Joule Financial, LLC
Sector Allocation
- Other72.8%$268.3M
- Financials14.0%$51.8M
- Technology6.0%$22.2M
- Industrials3.5%$12.7M
- Consumer Discretionary1.1%$3.9M
- Consumer Staples0.8%$2.9M
- Healthcare0.8%$2.9M
- Materials0.5%$2.0M
- Energy0.3%$1.2M
- Utilities0.2%$654,645
AUM History
13fpro.ai/research/fund/joule-financial-llc-1929070
Conviction and streaks
Stable · top 10 = 70.7%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
- VANGUARD$69.1M
IVZ
$46.4M- ISHARES$30.9M
- ISHARES$29.7M
- SCHWAB$28.1M
- SCHWAB$25.8M
- VANGUARD$9.5M
- VANGUARD$8.6M
- VANGUARD$6.4M
- ISHARES$6.0M
- SCHWAB$5.7M
- SCHWAB$5.1M
PAYS
$5.0M- VANGUARD$4.0M
- VANGUARD$3.9M
BE
$3.7M- VANGUARD$3.4M
- VANGUARD$3.3M
- VANGUARD$3.2M
GOOGL
$3.1M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/joule-financial-llc-1929070
Joule Financial, LLC 13F holdings — Q2 2026
$368.8M portfolio (+7.4% QoQ) · 116 holdings · Q2 2026 13F · top 10 are 71% of the stock portfolio
- 1
VANGUARD BD INDEX FDS - TOTAL BND MRKT
$69.1M
18.7% of stocks
+3%This quarter—Since filed—HeldAIQuality—Est. buy— $46.4M
12.6% of stocks
-0.5%This quarter-5.8%Since filed8 qtrsHeld- 3
ISHARES TR - 7-10 YR TRSY BD
$30.9M
8.4% of stocks
-0.4%This quarter—Since filed—HeldAIQuality—Est. buy— - 4
ISHARES TR - IBOXX INV CP ETF
$29.7M
8.1% of stocks
+2%This quarter—Since filed—HeldAIQuality—Est. buy— - 5
SCHWAB STRATEGIC TR - US SML CAP ETF
$28.1M
7.6% of stocks
-3%This quarter—Since filed—HeldAIQuality—Est. buy— - 6
SCHWAB STRATEGIC TR - US DIVIDEND EQ
$25.8M
7.0% of stocks
+0.2%This quarter—Since filed—HeldAIQuality—Est. buy— - 7
VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT
$9.5M
2.6% of stocks
-1.0%This quarter—Since filed—HeldAIQuality—Est. buy— - 8
VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF
$8.6M
2.3% of stocks
-0.7%This quarter—Since filed—HeldAIQuality—Est. buy— - 9
VANGUARD WORLD FD - INF TECH ETF
$6.4M
1.7% of stocks
+685%This quarter—Since filed—HeldAIQuality—Est. buy— - 10
ISHARES TR - 20 YR TR BD ETF
$6.0M
1.6% of stocks
+0.4%This quarter—Since filed—HeldAIQuality—Est. buy—
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VANGUARD BD INDEX FDS - TOTAL BND MRKT | $69.1M | 18.7% | +3% | — | — | — | — | |
| 2 | $46.4M | 12.6% | -0.5% | -5.8% | 8 qtrs | — | Estimated buy price is Pro: unlock with a free trial | ||
| 3 | ISHARES TR - 7-10 YR TRSY BD | $30.9M | 8.4% | -0.4% | — | — | — | — | |
| 4 | ISHARES TR - IBOXX INV CP ETF | $29.7M | 8.1% | +2% | — | — | — | — | |
| 5 | SCHWAB STRATEGIC TR - US SML CAP ETF | $28.1M | 7.6% | -3% | — | — | — | — | |
| 6 | SCHWAB STRATEGIC TR - US DIVIDEND EQ | $25.8M | 7.0% | +0.2% | — | — | — | — | |
| 7 | VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT | $9.5M | 2.6% | -1.0% | — | — | — | — | |
| 8 | VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF | $8.6M | 2.3% | -0.7% | — | — | — | — | |
| 9 | VANGUARD WORLD FD - INF TECH ETF | $6.4M | 1.7% | +685% | — | — | — | — | |
| 10 | ISHARES TR - 20 YR TR BD ETF | $6.0M | 1.6% | +0.4% | — | — | — | — |
All holdings — Joule Financial, LLC (Q2 2026)
116 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | — | SCHWAB STRATEGIC TR - EMRG MKTEQ ETFetf/fund | — | $5.7M | 1.6% | 159K | +0.9% | — | — | 13F |
| 12 | — | SCHWAB STRATEGIC TR - US BRD MKT ETFetf/fund | — | $5.1M | 1.4% | 175K | -2% | — | — | 13F |
| 13 | Paysign, Inc. | Industrials | $5.0M | 1.4% | 614K | — | 8 qtrs | 73.2 | 13F | |
| 14 | — | VANGUARD WORLD FD - INDUSTRIAL ETFetf/fund | — | $4.0M | 1.1% | 11K | -1% | — | — | 13F |
| 15 | — | VANGUARD WORLD FD - FINANCIALS ETFetf/fund | — | $3.9M | 1.1% | 29K | -4% | — | — | 13F |
| 16 | Bloom Energy Corp | Technology | $3.7M | 1.0% | 12K | -4% | 7 qtrsTrimmed 4 qtrs in a row | 74.8 | 13F | |
| 17 | — | VANGUARD WORLD FD - CONSUM STP ETFetf/fund | — | $3.4M | 0.9% | 15K | -3% | — | — | 13F |
| 18 | — | VANGUARD WORLD FD - COMM SRVC ETFetf/fund | — | $3.3M | 0.9% | 18K | -0.1% | — | — | 13F |
| 19 | — | VANGUARD WORLD FD - HEALTH CAR ETFetf/fund | — | $3.2M | 0.9% | 11K | -2% | — | — | 13F |
| 20 | Alphabet Inc. | Technology | $3.1M | 0.8% | 8,763 | -28% | 10+ qtrsTrimmed 4 qtrs in a row | 77.7 | 13F | |
| 21 | — | VANGUARD WORLD FD - CONSUM DIS ETFetf/fund | — | $2.7M | 0.8% | 6,930 | -4% | — | — | 13F |
| 22 | — | VANGUARD INTL EQUITY INDEX F - ALLWRLD EX USetf/fund | — | $2.5M | 0.7% | 30K | +19% | — | — | 13F |
| 23 | CISCO SYSTEMS, INC. | Technology | $2.4M | 0.7% | 21K | -19% | 10+ qtrs | 70.4 | 13F | |
| 24 | Apple Inc. | Technology | $2.4M | 0.7% | 8,244 | +2% | 10+ qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | — | ISHARES TR - CORE S&P US VLUetf/fund | — | $2.1M | 0.6% | 19K | +22% | — | — | 13F |
| 26 | $CIEN | CIENA CORP | Technology | $2.1M | 0.6% | 4,281 | -3% | |||
| 27 | — | SPDR SERIES TRUST - ST STR P500GRW | — | $2.0M | 0.5% | 17K | +22% | |||
| 28 | — | SELECT SECTOR SPDR TR - ST STR ENERG ETF | — | $1.9M | 0.5% | 36K | -6% | |||
| 29 | — | ISHARES TR - EXPANDED TECH | — | $1.8M | 0.5% | 20K | -2% | |||
| 30 | $TSLA | Tesla, Inc. | Consumer Discretionary | $1.8M | 0.5% | 4,191 | -0.5% | |||
| 31 | $BIDU | Baidu, Inc. | Technology | $1.7M | 0.5% | 15K | -2% | |||
| 32 | $FSLR | FIRST SOLAR, INC. | Technology | $1.6M | 0.4% | 6,583 | +71% | |||
| 33 | $ARM | ARM HOLDINGS PLC /UK | Technology | $1.5M | 0.4% | 4,195 | New | |||
| 34 | — | VANGUARD WORLD FD - UTILITIES ETF | — | $1.4M | 0.4% | 7,180 | -0.9% | |||
| 35 | $CMI | CUMMINS INC | Industrials | $1.4M | 0.4% | 1,964 | -3% | |||
| 36 | $CAT | CATERPILLAR INC | Industrials | $1.3M | 0.3% | 1,224 | +0.3% | |||
| 37 | — | ISHARES TR - CORE UNIVRSL USD | — | $1.3M | 0.3% | 28K | +16% | |||
| 38 | — | VANGUARD INDEX FDS - EXTEND MKT ETF | — | $1.0M | 0.3% | 4,209 | New | |||
| 39 | — | SCHWAB STRATEGIC TR - US LRG CAP ETF | — | $1.0M | 0.3% | 35K | -4% | |||
| 40 | $DE | DEERE & CO | Industrials | $1.0M | 0.3% | 1,620 | +15% | |||
| 41 | $CCJ | CAMECO CORP | Materials | $1.0M | 0.3% | 10K | -3% | |||
| 42 | $JPM | JPMORGAN CHASE & CO | Financials | $1.0M | 0.3% | 3,079 | -8% | |||
| 43 | $GLW | CORNING INC /NY | Materials | $970K | 0.3% | 3,796 | -0.7% | |||
| 44 | $PFE | PFIZER INC | Healthcare | $883K | 0.2% | 37K | +1.0% | |||
| 45 | — | SCHWAB STRATEGIC TR - US MID-CAP ETF | — | $821K | 0.2% | 22K | -3% | |||
| 46 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $796K | 0.2% | 5,426 | -0.5% | |||
| 47 | — | VANGUARD WORLD FD - MATERIALS ETF | — | $793K | 0.2% | 3,463 | -9% | |||
| 48 | $MSFT | MICROSOFT CORP | Technology | $760K | 0.2% | 2,036 | -4% | |||
| 49 | $BABA | Alibaba Group Holding Ltd | Consumer Discretionary | $740K | 0.2% | 7,708 | -3% | |||
| 50 | $IBM | INTERNATIONAL BUSINESS MACHINES CORP | Technology | $710K | 0.2% | 2,524 | -2% | |||
| 51 | — | SCHWAB STRATEGIC TR - US LCAP VA ETF | — | $694K | 0.2% | 20K | -0.4% | |||
| 52 | $AMZN | AMAZON COM INC | Consumer Discretionary | $684K | 0.2% | 2,868 | -7% | |||
| 53 | $TXN | TEXAS INSTRUMENTS INC | Technology | $661K | 0.2% | 2,215 | -1% | |||
| 54 | $JNJ | JOHNSON & JOHNSON | Healthcare | $641K | 0.2% | 2,525 | -7% | |||
| 55 | $CVX | CHEVRON CORP | Energy | $602K | 0.2% | 3,633 | -1.0% | |||
| 56 | $BKR | Baker Hughes Co | Energy | $586K | 0.2% | 11K | -3% | |||
| 57 | — | SCHWAB STRATEGIC TR - 5 10YR CORP BD | — | $573K | 0.2% | 25K | — | |||
| 58 | $PFH | PRUDENTIAL FINANCIAL INC | Financials | $561K | 0.1% | 5,197 | +1% | |||
| 59 | $RTX | RTX Corp | Industrials | $561K | 0.1% | 2,955 | -8% | |||
| 60 | $SNA | Snap-on Inc | Industrials | $557K | 0.1% | 1,383 | +1% | |||
| 61 | $MRK | Merck & Co., Inc. | Healthcare | $555K | 0.1% | 4,322 | +0.1% | |||
| 62 | $EMR | EMERSON ELECTRIC CO | Industrials | $552K | 0.1% | 3,853 | -0.4% | |||
| 63 | — | VANGUARD INDEX FDS - TOTAL STK MKT | — | $532K | 0.1% | 1,436 | — | |||
| 64 | $SPGI | S&P Global Inc. | Financials | $502K | 0.1% | 1,303 | +6% | |||
| 65 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $485K | 0.1% | 969 | -3% | |||
| 66 | — | SPDR SERIES TRUST - ST INTER ETF | — | $454K | 0.1% | 16K | New | |||
| 67 | $KO | COCA COLA CO | Consumer Staples | $447K | 0.1% | 5,465 | -0.9% | |||
| 68 | $NVDA | NVIDIA CORP | Technology | $432K | 0.1% | 2,160 | -0.7% | |||
| 69 | $PEP | PEPSICO INC | Consumer Staples | $432K | 0.1% | 3,190 | +1% | |||
| 70 | $ABBV | AbbVie Inc. | Healthcare | $429K | 0.1% | 1,704 | -0.1% | |||
| 71 | $OKLO | Oklo Inc. | Utilities | $426K | 0.1% | 8,148 | +5% | |||
| 72 | $UNP | UNION PACIFIC CORP | Industrials | $419K | 0.1% | 1,542 | +0.1% | |||
| 73 | $AXP | AMERICAN EXPRESS CO | Financials | $399K | 0.1% | 1,181 | -2% | |||
| 74 | — | ISHARES TR - U S EQUITY FACTR | — | $396K | 0.1% | 5,230 | +22% | |||
| 75 | $FITB | FIFTH THIRD BANCORP | Financials | $385K | 0.1% | 6,829 | +2% | |||
| 76 | $ETN | Eaton Corp plc | Industrials | $382K | 0.1% | 897 | -4% | |||
| 77 | $LLY | ELI LILLY & Co | Healthcare | $372K | 0.1% | 310 | — | |||
| 78 | $SYBT | Stock Yards Bancorp, Inc. | Financials | $357K | 0.1% | 4,643 | — | |||
| 79 | $GLD | SPDR GOLD TRUST | Financials | $355K | 0.1% | 964 | -3% | |||
| 80 | $FAST | FASTENAL CO | Industrials | $353K | 0.1% | 7,352 | +0.0% | |||
| 81 | — | SCHWAB STRATEGIC TR - INTL EQTY ETF | — | $352K | 0.1% | 13K | -39% | |||
| 82 | $SPY | SPDR S&P 500 ETF TRUST | — | $351K | 0.1% | 470 | +5% | |||
| 83 | $GRMN | GARMIN LTD | Technology | $346K | 0.1% | 1,455 | — | |||
| 84 | $MET | METLIFE INC | Financials | $344K | 0.1% | 4,067 | -1% | |||
| 85 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | — | $341K | 0.1% | 497 | — | |||
| 86 | — | ISHARES TR - CORE INTL AGGR | — | $338K | 0.1% | 6,682 | New | |||
| 87 | $KR | KROGER CO | Consumer Staples | $337K | 0.1% | 6,068 | -48% | |||
| 88 | $ADM | Archer-Daniels-Midland Co | Consumer Staples | $332K | 0.1% | 4,352 | +0.4% | |||
| 89 | $AFL | AFLAC INC | Financials | $325K | 0.1% | 2,773 | -3% | |||
| 90 | — | VANGUARD SPECIALIZED FUNDS - DIV APP ETF | — | $317K | 0.1% | 1,341 | -0.4% | |||
| 91 | — | SCHWAB STRATEGIC TR - INTERNL DIVID | — | $315K | 0.1% | 9,927 | -0.3% | |||
| 92 | — | SCHWAB STRATEGIC TR - US AGGREGATE B | — | $315K | 0.1% | 14K | -9% | |||
| 93 | $MDLZ | Mondelez International, Inc. | Consumer Staples | $296K | 0.1% | 5,117 | +1.0% | |||
| 94 | $TROW | PRICE T ROWE GROUP INC | Financials | $293K | 0.1% | 2,574 | -1% | |||
| 95 | — | ISHARES TR - MBS ETF | — | $278K | 0.1% | 2,944 | -30% | |||
| 96 | $LMT | LOCKHEED MARTIN CORP | Industrials | $259K | 0.1% | 508 | +0.2% | |||
| 97 | $TGT | TARGET CORP | Consumer Staples | $258K | 0.1% | 1,979 | +3% | |||
| 98 | $LOW | LOWES COMPANIES INC | Consumer Discretionary | $257K | 0.1% | 1,165 | +0.7% | |||
| 99 | $GD | GENERAL DYNAMICS CORP | Industrials | $246K | 0.1% | 695 | -1% | |||
| 100 | — | VANGUARD STAR FDS - VG TL INTL STK F | — | $246K | 0.1% | 2,878 | — | |||
| 101 | — | ISHARES TR - CORE S&P US GWT | — | $245K | 0.1% | 1,301 | -18% | |||
| 102 | $CSX | CSX CORP | Industrials | $236K | 0.1% | 4,971 | -29% | |||
| 103 | — | ISHARES TR - CORE S&P500 ETF | — | $235K | 0.1% | 314 | -2% | |||
| 104 | $DUK | Duke Energy CORP | Utilities | $228K | 0.1% | 1,803 | +2% | |||
| 105 | $MCD | MCDONALDS CORP | Consumer Discretionary | $226K | 0.1% | 834 | -3% | |||
| 106 | $META | Meta Platforms, Inc. | Technology | $222K | 0.1% | 394 | -3% | |||
| 107 | — | VANGUARD WHITEHALL FDS - HIGH DIV YLD | — | $222K | 0.1% | 1,403 | +0.1% | |||
| 108 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $220K | 0.1% | 624 | -4% | |||
| 109 | $INTC | INTEL CORP | Technology | $217K | 0.1% | 1,556 | New | |||
| 110 | $GOOG | Alphabet Inc. | Technology | $217K | 0.1% | 615 | -36% | |||
| 111 | $SNPS | SYNOPSYS INC | Technology | $211K | 0.1% | 3,143 | -18% | |||
| 112 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $208K | 0.1% | 4,919 | New | |||
| 113 | $BLK | BlackRock, Inc. | Financials | $205K | 0.1% | 213 | +0.5% | |||
| 114 | $GE | GENERAL ELECTRIC CO | Industrials | $202K | 0.1% | 540 | New | |||
| 115 | $UPS | UNITED PARCEL SERVICE INC | Industrials | $201K | 0.1% | 1,869 | New | |||
| 116 | $IVZ | Invesco Ltd. | Financials | $127K | 0.0% | 12K | -6% |
What changed in Q2 2026
Against the previous quarter's 13F: 8 new, 34 added to, 66 trimmed, 6 sold out. Share-count changes; largest moves by dollar size first.
New positions (8)
$ARMARM HOLDINGS PLC /UK$1.5M
first bought this quarter
- VANGUARD INDEX FDS - EXTEND MKT ETF$1.0M
first bought this quarter
- SPDR SERIES TRUST - ST INTER ETF$454K
first bought this quarter
- ISHARES TR - CORE INTL AGGR$338K
first bought this quarter
$INTCINTEL CORP$217K
first bought this quarter
$VZVERIZON COMMUNICATIONS INC$208K
first bought this quarter
+2 more in the Excel export
Added to (34)
- VANGUARD WORLD FD - INF TECH ETF+685%
now $6.4M
- VANGUARD BD INDEX FDS - TOTAL BND MRKT+3%
now $69.1M
$FSLRFIRST SOLAR, INC.+71%
now $1.6M · held 4 qtrs
- ISHARES TR - IBOXX INV CP ETF+2%
now $29.7M
- VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US+19%
now $2.5M
- ISHARES TR - CORE S&P US VLU+22%
now $2.1M
+28 more in the Excel export
Trimmed (66)
now $3.1M · held 10+ qtrs, 4 trims in a row
- SCHWAB STRATEGIC TR - US SML CAP ETF-3%
now $28.1M
$CSCOCISCO SYSTEMS, INC.-19%
now $2.4M · held 10+ qtrs
$KRKROGER CO-48%
now $337K · held 8 qtrs
- SCHWAB STRATEGIC TR - INTL EQTY ETF-39%
now $352K
now $46.4M · held 8 qtrs
+60 more in the Excel export
Sold out (6)
$SNOWSnowflake Inc.was $1.1M
held 6 qtrs
$XOM.R34088EXXON MOBIL CORPwas $1.1M
held 9+ qtrs
$MDTMedtronic plcwas $708K
held 2 qtrs
- VANGUARD INDEX FDSwas $545K
- ISHARES TRwas $341K
$WMTWalmart Inc.was $230K
Holdings by quarter
Every 13F Joule Financial, LLC has filed, 16 earlier quarters. Pick one to see what it held then.
Is it too late to follow Joule Financial?
Q2 2026 13F filed with the SEC on Jul 15, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Joule Financial's top 20 holdings: 69/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)
Top 10 since filing
-2.2%
Value-weighted move of the 10 largest stock positions
Turnover
3%
Last quarter; 16% over the last 4
Top 10 weight
71%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
97%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Joule Financial, LLC disclosed 116 positions worth $368.8M in its Form 13F-HR for Q2 2026, followed by $IVZ. During the quarter the fund opened 8 new positions and exited 6 — including a new stake in $ARM and a full exit from $SNOW. The portfolio is most concentrated in Other (72.8% of disclosed assets). All figures are sourced directly from Joule Financial, LLC’s Form 13F-HR filing with the SEC under CIK 1929070.
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AI-Powered Hedge Fund Analysis: Joule Financial, LLC
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Every holding in Joule Financial, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.