New England Research & Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), New England Research & Management, Inc. reported 147 stock positions worth $210.5 million. Its top holding was Alphabet Class A (GOOGL) at 4.1% of the portfolio, followed by Apple (AAPL, 3.5%) and United Rentals (URI, 3.1%). Compared with Q1 2025, it opened 30 new positions, sold out of 29, added to 41 and reduced 50. The biggest buy was a new position in Fortinet (FTNT) and the biggest sale an exit from BlackRock (BLK).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001596077
- Portfolio Value
- $210.5M (Q2 2025)
- SEC Filing
- 0001596077-25-000004 ↗ filed Jul 9, 2025
Holdings Value
Holdings 147 stocks · $210.5M
| GOOGL Alphabet Inc. Class A | 4.10% | 49,015 | $8.6M | Reduce -0.1% |
| AAPL Apple Inc. | 3.50% | 35,886 | $7.4M | Add +4.0% |
| URI United Rentals Inc. | 3.14% | 8,785 | $6.6M | Add +0.5% |
| MSFT Microsoft Corp. | 2.98% | 12,630 | $6.3M | Add +1.9% |
| CHD Church & Dwight Co. Inc. | 2.49% | 54,600 | $5.2M | Reduce -2.5% |
| AMZN Amazon.com Inc. | 2.49% | 23,879 | $5.2M | Add +4.9% |
| GS Goldman Sachs Group Inc. | 2.28% | 6,794 | $4.8M | Reduce -15.3% |
| PWR Quanta Services Inc. | 2.24% | 12,481 | $4.7M | Reduce -0.7% |
| JNJ Johnson & Johnson | 2.16% | 29,763 | $4.5M | Add +0.1% |
| ZTS Zoetis Inc. | 1.84% | 24,788 | $3.9M | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.82% | 7,870 | $3.8M | Add +0.3% |
| ABBV Abbvie Inc. | 1.80% | 20,441 | $3.8M | Add +7.0% |
| CSX CSX Corp. | 1.78% | 114,810 | $3.7M | Add +0.6% |
| META Meta Platforms Inc. Class A | 1.69% | 4,830 | $3.6M | Add +24.5% |
| DELL INC | 1.62% | 27,835 | $3.4M | Reduce -16.9% |
| CARR Carrier Global Corp. | 1.55% | 44,575 | $3.3M | Add +0.2% |
| H Hyatt Hotels Corp. Class A | 1.54% | 23,271 | $3.3M | Reduce -12.6% |
| HD Home Depot Inc. | 1.35% | 7,771 | $2.8M | Add +10.5% |
| SYY Sysco Corp. | 1.33% | 36,949 | $2.8M | Reduce -10.9% |
| FTNT Fortinet Inc. | 1.29% | 25,780 | $2.7M | New |
| AVGO Broadcom Inc. | 1.27% | 9,735 | $2.7M | Reduce -0.6% |
| TOL Toll Brothers Inc. | 1.25% | 23,010 | $2.6M | No change |
| UNH Unitedhealth Group Inc. | 1.20% | 8,120 | $2.5M | New |
| ETN Eaton Corp. PLC | 1.19% | 7,044 | $2.5M | Add +42.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.13% | 8,070 | $2.4M | No change |
| MS Morgan Stanley | 1.04% | 15,519 | $2.2M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 1.04% | 2,801 | $2.2M | Add +3.3% |
| XOM Exxon Mobil Corp. | 1.02% | 19,852 | $2.1M | Add +9.9% |
| UBER Uber Technologies Inc. | 0.98% | 22,069 | $2.1M | Reduce -49.4% |
| NEE Nextera Energy Inc. | 0.94% | 28,628 | $2.0M | Add +2.9% |
| GOOG Alphabet Inc. Class C | 0.89% | 10,591 | $1.9M | Add +1.9% |
| AWK American Water Works Co. Inc. | 0.89% | 13,500 | $1.9M | New |
| NFLX Netflix Inc. | 0.87% | 1,361 | $1.8M | Reduce -35.9% |
| LII Lennox International Inc. | 0.86% | 3,170 | $1.8M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.84% | 22,405 | $1.8M | Reduce -10.6% |
| VRT Vertiv Holdings Co. Class A | 0.78% | 12,780 | $1.6M | Add +24.8% |
| IR Ingersoll-Rand Inc. | 0.77% | 19,612 | $1.6M | Reduce -0.4% |
| A Agilent Technologies Inc. | 0.77% | 13,775 | $1.6M | Reduce -3.2% |
| KO The Coca-Cola Co. | 0.77% | 22,858 | $1.6M | Add +0.7% |
| UTHR United Therapeutics Corp. | 0.75% | 5,525 | $1.6M | Reduce -2.2% |
| TER Teradyne Inc. | 0.74% | 17,210 | $1.5M | New |
| V Visa Inc. Class A | 0.73% | 4,354 | $1.5M | Reduce -16.8% |
| CP Canadian Pacific Kansas City | 0.72% | 19,193 | $1.5M | Reduce -0.4% |
| INVH Invitation Homes Inc. | 0.72% | 46,214 | $1.5M | Add +0.9% |
| MCD McDonald's Corp. | 0.72% | 5,159 | $1.5M | Add +2.6% |
| UNP Union Pacific Corp. | 0.70% | 6,443 | $1.5M | No change |
| APO Apollo Global Management Inc. | 0.68% | 10,100 | $1.4M | New |
| ABT Abbott Laboratories | 0.67% | 10,334 | $1.4M | Reduce -45.3% |
| TFC Truist Financial Corp. | 0.66% | 32,075 | $1.4M | Reduce -2.2% |
| BMY Bristol-Myers Squibb Co. | 0.65% | 29,569 | $1.4M | Reduce -2.3% |
| WM Waste Management Inc. | 0.65% | 5,985 | $1.4M | Reduce -12.8% |
| PANW Palo Alto Networks Inc. | 0.65% | 6,668 | $1.4M | Add +191.1% |
| DAL Delta Air Lines Inc. | 0.64% | 27,275 | $1.3M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 0.64% | 8,420 | $1.3M | Add +4.6% |
| LEN Lennar Corp. Class A | 0.63% | 12,045 | $1.3M | Reduce -2.7% |
| AMGN Amgen Inc. | 0.61% | 4,620 | $1.3M | Add +81.7% |
| KMB Kimberly-Clark Corp. | 0.61% | 9,949 | $1.3M | Reduce -10.8% |
| UPS United Parcel Service Class B | 0.61% | 12,660 | $1.3M | Reduce -3.9% |
| ALAB Astera Labs Inc. | 0.59% | 13,825 | $1.3M | New |
| NKE Nike Inc. Class B | 0.59% | 17,475 | $1.2M | No change |
| CB Chubb Ltd. | 0.59% | 4,282 | $1.2M | New |
| PFE Pfizer Inc. | 0.56% | 48,726 | $1.2M | Reduce -12.4% |
| TRMB Trimble Inc. | 0.55% | 15,340 | $1.2M | Reduce -1.9% |
| NVDA Nvidia Corp. | 0.54% | 7,253 | $1.1M | Add +17.2% |
| BSX Boston Scientific Corp. | 0.54% | 10,550 | $1.1M | New |
| AZN Astrazeneca PLC-Spons ADR | 0.53% | 15,950 | $1.1M | No change |
| WASH Washington Trust Bancorp | 0.53% | 39,229 | $1.1M | No change |
| LIN Linde PLC | 0.52% | 2,330 | $1.1M | New |
| GE General Electric filed as GE AEROSPACE | 0.52% | 4,222 | $1.1M | Add +30.0% |
| TMO Thermo Fisher Scientific Inc. | 0.49% | 2,548 | $1.0M | Add +28.6% |
| MAS Masco Corp. | 0.48% | 15,850 | $1.0M | Reduce -12.8% |
| MAR Marriott International Class A | 0.48% | 3,725 | $1.0M | Reduce -1.2% |
| SBUX Starbucks Corp. | 0.48% | 11,087 | $1.0M | Add +105.8% |
| TKR Timken Co. | 0.46% | 13,350 | $969K | Reduce -4.5% |
| MA Mastercard Inc. Class A | 0.46% | 1,715 | $964K | Add +0.6% |
| MC Moelis & Co. Class A | 0.46% | 15,375 | $958K | Add +1.6% |
| ABNB Airbnb Inc. Class A | 0.44% | 7,000 | $926K | New |
| MDLZ Mondelez International Inc. Class A | 0.44% | 13,627 | $919K | Add +2.8% |
| FISV Fiserv Inc. | 0.43% | 5,195 | $896K | Add +363.4% |
| TDG Transdigm Group Inc. | 0.42% | 575 | $874K | Reduce -28.6% |
| INDB Independent Bank Corp. | 0.41% | 13,765 | $866K | Reduce -0.9% |
| RY Royal Bank of Canada | 0.39% | 6,300 | $829K | New |
| PNR Pentair PLC | 0.39% | 8,050 | $826K | Reduce -8.0% |
| MRVL Marvell Technology Inc. | 0.38% | 10,425 | $807K | New |
| AIR Aar Corp. | 0.37% | 11,325 | $779K | Reduce -13.9% |
| LRCX Lam Research Corp. | 0.36% | 7,850 | $764K | Add +27.3% |
| CL Colgate-Palmolive Co. | 0.36% | 8,288 | $753K | No change |
| J Jacobs Solutions Inc. | 0.34% | 5,515 | $725K | Add +1.2% |
| AMT American Tower Corp. | 0.33% | 3,150 | $696K | New |
| CFG Citizens Financial Group | 0.32% | 14,837 | $664K | No change |
| PEP Pepsico Inc. | 0.31% | 4,976 | $657K | Reduce -7.3% |
| DDOG Datadog Inc. Class A | 0.31% | 4,800 | $645K | No change |
| LUV Southwest Airlines Co. | 0.30% | 19,757 | $641K | Reduce -33.5% |
| BALL Ball Corp. | 0.30% | 11,270 | $632K | New |
| EMR Emerson Electric Co. | 0.30% | 4,708 | $628K | Add +21.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.29% | 761 | $610K | Add +0.1% |
| MOD Modine Manufacturing Co. | 0.29% | 6,175 | $608K | New |
| CSCO Cisco Systems Inc. | 0.29% | 8,740 | $606K | Reduce -18.1% |
| MDT Medtronic PLC | 0.28% | 6,788 | $592K | Reduce -31.9% |
| APD Air Products & Chemicals Inc. | 0.27% | 2,025 | $571K | New |
Portfolio Sells Q1 2025 → Q2 2025
| BLK BlackRock Inc. | Sold out | 0.00% | −1.86 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.73 |
| CHD Church & Dwight Co. Inc. | Reduce -2.5% | 2.49% | −0.64 |
| UBER Uber Technologies Inc. | Reduce -49.4% | 0.98% | −0.64 |
| ABT Abbott Laboratories | Reduce -45.3% | 0.67% | −0.60 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.59 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.57 |
| GEV GE Vernova Inc. | Reduce -84.9% | 0.18% | −0.55 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.51 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.47 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.39 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.38 |
| FLR Fluor Corp. | Sold out | 0.00% | −0.38 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.37 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.36 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.34 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.34 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.33 |
| MRK Merck & Co. Inc. | Reduce -10.6% | 0.84% | −0.30 |
| BMY Bristol-Myers Squibb Co. | Reduce -2.3% | 0.65% | −0.29 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.27 |
| SYY Sysco Corp. | Reduce -10.9% | 1.33% | −0.25 |
| LUV Southwest Airlines Co. | Reduce -33.5% | 0.30% | −0.20 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.20 |
| CE Celanese Corp. | Sold out | 0.00% | −0.20 |
| V Visa Inc. Class A | Reduce -16.8% | 0.73% | −0.20 |
| KMB Kimberly-Clark Corp. | Reduce -10.8% | 0.61% | −0.20 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.19 |
| BellRing Brands, Inc. | Sold out | 0.00% | −0.19 |
| ENS Enersys | Sold out | 0.00% | −0.18 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.18 |
| MDT Medtronic PLC | Reduce -31.9% | 0.28% | −0.17 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.17 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.16 |
| MAS Masco Corp. | Reduce -12.8% | 0.48% | −0.16 |
| WM Waste Management Inc. | Reduce -12.8% | 0.65% | −0.16 |
| PFE Pfizer Inc. | Reduce -12.4% | 0.56% | −0.16 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.15 |
| TDG Transdigm Group Inc. | Reduce -28.6% | 0.42% | −0.15 |
| NFLX Netflix Inc. | Reduce -35.9% | 0.87% | −0.14 |
| UTHR United Therapeutics Corp. | Reduce -2.2% | 0.75% | −0.13 |
| UPS United Parcel Service Class B | Reduce -3.9% | 0.61% | −0.13 |
| CMCO Columbus McKinnon Corp. | Sold out | 0.00% | −0.13 |
| WMT Walmart Inc. | Reduce -35.1% | 0.26% | −0.12 |
| LH Laboratory CRP of Amer Hldgs | Sold out | 0.00% | −0.12 |
| ACMR Acm Research Inc. Class A | Sold out | 0.00% | −0.11 |
| H Hyatt Hotels Corp. Class A | Reduce -12.6% | 1.54% | −0.11 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.10 |
| PEP Pepsico Inc. | Reduce -7.3% | 0.31% | −0.10 |
| LEN Lennar Corp. Class A | Reduce -2.7% | 0.63% | −0.09 |
Portfolio Buys Q1 2025 → Q2 2025
| FTNT Fortinet Inc. | New | 1.29% | +1.29 |
| UNH Unitedhealth Group Inc. | New | 1.20% | +1.20 |
| AWK American Water Works Co. Inc. | New | 0.89% | +0.89 |
| TER Teradyne Inc. | New | 0.74% | +0.74 |
| APO Apollo Global Management Inc. | New | 0.68% | +0.68 |
| MSFT Microsoft Corp. | Add +1.9% | 2.98% | +0.62 |
| ALAB Astera Labs Inc. | New | 0.59% | +0.59 |
| CB Chubb Ltd. | New | 0.59% | +0.59 |
| META Meta Platforms Inc. Class A | Add +24.5% | 1.69% | +0.56 |
| BSX Boston Scientific Corp. | New | 0.54% | +0.54 |
| LIN Linde PLC | New | 0.52% | +0.52 |
| ETN Eaton Corp. PLC | Add +42.5% | 1.19% | +0.51 |
| PANW Palo Alto Networks Inc. | Add +191.1% | 0.65% | +0.45 |
| ABNB Airbnb Inc. Class A | New | 0.44% | +0.44 |
| VRT Vertiv Holdings Co. Class A | Add +24.8% | 0.78% | +0.40 |
| RY Royal Bank of Canada | New | 0.39% | +0.39 |
| MRVL Marvell Technology Inc. | New | 0.38% | +0.38 |
| URI United Rentals Inc. | Add +0.5% | 3.14% | +0.36 |
| AMT American Tower Corp. | New | 0.33% | +0.33 |
| BALL Ball Corp. | New | 0.30% | +0.30 |
| FISV Fiserv Inc. | Add +363.4% | 0.43% | +0.30 |
| MOD Modine Manufacturing Co. | New | 0.29% | +0.29 |
| AMZN Amazon.com Inc. | Add +4.9% | 2.49% | +0.29 |
| APD Air Products & Chemicals Inc. | New | 0.27% | +0.27 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.22% | +0.22 |
| VIRT Virtu Financial Inc. Class A | New | 0.22% | +0.22 |
| NEM Newmont Corp. | New | 0.22% | +0.22 |
| SBUX Starbucks Corp. | Add +105.8% | 0.48% | +0.21 |
| AMGN Amgen Inc. | Add +81.7% | 0.61% | +0.21 |
| NVDA Nvidia Corp. | Add +17.2% | 0.54% | +0.20 |
| ANSS Ansys Inc. | New | 0.19% | +0.19 |
| GE General Electric | Add +30.0% | 0.52% | +0.19 |
| KMX Carmax Inc. | New | 0.18% | +0.18 |
| HSY The Hershey Co. | New | 0.18% | +0.18 |
| CME Cme Group Inc. | New | 0.16% | +0.16 |
| POOL Pool Corp. | New | 0.15% | +0.15 |
| LNT Alliant Energy Corp. | New | 0.14% | +0.14 |
| LRCX Lam Research Corp. | Add +27.3% | 0.36% | +0.14 |
| TOST Toast Inc. Class A | New | 0.13% | +0.13 |
| NTRA Natera Inc. | New | 0.12% | +0.12 |
| CARR Carrier Global Corp. | Add +0.2% | 1.55% | +0.12 |
| EL Estee Lauder Companies Class A | New | 0.11% | +0.11 |
| RDDT Reddit Inc. Class A | New | 0.10% | +0.10 |
| EMR Emerson Electric Co. | Add +21.0% | 0.30% | +0.08 |
| CSX CSX Corp. | Add +0.6% | 1.78% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +1.9% | 0.89% | +0.07 |
| HD Home Depot Inc. | Add +10.5% | 1.35% | +0.04 |
| COMP Compass Inc. Class A | New | 0.04% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.1% | 0.29% | +0.03 |
| SPG Simon Property Group Inc. | Add +23.8% | 0.24% | +0.03 |
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 |