Bedel Financial Consulting, Inc.

13F filer · CIK 0001730511

Reported Jul 29, 2026

Net buyer this quarter

13F portfolio value$1.06BU.S. long equity reported on 13F

Positions16916 new · 9 closed

Net flow last quarter+$8.2MBuys minus sells

Top 10 positions weight46.2%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 29, 2026169 positions
LLYELI LILLY & Co	$394M	36.97%	0.03%	+0.2%	Q4 2017
AAPLApple Inc.	$24.3M	2.29%	0.00%	+9.4%	Q4 2017
SPYSPDR S&P 500 ETF Trust	$14.8M	1.39%	Not reported	+2.2%	Q4 2017
MSFTMicrosoft Corp	$12.6M	1.18%	0.00%	+0.2%	Q4 2017
JPMJPMorgan Chase & Co	$10.4M	0.97%	0.00%	+0.6%	Q4 2017
BRK.BBerkshire Hathaway Inc	$9.53M	0.89%	Not reported	+3.0%	Q4 2017
GOOGLAlphabet Inc.	$8.18M	0.77%	0.00%	+8.4%	Q4 2017
AMATApplied Materials Inc	$6.27M	0.59%	0.00%	-5.3%	Q1 2018
IMCBIntermountain Community Bancorp	$6.15M	0.58%	0.08%	+6.8%	Q1 2022
GOOGAlphabet Inc.	$5.84M	0.55%	Not reported	+11.8%	Q4 2017
BRK.ABerkshire Hathaway Inc	$5.24M	0.49%	Not reported	Not reported	Q4 2017
NVDANvidia Corp	$5.2M	0.49%	0.00%	+2.9%	Q1 2018
CMICummins Inc	$5.11M	0.48%	0.01%	+6.0%	Q4 2017
AMZNAmazon Com Inc	$3.51M	0.33%	0.00%	+4.4%	Q4 2017
JNJJohnson & Johnson	$3.32M	0.31%	0.00%	-0.9%	Q4 2017
CSCOCisco Systems, Inc.	$3.24M	0.30%	0.00%	-6.8%	Q4 2017
XOMExxonMobil Holdings Corp	$3.2M	0.30%	0.00%	-2.0%	Q4 2017
GLDSPDR Gold Trust	$3.1M	0.29%	0.00%	+1.1%	Q4 2017
INTCIntel Corp	$2.97M	0.28%	0.00%	-9.4%	Q4 2017
ABBVAbbVie Inc.	$2.96M	0.28%	0.00%	+0.1%	Q4 2017
WMTWalmart Inc.	$2.73M	0.26%	0.00%	-4.5%	Q4 2017
ORCLOracle Corp	$2.24M	0.21%	0.00%	Not reported	Q4 2017
CATCaterpillar Inc	$2.03M	0.19%	0.00%	-1.9%	Q4 2017
KOCoca Cola Co	$1.95M	0.18%	0.00%	-3.0%	Q4 2017
HDHome Depot, Inc.	$1.95M	0.18%	0.00%	+0.3%	Q4 2017
MCDMcdonalds Corp	$1.89M	0.18%	0.00%	-2.0%	Q4 2017
METAMeta Platforms, Inc.	$1.74M	0.16%	Not reported	+2.8%	Q4 2017
SPGSimon Property Group Inc.	$1.73M	0.16%	96.48%	Not reported	Q4 2017
IWSImageware Systems Inc	$1.69M	0.16%	Not reported	+1.2%	Q1 2018
PGPROCTER & GAMBLE Co	$1.62M	0.15%	0.00%	+4.3%	Q4 2017
PEPPepsico Inc	$1.62M	0.15%	0.00%	-3.8%	Q4 2017
TSLATesla, Inc.	$1.61M	0.15%	0.00%	+9.0%	Q1 2018
AMDAdvanced Micro Devices Inc	$1.5M	0.14%	0.00%	-8.3%	Q1 2019
CVXChevron Corp	$1.45M	0.14%	0.00%	-0.4%	Q4 2017
AXPAmerican Express Co	$1.44M	0.14%	0.00%	+0.1%	Q4 2017
HBANHuntington Bancshares Inc	$1.38M	0.13%	0.00%	+0.3%	Q1 2018
ISRGIntuitive Surgical Inc	$1.29M	0.12%	0.00%	Not reported	Q4 2017
LOWLowes Companies Inc	$1.28M	0.12%	0.00%	0.0%	Q4 2017
DISWalt Disney Co	$1.27M	0.12%	0.00%	-5.5%	Q4 2017
AVGOBroadcom Inc.	$1.25M	0.12%	0.00%	+0.7%	Q3 2019
RTXRTX Corp	$1.23M	0.12%	0.00%	Not reported	Q2 2020
COSTCostco Wholesale Corp	$1.13M	0.11%	0.00%	+14.5%	Q1 2018
VVisa Inc.	$1.08M	0.10%	0.00%	0.0%	Q1 2018
TSMTaiwan Semiconductor Manufacturing Co Ltd	$1.04M	0.10%	0.00%	-2.8%	Q4 2020
PMPhilip Morris International Inc.	$1.04M	0.10%	0.00%	0.0%	Q4 2017
ADPAutomatic Data Processing Inc	$1.04M	0.10%	0.00%	-1.0%	Q4 2017
FFBCFirst Financial Bancorp	$1.02M	0.10%	0.03%	+6.5%	Q4 2017
ELVElevance Health, Inc.	$1.01M	0.09%	0.00%	-0.2%	Q1 2018
PLTRPalantir Technologies Inc.	$1M	0.09%	0.00%	+1.9%	Q2 2021
BACBank of America Corp	$938K	0.09%	0.00%	+1.1%	Q4 2017

Q1 2026Reported May 4, 2026160 positions
LLYELI LILLY & Co	$301M	33.92%	0.03%	-0.1%	Q4 2017
AAPLApple Inc.	$19.5M	2.20%	0.00%	-1.1%	Q4 2017
SPYSPDR S&P 500 ETF Trust	$12.6M	1.42%	Not reported	+1.4%	Q4 2017
MSFTMicrosoft Corp	$12.5M	1.40%	0.00%	+0.2%	Q4 2017
JPMJPMorgan Chase & Co	$9.27M	1.04%	0.00%	-0.7%	Q4 2017
BRK.BBerkshire Hathaway Inc	$8.86M	1.00%	Not reported	-1.0%	Q4 2017
GOOGLAlphabet Inc.	$6.07M	0.68%	0.00%	+0.3%	Q4 2017
BRK.ABerkshire Hathaway Inc	$5.03M	0.57%	Not reported	Not reported	Q4 2017
IMCBIntermountain Community Bancorp	$4.98M	0.56%	0.07%	+11.0%	Q1 2022
NVDANvidia Corp	$4.4M	0.50%	0.00%	+0.2%	Q1 2018
GOOGAlphabet Inc.	$4.24M	0.48%	Not reported	-0.2%	Q4 2017
XOMExxonMobil Holdings Corp	$4.06M	0.46%	0.00%	-0.3%	Q4 2017
CMICummins Inc	$3.64M	0.41%	0.00%	-4.9%	Q4 2017
GLDSPDR Gold Trust	$3.58M	0.40%	0.00%	-0.4%	Q4 2017
JNJJohnson & Johnson	$3.23M	0.36%	0.00%	-0.7%	Q4 2017
WMTWalmart Inc.	$3.14M	0.35%	0.00%	-0.3%	Q4 2017
AMATApplied Materials Inc	$3.13M	0.35%	0.00%	-0.8%	Q1 2018
AMZNAmazon Com Inc	$2.93M	0.33%	0.00%	+1.5%	Q4 2017
ABBVAbbVie Inc.	$2.56M	0.29%	0.00%	+0.2%	Q4 2017
CSCOCisco Systems, Inc.	$2.29M	0.26%	0.00%	-0.2%	Q4 2017
ORCLOracle Corp	$2.25M	0.25%	0.00%	-0.3%	Q4 2017
MCDMcdonalds Corp	$2.21M	0.25%	0.00%	-0.2%	Q4 2017
PEPPepsico Inc	$1.93M	0.22%	0.00%	-0.5%	Q4 2017
KOCoca Cola Co	$1.88M	0.21%	0.00%	Not reported	Q4 2017
CVXChevron Corp	$1.82M	0.21%	0.00%	+0.1%	Q4 2017
HDHome Depot, Inc.	$1.81M	0.20%	0.00%	-0.6%	Q4 2017
METAMeta Platforms, Inc.	$1.72M	0.19%	Not reported	-1.5%	Q4 2017
PGPROCTER & GAMBLE Co	$1.53M	0.17%	0.00%	-12.4%	Q4 2017
ISRGIntuitive Surgical Inc	$1.5M	0.17%	0.00%	Not reported	Q4 2017
IWSImageware Systems Inc	$1.48M	0.17%	Not reported	-1.4%	Q1 2018
HONHoneywell International Inc	$1.45M	0.16%	0.00%	-0.5%	Q4 2017
SPGSimon Property Group Inc.	$1.44M	0.16%	96.48%	-2.0%	Q4 2017
CATCaterpillar Inc	$1.38M	0.15%	0.00%	-0.9%	Q4 2017
LOWLowes Companies Inc	$1.37M	0.15%	0.00%	-0.6%	Q4 2017
DISWalt Disney Co	$1.35M	0.15%	0.00%	-0.8%	Q4 2017
TSLATesla, Inc.	$1.31M	0.15%	0.00%	-0.4%	Q1 2018
AXPAmerican Express Co	$1.28M	0.14%	0.00%	-4.9%	Q4 2017
RTXRTX Corp	$1.25M	0.14%	0.00%	+0.8%	Q2 2020
PLTRPalantir Technologies Inc.	$1.24M	0.14%	0.00%	-6.5%	Q2 2021
HBANHuntington Bancshares Inc	$1.22M	0.14%	0.00%	+0.6%	Q1 2018
COSTCostco Wholesale Corp	$1.06M	0.12%	0.00%	-2.7%	Q1 2018
INTCIntel Corp	$1.03M	0.12%	0.00%	-2.3%	Q4 2017
AVGOBroadcom Inc.	$1.02M	0.11%	0.00%	+0.2%	Q3 2019
FBTCFidelity Wise Origin Bitcoin Fund	$955K	0.11%	0.01%	+9.6%	Q3 2024
PMPhilip Morris International Inc.	$953K	0.11%	0.00%	0.0%	Q4 2017
ADPAutomatic Data Processing Inc	$952K	0.11%	0.00%	0.0%	Q4 2017
VVisa Inc.	$947K	0.11%	0.00%	+0.1%	Q1 2018
PFEPfizer Inc	$937K	0.11%	0.00%	-0.4%	Q4 2017
BSXBoston Scientific Corp	$917K	0.10%	0.00%	Not reported	Q4 2017
GDGeneral Dynamics Corp	$861K	0.10%	0.00%	0.0%	Q4 2017

Q4 2025Reported Jan 28, 2026160 positions
LLYELI LILLY & Co	$353M	37.93%	0.03%	-0.1%	Q4 2017
AAPLApple Inc.	$21.1M	2.27%	0.00%	-2.1%	Q4 2017
MSFTMicrosoft Corp	$16.3M	1.75%	0.00%	-0.9%	Q4 2017
SPYSPDR S&P 500 ETF Trust	$13M	1.40%	Not reported	-1.7%	Q4 2017
JPMJPMorgan Chase & Co	$10.2M	1.10%	0.00%	+1.1%	Q4 2017
BRK.BBerkshire Hathaway Inc	$9.38M	1.01%	Not reported	-1.1%	Q4 2017
GOOGLAlphabet Inc.	$6.59M	0.71%	0.00%	+0.3%	Q4 2017
BRK.ABerkshire Hathaway Inc	$5.28M	0.57%	Not reported	Not reported	Q4 2017
NVDANvidia Corp	$4.7M	0.51%	0.00%	+0.7%	Q1 2018
GOOGAlphabet Inc.	$4.65M	0.50%	Not reported	-10.2%	Q4 2017
IMCBIntermountain Community Bancorp	$4.45M	0.48%	0.06%	+6.8%	Q1 2022
CMICummins Inc	$3.63M	0.39%	0.01%	-0.4%	Q4 2017
GLDSPDR Gold Trust	$3.31M	0.36%	0.00%	+55.9%	Q4 2017
AMZNAmazon Com Inc	$3.2M	0.34%	0.00%	-2.5%	Q4 2017
ORCLOracle Corp	$3M	0.32%	0.00%	-3.8%	Q4 2017
XOMExxonMobil Holdings Corp	$2.89M	0.31%	0.00%	+7.3%	Q4 2017
WMTWalmart Inc.	$2.82M	0.30%	0.00%	-2.8%	Q4 2017
JNJJohnson & Johnson	$2.75M	0.30%	0.00%	-6.4%	Q4 2017
ABBVAbbVie Inc.	$2.68M	0.29%	0.00%	-6.9%	Q4 2017
AMATApplied Materials Inc	$2.37M	0.26%	0.00%	-0.9%	Q1 2018
CSCOCisco Systems, Inc.	$2.28M	0.25%	0.00%	-2.2%	Q4 2017
MCDMcdonalds Corp	$2.18M	0.23%	0.00%	+4.5%	Q4 2017
METAMeta Platforms, Inc.	$2.02M	0.22%	Not reported	+1.7%	Q4 2017
HDHome Depot, Inc.	$1.91M	0.21%	0.00%	-0.4%	Q4 2017
ISRGIntuitive Surgical Inc	$1.84M	0.20%	0.00%	+0.4%	Q4 2017
PEPPepsico Inc	$1.79M	0.19%	0.00%	Not reported	Q4 2017
PGPROCTER & GAMBLE Co	$1.73M	0.19%	0.00%	Not reported	Q4 2017
KOCoca Cola Co	$1.73M	0.19%	0.00%	+6.1%	Q4 2017
AXPAmerican Express Co	$1.65M	0.18%	0.00%	+2.7%	Q4 2017
PLTRPalantir Technologies Inc.	$1.61M	0.17%	0.00%	+1.6%	Q2 2021
DISWalt Disney Co	$1.61M	0.17%	0.00%	-0.3%	Q4 2017
TSLATesla, Inc.	$1.59M	0.17%	0.00%	-2.0%	Q1 2018
SPGSimon Property Group Inc.	$1.46M	0.16%	98.44%	+0.5%	Q4 2017
IWSImageware Systems Inc	$1.45M	0.16%	Not reported	-0.2%	Q1 2018
LOWLowes Companies Inc	$1.41M	0.15%	0.00%	+1.5%	Q4 2017
BSXBoston Scientific Corp	$1.39M	0.15%	0.00%	+0.4%	Q4 2017
CVXChevron Corp	$1.34M	0.14%	0.00%	-0.4%	Q4 2017
HBANHuntington Bancshares Inc	$1.34M	0.14%	0.00%	+0.6%	Q1 2018
HONHoneywell International Inc	$1.26M	0.14%	0.00%	0.0%	Q4 2017
ADPAutomatic Data Processing Inc	$1.2M	0.13%	0.00%	0.0%	Q4 2017
RTXRTX Corp	$1.18M	0.13%	0.00%	+3.5%	Q2 2020
AVGOBroadcom Inc.	$1.14M	0.12%	0.00%	-4.2%	Q3 2019
FBTCFidelity Wise Origin Bitcoin Fund	$1.13M	0.12%	0.01%	Not reported	Q3 2024
CATCaterpillar Inc	$1.12M	0.12%	0.00%	+0.5%	Q4 2017
VVisa Inc.	$1.1M	0.12%	0.00%	+1.2%	Q1 2018
IBMInternational Business Machines Corp	$948K	0.10%	0.00%	0.0%	Q4 2017
ELVElevance Health, Inc.	$939K	0.10%	0.00%	+19.0%	Q1 2018
COSTCostco Wholesale Corp	$939K	0.10%	0.00%	-8.6%	Q1 2018
PMPhilip Morris International Inc.	$924K	0.10%	0.00%	+2.9%	Q4 2017
NEENextera Energy Inc	$898K	0.10%	0.00%	-4.3%	Q4 2017

Q3 2025Reported Nov 7, 2025160 positions
LLYELI LILLY & Co	$251M	32.00%	0.03%	-0.1%	Q4 2017
AAPLApple Inc.	$20.2M	2.58%	0.00%	-1.1%	Q4 2017
MSFTMicrosoft Corp	$17.6M	2.24%	0.00%	+1.4%	Q4 2017
SPYSPDR S&P 500 ETF Trust	$12.9M	1.65%	Not reported	-0.5%	Q4 2017
JPMJPMorgan Chase & Co	$9.9M	1.26%	0.00%	+1.3%	Q4 2017
BRK.BBerkshire Hathaway Inc	$9.49M	1.21%	Not reported	+2.3%	Q4 2017
BRK.ABerkshire Hathaway Inc	$5.28M	0.67%	Not reported	Not reported	Q4 2017
GOOGLAlphabet Inc.	$5.1M	0.65%	0.00%	-0.5%	Q4 2017
NVDANvidia Corp	$4.67M	0.60%	0.00%	+8.0%	Q1 2018
ORCLOracle Corp	$4.49M	0.57%	0.00%	+3.1%	Q4 2017
IMCBIntermountain Community Bancorp	$4.18M	0.53%	0.06%	+5.9%	Q1 2022
GOOGAlphabet Inc.	$4.02M	0.51%	Not reported	-0.6%	Q4 2017
AMZNAmazon Com Inc	$3.13M	0.40%	0.00%	+2.0%	Q4 2017
CMICummins Inc	$3.02M	0.39%	0.01%	-0.2%	Q4 2017
ABBVAbbVie Inc.	$2.92M	0.37%	0.00%	+0.2%	Q4 2017
WMTWalmart Inc.	$2.69M	0.34%	0.00%	+0.8%	Q4 2017
JNJJohnson & Johnson	$2.64M	0.34%	0.00%	+2.4%	Q4 2017
XOMExxonMobil Holdings Corp	$2.52M	0.32%	0.00%	+3.7%	Q4 2017
HDHome Depot, Inc.	$2.26M	0.29%	0.00%	+0.6%	Q4 2017
METAMeta Platforms, Inc.	$2.21M	0.28%	Not reported	+3.1%	Q4 2017
MCDMcdonalds Corp	$2.07M	0.26%	0.00%	+2.3%	Q4 2017
CSCOCisco Systems, Inc.	$2.07M	0.26%	0.00%	+0.9%	Q4 2017
AMATApplied Materials Inc	$1.91M	0.24%	0.00%	+0.4%	Q1 2018
GLDSPDR Gold Trust	$1.91M	0.24%	0.00%	+10.3%	Q4 2017
PGPROCTER & GAMBLE Co	$1.86M	0.24%	0.00%	+3.5%	Q4 2017
PEPPepsico Inc	$1.75M	0.22%	0.00%	+2.0%	Q4 2017
PLTRPalantir Technologies Inc.	$1.62M	0.21%	0.00%	+14.5%	Q2 2021
DISWalt Disney Co	$1.62M	0.21%	0.00%	+0.1%	Q4 2017
TSLATesla, Inc.	$1.6M	0.20%	0.00%	+0.1%	Q1 2018
ORLYO Reilly Automotive Inc	$1.59M	0.20%	0.00%	+1.6%	Q4 2017
KOCoca Cola Co	$1.55M	0.20%	0.00%	+3.0%	Q4 2017
FBTCFidelity Wise Origin Bitcoin Fund	$1.47M	0.19%	0.01%	+0.2%	Q3 2024
SPGSimon Property Group Inc.	$1.47M	0.19%	97.91%	+3.6%	Q4 2017
LOWLowes Companies Inc	$1.45M	0.18%	0.00%	+3.8%	Q4 2017
ISRGIntuitive Surgical Inc	$1.45M	0.18%	0.00%	+0.5%	Q4 2017
IWSImageware Systems Inc	$1.44M	0.18%	Not reported	-6.1%	Q1 2018
AXPAmerican Express Co	$1.44M	0.18%	0.00%	+0.1%	Q4 2017
BSXBoston Scientific Corp	$1.42M	0.18%	0.00%	+11.6%	Q4 2017
ADPAutomatic Data Processing Inc	$1.37M	0.18%	0.00%	+0.2%	Q4 2017
CVXChevron Corp	$1.37M	0.18%	0.00%	+3.8%	Q4 2017
HONHoneywell International Inc	$1.36M	0.17%	0.00%	+6.0%	Q4 2017
HBANHuntington Bancshares Inc	$1.33M	0.17%	0.01%	+0.6%	Q1 2018
AVGOBroadcom Inc.	$1.13M	0.14%	0.00%	+3.6%	Q3 2019
COSTCostco Wholesale Corp	$1.1M	0.14%	0.00%	+8.2%	Q1 2018
VVisa Inc.	$1.06M	0.13%	0.00%	+6.7%	Q1 2018
RTXRTX Corp	$1.04M	0.13%	0.00%	+12.4%	Q2 2020
INTCIntel Corp	$968K	0.12%	0.00%	-0.4%	Q4 2017
EXLSExlService Holdings, Inc.	$967K	0.12%	0.01%	Not reported	Q1 2019
CATCaterpillar Inc	$930K	0.12%	0.00%	+1.4%	Q4 2017
PMPhilip Morris International Inc.	$908K	0.12%	0.00%	+0.7%	Q4 2017

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