Q2 2023 · 13F-HR
Baldwin Investment Management, LLCholdings as filed
Filed 2023-08-01 · accession 0001346378-23-000004
$607.0M
Reported value
196
Positions
2023-06-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670108 | BRK/A | Berkshire Hathaway Cl A | $294.1M | 48.5% | 568 | Common | SOLE |
| 037833100 | AAPL | Apple Inc | $13.5M | 2.22% | 69,427 | Common | NONE |
| 594918104 | MSFT | Microsoft Corp | $12.9M | 2.12% | 37,872 | Common | NONE |
| 46625H100 | JPM | J.P. Morgan Chase & Co | $7.4M | 1.22% | 50,991 | Common | NONE |
| 11135F101 | AVGO | Broadcom Limited | $7.4M | 1.22% | 8,506 | Common | NONE |
| 084670702 | BRK/B | Berkshire Hathaway Inc B | $6.5M | 1.07% | 19,122 | Common | NONE |
| 512807108 | LRCXEUR | Lam Research Corp | $6.5M | 1.07% | 10,134 | Common | NONE |
| 67066G104 | NVDA | Nvidia Corp | $5.6M | 0.92% | 13,233 | Common | NONE |
| 22160K105 | COST | Costco Wholesale Corporation | $5.5M | 0.91% | 10,244 | Common | NONE |
| 75513E101 | RTX | RTX Corp | $5.4M | 0.88% | 54,827 | Common | NONE |
| G54950103 | LIN | Linde PLC | $5.3M | 0.88% | 13,989 | Common | NONE |
| 293792107 | EPD | Enterprise Products Partners | $5.3M | 0.87% | 200,816 | Common | NONE |
| 478160104 | JNJ | Johnson & Johnson | $4.7M | 0.78% | 28,485 | Common | NONE |
| 92826C839 | V | Visa Inc. | $4.5M | 0.75% | 19,122 | Common | NONE |
| 00287Y109 | ABBV | Abbvie Inc | $4.5M | 0.74% | 33,151 | Common | NONE |
| 023135106 | AMZN | Amazon.com Inc | $4.4M | 0.73% | 33,985 | Common | NONE |
| 532457108 | LLY | Eli Lilly & Company | $4.2M | 0.70% | 9,020 | Common | NONE |
| 98978V103 | ZTS | Zoetis Inc | $4.2M | 0.69% | 24,433 | Common | NONE |
| 02079K305 | GOOGL | Alphabet Inc Class A | $3.9M | 0.65% | 32,860 | Common | NONE |
| 002824100 | ABT | Abbott Laboratories | $3.8M | 0.63% | 34,941 | Common | NONE |
| 883556102 | TMO | Thermo Fisher Scientific | $3.8M | 0.63% | 7,293 | Common | NONE |
| 437076102 | HD | Home Depot Inc | $3.6M | 0.60% | 11,691 | Common | NONE |
| G1151C101 | ACN | Accenture Plc | $3.6M | 0.59% | 11,645 | Common | NONE |
| 00724F101 | ADBE | Adobe Inc | $3.5M | 0.57% | 7,123 | Common | NONE |
| 110122108 | BMY | Bristol-Myers Squibb | $3.5M | 0.57% | 54,335 | Common | NONE |
| 09247X101 | BLKCHF | Blackrock Inc | $3.5M | 0.57% | 5,026 | Common | NONE |
| 337738108 | FISV | Fiserv Inc | $3.4M | 0.55% | 26,660 | Common | NONE |
| 78462F103 | SPY | S&P DEP Receipts | $3.3M | 0.54% | 7,460 | Common | NONE |
| 907818108 | UNP | Union Pacific Corp | $3.3M | 0.54% | 15,955 | Common | NONE |
| 235851102 | DHR | Danaher Corp | $3.3M | 0.54% | 13,543 | Common | NONE |
| 78409V104 | SPGI | S&P Global Inc | $3.3M | 0.54% | 8,107 | Common | NONE |
| 92532F100 | VRTX | Vertex Pharmaceuticals | $3.0M | 0.49% | 8,493 | Common | NONE |
| 654106103 | NKE | Nike Inc | $3.0M | 0.49% | 26,768 | Common | NONE |
| 65339F101 | NEE | Nextera Energy | $3.0M | 0.49% | 39,812 | Common | NONE |
| 713448108 | PEP | Pepsico Inc. | $2.8M | 0.45% | 14,904 | Common | NONE |
| 38141G104 | GS | Goldman Sachs Group Inc | $2.6M | 0.43% | 8,135 | Common | NONE |
| 855244109 | SBUX | Starbucks Corp | $2.6M | 0.43% | 26,381 | Common | NONE |
| 30231G102 | XOM | Exxon Mobil Corporation | $2.6M | 0.43% | 24,281 | Common | NONE |
| 548661107 | LOW | Lowes Companies Inc | $2.5M | 0.42% | 11,245 | Common | NONE |
| 892356106 | TSCO | Tractor Supply Company | $2.5M | 0.42% | 11,402 | Common | NONE |
| 03027X100 | AMT | American Tower REIT | $2.5M | 0.41% | 12,895 | Common | NONE |
| 46120E602 | ISRG | Intuitive Surgical | $2.3M | 0.39% | 6,840 | Common | NONE |
| 21036P108 | STZ | Constellation Brands Inc | $2.3M | 0.38% | 9,425 | Common | NONE |
| 149123101 | CAT | Caterpillar Inc | $2.3M | 0.38% | 9,408 | Common | NONE |
| 90384S303 | ULTA | Ulta Beauty Inc. | $2.3M | 0.38% | 4,875 | Common | NONE |
| G39387108 | GFS | GlobalFoundries Inc | $2.3M | 0.37% | 35,120 | Common | NONE |
| 22052L104 | CTVA | Corteva Agriscience Inc | $2.2M | 0.37% | 38,732 | Common | NONE |
| 580135101 | MCD | McDonald's Corp | $2.2M | 0.36% | 7,361 | Common | NONE |
| 592688105 | MTD | Mettler Toledo Intl Inc | $2.2M | 0.36% | 1,659 | Common | NONE |
| 94106L109 | WM | Waste Management Inc | $2.2M | 0.36% | 12,451 | Common | NONE |
| 02079K107 | GOOG | Alphabet Inc Class C | $2.0M | 0.34% | 16,945 | Common | NONE |
| 74340W103 | PLD | Prologis Inc | $2.0M | 0.34% | 16,638 | Common | NONE |
| 697435105 | PANW | Palo Alto Networks | $1.9M | 0.32% | 7,567 | Common | NONE |
| 670100205 | NVO | Novo Nordisk | $1.9M | 0.32% | 11,868 | Common | NONE |
| 166764100 | CVX | Chevron Corp. | $1.9M | 0.32% | 12,187 | Common | NONE |
| 494368103 | KMB | Kimberly Clark Corp | $1.9M | 0.31% | 13,819 | Common | NONE |
| 723787107 | PXDEUR | Pioneer Natural Resources | $1.9M | 0.31% | 9,160 | Common | NONE |
| 464287804 | IJR | iShares S&P Smallcap 600 | $1.9M | 0.31% | 18,990 | Common | NONE |
| G29183103 | ETN | Eaton Corp | $1.8M | 0.30% | 8,961 | Common | NONE |
| 45866F104 | ICE | Intercontinental Exchange | $1.8M | 0.29% | 15,696 | Common | NONE |
| 17275R102 | CSCO | Cisco Systems Inc | $1.8M | 0.29% | 34,293 | Common | NONE |
| 14040H105 | COF | Capital One Financial | $1.7M | 0.28% | 15,625 | Common | NONE |
| 438516106 | HON | Honeywell International | $1.7M | 0.28% | 8,137 | Common | NONE |
| 237194105 | DRI | Darden Restaurants Inc | $1.6M | 0.27% | 9,858 | Common | NONE |
| 617446448 | MS | Morgan Stanley & Co | $1.6M | 0.27% | 19,272 | Common | NONE |
| 874039100 | TSM | Taiwan Semiconductor Manufacturing ADR | $1.6M | 0.27% | 16,287 | Common | NONE |
| 127055101 | CBT | Cabot Corporation | $1.6M | 0.27% | 24,438 | Common | NONE |
| 052769106 | ADSK | Autodesk Inc | $1.6M | 0.27% | 7,965 | Common | NONE |
| 609207105 | MDLZ | Mondelez International | $1.5M | 0.25% | 20,868 | Common | NONE |
| 45104G104 | IBN | Icici Bank Ltd Adr | $1.4M | 0.23% | 61,709 | Common | NONE |
| 91324P102 | UNH | UnitedHealth Group | $1.3M | 0.22% | 2,800 | Common | NONE |
| 929160109 | VMC | Vulcan Materials Company | $1.3M | 0.22% | 5,864 | Common | NONE |
| 244199105 | DE | Deere & Co | $1.3M | 0.21% | 3,147 | Common | NONE |
| 456788108 | INFY | Infosys Technologies Ltd | $1.3M | 0.21% | 78,501 | Common | NONE |
| 20030N101 | CMCSA | Comcast Corp | $1.2M | 0.20% | 29,580 | Common | NONE |
| 988498101 | YUM | Yum! Brands Inc | $1.2M | 0.20% | 8,707 | Common | NONE |
| 46137V357 | RSP | Rydex S&P Equal Weight ETF | $1.2M | 0.20% | 7,912 | Common | NONE |
| 009158106 | APD | Air Products and Chemicals Inc | $1.2M | 0.19% | 3,926 | Common | NONE |
| 922908538 | VOT | Vanguard Mid Cap Growth | $1.2M | 0.19% | 5,664 | Common | NONE |
| N6596X109 | NXPI | NXP Semiconductors N.V. | $1.2M | 0.19% | 5,678 | Common | NONE |
| 336433107 | FSLR | First Solar Inc | $1.2M | 0.19% | 6,078 | Common | NONE |
| 459200101 | IBM | International Business Machines Corp | $1.1M | 0.19% | 8,505 | Common | NONE |
| 09260D107 | BX | Blackstone Inc | $1.1M | 0.19% | 12,210 | Common | NONE |
| 872590104 | TMUS | T-Mobile US | $1.1M | 0.18% | 7,705 | Common | NONE |
| 872540109 | TJX | TJX Inc | $1.1M | 0.18% | 12,600 | Common | NONE |
| 31428X106 | FDX | FedEx Corp | $1.1M | 0.18% | 4,306 | Common | NONE |
| 68389X105 | ORCL | Oracle Corp | $1.1M | 0.18% | 8,963 | Common | NONE |
| 34959J108 | FTV | Fortive Corp | $1.1M | 0.18% | 14,271 | Common | NONE |
| 46982L108 | J | Jacobs Solutions Inc | $1.1M | 0.17% | 8,850 | Common | NONE |
| 23204G100 | CUBI | Customers Bancorp Inc | $1.0M | 0.17% | 34,377 | Common | NONE |
| 783513203 | RYAAY | RyanAir Holdings PLC | $974,165 | 0.16% | 8,808 | Common | NONE |
| 573874104 | MRVL | Marvell Technology Group | $966,643 | 0.16% | 16,170 | Common | NONE |
| 773903109 | ROK | Rockwell Automation | $965,289 | 0.16% | 2,930 | Common | NONE |
| 670346105 | NUE | Nucor Corp | $954,364 | 0.16% | 5,820 | Common | NONE |
| 742718109 | PG | Procter & Gamble Co. | $936,843 | 0.15% | 6,174 | Common | NONE |
| 808524797 | SCHD | Schwab US Dividend Equity ETF | $924,200 | 0.15% | 12,727 | Common | NONE |
| H1467J104 | CB | Chubb Corp. | $915,045 | 0.15% | 4,752 | Common | NONE |
| 45778Q107 | NSP | Insperity Inc | $910,044 | 0.15% | 7,650 | Common | NONE |
| 126650100 | CVS | CVS Corp | $885,417 | 0.15% | 12,808 | Common | NONE |
| 26441C204 | DUK | Duke Energy Corp. | $875,593 | 0.14% | 9,757 | Common | NONE |
| 922908512 | VOE | Vanguard Mid Cap Value | $870,410 | 0.14% | 6,290 | Common | NONE |
| 04010L103 | ARCC | Ares Capital Corp | $851,805 | 0.14% | 45,333 | Common | NONE |
| 12572Q105 | CME | CME Group Inc | $849,184 | 0.14% | 4,583 | Common | NONE |
| G16258108 | BEP | Brookfield Renewable Partners LP | $836,100 | 0.14% | 28,352 | Common | NONE |
| 81369Y803 | XLK | Technology Select Sector SPDR Fund | $828,443 | 0.14% | 4,765 | Common | NONE |
| 14448C104 | CARR | Carrier Global Corp | $806,644 | 0.13% | 16,227 | Common | NONE |
| 58155Q103 | MCK | McKesson Corp | $805,479 | 0.13% | 1,885 | Common | NONE |
| 58933Y105 | MRK | Merck & Co Inc | $804,268 | 0.13% | 6,970 | Common | NONE |
| 35671D857 | FCX | Freeport McMoRan | $796,280 | 0.13% | 19,907 | Common | NONE |
| 25278X109 | FANG | Diamondback Energy | $784,613 | 0.13% | 5,973 | Common | NONE |
| 921908844 | VIG | Vanguard Dividend | $761,087 | 0.13% | 4,686 | Common | NONE |
| 191216100 | KO | Coca Cola Co. | $751,847 | 0.12% | 12,485 | Common | NONE |
| 36262G101 | GXO | GXO Logistics Inc | $742,847 | 0.12% | 11,825 | Common | NONE |
| 882508104 | TXN | Texas Instruments, Inc. | $741,682 | 0.12% | 4,120 | Common | NONE |
| 025816109 | AXP | American Express Co | $715,962 | 0.12% | 4,110 | Common | NONE |
| 539830109 | LMT | Lockheed Martin Corp | $715,891 | 0.12% | 1,555 | Common | NONE |
| 254687106 | DIS | Walt Disney Co | $699,330 | 0.12% | 7,833 | Common | NONE |
| 060505104 | BAC | Bank of America Corp | $691,429 | 0.11% | 24,100 | Common | NONE |
| 68902V107 | OTIS | Otis Worldwide Corp | $690,540 | 0.11% | 7,758 | Common | NONE |
| 053015103 | ADP | Automatic Data Processing Inc | $686,844 | 0.11% | 3,125 | Common | NONE |
| G8994E103 | TT | Trane Technologies Plc | $682,798 | 0.11% | 3,570 | Common | NONE |
| 693475105 | PNC | PNC Financial Services Group Inc | $679,626 | 0.11% | 5,396 | Common | NONE |
| 704326107 | PAYX | Paychex Inc | $671,220 | 0.11% | 6,000 | Common | NONE |
| 46266C105 | IQV | Iqvia Holdings Inc | $667,117 | 0.11% | 2,968 | Common | NONE |
| 717081103 | PFE | Pfizer Inc. | $648,356 | 0.11% | 17,676 | Common | NONE |
| 57636Q104 | MA | Mastercard Inc | $610,795 | 0.10% | 1,553 | Common | NONE |
| 82509L107 | SHOP | Shopify Inc | $595,741 | 0.10% | 9,222 | Common | NONE |
| 74144T108 | TROW | T Rowe Price Group Inc | $577,239 | 0.10% | 5,153 | Common | NONE |
| 46429B598 | INDA | Ishares MSCI India Index | $574,874 | 0.09% | 13,155 | Common | NONE |
| 871829107 | SYY | Sysco Corp | $564,662 | 0.09% | 7,610 | Common | NONE |
| 464287176 | TIP | iShares TIPS Bond Fund | $559,624 | 0.09% | 5,200 | Common | SOLE |
| 05722G100 | BKR | Baker Hughes Co | $556,115 | 0.09% | 17,593 | Common | NONE |
| 842587107 | SO | Southern Company | $546,194 | 0.09% | 7,775 | Common | NONE |
| 780259305 | SHEL | SHELL ADR EACH REP 2 ORD WI | $530,076 | 0.09% | 8,779 | Common | NONE |
| 743315103 | PGR | Progressive Corp | $514,522 | 0.08% | 3,887 | Common | NONE |
| 922908629 | VO | Vanguard Mid-Cap ETF | $512,318 | 0.08% | 2,327 | Common | NONE |
| 172908105 | CTAS | Cintas Corp | $497,080 | 0.08% | 1,000 | Common | NONE |
| 749685103 | RPM | RPM International Inc | $484,542 | 0.08% | 5,400 | Common | NONE |
| G0403H108 | AON | Aon PLC | $483,280 | 0.08% | 1,400 | Common | NONE |
| 98850P109 | YUMC | Yum China Holdings Inc | $465,278 | 0.08% | 8,235 | Common | NONE |
| 931142103 | WMT | Wal-Mart Stores Inc. | $463,681 | 0.08% | 2,950 | Common | NONE |
| 922908611 | VBR | Vanguard Small Cap Value | $448,738 | 0.07% | 2,713 | Common | NONE |
| 08265T208 | BSY | Bentley Systems | $445,771 | 0.07% | 8,220 | Common | NONE |
| 165167735 | EXE | Chesapeake Energy | $445,596 | 0.07% | 5,325 | Common | NONE |
| H8088L103 | SRAD | Sportradar Group | $445,373 | 0.07% | 34,525 | Common | NONE |
| 502431109 | LHX | L3Harris Technologies | $440,483 | 0.07% | 2,250 | Common | NONE |
| M22465104 | CHKP | Check Point Software Technologies | $419,948 | 0.07% | 3,343 | Common | NONE |
| 830566105 | SKAA | Skechers USA Inc | $416,014 | 0.07% | 7,900 | Common | NONE |
| 465562106 | ITUB | Itau UniBanco Multiplo ADR | $411,301 | 0.07% | 69,712 | Common | NONE |
| 682189105 | ON | On Semiconductor Co | $406,694 | 0.07% | 4,300 | Common | NONE |
| 74955L103 | RGCO | RGC Resources Inc | $400,600 | 0.07% | 20,000 | Common | NONE |
| 231021106 | CMI | Cummins Inc | $395,933 | 0.07% | 1,615 | Common | NONE |
| 452308109 | ITW | Illinois Tool Works Inc | $387,498 | 0.06% | 1,549 | Common | NONE |
| 579780206 | MKC | Mc Cormick & Co Inc N-Vt | $384,248 | 0.06% | 4,405 | Common | SOLE |
| 74982T103 | RXO | RXO ORD WI | $382,103 | 0.06% | 16,855 | Common | NONE |
| 921943858 | VEA | Vanguard FTSE Dev Mkts ETF | $377,154 | 0.06% | 8,167 | Common | NONE |
| 046353108 | AZNN | AstraZeneca PLC | $361,858 | 0.06% | 5,056 | Common | NONE |
| 89677Q107 | TCOM | Trip.com Group Ltd | $358,890 | 0.06% | 10,254 | Common | NONE |
| 46434G822 | EWJ | iShares MSCI Japan Index Fund | $353,140 | 0.06% | 5,705 | Common | NONE |
| 747525103 | QCOM | Qualcomm Inc | $351,168 | 0.06% | 2,950 | Common | NONE |
| 427866108 | HSY | Hershey Foods Corp | $349,830 | 0.06% | 1,401 | Common | NONE |
| 464287556 | IBB | iShares NASDAQ Biotechnology Index Fund | $347,870 | 0.06% | 2,740 | Common | NONE |
| 693506107 | PPG | PPG Industries Inc | $341,387 | 0.06% | 2,302 | Common | NONE |
| 13646K108 | CP | Canadian Pacific Kansas City Ltd | $339,476 | 0.06% | 4,203 | Common | NONE |
| N07059210 | ASML | ASML Holdings NV | $329,761 | 0.05% | 455 | Common | NONE |
| 30303M102 | META | Meta Platforms Inc | $312,808 | 0.05% | 1,090 | Common | NONE |
| 194162103 | CL | Colgate Palmolive Co | $312,474 | 0.05% | 4,056 | Common | NONE |
| 28176E108 | EW | Edwards Lifesciences Corp | $302,328 | 0.05% | 3,205 | Common | NONE |
| 718172109 | PM | Philip Morris International | $297,741 | 0.05% | 3,050 | Common | NONE |
| 525327102 | LDOS | Leidos Holdings Inc | $296,408 | 0.05% | 3,350 | Common | NONE |
| 922908769 | VTI | Vanguard Total Stock Market ETF | $294,696 | 0.05% | 1,338 | Common | NONE |
| 81369Y605 | XLF | Financial Select Sector SPDR Fund | $288,221 | 0.05% | 8,550 | Common | NONE |
| 921909768 | VXUS | Vanguard Total Interntl Stk | $274,741 | 0.05% | 4,899 | Common | NONE |
| 78463V107 | GLD | SPDR Gold Trust | $267,405 | 0.04% | 1,500 | Common | NONE |
| 464287721 | IYW | iShares Trust Dow Jones US Tech Fund | $264,554 | 0.04% | 2,430 | Common | SOLE |
| 803607100 | SRPT | Sarepta Therapeutics Inc | $263,396 | 0.04% | 2,300 | Common | NONE |
| 25243Q205 | DEO | Diageo PLC ADR's | $257,618 | 0.04% | 1,485 | Common | NONE |
| 701094104 | PH | Parker Hannifin Corp | $254,696 | 0.04% | 653 | Common | NONE |
| 92939U106 | WEC | WEC Energy Corp | $238,601 | 0.04% | 2,704 | Common | SOLE |
| 404280406 | HSBC | HSBC PLC Spon ADR | $238,275 | 0.04% | 6,014 | Common | NONE |
| 92343V104 | VZ | Verizon Communications | $232,512 | 0.04% | 6,252 | Common | NONE |
| 26875P101 | EOG | EOG Resources Inc | $224,875 | 0.04% | 1,965 | Common | NONE |
| 036752103 | ELV | Elevance Health Inc | $223,478 | 0.04% | 503 | Common | NONE |
| 101137107 | BSX | Boston Scientific Corp | $222,580 | 0.04% | 4,115 | Common | NONE |
| 751212101 | RL | Ralph Lauren Corp | $221,940 | 0.04% | 1,800 | Common | NONE |
| 126408103 | CSX | C S X Corp | $221,889 | 0.04% | 6,507 | Common | NONE |
| 784117103 | SEIC | S E I Investments Co | $220,594 | 0.04% | 3,700 | Common | NONE |
| 020002101 | ALL | Allstate Corp | $218,625 | 0.04% | 2,005 | Common | NONE |
| 87612E106 | TGT | Target Corporation | $217,899 | 0.04% | 1,652 | Common | NONE |
| 808524805 | SCHF | Schwab International Equity Fund | $217,465 | 0.04% | 6,100 | Common | NONE |
| 11284V105 | — | Brookfield Renewable Corp | $214,399 | 0.04% | 6,802 | Common | NONE |
| 260003108 | DOV | Dover Corp | $214,093 | 0.04% | 1,450 | Common | NONE |
| 922042858 | VWO | Vanguard FTSE Emerging Mkt ETF | $213,346 | 0.04% | 5,244 | Common | NONE |
| 81369Y704 | XLI | Industrial Select Sector SPDR Fund | $203,908 | 0.03% | 1,900 | Common | NONE |
| 45257U108 | IMNM | Immunome, Inc. | $200,867 | 0.03% | 25,394 | Common | NONE |
| 67577C105 | OCGN | Ocugen Inc | $12,220 | 0.00% | 22,500 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.