Goelzer Investment Management
CARMEL, INfiles as Goelzer Investment Management, Inc.
$2.3bn in 314 US stocks at the end of 30 June 2026. The top 10 are 53.1% of the money. It changed about 9.0% of the portfolio this quarter.
Value
$2.3bn
Stocks
314
Top 10 share
53.1%
Turnover
9.0%
What changed this quarter
New
Bought for the first time this quarter.
- Nushares ETF TRNUGO1.1% of the fund
- Baker HughesBKR0.1% of the fund
- Honeywell InternationalHON0.1% of the fund
- Honeywell AerospaceHONA0.1% of the fund
- DexcomDXCM<0.1% of the fund
- eBayEBAY<0.1% of the fund
- EMCOR GroupEME<0.1% of the fund
- Devon EnergyDVN<0.1% of the fund
- Micron TechnologyMU<0.1% of the fund
- IntelINTC<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- Nuveen AMT-Free Municipal Value FundNUW<0.1% of the fund
- Spdr Series TrustXNTK<0.1% of the fund
- Dimensional ETF TrustDFAI<0.1% of the fund
- Janus Detroit STR TRJSI<0.1% of the fund
- VersigentVGNT<0.1% of the fund
- Applied MaterialsAMAT<0.1% of the fund
- Seagate Technology HoldingsSTX<0.1% of the fund
- BlackstoneBX<0.1% of the fund
- Texas InstrumentsTXN<0.1% of the fund
- Matthews Asia FDSMINV<0.1% of the fund
- Qnity ElectronicsQ<0.1% of the fund
- Hewlett Packard EnterpriseHPE<0.1% of the fund
- GE VernovaGEV<0.1% of the fund
- JabilJBL<0.1% of the fund
Added
Bought more of a stock they already held.
- BroadcomAVGO2.0% of the fund+8%
- JPMorgan ChaseJPM1.1% of the fund+10%
- RTXRTX0.5% of the fund+19%
- Janus Detroit STR TRJAAA0.3% of the fund+9%
- Philip Morris InternationalPM0.2% of the fund+532%
- J P Morgan Exchange Traded FJMST<0.1% of the fund+40%
- BorgwarnerBWA<0.1% of the fund+318%
- Select Sector Spdr TRXLK<0.1% of the fund+4%
- Motorola SolutionsMSI<0.1% of the fund+8%
- Ishares TRQUAL<0.1% of the fund+11%
- Advanced Micro DevicesAMD<0.1% of the fund+8%
- Taiwan Semiconductor ManufacturingTSM<0.1% of the fund+5%
- OracleORCL<0.1% of the fund+3%
- Ishares TRAGZ<0.1% of the fund+6%
- Emerson ElectricEMR<0.1% of the fund+4%
- Select Sector Spdr TRXLI<0.1% of the fund+6%
- Goldman Sachs GroupGS<0.1% of the fund+13%
- Ishares TRIVE<0.1% of the fund+13%
- Ishares TREFV<0.1% of the fund+12%
- Vanguard Index FDSVOT<0.1% of the fund+4%
- Vanguard World FDVHT<0.1% of the fund+17%
- General ElectricGE<0.1% of the fund+20%
- Ishares TRIGM<0.1% of the fund+11%
- Ishares TREFG<0.1% of the fund+21%
- Blackrock ETF TrustDYNF<0.1% of the fund+18%
Cut
Sold some of their stake.
- Schwab Strategic TRSCHF2.1% of the fund-6%
- AppleAAPL2.0% of the fund-4%
- Spdr Series TrustSLYV1.8% of the fund-53%
- MicrosoftMSFT1.3% of the fund-4%
- AlphabetGOOG1.3% of the fund-5%
- NvidiaNVDA1.0% of the fund-4%
- Ishares TRIJR1.0% of the fund-4%
- ExxonMobil HoldingsXOM0.9% of the fund-3%
- EatonETN0.9% of the fund-3%
- CaterpillarCAT0.9% of the fund-6%
- Ishares TRTLH0.7% of the fund-4%
- Analog DevicesADI0.7% of the fund-3%
- AbbVieABBV0.7% of the fund-4%
- MerckMRK0.7% of the fund-3%
- Cisco SystemsCSCO0.6% of the fund-4%
- Janus Detroit STR TRJMBS0.6% of the fund-4%
- QualcommQCOM0.6% of the fund-4%
- ChevronCVX0.6% of the fund-5%
- Johnson & JohnsonJNJ0.6% of the fund-3%
- Lockheed MartinLMT0.6% of the fund-2%
- Bank of AmericaBAC0.6% of the fund-6%
- Ishares TRIGSB0.5% of the fund-6%
- Omega Healthcare InvestorsOHI0.5% of the fund-26%
- Principal Financial GroupPFG0.5% of the fund-4%
- Travelers CompaniesTRV0.5% of the fund-4%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- Coterra EnergyCTRA-100%
- Veeva SystemsVEEV-100%
- ZoetisZTS-100%
- Vanguard Whitehall FDSVYM-100%
- Spdr Gold TRGLD-100%
- Chart Inds-100%
- AdobeADBE-100%
- Spdr Series TrustSDY-100%
- ShellSHEL-100%
- Lincoln NationalLNC-100%
- Vanguard Index FDSVTV-100%
- Duke EnergyDUK-100%
- Mondelez InternationalMDLZ-100%
- Northrop GrummanNOC-100%
- EQTEQT-100%
- Capital One FinancialCOF-100%
- Ford MotorF-100%
Holdings
- Ishares TRIVV
- Share
- 8.9%
- Value
- $205m
- Shares
- 274,215
Held
- Ishares TRIJH
- Share
- 3.9%
- Value
- $89m
- Shares
- 1,150,363
Held
- Schwab Strategic TRSCHF
- Share
- 2.1%
- Value
- $47m
- Shares
- 1,711,363
-6%
- J P Morgan Exchange Traded FJMTG
- Share
- 1.8%
- Value
- $41m
- Shares
- 807,941
Held
- Spdr Series TrustSLYV
- Share
- 1.8%
- Value
- $41m
- Shares
- 374,631
-53%
- Nushares ETF TRNUGO
- Share
- 1.1%
- Value
- $25m
- Shares
- 578,626
New
- Ishares TRIJR
- Share
- 1.0%
- Value
- $23m
- Shares
- 155,008
-4%
- Ishares TRTLH
- Share
- 0.7%
- Value
- $17m
- Shares
- 169,041
-4%
- Janus Detroit STR TRJMBS
- Share
- 0.6%
- Value
- $14m
- Shares
- 320,242
-4%
- Ishares TRIGSB
- Share
- 0.5%
- Value
- $12m
- Shares
- 238,502
-6%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.5%
- Value
- $11m
- Shares
- 14,827
-5%
- Ishares TRACWX
- Share
- 0.4%
- Value
- $9m
- Shares
- 124,783
Held
- Ishares TRIWD
- Share
- 0.4%
- Value
- $9m
- Shares
- 36,530
-28%
- Ishares TRIVW
- Share
- 0.3%
- Value
- $8m
- Shares
- 58,230
Held
- State STR Spdr S&P Midcap 40MDY
- Share
- 0.3%
- Value
- $7m
- Shares
- 10,292
-5%
- Ishares TRIJK
- Share
- 0.3%
- Value
- $7m
- Shares
- 60,578
-10%
- Pimco ETF TRMUNI
- Share
- 0.3%
- Value
- $7m
- Shares
- 126,159
-11%
- Janus Detroit STR TRJAAA
- Share
- 0.3%
- Value
- $6m
- Shares
- 123,307
+9%
- Ishares TRIGIB
- Share
- 0.3%
- Value
- $6m
- Shares
- 109,441
-7%
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.2%
- Value
- $4m
- Shares
- 6
Held
- Ishares TRIJJ
- Share
- 0.2%
- Value
- $4m
- Shares
- 29,472
-5%
- Ishares TRIWF
- Share
- 0.2%
- Value
- $4m
- Shares
- 31,750
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Eli LillyLLY | 28.1% | $645m | 537,488 | Held |
| Ishares TRIVV | 8.9% | $205m | 274,215 | Held |
| Ishares TRIJH | 3.9% | $89m | 1,150,363 | Held |
| Schwab Strategic TRSCHF | 2.1% | $47m | 1,711,363 | -6% |
| BroadcomAVGO | 2.0% | $45m | 119,112 | +8% |
| AppleAAPL | 2.0% | $45m | 154,703 | -4% |
| J P Morgan Exchange Traded FJMTG | 1.8% | $41m | 807,941 | Held |
| Spdr Series TrustSLYV | 1.8% | $41m | 374,631 | -53% |
| MicrosoftMSFT | 1.3% | $31m | 82,547 | -4% |
| AlphabetGOOG | 1.3% | $31m | 86,369 | -5% |
| Nushares ETF TRNUGO | 1.1% | $25m | 578,626 | New |
| JPMorgan ChaseJPM | 1.1% | $24m | 74,845 | +10% |
| NvidiaNVDA | 1.0% | $24m | 118,649 | -4% |
| Ishares TRIJR | 1.0% | $23m | 155,008 | -4% |
| ExxonMobil HoldingsXOM | 0.9% | $22m | 159,080 | -3% |
| EatonETN | 0.9% | $21m | 48,279 | -3% |
| CaterpillarCAT | 0.9% | $20m | 19,073 | -6% |
| Ishares TRTLH | 0.7% | $17m | 169,041 | -4% |
| Analog DevicesADI | 0.7% | $16m | 40,572 | -3% |
| AbbVieABBV | 0.7% | $16m | 62,744 | -4% |
| MerckMRK | 0.7% | $16m | 122,719 | -3% |
| Cisco SystemsCSCO | 0.6% | $14m | 123,289 | -4% |
| Janus Detroit STR TRJMBS | 0.6% | $14m | 320,242 | -4% |
| QualcommQCOM | 0.6% | $14m | 77,526 | -4% |
| ChevronCVX | 0.6% | $14m | 84,978 | -5% |
| Johnson & JohnsonJNJ | 0.6% | $14m | 55,081 | -3% |
| Lockheed MartinLMT | 0.6% | $13m | 26,274 | -2% |
| Bank of AmericaBAC | 0.6% | $13m | 221,564 | -6% |
| Ishares TRIGSB | 0.5% | $12m | 238,502 | -6% |
| Omega Healthcare InvestorsOHI | 0.5% | $12m | 254,182 | -26% |
| Principal Financial GroupPFG | 0.5% | $12m | 112,394 | -4% |
| Travelers CompaniesTRV | 0.5% | $12m | 36,668 | -4% |
| US BancorpUSB | 0.5% | $12m | 196,550 | -4% |
| NisourceNI | 0.5% | $11m | 236,722 | -4% |
| State STR Spdr S&P 500 ETF TSPY | 0.5% | $11m | 14,827 | -5% |
| RTXRTX | 0.5% | $11m | 56,585 | +19% |
| KLAKLAC | 0.5% | $11m | 35,384 | -10% |
| Amazon.comAMZN | 0.5% | $11m | 44,452 | -17% |
| Citizens Financial GroupCFG | 0.5% | $10m | 149,448 | -3% |
| American Electric PowerAEP | 0.5% | $10m | 75,863 | -3% |
| Palo Alto NetworksPANW | 0.4% | $10m | 30,253 | -6% |
| WalmartWMT | 0.4% | $9m | 83,861 | -20% |
| Ishares TRACWX | 0.4% | $9m | 124,783 | Held |
| Williams SonomaWSM | 0.4% | $9m | 38,444 | -3% |
| VisaV | 0.4% | $9m | 25,824 | -5% |
| Ishares TRIWD | 0.4% | $9m | 36,530 | -28% |
| EnbridgeENB | 0.4% | $9m | 161,878 | -4% |
| Bristol-Myers SquibbBMY | 0.4% | $9m | 150,829 | -4% |
| Wells Fargo & CompanyWFC | 0.4% | $9m | 104,726 | -4% |
| Costco WholesaleCOST | 0.4% | $9m | 9,146 | -5% |
| International Business MachinesIBM | 0.4% | $8m | 30,103 | Held |
| Berkshire HathawayBRK-B | 0.4% | $8m | 16,439 | Held |
| TE ConnectivityTEL | 0.4% | $8m | 40,003 | -3% |
| Ishares TRIVW | 0.3% | $8m | 58,230 | Held |
| Verizon CommunicationsVZ | 0.3% | $8m | 185,390 | -3% |
| EntergyETR | 0.3% | $8m | 67,075 | -3% |
| AstrazenecaAZN | 0.3% | $8m | 40,260 | -3% |
| Procter & GamblePG | 0.3% | $8m | 51,364 | -6% |
| Valero EnergyVLO | 0.3% | $7m | 28,600 | -2% |
| UnitedHealth GroupUNH | 0.3% | $7m | 17,688 | -5% |
| State STR Spdr S&P Midcap 40MDY | 0.3% | $7m | 10,292 | -5% |
| MckessonMCK | 0.3% | $7m | 9,572 | -5% |
| TJX CompaniesTJX | 0.3% | $7m | 47,244 | -3% |
| Ishares TRIJK | 0.3% | $7m | 60,578 | -10% |
| Meta PlatformsMETA | 0.3% | $7m | 12,626 | -3% |
| Union PacificUNP | 0.3% | $7m | 25,476 | -4% |
| Coca-ColaKO | 0.3% | $7m | 84,750 | -3% |
| Farmers & Merchants BancorpFMAO | 0.3% | $7m | 223,604 | -32% |
| PepsiCoPEP | 0.3% | $7m | 50,053 | -4% |
| Rio TintoRIO | 0.3% | $7m | 70,411 | -3% |
| Pimco ETF TRMUNI | 0.3% | $7m | 126,159 | -11% |
| Lam ResearchLRCX | 0.3% | $7m | 15,226 | -5% |
| CorningGLW | 0.3% | $7m | 25,488 | -23% |
| Stanley Black & DeckerSWK | 0.3% | $6m | 68,277 | -4% |
| SyscoSYY | 0.3% | $6m | 76,183 | Held |
| Janus Detroit STR TRJAAA | 0.3% | $6m | 123,307 | +9% |
| Johnson Controls InternationalJCI | 0.3% | $6m | 41,995 | -6% |
| GentexGNTX | 0.3% | $6m | 231,523 | -3% |
| Ishares TRIGIB | 0.3% | $6m | 109,441 | -7% |
| Prudential FinancialPRU | 0.3% | $6m | 53,787 | -4% |
| Southern CompanySO | 0.2% | $5m | 56,100 | -3% |
| Air Products & ChemicalsAPD | 0.2% | $5m | 18,269 | -4% |
| MedtronicMDT | 0.2% | $5m | 68,242 | -6% |
| Fifth Third BancorpFITB | 0.2% | $5m | 93,176 | -9% |
| Lowe's CompaniesLOW | 0.2% | $5m | 23,802 | -6% |
| Dell TechnologiesDELL | 0.2% | $5m | 11,568 | -4% |
| Home DepotHD | 0.2% | $5m | 13,869 | -9% |
| Hanover Insurance GroupTHG | 0.2% | $5m | 22,529 | -3% |
| CortevaCTVA | 0.2% | $5m | 55,553 | -7% |
| AlphabetGOOGL | 0.2% | $5m | 12,939 | -4% |
| TargetTGT | 0.2% | $5m | 34,608 | -5% |
| MastercardMA | 0.2% | $4m | 8,749 | -5% |
| Berkshire Hathaway INC DELBRK-A | 0.2% | $4m | 6 | Held |
| Arista NetworksANET | 0.2% | $4m | 25,815 | -36% |
| Ishares TRIJJ | 0.2% | $4m | 29,472 | -5% |
| McDonald'sMCD | 0.2% | $4m | 15,915 | -4% |
| PfizerPFE | 0.2% | $4m | 170,730 | -6% |
| American ExpressAXP | 0.2% | $4m | 12,070 | -9% |
| Ishares TRIWF | 0.2% | $4m | 31,750 | Held |
| Cigna GroupCI | 0.2% | $4m | 14,165 | -6% |
Showing the largest 100 of 314.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 25.7% since 30 June 2025.
Where the money is
Health care32.6%
Technology11.6%
Financial services7.2%
Industrials5.3%
Energy2.9%
Retail & consumer2.8%
Media & telecom2.7%
Everyday goods2.6%
Utilities1.8%
Materials1.0%
Real estate0.7%
Other28.8%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.