Joseph Group Capital Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Joseph Group Capital Management reported 104 stock positions worth $297.8 million. Its top holding was JPMorgan Core Plus Bond ETF (JCPB) at 12.3% of the portfolio, followed by Schwab U.S. Tips ETF (SCHP, 8.3%) and Vanguard Total Intl Stock (VXUS, 7.0%). Compared with Q1 2025, it opened 18 new positions, sold out of 11, added to 41 and reduced 30. The biggest buy was a new position in Alps Corecommodity NTRL Res (CCNR) and the biggest sale an exit from Unitedhealth (UNH).
- Most Recent 13F
- Q2 2026
- Location
- COLUMBUS, OH
- CIK
- 0001910383
- Portfolio Value
- $297.8M (Q2 2025)
- SEC Filing
- 0001910383-25-000006 ↗ filed Aug 7, 2025
Holdings Value
Holdings 104 stocks · $297.8M
| JCPB JPMorgan Core Plus Bond ETF | 12.34% | 781,218 | $36.8M | Add +1.9% |
| SCHP Schwab U.S. Tips ETF | 8.31% | 927,681 | $24.8M | Add +0.9% |
| VXUS Vanguard Total Intl Stock | 6.97% | 300,630 | $20.8M | Add +0.1% |
| DEW Wisdomtree Global High Divid | 4.20% | 218,905 | $12.5M | Add +0.9% |
| MOAT Vaneck Morningstar Wide Moat | 4.15% | 131,937 | $12.4M | Add +5.3% |
| CCNR Alps Corecommodity NTRL Res | 4.00% | 456,888 | $11.9M | New |
| CIBR First Trust Nasdaq Cybersecu | 3.64% | 143,405 | $10.8M | Reduce -0.8% |
| SCHD Schwab US DVD Equity ETF | 3.05% | 342,239 | $9.1M | Add +6.1% |
| RSPF Invesco S&P 500 Equal Weight | 2.63% | 103,052 | $7.8M | Add +0.4% |
| AVGO Broadcom Inc. | 1.94% | 20,923 | $5.8M | Add +9.9% |
| MSFT Microsoft Corp. | 1.93% | 11,557 | $5.7M | Reduce -7.9% |
| JPM JPMorgan Chase & Co. | 1.92% | 19,718 | $5.7M | Reduce -7.7% |
| LRCX Lam Research Corp. | 1.92% | 58,636 | $5.7M | Add +1.9% |
| PH Parker Hannifin Corp. | 1.90% | 8,120 | $5.7M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.87% | 31,666 | $5.6M | Add +6.5% |
| ETN Eaton Corp. PLC | 1.87% | 15,609 | $5.6M | Reduce -12.4% |
| T AT&T Inc. | 1.84% | 189,396 | $5.5M | Add +4.3% |
| SMIG Bahl & Gaynor S/M Inc. Growth | 1.83% | 189,089 | $5.5M | New |
| AAPL Apple Inc. | 1.82% | 26,403 | $5.4M | Add +17.3% |
| V Visa Inc. Class A | 1.80% | 15,112 | $5.4M | Add +3.0% |
| HD Home Depot Inc. | 1.78% | 14,434 | $5.3M | Add +8.7% |
| PG The Procter & Gamble Co. | 1.72% | 32,096 | $5.1M | Add +10.3% |
| GLDM SPDR Gold Minishares Trust | 1.33% | 60,412 | $4.0M | Reduce -17.9% |
| AMZN Amazon.com Inc. | 1.23% | 16,667 | $3.7M | Add +4.1% |
| KR Kroger Co. | 1.23% | 50,900 | $3.7M | Reduce -2.4% |
| MPC Marathon Petroleum Corp. | 1.22% | 21,904 | $3.6M | Add +0.3% |
| IHF iShares U.S. Healthcare Prov | 1.20% | 73,358 | $3.6M | New |
| FITB Fifth Third Bancorp | 1.19% | 86,521 | $3.6M | Add +16.8% |
| PGR Progressive Corp. | 1.19% | 13,256 | $3.5M | Add +3.2% |
| IBP Installed Building Products | 1.18% | 19,439 | $3.5M | Add +9.0% |
| CVX Chevron Corp. | 1.18% | 24,477 | $3.5M | Add +11.7% |
| CRM Salesforce Inc. | 1.17% | 12,831 | $3.5M | Add +27.4% |
| AEP American Electric Power | 1.17% | 33,560 | $3.5M | Add +8.9% |
| VRTX Vertex Pharmaceuticals Inc. | 1.16% | 7,760 | $3.5M | Add +8.9% |
| AMGN Amgen Inc. | 1.16% | 12,369 | $3.5M | Add +12.0% |
| SCHG Schwab US Large-Cap Growth | 1.14% | 116,482 | $3.4M | Add +0.1% |
| RPM RPM International Inc. | 1.13% | 30,677 | $3.4M | Add +14.2% |
| SCHV Schwab US Large-Cap Value | 1.12% | 120,449 | $3.3M | Add +7.8% |
| MUB iShares National Muni Bond E | 1.09% | 31,013 | $3.2M | Reduce -6.5% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.71% | 43,232 | $2.1M | Reduce -12.4% |
| VYM Vanguard High DVD Yield ETF | 0.67% | 14,968 | $2.0M | Add +4.5% |
| VIG Vanguard Dividend Apprec ETF | 0.66% | 9,581 | $2.0M | Reduce -4.8% |
| PJP Invesco Pharmaceuticals ETF | 0.57% | 21,242 | $1.7M | Add +9.9% |
| MEDP Medpace Holdings Inc. | 0.56% | 5,317 | $1.7M | Add +27.4% |
| VUSB Vanguard Ultra Short Bond Et | 0.50% | 29,568 | $1.5M | Reduce -4.7% |
| SCHA Schwab US Small-Cap ETF | 0.39% | 45,332 | $1.1M | Reduce -1.1% |
| HYD Vaneck High Yield Muni ETF | 0.31% | 18,423 | $925K | New |
| NVDA Nvidia Corp. | 0.24% | 4,539 | $717K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.17% | 5,358 | $503K | Reduce -3.6% |
| CATH Global X S&P 500 Ca Val ETF | 0.16% | 6,144 | $464K | Reduce -0.4% |
| IWB iShares Russell 1000 ETF | 0.14% | 1,256 | $427K | Reduce -0.2% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.14% | 5,279 | $419K | Reduce -0.0% |
| SHYM iShares Short Duration High | 0.14% | 18,511 | $413K | New |
| DGRS Wisdomtree U.S. Smallcap Qua | 0.12% | 7,819 | $364K | Reduce -74.3% |
| EFA iShares MSCI Eafe ETF | 0.11% | 3,523 | $315K | Reduce -4.5% |
| IGF iShares Global Infrastructur | 0.10% | 5,246 | $311K | Reduce -1.5% |
| DFIS Dimensional International SM | 0.08% | 8,453 | $252K | Reduce -1.1% |
| AGG iShares Core U.S. Aggregate | 0.08% | 2,274 | $226K | Reduce -7.4% |
| VOO Vanguard S&P 500 ETF | 0.06% | 305 | $173K | Add +35.6% |
| PSEP Innovator U.S. Equity Power | 0.04% | 3,106 | $127K | Add +25.9% |
| EEM iShares MSCI Emerging Market | 0.04% | 2,502 | $121K | Reduce -3.0% |
| BJAN Innovator U.S. Equity Buffer | 0.04% | 2,296 | $115K | No change |
| RSPH Invesco S&P 500 Equal Weight | 0.03% | 3,269 | $95K | Add +0.3% |
| JNK SS SPDR BB High Yield Bond | 0.03% | 902 | $88K | Add +5.9% |
| XLE SS Energy Select Sector | 0.03% | 1,023 | $87K | Reduce -32.8% |
| SPGM State Street SPDR Portfolio | 0.03% | 1,207 | $83K | Reduce -37.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.03% | 632 | $78K | Add +26.4% |
| SMH Vaneck Semiconductor ETF | 0.02% | 260 | $73K | No change |
| CL Colgate-Palmolive Co. | 0.02% | 700 | $64K | No change |
| IGV iShares Expanded Tech-Softwa | 0.02% | 490 | $54K | No change |
| RWO State Street SPDR Dow Jones | 0.02% | 1,185 | $52K | Reduce -8.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.02% | 117 | $51K | New |
| MUST Columbia Multi-Sect Muni Inc. | 0.02% | 2,309 | $46K | Reduce -61.0% |
| CHKP Check Point Software Tech | 0.02% | 203 | $45K | Add +1.5% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.01% | 445 | $44K | No change |
| CION Cion Investment Corp. | 0.01% | 4,131 | $40K | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.01% | 1,249 | $38K | No change |
| GIS General Mills Inc. | 0.01% | 712 | $37K | Add +9.5% |
| UPS United Parcel Service Class B | 0.01% | 330 | $33K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.01% | 180 | $32K | New |
| RSP Invesco S&P 500 Equal Weight | 0.01% | 165 | $30K | Reduce -1.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.01% | 100 | $28K | New |
| CWI State Street SPDR MSCI Acwi | 0.01% | 777 | $25K | Reduce -43.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.01% | 301 | $24K | Add +46.8% |
| VNQ Vanguard Real Estate ETF | 0.01% | 256 | $23K | No change |
| ACWI iShares MSCI Acwi ETF | 0.01% | 149 | $19K | Reduce -43.4% |
| IYW iShares Ustechnology ETF | 0.01% | 106 | $18K | No change |
| VEA Vanguard Ftse Developed ETF | 0.01% | 305 | $17K | New |
| SOXX iShares Semiconductor ETF | 0.00% | 60 | $14K | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.00% | 43 | $12K | New |
| VWOB Vanguard Emerg MKTS Gov BND | 0.00% | 166 | $11K | New |
| WEN The Wendy's Co. | 0.00% | 908 | $10K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.00% | 43 | $10K | New |
| DGRW Wisdomtree U.S. Quality Divi | 0.00% | 121 | $10K | Reduce -32.0% |
| ABT Abbott Laboratories | 0.00% | 73 | $10K | Add +21.7% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.00% | 227 | $10K | New |
| SDG Ish MSCI Glob Sust Deve Goal | 0.00% | 126 | $10K | No change |
| JAAA Janus Henderson Aaa Clo ETF | 0.00% | 183 | $9K | New |
| META Meta Platforms Inc. Class A | 0.00% | 12 | $9K | New |
| OC Owens Corning | 0.00% | 60 | $8K | No change |
| PEP Pepsico Inc. | 0.00% | 61 | $8K | New |
| XLRE SS Real Estate Select Sector | 0.00% | 156 | $6K | Reduce -62.5% |
| ED Consolidated Edison Inc. | 0.00% | 57 | $6K | New |
| FPE FT-Preferred Secur & Inc. ETF | 0.00% | 314 | $6K | New |
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.90 |
| DGRS Wisdomtree U.S. Smallcap Qua | Reduce -74.3% | 0.12% | −0.42 |
| GLDM SPDR Gold Minishares Trust | Reduce -17.9% | 1.33% | −0.41 |
| MUB iShares National Muni Bond E | Reduce -6.5% | 1.09% | −0.25 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -12.4% | 0.71% | −0.21 |
| KR Kroger Co. | Reduce -2.4% | 1.23% | −0.12 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -4.7% | 0.50% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.8% | 0.66% | −0.09 |
| JPM JPMorgan Chase & Co. | Reduce -7.7% | 1.92% | −0.08 |
| NCPB Nuveen Core Plus Bond ETF | Sold out | 0.00% | −0.06 |
| SPHQ Invesco S&P 500 Quality ETF | Sold out | 0.00% | −0.04 |
| AOK iShares Core 30/70 Conservat | Sold out | 0.00% | −0.03 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -3.6% | 0.17% | −0.03 |
| MUST Columbia Multi-Sect Muni Inc. | Reduce -61.0% | 0.02% | −0.03 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.1% | 0.39% | −0.03 |
| XLE SS Energy Select Sector | Reduce -32.8% | 0.03% | −0.03 |
| SPGM State Street SPDR Portfolio | Reduce -37.7% | 0.03% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -7.4% | 0.08% | −0.02 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.01 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -0.0% | 0.14% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -4.5% | 0.11% | −0.01 |
| IGF iShares Global Infrastructur | Reduce -1.5% | 0.10% | −0.01 |
| CWI State Street SPDR MSCI Acwi | Reduce -43.2% | 0.01% | −0.01 |
| GSLC Goldman Activebeta US LC ETF | Sold out | 0.00% | −0.01 |
| ACWI iShares MSCI Acwi ETF | Reduce -43.4% | 0.01% | −0.01 |
| XLRE SS Real Estate Select Sector | Reduce -62.5% | 0.00% | −0.00 |
| IWB iShares Russell 1000 ETF | Reduce -0.2% | 0.14% | −0.00 |
| RSPD Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.00 |
| RSPS Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.00 |
| RWO State Street SPDR Dow Jones | Reduce -8.4% | 0.02% | −0.00 |
| CATH Global X S&P 500 Ca Val ETF | Reduce -0.4% | 0.16% | −0.00 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.00 |
| GSIE Goldman Sachs Activebeta Int | Sold out | 0.00% | −0.00 |
| LNKB Linkbancorp Inc. | Sold out | 0.00% | −0.00 |
| EEM iShares MSCI Emerging Market | Reduce -3.0% | 0.04% | −0.00 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -32.0% | 0.00% | −0.00 |
| RSP Invesco S&P 500 Equal Weight | Reduce -1.2% | 0.01% | −0.00 |
| DFIS Dimensional International SM | Reduce -1.1% | 0.08% | +0.00 |
| ETN Eaton Corp. PLC | Reduce -12.4% | 1.87% | +0.02 |
| MSFT Microsoft Corp. | Reduce -7.9% | 1.93% | +0.13 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -0.8% | 3.64% | +0.16 |
Portfolio Buys Q1 2025 → Q2 2025
| CCNR Alps Corecommodity NTRL Res | New | 4.00% | +4.00 |
| SMIG Bahl & Gaynor S/M Inc. Growth | New | 1.83% | +1.83 |
| IHF iShares U.S. Healthcare Prov | New | 1.20% | +1.20 |
| AVGO Broadcom Inc. | Add +9.9% | 1.94% | +0.72 |
| LRCX Lam Research Corp. | Add +1.9% | 1.92% | +0.32 |
| HYD Vaneck High Yield Muni ETF | New | 0.31% | +0.31 |
| CRM Salesforce Inc. | Add +27.4% | 1.17% | +0.14 |
| SHYM iShares Short Duration High | New | 0.14% | +0.14 |
| GOOGL Alphabet Inc. Class A | Add +6.5% | 1.87% | +0.12 |
| FITB Fifth Third Bancorp | Add +16.8% | 1.19% | +0.08 |
| MEDP Medpace Holdings Inc. | Add +27.4% | 0.56% | +0.07 |
| AMZN Amazon.com Inc. | Add +4.1% | 1.23% | +0.06 |
| SCHG Schwab US Large-Cap Growth | Add +0.1% | 1.14% | +0.03 |
| PH Parker Hannifin Corp. | Add +0.1% | 1.90% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +35.6% | 0.06% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.01% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.01% | +0.01 |
| IBP Installed Building Products | Add +9.0% | 1.18% | +0.01 |
| DIS The Walt Disney Co. | Add +26.4% | 0.03% | +0.01 |
| PSEP Innovator U.S. Equity Power | Add +25.9% | 0.04% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +0.3% | 1.22% | +0.01 |
| VEA Vanguard Ftse Developed ETF | New | 0.01% | +0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.00% | +0.00 |
| VWOB Vanguard Emerg MKTS Gov BND | New | 0.00% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.00% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.00% | +0.00 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.00% | +0.00 |
| META Meta Platforms Inc. Class A | New | 0.00% | +0.00 |
| PEP Pepsico Inc. | New | 0.00% | +0.00 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +46.8% | 0.01% | +0.00 |
| ED Consolidated Edison Inc. | New | 0.00% | +0.00 |
| FPE FT-Preferred Secur & Inc. ETF | New | 0.00% | +0.00 |
| ABT Abbott Laboratories | Add +21.7% | 0.00% | +0.00 |
| JNK SS SPDR BB High Yield Bond | Add +5.9% | 0.03% | −0.00 |
| CHKP Check Point Software Tech | Add +1.5% | 0.02% | −0.00 |
| GIS General Mills Inc. | Add +9.5% | 0.01% | −0.00 |
| RSPH Invesco S&P 500 Equal Weight | Add +0.3% | 0.03% | −0.01 |
| SCHV Schwab US Large-Cap Value | Add +7.8% | 1.12% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Add +4.5% | 0.67% | −0.04 |
| RPM RPM International Inc. | Add +14.2% | 1.13% | −0.06 |
| MOAT Vaneck Morningstar Wide Moat | Add +5.3% | 4.15% | −0.06 |
| PJP Invesco Pharmaceuticals ETF | Add +9.9% | 0.57% | −0.07 |
| HD Home Depot Inc. | Add +8.7% | 1.78% | −0.08 |
| AAPL Apple Inc. | Add +17.3% | 1.82% | −0.09 |
| AEP American Electric Power | Add +8.9% | 1.17% | −0.12 |
| T AT&T Inc. | Add +4.3% | 1.84% | −0.12 |
| VXUS Vanguard Total Intl Stock | Add +0.1% | 6.97% | −0.15 |
| AMGN Amgen Inc. | Add +12.0% | 1.16% | −0.16 |
| VRTX Vertex Pharmaceuticals Inc. | Add +8.9% | 1.16% | −0.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 387 | $476.0M | JCPB, DFAI, VXUS, SCHP, HELO |
| Q1 2026 | 379 | $400.4M | JCPB, DFAI, VXUS, SCHP, CCNR |
| Q4 2025 | 275 | $380.6M | JCPB, DFAI, VXUS, SCHP, CCNR |
| Q3 2025 | 97 | $354.5M | JCPB, DFAI, SCHP, VXUS, CCNR |
| Q2 2025Amended | 104 | $297.8M | JCPB, SCHP, VXUS, DEW, MOAT |
| Q1 2025 | 97 | $261.6M | JCPB, SCHP, VXUS, DEW, MOAT |
| Q4 2024 | 86 | $253.8M | JCPB, SCHP, VXUS, PSEP, DEW |
| Q3 2024 | 80 | $261.5M | JCPB, SCHP, VXUS, GLDM, PSEP |
| Q2 2024 | 73 | $192.6M | SCHP, PSEP, GLDM, VXUS, DEW |
| Q1 2024 | 84 | $199.6M | SCHP, RSP, GLDM, PSEP, VXUS |