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Portfolio (Quarterly) Guide ↗

Baldwin Investment Management, LLC

· CIK 0001346378
13F Portfolio $856M AUM 210 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 10 New 48 Added 52 Reduced 7 Exited
Page 1 of 3  ·  48 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 AAPL Apple Inc Technology 70,571.0 $17.9M 2.09% +621.0 +0.9% $253.79 +17.8%
2 MSFT Microsoft Corp Technology 32,974.0 $12.2M 1.43% +563.0 +1.7% $370.17 +14.4%
3 COST Costco Wholesale Corp Consumer Defensive 11,581.0 $11.5M 1.35% +225.0 +2.0% $996.42 +5.3%
4 Berkshire Hathaway Inc B 19,428.0 $9.3M 1.09% +1K +6.9% $479.20
5 AMZN Amazon.com Inc Consumer Cyclical 41,916.0 $8.7M 1.02% +724.0 +1.8% $208.27 +24.5%
6 VRTX Vertex Pharmaceuticals Healthcare 15,662.0 $7.0M 0.82% +108.0 +0.7% $446.54 -2.2%
7 TSM Taiwan Semiconductor Manufacturing ADR Technology 16,672.0 $5.6M 0.66% +165.0 +1.0% $337.95 +17.2%
8 VOO Vanguard S&P 500 Etf 9,177.0 $5.5M 0.64% +293.0 +3.3% $597.55 +12.9%
9 ISRG Intuitive Surgical Healthcare 10,825.0 $5.0M 0.58% +259.0 +2.5% $460.99 -4.6%
10 SPGI S&P Global Inc Financial Services 11,137.0 $4.7M 0.55% +666.0 +6.4% $425.35 -1.9%
11 PANW Palo Alto Networks Technology 26,583.0 $4.3M 0.50% +2K +7.8% $160.32 +54.4%
12 ABT Abbott Laboratories Healthcare 39,819.0 $4.1M 0.48% +263.0 +0.7% $102.67 -13.5%
13 HD Home Depot Inc Consumer Cyclical 11,628.0 $3.8M 0.45% +585.0 +5.3% $328.89 -8.8%
14 COF Capital One Financial Financial Services 15,882.0 $2.9M 0.34% +1K +7.4% $182.43 +2.6%
15 VTI Vanguard Total Stock Market ETF 8,480.0 $2.7M 0.32% +843.0 +11.0% $320.79 +12.2%
16 ZTS Zoetis Inc Healthcare 21,952.0 $2.6M 0.30% +135.0 +0.6% $118.21 -34.3%
17 ADSK Autodesk Inc Technology 10,657.0 $2.6M 0.30% +6K +120.5% $239.40 +2.0%
18 DE Deere & Co Industrials 3,785.0 $2.1M 0.25% +490.0 +14.9% $563.30 +0.2%
19 DELL Dell Inc Technology 12,427.0 $2.0M 0.24% +6K +96.7% $164.13 +45.0%
20 Icici Bank Ltd Adr 73,838.0 $1.9M 0.22% +6K +9.5% $25.90
Page 1 of 3  ·  48 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 30.7%
Financial Services 14.3%
Healthcare 13.4%
Industrials 11.5%
Consumer Cyclical 8.1%
Energy 6.4%
Communication Services 4.9%
Consumer Defensive 4.6%
Basic Materials 3.4%
Utilities 1.9%