BALDWIN INVESTMENT MANAGEMENT, LLC

Filed: 11/14/2023ACC: 0001346378-23-000005

📋 What this filing means

BALDWIN INVESTMENT MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 192 equity positions with a total reported market value of $598.05M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

192

Positions

$598.05M

Total AUM (reported)

2.56M

Total Shares

Allocation by class

CL A$301.35M50.4%

COMMON STOCK$248.12M41.5%

ADR$6.95M1.2%

CL B$6.73M1.1%

SPONS ADR$5.41M0.9%

UNIT LTD PARTN$5.40M0.9%

VANG ETF$4.80M0.8%

Portfolio Concentration

Top 3$325.22M54.4%

4–10$43.80M7.3%

11–25$60.27M10.1%

Rest$168.76M28.2%

Top 3 weight

54.4%

Top 10 weight

61.7%

Voting Authority Distribution

Total shares with voting rights: 2.56M

Sole

Full voting authority

141.16K

% of voting shares5.5%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.42M

% of voting shares94.5%

Investment Discretion (by position count)

Sole192

Shared0

Other0

Dominant voting typeNone · 94.5% of voting shares

Institutional Holdings192

Rows:

Berkshire Hathaway Inc A

SOLE

CL A

Shares567.00

TypeSH

Market value$301.35M

50.39%

Sole

468.00

Shared

0.00

None

99.00

Microsoft Corp

SOLE

Common Stock

Shares38.24K

TypeSH

Market value$12.08M

2.02%

Sole

0.00

Shared

0.00

None

38.24K

Apple Inc

SOLE

Common Stock

Shares68.93K

TypeSH

Market value$11.80M

1.97%

Sole

Shared

0.00

None

65.93K

J.P. Morgan Chase & Co

SOLE

Common Stock

Shares50.17K

TypeSH

Market value$7.28M

1.22%

Sole

Shared

0.00

None

46.17K

Broadcom Limited

SOLE

Common Stock

Shares8.34K

TypeSH

Market value$6.92M

1.16%

Sole

700.00

Shared

0.00

None

7.64K

Berkshire Hathaway Inc B

SOLE

CL B

Shares19.20K

TypeSH

Market value$6.73M

1.12%

Sole

647.00

Shared

0.00

None

18.55K

Lam Research Corp

SOLE

Common Stock

Shares9.84K

TypeSH

Market value$6.17M

1.03%

Sole

Shared

0.00

None

8.84K

Nvidia Corp

SOLE

Common Stock

Shares13.04K

TypeSH

Market value$5.67M

0.95%

Sole

Shared

0.00

None

11.04K

Costco Wholesale Corporation

SOLE

Common Stock

Shares9.98K

TypeSH

Market value$5.64M

0.94%

Sole

1.30K

Shared

0.00

None

8.68K

Enterprise Products Partners

SOLE

Unit Ltd Partn

Shares197.29K

TypeSH

Market value$5.40M

0.90%

Sole

9.30K

Shared

0.00

None

187.99K

Linde PLC

SOLE

SPONS ADR

Shares13.53K

TypeSH

Market value$5.04M

0.84%

Sole

Shared

0.00

None

12.53K

Abbvie Inc

SOLE

Common Stock

Shares32.59K

TypeSH

Market value$4.86M

0.81%

Sole

1.75K

Shared

0.00

None

30.84K

Eli Lilly & Company

SOLE

Common Stock

Shares8.74K

TypeSH

Market value$4.70M

0.79%

Sole

900.00

Shared

0.00

None

7.84K

Zoetis Inc

SOLE

Common Stock

Shares25.39K

TypeSH

Market value$4.42M

0.74%

Sole

2.25K

Shared

0.00

None

23.14K

Amazon.com Inc

SOLE

Common Stock

Shares34.28K

TypeSH

Market value$4.36M

0.73%

Sole

Shared

0.00

None

30.28K

Alphabet Inc Class A

SOLE

Common Stock

Shares33.09K

TypeSH

Market value$4.33M

0.72%

Sole

Shared

0.00

None

29.09K

Visa Inc.

SOLE

Common Stock

Shares18.75K

TypeSH

Market value$4.31M

0.72%

Sole

1.50K

Shared

0.00

None

17.25K

Danaher Corp

SOLE

Common Stock

Shares15.41K

TypeSH

Market value$3.82M

0.64%

Sole

1.30K

Shared

0.00

None

14.11K

Thermo Fisher Scientific

SOLE

Common Stock

Shares7.33K

TypeSH

Market value$3.71M

0.62%

Sole

600.00

Shared

0.00

None

6.73K

Adobe Inc

SOLE

Common Stock

Shares7.16K

TypeSH

Market value$3.65M

0.61%

Sole

Shared

0.00

None

6.16K

Home Depot Inc

SOLE

Common Stock

Shares11.69K

TypeSH

Market value$3.53M

0.59%

Sole

0.00

Shared

0.00

None

11.69K

Johnson & Johnson

SOLE

Common Stock

Shares22.63K

TypeSH

Market value$3.53M

0.59%

Sole

0.00

Shared

0.00

None

22.63K

Accenture Plc

SOLE

Common Stock

Shares11.23K

TypeSH

Market value$3.45M

0.58%

Sole

1.50K

Shared

0.00

None

9.73K

Abbott Laboratories

SOLE

Common Stock

Shares34.47K

TypeSH

Market value$3.34M

0.56%

Sole

Shared

0.00

None

31.47K

Blackrock Inc

SOLE

Common Stock

Shares5K

TypeSH

Market value$3.23M

0.54%

Sole

400.00

Shared

0.00

None

4.60K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Berkshire Hathaway Inc ASOLE	CL A	567.00	SH	$301.35M 50.39%	468.00	99.00
Microsoft CorpSOLE	Common Stock	38.24K	SH	$12.08M 2.02%	0.00	38.24K
Apple IncSOLE	Common Stock	68.93K	SH	$11.80M 1.97%	3K	65.93K
J.P. Morgan Chase & CoSOLE	Common Stock	50.17K	SH	$7.28M 1.22%	4K	46.17K
Broadcom LimitedSOLE	Common Stock	8.34K	SH	$6.92M 1.16%	700.00	7.64K
Berkshire Hathaway Inc BSOLE	CL B	19.20K	SH	$6.73M 1.12%	647.00	18.55K
Lam Research CorpSOLE	Common Stock	9.84K	SH	$6.17M 1.03%	1K	8.84K
Nvidia CorpSOLE	Common Stock	13.04K	SH	$5.67M 0.95%	2K	11.04K
Costco Wholesale CorporationSOLE	Common Stock	9.98K	SH	$5.64M 0.94%	1.30K	8.68K
Enterprise Products PartnersSOLE	Unit Ltd Partn	197.29K	SH	$5.40M 0.90%	9.30K	187.99K
Linde PLCSOLE	SPONS ADR	13.53K	SH	$5.04M 0.84%	1K	12.53K
Abbvie IncSOLE	Common Stock	32.59K	SH	$4.86M 0.81%	1.75K	30.84K
Eli Lilly & CompanySOLE	Common Stock	8.74K	SH	$4.70M 0.79%	900.00	7.84K
Zoetis IncSOLE	Common Stock	25.39K	SH	$4.42M 0.74%	2.25K	23.14K
Amazon.com IncSOLE	Common Stock	34.28K	SH	$4.36M 0.73%	4K	30.28K
Alphabet Inc Class ASOLE	Common Stock	33.09K	SH	$4.33M 0.72%	4K	29.09K
Visa Inc.SOLE	Common Stock	18.75K	SH	$4.31M 0.72%	1.50K	17.25K
Danaher CorpSOLE	Common Stock	15.41K	SH	$3.82M 0.64%	1.30K	14.11K
Thermo Fisher ScientificSOLE	Common Stock	7.33K	SH	$3.71M 0.62%	600.00	6.73K
Adobe IncSOLE	Common Stock	7.16K	SH	$3.65M 0.61%	1K	6.16K
Home Depot IncSOLE	Common Stock	11.69K	SH	$3.53M 0.59%	0.00	11.69K
Johnson & JohnsonSOLE	Common Stock	22.63K	SH	$3.53M 0.59%	0.00	22.63K
Accenture PlcSOLE	Common Stock	11.23K	SH	$3.45M 0.58%	1.50K	9.73K
Abbott LaboratoriesSOLE	Common Stock	34.47K	SH	$3.34M 0.56%	3K	31.47K
Blackrock IncSOLE	Common Stock	5K	SH	$3.23M 0.54%	400.00	4.60K

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