Boston Trust Walden Corp

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 17, 2025), Boston Trust Walden Corp reported 391 stock positions worth $13.6 billion. Its top holding was Microsoft (MSFT) at 4.0% of the portfolio, followed by Apple (AAPL, 3.0%) and JPMorgan Chase (JPM, 1.9%). Compared with Q2 2025, it opened 29 new positions, sold out of 12, added to 86 and reduced 204. The biggest buy was a new position in Globus Medical Class A (GMED) and the biggest sale Waters (WAT, shares −58%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001534866
Portfolio Value
$13.6B (Q3 2025)
SEC Filing
0001534866-25-000014 ↗ filed Oct 17, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $14.0B Q1 2024 Q2 2024: $13.5B Q2 2024 Q3 2024: $14.4B Q3 2024 Q4 2024: $14.3B Q4 2024 Q1 2025: $13.7B Q1 2025 Q2 2025: $14.0B Q2 2025 Q3 2025: $13.6B $13.6B Q3 2025 Q4 2025: $13.2B Q4 2025 Q1 2026: $12.2B Q1 2026 Q2 2026: $13.1B Q2 2026

Holdings 391 stocks · $13.6B

MSFT Microsoft Corp. 4.01% 1,054,523 $546.2M Reduce -7.2%
AAPL Apple Inc. 2.98% 1,597,030 $406.7M Reduce -9.0%
JPM JPMorgan Chase & Co. 1.91% 825,787 $260.5M Reduce -13.6%
GOOGL Alphabet Inc. Class A 1.89% 1,057,221 $257.0M Reduce -15.4%
GOOG Alphabet Inc. Class C 1.66% 931,257 $226.8M Reduce -12.7%
DCI Donaldson Co. Inc. 1.62% 2,702,725 $221.2M Reduce -4.4%
NVDA Nvidia Corp. 1.36% 995,861 $185.8M Add +3.2%
V Visa Inc. Class A 1.28% 509,138 $173.8M Reduce -7.4%
ATR Aptargroup Inc. 1.21% 1,234,354 $165.0M Add +16.4%
QLYS Qualys Inc. 1.11% 1,146,289 $151.7M Add +0.7%
HUBB Hubbell Inc. 1.11% 350,616 $150.9M Reduce -4.9%
ORCL Oracle Corp. 1.04% 506,419 $142.4M Reduce -12.3%
CFR Cullen/Frost Bankers Inc. 1.02% 1,091,937 $138.4M Reduce -0.8%
ADP Automatic Data Processing 1.01% 470,778 $138.2M Reduce -5.4%
WTS Watts Water Technologies-A 0.98% 477,613 $133.4M Reduce -7.9%
JNJ Johnson & Johnson 0.97% 714,594 $132.5M Reduce -29.6%
AIT Applied Industrial Tech Inc. 0.97% 503,977 $131.6M Reduce -0.8%
CINF Cincinnati Financial Corp. 0.91% 785,456 $124.2M Reduce -5.8%
EXLS Exlservice Holdings Inc. 0.88% 2,721,159 $119.8M Reduce -0.9%
COST Costco Wholesale Corp. 0.85% 125,264 $115.9M Reduce -3.3%
CBSH Commerce Bancshares Inc. 0.83% 1,903,362 $113.7M Add +28.3%
ACN Accenture PLC Class A 0.83% 458,658 $113.1M Reduce -15.3%
CHH Choice Hotels Intl Inc. 0.82% 1,046,784 $111.9M Add +8.4%
AYI Acuity Inc. 0.81% 319,092 $109.9M Add +10.2%
SYK Stryker Corp. 0.78% 287,909 $106.4M Reduce -7.1%
CHE Chemed Corp. 0.77% 234,466 $105.0M Reduce -5.2%
WTRG Essential Utilities Inc. 0.77% 2,624,985 $104.7M Add +3.1%
STAG Stag Industrial Inc. 0.76% 2,945,459 $103.9M Reduce -0.7%
COO The Cooper Cos Inc. 0.75% 1,494,960 $102.5M Add +2.0%
AMAT Applied Materials Inc. 0.71% 472,897 $96.8M Reduce -19.2%
CB Chubb Ltd. 0.71% 342,404 $96.6M Reduce -17.9%
ALLE Allegion PLC 0.70% 535,932 $95.0M Reduce -19.8%
MGY Magnolia Oil & Gas Corp. Class A 0.69% 3,942,736 $94.1M Reduce -1.5%
CVCO Cavco Industries Inc. 0.69% 161,573 $93.8M Reduce -1.0%
SEIC Sei Investments Company 0.69% 1,105,409 $93.8M Reduce -19.3%
CSCO Cisco Systems Inc. 0.68% 1,356,109 $92.8M Reduce -18.0%
SMPL The Simply Good Foods Co. 0.64% 3,520,960 $87.4M Add +16.1%
ROST Ross Stores Inc. 0.64% 571,274 $87.1M Reduce -12.0%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.63% 924,785 $86.2M Add +7.3%
IBOC International Bancshares CRP 0.63% 1,249,399 $85.9M Reduce -11.1%
PRGS Progress Software Corp. 0.63% 1,950,676 $85.7M Add +8.6%
OGS One Gas Inc. 0.62% 1,048,225 $84.8M Reduce -2.1%
TER Teradyne Inc. 0.62% 611,282 $84.1M Add +43.0%
JLL Jones Lang Lasalle Inc. 0.62% 281,054 $83.8M Reduce -8.2%
FDS Factset Research Systems Inc. 0.61% 290,323 $83.2M Reduce -2.4%
NDSN Nordson Corp. 0.59% 355,833 $80.8M Add +0.1%
AXP American Express Co. 0.59% 242,786 $80.6M Reduce -18.3%
STE Steris PLC 0.59% 324,264 $80.2M Add +0.1%
UNP Union Pacific Corp. 0.59% 337,463 $79.8M Reduce -19.8%
PEP Pepsico Inc. 0.58% 565,525 $79.4M Reduce -23.1%
AFG American Financial Group Inc. 0.58% 543,282 $79.2M Reduce -6.4%
DLB Dolby Laboratories Inc. Class A 0.58% 1,088,185 $78.8M Reduce -0.9%
MEDP Medpace Holdings Inc. 0.57% 151,200 $77.7M Add +0.1%
SYY Sysco Corp. 0.57% 941,537 $77.5M Reduce -15.8%
RPM RPM International Inc. 0.56% 652,716 $76.9M Add +8.5%
CBOE Cboe Global Markets Inc. 0.56% 313,480 $76.9M Reduce -7.1%
SNA Snap-on Inc. 0.56% 221,318 $76.7M Reduce -9.7%
CHKP Check Point Software Tech 0.56% 368,051 $76.2M Reduce -5.1%
DE Deere & Co. 0.56% 165,595 $75.7M Reduce -17.0%
XOM Exxon Mobil Corp. 0.55% 667,638 $75.3M Reduce -1.7%
AZO AutoZone Inc. 0.55% 17,326 $74.3M Reduce -18.9%
IDCC Interdigital Inc. 0.54% 215,145 $74.3M Reduce -19.5%
MKC McCormick & Co.-Non VTG SHRS 0.54% 1,109,954 $74.3M Add +2.5%
NTRS Northern Trust Corp. 0.54% 547,936 $73.8M Reduce -37.6%
IDA Idacorp Inc. 0.53% 551,363 $72.9M Reduce -2.7%
LECO Lincoln Electric Holdings 0.53% 308,739 $72.8M Reduce -9.2%
AM Antero Midstream Corp. 0.53% 3,738,016 $72.7M Add +5.5%
LFUS Littelfuse Inc. 0.52% 273,866 $70.9M Reduce -1.0%
META Meta Platforms Inc. Class A 0.52% 95,612 $70.2M Add +4.2%
SLGN Silgan Holdings Inc. 0.51% 1,629,030 $70.1M Reduce -1.1%
AOS Smith (a.o.) Corp. 0.51% 946,625 $69.5M Add +15.1%
TEL Te Connectivity PLC 0.50% 310,613 $68.2M Reduce -7.6%
GMED Globus Medical Inc. Class A 0.50% 1,185,461 $67.9M New
PAYC Paycom Software Inc. 0.49% 319,920 $66.6M Reduce -0.1%
PG The Procter & Gamble Co. 0.48% 428,798 $65.9M Reduce -16.3%
IBP Installed Building Products 0.48% 266,893 $65.8M Reduce -9.4%
ZBH Zimmer Biomet Holdings Inc. 0.48% 660,128 $65.0M Reduce -4.8%
AMZN Amazon.com Inc. 0.47% 294,759 $64.7M Reduce -0.2%
WSM Williams-Sonoma Inc. 0.47% 327,950 $64.1M Reduce -6.3%
APD Air Products & Chemicals Inc. 0.47% 234,116 $63.8M Reduce -7.7%
IEX Idex Corp. 0.46% 382,246 $62.2M Add +0.2%
ATO Atmos Energy Corp. 0.45% 360,997 $61.6M Add +13.4%
HALO Halozyme Therapeutics Inc. 0.45% 833,893 $61.2M Reduce -1.3%
EXPD Expeditors Intl Wash Inc. 0.44% 490,546 $60.1M Reduce -0.2%
CNS Cohen & Steers Inc. 0.44% 912,615 $59.9M Reduce -1.1%
FFIV F5 Inc. 0.44% 183,983 $59.5M Reduce -12.4%
NTAP Netapp Inc. 0.43% 499,063 $59.1M Reduce -7.7%
BMI Badger Meter Inc. 0.43% 330,039 $58.9M Add +43.7%
MZTI The Marzetti Company 0.43% 339,978 $58.7M Reduce -1.3%
FELE Franklin Electric Co. Inc. 0.43% 616,260 $58.7M Reduce -1.2%
BLD Topbuild Corp. 0.43% 149,200 $58.3M Reduce -0.1%
NYT New York Times Co. Class A 0.43% 1,014,096 $58.2M New
KLAC KLA Corp. 0.42% 53,432 $57.6M Reduce -10.9%
LOW Lowe's Cos Inc. 0.42% 227,389 $57.1M Reduce -15.2%
EWBC East West Bancorp Inc. 0.42% 532,320 $56.7M Reduce -7.0%
DOX Amdocs Ltd. 0.41% 678,618 $55.7M Reduce -0.1%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.41% 372,776 $55.5M Add +34.7%
MSM MSC Industrial Direct Co. Class A 0.40% 592,478 $54.6M Reduce -1.6%
CSGS CSG Systems Intl Inc. 0.40% 843,455 $54.3M Reduce -13.6%
JAZZ Jazz Pharmaceuticals PLC 0.40% 408,827 $53.9M Add +0.2%

Show all 391 holdings

Portfolio Sells Q2 2025 → Q3 2025

WAT Waters Corp. Reduce -58.4% 0.27% −0.46
FDS Factset Research Systems Inc. Reduce -2.4% 0.61% −0.34
COLM Columbia Sportswear Co. Reduce -57.4% 0.20% −0.33
ACN Accenture PLC Class A Reduce -15.3% 0.83% −0.32
SIGI Selective Insurance Group Reduce -44.4% 0.37% −0.32
EVR Evercore Inc. Class A Reduce -82.4% 0.09% −0.30
INDB Independent Bank Corp. Sold out 0.00% −0.26
CLX Clorox Company Reduce -99.0% 0.00% −0.26
MTX Minerals Technologies Inc. Sold out 0.00% −0.26
NTRS Northern Trust Corp. Reduce -37.6% 0.54% −0.25
HAE Haemonetics Corp. Reduce -12.2% 0.34% −0.24
SEIC Sei Investments Company Reduce -19.3% 0.69% −0.19
DE Deere & Co. Reduce -17.0% 0.56% −0.17
CB Chubb Ltd. Reduce -17.9% 0.71% −0.15
CSCO Cisco Systems Inc. Reduce -18.0% 0.68% −0.14
INMD Inmode Ltd. Sold out 0.00% −0.14
JNJ Johnson & Johnson Reduce -29.6% 0.97% −0.13
SLGN Silgan Holdings Inc. Reduce -1.1% 0.51% −0.12
UPS United Parcel Service Class B Reduce -21.3% 0.24% −0.12
V Visa Inc. Class A Reduce -7.4% 1.28% −0.12
CMCSA Comcast Corp. Class A Reduce -27.2% 0.23% −0.12
ICUI Icu Medical Inc. Sold out 0.00% −0.11
PEP Pepsico Inc. Reduce -23.1% 0.58% −0.11
UNP Union Pacific Corp. Reduce -19.8% 0.59% −0.11
FLO Flowers Foods Inc. Reduce -23.8% 0.18% −0.10
PG The Procter & Gamble Co. Reduce -16.3% 0.48% −0.10
PBH Prestige Consumer Healthcare Reduce -1.8% 0.36% −0.10
SYK Stryker Corp. Reduce -7.1% 0.78% −0.09
CRVL Corvel Corp. Reduce -1.4% 0.30% −0.09
ACLS Axcelis Technologies Inc. Reduce -45.6% 0.33% −0.09
CHE Chemed Corp. Reduce -5.2% 0.77% −0.09
TDC Teradata Corp. Reduce -27.1% 0.23% −0.09
AXP American Express Co. Reduce -18.3% 0.59% −0.08
SXT Sensient Technologies Corp. Reduce -22.3% 0.27% −0.08
ADP Automatic Data Processing Reduce -5.4% 1.01% −0.08
POWI Power Integrations Inc. Reduce -1.5% 0.21% −0.08
LULU Lululemon Athletica Inc. Reduce -12.2% 0.16% −0.08
UFPT Ufp Technologies Inc. Reduce -1.4% 0.37% −0.08
ES Eversource Energy Reduce -26.4% 0.37% −0.07
ANSS Ansys Inc. Sold out 0.00% −0.07
MRK Merck & Co. Inc. Reduce -25.1% 0.30% −0.07
JPM JPMorgan Chase & Co. Reduce -13.6% 1.91% −0.06
BKNG Booking Holdings Inc. Reduce -11.0% 0.38% −0.06
DGX Quest Diagnostics Inc. Reduce -64.2% 0.04% −0.06
COST Costco Wholesale Corp. Reduce -3.3% 0.85% −0.06
QCOM Qualcomm Inc. Reduce -25.2% 0.26% −0.06
GWW WW Grainger Inc. Reduce -9.3% 0.37% −0.06
SLB SLB Ltd. Reduce -46.9% 0.08% −0.06
CL Colgate-Palmolive Co. Reduce -32.0% 0.10% −0.06
UNH Unitedhealth Group Inc. Reduce -23.6% 0.40% −0.06

Portfolio Buys Q2 2025 → Q3 2025

GMED Globus Medical Inc. Class A New 0.50% +0.50
NYT New York Times Co. Class A New 0.43% +0.43
TER Teradyne Inc. Add +43.0% 0.62% +0.34
GDDY GoDaddy Inc. Class A New 0.31% +0.31
SFM Sprouts Farmers Market Inc. Add +1588.1% 0.32% +0.29
NVDA Nvidia Corp. Add +3.2% 1.36% +0.28
MEDP Medpace Holdings Inc. Add +0.1% 0.57% +0.23
FTNT Fortinet Inc. New 0.22% +0.22
TRNO Terreno Realty Corp. New 0.20% +0.20
BIO Bio-Rad Laboratories-A New 0.20% +0.20
AYI Acuity Inc. Add +10.2% 0.81% +0.19
CBSH Commerce Bancshares Inc. Add +28.3% 0.83% +0.18
LKFN Lakeland Financial Corp. New 0.18% +0.18
PSMT Pricesmart Inc. New 0.16% +0.16
TMO Thermo Fisher Scientific Inc. Add +1490.0% 0.14% +0.14
AOS Smith (a.o.) Corp. Add +15.1% 0.51% +0.13
INGR Ingredion Inc. Add +6842.9% 0.12% +0.12
CRL Charles River Laboratories Add +36.4% 0.35% +0.11
CPT Camden Property Trust Add +44.8% 0.36% +0.10
ATO Atmos Energy Corp. Add +13.4% 0.45% +0.10
WTRG Essential Utilities Inc. Add +3.1% 0.77% +0.09
RPM RPM International Inc. Add +8.5% 0.56% +0.09
JAZZ Jazz Pharmaceuticals PLC Add +0.2% 0.40% +0.09
CPK Chesapeake Utilities Corp. Add +13.3% 0.32% +0.07
WEC WEC Energy Group Inc. Add +42.8% 0.17% +0.06
VOO Vanguard S&P 500 ETF Add +22.1% 0.24% +0.06
MS Morgan Stanley Add +20.8% 0.21% +0.06
AM Antero Midstream Corp. Add +5.5% 0.53% +0.05
ATEN A10 Networks Inc. Add +22.1% 0.35% +0.05
JKHY Jack Henry & Associates Inc. Add +34.7% 0.41% +0.05
GPK Graphic Packaging Holding Co. Add +33.5% 0.23% +0.05
NDSN Nordson Corp. Add +0.1% 0.59% +0.05
STE Steris PLC Add +0.1% 0.59% +0.03
META Meta Platforms Inc. Class A Add +4.2% 0.52% +0.03
VSGX Vanguard ESG Intl Stock ETF Add +15.8% 0.15% +0.03
BMI Badger Meter Inc. Add +43.7% 0.43% +0.03
PYPL PayPal Holdings Inc. New 0.03% +0.03
MAS Masco Corp. Add +0.1% 0.27% +0.03
OII Oceaneering Intl Inc. Add +13.1% 0.11% +0.03
ATR Aptargroup Inc. Add +16.4% 1.21% +0.03
MTD Mettler-Toledo International Add +0.2% 0.38% +0.03
TJX TJX Companies Inc. Add +0.3% 0.10% +0.02
AVGO Broadcom Inc. Add +0.9% 0.06% +0.01
ABBV Abbvie Inc. Add +0.2% 0.04% +0.01
COO The Cooper Cos Inc. Add +2.0% 0.75% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +18.3% 0.04% +0.01
ITOT iShares Core S&P Total U.S. New 0.01% +0.01
UTL Unitil Corp. Add +10.6% 0.15% +0.01
IVV iShares Core S&P 500 ETF Add +29.3% 0.02% +0.00
ASML ASML Holding NV-NY Reg SHS New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 396$13.1BAAPL, MSFT, GOOGL, GOOG, NVDA
Q1 2026 388$12.2BAAPL, MSFT, GOOGL, GOOG, JPM
Q4 2025 383$13.2BMSFT, AAPL, GOOGL, GOOG, JPM
Q3 2025 391$13.6BMSFT, AAPL, JPM, GOOGL, GOOG
Q2 2025 374$14.0BMSFT, AAPL, JPM, GOOGL, DCI
Q1 2025 372$13.7BMSFT, AAPL, JPM, V, GOOGL
Q4 2024 379$14.3BMSFT, AAPL, GOOGL, JPM, GOOG
Q3 2024 382$14.4BMSFT, AAPL, GOOGL, ATR, JPM
Q2 2024 378$13.5BMSFT, AAPL, GOOGL, GOOG, JPM
Q1 2024 372$14.0BMSFT, AAPL, GOOGL, JPM, ACN