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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 6 of 11  ·  207 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 BROS Dutch Bros Inc Consumer Cyclical 17,535.0 $1.1M 0.12% NEW $61.22 -13.8%
102 CTVA Corteva Agriscience Inc Basic Materials 15,929.0 $1.1M 0.12% NEW $67.03 +21.0%
103 RSP Rydex S&P Equal Weight ETF 5,536.0 $1.1M 0.12% NEW $191.56 +5.3%
104 MDLZ Mondelez International Consumer Defensive 19,682.0 $1.1M 0.12% NEW $53.83 +14.5%
105 TT Trane Technologies Plc Industrials 2,670.0 $1.0M 0.12% NEW $389.20 +18.3%
106 PLD Prologis Inc Real Estate 8,133.0 $1.0M 0.12% NEW $127.66 +11.5%
107 BAC Bank of America Corp Financial Services 18,475.0 $1.0M 0.12% NEW $55.00 -7.8%
108 CSCO Cisco Systems Inc Technology 13,172.0 $1.0M 0.12% NEW $77.03 +54.3%
109 INDA Ishares MSCI India Index 18,746.0 $1.0M 0.11% NEW $54.05 -12.5%
110 IMNM Immunome, Inc. Healthcare 47,167.0 $1.0M 0.11% NEW $21.48 -7.4%
111 YUM Yum! Brands Inc Consumer Cyclical 6,672.0 $1.0M 0.11% NEW $151.28 +0.7%
112 VBR Vanguard Small Cap Value 4,654.0 $986K 0.11% NEW $211.81 +6.7%
113 MCK McKesson Corp Healthcare 1,185.0 $972K 0.11% NEW $820.29 -5.4%
114 PFE Pfizer Inc. Healthcare 38,448.0 $957K 0.11% NEW $24.90 +1.7%
115 UNH UnitedHealth Group Healthcare 2,874.0 $949K 0.11% NEW $330.11 +18.5%
116 VMC Vulcan Materials Company Basic Materials 3,238.0 $924K 0.10% NEW $285.22 -6.6%
117 NXPI NXP Semiconductors N.V. Technology 4,235.0 $919K 0.10% NEW $217.06 +34.4%
118 DUK Duke Energy Corp. Utilities 7,826.0 $917K 0.10% NEW $117.22 +4.8%
119 KO Coca Cola Co. Consumer Defensive 12,720.0 $889K 0.10% NEW $69.91 +16.1%
120 MRVL Marvell Technology Group Technology 10,205.0 $867K 0.10% NEW $84.98 +98.8%
Page 6 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%