GOELZER INVESTMENT MANAGEMENT, INC.

Filed: 4/23/2025ACC: 0001085146-25-002237

📋 What this filing means

GOELZER INVESTMENT MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 228 equity positions with a total reported market value of $1.70B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

228

Positions

$1.70B

Total AUM (reported)

13.87M

Total Shares

Allocation by class

COM$1.06B62.5%

CORE S&P500 ETF$145.24M8.5%

S&P 600 SMCP VAL$72.80M4.3%

CORE S&P MCP ETF$70.42M4.1%

INTL EQTY ETF$34.59M2.0%

SHS$29.00M1.7%

COM NEW$25.72M1.5%

Portfolio Concentration

Top 3$637.96M37.5%

4–10$235.46M13.9%

11–25$201.00M11.8%

Rest$625.26M36.8%

Top 3 weight

37.5%

Top 10 weight

51.4%

Voting Authority Distribution

Total shares with voting rights: 13.87M

Sole

Full voting authority

813.23K

% of voting shares5.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

13.06M

% of voting shares94.1%

Investment Discretion (by position count)

Sole228

Shared0

Other0

Dominant voting typeNone · 94.1% of voting shares

Institutional Holdings228

Rows:

ELI LILLY & CO

SOLE

COM

Shares543.95K

TypeSH

Market value$419.93M

24.71%

Sole

0.00

Shared

0.00

None

543.95K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares246.71K

TypeSH

Market value$145.24M

8.54%

Sole

37.91K

Shared

0.00

None

208.81K

SPDR SER TR

SOLE

S&P 600 SMCP VAL

Shares834.38K

TypeSH

Market value$72.80M

4.28%

Sole

54.83K

Shared

0.00

None

779.56K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares1.13M

TypeSH

Market value$70.42M

4.14%

Sole

67.15K

Shared

0.00

None

1.06M

APPLE INC

SOLE

COM

Shares152.02K

TypeSH

Market value$38.07M

2.24%

Sole

5.62K

Shared

0.00

None

146.40K

MICROSOFT CORP

SOLE

COM

Shares86.83K

TypeSH

Market value$36.60M

2.15%

Sole

3.04K

Shared

0.00

None

83.79K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares1.87M

TypeSH

Market value$34.59M

2.04%

Sole

0.00

Shared

0.00

None

1.87M

EATON CORP PLC

SOLE

SHS

Shares57.05K

TypeSH

Market value$18.93M

1.11%

Sole

4.87K

Shared

0.00

None

52.19K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares164.06K

TypeSH

Market value$18.90M

1.11%

Sole

0.00

Shared

0.00

None

164.06K

ALPHABET INC

SOLE

CAP STK CL C

Shares94.22K

TypeSH

Market value$17.94M

1.06%

Sole

0.00

Shared

0.00

None

94.22K

EXXON MOBIL CORP

SOLE

COM

Shares163.44K

TypeSH

Market value$17.58M

1.03%

Sole

15.08K

Shared

0.00

None

148.37K

QUALCOMM INC

SOLE

COM

Shares106.47K

TypeSH

Market value$16.36M

0.96%

Sole

9.55K

Shared

0.00

None

96.92K

ISHARES TR

SOLE

10-20 YR TRS ETF

Shares151.67K

TypeSH

Market value$15.10M

0.89%

Sole

14.52K

Shared

0.00

None

137.16K

BROADCOM INC

SOLE

COM

Shares62.05K

TypeSH

Market value$14.39M

0.85%

Sole

0.00

Shared

0.00

None

62.05K

LOCKHEED MARTIN CORP

SOLE

COM

Shares28.68K

TypeSH

Market value$13.94M

0.82%

Sole

2.63K

Shared

0.00

None

26.05K

NVIDIA CORPORATION

SOLE

COM

Shares100.13K

TypeSH

Market value$13.45M

0.79%

Sole

0.00

Shared

0.00

None

100.13K

JANUS DETROIT STR TR

SOLE

HENDERSON MTG

Shares299.63K

TypeSH

Market value$13.24M

0.78%

Sole

25.01K

Shared

0.00

None

274.63K

OMEGA HEALTHCARE INVS INC

SOLE

COM

Shares340.56K

TypeSH

Market value$12.89M

0.76%

Sole

33.18K

Shared

0.00

None

307.38K

MERCK & CO INC

SOLE

COM

Shares129.57K

TypeSH

Market value$12.89M

0.76%

Sole

11.78K

Shared

0.00

None

117.80K

JPMORGAN CHASE & CO.

SOLE

COM

Shares51.82K

TypeSH

Market value$12.42M

0.73%

Sole

3.33K

Shared

0.00

None

48.48K

ISHARES TR

SOLE

ISHS 1-5YR INVS

Shares236.97K

TypeSH

Market value$12.25M

0.72%

Sole

0.00

Shared

0.00

None

236.97K

PEPSICO INC

SOLE

COM

Shares78.53K

TypeSH

Market value$11.94M

0.70%

Sole

5.89K

Shared

0.00

None

72.64K

CHEVRON CORP NEW

SOLE

COM

Shares80.18K

TypeSH

Market value$11.61M

0.68%

Sole

7.81K

Shared

0.00

None

72.38K

NISOURCE INC

SOLE

COM

Shares314.50K

TypeSH

Market value$11.56M

0.68%

Sole

30.80K

Shared

0.00

None

283.69K

US BANCORP DEL

SOLE

COM NEW

Shares238.20K

TypeSH

Market value$11.39M

0.67%

Sole

22.13K

Shared

0.00

None

216.07K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ELI LILLY & COSOLE	COM	543.95K	SH	$419.93M 24.71%	0.00	543.95K
ISHARES TRSOLE	CORE S&P500 ETF	246.71K	SH	$145.24M 8.54%	37.91K	208.81K
SPDR SER TRSOLE	S&P 600 SMCP VAL	834.38K	SH	$72.80M 4.28%	54.83K	779.56K
ISHARES TRSOLE	CORE S&P MCP ETF	1.13M	SH	$70.42M 4.14%	67.15K	1.06M
APPLE INCSOLE	COM	152.02K	SH	$38.07M 2.24%	5.62K	146.40K
MICROSOFT CORPSOLE	COM	86.83K	SH	$36.60M 2.15%	3.04K	83.79K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	1.87M	SH	$34.59M 2.04%	0.00	1.87M
EATON CORP PLCSOLE	SHS	57.05K	SH	$18.93M 1.11%	4.87K	52.19K
ISHARES TRSOLE	CORE S&P SCP ETF	164.06K	SH	$18.90M 1.11%	0.00	164.06K
ALPHABET INCSOLE	CAP STK CL C	94.22K	SH	$17.94M 1.06%	0.00	94.22K
EXXON MOBIL CORPSOLE	COM	163.44K	SH	$17.58M 1.03%	15.08K	148.37K
QUALCOMM INCSOLE	COM	106.47K	SH	$16.36M 0.96%	9.55K	96.92K
ISHARES TRSOLE	10-20 YR TRS ETF	151.67K	SH	$15.10M 0.89%	14.52K	137.16K
BROADCOM INCSOLE	COM	62.05K	SH	$14.39M 0.85%	0.00	62.05K
LOCKHEED MARTIN CORPSOLE	COM	28.68K	SH	$13.94M 0.82%	2.63K	26.05K
NVIDIA CORPORATIONSOLE	COM	100.13K	SH	$13.45M 0.79%	0.00	100.13K
JANUS DETROIT STR TRSOLE	HENDERSON MTG	299.63K	SH	$13.24M 0.78%	25.01K	274.63K
OMEGA HEALTHCARE INVS INCSOLE	COM	340.56K	SH	$12.89M 0.76%	33.18K	307.38K
MERCK & CO INCSOLE	COM	129.57K	SH	$12.89M 0.76%	11.78K	117.80K
JPMORGAN CHASE & CO.SOLE	COM	51.82K	SH	$12.42M 0.73%	3.33K	48.48K
ISHARES TRSOLE	ISHS 1-5YR INVS	236.97K	SH	$12.25M 0.72%	0.00	236.97K
PEPSICO INCSOLE	COM	78.53K	SH	$11.94M 0.70%	5.89K	72.64K
CHEVRON CORP NEWSOLE	COM	80.18K	SH	$11.61M 0.68%	7.81K	72.38K
NISOURCE INCSOLE	COM	314.50K	SH	$11.56M 0.68%	30.80K	283.69K
US BANCORP DELSOLE	COM NEW	238.20K	SH	$11.39M 0.67%	22.13K	216.07K

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