Joule Financial, LLC

Name: Joule Financial, LLC 13F holdings, Q1 2026
Creator: Joule Financial, LLC
Published: 2026-04-14

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

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%
VWOB Vanguard Emerg MKTS Gov BND	0.07%	3,844	$253K	New
IUSG iShares Core S&P U.S. Growth	0.07%	1,586	$246K	New
GD General Dynamics Corp.	0.07%	705	$242K	No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.07%	2,608	$235K	No change
META Meta Platforms Inc. Class A	0.07%	408	$234K	Reduce -4.9%
TGT Target Corp.	0.07%	1,924	$233K	Reduce -9.7%
DUK Duke Energy Corp.	0.07%	1,765	$231K	Reduce -22.9%
WMT Walmart Inc.	0.07%	1,853	$230K	Reduce -3.3%
VXUS Vanguard Total Intl Stock	0.06%	2,878	$222K	No change
HD Home Depot Inc.	0.06%	652	$214K	Add +1.4%
IVV iShares Core S&P 500 ETF	0.06%	320	$209K	Reduce -78.1%
VYM Vanguard High DVD Yield ETF	0.06%	1,402	$208K	New
BLK BlackRock Inc.	0.06%	212	$204K	Reduce -1.4%
PGX Invesco Preferred ETF	0.04%	12,481	$136K	Add +0.8%

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