Goelzer Investment Management, Inc.

Q4 2025 13F-HR Holdings

Location
Carmel, IN
Holdings as of
12/31/2025
Date filed
1/14/2026
Form type
13F-HR
Num holdings
271
Total value ($000)
$2,155,921
Net value change ($000)
+268,916 (14.3%)
New positions
32
Sold out positions
8
Turnover %
1.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/14/2025 Next filing: 4/9/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
LLY 167,961 40.4%
ACWX 22,065 341.2%
IVV 13,821 8.0%
FMAO 11,302 1640.3%
MBX 6,992 NEW
GOOGL 6,413 27.6%
OMC 5,618 NEW
AAPL 4,761 12.7%
MRK 2,810 26.4%
ACN 2,685 139.3%
Top Reduces (Value $000, Stocks/ETFs)
IPG -5,758 -100.0%
APO -3,816 -82.7%
ETN -2,712 -14.7%
MSFT -2,371 -5.5%
PANW -2,091 -22.6%
JMST -2,059 -33.1%
GLW -2,015 -39.1%
NEE -1,926 -53.7%
ANET -1,890 -26.7%
GNTX -1,713 -23.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type