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Portfolio (Quarterly) Guide ↗

Baldwin Investment Management, LLC

· CIK 0001346378
13F Portfolio $1.0B AUM 231 positions Filed Jul 28, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 30 New 100 Added 54 Reduced 9 Exited
Page 4 of 5  ·  100 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 DIS Walt Disney Co Communication Services 22,282.0 $2.1M 0.21% +4K +23.2% $96.25 +8.0%
62 WMT Wal-Mart Stores Inc. Consumer Defensive 16,621.0 $1.9M 0.18% +5K +43.5% $113.26 +1.7%
63 CSCO Cisco Systems Inc Technology 15,758.0 $1.9M 0.18% +3K +19.6% $117.46 -5.0%
64 MCK McKesson Corp Healthcare 2,306.0 $1.7M 0.17% +1K +107.8% $755.60 +15.0%
65 ACN Accenture Plc Technology 13,982.0 $1.7M 0.17% +4K +46.6% $124.44 +39.0%
66 AMT American Tower REIT Real Estate 10,619.0 $1.7M 0.17% +143.0 +1.4% $163.57 +5.4%
67 ORCL Oracle Corp Technology 11,520.0 $1.7M 0.16% +7K +131.6% $146.55 -2.6%
68 SBUX Starbucks Corp Consumer Cyclical 16,137.0 $1.6M 0.16% +1K +9.4% $102.19 +3.7%
69 TSCO Tractor Supply Company Consumer Cyclical 48,815.0 $1.5M 0.15% +5K +10.2% $31.61 +9.8%
70 WELL Welltower Inc Real Estate 6,392.0 $1.5M 0.14% +3K +64.9% $226.97 +3.7%
71 RSP Rydex S&P Equal Weight ETF 6,692.0 $1.4M 0.14% +1K +21.6% $212.78 +3.3%
72 MU Micron Technology Inc Technology 1,227.0 $1.4M 0.14% +126.0 +11.4% $1154.29 -18.5%
73 VBR Vanguard Small Cap Value 5,715.0 $1.4M 0.13% +1K +21.5% $243.01 +1.8%
74 MDLZ Mondelez International Consumer Defensive 23,539.0 $1.4M 0.13% +4K +20.5% $57.84 +8.3%
75 APD Air Products and Chemicals Inc Basic Materials 4,030.0 $1.2M 0.11% +927.0 +29.9% $293.18 +3.4%
76 AON Aon PLC Financial Services 3,445.0 $1.1M 0.11% +3K +282.8% $331.69 +3.5%
77 MRK Merck & Co Inc Healthcare 8,728.0 $1.1M 0.11% +3K +62.5% $128.50 +5.2%
78 YUM Yum! Brands Inc Consumer Cyclical 6,957.0 $1.1M 0.11% +285.0 +4.3% $159.86 -9.4%
79 CME CME Group Inc Financial Services 4,912.0 $1.1M 0.10% +449.0 +10.1% $220.83 +23.0%
80 PFE Pfizer Inc. Healthcare 44,312.0 $1.1M 0.10% +8K +21.7% $24.08 +13.2%
Page 4 of 5  ·  100 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 35.5%
Financial Services 13.9%
Healthcare 12.4%
Industrials 11.4%
Consumer Cyclical 7.7%
Communication Services 5.6%
Consumer Defensive 4.5%
Energy 3.5%
Basic Materials 2.4%
Utilities 2.2%