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Baldwin Investment Management, LLC

Q1 2026 · 13F-HR

Baldwin Investment Management, LLCholdings as filed

Filed 2026-05-12 · accession 0001346378-26-000002

$855.7M
Reported value
210
Positions
2026-03-31
Period end
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The Brief · Baldwin Investment Management, LLC · Q1 2026

AI · grounded in 13F

Baldwin Investment Management, LLC increased its position in ADSK by 120.55% and nearly doubled its stake in DELL with a 96.72% increase. The fund also accumulated shares of COST by 1.98%. Conversely, it trimmed holdings in LRCX by 9.72% and AVGO by 2.80%.

Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
084670108BRK/ABerkshire Hathaway Inc A$398.6M46.6%555CommonSOLE
11135F101AVGOBroadcom Limited$22.1M2.58%71,361CommonSOLE
67066G104NVDANvidia Corp$19.9M2.33%114,277CommonSOLE
512807306LRCXLam Research Corp$18.9M2.21%88,594CommonSOLE
037833100AAPLApple Inc$17.9M2.09%70,571CommonSOLE
46625H100JPMJ.P. Morgan Chase & Co$14.2M1.66%48,174CommonSOLE
594918104MSFTMicrosoft Corp$12.2M1.43%32,974CommonSOLE
22160K105COSTCostco Wholesale Corp$11.5M1.35%11,581CommonSOLE
532457108LLYEli Lilly & Company$10.1M1.18%10,940CommonSOLE
02079K305GOOGLAlphabet Inc Class A$9.6M1.12%33,454CommonSOLE
30231G102XOMExxon Mobil Corporation$9.4M1.09%55,219CommonSOLE
084670702BRK/BBerkshire Hathaway Inc B$9.3M1.09%19,428CommonSOLE
023135106AMZNAmazon.com Inc$8.7M1.02%41,916CommonSOLE
75513E101RTXRTX Corp$8.6M1.00%44,529CommonSOLE
293792107EPDEnterprise Products Partners$7.3M0.85%191,838CommonNONE
92532F100VRTXVertex Pharmaceuticals$7.0M0.82%15,662CommonSOLE
92826C839VVisa Inc.$6.5M0.75%21,372CommonSOLE
00287Y109ABBVAbbvie Inc$6.2M0.72%28,449CommonSOLE
92537N108VRTVertiv Holdings Co$6.0M0.71%24,092CommonSOLE
149123101CATCaterpillar Inc$5.7M0.67%8,040CommonSOLE
874039100TSMTaiwan Semiconductor Manufacturing ADR$5.6M0.66%16,672CommonSOLE
G54950103LINLinde PLC$5.6M0.65%11,242CommonSOLE
922908363VOOVanguard S&P 500 Etf$5.5M0.64%9,177CommonSOLE
38141G104GSGoldman Sachs Group Inc$5.3M0.62%6,256CommonSOLE
46120E602ISRGIntuitive Surgical$5.0M0.58%10,825CommonSOLE
78409V104SPGIS&P Global Inc$4.7M0.55%11,137CommonSOLE
G29183103ETNEaton Corp$4.6M0.54%12,950CommonSOLE
09290D101BLKBlackrock Inc$4.4M0.52%4,617CommonSOLE
05722G100BKRBaker Hughes Co$4.4M0.51%72,062CommonSOLE
478160104JNJJohnson & Johnson$4.3M0.50%17,653CommonSOLE
02079K107GOOGAlphabet Inc Class C$4.3M0.50%14,951CommonSOLE
697435105PANWPalo Alto Networks$4.3M0.50%26,583CommonSOLE
002824100ABTAbbott Laboratories$4.1M0.48%39,819CommonSOLE
883556102TMOThermo Fisher Scientific$4.0M0.47%8,102CommonSOLE
437076102HDHome Depot Inc$3.8M0.45%11,628CommonSOLE
773903109ROKRockwell Automation$3.7M0.44%10,377CommonSOLE
65339F101NEENextera Energy$3.5M0.41%37,608CommonSOLE
617446448MSMorgan Stanley & Co$3.2M0.38%19,501CommonSOLE
907818108UNPUnion Pacific Corp$3.1M0.36%12,778CommonSOLE
872540109TJXTJX Inc$2.9M0.34%18,271CommonNONE
14040H105COFCapital One Financial$2.9M0.34%15,882CommonSOLE
922908769VTIVanguard Total Stock Market ETF$2.7M0.32%8,480CommonSOLE
98978V103ZTSZoetis Inc$2.6M0.30%21,952CommonSOLE
052769106ADSKAutodesk Inc$2.6M0.30%10,657CommonSOLE
94106L109WMWaste Management Inc$2.5M0.29%10,746CommonSOLE
548661107LOWLowes Companies Inc$2.4M0.28%10,232CommonSOLE
237194105DRIDarden Restaurants Inc$2.3M0.27%11,971CommonSOLE
580135101MCDMcDonald's Corp$2.3M0.26%7,283CommonNONE
235851102DHRDanaher Corp$2.3M0.26%11,900CommonSOLE
244199105DEDeere & Co$2.1M0.25%3,785CommonSOLE
57636Q104MAMastercard Inc$2.1M0.25%4,238CommonNONE
35671D857FCXFreeport McMoRan$2.1M0.25%35,712CommonSOLE
025816109AXPAmerican Express Co$2.1M0.24%6,860CommonSOLE
24703L202DELLDell Inc$2.0M0.24%12,427CommonSOLE
H1467J104CBChubb Corp.$2.0M0.24%6,193CommonSOLE
892356106TSCOTractor Supply Company$2.0M0.23%44,275CommonSOLE
921909768VXUSVanguard Total Interntl Stk$1.9M0.22%24,913CommonSOLE
872590104TMUST-Mobile US$1.9M0.22%9,105CommonSOLE
45104G104IBNIcici Bank Ltd Adr$1.9M0.22%73,838CommonSOLE
G1151C101ACNAccenture Plc$1.9M0.22%9,534CommonSOLE
464287804IJRiShares S&P Smallcap 600$1.9M0.22%14,919CommonSOLE
78462F103SPYS&P DEP Receipts$1.9M0.22%2,847CommonSOLE
713448108PEPPepsico Inc.$1.8M0.21%11,694CommonSOLE
03027X100AMTAmerican Tower REIT$1.8M0.21%10,476CommonSOLE
90384S303ULTAUlta Beauty Inc.$1.8M0.21%3,389CommonSOLE
166764100CVXChevron Corp.$1.8M0.21%8,550CommonSOLE
N07059210ASMLASML Holdings NV$1.8M0.21%1,334CommonSOLE
842587107SOSouthern Company$1.8M0.21%18,237CommonSOLE
459200101IBMInternational Business Machines Corp$1.8M0.21%7,239CommonSOLE
254687106DISWalt Disney Co$1.7M0.20%18,080CommonSOLE
G93A5A101VIKViking Holdings$1.6M0.19%21,910CommonSOLE
G0750C108AXTAAxalta Coating Systems$1.5M0.17%54,029CommonSOLE
30303M102METAMeta Platforms Inc$1.5M0.17%2,611CommonSOLE
931142103WMTWal-Mart Stores Inc.$1.4M0.17%11,587CommonSOLE
871607107SNPSSynopsys Inc$1.4M0.17%3,605CommonSOLE
45866F104ICEIntercontinental Exchange$1.4M0.16%8,964CommonSOLE
25278X109FANGDiamondback Energy$1.4M0.16%7,103CommonSOLE
099724106BWABorg Warner Inc$1.4M0.16%25,457CommonSOLE
09260D107BXBlackstone Inc$1.4M0.16%12,009CommonSOLE
438516106HONHoneywell International$1.4M0.16%5,975CommonSOLE
592688105MTDMettler Toledo Intl Inc$1.3M0.16%1,061CommonSOLE
22052L104CTVACorteva Agriscience Inc$1.3M0.16%15,929CommonSOLE
855244109SBUXStarbucks Corp$1.3M0.15%14,750CommonSOLE
12572Q105CMECME Group Inc$1.3M0.15%4,463CommonSOLE
502431109LHXL3Harris Technologies$1.3M0.15%3,815CommonSOLE
922908538VOTVanguard Mid Cap Growth$1.3M0.15%5,000CommonSOLE
573874104MRVLMarvell Technology Group$1.2M0.14%12,510CommonSOLE
783513203RYAAYRyanAir Holdings PLC$1.2M0.14%20,689CommonSOLE
336433107FSLRFirst Solar Inc$1.2M0.14%5,913CommonSOLE
28176E108EWEdwards Lifesciences Corp$1.1M0.13%14,320CommonSOLE
654106103NKENike Inc$1.1M0.13%21,627CommonSOLE
609207105MDLZMondelez International$1.1M0.13%19,533CommonSOLE
G8994E103TTTrane Technologies Plc$1.1M0.13%2,670CommonSOLE
04010L103ARCCAres Capital Corp$1.1M0.13%60,192CommonSOLE
03073E105CORCencora Inc$1.1M0.13%3,408CommonNONE
46137V357RSPRydex S&P Equal Weight ETF$1.1M0.12%5,505CommonSOLE
74340W103PLDPrologis Inc$1.1M0.12%7,973CommonSOLE
988498101YUMYum! Brands Inc$1.0M0.12%6,672CommonSOLE
717081103PFEPfizer Inc.$1.0M0.12%36,398CommonSOLE
17275R102CSCOCisco Systems Inc$1.0M0.12%13,172CommonSOLE
922908611VBRVanguard Small Cap Value$1.0M0.12%4,702CommonSOLE
00724F101ADBEAdobe Inc$1.0M0.12%4,161CommonSOLE
456788108INFYInfosys Technologies Ltd$1.0M0.12%74,840CommonSOLE
165167735EXEExpand Energy Corp$1.0M0.12%9,188CommonSOLE
82509L107SHOPShopify Inc$999,1360.12%8,423CommonSOLE
191216100KOCoca Cola Co.$967,3560.11%12,720CommonSOLE
98980G102ZSZscaler Inc$966,1770.11%6,887CommonSOLE
58155Q103MCKMcKesson Corp$960,5500.11%1,110CommonSOLE
26441C204DUKDuke Energy Corp.$958,7180.11%7,322CommonSOLE
032654105ADIAnalog Devices Inc$957,6010.11%3,010CommonSOLE
23804L103DDOGDatadog Inc$948,5320.11%8,035CommonSOLE
26701L100BROSDutch Bros Inc$933,9170.11%18,435CommonSOLE
009158106APDAir Products and Chemicals Inc$901,3900.11%3,103CommonSOLE
060505104BACBank of America Corp$900,6560.11%18,475CommonSOLE
929160109VMCVulcan Materials Company$881,7070.10%3,238CommonSOLE
494368103KMBKimberly Clark Corp$854,4350.10%8,857CommonSOLE
742718109PGProcter & Gamble Co.$854,0040.10%5,913CommonNONE
097023105BABoeing Co$839,9070.10%4,220CommonSOLE
N6596X109NXPINXP Semiconductors N.V.$833,7020.10%4,235CommonSOLE
464287499IWRiShares Russell Midcap Index Fd$813,1340.10%8,363CommonSOLE
670100205NVONovo Nordisk$791,9260.09%21,549CommonSOLE
91324P102UNHUnitedHealth Group$783,0870.09%2,894CommonSOLE
539830109LMTLockheed Martin Corp$770,5970.09%1,275CommonSOLE
95040Q104WELLWelltower Inc$766,3240.09%3,876CommonSOLE
808524797SCHDSchwab US Dividend Equity ETF$762,0750.09%24,839CommonSOLE
36262G101GXOGXO Logistics Inc$760,4840.09%14,667CommonSOLE
81369Y803XLKTechnology Select Sector SPDR Fund$757,5300.09%5,700CommonSOLE
808524805SCHFSchwab International Equity Fund$746,2810.09%30,153CommonSOLE
68389X105ORCLOracle Corp$731,8720.09%4,975CommonSOLE
G16258108BEPBrookfield Renewable Partners LP$700,4220.08%21,459CommonSOLE
101137107BSXBoston Scientific Corp$692,4460.08%11,035CommonSOLE
34959J108FTVFortive Corp$688,8440.08%12,461CommonSOLE
46429B598INDAIshares MSCI India Index$683,6770.08%14,596CommonSOLE
172908105CTASCintas Corp$676,5600.08%4,000CommonSOLE
46434G822EWJiShares MSCI Japan Index Fund$668,8490.08%7,921CommonSOLE
125523100CICigna Corporation$666,8750.08%2,500CommonNONE
219350105GLWCorning Inc$660,8140.08%4,860CommonSOLE
231021106CMICummins Inc$659,0750.08%1,225CommonSOLE
58933Y105MRKMerck & Co Inc$645,9570.08%5,370CommonSOLE
053015103ADPAutomatic Data Processing Inc$630,6710.07%3,104CommonSOLE
64110L106NFLXNetflix Inc$629,7830.07%6,550CommonSOLE
921908844VIGVanguard Dividend Appreciation ETF$624,9550.07%2,906CommonSOLE
464287655IWMIshares Tr Russell 2000 Index Fd$624,4790.07%2,518CommonSOLE
465562106ITUBItau UniBanco Multiplo ADR$623,8830.07%74,449CommonSOLE
14448C104CARRCarrier Global Corp$616,0310.07%10,940CommonSOLE
464287176TIPiShares TIPS Bond Fund$573,8720.07%5,200CommonSOLE
45257U108IMNMImmunome, Inc.$570,0950.07%25,394CommonNONE
693475105PNCPNC Financial Services Group Inc$563,5080.07%2,708CommonSOLE
H8088L103SRADSportradar Group$546,1760.06%32,627CommonNONE
G2004J103CCLCarnival Corp$544,7480.06%21,049CommonSOLE
69608A108PLTRPalantir Technologies In$537,7250.06%3,676CommonSOLE
922908512VOEVanguard Mid Cap Value$524,6760.06%2,847CommonSOLE
701094104PHParker Hannifin Corp$517,4490.06%578CommonSOLE
110122108BMYBristol-Myers Squibb$509,4480.06%8,400CommonNONE
H2927K103AMRZAmrize AG$507,2610.06%9,055CommonSOLE
90353T100UBERUber Technologies Inc$493,6560.06%6,863CommonSOLE
808524102SCHBSchwab US Broad Market ETF$482,2240.06%19,212CommonSOLE
194162103CLColgate Palmolive Co$474,1340.06%5,563CommonNONE
718546104PSXPhillips 66$473,6680.06%2,600CommonSOLE
404280406HSBCHSBC PLC Spon ADR$470,7700.06%5,707CommonSOLE
46266C105IQVIqvia Hldgs Inc$470,3490.05%2,758CommonSOLE
89677Q107TCOMTrip.com Group Ltd$470,1170.05%9,442CommonSOLE
922042858VWOVanguard FTSE Emerging Mkt ETF$469,5820.05%8,688CommonSOLE
G51502105JCIJohnson Controls Inc$453,6110.05%3,464CommonNONE
35473P710FLKRFranklin FTSE South Korea ETF$447,5410.05%11,225CommonSOLE
62944T105NVRNVR Inc$428,3390.05%65CommonSOLE
525327102LDOSLeidos Holdings Inc$427,6800.05%2,750CommonSOLE
22788C105CRWDCrowdstrike Hldgs Inc$407,9780.05%1,045CommonSOLE
824348106SHWSherwin Williams Co$394,9180.05%1,232CommonSOLE
127055101CBTCabot Corporation$393,8710.05%5,230CommonSOLE
020002101ALLAllstate Corp$383,5790.04%1,850CommonSOLE
595112103MUMicron Technology Inc$371,9620.04%1,101CommonSOLE
464287465EFAiShares MSCI EAFE Index Fund$371,5220.04%3,825CommonSOLE
36828A101GEVGE Vernova Inc.$366,6180.04%420CommonSOLE
81369Y704XLIIndustrial Select Sector SPDR Fund$359,9840.04%2,226CommonSOLE
025072877AVUVAvantis US Small Cap Value ETF$358,7830.04%3,248CommonSOLE
464287721IYWiShares Trust Dow Jones US Tech Fund$350,1410.04%1,930CommonSOLE
M22465104CHKPCheck Point Software Technologies$350,1250.04%2,451CommonSOLE
31428X106FDXFedEx Corp$347,9880.04%977CommonSOLE
056752108BIDUBaidu Inc ADR$345,6250.04%3,102CommonSOLE
26969P108EXPEagle Materials Inc$341,0100.04%1,800CommonSOLE
780259305SHELSHELL ADR EACH REP 2 ORD WI$337,4970.04%3,629CommonSOLE
13646K108CPCanadian Pacific Kansas City Ltd$329,1920.04%4,185CommonSOLE
126408103CSXC S X Corp$323,5970.04%7,883CommonSOLE
30161N101EXCExelon Corporation$316,1790.04%6,450CommonSOLE
78463V107GLDSPDR Gold Trust$312,3910.04%726CommonSOLE
132061201SYLDCambria Shareholder Yield ETF$302,5720.04%4,012CommonSOLE
260003108DOVDover Corp$302,2530.04%1,450CommonSOLE
G0403H108AONAon PLC$290,5020.03%900CommonSOLE
921943858VEAVanguard FTSE Developed Markets ETF$287,8930.03%4,493CommonSOLE
749685103RPMRPM International Inc$273,3500.03%2,750CommonSOLE
F92124100TTETotalEnergies SE$272,0300.03%2,990CommonSOLE
88160R101TSLATesla Inc$271,0060.03%729CommonSOLE
670346105NUENucor Corp$245,7020.03%1,453CommonSOLE
464287507IJHIshares Tr S&P Midcap$244,4590.03%3,620CommonSOLE
91913Y100VLOValero Energy Corp$237,1970.03%960CommonSOLE
808524607SCHASchwab US Small Cap ETF$237,1670.03%8,156CommonSOLE
744573106PEGPublic Service Enterprise Group$234,7550.03%2,900CommonSOLE
45337C102INCYIncyte Corporation$233,4180.03%2,480CommonSOLE
682189105ONOn Semiconductor Co$231,2710.03%3,735CommonSOLE
60687Y109MFGMizuho Financial Group Inc$228,6720.03%28,800CommonSOLE
98419M100XYLXylem Inc$227,8870.03%1,907CommonNONE
888787108TOSTToast Inc$224,0100.03%8,450CommonSOLE
29444U700EQIXEquinix Inc$213,6920.02%218CommonSOLE
46090E103QQQPowershares QQQ Trust$209,7470.02%363CommonSOLE
291011104EMREmerson Electric Co$207,9290.02%1,587CommonSOLE
949746101WMT2Wells Fargo & Co.$204,7220.02%2,572CommonSOLE
031162100AMGNAmgen Inc$203,7210.02%579CommonSOLE
87911K100HQLAbrdn Life Science Investors$164,2360.02%10,094CommonSOLE
67577C105OCGNOcugen Inc$45,2500.01%25,000CommonSOLE

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.