Joule Financial, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 17, 2024), Joule Financial, LLC reported 107 stock positions worth $274.8 million. Its top holding was Vanguard Total Bond Market (BND) at 20.3% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 13.5%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 8.8%). Compared with Q2 2024, it opened 11 new positions, sold out of 6, added to 46 and reduced 44. The biggest buy was Schwab US DVD Equity ETF (SCHD, shares +22%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- Lexington, KY
- CIK
- 0001929070
- Portfolio Value
- $274.8M (Q3 2024)
- SEC Filing
- 0001172661-24-004300 ↗ filed Oct 17, 2024
Holdings Value
Holdings 107 stocks · $274.8M
| BND Vanguard Total Bond Market | 20.26% | 741,246 | $55.7M | Add +8.4% |
| RSP Invesco S&P 500 Equal Weight | 13.48% | 206,785 | $37.0M | Add +0.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 8.76% | 213,158 | $24.1M | Add +4.4% |
| SCHD Schwab US DVD Equity ETF | 7.09% | 230,469 | $19.5M | Add +22.4% |
| SCHA Schwab US Small-Cap ETF | 5.78% | 308,534 | $15.9M | Add +0.9% |
| IEF iShares 7-10 Year Treasury B | 5.69% | 159,475 | $15.6M | Add +24.6% |
| GLD SPDR Gold Shares | 3.63% | 41,084 | $10.0M | Reduce -13.3% |
| VEA Vanguard Ftse Developed ETF | 2.48% | 128,803 | $6.8M | Add +2.4% |
| VWO Vanguard Ftse Emerging Marke | 2.39% | 137,254 | $6.6M | Add +2.6% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 1.61% | 151,924 | $4.4M | Add +4.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.33% | 7,512 | $3.7M | Reduce -32.0% |
| TLT iShares 20+ Year Treasury BD | 1.13% | 31,601 | $3.1M | Add +46.9% |
| VDC Vanguard Consumer Staple ETF | 1.01% | 12,641 | $2.8M | Add +57.2% |
| VFH Vanguard Financials ETF | 0.97% | 24,115 | $2.7M | Reduce -22.6% |
| VOX Vanguard Communication Servi | 0.94% | 17,784 | $2.6M | Reduce -1.7% |
| VIS Vanguard Industrials ETF | 0.92% | 9,688 | $2.5M | Reduce -3.0% |
| VHT Vanguard Health Care ETF | 0.89% | 8,607 | $2.4M | Add +24.6% |
| VCR Vanguard Consumer Discre ETF | 0.83% | 6,676 | $2.3M | Add +4.5% |
| VGT Vanguard Info Tech ETF | 0.77% | 3,594 | $2.1M | Reduce -45.0% |
| VPU Vanguard Utilities ETF | 0.76% | 11,851 | $2.1M | Add +124.3% |
| TSLA Tesla Inc. | 0.74% | 7,727 | $2.0M | Add +8.7% |
| GOOGL Alphabet Inc. Class A | 0.64% | 10,636 | $1.8M | Reduce -14.2% |
| UBER Uber Technologies Inc. | 0.63% | 22,935 | $1.7M | Reduce -9.8% |
| GDX Vaneck Gold Miners ETF | 0.57% | 39,603 | $1.6M | Add +35.0% |
| XLE SS Energy Select Sector | 0.56% | 17,577 | $1.5M | Add +30.4% |
| GPC Genuine Parts Co. | 0.56% | 10,945 | $1.5M | No change |
| PAYS Paysign Inc. | 0.54% | 402,783 | $1.5M | New |
| MSFT Microsoft Corp. | 0.52% | 3,299 | $1.4M | Reduce -11.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.44% | 5,409 | $1.2M | Reduce -42.9% |
| CSCO Cisco Systems Inc. | 0.43% | 22,353 | $1.2M | Add +143.3% |
| SCHX Schwab US Large-Cap ETF | 0.41% | 16,470 | $1.1M | Reduce -11.3% |
| OKLO Oklo Inc. | 0.40% | 134,263 | $1.1M | Add +127.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 10,901 | $1.0M | Add +5.8% |
| IVV iShares Core S&P 500 ETF | 0.38% | 1,816 | $1.0M | Add +2.8% |
| FSLR First Solar Inc. | 0.37% | 4,081 | $1.0M | Add +13.2% |
| PG The Procter & Gamble Co. | 0.36% | 5,739 | $994K | Reduce -1.0% |
| PRU Prudential Financial Inc. | 0.36% | 8,105 | $981K | Reduce -0.9% |
| CCJ Cameco Corp. | 0.36% | 20,497 | $979K | Reduce -4.8% |
| SCHB Schwab US Broad Market ETF | 0.35% | 14,289 | $951K | Reduce -9.8% |
| BABA Alibaba Group Holding-SP ADR | 0.30% | 7,667 | $814K | New |
| SCHV Schwab US Large-Cap Value | 0.30% | 10,119 | $813K | Reduce -13.4% |
| AMZN Amazon.com Inc. | 0.28% | 4,113 | $766K | Reduce -4.4% |
| XOM Exxon Mobil Corp. | 0.27% | 6,347 | $744K | Add +3.8% |
| PYPL PayPal Holdings Inc. | 0.27% | 9,523 | $743K | Reduce -5.5% |
| AAPL Apple Inc. | 0.27% | 3,154 | $735K | Add +3.5% |
| JPM JPMorgan Chase & Co. | 0.26% | 3,410 | $719K | Reduce -4.6% |
| VAW Vanguard Materials ETF | 0.25% | 3,268 | $694K | Reduce -12.5% |
| SCHM Schwab US Mid Cap ETF | 0.25% | 8,257 | $686K | Reduce -1.7% |
| CMI Cummins Inc. | 0.24% | 2,028 | $657K | Reduce -0.5% |
| SPGI S&P Global Inc. | 0.23% | 1,226 | $633K | Add +0.3% |
| MU Micron Technology Inc. | 0.22% | 5,854 | $607K | Reduce -6.6% |
| TXN Texas Instruments Inc. | 0.22% | 2,888 | $597K | Reduce -6.8% |
| SCHI Schwab 5-10 Year Corporate B | 0.21% | 12,791 | $590K | Add +2.3% |
| DE Deere & Co. | 0.21% | 1,385 | $578K | Add +4.1% |
| KR Kroger Co. | 0.21% | 10,060 | $576K | New |
| COF Capital One Financial Corp. | 0.21% | 3,789 | $567K | Reduce -2.4% |
| ETD Ethan Allen Interiors Inc. | 0.21% | 17,734 | $566K | Add +11.4% |
| AER Aercap Holdings NV | 0.19% | 5,630 | $533K | Reduce -7.5% |
| EMR Emerson Electric Co. | 0.18% | 4,607 | $504K | Reduce -7.9% |
| GS Goldman Sachs Group Inc. | 0.18% | 982 | $486K | Reduce -2.0% |
| SCHF Schwab Intl Equity ETF | 0.18% | 11,786 | $485K | Add +5.9% |
| PEP Pepsico Inc. | 0.17% | 2,798 | $476K | Add +5.2% |
| CVX Chevron Corp. | 0.17% | 3,192 | $470K | Add +6.3% |
| PROSHARES SHORT S&P500 | 0.17% | 42,177 | $458K | New |
| META Meta Platforms Inc. Class A | 0.16% | 791 | $453K | Reduce -9.6% |
| CAT Caterpillar Inc. | 0.16% | 1,157 | $453K | Reduce -0.6% |
| DOW Dow Inc. | 0.16% | 8,033 | $439K | Add +8.9% |
| MRK Merck & Co. Inc. | 0.16% | 3,814 | $433K | Add +9.1% |
| MET Metlife Inc. | 0.16% | 5,248 | $433K | Reduce -0.7% |
| SCHZ Schwab US Aggregate Bond ETF | 0.16% | 9,055 | $430K | Reduce -3.5% |
| UNP Union Pacific Corp. | 0.16% | 1,741 | $429K | Add +13.9% |
| ETN Eaton Corp. PLC | 0.16% | 1,290 | $428K | Reduce -19.2% |
| OXY Occidental Petroleum Corp. | 0.15% | 8,173 | $421K | Add +3.9% |
| UPS United Parcel Service Class B | 0.14% | 2,877 | $392K | Add +5.6% |
| RTX RTX Corp. | 0.14% | 3,159 | $383K | Add +7.2% |
| JNJ Johnson & Johnson | 0.14% | 2,324 | $377K | Add +8.0% |
| ABBV Abbvie Inc. | 0.14% | 1,893 | $374K | Add +3.4% |
| KO The Coca-Cola Co. | 0.13% | 5,088 | $368K | Add +4.5% |
| LLY Eli Lilly & Co. | 0.13% | 407 | $361K | Reduce -26.1% |
| PLTR Palantir Technologies Inc. Class A | 0.13% | 9,330 | $347K | Reduce -21.7% |
| GRMN Garmin Ltd. | 0.12% | 1,923 | $338K | Reduce -11.4% |
| GIS General Mills Inc. | 0.12% | 4,481 | $331K | Reduce -4.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.12% | 2,980 | $325K | Reduce -10.9% |
| NVDA Nvidia Corp. | 0.12% | 2,618 | $318K | Reduce -17.9% |
| FITB Fifth Third Bancorp | 0.11% | 6,809 | $292K | Reduce -0.1% |
| SYBT Stock Yards Bancorp Inc. | 0.11% | 4,643 | $289K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 1,016 | $289K | Add +1.0% |
| FAST Fastenal Co. | 0.10% | 3,968 | $283K | Reduce -0.1% |
| DUK Duke Energy Corp. | 0.10% | 2,345 | $270K | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 0.10% | 505 | $267K | Add +5.9% |
| PFE Pfizer Inc. | 0.10% | 9,061 | $262K | Reduce -33.5% |
| MCD McDonald's Corp. | 0.09% | 849 | $259K | Add +3.4% |
| LMT Lockheed Martin Corp. | 0.09% | 418 | $244K | New |
| SPLV Invesco S&P 500 Low Volatili | 0.09% | 3,404 | $244K | No change |
| TGT Target Corp. | 0.09% | 1,559 | $243K | Add +12.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.09% | 523 | $241K | No change |
| V Visa Inc. Class A | 0.09% | 871 | $239K | Reduce -5.1% |
| HD Home Depot Inc. | 0.09% | 584 | $237K | New |
| PSQ Proshares Short QQQ | 0.09% | 5,925 | $234K | New |
| LOW Lowe's Cos Inc. | 0.08% | 852 | $231K | New |
Portfolio Sells Q2 2024 → Q3 2024
| QQQ Invesco QQQ Trust Series 1 | Reduce -32.0% | 1.33% | −0.83 |
| VGT Vanguard Info Tech ETF | Reduce -45.0% | 0.77% | −0.77 |
| GLD SPDR Gold Shares | Reduce -13.3% | 3.63% | −0.51 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −0.40 |
| VFH Vanguard Financials ETF | Reduce -22.6% | 0.97% | −0.30 |
| GOOGL Alphabet Inc. Class A | Reduce -14.2% | 0.64% | −0.28 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.27 |
| IBM Intl Business Machines Corp. | Reduce -42.9% | 0.44% | −0.23 |
| MSFT Microsoft Corp. | Reduce -11.2% | 0.52% | −0.16 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.15 |
| UBER Uber Technologies Inc. | Reduce -9.8% | 0.63% | −0.12 |
| BEN Franklin Templeton Inc. | Sold out | 0.00% | −0.12 |
| MU Micron Technology Inc. | Reduce -6.6% | 0.22% | −0.11 |
| AMSC American Superconductor Corp. | Sold out | 0.00% | −0.09 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.08 |
| SCHX Schwab US Large-Cap ETF | Reduce -11.3% | 0.41% | −0.08 |
| CCJ Cameco Corp. | Reduce -4.8% | 0.36% | −0.07 |
| VOX Vanguard Communication Servi | Reduce -1.7% | 0.94% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -26.1% | 0.13% | −0.07 |
| SCHB Schwab US Broad Market ETF | Reduce -9.8% | 0.35% | −0.06 |
| PFE Pfizer Inc. | Reduce -33.5% | 0.10% | −0.06 |
| AMZN Amazon.com Inc. | Reduce -4.4% | 0.28% | −0.06 |
| SCHV Schwab US Large-Cap Value | Reduce -13.4% | 0.30% | −0.06 |
| ETN Eaton Corp. PLC | Reduce -19.2% | 0.16% | −0.05 |
| NVDA Nvidia Corp. | Reduce -17.9% | 0.12% | −0.04 |
| VAW Vanguard Materials ETF | Reduce -12.5% | 0.25% | −0.04 |
| EMR Emerson Electric Co. | Reduce -7.9% | 0.18% | −0.04 |
| VIS Vanguard Industrials ETF | Reduce -3.0% | 0.92% | −0.04 |
| TROW T Rowe Price Group Inc. | Reduce -10.9% | 0.12% | −0.04 |
| AER Aercap Holdings NV | Reduce -7.5% | 0.19% | −0.04 |
| PRU Prudential Financial Inc. | Reduce -0.9% | 0.36% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -4.6% | 0.26% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -6.8% | 0.22% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -1.0% | 0.36% | −0.03 |
| GRMN Garmin Ltd. | Reduce -11.4% | 0.12% | −0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -3.5% | 0.16% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -1.7% | 0.25% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -9.6% | 0.16% | −0.01 |
| COF Capital One Financial Corp. | Reduce -2.4% | 0.21% | −0.01 |
| V Visa Inc. Class A | Reduce -5.1% | 0.09% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -2.0% | 0.18% | −0.01 |
| PGX Invesco Preferred ETF | Reduce -2.6% | 0.08% | −0.01 |
| GIS General Mills Inc. | Reduce -4.6% | 0.12% | −0.00 |
| FAST Fastenal Co. | Reduce -0.1% | 0.10% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | Reduce -21.7% | 0.13% | +0.00 |
| FITB Fifth Third Bancorp | Reduce -0.1% | 0.11% | +0.00 |
| MET Metlife Inc. | Reduce -0.7% | 0.16% | +0.01 |
| CAT Caterpillar Inc. | Reduce -0.6% | 0.16% | +0.01 |
| CMI Cummins Inc. | Reduce -0.5% | 0.24% | +0.01 |
| PYPL PayPal Holdings Inc. | Reduce -5.5% | 0.27% | +0.03 |
Portfolio Buys Q2 2024 → Q3 2024
| SCHD Schwab US DVD Equity ETF | Add +22.4% | 7.09% | +1.07 |
| IEF iShares 7-10 Year Treasury B | Add +24.6% | 5.69% | +0.82 |
| PAYS Paysign Inc. | New | 0.54% | +0.54 |
| VPU Vanguard Utilities ETF | Add +124.3% | 0.76% | +0.44 |
| VDC Vanguard Consumer Staple ETF | Add +57.2% | 1.01% | +0.34 |
| TLT iShares 20+ Year Treasury BD | Add +46.9% | 1.13% | +0.33 |
| BABA Alibaba Group Holding-SP ADR | New | 0.30% | +0.30 |
| CSCO Cisco Systems Inc. | Add +143.3% | 0.43% | +0.26 |
| BND Vanguard Total Bond Market | Add +8.4% | 20.26% | +0.24 |
| KR Kroger Co. | New | 0.21% | +0.21 |
| OKLO Oklo Inc. | Add +127.7% | 0.40% | +0.19 |
| GDX Vaneck Gold Miners ETF | Add +35.0% | 0.57% | +0.17 |
| PROSHARES SHORT S&P500 | New | 0.17% | +0.17 |
| TSLA Tesla Inc. | Add +8.7% | 0.74% | +0.16 |
| VHT Vanguard Health Care ETF | Add +24.6% | 0.89% | +0.14 |
| LMT Lockheed Martin Corp. | New | 0.09% | +0.09 |
| HD Home Depot Inc. | New | 0.09% | +0.09 |
| PSQ Proshares Short QQQ | New | 0.09% | +0.09 |
| LOW Lowe's Cos Inc. | New | 0.08% | +0.08 |
| K Kellanova | New | 0.08% | +0.08 |
| AFL Aflac Inc. | New | 0.08% | +0.08 |
| XLE SS Energy Select Sector | Add +30.4% | 0.56% | +0.06 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +4.7% | 1.61% | +0.04 |
| FSLR First Solar Inc. | Add +13.2% | 0.37% | +0.04 |
| ETD Ethan Allen Interiors Inc. | Add +11.4% | 0.21% | +0.03 |
| RTX RTX Corp. | Add +7.2% | 0.14% | +0.02 |
| VCR Vanguard Consumer Discre ETF | Add +4.5% | 0.83% | +0.02 |
| UNP Union Pacific Corp. | Add +13.9% | 0.16% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +2.6% | 2.39% | +0.01 |
| JNJ Johnson & Johnson | Add +8.0% | 0.14% | +0.01 |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | New | 0.01% | +0.01 |
| MCD McDonald's Corp. | Add +3.4% | 0.09% | +0.01 |
| OXFORD LANE CAP CORP | Add +53.5% | 0.04% | +0.01 |
| SPGI S&P Global Inc. | Add +0.3% | 0.23% | +0.01 |
| ABBV Abbvie Inc. | Add +3.4% | 0.14% | +0.01 |
| DE Deere & Co. | Add +4.1% | 0.21% | +0.01 |
| KO The Coca-Cola Co. | Add +4.5% | 0.13% | +0.01 |
| AAPL Apple Inc. | Add +3.5% | 0.27% | +0.01 |
| TGT Target Corp. | Add +12.4% | 0.09% | +0.01 |
| DUK Duke Energy Corp. | Add +0.0% | 0.10% | +0.00 |
| SCHF Schwab Intl Equity ETF | Add +5.9% | 0.18% | +0.00 |
| DOW Dow Inc. | Add +8.9% | 0.16% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +5.9% | 0.10% | 0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.0% | 0.10% | −0.00 |
| PEP Pepsico Inc. | Add +5.2% | 0.17% | −0.01 |
| UPS United Parcel Service Class B | Add +5.6% | 0.14% | −0.01 |
| SCHI Schwab 5-10 Year Corporate B | Add +2.3% | 0.21% | −0.01 |
| IVV iShares Core S&P 500 ETF | Add +2.8% | 0.38% | −0.01 |
| XOM Exxon Mobil Corp. | Add +3.8% | 0.27% | −0.02 |
| MRK Merck & Co. Inc. | Add +9.1% | 0.16% | −0.02 |
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 |