UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
09-30-2022
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.
Address:
111 MONUMENT CIRCLE
SUITE 500
INDIANAPOLIS, IN 46204
Form 13F File Number:
028-14976

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
Title:
Chief Excecutive Officer
Phone:
317-264-2605


Signature, Place, and Date of Signing:

/s/ Gregory W. Goelzer
                         [Signature]
Indianapolis, INDIANA
                 [City, State]
11-10-2022
                           [Date]
                          

Report Type (Check only one.):

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

☐ 13F NOTICE. (Check here if no holdings reported are 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:
223
Form 13F Information table Value Total:
1000964
          (thousands)

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


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M COCOM88579Y1013,09027,963SHSOLE137 0 27,826
ABBOTT LABSCOM0028241005245,416SHSOLE 0 0 5,416
ABBVIE INCCOM00287Y1096,54948,800SHSOLE268 0 48,532
ADOBE SYSTEMS INCORPORATEDCOM00724F1013,28011,917SHSOLE 0 0 11,917
ADVANCE AUTO PARTS INCCOM00751Y1062,43615,583SHSOLE111 0 15,472
AIR PRODS & CHEMS INCCOM0091581068,34435,851SHSOLE2,174 0 33,677
ALPHABET INCCAP STK CL A02079K3056186,460SHSOLE 0 0 6,460
ALPHABET INCCAP STK CL C02079K1079,689100,773SHSOLE 0 0 100,773
ALTRA INDL MOTION CORPCOM02208R10652415,582SHSOLE14,685 0 897
AMAZON COM INCCOM0231351065,49148,589SHSOLE 0 0 48,589
AMERICAN EXPRESS COCOM0258161093,90128,917SHSOLE5,119 0 23,798
AMERICAN INTL GROUP INCCOM NEW0268747844,47894,303SHSOLE15,330 0 78,973
AMERICAN TOWER CORP NEWCOM03027X1005732,669SHSOLE 0 0 2,669
AMKOR TECHNOLOGY INCCOM03165210031718,565SHSOLE 0 0 18,565
ANALOG DEVICES INCCOM0326541057,56354,279SHSOLE280 0 53,999
AON PLCSHS CL AG0403H1083,15411,775SHSOLE 0 0 11,775
APPLE INCCOM03783310024,768179,216SHSOLE5,422 0 173,794
APPLIED MATLS INCCOM0382221052763,365SHSOLE 0 0 3,365
AUTOMATIC DATA PROCESSING INCOM0530151036552,897SHSOLE 0 0 2,897
BALL CORPCOM0584981061,44829,966SHSOLE 0 0 29,966
BAXTER INTL INCCOM0718131092384,413SHSOLE 0 0 4,413
BECTON DICKINSON & COCOM0758871094181,875SHSOLE 0 0 1,875
BERKSHIRE HATHAWAY INC DELCL B NEW0846707028,14630,509SHSOLE3,200 0 27,309
BK OF AMERICA CORPCOM0605051042,61086,414SHSOLE11,546 0 74,868
BLACKROCK INCCOM09247X101272494SHSOLE 0 0 494
BOEING COCOM0970231054013,312SHSOLE 0 0 3,312
BOOKING HOLDINGS INCCOM09857L1081,625989SHSOLE 0 0 989
BORGWARNER INCCOM0997241063,04196,835SHSOLE17,560 0 79,275
BOSTON SCIENTIFIC CORPCOM1011371071,69243,677SHSOLE 0 0 43,677
BP PLCSPONSORED ADR0556221042147,509SHSOLE 0 0 7,509
BRISTOL-MYERS SQUIBB COCOM1101221089,298130,786SHSOLE776 0 130,010
BROADCOM INCCOM11135F1015,24411,810SHSOLE 0 0 11,810
BROADRIDGE FINL SOLUTIONS INCOM11133T1033,33423,099SHSOLE5,189 0 17,910
CANOPY GROWTH CORPCOM1380351003211,663SHSOLE 0 0 11,663
CARRIER GLOBAL CORPORATIONCOM14448C10498527,700SHSOLE 0 0 27,700
CATERPILLAR INCCOM1491231011,96211,959SHSOLE 0 0 11,959
CHART INDS INCCOM16115Q3083852,090SHSOLE 0 0 2,090
CHARTER COMMUNICATIONS INC NCL A16119P1083,45111,376SHSOLE1,829 0 9,547
CHEVRON CORP NEWCOM16676410014,502100,943SHSOLE7,416 0 93,527
CIGNA CORP NEWCOM1255231005,95321,456SHSOLE154 0 21,302
CISCO SYS INCCOM17275R1026,925173,116SHSOLE878 0 172,238
CITIZENS FINL GROUP INCCOM1746101058,371243,636SHSOLE18,964 0 224,672
COMCAST CORP NEWCL A20030N1012,51985,898SHSOLE457 0 85,441
CONOCOPHILLIPSCOM20825C1044854,736SHSOLE 0 0 4,736
CORTEVA INCCOM22052L1044,43177,533SHSOLE16,441 0 61,092
COSTCO WHSL CORP NEWCOM22160K1056,36113,468SHSOLE 0 0 13,468
CRANE HLDGS COCOM2244411051,71719,619SHSOLE 0 0 19,619
CSX CORPCOM12640810328010,523SHSOLE 0 0 10,523
CUMMINS INCCOM2310211062,73013,415SHSOLE 0 0 13,415
CVS HEALTH CORPCOM12665010011,499120,571SHSOLE10,903 0 109,668
DBX ETF TRXTRACK MSCI EAFE23305120062918,779SHSOLE 0 0 18,779
DIAGEO PLCSPON ADR NEW25243Q2052611,537SHSOLE 0 0 1,537
DIGI INTL INCCOM25379810280723,350SHSOLE 0 0 23,350
DIGITAL RLTY TR INCCOM2538681032,68327,053SHSOLE127 0 26,926
DISNEY WALT COCOM2546871064,06743,116SHSOLE7,300 0 35,816
DOMINION ENERGY INCCOM25746U1092,22132,133SHSOLE8,070 0 24,063
EATON CORP PLCSHSG2918310310,40177,994SHSOLE4,163 0 73,831
EDISON INTLCOM2810201072,00435,421SHSOLE10,000 0 25,421
EMERSON ELEC COCOM2910111044616,302SHSOLE 0 0 6,302
ENBRIDGE INCCOM29250N1058,112218,664SHSOLE1,198 0 217,466
EPAM SYS INCCOM29414B1043,1008,560SHSOLE 0 0 8,560
EQUINIX INCCOM29444U7001,6102,831SHSOLE 0 0 2,831
EXXON MOBIL CORPCOM30231G10218,667213,800SHSOLE14,425 0 199,375
FARMERS & MERCHANTS BANCORPCOM30779N10574127,564SHSOLE 0 0 27,564
FASTENAL COCOM3119001043848,341SHSOLE 0 0 8,341
FIDELITY NATL INFORMATION SVCOM31620M1064,09554,192SHSOLE324 0 53,868
FIFTH THIRD BANCORPCOM3167731002,53979,428SHSOLE 0 0 79,428
FIRST MERCHANTS CORPCOM3208171093859,965SHSOLE 0 0 9,965
FIRST SOLAR INCCOM3364331073792,868SHSOLE 0 0 2,868
FIRST TR VALUE LINE DIVID INSHS33734H1061,76849,386SHSOLE 0 0 49,386
FISERV INCCOM3377381086356,784SHSOLE4,984 0 1,800
FRANKLIN ELEC INCCOM3535141026578,040SHSOLE 0 0 8,040
FREEPORT-MCMORAN INCCL B35671D8575,057185,038SHSOLE30,005 0 155,033
GATX CORPCOM3614481035,09659,849SHSOLE414 0 59,435
GENTEX CORPCOM3719011097,576317,781SHSOLE1,445 0 316,336
GLOBAL PMTS INCCOM37940X1022,92827,096SHSOLE3,602 0 23,494
GLOBAL X FDSINTERNET OF THNG37954Y78033713,555SHSOLE 0 0 13,555
GOLDMAN SACHS ETF TRACTIVEBETA INT38143010739716,048SHSOLE 0 0 16,048
GOLDMAN SACHS ETF TRACTIVEBETA US LG3814305034496,325SHSOLE 0 0 6,325
HANOVER INS GROUP INCCOM4108671053,10924,260SHSOLE122 0 24,138
HOME DEPOT INCCOM4370761023,21911,667SHSOLE63 0 11,604
HONEYWELL INTL INCCOM4385161065,70434,163SHSOLE4,245 0 29,918
HOSTESS BRANDS INCCL A44109J1064,377188,319SHSOLE47,900 0 140,419
HUNTINGTON INGALLS INDS INCCOM4464131065322,400SHSOLE 0 0 2,400
INGREDION INCCOM4571871023,59744,666SHSOLE261 0 44,405
INTEL CORPCOM45814010033012,809SHSOLE 0 0 12,809
INTERNATIONAL BUSINESS MACHSCOM4592001014,25435,806SHSOLE214 0 35,592
INTERPUBLIC GROUP COS INCCOM4606901006,380249,210SHSOLE1,553 0 247,657
INVESCO ACTVELY MNGD ETC FDOPTIMUM YIELD46090F1001,01762,837SHSOLE 0 0 62,837
INVESCO QQQ TRUNIT SER 146090E1038163,052SHSOLE 0 0 3,052
IQVIA HLDGS INCCOM46266C1055,21528,790SHSOLE 0 0 28,790
ISHARES INCCORE MSCI EMKT46434G1032385,541SHSOLE 0 0 5,541
ISHARES TR1 3 YR TREAS BD4642874574375,384SHSOLE 0 0 5,384
ISHARES TR20 YR TR BD ETF4642874327,91677,271SHSOLE9,669 0 67,602
ISHARES TR3 7 YR TREAS BD4642886614674,083SHSOLE 0 0 4,083
ISHARES TR7-10 YR TRSY BD4642874402,16922,596SHSOLE 0 0 22,596
ISHARES TRAGENCY BOND ETF4642881661,14810,776SHSOLE 0 0 10,776
ISHARES TRCORE MSCI EAFE46432F8422174,116SHSOLE 0 0 4,116
ISHARES TRCORE S&P MCP ETF46428750738,256174,479SHSOLE13,906 0 160,573
ISHARES TRCORE S&P SCP ETF46428780443,191495,370SHSOLE26,761 0 468,609
ISHARES TRCORE S&P TTL STK4642871502713,405SHSOLE 0 0 3,405
ISHARES TRCORE S&P500 ETF46428720053,147148,186SHSOLE9,723 0 138,463
ISHARES TREXPANDED TECH4642875152,80811,228SHSOLE 0 0 11,228
ISHARES TRISHS 1-5YR INVS46428864611,182226,909SHSOLE 0 0 226,909
ISHARES TRISHS 5-10YR INVT4642886383,76277,924SHSOLE 0 0 77,924
ISHARES TRMBS ETF4642885887,34280,165SHSOLE9,951 0 70,214
ISHARES TRMSCI AC ASIA ETF4642881823926,693SHSOLE 0 0 6,693
ISHARES TRMSCI ACWI EX US46428824010,504262,540SHSOLE 0 0 262,540
ISHARES TRMSCI EAFE ETF4642874651,26322,555SHSOLE 0 0 22,555
ISHARES TRMSCI USA QLT FCT46432F3395385,175SHSOLE 0 0 5,175
ISHARES TRRUS 1000 GRW ETF4642876141,8838,951SHSOLE 0 0 8,951
ISHARES TRRUS 1000 VAL ETF46428759812,09988,967SHSOLE 0 0 88,967
ISHARES TRRUS MDCP VAL ETF4642874731,91019,883SHSOLE 0 0 19,883
ISHARES TRRUS MID CAP ETF4642874991,64126,396SHSOLE 0 0 26,396
ISHARES TRRUSSELL 2000 ETF4642876556914,188SHSOLE 0 0 4,188
ISHARES TRS&P 500 GRWT ETF46428730911,444197,820SHSOLE 0 0 197,820
ISHARES TRS&P MC 400GR ETF4642876065,31684,356SHSOLE 0 0 84,356
ISHARES TRS&P MC 400VL ETF4642877054,33948,212SHSOLE 0 0 48,212
ISHARES TRSP SMCP600VL ETF4642878792,11325,624SHSOLE 0 0 25,624
JOHNSON & JOHNSONCOM4781601048,76153,630SHSOLE6,564 0 47,066
JOHNSON CTLS INTL PLCSHSG515021053,29366,896SHSOLE12,780 0 54,116
JPMORGAN CHASE & COCOM46625H1005,15449,318SHSOLE152 0 49,166
KEYCORPCOM4932671086,536408,021SHSOLE47,169 0 360,852
KLA CORPCOM NEW4824801002,2417,404SHSOLE1,600 0 5,804
KRAFT HEINZ COCOM5007541062,73381,948SHSOLE17,585 0 64,363
LAM RESEARCH CORPCOM5128071084421,208SHSOLE 0 0 1,208
LEVI STRAUSS & CO NEWCL A COM STK52736R1022,175150,295SHSOLE937 0 149,358
LILLY ELI & COCOM53245710827,98086,532SHSOLE 0 0 86,532
LOCKHEED MARTIN CORPCOM53983010911,88730,773SHSOLE117 0 30,656
LOWES COS INCCOM5486611075,87231,265SHSOLE2,600 0 28,665
MANULIFE FINL CORPCOM56501R10621813,898SHSOLE 0 0 13,898
MARATHON PETE CORPCOM56585A1022822,836SHSOLE 0 0 2,836
MASTERCARD INCORPORATEDCL A57636Q1043,13111,012SHSOLE 0 0 11,012
MCDONALDS CORPCOM5801351018843,830SHSOLE 0 0 3,830
MCKESSON CORPCOM58155Q1035,09915,003SHSOLE2,450 0 12,553
MERCK & CO INCCOM58933Y10514,745171,213SHSOLE12,321 0 158,892
META PLATFORMS INCCL A30303M1022581,904SHSOLE 0 0 1,904
MICRON TECHNOLOGY INCCOM5951121032494,965SHSOLE 0 0 4,965
MICROSOFT CORPCOM59491810423,956102,861SHSOLE2,693 0 100,168
MONDELEZ INTL INCCL A6092071052264,113SHSOLE 0 0 4,113
NEXSTAR MEDIA GROUP INCCOMMON STOCK65336K1031,4668,786SHSOLE64 0 8,722
NEXTERA ENERGY INCCOM65339F1014465,693SHSOLE 0 0 5,693
NIKE INCCL B6541061031,29315,551SHSOLE 0 0 15,551
NISOURCE INCCOM65473P1054,049160,745SHSOLE15,078 0 145,667
NORFOLK SOUTHN CORPCOM6558441088233,924SHSOLE 0 0 3,924
NORTONLIFELOCK INCCOM6687711082,216110,019SHSOLE 0 0 110,019
OMEGA HEALTHCARE INVS INCCOM68193610013,113444,672SHSOLE29,847 0 414,825
ORACLE CORPCOM68389X1053876,335SHSOLE 0 0 6,335
OTIS WORLDWIDE CORPCOM68902V10787413,706SHSOLE 0 0 13,706
PALO ALTO NETWORKS INCCOM6974351053,78223,088SHSOLE 0 0 23,088
PEPSICO INCCOM7134481089,62358,944SHSOLE375 0 58,569
PFIZER INCCOM71708110311,147254,727SHSOLE22,090 0 232,637
PIONEER NAT RES COCOM7237871074,63721,413SHSOLE 0 0 21,413
POLARIS INCCOM7310681026,67869,813SHSOLE4,392 0 65,421
PRICE T ROWE GROUP INCCOM74144T1086,11558,230SHSOLE3,297 0 54,933
PRINCIPAL FINANCIAL GROUP INCOM74251V1028,503117,852SHSOLE600 0 117,252
PROCTER AND GAMBLE COCOM7427181094,20633,311SHSOLE109 0 33,202
PRUDENTIAL FINL INCCOM7443201029,413109,732SHSOLE8,244 0 101,488
PULTE GROUP INCCOM7458671011,37836,743SHSOLE10,000 0 26,743
QUALCOMM INCCOM74752510314,327126,813SHSOLE6,393 0 120,420
RAYTHEON TECHNOLOGIES CORPCOM75513E1015,80770,934SHSOLE8,150 0 62,784
RIO TINTO PLCSPONSORED ADR7672041004,43180,477SHSOLE487 0 79,990
SCHLUMBERGER LTDCOM STK8068571084,736131,919SHSOLE30,985 0 100,934
SCHWAB CHARLES CORPCOM8085131053,07942,842SHSOLE12,860 0 29,982
SELECT SECTOR SPDR TRENERGY81369Y50683511,593SHSOLE 0 0 11,593
SELECT SECTOR SPDR TRFINANCIAL81369Y60554617,997SHSOLE 0 0 17,997
SELECT SECTOR SPDR TRSBI CONS DISCR81369Y4072902,034SHSOLE 0 0 2,034
SELECT SECTOR SPDR TRSBI HEALTHCARE81369Y2095594,616SHSOLE 0 0 4,616
SELECT SECTOR SPDR TRSBI INT-INDS81369Y7043444,148SHSOLE 0 0 4,148
SELECT SECTOR SPDR TRTECHNOLOGY81369Y8035034,232SHSOLE 0 0 4,232
SIMON PPTY GROUP INC NEWCOM8288061097238,056SHSOLE7,585 0 471
SMUCKER J M COCOM NEW8326964057,09451,624SHSOLE333 0 51,291
SNAP ON INCCOM8330341013411,695SHSOLE 0 0 1,695
SORRENTO THERAPEUTICS INCCOM NEW83587F2021912,000SHSOLE 0 0 12,000
SOUTHERN COCOM8425871073,91757,608SHSOLE317 0 57,291
SPDR S&P 500 ETF TRTR UNIT78462F10318,21250,989SHSOLE21,061 0 29,928
SPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP78467Y1075,68614,156SHSOLE 0 0 14,156
SPDR SER TRS&P 600 SMCP VAL78464A30050,745755,803SHSOLE47,702 0 708,101
STANLEY BLACK & DECKER INCCOM8545021012,86838,131SHSOLE207 0 37,924
STRYKER CORPORATIONCOM8636671012641,301SHSOLE 0 0 1,301
SYNOVUS FINL CORPCOM NEW87161C5012,75873,538SHSOLE 0 0 73,538
SYSCO CORPCOM8718291075,86983,002SHSOLE426 0 82,576
TARGET CORPCOM87612E1066,36742,910SHSOLE198 0 42,712
TE CONNECTIVITY LTDSHSH849891046,57559,575SHSOLE287 0 59,288
THERMO FISHER SCIENTIFIC INCCOM8835561021,4502,858SHSOLE 0 0 2,858
TJX COS INC NEWCOM8725401095,09682,042SHSOLE12,065 0 69,977
T-MOBILE US INCCOM8725901044,54533,877SHSOLE4,926 0 28,951
TOLL BROTHERS INCCOM88947810391221,706SHSOLE 0 0 21,706
TRACTOR SUPPLY COCOM8923561064952,664SHSOLE 0 0 2,664
TRAVELERS COMPANIES INCCOM89417E1096,00139,171SHSOLE193 0 38,978
TRUIST FINL CORPCOM89832Q1092,82164,801SHSOLE 0 0 64,801
ULTA BEAUTY INCCOM90384S3032,1955,472SHSOLE 0 0 5,472
UNION PAC CORPCOM9078181081,1986,149SHSOLE 0 0 6,149
UNITED PARCEL SERVICE INCCL B9113121063201,982SHSOLE 0 0 1,982
UNITEDHEALTH GROUP INCCOM91324P10211,41822,608SHSOLE1,990 0 20,618
US BANCORP DELCOM NEW9029733045,189128,697SHSOLE710 0 127,987
VALERO ENERGY CORPCOM91913Y1006536,113SHSOLE 0 0 6,113
VANGUARD BD INDEX FDSSHORT TRM BOND9219378273114,156SHSOLE 0 0 4,156
VANGUARD INDEX FDSMID CAP ETF9229086291,7979,559SHSOLE 0 0 9,559
VANGUARD INDEX FDSREAL ESTATE ETF9229085535206,491SHSOLE 0 0 6,491
VANGUARD INDEX FDSSM CP VAL ETF9229086115894,105SHSOLE 0 0 4,105
VANGUARD INDEX FDSSMALL CP ETF9229087512,15212,590SHSOLE 0 0 12,590
VANGUARD INDEX FDSTOTAL STK MKT9229087691,0245,703SHSOLE 0 0 5,703
VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF92204285847212,946SHSOLE 0 0 12,946
VANGUARD SCOTTSDALE FDSVNG RUS1000GRW92206C6802,63848,532SHSOLE 0 0 48,532
VANGUARD SCOTTSDALE FDSVNG RUS2000IDX92206C66473811,080SHSOLE 0 0 11,080
VANGUARD SPECIALIZED FUNDSDIV APP ETF9219088441,1058,174SHSOLE 0 0 8,174
VANGUARD WORLD FDSCOMM SRVC ETF92204A8842012,445SHSOLE 0 0 2,445
VANGUARD WORLD FDSHEALTH CAR ETF92204A5044371,953SHSOLE 0 0 1,953
VANGUARD WORLD FDSINF TECH ETF92204A7024581,491SHSOLE 0 0 1,491
VERIZON COMMUNICATIONS INCCOM92343V1046,332166,768SHSOLE12,514 0 154,254
VERTEX PHARMACEUTICALS INCCOM92532F1006202,141SHSOLE 0 0 2,141
VISA INCCOM CL A92826C8394,00522,542SHSOLE 0 0 22,542
WALGREENS BOOTS ALLIANCE INCCOM9314271081,57650,182SHSOLE274 0 49,908
WALMART INCCOM9311421035,53742,689SHSOLE4,180 0 38,509
WARNER BROS DISCOVERY INCCOM SER A9344231041,259109,452SHSOLE48,000 0 61,452
WASTE MGMT INC DELCOM94106L1093992,489SHSOLE 0 0 2,489
WELLS FARGO CO NEWCOM9497461013,57588,876SHSOLE15,835 0 73,041
WILLIAMS SONOMA INCCOM9699041013,02225,645SHSOLE99 0 25,546
XCEL ENERGY INCCOM98389B1004006,250SHSOLE 0 0 6,250
XYLEM INCCOM98419M1005406,185SHSOLE 0 0 6,185
ZIMMER BIOMET HOLDINGS INCCOM98956P1022,22421,274SHSOLE5,974 0 15,300
ZOETIS INCCL A98978V1033,09520,869SHSOLE 0 0 20,869