Northeast Investment Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Northeast Investment Management reported 181 stock positions worth $2.5 billion. Its top holding was Nvidia (NVDA) at 9.0% of the portfolio, followed by Apple (AAPL, 6.6%) and Microsoft (MSFT, 5.3%). Compared with Q2 2025, it opened 3 new positions, sold out of 7, added to 40 and reduced 91. The biggest buy was United Rentals (URI, shares +0%) and the biggest sale Accenture Class A (ACN, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001082215
- Portfolio Value
- $2.5B (Q3 2025)
- SEC Filing
- 0001082215-25-000008 ↗ filed Nov 7, 2025
Holdings Value
Holdings 181 stocks · $2.5B
| NVDA Nvidia Corp. | 8.98% | 1,195,791 | $223.1M | Reduce -2.3% |
| AAPL Apple Inc. | 6.57% | 640,269 | $163.0M | Reduce -1.0% |
| MSFT Microsoft Corp. | 5.32% | 255,207 | $132.2M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 5.22% | 533,198 | $129.6M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 4.75% | 537,493 | $118.0M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 3.44% | 92,296 | $85.4M | Reduce -1.1% |
| V Visa Inc. Class A | 3.36% | 244,635 | $83.5M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 3.15% | 106,375 | $78.1M | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 2.73% | 110,837 | $67.9M | Add +4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.73% | 134,771 | $67.8M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 2.49% | 195,831 | $61.8M | Reduce -0.7% |
| ABBNY Abb Ltd.-Spon ADR | 2.08% | 717,015 | $51.6M | Reduce -1.7% |
| UNP Union Pacific Corp. | 1.75% | 184,381 | $43.6M | Reduce -1.4% |
| ISRG Intuitive Surgical Inc. | 1.69% | 93,738 | $41.9M | Add +0.0% |
| LLY Eli Lilly & Co. | 1.66% | 54,142 | $41.3M | Reduce -0.9% |
| LOW Lowe's Cos Inc. | 1.64% | 161,795 | $40.7M | Reduce -0.5% |
| TMO Thermo Fisher Scientific Inc. | 1.63% | 83,414 | $40.5M | Reduce -1.9% |
| WMT Walmart Inc. | 1.57% | 377,436 | $38.9M | Add +0.2% |
| BX Blackstone Inc. | 1.43% | 207,471 | $35.4M | Reduce -5.0% |
| GS Goldman Sachs Group Inc. | 1.34% | 41,745 | $33.2M | Reduce -0.6% |
| ASML ASML Holding NV-NY Reg SHS | 1.30% | 33,339 | $32.3M | Reduce -2.0% |
| DHR Danaher Corp. | 1.29% | 162,158 | $32.1M | Reduce -1.8% |
| AMT American Tower Corp. | 1.29% | 167,051 | $32.1M | Reduce -1.8% |
| JNJ Johnson & Johnson | 1.29% | 172,245 | $31.9M | Reduce -1.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.29% | 125,578 | $31.9M | Add +3.5% |
| WM Waste Management Inc. | 1.22% | 137,657 | $30.4M | Add +2.5% |
| NEE Nextera Energy Inc. | 1.18% | 387,767 | $29.3M | Reduce -3.6% |
| URI United Rentals Inc. | 1.16% | 30,107 | $28.7M | Add +0.1% |
| PANW Palo Alto Networks Inc. | 1.15% | 140,227 | $28.6M | Add +6.7% |
| VIG Vanguard Dividend Apprec ETF | 1.10% | 127,104 | $27.4M | Reduce -0.3% |
| NOW ServiceNow Inc. | 1.06% | 28,719 | $26.4M | Add +3.3% |
| GOOG Alphabet Inc. Class C | 1.02% | 103,619 | $25.2M | Reduce -1.7% |
| VEA Vanguard Ftse Developed ETF | 1.01% | 419,287 | $25.1M | Add +10.8% |
| MCD McDonald's Corp. | 0.99% | 81,305 | $24.7M | Reduce -1.5% |
| NFLX Netflix Inc. | 0.97% | 20,000 | $24.0M | Add +19.2% |
| HON Honeywell International Inc. | 0.93% | 109,983 | $23.2M | Reduce -8.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.84% | 70,935 | $20.8M | Add +2.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.83% | 143,323 | $20.7M | Add +1.3% |
| BLK BlackRock Inc. | 0.79% | 16,770 | $19.6M | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 0.79% | 173,016 | $19.5M | Reduce -2.3% |
| DE Deere & Co. | 0.71% | 38,775 | $17.7M | Reduce -0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.70% | 152,524 | $17.5M | Reduce -0.8% |
| CVX Chevron Corp. | 0.65% | 104,554 | $16.2M | Reduce -3.2% |
| SPOT Spotify Technology SA | 0.65% | 22,964 | $16.0M | Add +15.9% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.63% | 38,609 | $15.5M | Add +5.1% |
| PG The Procter & Gamble Co. | 0.59% | 95,156 | $14.6M | Reduce -3.3% |
| ACN Accenture PLC Class A | 0.50% | 50,204 | $12.4M | Reduce -46.1% |
| ABT Abbott Laboratories | 0.49% | 91,214 | $12.2M | Reduce -1.3% |
| SHW The Sherwin-Williams Co. | 0.49% | 34,878 | $12.1M | Reduce -0.5% |
| UBER Uber Technologies Inc. | 0.46% | 116,465 | $11.4M | Add +27.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.42% | 34,100 | $10.5M | No change |
| TSLA Tesla Inc. | 0.41% | 23,142 | $10.3M | Add +1.5% |
| MA Mastercard Inc. Class A | 0.39% | 17,130 | $9.7M | Reduce -3.9% |
| VWO Vanguard Ftse Emerging Marke | 0.38% | 173,013 | $9.4M | Add +7.6% |
| PEP Pepsico Inc. | 0.36% | 64,278 | $9.0M | Reduce -2.1% |
| CAT Caterpillar Inc. | 0.35% | 17,973 | $8.6M | Reduce -0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.31% | 149,863 | $7.7M | Reduce -1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.22% | 8,320 | $5.5M | Reduce -0.6% |
| CHD Church & Dwight Co. Inc. | 0.22% | 62,323 | $5.5M | Reduce -3.7% |
| GEV GE Vernova Inc. | 0.21% | 8,587 | $5.3M | Add +9.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.21% | 71,743 | $5.1M | Add +11.8% |
| IVV iShares Core S&P 500 ETF | 0.20% | 7,543 | $5.0M | No change |
| HD Home Depot Inc. | 0.20% | 12,297 | $5.0M | Reduce -3.0% |
| LMT Lockheed Martin Corp. | 0.19% | 9,433 | $4.7M | Reduce -1.3% |
| CLX Clorox Company | 0.17% | 34,489 | $4.3M | Reduce -19.9% |
| CL Colgate-Palmolive Co. | 0.16% | 50,519 | $4.0M | Reduce -3.8% |
| NVS Novartis AG-Sponsored ADR | 0.16% | 30,970 | $4.0M | No change |
| MS Morgan Stanley | 0.16% | 24,397 | $3.9M | Reduce -0.0% |
| MRK Merck & Co. Inc. | 0.15% | 44,733 | $3.8M | Reduce -4.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.14% | 18,638 | $3.5M | Add +0.1% |
| CSCO Cisco Systems Inc. | 0.14% | 50,236 | $3.4M | Reduce -0.9% |
| APD Air Products & Chemicals Inc. | 0.12% | 11,004 | $3.0M | Reduce -0.5% |
| TOST Toast Inc. Class A | 0.12% | 81,889 | $3.0M | Add +2.8% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.12% | 27,938 | $2.9M | Reduce -5.5% |
| MDLZ Mondelez International Inc. Class A | 0.11% | 44,174 | $2.8M | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.11% | 11,526 | $2.7M | Reduce -2.9% |
| RTX RTX Corp. | 0.10% | 15,383 | $2.6M | Reduce -0.8% |
| PWR Quanta Services Inc. | 0.10% | 6,129 | $2.5M | Add +142.8% |
| EMR Emerson Electric Co. | 0.10% | 18,405 | $2.4M | Add +0.2% |
| KO The Coca-Cola Co. | 0.09% | 33,152 | $2.2M | Reduce -1.8% |
| IWF iShares Russell 1000 Growth | 0.09% | 4,666 | $2.2M | No change |
| AMCR Amcor PLC | 0.09% | 262,850 | $2.2M | Reduce -0.2% |
| NKE Nike Inc. Class B | 0.09% | 30,435 | $2.1M | Reduce -23.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 3,397 | $2.0M | Add +1.9% |
| ORCL Oracle Corp. | 0.08% | 7,123 | $2.0M | Reduce -0.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.08% | 7,105 | $2.0M | Add +8.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 5,558 | $1.8M | Add +6.7% |
| IWD iShares Russell 1000 Value E | 0.07% | 8,850 | $1.8M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 6,384 | $1.8M | Reduce -5.4% |
| ADP Automatic Data Processing | 0.07% | 6,035 | $1.8M | Reduce -7.7% |
| EBC Eastern Bankshares Inc. | 0.07% | 96,931 | $1.8M | Reduce -2.5% |
| FAST Fastenal Co. | 0.07% | 33,600 | $1.6M | No change |
| ECL Ecolab Inc. | 0.06% | 5,693 | $1.6M | Reduce -0.9% |
| WMB Williams Cos Inc. | 0.06% | 24,557 | $1.6M | No change |
| QCOM Qualcomm Inc. | 0.06% | 9,203 | $1.5M | No change |
| T AT&T Inc. | 0.05% | 47,584 | $1.3M | Reduce -2.4% |
| MMM 3M Co. | 0.05% | 8,545 | $1.3M | No change |
| NUE Nucor Corp. | 0.05% | 9,600 | $1.3M | No change |
| KKR KKR & Co. Inc. | 0.05% | 9,829 | $1.3M | Reduce -9.3% |
| AMGN Amgen Inc. | 0.05% | 4,451 | $1.3M | Reduce -10.7% |
Portfolio Sells Q2 2025 → Q3 2025
| ACN Accenture PLC Class A | Reduce -46.1% | 0.50% | −0.69 |
| COST Costco Wholesale Corp. | Reduce -1.1% | 3.44% | −0.51 |
| V Visa Inc. Class A | Reduce -1.3% | 3.36% | −0.40 |
| AMZN Amazon.com Inc. | Reduce -1.1% | 4.75% | −0.34 |
| AMT American Tower Corp. | Reduce -1.8% | 1.29% | −0.31 |
| HON Honeywell International Inc. | Reduce -8.3% | 0.93% | −0.26 |
| META Meta Platforms Inc. Class A | Reduce -0.5% | 3.15% | −0.22 |
| LLY Eli Lilly & Co. | Reduce -0.9% | 1.66% | −0.16 |
| MSFT Microsoft Corp. | Reduce -1.0% | 5.32% | −0.15 |
| DE Deere & Co. | Reduce -0.4% | 0.71% | −0.13 |
| DIS The Walt Disney Co. | Reduce -0.8% | 0.70% | −0.11 |
| DHR Danaher Corp. | Reduce -1.8% | 1.29% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 2.73% | −0.10 |
| UNP Union Pacific Corp. | Reduce -1.4% | 1.75% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -3.3% | 0.59% | −0.08 |
| AKAM Akamai Technologies Inc. | Reduce -63.6% | 0.02% | −0.05 |
| CLX Clorox Company | Reduce -19.9% | 0.17% | −0.05 |
| CHD Church & Dwight Co. Inc. | Reduce -3.7% | 0.22% | −0.05 |
| ABT Abbott Laboratories | Reduce -1.3% | 0.49% | −0.04 |
| CL Colgate-Palmolive Co. | Reduce -3.8% | 0.16% | −0.04 |
| MCD McDonald's Corp. | Reduce -1.5% | 0.99% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -3.9% | 0.39% | −0.04 |
| NKE Nike Inc. Class B | Reduce -23.6% | 0.09% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -2.3% | 0.79% | −0.03 |
| SHW The Sherwin-Williams Co. | Reduce -0.5% | 0.49% | −0.03 |
| AMCR Amcor PLC | Reduce -0.2% | 0.09% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.4% | 0.11% | −0.02 |
| KVUE Kenvue Inc. | Reduce -53.0% | 0.01% | −0.02 |
| ADP Automatic Data Processing | Reduce -7.7% | 0.07% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -3.6% | 1.18% | −0.01 |
| KO The Coca-Cola Co. | Reduce -1.8% | 0.09% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -5.4% | 0.07% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -0.5% | 0.12% | −0.01 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -0.9% | 0.14% | −0.01 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.01 |
| TGT Target Corp. | Sold out | 0.00% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.3% | 1.10% | −0.01 |
| KKR KKR & Co. Inc. | Reduce -9.3% | 0.05% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.01 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −0.01 |
| SBUX Starbucks Corp. | Reduce -33.8% | 0.01% | −0.01 |
| AMGN Amgen Inc. | Reduce -10.7% | 0.05% | −0.01 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.01 |
| CB Chubb Ltd. | Reduce -16.1% | 0.03% | −0.01 |
| SLB SLB Ltd. | Reduce -10.3% | 0.04% | −0.01 |
| CVX Chevron Corp. | Reduce -3.2% | 0.65% | −0.01 |
| PEP Pepsico Inc. | Reduce -2.1% | 0.36% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -4.3% | 0.15% | −0.01 |
| TROW T Rowe Price Group Inc. | Reduce -5.5% | 0.12% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| URI United Rentals Inc. | Add +0.1% | 1.16% | +0.19 |
| VOO Vanguard S&P 500 ETF | Add +4.8% | 2.73% | +0.17 |
| TSLA Tesla Inc. | Add +1.5% | 0.41% | +0.10 |
| UBER Uber Technologies Inc. | Add +27.3% | 0.46% | +0.09 |
| VEA Vanguard Ftse Developed ETF | Add +10.8% | 1.01% | +0.09 |
| TJX TJX Companies Inc. | Add +1.3% | 0.83% | +0.09 |
| PWR Quanta Services Inc. | Add +142.8% | 0.10% | +0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +3.5% | 1.29% | +0.06 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +5.1% | 0.63% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +7.6% | 0.38% | +0.04 |
| GEV GE Vernova Inc. | Add +9.8% | 0.21% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | Add +11.8% | 0.21% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +8.0% | 0.08% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +2.6% | 0.84% | +0.01 |
| EFX Equifax Inc. | New | 0.01% | +0.01 |
| ANET Arista Networks Inc. | Add +17.2% | 0.03% | +0.01 |
| SNA Snap-on Inc. | New | 0.01% | +0.01 |
| XYL Xylem Inc. | New | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.7% | 0.07% | +0.01 |
| NFLX Netflix Inc. | Add +19.2% | 0.97% | +0.01 |
| GE General Electric | Add +11.1% | 0.03% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.9% | 0.08% | +0.00 |
| IBIT iShares Bitcoin Trust ETF | Add +24.1% | 0.01% | +0.00 |
| EEM iShares MSCI Emerging Market | Add +0.2% | 0.05% | +0.00 |
| CVS CVS Health Corp. | Add +10.0% | 0.01% | +0.00 |
| DVY iShares Select Dividend ETF | Add +7.7% | 0.01% | +0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Add +9.0% | 0.01% | +0.00 |
| PANW Palo Alto Networks Inc. | Add +6.7% | 1.15% | +0.00 |
| SYY Sysco Corp. | Add +0.2% | 0.03% | +0.00 |
| ESGV Vanguard ESG US Stock ETF | Add +0.6% | 0.03% | +0.00 |
| VNQ Vanguard Real Estate ETF | Add +6.3% | 0.02% | +0.00 |
| SO The Southern Co. | Add +7.4% | 0.01% | +0.00 |
| USB US Bancorp | Add +1.1% | 0.02% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.1% | 0.14% | −0.00 |
| WY Weyerhaeuser Co. | Add +0.0% | 0.02% | −0.00 |
| SPOT Spotify Technology SA | Add +15.9% | 0.65% | −0.00 |
| PM Philip Morris International | Add +5.5% | 0.04% | −0.01 |
| WMT Walmart Inc. | Add +0.2% | 1.57% | −0.01 |
| EMR Emerson Electric Co. | Add +0.2% | 0.10% | −0.01 |
| TOST Toast Inc. Class A | Add +2.8% | 0.12% | −0.03 |
| WM Waste Management Inc. | Add +2.5% | 1.22% | −0.09 |
| NOW ServiceNow Inc. | Add +3.3% | 1.06% | −0.16 |
| ISRG Intuitive Surgical Inc. | Add +0.0% | 1.69% | −0.49 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 200 | $2.7B | NVDA, AAPL, GOOGL, AMZN, MSFT |
| Q1 2026 | 189 | $2.4B | NVDA, AAPL, GOOGL, AMZN, MSFT |
| Q4 2025 | 188 | $2.6B | NVDA, AAPL, GOOGL, MSFT, AMZN |
| Q3 2025 | 181 | $2.5B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q2 2025 | 185 | $2.3B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2025 | 180 | $2.1B | AAPL, NVDA, AMZN, MSFT, COST |
| Q4 2024 | 182 | $2.3B | NVDA, AAPL, AMZN, MSFT, GOOGL |
| Q3 2024 | 182 | $2.2B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q2 2024 | 182 | $2.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2024 | 183 | $2.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |