Boltwood Capital Management

CIK

1563690

Location

WALNUT CREEK, CA

Portfolio Value

Small $154,907,409

Diversification

Diversified

Filing Date

Global Rank

#123 / 295 ▲ 4999

Top Industry

Semiconductors 14.4%

3Y Alpha vs SPY

-3.5%

Period ended 9 days ago

Filed Jul 6, 2026 · 3d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+62.4%

SPY

+76.0%

Annualised alpha

-3.2%

Max drawdown

−18.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

108 positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.3%

−0.1 pts

Top 5

30.6%

+0.4 pts

Top 10

46.8%

+1.8 pts

HHI

291

Diversified+6

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	37.4%	$58,009,664	27
Financial Services	14.7%	$22,818,499	22
Communication Services	10.0%	$15,558,793	7
Industrials	9.3%	$14,377,315	12
Healthcare	8.8%	$13,614,797	14
Consumer Cyclical	8.7%	$13,533,311	10
Consumer Defensive	6.3%	$9,744,516	7
Energy	2.8%	$4,271,659	3
Real Estate	0.7%	$1,140,218	2
Basic Materials	0.6%	$957,445	2
Utilities	0.6%	$881,192	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
KLAC	Kla Corp	+18,070	20,100	$6,064,371
MDT	Medtronic plc	+2,070	6,253	$489,172
NFLX	Netflix Inc	+1,910	6,647	$474,595
NVDA	Nvidia Corp	+1,815	55,677	$11,140,410
PFE	Pfizer Inc	+1,480	58,299	$1,403,839
AAPL	Apple Inc.	+1,060	38,842	$11,239,321
C	Citigroup Inc	+1,033	5,834	$816,526
AVGO	Broadcom Inc.	+983	5,398	$2,039,094
BMY	Bristol Myers Squibb Co	+972	6,937	$399,709
MSFT	Microsoft Corp	+937	20,229	$7,545,821
AMZN	Amazon Com Inc	+744	19,149	$4,563,972
GSK	GSK plc	+665	13,053	$684,238
CVS	CVS HEALTH Corp	+622	9,407	$973,154
TSLA	Tesla, Inc.	+537	2,782	$1,170,109
CRM	Salesforce, Inc.	+490	9,706	$1,520,541
INTU	Intuit Inc.	+435	1,018	$265,698
SCHW	Schwab Charles Corp	+423	8,460	$780,604
ACN	Accenture plc	+402	1,805	$224,614
EMR	Emerson Electric Co	+352	2,956	$423,151
MDLZ	Mondelez International, Inc.	+316	13,350	$772,164
GOOGL	Alphabet Inc.	+308	27,174	$9,711,172
DIS	Walt Disney Co	+255	13,285	$1,278,681
SHEL	Shell plc	+250	2,725	$211,296
META	Meta Platforms, Inc.	+241	5,110	$2,878,411
VZ	Verizon Communications Inc	+240	7,050	$298,497
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CMG	Chipotle Mexican Grill Inc	−710	6,050	$205,700
ABT	Abbott Laboratories	−570	18,713	$1,698,017
T	At&T Inc.	−400	19,248	$398,433
NEE	Nextera Energy Inc	−247	6,877	$603,594
KO	Coca Cola Co	−230	25,983	$2,111,638
CAT	Caterpillar Inc	−212	7,359	$7,836,599
TPR	Tapestry, Inc.	−209	7,345	$1,075,161
MRSH	Marsh & Mclennan Companies, Inc.	−205	2,763	$460,509
HAL	Halliburton Co	−200	7,985	$271,090
WMT	Walmart Inc.	−190	18,390	$2,082,851
BX	Blackstone Inc.	−155	8,996	$1,058,559
ZBH	Zimmer Biomet Holdings, Inc.	−143	3,760	$323,698
CSCO	Cisco Systems, Inc.	−117	11,868	$1,394,015
MCHP	Microchip Technology Inc	−110	14,029	$1,279,444
JCI	Johnson Controls International plc	−110	4,100	$599,051
ICE	Intercontinental Exchange, Inc.	−108	11,760	$1,447,773
INTC	Intel Corp	−100	7,000	$977,410
D	Dominion Energy, Inc	−85	4,065	$277,598
ALL	Allstate Corp	−80	6,964	$1,657,014
J	Jacobs Solutions Inc.	−50	3,415	$430,290
USB	US Bancorp De	−45	5,725	$345,790
AMD	Advanced Micro Devices Inc	−43	8,664	$5,033,004
JPM	Jpmorgan Chase & Co	−38	16,944	$5,546,279
PEP	Pepsico Inc	−30	5,251	$710,985
AXP	American Express Co	−30	7,070	$2,391,427
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
MU	Micron Technology Inc	455	$525,201
AMAT	Applied Materials Inc /De	350	$253,050
YUM	Yum Brands Inc	1,469	$234,834
LRCX	Lam Research Corp	540	$233,998
TFC	Truist Financial Corp	4,310	$214,724
BAC	Bank Of America Corp /De/	3,760	$214,244
TXN	Texas Instruments Inc	710	$211,629
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
HON	Honeywell International Inc	1,636	$387,818
PYPL	PayPal Holdings, Inc.	7,100	$321,133
PLTR	Palantir Technologies Inc.	1,380	$201,866
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

108 positions · $154,907,409 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 108 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	38,842	+1,060	$11,239,321	+17.2%	7.26%
NVDA	Nvidia Corp Technology	Added	55,677	+1,815	$11,140,410	+18.6%	7.19%
GOOGL	Alphabet Inc. Communication Services	Added	27,174	+308	$9,711,172	+25.7%	6.27%
CAT	Caterpillar Inc Industrials	Reduced	7,359	-212	$7,836,599	+46.1%	5.06%
MSFT	Microsoft Corp Technology	Added	20,229	+937	$7,545,821	+5.7%	4.87%
KLAC	Kla Corp Technology	Added	20,100	+18,070	$6,064,371	+1928.9%	3.91%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	16,944	-38	$5,546,279	+11.0%	3.58%
AMD	Advanced Micro Devices Inc Technology	Reduced	8,664	-43	$5,033,004	+184.1%	3.25%
AMZN	Amazon Com Inc Consumer Cyclical	Added	19,149	+744	$4,563,972	+19.1%	2.95%
CVX	Chevron Corp Energy	Added	22,860	+95	$3,789,273	−19.5%	2.45%
META	Meta Platforms, Inc. Communication Services	Added	5,110	+241	$2,878,411	+3.3%	1.86%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	11,937	-5	$2,631,989	−6.7%	1.70%
AXP	American Express Co Financial Services	Reduced	7,070	-30	$2,391,427	+11.4%	1.54%
LLY	ELI LILLY & Co Healthcare	Added	1,878	+18	$2,252,529	+31.7%	1.45%
KO	Coca Cola Co Consumer Defensive	Reduced	25,983	-230	$2,111,638	+5.9%	1.36%
WMT	Walmart Inc. Consumer Defensive	Reduced	18,390	-190	$2,082,851	−9.8%	1.34%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	14,131	+179	$2,072,169	+2.8%	1.34%
AVGO	Broadcom Inc. Technology	Added	5,398	+983	$2,039,094	+49.2%	1.32%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	12,209	+81	$1,849,663	−4.5%	1.19%
ABBV	AbbVie Inc. Healthcare	Added	6,880	+5	$1,731,283	+15.8%	1.12%
ABT	Abbott Laboratories Healthcare	Reduced	18,713	-570	$1,698,017	−14.2%	1.10%
RTX	RTX Corp Industrials	Added	8,814	+110	$1,672,280	−0.4%	1.08%
ALL	Allstate Corp Financial Services	Reduced	6,964	-80	$1,657,014	+13.5%	1.07%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	1,761	+42	$1,647,362	−3.8%	1.06%
ORCL	Oracle Corp Technology	Added	10,385	+190	$1,521,921	+1.5%	0.98%
CRM	Salesforce, Inc. Technology	Added	9,706	+490	$1,520,541	−11.6%	0.98%
MA	Mastercard Inc Financial Services	Added	2,880	+195	$1,479,168	+10.3%	0.95%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	11,760	-108	$1,447,773	−22.4%	0.93%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	17,160	-25	$1,418,102	+3.7%	0.92%
PFE	Pfizer Inc Healthcare	Added	58,299	+1,480	$1,403,839	−12.0%	0.91%
CSCO	Cisco Systems, Inc. Technology	Reduced	11,868	-117	$1,394,015	+49.9%	0.90%
PANW	Palo Alto Networks Inc Technology	Added	4,003	+68	$1,365,103	+116.4%	0.88%
MCHP	Microchip Technology Inc Technology	Reduced	14,029	-110	$1,279,444	+40.1%	0.83%
DIS	Walt Disney Co Communication Services	Added	13,285	+255	$1,278,681	+1.8%	0.83%
JNJ	Johnson & Johnson Healthcare	Added	4,618	+179	$1,172,833	+8.1%	0.76%
TSLA	Tesla, Inc. Consumer Cyclical	Added	2,782	+537	$1,170,109	+40.2%	0.76%
ADI	Analog Devices Inc Technology	Reduced	2,895	-11	$1,149,807	+24.4%	0.74%
TPR	Tapestry, Inc. Consumer Cyclical	Reduced	7,345	-209	$1,075,161	+0.9%	0.69%
BX	Blackstone Inc. Financial Services	Reduced	8,996	-155	$1,058,559	+0.6%	0.68%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	2,106	+30	$1,053,821	+5.9%	0.68%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	2,825	-20	$996,321	+6.5%	0.64%
INTC	Intel Corp Technology	Reduced	7,000	-100	$977,410	+211.9%	0.63%
CVS	CVS HEALTH Corp Healthcare	Added	9,407	+622	$973,154	+54.2%	0.63%
BA	Boeing Co Industrials	Added	4,093	+99	$886,011	+11.5%	0.57%
DHR	Danaher Corp /De/ Healthcare	Added	4,440	+70	$845,731	+2.1%	0.55%
GS	Goldman Sachs Group Inc Financial Services	Added	823	+83	$832,357	+33.0%	0.54%
C	Citigroup Inc Financial Services	Added	5,834	+1,033	$816,526	+50.0%	0.53%
SNDK	Sandisk Corp Technology	Held	345	0	$784,436	+257.9%	0.51%
SCHW	Schwab Charles Corp Financial Services	Added	8,460	+423	$780,604	+3.3%	0.50%
BMO	Bank Of Montreal /Can/ Financial Services	Added	4,400	+25	$777,480	+31.3%	0.50%