Northstar Asset Management Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed July 15, 2025), Northstar Asset Management Inc. reported 58 stock positions worth $407.2 million. Its top holding was Apple (AAPL) at 5.6% of the portfolio, followed by Microsoft (MSFT, 5.2%) and Linde (LIN, 4.8%). Compared with Q2 2024, it added to 9 and reduced 36. The biggest buy was Veralto (VLTO, shares +23%) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0000869304
- Portfolio Value
- $407.2M (Q3 2024)
- SEC Filing
- 0001172661-25-002604 ↗ filed Jul 15, 2025
Holdings Value
Holdings 58 stocks · $407.2M
| AAPL Apple Inc. | 5.58% | 97,493 | $22.7M | Reduce -4.5% |
| MSFT Microsoft Corp. | 5.18% | 49,028 | $21.1M | Reduce -2.9% |
| LIN Linde PLC | 4.79% | 40,903 | $19.5M | Reduce -1.3% |
| SYK Stryker Corp. | 4.59% | 51,774 | $18.7M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 4.55% | 20,920 | $18.5M | Reduce -6.1% |
| UL Unilever PLC | 4.36% | 273,247 | $17.8M | Reduce -2.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 4.23% | 144,608 | $17.2M | Reduce -2.8% |
| ADP Automatic Data Processing | 4.00% | 58,871 | $16.3M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 3.80% | 93,383 | $15.5M | Reduce -4.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.70% | 128,244 | $15.1M | Reduce -3.0% |
| HD Home Depot Inc. | 3.42% | 34,417 | $13.9M | Reduce -0.3% |
| INTU Intuit Inc. | 3.23% | 21,161 | $13.1M | Reduce -0.4% |
| ETN Eaton Corp. PLC | 3.04% | 37,343 | $12.4M | Reduce -0.8% |
| CNI Canadian Natl Railway Co. | 2.77% | 96,462 | $11.3M | Add +1.2% |
| XYL Xylem Inc. | 2.74% | 82,649 | $11.2M | Reduce -0.6% |
| AOS Smith (a.o.) Corp. | 2.62% | 118,568 | $10.7M | Add +1.1% |
| CRM Salesforce Inc. | 2.52% | 37,485 | $10.3M | Add +2.4% |
| DHR Danaher Corp. | 2.37% | 34,654 | $9.6M | Add +0.6% |
| FDX FedEx Corp. | 2.36% | 35,114 | $9.6M | Reduce -0.1% |
| IDXX Idexx Laboratories Inc. | 2.35% | 18,904 | $9.6M | Add +0.8% |
| DLR Digital Realty Trust Inc. | 2.33% | 58,562 | $9.5M | Reduce -3.6% |
| VLTO Veralto Corp. | 2.15% | 78,326 | $8.8M | Add +22.5% |
| IEX Idex Corp. | 2.09% | 39,698 | $8.5M | Add +5.6% |
| VOO Vanguard S&P 500 ETF | 2.01% | 15,481 | $8.2M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 1.87% | 11 | $7.6M | No change |
| ADBE Adobe Inc. | 1.75% | 13,747 | $7.1M | Reduce -1.6% |
| EBC Eastern Bankshares Inc. | 1.75% | 434,252 | $7.1M | Reduce -3.7% |
| PYPL PayPal Holdings Inc. | 1.66% | 86,791 | $6.8M | Add +0.7% |
| SFM Sprouts Farmers Market Inc. | 1.62% | 59,612 | $6.6M | Reduce -0.2% |
| SAFT Safety Insurance Group Inc. | 1.36% | 67,632 | $5.5M | Reduce -0.2% |
| BMI Badger Meter Inc. | 1.31% | 24,420 | $5.3M | Reduce -5.8% |
| CWT California Water Service Grp | 1.15% | 86,580 | $4.7M | Reduce -2.6% |
| AWR American States Water Co. filed as AMER STATES WTR CO | 1.13% | 55,422 | $4.6M | Reduce -2.9% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.84% | 48,865 | $3.4M | Reduce -0.4% |
| DDOG Datadog Inc. Class A | 0.81% | 28,529 | $3.3M | No change |
| ITW Illinois Tool Works | 0.67% | 10,409 | $2.7M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.48% | 4,243 | $2.0M | Reduce -0.8% |
| NVDA Nvidia Corp. | 0.37% | 12,567 | $1.5M | Reduce -0.2% |
| TSLA Tesla Inc. | 0.25% | 3,939 | $1.0M | Reduce -3.9% |
| GOOG Alphabet Inc. Class C | 0.23% | 5,526 | $924K | Add +20.9% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.21% | 832 | $864K | No change |
| PG The Procter & Gamble Co. | 0.18% | 4,224 | $732K | Reduce -6.7% |
| CSCO Cisco Systems Inc. | 0.17% | 13,151 | $700K | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 1,129 | $648K | Reduce -20.7% |
| AMZN Amazon.com Inc. | 0.15% | 3,258 | $607K | Reduce -30.7% |
| OEF iShares S&P 100 ETF | 0.14% | 2,091 | $579K | Reduce -5.9% |
| PEP Pepsico Inc. | 0.12% | 2,814 | $479K | Reduce -0.3% |
| IWF iShares Russell 1000 Growth | 0.11% | 1,215 | $456K | No change |
| CI The Cigna Group | 0.10% | 1,165 | $404K | No change |
| IVV iShares Core S&P 500 ETF | 0.10% | 696 | $401K | Reduce -3.5% |
| TDY Teledyne Technologies Inc. | 0.09% | 835 | $365K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.08% | 1,219 | $345K | No change |
| MCD McDonald's Corp. | 0.07% | 900 | $274K | No change |
| IWD iShares Russell 1000 Value E | 0.07% | 1,426 | $271K | No change |
| TLRY Tilray Brands Inc. | 0.06% | 149,886 | $264K | No change |
| MRK Merck & Co. Inc. | 0.06% | 2,160 | $245K | Reduce -0.2% |
| TIP iShares Tips Bond ETF | 0.05% | 2,000 | $221K | No change |
| MELI MercadoLibre Inc. | 0.05% | 102 | $209K | Reduce -51.4% |
Portfolio Sells Q2 2024 → Q3 2024
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -2.8% | 4.23% | −1.19 |
| GOOGL Alphabet Inc. Class A | Reduce -4.7% | 3.80% | −0.75 |
| MSFT Microsoft Corp. | Reduce -2.9% | 5.18% | −0.58 |
| INTU Intuit Inc. | Reduce -0.4% | 3.23% | −0.34 |
| FDX FedEx Corp. | Reduce -0.1% | 2.36% | −0.33 |
| COST Costco Wholesale Corp. | Reduce -6.1% | 4.55% | −0.28 |
| ADBE Adobe Inc. | Reduce -1.6% | 1.75% | −0.23 |
| XYL Xylem Inc. | Reduce -0.6% | 2.74% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -30.7% | 0.15% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -20.7% | 0.16% | −0.04 |
| MELI MercadoLibre Inc. | Reduce -51.4% | 0.05% | −0.04 |
| DLR Digital Realty Trust Inc. | Reduce -3.6% | 2.33% | −0.03 |
| NVDA Nvidia Corp. | Reduce -0.2% | 0.37% | −0.02 |
| TJX TJX Companies Inc. | Reduce -3.0% | 3.70% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -6.7% | 0.18% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 0.06% | −0.01 |
| OEF iShares S&P 100 ETF | Reduce -5.9% | 0.14% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -3.5% | 0.10% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.3% | 0.12% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -0.5% | 0.17% | +0.01 |
| ETN Eaton Corp. PLC | Reduce -0.8% | 3.04% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 0.48% | +0.04 |
| TSLA Tesla Inc. | Reduce -3.9% | 0.25% | +0.05 |
| CWT California Water Service Grp | Reduce -2.6% | 1.15% | +0.05 |
| SAFT Safety Insurance Group Inc. | Reduce -0.2% | 1.36% | +0.06 |
| BMI Badger Meter Inc. | Reduce -5.8% | 1.31% | +0.08 |
| AWR American States Water Co. | Reduce -2.9% | 1.13% | +0.08 |
| SYK Stryker Corp. | Reduce -0.2% | 4.59% | +0.08 |
| AAPL Apple Inc. | Reduce -4.5% | 5.58% | +0.09 |
| ZM Zoom Communications Inc. | Reduce -0.4% | 0.84% | +0.10 |
| EBC Eastern Bankshares Inc. | Reduce -3.7% | 1.75% | +0.14 |
| LIN Linde PLC | Reduce -1.3% | 4.79% | +0.14 |
| SFM Sprouts Farmers Market Inc. | Reduce -0.2% | 1.62% | +0.34 |
| HD Home Depot Inc. | Reduce -0.3% | 3.42% | +0.39 |
| ADP Automatic Data Processing | Reduce -0.3% | 4.00% | +0.40 |
| UL Unilever PLC | Reduce -2.7% | 4.36% | +0.42 |
Portfolio Buys Q2 2024 → Q3 2024
| VLTO Veralto Corp. | Add +22.5% | 2.15% | +0.59 |
| PYPL PayPal Holdings Inc. | Add +0.7% | 1.66% | +0.39 |
| DHR Danaher Corp. | Add +0.6% | 2.37% | +0.17 |
| AOS Smith (a.o.) Corp. | Add +1.1% | 2.62% | +0.17 |
| IEX Idex Corp. | Add +5.6% | 2.09% | +0.16 |
| CRM Salesforce Inc. | Add +2.4% | 2.52% | +0.12 |
| IDXX Idexx Laboratories Inc. | Add +0.8% | 2.35% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +20.9% | 0.23% | +0.01 |
| CNI Canadian Natl Railway Co. | Add +1.2% | 2.77% | −0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 91 | $341.2M | DSI, GOOGL, VSGX, AAPL, MSFT |
| Q1 2026 | 86 | $325.9M | DSI, GOOGL, AAPL, MSFT, COST |
| Q4 2025 | 88 | $387.2M | GOOGL, AAPL, MSFT, TJX, COST |
| Q3 2025 | 70 | $384.6M | MSFT, GOOGL, AAPL, TJX, ADP |
| Q2 2025 | 61 | $361.8M | MSFT, COST, ADP, SYK, UL |
| Q1 2025Amended | 58 | $338.0M | AAPL, ADP, COST, MSFT, UL |
| Q4 2024Amended | 58 | $380.9M | AAPL, MSFT, SYK, COST, GOOGL |
| Q3 2024Amended | 58 | $407.2M | AAPL, MSFT, LIN, SYK, COST |
| Q2 2024Amended | 58 | $391.6M | MSFT, AAPL, NVO, COST, LIN |
| Q1 2024Amended | 57 | $569.6M | BRK.A, MSFT, LIN, NVO, SYK |