Northstar Asset Management Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed July 15, 2025), Northstar Asset Management Inc. reported 58 stock positions worth $380.9 million. Its top holding was Apple (AAPL) at 6.1% of the portfolio, followed by Microsoft (MSFT, 5.2%) and Stryker (SYK, 4.7%). Compared with Q3 2024, it opened 3 new positions, sold out of 3, added to 8 and reduced 36. The biggest buy was a new position in Broadridge Financial Solutio (BR) and the biggest sale Safety Insurance (SAFT, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0000869304
- Portfolio Value
- $380.9M (Q4 2024)
- SEC Filing
- 0001172661-25-002605 ↗ filed Jul 15, 2025
Holdings Value
Holdings 58 stocks · $380.9M
| AAPL Apple Inc. | 6.09% | 92,601 | $23.2M | Reduce -5.0% |
| MSFT Microsoft Corp. | 5.24% | 47,342 | $20.0M | Reduce -3.4% |
| SYK Stryker Corp. | 4.72% | 49,912 | $18.0M | Reduce -3.6% |
| COST Costco Wholesale Corp. | 4.72% | 19,604 | $18.0M | Reduce -6.3% |
| GOOGL Alphabet Inc. Class A | 4.61% | 92,821 | $17.6M | Reduce -0.6% |
| ADP Automatic Data Processing | 4.36% | 56,766 | $16.6M | Reduce -3.6% |
| LIN Linde PLC | 4.34% | 39,484 | $16.5M | Reduce -3.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.91% | 123,222 | $14.9M | Reduce -3.9% |
| UL Unilever PLC | 3.90% | 261,777 | $14.8M | Reduce -4.2% |
| INTU Intuit Inc. | 3.40% | 20,616 | $13.0M | Reduce -2.6% |
| HD Home Depot Inc. | 3.40% | 33,263 | $12.9M | Reduce -3.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 3.22% | 142,757 | $12.3M | Reduce -1.3% |
| CRM Salesforce Inc. | 3.16% | 35,945 | $12.0M | Reduce -4.1% |
| ETN Eaton Corp. PLC | 3.12% | 35,776 | $11.9M | Reduce -4.2% |
| DLR Digital Realty Trust Inc. | 2.60% | 55,831 | $9.9M | Reduce -4.7% |
| FDX FedEx Corp. | 2.53% | 34,232 | $9.6M | Reduce -2.5% |
| CNI Canadian Natl Railway Co. | 2.52% | 94,467 | $9.6M | Reduce -2.1% |
| XYL Xylem Inc. | 2.44% | 80,189 | $9.3M | Reduce -3.0% |
| IEX Idex Corp. | 2.10% | 38,291 | $8.0M | Reduce -3.5% |
| VOO Vanguard S&P 500 ETF | 2.10% | 14,810 | $8.0M | Reduce -4.3% |
| AOS Smith (a.o.) Corp. | 2.09% | 116,446 | $7.9M | Reduce -1.8% |
| VLTO Veralto Corp. | 2.07% | 77,263 | $7.9M | Reduce -1.4% |
| IDXX Idexx Laboratories Inc. | 2.05% | 18,843 | $7.8M | Reduce -0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.97% | 11 | $7.5M | No change |
| DHR Danaher Corp. | 1.96% | 32,581 | $7.5M | Reduce -6.0% |
| PYPL PayPal Holdings Inc. | 1.96% | 87,505 | $7.5M | Add +0.8% |
| SFM Sprouts Farmers Market Inc. | 1.93% | 57,933 | $7.4M | Reduce -2.8% |
| EBC Eastern Bankshares Inc. | 1.85% | 407,712 | $7.0M | Reduce -6.1% |
| ADBE Adobe Inc. | 1.58% | 13,557 | $6.0M | Reduce -1.4% |
| BMI Badger Meter Inc. | 1.31% | 23,459 | $5.0M | Reduce -3.9% |
| CWT California Water Service Grp | 1.13% | 94,843 | $4.3M | Add +9.5% |
| DDOG Datadog Inc. Class A | 1.07% | 28,529 | $4.1M | No change |
| ZM Zoom Communications Inc. | 0.97% | 45,385 | $3.7M | Reduce -7.1% |
| BR Broadridge Financial Solutio | 0.72% | 12,165 | $2.8M | New |
| ITW Illinois Tool Works | 0.69% | 10,409 | $2.6M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.49% | 4,119 | $1.9M | Reduce -2.9% |
| NVDA Nvidia Corp. | 0.48% | 13,663 | $1.8M | Add +8.7% |
| TSLA Tesla Inc. | 0.43% | 4,088 | $1.7M | Add +3.8% |
| WINA Winmark Corp. | 0.32% | 3,052 | $1.2M | New |
| GOOG Alphabet Inc. Class C | 0.28% | 5,686 | $1.1M | Add +2.9% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.23% | 832 | $877K | No change |
| AWR American States Water Co. filed as AMER STATES WTR CO | 0.20% | 9,748 | $758K | Reduce -82.4% |
| CSCO Cisco Systems Inc. | 0.20% | 12,704 | $752K | Reduce -3.4% |
| PG The Procter & Gamble Co. | 0.19% | 4,299 | $721K | Add +1.8% |
| AMZN Amazon.com Inc. | 0.16% | 2,791 | $612K | Reduce -14.3% |
| OEF iShares S&P 100 ETF | 0.16% | 2,091 | $604K | No change |
| IWF iShares Russell 1000 Growth | 0.13% | 1,215 | $488K | No change |
| PEP Pepsico Inc. | 0.11% | 2,856 | $434K | Add +1.5% |
| SAFT Safety Insurance Group Inc. | 0.11% | 5,084 | $419K | Reduce -92.5% |
| IVV iShares Core S&P 500 ETF | 0.11% | 696 | $410K | No change |
| TDY Teledyne Technologies Inc. | 0.11% | 870 | $404K | Add +4.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 1,219 | $353K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 529 | $310K | Reduce -53.1% |
| META Meta Platforms Inc. Class A | 0.07% | 460 | $269K | New |
| IWD iShares Russell 1000 Value E | 0.07% | 1,426 | $264K | No change |
| MCD McDonald's Corp. | 0.06% | 799 | $232K | Reduce -11.2% |
| TIP iShares Tips Bond ETF | 0.06% | 2,000 | $213K | No change |
| TLRY Tilray Brands Inc. | 0.05% | 149,886 | $199K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| SAFT Safety Insurance Group Inc. | Reduce -92.5% | 0.11% | −1.25 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -1.3% | 3.22% | −1.00 |
| AWR American States Water Co. | Reduce -82.4% | 0.20% | −0.93 |
| AOS Smith (a.o.) Corp. | Reduce -1.8% | 2.09% | −0.53 |
| UL Unilever PLC | Reduce -4.2% | 3.90% | −0.46 |
| LIN Linde PLC | Reduce -3.5% | 4.34% | −0.45 |
| DHR Danaher Corp. | Reduce -6.0% | 1.96% | −0.40 |
| IDXX Idexx Laboratories Inc. | Reduce -0.3% | 2.05% | −0.30 |
| XYL Xylem Inc. | Reduce -3.0% | 2.44% | −0.30 |
| CNI Canadian Natl Railway Co. | Reduce -2.1% | 2.52% | −0.26 |
| ADBE Adobe Inc. | Reduce -1.4% | 1.58% | −0.17 |
| CI The Cigna Group | Sold out | 0.00% | −0.10 |
| VLTO Veralto Corp. | Reduce -1.4% | 2.07% | −0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -53.1% | 0.08% | −0.08 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.06 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.05 |
| HD Home Depot Inc. | Reduce -3.4% | 3.40% | −0.03 |
| MCD McDonald's Corp. | Reduce -11.2% | 0.06% | −0.01 |
| BMI Badger Meter Inc. | Reduce -3.9% | 1.31% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.9% | 0.49% | +0.01 |
| AMZN Amazon.com Inc. | Reduce -14.3% | 0.16% | +0.01 |
| IEX Idex Corp. | Reduce -3.5% | 2.10% | +0.01 |
| CSCO Cisco Systems Inc. | Reduce -3.4% | 0.20% | +0.03 |
| MSFT Microsoft Corp. | Reduce -3.4% | 5.24% | +0.06 |
| ETN Eaton Corp. PLC | Reduce -4.2% | 3.12% | +0.08 |
| VOO Vanguard S&P 500 ETF | Reduce -4.3% | 2.10% | +0.09 |
| EBC Eastern Bankshares Inc. | Reduce -6.1% | 1.85% | +0.10 |
| SYK Stryker Corp. | Reduce -3.6% | 4.72% | +0.13 |
| ZM Zoom Communications Inc. | Reduce -7.1% | 0.97% | +0.14 |
| COST Costco Wholesale Corp. | Reduce -6.3% | 4.72% | +0.16 |
| FDX FedEx Corp. | Reduce -2.5% | 2.53% | +0.17 |
| INTU Intuit Inc. | Reduce -2.6% | 3.40% | +0.17 |
| TJX TJX Companies Inc. | Reduce -3.9% | 3.91% | +0.21 |
| DLR Digital Realty Trust Inc. | Reduce -4.7% | 2.60% | +0.27 |
| SFM Sprouts Farmers Market Inc. | Reduce -2.8% | 1.93% | +0.32 |
| ADP Automatic Data Processing | Reduce -3.6% | 4.36% | +0.36 |
| AAPL Apple Inc. | Reduce -5.0% | 6.09% | +0.51 |
| CRM Salesforce Inc. | Reduce -4.1% | 3.16% | +0.64 |
| GOOGL Alphabet Inc. Class A | Reduce -0.6% | 4.61% | +0.81 |
Portfolio Buys Q3 2024 → Q4 2024
| BR Broadridge Financial Solutio | New | 0.72% | +0.72 |
| WINA Winmark Corp. | New | 0.32% | +0.32 |
| PYPL PayPal Holdings Inc. | Add +0.8% | 1.96% | +0.30 |
| TSLA Tesla Inc. | Add +3.8% | 0.43% | +0.18 |
| NVDA Nvidia Corp. | Add +8.7% | 0.48% | +0.11 |
| META Meta Platforms Inc. Class A | New | 0.07% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +2.9% | 0.28% | +0.06 |
| TDY Teledyne Technologies Inc. | Add +4.2% | 0.11% | +0.02 |
| PG The Procter & Gamble Co. | Add +1.8% | 0.19% | +0.01 |
| PEP Pepsico Inc. | Add +1.5% | 0.11% | −0.00 |
| CWT California Water Service Grp | Add +9.5% | 1.13% | −0.02 |
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 |