SEC 13F Intelligence

Managers / Q2 2020 · view latest →

BOSTON RESEARCH & MANAGEMENT INC

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

Reported Value
$241M
Q2 2020
Positions
97
Filings on Record
30
2019–present window
Filed
Aug 10, 2020
original filing

Summary

Boston Research & Management Inc reported $241M in U.S.-listed holdings across 97 positions for Q2 2020.

Its largest position, MSFT, represents 5.2% of the portfolio.

Compared with Q1 2020, the fund opened 6 new positions and exited 1.

Portfolio Metrics

Turnover
+0.3%
vs prior filed quarter
Top-10 Concentration
+29.8%
share of reported value
Largest Position
+5.2%
Microsoft
New / Exited
6 / 1
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: 62.1%Other: 23.1%ETP: 14.6%REIT: 0.2%
  • Common Stock · 62.1% · $149M
  • Other · 23.1% · $56M
  • ETP · 14.6% · $35M
  • REIT · 0.2% · $438,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SNASnap-On Inc.NEW+15.8K15.8K+$2M$2M
TMOThermo Fisher ScientificNEW+2.5K2.5K+$912,000$912,000
AMZNAmazon.com, Inc.NEW+194194+$535,000$535,000
Yum China Holding Inc.NEW+4.3K4.3K+$207,000$207,000
GPCGenuine PartsNEW+2.4K2.4K+$207,000$207,000
MASMasco CorpNEW+4.0K4.0K+$200,000$200,000
Duke Energy Corp.ADDED+10.5K18.3K+$828,000$1M
UTXZUnited Technologies CorpSOLD OUT−2.3K0−$218,000$0

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

Holdings — Q2 2020

96 positions (from 97 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corphistory →COM5.19%$13M61.4K
2IVViShares Core S&P 500 ETFhistory →COM3.71%$9M28.8K
3FASTFastenal Cohistory →COM2.87%$7M161.1K
4Mastercard, Inc.COM2.84%$7M23.1K
5AAPLApple Inc.history →COM2.73%$7M18.0K
6Cisco Systems, Inc.COM2.66%$6M137.1K
7TSCOTractor Supply Cohistory →COM2.57%$6M46.9K
8GISGeneral Mills Inc Comhistory →COM2.45%$6M95.7K
9AbbVie Inc.COM2.37%$6M58.2K
10WMTWal-Mart Storeshistory →COM2.37%$6M47.7K
11Alphabet, Inc. - Class ACOM2.37%$6M4.0K
12ACNAccenture PLChistory →COM2.34%$6M26.2K
13ABTAbbott Laboratorieshistory →COM2.29%$6M60.2K
14INTCIntel Corphistory →COM2.21%$5M88.9K
15PGProcter & Gamble Cohistory →COM2.15%$5M43.4K
16PEPPepsi Co Inchistory →COM2.03%$5M36.9K
17IJRiShares Core S&P SmallCap ETFhistory →COM1.95%$5M68.8K
18MCDMcDonald's Corphistory →COM1.94%$5M25.3K
19Xylem Inc.COM1.82%$4M67.5K
20iShares Core MSCI Emerging MarCOM1.76%$4M88.9K
21CLColgate-Palmolive Companyhistory →COM1.76%$4M57.7K
22MDTMedtronic Plchistory →COM1.74%$4M45.7K
23CVSCVS Health Corphistory →COM1.73%$4M64.3K
24CMCSAComcast Corp Cl A Vtghistory →COM1.71%$4M105.4K
25UPSUnited Parcel Serviceshistory →COM1.65%$4M35.7K
26Verizon CommunicationsCOM1.65%$4M71.8K
27MRKMerck & Co. Inc.history →COM1.60%$4M49.8K
28Laboratory CP Amer HldgsCOM1.60%$4M23.2K
29Linde PLCCOM1.59%$4M18.1K
30CHRWCH Robinson Worldwide Inchistory →COM1.55%$4M47.2K
31BRK/BBerkshire Hathaway Inc. Classhistory →COM1.48%$4M20.0K
32KOCoca-Cola Companyhistory →COM1.44%$3M77.7K
33DISWalt Disney Co.history →COM1.43%$3M31.0K
34MMM3M Cohistory →COM1.36%$3M21.0K
35iShares Core MSCI EAFE ETFCOM1.33%$3M56.2K
36IWMiShares Russell 2000 Index Funhistory →COM1.28%$3M21.5K
37WUWestern Union Companyhistory →COM1.15%$3M128.0K
38BNYBank of New York Mellon Corp.history →COM1.03%$2M64.2K
39HDHome Depot, Inc.COM0.99%$2M9.5K
40BBHVanEck Vectors Biotech ETFCOM0.96%$2M14.2K
41Exxon Mobil Corp.COM0.95%$2M51.3K
42SPYSPDR S&P 500 ETFCOM0.92%$2M7.2K
43SNASnap-On Inc.COM0.91%$2M15.8K
44OMCOmnicom Group Inc ComCOM0.89%$2M39.2K
45USBUS BancorpCOM0.88%$2M57.3K
46iShares iBoxx High Yield CorpCOM0.83%$2M24.5K
47iShares Comex Gold TrustCOM0.83%$2M117.0K
48VBVanguard Small-Cap ETFCOM0.81%$2M13.4K
49VTIVanguard Total Stock Market ETCOM0.80%$2M12.4K
50IBBiShares Nasdaq Biotechnology ICOM0.75%$2M13.2K
51COPConocoPhillipsCOM0.70%$2M39.9K
52IJHiShares Core S&P Midcap ETFCOM0.64%$2M8.6K
53CTASCintas CorporationCOM0.61%$1M5.5K
54Duke Energy Corp.COM0.61%$1M18.3K
55JNJJohnson & JohnsonCOM0.57%$1M9.7K
56AMEX Energy Sector SPDRCOM0.56%$1M35.8K
57NEENextera Energy Inc.COM0.53%$1M5.3K
58VEUVanguard FTSE All-World Ex-USCOM0.44%$1M22.2K
59AT&T CorpCOM0.42%$1M33.4K
60CVXChevron CorpCOM0.40%$958,00010.7K
61TMOThermo Fisher ScientificCOM0.38%$912,0002.5K
62SYKStryker CorpCOM0.33%$785,0004.4K
63J.P. Morgan Chase & Co.COM0.32%$764,0008.1K
64LLYEli Lilly & CoCOM0.30%$734,0004.5K
65PFEPfizer Inc.COM0.28%$672,00020.6K
66PAYXPaychex, Inc.COM0.24%$587,0007.8K
67ORCLOracle Corp.COM0.24%$583,00010.6K
68AORiShares S&P Growth AllocationCOM0.23%$565,00012.2K
69AMZNAmazon.com, Inc.COM0.22%$535,000194
70IBMIntl Business Machines CorpCOM0.22%$530,0004.4K
71BMYBristol-Myers Squibb CompanyCOM0.22%$527,0009.0K
72ITWIllinois Tool WorksCOM0.19%$451,0002.6K
73SYYSysco CorpCOM0.19%$450,0008.2K
74KMBKimberly-Clark CorpCOM0.19%$450,0003.2K
75VEAVanguard Europe Pacific ETFCOM0.18%$440,00011.3K
76BXPBoston Properties, Inc.COM0.18%$438,0004.8K
77CATCaterpillarCOM0.18%$432,0003.4K
78DHRDanaher Corp.COM0.18%$422,0002.4K
79AGGiShares Core Total US Bond MarCOM0.17%$405,0003.4K
80PPGPPG IndustriesCOM0.16%$392,0003.7K
81YUMYum! Brands Inc.COM0.16%$388,0004.5K
82Waste Management, Inc.COM0.14%$327,0003.1K
83EMREmerson Electric CoCOM0.13%$316,0005.1K
84CLXClorox CompanyCOM0.13%$301,0001.4K
85MRSHMarsh & McLennan Companies, InCOM0.12%$281,0002.6K
86AMGNAmgen Inc.COM0.12%$278,0001.2K
87QCOMQualcomm, Inc.COM0.11%$269,0003.0K
88VWOVanguard Emerging Markets VIPECOM0.11%$263,0006.7K
89SOSouthern CoCOM0.10%$244,0004.7K
90BABoeing CoCOM0.10%$238,0001.3K
91FireEye Inc.COM0.10%$230,00018.9K
92UNHUnitedHealth Group IncCOM0.09%$218,000740
93GPCGenuine PartsCOM0.09%$207,0002.4K
94Yum China Holding Inc.COM0.09%$207,0004.3K
95MASMasco CorpCOM0.08%$200,0004.0K
96General Electric CompanyCOM0.06%$138,00020.3K

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 ↗.