1y return+28.7%S&P 500 +20.9%
3y return+64.1%S&P 500 +68.5%
5y return+64.1%S&P 500 +74.5%
10y return+185.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $285 against $357 in the S&P 500.2
Goelzer Investment Management, Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| LLYEli Lilly & Co | $644.7M | 28.1% | |
| IVVIshares Tr | $205.4M | 8.9% | −1.9% |
| IJHIshares Tr | $88.7M | 3.9% | |
| SCHFSchwab Strategic Tr | $47.4M | 2.1% | −5.6% |
| AVGOBroadcom Inc | $45.0M | 2.0% | +8.2% |
| AAPLApple Inc | $44.8M | 2.0% | −4.5% |
| JMTGJ P Morgan Exchange Traded F | $40.9M | 1.8% | −1.4% |
| SLYVSpdr Series Trust | $40.9M | 1.8% | −52.6% |
| MSFTMicrosoft Corp | $30.8M | 1.3% | −4.3% |
| GOOGAlphabet Inc | $30.5M | 1.3% | −4.6% |
| NUGONushares Etf Tr | $25.0M | 1.1% | New |
| JPMJpmorgan Chase & Co | $24.5M | 1.1% | +9.7% |
| NVDANvidia Corporation | $23.7M | 1.0% | −4.1% |
| IJRIshares Tr | $23.0M | 1.0% | −3.7% |
| Exxon Mobil CorpCUSIP 30231G102 | $21.7M | 0.9% | −2.8% |
| Eaton Corp PLCCUSIP G29183103 | $20.6M | 0.9% | −3.1% |
| CATCaterpillar Inc | $20.3M | 0.9% | −5.7% |
| TLHIshares Tr | $17.0M | 0.7% | −3.8% |
| ADIAnalog Devices Inc | $16.1M | 0.7% | −3.1% |
| ABBVAbbvie Inc | $15.8M | 0.7% | −3.7% |
| MRKMerck & Co Inc | $15.8M | 0.7% | −3.4% |
| CSCOCisco Sys Inc | $14.5M | 0.6% | −3.9% |
| JMBSJanus Detroit Str Tr | $14.4M | 0.6% | −3.8% |
| QCOMQualcomm Inc | $14.3M | 0.6% | −3.9% |
| CVXChevron Corporation | $14.1M | 0.6% | −4.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $45.0M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $644.7M |
| NVDANvidia Corporation | March 31, 2023 | +620.3% | $23.7M |
| CATCaterpillar Inc | December 31, 2021 | +415.1% | $20.3M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $30.5M |
| Eaton Corp PLCCUSIP G29183103 | June 30, 2020 | +387.1% | $20.6M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $24.5M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $44.8M |
| RTXRtx Corporation | June 30, 2020 | +207.9% | $10.7M |
| Exxon Mobil CorpCUSIP 30231G102 | June 30, 2020 | +205.7% | $21.7M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $5.7M
- CTRACoterra Energy Inc was $1.5M
- VEEVVeeva Sys Inc was $1.1M
- ZTSZoetis Inc was $744K
- VYMVanguard Whitehall Fds was $350K
- GLDSpdr Gold Tr was $341K
- Chart Inds IncCUSIP 16115Q308 was $330K
- ADBEAdobe Inc was $322K
- SDYSpdr Series Trust was $321K
- SHELShell PLC was $273K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +15.2% | +14.8% |
| March 31, 2026 | −3.9% | −4.6% |
| December 31, 2025 | +10.6% | +2.4% |
| September 30, 2025 | +5.2% | +7.8% |
| June 30, 2025 | +2.9% | +10.5% |
| March 31, 2025 | −0.4% | −4.6% |
| December 31, 2024 | −4.0% | +2.1% |
| September 30, 2024 | +4.0% | +5.4% |
| June 30, 2024 | +4.2% | +4.0% |
| March 31, 2024 | +13.2% | +10.0% |
| December 31, 2023 | +9.6% | +11.2% |
| September 30, 2023 | −3.5% | −3.6% |
| June 30, 2023 | +4.6% | +8.3% |
| March 31, 2023 | +1.7% | +7.0% |
| December 31, 2022 | +10.4% | +7.1% |
| September 30, 2022 | −5.3% | −5.3% |
| June 30, 2022 | −12.7% | −16.5% |
| March 31, 2022 | −3.2% | −4.9% |
| December 31, 2021 | +8.3% | +10.7% |
| September 30, 2021 | −1.6% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Goelzer Investment Management, Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1550057&type=13F-HR&dateb=&owner=include&count=40CIK 1550057
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1550057/000155005726000003/Filed July 15, 2026 · accession 0001550057-26-000003