Newman Dignan & Sheerar, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 9, 2025), Newman Dignan & Sheerar, Inc. reported 179 stock positions worth $462.7 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 8.8% of the portfolio, followed by Applied Finance Valuat ETF (VSLU, 6.3%) and Schwab US DVD Equity ETF (SCHD, 5.4%). Compared with Q2 2025, it opened 5 new positions, sold out of 20, added to 53 and reduced 87. The biggest buy was PIMCO Intermediate Municipal (MUNI, shares +61%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- PROVIDENCE, RI
- CIK
- 0001566493
- Portfolio Value
- $462.7M (Q3 2025)
- SEC Filing
- 0001566493-25-000010 ↗ filed Oct 9, 2025
Holdings Value
Holdings 179 stocks · $462.7M
| SCHX Schwab US Large-Cap ETF | 8.79% | 1,544,007 | $40.7M | Reduce -1.3% |
| VSLU Applied Finance Valuat ETF | 6.35% | 688,156 | $29.4M | Reduce -0.1% |
| SCHD Schwab US DVD Equity ETF | 5.44% | 921,785 | $25.2M | Add +2.0% |
| UITB Victoryshares Core Intermedi | 4.74% | 461,389 | $21.9M | Add +4.0% |
| AAPL Apple Inc. | 3.25% | 59,087 | $15.0M | Reduce -2.9% |
| SGOL Abrdn Physical Gold Shares | 3.23% | 406,451 | $15.0M | Reduce -2.9% |
| MSFT Microsoft Corp. | 3.03% | 27,068 | $14.0M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 2.79% | 53,038 | $12.9M | Reduce -2.7% |
| DFAE Dimensional Emerging Core Eq | 2.39% | 350,866 | $11.1M | Add +1.1% |
| NVDA Nvidia Corp. | 2.38% | 58,924 | $11.0M | Reduce -1.8% |
| AVGO Broadcom Inc. | 1.77% | 24,802 | $8.2M | Reduce -8.2% |
| VOO Vanguard S&P 500 ETF | 1.66% | 12,579 | $7.7M | Reduce -1.4% |
| SCHF Schwab Intl Equity ETF | 1.65% | 328,868 | $7.7M | Reduce -0.2% |
| FPE FT-Preferred Secur & Inc. ETF | 1.60% | 405,771 | $7.4M | Add +6.1% |
| SCHG Schwab US Large-Cap Growth | 1.55% | 225,323 | $7.2M | Reduce -2.2% |
| GSIE Goldman Sachs Activebeta Int | 1.53% | 172,192 | $7.1M | Reduce -2.4% |
| JHMM John Hancock Multi Fact Mid | 1.43% | 102,472 | $6.6M | Add +3.6% |
| AMZN Amazon.com Inc. | 1.37% | 28,790 | $6.3M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 1.32% | 19,405 | $6.1M | Reduce -4.9% |
| JMUB JPMorgan Municipal ETF | 1.28% | 116,905 | $5.9M | Add +16.2% |
| MUNI PIMCO Intermediate Municipal | 1.22% | 108,175 | $5.7M | Add +60.8% |
| SCHV Schwab US Large-Cap Value | 0.99% | 157,737 | $4.6M | Reduce -1.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.99% | 15,613 | $4.6M | Add +0.5% |
| SCHM Schwab US Mid Cap ETF | 0.96% | 149,815 | $4.4M | Reduce -3.5% |
| IJH iShares Core S&P Midcap ETF | 0.93% | 66,126 | $4.3M | Reduce -1.7% |
| DFAI Dimensional International Co. | 0.90% | 115,035 | $4.2M | Add +6.5% |
| IBDU iShares Ibonds Dec 2029 Term | 0.89% | 174,944 | $4.1M | Add +6.2% |
| JNJ Johnson & Johnson | 0.87% | 21,720 | $4.0M | Reduce -5.3% |
| MRK Merck & Co. Inc. | 0.81% | 44,695 | $3.8M | Reduce -2.7% |
| GLD SPDR Gold Shares | 0.81% | 10,484 | $3.7M | Reduce -0.9% |
| PWR Quanta Services Inc. | 0.81% | 8,991 | $3.7M | Reduce -4.7% |
| META Meta Platforms Inc. Class A | 0.80% | 5,065 | $3.7M | Reduce -5.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.80% | 51,918 | $3.7M | Add +2.1% |
| SCHA Schwab US Small-Cap ETF | 0.78% | 129,408 | $3.6M | Reduce -2.4% |
| RTX RTX Corp. | 0.75% | 20,669 | $3.5M | Add +0.1% |
| GOOG Alphabet Inc. Class C | 0.71% | 13,529 | $3.3M | Reduce -1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.71% | 6,516 | $3.3M | Add +0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.66% | 4,587 | $3.1M | Reduce -1.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.65% | 60,044 | $3.0M | Reduce -24.6% |
| PANW Palo Alto Networks Inc. | 0.61% | 13,795 | $2.8M | Reduce -1.9% |
| IJR iShares Core S&P Small-Cap E | 0.60% | 23,174 | $2.8M | Reduce -2.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.59% | 52,909 | $2.7M | Reduce -0.0% |
| PG The Procter & Gamble Co. | 0.59% | 17,763 | $2.7M | Reduce -6.1% |
| NOBL Proshares S&P 500 Dividend A | 0.59% | 26,452 | $2.7M | Reduce -2.7% |
| LOW Lowe's Cos Inc. | 0.58% | 10,738 | $2.7M | Reduce -6.0% |
| SDY SS SPDR S&P Dividend ETF | 0.56% | 18,407 | $2.6M | Reduce -3.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.54% | 8,875 | $2.5M | Reduce -7.6% |
| IBMO iShares Ibonds Dec 2026 Term | 0.53% | 96,059 | $2.5M | Reduce -9.3% |
| LHX L3HARRIS Technologies Inc. | 0.50% | 7,507 | $2.3M | Reduce -9.5% |
| CSCO Cisco Systems Inc. | 0.48% | 32,238 | $2.2M | Add +1.3% |
| UNP Union Pacific Corp. | 0.47% | 9,227 | $2.2M | No change |
| CVX Chevron Corp. | 0.47% | 13,925 | $2.2M | Reduce -7.2% |
| AMGN Amgen Inc. | 0.47% | 7,647 | $2.2M | Reduce -5.1% |
| PEP Pepsico Inc. | 0.45% | 14,750 | $2.1M | Reduce -4.8% |
| ORCL Oracle Corp. | 0.43% | 7,108 | $2.0M | Reduce -0.7% |
| HD Home Depot Inc. | 0.42% | 4,796 | $1.9M | No change |
| SCHB Schwab US Broad Market ETF | 0.39% | 69,764 | $1.8M | Reduce -2.1% |
| ADP Automatic Data Processing | 0.37% | 5,835 | $1.7M | No change |
| IBMP iShares Ibonds Dec 2027 Term | 0.36% | 65,953 | $1.7M | Reduce -4.4% |
| MA Mastercard Inc. Class A | 0.35% | 2,856 | $1.6M | Reduce -8.8% |
| FISV Fiserv Inc. | 0.35% | 12,514 | $1.6M | Add +1.7% |
| V Visa Inc. Class A | 0.35% | 4,708 | $1.6M | Add +1.5% |
| JHSC John Hancock Multi Small Cap | 0.32% | 35,710 | $1.5M | Reduce -0.5% |
| XLK SS Technology Select Sector | 0.31% | 5,159 | $1.5M | Add +0.0% |
| MCD McDonald's Corp. | 0.31% | 4,777 | $1.5M | Reduce -4.9% |
| EMR Emerson Electric Co. | 0.31% | 10,785 | $1.4M | Reduce -1.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.30% | 6,664 | $1.4M | Reduce -0.8% |
| NEE Nextera Energy Inc. | 0.30% | 18,177 | $1.4M | Add +6.5% |
| VZ Verizon Communications Inc. | 0.28% | 29,477 | $1.3M | Reduce -0.2% |
| QCOM Qualcomm Inc. | 0.27% | 7,442 | $1.2M | Reduce -11.3% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.27% | 48,256 | $1.2M | No change |
| MDT Medtronic PLC | 0.27% | 12,961 | $1.2M | Reduce -7.2% |
| XOM Exxon Mobil Corp. | 0.27% | 10,892 | $1.2M | Add +1.5% |
| KLAC KLA Corp. | 0.27% | 1,138 | $1.2M | Add +0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 2,422 | $1.2M | Reduce -5.3% |
| CWI State Street SPDR MSCI Acwi | 0.24% | 32,095 | $1.1M | Reduce -4.8% |
| BX Blackstone Inc. | 0.23% | 6,106 | $1.0M | Reduce -1.5% |
| CFG Citizens Financial Group | 0.22% | 19,485 | $1.0M | Reduce -1.2% |
| AMAT Applied Materials Inc. | 0.22% | 5,022 | $1.0M | Add +2.0% |
| IEMG iShares Core MSCI Emerging | 0.22% | 15,394 | $1.0M | Reduce -5.1% |
| ROP Roper Technologies Inc. | 0.21% | 1,995 | $995K | Reduce -11.4% |
| CRM Salesforce Inc. | 0.21% | 4,170 | $988K | Reduce -0.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.21% | 2,057 | $987K | Reduce -13.1% |
| VIG Vanguard Dividend Apprec ETF | 0.21% | 4,544 | $981K | Reduce -0.5% |
| ABBV Abbvie Inc. | 0.21% | 4,220 | $977K | Add +4.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 8,405 | $962K | Add +2.9% |
| IVV iShares Core S&P 500 ETF | 0.20% | 1,383 | $926K | Reduce -1.4% |
| GS Goldman Sachs Group Inc. | 0.20% | 1,143 | $911K | Add +5.5% |
| KO The Coca-Cola Co. | 0.20% | 13,693 | $908K | Add +0.0% |
| WMT Walmart Inc. | 0.20% | 8,785 | $905K | Reduce -1.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.19% | 4,683 | $873K | Reduce -10.0% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.19% | 40,966 | $869K | Add +47.6% |
| XBI SS SPDR S&P Biotech ETF | 0.19% | 8,581 | $860K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.19% | 5,943 | $859K | Reduce -0.4% |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 4,635 | $846K | Reduce -4.2% |
| VNQ Vanguard Real Estate ETF | 0.18% | 8,929 | $816K | Reduce -6.8% |
| IBMS ISHARESIBONDDEC2030MUNIBDETF | 0.17% | 31,016 | $809K | No change |
| MDLZ Mondelez International Inc. Class A | 0.17% | 12,690 | $793K | Reduce -1.0% |
| BMY Bristol-Myers Squibb Co. | 0.17% | 17,411 | $785K | Reduce -3.3% |
| LLY Eli Lilly & Co. | 0.17% | 1,016 | $775K | Reduce -1.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $360K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 292 | $360K | Reduce -0.7% |
Total filed on the 13F, all lines: $463.1M.
Portfolio Sells Q2 2025 → Q3 2025
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -24.6% | 0.65% | −0.25 |
| MSFT Microsoft Corp. | Reduce -2.9% | 3.03% | −0.16 |
| IBM Intl Business Machines Corp. | Reduce -7.6% | 0.54% | −0.11 |
| IBMN iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -5.3% | 0.80% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -6.1% | 0.59% | −0.10 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.10 |
| IBMO iShares Ibonds Dec 2026 Term | Reduce -9.3% | 0.53% | −0.09 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.08 |
| TGT Target Corp. | Sold out | 0.00% | −0.08 |
| GSIE Goldman Sachs Activebeta Int | Reduce -2.4% | 1.53% | −0.08 |
| ROP Roper Technologies Inc. | Reduce -11.4% | 0.21% | −0.08 |
| LKQ LKQ Corp. | Sold out | 0.00% | −0.07 |
| PANW Palo Alto Networks Inc. | Reduce -1.9% | 0.61% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -8.8% | 0.35% | −0.05 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.05 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.05 |
| ADBE Adobe Inc. | Reduce -15.7% | 0.13% | −0.05 |
| AMGN Amgen Inc. | Reduce -5.1% | 0.47% | −0.05 |
| CRM Salesforce Inc. | Reduce -0.7% | 0.21% | −0.05 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.05 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.05 |
| SCHM Schwab US Mid Cap ETF | Reduce -3.5% | 0.96% | −0.04 |
| NOBL Proshares S&P 500 Dividend A | Reduce -2.7% | 0.59% | −0.04 |
| SKIN Skinhealth Systems Inc. | Sold out | 0.00% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -11.3% | 0.27% | −0.04 |
| IBMP iShares Ibonds Dec 2027 Term | Reduce -4.4% | 0.36% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -4.9% | 1.32% | −0.04 |
| SDY SS SPDR S&P Dividend ETF | Reduce -3.2% | 0.56% | −0.04 |
| KMI Kinder Morgan Inc. | Reduce -30.8% | 0.05% | −0.03 |
| EMR Emerson Electric Co. | Reduce -1.4% | 0.31% | −0.03 |
| TFC Truist Financial Corp. | Reduce -36.9% | 0.05% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.0% | 0.17% | −0.03 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.7% | 0.93% | −0.03 |
| CVX Chevron Corp. | Reduce -7.2% | 0.47% | −0.03 |
| MLCO Melco Resorts & Entert-ADR | Sold out | 0.00% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -2.7% | 0.81% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -13.1% | 0.21% | −0.03 |
| MCD McDonald's Corp. | Reduce -4.9% | 0.31% | −0.02 |
| SCHV Schwab US Large-Cap Value | Reduce -1.1% | 0.99% | −0.02 |
| PEP Pepsico Inc. | Reduce -4.8% | 0.45% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -10.0% | 0.19% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.3% | 0.17% | −0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -14.1% | 0.09% | −0.02 |
| SCHF Schwab Intl Equity ETF | Reduce -0.2% | 1.65% | −0.02 |
| VNQ Vanguard Real Estate ETF | Reduce -6.8% | 0.18% | −0.02 |
| SNDL SNDL Inc. | Sold out | 0.00% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -0.8% | 0.12% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -1.0% | 0.17% | −0.02 |
| DHR Danaher Corp. | Reduce -3.3% | 0.16% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| MUNI PIMCO Intermediate Municipal | Add +60.8% | 1.22% | +0.43 |
| JMUB JPMorgan Municipal ETF | Add +16.2% | 1.28% | +0.13 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.08% | +0.08 |
| DFAE Dimensional Emerging Core Eq | Add +1.1% | 2.39% | +0.08 |
| JEPI JPMorgan Equity Premium Inco | New | 0.06% | +0.06 |
| RTX RTX Corp. | Add +0.1% | 0.75% | +0.05 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +47.6% | 0.19% | +0.05 |
| PSX Phillips 66 | New | 0.05% | +0.05 |
| IBDX iShares Ibonds Dec 2032 TC | New | 0.05% | +0.05 |
| BNY Bank of New York Mellon Corp. | New | 0.05% | +0.05 |
| DFAI Dimensional International Co. | Add +6.5% | 0.90% | +0.04 |
| JHMM John Hancock Multi Fact Mid | Add +3.6% | 1.43% | +0.04 |
| ABBV Abbvie Inc. | Add +4.5% | 0.21% | +0.04 |
| FPE FT-Preferred Secur & Inc. ETF | Add +6.1% | 1.60% | +0.03 |
| KLAC KLA Corp. | Add +0.5% | 0.27% | +0.03 |
| IBMR iShares Ibonds Dec 2029 M BD | Add +36.1% | 0.12% | +0.03 |
| NEE Nextera Energy Inc. | Add +6.5% | 0.30% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +5.5% | 0.20% | +0.02 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +20.2% | 0.14% | +0.02 |
| AMAT Applied Materials Inc. | Add +2.0% | 0.22% | +0.01 |
| VEU Vanguard Ftse All-World Ex-U | Add +2.1% | 0.80% | +0.01 |
| XLK SS Technology Select Sector | Add +0.0% | 0.31% | +0.01 |
| BN Brookfield Corp. | Add +10.7% | 0.07% | +0.01 |
| VLO Valero Energy Corp. | Add +0.2% | 0.06% | +0.01 |
| VXUS Vanguard Total Intl Stock | Add +11.6% | 0.09% | +0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +24.5% | 0.06% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | Add +6.8% | 0.09% | +0.01 |
| XLE SS Energy Select Sector | Add +9.0% | 0.07% | +0.01 |
| IBDU iShares Ibonds Dec 2029 Term | Add +6.2% | 0.89% | +0.00 |
| COP Conocophillips | Add +3.5% | 0.07% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.11% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 0.07% | +0.00 |
| LMT Lockheed Martin Corp. | Add +0.2% | 0.05% | +0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.5% | 0.07% | +0.00 |
| MDY State Street SPDR S&P Midcap | Add +1.2% | 0.09% | 0.00 |
| XOM Exxon Mobil Corp. | Add +1.5% | 0.27% | −0.00 |
| XLRE SS Real Estate Select Sector | Add +0.8% | 0.05% | −0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Add +0.6% | 0.05% | −0.00 |
| CIBR First Trust Nasdaq Cybersecu | Add +1.2% | 0.09% | −0.00 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +0.0% | 0.09% | −0.01 |
| ET Energy Transfer LP | Add +1.9% | 0.06% | −0.01 |
| NKE Nike Inc. Class B | Add +0.0% | 0.07% | −0.01 |
| ABT Abbott Laboratories | Add +3.7% | 0.15% | −0.01 |
| TSN Tyson Foods Inc. Class A | Add +1.7% | 0.08% | −0.01 |
| CI The Cigna Group | Add +6.8% | 0.06% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.5% | 0.99% | −0.01 |
| PM Philip Morris International | Add +6.1% | 0.07% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Add +3.8% | 0.07% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 0.71% | −0.01 |
| PYPL PayPal Holdings Inc. | Add +0.4% | 0.10% | −0.02 |
Notes & Other Activity Q2 2025 → Q3 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.7% | 292 | $360K |
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 |