Institutional Manager · CIK 0000914933

CONNABLE OFFICE INC

KALAMAZOO, MI · File #028-03974

Latest AUM

$1.09B

Positions

232

Top-10 Concentration

71.9%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	FlexShares Mstar Glbl Upstream Nat Res ETF	FLEX	+311,192	+$14.3M	+$1.9M
REDUCE	iShares Core US Aggregate Bond	464287226	-128,984	-$12.9M	-$145,253
EXITED	iShares Russell 2000 Value Index	464287630	-21,413	-$3.8M	$0
REDUCE	Vanguard FTSE Developed Markets ETF	921943858	-47,869	-$3.0M	+$3.4M
EXITED	ServiceNow Inc	81762P102	-2,886	-$2.7M	$0
REDUCE	iShares MSCI Emerging Markets ETF	464287234	-43,934	-$2.4M	+$1.5M
ADD	WisdomTree US Quality Dividend Growth Fund	WT	+26,752	+$2.4M	+$205,064
ADD	salesforce.com Inc	CRM	+8,243	+$2.2M	+$261,489
REDUCE	VGShortTermInflationProtectedSecETF	922020805	-32,875	-$1.6M	-$305,035
REDUCE	iShares Core MSCI Emerging Markets ETF	46434G103	-20,789	-$1.4M	+$1.1M

Sector Allocation

12.8%$139.2M

5.9%$64.1M

5.0%$54.4M

2.5%$27.4M

Consumer Discretionary

2.3%$24.7M

Materials

0.8%$8.9M

Energy

0.8%$8.4M

Consumer Staples

0.6%$7.0M

Communication Services

0.6%$6.6M

Real Estate

0.2%$1.8M

Utilities

0.0%$471,611

Filing History

Feb 3, 202613F HOLDINGS REPORTQ/E Dec 2025232 pos · $1.09B
Nov 6, 202513F HOLDINGS REPORTQ/E Sep 2025220 pos · $1.08B
Aug 5, 202513F HOLDINGS REPORTQ/E Jun 2025224 pos · $1.01B
May 9, 202513F HOLDINGS REPORTQ/E Mar 2025217 pos · $939.4M
Feb 5, 202513F HOLDINGS REPORTQ/E Dec 2024227 pos · $966.5M
Nov 6, 202413F HOLDINGS REPORTQ/E Sep 2024219 pos · $993.6M
Aug 7, 202413F HOLDINGS REPORTQ/E Jun 2024215 pos · $929.4M
Apr 30, 202413F HOLDINGS REPORTQ/E Mar 2024217 pos · $882.7M
Nov 8, 202313F HOLDINGS REPORTQ/E Dec 2023188 pos · $728.0M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR S&P 500 ETF Trust	SPY	402,250	$274.3M	28.97%
2	Vanguard FTSE Developed Markets ETF	921943858	1,303,791	$81.4M	8.60%
3	iShares MSCI Emerging Markets ETF	464287234	1,089,802	$59.6M	6.30%
4	iShares Core MSCI Emerging Markets ETF	46434G103	858,576	$57.7M	6.09%
5	FlexShares Mstar Glbl Upstream Nat Res ETF	FLEX	1,248,153	$57.2M	6.04%
6	WisdomTree US Quality Dividend Growth Fund	WT	463,058	$41.4M	4.37%
7	Stryker Corporation	SYK	99,731	$35.1M	3.70%
8	iShares US Real Estate ETF	464287739	299,557	$28.1M	2.97%
9	iShares Core US Aggregate Bond	464287226	263,590	$26.3M	2.78%
10	Berkshire Hathaway Inc Cl A	BRK-A	26	$19.6M	2.07%
11	NVIDIA Corp	NVDA	92,023	$17.2M	1.81%
12	Microsoft Corp	MSFT	34,903	$16.9M	1.78%
13	Vanguard Russell 1000 Growth ETF	92206C680	128,915	$15.7M	1.66%
14	Apple Inc	AAPL	55,932	$15.2M	1.61%
15	iShares MSCI Eurozone ETF	464286608	201,939	$12.9M	1.37%
16	iShares MSCI USA Quality Factor ETF	46432F339	64,103	$12.7M	1.34%
17	VGShortTermInflationProtectedSecETF	922020805	227,839	$11.3M	1.19%
18	iShares MBS ETF	464288588	97,215	$9.3M	0.98%
19	Vanguard S&P 500 ETF	922908363	13,160	$8.3M	0.87%
20	Broadcom Inc	AVGO	22,226	$7.7M	0.81%