Baker Ellis Asset Management LLC

RIA/Wealth

Baker Ellis Asset Management LLC is a RIA/Wealth based in Vancouver, WA led by Patricia Anne Watson, reporting $874.2M in AUM as of Q3 2025 with 44% ETF concentration.

COOPatricia Anne Watson

Portfolio Value: $811.1M
Positions: 248
Top Holding: VTI at 9.23%
Last Reported: Q3 2025

Address805 Broadway St., Suite 400, Vancouver, WA, 98660, United States

Top Holdings

Largest long holdings in Baker Ellis Asset Management LLC's portfolio (33.7% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Vanguard Total Stock Market VTI	ETF ETF	$74.9M	9.23%	-$1.1M Sold	— 228.2K shares	≤ Q2 2013 Held for 12y 5m+
2 Berkshire Hathaway BRK.B	Insurance - Diversified Financial Services	$35.6M	4.39%	+$689.8K Bought	0.00% 70.8K shares	Q4 2019 Held for 5y 11m
3 Microsoft MSFT	Software - Infrastructure Technology	$29.2M	3.60%	+$522.1K Bought	0.00% 56.4K shares	≤ Q2 2013 Held for 12y 5m+
4 Vanguard Information Technology VGT	ETF ETF	$25.7M	3.17%	+$29.9K Bought	— 34.4K shares	≤ Q2 2013 Held for 12y 5m+
5 Vanguard High Dividend Yield VYM	ETF ETF	$19.6M	2.41%	-$522.6K Sold	— 138.7K shares	≤ Q2 2013 Held for 12y 5m+
6 Sterling Infrastructure, Inc. STRL	Engineering & Construction Industrials	$18.4M	2.27%	-$429.7K Sold	0.18% 54.2K shares	Q2 2024 Held for 1y 5m
7 DISV Dimensional International Small Cap Value DISV	ETF ETF	$17.9M	2.20%	+$1.1M Bought	— 501.0K shares	Q4 2022 Held for 2y 11m
8 Vanguard S&P 500 ETF VOO	ETF ETF	$17.7M	2.18%	+$286.6K Bought	— 28.9K shares	Q3 2014 Held for 11y 2m
9 JPMorgan Chase JPM	Banks - Diversified Financial Services	$17.3M	2.14%	+$896.8K Bought	0.00% 54.9K shares	≤ Q2 2013 Held for 12y 5m+
10 Fidelity Total Bond FBND	ETF ETF	$17.2M	2.12%	+$642.0K Bought	— 371.9K shares	Q1 2021 Held for 4y 8m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Baker Ellis Asset Management LLC's latest filing

See all changes

GthenC

Market Value

$811.1M

Prior: $727.8M

Q/Q Change

+11.45%

+$83.3M

Net Flows % of MV

+3.3%

Turnover Ratio

3.48%

New Purchases

25 stocks

$10.2M

Added To

74 stocks

+$28.1M

Sold Out Of

3 stocks

$2.9M

Reduced Holdings

77 stocks

-$8.6M

Increased Positions

Position	Shares Δ	Change
1 Amrize Ltd AMRZ	New	0 → 47.5K +$2.3M
2 Teradyne, Inc. TER	New	0 → 5.4K +$739.5K
3 Primerica PRI	New	0 → 2.3K +$633.2K
4 Houlihan Lokey HLI	New	0 → 2.9K +$589.1K
5 PNC Financial Services PNC	New	0 → 2.3K +$471.2K

Decreased Positions

Position	Shares Δ	Change
1 Baxter International BAX	Sold	88.1K → 0 −$2.7M
2 Philip Morris International PM	Sold	1.1K → 0 −$200.3K
3 TMC the metals company Inc. TMC	Sold	10.0K → 0 −$66.0K
4 Comcast CMCSA	-27.81%	24.1K → 17.4K −$210.7K
5 Whirlpool WHR	-24.92%	3.7K → 2.8K −$72.4K

See all changes

GthenC

Analytics

Portfolio insights and performance metrics for Baker Ellis Asset Management LLC

View analytics

GthenA

Sector Allocation

ETF

44.30%

Technology

11.40%

Industrials

10.90%

Financial Services

10.60%

Consumer Defensive

4.10%

Healthcare

3.10%

Communication Services

2.90%

Real Estate

2.90%

Energy

2.40%

Consumer Cyclical

2.10%

Utilities

1.00%

Basic Materials

0.60%

Market Cap Distribution

Mega Cap (> $200B)

24.24%

Large Cap ($10B - $200B)

21.75%

Mid Cap ($2B - $10B)

5.57%

Small Cap ($300M - $2B)

0.49%

Micro Cap ($50M - $300M)

0.14%

Nano Cap (< $50M)

0.10%

N/A (ETF or Unknown)

47.71%

Portfolio Concentration

Top 10 Holdings %

33.71%

Top 20 Holdings %

50.48%

Top 50 Holdings %

75.35%

Top 100 Holdings %

90.85%