Boston Research & Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), Boston Research & Management Inc. reported 120 stock positions worth $447.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 4.8% of the portfolio, followed by Alphabet Class A (GOOGL, 3.5%) and Cisco Systems (CSCO, 3.3%). Compared with Q1 2026, it opened 6 new positions, added to 13 and reduced 54. The biggest buy was Lowe's Cos (LOW, shares +2221%) and the biggest sale Tractor Supply (TSCO, shares −0%).

Most Recent 13F
Q2 2026
Location
MANCHESTER, MA
CIK
0001259261
Portfolio Value
$447.1M (Q2 2026)
SEC Filing
0001259261-26-000006 ↗ filed Aug 11, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $404.6M Q1 2024 Q2 2024: $395.5M Q2 2024 Q3 2024: $428.2M Q3 2024 Q4 2024: $409.7M Q4 2024 Q1 2025: $405.1M Q1 2025 Q2 2025: $419.4M Q2 2025 Q3 2025: $453.4M Q3 2025 Q4 2025: $433.7M Q4 2025 Q1 2026: $421.0M Q1 2026 Q2 2026: $447.1M $447.1M Q2 2026

Holdings 120 stocks · $447.1M
IVV iShares Core S&P 500 ETF 4.83% 28,863 $21.6M Reduce -0.7%
GOOGL Alphabet Inc. Class A 3.47% 43,406 $15.5M Reduce -1.6%
CSCO Cisco Systems Inc. 3.25% 123,742 $14.5M Reduce -1.4%
AAPL Apple Inc. 3.18% 49,123 $14.2M Reduce -1.1%
MSFT Microsoft Corp. 3.08% 36,953 $13.8M Add +0.3%
WMT Walmart Inc. 2.73% 107,734 $12.2M Reduce -2.2%
ABBV Abbvie Inc. 2.71% 48,129 $12.1M Reduce -0.5%
IJR iShares Core S&P Small-Cap E 2.50% 75,300 $11.2M Reduce -0.6%
JPM JPMorgan Chase & Co. 2.36% 32,195 $10.5M Reduce -0.5%
FAST Fastenal Co. 2.15% 199,875 $9.6M Reduce -0.7%
BNY Bank of New York Mellon Corp. 2.07% 63,884 $9.2M Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B 1.94% 17,366 $8.7M Reduce -1.7%
MA Mastercard Inc. Class A 1.91% 16,607 $8.5M Reduce -0.9%
MRK Merck & Co. Inc. 1.89% 65,845 $8.5M Reduce -1.1%
IEMG iShares Core MSCI Emerging 1.87% 100,742 $8.3M Reduce -2.5%
LIN Linde PLC 1.81% 15,624 $8.1M Reduce -0.9%
AMZN Amazon.com Inc. 1.78% 33,369 $8.0M Reduce -0.6%
NVDA Nvidia Corp. 1.72% 38,473 $7.7M Reduce -1.5%
XOM Exxon Mobil Corp. 1.62% 52,945 $7.2M Reduce -0.5%
SNA Snap-on Inc. 1.60% 17,731 $7.1M Reduce -1.2%
PG The Procter & Gamble Co. 1.54% 46,908 $6.9M Add +0.2%
XYL Xylem Inc. 1.51% 57,009 $6.7M Add +1.6%
IEFA iShares Core MSCI Eafe ETF 1.48% 68,567 $6.6M Reduce -1.4%
DHI D.R. Horton Inc. 1.46% 40,067 $6.5M Reduce -0.6%
LH Labcorp Holdings Inc. 1.46% 23,271 $6.5M Reduce -0.2%
MCD McDonald's Corp. 1.45% 24,010 $6.5M Reduce -0.4%
NEE Nextera Energy Inc. 1.45% 73,786 $6.5M Reduce -0.3%
KO The Coca-Cola Co. 1.34% 73,647 $6.0M Reduce -0.6%
LLY Eli Lilly & Co. 1.30% 4,833 $5.8M No change
DUK Duke Energy Corp. 1.29% 45,624 $5.8M Reduce -0.2%
SYY Sysco Corp. 1.28% 68,451 $5.7M Add +1.2%
LMT Lockheed Martin Corp. 1.27% 11,177 $5.7M Add +0.1%
USB US Bancorp 1.27% 93,913 $5.7M Reduce -1.2%
CL Colgate-Palmolive Co. 1.24% 60,464 $5.5M Reduce -0.3%
TMO Thermo Fisher Scientific Inc. 1.23% 10,974 $5.5M Add +1.5%
IWM iShares Russell 2000 ETF 1.21% 18,027 $5.4M Reduce -2.5%
ABT Abbott Laboratories 1.21% 59,474 $5.4M Reduce -0.3%
TSCO Tractor Supply Company 1.20% 169,260 $5.4M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 1.16% 6,971 $5.2M Reduce -0.5%
LOW Lowe's Cos Inc. 1.12% 22,745 $5.0M Add +2220.9%
PEP Pepsico Inc. 1.03% 34,145 $4.6M Add +1.2%
VZ Verizon Communications Inc. 1.03% 108,377 $4.6M Add +0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.03% 47,627 $4.6M Reduce -1.6%
VTI VG Morningstar TS MKT ETF-US 1.02% 12,380 $4.6M No change
UPS United Parcel Service Class B 1.02% 42,352 $4.6M Reduce -0.2%
COP Conocophillips 0.96% 41,367 $4.3M Reduce -0.5%
EQIX Equinix Inc. 0.95% 4,068 $4.2M Reduce -0.9%
MDT Medtronic PLC 0.90% 51,201 $4.0M Add +1.3%
XLE SS Energy Select Sector 0.88% 74,398 $4.0M Reduce -0.5%
IJH iShares Core S&P Midcap ETF 0.86% 49,967 $3.9M Reduce -1.0%
GIS General Mills Inc. 0.81% 104,150 $3.6M Reduce -3.5%
CAT Caterpillar Inc. 0.81% 3,382 $3.6M Reduce -3.4%
IAU iShares Gold Trust 0.79% 46,825 $3.5M No change
CTAS Cintas Corp. 0.77% 20,270 $3.4M No change
OMC Omnicom Group 0.75% 46,043 $3.4M Reduce -2.1%
HD Home Depot Inc. 0.69% 8,805 $3.1M No change
CMCSA Comcast Corp. Class A 0.69% 125,131 $3.1M Add +1.8%
ADBE Adobe Inc. 0.62% 13,584 $2.8M Reduce -1.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.57% 31,823 $2.5M Reduce -0.9%
VB Vanguard Most SM-Cap ETF-Usd 0.57% 8,343 $2.5M Reduce -0.2%
JNJ Johnson & Johnson 0.55% 9,613 $2.4M No change
ACN Accenture PLC Class A 0.49% 17,609 $2.2M Reduce -0.5%
GOOG Alphabet Inc. Class C 0.39% 4,912 $1.7M Reduce -2.6%
INDB Independent Bank Corp. 0.32% 17,011 $1.4M No change
ORCL Oracle Corp. 0.32% 9,639 $1.4M Reduce -1.1%
VEA Vanguard Ftse Developed ETF 0.31% 19,498 $1.4M No change
SYK Stryker Corp. 0.31% 4,354 $1.4M No change
VEU Vanguard Ftse All-World Ex-U 0.29% 15,681 $1.3M No change
CVX Chevron Corp. 0.29% 7,720 $1.3M No change
RSP Invesco S&P 500 Equal Weight 0.22% 4,705 $1.0M Add +1.2%
PFF iShares Preferred & Income S 0.21% 31,100 $948K Reduce -1.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.21% 3,260 $917K No change
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.19% 1,627 $850K No change
VWO Vanguard Ftse Emerging Marke 0.19% 13,964 $834K No change
PAYX Paychex Inc. 0.17% 7,555 $743K No change
EMR Emerson Electric Co. 0.16% 5,100 $730K No change
ITW Illinois Tool Works 0.16% 2,580 $698K No change
WM Waste Management Inc. 0.15% 3,090 $689K No change
MMM 3M Co. 0.15% 4,086 $662K No change
QQQ Invesco QQQ Trust Series 1 0.14% 847 $624K Reduce -2.1%
HYD Vaneck High Yield Muni ETF 0.13% 11,696 $602K Reduce -4.4%
AMAT Applied Materials Inc. 0.13% 795 $575K No change
QCOM Qualcomm Inc. 0.12% 3,020 $558K No change
TSLA Tesla Inc. 0.12% 1,265 $532K No change
IXN iShares Global Tech ETF 0.12% 3,600 $520K No change
AOR iShares Core 60/40 Balanced 0.11% 7,061 $491K Add +0.9%
AGG iShares Core U.S. Aggregate 0.10% 4,628 $458K Reduce -3.3%
SO The Southern Co. 0.10% 4,710 $451K No change
PPG PPG Industries Inc. 0.10% 3,700 $449K No change
AMGN Amgen Inc. 0.10% 1,237 $448K No change
MRSH Marsh & McLennan Cos 0.10% 2,620 $437K No change
NUE Nucor Corp. 0.10% 1,936 $431K No change
BMY Bristol-Myers Squibb Co. 0.09% 6,660 $384K No change
INTC Intel Corp. 0.08% 2,700 $377K New
DHR Danaher Corp. 0.08% 1,918 $365K No change
ADP Automatic Data Processing 0.08% 1,630 $365K No change
GE General Electric filed as GE AEROSPACE 0.08% 965 $361K No change
MAS Masco Corp. 0.07% 4,000 $325K No change
KMB Kimberly-Clark Corp. 0.07% 2,955 $324K No change
BXP BXP Inc. 0.07% 4,850 $322K No change

Show all 120 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $5.5M (not counted above)
SecurityClassShares / PrincipalValueChange
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 99,820$5.5MReduce -1.0%

Total filed on the 13F, all lines: $452.6M.

Portfolio Sells Q1 2026 → Q2 2026
TSCO Tractor Supply Company Reduce -0.1% 1.20% −0.63
XOM Exxon Mobil Corp. Reduce -0.5% 1.62% −0.52
WMT Walmart Inc. Reduce -2.2% 2.73% −0.52
ACN Accenture PLC Class A Reduce -0.5% 0.49% −0.34
COP Conocophillips Reduce -0.5% 0.96% −0.34
MCD McDonald's Corp. Reduce -0.4% 1.45% −0.33
ABT Abbott Laboratories Reduce -0.3% 1.21% −0.25
XLE SS Energy Select Sector Reduce -0.5% 0.88% −0.20
NEE Nextera Energy Inc. Reduce -0.3% 1.45% −0.18
ADBE Adobe Inc. Reduce -1.1% 0.62% −0.17
GIS General Mills Inc. Reduce -3.5% 0.81% −0.14
DUK Duke Energy Corp. Reduce -0.2% 1.29% −0.13
OMC Omnicom Group Reduce -2.1% 0.75% −0.09
DIS The Walt Disney Co. Reduce -1.6% 1.03% −0.08
MA Mastercard Inc. Class A Reduce -0.9% 1.91% −0.08
FAST Fastenal Co. Reduce -0.7% 2.15% −0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.7% 1.94% −0.07
LIN Linde PLC Reduce -0.9% 1.81% −0.04
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -0.9% 0.57% −0.04
ORCL Oracle Corp. Reduce -1.1% 0.32% −0.02
LH Labcorp Holdings Inc. Reduce -0.2% 1.46% −0.02
RTX RTX Corp. Reduce -15.6% 0.06% −0.02
PFF iShares Preferred & Income S Reduce -1.4% 0.21% −0.01
IEFA iShares Core MSCI Eafe ETF Reduce -1.4% 1.48% −0.01
HYD Vaneck High Yield Muni ETF Reduce -4.4% 0.13% −0.01
AGG iShares Core U.S. Aggregate Reduce -3.3% 0.10% −0.01
MRK Merck & Co. Inc. Reduce -1.1% 1.89% −0.01
EQIX Equinix Inc. Reduce -0.9% 0.95% −0.01
GPC Genuine Parts Co. Reduce -7.0% 0.05% −0.00
KO The Coca-Cola Co. Reduce -0.6% 1.34% +0.00
IWF iShares Russell 1000 Growth Reduce -2.0% 0.07% +0.00
CL Colgate-Palmolive Co. Reduce -0.3% 1.24% +0.01
QQQ Invesco QQQ Trust Series 1 Reduce -2.1% 0.14% +0.02
UPS United Parcel Service Class B Reduce -0.2% 1.02% +0.03
GOOG Alphabet Inc. Class C Reduce -2.6% 0.39% +0.04
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.2% 0.57% +0.05
SNA Snap-on Inc. Reduce -1.2% 1.60% +0.05
IJH iShares Core S&P Midcap ETF Reduce -1.0% 0.86% +0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.5% 1.16% +0.08
USB US Bancorp Reduce -1.2% 1.27% +0.09
JPM JPMorgan Chase & Co. Reduce -0.5% 2.36% +0.10
NVDA Nvidia Corp. Reduce -1.5% 1.72% +0.10
AMZN Amazon.com Inc. Reduce -0.6% 1.78% +0.12
IWM iShares Russell 2000 ETF Reduce -2.5% 1.21% +0.12
DHI D.R. Horton Inc. Reduce -0.6% 1.46% +0.15
IEMG iShares Core MSCI Emerging Reduce -2.5% 1.87% +0.16
AAPL Apple Inc. Reduce -1.1% 3.18% +0.18
ABBV Abbvie Inc. Reduce -0.5% 2.71% +0.21
CAT Caterpillar Inc. Reduce -3.4% 0.81% +0.22
BNY Bank of New York Mellon Corp. Reduce -1.2% 2.07% +0.24

Portfolio Buys Q1 2026 → Q2 2026
LOW Lowe's Cos Inc. Add +2220.9% 1.12% +1.07
SYY Sysco Corp. Add +1.2% 1.28% +0.13
INTC Intel Corp. New 0.08% +0.08
VXF Vanguard Extended Market ETF New 0.05% +0.05
A Agilent Technologies Inc. New 0.05% +0.05
CWB SS SPDR BB Conv Sec ETF New 0.05% +0.05
ODFL Old Dominion Freight Line New 0.05% +0.05
CB Chubb Ltd. New 0.04% +0.04
RSP Invesco S&P 500 Equal Weight Add +1.2% 0.22% +0.01
AOR iShares Core 60/40 Balanced Add +0.9% 0.11% +0.00
TMO Thermo Fisher Scientific Inc. Add +1.5% 1.23% −0.03
PG The Procter & Gamble Co. Add +0.2% 1.54% −0.07
XYL Xylem Inc. Add +1.6% 1.51% −0.09
MDT Medtronic PLC Add +1.3% 0.90% −0.14
CMCSA Comcast Corp. Class A Add +1.8% 0.69% −0.15
MSFT Microsoft Corp. Add +0.3% 3.08% −0.16
PEP Pepsico Inc. Add +1.2% 1.03% −0.21
VZ Verizon Communications Inc. Add +0.3% 1.03% −0.26
LMT Lockheed Martin Corp. Add +0.1% 1.27% −0.33

Notes & Other Activity Q1 2026 → Q2 2026
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -1.0% 99,820 $5.5M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 120$447.1MIVV, GOOGL, CSCO, AAPL, MSFT
Q1 2026Amended 114$421.0MIVV, WMT, MSFT, GOOGL, AAPL
Q4 2025Amended 120$433.7MIVV, MSFT, AAPL, GOOGL, WMT
Q3 2025Amended 119$453.4MMSFT, IVV, AAPL, WMT, GOOGL
Q2 2025Amended 116$419.4MMSFT, IVV, WMT, AAPL, MA
Q1 2025Amended 116$405.1MIVV, MSFT, AAPL, MA, WMT
Q4 2024Amended 115$409.7MIVV, MSFT, AAPL, WMT, MA
Q3 2024Amended 115$428.2MIVV, MSFT, AAPL, WMT, MA
Q2 2024 114$395.5MMSFT, IVV, AAPL, TSCO, MA
Q1 2024 116$404.6MMSFT, IVV, MA, AAPL, TSCO