Live Markets
Wednesday, July 29, 2026·George Town, KY·29°·Partly Cloudy
Markets Open · NYSE·Newsletter·Masthead·
VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F COMBINATION REPORT

BALDWIN BROTHERS LLC/MA

Quarter ended Q1 2025 · Filed April 14, 2025 · Accession 0000950123-25-003482

Total Value
$1.43B
Positions
253
Other Managers
1
Confidential Omitted
No
View on SEC.gov

Holdings (253)

#IssuerTicker / CUSIPSharesValue% of Filing
1APPLE INCAAPL401,405$89.2M6.26%
2MICROSOFT CORPMSFT199,813$75.0M5.26%
3J P MORGAN EXCHANGE TRADED F46654Q7161,352,137$72.4M5.08%
4AMAZON COM INCAMZN352,452$67.1M4.70%
5ALPHABET INCGOOG364,921$56.4M3.96%
6NVIDIA CORPORATIONNVDA479,209$51.9M3.64%
7ISHARES TR464287176458,115$50.9M3.57%
8VISA INCV125,982$44.2M3.10%
9COSTCO WHSL CORP NEW22160K10538,622$36.5M2.56%
10BLACKSTONE INCBX244,350$34.2M2.40%
11WASTE MGMT INC DEL94106L109137,698$31.9M2.24%
12GALLAGHER ARTHUR J & CO36357610979,824$27.6M1.93%
13KLA CORPKLAC38,578$26.2M1.84%
14PEPSICO INCPEP167,872$25.2M1.77%
15INVESCO EXCH TRD SLF IDX FDIVZ443,925$23.7M1.66%
16JPMORGAN CHASE & CO.VYLD94,046$23.1M1.62%
17UNITED RENTALS INCURI36,372$22.8M1.60%
18INTERNATIONAL BUSINESS MACHSINTR84,501$21.0M1.47%
19NEXTERA ENERGY INCNEE-PW294,608$20.9M1.47%
20ACCENTURE PLC IRELANDACN65,007$20.3M1.42%
21SPDR GOLD TRGLD65,300$18.8M1.32%
22GARMIN LTDGRMN84,342$18.3M1.28%
23MERCK & CO INCMRK200,250$18.0M1.26%
24ISHARES GOLD TRIAU303,420$17.9M1.25%
25ADOBE INCADBE46,517$17.8M1.25%
26FISERV INCFISV80,567$17.8M1.25%
27ANALOG DEVICES INCADI83,729$16.9M1.18%
28DANAHER CORPORATION23585110279,980$16.4M1.15%
29EXXON MOBIL CORPXOM136,758$16.3M1.14%
30UNION PAC CORPUNP65,214$15.4M1.08%
31COOPER COS INC216648501164,481$13.9M0.97%
32VANGUARD SCOTTSDALE FDS92206C706229,246$13.6M0.96%
33SHERWIN WILLIAMS COSHW38,709$13.5M0.95%
34ZOETIS INCZTS78,107$12.9M0.90%
35REGENCY CTRS CORP758849103169,161$12.5M0.88%
36JOHNSON & JOHNSONJNJ73,918$12.3M0.86%
37MARRIOTT INTL INC NEW57190320250,844$12.1M0.85%
38CHEVRON CORP NEWCVX71,410$11.9M0.84%
39ALPS ETF TR00162Q452228,198$11.9M0.83%
40HONEYWELL INTL INC43851610655,792$11.8M0.83%
41NOVO-NORDISK A SNONOF169,195$11.7M0.82%
42S&P GLOBAL INCSPGI20,230$10.3M0.72%
43CHURCH & DWIGHT CO INCCHD90,846$10.0M0.70%
44ULTA BEAUTY INCULTA26,671$9.8M0.69%
45PROLOGIS INC.PLDGP87,335$9.8M0.68%
46BERKSHIRE HATHAWAY INC DELBRK-A17,852$9.5M0.67%
47WATERS CORP94184810325,513$9.4M0.66%
48ISHARES TR46428720016,373$9.2M0.65%
49PROCTER AND GAMBLE CO74271810952,269$8.9M0.62%
50ENTERPRISE PRODS PARTNERS L293792107258,824$8.8M0.62%
51ALPHABET INCGOOG54,408$8.5M0.60%
52SCHWAB CHARLES CORPSCHW-PJ101,868$8.0M0.56%
53ILLINOIS TOOL WKS INC45230810929,708$7.4M0.52%
54BANK AMERICA CORP060505104172,129$7.2M0.50%
55DOVER CORPDOV37,471$6.6M0.46%
56PAYCHEX INCPAYX37,612$5.8M0.41%
57AXSOME THERAPEUTICS INCAXSM49,570$5.8M0.41%
58ENERGY TRANSFER L PET-PI268,753$5.0M0.35%
59ROPER TECHNOLOGIES INCROP7,943$4.7M0.33%
60NOVARTIS AGNVSEF41,420$4.6M0.32%
61PHILIP MORRIS INTL INC71817210927,592$4.4M0.31%
62EOG RES INCEOG30,469$3.9M0.27%
63VERTEX PHARMACEUTICALS INCVRTX8,044$3.9M0.27%
64NUVECTIS PHARMA INCNVCT358,461$3.5M0.25%
65COHEN & STEERS SELECT PFD &19248Y107170,105$3.4M0.24%
66AUTOMATIC DATA PROCESSING INADP10,944$3.3M0.23%
67VANGUARD INDEX FDS9229083636,365$3.3M0.23%
68META PLATFORMS INCMETA5,502$3.2M0.22%
69ALTRIA GROUP INCMO51,439$3.1M0.22%
70DOUBLELINE ETF TRUST25861R30358,937$3.1M0.21%
71STRYKER CORPORATIONSYK8,140$3.0M0.21%
72VANGUARD INDEX FDS92290861115,877$3.0M0.21%
73MCCORMICK & CO INCMKC-V33,965$2.8M0.20%
74TORONTO DOMINION BK ONTTORO46,375$2.8M0.20%
75COCA COLA COKO38,743$2.8M0.19%
76THERMO FISHER SCIENTIFIC INCTMO5,490$2.7M0.19%
77TARGA RES CORPTRGP12,661$2.5M0.18%
78SPDR S&P 500 ETF TRSPY3,954$2.2M0.16%
79GLACIER BANCORP INC NEWGBCI43,820$1.9M0.14%
80ELI LILLY & COLLY2,277$1.9M0.13%
81UBER TECHNOLOGIES INCUBER25,271$1.8M0.13%
82HCI GROUP INCHCIIP12,234$1.8M0.13%
83APOLLO GLOBAL MGMT INC03769M10613,180$1.8M0.13%
84FASTENAL COFAST22,158$1.7M0.12%
85COHEN & STEERS LTD DURATION19248C10582,150$1.7M0.12%
86ONEOK INC NEWOKE16,839$1.7M0.12%
87ABBVIE INCABBV7,758$1.6M0.11%
88BROADCOM INCAVGO9,549$1.6M0.11%
89BANK NEW YORK MELLON CORP06405810017,177$1.4M0.10%
90BLACKROCK INCBLK1,495$1.4M0.10%
91HOME DEPOT INCHD3,789$1.4M0.10%
92EMERSON ELEC COEMR12,630$1.4M0.10%
93AMGEN INCAMGN3,918$1.2M0.09%
94GOLDMAN SACHS ETF TRNVGLF11,895$1.2M0.08%
95RESMED INCRSMDF5,237$1.2M0.08%
96ISHARES TR4642876555,509$1.1M0.08%
97VANGUARD SPECIALIZED FUNDS9219088445,500$1.1M0.07%
98FIRST TR EXCHANGE TRAD FD VI33739H10141,006$1.0M0.07%
99SELECT SECTOR SPDR TR81369Y50610,995$1.0M0.07%
100HINGHAM INSTN SVGS MASS4333231024,173$992,3390.07%
1013M COMMM6,348$932,2670.07%
102GLOBAL PARTNERS LPGLP-PB17,000$907,4600.06%
103ABBOTT LABSABLZF6,839$907,1930.06%
104PROGRESSIVE CORP7433151033,205$907,0470.06%
105WEYERHAEUSER CO MTN BEWY30,399$890,0840.06%
106CANADIAN NATL RY CO1363751028,728$850,6310.06%
107UNITEDHEALTH GROUP INCUNH1,614$845,3330.06%
108TC ENERGY CORPTRPRF17,727$836,9150.06%
109STOCK YDS BANCORP INC86102510412,030$830,7920.06%
110SERIES PORTFOLIOS TR81752T52830,931$821,8370.06%
111TELEFLEX INCORPORATEDTFX5,610$775,2460.05%
112KIMBERLY-CLARK CORPKMB5,429$772,1120.05%
113DEERE & CODE1,644$771,6110.05%
114INVESCO EXCH TRADED FD TR IIIVZ16,584$765,7920.05%
115VANGUARD TAX-MANAGED FDS92194385814,998$762,3480.05%
116VANGUARD INTL EQUITY INDEX F92204285816,519$747,6500.05%
117PFIZER INCPFE29,163$738,9900.05%
118TRAVELERS COMPANIES INCTRV2,741$724,8850.05%
119CARLYLE GROUP INCCGABL15,720$685,2350.05%
120ALLIANCEBERNSTEIN HLDG L P01881G10617,525$671,3830.05%
121SUNOCO LP/SUNOCO FIN CORPSUN11,360$659,5620.05%
122INVESCO EXCH TRADED FD TR IIIVZ6,600$655,6440.05%
123HIMS & HERS HEALTH INCHIMS21,871$646,2880.05%
124CATERPILLAR INCCAT1,955$644,7590.05%
125DISNEY WALT CO2546871066,515$643,0310.05%
126SOUTHERN COSOMN6,964$640,3400.04%
127VANGUARD WORLD FD92204A6032,583$639,4220.04%
128NETFLIX INCNFLX649$605,2120.04%
129OREILLY AUTOMOTIVE INC67103H107417$597,3860.04%
130VANGUARD INDEX FDS9229087692,150$590,9060.04%
131WELLS FARGO CO NEW9497461018,178$587,0990.04%
132VANGUARD BD INDEX FDS9219378357,904$580,5490.04%
133VANECK ETF TRUST92189F10612,455$572,5560.04%
134WISDOMTREE TRWT13,070$571,2900.04%
135SELECT SECTOR SPDR TR81369Y4072,770$546,9640.04%
136PLAINS ALL AMERN PIPELINE L72650310526,409$528,2050.04%
137AMERICAN HEALTHCARE REIT INCAHR17,373$526,4020.04%
138INTUITINTU855$524,9610.04%
139AMERICAN WTR WKS CO INC NEW0304201033,547$523,2530.04%
140METTLER TOLEDO INTERNATIONALMTD442$521,9620.04%
141KINSALE CAP GROUP INC49714P1081,060$515,9130.04%
142WALMART INCWMT5,762$505,8460.04%
143AIR PRODS & CHEMS INCAIIR1,715$505,7880.04%
144SPOTIFY TECHNOLOGY S ASPOT903$496,6770.03%
145PAYPAL HLDGS INCPYPL7,491$488,7880.03%
146EDWARDS LIFESCIENCES CORPEW6,648$481,8470.03%
147GOLDMAN SACHS BDC INCGSBD40,954$476,2950.03%
148ISHARES TR4642874814,000$469,9600.03%
149CONOCOPHILLIPSCOP4,450$467,3390.03%
150ADVANCED MICRO DEVICES INCAMD4,529$465,3090.03%
151AMERICAN TOWER CORP NEW03027X1002,115$460,2240.03%
152CHECK POINT SOFTWARE TECH LTM224651041,979$451,0540.03%
153WISDOMTREE TRWT4,084$449,9220.03%
154ORACLE CORPORCL-PD3,175$443,8970.03%
155SPDR SER TR78464A7633,230$438,2460.03%
156TESLA INCTSLA1,662$430,7240.03%
157FORTUNE BRANDS INNOVATIONS IFBIN7,027$427,8040.03%
158MASTERCARD INCORPORATEDMA778$426,4370.03%
159TJX COS INC NEW8725401093,496$425,8130.03%
160ISHARES SILVER TRSLV13,350$413,7170.03%
161SEACOAST BKG CORP FLASE15,980$411,1650.03%
162QUALCOMM INCQCOM2,512$385,8680.03%
163FEDEX CORPFDX1,560$380,2970.03%
164VANGUARD WORLD FD9219107333,848$376,9120.03%
165MCDONALDS CORPMCD1,199$374,5320.03%
166HUBSPOT INCHUBS643$367,3390.03%
167BRIGHT HORIZONS FAM SOL IN D1091941002,804$356,2200.02%
168SCHWAB STRATEGIC TR80852410216,243$349,7120.02%
169NORFOLK SOUTHN CORP6558441081,456$344,8540.02%
170EXPEDIA GROUP INCEXPE2,000$336,2000.02%
171INVESCO QQQ TRIVZ706$331,0580.02%
172DUPONT DE NEMOURS INCDD4,308$321,7210.02%
173BALCHEM CORPBCPC1,914$317,7330.02%
174THE TRADE DESK INC88339J1055,784$316,5000.02%
175VERIZON COMMUNICATIONS INCVZ6,954$315,4330.02%
176SERVICENOW INCNOW396$315,2710.02%
177ISHARES TR4642878042,983$311,9320.02%
178GE AEROSPACE3696043011,543$308,9150.02%
179MOODYS CORPMCO657$305,9580.02%
180AXON ENTERPRISE INCAXON577$303,4730.02%
181LINDE PLCLIN643$299,4070.02%
182ISHARES INC46434G8224,292$294,2600.02%
183ISHARES TR4642874081,537$292,9210.02%
184VANGUARD INDEX FDS9229087441,690$291,9310.02%
185TRANE TECHNOLOGIES PLCTT866$291,7730.02%
186NATWEST GROUP PLCRBSPF23,686$282,3370.02%
187KINDER MORGAN INC DELEP-PC9,811$279,9080.02%
188LOWES COS INC5486611071,194$278,4770.02%
189MSCI INCMSCI490$277,1060.02%
190AT&T INCT-PC9,150$258,7620.02%
191PIMCO ETF TR72201R8332,565$258,0900.02%
192MPLX LPMPLXP4,796$256,6820.02%
193HESS MIDSTREAM LPHESM6,000$253,7400.02%
194WISDOMTREE TRWT5,015$252,4050.02%
195HELIOS TECHNOLOGIES INCHLIO7,746$248,5690.02%
196CVS HEALTH CORPCVS3,652$247,4230.02%
197OLLIES BARGAIN OUTLET HLDGS6811161092,112$245,7520.02%
198WISDOMTREE TRWT5,499$238,8330.02%
199ZSCALER INCZS1,200$238,1040.02%
200CME GROUP INCCME896$237,7000.02%
201GLOBAL X FDS37954Y8486,000$236,7000.02%
202T-MOBILE US INCTMUSZ878$234,1710.02%
203CADENCE DESIGN SYSTEM INCCDNS916$232,9660.02%
204CISCO SYS INCCSCO3,763$232,2150.02%
205LAM RESEARCH CORPLRCX3,129$227,4780.02%
206TELEFONAKTIEBOLAGET LM ERICS29482160829,196$226,5610.02%
207GENERAL DYNAMICS CORPGD818$222,9700.02%
208RTX CORPORATIONRTX1,676$222,0030.02%
209DEXCOM INCDXCM3,219$219,8260.02%
210ISHARES TR4642875561,695$216,7910.02%
211TE CONNECTIVITY PLCTEL1,517$214,3820.02%
212CORTEVA INCCTVA3,368$211,9480.01%
213COLGATE PALMOLIVE COCL2,237$209,6070.01%
214ISHARES TR4642874992,453$208,6770.01%
215SEA LTDSE1,593$207,8710.01%
216WATSCO INCWSO-B407$206,8780.01%
217MARSH & MCLENNAN COS INC571748102847$206,6930.01%
218US BANCORP DELUSB-PS4,866$205,4430.01%
219STARBUCKS CORPSBUX2,088$204,8120.01%
220WESTERN MIDSTREAM PARTNERS LWES5,000$204,8000.01%
221HEALTHCARE RLTY TR42226K10512,100$204,4900.01%
222INFOSYS LTDINFY11,143$203,3600.01%
223KT CORPKT10,171$180,1280.01%
224ISHARES INC46428632710,610$159,0440.01%
225CHIMERA INVT CORP16934Q80211,744$150,6760.01%
226ORLA MNG LTD NEW68634K10615,600$145,6910.01%
227BEYOND AIR INCXAIR308,000$83,9300.01%
228GRAB HOLDINGS LIMITEDGRABW17,995$81,5170.01%
229ALPHABET INCGOOG400$61,8560.00%
230AMAZON COM INCAMZN300$57,0780.00%
231MICROSOFT CORPMSFT140$52,5550.00%
232APPLE INCAAPL220$48,8690.00%
233BLACKROCK INCBLK50$47,3240.00%
234COSTCO WHSL CORP NEW22160K10540$37,8310.00%
235VERTEX PHARMACEUTICALS INCVRTX75$36,3620.00%
236PEPSICO INCPEP200$29,9880.00%
237VISA INCV80$28,0370.00%
238MERCK & CO INCMRK300$26,9280.00%
239INVESCO QQQ TRIVZ50$23,4460.00%
240NOVO-NORDISK A SNONOF321$22,2900.00%
241DANAHER CORPORATION235851102100$20,5000.00%
242ISHARES TR464287655100$19,9490.00%
243LINDE PLCLIN38$17,6940.00%
244HONEYWELL INTL INC43851610683$17,5750.00%
245ACCENTURE PLC IRELANDACN55$17,1620.00%
246VANGUARD TAX-MANAGED FDS921943858310$15,7570.00%
247BLACKSTONE INCBX100$13,9780.00%
248ADOBE INCADBE35$13,4240.00%
249MARRIOTT INTL INC NEW57190320245$10,7190.00%
250PROLOGIS INC.PLDGP95$10,6200.00%
251COOPER COS INC216648501100$8,4350.00%
252ULTA BEAUTY INCULTA20$7,3310.00%
253NVIDIA CORPORATIONNVDA60$6,5030.00%