Institutional Manager · CIK 0001730511

Bedel Financial Consulting, Inc.

INDIANAPOLIS, IN · File #028-18265

Latest AUM

$929.3M

Positions

293

Top-10 Concentration

73.3%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	VANGUARD WELLINGTON FD	921935870	+142,165	+$14.4M	-$7,915
ADD	DIMENSIONAL ETF TRUST	25434V302	+105,136	+$3.4M	+$659,388
ADD	VANGUARD INDEX FDS	922908769	+6,963	+$2.3M	+$73,320
ADD	VANGUARD SCOTTSDALE FDS	92206C409	+23,198	+$1.8M	-$10,870
ADD	VANGUARD MUN BD FDS	922907746	+30,628	+$1.5M	+$145,456
ADD	VANGUARD INTL EQUITY INDEX F	922042775	+17,535	+$1.3M	+$13,813
ADD	SPDR GOLD TR	GLD	+2,994	+$1.2M	+$218,903
NEW	ISHARES TR	464288661	+9,071	+$1.1M	$0
ADD	VANGUARD INTL EQUITY INDEX F	922042858	+17,787	+$956,238	-$5,253
ADD	ISHARES TR	46436E528	+39,533	+$912,424	-$11,614

Sector Allocation

39.4%$366.3M

5.7%$53.2M

2.9%$27.1M

1.2%$11.1M

Consumer Discretionary

1.1%$10.2M

Financials

0.9%$8.6M

Consumer Staples

0.9%$8.0M

Energy

0.5%$4.9M

Communication Services

0.3%$2.7M

Utilities

0.3%$2.6M

Real Estate

0.0%$214,008

Filing History

Jan 28, 202613F HOLDINGS REPORTQ/E Dec 2025293 pos · $929.3M
Nov 7, 202513F HOLDINGS REPORTQ/E Sep 2025289 pos · $783.3M
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 2025277 pos · $733.2M
May 7, 202513F HOLDINGS REPORTQ/E Mar 2025264 pos · $697.9M
Feb 6, 202513F HOLDINGS REPORTQ/E Dec 2024270 pos · $720.1M
Nov 12, 202413F HOLDINGS REPORTQ/E Sep 2024260 pos · $708.7M
Aug 5, 202413F HOLDINGS REPORTQ/E Jun 2024252 pos · $682.4M
May 7, 202413F HOLDINGS REPORTQ/E Mar 2024254 pos · $637.5M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ELI LILLY & CO	LLY	328,037	$352.5M	45.90%
2	DIMENSIONAL ETF TRUST	25434V203	1,458,188	$55.6M	7.24%
3	VANGUARD MUN BD FDS	922907746	691,896	$34.8M	4.53%
4	DIMENSIONAL ETF TRUST	25434V302	739,164	$24.1M	3.13%
5	APPLE INC	AAPL	77,747	$21.1M	2.75%
6	VANGUARD WELLINGTON FD	921935870	164,779	$16.7M	2.18%
7	MICROSOFT CORP	MSFT	33,631	$16.3M	2.12%
8	AMERICAN CENTY ETF TR	025072802	159,661	$15.0M	1.95%
9	ISHARES TR	464288885	122,227	$13.9M	1.81%
10	SPDR S&P 500 ETF TR	SPY	19,060	$13.0M	1.69%
11	ISHARES TR	464288307	159,323	$12.7M	1.66%
12	CAPITAL GROUP GROWTH ETF	14020G101	281,826	$12.5M	1.63%
13	JPMORGAN CHASE & CO.	VYLD	31,717	$10.2M	1.33%
14	BERKSHIRE HATHAWAY INC DEL	BRK-A	18,671	$9.4M	1.22%
15	INNOVATOR ETFS TRUST	INHD	236,921	$9.3M	1.21%
16	SSGA ACTIVE ETF TR	78467V848	228,099	$9.2M	1.20%
17	ISHARES TR	464287200	11,239	$7.7M	1.00%
18	FIRST TR EXCHANGE-TRADED ALP	33737M300	74,442	$7.2M	0.93%
19	ISHARES TR	464288406	86,288	$7.1M	0.93%
20	ALPHABET INC	GOOG	21,050	$6.6M	0.86%