Managers / Q1 2026
Shotwell Rutter Baer Inc
CIK 0002008310 · 6350 WEST MICHIGAN AVENUE, SUITE 200, LANSING, MI, 48917 · 517-321-4832
Summary
Shotwell Rutter Baer Inc reported $170M in U.S.-listed holdings across 38 positions for Q1 2026.
Its largest position, Vanguard Index Fds, represents 14.3% of the portfolio.
Compared with Q4 2025, the fund opened 0 new positions and exited 1.
Portfolio Metrics
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
Portfolio Composition
- ETP · 98.9% · $168M
- Common Stock · 0.8% · $1M
- Other · 0.3% · $531,664
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | SOLD OUT | −1.9K | 0 | −$200,149 | $0 |
| J P MORGAN EXCHANGE TRADED F | ADDED | +36.5K | 92.0K | +$2M | $5M |
| PIMCO ETF TR | TRIMMED | −23.9K | 138.8K | −$1M | $7M |
| DFAXDIMENSIONAL ETF TRUST | TRIMMED | −1.5K | 10.9K | −$45,931 | $371,972 |
| SPDR SERIES TRUST | TRIMMED | −1.8K | 17.2K | −$48,198 | $427,077 |
| VANGUARD INDEX FDS | ADDED | +4.5K | 75.7K | +$54,827 | $24M |
| ISHARES TR | TRIMMED | −317 | 5.6K | −$41,852 | $597,306 |
| VANGUARD SCOTTSDALE FDS | ADDED | +2.9K | 58.2K | +$202,931 | $5M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AMERICAN CENTY ETF TR | US LARGE CAP VLU · US SML CP VALU · AVANTIS EMGMKT · INTL SMCP VLU | 23.45% | $40M | 455.3K |
| 2 | DISVDIMENSIONAL ETF TRUST | DIMENSIONAL INTE · INTL SMALL CAP V · INTERNATNAL VAL · GLOBAL REAL EST · US CORE EQUITY 2 · WORLD EX US CORE | 21.71% | $37M | 869.3K |
| 3 | VANGUARD SCOTTSDALE FDS | INT-TERM CORP · INTER TERM TREAS · SHRT TRM CORP BD | 16.46% | $28M | 386.6K |
| 4 | VANGUARD INDEX FDS | TOTAL STK MKT | 14.27% | $24M | 75.7K |
| 5 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 6.69% | $11M | 177.7K |
| 6 | PIMCO ETF TR | INTER MUN BD ACT | 4.26% | $7M | 138.8K |
| 7 | ESGDISHARES TR | ESG EAFE ETF · ESG MSCI USA ETF · USD GRN BOND ETF · ESG AWR MSCI USA · NATIONAL MUN ETF · ESG AW MSCI EAFE · ESG AWRE 1 5 YR · EAFE VALUE ETF · CORE S&P500 ETF · CORE MSCI EAFE | 3.98% | $7M | 102.9K |
| 8 | VANGUARD MALVERN FDS | STRM INFPROIDX | 3.22% | $5M | 109.8K |
| 9 | J P MORGAN EXCHANGE TRADED F | MUNICIPAL ETF | 2.70% | $5M | 92.0K |
| 10 | NUSHARES ETF TR | NUVEEN ESG LRGVL · NUVEEN ESG SMLCP | 1.08% | $2M | 40.5K |
| 11 | WMTWALMART INC | COM | 0.40% | $677,187 | 5.4K |
| 12 | SPDR SERIES TRUST | STATE STREET SPD | 0.39% | $666,724 | 20.4K |
| 13 | ESGEISHARES INC | ESG AWR MSCI EM | 0.33% | $564,828 | 12.4K |
| 14 | VANGUARD WORLD FD | ESG US CORP BD | 0.32% | $538,956 | 8.6K |
| 15 | WHITE MTNS INS GROUP LTD | COM | 0.31% | $531,664 | 242 |
| 16 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.29% | $485,149 | 2.0K |
| 17 | ITWILLINOIS TOOL WKS INC | COM | 0.13% | $222,359 | 854 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $170M | 38 | Apr 22, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $167M | 39 | Jan 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $155M | 37 | Oct 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $147M | 37 | Jul 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $113M | 33 | Apr 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $119M | 34 | Jan 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $122M | 34 | Oct 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $113M | 33 | Jul 11, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $49M | 18 | Apr 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $105M | 34 | Jan 18, 2024 | 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 ↗.