Beaton Management Co. Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Beaton Management Co. Inc. reported 134 stock positions worth $198.4 million. Its top holding was Nvidia (NVDA) at 4.5% of the portfolio, followed by Apple (AAPL, 3.9%) and Microsoft (MSFT, 3.9%). Compared with Q3 2024, it opened 2 new positions, sold out of 3, added to 13 and reduced 32. The biggest buy was a new position in First Trust Senior Loan ETF (FTSL) and the biggest sale Toronto-Dominion Bank (TD, shares −8%).

Most Recent 13F
Q2 2026
Location
HAVERHILL, MA
CIK
0001714678
Portfolio Value
$198.4M (Q4 2024)
SEC Filing
0001714678-25-000001 ↗ filed Jan 31, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $183.7M Q1 2024 Q2 2024: $186.0M Q2 2024 Q3 2024: $197.7M Q3 2024 Q4 2024: $198.4M $198.4M Q4 2024 Q1 2025: $192.7M Q1 2025 Q2 2025: $204.7M Q2 2025 Q3 2025: $219.9M Q3 2025 Q4 2025: $227.0M Q4 2025 Q1 2026: $224.6M Q1 2026 Q2 2026: $245.4M Q2 2026

Holdings 134 stocks · $198.4M
NVDA Nvidia Corp. 4.51% 66,645 $8.9M Reduce -2.1%
AAPL Apple Inc. 3.95% 31,277 $7.8M Reduce -1.1%
MSFT Microsoft Corp. 3.87% 18,189 $7.7M Reduce -0.8%
AMZN Amazon.com Inc. 3.01% 27,242 $6.0M Reduce -0.4%
META Meta Platforms Inc. Class A 2.74% 9,290 $5.4M No change
JPM JPMorgan Chase & Co. 2.66% 21,992 $5.3M Reduce -0.1%
XOM Exxon Mobil Corp. 2.56% 46,509 $5.1M Add +3.9%
PG The Procter & Gamble Co. 2.43% 28,733 $4.8M Reduce -0.3%
ORLY O'reilly Automotive Inc. 2.41% 4,028 $4.8M No change
LLY Eli Lilly & Co. 2.30% 5,911 $4.6M Add +2.9%
PEP Pepsico Inc. 2.08% 27,098 $4.1M No change
BRK.A Berkshire Hathaway Inc. Class A 2.06% 6 $4.1M No change
TD Toronto-Dominion Bank 2.03% 75,672 $4.0M Reduce -8.3%
CVS CVS Health Corp. 2.02% 8,911 $4.0M Reduce -21.7%
HD Home Depot Inc. 1.87% 9,526 $3.7M Reduce -1.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.83% 82,526 $3.6M Reduce -0.3%
TMO Thermo Fisher Scientific Inc. 1.82% 6,923 $3.6M No change
QQQ Invesco QQQ Trust Series 1 1.79% 6,957 $3.6M Add +0.4%
COST Costco Wholesale Corp. 1.72% 3,730 $3.4M Reduce -6.0%
JNJ Johnson & Johnson 1.60% 21,927 $3.2M Reduce -0.9%
CVX Chevron Corp. 1.55% 21,201 $3.1M No change
GOOGL Alphabet Inc. Class A 1.51% 15,876 $3.0M No change
HON Honeywell International Inc. 1.47% 12,899 $2.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.36% 24,169 $2.7M No change
DE Deere & Co. 1.34% 6,279 $2.7M No change
IWF iShares Russell 1000 Growth 1.25% 6,159 $2.5M No change
RTX RTX Corp. 1.13% 19,396 $2.2M Reduce -0.3%
PM Philip Morris International 1.06% 17,400 $2.1M No change
CAT Caterpillar Inc. 1.03% 5,653 $2.1M No change
MRK Merck & Co. Inc. 0.96% 19,087 $1.9M Reduce -0.4%
ABBV Abbvie Inc. 0.95% 10,550 $1.9M Add +1.1%
STT State Street Corp. 0.88% 17,870 $1.8M Reduce -1.1%
NOC Northrop Grumman Corp. 0.88% 3,736 $1.8M Reduce -1.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.88% 2,989 $1.8M Add +8.7%
V Visa Inc. Class A 0.85% 5,314 $1.7M No change
WMT Walmart Inc. 0.85% 18,557 $1.7M No change
APH Amphenol Corp. Class A 0.83% 23,600 $1.6M No change
GE General Electric filed as GE AEROSPACE 0.80% 9,462 $1.6M No change
TSLA Tesla Inc. 0.79% 3,881 $1.6M No change
LMT Lockheed Martin Corp. 0.79% 3,207 $1.6M No change
RSP Invesco S&P 500 Equal Weight 0.77% 8,707 $1.5M Add +2.4%
BA The Boeing Co. 0.73% 8,209 $1.5M No change
NEE Nextera Energy Inc. 0.71% 19,700 $1.4M No change
VZ Verizon Communications Inc. 0.71% 35,215 $1.4M Add +0.4%
MMM 3M Co. 0.70% 10,825 $1.4M No change
MCD McDonald's Corp. 0.70% 4,801 $1.4M No change
BRK.B Berkshire Hathaway Inc. Class B 0.68% 2,985 $1.4M Reduce -4.6%
NKE Nike Inc. Class B 0.64% 16,748 $1.3M Add +0.3%
LOW Lowe's Cos Inc. 0.63% 5,086 $1.3M No change
KO The Coca-Cola Co. 0.62% 19,886 $1.2M Reduce -0.1%
ADBE Adobe Inc. 0.62% 2,770 $1.2M Add +3.8%
ORCL Oracle Corp. 0.62% 7,369 $1.2M No change
PFE Pfizer Inc. 0.62% 46,150 $1.2M Add +0.3%
BMY Bristol-Myers Squibb Co. 0.60% 21,124 $1.2M Add +3.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.57% 5,114 $1.1M Reduce -4.1%
T AT&T Inc. 0.57% 49,319 $1.1M No change
NOW ServiceNow Inc. 0.55% 1,025 $1.1M No change
GS Goldman Sachs Group Inc. 0.51% 1,750 $1.0M No change
MDLZ Mondelez International Inc. Class A 0.49% 16,557 $979K Reduce -0.8%
FDX FedEx Corp. 0.47% 3,317 $933K No change
AMGN Amgen Inc. 0.46% 3,486 $909K No change
NVS Novartis AG-Sponsored ADR 0.44% 8,873 $863K No change
COP Conocophillips 0.43% 8,551 $848K No change
MA Mastercard Inc. Class A 0.42% 1,582 $833K No change
DDM Proshares Ultra DOW30 0.41% 8,600 $820K Reduce -1.1%
USD Proshares Ultra Semiconduct 0.41% 12,420 $809K No change
CSCO Cisco Systems Inc. 0.40% 13,380 $792K No change
ROK Rockwell Automation Inc. 0.40% 2,768 $791K Reduce -1.8%
LIN Linde PLC 0.40% 1,883 $788K No change
DD Dupont DE Nemours Inc. 0.39% 10,167 $775K No change
UFPT Ufp Technologies Inc. 0.37% 3,000 $734K Reduce -2.8%
CLX Clorox Company 0.37% 4,491 $729K Reduce -18.2%
WEC WEC Energy Group Inc. 0.36% 7,584 $713K No change
WFC Wells Fargo & Co. 0.35% 9,900 $695K No change
CI The Cigna Group 0.34% 2,471 $682K No change
XLI SS Industrial Select Sector 0.34% 5,126 $675K No change
ALL Allstate Corp. 0.33% 3,358 $647K No change
SYY Sysco Corp. 0.30% 7,913 $605K No change
NDAQ Nasdaq Inc. 0.30% 7,800 $603K No change
GIS General Mills Inc. 0.30% 9,354 $597K No change
GNRC Generac Holdings Inc. 0.28% 3,625 $562K No change
GOOG Alphabet Inc. Class C 0.28% 2,927 $557K No change
HCA HCA Healthcare Inc. 0.28% 1,850 $555K No change
IWM iShares Russell 2000 ETF 0.27% 2,445 $540K No change
RS Reliance Inc. 0.27% 2,000 $539K No change
CBRE CBRE Group Inc. Class A 0.27% 4,100 $538K No change
CRM Salesforce Inc. 0.27% 1,575 $527K No change
WAT Waters Corp. 0.26% 1,402 $520K No change
INTC Intel Corp. 0.26% 25,282 $507K Add +8.9%
AMP Ameriprise Financial Inc. 0.24% 910 $485K No change
EMR Emerson Electric Co. 0.24% 3,845 $477K No change
IGM iShares Expanded Tech Sector 0.24% 4,650 $475K No change
KMB Kimberly-Clark Corp. 0.24% 3,591 $471K No change
ABT Abbott Laboratories 0.23% 4,069 $460K Reduce -1.3%
NSC Norfolk Southern Corp. 0.22% 1,880 $441K No change
AWK American Water Works Co. Inc. 0.22% 3,525 $439K No change
CMCSA Comcast Corp. Class A 0.21% 11,346 $426K No change
UNH Unitedhealth Group Inc. 0.21% 831 $420K No change
QTEC First Trust Nasdq 100 Tech I 0.20% 2,150 $405K No change
SHEL Shell PLC-ADR 0.20% 6,450 $404K No change

Show all 134 holdings

Portfolio Sells Q3 2024 → Q4 2024
TD Toronto-Dominion Bank Reduce -8.3% 2.03% −0.61
JNJ Johnson & Johnson Reduce -0.9% 1.60% −0.22
MRK Merck & Co. Inc. Reduce -0.4% 0.96% −0.14
MDLZ Mondelez International Inc. Class A Reduce -0.8% 0.49% −0.13
NOC Northrop Grumman Corp. Reduce -1.3% 0.88% −0.13
MSFT Microsoft Corp. Reduce -0.8% 3.87% −0.12
UFPT Ufp Technologies Inc. Reduce -2.8% 0.37% −0.12
ED Consolidated Edison Inc. Sold out 0.00% −0.12
XHB SS SPDR S&P Homebldrs ETF Sold out 0.00% −0.12
HD Home Depot Inc. Reduce -1.5% 1.87% −0.12
XBI SS SPDR S&P Biotech ETF Sold out 0.00% −0.11
KO The Coca-Cola Co. Reduce -0.1% 0.62% −0.10
PG The Procter & Gamble Co. Reduce -0.3% 2.43% −0.10
CLX Clorox Company Reduce -18.2% 0.37% −0.09
DOW Dow Inc. Reduce -0.2% 0.18% −0.07
RTX RTX Corp. Reduce -0.3% 1.13% −0.06
COST Costco Wholesale Corp. Reduce -6.0% 1.72% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -4.6% 0.68% −0.05
NUE Nucor Corp. Reduce -2.7% 0.11% −0.03
UPS United Parcel Service Class B Reduce -13.2% 0.13% −0.03
IBM Intl Business Machines Corp. Reduce -4.1% 0.57% −0.03
MDT Medtronic PLC Reduce -4.0% 0.11% −0.02
DUK Duke Energy Corp. Reduce -2.9% 0.18% −0.02
FVD First Trust Value Line DVD Reduce -0.1% 0.16% −0.01
DDM Proshares Ultra DOW30 Reduce -1.1% 0.41% −0.01
ABT Abbott Laboratories Reduce -1.3% 0.23% −0.01
C Citigroup Inc. Reduce -0.7% 0.14% +0.01
ROK Rockwell Automation Inc. Reduce -1.8% 0.40% +0.02
STT State Street Corp. Reduce -1.1% 0.88% +0.08
BAC Bank of America Corp. Reduce -0.3% 1.83% +0.17
AAPL Apple Inc. Reduce -1.1% 3.95% +0.22
JPM JPMorgan Chase & Co. Reduce -0.1% 2.66% +0.31
NVDA Nvidia Corp. Reduce -2.1% 4.51% +0.33
AMZN Amazon.com Inc. Reduce -0.4% 3.01% +0.44
CVS CVS Health Corp. Reduce -21.7% 2.02% +1.65

Portfolio Buys Q3 2024 → Q4 2024
FTSL First Trust Senior Loan ETF New 0.20% +0.20
MRVL Marvell Technology Inc. New 0.12% +0.12
SPY SS SPDR S&P 500 ETF Trust-US Add +8.7% 0.88% +0.09
QQQ Invesco QQQ Trust Series 1 Add +0.4% 1.79% +0.08
BMY Bristol-Myers Squibb Co. Add +3.4% 0.60% +0.07
DELL Dell Technologies -C Add +3.6% 0.13% +0.00
RSP Invesco S&P 500 Equal Weight Add +2.4% 0.77% −0.00
INTC Intel Corp. Add +8.9% 0.26% −0.02
PFE Pfizer Inc. Add +0.3% 0.62% −0.06
ADBE Adobe Inc. Add +3.8% 0.62% −0.08
VZ Verizon Communications Inc. Add +0.4% 0.71% −0.09
XOM Exxon Mobil Corp. Add +3.9% 2.56% −0.10
ABBV Abbvie Inc. Add +1.1% 0.95% −0.10
NKE Nike Inc. Class B Add +0.3% 0.64% −0.11
LLY Eli Lilly & Co. Add +2.9% 2.30% −0.27

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 157$245.4MNVDA, AAPL, TD, JPM, LLY
Q1 2026 146$224.6MNVDA, AAPL, XOM, JPM, MSFT
Q4 2025 149$227.0MNVDA, AAPL, MSFT, JPM, LLY
Q3 2025 142$219.9MNVDA, MSFT, AAPL, JPM, META
Q2 2025 135$204.7MNVDA, MSFT, META, JPM, AAPL
Q1 2025 138$192.7MAAPL, NVDA, MSFT, ORLY, JPM
Q4 2024 134$198.4MNVDA, AAPL, MSFT, AMZN, META
Q3 2024 135$197.7MNVDA, MSFT, AAPL, META, XOM
Q2 2024 136$186.0MNVDA, MSFT, AAPL, AMZN, LLY
Q1 2024 136$183.7MMSFT, NVDA, AAPL, XOM, TD