Boltwood Capital Management

Open in PORT →← all managers

CIK 1563690

13F portfolio (2026-Q1)

$392M

Positions

184

Implied 1Y CAGR

modeled · as filed

Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.

Implied return what this book implies · modeled, not advice methodology →

Open in PORT →

As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).

Computing…

Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.

Exposures · what this manager owns, by sector & size (2026-Q1)

Holdings

184

Top 5

22.2%

Top 10

33.7%

Effective N

50.7

HHI

0.020

This quarter

5 new · 0 exit →

By sector

Unclassified64.8%

Information Technology11.3%

Financials5.4%

Consumer Discretionary4.4%

Communication Services3.6%

Industrials3.0%

Health Care2.7%

Energy2.4%

Other2.5%

By market cap

Unknown65.2%

Mega (>$200B)23.7%

Large ($10–200B)11.1%

By region

Other64.8%

North America35.0%

Europe0.1%

By industry group GICS — finer than sector

Industry group	Weight	Names
Unclassified	65.10%	79
Technology Hardware & Equipment	4.10%	8
Semiconductors & Semiconductor Equipment	3.74%	6
Specialty Retail	3.46%	6
Software & IT Services	3.17%	5
Software	2.96%	7
Banks	2.57%	7
Pharmaceuticals & Biotechnology	2.51%	9
Oil, Gas & Consumable Fuels	2.44%	4
Machinery	1.69%	4
Capital Markets	1.57%	7
Aerospace & Defense	0.73%	3
Beverages	0.72%	2
Commercial Services & Supplies	0.62%	5
Chemicals	0.51%	1
Insurance	0.50%	2
Entertainment	0.32%	1
Equity Real Estate Investment Trusts (REITs)	0.29%	2
Metals & Mining	0.28%	3
Textiles, Apparel & Luxury Goods	0.27%	1
Hotels, Restaurants & Leisure	0.27%	3
Utilities	0.23%	2
Diversified Telecommunication Services	0.23%	2
Electrical Equipment & Components	0.22%	3
Automobiles & Components	0.21%	1
Road & Rail	0.21%	2
Food Products	0.19%	1
Health Care Equipment & Supplies	0.18%	2
Food & Staples Retailing	0.16%	1
Distributors	0.14%	1
Media & Entertainment	0.12%	1
Construction & Engineering	0.11%	1
Industrial Conglomerates	0.08%	1
Tobacco	0.08%	1

Top holdings

#	Ticker	Name	Sector	Weight
1	SCHF	SCHWAB STRATEGIC TR	Unclassified	7.23%
2	TDTT	FLEXSHARES TR	Unclassified	5.60%
3	MBB	ISHARES TR	Unclassified	3.26%
4	SPDW	SPDR INDEX SHS FDS	Unclassified	3.20%
5	IEI	ISHARES TR	Unclassified	2.97%
6	AAPL	Apple Inc.	Information Technology	2.45%
7	NVDA	NVIDIA CORP	Information Technology	2.40%
8	HYGV	FLEXSHARES TR	Unclassified	2.39%
9	SCHE	SCHWAB STRATEGIC TR	Unclassified	2.15%
10	IJH	ISHARES TR	Unclassified	2.03%

106/184 names classified · sector 35.2% of weight · industry 34.9% · mkt cap 34.8%; unclassified names shown, never dropped.

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

top 5/sector, rest → “Other” · 52 quarters

Information TechnologyAAPL, GE, INTC, CSCO, NVDA · other

FinancialsWFC, JPM, ALL, SCHW, BNY · other

Health CarePFE, MRK, JNJ, BMY, AMGN · other

Consumer DiscretionaryLOW, WMT, AMZN, DKS, SYY · other

EnergyCVX, XOM, HAL, EOG, SLB · other

Communication ServicesDIS, GOOGL, VZ, META, CMCSA · other

IndustrialsCAT, EXPD, RHI, UPS, ACN · other

MaterialsPG, MLM, AA, NUE, EL · other

Consumer StaplesKO, PEP, CVS, MDLZ, GIS · other

Real EstatePLD, AMT, BXP, RWT

UtilitiesD, DUK, PCG, NEE

UnclassifiedSCHF, VEU, IEI, TDTT, GOOGLE INC · other

Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 35.2% of the book is sector-classified (unclassified names shown, never dropped).

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Only 34% of book weight classified — the grid is NOT representative of the whole book.

holdings, colored by sector (97 classified)Boltwood Capital Management centroid (Large Core)

Information TechnologyFinancialsConsumer DiscretionaryCommunication ServicesIndustrialsHealth CareEnergyConsumer StaplesMaterialsReal EstateUtilities

Style box summary for Boltwood Capital Management: centroid Large Core. Heaviest cells: Large Growth 15.6%, Large Value 8.0%, Large Core 8.0%.

Classified: 34.2% of book weight (97/184 names) · unclassified 65.8%: SCHF, TDTT, MBB, SPDW, IEI, HYGV, SCHE, IJH, XLK, GUNR +77 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.

Contribution holdings-based, any period

No contribution data for this period.

Holdings· 184 positions (2026-Q1) · largest first · Δ vs 2025-Q4

#	Security	Shares	Value	Weight	Δ QoQ
1	SCHFSCHWAB STRATEGIC TR	1,145,614	$28M	7.2%	HOLD
2	TDTTFLEXSHARES TR	905,288	$22M	5.6%	ADD 15%
3	MBBISHARES TR	134,437	$13M	3.3%	ADD 3%
4	SPDWSPDR INDEX SHS FDS	274,680	$13M	3.2%	HOLD
5	IEIISHARES TR	98,073	$12M	3.0%	HOLD
6	AAPLAPPLE INC	37,782	$10M	2.4%	ADD 4%
7	NVDANVIDIA CORPORATION	53,862	$9M	2.4%	ADD 5%
8	HYGVFLEXSHARES TR	233,538	$9M	2.4%	TRIM −21%
9	SCHESCHWAB STRATEGIC TR	255,695	$8M	2.1%	ADD 6%
10	IJHISHARES TR	117,820	$8M	2.0%	HOLD
11	GOOGLALPHABET INC	26,866	$8M	2.0%	ADD 2%
12	XLKSELECT SECTOR SPDR TR	56,181	$7M	1.9%	ADD 4%
13	MSFTMICROSOFT CORP	19,292	$7M	1.8%	ADD 5%
14	GUNRFLEXSHARES TR	129,236	$7M	1.8%	ADD 12%
15	IJRISHARES TR	56,962	$7M	1.8%	HOLD
16	HYGISHARES TR	87,505	$7M	1.8%	TRIM −3%
17	SHYISHARES TR	83,325	$7M	1.8%	ADD 5%
18	MBSDFLEXSHARES TR	285,683	$6M	1.5%	TRIM −8%
19	CATCATERPILLAR INC	7,571	$5M	1.4%	TRIM −4%
20	NFRAFLEXSHARES TR	83,619	$5M	1.4%	HOLD
21	SPEMSPDR INDEX SHS FDS	112,235	$5M	1.3%	HOLD
22	GQREFLEXSHARES TR	83,627	$5M	1.3%	ADD 3%
23	JPMJPMORGAN CHASE & CO	16,982	$5M	1.3%	HOLD
24	CVXCHEVRON CORP NEW	22,765	$5M	1.2%	HOLD
25	SPMBSPDR SER TR	202,063	$5M	1.2%	ADD 10%
26	XOMEXXON MOBIL CORP	25,427	$4M	1.1%	HOLD
27	IGSBISHARES TR	80,715	$4M	1.1%	TRIM −2%
28	AMZNAMAZON COM INC	18,405	$4M	1.0%	ADD 6%
29	SKORFLEXSHARES TR	76,597	$4M	0.9%	TRIM −3%
30	GNRSPDR INDEX SHS FDS	49,075	$4M	0.9%	ADD 15%
31	SCHASCHWAB STRATEGIC TR	117,932	$3M	0.9%	ADD 3%
32	EFAISHARES TR	32,052	$3M	0.8%	HOLD
33	KLACKLA CORP	2,030	$3M	0.8%	ADD 3%
34	SCHMSCHWAB STRATEGIC TR	95,254	$3M	0.8%	ADD 5%
35	IEFISHARES TR	30,050	$3M	0.7%	ADD 4%
36	XLVSELECT SECTOR SPDR TR	19,422	$3M	0.7%	ADD 3%
37	LOWLOWES COS INC	11,942	$3M	0.7%	HOLD
38	METAMETA PLATFORMS INC	4,869	$3M	0.7%	ADD 4%
39	XLYSELECT SECTOR SPDR TR	25,560	$3M	0.7%	HOLD
40	XLESELECT SECTOR SPDR TR	43,017	$3M	0.7%	HOLD
41	SCHBSCHWAB STRATEGIC TR	102,795	$3M	0.7%	HOLD
42	WMTWALMART INC	18,580	$2M	0.6%	HOLD
43	STIPISHARES TR	22,265	$2M	0.6%	ADD 85%
44	XLCSELECT SECTOR SPDR TR	20,546	$2M	0.6%	ADD 6%
45	XLISELECT SECTOR SPDR TR	13,982	$2M	0.6%	HOLD
46	XLFSELECT SECTOR SPDR TR	45,253	$2M	0.6%	ADD 3%
47	AXPAMERICAN EXPRESS CO	7,100	$2M	0.5%	HOLD
48	VEUVANGUARD INTL EQUITY INDEX F	27,644	$2M	0.5%	HOLD
49	PGPROCTER AND GAMBLE CO	13,952	$2M	0.5%	ADD 3%
50	KOCOCA COLA CO	26,213	$2M	0.5%	HOLD
51	ABTABBOTT LABS	19,283	$2M	0.5%	TRIM −3%
52	TJXTJX COS INC NEW	12,128	$2M	0.5%	HOLD
53	SPTLSPDR SERIES TRUST	72,420	$2M	0.5%	HOLD
54	ICEINTERCONTINENTAL EXCHANGE IN	11,868	$2M	0.5%	TRIM −3%
55	TLTISHARES TR	20,935	$2M	0.5%	ADD 10%
56	AMDADVANCED MICRO DEVICES INC	8,707	$2M	0.5%	ADD 6%
57	CRMSALESFORCE INC	9,216	$2M	0.4%	HOLD
58	COSTCOSTCO WHSL CORP NEW	1,719	$2M	0.4%	ADD 7%
59	LLYELI LILLY & CO	1,860	$2M	0.4%	HOLD
60	RTXRTX CORPORATION	8,704	$2M	0.4%	HOLD
61	PFEPFIZER INC	56,819	$2M	0.4%	TRIM −2%
62	RAVIFLEXSHARES TR	20,073	$2M	0.4%	HOLD
63	ORCLORACLE CORP	10,195	$1M	0.4%	ADD 3%
64	ABBVABBVIE INC	6,875	$1M	0.4%	HOLD
65	ALLALLSTATE CORP	7,044	$1M	0.4%	HOLD
66	WFCWELLS FARGO CO NEW	17,185	$1M	0.3%	HOLD
67	AVGOBROADCOM INC	4,415	$1M	0.3%	ADD 28%
68	SUBISHARES TR	12,605	$1M	0.3%	ADD 6%
69	MAMASTERCARD INCORPORATED	2,685	$1M	0.3%	ADD 9%
70	XLPSELECT SECTOR SPDR TR	16,102	$1M	0.3%	ADD 2%
71	RWOSPDR INDEX SHS FDS	28,420	$1M	0.3%	ADD 8%
72	IGIBISHARES TR	23,908	$1M	0.3%	TRIM −3%
73	DISDISNEY WALT CO	13,030	$1M	0.3%	HOLD
74	MCHIISHARES TR MSCI CHINA ETF	21,015	$1M	0.3%	ADD 20%
75	SPTISPDR SERIES TRUST	40,900	$1M	0.3%	HOLD
76	INDAISHARES TR	23,350	$1M	0.3%	ADD 21%
77	JNJJOHNSON & JOHNSON	4,439	$1M	0.3%	ADD 4%
78	TPRTAPESTRY INC	7,554	$1M	0.3%	HOLD
79	BXBLACKSTONE INC	9,151	$1M	0.3%	ADD 2%
80	XLBSELECT SECTOR SPDR TR	20,865	$1M	0.3%	HOLD
81	ICSHISHARES TR	20,505	$1M	0.3%	HOLD
82	IGFISHARES TR	15,130	$1M	0.3%	ADD 14%
83	SPLBSPDR SERIES TRUST	45,000	$999,900	0.3%	HOLD
84	BRK.BBERKSHIRE HATHAWAY INC DEL	2,076	$994,819	0.3%	ADD 2%
85	XLUSELECT SECTOR SPDR TR	21,547	$988,788	0.3%	HOLD
86	FLCHFRANKLIN TEMPLETON ETF TR	42,775	$957,732	0.2%	HOLD
87	VTIVANGUARD INDEX FDS	2,984	$957,297	0.2%	HOLD
88	HDHOME DEPOT INC	2,845	$935,692	0.2%	HOLD
89	CSCOCISCO SYS INC	11,985	$929,916	0.2%	ADD 3%
90	CMECME GROUP INC	3,145	$928,876	0.2%	HOLD
91	ADIANALOG DEVICES INC	2,906	$924,515	0.2%	HOLD
92	MCHPMICROCHIP TECHNOLOGY INC.	14,139	$913,521	0.2%	TRIM −2%
93	FLTWFRANKLIN TEMPLETON ETF TR FTSE TAIWAN	13,050	$888,836	0.2%	ADD 3%
94	GOOGALPHABET INC	2,940	$843,368	0.2%	ADD 7%
95	TSLATESLA INC	2,245	$834,579	0.2%	ADD 6%
96	EWTISHARES INC MSCI TAIWAN ETF	11,750	$833,310	0.2%	ADD 19%
97	DHRDANAHER CORP DEL	4,370	$828,552	0.2%	HOLD
98	PEPPEPSICO INC	5,281	$820,086	0.2%	HOLD
99	BABOEING CO	3,994	$794,926	0.2%	ADD 4%
100	SCHWSCHWAB CHARLES CORP	8,037	$755,317	0.2%	ADD 3%
101	MDLZMONDELEZ INTL INC	13,034	$751,280	0.2%	HOLD
102	VIGVANGUARD SPECIALIZED FUNDS	3,400	$731,204	0.2%	HOLD
103	CMFISHARES TR	12,415	$705,917	0.2%	ADD 6%
104	MRKMERCK & CO INC	5,843	$702,854	0.2%	ADD 3%
105	GSKGSK PLC	12,388	$683,694	0.2%	ADD 3%
106	FLKRFRANKLIN TEMPLETON ETF TR	16,975	$676,793	0.2%	HOLD
107	PLDPROLOGIS INC.	5,095	$673,457	0.2%	HOLD
108	EEMISHARES TR	11,803	$670,292	0.2%	HOLD
109	NEENEXTERA ENERGY INC	7,124	$661,677	0.2%	HOLD
110	EWUISHARES TR	14,475	$659,481	0.2%	ADD 7%
111	ADPAUTOMATIC DATA PROCESSING IN	3,211	$652,411	0.2%	HOLD
112	XLRESELECT SECTOR SPDR TR	15,602	$637,043	0.2%	HOLD
113	IBMINTERNATIONAL BUSINESS MACHS	2,605	$631,426	0.2%	HOLD
114	CVSCVS HEALTH CORP	8,785	$630,939	0.2%	HOLD
115	PANWPALO ALTO NETWORKS INC	3,935	$630,859	0.2%	HOLD
116	GSGOLDMAN SACHS GROUP INC	740	$626,033	0.2%	ADD 63%
117	BLKBLACKROCK INC	639	$614,533	0.2%	HOLD
118	MCDMCDONALDS CORP	1,931	$600,135	0.2%	HOLD
119	BMOBANK MONTREAL MEDIUM	4,375	$592,113	0.2%	HOLD
120	VWOVANGUARD INTL EQUITY INDEX F	10,938	$591,199	0.2%	HOLD
121	FCXFREEPORT MCMORAN INC	9,952	$584,979	0.1%	HOLD
122	TAT&T INC	19,648	$569,585	0.1%	HOLD
123	CORCENCORA INC	1,796	$564,195	0.1%	ADD 4%
124	NSCNORFOLK SOUTHN CORP	1,922	$551,614	0.1%	TRIM −19%
125	JCIJOHNSON CONTROLS INTERNATION	4,210	$551,300	0.1%	TRIM −2%
126	EWJISHARES INC	6,475	$546,749	0.1%	ADD 15%
127	CCITIGROUP INC	4,801	$544,481	0.1%	ADD 23%
128	MRSHMARSH & MCLENNAN COS INC	2,968	$514,800	0.1%	TRIM −34%
129	VNQVANGUARD INDEX FDS	5,656	$501,687	0.1%	HOLD
130	EWYISHARES INC MSCI STH KOR ETF	4,065	$500,036	0.1%	HOLD
131	AMTAMERICAN TOWER CORP	2,657	$458,545	0.1%	ADD 4%
132	NFLXNETFLIX INC	4,737	$455,463	0.1%	ADD 16%
133	ETNEATON CORP PLC	1,259	$450,307	0.1%	ADD 9%
134	FLJPFRANKLIN TEMPLETON ETF TR	12,400	$448,632	0.1%	HOLD
135	JJACOBS SOLUTIONS INC	3,465	$441,025	0.1%	HOLD
136	ADBEADOBE INC	1,814	$440,947	0.1%	TRIM −3%
137	EWQISHARES INC	10,150	$440,307	0.1%	ADD 5%
138	RDDTREDDIT INC	2,990	$402,604	0.1%	HOLD
139	EWLISHARES INC	6,700	$394,027	0.1%	ADD 10%
140	EWCISHARES INC	7,000	$383,530	0.1%	ADD 16%
141	VGTVANGUARD WORLD FD	547	$381,653	0.1%	HOLD
142	HONHONEYWELL INTL INC	1,636	$369,785	0.1%	HOLD
143	EWGISHARES INC MSCI GERMANY ETF	9,250	$366,948	0.1%	ADD 8%
144	MDTMEDTRONIC PLC	4,183	$362,457	0.1%	ADD 73%
145	BMYBRISTOL-MYERS SQUIBB CO	5,965	$361,777	0.1%	ADD 15%
146	VOXVANGUARD WORLD FD	1,987	$357,342	0.1%	ADD 2%
147	ZBHZIMMER BIOMET HOLDINGS INC	3,903	$352,909	0.1%	HOLD
148	CRWDCROWDSTRIKE HLDGS INC	895	$349,417	0.1%	HOLD
149	VZVERIZON COMMUNICATIONS INC	6,810	$341,862	0.1%	ADD 2%
150	EMREMERSON ELEC CO	2,604	$341,176	0.1%	ADD 35%
151	MMM3M CO	2,277	$330,689	0.1%	HOLD
152	GEGE AEROSPACE	1,133	$321,511	0.1%	HOLD
153	PYPLPAYPAL HLDGS INC	7,100	$321,133	0.1%	ADD 4%
154	HALHALLIBURTON CO	8,185	$319,133	0.1%	HOLD
155	INTCINTEL CORP	7,100	$313,323	0.1%	HOLD
156	PMPHILIP MORRIS INTL INC	1,885	$311,666	0.1%	HOLD
157	KKRKKR & CO INC	3,319	$307,008	0.1%	ADD 52%
158	USBUS BANCORP	5,770	$300,098	0.1%	HOLD
159	REZIShares Residential Real Estate Capped ETF	3,600	$299,556	0.1%	HOLD
160	MCOMOODYS CORP	680	$296,650	0.1%	TRIM −3%
161	VDEVANGUARD WORLD FD	1,689	$292,265	0.1%	TRIM −3%
162	ACNACCENTURE PLC IRELAND	1,403	$278,201	0.1%	ADD 2%
163	EZAISHARES INC	4,100	$277,980	0.1%	ADD 14%
164	GIISPDR INDEX SHS FDS	3,620	$275,192	0.1%	ADD 3%
165	ASMLASML HOLDING N V	205	$270,770	0.1%	HOLD
166	UNPUNION PAC CORP	1,110	$269,308	0.1%	HOLD
167	GLWCORNING INC	1,895	$257,663	0.1%	NEW
168	DDOMINION ENERGY INC	4,150	$256,553	0.1%	HOLD
169	NUENUCOR CORP	1,495	$252,805	0.1%	ADD 2%
170	INTUINTUIT	583	$252,078	0.1%	ADD 67%
171	VCRVANGUARD WORLD FD	702	$252,039	0.1%	HOLD
172	FTVFORTIVE CORP	4,400	$243,232	0.1%	HOLD
173	VFHVANGUARD WORLD FD	1,997	$241,258	0.1%	HOLD
174	BIIBBIOGEN INC	1,274	$233,562	0.1%	ADD 12%
175	MUBISHARES TR	2,191	$232,575	0.1%	HOLD
176	SHELSHELL PLC	2,475	$230,175	0.1%	NEW
177	SBUXSTARBUCKS CORP	2,555	$228,902	0.1%	ADD 3%
178	SNDKSANDISK CORP	345	$219,192	0.1%	NEW
179	CMGCHIPOTLE MEXICAN GRILL INC	6,760	$216,388	0.1%	TRIM −8%
180	GEVGE VERNOVA INC	245	$213,861	0.1%	NEW
181	EWZISHARES INC MSCI BRAZIL ETF	5,500	$211,145	0.1%	NEW
182	VVISA INC	670	$202,501	0.1%	ADD 17%
183	PLTRPALANTIR TECHNOLOGIES INC	1,380	$201,866	0.1%	ADD 13%
184	SANBANCO SANTANDER S.A.	11,000	$124,080	0.0%	HOLD

Position trends· top 15 holdings · shares held over 6 quarters

green added · red trimmed

Security

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

SCHFSCHWAB STRATEGIC TR

1.2M

1.1M

$28M

TDTTFLEXSHARES TR

566K

643K

684K

739K

789K

905K

$22M

MBBISHARES TR

137K

134K

129K

131K

134K

$13M

SPDWSPDR INDEX SHS FDS

289K

282K

278K

277K

275K

$13M

IEIISHARES TR

98K

96K

98K

$12M

AAPLAPPLE INC

32K

34K

36K

38K

$10M

NVDANVIDIA CORPORATION

47K

50K

51K

52K

54K

$9M

HYGVFLEXSHARES TR

323K

316K

277K

285K

294K

234K

$9M

SCHESCHWAB STRATEGIC TR

238K

240K

241K

242K

256K

$8M

IJHISHARES TR

113K

114K

116K

117K

118K

$8M

GOOGLALPHABET INC

24K

25K

26K

27K

$8M

XLKSELECT SECTOR SPDR TR

24K

25K

27K

54K

56K

$7M

MSFTMICROSOFT CORP

16K

17K

18K

19K

$7M

GUNRFLEXSHARES TR

176K

132K

119K