# Shotwell Rutter Baer Inc

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2008310. Source: https://holderbook.com/funds/2008310-shotwell-rutter-baer-inc/

- Reported value: $182.1M
- Positions: 38
- Weight of the ten largest: 75.9%
- Filed: 2026-07-21

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $27.7M | 74,857 | 15.2% | 9 |
| AMERICAN CENTY ETF TR | [AVLV](https://holderbook.com/stocks/AVLV/) | $19.2M | 210,507 | 10.5% | 11 |
| DIMENSIONAL ETF TRUST | [DFGX](https://holderbook.com/stocks/DFGX/) | $14.2M | 264,904 | 7.8% | 5 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $14.1M | 170,966 | 7.8% | 9 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $12.9M | 103,556 | 7.1% | 11 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $12.4M | 173,769 | 6.8% | 9 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $12.1M | 125,042 | 6.6% | 11 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $9.8M | 166,625 | 5.4% | 9 |
| DIMENSIONAL ETF TRUST | [DISV](https://holderbook.com/stocks/DISV/) | $8.7M | 216,654 | 4.8% | 11 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $7.1M | 131,479 | 3.9% | 11 |
| PIMCO ETF TR | [MUNI](https://holderbook.com/stocks/MUNI/) | $7.1M | 134,830 | 3.9% | 9 |
| DIMENSIONAL ETF TRUST | [DFGR](https://holderbook.com/stocks/DFGR/) | $5.6M | 194,264 | 3.1% | 11 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $5.6M | 111,644 | 3.1% | 9 |
| J P MORGAN EXCHANGE TRADED F | [JMUB](https://holderbook.com/stocks/JMUB/) | $5.1M | 101,151 | 2.8% | 3 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $4.9M | 61,567 | 2.7% | 9 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $1.7M | 37,626 | 0.9% | 11 |
| ISHARES TR | [DMXF](https://holderbook.com/stocks/DMXF/) | $1.7M | 19,640 | 0.9% | 9 |
| ISHARES TR | [USXF](https://holderbook.com/stocks/USXF/) | $1.4M | 19,943 | 0.8% | 9 |
| NUSHARES ETF TR | [NULV](https://holderbook.com/stocks/NULV/) | $1.3M | 26,476 | 0.7% | 9 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $868.8K | 5,308 | 0.5% | 11 |
| ISHARES TR | [BGRN](https://holderbook.com/stocks/BGRN/) | $824.2K | 17,361 | 0.5% | 9 |
| NUSHARES ETF TR | [NUSC](https://holderbook.com/stocks/NUSC/) | $751.0K | 14,409 | 0.4% | 9 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $649.3K | 11,873 | 0.4% | 11 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $617.1K | 5,449 | 0.3% | 9 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $604.6K | 5,618 | 0.3% | 11 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $596.5K | 5,802 | 0.3% | 11 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $562.8K | 2,002 | 0.3% | 11 |
| VANGUARD WORLD FD | [VCEB](https://holderbook.com/stocks/VCEB/) | $550.4K | 8,770 | 0.3% | 9 |
| ISHARES TR | [SUSB](https://holderbook.com/stocks/SUSB/) | $539.3K | 21,579 | 0.3% | 11 |
| WHITE MTNS INS GROUP LTD | [WTM](https://holderbook.com/stocks/WTM/) | $479.0K | 231 | 0.3% | 11 |
| SPDR SERIES TRUST | [HYMB](https://holderbook.com/stocks/HYMB/) | $433.5K | 17,040 | 0.2% | 9 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $400.2K | 10,864 | 0.2% | 11 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $367.8K | 4,805 | 0.2% | 11 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $349.0K | 466 | 0.2% | 11 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $285.6K | 3,250 | 0.2% | 9 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $231.7K | 2,399 | 0.1% | 5 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $231.1K | 854 | 0.1% | 5 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $226.4K | 2,197 | 0.1% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +7.8% | +14.8% | -7.0% | 100% |
| Q1 2026 | +1.2% | -4.6% | +5.9% | 98% |
| Q4 2025 | +1.9% | +2.4% | -0.5% | 99% |
| Q3 2025 | +4.8% | +7.8% | -3.0% | 99% |
| Q2 2025 | +6.4% | +10.5% | -4.0% | 107% |
| Q1 2025 | +0.2% | -4.6% | +4.8% | 101% |
| Q4 2024 | -3.0% | +2.1% | -5.1% | 100% |
| Q3 2024 | +5.7% | +5.4% | +0.3% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $182.1M | 38 |
| Q1 2026 | $170.2M | 38 |
| Q4 2025 | $166.5M | 39 |
| Q3 2025 | $155.0M | 37 |
| Q2 2025 | $147.2M | 37 |
| Q1 2025 | $113.4M | 33 |
| Q4 2024 | $118.7M | 34 |
| Q3 2024 | $121.6M | 34 |
| Q2 2024 | $112.8M | 33 |
| Q1 2024 | $49.3M | 18 |
| Q4 2023 | $104.8M | 34 |