# EDGAR Filing Document

**Accession Number:** 0001482970
**File Stem:** 0001482970-23-000001
**Filing Date:** 2023-1
**Character Count:** 12187
**Document Hash:** e200805ff3b3bdfb1967935eb5664d02
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001482970-23-000001.hdr.sgml**: 20230112

**ACCESSION NUMBER**: 0001482970-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230112

**DATE AS OF CHANGE**: 20230112

**EFFECTIVENESS DATE**: 20230112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Stillwater Capital Advisors, LLC
- **CENTRAL INDEX KEY:** 0001482970
- **IRS NUMBER:** 264708742
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13804
- **FILM NUMBER:** 23525696

**BUSINESS ADDRESS:**
- **STREET 1:** 80 W. LANCASTER AVE.
- **STREET 2:** SUITE 230
- **CITY:** DEVON
- **STATE:** PA
- **ZIP:** 19333
- **BUSINESS PHONE:** (610) 848-6760

**MAIL ADDRESS:**
- **STREET 1:** 80 W. LANCASTER AVE.
- **STREET 2:** SUITE 230
- **CITY:** DEVON
- **STATE:** PA
- **ZIP:** 19333

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Stillwater Capital Advisors LLC<br>**Address:** 80 W. LANCASTER AVE.<br>SUITE 230<br>DEVON, PA 19333

**Form 13F File Number:** 028-13804

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Christopher Dautrich<br>**Title:** Chief Compliance Officer<br>**Phone:** 610-848-6760

**Signature, Place, and Date of Signing:**

Christopher Dautrich  Devon, PA  01-12-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 67

**Form 13F Information Table Value Total:** $473990978

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 584731 | 6590 | SH |  | SOLE | Stillwater Capital Advisors | 6590 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 14382496 | 163011 | SH |  | SOLE | Stillwater Capital Advisors | 163011 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 687960 | 8190 | SH |  | SOLE | Stillwater Capital Advisors | 8190 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 36108933 | 277911 | SH |  | SOLE | Stillwater Capital Advisors | 277911 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 13764544 | 19424 | SH |  | SOLE | Stillwater Capital Advisors | 19424 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 17786871 | 31812 | SH |  | SOLE | Stillwater Capital Advisors | 31812 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 479059 | 2669 | SH |  | SOLE | Stillwater Capital Advisors | 2669 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 209407 | 632 | SH |  | SOLE | Stillwater Capital Advisors | 632 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 12776959 | 200864 | SH |  | SOLE | Stillwater Capital Advisors | 200864 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 5688363 | 65474 | SH |  | SOLE | Stillwater Capital Advisors | 65474 | 0 | 0 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 280613 | 5879 | SH |  | SOLE | Stillwater Capital Advisors | 5879 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 11808958 | 50995 | SH |  | SOLE | Stillwater Capital Advisors | 50995 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 16670935 | 52780 | SH |  | SOLE | Stillwater Capital Advisors | 52780 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 226452 | 5975 | SH |  | SOLE | Stillwater Capital Advisors | 5975 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 237703 | 1971 | SH |  | SOLE | Stillwater Capital Advisors | 1971 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 377558 | 1085 | SH |  | SOLE | Stillwater Capital Advisors | 1085 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 484224 | 2777 | SH |  | SOLE | Stillwater Capital Advisors | 2777 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 555153 | 8231 | SH |  | SOLE | Stillwater Capital Advisors | 8231 | 0 | 0 |
| ISHARES TR | US CONSM STAPLES | 464287812 |  | 676677 | 3337 | SH |  | SOLE | Stillwater Capital Advisors | 3337 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 780285 | 8045 | SH |  | SOLE | Stillwater Capital Advisors | 8045 | 0 | 0 |
| ISHARES TR | US INDUSTRIALS | 464287754 |  | 1417866 | 14699 | SH |  | SOLE | Stillwater Capital Advisors | 14699 | 0 | 0 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 1446719 | 15844 | SH |  | SOLE | Stillwater Capital Advisors | 15844 | 0 | 0 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 1759679 | 21049 | SH |  | SOLE | Stillwater Capital Advisors | 21049 | 0 | 0 |
| ISHARES TR | US CONSUM DISCRE | 464287580 |  | 2085420 | 36612 | SH |  | SOLE | Stillwater Capital Advisors | 36612 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 2189690 | 14439 | SH |  | SOLE | Stillwater Capital Advisors | 14439 | 0 | 0 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 5984862 | 21095 | SH |  | SOLE | Stillwater Capital Advisors | 21095 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 8248807 | 38503 | SH |  | SOLE | Stillwater Capital Advisors | 38503 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 9319593 | 125112 | SH |  | SOLE | Stillwater Capital Advisors | 125112 | 0 | 0 |
| ISHARES TR | U.S. FINLS ETF | 464287788 |  | 15376029 | 203737 | SH |  | SOLE | Stillwater Capital Advisors | 203737 | 0 | 0 |
| ISHARES U S ETF TR | BLACKROCK ST MAT | 46431W507 |  | 11346066 | 230283 | SH |  | SOLE | Stillwater Capital Advisors | 230283 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 15706855 | 117128 | SH |  | SOLE | Stillwater Capital Advisors | 117128 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 229300 | 546 | SH |  | SOLE | Stillwater Capital Advisors | 546 | 0 | 0 |
| LIGHT  WONDER INC | COM | 80874P109 |  | 573518 | 9787 | SH |  | SOLE | Stillwater Capital Advisors | 9787 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 400201 | 1094 | SH |  | SOLE | Stillwater Capital Advisors | 1094 | 0 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 236479 | 4710 | SH |  | SOLE | Stillwater Capital Advisors | 4710 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 11651476 | 78256 | SH |  | SOLE | Stillwater Capital Advisors | 78256 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 21288670 | 191876 | SH |  | SOLE | Stillwater Capital Advisors | 191876 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 30181133 | 125849 | SH |  | SOLE | Stillwater Capital Advisors | 125849 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 13033750 | 195555 | SH |  | SOLE | Stillwater Capital Advisors | 195555 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 7515401 | 51426 | SH |  | SOLE | Stillwater Capital Advisors | 51426 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 15763517 | 307641 | SH |  | SOLE | Stillwater Capital Advisors | 307641 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 18991573 | 188184 | SH |  | SOLE | Stillwater Capital Advisors | 188184 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 282451 | 4305 | SH |  | SOLE | Stillwater Capital Advisors | 4305 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 394701 | 8742 | SH |  | SOLE | Stillwater Capital Advisors | 8742 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 1098839 | 15586 | SH |  | SOLE | Stillwater Capital Advisors | 15586 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 1810853 | 23312 | SH |  | SOLE | Stillwater Capital Advisors | 23312 | 0 | 0 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 3077073 | 64119 | SH |  | SOLE | Stillwater Capital Advisors | 64119 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 4241620 | 48492 | SH |  | SOLE | Stillwater Capital Advisors | 48492 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 4752067 | 63743 | SH |  | SOLE | Stillwater Capital Advisors | 63743 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 5795686 | 59013 | SH |  | SOLE | Stillwater Capital Advisors | 59013 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 8046802 | 62301 | SH |  | SOLE | Stillwater Capital Advisors | 62301 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 11502320 | 84669 | SH |  | SOLE | Stillwater Capital Advisors | 84669 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 18060672 | 145136 | SH |  | SOLE | Stillwater Capital Advisors | 145136 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1476905 | 6223 | SH |  | SOLE | Stillwater Capital Advisors | 6223 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 285293 | 746 | SH |  | SOLE | Stillwater Capital Advisors | 746 | 0 | 0 |
| SPDR SER TR | S 600 SMCP GRW | 78464A201 |  | 1547544 | 21422 | SH |  | SOLE | Stillwater Capital Advisors | 21422 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 12419678 | 22553 | SH |  | SOLE | Stillwater Capital Advisors | 22553 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 12043472 | 69279 | SH |  | SOLE | Stillwater Capital Advisors | 69279 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 19457977 | 36701 | SH |  | SOLE | Stillwater Capital Advisors | 36701 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 948902 | 5170 | SH |  | SOLE | Stillwater Capital Advisors | 5170 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 1040450 | 5105 | SH |  | SOLE | Stillwater Capital Advisors | 5105 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 2284607 | 16893 | SH |  | SOLE | Stillwater Capital Advisors | 16893 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 960181 | 24633 | SH |  | SOLE | Stillwater Capital Advisors | 24633 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 2188147 | 52136 | SH |  | SOLE | Stillwater Capital Advisors | 52136 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 5853138 | 54091 | SH |  | SOLE | Stillwater Capital Advisors | 54091 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 12977863 | 62466 | SH |  | SOLE | Stillwater Capital Advisors | 62466 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 12129252 | 85544 | SH |  | SOLE | Stillwater Capital Advisors | 85544 | 0 | 0 |

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