13F HOLDINGS REPORT
Baldwin Investment Management, LLC
Quarter ended Q4 2023 · Filed November 14, 2023 · Accession 0001346378-23-000005
Total Value
$598.1M
Positions
192
Other Managers
0
Confidential Omitted
No
Holdings (192)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway Inc A | BRK-A | 567 | $301.3M | 50.39% |
| 2 | Microsoft Corp | MSFT | 38,244 | $12.1M | 2.02% |
| 3 | Apple Inc | AAPL | 68,930 | $11.8M | 1.97% |
| 4 | J.P. Morgan Chase & Co | VYLD | 50,175 | $7.3M | 1.22% |
| 5 | Broadcom Limited | AVGO | 8,336 | $6.9M | 1.16% |
| 6 | Berkshire Hathaway Inc B | BRK-A | 19,199 | $6.7M | 1.12% |
| 7 | Lam Research Corp | LRCX | 9,838 | $6.2M | 1.03% |
| 8 | Nvidia Corp | NVDA | 13,040 | $5.7M | 0.95% |
| 9 | Costco Wholesale Corporation | 22160K105 | 9,979 | $5.6M | 0.94% |
| 10 | Enterprise Products Partners | 293792107 | 197,291 | $5.4M | 0.90% |
| 11 | Linde PLC | LIN | 13,528 | $5.0M | 0.84% |
| 12 | Abbvie Inc | ABBV | 32,593 | $4.9M | 0.81% |
| 13 | Eli Lilly & Company | LLY | 8,741 | $4.7M | 0.79% |
| 14 | Zoetis Inc | ZTS | 25,393 | $4.4M | 0.74% |
| 15 | Amazon.com Inc | AMZN | 34,280 | $4.4M | 0.73% |
| 16 | Alphabet Inc Class A | GOOG | 33,085 | $4.3M | 0.72% |
| 17 | Visa Inc. | V | 18,747 | $4.3M | 0.72% |
| 18 | Danaher Corp | 235851102 | 15,413 | $3.8M | 0.64% |
| 19 | Thermo Fisher Scientific | TMO | 7,333 | $3.7M | 0.62% |
| 20 | Adobe Inc | ADBE | 7,160 | $3.7M | 0.61% |
| 21 | Home Depot Inc | HD | 11,691 | $3.5M | 0.59% |
| 22 | Johnson & Johnson | JNJ | 22,634 | $3.5M | 0.59% |
| 23 | Accenture Plc | ACN | 11,235 | $3.5M | 0.58% |
| 24 | Abbott Laboratories | ABLZF | 34,466 | $3.3M | 0.56% |
| 25 | Blackrock Inc | BLK | 4,997 | $3.2M | 0.54% |
| 26 | S&P Global Inc | SPGI | 8,609 | $3.1M | 0.53% |
| 27 | Union Pacific Corp | UNP | 15,439 | $3.1M | 0.53% |
| 28 | Vertex Pharmaceuticals | VRTX | 9,026 | $3.1M | 0.52% |
| 29 | S&P DEP Receipts | SPY | 7,335 | $3.1M | 0.52% |
| 30 | RTX Corp | RTX | 41,481 | $3.0M | 0.50% |
| 31 | Exxon Mobil Corporation | XOM | 24,726 | $2.9M | 0.49% |
| 32 | Caterpillar Inc | CAT | 9,983 | $2.7M | 0.46% |
| 33 | Nextera Energy | NEE-PW | 45,953 | $2.6M | 0.44% |
| 34 | Fiserv Inc | FISV | 22,825 | $2.6M | 0.43% |
| 35 | Tractor Supply Company | TSCO | 12,514 | $2.5M | 0.42% |
| 36 | Goldman Sachs Group Inc | GSCE | 7,815 | $2.5M | 0.42% |
| 37 | Pepsico Inc. | PEP | 14,854 | $2.5M | 0.42% |
| 38 | Nike Inc | NKE | 24,968 | $2.4M | 0.40% |
| 39 | Starbucks Corp | SBUX | 26,031 | $2.4M | 0.40% |
| 40 | Constellation Brands Inc | STZ | 9,395 | $2.4M | 0.39% |
| 41 | Lowes Companies Inc | 548661107 | 10,605 | $2.2M | 0.37% |
| 42 | Intuitive Surgical | ISRG | 7,497 | $2.2M | 0.37% |
| 43 | Alphabet Inc Class C | GOOG | 16,440 | $2.2M | 0.36% |
| 44 | Novo Nordisk | NONOF | 23,736 | $2.2M | 0.36% |
| 45 | GlobalFoundries Inc | GFS | 36,801 | $2.1M | 0.36% |
| 46 | Pioneer Natural Resources | 723787107 | 9,312 | $2.1M | 0.36% |
| 47 | American Tower REIT | 03027X100 | 12,745 | $2.1M | 0.35% |
| 48 | Chevron Corp. | CVX | 12,182 | $2.1M | 0.34% |
| 49 | Ulta Beauty Inc. | ULTA | 5,096 | $2.0M | 0.34% |
| 50 | Bristol-Myers Squibb | CELG-RI | 33,314 | $1.9M | 0.32% |
| 51 | Waste Management Inc | 94106L109 | 12,401 | $1.9M | 0.32% |
| 52 | McDonald's Corp | MCD | 6,986 | $1.8M | 0.31% |
| 53 | Mettler Toledo Intl Inc | MTD | 1,659 | $1.8M | 0.31% |
| 54 | Prologis Inc | PLDGP | 16,378 | $1.8M | 0.31% |
| 55 | Cisco Systems Inc | CSCO | 34,018 | $1.8M | 0.31% |
| 56 | Corteva Agriscience Inc | CTVA | 34,892 | $1.8M | 0.30% |
| 57 | Eaton Corp | ETN | 8,351 | $1.8M | 0.30% |
| 58 | Autodesk Inc | ADSK | 8,485 | $1.8M | 0.29% |
| 59 | iShares S&P Smallcap 600 | 464287804 | 18,440 | $1.7M | 0.29% |
| 60 | Intercontinental Exchange | 45866F104 | 15,706 | $1.7M | 0.29% |
| 61 | Morgan Stanley & Co | MS-PQ | 21,032 | $1.7M | 0.29% |
| 62 | Palo Alto Networks | PANW | 7,294 | $1.7M | 0.29% |
| 63 | Honeywell International | 438516106 | 8,952 | $1.7M | 0.28% |
| 64 | Cabot Corporation | CBT | 23,788 | $1.6M | 0.28% |
| 65 | Kimberly Clark Corp | KMB | 12,919 | $1.6M | 0.26% |
| 66 | Mondelez International | 609207105 | 21,119 | $1.5M | 0.25% |
| 67 | Darden Restaurants Inc | DRI | 9,928 | $1.4M | 0.24% |
| 68 | Taiwan Semiconductor Manufacturing ADR | 874039100 | 16,282 | $1.4M | 0.24% |
| 69 | Icici Bank Ltd Adr | IBN | 60,334 | $1.4M | 0.23% |
| 70 | T-Mobile US | TMUSZ | 9,620 | $1.3M | 0.23% |
| 71 | Infosys Technologies Ltd | INFY | 78,501 | $1.3M | 0.22% |
| 72 | Blackstone Inc | BX | 12,472 | $1.3M | 0.22% |
| 73 | UnitedHealth Group | UNH | 2,641 | $1.3M | 0.22% |
| 74 | Comcast Corp | CCZ | 28,795 | $1.3M | 0.21% |
| 75 | Jacobs Solutions Inc | J | 9,155 | $1.2M | 0.21% |
| 76 | Capital One Financial | 14040H105 | 12,777 | $1.2M | 0.21% |
| 77 | International Business Machines Corp | INTR | 8,505 | $1.2M | 0.20% |
| 78 | Deere & Co | DE | 3,140 | $1.2M | 0.20% |
| 79 | Vulcan Materials Company | 929160109 | 5,864 | $1.2M | 0.20% |
| 80 | Rockwell Automation | ROK | 4,065 | $1.2M | 0.19% |
| 81 | NXP Semiconductors N.V. | NXPI | 5,678 | $1.1M | 0.19% |
| 82 | FedEx Corp | FDX | 4,281 | $1.1M | 0.19% |
| 83 | Chubb Corp. | CB | 5,367 | $1.1M | 0.19% |
| 84 | Air Products and Chemicals Inc | AIIR | 3,936 | $1.1M | 0.19% |
| 85 | Fortive Corp | FTV | 15,024 | $1.1M | 0.19% |
| 86 | Vanguard Mid Cap Growth | 922908538 | 5,684 | $1.1M | 0.19% |
| 87 | Yum! Brands Inc | YUM | 8,852 | $1.1M | 0.18% |
| 88 | TJX Inc | 872540109 | 12,275 | $1.1M | 0.18% |
| 89 | Rydex S&P Equal Weight ETF | IVZ | 7,396 | $1.0M | 0.18% |
| 90 | First Solar Inc | FSLR | 6,168 | $996,687 | 0.17% |
| 91 | Marvell Technology Group | MRVL | 17,970 | $972,716 | 0.16% |
| 92 | Diamondback Energy | FANG | 6,095 | $943,994 | 0.16% |
| 93 | Lockheed Martin Corp | LMT | 2,300 | $940,608 | 0.16% |
| 94 | CME Group Inc | CME | 4,583 | $917,608 | 0.15% |
| 95 | Nucor Corp | NUE | 5,840 | $913,084 | 0.15% |
| 96 | Schwab US Dividend Equity ETF | 808524797 | 12,814 | $906,684 | 0.15% |
| 97 | Procter & Gamble Co. | 742718109 | 6,174 | $900,540 | 0.15% |
| 98 | Carrier Global Corp | CARR | 16,227 | $895,730 | 0.15% |
| 99 | Ares Capital Corp | ARCC | 45,661 | $889,012 | 0.15% |
| 100 | Oracle Corp | ORCL-PD | 8,113 | $859,329 | 0.14% |
| 101 | L3Harris Technologies | LHX | 4,930 | $858,412 | 0.14% |
| 102 | RyanAir Holdings PLC | RYAOF | 8,808 | $856,226 | 0.14% |
| 103 | Freeport McMoRan | FCX | 22,482 | $838,354 | 0.14% |
| 104 | Vanguard Mid Cap Value | 922908512 | 6,319 | $827,536 | 0.14% |
| 105 | Technology Select Sector SPDR Fund | 81369Y803 | 4,865 | $797,519 | 0.13% |
| 106 | McKesson Corp | MCK | 1,830 | $795,776 | 0.13% |
| 107 | Duke Energy Corp. | DUKB | 8,432 | $744,208 | 0.12% |
| 108 | Automatic Data Processing Inc | ADP | 3,050 | $733,769 | 0.12% |
| 109 | Baker Hughes Co | BKR | 20,543 | $725,579 | 0.12% |
| 110 | Trane Technologies Plc | TT | 3,570 | $724,389 | 0.12% |
| 111 | Vanguard Dividend Appreciation ETF | 921908844 | 4,601 | $714,925 | 0.12% |
| 112 | Coca Cola Co. | KO | 12,485 | $698,910 | 0.12% |
| 113 | Texas Instruments, Inc. | 882508104 | 4,340 | $690,103 | 0.12% |
| 114 | Paychex Inc | PAYX | 5,950 | $686,214 | 0.11% |
| 115 | PNC Financial Services Group Inc | 693475105 | 5,556 | $682,110 | 0.11% |
| 116 | GXO Logistics Inc | GXO | 11,537 | $676,645 | 0.11% |
| 117 | Merck & Co Inc | MRK | 6,570 | $676,382 | 0.11% |
| 118 | Customers Bancorp Inc | CUBB | 19,377 | $667,538 | 0.11% |
| 119 | CVS Corp | CVS | 9,478 | $661,754 | 0.11% |
| 120 | Walt Disney Co | 254687106 | 7,908 | $640,943 | 0.11% |
| 121 | Bank of America Corp | 060505104 | 22,900 | $627,002 | 0.10% |
| 122 | Mastercard Inc | MA | 1,578 | $624,746 | 0.10% |
| 123 | Otis Worldwide Corp | OTIS | 7,733 | $621,037 | 0.10% |
| 124 | Brookfield Renewable Partners LP | G16258108 | 28,352 | $616,372 | 0.10% |
| 125 | American Express Co | AXP | 4,110 | $613,171 | 0.10% |
| 126 | Ishares MSCI India Index | 46429B598 | 13,605 | $601,613 | 0.10% |
| 127 | Iqvia Holdings Inc | IQV | 2,963 | $582,970 | 0.10% |
| 128 | SHELL ADR EACH REP 2 ORD WI | RYDAF | 9,029 | $581,287 | 0.10% |
| 129 | T Rowe Price Group Inc | TROW | 5,153 | $540,395 | 0.09% |
| 130 | iShares TIPS Bond Fund | 464287176 | 5,200 | $539,344 | 0.09% |
| 131 | Insperity Inc | NSP | 5,500 | $536,800 | 0.09% |
| 132 | Pfizer Inc. | PFE | 15,748 | $522,361 | 0.09% |
| 133 | RPM International Inc | 749685103 | 5,400 | $511,974 | 0.09% |
| 134 | Shopify Inc | SHOP | 9,222 | $503,245 | 0.08% |
| 135 | Southern Company | SOMN | 7,475 | $483,782 | 0.08% |
| 136 | Cintas Corp | CTAS | 1,000 | $481,010 | 0.08% |
| 137 | Vanguard Mid-Cap ETF | 922908629 | 2,305 | $480,026 | 0.08% |
| 138 | Wal-Mart Stores Inc. | WMT | 2,950 | $471,794 | 0.08% |
| 139 | Aon PLC | AON | 1,400 | $453,908 | 0.08% |
| 140 | Vanguard Small Cap Value | 922908611 | 2,801 | $446,675 | 0.07% |
| 141 | On Semiconductor Co | ON | 4,650 | $432,218 | 0.07% |
| 142 | Bentley Systems | BSY | 8,445 | $423,601 | 0.07% |
| 143 | Check Point Software Technologies | M22465104 | 3,143 | $418,899 | 0.07% |
| 144 | Vanguard FTSE Dev Mkts ETF | 921943858 | 9,245 | $404,209 | 0.07% |
| 145 | Skechers USA Inc | 830566105 | 7,900 | $386,705 | 0.06% |
| 146 | Sysco Corp | SYY | 5,810 | $383,751 | 0.06% |
| 147 | Itau UniBanco Multiplo ADR | 465562106 | 69,712 | $374,353 | 0.06% |
| 148 | Cummins Inc | CMI | 1,615 | $368,963 | 0.06% |
| 149 | Chesapeake Energy | EXE | 4,275 | $368,633 | 0.06% |
| 150 | Trip.com Group Ltd | TRPCF | 10,254 | $358,582 | 0.06% |
| 151 | Sportradar Group | SRAD | 35,575 | $356,106 | 0.06% |
| 152 | RGC Resources Inc | RGCO | 20,000 | $346,000 | 0.06% |
| 153 | iShares MSCI Japan Index Fund | 46434G822 | 5,705 | $343,954 | 0.06% |
| 154 | AstraZeneca PLC | AZN | 4,956 | $335,620 | 0.06% |
| 155 | Illinois Tool Works Inc | 452308109 | 1,449 | $333,719 | 0.06% |
| 156 | iShares NASDAQ Biotechnology Index Fund | 464287556 | 2,705 | $330,794 | 0.06% |
| 157 | Meta Platforms Inc | META | 1,095 | $328,730 | 0.05% |
| 158 | Mc Cormick & Co Inc N-Vt | MKC-V | 4,205 | $318,066 | 0.05% |
| 159 | Canadian Pacific Kansas City Ltd | CP | 4,203 | $312,745 | 0.05% |
| 160 | Vanguard Total Stock Market ETF | 922908769 | 1,461 | $310,292 | 0.05% |
| 161 | Leidos Holdings Inc | LDOS | 3,350 | $308,736 | 0.05% |
| 162 | RXO ORD WI | RXO | 15,605 | $307,887 | 0.05% |
| 163 | ASML Holdings NV | ASMLF | 520 | $306,103 | 0.05% |
| 164 | Colgate Palmolive Co | CL | 4,256 | $302,644 | 0.05% |
| 165 | PPG Industries Inc | 693506107 | 2,200 | $285,560 | 0.05% |
| 166 | Eagle Materials Inc | 26969P108 | 1,705 | $283,917 | 0.05% |
| 167 | Philip Morris International | 718172109 | 3,050 | $282,369 | 0.05% |
| 168 | Hershey Foods Corp | HSY | 1,401 | $280,312 | 0.05% |
| 169 | Sarepta Therapeutics Inc | SRPT | 2,300 | $278,806 | 0.05% |
| 170 | Kraft Heinz Co | KHC | 8,215 | $276,353 | 0.05% |
| 171 | Financial Select Sector SPDR Fund | 81369Y605 | 8,270 | $274,316 | 0.05% |
| 172 | Schwab International Equity Fund | 808524805 | 7,991 | $271,374 | 0.05% |
| 173 | Vanguard Total Interntl Stk | 921909768 | 5,016 | $268,437 | 0.04% |
| 174 | SPDR Gold Trust | GLD | 1,500 | $257,175 | 0.04% |
| 175 | iShares Trust Dow Jones US Tech Fund | 464287721 | 2,430 | $254,956 | 0.04% |
| 176 | Parker Hannifin Corp | PH | 653 | $254,357 | 0.04% |
| 177 | Vanguard FTSE Emerging Mkt ETF | 922042858 | 6,235 | $244,467 | 0.04% |
| 178 | Boston Scientific Corp | BSX | 4,525 | $238,920 | 0.04% |
| 179 | HSBC PLC Spon ADR | HBCYF | 6,014 | $237,312 | 0.04% |
| 180 | Yum China Holdings Inc | YUMC | 4,235 | $235,974 | 0.04% |
| 181 | EOG Resources Inc | EOG | 1,815 | $230,069 | 0.04% |
| 182 | Diageo PLC ADR's | DGEAF | 1,485 | $221,532 | 0.04% |
| 183 | WEC Energy Corp | WEC | 2,704 | $217,807 | 0.04% |
| 184 | Edwards Lifesciences Corp | EW | 3,105 | $215,114 | 0.04% |
| 185 | Immunome, Inc. | IMNM | 25,394 | $212,040 | 0.04% |
| 186 | S E I Investments Co | 784117103 | 3,500 | $210,805 | 0.04% |
| 187 | Campbell Soup Co | CPB | 5,103 | $209,631 | 0.04% |
| 188 | Ralph Lauren Corp | RL | 1,800 | $208,962 | 0.03% |
| 189 | Industrial Select Sector SPDR Fund | 81369Y704 | 2,020 | $204,788 | 0.03% |
| 190 | Dover Corp | DOV | 1,450 | $202,290 | 0.03% |
| 191 | C S X Corp | CSX | 6,507 | $200,090 | 0.03% |
| 192 | Ocugen Inc | OCGN | 22,500 | $9,000 | 0.00% |