Wetzel Investment Advisors, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), Wetzel Investment Advisors, Inc. reported 131 stock positions worth $246.1 million. Its top holding was iShares Russell 1000 Growth (IWF) at 10.5% of the portfolio, followed by Innovator Eqty MGD Floor ETF (SFLR, 6.5%) and Vanguard S&P 500 ETF (VOO, 6.5%). Compared with Q3 2025, it opened 8 new positions, sold out of 5, added to 49 and reduced 57. The biggest buy was Eli Lilly (LLY, shares +12%) and the biggest sale iShares Russell 1000 Growth (IWF, shares −1%).

Most Recent 13F
Q2 2026
Location
INDIANAPOLIS, IN
CIK
0002009211
Portfolio Value
$246.1M (Q4 2025)
SEC Filing
0002009211-26-000001 ↗ filed Jan 22, 2026

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 Q3 2025 Q4 2025: $246.1M $246.1M Q4 2025 Q1 2026: $250.7M Q1 2026 Q2 2026: $287.8M Q2 2026

Holdings 131 stocks · $246.1M
IWF iShares Russell 1000 Growth 10.47% 54,439 $25.8M Reduce -1.2%
SFLR Innovator Eqty MGD Floor ETF 6.54% 436,484 $16.1M Add +5.7%
VOO Vanguard S&P 500 ETF 6.53% 25,603 $16.1M Add +2.3%
VTV Vanguard Mrngstr Val ETF-Aui 6.13% 78,921 $15.1M Add +3.7%
VXUS Vanguard Total Intl Stock 5.25% 171,262 $12.9M Reduce -5.9%
JPM JPMorgan Chase & Co. 5.23% 39,912 $12.9M Reduce -1.1%
LLY Eli Lilly & Co. 4.74% 10,846 $11.7M Add +12.2%
BRTR iShares Total Return Act ETF 4.34% 210,290 $10.7M Add +3.9%
SPY SS SPDR S&P 500 ETF Trust-US 2.09% 7,502 $5.1M Reduce -0.1%
GOVT iShares US Treasury Bond ETF 2.06% 219,858 $5.1M Add +4.3%
VXF Vanguard Extended Market ETF 2.01% 23,663 $4.9M Reduce -0.6%
IEMG iShares Core MSCI Emerging 1.92% 70,423 $4.7M Add +0.7%
SPIB SS SPDR P Int C Corp. ETF 1.87% 136,355 $4.6M Add +2.0%
ICVT iShares Convertible Bond ETF 1.86% 46,416 $4.6M Add +0.1%
AAPL Apple Inc. 1.62% 14,665 $4.0M Add +1.8%
SPHQ Invesco S&P 500 Quality ETF 1.61% 52,741 $4.0M Reduce -0.8%
C Citigroup Inc. 1.49% 31,441 $3.7M Reduce -0.3%
BINC iShares Flex I A ETF-Usd Inc. 1.34% 62,390 $3.3M Add +4.1%
JHMM John Hancock Multi Fact Mid 1.26% 47,485 $3.1M Add +9.7%
IJH iShares Core S&P Midcap ETF 1.24% 46,209 $3.0M Reduce -0.7%
SPMO Invesco S&P 500 Momentum ETF 1.20% 24,746 $3.0M Reduce -0.0%
FDL First Trust Morn DVD Lead Inc. 1.14% 63,316 $2.8M Reduce -0.6%
FTCS First Trust Capital Strength 1.07% 28,482 $2.6M Reduce -1.0%
DYNF Ishrs US E F R A ETF-Usd Inc. 1.05% 42,404 $2.6M Add +87.2%
MSFT Microsoft Corp. 0.88% 4,475 $2.2M Reduce -2.2%
VIG Vanguard Dividend Apprec ETF 0.83% 9,261 $2.0M Reduce -0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.82% 6,973 $2.0M Reduce -1.0%
WMT Walmart Inc. 0.75% 16,542 $1.8M Reduce -0.2%
GOOGL Alphabet Inc. Class A 0.71% 5,590 $1.7M Add +5.4%
NVDA Nvidia Corp. 0.64% 8,422 $1.6M Add +11.7%
QDPL Pacer Met US LRG Cap DVD 400 0.62% 35,700 $1.5M Add +40.0%
DMAR FT Vest US Equity Deep Buffe 0.58% 34,334 $1.4M Reduce -0.9%
USMV iShares MSCI USA Min Vol Fac 0.56% 14,571 $1.4M Reduce -0.6%
IEFA iShares Core MSCI Eafe ETF 0.55% 15,020 $1.3M Reduce -0.6%
IWD iShares Russell 1000 Value E 0.54% 6,322 $1.3M Reduce -0.8%
MPC Marathon Petroleum Corp. 0.53% 8,049 $1.3M Reduce -0.1%
USHY iShares Broad Usd High Yield 0.51% 33,662 $1.3M Reduce -6.0%
AVGO Broadcom Inc. 0.50% 3,553 $1.2M Add +0.8%
EMGF iShares Emerging Markets Equ 0.49% 20,851 $1.2M Add +30.2%
PRU Prudential Financial Inc. 0.46% 10,022 $1.1M Add +0.9%
FEX First Trust Large Cap Core A 0.46% 9,480 $1.1M Reduce -2.1%
QQQ Invesco QQQ Trust Series 1 0.41% 1,656 $1.0M No change
ETN Eaton Corp. PLC 0.38% 2,912 $928K Reduce -1.1%
JNJ Johnson & Johnson 0.35% 4,211 $871K Add +0.6%
IYW iShares Ustechnology ETF 0.32% 3,906 $780K Add +0.2%
NBSD Neuberger Short Duration Inc. 0.32% 15,158 $776K Add +38.9%
VTEB Vanguard Tax-Exempt Bond ETF 0.31% 15,371 $773K Reduce -0.5%
XOM Exxon Mobil Corp. 0.31% 6,379 $768K No change
IJR iShares Core S&P Small-Cap E 0.30% 6,140 $738K Reduce -2.5%
FITB Fifth Third Bancorp 0.30% 15,381 $726K Reduce -0.2%
UNP Union Pacific Corp. 0.28% 3,032 $701K Reduce -1.0%
VYM Vanguard High DVD Yield ETF 0.28% 4,812 $691K Reduce -0.1%
DMAY FT Vest US Equity Deep Buffe 0.28% 15,260 $690K Reduce -0.7%
AMZN Amazon.com Inc. 0.28% 2,983 $689K Reduce -4.6%
COP Conocophillips 0.28% 7,297 $683K No change
ITOT iShares Core S&P Total U.S. 0.27% 4,543 $675K Reduce -3.3%
RJF Raymond James Financial Inc. 0.26% 4,029 $647K Reduce -19.9%
FVD First Trust Value Line DVD 0.26% 14,002 $645K Reduce -2.5%
COWZ Pacer US Cash Cows 100 ETF 0.24% 9,900 $602K Add +25.3%
ALL Allstate Corp. 0.24% 2,817 $589K Reduce -0.1%
CME Cme Group Inc. 0.23% 2,080 $568K Reduce -0.7%
VT Vanguard Tot World STK ETF 0.23% 3,965 $559K Reduce -3.9%
MINO PIMCO Municipal Income Oppor 0.22% 12,000 $544K No change
MSI Motorola Solutions Inc. 0.22% 1,402 $539K Reduce -0.2%
BNDX Vanguard Total Intl Bond ETF 0.21% 10,897 $527K Add +53.2%
APA Apa Corp. 0.21% 21,405 $524K Add +6.8%
CNP Centerpoint Energy Inc. 0.21% 13,548 $519K No change
CB Chubb Ltd. 0.21% 1,647 $516K Reduce -2.5%
GSLC Goldman Activebeta US LC ETF 0.21% 3,851 $510K No change
TT Trane Technologies PLC 0.21% 1,305 $508K Add +0.2%
PFE Pfizer Inc. 0.20% 20,004 $498K Reduce -0.3%
IWB iShares Russell 1000 ETF 0.20% 1,299 $485K No change
HD Home Depot Inc. 0.19% 1,390 $478K Add +2.7%
META Meta Platforms Inc. Class A 0.19% 697 $460K Add +4.0%
SRLN SS Blackstone Sr Loan ETF 0.17% 10,372 $428K Add +22.1%
HIG Hartford Insurance Group Inc. 0.17% 3,000 $415K No change
SPLV Invesco S&P 500 Low Volatili 0.17% 5,803 $414K Reduce -2.1%
XLV SS Health Care Select Sector 0.17% 2,638 $408K Add +0.1%
MRK Merck & Co. Inc. 0.16% 3,720 $395K Reduce -6.7%
CSCO Cisco Systems Inc. 0.15% 4,899 $377K Reduce -5.0%
JCI Johnson Controls Internation 0.15% 3,115 $374K Add +0.1%
HDEF Xtrackers MSCI Eafe High Div 0.15% 11,874 $368K Add +39.4%
ADP Automatic Data Processing 0.15% 1,412 $366K Add +0.1%
VZ Verizon Communications Inc. 0.15% 8,931 $364K Reduce -0.9%
ICSH iShares Ultra Short Duration 0.15% 7,100 $359K Add +37.7%
BSV Vanguard Short-Term Bond ETF 0.15% 4,541 $358K Add +37.0%
WM Waste Management Inc. 0.14% 1,624 $357K Add +0.8%
CRM Salesforce Inc. 0.14% 1,343 $356K Add +0.9%
SCHF Schwab Intl Equity ETF 0.14% 14,665 $353K Reduce -0.2%
IYG iShares U.S. Financial Servi 0.14% 3,687 $340K Add +0.1%
QCOM Qualcomm Inc. 0.14% 1,986 $340K Add +2.6%
THRO iShares U.S. Thematic Rotati 0.14% 8,793 $339K New
MU Micron Technology Inc. 0.14% 1,169 $334K Reduce -5.0%
UNM Unum Group 0.13% 4,190 $325K No change
JPIB JPMorgan Intl BND ETF 0.13% 6,482 $317K Reduce -2.9%
SDY SS SPDR S&P Dividend ETF 0.13% 2,267 $315K Reduce -0.2%
DJAN FT Vest U.S. Equity Deep Buf 0.13% 7,216 $313K Reduce -0.0%
FXH First Trust Health Care Alph 0.13% 2,740 $312K No change
INTF iShares International Equity 0.13% 8,217 $310K Add +2.8%
CALF PCR US SM CP CSH CWS ETF-Usd 0.13% 6,893 $308K Reduce -10.8%
AGG iShares Core U.S. Aggregate 0.12% 3,058 $305K No change
V Visa Inc. Class A 0.12% 858 $301K No change
XLY SS Consumer Disc Select Sect 0.12% 2,458 $294K Add +0.3%
SCHM Schwab US Mid Cap ETF 0.11% 9,331 $281K No change
GOLY Strategy Shares Gold Enhance 0.11% 7,850 $274K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.11% 1,770 $272K Reduce -2.4%
XLI SS Industrial Select Sector 0.11% 1,752 $272K Add +4.0%
JEPI JPMorgan Equity Premium Inco 0.11% 4,631 $267K Add +29.0%
XLE SS Energy Select Sector 0.11% 5,914 $264K Add +0.2%
MDT Medtronic PLC 0.11% 2,688 $260K Reduce -2.4%
FDVV Fidelity High Dividend ETF 0.10% 4,497 $255K New
EFA iShares MSCI Eafe ETF 0.10% 2,623 $252K Reduce -1.1%
WBS Webster Financial Corp. 0.10% 4,000 $252K No change
XLC SS Comm Select Sector SPDR 0.10% 2,135 $251K Add +3.7%
DRI Darden Restaurants Inc. 0.10% 1,353 $249K Reduce -0.7%
TSLA Tesla Inc. 0.10% 552 $248K Add +5.8%
UNH Unitedhealth Group Inc. 0.10% 748 $247K Reduce -0.1%
CVX Chevron Corp. 0.10% 1,616 $246K Reduce -2.4%
JXN Jackson Financial Inc. Class A 0.10% 2,300 $245K Add +4.5%
NI Nisource Inc. 0.10% 5,826 $243K No change
POR Portland General Electric Co. 0.10% 5,000 $243K No change
DGRO iShares Core Dividend Growth 0.09% 3,365 $234K New
APD Air Products & Chemicals Inc. 0.09% 945 $233K Add +0.2%
ICE Intercontinental Exchange Inc. 0.09% 1,431 $232K Add +2.4%
KO The Coca-Cola Co. 0.09% 3,285 $230K Reduce -4.6%
ABBV Abbvie Inc. 0.09% 988 $226K Reduce -4.5%
XLK SS Technology Select Sector 0.09% 1,544 $222K New
VOE Vngrd Mrngstr MD-Cap Val ETF 0.09% 1,203 $213K New
SPGI S&P Global Inc. 0.08% 398 $208K New
MIRM Mirum Pharmaceuticals Inc. 0.08% 2,600 $205K New
SCHB Schwab US Broad Market ETF 0.08% 7,800 $205K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $889K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 700$889KNo change

Total filed on the 13F, all lines: $246.9M.

Portfolio Sells Q3 2025 → Q4 2025
IWF iShares Russell 1000 Growth Reduce -1.2% 10.47% −0.58
VXUS Vanguard Total Intl Stock Reduce -5.9% 5.25% −0.48
JPM JPMorgan Chase & Co. Reduce -1.1% 5.23% −0.23
BND Vanguard Total Bond Market Sold out 0.00% −0.14
MSFT Microsoft Corp. Reduce -2.2% 0.88% −0.14
MPC Marathon Petroleum Corp. Reduce -0.1% 0.53% −0.13
VXF Vanguard Extended Market ETF Reduce -0.6% 2.01% −0.12
RJF Raymond James Financial Inc. Reduce -19.9% 0.26% −0.11
ORCL Oracle Corp. Sold out 0.00% −0.10
ETN Eaton Corp. PLC Reduce -1.1% 0.38% −0.10
AZO AutoZone Inc. Sold out 0.00% −0.09
AEE Ameren Corporation Sold out 0.00% −0.09
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.09
SPMO Invesco S&P 500 Momentum ETF Reduce -0.0% 1.20% −0.08
FTCS First Trust Capital Strength Reduce -1.0% 1.07% −0.08
USHY iShares Broad Usd High Yield Reduce -6.0% 0.51% −0.07
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -1.0% 0.82% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.1% 2.09% −0.06
IJH iShares Core S&P Midcap ETF Reduce -0.7% 1.24% −0.06
SPHQ Invesco S&P 500 Quality ETF Reduce -0.8% 1.61% −0.06
MSI Motorola Solutions Inc. Reduce -0.2% 0.22% −0.06
FDL First Trust Morn DVD Lead Inc. Reduce -0.6% 1.14% −0.04
USMV iShares MSCI USA Min Vol Fac Reduce -0.6% 0.56% −0.04
VIG Vanguard Dividend Apprec ETF Reduce -0.1% 0.83% −0.03
FEX First Trust Large Cap Core A Reduce -2.1% 0.46% −0.03
UNP Union Pacific Corp. Reduce -1.0% 0.28% −0.03
DMAR FT Vest US Equity Deep Buffe Reduce -0.9% 0.58% −0.02
FVD First Trust Value Line DVD Reduce -2.5% 0.26% −0.02
VZ Verizon Communications Inc. Reduce -0.9% 0.15% −0.02
ALL Allstate Corp. Reduce -0.1% 0.24% −0.02
IJR iShares Core S&P Small-Cap E Reduce -2.5% 0.30% −0.02
CALF PCR US SM CP CSH CWS ETF-Usd Reduce -10.8% 0.13% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -0.6% 0.55% −0.02
ITOT iShares Core S&P Total U.S. Reduce -3.3% 0.27% −0.02
SPLV Invesco S&P 500 Low Volatili Reduce -2.1% 0.17% −0.02
VTEB Vanguard Tax-Exempt Bond ETF Reduce -0.5% 0.31% −0.02
PFE Pfizer Inc. Reduce -0.3% 0.20% −0.02
VT Vanguard Tot World STK ETF Reduce -3.9% 0.23% −0.02
IWD iShares Russell 1000 Value E Reduce -0.8% 0.54% −0.02
AMZN Amazon.com Inc. Reduce -4.6% 0.28% −0.01
CME Cme Group Inc. Reduce -0.7% 0.23% −0.01
DMAY FT Vest US Equity Deep Buffe Reduce -0.7% 0.28% −0.01
JPIB JPMorgan Intl BND ETF Reduce -2.9% 0.13% −0.01
ABBV Abbvie Inc. Reduce -4.5% 0.09% −0.01
UNH Unitedhealth Group Inc. Reduce -0.1% 0.10% −0.01
CVX Chevron Corp. Reduce -2.4% 0.10% −0.01
DRI Darden Restaurants Inc. Reduce -0.7% 0.10% −0.01
VYM Vanguard High DVD Yield ETF Reduce -0.1% 0.28% −0.01
SDY SS SPDR S&P Dividend ETF Reduce -0.2% 0.13% −0.01
MDT Medtronic PLC Reduce -2.4% 0.11% −0.01

Portfolio Buys Q3 2025 → Q4 2025
LLY Eli Lilly & Co. Add +12.2% 4.74% +1.58
DYNF Ishrs US E F R A ETF-Usd Inc. Add +87.2% 1.05% +0.47
SFLR Innovator Eqty MGD Floor ETF Add +5.7% 6.54% +0.16
GOOGL Alphabet Inc. Class A Add +5.4% 0.71% +0.16
QDPL Pacer Met US LRG Cap DVD 400 Add +40.0% 0.62% +0.16
THRO iShares U.S. Thematic Rotati New 0.14% +0.14
GOLY Strategy Shares Gold Enhance New 0.11% +0.11
FDVV Fidelity High Dividend ETF New 0.10% +0.10
EMGF iShares Emerging Markets Equ Add +30.2% 0.49% +0.10
DGRO iShares Core Dividend Growth New 0.09% +0.09
XLK SS Technology Select Sector New 0.09% +0.09
VOE Vngrd Mrngstr MD-Cap Val ETF New 0.09% +0.09
SPGI S&P Global Inc. New 0.08% +0.08
MIRM Mirum Pharmaceuticals Inc. New 0.08% +0.08
NBSD Neuberger Short Duration Inc. Add +38.9% 0.32% +0.08
JHMM John Hancock Multi Fact Mid Add +9.7% 1.26% +0.06
BNDX Vanguard Total Intl Bond ETF Add +53.2% 0.21% +0.06
COWZ Pacer US Cash Cows 100 ETF Add +25.3% 0.24% +0.05
AAPL Apple Inc. Add +1.8% 1.62% +0.05
HDEF Xtrackers MSCI Eafe High Div Add +39.4% 0.15% +0.04
NVDA Nvidia Corp. Add +11.7% 0.64% +0.04
ICSH iShares Ultra Short Duration Add +37.7% 0.15% +0.03
BSV Vanguard Short-Term Bond ETF Add +37.0% 0.15% +0.03
SRLN SS Blackstone Sr Loan ETF Add +22.1% 0.17% +0.02
JNJ Johnson & Johnson Add +0.6% 0.35% +0.02
JEPI JPMorgan Equity Premium Inco Add +29.0% 0.11% +0.02
PRU Prudential Financial Inc. Add +0.9% 0.46% +0.02
VTV Vanguard Mrngstr Val ETF-Aui Add +3.7% 6.13% +0.01
CRM Salesforce Inc. Add +0.9% 0.14% +0.01
XLV SS Health Care Select Sector Add +0.1% 0.17% +0.01
JCI Johnson Controls Internation Add +0.1% 0.15% +0.01
JXN Jackson Financial Inc. Class A Add +4.5% 0.10% +0.00
APA Apa Corp. Add +6.8% 0.21% +0.00
INTF iShares International Equity Add +2.8% 0.13% +0.00
AVGO Broadcom Inc. Add +0.8% 0.50% +0.00
TSLA Tesla Inc. Add +5.8% 0.10% +0.00
QCOM Qualcomm Inc. Add +2.6% 0.14% +0.00
XLI SS Industrial Select Sector Add +4.0% 0.11% −0.00
XLC SS Comm Select Sector SPDR Add +3.7% 0.10% −0.00
IYG iShares U.S. Financial Servi Add +0.1% 0.14% −0.00
XLE SS Energy Select Sector Add +0.2% 0.11% −0.01
XLY SS Consumer Disc Select Sect Add +0.3% 0.12% −0.01
ICE Intercontinental Exchange Inc. Add +2.4% 0.09% −0.01
WM Waste Management Inc. Add +0.8% 0.14% −0.01
IYW iShares Ustechnology ETF Add +0.2% 0.32% −0.01
APD Air Products & Chemicals Inc. Add +0.2% 0.09% −0.02
META Meta Platforms Inc. Class A Add +4.0% 0.19% −0.02
BINC iShares Flex I A ETF-Usd Inc. Add +4.1% 1.34% −0.03
TT Trane Technologies PLC Add +0.2% 0.21% −0.03
ADP Automatic Data Processing Add +0.1% 0.15% −0.03

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