Shotwell Rutter Baer Inc

CIK

2008310

Location

LANSING, MI

Portfolio Value

Small $171,923,498

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,663 / 8,807 ▼ 412 · as of Jun 2026

Top Industry

Discount Stores 29.3%

3Y Alpha vs SPY

-7.8%

Period ended 20 days ago

Filed Oct 14, 2026 · 6d

12 quarters · since Dec 2023

Regulatory profile

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

Holder type

Unknown

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 98.3% of the book (60%+)

Turnover

Low turnover

3.7% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 9.3 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 95.3%; sector active share 89.6% against the combined 13F book's sector weights.

Over time 11 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 backtest

Portfolio Concentration

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

Top Position

24.9%

+0.5 pts

Top 5

86.9%

+3.9 pts

Top 10

98.6%

+0.3 pts

HHI

1,732

Moderately concentrated+127

Portfolio Trend

12 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	98.9%	$169,992,517	34
Consumer Defensive	0.3%	$566,260	1
Financial Services	0.3%	$463,499	1
Technology	0.3%	$440,299	1
Energy	0.1%	$241,206	1
Industrials	0.1%	$219,717	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
DFGX	Dimensional International Core Fixed Income ETF	+9,067	273,971	$14,010,602
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	+7,193	178,159	$13,951,631
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+4,974	171,599	$9,722,799
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	+3,162	137,992	$6,856,822
JMUB	JPMorgan Municipal ETF	+3,069	104,220	$4,958,787
DFGR	Dimensional Global Real Estate ETF	+2,369	196,633	$5,318,922
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	+1,466	113,110	$5,567,274
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	+992	62,559	$4,832,682
BGRN	iShares USD Green Bond ETF	+835	18,196	$0
DFIV	Dimensional International Value ETF	+651	132,130	$7,380,781
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	+253	3,503	$314,429
DMXF	iShares ESG Advanced MSCI EAFE ETF	+248	19,888	$0
SUSB	iShares ESG Aware 1-5 Year USD Corporate Bond ETF	+171	21,750	$0
ESGE	iShares Trust	+154	12,027	$0
VCEB	VANGUARD ESG U.S. CORPORATE BOND ETF	+82	8,852	$527,402
DISV	Dimensional International Small Cap Value ETF	+39	216,693	$9,380,639
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
AVLV	Avantis U.S. Large Cap Value ETF	−3,422	207,085	$18,728,767
DFAC	Dimensional U.S. Core Equity 2 ETF	−1,478	36,148	$1,606,778
AVUV	Avantis U.S. Small Cap Value ETF	−1,010	102,546	$12,076,842
VEA	Vanguard FTSE Developed Markets ETF	−815	172,954	$12,212,281
HYMB	State Street(R) SPDR Nuveen ICE High Yield Municipal Bond ETF	−704	16,336	$383,405
AVEM	Avantis Emerging Markets Equity ETF	−659	124,383	$11,694,489
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−659	74,198	$27,767,859
NUSC	Nuveen ESG Small-Cap ETF	−344	14,065	$682,504
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	−308	10,556	$390,783
USXF	iShares ESG Advanced MSCI USA ETF	−238	19,705	$0
MUB	iShares National Muni Bond ETF	−213	5,405	$0
EFV	iShares MSCI EAFE Value ETF	−197	4,608	$0
NULV	Nuveen ESG Large-Cap Value ETF	−148	26,328	$1,386,169
IEFA	iShares Core MSCI EAFE ETF	−136	2,263	$0
ESGD	iShares ESG Aware MSCI EAFE ETF	−14	5,788	$0
ESGU	iShares ESG Aware MSCI USA ETF	−11	5,297	$0
AVDV	Avantis International Small Cap Value ETF	−4	2,193	$239,870
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
MPC	Marathon Petroleum Corp	610	$241,206
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

39 tracked positions · $171,923,498 total · filing declares 39 positions · $179,928,027 · as of Sep 30, 2026

All sectors Consumer Defensive Energy Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	74,198	-659	$27,767,859	+0.2%	16.15%
AVLV	Avantis U.S. Large Cap Value ETF	Reduced	207,085	-3,422	$18,728,767	−2.5%	10.89%
DFGX	Dimensional International Core Fixed Income ETF	Added	273,971	+9,067	$14,010,602	−1.3%	8.15%
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	Added	178,159	+7,193	$13,951,631	−1.3%	8.12%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	172,954	-815	$12,212,281	−1.4%	7.10%
AVUV	Avantis U.S. Small Cap Value ETF	Reduced	102,546	-1,010	$12,076,842	−6.5%	7.02%
AVEM	Avantis Emerging Markets Equity ETF	Reduced	124,383	-659	$11,694,489	−3.1%	6.80%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Added	171,599	+4,974	$9,722,799	−1.1%	5.66%
DISV	Dimensional International Small Cap Value ETF	Added	216,693	+39	$9,380,639	+7.9%	5.46%
DFIV	Dimensional International Value ETF	Added	132,130	+651	$7,380,781	+3.9%	4.29%
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	Added	137,992	+3,162	$6,856,822	−3.3%	3.99%
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	Added	113,110	+1,466	$5,567,274	−0.7%	3.24%
DFGR	Dimensional Global Real Estate ETF	Added	196,633	+2,369	$5,318,922	−5.5%	3.09%
JMUB	JPMorgan Municipal ETF	Added	104,220	+3,069	$4,958,787	−3.2%	2.88%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Added	62,559	+992	$4,832,682	−0.7%	2.81%
DFAC	Dimensional U.S. Core Equity 2 ETF	Reduced	36,148	-1,478	$1,606,778	−3.7%	0.93%
NULV	Nuveen ESG Large-Cap Value ETF	Reduced	26,328	-148	$1,386,169	+4.7%	0.81%
NUSC	Nuveen ESG Small-Cap ETF	Reduced	14,065	-344	$682,504	−9.1%	0.40%
WMT	Walmart Inc. Consumer Defensive	Held	5,449	0	$566,260	−8.2%	0.33%
VCEB	VANGUARD ESG U.S. CORPORATE BOND ETF	Added	8,852	+82	$527,402	−4.2%	0.31%
WTM	White Mountains Insurance Group Ltd Financial Services	Held	231	0	$463,499	−3.2%	0.27%
IBM	International Business Machines Corp Technology	Held	2,002	0	$440,299	−21.8%	0.26%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Reduced	10,556	-308	$390,783	−2.4%	0.23%
HYMB	State Street(R) SPDR Nuveen ICE High Yield Municipal Bond ETF	Reduced	16,336	-704	$383,405	−11.6%	0.22%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Added	3,503	+253	$314,429	+10.1%	0.18%
MPC	Marathon Petroleum Corp Energy	NEW	610	NEW	$241,206	NEW	0.14%
AVDV	Avantis International Small Cap Value ETF	Reduced	2,193	-4	$239,870	+5.9%	0.14%
ITW	Illinois Tool Works Inc Industrials	Held	854	0	$219,717	−4.9%	0.13%
BGRN	iShares USD Green Bond ETF	Added	18,196	+835	$0	−100.0%	0.00%
DMXF	iShares ESG Advanced MSCI EAFE ETF	Added	19,888	+248	$0	−100.0%	0.00%
EFV	iShares MSCI EAFE Value ETF	Reduced	4,608	-197	$0	−100.0%	0.00%
ESGD	iShares ESG Aware MSCI EAFE ETF	Reduced	5,788	-14	$0	−100.0%	0.00%
ESGE	iShares Trust	Added	12,027	+154	$0	−100.0%	0.00%
ESGU	iShares ESG Aware MSCI USA ETF	Reduced	5,297	-11	$0	−100.0%	0.00%
IEFA	iShares Core MSCI EAFE ETF	Reduced	2,263	-136	$0	−100.0%	0.00%
IVV	iShares Core S&P 500 ETF	Held	466	0	$0	−100.0%	0.00%
MUB	iShares National Muni Bond ETF	Reduced	5,405	-213	$0	−100.0%	0.00%
SUSB	iShares ESG Aware 1-5 Year USD Corporate Bond ETF	Added	21,750	+171	$0	−100.0%	0.00%
USXF	iShares ESG Advanced MSCI USA ETF	Reduced	19,705	-238	$0	−100.0%	0.00%

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.