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

0$100.0M$200.0M$300.0M Q1 2024: $203.8M Q1 2024 Q2 2024: $208.2M Q2 2024 Q3 2024: $213.1M Q3 2024 Q4 2024: $196.5M $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 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
LHX L3HARRIS Technologies Inc. 0.27% 2,495 $525K Reduce -57.3%
GIS General Mills Inc. 0.26% 8,125 $518K Reduce -64.3%
FICO Fair Isaac Corp. 0.25% 250 $498K New
SNOW Snowflake Inc. 0.25% 3,200 $494K New
ABNB Airbnb Inc. Class A 0.25% 3,740 $491K Reduce -10.7%
VEEV Veeva Systems Inc. Class A 0.24% 2,275 $478K Reduce -38.9%
ASML ASML Holding NV-NY Reg SHS 0.24% 688 $477K Reduce -0.7%
ULTA Ulta Beauty Inc. 0.23% 1,045 $455K Reduce -55.1%
MMM 3M Co. 0.22% 3,420 $441K No change
TKR Timken Co. 0.22% 6,175 $441K Reduce -27.4%
MDLZ Mondelez International Inc. Class A 0.22% 7,237 $432K New
SPG Simon Property Group Inc. 0.22% 2,505 $431K Reduce -2.9%
RHHBY Roche Holdings Ltd.-Spons ADR 0.22% 12,312 $429K Reduce -7.9%
AZN Astrazeneca PLC-Spons ADR 0.21% 6,150 $403K No change
PH Parker Hannifin Corp. 0.20% 630 $401K No change
ALL Allstate Corp. 0.20% 2,006 $387K No change
TMO Thermo Fisher Scientific Inc. 0.19% 735 $382K Reduce -66.8%
ENS Enersys 0.19% 4,125 $381K Reduce -48.3%
INTU Intuit Inc. 0.18% 575 $361K No change
HST Host Hotels & Resorts Inc. 0.18% 19,900 $349K New
IBP Installed Building Products 0.17% 1,925 $337K No change
JEFFERIES GROUP LLC 0.17% 4,150 $325K New
XYL Xylem Inc. 0.16% 2,744 $318K No change
CCJ Cameco Corp. 0.16% 6,075 $312K New
PRU Prudential Financial Inc. 0.16% 2,621 $311K Reduce -17.5%
MA Mastercard Inc. Class A 0.16% 580 $305K Reduce -1.7%
CNI Canadian Natl Railway Co. 0.15% 2,950 $299K Reduce -22.4%
DRI Darden Restaurants Inc. 0.15% 1,591 $297K No change
EFX Equifax Inc. 0.14% 1,050 $268K New
K Kellanova 0.14% 3,310 $268K No change
CMCSA Comcast Corp. Class A 0.13% 6,996 $263K No change
JPM JPMorgan Chase & Co. 0.13% 1,065 $255K No change
CFR Cullen/Frost Bankers Inc. 0.12% 1,775 $238K Reduce -79.2%
GEV GE Vernova Inc. 0.12% 725 $238K New
EQT Eqt Corp. 0.12% 5,025 $232K Reduce -23.9%
FISV Fiserv Inc. 0.12% 1,121 $230K No change
PANW Palo Alto Networks Inc. 0.11% 1,220 $222K Reduce -2.4%
AMD Advanced Micro Devices 0.11% 1,825 $220K Reduce -82.0%
CLX Clorox Company 0.11% 1,350 $219K Add +1.9%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.11% 2,830 $212K Reduce -39.6%
J Jacobs Solutions Inc. 0.11% 1,550 $207K Reduce -90.3%
MET Metlife Inc. 0.10% 2,475 $203K No change
The FRS Company 0.00% 114,324 $0 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

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