Welch Financial Planning

BOULDER, COfiles as Welch Financial Planning, LLC

$172m in 71 US stocks at the end of 30 June 2026. The top 10 are 61.7% of the money. It changed about 18.1% of the portfolio this quarter.

Value

$172m

Stocks

Top 10 share

61.7%

Turnover

18.1%

What changed this quarter

New

Bought for the first time this quarter.

Invesco Exchange Traded FD TPWB
5.2% of the fund
Calamos ETF TRCAIQ
0.7% of the fund
CaterpillarCAT
0.3% of the fund
Principal Exchange Traded FDPSC
0.2% of the fund
Vanguard Index FDSVUG
0.2% of the fund
IntelINTC
0.2% of the fund
Vanguard Index FDSVTI
0.2% of the fund
Lam ResearchLRCX
0.2% of the fund
Innovator Etfs TrustNJUL
0.1% of the fund
Spdr Series TrustSDY
0.1% of the fund

Added

Bought more of a stock they already held.

Select Sector Spdr TRXLK
10.7% of the fund
+5%
Invesco Exch Traded FD TR IIIDMO
6.0% of the fund
+60%
Managed Portfolio SERLST
6.0% of the fund
+7%
Spdr Index SHS FDSEWX
3.8% of the fund
+4%
AppleAAPL
3.3% of the fund
+108%
Innovator Etfs TrustXDQQ
2.2% of the fund
+10%
Innovator Etfs TrustDDFJ
1.8% of the fund
+901%
Innovator Etfs TrustDDFF
1.6% of the fund
+977%
Ishares TRSOXX
1.4% of the fund
+125%
Ares CapitalARCC
1.2% of the fund
+165%
Innovator Etfs Trust US Eqty AccelrtdXTOC
1.1% of the fund
+14%
AB Active EtfsYEAR
1.0% of the fund
+25%
NvidiaNVDA
0.6% of the fund
+24%
AlphabetGOOGL
0.6% of the fund
+13%
AlphabetGOOG
0.6% of the fund
+4%
Innovator Etfs TrustXBAP
0.6% of the fund
+13%
BroadcomAVGO
0.4% of the fund
+126%
Amazon.comAMZN
0.3% of the fund
+22%
JPMorgan ChaseJPM
0.3% of the fund
+43%
Costco WholesaleCOST
0.2% of the fund
+14%
Eli LillyLLY
0.2% of the fund
+7%
WalmartWMT
0.1% of the fund
+13%

Cut

Sold some of their stake.

J P Morgan Exchange Traded FJTEK
5.1% of the fund
-11%
J P Morgan Exchange Traded FJGRO
4.8% of the fund
-40%
Amplify ETF TRDIVO
1.4% of the fund
-32%
Innovator Etfs TrustDDFS
1.1% of the fund
-45%
Innovator Etfs TrustDDFL
1.1% of the fund
-31%
Innovator Etfs TrustXBJL
1.0% of the fund
-75%
Bluerock Private Real Estate FundBPRE
0.5% of the fund
-13%
MicrosoftMSFT
0.4% of the fund
-15%
AbbVieABBV
0.3% of the fund
-4%
Innovator Etfs TrustDDFN
0.3% of the fund
-4%
Innovator Etfs TrustDDFM
0.2% of the fund
-5%
Procter & GamblePG
0.1% of the fund
-12%
Innovator Etfs TrustDDFD
0.1% of the fund
-87%

Sold out

Sold their entire stake.

Themes ETF TRWISE
-100%
Innovator Etfs TrustXTJA
-100%
Innovator Etfs Trust Grwt Accltd PlusQTJA
-100%
Matthews Asia FDSMEM
-100%
ExxonMobil HoldingsXOM
-100%
AgoraAPI
-100%

Holdings

Select Sector Spdr TRXLK
Share
10.7%
Value
$18m
Shares
96,704
+5%
Ishares TRDIVB
Share
8.4%
Value
$14m
Shares
234,487
Held
BoeingBA
Share
7.4%
Value
$13m
Shares
58,924
Held
Invesco Exch Traded FD TR IIIDMO
Share
6.0%
Value
$10m
Shares
170,302
+60%
Managed Portfolio SERLST
Share
6.0%
Value
$10m
Shares
218,880
+7%
Invesco Exchange Traded FD TPWB
Share
5.2%
Value
$9m
Shares
53,401
New
J P Morgan Exchange Traded FJTEK
Share
5.1%
Value
$9m
Shares
78,989
-11%
J P Morgan Exchange Traded FJGRO
Share
4.8%
Value
$8m
Shares
83,186
-40%
Cambria ETF TREYLD
Share
4.3%
Value
$7m
Shares
161,416
Held
Spdr Index SHS FDSEWX
Share
3.8%
Value
$7m
Shares
87,734
+4%
AppleAAPL
Share
3.3%
Value
$6m
Shares
19,497
+108%
Wisdomtree TREMMF
Share
2.7%
Value
$5m
Shares
120,873
Held
Innovator Etfs TrustXDQQ
Share
2.2%
Value
$4m
Shares
93,752
+10%
Berkshire HathawayBRK-B
Share
1.9%
Value
$3m
Shares
6,641
Held
Innovator Etfs TrustDDFJ
Share
1.8%
Value
$3m
Shares
153,661
+901%
Innovator Etfs TrustDDFF
Share
1.6%
Value
$3m
Shares
138,955
+977%
Amplify ETF TRDIVO
Share
1.4%
Value
$2m
Shares
53,408
-32%
Ishares TRSOXX
Share
1.4%
Value
$2m
Shares
3,784
+125%
Matthews Asia FDSMCH
Share
1.3%
Value
$2m
Shares
78,715
Held
Ares CapitalARCC
Share
1.2%
Value
$2m
Shares
110,981
+165%
Innovator Etfs TrustDDFS
Share
1.1%
Value
$2m
Shares
89,586
-45%
Innovator Etfs Trust US Eqty AccelrtdXTOC
Share
1.1%
Value
$2m
Shares
53,644
+14%
Innovator Etfs TrustDDFL
Share
1.1%
Value
$2m
Shares
85,711
-31%
Innovator Etfs TrustXBJL
Share
1.0%
Value
$2m
Shares
43,752
-75%
AB Active EtfsYEAR
Share
1.0%
Value
$2m
Shares
32,683
+25%
Calamos ETF TRCAIQ
Share
0.7%
Value
$1m
Shares
44,838
New
NvidiaNVDA
Share
0.6%
Value
$1m
Shares
5,545
+24%
AlphabetGOOGL
Share
0.6%
Value
$1m
Shares
2,996
+13%
AlphabetGOOG
Share
0.6%
Value
$1m
Shares
2,920
+4%
Innovator Etfs TrustXBAP
Share
0.6%
Value
$1m
Shares
23,939
+13%
Themes ETF TR
Share
0.6%
Value
$947,950
Shares
24,483
Held
Innovator Etfs TrustXBOC
Share
0.5%
Value
$931,786
Shares
26,229
Held
Innovator Etfs TrustPJUL
Share
0.5%
Value
$881,606
Shares
18,062
Held
Bluerock Private Real Estate FundBPRE
Share
0.5%
Value
$804,421
Shares
61,831
-13%
Innovator Etfs TrustQTOC
Share
0.4%
Value
$766,496
Shares
20,177
Held
BroadcomAVGO
Share
0.4%
Value
$763,920
Shares
2,022
+126%
Innovator Etfs TrustDDFO
Share
0.4%
Value
$735,919
Shares
32,693
Held
MicrosoftMSFT
Share
0.4%
Value
$699,374
Shares
1,875
-15%
Vaneck ETF TrustSMH
Share
0.4%
Value
$662,449
Shares
1,010
Held
BallBALL
Share
0.3%
Value
$573,019
Shares
9,183
Held
AbbVieABBV
Share
0.3%
Value
$564,344
Shares
2,243
-4%
Innovator Etfs TrustXBJA
Share
0.3%
Value
$563,766
Shares
16,677
Held
Amazon.comAMZN
Share
0.3%
Value
$540,093
Shares
2,266
+22%
Johnson & JohnsonJNJ
Share
0.3%
Value
$526,972
Shares
2,075
Held
JPMorgan ChaseJPM
Share
0.3%
Value
$454,661
Shares
1,389
+43%
Doubleline ETF TrustDMBS
Share
0.3%
Value
$452,065
Shares
9,209
Held
US BancorpUSB
Share
0.3%
Value
$444,061
Shares
7,352
Held
Innovator Etfs TrustDDFN
Share
0.3%
Value
$439,607
Shares
21,898
-4%
Pacer FDS TRCOWZ
Share
0.3%
Value
$439,567
Shares
7,067
Held
CaterpillarCAT
Share
0.3%
Value
$429,339
Shares
403
New
Costco WholesaleCOST
Share
0.2%
Value
$398,024
Shares
425
+14%
Eli LillyLLY
Share
0.2%
Value
$375,299
Shares
313
+7%
Innovator Etfs TrustDDFM
Share
0.2%
Value
$365,897
Shares
18,527
-5%
J P Morgan Exchange Traded FJEPI
Share
0.2%
Value
$338,033
Shares
5,985
Held
Principal Exchange Traded FDPSC
Share
0.2%
Value
$323,553
Shares
4,614
New
Advanced Drainage SystemsWMS
Share
0.2%
Value
$313,920
Shares
2,000
Held
Vanguard Index FDSVUG
Share
0.2%
Value
$306,113
Shares
3,554
New
IntelINTC
Share
0.2%
Value
$300,491
Shares
2,152
New
Innovator Etfs TrustPOCT
Share
0.2%
Value
$297,720
Shares
6,415
Held
Vanguard Index FDSVTI
Share
0.2%
Value
$295,789
Shares
799
New
Lam ResearchLRCX
Share
0.2%
Value
$289,898
Shares
669
New
Novartis AGNVS
Share
0.2%
Value
$286,014
Shares
1,825
Held
Ishares TRIVV
Share
0.2%
Value
$263,038
Shares
351
Held
J P Morgan Exchange Traded FJEPQ
Share
0.1%
Value
$254,383
Shares
4,139
Held
Procter & GamblePG
Share
0.1%
Value
$254,280
Shares
1,734
-12%
Schwab Strategic TRSCHG
Share
0.1%
Value
$250,145
Shares
7,392
Held
Innovator Etfs TrustQFLR
Share
0.1%
Value
$245,583
Shares
6,732
Held
Innovator Etfs TrustDDFD
Share
0.1%
Value
$239,930
Shares
12,010
-87%
Innovator Etfs TrustNJUL
Share
0.1%
Value
$216,727
Shares
2,799
New
WalmartWMT
Share
0.1%
Value
$208,879
Shares
1,844
+13%
Spdr Series TrustSDY
Share
0.1%
Value
$206,204
Shares
1,355
New

Company	Share of fund	Value	Shares	Change
Select Sector Spdr TRXLK	10.7%	$18m	96,704	+5%
Ishares TRDIVB	8.4%	$14m	234,487	Held
BoeingBA	7.4%	$13m	58,924	Held
Invesco Exch Traded FD TR IIIDMO	6.0%	$10m	170,302	+60%
Managed Portfolio SERLST	6.0%	$10m	218,880	+7%
Invesco Exchange Traded FD TPWB	5.2%	$9m	53,401	New
J P Morgan Exchange Traded FJTEK	5.1%	$9m	78,989	-11%
J P Morgan Exchange Traded FJGRO	4.8%	$8m	83,186	-40%
Cambria ETF TREYLD	4.3%	$7m	161,416	Held
Spdr Index SHS FDSEWX	3.8%	$7m	87,734	+4%
AppleAAPL	3.3%	$6m	19,497	+108%
Wisdomtree TREMMF	2.7%	$5m	120,873	Held
Innovator Etfs TrustXDQQ	2.2%	$4m	93,752	+10%
Berkshire HathawayBRK-B	1.9%	$3m	6,641	Held
Innovator Etfs TrustDDFJ	1.8%	$3m	153,661	+901%
Innovator Etfs TrustDDFF	1.6%	$3m	138,955	+977%
Amplify ETF TRDIVO	1.4%	$2m	53,408	-32%
Ishares TRSOXX	1.4%	$2m	3,784	+125%
Matthews Asia FDSMCH	1.3%	$2m	78,715	Held
Ares CapitalARCC	1.2%	$2m	110,981	+165%
Innovator Etfs TrustDDFS	1.1%	$2m	89,586	-45%
Innovator Etfs Trust US Eqty AccelrtdXTOC	1.1%	$2m	53,644	+14%
Innovator Etfs TrustDDFL	1.1%	$2m	85,711	-31%
Innovator Etfs TrustXBJL	1.0%	$2m	43,752	-75%
AB Active EtfsYEAR	1.0%	$2m	32,683	+25%
Calamos ETF TRCAIQ	0.7%	$1m	44,838	New
NvidiaNVDA	0.6%	$1m	5,545	+24%
AlphabetGOOGL	0.6%	$1m	2,996	+13%
AlphabetGOOG	0.6%	$1m	2,920	+4%
Innovator Etfs TrustXBAP	0.6%	$1m	23,939	+13%
Themes ETF TR	0.6%	$947,950	24,483	Held
Innovator Etfs TrustXBOC	0.5%	$931,786	26,229	Held
Innovator Etfs TrustPJUL	0.5%	$881,606	18,062	Held
Bluerock Private Real Estate FundBPRE	0.5%	$804,421	61,831	-13%
Innovator Etfs TrustQTOC	0.4%	$766,496	20,177	Held
BroadcomAVGO	0.4%	$763,920	2,022	+126%
Innovator Etfs TrustDDFO	0.4%	$735,919	32,693	Held
MicrosoftMSFT	0.4%	$699,374	1,875	-15%
Vaneck ETF TrustSMH	0.4%	$662,449	1,010	Held
BallBALL	0.3%	$573,019	9,183	Held
AbbVieABBV	0.3%	$564,344	2,243	-4%
Innovator Etfs TrustXBJA	0.3%	$563,766	16,677	Held
Amazon.comAMZN	0.3%	$540,093	2,266	+22%
Johnson & JohnsonJNJ	0.3%	$526,972	2,075	Held
JPMorgan ChaseJPM	0.3%	$454,661	1,389	+43%
Doubleline ETF TrustDMBS	0.3%	$452,065	9,209	Held
US BancorpUSB	0.3%	$444,061	7,352	Held
Innovator Etfs TrustDDFN	0.3%	$439,607	21,898	-4%
Pacer FDS TRCOWZ	0.3%	$439,567	7,067	Held
CaterpillarCAT	0.3%	$429,339	403	New
Costco WholesaleCOST	0.2%	$398,024	425	+14%
Eli LillyLLY	0.2%	$375,299	313	+7%
Innovator Etfs TrustDDFM	0.2%	$365,897	18,527	-5%
J P Morgan Exchange Traded FJEPI	0.2%	$338,033	5,985	Held
Principal Exchange Traded FDPSC	0.2%	$323,553	4,614	New
Advanced Drainage SystemsWMS	0.2%	$313,920	2,000	Held
Vanguard Index FDSVUG	0.2%	$306,113	3,554	New
IntelINTC	0.2%	$300,491	2,152	New
Innovator Etfs TrustPOCT	0.2%	$297,720	6,415	Held
Vanguard Index FDSVTI	0.2%	$295,789	799	New
Lam ResearchLRCX	0.2%	$289,898	669	New
Novartis AGNVS	0.2%	$286,014	1,825	Held
Ishares TRIVV	0.2%	$263,038	351	Held
J P Morgan Exchange Traded FJEPQ	0.1%	$254,383	4,139	Held
Procter & GamblePG	0.1%	$254,280	1,734	-12%
Schwab Strategic TRSCHG	0.1%	$250,145	7,392	Held
Innovator Etfs TrustQFLR	0.1%	$245,583	6,732	Held
Innovator Etfs TrustDDFD	0.1%	$239,930	12,010	-87%
Innovator Etfs TrustNJUL	0.1%	$216,727	2,799	New
WalmartWMT	0.1%	$208,879	1,844	+13%
Spdr Series TrustSDY	0.1%	$206,204	1,355	New

Over time and by industry

Value over time

Dec '25

Jun '26

Value is up 25.0% since 31 December 2025.

Where the money is

Industrials7.9%

Technology5.1%

Financial services2.5%

Media & telecom1.2%

Health care1.0%

Everyday goods0.5%

Materials0.3%

Retail & consumer0.3%

Other81.1%

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.