Managers / Q3 2024 · view latest →

Joule Financial, LLC

CIK 0001929070 · 998 GOVERNORS LANE SUITE 325, LEXINGTON, KY, 40513 · 8598810777

Reported Value

$275M

Q3 2024

Positions

107

Filings on Record

2019–present window

Filed

Oct 17, 2024

original filing

Summary

Joule Financial, LLC reported $275M in U.S.-listed holdings across 107 positions for Q3 2024.

The portfolio is heavily concentrated: Vanguard Bd Index Fds alone accounts for 20.3% of reported value.

Compared with Q2 2024, the fund opened 47 new positions and exited 5.

Portfolio Metrics

Turnover

+2.6%

vs prior filed quarter

Top-10 Concentration

+125.6%

share of reported value

Largest Position

+20.3%

Vanguard Bd Index Fds

New / Exited

47 / 5

positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value

Portfolio Composition

By security type

ETP · 84.9% · $648M
Common Stock · 14.4% · $110M
Other · 0.6% · $4M
ADR · 0.1% · $813,622
Closed-End Fund · 0.0% · $51,007
Other · 0.0% · $25,638

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
VANGUARD BD INDEX FDS	NEW	+741.2K	741.2K	+$56M	$56M
INVESCO EXCHANGE TRADED FD T	NEW	+206.8K	206.8K	+$37M	$37M
ISHARES TR	NEW	+213.2K	213.2K	+$24M	$24M
SCHWAB STRATEGIC TR	NEW	+230.5K	230.5K	+$19M	$19M
SCHWAB STRATEGIC TR	NEW	+308.5K	308.5K	+$16M	$16M
ISHARES TR	NEW	+159.5K	159.5K	+$16M	$16M
GQ9 SPDR GOLD TR	NEW	+41.1K	41.1K	+$10M	$10M
VANGUARD TAX-MANAGED FDS	NEW	+128.8K	128.8K	+$7M	$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2024

10 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VANGUARD BD INDEX FDSREVEALED	TOTAL BND MRKT	55.77%	$153M	2.09M
2	SCHWAB STRATEGIC TRREVEALED	US DIVIDEND EQ · US SML CAP ETF · EMRG MKTEQ ETF	38.62%	$106M	1.96M
3	INVESCO EXCHANGE TRADED FD TREVEALED	S&P500 EQL WGT	37.95%	$104M	610.0K
4	ISHARES TRREVEALED	IBOXX INV CP ETF · 7-10 YR TRSY BD · 20 YR TR BD ETF	36.85%	$101M	965.3K
5	VDC VANGUARD WORLD FDREVEALED	INF TECH ETF · FINANCIALS ETF · CONSUM STP ETF · COMM SRVC ETF · INDUSTRIAL ETF · HEALTH CAR ETF · CONSUM DIS ETF	15.26%	$42M	209.9K
6	GQ9 SPDR GOLD TRREVEALEDhistory →	GOLD SHS	12.55%	$34M	158.0K
7	VANGUARD TAX-MANAGED FDSREVEALED	VAN FTSE DEV MKT	6.98%	$19M	377.2K
8	NDQ INVESCO QQQ TRREVEALEDhistory →	UNIT SER 1	6.58%	$18M	39.0K
9	VANGUARD INTL EQUITY INDEX FREVEALED	FTSE EMR MKT ETF	6.51%	$18M	401.9K
10	GOOGL ALPHABET INCREVEALED	CAP STK CL A	0.82%	$2M	12.4K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$343M	114	Apr 14, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$334M	110	Jan 20, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$334M	115	Nov 3, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$308M	108	Jul 22, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$285M	103	Apr 11, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$283M	108	Jan 15, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$275M	107	Oct 17, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$37M	65	Jul 23, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$37M	68	May 1, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$215M	106	Jan 11, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$196M	102	Oct 26, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$194M	100	Jul 14, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$186M	101	Apr 13, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$151M	99	Jan 13, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$133M	89	Oct 19, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$128M	78	Jul 19, 2022	13F-HR	changes · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.