New England Research & Management, Inc.
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ALPHABET INC | GOOGL | $14.5M | 42,150 | -0.08pp | 32q | +3.2%+$455.9K | |
| APPLE INC | AAPL | $14.0M | 41,999 | +0.71pp | 32q | +0.9%+$119.9K | |
| QUANTA SVCS INC | PWR | $11.1M | 17,333 | +0.28pp | 27q | +20.6%+$1.9M | |
| UNITED RENTALS INC | URI | $9.1M | 9,124 | -0.51pp | 32q | HELD | |
| JOHNSON & JOHNSON | JNJ | $7.9M | 29,662 | +0.12pp | 32q | HELD | |
| MICROSOFT CORP | MSFT | $7.2M | 14,134 | +0.49pp | 32q | -11.3%-$919.6K | |
| ABBVIE INC | ABBV | $6.7M | 25,544 | +0.16pp | 32q | +3.1%+$201.4K | |
| GE VERNOVA INC | GEV | $6.4M | 6,760 | -0.49pp | 8q | +4.0%+$250.0K | |
| VISA INC | V | $6.1M | 17,095 | +0.30pp | 10q | +10.3%+$574.9K | |
| AMGEN INC | AMGN | $6.0M | 14,215 | +0.64pp | 16q | +19.7%+$984.2K | |
| CSX CORP | CSX | $5.8M | 124,901 | -0.05pp | 32q | +0.8%+$45.3K | |
| CHURCH & DWIGHT CO INC | CHD | $4.7M | 49,625 | -0.09pp | 32q | -1.1%-$54.2K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $4.6M | 9,278 | -0.01pp | 32q | +0.8%+$37.3K | |
| UNION PAC CORP | UNP | $4.4M | 15,993 | +0.26pp | 32q | +19.3%+$704.8K | |
| MERCK & CO INC | MRK | $4.3M | 29,765 | +0.31pp | 32q | +9.1%+$361.2K | |
| AMAZON COM INC | AMZN | $4.3M | 17,256 | +0.08pp | 17q | +1.0%+$44.1K | |
| ELI LILLY & CO | LLY | $4.3M | 3,703 | flat | 25q | +4.1%+$170.1K | |
| BROADCOM INC | AVGO | $4.2M | 12,056 | -0.01pp | 11q | +7.9%+$309.0K | |
| NVIDIA CORPORATION | NVDA | $3.8M | 16,637 | +0.74pp | 9q | +78.4%+$1.7M | |
| GOLDMAN SACHS GROUP INC | GS | $3.7M | 4,125 | +0.29pp | 10q | +41.5%+$1.1M | |
| ALPHABET INC | GOOG | $3.4M | 9,870 | -0.02pp | 32q | +2.6%+$85.2K | |
| EXXONMOBIL HOLDINGS CORP | XOM | $3.3M | 20,289 | - | new | NEW | |
| REGENERON PHARMACEUTICALS | REGN | $3.2M | 4,185 | +0.38pp | 4q | +20.4%+$538.4K | |
| MORGAN STANLEY | MS | $3.2M | 16,785 | +0.04pp | 32q | +16.2%+$439.2K | |
| AMERICAN WTR WKS CO INC NEW | AWK | $3.1M | 23,827 | -0.26pp | 6q | -15.7%-$576.1K | |
| COCA COLA CO | KO | $2.8M | 32,846 | +0.06pp | 32q | HELD | |
| CITIGROUP INC | C | $2.7M | 20,950 | +0.32pp | 3q | +55.7%+$970.8K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $2.7M | 12,278 | -0.31pp | 32q | -0.7%-$19.8K | |
| VALERO ENERGY CORP | VLO | $2.6M | 6,825 | - | new | NEW | |
| TRUIST FINL CORP | TFC | $2.5M | 53,854 | +0.02pp | 28q | +10.4%+$234.5K | |
| VERTIV HOLDINGS CO | VRT | $2.4M | 9,755 | -0.18pp | 7q | +17.1%+$343.9K | |
| HILTON WORLDWIDE HLDGS INC | HLT | $2.3M | 7,375 | +0.22pp | 3q | +38.5%+$652.1K | |
| CHUBB LIMITED | CB | $2.3M | 7,145 | -0.05pp | 6q | HELD | |
| ADVANCED MICRO DEVICES INC | AMD | $2.3M | 3,770 | +0.78pp | 2q | +693.7%+$2.0M | |
| VERTEX PHARMACEUTICALS INC | VRTX | $2.3M | 4,365 | +0.38pp | 3q | +69.5%+$935.8K | |
| UNITED AIRLS HLDGS INC | UAL | $2.2M | 20,000 | - | new | NEW | |
| GE AEROSPACE | GE | $2.2M | 7,051 | +0.13pp | 19q | +42.1%+$652.7K | |
| GILEAD SCIENCES INC | GILD | $2.2M | 14,495 | -0.20pp | 4q | -31.2%-$980.0K | |
| PROCTER & GAMBLE CO | PG | $2.1M | 14,234 | -0.01pp | 32q | HELD | |
| NEXTERA ENERGY INC | NEE | $2.0M | 26,436 | -0.10pp | 24q | +3.2%+$62.5K | |
| JPMORGAN CHASE & CO | JPM | $2.0M | 5,926 | -0.04pp | 10q | -5.2%-$107.5K | |
| AAR CORP | AIR | $2.0M | 19,225 | +0.16pp | 13q | +79.7%+$865.0K | |
| BRISTOL-MYERS SQUIBB CO | BMY | $1.9M | 31,175 | - | new | NEW | |
| ULTA BEAUTY INC | ULTA | $1.9M | 3,513 | -0.01pp | 2q | -18.4%-$431.4K | |
| SYSCO CORP | SYY | $1.9M | 24,604 | -0.30pp | 32q | -23.0%-$573.0K | |
| UNITED THERAPEUTICS CORP DEL | UTHR | $1.9M | 3,530 | +0.38pp | 17q | +110.1%+$1.0M | |
| MARVELL TECHNOLOGY INC | MRVL | $1.8M | 6,770 | - | new | NEW | |
| ABBOTT LABORATORIES | ABT | $1.8M | 17,999 | -0.06pp | 32q | -15.0%-$313.8K | |
| KNIGHT-SWIFT TRANSN HLDGS IN | KNX | $1.7M | 27,315 | +0.37pp | 2q | +173.8%+$1.1M | |
| CANADIAN PACIFIC KANSAS CITY | CP | $1.6M | 18,930 | -0.01pp | 14q | +1.2%+$19.7K | |
| MCDONALDS CORP | MCD | $1.6M | 6,919 | -0.12pp | 32q | -0.7%-$11.5K | |
| PACCAR INC | PCAR | $1.5M | 13,300 | - | new | NEW | |
| ROYAL BK CDA | RY | $1.4M | 7,250 | -0.02pp | 6q | +2.1%+$29.5K | |
| CITIZENS FINL GROUP INC | CFG | $1.4M | 22,232 | -0.06pp | 22q | HELD | |
| EMERSON ELEC CO | EMR | $1.3M | 8,645 | -0.45pp | 32q | -50.3%-$1.4M | |
| WASTE MGMT INC DEL | WM | $1.3M | 6,482 | -0.06pp | 32q | -1.5%-$20.4K | |
| CISCO SYS INC | CSCO | $1.3M | 12,165 | -0.28pp | 32q | -29.5%-$548.9K | |
| MICRON TECHNOLOGY INC | MU | $1.3M | 1,175 | - | new | NEW | |
| PRICE T ROWE GROUP INC | TROW | $1.2M | 11,895 | - | new | NEW | |
| ASTRAZENECA PLC | AZN | $1.2M | 7,640 | -0.70pp | 3q | -51.9%-$1.3M | |
| VIKING HOLDINGS LTD | VIK | $1.2M | 15,650 | - | new | NEW | |
| DELTA AIR LINES INC | DAL | $1.2M | 14,025 | - | new | NEW | |
| ZOETIS INC | ZTS | $1.2M | 16,718 | -0.07pp | 32q | -9.4%-$121.7K | |
| CASEYS GEN STORES INC | CASY | $1.1M | 1,875 | - | new | NEW | |
| WASHINGTON TR BANCORP INC | WASH | $1.1M | 29,700 | +0.01pp | 32q | HELD | |
| KIMBERLY CLARK CORP | KMB | $1.1M | 10,913 | -0.43pp | 32q | -44.6%-$854.9K | |
| ANALOG DEVICES INC | ADI | $1.0M | 2,630 | +0.27pp | 2q | +200.6%+$696.2K | |
| NUTRIEN LTD | NTR | $1.0M | 14,815 | -0.31pp | 4q | -49.0%-$1.0M | |
| ENERSYS | ENS | $1.0M | 5,625 | - | new | NEW | |
| NETFLIX INC. | NFLX | $1.0M | 14,819 | -0.98pp | 14q | -70.1%-$2.4M | |
| CHENIERE ENERGY INC | LNG | $1.0M | 3,800 | -0.04pp | 2q | -19.1%-$242.1K | |
| SIMON PPTY GROUP INC NEW | SPG | $1.0M | 5,060 | +0.13pp | 23q | +68.1%+$411.6K | |
| INDEPENDENT BK CORP MASS | INDB | $988.4K | 12,730 | -0.03pp | 32q | HELD | |
| WELLS FARGO & CO | WFC | $968.8K | 12,102 | -0.07pp | 5q | -13.1%-$146.1K | |
| UNITED PARCEL SVCS INC | UPS | $919.5K | 9,840 | -0.06pp | 32q | -0.5%-$4.7K | |
| CATERPILLAR INC | CAT | $871.6K | 1,075 | - | new | NEW | |
| INGERSOLL RAND INC | IR | $852.6K | 11,352 | -0.28pp | 13q | -40.2%-$573.2K | |
| LINDE PLC | LIN | $806.9K | 1,700 | - | new | NEW | |
| HYATT HOTELS CORP | H | $804.7K | 5,075 | - | new | NEW | |
| STRYKER CORPORATION | SYK | $764.2K | 2,775 | -0.50pp | 4q | -57.0%-$1.0M | |
| Clearway Energy, Inc. | CWEN | $733.2K | 25,050 | -0.03pp | 5q | +6.0%+$41.7K | |
| COLGATE PALMOLIVE CO | CL | $707.1K | 8,288 | -0.02pp | 32q | HELD | |
| DANAHER CORP DEL | DHR | $691.2K | 3,120 | - | new | NEW | |
| DELL TECHNOLOGIES INC | DELL | $672.4K | 1,250 | +0.04pp | 2q | -5.7%-$40.3K | |
| KEYCORP | KEY | $660.3K | 32,900 | -0.05pp | 4q | -2.9%-$20.1K | |
| TIMKEN CO | TKR | $650.9K | 5,575 | - | new | NEW | |
| GENERAC HLDGS INC | GNRC | $641.3K | 3,099 | - | new | NEW | |
| PPG INDS INC | PPG | $634.3K | 6,080 | -0.36pp | 3q | -52.8%-$709.4K | |
| INVITATION HOMES INC | INVH | $603.0K | 22,900 | -0.13pp | 25q | -25.6%-$207.7K | |
| CROWDSTRIKE HLDGS INC | CRWD | $589.1K | 2,225 | - | new | NEW | |
| AIR PRODUCTS AND CHEMICALS I | APD | $570.4K | 2,050 | -0.04pp | 2q | -11.8%-$76.5K | |
| AES CORP | AES | $561.6K | 37,690 | flat | 4q | HELD | |
| WALMART INC | WMT | $537.0K | 5,167 | -0.02pp | 32q | HELD | |
| TRANSDIGM GROUP INC | TDG | $528.3K | 488 | -0.18pp | 18q | -33.5%-$266.3K | |
| PEPSICO INC | PEP | $515.5K | 4,068 | -0.02pp | 32q | -4.1%-$22.2K | |
| LENNAR CORP | LEN | $513.6K | 6,295 | -0.03pp | 13q | -0.8%-$4.1K | |
| CLOUDFLARE INC | NET | $503.6K | 1,450 | - | new | NEW | |
| MASTERCARD INCORPORATED | MA | $477.6K | 866 | +0.02pp | 10q | +3.0%+$13.8K | |
| LAUDER ESTEE COS INC | EL | $472.8K | 5,096 | - | new | NEW | |
| TAKE-TWO INTERACTIVE SOFTWAR | TTWO | $472.1K | 2,275 | - | new | NEW | |
| 3M CO | MMM | $461.3K | 2,810 | flat | 32q | HELD | |
| STARBUCKS CORP | SBUX | $452.5K | 4,816 | -0.02pp | 32q | -2.1%-$9.9K | |
| FIRST SOLAR INC | FSLR | $446.7K | 2,550 | - | new | NEW | |
| ALLSTATE CORP | ALL | $443.7K | 2,000 | -0.01pp | 24q | HELD | |
| PFIZER INC | PFE | $441.3K | 15,475 | -0.03pp | 32q | -27.8%-$169.8K | |
| L3HARRIS TECHNOLOGIES INC | LHX | $426.2K | 1,800 | -0.04pp | 29q | HELD | |
| CARRIER GLOBAL CORPORATION | CARR | $422.4K | 7,700 | -0.06pp | 24q | HELD | |
| DIAMONDBACK ENERGY INC | FANG | $395.2K | 2,150 | - | new | NEW | |
| RESTAURANT BRANDS INTL INC | QSR | $394.4K | 5,549 | flat | 32q | HELD | |
| INSTALLED BLDG PRODS INC | IBP | $369.4K | 1,925 | -0.03pp | 15q | HELD | |
| DOVER CORP | DOV | $346.0K | 1,850 | -0.10pp | 3q | -30.8%-$154.3K | |
| INTEL CORP | INTC | $342.7K | 2,850 | - | new | NEW | |
| CRH PLC | CRH | $339.5K | 4,100 | -0.44pp | 4q | -70.1%-$796.3K | |
| PRUDENTIAL FINL INC | PRU | $339.1K | 2,986 | +0.01pp | 3q | HELD | |
| APPLIED MATLS INC | AMAT | $319.6K | 625 | -0.05pp | 3q | HELD | |
| DARDEN RESTAURANTS INC | DRI | $307.5K | 1,591 | -0.01pp | 17q | HELD | |
| HOME DEPOT INC | HD | $301.0K | 1,058 | -0.03pp | 2q | -1.4%-$4.3K | |
| MONDELEZ INTL INC | MDLZ | $297.3K | 5,141 | flat | 8q | HELD | |
| PATRICK INDS INC | PATK | $289.8K | 4,275 | -0.08pp | 13q | -23.5%-$88.9K | |
| R B C BEARINGS INC | RBC | $287.1K | 575 | - | new | NEW | |
| TRAVELERS COMPANIES INC | TRV | $280.6K | 787 | +0.01pp | 7q | HELD | |
| XYLEM INC | XYL | $277.9K | 2,744 | -0.02pp | 25q | HELD | |
| MERITAGE HOMES CORP | MTH | $275.5K | 4,384 | -0.21pp | 3q | -55.2%-$339.4K | |
| MILLICOM INTL CELLULAR S A | TIGO | $268.0K | 3,075 | -0.01pp | 3q | HELD | |
| BANK OF NY MELLON CORP | BNY | $245.9K | 1,700 | flat | 3q | HELD | |
| NIKE INC | NKE | $244.3K | 6,900 | -0.05pp | 32q | -24.8%-$80.5K | |
| FIRST AMERN FINL CORP | FAF | $239.9K | 3,950 | -0.01pp | 5q | HELD | |
| SLB LIMITED | SLB | $233.5K | 4,792 | flat | 3q | HELD | |
| METLIFE INC | MET | $233.0K | 2,475 | +0.01pp | 2q | HELD | |
| NORWEGIAN CRUISE LINE HLDGS | NCLH | $178.1K | 12,150 | -0.23pp | 5q | -66.1%-$347.5K | |
| COMPASS INC | COMP | $95.9K | 10,797 | -0.01pp | 6q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Biotech & Pharma | $45.2M | 17.5% |
| Semiconductors & Electronics | $29.5M | 11.4% |
| Software & IT Services | $26.7M | 10.3% |
| Transport & Logistics | $19.2M | 7.4% |
| Business Services | $18.9M | 7.3% |
| Computer Hardware | $18.7M | 7.2% |
| Banks & Lending | $14.0M | 5.4% |
| Construction & Building | $12.6M | 4.9% |
| Chemicals | $11.2M | 4.3% |
| Retail & Consumer | $10.9M | 4.2% |
| Insurance | $8.5M | 3.3% |
| Capital Markets | $8.1M | 3.1% |
| Other sectors | $35.2M | 13.6% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | -1.2% | +2.1% | -3.3% | 100% |
| Q2 2026 | +13.9% | +14.8% | -0.9% | 100% |
| Q1 2026 | -0.4% | -4.6% | +4.2% | 100% |
| Q4 2025 | +2.1% | +2.4% | -0.3% | 99% |
| Q3 2025 | +8.4% | +7.8% | +0.5% | 100% |
| Q2 2025 | +9.0% | +10.5% | -1.4% | 100% |
| Q1 2025 | -4.1% | -4.6% | +0.5% | 100% |
| Q4 2024 | -2.3% | +2.1% | -4.4% | 99% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $258.8M | 131 | 26 | 36 | 40 | 29 | 34.4% | 16 |
| Q2 2026 | $256.9M | 134 | 24 | 39 | 51 | 33 | 33.4% | 9 |
| Q1 2026 | $236.6M | 143 | 30 | 45 | 49 | 31 | 29.2% | 37 |
| Q4 2025 | $228.6M | 144 | 32 | 30 | 49 | 34 | 29.7% | 7 |
| Q3 2025 | $217.7M | 146 | 31 | 31 | 54 | 32 | 29.0% | 6 |
| Q2 2025 | $210.5M | 147 | 30 | 36 | 42 | 28 | 27.2% | 9 |
| Q1 2025 | $196.9M | 145 | 26 | 44 | 57 | 23 | 27.1% | 16 |
| Q4 2024 | $196.5M | 142 | 25 | 26 | 66 | 40 | 27.8% | 23 |
| Q3 2024 | $213.1M | 157 | 20 | 37 | 70 | 26 | 25.0% | 7 |
| Q2 2024 | $208.2M | 163 | 24 | 35 | 82 | 18 | 24.1% | 9 |
| Q1 2024 | $203.8M | 157 | 20 | 39 | 54 | 17 | 24.2% | 16 |
| Q4 2023 | $188.8M | 154 | 21 | 27 | 76 | 15 | 24.1% | 37 |
| Q3 2023 | $175.5M | 148 | 43 | 22 | 62 | 27 | 23.4% | 10 |
| Q2 2023 | $172.4M | 132 | 19 | 32 | 52 | 29 | 24.7% | 5 |
| Q1 2023 | $170.5M | 142 | 28 | 30 | 58 | 37 | 23.1% | 6 |
| Q4 2022 | $174.0M | 151 | 23 | 29 | 68 | 28 | 22.2% | 9 |
| Q3 2022 | $158.7M | 156 | 41 | 42 | 53 | 33 | 22.0% | 6 |
| Q2 2022 | $171.8M | 148 | 30 | 39 | 45 | 37 | 22.2% | 20 |
| Q1 2022 | $192.8M | 155 | 33 | 42 | 60 | 54 | 24.0% | 20 |
| Q4 2021 | $206.8M | 176 | 25 | 34 | 74 | 22 | 23.6% | 5 |
| Q3 2021 | $190.9M | 173 | 26 | 46 | 39 | 23 | 22.2% | 8 |
| Q2 2021 | $193.3M | 170 | 31 | 20 | 59 | 27 | 21.7% | 15 |
| Q1 2021 | $182.4M | 166 | 46 | 41 | 38 | 29 | 22.1% | 16 |
| Q4 2020 | $161.7M | 149 | 38 | 27 | 56 | 21 | 23.5% | 7 |
| Q3 2020 | $138.1M | 132 | 27 | 25 | 56 | 35 | 27.2% | 8 |
| Q2 2020 | $139.7M | 140 | 26 | 29 | 48 | 18 | 25.5% | 15 |
| Q1 2020 | $117.1M | 132 | 26 | 44 | 35 | 44 | 26.8% | 76 |
| Q4 2019 | $149.3M | 150 | 18 | 33 | 59 | 24 | 24.0% | 14 |
| Q3 2019 | $138.1M | 156 | 29 | 24 | 76 | 35 | 24.5% | 35 |
| Q2 2019 | $147.4M | 162 | 25 | 30 | 80 | 26 | 23.0% | 9 |
| Q1 2019 | $148.0M | 163 | 35 | 34 | 67 | 23 | 22.4% | 3 |
| Q4 2018 | $127.1M | 151 | 0 | 0 | 0 | 0 | 24.2% | 11 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.