# LeJeune Puetz Investment Counsel LLC

> Institutional holdings reported to the SEC as of Q1 2023 on Form 13F. CIK 1698146. Source: https://holderbook.com/funds/1698146-lejeune-puetz-investment-counsel-llc/

- Reported value: $279.2M
- Positions: 196
- Weight of the ten largest: 26.4%
- Filed: 2023-05-03

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $13.0M | 78,644 | 4.6% | 18 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $9.9M | 34,425 | 3.6% | 18 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $9.7M | 192,189 | 3.5% | 18 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.9M | 66,268 | 2.5% | 18 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $6.6M | 87,135 | 2.4% | 18 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $5.8M | 42,178 | 2.1% | 18 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $5.7M | 14,025 | 2.1% | 18 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.6M | 43,347 | 2.0% | 18 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $5.3M | 34,205 | 1.9% | 18 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $5.0M | 145,107 | 1.8% | 18 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $4.6M | 88,136 | 1.7% | 18 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $4.5M | 29,955 | 1.6% | 18 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $4.1M | 165,849 | 1.5% | 18 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $4.0M | 89,417 | 1.4% | 18 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $4.0M | 17,312 | 1.4% | 18 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $3.9M | 52,150 | 1.4% | 18 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $3.7M | 15,209 | 1.3% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.3M | 11,237 | 1.2% | 18 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $3.3M | 78,714 | 1.2% | 18 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $3.2M | 11,542 | 1.2% | 18 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $3.2M | 30,000 | 1.1% | 18 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $3.2M | 67,688 | 1.1% | 18 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $3.1M | 28,498 | 1.1% | 18 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $3.1M | 75,451 | 1.1% | 18 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $3.1M | 58,515 | 1.1% | 18 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $3.0M | 32,463 | 1.1% | 18 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $2.8M | 34,035 | 1.0% | 18 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.8M | 25,703 | 1.0% | 18 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $2.8M | 57,416 | 1.0% | 18 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.7M | 67,548 | 1.0% | 18 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $2.7M | 55,912 | 1.0% | 18 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.7M | 25,550 | 0.9% | 18 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.6M | 78,975 | 0.9% | 18 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $2.6M | 20,144 | 0.9% | 18 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $2.5M | 20,530 | 0.9% | 18 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $2.5M | 64,966 | 0.9% | 16 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $2.5M | 23,225 | 0.9% | 18 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.5M | 23,207 | 0.9% | 18 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $2.4M | 28,198 | 0.9% | 18 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $2.4M | 11,379 | 0.9% | 18 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $2.4M | 15,064 | 0.9% | 11 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $2.2M | 9,798 | 0.8% | 18 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $2.2M | 25,185 | 0.8% | 18 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $2.1M | 4,465 | 0.8% | 18 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $2.0M | 4,349 | 0.7% | 18 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $2.0M | 63,585 | 0.7% | 18 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.0M | 31,975 | 0.7% | 18 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $2.0M | 25,710 | 0.7% | 18 |
| CLIFFS NATURAL RES | - | $1.9M | 103,700 | 0.7% | 18 |
| SPDR SERIES TRUST | [SJNK](https://holderbook.com/stocks/SJNK/) | $1.9M | 74,775 | 0.7% | 18 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $1.8M | 12,132 | 0.7% | 16 |
| ISHARES INC | [CEMB](https://holderbook.com/stocks/CEMB/) | $1.8M | 41,825 | 0.7% | 2 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.8M | 18,394 | 0.6% | 18 |
| DIAGEO PLC | [DGEAF](https://holderbook.com/stocks/DGEAF/) | $1.8M | 9,809 | 0.6% | 18 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $1.8M | 140,550 | 0.6% | 18 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.7M | 7,695 | 0.6% | 18 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $1.7M | 2,578 | 0.6% | 18 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.7M | 5,232 | 0.6% | 18 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $1.7M | 26,585 | 0.6% | 12 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $1.7M | 8,994 | 0.6% | 18 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.7M | 3,540 | 0.6% | 18 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $1.7M | 6,745 | 0.6% | 18 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $1.6M | 32,361 | 0.6% | 18 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.6M | 9,950 | 0.6% | 14 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $1.6M | 21,308 | 0.6% | 1 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $1.6M | 23,933 | 0.6% | 18 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.4M | 7,602 | 0.5% | 18 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.4M | 36,508 | 0.5% | 18 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.4M | 7,057 | 0.5% | 18 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $1.4M | 34,035 | 0.5% | 18 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.4M | 70,823 | 0.5% | 18 |
| BATH & BODY WORKS INC | [BBWI](https://holderbook.com/stocks/BBWI/) | $1.3M | 36,845 | 0.5% | 7 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $1.3M | 21,245 | 0.5% | 18 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $1.3M | 270,950 | 0.5% | 18 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.3M | 6,419 | 0.5% | 18 |
| ISHARES TR | [FXI](https://holderbook.com/stocks/FXI/) | $1.3M | 43,100 | 0.5% | 2 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.2M | 2,970 | 0.4% | 18 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $1.1M | 12,500 | 0.4% | 18 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $1.1M | 15,200 | 0.4% | 18 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.1M | 3,920 | 0.4% | 18 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.1M | 7,140 | 0.4% | 18 |
| ALPS ETF TR | [AMLPXXXX](https://holderbook.com/stocks/AMLPXXXX/) | $1.1M | 27,230 | 0.4% | 18 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.0M | 3,360 | 0.4% | 18 |
| HEALTHPEAK PROPERTIES INC | [DOC](https://holderbook.com/stocks/DOC/) | $983.9K | 44,786 | 0.4% | 14 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $969.0K | 5,070 | 0.3% | 18 |
| EATON VANCE SR FLTNG RTE TR | [EFR](https://holderbook.com/stocks/EFR/) | $965.6K | 85,225 | 0.3% | 18 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $951.8K | 6,455 | 0.3% | 18 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $938.7K | 13,544 | 0.3% | 16 |
| ISHARES INC | [LEMB](https://holderbook.com/stocks/LEMB/) | $933.7K | 25,900 | 0.3% | 2 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $894.8K | 12,117 | 0.3% | 18 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $860.2K | 8,328 | 0.3% | 18 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $851.1K | 11,900 | 0.3% | 18 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $817.9K | 3,960 | 0.3% | 3 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $801.2K | 7,841 | 0.3% | 18 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $796.6K | 7,956 | 0.3% | 18 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $792.3K | 11,678 | 0.3% | 18 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $755.1K | 3,580 | 0.3% | 18 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $740.0K | 17,665 | 0.3% | 18 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $709.2K | 7,293 | 0.3% | 18 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $697.9K | 7,035 | 0.2% | 18 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2023 | +3.1% | +7.0% | -4.0% | 98% |
| Q4 2022 | +9.8% | +7.1% | +2.8% | 98% |
| Q3 2022 | -6.9% | -5.3% | -1.6% | 98% |
| Q2 2022 | +3.6% | -16.5% | +20.0% | 97% |
| Q1 2022 | -5.3% | -4.9% | -0.4% | 98% |
| Q4 2021 | +7.1% | +10.7% | -3.6% | 98% |
| Q3 2021 | -2.1% | +0.3% | -2.3% | 98% |
| Q2 2021 | +5.9% | +8.0% | -2.1% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2023 | $279.2M | 196 |
| Q4 2022 | $267.9M | 192 |
| Q3 2022 | $242.9M | 190 |
| Q2 2022 | $256.9M | 189 |
| Q1 2022 | $286.5M | 192 |
| Q4 2021 | $296.8M | 195 |
| Q3 2021 | $274.9M | 196 |
| Q2 2021 | $270.8M | 187 |
| Q1 2021 | $254.7M | 183 |
| Q4 2020 | $231.7M | 181 |
| Q3 2020 | $204.3M | 172 |
| Q2 2020 | $191.1M | 168 |