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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 8 of 11  ·  210 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 NFLX Netflix Inc Communication Services 6,550.0 $630K 0.07% +3K +96.1% $96.15 -6.8%
142 VIG Vanguard Dividend Appreciation ETF 2,906.0 $625K 0.07% $215.06 +6.7%
143 IWM Ishares Tr Russell 2000 Index Fd 2,518.0 $624K 0.07% +206.0 +8.9% $248.01 +10.1%
144 ITUB Itau UniBanco Multiplo ADR Financial Services 74,449.0 $624K 0.07% $8.38 -5.8%
145 CARR Carrier Global Corp Industrials 10,940.0 $616K 0.07% -100.0 -0.9% $56.31 +9.1%
146 TIP iShares TIPS Bond Fund 5,200.0 $574K 0.07% $110.36 -0.2%
147 IMNM Immunome, Inc. Healthcare 25,394.0 $570K 0.07% -22K -46.2% $22.45 -11.4%
148 PNC PNC Financial Services Group Inc Financial Services 2,708.0 $564K 0.07% $208.09 +2.7%
149 SRAD Sportradar Group Technology 32,627.0 $546K 0.06% $16.74 -21.6%
150 Carnival Corp 21,049.0 $545K 0.06% NEW $25.88
151 PLTR Palantir Technologies In Technology 3,676.0 $538K 0.06% NEW $146.28 -7.6%
152 VOE Vanguard Mid Cap Value 2,847.0 $525K 0.06% $184.29 +3.7%
153 PH Parker Hannifin Corp Industrials 578.0 $517K 0.06% -25.0 -4.2% $895.24 -4.1%
154 BMY Bristol-Myers Squibb Healthcare 8,400.0 $509K 0.06% $60.65 -3.9%
155 Amrize AG 9,055.0 $507K 0.06% +75.0 +0.8% $56.02
156 UBER Uber Technologies Inc Technology 6,863.0 $494K 0.06% -9K -56.5% $71.93 +4.4%
157 SCHB Schwab US Broad Market ETF 19,212.0 $482K 0.06% $25.10 +12.3%
158 CL Colgate Palmolive Co Consumer Defensive 5,563.0 $474K 0.06% $85.23 +5.6%
159 PSX Phillips 66 Energy 2,600.0 $474K 0.06% $182.18 -1.3%
160 HSBC HSBC PLC Spon ADR Financial Services 5,707.0 $471K 0.06% $82.49 +9.3%
Page 8 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%