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Boltwood Capital Management — 13F Holdings & Portfolio

CIK 1563690 · latest 13F-HR filed 2026-10-02

Backtest portfolio

Boltwood Capital Management manages $443.3M in 13F-reported U.S. long-equity assets across 195 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SCHF (6.97%), TDTT (4.69%), SPDW (3.06%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 8 new positions and exited 5; 67 existing positions rose in reported value and 61 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$443.3M

Long-equity book

Holdings
195

Distinct positions

Period
2026-09-30

Filed 2026-10-02

Q/Q Activity
+8 / −5 / ↑67 / ↓61

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
SCHF7.0% · -1%TDTT4.7% · -10%SPDW3.1% · -1%AAPL3.0% · +2%MBB3.0% · +6%NVDA2.9% · +2%IEI2.6% · +2%XLK2.5% · +0%MSFT2.4% · +2%SCHE2.2% · +2%GOOGL2.2% · +2%STIP2.1% · +185%IJH1.9% · -0%GUNR1.7% · +3%IJR1.7% · -2%SHY1.6% · +6%HYG1.4% · -2%HYGV1.4% · -12%CAT1.3% · -2%SPEM1.3% · +0%JPM1.3% · +1%NFRA1.2% · +5%SPMB1.2% · +11%GQRE1.2% · +1%AMD1.1% · -5%AMZN1.1% · +4%GNR1.1% · -1%CVX1.1% · -0%MBSD1.0% · -12%IGSB1.0% · +2%XOM0.9% · +0%KLAC0.9% · +0%SCHA0.9% · -0%META0.8% · +2%SKOR0.8% · +3%XLV0.8% · -0%SCHM0.7% · +1%EFA0.7% · -0%SCHB0.7% · -2%XLY0.6% · +1%IEF0.6% · +3%XLE0.6% · -0%XLF0.6% · +1%XLC0.5% · +2%XLI0.5% · +2%VEU0.5% · -1%KO0.5% · -1%CRM0.5% · -2%LLY0.5% · -1%LOW0.5% · -2%AXP0.5% · -0%WMT0.5% · +9%AVGO0.5% · +10%PG0.5% · -2%SPTL0.5% · +2%RWO0.4% · +29%ABT0.4% · -1%ABBV0.4% · +0%RTX0.4% · +6%PFE0.4% · +2%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 33.3%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Apr 29, 2026.

Assets Under Management
$502.5M
Discretionary
$461.2M
Employees
2
Accounts
468
Address
2099 MT. DIABLO BLVD
SUITE 202
WALNUT CREEK, CA 94596
Phone
(415) 433-1550
Website
Name Title / Status Ownership Type
ABBOTT, THOMAS, LYON ControlCHAIRMAN
since Jun 2020
Less than 5%Individual
STOCK, MICHAEL, JOHN ControlPRESIDENT, TREASURER & CCO
since Jun 2020
50–75%Individual
Wolf, Zachary, R ControlSECRETARY
since Jun 2020
50–75%Individual
Ownership & leadership changes · 6 filings with changes since Mar 8, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Jun 5, 2020 filing
  • No longer listedHARTELL, MICHAEL, J · CHAIRMAN · Less than 5% · control person · listed since May 2007
  • ChangedABBOTT, THOMAS, LYON · title PRESIDENT & TREASURER → CHAIRMAN; ownership 75% or more → Less than 5%
  • ChangedSTOCK, MICHAEL, JOHN · title SECRETARY & CHIEF COMPLIANCE OFFICER → PRESIDENT, TREASURER & CCO; ownership 25–50% → 50–75%
  • ChangedWolf, Zachary, R · title DIRECTOR → SECRETARY; ownership Less than 5% → 50–75%
Apr 26, 2019 filing
  • AddedWolf, Zachary, R · DIRECTOR · Less than 5% · control person
Jan 3, 2017 filing
  • ChangedABBOTT, THOMAS, LYON · title PRESIDENT, TREASURER & CHIEF COMPLIANCE OFFICER → PRESIDENT & TREASURER
  • ChangedSTOCK, MICHAEL, JOHN · title SECRETARY → SECRETARY & CHIEF COMPLIANCE OFFICER
Mar 31, 2015 filing
  • No longer listedGAMBLE, MARK, D · PRESIDENT · Less than 5% · listed since Nov 2007
  • ChangedABBOTT, THOMAS, LYON · title TREASURER & CHIEF COMPLIANCE OFFICER → PRESIDENT, TREASURER & CHIEF COMPLIANCE OFFICER
Jan 2, 2015 filing
  • ChangedABBOTT, THOMAS, LYON · ownership 50–75% → 75% or more
  • ChangedGAMBLE, MARK, D · ownership 50–75% → Less than 5%; no longer a control person
  • ChangedSTOCK, MICHAEL, JOHN · ownership Less than 5% → 25–50%
Mar 19, 2013 filing
  • No longer listedDIBBLEE, THOMAS, LORIMER · PRINCIPAL · Less than 5% · control person · listed since Apr 2010
  • AddedSTOCK, MICHAEL, JOHN · SECRETARY · Less than 5% · control person
  • ChangedGAMBLE, MARK, D · title PRESIDENT & SECRETARY → PRESIDENT
Mar 8, 2012 filing (earliest on record)
  • ListedABBOTT, THOMAS, LYON · TREASURER & CHIEF COMPLIANCE OFFICER · 50–75% · control person
  • ListedDIBBLEE, THOMAS, LORIMER · PRINCIPAL · Less than 5% · control person
  • ListedGAMBLE, MARK, D · PRESIDENT & SECRETARY · 50–75% · control person
  • ListedHARTELL, MICHAEL, J · CHAIRMAN · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 67 →

Top Trims

Show all 61 →

New Positions

Show all 8 →

Exited Positions

Show all 5 →

Boltwood Capital Management Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SCHWAB STRATEGIC TR SCHF 808524805 $30.9M 6.97% 1,124,411 SH
2 FLEXSHARES TR TDTT 33939L506 $20.8M 4.69% 894,308 SH
3 SPDR INDEX SHS FDS SPDW 78463X889 $13.6M 3.06% 270,470 SH
4 APPLE INC AAPL 037833100 $13.2M 2.99% 39,749 SH
5 ISHARES TR MBB 464288588 $13.2M 2.98% 147,239 SH
6 NVIDIA CORPORATION NVDA 67066G104 $13.0M 2.92% 56,742 SH
7 ISHARES TR IEI 464288661 $11.5M 2.60% 101,696 SH
8 SELECT SECTOR SPDR TR XLK 81369Y803 $11.0M 2.47% 55,992 SH
9 MICROSOFT CORP MSFT 594918104 $10.6M 2.39% 20,630 SH
10 SCHWAB STRATEGIC TR SCHE 808524706 $9.8M 2.21% 269,370 SH
11 ALPHABET INC GOOGL 02079K305 $9.5M 2.15% 27,739 SH
12 ISHARES TR STIP 46429B747 $9.4M 2.13% 94,575 SH
13 ISHARES TR IJH 464287507 $8.4M 1.91% 117,430 SH
14 FLEXSHARES TR GUNR 33939L407 $7.6M 1.72% 144,940 SH
15 ISHARES TR IJR 464287804 $7.6M 1.71% 55,771 SH
16 ISHARES TR SHY 464287457 $7.1M 1.61% 88,031 SH
17 ISHARES TR HYG 464288513 $6.3M 1.42% 81,600 SH
18 FLEXSHARES TR HYGV 33939L662 $6.1M 1.39% 158,159 SH
19 CATERPILLAR INC CAT 149123101 $5.8M 1.32% 7,190 SH
20 SPDR INDEX SHS FDS SPEM 78463X509 $5.8M 1.31% 112,573 SH
21 JPMORGAN CHASE & CO JPM 46625H100 $5.6M 1.27% 17,071 SH
22 FLEXSHARES TR NFRA 33939L795 $5.5M 1.25% 88,794 SH
23 SPDR SERIES TRUST SPMB 78464A383 $5.2M 1.18% 248,177 SH
24 FLEXSHARES TR GQRE 33939L787 $5.1M 1.15% 85,892 SH
25 ADVANCED MICRO DEVICES INC AMD 007903107 $5.0M 1.13% 8,205 SH
26 AMAZON COM INC AMZN 023135106 $5.0M 1.12% 19,899 SH
27 SPDR INDEX SHS FDS GNR 78463X541 $4.9M 1.11% 66,455 SH
28 CHEVRON CORPORATION CVX 166764100 $4.7M 1.05% 22,842 SH
29 FLEXSHARES TR MBSD 33939L779 $4.5M 1.01% 226,215 SH
30 ISHARES TR IGSB 464288646 $4.2M 0.96% 82,882 SH
31 EXXON MOBIL CORP XOM 30231G102 $4.2M 0.94% 25,730 SH
32 KLA CORP KLAC 482480100 $3.9M 0.89% 20,203 SH
33 SCHWAB STRATEGIC TR SCHA 808524607 $3.8M 0.87% 117,680 SH
34 META PLATFORMS INC META 30303M102 $3.8M 0.85% 5,190 SH
35 FLEXSHARES TR SKOR 33939L761 $3.7M 0.83% 78,483 SH
36 SELECT SECTOR SPDR TR XLV 81369Y209 $3.4M 0.77% 20,147 SH
37 SCHWAB STRATEGIC TR SCHM 808524508 $3.3M 0.75% 97,571 SH
38 ISHARES TR EFA 464287465 $3.3M 0.74% 31,752 SH
39 SCHWAB STRATEGIC TR SCHB 808524102 $3.0M 0.67% 101,082 SH
40 SELECT SECTOR SPDR TR XLY 81369Y407 $2.8M 0.64% 26,008 SH
41 ISHARES TR IEF 464287440 $2.8M 0.63% 31,290 SH
42 SELECT SECTOR SPDR TR XLE 81369Y506 $2.6M 0.60% 42,968 SH
43 SELECT SECTOR SPDR TR XLF 81369Y605 $2.5M 0.55% 45,956 SH
44 SELECT SECTOR SPDR TR XLC 81369Y852 $2.4M 0.54% 21,617 SH
45 SELECT SECTOR SPDR TR XLI 81369Y704 $2.3M 0.53% 14,033 SH
46 VANGUARD INTL EQUITY INDEX F VEU 922042775 $2.3M 0.51% 27,344 SH
47 COCA COLA CO KO 191216100 $2.2M 0.50% 25,756 SH
48 SALESFORCE INC CRM 79466L302 $2.2M 0.49% 9,499 SH
49 ELI LILLY & CO LLY 532457108 $2.2M 0.49% 1,860 SH
50 LOWES COS INC LOW 548661107 $2.1M 0.48% 11,664 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-02 $443.3M 195 0001563690-26-000005
2026-06-30 2026-07-06 $436.4M 192 0001563690-26-000003
2026-03-31 2026-04-08 $392.1M 184 0001563690-26-000002
2025-12-31 2026-01-02 $384.6M 182 0001563690-26-000001
Filer Information
Address
2099 MOUNT DIABLO BLVD., SUITE 220
WALNUT CREEK, CA 94596
Phone
(415) 433-1550
Filing Manager
Boltwood Capital Management
WALNUT CREEK, CA
Signatory
Zack Wolf
Partner