 1.16% 16,011 $3.0M New
SCHV Schwab US Large-Cap Value 1.13% 111,708 $3.0M Add +20.8%
SCHG Schwab US Large-Cap Growth 1.11% 116,429 $2.9M Add +5.0%
FITB Fifth Third Bancorp 1.11% 74,091 $2.9M Add +13.6%
CRM Salesforce Inc. 1.03% 10,073 $2.7M Add +14.4%
ISTB iShares Core 1-5 Year Usd Bo 0.91% 49,376 $2.4M Reduce -1.9%
VIG Vanguard Dividend Apprec ETF 0.75% 10,060 $2.0M Reduce -5.8%
VYM Vanguard High DVD Yield ETF 0.71% 14,317 $1.8M Reduce -9.3%
PJP Invesco Pharmaceuticals ETF 0.64% 19,335 $1.7M Add +11.1%
VUSB Vanguard Ultra Short Bond Et 0.59% 31,029 $1.5M Reduce -8.7%
DGRS Wisdomtree U.S. Smallcap Qua 0.54% 30,453 $1.4M Reduce -0.1%
MEDP Medpace Holdings Inc. 0.49% 4,173 $1.3M Add +15.3%
SCHA Schwab US Small-Cap ETF 0.41% 45,833 $1.1M Reduce -5.6%
USMV iShares MSCI USA Min Vol Fac 0.20% 5,561 $521K Reduce -9.3%
NVDA Nvidia Corp. 0.19% 4,539 $492K Reduce -9.2%
CATH Global X S&P 500 Ca Val ETF 0.16% 6,169 $417K Reduce -0.1%
MDYV SS SPDR S&P 400 MC Val ETF 0.16% 5,280 $407K Reduce -2.4%
IWB iShares Russell 1000 ETF 0.15% 1,259 $386K Reduce -0.2%
EFA iShares MSCI Eafe ETF 0.12% 3,687 $301K Reduce -16.8%
IGF iShares Global Infrastructur 0.11% 5,327 $291K Add +12.3%
AGG iShares Core U.S. Aggregate 0.09% 2,456 $243K Add +20.0%
DFIS Dimensional International SM 0.08% 8,550 $221K Reduce -4.5%
NCPB Nuveen Core Plus Bond ETF 0.06% 6,300 $158K Reduce -3.7%
XLE SS Energy Select Sector 0.05% 1,523 $142K No change
SPGM State Street SPDR Portfolio 0.05% 1,937 $121K Reduce -7.8%
MUST Columbia Multi-Sect Muni Inc. 0.05% 5,914 $119K Add +0.3%
VOO Vanguard S&P 500 ETF 0.04% 225 $115K Add +1.4%
EEM iShares MSCI Emerging Market 0.04% 2,579 $113K Reduce -0.6%
BJAN Innovator U.S. Equity Buffer 0.04% 2,296 $107K No change
SPHQ Invesco S&P 500 Quality ETF 0.04% 1,609 $107K New
RSPH Invesco S&P 500 Equal Weight 0.04% 3,260 $97K No change
PSEP Innovator U.S. Equity Power 0.04% 2,468 $95K Reduce -99.4%
AOK iShares Core 30/70 Conservat 0.03% 2,233 $84K No change
JNK SS SPDR BB High Yield Bond 0.03% 852 $81K Reduce -13.3%
CL Colgate-Palmolive Co. 0.03% 700 $66K No change
RWO State Street SPDR Dow Jones 0.02% 1,294 $56K Add +8.9%
SMH Vaneck Semiconductor ETF 0.02% 260 $55K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.02% 445 $53K Reduce -98.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 500 $49K No change
CHKP Check Point Software Tech 0.02% 200 $46K No change
IGV iShares Expanded Tech-Softwa 0.02% 490 $44K No change
CION Cion Investment Corp. 0.02% 4,131 $43K No change
CWI State Street SPDR MSCI Acwi 0.02% 1,368 $40K Add +9.0%
BSCP Invesco Bulletshares 2025 CB 0.01% 1,880 $39K New
GIS General Mills Inc. 0.01% 650 $39K No change
UPS United Parcel Service Class B 0.01% 330 $36K Add +83.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.01% 1,249 $34K No change
ACWI iShares MSCI Acwi ETF 0.01% 263 $31K Add +18.5%
RSP Invesco S&P 500 Equal Weight 0.01% 167 $29K No change
VNQ Vanguard Real Estate ETF 0.01% 256 $23K No change
XLRE SS Real Estate Select Sector 0.01% 416 $17K Reduce -56.9%
GSLC Goldman Activebeta US LC ETF 0.01% 151 $17K New
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.01% 205 $16K New
IYW iShares Ustechnology ETF 0.01% 106 $15K No change
DGRW Wisdomtree U.S. Quality Divi 0.01% 178 $14K Reduce -60.4%
WEN The Wendy's Co. 0.01% 908 $13K No change
RSPD Invesco S&P 500 Equal Weight 0.00% 228 $11K Reduce -99.6%
SOXX iShares Semiconductor ETF 0.00% 60 $11K New
RSPS Invesco S&P 500 Equal Weight 0.00% 340 $10K No change
SDG Ish MSCI Glob Sust Deve Goal 0.00% 126 $9K New
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.00% 192 $9K Reduce -83.6%
OC Owens Corning 0.00% 60 $9K No change
ABT Abbott Laboratories 0.00% 60 $8K No change
GSIE Goldman Sachs Activebeta Int 0.00% 200 $7K New
LNKB Linkbancorp Inc. 0.00% 986 $7K New

Portfolio Sells Q4 2024 → Q1 2025
PSEP Innovator U.S. Equity Power Reduce -99.4% 0.04% −6.34
RSPD Invesco S&P 500 Equal Weight Reduce -99.6% 0.00% −1.16
SJM The JM Smucker Co. Reduce -98.1% 0.02% −1.01
CIBR First Trust Nasdaq Cybersecu Reduce -9.3% 3.48% −0.51
MUB iShares National Muni Bond E Reduce -11.6% 1.34% −0.24
VYM Vanguard High DVD Yield ETF Reduce -9.3% 0.71% −0.09
RSPF Invesco S&P 500 Equal Weight Reduce -0.2% 2.84% −0.09
SCHA Schwab US Small-Cap ETF Reduce -5.6% 0.41% −0.08
GLDM SPDR Gold Minishares Trust Reduce -17.3% 1.74% −0.08
VIG Vanguard Dividend Apprec ETF Reduce -5.8% 0.75% −0.08
NVDA Nvidia Corp. Reduce -9.2% 0.19% −0.08
DGRS Wisdomtree U.S. Smallcap Qua Reduce -0.1% 0.54% −0.07
VUSB Vanguard Ultra Short Bond Et Reduce -8.7% 0.59% −0.07
ISTB iShares Core 1-5 Year Usd Bo Reduce -1.9% 0.91% −0.03
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -83.6% 0.00% −0.02
EFA iShares MSCI Eafe ETF Reduce -16.8% 0.12% −0.02
USMV iShares MSCI USA Min Vol Fac Reduce -9.3% 0.20% −0.02
MDYV SS SPDR S&P 400 MC Val ETF Reduce -2.4% 0.16% −0.02
CATH Global X S&P 500 Ca Val ETF Reduce -0.1% 0.16% −0.01
IWB iShares Russell 1000 ETF Reduce -0.2% 0.15% −0.01
DGRW Wisdomtree U.S. Quality Divi Reduce -60.4% 0.01% −0.01
XLRE SS Real Estate Select Sector Reduce -56.9% 0.01% −0.01
V Visa Inc. Class A Reduce -7.4% 1.96% −0.01
SPGM State Street SPDR Portfolio Reduce -7.8% 0.05% −0.01
JNK SS SPDR BB High Yield Bond Reduce -13.3% 0.03% −0.01
NCPB Nuveen Core Plus Bond ETF Reduce -3.7% 0.06% −0.00
DFIS Dimensional International SM Reduce -4.5% 0.08% −0.00
EEM iShares MSCI Emerging Market Reduce -0.6% 0.04% +0.00
T AT&T Inc. Reduce -12.3% 1.96% +0.10
AEP American Electric Power Reduce -4.3% 1.29% +0.12

Portfolio Buys Q4 2024 → Q1 2025
MOAT Vaneck Morningstar Wide Moat New 4.22% +4.22
KR Kroger Co. New 1.35% +1.35
AMZN Amazon.com Inc. New 1.16% +1.16
UNH Unitedhealth Group Inc. Add +27.9% 1.90% +0.42
CVX Chevron Corp. Add +17.0% 1.40% +0.33
VRTX Vertex Pharmaceuticals Inc. Add +11.0% 1.32% +0.30
AMGN Amgen Inc. Add +11.2% 1.32% +0.29
PGR Progressive Corp. Add +10.4% 1.39% +0.29
PH Parker Hannifin Corp. Add +25.8% 1.88% +0.27
SCHP Schwab U.S. Tips ETF Add +1.7% 9.45% +0.25
VXUS Vanguard Total Intl Stock Add +1.4% 7.13% +0.25
DEW Wisdomtree Global High Divid Add +0.7% 4.65% +0.21
IBP Installed Building Products Add +28.8% 1.17% +0.21
SCHV Schwab US Large-Cap Value Add +20.8% 1.13% +0.19
PG The Procter & Gamble Co. Add +11.5% 1.90% +0.17
LRCX Lam Research Corp. Add +13.8% 1.60% +0.16
MPC Marathon Petroleum Corp. Add +11.5% 1.22% +0.14
JPM JPMorgan Chase & Co. Add +6.7% 2.00% +0.11
JCPB JPMorgan Core Plus Bond ETF Add +1.7% 13.78% +0.10
SCHD Schwab US DVD Equity ETF Add +3.4% 3.45% +0.09
PJP Invesco Pharmaceuticals ETF Add +11.1% 0.64% +0.07
MSFT Microsoft Corp. Add +18.9% 1.80% +0.05
SPHQ Invesco S&P 500 Quality ETF New 0.04% +0.04
RPM RPM International Inc. Add +12.0% 1.19% +0.02
FITB Fifth Third Bancorp Add +13.6% 1.11% +0.02
ETN Eaton Corp. PLC Add +27.5% 1.85% +0.02
HD Home Depot Inc. Add +10.4% 1.86% +0.02
BSCP Invesco Bulletshares 2025 CB New 0.01% +0.01
AGG iShares Core U.S. Aggregate Add +20.0% 0.09% +0.01
IGF iShares Global Infrastructur Add +12.3% 0.11% +0.01
MEDP Medpace Holdings Inc. Add +15.3% 0.49% +0.01
GSLC Goldman Activebeta US LC ETF New 0.01% +0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui New 0.01% +0.01
UPS United Parcel Service Class B Add +83.3% 0.01% +0.00
SOXX iShares Semiconductor ETF New 0.00% +0.00
SDG Ish MSCI Glob Sust Deve Goal New 0.00% +0.00
GSIE Goldman Sachs Activebeta Int New 0.00% +0.00
LNKB Linkbancorp Inc. New 0.00% +0.00
CWI State Street SPDR MSCI Acwi Add +9.0% 0.02% +0.00
RWO State Street SPDR Dow Jones Add +8.9% 0.02% +0.00
ACWI iShares MSCI Acwi ETF Add +18.5% 0.01% +0.00
MUST Columbia Multi-Sect Muni Inc. Add +0.3% 0.05% −0.00
VOO Vanguard S&P 500 ETF Add +1.4% 0.04% −0.00
SCHG Schwab US Large-Cap Growth Add +5.0% 1.11% −0.10
AAPL Apple Inc. Add +10.0% 1.91% −0.11
CRM Salesforce Inc. Add +14.4% 1.03% −0.13
GOOGL Alphabet Inc. Class A Add +10.1% 1.76% −0.26
AVGO Broadcom Inc. Add +7.0% 1.22% −0.41

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 387$476.0MJCPB, DFAI, VXUS, SCHP, HELO
Q1 2026 379$400.4MJCPB, DFAI, VXUS, SCHP, CCNR
Q4 2025 275$380.6MJCPB, DFAI, VXUS, SCHP, CCNR
Q3 2025 97$354.5MJCPB, DFAI, SCHP, VXUS, CCNR
Q2 2025Amended 104$297.8MJCPB, SCHP, VXUS, DEW, MOAT
Q1 2025 97$261.6MJCPB, SCHP, VXUS, DEW, MOAT
Q4 2024 86$253.8MJCPB, SCHP, VXUS, PSEP, DEW
Q3 2024 80$261.5MJCPB, SCHP, VXUS, GLDM, PSEP
Q2 2024 73$192.6MSCHP, PSEP, GLDM, VXUS, DEW
Q1 2024 84$199.6MSCHP, RSP, GLDM, PSEP, VXUS