# EDGAR Filing Document

**Accession Number:** 0001550057
**File Stem:** 0001085146-23-000264
**Filing Date:** 2023-1
**Character Count:** 29970
**Document Hash:** 5b50d9b68f697327d1aa05359d8b79fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000264.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001085146-23-000264

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Goelzer Investment Management, Inc.
- **CENTRAL INDEX KEY:** 0001550057
- **IRS NUMBER:** 352030275
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14976
- **FILM NUMBER:** 23540928

**BUSINESS ADDRESS:**
- **STREET 1:** 111 MONUMENT CIRCLE
- **STREET 2:** SUITE 500
- **CITY:** INDIANAPOLIS
- **STATE:** IN
- **ZIP:** 46204
- **BUSINESS PHONE:** 317-264-2600

**MAIL ADDRESS:**
- **STREET 1:** 111 MONUMENT CIRCLE
- **STREET 2:** SUITE 500
- **CITY:** INDIANAPOLIS
- **STATE:** IN
- **ZIP:** 46204

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Goelzer Investment Management Inc.<br>**Address:** 111 MONUMENT CIRCLE<br>SUITE 500<br>INDIANAPOLIS, IN 46204

**Form 13F File Number:** 028-14976

**CRD Number (if applicable):** 000044402

**SEC File Number (if applicable):** 801-55588

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Gregory W. Goelzer<br>**Title:** Chief Excecutive Officer<br>**Phone:** 317-264-2605

**Signature, Place, and Date of Signing:**

/s/  Gregory W. Goelzer  Indianapolis, IN  01-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 237

**Form 13F Information Table Value Total:** $1167061471

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 | BBG001S5T7X2 | 3096895 | 25825 | SH |  | SOLE |  | 77 | 0 | 25748 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 536159 | 4884 | SH |  | SOLE |  | 0 | 0 | 4884 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 8050283 | 49813 | SH |  | SOLE |  | 138 | 0 | 49675 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 3422510 | 10170 | SH |  | SOLE |  | 0 | 0 | 10170 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 | BBG001SD2SB2 | 2236620 | 15212 | SH |  | SOLE |  | 53 | 0 | 15159 |
| AFLAC INC | COM | 001055102 | BBG001S5NGJ4 | 246323 | 3424 | SH |  | SOLE |  | 0 | 0 | 3424 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 11182511 | 36276 | SH |  | SOLE |  | 2591 | 0 | 33685 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 469295 | 5319 | SH |  | SOLE |  | 0 | 0 | 5319 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 8767589 | 98812 | SH |  | SOLE |  | 0 | 0 | 98812 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 3379404 | 40231 | SH |  | SOLE |  | 0 | 0 | 40231 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 4050566 | 27415 | SH |  | SOLE |  | 5119 | 0 | 22296 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 | BBG001S5NJG1 | 5786966 | 91508 | SH |  | SOLE |  | 15330 | 0 | 76178 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | BBG001S5NPQ6 | 611004 | 2884 | SH |  | SOLE |  | 0 | 0 | 2884 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 8996049 | 54844 | SH |  | SOLE |  | 152 | 0 | 54692 |
| AON PLC | SHS CL A | G0403H108 | BBG00SSQFPR9 | 3386480 | 11283 | SH |  | SOLE |  | 0 | 0 | 11283 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 22634210 | 174203 | SH |  | SOLE |  | 5241 | 0 | 168962 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 687081 | 2877 | SH |  | SOLE |  | 0 | 0 | 2877 |
| B2GOLD CORP | COM | 11777Q209 | BBG001T0CNW6 | 81060 | 22706 | SH |  | SOLE |  | 0 | 0 | 22706 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 2968973 | 89643 | SH |  | SOLE |  | 11269 | 0 | 78374 |
| BAXTER INTL INC | COM | 071813109 | BBG001S5P1K3 | 224931 | 4413 | SH |  | SOLE |  | 0 | 0 | 4413 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 513940 | 2021 | SH |  | SOLE |  | 0 | 0 | 2021 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 9181589 | 29724 | SH |  | SOLE |  | 3200 | 0 | 26524 |
| BLACKROCK INC | COM | 09247X101 | BBG001SDBP55 | 333765 | 471 | SH |  | SOLE |  | 0 | 0 | 471 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 635284 | 3335 | SH |  | SOLE |  | 0 | 0 | 3335 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 1928623 | 957 | SH |  | SOLE |  | 0 | 0 | 957 |
| BORGWARNER INC | COM | 099724106 | BBG001S7F4D2 | 3594647 | 89308 | SH |  | SOLE |  | 17560 | 0 | 71748 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 1954954 | 42251 | SH |  | SOLE |  | 0 | 0 | 42251 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 262289 | 7509 | SH |  | SOLE |  | 0 | 0 | 7509 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 9249530 | 128555 | SH |  | SOLE |  | 416 | 0 | 128139 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 6559713 | 11732 | SH |  | SOLE |  | 0 | 0 | 11732 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 | BBG001SR7MB9 | 2817267 | 21004 | SH |  | SOLE |  | 5189 | 0 | 15815 |
| CANOPY GROWTH CORP | COM | 138035100 | BBG001T6MH82 | 24770 | 10723 | SH |  | SOLE |  | 0 | 0 | 10723 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HZM1 | 1142625 | 27700 | SH |  | SOLE |  | 0 | 0 | 27700 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 3819066 | 15942 | SH |  | SOLE |  | 0 | 0 | 15942 |
| CHART INDS INC | COM | 16115Q308 | BBG001SQV7W4 | 240831 | 2090 | SH |  | SOLE |  | 0 | 0 | 2090 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | BBG001T3TDG2 | 3792494 | 11184 | SH |  | SOLE |  | 1829 | 0 | 9355 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 17910417 | 99785 | SH |  | SOLE |  | 8273 | 0 | 91512 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 252587 | 1145 | SH |  | SOLE |  | 0 | 0 | 1145 |
| CIGNA CORP NEW | COM | 125523100 | BBG00KXRCDQ9 | 7117846 | 21482 | SH |  | SOLE |  | 79 | 0 | 21403 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 8151317 | 171102 | SH |  | SOLE |  | 467 | 0 | 170635 |
| CITIZENS FINL GROUP INC | COM | 174610105 | BBG006Q0HZT0 | 9522068 | 241861 | SH |  | SOLE |  | 18401 | 0 | 223460 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 351833 | 10061 | SH |  | SOLE |  | 0 | 0 | 10061 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 613600 | 5200 | SH |  | SOLE |  | 0 | 0 | 5200 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 5276210 | 89762 | SH |  | SOLE |  | 16441 | 0 | 73321 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 7184854 | 15739 | SH |  | SOLE |  | 0 | 0 | 15739 |
| COTERRA ENERGY INC | COM | 127097103 | BBG001S6H6Y4 | 1054299 | 42910 | SH |  | SOLE |  | 167 | 0 | 42743 |
| CRANE HLDGS CO | COM | 224441105 | BBG017BXPZ94 | 569652 | 5671 | SH |  | SOLE |  | 0 | 0 | 5671 |
| CSX CORP | COM | 126408103 | BBG001S5Q7Q3 | 326003 | 10523 | SH |  | SOLE |  | 0 | 0 | 10523 |
| CUMMINS INC | COM | 231021106 | BBG001S5Q9M3 | 2160985 | 8919 | SH |  | SOLE |  | 0 | 0 | 8919 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 11238153 | 120594 | SH |  | SOLE |  | 11735 | 0 | 108859 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051200 | BBG001S9Z3V8 | 518097 | 16075 | SH |  | SOLE |  | 0 | 0 | 16075 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 363588 | 848 | SH |  | SOLE |  | 0 | 0 | 848 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 | BBG001S7V596 | 227549 | 1277 | SH |  | SOLE |  | 0 | 0 | 1277 |
| DIGI INTL INC | COM | 253798102 | BBG001S5Z4V4 | 853442 | 23350 | SH |  | SOLE |  | 0 | 0 | 23350 |
| DIGITAL RLTY TR INC | COM | 253868103 | BBG001SM0K30 | 2701221 | 26939 | SH |  | SOLE |  | 71 | 0 | 26868 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 3654226 | 42061 | SH |  | SOLE |  | 7300 | 0 | 34761 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 1776502 | 28971 | SH |  | SOLE |  | 8070 | 0 | 20901 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 12055541 | 76811 | SH |  | SOLE |  | 3990 | 0 | 72821 |
| ECOLAB INC | COM | 278865100 | BBG001S5QRB5 | 490683 | 3371 | SH |  | SOLE |  | 0 | 0 | 3371 |
| EDISON INTL | COM | 281020107 | BBG001S7MY75 | 2035586 | 31996 | SH |  | SOLE |  | 10000 | 0 | 21996 |
| ELEVANCE HEALTH INC | COM | 036752103 | BBG001S6KBQ8 | 218525 | 426 | SH |  | SOLE |  | 0 | 0 | 426 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 605370 | 6302 | SH |  | SOLE |  | 0 | 0 | 6302 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 8625391 | 220598 | SH |  | SOLE |  | 652 | 0 | 219946 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 1233678 | 9525 | SH |  | SOLE |  | 38 | 0 | 9487 |
| EPAM SYS INC | COM | 29414B104 | BBG001SKDJH8 | 2705166 | 8254 | SH |  | SOLE |  | 0 | 0 | 8254 |
| EQUINIX INC | COM | 29444U700 | BBG001SKBNS9 | 1861595 | 2842 | SH |  | SOLE |  | 0 | 0 | 2842 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 21218239 | 192368 | SH |  | SOLE |  | 13839 | 0 | 178529 |
| FARMERS  MERCHANTS BANCORP | COM | 30779N105 | BBG001S8HL40 | 749190 | 27564 | SH |  | SOLE |  | 0 | 0 | 27564 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 485456 | 10259 | SH |  | SOLE |  | 0 | 0 | 10259 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 | BBG001S8SWQ0 | 2933020 | 43228 | SH |  | SOLE |  | 159 | 0 | 43069 |
| FIFTH THIRD BANCORP | COM | 316773100 | BBG001S5R6S2 | 2440834 | 74393 | SH |  | SOLE |  | 0 | 0 | 74393 |
| FIRST MERCHANTS CORP | COM | 320817109 | BBG001S5NNS9 | 409661 | 9965 | SH |  | SOLE |  | 0 | 0 | 9965 |
| FIRST SOLAR INC | COM | 336433107 | BBG001S991Z7 | 419112 | 2798 | SH |  | SOLE |  | 0 | 0 | 2798 |
| FIRST TR VALUE LINE DIVID IN | SHS | 33734H106 | BBG001SLWD88 | 1970995 | 49386 | SH |  | SOLE |  | 0 | 0 | 49386 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 503733 | 4984 | SH |  | SOLE |  | 4984 | 0 | 0 |
| FRANKLIN ELEC INC | COM | 353514102 | BBG001S5R3W4 | 641190 | 8040 | SH |  | SOLE |  | 0 | 0 | 8040 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 | BBG001S5R3F3 | 6820620 | 179490 | SH |  | SOLE |  | 30005 | 0 | 149485 |
| GATX CORP | COM | 361448103 | BBG001S5RM34 | 6433848 | 60503 | SH |  | SOLE |  | 214 | 0 | 60289 |
| GEN DIGITAL INC | COM | 668771108 | BBG001S5QG38 | 2303061 | 107469 | SH |  | SOLE |  | 0 | 0 | 107469 |
| GENERAL DYNAMICS CORP | COM | 369550108 | BBG001S5RHP1 | 429975 | 1733 | SH |  | SOLE |  | 0 | 0 | 1733 |
| GENTEX CORP | COM | 371901109 | BBG001S5RMR8 | 8690962 | 318700 | SH |  | SOLE |  | 752 | 0 | 317948 |
| GLOBAL PMTS INC | COM | 37940X102 | BBG001SGS2Z8 | 2848001 | 28675 | SH |  | SOLE |  | 7202 | 0 | 21473 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 | BBG00BDMWQF3 | 269669 | 9370 | SH |  | SOLE |  | 0 | 0 | 9370 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 | BBG00B0SKXY1 | 467667 | 6143 | SH |  | SOLE |  | 0 | 0 | 6143 |
| HANOVER INS GROUP INC | COM | 410867105 | BBG001S8KZF3 | 3244220 | 24008 | SH |  | SOLE |  | 65 | 0 | 23943 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 3806282 | 12051 | SH |  | SOLE |  | 31 | 0 | 12020 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 6904317 | 32218 | SH |  | SOLE |  | 4245 | 0 | 27973 |
| HOSTESS BRANDS INC | CL A | 44109J106 | BBG00B6KGPB9 | 4057399 | 180811 | SH |  | SOLE |  | 47900 | 0 | 132911 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 | BBG001V0PDL3 | 553632 | 2400 | SH |  | SOLE |  | 0 | 0 | 2400 |
| INGREDION INC | COM | 457187102 | BBG001SBH4X9 | 4294622 | 43854 | SH |  | SOLE |  | 143 | 0 | 43711 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 4900281 | 34781 | SH |  | SOLE |  | 110 | 0 | 34671 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 | BBG001S6RLK5 | 8457509 | 253903 | SH |  | SOLE |  | 817 | 0 | 253086 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 | BBG007HL81B6 | 355902 | 24080 | SH |  | SOLE |  | 0 | 0 | 24080 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 861416 | 3235 | SH |  | SOLE |  | 0 | 0 | 3235 |
| IQVIA HLDGS INC | COM | 46266C105 | BBG00333FZ54 | 5891612 | 28755 | SH |  | SOLE |  | 0 | 0 | 28755 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 | BBG001SKXPR1 | 490974 | 6049 | SH |  | SOLE |  | 0 | 0 | 6049 |
| ISHARES TR | 10-20 YR TRS ETF | 464288653 | BBG001SSD830 | 796097 | 7359 | SH |  | SOLE |  | 0 | 0 | 7359 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 8810010 | 88489 | SH |  | SOLE |  | 9646 | 0 | 78843 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 | BBG001SSD812 | 442635 | 3853 | SH |  | SOLE |  | 0 | 0 | 3853 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 646925 | 6754 | SH |  | SOLE |  | 0 | 0 | 6754 |
| ISHARES TR | AGENCY BOND ETF | 464288166 | BBG001T2RRQ4 | 1153382 | 10837 | SH |  | SOLE |  | 0 | 0 | 10837 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 44747169 | 184990 | SH |  | SOLE |  | 13512 | 0 | 171478 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 47151445 | 498219 | SH |  | SOLE |  | 24990 | 0 | 473229 |
| ISHARES TR | CORE S TTL STK | 464287150 | BBG001SHTRL5 | 217512 | 2565 | SH |  | SOLE |  | 0 | 0 | 2565 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 56442341 | 146905 | SH |  | SOLE |  | 10682 | 0 | 136223 |
| ISHARES TR | EXPANDED TECH | 464287515 | BBG001S7W2J1 | 390939 | 1528 | SH |  | SOLE |  | 0 | 0 | 1528 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 | BBG001ST0ZQ7 | 1119323 | 15202 | SH |  | SOLE |  | 0 | 0 | 15202 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 | BBG001SSD858 | 7893093 | 158432 | SH |  | SOLE |  | 0 | 0 | 158432 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 | BBG001SSD849 | 2831405 | 57189 | SH |  | SOLE |  | 0 | 0 | 57189 |
| ISHARES TR | MBS ETF | 464288588 | BBG001SSD8B1 | 7927088 | 85467 | SH |  | SOLE |  | 9969 | 0 | 75498 |
| ISHARES TR | MSCI AC ASIA ETF | 464288182 | BBG001T2V2D8 | 433639 | 6693 | SH |  | SOLE |  | 0 | 0 | 6693 |
| ISHARES TR | MSCI ACWI EX US | 464288240 | BBG001S56R18 | 5803944 | 127559 | SH |  | SOLE |  | 0 | 0 | 127559 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 1600172 | 24378 | SH |  | SOLE |  | 0 | 0 | 24378 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 | BBG004TRTWW3 | 458347 | 4022 | SH |  | SOLE |  | 0 | 0 | 4022 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 2212874 | 10329 | SH |  | SOLE |  | 0 | 0 | 10329 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 13207375 | 87091 | SH |  | SOLE |  | 0 | 0 | 87091 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 | BBG001S561V2 | 2034477 | 19313 | SH |  | SOLE |  | 0 | 0 | 19313 |
| ISHARES TR | RUS MID CAP ETF | 464287499 | BBG001SJCNS1 | 1770967 | 26256 | SH |  | SOLE |  | 0 | 0 | 26256 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 373305 | 2141 | SH |  | SOLE |  | 0 | 0 | 2141 |
| ISHARES TR | S 500 GRWT ETF | 464287309 | BBG001S561Q8 | 11917616 | 203720 | SH |  | SOLE |  | 0 | 0 | 203720 |
| ISHARES TR | S MC 400GR ETF | 464287606 | BBG001SFQL08 | 5618445 | 82261 | SH |  | SOLE |  | 0 | 0 | 82261 |
| ISHARES TR | S MC 400VL ETF | 464287705 | BBG001SFQJM9 | 4656605 | 46196 | SH |  | SOLE |  | 0 | 0 | 46196 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 | BBG001SFQL26 | 2018519 | 22106 | SH |  | SOLE |  | 0 | 0 | 22106 |
| J P MORGAN EXCHANGE TRADED F | INTRNL RES EQT | 46641Q134 | BBG016CBQVP3 | 217411 | 4343 | SH |  | SOLE |  | 0 | 0 | 4343 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 9424774 | 53353 | SH |  | SOLE |  | 6473 | 0 | 46880 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | BBG001S5WZ84 | 4184704 | 65386 | SH |  | SOLE |  | 12780 | 0 | 52606 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 6554262 | 48876 | SH |  | SOLE |  | 76 | 0 | 48800 |
| KEYCORP | COM | 493267108 | BBG001S5SKV6 | 6975310 | 400420 | SH |  | SOLE |  | 45979 | 0 | 354441 |
| KLA CORP | COM NEW | 482480100 | BBG001S5SLM4 | 2829233 | 7504 | SH |  | SOLE |  | 1600 | 0 | 5904 |
| KRAFT HEINZ CO | COM | 500754106 | BBG005CPNTR1 | 3125958 | 76786 | SH |  | SOLE |  | 17585 | 0 | 59201 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 | BBG001S9NVN8 | 1960688 | 126333 | SH |  | SOLE |  | 512 | 0 | 125821 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 31753814 | 86797 | SH |  | SOLE |  | 0 | 0 | 86797 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 14607958 | 30027 | SH |  | SOLE |  | 61 | 0 | 29966 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 6040957 | 30320 | SH |  | SOLE |  | 2600 | 0 | 27720 |
| MANULIFE FINL CORP | COM | 56501R106 | BBG001S76KD6 | 253620 | 14216 | SH |  | SOLE |  | 0 | 0 | 14216 |
| MARATHON PETE CORP | COM | 56585A102 | BBG001S169P1 | 330082 | 2836 | SH |  | SOLE |  | 0 | 0 | 2836 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 3744357 | 10768 | SH |  | SOLE |  | 0 | 0 | 10768 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 861743 | 3270 | SH |  | SOLE |  | 0 | 0 | 3270 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 6740156 | 17968 | SH |  | SOLE |  | 2450 | 0 | 15518 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 18745364 | 168953 | SH |  | SOLE |  | 12005 | 0 | 156948 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 282378 | 2347 | SH |  | SOLE |  | 0 | 0 | 2347 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 25346777 | 105691 | SH |  | SOLE |  | 4096 | 0 | 101595 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 315121 | 4728 | SH |  | SOLE |  | 0 | 0 | 4728 |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 | BBG001SKJJT9 | 4017464 | 22953 | SH |  | SOLE |  | 78 | 0 | 22875 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 505864 | 6051 | SH |  | SOLE |  | 0 | 0 | 6051 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 1423310 | 12164 | SH |  | SOLE |  | 0 | 0 | 12164 |
| NISOURCE INC | COM | 65473P105 | BBG001S5TMF9 | 4546373 | 165805 | SH |  | SOLE |  | 14629 | 0 | 151176 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 965720 | 3919 | SH |  | SOLE |  | 0 | 0 | 3919 |
| NORTHROP GRUMMAN CORP | COM | 666807102 | BBG001S5TP26 | 214970 | 394 | SH |  | SOLE |  | 0 | 0 | 394 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 | BBG001S736L1 | 12585674 | 450292 | SH |  | SOLE |  | 29078 | 0 | 421214 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 517782 | 6335 | SH |  | SOLE |  | 0 | 0 | 6335 |
| OTIS WORLDWIDE CORP | COM | 68902V107 | BBG00RP60LN7 | 1073317 | 13706 | SH |  | SOLE |  | 0 | 0 | 13706 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 4024473 | 28841 | SH |  | SOLE |  | 0 | 0 | 28841 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 10718947 | 59332 | SH |  | SOLE |  | 104 | 0 | 59228 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 11356799 | 221639 | SH |  | SOLE |  | 21573 | 0 | 200066 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 | BBG001SF6Y39 | 23158610 | 450732 | SH |  | SOLE |  | 0 | 0 | 450732 |
| PIONEER NAT RES CO | COM | 723787107 | BBG001S7V1J4 | 4068083 | 17812 | SH |  | SOLE |  | 0 | 0 | 17812 |
| POLARIS INC | COM | 731068102 | BBG001S7HWZ4 | 7088116 | 70179 | SH |  | SOLE |  | 4205 | 0 | 65974 |
| PRICE T ROWE GROUP INC | COM | 74144T108 | BBG001S5WW18 | 6239267 | 57209 | SH |  | SOLE |  | 3158 | 0 | 54051 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 | BBG001SD3148 | 10034803 | 119576 | SH |  | SOLE |  | 305 | 0 | 119271 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 5129260 | 33843 | SH |  | SOLE |  | 56 | 0 | 33787 |
| PRUDENTIAL FINL INC | COM | 744320102 | BBG001S97MM7 | 10553176 | 106105 | SH |  | SOLE |  | 8037 | 0 | 98068 |
| PULTE GROUP INC | COM | 745867101 | BBG001S5V5K7 | 682950 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 13993646 | 127284 | SH |  | SOLE |  | 8202 | 0 | 119082 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 | BBG001S5X5Q9 | 7012073 | 69482 | SH |  | SOLE |  | 8150 | 0 | 61332 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 5670653 | 79644 | SH |  | SOLE |  | 272 | 0 | 79372 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 6332979 | 118462 | SH |  | SOLE |  | 25985 | 0 | 92477 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 4643577 | 55772 | SH |  | SOLE |  | 12860 | 0 | 42912 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 | BBG001T5XQY3 | 42387273 | 1315966 | SH |  | SOLE |  | 0 | 0 | 1315966 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | BBG001S7T1S7 | 916312 | 10476 | SH |  | SOLE |  | 0 | 0 | 10476 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 | BBG001S7T223 | 596951 | 17455 | SH |  | SOLE |  | 0 | 0 | 17455 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 | BBG001S7T1Q9 | 211666 | 1639 | SH |  | SOLE |  | 0 | 0 | 1639 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 | BBG001S7SCQ6 | 569206 | 4190 | SH |  | SOLE |  | 0 | 0 | 4190 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 | BBG001S7T232 | 330392 | 3364 | SH |  | SOLE |  | 0 | 0 | 3364 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 473367 | 3804 | SH |  | SOLE |  | 0 | 0 | 3804 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG001S77WM9 | 936668 | 7973 | SH |  | SOLE |  | 7585 | 0 | 388 |
| SMUCKER J M CO | COM NEW | 832696405 | BBG001S5W3H5 | 8015178 | 50582 | SH |  | SOLE |  | 171 | 0 | 50411 |
| SNAP ON INC | COM | 833034101 | BBG001S5W688 | 365812 | 1601 | SH |  | SOLE |  | 0 | 0 | 1601 |
| SORRENTO THERAPEUTICS INC | COM NEW | 83587F202 | BBG001S6XW51 | 10632 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 4249532 | 59509 | SH |  | SOLE |  | 169 | 0 | 59340 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 21107962 | 55194 | SH |  | SOLE |  | 20035 | 0 | 35159 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 | BBG001S63NQ1 | 6131072 | 13846 | SH |  | SOLE |  | 0 | 0 | 13846 |
| SPDR SER TR | PORT MTG BK ETF | 78464A383 | BBG001T2HF72 | 3049479 | 140529 | SH |  | SOLE |  | 0 | 0 | 140529 |
| SPDR SER TR | PORTFLI INTRMDIT | 78464A672 | BBG001STKCX8 | 7740810 | 274108 | SH |  | SOLE |  | 0 | 0 | 274108 |
| SPDR SER TR | S 600 SMCP VAL | 78464A300 | BBG001SG3JV2 | 57505238 | 774794 | SH |  | SOLE |  | 47378 | 0 | 727416 |
| STANLEY BLACK  DECKER INC | COM | 854502101 | BBG001S5WHT1 | 2511955 | 33439 | SH |  | SOLE |  | 103 | 0 | 33336 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 281408 | 1151 | SH |  | SOLE |  | 0 | 0 | 1151 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 | BBG001S5S3G1 | 2578408 | 68666 | SH |  | SOLE |  | 0 | 0 | 68666 |
| SYSCO CORP | COM | 871829107 | BBG001S5WJS8 | 6264565 | 81943 | SH |  | SOLE |  | 216 | 0 | 81727 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 6402246 | 42957 | SH |  | SOLE |  | 102 | 0 | 42855 |
| TE CONNECTIVITY LTD | SHS | H84989104 | BBG001STLRP3 | 6901611 | 60119 | SH |  | SOLE |  | 148 | 0 | 59971 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 1531469 | 2781 | SH |  | SOLE |  | 0 | 0 | 2781 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 6244938 | 78454 | SH |  | SOLE |  | 12065 | 0 | 66389 |
| T-MOBILE US INC | COM | 872590104 | BBG001SKR9Y6 | 4678520 | 33418 | SH |  | SOLE |  | 4926 | 0 | 28492 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 | BBG001S60L15 | 213449 | 3296 | SH |  | SOLE |  | 0 | 0 | 3296 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 | BBG001S6WYD9 | 213866 | 3445 | SH |  | SOLE |  | 0 | 0 | 3445 |
| TRACTOR SUPPLY CO | COM | 892356106 | BBG001S7K017 | 599422 | 2664 | SH |  | SOLE |  | 0 | 0 | 2664 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 7339527 | 39146 | SH |  | SOLE |  | 96 | 0 | 39050 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG001S5YYC0 | 2636061 | 61261 | SH |  | SOLE |  | 0 | 0 | 61261 |
| ULTA BEAUTY INC | COM | 90384S303 | BBG00FWQ4W44 | 3034883 | 6470 | SH |  | SOLE |  | 0 | 0 | 6470 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 1414081 | 6829 | SH |  | SOLE |  | 0 | 0 | 6829 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 328905 | 1892 | SH |  | SOLE |  | 0 | 0 | 1892 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 11777949 | 22215 | SH |  | SOLE |  | 1990 | 0 | 20225 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 5549567 | 127254 | SH |  | SOLE |  | 344 | 0 | 126910 |
| VALERO ENERGY CORP | COM | 91913Y100 | BBG001S5X8K9 | 775495 | 6113 | SH |  | SOLE |  | 0 | 0 | 6113 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 3109215 | 41302 | SH |  | SOLE |  | 0 | 0 | 41302 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 | BBG001SRN7S6 | 480858 | 2675 | SH |  | SOLE |  | 0 | 0 | 2675 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 | BBG001SRN7W1 | 430469 | 3183 | SH |  | SOLE |  | 0 | 0 | 3183 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 2619570 | 12853 | SH |  | SOLE |  | 0 | 0 | 12853 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 847482 | 10275 | SH |  | SOLE |  | 0 | 0 | 10275 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 | BBG001SHVTR2 | 740008 | 4660 | SH |  | SOLE |  | 0 | 0 | 4660 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 2740986 | 14934 | SH |  | SOLE |  | 0 | 0 | 14934 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 1133862 | 5931 | SH |  | SOLE |  | 0 | 0 | 5931 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 286249 | 5709 | SH |  | SOLE |  | 0 | 0 | 5709 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 549930 | 14108 | SH |  | SOLE |  | 0 | 0 | 14108 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 | BBG001T62M38 | 1136374 | 14661 | SH |  | SOLE |  | 0 | 0 | 14661 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 | BBG001T62MF5 | 484333 | 10640 | SH |  | SOLE |  | 0 | 0 | 10640 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 | BBG001TCH518 | 2905485 | 52712 | SH |  | SOLE |  | 0 | 0 | 52712 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000IDX | 92206C730 | BBG001TCHM11 | 240479 | 1380 | SH |  | SOLE |  | 0 | 0 | 1380 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 | BBG001TCH7W0 | 797714 | 11336 | SH |  | SOLE |  | 0 | 0 | 11336 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 673648 | 4436 | SH |  | SOLE |  | 0 | 0 | 4436 |
| VANGUARD WORLD FDS | COMM SRVC ETF | 92204A884 | BBG001SHTV72 | 263071 | 3198 | SH |  | SOLE |  | 0 | 0 | 3198 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 495108 | 1996 | SH |  | SOLE |  | 0 | 0 | 1996 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 420474 | 1316 | SH |  | SOLE |  | 0 | 0 | 1316 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 6063986 | 153908 | SH |  | SOLE |  | 17244 | 0 | 136664 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | BBG001S68LJ8 | 629829 | 2181 | SH |  | SOLE |  | 0 | 0 | 2181 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 6266457 | 30162 | SH |  | SOLE |  | 0 | 0 | 30162 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 | BBG001S5XBY7 | 1849666 | 49509 | SH |  | SOLE |  | 156 | 0 | 49353 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 6092445 | 42968 | SH |  | SOLE |  | 4089 | 0 | 38879 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 | BBG011386VG3 | 508801 | 53671 | SH |  | SOLE |  | 48000 | 0 | 5671 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 273599 | 1744 | SH |  | SOLE |  | 0 | 0 | 1744 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 3342178 | 80944 | SH |  | SOLE |  | 15835 | 0 | 65109 |
| WILLIAMS SONOMA INC | COM | 969904101 | BBG001SBW7S1 | 3032406 | 26387 | SH |  | SOLE |  | 50 | 0 | 26337 |
| XCEL ENERGY INC | COM | 98389B100 | BBG001S7F0X8 | 438188 | 6250 | SH |  | SOLE |  | 0 | 0 | 6250 |
| XYLEM INC | COM | 98419M100 | BBG001V05C73 | 723625 | 6545 | SH |  | SOLE |  | 0 | 0 | 6545 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | BBG001S7DQJ9 | 2588101 | 20299 | SH |  | SOLE |  | 5974 | 0 | 14325 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 3117119 | 21270 | SH |  | SOLE |  | 0 | 0 | 21270 |

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