Baldwin Investment Management, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Berkshire Hathaway Inc A | 556 | 556 | 0 | 405,212,800 | 419,335,200 | 48.01% | +14,122,400 |
| Apple Inc(AAPL) | 72,428 | 72,486 | +58 | 14,860,145 | 18,457,160 | 2.11% | +3,597,015 |
| Lam Research Corp(LRCX) | 101,768 | 100,028 | -1,740 | 9,906,106 | 13,393,811 | 1.53% | +3,487,705 |
| Nvidia Corp(NVDA) | 120,936 | 118,189 | -2,747 | 19,106,668 | 22,051,694 | 2.52% | +2,945,026 |
| Broadcom Limited(AVGO) | 76,307 | 72,212 | -4,095 | 21,034,022 | 23,823,518 | 2.73% | +2,789,496 |
| RTX Corp(RTX) | 33,151 | 43,252 | +10,101 | 4,840,780 | 7,237,351 | 0.83% | +2,396,571 |
| Alphabet Inc Class A(GOOG) | 34,334 | 33,819 | -515 | 6,050,701 | 8,221,431 | 0.94% | +2,170,730 |
| Abbvie Inc(ABBV) | 28,530 | 28,980 | +450 | 5,295,692 | 6,709,994 | 0.77% | +1,414,302 |
| J.P. Morgan Chase & Co(JPM) | 48,966 | 48,789 | -177 | 14,195,633 | 15,389,602 | 1.76% | +1,193,969 |
| Alphabet Inc Class C(GOOG) | 15,722 | 15,772 | +50 | 2,788,926 | 3,841,271 | 0.44% | +1,052,345 |
| Eli Lilly & Company(LLY) | 9,574 | 11,079 | +1,505 | 7,463,373 | 8,453,143 | 0.97% | +989,770 |
| Taiwan Semiconductor Manufacturing ADR(TSM) | 16,642 | 16,592 | -50 | 3,769,247 | 4,633,980 | 0.53% | +864,733 |
| Edwards Lifesciences Corp | 5,145 | 15,085 | +9,940 | 402,390 | 1,173,160 | 0.13% | +770,770 |
| Baker Hughes Co(BKR) | 75,252 | 73,452 | -1,800 | 2,885,162 | 3,578,581 | 0.41% | +693,419 |
| Goldman Sachs Group Inc(GS) | 6,242 | 6,417 | +175 | 4,417,679 | 5,110,085 | 0.59% | +692,406 |
| Caterpillar Inc(CAT) | 8,777 | 8,582 | -195 | 3,407,319 | 4,094,901 | 0.47% | +687,582 |
| Palo Alto Networks(PANW) | 20,845 | 24,255 | +3,410 | 4,265,721 | 4,938,803 | 0.57% | +673,082 |
| Thermo Fisher Scientific(TMO) | 8,240 | 8,250 | +10 | 3,341,066 | 4,001,510 | 0.46% | +660,444 |
| Microsoft Corp(MSFT) | 32,728 | 32,688 | -40 | 16,279,234 | 16,930,750 | 1.94% | +651,516 |
| Johnson & Johnson(JNJ) | 17,684 | 17,940 | +256 | 2,701,173 | 3,326,344 | 0.38% | +625,171 |
| Analog Devices Inc(ADI) | 1,015 | 3,515 | +2,500 | 241,590 | 863,636 | 0.10% | +622,046 |
| Blackrock Inc(BLK) | 4,576 | 4,651 | +75 | 4,800,924 | 5,422,030 | 0.62% | +621,106 |
| Vertiv Holdings Co(VRT) | 24,301 | 24,301 | 0 | 3,120,504 | 3,666,066 | 0.42% | +545,562 |
| Zscaler Inc(ZS) | 3,616 | 5,608 | +1,992 | 1,135,207 | 1,680,493 | 0.19% | +545,286 |
| Home Depot Inc(HD) | 11,509 | 11,614 | +105 | 4,219,660 | 4,705,877 | 0.54% | +486,217 |
| Oracle Corp(ORCL) | 8,345 | 8,030 | -315 | 1,824,467 | 2,258,357 | 0.26% | +433,890 |
| Vanguard S&P 500 Etf | 8,759 | 8,811 | +52 | 4,975,157 | 5,395,477 | 0.62% | +420,320 |
| Amrize AG(AMRZ) | 0 | 8,605 | +8,605 | 0 | 417,601 | 0.05% | +417,601 |
| TJX Inc(TJX) | 18,246 | 18,396 | +150 | 2,253,199 | 2,658,958 | 0.30% | +405,759 |
| Berkshire Hathaway Inc B | 18,844 | 18,978 | +134 | 9,153,850 | 9,541,000 | 1.09% | +387,150 |
| ASML Holdings NV | 1,144 | 1,334 | +190 | 916,790 | 1,291,432 | 0.15% | +374,642 |
| Dutch Bros Inc(BROS) | 0 | 6,820 | +6,820 | 0 | 356,959 | 0.04% | +356,959 |
| Exxon Mobil Corporation | 56,300 | 56,873 | +573 | 6,069,173 | 6,412,378 | 0.73% | +343,205 |
| Nextera Energy(NEE) | 36,626 | 38,166 | +1,540 | 2,542,577 | 2,881,151 | 0.33% | +338,574 |
| Costco Wholesale Corporation(COST) | 9,990 | 11,048 | +1,058 | 9,889,295 | 10,226,181 | 1.17% | +336,886 |
| First Solar Inc(FSLR) | 6,162 | 6,127 | -35 | 1,020,057 | 1,351,187 | 0.15% | +331,130 |
| Morgan Stanley & Co(MS) | 19,867 | 19,672 | -195 | 2,798,521 | 3,127,012 | 0.36% | +328,491 |
| Ulta Beauty Inc.(ULTA) | 3,153 | 3,293 | +140 | 1,475,036 | 1,800,448 | 0.21% | +325,412 |
| Expand Energy Corp(EXE) | 3,918 | 7,118 | +3,200 | 458,171 | 756,216 | 0.09% | +298,045 |
| International Business Machines Corp(IBM) | 5,029 | 6,304 | +1,275 | 1,482,449 | 1,778,737 | 0.20% | +296,288 |
| Datadog Inc(DDOG) | 6,640 | 8,310 | +1,670 | 891,951 | 1,183,344 | 0.14% | +291,393 |
| Exelon Corporation(EXC) | 0 | 6,450 | +6,450 | 0 | 290,315 | 0.03% | +290,315 |
| HubSpot Inc(HUBS) | 0 | 617 | +617 | 0 | 288,633 | 0.03% | +288,633 |
| Darden Restaurants Inc(DRI) | 8,093 | 10,723 | +2,630 | 1,764,031 | 2,041,230 | 0.23% | +277,199 |
| L3Harris Technologies(LHX) | 3,642 | 3,892 | +250 | 913,559 | 1,188,656 | 0.14% | +275,097 |
| Shopify Inc(SHOP) | 9,208 | 8,978 | -230 | 1,062,143 | 1,334,221 | 0.15% | +272,078 |
| Blackstone Inc(BX) | 12,511 | 12,511 | 0 | 1,871,395 | 2,137,504 | 0.24% | +266,109 |
| Kyndryl Holdings(KD) | 0 | 8,380 | +8,380 | 0 | 251,651 | 0.03% | +251,651 |
| Lowes Companies Inc(LOW) | 11,156 | 10,822 | -334 | 2,475,267 | 2,719,558 | 0.31% | +244,291 |
| Borg Warner Inc | 25,235 | 24,535 | -700 | 844,868 | 1,078,559 | 0.12% | +233,691 |
| Micron Technology Inc(MU) | 0 | 1,300 | +1,300 | 0 | 217,516 | 0.02% | +217,516 |
| Vanguard Total Stock Market ETF | 7,435 | 7,473 | +38 | 2,259,823 | 2,452,304 | 0.28% | +192,481 |
| Capital One Financial(COF) | 13,090 | 13,925 | +835 | 2,785,028 | 2,960,177 | 0.34% | +175,149 |
| Corning Inc(GLW) | 8,650 | 7,675 | -975 | 454,904 | 629,580 | 0.07% | +174,676 |
| Vulcan Materials Company(VMC) | 3,513 | 3,513 | 0 | 916,261 | 1,080,669 | 0.12% | +164,408 |
| Rockwell Automation(ROK) | 10,615 | 10,540 | -75 | 3,525,985 | 3,684,046 | 0.42% | +158,061 |
| Trip.com Group Ltd(TCOM) | 9,442 | 9,442 | 0 | 553,679 | 710,038 | 0.08% | +156,359 |
| Baidu Inc ADR | 3,102 | 3,102 | 0 | 266,028 | 408,751 | 0.05% | +142,723 |
| iShares S&P Smallcap 600 | 14,928 | 14,928 | 0 | 1,631,481 | 1,773,894 | 0.20% | +142,413 |
| American Express Co(AXP) | 6,787 | 6,937 | +150 | 2,164,917 | 2,304,194 | 0.26% | +139,277 |
| Uber Technologies Inc(UBER) | 17,105 | 17,637 | +532 | 1,595,897 | 1,727,897 | 0.20% | +132,000 |
| Abbott Laboratories | 37,963 | 39,465 | +1,502 | 5,163,384 | 5,285,908 | 0.61% | +122,524 |
| Vanguard Total Interntl Stk | 25,136 | 25,264 | +128 | 1,736,647 | 1,855,865 | 0.21% | +119,218 |
| Cummins Inc(CMI) | 1,240 | 1,240 | 0 | 406,100 | 523,739 | 0.06% | +117,639 |
| Pepsico Inc.(PEP) | 10,874 | 11,024 | +150 | 1,435,803 | 1,548,211 | 0.18% | +112,408 |
| Welltower Inc(WELL) | 4,076 | 4,076 | 0 | 626,603 | 726,099 | 0.08% | +99,496 |
| Duke Energy Corp.(DUK) | 7,489 | 7,944 | +455 | 883,683 | 983,009 | 0.11% | +99,326 |
| Chevron Corp.(CVX) | 8,610 | 8,550 | -60 | 1,232,866 | 1,327,730 | 0.15% | +94,864 |
| Southern Company(SO) | 13,328 | 13,878 | +550 | 1,223,910 | 1,315,218 | 0.15% | +91,308 |
| Tesla Inc(TSLA) | 749 | 734 | -15 | 237,927 | 326,424 | 0.04% | +88,497 |
| Bank of America Corp | 19,400 | 19,495 | +95 | 918,008 | 1,005,747 | 0.12% | +87,739 |
| Leidos Holdings Inc(LDOS) | 2,750 | 2,750 | 0 | 433,840 | 519,640 | 0.06% | +85,800 |
| Iqvia Hldgs Inc(IQV) | 2,783 | 2,758 | -25 | 438,573 | 523,855 | 0.06% | +85,282 |
| Technology Select Sector SPDR Fund | 2,850 | 2,850 | 0 | 721,706 | 803,301 | 0.09% | +81,595 |
| GXO Logistics Inc(GXO) | 14,849 | 15,189 | +340 | 723,146 | 803,346 | 0.09% | +80,200 |
| S&P DEP Receipts(SPY) | 4,318 | 4,122 | -196 | 2,667,887 | 2,746,028 | 0.31% | +78,141 |
| Pfizer Inc.(PFE) | 53,238 | 53,638 | +400 | 1,290,489 | 1,366,696 | 0.16% | +76,207 |
| Tractor Supply Company(TSCO) | 47,530 | 45,280 | -2,250 | 2,508,158 | 2,575,074 | 0.29% | +66,916 |
| Viking Holdings(VIK) | 26,505 | 23,785 | -2,720 | 1,412,451 | 1,478,476 | 0.17% | +66,025 |
| RPM International Inc(RPM) | 3,700 | 3,975 | +275 | 406,408 | 468,573 | 0.05% | +62,165 |
| Immunome, Inc.(IMNM) | 25,394 | 25,394 | 0 | 236,164 | 297,364 | 0.03% | +61,200 |
| Ishares Tr Russell 2000 Index Fd | 2,312 | 2,312 | 0 | 498,906 | 559,412 | 0.06% | +60,506 |
| HSBC PLC Spon ADR(HSBC) | 5,707 | 5,707 | 0 | 346,929 | 405,083 | 0.05% | +58,154 |
| Eaton Corp(ETN) | 13,165 | 12,710 | -455 | 4,699,773 | 4,756,718 | 0.54% | +56,945 |
| Mettler Toledo Intl Inc(MTD) | 1,061 | 1,061 | 0 | 1,246,378 | 1,302,494 | 0.15% | +56,116 |
| Eagle Materials Inc(EXP) | 1,800 | 1,800 | 0 | 363,798 | 419,472 | 0.05% | +55,674 |
| RyanAir Holdings PLC(RYAAY) | 20,689 | 20,689 | 0 | 1,193,135 | 1,245,892 | 0.14% | +52,757 |
| Vanguard Mid Cap Growth | 5,150 | 5,150 | 0 | 1,464,609 | 1,513,019 | 0.17% | +48,410 |
| Freeport McMoRan(FCX) | 33,234 | 37,934 | +4,700 | 1,440,694 | 1,487,771 | 0.17% | +47,077 |
| NXP Semiconductors N.V. | 5,047 | 5,047 | 0 | 1,102,719 | 1,149,353 | 0.13% | +46,634 |
| Diamondback Energy(FANG) | 8,503 | 8,479 | -24 | 1,168,312 | 1,213,345 | 0.14% | +45,033 |
| Enterprise Products Partners(EPD) | 192,615 | 192,440 | -175 | 5,972,991 | 6,017,599 | 0.69% | +44,608 |
| Phillips 66(PSX) | 2,600 | 2,600 | 0 | 310,180 | 353,652 | 0.04% | +43,472 |
| iShares MSCI Japan Index Fund | 7,921 | 7,921 | 0 | 593,837 | 635,343 | 0.07% | +41,506 |
| Vanguard FTSE Emerging Mkt ETF | 8,668 | 8,672 | +4 | 428,708 | 469,849 | 0.05% | +41,141 |
| PNC Financial Services Group Inc(PNC) | 2,833 | 2,833 | 0 | 528,128 | 569,235 | 0.07% | +41,107 |
| Ares Capital Corp(ARCC) | 54,667 | 60,770 | +6,103 | 1,200,480 | 1,240,311 | 0.14% | +39,831 |
| Itau UniBanco Multiplo ADR(ITUB) | 72,288 | 72,288 | 0 | 490,836 | 530,594 | 0.06% | +39,758 |
| iShares Russell Midcap Index Fd | 8,363 | 8,363 | 0 | 769,145 | 807,448 | 0.09% | +38,303 |
| Schwab US Broad Market ETF | 19,187 | 19,195 | +8 | 457,225 | 493,508 | 0.06% | +36,283 |