13F HOLDINGS REPORT

Goelzer Investment Management, Inc.

Quarter ended Q2 2024 · Filed August 9, 2024 · Accession 0001085146-24-003625

Total Value

$1.79B

Positions

226

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (226)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ELI LILLY & CO	LLY	568,329	$514.6M	28.79%
2	ISHARES TR	464287200	237,099	$129.7M	7.26%
3	ISHARES TR	464287507	1,137,122	$66.5M	3.72%
4	SPDR SER TR	78464A300	838,743	$65.7M	3.67%
5	MICROSOFT CORP	MSFT	90,786	$40.6M	2.27%
6	SCHWAB STRATEGIC TR	808524805	991,662	$38.1M	2.13%
7	APPLE INC	AAPL	156,562	$33.0M	1.84%
8	ISHARES TR	464287804	280,319	$29.9M	1.67%
9	QUALCOMM INC	QCOM	109,619	$21.8M	1.22%
10	EXXON MOBIL CORP	XOM	171,372	$19.7M	1.10%
11	EATON CORP PLC	ETN	59,183	$18.6M	1.04%
12	ALPHABET INC	GOOG	95,214	$17.5M	0.98%
13	MERCK & CO INC	MRK	135,359	$16.8M	0.94%
14	ISHARES TR	464288653	161,376	$16.6M	0.93%
15	LOCKHEED MARTIN CORP	LMT	29,525	$13.8M	0.77%
16	ISHARES TR	464288646	264,428	$13.5M	0.76%
17	PEPSICO INC	PEP	81,645	$13.5M	0.75%
18	ISHARES TR	464288588	145,249	$13.3M	0.75%
19	CHEVRON CORP NEW	CVX	85,143	$13.3M	0.75%
20	NVIDIA CORPORATION	NVDA	100,078	$12.4M	0.69%
21	PIMCO ETF TR	72201R866	234,261	$12.2M	0.68%
22	OMEGA HEALTHCARE INVS INC	681936100	355,879	$12.2M	0.68%
23	BROADCOM INC	AVGO	7,022	$11.3M	0.63%
24	JPMORGAN CHASE & CO.	VYLD	52,590	$10.6M	0.60%
25	ANALOG DEVICES INC	ADI	46,386	$10.6M	0.59%
26	ISHARES TR	464287598	57,240	$10.0M	0.56%
27	US BANCORP DEL	USB-PS	250,229	$9.9M	0.56%
28	PRINCIPAL FINANCIAL GROUP IN	PFG	125,751	$9.9M	0.55%
29	GENTEX CORP	GNTX	284,371	$9.6M	0.54%
30	AIR PRODS & CHEMS INC	AIIR	36,496	$9.4M	0.53%
31	TE CONNECTIVITY LTD	TEL	61,854	$9.3M	0.52%
32	COSTCO WHSL CORP NEW	22160K105	10,874	$9.2M	0.52%
33	NISOURCE INC	NI	320,448	$9.2M	0.52%
34	AMAZON COM INC	AMZN	47,614	$9.2M	0.51%
35	ABBVIE INC	ABBV	52,973	$9.1M	0.51%
36	BERKSHIRE HATHAWAY INC DEL	BRK-A	21,876	$8.9M	0.50%
37	ISHARES TR	464287309	95,979	$8.9M	0.50%
38	JOHNSON & JOHNSON	JNJ	59,592	$8.7M	0.49%
39	WALMART INC	WMT	122,568	$8.3M	0.46%
40	UNITEDHEALTH GROUP INC	UNH	16,171	$8.2M	0.46%
41	SPDR S&P 500 ETF TR	SPY	14,973	$8.1M	0.46%
42	CISCO SYS INC	CSCO	171,274	$8.1M	0.46%
43	TRAVELERS COMPANIES INC	TRV	39,832	$8.1M	0.45%
44	PALO ALTO NETWORKS INC	PANW	23,744	$8.0M	0.45%
45	ENBRIDGE INC	ENNPF	219,340	$7.8M	0.44%
46	VERIZON COMMUNICATIONS INC	VZ	188,265	$7.8M	0.43%
47	PRUDENTIAL FINL INC	PUKPF	66,183	$7.8M	0.43%
48	CITIZENS FINL GROUP INC	CIA	209,707	$7.6M	0.42%
49	PROCTER AND GAMBLE CO	742718109	44,049	$7.3M	0.41%
50	BANK AMERICA CORP	060505104	181,577	$7.2M	0.40%
51	WILLIAMS SONOMA INC	WSM	25,121	$7.1M	0.40%
52	AMERICAN ELEC PWR CO INC	025537101	80,247	$7.0M	0.39%
53	VISA INC	V	26,352	$6.9M	0.39%
54	MCKESSON CORP	MCK	11,646	$6.8M	0.38%
55	ISHARES TR	464287606	76,741	$6.8M	0.38%
56	ADOBE INC	ADBE	12,155	$6.8M	0.38%
57	PRICE T ROWE GROUP INC	TROW	56,576	$6.5M	0.36%
58	INTERPUBLIC GROUP COS INC	INTR	219,923	$6.4M	0.36%
59	INTERNATIONAL BUSINESS MACHS	INTR	36,957	$6.4M	0.36%
60	SPDR S&P MIDCAP 400 ETF TR	MDY	11,936	$6.4M	0.36%
61	ISHARES TR	464287614	17,375	$6.3M	0.35%
62	SMUCKER J M CO	832696405	56,756	$6.2M	0.35%
63	SYSCO CORP	SYY	85,737	$6.1M	0.34%
64	ISHARES TR	464288240	114,165	$6.1M	0.34%
65	TARGET CORP	TGT	40,541	$6.0M	0.34%
66	ENTERGY CORP NEW	ENO	55,770	$6.0M	0.33%
67	GATX CORP	GATX	44,781	$5.9M	0.33%
68	MEDTRONIC PLC	MDT	74,185	$5.8M	0.33%
69	TJX COS INC NEW	872540109	52,456	$5.8M	0.32%
70	BRISTOL-MYERS SQUIBB CO	CELG-RI	132,949	$5.5M	0.31%
71	THE CIGNA GROUP	125523100	16,653	$5.5M	0.31%
72	PFIZER INC	PFE	193,926	$5.4M	0.30%
73	ARISTA NETWORKS INC	ANET	15,289	$5.4M	0.30%
74	RIO TINTO PLC	RTNTF	80,482	$5.3M	0.30%
75	LOWES COS INC	548661107	24,056	$5.3M	0.30%
76	INGREDION INC	INGR	45,766	$5.2M	0.29%
77	CATERPILLAR INC	CAT	15,397	$5.1M	0.29%
78	BOOKING HOLDINGS INC	BKNG	1,293	$5.1M	0.29%
79	ISHARES TR	464288638	97,254	$5.0M	0.28%
80	HONEYWELL INTL INC	438516106	23,338	$5.0M	0.28%
81	SOUTHERN CO	SOMN	62,758	$4.9M	0.27%
82	STARBUCKS CORP	SBUX	61,892	$4.8M	0.27%
83	CVS HEALTH CORP	CVS	80,968	$4.8M	0.27%
84	FREEPORT-MCMORAN INC	FCX	98,065	$4.8M	0.27%
85	ASTRAZENECA PLC	AZN	60,942	$4.8M	0.27%
86	RTX CORPORATION	RTX	46,664	$4.7M	0.26%
87	BORGWARNER INC	BWA	138,918	$4.5M	0.25%
88	KLA CORP	KLAC	5,394	$4.4M	0.25%
89	HOME DEPOT INC	HD	12,852	$4.4M	0.25%
90	META PLATFORMS INC	META	8,700	$4.4M	0.25%
91	ISHARES TR	464287705	38,074	$4.3M	0.24%
92	IQVIA HLDGS INC	IQV	20,352	$4.3M	0.24%
93	ZOETIS INC	ZTS	24,548	$4.3M	0.24%
94	STANLEY BLACK & DECKER INC	SWK	52,746	$4.2M	0.24%
95	FIFTH THIRD BANCORP	FITBM	114,807	$4.2M	0.23%
96	SCHLUMBERGER LTD	SLB	86,091	$4.1M	0.23%
97	CORTEVA INC	CTVA	75,051	$4.0M	0.23%
98	UNION PAC CORP	UNP	17,845	$4.0M	0.23%
99	NEXSTAR MEDIA GROUP INC	NXST	24,205	$4.0M	0.22%
100	APOLLO GLOBAL MGMT INC	03769M106	33,152	$3.9M	0.22%
101	J P MORGAN EXCHANGE TRADED F	46641Q654	75,859	$3.8M	0.22%
102	JOHNSON CTLS INTL PLC	G51502105	56,488	$3.8M	0.21%
103	MASTERCARD INCORPORATED	MA	8,287	$3.7M	0.20%
104	AMERICAN EXPRESS CO	AXP	15,370	$3.6M	0.20%
105	ULTA BEAUTY INC	ULTA	9,168	$3.5M	0.20%
106	BAXTER INTL INC	071813109	103,828	$3.5M	0.19%
107	SCHWAB CHARLES CORP	SCHW-PJ	45,913	$3.4M	0.19%
108	DISNEY WALT CO	254687106	33,392	$3.3M	0.19%
109	NEXTERA ENERGY INC	NEE-PW	46,276	$3.3M	0.18%
110	BOSTON SCIENTIFIC CORP	BSX	42,205	$3.3M	0.18%
111	HANOVER INS GROUP INC	410867105	25,218	$3.2M	0.18%
112	CROWDSTRIKE HLDGS INC	CRWD	8,192	$3.1M	0.18%
113	EQUINIX INC	EQIX	4,056	$3.1M	0.17%
114	POLARIS INC	PII	38,802	$3.0M	0.17%
115	EOG RES INC	EOG	23,774	$3.0M	0.17%
116	WELLS FARGO CO NEW	949746101	49,103	$2.9M	0.16%
117	INTUITIVE SURGICAL INC	ISRG	6,282	$2.8M	0.16%
118	VANGUARD INDEX FDS	922908629	11,263	$2.7M	0.15%
119	T-MOBILE US INC	TMUSZ	15,265	$2.7M	0.15%
120	ACCENTURE PLC IRELAND	ACN	8,162	$2.5M	0.14%
121	TESLA INC	TSLA	12,093	$2.4M	0.13%
122	VANGUARD INDEX FDS	922908751	10,968	$2.4M	0.13%
123	AMERICAN INTL GROUP INC	026874784	32,032	$2.4M	0.13%
124	VANGUARD SCOTTSDALE FDS	92206C680	24,319	$2.3M	0.13%
125	ISHARES TR	46436E718	21,992	$2.2M	0.12%
126	ISHARES TR	464287473	17,457	$2.1M	0.12%
127	ISHARES TR	464287499	25,601	$2.1M	0.12%
128	INVESCO QQQ TR	IVZ	4,247	$2.0M	0.11%
129	ISHARES TR	464287879	20,460	$2.0M	0.11%
130	ISHARES TR	464287465	22,523	$1.8M	0.10%
131	CARRIER GLOBAL CORPORATION	CARR	27,611	$1.7M	0.10%
132	ISHARES TR	464287432	15,043	$1.4M	0.08%
133	VANGUARD INDEX FDS	922908769	4,908	$1.3M	0.07%
134	OTIS WORLDWIDE CORP	OTIS	13,048	$1.3M	0.07%
135	VANGUARD BD INDEX FDS	921937835	16,516	$1.2M	0.07%
136	ALPHABET INC	GOOG	6,418	$1.2M	0.07%
137	ISHARES TR	464288166	9,626	$1.0M	0.06%
138	AUTOMATIC DATA PROCESSING IN	ADP	4,211	$1.0M	0.06%
139	CUMMINS INC	CMI	3,616	$1.0M	0.06%
140	NORFOLK SOUTHN CORP	655844108	4,486	$963,100	0.05%
141	MCDONALDS CORP	MCD	3,685	$939,086	0.05%
142	VANGUARD WORLD FD	92204A702	1,571	$905,765	0.05%
143	SELECT SECTOR SPDR TR	81369Y506	9,813	$894,483	0.05%
144	ORACLE CORP	ORCL-PD	6,305	$890,266	0.05%
145	VANGUARD INDEX FDS	922908611	4,876	$889,968	0.05%
146	VERTEX PHARMACEUTICALS INC	VRTX	1,872	$877,444	0.05%
147	EMERSON ELEC CO	EMR	7,656	$843,385	0.05%
148	VALERO ENERGY CORP	VLO	5,349	$838,510	0.05%
149	ABBOTT LABS	ABLZF	7,432	$772,260	0.04%
150	GOLDMAN SACHS ETF TR	NVGLF	7,208	$770,896	0.04%
151	DIGITAL RLTY TR INC	253868103	5,050	$767,853	0.04%
152	ZIMMER BIOMET HOLDINGS INC	ZBH	6,686	$725,614	0.04%
153	ISHARES TR	46432F339	4,111	$701,995	0.04%
154	TRACTOR SUPPLY CO	TSCO	2,547	$687,813	0.04%
155	VANGUARD INTL EQUITY INDEX F	922042858	15,436	$675,480	0.04%
156	SELECT SECTOR SPDR TR	81369Y803	2,898	$655,711	0.04%
157	ISHARES TR	464287440	6,981	$653,724	0.04%
158	DBX ETF TR	233051200	15,774	$653,675	0.04%
159	AMERICAN TOWER CORP NEW	03027X100	3,333	$647,869	0.04%
160	FIRST SOLAR INC	FSLR	2,865	$645,943	0.04%
161	FARMERS & MERCHANTS BANCORP	FMCB	27,564	$640,037	0.04%
162	COCA COLA CO	KO	9,592	$610,531	0.03%
163	ISHARES TR	464287515	6,755	$587,010	0.03%
164	SELECT SECTOR SPDR TR	81369Y605	13,818	$568,049	0.03%
165	BOEING CO	BA-PA	3,063	$557,497	0.03%
166	SELECT SECTOR SPDR TR	81369Y209	3,749	$546,457	0.03%
167	ISHARES TR	464287408	2,981	$542,614	0.03%
168	XYLEM INC	XYL	3,994	$541,707	0.03%
169	ECOLAB INC	ECL	2,271	$540,498	0.03%
170	DIGI INTL INC	253798102	23,350	$535,416	0.03%
171	GENERAL DYNAMICS CORP	GD	1,838	$533,278	0.03%
172	FASTENAL CO	FAST	8,474	$532,507	0.03%
173	ISHARES TR	464287150	4,198	$498,639	0.03%
174	WASTE MGMT INC DEL	94106L109	2,316	$494,096	0.03%
175	HUNTINGTON INGALLS INDS INC	446413106	2,000	$492,660	0.03%
176	VANGUARD INDEX FDS	922908363	983	$491,523	0.03%
177	VANGUARD WORLD FD	92204A504	1,817	$483,322	0.03%
178	ISHARES TR	464288182	6,693	$481,763	0.03%
179	THERMO FISHER SCIENTIFIC INC	TMO	812	$449,036	0.03%
180	3M CO	MMM	4,350	$444,527	0.02%
181	VANGUARD INDEX FDS	922908538	1,887	$433,180	0.02%
182	AON PLC	AON	1,460	$428,627	0.02%
183	BLACKROCK INC	BLK	544	$428,303	0.02%
184	GOLDMAN SACHS ETF TR	NVGLF	12,689	$426,985	0.02%
185	AMGEN INC	AMGN	1,365	$426,495	0.02%
186	VANGUARD INDEX FDS	922908553	5,030	$421,313	0.02%
187	SELECT SECTOR SPDR TR	81369Y407	2,306	$420,699	0.02%
188	SNAP ON INC	SNA	1,601	$418,486	0.02%
189	ISHARES TR	464287655	2,009	$407,607	0.02%
190	CRANE COMPANY	CR	2,672	$387,387	0.02%
191	ELEVANCE HEALTH INC	ELV	682	$369,549	0.02%
192	COMCAST CORP NEW	CCZ	9,415	$368,692	0.02%
193	CONOCOPHILLIPS	COP	3,223	$368,647	0.02%
194	LAKELAND FINL CORP	511656100	5,940	$365,429	0.02%
195	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,078	$361,178	0.02%
196	SELECT SECTOR SPDR TR	81369Y704	2,924	$356,305	0.02%
197	KRAFT HEINZ CO	KHC	11,032	$355,452	0.02%
198	VANGUARD INDEX FDS	922908512	2,362	$355,316	0.02%
199	COLGATE PALMOLIVE CO	CL	3,652	$354,391	0.02%
200	PHILLIPS 66	PSX	2,505	$353,631	0.02%
201	CSX CORP	CSX	10,523	$351,995	0.02%
202	STRYKER CORPORATION	SYK	1,012	$344,333	0.02%
203	VANGUARD INTL EQUITY INDEX F	922042775	5,709	$334,776	0.02%
204	VANGUARD SCOTTSDALE FDS	92206C730	1,338	$329,242	0.02%
205	XCEL ENERGY INC	XELLL	6,050	$323,131	0.02%
206	MARATHON PETE CORP	MARA	1,854	$321,632	0.02%
207	BP PLC	BPPFF	8,909	$321,615	0.02%
208	AFLAC INC	AFL	3,533	$315,533	0.02%
209	VANGUARD WORLD FD	92204A884	2,243	$310,016	0.02%
210	CHART INDS INC	16115Q308	2,129	$307,300	0.02%
211	LINDE PLC	LIN	700	$307,167	0.02%
212	CHUBB LIMITED	CB	1,162	$296,403	0.02%
213	ISHARES TR	46432F842	4,068	$295,500	0.02%
214	ILLINOIS TOOL WKS INC	452308109	1,240	$293,831	0.02%
215	VANGUARD SPECIALIZED FUNDS	921908844	1,608	$293,494	0.02%
216	BECTON DICKINSON & CO	BDX	1,239	$289,567	0.02%
217	ADVANCED MICRO DEVICES INC	AMD	1,772	$287,437	0.02%
218	NIKE INC	NKE	3,808	$287,009	0.02%
219	DICKS SPORTING GOODS INC	253393102	1,330	$285,751	0.02%
220	J P MORGAN EXCHANGE TRADED F	46641Q134	4,343	$271,872	0.02%
221	ISHARES TR	464287481	2,277	$251,267	0.01%
222	EPAM SYS INC	EPAM	1,301	$244,732	0.01%
223	SPDR SER TR	78468R739	5,152	$243,123	0.01%
224	SELECT SECTOR SPDR TR	81369Y308	3,103	$237,641	0.01%
225	LAM RESEARCH CORP	LRCX	194	$206,581	0.01%
226	CRANE NXT CO	CXT	3,326	$204,283	0.01%