Q3 2023 · 13F-HR
Baldwin Investment Management, LLCholdings as filed
Filed 2023-11-14 · accession 0001346378-23-000005
$598.1M
Reported value
192
Positions
2023-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670108 | BRK/A | Berkshire Hathaway Inc A | $301.3M | 50.4% | 567 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $12.1M | 2.02% | 38,244 | Common | NONE |
| 037833100 | AAPL | Apple Inc | $11.8M | 1.97% | 68,930 | Common | NONE |
| 46625H100 | JPM | J.P. Morgan Chase & Co | $7.3M | 1.22% | 50,175 | Common | NONE |
| 11135F101 | AVGO | Broadcom Limited | $6.9M | 1.16% | 8,336 | Common | NONE |
| 084670702 | BRK/B | Berkshire Hathaway Inc B | $6.7M | 1.12% | 19,199 | Common | NONE |
| 512807108 | LRCXEUR | Lam Research Corp | $6.2M | 1.03% | 9,838 | Common | NONE |
| 67066G104 | NVDA | Nvidia Corp | $5.7M | 0.95% | 13,040 | Common | NONE |
| 22160K105 | COST | Costco Wholesale Corporation | $5.6M | 0.94% | 9,979 | Common | NONE |
| 293792107 | EPD | Enterprise Products Partners | $5.4M | 0.90% | 197,291 | Common | NONE |
| G54950103 | LIN | Linde PLC | $5.0M | 0.84% | 13,528 | Common | NONE |
| 00287Y109 | ABBV | Abbvie Inc | $4.9M | 0.81% | 32,593 | Common | NONE |
| 532457108 | LLY | Eli Lilly & Company | $4.7M | 0.79% | 8,741 | Common | NONE |
| 98978V103 | ZTS | Zoetis Inc | $4.4M | 0.74% | 25,393 | Common | NONE |
| 023135106 | AMZN | Amazon.com Inc | $4.4M | 0.73% | 34,280 | Common | NONE |
| 02079K305 | GOOGL | Alphabet Inc Class A | $4.3M | 0.72% | 33,085 | Common | NONE |
| 92826C839 | V | Visa Inc. | $4.3M | 0.72% | 18,747 | Common | NONE |
| 235851102 | DHR | Danaher Corp | $3.8M | 0.64% | 15,413 | Common | NONE |
| 883556102 | TMO | Thermo Fisher Scientific | $3.7M | 0.62% | 7,333 | Common | NONE |
| 00724F101 | ADBE | Adobe Inc | $3.7M | 0.61% | 7,160 | Common | NONE |
| 437076102 | HD | Home Depot Inc | $3.5M | 0.59% | 11,691 | Common | NONE |
| 478160104 | JNJ | Johnson & Johnson | $3.5M | 0.59% | 22,634 | Common | NONE |
| G1151C101 | ACN | Accenture Plc | $3.5M | 0.58% | 11,235 | Common | NONE |
| 002824100 | ABT | Abbott Laboratories | $3.3M | 0.56% | 34,466 | Common | NONE |
| 09247X101 | BLKCHF | Blackrock Inc | $3.2M | 0.54% | 4,997 | Common | NONE |
| 78409V104 | SPGI | S&P Global Inc | $3.1M | 0.53% | 8,609 | Common | NONE |
| 907818108 | UNP | Union Pacific Corp | $3.1M | 0.53% | 15,439 | Common | NONE |
| 92532F100 | VRTX | Vertex Pharmaceuticals | $3.1M | 0.52% | 9,026 | Common | NONE |
| 78462F103 | SPY | S&P DEP Receipts | $3.1M | 0.52% | 7,335 | Common | NONE |
| 75513E101 | RTX | RTX Corp | $3.0M | 0.50% | 41,481 | Common | NONE |
| 30231G102 | XOM | Exxon Mobil Corporation | $2.9M | 0.49% | 24,726 | Common | NONE |
| 149123101 | CAT | Caterpillar Inc | $2.7M | 0.46% | 9,983 | Common | NONE |
| 65339F101 | NEE | Nextera Energy | $2.6M | 0.44% | 45,953 | Common | NONE |
| 337738108 | FISV | Fiserv Inc | $2.6M | 0.43% | 22,825 | Common | NONE |
| 892356106 | TSCO | Tractor Supply Company | $2.5M | 0.42% | 12,514 | Common | NONE |
| 38141G104 | GS | Goldman Sachs Group Inc | $2.5M | 0.42% | 7,815 | Common | NONE |
| 713448108 | PEP | Pepsico Inc. | $2.5M | 0.42% | 14,854 | Common | NONE |
| 654106103 | NKE | Nike Inc | $2.4M | 0.40% | 24,968 | Common | NONE |
| 855244109 | SBUX | Starbucks Corp | $2.4M | 0.40% | 26,031 | Common | NONE |
| 21036P108 | STZ | Constellation Brands Inc | $2.4M | 0.39% | 9,395 | Common | NONE |
| 548661107 | LOW | Lowes Companies Inc | $2.2M | 0.37% | 10,605 | Common | NONE |
| 46120E602 | ISRG | Intuitive Surgical | $2.2M | 0.37% | 7,497 | Common | NONE |
| 02079K107 | GOOG | Alphabet Inc Class C | $2.2M | 0.36% | 16,440 | Common | NONE |
| 670100205 | NVO | Novo Nordisk | $2.2M | 0.36% | 23,736 | Common | NONE |
| G39387108 | GFS | GlobalFoundries Inc | $2.1M | 0.36% | 36,801 | Common | NONE |
| 723787107 | PXDEUR | Pioneer Natural Resources | $2.1M | 0.36% | 9,312 | Common | NONE |
| 03027X100 | AMT | American Tower REIT | $2.1M | 0.35% | 12,745 | Common | NONE |
| 166764100 | CVX | Chevron Corp. | $2.1M | 0.34% | 12,182 | Common | NONE |
| 90384S303 | ULTA | Ulta Beauty Inc. | $2.0M | 0.34% | 5,096 | Common | NONE |
| 110122108 | BMY | Bristol-Myers Squibb | $1.9M | 0.32% | 33,314 | Common | NONE |
| 94106L109 | WM | Waste Management Inc | $1.9M | 0.32% | 12,401 | Common | NONE |
| 580135101 | MCD | McDonald's Corp | $1.8M | 0.31% | 6,986 | Common | NONE |
| 592688105 | MTD | Mettler Toledo Intl Inc | $1.8M | 0.31% | 1,659 | Common | NONE |
| 74340W103 | PLD | Prologis Inc | $1.8M | 0.31% | 16,378 | Common | NONE |
| 17275R102 | CSCO | Cisco Systems Inc | $1.8M | 0.31% | 34,018 | Common | NONE |
| 22052L104 | CTVA | Corteva Agriscience Inc | $1.8M | 0.30% | 34,892 | Common | NONE |
| G29183103 | ETN | Eaton Corp | $1.8M | 0.30% | 8,351 | Common | NONE |
| 052769106 | ADSK | Autodesk Inc | $1.8M | 0.29% | 8,485 | Common | NONE |
| 464287804 | IJR | iShares S&P Smallcap 600 | $1.7M | 0.29% | 18,440 | Common | NONE |
| 45866F104 | ICE | Intercontinental Exchange | $1.7M | 0.29% | 15,706 | Common | NONE |
| 617446448 | MS | Morgan Stanley & Co | $1.7M | 0.29% | 21,032 | Common | NONE |
| 697435105 | PANW | Palo Alto Networks | $1.7M | 0.29% | 7,294 | Common | NONE |
| 438516106 | HON | Honeywell International | $1.7M | 0.28% | 8,952 | Common | NONE |
| 127055101 | CBT | Cabot Corporation | $1.6M | 0.28% | 23,788 | Common | NONE |
| 494368103 | KMB | Kimberly Clark Corp | $1.6M | 0.26% | 12,919 | Common | NONE |
| 609207105 | MDLZ | Mondelez International | $1.5M | 0.25% | 21,119 | Common | NONE |
| 237194105 | DRI | Darden Restaurants Inc | $1.4M | 0.24% | 9,928 | Common | NONE |
| 874039100 | TSM | Taiwan Semiconductor Manufacturing ADR | $1.4M | 0.24% | 16,282 | Common | NONE |
| 45104G104 | IBN | Icici Bank Ltd Adr | $1.4M | 0.23% | 60,334 | Common | NONE |
| 872590104 | TMUS | T-Mobile US | $1.3M | 0.23% | 9,620 | Common | NONE |
| 456788108 | INFY | Infosys Technologies Ltd | $1.3M | 0.22% | 78,501 | Common | NONE |
| 09260D107 | BX | Blackstone Inc | $1.3M | 0.22% | 12,472 | Common | NONE |
| 91324P102 | UNH | UnitedHealth Group | $1.3M | 0.22% | 2,641 | Common | NONE |
| 20030N101 | CMCSA | Comcast Corp | $1.3M | 0.21% | 28,795 | Common | NONE |
| 46982L108 | J | Jacobs Solutions Inc | $1.2M | 0.21% | 9,155 | Common | NONE |
| 14040H105 | COF | Capital One Financial | $1.2M | 0.21% | 12,777 | Common | NONE |
| 459200101 | IBM | International Business Machines Corp | $1.2M | 0.20% | 8,505 | Common | NONE |
| 244199105 | DE | Deere & Co | $1.2M | 0.20% | 3,140 | Common | NONE |
| 929160109 | VMC | Vulcan Materials Company | $1.2M | 0.20% | 5,864 | Common | NONE |
| 773903109 | ROK | Rockwell Automation | $1.2M | 0.19% | 4,065 | Common | NONE |
| N6596X109 | NXPI | NXP Semiconductors N.V. | $1.1M | 0.19% | 5,678 | Common | NONE |
| 31428X106 | FDX | FedEx Corp | $1.1M | 0.19% | 4,281 | Common | NONE |
| H1467J104 | CB | Chubb Corp. | $1.1M | 0.19% | 5,367 | Common | NONE |
| 009158106 | APD | Air Products and Chemicals Inc | $1.1M | 0.19% | 3,936 | Common | NONE |
| 34959J108 | FTV | Fortive Corp | $1.1M | 0.19% | 15,024 | Common | NONE |
| 922908538 | VOT | Vanguard Mid Cap Growth | $1.1M | 0.19% | 5,684 | Common | NONE |
| 988498101 | YUM | Yum! Brands Inc | $1.1M | 0.18% | 8,852 | Common | NONE |
| 872540109 | TJX | TJX Inc | $1.1M | 0.18% | 12,275 | Common | NONE |
| 46137V357 | RSP | Rydex S&P Equal Weight ETF | $1.0M | 0.18% | 7,396 | Common | NONE |
| 336433107 | FSLR | First Solar Inc | $996,687 | 0.17% | 6,168 | Common | NONE |
| 573874104 | MRVL | Marvell Technology Group | $972,716 | 0.16% | 17,970 | Common | NONE |
| 25278X109 | FANG | Diamondback Energy | $943,994 | 0.16% | 6,095 | Common | NONE |
| 539830109 | LMT | Lockheed Martin Corp | $940,608 | 0.16% | 2,300 | Common | NONE |
| 12572Q105 | CME | CME Group Inc | $917,608 | 0.15% | 4,583 | Common | NONE |
| 670346105 | NUE | Nucor Corp | $913,084 | 0.15% | 5,840 | Common | NONE |
| 808524797 | SCHD | Schwab US Dividend Equity ETF | $906,684 | 0.15% | 12,814 | Common | NONE |
| 742718109 | PG | Procter & Gamble Co. | $900,540 | 0.15% | 6,174 | Common | NONE |
| 14448C104 | CARR | Carrier Global Corp | $895,730 | 0.15% | 16,227 | Common | NONE |
| 04010L103 | ARCC | Ares Capital Corp | $889,012 | 0.15% | 45,661 | Common | NONE |
| 68389X105 | ORCL | Oracle Corp | $859,329 | 0.14% | 8,113 | Common | NONE |
| 502431109 | LHX | L3Harris Technologies | $858,412 | 0.14% | 4,930 | Common | NONE |
| 783513203 | RYAAY | RyanAir Holdings PLC | $856,226 | 0.14% | 8,808 | Common | NONE |
| 35671D857 | FCX | Freeport McMoRan | $838,354 | 0.14% | 22,482 | Common | NONE |
| 922908512 | VOE | Vanguard Mid Cap Value | $827,536 | 0.14% | 6,319 | Common | NONE |
| 81369Y803 | XLK | Technology Select Sector SPDR Fund | $797,519 | 0.13% | 4,865 | Common | NONE |
| 58155Q103 | MCK | McKesson Corp | $795,776 | 0.13% | 1,830 | Common | NONE |
| 26441C204 | DUK | Duke Energy Corp. | $744,208 | 0.12% | 8,432 | Common | NONE |
| 053015103 | ADP | Automatic Data Processing Inc | $733,769 | 0.12% | 3,050 | Common | NONE |
| 05722G100 | BKR | Baker Hughes Co | $725,579 | 0.12% | 20,543 | Common | NONE |
| G8994E103 | TT | Trane Technologies Plc | $724,389 | 0.12% | 3,570 | Common | NONE |
| 921908844 | VIG | Vanguard Dividend Appreciation ETF | $714,925 | 0.12% | 4,601 | Common | NONE |
| 191216100 | KO | Coca Cola Co. | $698,910 | 0.12% | 12,485 | Common | NONE |
| 882508104 | TXN | Texas Instruments, Inc. | $690,103 | 0.12% | 4,340 | Common | NONE |
| 704326107 | PAYX | Paychex Inc | $686,214 | 0.11% | 5,950 | Common | NONE |
| 693475105 | PNC | PNC Financial Services Group Inc | $682,110 | 0.11% | 5,556 | Common | NONE |
| 36262G101 | GXO | GXO Logistics Inc | $676,645 | 0.11% | 11,537 | Common | NONE |
| 58933Y105 | MRK | Merck & Co Inc | $676,382 | 0.11% | 6,570 | Common | NONE |
| 23204G100 | CUBI | Customers Bancorp Inc | $667,538 | 0.11% | 19,377 | Common | NONE |
| 126650100 | CVS | CVS Corp | $661,754 | 0.11% | 9,478 | Common | NONE |
| 254687106 | DIS | Walt Disney Co | $640,943 | 0.11% | 7,908 | Common | NONE |
| 060505104 | BAC | Bank of America Corp | $627,002 | 0.10% | 22,900 | Common | NONE |
| 57636Q104 | MA | Mastercard Inc | $624,746 | 0.10% | 1,578 | Common | NONE |
| 68902V107 | OTIS | Otis Worldwide Corp | $621,037 | 0.10% | 7,733 | Common | NONE |
| G16258108 | BEP | Brookfield Renewable Partners LP | $616,372 | 0.10% | 28,352 | Common | NONE |
| 025816109 | AXP | American Express Co | $613,171 | 0.10% | 4,110 | Common | NONE |
| 46429B598 | INDA | Ishares MSCI India Index | $601,613 | 0.10% | 13,605 | Common | NONE |
| 46266C105 | IQV | Iqvia Holdings Inc | $582,970 | 0.10% | 2,963 | Common | NONE |
| 780259305 | SHEL | SHELL ADR EACH REP 2 ORD WI | $581,287 | 0.10% | 9,029 | Common | NONE |
| 74144T108 | TROW | T Rowe Price Group Inc | $540,395 | 0.09% | 5,153 | Common | NONE |
| 464287176 | TIP | iShares TIPS Bond Fund | $539,344 | 0.09% | 5,200 | Common | SOLE |
| 45778Q107 | NSP | Insperity Inc | $536,800 | 0.09% | 5,500 | Common | NONE |
| 717081103 | PFE | Pfizer Inc. | $522,361 | 0.09% | 15,748 | Common | NONE |
| 749685103 | RPM | RPM International Inc | $511,974 | 0.09% | 5,400 | Common | NONE |
| 82509L107 | SHOP | Shopify Inc | $503,245 | 0.08% | 9,222 | Common | NONE |
| 842587107 | SO | Southern Company | $483,782 | 0.08% | 7,475 | Common | NONE |
| 172908105 | CTAS | Cintas Corp | $481,010 | 0.08% | 1,000 | Common | NONE |
| 922908629 | VO | Vanguard Mid-Cap ETF | $480,026 | 0.08% | 2,305 | Common | NONE |
| 931142103 | WMT | Wal-Mart Stores Inc. | $471,794 | 0.08% | 2,950 | Common | NONE |
| G0403H108 | AON | Aon PLC | $453,908 | 0.08% | 1,400 | Common | NONE |
| 922908611 | VBR | Vanguard Small Cap Value | $446,675 | 0.07% | 2,801 | Common | NONE |
| 682189105 | ON | On Semiconductor Co | $432,218 | 0.07% | 4,650 | Common | NONE |
| 08265T208 | BSY | Bentley Systems | $423,601 | 0.07% | 8,445 | Common | NONE |
| M22465104 | CHKP | Check Point Software Technologies | $418,899 | 0.07% | 3,143 | Common | NONE |
| 921943858 | VEA | Vanguard FTSE Dev Mkts ETF | $404,209 | 0.07% | 9,245 | Common | NONE |
| 830566105 | SKAA | Skechers USA Inc | $386,705 | 0.06% | 7,900 | Common | NONE |
| 871829107 | SYY | Sysco Corp | $383,751 | 0.06% | 5,810 | Common | NONE |
| 465562106 | ITUB | Itau UniBanco Multiplo ADR | $374,353 | 0.06% | 69,712 | Common | NONE |
| 231021106 | CMI | Cummins Inc | $368,963 | 0.06% | 1,615 | Common | NONE |
| 165167735 | EXE | Chesapeake Energy | $368,633 | 0.06% | 4,275 | Common | NONE |
| 89677Q107 | TCOM | Trip.com Group Ltd | $358,582 | 0.06% | 10,254 | Common | NONE |
| H8088L103 | SRAD | Sportradar Group | $356,106 | 0.06% | 35,575 | Common | NONE |
| 74955L103 | RGCO | RGC Resources Inc | $346,000 | 0.06% | 20,000 | Common | NONE |
| 46434G822 | EWJ | iShares MSCI Japan Index Fund | $343,954 | 0.06% | 5,705 | Common | NONE |
| 046353108 | AZNN | AstraZeneca PLC | $335,620 | 0.06% | 4,956 | Common | NONE |
| 452308109 | ITW | Illinois Tool Works Inc | $333,719 | 0.06% | 1,449 | Common | NONE |
| 464287556 | IBB | iShares NASDAQ Biotechnology Index Fund | $330,794 | 0.06% | 2,705 | Common | NONE |
| 30303M102 | META | Meta Platforms Inc | $328,730 | 0.05% | 1,095 | Common | NONE |
| 579780206 | MKC | Mc Cormick & Co Inc N-Vt | $318,066 | 0.05% | 4,205 | Common | SOLE |
| 13646K108 | CP | Canadian Pacific Kansas City Ltd | $312,745 | 0.05% | 4,203 | Common | NONE |
| 922908769 | VTI | Vanguard Total Stock Market ETF | $310,292 | 0.05% | 1,461 | Common | NONE |
| 525327102 | LDOS | Leidos Holdings Inc | $308,736 | 0.05% | 3,350 | Common | NONE |
| 74982T103 | RXO | RXO ORD WI | $307,887 | 0.05% | 15,605 | Common | NONE |
| N07059210 | ASML | ASML Holdings NV | $306,103 | 0.05% | 520 | Common | NONE |
| 194162103 | CL | Colgate Palmolive Co | $302,644 | 0.05% | 4,256 | Common | NONE |
| 693506107 | PPG | PPG Industries Inc | $285,560 | 0.05% | 2,200 | Common | NONE |
| 26969P108 | EXP | Eagle Materials Inc | $283,917 | 0.05% | 1,705 | Common | NONE |
| 718172109 | PM | Philip Morris International | $282,369 | 0.05% | 3,050 | Common | NONE |
| 427866108 | HSY | Hershey Foods Corp | $280,312 | 0.05% | 1,401 | Common | NONE |
| 803607100 | SRPT | Sarepta Therapeutics Inc | $278,806 | 0.05% | 2,300 | Common | NONE |
| 500754106 | KHC | Kraft Heinz Co | $276,353 | 0.05% | 8,215 | Common | NONE |
| 81369Y605 | XLF | Financial Select Sector SPDR Fund | $274,316 | 0.05% | 8,270 | Common | NONE |
| 808524805 | SCHF | Schwab International Equity Fund | $271,374 | 0.05% | 7,991 | Common | NONE |
| 921909768 | VXUS | Vanguard Total Interntl Stk | $268,437 | 0.04% | 5,016 | Common | NONE |
| 78463V107 | GLD | SPDR Gold Trust | $257,175 | 0.04% | 1,500 | Common | NONE |
| 464287721 | IYW | iShares Trust Dow Jones US Tech Fund | $254,956 | 0.04% | 2,430 | Common | SOLE |
| 701094104 | PH | Parker Hannifin Corp | $254,357 | 0.04% | 653 | Common | NONE |
| 922042858 | VWO | Vanguard FTSE Emerging Mkt ETF | $244,467 | 0.04% | 6,235 | Common | NONE |
| 101137107 | BSX | Boston Scientific Corp | $238,920 | 0.04% | 4,525 | Common | NONE |
| 404280406 | HSBC | HSBC PLC Spon ADR | $237,312 | 0.04% | 6,014 | Common | NONE |
| 98850P109 | YUMC | Yum China Holdings Inc | $235,974 | 0.04% | 4,235 | Common | NONE |
| 26875P101 | EOG | EOG Resources Inc | $230,069 | 0.04% | 1,815 | Common | NONE |
| 25243Q205 | DEO | Diageo PLC ADR's | $221,532 | 0.04% | 1,485 | Common | NONE |
| 92939U106 | WEC | WEC Energy Corp | $217,807 | 0.04% | 2,704 | Common | SOLE |
| 28176E108 | EW | Edwards Lifesciences Corp | $215,114 | 0.04% | 3,105 | Common | NONE |
| 45257U108 | IMNM | Immunome, Inc. | $212,040 | 0.04% | 25,394 | Common | NONE |
| 784117103 | SEIC | S E I Investments Co | $210,805 | 0.04% | 3,500 | Common | NONE |
| 134429109 | CPB | Campbell Soup Co | $209,631 | 0.04% | 5,103 | Common | NONE |
| 751212101 | RL | Ralph Lauren Corp | $208,962 | 0.03% | 1,800 | Common | NONE |
| 81369Y704 | XLI | Industrial Select Sector SPDR Fund | $204,788 | 0.03% | 2,020 | Common | NONE |
| 260003108 | DOV | Dover Corp | $202,290 | 0.03% | 1,450 | Common | NONE |
| 126408103 | CSX | C S X Corp | $200,090 | 0.03% | 6,507 | Common | NONE |
| 67577C105 | OCGN | Ocugen Inc | $9,000 | 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.