SEC 13F Intelligence

Managers / Q2 2019 · view latest →

BOSTON RESEARCH & MANAGEMENT INC

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

Reported Value
$247M
Q2 2019
Positions
99
Filings on Record
30
2019–present window
Filed
Aug 7, 2019
original filing

Summary

Boston Research & Management Inc reported $247M in U.S.-listed holdings across 99 positions for Q2 2019.

Its largest position, MSFT, represents 3.7% of the portfolio.

Compared with Q1 2019, the fund opened 1 new position and exited 6.

Portfolio Metrics

Turnover
+2.1%
vs prior filed quarter
Top-10 Concentration
+25.4%
share of reported value
Largest Position
+3.7%
Microsoft
New / Exited
1 / 6
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: 62.2%Other: 23.9%ETP: 13.6%REIT: 0.3%
  • Common Stock · 62.2% · $154M
  • Other · 23.9% · $59M
  • ETP · 13.6% · $34M
  • REIT · 0.3% · $625,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QCOMQualcomm, Inc.NEW+3.0K3.0K+$225,000$225,000
Straumann Holding AGSOLD OUT−8390−$684,000$0
DowDuPont IncSOLD OUT−5.3K0−$284,000$0
VUGVanguard Growth ETFSOLD OUT−1.7K0−$266,000$0
IWDiShares Russell 1000 ValueSOLD OUT−1.8K0−$222,000$0
UNHUnitedHealth Group IncSOLD OUT−8180−$202,000$0
iShares Exponential Tech ETFSOLD OUT−5.3K0−$202,000$0
FASTFastenal CoADDED+80.7K163.7K−$1,000$5M

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

Holdings — Q2 2019

98 positions (from 99 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corphistory →COM3.74%$9M69.1K
2Cisco Systems, Inc.COM3.00%$7M135.6K
3Mastercard, Inc.COM2.90%$7M27.1K
4IVViShares Core S&P 500 ETFhistory →COM2.42%$6M20.3K
5INTCIntel Corphistory →COM2.31%$6M119.3K
6AAPLApple Inc.history →COM2.25%$6M28.1K
7WMTWal-Mart Storeshistory →COM2.24%$6M50.1K
8Xylem Inc.COM2.23%$6M66.0K
9FASTFastenal Cohistory →COM2.16%$5M163.7K
10MCDMcDonald's Corphistory →COM2.12%$5M25.2K
11ABTAbbott Laboratorieshistory →COM2.11%$5M61.9K
12ACNAccenture PLChistory →COM2.08%$5M27.8K
13IJRiShares Core S&P SmallCap ETFhistory →COM2.05%$5M64.9K
14TSCOTractor Supply Cohistory →COM2.00%$5M45.4K
15PEPPepsi Co Inchistory →COM2.00%$5M37.7K
16PGProcter & Gamble Cohistory →COM1.92%$5M43.4K
17GISGeneral Mills Inc Comhistory →COM1.91%$5M89.8K
18iShares Core MSCI Emerging MarCOM1.87%$5M90.0K
19Alphabet, Inc. - Class ACOM1.87%$5M4.3K
20Exxon Mobil Corp.COM1.85%$5M59.8K
21KOCoca-Cola Companyhistory →COM1.82%$4M88.2K
22BRK/BBerkshire Hathaway Inc. Classhistory →COM1.81%$4M21.0K
23CMCSAComcast Corp Cl A Vtghistory →COM1.80%$4M105.2K
24MMM3M Cohistory →COM1.77%$4M25.3K
25UTXZUnited Technologies Corphistory →COM1.77%$4M33.6K
26MDTMedtronic Plchistory →COM1.77%$4M44.9K
27DISWalt Disney Co.history →COM1.73%$4M30.6K
28CHRWCH Robinson Worldwide Inchistory →COM1.69%$4M49.4K
29AbbVie Inc.COM1.65%$4M56.0K
30CLColgate-Palmolive Companyhistory →COM1.63%$4M56.1K
31MRKMerck & Co. Inc.history →COM1.61%$4M47.5K
32Laboratory CP Amer HldgsCOM1.61%$4M23.0K
33COPConocoPhillipshistory →COM1.59%$4M64.4K
34Verizon CommunicationsCOM1.57%$4M68.0K
35OMCOmnicom Group Inc Comhistory →COM1.54%$4M46.3K
36UPSUnited Parcel Serviceshistory →COM1.47%$4M35.1K
37IWMiShares Russell 2000 Index Funhistory →COM1.40%$3M22.2K
38Linde PLCCOM1.39%$3M17.1K
39CVSCVS Health Corphistory →COM1.37%$3M62.2K
40USBUS Bancorphistory →COM1.35%$3M63.9K
41WUWestern Union Companyhistory →COM1.34%$3M166.8K
42iShares Core MSCI EAFE ETFCOM1.31%$3M52.6K
43BNYBank of New York Mellon Corp.history →COM1.31%$3M73.2K
44VBVanguard Small-Cap ETFhistory →COM1.02%$3M16.1K
45The Mosaic CompanyCOM0.99%$2M98.1K
46SPYSPDR S&P 500 ETFCOM0.86%$2M7.2K
47STTState Str Corp ComCOM0.83%$2M36.4K
48HDHome Depot, Inc.COM0.82%$2M9.8K
49iShares iBoxx High Yield CorpCOM0.80%$2M22.6K
50BBHVanEck Vectors Biotech ETFCOM0.77%$2M14.8K
51VTIVanguard Total Stock Market ETCOM0.75%$2M12.4K
52iShares Comex Gold TrustCOM0.66%$2M120.9K
53JNJJohnson & JohnsonCOM0.53%$1M9.5K
54CTASCintas CorporationCOM0.53%$1M5.5K
55IBBiShares Nasdaq Biotechnology ICOM0.53%$1M12.0K
56CVXChevron CorpCOM0.52%$1M10.4K
57AT&T CorpCOM0.46%$1M34.0K
58IJHiShares Core S&P Midcap ETFCOM0.45%$1M5.8K
59J.P. Morgan Chase & Co.COM0.40%$989,0008.9K
60VEAVanguard Europe Pacific ETFCOM0.39%$973,00023.3K
61SYKStryker CorpCOM0.38%$932,0004.5K
62PFEPfizer Inc.COM0.35%$873,00020.2K
63VWOVanguard Emerging Markets VIPECOM0.32%$797,00018.8K
64IEZiShares US Oil Equipment & SerCOM0.31%$760,00035.1K
65NEENextera Energy Inc.COM0.30%$731,0003.6K
66Duke Energy Corp.COM0.28%$693,0007.9K
67ORCLOracle Corp.COM0.27%$658,00011.6K
68VanEck Vectors Oil Services ETCOM0.26%$652,00044.0K
69AORiShares S&P Growth AllocationCOM0.26%$646,00014.1K
70PAYXPaychex, Inc.COM0.26%$638,0007.8K
71BXPBoston Properties, Inc.COM0.25%$625,0004.8K
72IBMIntl Business Machines CorpCOM0.25%$618,0004.5K
73VEUVanguard FTSE All-World Ex-USCOM0.25%$615,00012.1K
74SYYSysco CorpCOM0.23%$579,0008.2K
75BABoeing CoCOM0.23%$571,0001.6K
76IYFiShares US Financials ETFCOM0.22%$542,0004.3K
77YUMYum! Brands Inc.COM0.21%$513,0004.6K
78LLYEli Lilly & CoCOM0.20%$495,0004.5K
79CATCaterpillarCOM0.19%$466,0003.4K
80PPGPPG IndustriesCOM0.17%$431,0003.7K
81BMYBristol-Myers Squibb CompanyCOM0.17%$427,0009.4K
82KMBKimberly-Clark CorpCOM0.17%$424,0003.2K
83Waste Management, Inc.COM0.17%$413,0003.6K
84ITWIllinois Tool WorksCOM0.16%$402,0002.7K
85AGGiShares Core Total US Bond MarCOM0.15%$381,0003.4K
86DHRDanaher Corp.COM0.14%$345,0002.4K
87EMREmerson Electric CoCOM0.14%$340,0005.1K
88WFCWells Fargo & Co.COM0.11%$281,0005.9K
89FireEye Inc.COM0.11%$279,00018.9K
90VFCV F CorpCOM0.11%$272,0003.1K
91MRSHMarsh & McLennan Companies, InCOM0.11%$261,0002.6K
92SOSouthern CoCOM0.11%$260,0004.7K
93GPCGenuine PartsCOM0.10%$247,0002.4K
94TXNTexas InstrumentsCOM0.10%$236,0002.1K
95QCOMQualcomm, Inc.COM0.09%$225,0003.0K
96AMGNAmgen Inc.COM0.09%$217,0001.2K
97CLXClorox CompanyCOM0.08%$210,0001.4K
98General Electric CompanyCOM0.07%$183,00017.5K

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 ↗.