Bedel Financial Consulting, Inc.
CIK 1730511 · View on SEC EDGAR ↗
- Portfolio value
- $1.0B
- Positions
- 309
- As of
- June 30, 2026
#2,387 of 9,443 by 13F value · top 25.3%
Portfolio value QoQ: +19.7% 13F does not disclose cash
- Top 10 holdings weight
- 60.42%
- Top 25 holdings weight
- 72.71%
- Positions above 1%
- 12
- Effective number of positions
- 6.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.88% Est. buys $38,407,005 · sells $8,428,369
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.5% still held
- New positions
- 28
- Increased
- 129
- Decreased
- 69
- Closed
- 14
Put-notional exposure: 0.1% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Healthcare
39.3%
Technology
6.0%
Financials
1.7%
Communication Services
1.7%
Industrials
1.7%
Retail
1.2%
Energy
0.7%
Consumer Staples
0.6%
Consumer Discretionary
0.5%
Financial Services
0.5%
Utilities
0.5%
Communications
0.4%
Real Estate
0.2%
Consumer products
0.2%
Materials
0.2%
Packaging
0.1%
Telecommunication
0.1%
Logistics & Transportation
0.0%
Other/Unmapped
44.7%
Full portfolio 309 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| LLY Eli Lilly and Company Common Stock | $393,650,045 | 37.74% | 328,198 | $92,355,312 | Up ×1 | ||
| DFAI | $65,275,577 | 6.26% | 1,582,438 | $5,742,976 | Up ×6 | ||
| VTEB | $35,586,759 | 3.41% | 703,574 | $475,387 | Down ×1 | ||
| DFAE | $32,230,636 | 3.09% | 801,558 | $6,023,125 | Up ×4 | ||
| AAPL Apple Inc. - Common Stock | $24,338,016 | 2.33% | 84,110 | $4,824,268 | Up ×1 | ||
| AVDV | $18,432,291 | 1.77% | 178,867 | $1,245,211 | Up ×3 | ||
| IMCG | $16,452,076 | 1.58% | 167,366 | $3,444,001 | Up ×4 | ||
| EFG | $15,502,689 | 1.49% | 124,600 | $1,759,601 | Up ×6 | ||
| SPY SPY | $14,758,767 | 1.41% | 19,763 | $2,187,271 | Up ×2 | ||
| CGGR | $14,023,781 | 1.34% | 297,114 | $2,385,480 | Up ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $12,591,555 | 1.21% | 33,756 | $115,525 | Up ×2 | ||
| TOTL | $10,423,041 | 1.00% | 264,075 | $352,465 | Up ×3 | ||
| JPM JP Morgan Chase & Co. Common Stock | $10,369,747 | 0.99% | 31,680 | $1,103,710 | Up ×1 | ||
| PAPR | $9,951,114 | 0.95% | 235,808 | $561,204 | Down ×3 | ||
| FYC First Trust Small Cap Growth AlphaDEX Fund | $9,936,595 | 0.95% | 78,032 | $2,452,357 | Up ×6 | ||
| BRKB | $9,525,346 | 0.91% | 19,036 | $666,930 | Up ×1 | ||
| IMCV iShares Morningstar Mid-Cap Value ETF | $8,938,456 | 0.86% | 97,819 | $1,195,477 | Up ×6 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $8,179,461 | 0.78% | 22,888 | $2,107,160 | Up ×3 | ||
| IVV | $8,029,338 | 0.77% | 10,722 | $263,588 | Down ×1 | ||
| FLV | $7,724,976 | 0.74% | 95,018 | $969,075 | Up ×6 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $7,110,329 | 0.68% | 89,970 | $1,128,853 | Up ×1 | ||
| VTI | $6,677,458 | 0.64% | 18,045 | $1,120,856 | Up ×3 | ||
| DFAT | $6,340,806 | 0.61% | 90,713 | $1,647,002 | Up ×6 | ||
| AMAT Applied Materials, Inc. - Common Stock | $6,273,382 | 0.60% | 8,677 | $3,142,539 | Down ×3 | ||
| IMCB | $6,151,548 | 0.59% | 63,707 | $1,175,366 | Up ×6 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $5,843,061 | 0.56% | 16,537 | $1,600,506 | Up ×1 | ||
| ISCF | $5,251,012 | 0.50% | 121,298 | $192,125 | Up ×2 | ||
| BRKA | $5,241,950 | 0.50% | 7 | $214,970 | |||
| NVDA NVIDIA Corporation - Common Stock | $5,200,437 | 0.50% | 25,990 | $795,515 | Up ×5 | ||
| CMI Cummins Inc. Common Stock | $5,114,590 | 0.49% | 7,171 | $1,475,781 | Up ×1 | ||
| IWR | $4,940,770 | 0.47% | 44,786 | $770,135 | Up ×5 | ||
| COWZ | $4,817,099 | 0.46% | 77,445 | $-51,647 | Down ×1 | ||
| DFIV | $4,699,888 | 0.45% | 87,003 | $85,971 | Down ×1 | ||
| VNLA | $4,259,782 | 0.41% | 87,175 | $1,094,822 | Up ×4 | ||
| QUAL | $3,928,565 | 0.38% | 17,903 | $494,810 | Up ×2 | ||
| VOO | $3,881,950 | 0.37% | 5,652 | $618,145 | Up ×6 | ||
| VTES | $3,853,326 | 0.37% | 38,035 | $332,946 | Up ×1 | ||
| PFFV | $3,744,946 | 0.36% | 169,993 | $109,945 | Up ×1 | ||
| IWM | $3,543,775 | 0.34% | 11,795 | $586,732 | Down ×3 | ||
| AMZN Amazon.com, Inc. - Common Stock | $3,506,091 | 0.34% | 14,710 | $571,263 | Up ×2 | ||
| JNJ Johnson & Johnson Common Stock | $3,322,951 | 0.32% | 13,084 | $96,630 | Down ×3 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $3,237,219 | 0.31% | 27,560 | $944,067 | Down ×3 | ||
| XOM Exxon Mobil Corporation Common Stock | $3,204,508 | 0.31% | 23,438 | $-853,285 | Down ×2 | ||
| GLD | $3,099,181 | 0.30% | 8,413 | $-480,402 | Up ×1 | ||
| IJUL | $3,074,320 | 0.29% | 85,469 | $319,502 | Up ×1 | ||
| QGRO | $2,983,714 | 0.29% | 25,275 | $338,638 | Up ×6 | ||
| INTC Intel Corporation - Common Stock | $2,965,623 | 0.28% | 21,239 | $1,931,703 | Down ×5 | ||
| ABBV AbbVie Inc. Common Stock | $2,958,436 | 0.28% | 11,757 | $403,364 | Up ×2 | ||
| SPSM | $2,940,021 | 0.28% | 50,980 | $676,381 | Up ×6 | ||
| EFA | $2,793,319 | 0.27% | 26,890 | $184,709 | Up ×6 | ||
| WMT Walmart Inc. - Common Stock | $2,734,520 | 0.26% | 24,144 | $-407,168 | Down ×3 | ||
| IJH | $2,499,957 | 0.24% | 32,421 | $238,138 | Down ×1 | ||
| BUFB | $2,426,436 | 0.23% | 61,726 | $393,008 | Up ×3 | ||
| HGER Harbor Commodity All-Weather Strategy ETF | $2,418,614 | 0.23% | 82,434 | Up ×1 | |||
| GSPY | $2,362,816 | 0.23% | 58,197 | $305,489 | Up ×1 | ||
| VSDM | $2,341,813 | 0.22% | 30,560 | Up ×1 | |||
| FNX First Trust Mid Cap Core AlphaDEX Fund | $2,297,642 | 0.22% | 15,700 | $284,233 | |||
| IWF | $2,259,460 | 0.22% | 18,197 | $341,801 | Up ×3 | ||
| ORCL Oracle Corporation Common Stock | $2,244,442 | 0.22% | 15,315 | $-8,577 | |||
| ACWX iShares MSCI ACWI ex U.S. ETF | $2,240,236 | 0.21% | 29,434 | $227,616 | Up ×2 | ||
| VUG | $2,210,170 | 0.21% | 25,658 | $252,256 | Up ×2 | ||
| CAT Caterpillar, Inc. Common Stock | $2,027,553 | 0.19% | 1,904 | $652,159 | Down ×2 | ||
| VEU | $1,997,357 | 0.19% | 23,849 | $206,294 | |||
| KO Coca-Cola Company (The) Common Stock | $1,953,248 | 0.19% | 24,034 | $69,382 | Down ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $1,951,401 | 0.19% | 5,533 | $137,264 | Up ×1 | ||
| CALF | $1,890,044 | 0.18% | 37,345 | $210,601 | Down ×6 | ||
| MCD McDonald's Corporation Common Stock | $1,885,219 | 0.18% | 6,974 | $-326,837 | Down ×2 | ||
| VWO | $1,869,861 | 0.18% | 31,326 | $229,118 | Up ×1 | ||
| POCT | $1,788,734 | 0.17% | 38,542 | $98,262 | Down ×1 | ||
| IBHF | $1,752,118 | 0.17% | 77,356 | $-20,400 | Up ×5 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,744,601 | 0.17% | 3,097 | $20,161 | Up ×1 | ||
| SPG Simon Property Group, Inc. Common Stock | $1,726,162 | 0.17% | 7,718 | $286,499 | |||
| IWS | $1,694,392 | 0.16% | 10,294 | $212,216 | Up ×1 | ||
| TCHP | $1,623,367 | 0.16% | 32,409 | $189,019 | Down ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $1,621,891 | 0.16% | 11,060 | $90,483 | Up ×1 | ||
| PEP PepsiCo, Inc. - Common Stock | $1,619,454 | 0.16% | 11,961 | $-310,815 | Down ×2 | ||
| TSLA Tesla, Inc. - Common Stock | $1,610,898 | 0.15% | 3,830 | $305,098 | Up ×1 | ||
| PJUL | $1,607,720 | 0.15% | 32,938 | $376,190 | Up ×1 | ||
| MINT | $1,564,569 | 0.15% | 15,520 | $-12,367 | Down ×1 | ||
| VGT | $1,563,568 | 0.15% | 13,082 | $548,749 | Up ×4 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $1,496,424 | 0.14% | 2,576 | $925,193 | Down ×3 | ||
| UOCT | $1,486,982 | 0.14% | 36,171 | $103,810 | |||
| DFAS | $1,459,965 | 0.14% | 17,731 | $203,417 | Up ×6 | ||
| CVX Chevron Corporation Common Stock | $1,454,478 | 0.14% | 8,775 | $-368,729 | Down ×1 | ||
| AXP American Express Company Common Stock | $1,437,525 | 0.14% | 4,250 | $153,374 | Up ×1 | ||
| AVLV | $1,417,312 | 0.14% | 15,539 | $277,084 | Up ×1 | ||
| VXUS Vanguard Total International Stock ETF | $1,404,933 | 0.13% | 16,434 | $142,234 | Up ×2 | ||
| HELO | $1,390,053 | 0.13% | 20,569 | $41,623 | Down ×1 | ||
| HBAN Huntington Bancshares Incorporated - Common Stock | $1,381,940 | 0.13% | 77,944 | $165,215 | Up ×4 | ||
| VB | $1,381,379 | 0.13% | 4,557 | $264,696 | Up ×4 | ||
| IWD | $1,325,739 | 0.13% | 5,469 | $174,583 | Up ×5 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $1,290,472 | 0.12% | 3,245 | $-205,441 | |||
| LOW Lowe's Companies, Inc. Common Stock | $1,282,243 | 0.12% | 5,815 | $-91,280 | Up ×1 | ||
| IJS | $1,278,505 | 0.12% | 9,354 | $170,524 | |||
| DIS Walt Disney Company (The) Common Stock | $1,273,322 | 0.12% | 13,229 | $-76,221 | Down ×3 | ||
| AVGO Broadcom Inc. - Common Stock | $1,250,527 | 0.12% | 3,310 | $232,968 | Up ×2 | ||
| VTV | $1,249,508 | 0.12% | 5,734 | $128,573 | Up ×1 | ||
| RTX RTX Corporation Common Stock | $1,226,794 | 0.12% | 6,466 | $-20,497 | |||
| COST Costco Wholesale Corporation - Common Stock | $1,133,677 | 0.11% | 1,212 | $78,631 | Up ×1 | ||
| IWN | $1,132,710 | 0.11% | 5,121 | $144,959 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| DFAI | $65,275,577 | 6.26% | up ×6 |
| DFAE | $32,230,636 | 3.09% | up ×4 |
| AVDV | $18,432,291 | 1.77% | up ×3 |
| IMCG | $16,452,076 | 1.58% | up ×4 |
| EFG | $15,502,689 | 1.49% | up ×6 |
| TOTL | $10,423,041 | 1.00% | up ×3 |
| FYC | $9,936,595 | 0.95% | up ×6 |
| IMCV | $8,938,456 | 0.86% | up ×6 |
| GOOGL | $8,179,461 | 0.78% | up ×3 |
| FLV | $7,724,976 | 0.74% | up ×6 |
| VTI | $6,677,458 | 0.64% | up ×3 |
| DFAT | $6,340,806 | 0.61% | up ×6 |
| IMCB | $6,151,548 | 0.59% | up ×6 |
| NVDA | $5,200,437 | 0.50% | up ×5 |
| IWR | $4,940,770 | 0.47% | up ×5 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| HGER | $2,418,614 | 82,434 | 0.23% |
| VSDM | $2,341,813 | 30,560 | 0.22% |
| Unknown issuer (CUSIP: 438516205) | $719,167 | 3,212 | 0.07% |
| Unknown issuer (CUSIP: 43849R105) | $710,109 | 3,212 | 0.07% |
| AFL | $534,395 | 4,558 | 0.05% |
| MU | $495,339 | 429 | 0.05% |
| AVUV | $398,030 | 3,190 | 0.04% |
| CRWD | $375,465 | 492 | 0.04% |
| XLG | $340,667 | 5,564 | 0.03% |
| AVMC | $313,697 | 3,909 | 0.03% |
| VYM | $288,200 | 1,824 | 0.03% |
| AVMV | $282,839 | 3,512 | 0.03% |
| IYW | $275,183 | 1,091 | 0.03% |
| ASML | $274,565 | 138 | 0.03% |
| SMH | $265,847 | 405 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| LLY | Bought more | +622 | +$92.4M |
| DFAE | Bought more | +28K | +$6.0M |
| DFAI | Bought more | +54K | +$5.7M |
| AAPL | Bought more | +7K | +$4.8M |
| IMCG | Bought more | +2K | +$3.4M |
| AMAT | Trimmed | -483 | +$3.1M |
| FYC | Bought more | +859 | +$2.5M |
| CGGR | Bought more | +8K | +$2.4M |
| SPY | Bought more | +432 | +$2.2M |
| GOOGL | Bought more | +2K | +$2.1M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HON | June 30, 2026 | 6,432 | $1,453,919 | -1.9% |
| IBHE | Dec. 31, 2025 | 31,140 | $723,077 | No longer tracked |
| CTAS | March 31, 2026 | 3,812 | $716,923 | 19.9% |
| PWV | March 31, 2026 | 8,832 | $587,505 | No longer tracked |
| ADBE | Dec. 31, 2025 | 1,212 | $427,357 | -22.0% |
| ULXXXX | Dec. 31, 2025 | 6,490 | $384,727 | No longer tracked |
| LKFN | Dec. 31, 2025 | 5,800 | $372,360 | 6.9% |
| DD | Dec. 31, 2025 | 4,685 | $364,962 | 248.6% |
| HCP | March 31, 2025 | 10,360 | $353,483 | No longer tracked |
| DFS | June 30, 2025 | 1,786 | $335,948 | No longer tracked |
| USMV | June 30, 2026 | 3,421 | $317,252 | No longer tracked |
| CLX | Dec. 31, 2025 | 2,368 | $292,000 | 4.6% |
| IEFA | June 30, 2026 | 3,048 | $275,935 | No longer tracked |
| COO | Dec. 31, 2025 | 4,000 | $274,240 | -7.5% |
| IEMG | June 30, 2026 | 3,748 | $261,409 | No longer tracked |
| SLV | June 30, 2026 | 3,694 | $251,709 | No longer tracked |
| CBXJ | June 30, 2026 | 12,061 | $250,362 | No longer tracked |
| LYB | Dec. 31, 2025 | 5,006 | $245,515 | 57.9% |
| TGT | March 31, 2025 | 1,789 | $241,938 | 55.6% |
| IRM | Dec. 31, 2025 | 2,364 | $241,035 | 50.5% |
| WY | March 31, 2025 | 7,901 | $239,728 | -15.6% |
| ACN | June 30, 2026 | 1,204 | $238,741 | 46.7% |
| DOW | June 30, 2026 | 5,662 | $235,830 | 20.0% |
| IJS | March 31, 2025 | 2,122 | $234,651 | No longer tracked |
| CRM | June 30, 2026 | 1,246 | $232,591 | 31.2% |
| PJUN | June 30, 2025 | 6,294 | $232,312 | No longer tracked |
| WAT | March 31, 2026 | 600 | $227,898 | 33.6% |
| QBTS | March 31, 2026 | 8,695 | $227,374 | No longer tracked |
| VLO | March 31, 2025 | 1,601 | $225,005 | 162.0% |
| RMD | June 30, 2026 | 1,000 | $224,480 | 18.0% |
| DD | June 30, 2026 | 4,881 | $223,529 | 3.3% |
| CWH | March 31, 2025 | 9,710 | $222,359 | -58.7% |
| IHI | March 31, 2026 | 3,534 | $219,638 | No longer tracked |
| XLY | March 31, 2025 | 956 | $219,087 | No longer tracked |
| IYW | March 31, 2026 | 1,091 | $217,851 | No longer tracked |
| PRU | March 31, 2025 | 1,907 | $217,485 | 9.6% |
| AXON | Dec. 31, 2025 | 301 | $216,010 | 7.2% |
| VLO | Sept. 30, 2025 | 1,601 | $215,206 | 103.2% |
| PRU | March 31, 2026 | 1,900 | $214,465 | 25.3% |
| CMCSA | Sept. 30, 2025 | 5,978 | $213,365 | -15.8% |
| NKE | March 31, 2026 | 3,347 | $213,251 | -23.2% |
| DOW | March 31, 2025 | 5,602 | $212,600 | -5.9% |
| PRU | Sept. 30, 2025 | 1,968 | $211,455 | 18.0% |
| PDI | March 31, 2025 | 10,812 | $211,375 | -24.2% |
| TPHE | Sept. 30, 2025 | 8,368 | $210,601 | No longer tracked |
| BIBL | March 31, 2025 | 5,086 | $210,103 | No longer tracked |
| WAT | Sept. 30, 2025 | 600 | $209,424 | 32.7% |
| BLK | March 31, 2025 | 206 | $208,997 | 22.2% |
| MDT | March 31, 2026 | 2,160 | $207,472 | 6.3% |
| CPB | March 31, 2025 | 5,560 | $207,332 | -40.6% |
| TTE | June 30, 2026 | 2,264 | $205,979 | 16.9% |
| CRWD | March 31, 2026 | 436 | $204,379 | -52.0% |
| LNC | March 31, 2026 | 4,587 | $204,259 | 20.3% |
| TTD | Dec. 31, 2025 | 4,159 | $203,833 | -65.2% |
| KE | Dec. 31, 2025 | 6,777 | $202,361 | -15.0% |
| WSO | Dec. 31, 2025 | 500 | $202,150 | -6.0% |
| UMAY | June 30, 2025 | 6,017 | $201,692 | No longer tracked |
| MTRN | March 31, 2025 | 2,000 | $201,360 | 186.5% |
| TSCO | March 31, 2026 | 4,006 | $200,342 | -23.0% |
| F | Sept. 30, 2025 | 16,123 | $174,933 | 20.0% |
| IRD | June 30, 2026 | 15,000 | $68,250 | 1.9% |
| NOTV | June 30, 2026 | 14,945 | $4,073 | No longer tracked |