New England Asset Management Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), New England Asset Management Inc. reported 88 stock positions worth $618.1 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 15.6% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.7%) and iShares Core MSCI Eafe ETF (IEFA, 4.1%). Compared with Q4 2023, it opened 4 new positions, sold out of 29, added to 36 and reduced 20. The biggest buy was a new position in Lamar Advertising Class A (LAMR) and the biggest sale iShares Broad Usd High Yield (USHY, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- FARMINGTON, CT
- CIK
- 0001004244
- Portfolio Value
- $618.1M (Q1 2024)
- SEC Filing
- 0001085146-24-002609 ↗ filed May 15, 2024
Holdings Value
Holdings 88 stocks · $618.1M
| SPY SS SPDR S&P 500 ETF Trust-US | 15.60% | 184,370 | $96.4M | Reduce -1.6% |
| IVV iShares Core S&P 500 ETF | 6.66% | 78,255 | $41.1M | No change |
| IEFA iShares Core MSCI Eafe ETF | 4.12% | 342,800 | $25.4M | No change |
| VYM Vanguard High DVD Yield ETF | 3.98% | 203,450 | $24.6M | No change |
| VTI VG Morningstar TS MKT ETF-US | 2.36% | 56,165 | $14.6M | No change |
| JPM JPMorgan Chase & Co. | 2.09% | 64,375 | $12.9M | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 1.64% | 21,125 | $10.2M | No change |
| QCOM Qualcomm Inc. | 1.62% | 58,996 | $10.0M | Add +2.8% |
| NXPI NXP Semiconductors NV | 1.59% | 39,635 | $9.8M | Add +2.1% |
| SYY Sysco Corp. | 1.56% | 118,490 | $9.6M | Add +5.0% |
| KEY Keycorp | 1.54% | 600,410 | $9.5M | Add +2.2% |
| PPL PPL Corp. | 1.47% | 329,145 | $9.1M | Add +23.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.42% | 231,830 | $8.8M | Add +5.6% |
| VZ Verizon Communications Inc. | 1.41% | 206,960 | $8.7M | Add +7.3% |
| WFC Wells Fargo & Co. | 1.40% | 149,225 | $8.6M | Add +4.8% |
| PG The Procter & Gamble Co. | 1.39% | 52,930 | $8.6M | Add +5.0% |
| USB US Bancorp | 1.38% | 190,640 | $8.5M | Add +1.8% |
| LMT Lockheed Martin Corp. | 1.34% | 18,195 | $8.3M | Add +5.5% |
| JNJ Johnson & Johnson | 1.32% | 51,529 | $8.2M | Add +4.5% |
| FITB Fifth Third Bancorp | 1.31% | 217,250 | $8.1M | Add +2.1% |
| IDEV iShares Core MSCI Dev MKTS | 1.28% | 117,400 | $7.9M | No change |
| CMS CMS Energy Corp. | 1.25% | 127,780 | $7.7M | Add +5.0% |
| LAMR Lamar Advertising Co. Class A | 1.23% | 63,650 | $7.6M | New |
| DUK Duke Energy Corp. | 1.20% | 76,525 | $7.4M | Add +5.3% |
| TXN Texas Instruments Inc. | 1.18% | 42,002 | $7.3M | Reduce -4.5% |
| CSCO Cisco Systems Inc. | 1.16% | 143,801 | $7.2M | Reduce -8.5% |
| IEMG iShares Core MSCI Emerging | 1.15% | 137,400 | $7.1M | No change |
| VRSK Verisk Analytics Inc. | 1.11% | 29,000 | $6.8M | No change |
| LNT Alliant Energy Corp. | 1.10% | 135,275 | $6.8M | Add +5.2% |
| SHEL Shell PLC-ADR | 1.08% | 99,315 | $6.7M | Add +5.4% |
| CVS CVS Health Corp. | 1.04% | 80,780 | $6.4M | Add +4.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.02% | 32,910 | $6.3M | Add +6.9% |
| CVX Chevron Corp. | 1.00% | 39,175 | $6.2M | Add +5.1% |
| KO The Coca-Cola Co. | 0.99% | 100,386 | $6.1M | Add +2.1% |
| PEG Public Service Enterprise GP | 0.97% | 89,523 | $6.0M | Add +7.0% |
| MSFT Microsoft Corp. | 0.90% | 13,210 | $5.6M | Reduce -57.2% |
| DVY iShares Select Dividend ETF | 0.88% | 44,150 | $5.4M | No change |
| AMGN Amgen Inc. | 0.87% | 18,850 | $5.4M | Add +3.6% |
| EXC Exelon Corp. | 0.86% | 141,405 | $5.3M | Add +5.8% |
| CI The Cigna Group | 0.85% | 14,525 | $5.3M | New |
| AVGO Broadcom Inc. | 0.85% | 3,970 | $5.3M | Reduce -53.6% |
| RTX RTX Corp. | 0.84% | 53,240 | $5.2M | Add +4.7% |
| IJH iShares Core S&P Midcap ETF | 0.83% | 84,295 | $5.1M | No change |
| WMT Walmart Inc. | 0.82% | 84,205 | $5.1M | Add +6.4% |
| XOM Exxon Mobil Corp. | 0.82% | 43,360 | $5.0M | Add +8.4% |
| FE Firstenergy Corp. | 0.81% | 129,955 | $5.0M | Add +6.7% |
| PFE Pfizer Inc. | 0.80% | 178,098 | $4.9M | Add +4.7% |
| MRK Merck & Co. Inc. | 0.79% | 37,165 | $4.9M | Reduce -27.8% |
| ARCC Ares Capital Corp. | 0.76% | 225,900 | $4.7M | No change |
| HD Home Depot Inc. | 0.76% | 12,164 | $4.7M | Reduce -0.7% |
| ABBV Abbvie Inc. | 0.74% | 25,165 | $4.6M | Reduce -20.7% |
| T AT&T Inc. | 0.73% | 255,935 | $4.5M | Add +9.5% |
| C Citigroup Inc. | 0.67% | 65,260 | $4.1M | Add +3.9% |
| AXP American Express Co. | 0.64% | 17,500 | $4.0M | Reduce -23.3% |
| PNC PNC Financial Services Group | 0.64% | 24,310 | $3.9M | Add +4.8% |
| GBDC Golub Capital BDC Inc. | 0.63% | 232,876 | $3.9M | No change |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.61% | 48,790 | $3.8M | No change |
| TAP Molson Coors Beverage Co. Class B | 0.56% | 51,845 | $3.5M | Reduce -43.3% |
| IJR iShares Core S&P Small-Cap E | 0.55% | 30,688 | $3.4M | No change |
| CPB The Campbell's Company filed as CAMPBELL SOUP CO | 0.54% | 74,420 | $3.3M | Add +4.7% |
| MCD McDonald's Corp. | 0.53% | 11,517 | $3.2M | Reduce -33.1% |
| JNK SS SPDR BB High Yield Bond | 0.53% | 34,086 | $3.2M | No change |
| KMI Kinder Morgan Inc. | 0.50% | 169,125 | $3.1M | Add +7.0% |
| KHC The Kraft Heinz Co. | 0.50% | 83,625 | $3.1M | Add +3.0% |
| IWM iShares Russell 2000 ETF | 0.47% | 13,821 | $2.9M | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.44% | 25,000 | $2.7M | No change |
| AMJ JPMorgan Alerian MLP Index | 0.43% | 92,750 | $2.6M | No change |
| BMY Bristol-Myers Squibb Co. | 0.41% | 46,676 | $2.5M | Reduce -1.1% |
| GIS General Mills Inc. | 0.41% | 35,775 | $2.5M | Reduce -44.3% |
| CCI Crown Castle Inc. | 0.39% | 22,685 | $2.4M | Reduce -53.0% |
| CSX CSX Corp. | 0.37% | 61,500 | $2.3M | No change |
| DRI Darden Restaurants Inc. | 0.33% | 12,020 | $2.0M | Reduce -0.9% |
| PEP Pepsico Inc. | 0.32% | 11,292 | $2.0M | Add +5.6% |
| COP Conocophillips | 0.32% | 15,400 | $2.0M | No change |
| USHY iShares Broad Usd High Yield | 0.31% | 53,145 | $1.9M | Reduce -84.4% |
| EOG EOG Resources Inc. | 0.30% | 14,700 | $1.9M | No change |
| ABT Abbott Laboratories | 0.30% | 16,200 | $1.8M | Reduce -29.3% |
| TCPC BlackRock TCP Capital Corp. | 0.29% | 170,034 | $1.8M | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 7,340 | $1.7M | No change |
| MDT Medtronic PLC | 0.27% | 18,800 | $1.6M | No change |
| GOOGL Alphabet Inc. Class A | 0.26% | 10,500 | $1.6M | Reduce -42.3% |
| IEUR iShares Core MSCI Europe ETF | 0.25% | 26,290 | $1.5M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.24% | 12,200 | $1.5M | No change |
| WSC Willscot Holdings Corp. | 0.23% | 30,000 | $1.4M | No change |
| MDLZ Mondelez International Inc. Class A | 0.22% | 19,800 | $1.4M | Reduce -38.5% |
| TGT Target Corp. | 0.19% | 6,700 | $1.2M | No change |
| HON Honeywell International Inc. | 0.17% | 5,100 | $1.0M | New |
| NEM Newmont Corp. | 0.12% | 20,100 | $720K | No change |
Other holdings (2): bonds, preferreds, convertibles and warrants · $27.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 13,275 | $16.2M | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 9,435 | $11.3M | No change |
Total filed on the 13F, all lines: $645.5M.
Portfolio Sells Q4 2023 → Q1 2024
| USHY iShares Broad Usd High Yield | Reduce -84.4% | 0.31% | −1.77 |
| MSFT Microsoft Corp. | Reduce -57.2% | 0.90% | −1.05 |
| AVGO Broadcom Inc. | Reduce -53.6% | 0.85% | −0.76 |
| CCI Crown Castle Inc. | Reduce -53.0% | 0.39% | −0.55 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.41 |
| TAP Molson Coors Beverage Co. Class B | Reduce -43.3% | 0.56% | −0.38 |
| MCD McDonald's Corp. | Reduce -33.1% | 0.53% | −0.33 |
| GIS General Mills Inc. | Reduce -44.3% | 0.41% | −0.30 |
| BKCC BlackRock Capital Investment | Sold out | 0.00% | −0.29 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.20 |
| CSCO Cisco Systems Inc. | Reduce -8.5% | 1.16% | −0.18 |
| GOOGL Alphabet Inc. Class A | Reduce -42.3% | 0.26% | −0.17 |
| MDLZ Mondelez International Inc. Class A | Reduce -38.5% | 0.22% | −0.17 |
| MRK Merck & Co. Inc. | Reduce -27.8% | 0.79% | −0.15 |
| ABT Abbott Laboratories | Reduce -29.3% | 0.30% | −0.13 |
| ABBV Abbvie Inc. | Reduce -20.7% | 0.74% | −0.09 |
| TXN Texas Instruments Inc. | Reduce -4.5% | 1.18% | −0.08 |
| AXP American Express Co. | Reduce -23.3% | 0.64% | −0.07 |
| PFF iShares Preferred & Income S | Sold out | 0.00% | −0.03 |
| VGT Vanguard Info Tech ETF | Sold out | 0.00% | −0.02 |
| SPLB SS SPDR P Long Term C ETF | Sold out | 0.00% | −0.01 |
| CIBR First Trust Nasdaq Cybersecu | Sold out | 0.00% | −0.01 |
| DRI Darden Restaurants Inc. | Reduce -0.9% | 0.33% | −0.01 |
| SPTS SS SPDR P St Term TSY ETF | Sold out | 0.00% | −0.00 |
| BIV Vanguard Intermediate-Term B | Sold out | 0.00% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −0.00 |
| HYDW XTRS Low Beta Hi Yield ETF | Sold out | 0.00% | −0.00 |
| GHYB Goldman Sachs Access HY Corp. | Sold out | 0.00% | −0.00 |
| OWNS Impact Shares Affordable Hou | Sold out | 0.00% | −0.00 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −0.00 |
| BAB Invesco Taxable Municipal Bo | Sold out | 0.00% | −0.00 |
| IGLB iShares 10+ Year Inv GR Corp. | Sold out | 0.00% | −0.00 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.00 |
| NEAR iShares SH Dba ETF Usd Inc. | Sold out | 0.00% | −0.00 |
| ANGL Vaneck Fallen Angel High YLD | Sold out | 0.00% | −0.00 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.00 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.00 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Sold out | 0.00% | −0.00 |
| PULS Pgim Ultra Short Bond ETF | Sold out | 0.00% | −0.00 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.00 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Sold out | 0.00% | −0.00 |
| FLTR Vaneck Ig Floating Rate ETF | Sold out | 0.00% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.00 |
| BKAG BNY Mellon Core Bond ETF | Sold out | 0.00% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.1% | 0.41% | +0.00 |
| HD Home Depot Inc. | Reduce -0.7% | 0.76% | +0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.1% | 2.09% | +0.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.6% | 15.60% | +0.61 |
Portfolio Buys Q4 2023 → Q1 2024
| LAMR Lamar Advertising Co. Class A | New | 1.23% | +1.23 |
| CI The Cigna Group | New | 0.85% | +0.85 |
| TCPC BlackRock TCP Capital Corp. | New | 0.29% | +0.29 |
| PPL PPL Corp. | Add +23.2% | 1.47% | +0.25 |
| WFC Wells Fargo & Co. | Add +4.8% | 1.40% | +0.22 |
| QCOM Qualcomm Inc. | Add +2.8% | 1.62% | +0.22 |
| VZ Verizon Communications Inc. | Add +7.3% | 1.41% | +0.18 |
| BAC Bank of America Corp. | Add +5.6% | 1.42% | +0.18 |
| HON Honeywell International Inc. | New | 0.17% | +0.17 |
| IBM Intl Business Machines Corp. | Add +6.9% | 1.02% | +0.17 |
| SYY Sysco Corp. | Add +5.0% | 1.56% | +0.17 |
| PG The Procter & Gamble Co. | Add +5.0% | 1.39% | +0.15 |
| XOM Exxon Mobil Corp. | Add +8.4% | 0.82% | +0.14 |
| C Citigroup Inc. | Add +3.9% | 0.67% | +0.12 |
| RTX RTX Corp. | Add +4.7% | 0.84% | +0.12 |
| WMT Walmart Inc. | Add +6.4% | 0.82% | +0.12 |
| KEY Keycorp | Add +2.2% | 1.54% | +0.11 |
| PEG Public Service Enterprise GP | Add +7.0% | 0.97% | +0.11 |
| NXPI NXP Semiconductors NV | Add +2.1% | 1.59% | +0.09 |
| FITB Fifth Third Bancorp | Add +2.1% | 1.31% | +0.07 |
| T AT&T Inc. | Add +9.5% | 0.73% | +0.07 |
| CVX Chevron Corp. | Add +5.1% | 1.00% | +0.06 |
| FE Firstenergy Corp. | Add +6.7% | 0.81% | +0.06 |
| CMS CMS Energy Corp. | Add +5.0% | 1.25% | +0.06 |
| EXC Exelon Corp. | Add +5.8% | 0.86% | +0.05 |
| SHEL Shell PLC-ADR | Add +5.4% | 1.08% | +0.03 |
| KMI Kinder Morgan Inc. | Add +7.0% | 0.50% | +0.03 |
| PNC PNC Financial Services Group | Add +4.8% | 0.64% | +0.03 |
| LMT Lockheed Martin Corp. | Add +5.5% | 1.34% | +0.02 |
| CPB The Campbell's Company | Add +4.7% | 0.54% | +0.02 |
| KO The Coca-Cola Co. | Add +2.1% | 0.99% | +0.02 |
| JNJ Johnson & Johnson | Add +4.5% | 1.32% | +0.02 |
| PEP Pepsico Inc. | Add +5.6% | 0.32% | +0.01 |
| USB US Bancorp | Add +1.8% | 1.38% | +0.01 |
| CVS CVS Health Corp. | Add +4.3% | 1.04% | +0.01 |
| DUK Duke Energy Corp. | Add +5.3% | 1.20% | +0.01 |
| KHC The Kraft Heinz Co. | Add +3.0% | 0.50% | −0.01 |
| LNT Alliant Energy Corp. | Add +5.2% | 1.10% | −0.01 |
| AMGN Amgen Inc. | Add +3.6% | 0.87% | −0.02 |
| PFE Pfizer Inc. | Add +4.7% | 0.80% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 129 | $836.2M | SPY, VOO, IEFA, VYM, IDEV |
| Q1 2026 | 97 | $759.6M | SPY, VOO, IEFA, VYM, IDEV |
| Q4 2025 | 121 | $736.9M | SPY, VOO, IEFA, VYM, IDEV |
| Q3 2025 | 124 | $736.6M | SPY, VOO, IEFA, VYM, IDEV |
| Q2 2025 | 120 | $615.7M | SPY, IEFA, VYM, IDEV, VTI |
| Q1 2025 | 120 | $588.5M | SPY, VYM, IEFA, VTI, IVV |
| Q4 2024 | 119 | $558.2M | SPY, VYM, IEFA, IVV, VTI |
| Q3 2024 | 118 | $613.3M | SPY, IEFA, VYM, IVV, VTI |
| Q2 2024 | 115 | $575.0M | SPY, IEFA, VYM, IVV, VTI |
| Q1 2024 | 88 | $618.1M | SPY, IVV, IEFA, VYM, VTI |