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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  ·  52 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 AVGO Broadcom Limited Technology 71,361.0 $22.1M 2.58% -2K -2.8% $309.51 +32.8%
2 NVDA Nvidia Corp Technology 114,277.0 $19.9M 2.33% -1K -1.2% $174.40 +27.5%
3 LRCX Lam Research Corp Technology 88,594.0 $18.9M 2.21% -10K -9.7% $213.66 +30.1%
4 GOOGL Alphabet Inc Class A Communication Services 33,454.0 $9.6M 1.12% -175.0 -0.5% $287.56 +38.0%
5 XOM Exxon Mobil Corporation Energy 55,219.0 $9.4M 1.09% -1K -1.9% $169.66 -5.4%
6 RTX RTX Corp Industrials 44,529.0 $8.6M 1.00% -324.0 -0.7% $192.90 -8.8%
7 CAT Caterpillar Inc Industrials 8,040.0 $5.7M 0.67% -159.0 -1.9% $708.46 +21.4%
8 GS Goldman Sachs Group Inc Financial Services 6,256.0 $5.3M 0.62% -52.0 -0.8% $845.98 +11.9%
9 BKR Baker Hughes Co Energy 72,062.0 $4.4M 0.51% -2K -2.8% $61.05 +7.2%
10 GOOG Alphabet Inc Class C Communication Services 14,951.0 $4.3M 0.50% -490.0 -3.2% $286.86 +37.0%
11 MS Morgan Stanley & Co Financial Services 19,501.0 $3.2M 0.38% -172.0 -0.9% $164.57 +17.1%
12 DRI Darden Restaurants Inc Consumer Cyclical 11,971.0 $2.3M 0.27% -75.0 -0.6% $196.04 -1.2%
13 MCD McDonald's Corp Consumer Cyclical 7,283.0 $2.3M 0.27% -280.0 -3.7% $310.79 -9.1%
14 DHR Danaher Corp Healthcare 11,900.0 $2.3M 0.26% -200.0 -1.6% $189.60 -13.6%
15 FCX Freeport McMoRan Basic Materials 35,712.0 $2.1M 0.24% -2K -4.3% $58.78 +2.9%
16 CB Chubb Corp. Financial Services 6,193.0 $2.0M 0.24% -100.0 -1.6% $325.93 +1.3%
17 VXUS Vanguard Total Interntl Stk 24,913.0 $1.9M 0.23% -830.0 -3.2% $77.11 +7.4%
18 TMUS T-Mobile US Communication Services 9,105.0 $1.9M 0.22% -500.0 -5.2% $210.04 -9.2%
19 ACN Accenture Plc Technology 9,534.0 $1.9M 0.22% -365.0 -3.7% $198.29 -10.8%
20 SPY S&P DEP Receipts Financial Services 2,847.0 $1.9M 0.22% -1K -30.5% $650.37 +12.8%
Page 1 of 3  ·  52 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%