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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 5 of 5  ·  100 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 BA Boeing Co Industrials 4,880.0 $1.1M 0.10% +660.0 +15.6% $216.47 +3.0%
82 SCHD Schwab US Dividend Equity ETF 33,305.0 $1.1M 0.10% +8K +34.1% $31.71 +8.8%
83 GEV GE Vernova Inc. Utilities 874.0 $1.0M 0.10% +454.0 +108.1% $1174.86 -14.5%
84 SHOP Shopify Inc Technology 8,923.0 $1.0M 0.10% +500.0 +5.9% $114.18 +28.4%
85 PG Procter & Gamble Co. Consumer Defensive 6,863.0 $1.0M 0.10% +950.0 +16.1% $146.63 -2.2%
86 FLKR Franklin FTSE South Korea ETF 12,569.0 $831K 0.08% +1K +12.0% $66.08 -14.8%
87 EWJ iShares MSCI Japan Index Fund 8,248.0 $769K 0.07% +327.0 +4.1% $93.27 +2.3%
88 ADP Automatic Data Processing Inc Industrials 3,142.0 $704K 0.07% +38.0 +1.2% $223.95 +20.3%
89 CTAS Cintas Corp Industrials 4,069.0 $692K 0.07% +69.0 +1.7% $170.08 +17.3%
90 JCI Johnson Controls Inc Industrials 4,419.0 $646K 0.06% +955.0 +27.6% $146.11 +2.4%
91 BMY Bristol-Myers Squibb Healthcare 10,244.0 $590K 0.06% +2K +21.9% $57.62 +14.6%
92 HSBC HSBC PLC Spon ADR Financial Services 6,104.0 $580K 0.06% +397.0 +7.0% $95.09 +8.5%
93 NVR NVR Inc Consumer Cyclical 70.0 $477K 0.05% +5.0 +7.7% $6813.40 -8.3%
94 AVUV Avantis US Small Cap Value ETF 3,519.0 $439K 0.04% +271.0 +8.3% $124.75 +1.6%
95 QQQ Powershares QQQ Trust Financial Services 587.0 $432K 0.04% +224.0 +61.7% $736.75 -2.6%
96 IJH Ishares Tr S&P Midcap 5,295.0 $408K 0.04% +2K +46.3% $77.11 +0.2%
97 INCY Incyte Corporation Healthcare 3,570.0 $405K 0.04% +1K +44.0% $113.36 +8.9%
98 SYLD Cambria Shareholder Yield ETF 4,430.0 $350K 0.03% +418.0 +10.4% $79.08 +8.5%
99 TSLA Tesla Inc Consumer Cyclical 830.0 $349K 0.03% +101.0 +13.8% $420.60 -19.9%
100 HQL Abrdn Life Science Investors Financial Services 10,411.0 $208K 0.02% +317.0 +3.1% $20.01 +8.5%
Page 5 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%