Institutional Manager · CIK 0001616004
S. R. Schill & Associates
MERCER ISLAND, WA · File #028-16358
Latest AUM
$141.6M
Positions
25
Top-10 Concentration
89.0%
Filings
9
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 | STATE STREET UTILITIES SELECT SECTOR SPDR ETF | 81369Y886 | +46,990 | +$2.0M | -$2.1M |
| REDUCE | ISHARES CORE MSCI EAFE ETF | 46432F842 | -7,817 | -$699,308 | +$556,627 |
| REDUCE | VANGUARD RUSSELL 2000 ETF | 92206C664 | -2,974 | -$295,973 | +$392,727 |
| REDUCE | STATE STREET SPDR PORTFOLIO S&P 500 ETF | 78464A854 | -3,555 | -$285,182 | +$414,500 |
| EXITED | COSTCO WHSL CORP NEW COM | 22160K105 | -246 | -$227,806 | $0 |
| NEW | AMAZON COM INC COM | AMZN | +906 | +$209,123 | $0 |
| REDUCE | ISHARES CORE U.S. REIT ETF | 464288521 | -2,357 | -$134,255 | -$616,544 |
| REDUCE | FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND | FLEX | -1,562 | -$71,617 | +$237,645 |
| REDUCE | APPLE INC COM | AAPL | -240 | -$65,246 | +$17,901 |
| REDUCE | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | 921946794 | -608 | -$54,720 | +$345,944 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202525 pos · $141.6M
- 13F HOLDINGS REPORTQ/E Sep 202525 pos · $142.4M
- 13F HOLDINGS REPORTQ/E Jun 202526 pos · $135.7M
- 13F HOLDINGS REPORTQ/E Mar 202529 pos · $125.4M
- 13F HOLDINGS REPORTQ/E Dec 202424 pos · $119.6M
- 13F HOLDINGS REPORTQ/E Sep 202439 pos · $141.2M
- 13F HOLDINGS REPORTQ/E Jun 202480 pos · $228.3M
- 13F HOLDINGS REPORTQ/E Mar 202484 pos · $229.9M
- 13F HOLDINGS REPORTQ/E Dec 202380 pos · $206.0M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD RUSSELL 2000 ETF | 92206C664 | 228,041 | $22.7M | 16.02% |
| 2 | ISHARES CORE MSCI EAFE ETF | 46432F842 | 251,100 | $22.5M | 15.86% |
| 3 | ISHARES CORE U.S. REIT ETF | 464288521 | 347,953 | $19.8M | 13.99% |
| 4 | STATE STREET SPDR PORTFOLIO S&P 500 ETF | 78464A854 | 216,924 | $17.4M | 12.29% |
| 5 | STATE STREET SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETF | 78464A672 | 503,002 | $14.5M | 10.24% |
| 6 | STATE STREET SPDR PORTFOLIO SHORT TERM TREASURY ETF | 78468R101 | 293,553 | $8.6M | 6.07% |
| 7 | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | 921946794 | 64,419 | $5.8M | 4.09% |
| 8 | VANGUARD LONG-TERM TREASURY ETF | 92206C847 | 99,007 | $5.5M | 3.90% |
| 9 | FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND | FLEX | 113,254 | $5.2M | 3.67% |
| 10 | STATE STREET UTILITIES SELECT SECTOR SPDR ETF | 81369Y886 | 95,001 | $4.1M | 2.86% |
| 11 | STATE STREET BLACKSTONE SENIOR LOAN ETF | 78467V608 | 86,616 | $3.6M | 2.52% |
| 12 | MICROSOFT CORP COM | MSFT | 6,660 | $3.2M | 2.27% |
| 13 | ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF | 46434V407 | 50,029 | $2.1M | 1.51% |
| 14 | SPDR GOLD MINISHARES TRUST OF BENEFICIAL INTEREST | GLDW | 17,600 | $1.5M | 1.06% |
| 15 | VANGUARD LONG-TERM CORPORATE BOND ETF | 92206C813 | 17,487 | $1.3M | 0.94% |
| 16 | DIMENSIONAL U.S. CORE EQUITY 2 ETF | 25434V708 | 23,947 | $948,054 | 0.67% |
| 17 | BOEING CO COM | BA-PA | 2,461 | $534,260 | 0.38% |
| 18 | SHERWIN WILLIAMS CO COM | SHW | 1,350 | $437,441 | 0.31% |
| 19 | AMERICAN HEALTHCARE REIT INC COM SHS | AHR | 8,339 | $392,433 | 0.28% |
| 20 | ALPHABET INC CAP STK CL C | GOOG | 1,153 | $361,811 | 0.26% |