Portfolio (Quarterly) Guide ↗

Baldwin Investment Management, LLC

· CIK 0001346378

13F Portfolio $855.7B AUM 210 positions Filed May 12, 2026 EDGAR ↗ ← All Funds

Q1 2026 Q4 2025 · All 10 New 48 Added 52 Reduced 7 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Status
1	CCL	Carnival Corp	Consumer Cyclical	21,049	$643K	0.07%	SOLD
2	CMCSA	Comcast Corp	Communication Services	12,253	$366K	0.04%	SOLD
3	SYY	Sysco Corp	Consumer Defensive	3,475	$256K	0.03%	SOLD
4	QCOM	Qualcomm Inc	Technology	1,365	$233K	0.03%	SOLD
5	VO	Vanguard Mid-Cap ETF	—	776	$225K	0.03%	SOLD
6	VLTO	VERALTO ORD WI	Industrials	2,230	$223K	0.03%	SOLD
7	PGR	Progressive Corp	Financial Services	881	$201K	0.02%	SOLD

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%