Boston Financial Mangement LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Boston Financial Mangement LLC reported 335 stock positions worth $3.3 billion. Its top holding was Apple (AAPL) at 5.4% of the portfolio, followed by Watsco (WSO, 4.9%) and Microsoft (MSFT, 4.9%). Compared with Q3 2024, it opened 25 new positions, sold out of 16, added to 158 and reduced 104. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale CDW (CDW, shares −77%).
- Most Recent 13F
- Q4 2024
- Location
- BOSTON, MA
- CIK
- 0001053055
- Portfolio Value
- $3.3B (Q4 2024)
- SEC Filing
- 0001053055-25-000001 ↗ filed Feb 3, 2025
Holdings Value
Holdings 335 stocks · $3.3B
| AAPL Apple Inc. | 5.42% | 716,496 | $179.4M | Add +0.5% |
| WSO Watsco Inc. | 4.91% | 342,412 | $162.3M | Add +0.3% |
| MSFT Microsoft Corp. | 4.90% | 384,474 | $162.1M | Add +0.5% |
| FICO Fair Isaac Corp. | 4.27% | 71,029 | $141.4M | Add +0.5% |
| CPRT Copart Inc. | 3.47% | 2,001,097 | $114.8M | Add +0.6% |
| BR Broadridge Financial Solutio | 2.65% | 387,849 | $87.7M | Add +1.0% |
| V Visa Inc. Class A | 2.48% | 259,276 | $81.9M | Reduce -0.4% |
| MA Mastercard Inc. Class A | 2.14% | 134,136 | $70.6M | Add +0.1% |
| SHW The Sherwin-Williams Co. | 2.07% | 201,062 | $68.3M | Add +0.1% |
| CME Cme Group Inc. | 2.02% | 287,243 | $66.7M | Add +1.7% |
| DGRW Wisdomtree U.S. Quality Divi | 1.92% | 782,957 | $63.4M | Add +1.9% |
| BRO Brown & Brown Inc. | 1.90% | 614,980 | $62.7M | Add +0.3% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.74% | 981,162 | $57.4M | Reduce -0.7% |
| APH Amphenol Corp. Class A | 1.62% | 769,799 | $53.5M | Add +0.8% |
| CCOI Cogent Communications Holdin | 1.39% | 596,821 | $46.0M | Reduce -2.1% |
| FSV Firstservice Corp. | 1.38% | 251,439 | $45.5M | Add +1.9% |
| APD Air Products & Chemicals Inc. | 1.37% | 155,967 | $45.2M | Reduce -0.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.35% | 863,658 | $44.7M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 1.30% | 196,359 | $43.1M | Reduce -1.2% |
| STE Steris PLC | 1.24% | 199,454 | $41.0M | Reduce -1.7% |
| FERG Ferguson Enterprises Inc. | 1.18% | 225,420 | $39.1M | Add +0.8% |
| COST Costco Wholesale Corp. | 1.18% | 42,427 | $38.9M | Reduce -1.4% |
| DHR Danaher Corp. | 1.15% | 165,168 | $37.9M | Add +0.5% |
| VRSN Verisign Inc. | 1.14% | 181,746 | $37.6M | Add +6.6% |
| LMT Lockheed Martin Corp. | 1.09% | 74,173 | $36.0M | Add +0.6% |
| IJH iShares Core S&P Midcap ETF | 1.03% | 547,686 | $34.1M | Reduce -0.8% |
| NXST Nexstar Media Group Inc. | 1.03% | 216,026 | $34.1M | Reduce -4.7% |
| CSL Carlisle Cos Inc. | 1.00% | 89,962 | $33.2M | Add +3.0% |
| AOS Smith (a.o.) Corp. | 0.99% | 481,513 | $32.8M | Reduce -7.5% |
| HEI.A Heico Corp. Class A | 0.99% | 175,698 | $32.7M | Add +0.9% |
| WAT Waters Corp. | 0.94% | 83,707 | $31.1M | Reduce -0.5% |
| RYAN Ryan Specialty Holdings Inc. | 0.92% | 473,916 | $30.4M | Add +4.7% |
| GOOG Alphabet Inc. Class C | 0.90% | 156,489 | $29.8M | Reduce -0.9% |
| ORLY O'reilly Automotive Inc. | 0.90% | 25,058 | $29.7M | Add +0.8% |
| ORI Old Republic Intl Corp. | 0.86% | 785,190 | $28.4M | Add +1.2% |
| PFE Pfizer Inc. | 0.85% | 1,054,464 | $28.0M | Add +33.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.84% | 98,118 | $27.9M | Add +0.9% |
| GOOGL Alphabet Inc. Class A | 0.81% | 141,507 | $26.8M | Add +1.1% |
| IVV iShares Core S&P 500 ETF | 0.79% | 44,362 | $26.1M | Reduce -0.9% |
| USIG iShares Broad Usd Investment | 0.77% | 505,032 | $25.4M | Add +3.3% |
| EFX Equifax Inc. | 0.76% | 98,623 | $25.1M | Reduce -8.3% |
| CRH CRH PLC | 0.76% | 270,768 | $25.1M | Add +1.3% |
| MCO Moody's Corp. | 0.70% | 48,996 | $23.2M | Reduce -5.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.69% | 39,132 | $22.9M | Add +28.6% |
| VGIT Vanguard Intermediate-Term T | 0.69% | 395,290 | $22.9M | Add +1.5% |
| MORN Morningstar Inc. | 0.67% | 65,924 | $22.2M | Add +7.0% |
| VIGI Vanguard Int Div App Indx FD | 0.67% | 276,929 | $22.2M | Add +0.7% |
| ROP Roper Technologies Inc. | 0.67% | 42,465 | $22.1M | Add +0.6% |
| AMT American Tower Corp. | 0.66% | 118,546 | $21.7M | Reduce -18.6% |
| TYL Tyler Technologies Inc. | 0.63% | 36,160 | $20.9M | Reduce -17.3% |
| CACI Caci International Inc. Class A | 0.63% | 51,568 | $20.8M | Reduce -4.7% |
| HD Home Depot Inc. | 0.58% | 49,103 | $19.1M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 0.57% | 78,707 | $18.9M | Add +1.3% |
| IWB iShares Russell 1000 ETF | 0.57% | 58,391 | $18.8M | Reduce -6.0% |
| ROL Rollins Inc. | 0.56% | 401,169 | $18.6M | Add +2.2% |
| MSCI MSCI Inc. | 0.56% | 30,933 | $18.6M | Add +2.2% |
| AVGO Broadcom Inc. | 0.55% | 78,476 | $18.2M | Add +2.4% |
| DGS Wisdomtree Em Small Cap | 0.54% | 366,668 | $17.9M | Add +0.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.54% | 61,872 | $17.9M | Add +102.0% |
| GSIE Goldman Sachs Activebeta Int | 0.51% | 503,037 | $16.8M | Add +1.7% |
| LB Landbridge Co. LLC-A | 0.46% | 236,475 | $15.3M | New |
| IJR iShares Core S&P Small-Cap E | 0.43% | 123,508 | $14.2M | Add +0.3% |
| CHD Church & Dwight Co. Inc. | 0.42% | 132,126 | $13.8M | Reduce -1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 27,747 | $12.6M | Add +0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.38% | 24,446 | $12.5M | Add +42.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.37% | 149,693 | $12.3M | Add +36.4% |
| NDSN Nordson Corp. | 0.36% | 56,428 | $11.8M | Reduce -1.0% |
| META Meta Platforms Inc. Class A | 0.35% | 19,496 | $11.4M | Add +1.5% |
| IT Gartner Inc. | 0.34% | 23,246 | $11.3M | Add +0.9% |
| JNJ Johnson & Johnson | 0.33% | 75,280 | $10.9M | Reduce -0.0% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 19,879 | $10.3M | Reduce -0.8% |
| BLK BlackRock Inc. | 0.31% | 9,915 | $10.2M | Add +2.5% |
| MDY State Street SPDR S&P Midcap | 0.28% | 16,512 | $9.4M | Add +2.0% |
| PG The Procter & Gamble Co. | 0.28% | 54,674 | $9.2M | Add +0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.28% | 46,801 | $9.2M | Add +0.6% |
| MTD Mettler-Toledo International | 0.27% | 7,429 | $9.1M | Add +12.8% |
| ADP Automatic Data Processing | 0.27% | 31,048 | $9.1M | Add +0.4% |
| IEMG iShares Core MSCI Emerging | 0.26% | 164,576 | $8.6M | Add +3.9% |
| MRK Merck & Co. Inc. | 0.24% | 80,341 | $8.0M | Add +3.4% |
| CRM Salesforce Inc. | 0.24% | 23,821 | $8.0M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 0.24% | 35,891 | $7.9M | Add +39.1% |
| ADBE Adobe Inc. | 0.24% | 17,818 | $7.9M | Reduce -3.3% |
| SYK Stryker Corp. | 0.24% | 21,609 | $7.8M | Add +5.7% |
| CDW CDW Corp. | 0.22% | 41,663 | $7.3M | Reduce -77.5% |
| PANW Palo Alto Networks Inc. | 0.22% | 39,565 | $7.2M | Reduce -7.1% |
| NVDA Nvidia Corp. | 0.21% | 51,682 | $6.9M | Add +4.3% |
| NEE Nextera Energy Inc. | 0.21% | 95,819 | $6.9M | Add +0.4% |
| ABT Abbott Laboratories | 0.21% | 60,177 | $6.8M | Reduce -8.3% |
| XOM Exxon Mobil Corp. | 0.20% | 61,987 | $6.7M | Add +20.0% |
| VEA Vanguard Ftse Developed ETF | 0.19% | 134,762 | $6.4M | Reduce -12.5% |
| IWF iShares Russell 1000 Growth | 0.18% | 15,228 | $6.1M | Reduce -2.6% |
| PEP Pepsico Inc. | 0.18% | 39,394 | $6.0M | Add +0.4% |
| ABBV Abbvie Inc. | 0.18% | 32,997 | $5.9M | Add +4.4% |
| INTU Intuit Inc. | 0.17% | 8,977 | $5.6M | Reduce -0.2% |
| EFA iShares MSCI Eafe ETF | 0.17% | 73,323 | $5.5M | Reduce -1.6% |
| CVX Chevron Corp. | 0.17% | 38,119 | $5.5M | Reduce -6.3% |
| ROST Ross Stores Inc. | 0.16% | 35,966 | $5.4M | Reduce -4.3% |
| RTX RTX Corp. | 0.15% | 44,010 | $5.1M | Add +5.4% |
| NOW ServiceNow Inc. | 0.15% | 4,777 | $5.1M | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 0.14% | 173,627 | $4.7M | Reduce -0.5% |
Options reported separately and not counted above: GLD calls ($2.4M), B calls ($620K).
Portfolio Sells Q3 2024 → Q4 2024
| CDW CDW Corp. | Reduce -77.5% | 0.22% | −1.03 |
| SITE Siteone Landscape Supply Inc. | Sold out | 0.00% | −0.41 |
| AOS Smith (a.o.) Corp. | Reduce -7.5% | 0.99% | −0.40 |
| AMT American Tower Corp. | Reduce -18.6% | 0.66% | −0.35 |
| STE Steris PLC | Reduce -1.7% | 1.24% | −0.23 |
| CACI Caci International Inc. Class A | Reduce -4.7% | 0.63% | −0.18 |
| EFX Equifax Inc. | Reduce -8.3% | 0.76% | −0.18 |
| TYL Tyler Technologies Inc. | Reduce -17.3% | 0.63% | −0.13 |
| NDSN Nordson Corp. | Reduce -1.0% | 0.36% | −0.09 |
| NXST Nexstar Media Group Inc. | Reduce -4.7% | 1.03% | −0.09 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.8% | 0.31% | −0.06 |
| VEA Vanguard Ftse Developed ETF | Reduce -12.5% | 0.19% | −0.05 |
| CCI Crown Castle Inc. | Reduce -19.0% | 0.08% | −0.05 |
| ADBE Adobe Inc. | Reduce -3.3% | 0.24% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Reduce -17.7% | 0.14% | −0.04 |
| JNJ Johnson & Johnson | Reduce -0.0% | 0.33% | −0.03 |
| VTRS Viatris Inc. | Reduce -87.9% | 0.01% | −0.03 |
| MCO Moody's Corp. | Reduce -5.2% | 0.70% | −0.03 |
| APD Air Products & Chemicals Inc. | Reduce -0.6% | 1.37% | −0.03 |
| IEF iShares 7-10 Year Treasury B | Reduce -66.3% | 0.01% | −0.02 |
| UNP Union Pacific Corp. | Reduce -15.4% | 0.08% | −0.02 |
| AMGN Amgen Inc. | Reduce -8.2% | 0.06% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -5.2% | 0.04% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -1.6% | 0.17% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -8.2% | 0.11% | −0.02 |
| ABT Abbott Laboratories | Reduce -8.3% | 0.21% | −0.02 |
| PDBC Invesco Optimum Yield Divers | Sold out | 0.00% | −0.02 |
| IWB iShares Russell 1000 ETF | Reduce -6.0% | 0.57% | −0.01 |
| KVUE Kenvue Inc. | Reduce -2.2% | 0.13% | −0.01 |
| CVX Chevron Corp. | Reduce -6.3% | 0.17% | −0.01 |
| ECL Ecolab Inc. | Reduce -0.1% | 0.13% | −0.01 |
| NKE Nike Inc. Class B | Reduce -7.3% | 0.04% | −0.01 |
| IDXX Idexx Laboratories Inc. | Reduce -6.2% | 0.03% | −0.01 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Reduce -22.1% | 0.02% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -29.2% | 0.02% | −0.01 |
| T AT&T Inc. | Sold out | 0.00% | −0.01 |
| STLN Starling Oncology Inc. | Sold out | 0.00% | −0.01 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.01 |
| INTC Intel Corp. | Sold out | 0.00% | −0.01 |
| CE Celanese Corp. | Sold out | 0.00% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -0.1% | 1.35% | −0.01 |
| VLTO Veralto Corp. | Reduce -9.4% | 0.04% | −0.01 |
| IWV iShares Russell 3000 ETF | Reduce -11.1% | 0.08% | −0.01 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -0.1% | 0.05% | −0.01 |
| TGT Target Corp. | Sold out | 0.00% | −0.01 |
| AEP American Electric Power | Sold out | 0.00% | −0.01 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.01 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.01 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| AAPL Apple Inc. | Add +0.5% | 5.42% | +0.47 |
| LB Landbridge Co. LLC-A | New | 0.46% | +0.46 |
| CPRT Copart Inc. | Add +0.6% | 3.47% | +0.36 |
| VTI VG Morningstar TS MKT ETF-US | Add +102.0% | 0.54% | +0.28 |
| BR Broadridge Financial Solutio | Add +1.0% | 2.65% | +0.19 |
| FICO Fair Isaac Corp. | Add +0.5% | 4.27% | +0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +28.6% | 0.69% | +0.17 |
| VRSN Verisign Inc. | Add +6.6% | 1.14% | +0.17 |
| PFE Pfizer Inc. | Add +33.3% | 0.85% | +0.16 |
| MA Mastercard Inc. Class A | Add +0.1% | 2.14% | +0.16 |
| CME Cme Group Inc. | Add +1.7% | 2.02% | +0.16 |
| AVGO Broadcom Inc. | Add +2.4% | 0.55% | +0.16 |
| APH Amphenol Corp. Class A | Add +0.8% | 1.62% | +0.13 |
| QQQ Invesco QQQ Trust Series 1 | Add +42.8% | 0.38% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +1.1% | 0.81% | +0.12 |
| SHY iShares 1-3 Year Treasury Bo | Add +36.4% | 0.37% | +0.10 |
| MORN Morningstar Inc. | Add +7.0% | 0.67% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +1.3% | 0.57% | +0.08 |
| IWM iShares Russell 2000 ETF | Add +39.1% | 0.24% | +0.07 |
| XLE SS Energy Select Sector | Add +291.6% | 0.06% | +0.05 |
| ORLY O'reilly Automotive Inc. | Add +0.8% | 0.90% | +0.05 |
| ORI Old Republic Intl Corp. | Add +1.2% | 0.86% | +0.04 |
| MSCI MSCI Inc. | Add +2.2% | 0.56% | +0.04 |
| FSV Firstservice Corp. | Add +1.9% | 1.38% | +0.03 |
| BLK BlackRock Inc. | Add +2.5% | 0.31% | +0.03 |
| NVDA Nvidia Corp. | Add +4.3% | 0.21% | +0.03 |
| OIH Vaneck Oil Services ETF | New | 0.03% | +0.03 |
| AJG Arthur J Gallagher & Co. | Add +0.9% | 0.84% | +0.03 |
| NOW ServiceNow Inc. | Add +0.1% | 0.15% | +0.03 |
| RYAN Ryan Specialty Holdings Inc. | Add +4.7% | 0.92% | +0.02 |
| XOM Exxon Mobil Corp. | Add +20.0% | 0.20% | +0.02 |
| ADP Automatic Data Processing | Add +0.4% | 0.27% | +0.02 |
| CRH CRH PLC | Add +1.3% | 0.76% | +0.02 |
| CSCO Cisco Systems Inc. | Add +3.5% | 0.12% | +0.02 |
| META Meta Platforms Inc. Class A | Add +1.5% | 0.35% | +0.02 |
| MS Morgan Stanley | Add +67.8% | 0.03% | +0.02 |
| PH Parker Hannifin Corp. | New | 0.01% | +0.01 |
| SYK Stryker Corp. | Add +5.7% | 0.24% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +59.8% | 0.04% | +0.01 |
| BAC Bank of America Corp. | Add +3.9% | 0.09% | +0.01 |
| WMT Walmart Inc. | Add +4.3% | 0.08% | +0.01 |
| TSLA Tesla Inc. | Add +1.6% | 0.03% | +0.01 |
| GLW Corning Inc. | New | 0.01% | +0.01 |
| SCI Service Corp. International | New | 0.01% | +0.01 |
| EQIX Equinix Inc. | Add +4.1% | 0.10% | +0.01 |
| TEL Te Connectivity PLC | New | 0.01% | +0.01 |
| MDY State Street SPDR S&P Midcap | Add +2.0% | 0.28% | +0.01 |
| INDB Independent Bank Corp. | Add +127.5% | 0.02% | +0.01 |
| UAMY United States Antimony Corp. | Add +102.6% | 0.01% | +0.01 |
| CSX CSX Corp. | Add +41.9% | 0.04% | +0.01 |
Options Activity Q3 2024 → Q4 2024
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| GDX Vaneck Gold Miners ETF | GOLD MINERS ETF · principal | Sold out | 10,000 | $398Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.