Boston Financial Mangement LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Boston Financial Mangement LLC reported 330 stock positions worth $3.1 billion. Its top holding was Microsoft (MSFT) at 5.1% of the portfolio, followed by Watsco (WSO, 4.8%) and Apple (AAPL, 4.1%). Compared with Q4 2023, it opened 21 new positions, sold out of 4, added to 91 and reduced 149. The biggest buy was Cme (CME, shares +86%) and the biggest sale Equinix (EQIX, shares −84%).
- Most Recent 13F
- Q4 2024
- Location
- BOSTON, MA
- CIK
- 0001053055
- Portfolio Value
- $3.1B (Q1 2024)
- SEC Filing
- 0001053055-24-000002 ↗ filed May 10, 2024
Holdings Value
Holdings 330 stocks · $3.1B
| MSFT Microsoft Corp. | 5.06% | 378,187 | $159.1M | Reduce -1.1% |
| WSO Watsco Inc. | 4.81% | 349,534 | $151.0M | Add +0.5% |
| AAPL Apple Inc. | 4.05% | 742,518 | $127.3M | Reduce -0.6% |
| CPRT Copart Inc. | 3.68% | 1,998,400 | $115.7M | Add +0.4% |
| FICO Fair Isaac Corp. | 3.23% | 81,151 | $101.4M | Reduce -10.2% |
| BR Broadridge Financial Solutio | 2.55% | 391,312 | $80.2M | Add +1.5% |
| V Visa Inc. Class A | 2.37% | 266,972 | $74.5M | Reduce -0.5% |
| SHW The Sherwin-Williams Co. | 2.35% | 212,380 | $73.8M | Reduce -12.6% |
| MA Mastercard Inc. Class A | 2.16% | 141,174 | $68.0M | Reduce -0.2% |
| CME Cme Group Inc. | 2.01% | 293,520 | $63.2M | Add +86.4% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.90% | 675,569 | $59.7M | Reduce -0.1% |
| DGRW Wisdomtree U.S. Quality Divi | 1.87% | 771,698 | $58.8M | Add +2.0% |
| BRO Brown & Brown Inc. | 1.76% | 631,045 | $55.2M | Reduce 0.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.62% | 990,994 | $50.8M | Add +1.9% |
| FERG Ferguson Jersey Ltd. | 1.57% | 225,279 | $49.2M | Add +0.9% |
| AOS Smith (a.o.) Corp. | 1.54% | 540,155 | $48.3M | Add +1.6% |
| CDW CDW Corp. | 1.53% | 188,111 | $48.1M | Add +1.9% |
| STE Steris PLC | 1.49% | 207,946 | $46.8M | Add +1.3% |
| APH Amphenol Corp. Class A | 1.43% | 388,612 | $44.8M | Add +0.4% |
| NXST Nexstar Media Group Inc. | 1.29% | 236,100 | $40.7M | Add +2.0% |
| DHR Danaher Corp. | 1.27% | 159,700 | $39.9M | Add +171.9% |
| CCOI Cogent Communications Holdin | 1.27% | 609,401 | $39.8M | Add +2.9% |
| APD Air Products & Chemicals Inc. | 1.26% | 163,276 | $39.6M | Add +0.7% |
| VRSN Verisign Inc. | 1.23% | 204,718 | $38.8M | Reduce -0.6% |
| MCO Moody's Corp. | 1.18% | 94,250 | $37.0M | Reduce -1.1% |
| PFE Pfizer Inc. | 1.16% | 1,316,646 | $36.5M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 1.13% | 196,612 | $35.5M | Reduce -1.4% |
| LMT Lockheed Martin Corp. | 1.11% | 76,796 | $34.9M | Add +0.5% |
| CSL Carlisle Cos Inc. | 1.09% | 87,482 | $34.3M | Add +2.8% |
| COST Costco Wholesale Corp. | 1.07% | 45,894 | $33.6M | Reduce -46.8% |
| FSV Firstservice Corp. | 1.07% | 202,613 | $33.6M | Add +0.0% |
| IJH iShares Core S&P Midcap ETF | 1.05% | 544,892 | $33.1M | Add +2.8% |
| AMT American Tower Corp. | 0.99% | 157,521 | $31.1M | Add +2.1% |
| WAT Waters Corp. | 0.95% | 86,536 | $29.8M | Reduce -1.5% |
| HEI.A Heico Corp. Class A | 0.87% | 176,601 | $27.2M | Add +0.3% |
| ORLY O'reilly Automotive Inc. | 0.85% | 23,778 | $26.8M | Add +2.0% |
| VIGI Vanguard Int Div App Indx FD | 0.85% | 328,915 | $26.8M | Add +1.3% |
| IVV iShares Core S&P 500 ETF | 0.80% | 47,800 | $25.1M | Reduce -1.5% |
| EFX Equifax Inc. | 0.78% | 91,966 | $24.6M | New |
| GOOG Alphabet Inc. Class C | 0.78% | 160,160 | $24.4M | Reduce -1.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.77% | 97,128 | $24.3M | Add +1.3% |
| ORI Old Republic Intl Corp. | 0.77% | 784,972 | $24.1M | Add +0.7% |
| ROP Roper Technologies Inc. | 0.75% | 41,955 | $23.5M | Add +0.8% |
| GSIE Goldman Sachs Activebeta Int | 0.67% | 617,582 | $21.2M | Add +3.1% |
| USIG iShares Broad Usd Investment | 0.67% | 411,849 | $20.9M | Add +4.0% |
| GOOGL Alphabet Inc. Class A | 0.66% | 137,902 | $20.8M | Reduce -1.5% |
| RYAN Ryan Specialty Holdings Inc. | 0.66% | 374,867 | $20.8M | New |
| TYL Tyler Technologies Inc. | 0.61% | 44,840 | $19.1M | Reduce -8.2% |
| HD Home Depot Inc. | 0.60% | 49,418 | $19.0M | Reduce -1.6% |
| DGS Wisdomtree Em Small Cap | 0.60% | 370,016 | $18.8M | Add +2.0% |
| BLK BlackRock Finance Inc. | 0.60% | 22,486 | $18.7M | Reduce -0.0% |
| IWB iShares Russell 1000 ETF | 0.58% | 63,474 | $18.3M | Reduce -2.8% |
| ROL Rollins Inc. | 0.58% | 391,056 | $18.1M | Add +4.2% |
| SITE Siteone Landscape Supply Inc. | 0.55% | 98,454 | $17.2M | Add +0.7% |
| NDSN Nordson Corp. | 0.54% | 62,236 | $17.1M | Add +2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.54% | 32,197 | $16.8M | Reduce -2.1% |
| MSCI MSCI Inc. | 0.53% | 29,904 | $16.8M | Add +605.8% |
| JPM JPMorgan Chase & Co. | 0.48% | 74,993 | $15.0M | Add +0.9% |
| CHD Church & Dwight Co. Inc. | 0.45% | 134,799 | $14.1M | Add +0.2% |
| IJR iShares Core S&P Small-Cap E | 0.43% | 121,711 | $13.5M | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.41% | 9,740 | $12.9M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.40% | 78,465 | $12.4M | Reduce -0.9% |
| TMO Thermo Fisher Scientific Inc. | 0.38% | 20,606 | $12.0M | Add +1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 28,369 | $11.9M | Reduce -1.5% |
| IEX Idex Corp. | 0.37% | 48,018 | $11.7M | Add +5.1% |
| CACI Caci International Inc. Class A | 0.36% | 29,518 | $11.2M | Add +5.1% |
| PG The Procter & Gamble Co. | 0.35% | 67,161 | $10.9M | Reduce -2.7% |
| IT Gartner Inc. | 0.35% | 22,803 | $10.9M | Add +2.0% |
| MRK Merck & Co. Inc. | 0.32% | 76,545 | $10.1M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 0.30% | 19,375 | $9.4M | Reduce -0.7% |
| ADBE Adobe Inc. | 0.29% | 18,348 | $9.3M | Reduce -4.3% |
| MDY State Street SPDR S&P Midcap | 0.29% | 16,382 | $9.1M | No change |
| MTD Mettler-Toledo International | 0.28% | 6,567 | $8.7M | Add +10.2% |
| DEO Diageo PLC-Sponsored ADR | 0.27% | 57,938 | $8.6M | Reduce -2.1% |
| VEA Vanguard Ftse Developed ETF | 0.27% | 168,611 | $8.5M | Reduce -1.6% |
| VIG Vanguard Dividend Apprec ETF | 0.26% | 45,210 | $8.3M | Reduce -0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.26% | 18,337 | $8.1M | Reduce -0.6% |
| ADP Automatic Data Processing | 0.26% | 32,094 | $8.0M | Reduce -4.7% |
| IEMG iShares Core MSCI Emerging | 0.25% | 149,728 | $7.7M | Add +5.7% |
| PANW Palo Alto Networks Inc. | 0.24% | 26,868 | $7.6M | Reduce -0.8% |
| VGIT Vanguard Intermediate-Term T | 0.24% | 128,504 | $7.5M | Add +10.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.24% | 28,829 | $7.5M | Add +3.3% |
| ABT Abbott Laboratories | 0.23% | 63,628 | $7.2M | Reduce -2.6% |
| CVX Chevron Corp. | 0.23% | 44,958 | $7.1M | Add +7.2% |
| XOM Exxon Mobil Corp. | 0.22% | 60,452 | $7.0M | Reduce -1.5% |
| CRM Salesforce Inc. | 0.22% | 23,152 | $7.0M | Reduce -4.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.22% | 84,447 | $6.9M | Add +4.5% |
| SYK Stryker Corp. | 0.22% | 19,151 | $6.9M | Reduce -6.3% |
| PEP Pepsico Inc. | 0.22% | 38,845 | $6.8M | Reduce -3.8% |
| NEE Nextera Energy Inc. | 0.20% | 100,567 | $6.4M | Reduce -4.5% |
| EQIX Equinix Inc. | 0.19% | 7,304 | $6.0M | Reduce -83.9% |
| EFA iShares MSCI Eafe ETF | 0.19% | 75,121 | $6.0M | Reduce -2.9% |
| IWM iShares Russell 2000 ETF | 0.19% | 28,199 | $5.9M | Reduce -0.8% |
| INTU Intuit Inc. | 0.19% | 9,010 | $5.9M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 0.18% | 17,224 | $5.8M | Reduce -6.4% |
| ABBV Abbvie Inc. | 0.18% | 30,861 | $5.6M | Reduce -0.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.18% | 43,445 | $5.6M | Add +1.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 143,808 | $5.5M | Reduce -6.0% |
| ROST Ross Stores Inc. | 0.17% | 36,665 | $5.4M | Reduce -0.9% |
| UNP Union Pacific Corp. | 0.16% | 20,609 | $5.1M | Add +0.6% |
Options reported separately and not counted above: XLK puts ($833K), UPS puts ($743K).
Portfolio Sells Q4 2023 → Q1 2024
| EQIX Equinix Inc. | Reduce -83.9% | 0.19% | −1.05 |
| COST Costco Wholesale Corp. | Reduce -46.8% | 1.07% | −0.86 |
| BDX Becton Dickinson and Co. | Reduce -94.3% | 0.05% | −0.84 |
| AAPL Apple Inc. | Reduce -0.6% | 4.05% | −0.81 |
| FICO Fair Isaac Corp. | Reduce -10.2% | 3.23% | −0.33 |
| BWXT BWX Technologies Inc. | Reduce -80.5% | 0.11% | −0.32 |
| SHW The Sherwin-Williams Co. | Reduce -12.6% | 2.35% | −0.21 |
| VRSN Verisign Inc. | Reduce -0.6% | 1.23% | −0.20 |
| PFE Pfizer Inc. | Reduce -0.7% | 1.16% | −0.13 |
| ADBE Adobe Inc. | Reduce -4.3% | 0.29% | −0.09 |
| TYL Tyler Technologies Inc. | Reduce -8.2% | 0.61% | −0.08 |
| MCO Moody's Corp. | Reduce -1.1% | 1.18% | −0.08 |
| WAT Waters Corp. | Reduce -1.5% | 0.95% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -0.8% | 0.24% | −0.03 |
| NKE Nike Inc. Class B | Reduce -18.2% | 0.05% | −0.03 |
| JNJ Johnson & Johnson | Reduce -0.9% | 0.40% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -2.6% | 0.13% | −0.02 |
| BLK BlackRock Finance Inc. | Reduce -0.0% | 0.60% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -38.0% | 0.03% | −0.02 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Reduce -24.4% | 0.05% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.3% | 0.43% | −0.02 |
| FAST Fastenal Co. | Reduce -24.9% | 0.09% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Reduce -2.1% | 0.27% | −0.02 |
| KVUE Kenvue Inc. | Reduce -3.8% | 0.15% | −0.02 |
| BA The Boeing Co. | Reduce -3.0% | 0.03% | −0.02 |
| PEP Pepsico Inc. | Reduce -3.8% | 0.22% | −0.02 |
| ABT Abbott Laboratories | Reduce -2.6% | 0.23% | −0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.5% | 0.10% | −0.01 |
| DE Deere & Co. | Reduce -23.5% | 0.03% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -4.5% | 0.20% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.2% | 0.09% | −0.01 |
| ADP Automatic Data Processing | Reduce -4.7% | 0.26% | −0.01 |
| SBUX Starbucks Corp. | Reduce -2.1% | 0.07% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -1.4% | 0.10% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.01 |
| ROK Rockwell Automation Inc. | Reduce -16.8% | 0.03% | −0.01 |
| KO The Coca-Cola Co. | Reduce -8.2% | 0.08% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -18.8% | 0.04% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -4.3% | 0.08% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.6% | 0.27% | −0.01 |
| PM Philip Morris International | Reduce -50.4% | 0.01% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.3% | 0.12% | −0.01 |
| IDXX Idexx Laboratories Inc. | Reduce -7.4% | 0.04% | −0.01 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -5.5% | 0.06% | −0.01 |
| ACN Accenture PLC Class A | Reduce -1.9% | 0.07% | −0.01 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.01 |
| ITW Illinois Tool Works | Reduce -3.8% | 0.09% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -18.2% | 0.05% | −0.01 |
| AMGN Amgen Inc. | Reduce -0.6% | 0.08% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| CME Cme Group Inc. | Add +86.4% | 2.01% | +0.89 |
| DHR Danaher Corp. | Add +171.9% | 1.27% | +0.81 |
| EFX Equifax Inc. | New | 0.78% | +0.78 |
| RYAN Ryan Specialty Holdings Inc. | New | 0.66% | +0.66 |
| MSCI MSCI Inc. | Add +605.8% | 0.53% | +0.45 |
| CPRT Copart Inc. | Add +0.4% | 3.68% | +0.38 |
| CSL Carlisle Cos Inc. | Add +2.8% | 1.09% | +0.19 |
| APH Amphenol Corp. Class A | Add +0.4% | 1.43% | +0.13 |
| CDW CDW Corp. | Add +1.9% | 1.53% | +0.11 |
| FERG Ferguson Jersey Ltd. | Add +0.9% | 1.57% | +0.11 |
| ORLY O'reilly Automotive Inc. | Add +2.0% | 0.85% | +0.11 |
| DGRW Wisdomtree U.S. Quality Divi | Add +2.0% | 1.87% | +0.07 |
| NXST Nexstar Media Group Inc. | Add +2.0% | 1.29% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +2.8% | 1.05% | +0.06 |
| AOS Smith (a.o.) Corp. | Add +1.6% | 1.54% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +0.9% | 0.48% | +0.05 |
| CACI Caci International Inc. Class A | Add +5.1% | 0.36% | +0.05 |
| AJG Arthur J Gallagher & Co. | Add +1.3% | 0.77% | +0.04 |
| IEX Idex Corp. | Add +5.1% | 0.37% | +0.04 |
| MTD Mettler-Toledo International | Add +10.2% | 0.28% | +0.03 |
| D Dominion Energy Inc. | Add +137.5% | 0.05% | +0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +1.6% | 0.18% | +0.03 |
| ROL Rollins Inc. | Add +4.2% | 0.58% | +0.02 |
| VGT Vanguard Info Tech ETF | New | 0.02% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +1.9% | 0.38% | +0.02 |
| CATC Cambridge Bancorp | New | 0.02% | +0.02 |
| CHD Church & Dwight Co. Inc. | Add +0.2% | 0.45% | +0.02 |
| HEI.A Heico Corp. Class A | Add +0.3% | 0.87% | +0.02 |
| TD Toronto-Dominion Bank | New | 0.02% | +0.02 |
| FTNT Fortinet Inc. | New | 0.02% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.3% | 0.24% | +0.01 |
| ETN Eaton Corp. PLC | Add +11.1% | 0.05% | +0.01 |
| CVX Chevron Corp. | Add +7.2% | 0.23% | +0.01 |
| GSIE Goldman Sachs Activebeta Int | Add +3.1% | 0.67% | +0.01 |
| LIN Linde PLC | Add +1.8% | 0.14% | +0.01 |
| LAMR Lamar Advertising Co. Class A | Add +9.3% | 0.08% | +0.01 |
| O Realty Income Corp. | New | 0.01% | +0.01 |
| SITE Siteone Landscape Supply Inc. | Add +0.7% | 0.55% | +0.01 |
| LMBS First Trust Low Duration Opp | Add +16.2% | 0.10% | +0.01 |
| WM Waste Management Inc. | Add +5.3% | 0.05% | +0.01 |
| VIS Vanguard Industrials ETF | New | 0.01% | +0.01 |
| QCOM Qualcomm Inc. | Add +2.5% | 0.07% | +0.01 |
| GDXJ Vaneck Junior Gold Miners | Add +18.1% | 0.06% | +0.01 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Add +8.1% | 0.12% | +0.01 |
| T AT&T Inc. | Add +133.7% | 0.01% | +0.01 |
| CP Canadian Pacific Kansas City | New | 0.01% | +0.01 |
| HOLX Hologic Inc. | New | 0.01% | +0.01 |
| AR Antero Resources Corp. | New | 0.01% | +0.01 |
| ES Eversource Energy | New | 0.01% | +0.01 |
| WFC Wells Fargo & Co. | New | 0.01% | +0.01 |
Options Activity Q4 2023 → Q1 2024
| XLK SS Technology Select Sector | put | New | 4,000 | $833K |
| UPS United Parcel Service Class B | put | Add +25.0% | 5,000 | $743K |
| NEM Newmont Corp. | call | Sold out | 6,000 | $248Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.