Newman Dignan & Sheerar, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), Newman Dignan & Sheerar, Inc. reported 194 stock positions worth $434.7 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 8.8% of the portfolio, followed by Applied Finance Valuat ETF (VSLU, 6.2%) and Schwab US DVD Equity ETF (SCHD, 5.5%). Compared with Q1 2025, it opened 28 new positions, sold out of 9, added to 54 and reduced 88. The biggest buy was a new position in Applied Finance Valuat ETF (VSLU) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- PROVIDENCE, RI
- CIK
- 0001566493
- Portfolio Value
- $434.7M (Q2 2025)
- SEC Filing
- 0001566493-25-000004 ↗ filed Jul 18, 2025
Holdings Value
Holdings 194 stocks · $434.7M
| SCHX Schwab US Large-Cap ETF | 8.79% | 1,564,224 | $38.2M | Add +0.5% |
| VSLU Applied Finance Valuat ETF | 6.20% | 688,643 | $27.0M | New |
| SCHD Schwab US DVD Equity ETF | 5.51% | 903,333 | $23.9M | Add +2.8% |
| UITB Victoryshares Core Intermedi | 4.80% | 443,544 | $20.9M | Add +10.0% |
| MSFT Microsoft Corp. | 3.19% | 27,883 | $13.9M | Reduce -5.7% |
| SGOL Abrdn Physical Gold Shares | 3.04% | 418,637 | $13.2M | Reduce -4.4% |
| AAPL Apple Inc. | 2.87% | 60,853 | $12.5M | Reduce -10.9% |
| DFAE Dimensional Emerging Core Eq | 2.31% | 346,996 | $10.0M | Add +3.4% |
| GOOGL Alphabet Inc. Class A | 2.21% | 54,496 | $9.6M | Reduce -4.0% |
| NVDA Nvidia Corp. | 2.18% | 60,009 | $9.5M | Reduce -11.2% |
| AVGO Broadcom Inc. | 1.71% | 27,020 | $7.4M | Reduce -1.7% |
| SCHF Schwab Intl Equity ETF | 1.67% | 329,440 | $7.3M | Add +0.1% |
| VOO Vanguard S&P 500 ETF | 1.67% | 12,762 | $7.2M | Reduce -5.6% |
| GSIE Goldman Sachs Activebeta Int | 1.61% | 176,397 | $7.0M | Add +4.0% |
| FPE FT-Preferred Secur & Inc. ETF | 1.57% | 382,411 | $6.8M | Add +8.1% |
| SCHG Schwab US Large-Cap Growth | 1.55% | 230,380 | $6.7M | Reduce -3.3% |
| AMZN Amazon.com Inc. | 1.45% | 28,730 | $6.3M | Add +2.4% |
| JHMM John Hancock Multi Fact Mid | 1.39% | 98,932 | $6.0M | New |
| JPM JPMorgan Chase & Co. | 1.36% | 20,399 | $5.9M | Reduce -7.2% |
| JMUB JPMorgan Municipal ETF | 1.15% | 100,576 | $5.0M | Add +16.7% |
| SCHV Schwab US Large-Cap Value | 1.02% | 159,555 | $4.4M | Reduce -2.9% |
| SCHM Schwab US Mid Cap ETF | 1.00% | 155,302 | $4.4M | Reduce -5.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.00% | 15,538 | $4.3M | Reduce -3.4% |
| IJH iShares Core S&P Midcap ETF | 0.96% | 67,278 | $4.2M | Reduce -1.2% |
| META Meta Platforms Inc. Class A | 0.91% | 5,350 | $3.9M | Reduce -0.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.90% | 79,631 | $3.9M | Reduce -51.2% |
| IBDU iShares Ibonds Dec 2029 Term | 0.88% | 164,675 | $3.8M | New |
| DFAI Dimensional International Co. | 0.86% | 108,003 | $3.7M | Add +12.2% |
| MRK Merck & Co. Inc. | 0.84% | 45,934 | $3.6M | Reduce -2.2% |
| PWR Quanta Services Inc. | 0.82% | 9,429 | $3.6M | Reduce -4.5% |
| JNJ Johnson & Johnson | 0.81% | 22,934 | $3.5M | New |
| MUNI PIMCO Intermediate Municipal | 0.79% | 67,285 | $3.5M | New |
| VEU Vanguard Ftse All-World Ex-U | 0.79% | 50,836 | $3.4M | Add +2.6% |
| SCHA Schwab US Small-Cap ETF | 0.77% | 132,589 | $3.4M | Reduce -14.0% |
| GLD SPDR Gold Shares | 0.74% | 10,584 | $3.2M | Reduce -2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.72% | 6,462 | $3.1M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.69% | 18,923 | $3.0M | Reduce -8.2% |
| RTX RTX Corp. | 0.69% | 20,639 | $3.0M | Reduce -0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.66% | 4,666 | $2.9M | Add +5.8% |
| PANW Palo Alto Networks Inc. | 0.66% | 14,055 | $2.9M | Reduce -1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.65% | 9,601 | $2.8M | Reduce -5.8% |
| NOBL Proshares S&P 500 Dividend A | 0.63% | 27,180 | $2.7M | Reduce -17.7% |
| IBMO iShares Ibonds Dec 2026 Term | 0.62% | 105,943 | $2.7M | New |
| IJR iShares Core S&P Small-Cap E | 0.60% | 23,732 | $2.6M | Reduce -8.5% |
| SDY SS SPDR S&P Dividend ETF | 0.59% | 19,014 | $2.6M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 0.58% | 11,421 | $2.5M | Reduce -0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.58% | 52,926 | $2.5M | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 0.56% | 13,714 | $2.4M | Reduce -6.7% |
| AMGN Amgen Inc. | 0.52% | 8,055 | $2.2M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 0.51% | 31,821 | $2.2M | Reduce -1.7% |
| CVX Chevron Corp. | 0.49% | 14,998 | $2.1M | Reduce -0.5% |
| UNP Union Pacific Corp. | 0.49% | 9,227 | $2.1M | Reduce -2.1% |
| FISV Fiserv Inc. | 0.49% | 12,304 | $2.1M | Reduce -1.6% |
| LHX L3HARRIS Technologies Inc. | 0.48% | 8,296 | $2.1M | Reduce -2.6% |
| PEP Pepsico Inc. | 0.47% | 15,494 | $2.0M | Reduce -1.7% |
| ADP Automatic Data Processing | 0.41% | 5,835 | $1.8M | No change |
| MA Mastercard Inc. Class A | 0.40% | 3,131 | $1.8M | Reduce -6.0% |
| HD Home Depot Inc. | 0.40% | 4,796 | $1.8M | Reduce -2.4% |
| IBMP iShares Ibonds Dec 2027 Term | 0.40% | 68,999 | $1.7M | Reduce -2.8% |
| SCHB Schwab US Broad Market ETF | 0.39% | 71,248 | $1.7M | Add +0.2% |
| V Visa Inc. Class A | 0.38% | 4,640 | $1.6M | Reduce -2.2% |
| ORCL Oracle Corp. | 0.36% | 7,158 | $1.6M | Reduce -0.9% |
| MCD McDonald's Corp. | 0.34% | 5,024 | $1.5M | Reduce -0.4% |
| EMR Emerson Electric Co. | 0.34% | 10,935 | $1.5M | Reduce -7.7% |
| JHSC John Hancock Multi Small Cap | 0.32% | 35,882 | $1.4M | New |
| QCOM Qualcomm Inc. | 0.31% | 8,390 | $1.3M | Add +0.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.30% | 6,719 | $1.3M | Reduce -4.0% |
| XLK SS Technology Select Sector | 0.30% | 5,158 | $1.3M | Add +4.8% |
| VZ Verizon Communications Inc. | 0.29% | 29,530 | $1.3M | Reduce -3.6% |
| ROP Roper Technologies Inc. | 0.29% | 2,252 | $1.3M | Add +2.2% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.28% | 48,256 | $1.2M | No change |
| MDT Medtronic PLC | 0.28% | 13,960 | $1.2M | Reduce -2.9% |
| NEE Nextera Energy Inc. | 0.27% | 17,067 | $1.2M | Reduce -7.8% |
| XOM Exxon Mobil Corp. | 0.27% | 10,731 | $1.2M | Reduce -20.4% |
| CRM Salesforce Inc. | 0.26% | 4,199 | $1.1M | Reduce -1.3% |
| CWI State Street SPDR MSCI Acwi | 0.25% | 33,705 | $1.1M | Reduce -7.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 2,366 | $1.0M | Reduce -40.2% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 2,557 | $1.0M | Reduce -1.0% |
| KLAC KLA Corp. | 0.23% | 1,132 | $1.0M | Add +1.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 8,168 | $1.0M | New |
| IEMG iShares Core MSCI Emerging | 0.22% | 16,226 | $974K | Reduce -8.6% |
| KO The Coca-Cola Co. | 0.22% | 13,690 | $969K | Add +1.0% |
| VIG Vanguard Dividend Apprec ETF | 0.21% | 4,567 | $935K | Reduce -2.1% |
| BX Blackstone Inc. | 0.21% | 6,200 | $927K | Add +0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.21% | 5,205 | $920K | Reduce -27.3% |
| AMAT Applied Materials Inc. | 0.21% | 4,921 | $901K | Reduce -2.2% |
| CFG Citizens Financial Group | 0.20% | 19,725 | $883K | Reduce -3.1% |
| IVV iShares Core S&P 500 ETF | 0.20% | 1,403 | $871K | New |
| WMT Walmart Inc. | 0.20% | 8,877 | $868K | Reduce -28.6% |
| MDLZ Mondelez International Inc. Class A | 0.20% | 12,815 | $864K | Reduce -10.8% |
| VNQ Vanguard Real Estate ETF | 0.20% | 9,583 | $853K | Reduce -13.1% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 18,008 | $834K | Add +0.2% |
| ADBE Adobe Inc. | 0.19% | 2,098 | $812K | Reduce -1.9% |
| LLY Eli Lilly & Co. | 0.18% | 1,026 | $800K | Reduce -14.8% |
| IBMS ISHARESIBONDDEC2030MUNIBDETF | 0.18% | 31,016 | $796K | New |
| GS Goldman Sachs Group Inc. | 0.18% | 1,083 | $766K | Add +6.6% |
| ITW Illinois Tool Works | 0.17% | 3,073 | $760K | Reduce -3.3% |
| ABBV Abbvie Inc. | 0.17% | 4,040 | $750K | Add +0.1% |
| DHR Danaher Corp. | 0.17% | 3,794 | $750K | Reduce -10.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.17% | 5,968 | $737K | Add +1.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $345K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 294 | $345K | Add +1.0% |
Total filed on the 13F, all lines: $435.1M.
Portfolio Sells Q1 2025 → Q2 2025
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -51.2% | 0.90% | −1.31 |
| AAPL Apple Inc. | Reduce -10.9% | 2.87% | −1.27 |
| SGOL Abrdn Physical Gold Shares | Reduce -4.4% | 3.04% | −0.53 |
| MRK Merck & Co. Inc. | Reduce -2.2% | 0.84% | −0.32 |
| NOBL Proshares S&P 500 Dividend A | Reduce -17.7% | 0.63% | −0.29 |
| FISV Fiserv Inc. | Reduce -1.6% | 0.49% | −0.27 |
| PG The Procter & Gamble Co. | Reduce -8.2% | 0.69% | −0.27 |
| VOO Vanguard S&P 500 ETF | Reduce -5.6% | 1.67% | −0.23 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 0.72% | −0.22 |
| SCHA Schwab US Small-Cap ETF | Reduce -14.0% | 0.77% | −0.22 |
| IBMN iShares Ibonds Dec 2025 Term | Reduce -60.4% | 0.11% | −0.21 |
| CVX Chevron Corp. | Reduce -0.5% | 0.49% | −0.19 |
| GOOGL Alphabet Inc. Class A | Reduce -4.0% | 2.21% | −0.19 |
| SCHV Schwab US Large-Cap Value | Reduce -2.9% | 1.02% | −0.18 |
| PEP Pepsico Inc. | Reduce -1.7% | 0.47% | −0.17 |
| SCHM Schwab US Mid Cap ETF | Reduce -5.3% | 1.00% | −0.17 |
| XOM Exxon Mobil Corp. | Reduce -20.4% | 0.27% | −0.17 |
| AMGN Amgen Inc. | Reduce -0.4% | 0.52% | −0.17 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -40.2% | 0.24% | −0.16 |
| LOW Lowe's Cos Inc. | Reduce -0.7% | 0.58% | −0.15 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.15 |
| IJR iShares Core S&P Small-Cap E | Reduce -8.5% | 0.60% | −0.14 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -3.4% | 1.00% | −0.14 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -47.5% | 0.10% | −0.13 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.2% | 0.96% | −0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -27.3% | 0.21% | −0.13 |
| UNP Union Pacific Corp. | Reduce -2.1% | 0.49% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -7.2% | 1.36% | −0.11 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.0% | 0.24% | −0.11 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.1% | 0.59% | −0.11 |
| GLD SPDR Gold Shares | Reduce -2.0% | 0.74% | −0.11 |
| WMT Walmart Inc. | Reduce -28.6% | 0.20% | −0.10 |
| MA Mastercard Inc. Class A | Reduce -6.0% | 0.40% | −0.09 |
| MCD McDonald's Corp. | Reduce -0.4% | 0.34% | −0.09 |
| IBMP iShares Ibonds Dec 2027 Term | Reduce -2.8% | 0.40% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -14.8% | 0.18% | −0.09 |
| HD Home Depot Inc. | Reduce -2.4% | 0.40% | −0.09 |
| NEE Nextera Energy Inc. | Reduce -7.8% | 0.27% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -3.6% | 0.29% | −0.09 |
| SPLV Invesco S&P 500 Low Volatili | Sold out | 0.00% | −0.08 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.3% | 1.55% | −0.08 |
| VNQ Vanguard Real Estate ETF | Reduce -13.1% | 0.20% | −0.08 |
| V Visa Inc. Class A | Reduce -2.2% | 0.38% | −0.08 |
| MDT Medtronic PLC | Reduce -2.9% | 0.28% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -6.7% | 0.56% | −0.07 |
| MDLZ Mondelez International Inc. Class A | Reduce -10.8% | 0.20% | −0.07 |
| DHR Danaher Corp. | Reduce -10.4% | 0.17% | −0.06 |
| RTX RTX Corp. | Reduce -0.7% | 0.69% | −0.06 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.06 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -4.0% | 0.30% | −0.05 |
Portfolio Buys Q1 2025 → Q2 2025
| VSLU Applied Finance Valuat ETF | New | 6.20% | +6.20 |
| JHMM John Hancock Multi Fact Mid | New | 1.39% | +1.39 |
| IBDU iShares Ibonds Dec 2029 Term | New | 0.88% | +0.88 |
| JNJ Johnson & Johnson | New | 0.81% | +0.81 |
| MUNI PIMCO Intermediate Municipal | New | 0.79% | +0.79 |
| IBMO iShares Ibonds Dec 2026 Term | New | 0.62% | +0.62 |
| JHSC John Hancock Multi Small Cap | New | 0.32% | +0.32 |
| DIS The Walt Disney Co. | New | 0.23% | +0.23 |
| IVV iShares Core S&P 500 ETF | New | 0.20% | +0.20 |
| IBMS ISHARESIBONDDEC2030MUNIBDETF | New | 0.18% | +0.18 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.11% | +0.11 |
| IBMR iShares Ibonds Dec 2029 M BD | New | 0.10% | +0.10 |
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.09% | +0.09 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.09% | +0.09 |
| ILDR First Trust Innovation Leade | New | 0.07% | +0.07 |
| BN Brookfield Corp. | New | 0.06% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.06% | +0.06 |
| ET Energy Transfer LP | New | 0.06% | +0.06 |
| JCI Johnson Controls Internation | New | 0.06% | +0.06 |
| UBER Uber Technologies Inc. | New | 0.05% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | Add +11.8% | 0.15% | +0.05 |
| VLO Valero Energy Corp. | New | 0.05% | +0.05 |
| TT Trane Technologies PLC | New | 0.05% | +0.05 |
| IBDT iShares Ibonds Dec 2028 ETF | New | 0.05% | +0.05 |
| DUK Duke Energy Corp. | New | 0.05% | +0.05 |
| COF Capital One Financial Corp. | New | 0.05% | +0.05 |
| PAYX Paychex Inc. | New | 0.05% | +0.05 |
| CTVA Corteva Inc. | New | 0.05% | +0.05 |
| IGM iShares Expanded Tech Sector | New | 0.05% | +0.05 |
| DFAI Dimensional International Co. | Add +12.2% | 0.86% | +0.04 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +54.5% | 0.13% | +0.03 |
| KLAC KLA Corp. | Add +1.4% | 0.23% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +6.6% | 0.18% | +0.02 |
| SOFI Sofi Technologies Inc. | Add +6.6% | 0.08% | +0.02 |
| XLK SS Technology Select Sector | Add +4.8% | 0.30% | +0.02 |
| PYPL PayPal Holdings Inc. | Add +23.2% | 0.11% | +0.02 |
| TSLA Tesla Inc. | Add +18.1% | 0.09% | +0.02 |
| SKIN Skinhealth Systems Inc. | Add +28.1% | 0.04% | +0.01 |
| INTU Intuit Inc. | Add +1.6% | 0.12% | +0.01 |
| STT State Street Corp. | Add +0.2% | 0.15% | +0.00 |
| TGT Target Corp. | Add +25.0% | 0.08% | −0.00 |
| PM Philip Morris International | Add +1.1% | 0.08% | −0.00 |
| INCY Incyte Corp. | Add +2.7% | 0.08% | −0.00 |
| VEA Vanguard Ftse Developed ETF | Add +3.4% | 0.09% | −0.00 |
| NKE Nike Inc. Class B | Add +0.0% | 0.08% | −0.00 |
| VXUS Vanguard Total Intl Stock | Add +0.4% | 0.08% | −0.01 |
| LMT Lockheed Martin Corp. | Add +0.4% | 0.05% | −0.01 |
| SYY Sysco Corp. | Add +0.7% | 0.05% | −0.01 |
| AMZN Amazon.com Inc. | Add +2.4% | 1.45% | −0.01 |
| UL Unilever PLC | Add +0.4% | 0.06% | −0.01 |
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +1.0% | 294 | $345K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 196 | $522.5M | SCHX, VSLU, SCHD, GOOGL, DFAE |
| Q1 2026 | 191 | $474.7M | SCHX, VSLU, SCHD, UITB, SGOL |
| Q4 2025 | 187 | $479.5M | SCHX, VSLU, SCHD, UITB, GOOGL |
| Q3 2025 | 179 | $462.7M | SCHX, VSLU, SCHD, UITB, AAPL |
| Q2 2025 | 194 | $434.7M | SCHX, VSLU, SCHD, UITB, MSFT |
| Q1 2025Amended | 175 | $366.0M | SCHX, SCHD, UITB, AAPL, SGOL |
| Q4 2024 | 179 | $390.0M | SCHX, SCHD, AAPL, UITB, MSFT |
| Q3 2024 | 186 | $417.2M | SCHX, VSLU, SCHD, AAPL, UITB |
| Q2 2024 | 168 | $387.4M | SCHX, VSLU, SCHD, AAPL, MSFT |
| Q1 2024 | 170 | $373.7M | SCHX, SCHD, VSLU, MSFT, AAPL |