SEC 13F Intelligence

Managers / Q1 2026

BOSTON RESEARCH & MANAGEMENT INC

CIK 0001259261 · 40 BEACH STREET, SUITE 200, MANCHESTER, MA, 01944 · 978-526-9700

Reported Value
$421M
Q1 2026
Positions
114
Filings on Record
30
2019–present window
Filed
Apr 10, 2026
original filing

Summary

Boston Research & Management Inc reported $421M in U.S.-listed holdings across 114 positions for Q1 2026.

Its largest position, IVV, represents 4.5% of the portfolio.

Compared with Q4 2025, the fund opened 2 new positions and exited 8.

Portfolio Metrics

Turnover
+4.8%
vs prior filed quarter
Top-10 Concentration
+28.9%
share of reported value
Largest Position
+4.5%
Ishares Core S P 500 Etf
New / Exited
2 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $240MQ1 ’19Q2 ’19: $247MQ3 ’19: $253MQ4 ’19: $267MQ1 ’20: $199MQ1 ’20Q2 ’20: $241MQ3 ’20: $256MQ4 ’20: $287MQ1 ’21: $311MQ1 ’21Q2 ’21: $330MQ3 ’21: $336MQ4 ’21: $366MQ1 ’22: $344MQ1 ’22Q2 ’22: $309MQ3 ’22: $294MQ4 ’22: $323MQ1 ’23: $335MQ1 ’23Q2 ’23: $353MQ3 ’23: $338MQ4 ’23: $377MQ1 ’24: $405MQ1 ’24Q2 ’24: $395MQ3 ’24: $426MQ4 ’24: $407MQ1 ’25: $403MQ1 ’25Q2 ’25: $418MQ3 ’25: $453MQ4 ’25: $434MQ1 ’26: $421MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 56.6%Other: 28.8%ETP: 14.6%REIT: 0.1%
  • Common Stock · 56.6% · $238M
  • Other · 28.8% · $121M
  • ETP · 14.6% · $61M
  • REIT · 0.1% · $251,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADMArcher Daniels Midland ComNEW+2.9K2.9K+$209,000$209,000
TXNTexas InstrumentsNEW+1.1K1.1K+$205,000$205,000
IYKiShares US Consumer Staples ETSOLD OUT−10.5K0−$702,000$0
YUMYum! Brands Inc.SOLD OUT−4.3K0−$653,000$0
BABoeing CoSOLD OUT−1.3K0−$282,000$0
Agilent Technologies, Inc.SOLD OUT−1.7K0−$236,000$0
CHRWCH Robinson Worldwide IncSOLD OUT−1.4K0−$223,000$0
Yum China Holding Inc.SOLD OUT−4.4K0−$209,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

113 positions (from 114 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IVViShares Core S&P 500 ETFhistory →COM4.51%$19M29.1K
2Alphabet, Inc. - Class ACOM3.36%$14M49.2K
3WMTWal-Mart Storeshistory →COM3.25%$14M110.1K
4MSFTMicrosoft Corphistory →COM3.24%$14M36.9K
5AAPLApple Inc.history →COM2.99%$13M49.7K
6AbbVie Inc.COM2.50%$11M48.4K
7Cisco Systems, Inc.COM2.31%$10M125.5K
8J.P. Morgan Chase & Co.COM2.26%$10M32.4K
9IJRiShares Core S&P SmallCap ETFhistory →COM2.24%$9M75.7K
10FASTFastenal Cohistory →COM2.22%$9M201.4K
11Exxon Mobil Corp.COM2.14%$9M53.2K
12BRK/BBerkshire Hathaway Inc. Classhistory →COM2.01%$8M17.7K
13Mastercard, Inc.COM1.99%$8M16.8K
14MRKMerck & Co. Inc.history →COM1.90%$8M66.6K
15Linde PLCCOM1.86%$8M15.8K
16TSCOTractor Supply Cohistory →COM1.82%$8M169.5K
17BNYBank of New York Mellon Corphistory →COM1.82%$8M64.6K
18MCDMcDonald's Corphistory →COM1.78%$7M24.1K
19iShares Core MSCI Emerging MktCOM1.71%$7M103.3K
20AMZNAmazon.com Inchistory →COM1.66%$7M33.6K
21NEENextera Energy Inc.history →COM1.63%$7M74.0K
22NVDANvidiahistory →COM1.62%$7M39.0K
23PGProcter & Gamble Cohistory →COM1.61%$7M46.8K
24LMTLockheed Martin Corphistory →COM1.60%$7M11.2K
25Xylem Inc.COM1.59%$7M56.1K
26SNASnap-On Inc.history →COM1.55%$7M18.0K
27iShares Core MSCI EAFE ETFCOM1.50%$6M69.6K
28LHLabcorp Holdingshistory →COM1.48%$6M23.3K
29ABTAbbott Laboratorieshistory →COM1.46%$6M59.7K
30Duke Energy Corp.COM1.42%$6M45.7K
31KOCoca-Cola Companyhistory →COM1.34%$6M74.1K
32D.R. Horton, Inc.COM1.31%$6M40.3K
33COPConocoPhillipshistory →COM1.30%$5M41.6K
34Verizon CommunicationsCOM1.29%$5M108.0K
35TMOThermo Fisher Scientifichistory →COM1.26%$5M10.8K
36PEPPepsi Co Inchistory →COM1.24%$5M33.7K
37CLColgate-Palmolive Companyhistory →COM1.23%$5M60.7K
38USBUS Bancorphistory →COM1.17%$5M95.1K
39SYYSysco Corphistory →COM1.15%$5M67.6K
40DISWalt Disney Cohistory →COM1.11%$5M48.4K
41IWMiShares Russell 2000 Index Funhistory →COM1.09%$5M18.5K
42AMEX Energy Sector SPDRCOM1.09%$5M74.7K
43SPYSPDR S&P 500 ETFhistory →COM1.08%$5M7.0K
44LLYEli Lilly & Cohistory →COM1.06%$4M4.8K
45MDTMedtronic Plchistory →COM1.04%$4M50.5K
46UPSUnited Parcel ServicesCOM0.99%$4M42.4K
47IAUiShares Comex Gold TrustCOM0.98%$4M46.8K
48Equinix IncCOM0.96%$4M4.1K
49GISGeneral Mills Inc ComCOM0.95%$4M107.9K
50VTIVanguard Total Stock Market ETCOM0.94%$4M12.4K
51OMCOmnicom Group Inc ComCOM0.84%$4M47.0K
52CMCSAComcast Corp Cl A VtgCOM0.84%$4M123.0K
53ACNAccenture PLCCOM0.83%$4M17.7K
54CTASCintas CorporationCOM0.81%$3M20.3K
55IJHiShares Core S&P Midcap ETFCOM0.81%$3M50.5K
56Adobe IncCOM0.79%$3M13.7K
57HDHome Depot, Inc.COM0.69%$3M8.8K
58iShares iBoxx High Yield CorpCOM0.61%$3M32.1K
59CATCaterpillarCOM0.59%$2M3.5K
60JNJJohnson & JohnsonCOM0.56%$2M9.6K
61VBVanguard Small-Cap ETFCOM0.52%$2M8.4K
62CVXChevron CorpCOM0.38%$2M7.7K
63ORCLOracle Corp.COM0.34%$1M9.7K
64SYKStryker CorpCOM0.34%$1M4.4K
65INDBIndependent Bank Corp Mass ComCOM0.30%$1M17.0K
66VEAVanguard Developed Markets ETFCOM0.30%$1M19.5K
67VEUVanguard FTSE All-World Ex-USCOM0.28%$1M15.7K
68PFFiShares US Preferred StockCOM0.23%$956,00031.5K
69RSPInvesco S&P 500 Equal WeightCOM0.21%$891,0004.6K
70IBMIntl Business Machines CorpCOM0.19%$790,0003.3K
71VWOVanguard Emerging Markets ETFCOM0.18%$754,00014.0K
72DIASPDR DJIA ETF TrustCOM0.18%$753,0001.6K
73Waste Management, Inc.COM0.17%$710,0003.1K
74PAYXPaychex, Inc.COM0.17%$695,0007.6K
75ITWIllinois Tool WorksCOM0.16%$671,0002.6K
76EMREmerson Electric CoCOM0.16%$668,0005.1K
77VaneckVectors HY Muni ETFCOM0.15%$613,00012.2K
78MMM3M CoCOM0.14%$593,0004.1K
79Invesco QQQ Trust Series 1COM0.12%$499,000864
80AGGiShares Core Total US Bond MarCOM0.11%$474,0004.8K
81Tesla Inc.COM0.11%$470,0001.3K
82SOSouthern CoCOM0.11%$454,0004.7K
83MRSHMarsh Common StockCOM0.11%$454,0002.6K
84AORiShares S&P Growth AllocationCOM0.11%$450,0007.0K
85AMGNAmgen Inc.COM0.10%$435,0001.2K
86BMYBristol-Myers Squibb CompanyCOM0.10%$403,0006.7K
87PPGPPG IndustriesCOM0.09%$395,0003.7K
88QCOMQualcomm, Inc.COM0.09%$388,0003.0K
89DHRDanaher Corp.COM0.09%$363,0001.9K
90IXNiShares S&P Global Tech SectorCOM0.09%$359,0003.6K
91PFEPfizer Inc.COM0.08%$337,00012.0K
92ADPAutomatic Data Processing, IncCOM0.08%$331,0001.6K
93NUENucor CorporationCOM0.08%$327,0001.9K
94RTX CorporationCOM0.07%$315,0001.6K
95COSTCostco Whsl Corp New ComCOM0.07%$288,000290
96KMBKimberly-Clark CorpCOM0.07%$285,0003.0K
97IWFiShares Russell 1000 Growth InCOM0.07%$274,000643
98IWBiShares Russell 1000 Index FunCOM0.06%$273,000768
99GE AerospaceCOM0.06%$273,000965
100AMATApplied Materials IncCOM0.06%$271,000795

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$421M114Apr 10, 202613F-HRchanges · EDGAR ↗
Q4 2025$434M120Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$453M119Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$418M116Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$403M116May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$407M115Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$426M115Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$395M114Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$405M116May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$377M114Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$338M114Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$353M113Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$335M110May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$323M106Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$294M102Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$309M106Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$344M111May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$366M112Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$336M108Nov 10, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$330M108Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$311M105May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$287M104Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$256M101Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$241M97Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$199M92May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$267M101Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$253M99Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$247M99Aug 7, 201913F-HRchanges · EDGAR ↗
Q1 2019$240M104May 7, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.