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Asset Manager ← All Institutions

Goelzer Investment Management, Inc.

10 EAST MAIN STREET SUITE 110, CARMEL, IN 46032 • 317-264-2600

Q2 2026 · Filed 2026-07-15
Market Value
$2.3B
+11.4%
Holdings
327
+29
New Purchases
34
Added To
51
Closed
17
Reduced
190
Top 10 Concentration
53.4%
Turnover
15.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LLY 28.24% 24.25% +3.99% $645M
NUGO 1.10% 0.00% +1.10% $25M
AVGO 1.97% 1.66% +0.31% $45M
PANW 0.45% 0.25% +0.20% $10M
CAT 0.89% 0.70% +0.19% $20M
KLAC 0.47% 0.28% +0.19% $11M
CSCO 0.63% 0.49% +0.15% $14M
PM 0.16% 0.03% +0.13% $4M
BKR 0.13% 0.00% +0.13% $3M
LRCX 0.29% 0.17% +0.12% $7M
DELL 0.22% 0.10% +0.12% $5M
QCOM 0.63% 0.51% +0.12% $14M
HONIV 0.12% 0.00% +0.12% $3M
HONAV 0.11% 0.00% +0.11% $3M
JPM 1.07% 0.98% +0.09% $24M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SLYV 1.79% 3.65% -1.86% $41M
XONA.DE 0.95% 1.35% -0.40% $22M
CVX 0.62% 0.90% -0.28% $14M
JMTG 1.79% 2.04% -0.25% $41M
MBX 0.01% 0.24% -0.23% $221K
WMT 0.42% 0.63% -0.22% $9M
MSFT 1.35% 1.56% -0.21% $31M
LMT 0.59% 0.79% -0.21% $13M
OHI 0.53% 0.73% -0.20% $12M
TROW 0.03% 0.23% -0.20% $739K
GATX 0.04% 0.22% -0.17% $1M
OMC 0.10% 0.25% -0.15% $2M
IWD 0.39% 0.53% -0.14% $9M
VZ 0.34% 0.47% -0.12% $8M
TLH 0.74% 0.86% -0.12% $17M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 37.9%
Healthcare 29.3%
Technology 10.4%
Industrials 5.5%
Energy 3.7%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 70 $1.4B 61.4%
Large Cap 221 $703M 30.8%
Mid Cap 27 $167M 7.3%
Small Cap 6 $9M 0.4%
Micro Cap 3 $992K 0.0%

Portfolio Analytics

Avg Market Cap
$242.1B
Median Market Cap
$71.5B
Avg P/E
30.6
Median P/E
22.3
Avg Dividend Yield
0.02%
Avg Beta
0.89
# Stocks
227
# ETFs / Funds
100

Top Holdings (327 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 LLY 28.24% 537,488 $645M $1,199.43 $148M -2,929 -0.5%
2 IVV 8.99% 274,215 $205M $748.89 $23M -5,240 -1.9%
3 IJH 3.89% 1,150,363 $89M $77.11 $11M -2,332 -0.2%
4 SCHF 2.08% 1,711,363 $47M $27.70 $3M -102,187 -5.6%
5 AVGO 1.97% 119,112 $45M $377.75 $11M +8,980 +8.2%
6 AAPL 1.96% 154,703 $45M $289.36 $4M -7,254 -4.5%
7 JMTG 1.79% 807,941 $41M $50.68 -$853K -11,661 -1.4%
8 SLYV 1.79% 374,631 $41M $109.11 -$34M -416,501 -52.6%
9 MSFT 1.35% 82,547 $31M $373.02 -$1M -3,732 -4.3%
10 GOOG 1.34% 86,369 $31M $353.33 $5M -4,179 -4.6%
11 NUGO 1.10% 578,626 $25M $43.26 — +578,626 — NEW
12 JPM 1.07% 74,845 $24M $327.33 $4M +6,599 +9.7%
13 NVDA 1.04% 118,649 $24M $200.09 $2M -5,114 -4.1%
14 IJR 1.01% 155,008 $23M $148.31 $3M -5,893 -3.7%
15 XONA.DE 0.95% 159,080 $22M $136.72 -$6M -4,546 -2.8%
16 ETN 0.90% 48,279 $21M $426.12 $3M -1,528 -3.1%
17 CAT 0.89% 19,073 $20M $1,064.91 $6M -1,143 -5.7%
18 TLH 0.74% 169,041 $17M $100.35 -$736K -6,686 -3.8%
19 ADI 0.71% 40,572 $16M $397.17 $3M -1,288 -3.1%
20 ABBV 0.69% 62,744 $16M $251.64 $2M -2,378 -3.6%
21 MRK 0.69% 122,719 $16M $128.50 $492K -4,286 -3.4%
22 CSCO 0.63% 123,289 $14M $117.46 $5M -4,945 -3.9%
23 JMBS 0.63% 320,242 $14M $44.99 -$635K -12,713 -3.8%
24 QCOM 0.63% 77,526 $14M $184.79 $4M -3,137 -3.9%
25 CVX 0.62% 84,978 $14M $165.76 -$4M -4,000 -4.5%
26 JNJ 0.61% 55,081 $14M $253.97 $106K -1,713 -3.0%
27 LMT 0.59% 26,274 $13M $509.46 -$3M -586 -2.2%
28 BAC 0.55% 221,564 $13M $56.98 $1M -14,582 -6.2%
29 IGSB 0.55% 238,502 $12M $52.41 -$836K -15,217 -6.0%
30 OHI 0.53% 254,182 $12M $47.68 -$3M -88,418 -25.8%
31 PFG 0.53% 112,394 $12M $107.78 $2M -4,480 -3.8%
32 TRV 0.53% 36,668 $12M $330.12 $1M -1,383 -3.6%
33 USB 0.52% 196,550 $12M $60.40 $1M -8,664 -4.2%
34 NI 0.49% 236,722 $11M $47.55 -$201K -8,827 -3.6%
35 SPY 0.48% 14,827 $11M $746.78 $882K -843 -5.4%
36 RTX 0.47% 56,585 $11M $189.73 $2M +8,840 +18.5%
37 KLAC 0.47% 35,384 $11M $301.71 $5M +31,472 +804.5%
38 AMZN 0.46% 44,452 $11M $238.34 -$623K -9,409 -17.5%
39 CFG 0.46% 149,448 $10M $70.07 $1M -4,515 -2.9%
40 AEP 0.45% 75,863 $10M $136.81 $125K -2,365 -3.0%
41 PANW 0.45% 30,253 $10M $341.02 $5M -1,769 -5.5%
42 WMT 0.42% 83,861 $9M $113.26 -$3M -20,435 -19.6%
43 ACWX 0.42% 124,783 $9M $76.11 $788K -2,421 -1.9%
44 WSM 0.39% 38,444 $9M $233.10 $2M -1,129 -2.9%
45 V 0.39% 25,824 $9M $343.09 $659K -1,311 -4.8%
46 IWD 0.39% 36,530 $9M $242.43 -$2M -13,853 -27.5%
47 ENB 0.38% 161,878 $9M $54.21 -$380K -7,230 -4.3%
48 BMY 0.38% 150,829 $9M $57.62 -$811K -5,835 -3.7%
49 WFC 0.38% 104,726 $9M $82.64 -$66K -4,821 -4.4%
50 COST 0.37% 9,146 $9M $935.47 -$988K -432 -4.5%
51 IBM 0.37% 30,103 $8M $281.21 $1M -228 -0.8%
52 BRK-B 0.36% 16,439 $8M $500.37 $306K -88 -0.5%
53 IVW 0.35% 58,230 $8M $137.53 $1M -451 -0.8%
54 VZ 0.34% 185,390 $8M $42.34 -$2M -5,135 -2.7%
55 ETR 0.34% 67,075 $8M $114.86 -$68K -2,101 -3.0%
56 AZN 0.33% 40,260 $8M $189.62 -$585K -1,413 -3.4%
57 PG 0.33% 51,364 $8M $146.64 -$344K -3,165 -5.8%
58 VLO 0.33% 28,600 $7M $260.44 $214K -682 -2.3%
59 UNH 0.32% 17,688 $7M $415.64 $2M -857 -4.6%
60 MDY 0.32% 10,292 $7M $703.33 $532K -582 -5.3%
61 MCK 0.32% 9,572 $7M $755.60 -$2M -539 -5.3%
62 TJX 0.31% 47,244 $7M $151.50 -$586K -1,244 -2.6%
63 IJK 0.31% 60,578 $7M $117.50 $344K -6,740 -10.0%
64 META 0.31% 12,626 $7M $563.27 -$304K -337 -2.6%
65 UNP 0.30% 25,476 $7M $272.00 $469K -1,153 -4.3%
66 KO 0.30% 84,750 $7M $81.27 $235K -2,725 -3.1%
67 FMAO 0.30% 223,604 $7M $30.58 -$2M -105,000 -31.9%
68 PEP 0.30% 50,053 $7M $135.40 -$1M -1,821 -3.5%
69 RIO 0.29% 70,411 $7M $94.93 -$108K -2,400 -3.3%
70 MUNI 0.29% 126,159 $7M $52.60 -$752K -15,395 -10.9%
71 LRCX 0.29% 15,226 $7M $433.33 $3M -727 -4.6%
72 GLW 0.29% 25,488 $7M $255.43 $2M -7,510 -22.8%
73 SWK 0.28% 68,277 $6M $94.12 $1M -2,993 -4.2%
74 SYY 0.28% 76,183 $6M $83.58 $841K -1,291 -1.7%
75 JAAA 0.27% 123,307 $6M $50.49 $553K +10,688 +9.5%
76 JCI 0.27% 41,995 $6M $146.11 $266K -2,832 -6.3%
77 GNTX 0.26% 231,523 $6M $25.27 $627K -7,522 -3.1%
78 IGIB 0.25% 109,441 $6M $53.17 -$421K -7,802 -6.7%
79 PRU 0.25% 53,787 $6M $107.93 $349K -2,064 -3.7%
80 SO 0.24% 56,100 $5M $95.71 -$217K -1,782 -3.1%
81 APD 0.23% 18,269 $5M $293.18 -$189K -821 -4.3%
82 MDT 0.23% 68,242 $5M $78.23 -$931K -4,118 -5.7%
83 FITB 0.23% 93,176 $5M $56.37 $483K -9,479 -9.2%
84 LOW 0.23% 23,802 $5M $220.49 -$749K -1,578 -6.2%
85 DELL 0.22% 11,568 $5M $431.46 $3M -476 -4.0%
86 HD 0.21% 13,869 $5M $352.68 -$128K -1,391 -9.1%
87 THG 0.21% 22,529 $5M $214.12 $788K -753 -3.2%
88 CTVA 0.21% 55,553 $5M $84.69 -$280K -3,999 -6.7%
89 GOOGL 0.20% 12,939 $5M $357.36 $752K -525 -3.9%
90 TGT 0.20% 34,608 $5M $130.61 $122K -1,683 -4.6%
91 MA 0.20% 8,749 $4M $513.60 -$102K -448 -4.9%
92 BRK-A 0.20% 6 $4M $748,850.00 $184K — —
93 ANET 0.19% 25,815 $4M $169.88 -$552K -14,396 -35.8%
94 IJJ 0.19% 29,472 $4M $147.73 $230K -1,650 -5.3%
95 MCD 0.19% 15,915 $4M $270.31 -$848K -657 -4.0%
96 PFE 0.18% 170,730 $4M $24.08 -$973K -10,325 -5.7%
97 AXP 0.18% 12,070 $4M $338.25 $78K -1,169 -8.8%
98 IWF 0.17% 31,750 $4M $124.17 $560K +23,817 +300.2%
99 CI 0.17% 14,165 $4M $275.67 -$120K -924 -6.1%
100 SCHW 0.17% 41,758 $4M $92.27 -$126K -582 -1.4%

New Positions

SymbolValue% Port
NUGO $25M 1.10%
BKR $3M 0.13%
HONIV $3M 0.12%
HONAV $3M 0.11%
DXCM $2M 0.07%
EBAY $2M 0.07%
EME $1M 0.06%
DVN $1M 0.05%
MU $1M 0.05%
INTC $538K 0.02%
FDXF $528K 0.02%
NUW $515K 0.02%
XNTK $485K 0.02%
DFAI $478K 0.02%
JSI $471K 0.02%

Sold Out Positions

SymbolValue% Port
MDLZ — —%
DUK — —%
ZTS — —%
EQT — —%
VEEV — —%
SHEL — —%
LNC — —%
COF — —%
F — —%
NOC — —%
ADBE — —%
VTV — —%
GLD — —%
SDY — —%
VYM — —%
View SEC EDGAR Filings for Goelzer Investment Management, Inc. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms