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Portfolio (Quarterly) Guide ↗

Baldwin Investment Management, LLC

· CIK 0001346378
13F Portfolio $886M AUM 207 positions Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 207 New
Page 4 of 11  ·  207 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 AXTA Axalta Coating Systems Basic Materials 58,304.0 $1.9M 0.21% NEW $32.31 -15.8%
62 ADBE Adobe Inc Technology 5,366.0 $1.9M 0.21% NEW $349.99 -25.7%
63 BX Blackstone Inc Financial Services 12,009.0 $1.9M 0.21% NEW $154.14 -24.6%
64 AMT American Tower REIT Real Estate 10,301.0 $1.8M 0.20% NEW $175.57 +2.0%
65 IJR iShares S&P Smallcap 600 14,778.0 $1.8M 0.20% NEW $120.18 +10.7%
66 PEP Pepsico Inc. Consumer Defensive 11,669.0 $1.7M 0.19% NEW $143.52 +4.3%
67 Viking Holdings 23,005.0 $1.6M 0.18% NEW $71.41
68 FSLR First Solar Inc Energy 6,013.0 $1.6M 0.18% NEW $261.23 -13.0%
69 ZS Zscaler Inc Technology 6,887.0 $1.5M 0.17% NEW $224.92 -21.0%
70 DE Deere & Co Industrials 3,295.0 $1.5M 0.17% NEW $465.57 +19.7%
71 META Meta Platforms Inc Communication Services 2,322.0 $1.5M 0.17% NEW $660.13 -7.8%
72 RyanAir Holdings PLC 20,689.0 $1.5M 0.17% NEW $72.19
73 SO Southern Company Utilities 17,037.0 $1.5M 0.17% NEW $87.20 +7.5%
74 MTD Mettler Toledo Intl Inc Healthcare 1,061.0 $1.5M 0.17% NEW $1394.19 -23.1%
75 SNPS Synopsys Inc Technology 3,099.0 $1.5M 0.16% NEW $469.72 +5.3%
76 ICE Intercontinental Exchange Financial Services 8,964.0 $1.5M 0.16% NEW $161.96 -3.5%
77 ADSK Autodesk Inc Technology 4,832.0 $1.4M 0.16% NEW $296.01 -16.1%
78 ASML ASML Holdings NV Technology 1,334.0 $1.4M 0.16% NEW $1069.86 +36.7%
79 ORCL Oracle Corp Technology 7,320.0 $1.4M 0.16% NEW $194.91 -5.2%
80 VOT Vanguard Mid Cap Growth 5,000.0 $1.4M 0.16% NEW $279.14 +0.9%
Page 4 of 11  ·  207 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 32.0%
Financial Services 15.6%
Healthcare 14.5%
Industrials 10.0%
Consumer Cyclical 8.4%
Communication Services 5.0%
Energy 5.0%
Consumer Defensive 4.1%
Basic Materials 3.1%
Utilities 1.6%