Baldwin Investment Management, LLC

Holdings as of 2026-06-30, filed 2026-07-28

This is history, not a current position. These holdings describe 2026-06-30, and the report became public 28 days later. The portfolio has changed since.

Aggregates

computed from the positions below
Positions reported
231
Value reported by manager
$1B
Sum of our stored positions
$1B
should match the line above
Disclosure lag
28 d
quarter end to filing
Top 5 concentration
52.3%
of the positions shown
New positions
0
vs previous quarter
Exited
0
vs previous quarter
Option positions
0
puts and calls

Positions

200 largest shown
IssuerClassValueSharesTypeCUSIP
Berkshire Hathaway Inc ACL A$415.6M555084670108
Lam Research CorpCommon Stock$36.9M85,114512807306
Apple IncCommon Stock$28.9M99,797037833100
Broadcom LimitedCommon Stock$28.4M75,15511135F101
Nvidia CorpCommon Stock$27M134,95067066G104
J.P. Morgan Chase & CoCommon Stock$20M61,19146625H100
Microsoft CorpCommon Stock$16.6M44,413594918104
Alphabet Inc Class ACommon Stock$16.4M45,91802079K305
Eli Lilly & CompanyCommon Stock$15.5M12,959532457108
Costco Wholesale CorpCommon Stock$13.9M14,86522160K105
RTX CorpCommon Stock$11.8M62,01975513E101
Amazon.com IncCommon Stock$11.2M46,834023135106
Berkshire Hathaway Inc BCL B$9.9M19,793084670702
Palo Alto NetworksCommon Stock$9.7M28,553697435105
Exxon Mobil CorporationCommon Stock$9.3M67,67730233Q108
Caterpillar IncCommon Stock$8.9M8,327149123101
Vertex PharmaceuticalsCommon Stock$8.4M16,87092532F100
Visa Inc.Common Stock$8.2M23,96892826C839
Vertiv Holdings CoCommon Stock$8M23,82392537N108
Abbvie IncCommon Stock$7.9M31,29700287Y109
Taiwan Semiconductor Manufacturing ADRSponsored ADR$7.8M16,395874039100
Eaton CorpCommon Stock$7.4M17,394G29183103
Goldman Sachs Group IncCommon Stock$7.1M7,00838141G104
Enterprise Products PartnersUnit Ltd Partn$7M191,338293792107
Johnson & JohnsonCommon Stock$7M27,516478160104
Blackrock IncCommon Stock$6.6M6,86709290D101
Linde PLCSPONS ADR$6.5M12,444G54950103
Vanguard S&P 500 EtfVang ETF$6.4M9,257922908363
Dell IncCommon Stock$5.7M13,24024703L202
Nextera EnergyCommon Stock$5.5M62,45865339F101
Rockwell AutomationCommon Stock$5.4M10,843773903109
Intuitive SurgicalCommon Stock$5.1M12,76646120E602
Thermo Fisher ScientificCommon Stock$5M9,982883556102
Alphabet Inc Class CCommon Stock$5M14,04102079K107
TJX IncCommon Stock$4.8M31,845872540109
Baker Hughes CoCommon Stock$4.8M86,68005722G100
S&P Global IncS&P Global$4.7M11,42178409V104
Mastercard IncCommon Stock$4.6M8,90157636Q104
Home Depot IncCommon Stock$4.3M12,291437076102
Capital One FinancialCommon Stock$4.2M20,95314040H105
Morgan Stanley & CoCommon Stock$4.2M20,065617446448
Lowes Companies IncCommon Stock$3.8M17,240548661107
Vanguard Total Stock Market ETFVang ETF$3.7M9,962922908769
Darden Restaurants IncCommon Stock$3.5M16,895237194105
Union Pacific CorpCommon Stock$3.5M12,763907818108
Abbott LaboratoriesCommon Stock$3.4M37,845002824100
Southern CompanyCommon Stock$3.2M33,202842587107
Crowdstrike Hldgs IncCommon Stock$3.2M4,14322788C105
Waste Management IncCommon Stock$3.1M13,80694106L109
Ulta Beauty Inc.Common Stock$3M6,69090384S303
Marvell Technology GroupCommon Stock$3M10,071573874104
Deere & CoCommon Stock$2.9M4,536244199105
ASML Holdings NVNY Registry Shs$2.8M1,426N07059210
Pepsico Inc.Common Stock$2.7M20,225713448108
Vanguard Total Interntl StkVang ETF$2.7M31,368921909768
Chevron Corp.Common Stock$2.6M15,784166764100
S&P DEP ReceiptsUnit SER 1$2.5M3,39778462F103
First Solar IncCommon Stock$2.5M10,509336433107
Chubb Corp.Common Stock$2.5M7,265H1467J104
Freeport McMoRanCommon Stock$2.5M39,21235671D857
iShares S&P Smallcap 600S&P Smlcap 600$2.5M16,615464287804
T-Mobile USCommon Stock$2.5M14,661872590104
Synopsys IncCommon Stock$2.4M5,468871607107
Meta Platforms IncCommon Stock$2.4M4,27230303M102
Datadog IncCommon Stock$2.4M9,20623804L103
Borg Warner IncCommon Stock$2.4M36,018099724106
Coca Cola Co.Common Stock$2.4M28,955191216100
McDonald's CorpCommon Stock$2.3M8,494580135101
Danaher CorpCommon Stock$2.3M11,881235851102
Netflix IncCommon Stock$2.2M31,46864110L106
American Express CoCommon Stock$2.2M6,601025816109
Texas Instruments, Inc.Common Stock$2.2M7,349882508104
International Business Machines CorpCommon Stock$2.2M7,699459200101
Walt Disney CoCommon Stock$2.1M22,282254687106
Icici Bank Ltd AdrADR$2.1M73,11245104G104
Viking HoldingsCommon Stock$2.1M20,250G93A5A101
Wal-Mart Stores Inc.Common Stock$1.9M16,621931142103
Cisco Systems IncCommon Stock$1.9M15,75817275R102
McKesson CorpCommon Stock$1.7M2,30658155Q103
Accenture PlcCommon Stock$1.7M13,982G1151C101
American Tower REITCommon Stock$1.7M10,61903027X100
Honeywell InternationalCommon Stock$1.7M7,547438516205
Oracle CorpCommon Stock$1.7M11,52068389X105
Starbucks CorpCommon Stock$1.6M16,137855244109
Honeywell Aerospace Inc.Common Stock$1.6M7,03543849R105
Tractor Supply CompanyCommon Stock$1.5M48,815892356106
Vanguard Mid Cap GrowthVang ETF$1.5M5,000922908538
Welltower IncCommon Stock$1.5M6,39295040Q104
Rydex S&P Equal Weight ETFS&P 500 Eq TRD$1.4M6,69246137V357
Micron Technology IncCommon Stock$1.4M1,227595112103
Blackstone IncPRTNRSP UNITS$1.4M12,00909260D107
Vanguard Small Cap ValueVang ETF$1.4M5,715922908611
Mondelez InternationalCommon Stock$1.4M23,539609207105
Mettler Toledo Intl IncCommon Stock$1.3M1,047592688105
RyanAir Holdings PLCADR$1.3M20,367783513203
Trane Technologies PlcCommon Stock$1.3M2,670G8994E103
Diamondback EnergyCommon Stock$1.2M7,10325278X109
Edwards Lifesciences CorpCommon Stock$1.2M13,73028176E108
Air Products and Chemicals IncCommon Stock$1.2M4,030009158106
Axalta Coating SystemsCommon Stock$1.2M34,322G0750C108
Aon PLCADR$1.1M3,445G0403H108
Zoetis IncCommon Stock$1.1M15,79998978V103
Merck & Co IncCommon Stock$1.1M8,72858933Y105
Yum! Brands IncCommon Stock$1.1M6,957988498101
Ares Capital CorpCommon Stock$1.1M59,40904010L103
L3Harris TechnologiesCommon Stock$1.1M3,740502431109
Technology Select Sector SPDR FundSPDR ETF$1.1M5,70081369Y803
CME Group IncCommon Stock$1.1M4,91212572Q105
Prologis IncCommon Stock$1.1M7,96174340W103
NXP Semiconductors N.V.Common Stock$1.1M3,837N6596X109
Pfizer Inc.Common Stock$1.1M44,312717081103
Boeing CoCommon Stock$1.1M4,880097023105
Schwab US Dividend Equity ETFSchwab ETF$1.1M33,305808524797
UnitedHealth GroupCommon Stock$1.1M2,52991324P102
GE Vernova Inc.Common Stock$1M87436828A101
Shopify IncCommon Stock$1M8,92382509L107
Procter & Gamble Co.Common Stock$1M6,863742718109
Novo NordiskADR$1M20,958670100205
Analog Devices IncCommon Stock$996.9K2,510032654105
Cencora IncCommon Stock$962.1K3,40003073E105
Stryker CorpCommon Stock$934.4K2,968863667101
Corteva Agriscience IncCommon Stock$925.6K10,92922052L104
iShares Russell Midcap Index FdRus Mid Cap ETF$922.6K8,363464287499
Duke Energy Corp.Common Stock$913.7K7,21826441C204
Cummins IncCommon Stock$873.7K1,225231021106
Schwab International Equity FundSchwab ETF$835.2K30,153808524805
Franklin FTSE South Korea ETFFTSE S Korea$830.6K12,56935473P710
Corning IncCommon Stock$822.5K3,220219350105
Carrier Global CorpCommon Stock$791.4K10,79014448C104
Expand Energy CorpCommon Stock$790K8,663165167735
Dutch Bros IncCommon Stock$784.2K10,92026701L100
iShares Trust S&P 500 IndexCORE S&P500 ETF$784.1K1,047464287200
Infosys Technologies LtdSponsored ADR$774.5K73,835456788108
iShares MSCI Japan Index FundMSCI Japan ETF$769.3K8,24846434G822
Fortive CorpCommon Stock$761.2K12,46134959J108
Kimberly Clark CorpCommon Stock$757.6K6,902494368103
Ishares Tr Russell 2000 Index FdRussell 2000 ETF$756.7K2,519464287655
Brookfield Renewable Partners LPPRTNRSP UNITS$727.6K20,949G16258108
Automatic Data Processing IncCommon Stock$703.7K3,142053015103
Cintas CorpCommon Stock$692.1K4,069172908105
Medtronic IncCommon Stock$690.5K8,826G5960L103
Vanguard Dividend Appreciation ETFVang ETF$689.3K2,913921908844
Cigna CorporationCommon Stock$689.2K2,500125523100
United Rentals IncCommon Stock$671.8K593911363109
Adobe IncCommon Stock$668.8K3,26200724F101
Space Exploration TechnologiesCommon Stock$658.7K3,85584615Q103
Johnson Controls IncCommon Stock$645.7K4,419G51502105
iShares MSCI USA Quality Factor ETFMSCI USA QLT FCT$637.2K2,90446432F339
Itau UniBanco Multiplo ADRSPONS ADR$592.9K72,571465562106
Carnival CorpCommon Stock$592.8K20,749G2004J103
Bristol-Myers SquibbCommon Stock$590.2K10,244110122108
Ishares MSCI India IndexMSCI India ETF$588K11,90546429B598
HSBC PLC Spon ADRADR$580.4K6,104404280406
iShares TIPS Bond FundBarclys TIPS BD$569K5,200464287176
Vanguard Mid Cap ValueVang ETF$564.9K2,859922908512
Intercontinental ExchangeCommon Stock$564.2K4,58345866F104
Autodesk IncCommon Stock$559.7K2,879052769106
Schwab US Broad Market ETFSchwab ETF$556.4K19,212808524102
Immunome, Inc.Common Stock$538.1K25,39445257U108
Parker Hannifin CorpCommon Stock$538K550701094104
Iqvia Hldgs IncCommon Stock$522.9K2,70646266C105
Vanguard FTSE Emerging Mkt ETFVang ETF$516.3K8,649922042858
Colgate Palmolive CoCommon Stock$510K5,563194162103
iShares Trust Dow Jones US Tech FundUS Tech ETF$486.8K1,930464287721
iShares Core MSCI EAFECORE MSCI EAFE$484.3K5,01446432F842
Bank of America CorpCommon Stock$482.9K8,475060505104
Sportradar GroupADR$478.7K31,974H8088L103
NVR IncCommon Stock$476.9K7062944T105
GXO Logistics IncCommon Stock$462.2K9,11736262G101
Vanguard Mega Cap Growth ETFVang ETF$454.9K5,175921910816
Allstate CorpCommon Stock$440.9K1,853020002101
Phillips 66Common Stock$439.5K2,600718546104
Avantis US Small Cap Value ETFUS SML CP VALU$439K3,519025072877
Powershares QQQ TrustUnit Ser 1$432.5K58746090E103
Lockheed Martin CorpCommon Stock$424.4K833539830109
Ishares Tr S&P MidcapS&P Midcap$408.3K5,295464287507
Incyte CorporationCommon Stock$404.7K3,57045337C102
iShares MSCI EAFE Index FundMSCI EAFE ETF$397.3K3,825464287465
PNC Financial Services Group IncCommon Stock$394.7K1,603693475105
C S X CorpCommon Stock$374.7K7,883126408103
Sherwin Williams CoCommon Stock$370.1K1,075824348106
Canadian Pacific Kansas City LtdCommon Stock$362.6K4,18513646K108
Amrize AGCommon Stock$362.4K6,800H2927K103
Trip.com Group LtdADR$362.1K9,08989677Q107
iShares Core MSCI Emerging Markets ETFCORE MSCI EMKT$358.2K4,32446434G103
On Semiconductor CoCommon Stock$353.1K3,735682189105
Janus Henderson Mortgage-Backed Securities ETFHENDERSON MTG$352.9K7,84447103U852
Cambria Shareholder Yield ETFSHSHLD YIELD ETF$350.3K4,430132061201
Tesla IncCommon Stock$349.1K83088160R101
3M CompanyCommon Stock$348.1K2,15088579Y101
Industrial Select Sector SPDR FundSBI INT-INDS$346.4K1,87081369Y704
Baidu Inc ADRADR$342K2,992056752108
Qualcomm IncCommon Stock$339.1K1,835747525103
Nike IncCommon Stock$331.6K8,077654106103
Dover CorpCommon Stock$325.2K1,450260003108
Vanguard FTSE Developed Markets ETFVang ETF$320.4K4,497921943858
Applied Materials IncCommon Stock$312.3K432038222105
FedEx CorpCommon Stock$305.9K97731428X106
RPM International IncCommon Stock$305.7K2,750749685103
Check Point Software TechnologiesCommon Stock$303.3K2,308M22465104
Values are shown exactly as filed. Before 2023 managers reported in thousands of dollars and afterwards in whole dollars; the reporting unit is not always determinable from the document, so nothing is converted automatically.

Source: U.S. Securities and Exchange Commission, Form 13F · as of 2026-07-28

Baldwin Investment Management, LLC — 231 positions reported for 2026Q2 — Tapewire