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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 3 of 11  ·  210 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 COF Capital One Financial Financial Services 15,882.0 $2.9M 0.34% +1K +7.4% $182.43 +2.6%
42 VTI Vanguard Total Stock Market ETF 8,480.0 $2.7M 0.32% +843.0 +11.0% $320.79 +12.2%
43 ZTS Zoetis Inc Healthcare 21,952.0 $2.6M 0.30% +135.0 +0.6% $118.21 -34.3%
44 ADSK Autodesk Inc Technology 10,657.0 $2.6M 0.30% +6K +120.5% $239.40 +2.0%
45 WM Waste Management Inc Industrials 10,746.0 $2.5M 0.29% $229.79 -3.1%
46 LOW Lowes Companies Inc Consumer Cyclical 10,232.0 $2.4M 0.28% $236.28 -7.7%
47 DRI Darden Restaurants Inc Consumer Cyclical 11,971.0 $2.3M 0.27% -75.0 -0.6% $196.04 -1.2%
48 MCD McDonald's Corp Consumer Cyclical 7,283.0 $2.3M 0.27% -280.0 -3.7% $310.79 -9.1%
49 DHR Danaher Corp Healthcare 11,900.0 $2.3M 0.26% -200.0 -1.6% $189.60 -13.6%
50 DE Deere & Co Industrials 3,785.0 $2.1M 0.25% +490.0 +14.9% $563.30 +0.2%
51 MA Mastercard Inc Financial Services 4,238.0 $2.1M 0.25% $499.66 +1.2%
52 FCX Freeport McMoRan Basic Materials 35,712.0 $2.1M 0.24% -2K -4.3% $58.78 +2.9%
53 AXP American Express Co Financial Services 6,860.0 $2.1M 0.24% $302.48 +2.3%
54 DELL Dell Inc Technology 12,427.0 $2.0M 0.24% +6K +96.7% $164.13 +45.0%
55 CB Chubb Corp. Financial Services 6,193.0 $2.0M 0.24% -100.0 -1.6% $325.93 +1.3%
56 TSCO Tractor Supply Company Consumer Cyclical 44,275.0 $2.0M 0.23% $45.30 -30.0%
57 VXUS Vanguard Total Interntl Stk 24,913.0 $1.9M 0.23% -830.0 -3.2% $77.11 +7.4%
58 TMUS T-Mobile US Communication Services 9,105.0 $1.9M 0.22% -500.0 -5.2% $210.04 -9.2%
59 Icici Bank Ltd Adr 73,838.0 $1.9M 0.22% +6K +9.5% $25.90
60 ACN Accenture Plc Technology 9,534.0 $1.9M 0.22% -365.0 -3.7% $198.29 -10.8%
Page 3 of 11  ·  210 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%