Q4 2023 · 13F-HR
Baldwin Investment Management, LLCholdings as filed
Filed 2024-02-13 · accession 0001346378-24-000001
$639.8M
Reported value
203
Positions
2023-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670108 | BRK/A | Berkshire Hathaway Inc A | $307.1M | 48.0% | 566 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $14.9M | 2.32% | 39,494 | Common | NONE |
| 037833100 | AAPL | Apple Inc | $13.6M | 2.12% | 70,544 | Common | NONE |
| 11135F101 | AVGO | Broadcom Limited | $9.5M | 1.49% | 8,533 | Common | NONE |
| 46625H100 | JPM | J.P. Morgan Chase & Co | $8.5M | 1.33% | 49,985 | Common | NONE |
| 512807108 | LRCXEUR | Lam Research Corp | $7.7M | 1.21% | 9,864 | Common | NONE |
| 084670702 | BRK/B | Berkshire Hathaway Inc B | $7.3M | 1.15% | 20,587 | Common | NONE |
| 22160K105 | COST | Costco Wholesale Corporation | $6.7M | 1.04% | 10,084 | Common | NONE |
| 67066G104 | NVDA | Nvidia Corp | $6.4M | 1.01% | 13,020 | Common | NONE |
| G54950103 | LIN | Linde PLC | $5.6M | 0.87% | 13,603 | Common | NONE |
| 023135106 | AMZN | Amazon.com Inc | $5.4M | 0.85% | 35,715 | Common | NONE |
| 293792107 | EPD | Enterprise Products Partners | $5.2M | 0.81% | 197,091 | Common | NONE |
| 98978V103 | ZTS | Zoetis Inc | $5.1M | 0.79% | 25,613 | Common | NONE |
| 532457108 | LLY | Eli Lilly & Company | $5.0M | 0.78% | 8,598 | Common | NONE |
| 02079K305 | GOOGL | Alphabet Inc Class A | $4.9M | 0.76% | 34,975 | Common | NONE |
| 92826C839 | V | Visa Inc. | $4.9M | 0.76% | 18,762 | Common | NONE |
| 00287Y109 | ABBV | Abbvie Inc | $4.8M | 0.75% | 31,068 | Common | NONE |
| 00724F101 | ADBE | Adobe Inc | $4.3M | 0.67% | 7,208 | Common | NONE |
| 09247X101 | BLKCHF | Blackrock Inc | $4.2M | 0.66% | 5,187 | Common | NONE |
| 437076102 | HD | Home Depot Inc | $4.1M | 0.64% | 11,741 | Common | NONE |
| G1151C101 | ACN | Accenture Plc | $4.0M | 0.63% | 11,485 | Common | NONE |
| 883556102 | TMO | Thermo Fisher Scientific | $4.0M | 0.62% | 7,523 | Common | NONE |
| 78409V104 | SPGI | S&P Global Inc | $3.9M | 0.60% | 8,769 | Common | NONE |
| 907818108 | UNP | Union Pacific Corp | $3.8M | 0.60% | 15,569 | Common | NONE |
| 92532F100 | VRTX | Vertex Pharmaceuticals | $3.8M | 0.60% | 9,373 | Common | NONE |
| 235851102 | DHR | Danaher Corp | $3.7M | 0.58% | 16,166 | Common | NONE |
| 002824100 | ABT | Abbott Laboratories | $3.5M | 0.55% | 31,966 | Common | NONE |
| 78462F103 | SPY | S&P DEP Receipts | $3.4M | 0.54% | 7,235 | Common | NONE |
| 478160104 | JNJ | Johnson & Johnson | $3.4M | 0.53% | 21,833 | Common | NONE |
| 75513E101 | RTX | RTX Corp | $3.1M | 0.49% | 36,892 | Common | NONE |
| 38141G104 | GS | Goldman Sachs Group Inc | $3.1M | 0.48% | 8,015 | Common | NONE |
| 149123101 | CAT | Caterpillar Inc | $3.0M | 0.46% | 9,993 | Common | NONE |
| 337738108 | FISV | Fiserv Inc | $2.9M | 0.46% | 22,175 | Common | NONE |
| 03027X100 | AMT | American Tower REIT | $2.9M | 0.46% | 13,550 | Common | NONE |
| 46120E602 | ISRG | Intuitive Surgical | $2.9M | 0.45% | 8,488 | Common | NONE |
| 654106103 | NKE | Nike Inc | $2.6M | 0.41% | 24,393 | Common | NONE |
| 30231G102 | XOM | Exxon Mobil Corporation | $2.6M | 0.40% | 25,636 | Common | NONE |
| 713448108 | PEP | Pepsico Inc. | $2.5M | 0.39% | 14,759 | Common | NONE |
| 855244109 | SBUX | Starbucks Corp | $2.5M | 0.39% | 26,081 | Common | NONE |
| 670100205 | NVO | Novo Nordisk | $2.5M | 0.39% | 23,936 | Common | NONE |
| 90384S303 | ULTA | Ulta Beauty Inc. | $2.4M | 0.38% | 4,971 | Common | NONE |
| 548661107 | LOW | Lowes Companies Inc | $2.4M | 0.38% | 10,806 | Common | NONE |
| 892356106 | TSCO | Tractor Supply Company | $2.4M | 0.38% | 11,164 | Common | NONE |
| 02079K107 | GOOG | Alphabet Inc Class C | $2.4M | 0.37% | 16,865 | Common | NONE |
| 21036P108 | STZ | Constellation Brands Inc | $2.3M | 0.37% | 9,680 | Common | NONE |
| 74340W103 | PLD | Prologis Inc | $2.3M | 0.36% | 17,039 | Common | NONE |
| G29183103 | ETN | Eaton Corp | $2.2M | 0.35% | 9,331 | Common | NONE |
| 697435105 | PANW | Palo Alto Networks | $2.2M | 0.35% | 7,589 | Common | NONE |
| 94106L109 | WM | Waste Management Inc | $2.2M | 0.34% | 12,301 | Common | NONE |
| 65339F101 | NEE | Nextera Energy | $2.1M | 0.34% | 35,355 | Common | NONE |
| 580135101 | MCD | McDonald's Corp | $2.1M | 0.32% | 6,986 | Common | NONE |
| 052769106 | ADSK | Autodesk Inc | $2.1M | 0.32% | 8,505 | Common | NONE |
| 592688105 | MTD | Mettler Toledo Intl Inc | $2.0M | 0.31% | 1,659 | Common | NONE |
| 617446448 | MS | Morgan Stanley & Co | $2.0M | 0.31% | 21,447 | Common | NONE |
| 464287804 | IJR | iShares S&P Smallcap 600 | $2.0M | 0.31% | 18,440 | Common | NONE |
| 127055101 | CBT | Cabot Corporation | $2.0M | 0.31% | 23,563 | Common | NONE |
| 438516106 | HON | Honeywell International | $1.9M | 0.30% | 9,227 | Common | NONE |
| 723787107 | PXDEUR | Pioneer Natural Resources | $1.9M | 0.30% | 8,602 | Common | NONE |
| 166764100 | CVX | Chevron Corp. | $1.8M | 0.28% | 12,182 | Common | NONE |
| 17275R102 | CSCO | Cisco Systems Inc | $1.7M | 0.26% | 33,393 | Common | NONE |
| 874039100 | TSM | Taiwan Semiconductor Manufacturing ADR | $1.7M | 0.26% | 16,207 | Common | NONE |
| 45866F104 | ICE | Intercontinental Exchange | $1.7M | 0.26% | 13,056 | Common | NONE |
| 14040H105 | COF | Capital One Financial | $1.7M | 0.26% | 12,652 | Common | NONE |
| 09260D107 | BX | Blackstone Inc | $1.6M | 0.26% | 12,547 | Common | NONE |
| 237194105 | DRI | Darden Restaurants Inc | $1.6M | 0.26% | 9,988 | Common | NONE |
| 872590104 | TMUS | T-Mobile US | $1.6M | 0.25% | 9,860 | Common | NONE |
| 609207105 | MDLZ | Mondelez International | $1.6M | 0.24% | 21,619 | Common | NONE |
| 494368103 | KMB | Kimberly Clark Corp | $1.5M | 0.24% | 12,522 | Common | NONE |
| 91324P102 | UNH | UnitedHealth Group | $1.5M | 0.23% | 2,801 | Common | NONE |
| 244199105 | DE | Deere & Co | $1.5M | 0.23% | 3,687 | Common | NONE |
| N6596X109 | NXPI | NXP Semiconductors N.V. | $1.5M | 0.23% | 6,328 | Common | NONE |
| 456788108 | INFY | Infosys Technologies Ltd | $1.4M | 0.23% | 78,501 | Common | NONE |
| 45104G104 | IBN | Icici Bank Ltd Adr | $1.4M | 0.22% | 60,334 | Common | NONE |
| 872540109 | TJX | TJX Inc | $1.4M | 0.22% | 15,325 | Common | NONE |
| 459200101 | IBM | International Business Machines Corp | $1.4M | 0.21% | 8,405 | Common | NONE |
| 929160109 | VMC | Vulcan Materials Company | $1.3M | 0.21% | 5,864 | Common | NONE |
| 773903109 | ROK | Rockwell Automation | $1.3M | 0.20% | 4,065 | Common | NONE |
| 922908538 | VOT | Vanguard Mid Cap Growth | $1.2M | 0.20% | 5,684 | Common | NONE |
| 20030N101 | CMCSA | Comcast Corp | $1.2M | 0.19% | 28,445 | Common | NONE |
| 08265T208 | BSY | Bentley Systems | $1.2M | 0.19% | 23,750 | Common | NONE |
| H1467J104 | CB | Chubb Corp. | $1.2M | 0.19% | 5,442 | Common | NONE |
| 34959J108 | FTV | Fortive Corp | $1.2M | 0.19% | 16,673 | Common | NONE |
| 502431109 | LHX | L3Harris Technologies | $1.2M | 0.19% | 5,780 | Common | NONE |
| 336433107 | FSLR | First Solar Inc | $1.2M | 0.18% | 6,843 | Common | NONE |
| 783513203 | RYAAY | RyanAir Holdings PLC | $1.2M | 0.18% | 8,808 | Common | NONE |
| 22052L104 | CTVA | Corteva Agriscience Inc | $1.2M | 0.18% | 24,137 | Common | NONE |
| 46137V357 | RSP | Rydex S&P Equal Weight ETF | $1.2M | 0.18% | 7,324 | Common | NONE |
| 539830109 | LMT | Lockheed Martin Corp | $1.1M | 0.18% | 2,535 | Common | NONE |
| 46982L108 | J | Jacobs Solutions Inc | $1.1M | 0.18% | 8,770 | Common | NONE |
| 670346105 | NUE | Nucor Corp | $1.1M | 0.17% | 6,430 | Common | NONE |
| 988498101 | YUM | Yum! Brands Inc | $1.1M | 0.17% | 8,552 | Common | NONE |
| 31428X106 | FDX | FedEx Corp | $1.1M | 0.17% | 4,391 | Common | NONE |
| 009158106 | APD | Air Products and Chemicals Inc | $1.1M | 0.17% | 4,005 | Common | NONE |
| 35671D857 | FCX | Freeport McMoRan | $1.0M | 0.16% | 24,132 | Common | NONE |
| 573874104 | MRVL | Marvell Technology Group | $970,689 | 0.15% | 16,095 | Common | NONE |
| 04010L103 | ARCC | Ares Capital Corp | $958,758 | 0.15% | 47,866 | Common | NONE |
| 25278X109 | FANG | Diamondback Energy | $956,844 | 0.15% | 6,170 | Common | NONE |
| 12572Q105 | CME | CME Group Inc | $954,650 | 0.15% | 4,533 | Common | NONE |
| 742718109 | PG | Procter & Gamble Co. | $930,382 | 0.15% | 6,349 | Common | NONE |
| 110122108 | BMY | Bristol-Myers Squibb | $930,199 | 0.15% | 18,129 | Common | NONE |
| 68389X105 | ORCL | Oracle Corp | $921,247 | 0.14% | 8,738 | Common | NONE |
| 922908512 | VOE | Vanguard Mid Cap Value | $916,318 | 0.14% | 6,319 | Common | NONE |
| 14448C104 | CARR | Carrier Global Corp | $909,261 | 0.14% | 15,827 | Common | NONE |
| 808524797 | SCHD | Schwab US Dividend Equity ETF | $897,651 | 0.14% | 11,791 | Common | NONE |
| G8994E103 | TT | Trane Technologies Plc | $870,723 | 0.14% | 3,570 | Common | NONE |
| 58155Q103 | MCK | McKesson Corp | $840,309 | 0.13% | 1,815 | Common | NONE |
| 81369Y803 | XLK | Technology Select Sector SPDR Fund | $820,927 | 0.13% | 4,265 | Common | NONE |
| 26441C204 | DUK | Duke Energy Corp. | $803,685 | 0.13% | 8,282 | Common | NONE |
| 58933Y105 | MRK | Merck & Co Inc | $776,222 | 0.12% | 7,120 | Common | NONE |
| 025816109 | AXP | American Express Co | $769,967 | 0.12% | 4,110 | Common | NONE |
| G39387108 | GFS | GlobalFoundries Inc | $765,984 | 0.12% | 12,640 | Common | NONE |
| 05722G100 | BKR | Baker Hughes Co | $759,411 | 0.12% | 22,218 | Common | NONE |
| 57636Q104 | MA | Mastercard Inc | $756,202 | 0.12% | 1,773 | Common | NONE |
| G16258108 | BEP | Brookfield Renewable Partners LP | $745,091 | 0.12% | 28,352 | Common | NONE |
| 82509L107 | SHOP | Shopify Inc | $718,394 | 0.11% | 9,222 | Common | NONE |
| 053015103 | ADP | Automatic Data Processing Inc | $710,559 | 0.11% | 3,050 | Common | NONE |
| 46266C105 | IQV | Iqvia Holdings Inc | $709,874 | 0.11% | 3,068 | Common | NONE |
| 060505104 | BAC | Bank of America Corp | $696,969 | 0.11% | 20,700 | Common | NONE |
| 68902V107 | OTIS | Otis Worldwide Corp | $691,872 | 0.11% | 7,733 | Common | NONE |
| 693475105 | PNC | PNC Financial Services Group Inc | $691,560 | 0.11% | 4,466 | Common | NONE |
| 46429B598 | INDA | Ishares MSCI India Index | $664,060 | 0.10% | 13,605 | Common | NONE |
| 921908844 | VIG | Vanguard Dividend Appreciation ETF | $650,457 | 0.10% | 3,817 | Common | NONE |
| 842587107 | SO | Southern Company | $617,056 | 0.10% | 8,800 | Common | NONE |
| 172908105 | CTAS | Cintas Corp | $602,660 | 0.09% | 1,000 | Common | NONE |
| 45778Q107 | NSP | Insperity Inc | $602,511 | 0.09% | 5,140 | Common | NONE |
| 254687106 | DIS | Walt Disney Co | $601,151 | 0.09% | 6,658 | Common | NONE |
| 780259305 | SHEL | SHELL ADR EACH REP 2 ORD WI | $594,108 | 0.09% | 9,029 | Common | NONE |
| 749685103 | RPM | RPM International Inc | $591,639 | 0.09% | 5,300 | Common | NONE |
| 097023105 | BA | Boeing Co | $582,314 | 0.09% | 2,234 | Common | NONE |
| 191216100 | KO | Coca Cola Co. | $576,630 | 0.09% | 9,785 | Common | NONE |
| 127097103 | CTRA | Coterra Energy Inc | $564,630 | 0.09% | 22,125 | Common | NONE |
| 704326107 | PAYX | Paychex Inc | $559,817 | 0.09% | 4,700 | Common | NONE |
| 464287176 | TIP | iShares TIPS Bond Fund | $558,948 | 0.09% | 5,200 | Common | SOLE |
| 74144T108 | TROW | T Rowe Price Group Inc | $554,927 | 0.09% | 5,153 | Common | NONE |
| 922908611 | VBR | Vanguard Small Cap Value | $542,381 | 0.08% | 3,014 | Common | NONE |
| 30303M102 | META | Meta Platforms Inc | $504,393 | 0.08% | 1,425 | Common | NONE |
| 830566105 | SKAA | Skechers USA Inc | $492,486 | 0.08% | 7,900 | Common | NONE |
| 922908629 | VO | Vanguard Mid-Cap ETF | $490,733 | 0.08% | 2,109 | Common | NONE |
| 465562106 | ITUB | Itau UniBanco Multiplo ADR | $484,498 | 0.08% | 69,712 | Common | NONE |
| M22465104 | CHKP | Check Point Software Technologies | $480,219 | 0.08% | 3,143 | Common | NONE |
| N07059210 | ASML | ASML Holdings NV | $469,290 | 0.07% | 620 | Common | NONE |
| 91879Q109 | MTN | Vail Resorts Inc | $465,365 | 0.07% | 2,180 | Common | NONE |
| 882508104 | TXN | Texas Instruments, Inc. | $465,356 | 0.07% | 2,730 | Common | NONE |
| 931142103 | WMT | Wal-Mart Stores Inc. | $459,550 | 0.07% | 2,915 | Common | NONE |
| 26969P108 | EXP | Eagle Materials Inc | $452,333 | 0.07% | 2,230 | Common | NONE |
| 717081103 | PFE | Pfizer Inc. | $444,748 | 0.07% | 15,448 | Common | NONE |
| 871829107 | SYY | Sysco Corp | $424,885 | 0.07% | 5,810 | Common | NONE |
| 126650100 | CVS | CVS Corp | $412,803 | 0.06% | 5,228 | Common | NONE |
| 36262G101 | GXO | GXO Logistics Inc | $411,118 | 0.06% | 6,722 | Common | NONE |
| 682189105 | ON | On Semiconductor Co | $410,132 | 0.06% | 4,910 | Common | NONE |
| G0403H108 | AON | Aon PLC | $407,428 | 0.06% | 1,400 | Common | NONE |
| 056752108 | BIDU | Baidu Inc ADR | $398,356 | 0.06% | 3,345 | Common | NONE |
| H8088L103 | SRAD | Sportradar Group | $379,844 | 0.06% | 34,375 | Common | NONE |
| 452308109 | ITW | Illinois Tool Works Inc | $379,551 | 0.06% | 1,449 | Common | NONE |
| 48251W104 | KKR | KKR & Co LP | $372,825 | 0.06% | 4,500 | Common | NONE |
| 89677Q107 | TCOM | Trip.com Group Ltd | $369,247 | 0.06% | 10,254 | Common | NONE |
| 231021106 | CMI | Cummins Inc | $368,938 | 0.06% | 1,540 | Common | NONE |
| 46434G822 | EWJ | iShares MSCI Japan Index Fund | $365,919 | 0.06% | 5,705 | Common | NONE |
| 74982T103 | RXO | RXO ORD WI | $362,972 | 0.06% | 15,605 | Common | NONE |
| 525327102 | LDOS | Leidos Holdings Inc | $354,486 | 0.06% | 3,275 | Common | NONE |
| 922908769 | VTI | Vanguard Total Stock Market ETF | $347,327 | 0.05% | 1,464 | Common | NONE |
| 921943858 | VEA | Vanguard FTSE Dev Mkts ETF | $345,952 | 0.05% | 7,222 | Common | NONE |
| 194162103 | CL | Colgate Palmolive Co | $339,246 | 0.05% | 4,256 | Common | NONE |
| 464287556 | IBB | iShares NASDAQ Biotechnology Index Fund | $336,908 | 0.05% | 2,480 | Common | NONE |
| 74955L103 | RGCO | RGC Resources Inc | $335,610 | 0.05% | 16,500 | Common | NONE |
| 046353108 | AZNN | AstraZeneca PLC | $333,787 | 0.05% | 4,956 | Common | NONE |
| 13646K108 | CP | Canadian Pacific Kansas City Ltd | $332,289 | 0.05% | 4,203 | Common | NONE |
| 92338C103 | VLTO | VERALTO ORD WI | $329,698 | 0.05% | 4,008 | Common | NONE |
| 693506107 | PPG | PPG Industries Inc | $329,010 | 0.05% | 2,200 | Common | NONE |
| 701094104 | PH | Parker Hannifin Corp | $300,837 | 0.05% | 653 | Common | NONE |
| 78463V107 | GLD | SPDR Gold Trust | $296,314 | 0.05% | 1,550 | Common | NONE |
| 36266G107 | GEHC | GE Healthcare Technologies | $294,744 | 0.05% | 3,812 | Common | NONE |
| 808524805 | SCHF | Schwab International Equity Fund | $293,610 | 0.05% | 7,944 | Common | NONE |
| 81369Y605 | XLF | Financial Select Sector SPDR Fund | $292,152 | 0.05% | 7,770 | Common | NONE |
| 921909768 | VXUS | Vanguard Total Interntl Stk | $290,619 | 0.05% | 5,014 | Common | NONE |
| 101137107 | BSX | Boston Scientific Corp | $290,495 | 0.05% | 5,025 | Common | NONE |
| 165167735 | EXE | Chesapeake Energy | $288,525 | 0.05% | 3,750 | Common | NONE |
| 579780206 | MKC | Mc Cormick & Co Inc N-Vt | $287,706 | 0.04% | 4,205 | Common | SOLE |
| 500754106 | KHC | Kraft Heinz Co | $273,282 | 0.04% | 7,390 | Common | NONE |
| 45257U108 | IMNM | Immunome, Inc. | $271,716 | 0.04% | 25,394 | Common | NONE |
| 922042858 | VWO | Vanguard FTSE Emerging Mkt ETF | $262,690 | 0.04% | 6,391 | Common | NONE |
| 427866108 | HSY | Hershey Foods Corp | $261,202 | 0.04% | 1,401 | Common | NONE |
| 464287721 | IYW | iShares Trust Dow Jones US Tech Fund | $249,183 | 0.04% | 2,030 | Common | SOLE |
| 020002101 | ALL | Allstate Corp | $245,665 | 0.04% | 1,755 | Common | NONE |
| 25243Q205 | DEO | Diageo PLC ADR's | $245,437 | 0.04% | 1,685 | Common | NONE |
| 404280406 | HSBC | HSBC PLC Spon ADR | $243,808 | 0.04% | 6,014 | Common | NONE |
| 718172109 | PM | Philip Morris International | $239,904 | 0.04% | 2,550 | Common | NONE |
| 92343V104 | VZ | Verizon Communications | $237,585 | 0.04% | 6,302 | Common | NONE |
| 28176E108 | EW | Edwards Lifesciences Corp | $232,944 | 0.04% | 3,055 | Common | NONE |
| 751212101 | RL | Ralph Lauren Corp | $230,720 | 0.04% | 1,600 | Common | NONE |
| 81369Y704 | XLI | Industrial Select Sector SPDR Fund | $230,260 | 0.04% | 2,020 | Common | NONE |
| 126408103 | CSX | C S X Corp | $228,718 | 0.04% | 6,597 | Common | NONE |
| 92939U106 | WEC | WEC Energy Corp | $227,596 | 0.04% | 2,704 | Common | SOLE |
| 824348106 | SHW | Sherwin Williams Co | $223,632 | 0.03% | 717 | Common | NONE |
| 260003108 | DOV | Dover Corp | $223,025 | 0.03% | 1,450 | Common | NONE |
| 803607100 | SRPT | Sarepta Therapeutics Inc | $221,789 | 0.03% | 2,300 | Common | NONE |
| 00846U101 | A | Agilent Technologies Inc | $219,945 | 0.03% | 1,582 | Common | NONE |
| 26875P101 | EOG | EOG Resources Inc | $219,524 | 0.03% | 1,815 | Common | NONE |
| 98419M100 | XYL | Xylem Inc | $218,313 | 0.03% | 1,909 | Common | NONE |
| 693718108 | PCAR | Paccar Inc | $217,564 | 0.03% | 2,228 | Common | NONE |
| 666807102 | NOC | Northrop Grumman Corp | $210,663 | 0.03% | 450 | Common | NONE |
| 458140100 | INTC | Intel Corp | $206,025 | 0.03% | 4,100 | Common | NONE |
| 67577C105 | OCGN | Ocugen Inc | $12,938 | 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.