Shotwell Rutter Baer Inc
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 10, 2024), Shotwell Rutter Baer Inc reported 18 stock positions worth $49.3 million. Its top holding was Avantis US Large Cap Value (AVLV) at 25.3% of the portfolio, followed by Avantis US Small Cap Value (AVUV, 17.0%) and Avantis Emerging Markets Eq (AVEM, 14.8%). Compared with Q4 2023, it opened 1 new position, sold out of 17, added to 7 and reduced 10. The biggest buy was Avantis Emerging Markets Eq (AVEM, shares +1%) and the biggest sale an exit from VG Morningstar TS MKT ETF-US (VTI).
- Most Recent 13F
- Q2 2026
- Location
- LANSING, MI
- CIK
- 0002008310
- Portfolio Value
- $49.3M (Q1 2024)
- SEC Filing
- 0001754960-24-000118 ↗ filed Apr 10, 2024
Holdings Value
Holdings 18 stocks · $49.3M
| AVLV Avantis US Large Cap Value | 25.27% | 195,353 | $12.5M | Reduce -0.9% |
| AVUV Avantis US Small Cap Value | 16.99% | 90,908 | $8.4M | Reduce -0.8% |
| AVEM Avantis Emerging Markets Eq | 14.82% | 123,023 | $7.3M | Add +1.2% |
| DISV Dimensional International SM | 12.27% | 220,279 | $6.1M | Add +0.8% |
| DFIV Dimensional International Va | 9.75% | 129,151 | $4.8M | Add +0.5% |
| DFGR Dim Global Real Estate ETF | 7.84% | 152,466 | $3.9M | Add +0.8% |
| DFAC Dimensional US Core Equity 2 | 2.68% | 41,779 | $1.3M | Reduce -0.0% |
| ESGU iShares ESG Aware MSCI USA | 1.72% | 7,414 | $847K | Reduce -7.0% |
| MUB iShares National Muni Bond E | 1.39% | 6,421 | $686K | Reduce -4.6% |
| ESGD iShares Trust iShares ESG Aw | 1.15% | 7,122 | $566K | Reduce -3.7% |
| WTM White Mountains Insurance GP | 1.06% | 300 | $522K | Reduce -31.5% |
| SUSB iShares ESG Aware 1-5 Year U | 0.85% | 17,285 | $421K | Add +1.5% |
| DFAX Dimensional World Ex US Core | 0.80% | 15,385 | $395K | Reduce -1.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.77% | 1,999 | $378K | Add +0.1% |
| ESGE iShares Inc. iShares ESG Awar | 0.75% | 11,245 | $370K | Add +0.9% |
| EFV iShares MSCI Eafe Value ETF | 0.75% | 6,737 | $368K | Reduce -2.5% |
| ITW Illinois Tool Works | 0.59% | 1,104 | $290K | New |
| IVV iShares Core S&P 500 ETF | 0.58% | 545 | $284K | Reduce -2.5% |
Portfolio Sells Q4 2023 → Q1 2024
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −16.06 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −7.08 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −6.77 |
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −6.49 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −6.38 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −3.59 |
| MUNI PIMCO Intermediate Municipal | Sold out | 0.00% | −2.55 |
| SUB iShares Short-Term National | Sold out | 0.00% | −1.74 |
| HYMB SS SPDR N Ice HY Muni ETF | Sold out | 0.00% | −1.13 |
| DMXF iShares ESG Advanc MSCI Eafe | Sold out | 0.00% | −1.02 |
| USXF iShares ESG Advance MSCI USA | Sold out | 0.00% | −0.79 |
| NULV Nuveen ESG Large-Cap Val ETF | Sold out | 0.00% | −0.77 |
| BGRN iShares Usd Green Bond ETF | Sold out | 0.00% | −0.60 |
| NUSC Nuveen ESG Small-Cap ETF | Sold out | 0.00% | −0.41 |
| VCEB Vanguard ESG US Corp. Bond | Sold out | 0.00% | −0.39 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −0.26 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.21 |
| IVV iShares Core S&P 500 ETF | Reduce -2.5% | 0.58% | +0.32 |
| EFV iShares MSCI Eafe Value ETF | Reduce -2.5% | 0.75% | +0.40 |
| WTM White Mountains Insurance GP | Reduce -31.5% | 1.06% | +0.42 |
| DFAX Dimensional World Ex US Core | Reduce -1.2% | 0.80% | +0.44 |
| ESGD iShares Trust iShares ESG Aw | Reduce -3.7% | 1.15% | +0.62 |
| MUB iShares National Muni Bond E | Reduce -4.6% | 1.39% | +0.69 |
| ESGU iShares ESG Aware MSCI USA | Reduce -7.0% | 1.72% | +0.92 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.0% | 2.68% | +1.52 |
| AVUV Avantis US Small Cap Value | Reduce -0.8% | 16.99% | +9.42 |
| AVLV Avantis US Large Cap Value | Reduce -0.9% | 25.27% | +14.51 |
Portfolio Buys Q4 2023 → Q1 2024
| AVEM Avantis Emerging Markets Eq | Add +1.2% | 14.82% | +8.43 |
| DISV Dimensional International SM | Add +0.8% | 12.27% | +6.95 |
| DFIV Dimensional International Va | Add +0.5% | 9.75% | +5.56 |
| DFGR Dim Global Real Estate ETF | Add +0.8% | 7.84% | +4.13 |
| ITW Illinois Tool Works | New | 0.59% | +0.59 |
| SUSB iShares ESG Aware 1-5 Year U | Add +1.5% | 0.85% | +0.46 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.77% | +0.45 |
| ESGE iShares Inc. iShares ESG Awar | Add +0.9% | 0.75% | +0.42 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $182.1M | VTI, AVLV, DFGX, VCIT, AVUV |
| Q1 2026 | 38 | $170.2M | VTI, AVLV, DFGX, VCIT, AVUV |
| Q4 2025 | 39 | $166.5M | VTI, AVLV, DFGX, VCIT, AVUV |
| Q3 2025 | 37 | $155.0M | VTI, AVLV, DFGX, VCIT, VEA |
| Q2 2025 | 37 | $147.2M | VTI, AVLV, DFGX, VCIT, VEA |
| Q1 2025 | 33 | $113.4M | VTI, AVLV, VCIT, VGIT, VEA |
| Q4 2024 | 34 | $118.7M | VTI, AVLV, VCIT, AVUV, VEA |
| Q3 2024 | 34 | $121.6M | VTI, AVLV, VCIT, AVUV, VEA |
| Q2 2024 | 33 | $112.8M | VTI, AVLV, VCIT, AVUV, VEA |
| Q1 2024 | 18 | $49.3M | AVLV, AVUV, AVEM, DISV, DFIV |