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

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $242.8M Q1 2024 Q2 2024: $246.0M $246.0M Q2 2024 Q3 2024: $274.8M Q3 2024 Q4 2024: $282.9M Q4 2024 Q1 2025: $284.9M Q1 2025 Q2 2025: $308.0M Q2 2025 Q3 2025: $333.8M Q3 2025 Q4 2025: $333.8M Q4 2025 Q1 2026: $343.3M Q1 2026 Q2 2026: $368.8M Q2 2026

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
DNN Denison Mines Corp. 0.01% 10,200 $20K No change
NGD New Gold Inc. 0.01% 10,000 $20K No change

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 116$368.8MBND, RSP, IEF, LQD, SCHA
Q1 2026 114$343.3MBND, RSP, IEF, LQD, SCHD
Q4 2025 109$333.8MBND, RSP, LQD, IEF, SCHA
Q3 2025 114$333.8MBND, RSP, LQD, IEF, SCHA
Q2 2025 108$308.0MBND, RSP, LQD, SCHA, SCHD
Q1 2025 103$284.9MBND, RSP, LQD, SCHD, IEF
Q4 2024 108$282.9MBND, RSP, LQD, SCHD, SCHA
Q3 2024 107$274.8MBND, RSP, LQD, SCHD, SCHA
Q2 2024Amended 102$246.0MBND, RSP, LQD, SCHD, SCHA
Q1 2024Amended 106$242.8MBND, RSP, LQD, SCHD, SCHA