SEC 13F Intelligence

Managers / Q4 2020 · view latest →

HEADINVEST, LLC

CIK 0001372130 · 7 CUSTOM HOUSE STREET, 4TH FLOOR, PORTLAND, ME, 04101 · 207-773-5333

Reported Value
$471M
Q4 2020
Positions
210
Filings on Record
32
2019–present window
Filed
Feb 16, 2021
amendment (RESTATEMENT)

Summary

Headinvest, LLC reported $471M in U.S.-listed holdings across 210 positions for Q4 2020.

Its largest position, Ishares S P Small Cap 600 Idx, represents 5.6% of the portfolio.

Compared with Q3 2020, the fund opened 57 new positions and exited 33.

Portfolio Metrics

Turnover
+7.0%
vs prior filed quarter
Top-10 Concentration
+32.2%
share of reported value
Largest Position
+5.6%
Ishares S P Small Cap 600 Idx
New / Exited
57 / 33
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. 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
Q4 ’18: $631MQ4 ’18Q1 ’19: $357MQ2 ’19: $354MQ3 ’19: $330MQ4 ’19: $348MQ4 ’19Q1 ’20: $267MQ2 ’20: $317MQ3 ’20: $346MQ4 ’20: $471MQ4 ’20Q1 ’21: $490MQ2 ’21: $526MQ3 ’21: $527MQ4 ’21: $564MQ4 ’21Q1 ’22: $523MQ2 ’22: $449MQ4 ’22: $447MQ1 ’23: $456MQ1 ’23Q2 ’23: $464MQ4 ’23: $481MQ2 ’24: $508MQ3 ’24: $540MQ3 ’24Q4 ’24: $530MQ1 ’25: $514MQ2 ’25: $469MQ3 ’25: $484MQ3 ’25Q4 ’25: $503MQ1 ’26: $488Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 42.6%ETP: 38.3%Other: 14.7%ADR: 4.1%REIT: 0.2%Other: 0.1%
  • Common Stock · 42.6% · $201M
  • ETP · 38.3% · $180M
  • Other · 14.7% · $69M
  • ADR · 4.1% · $19M
  • REIT · 0.2% · $1M
  • Other · 0.1% · $385,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Vanguard Short-Term Bond IndexNEW+250.9K250.9K+$21M$21M
Vanguard Short-Term Corp Bd InNEW+192.9K192.9K+$16M$16M
VGSHVanguard Short-Term TreasuryNEW+257.0K257.0K+$16M$16M
Vanguard Intermediate Term CorNEW+81.7K81.7K+$8M$8M
iShares: 1-3 Yr Treasury BondNEW+66.9K66.9K+$6M$6M
Unilever PLCNEW+95.1K95.1K+$6M$6M
Vanguard Bond Index Inter TermNEW+41.3K41.3K+$4M$4M
Vanguard Emerging Markets GovNEW+24.6K24.6K+$2M$2M

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

Holdings — Q4 2020

50 positions
#IssuerClass% PortfolioValueShares
1iShares: S&P Small Cap 600 IdxETF5.56%$26M284.9K
2Vanguard Short-Term Bond IndexCOM4.42%$21M250.9K
3PGProcter & Gamblehistory →COM3.70%$17M125.3K
4Vanguard Short-Term Corp Bd InCOM3.41%$16M192.9K
5VGSHVanguard Short-Term Treasuryhistory →COM3.36%$16M257.0K
6MSFTMicrosoft Corphistory →COM3.15%$15M66.8K
7DHRDanaher Corphistory →COM2.36%$11M50.1K
8Vanguard High Dividend YieldETF2.28%$11M117.3K
9Accenture PlcCOM2.05%$10M37.0K
10AAPLApplehistory →COM1.91%$9M67.8K
11Vanguard Lg Cap IndexETF1.88%$9M50.5K
12INTUIntuithistory →COM1.78%$8M22.0K
13FISVFiserv Inchistory →COM1.77%$8M73.3K
14UPSUnited Parcel Servicehistory →COM1.70%$8M47.6K
15PEPPepsiCohistory →COM1.69%$8M53.9K
16Vanguard Intermediate Term CorCOM1.69%$8M81.7K
17TXNTexas Instrumentshistory →COM1.57%$7M45.0K
18Vanguard Total Stock MktETF1.52%$7M36.7K
19WATWatershistory →COM1.48%$7M28.1K
20WMTWal-Marthistory →COM1.46%$7M47.7K
21NVONovo-Nordiskhistory →COM1.42%$7M95.8K
223M CompanyCOM1.36%$6M36.5K
23Vanguard FTSE Emerging MarketETF1.34%$6M126.4K
24Nestle S A Reg B ADRCOM1.28%$6M51.1K
25ECLEcolab Inc.history →COM1.25%$6M27.3K
26iShares: 1-3 Yr Treasury BondCOM1.23%$6M66.9K
27IDEXX LaboratoriesCOM1.22%$6M11.5K
28Unilever PLCCOM1.22%$6M95.1K
29EMREmerson Electrichistory →COM1.21%$6M71.0K
30Vanguard Mid CapETF1.21%$6M27.6K
31Medtronic PLCCOM1.18%$6M47.6K
32HONGBPHoneywell Internationalhistory →COM1.17%$6M26.0K
33Linde PLCCOM1.11%$5M19.8K
34Cisco SystemsCOM1.04%$5M110.0K
35AXPAmerican Expresshistory →COM1.03%$5M40.2K
36Vanguard FTSE Developed MarketETF0.95%$4M94.4K
37JPMorgan ChaseCOM0.93%$4M34.3K
38CVSCVS Health CorpCOM0.89%$4M61.4K
39Vanguard Bond Index Inter TermCOM0.81%$4M41.3K
40Vanguard Small CapETF0.76%$4M18.3K
41Vanguard Dividend AppreciationETF0.76%$4M25.2K
42OracleCOM0.72%$3M52.3K
43XRAYDentsply Sirona IncCOM0.68%$3M61.2K
44RHHBYRoche Hldg Ltd ADRCOM0.67%$3M71.5K
45ExxonMobilCOM0.65%$3M73.8K
46GOOGLAlphabet Inc Cl ACOM0.65%$3M1.7K
47JNJJohnson & JohnsonCOM0.60%$3M18.1K
48AMZNAmazonCOM0.54%$3M778
49iShares: Midcap 400 IndexETF0.53%$2M10.8K
50FTVFortive CorpCOM0.52%$2M34.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$488M225May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$503M215Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$484M211Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$469M206Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$514M235May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$530M231Feb 18, 202513F-HRchanges · EDGAR ↗
Q3 2024$540M240Nov 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$508M225Aug 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$481M230Feb 12, 202413F-HRchanges · EDGAR ↗
Q2 2023$464M225Aug 23, 202313F-HRchanges · EDGAR ↗
Q1 2023$456M224May 17, 202313F-HRchanges · EDGAR ↗
Q4 2022$447M219Feb 13, 202313F-HRchanges · EDGAR ↗
Q2 2022$449M216Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$523M229May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$564M233Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$527M225Nov 16, 202113F-HRchanges · EDGAR ↗
Q2 2021$526M223Aug 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$490M216May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$471M210Feb 16, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$346M186Nov 24, 202013F-HRchanges · EDGAR ↗
Q2 2020$317M176Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$267M166May 12, 2020RESTATEMENTchanges · EDGAR ↗
Q4 2019$348M199Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$330M188Nov 21, 201913F-HRchanges · EDGAR ↗
Q2 2019$354M183Aug 22, 201913F-HRchanges · EDGAR ↗
Q1 2019$357M193May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$631M181Feb 22, 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 ↗.