Shilanski & Associates, Inc.

CIK

1722084

Location

ANCHORAGE, AK

Portfolio Value

Small $220,204,682

Diversification

Diversified

Filing Date

Global Rank

#3,955 / 7,985 ▼ 51 · as of Sep 2025

Top Industry

Banks - Diversified 12.7%

3Y Alpha vs SPY

-0.7%

Period ended 9 months ago

Filed Oct 20, 2025 · 9mo

23 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

+74.7%

SPY

+76.0%

Annualised alpha

-0.3%

Max drawdown

−15.3%

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

88 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

20.5%

+0.7 pts

Top 5

35.8%

+1.7 pts

Top 10

49.8%

+1.0 pts

HHI

589

Diversified+30

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Technology	21.6%	$47,657,073	14
Unclassified	20.8%	$45,781,379	2
Financial Services	12.1%	$26,746,997	15
Consumer Defensive	10.2%	$22,508,169	6
Industrials	9.4%	$20,685,618	10
Utilities	8.6%	$18,846,711	7
Basic Materials	4.7%	$10,311,358	8
Healthcare	3.8%	$8,395,527	8
Energy	3.8%	$8,374,282	3
Communication Services	3.1%	$6,815,888	8
Consumer Cyclical	1.9%	$4,081,680	7

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBM	International Business Machines Corp	+8,065	36,293	$10,240,432
KMI	Kinder Morgan, Inc.	+5,801	161,867	$4,582,454
BAC	Bank Of America Corp /De/	+4,773	128,229	$6,615,334
SPY	Spdr S&P 500 ETF Trust	+2,076	67,803	$45,169,002
RIO	Rio Tinto PLC	+1,940	63,469	$4,189,588
MO	Altria Group, Inc.	+1,741	111,773	$7,383,724
CSCO	Cisco Systems, Inc.	+1,677	93,631	$6,406,233
TIGR	UP Fintech Holding Ltd	+1,487	31,033	$331,122
DTM	DT Midstream, Inc.	+1,291	28,393	$3,210,112
RY	Royal Bank Of Canada	+1,144	35,373	$5,211,150
NVDA	Nvidia Corp	+968	40,808	$7,613,956
NRG	Nrg Energy, Inc.	+868	19,796	$3,205,962
MMM	3M Co	+857	38,329	$5,947,894
HMY	Harmony Gold Mining Co Ltd	+670	22,909	$415,798
UAL	United Airlines Holdings, Inc.	+652	22,234	$2,145,581
VST	Vistra Corp.	+642	15,888	$3,112,776
SO	Southern Co	+634	61,841	$5,860,671
KO	Coca Cola Co	+525	68,484	$4,541,858
MSFT	Microsoft Corp	+492	16,463	$8,527,010
PG	PROCTER & GAMBLE Co	+457	27,982	$4,299,434
MUFG	Mitsubishi Ufj Financial Group Inc	+393	26,734	$426,139
CEG	Constellation Energy Corp	+282	7,828	$2,575,959
BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	+243	22,167	$426,714
CW	Curtiss Wright Corp	+208	6,154	$3,341,252
LMT	Lockheed Martin Corp	+205	6,100	$3,045,181
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
AXON	Axon Enterprise, Inc.	−2,737	4,121	$2,957,394
ABBV	AbbVie Inc.	−211	20,218	$4,681,275
PM	Philip Morris International Inc.	−105	36,047	$5,846,823
VNET	VNET Group, Inc.	−58	33,198	$342,935
AAPL	Apple Inc.	−46	16,149	$4,112,019
SE	Sea Ltd	−15	2,041	$364,787
SMFG	Sumitomo Mitsui Financial Group, Inc.	−13	14,526	$243,165
UNH	Unitedhealth Group Inc	−4	665	$229,624
JNJ	Johnson & Johnson	−3	2,260	$419,049
NFLX	Netflix Inc	−1	219	$26,256
MELI	Mercadolibre Inc	−1	107	$250,052
AVGO	Broadcom Inc.	−1	2,435	$803,330
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
HSBC	Hsbc Holdings PLC	72,432	$5,141,223
PLTR	Palantir Technologies Inc.	20,026	$3,653,142
APH	Amphenol Corp /De/	24,649	$3,050,313
NEM	NEWMONT Corp /DE/	27,609	$2,327,714
DIS	Walt Disney Co	18,873	$2,160,958
CAH	Cardinal Health Inc	13,555	$2,127,592
MOS	Mosaic Co	58,374	$2,024,410
CRS	Carpenter Technology Corp	7,898	$1,939,274
GS	Goldman Sachs Group Inc	2,342	$1,865,051
EBAY	Ebay Inc	20,035	$1,822,183
GFI	Gold Fields Ltd	10,758	$451,405
CYD	China Yuchai International Ltd	9,645	$399,013
BVN	Buenaventura Mining Co Inc	13,103	$318,795
SBSW	Sibanye Stillwater Ltd	27,905	$313,652
FUTU	Futu Holdings Ltd	1,579	$274,603
CX	Cemex Sab De CV	30,033	$269,996
ASND	Ascendis Pharma A/S	1,304	$259,248
KEP	Korea Electric Power Corp	19,635	$256,236
RYAAY	Ryanair Holdings PLC	4,242	$255,453
VIV	Telefonica Brasil S.A.	19,787	$252,284
IDCC	InterDigital, Inc.	729	$251,672
GRFS	Grifols SA	25,044	$249,438
TSLA	Tesla, Inc.	555	$246,819
PAC	Pacific Airport Group	919	$217,977
MRK	Merck & Co., Inc.	2,563	$215,112
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
ESAB	ESAB Corp	20,104	$2,423,537
FICO	Fair Isaac Corp	1,314	$2,401,939
TGT	Target Corp	24,332	$2,400,351
EVR	Evercore Inc.	8,563	$2,312,181
BRK-B	Berkshire Hathaway Inc	4,612	$2,240,371
LDOS	Leidos Holdings, Inc.	13,411	$2,115,719
AFL	Aflac Inc	19,555	$2,062,270
TAP	Molson Coors Beverage Co	40,654	$1,955,050
JLL	Jones Lang Lasalle Inc	7,372	$1,885,610
LPX	Louisiana-Pacific Corp	19,177	$1,649,030
BRBR	Bellring Brands, Inc.	23,218	$1,345,018
OKE	Oneok Inc /New/	15,975	$1,304,039
DECK	Deckers Outdoor Corp	11,662	$1,202,002
GGAL	Grupo Financiero Galicia SA	7,983	$402,263
QFIN	Qfin Holdings, Inc.	8,057	$349,351
BMA	Macro Bank Inc.	4,768	$334,761
YPF	Ypf Sociedad Anonima	10,506	$330,413
UBS	UBS Group AG	8,790	$297,277
PAM	Pampa Energy Inc.	4,253	$295,073
RELX	Relx PLC	4,990	$271,156
TSM	Taiwan Semiconductor Manufacturing Co Ltd	1,080	$244,609
ERIC	Ericsson Lm Telephone Co	28,798	$244,207
CHKP	Check Point Software Technologies Ltd	961	$212,621
MMYT	MakeMyTrip Ltd	2,042	$200,156
PSO	Pearson PLC	11,755	$175,502
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

88 positions · $220,204,682 total · as of Sep 30, 2025

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

Showing 1–50 of 88 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	67,803	+2,076	$45,169,002	+11.2%	20.51%
IBM	International Business Machines Corp Technology	Added	36,293	+8,065	$10,240,432	+23.1%	4.65%
MSFT	Microsoft Corp Technology	Added	16,463	+492	$8,527,010	+7.3%	3.87%
NVDA	Nvidia Corp Technology	Added	40,808	+968	$7,613,956	+21.0%	3.46%
MO	Altria Group, Inc. Consumer Defensive	Added	111,773	+1,741	$7,383,724	+14.5%	3.35%
BAC	Bank Of America Corp /De/ Financial Services	Added	128,229	+4,773	$6,615,334	+13.2%	3.00%
CSCO	Cisco Systems, Inc. Technology	Added	93,631	+1,677	$6,406,233	+0.4%	2.91%
MMM	3M Co Industrials	Added	38,329	+857	$5,947,894	+4.3%	2.70%
SO	Southern Co Utilities	Added	61,841	+634	$5,860,671	+4.3%	2.66%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	36,047	-105	$5,846,823	−11.2%	2.66%
RY	Royal Bank Of Canada Financial Services	Added	35,373	+1,144	$5,211,150	+15.7%	2.37%
HSBC	Hsbc Holdings PLC Financial Services	NEW	72,432	NEW	$5,141,223	NEW	2.33%
ABBV	AbbVie Inc. Healthcare	Reduced	20,218	-211	$4,681,275	+23.5%	2.13%
KMI	Kinder Morgan, Inc. Energy	Added	161,867	+5,801	$4,582,454	−0.1%	2.08%
KO	Coca Cola Co Consumer Defensive	Added	68,484	+525	$4,541,858	−5.5%	2.06%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	27,982	+457	$4,299,434	−2.0%	1.95%
RIO	Rio Tinto PLC Basic Materials	Added	63,469	+1,940	$4,189,588	+16.7%	1.90%
AAPL	Apple Inc. Technology	Reduced	16,149	-46	$4,112,019	+23.8%	1.87%
PLTR	Palantir Technologies Inc. Technology	NEW	20,026	NEW	$3,653,142	NEW	1.66%
AWK	American Water Works Company, Inc. Utilities	Added	25,726	+43	$3,580,801	+0.2%	1.63%
CW	Curtiss Wright Corp Industrials	Added	6,154	+208	$3,341,252	+15.0%	1.52%
BNY	Bank of New York Mellon Corp Financial Services	Added	29,557	+118	$3,220,530	+20.1%	1.46%
DTM	DT Midstream, Inc. Energy	Added	28,393	+1,291	$3,210,112	+7.8%	1.46%
NRG	Nrg Energy, Inc. Utilities	Added	19,796	+868	$3,205,962	+5.5%	1.46%
VST	Vistra Corp. Utilities	Added	15,888	+642	$3,112,776	+5.3%	1.41%
META	Meta Platforms, Inc. Communication Services	Added	4,158	+114	$3,053,552	+2.3%	1.39%
APH	Amphenol Corp /De/ Technology	NEW	24,649	NEW	$3,050,313	NEW	1.39%
LMT	Lockheed Martin Corp Industrials	Added	6,100	+205	$3,045,181	+11.5%	1.38%
AXON	Axon Enterprise, Inc. Industrials	Reduced	4,121	-2,737	$2,957,394	−47.9%	1.34%
CEG	Constellation Energy Corp Utilities	Added	7,828	+282	$2,575,959	+5.8%	1.17%
NEM	NEWMONT Corp /DE/ Basic Materials	NEW	27,609	NEW	$2,327,714	NEW	1.06%
DIS	Walt Disney Co Communication Services	NEW	18,873	NEW	$2,160,958	NEW	0.98%
UAL	United Airlines Holdings, Inc. Industrials	Added	22,234	+652	$2,145,581	+24.8%	0.97%
CAH	Cardinal Health Inc Healthcare	NEW	13,555	NEW	$2,127,592	NEW	0.97%
MOS	Mosaic Co Basic Materials	NEW	58,374	NEW	$2,024,410	NEW	0.92%
CRS	Carpenter Technology Corp Industrials	NEW	7,898	NEW	$1,939,274	NEW	0.88%
GS	Goldman Sachs Group Inc Financial Services	NEW	2,342	NEW	$1,865,051	NEW	0.85%
EBAY	Ebay Inc Consumer Cyclical	NEW	20,035	NEW	$1,822,183	NEW	0.83%
PANW	Palo Alto Networks Inc Technology	Added	8,856	+99	$1,803,258	+0.6%	0.82%
MCO	Moodys Corp /De/ Financial Services	Added	3,549	+81	$1,691,027	−2.8%	0.77%
AVGO	Broadcom Inc. Technology	Reduced	2,435	-1	$803,330	+19.6%	0.36%
QQQ	Invesco Qqq Trust, Series 1	Added	1,020	+1	$612,377	+8.9%	0.28%
AMZN	Amazon Com Inc Consumer Cyclical	Held	2,783	0	$611,063	+0.1%	0.28%
CVX	Chevron Corp Energy	Added	3,746	+28	$581,716	+9.3%	0.26%
EMBJ	Embraer S.A. Industrials	Added	9,392	+136	$567,746	+7.8%	0.26%
GOOGL	Alphabet Inc. Communication Services	Added	2,151	+6	$522,908	+38.3%	0.24%
JPM	Jpmorgan Chase & Co Financial Services	Added	1,588	+6	$500,902	+9.2%	0.23%
GFI	Gold Fields Ltd Basic Materials	NEW	10,758	NEW	$451,405	NEW	0.20%
BBVA	Banco Bilbao Vizcaya Argentaria, S.A. Financial Services	Added	22,167	+243	$426,714	+26.6%	0.19%
MUFG	Mitsubishi Ufj Financial Group Inc Financial Services	Added	26,734	+393	$426,139	+17.9%	0.19%