New England Research & Management, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 23, 2025), New England Research & Management, Inc. reported 143 stock positions worth $196.5 million. Its top holding was Apple (AAPL) at 4.6% of the portfolio, followed by Alphabet Class A (GOOGL, 4.4%) and Church & Dwight (CHD, 3.0%). Compared with Q3 2024, it opened 25 new positions, sold out of 40, added to 29 and reduced 70. The biggest buy was a new position in Toll Brothers (TOL) and the biggest sale an exit from Air Products & Chemicals (APD).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001596077
- Portfolio Value
- $196.5M (Q4 2024)
- SEC Filing
- 0001596077-25-000001 ↗ filed Jan 23, 2025
Holdings Value
Holdings 143 stocks · $196.5M
| AAPL Apple Inc. | 4.56% | 35,820 | $9.0M | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 4.38% | 45,421 | $8.6M | Add +17.2% |
| CHD Church & Dwight Co. Inc. | 3.01% | 56,500 | $5.9M | Reduce -1.1% |
| URI United Rentals Inc. | 2.82% | 7,855 | $5.5M | Add +10.0% |
| MSFT Microsoft Corp. | 2.71% | 12,637 | $5.3M | Reduce -4.5% |
| AMZN Amazon.com Inc. | 2.24% | 20,064 | $4.4M | Add +36.4% |
| ZTS Zoetis Inc. | 2.07% | 24,943 | $4.1M | Add +7.7% |
| AVGO Broadcom Inc. | 2.05% | 17,370 | $4.0M | Add +0.1% |
| JNJ Johnson & Johnson | 2.04% | 27,651 | $4.0M | Reduce -2.3% |
| BLK BlackRock Inc. | 1.95% | 3,747 | $3.8M | Add +10.8% |
| ABBV Abbvie Inc. | 1.93% | 21,372 | $3.8M | Add +63.2% |
| CSX CSX Corp. | 1.84% | 112,010 | $3.6M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.81% | 7,845 | $3.6M | No change |
| PWR Quanta Services Inc. | 1.74% | 10,821 | $3.4M | Reduce -24.0% |
| DELL INC | 1.65% | 28,100 | $3.2M | Add +200.5% |
| CARR Carrier Global Corp. | 1.62% | 46,700 | $3.2M | Add +0.4% |
| GS Goldman Sachs Group Inc. | 1.54% | 5,292 | $3.0M | Add +0.1% |
| TOL Toll Brothers Inc. | 1.39% | 21,710 | $2.7M | New |
| SYY Sysco Corp. | 1.30% | 33,334 | $2.5M | Reduce -3.1% |
| META Meta Platforms Inc. Class A | 1.23% | 4,125 | $2.4M | Add +75.5% |
| MRK Merck & Co. Inc. | 1.22% | 24,160 | $2.4M | Add +1.8% |
| ABT Abbott Laboratories | 1.18% | 20,579 | $2.3M | Reduce -21.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.18% | 10,571 | $2.3M | Add +8.5% |
| XOM Exxon Mobil Corp. | 1.10% | 20,086 | $2.2M | Reduce -0.1% |
| KMB Kimberly-Clark Corp. | 1.09% | 16,339 | $2.1M | Reduce -11.0% |
| CP Canadian Pacific Kansas City | 1.06% | 28,780 | $2.1M | Reduce -1.4% |
| GOOG Alphabet Inc. Class C | 1.02% | 10,548 | $2.0M | Reduce -8.4% |
| UTHR United Therapeutics Corp. | 1.01% | 5,640 | $2.0M | Reduce -26.9% |
| H Hyatt Hotels Corp. Class A | 0.98% | 12,275 | $1.9M | Add +36.0% |
| MS Morgan Stanley | 0.97% | 15,200 | $1.9M | Reduce -10.1% |
| LLY Eli Lilly & Co. | 0.94% | 2,401 | $1.9M | Reduce -7.9% |
| FTV Fortive Corp. | 0.93% | 24,272 | $1.8M | New |
| UPS United Parcel Service Class B | 0.91% | 14,145 | $1.8M | Reduce -25.1% |
| LEN Lennar Corp. Class A | 0.89% | 12,827 | $1.7M | Add +115.6% |
| V Visa Inc. Class A | 0.85% | 5,257 | $1.7M | Reduce -0.4% |
| NEE Nextera Energy Inc. | 0.83% | 22,638 | $1.6M | Add +18.3% |
| UNP Union Pacific Corp. | 0.82% | 7,078 | $1.6M | Reduce -5.8% |
| MAS Masco Corp. | 0.81% | 22,000 | $1.6M | Reduce -13.0% |
| KNX Knight-Swift Transportation | 0.80% | 29,625 | $1.6M | Add +199.2% |
| PFE Pfizer Inc. | 0.79% | 58,189 | $1.5M | Reduce -21.9% |
| TDG Transdigm Group Inc. | 0.78% | 1,207 | $1.5M | Add +60.5% |
| MCD McDonald's Corp. | 0.75% | 5,114 | $1.5M | Reduce -5.9% |
| BMY Bristol-Myers Squibb Co. | 0.75% | 26,089 | $1.5M | Reduce -51.5% |
| KO The Coca-Cola Co. | 0.74% | 23,374 | $1.5M | Reduce -4.6% |
| TFC Truist Financial Corp. | 0.73% | 33,128 | $1.4M | Reduce -0.3% |
| AMGN Amgen Inc. | 0.73% | 5,469 | $1.4M | Reduce -48.3% |
| PG The Procter & Gamble Co. | 0.72% | 8,445 | $1.4M | No change |
| IR Ingersoll-Rand Inc. | 0.68% | 14,712 | $1.3M | Reduce -10.2% |
| GE General Electric filed as GE AEROSPACE | 0.68% | 7,975 | $1.3M | Add +174.1% |
| WM Waste Management Inc. | 0.67% | 6,528 | $1.3M | Add +7.8% |
| INVH Invitation Homes Inc. | 0.65% | 40,119 | $1.3M | Reduce -1.6% |
| HD Home Depot Inc. | 0.64% | 3,234 | $1.3M | Add +411.7% |
| LNG Cheniere Energy Inc. | 0.64% | 5,850 | $1.3M | New |
| WASH Washington Trust Bancorp | 0.64% | 40,074 | $1.3M | Reduce -0.1% |
| LRCX Lam Research Corp. | 0.63% | 17,250 | $1.2M | Reduce -6.8% |
| MLM Martin Marietta Materials | 0.60% | 2,285 | $1.2M | Reduce -25.0% |
| TTWO Take-Two Interactive Softwre | 0.59% | 6,275 | $1.2M | Reduce -9.1% |
| TER Teradyne Inc. | 0.57% | 8,975 | $1.1M | New |
| MC Moelis & Co. Class A | 0.57% | 15,225 | $1.1M | New |
| SHW The Sherwin-Williams Co. | 0.56% | 3,260 | $1.1M | Reduce -27.7% |
| UBER Uber Technologies Inc. | 0.56% | 18,375 | $1.1M | New |
| ETN Eaton Corp. PLC | 0.52% | 3,069 | $1.0M | Add +128.3% |
| MDT Medtronic PLC | 0.51% | 12,443 | $994K | Reduce -14.3% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.50% | 11,625 | $992K | New |
| SBUX Starbucks Corp. | 0.50% | 10,794 | $985K | Reduce -7.9% |
| NKE Nike Inc. Class B | 0.50% | 12,925 | $978K | Reduce -2.6% |
| APH Amphenol Corp. Class A | 0.50% | 14,050 | $976K | New |
| BX Blackstone Inc. | 0.50% | 5,650 | $974K | New |
| PEP Pepsico Inc. | 0.47% | 6,131 | $932K | Reduce -4.0% |
| PNR Pentair PLC | 0.47% | 9,250 | $931K | Reduce -1.1% |
| INDB Independent Bank Corp. | 0.46% | 13,941 | $895K | Reduce -1.0% |
| AIR Aar Corp. | 0.45% | 14,550 | $892K | Reduce -16.5% |
| MAR Marriott International Class A | 0.45% | 3,175 | $886K | New |
| IDXX Idexx Laboratories Inc. | 0.44% | 2,095 | $866K | Add +51.8% |
| DT Dynatrace Inc. | 0.43% | 15,525 | $844K | Reduce -6.9% |
| COST Costco Wholesale Corp. | 0.43% | 915 | $838K | Add +59.1% |
| NVDA Nvidia Corp. | 0.42% | 6,155 | $827K | Add +9.8% |
| WMT Walmart Inc. | 0.41% | 9,024 | $815K | Add +13.9% |
| CMA Comerica Inc. | 0.40% | 12,675 | $784K | New |
| HON Honeywell International Inc. | 0.40% | 3,457 | $781K | Reduce -65.0% |
| CE Celanese Corp. | 0.39% | 11,090 | $768K | New |
| HEI Heico Corp. | 0.39% | 3,225 | $767K | New |
| NFLX Netflix Inc. | 0.39% | 854 | $761K | Reduce -22.3% |
| CMCO Columbus McKinnon Corp. | 0.38% | 20,280 | $755K | Reduce -7.4% |
| CL Colgate-Palmolive Co. | 0.38% | 8,288 | $753K | No change |
| NDAQ Nasdaq Inc. | 0.37% | 9,500 | $734K | New |
| DCI Donaldson Co. Inc. | 0.37% | 10,729 | $723K | Reduce -0.9% |
| WDAY Workday Inc. Class A | 0.36% | 2,765 | $713K | Reduce -40.9% |
| CSCO Cisco Systems Inc. | 0.35% | 11,465 | $679K | Reduce -25.2% |
| WFC Wells Fargo & Co. | 0.34% | 9,605 | $675K | New |
| VLO Valero Energy Corp. | 0.31% | 4,975 | $610K | Reduce -28.7% |
| LUV Southwest Airlines Co. | 0.31% | 18,075 | $608K | New |
| VZ Verizon Communications Inc. | 0.30% | 14,940 | $597K | Reduce -6.3% |
| CFG Citizens Financial Group | 0.30% | 13,612 | $596K | Reduce -0.9% |
| TTEK Tetra Tech Inc. | 0.30% | 14,950 | $596K | New |
| AB Alliancebernstein Holding LP | 0.30% | 15,950 | $592K | Add +51.2% |
| PATK Patrick Industries Inc. | 0.30% | 7,011 | $582K | Reduce -4.6% |
| QSR Restaurant Brands Intern | 0.28% | 8,349 | $544K | Reduce -1.8% |
| EMR Emerson Electric Co. | 0.28% | 4,378 | $543K | No change |
| LII Lennox International Inc. | 0.27% | 880 | $536K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −1.08 |
| SYK Stryker Corp. | Sold out | 0.00% | −1.07 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −1.00 |
| AMGN Amgen Inc. | Reduce -48.3% | 0.73% | −0.87 |
| J Jacobs Solutions Inc. | Reduce -90.3% | 0.11% | −0.87 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.81 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.79 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.76 |
| AMD Advanced Micro Devices | Reduce -82.0% | 0.11% | −0.67 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −0.62 |
| HON Honeywell International Inc. | Reduce -65.0% | 0.40% | −0.56 |
| BMY Bristol-Myers Squibb Co. | Reduce -51.5% | 0.75% | −0.56 |
| GIS General Mills Inc. | Reduce -64.3% | 0.26% | −0.52 |
| BMRN Biomarin Pharmaceutical Inc. | Sold out | 0.00% | −0.45 |
| TMO Thermo Fisher Scientific Inc. | Reduce -66.8% | 0.19% | −0.45 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.40 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.40 |
| LHX L3HARRIS Technologies Inc. | Reduce -57.3% | 0.27% | −0.39 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.36 |
| CFR Cullen/Frost Bankers Inc. | Reduce -79.2% | 0.12% | −0.33 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.33 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.31 |
| UPS United Parcel Service Class B | Reduce -25.1% | 0.91% | −0.30 |
| UTHR United Therapeutics Corp. | Reduce -26.9% | 1.01% | −0.29 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.26 |
| PWR Quanta Services Inc. | Reduce -24.0% | 1.74% | −0.25 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −0.25 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.25 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.25 |
| SHW The Sherwin-Williams Co. | Reduce -27.7% | 0.56% | −0.24 |
| AMENTUM HOLDINGS INC (AMNTEC 7.25 08/01/32 144A) | Sold out | 0.00% | −0.24 |
| PFE Pfizer Inc. | Reduce -21.9% | 0.79% | −0.23 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.23 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.21 |
| ABT Abbott Laboratories | Reduce -21.2% | 1.18% | −0.21 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.20 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.20 |
| ULTA Ulta Beauty Inc. | Reduce -55.1% | 0.23% | −0.19 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.19 |
| ENS Enersys | Reduce -48.3% | 0.19% | −0.19 |
| CTSH Cognizant Tech Solutions-A | Sold out | 0.00% | −0.19 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.18 |
| MAS Masco Corp. | Reduce -13.0% | 0.81% | −0.18 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.17 |
| WDAY Workday Inc. Class A | Reduce -40.9% | 0.36% | −0.17 |
| PB Prosperity Bancshares Inc. | Sold out | 0.00% | −0.17 |
| MLM Martin Marietta Materials | Reduce -25.0% | 0.60% | −0.17 |
| TRMB Trimble Inc. | Sold out | 0.00% | −0.15 |
| OGN Organon & Co. | Sold out | 0.00% | −0.14 |
| LLY Eli Lilly & Co. | Reduce -7.9% | 0.94% | −0.14 |
Portfolio Buys Q3 2024 → Q4 2024
| TOL Toll Brothers Inc. | New | 1.39% | +1.39 |
| GOOGL Alphabet Inc. Class A | Add +17.2% | 4.38% | +1.36 |
| DELL INC | Add +200.5% | 1.65% | +1.13 |
| AMZN Amazon.com Inc. | Add +36.4% | 2.24% | +0.95 |
| FTV Fortive Corp. | New | 0.93% | +0.93 |
| ABBV Abbvie Inc. | Add +63.2% | 1.93% | +0.72 |
| AVGO Broadcom Inc. | Add +0.1% | 2.05% | +0.64 |
| LNG Cheniere Energy Inc. | New | 0.64% | +0.64 |
| META Meta Platforms Inc. Class A | Add +75.5% | 1.23% | +0.60 |
| TER Teradyne Inc. | New | 0.57% | +0.57 |
| MC Moelis & Co. Class A | New | 0.57% | +0.57 |
| UBER Uber Technologies Inc. | New | 0.56% | +0.56 |
| KNX Knight-Swift Transportation | Add +199.2% | 0.80% | +0.55 |
| HD Home Depot Inc. | Add +411.7% | 0.64% | +0.52 |
| CF CF Industries Holdings Inc. | New | 0.50% | +0.50 |
| APH Amphenol Corp. Class A | New | 0.50% | +0.50 |
| BX Blackstone Inc. | New | 0.50% | +0.50 |
| MAR Marriott International Class A | New | 0.45% | +0.45 |
| BLK BlackRock Inc. | Add +10.8% | 1.95% | +0.45 |
| GE General Electric | Add +174.1% | 0.68% | +0.42 |
| CMA Comerica Inc. | New | 0.40% | +0.40 |
| CE Celanese Corp. | New | 0.39% | +0.39 |
| HEI Heico Corp. | New | 0.39% | +0.39 |
| NDAQ Nasdaq Inc. | New | 0.37% | +0.37 |
| LEN Lennar Corp. Class A | Add +115.6% | 0.89% | +0.37 |
| WFC Wells Fargo & Co. | New | 0.34% | +0.34 |
| H Hyatt Hotels Corp. Class A | Add +36.0% | 0.98% | +0.34 |
| GS Goldman Sachs Group Inc. | Add +0.1% | 1.54% | +0.31 |
| ETN Eaton Corp. PLC | Add +128.3% | 0.52% | +0.31 |
| LUV Southwest Airlines Co. | New | 0.31% | +0.31 |
| TTEK Tetra Tech Inc. | New | 0.30% | +0.30 |
| TDG Transdigm Group Inc. | Add +60.5% | 0.78% | +0.27 |
| FICO Fair Isaac Corp. | New | 0.25% | +0.25 |
| SNOW Snowflake Inc. | New | 0.25% | +0.25 |
| MDLZ Mondelez International Inc. Class A | New | 0.22% | +0.22 |
| COST Costco Wholesale Corp. | Add +59.1% | 0.43% | +0.19 |
| HST Host Hotels & Resorts Inc. | New | 0.18% | +0.18 |
| IBM Intl Business Machines Corp. | Add +8.5% | 1.18% | +0.17 |
| JEFFERIES GROUP LLC | New | 0.17% | +0.17 |
| CCJ Cameco Corp. | New | 0.16% | +0.16 |
| EFX Equifax Inc. | New | 0.14% | +0.14 |
| AB Alliancebernstein Holding LP | Add +51.2% | 0.30% | +0.13 |
| GEV GE Vernova Inc. | New | 0.12% | +0.12 |
| WMT Walmart Inc. | Add +13.9% | 0.41% | +0.11 |
| IDXX Idexx Laboratories Inc. | Add +51.8% | 0.44% | +0.11 |
| URI United Rentals Inc. | Add +10.0% | 2.82% | +0.10 |
| NVDA Nvidia Corp. | Add +9.8% | 0.42% | +0.10 |
| WM Waste Management Inc. | Add +7.8% | 0.67% | +0.08 |
| NEE Nextera Energy Inc. | Add +18.3% | 0.83% | +0.07 |
| CSX CSX Corp. | Add +1.2% | 1.84% | +0.05 |
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 |