Baldwin Investment Management

Baldwin Investment Management as of Dec. 31, 2013

Portfolio Holdings for Baldwin Investment Management

Baldwin Investment Management holds 135 positions in its portfolio as reported in the December 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.A) 56.7 $126M 707.00 177899.58
Qualcomm (QCOM) 1.1 $2.4M 32k 74.26
Enterprise Products Partners (EPD) 0.9 $2.1M 31k 66.30
Celgene Corporation 0.9 $2.0M 12k 168.93
Apple (AAPL) 0.9 $1.9M 3.4k 561.08
Schlumberger (SLB) 0.8 $1.8M 20k 90.13
Visa (V) 0.8 $1.8M 8.1k 222.69
Praxair 0.8 $1.7M 13k 130.01
Berkshire Hathaway Inc. Class B 0.8 $1.7M 14k 118.55
Exxon Mobil Corporation (XOM) 0.8 $1.7M 17k 101.22
Teekay Lng Partners 0.7 $1.6M 38k 42.72
iShares S&P SmallCap 600 Index (IJR) 0.7 $1.6M 15k 109.15
Thoratec Corporation 0.7 $1.6M 44k 36.60
Nike (NKE) 0.7 $1.6M 20k 78.62
Danaher Corporation (DHR) 0.7 $1.6M 20k 77.18
Yum! Brands (YUM) 0.7 $1.4M 19k 75.61
Mettler-Toledo International (MTD) 0.6 $1.4M 5.6k 242.65
Amazon (AMZN) 0.6 $1.3M 3.4k 398.82
Spdr S&p 500 Etf (SPY) 0.6 $1.3M 7.2k 184.67
Varian Medical Systems 0.6 $1.3M 17k 77.68
Google 0.6 $1.3M 1.2k 1121.03
Costco Wholesale Corporation (COST) 0.6 $1.2M 10k 119.02
Accenture (ACN) 0.6 $1.2M 15k 82.22
Union Pacific Corporation (UNP) 0.5 $1.2M 7.1k 167.98
Thermo Fisher Scientific (TMO) 0.5 $1.2M 11k 111.35
Noble Energy 0.5 $1.2M 17k 68.09
Fluor Corporation (FLR) 0.5 $1.1M 14k 80.28
Oneok Partners 0.5 $1.0M 20k 52.63
SanDisk Corporation 0.5 $1.0M 14k 70.56
JPMorgan Chase & Co. (JPM) 0.5 $991k 17k 58.50
Vodafone 0.5 $990k 25k 39.30
International Business Machines (IBM) 0.4 $951k 5.1k 187.61
Colgate-Palmolive Company (CL) 0.4 $938k 14k 65.23
Zoetis Inc Cl A (ZTS) 0.4 $941k 29k 32.68
3M Company (MMM) 0.4 $902k 6.4k 140.24
Target Corporation (TGT) 0.4 $910k 14k 63.30
Teekay Offshore Partners 0.4 $901k 27k 33.09
Abbvie (ABBV) 0.4 $903k 17k 52.81
EMC Corporation 0.4 $889k 35k 25.14
Lowe's Companies (LOW) 0.4 $878k 18k 49.53
J.M. Smucker Company (SJM) 0.4 $886k 8.6k 103.60
Precision Castparts 0.4 $866k 3.2k 269.36
American Tower Reit (AMT) 0.4 $873k 11k 79.79
Abbott Laboratories (ABT) 0.4 $842k 22k 38.32
Apache Corporation 0.4 $844k 9.8k 85.96
CVS Caremark Corporation (CVS) 0.4 $846k 12k 71.54
Kinder Morgan Energy Partners 0.4 $841k 10k 80.63
FedEx Corporation (FDX) 0.4 $821k 5.7k 143.73
Chevron Corporation (CVX) 0.4 $808k 6.5k 124.96
Allergan 0.4 $797k 7.2k 111.08
Mondelez Int (MDLZ) 0.4 $803k 23k 35.32
Johnson & Johnson (JNJ) 0.3 $744k 8.1k 91.57
General Electric Company 0.3 $749k 27k 28.05
Wells Fargo & Company (WFC) 0.3 $748k 17k 45.40
Prudential Financial (PRU) 0.3 $752k 8.2k 92.27
Tata Motors 0.3 $729k 24k 30.78
Rydex S&P Equal Weight ETF 0.3 $734k 10k 71.26
Agilent Technologies Inc C ommon (A) 0.3 $718k 13k 57.21
Celanese Corporation (CE) 0.3 $715k 13k 55.32
Goldman Sachs (GS) 0.3 $646k 3.6k 177.23
iShares Barclays TIPS Bond Fund (TIP) 0.3 $645k 5.9k 109.88
Starbucks Corporation (SBUX) 0.3 $627k 8.0k 78.38
MetLife (MET) 0.3 $631k 12k 53.93
Freeport-McMoRan Copper & Gold (FCX) 0.3 $605k 16k 37.72
Infosys Technologies (INFY) 0.3 $588k 10k 56.61
Banco Itau Holding Financeira (ITUB) 0.3 $569k 42k 13.56
Vanguard Emerging Markets ETF (VWO) 0.3 $571k 14k 41.17
Ensco Plc Shs Class A 0.3 $572k 10k 57.20
HSBC Holdings (HSBC) 0.2 $552k 10k 55.14
Oracle Corporation (ORCL) 0.2 $558k 15k 38.28
San Juan Basin Royalty Trust (SJT) 0.2 $556k 33k 16.73
Merck & Co (MRK) 0.2 $543k 11k 50.09
SPDR DB Int'l Govt Infl Pro Bond (WIP) 0.2 $526k 9.0k 58.44
ConocoPhillips (COP) 0.2 $502k 7.1k 70.70
Plains All American Pipeline (PAA) 0.2 $507k 9.8k 51.73
Taiwan Semiconductor Mfg (TSM) 0.2 $488k 28k 17.44
Ace Limited Cmn 0.2 $494k 4.8k 103.46
Dominion Resources (D) 0.2 $495k 7.7k 64.71
C.H. Robinson Worldwide (CHRW) 0.2 $478k 8.2k 58.29
Textron (TXT) 0.2 $485k 13k 36.74
Norfolk Southern (NSC) 0.2 $469k 5.1k 92.74
Intel Corporation (INTC) 0.2 $469k 18k 25.95
TAL Education (TAL) 0.2 $473k 22k 22.00
At&t (T) 0.2 $440k 13k 35.17
Noble Corporation Com Stk 0.2 $435k 12k 37.50
Seadrill 0.2 $444k 11k 41.07
PowerShares MENA Frontier Countries 0.2 $434k 36k 12.24
Microsoft Corporation (MSFT) 0.2 $430k 12k 37.39
Tractor Supply Company (TSCO) 0.2 $423k 5.5k 77.61
MasterCard Incorporated (MA) 0.2 $405k 485.00 835.05
Cisco Systems (CSCO) 0.2 $394k 18k 22.45
Coach 0.2 $407k 7.3k 56.14
Netflix (NFLX) 0.2 $374k 1.0k 368.47
SPDR Gold Trust (GLD) 0.2 $383k 3.3k 116.06
ICICI Bank (IBN) 0.2 $356k 9.6k 37.18
Gilead Sciences (GILD) 0.2 $345k 4.6k 75.00
Blackstone 0.1 $326k 10k 31.50
Verizon Communications (VZ) 0.1 $333k 6.8k 49.15
Symantec Corporation 0.1 $330k 14k 23.57
Novo Nordisk A/S (NVO) 0.1 $323k 1.7k 184.89
CHECK POINT SOFTWARE Technolog Com Stk (CHKP) 0.1 $342k 5.3k 64.47
Rackspace Hosting 0.1 $322k 8.2k 39.15
PowerShares Water Resources 0.1 $339k 13k 26.23
Las Vegas Sands (LVS) 0.1 $319k 4.0k 78.86
Procter & Gamble Company (PG) 0.1 $317k 3.9k 81.51
Kansas City Southern 0.1 $310k 2.5k 124.00
Vale (VALE) 0.1 $290k 19k 15.26
Pepsi (PEP) 0.1 $284k 3.4k 82.92
Ryanair Holdings 0.1 $287k 6.1k 46.85
Mindray Medical International 0.1 $289k 8.0k 36.35
BlackRock (BLK) 0.1 $274k 867.00 316.03
American Express Company (AXP) 0.1 $275k 3.0k 90.76
Devon Energy Corporation (DVN) 0.1 $256k 4.1k 61.81
Arrow Electronics (ARW) 0.1 $271k 5.0k 54.20
Take-Two Interactive Software (TTWO) 0.1 $261k 15k 17.40
Consumer Staples Select Sect. SPDR (XLP) 0.1 $258k 6.0k 43.00
Newlink Genetics Corporation 0.1 $264k 12k 22.00
Phillips 66 (PSX) 0.1 $274k 3.6k 77.18
Pdc Energy 0.1 $266k 5.0k 53.20
Health Care SPDR (XLV) 0.1 $238k 4.3k 55.35
Adobe Systems Incorporated (ADBE) 0.1 $240k 4.0k 60.00
athenahealth 0.1 $242k 1.8k 134.44
McCormick & Company, Incorporated (MKC) 0.1 $234k 3.4k 68.82
Vanguard Europe Pacific ETF (VEA) 0.1 $248k 6.0k 41.68
BRF Brasil Foods SA (BRFS) 0.1 $235k 11k 20.89
Potash Corp. Of Saskatchewan I 0.1 $227k 6.9k 32.90
Shire 0.1 $232k 1.6k 141.03
Urban Outfitters (URBN) 0.1 $232k 6.3k 37.12
TigerLogic 0.1 $223k 120k 1.86
Walt Disney Company (DIS) 0.1 $206k 2.7k 76.47
iShares Dow Jones U.S. Index Fund (IYY) 0.1 $204k 2.2k 93.36
Windstream Hldgs 0.1 $200k 25k 7.98
Uti Worldwide 0.1 $176k 10k 17.60
Petroleo Brasileiro SA (PBR) 0.1 $140k 10k 13.82
Sophiris Bio 0.0 $39k 11k 3.71