Stillwater Investment Management, LLC
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Mar 31, 2023, never from the firm's own description.
Closest benchmark: the S&P 500 as of 2023-03-31, active share 70.2%; sector active share 41.9% against the combined 13F book's sector weights.
Over time 13 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
81 tracked positions · as of Mar 31, 2023 · Δ vs Dec 31, 2022Portfolio Trend
Sector Breakdown
As of Mar 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 54.6% | $202,995,281 |
| Financial Services | 10.4% | $38,507,092 |
| Technology | 8.8% | $32,663,238 |
| Consumer Cyclical | 5.8% | $21,727,845 |
| Communication Services | 4.9% | $18,347,735 |
| Healthcare | 4.8% | $17,856,221 |
| Consumer Defensive | 4.5% | $16,661,203 |
| Industrials | 4.0% | $14,836,811 |
| Energy | 1.9% | $7,159,872 |
| Utilities | 0.3% | $1,202,252 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IWR | iShares Russell Mid-Cap ETF | +8,719 | 385,232 | $26,935,421 | |
| XLV | State Street(R) Health Care Select Sector SPDR(R) ETF | +1,311 | 54,961 | $7,115,251 | |
| PFE | Pfizer Inc | +1,240 | 76,391 | $3,116,752 | |
| IWM | iShares Russell 2000 ETF | +870 | 150,053 | $26,769,455 | |
| VZ | Verizon Communications Inc | +831 | 54,051 | $2,102,043 | |
| XLK | State Street(R) Technology Select Sector SPDR(R) ETF | +805 | 81,683 | $12,334,949 | |
| BAC | Bank Of America Corp | +672 | 95,982 | $2,745,085 | |
| GILD | Gilead Sciences, Inc. | +464 | 39,201 | $3,252,506 | |
| INTC | Intel Corp | +365 | 52,823 | $1,725,727 | |
| — | +342 | 48,248 | $3,891,683 | ||
| CMCSA | Comcast Corp | +339 | 62,292 | $2,361,488 | |
| XLU | State Street(R) Utilities Select Sector SPDR(R) ETF | +266 | 37,439 | $2,534,245 | |
| CSCO | Cisco Systems, Inc. | +214 | 73,720 | $3,854,081 | |
| XLI | State Street(R) Industrial Select Sector SPDR(R) ETF | +157 | 37,310 | $3,775,025 | |
| JPM | Jpmorgan Chase & Co | +154 | 38,556 | $5,024,232 | |
| SCHX | Schwab U.S. Large-Cap ETF | +140 | 4,845 | $234,352 | |
| XEL | Xcel Energy Inc | +127 | 17,827 | $1,202,252 | |
| KMB | Kimberly Clark Corp | +111 | 15,973 | $2,143,896 | |
| XOM | ExxonMobil Holdings Corp | +109 | 14,110 | $1,547,302 | |
| AMGN | Amgen Inc | +107 | 15,892 | $3,841,891 | |
| CAT | Caterpillar Inc | +83 | 17,261 | $3,950,007 | |
| GS | Goldman Sachs Group Inc | +64 | 10,591 | $3,464,422 | |
| SCHA | Schwab U.S. Small-Cap ETF | +64 | 19,205 | $805,265 | |
| CMI | Cummins Inc | +60 | 9,812 | $2,343,890 | |
| COP | Conocophillips | +57 | 12,196 | $1,209,965 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AAPL | Apple Inc. | −1,969 | 131,141 | $21,625,150 | |
| C | Citigroup Inc | −1,921 | 24,284 | $1,138,676 | |
| XLF | State Street Corp | −1,028 | 338,323 | $10,877,084 | |
| MMM | 3M Co | −1,009 | 18,763 | $1,972,178 | |
| PEP | Pepsico Inc | −512 | 14,956 | $2,726,478 | |
| AMZN | Amazon Com Inc | −460 | 63,665 | $6,575,957 | |
| V | Visa Inc. | −299 | 36,627 | $8,257,923 | |
| IVV | iShares Core S&P 500 ETF | −262 | 241,093 | $99,108,510 | |
| GOOG | Alphabet Inc. | −260 | 27,044 | $2,812,576 | |
| DIS | Walt Disney Co | −258 | 17,217 | $1,723,938 | |
| MSFT | Microsoft Corp | −179 | 9,842 | $2,837,448 | |
| CME | Cme Group Inc. | −134 | 1,664 | $318,689 | |
| SBUX | Starbucks Corp | −134 | 40,526 | $4,219,972 | |
| META | Meta Platforms, Inc. | −129 | 24,534 | $5,199,735 | |
| BAX | Baxter International Inc | −71 | 15,347 | $622,474 | |
| PSX | Phillips 66 | −69 | 9,903 | $1,003,966 | |
| MCD | Mcdonalds Corp | −65 | 18,899 | $5,284,349 | |
| BA | Boeing Co | −64 | 2,096 | $445,253 | |
| BRK-B | Berkshire Hathaway Inc | −57 | 15,992 | $4,937,849 | |
| DE | Deere & Co | −56 | 13,730 | $5,668,842 | |
| NKE | NIKE, Inc. | −32 | 36,332 | $4,455,756 | |
| COST | Costco Wholesale Corp | −31 | 12,076 | $6,000,202 | |
| XLE | State Street(R) Energy Select Sector SPDR(R) ETF | −12 | 136,749 | $11,326,919 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| QQQ | Invesco Qqq Trust, Series 1 | 698 | $224,009 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| IVV |
iShares Core S&P 500 ETF
|
Reduced | 241,093 | $99,108,510 | 26.65% | |
| IWR |
iShares Russell Mid-Cap ETF
|
Added | 385,232 | $26,935,421 | 7.24% | |
| IWM |
iShares Russell 2000 ETF
|
Added | 150,053 | $26,769,455 | 7.20% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 131,141 | $21,625,150 | 5.81% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Added | 81,683 | $12,334,949 | 3.32% | |
| XLE |
State Street(R) Energy Select Sector SPDR(R) ETF
|
Reduced | 136,749 | $11,326,919 | 3.05% | |
| XLF |
State Street Corp
Financial Services
|
Reduced | 338,323 | $10,877,084 | 2.92% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 36,627 | $8,257,923 | 2.22% | |
| XLV |
State Street(R) Health Care Select Sector SPDR(R) ETF
|
Added | 54,961 | $7,115,251 | 1.91% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 63,665 | $6,575,957 | 1.77% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Reduced | 12,076 | $6,000,202 | 1.61% | |
| DE |
Deere & Co
Industrials
|
Reduced | 13,730 | $5,668,842 | 1.52% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Reduced | 18,899 | $5,284,349 | 1.42% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 24,534 | $5,199,735 | 1.40% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 38,556 | $5,024,232 | 1.35% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 15,992 | $4,937,849 | 1.33% | |
| NKE |
NIKE, Inc.
Consumer Cyclical
|
Reduced | 36,332 | $4,455,756 | 1.20% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 28,473 | $4,413,315 | 1.19% | |
| SBUX |
Starbucks Corp
Consumer Cyclical
|
Reduced | 40,526 | $4,219,972 | 1.13% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Held | 39,988 | $4,147,955 | 1.12% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 17,261 | $3,950,007 | 1.06% | |
|
|
Added | 48,248 | $3,891,683 | 1.05% | ||
| CSCO |
Cisco Systems, Inc.
Technology
|
Added | 73,720 | $3,854,081 | 1.04% | |
| AMGN |
Amgen Inc
Healthcare
|
Added | 15,892 | $3,841,891 | 1.03% | |
| XLI |
State Street(R) Industrial Select Sector SPDR(R) ETF
|
Added | 37,310 | $3,775,025 | 1.01% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 10,591 | $3,464,422 | 0.93% | |
| GILD |
Gilead Sciences, Inc.
Healthcare
|
Added | 39,201 | $3,252,506 | 0.87% | |
| PFE |
Pfizer Inc
Healthcare
|
Added | 76,391 | $3,116,752 | 0.84% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 20,269 | $3,013,797 | 0.81% | |
| MPC |
Marathon Petroleum Corp
Energy
|
Added | 21,349 | $2,878,485 | 0.77% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 9,842 | $2,837,448 | 0.76% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 27,044 | $2,812,576 | 0.76% | |
| BAC |
Bank Of America Corp
Financial Services
|
Added | 95,982 | $2,745,085 | 0.74% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 14,956 | $2,726,478 | 0.73% | |
| XLU |
State Street(R) Utilities Select Sector SPDR(R) ETF
|
Added | 37,439 | $2,534,245 | 0.68% | |
| CMCSA |
Comcast Corp
Communication Services
|
Added | 62,292 | $2,361,488 | 0.63% | |
| CMI |
Cummins Inc
Industrials
|
Added | 9,812 | $2,343,890 | 0.63% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Added | 15,973 | $2,143,896 | 0.58% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Added | 54,051 | $2,102,043 | 0.57% | |
| MMM |
3M Co
Industrials
|
Reduced | 18,763 | $1,972,178 | 0.53% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 4,508 | $1,845,530 | 0.50% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Held | 29,192 | $1,810,779 | 0.49% | |
| XLC |
State Street(R) Communication Services Select Sector SPDR(R) ETF
|
Added | 30,400 | $1,762,288 | 0.47% | |
| SCHG |
Schwab U.S. Large-Cap Growth ETF
|
Added | 26,995 | $1,759,264 | 0.47% | |
| INTC |
Intel Corp
Technology
|
Added | 52,823 | $1,725,727 | 0.46% | |
| DIS |
Walt Disney Co
Communication Services
|
Reduced | 17,217 | $1,723,938 | 0.46% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 14,110 | $1,547,302 | 0.42% | |
| COP |
Conocophillips
Energy
|
Added | 12,196 | $1,209,965 | 0.33% | |
| XEL |
Xcel Energy Inc
Utilities
|
Added | 17,827 | $1,202,252 | 0.32% | |
| C |
Citigroup Inc
Financial Services
|
Reduced | 24,284 | $1,138,676 | 0.31% |
Showing the top 50 of 81 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.