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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 11 of 11  ·  207 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
201 WFC Wells Fargo & Co. Financial Services 2,372.0 $221K 0.03% NEW $93.18 -20.2%
202 INCY Incyte Corporation Healthcare 2,140.0 $211K 0.02% NEW $98.77 -4.2%
203 MFG Mizuho Financial Group Inc Financial Services 28,800.0 $211K 0.02% NEW $7.32 +18.2%
204 EMR Emerson Electric Co Industrials 1,587.0 $211K 0.02% NEW $132.72 -2.7%
205 QQQ Powershares QQQ Trust Financial Services 335.0 $206K 0.02% NEW $614.82 +14.2%
206 PGR Progressive Corp Financial Services 881.0 $201K 0.02% NEW $227.72 -10.5%
207 OCGN Ocugen Inc Healthcare 25,000.0 $34K 0.00% NEW $1.35 -2.3%
Page 11 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%