Baldwin Investment Management
WEST CONSHOHOCKEN, PAfiles as Baldwin Investment Management, LLC
$1.0bn in 231 US stocks at the end of 30 June 2026. The top 10 are 59.9% of the money. It changed about 11.2% of the portfolio this quarter.
Value
$1.0bn
Stocks
231
Top 10 share
59.9%
Turnover
11.2%
What changed this quarter
New
Bought for the first time this quarter.
- ExxonMobil HoldingsXOM0.9% of the fund
- Texas InstrumentsTXN0.2% of the fund
- Honeywell InternationalHON0.2% of the fund
- Honeywell AerospaceHONA0.2% of the fund
- StrykerSYK<0.1% of the fund
- Ishares TRIVV<0.1% of the fund
- MedtronicMDT<0.1% of the fund
- United RentalsURI<0.1% of the fund
- Space Exploration TechnologiesSPCX<0.1% of the fund
- Ishares TRQUAL<0.1% of the fund
- Ishares TRIEFA<0.1% of the fund
- Vanguard World FDMGK<0.1% of the fund
- IsharesIEMG<0.1% of the fund
- Janus Detroit STR TRJMBS<0.1% of the fund
- 3MMMM<0.1% of the fund
- QualcommQCOM<0.1% of the fund
- Applied MaterialsAMAT<0.1% of the fund
- nVent ElectricNVT<0.1% of the fund
- Qnity ElectronicsQ<0.1% of the fund
- Ishares TRIGSB<0.1% of the fund
- LennarLEN<0.1% of the fund
- American Centy ETF TRAVDV<0.1% of the fund
- WD 40WDFC<0.1% of the fund
- Tidal Trust IIIAIS<0.1% of the fund
- General ElectricGE<0.1% of the fund
Added
Bought more of a stock they already held.
- AppleAAPL2.8% of the fund+41%
- BroadcomAVGO2.7% of the fund+5%
- NvidiaNVDA2.6% of the fund+18%
- JPMorgan ChaseJPM1.9% of the fund+27%
- MicrosoftMSFT1.6% of the fund+35%
- AlphabetGOOGL1.6% of the fund+37%
- Eli LillyLLY1.5% of the fund+18%
- Costco WholesaleCOST1.3% of the fund+28%
- RTXRTX1.1% of the fund+39%
- Amazon.comAMZN1.1% of the fund+12%
- Palo Alto NetworksPANW0.9% of the fund+7%
- CaterpillarCAT0.9% of the fund+4%
- Vertex PharmaceuticalsVRTX0.8% of the fund+8%
- VisaV0.8% of the fund+12%
- AbbVieABBV0.8% of the fund+10%
- EatonETN0.7% of the fund+34%
- Goldman Sachs GroupGS0.7% of the fund+12%
- Johnson & JohnsonJNJ0.7% of the fund+56%
- BlackRockBLK0.6% of the fund+49%
- LindeLIN0.6% of the fund+11%
- Dell TechnologiesDELL0.6% of the fund+7%
- NextEra EnergyNEE0.5% of the fund+66%
- Rockwell AutomationROK0.5% of the fund+4%
- Intuitive SurgicalISRG0.5% of the fund+18%
- Thermo Fisher ScientificTMO0.5% of the fund+23%
Cut
Sold some of their stake.
- Lam ResearchLRCX3.6% of the fund-4%
- AlphabetGOOG0.5% of the fund-6%
- Abbott LaboratoriesABT0.3% of the fund-5%
- Marvell TechnologyMRVL0.3% of the fund-20%
- American ExpressAXP0.2% of the fund-4%
- Viking HoldingsVIK0.2% of the fund-8%
- Edwards LifesciencesEW0.1% of the fund-4%
- Axalta Coating SystemsAXTA0.1% of the fund-36%
- ZoetisZTS0.1% of the fund-28%
- NXP SemiconductorsNXPI0.1% of the fund-9%
- UnitedHealth GroupUNH0.1% of the fund-13%
- Novo Nordisk A SNVO<0.1% of the fund-3%
- Analog DevicesADI<0.1% of the fund-17%
- CortevaCTVA<0.1% of the fund-31%
- CorningGLW<0.1% of the fund-34%
- Expand EnergyEXE<0.1% of the fund-6%
- Dutch BrosBROS<0.1% of the fund-41%
- Kimberly-ClarkKMB<0.1% of the fund-22%
- Brookfield Renewable EnergyBEP<0.1% of the fund-2%
- AdobeADBE<0.1% of the fund-22%
- Itau Unibanco Hldg S AITUB<0.1% of the fund-3%
- Ishares TRINDA<0.1% of the fund-18%
- Intercontinental ExchangeICE<0.1% of the fund-49%
- AutodeskADSK<0.1% of the fund-73%
- Parker-HannifinPH<0.1% of the fund-5%
Sold out
Sold their entire stake.
- ExxonMobil HoldingsXOM-100%
- Honeywell InternationalHON-100%
- ZscalerZS-100%
- Vulcan MaterialsVMC-100%
- Boston ScientificBSX-100%
- Uber TechnologiesUBER-100%
- CabotCBT-100%
- Eagle MaterialsEXP-100%
- ToastTOST-100%
Holdings
- Berkshire Hathaway INC DELBRK-A
- Share
- 40.2%
- Value
- $416m
- Shares
- 555
Held
- Vanguard Index FDSVOO
- Share
- 0.6%
- Value
- $6m
- Shares
- 9,257
Held
- Vanguard Index FDSVTI
- Share
- 0.4%
- Value
- $4m
- Shares
- 9,962
+17%
- Vanguard Star FDSVXUS
- Share
- 0.3%
- Value
- $3m
- Shares
- 31,368
+26%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.2%
- Value
- $3m
- Shares
- 3,397
+19%
- Ishares TRIJR
- Share
- 0.2%
- Value
- $2m
- Shares
- 16,615
+11%
- Honeywell AerospaceHONA
- Share
- 0.2%
- Value
- $2m
- Shares
- 7,035
New
- Vanguard Index FDSVOT
- Share
- 0.1%
- Value
- $2m
- Shares
- 5,000
Held
- Invesco Exchange Traded FD TRSP
- Share
- 0.1%
- Value
- $1m
- Shares
- 6,692
+22%
- Vanguard Index FDSVBR
- Share
- 0.1%
- Value
- $1m
- Shares
- 5,715
+22%
- Ryanair HoldingsRYAAY
- Share
- 0.1%
- Value
- $1m
- Shares
- 20,367
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Berkshire Hathaway INC DELBRK-A | 40.2% | $416m | 555 | Held |
| Lam ResearchLRCX | 3.6% | $37m | 85,114 | -4% |
| AppleAAPL | 2.8% | $29m | 99,797 | +41% |
| BroadcomAVGO | 2.7% | $28m | 75,155 | +5% |
| NvidiaNVDA | 2.6% | $27m | 134,950 | +18% |
| JPMorgan ChaseJPM | 1.9% | $20m | 61,191 | +27% |
| MicrosoftMSFT | 1.6% | $17m | 44,413 | +35% |
| AlphabetGOOGL | 1.6% | $16m | 45,918 | +37% |
| Eli LillyLLY | 1.5% | $16m | 12,959 | +18% |
| Costco WholesaleCOST | 1.3% | $14m | 14,865 | +28% |
| RTXRTX | 1.1% | $12m | 62,019 | +39% |
| Amazon.comAMZN | 1.1% | $11m | 46,834 | +12% |
| Berkshire HathawayBRK-B | 1.0% | $10m | 19,793 | Held |
| Palo Alto NetworksPANW | 0.9% | $10m | 28,553 | +7% |
| ExxonMobil HoldingsXOM | 0.9% | $9m | 67,677 | New |
| CaterpillarCAT | 0.9% | $9m | 8,327 | +4% |
| Vertex PharmaceuticalsVRTX | 0.8% | $8m | 16,870 | +8% |
| VisaV | 0.8% | $8m | 23,968 | +12% |
| Vertiv HoldingsVRT | 0.8% | $8m | 23,823 | Held |
| AbbVieABBV | 0.8% | $8m | 31,297 | +10% |
| Taiwan Semiconductor ManufacturingTSM | 0.8% | $8m | 16,395 | Held |
| EatonETN | 0.7% | $7m | 17,394 | +34% |
| Goldman Sachs GroupGS | 0.7% | $7m | 7,008 | +12% |
| Enterprise Products Partners L.P.EPD | 0.7% | $7m | 191,338 | Held |
| Johnson & JohnsonJNJ | 0.7% | $7m | 27,516 | +56% |
| BlackRockBLK | 0.6% | $7m | 6,867 | +49% |
| LindeLIN | 0.6% | $6m | 12,444 | +11% |
| Vanguard Index FDSVOO | 0.6% | $6m | 9,257 | Held |
| Dell TechnologiesDELL | 0.6% | $6m | 13,240 | +7% |
| NextEra EnergyNEE | 0.5% | $5m | 62,458 | +66% |
| Rockwell AutomationROK | 0.5% | $5m | 10,843 | +4% |
| Intuitive SurgicalISRG | 0.5% | $5m | 12,766 | +18% |
| Thermo Fisher ScientificTMO | 0.5% | $5m | 9,982 | +23% |
| AlphabetGOOG | 0.5% | $5m | 14,041 | -6% |
| TJX CompaniesTJX | 0.5% | $5m | 31,845 | +74% |
| Baker HughesBKR | 0.5% | $5m | 86,680 | +20% |
| S&P GlobalSPGI | 0.4% | $5m | 11,421 | +3% |
| MastercardMA | 0.4% | $5m | 8,901 | +110% |
| Home DepotHD | 0.4% | $4m | 12,291 | +6% |
| Capital One FinancialCOF | 0.4% | $4m | 20,953 | +32% |
| Morgan StanleyMS | 0.4% | $4m | 20,065 | +3% |
| Lowe's CompaniesLOW | 0.4% | $4m | 17,240 | +68% |
| Vanguard Index FDSVTI | 0.4% | $4m | 9,962 | +17% |
| Darden RestaurantsDRI | 0.3% | $3m | 16,895 | +41% |
| Union PacificUNP | 0.3% | $3m | 12,763 | Held |
| Abbott LaboratoriesABT | 0.3% | $3m | 37,845 | -5% |
| Southern CompanySO | 0.3% | $3m | 33,202 | +82% |
| CrowdStrike HoldingsCRWD | 0.3% | $3m | 4,143 | +296% |
| Waste ManagementWM | 0.3% | $3m | 13,806 | +28% |
| Ulta BeautyULTA | 0.3% | $3m | 6,690 | +97% |
| Marvell TechnologyMRVL | 0.3% | $3m | 10,071 | -20% |
| DeereDE | 0.3% | $3m | 4,536 | +20% |
| ASML Holding NVASML | 0.3% | $3m | 1,426 | +7% |
| PepsiCoPEP | 0.3% | $3m | 20,225 | +73% |
| Vanguard Star FDSVXUS | 0.3% | $3m | 31,368 | +26% |
| ChevronCVX | 0.3% | $3m | 15,784 | +85% |
| State STR Spdr S&P 500 ETF TSPY | 0.2% | $3m | 3,397 | +19% |
| First SolarFSLR | 0.2% | $2m | 10,509 | +78% |
| ChubbCB | 0.2% | $2m | 7,265 | +17% |
| Freeport-McMoRanFCX | 0.2% | $2m | 39,212 | +10% |
| Ishares TRIJR | 0.2% | $2m | 16,615 | +11% |
| T-Mobile USTMUS | 0.2% | $2m | 14,661 | +61% |
| SynopsysSNPS | 0.2% | $2m | 5,468 | +52% |
| Meta PlatformsMETA | 0.2% | $2m | 4,272 | +64% |
| DatadogDDOG | 0.2% | $2m | 9,206 | +15% |
| BorgwarnerBWA | 0.2% | $2m | 36,018 | +41% |
| Coca-ColaKO | 0.2% | $2m | 28,955 | +128% |
| McDonald'sMCD | 0.2% | $2m | 8,494 | +17% |
| DanaherDHR | 0.2% | $2m | 11,881 | Held |
| NetflixNFLX | 0.2% | $2m | 31,468 | +380% |
| American ExpressAXP | 0.2% | $2m | 6,601 | -4% |
| Texas InstrumentsTXN | 0.2% | $2m | 7,349 | New |
| International Business MachinesIBM | 0.2% | $2m | 7,699 | +6% |
| Walt DisneyDIS | 0.2% | $2m | 22,282 | +23% |
| Icici BankIBN | 0.2% | $2m | 73,112 | Held |
| Viking HoldingsVIK | 0.2% | $2m | 20,250 | -8% |
| WalmartWMT | 0.2% | $2m | 16,621 | +43% |
| Cisco SystemsCSCO | 0.2% | $2m | 15,758 | +20% |
| MckessonMCK | 0.2% | $2m | 2,306 | +108% |
| AccentureACN | 0.2% | $2m | 13,982 | +47% |
| American TowerAMT | 0.2% | $2m | 10,619 | Held |
| Honeywell InternationalHON | 0.2% | $2m | 7,547 | New |
| OracleORCL | 0.2% | $2m | 11,520 | +132% |
| StarbucksSBUX | 0.2% | $2m | 16,137 | +9% |
| Honeywell AerospaceHONA | 0.2% | $2m | 7,035 | New |
| Tractor SupplyTSCO | 0.1% | $2m | 48,815 | +10% |
| Vanguard Index FDSVOT | 0.1% | $2m | 5,000 | Held |
| WelltowerWELL | 0.1% | $1m | 6,392 | +65% |
| Invesco Exchange Traded FD TRSP | 0.1% | $1m | 6,692 | +22% |
| Micron TechnologyMU | 0.1% | $1m | 1,227 | +11% |
| BlackstoneBX | 0.1% | $1m | 12,009 | Held |
| Vanguard Index FDSVBR | 0.1% | $1m | 5,715 | +22% |
| Mondelez InternationalMDLZ | 0.1% | $1m | 23,539 | +21% |
| Mettler Toledo InternationalMTD | 0.1% | $1m | 1,047 | Held |
| Ryanair HoldingsRYAAY | 0.1% | $1m | 20,367 | Held |
| Trane TechnologiesTT | 0.1% | $1m | 2,670 | Held |
| Diamondback EnergyFANG | 0.1% | $1m | 7,103 | Held |
| Edwards LifesciencesEW | 0.1% | $1m | 13,730 | -4% |
| Air Products & ChemicalsAPD | 0.1% | $1m | 4,030 | +30% |
| Axalta Coating SystemsAXTA | 0.1% | $1m | 34,322 | -36% |
Showing the largest 100 of 231.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 24.8% since 30 June 2025.
Where the money is
Technology18.8%
Financial services8.0%
Industrials7.2%
Health care6.8%
Retail & consumer4.1%
Media & telecom3.0%
Everyday goods2.4%
Energy1.9%
Utilities1.7%
Materials1.3%
Real estate0.4%
Other44.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.