0001346378-22-000003.txt : 20220802 0001346378-22-000003.hdr.sgml : 20220802 20220802132610 ACCESSION NUMBER: 0001346378-22-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220630 FILED AS OF DATE: 20220802 DATE AS OF CHANGE: 20220802 EFFECTIVENESS DATE: 20220802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baldwin Investment Management, LLC CENTRAL INDEX KEY: 0001346378 IRS NUMBER: 233004562 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11586 FILM NUMBER: 221127915 BUSINESS ADDRESS: STREET 1: 1001 CONSHOHOCKEN STATE RD STREET 2: SUITE 1-202 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428 BUSINESS PHONE: 610-260-1555 MAIL ADDRESS: STREET 1: 1001 CONSHOHOCKEN STATE RD STREET 2: SUITE 1-202 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001346378 XXXXXXXX 06-30-2022 06-30-2022 Baldwin Investment Management, LLC

1001 CONSHOHOCKEN STATE RD SUITE 1-202 WEST CONSHOHOCKEN PA 19428

13F HOLDINGS REPORT 028-11586 N Peter H Havens 610-260-0453 Peter H Havens W Conshohocken PA 08-02-2022 0 215 526347 false INFORMATION TABLE 2 form13fsubmission-June22.xml 3M Company Common Stock 88579Y101 553 4270 SH SOLE 3066 0 1204 Abbott Laboratories Common Stock 002824100 4072 37479 SH SOLE 37479 0 0 Abbvie Inc Common Stock 00287Y109 6234 40702 SH SOLE 31071 0 9631 Accenture Plc Common Stock G1151C101 4069 14655 SH SOLE 14254 0 401 Adobe Inc Common Stock 00724F101 2741 7488 SH SOLE 7088 0 400 Advanced Micro Devices Inc Common Stock 007903107 254 3325 SH SOLE 3325 0 0 Air Products and Chemicals Inc Common Stock 009158106 1114 4631 SH SOLE 1880 0 2751 Allstate Corp Common Stock 020002101 247 1950 SH SOLE 1950 0 0 Alphabet Inc Class A Common Stock 02079K305 3687 1692 SH SOLE 1682 0 10 Alphabet Inc Class C Common Stock 02079K107 2142 979 SH SOLE 969 0 10 Amazon.com Inc Common Stock 023135106 3900 36715 SH SOLE 36715 0 0 American Express Co Common Stock 025816109 555 4001 SH SOLE 4001 0 0 American Tower REIT Common Stock 03027X100 2462 9631 SH SOLE 9531 0 100 American Water Works Inc Common Stock 030420103 205 1375 SH SOLE 1275 0 100 Amgen Inc Common Stock 031162100 313 1285 SH SOLE 1185 0 100 Aon PLC ADR G0403H108 405 1500 SH SOLE 1000 0 500 Apple Inc Common Stock 037833100 11469 83888 SH SOLE 71780 0 12108 Ares Capital Corp Common Stock 04010L103 736 41025 SH SOLE 41025 0 0 AstraZeneca PLC ADR 046353108 347 5256 SH SOLE 256 0 5000 Autodesk Inc Common Stock 052769106 1280 7446 SH SOLE 7446 0 0 Automatic Data Processing Inc Common Stock 053015103 653 3108 SH SOLE 1458 0 1650 Baker Hughes Co Common Stock 05722G100 888 30750 SH SOLE 30750 0 0 Bank of America Corp Common Stock 060505104 2105 67635 SH SOLE 49440 0 18195 Baxter International Inc. Common Stock 071813109 233 3625 SH SOLE 1424 0 2201 Berkshire Hathaway Cl A CL A 084990175 233510 571 SH SOLE 571 0 0 Berkshire Hathaway Cl B CL B 084670207 4811 17623 SH SOLE 12488 0 5135 Blackrock Inc Common Stock 09247X101 3292 5406 SH SOLE 4806 0 600 Blackstone Inc PRTNRSP UNITS 09260D107 1145 12550 SH SOLE 12550 0 0 Bristol-Myers Squibb Co Common Stock 110122108 5376 69814 SH SOLE 57264 0 12550 Broadcom Limited Common Stock 11135F101 4768 9815 SH SOLE 9815 0 0 Brookfield Renewable Corp Common Stock 11284V105 247 6943 SH SOLE 6943 0 0 Brookfield Renewable Partners LP PRTNRSP UNITS G16258108 1008 28971 SH SOLE 28971 0 0 Cabot Corporation Common Stock 127055101 1610 25242 SH SOLE 14177 0 11065 Canadian Pac Ltd Common Stock 13645T100 294 4211 SH SOLE 4211 0 0 Capital One Financial Common Stock 14040H105 1681 16131 SH SOLE 13931 0 2200 Carrier Global Corp Common Stock 14448C104 512 14352 SH SOLE 3792 0 10560 Caterpillar Inc Common Stock 149123101 1581 8843 SH SOLE 4791 0 4052 Celanese Corp Common Stock 150870103 370 3150 SH SOLE 3150 0 0 CH Robinson Worldwide Inc Common Stock 12541W209 228 2250 SH SOLE 2250 0 0 Check Point Software Technologies Common Stock M22465104 486 3994 SH SOLE 3994 0 0 Chevron Corp. Common Stock 166764100 1913 13212 SH SOLE 13007 0 205 Chubb Corp. Common Stock H1467J104 865 4401 SH SOLE 4401 0 0 Cintas Corp Common Stock 172908105 379 1015 SH SOLE 1015 0 0 Cisco Systems Inc Common Stock 17275R102 886 20787 SH SOLE 19737 0 1050 Coca Cola Co. Common Stock 191216100 839 13336 SH SOLE 10486 0 2850 Colgate Palmolive Co Common Stock 194162103 395 4932 SH SOLE 3730 0 1202 Comcast Corp Common Stock 20030N101 1969 50182 SH SOLE 50182 0 0 Constellation Brands Inc Common Stock 21036P108 1871 8029 SH SOLE 8029 0 0 Corteva Inc Common Stock 22052L104 1857 34305 SH SOLE 26785 0 7520 Costco Wholesale Corporation Common Stock 22160K105 5098 10637 SH SOLE 10337 0 300 Crowdstrike Hldgs Inc Common Stock 22788C105 406 2411 SH SOLE 2411 0 0 Crown Castle International Corp Common Stock 22822V101 1290 7659 SH SOLE 7509 0 150 Cullen Frost Bankers Inc Common Stock 229899109 274 2350 SH SOLE 2350 0 0 Cummins Inc Common Stock 231021106 362 1870 SH SOLE 1670 0 200 Customers Bancorp Inc Common Stock 23204G100 1165 34377 SH SOLE 34377 0 0 CVS Corp Common Stock 126650100 1294 13961 SH SOLE 8955 0 5006 Danaher Corp Common Stock 235851102 3404 13426 SH SOLE 12326 0 1100 Deere & Co Common Stock 244199105 763 2547 SH SOLE 2547 0 0 Dell Inc Common Stock 24703L202 1363 29485 SH SOLE 29485 0 0 Diageo PLC ADR's ADR 25243Q205 259 1485 SH SOLE 1485 0 0 Digital Realty TRUST Inc Common Stock 253868103 410 3157 SH SOLE 3157 0 0 Dominion Energy Inc Common Stock 25746U109 255 3200 SH SOLE 3200 0 0 Donegal Group Inc Common Stock 257701201 385 22600 SH SOLE 22600 0 0 Dow Chemical Inc Common Stock 260557103 237 4600 SH SOLE 4600 0 0 Duke Energy Corp. Common Stock 26441C204 1048 9779 SH SOLE 7879 0 1900 Eaton Corp Common Stock G29183103 1036 8219 SH SOLE 8219 0 0 Edwards Lifesciences Corp Common Stock 28176E108 356 3740 SH SOLE 3740 0 0 Elevance Health Inc Common Stock 036752103 657 1361 SH SOLE 1361 0 0 Eli Lilly & Company Common Stock 532457108 2202 6790 SH SOLE 6690 0 100 Enterprise Products Partners Unit Ltd Partn 293792107 4957 203406 SH SOLE 189306 0 14100 Enviva Inc. Unit Ltd Partn 29415B103 2432 42500 SH SOLE 41400 0 1100 EOG Resources Inc Common Stock 26875P101 223 2017 SH SOLE 2017 0 0 Exxon Mobil Corporation Common Stock 30231G102 2331 27223 SH SOLE 25573 0 1650 Factset Research Sys Common Stock 303075105 219 570 SH SOLE 570 0 0 FedEx Corp Common Stock 31428X106 945 4171 SH SOLE 4171 0 0 Financial Select Sector SPDR Fund SPDR ETF 81369Y605 308 9780 SH SOLE 2400 0 7380 First Solar Inc Common Stock 336433107 359 5273 SH SOLE 5273 0 0 Fiserv Inc Common Stock 337738108 2501 28106 SH SOLE 10705 0 17401 Ford Motor Company Common Stock 345370860 229 20600 SH SOLE 20600 0 0 Fortive Corp Common Stock 34959J108 595 10945 SH SOLE 10945 0 0 Freeport McMoRan Cp&Gld B Common Stock 35671D857 711 24288 SH SOLE 13888 0 10400 Generac Holdings Inc Common Stock 368736104 584 2775 SH SOLE 2775 0 0 General Motors Common Stock 37045V100 418 13175 SH SOLE 13175 0 0 Global Medical REIT Inc Common Stock 37954A204 594 52850 SH SOLE 52850 0 0 GlobalFoundries Inc Common Stock G39387108 948 23510 SH SOLE 20760 0 2750 Goldman Sachs Group Inc Common Stock 38141G104 2820 9495 SH SOLE 7595 0 1900 GXO Logistics Inc Common Stock 36262G101 860 19880 SH SOLE 19880 0 0 Hershey Foods Corp Common Stock 427866108 302 1405 SH SOLE 4 0 1401 Home Depot Inc Common Stock 437076102 3179 11589 SH SOLE 10139 0 1450 Honeywell International Inc Common Stock 438516106 1610 9265 SH SOLE 7715 0 1550 HSBC PLC Spon ADR ADR 404280406 243 7432 SH SOLE 7432 0 0 IAC Holdings, Inc. Common Stock 44891N208 271 3573 SH SOLE 3473 0 100 Icici Bank Ltd Adr ADR 45104G104 1176 66288 SH SOLE 66288 0 0 Illinois Tool Works Inc Common Stock 452308109 292 1602 SH SOLE 400 0 1202 Immunome, Inc. Common Stock 45257U108 82 25394 SH SOLE 25394 0 0 Infosys Technologies Ltd Sponsored ADR 456788108 1525 82407 SH SOLE 62407 0 20000 Insperity Inc. - NSP Common Stock 45778Q107 864 8650 SH SOLE 0 0 8650 Intel Corp Common Stock 458140100 315 8421 SH SOLE 3821 0 4600 Intercontinental Exchange Common Stock 45866F104 1427 15175 SH SOLE 7340 0 7835 International Business Machines Corp Common Stock 459200101 1292 9153 SH SOLE 1590 0 7563 Intuitive Surgical Common Stock 46120E602 1797 8953 SH SOLE 8953 0 0 Iqvia Holdings Inc Common Stock 46266C105 736 3392 SH SOLE 3042 0 350 iShares NASDAQ Biotechnology Index Fund iShares ETF 464287556 338 2875 SH SOLE 735 0 2140 Ishares S&P 500 Value iShares ETF 464287408 275 2000 SH SOLE 2000 0 0 iShares S&P Smallcap 600 S&P Smlcap 600 464287804 1847 19990 SH SOLE 17790 0 2200 iShares TIPS Bond Fund Barclys TIPS BD 464287176 638 5600 SH SOLE 5600 0 0 Itau UniBanco Multiplo ADR SPONS ADR 465562106 308 71880 SH SOLE 71880 0 0 J.P. Morgan Chase & Co Common Stock 46625H100 5671 50362 SH SOLE 40806 0 9556 Jacobs Engineering Common Stock 469814107 839 6597 SH SOLE 6597 0 0 Johnson & Johnson Common Stock 478160104 5147 28998 SH SOLE 24047 0 4951 Kimberly Clark Corp Common Stock 494368103 1856 13734 SH SOLE 13434 0 300 L3Harris Technologies, Inc. Common Stock 502431109 2006 8301 SH SOLE 8301 0 0 Lam Research Corporation Common Stock 512807108 4512 10589 SH SOLE 10589 0 0 Leidos Holdings Inc Common Stock 525327102 848 8425 SH SOLE 8425 0 0 Linde PLC SPONS ADR G5494J103 3932 13674 SH SOLE 11124 0 2550 Lockheed Martin Corp Common Stock 539830109 696 1619 SH SOLE 1134 0 485 Lowes Companies Inc Common Stock 548661107 2212 12663 SH SOLE 12663 0 0 Marvell Tech Group Ltd Common Stock 573874104 1078 24760 SH SOLE 24760 0 0 Mastercard Inc Common Stock 57636Q104 666 2110 SH SOLE 1910 0 200 Match Group Inc Common Stock 57667L107 224 3210 SH SOLE 3210 0 0 Mc Cormick & Co Inc N-Vt Common Stock 579780206 433 5200 SH SOLE 5200 0 0 McDonalds Corp. Common Stock 580135101 2208 8942 SH SOLE 7741 0 1201 McKesson Corp Common Stock 58155Q103 1254 3845 SH SOLE 3845 0 0 Merck & Co Inc Common Stock 58933Y105 556 6099 SH SOLE 3899 0 2200 Mettler Toledo Intl Inc Common Stock 592688105 2005 1745 SH SOLE 1745 0 0 Microsoft Corp. Common Stock 594918104 9966 38804 SH SOLE 20083 0 18721 Mondelez Intl Inc Cl A Common Stock 609207105 1363 21949 SH SOLE 21249 0 700 Morgan Stanley & Co Common Stock 617446448 1630 21433 SH SOLE 21433 0 0 Nextera Energy Inc. Common Stock 65339F101 2597 33521 SH SOLE 33521 0 0 Nike Inc Common Stock 654106103 2884 28218 SH SOLE 28218 0 0 Novo Nordisk ADR 670100205 1443 12946 SH SOLE 8846 0 4100 Nucor Corp Common Stock 670346105 392 3755 SH SOLE 3755 0 0 Nvidia Corp Common Stock 67066G104 3113 20536 SH SOLE 20486 0 50 NXP Semiconductors N.V. Common Stock N6596X109 702 4741 SH SOLE 4741 0 0 Oracle Corp Common Stock 68389X105 510 7300 SH SOLE 7300 0 0 Otis Worldwide Corp Common Stock 68902V107 499 7058 SH SOLE 1508 0 5550 Palo Alto Networks Common Stock 697435105 285 578 SH SOLE 578 0 0 PARAMOUNT GLOBAL CLASS B COMMON STOCK Common Stock 92556H206 605 24500 SH SOLE 24500 0 0 Paychex Inc Common Stock 704326107 674 5916 SH SOLE 5916 0 0 PayPal Holdings Inc Common Stock 70450Y103 334 4785 SH SOLE 4785 0 0 Pepsico Inc. Common Stock 713448108 2403 14417 SH SOLE 10567 0 3850 Pfizer Inc. Common Stock 717081103 943 17979 SH SOLE 15179 0 2800 Philip Morris Intl Inc Common Stock 718172109 377 3822 SH SOLE 1747 0 2075 PIMCO Dynamic Income Fund - PDI PIMCO ETF 72201Y101 205 9800 SH SOLE 0 0 9800 Pioneer Natural Res Common Stock 723787107 1489 6675 SH SOLE 6575 0 100 PNC Financial Services Group Inc Common Stock 693475105 1850 11728 SH SOLE 8278 0 3450 Powershares QQQ Trust QQQ Trust 46090E103 355 1265 SH SOLE 1265 0 0 PPG Industries Inc Common Stock 693506107 404 3535 SH SOLE 833 0 2702 Price, T. Rowe Group - TROW Common Stock 74144T108 585 5150 SH SOLE 0 0 5150 Procter & Gamble Co. Common Stock 742718109 941 6546 SH SOLE 3067 0 3479 Progressive Corp Common Stock 743315103 451 3875 SH SOLE 3875 0 0 Prologis Inc New Common Stock 74340W103 1963 16686 SH SOLE 16686 0 0 Qorvo Inc. - QRVO Common Stock 74736K101 448 4750 SH SOLE 0 0 4750 Qualcomm Inc Common Stock 747525103 486 3805 SH SOLE 3805 0 0 Raytheon Technologies Common Stock 75513E101 4106 42724 SH SOLE 31521 0 11203 Rgc Resources Inc Common Stock 74955L103 379 19900 SH SOLE 19900 0 0 Rockwell Automation Inc Common Stock 773903109 514 2580 SH SOLE 2580 0 0 RPM International Inc Common Stock 749685103 464 5900 SH SOLE 5900 0 0 RyanAir Holdings PLC ADR 783513203 646 9603 SH SOLE 9603 0 0 Rydex S&P Equal Weight ETF S&P 500 Eq TRD 46137V357 1448 10784 SH SOLE 10784 0 0 S&P DEP Receipts Unit SER 1 78462F103 2833 7510 SH SOLE 2385 0 5125 S&P Global Inc S&P Global 78409V104 1295 3843 SH SOLE 3843 0 0 Schwab International Equity Fund Schwab ETF 808524805 249 7913 SH SOLE 7913 0 0 Schwab US Dividend Equity ETF Schwab ETF 808524797 1259 17575 SH SOLE 9153 0 8422 Schwab US Small Cap ETF Schwab ETF 808524607 466 11961 SH SOLE 11435 0 526 SEI Investments Co. - SEIC Common Stock 784117103 407 7530 SH SOLE 0 0 7530 SHELL ADR EACH REP 2 ORD WI ADR 780259305 385 7358 SH SOLE 6158 0 1200 Sherwin Williams Common Stock 824348106 262 1172 SH SOLE 1172 0 0 Shopify Inc Common Stock 82509L107 398 12740 SH SOLE 12740 0 0 Skechers USA Inc Common Stock 830566105 317 8900 SH SOLE 8900 0 0 Southern Company Common Stock 842587107 367 5150 SH SOLE 5000 0 150 SPDR Gold Trust SPDR ETF 78463V107 253 1500 SH SOLE 1500 0 0 Spdr S&P Dividend Etf SPDR ETF 78464A763 291 2450 SH SOLE 2000 0 450 SPORTRADAR GROUP CL A ORD ADR H8088L103 145 18314 SH SOLE 17489 0 825 Stanley Black & Decker - SWK Common Stock 854502101 219 2085 SH SOLE 0 0 2085 Starbucks Corp Common Stock 855244109 2232 29224 SH SOLE 29224 0 0 Sysco Corp Common Stock 871829107 650 7675 SH SOLE 7175 0 500 Taiwan Semiconductor MFG Co LTD SPON ADR Sponsored ADR 874039100 1256 15369 SH SOLE 15269 0 100 Target Corporation Common Stock 87612E106 491 3478 SH SOLE 3478 0 0 Tata Motors LTD Sponsored ADR 876568502 643 24873 SH SOLE 24873 0 0 Technology Select Sector SPDR Fund SPDR ETF 81369Y803 739 5815 SH SOLE 1400 0 4415 Teradyne Incorporated Common Stock 880770102 1214 13555 SH SOLE 7155 0 6400 Texas Instruments, Inc. Common Stock 882508104 440 2864 SH SOLE 2864 0 0 The Charles Schwab Corp. Common Stock 808513105 762 12058 SH SOLE 12058 0 0 Thermo Fisher Scientific Common Stock 883556102 4163 7663 SH SOLE 6763 0 900 TJX Inc Common Stock 872540109 550 9843 SH SOLE 9843 0 0 Trane Technologies Plc Common Stock G8994E103 558 4298 SH SOLE 2698 0 1600 Trip.com Group Ltd ADR 89677Q107 293 10663 SH SOLE 10663 0 0 Ulta Beauty Inc. Common Stock 90384S303 1792 4650 SH SOLE 4550 0 100 Union Pacific Corp Common Stock 907818108 3278 15370 SH SOLE 15370 0 0 UnitedHealth Group Inc Common Stock 91324P102 1349 2626 SH SOLE 2526 0 100 Vanguard Dividend Vang ETF 921908844 937 6530 SH SOLE 1810 0 4720 Vanguard FTSE All-World ex-US Vang ETF 922042775 284 5688 SH SOLE 5688 0 0 Vanguard FTSE Dev Mkts ETF Vang ETF 921943858 346 8491 SH SOLE 2951 0 5540 Vanguard Large Cap Etf Vang ETF 922908637 457 2650 SH SOLE 2600 0 50 Vanguard Mid Cap Value Vang ETF 922908512 1201 9276 SH SOLE 2536 0 6740 Vanguard Mid-Cap ETF Vang ETF 922908629 559 2838 SH SOLE 823 0 2015 Vanguard Mid-Cap Growth - VOT Vang ETF 922908538 1016 5794 SH SOLE 0 0 5794 Vanguard Reit Etf Vang ETF 922908553 572 6280 SH SOLE 6280 0 0 Vanguard Small Cap Value Vang ETF 922908611 846 5645 SH SOLE 3485 0 2160 Vanguard Total Interntl Stk Vang ETF 921909768 1003 19431 SH SOLE 19431 0 0 Vanguard Total Stock Market ETF Vang ETF 922908769 1030 5459 SH SOLE 5459 0 0 Verizon Communications Common Stock 92343V104 1780 35083 SH SOLE 29272 0 5811 Vertex Pharmaceuticals Common Stock 92532F100 2118 7517 SH SOLE 7317 0 200 Visa Inc. Common Stock 92826C839 4545 23084 SH SOLE 22884 0 200 Vulcan Materials Company Common Stock 929160109 992 6981 SH SOLE 155 0 6826 Wal-Mart Stores Inc. Common Stock 931142103 523 4303 SH SOLE 3503 0 800 Walt Disney Co Common Stock 254687106 642 6801 SH SOLE 6701 0 100 Waste Management Inc Common Stock 94106L109 2230 14578 SH SOLE 14578 0 0 WEC Energy Corp Common Stock 92939U106 277 2753 SH SOLE 2753 0 0 Williams Sonoma Inc Common Stock 969904101 324 2920 SH SOLE 2920 0 0 Xcel Energy Inc Common Stock 98389B100 205 2900 SH SOLE 2500 0 400 Yum China Holdings Inc Common Stock 98850P109 399 8235 SH SOLE 8235 0 0 Yum! Brands Inc Common Stock 988498101 1011 8907 SH SOLE 7505 0 1402 Zoetis Inc Common Stock 98978V103 4525 26326 SH SOLE 23126 0 3200