Joule Financial, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed October 17, 2024), Joule Financial, LLC reported 106 stock positions worth $242.8 million. Its top holding was Vanguard Total Bond Market (BND) at 19.9% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 13.8%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 9.1%). Compared with Q4 2023, it opened 13 new positions, sold out of 8, added to 44 and reduced 44. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +32%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −34%).
- Most Recent 13F
- Q2 2026
- Location
- Lexington, KY
- CIK
- 0001929070
- Portfolio Value
- $242.8M (Q1 2024)
- SEC Filing
- 0001172661-24-004298 ↗ filed Oct 17, 2024
Holdings Value
Holdings 106 stocks · $242.8M
| BND Vanguard Total Bond Market | 19.91% | 665,603 | $48.3M | Add +9.8% |
| RSP Invesco S&P 500 Equal Weight | 13.79% | 197,761 | $33.5M | Add +32.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 9.11% | 203,047 | $22.1M | Add +8.9% |
| SCHD Schwab US DVD Equity ETF | 6.04% | 181,842 | $14.7M | Add +36.7% |
| SCHA Schwab US Small-Cap ETF | 6.04% | 297,610 | $14.7M | Add +13.5% |
| GLD SPDR Gold Shares | 5.89% | 69,567 | $14.3M | Add +19.8% |
| QQQ Invesco QQQ Trust Series 1 | 3.74% | 20,453 | $9.1M | Reduce -33.7% |
| VEA Vanguard Ftse Developed ETF | 2.53% | 122,667 | $6.2M | Add +3.8% |
| VGT Vanguard Info Tech ETF | 2.38% | 11,013 | $5.8M | Reduce -16.6% |
| VWO Vanguard Ftse Emerging Marke | 2.25% | 130,926 | $5.5M | Reduce -9.6% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 1.56% | 150,016 | $3.8M | Add +176.3% |
| TLT iShares 20+ Year Treasury BD | 1.01% | 25,818 | $2.4M | Add +124.8% |
| VIS Vanguard Industrials ETF | 0.98% | 9,727 | $2.4M | Add +10.0% |
| VOX Vanguard Communication Servi | 0.96% | 17,760 | $2.3M | Add +9.2% |
| VFH Vanguard Financials ETF | 0.95% | 22,529 | $2.3M | Reduce -7.5% |
| VCR Vanguard Consumer Discre ETF | 0.83% | 6,328 | $2.0M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 0.78% | 12,507 | $1.9M | Add +40.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.72% | 9,217 | $1.8M | Add +9.4% |
| GPC Genuine Parts Co. | 0.70% | 10,945 | $1.7M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 0.70% | 8,511 | $1.7M | Add +1.4% |
| UBER Uber Technologies Inc. | 0.69% | 21,784 | $1.7M | Reduce -11.5% |
| VDC Vanguard Consumer Staple ETF | 0.67% | 7,969 | $1.6M | Add +3.8% |
| MSFT Microsoft Corp. | 0.65% | 3,731 | $1.6M | Reduce -11.9% |
| ARKK ARK Innovation ETF | 0.64% | 31,128 | $1.6M | Add +58.8% |
| VHT Vanguard Health Care ETF | 0.55% | 4,963 | $1.3M | Reduce -7.6% |
| XLE SS Energy Select Sector | 0.52% | 13,263 | $1.3M | Add +8.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.51% | 10,083 | $1.2M | Add +12.1% |
| IEF iShares 7-10 Year Treasury B | 0.51% | 12,958 | $1.2M | Add +15.0% |
| SCHX Schwab US Large-Cap ETF | 0.48% | 18,833 | $1.2M | Reduce -5.1% |
| CLF Cleveland-Cliffs Inc. | 0.44% | 46,932 | $1.1M | Add +39.5% |
| SCHB Schwab US Broad Market ETF | 0.40% | 16,075 | $981K | Reduce -29.0% |
| GDX Vaneck Gold Miners ETF | 0.39% | 30,160 | $954K | Reduce -9.4% |
| IVV iShares Core S&P 500 ETF | 0.38% | 1,767 | $929K | Reduce -2.8% |
| PRU Prudential Financial Inc. | 0.38% | 7,785 | $914K | Add +166.2% |
| SCHV Schwab US Large-Cap Value | 0.37% | 11,842 | $900K | Add +3.7% |
| PG The Procter & Gamble Co. | 0.37% | 5,545 | $900K | Add +1.0% |
| CCJ Cameco Corp. | 0.37% | 20,762 | $899K | Add +25.6% |
| FAST Fastenal Co. | 0.32% | 9,923 | $765K | Reduce -0.0% |
| VAW Vanguard Materials ETF | 0.31% | 3,698 | $756K | Add +7.0% |
| VPU Vanguard Utilities ETF | 0.31% | 5,261 | $750K | Add +2.3% |
| MU Micron Technology Inc. | 0.30% | 6,182 | $730K | Add +10.8% |
| AMZN Amazon.com Inc. | 0.29% | 3,934 | $710K | Add +15.3% |
| SCHM Schwab US Mid Cap ETF | 0.29% | 8,563 | $697K | Reduce -0.1% |
| CMI Cummins Inc. | 0.23% | 1,936 | $570K | Reduce -1.1% |
| COST Costco Wholesale Corp. | 0.23% | 778 | $570K | Reduce -1.1% |
| COF Capital One Financial Corp. | 0.23% | 3,799 | $566K | Add +5.8% |
| SCHI Schwab 5-10 Year Corporate B | 0.23% | 12,507 | $556K | No change |
| EMR Emerson Electric Co. | 0.22% | 4,805 | $545K | Add +3.0% |
| XOM Exxon Mobil Corp. | 0.22% | 4,597 | $534K | Reduce -1.1% |
| AER Aercap Holdings NV | 0.21% | 6,002 | $522K | Reduce -17.2% |
| SPGI S&P Global Inc. | 0.21% | 1,222 | $520K | Add +0.3% |
| ETN Eaton Corp. PLC | 0.21% | 1,629 | $511K | Reduce -1.8% |
| OXY Occidental Petroleum Corp. | 0.21% | 7,672 | $499K | New |
| MRK Merck & Co. Inc. | 0.20% | 3,570 | $474K | Add +9.6% |
| AAPL Apple Inc. | 0.19% | 2,748 | $471K | Reduce -7.8% |
| CSCO Cisco Systems Inc. | 0.19% | 9,364 | $467K | Reduce -11.8% |
| TXN Texas Instruments Inc. | 0.19% | 2,647 | $461K | Add +0.7% |
| META Meta Platforms Inc. Class A | 0.19% | 942 | $457K | Add +1.6% |
| CVX Chevron Corp. | 0.19% | 2,854 | $450K | Reduce -2.2% |
| PEP Pepsico Inc. | 0.18% | 2,515 | $444K | Reduce -7.5% |
| SCHF Schwab Intl Equity ETF | 0.18% | 11,248 | $439K | Reduce -0.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.18% | 9,530 | $438K | Reduce -2.9% |
| LLY Eli Lilly & Co. | 0.18% | 551 | $429K | Reduce -5.2% |
| BSX Boston Scientific Corp. | 0.17% | 6,143 | $421K | Reduce -51.9% |
| GS Goldman Sachs Group Inc. | 0.17% | 996 | $416K | Add +10.3% |
| OKLO Oklo Inc. filed as ALTC ACQUISITION CORP | 0.17% | 36,343 | $415K | New |
| DOW Dow Inc. | 0.17% | 7,143 | $414K | New |
| CAT Caterpillar Inc. | 0.17% | 1,121 | $411K | Reduce -7.7% |
| SWN Southwestern Energy Co. | 0.17% | 53,615 | $406K | New |
| UNP Union Pacific Corp. | 0.16% | 1,604 | $397K | Reduce -30.1% |
| PFE Pfizer Inc. | 0.16% | 13,780 | $382K | Reduce -5.5% |
| UPS United Parcel Service Class B | 0.16% | 2,561 | $381K | Add +2.5% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.16% | 3,094 | $377K | Add +1.6% |
| MET Metlife Inc. | 0.15% | 5,003 | $371K | Add +2.3% |
| PLTR Palantir Technologies Inc. Class A | 0.15% | 15,314 | $352K | Reduce -16.8% |
| JNJ Johnson & Johnson | 0.14% | 2,163 | $342K | Reduce -8.5% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.13% | 4,936 | $323K | New |
| GRMN Garmin Ltd. | 0.13% | 2,145 | $321K | Reduce -2.2% |
| BEN Franklin Templeton Inc. | 0.13% | 11,082 | $315K | Add +4.0% |
| ABBV Abbvie Inc. | 0.13% | 1,702 | $310K | Reduce -2.5% |
| GIS General Mills Inc. | 0.13% | 4,401 | $308K | Reduce -54.3% |
| KO The Coca-Cola Co. | 0.12% | 4,700 | $290K | Reduce -4.8% |
| AMSC American Superconductor Corp. | 0.11% | 20,621 | $279K | No change |
| RTX RTX Corp. | 0.11% | 2,812 | $274K | Reduce -4.4% |
| V Visa Inc. Class A | 0.11% | 973 | $272K | Add +2.9% |
| FITB Fifth Third Bancorp | 0.10% | 6,421 | $241K | Add +3.3% |
| TGT Target Corp. | 0.10% | 1,358 | $241K | New |
| TQQQ Proshares Ultrapro QQQ | 0.10% | 3,901 | $240K | Reduce -6.6% |
| BLK BlackRock Finance Inc. | 0.10% | 282 | $235K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 898 | $233K | Add +0.1% |
| HD Home Depot Inc. | 0.10% | 606 | $232K | Reduce -7.8% |
| NUE Nucor Corp. | 0.10% | 1,170 | $232K | Reduce -22.9% |
| TXT Textron Inc. | 0.10% | 2,418 | $232K | New |
| DUK Duke Energy Corp. | 0.10% | 2,390 | $231K | Add +0.0% |
| NVDA Nvidia Corp. | 0.09% | 255 | $230K | Reduce -70.9% |
| SYBT Stock Yards Bancorp Inc. | 0.09% | 4,643 | $228K | No change |
| SPLV Invesco S&P 500 Low Volatili | 0.09% | 3,404 | $224K | No change |
| MCD McDonald's Corp. | 0.09% | 795 | $224K | Reduce -7.0% |
| VOO Vanguard S&P 500 ETF | 0.09% | 460 | $221K | Reduce -17.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.09% | 511 | $215K | New |
| PGX Invesco Preferred ETF | 0.09% | 17,730 | $211K | Reduce -23.2% |
| NET Cloudflare Inc. Class A | 0.08% | 2,090 | $202K | New |
| GTX Garrett Motion Inc. | 0.07% | 16,395 | $163K | New |
| HIX Western Asset High Inc. II | 0.02% | 11,411 | $51K | New |
| DNN Denison Mines Corp. | 0.01% | 10,200 | $20K | No change |
| NGD New Gold Inc. | 0.01% | 10,000 | $17K | New |
Portfolio Sells Q4 2023 → Q1 2024
| QQQ Invesco QQQ Trust Series 1 | Reduce -33.7% | 3.74% | −2.13 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.80 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.62 |
| VGT Vanguard Info Tech ETF | Reduce -16.6% | 2.38% | −0.59 |
| VWO Vanguard Ftse Emerging Marke | Reduce -9.6% | 2.25% | −0.52 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.51 |
| CBSH Commerce Bancshares Inc. | Sold out | 0.00% | −0.33 |
| MMM 3M Co. | Sold out | 0.00% | −0.21 |
| SCHB Schwab US Broad Market ETF | Reduce -29.0% | 0.40% | −0.18 |
| IP International Paper Co. | Sold out | 0.00% | −0.17 |
| SNA Snap-on Inc. | Sold out | 0.00% | −0.17 |
| BSX Boston Scientific Corp. | Reduce -51.9% | 0.17% | −0.17 |
| GIS General Mills Inc. | Reduce -54.3% | 0.13% | −0.16 |
| INTC Intel Corp. | Sold out | 0.00% | −0.12 |
| NVDA Nvidia Corp. | Reduce -70.9% | 0.09% | −0.11 |
| UNP Union Pacific Corp. | Reduce -30.1% | 0.16% | −0.10 |
| VFH Vanguard Financials ETF | Reduce -7.5% | 0.95% | −0.10 |
| MSFT Microsoft Corp. | Reduce -11.9% | 0.65% | −0.09 |
| GDX Vaneck Gold Miners ETF | Reduce -9.4% | 0.39% | −0.09 |
| VHT Vanguard Health Care ETF | Reduce -7.6% | 0.55% | −0.07 |
| AAPL Apple Inc. | Reduce -7.8% | 0.19% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -11.8% | 0.19% | −0.06 |
| SCHX Schwab US Large-Cap ETF | Reduce -5.1% | 0.48% | −0.04 |
| PFE Pfizer Inc. | Reduce -5.5% | 0.16% | −0.04 |
| PGX Invesco Preferred ETF | Reduce -23.2% | 0.09% | −0.04 |
| AER Aercap Holdings NV | Reduce -17.2% | 0.21% | −0.04 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -2.9% | 0.18% | −0.03 |
| PEP Pepsico Inc. | Reduce -7.5% | 0.18% | −0.03 |
| JNJ Johnson & Johnson | Reduce -8.5% | 0.14% | −0.03 |
| NUE Nucor Corp. | Reduce -22.9% | 0.10% | −0.03 |
| MCD McDonald's Corp. | Reduce -7.0% | 0.09% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -17.1% | 0.09% | −0.02 |
| IVV iShares Core S&P 500 ETF | Reduce -2.8% | 0.38% | −0.02 |
| CVX Chevron Corp. | Reduce -2.2% | 0.19% | −0.02 |
| KO The Coca-Cola Co. | Reduce -4.8% | 0.12% | −0.02 |
| UBER Uber Technologies Inc. | Reduce -11.5% | 0.69% | −0.01 |
| SCHF Schwab Intl Equity ETF | Reduce -0.6% | 0.18% | −0.01 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.1% | 0.29% | −0.01 |
| HD Home Depot Inc. | Reduce -7.8% | 0.10% | −0.01 |
| GPC Genuine Parts Co. | Reduce -0.1% | 0.70% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -1.1% | 0.23% | −0.01 |
| RTX RTX Corp. | Reduce -4.4% | 0.11% | −0.00 |
| PLTR Palantir Technologies Inc. Class A | Reduce -16.8% | 0.15% | −0.00 |
| TQQQ Proshares Ultrapro QQQ | Reduce -6.6% | 0.10% | +0.00 |
| GRMN Garmin Ltd. | Reduce -2.2% | 0.13% | +0.00 |
| ABBV Abbvie Inc. | Reduce -2.5% | 0.13% | +0.00 |
| CAT Caterpillar Inc. | Reduce -7.7% | 0.17% | +0.00 |
| XOM Exxon Mobil Corp. | Reduce -1.1% | 0.22% | +0.00 |
| FAST Fastenal Co. | Reduce -0.0% | 0.32% | +0.02 |
| CMI Cummins Inc. | Reduce -1.1% | 0.23% | +0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| RSP Invesco S&P 500 Equal Weight | Add +32.2% | 13.79% | +2.81 |
| SCHD Schwab US DVD Equity ETF | Add +36.7% | 6.04% | +1.33 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +176.3% | 1.56% | +0.93 |
| GLD SPDR Gold Shares | Add +19.8% | 5.89% | +0.73 |
| TLT iShares 20+ Year Treasury BD | Add +124.8% | 1.01% | +0.48 |
| SCHA Schwab US Small-Cap ETF | Add +13.5% | 6.04% | +0.27 |
| PRU Prudential Financial Inc. | Add +166.2% | 0.38% | +0.24 |
| OXY Occidental Petroleum Corp. | New | 0.21% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +40.1% | 0.78% | +0.20 |
| OKLO Oklo Inc. | New | 0.17% | +0.17 |
| DOW Dow Inc. | New | 0.17% | +0.17 |
| SWN Southwestern Energy Co. | New | 0.17% | +0.17 |
| ARKK ARK Innovation ETF | Add +58.8% | 0.64% | +0.16 |
| ZM Zoom Communications Inc. | New | 0.13% | +0.13 |
| DIS The Walt Disney Co. | Add +12.1% | 0.51% | +0.13 |
| CLF Cleveland-Cliffs Inc. | Add +39.5% | 0.44% | +0.12 |
| TGT Target Corp. | New | 0.10% | +0.10 |
| BLK BlackRock Finance Inc. | New | 0.10% | +0.10 |
| TXT Textron Inc. | New | 0.10% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.09% | +0.09 |
| IBM Intl Business Machines Corp. | Add +9.4% | 0.72% | +0.08 |
| NET Cloudflare Inc. Class A | New | 0.08% | +0.08 |
| MU Micron Technology Inc. | Add +10.8% | 0.30% | +0.08 |
| VIS Vanguard Industrials ETF | Add +10.0% | 0.98% | +0.07 |
| VOX Vanguard Communication Servi | Add +9.2% | 0.96% | +0.07 |
| GTX Garrett Motion Inc. | New | 0.07% | +0.07 |
| AMZN Amazon.com Inc. | Add +15.3% | 0.29% | +0.05 |
| XLE SS Energy Select Sector | Add +8.8% | 0.52% | +0.04 |
| CCJ Cameco Corp. | Add +25.6% | 0.37% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +1.4% | 0.70% | +0.04 |
| META Meta Platforms Inc. Class A | Add +1.6% | 0.19% | +0.04 |
| MRK Merck & Co. Inc. | Add +9.6% | 0.20% | +0.03 |
| HIX Western Asset High Inc. II | New | 0.02% | +0.02 |
| COF Capital One Financial Corp. | Add +5.8% | 0.23% | +0.01 |
| EMR Emerson Electric Co. | Add +3.0% | 0.22% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +10.3% | 0.17% | +0.01 |
| NGD New Gold Inc. | New | 0.01% | +0.01 |
| VAW Vanguard Materials ETF | Add +7.0% | 0.31% | +0.01 |
| TROW T Rowe Price Group Inc. | Add +1.6% | 0.16% | +0.00 |
| MET Metlife Inc. | Add +2.3% | 0.15% | +0.00 |
| IEF iShares 7-10 Year Treasury B | Add +15.0% | 0.51% | +0.00 |
| FITB Fifth Third Bancorp | Add +3.3% | 0.10% | −0.00 |
| SCHV Schwab US Large-Cap Value | Add +3.7% | 0.37% | −0.00 |
| V Visa Inc. Class A | Add +2.9% | 0.11% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.10% | −0.00 |
| PG The Procter & Gamble Co. | Add +1.0% | 0.37% | −0.00 |
| VDC Vanguard Consumer Staple ETF | Add +3.8% | 0.67% | −0.01 |
| DUK Duke Energy Corp. | Add +0.0% | 0.10% | −0.01 |
| BEN Franklin Templeton Inc. | Add +4.0% | 0.13% | −0.02 |
| TXN Texas Instruments Inc. | Add +0.7% | 0.19% | −0.02 |
Options Activity Q4 2023 → Q1 2024
| AAPL Apple Inc. | call | Sold out | 600 | $116Kbefore exit |
| JNJ Johnson & Johnson | call | Sold out | 500 | $78Kbefore exit |
| INTC Intel Corp. | call | Sold out | 1,000 | $50Kbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 100 | $50Kbefore exit |
| TSLA Tesla Inc. | call | Sold out | 100 | $25Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |