Shilanski & Associates, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 11, 2024), Shilanski & Associates, Inc. reported 105 stock positions worth $290.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 11.4% of the portfolio, followed by Schwab US Broad Market ETF (SCHB, 7.7%) and Schwab Fndmn Intl LRG Co. ETF (FNDF, 3.4%). Compared with Q4 2023, it opened 18 new positions, sold out of 10, added to 40 and reduced 44. The biggest buy was Nvidia (NVDA, shares +76%) and the biggest sale an exit from Unum (UNM).
- Most Recent 13F
- Q3 2025
- Location
- ANCHORAGE, AK
- CIK
- 0001722084
- Portfolio Value
- $290.3M (Q1 2024)
- SEC Filing
- 0001754960-24-000129 ↗ filed Apr 11, 2024
Holdings Value
Holdings 105 stocks · $290.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 11.42% | 63,395 | $33.2M | Add +1.6% |
| SCHB Schwab US Broad Market ETF | 7.73% | 367,491 | $22.4M | Add +2.4% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 3.43% | 279,947 | $10.0M | Add +2.7% |
| SPHD Invesco S&P 500 High Dividen | 3.29% | 214,784 | $9.5M | Add +1.1% |
| TIP iShares Tips Bond ETF | 2.98% | 80,598 | $8.7M | Add +7.0% |
| JNK SS SPDR BB High Yield Bond | 2.97% | 90,599 | $8.6M | Add +6.0% |
| SPIB SS SPDR P Int C Corp. ETF | 2.94% | 261,175 | $8.5M | Add +6.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.83% | 164,090 | $8.2M | Add +1.7% |
| SRLN SS Blackstone Sr Loan ETF | 2.63% | 181,478 | $7.6M | Add +7.4% |
| XOM Exxon Mobil Corp. | 2.32% | 57,902 | $6.7M | Reduce -10.2% |
| MSFT Microsoft Corp. | 2.20% | 15,174 | $6.4M | Reduce -0.7% |
| FTSM First Trust Enh Short Mat FD | 2.17% | 105,324 | $6.3M | Add +1.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.01% | 30,538 | $5.8M | Reduce -1.6% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 1.98% | 161,792 | $5.7M | Add +3.5% |
| VDE Vanguard Energy ETF | 1.66% | 36,614 | $4.8M | Add +2.1% |
| NVDA Nvidia Corp. | 1.64% | 5,256 | $4.7M | Add +76.2% |
| CSCO Cisco Systems Inc. | 1.60% | 93,004 | $4.6M | Add +0.3% |
| MMM 3M Co. | 1.55% | 42,513 | $4.5M | Reduce -1.0% |
| SO The Southern Co. | 1.55% | 62,679 | $4.5M | Reduce -0.1% |
| MO Altria Group Inc. | 1.55% | 102,870 | $4.5M | Add +3.9% |
| KO The Coca-Cola Co. | 1.53% | 72,130 | $4.4M | Add +4.6% |
| PG The Procter & Gamble Co. | 1.50% | 26,886 | $4.4M | Reduce -0.3% |
| PSK SS SPDR Ice Pref Sec ETF | 1.49% | 124,313 | $4.3M | Add +4.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.46% | 111,543 | $4.2M | Add +2.3% |
| ABBV Abbvie Inc. | 1.40% | 22,341 | $4.1M | Add +0.7% |
| TGT Target Corp. | 1.31% | 21,464 | $3.8M | Add +0.8% |
| RIO Rio Tinto PLC-Spon ADR | 1.28% | 58,458 | $3.7M | Add +0.6% |
| AAPL Apple Inc. | 1.23% | 20,792 | $3.6M | Add +0.1% |
| BIZD Vaneck BDC Income ETF | 1.19% | 204,572 | $3.5M | Reduce -0.1% |
| RY Royal Bank of Canada | 1.13% | 32,522 | $3.3M | Add +1.3% |
| AWK American Water Works Co. Inc. | 1.13% | 26,747 | $3.3M | Add +0.8% |
| LLY Eli Lilly & Co. | 1.01% | 3,766 | $2.9M | Reduce -4.1% |
| MCK McKesson Corp. | 0.98% | 5,275 | $2.8M | Reduce -4.3% |
| TAP Molson Coors Beverage Co. Class B | 0.94% | 40,724 | $2.7M | Add +0.3% |
| KMI Kinder Morgan Inc. | 0.92% | 145,814 | $2.7M | Add +0.2% |
| VPU Vanguard Utilities ETF | 0.92% | 18,679 | $2.7M | Reduce -1.1% |
| PFE Pfizer Inc. | 0.92% | 95,965 | $2.7M | Add +3.0% |
| LMT Lockheed Martin Corp. | 0.85% | 5,454 | $2.5M | Add +0.9% |
| PM Philip Morris International | 0.84% | 26,498 | $2.4M | Add +2.7% |
| FICO Fair Isaac Corp. | 0.78% | 1,813 | $2.3M | Reduce -4.0% |
| ESAB Esab Corp. | 0.76% | 20,067 | $2.2M | Reduce -3.4% |
| SMCI Super Micro Computer Inc. | 0.76% | 2,179 | $2.2M | Reduce -57.3% |
| AXON Axon Enterprise Inc. | 0.69% | 6,406 | $2.0M | Reduce -4.7% |
| BLDR Builders Firstsource Inc. | 0.67% | 9,277 | $1.9M | Reduce -4.3% |
| META Meta Platforms Inc. Class A | 0.66% | 3,937 | $1.9M | Reduce -2.9% |
| TEX Terex Corp. | 0.65% | 29,413 | $1.9M | Reduce -3.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.65% | 4,475 | $1.9M | Reduce -3.8% |
| DECK Deckers Outdoor Corp. | 0.64% | 1,971 | $1.9M | New |
| CDNS Cadence Design SYS Inc. | 0.59% | 5,503 | $1.7M | Reduce -6.0% |
| STLD Steel Dynamics Inc. | 0.59% | 11,496 | $1.7M | Reduce -3.1% |
| AFL Aflac Inc. | 0.57% | 19,225 | $1.7M | Reduce -3.0% |
| EVR Evercore Inc. Class A | 0.56% | 8,440 | $1.6M | New |
| PANW Palo Alto Networks Inc. | 0.55% | 5,614 | $1.6M | New |
| CW Curtiss-Wright Corp. | 0.52% | 5,949 | $1.5M | Add +0.6% |
| CE Celanese Corp. | 0.51% | 8,582 | $1.5M | New |
| CEG Constellation Energy | 0.50% | 7,891 | $1.5M | Reduce -2.8% |
| PFGC Performance Food Group Co. | 0.50% | 19,412 | $1.4M | Reduce -2.5% |
| NWS News Corp. Class B | 0.45% | 48,727 | $1.3M | New |
| MCO Moody's Corp. | 0.44% | 3,271 | $1.3M | New |
| QLYS Qualys Inc. | 0.44% | 7,686 | $1.3M | Add +549.7% |
| BRBR Bellring Brands Inc. | 0.43% | 21,262 | $1.3M | New |
| AMZN Amazon.com Inc. | 0.27% | 4,364 | $787K | Add +1.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.24% | 5,417 | $698K | Add +6.3% |
| CVX Chevron Corp. | 0.22% | 4,134 | $652K | Reduce -3.3% |
| VZ Verizon Communications Inc. | 0.15% | 10,629 | $446K | Reduce -14.5% |
| JNJ Johnson & Johnson | 0.15% | 2,700 | $427K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.14% | 887 | $394K | Add +0.1% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.13% | 19,162 | $379K | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 0.12% | 2,398 | $362K | Add +1.7% |
| UBS UBS Group AG-Reg | 0.12% | 11,349 | $349K | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 0.12% | 693 | $343K | Add +1.5% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.12% | 33,457 | $342K | New |
| NUE Nucor Corp. | 0.12% | 1,713 | $339K | Reduce -22.6% |
| BAK Braskem SA Class A- ADR | 0.12% | 1,673 | $335K | No change |
| CX Cemex Sab-Spons ADR Part Cer | 0.12% | 37,073 | $334K | Reduce -5.5% |
| JPM JPMorgan Chase & Co. | 0.11% | 1,619 | $324K | Reduce -53.4% |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.11% | 27,379 | $324K | Reduce -3.1% |
| IWO iShares Russell 2000 Growth | 0.11% | 1,175 | $318K | No change |
| EMBJ Embraer SA-Spon ADR | 0.11% | 11,626 | $310K | Reduce -3.3% |
| RELX Relx PLC - Spon ADR | 0.10% | 6,527 | $283K | Reduce -4.0% |
| DOW Dow Inc. | 0.10% | 4,833 | $280K | Reduce -18.1% |
| GOOG Alphabet Inc. Class C | 0.09% | 1,761 | $268K | Add +5.5% |
| AMGN Amgen Inc. | 0.09% | 904 | $257K | Reduce -16.3% |
| WBA Walgreens Boots Alliance Inc. | 0.09% | 11,821 | $256K | Add +5.3% |
| ASX Ase Technology Holding -ADR | 0.09% | 23,236 | $255K | Reduce -3.4% |
| SAP Sap SE-Sponsored ADR | 0.09% | 1,292 | $252K | Reduce -1.5% |
| FMX Fomento Economico Mex-SP ADR | 0.09% | 1,908 | $249K | Reduce -0.6% |
| ALK Alaska Air Group Inc. | 0.08% | 5,703 | $245K | Reduce -1.1% |
| GGAL Grupo Financiero Galicia-ADR | 0.08% | 9,526 | $242K | New |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.08% | 2,453 | $238K | Reduce -1.0% |
| TGS Transportador Gas-ADR SP B | 0.08% | 5,321 | $230K | Add +0.1% |
| HMY Harmony Gold MNG-Spon ADR | 0.08% | 27,573 | $225K | New |
| FITB Fifth Third Bancorp | 0.08% | 6,000 | $223K | Add +0.1% |
| PDP Invesco Dorsey Wright Moment | 0.08% | 2,221 | $219K | New |
| PKX Posco Holdings Inc. -Spon ADR | 0.07% | 2,720 | $213K | Reduce -10.7% |
| ING ING Groep N.V.-Sponsored ADR | 0.07% | 12,853 | $212K | Reduce -1.4% |
| LOGI Logitech International-Reg | 0.07% | 2,355 | $210K | Reduce -1.5% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.07% | 17,502 | $206K | New |
| IWM iShares Russell 2000 ETF | 0.07% | 974 | $205K | New |
| NXPI NXP Semiconductors NV | 0.07% | 817 | $202K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 1,653 | $202K | New |
| VIPS Vipshop Holdings Ltd. - ADR | 0.07% | 11,642 | $196K | Reduce -1.1% |
| PBR Petroleo Brasileiro-Spon ADR | 0.07% | 12,850 | $195K | New |
| VIV Telefonica Brasil-ADR | 0.06% | 16,567 | $167K | New |
| FNB FNB Corp. | 0.05% | 10,320 | $146K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| UNM Unum Group | Sold out | 0.00% | −0.78 |
| KNSL Kinsale Capital Group Inc. | Sold out | 0.00% | −0.73 |
| CNX CNX Resources Corp. | Sold out | 0.00% | −0.50 |
| KBR KBR Inc. | Sold out | 0.00% | −0.46 |
| BDC Belden Inc. | Sold out | 0.00% | −0.39 |
| LSCC Lattice Semiconductor Corp. | Sold out | 0.00% | −0.35 |
| COTY Coty Inc. Class A | Sold out | 0.00% | −0.34 |
| MMM 3M Co. | Reduce -1.0% | 1.55% | −0.23 |
| INTC Intel Corp. | Sold out | 0.00% | −0.18 |
| XOM Exxon Mobil Corp. | Reduce -10.2% | 2.32% | −0.14 |
| SO The Southern Co. | Reduce -0.1% | 1.55% | −0.13 |
| JPM JPMorgan Chase & Co. | Reduce -53.4% | 0.11% | −0.11 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.10 |
| BA The Boeing Co. | Sold out | 0.00% | −0.10 |
| VPU Vanguard Utilities ETF | Reduce -1.1% | 0.92% | −0.07 |
| BIZD Vaneck BDC Income ETF | Reduce -0.1% | 1.19% | −0.06 |
| FICO Fair Isaac Corp. | Reduce -4.0% | 0.78% | −0.06 |
| AFL Aflac Inc. | Reduce -3.0% | 0.57% | −0.05 |
| PKX Posco Holdings Inc. -Spon ADR | Reduce -10.7% | 0.07% | −0.04 |
| AMGN Amgen Inc. | Reduce -16.3% | 0.09% | −0.03 |
| NUE Nucor Corp. | Reduce -22.6% | 0.12% | −0.03 |
| DOW Dow Inc. | Reduce -18.1% | 0.10% | −0.03 |
| PFGC Performance Food Group Co. | Reduce -2.5% | 0.50% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -14.5% | 0.15% | −0.02 |
| CVX Chevron Corp. | Reduce -3.3% | 0.22% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -6.0% | 0.59% | −0.02 |
| TEX Terex Corp. | Reduce -3.7% | 0.65% | −0.02 |
| UBS UBS Group AG-Reg | Reduce -1.2% | 0.12% | −0.01 |
| LOGI Logitech International-Reg | Reduce -1.5% | 0.07% | −0.01 |
| VIPS Vipshop Holdings Ltd. - ADR | Reduce -1.1% | 0.07% | −0.01 |
| FMX Fomento Economico Mex-SP ADR | Reduce -0.6% | 0.09% | −0.01 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -1.0% | 0.08% | −0.01 |
| RELX Relx PLC - Spon ADR | Reduce -4.0% | 0.10% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.3% | 1.50% | −0.00 |
| ING ING Groep N.V.-Sponsored ADR | Reduce -1.4% | 0.07% | −0.00 |
| ALK Alaska Air Group Inc. | Reduce -1.1% | 0.08% | −0.00 |
| CX Cemex Sab-Spons ADR Part Cer | Reduce -5.5% | 0.12% | −0.00 |
| ASX Ase Technology Holding -ADR | Reduce -3.4% | 0.09% | +0.00 |
| MCK McKesson Corp. | Reduce -4.3% | 0.98% | +0.00 |
| YPF YPF S.A.-Sponsored ADR | Reduce -1.2% | 0.13% | +0.00 |
| SAP Sap SE-Sponsored ADR | Reduce -1.5% | 0.09% | +0.01 |
| MSFT Microsoft Corp. | Reduce -0.7% | 2.20% | +0.01 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Reduce -3.1% | 0.11% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.8% | 0.65% | +0.02 |
| EMBJ Embraer SA-Spon ADR | Reduce -3.3% | 0.11% | +0.02 |
| AXON Axon Enterprise Inc. | Reduce -4.7% | 0.69% | +0.03 |
| BLDR Builders Firstsource Inc. | Reduce -4.3% | 0.67% | +0.05 |
| STLD Steel Dynamics Inc. | Reduce -3.1% | 0.59% | +0.05 |
| IBM Intl Business Machines Corp. | Reduce -1.6% | 2.01% | +0.08 |
| ESAB Esab Corp. | Reduce -3.4% | 0.76% | +0.08 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +76.2% | 1.64% | +1.07 |
| DECK Deckers Outdoor Corp. | New | 0.64% | +0.64 |
| EVR Evercore Inc. Class A | New | 0.56% | +0.56 |
| PANW Palo Alto Networks Inc. | New | 0.55% | +0.55 |
| CE Celanese Corp. | New | 0.51% | +0.51 |
| NWS News Corp. Class B | New | 0.45% | +0.45 |
| MCO Moody's Corp. | New | 0.44% | +0.44 |
| BRBR Bellring Brands Inc. | New | 0.43% | +0.43 |
| QLYS Qualys Inc. | Add +549.7% | 0.44% | +0.35 |
| TGT Target Corp. | Add +0.8% | 1.31% | +0.16 |
| JNJ Johnson & Johnson | New | 0.15% | +0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.6% | 11.42% | +0.13 |
| SCHB Schwab US Broad Market ETF | Add +2.4% | 7.73% | +0.12 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | New | 0.12% | +0.12 |
| ABBV Abbvie Inc. | Add +0.7% | 1.40% | +0.09 |
| GGAL Grupo Financiero Galicia-ADR | New | 0.08% | +0.08 |
| HMY Harmony Gold MNG-Spon ADR | New | 0.08% | +0.08 |
| PDP Invesco Dorsey Wright Moment | New | 0.08% | +0.08 |
| SMFG Sumitomo Mitsui-Spons ADR | New | 0.07% | +0.07 |
| IWM iShares Russell 2000 ETF | New | 0.07% | +0.07 |
| DIS The Walt Disney Co. | New | 0.07% | +0.07 |
| NXPI NXP Semiconductors NV | New | 0.07% | +0.07 |
| PBR Petroleo Brasileiro-Spon ADR | New | 0.07% | +0.07 |
| VDE Vanguard Energy ETF | Add +2.1% | 1.66% | +0.06 |
| BAC Bank of America Corp. | Add +2.3% | 1.46% | +0.06 |
| VIV Telefonica Brasil-ADR | New | 0.06% | +0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +6.3% | 0.24% | +0.04 |
| MO Altria Group Inc. | Add +3.9% | 1.55% | +0.02 |
| AMZN Amazon.com Inc. | Add +1.9% | 0.27% | +0.02 |
| CW Curtiss-Wright Corp. | Add +0.6% | 0.52% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +5.5% | 0.09% | +0.00 |
| GOOGL Alphabet Inc. Class A | Add +1.7% | 0.12% | −0.00 |
| FITB Fifth Third Bancorp | Add +0.1% | 0.08% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.1% | 0.14% | −0.00 |
| TAP Molson Coors Beverage Co. Class B | Add +0.3% | 0.94% | −0.00 |
| UNH Unitedhealth Group Inc. | Add +1.5% | 0.12% | −0.02 |
| PSK SS SPDR Ice Pref Sec ETF | Add +4.9% | 1.49% | −0.02 |
| KO The Coca-Cola Co. | Add +4.6% | 1.53% | −0.02 |
| TGS Transportador Gas-ADR SP B | Add +0.1% | 0.08% | −0.02 |
| WBA Walgreens Boots Alliance Inc. | Add +5.3% | 0.09% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +1.7% | 2.83% | −0.03 |
| KMI Kinder Morgan Inc. | Add +0.2% | 0.92% | −0.06 |
| SRLN SS Blackstone Sr Loan ETF | Add +7.4% | 2.63% | −0.07 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +2.7% | 3.43% | −0.07 |
| LMT Lockheed Martin Corp. | Add +0.9% | 0.85% | −0.08 |
| PM Philip Morris International | Add +2.7% | 0.84% | −0.09 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Add +3.5% | 1.98% | −0.10 |
| TIP iShares Tips Bond ETF | Add +7.0% | 2.98% | −0.10 |
| PFE Pfizer Inc. | Add +3.0% | 0.92% | −0.10 |
| RY Royal Bank of Canada | Add +1.3% | 1.13% | −0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 109 | $376.3M | SPY, SCHB, FNDF, SPYG, SPHD |
| Q2 2025 | 108 | $350.0M | SPY, SCHB, FNDF, SPHD, SPYG |
| Q1 2025 | 104 | $320.5M | SPY, SCHB, FNDF, SPHD, TIP |
| Q4 2024 | 101 | $311.7M | SPY, SCHB, FNDF, SPHD, SPYG |
| Q3 2024 | 102 | $307.7M | SPY, SCHB, SPHD, FNDF, TIP |
| Q2 2024 | 108 | $297.2M | SPY, SCHB, FNDF, SPHD, TIP |
| Q1 2024 | 105 | $290.3M | SPY, SCHB, FNDF, SPHD, TIP |