Boltwood Capital Management

Registered adviser

CIK

1563690

Location

WALNUT CREEK, CA

Portfolio Value

Small $353,101,606

Diversification

Diversified

Filing Date

Global Rank

#4,055 / 8,811 ▲ 247 · as of Jun 2026

Top Industry

Semiconductors 14.6%

Period ended 21 days ago

Filed Oct 2, 2026 · 19d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 110293

Roster of Oct 1, 2026

Regulatory AUM

$502,513,220

Main clients

Individuals and high net worth (99% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
May 2026 to Oct 2026	$502,513,220	Individuals and high net worth (99%)
May 2025 to Apr 2026	$380,599,262	Individuals and high net worth (99%)
Jun 2024 to Apr 2025	$380,890,508	Individuals and high net worth (100%)
May 2023 to May 2024	$319,298,210	Individuals and high net worth (99%)
Jun 2022 to Apr 2023	$312,975,322	Individuals and high net worth (100%)
Jul 2021 to May 2022	$289,991,443	Individuals and high net worth (100%)

2 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 67.4% of the book (60%+)

Turnover

Low turnover

5.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 22.2 quarters (12+), a floor since 56.3% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 68.4%; sector active share 53.4% against the combined 13F book's sector weights.

Over time 26 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.

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Portfolio Concentration

195 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

15.5%

−3.1 pts

Top 5

48.5%

−7.4 pts

Top 10

62.7%

−4.8 pts

HHI

640

Diversified−150

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	53.1%	$187,395,432	83
Technology	18.0%	$63,560,466	26
Financial Services	6.5%	$23,071,098	23
Communication Services	5.0%	$17,530,706	8
Healthcare	4.1%	$14,550,775	15
Consumer Cyclical	3.5%	$12,352,130	9
Industrials	3.5%	$12,340,859	12
Energy	2.7%	$9,611,301	5
Consumer Defensive	2.7%	$9,490,519	7
Basic Materials	0.4%	$1,293,459	3
Real Estate	0.3%	$1,125,489	2
Utilities	0.2%	$779,372	2

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
STIP	iShares 0-5 Year TIPS Bond ETF	+61,435	94,575	$0
SPMB	State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF	+24,454	248,177	$5,246,461
RWO	State Street(R) SPDR(R) Dow Jones(R) Global Real Estate ETF	+8,860	39,785	$1,846,024
MBB	iShares MBS ETF	+7,954	147,239	$0
FLKR	Franklin FTSE South Korea ETF	+7,850	25,025	$1,504,753
FLIN	Franklin FTSE India ETF	+5,750	13,050	$437,044
SCHE	Schwab Emerging Markets Equity ETF	+5,242	269,370	$9,818,536
SHY	iShares 1-3 Year Treasury Bond ETF	+4,611	88,031	$0
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	+4,373	88,794	$5,538,969
GUNR	FlexShares Morningstar Global Upstream Natural Resources Index Fund	+4,327	144,940	$7,644,135
MCHI	iShares MSCI China ETF	+3,375	24,465	$0
FLCH	Franklin FTSE China ETF	+3,075	53,550	$1,107,414
CRWD	CrowdStrike Holdings, Inc.	+2,545	3,455	$914,711
IGF	iShares Global Infrastructure ETF	+2,520	20,465	$0
SKOR	FlexShares Credit-Scored US Corporate Bond Index Fund	+2,489	78,483	$3,669,315
SPTL	State Street(R) SPDR(R) Portfolio Long Term Treasury ETF	+2,070	83,755	$1,997,556
SUB	iShares Short-Term National Muni Bond ETF	+2,060	16,015	$0
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	+1,889	26,120	$0
IEI	iShares 3-7 Year Treasury Bond ETF	+1,787	101,696	$0
EWJ	iShares MSCI Japan ETF	+1,700	10,275	$1,001,401
EWA	iShares MSCI Australia ETF	+1,700	10,300	$291,593
WMT	Walmart Inc.	+1,700	20,090	$2,087,752
EWG	iShares MSCI Germany ETF	+1,600	12,250	$506,047
EWU	iShares MSCI United Kingdom ETF	+1,600	18,975	$0
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	+1,577	82,882	$0
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index Fund	−101,260	894,308	$20,774,774
MBSD	FlexShares Disciplined Duration MBS Index Fund	−31,999	226,215	$4,496,023
HYGV	FlexShares High Yield Value - Scored Bond Index Fund	−22,631	158,159	$6,144,477
SCHF	Schwab International Equity ETF	−9,107	1,124,411	$30,887,570
MDLZ	Mondelez International, Inc.	−3,995	9,355	$540,906
TLT	iShares 20+ Year Treasury Bond ETF	−3,730	17,709	$0
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	−2,985	270,470	$13,580,298
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	−2,040	81,600	$0
SCHB	Schwab U.S. Broad Market ETF	−1,559	101,082	$2,962,713
ICE	Intercontinental Exchange, Inc.	−1,135	10,625	$1,615,318
IJR	iShares Core S&P Small-Cap ETF	−840	55,771	$0
GNR	State Street(R) SPDR(R) S&P(R) Global Natural Resources ETF	−747	66,455	$4,915,676
HAL	Halliburton Co	−725	7,260	$230,868
T	At&T Inc.	−700	18,548	$452,571
INDA	iShares MSCI India ETF	−700	17,750	$0
EWY	iShares Trust	−660	4,970	$0
RAVI	FlexShares Ultra-Short Income Fund	−615	18,358	$1,381,255
JCI	Johnson Controls International plc	−600	3,500	$520,275
IJH	iShares Core S&P Mid-Cap ETF	−505	117,430	$0
MCD	Mcdonalds Corp	−476	1,525	$352,183
AMD	Advanced Micro Devices Inc	−459	8,205	$5,019,490
MCHP	Microchip Technology Inc	−385	13,644	$1,061,093
SPLB	State Street(R) SPDR(R) Portfolio Long Term Corporate Bond ETF	−300	44,550	$907,929
NSC	Norfolk Southern Corp	−283	1,625	$502,125
VEU	Vanguard International Equity Index Funds	−275	27,344	$2,268,731
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
PLTR	Palantir Technologies Inc.	1,550	$289,927
BDX	Becton Dickinson & Co	1,431	$256,149
HSBC	Hsbc Holdings PLC	2,300	$228,413
FLBR	Franklin FTSE Brazil ETF	9,400	$219,960
SLB	Slb Limited/Nv	4,435	$216,073
EWP	iShares MSCI Spain ETF	3,570	$211,344
NVS	Novartis AG	1,473	$210,005
BHP	BHP Group Ltd	2,475	$209,979
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
ZBH	Zimmer Biomet Holdings, Inc.	3,760	$323,698
AMAT	Applied Materials Inc /De	350	$253,050
LRCX	Lam Research Corp	540	$233,998
TFC	Truist Financial Corp	4,310	$214,724
CMG	Chipotle Mexican Grill Inc	6,050	$205,700
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

195 tracked positions · $353,101,606 total · filing declares 195 positions · $443,308,560 · as of Sep 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 195 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SCHF	Schwab International Equity ETF	Reduced	1,124,411	-9,107	$30,887,570	−1.6%	8.75%
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index Fund	Reduced	894,308	-101,260	$20,774,774	−12.7%	5.88%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Reduced	270,470	-2,985	$13,580,298	−1.4%	3.85%
AAPL	Apple Inc. Technology	Added	39,749	+907	$13,237,211	+17.8%	3.75%
NVDA	Nvidia Corp Technology	Added	56,742	+1,065	$12,958,737	+16.3%	3.67%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	55,992	+185	$10,960,434	+3.1%	3.10%
MSFT	Microsoft Corp Technology	Added	20,630	+401	$10,581,127	+40.2%	3.00%
SCHE	Schwab Emerging Markets Equity ETF	Added	269,370	+5,242	$9,818,536	+2.5%	2.78%
GOOGL	Alphabet Inc. Communication Services	Added	27,739	+565	$9,544,435	−1.7%	2.70%
GUNR	FlexShares Morningstar Global Upstream Natural Resources Index Fund	Added	144,940	+4,327	$7,644,135	+10.3%	2.16%
HYGV	FlexShares High Yield Value - Scored Bond Index Fund	Reduced	158,159	-22,631	$6,144,477	−15.6%	1.74%
CAT	Caterpillar Inc Industrials	Reduced	7,190	-169	$5,829,580	−25.6%	1.65%
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	Added	112,573	+69	$5,826,778	+0.0%	1.65%
JPM	Jpmorgan Chase & Co Financial Services	Added	17,071	+127	$5,647,598	+1.8%	1.60%
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	Added	88,794	+4,373	$5,538,969	+2.3%	1.57%
SPMB	State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF	Added	248,177	+24,454	$5,246,461	+5.1%	1.49%
GQRE	FlexShares Global Quality Real Estate Index Fund	Added	85,892	+1,040	$5,106,708	−6.0%	1.45%
AMD	Advanced Micro Devices Inc Technology	Reduced	8,205	-459	$5,019,490	−0.3%	1.42%
AMZN	Amazon Com Inc Consumer Cyclical	Added	19,899	+750	$4,957,835	+8.6%	1.40%
GNR	State Street(R) SPDR(R) S&P(R) Global Natural Resources ETF	Reduced	66,455	-747	$4,915,676	+8.7%	1.39%
CVX	Chevron Corp Energy	Reduced	22,842	-18	$4,664,564	+23.1%	1.32%
MBSD	FlexShares Disciplined Duration MBS Index Fund	Reduced	226,215	-31,999	$4,496,023	−15.6%	1.27%
XOM	ExxonMobil Holdings Corp Energy	Added	25,730	+105	$4,187,557	+19.5%	1.19%
KLAC	Kla Corp Technology	Added	20,203	+103	$3,938,170	−35.1%	1.12%
SCHA	Schwab U.S. Small-Cap ETF	Reduced	117,680	-137	$3,839,898	−9.8%	1.09%
META	Meta Platforms, Inc. Communication Services	Added	5,190	+80	$3,763,684	+30.8%	1.07%
SKOR	FlexShares Credit-Scored US Corporate Bond Index Fund	Added	78,483	+2,489	$3,669,315	−0.5%	1.04%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Reduced	20,147	-31	$3,393,157	+6.0%	0.96%
SCHM	Schwab U.S. Mid-Cap ETF	Added	97,571	+787	$3,319,365	−7.0%	0.94%
SCHB	Schwab U.S. Broad Market ETF	Reduced	101,082	-1,559	$2,962,713	−0.3%	0.84%
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	Added	26,008	+188	$2,830,710	−6.5%	0.80%
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	Reduced	42,968	-8	$2,642,532	+15.8%	0.75%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Added	21,617	+407	$2,398,838	+5.6%	0.68%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Added	14,033	+227	$2,343,230	−8.4%	0.66%
VEU	Vanguard International Equity Index Funds	Reduced	27,344	-275	$2,268,731	−1.9%	0.64%
KO	Coca Cola Co Consumer Defensive	Reduced	25,756	-227	$2,217,076	+5.0%	0.63%
CRM	Salesforce, Inc. Technology	Reduced	9,499	-207	$2,180,685	+43.4%	0.62%
LLY	ELI LILLY & Co Healthcare	Reduced	1,860	-18	$2,152,168	−4.5%	0.61%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	11,664	-273	$2,149,558	−18.3%	0.61%
AXP	American Express Co Financial Services	Reduced	7,040	-30	$2,140,864	−10.5%	0.61%
WMT	Walmart Inc. Consumer Defensive	Added	20,090	+1,700	$2,087,752	+0.2%	0.59%
AVGO	Broadcom Inc. Technology	Added	5,911	+513	$2,075,884	+1.8%	0.59%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	13,906	-225	$2,020,263	−2.5%	0.57%
SPTL	State Street(R) SPDR(R) Portfolio Long Term Treasury ETF	Added	83,755	+2,070	$1,997,556	−6.8%	0.57%
RWO	State Street(R) SPDR(R) Dow Jones(R) Global Real Estate ETF	Added	39,785	+8,860	$1,846,024	+20.1%	0.52%
ABT	Abbott Laboratories Healthcare	Reduced	18,518	-195	$1,830,133	+7.8%	0.52%
ABBV	AbbVie Inc. Healthcare	Added	6,910	+30	$1,807,586	+4.4%	0.51%
RTX	RTX Corp Industrials	Added	9,353	+539	$1,736,384	+3.8%	0.49%
PFE	Pfizer Inc Healthcare	Added	59,489	+1,190	$1,696,626	+20.9%	0.48%
EWT	iShares MSCI Taiwan ETF	Added	14,950	+900	$1,687,855	+10.6%	0.48%

Showing the top 50 of 195 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.