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Shilanski & Associates, Inc. — 13F Holdings & Portfolio

CIK 1722084 · latest 13F-HR filed 2025-10-20

Backtest portfolio

Shilanski & Associates, Inc. manages $376.3M in 13F-reported U.S. long-equity assets across 109 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are SPY (12.00%), SCHB (8.40%), FNDF (3.85%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 29 new positions and exited 28; 55 existing positions rose in reported value and 8 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
$376.3M

Long-equity book

Holdings
109

Distinct positions

Period
2025-09-30

Filed 2025-10-20

Q/Q Activity
+29 / −28 / ↑55 / ↓8

vs 2025-06-30

Portfolio charts

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

Portfolio map

Q3 25
SPY12.0% · +3%SCHB8.4% · +3%FNDF3.8% · +2%SPYG3.1% · +1%SPHD3.0% · +3%TIP2.8% · +6%JNK2.8% · +6%SPIB2.8% · +6%IBM2.7% · +29%SRLN2.5% · +7%FNDC2.3% · +0%MSFT2.3% · +3%NVDA2.0% · +2%MO2.0% · +2%XOM1.9% · +4%BAC1.8% · +4%FTSM1.7% · +4%CSCO1.7% · +2%MMM1.6% · +2%SO1.6% · +1%PM1.6% · -0%VDE1.4% · +4%RY1.4% · +3%HSBC1.4% · newTLH1.3% · newABBV1.2% · -1%KMI1.2% · +4%KO1.2% · +1%PG1.1% · +2%RIO1.1% · +3%AAPL1.1% · -0%PLTR1.0% · newAWK1.0% · +0%VPU0.9% · +2%CW0.9% · +4%DGRW0.9% · +3%BNY0.9% · +0%DTM0.9% · +5%NRG0.9% · +5%VST0.8% · +4%BIZD0.8% · +2%META0.8% · +3%APH0.8% · newLMT0.8% · +4%AXON0.8% · -40%CEG0.7% · +4%NEM0.6% · newDIS0.6% · newUAL0.6% · +3%CAH0.6% · newMOS0.5% · newCRS0.5% · newGS0.5% · newEBAY0.5% · newPANW0.5% · +1%NWS0.5% · +3%MCO0.4% · +2%IVV0.2% · +4%AVGO0.2% · -0%QQQ0.2% · +0%

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 25 → Q3 25

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

2 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 = 43.9%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated May 30, 2025.

Assets Under Management
$420.3M
Discretionary
$391.8M
Employees
16
Accounts
2,030
Address
431 WEST SEVENTH AVENUE
SUITE 100
ANCHORAGE, AK 99501
Phone
(907) 278-1351
Website
This firm reports 7 disclosure items on its registration.
Name Title / Status Ownership Type
CULLEN, JAMES, MICHAEL ControlCHIEF COMPLIANCE OFFICER
since Mar 2020
Less than 5%Individual
HOYT, EDWARD, PAUL ControlCHIEF INVESTMENT OFFICER
since Jan 2023
Less than 5%Individual
SHILANSKI, FLOYD, LEE ControlFOUNDER
since Jan 2023
25–50%Individual
COLE, CHARNELL, MARIECHIEF OPERATIONS OFFICER
since Jan 2023
Less than 5%Individual
SHILANSKI, JAMIE, CARLENECO-CEO
since Jan 2023
10–25%Individual
SHILANSKI, MICAH, VINCENTCO-CEO
since Jan 2023
10–25%Individual
SHILANSKI, ROSA, CARLENEFOUNDER
since Jan 2023
25–50%Individual
Ownership & leadership changes · 5 filings with changes since Mar 31, 2015

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.

Mar 13, 2024 filing
  • AddedHOYT, EDWARD, PAUL · CHIEF INVESTMENT OFFICER · Less than 5% · control person
  • ChangedCOLE, CHARNELL, MARIE · title CHIEF OPERATIONS MANAGER → CHIEF OPERATIONS OFFICER
  • ChangedSHILANSKI, FLOYD, LEE · title PRESIDENT AND DIRECTOR → FOUNDER
  • ChangedSHILANSKI, JAMIE, CARLENE · title DIRECTOR AND MINORITY EQUITY OWNER → CO-CEO
  • ChangedSHILANSKI, MICAH, VINCENT · title DIRECTOR AND MINORITY EQUITY OWNER → CO-CEO
  • ChangedSHILANSKI, ROSA, CARLENE · title VICE PRESIDENT AND DIRECTOR → FOUNDER
Mar 27, 2023 filing
  • AddedCOLE, CHARNELL, MARIE · CHIEF OPERATIONS MANAGER · Less than 5%
  • ChangedSHILANSKI, JAMIE, CARLENE · ownership Less than 5% → 10–25%
  • ChangedSHILANSKI, MICAH, VINCENT · ownership Less than 5% → 10–25%
Mar 31, 2020 filing
  • AddedCULLEN, JAMES, MICHAEL · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedSHILANSKI, MICAH, VINCENT · title DIRECTOR AND MINORITY EQUITY OWNER/CHIEF COMPLIANCE OFFICER → DIRECTOR AND MINORITY EQUITY OWNER
Feb 27, 2017 filing
  • No longer listedKELVIN, JEFFREY · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Mar 2016
  • ChangedSHILANSKI, MICAH, VINCENT · title DIRECTOR AND MINORITY EQUITY OWNER → DIRECTOR AND MINORITY EQUITY OWNER/CHIEF COMPLIANCE OFFICER
Mar 23, 2016 filing
  • AddedKELVIN, JEFFREY · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedSHILANSKI, MICAH, VINCENT · title CHIEF COMPLIANCE OFFICER, DIRECTOR AND MINORITY EQUITY OWNER → DIRECTOR AND MINORITY EQUITY OWNER
Mar 31, 2015 filing (earliest on record)
  • ListedSHILANSKI, FLOYD, LEE · PRESIDENT AND DIRECTOR · 25–50% · control person
  • ListedSHILANSKI, JAMIE, CARLENE · DIRECTOR AND MINORITY EQUITY OWNER · Less than 5%
  • ListedSHILANSKI, MICAH, VINCENT · CHIEF COMPLIANCE OFFICER, DIRECTOR AND MINORITY EQUITY OWNER · Less than 5%
  • ListedSHILANSKI, ROSA, CARLENE · VICE PRESIDENT AND DIRECTOR · 25–50%

Quarter-over-quarter changes

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

Shilanski & Associates, Inc. Holdings (2025-09-30)

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 SPDR S&P 500 ETF TR SPY 78462F103 $45.2M 12.00% 67,803 SH
2 SCHWAB STRATEGIC TR SCHB 808524102 $31.6M 8.40% 1,229,744 SH
3 SCHWAB STRATEGIC TR FNDF 808524755 $14.5M 3.85% 336,871 SH
4 SPDR SERIES TRUST SPYG 78464A409 $11.6M 3.09% 111,318 SH
5 INVESCO EXCH TRADED FD TR II SPHD 46138E362 $11.4M 3.03% 230,565 SH
6 ISHARES TR TIP 464287176 $10.5M 2.78% 94,206 SH
7 SPDR SERIES TRUST JNK 78468R622 $10.5M 2.78% 106,917 SH
8 SPDR SERIES TRUST SPIB 78464A375 $10.4M 2.76% 306,815 SH
9 INTERNATIONAL BUSINESS MACHS IBM 459200101 $10.2M 2.72% 36,293 SH
10 SSGA ACTIVE ETF TR SRLN 78467V608 $9.3M 2.48% 223,982 SH
11 SCHWAB STRATEGIC TR FNDC 808524748 $8.7M 2.32% 196,313 SH
12 MICROSOFT CORP MSFT 594918104 $8.5M 2.27% 16,463 SH
13 NVIDIA CORPORATION NVDA 67066G104 $7.6M 2.02% 40,808 SH
14 ALTRIA GROUP INC MO 02209S103 $7.4M 1.96% 111,773 SH
15 EXXON MOBIL CORP XOM 30231G102 $7.0M 1.85% 61,756 SH
16 BANK AMERICA CORP BAC 060505104 $6.6M 1.76% 128,229 SH
17 FIRST TR EXCHANGE-TRADED FD FTSM 33739Q408 $6.6M 1.74% 109,128 SH
18 CISCO SYS INC CSCO 17275R102 $6.4M 1.70% 93,631 SH
19 3M CO MMM 88579Y101 $5.9M 1.58% 38,329 SH
20 SOUTHERN CO SO 842587107 $5.9M 1.56% 61,841 SH
21 PHILIP MORRIS INTL INC PM 718172109 $5.8M 1.55% 36,047 SH
22 VANGUARD WORLD FD VDE 92204A306 $5.4M 1.44% 43,020 SH
23 ROYAL BK CDA RY 780087102 $5.2M 1.38% 35,373 SH
24 HSBC HLDGS PLC HSBC 404280406 $5.1M 1.37% 72,432 SH
25 ISHARES TR TLH 464288653 $5.0M 1.33% 48,464 SH
26 ABBVIE INC ABBV 00287Y109 $4.7M 1.24% 20,218 SH
27 KINDER MORGAN INC DEL KMI 49456B101 $4.6M 1.22% 161,867 SH
28 COCA COLA CO KO 191216100 $4.6M 1.22% 68,484 SH
29 PROCTER AND GAMBLE CO PG 742718109 $4.3M 1.14% 27,982 SH
30 RIO TINTO PLC RIO 767204100 $4.2M 1.11% 63,469 SH
31 APPLE INC AAPL 037833100 $4.1M 1.09% 16,149 SH
32 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $3.7M 0.97% 20,026 SH
33 AMERICAN WTR WKS CO INC NEW AWK 030420103 $3.6M 0.95% 25,726 SH
34 VANGUARD WORLD FD VPU 92204A876 $3.5M 0.93% 18,502 SH
35 CURTISS WRIGHT CORP CW 231561101 $3.3M 0.89% 6,154 SH
36 WISDOMTREE TR DGRW 97717X669 $3.3M 0.88% 37,170 SH
37 BANK NEW YORK MELLON CORP BNY 064058100 $3.2M 0.86% 29,557 SH
38 DT MIDSTREAM INC DTM 23345M107 $3.2M 0.85% 28,393 SH
39 NRG ENERGY INC NRG 629377508 $3.2M 0.85% 19,796 SH
40 VISTRA CORP VST 92840M102 $3.1M 0.83% 15,888 SH
41 VANECK ETF TRUST BIZD 92189F411 $3.1M 0.83% 207,821 SH
42 META PLATFORMS INC META 30303M102 $3.1M 0.81% 4,158 SH
43 AMPHENOL CORP NEW APH 032095101 $3.1M 0.81% 24,649 SH
44 LOCKHEED MARTIN CORP LMT 539830109 $3.0M 0.81% 6,100 SH
45 AXON ENTERPRISE INC AXON 05464C101 $3.0M 0.79% 4,121 SH
46 CONSTELLATION ENERGY CORP CEG 21037T109 $2.6M 0.68% 7,828 SH
47 NEWMONT CORP NEM 651639106 $2.3M 0.62% 27,609 SH
48 DISNEY WALT CO DIS 254687106 $2.2M 0.57% 18,873 SH
49 UNITED AIRLS HLDGS INC UAL 910047109 $2.1M 0.57% 22,234 SH
50 CARDINAL HEALTH INC CAH 14149Y108 $2.1M 0.57% 13,555 SH
Filing History
Period Filed AUM Holdings Accession
2025-09-30 2025-10-20 $376.3M 109 0002063364-25-000226
2025-06-30 2025-08-01 $350.0M 108 0002063364-25-000164