New England Research & Management, Inc.

Name: New England Research & Management, Inc. 13F holdings, Q3 2024
Creator: New England Research & Management, Inc.
Published: 2024-10-07

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 7, 2024), New England Research & Management, Inc. reported 158 stock positions worth $213.1 million. Its top holding was Apple (AAPL) at 4.0% of the portfolio, followed by Alphabet Class A (GOOGL, 3.0%) and Church & Dwight (CHD, 2.8%). Compared with Q2 2024, it opened 19 new positions, sold out of 25, added to 41 and reduced 76. The biggest buy was Goldman Sachs (GS, shares +398%) and the biggest sale Unitedhealth (UNH, shares −87%).

Most Recent 13F: Q2 2026
Location: CHICAGO, IL
CIK: 0001596077
Portfolio Value: $213.1M (Q3 2024)
SEC Filing: 0001596077-24-000007 ↗ filed Oct 7, 2024

Holdings Value

Holdings 158 stocks · $213.1M


AAPL Apple Inc.	3.98%	36,348	$8.5M	Add +0.3%
GOOGL Alphabet Inc. Class A	3.02%	38,768	$6.4M	Add +1.3%
CHD Church & Dwight Co. Inc.	2.81%	57,100	$6.0M	Reduce -0.4%
URI United Rentals Inc.	2.71%	7,140	$5.8M	Reduce -5.6%
MSFT Microsoft Corp.	2.67%	13,230	$5.7M	Reduce -0.9%
JNJ Johnson & Johnson	2.15%	28,301	$4.6M	Reduce -0.9%
ZTS Zoetis Inc.	2.12%	23,168	$4.5M	No change
PWR Quanta Services Inc.	1.99%	14,233	$4.2M	Reduce -1.9%
CSX CSX Corp.	1.79%	110,706	$3.8M	Reduce -1.5%
CARR Carrier Global Corp.	1.76%	46,525	$3.7M	Add +24.8%
BRK.B Berkshire Hathaway Inc. Class B	1.69%	7,845	$3.6M	No change
AMGN Amgen Inc.	1.60%	10,574	$3.4M	Add +31.1%
BLK BlackRock Inc.	1.51%	3,383	$3.2M	Reduce -3.8%
AVGO Broadcom Inc.	1.41%	17,355	$3.0M	Reduce -2.0%
ABT Abbott Laboratories	1.40%	26,110	$3.0M	Add +48.7%
BMY Bristol-Myers Squibb Co.	1.31%	53,838	$2.8M	Reduce -0.2%
UTHR United Therapeutics Corp.	1.30%	7,720	$2.8M	Reduce -5.8%
AMZN Amazon.com Inc.	1.29%	14,709	$2.7M	Add +45.5%
MRK Merck & Co. Inc.	1.27%	23,743	$2.7M	Add +29.6%
SYY Sysco Corp.	1.26%	34,394	$2.7M	Add +38.5%
GS Goldman Sachs Group Inc.	1.23%	5,287	$2.6M	Add +397.8%
KMB Kimberly-Clark Corp.	1.23%	18,354	$2.6M	Reduce -12.8%
ABBV Abbvie Inc.	1.21%	13,092	$2.6M	Add +14.1%
UPS United Parcel Service Class B	1.21%	18,893	$2.6M	Reduce -0.4%
CP Canadian Pacific Kansas City	1.17%	29,196	$2.5M	Reduce -1.4%
XOM Exxon Mobil Corp.	1.11%	20,108	$2.4M	No change
LLY Eli Lilly & Co.	1.08%	2,606	$2.3M	Add +33.2%
APD Air Products & Chemicals Inc.	1.08%	7,745	$2.3M	Reduce -17.2%
SYK Stryker Corp.	1.07%	6,310	$2.3M	Reduce -1.6%
PFE Pfizer Inc.	1.01%	74,463	$2.2M	Add +0.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	1.01%	9,740	$2.2M	Reduce -14.3%
VRTX Vertex Pharmaceuticals Inc.	1.00%	4,575	$2.1M	Add +67.3%
MAS Masco Corp.	1.00%	25,275	$2.1M	Add +141.9%
J Jacobs Solutions Inc.	0.98%	15,907	$2.1M	Reduce -31.2%
HON Honeywell International Inc.	0.96%	9,872	$2.0M	Reduce -4.4%
GOOG Alphabet Inc. Class C	0.90%	11,515	$1.9M	Add +0.2%
UNP Union Pacific Corp.	0.87%	7,514	$1.9M	Reduce -6.2%
MS Morgan Stanley	0.83%	16,900	$1.8M	Reduce -0.6%
KO The Coca-Cola Co.	0.83%	24,499	$1.8M	Reduce -28.9%
AMAT Applied Materials Inc.	0.81%	8,575	$1.7M	Add +23.4%
SHW The Sherwin-Williams Co.	0.81%	4,510	$1.7M	Reduce -6.0%
GIS General Mills Inc.	0.79%	22,725	$1.7M	Add +111.9%
MCK McKesson Corp.	0.79%	3,390	$1.7M	Add +139.6%
AMD Advanced Micro Devices	0.78%	10,163	$1.7M	Reduce -16.9%
MCD McDonald's Corp.	0.78%	5,437	$1.7M	Reduce -0.6%
MLM Martin Marietta Materials	0.77%	3,045	$1.6M	Add +56.1%
NEE Nextera Energy Inc.	0.76%	19,133	$1.6M	Reduce -3.5%
PCAR Paccar Inc.	0.76%	16,371	$1.6M	Reduce -5.5%
IR Ingersoll-Rand Inc.	0.75%	16,375	$1.6M	Add +39.7%
LRCX Lam Research Corp.	0.71%	1,850	$1.5M	Add +270.0%
PG The Procter & Gamble Co.	0.69%	8,445	$1.5M	No change
V Visa Inc. Class A	0.68%	5,277	$1.5M	Add +91.8%
INVH Invitation Homes Inc.	0.68%	40,769	$1.4M	Add +13.0%
TFC Truist Financial Corp.	0.67%	33,224	$1.4M	Add +0.6%
LHX L3HARRIS Technologies Inc.	0.65%	5,845	$1.4M	Reduce -3.3%
H Hyatt Hotels Corp. Class A	0.64%	9,025	$1.4M	Add +95.1%
TMO Thermo Fisher Scientific Inc.	0.64%	2,215	$1.4M	Add +94.3%
META Meta Platforms Inc. Class A	0.63%	2,350	$1.3M	Add +35.5%
BR Broadridge Financial Solutio	0.62%	6,129	$1.3M	Reduce -8.3%
MDT Medtronic PLC	0.61%	14,527	$1.3M	Reduce -9.4%
WASH Washington Trust Bancorp	0.61%	40,124	$1.3M	Reduce -0.1%
WM Waste Management Inc.	0.59%	6,053	$1.3M	Reduce -1.2%
NKE Nike Inc. Class B	0.55%	13,275	$1.2M	Add +0.2%
WDAY Workday Inc. Class A	0.54%	4,680	$1.1M	Add +13.3%
SBUX Starbucks Corp.	0.54%	11,719	$1.1M	Add +77.7%
AIR Aar Corp.	0.53%	17,425	$1.1M	Reduce -33.2%
LEN Lennar Corp. Class A	0.52%	5,950	$1.1M	Reduce -57.6%
DELL INC	0.52%	9,350	$1.1M	Add +18.7%
PEP Pepsico Inc.	0.51%	6,386	$1.1M	Reduce -27.3%
TDG Transdigm Group Inc.	0.50%	752	$1.1M	Add +11.4%
TTWO Take-Two Interactive Softwre	0.50%	6,900	$1.1M	New
BMRN Biomarin Pharmaceutical Inc.	0.45%	13,625	$958K	Add +50.1%
CFR Cullen/Frost Bankers Inc.	0.45%	8,525	$954K	New
VLO Valero Energy Corp.	0.44%	6,975	$942K	Add +121.4%
PNR Pentair PLC	0.43%	9,350	$914K	Add +142.9%
ULTA Ulta Beauty Inc.	0.43%	2,330	$907K	Add +32.4%
DT Dynatrace Inc.	0.42%	16,675	$892K	Reduce -43.2%
CL Colgate-Palmolive Co.	0.40%	8,288	$860K	No change
ELV Elevance Health Inc.	0.40%	1,650	$858K	Reduce -2.9%
MRVL Marvell Technology Inc.	0.40%	11,700	$844K	Reduce -20.7%
INDB Independent Bank Corp.	0.39%	14,083	$833K	No change
CSCO Cisco Systems Inc.	0.38%	15,334	$816K	Reduce -1.3%
ENS Enersys	0.38%	7,975	$814K	Reduce -9.6%
DCI Donaldson Co. Inc.	0.37%	10,829	$798K	Reduce -41.2%
CMCO Columbus McKinnon Corp.	0.37%	21,905	$789K	Reduce -0.9%
VEEV Veeva Systems Inc. Class A	0.37%	3,725	$782K	New
NFLX Netflix Inc.	0.37%	1,099	$779K	Add +111.8%
SCHW Schwab (charles) Corp.	0.36%	11,900	$771K	Reduce -53.5%
TKR Timken Co.	0.34%	8,500	$716K	Reduce -11.0%
VZ Verizon Communications Inc.	0.34%	15,944	$716K	Reduce -2.8%
PATK Patrick Industries Inc.	0.33%	4,900	$698K	Reduce -11.3%
IDXX Idexx Laboratories Inc.	0.33%	1,380	$697K	Add +7.8%
GSK GSK PLC-Spon ADR	0.33%	16,992	$695K	Reduce -13.3%
NVDA Nvidia Corp.	0.32%	5,605	$681K	New
DHR Danaher Corp.	0.31%	2,405	$669K	Reduce -36.9%
WMT Walmart Inc.	0.30%	7,923	$640K	No change
QSR Restaurant Brands Intern	0.29%	8,499	$613K	Reduce -5.6%
ASML ASML Holding NV-NY Reg SHS	0.27%	693	$577K	Reduce -38.7%
CFG Citizens Financial Group	0.26%	13,730	$564K	Reduce -0.2%
AMT American Tower Corp.	0.26%	2,417	$562K	Reduce -11.0%
GE General Electric filed as GE AEROSPACE	0.26%	2,910	$549K	No change
DLTR Dollar Tree Inc.	0.25%	7,600	$534K	New
KNX Knight-Swift Transportation	0.25%	9,900	$534K	New
RHHBY Roche Holdings Ltd.-Spons ADR	0.25%	13,370	$534K	Reduce -3.6%
ACN Accenture PLC Class A	0.25%	1,510	$534K	Add +42.5%
LII Lennox International Inc.	0.25%	880	$532K	No change
ABNB Airbnb Inc. Class A	0.25%	4,190	$531K	Reduce -52.5%
FANG Diamondback Energy Inc.	0.25%	3,075	$530K	New
AMENTUM HOLDINGS INC (AMNTEC 7.25 08/01/32 144A) filed as Amemtum	0.24%	15,907	$513K	New
COST Costco Wholesale Corp.	0.24%	575	$510K	New
CME Cme Group Inc.	0.23%	2,175	$480K	Reduce -29.3%
AZN Astrazeneca PLC-Spons ADR	0.22%	6,150	$479K	No change
EMR Emerson Electric Co.	0.22%	4,378	$479K	Reduce -2.2%
IBP Installed Building Products	0.22%	1,925	$474K	No change
MMM 3M Co.	0.22%	3,420	$468K	No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.22%	4,685	$467K	Reduce -7.9%
ADBE Adobe Inc.	0.21%	885	$458K	Add +14.2%
CNI Canadian Natl Railway Co.	0.21%	3,800	$445K	Reduce -5.0%
ETN Eaton Corp. PLC	0.21%	1,344	$445K	New
SPG Simon Property Group Inc.	0.20%	2,580	$436K	Reduce -62.0%
MPC Marathon Petroleum Corp.	0.20%	2,650	$432K	Reduce -12.4%
UNH Unitedhealth Group Inc.	0.20%	723	$423K	Reduce -87.5%
GILD Gilead Sciences Inc.	0.19%	4,800	$402K	Reduce -10.9%
CTSH Cognizant Tech Solutions-A	0.19%	5,176	$399K	Reduce -49.6%
PH Parker Hannifin Corp.	0.19%	630	$398K	Reduce -19.2%
CRWD CrowdStrike Holdings Inc. Class A	0.18%	1,400	$393K	New
PRU Prudential Financial Inc.	0.18%	3,176	$385K	Reduce -53.1%
ALL Allstate Corp.	0.18%	2,006	$380K	No change
ADI Analog Devices Inc.	0.17%	1,611	$371K	Reduce -54.0%
XYL Xylem Inc.	0.17%	2,744	$371K	No change
AB Alliancebernstein Holding LP	0.17%	10,550	$368K	No change
PB Prosperity Bancshares Inc.	0.17%	5,075	$366K	New
INTU Intuit Inc.	0.17%	575	$357K	No change
TRMB Trimble Inc.	0.15%	5,000	$310K	Reduce -50.6%
OGN Organon & Co.	0.14%	16,092	$308K	Reduce -4.5%
CMCSA Comcast Corp. Class A	0.14%	6,996	$292K	No change
LOW Lowe's Cos Inc.	0.14%	1,075	$291K	Add +2.4%
MA Mastercard Inc. Class A	0.14%	590	$291K	Reduce -52.8%
LULU Lululemon Athletica Inc.	0.13%	1,050	$285K	New
MOD Modine Manufacturing Co.	0.13%	2,150	$285K	Reduce -58.9%
K Kellanova	0.13%	3,310	$267K	New
DRI Darden Restaurants Inc.	0.12%	1,591	$261K	No change
HD Home Depot Inc.	0.12%	632	$256K	No change
GEHC GE Healthcare Technology	0.12%	2,661	$250K	Reduce -67.8%
FLR Fluor Corp.	0.11%	5,100	$243K	Reduce -62.1%
EQT Eqt Corp.	0.11%	6,600	$242K	New
JPM JPMorgan Chase & Co.	0.11%	1,065	$225K	No change
CLX Clorox Company	0.10%	1,325	$216K	New
FTNT Fortinet Inc.	0.10%	2,775	$215K	Reduce -83.2%
PANW Palo Alto Networks Inc.	0.10%	625	$214K	Reduce -68.0%
FBIN Fortune Brands Innovations I	0.10%	2,300	$206K	New
DHI D.R. Horton Inc.	0.10%	1,075	$205K	Reduce -90.9%
GXO Gxo Logistics Inc.	0.10%	3,925	$204K	Reduce -75.2%
MET Metlife Inc.	0.10%	2,475	$204K	New
FISV Fiserv Inc.	0.09%	1,121	$201K	New
MCHP Microchip Technology Inc.	0.09%	2,500	$201K	Reduce -15.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.09%	4,792	$201K	No change
The FRS Company	0.00%	114,324	$0	No change

Portfolio Sells Q2 2024 → Q3 2024


UNH Unitedhealth Group Inc.	Reduce -87.5%	0.20%	−1.21
PPG PPG Industries Inc.	Sold out	0.00%	−0.71
DHI D.R. Horton Inc.	Reduce -90.9%	0.10%	−0.70
WMS Advanced Drainage Systems Inc.	Sold out	0.00%	−0.67
J Jacobs Solutions Inc.	Reduce -31.2%	0.98%	−0.57
SCHW Schwab (charles) Corp.	Reduce -53.5%	0.36%	−0.54
MHK Mohawk Industries Inc.	Sold out	0.00%	−0.54
LEN Lennar Corp. Class A	Reduce -57.6%	0.52%	−0.49
VRT Vertiv Holdings Co. Class A	Sold out	0.00%	−0.44
ABNB Airbnb Inc. Class A	Reduce -52.5%	0.25%	−0.39
AIR Aar Corp.	Reduce -33.2%	0.53%	−0.38
FTNT Fortinet Inc.	Reduce -83.2%	0.10%	−0.38
NUE Nucor Corp.	Sold out	0.00%	−0.37
SWK Stanley Black & Decker Inc.	Sold out	0.00%	−0.35
MDB Mongodb Inc.	Sold out	0.00%	−0.32
CELH Celsius Holdings Inc.	Sold out	0.00%	−0.31
SPG Simon Property Group Inc.	Reduce -62.0%	0.20%	−0.29
GXO Gxo Logistics Inc.	Reduce -75.2%	0.10%	−0.29
ASML ASML Holding NV-NY Reg SHS	Reduce -38.7%	0.27%	−0.28
LYV Live Nation Entertainment Inc.	Sold out	0.00%	−0.28
AKAM Akamai Technologies Inc.	Sold out	0.00%	−0.28
DCI Donaldson Co. Inc.	Reduce -41.2%	0.37%	−0.26
SNOW Snowflake Inc.	Sold out	0.00%	−0.25
CRL Charles River Laboratories	Sold out	0.00%	−0.24
SONY Sony Group Corp. - SP ADR	Sold out	0.00%	−0.24
KO The Coca-Cola Co.	Reduce -28.9%	0.83%	−0.23
PANW Palo Alto Networks Inc.	Reduce -68.0%	0.10%	−0.22
SNPS Synopsys Inc.	Sold out	0.00%	−0.21
DXCM Dexcom Inc.	Sold out	0.00%	−0.21
DT Dynatrace Inc.	Reduce -43.2%	0.42%	−0.21
ADI Analog Devices Inc.	Reduce -54.0%	0.17%	−0.21
PRU Prudential Financial Inc.	Reduce -53.1%	0.18%	−0.20
LNG Cheniere Energy Inc.	Sold out	0.00%	−0.20
MSFT Microsoft Corp.	Reduce -0.9%	2.67%	−0.19
GEHC GE Healthcare Technology	Reduce -67.8%	0.12%	−0.19
CAH Cardinal Health Inc.	Sold out	0.00%	−0.19
PEP Pepsico Inc.	Reduce -27.3%	0.51%	−0.19
TTD Trade Desk Inc./the Class A	Sold out	0.00%	−0.17
KMB Kimberly-Clark Corp.	Reduce -12.8%	1.23%	−0.17
AMD Advanced Micro Devices	Reduce -16.9%	0.78%	−0.17
FLR Fluor Corp.	Reduce -62.1%	0.11%	−0.17
CTSH Cognizant Tech Solutions-A	Reduce -49.6%	0.19%	−0.15
TRN Trinity Industries Inc.	Sold out	0.00%	−0.15
DHR Danaher Corp.	Reduce -36.9%	0.31%	−0.14
AVT Avnet Inc.	Sold out	0.00%	−0.14
NVS Novartis AG-Sponsored ADR	Sold out	0.00%	−0.13
MA Mastercard Inc. Class A	Reduce -52.8%	0.14%	−0.13
TRMB Trimble Inc.	Reduce -50.6%	0.15%	−0.13
MOD Modine Manufacturing Co.	Reduce -58.9%	0.13%	−0.12
ROL Rollins Inc.	Sold out	0.00%	−0.12

Portfolio Buys Q2 2024 → Q3 2024


GS Goldman Sachs Group Inc.	Add +397.8%	1.23%	+1.00
MAS Masco Corp.	Add +141.9%	1.00%	+0.66
CARR Carrier Global Corp.	Add +24.8%	1.76%	+0.63
ABT Abbott Laboratories	Add +48.7%	1.40%	+0.52
TTWO Take-Two Interactive Softwre	New	0.50%	+0.50
GIS General Mills Inc.	Add +111.9%	0.79%	+0.46
LRCX Lam Research Corp.	Add +270.0%	0.71%	+0.45
CFR Cullen/Frost Bankers Inc.	New	0.45%	+0.45
SYY Sysco Corp.	Add +38.5%	1.26%	+0.41
MCK McKesson Corp.	Add +139.6%	0.79%	+0.39
AMGN Amgen Inc.	Add +31.1%	1.60%	+0.39
VRTX Vertex Pharmaceuticals Inc.	Add +67.3%	1.00%	+0.38
VEEV Veeva Systems Inc. Class A	New	0.37%	+0.37
AMZN Amazon.com Inc.	Add +45.5%	1.29%	+0.35
TMO Thermo Fisher Scientific Inc.	Add +94.3%	0.64%	+0.34
V Visa Inc. Class A	Add +91.8%	0.68%	+0.33
NVDA Nvidia Corp.	New	0.32%	+0.32
AAPL Apple Inc.	Add +0.3%	3.98%	+0.31
H Hyatt Hotels Corp. Class A	Add +95.1%	0.64%	+0.31
SBUX Starbucks Corp.	Add +77.7%	0.54%	+0.29
PNR Pentair PLC	Add +142.9%	0.43%	+0.29
ABBV Abbvie Inc.	Add +14.1%	1.21%	+0.27
MLM Martin Marietta Materials	Add +56.1%	0.77%	+0.26
DLTR Dollar Tree Inc.	New	0.25%	+0.25
KNX Knight-Swift Transportation	New	0.25%	+0.25
FANG Diamondback Energy Inc.	New	0.25%	+0.25
IR Ingersoll-Rand Inc.	Add +39.7%	0.75%	+0.24
AMENTUM HOLDINGS INC (AMNTEC 7.25 08/01/32 144A)	New	0.24%	+0.24
COST Costco Wholesale Corp.	New	0.24%	+0.24
LLY Eli Lilly & Co.	Add +33.2%	1.08%	+0.23
META Meta Platforms Inc. Class A	Add +35.5%	0.63%	+0.21
ETN Eaton Corp. PLC	New	0.21%	+0.21
VLO Valero Energy Corp.	Add +121.4%	0.44%	+0.20
NFLX Netflix Inc.	Add +111.8%	0.37%	+0.20
CRWD CrowdStrike Holdings Inc. Class A	New	0.18%	+0.18
MRK Merck & Co. Inc.	Add +29.6%	1.27%	+0.18
PB Prosperity Bancshares Inc.	New	0.17%	+0.17
LULU Lululemon Athletica Inc.	New	0.13%	+0.13
K Kellanova	New	0.13%	+0.13
EQT Eqt Corp.	New	0.11%	+0.11
CLX Clorox Company	New	0.10%	+0.10
ULTA Ulta Beauty Inc.	Add +32.4%	0.43%	+0.10
FBIN Fortune Brands Innovations I	New	0.10%	+0.10
ACN Accenture PLC Class A	Add +42.5%	0.25%	+0.10
MET Metlife Inc.	New	0.10%	+0.10
FISV Fiserv Inc.	New	0.09%	+0.09
WDAY Workday Inc. Class A	Add +13.3%	0.54%	+0.09
BMRN Biomarin Pharmaceutical Inc.	Add +50.1%	0.45%	+0.09
TDG Transdigm Group Inc.	Add +11.4%	0.50%	+0.09
NKE Nike Inc. Class B	Add +0.2%	0.55%	+0.07

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	134	$256.9M	GOOGL, AAPL, URI, PWR, GEV
Q1 2026	143	$236.6M	GOOGL, AAPL, URI, JNJ, PWR
Q4 2025	144	$228.6M	GOOGL, AAPL, MSFT, URI, JNJ
Q3 2025	146	$217.7M	GOOGL, AAPL, URI, MSFT, AMZN
Q2 2025	147	$210.5M	GOOGL, AAPL, URI, MSFT, CHD
Q1 2025	146	$196.9M	AAPL, GOOGL, CHD, URI, JNJ
Q4 2024	143	$196.5M	AAPL, GOOGL, CHD, URI, MSFT
Q3 2024	158	$213.1M	AAPL, GOOGL, CHD, URI, MSFT
Q2 2024	164	$208.2M	AAPL, GOOGL, MSFT, CHD, URI
Q1 2024	158	$203.8M	CHD, GOOGL, MSFT, AAPL, URI