Joule Financial, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Joule Financial, LLC reported 116 stock positions worth $368.8 million. Its top holding was Vanguard Total Bond Market (BND) at 18.7% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 12.6%) and iShares 7-10 Year Treasury B (IEF, 8.4%). Compared with Q1 2026, it opened 8 new positions, sold out of 6, added to 33 and reduced 67. The biggest buy was a new position in Arm Holdings PLC-ADR (ARM) and the biggest sale iShares 7-10 Year Treasury B (IEF, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- Lexington, KY
- CIK
- 0001929070
- Portfolio Value
- $368.8M (Q2 2026)
- SEC Filing
- 0001172661-26-002634 ↗ filed Jul 15, 2026
Holdings Value
Holdings 116 stocks · $368.8M
| BND Vanguard Total Bond Market | 18.74% | 941,400 | $69.1M | Add +2.6% |
| RSP Invesco S&P 500 Equal Weight | 12.58% | 218,109 | $46.4M | Reduce -0.5% |
| IEF iShares 7-10 Year Treasury B | 8.38% | 326,912 | $30.9M | Reduce -0.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 8.07% | 272,760 | $29.7M | Add +2.1% |
| SCHA Schwab US Small-Cap ETF | 7.61% | 776,769 | $28.1M | Reduce -2.5% |
| SCHD Schwab US DVD Equity ETF | 6.99% | 812,806 | $25.8M | Add +0.2% |
| VEA Vanguard Ftse Developed ETF | 2.58% | 133,661 | $9.5M | Reduce -1.0% |
| VWO Vanguard Ftse Emerging Marke | 2.34% | 144,763 | $8.6M | Reduce -0.7% |
| VGT Vanguard Info Tech ETF | 1.72% | 53,143 | $6.4M | Reduce -1.9% |
| TLT iShares 20+ Year Treasury BD | 1.63% | 69,761 | $6.0M | Add +0.4% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 1.56% | 158,537 | $5.7M | Add +0.8% |
| SCHB Schwab US Broad Market ETF | 1.37% | 174,664 | $5.1M | Reduce -1.7% |
| PAYS Paysign Inc. | 1.36% | 614,175 | $5.0M | No change |
| VIS Vanguard Industrials ETF | 1.08% | 11,003 | $4.0M | Reduce -1.0% |
| VFH Vanguard Financials ETF | 1.05% | 29,304 | $3.9M | Reduce -3.7% |
| BE Bloom Energy Corp. Class A | 1.00% | 12,211 | $3.7M | Reduce -4.2% |
| VDC Vanguard Consumer Staple ETF | 0.93% | 15,287 | $3.4M | Reduce -3.1% |
| VOX Vanguard Communication Servi | 0.90% | 17,987 | $3.3M | Reduce -0.1% |
| VHT Vanguard Health Care ETF | 0.86% | 10,567 | $3.2M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 0.85% | 8,763 | $3.1M | Reduce -28.0% |
| VCR Vanguard Consumer Discre ETF | 0.75% | 6,930 | $2.7M | Reduce -4.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.67% | 29,635 | $2.5M | Add +19.1% |
| CSCO Cisco Systems Inc. | 0.66% | 20,603 | $2.4M | Reduce -19.2% |
| AAPL Apple Inc. | 0.65% | 8,244 | $2.4M | Add +2.2% |
| IUSV iShares Core S&P U.S. Value | 0.58% | 19,474 | $2.1M | Add +21.7% |
| CIEN Ciena Corp. | 0.57% | 4,281 | $2.1M | Reduce -3.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.53% | 16,535 | $2.0M | Add +22.4% |
| XLE SS Energy Select Sector | 0.52% | 35,964 | $1.9M | Reduce -5.7% |
| IGV iShares Expanded Tech-Softwa | 0.49% | 19,897 | $1.8M | Reduce -2.3% |
| TSLA Tesla Inc. | 0.48% | 4,191 | $1.8M | Reduce -0.5% |
| BIDU Baidu Inc. - Spon ADR | 0.46% | 14,733 | $1.7M | Reduce -2.3% |
| FSLR First Solar Inc. | 0.42% | 6,583 | $1.6M | Add +71.5% |
| ARM Arm Holdings PLC-ADR | 0.40% | 4,195 | $1.5M | New |
| VPU Vanguard Utilities ETF | 0.38% | 7,180 | $1.4M | Reduce -0.9% |
| CMI Cummins Inc. | 0.38% | 1,964 | $1.4M | Reduce -2.7% |
| CAT Caterpillar Inc. | 0.35% | 1,224 | $1.3M | Add +0.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.35% | 28,030 | $1.3M | Add +15.5% |
| VXF Vanguard Extended Market ETF | 0.28% | 4,209 | $1.0M | New |
| SCHX Schwab US Large-Cap ETF | 0.28% | 35,195 | $1.0M | Reduce -4.4% |
| DE Deere & Co. | 0.28% | 1,620 | $1.0M | Add +15.0% |
| CCJ Cameco Corp. | 0.28% | 10,056 | $1.0M | Reduce -2.5% |
| JPM JPMorgan Chase & Co. | 0.27% | 3,079 | $1.0M | Reduce -8.0% |
| GLW Corning Inc. | 0.26% | 3,796 | $970K | Reduce -0.7% |
| PFE Pfizer Inc. | 0.24% | 36,687 | $883K | Add +1.0% |
| SCHM Schwab US Mid Cap ETF | 0.22% | 22,277 | $821K | Reduce -3.1% |
| PG The Procter & Gamble Co. | 0.22% | 5,426 | $796K | Reduce -0.5% |
| VAW Vanguard Materials ETF | 0.21% | 3,463 | $793K | Reduce -9.3% |
| MSFT Microsoft Corp. | 0.21% | 2,036 | $760K | Reduce -3.8% |
| BABA Alibaba Group Holding-SP ADR | 0.20% | 7,708 | $740K | Reduce -3.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 2,524 | $710K | Reduce -1.7% |
| SCHV Schwab US Large-Cap Value | 0.19% | 19,932 | $694K | Reduce -0.4% |
| AMZN Amazon.com Inc. | 0.19% | 2,868 | $684K | Reduce -6.7% |
| TXN Texas Instruments Inc. | 0.18% | 2,215 | $661K | Reduce -1.1% |
| JNJ Johnson & Johnson | 0.17% | 2,525 | $641K | Reduce -6.9% |
| CVX Chevron Corp. | 0.16% | 3,633 | $602K | Reduce -0.9% |
| BKR Baker Hughes Co. | 0.16% | 10,562 | $586K | Reduce -2.7% |
| SCHI Schwab 5-10 Year Corporate B | 0.16% | 25,325 | $573K | No change |
| PRU Prudential Financial Inc. | 0.15% | 5,197 | $561K | Add +1.3% |
| RTX RTX Corp. | 0.15% | 2,955 | $561K | Reduce -8.0% |
| SNA Snap-on Inc. | 0.15% | 1,383 | $557K | Add +1.0% |
| MRK Merck & Co. Inc. | 0.15% | 4,322 | $555K | Add +0.1% |
| EMR Emerson Electric Co. | 0.15% | 3,853 | $552K | Reduce -0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 1,436 | $532K | No change |
| SPGI S&P Global Inc. | 0.14% | 1,303 | $502K | Add +5.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.13% | 969 | $485K | Reduce -2.5% |
| SPTI SS SPDR P Int Term TSY ETF | 0.12% | 15,978 | $454K | New |
| KO The Coca-Cola Co. | 0.12% | 5,465 | $447K | Reduce -0.9% |
| NVDA Nvidia Corp. | 0.12% | 2,160 | $432K | Reduce -0.7% |
| PEP Pepsico Inc. | 0.12% | 3,190 | $432K | Add +1.3% |
| ABBV Abbvie Inc. | 0.12% | 1,704 | $429K | Reduce -0.1% |
| OKLO Oklo Inc. | 0.12% | 8,148 | $426K | Add +5.0% |
| UNP Union Pacific Corp. | 0.11% | 1,542 | $419K | Add +0.1% |
| AXP American Express Co. | 0.11% | 1,181 | $399K | Reduce -1.9% |
| LRGF iShares US Equity Factor ETF | 0.11% | 5,230 | $396K | Add +22.0% |
| FITB Fifth Third Bancorp | 0.10% | 6,829 | $385K | Add +1.9% |
| ETN Eaton Corp. PLC | 0.10% | 897 | $382K | Reduce -4.0% |
| LLY Eli Lilly & Co. | 0.10% | 310 | $372K | No change |
| SYBT Stock Yards Bancorp Inc. | 0.10% | 4,643 | $357K | No change |
| GLD SPDR Gold Shares | 0.10% | 964 | $355K | Reduce -2.8% |
| FAST Fastenal Co. | 0.10% | 7,352 | $353K | Add +0.0% |
| SCHF Schwab Intl Equity ETF | 0.10% | 12,724 | $352K | Reduce -38.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.10% | 470 | $351K | Add +5.4% |
| GRMN Garmin Ltd. | 0.09% | 1,455 | $346K | No change |
| MET Metlife Inc. | 0.09% | 4,067 | $344K | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 0.09% | 497 | $341K | No change |
| IAGG iShares Intl Aggregate Bond | 0.09% | 6,682 | $338K | New |
| KR Kroger Co. | 0.09% | 6,068 | $337K | Reduce -48.1% |
| ADM Archer-Daniels-Midland Co. | 0.09% | 4,352 | $332K | Add +0.4% |
| AFL Aflac Inc. | 0.09% | 2,773 | $325K | Reduce -3.3% |
| VIG Vanguard Dividend Apprec ETF | 0.09% | 1,341 | $317K | Reduce -0.4% |
| SCHY Schwab International DVD ETF | 0.09% | 9,927 | $315K | Reduce -0.3% |
| SCHZ Schwab US Aggregate Bond ETF | 0.09% | 13,601 | $315K | Reduce -9.3% |
| MDLZ Mondelez International Inc. Class A | 0.08% | 5,117 | $296K | Add +1.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.08% | 2,574 | $293K | Reduce -1.3% |
| MBB iShares MBS ETF | 0.08% | 2,944 | $278K | Reduce -29.7% |
| LMT Lockheed Martin Corp. | 0.07% | 508 | $259K | Add +0.2% |
| TGT Target Corp. | 0.07% | 1,979 | $258K | Add +2.9% |
| LOW Lowe's Cos Inc. | 0.07% | 1,165 | $257K | Add +0.7% |
| GD General Dynamics Corp. | 0.07% | 695 | $246K | Reduce -1.4% |
| VXUS Vanguard Total Intl Stock | 0.07% | 2,878 | $246K | No change |
Portfolio Sells Q1 2026 → Q2 2026
| IEF iShares 7-10 Year Treasury B | Reduce -0.4% | 8.38% | −0.74 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.33 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.33 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.21 |
| GOOGL Alphabet Inc. Class A | Reduce -28.0% | 0.85% | −0.17 |
| XLE SS Energy Select Sector | Reduce -5.7% | 0.52% | −0.16 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.16 |
| KR Kroger Co. | Reduce -48.1% | 0.09% | −0.16 |
| USIG iShares Broad Usd Investment | Sold out | 0.00% | −0.10 |
| VDC Vanguard Consumer Staple ETF | Reduce -3.1% | 0.93% | −0.10 |
| BABA Alibaba Group Holding-SP ADR | Reduce -3.1% | 0.20% | −0.09 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.07 |
| CVX Chevron Corp. | Reduce -0.9% | 0.16% | −0.06 |
| SCHF Schwab Intl Equity ETF | Reduce -38.7% | 0.10% | −0.05 |
| CCJ Cameco Corp. | Reduce -2.5% | 0.28% | −0.05 |
| VOX Vanguard Communication Servi | Reduce -0.1% | 0.90% | −0.05 |
| MBB iShares MBS ETF | Reduce -29.7% | 0.08% | −0.04 |
| VPU Vanguard Utilities ETF | Reduce -0.9% | 0.38% | −0.04 |
| VAW Vanguard Materials ETF | Reduce -9.3% | 0.21% | −0.04 |
| BKR Baker Hughes Co. | Reduce -2.7% | 0.16% | −0.03 |
| BIDU Baidu Inc. - Spon ADR | Reduce -2.3% | 0.46% | −0.03 |
| RTX RTX Corp. | Reduce -8.0% | 0.15% | −0.03 |
| GLD SPDR Gold Shares | Reduce -2.8% | 0.10% | −0.03 |
| VFH Vanguard Financials ETF | Reduce -3.7% | 1.05% | −0.02 |
| MSFT Microsoft Corp. | Reduce -3.8% | 0.21% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -36.1% | 0.06% | −0.02 |
| CSX CSX Corp. | Reduce -28.9% | 0.06% | −0.02 |
| JNJ Johnson & Johnson | Reduce -6.9% | 0.17% | −0.02 |
| MCD McDonald's Corp. | Reduce -2.8% | 0.06% | −0.02 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -18.2% | 0.06% | −0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -9.3% | 0.09% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -8.0% | 0.27% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.5% | 0.22% | −0.01 |
| VCR Vanguard Consumer Discre ETF | Reduce -4.3% | 0.75% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -3.4% | 0.06% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.5% | 0.13% | −0.01 |
| SCHY Schwab International DVD ETF | Reduce -0.3% | 0.09% | −0.01 |
| IUSG iShares Core S&P U.S. Growth | Reduce -18.0% | 0.07% | −0.01 |
| PGX Invesco Preferred ETF | Reduce -6.5% | 0.03% | −0.01 |
| GD General Dynamics Corp. | Reduce -1.4% | 0.07% | −0.00 |
| AFL Aflac Inc. | Reduce -3.3% | 0.09% | −0.00 |
| HD Home Depot Inc. | Reduce -4.3% | 0.06% | −0.00 |
| KO The Coca-Cola Co. | Reduce -0.9% | 0.12% | −0.00 |
| AMZN Amazon.com Inc. | Reduce -6.7% | 0.19% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.4% | 0.09% | +0.00 |
| EMR Emerson Electric Co. | Reduce -0.4% | 0.15% | +0.00 |
| AXP American Express Co. | Reduce -1.9% | 0.11% | +0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -1.9% | 0.06% | +0.00 |
| VHT Vanguard Health Care ETF | Reduce -1.6% | 0.86% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -4.4% | 0.28% | +0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| ARM Arm Holdings PLC-ADR | New | 0.40% | +0.40 |
| VXF Vanguard Extended Market ETF | New | 0.28% | +0.28 |
| FSLR First Solar Inc. | Add +71.5% | 0.42% | +0.20 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +22.4% | 0.53% | +0.15 |
| VEU Vanguard Ftse All-World Ex-U | Add +19.1% | 0.67% | +0.13 |
| SPTI SS SPDR P Int Term TSY ETF | New | 0.12% | +0.12 |
| IUSV iShares Core S&P U.S. Value | Add +21.7% | 0.58% | +0.11 |
| CAT Caterpillar Inc. | Add +0.3% | 0.35% | +0.10 |
| IAGG iShares Intl Aggregate Bond | New | 0.09% | +0.09 |
| INTC Intel Corp. | New | 0.06% | +0.06 |
| VZ Verizon Communications Inc. | New | 0.06% | +0.06 |
| GE General Electric | New | 0.05% | +0.05 |
| UPS United Parcel Service Class B | New | 0.05% | +0.05 |
| AAPL Apple Inc. | Add +2.2% | 0.65% | +0.05 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +0.8% | 1.56% | +0.05 |
| DE Deere & Co. | Add +15.0% | 0.28% | +0.05 |
| LRGF iShares US Equity Factor ETF | Add +22.0% | 0.11% | +0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +15.5% | 0.35% | +0.02 |
| FITB Fifth Third Bancorp | Add +1.9% | 0.10% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.4% | 0.10% | +0.01 |
| PRU Prudential Financial Inc. | Add +1.3% | 0.15% | +0.01 |
| SNA Snap-on Inc. | Add +1.0% | 0.15% | +0.01 |
| UNP Union Pacific Corp. | Add +0.1% | 0.11% | +0.00 |
| OKLO Oklo Inc. | Add +5.0% | 0.12% | +0.00 |
| TGT Target Corp. | Add +2.9% | 0.07% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +0.1% | 0.06% | −0.00 |
| MRK Merck & Co. Inc. | Add +0.1% | 0.15% | −0.00 |
| ADM Archer-Daniels-Midland Co. | Add +0.4% | 0.09% | −0.00 |
| FAST Fastenal Co. | Add +0.0% | 0.10% | −0.00 |
| BLK BlackRock Inc. | Add +0.5% | 0.06% | −0.00 |
| MDLZ Mondelez International Inc. Class A | Add +1.0% | 0.08% | −0.00 |
| DUK Duke Energy Corp. | Add +2.1% | 0.06% | −0.01 |
| LOW Lowe's Cos Inc. | Add +0.7% | 0.07% | −0.01 |
| SPGI S&P Global Inc. | Add +5.7% | 0.14% | −0.02 |
| LMT Lockheed Martin Corp. | Add +0.2% | 0.07% | −0.02 |
| PEP Pepsico Inc. | Add +1.3% | 0.12% | −0.03 |
| PFE Pfizer Inc. | Add +1.0% | 0.24% | −0.06 |
| TLT iShares 20+ Year Treasury BD | Add +0.4% | 1.63% | −0.12 |
| SCHD Schwab US DVD Equity ETF | Add +0.2% | 6.99% | −0.26 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +2.1% | 8.07% | −0.42 |
| BND Vanguard Total Bond Market | Add +2.6% | 18.74% | −0.94 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 116 | $368.8M | BND, RSP, IEF, LQD, SCHA |
| Q1 2026 | 114 | $343.3M | BND, RSP, IEF, LQD, SCHD |
| Q4 2025 | 109 | $333.8M | BND, RSP, LQD, IEF, SCHA |
| Q3 2025 | 114 | $333.8M | BND, RSP, LQD, IEF, SCHA |
| Q2 2025 | 108 | $308.0M | BND, RSP, LQD, SCHA, SCHD |
| Q1 2025 | 103 | $284.9M | BND, RSP, LQD, SCHD, IEF |
| Q4 2024 | 108 | $282.9M | BND, RSP, LQD, SCHD, SCHA |
| Q3 2024 | 107 | $274.8M | BND, RSP, LQD, SCHD, SCHA |
| Q2 2024Amended | 102 | $246.0M | BND, RSP, LQD, SCHD, SCHA |
| Q1 2024Amended | 106 | $242.8M | BND, RSP, LQD, SCHD, SCHA |