Joule Financial, LLC

Name: Joule Financial, LLC 13F holdings, Q4 2024
Creator: Joule Financial, LLC
Published: 2025-01-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 15, 2025), Joule Financial, LLC reported 108 stock positions worth $282.9 million. Its top holding was Vanguard Total Bond Market (BND) at 20.2% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 13.3%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 8.7%). Compared with Q3 2024, it opened 9 new positions, sold out of 8, added to 60 and reduced 32. The biggest buy was Exxon Mobil (XOM, shares +157%) and the biggest sale an exit from Capital One Financial (COF).

Most Recent 13F: Q2 2026
Location: Lexington, KY
CIK: 0001929070
Portfolio Value: $282.9M (Q4 2024)
SEC Filing: 0001172661-25-000201 ↗ filed Jan 15, 2025

Holdings Value

Holdings 108 stocks · $282.9M


BND Vanguard Total Bond Market	20.21%	795,057	$57.2M	Add +7.3%
RSP Invesco S&P 500 Equal Weight	13.32%	215,000	$37.7M	Add +4.0%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	8.67%	229,532	$24.5M	Add +7.7%
SCHD Schwab US DVD Equity ETF	7.07%	732,390	$20.0M	Add +5.9%
SCHA Schwab US Small-Cap ETF	6.10%	667,432	$17.3M	Add +8.2%
IEF iShares 7-10 Year Treasury B	5.36%	163,978	$15.2M	Add +2.8%
GLD SPDR Gold Shares	3.64%	42,565	$10.3M	Add +3.6%
VEA Vanguard Ftse Developed ETF	2.28%	134,896	$6.5M	Add +4.7%
VWO Vanguard Ftse Emerging Marke	2.25%	144,229	$6.4M	Add +5.1%
SCHE Schwab Emrg Mrkts Eqty ETF	1.47%	156,168	$4.2M	Add +2.8%
QQQ Invesco QQQ Trust Series 1	1.35%	7,469	$3.8M	Reduce -0.6%
TSLA Tesla Inc.	1.09%	7,649	$3.1M	Reduce -1.0%
VFH Vanguard Financials ETF	1.05%	25,044	$3.0M	Add +3.9%
VOX Vanguard Communication Servi	1.03%	18,838	$2.9M	Add +5.9%
VDC Vanguard Consumer Staple ETF	1.01%	13,483	$2.9M	Add +6.7%
TLT iShares 20+ Year Treasury BD	0.96%	31,060	$2.7M	Reduce -1.7%
VIS Vanguard Industrials ETF	0.92%	10,267	$2.6M	Add +6.0%
VCR Vanguard Consumer Discre ETF	0.89%	6,705	$2.5M	Add +0.4%
GOOGL Alphabet Inc. Class A	0.87%	13,028	$2.5M	Add +22.5%
VGT Vanguard Info Tech ETF	0.83%	3,761	$2.3M	Add +4.7%
VHT Vanguard Health Care ETF	0.82%	9,184	$2.3M	Add +6.7%
XLE SS Energy Select Sector	0.82%	27,045	$2.3M	Add +53.9%
VPU Vanguard Utilities ETF	0.74%	12,750	$2.1M	Add +7.6%
OKLO Oklo Inc.	0.69%	92,460	$2.0M	Reduce -31.1%
XOM Exxon Mobil Corp.	0.62%	16,337	$1.8M	Add +157.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.59%	7,569	$1.7M	Add +39.9%
GDX Vaneck Gold Miners ETF	0.56%	46,639	$1.6M	Add +17.8%
UBER Uber Technologies Inc.	0.50%	23,664	$1.4M	Add +3.2%
GPC Genuine Parts Co.	0.46%	10,945	$1.3M	No change
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.45%	11,389	$1.3M	Add +4.5%
CCJ Cameco Corp.	0.44%	24,175	$1.2M	Add +17.9%
PAYS Paysign Inc.	0.43%	400,969	$1.2M	Reduce -0.5%
CSCO Cisco Systems Inc.	0.42%	20,171	$1.2M	Reduce -9.8%
IVV iShares Core S&P 500 ETF	0.41%	1,988	$1.2M	Add +9.5%
SCHX Schwab US Large-Cap ETF	0.40%	48,718	$1.1M	Reduce -1.4%
MSFT Microsoft Corp.	0.39%	2,614	$1.1M	Reduce -20.8%
PRU Prudential Financial Inc.	0.35%	8,398	$995K	Add +3.6%
PG The Procter & Gamble Co.	0.35%	5,845	$980K	Add +1.9%
SCHV Schwab US Large-Cap Value	0.34%	36,996	$964K	Add +21.9%
SCHB Schwab US Broad Market ETF	0.34%	42,025	$954K	Reduce -2.0%
AMZN Amazon.com Inc.	0.32%	4,076	$894K	Reduce -0.9%
JPM JPMorgan Chase & Co.	0.31%	3,600	$863K	Add +5.6%
AAPL Apple Inc.	0.30%	3,343	$837K	Add +6.0%
PYPL PayPal Holdings Inc.	0.26%	8,581	$732K	Reduce -9.9%
DE Deere & Co.	0.26%	1,727	$732K	Add +24.7%
CMI Cummins Inc.	0.25%	2,028	$707K	No change
SCHM Schwab US Mid Cap ETF	0.24%	24,577	$681K	Reduce -0.8%
BABA Alibaba Group Holding-SP ADR	0.23%	7,807	$662K	Add +1.8%
KR Kroger Co.	0.23%	10,698	$654K	Add +6.3%
VAW Vanguard Materials ETF	0.23%	3,407	$640K	Add +4.3%
SPGI S&P Global Inc.	0.22%	1,233	$614K	Add +0.6%
FSLR First Solar Inc.	0.20%	3,281	$578K	Reduce -19.6%
EMR Emerson Electric Co.	0.20%	4,619	$572K	Add +0.3%
SCHI Schwab 5-10 Year Corporate B	0.20%	25,582	$565K	No change
TXN Texas Instruments Inc.	0.19%	2,935	$550K	Add +1.6%
AER Aercap Holdings NV	0.19%	5,499	$526K	Reduce -2.3%
KVUE Kenvue Inc.	0.18%	24,474	$523K	New
SCHF Schwab Intl Equity ETF	0.18%	27,743	$513K	Add +17.7%
OXY Occidental Petroleum Corp.	0.17%	9,595	$474K	Add +17.4%
CVX Chevron Corp.	0.17%	3,254	$471K	Add +1.9%
SNOW Snowflake Inc.	0.17%	3,031	$468K	New
MU Micron Technology Inc.	0.16%	5,541	$466K	Reduce -5.3%
META Meta Platforms Inc. Class A	0.15%	742	$435K	Reduce -6.2%
MET Metlife Inc.	0.15%	5,267	$431K	Add +0.4%
PEP Pepsico Inc.	0.15%	2,819	$429K	Add +0.8%
ETN Eaton Corp. PLC	0.15%	1,272	$422K	Reduce -1.4%
CAT Caterpillar Inc.	0.15%	1,154	$419K	Reduce -0.3%
SCHZ Schwab US Aggregate Bond ETF	0.14%	17,800	$404K	Reduce -1.7%
UNP Union Pacific Corp.	0.14%	1,765	$402K	Add +1.4%
GRMN Garmin Ltd.	0.14%	1,930	$398K	Add +0.4%
RTX RTX Corp.	0.13%	3,256	$377K	Add +3.1%
MRK Merck & Co. Inc.	0.13%	3,696	$368K	Reduce -3.1%
BE Bloom Energy Corp. Class A	0.12%	15,651	$348K	New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.12%	2,987	$338K	Add +0.2%
SYBT Stock Yards Bancorp Inc.	0.12%	4,643	$332K	No change
JNJ Johnson & Johnson	0.12%	2,296	$332K	Reduce -1.2%
UPS United Parcel Service Class B	0.12%	2,617	$330K	Reduce -9.0%
SCHO Schwab Short-Term US Treas	0.12%	13,695	$330K	New
KO The Coca-Cola Co.	0.11%	5,119	$319K	Add +0.6%
GS Goldman Sachs Group Inc.	0.11%	546	$313K	Reduce -44.4%
FAST Fastenal Co.	0.11%	4,191	$301K	Add +5.6%
ABBV Abbvie Inc.	0.11%	1,686	$300K	Reduce -10.9%
VTI VG Morningstar TS MKT ETF-US	0.10%	1,024	$297K	Add +0.8%
GIS General Mills Inc.	0.10%	4,608	$294K	Add +2.8%
FITB Fifth Third Bancorp	0.10%	6,864	$290K	Add +0.8%
VOO Vanguard S&P 500 ETF	0.09%	498	$268K	Reduce -1.4%
NVDA Nvidia Corp.	0.09%	1,981	$266K	Reduce -24.3%
FXI iShares China Large-Cap ETF	0.09%	8,405	$256K	New
V Visa Inc. Class A	0.09%	809	$256K	Reduce -7.1%
DUK Duke Energy Corp.	0.09%	2,344	$253K	Reduce -0.0%
LOW Lowe's Cos Inc.	0.09%	1,015	$251K	Add +19.1%
MCD McDonald's Corp.	0.09%	851	$247K	Add +0.2%
HD Home Depot Inc.	0.08%	594	$231K	Add +1.7%
GME Gamestop Corp. Class A	0.08%	7,301	$229K	New
BRK.B Berkshire Hathaway Inc. Class B	0.08%	499	$226K	Reduce -4.6%
TGT Target Corp.	0.08%	1,672	$226K	Add +7.3%
PLTR Palantir Technologies Inc. Class A	0.08%	2,979	$225K	Reduce -68.1%
PFE Pfizer Inc.	0.08%	8,459	$224K	Reduce -6.6%
AFL Aflac Inc.	0.08%	2,157	$223K	Add +14.6%
LLY Eli Lilly & Co.	0.08%	288	$222K	Reduce -29.2%
K Kellanova	0.08%	2,674	$217K	No change
WMT Walmart Inc.	0.08%	2,354	$213K	New
BLK BlackRock Inc.	0.07%	206	$211K	New
LMT Lockheed Martin Corp.	0.07%	427	$207K	Add +2.1%
SNA Snap-on Inc.	0.07%	596	$202K	New
PGX Invesco Preferred ETF	0.07%	17,385	$200K	Add +1.0%
OXFORD LANE CAP CORP	0.03%	18,773	$95K	No change
WISDOMTREE INVESTMENTS (WT 3.25 06/15/26)	0.01%	23,000	$26K	No change

Portfolio Sells Q3 2024 → Q4 2024


COF Capital One Financial Corp.	Sold out	0.00%	−0.21
ETD Ethan Allen Interiors Inc.	Sold out	0.00%	−0.21
TLT iShares 20+ Year Treasury BD	Reduce -1.7%	0.96%	−0.17
PROSHARES SHORT S&P500	Sold out	0.00%	−0.17
FSLR First Solar Inc.	Reduce -19.6%	0.20%	−0.17
DOW Dow Inc.	Sold out	0.00%	−0.16
MSFT Microsoft Corp.	Reduce -20.8%	0.39%	−0.13
PAYS Paysign Inc.	Reduce -0.5%	0.43%	−0.11
SPLV Invesco S&P 500 Low Volatili	Sold out	0.00%	−0.09
PSQ Proshares Short QQQ	Sold out	0.00%	−0.09
GS Goldman Sachs Group Inc.	Reduce -44.4%	0.11%	−0.07
MU Micron Technology Inc.	Reduce -5.3%	0.16%	−0.06
LLY Eli Lilly & Co.	Reduce -29.2%	0.08%	−0.05
PLTR Palantir Technologies Inc. Class A	Reduce -68.1%	0.08%	−0.05
ABBV Abbvie Inc.	Reduce -10.9%	0.11%	−0.03
MRK Merck & Co. Inc.	Reduce -3.1%	0.13%	−0.03
UPS United Parcel Service Class B	Reduce -9.0%	0.12%	−0.03
NVDA Nvidia Corp.	Reduce -24.3%	0.09%	−0.02
JNJ Johnson & Johnson	Reduce -1.2%	0.12%	−0.02
CAT Caterpillar Inc.	Reduce -0.3%	0.15%	−0.02
PFE Pfizer Inc.	Reduce -6.6%	0.08%	−0.02
SCHZ Schwab US Aggregate Bond ETF	Reduce -1.7%	0.14%	−0.01
PYPL PayPal Holdings Inc.	Reduce -9.9%	0.26%	−0.01
META Meta Platforms Inc. Class A	Reduce -6.2%	0.15%	−0.01
CSCO Cisco Systems Inc.	Reduce -9.8%	0.42%	−0.01
NGD New Gold Inc.	Sold out	0.00%	−0.01
DUK Duke Energy Corp.	Reduce -0.0%	0.09%	−0.01
SCHM Schwab US Mid Cap ETF	Reduce -0.8%	0.24%	−0.01
SCHB Schwab US Broad Market ETF	Reduce -2.0%	0.34%	−0.01
AER Aercap Holdings NV	Reduce -2.3%	0.19%	−0.01
BRK.B Berkshire Hathaway Inc. Class B	Reduce -4.6%	0.08%	−0.01
SCHX Schwab US Large-Cap ETF	Reduce -1.4%	0.40%	−0.01
DNN Denison Mines Corp.	Sold out	0.00%	−0.01
ETN Eaton Corp. PLC	Reduce -1.4%	0.15%	−0.01
VOO Vanguard S&P 500 ETF	Reduce -1.4%	0.09%	−0.00
V Visa Inc. Class A	Reduce -7.1%	0.09%	+0.00
QQQ Invesco QQQ Trust Series 1	Reduce -0.6%	1.35%	+0.02
AMZN Amazon.com Inc.	Reduce -0.9%	0.32%	+0.04
OKLO Oklo Inc.	Reduce -31.1%	0.69%	+0.30
TSLA Tesla Inc.	Reduce -1.0%	1.09%	+0.36

Portfolio Buys Q3 2024 → Q4 2024


XOM Exxon Mobil Corp.	Add +157.4%	0.62%	+0.35
SCHA Schwab US Small-Cap ETF	Add +8.2%	6.10%	+0.32
XLE SS Energy Select Sector	Add +53.9%	0.82%	+0.26
GOOGL Alphabet Inc. Class A	Add +22.5%	0.87%	+0.23
KVUE Kenvue Inc.	New	0.18%	+0.18
SNOW Snowflake Inc.	New	0.17%	+0.17
IBM Intl Business Machines Corp.	Add +39.9%	0.59%	+0.15
BE Bloom Energy Corp. Class A	New	0.12%	+0.12
SCHO Schwab Short-Term US Treas	New	0.12%	+0.12
FXI iShares China Large-Cap ETF	New	0.09%	+0.09
VOX Vanguard Communication Servi	Add +5.9%	1.03%	+0.09
CCJ Cameco Corp.	Add +17.9%	0.44%	+0.08
GME Gamestop Corp. Class A	New	0.08%	+0.08
VFH Vanguard Financials ETF	Add +3.9%	1.05%	+0.08
WMT Walmart Inc.	New	0.08%	+0.08
BLK BlackRock Inc.	New	0.07%	+0.07
SNA Snap-on Inc.	New	0.07%	+0.07
DIS The Walt Disney Co.	Add +4.5%	0.45%	+0.07
VCR Vanguard Consumer Discre ETF	Add +0.4%	0.89%	+0.06
VGT Vanguard Info Tech ETF	Add +4.7%	0.83%	+0.06
DE Deere & Co.	Add +24.7%	0.26%	+0.05
SCHV Schwab US Large-Cap Value	Add +21.9%	0.34%	+0.04
JPM JPMorgan Chase & Co.	Add +5.6%	0.31%	+0.04
IVV iShares Core S&P 500 ETF	Add +9.5%	0.41%	+0.03
AAPL Apple Inc.	Add +6.0%	0.30%	+0.03
KR Kroger Co.	Add +6.3%	0.23%	+0.02
EMR Emerson Electric Co.	Add +0.3%	0.20%	+0.02
GRMN Garmin Ltd.	Add +0.4%	0.14%	+0.02
OXY Occidental Petroleum Corp.	Add +17.4%	0.17%	+0.01
GLD SPDR Gold Shares	Add +3.6%	3.64%	+0.01
SCHF Schwab Intl Equity ETF	Add +17.7%	0.18%	+0.01
LOW Lowe's Cos Inc.	Add +19.1%	0.09%	+0.00
VIS Vanguard Industrials ETF	Add +6.0%	0.92%	+0.00
FAST Fastenal Co.	Add +5.6%	0.11%	+0.00
AFL Aflac Inc.	Add +14.6%	0.08%	+0.00
TROW T Rowe Price Group Inc.	Add +0.2%	0.12%	+0.00
VTI VG Morningstar TS MKT ETF-US	Add +0.8%	0.10%	−0.00
FITB Fifth Third Bancorp	Add +0.8%	0.10%	−0.00
VDC Vanguard Consumer Staple ETF	Add +6.7%	1.01%	−0.00
HD Home Depot Inc.	Add +1.7%	0.08%	−0.00
CVX Chevron Corp.	Add +1.9%	0.17%	−0.00
MET Metlife Inc.	Add +0.4%	0.15%	−0.01
PRU Prudential Financial Inc.	Add +3.6%	0.35%	−0.01
RTX RTX Corp.	Add +3.1%	0.13%	−0.01
PGX Invesco Preferred ETF	Add +1.0%	0.07%	−0.01
MCD McDonald's Corp.	Add +0.2%	0.09%	−0.01
TGT Target Corp.	Add +7.3%	0.08%	−0.01
SPGI S&P Global Inc.	Add +0.6%	0.22%	−0.01
UNP Union Pacific Corp.	Add +1.4%	0.14%	−0.01
GDX Vaneck Gold Miners ETF	Add +17.8%	0.56%	−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