Goelzer Investment Management, Inc.

13F filer · CIK 0001550057

Reported Jul 15, 2026

Net seller this quarter

13F portfolio value$2.29BU.S. long equity reported on 13F

Positions22519 new · 15 closed

Net flow last quarter-$61.7MBuys minus sells

Top 10 positions weight39.5%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 15, 2026225 positions
LLYELI LILLY & Co	$645M	28.10%	0.06%	-0.5%	Q1 2013
AVGOBroadcom Inc.	$45M	1.96%	0.00%	+8.2%	Q1 2016
AAPLApple Inc.	$44.8M	1.95%	0.00%	-4.5%	Q1 2013
MSFTMicrosoft Corp	$30.8M	1.34%	0.00%	-4.3%	Q1 2013
GOOGAlphabet Inc.	$30.5M	1.33%	Not reported	-4.6%	Q3 2015
JPMJPMorgan Chase & Co	$24.5M	1.07%	0.00%	+9.7%	Q1 2013
NVDANvidia Corp	$23.7M	1.03%	0.00%	-4.1%	Q3 2020
XOMExxonMobil Holdings Corp	$21.7M	0.95%	0.00%	-2.8%	Q1 2013
ETNEaton Corp plc	$20.6M	0.90%	0.01%	-3.1%	Q1 2013
CATCaterpillar Inc	$20.3M	0.89%	0.00%	-5.7%	Q4 2021
ADIAnalog Devices Inc	$16.1M	0.70%	0.01%	-3.1%	Q3 2021
ABBVAbbVie Inc.	$15.8M	0.69%	0.00%	-3.7%	Q1 2013
MRKMerck & Co., Inc.	$15.8M	0.69%	0.01%	-3.4%	Q1 2013
CSCOCisco Systems, Inc.	$14.5M	0.63%	0.00%	-3.9%	Q1 2013
QCOMQualcomm Inc	$14.3M	0.62%	0.01%	-3.9%	Q1 2013
CVXChevron Corp	$14.1M	0.61%	0.00%	-4.5%	Q1 2013
JNJJohnson & Johnson	$14M	0.61%	0.00%	-3.0%	Q1 2013
LMTLockheed Martin Corp	$13.4M	0.58%	0.01%	-2.2%	Q1 2013
BACBank of America Corp	$12.6M	0.55%	0.00%	-6.2%	Q4 2019
OHIOmega Healthcare Investors Inc	$12.1M	0.53%	0.09%	-25.8%	Q1 2013
PFGPrincipal Financial Group Inc	$12.1M	0.53%	0.05%	-3.8%	Q1 2013
TRVTravelers Companies, Inc.	$12.1M	0.53%	0.02%	-3.6%	Q1 2013
USBUS Bancorp \de\	$11.9M	0.52%	0.01%	-4.2%	Q1 2013
NINisource Inc.	$11.3M	0.49%	0.05%	-3.6%	Q1 2021
SPYSPDR S&P 500 ETF Trust	$11.1M	0.48%	Not reported	-5.4%	Q1 2013
RTXRTX Corp	$10.7M	0.47%	0.00%	+18.5%	Q2 2020
KLACKla Corp	$10.7M	0.47%	0.00%	-9.6%	Q3 2022
AMZNAmazon Com Inc	$10.6M	0.46%	0.00%	-17.5%	Q4 2015
CFGCitizens Financial Group Inc	$10.5M	0.46%	0.04%	-2.9%	Q2 2015
AEPAmerican Electric Power Co Inc	$10.4M	0.45%	0.01%	-3.0%	Q1 2023
PANWPalo Alto Networks Inc	$10.3M	0.45%	0.00%	-5.5%	Q2 2019
WMTWalmart Inc.	$9.5M	0.41%	0.00%	-19.6%	Q1 2013
WSMWilliams Sonoma Inc	$8.96M	0.39%	0.03%	-2.9%	Q2 2016
VVisa Inc.	$8.86M	0.39%	0.00%	-4.8%	Q1 2013
ENBEnbridge Inc	$8.78M	0.38%	0.01%	-4.3%	Q1 2017
BMYBristol Myers Squibb Co	$8.69M	0.38%	0.01%	-3.7%	Q1 2013
WFCWells Fargo & Company	$8.65M	0.38%	0.00%	-4.4%	Q1 2013
COSTCostco Wholesale Corp	$8.56M	0.37%	0.00%	-4.5%	Q1 2013
IBMInternational Business Machines Corp	$8.47M	0.37%	0.00%	-0.8%	Q1 2013
BRK.BBerkshire Hathaway Inc	$8.23M	0.36%	Not reported	-0.5%	Q1 2013
TELTE Connectivity plc	$8.06M	0.35%	0.01%	-2.6%	Q1 2013
VZVerizon Communications Inc	$7.85M	0.34%	0.00%	-2.7%	Q1 2013
ETREntergy Corp	$7.7M	0.34%	0.01%	-3.0%	Q2 2024
AZNAstrazeneca PLC	$7.63M	0.33%	Not reported	-3.4%	Q4 2023
PGPROCTER & GAMBLE Co	$7.53M	0.33%	0.00%	-5.8%	Q1 2013
VLOValero Energy Corp	$7.45M	0.32%	0.01%	-2.3%	Q3 2022
UNHUnitedhealth Group Inc	$7.35M	0.32%	0.00%	-4.6%	Q1 2013
MDYSPDR S&P Midcap 400 ETF Trust	$7.24M	0.32%	Not reported	-5.4%	Q1 2013
MCKMckesson Corp	$7.23M	0.32%	0.01%	-5.3%	Q3 2013
TJXTJX Companies Inc	$7.16M	0.31%	0.00%	-2.6%	Q1 2019

Q1 2026Reported Apr 9, 2026219 positions
LLYELI LILLY & Co	$497M	24.04%	0.06%	-0.5%	Q1 2013
AAPLApple Inc.	$41.1M	1.99%	0.00%	+4.0%	Q1 2013
AVGOBroadcom Inc.	$34.1M	1.65%	0.00%	+2.1%	Q1 2016
MSFTMicrosoft Corp	$31.9M	1.54%	0.00%	+2.6%	Q1 2013
XOMExxonMobil Holdings Corp	$27.8M	1.34%	0.00%	+1.7%	Q1 2013
GOOGAlphabet Inc.	$26M	1.26%	Not reported	-4.2%	Q3 2015
NVDANvidia Corp	$21.6M	1.04%	0.00%	+14.4%	Q3 2020
JPMJPMorgan Chase & Co	$20.1M	0.97%	0.00%	+3.3%	Q1 2013
CVXChevron Corp	$18.4M	0.89%	0.00%	+0.8%	Q1 2013
ETNEaton Corp plc	$17.8M	0.86%	0.01%	+0.7%	Q1 2013
LMTLockheed Martin Corp	$16.2M	0.79%	0.01%	-0.7%	Q1 2013
MRKMerck & Co., Inc.	$15.3M	0.74%	0.01%	-0.8%	Q1 2013
OHIOmega Healthcare Investors Inc	$15M	0.73%	0.12%	+1.2%	Q1 2013
CATCaterpillar Inc	$14.3M	0.69%	0.00%	-8.6%	Q4 2021
ABBVAbbVie Inc.	$14.2M	0.69%	0.00%	+4.1%	Q1 2013
JNJJohnson & Johnson	$13.9M	0.67%	0.00%	+1.5%	Q1 2013
ADIAnalog Devices Inc	$13.3M	0.64%	0.01%	-0.5%	Q3 2021
WMTWalmart Inc.	$13M	0.63%	0.00%	+0.4%	Q1 2013
BACBank of America Corp	$11.5M	0.56%	0.00%	+0.3%	Q4 2019
NINisource Inc.	$11.5M	0.55%	0.05%	-20.5%	Q1 2021
AMZNAmazon Com Inc	$11.2M	0.54%	0.00%	+2.2%	Q4 2015
TRVTravelers Companies, Inc.	$11.1M	0.54%	0.02%	-0.2%	Q1 2013
USBUS Bancorp \de\	$10.7M	0.52%	0.01%	-6.5%	Q1 2013
PFGPrincipal Financial Group Inc	$10.5M	0.51%	0.05%	+0.3%	Q1 2013
QCOMQualcomm Inc	$10.4M	0.50%	0.01%	+0.4%	Q1 2013
AEPAmerican Electric Power Co Inc	$10.3M	0.50%	0.01%	+4.7%	Q1 2023
SPYSPDR S&P 500 ETF Trust	$10.2M	0.49%	Not reported	+14.1%	Q1 2013
CSCOCisco Systems, Inc.	$9.95M	0.48%	0.00%	+3.7%	Q1 2013
VZVerizon Communications Inc	$9.56M	0.46%	0.00%	-0.7%	Q1 2013
COSTCostco Wholesale Corp	$9.54M	0.46%	0.00%	-11.6%	Q1 2013
BMYBristol Myers Squibb Co	$9.5M	0.46%	0.01%	+22.4%	Q1 2013
CFGCitizens Financial Group Inc	$9.23M	0.45%	0.04%	-0.3%	Q2 2015
RTXRTX Corp	$9.21M	0.45%	0.00%	-0.7%	Q2 2020
ENBEnbridge Inc	$9.16M	0.44%	0.01%	-18.4%	Q1 2017
MCKMckesson Corp	$8.75M	0.42%	0.01%	-1.1%	Q3 2013
WFCWells Fargo & Company	$8.72M	0.42%	0.00%	+3.7%	Q1 2013
TELTE Connectivity plc	$8.58M	0.42%	0.01%	-8.0%	Q1 2013
FMAOFarmers & Merchants Bancorp Inc	$8.44M	0.41%	2.39%	-32.3%	Q2 2021
AZNAstrazeneca PLC	$8.22M	0.40%	Not reported	+1.0%	Q4 2023
VVisa Inc.	$8.2M	0.40%	0.00%	+2.4%	Q1 2013
PEPPepsico Inc	$8.06M	0.39%	0.00%	+0.6%	Q1 2013
BRK.BBerkshire Hathaway Inc	$7.92M	0.38%	Not reported	+2.1%	Q1 2013
PGPROCTER & GAMBLE Co	$7.88M	0.38%	0.00%	-0.6%	Q1 2013
ETREntergy Corp	$7.77M	0.38%	0.02%	-34.0%	Q2 2024
TJXTJX Companies Inc	$7.74M	0.37%	0.00%	-0.3%	Q1 2019
METAMeta Platforms, Inc.	$7.42M	0.36%	Not reported	+9.3%	Q2 2015
IBMInternational Business Machines Corp	$7.35M	0.36%	0.00%	+2.5%	Q1 2013
VLOValero Energy Corp	$7.24M	0.35%	0.01%	+661.8%	Q3 2022
WSMWilliams Sonoma Inc	$7.22M	0.35%	0.03%	-0.2%	Q2 2016
RIORio Tinto PLC	$6.79M	0.33%	0.01%	-0.6%	Q1 2021

Q4 2025Reported Jan 14, 2026204 positions
LLYELI LILLY & Co	$583M	27.06%	0.06%	-0.3%	Q1 2013
AAPLApple Inc.	$42.3M	1.96%	0.00%	+5.5%	Q1 2013
MSFTMicrosoft Corp	$40.7M	1.89%	0.00%	+1.2%	Q1 2013
AVGOBroadcom Inc.	$37.3M	1.73%	0.00%	+0.1%	Q1 2016
GOOGAlphabet Inc.	$29.7M	1.38%	Not reported	-1.0%	Q3 2015
JPMJPMorgan Chase & Co	$21.3M	0.99%	0.00%	+1.5%	Q1 2013
NVDANvidia Corp	$20.2M	0.94%	0.00%	+0.3%	Q3 2020
XOMExxonMobil Holdings Corp	$19.4M	0.90%	0.00%	+0.5%	Q1 2013
ETNEaton Corp plc	$15.8M	0.73%	0.01%	+0.2%	Q1 2013
OHIOmega Healthcare Investors Inc	$15M	0.70%	0.11%	-0.1%	Q1 2013
ABBVAbbVie Inc.	$14.3M	0.66%	0.00%	+3.1%	Q1 2013
QCOMQualcomm Inc	$13.7M	0.64%	0.01%	+1.2%	Q1 2013
MRKMerck & Co., Inc.	$13.5M	0.62%	0.01%	+0.8%	Q1 2013
CVXChevron Corp	$13.5M	0.62%	0.00%	+5.9%	Q1 2013
LMTLockheed Martin Corp	$13.1M	0.61%	0.01%	-0.1%	Q1 2013
BACBank of America Corp	$12.9M	0.60%	0.00%	+3.8%	Q4 2019
NINisource Inc.	$12.9M	0.60%	0.06%	+0.9%	Q1 2021
CATCaterpillar Inc	$12.7M	0.59%	0.00%	-9.0%	Q4 2021
AMZNAmazon Com Inc	$12.2M	0.56%	0.00%	+0.3%	Q4 2015
FMAOFarmers & Merchants Bancorp Inc	$12M	0.56%	3.53%	+1659.8%	Q2 2021
USBUS Bancorp \de\	$11.7M	0.54%	0.01%	-0.9%	Q1 2013
JNJJohnson & Johnson	$11.6M	0.54%	0.00%	+1.0%	Q1 2013
WMTWalmart Inc.	$11.6M	0.54%	0.00%	+1.3%	Q1 2013
ADIAnalog Devices Inc	$11.4M	0.53%	0.01%	+0.5%	Q3 2021
TRVTravelers Companies, Inc.	$11.1M	0.51%	0.02%	+0.6%	Q1 2013
PFGPrincipal Financial Group Inc	$10.3M	0.48%	0.05%	+0.3%	Q1 2013
TELTE Connectivity plc	$10.2M	0.47%	0.02%	-0.4%	Q1 2013
ENBEnbridge Inc	$9.91M	0.46%	0.01%	+0.6%	Q1 2017
WFCWells Fargo & Company	$9.85M	0.46%	0.00%	+7.5%	Q1 2013
ETREntergy Corp	$9.69M	0.45%	0.02%	+0.2%	Q2 2024
CSCOCisco Systems, Inc.	$9.52M	0.44%	0.00%	+1.1%	Q1 2013
SPYSPDR S&P 500 ETF Trust	$9.37M	0.43%	Not reported	-2.4%	Q1 2013
COSTCostco Wholesale Corp	$9.34M	0.43%	0.00%	+7.8%	Q1 2013
VVisa Inc.	$9.29M	0.43%	0.00%	+4.0%	Q1 2013
CFGCitizens Financial Group Inc	$9.02M	0.42%	0.04%	+1.0%	Q2 2015
RTXRTX Corp	$8.81M	0.41%	0.00%	+11.6%	Q2 2020
IBMInternational Business Machines Corp	$8.77M	0.41%	0.00%	+2.7%	Q1 2013
AEPAmerican Electric Power Co Inc	$8.61M	0.40%	0.01%	+0.3%	Q1 2023
MCKMckesson Corp	$8.39M	0.39%	0.01%	-4.7%	Q3 2013
UNHUnitedhealth Group Inc	$8.25M	0.38%	0.00%	+2.7%	Q1 2013
BRK.BBerkshire Hathaway Inc	$8.14M	0.38%	Not reported	+10.8%	Q1 2013
PGPROCTER & GAMBLE Co	$7.86M	0.36%	0.00%	-1.6%	Q1 2013
METAMeta Platforms, Inc.	$7.83M	0.36%	Not reported	+32.2%	Q2 2015
VZVerizon Communications Inc	$7.82M	0.36%	0.00%	+1.1%	Q1 2013
AZNAstrazeneca PLC	$7.59M	0.35%	Not reported	+0.6%	Q4 2023
TJXTJX Companies Inc	$7.47M	0.35%	0.00%	+2.4%	Q1 2019
PEPPepsico Inc	$7.4M	0.34%	0.00%	-4.9%	Q1 2013
PANWPalo Alto Networks Inc	$7.16M	0.33%	0.01%	-14.4%	Q2 2019
WSMWilliams Sonoma Inc	$7.08M	0.33%	0.03%	-1.2%	Q2 2016
MBXMBX Biosciences, Inc.	$6.99M	0.32%	0.49%	New	Q4 2025

Q3 2025Reported Oct 14, 2025179 positions
LLYELI LILLY & Co	$415M	22.02%	0.06%	-2.4%	Q1 2013
MSFTMicrosoft Corp	$43M	2.28%	0.00%	-0.3%	Q1 2013
AAPLApple Inc.	$37.6M	1.99%	0.00%	0.0%	Q1 2013
AVGOBroadcom Inc.	$35.6M	1.88%	0.00%	-0.9%	Q1 2016
GOOGAlphabet Inc.	$23.2M	1.23%	Not reported	-1.1%	Q3 2015
JPMJPMorgan Chase & Co	$20.5M	1.09%	0.00%	-0.8%	Q1 2013
NVDANvidia Corp	$20.1M	1.07%	0.00%	-0.5%	Q3 2020
ETNEaton Corp plc	$18.5M	0.98%	0.01%	-1.3%	Q1 2013
XOMExxonMobil Holdings Corp	$18M	0.96%	0.00%	-1.4%	Q1 2013
OHIOmega Healthcare Investors Inc	$14.3M	0.76%	0.11%	-1.1%	Q1 2013
ABBVAbbVie Inc.	$14M	0.74%	0.00%	+20.6%	Q1 2013
LMTLockheed Martin Corp	$13.5M	0.72%	0.01%	-1.5%	Q1 2013
NINisource Inc.	$13.2M	0.70%	0.06%	-2.6%	Q1 2021
QCOMQualcomm Inc	$13.2M	0.70%	0.01%	-1.9%	Q1 2013
CVXChevron Corp	$13M	0.69%	0.00%	-1.3%	Q1 2013
BACBank of America Corp	$11.7M	0.62%	0.00%	-1.7%	Q4 2019
CATCaterpillar Inc	$11.6M	0.61%	0.01%	-0.8%	Q4 2021
AMZNAmazon Com Inc	$11.5M	0.61%	0.00%	-0.7%	Q4 2015
USBUS Bancorp \de\	$10.7M	0.57%	0.01%	-1.5%	Q1 2013
MRKMerck & Co., Inc.	$10.7M	0.56%	0.01%	-1.7%	Q1 2013
TRVTravelers Companies, Inc.	$10.6M	0.56%	0.02%	-0.7%	Q1 2013
WMTWalmart Inc.	$10.6M	0.56%	0.00%	+23.5%	Q1 2013
ENBEnbridge Inc	$10.4M	0.55%	0.01%	-1.9%	Q1 2017
ADIAnalog Devices Inc	$10.3M	0.54%	0.01%	-2.0%	Q3 2021
JNJJohnson & Johnson	$10.3M	0.54%	0.00%	-1.7%	Q1 2013
TELTE Connectivity plc	$9.84M	0.52%	0.02%	-24.5%	Q1 2013
ETREntergy Corp	$9.75M	0.52%	0.02%	-1.7%	Q2 2024
PFGPrincipal Financial Group Inc	$9.63M	0.51%	0.05%	-2.3%	Q1 2013
SPYSPDR S&P 500 ETF Trust	$9.37M	0.50%	Not reported	-0.5%	Q1 2013
COSTCostco Wholesale Corp	$9.3M	0.49%	0.00%	+0.3%	Q1 2013
PANWPalo Alto Networks Inc	$9.25M	0.49%	0.01%	-0.3%	Q2 2019
VVisa Inc.	$8.7M	0.46%	0.00%	-0.7%	Q1 2013
PGPROCTER & GAMBLE Co	$8.56M	0.45%	0.00%	-1.1%	Q1 2013
UNHUnitedhealth Group Inc	$8.4M	0.45%	0.00%	+0.9%	Q1 2013
AEPAmerican Electric Power Co Inc	$8.38M	0.44%	0.01%	-2.2%	Q1 2023
CSCOCisco Systems, Inc.	$8.37M	0.44%	0.00%	-2.0%	Q1 2013
VZVerizon Communications Inc	$8.35M	0.44%	0.00%	-0.1%	Q1 2013
MCKMckesson Corp	$8.29M	0.44%	0.01%	-0.9%	Q3 2013
WFCWells Fargo & Company	$8.24M	0.44%	0.00%	-1.8%	Q1 2013
IBMInternational Business Machines Corp	$8.13M	0.43%	0.00%	-1.5%	Q1 2013
CFGCitizens Financial Group Inc	$8.13M	0.43%	0.04%	-1.8%	Q2 2015
WSMWilliams Sonoma Inc	$7.84M	0.42%	0.03%	-1.1%	Q2 2016
PEPPepsico Inc	$7.62M	0.40%	0.00%	-28.6%	Q1 2013
BRK.BBerkshire Hathaway Inc	$7.35M	0.39%	Not reported	0.0%	Q1 2013
GNTXGentex Corp	$7.33M	0.39%	0.12%	-2.2%	Q4 2014
RTXRTX Corp	$7.2M	0.38%	0.00%	-0.7%	Q2 2020
ANETArista Networks, Inc.	$7.08M	0.38%	0.00%	-0.9%	Q2 2023
BKNGBooking Holdings Inc.	$7.06M	0.37%	0.00%	Not reported	Q1 2018
TJXTJX Companies Inc	$6.86M	0.36%	0.00%	-0.3%	Q1 2019
MDTMedtronic plc	$6.69M	0.35%	0.01%	-0.5%	Q1 2019

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