New England Research & Management, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), New England Research & Management, Inc. reported 158 stock positions worth $203.8 million. Its top holding was Church & Dwight (CHD) at 3.0% of the portfolio, followed by Alphabet Class A (GOOGL, 2.9%) and Microsoft (MSFT, 2.8%). Compared with Q4 2023, it opened 20 new positions, sold out of 17, added to 44 and reduced 61. The biggest buy was Unitedhealth (UNH, shares +465%) and the biggest sale an exit from Oracle (ORCL).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001596077
Portfolio Value
$203.8M (Q1 2024)
SEC Filing
0001596077-24-000002 ↗ filed Apr 16, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $203.8M $203.8M Q1 2024 Q2 2024: $208.2M Q2 2024 Q3 2024: $213.1M Q3 2024 Q4 2024: $196.5M Q4 2024 Q1 2025: $196.9M Q1 2025 Q2 2025: $210.5M Q2 2025 Q3 2025: $217.7M Q3 2025 Q4 2025: $228.6M Q4 2025 Q1 2026: $236.6M Q1 2026 Q2 2026: $256.9M Q2 2026

Holdings 158 stocks · $203.8M
CHD Church & Dwight Co. Inc. 2.97% 58,000 $6.0M No change
GOOGL Alphabet Inc. Class A 2.94% 39,672 $6.0M Add +7.3%
MSFT Microsoft Corp. 2.85% 13,782 $5.8M Reduce -0.1%
AAPL Apple Inc. 2.75% 32,702 $5.6M Add +6.3%
URI United Rentals Inc. 2.40% 6,785 $4.9M Add +0.4%
JNJ Johnson & Johnson 2.32% 29,822 $4.7M Reduce -0.2%
CSX CSX Corp. 2.13% 117,106 $4.3M Add +0.1%
ZTS Zoetis Inc. 2.08% 25,093 $4.2M Add +6.5%
UPS United Parcel Service Class B 1.92% 26,356 $3.9M Add +25.8%
PWR Quanta Services Inc. 1.87% 14,631 $3.8M Add +19.1%
J Jacobs Solutions Inc. 1.72% 22,750 $3.5M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.63% 7,885 $3.3M No change
UNH Unitedhealth Group Inc. 1.44% 5,930 $2.9M Add +464.8%
KO The Coca-Cola Co. 1.41% 46,932 $2.9M Reduce -1.3%
KMB Kimberly-Clark Corp. 1.38% 21,704 $2.8M No change
BMY Bristol-Myers Squibb Co. 1.33% 50,007 $2.7M Add +10.3%
CP Canadian Pacific Kansas City 1.30% 30,097 $2.7M No change
BLK BlackRock Finance Inc. 1.25% 3,058 $2.5M Add +619.5%
AMGN Amgen Inc. 1.25% 8,953 $2.5M Add +54.4%
HON Honeywell International Inc. 1.24% 12,307 $2.5M Reduce -20.4%
MS Morgan Stanley 1.21% 26,205 $2.5M Add +27.6%
APD Air Products & Chemicals Inc. 1.20% 10,105 $2.4M Add +25.4%
SCHW Schwab (charles) Corp. 1.18% 33,130 $2.4M Reduce -4.0%
UTHR United Therapeutics Corp. 1.18% 10,430 $2.4M Add +29.8%
LEN Lennar Corp. Class A 1.14% 13,475 $2.3M Reduce -19.1%
XOM Exxon Mobil Corp. 1.13% 19,823 $2.3M Add +0.3%
PFE Pfizer Inc. 1.09% 80,269 $2.2M Add +10.0%
SYY Sysco Corp. 1.04% 26,084 $2.1M Reduce -0.9%
MRK Merck & Co. Inc. 1.02% 15,799 $2.1M Add +3.1%
ABT Abbott Laboratories 1.02% 18,260 $2.1M Reduce -1.7%
UNP Union Pacific Corp. 1.00% 8,329 $2.0M Reduce -3.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.98% 10,440 $2.0M Add +28.6%
CARR Carrier Global Corp. 0.96% 33,550 $1.9M Add +439.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.92% 15,262 $1.9M Reduce -0.3%
GOOG Alphabet Inc. Class C 0.86% 11,494 $1.8M No change
PEP Pepsico Inc. 0.85% 9,874 $1.7M Reduce -0.2%
AMZN Amazon.com Inc. 0.83% 9,413 $1.7M Add +5.9%
LLY Eli Lilly & Co. 0.83% 2,181 $1.7M Reduce -20.3%
SYK Stryker Corp. 0.81% 4,585 $1.6M Reduce -2.1%
AIR Aar Corp. 0.80% 27,300 $1.6M Add +59.2%
DELL INC filed as DELL TECHNOLOGIES INC CLASS C 0.80% 14,301 $1.6M New
ADI Analog Devices Inc. 0.79% 8,133 $1.6M Reduce -1.4%
MDT Medtronic PLC 0.78% 18,149 $1.6M Add +0.6%
MCD McDonald's Corp. 0.76% 5,517 $1.6M Add +24.5%
AVGO Broadcom Inc. 0.76% 1,161 $1.5M New
DCI Donaldson Co. Inc. 0.74% 20,200 $1.5M New
M D C HLDGS INC 0.74% 23,846 $1.5M Reduce -8.4%
PG The Procter & Gamble Co. 0.74% 9,246 $1.5M No change
BR Broadridge Financial Solutio 0.72% 7,150 $1.5M New
WM Waste Management Inc. 0.66% 6,353 $1.4M Reduce -1.1%
BMRN Biomarin Pharmaceutical Inc. 0.66% 15,350 $1.3M New
TFC Truist Financial Corp. 0.65% 34,050 $1.3M Reduce -0.8%
LHX L3HARRIS Technologies Inc. 0.65% 6,215 $1.3M Add +12.7%
INVH Invitation Homes Inc. 0.64% 36,694 $1.3M Add +1.7%
NKE Nike Inc. Class B 0.63% 13,650 $1.3M Reduce -34.9%
GILD Gilead Sciences Inc. 0.60% 16,825 $1.2M Add +204.5%
PPG PPG Industries Inc. 0.59% 8,350 $1.2M Reduce -2.9%
VRTX Vertex Pharmaceuticals Inc. 0.58% 2,835 $1.2M New
COP Conocophillips 0.57% 9,135 $1.2M Add +0.6%
IR Ingersoll-Rand Inc. 0.57% 12,175 $1.2M Add +0.8%
MRVL Marvell Technology Inc. 0.55% 15,925 $1.1M Add +22.7%
WASH Washington Trust Bancorp 0.53% 40,224 $1.1M No change
SPG Simon Property Group Inc. 0.53% 6,880 $1.1M Reduce -34.6%
ABNB Airbnb Inc. Class A 0.52% 6,425 $1.1M Add +108.9%
ELV Elevance Health Inc. 0.52% 2,025 $1.1M Add +6.6%
CMCO Columbus McKinnon Corp. 0.51% 23,255 $1.0M No change
NUE Nucor Corp. 0.50% 5,175 $1.0M No change
MDB Mongodb Inc. 0.49% 2,785 $999K Add +170.4%
DT Dynatrace Inc. 0.48% 21,250 $987K Add +136.8%
AMD Advanced Micro Devices 0.48% 5,450 $984K Reduce -68.7%
DHR Danaher Corp. 0.47% 3,860 $964K Reduce -1.3%
TKR Timken Co. 0.47% 11,025 $964K Reduce -9.6%
SWK Stanley Black & Decker Inc. 0.47% 9,825 $962K No change
ULTA Ulta Beauty Inc. 0.47% 1,825 $954K Add +151.7%
NEE Nextera Energy Inc. 0.47% 14,833 $948K Add +0.1%
GXO Gxo Logistics Inc. 0.46% 17,375 $934K Add +82.4%
ABBV Abbvie Inc. 0.45% 5,068 $923K Add +0.8%
GSK GSK PLC-Spon ADR 0.44% 21,138 $906K Reduce -2.3%
ENS Enersys 0.44% 9,525 $900K Reduce -23.2%
PRU Prudential Financial Inc. 0.43% 7,549 $886K Reduce -36.2%
TER Teradyne Inc. 0.42% 7,625 $860K Reduce -57.8%
CTSH Cognizant Tech Solutions-A 0.42% 11,626 $852K New
FTNT Fortinet Inc. 0.42% 12,475 $852K Add +8.7%
WDAY Workday Inc. Class A 0.42% 3,125 $852K Add +11.8%
MCK McKesson Corp. 0.41% 1,550 $832K New
MAS Masco Corp. 0.40% 10,450 $824K No change
CSCO Cisco Systems Inc. 0.40% 16,439 $820K Reduce -1.6%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.39% 5,165 $796K Reduce -51.5%
GIS General Mills Inc. 0.38% 11,125 $778K No change
AKAM Akamai Technologies Inc. 0.38% 7,075 $769K New
K Kellanova 0.37% 13,335 $764K Reduce -38.9%
QSR Restaurant Brands Intern 0.37% 9,399 $747K Reduce -42.8%
CL Colgate-Palmolive Co. 0.37% 8,288 $746K No change
INDB Independent Bank Corp. 0.36% 14,183 $738K No change
IDXX Idexx Laboratories Inc. 0.36% 1,355 $732K Reduce -23.9%
PATK Patrick Industries Inc. 0.35% 6,025 $720K Reduce -2.4%
VZ Verizon Communications Inc. 0.34% 16,434 $690K Reduce -0.5%
TDG Transdigm Group Inc. 0.34% 555 $684K No change
MHK Mohawk Industries Inc. 0.33% 5,125 $671K New
CVX Chevron Corp. 0.32% 4,169 $658K Reduce -1.9%
LYV Live Nation Entertainment Inc. 0.32% 6,150 $650K Reduce -1.2%
SNOW Snowflake Inc. 0.32% 4,025 $650K New
SBUX Starbucks Corp. 0.31% 6,910 $632K Reduce -0.1%
H Hyatt Hotels Corp. Class A 0.31% 3,925 $627K Reduce -69.7%
ROK Rockwell Automation Inc. 0.30% 2,115 $616K Add +98.6%
PYPL PayPal Holdings Inc. 0.29% 8,755 $586K Reduce -17.8%
EMR Emerson Electric Co. 0.27% 4,814 $546K Add +1.4%
META Meta Platforms Inc. Class A 0.26% 1,100 $534K No change
CNI Canadian Natl Railway Co. 0.26% 4,000 $527K No change
WMS Advanced Drainage Systems Inc. 0.26% 3,050 $525K New
MLM Martin Marietta Materials 0.26% 850 $522K Reduce -15.0%
CFG Citizens Financial Group 0.25% 14,105 $512K Reduce -0.3%
SONY Sony Group Corp. - SP ADR 0.25% 5,850 $502K Reduce -1.7%
GE General Electric 0.25% 2,847 $500K Reduce -3.6%
IBP Installed Building Products 0.24% 1,925 $498K No change
GEHC GE Healthcare Technology 0.24% 5,438 $494K Reduce -73.7%
LII Lennox International Inc. 0.24% 1,000 $489K New
LRCX Lam Research Corp. 0.24% 500 $486K Reduce -54.5%
RHHBY Roche Holdings Ltd.-Spons ADR 0.23% 14,975 $478K Reduce -0.7%
WMT Walmart Inc. 0.23% 7,923 $477K Reduce -13.2%
CELH Celsius Holdings Inc. 0.23% 5,675 $471K New
AZN Astrazeneca PLC-Spons ADR 0.21% 6,350 $430K No change
SNPS Synopsys Inc. 0.21% 750 $429K Add +36.4%
SHW The Sherwin-Williams Co. 0.21% 1,225 $425K No change
ACN Accenture PLC Class A 0.20% 1,185 $411K Reduce -2.1%
ACMR Acm Research Inc. Class A 0.18% 12,904 $376K Reduce -44.0%
INTU Intuit Inc. 0.18% 575 $374K No change
AB Alliancebernstein Holding LP 0.18% 10,550 $367K No change
MMM 3M Co. 0.18% 3,420 $363K No change
PNR Pentair PLC 0.18% 4,250 $363K Reduce -3.4%
AVT Avnet Inc. 0.18% 7,250 $359K Reduce -12.7%
XYL Xylem Inc. 0.17% 2,744 $355K No change
TMO Thermo Fisher Scientific Inc. 0.17% 600 $349K New
ALL Allstate Corp. 0.17% 2,006 $347K Add +0.3%
OGN Organon & Co. 0.17% 18,269 $343K Reduce -1.4%
TSLA Tesla Inc. 0.16% 1,911 $336K No change
EOG EOG Resources Inc. 0.16% 2,550 $326K Reduce -27.1%
NFLX Netflix Inc. 0.15% 519 $315K Reduce -78.8%
CMCSA Comcast Corp. Class A 0.15% 6,996 $303K Add +1.4%
AMN Amn Healthcare Services Inc. 0.15% 4,765 $298K Reduce -9.9%
ROL Rollins Inc. 0.15% 6,400 $296K Reduce -58.4%
MCHP Microchip Technology Inc. 0.14% 3,250 $292K Reduce -62.4%
PANW Palo Alto Networks Inc. 0.14% 1,025 $291K New
NOC Northrop Grumman Corp. 0.14% 602 $288K Reduce -22.5%
TRN Trinity Industries Inc. 0.14% 10,250 $285K No change
DRI Darden Restaurants Inc. 0.13% 1,591 $266K No change
FCX Freeport-McMoran Inc. 0.13% 5,594 $263K New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.13% 4,792 $263K No change
NVS Novartis AG-Sponsored ADR 0.13% 2,695 $261K No change
KEYS Keysight Technologies Inc. 0.13% 1,650 $258K No change
HD Home Depot Inc. 0.11% 582 $223K New
ENB Enbridge Inc. 0.11% 6,125 $222K No change
EQNR Equinor ASA-Spon ADR 0.11% 8,095 $219K Reduce -3.6%
FLR Fluor Corp. 0.10% 4,925 $208K New
DVN Devon Energy Corp. 0.10% 4,125 $207K Reduce -7.8%
ESI Element Solutions Inc. 0.10% 8,100 $202K New
2U INC 0.00% 10,550 $4K No change
The FRS Company 0.00% 114,324 $0 No change

Portfolio Sells Q4 2023 → Q1 2024
ORCL Oracle Corp. Sold out 0.00% −1.44
YUM Yum! Brands Inc. Sold out 0.00% −0.92
AMD Advanced Micro Devices Reduce -68.7% 0.48% −0.88
TGT Target Corp. Sold out 0.00% −0.70
TER Teradyne Inc. Reduce -57.8% 0.42% −0.62
GEHC GE Healthcare Technology Reduce -73.7% 0.24% −0.60
H Hyatt Hotels Corp. Class A Reduce -69.7% 0.31% −0.59
NKE Nike Inc. Class B Reduce -34.9% 0.63% −0.58
PH Parker Hannifin Corp. Sold out 0.00% −0.56
HON Honeywell International Inc. Reduce -20.4% 1.24% −0.48
NFLX Netflix Inc. Reduce -78.8% 0.15% −0.48
ON On Semiconductor Sold out 0.00% −0.48
AMAT Applied Materials Inc. Sold out 0.00% −0.47
EL Estee Lauder Companies Class A Reduce -51.5% 0.39% −0.43
LMT Lockheed Martin Corp. Sold out 0.00% −0.43
BA The Boeing Co. Sold out 0.00% −0.35
QSR Restaurant Brands Intern Reduce -42.8% 0.37% −0.31
SON Sonoco Products Co. Sold out 0.00% −0.30
SMCI Super Micro Computer Inc. Sold out 0.00% −0.28
K Kellanova Reduce -38.9% 0.37% −0.27
MCHP Microchip Technology Inc. Reduce -62.4% 0.14% −0.27
SPG Simon Property Group Inc. Reduce -34.6% 0.53% −0.27
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.27
CAG Conagra Brands Inc. Sold out 0.00% −0.25
BALL Ball Corp. Sold out 0.00% −0.24
ENS Enersys Reduce -23.2% 0.44% −0.22
LRCX Lam Research Corp. Reduce -54.5% 0.24% −0.22
PRU Prudential Financial Inc. Reduce -36.2% 0.43% −0.22
ROL Rollins Inc. Reduce -58.4% 0.15% −0.21
DXCM Dexcom Inc. Sold out 0.00% −0.19
LEN Lennar Corp. Class A Reduce -19.1% 1.14% −0.18
JNJ Johnson & Johnson Reduce -0.2% 2.32% −0.17
IDXX Idexx Laboratories Inc. Reduce -23.9% 0.36% −0.16
DAR Darling Ingredients Inc. Sold out 0.00% −0.14
NEM Newmont Corp. Sold out 0.00% −0.14
UNP Union Pacific Corp. Reduce -3.3% 1.00% −0.12
REXR Rexford Industrial Realty Inc. Sold out 0.00% −0.11
PPG PPG Industries Inc. Reduce -2.9% 0.59% −0.09
SCHW Schwab (charles) Corp. Reduce -4.0% 1.18% −0.08
ADI Analog Devices Inc. Reduce -1.4% 0.79% −0.08
KO The Coca-Cola Co. Reduce -1.3% 1.41% −0.08
ABT Abbott Laboratories Reduce -1.7% 1.02% −0.06
EOG EOG Resources Inc. Reduce -27.1% 0.16% −0.06
AMN Amn Healthcare Services Inc. Reduce -9.9% 0.15% −0.06
PYPL PayPal Holdings Inc. Reduce -17.8% 0.29% −0.06
RHHBY Roche Holdings Ltd.-Spons ADR Reduce -0.7% 0.23% −0.05
ACMR Acm Research Inc. Class A Reduce -44.0% 0.18% −0.05
SONY Sony Group Corp. - SP ADR Reduce -1.7% 0.25% −0.05
NOC Northrop Grumman Corp. Reduce -22.5% 0.14% −0.05
AVT Avnet Inc. Reduce -12.7% 0.18% −0.05

Portfolio Buys Q4 2023 → Q1 2024
UNH Unitedhealth Group Inc. Add +464.8% 1.44% +1.15
BLK BlackRock Finance Inc. Add +619.5% 1.25% +1.07
DELL INC New 0.80% +0.80
CARR Carrier Global Corp. Add +439.0% 0.96% +0.77
AVGO Broadcom Inc. New 0.76% +0.76
DCI Donaldson Co. Inc. New 0.74% +0.74
BR Broadridge Financial Solutio New 0.72% +0.72
BMRN Biomarin Pharmaceutical Inc. New 0.66% +0.66
VRTX Vertex Pharmaceuticals Inc. New 0.58% +0.58
PWR Quanta Services Inc. Add +19.1% 1.87% +0.46
CTSH Cognizant Tech Solutions-A New 0.42% +0.42
MCK McKesson Corp. New 0.41% +0.41
AKAM Akamai Technologies Inc. New 0.38% +0.38
GILD Gilead Sciences Inc. Add +204.5% 0.60% +0.37
AMGN Amgen Inc. Add +54.4% 1.25% +0.36
URI United Rentals Inc. Add +0.4% 2.40% +0.35
MHK Mohawk Industries Inc. New 0.33% +0.33
SNOW Snowflake Inc. New 0.32% +0.32
ABNB Airbnb Inc. Class A Add +108.9% 0.52% +0.30
ULTA Ulta Beauty Inc. Add +151.7% 0.47% +0.28
IBM Intl Business Machines Corp. Add +28.6% 0.98% +0.28
MDB Mongodb Inc. Add +170.4% 0.49% +0.27
WMS Advanced Drainage Systems Inc. New 0.26% +0.26
LII Lennox International Inc. New 0.24% +0.24
UTHR United Therapeutics Corp. Add +29.8% 1.18% +0.24
AIR Aar Corp. Add +59.2% 0.80% +0.24
CELH Celsius Holdings Inc. New 0.23% +0.23
DT Dynatrace Inc. Add +136.8% 0.48% +0.22
GOOGL Alphabet Inc. Class A Add +7.3% 2.94% +0.20
MS Morgan Stanley Add +27.6% 1.21% +0.20
UPS United Parcel Service Class B Add +25.8% 1.92% +0.18
TMO Thermo Fisher Scientific Inc. New 0.17% +0.17
GXO Gxo Logistics Inc. Add +82.4% 0.46% +0.15
PANW Palo Alto Networks Inc. New 0.14% +0.14
MRVL Marvell Technology Inc. Add +22.7% 0.55% +0.14
MRK Merck & Co. Inc. Add +3.1% 1.02% +0.14
FCX Freeport-McMoran Inc. New 0.13% +0.13
ROK Rockwell Automation Inc. Add +98.6% 0.30% +0.13
AMZN Amazon.com Inc. Add +5.9% 0.83% +0.12
HD Home Depot Inc. New 0.11% +0.11
FLR Fluor Corp. New 0.10% +0.10
ESI Element Solutions Inc. New 0.10% +0.10
BMY Bristol-Myers Squibb Co. Add +10.3% 1.33% +0.10
XOM Exxon Mobil Corp. Add +0.3% 1.13% +0.08
IR Ingersoll-Rand Inc. Add +0.8% 0.57% +0.07
MCD McDonald's Corp. Add +24.5% 0.76% +0.07
FTNT Fortinet Inc. Add +8.7% 0.42% +0.06
SNPS Synopsys Inc. Add +36.4% 0.21% +0.06
ELV Elevance Health Inc. Add +6.6% 0.52% +0.04
ABBV Abbvie Inc. Add +0.8% 0.45% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 134$256.9MGOOGL, AAPL, URI, PWR, GEV
Q1 2026 143$236.6MGOOGL, AAPL, URI, JNJ, PWR
Q4 2025 144$228.6MGOOGL, AAPL, MSFT, URI, JNJ
Q3 2025 146$217.7MGOOGL, AAPL, URI, MSFT, AMZN
Q2 2025 147$210.5MGOOGL, AAPL, URI, MSFT, CHD
Q1 2025 146$196.9MAAPL, GOOGL, CHD, URI, JNJ
Q4 2024 143$196.5MAAPL, GOOGL, CHD, URI, MSFT
Q3 2024 158$213.1MAAPL, GOOGL, CHD, URI, MSFT
Q2 2024 164$208.2MAAPL, GOOGL, MSFT, CHD, URI
Q1 2024 158$203.8MCHD, GOOGL, MSFT, AAPL, URI