Managers / Q2 2019 · view latest →
Baker Ellis Asset Management LLC
CIK 0001365559 · 805 BROADWAY ST., SUITE 400, VANCOUVER, WA, 98660 · 503-227-5778
Reported Value
$377M
Q2 2019
Positions
230
Filings on Record
30
2019–present window
Filed
Aug 12, 2019
original filing
Summary
Baker Ellis Asset Management LLC reported $377M in U.S.-listed holdings across 230 positions for Q2 2019.
Its largest position, Vanguard Index Fds, represents 10.1% of the portfolio.
Compared with Q1 2019, the fund opened 23 new positions and exited 7.
Portfolio Metrics
Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+34.7%
share of reported value
Largest Position
+10.1%
Vanguard Index Fds
New / Exited
23 / 7
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 47.6% · $179M
- ETP · 44.3% · $167M
- REIT · 3.7% · $14M
- ADR · 2.1% · $8M
- Other · 2.0% · $7M
- Other · 0.3% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| PLDPROLOGIS INC | NEW | +8.5K | 8.5K | +$681,000 | $681,000 |
| MSAMSA SAFETY INC | NEW | +5.0K | 5.0K | +$527,000 | $527,000 |
| DWDPEURDUPONT DE NEMOURS INC | NEW | +5.7K | 5.7K | +$428,000 | $428,000 |
| DOWDOW INC | NEW | +5.7K | 5.7K | +$281,000 | $281,000 |
| NWSNEWS CORP NEW | NEW | +19.9K | 19.9K | +$278,000 | $278,000 |
| VGSHVANGUARD SCOTTSDALE FDS | NEW | +4.0K | 4.0K | +$244,000 | $244,000 |
| LUXFER HOLDINGS PLC | NEW | +9.2K | 9.2K | +$226,000 | $226,000 |
| FOXFOX CORP | NEW | +5.1K | 5.1K | +$185,000 | $185,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2019
40 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | TOTAL STK MKT · S&P 500 ETF SHS · SM CP VAL ETF · EXTEND MKT ETF · REAL ESTATE ETF | 15.19% | $57M | 372.2K |
| 2 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 5.38% | $20M | 65.2K |
| 3 | VANGUARD WHITEHALL FDS INC | HIGH DIV YLD | 4.63% | $17M | 199.3K |
| 4 | INVESCO EXCHANGE TRADED FD T | FTSE RAFI 1000 · S&P500 EQL WGT | 4.45% | $17M | 147.1K |
| 5 | ISHARES TR | MIN VOL EAFE ETF · 1 3 YR TREAS BD · EAFE SML CP ETF | 4.00% | $15M | 205.8K |
| 6 | VANGUARD WORLD FDS | INF TECH ETF · FINANCIALS ETF | 3.29% | $12M | 79.8K |
| 7 | WISDOMTREE TR | EMG MKTS SMCAP · INTL EQUITY FD | 2.82% | $11M | 219.8K |
| 8 | MSFTMICROSOFT CORPhistory → | COM | 2.26% | $9M | 63.6K |
| 9 | UNPUNION PACIFIC CORPhistory → | COM | 1.90% | $7M | 42.3K |
| 10 | GOLDMAN SACHS ETF TR | ACCES TREASURY | 1.55% | $6M | 58.2K |
| 11 | HXLHEXCEL CORP NEWhistory → | COM | 1.48% | $6M | 68.7K |
| 12 | PEPPEPSICO INChistory → | COM | 1.47% | $6M | 42.1K |
| 13 | DISDISNEY WALT COhistory → | COM DISNEY | 1.34% | $5M | 36.2K |
| 14 | NOCNORTHROP GRUMMAN CORPhistory → | COM | 1.30% | $5M | 15.2K |
| 15 | LPXLOUISIANA PAC CORPhistory → | COM | 1.17% | $4M | 167.9K |
| 16 | JNJJOHNSON & JOHNSONhistory → | COM | 1.15% | $4M | 31.2K |
| 17 | JPMJPMORGAN CHASE & COhistory → | COM | 1.12% | $4M | 37.9K |
| 18 | VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 1.07% | $4M | 53.6K |
| 19 | BACVERIZON COMMUNICATIONS INChistory → | COM | 1.05% | $4M | 69.3K |
| 20 | FMXFOMENTO ECONOMICO MEXICANO Shistory → | SPON ADR UNITS | 1.05% | $4M | 40.9K |
| 21 | KRKROGER COhistory → | COM | 1.04% | $4M | 180.7K |
| 22 | SYKSTRYKER CORP | COM | 0.94% | $4M | 17.1K |
| 23 | HONGBPHONEYWELL INTL INC | COM | 0.93% | $4M | 20.1K |
| 24 | AAPLAPPLE INC | COM | 0.86% | $3M | 16.4K |
| 25 | GOOGALPHABET INC | CAP STK CL C | 0.84% | $3M | 2.9K |
| 26 | USBUS BANCORP DEL | COM NEW | 0.84% | $3M | 60.3K |
| 27 | CMCSACOMCAST CORP NEW | CL A | 0.83% | $3M | 74.4K |
| 28 | ABGAMERISOURCEBERGEN CORP | COM | 0.83% | $3M | 36.7K |
| 29 | VANGUARD WORLD FD | MEGA CAP INDEX | 0.79% | $3M | 29.4K |
| 30 | LABORATORY CORP AMER HLDGS | COM NEW | 0.78% | $3M | 16.9K |
| 31 | TAPMOLSON COORS BREWING CO | CL B | 0.76% | $3M | 50.8K |
| 32 | PCARPACCAR INC | COM | 0.75% | $3M | 39.2K |
| 33 | BALLBALL CORP | COM | 0.64% | $2M | 34.6K |
| 34 | MMM3M CO | COM | 0.61% | $2M | 13.3K |
| 35 | UTXZUNITED TECHNOLOGIES CORP | COM | 0.60% | $2M | 17.4K |
| 36 | NVSNNOVARTIS A G | SPONSORED ADR | 0.60% | $2M | 24.7K |
| 37 | LRCXEURLAM RESEARCH CORP | COM | 0.60% | $2M | 12.0K |
| 38 | COSTCOSTCO WHSL CORP NEW | COM | 0.59% | $2M | 8.5K |
| 39 | GQ9SPDR GOLD TRUST | GOLD SHS | 0.57% | $2M | 16.2K |
| 40 | JBTJOHN BEAN TECHNOLOGIES CORP | COM | 0.56% | $2M | 17.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $842M | 254 | Apr 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $831M | 260 | Jan 21, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $812M | 249 | Oct 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $729M | 216 | Jul 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $693M | 221 | Apr 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $680M | 215 | Jan 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $707M | 226 | Oct 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $664M | 210 | Jul 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $672M | 216 | Apr 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $624M | 216 | Jan 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $557M | 202 | Oct 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $588M | 206 | Aug 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $559M | 208 | May 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $516M | 208 | Feb 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $459M | 191 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $481M | 201 | Jul 22, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $559M | 210 | May 4, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $567M | 207 | Jan 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $519M | 202 | Oct 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $510M | 195 | Aug 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $463M | 188 | Apr 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $419M | 180 | Feb 4, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $358M | 163 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $339M | 191 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $279M | 183 | May 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $362M | 218 | Feb 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $376M | 236 | Nov 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $377M | 230 | Aug 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $359M | 214 | May 9, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $330M | 218 | Feb 7, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.