Baxter Bros Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Baxter Bros Inc. reported 163 stock positions worth $865.1 million. Its top holding was Microsoft (MSFT) at 8.0% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 7.9%) and Intuit (INTU, 4.7%). Compared with Q2 2025, it opened 20 new positions, sold out of 8, added to 38 and reduced 78. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale Visa Class A (V, shares −2%).

Most Recent 13F
Q2 2026
Location
RIVERSIDE, CT
CIK
0001096783
Portfolio Value
$865.1M (Q3 2025)
SEC Filing
0001096783-25-000005 ↗ filed Oct 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $779.5M Q1 2024 Q2 2024: $764.0M Q2 2024 Q3 2024: $769.2M Q3 2024 Q4 2024: $764.5M Q4 2024 Q1 2025: $759.2M Q1 2025 Q2 2025: $817.6M Q2 2025 Q3 2025: $865.1M $865.1M Q3 2025 Q4 2025: $864.2M Q4 2025 Q1 2026: $810.1M Q1 2026 Q2 2026: $864.3M Q2 2026

Holdings 163 stocks · $865.1M
MSFT Microsoft Corp. 7.97% 133,161 $69.0M Reduce -1.1%
BRK.B Berkshire Hathaway Inc. Class B 7.92% 136,344 $68.5M Reduce -1.3%
INTU Intuit Inc. 4.73% 59,859 $40.9M Add +0.4%
GOOG Alphabet Inc. Class C 3.88% 137,719 $33.5M Reduce -3.2%
V Visa Inc. Class A 3.79% 96,062 $32.8M Reduce -2.2%
XOM Exxon Mobil Corp. 3.61% 277,058 $31.2M Add +0.9%
META Meta Platforms Inc. Class A 3.28% 38,587 $28.3M Add +2.1%
AXP American Express Co. 3.11% 81,038 $26.9M Reduce -2.6%
GOOGL Alphabet Inc. Class A 3.00% 106,835 $26.0M Add +0.8%
JPM JPMorgan Chase & Co. 2.88% 79,111 $25.0M Add +3.7%
ADP Automatic Data Processing 2.82% 83,049 $24.4M Add +5.0%
UNP Union Pacific Corp. 2.65% 96,924 $22.9M Reduce -5.7%
MA Mastercard Inc. Class A 2.10% 31,877 $18.1M Reduce -2.1%
QCOM Qualcomm Inc. 2.03% 105,734 $17.6M Reduce -4.1%
RTX RTX Corp. 1.92% 99,123 $16.6M Add +1.3%
AMZN Amazon.com Inc. 1.79% 70,378 $15.5M Add +6.9%
MS Morgan Stanley 1.78% 96,778 $15.4M Add +1.2%
NFLX Netflix Inc. 1.75% 12,599 $15.1M Add +1.3%
PG The Procter & Gamble Co. 1.57% 88,263 $13.6M Reduce -2.6%
GE General Electric filed as GE AEROSPACE 1.49% 42,845 $12.9M Reduce -0.2%
PAYX Paychex Inc. 1.45% 98,691 $12.5M Reduce -1.2%
GS Goldman Sachs Group Inc. 1.40% 15,192 $12.1M Reduce -0.8%
CVX Chevron Corp. 1.32% 73,472 $11.4M Add +0.5%
SCHW Schwab (charles) Corp. 1.31% 119,036 $11.4M Add +17.9%
TMO Thermo Fisher Scientific Inc. 1.16% 20,637 $10.0M Reduce -2.1%
HON Honeywell International Inc. 1.04% 42,750 $9.0M Add +19.6%
WFC Wells Fargo & Co. 1.02% 105,187 $8.8M Reduce -2.5%
VIGI Vanguard Int Div App Indx FD 0.98% 94,939 $8.5M Add +17.0%
JNJ Johnson & Johnson 0.91% 42,519 $7.9M Add +0.8%
HD Home Depot Inc. 0.89% 18,905 $7.7M Reduce -20.2%
SHW The Sherwin-Williams Co. 0.83% 20,845 $7.2M Reduce -1.6%
AAPL Apple Inc. 0.80% 27,277 $6.9M Add +38.9%
KO The Coca-Cola Co. 0.77% 100,508 $6.7M Reduce -3.2%
GEV GE Vernova Inc. 0.74% 10,376 $6.4M Reduce -0.1%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.71% 80,144 $6.1M Reduce -3.4%
NSC Norfolk Southern Corp. 0.64% 18,425 $5.5M Reduce -2.9%
TXN Texas Instruments Inc. 0.62% 29,100 $5.3M Reduce -3.6%
COST Costco Wholesale Corp. 0.59% 5,512 $5.1M Add +16.3%
CMCSA Comcast Corp. Class A 0.56% 154,485 $4.9M Reduce -11.8%
LHX L3HARRIS Technologies Inc. 0.56% 15,798 $4.8M Reduce -4.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.51% 38,197 $4.4M Reduce -11.0%
FISV Fiserv Inc. 0.50% 33,824 $4.4M Reduce -6.4%
APD Air Products & Chemicals Inc. 0.46% 14,691 $4.0M Reduce -17.8%
BX Blackstone Inc. 0.46% 23,342 $4.0M Add +28.7%
LLY Eli Lilly & Co. 0.46% 5,176 $3.9M Add +319.4%
CB Chubb Ltd. 0.45% 13,880 $3.9M Add +81.2%
UBER Uber Technologies Inc. 0.45% 39,887 $3.9M Reduce -2.8%
DHI D.R. Horton Inc. 0.45% 22,928 $3.9M Add +1.9%
BLK BlackRock Inc. 0.45% 3,309 $3.9M Add +13.3%
MMM 3M Co. 0.43% 24,036 $3.7M Reduce -7.2%
TRP TC Energy Corp. 0.42% 66,155 $3.6M Reduce -4.8%
EW Edwards Lifesciences Corp. 0.41% 45,536 $3.5M Reduce -7.4%
CSX CSX Corp. 0.40% 98,284 $3.5M Add +0.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.40% 31,405 $3.4M Reduce -1.4%
TXT Textron Inc. 0.39% 39,865 $3.4M Add +45.8%
MKL Markel Group Inc. 0.39% 1,758 $3.4M Add +176.0%
PSX Phillips 66 0.39% 24,665 $3.4M Reduce -5.4%
LMT Lockheed Martin Corp. 0.36% 6,177 $3.1M Reduce -0.3%
MAR Marriott International Class A 0.35% 11,712 $3.1M Add +6.8%
BRK.A Berkshire Hathaway Inc. Class A 0.35% 4 $3.0M No change
KMI Kinder Morgan Inc. 0.28% 86,371 $2.4M Add +1.6%
SYY Sysco Corp. 0.26% 27,540 $2.3M Reduce -3.1%
TSM Taiwan Semiconductor-SP ADR 0.26% 7,962 $2.2M Add +20.9%
GLD SPDR Gold Shares 0.25% 6,080 $2.2M Reduce -6.5%
IWM iShares Russell 2000 ETF 0.25% 8,774 $2.1M New
MCD McDonald's Corp. 0.24% 6,906 $2.1M Reduce -6.6%
FDX FedEx Corp. 0.24% 8,887 $2.1M Reduce -7.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.23% 39,229 $2.0M Reduce -2.8%
EXPD Expeditors Intl Wash Inc. 0.23% 15,875 $1.9M Reduce -2.9%
ETN Eaton Corp. PLC 0.22% 5,181 $1.9M Reduce -1.9%
PEP Pepsico Inc. 0.21% 12,940 $1.8M Reduce -2.2%
CTAS Cintas Corp. 0.21% 8,842 $1.8M Add +118.8%
BKR Baker Hughes Co. 0.20% 35,805 $1.7M Reduce -17.9%
VIG Vanguard Dividend Apprec ETF 0.18% 7,308 $1.6M Add +9.3%
PANW Palo Alto Networks Inc. 0.17% 7,352 $1.5M New
VEA Vanguard Ftse Developed ETF 0.17% 24,518 $1.5M New
NVDA Nvidia Corp. 0.16% 7,511 $1.4M Reduce -5.2%
PFE Pfizer Inc. 0.16% 54,437 $1.4M Reduce -2.1%
CL Colgate-Palmolive Co. 0.15% 16,559 $1.3M Reduce -10.2%
ALL Allstate Corp. 0.15% 5,884 $1.3M No change
QQQ Invesco QQQ Trust Series 1 0.14% 2,066 $1.2M Reduce -0.1%
DE Deere & Co. 0.14% 2,685 $1.2M Reduce -11.5%
TNET Trinet Group Inc. 0.14% 18,065 $1.2M No change
SYK Stryker Corp. 0.13% 2,978 $1.1M Reduce -6.5%
IDXX Idexx Laboratories Inc. 0.13% 1,710 $1.1M No change
GEHC GE Healthcare Technology 0.13% 14,420 $1.1M Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.12% 1,571 $1.0M No change
PM Philip Morris International 0.12% 6,388 $1.0M Add +80.5%
SLM SLM Corp. 0.12% 35,980 $996K New
INTC Intel Corp. 0.11% 29,350 $985K Reduce -41.9%
LOW Lowe's Cos Inc. 0.11% 3,785 $951K Add +121.3%
VTI VG Morningstar TS MKT ETF-US 0.11% 2,801 $919K Reduce -54.6%
VWO Vanguard Ftse Emerging Marke 0.10% 16,719 $906K New
CTVA Corteva Inc. 0.10% 13,284 $898K Reduce -0.5%
AZO AutoZone Inc. 0.10% 200 $858K No change
MRK Merck & Co. Inc. 0.10% 9,927 $833K Reduce -6.1%
T AT&T Inc. 0.09% 27,826 $786K Reduce -3.0%
FCX Freeport-McMoran Inc. 0.09% 19,852 $779K Reduce -16.8%
COP Conocophillips 0.09% 8,152 $771K Add +87.5%
CNI Canadian Natl Railway Co. 0.09% 7,821 $738K Add +11.7%
UPS United Parcel Service Class B 0.08% 8,783 $734K Reduce -16.6%
AVGO Broadcom Inc. 0.08% 1,986 $655K Reduce -13.3%
CSCO Cisco Systems Inc. 0.07% 9,108 $623K Reduce -1.9%
AMGN Amgen Inc. 0.07% 2,196 $620K Reduce -4.4%
MDY State Street SPDR S&P Midcap 0.07% 1,023 $610K No change
VRTX Vertex Pharmaceuticals Inc. 0.07% 1,549 $607K Add +7.5%
RKLB Rocket Lab Corp. 0.07% 12,438 $596K Add +24.4%
VVV Valvoline Inc. 0.07% 15,880 $570K No change
PBA Pembina Pipeline Corp. 0.06% 13,600 $550K No change
CHTR Charter Communications Inc. Class A 0.06% 1,982 $545K Add +5.8%
EMR Emerson Electric Co. 0.06% 4,150 $544K No change
TOST Toast Inc. Class A 0.06% 14,495 $529K New
BP BP PLC-Spons ADR 0.06% 14,472 $499K Reduce -0.6%
IVV iShares Core S&P 500 ETF 0.06% 735 $492K Reduce -4.0%
NEM Newmont Corp. 0.06% 5,685 $479K Reduce -0.6%
BMY Bristol-Myers Squibb Co. 0.05% 10,401 $469K Reduce -12.6%
EWBC East West Bancorp Inc. 0.05% 4,400 $468K New
ORCL Oracle Corp. 0.05% 1,660 $467K Reduce -18.2%
DD Dupont DE Nemours Inc. 0.05% 5,894 $459K Reduce -4.0%
MCO Moody's Corp. 0.05% 949 $452K Reduce -1.0%
ACN Accenture PLC Class A 0.05% 1,725 $425K New
DVN Devon Energy Corp. 0.05% 12,015 $421K Reduce -32.3%
RSP Invesco S&P 500 Equal Weight 0.05% 2,154 $409K No change
VZ Verizon Communications Inc. 0.05% 9,198 $404K Add +10.8%
BSX Boston Scientific Corp. 0.05% 4,110 $401K No change
IWN iShares Russell 2000 Value E 0.04% 2,175 $385K No change
CRM Salesforce Inc. 0.04% 1,456 $345K Reduce -37.1%
IBB iShares Biotechnology ETF 0.04% 2,372 $342K New
DPZ Domino's Pizza Inc. 0.04% 787 $340K No change
AMT American Tower Corp. 0.04% 1,750 $337K New
EOG EOG Resources Inc. 0.04% 3,000 $336K No change
MCHP Microchip Technology Inc. 0.04% 5,200 $334K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.04% 2,290 $331K No change
WAB Wabtec Corp. 0.04% 1,602 $321K Reduce -5.9%
CAT Caterpillar Inc. 0.04% 670 $320K Reduce -0.1%
VEU Vanguard Ftse All-World Ex-U 0.04% 4,478 $320K Reduce -1.5%
SOLV Solventum Corp. 0.04% 4,344 $317K Reduce -4.2%
MDT Medtronic PLC 0.04% 3,325 $317K Reduce -1.9%
CHD Church & Dwight Co. Inc. 0.04% 3,540 $310K Reduce -6.3%
NKE Nike Inc. Class B 0.04% 4,440 $310K No change
UNH Unitedhealth Group Inc. 0.04% 895 $309K New
CHKP Check Point Software Tech 0.04% 1,475 $305K No change
ELV Elevance Health Inc. 0.03% 921 $298K New
MO Altria Group Inc. 0.03% 4,400 $291K No change
IWO iShares Russell 2000 Growth 0.03% 900 $288K No change
KTOS Kratos Defense & Security 0.03% 3,000 $274K New
TRV The Travelers Cos Inc. 0.03% 971 $271K No change
LNT Alliant Energy Corp. 0.03% 4,007 $270K No change
WBD Warner Bros Discovery Inc. 0.03% 13,390 $262K Reduce -47.0%
ABT Abbott Laboratories 0.03% 1,927 $258K No change
CROX Crocs Inc. 0.03% 2,992 $250K No change
OXY Occidental Petroleum Corp. 0.03% 5,155 $244K Reduce -5.5%
SRE Sempra 0.03% 2,700 $243K Reduce -3.6%
AEM Agnico Eagle Mines Ltd. 0.03% 1,415 $239K New
IWF iShares Russell 1000 Growth 0.03% 505 $237K No change
COF Capital One Financial Corp. 0.03% 1,064 $226K No change
ADBE Adobe Inc. 0.02% 611 $216K Reduce -60.6%
C Citigroup Inc. 0.02% 2,086 $212K New
SCHG Schwab US Large-Cap Growth 0.02% 6,500 $207K New
LEN Lennar Corp. Class A 0.02% 1,601 $202K New
IGV iShares Expanded Tech-Softwa 0.02% 1,740 $200K New
STEX Streamex Corp. 0.01% 12,500 $72K New
SKYX SKYX Platforms Corp. 0.00% 22,500 $25K No change

Portfolio Sells Q2 2025 → Q3 2025
V Visa Inc. Class A Reduce -2.2% 3.79% −0.47
PAYX Paychex Inc. Reduce -1.2% 1.45% −0.33
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.3% 7.92% −0.28
FISV Fiserv Inc. Reduce -6.4% 0.50% −0.26
UNP Union Pacific Corp. Reduce -5.7% 2.65% −0.24
MSFT Microsoft Corp. Reduce -1.1% 7.97% −0.22
CMCSA Comcast Corp. Class A Reduce -11.8% 0.56% −0.20
PG The Procter & Gamble Co. Reduce -2.6% 1.57% −0.20
HD Home Depot Inc. Reduce -20.2% 0.89% −0.18
APD Air Products & Chemicals Inc. Reduce -17.8% 0.46% −0.15
TXN Texas Instruments Inc. Reduce -3.6% 0.62% −0.15
DIS The Walt Disney Co. Reduce -11.0% 0.51% −0.15
VOO Vanguard S&P 500 ETF Sold out 0.00% −0.14
MA Mastercard Inc. Class A Reduce -2.1% 2.10% −0.14
AXP American Express Co. Reduce -2.6% 3.11% −0.13
KO The Coca-Cola Co. Reduce -3.2% 0.77% −0.13
VTI VG Morningstar TS MKT ETF-US Reduce -54.6% 0.11% −0.12
QCOM Qualcomm Inc. Reduce -4.1% 2.03% −0.11
EW Edwards Lifesciences Corp. Reduce -7.4% 0.41% −0.06
SHW The Sherwin-Williams Co. Reduce -1.6% 0.83% −0.06
CL Colgate-Palmolive Co. Reduce -10.2% 0.15% −0.05
MMM 3M Co. Reduce -7.2% 0.43% −0.05
ADBE Adobe Inc. Reduce -60.6% 0.02% −0.05
DE Deere & Co. Reduce -11.5% 0.14% −0.05
UPS United Parcel Service Class B Reduce -16.6% 0.08% −0.05
WFC Wells Fargo & Co. Reduce -2.5% 1.02% −0.04
CRM Salesforce Inc. Reduce -37.1% 0.04% −0.04
FCX Freeport-McMoran Inc. Reduce -16.8% 0.09% −0.04
WRB WR Berkley Corp. Reduce -3.4% 0.71% −0.04
SLB SLB Ltd. Sold out 0.00% −0.04
SYK Stryker Corp. Reduce -6.5% 0.13% −0.03
CARR Carrier Global Corp. Sold out 0.00% −0.03
INTC Intel Corp. Reduce -41.9% 0.11% −0.02
FDX FedEx Corp. Reduce -7.4% 0.24% −0.02
OLED Universal Display Corp. Sold out 0.00% −0.02
MCD McDonald's Corp. Reduce -6.6% 0.24% −0.02
DVN Devon Energy Corp. Reduce -32.3% 0.05% −0.02
CTVA Corteva Inc. Reduce -0.5% 0.10% −0.02
UBER Uber Technologies Inc. Reduce -2.8% 0.45% −0.02
NVCT Nuvectis Pharma Inc. Sold out 0.00% −0.01
BMY Bristol-Myers Squibb Co. Reduce -12.6% 0.05% −0.01
T AT&T Inc. Reduce -3.0% 0.09% −0.01
CHD Church & Dwight Co. Inc. Reduce -6.3% 0.04% −0.01
AMGN Amgen Inc. Reduce -4.4% 0.07% −0.01
CSCO Cisco Systems Inc. Reduce -1.9% 0.07% −0.01
MCO Moody's Corp. Reduce -1.0% 0.05% −0.01
WAB Wabtec Corp. Reduce -5.9% 0.04% −0.01
ETN Eaton Corp. PLC Reduce -1.9% 0.22% −0.01
EOSE Eos Energy Enterprises Inc. Sold out 0.00% −0.01
GEHC GE Healthcare Technology Reduce -0.5% 0.13% −0.01

Portfolio Buys Q2 2025 → Q3 2025
GOOGL Alphabet Inc. Class A Add +0.8% 3.00% +0.72
LLY Eli Lilly & Co. Add +319.4% 0.46% +0.34
AAPL Apple Inc. Add +38.9% 0.80% +0.31
IWM iShares Russell 2000 ETF New 0.25% +0.25
MKL Markel Group Inc. Add +176.0% 0.39% +0.23
SCHW Schwab (charles) Corp. Add +17.9% 1.31% +0.19
CB Chubb Ltd. Add +81.2% 0.45% +0.18
JPM JPMorgan Chase & Co. Add +3.7% 2.88% +0.18
PANW Palo Alto Networks Inc. New 0.17% +0.17
VEA Vanguard Ftse Developed ETF New 0.17% +0.17
RTX RTX Corp. Add +1.3% 1.92% +0.17
MS Morgan Stanley Add +1.2% 1.78% +0.13
BX Blackstone Inc. Add +28.7% 0.46% +0.13
JNJ Johnson & Johnson Add +0.8% 0.91% +0.12
TXT Textron Inc. Add +45.8% 0.39% +0.12
SLM SLM Corp. New 0.12% +0.12
VWO Vanguard Ftse Emerging Marke New 0.10% +0.10
CTAS Cintas Corp. Add +118.8% 0.21% +0.10
DHI D.R. Horton Inc. Add +1.9% 0.45% +0.09
VIGI Vanguard Int Div App Indx FD Add +17.0% 0.98% +0.09
TSM Taiwan Semiconductor-SP ADR Add +20.9% 0.26% +0.07
BLK BlackRock Inc. Add +13.3% 0.45% +0.07
LOW Lowe's Cos Inc. Add +121.3% 0.11% +0.06
TOST Toast Inc. Class A New 0.06% +0.06
EWBC East West Bancorp Inc. New 0.05% +0.05
ACN Accenture PLC Class A New 0.05% +0.05
COP Conocophillips Add +87.5% 0.09% +0.04
PM Philip Morris International Add +80.5% 0.12% +0.04
IBB iShares Biotechnology ETF New 0.04% +0.04
AMT American Tower Corp. New 0.04% +0.04
MCHP Microchip Technology Inc. New 0.04% +0.04
CVX Chevron Corp. Add +0.5% 1.32% +0.04
UNH Unitedhealth Group Inc. New 0.04% +0.04
ELV Elevance Health Inc. New 0.03% +0.03
KTOS Kratos Defense & Security New 0.03% +0.03
AEM Agnico Eagle Mines Ltd. New 0.03% +0.03
RKLB Rocket Lab Corp. Add +24.4% 0.07% +0.03
C Citigroup Inc. New 0.02% +0.02
SCHG Schwab US Large-Cap Growth New 0.02% +0.02
LEN Lennar Corp. Class A New 0.02% +0.02
IGV iShares Expanded Tech-Softwa New 0.02% +0.02
HON Honeywell International Inc. Add +19.6% 1.04% +0.02
AMZN Amazon.com Inc. Add +6.9% 1.79% +0.02
COST Costco Wholesale Corp. Add +16.3% 0.59% +0.02
VIG Vanguard Dividend Apprec ETF Add +9.3% 0.18% +0.01
CSX CSX Corp. Add +0.0% 0.40% +0.01
STEX Streamex Corp. New 0.01% +0.01
VZ Verizon Communications Inc. Add +10.8% 0.05% +0.00
CNI Canadian Natl Railway Co. Add +11.7% 0.09% −0.00
VRTX Vertex Pharmaceuticals Inc. Add +7.5% 0.07% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 172$864.3MBRK.B, MSFT, GOOG, XOM, GOOGL
Q1 2026 166$810.1MBRK.B, MSFT, XOM, GOOG, V
Q4 2025 165$864.2MBRK.B, MSFT, INTU, GOOG, XOM
Q3 2025 163$865.1MMSFT, BRK.B, INTU, GOOG, V
Q2 2025 151$817.6MBRK.B, MSFT, INTU, V, XOM
Q1 2025 148$759.2MBRK.B, MSFT, INTU, V, XOM
Q4 2024 157$764.5MBRK.B, MSFT, INTU, V, XOM
Q3 2024 155$769.2MBRK.B, MSFT, INTU, XOM, V
Q2 2024 156$764.0MMSFT, BRK.B, INTU, XOM, GOOG
Q1 2024 154$779.5MBRK.B, MSFT, INTU, XOM, V