13F HOLDINGS REPORT

New England Research & Management, Inc.

Quarter ended Q3 2025 · Filed October 6, 2025 · Accession 0001596077-25-000007

Total Value

$217.7M

Positions

146

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (146)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Alphabet Inc Class A	GOOG	39,868	$9.7M	4.45%
2	Apple Computer	AAPL	37,501	$9.5M	4.39%
3	United Rentals, Inc.	URI	7,776	$7.4M	3.41%
4	Microsoft	MSFT	12,630	$6.5M	3.00%
5	Amazon, Inc.	AMZN	25,709	$5.6M	2.59%
6	Johnson & Johnson	JNJ	29,388	$5.4M	2.50%
7	Quanta Services	PWR	12,911	$5.4M	2.46%
8	Church and Dwight	CHD	53,400	$4.7M	2.15%
9	AbbVie Inc.	ABBV	19,801	$4.6M	2.11%
10	CSX Corp	CSX	119,510	$4.2M	1.95%
11	Berkshire Hathaway B	BRK-A	7,870	$4.0M	1.82%
12	Meta Platforms Inc.	META	5,135	$3.8M	1.73%
13	Eaton	ETN	9,444	$3.5M	1.62%
14	Zoetis Inc	ZTS	23,610	$3.5M	1.59%
15	Hyatt Hotels Corp	H	23,351	$3.3M	1.52%
16	Broadcom	AVGO	9,635	$3.2M	1.46%
17	Sysco Corp	SYY	36,549	$3.0M	1.38%
18	Int'l Bus. Mach.	INTR	10,660	$3.0M	1.38%
19	Carrier Global	CARR	49,550	$3.0M	1.36%
20	Lennar	LEN-B	21,720	$2.7M	1.26%
21	Dell Inc.	DELL	18,086	$2.6M	1.18%
22	Uber Technologies	UBER	26,009	$2.5M	1.17%
23	Alphabet Inc Class C	GOOG	10,371	$2.5M	1.16%
24	Morgan Stanley	MS-PQ	15,275	$2.4M	1.12%
25	GE Vernova Inc.	GEV	3,910	$2.4M	1.10%
26	Exxon Mobil	XOM	19,852	$2.2M	1.03%
27	Palo Alto Networks	PANW	10,870	$2.2M	1.02%
28	Vertiv Holdings Co	VRT	14,110	$2.1M	0.98%
29	NextEra Energy Inc.	NEE-PW	27,556	$2.1M	0.96%
30	Truist Financial Corp	TFC-PR	44,225	$2.0M	0.93%
31	Netflix	NFLX	1,661	$2.0M	0.91%
32	American Water Works	030420103	13,725	$1.9M	0.88%
33	Apollo Global Management	APOS	14,300	$1.9M	0.88%
34	Eli Lilly	LLY	2,441	$1.9M	0.86%
35	United Therapeutics Corporatio	UTHR	4,440	$1.9M	0.85%
36	Visa	V	5,404	$1.8M	0.85%
37	Merck	MRK	21,596	$1.8M	0.83%
38	Lululemon Athletica	LULU	9,950	$1.8M	0.81%
39	Chubb	CB	6,075	$1.7M	0.79%
40	Lennox International Inc.	526107107	3,042	$1.6M	0.74%
41	Invitation Homes Inc.	INVH	54,614	$1.6M	0.74%
42	Home Depot	HD	3,916	$1.6M	0.73%
43	McDonald's	MCD	5,159	$1.6M	0.72%
44	Coca-Cola	KO	22,858	$1.5M	0.70%
45	Airbnb, Inc.	ABNB	12,400	$1.5M	0.69%
46	Union Pacific	UNP	6,363	$1.5M	0.69%
47	Capital One Finl.	14040H105	6,925	$1.5M	0.68%
48	Arrow Electronics	042735100	12,050	$1.5M	0.67%
49	DR Horton	23331A109	8,575	$1.5M	0.67%
50	Mondelez International	609207105	22,948	$1.4M	0.66%
51	Amgen	AMGN	4,970	$1.4M	0.64%
52	Canadian Pacific Kansas City L	CP	18,755	$1.4M	0.64%
53	Abbott Labs	ABLZF	10,334	$1.4M	0.64%
54	Nvidia	NVDA	7,228	$1.3M	0.62%
55	Otis Worldwide	OTIS	14,575	$1.3M	0.61%
56	Waste Management Inc.	WM	5,985	$1.3M	0.61%
57	Ingersoll-Rand	IR	15,684	$1.3M	0.60%
58	Procter & Gamble	742718109	8,345	$1.3M	0.59%
59	GE Aerospace	369604301	4,222	$1.3M	0.58%
60	Kimberly Clark	KMB	9,949	$1.2M	0.57%
61	Nike Inc Class B	NKE	17,450	$1.2M	0.56%
62	Wells Fargo	949746101	14,455	$1.2M	0.56%
63	Bristol Myers Squibb	CELG-RI	26,661	$1.2M	0.55%
64	Goldman Sachs	GSCE	1,501	$1.2M	0.55%
65	Pfizer	PFE	46,225	$1.2M	0.54%
66	Citizens Financial Group	CIA	22,137	$1.2M	0.54%
67	Thermo Fisher Scientific Inc.	TMO	2,403	$1.2M	0.54%
68	Agilent	A	8,764	$1.1M	0.52%
69	RBC Bearings	RBC	2,800	$1.1M	0.50%
70	Toll Brothers	TOL	7,850	$1.1M	0.50%
71	TransDigm Group Incorporated	TDG	805	$1.1M	0.49%
72	Washington Trust	940610108	36,179	$1.0M	0.48%
73	Starbucks	SBUX	11,884	$1.0M	0.46%
74	Natera, Inc.	NTRA	6,225	$1.0M	0.46%
75	Timken	TKR	13,250	$996,135	0.46%
76	Linde PLC	LIN	2,060	$978,500	0.45%
77	Mastercard Inc	MA	1,705	$969,821	0.45%
78	Independent Bank	453836108	13,565	$938,291	0.43%
79	Royal Bank of Canada	780087102	6,300	$928,116	0.43%
80	UPS	UPS	10,810	$902,959	0.41%
81	Pentair	PNR	8,050	$891,618	0.41%
82	Boston Scientific	BSX	9,128	$891,167	0.41%
83	Norwegian Cruise Line Holdings	NCLH	35,850	$882,986	0.41%
84	Prosperity Bancshares, Inc.	PB	12,400	$822,740	0.38%
85	AAR Corp.	AIR	9,175	$822,722	0.38%
86	Diamondback Energy Inc	FANG	5,025	$719,078	0.33%
87	Centrus Energy Corp	LEU	2,225	$689,906	0.32%
88	Fortinet	FTNT	8,205	$689,876	0.32%
89	Veeva Systems Inc	VEEV	2,250	$670,298	0.31%
90	Colgate-Palmolive	CL	8,288	$662,543	0.30%
91	Pepsico	PEP	4,696	$659,506	0.30%
92	Clearway Energy	CWEN-A	23,000	$649,750	0.30%
93	Freeport McMoran	FCX	15,800	$619,676	0.28%
94	Carnival Corp.-Cl A	CUKPF	21,400	$618,674	0.28%
95	Emerson Electric	EMR	4,708	$617,595	0.28%
96	CRH Plc.	CRH	5,125	$614,488	0.28%
97	Installed Building Products In	IBP	2,475	$610,484	0.28%
98	American Tower Corp	AMT	3,150	$605,808	0.28%
99	Vertex Pharmaceuticals	VRTX	1,535	$601,167	0.28%
100	Cisco Systems	CSCO	8,740	$597,991	0.27%
101	Simon Property Group	828806109	3,100	$581,777	0.27%
102	Medtronic PLC	MDT	6,088	$579,821	0.27%
103	Patrick Industries	703343103	5,586	$577,760	0.27%
104	Walmart Inc.	WMT	5,599	$577,033	0.27%
105	L3Harris Technologies	LHX	1,800	$549,738	0.25%
106	Trimble Inc	TRMB	6,544	$534,318	0.25%
107	3M Corp.	MMM	3,350	$519,853	0.24%
108	Astrazeneca	AZN	6,697	$513,794	0.24%
109	Air Prod.& Chem.	AIIR	1,775	$484,078	0.22%
110	UnitedHealth Group	UNH	1,325	$457,523	0.21%
111	Allstate	ALL-PJ	2,000	$429,300	0.20%
112	Xylem Inc	XYL	2,744	$404,740	0.19%
113	Danaher	235851102	2,020	$400,485	0.18%
114	Take Two Interactive Software	TTWO	1,550	$400,458	0.18%
115	Heico Corp	HEI-A	1,225	$395,455	0.18%
116	Intuit Inc.	INTU	575	$392,673	0.18%
117	Moelis & Co	MC	5,425	$386,911	0.18%
118	Coinbase Global, Inc.	COIN	1,125	$379,676	0.17%
119	APA Corporation	APA	15,626	$379,399	0.17%
120	Interactive Brokers Group	IBKR	5,500	$378,455	0.17%
121	AllianceBernstein Holdings	01881G106	9,900	$378,378	0.17%
122	General Mills	370334104	7,400	$373,108	0.17%
123	Celsius Holdings	CELH	6,450	$370,811	0.17%
124	Restaurant Brands Int'l	QSR	5,549	$355,913	0.16%
125	Advanced Micro Devices	AMD	2,175	$351,893	0.16%
126	J.P. Morgan Chase	VYLD	1,089	$343,503	0.16%
127	EOG Resources	EOG	3,025	$339,163	0.16%
128	CME Group	CME	1,250	$337,738	0.16%
129	Darden Restaurants	DRI	1,591	$302,863	0.14%
130	Honeywell Int'l.	438516106	1,368	$287,964	0.13%
131	Kellanova	BEKE	3,310	$271,486	0.12%
132	Dynatrace, Inc.	DT	5,525	$267,686	0.12%
133	Hershey Foods	HSY	1,425	$266,546	0.12%
134	First American Financial	FAF	4,050	$260,172	0.12%
135	Costco Wholesale	22160K105	265	$245,292	0.11%
136	Canadian Natl Rail	136375102	2,600	$245,180	0.11%
137	Trane Technologies	TT	575	$242,627	0.11%
138	Estee Lauder	518439104	2,630	$231,756	0.11%
139	Cullen/Frost Bankers	CFR-PB	1,800	$228,186	0.10%
140	Blackstone Inc	BX	1,335	$228,085	0.10%
141	Valmont Industries	920253101	575	$222,945	0.10%
142	Datadog, Inc.	DDOG	1,550	$220,720	0.10%
143	Travelers, Inc.	TRV	787	$219,746	0.10%
144	Alliant Energy	LNT	3,050	$205,601	0.09%
145	MetLife	MET-PF	2,475	$203,866	0.09%
146	Compass, Inc	COMP	10,030	$80,541	0.04%