Bowen Hanes & Co. Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Bowen Hanes & Co. Inc. reported 147 stock positions worth $3.6 billion. Its top holding was Costco Wholesale (COST) at 3.4% of the portfolio, followed by Netflix (NFLX, 3.2%) and Apple (AAPL, 3.1%). Compared with Q4 2024, it opened 9 new positions, sold out of 12, added to 34 and reduced 60. The biggest buy was a new position in GE Vernova (GEV) and the biggest sale Salesforce (CRM, shares −94%).

Most Recent 13F
Q2 2026
Location
PONTE VEDRA BEACH, FL
CIK
0001077583
Portfolio Value
$3.6B (Q1 2025)
SEC Filing
0001077583-25-000004 ↗ filed May 14, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $3.5B Q1 2024 Q2 2024: $3.6B Q2 2024 Q3 2024: $3.8B Q3 2024 Q4 2024: $3.7B Q4 2024 Q1 2025: $3.6B $3.6B Q1 2025 Q2 2025: $4.0B Q2 2025 Q3 2025: $4.0B Q3 2025 Q4 2025: $4.0B Q4 2025 Q1 2026: $4.1B Q1 2026 Q2 2026: $4.1B Q2 2026

Holdings 147 stocks · $3.6B
COST Costco Wholesale Corp. 3.35% 127,509 $120.6M Reduce -1.1%
NFLX Netflix Inc. 3.18% 122,603 $114.3M Reduce -5.7%
AAPL Apple Inc. 3.10% 502,082 $111.5M Add +0.6%
LLY Eli Lilly & Co. 2.94% 128,055 $105.8M Reduce -0.4%
NVDA Nvidia Corp. 2.88% 953,910 $103.4M Reduce -5.0%
TDY Teledyne Technologies Inc. 2.55% 184,387 $91.8M Add +0.8%
ISRG Intuitive Surgical Inc. 2.54% 184,315 $91.3M Reduce -0.3%
MSFT Microsoft Corp. 2.50% 239,345 $89.8M Reduce -0.4%
AXP American Express Co. 2.49% 332,134 $89.4M Reduce -1.3%
VRTX Vertex Pharmaceuticals Inc. 2.41% 178,909 $86.7M Reduce -0.9%
PANW Palo Alto Networks Inc. 2.41% 507,026 $86.5M Add +0.0%
SPGI S&P Global Inc. 2.21% 156,322 $79.4M Reduce -0.3%
HD Home Depot Inc. 2.14% 210,124 $77.0M Add +0.6%
V Visa Inc. Class A 2.09% 214,360 $75.1M Reduce -3.0%
MSI Motorola Solutions Inc. 2.06% 169,330 $74.1M Reduce -0.3%
ATI Ati Inc. 1.98% 1,371,335 $71.4M Add +0.3%
UNP Union Pacific Corp. 1.97% 299,548 $70.8M Add +3.4%
DE Deere & Co. 1.92% 147,027 $69.0M Reduce -0.9%
JPM JPMorgan Chase & Co. 1.89% 277,434 $68.1M Add +5.0%
PG The Procter & Gamble Co. 1.86% 392,370 $66.9M Reduce -0.2%
GLW Corning Inc. 1.86% 1,458,369 $66.8M Add +1.0%
AMZN Amazon.com Inc. 1.84% 348,522 $66.3M Add +5.2%
TMO Thermo Fisher Scientific Inc. 1.79% 129,667 $64.5M Add +1.3%
BX Blackstone Inc. 1.69% 435,821 $60.9M Add +0.0%
ADP Automatic Data Processing 1.66% 195,667 $59.8M Reduce -4.3%
TXN Texas Instruments Inc. 1.63% 325,564 $58.5M Reduce -0.3%
PH Parker Hannifin Corp. 1.60% 94,840 $57.6M Add +17.3%
RSG Republic Services Inc. 1.60% 237,260 $57.5M Add +5.6%
FICO Fair Isaac Corp. 1.54% 30,000 $55.3M No change
TTEK Tetra Tech Inc. 1.51% 1,855,675 $54.3M Reduce -8.4%
GEV GE Vernova Inc. 1.50% 176,903 $54.0M New
WELL Welltower Inc. 1.48% 346,281 $53.1M No change
ETN Eaton Corp. PLC 1.47% 194,480 $52.9M Add +11.7%
CHD Church & Dwight Co. Inc. 1.47% 479,639 $52.8M Reduce -0.0%
MRSH Marsh & McLennan Cos 1.43% 210,821 $51.4M Reduce -2.0%
GRMN Garmin Ltd. 1.36% 225,015 $48.9M Reduce -0.2%
WPM Wheaton Precious Metals Corp. 1.22% 566,050 $43.9M Reduce -13.4%
TSLA Tesla Inc. 1.21% 168,015 $43.5M Add +0.1%
BMI Badger Meter Inc. 1.19% 224,050 $42.6M Add +0.7%
TMUS T-Mobile US Inc. 1.17% 158,050 $42.2M Add +518.6%
BSX Boston Scientific Corp. 1.14% 406,060 $41.0M Add +13.7%
P Everpure Inc. Class A filed as PURE STORAGE INC 1.11% 900,000 $39.8M No change
NDSN Nordson Corp. 1.11% 197,299 $39.8M Add +13.0%
FISV Fiserv Inc. 1.02% 165,500 $36.5M New
SUN Sunoco LP 0.97% 600,000 $34.8M No change
EPD Enterprise Products Partners 0.97% 1,018,000 $34.8M No change
HWKN Hawkins Inc. 0.91% 307,170 $32.5M Reduce -0.0%
WY Weyerhaeuser Co. 0.84% 1,035,758 $30.3M Add +6.2%
ASML ASML Holding NV-NY Reg SHS 0.80% 43,500 $28.8M New
RYCEY Rolls-Royce Holdings-SP ADR 0.77% 2,832,000 $27.8M New
PLD Prologis Inc. 0.74% 238,570 $26.7M Add +0.8%
CCJ Cameco Corp. 0.71% 620,675 $25.5M Reduce -14.8%
EQIX Equinix Inc. 0.68% 30,000 $24.5M No change
BIP Brookfield Infrastructure Pa 0.62% 744,748 $22.2M No change
BEP Brookfield Renewable Partner 0.48% 780,705 $17.3M Add +0.4%
SPH Suburban Propane Partners LP 0.48% 816,000 $17.1M No change
MAA Mid-America Apartment Comm 0.47% 100,000 $16.8M New
EXR Extra Space Storage Inc. 0.46% 111,750 $16.6M No change
MA Mastercard Inc. Class A 0.40% 26,350 $14.4M Add +7.7%
ET Energy Transfer LP 0.36% 700,000 $13.0M Add +27.3%
ULS Ul Solutions Inc. Class A 0.33% 210,000 $11.8M New
SCHW Schwab (charles) Corp. 0.33% 150,606 $11.8M Reduce -74.7%
HON Honeywell International Inc. 0.31% 52,238 $11.1M Reduce -2.5%
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.29% 140,000 $10.3M New
KKR KKR & Co. Inc. 0.27% 84,930 $9.8M Add +109.4%
AVY Avery Dennison Corp. 0.24% 48,268 $8.6M Reduce -79.8%
CAT Caterpillar Inc. 0.23% 25,409 $8.4M Reduce -34.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.20% 28,670 $7.1M Add +157.6%
GOOG Alphabet Inc. Class C 0.19% 44,353 $6.9M Add +0.5%
XYL Xylem Inc. 0.19% 57,047 $6.8M Reduce 0.0%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.18% 75,000 $6.5M New
JNJ Johnson & Johnson 0.18% 38,554 $6.4M Reduce -5.2%
MKC McCormick & Co.-Non VTG SHRS 0.18% 77,290 $6.4M Reduce -3.4%
WM Waste Management Inc. 0.17% 26,429 $6.1M Add +0.1%
ZTS Zoetis Inc. 0.14% 30,375 $5.0M Reduce -5.5%
WMT Walmart Inc. 0.14% 56,240 $4.9M Add +0.5%
PEP Pepsico Inc. 0.13% 30,215 $4.5M Reduce -25.6%
CNQ Canadian Natural Resources 0.12% 140,800 $4.3M Reduce -0.2%
CL Colgate-Palmolive Co. 0.12% 45,962 $4.3M Reduce -0.7%
LMT Lockheed Martin Corp. 0.11% 8,813 $3.9M Reduce -39.2%
CNI Canadian Natl Railway Co. 0.11% 39,902 $3.9M Reduce -21.8%
NEE Nextera Energy Inc. 0.09% 47,414 $3.4M Reduce 0.0%
EMR Emerson Electric Co. 0.09% 30,105 $3.3M No change
LHX L3HARRIS Technologies Inc. 0.09% 15,030 $3.1M Reduce -0.8%
MAR Marriott International Class A 0.08% 12,438 $3.0M No change
ABBV Abbvie Inc. 0.08% 13,310 $2.8M Add +28.7%
CSCO Cisco Systems Inc. 0.07% 42,665 $2.6M No change
ORCL Oracle Corp. 0.07% 18,758 $2.6M Add +0.3%
CB Chubb Ltd. 0.07% 8,425 $2.5M Add +5.0%
MCD McDonald's Corp. 0.07% 7,817 $2.4M Reduce -0.0%
CP Canadian Pacific Kansas City 0.07% 34,517 $2.4M No change
ADBE Adobe Inc. 0.07% 6,148 $2.4M Reduce -1.1%
VMC Vulcan Materials Co. 0.06% 8,624 $2.0M Add +0.2%
AWK American Water Works Co. Inc. 0.05% 13,023 $1.9M Reduce -0.0%
KO The Coca-Cola Co. 0.05% 25,452 $1.8M Reduce -3.5%
CRM Salesforce Inc. 0.05% 6,525 $1.8M Reduce -94.3%
ROK Rockwell Automation Inc. 0.05% 6,735 $1.7M Reduce -1.5%
TT Trane Technologies PLC 0.05% 5,135 $1.7M No change
ACN Accenture PLC Class A 0.05% 5,376 $1.7M Reduce -51.8%
GOOGL Alphabet Inc. Class A 0.04% 10,193 $1.6M Reduce -4.7%
CVX Chevron Corp. 0.04% 8,893 $1.5M No change
GEHC GE Healthcare Technology 0.04% 18,345 $1.5M Reduce -2.6%
UPS United Parcel Service Class B 0.04% 13,291 $1.5M Reduce -30.5%
VZ Verizon Communications Inc. 0.04% 30,824 $1.4M No change
KMB Kimberly-Clark Corp. 0.04% 9,469 $1.3M Reduce -1.8%
MDT Medtronic PLC 0.04% 14,654 $1.3M Reduce -34.6%
CHKP Check Point Software Tech 0.03% 5,450 $1.2M No change
PFE Pfizer Inc. 0.03% 46,184 $1.2M No change
BEPC Brookfield Renewable Corp. 0.03% 38,742 $1.1M Reduce -11.9%
IP International Paper Co. 0.03% 19,370 $1.0M No change
FDX FedEx Corp. 0.03% 4,120 $1.0M Reduce -1.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 9,070 $895K Reduce -2.7%
APD Air Products & Chemicals Inc. 0.02% 2,998 $884K Reduce -0.1%
VRT Vertiv Holdings Co. Class A 0.02% 12,000 $866K Reduce -94.8%
CMI Cummins Inc. 0.02% 2,400 $752K No change
LOW Lowe's Cos Inc. 0.02% 3,083 $719K Add +3.4%
BDX Becton Dickinson and Co. 0.02% 3,052 $699K No change
RTX RTX Corp. 0.02% 5,258 $696K No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.02% 14,267 $677K No change
DUK Duke Energy Corp. 0.02% 5,543 $676K No change
SNA Snap-on Inc. 0.02% 1,870 $630K No change
EFX Equifax Inc. 0.02% 2,486 $605K No change
TSM Taiwan Semiconductor-SP ADR 0.02% 3,290 $546K No change
STT State Street Corp. 0.01% 6,038 $541K No change
FMC FMC Corp. 0.01% 12,464 $526K Reduce -64.7%
BA The Boeing Co. 0.01% 2,950 $503K No change
KMI Kinder Morgan Inc. 0.01% 17,375 $496K Reduce -86.5%
AON Aon Corp.-W/I filed as AON PLC 0.01% 1,035 $413K No change
CCI Crown Castle Inc. 0.01% 3,895 $406K New
XOM Exxon Mobil Corp. 0.01% 3,305 $393K No change
RHHBY Roche Holdings Ltd.-Spons ADR 0.01% 9,550 $393K No change
COF Capital One Financial Corp. 0.01% 2,174 $390K No change
NSC Norfolk Southern Corp. 0.01% 1,625 $385K No change
MMM 3M Co. 0.01% 2,495 $366K Reduce -3.9%
ABT Abbott Laboratories 0.01% 2,702 $358K No change
DD Dupont DE Nemours Inc. 0.01% 4,600 $344K No change
GNRC Generac Holdings Inc. 0.01% 2,520 $319K No change
MDLZ Mondelez International Inc. Class A 0.01% 4,445 $302K No change
IR Ingersoll-Rand Inc. 0.01% 3,704 $296K No change
MFC Manulife Financial Corp. 0.01% 9,205 $287K Reduce -37.4%
SONY Sony Group Corp. - SP ADR 0.01% 10,695 $272K No change
REGN Regeneron Pharmaceuticals 0.01% 415 $263K Reduce -10.8%
ADSK Autodesk Inc. 0.01% 1,000 $262K No change
Citigroup Inc 0.01% 3,220 $229K No change
PNC PNC Financial Services Group 0.01% 1,228 $216K Reduce -0.8%
NICE Nice Ltd. - Spon ADR 0.01% 1,400 $216K No change
OMC Omnicom Group 0.01% 2,500 $207K No change

Portfolio Sells Q4 2024 → Q1 2025
CRM Salesforce Inc. Reduce -94.3% 0.05% −0.98
AVY Avery Dennison Corp. Reduce -79.8% 0.24% −0.96
FN Fabrinet Sold out 0.00% −0.87
SCHW Schwab (charles) Corp. Reduce -74.7% 0.33% −0.85
NVDA Nvidia Corp. Reduce -5.0% 2.88% −0.74
ITRI Itron Inc. Sold out 0.00% −0.74
VRT Vertiv Holdings Co. Class A Reduce -94.8% 0.02% −0.68
BWXT BWX Technologies Inc. Sold out 0.00% −0.68
TTEK Tetra Tech Inc. Reduce -8.4% 1.51% −0.65
MCK McKesson Corp. Sold out 0.00% −0.53
AMT American Tower Corp. Sold out 0.00% −0.42
CCJ Cameco Corp. Reduce -14.8% 0.71% −0.29
MSFT Microsoft Corp. Reduce -0.4% 2.50% −0.22
AXP American Express Co. Reduce -1.3% 2.49% −0.19
CAT Caterpillar Inc. Reduce -34.5% 0.23% −0.14
HWKN Hawkins Inc. Reduce -0.0% 0.91% −0.11
LAND Gladstone Land Corp. Sold out 0.00% −0.10
KMI Kinder Morgan Inc. Reduce -86.5% 0.01% −0.08
LMT Lockheed Martin Corp. Reduce -39.2% 0.11% −0.08
ACN Accenture PLC Class A Reduce -51.8% 0.05% −0.06
ISRG Intuitive Surgical Inc. Reduce -0.3% 2.54% −0.05
MSI Motorola Solutions Inc. Reduce -0.3% 2.06% −0.04
PEP Pepsico Inc. Reduce -25.6% 0.13% −0.04
ITT Itt Inc. Sold out 0.00% −0.03
FMC FMC Corp. Reduce -64.7% 0.01% −0.03
CNI Canadian Natl Railway Co. Reduce -21.8% 0.11% −0.03
UPS United Parcel Service Class B Reduce -30.5% 0.04% −0.02
NSRGY Nestle SA-Spons ADR Sold out 0.00% −0.02
HON Honeywell International Inc. Reduce -2.5% 0.31% −0.02
TXN Texas Instruments Inc. Reduce -0.3% 1.63% −0.01
MDT Medtronic PLC Reduce -34.6% 0.04% −0.01
GOOGL Alphabet Inc. Class A Reduce -4.7% 0.04% −0.01
ADBE Adobe Inc. Reduce -1.1% 0.07% −0.01
BHP BHP Group Ltd.-Spon ADR Sold out 0.00% −0.01
MRK Merck & Co. Inc. Sold out 0.00% −0.01
A Agilent Technologies Inc. Sold out 0.00% −0.01
ITW Illinois Tool Works Sold out 0.00% −0.01
MFC Manulife Financial Corp. Reduce -37.4% 0.01% −0.00
ROK Rockwell Automation Inc. Reduce -1.5% 0.05% −0.00
FDX FedEx Corp. Reduce -1.6% 0.03% −0.00
DIS The Walt Disney Co. Reduce -2.7% 0.02% −0.00
BEPC Brookfield Renewable Corp. Reduce -11.9% 0.03% −0.00
REGN Regeneron Pharmaceuticals Reduce -10.8% 0.01% −0.00
ZTS Zoetis Inc. Reduce -5.5% 0.14% −0.00
PNC PNC Financial Services Group Reduce -0.8% 0.01% −0.00
MMM 3M Co. Reduce -3.9% 0.01% +0.00
APD Air Products & Chemicals Inc. Reduce -0.1% 0.02% +0.00
GEHC GE Healthcare Technology Reduce -2.6% 0.04% +0.00
LHX L3HARRIS Technologies Inc. Reduce -0.8% 0.09% +0.00
NEE Nextera Energy Inc. Reduce 0.0% 0.09% +0.00

Portfolio Buys Q4 2024 → Q1 2025
GEV GE Vernova Inc. New 1.50% +1.50
TMUS T-Mobile US Inc. Add +518.6% 1.17% +1.02
FISV Fiserv Inc. New 1.02% +1.02
ASML ASML Holding NV-NY Reg SHS New 0.80% +0.80
RYCEY Rolls-Royce Holdings-SP ADR New 0.77% +0.77
MAA Mid-America Apartment Comm New 0.47% +0.47
RSG Republic Services Inc. Add +5.6% 1.60% +0.39
ULS Ul Solutions Inc. Class A New 0.33% +0.33
NHI Natl Health Investors Inc. New 0.29% +0.29
BSX Boston Scientific Corp. Add +13.7% 1.14% +0.28
TDY Teledyne Technologies Inc. Add +0.8% 2.55% +0.28
PH Parker Hannifin Corp. Add +17.3% 1.60% +0.22
UNP Union Pacific Corp. Add +3.4% 1.97% +0.20
JPM JPMorgan Chase & Co. Add +5.0% 1.89% +0.20
IRM Iron Mountain Inc. New 0.18% +0.18
IBM Intl Business Machines Corp. Add +157.6% 0.20% +0.13
NDSN Nordson Corp. Add +13.0% 1.11% +0.13
KKR KKR & Co. Inc. Add +109.4% 0.27% +0.11
WY Weyerhaeuser Co. Add +6.2% 0.84% +0.11
ET Energy Transfer LP Add +27.3% 0.36% +0.07
PLD Prologis Inc. Add +0.8% 0.74% +0.07
MA Mastercard Inc. Class A Add +7.7% 0.40% +0.06
ABBV Abbvie Inc. Add +28.7% 0.08% +0.03
WM Waste Management Inc. Add +0.1% 0.17% +0.03
GLW Corning Inc. Add +1.0% 1.86% +0.02
CCI Crown Castle Inc. New 0.01% +0.01
CB Chubb Ltd. Add +5.0% 0.07% +0.01
TMO Thermo Fisher Scientific Inc. Add +1.3% 1.79% +0.01
BEP Brookfield Renewable Partner Add +0.4% 0.48% +0.01
WMT Walmart Inc. Add +0.5% 0.14% +0.00
LOW Lowe's Cos Inc. Add +3.4% 0.02% +0.00
VMC Vulcan Materials Co. Add +0.2% 0.06% −0.00
ORCL Oracle Corp. Add +0.3% 0.07% −0.01
ATI Ati Inc. Add +0.3% 1.98% −0.03
GOOG Alphabet Inc. Class C Add +0.5% 0.19% −0.03
HD Home Depot Inc. Add +0.6% 2.14% −0.04
PANW Palo Alto Networks Inc. Add +0.0% 2.41% −0.07
ETN Eaton Corp. PLC Add +11.7% 1.47% −0.08
BMI Badger Meter Inc. Add +0.7% 1.19% −0.08
AMZN Amazon.com Inc. Add +5.2% 1.84% −0.10
AAPL Apple Inc. Add +0.6% 3.10% −0.25
BX Blackstone Inc. Add +0.0% 1.69% −0.32
TSLA Tesla Inc. Add +0.1% 1.21% −0.61

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 151$4.1BGLW, ATI, GEV, AAPL, TDY
Q1 2026 151$4.1BGLW, ATI, GEV, AAPL, TDY
Q4 2025 154$4.0BNVDA, AAPL, ATI, GLW, LLY
Q3 2025 149$4.0BNVDA, AAPL, MSFT, GLW, GEV
Q2 2025 145$4.0BNVDA, NFLX, COST, MSFT, ATI
Q1 2025 147$3.6BCOST, NFLX, AAPL, LLY, NVDA
Q4 2024 150$3.7BNVDA, AAPL, COST, NFLX, MSFT
Q3 2024 151$3.8BNVDA, AAPL, COST, LLY, MSFT
Q2 2024 149$3.6BNVDA, LLY, COST, AAPL, MSFT
Q1 2024 151$3.5BNVDA, LLY, MSFT, COST, AAPL