Joule Financial, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed October 17, 2024), Joule Financial, LLC reported 102 stock positions worth $246.0 million. Its top holding was Vanguard Total Bond Market (BND) at 20.0% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 13.7%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 8.9%). Compared with Q1 2024, it opened 7 new positions, sold out of 11, added to 56 and reduced 29. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +888%) and the biggest sale SPDR Gold Shares (GLD, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- Lexington, KY
- CIK
- 0001929070
- Portfolio Value
- $246.0M (Q2 2024)
- SEC Filing
- 0001172661-24-004299 ↗ filed Oct 17, 2024
Holdings Value
Holdings 102 stocks · $246.0M
| BND Vanguard Total Bond Market | 20.02% | 683,460 | $49.2M | Add +2.7% |
| RSP Invesco S&P 500 Equal Weight | 13.72% | 205,444 | $33.8M | Add +3.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 8.89% | 204,215 | $21.9M | Add +0.6% |
| SCHD Schwab US DVD Equity ETF | 6.02% | 188,323 | $14.8M | Add +3.6% |
| SCHA Schwab US Small-Cap ETF | 5.92% | 305,864 | $14.6M | Add +2.8% |
| IEF iShares 7-10 Year Treasury B | 4.87% | 128,023 | $12.0M | Add +888.0% |
| GLD SPDR Gold Shares | 4.14% | 47,393 | $10.2M | Reduce -31.9% |
| VEA Vanguard Ftse Developed ETF | 2.53% | 125,776 | $6.2M | Add +2.5% |
| VWO Vanguard Ftse Emerging Marke | 2.38% | 133,765 | $5.9M | Add +2.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.16% | 11,055 | $5.3M | Reduce -46.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 1.57% | 145,168 | $3.9M | Reduce -3.2% |
| VGT Vanguard Info Tech ETF | 1.53% | 6,539 | $3.8M | Reduce -40.6% |
| VFH Vanguard Financials ETF | 1.27% | 31,140 | $3.1M | Add +38.2% |
| VOX Vanguard Communication Servi | 1.02% | 18,088 | $2.5M | Add +1.9% |
| VIS Vanguard Industrials ETF | 0.96% | 9,989 | $2.4M | Add +2.7% |
| GOOGL Alphabet Inc. Class A | 0.92% | 12,402 | $2.3M | Reduce -0.8% |
| VCR Vanguard Consumer Discre ETF | 0.81% | 6,391 | $2.0M | Add +1.0% |
| TLT iShares 20+ Year Treasury BD | 0.80% | 21,509 | $2.0M | Reduce -16.7% |
| UBER Uber Technologies Inc. | 0.75% | 25,432 | $1.8M | Add +16.8% |
| VHT Vanguard Health Care ETF | 0.75% | 6,910 | $1.8M | Add +39.2% |
| MSFT Microsoft Corp. | 0.68% | 3,715 | $1.7M | Reduce -0.4% |
| VDC Vanguard Consumer Staple ETF | 0.67% | 8,042 | $1.6M | Add +0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.67% | 9,467 | $1.6M | Add +2.7% |
| GPC Genuine Parts Co. | 0.62% | 10,945 | $1.5M | No change |
| TSLA Tesla Inc. | 0.57% | 7,107 | $1.4M | New |
| XLE SS Energy Select Sector | 0.50% | 13,484 | $1.2M | Add +1.7% |
| SCHX Schwab US Large-Cap ETF | 0.49% | 18,571 | $1.2M | Reduce -1.4% |
| CCJ Cameco Corp. | 0.43% | 21,526 | $1.1M | Add +3.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.42% | 10,308 | $1.0M | Add +2.2% |
| SCHB Schwab US Broad Market ETF | 0.41% | 15,840 | $999K | Reduce -1.5% |
| GDX Vaneck Gold Miners ETF | 0.40% | 29,337 | $995K | Reduce -2.7% |
| ARKK ARK Innovation ETF | 0.40% | 22,581 | $992K | Reduce -27.5% |
| IVV iShares Core S&P 500 ETF | 0.39% | 1,767 | $967K | No change |
| PRU Prudential Financial Inc. | 0.39% | 8,183 | $959K | Add +5.1% |
| PG The Procter & Gamble Co. | 0.39% | 5,795 | $956K | Add +4.5% |
| SCHV Schwab US Large-Cap Value | 0.35% | 11,687 | $871K | Reduce -1.3% |
| AMZN Amazon.com Inc. | 0.34% | 4,304 | $832K | Add +9.4% |
| MU Micron Technology Inc. | 0.34% | 6,267 | $824K | Add +1.4% |
| FSLR First Solar Inc. | 0.33% | 3,604 | $813K | New |
| VPU Vanguard Utilities ETF | 0.32% | 5,284 | $788K | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.29% | 3,576 | $723K | Reduce -58.0% |
| VAW Vanguard Materials ETF | 0.29% | 3,736 | $723K | Add +1.0% |
| XOM Exxon Mobil Corp. | 0.29% | 6,113 | $704K | Add +33.0% |
| COST Costco Wholesale Corp. | 0.27% | 778 | $661K | No change |
| SCHM Schwab US Mid Cap ETF | 0.27% | 8,397 | $656K | Reduce -1.9% |
| AAPL Apple Inc. | 0.26% | 3,046 | $642K | Add +10.8% |
| TXN Texas Instruments Inc. | 0.25% | 3,099 | $603K | Add +17.1% |
| PYPL PayPal Holdings Inc. | 0.24% | 10,077 | $585K | New |
| AER Aercap Holdings NV | 0.23% | 6,084 | $567K | Add +1.4% |
| CMI Cummins Inc. | 0.23% | 2,038 | $564K | Add +5.3% |
| SCHI Schwab 5-10 Year Corporate B | 0.22% | 12,507 | $552K | No change |
| EMR Emerson Electric Co. | 0.22% | 5,001 | $551K | Add +4.1% |
| SPGI S&P Global Inc. | 0.22% | 1,222 | $545K | No change |
| COF Capital One Financial Corp. | 0.22% | 3,882 | $537K | Add +2.2% |
| ETN Eaton Corp. PLC | 0.20% | 1,597 | $501K | Reduce -2.0% |
| OKLO Oklo Inc. | 0.20% | 58,973 | $500K | Add +62.3% |
| DE Deere & Co. | 0.20% | 1,330 | $499K | New |
| LLY Eli Lilly & Co. | 0.20% | 551 | $499K | No change |
| OXY Occidental Petroleum Corp. | 0.20% | 7,863 | $497K | Add +2.5% |
| CVX Chevron Corp. | 0.19% | 3,002 | $470K | Add +5.2% |
| GS Goldman Sachs Group Inc. | 0.18% | 1,002 | $453K | Add +0.6% |
| ETD Ethan Allen Interiors Inc. | 0.18% | 15,916 | $444K | New |
| META Meta Platforms Inc. Class A | 0.18% | 875 | $441K | Reduce -7.1% |
| PEP Pepsico Inc. | 0.18% | 2,659 | $439K | Add +5.7% |
| CSCO Cisco Systems Inc. | 0.18% | 9,189 | $437K | Reduce -1.9% |
| MRK Merck & Co. Inc. | 0.18% | 3,496 | $436K | Reduce -2.1% |
| SCHF Schwab Intl Equity ETF | 0.18% | 11,129 | $432K | Reduce -1.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.17% | 9,382 | $428K | Reduce -1.6% |
| NVDA Nvidia Corp. | 0.16% | 3,189 | $394K | Add +25.1% |
| DOW Dow Inc. | 0.16% | 7,373 | $391K | Add +3.2% |
| CAT Caterpillar Inc. | 0.16% | 1,164 | $388K | Add +3.8% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.16% | 3,345 | $386K | Add +8.1% |
| PFE Pfizer Inc. | 0.15% | 13,631 | $381K | Reduce -1.1% |
| SWN Southwestern Energy Co. | 0.15% | 55,421 | $373K | Add +3.4% |
| UPS United Parcel Service Class B | 0.15% | 2,724 | $373K | Add +6.4% |
| MET Metlife Inc. | 0.15% | 5,284 | $371K | Add +5.6% |
| GRMN Garmin Ltd. | 0.14% | 2,171 | $354K | Add +1.2% |
| UNP Union Pacific Corp. | 0.14% | 1,529 | $346K | Reduce -4.7% |
| JNJ Johnson & Johnson | 0.13% | 2,151 | $314K | Reduce -0.6% |
| ABBV Abbvie Inc. | 0.13% | 1,831 | $314K | Add +7.6% |
| KO The Coca-Cola Co. | 0.13% | 4,867 | $312K | Add +3.5% |
| PLTR Palantir Technologies Inc. Class A | 0.12% | 11,918 | $302K | Reduce -22.2% |
| GIS General Mills Inc. | 0.12% | 4,695 | $297K | Add +6.7% |
| BEN Franklin Templeton Inc. | 0.12% | 13,070 | $296K | Add +17.9% |
| RTX RTX Corp. | 0.12% | 2,946 | $296K | Add +4.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.11% | 1,006 | $270K | Add +12.0% |
| FITB Fifth Third Bancorp | 0.10% | 6,814 | $251K | Add +6.1% |
| FAST Fastenal Co. | 0.10% | 3,972 | $250K | Reduce -60.0% |
| V Visa Inc. Class A | 0.10% | 918 | $241K | Reduce -5.7% |
| VOO Vanguard S&P 500 ETF | 0.10% | 477 | $239K | Add +3.7% |
| DUK Duke Energy Corp. | 0.10% | 2,344 | $235K | Reduce -1.9% |
| SYBT Stock Yards Bancorp Inc. | 0.09% | 4,643 | $232K | No change |
| AMSC American Superconductor Corp. | 0.09% | 9,654 | $226K | Reduce -53.2% |
| SPLV Invesco S&P 500 Low Volatili | 0.09% | 3,404 | $221K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.09% | 523 | $213K | Add +2.4% |
| MCD McDonald's Corp. | 0.09% | 821 | $209K | Add +3.3% |
| TGT Target Corp. | 0.08% | 1,387 | $205K | Add +2.1% |
| PGX Invesco Preferred ETF | 0.08% | 17,680 | $204K | Reduce -0.3% |
| KMB Kimberly-Clark Corp. | 0.08% | 1,454 | $203K | New |
| OXFORD LANE CAP CORP | 0.03% | 12,231 | $66K | New |
Portfolio Sells Q1 2024 → Q2 2024
| GLD SPDR Gold Shares | Reduce -31.9% | 4.14% | −1.75 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -46.0% | 2.16% | −1.59 |
| VGT Vanguard Info Tech ETF | Reduce -40.6% | 1.53% | −0.84 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.44 |
| JPM JPMorgan Chase & Co. | Reduce -58.0% | 0.29% | −0.41 |
| ARKK ARK Innovation ETF | Reduce -27.5% | 0.40% | −0.24 |
| FAST Fastenal Co. | Reduce -60.0% | 0.10% | −0.21 |
| TLT iShares 20+ Year Treasury BD | Reduce -16.7% | 0.80% | −0.20 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.17 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −0.13 |
| TQQQ Proshares Ultrapro QQQ | Sold out | 0.00% | −0.10 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.10 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.10 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.10 |
| TXT Textron Inc. | Sold out | 0.00% | −0.10 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.08 |
| GTX Garrett Motion Inc. | Sold out | 0.00% | −0.07 |
| AMSC American Superconductor Corp. | Reduce -53.2% | 0.09% | −0.02 |
| UNP Union Pacific Corp. | Reduce -4.7% | 0.14% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Reduce -22.2% | 0.12% | −0.02 |
| HIX Western Asset High Inc. II | Sold out | 0.00% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -1.9% | 0.27% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -2.1% | 0.18% | −0.02 |
| SCHV Schwab US Large-Cap Value | Reduce -1.3% | 0.35% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -1.9% | 0.18% | −0.01 |
| V Visa Inc. Class A | Reduce -5.7% | 0.10% | −0.01 |
| JNJ Johnson & Johnson | Reduce -0.6% | 0.13% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -7.1% | 0.18% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -2.0% | 0.20% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -1.6% | 0.17% | −0.01 |
| SCHF Schwab Intl Equity ETF | Reduce -1.1% | 0.18% | −0.01 |
| PGX Invesco Preferred ETF | Reduce -0.3% | 0.08% | −0.00 |
| PFE Pfizer Inc. | Reduce -1.1% | 0.15% | −0.00 |
| DUK Duke Energy Corp. | Reduce -1.9% | 0.10% | +0.00 |
| SCHB Schwab US Broad Market ETF | Reduce -1.5% | 0.41% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.4% | 0.49% | +0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -3.2% | 1.57% | +0.01 |
| GDX Vaneck Gold Miners ETF | Reduce -2.7% | 0.40% | +0.01 |
| MSFT Microsoft Corp. | Reduce -0.4% | 0.68% | +0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -0.8% | 0.92% | +0.14 |
Portfolio Buys Q1 2024 → Q2 2024
| IEF iShares 7-10 Year Treasury B | Add +888.0% | 4.87% | +4.37 |
| TSLA Tesla Inc. | New | 0.57% | +0.57 |
| FSLR First Solar Inc. | New | 0.33% | +0.33 |
| VFH Vanguard Financials ETF | Add +38.2% | 1.27% | +0.32 |
| PYPL PayPal Holdings Inc. | New | 0.24% | +0.24 |
| DE Deere & Co. | New | 0.20% | +0.20 |
| VHT Vanguard Health Care ETF | Add +39.2% | 0.75% | +0.20 |
| ETD Ethan Allen Interiors Inc. | New | 0.18% | +0.18 |
| VWO Vanguard Ftse Emerging Marke | Add +2.2% | 2.38% | +0.13 |
| BND Vanguard Total Bond Market | Add +2.7% | 20.02% | +0.11 |
| KMB Kimberly-Clark Corp. | New | 0.08% | +0.08 |
| AAPL Apple Inc. | Add +10.8% | 0.26% | +0.07 |
| XOM Exxon Mobil Corp. | Add +33.0% | 0.29% | +0.07 |
| NVDA Nvidia Corp. | Add +25.1% | 0.16% | +0.07 |
| UBER Uber Technologies Inc. | Add +16.8% | 0.75% | +0.06 |
| CCJ Cameco Corp. | Add +3.7% | 0.43% | +0.06 |
| VOX Vanguard Communication Servi | Add +1.9% | 1.02% | +0.06 |
| TXN Texas Instruments Inc. | Add +17.1% | 0.25% | +0.06 |
| AMZN Amazon.com Inc. | Add +9.4% | 0.34% | +0.05 |
| MU Micron Technology Inc. | Add +1.4% | 0.34% | +0.03 |
| OKLO Oklo Inc. | Add +62.3% | 0.20% | +0.03 |
| OXFORD LANE CAP CORP | New | 0.03% | +0.03 |
| PG The Procter & Gamble Co. | Add +4.5% | 0.39% | +0.02 |
| AER Aercap Holdings NV | Add +1.4% | 0.23% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +12.0% | 0.11% | +0.01 |
| PRU Prudential Financial Inc. | Add +5.1% | 0.39% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +0.6% | 0.18% | +0.01 |
| GRMN Garmin Ltd. | Add +1.2% | 0.14% | +0.01 |
| VPU Vanguard Utilities ETF | Add +0.4% | 0.32% | +0.01 |
| KO The Coca-Cola Co. | Add +3.5% | 0.13% | +0.01 |
| RTX RTX Corp. | Add +4.8% | 0.12% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +3.7% | 0.10% | +0.01 |
| CVX Chevron Corp. | Add +5.2% | 0.19% | +0.01 |
| FITB Fifth Third Bancorp | Add +6.1% | 0.10% | +0.00 |
| TROW T Rowe Price Group Inc. | Add +8.1% | 0.16% | +0.00 |
| ABBV Abbvie Inc. | Add +7.6% | 0.13% | 0.00 |
| EMR Emerson Electric Co. | Add +4.1% | 0.22% | −0.00 |
| VDC Vanguard Consumer Staple ETF | Add +0.9% | 0.67% | −0.00 |
| MET Metlife Inc. | Add +5.6% | 0.15% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.4% | 0.09% | −0.00 |
| OXY Occidental Petroleum Corp. | Add +2.5% | 0.20% | −0.00 |
| PEP Pepsico Inc. | Add +5.7% | 0.18% | −0.00 |
| UPS United Parcel Service Class B | Add +6.4% | 0.15% | −0.01 |
| CMI Cummins Inc. | Add +5.3% | 0.23% | −0.01 |
| GIS General Mills Inc. | Add +6.7% | 0.12% | −0.01 |
| MCD McDonald's Corp. | Add +3.3% | 0.09% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Add +2.5% | 2.53% | −0.01 |
| BEN Franklin Templeton Inc. | Add +17.9% | 0.12% | −0.01 |
| DOW Dow Inc. | Add +3.2% | 0.16% | −0.01 |
| CAT Caterpillar Inc. | Add +3.8% | 0.16% | −0.01 |
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 |