Q3 2026 13F · SEC CIK 1563690

Boltwood Capital Management

Wealth managerFiled 2026-10-02 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $443.3M
Reported positions: 195
Top holdings a year, 3 yrs: +10.3%
Assets under management: $502.5M

Boltwood Capital Management is a wealth manager that reported 195 positions worth $443.3M in its Q3 2026 13F, filed 2026-10-02. Its largest holdings were Schwab Strategic Tr (SCHF, 7.0%), Flexshares Tr (TDTT, 4.7%), Spdr Index Shs Fds (SPDW, 3.1%). A portfolio copying its top holdings returned 10.3% a year over the last 3 years, against 20.4% for the S&P 500.

Boltwood Capital Management holdings largest 50 of 195 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Boltwood Capital Management 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
SCHFSchwab Strategic Tr	7.0%	7.2%	1,124,411	-0.8%	$30.9M
TDTTFlexshares Tr	4.7%	5.5%	894,308	-10.2%	$20.8M
SPDWSpdr Index Shs Fds	3.1%	3.2%	270,470	-1.1%	$13.6M
AAPLApple Inc	3.0%	2.6%	39,749	+2.3%	$13.2M
MBBIshares Tr	3.0%	3.0%	147,239	+5.7%	$13.2M
NVDANvidia Corporation	2.9%	2.6%	56,742	+1.9%	$13.0M
IEIIshares Tr	2.6%	2.7%	101,696	+1.8%	$11.5M
XLKSelect Sector Spdr Tr	2.5%	2.4%	55,992	+0.3%	$11.0M
MSFTMicrosoft Corp	2.4%	1.7%	20,630	+2.0%	$10.6M
SCHESchwab Strategic Tr	2.2%	2.2%	269,370	+2.0%	$9.8M
GOOGLAlphabet Inc	2.2%	2.2%	27,739	+2.1%	$9.5M
STIPIshares Tr	2.1%	0.8%	94,575	+185.4%	$9.4M
IJHIshares Tr	1.9%	2.1%	117,430	-0.4%	$8.4M
GUNRNorthern Trust Global Natural	1.7%	1.6%	144,940	+3.1%	$7.6M
IJRIshares Tr	1.7%	1.9%	55,771	-1.5%	$7.6M
SHYIshares Tr	1.6%	1.6%	88,031	+5.5%	$7.1M
HYGIshares Tr	1.4%	1.5%	81,600	-2.4%	$6.3M
HYGVFlexshares Tr Hig Yld Vl ETF	1.4%	1.7%	158,159	-12.5%	$6.1M
CATCaterpillar Inc	1.3%	1.8%	7,190	-2.3%	$5.8M
SPEMSpdr Index Shs Fds	1.3%	1.3%	112,573	+0.1%	$5.8M
JPMJpmorgan Chase & Co	1.3%	1.3%	17,071	+0.7%	$5.6M
NFRAFlexshares Tr	1.2%	1.2%	88,794	+5.2%	$5.5M
SPMBSpdr Ser Tr	1.2%	1.1%	248,177	+10.9%	$5.2M
GQREFlexshares Tr	1.2%	1.2%	85,892	+1.2%	$5.1M
AMDAdvanced Micro Devices Inc	1.1%	1.2%	8,205	-5.3%	$5.0M
AMZNAmazon Com Inc	1.1%	1.0%	19,899	+3.9%	$5.0M
GNRSpdr Index Shs Fds	1.1%	1.0%	66,455	-1.1%	$4.9M
CVXChevron Corporation	1.1%	0.9%	22,842	-0.1%	$4.7M
MBSDFlexshares Tr	1.0%	1.2%	226,215	-12.4%	$4.5M
IGSBIshares Tr	1.0%	1.0%	82,882	+1.9%	$4.2M
XOMExxon Mobil Corp	0.9%	0.8%	25,730	+0.4%	$4.2M
KLACKla Corp	0.9%	1.4%	20,203	+0.5%	$3.9M
SCHASchwab Strategic Tr	0.9%	1.0%	117,680	-0.1%	$3.8M
METAMeta Platforms Inc	0.8%	0.7%	5,190	+1.6%	$3.8M
SKORNorthern Trust Credit-Scored US Corporat	0.8%	0.8%	78,483	+3.3%	$3.7M
XLVSelect Sector Spdr Tr	0.8%	0.7%	20,147	-0.2%	$3.4M
SCHMSchwab Strategic Tr	0.7%	0.8%	97,571	+0.8%	$3.3M
EFAIshares Tr	0.7%	0.8%	31,752	-0.2%	$3.3M
SCHBSchwab Strategic Tr	0.7%	0.7%	101,082	-1.5%	$3.0M
XLYSelect Sector Spdr Tr	0.6%	0.7%	26,008	+0.7%	$2.8M
IEFIshares Tr	0.6%	0.7%	31,290	+3.0%	$2.8M
XLESelect Sector Spdr Tr	0.6%	0.5%	42,968	-0.0%	$2.6M
XLFSelect Sector Spdr Tr	0.6%	0.6%	45,956	+0.9%	$2.5M
XLCSelect Sector Spdr Tr	0.5%	0.5%	21,617	+1.9%	$2.4M
XLISelect Sector Spdr Tr	0.5%	0.6%	14,033	+1.6%	$2.3M
VEUVanguard Intl Equity Index F	0.5%	0.5%	27,344	-1.0%	$2.3M
KOCoca Cola Co	0.5%	—	25,756	—	$2.2M
CRMSalesforce Inc	0.5%	—	9,499	—	$2.2M
LLYEli Lilly & Co	0.5%	0.5%	1,860	-1.0%	$2.2M
LOWLowes Cos Inc	0.5%	0.6%	11,664	-2.3%	$2.1M

What Boltwood Capital Management bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.0% /yr; S&P 500 +20.1%
3 years: +10.3% /yr; S&P 500 +20.4%
5 years: +4.0% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$443.3M	195
Q2 2026	$436.4M	192
Q1 2026	$392.1M	184
Q4 2025	$384.6M	182
Q3 2025	$375.7M	178
Q2 2025	$351.8M	172
Q1 2025	$328.9M	170
Q4 2024	$328.2M	170
Q3 2024	$337.4M	174
Q2 2024	$320.1M	166
Q1 2024	$322.8M	169
Q4 2023	$301.9M	165

Questions about Boltwood Capital Management's portfolio

What stocks does Boltwood Capital Management own?

Boltwood Capital Management's latest 13F, for Q3 2026 and filed Oct 2, 2026, lists 195 positions worth $443.3M. The largest are Schwab Strategic Tr (SCHF) at 7.0%, Flexshares Tr (TDTT) at 4.7%, Spdr Index Shs Fds (SPDW) at 3.1%, Apple Inc (AAPL) at 3.0% and Ishares Tr (MBB) at 3.0%.

What did Boltwood Capital Management buy last quarter?

In Q3 2026, Boltwood Capital Management added Ishares Tr (STIP) (+185.4% shares), Spdr Ser Tr (SPMB) (+10.9% shares) and Ishares Tr (MBB) (+5.7% shares), compared with its Q2 2026 filing.

What did Boltwood Capital Management sell last quarter?

In Q3 2026, Boltwood Capital Management cut from its top 50 American Express Co (AXP), cut from its top 50 Spdr Series Trust (SPTL), Flexshares Tr Hig Yld Vl ETF (HYGV) (-12.5% shares), Flexshares Tr (MBSD) (-12.4% shares) and Flexshares Tr (TDTT) (-10.2% shares), compared with its Q2 2026 filing.

How has Boltwood Capital Management's portfolio performed?

A portfolio copying Boltwood Capital Management's 20 largest 13F holdings each quarter, from the day each filing was public, returned +10.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +13.0% against +20.1%. Over 5 years: +4.0% a year against +11.6%.

When is Boltwood Capital Management's next 13F filing due?

13F filings are due 45 days after each quarter ends. Boltwood Capital Management's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Boltwood Capital Management manage?

Boltwood Capital Management reported $502.5M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $443.3M.