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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 5 of 11  ·  210 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 MTD Mettler Toledo Intl Inc Healthcare 1,061.0 $1.3M 0.16% $1261.20 -14.8%
82 CTVA Corteva Agriscience Inc Basic Materials 15,929.0 $1.3M 0.16% $83.71 -3.1%
83 SBUX Starbucks Corp Consumer Cyclical 14,750.0 $1.3M 0.15% $89.59 +19.0%
84 CME CME Group Inc Financial Services 4,463.0 $1.3M 0.15% $295.35 +2.4%
85 LHX L3Harris Technologies Industrials 3,815.0 $1.3M 0.15% -77.0 -2.0% $345.15 -9.8%
86 VOT Vanguard Mid Cap Growth 5,000.0 $1.3M 0.15% $257.35 +9.4%
87 MRVL Marvell Technology Group Technology 12,510.0 $1.2M 0.14% +2K +22.6% $99.05 +70.6%
88 RyanAir Holdings PLC 20,689.0 $1.2M 0.14% $57.80
89 FSLR First Solar Inc Energy 5,913.0 $1.2M 0.14% -100.0 -1.7% $197.26 +18.4%
90 EW Edwards Lifesciences Corp Healthcare 14,320.0 $1.1M 0.13% -775.0 -5.1% $80.08 +2.9%
91 NKE Nike Inc Consumer Cyclical 21,627.0 $1.1M 0.13% $52.82 -19.4%
92 MDLZ Mondelez International Consumer Defensive 19,533.0 $1.1M 0.13% -149.0 -0.8% $57.64 +6.9%
93 TT Trane Technologies Plc Industrials 2,670.0 $1.1M 0.13% $416.74 +10.5%
94 ARCC Ares Capital Corp Financial Services 60,192.0 $1.1M 0.13% -1K -2.2% $18.02 +3.1%
95 Cencora Inc 3,408.0 $1.1M 0.12% $314.14
96 RSP Rydex S&P Equal Weight ETF 5,505.0 $1.1M 0.12% -31.0 -0.6% $191.92 +5.1%
97 PLD Prologis Inc Real Estate 7,973.0 $1.1M 0.12% -160.0 -2.0% $132.18 +7.7%
98 YUM Yum! Brands Inc Consumer Cyclical 6,672.0 $1.0M 0.12% $155.48 -2.0%
99 PFE Pfizer Inc. Healthcare 36,398.0 $1.0M 0.12% -2K -5.3% $28.08 -9.8%
100 CSCO Cisco Systems Inc Technology 13,172.0 $1.0M 0.12% $77.59 +53.2%
Page 5 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%