13F HOLDINGS REPORT
BOSTON RESEARCH & MANAGEMENT INC
Quarter ended Q4 2025 · Filed February 11, 2026 · Accession 0001259261-26-000002
Total Value
$433,688
Positions
120
Other Managers
0
Confidential Omitted
No
Holdings (120)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | iShares Core S&P 500 ETF | 464287200 | 31,827 | $21,799 | 5.03% |
| 2 | Microsoft Corp | MSFT | 39,185 | $18,950 | 4.37% |
| 3 | Apple Inc. | AAPL | 53,583 | $14,567 | 3.36% |
| 4 | Alphabet, Inc. - Class A | GOOG | 45,649 | $14,288 | 3.29% |
| 5 | Wal-Mart Stores | WMT | 112,494 | $12,532 | 2.89% |
| 6 | AbbVie Inc. | ABBV | 48,688 | $11,124 | 2.56% |
| 7 | Mastercard, Inc. | MA | 19,112 | $10,911 | 2.52% |
| 8 | J.P. Morgan Chase & Co. | VYLD | 33,055 | $10,651 | 2.46% |
| 9 | Cisco Systems, Inc. | CSCO | 126,314 | $9,730 | 2.24% |
| 10 | iShares Core S&P SmallCap ETF | 464287804 | 76,018 | $9,135 | 2.11% |
| 11 | Berkshire Hathaway Inc. Class | BRK-A | 18,105 | $9,100 | 2.10% |
| 12 | Tractor Supply Co | TSCO | 166,680 | $8,335 | 1.92% |
| 13 | Fastenal Co | FAST | 202,870 | $8,141 | 1.88% |
| 14 | Xylem Inc. | XYL | 57,645 | $7,850 | 1.81% |
| 15 | Amazon.com Inc | AMZN | 33,539 | $7,741 | 1.78% |
| 16 | Bank of New York Mellon Corp | 064058100 | 64,824 | $7,525 | 1.74% |
| 17 | McDonald's Corp | MCD | 24,172 | $7,387 | 1.70% |
| 18 | Nvidia | NVDA | 39,188 | $7,308 | 1.69% |
| 19 | Abbott Laboratories | ABLZF | 56,721 | $7,106 | 1.64% |
| 20 | iShares Core MSCI Emerging Mkt | 46434g103 | 103,881 | $6,982 | 1.61% |
| 21 | Merck & Co. Inc. | MRK | 65,994 | $6,946 | 1.60% |
| 22 | Exxon Mobil Corp. | XOM | 57,036 | $6,863 | 1.58% |
| 23 | Procter & Gamble Co | 742718109 | 47,170 | $6,759 | 1.56% |
| 24 | Linde PLC | LIN | 15,330 | $6,536 | 1.51% |
| 25 | Snap-On Inc. | SNA | 18,124 | $6,245 | 1.44% |
| 26 | iShares Core MSCI EAFE ETF | 46432f842 | 69,781 | $6,242 | 1.44% |
| 27 | Thermo Fisher Scientific | TMO | 10,579 | $6,130 | 1.41% |
| 28 | Nextera Energy Inc. | NEE-PW | 74,611 | $5,989 | 1.38% |
| 29 | Labcorp Holdings | LH | 23,543 | $5,906 | 1.36% |
| 30 | D.R. Horton, Inc. | 23331a109 | 40,817 | $5,878 | 1.36% |
| 31 | Lockheed Martin Corp | LMT | 11,299 | $5,465 | 1.26% |
| 32 | Duke Energy Corp. | DUKB | 45,407 | $5,322 | 1.23% |
| 33 | Walt Disney Co | 254687106 | 46,552 | $5,296 | 1.22% |
| 34 | Coca-Cola Company | KO | 74,630 | $5,217 | 1.20% |
| 35 | US Bancorp | USB-PS | 95,058 | $5,072 | 1.17% |
| 36 | Sysco Corp | SYY | 67,560 | $4,978 | 1.15% |
| 37 | iShares Russell 2000 Index Fun | 464287655 | 19,992 | $4,921 | 1.13% |
| 38 | Accenture PLC | ACN | 18,308 | $4,912 | 1.13% |
| 39 | Pepsi Co Inc | PEP | 33,959 | $4,873 | 1.12% |
| 40 | SPDR S&P 500 ETF | SPY | 7,046 | $4,804 | 1.11% |
| 41 | Colgate-Palmolive Company | CL | 60,074 | $4,747 | 1.09% |
| 42 | Medtronic Plc | MDT | 49,038 | $4,710 | 1.09% |
| 43 | General Mills Inc Com | 370334104 | 100,079 | $4,653 | 1.07% |
| 44 | Eli Lilly & Co | LLY | 4,148 | $4,457 | 1.03% |
| 45 | Verizon Communications | VZ | 108,475 | $4,418 | 1.02% |
| 46 | Vanguard Total Stock Market ET | 922908769 | 12,380 | $4,150 | 0.96% |
| 47 | United Parcel Services | UPS | 39,265 | $3,894 | 0.90% |
| 48 | ConocoPhillips | COP | 41,178 | $3,854 | 0.89% |
| 49 | Cintas Corporation | CTAS | 20,270 | $3,812 | 0.88% |
| 50 | iShares Comex Gold Trust | IAU | 46,954 | $3,811 | 0.88% |
| 51 | Omnicom Group Inc Com | OMC | 47,203 | $3,811 | 0.88% |
| 52 | Adobe Inc | ADBE | 10,289 | $3,601 | 0.83% |
| 53 | iShares Core S&P Midcap ETF | 464287507 | 52,316 | $3,452 | 0.80% |
| 54 | AMEX Energy Sector SPDR | 81369y506 | 75,677 | $3,383 | 0.78% |
| 55 | Home Depot, Inc. | HD | 8,805 | $3,029 | 0.70% |
| 56 | Equinix Inc | EQIX | 3,913 | $2,997 | 0.69% |
| 57 | Comcast Corp Cl A Vtg | CCZ | 96,971 | $2,898 | 0.67% |
| 58 | iShares iBoxx High Yield Corp | 464288513 | 31,992 | $2,579 | 0.59% |
| 59 | Vanguard Small-Cap ETF | 922908751 | 8,405 | $2,168 | 0.50% |
| 60 | Alphabet, Inc. - Class C | GOOG | 6,457 | $2,026 | 0.47% |
| 61 | Caterpillar | CAT | 3,502 | $2,006 | 0.46% |
| 62 | Johnson & Johnson | JNJ | 9,613 | $1,989 | 0.46% |
| 63 | Oracle Corp. | ORCL-PD | 9,814 | $1,912 | 0.44% |
| 64 | Stryker Corp | SYK | 4,354 | $1,530 | 0.35% |
| 65 | Vanguard Developed Markets ETF | 921943858 | 20,068 | $1,253 | 0.29% |
| 66 | Independent Bank Corp Mass Com | 453836108 | 17,011 | $1,243 | 0.29% |
| 67 | Invesco S&P 500 Equal Weight | IVZ | 6,312 | $1,209 | 0.28% |
| 68 | Chevron Corp | CVX | 7,920 | $1,207 | 0.28% |
| 69 | Vanguard FTSE All-World Ex-US | 922042775 | 15,681 | $1,153 | 0.27% |
| 70 | SPDR DJIA ETF Trust | 78467X109 | 2,052 | $986 | 0.23% |
| 71 | Intl Business Machines Corp | INTR | 3,260 | $965 | 0.22% |
| 72 | iShares US Preferred Stock | 464288687 | 31,159 | $964 | 0.22% |
| 73 | Paychex, Inc. | PAYX | 7,555 | $847 | 0.20% |
| 74 | Vanguard Emerging Markets ETF | 922042858 | 13,964 | $750 | 0.17% |
| 75 | GE Aerospace | 369604301 | 2,373 | $730 | 0.17% |
| 76 | 3M Co | MMM | 4,394 | $703 | 0.16% |
| 77 | iShares US Consumer Staples ET | 464287812 | 10,500 | $702 | 0.16% |
| 78 | Waste Management, Inc. | WM | 3,090 | $678 | 0.16% |
| 79 | Emerson Electric Co | EMR | 5,100 | $676 | 0.16% |
| 80 | Yum! Brands Inc. | YUM | 4,320 | $653 | 0.15% |
| 81 | Illinois Tool Works | 452308109 | 2,580 | $635 | 0.15% |
| 82 | VaneckVectors HY Muni ETF | 92189h409 | 12,240 | $625 | 0.14% |
| 83 | Tesla Inc. | TSLA | 1,265 | $568 | 0.13% |
| 84 | Invesco QQQ Trust Series 1 | IVZ | 844 | $518 | 0.12% |
| 85 | Qualcomm, Inc. | QCOM | 3,020 | $516 | 0.12% |
| 86 | Marsh & McLennan Companies, In | 571748102 | 2,620 | $486 | 0.11% |
| 87 | iShares Core Total US Bond Mar | 464287226 | 4,721 | $471 | 0.11% |
| 88 | iShares S&P Growth Allocation | 464289867 | 6,956 | $452 | 0.10% |
| 89 | Danaher Corp. | 235851102 | 1,918 | $439 | 0.10% |
| 90 | Automatic Data Processing, Inc | ADP | 1,630 | $419 | 0.10% |
| 91 | Southern Co | SOMN | 4,710 | $410 | 0.09% |
| 92 | Amgen Inc. | AMGN | 1,237 | $404 | 0.09% |
| 93 | GE Vernova Inc | GEV | 600 | $392 | 0.09% |
| 94 | PPG Industries | 693506107 | 3,700 | $379 | 0.09% |
| 95 | iShares S&P Global Tech Sector | 464287291 | 3,600 | $378 | 0.09% |
| 96 | Bristol-Myers Squibb Company | CELG-RI | 6,660 | $359 | 0.08% |
| 97 | Boston Properties, Inc. | BXP | 4,850 | $327 | 0.08% |
| 98 | Pfizer Inc. | PFE | 12,797 | $318 | 0.07% |
| 99 | Nucor Corporation | NUE | 1,936 | $315 | 0.07% |
| 100 | iShares Russell 1000 Growth In | 464287614 | 643 | $304 | 0.07% |
| 101 | RTX Corporation | RTX | 1,635 | $299 | 0.07% |
| 102 | Kimberly-Clark Corp | KMB | 2,955 | $298 | 0.07% |
| 103 | American Express Co | AXP | 800 | $295 | 0.07% |
| 104 | Genuine Parts | GPC | 2,390 | $293 | 0.07% |
| 105 | iShares Russell 1000 Index Fun | 464287622 | 768 | $286 | 0.07% |
| 106 | Boeing Co | BA-PA | 1,300 | $282 | 0.07% |
| 107 | Goldman Sachs Group Com | GSCE | 300 | $263 | 0.06% |
| 108 | General Dynamics Corporation | GD | 770 | $259 | 0.06% |
| 109 | Masco Corp | MAS | 4,000 | $253 | 0.06% |
| 110 | Applied Materials Inc | 038222105 | 975 | $250 | 0.06% |
| 111 | Costco Whsl Corp New Com | 22160K105 | 290 | $250 | 0.06% |
| 112 | UnitedHealth Group Inc | UNH | 740 | $244 | 0.06% |
| 113 | Agilent Technologies, Inc. | A | 1,737 | $236 | 0.05% |
| 114 | Lowe's Companies | 548661107 | 980 | $236 | 0.05% |
| 115 | CH Robinson Worldwide Inc | CHRW | 1,390 | $223 | 0.05% |
| 116 | Yum China Holding Inc. | YUMC | 4,389 | $209 | 0.05% |
| 117 | Aflac, Inc. | AFL | 1,880 | $207 | 0.05% |
| 118 | CVS Health Corp | CVS | 2,539 | $201 | 0.05% |
| 119 | Wisconsin Energy Group Inc. | WEC | 1,902 | $200 | 0.05% |
| 120 | Empire St Realty | 292102100 | 10,754 | $67 | 0.02% |