13F HOLDINGS REPORT

Goelzer Investment Management, Inc.

Quarter ended Q3 2024 · Filed October 4, 2024 · Accession 0001085146-24-004632

Total Value

$1.82B

Positions

225

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (225)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ELI LILLY & CO	LLY	546,870	$484.5M	26.55%
2	ISHARES TR	464287200	250,051	$144.2M	7.90%
3	SPDR SER TR	78464A300	910,990	$79.1M	4.33%
4	ISHARES TR	464287507	1,181,060	$73.6M	4.03%
5	SCHWAB STRATEGIC TR	808524805	957,352	$39.4M	2.16%
6	MICROSOFT CORP	MSFT	88,347	$38.0M	2.08%
7	APPLE INC	AAPL	152,108	$35.4M	1.94%
8	ISHARES TR	464287804	192,726	$22.5M	1.24%
9	EXXON MOBIL CORP	XOM	168,605	$19.8M	1.08%
10	EATON CORP PLC	ETN	59,195	$19.6M	1.08%
11	QUALCOMM INC	QCOM	110,118	$18.7M	1.03%
12	ISHARES TR	464288653	163,214	$17.8M	0.98%
13	LOCKHEED MARTIN CORP	LMT	29,256	$17.1M	0.94%
14	ALPHABET INC	GOOG	95,853	$16.0M	0.88%
15	MERCK & CO INC	MRK	134,005	$15.2M	0.83%
16	OMEGA HEALTHCARE INVS INC	681936100	350,616	$14.3M	0.78%
17	JANUS DETROIT STR TR	47103U852	302,852	$14.1M	0.77%
18	ISHARES TR	464288646	266,229	$14.0M	0.77%
19	PEPSICO INC	PEP	80,923	$13.8M	0.75%
20	NVIDIA CORPORATION	NVDA	101,161	$12.3M	0.67%
21	PIMCO ETF TR	72201R866	230,633	$12.2M	0.67%
22	CHEVRON CORP NEW	CVX	82,749	$12.2M	0.67%
23	BROADCOM INC	AVGO	70,261	$12.1M	0.66%
24	US BANCORP DEL	USB-PS	244,136	$11.2M	0.61%
25	NISOURCE INC	NI	320,496	$11.1M	0.61%
26	JPMORGAN CHASE & CO.	VYLD	52,466	$11.1M	0.61%
27	ISHARES TR	464287598	58,164	$11.0M	0.60%
28	AIR PRODS & CHEMS INC	AIIR	36,236	$10.8M	0.59%
29	PRINCIPAL FINANCIAL GROUP IN	PFG	124,665	$10.7M	0.59%
30	ANALOG DEVICES INC	ADI	45,224	$10.4M	0.57%
31	ABBVIE INC	ABBV	52,647	$10.4M	0.57%
32	WALMART INC	WMT	120,223	$9.7M	0.53%
33	JOHNSON & JOHNSON	JNJ	58,407	$9.5M	0.52%
34	TRAVELERS COMPANIES INC	TRV	39,600	$9.3M	0.51%
35	TE CONNECTIVITY PLC	TEL	61,357	$9.3M	0.51%
36	BERKSHIRE HATHAWAY INC DEL	BRK-A	20,101	$9.3M	0.51%
37	BANK AMERICA CORP	060505104	231,057	$9.2M	0.50%
38	AMAZON COM INC	AMZN	48,371	$9.0M	0.49%
39	SPDR S&P 500 ETF TR	SPY	15,482	$8.9M	0.49%
40	ENBRIDGE INC	ENNPF	216,807	$8.8M	0.48%
41	UNITEDHEALTH GROUP INC	UNH	14,997	$8.8M	0.48%
42	COSTCO WHSL CORP NEW	22160K105	9,823	$8.7M	0.48%
43	VERIZON COMMUNICATIONS INC	VZ	191,537	$8.6M	0.47%
44	CITIZENS FINL GROUP INC	CIA	206,300	$8.5M	0.46%
45	GENTEX CORP	GNTX	280,836	$8.3M	0.46%
46	AMERICAN ELEC PWR CO INC	025537101	79,771	$8.2M	0.45%
47	PALO ALTO NETWORKS INC	PANW	23,923	$8.2M	0.45%
48	INTERNATIONAL BUSINESS MACHS	INTR	36,569	$8.1M	0.44%
49	PRUDENTIAL FINL INC	PUKPF	61,811	$7.5M	0.41%
50	PROCTER AND GAMBLE CO	742718109	43,099	$7.5M	0.41%
51	ENTERGY CORP NEW	ENO	55,297	$7.3M	0.40%
52	VISA INC	V	26,285	$7.2M	0.40%
53	INTERPUBLIC GROUP COS INC	INTR	218,193	$6.9M	0.38%
54	CISCO SYS INC	CSCO	129,287	$6.9M	0.38%
55	ISHARES TR	464287309	71,343	$6.8M	0.37%
56	BRISTOL-MYERS SQUIBB CO	CELG-RI	130,836	$6.8M	0.37%
57	SMUCKER J M CO	832696405	55,885	$6.8M	0.37%
58	SYSCO CORP	SYY	85,118	$6.6M	0.36%
59	SPDR S&P MIDCAP 400 ETF TR	MDY	11,653	$6.6M	0.36%
60	ISHARES TR	464287606	72,067	$6.6M	0.36%
61	LOWES COS INC	548661107	24,170	$6.5M	0.36%
62	MEDTRONIC PLC	MDT	72,468	$6.5M	0.36%
63	ADOBE INC	ADBE	12,113	$6.3M	0.34%
64	ISHARES TR	464288240	109,570	$6.3M	0.34%
65	INGREDION INC	INGR	45,577	$6.3M	0.34%
66	TARGET CORP	TGT	40,057	$6.2M	0.34%
67	TJX COS INC NEW	872540109	51,875	$6.1M	0.33%
68	PRICE T ROWE GROUP INC	TROW	55,865	$6.1M	0.33%
69	STARBUCKS CORP	SBUX	61,515	$6.0M	0.33%
70	CATERPILLAR INC	CAT	15,244	$6.0M	0.33%
71	GATX CORP	GATX	44,582	$5.9M	0.32%
72	ARISTA NETWORKS INC	ANET	15,198	$5.8M	0.32%
73	ISHARES TR	464287614	15,382	$5.8M	0.32%
74	STANLEY BLACK & DECKER INC	SWK	52,178	$5.7M	0.31%
75	UNION PAC CORP	UNP	23,265	$5.7M	0.31%
76	THE CIGNA GROUP	125523100	16,410	$5.7M	0.31%
77	RIO TINTO PLC	RTNTF	79,289	$5.6M	0.31%
78	HOME DEPOT INC	HD	13,913	$5.6M	0.31%
79	SOUTHERN CO	SOMN	62,298	$5.6M	0.31%
80	MCKESSON CORP	MCK	11,359	$5.6M	0.31%
81	PFIZER INC	PFE	191,319	$5.5M	0.30%
82	RTX CORPORATION	RTX	45,439	$5.5M	0.30%
83	BOOKING HOLDINGS INC	BKNG	1,299	$5.5M	0.30%
84	WILLIAMS SONOMA INC	WSM	34,749	$5.4M	0.29%
85	ISHARES TR	464288638	97,346	$5.2M	0.29%
86	META PLATFORMS INC	META	9,084	$5.2M	0.28%
87	J P MORGAN EXCHANGE TRADED F	46641Q654	95,255	$4.9M	0.27%
88	BORGWARNER INC	BWA	132,412	$4.8M	0.26%
89	CVS HEALTH CORP	CVS	75,948	$4.8M	0.26%
90	HONEYWELL INTL INC	438516106	23,077	$4.8M	0.26%
91	ASTRAZENECA PLC	AZN	60,706	$4.7M	0.26%
92	IQVIA HLDGS INC	IQV	19,952	$4.7M	0.26%
93	ZOETIS INC	ZTS	23,939	$4.7M	0.26%
94	FIFTH THIRD BANCORP	FITBM	108,794	$4.7M	0.26%
95	FREEPORT-MCMORAN INC	FCX	92,052	$4.6M	0.25%
96	ISHARES TR	464287705	34,693	$4.3M	0.24%
97	APOLLO GLOBAL MGMT INC	03769M106	33,982	$4.2M	0.23%
98	CORTEVA INC	CTVA	71,991	$4.2M	0.23%
99	JOHNSON CTLS INTL PLC	G51502105	53,786	$4.2M	0.23%
100	KLA CORP	KLAC	5,363	$4.2M	0.23%
101	MASTERCARD INCORPORATED	MA	8,316	$4.1M	0.23%
102	AMERICAN EXPRESS CO	AXP	14,909	$4.0M	0.22%
103	NEXSTAR MEDIA GROUP INC	NXST	23,924	$4.0M	0.22%
104	BAXTER INTL INC	071813109	103,009	$3.9M	0.21%
105	NEXTERA ENERGY INC	NEE-PW	46,195	$3.9M	0.21%
106	HANOVER INS GROUP INC	410867105	25,085	$3.7M	0.20%
107	SCHLUMBERGER LTD	SLB	83,318	$3.5M	0.19%
108	EQUINIX INC	EQIX	3,928	$3.5M	0.19%
109	ULTA BEAUTY INC	ULTA	8,918	$3.5M	0.19%
110	POLARIS INC	PII	37,958	$3.2M	0.17%
111	TESLA INC	TSLA	11,968	$3.1M	0.17%
112	T-MOBILE US INC	TMUSZ	15,053	$3.1M	0.17%
113	INTUITIVE SURGICAL INC	ISRG	6,321	$3.1M	0.17%
114	DISNEY WALT CO	254687106	31,158	$3.0M	0.16%
115	CORNING INC	GLW	65,580	$3.0M	0.16%
116	EOG RES INC	EOG	23,745	$2.9M	0.16%
117	BOSTON SCIENTIFIC CORP	BSX	34,709	$2.9M	0.16%
118	VANGUARD INDEX FDS	922908629	10,732	$2.8M	0.16%
119	SCHWAB CHARLES CORP	SCHW-PJ	43,068	$2.8M	0.15%
120	ACCENTURE PLC IRELAND	ACN	7,586	$2.7M	0.15%
121	WELLS FARGO CO NEW	949746101	45,333	$2.6M	0.14%
122	VANGUARD INDEX FDS	922908751	10,707	$2.5M	0.14%
123	ISHARES TR	464287473	17,204	$2.3M	0.12%
124	ISHARES TR	464287499	25,601	$2.3M	0.12%
125	CARRIER GLOBAL CORPORATION	CARR	27,611	$2.2M	0.12%
126	ISHARES TR	464287879	20,214	$2.2M	0.12%
127	VANGUARD SCOTTSDALE FDS	92206C680	22,406	$2.2M	0.12%
128	INVESCO QQQ TR	IVZ	4,247	$2.1M	0.11%
129	AMERICAN INTL GROUP INC	026874784	27,299	$2.0M	0.11%
130	ISHARES TR	464287465	20,669	$1.7M	0.09%
131	VANGUARD INDEX FDS	922908769	5,587	$1.6M	0.09%
132	VEEVA SYS INC	VEEV	7,184	$1.5M	0.08%
133	ISHARES TR	464287432	15,186	$1.5M	0.08%
134	OTIS WORLDWIDE CORP	OTIS	12,995	$1.4M	0.07%
135	VANGUARD BD INDEX FDS	921937835	16,516	$1.2M	0.07%
136	AUTOMATIC DATA PROCESSING IN	ADP	4,186	$1.2M	0.06%
137	CUMMINS INC	CMI	3,539	$1.1M	0.06%
138	MCDONALDS CORP	MCD	3,710	$1.1M	0.06%
139	NORFOLK SOUTHN CORP	655844108	4,471	$1.1M	0.06%
140	ALPHABET INC	GOOG	6,528	$1.1M	0.06%
141	ORACLE CORP	ORCL-PD	6,192	$1.1M	0.06%
142	ISHARES TR	464288166	8,733	$964,124	0.05%
143	VANGUARD WORLD FD	92204A702	1,626	$953,761	0.05%
144	VANGUARD INDEX FDS	922908611	4,625	$928,608	0.05%
145	VERTEX PHARMACEUTICALS INC	VRTX	1,886	$877,141	0.05%
146	SELECT SECTOR SPDR TR	81369Y506	9,815	$861,797	0.05%
147	ABBOTT LABS	ABLZF	7,396	$843,218	0.05%
148	EMERSON ELEC CO	EMR	7,656	$837,337	0.05%
149	DIGITAL RLTY TR INC	253868103	5,038	$815,300	0.04%
150	FARMERS & MERCHANTS BANCORP	FMCB	27,564	$762,145	0.04%
151	GOLDMAN SACHS ETF TR	NVGLF	6,687	$755,230	0.04%
152	TRACTOR SUPPLY CO	TSCO	2,547	$741,131	0.04%
153	ISHARES TR	46432F339	4,111	$737,103	0.04%
154	COCA COLA CO	KO	9,592	$689,282	0.04%
155	ISHARES TR	464287440	7,004	$687,259	0.04%
156	FIRST SOLAR INC	FSLR	2,715	$677,230	0.04%
157	VANGUARD INTL EQUITY INDEX F	922042858	13,951	$667,556	0.04%
158	DBX ETF TR	233051200	15,774	$662,824	0.04%
159	DIGI INTL INC	253798102	23,350	$642,826	0.04%
160	SELECT SECTOR SPDR TR	81369Y605	13,694	$620,599	0.03%
161	ZIMMER BIOMET HOLDINGS INC	ZBH	5,645	$609,360	0.03%
162	SELECT SECTOR SPDR TR	81369Y803	2,694	$608,223	0.03%
163	AMERICAN TOWER CORP NEW	03027X100	2,604	$605,587	0.03%
164	3M CO	MMM	4,350	$594,645	0.03%
165	FASTENAL CO	FAST	8,281	$591,430	0.03%
166	ECOLAB INC	ECL	2,280	$582,153	0.03%
167	SELECT SECTOR SPDR TR	81369Y209	3,702	$570,199	0.03%
168	ISHARES TR	464287515	6,305	$563,478	0.03%
169	GENERAL DYNAMICS CORP	GD	1,838	$555,444	0.03%
170	XYLEM INC	XYL	3,994	$539,310	0.03%
171	HUNTINGTON INGALLS INDS INC	446413106	2,000	$528,760	0.03%
172	WASTE MGMT INC DEL	94106L109	2,546	$528,550	0.03%
173	ISHARES TR	464288182	6,693	$525,066	0.03%
174	VALERO ENERGY CORP	VLO	3,849	$519,731	0.03%
175	VANGUARD INDEX FDS	922908363	982	$518,103	0.03%
176	VANGUARD WORLD FD	92204A504	1,817	$512,758	0.03%
177	AON PLC	AON	1,445	$499,956	0.03%
178	SELECT SECTOR SPDR TR	81369Y407	2,449	$490,772	0.03%
179	VANGUARD INDEX FDS	922908553	4,997	$486,808	0.03%
180	THERMO FISHER SCIENTIFIC INC	TMO	777	$480,629	0.03%
181	BOEING CO	BA-PA	3,100	$471,324	0.03%
182	VANGUARD INDEX FDS	922908538	1,908	$464,541	0.03%
183	SNAP ON INC	SNA	1,601	$463,826	0.03%
184	CROWDSTRIKE HLDGS INC	CRWD	1,642	$460,532	0.03%
185	AMGEN INC	AMGN	1,340	$431,762	0.02%
186	CRANE COMPANY	CR	2,672	$422,925	0.02%
187	ISHARES TR	464287655	1,863	$411,519	0.02%
188	ISHARES TR	464287150	3,208	$402,989	0.02%
189	VANGUARD INDEX FDS	922908512	2,379	$398,887	0.02%
190	XCEL ENERGY INC	XELLL	6,050	$395,065	0.02%
191	AFLAC INC	AFL	3,503	$391,636	0.02%
192	SELECT SECTOR SPDR TR	81369Y704	2,880	$390,074	0.02%
193	COLGATE PALMOLIVE CO	CL	3,652	$379,115	0.02%
194	STRYKER CORPORATION	SYK	1,012	$365,596	0.02%
195	CSX CORP	CSX	10,523	$363,360	0.02%
196	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,078	$360,887	0.02%
197	COMCAST CORP NEW	CCZ	8,621	$360,100	0.02%
198	VANGUARD INTL EQUITY INDEX F	922042775	5,709	$359,667	0.02%
199	ELEVANCE HEALTH INC	ELV	682	$354,640	0.02%
200	CONOCOPHILLIPS	COP	3,359	$353,636	0.02%
201	CHUBB LIMITED	CB	1,214	$350,106	0.02%
202	GOLDMAN SACHS ETF TR	NVGLF	9,370	$338,913	0.02%
203	KRAFT HEINZ CO	KHC	9,610	$337,408	0.02%
204	VANGUARD SCOTTSDALE FDS	92206C730	1,286	$334,451	0.02%
205	LINDE PLC	LIN	690	$329,034	0.02%
206	VANGUARD WORLD FD	92204A884	2,189	$318,288	0.02%
207	PHILLIPS 66	PSX	2,320	$304,964	0.02%
208	MARATHON PETE CORP	MARA	1,854	$302,036	0.02%
209	ISHARES TR	46436E718	2,998	$301,959	0.02%
210	ADVANCED MICRO DEVICES INC	AMD	1,826	$299,611	0.02%
211	VANGUARD SPECIALIZED FUNDS	921908844	1,504	$297,889	0.02%
212	J P MORGAN EXCHANGE TRADED F	46641Q134	4,343	$286,769	0.02%
213	BP PLC	BPPFF	8,909	$279,654	0.02%
214	DICKS SPORTING GOODS INC	253393102	1,330	$277,571	0.02%
215	ISHARES TR	464287481	2,277	$267,070	0.01%
216	BECTON DICKINSON & CO	BDX	1,059	$255,325	0.01%
217	SELECT SECTOR SPDR TR	81369Y308	3,070	$254,847	0.01%
218	CHART INDS INC	16115Q308	1,942	$241,080	0.01%
219	VANGUARD WHITEHALL FDS	921946406	1,841	$236,017	0.01%
220	EPAM SYS INC	EPAM	1,167	$232,269	0.01%
221	VANGUARD SCOTTSDALE FDS	92206C714	2,663	$221,908	0.01%
222	PAYCHEX INC	PAYX	1,630	$218,730	0.01%
223	MANULIFE FINL CORP	56501R106	7,240	$213,942	0.01%
224	SPDR SER TR	78464A763	1,487	$211,214	0.01%
225	ISHARES TR	46432F842	2,608	$203,555	0.01%