Northstar Asset Management Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Northstar Asset Management Inc. reported 61 stock positions worth $361.8 million. Its top holding was Microsoft (MSFT) at 5.9% of the portfolio, followed by Costco Wholesale (COST, 4.7%) and Automatic Data Processing (ADP, 4.7%). Compared with Q1 2025, it opened 3 new positions, added to 19 and reduced 34. The biggest buy was Verisk Analytics (VRSK, shares +156%) and the biggest sale PayPal (PYPL, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0000869304
- Portfolio Value
- $361.8M (Q2 2025)
- SEC Filing
- 0001172661-25-002833 ↗ filed Jul 31, 2025
Holdings Value
Holdings 61 stocks · $361.8M
| MSFT Microsoft Corp. | 5.87% | 42,702 | $21.2M | Reduce -0.4% |
| COST Costco Wholesale Corp. | 4.74% | 17,313 | $17.1M | Reduce -0.7% |
| ADP Automatic Data Processing | 4.65% | 54,601 | $16.8M | Reduce -0.7% |
| SYK Stryker Corp. | 4.41% | 40,286 | $15.9M | Reduce -0.4% |
| UL Unilever PLC | 4.37% | 258,552 | $15.8M | Reduce -0.7% |
| INTU Intuit Inc. | 4.35% | 19,964 | $15.7M | Reduce -2.1% |
| AAPL Apple Inc. | 4.30% | 75,855 | $15.6M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 4.29% | 88,148 | $15.5M | Reduce -1.9% |
| LIN Linde PLC | 4.23% | 32,621 | $15.3M | Reduce -0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 4.01% | 117,553 | $14.5M | Reduce -0.9% |
| ETN Eaton Corp. PLC | 3.50% | 35,514 | $12.7M | Add +0.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 3.23% | 169,557 | $11.7M | Add +14.3% |
| XYL Xylem Inc. | 2.85% | 79,680 | $10.3M | Add +0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 2.82% | 14 | $10.2M | No change |
| IDXX Idexx Laboratories Inc. | 2.82% | 18,992 | $10.2M | Add +0.1% |
| CNI Canadian Natl Railway Co. | 2.80% | 97,286 | $10.1M | Add +0.9% |
| HD Home Depot Inc. | 2.78% | 27,452 | $10.1M | Reduce -0.2% |
| DLR Digital Realty Trust Inc. | 2.61% | 54,223 | $9.5M | Reduce -0.8% |
| CRM Salesforce Inc. | 2.47% | 32,741 | $8.9M | Reduce -5.9% |
| VLTO Veralto Corp. | 2.25% | 80,596 | $8.1M | Add +2.9% |
| IEX Idex Corp. | 1.91% | 39,337 | $6.9M | Reduce -0.3% |
| BR Broadridge Financial Solutio | 1.83% | 27,288 | $6.6M | Add +43.2% |
| SFM Sprouts Farmers Market Inc. | 1.81% | 39,668 | $6.5M | Reduce -13.2% |
| DHR Danaher Corp. | 1.76% | 32,319 | $6.4M | Reduce -0.6% |
| EBC Eastern Bankshares Inc. | 1.74% | 413,141 | $6.3M | Add +1.3% |
| FDX FedEx Corp. | 1.74% | 27,661 | $6.3M | Reduce -15.0% |
| VRSK Verisk Analytics Inc. | 1.70% | 19,763 | $6.2M | Add +156.1% |
| VOO Vanguard S&P 500 ETF | 1.60% | 10,220 | $5.8M | Reduce -17.6% |
| BMI Badger Meter Inc. | 1.56% | 23,082 | $5.7M | Add +0.7% |
| CWT California Water Service Grp | 1.29% | 102,238 | $4.6M | Add +0.7% |
| ADBE Adobe Inc. | 1.26% | 11,818 | $4.6M | Reduce -17.1% |
| ALC Alcon Inc. filed as ALCON AG | 1.21% | 49,493 | $4.4M | Add +113.2% |
| DDOG Datadog Inc. Class A | 1.06% | 28,529 | $3.8M | No change |
| WINA Winmark Corp. | 0.77% | 7,339 | $2.8M | Add +23.9% |
| ZM Zoom Communications Inc. | 0.73% | 34,042 | $2.7M | Reduce -20.7% |
| ANET Arista Networks Inc. | 0.65% | 22,840 | $2.3M | Add +48.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.55% | 4,089 | $2.0M | Reduce -0.2% |
| MSEX Middlesex Water Co. | 0.51% | 34,072 | $1.8M | Add +76.1% |
| NVDA Nvidia Corp. | 0.50% | 11,470 | $1.8M | Reduce -7.4% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.24% | 832 | $865K | No change |
| GOOG Alphabet Inc. Class C | 0.20% | 3,993 | $708K | Reduce -30.2% |
| CSCO Cisco Systems Inc. | 0.19% | 10,055 | $698K | Reduce -8.6% |
| PG The Procter & Gamble Co. | 0.18% | 4,191 | $668K | Add +20.1% |
| AMZN Amazon.com Inc. | 0.16% | 2,644 | $580K | Reduce -1.8% |
| PYPL PayPal Holdings Inc. | 0.14% | 6,963 | $517K | Reduce -91.8% |
| IWF iShares Russell 1000 Growth | 0.14% | 1,215 | $516K | No change |
| TDY Teledyne Technologies Inc. | 0.12% | 860 | $441K | Reduce -0.3% |
| OEF iShares S&P 100 ETF | 0.12% | 1,397 | $425K | Reduce -19.2% |
| ITW Illinois Tool Works | 0.11% | 1,627 | $402K | Add +8.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.09% | 529 | $327K | New |
| META Meta Platforms Inc. Class A | 0.09% | 435 | $321K | Reduce -0.5% |
| PEP Pepsico Inc. | 0.09% | 2,430 | $321K | Add +4.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.09% | 3,692 | $308K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.08% | 997 | $303K | Reduce -2.9% |
| IVV iShares Core S&P 500 ETF | 0.08% | 485 | $301K | Reduce -9.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.07% | 1,420 | $251K | New |
| TSLA Tesla Inc. | 0.07% | 749 | $238K | Reduce -17.1% |
| IWD iShares Russell 1000 Value E | 0.06% | 1,184 | $230K | Reduce -2.1% |
| TIP iShares Tips Bond ETF | 0.06% | 2,000 | $220K | Reduce -8.7% |
| MCD McDonald's Corp. | 0.06% | 693 | $202K | Reduce -0.3% |
| TLRY Tilray Brands Inc. | 0.02% | 149,886 | $62K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| PYPL PayPal Holdings Inc. | Reduce -91.8% | 0.14% | −1.50 |
| FDX FedEx Corp. | Reduce -15.0% | 1.74% | −0.61 |
| ADBE Adobe Inc. | Reduce -17.1% | 1.26% | −0.35 |
| ADP Automatic Data Processing | Reduce -0.7% | 4.65% | −0.31 |
| CRM Salesforce Inc. | Reduce -5.9% | 2.47% | −0.30 |
| VOO Vanguard S&P 500 ETF | Reduce -17.6% | 1.60% | −0.28 |
| LIN Linde PLC | Reduce -0.3% | 4.23% | −0.28 |
| TJX TJX Companies Inc. | Reduce -0.9% | 4.01% | −0.26 |
| SFM Sprouts Farmers Market Inc. | Reduce -13.2% | 1.81% | −0.26 |
| UL Unilever PLC | Reduce -0.7% | 4.37% | −0.22 |
| DHR Danaher Corp. | Reduce -0.6% | 1.76% | −0.21 |
| IEX Idex Corp. | Reduce -0.3% | 1.91% | −0.20 |
| ZM Zoom Communications Inc. | Reduce -20.7% | 0.73% | −0.20 |
| HD Home Depot Inc. | Reduce -0.2% | 2.78% | −0.20 |
| COST Costco Wholesale Corp. | Reduce -0.7% | 4.74% | −0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 0.55% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -30.2% | 0.20% | −0.07 |
| SYK Stryker Corp. | Reduce -0.4% | 4.41% | −0.05 |
| OEF iShares S&P 100 ETF | Reduce -19.2% | 0.12% | −0.02 |
| TIP iShares Tips Bond ETF | Reduce -8.7% | 0.06% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.3% | 0.06% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -8.6% | 0.19% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -9.0% | 0.08% | −0.01 |
| TDY Teledyne Technologies Inc. | Reduce -0.3% | 0.12% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -2.1% | 0.06% | −0.00 |
| TSLA Tesla Inc. | Reduce -17.1% | 0.07% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.9% | 0.08% | +0.00 |
| AMZN Amazon.com Inc. | Reduce -1.8% | 0.16% | +0.01 |
| META Meta Platforms Inc. Class A | Reduce -0.5% | 0.09% | +0.01 |
| NVDA Nvidia Corp. | Reduce -7.4% | 0.50% | +0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -1.9% | 4.29% | +0.18 |
| DLR Digital Realty Trust Inc. | Reduce -0.8% | 2.61% | +0.30 |
| INTU Intuit Inc. | Reduce -2.1% | 4.35% | +0.64 |
| MSFT Microsoft Corp. | Reduce -0.4% | 5.87% | +1.11 |
Portfolio Buys Q1 2025 → Q2 2025
| VRSK Verisk Analytics Inc. | Add +156.1% | 1.70% | +1.02 |
| ETN Eaton Corp. PLC | Add +0.9% | 3.50% | +0.67 |
| ALC Alcon Inc. | Add +113.2% | 1.21% | +0.56 |
| BR Broadridge Financial Solutio | Add +43.2% | 1.83% | +0.47 |
| IDXX Idexx Laboratories Inc. | Add +0.1% | 2.82% | +0.46 |
| ANET Arista Networks Inc. | Add +48.7% | 0.65% | +0.29 |
| BMI Badger Meter Inc. | Add +0.7% | 1.56% | +0.27 |
| WINA Winmark Corp. | Add +23.9% | 0.77% | +0.21 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +14.3% | 3.23% | +0.19 |
| MSEX Middlesex Water Co. | Add +76.1% | 0.51% | +0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.09% | +0.09 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.09% | +0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.07% | +0.07 |
| XYL Xylem Inc. | Add +0.5% | 2.85% | +0.05 |
| CNI Canadian Natl Railway Co. | Add +0.9% | 2.80% | +0.02 |
| PG The Procter & Gamble Co. | Add +20.1% | 0.18% | +0.01 |
| ITW Illinois Tool Works | Add +8.3% | 0.11% | +0.00 |
| VLTO Veralto Corp. | Add +2.9% | 2.25% | −0.01 |
| PEP Pepsico Inc. | Add +4.7% | 0.09% | −0.01 |
| CWT California Water Service Grp | Add +0.7% | 1.29% | −0.17 |
| EBC Eastern Bankshares Inc. | Add +1.3% | 1.74% | −0.24 |
| AAPL Apple Inc. | Add +0.3% | 4.30% | −0.67 |
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 |