Boston Financial Mangement LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 25, 2024), Boston Financial Mangement LLC reported 326 stock positions worth $3.4 billion. Its top holding was Watsco (WSO) at 5.0% of the portfolio, followed by Apple (AAPL, 5.0%) and Microsoft (MSFT, 4.9%). Compared with Q2 2024, it opened 11 new positions, sold out of 10, added to 78 and reduced 173. The biggest buy was a new position in CRH (CRH) and the biggest sale Moody's (MCO, shares −45%).
- Most Recent 13F
- Q4 2024
- Location
- BOSTON, MA
- CIK
- 0001053055
- Portfolio Value
- $3.4B (Q3 2024)
- SEC Filing
- 0001053055-24-000005 ↗ filed Oct 25, 2024
Holdings Value
Holdings 326 stocks · $3.4B
| WSO Watsco Inc. | 5.00% | 341,265 | $167.9M | Reduce -1.6% |
| AAPL Apple Inc. | 4.96% | 713,248 | $166.2M | Reduce -4.3% |
| MSFT Microsoft Corp. | 4.91% | 382,464 | $164.6M | Add +0.7% |
| FICO Fair Isaac Corp. | 4.10% | 70,707 | $137.4M | Reduce -13.7% |
| CPRT Copart Inc. | 3.11% | 1,989,991 | $104.3M | Reduce -0.9% |
| BR Broadridge Financial Solutio | 2.46% | 383,846 | $82.5M | Reduce -2.4% |
| SHW The Sherwin-Williams Co. | 2.29% | 200,895 | $76.7M | Reduce -2.3% |
| V Visa Inc. Class A | 2.13% | 260,235 | $71.6M | Reduce -1.5% |
| MA Mastercard Inc. Class A | 1.97% | 133,977 | $66.2M | Reduce -4.5% |
| DGRW Wisdomtree U.S. Quality Divi | 1.91% | 768,734 | $64.0M | Add +3.6% |
| BRO Brown & Brown Inc. | 1.89% | 613,333 | $63.5M | Reduce -2.1% |
| CME Cme Group Inc. | 1.86% | 282,363 | $62.3M | Reduce -3.7% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.67% | 987,823 | $56.0M | Reduce -1.9% |
| APH Amphenol Corp. Class A | 1.48% | 763,866 | $49.8M | Reduce -0.7% |
| STE Steris PLC | 1.47% | 202,982 | $49.2M | Reduce -1.3% |
| AOS Smith (a.o.) Corp. | 1.39% | 520,294 | $46.7M | Reduce -3.9% |
| APD Air Products & Chemicals Inc. | 1.39% | 156,961 | $46.7M | Reduce -2.7% |
| CCOI Cogent Communications Holdin | 1.38% | 609,821 | $46.3M | Add +2.8% |
| DHR Danaher Corp. | 1.36% | 164,350 | $45.7M | Add +1.7% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.36% | 864,165 | $45.5M | Add +6.8% |
| FSV Firstservice Corp. | 1.34% | 246,673 | $45.0M | Add +25.3% |
| FERG Ferguson Enterprises Inc. | 1.32% | 223,702 | $44.4M | Reduce -0.8% |
| LMT Lockheed Martin Corp. | 1.29% | 73,738 | $43.1M | Reduce -3.4% |
| CDW CDW Corp. | 1.25% | 184,793 | $41.8M | Reduce -2.5% |
| CSL Carlisle Cos Inc. | 1.17% | 87,335 | $39.3M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 1.14% | 43,026 | $38.1M | Reduce -4.0% |
| NXST Nexstar Media Group Inc. | 1.12% | 226,641 | $37.5M | Reduce -2.4% |
| AMZN Amazon.com Inc. | 1.10% | 198,777 | $37.0M | Add +0.6% |
| HEI.A Heico Corp. Class A | 1.06% | 174,184 | $35.5M | Reduce -1.6% |
| IJH iShares Core S&P Midcap ETF | 1.03% | 551,862 | $34.4M | Add +1.8% |
| AMT American Tower Corp. | 1.01% | 145,614 | $33.9M | Reduce -1.3% |
| VRSN Verisign Inc. | 0.97% | 170,548 | $32.4M | Reduce -11.0% |
| EFX Equifax Inc. | 0.94% | 107,593 | $31.6M | Add +3.2% |
| WAT Waters Corp. | 0.90% | 84,158 | $30.3M | Reduce -2.3% |
| RYAN Ryan Specialty Holdings Inc. | 0.90% | 452,489 | $30.0M | Add +0.5% |
| ORLY O'reilly Automotive Inc. | 0.85% | 24,846 | $28.6M | Add +2.8% |
| ORI Old Republic Intl Corp. | 0.82% | 776,179 | $27.5M | Reduce -0.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.82% | 97,259 | $27.4M | Add +0.3% |
| CACI Caci International Inc. Class A | 0.81% | 54,100 | $27.3M | Add +78.8% |
| GOOG Alphabet Inc. Class C | 0.79% | 157,989 | $26.4M | Reduce -1.0% |
| IVV iShares Core S&P 500 ETF | 0.77% | 44,745 | $25.8M | Reduce -0.3% |
| USIG iShares Broad Usd Investment | 0.77% | 488,706 | $25.7M | Add +13.4% |
| TYL Tyler Technologies Inc. | 0.76% | 43,728 | $25.5M | Reduce 0.0% |
| CRH CRH PLC | 0.74% | 267,237 | $24.8M | New |
| MCO Moody's Corp. | 0.73% | 51,699 | $24.5M | Reduce -44.9% |
| VIGI Vanguard Int Div App Indx FD | 0.72% | 274,996 | $24.3M | Reduce -0.3% |
| VGIT Vanguard Intermediate-Term T | 0.70% | 389,427 | $23.5M | Add +14.2% |
| ROP Roper Technologies Inc. | 0.70% | 42,227 | $23.5M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 0.69% | 140,038 | $23.2M | Reduce -0.4% |
| PFE Pfizer Inc. | 0.68% | 791,150 | $22.9M | Reduce -39.7% |
| ROL Rollins Inc. | 0.59% | 392,623 | $19.9M | Reduce -0.3% |
| MORN Morningstar Inc. | 0.59% | 61,625 | $19.7M | New |
| HD Home Depot Inc. | 0.59% | 48,440 | $19.6M | Reduce -1.7% |
| DGS Wisdomtree Em Small Cap | 0.58% | 363,710 | $19.5M | Reduce -2.1% |
| IWB iShares Russell 1000 ETF | 0.58% | 62,110 | $19.5M | Add +6.5% |
| GSIE Goldman Sachs Activebeta Int | 0.53% | 494,667 | $17.9M | Reduce -0.4% |
| MSCI MSCI Inc. | 0.53% | 30,264 | $17.6M | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.52% | 30,439 | $17.5M | Reduce -3.2% |
| JPM JPMorgan Chase & Co. | 0.49% | 77,695 | $16.4M | Add +0.9% |
| NDSN Nordson Corp. | 0.45% | 57,023 | $15.0M | Reduce -6.0% |
| IJR iShares Core S&P Small-Cap E | 0.43% | 123,109 | $14.4M | Add +1.8% |
| CHD Church & Dwight Co. Inc. | 0.42% | 133,465 | $14.0M | Reduce -0.6% |
| SITE Siteone Landscape Supply Inc. | 0.41% | 90,743 | $13.7M | Reduce -5.8% |
| AVGO Broadcom Inc. | 0.39% | 76,615 | $13.2M | Reduce -19.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 27,716 | $12.8M | Reduce -1.8% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 20,036 | $12.4M | Reduce -2.3% |
| JNJ Johnson & Johnson | 0.36% | 75,291 | $12.2M | Reduce -4.0% |
| IT Gartner Inc. | 0.35% | 23,043 | $11.7M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 0.33% | 19,209 | $11.0M | Reduce -1.6% |
| MTD Mettler-Toledo International | 0.29% | 6,586 | $9.9M | Reduce -0.4% |
| ADBE Adobe Inc. | 0.28% | 18,429 | $9.5M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.28% | 54,597 | $9.5M | Reduce -19.9% |
| VIG Vanguard Dividend Apprec ETF | 0.27% | 46,543 | $9.2M | Add +0.5% |
| MDY State Street SPDR S&P Midcap | 0.27% | 16,180 | $9.2M | Reduce -1.2% |
| BLK BlackRock Finance Inc. | 0.27% | 9,674 | $9.2M | Reduce -57.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.27% | 109,717 | $9.1M | Add +19.3% |
| IEMG iShares Core MSCI Emerging | 0.27% | 158,477 | $9.1M | Add +1.0% |
| MRK Merck & Co. Inc. | 0.26% | 77,667 | $8.8M | Reduce -5.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 30,637 | $8.7M | Add +0.7% |
| ADP Automatic Data Processing | 0.26% | 30,934 | $8.6M | Reduce -2.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 17,120 | $8.4M | Reduce -6.1% |
| VEA Vanguard Ftse Developed ETF | 0.24% | 154,047 | $8.1M | Reduce -5.8% |
| NEE Nextera Energy Inc. | 0.24% | 95,396 | $8.1M | Reduce -6.3% |
| ABT Abbott Laboratories | 0.22% | 65,623 | $7.5M | Add +0.8% |
| SYK Stryker Corp. | 0.22% | 20,447 | $7.4M | Add +4.5% |
| PANW Palo Alto Networks Inc. | 0.22% | 21,303 | $7.3M | Reduce -20.3% |
| PEP Pepsico Inc. | 0.20% | 39,242 | $6.7M | Add +0.5% |
| CRM Salesforce Inc. | 0.19% | 23,866 | $6.5M | Add +0.1% |
| ABBV Abbvie Inc. | 0.19% | 31,608 | $6.2M | Add +4.2% |
| EFA iShares MSCI Eafe ETF | 0.19% | 74,504 | $6.2M | Reduce -0.7% |
| DEO Diageo PLC-Sponsored ADR | 0.18% | 43,184 | $6.1M | Reduce -23.9% |
| XOM Exxon Mobil Corp. | 0.18% | 51,650 | $6.1M | Reduce -18.6% |
| NVDA Nvidia Corp. | 0.18% | 49,537 | $6.0M | Reduce -2.8% |
| CVX Chevron Corp. | 0.18% | 40,669 | $6.0M | Reduce -6.1% |
| IWF iShares Russell 1000 Growth | 0.17% | 15,631 | $5.9M | Reduce -5.3% |
| IWM iShares Russell 2000 ETF | 0.17% | 25,802 | $5.7M | Reduce -7.4% |
| ROST Ross Stores Inc. | 0.17% | 37,566 | $5.7M | Add +3.9% |
| INTU Intuit Inc. | 0.17% | 8,994 | $5.6M | Reduce -2.1% |
| RTX RTX Corp. | 0.15% | 41,748 | $5.1M | Reduce -3.0% |
| SCHD Schwab US DVD Equity ETF | 0.15% | 58,142 | $4.9M | Reduce 0.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $398K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GDX Vaneck Gold Miners ETF | GOLD MINERS ETF · principal | 10,000 | $398K | New |
Total filed on the 13F, all lines: $3.4B.
Portfolio Sells Q2 2024 → Q3 2024
| MCO Moody's Corp. | Reduce -44.9% | 0.73% | −0.52 |
| PFE Pfizer Inc. | Reduce -39.7% | 0.68% | −0.49 |
| CPRT Copart Inc. | Reduce -0.9% | 3.11% | −0.35 |
| BLK BlackRock Finance Inc. | Reduce -57.1% | 0.27% | −0.29 |
| IEX Idex Corp. | Sold out | 0.00% | −0.28 |
| APH Amphenol Corp. Class A | Reduce -0.7% | 1.48% | −0.17 |
| GOOG Alphabet Inc. Class C | Reduce -1.0% | 0.79% | −0.14 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -60.2% | 0.06% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 0.69% | −0.12 |
| VRSN Verisign Inc. | Reduce -11.0% | 0.97% | −0.12 |
| NXST Nexstar Media Group Inc. | Reduce -2.4% | 1.12% | −0.11 |
| WSO Watsco Inc. | Reduce -1.6% | 5.00% | −0.11 |
| CDW CDW Corp. | Reduce -2.5% | 1.25% | −0.10 |
| BAC Bank of America Corp. | Reduce -53.3% | 0.08% | −0.10 |
| AVGO Broadcom Inc. | Reduce -19.8% | 0.39% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -19.9% | 0.28% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -4.0% | 1.14% | −0.07 |
| V Visa Inc. Class A | Reduce -1.5% | 2.13% | −0.07 |
| PANW Palo Alto Networks Inc. | Reduce -20.3% | 0.22% | −0.07 |
| FERG Ferguson Enterprises Inc. | Reduce -0.8% | 1.32% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -5.3% | 0.26% | −0.06 |
| ROP Roper Technologies Inc. | Reduce -0.3% | 0.70% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -18.6% | 0.18% | −0.05 |
| UNP Union Pacific Corp. | Reduce -34.5% | 0.10% | −0.05 |
| DEO Diageo PLC-Sponsored ADR | Reduce -23.9% | 0.18% | −0.05 |
| ADBE Adobe Inc. | Reduce -0.2% | 0.28% | −0.04 |
| AAPL Apple Inc. | Reduce -4.3% | 4.96% | −0.04 |
| CVX Chevron Corp. | Reduce -6.1% | 0.18% | −0.04 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -6.1% | 0.25% | −0.03 |
| CHD Church & Dwight Co. Inc. | Reduce -0.6% | 0.42% | −0.03 |
| DGS Wisdomtree Em Small Cap | Reduce -2.1% | 0.58% | −0.03 |
| INTU Intuit Inc. | Reduce -2.1% | 0.17% | −0.03 |
| XLE SS Energy Select Sector | Reduce -55.8% | 0.02% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.2% | 0.52% | −0.02 |
| NVDA Nvidia Corp. | Reduce -2.8% | 0.18% | −0.02 |
| INTC Intel Corp. | Reduce -62.4% | 0.01% | −0.02 |
| ROL Rollins Inc. | Reduce -0.3% | 0.59% | −0.02 |
| CATC Cambridge Bancorp | Sold out | 0.00% | −0.02 |
| BDX Becton Dickinson and Co. | Reduce -38.0% | 0.03% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -5.3% | 0.17% | −0.02 |
| AOS Smith (a.o.) Corp. | Reduce -3.9% | 1.39% | −0.02 |
| KMI Kinder Morgan Inc. | Sold out | 0.00% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -5.8% | 0.24% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -0.3% | 0.77% | −0.01 |
| TEL Te Connectivity Ltd. | Sold out | 0.00% | −0.01 |
| VTRS Viatris Inc. | Reduce -23.4% | 0.04% | −0.01 |
| SG Sweetgreen Inc. Class A | Reduce -55.7% | 0.01% | −0.01 |
| BA The Boeing Co. | Reduce -21.1% | 0.02% | −0.01 |
| TTE Totalenergies SE -Spon ADR | Reduce -0.4% | 0.09% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -7.4% | 0.17% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| CRH CRH PLC | New | 0.74% | +0.74 |
| MORN Morningstar Inc. | New | 0.59% | +0.59 |
| CACI Caci International Inc. Class A | Add +78.8% | 0.81% | +0.40 |
| FSV Firstservice Corp. | Add +25.3% | 1.34% | +0.39 |
| CCOI Cogent Communications Holdin | Add +2.8% | 1.38% | +0.31 |
| EFX Equifax Inc. | Add +3.2% | 0.94% | +0.14 |
| USIG iShares Broad Usd Investment | Add +13.4% | 0.77% | +0.08 |
| DHR Danaher Corp. | Add +1.7% | 1.36% | +0.08 |
| VGIT Vanguard Intermediate-Term T | Add +14.2% | 0.70% | +0.07 |
| RYAN Ryan Specialty Holdings Inc. | Add +0.5% | 0.90% | +0.07 |
| DGRW Wisdomtree U.S. Quality Divi | Add +3.6% | 1.91% | +0.06 |
| ORLY O'reilly Automotive Inc. | Add +2.8% | 0.85% | +0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +6.8% | 1.36% | +0.04 |
| SHY iShares 1-3 Year Treasury Bo | Add +19.3% | 0.27% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +6.5% | 0.58% | +0.03 |
| NEM Newmont Corp. | Add +0.6% | 0.13% | +0.02 |
| ABBV Abbvie Inc. | Add +4.2% | 0.19% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +1.8% | 0.43% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +1.8% | 1.03% | +0.02 |
| AJG Arthur J Gallagher & Co. | Add +0.3% | 0.82% | +0.02 |
| BX Blackstone Inc. | Add +1.2% | 0.10% | +0.02 |
| NOW ServiceNow Inc. | Add +3.5% | 0.13% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +1.1% | 0.15% | +0.01 |
| GDXJ Vaneck Junior Gold Miners | Add +3.6% | 0.10% | +0.01 |
| CEG Constellation Energy | Add +4.2% | 0.05% | +0.01 |
| SLV iShares Silver Trust | Add +15.0% | 0.08% | +0.01 |
| SPGI S&P Global Inc. | Add +0.6% | 0.12% | +0.01 |
| WMT Walmart Inc. | Add +3.7% | 0.07% | +0.01 |
| ITW Illinois Tool Works | Add +8.6% | 0.08% | +0.01 |
| IAU iShares Gold Trust | Add +1.0% | 0.14% | +0.01 |
| VT Vanguard Tot World STK ETF | New | 0.01% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Add +3.8% | 0.10% | +0.01 |
| ORCL Oracle Corp. | Add +0.3% | 0.07% | +0.01 |
| SYK Stryker Corp. | Add +4.5% | 0.22% | +0.01 |
| ABT Abbott Laboratories | Add +0.8% | 0.22% | +0.01 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Add +7.3% | 0.13% | +0.01 |
| B Barrick Gold Corp. | Add +0.9% | 0.06% | +0.01 |
| OTIS Otis Worldwide Corp. | Add +9.3% | 0.07% | +0.01 |
| CHKP Check Point Software Tech | New | 0.01% | +0.01 |
| BNT Brookfield Wealth Solutions | New | 0.01% | +0.01 |
| EBAY eBay Inc. | New | 0.01% | +0.01 |
| PAYX Paychex Inc. | New | 0.01% | +0.01 |
| VLO Valero Energy Corp. | New | 0.01% | +0.01 |
| LEN Lennar Corp. Class A | New | 0.01% | +0.01 |
| BBJP JPMorgan Betabuilders Japan | New | 0.01% | +0.01 |
| XLF SS Financial Select Sector | New | 0.01% | +0.01 |
| DGRS Wisdomtree U.S. Smallcap Qua | Add +6.2% | 0.07% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +0.5% | 0.27% | +0.01 |
| SYY Sysco Corp. | Add +28.3% | 0.02% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.5% | 0.10% | +0.01 |
Options Activity Q2 2024 → Q3 2024
| GLD SPDR Gold Shares | call | Sold out | 7,500 | $1.6Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| GDX Vaneck Gold Miners ETF | GOLD MINERS ETF · principal | New | 10,000 | $398K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.