Joule Financial, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 14, 2026), Joule Financial, LLC reported 114 stock positions worth $343.3 million. Its top holding was Vanguard Total Bond Market (BND) at 19.7% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 12.3%) and iShares 7-10 Year Treasury B (IEF, 9.1%). Compared with Q4 2025, it opened 10 new positions, sold out of 5, added to 35 and reduced 56. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +16%) and the biggest sale Schwab US Broad Market ETF (SCHB, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- Lexington, KY
- CIK
- 0001929070
- Portfolio Value
- $343.3M (Q1 2026)
- SEC Filing
- 0001172661-26-001484 ↗ filed Apr 14, 2026
Holdings Value
Holdings 114 stocks · $343.3M
| BND Vanguard Total Bond Market | 19.68% | 917,595 | $67.6M | Add +2.1% |
| RSP Invesco S&P 500 Equal Weight | 12.25% | 219,147 | $42.1M | Reduce -0.6% |
| IEF iShares 7-10 Year Treasury B | 9.13% | 328,296 | $31.3M | Add +15.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 8.48% | 267,204 | $29.1M | Add +2.1% |
| SCHD Schwab US DVD Equity ETF | 7.25% | 811,281 | $24.9M | Reduce -1.0% |
| SCHA Schwab US Small-Cap ETF | 6.75% | 796,701 | $23.2M | Reduce -0.7% |
| VEA Vanguard Ftse Developed ETF | 2.52% | 134,998 | $8.7M | Reduce -1.5% |
| VWO Vanguard Ftse Emerging Marke | 2.30% | 145,846 | $7.9M | Reduce -0.9% |
| TLT iShares 20+ Year Treasury BD | 1.75% | 69,499 | $6.0M | Reduce -0.5% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 1.51% | 157,195 | $5.2M | Add +0.5% |
| VGT Vanguard Info Tech ETF | 1.38% | 6,768 | $4.7M | Reduce -1.7% |
| SCHB Schwab US Broad Market ETF | 1.30% | 177,609 | $4.5M | Reduce -26.4% |
| VFH Vanguard Financials ETF | 1.07% | 30,418 | $3.7M | Add +29.4% |
| PAYS Paysign Inc. | 1.06% | 614,175 | $3.6M | No change |
| VDC Vanguard Consumer Staple ETF | 1.03% | 15,775 | $3.5M | Add +2.3% |
| GOOGL Alphabet Inc. Class A | 1.02% | 12,164 | $3.5M | Reduce -3.1% |
| VIS Vanguard Industrials ETF | 1.01% | 11,115 | $3.5M | Reduce -0.4% |
| VOX Vanguard Communication Servi | 0.94% | 18,005 | $3.2M | Reduce -2.3% |
| VHT Vanguard Health Care ETF | 0.85% | 10,737 | $2.9M | Add +1.4% |
| VCR Vanguard Consumer Discre ETF | 0.76% | 7,238 | $2.6M | Add +5.0% |
| XLE SS Energy Select Sector | 0.68% | 38,155 | $2.3M | Reduce -31.8% |
| AAPL Apple Inc. | 0.60% | 8,068 | $2.0M | Add +54.2% |
| CSCO Cisco Systems Inc. | 0.58% | 25,491 | $2.0M | Add +2.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.54% | 24,885 | $1.9M | Add +481.8% |
| BE Bloom Energy Corp. Class A | 0.50% | 12,742 | $1.7M | Reduce -33.1% |
| CIEN Ciena Corp. | 0.50% | 4,426 | $1.7M | Reduce -52.6% |
| BIDU Baidu Inc. - Spon ADR | 0.49% | 15,076 | $1.7M | Add +92.8% |
| IUSV iShares Core S&P U.S. Value | 0.48% | 16,002 | $1.6M | Add +502.3% |
| IGV iShares Expanded Tech-Softwa | 0.47% | 20,368 | $1.6M | New |
| TSLA Tesla Inc. | 0.46% | 4,211 | $1.6M | Reduce -2.1% |
| VPU Vanguard Utilities ETF | 0.42% | 7,245 | $1.4M | Add +0.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.39% | 13,505 | $1.3M | Add +437.8% |
| SNOW Snowflake Inc. | 0.33% | 7,624 | $1.1M | Add +2.3% |
| XOM Exxon Mobil Corp. | 0.33% | 6,681 | $1.1M | Add +3.1% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.33% | 24,260 | $1.1M | New |
| CCJ Cameco Corp. | 0.33% | 10,315 | $1.1M | Reduce -0.5% |
| CMI Cummins Inc. | 0.32% | 2,019 | $1.1M | Reduce -1.3% |
| PFE Pfizer Inc. | 0.30% | 36,332 | $1.0M | New |
| BABA Alibaba Group Holding-SP ADR | 0.29% | 7,958 | $998K | Add +0.2% |
| JPM JPMorgan Chase & Co. | 0.29% | 3,347 | $985K | Reduce -6.1% |
| SCHX Schwab US Large-Cap ETF | 0.28% | 36,828 | $944K | Reduce -13.1% |
| CAT Caterpillar Inc. | 0.25% | 1,220 | $864K | Reduce -1.1% |
| VAW Vanguard Materials ETF | 0.25% | 3,818 | $861K | Add +0.4% |
| KR Kroger Co. | 0.25% | 11,697 | $846K | Add +1.1% |
| DE Deere & Co. | 0.23% | 1,409 | $794K | Reduce -1.4% |
| PG The Procter & Gamble Co. | 0.23% | 5,452 | $788K | Add +1.6% |
| MSFT Microsoft Corp. | 0.23% | 2,117 | $784K | Reduce -0.6% |
| CVX Chevron Corp. | 0.22% | 3,668 | $759K | Reduce -0.2% |
| FSLR First Solar Inc. | 0.22% | 3,839 | $757K | Reduce -3.9% |
| SCHM Schwab US Mid Cap ETF | 0.21% | 22,990 | $712K | Reduce -7.6% |
| MDT Medtronic PLC | 0.21% | 8,175 | $708K | Add +0.0% |
| JNJ Johnson & Johnson | 0.19% | 2,713 | $663K | Reduce -2.0% |
| BKR Baker Hughes Co. | 0.19% | 10,856 | $663K | Reduce -34.0% |
| AMZN Amazon.com Inc. | 0.19% | 3,073 | $640K | Reduce -55.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 2,567 | $622K | Reduce -47.8% |
| RTX RTX Corp. | 0.18% | 3,211 | $620K | Reduce -1.1% |
| SCHV Schwab US Large-Cap Value | 0.18% | 20,020 | $611K | Reduce -31.4% |
| SCHI Schwab 5-10 Year Corporate B | 0.17% | 25,325 | $574K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.16% | 1,898 | $545K | New |
| SPGI S&P Global Inc. | 0.15% | 1,233 | $524K | No change |
| GLW Corning Inc. | 0.15% | 3,822 | $520K | Reduce -8.8% |
| MRK Merck & Co. Inc. | 0.15% | 4,316 | $519K | Reduce -0.3% |
| SCHF Schwab Intl Equity ETF | 0.15% | 20,768 | $514K | Reduce -11.4% |
| EMR Emerson Electric Co. | 0.15% | 3,870 | $507K | Reduce -1.3% |
| PRU Prudential Financial Inc. | 0.15% | 5,130 | $501K | Add +0.6% |
| SNA Snap-on Inc. | 0.14% | 1,369 | $497K | Add +29.0% |
| PEP Pepsico Inc. | 0.14% | 3,148 | $489K | Add +6.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 994 | $476K | Add +5.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 1,436 | $461K | Reduce -1.0% |
| TXN Texas Instruments Inc. | 0.13% | 2,239 | $435K | Reduce -2.3% |
| GLD SPDR Gold Shares | 0.12% | 992 | $427K | Reduce -54.9% |
| KO The Coca-Cola Co. | 0.12% | 5,514 | $422K | Reduce -1.9% |
| MBB iShares MBS ETF | 0.12% | 4,189 | $398K | New |
| OKLO Oklo Inc. | 0.11% | 7,763 | $385K | Reduce -0.9% |
| NVDA Nvidia Corp. | 0.11% | 2,175 | $379K | Add +9.0% |
| UNP Union Pacific Corp. | 0.11% | 1,541 | $374K | No change |
| ABBV Abbvie Inc. | 0.11% | 1,705 | $371K | Reduce -0.6% |
| AXP American Express Co. | 0.11% | 1,204 | $364K | No change |
| SCHZ Schwab US Aggregate Bond ETF | 0.10% | 15,000 | $348K | Reduce -8.4% |
| USIG iShares Broad Usd Investment | 0.10% | 6,663 | $341K | New |
| FAST Fastenal Co. | 0.10% | 7,350 | $341K | Reduce -0.9% |
| GRMN Garmin Ltd. | 0.10% | 1,455 | $338K | Reduce -3.3% |
| ETN Eaton Corp. PLC | 0.10% | 934 | $334K | Reduce -1.6% |
| SCHY Schwab International DVD ETF | 0.09% | 9,960 | $315K | Reduce -0.7% |
| ADM Archer-Daniels-Midland Co. | 0.09% | 4,333 | $315K | Add +0.3% |
| AFL Aflac Inc. | 0.09% | 2,867 | $315K | No change |
| FITB Fifth Third Bancorp | 0.09% | 6,704 | $311K | Add +0.7% |
| SYBT Stock Yards Bancorp Inc. | 0.09% | 4,643 | $309K | No change |
| LMT Lockheed Martin Corp. | 0.09% | 507 | $307K | Reduce -0.2% |
| VOO Vanguard S&P 500 ETF | 0.09% | 497 | $297K | No change |
| MDLZ Mondelez International Inc. Class A | 0.09% | 5,068 | $292K | Add +16.5% |
| MET Metlife Inc. | 0.08% | 4,113 | $291K | Reduce -2.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 446 | $290K | Add +18.3% |
| VIG Vanguard Dividend Apprec ETF | 0.08% | 1,346 | $289K | Add +2.9% |
| CSX CSX Corp. | 0.08% | 6,995 | $287K | No change |
| LLY Eli Lilly & Co. | 0.08% | 310 | $285K | Reduce -1.3% |
| LRGF iShares US Equity Factor ETF | 0.08% | 4,287 | $283K | New |
| GOOG Alphabet Inc. Class C | 0.08% | 963 | $276K | Add +0.1% |
| LOW Lowe's Cos Inc. | 0.08% | 1,157 | $273K | No change |
| MCD McDonald's Corp. | 0.08% | 858 | $267K | Reduce -0.3% |
Portfolio Sells Q4 2025 → Q1 2026
| SCHB Schwab US Broad Market ETF | Reduce -26.4% | 1.30% | −0.60 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −0.55 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.6% | 12.25% | −0.40 |
| AMZN Amazon.com Inc. | Reduce -55.6% | 0.19% | −0.29 |
| IBM Intl Business Machines Corp. | Reduce -47.8% | 0.18% | −0.25 |
| IVV iShares Core S&P 500 ETF | Reduce -78.1% | 0.06% | −0.24 |
| VGT Vanguard Info Tech ETF | Reduce -1.7% | 1.38% | −0.18 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.17 |
| GOOGL Alphabet Inc. Class A | Reduce -3.1% | 1.02% | −0.16 |
| CIEN Ciena Corp. | Reduce -52.6% | 0.50% | −0.15 |
| SCHO Schwab Short-Term US Treas | Sold out | 0.00% | −0.14 |
| GLD SPDR Gold Shares | Reduce -54.9% | 0.12% | −0.14 |
| VOX Vanguard Communication Servi | Reduce -2.3% | 0.94% | −0.13 |
| TSLA Tesla Inc. | Reduce -2.1% | 0.46% | −0.12 |
| SCHA Schwab US Small-Cap ETF | Reduce -0.7% | 6.75% | −0.10 |
| FSLR First Solar Inc. | Reduce -3.9% | 0.22% | −0.09 |
| SCHV Schwab US Large-Cap Value | Reduce -31.4% | 0.18% | −0.08 |
| MSFT Microsoft Corp. | Reduce -0.6% | 0.23% | −0.08 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.9% | 2.30% | −0.08 |
| SQQQ Proshares Ultrapro Short QQQ | Sold out | 0.00% | −0.07 |
| TLT iShares 20+ Year Treasury BD | Reduce -0.5% | 1.75% | −0.07 |
| XLE SS Energy Select Sector | Reduce -31.8% | 0.68% | −0.07 |
| SCHX Schwab US Large-Cap ETF | Reduce -13.1% | 0.28% | −0.07 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -6.1% | 0.29% | −0.06 |
| OKLO Oklo Inc. | Reduce -0.9% | 0.11% | −0.06 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.5% | 2.52% | −0.04 |
| BKR Baker Hughes Co. | Reduce -34.0% | 0.19% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -11.4% | 0.15% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -1.3% | 0.08% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -4.9% | 0.07% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -7.6% | 0.21% | −0.02 |
| MET Metlife Inc. | Reduce -2.4% | 0.08% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -8.4% | 0.10% | −0.01 |
| DUK Duke Energy Corp. | Reduce -22.9% | 0.07% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.0% | 0.13% | −0.01 |
| BLK BlackRock Inc. | Reduce -1.4% | 0.06% | −0.01 |
| ABBV Abbvie Inc. | Reduce -0.6% | 0.11% | −0.01 |
| EMR Emerson Electric Co. | Reduce -1.3% | 0.15% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.3% | 0.08% | −0.00 |
| RTX RTX Corp. | Reduce -1.1% | 0.18% | +0.00 |
| SCHY Schwab International DVD ETF | Reduce -0.7% | 0.09% | +0.00 |
| WMT Walmart Inc. | Reduce -3.3% | 0.07% | +0.00 |
| CMI Cummins Inc. | Reduce -1.3% | 0.32% | +0.00 |
| KO The Coca-Cola Co. | Reduce -1.9% | 0.12% | +0.01 |
| TGT Target Corp. | Reduce -9.7% | 0.07% | +0.01 |
| ETN Eaton Corp. PLC | Reduce -1.6% | 0.10% | +0.01 |
| GRMN Garmin Ltd. | Reduce -3.3% | 0.10% | +0.01 |
| BE Bloom Energy Corp. Class A | Reduce -33.1% | 0.50% | +0.01 |
| TXN Texas Instruments Inc. | Reduce -2.3% | 0.13% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| IEF iShares 7-10 Year Treasury B | Add +15.5% | 9.13% | +0.94 |
| IGV iShares Expanded Tech-Softwa | New | 0.47% | +0.47 |
| VEU Vanguard Ftse All-World Ex-U | Add +481.8% | 0.54% | +0.45 |
| IUSV iShares Core S&P U.S. Value | Add +502.3% | 0.48% | +0.40 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.33% | +0.33 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +437.8% | 0.39% | +0.30 |
| PFE Pfizer Inc. | New | 0.30% | +0.30 |
| BIDU Baidu Inc. - Spon ADR | Add +92.8% | 0.49% | +0.18 |
| AAPL Apple Inc. | Add +54.2% | 0.60% | +0.17 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.16% | +0.16 |
| VFH Vanguard Financials ETF | Add +29.4% | 1.07% | +0.13 |
| MBB iShares MBS ETF | New | 0.12% | +0.12 |
| USIG iShares Broad Usd Investment | New | 0.10% | +0.10 |
| XOM Exxon Mobil Corp. | Add +3.1% | 0.33% | +0.10 |
| LRGF iShares US Equity Factor ETF | New | 0.08% | +0.08 |
| VWOB Vanguard Emerg MKTS Gov BND | New | 0.07% | +0.07 |
| IUSG iShares Core S&P U.S. Growth | New | 0.07% | +0.07 |
| VYM Vanguard High DVD Yield ETF | New | 0.06% | +0.06 |
| VDC Vanguard Consumer Staple ETF | Add +2.3% | 1.03% | +0.06 |
| SNA Snap-on Inc. | Add +29.0% | 0.14% | +0.04 |
| KR Kroger Co. | Add +1.1% | 0.25% | +0.03 |
| ADM Archer-Daniels-Midland Co. | Add +0.3% | 0.09% | +0.02 |
| VPU Vanguard Utilities ETF | Add +0.0% | 0.42% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +16.5% | 0.09% | +0.01 |
| VAW Vanguard Materials ETF | Add +0.4% | 0.25% | +0.01 |
| PEP Pepsico Inc. | Add +6.1% | 0.14% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +18.3% | 0.08% | +0.01 |
| CSCO Cisco Systems Inc. | Add +2.6% | 0.58% | +0.00 |
| NVDA Nvidia Corp. | Add +9.0% | 0.11% | −0.00 |
| PG The Procter & Gamble Co. | Add +1.6% | 0.23% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +2.9% | 0.08% | −0.00 |
| PGX Invesco Preferred ETF | Add +0.8% | 0.04% | −0.00 |
| FITB Fifth Third Bancorp | Add +0.7% | 0.09% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.2% | 0.14% | −0.00 |
| HD Home Depot Inc. | Add +1.4% | 0.06% | −0.00 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.08% | −0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +0.5% | 1.51% | −0.03 |
| PRU Prudential Financial Inc. | Add +0.6% | 0.15% | −0.03 |
| MDT Medtronic PLC | Add +0.0% | 0.21% | −0.03 |
| VCR Vanguard Consumer Discre ETF | Add +5.0% | 0.76% | −0.06 |
| BABA Alibaba Group Holding-SP ADR | Add +0.2% | 0.29% | −0.06 |
| VHT Vanguard Health Care ETF | Add +1.4% | 0.85% | −0.06 |
| SNOW Snowflake Inc. | Add +2.3% | 0.33% | −0.15 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +2.1% | 8.48% | −0.16 |
| BND Vanguard Total Bond Market | Add +2.1% | 19.68% | −0.27 |
Notes & Other Activity Q4 2025 → Q1 2026
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | Sold out | 23,000 | $27Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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 |