13F HOLDINGS REPORT
Baldwin Investment Management, LLC
Quarter ended Q1 2023 · Filed February 10, 2023 · Accession 0001346378-23-000002
Total Value
$553.1M
Positions
195
Other Managers
0
Confidential Omitted
No
Holdings (195)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway Cl A | BRK-A | 570 | $267.2M | 48.30% |
| 2 | Apple Inc | AAPL | 77,139 | $10.0M | 1.81% |
| 3 | Microsoft Corp | MSFT | 38,456 | $9.2M | 1.67% |
| 4 | J.P. Morgan Chase & Co | VYLD | 49,817 | $6.7M | 1.21% |
| 5 | Abbvie Inc | ABBV | 37,990 | $6.1M | 1.11% |
| 6 | Berkshire Hathaway Inc B | BRK-A | 18,479 | $5.7M | 1.03% |
| 7 | Broadcom Limited | AVGO | 9,854 | $5.5M | 1.00% |
| 8 | Johnson & Johnson | JNJ | 29,131 | $5.1M | 0.93% |
| 9 | Linde PLC | LIN | 15,762 | $5.1M | 0.93% |
| 10 | Raytheon Technologies | RTX | 48,901 | $4.9M | 0.89% |
| 11 | Enterprise Products Partners | 293792107 | 202,316 | $4.9M | 0.88% |
| 12 | Costco Wholesale Corporation | 22160K105 | 10,529 | $4.8M | 0.87% |
| 13 | Visa Inc. | V | 22,052 | $4.6M | 0.83% |
| 14 | Bristol-Myers Squibb | CELG-RI | 63,388 | $4.6M | 0.82% |
| 15 | Lam Research Corp | LRCX | 10,436 | $4.4M | 0.79% |
| 16 | Abbott Laboratories | ABLZF | 38,830 | $4.3M | 0.77% |
| 17 | Thermo Fisher Scientific | TMO | 7,635 | $4.2M | 0.76% |
| 18 | Blackrock Inc | BLK | 5,214 | $3.7M | 0.67% |
| 19 | Home Depot Inc | HD | 11,610 | $3.7M | 0.66% |
| 20 | Accenture Plc | ACN | 13,577 | $3.6M | 0.65% |
| 21 | Zoetis Inc | ZTS | 24,684 | $3.6M | 0.65% |
| 22 | Danaher Corp | 235851102 | 13,400 | $3.6M | 0.64% |
| 23 | Union Pacific Corp | UNP | 16,276 | $3.4M | 0.61% |
| 24 | Nike Inc | NKE | 28,290 | $3.3M | 0.60% |
| 25 | Exxon Mobil Corporation | XOM | 28,695 | $3.2M | 0.57% |
| 26 | Goldman Sachs Group Inc | GSCE | 8,910 | $3.1M | 0.55% |
| 27 | Amazon.com Inc | AMZN | 35,647 | $3.0M | 0.54% |
| 28 | Nextera Energy | NEE-PW | 35,287 | $2.9M | 0.53% |
| 29 | Alphabet Inc Class A | GOOG | 33,010 | $2.9M | 0.53% |
| 30 | S&P DEP Receipts | SPY | 7,485 | $2.9M | 0.52% |
| 31 | Eli Lilly & Company | LLY | 7,822 | $2.9M | 0.52% |
| 32 | Nvidia Corp | NVDA | 18,743 | $2.7M | 0.50% |
| 33 | Starbucks Corp | SBUX | 27,305 | $2.7M | 0.49% |
| 34 | Fiserv Inc | FISV | 26,785 | $2.7M | 0.49% |
| 35 | Pepsico Inc. | PEP | 14,377 | $2.6M | 0.47% |
| 36 | Lowes Companies Inc | 548661107 | 12,617 | $2.5M | 0.45% |
| 37 | Adobe Inc | ADBE | 7,438 | $2.5M | 0.45% |
| 38 | Chevron Corp. | CVX | 13,690 | $2.5M | 0.44% |
| 39 | Mettler Toledo Intl Inc | MTD | 1,683 | $2.4M | 0.44% |
| 40 | American Tower REIT | 03027X100 | 11,482 | $2.4M | 0.44% |
| 41 | Vertex Pharmaceuticals | VRTX | 8,311 | $2.4M | 0.43% |
| 42 | McDonald's Corp | MCD | 8,845 | $2.3M | 0.42% |
| 43 | Constellation Brands Inc | STZ | 9,785 | $2.3M | 0.41% |
| 44 | Waste Management Inc | 94106L109 | 14,302 | $2.2M | 0.41% |
| 45 | Caterpillar Inc | CAT | 9,328 | $2.2M | 0.40% |
| 46 | Ulta Beauty Inc. | ULTA | 4,710 | $2.2M | 0.40% |
| 47 | Intuitive Surgical | ISRG | 8,155 | $2.2M | 0.39% |
| 48 | Corteva Agriscience Inc | CTVA | 36,430 | $2.1M | 0.39% |
| 49 | Enviva Inc. | 29415B103 | 40,275 | $2.1M | 0.39% |
| 50 | Bank of America Corp | 060505104 | 57,790 | $1.9M | 0.35% |
| 51 | Kimberly Clark Corp | KMB | 13,866 | $1.9M | 0.34% |
| 52 | Prologis Inc | PLDGP | 16,585 | $1.9M | 0.34% |
| 53 | PNC Financial Services Group Inc | 693475105 | 11,718 | $1.9M | 0.33% |
| 54 | iShares S&P Smallcap 600 | 464287804 | 18,790 | $1.8M | 0.32% |
| 55 | Alphabet Inc Class C | GOOG | 19,835 | $1.8M | 0.32% |
| 56 | Honeywell International | 438516106 | 8,166 | $1.7M | 0.32% |
| 57 | Morgan Stanley & Co | MS-PQ | 19,735 | $1.7M | 0.30% |
| 58 | Cabot Corporation | CBT | 24,737 | $1.7M | 0.30% |
| 59 | Novo Nordisk | NONOF | 12,179 | $1.6M | 0.30% |
| 60 | Pioneer Natural Resources | 723787107 | 7,085 | $1.6M | 0.29% |
| 61 | GlobalFoundries Inc | GFS | 29,635 | $1.6M | 0.29% |
| 62 | Intercontinental Exchange | 45866F104 | 15,465 | $1.6M | 0.29% |
| 63 | Tractor Supply Company | TSCO | 6,780 | $1.5M | 0.28% |
| 64 | Autodesk Inc | ADSK | 8,125 | $1.5M | 0.27% |
| 65 | Capital One Financial | 14040H105 | 16,272 | $1.5M | 0.27% |
| 66 | Mondelez International | 609207105 | 21,315 | $1.4M | 0.26% |
| 67 | Infosys Technologies Ltd | INFY | 78,501 | $1.4M | 0.26% |
| 68 | L3Harris Technologies | LHX | 6,652 | $1.4M | 0.25% |
| 69 | CVS Corp | CVS | 14,736 | $1.4M | 0.25% |
| 70 | Icici Bank Ltd Adr | IBN | 61,709 | $1.4M | 0.24% |
| 71 | UnitedHealth Group | UNH | 2,527 | $1.3M | 0.24% |
| 72 | Darden Restaurants Inc | DRI | 9,415 | $1.3M | 0.24% |
| 73 | Air Products and Chemicals Inc | AIIR | 4,121 | $1.3M | 0.23% |
| 74 | International Business Machines Corp | INTR | 8,842 | $1.2M | 0.23% |
| 75 | S&P Global Inc | SPGI | 3,608 | $1.2M | 0.22% |
| 76 | Vulcan Materials - VMC | 929160109 | 6,826 | $1.2M | 0.22% |
| 77 | Deere & Co | DE | 2,687 | $1.2M | 0.21% |
| 78 | Rydex S&P Equal Weight ETF | IVZ | 8,104 | $1.1M | 0.21% |
| 79 | Yum! Brands Inc | YUM | 8,807 | $1.1M | 0.20% |
| 80 | Taiwan Semiconductor Manufacturing ADR | 874039100 | 14,347 | $1.1M | 0.19% |
| 81 | Eaton Corp | ETN | 6,745 | $1.1M | 0.19% |
| 82 | Duke Energy Corp. | DUKB | 9,954 | $1.0M | 0.19% |
| 83 | Vanguard Mid-Cap Growth - VOT | 922908538 | 5,649 | $1.0M | 0.18% |
| 84 | Verizon Communications | VZ | 25,706 | $1.0M | 0.18% |
| 85 | Comcast Corp | CCZ | 28,650 | $1.0M | 0.18% |
| 86 | Chubb Corp. | CB | 4,485 | $989,391 | 0.18% |
| 87 | Customers Bancorp Inc | CUBB | 34,377 | $974,244 | 0.18% |
| 88 | Procter & Gamble Co. | 742718109 | 6,424 | $973,621 | 0.18% |
| 89 | Cisco Systems Inc | CSCO | 20,137 | $959,327 | 0.17% |
| 90 | Insperity Inc. - NSP | NSP | 8,200 | $931,520 | 0.17% |
| 91 | Blackstone Inc | BX | 12,550 | $931,085 | 0.17% |
| 92 | Pfizer Inc. | PFE | 17,929 | $918,682 | 0.17% |
| 93 | Schwab US Dividend Equity ETF | 808524797 | 11,992 | $905,880 | 0.16% |
| 94 | Leidos Holdings Inc | LDOS | 8,425 | $886,226 | 0.16% |
| 95 | Vanguard Mid Cap Value | 922908512 | 6,315 | $854,041 | 0.15% |
| 96 | McKesson Corp | MCK | 2,265 | $849,647 | 0.15% |
| 97 | Marvell Technology Group | MRVL | 22,585 | $836,548 | 0.15% |
| 98 | Coca Cola Co. | KO | 13,100 | $833,291 | 0.15% |
| 99 | Oracle Corp | ORCL-PD | 9,700 | $792,878 | 0.14% |
| 100 | First Solar Inc | FSLR | 5,248 | $786,098 | 0.14% |
| 101 | Charles Schwab Corp | SCHW-PJ | 9,295 | $773,902 | 0.14% |
| 102 | FedEx Corp | FDX | 4,436 | $768,264 | 0.14% |
| 103 | TJX Inc | 872540109 | 9,550 | $760,180 | 0.14% |
| 104 | Ares Capital Corp | ARCC | 41,030 | $757,827 | 0.14% |
| 105 | Freeport McMoRan | FCX | 19,799 | $752,362 | 0.14% |
| 106 | Lockheed Martin Corp | LMT | 1,515 | $737,032 | 0.13% |
| 107 | Automatic Data Processing Inc | ADP | 3,075 | $734,495 | 0.13% |
| 108 | Crown Castle International | CCI | 5,368 | $728,116 | 0.13% |
| 109 | Target Corporation | TGT | 4,825 | $719,118 | 0.13% |
| 110 | Brookfield Renewable Partners LP | G16258108 | 28,352 | $718,440 | 0.13% |
| 111 | Fortive Corp | FTV | 10,945 | $703,216 | 0.13% |
| 112 | Paychex Inc | PAYX | 6,085 | $703,183 | 0.13% |
| 113 | Vanguard Dividend | 921908844 | 4,611 | $700,166 | 0.13% |
| 114 | RyanAir Holdings PLC | RYAOF | 9,208 | $688,390 | 0.12% |
| 115 | Trane Technologies Plc | TT | 4,095 | $688,329 | 0.12% |
| 116 | NXP Semiconductors N.V. | NXPI | 4,283 | $676,842 | 0.12% |
| 117 | Merck & Co Inc | MRK | 6,012 | $667,031 | 0.12% |
| 118 | Texas Instruments, Inc. | 882508104 | 4,035 | $666,663 | 0.12% |
| 119 | Walt Disney Co | 254687106 | 7,671 | $666,456 | 0.12% |
| 120 | Rockwell Automation | ROK | 2,585 | $665,818 | 0.12% |
| 121 | Jacobs Solutions Inc | J | 5,278 | $633,729 | 0.11% |
| 122 | Iqvia Holdings Inc | IQV | 3,075 | $630,037 | 0.11% |
| 123 | Carrier Global Corp | CARR | 14,927 | $615,739 | 0.11% |
| 124 | Technology Select Sector SPDR Fund | 81369Y803 | 4,865 | $605,401 | 0.11% |
| 125 | American Express Co | AXP | 4,030 | $595,433 | 0.11% |
| 126 | Sysco Corp | SYY | 7,675 | $586,754 | 0.11% |
| 127 | Otis Worldwide Corp | OTIS | 7,358 | $576,205 | 0.10% |
| 128 | Price, T. Rowe Group - TROW | TROW | 5,150 | $561,659 | 0.10% |
| 129 | Mastercard Inc | MA | 1,600 | $556,368 | 0.10% |
| 130 | iShares TIPS Bond Fund | 464287176 | 5,200 | $553,488 | 0.10% |
| 131 | RPM International Inc | 749685103 | 5,626 | $548,254 | 0.10% |
| 132 | Progressive Corp | 743315103 | 4,025 | $522,083 | 0.09% |
| 133 | Baker Hughes Co | BKR | 17,550 | $518,252 | 0.09% |
| 134 | Tata Motors LTD | 876568502 | 21,843 | $504,792 | 0.09% |
| 135 | SHELL ADR EACH REP 2 ORD WI | RYDAF | 8,779 | $499,964 | 0.09% |
| 136 | Vanguard Mid-Cap ETF | 922908629 | 2,356 | $480,141 | 0.09% |
| 137 | Vanguard Small Cap Value | 922908611 | 3,009 | $477,786 | 0.09% |
| 138 | GXO Logistics Inc | GXO | 11,055 | $471,938 | 0.09% |
| 139 | Vanguard Large Cap Etf | 922908637 | 2,650 | $461,630 | 0.08% |
| 140 | Cintas Corp | CTAS | 1,015 | $458,394 | 0.08% |
| 141 | Yum China Holdings Inc | YUMC | 8,235 | $450,043 | 0.08% |
| 142 | Southern Company | SOMN | 6,275 | $448,098 | 0.08% |
| 143 | RGC Resources Inc | RGCO | 20,000 | $441,000 | 0.08% |
| 144 | Nucor Corp | NUE | 3,345 | $440,904 | 0.08% |
| 145 | Diamondback Energy | FANG | 3,182 | $435,234 | 0.08% |
| 146 | Shopify Inc | SHOP | 12,472 | $432,903 | 0.08% |
| 147 | Mc Cormick & Co Inc N-Vt | MKC-V | 5,200 | $431,028 | 0.08% |
| 148 | Check Point Software Technologies | M22465104 | 3,343 | $421,753 | 0.08% |
| 149 | Aon PLC | AON | 1,400 | $420,196 | 0.08% |
| 150 | Cummins Inc | CMI | 1,640 | $397,356 | 0.07% |
| 151 | Colgate Palmolive Co | CL | 4,932 | $388,592 | 0.07% |
| 152 | Philip Morris International | 718172109 | 3,575 | $361,826 | 0.07% |
| 153 | Wal-Mart Stores Inc. | WMT | 2,550 | $361,565 | 0.07% |
| 154 | iShares NASDAQ Biotechnology Index Fund | 464287556 | 2,740 | $359,735 | 0.07% |
| 155 | Illinois Tool Works Inc | 452308109 | 1,602 | $352,921 | 0.06% |
| 156 | Trip.com Group Ltd | TRPCF | 10,254 | $352,738 | 0.06% |
| 157 | Vanguard FTSE Dev Mkts ETF | 921943858 | 8,242 | $345,914 | 0.06% |
| 158 | AstraZeneca PLC | AZN | 5,056 | $342,797 | 0.06% |
| 159 | Factset Research Systems | 303075105 | 841 | $337,418 | 0.06% |
| 160 | Powershares QQQ Trust | IVZ | 1,265 | $336,918 | 0.06% |
| 161 | Amgen Inc | AMGN | 1,280 | $336,179 | 0.06% |
| 162 | Elevance Health Inc | ELV | 650 | $333,431 | 0.06% |
| 163 | Qualcomm Inc | QCOM | 3,005 | $330,370 | 0.06% |
| 164 | Itau UniBanco Multiplo ADR | 465562106 | 69,712 | $328,344 | 0.06% |
| 165 | PPG Industries Inc | 693506107 | 2,582 | $324,661 | 0.06% |
| 166 | Hershey Co. - HSY | HSY | 1,401 | $324,430 | 0.06% |
| 167 | Canadian Pac Ltd | 13645T100 | 4,196 | $312,980 | 0.06% |
| 168 | Donegal Group Inc | DGICB | 21,600 | $306,720 | 0.06% |
| 169 | Spdr S&P Dividend Etf | 78464A763 | 2,450 | $306,520 | 0.06% |
| 170 | Skechers USA Inc | 830566105 | 7,300 | $306,235 | 0.06% |
| 171 | Edwards Lifesciences Corp | EW | 4,090 | $305,155 | 0.06% |
| 172 | Financial Select Sector SPDR Fund | 81369Y605 | 8,840 | $302,328 | 0.05% |
| 173 | Sarepta Therapeutics Inc. - SRPT | SRPT | 2,300 | $298,034 | 0.05% |
| 174 | Ishares S&P 500 Value | 464287408 | 2,000 | $290,140 | 0.05% |
| 175 | SEI Investments Co. - SEIC | 784117103 | 4,900 | $285,670 | 0.05% |
| 176 | Diageo PLC ADR's | DGEAF | 1,585 | $282,431 | 0.05% |
| 177 | RXO ORD WI | RXO | 16,405 | $282,166 | 0.05% |
| 178 | General Motors | 37045V100 | 8,350 | $280,894 | 0.05% |
| 179 | CME Group Inc | CME | 1,585 | $266,534 | 0.05% |
| 180 | Allstate Corp | ALL-PJ | 1,950 | $264,420 | 0.05% |
| 181 | On Semiconductor Co | ON | 4,200 | $261,954 | 0.05% |
| 182 | WEC Energy Corp | WEC | 2,700 | $253,152 | 0.05% |
| 183 | Schwab US Small Cap ETF | 808524607 | 5,907 | $239,280 | 0.04% |
| 184 | EOG Resources Inc | EOG | 1,800 | $233,136 | 0.04% |
| 185 | Vanguard FTSE Emerging Mkt ETF | 922042858 | 5,940 | $231,527 | 0.04% |
| 186 | Globus Medical Inc | GMED | 3,090 | $229,494 | 0.04% |
| 187 | Sherwin Williams Co | SHW | 900 | $213,597 | 0.04% |
| 188 | Ralph Lauren Corp. Cl A - RL | RL | 2,000 | $211,340 | 0.04% |
| 189 | Sportradar Group | SRAD | 21,200 | $211,152 | 0.04% |
| 190 | Foot Locker Inc. - FL | 344849104 | 5,500 | $207,845 | 0.04% |
| 191 | CH Robinson Worldwide Inc | CHRW | 2,250 | $206,010 | 0.04% |
| 192 | Parker Hannifin Corp | PH | 700 | $203,700 | 0.04% |
| 193 | Xcel Energy Inc | XELLL | 2,885 | $202,267 | 0.04% |
| 194 | C S X Corp | CSX | 6,500 | $201,370 | 0.04% |
| 195 | Immunome, Inc. | IMNM | 25,394 | $56,121 | 0.01% |