New England Research & Management, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), New England Research & Management, Inc. reported 146 stock positions worth $196.9 million. Its top holding was Apple (AAPL) at 3.9% of the portfolio, followed by Alphabet Class A (GOOGL, 3.9%) and Church & Dwight (CHD, 3.1%). Compared with Q4 2024, it opened 26 new positions, sold out of 23, added to 46 and reduced 60. The biggest buy was Uber Technologies (UBER, shares +137%) and the biggest sale Broadcom (AVGO, shares −44%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001596077
Portfolio Value
$196.9M (Q1 2025)
SEC Filing
0001596077-25-000003 ↗ filed Apr 16, 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 Q4 2024 Q1 2025: $196.9M $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 146 stocks · $196.9M
AAPL Apple Inc. 3.89% 34,502 $7.7M Reduce -3.7%
GOOGL Alphabet Inc. Class A 3.86% 49,090 $7.6M Add +8.1%
CHD Church & Dwight Co. Inc. 3.13% 56,000 $6.2M Reduce -0.9%
URI United Rentals Inc. 2.78% 8,745 $5.5M Add +11.3%
JNJ Johnson & Johnson 2.51% 29,748 $4.9M Add +7.6%
MSFT Microsoft Corp. 2.36% 12,388 $4.7M Reduce -2.0%
GS Goldman Sachs Group Inc. 2.23% 8,023 $4.4M Add +51.6%
AMZN Amazon.com Inc. 2.20% 22,763 $4.3M Add +13.4%
BRK.B Berkshire Hathaway Inc. Class B 2.12% 7,845 $4.2M No change
ZTS Zoetis Inc. 2.06% 24,618 $4.1M Reduce -1.3%
ABBV Abbvie Inc. 2.03% 19,106 $4.0M Reduce -10.6%
BLK BlackRock Inc. 1.86% 3,866 $3.7M Add +3.2%
CSX CSX Corp. 1.71% 114,110 $3.4M Add +1.9%
H Hyatt Hotels Corp. Class A 1.66% 26,624 $3.3M Add +116.9%
PWR Quanta Services Inc. 1.62% 12,571 $3.2M Add +16.2%
UBER Uber Technologies Inc. 1.61% 43,638 $3.2M Add +137.5%
SYY Sysco Corp. 1.58% 41,493 $3.1M Add +24.5%
DELL INC 1.55% 33,500 $3.1M Add +19.2%
CARR Carrier Global Corp. 1.43% 44,500 $2.8M Reduce -4.7%
HD Home Depot Inc. 1.31% 7,034 $2.6M Add +117.5%
ABT Abbott Laboratories 1.27% 18,884 $2.5M Reduce -8.2%
TOL Toll Brothers Inc. 1.23% 23,010 $2.4M Add +6.0%
MRK Merck & Co. Inc. 1.14% 25,055 $2.2M Add +3.7%
LLY Eli Lilly & Co. 1.14% 2,711 $2.2M Add +12.9%
META Meta Platforms Inc. Class A 1.14% 3,880 $2.2M Reduce -5.9%
XOM Exxon Mobil Corp. 1.09% 18,059 $2.1M Reduce -10.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.02% 8,070 $2.0M Reduce -23.7%
NFLX Netflix Inc. 1.01% 2,122 $2.0M Add +148.5%
NEE Nextera Energy Inc. 1.00% 27,813 $2.0M Add +22.9%
BMY Bristol-Myers Squibb Co. 0.94% 30,269 $1.8M Add +16.0%
V Visa Inc. Class A 0.93% 5,232 $1.8M Reduce -0.5%
MS Morgan Stanley 0.93% 15,694 $1.8M Add +3.3%
LII Lennox International Inc. 0.91% 3,180 $1.8M Add +261.4%
UTHR United Therapeutics Corp. 0.88% 5,650 $1.7M Add +0.2%
A Agilent Technologies Inc. 0.85% 14,225 $1.7M New
AVGO Broadcom Inc. 0.83% 9,789 $1.6M Reduce -43.6%
KO The Coca-Cola Co. 0.83% 22,699 $1.6M Reduce -2.9%
GOOG Alphabet Inc. Class C 0.82% 10,391 $1.6M Reduce -1.5%
INVH Invitation Homes Inc. 0.81% 45,814 $1.6M Add +14.2%
WM Waste Management Inc. 0.81% 6,863 $1.6M Add +5.1%
KMB Kimberly-Clark Corp. 0.81% 11,149 $1.6M Reduce -31.8%
IR Ingersoll-Rand Inc. 0.80% 19,682 $1.6M Add +33.8%
MCD McDonald's Corp. 0.80% 5,029 $1.6M Reduce -1.7%
UNP Union Pacific Corp. 0.77% 6,443 $1.5M Reduce -9.0%
UPS United Parcel Service Class B 0.74% 13,170 $1.4M Reduce -6.9%
GEV GE Vernova Inc. 0.73% 4,705 $1.4M Add +549.0%
CRWD CrowdStrike Holdings Inc. Class A 0.73% 4,058 $1.4M New
LEN Lennar Corp. Class A 0.72% 12,377 $1.4M Reduce -3.5%
PFE Pfizer Inc. 0.72% 55,627 $1.4M Reduce -4.4%
PG The Procter & Gamble Co. 0.70% 8,049 $1.4M Reduce -4.7%
CP Canadian Pacific Kansas City 0.69% 19,263 $1.4M Reduce -33.1%
TFC Truist Financial Corp. 0.69% 32,784 $1.3M Reduce -1.0%
ETN Eaton Corp. PLC 0.68% 4,944 $1.3M Add +61.1%
MAS Masco Corp. 0.64% 18,175 $1.3M Reduce -17.4%
WASH Washington Trust Bancorp 0.62% 39,229 $1.2M Reduce -2.1%
DAL Delta Air Lines Inc. 0.61% 27,375 $1.2M New
AZN Astrazeneca PLC-Spons ADR 0.60% 15,950 $1.2M Add +159.3%
CMA Comerica Inc. 0.59% 19,682 $1.2M Add +55.3%
MLM Martin Marietta Materials 0.57% 2,355 $1.1M Add +3.1%
TDG Transdigm Group Inc. 0.57% 805 $1.1M Reduce -33.3%
NKE Nike Inc. Class B 0.56% 17,475 $1.1M Add +35.2%
TRMB Trimble Inc. 0.52% 15,640 $1.0M New
PCAR Paccar Inc. 0.51% 10,350 $1.0M New
TKR Timken Co. 0.51% 13,975 $1.0M Add +126.3%
LUV Southwest Airlines Co. 0.51% 29,707 $998K Add +64.3%
TMO Thermo Fisher Scientific Inc. 0.50% 1,981 $986K Add +169.5%
MA Mastercard Inc. Class A 0.47% 1,705 $935K Add +194.0%
APH Amphenol Corp. Class A 0.47% 14,075 $923K Add +0.2%
MDLZ Mondelez International Inc. Class A 0.46% 13,257 $899K Add +83.2%
MAR Marriott International Class A 0.46% 3,770 $898K Add +18.7%
MDT Medtronic PLC 0.46% 9,971 $896K Reduce -19.9%
MC Moelis & Co. Class A 0.45% 15,125 $883K Reduce -0.7%
INDB Independent Bank Corp. 0.44% 13,891 $870K Reduce -0.4%
PEP Pepsico Inc. 0.41% 5,371 $805K Reduce -12.4%
AMGN Amgen Inc. 0.40% 2,543 $792K Reduce -53.5%
CL Colgate-Palmolive Co. 0.39% 8,288 $777K No change
PNR Pentair PLC 0.39% 8,750 $765K Reduce -5.4%
WFC Wells Fargo & Co. 0.39% 10,610 $762K Add +10.5%
WMT Walmart Inc. 0.38% 8,624 $757K Reduce -4.4%
ORCL Oracle Corp. 0.38% 5,405 $756K New
FLR Fluor Corp. 0.38% 20,650 $740K New
VRT Vertiv Holdings Co. Class A 0.38% 10,243 $740K New
AIR Aar Corp. 0.37% 13,150 $736K Reduce -9.6%
RCL Royal Caribbean Cruises Ltd. 0.37% 3,500 $719K New
COST Costco Wholesale Corp. 0.36% 750 $709K Reduce -18.0%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.34% 12,350 $676K New
NVDA Nvidia Corp. 0.34% 6,188 $671K Add +0.5%
TTWO Take-Two Interactive Softwre 0.34% 3,200 $663K Reduce -49.0%
J Jacobs Solutions Inc. 0.33% 5,450 $659K Add +251.6%
CSCO Cisco Systems Inc. 0.33% 10,665 $658K Reduce -7.0%
GE General Electric filed as GE AEROSPACE 0.33% 3,247 $650K Reduce -59.3%
VLO Valero Energy Corp. 0.33% 4,925 $650K Reduce -1.0%
DCI Donaldson Co. Inc. 0.32% 9,379 $629K Reduce -12.6%
JAZZ Jazz Pharmaceuticals PLC 0.32% 5,050 $627K New
CFG Citizens Financial Group 0.31% 14,837 $608K Add +9.0%
IBKR Interactive Brokers Gro Class A 0.27% 3,250 $538K New
QSR Restaurant Brands Intern 0.27% 8,049 $536K Reduce -3.6%
SBUX Starbucks Corp. 0.27% 5,387 $528K Reduce -50.1%
ASML ASML Holding NV-NY Reg SHS 0.26% 760 $504K Add +10.5%
GIS General Mills Inc. 0.25% 8,125 $486K No change
PATK Patrick Industries Inc. 0.24% 5,661 $479K Reduce -19.3%
DDOG Datadog Inc. Class A 0.24% 4,800 $476K New
MMM 3M Co. 0.24% 3,170 $466K Reduce -7.3%
FICO Fair Isaac Corp. 0.23% 245 $452K Reduce -2.0%
LRCX Lam Research Corp. 0.23% 6,167 $448K Reduce -64.3%
AB Alliancebernstein Holding LP 0.23% 11,600 $444K Reduce -27.3%
EMR Emerson Electric Co. 0.22% 3,890 $426K Reduce -11.2%
TTEK Tetra Tech Inc. 0.22% 14,575 $426K Reduce -2.5%
SPG Simon Property Group Inc. 0.21% 2,505 $416K No change
ALL Allstate Corp. 0.21% 2,000 $414K Reduce -0.3%
CCJ Cameco Corp. 0.20% 9,575 $394K Add +57.6%
CE Celanese Corp. 0.20% 6,925 $393K Reduce -37.6%
PANW Palo Alto Networks Inc. 0.20% 2,291 $391K Add +87.8%
REGN Regeneron Pharmaceuticals 0.20% 605 $384K New
ULTA Ulta Beauty Inc. 0.19% 1,045 $383K No change
LHX L3HARRIS Technologies Inc. 0.19% 1,800 $377K Reduce -27.9%
BellRing Brands, Inc. 0.19% 5,050 $376K New
INTU Intuit Inc. 0.18% 586 $360K Add +1.9%
ENS Enersys 0.18% 3,925 $359K Reduce -4.8%
IDXX Idexx Laboratories Inc. 0.18% 845 $355K Reduce -59.7%
BDX Becton Dickinson and Co. 0.18% 1,545 $354K New
DRI Darden Restaurants Inc. 0.17% 1,591 $331K No change
IBP Installed Building Products 0.17% 1,925 $330K No change
CRM Salesforce Inc. 0.17% 1,230 $330K New
XYL Xylem Inc. 0.17% 2,744 $328K No change
HUBS HubSpot Inc. 0.16% 560 $320K New
DT Dynatrace Inc. 0.16% 6,575 $310K Reduce -57.6%
LULU Lululemon Athletica Inc. 0.15% 1,062 $301K New
AVT Avnet Inc. 0.15% 6,225 $299K New
HON Honeywell International Inc. 0.15% 1,398 $296K Reduce -59.6%
HST Host Hotels & Resorts Inc. 0.14% 19,800 $281K Reduce -0.5%
K Kellanova 0.14% 3,310 $273K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.14% 275 $272K New
JPM JPMorgan Chase & Co. 0.13% 1,065 $261K No change
EFX Equifax Inc. 0.13% 1,050 $256K No change
CNI Canadian Natl Railway Co. 0.13% 2,600 $253K Reduce -11.9%
CMCO Columbus McKinnon Corp. 0.13% 14,644 $248K Reduce -27.8%
FISV Fiserv Inc. 0.13% 1,121 $248K No change
LH Laboratory CRP of Amer Hldgs filed as LABCORP HLDGS INC 0.12% 1,025 $239K New
CMCSA Comcast Corp. Class A 0.11% 6,092 $225K Reduce -12.9%
ACMR Acm Research Inc. Class A 0.11% 9,550 $223K New
CFR Cullen/Frost Bankers Inc. 0.11% 1,775 $222K No change
PB Prosperity Bancshares Inc. 0.11% 2,975 $212K New
TRV The Travelers Cos Inc. 0.11% 787 $208K New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.10% 4,792 $200K New
The FRS Company 0.00% 114,324 $0 No change

Portfolio Sells Q4 2024 → Q1 2025
AVGO Broadcom Inc. Reduce -43.6% 0.83% −1.22
FTV Fortive Corp. Sold out 0.00% −0.93
KNX Knight-Swift Transportation Sold out 0.00% −0.80
AAPL Apple Inc. Reduce -3.7% 3.89% −0.67
LNG Cheniere Energy Inc. Sold out 0.00% −0.64
TER Teradyne Inc. Sold out 0.00% −0.57
SHW The Sherwin-Williams Co. Sold out 0.00% −0.56
CF CF Industries Holdings Inc. Sold out 0.00% −0.50
BX Blackstone Inc. Sold out 0.00% −0.50
LRCX Lam Research Corp. Reduce -64.3% 0.23% −0.41
HEI Heico Corp. Sold out 0.00% −0.39
NDAQ Nasdaq Inc. Sold out 0.00% −0.37
CP Canadian Pacific Kansas City Reduce -33.1% 0.69% −0.37
WDAY Workday Inc. Class A Sold out 0.00% −0.36
MSFT Microsoft Corp. Reduce -2.0% 2.36% −0.35
GE General Electric Reduce -59.3% 0.33% −0.35
AMGN Amgen Inc. Reduce -53.5% 0.40% −0.32
VZ Verizon Communications Inc. Sold out 0.00% −0.30
KMB Kimberly-Clark Corp. Reduce -31.8% 0.81% −0.28
DT Dynatrace Inc. Reduce -57.6% 0.16% −0.27
IDXX Idexx Laboratories Inc. Reduce -59.7% 0.18% −0.26
CMCO Columbus McKinnon Corp. Reduce -27.8% 0.13% −0.26
SNOW Snowflake Inc. Sold out 0.00% −0.25
TTWO Take-Two Interactive Softwre Reduce -49.0% 0.34% −0.25
ABNB Airbnb Inc. Class A Sold out 0.00% −0.25
HON Honeywell International Inc. Reduce -59.6% 0.15% −0.25
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.24
SBUX Starbucks Corp. Reduce -50.1% 0.27% −0.23
RHHBY Roche Holdings Ltd.-Spons ADR Sold out 0.00% −0.22
TDG Transdigm Group Inc. Reduce -33.3% 0.57% −0.21
PH Parker Hannifin Corp. Sold out 0.00% −0.20
GOOG Alphabet Inc. Class C Reduce -1.5% 0.82% −0.20
CE Celanese Corp. Reduce -37.6% 0.20% −0.19
CARR Carrier Global Corp. Reduce -4.7% 1.43% −0.19
UPS United Parcel Service Class B Reduce -6.9% 0.74% −0.17
MAS Masco Corp. Reduce -17.4% 0.64% −0.17
LEN Lennar Corp. Class A Reduce -3.5% 0.72% −0.17
JEFFERIES GROUP LLC Sold out 0.00% −0.17
IBM Intl Business Machines Corp. Reduce -23.7% 1.02% −0.16
PRU Prudential Financial Inc. Sold out 0.00% −0.16
MC Moelis & Co. Class A Reduce -0.7% 0.45% −0.12
EQT Eqt Corp. Sold out 0.00% −0.12
AMD Advanced Micro Devices Sold out 0.00% −0.11
CLX Clorox Company Sold out 0.00% −0.11
EL Estee Lauder Companies Class A Sold out 0.00% −0.11
MET Metlife Inc. Sold out 0.00% −0.10
META Meta Platforms Inc. Class A Reduce -5.9% 1.14% −0.09
TTEK Tetra Tech Inc. Reduce -2.5% 0.22% −0.09
PNR Pentair PLC Reduce -5.4% 0.39% −0.09
AIR Aar Corp. Reduce -9.6% 0.37% −0.08

Portfolio Buys Q4 2024 → Q1 2025
UBER Uber Technologies Inc. Add +137.5% 1.61% +1.05
A Agilent Technologies Inc. New 0.85% +0.85
CRWD CrowdStrike Holdings Inc. Class A New 0.73% +0.73
GS Goldman Sachs Group Inc. Add +51.6% 2.23% +0.68
H Hyatt Hotels Corp. Class A Add +116.9% 1.66% +0.68
HD Home Depot Inc. Add +117.5% 1.31% +0.67
LII Lennox International Inc. Add +261.4% 0.91% +0.63
NFLX Netflix Inc. Add +148.5% 1.01% +0.62
GEV GE Vernova Inc. Add +549.0% 0.73% +0.61
DAL Delta Air Lines Inc. New 0.61% +0.61
TRMB Trimble Inc. New 0.52% +0.52
PCAR Paccar Inc. New 0.51% +0.51
JNJ Johnson & Johnson Add +7.6% 2.51% +0.47
AZN Astrazeneca PLC-Spons ADR Add +159.3% 0.60% +0.39
ORCL Oracle Corp. New 0.38% +0.38
FLR Fluor Corp. New 0.38% +0.38
VRT Vertiv Holdings Co. Class A New 0.38% +0.38
RCL Royal Caribbean Cruises Ltd. New 0.37% +0.37
TTD Trade Desk Inc./the Class A New 0.34% +0.34
MA Mastercard Inc. Class A Add +194.0% 0.47% +0.32
JAZZ Jazz Pharmaceuticals PLC New 0.32% +0.32
TMO Thermo Fisher Scientific Inc. Add +169.5% 0.50% +0.31
TKR Timken Co. Add +126.3% 0.51% +0.29
SYY Sysco Corp. Add +24.5% 1.58% +0.28
IBKR Interactive Brokers Gro Class A New 0.27% +0.27
DDOG Datadog Inc. Class A New 0.24% +0.24
MDLZ Mondelez International Inc. Class A Add +83.2% 0.46% +0.24
J Jacobs Solutions Inc. Add +251.6% 0.33% +0.23
LUV Southwest Airlines Co. Add +64.3% 0.51% +0.20
REGN Regeneron Pharmaceuticals New 0.20% +0.20
LLY Eli Lilly & Co. Add +12.9% 1.14% +0.19
CMA Comerica Inc. Add +55.3% 0.59% +0.19
BellRing Brands, Inc. New 0.19% +0.19
BMY Bristol-Myers Squibb Co. Add +16.0% 0.94% +0.19
BDX Becton Dickinson and Co. New 0.18% +0.18
NEE Nextera Energy Inc. Add +22.9% 1.00% +0.18
CRM Salesforce Inc. New 0.17% +0.17
ETN Eaton Corp. PLC Add +61.1% 0.68% +0.16
HUBS HubSpot Inc. New 0.16% +0.16
INVH Invitation Homes Inc. Add +14.2% 0.81% +0.16
LULU Lululemon Athletica Inc. New 0.15% +0.15
AVT Avnet Inc. New 0.15% +0.15
GWW WW Grainger Inc. New 0.14% +0.14
WM Waste Management Inc. Add +5.1% 0.81% +0.14
IR Ingersoll-Rand Inc. Add +33.8% 0.80% +0.12
LH Laboratory CRP of Amer Hldgs New 0.12% +0.12
ACMR Acm Research Inc. Class A New 0.11% +0.11
PB Prosperity Bancshares Inc. New 0.11% +0.11
TRV The Travelers Cos Inc. New 0.11% +0.11
SLB SLB Ltd. New 0.10% +0.10

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