SEC 13F Intelligence

Managers / Q4 2023 · view latest →

HEADINVEST, LLC

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

Reported Value
$481M
Q4 2023
Positions
230
Filings on Record
32
2019–present window
Filed
Feb 12, 2024
original filing

Summary

Headinvest, LLC reported $481M in U.S.-listed holdings across 230 positions for Q4 2023.

Its largest position, Ishares Core S P Small Cap Etf, represents 6.0% of the portfolio.

Compared with Q2 2023, the fund opened 10 new positions and exited 5.

Portfolio Metrics

Turnover
+4.0%
vs prior filed quarter
Top-10 Concentration
+30.4%
share of reported value
Largest Position
+6.0%
Ishares Core S P Small Cap Etf
New / Exited
10 / 5
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: 54.8%ETP: 34.4%Other: 6.6%ADR: 3.9%REIT: 0.3%
  • Common Stock · 54.8% · $263M
  • ETP · 34.4% · $165M
  • Other · 6.6% · $32M
  • ADR · 3.9% · $19M
  • REIT · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline) · note: prior filed quarter, not the immediately preceding one

IssuerMoveShare ΔShares nowValue ΔValue now
JANUS DETROIT STREET TRUST JANUS HENDERSON AAA CLO ETFNEW+105.6K105.6K+$5M$5M
KVUEKENVUE INC COMNEW+51.6K51.6K+$1M$1M
VLTOVERALTO CORP COM SHSNEW+5.1K5.1K+$420,678$420,678
DVNDEVON ENERGY CORP NEW COMNEW+9.0K9.0K+$406,341$406,341
IFFINTERNATIONAL FLAVORS&FRAGRANC COMNEW+3.7K3.7K+$302,018$302,018
ISHARES IBONDS 2024 TERM HIGH YIELD & INCOME ETFNEW+11.2K11.2K+$260,532$260,532
VANGUARD FTSE ALL-WORLD EX-US INDEX FUNDNEW+4.3K4.3K+$238,876$238,876
CRWDCROWDSTRIKE HLDGS INC CL ANEW+875875+$223,405$223,405

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

Holdings — Q4 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES CORE S&P SMALL CAP ETFETF6.01%$29M266.9K
2MSFTMICROSOFT CORP COMhistory →Stock4.30%$21M54.9K
3PGPROCTER AND GAMBLE CO COMhistory →Stock3.23%$16M105.9K
4NVONOVO-NORDISK A S ADRhistory →ADR2.94%$14M136.6K
5VANGUARD HIGH DIVIDEND YIELD INDEX ETFETF2.66%$13M114.7K
6ACCENTURE PLC IRELAND SHS CLASS AStock2.46%$12M33.7K
7INTUINTUIT COMhistory →Stock2.34%$11M18.0K
8VANGUARD TOTAL STOCK MARKET ETFETF2.26%$11M45.8K
9VANGUARD LARGE-CAP ETFETF2.18%$10M48.1K
10DHRDANAHER CORPORATION COMhistory →Stock2.04%$10M42.5K
11VANGUARD SHORT-TERM BOND ETFETF2.01%$10M125.2K
12AAPLAPPLE INC COMhistory →Stock2.01%$10M50.1K
13FISVFISERV INC COMhistory →Stock1.96%$9M70.9K
14WATWATERS CORP COMhistory →Stock1.73%$8M25.3K
15PEPPEPSICO INC COMhistory →Stock1.68%$8M47.5K
16VANGUARD MID-CAP ETFETF1.52%$7M31.4K
17LINDE PLC SHSStock1.50%$7M17.6K
18AXPAMERICAN EXPRESS CO COMhistory →Stock1.50%$7M38.4K
19TXNTEXAS INSTRS INC COMhistory →Stock1.42%$7M40.1K
20EMREMERSON ELEC CO COMhistory →Stock1.36%$7M67.3K
21WMTWALMART INC COMhistory →Stock1.36%$7M41.5K
22GOOGLALPHABET INC CAP STK CL Ahistory →Stock1.34%$6M46.0K
23VANGUARD FTSE DEVELOPED MARKETS ETFETF1.30%$6M130.4K
24UPSUNITED PARCEL SERVICE INC CL Bhistory →Stock1.29%$6M39.6K
25VANGUARD SHORT-TERM CORPORATE BOND ETFETF1.29%$6M79.9K
26VANGUARD DIVIDEND APPRECIATION ETFETF1.19%$6M33.6K
27HONGBPHONEYWELL INTL INC COMhistory →Stock1.16%$6M26.5K
28ORCLORACLE CORP COMhistory →Stock1.15%$6M52.4K
29EXMOCEXXON MOBIL CORP COMhistory →Stock1.12%$5M54.0K
30JANUS DETROIT STREET TRUST JANUS HENDERSON AAA CLO ETFETF1.10%$5M105.6K
31JPMJPMORGAN CHASE & CO COMhistory →Stock1.03%$5M29.1K
32CSCOCISCO SYS INC COMhistory →Stock1.02%$5M96.8K
33IDXXIDEXX LABS INC COMhistory →Stock1.00%$5M8.7K
34VANGUARD INTERMEDIATE-TERM CORPORATE BOND ETFETF0.97%$5M57.5K
35UNILEVER PLC SPON ADR NEWADR0.96%$5M94.8K
36MEDTRONIC PLC SHSStock0.95%$5M55.3K
37VANGUARD SMALL-CAP ETFETF0.95%$5M21.3K
38VANGUARD FTSE EMERGING MARKETS ETFETF0.92%$4M108.1K
39CHVCHEVRON CORP NEW COMStock0.86%$4M27.7K
40ISHARES MSCI KLD 400 SOCIAL ETFETF0.77%$4M40.9K
41ECLECOLAB INC COMStock0.77%$4M18.6K
42ISHARES CORE S&P MID-CAP ETFETF0.73%$4M12.7K
43CVSCVS HEALTH CORP COMStock0.67%$3M40.6K
44AMZNAMAZON COM INC COMStock0.65%$3M20.6K
45MRKMERCK & CO INC COMStock0.58%$3M25.5K
46FTVFORTIVE CORP COMStock0.55%$3M36.1K
47SCHWAB US DIVIDEND EQUITY ETFETF0.53%$3M33.8K
48NVDANVIDIA CORPORATION COMStock0.53%$3M5.1K
49ISHARES 1-3 YEAR TREASURY BOND ETFETF0.52%$3M30.7K
50VGSHVANGUARD SHORT-TERM TREASURY ETFETF0.49%$2M40.5K

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 ↗.