13F HOLDINGS REPORT

HEADINVEST, LLC

Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001172661-25-003356

Total Value

$469.4M

Positions

206

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (206)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287804	231,279	$25.3M	5.38%
2	MICROSOFT CORP	MSFT	42,309	$21.0M	4.48%
3	VANGUARD WHITEHALL FDS	921946406	103,308	$13.8M	2.93%
4	VANGUARD INDEX FDS	922908769	45,243	$13.8M	2.93%
5	VANGUARD INDEX FDS	922908637	46,663	$13.3M	2.84%
6	JANUS DETROIT STR TR	47103U845	217,708	$11.0M	2.35%
7	INTUIT	INTU	13,886	$10.9M	2.33%
8	VANGUARD BD INDEX FDS	921937827	129,008	$10.2M	2.16%
9	FISERV INC	FISV	55,073	$9.5M	2.02%
10	AMERICAN EXPRESS CO	AXP	29,079	$9.3M	1.98%
11	ORACLE CORP	ORCL-PD	39,950	$8.7M	1.86%
12	VANGUARD TAX-MANAGED FDS	921943858	149,033	$8.5M	1.81%
13	ACCENTURE PLC IRELAND	ACN	27,855	$8.3M	1.77%
14	VANGUARD INDEX FDS	922908629	29,284	$8.2M	1.75%
15	NOVO-NORDISK A S	NONOF	116,989	$8.1M	1.72%
16	WALMART INC	WMT	76,385	$7.5M	1.59%
17	EMERSON ELEC CO	EMR	54,481	$7.3M	1.55%
18	ALPHABET INC	GOOG	39,456	$7.0M	1.48%
19	VANGUARD SCOTTSDALE FDS	92206C870	81,402	$6.7M	1.44%
20	VANGUARD SPECIALIZED FUNDS	921908844	32,622	$6.7M	1.42%
21	TEXAS INSTRS INC	882508104	30,769	$6.4M	1.36%
22	DANAHER CORPORATION	235851102	32,285	$6.4M	1.36%
23	LINDE PLC	LIN	13,546	$6.4M	1.35%
24	WATERS CORP	941848103	17,773	$6.2M	1.32%
25	ISHARES TR	464288570	52,287	$6.1M	1.29%
26	JPMORGAN CHASE & CO.	VYLD	19,829	$5.7M	1.22%
27	PROCTER AND GAMBLE CO	742718109	35,209	$5.6M	1.20%
28	APPLE INC	AAPL	27,211	$5.6M	1.19%
29	VANGUARD INDEX FDS	922908751	22,358	$5.3M	1.13%
30	CISCO SYS INC	CSCO	74,429	$5.2M	1.10%
31	UNILEVER PLC	UNLYF	80,890	$4.9M	1.05%
32	VANGUARD INTL EQUITY INDEX F	922042858	98,997	$4.9M	1.04%
33	PEPSICO INC	PEP	35,985	$4.8M	1.01%
34	NVIDIA CORPORATION	NVDA	28,747	$4.5M	0.97%
35	MEDTRONIC PLC	MDT	50,105	$4.4M	0.93%
36	SPDR GOLD TR	GLD	14,321	$4.4M	0.93%
37	CHEVRON CORP NEW	CVX	27,836	$4.0M	0.85%
38	IDEXX LABS INC	45168D104	7,176	$3.8M	0.82%
39	ISHARES TR	46436E718	38,206	$3.8M	0.82%
40	AMAZON COM INC	AMZN	17,196	$3.8M	0.80%
41	KINDER MORGAN INC DEL	EP-PC	125,768	$3.7M	0.79%
42	HONEYWELL INTL INC	438516106	15,858	$3.7M	0.79%
43	ISHARES TR	464287507	56,552	$3.5M	0.75%
44	ECOLAB INC	ECL	12,519	$3.4M	0.72%
45	SPDR SERIES TRUST	78468R663	34,262	$3.1M	0.67%
46	EATON CORP PLC	ETN	8,657	$3.1M	0.66%
47	VANGUARD SCOTTSDALE FDS	92206C409	38,862	$3.1M	0.66%
48	EXXON MOBIL CORP	XOM	28,033	$3.0M	0.64%
49	SCHWAB STRATEGIC TR	808524797	111,216	$2.9M	0.63%
50	MASTERCARD INCORPORATED	MA	4,898	$2.8M	0.59%
51	ISHARES TR	464287457	31,710	$2.6M	0.56%
52	VANGUARD INDEX FDS	922908363	4,342	$2.5M	0.53%
53	BERKSHIRE HATHAWAY INC DEL	BRK-A	5,064	$2.5M	0.52%
54	ISHARES INC	46434G103	38,030	$2.3M	0.49%
55	ADOBE INC	ADBE	5,793	$2.2M	0.48%
56	PALO ALTO NETWORKS INC	PANW	10,618	$2.2M	0.46%
57	TJX COS INC NEW	872540109	17,274	$2.1M	0.45%
58	NOVARTIS AG	NVSEF	16,884	$2.0M	0.44%
59	UBER TECHNOLOGIES INC	UBER	21,887	$2.0M	0.44%
60	VANGUARD MALVERN FDS	922020805	38,647	$1.9M	0.41%
61	ISHARES TR	464287200	3,074	$1.9M	0.41%
62	VANGUARD SCOTTSDALE FDS	92206C102	31,384	$1.8M	0.39%
63	INTERCONTINENTAL EXCHANGE IN	45866F104	9,556	$1.8M	0.37%
64	FORTIVE CORP	FTV	32,469	$1.7M	0.36%
65	ABBVIE INC	ABBV	8,115	$1.5M	0.32%
66	SPDR S&P 500 ETF TR	SPY	2,376	$1.5M	0.31%
67	MCDONALDS CORP	MCD	5,022	$1.5M	0.31%
68	CARRIER GLOBAL CORPORATION	CARR	20,022	$1.5M	0.31%
69	HOLOGIC INC	HOLX	21,870	$1.4M	0.30%
70	KLA CORP	KLAC	1,544	$1.4M	0.29%
71	INTERNATIONAL BUSINESS MACHS	INTR	4,602	$1.4M	0.29%
72	ABBOTT LABS	ABLZF	9,741	$1.3M	0.28%
73	VANGUARD INDEX FDS	922908736	2,978	$1.3M	0.28%
74	GOLDMAN SACHS ETF TR	NVGLF	14,679	$1.3M	0.27%
75	SPDR SERIES TRUST	78468R853	30,015	$1.3M	0.27%
76	VANGUARD WORLD FD	921910725	18,214	$1.2M	0.25%
77	ELI LILLY & CO	LLY	1,504	$1.2M	0.25%
78	VISA INC	V	3,266	$1.2M	0.25%
79	VERTEX PHARMACEUTICALS INC	VRTX	2,530	$1.1M	0.24%
80	JOHNSON & JOHNSON	JNJ	7,320	$1.1M	0.24%
81	VANGUARD BD INDEX FDS	921937819	14,183	$1.1M	0.23%
82	MERCK & CO INC	MRK	13,608	$1.1M	0.23%
83	MONDELEZ INTL INC	609207105	15,905	$1.1M	0.23%
84	META PLATFORMS INC	META	1,419	$1.0M	0.22%
85	REPUBLIC SVCS INC	760759100	4,223	$1.0M	0.22%
86	SCHWAB STRATEGIC TR	808524300	34,844	$1.0M	0.22%
87	INVESCO EXCH TRD SLF IDX FD	IVZ	47,946	$987,688	0.21%
88	ISHARES TR	46432F842	11,653	$972,792	0.21%
89	ALPHABET INC	GOOG	5,456	$967,840	0.21%
90	ISHARES TR	46432F859	19,847	$965,557	0.21%
91	NEXTERA ENERGY INC	NEE-PW	13,869	$962,786	0.21%
92	UNITED PARCEL SERVICE INC	UPS	9,516	$960,545	0.20%
93	ULTA BEAUTY INC	ULTA	2,049	$958,563	0.20%
94	ISHARES TR	464287465	10,707	$957,099	0.20%
95	COCA COLA CO	KO	13,486	$954,105	0.20%
96	ISHARES TR	464287432	10,657	$940,480	0.20%
97	ISHARES TR	46436E312	36,890	$932,756	0.20%
98	DEVON ENERGY CORP NEW	25179M103	29,170	$927,898	0.20%
99	GE AEROSPACE	369604301	3,563	$917,081	0.20%
100	SELECT SECTOR SPDR TR	81369Y605	17,102	$895,632	0.19%
101	ADVANCED MICRO DEVICES INC	AMD	6,295	$893,261	0.19%
102	MOSAIC CO NEW	MOS	24,000	$875,520	0.19%
103	KENVUE INC	KVUE	41,502	$868,627	0.19%
104	HOME DEPOT INC	HD	2,335	$856,104	0.18%
105	ISHARES TR	464287622	2,440	$828,551	0.18%
106	ISHARES TR	46436E296	35,701	$822,185	0.18%
107	ISHARES TR	46436E478	36,300	$818,202	0.17%
108	VANGUARD WELLINGTON FD	921935870	7,934	$800,779	0.17%
109	VANGUARD INDEX FDS	922908744	4,503	$795,860	0.17%
110	CADENCE DESIGN SYSTEM INC	CDNS	2,554	$787,015	0.17%
111	RTX CORPORATION	RTX	5,373	$784,565	0.17%
112	CHUBB LIMITED	CB	2,693	$780,216	0.17%
113	AUTOMATIC DATA PROCESSING IN	ADP	2,520	$777,168	0.17%
114	ISHARES TR	46436E528	33,425	$776,463	0.17%
115	SCHLUMBERGER LTD	SLB	22,868	$772,938	0.16%
116	BROADCOM INC	AVGO	2,731	$752,800	0.16%
117	XYLEM INC	XYL	5,782	$747,960	0.16%
118	TOTALENERGIES SE	TTE	12,000	$736,680	0.16%
119	BANK AMERICA CORP	060505104	15,467	$731,898	0.16%
120	BERKSHIRE HATHAWAY INC DEL	BRK-A	1	$728,800	0.16%
121	T-MOBILE US INC	TMUSZ	3,021	$719,783	0.15%
122	GOLDMAN SACHS GROUP INC	GSCE	986	$697,842	0.15%
123	ISHARES TR	46436E387	28,325	$672,152	0.14%
124	ISHARES TR	46429B697	7,006	$657,653	0.14%
125	ISHARES TR	46436E379	26,978	$639,109	0.14%
126	GE VERNOVA INC	GEV	1,197	$633,393	0.13%
127	DUKE ENERGY CORP NEW	DUKB	5,278	$622,804	0.13%
128	VANGUARD WORLD FD	92204A702	936	$620,830	0.13%
129	COSTCO WHSL CORP NEW	22160K105	624	$617,872	0.13%
130	THERMO FISHER SCIENTIFIC INC	TMO	1,486	$602,531	0.13%
131	ANALOG DEVICES INC	ADI	2,518	$599,334	0.13%
132	RALLIANT CORP	RAL	10,785	$571,120	0.12%
133	BRISTOL-MYERS SQUIBB CO	CELG-RI	12,329	$570,709	0.12%
134	RIO TINTO PLC	RTNTF	9,500	$554,135	0.12%
135	ISHARES TR	46434V803	14,580	$553,457	0.12%
136	ISHARES TR	464287556	4,176	$528,306	0.11%
137	MARVELL TECHNOLOGY INC	MRVL	6,726	$520,592	0.11%
138	S&P GLOBAL INC	SPGI	982	$517,799	0.11%
139	SALESFORCE INC	CRM	1,854	$505,571	0.11%
140	ISHARES TR	46434V621	7,766	$496,558	0.11%
141	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,187	$495,334	0.11%
142	PROSHARES TR	74347B680	5,992	$488,558	0.10%
143	FREEPORT-MCMORAN INC	FCX	11,100	$481,185	0.10%
144	SCHWAB STRATEGIC TR	808524722	15,794	$470,982	0.10%
145	ISHARES TR	464288273	6,370	$462,972	0.10%
146	SPDR SERIES TRUST	78464A698	7,765	$461,163	0.10%
147	TRANE TECHNOLOGIES PLC	TT	1,050	$459,281	0.10%
148	ISHARES TR	46435G243	18,194	$457,943	0.10%
149	VANGUARD INTL EQUITY INDEX F	922042874	5,569	$431,598	0.09%
150	ILLINOIS TOOL WKS INC	452308109	1,733	$428,484	0.09%
151	CROWDSTRIKE HLDGS INC	CRWD	838	$426,802	0.09%
152	PFIZER INC	PFE	17,589	$426,357	0.09%
153	ISHARES TR	46436E544	10,550	$417,253	0.09%
154	ASML HOLDING N V	ASMLF	518	$415,120	0.09%
155	ZOETIS INC	ZTS	2,654	$413,891	0.09%
156	SPDR SERIES TRUST	78464A763	3,043	$413,026	0.09%
157	ISHARES TR	464287614	972	$412,692	0.09%
158	ISHARES TR	464287671	2,710	$407,584	0.09%
159	SPDR SERIES TRUST	78464A870	4,846	$401,880	0.09%
160	SYNOPSYS INC	SNPS	773	$396,302	0.08%
161	CHECK POINT SOFTWARE TECH LT	M22465104	1,780	$393,825	0.08%
162	RBB FD INC	74933W601	5,783	$373,053	0.08%
163	QUALCOMM INC	QCOM	2,320	$369,483	0.08%
164	AIR PRODS & CHEMS INC	AIIR	1,303	$367,524	0.08%
165	YUM BRANDS INC	YUM	2,471	$366,153	0.08%
166	DOMINION ENERGY INC	D	6,477	$366,080	0.08%
167	QUANTA SVCS INC	74762E102	944	$356,908	0.08%
168	CROWN CASTLE INC	CCI	3,459	$355,343	0.08%
169	VANGUARD INTL EQUITY INDEX F	922042775	5,220	$350,888	0.07%
170	ISHARES TR	464287176	3,127	$344,095	0.07%
171	CONSTELLATION ENERGY CORP	CEG	1,011	$326,310	0.07%
172	GENUINE PARTS CO	GPC	2,678	$324,868	0.07%
173	NIKE INC	NKE	4,456	$316,562	0.07%
174	VANGUARD BD INDEX FDS	921937835	4,288	$315,725	0.07%
175	UNION PAC CORP	UNP	1,369	$314,980	0.07%
176	NETFLIX INC	NFLX	235	$314,696	0.07%
177	LOWES COS INC	548661107	1,387	$307,734	0.07%
178	STRYKER CORPORATION	SYK	774	$306,218	0.07%
179	BOEING CO	BA-PA	1,434	$300,466	0.06%
180	VANGUARD INDEX FDS	922908553	3,332	$296,748	0.06%
181	SCHWAB STRATEGIC TR	808524508	10,555	$296,060	0.06%
182	OCCIDENTAL PETE CORP	674599105	6,987	$293,524	0.06%
183	KIMBERLY-CLARK CORP	KMB	2,238	$288,523	0.06%
184	PUBLIC STORAGE OPER CO	PSA-PS	978	$286,965	0.06%
185	ISHARES TR	464287150	2,119	$286,150	0.06%
186	BECTON DICKINSON & CO	BDX	1,656	$285,246	0.06%
187	VANGUARD SCOTTSDALE FDS	92206C730	990	$278,051	0.06%
188	PAYPAL HLDGS INC	PYPL	3,610	$268,295	0.06%
189	SYSCO CORP	SYY	3,533	$267,589	0.06%
190	US BANCORP DEL	USB-PS	5,900	$266,975	0.06%
191	VANGUARD INDEX FDS	922908595	940	$260,324	0.06%
192	OMNICOM GROUP INC	OMC	3,605	$259,344	0.06%
193	VANGUARD INDEX FDS	922908611	1,325	$258,388	0.06%
194	ISHARES TR	464287663	2,673	$252,946	0.05%
195	ALLSTATE CORP	ALL-PJ	1,245	$250,631	0.05%
196	ISHARES TR	46434V100	4,859	$245,817	0.05%
197	WELLS FARGO CO NEW	949746101	3,021	$242,043	0.05%
198	MORGAN STANLEY	MS-PQ	1,687	$237,631	0.05%
199	CONOCOPHILLIPS	COP	2,544	$228,299	0.05%
200	VERVE THERAPEUTICS INC	92539P101	20,000	$224,600	0.05%
201	SPDR SERIES TRUST	78464A847	3,995	$217,248	0.05%
202	MERCADOLIBRE INC	MELI	79	$206,477	0.04%
203	L3HARRIS TECHNOLOGIES INC	LHX	807	$202,428	0.04%
204	STARBUCKS CORP	SBUX	2,187	$200,416	0.04%
205	ISHARES TR	464288224	10,232	$134,136	0.03%
206	ONCOLYTICS BIOTECH INC	ONCY	44,834	$34,657	0.01%