Beaton Management Co. Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Beaton Management Co. Inc. reported 142 stock positions worth $219.9 million. Its top holding was Nvidia (NVDA) at 5.1% of the portfolio, followed by Microsoft (MSFT, 3.9%) and Apple (AAPL, 3.5%). Compared with Q2 2025, it opened 10 new positions, sold out of 3, added to 11 and reduced 47. The biggest buy was Alphabet Class A (GOOGL, shares +3%) and the biggest sale Philip Morris International (PM, shares −1%).

Most Recent 13F
Q2 2026
Location
HAVERHILL, MA
CIK
0001714678
Portfolio Value
$219.9M (Q3 2025)
SEC Filing
0001714678-25-000006 ↗ filed Nov 12, 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 Q4 2024 Q1 2025: $192.7M Q1 2025 Q2 2025: $204.7M Q2 2025 Q3 2025: $219.9M $219.9M Q3 2025 Q4 2025: $227.0M Q4 2025 Q1 2026: $224.6M Q1 2026 Q2 2026: $245.4M Q2 2026

Holdings 142 stocks · $219.9M
NVDA Nvidia Corp. 5.11% 60,285 $11.2M Reduce -0.8%
MSFT Microsoft Corp. 3.88% 16,494 $8.5M Reduce -0.3%
AAPL Apple Inc. 3.52% 30,432 $7.7M Reduce -0.3%
JPM JPMorgan Chase & Co. 3.17% 22,067 $7.0M Add +0.5%
META Meta Platforms Inc. Class A 3.08% 9,212 $6.8M Reduce -0.4%
ORLY O'reilly Automotive Inc. 2.91% 59,420 $6.4M Reduce -1.7%
AMZN Amazon.com Inc. 2.73% 27,292 $6.0M Add +0.6%
XOM Exxon Mobil Corp. 2.24% 43,721 $4.9M Reduce -1.4%
TD Toronto-Dominion Bank 2.24% 61,526 $4.9M Reduce -10.7%
BRK.A Berkshire Hathaway Inc. Class A 2.06% 6 $4.5M No change
LLY Eli Lilly & Co. 2.06% 5,931 $4.5M Add +0.3%
PG The Procter & Gamble Co. 1.96% 28,094 $4.3M Reduce -1.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.91% 81,488 $4.2M No change
QQQ Invesco QQQ Trust Series 1 1.86% 6,815 $4.1M Reduce -2.7%
JNJ Johnson & Johnson 1.82% 21,542 $4.0M No change
GOOGL Alphabet Inc. Class A 1.81% 16,396 $4.0M Add +2.8%
HD Home Depot Inc. 1.71% 9,302 $3.8M Reduce -0.3%
PEP Pepsico Inc. 1.65% 25,908 $3.6M Reduce -0.6%
CVX Chevron Corp. 1.56% 22,031 $3.4M Reduce -2.5%
COST Costco Wholesale Corp. 1.54% 3,655 $3.4M Reduce -0.7%
TMO Thermo Fisher Scientific Inc. 1.52% 6,903 $3.3M No change
RTX RTX Corp. 1.49% 19,602 $3.3M Reduce -0.5%
APH Amphenol Corp. Class A 1.33% 23,600 $2.9M No change
DE Deere & Co. 1.30% 6,236 $2.9M Reduce -0.3%
GE General Electric filed as GE AEROSPACE 1.29% 9,405 $2.8M No change
IWF iShares Russell 1000 Growth 1.28% 6,024 $2.8M Reduce -0.2%
PM Philip Morris International 1.26% 17,050 $2.8M Reduce -0.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.23% 23,705 $2.7M Add +0.4%
HON Honeywell International Inc. 1.23% 12,803 $2.7M Reduce -1.0%
CAT Caterpillar Inc. 1.22% 5,603 $2.7M No change
ABBV Abbvie Inc. 1.10% 10,428 $2.4M Add +0.0%
NOC Northrop Grumman Corp. 1.02% 3,686 $2.2M Reduce -0.7%
STT State Street Corp. 0.94% 17,770 $2.1M Reduce -0.6%
ORCL Oracle Corp. 0.92% 7,219 $2.0M Reduce -1.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.88% 2,905 $1.9M No change
WMT Walmart Inc. 0.85% 18,107 $1.9M No change
BA The Boeing Co. 0.84% 8,584 $1.9M No change
MRK Merck & Co. Inc. 0.84% 22,037 $1.9M Add +7.6%
TSLA Tesla Inc. 0.82% 4,062 $1.8M Reduce -0.5%
MMM 3M Co. 0.81% 11,475 $1.8M No change
V Visa Inc. Class A 0.81% 5,214 $1.8M Reduce -1.9%
LMT Lockheed Martin Corp. 0.72% 3,158 $1.6M Reduce -1.5%
RSP Invesco S&P 500 Equal Weight 0.71% 8,249 $1.6M Reduce -0.1%
VZ Verizon Communications Inc. 0.71% 35,308 $1.6M No change
NEE Nextera Energy Inc. 0.68% 19,700 $1.5M No change
MCD McDonald's Corp. 0.66% 4,751 $1.4M No change
BRK.B Berkshire Hathaway Inc. Class B 0.65% 2,853 $1.4M Reduce -2.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.64% 5,014 $1.4M No change
GS Goldman Sachs Group Inc. 0.63% 1,750 $1.4M No change
KO The Coca-Cola Co. 0.60% 19,881 $1.3M No change
T AT&T Inc. 0.59% 46,304 $1.3M Reduce -6.1%
USD Proshares Ultra Semiconduct 0.57% 12,720 $1.3M No change
LOW Lowe's Cos Inc. 0.56% 4,886 $1.2M Reduce -3.9%
PFE Pfizer Inc. 0.56% 48,190 $1.2M Reduce -0.5%
NVS Novartis AG-Sponsored ADR 0.52% 8,873 $1.1M No change
NKE Nike Inc. Class B 0.49% 15,596 $1.1M Add +1.8%
BMY Bristol-Myers Squibb Co. 0.46% 22,669 $1.0M Add +1.1%
MDLZ Mondelez International Inc. Class A 0.44% 15,507 $969K Reduce -5.2%
ROK Rockwell Automation Inc. 0.44% 2,768 $967K No change
NOW ServiceNow Inc. 0.44% 1,050 $966K No change
AMGN Amgen Inc. 0.44% 3,409 $962K Reduce -1.5%
ADBE Adobe Inc. 0.44% 2,719 $959K Reduce -0.9%
CSCO Cisco Systems Inc. 0.44% 14,006 $958K No change
DDM Proshares Ultra DOW30 0.42% 8,550 $917K No change
MA Mastercard Inc. Class A 0.41% 1,582 $900K No change
LIN Linde PLC 0.41% 1,883 $894K No change
WEC WEC Energy Group Inc. 0.40% 7,584 $869K No change
WFC Wells Fargo & Co. 0.38% 9,850 $826K Reduce -0.5%
INTC Intel Corp. 0.37% 23,982 $805K No change
XLI SS Industrial Select Sector 0.36% 5,126 $791K No change
HCA HCA Healthcare Inc. 0.36% 1,850 $788K No change
DD Dupont DE Nemours Inc. 0.35% 9,999 $779K Reduce -0.7%
COP Conocophillips 0.35% 8,214 $777K Reduce -1.3%
FDX FedEx Corp. 0.33% 3,117 $735K Reduce -3.1%
CI The Cigna Group 0.32% 2,469 $712K Reduce -0.1%
NDAQ Nasdaq Inc. 0.31% 7,800 $690K No change
ALL Allstate Corp. 0.31% 3,174 $681K No change
CBRE CBRE Group Inc. Class A 0.29% 4,100 $646K No change
GOOG Alphabet Inc. Class C 0.29% 2,622 $639K Reduce -8.1%
SYY Sysco Corp. 0.29% 7,613 $627K Reduce -2.6%
GNRC Generac Holdings Inc. 0.28% 3,625 $607K No change
IWM iShares Russell 2000 ETF 0.27% 2,445 $592K No change
UFPT Ufp Technologies Inc. 0.27% 2,950 $589K Reduce -1.7%
IGM iShares Expanded Tech Sector 0.27% 4,650 $586K No change
CVS CVS Health Corp. 0.26% 7,541 $569K Reduce -1.3%
NSC Norfolk Southern Corp. 0.26% 1,880 $565K No change
RS Reliance Inc. 0.26% 2,000 $562K No change
ABT Abbott Laboratories 0.25% 4,119 $552K No change
TEL Te Connectivity PLC 0.24% 2,436 $535K No change
EMR Emerson Electric Co. 0.23% 3,845 $504K No change
QTEC First Trust Nasdq 100 Tech I 0.22% 2,150 $494K No change
AWK American Water Works Co. Inc. 0.22% 3,525 $491K No change
SHEL Shell PLC-ADR 0.21% 6,450 $461K No change
AMP Ameriprise Financial Inc. 0.20% 910 $447K No change
NFLX Netflix Inc. 0.20% 373 $447K No change
ETN Eaton Corp. PLC 0.20% 1,179 $441K Add +11.9%
KMB Kimberly-Clark Corp. 0.20% 3,516 $437K Reduce -2.1%
FTSL First Trust Senior Loan ETF 0.20% 9,450 $433K Add +5.6%
C Citigroup Inc. 0.18% 3,866 $392K No change
DUK Duke Energy Corp. 0.18% 3,171 $392K No change
WAT Waters Corp. 0.18% 1,300 $390K Reduce -0.1%
PSX Phillips 66 0.18% 2,863 $389K No change
PWR Quanta Services Inc. 0.17% 900 $373K No change
CMCSA Comcast Corp. Class A 0.16% 11,346 $356K No change
GIS General Mills Inc. 0.16% 6,838 $345K Reduce -8.1%
FVD First Trust Value Line DVD 0.15% 7,294 $337K No change
YUM Yum! Brands Inc. 0.15% 2,219 $337K No change
AEP American Electric Power 0.15% 2,934 $330K No change
CRM Salesforce Inc. 0.15% 1,385 $328K Reduce -6.7%
APD Air Products & Chemicals Inc. 0.15% 1,169 $319K No change
BABA Alibaba Group Holding-SP ADR 0.14% 1,755 $314K New
UNH Unitedhealth Group Inc. 0.14% 904 $312K Reduce -2.9%
DELL Dell Technologies -C 0.14% 2,143 $304K No change
SBCF Seacoast Banking Corp. 0.14% 10,000 $304K No change
VIG Vanguard Dividend Apprec ETF 0.14% 1,389 $300K New
IJH iShares Core S&P Midcap ETF 0.13% 4,530 $296K No change
F Ford Motor Co. filed as FORD MTR CO 0.13% 23,562 $282K No change
GM General Motors Co. 0.12% 4,480 $273K No change
PH Parker Hannifin Corp. 0.12% 351 $266K No change
LITE Lumentum Holdings Inc. 0.12% 1,620 $264K New
ADP Automatic Data Processing 0.12% 896 $263K No change
TXN Texas Instruments Inc. 0.12% 1,415 $260K No change
HSY The Hershey Co. 0.12% 1,384 $259K No change
PHO Invesco Water Resources ETF 0.12% 3,530 $255K No change
IVW iShares S&P 500 Growth ETF 0.11% 2,080 $251K New
MDT Medtronic PLC 0.11% 2,638 $251K No change
VMC Vulcan Materials Co. 0.11% 812 $250K No change
EXR Extra Space Storage Inc. 0.11% 1,750 $247K No change
NUE Nucor Corp. 0.11% 1,800 $244K No change
IJR iShares Core S&P Small-Cap E 0.11% 2,039 $242K Reduce -5.8%
CL Colgate-Palmolive Co. 0.11% 3,019 $241K No change
PEG Public Service Enterprise GP 0.11% 2,792 $233K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.11% 2,125 $232K New
IJT iShares S&P Small-Cap 600 GR 0.11% 1,640 $232K No change
CTVA Corteva Inc. 0.10% 3,390 $229K No change
CSX CSX Corp. 0.10% 6,315 $224K No change
ED Consolidated Edison Inc. 0.10% 2,223 $223K No change
WBD Warner Bros Discovery Inc. 0.10% 11,140 $218K New
AVGO Broadcom Inc. 0.10% 655 $216K New
XHB SS SPDR S&P Homebldrs ETF 0.10% 1,900 $211K New
VOO Vanguard S&P 500 ETF 0.09% 340 $208K New
XBI SS SPDR S&P Biotech ETF 0.09% 2,050 $205K New

Portfolio Sells Q2 2025 → Q3 2025
PM Philip Morris International Reduce -0.9% 1.26% −0.27
META Meta Platforms Inc. Class A Reduce -0.4% 3.08% −0.26
DE Deere & Co. Reduce -0.3% 1.30% −0.26
PG The Procter & Gamble Co. Reduce -1.1% 1.96% −0.25
HON Honeywell International Inc. Reduce -1.0% 1.23% −0.25
COST Costco Wholesale Corp. Reduce -0.7% 1.54% −0.24
TD Toronto-Dominion Bank Reduce -10.7% 2.24% −0.23
KKR KKR & Co. Inc. Sold out 0.00% −0.14
MSFT Microsoft Corp. Reduce -0.3% 3.88% −0.13
V Visa Inc. Class A Reduce -1.9% 0.81% −0.11
DVA Davita Inc. Sold out 0.00% −0.10
T AT&T Inc. Reduce -6.1% 0.59% −0.10
UNM Unum Group Sold out 0.00% −0.10
MDLZ Mondelez International Inc. Class A Reduce -5.2% 0.44% −0.10
XOM Exxon Mobil Corp. Reduce -1.4% 2.24% −0.09
UFPT Ufp Technologies Inc. Reduce -1.7% 0.27% −0.09
ADBE Adobe Inc. Reduce -0.9% 0.44% −0.08
CI The Cigna Group Reduce -0.1% 0.32% −0.08
CRM Salesforce Inc. Reduce -6.7% 0.15% −0.05
WAT Waters Corp. Reduce -0.1% 0.18% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.6% 0.65% −0.04
AMGN Amgen Inc. Reduce -1.5% 0.44% −0.03
GIS General Mills Inc. Reduce -8.1% 0.16% −0.03
KMB Kimberly-Clark Corp. Reduce -2.1% 0.20% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -2.7% 1.86% −0.03
PEP Pepsico Inc. Reduce -0.6% 1.65% −0.03
CVX Chevron Corp. Reduce -2.5% 1.56% −0.03
FDX FedEx Corp. Reduce -3.1% 0.33% −0.02
RSP Invesco S&P 500 Equal Weight Reduce -0.1% 0.71% −0.02
PFE Pfizer Inc. Reduce -0.5% 0.56% −0.02
WFC Wells Fargo & Co. Reduce -0.5% 0.38% −0.01
COP Conocophillips Reduce -1.3% 0.35% −0.01
LMT Lockheed Martin Corp. Reduce -1.5% 0.72% −0.01
IJR iShares Core S&P Small-Cap E Reduce -5.8% 0.11% −0.01
SYY Sysco Corp. Reduce -2.6% 0.29% −0.00
UNH Unitedhealth Group Inc. Reduce -2.9% 0.14% +0.00
CVS CVS Health Corp. Reduce -1.3% 0.26% +0.00
LOW Lowe's Cos Inc. Reduce -3.9% 0.56% +0.01
STT State Street Corp. Reduce -0.6% 0.94% +0.01
DD Dupont DE Nemours Inc. Reduce -0.7% 0.35% +0.02
IWF iShares Russell 1000 Growth Reduce -0.2% 1.28% +0.03
HD Home Depot Inc. Reduce -0.3% 1.71% +0.04
GOOG Alphabet Inc. Class C Reduce -8.1% 0.29% +0.04
RTX RTX Corp. Reduce -0.5% 1.49% +0.09
NOC Northrop Grumman Corp. Reduce -0.7% 1.02% +0.12
ORCL Oracle Corp. Reduce -1.4% 0.92% +0.14
TSLA Tesla Inc. Reduce -0.5% 0.82% +0.19
ORLY O'reilly Automotive Inc. Reduce -1.7% 2.91% +0.25
NVDA Nvidia Corp. Reduce -0.8% 5.11% +0.42
AAPL Apple Inc. Reduce -0.3% 3.52% +0.46

Portfolio Buys Q2 2025 → Q3 2025
GOOGL Alphabet Inc. Class A Add +2.8% 1.81% +0.44
ABBV Abbvie Inc. Add +0.0% 1.10% +0.15
BABA Alibaba Group Holding-SP ADR New 0.14% +0.14
VIG Vanguard Dividend Apprec ETF New 0.14% +0.14
LITE Lumentum Holdings Inc. New 0.12% +0.12
IVW iShares S&P 500 Growth ETF New 0.11% +0.11
BNY Bank of New York Mellon Corp. New 0.11% +0.11
WBD Warner Bros Discovery Inc. New 0.10% +0.10
AVGO Broadcom Inc. New 0.10% +0.10
XHB SS SPDR S&P Homebldrs ETF New 0.10% +0.10
VOO Vanguard S&P 500 ETF New 0.09% +0.09
XBI SS SPDR S&P Biotech ETF New 0.09% +0.09
JPM JPMorgan Chase & Co. Add +0.5% 3.17% +0.05
MRK Merck & Co. Inc. Add +7.6% 0.84% +0.05
ETN Eaton Corp. PLC Add +11.9% 0.20% +0.02
FTSL First Trust Senior Loan ETF Add +5.6% 0.20% −0.00
NKE Nike Inc. Class B Add +1.8% 0.49% −0.04
BMY Bristol-Myers Squibb Co. Add +1.1% 0.46% −0.04
AMZN Amazon.com Inc. Add +0.6% 2.73% −0.18
LLY Eli Lilly & Co. Add +0.3% 2.06% −0.19
DIS The Walt Disney Co. Add +0.4% 1.23% −0.20

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