Shilanski & Associates, Inc.
Reported holdings as of Q3 2025, from 26 quarterly filings.
This filer last reported in Q3 2025; the most recent quarter on file across all filers is Q2 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | SPY | $45.2M | 67,803 | +0.40pp | 26q | +3.2%+$1.4M | |
| SCHWAB STRATEGIC TR | SCHB | $31.6M | 1,229,744 | +0.28pp | 26q | +3.0%+$927.2K | |
| SCHWAB STRATEGIC TR | FNDF | $14.5M | 336,871 | +0.05pp | 12q | +1.5%+$209.9K | |
| SPDR SERIES TRUST | SPYG | $11.6M | 111,318 | +0.08pp | 5q | +0.7%+$76.0K | |
| INVESCO EXCH TRADED FD TR II | SPHD | $11.4M | 230,565 | -0.01pp | 10q | +3.2%+$355.8K | |
| ISHARES TR | TIP | $10.5M | 94,206 | -0.02pp | 12q | +5.6%+$559.0K | |
| SPDR SERIES TRUST | JNK | $10.5M | 106,917 | -0.02pp | 12q | +6.0%+$594.2K | |
| SPDR SERIES TRUST | SPIB | $10.4M | 306,815 | -0.02pp | 12q | +5.6%+$548.9K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $10.2M | 36,293 | +0.34pp | 26q | +28.6%+$2.3M | |
| SSGA ACTIVE ETF TR | SRLN | $9.3M | 223,982 | -0.02pp | 12q | +6.8%+$594.1K | |
| SCHWAB STRATEGIC TR | FNDC | $8.7M | 196,313 | -0.03pp | 12q | HELD | |
| MICROSOFT CORP | MSFT | $8.5M | 16,463 | flat | 26q | +3.1%+$254.8K | |
| NVIDIA CORPORATION | NVDA | $7.6M | 40,808 | +0.23pp | 22q | +2.4%+$180.6K | |
| ALTRIA GROUP INC | MO | $7.4M | 111,773 | +0.09pp | 12q | +1.6%+$115.0K | |
| EXXON MOBIL CORP | XOMXXXX | $7.0M | 61,756 | +0.01pp | 26q | +3.5%+$237.5K | |
| BANK OF AMER CORP | BAC | $6.6M | 128,229 | +0.09pp | 12q | +3.9%+$246.2K | |
| FIRST TR EXCHANGE-TRADED FD | FTSM | $6.6M | 109,128 | -0.06pp | 12q | +3.9%+$248.2K | |
| CISCO SYS INC | CSCO | $6.4M | 93,631 | -0.12pp | 26q | +1.8%+$114.7K | |
| 3M CO | MMM | $5.9M | 38,329 | -0.05pp | 12q | +2.3%+$133.0K | |
| SOUTHERN CO | SO | $5.9M | 61,841 | -0.05pp | 12q | +1.0%+$60.1K | |
| PHILIP MORRIS INTL INC | PM | $5.8M | 36,047 | -0.33pp | 12q | HELD | |
| VANGUARD WORLD FD | VDE | $5.4M | 43,020 | +0.03pp | 12q | +4.2%+$219.4K | |
| ROYAL BK CDA | RY | $5.2M | 35,373 | +0.10pp | 12q | +3.3%+$168.5K | |
| HSBC HLDGS PLC | HSBC | $5.1M | 72,432 | - | new | NEW | |
| ISHARES TR | TLH | $5.0M | 48,464 | - | new | NEW | |
| ABBVIE INC | ABBV | $4.7M | 20,218 | +0.16pp | 20q | -1.0%-$48.9K | |
| KINDER MORGAN INC DEL | KMI | $4.6M | 161,867 | -0.09pp | 8q | +3.7%+$164.2K | |
| COCA COLA CO | KO | $4.6M | 68,484 | -0.17pp | 26q | +0.8%+$35.1K | |
| PROCTER & GAMBLE CO | PG | $4.3M | 27,982 | -0.11pp | 26q | +1.7%+$70.2K | |
| RIO TINTO PLC | RIO | $4.2M | 63,469 | +0.09pp | 12q | +3.2%+$128.1K | |
| APPLE INC | AAPL | $4.1M | 16,149 | +0.14pp | 26q | HELD | |
| PALANTIR TECHNOLOGIES INC | PLTR | $3.7M | 20,026 | - | new | NEW | |
| AMERICAN WTR WKS CO INC NEW | AWK | $3.6M | 25,726 | -0.07pp | 12q | HELD | |
| VANGUARD WORLD FD | VPU | $3.5M | 18,502 | +0.02pp | 12q | +2.1%+$72.2K | |
| CURTISS WRIGHT CORP | CW | $3.3M | 6,154 | +0.06pp | 12q | +3.5%+$112.9K | |
| WISDOMTREE TR | DGRW | $3.3M | 37,170 | +0.01pp | 6q | +2.6%+$83.0K | |
| BANK OF NY MELLON CORP | BNY | $3.2M | 29,557 | +0.09pp | 4q | HELD | |
| DT MIDSTREAM INC | DTM | $3.2M | 28,393 | flat | 5q | +4.8%+$146.0K | |
| NRG ENERGY INC | NRG | $3.2M | 19,796 | -0.02pp | 5q | +4.6%+$140.6K | |
| VISTRA CORP | VST | $3.1M | 15,888 | -0.02pp | 5q | +4.2%+$125.8K | |
| VANECK ETF TRUST | BIZD | $3.1M | 207,821 | -0.12pp | 12q | +2.3%+$71.3K | |
| META PLATFORMS INC | META | $3.1M | 4,158 | -0.04pp | 10q | +2.8%+$83.7K | |
| AMPHENOL CORP | APH | $3.1M | 24,649 | - | new | NEW | |
| LOCKHEED MARTIN CORP | LMT | $3.0M | 6,100 | +0.03pp | 8q | +3.5%+$102.3K | |
| AXON ENTERPRISE INC | AXON | $3.0M | 4,121 | -0.84pp | 11q | -39.9%-$2.0M | |
| CONSTELLATION ENERGY CORP | CEG | $2.6M | 7,828 | -0.01pp | 10q | +3.7%+$92.8K | |
| NEWMONT CORP | NEM | $2.3M | 27,609 | - | new | NEW | |
| DISNEY WALT CO | DIS | $2.2M | 18,873 | - | new | NEW | |
| UNITED AIRLS HLDGS INC | UAL | $2.1M | 22,234 | +0.08pp | 3q | +3.0%+$62.9K | |
| CARDINAL HEALTH INC | CAH | $2.1M | 13,555 | - | new | NEW | |
| MOSAIC CO | MOS | $2.0M | 58,374 | - | new | NEW | |
| CARPENTER TECHNOLOGY CORP | CRS | $1.9M | 7,898 | - | new | NEW | |
| GOLDMAN SACHS GROUP INC | GS | $1.9M | 2,342 | - | new | NEW | |
| EBAY INC. | EBAY | $1.8M | 20,035 | - | new | NEW | |
| PALO ALTO NETWORKS INC | PANW | $1.8M | 8,856 | -0.03pp | 7q | +1.1%+$20.2K | |
| NEWS CORP NEW | NWS | $1.8M | 51,755 | -0.02pp | 7q | +3.2%+$54.8K | |
| MOODYS CORP | MCO | $1.7M | 3,549 | -0.05pp | 7q | +2.3%+$38.6K | |
| ISHARES TR | IVV | $919.3K | 1,373 | +0.01pp | 4q | +3.9%+$34.1K | |
| BROADCOM INC | AVGO | $803.3K | 2,435 | +0.02pp | 5q | HELD | |
| INVESCO QQQ TR | QQQ | $612.5K | 1,020 | flat | 22q | HELD | |
| AMAZON COM INC | AMZN | $611.1K | 2,783 | -0.01pp | 26q | HELD | |
| CHEVRON CORPORATION | CVX | $581.7K | 3,746 | flat | 26q | +0.8%+$4.3K | |
| EMBRAER S.A. | EMBJ | $567.7K | 9,392 | flat | 10q | +1.5%+$8.2K | |
| ALPHABET INC | GOOGL | $522.8K | 2,151 | +0.03pp | 11q | HELD | |
| JPMORGAN CHASE & CO | JPM | $500.9K | 1,588 | flat | 13q | HELD | |
| GOLD FIELDS LTD | GFI | $451.4K | 10,758 | - | new | NEW | |
| BANCO BILBAO VIZCAYA ARGENTA | BBVA | $426.7K | 22,167 | +0.02pp | 12q | +1.1%+$4.7K | |
| MITSUBISHI UFJ FINANCIAL GRO | MUFG | $426.1K | 26,734 | +0.01pp | 7q | +1.5%+$6.3K | |
| JOHNSON & JOHNSON | JNJ | $419.1K | 2,260 | +0.01pp | 7q | HELD | |
| HARMONY GOLD MNG LTD | HMY | $415.8K | 22,909 | +0.02pp | 7q | +3.0%+$12.2K | |
| CHINA YUCHAI INTL LTD | CYD | $399.0K | 9,645 | - | new | NEW | |
| MCDONALDS CORP | MCD | $387.9K | 1,276 | flat | 3q | +0.7%+$2.7K | |
| ORACLE CORP | ORCL | $387.3K | 1,377 | +0.02pp | 2q | HELD | |
| SEA LTD | SE | $364.8K | 2,041 | flat | 3q | -0.7%-$2.7K | |
| VERIZON COMMUNICATIONS INC | VZ | $358.0K | 8,146 | flat | 12q | +0.9%+$3.3K | |
| BARCLAYS PLC | BCS | $344.7K | 16,678 | flat | 5q | +1.0%+$3.4K | |
| VNET GROUP INC | VNET | $342.9K | 33,198 | +0.03pp | 3q | HELD | |
| UP FINTECH HLDG LTD | TIGR | $331.1K | 31,033 | +0.01pp | 4q | +5.0%+$15.9K | |
| COMPANIA DE MINAS BUENAVENTU | BVN | $318.8K | 13,103 | - | new | NEW | |
| SIBANYE STILLWATER LTD | SBSW | $313.7K | 27,905 | - | new | NEW | |
| SAP SE | SAP | $283.0K | 1,059 | -0.02pp | 8q | +0.9%+$2.4K | |
| FUTU HLDGS LTD | FUTU | $274.6K | 1,579 | - | new | NEW | |
| CEMEX SA EURO MTN BE 144A | CX | $270.0K | 30,033 | - | new | NEW | |
| ALASKA AIR GROUP INC | ALK | $267.9K | 5,381 | flat | 12q | +1.1%+$3.0K | |
| NETFLIX INC | NFLX | $262.6K | 219 | -0.01pp | 3q | HELD | |
| INVESCO EXCHANGE TRADED FD T | PDP | $262.2K | 2,221 | flat | 7q | HELD | |
| ASCENDIS PHARMA A/S | ASND | $259.2K | 1,304 | - | new | NEW | |
| KOREA ELEC PWR CORP | KEP | $256.2K | 19,635 | - | new | NEW | |
| RYANAIR HOLDINGS PLC | RYAAY | $255.5K | 4,242 | - | new | NEW | |
| DUKE ENERGY CORP NEW | DUK | $254.3K | 2,055 | flat | 6q | +5.7%+$13.7K | |
| TELEFONICA BRASIL SA | VIV | $252.3K | 19,787 | - | new | NEW | |
| INTERDIGITAL INC | IDCC | $251.7K | 729 | - | new | NEW | |
| MERCADOLIBRE INC | MELI | $250.1K | 107 | -0.01pp | 3q | -0.9%-$2.3K | |
| GRIFOLS S A | GRFS | $249.4K | 25,044 | - | new | NEW | |
| AMERICAN EXPRESS CO | AXP | $248.1K | 747 | flat | 5q | HELD | |
| TESLA INC | TSLA | $246.8K | 555 | - | new | NEW | |
| SUMITOMO MITSUI FIN GRP INC | SMFG | $243.2K | 14,526 | flat | 7q | HELD | |
| WALMART INC | WMT | $234.3K | 2,273 | flat | 4q | HELD | |
| ISHARES TR | IWM | $230.1K | 951 | flat | 2q | HELD | |
| UNITEDHEALTH GROUP INC | UNH | $229.6K | 665 | flat | 22q | -0.6%-$1.4K | |
| KT CORP | KT | $227.9K | 11,687 | -0.01pp | 3q | HELD | |
| GRUPO AEROPORTUNARIO DEL PAC | PAC | $218.0K | 919 | - | new | NEW | |
| VANGUARD INDEX FDS | VTI | $217.5K | 661 | flat | 2q | HELD | |
| MERCK & CO INC | MRK | $215.1K | 2,563 | - | new | NEW | |
| AMGEN INC | AMGN | $214.1K | 759 | flat | 3q | +0.9%+$2.0K | |
| VEON LTD | VEON | $214.0K | 3,932 | - | new | NEW | |
| AEGON LTD | AEG | $207.2K | 25,930 | flat | 3q | HELD | |
| BRITISH AMERN TOB PLC | BTI | $202.1K | 3,807 | - | new | NEW | |
| KINGSOFT CLOUD HLDGS LTD | KC | $182.5K | 12,234 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Funds & ETFs | $45.8M | 12.2% |
| Computer Hardware | $22.6M | 6.0% |
| Banks & Lending | $22.4M | 5.9% |
| Utilities | $18.8M | 5.0% |
| Food, Drink & Tobacco | $18.0M | 4.8% |
| Software & IT Services | $17.0M | 4.5% |
| Semiconductors & Electronics | $11.5M | 3.0% |
| Mining & Metals | $10.0M | 2.6% |
| Energy | $8.4M | 2.2% |
| Industrials | $6.7M | 1.8% |
| Chemicals | $6.3M | 1.7% |
| Biotech & Pharma | $6.0M | 1.6% |
| Other sectors | $28.9M | 7.7% |
| Not classified | $154.0M | 40.9% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2025 | $376.3M | 109 | 29 | 53 | 5 | 28 | 43.9% | 20 |
| Q2 2025 | $350.0M | 108 | 5 | 41 | 31 | 1 | 42.8% | 32 |
| Q1 2025 | $320.5M | 104 | 13 | 58 | 28 | 10 | 42.6% | 25 |
| Q4 2024 | $311.7M | 101 | 13 | 21 | 48 | 14 | 42.9% | 21 |
| Q3 2024 | $307.7M | 102 | 18 | 24 | 51 | 24 | 41.4% | 43 |
| Q2 2024 | $297.2M | 108 | 11 | 35 | 45 | 8 | 43.2% | 18 |
| Q1 2024 | $290.3M | 105 | 18 | 33 | 41 | 10 | 42.6% | 11 |
| Q4 2023 | $262.6M | 97 | 9 | 29 | 45 | 12 | 43.1% | 10 |
| Q3 2023 | $245.3M | 100 | 7 | 59 | 19 | 17 | 40.7% | 45 |
| Q2 2023 | $247.2M | 110 | 21 | 58 | 13 | 9 | 39.3% | 28 |
| Q1 2023 | $222.4M | 98 | 17 | 59 | 5 | 32 | 39.5% | 42 |
| Q4 2022 | $228.8M | 113 | 89 | 14 | 10 | 115 | 37.4% | 31 |
| Q3 2022 | $272.6M | 139 | 114 | 11 | 14 | 82 | 55.3% | 35 |
| Q2 2022 | $213.9M | 107 | 15 | 59 | 18 | 31 | 36.5% | 33 |
| Q1 2022 | $238.4M | 123 | 25 | 50 | 28 | 17 | 35.5% | 20 |
| Q4 2021 | $234.8M | 115 | 13 | 52 | 37 | 12 | 34.6% | 12 |
| Q3 2021 | $215.2M | 114 | 7 | 70 | 20 | 5 | 34.1% | 12 |
| Q2 2021 | $210.8M | 112 | 17 | 68 | 10 | 11 | 33.9% | 44 |
| Q1 2021 | $187.4M | 106 | 21 | 45 | 20 | 10 | 31.8% | 14 |
| Q4 2020 | $164.7M | 95 | 18 | 40 | 25 | 12 | 34.1% | 34 |
| Q3 2020 | $147.6M | 89 | 9 | 36 | 11 | 6 | 37.3% | 43 |
| Q2 2020 | $137.2M | 86 | 22 | 46 | 11 | 16 | 36.7% | 31 |
| Q1 2020 | $99.7M | 80 | 6 | 56 | 15 | 18 | 35.2% | 14 |
| Q4 2019 | $129.9M | 92 | 17 | 41 | 19 | 12 | 31.9% | 30 |
| Q3 2019 | $123.8M | 87 | 6 | 53 | 21 | 10 | 32.3% | 25 |
| Q2 2019 | $123.4M | 91 | 0 | 0 | 0 | 0 | 31.8% | 36 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.