Fund HoldingsBaldwin Investment Management, LLC

Total Portfolio Value
$831.94M
Total Bought
$486.61M
Total Sold
$405.39M
Net Transaction
+$81.22M
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
Berkshire Hathaway Inc A0556+5560443,93453.36%+443,934
Visa Inc.(V)18,08622,006+3,9205,7167,7120.93%+1,996
Berkshire Hathaway Inc B019,170+19,170010,2101.23%+10,210
Vertex Pharmaceuticals(VRTX)013,830+13,83006,7050.81%+6,705
Mastercard Inc(MA)1,7314,238+2,5079112,3230.28%+1,411
Exxon Mobil Corporation055,648+55,64806,6180.80%+6,618
Cencora Inc03,858+3,85801,0730.13%+1,073
Abbvie Inc(ABBV)027,905+27,90505,8470.70%+5,847
Abbott Laboratories35,74437,455+1,7114,0434,9680.60%+925
Eli Lilly & Company(LLY)09,398+9,39807,7620.93%+7,762
McDonald's Corp(MCD)08,006+8,00602,5010.30%+2,501
Johnson & Johnson(JNJ)017,857+17,85702,9610.36%+2,961
Cigna Corporation(CI)02,506+2,50608240.10%+824
Linde PLC(LIN)012,346+12,34605,7490.69%+5,749
J.P. Morgan Chase & Co(JPM)47,18249,336+2,15411,31012,1021.45%+792
Baker Hughes Co(BKR)49,53263,727+14,1952,0322,8010.34%+769
Sentinelone Inc(S)040,725+40,72507400.09%+740
Procter & Gamble Co.(PG)07,838+7,83801,3360.16%+1,336
Enterprise Products Partners(EPD)187,625192,615+4,9905,8846,5760.79%+692
Pfizer Inc.(PFE)045,918+45,91801,1640.14%+1,164
Costco Wholesale Corporation(COST)9,5409,929+3898,7419,3901.13%+649
RTX Corp(RTX)033,701+33,70104,4640.54%+4,464
Chubb Corp.
COM
06,262+6,26201,8910.23%+1,891
T-Mobile US(TMUS)09,757+9,75702,6020.31%+2,602
Axalta Coating Systems(AXTA)20,53136,301+15,7707031,2040.14%+502
TJX Inc(TJX)14,43518,346+3,9111,7442,2350.27%+491
American Tower REIT(AMT)013,314+13,31402,8970.35%+2,897
Icici Bank Ltd Adr(IBN)56,15868,258+12,1001,6772,1510.26%+475
American Express Co(AXP)4,6376,687+2,0501,3761,7990.22%+423
Schwab US Broad Market ETF019,279+19,27904150.05%+415
Coca Cola Co.(KO)012,770+12,77009150.11%+915
Cava Group Inc(CAVA)04,025+4,02503480.04%+348
Bristol-Myers Squibb(BMY)9,39914,132+4,7335328620.10%+330
Union Pacific Corp(UNP)016,350+16,35003,8630.46%+3,863
Palo Alto Networks(PANW)16,11119,030+2,9192,9323,2470.39%+316
Starbucks Corp(SBUX)015,311+15,31101,5020.18%+1,502
Cisco Systems Inc(CSCO)8,34212,972+4,6304948010.10%+307
Automatic Data Processing Inc02,959+2,95909040.11%+904
Boston Scientific Corp(BSX)8,74010,600+1,8607811,0690.13%+289
SPDR Gold Trust(GLD)01,000+1,00002880.03%+288
Johnson Controls Inc
SHS
03,469+3,46902780.03%+278
S&P Global Inc(SPGI)09,849+9,84905,0040.60%+5,004
Uber Technologies Inc(UBER)011,120+11,12008100.10%+810
Intercontinental Exchange(ICE)09,584+9,58401,6530.20%+1,653
Colgate Palmolive Co(CL)05,780+5,78005420.07%+542
Qualcomm Inc(QCOM)01,462+1,46202250.03%+225
Amgen Inc(AMGN)0704+70402190.03%+219
Sportradar Group(SRAD)29,11733,363+4,2465057210.09%+216
International Business Machines Corp(IBM)05,136+5,13601,2770.15%+1,277
Travelers Companies Inc(TRV)0801+80102120.03%+212
Ishares Tr S&P Midcap03,620+3,62002110.03%+211
Southern Company(SO)12,52713,458+9311,0311,2370.15%+206
Analog Devices Inc(ADI)01,020+1,02002060.02%+206
Wal-Mart Stores Inc.(WMT)8,03710,487+2,4507269210.11%+195
ASML Holdings NV
N Y REGISTRY SHS
01,177+1,17707800.09%+780
Chevron Corp.(CVX)08,735+8,73501,4610.18%+1,461
Duke Energy Corp.(DUK)07,534+7,53409190.11%+919
Darden Restaurants Inc(DRI)8,0288,048+201,4991,6720.20%+173
Yum! Brands Inc(YUM)06,899+6,89901,0860.13%+1,086
Mizuho Financial Group Inc(MFG)028,800+28,80001590.02%+159
Fiserv Inc(FISV)013,900+13,90003,0700.37%+3,070
Dell Inc(DELL)3,4535,998+2,5453985470.07%+149
Mondelez International(MDLZ)020,456+20,45601,3880.17%+1,388
Caterpillar Inc(CAT)08,990+8,99002,9650.36%+2,965
Ares Capital Corp(ARCC)49,62154,964+5,3431,0861,2180.15%+132
Schwab International Equity Fund030,153+30,15305960.07%+596
Welltower Inc(WELL)4,0274,076+495086240.08%+117
Progressive Corp(PGR)8871,137+2502133220.04%+109
Check Point Software Technologies
ORD
2,6122,61204885950.07%+108
McKesson Corp(MCK)1,3201,260-607528480.10%+96
Cintas Corp(CTAS)04,000+4,00008220.10%+822
Expand Energy Corporation(EXE)3,4683,918+4503454360.05%+91
Corteva Agriscience Inc(CTVA)016,454+16,45401,0350.12%+1,035
Viking Holdings(VIK)22,11526,455+4,3409741,0520.13%+77
Lockheed Martin Corp(LMT)03,538+3,53801,5800.19%+1,580
SHELL ADR EACH REP 2 ORD WI(SHEL)06,994+6,99405130.06%+513
Itau UniBanco Multiplo ADR(ITUB)074,345+74,34504090.05%+409
CME Group Inc(CME)5,1704,777-3931,2011,2670.15%+67
Prologis Inc(PLD)010,299+10,29901,1510.14%+1,151
GXO Logistics Inc(GXO)7,96110,449+2,4883464080.05%+62
Corning Inc(GLW)5,0006,425+1,4252382940.04%+57
Otis Worldwide Corp(OTIS)05,917+5,91706110.07%+611
Waste Management Inc(WM)11,78610,486-1,3002,3782,4280.29%+49
HSBC PLC Spon ADR(HSBC)5,8575,85702903360.04%+47
Freeport McMoRan(FCX)034,334+34,33401,3000.16%+1,300
Aon PLC(AON)0900+90003590.04%+359
Lowes Companies Inc(LOW)011,206+11,20602,6140.31%+2,614
Nextera Energy(NEE)036,226+36,22602,5680.31%+2,568
Baidu Inc ADR03,226+3,22602970.04%+297
Phillips 66(PSX)2,6002,60002963210.04%+25
iShares TIPS Bond Fund5,2005,20005545780.07%+24
Deere & Co(DE)2,8662,618-2481,2141,2290.15%+14
iShares MSCI EAFE Index Fund4,4284,225-2033353450.04%+11
Xylem Inc(XYL)1,9091,90902212280.03%+7
Shopify Inc(SHOP)8,2089,208+1,0008738790.11%+6
Tractor Supply Company(TSCO)042,255+42,25502,3280.28%+2,328
Wells Fargo & Co.(WFC)3,1533,158+52212270.03%+5
Carnival Corp9,83712,587+2,7502452460.03%+1
Air Products and Chemicals Inc03,105+3,10509160.11%+916
Allstate Corp(ALL)2,1441,994-1504134130.05%-0
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