Latest Baldwin Investment Management, LLC Stock Portfolio

Baldwin Investment Management, LLC Performance:

2025 Q4: 2.05%YTD: 5.19%2024: 2732.84%

Performance for 2025 Q4 is 2.05%, and YTD is 5.19%, and 2024 is 2732.84%.

About Baldwin Investment Management, LLC and 13F Hedge Fund Stock Holdings

Baldwin Investment Management, LLC is a hedge fund based in West Conshohocken, PA. On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Baldwin Investment Management, LLC reported an equity portfolio of $885.8 Millions as of 31 Dec, 2025.

The top stock holdings of Baldwin Investment Management, LLC are , AVGO, NVDA. The fund has invested 47.4% of it's portfolio in BERKSHIRE HATHAWAY INC A and 2.9% of portfolio in BROADCOM LIMITED.

The fund managers got completely rid off FISERV INC, CONSTELLATION BRANDS INC (STZ) and TEXAS INSTRUMENTS, INC. (TXN) stocks. They significantly reduced their stock positions in INDUSTRIAL SELECT SECTOR SPDR FUND (XLB), SHELL ADR EACH REP 2 ORD WI (SHEL) and PFIZER INC. (PFE). Baldwin Investment Management, LLC opened new stock positions in BOEING CO (BA), NVR INC (NVR) and NETFLIX INC (NFLX). The fund showed a lot of confidence in some stocks as they added substantially to DELL INC (DELL), DUTCH BROS INC (BROS) and IMMUNOME, INC. (IMNM).

Baldwin Investment Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Baldwin Investment Management, LLC made a return of 2.05% in the last quarter. In trailing 12 months, it's portfolio return was 5.19%.

Performance
S&P 500

New Buys

Ticker	$ Bought
boeing co	487,869
nvr inc	474,030
netflix inc	313,158
wells fargo & co.	221,030
incyte corporation	211,368

New stocks bought by Baldwin Investment Management, LLC

Additions

Ticker	% Inc.
dell inc	190
dutch bros inc	157
immunome, inc.	85.74
autodesk inc	65.08
zscaler inc	22.81
southern company	22.76
vanguard ftse developed markets etf	21.97
meta platforms inc	18.35

Additions to existing portfolio by Baldwin Investment Management, LLC

Reductions

Ticker	% Reduced
industrial select sector spdr fund	-52.54
shell adr each rep 2 ord wi	-45.61
pfizer inc.	-28.32
veralto ord wi	-24.69
american tower reit	-22.64
rpm international inc	-20.75
brookfield renewable partners lp	-19.5
ge vernova inc.	-18.31

Baldwin Investment Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
fiserv inc	-1,589,060
kyndryl holdings	-251,651
constellation brands inc	-552,416
texas instruments, inc.	-326,488
hubspot inc	-288,633

Baldwin Investment Management, LLC got rid off the above stocks

Sector Distribution

Baldwin Investment Management, LLC has about 54.8% of it's holdings in Others sector.

Sector	%
Others	54.8
Technology	14.3
Healthcare	6.8
Financial Services	6.2
Industrials	4.8
Consumer Cyclical	3.9
Energy	2.3
Communication Services	2.3
Consumer Defensive	1.9
Basic Materials	1.5

Market Cap. Distribution

Baldwin Investment Management, LLC has about 44.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	54.6
MEGA-CAP	27.1
LARGE-CAP	17.4

Stocks belong to which Index?

About 42.5% of the stocks held by Baldwin Investment Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	57.3
S&P 500	42.5

Top 5 Winners (%)		%
XLB	industrial select sector spdr fund	74.6 %
MU	micron technology inc	70.6 %
IMNM	immunome, inc.	53.8 %
LLY	eli lilly & company	40.7 %
FCX	freeport mcmoran	29.3 %

Top 5 Winners ($)		$
LRCX	lam research corp	3.7 M
LLY	eli lilly & company	3.4 M
GOOG	alphabet inc class a	2.4 M
ISRG	intuitive surgical	1.3 M
AAPL	apple inc	1.2 M

Top 5 Losers (%)		%
ORCL	oracle corp	-29.3 %
ZS	zscaler inc	-23.2 %
KMB	kimberly clark corp	-18.7 %
OCGN	ocugen inc	-17.2 %
UBER	uber technologies inc	-15.7 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-1.1 M
ETN	eaton corp	-0.7 M
COST	costco wholesale corp	-0.7 M
HD	home depot inc	-0.7 M
ORCL	oracle corp	-0.7 M

Baldwin Investment Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Baldwin Investment Management, LLC

Baldwin Investment Management, LLC has 207 stocks in it's portfolio. About 63.9% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. LRCX was the most profitable stock for Baldwin Investment Management, LLC last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.15	69,950	19,016,600	reduced	-3.5

ABBV	abbvie inc	0.74	28,549	6,523,150	reduced	-1.49

ABC	cencora inc	0.13	3,408	1,151,050	unchanged	0.00

ABT	abbott laboratories	0.56	39,556	4,956,000	added	0.23

ACN	accenture plc	0.30	9,899	2,655,900	reduced	-6.87

ADBE	adobe inc	0.21	5,366	1,878,050	reduced	-6.24

ADI	analog devices inc	0.09	3,010	816,312	reduced	-14.37

ADP	automatic data processing inc	0.09	3,104	798,442	added	4.9

ADSK	autodesk inc	0.16	4,832	1,430,320	added	65.08

AEMB	avantis us small cap value etf	0.03	2,750	280,469	added	4.76

ALL	allstate corp	0.04	1,850	385,078	reduced	-7.13

AMPS	ishares msci india index	0.11	18,746	1,013,220	unchanged	0.00

AMT	american tower reit	0.20	10,301	1,808,500	reduced	-22.64

AMZN	amazon.com inc	1.07	41,192	9,507,940	reduced	-0.42

AON	aon plc	0.04	900	317,592	unchanged	0.00

APD	air products and chemicals inc	0.09	3,103	766,503	unchanged	0.00

ASML	asml holdings nv	0.16	1,334	1,427,190	unchanged	0.00

AVGO	broadcom limited	2.87	73,420	25,410,800	added	1.67

AXP	american express co	0.29	6,860	2,537,860	reduced	-1.11

AXTA	axalta coating systems	0.21	58,304	1,883,800	reduced	-11.22