Chief Compliance Officer

0001346378-24-000009.txt : 20241113 0001346378-24-000009.hdr.sgml : 20241113 20241113161507 ACCESSION NUMBER: 0001346378-24-000009 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241113 DATE AS OF CHANGE: 20241113 EFFECTIVENESS DATE: 20241113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baldwin Investment Management, LLC CENTRAL INDEX KEY: 0001346378 ORGANIZATION NAME: 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: 241454418 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 X0202 13F-HR LIVE false false false 0001346378 XXXXXXXX 09-30-2024 09-30-2024 Baldwin Investment Management, LLC

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

13F HOLDINGS REPORT 028-11586 N Christina McCloy Chief Compliance Officer 610-260-0691 Christina McCloy West Conshohocken PA 11-13-2024 0 213 797873977 false INFORMATION TABLE 2 form13fsubmission-Sept24.1.xml Abbott Laboratories Common Stock 002824100 3895128 34165 SH SOLE 19623 0 14542 Abbvie Inc Common Stock 00287Y109 6013544 30451 SH SOLE 13638 0 16813 Accenture Plc Common Stock G1151C101 4577566 12950 SH SOLE 9809 0 3141 Adobe Inc Common Stock 00724F101 3209718 6199 SH SOLE 4678 0 1521 Air Products and Chemicals Inc Common Stock 009158106 1237110 4155 SH SOLE 555 0 3600 Allstate Corp Common Stock 020002101 313302 1652 SH SOLE 1202 0 450 Alphabet Inc Class A Common Stock 02079K305 5756819 34711 SH SOLE 21036 0 13675 Alphabet Inc Class C Common Stock 02079K107 2775354 16600 SH SOLE 11865 0 4735 Amazon.com Inc Common Stock 023135106 7851015 42135 SH SOLE 29410 0 12725 AMENTUM HOLDINGS INC COM Common Stock 023939101 297184 9215 SH SOLE 3445 0 5770 American Express Co Common Stock 025816109 1141752 4210 SH SOLE 3040 0 1170 American Tower REIT Common Stock 03027X100 3097887 13321 SH SOLE 8420 0 4901 Analog Devices Inc Common Stock 032654105 203700 885 SH SOLE 145 0 740 Aon PLC ADR G0403H108 484386 1400 SH SOLE 900 0 500 Apple Inc Common Stock 037833100 17141190 73567 SH SOLE 40724 0 32843 Ares Capital Corp Common Stock 04010L103 1061121 50674 SH SOLE 30024 0 20650 ASML Holdings NV NY Registry Shs N07059210 749925 900 SH SOLE 380 0 520 AstraZeneca PLC ADR 046353108 362749 4656 SH SOLE 256 0 4400 Autodesk Inc Common Stock 052769106 1028091 3732 SH SOLE 2872 0 860 Automatic Data Processing Inc Common Stock 053015103 843196 3047 SH SOLE 417 0 2630 Avantis US Small Cap Value ETF US SML CP VALU 025072877 399964 4168 SH SOLE 1011 0 3157 Baidu Inc ADR ADR 056752108 351563 3339 SH SOLE 1729 0 1610 Baker Hughes Co Common Stock 05722G100 847248 23437 SH SOLE 20912 0 2525 Bank of America Corp Common Stock 060505104 853914 21520 SH SOLE 1520 0 20000 Bentley Systems COM CL B 08265T208 1622635 31935 SH SOLE 20335 0 11600 Berkshire Hathaway Cl A CL A 084990175 385678440 55800 SH SOLE 55800 0 0 Berkshire Hathaway Inc B CL B 084670702 9161015 19904 SH SOLE 11399 0 8505 Blackrock Inc Common Stock 09290D101 4708049 4958 SH SOLE 2606 0 2352 Blackstone Inc PRTNRSP UNITS 09260D107 2591266 16922 SH SOLE 13185 0 3737 Borg Warner Inc Common Stock 099724106 2957780 81504 SH SOLE 38994 0 42510 Boston Scientific Corp Common Stock 101137107 723864 8638 SH SOLE 4163 0 4475 Bristol-Myers Squibb Common Stock 110122108 576849 11149 SH SOLE 3799 0 7350 Broadcom Limited Common Stock 11135F101 14037735 81378 SH SOLE 60648 0 20730 Brookfield Renewable Partners LP PRTNRSP UNITS G16258108 846302 30032 SH SOLE 19444 0 10588 C S X Corp Common Stock 126408103 275308 7973 SH SOLE 5973 0 2000 Cabot Corporation Common Stock 127055101 1403272 12555 SH SOLE 2200 0 10355 Cambria Shareholder Yield ETF SHSHLD YIELD ETF 132061201 457202 6318 SH SOLE 385 0 5933 Canadian Pacific Kansas City Ltd Common Stock 13646K108 357985 4185 SH SOLE 2385 0 1800 Capital One Financial Common Stock 14040H105 1828952 12215 SH SOLE 8840 0 3375 Carnival Corp Common Stock 143658300 188016 10174 SH SOLE 5699 0 4475 Carrier Global Corp Common Stock 14448C104 1269730 15775 SH SOLE 2945 0 12830 Caterpillar Inc Common Stock 149123101 3813811 9751 SH SOLE 3390 0 6361 CH Robinson Worldwide Inc Common Stock 12541W209 204516 1853 SH SOLE 1303 0 550 Check Point Software Technologies Common Stock M22465104 534662 2773 SH SOLE 1879 0 894 Chesapeake Energy Common Stock 165167735 297334 3615 SH SOLE 3315 0 300 Chevron Corp. Common Stock 166764100 1434999 9744 SH SOLE 6502 0 3242 Chubb Corp. Common Stock H1467J104 1499916 5201 SH SOLE 3433 0 1768 Cintas Corp Common Stock 172908105 823520 4000 SH SOLE 0 0 4000 Cisco Systems Inc Common Stock 17275R102 387027 7272 SH SOLE 3422 0 3850 CME Group Inc Common Stock 12572Q105 1189304 5390 SH SOLE 2188 0 3202 Coca Cola Co. Common Stock 191216100 670813 9335 SH SOLE 7385 0 1950 Colgate Palmolive Co Common Stock 194162103 461851 4449 SH SOLE 1547 0 2902 Comcast Corp Common Stock 20030N101 698687 16727 SH SOLE 9972 0 6755 Constellation Brands Inc Common Stock 21036P108 2285827 8870 SH SOLE 5225 0 3645 Corning Inc Common Stock 219350105 225750 5000 SH SOLE 2300 0 2700 Corteva Agriscience Inc Common Stock 22052L104 1079032 18354 SH SOLE 4479 0 13875 Costco Wholesale Corporation Common Stock 22160K105 8736436 9855 SH SOLE 7120 0 2735 Coterra Energy Inc Common Stock 127097103 942468 39352 SH SOLE 20602 0 18750 Crowdstrike Hldgs Inc Common Stock 22788C105 252423 900 SH SOLE 390 0 510 Cummins Inc Common Stock 231021106 671864 2075 SH SOLE 595 0 1480 Danaher Corp Common Stock 235851102 4427744 15926 SH SOLE 10469 0 5457 Darden Restaurants Inc Common Stock 237194105 1329945 8103 SH SOLE 4118 0 3985 Deere & Co Common Stock 244199105 1135555 2721 SH SOLE 1486 0 1235 Dell Inc Common Stock 24703L202 372571 3143 SH SOLE 2153 0 990 Diamondback Energy Common Stock 25278X109 1348513 7822 SH SOLE 5345 0 2477 Dover Corp Common Stock 260003108 278023 1450 SH SOLE 1450 0 0 Du Pont E I De Nemours & Co Common Stock 26614N102 220904 2479 SH SOLE 2479 0 0 Duke Energy Corp. Common Stock 26441C204 995385 8633 SH SOLE 3800 0 4833 Eagle Materials Inc Common Stock 26969P108 799667 2780 SH SOLE 0 0 2780 Eaton Corp Common Stock G29183103 3409523 10287 SH SOLE 4758 0 5529 Eli Lilly & Company Common Stock 532457108 7401296 8354 SH SOLE 5031 0 3323 Enterprise Products Partners Unit Ltd Partn 293792107 5779296 198533 SH SOLE 59273 0 139260 EOG Resources Inc Common Stock 26875P101 218201 1775 SH SOLE 1150 0 625 Exelon Corporation Common Stock 30161N101 200723 4950 SH SOLE 3850 0 1100 Exxon Mobil Corporation Common Stock 30231G102 5897311 50310 SH SOLE 25407 0 24903 FedEx Corp Common Stock 31428X106 570623 2085 SH SOLE 1905 0 180 Financial Select Sector SPDR Fund SPDR ETF 81369Y605 333555 7360 SH SOLE 2400 0 4960 First Solar Inc Common Stock 336433107 2429296 9739 SH SOLE 4864 0 4875 Fiserv Inc Common Stock 337738108 3834629 21345 SH SOLE 1500 0 19845 Fortive Corp Common Stock 34959J108 1931259 24468 SH SOLE 16241 0 8227 Freeport McMoRan Common Stock 35671D857 1651404 33081 SH SOLE 13528 0 19553 GE Healthcare Technologies Common Stock 36266G107 626233 6673 SH SOLE 3573 0 3100 Goldman Sachs Group Inc Common Stock 38141G104 3892060 7861 SH SOLE 3901 0 3960 GXO Logistics Inc Common Stock 36262G101 264411 5078 SH SOLE 4108 0 970 Hershey Foods Corp Common Stock 427866108 268684 1401 SH SOLE 0 0 1401 Home Depot Inc Common Stock 437076102 4642376 11457 SH SOLE 3477 0 7980 Honeywell International Common Stock 438516106 1333831 6453 SH SOLE 3080 0 3373 HSBC PLC Spon ADR ADR 404280406 271411 6006 SH SOLE 3477 0 2529 Icici Bank Ltd Adr ADR 45104G104 1715659 57476 SH SOLE 44821 0 12655 Illinois Tool Works Inc Common Stock 452308109 353532 1349 SH SOLE 210 0 1139 Immunome, Inc. Common Stock 45257U108 371260 25394 SH SOLE 0 0 25394 Industrial Select Sector SPDR Fund SBI INT-INDS 81369Y704 273589 2020 SH SOLE 2020 0 0 Infosys Technologies Ltd Sponsored ADR 456788108 1744988 78356 SH SOLE 28419 0 49937 Insperity Inc Common Stock 45778Q107 451880 5135 SH SOLE 0 0 5135 Intercontinental Exchange Common Stock 45866F104 2172977 13527 SH SOLE 4320 0 9207 International Business Machines Corp Common Stock 459200101 1890013 8549 SH SOLE 586 0 7963 Intuitive Surgical Common Stock 46120E602 4786444 9743 SH SOLE 5972 0 3771 Iqvia Holdings Inc Common Stock 46266C105 840770 3548 SH SOLE 1453 0 2095 Ishares MSCI India Index MSCI India ETF 46429B598 1358072 23203 SH SOLE 11813 0 11390 iShares MSCI Japan Index Fund MSCI Japan ETF 46434G822 620180 8669 SH SOLE 4098 0 4571 iShares NASDAQ Biotechnology Index Fund iShares ETF 464287556 373464 2565 SH SOLE 635 0 1930 iShares S&P Smallcap 600 S&P Smlcap 600 464287804 2095923 17920 SH SOLE 16028 0 1892 iShares TIPS Bond Fund Barclys TIPS BD 464287176 574444 5200 SH SOLE 5200 0 0 iShares Trust Dow Jones US Tech Fund US Tech ETF 464287721 307789 2030 SH SOLE 2030 0 0 Itau UniBanco Multiplo ADR SPONS ADR 465562106 491807 73956 SH SOLE 37634 0 36322 J.P. Morgan Chase & Co Common Stock 46625H100 10948327 51922 SH SOLE 26496 0 25426 Jacobs Solutions Inc Common Stock 46982L108 1206244 9215 SH SOLE 3445 0 5770 Johnson & Johnson Common Stock 478160104 3157415 19483 SH SOLE 5943 0 13540 Kimberly Clark Corp Common Stock 494368103 2332965 16397 SH SOLE 6933 0 9464 KKR & Co LP Common Stock 48251W104 587610 4500 SH SOLE 0 0 4500 L3Harris Technologies Common Stock 502431109 1290920 5427 SH SOLE 1850 0 3577 Lam Research Corp Common Stock 512807306 8364067 10249 SH SOLE 6460 0 3789 Leidos Holdings Inc Common Stock 525327102 529750 3250 SH SOLE 525 0 2725 Linde PLC SPONS ADR G54950103 6509681 13651 SH SOLE 8017 0 5634 Lockheed Martin Corp Common Stock 539830109 1626830 2783 SH SOLE 768 0 2015 Lowes Companies Inc Common Stock 548661107 2703350 9981 SH SOLE 8131 0 1850 Marvell Technology Group Common Stock 573874104 795844 11035 SH SOLE 2760 0 8275 Mastercard Inc Common Stock 57636Q104 808844 1638 SH SOLE 743 0 895 McDonald's Corp Common Stock 580135101 1968962 6466 SH SOLE 1496 0 4970 McKesson Corp Common Stock 58155Q103 799477 1617 SH SOLE 740 0 877 Merck & Co Inc Common Stock 58933Y105 819903 7220 SH SOLE 2712 0 4508 Meta Platforms Inc Common Stock 30303M102 1102276 1926 SH SOLE 954 0 972 Mettler Toledo Intl Inc Common Stock 592688105 1936113 1291 SH SOLE 619 0 672 Microsoft Corp Common Stock 594918104 17568719 40829 SH SOLE 8848 0 31981 Mondelez International Common Stock 609207105 1523228 20676 SH SOLE 16201 0 4475 Morgan Stanley & Co Common Stock 617446448 2329469 22347 SH SOLE 8538 0 13809 Nextera Energy Common Stock 65339F101 2988727 35357 SH SOLE 26265 0 9092 Nike Inc Common Stock 654106103 2037065 23044 SH SOLE 19269 0 3775 Novo Nordisk ADR 670100205 2640973 22180 SH SOLE 7835 0 14345 Nucor Corp Common Stock 670346105 1083951 7210 SH SOLE 2670 0 4540 Nvidia Corp Common Stock 67066G104 14691917 120981 SH SOLE 98761 0 22220 NXP Semiconductors N.V. Common Stock N6596X109 1609747 6707 SH SOLE 3720 0 2987 Ocugen Inc Common Stock 67577C105 22325 22500 SH SOLE 22500 0 0 Old Dominion Freight Common Stock 679580100 211552 1065 SH SOLE 800 0 265 On Semiconductor Co Common Stock 682189105 227632 3135 SH SOLE 2135 0 1000 Oracle Corp Common Stock 68389X105 1348205 7912 SH SOLE 5450 0 2462 Otis Worldwide Corp Common Stock 68902V107 816657 7857 SH SOLE 1622 0 6235 Paccar Inc Common Stock 693718108 249463 2528 SH SOLE 28 0 2500 Palo Alto Networks Common Stock 697435105 2743629 8027 SH SOLE 4990 0 3037 Parker Hannifin Corp Common Stock 701094104 380987 603 SH SOLE 453 0 150 Paychex Inc Common Stock 704326107 221414 1650 SH SOLE 850 0 800 Pepsico Inc. Common Stock 713448108 2295505 13499 SH SOLE 4315 0 9184 Pfizer Inc. Common Stock 717081103 587424 20298 SH SOLE 15275 0 5023 Philip Morris International Common Stock 718172109 279220 2300 SH SOLE 0 0 2300 PNC Financial Services Group Inc Common Stock 693475105 813895 4403 SH SOLE 1733 0 2670 PPG Industries Inc Common Stock 693506107 264920 2000 SH SOLE 100 0 1900 Procter & Gamble Co. Common Stock 742718109 1196068 6906 SH SOLE 2113 0 4793 Progressive Corp Common Stock 743315103 225085 887 SH SOLE 887 0 0 Prologis Inc Common Stock 74340W103 1384913 10967 SH SOLE 6261 0 4706 Public Service Enterprise Group Common Stock 744573106 258709 2900 SH SOLE 2900 0 0 Ralph Lauren Corp Common Stock 751212101 368353 1900 SH SOLE 100 0 1800 Rockwell Automation Common Stock 773903109 663096 2470 SH SOLE 1625 0 845 RPM International Inc Common Stock 749685103 629200 5200 SH SOLE 300 0 4900 RTX Corp Common Stock 75513E101 4407420 36377 SH SOLE 18973 0 17404 RyanAir Holdings PLC ADR 783513203 967643 21418 SH SOLE 14715 0 6703 Rydex S&P Equal Weight ETF S&P 500 Eq TRD 46137V357 1173979 6553 SH SOLE 5537 0 1016 S&P DEP Receipts Unit SER 1 78462F103 4100609 7147 SH SOLE 2147 0 5000 S&P Global Inc S&P Global 78409V104 4957585 9596 SH SOLE 5586 0 4010 Sarepta Therapeutics Inc Common Stock 803607100 281003 2250 SH SOLE 0 0 2250 Schwab International Equity Fund Schwab ETF 808524805 608855 14807 SH SOLE 7738 0 7069 Schwab US Dividend Equity ETF Schwab ETF 808524797 1270585 15031 SH SOLE 1672 0 13359 Schwab US Small Cap ETF Schwab ETF 808524607 639607 12420 SH SOLE 3800 0 8620 SHELL ADR EACH REP 2 ORD WI ADR 780259305 572578 8682 SH SOLE 5697 0 2985 Sherwin Williams Co Common Stock 824348106 575177 1507 SH SOLE 697 0 810 Shopify Inc Common Stock 82509L107 737929 9208 SH SOLE 5758 0 3450 Skechers USA Inc Common Stock 830566105 687603 10275 SH SOLE 9825 0 450 Southern Company Common Stock 842587107 1088382 12069 SH SOLE 6889 0 5180 SPDR Gold Trust SPDR ETF 78463V107 315978 1300 SH SOLE 300 0 1000 Sportradar Group ADR H8088L103 379661 31351 SH SOLE 13021 0 18330 Starbucks Corp Common Stock 855244109 1289598 13228 SH SOLE 8917 0 4311 Synopsys Inc Common Stock 871607107 2608415 5151 SH SOLE 2951 0 2200 Sysco Corp Common Stock 871829107 438307 5615 SH SOLE 1605 0 4010 T Rowe Price Group Inc Common Stock 74144T108 555761 5102 SH SOLE 2 0 5100 Taiwan Semiconductor Manufacturing ADR Sponsored ADR 874039100 2816233 16216 SH SOLE 6636 0 9580 Target Corporation Common Stock 87612E106 201222 1291 SH SOLE 141 0 1150 Technology Select Sector SPDR Fund SPDR ETF 81369Y803 962866 4265 SH SOLE 1500 0 2765 Teck Resources Ltd Common Stock 878742204 576468 11035 SH SOLE 4275 0 6760 Texas Instruments, Inc. Common Stock 882508104 629006 3045 SH SOLE 900 0 2145 Thermo Fisher Scientific Common Stock 883556102 4800203 7760 SH SOLE 5237 0 2523 TJX Inc Common Stock 872540109 1692576 14400 SH SOLE 4986 0 9414 T-Mobile US Common Stock 872590104 2180225 10565 SH SOLE 8260 0 2305 Tractor Supply Company Common Stock 892356106 3317184 11402 SH SOLE 2507 0 8895 Trane Technologies Plc Common Stock G8994E103 1310020 3370 SH SOLE 1650 0 1720 Trip.com Group Ltd ADR 89677Q107 608504 10239 SH SOLE 4229 0 6010 Uber Technologies Inc Common Stock 90353T100 974224 12962 SH SOLE 6007 0 6955 Ulta Beauty Inc. Common Stock 90384S303 2377912 6111 SH SOLE 3468 0 2643 Union Pacific Corp Common Stock 907818108 3851004 15624 SH SOLE 9631 0 5993 UnitedHealth Group Common Stock 91324P102 1637104 2800 SH SOLE 2028 0 772 Vanguard Dividend Appreciation ETF Vang ETF 921908844 1048145 5292 SH SOLE 1720 0 3572 Vanguard FTSE Dev Mkts ETF Vang ETF 921943858 413599 7832 SH SOLE 1826 0 6006 Vanguard FTSE Emerging Mkt ETF Vang ETF 922042858 390006 8151 SH SOLE 4330 0 3821 Vanguard Mid Cap Growth Vang ETF 922908538 1383883 5684 SH SOLE 0 0 5684 Vanguard Mid Cap Value Vang ETF 922908512 1494934 8916 SH SOLE 29 0 8887 Vanguard Mid-Cap ETF Vang ETF 922908629 517780 1963 SH SOLE 698 0 1265 Vanguard Small Cap Vang ETF 922908595 205896 770 SH SOLE 0 0 770 Vanguard Small Cap Value Vang ETF 922908611 1268698 6319 SH SOLE 2050 0 4269 Vanguard Total Interntl Stk Vang ETF 921909768 1713279 26464 SH SOLE 9007 0 17457 Vanguard Total Stock Market ETF Vang ETF 922908769 2074103 7325 SH SOLE 848 0 6477 Vanguard Value ETF Vang ETF 922908744 235320 1348 SH SOLE 0 0 1348 VERALTO ORD WI Common Stock 92338C103 362428 3240 SH SOLE 2726 0 514 Verizon Communications Common Stock 92343V104 310277 6909 SH SOLE 1798 0 5111 Vertex Pharmaceuticals Common Stock 92532F100 5530266 11891 SH SOLE 6372 0 5519 Vertiv Holdings Co Common Stock 92537N108 1940955 19509 SH SOLE 15060 0 4449 Visa Inc. Common Stock 92826C839 5045851 18352 SH SOLE 12575 0 5777 Vulcan Materials Company Common Stock 929160109 1443479 5764 SH SOLE 0 0 5764 Wal-Mart Stores Inc. Common Stock 931142103 706159 8745 SH SOLE 4620 0 4125 Walt Disney Co Common Stock 254687106 833588 8666 SH SOLE 3721 0 4945 Waste Management Inc Common Stock 94106L109 2416672 11641 SH SOLE 1865 0 9776 Welltower Inc Common Stock 95040Q104 481393 3760 SH SOLE 1210 0 2550 Wynn Resorts Common Stock 983134107 398381 4155 SH SOLE 2080 0 2075 Xylem Inc Common Stock 98419M100 257772 1909 SH SOLE 604 0 1305 Yum! Brands Inc Common Stock 988498101 1130533 8092 SH SOLE 5390 0 2702 Zoetis Inc Common Stock 98978V103 5853242 29958 SH SOLE 16631 0 13327