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Portfolio (Quarterly) Guide ↗

Baldwin Investment Management, LLC

· CIK 0001346378
13F Portfolio $855.7B AUM 210 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 10 New 48 Added 52 Reduced 7 Exited
Page 1 of 11  ·  210 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 Berkshire Hathaway Inc A 555.0 $398.6M 46.58% $718140.00
2 AVGO Broadcom Limited Technology 71,361.0 $22.1M 2.58% -2K -2.8% $309.51 +35.9%
3 NVDA Nvidia Corp Technology 114,277.0 $19.9M 2.33% -1K -1.2% $174.40 +29.2%
4 LRCX Lam Research Corp Technology 88,594.0 $18.9M 2.21% -10K -9.7% $213.66 +33.3%
5 AAPL Apple Inc Technology 70,571.0 $17.9M 2.09% +621.0 +0.9% $253.79 +17.4%
6 JPM J.P. Morgan Chase & Co Financial Services 48,174.0 $14.2M 1.66% $294.16 +1.2%
7 MSFT Microsoft Corp Technology 32,974.0 $12.2M 1.43% +563.0 +1.7% $370.17 +14.0%
8 COST Costco Wholesale Corp Consumer Defensive 11,581.0 $11.5M 1.35% +225.0 +2.0% $996.42 +5.3%
9 LLY Eli Lilly & Company Healthcare 10,940.0 $10.1M 1.18% $919.81 +9.4%
10 GOOGL Alphabet Inc Class A Communication Services 33,454.0 $9.6M 1.12% -175.0 -0.5% $287.56 +38.0%
11 XOM Exxon Mobil Corporation Energy 55,219.0 $9.4M 1.09% -1K -1.9% $169.66 -6.9%
12 Berkshire Hathaway Inc B 19,428.0 $9.3M 1.09% +1K +6.9% $479.20
13 AMZN Amazon.com Inc Consumer Cyclical 41,916.0 $8.7M 1.02% +724.0 +1.8% $208.27 +27.2%
14 RTX RTX Corp Industrials 44,529.0 $8.6M 1.00% -324.0 -0.7% $192.90 -11.3%
15 EPD Enterprise Products Partners Energy 191,838.0 $7.3M 0.85% $37.84 +3.7%
16 VRTX Vertex Pharmaceuticals Healthcare 15,662.0 $7.0M 0.82% +108.0 +0.7% $446.54 -2.1%
17 V Visa Inc. Financial Services 21,372.0 $6.5M 0.76% $302.24 +7.8%
18 ABBV Abbvie Inc Healthcare 28,449.0 $6.2M 0.72% $217.49 -3.7%
19 VRT Vertiv Holdings Co Industrials 24,092.0 $6.0M 0.71% $250.58 +48.0%
20 CAT Caterpillar Inc Industrials 8,040.0 $5.7M 0.67% -159.0 -1.9% $708.46 +21.9%
Page 1 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%