Wetzel Investment Advisors, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Wetzel Investment Advisors, Inc. reported 128 stock positions worth $233.4 million. Its top holding was iShares Russell 1000 Growth (IWF) at 11.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 6.6%) and Innovator Eqty MGD Floor ETF (SFLR, 6.4%). Compared with Q2 2025, it opened 13 new positions, sold out of 7, added to 23 and reduced 72. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +15%) and the biggest sale JPMorgan Chase (JPM, shares −9%).

Most Recent 13F
Q2 2026
Location
INDIANAPOLIS, IN
CIK
0002009211
Portfolio Value
$233.4M (Q3 2025)
SEC Filing
0002009211-25-000006 ↗ filed Oct 27, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $169.8M Q1 2024 Q2 2024: $174.0M Q2 2024 Q3 2024: $198.0M Q3 2024 Q4 2024: $200.4M Q4 2024 Q1 2025: $197.5M Q1 2025 Q2 2025: $217.8M Q2 2025 Q3 2025: $233.4M $233.4M Q3 2025 Q4 2025: $246.1M Q4 2025 Q1 2026: $250.7M Q1 2026 Q2 2026: $287.8M Q2 2026

Holdings 128 stocks · $233.4M
IWF iShares Russell 1000 Growth 11.06% 55,100 $25.8M Reduce -1.1%
VOO Vanguard S&P 500 ETF 6.58% 25,026 $15.4M Add +0.2%
SFLR Innovator Eqty MGD Floor ETF 6.38% 412,977 $14.9M Add +3.7%
VTV Vanguard Mrngstr Val ETF-Aui 6.11% 76,134 $14.3M Reduce -0.2%
VXUS Vanguard Total Intl Stock 5.73% 181,970 $13.4M Reduce -1.3%
JPM JPMorgan Chase & Co. 5.45% 40,362 $12.7M Reduce -8.7%
BRTR iShares Total Return Act ETF 4.42% 202,412 $10.3M Add +7.9%
LLY Eli Lilly & Co. 3.16% 9,670 $7.4M Add +0.1%
SPY SS SPDR S&P 500 ETF Trust-US 2.15% 7,512 $5.0M Add +14.7%
VXF Vanguard Extended Market ETF 2.13% 23,793 $5.0M Reduce -2.1%
GOVT iShares US Treasury Bond ETF 2.09% 210,857 $4.9M Add +9.2%
ICVT iShares Convertible Bond ETF 1.99% 46,366 $4.6M Reduce -0.2%
IEMG iShares Core MSCI Emerging 1.97% 69,908 $4.6M Reduce -1.6%
SPIB SS SPDR P Int C Corp. ETF 1.94% 133,685 $4.5M Add +2.5%
SPHQ Invesco S&P 500 Quality ETF 1.67% 53,159 $3.9M Reduce -4.6%
AAPL Apple Inc. 1.57% 14,410 $3.7M Add +0.0%
C Citigroup Inc. 1.37% 31,541 $3.2M Reduce -8.7%
BINC iShares Flex I A ETF-Usd Inc. 1.37% 59,907 $3.2M Add +14.3%
IJH iShares Core S&P Midcap ETF 1.30% 46,530 $3.0M Reduce -5.4%
SPMO Invesco S&P 500 Momentum ETF 1.28% 24,757 $3.0M Reduce -0.9%
JHMM John Hancock Multi Fact Mid 1.20% 43,290 $2.8M Add +3.1%
FDL First Trust Morn DVD Lead Inc. 1.18% 63,714 $2.8M Reduce -1.9%
FTCS First Trust Capital Strength 1.15% 28,759 $2.7M Reduce -0.8%
MSFT Microsoft Corp. 1.02% 4,575 $2.4M Reduce -0.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.89% 7,044 $2.1M Reduce -0.6%
VIG Vanguard Dividend Apprec ETF 0.86% 9,266 $2.0M Reduce -4.6%
WMT Walmart Inc. 0.73% 16,574 $1.7M Reduce -1.3%
MPC Marathon Petroleum Corp. 0.67% 8,055 $1.6M Add +0.1%
DMAR FT Vest US Equity Deep Buffe 0.61% 34,654 $1.4M Reduce -4.1%
NVDA Nvidia Corp. 0.60% 7,537 $1.4M Reduce -0.7%
USMV iShares MSCI USA Min Vol Fac 0.60% 14,662 $1.4M Reduce -0.7%
USHY iShares Broad Usd High Yield 0.58% 35,820 $1.4M Reduce -8.9%
DYNF Ishrs US E F R A ETF-Usd Inc. 0.57% 22,649 $1.3M Add +20.2%
IEFA iShares Core MSCI Eafe ETF 0.57% 15,109 $1.3M Reduce -7.7%
IWD iShares Russell 1000 Value E 0.56% 6,373 $1.3M Reduce -0.8%
GOOGL Alphabet Inc. Class A 0.55% 5,303 $1.3M Reduce -0.1%
AVGO Broadcom Inc. 0.50% 3,525 $1.2M Reduce -3.5%
FEX First Trust Large Cap Core A 0.48% 9,679 $1.1M Reduce -1.9%
ETN Eaton Corp. PLC 0.47% 2,944 $1.1M Reduce -0.3%
QDPL Pacer Met US LRG Cap DVD 400 0.46% 25,500 $1.1M Add +23.8%
PRU Prudential Financial Inc. 0.44% 9,928 $1.0M Reduce -2.0%
QQQ Invesco QQQ Trust Series 1 0.43% 1,656 $995K No change
EMGF iShares Emerging Markets Equ 0.39% 16,010 $906K Add +15.7%
RJF Raymond James Financial Inc. 0.37% 5,029 $868K No change
JNJ Johnson & Johnson 0.33% 4,187 $776K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.33% 15,441 $773K Reduce -12.2%
IYW iShares Ustechnology ETF 0.33% 3,899 $764K Reduce -10.9%
IJR iShares Core S&P Small-Cap E 0.32% 6,300 $749K Reduce -4.3%
UNP Union Pacific Corp. 0.31% 3,062 $724K Reduce -1.6%
XOM Exxon Mobil Corp. 0.31% 6,379 $719K No change
FITB Fifth Third Bancorp 0.30% 15,415 $693K No change
COP Conocophillips 0.30% 7,297 $690K No change
AMZN Amazon.com Inc. 0.29% 3,128 $687K Add +0.3%
ITOT iShares Core S&P Total U.S. 0.29% 4,700 $685K Reduce -1.6%
DMAY FT Vest US Equity Deep Buffe 0.29% 15,362 $681K Reduce -5.2%
VYM Vanguard High DVD Yield ETF 0.29% 4,815 $679K Reduce -3.5%
FVD First Trust Value Line DVD 0.28% 14,354 $664K Reduce -2.0%
MSI Motorola Solutions Inc. 0.28% 1,405 $644K No change
ALL Allstate Corp. 0.26% 2,819 $608K No change
VT Vanguard Tot World STK ETF 0.24% 4,126 $569K Reduce -2.7%
CME Cme Group Inc. 0.24% 2,094 $566K Reduce -0.7%
NBSD Neuberger Short Duration Inc. 0.24% 10,916 $558K Add +13.3%
TT Trane Technologies PLC 0.24% 1,302 $549K Reduce -3.4%
HD Home Depot Inc. 0.23% 1,354 $549K Reduce -2.3%
MINO PIMCO Municipal Income Oppor 0.23% 12,000 $544K No change
CNP Centerpoint Energy Inc. 0.23% 13,548 $526K Reduce -0.7%
PFE Pfizer Inc. 0.22% 20,074 $511K Add +7.0%
GSLC Goldman Activebeta US LC ETF 0.21% 3,851 $502K No change
META Meta Platforms Inc. Class A 0.21% 670 $492K Reduce -0.7%
APA Apa Corp. 0.21% 20,052 $487K Add +1.5%
CB Chubb Ltd. 0.20% 1,690 $479K Reduce -0.9%
IWB iShares Russell 1000 ETF 0.20% 1,299 $475K No change
COWZ Pacer US Cash Cows 100 ETF 0.19% 7,900 $454K No change
SPLV Invesco S&P 500 Low Volatili 0.19% 5,926 $435K Reduce -0.3%
ADP Automatic Data Processing 0.18% 1,410 $416K No change
HIG Hartford Insurance Group Inc. 0.17% 3,000 $402K No change
VZ Verizon Communications Inc. 0.17% 9,016 $396K Reduce -3.9%
XLV SS Health Care Select Sector 0.16% 2,635 $367K Reduce -4.9%
WM Waste Management Inc. 0.15% 1,611 $356K No change
SRLN SS Blackstone Sr Loan ETF 0.15% 8,491 $353K Add +3.7%
CSCO Cisco Systems Inc. 0.15% 5,158 $353K Reduce -5.7%
BNDX Vanguard Total Intl Bond ETF 0.15% 7,112 $352K New
JCI Johnson Controls Internation 0.15% 3,112 $343K Reduce -6.1%
SCHF Schwab Intl Equity ETF 0.15% 14,691 $342K New
CALF PCR US SM CP CSH CWS ETF-Usd 0.14% 7,728 $338K Reduce -16.2%
MRK Merck & Co. Inc. 0.14% 3,988 $338K Reduce -1.8%
IYG iShares U.S. Financial Servi 0.14% 3,684 $330K Reduce -10.7%
JPIB JPMorgan Intl BND ETF 0.14% 6,672 $327K Reduce -4.0%
UNM Unum Group 0.14% 4,190 $326K No change
QCOM Qualcomm Inc. 0.14% 1,936 $322K Reduce -4.9%
BND Vanguard Total Bond Market 0.14% 4,293 $319K New
SDY SS SPDR S&P Dividend ETF 0.14% 2,271 $318K Reduce -2.7%
CRM Salesforce Inc. 0.14% 1,331 $316K Add +6.9%
AGG iShares Core U.S. Aggregate 0.13% 3,058 $307K Reduce -5.3%
DJAN FT Vest U.S. Equity Deep Buf 0.13% 7,219 $304K Reduce -1.2%
FXH First Trust Health Care Alph 0.13% 2,740 $300K No change
XLY SS Consumer Disc Select Sect 0.13% 1,225 $294K Reduce -12.7%
V Visa Inc. Class A 0.13% 858 $293K No change
INTF iShares International Equity 0.12% 7,991 $287K New
SCHM Schwab US Mid Cap ETF 0.12% 9,331 $277K New
MDT Medtronic PLC 0.11% 2,753 $264K Reduce -5.5%
XLE SS Energy Select Sector 0.11% 2,951 $264K Reduce -2.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.11% 1,814 $262K Reduce -6.7%
ICSH iShares Ultra Short Duration 0.11% 5,155 $262K Add +16.1%
BSV Vanguard Short-Term Bond ETF 0.11% 3,314 $262K Add +13.8%
XLI SS Industrial Select Sector 0.11% 1,685 $260K Reduce -5.5%
DRI Darden Restaurants Inc. 0.11% 1,363 $259K Reduce -2.9%
UNH Unitedhealth Group Inc. 0.11% 749 $259K Reduce -6.3%
APD Air Products & Chemicals Inc. 0.11% 943 $257K Reduce -3.9%
CVX Chevron Corp. 0.11% 1,655 $257K Reduce -1.1%
NI Nisource Inc. 0.11% 5,826 $252K No change
HDEF Xtrackers MSCI Eafe High Div 0.11% 8,517 $251K Add +10.1%
EFA iShares MSCI Eafe ETF 0.11% 2,653 $248K Reduce -0.1%
XLC SS Comm Select Sector SPDR 0.10% 2,059 $244K Reduce -6.7%
ORCL Oracle Corp. 0.10% 866 $244K Reduce -6.1%
ABBV Abbvie Inc. 0.10% 1,034 $239K Reduce -9.0%
WBS Webster Financial Corp. 0.10% 4,000 $238K Reduce -4.8%
ICE Intercontinental Exchange Inc. 0.10% 1,397 $235K Reduce -2.7%
TSLA Tesla Inc. 0.10% 522 $232K New
KO The Coca-Cola Co. 0.10% 3,443 $230K Reduce -11.4%
JXN Jackson Financial Inc. Class A 0.10% 2,200 $223K New
POR Portland General Electric Co. 0.10% 5,000 $223K No change
AZO AutoZone Inc. 0.09% 51 $219K New
AEE Ameren Corporation 0.09% 2,000 $209K New
MU Micron Technology Inc. 0.09% 1,230 $206K New
JEPI JPMorgan Equity Premium Inco 0.09% 3,591 $205K New
VWO Vanguard Ftse Emerging Marke 0.09% 3,716 $201K New
SCHB Schwab US Broad Market ETF 0.09% 7,800 $201K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $896K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 700$896KNo change

Total filed on the 13F, all lines: $234.3M.

Portfolio Sells Q2 2025 → Q3 2025
JPM JPMorgan Chase & Co. Reduce -8.7% 5.45% −0.43
XLK SS Technology Select Sector Sold out 0.00% −0.16
SPHQ Invesco S&P 500 Quality ETF Reduce -4.6% 1.67% −0.15
VXUS Vanguard Total Intl Stock Reduce -1.3% 5.73% −0.12
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.2% 6.11% −0.11
CMCSA Comcast Corp. Class A Sold out 0.00% −0.10
IJH iShares Core S&P Midcap ETF Reduce -5.4% 1.30% −0.10
SPGI S&P Global Inc. Sold out 0.00% −0.10
BKNG Booking Holdings Inc. Sold out 0.00% −0.10
USHY iShares Broad Usd High Yield Reduce -8.9% 0.58% −0.10
RSG Republic Services Inc. Sold out 0.00% −0.09
NXPI NXP Semiconductors NV Sold out 0.00% −0.09
MCK McKesson Corp. Sold out 0.00% −0.09
VTEB Vanguard Tax-Exempt Bond ETF Reduce -12.2% 0.33% −0.06
FDL First Trust Morn DVD Lead Inc. Reduce -1.9% 1.18% −0.06
IEFA iShares Core MSCI Eafe ETF Reduce -7.7% 0.57% −0.06
PRU Prudential Financial Inc. Reduce -2.0% 0.44% −0.06
VIG Vanguard Dividend Apprec ETF Reduce -4.6% 0.86% −0.06
FTCS First Trust Capital Strength Reduce -0.8% 1.15% −0.06
DMAR FT Vest US Equity Deep Buffe Reduce -4.1% 0.61% −0.05
USMV iShares MSCI USA Min Vol Fac Reduce -0.7% 0.60% −0.04
TT Trane Technologies PLC Reduce -3.4% 0.24% −0.04
MSFT Microsoft Corp. Reduce -0.3% 1.02% −0.03
DRI Darden Restaurants Inc. Reduce -2.9% 0.11% −0.03
KO The Coca-Cola Co. Reduce -11.4% 0.10% −0.03
DMAY FT Vest US Equity Deep Buffe Reduce -5.2% 0.29% −0.03
CME Cme Group Inc. Reduce -0.7% 0.24% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.6% 0.89% −0.02
CALF PCR US SM CP CSH CWS ETF-Usd Reduce -16.2% 0.14% −0.02
CSCO Cisco Systems Inc. Reduce -5.7% 0.15% −0.02
CB Chubb Ltd. Reduce -0.9% 0.20% −0.02
WMT Walmart Inc. Reduce -1.3% 0.73% −0.02
IYW iShares Ustechnology ETF Reduce -10.9% 0.33% −0.02
IYG iShares U.S. Financial Servi Reduce -10.7% 0.14% −0.02
ICE Intercontinental Exchange Inc. Reduce -2.7% 0.10% −0.02
UNP Union Pacific Corp. Reduce -1.6% 0.31% −0.02
META Meta Platforms Inc. Class A Reduce -0.7% 0.21% −0.02
IWD iShares Russell 1000 Value E Reduce -0.8% 0.56% −0.02
APD Air Products & Chemicals Inc. Reduce -3.9% 0.11% −0.02
VZ Verizon Communications Inc. Reduce -3.9% 0.17% −0.02
VXF Vanguard Extended Market ETF Reduce -2.1% 2.13% −0.02
FVD First Trust Value Line DVD Reduce -2.0% 0.28% −0.02
AGG iShares Core U.S. Aggregate Reduce -5.3% 0.13% −0.02
JPIB JPMorgan Intl BND ETF Reduce -4.0% 0.14% −0.01
VYM Vanguard High DVD Yield ETF Reduce -3.5% 0.29% −0.01
XLV SS Health Care Select Sector Reduce -4.9% 0.16% −0.01
XLY SS Consumer Disc Select Sect Reduce -12.7% 0.13% −0.01
JCI Johnson Controls Internation Reduce -6.1% 0.15% −0.01
FEX First Trust Large Cap Core A Reduce -1.9% 0.48% −0.01
SPLV Invesco S&P 500 Low Volatili Reduce -0.3% 0.19% −0.01

Portfolio Buys Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US Add +14.7% 2.15% +0.29
SFLR Innovator Eqty MGD Floor ETF Add +3.7% 6.38% +0.24
AAPL Apple Inc. Add +0.0% 1.57% +0.21
BNDX Vanguard Total Intl Bond ETF New 0.15% +0.15
SCHF Schwab Intl Equity ETF New 0.15% +0.15
BND Vanguard Total Bond Market New 0.14% +0.14
INTF iShares International Equity New 0.12% +0.12
SCHM Schwab US Mid Cap ETF New 0.12% +0.12
DYNF Ishrs US E F R A ETF-Usd Inc. Add +20.2% 0.57% +0.10
TSLA Tesla Inc. New 0.10% +0.10
JXN Jackson Financial Inc. Class A New 0.10% +0.10
BINC iShares Flex I A ETF-Usd Inc. Add +14.3% 1.37% +0.09
AZO AutoZone Inc. New 0.09% +0.09
AEE Ameren Corporation New 0.09% +0.09
MU Micron Technology Inc. New 0.09% +0.09
JEPI JPMorgan Equity Premium Inco New 0.09% +0.09
VWO Vanguard Ftse Emerging Marke New 0.09% +0.09
SCHB Schwab US Broad Market ETF New 0.09% +0.09
QDPL Pacer Met US LRG Cap DVD 400 Add +23.8% 0.46% +0.08
BRTR iShares Total Return Act ETF Add +7.9% 4.42% +0.07
EMGF iShares Emerging Markets Equ Add +15.7% 0.39% +0.06
GOVT iShares US Treasury Bond ETF Add +9.2% 2.09% +0.05
MPC Marathon Petroleum Corp. Add +0.1% 0.67% +0.05
VOO Vanguard S&P 500 ETF Add +0.2% 6.58% +0.05
APA Apa Corp. Add +1.5% 0.21% +0.04
JHMM John Hancock Multi Fact Mid Add +3.1% 1.20% +0.02
NBSD Neuberger Short Duration Inc. Add +13.3% 0.24% +0.01
PFE Pfizer Inc. Add +7.0% 0.22% +0.01
ICSH iShares Ultra Short Duration Add +16.1% 0.11% +0.01
BSV Vanguard Short-Term Bond ETF Add +13.8% 0.11% +0.01
HDEF Xtrackers MSCI Eafe High Div Add +10.1% 0.11% +0.00
SRLN SS Blackstone Sr Loan ETF Add +3.7% 0.15% −0.01
AMZN Amazon.com Inc. Add +0.3% 0.29% −0.02
CRM Salesforce Inc. Add +6.9% 0.14% −0.02
SPIB SS SPDR P Int C Corp. ETF Add +2.5% 1.94% −0.07
LLY Eli Lilly & Co. Add +0.1% 3.16% −0.30

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 138$287.8MVOO, SFLR, IWF, VTV, LLY
Q1 2026 130$250.7MIWF, SFLR, VTV, VOO, VXUS
Q4 2025 131$246.1MIWF, SFLR, VOO, VTV, VXUS
Q3 2025 128$233.4MIWF, VOO, SFLR, VTV, VXUS
Q2 2025 122$217.8MIWF, VOO, VTV, SFLR, JPM
Q1 2025 121$197.5MVXUS, IWF, VOO, JPM, LLY
Q4 2024 120$200.4MIWF, VXUS, VOO, JPM, LLY
Q3 2024 120$198.0MVXUS, IWF, VOO, JPM, LLY
Q2 2024 937$174.0MAGG, VOO, JPM, LLY, IWF
Q1 2024 1,062$169.8MAGG, VOO, JPM, LLY, IWF