SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Shearwater Capital LLC

CIK 0001905665 · 2000 S. COLORADO BLVD. TOWER 1, SUITE 2000-1148, DENVER, CO, 80222 · 314-434-4750

Reported Value
$89M
Q3 2022
Positions
35
Filings on Record
20
2019–present window
Filed
Oct 25, 2022
original filing

Summary

Shearwater Capital LLC reported $89M in U.S.-listed holdings across 35 positions for Q3 2022.

The portfolio is heavily concentrated: DFAC alone accounts for 38.7% of reported value.

Compared with Q2 2022, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+2.5%
vs prior filed quarter
Top-10 Concentration
+84.7%
share of reported value
Largest Position
+38.7%
Dimensional Etf
New / Exited
1 / 2
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
Q4 ’21: $116MQ4 ’21Q1 ’22: $109MQ2 ’22: $93MQ3 ’22: $89MQ3 ’22Q4 ’22: $99MQ1 ’23: $108MQ2 ’23: $114MQ2 ’23Q3 ’23: $111MQ4 ’23: $126MQ1 ’24: $136MQ1 ’24Q2 ’24: $136MQ3 ’24: $145MQ4 ’24: $147MQ4 ’24Q1 ’25: $142MQ2 ’25: $159MQ3 ’25: $169MQ3 ’25Q4 ’25: $174MQ1 ’26: $191MQ2 ’26: $209MQ2 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 85.5%Common Stock: 14.2%Other: 0.3%
  • ETP · 85.5% · $76M
  • Common Stock · 14.2% · $13M
  • Other · 0.3% · $280,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DIMENSIONAL ETF TRUSTNEW+39.4K39.4K+$809,000$809,000
GOOGALPHABET INCADDED+2.9K3.0K−$40,000$292,000
TSLATESLA INCADDED+3.0K4.5K+$184,000$1M
SPDR SER TRSOLD OUT−4.7K0−$216,000$0
SCHWAB STRATEGIC TRSOLD OUT−1.5K0−$211,000$0
DFAIDIMENSIONAL ETF TRUSTADDED+31.8K75.1K+$574,000$2M
DIMENSIONAL ETF TRUSTADDED+4.2K14.8K+$182,000$690,000
DFUVDIMENSIONAL ETF TRUSTADDED+18.8K151.2K+$294,000$4M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2022

17 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DFACDIMENSIONAL ETF TRUSTUS CORE EQUITY 2 · WORLD EX US CORE · INTERNATNAL VAL · US MKTWIDE VALUE · US TARGETED VLU · INTL CORE EQT MK · US SMALL CAP ETF · US EQUITY ETF · INFLATION PROTE · EMGR CRE EQT MNG · EMERGING MKTS CO · NATIONAL MUNICIP · SHORT DURATION F · CORE FIXED INCOM · US CORE EQT MKT81.10%$72M3.01M
2DOCUDOCUSIGN INChistory →COM6.93%$6M114.7K
3SCHWAB STRATEGIC TRUS AGGREGATE B · US TIPS ETF · US LCAP VA ETF · INTL EQTY ETF2.21%$2M2.2K
4AMZNAMAZON COM INChistory →COM1.81%$2M14.2K
5TSLATESLA INChistory →COM1.35%$1M4.5K
6AIC3 AI INCCOM0.95%$841,00067.3K
7GQ9SPDR GOLD TRGOLD SHS0.93%$823,0005.4K
8ISHARES TRCORE S&P500 ETF · S&P 500 GRWT ETF0.91%$808,0006.4K
9HUMHUMANA INCCOM0.87%$767,0001.6K
10ADBEADOBE SYSTEMS INCORPORATEDCOM0.60%$528,0001.9K
11STLDSTEEL DYNAMICS INCCOM0.58%$513,0007.2K
12VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD0.37%$324,0004.4K
13GOOGALPHABET INCCOM0.33%$292,0003.0K
14STERIS PLCCOM0.32%$280,0001.7K
15DUTMOODYS CORPCOM0.26%$233,000960
16DEDEERE & COCOM0.26%$229,000686
17AAPLAPPLE INCCOM0.23%$205,0001.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$209M65Jul 8, 202613F-HRchanges · EDGAR ↗
Q1 2026$191M71Apr 9, 202613F-HRchanges · EDGAR ↗
Q4 2025$174M53Jan 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$169M50Oct 16, 202513F-HRchanges · EDGAR ↗
Q2 2025$159M50Jul 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$142M45Apr 8, 2025RESTATEMENTchanges · EDGAR ↗
Q4 2024$147M45Jan 8, 202513F-HRchanges · EDGAR ↗
Q3 2024$145M47Oct 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$136M43Jul 10, 202413F-HRchanges · EDGAR ↗
Q1 2024$136M43Apr 4, 202413F-HRchanges · EDGAR ↗
Q4 2023$126M42Jan 17, 202413F-HRchanges · EDGAR ↗
Q3 2023$111M38Oct 18, 202313F-HRchanges · EDGAR ↗
Q2 2023$114M38Jul 5, 202313F-HRchanges · EDGAR ↗
Q1 2023$108M38Apr 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$99M38Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$89M35Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$93M36Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$109M38Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$116M37Jan 26, 202213F-HRchanges · 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 ↗.