13F HOLDINGS REPORT
BOSTON RESEARCH & MANAGEMENT INC
Quarter ended Q3 2025 · Filed November 12, 2025 · Accession 0001259261-25-000012
Total Value
$453,374
Positions
119
Other Managers
0
Confidential Omitted
No
Holdings (119)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Microsoft Corp | MSFT | 41,547 | $21,519 | 4.75% |
| 2 | iShares Core S&P 500 ETF | 464287200 | 29,424 | $19,694 | 4.34% |
| 3 | Apple Inc. | AAPL | 58,139 | $14,803 | 3.27% |
| 4 | Wal-Mart Stores | WMT | 128,921 | $13,286 | 2.93% |
| 5 | Alphabet, Inc. - Class A | GOOG | 50,830 | $12,356 | 2.73% |
| 6 | AbbVie Inc. | ABBV | 51,138 | $11,840 | 2.61% |
| 7 | Mastercard, Inc. | MA | 20,426 | $11,619 | 2.56% |
| 8 | J.P. Morgan Chase & Co. | VYLD | 34,534 | $10,893 | 2.40% |
| 9 | Fastenal Co | FAST | 209,717 | $10,284 | 2.27% |
| 10 | Tractor Supply Co | TSCO | 174,985 | $9,951 | 2.19% |
| 11 | Cisco Systems, Inc. | CSCO | 144,704 | $9,900 | 2.18% |
| 12 | Berkshire Hathaway Inc. Class | BRK-A | 19,006 | $9,555 | 2.11% |
| 13 | Xylem Inc. | XYL | 64,674 | $9,539 | 2.10% |
| 14 | Bank of New York Mellon Corp | 064058100 | 84,262 | $9,181 | 2.03% |
| 15 | iShares Core S&P SmallCap ETF | 464287804 | 76,126 | $9,046 | 2.00% |
| 16 | Abbott Laboratories | ABLZF | 59,337 | $7,947 | 1.75% |
| 17 | Amazon.com Inc | AMZN | 35,772 | $7,854 | 1.73% |
| 18 | McDonald's Corp | MCD | 25,019 | $7,603 | 1.68% |
| 19 | Procter & Gamble Co | 742718109 | 49,426 | $7,594 | 1.67% |
| 20 | Linde PLC | LIN | 15,942 | $7,572 | 1.67% |
| 21 | Nvidia | NVDA | 40,349 | $7,528 | 1.66% |
| 22 | D.R. Horton, Inc. | 23331a109 | 42,392 | $7,184 | 1.58% |
| 23 | iShares Core MSCI Emerging Mkt | 46434g103 | 106,989 | $7,052 | 1.56% |
| 24 | Labcorp Holdings | LH | 24,141 | $6,930 | 1.53% |
| 25 | Snap-On Inc. | SNA | 18,942 | $6,563 | 1.45% |
| 26 | Exxon Mobil Corp. | XOM | 56,221 | $6,338 | 1.40% |
| 27 | iShares Core MSCI EAFE ETF | 46432f842 | 70,577 | $6,162 | 1.36% |
| 28 | Lockheed Martin Corp | LMT | 11,692 | $5,836 | 1.29% |
| 29 | General Mills Inc Com | 370334104 | 115,357 | $5,816 | 1.28% |
| 30 | Nextera Energy Inc. | NEE-PW | 77,021 | $5,814 | 1.28% |
| 31 | Merck & Co. Inc. | MRK | 67,615 | $5,674 | 1.25% |
| 32 | Sysco Corp | SYY | 68,737 | $5,659 | 1.25% |
| 33 | Duke Energy Corp. | DUKB | 45,537 | $5,635 | 1.24% |
| 34 | Walt Disney Co | 254687106 | 47,360 | $5,422 | 1.20% |
| 35 | Thermo Fisher Scientific | TMO | 10,971 | $5,321 | 1.17% |
| 36 | Coca-Cola Company | KO | 77,743 | $5,155 | 1.14% |
| 37 | Colgate-Palmolive Company | CL | 63,926 | $5,110 | 1.13% |
| 38 | iShares Russell 2000 Index Fun | 464287655 | 20,975 | $5,075 | 1.12% |
| 39 | Pepsi Co Inc | PEP | 35,981 | $5,053 | 1.11% |
| 40 | Accenture PLC | ACN | 19,854 | $4,896 | 1.08% |
| 41 | Medtronic Plc | MDT | 50,778 | $4,836 | 1.07% |
| 42 | US Bancorp | USB-PS | 98,833 | $4,776 | 1.05% |
| 43 | Verizon Communications | VZ | 108,650 | $4,775 | 1.05% |
| 44 | SPDR S&P 500 ETF | SPY | 7,046 | $4,694 | 1.04% |
| 45 | Adobe Inc | ADBE | 12,668 | $4,468 | 0.99% |
| 46 | Comcast Corp Cl A Vtg | CCZ | 139,866 | $4,394 | 0.97% |
| 47 | Cintas Corporation | CTAS | 20,270 | $4,160 | 0.92% |
| 48 | Vanguard Total Stock Market ET | 922908769 | 12,380 | $4,062 | 0.90% |
| 49 | Omnicom Group Inc Com | OMC | 49,661 | $4,048 | 0.89% |
| 50 | AMEX Energy Sector SPDR | 81369y506 | 42,696 | $3,814 | 0.84% |
| 51 | ConocoPhillips | COP | 40,173 | $3,799 | 0.84% |
| 52 | United Parcel Services | UPS | 44,936 | $3,753 | 0.83% |
| 53 | iShares Comex Gold Trust | IAU | 49,894 | $3,630 | 0.80% |
| 54 | Home Depot, Inc. | HD | 8,805 | $3,567 | 0.79% |
| 55 | iShares Core S&P Midcap ETF | 464287507 | 51,027 | $3,330 | 0.73% |
| 56 | Eli Lilly & Co | LLY | 4,188 | $3,195 | 0.70% |
| 57 | Oracle Corp. | ORCL-PD | 9,814 | $2,760 | 0.61% |
| 58 | Equinix Inc | EQIX | 3,402 | $2,664 | 0.59% |
| 59 | iShares iBoxx High Yield Corp | 464288513 | 31,776 | $2,579 | 0.57% |
| 60 | Vanguard Small-Cap ETF | 922908751 | 9,993 | $2,541 | 0.56% |
| 61 | Alphabet, Inc. - Class C | GOOG | 9,615 | $2,341 | 0.52% |
| 62 | Johnson & Johnson | JNJ | 9,613 | $1,782 | 0.39% |
| 63 | VanEck Vectors Biotech ETF | 92189F726 | 10,446 | $1,730 | 0.38% |
| 64 | Caterpillar | CAT | 3,542 | $1,690 | 0.37% |
| 65 | Stryker Corp | SYK | 4,354 | $1,609 | 0.35% |
| 66 | iShares Nasdaq Biotechnology I | 464287556 | 10,978 | $1,584 | 0.35% |
| 67 | Chevron Corp | CVX | 8,520 | $1,323 | 0.29% |
| 68 | Vanguard Developed Markets ETF | 921943858 | 20,216 | $1,211 | 0.27% |
| 69 | Vanguard FTSE All-World Ex-US | 922042775 | 16,981 | $1,211 | 0.27% |
| 70 | Independent Bank Corp Mass Com | 453836108 | 17,011 | $1,176 | 0.26% |
| 71 | SPDR DJIA ETF Trust | 78467X109 | 2,412 | $1,118 | 0.25% |
| 72 | Paychex, Inc. | PAYX | 7,555 | $957 | 0.21% |
| 73 | Intl Business Machines Corp | INTR | 3,260 | $919 | 0.20% |
| 74 | Vanguard Emerging Markets ETF | 922042858 | 14,126 | $765 | 0.17% |
| 75 | GE Aerospace | 369604301 | 2,373 | $713 | 0.16% |
| 76 | VaneckVectors HY Muni ETF | 92189h409 | 13,518 | $688 | 0.15% |
| 77 | Waste Management, Inc. | WM | 3,090 | $682 | 0.15% |
| 78 | 3M Co | MMM | 4,394 | $681 | 0.15% |
| 79 | Illinois Tool Works | 452308109 | 2,580 | $672 | 0.15% |
| 80 | Emerson Electric Co | EMR | 5,100 | $669 | 0.15% |
| 81 | Yum! Brands Inc. | YUM | 4,320 | $656 | 0.14% |
| 82 | Invesco S&P 500 Equal Weight | IVZ | 3,185 | $604 | 0.13% |
| 83 | Tesla Inc. | TSLA | 1,265 | $562 | 0.12% |
| 84 | Marsh & McLennan Companies, In | 571748102 | 2,620 | $528 | 0.12% |
| 85 | Invesco QQQ Trust Series 1 | IVZ | 844 | $507 | 0.11% |
| 86 | Qualcomm, Inc. | QCOM | 3,020 | $502 | 0.11% |
| 87 | Automatic Data Processing, Inc | ADP | 1,630 | $478 | 0.11% |
| 88 | iShares Core Total US Bond Mar | 464287226 | 4,755 | $476 | 0.10% |
| 89 | Southern Co | SOMN | 4,710 | $446 | 0.10% |
| 90 | iShares S&P Growth Allocation | 464289867 | 6,926 | $445 | 0.10% |
| 91 | iShares US Preferred Stock | 464288687 | 13,946 | $440 | 0.10% |
| 92 | PPG Industries | 693506107 | 3,700 | $388 | 0.09% |
| 93 | Pfizer Inc. | PFE | 15,027 | $382 | 0.08% |
| 94 | Danaher Corp. | 235851102 | 1,918 | $380 | 0.08% |
| 95 | Kimberly-Clark Corp | KMB | 3,030 | $376 | 0.08% |
| 96 | iShares S&P Global Tech Sector | 464287291 | 3,600 | $371 | 0.08% |
| 97 | GE Vernova Inc | GEV | 600 | $368 | 0.08% |
| 98 | Costco Whsl Corp New Com | 22160K105 | 390 | $360 | 0.08% |
| 99 | Boston Properties, Inc. | BXP | 4,850 | $360 | 0.08% |
| 100 | Amgen Inc. | AMGN | 1,237 | $349 | 0.08% |
| 101 | Genuine Parts | GPC | 2,390 | $331 | 0.07% |
| 102 | iShares Russell 1000 Growth In | 464287614 | 643 | $301 | 0.07% |
| 103 | Bristol-Myers Squibb Company | CELG-RI | 6,660 | $300 | 0.07% |
| 104 | Masco Corp | MAS | 4,000 | $281 | 0.06% |
| 105 | iShares Russell 1000 Index Fun | 464287622 | 768 | $280 | 0.06% |
| 106 | Boeing Co | BA-PA | 1,300 | $280 | 0.06% |
| 107 | RTX Corporation | RTX | 1,635 | $273 | 0.06% |
| 108 | American Express Co | AXP | 800 | $265 | 0.06% |
| 109 | General Dynamics Corporation | GD | 770 | $262 | 0.06% |
| 110 | Nucor Corporation | NUE | 1,936 | $262 | 0.06% |
| 111 | UnitedHealth Group Inc | UNH | 740 | $255 | 0.06% |
| 112 | Lowe's Companies | 548661107 | 980 | $246 | 0.05% |
| 113 | Goldman Sachs Group Com | GSCE | 300 | $238 | 0.05% |
| 114 | HP Inc. | HPQ | 8,680 | $236 | 0.05% |
| 115 | Arista Networks Inc. | ANET | 1,600 | $233 | 0.05% |
| 116 | Agilent Technologies, Inc. | A | 1,737 | $222 | 0.05% |
| 117 | Wisconsin Energy Group Inc. | WEC | 1,902 | $217 | 0.05% |
| 118 | Aflac, Inc. | AFL | 1,880 | $209 | 0.05% |
| 119 | Empire St Realty | 292102100 | 10,754 | $80 | 0.02% |