SEC 13F Intelligence

Managers / Q4 2023 · view latest →

New England Research & Management, Inc.

CIK 0001596077 · 53 W. JACKSON BLVD., SUITE 603, CHICAGO, IL, 60604 · 3122121704

Reported Value
$189M
Q4 2023
Positions
155
Filings on Record
31
2019–present window
Filed
Feb 6, 2024
original filing

Summary

New England Research & Management, Inc. reported $189M in U.S.-listed holdings across 155 positions for Q4 2023.

Its largest position, Alphabet, represents 3.6% of the portfolio.

Compared with Q3 2023, the fund opened 21 new positions and exited 15.

Portfolio Metrics

Turnover
+12.6%
vs prior filed quarter
Top-10 Concentration
+25.0%
share of reported value
Largest Position
+3.6%
Alphabet
New / Exited
21 / 15
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
Q4 ’18: $127MQ4 ’18Q1 ’19: $148MQ2 ’19: $147MQ3 ’19: $138MQ4 ’19: $149MQ4 ’19Q2 ’20: $140MQ3 ’20: $138MQ4 ’20: $162MQ1 ’21: $182MQ1 ’21Q2 ’21: $193MQ3 ’21: $191MQ4 ’21: $207MQ1 ’22: $193MQ1 ’22Q2 ’22: $172MQ3 ’22: $159MQ1 ’23: $170MQ2 ’23: $172MQ2 ’23Q3 ’23: $175MQ4 ’23: $189MQ1 ’24: $204MQ2 ’24: $208MQ2 ’24Q3 ’24: $213MQ4 ’24: $197MQ1 ’25: $197MQ2 ’25: $211MQ2 ’25Q4 ’25: $229MQ1 ’26: $237MQ2 ’26: $257Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 77.5%Other: 19.8%ADR: 1.5%REIT: 0.9%MLP: 0.2%
  • Common Stock · 77.5% · $146M
  • Other · 19.8% · $37M
  • ADR · 1.5% · $3M
  • REIT · 0.9% · $2M
  • MLP · 0.2% · $327,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Jacobs Solutions Inc.NEW+22.8K22.8K+$3M$3M
APDAir Prod.& Chem.NEW+8.1K8.1K+$2M$2M
PHParker HannifinNEW+2.3K2.3K+$1M$1M
SWKStanley Black & DeckerNEW+9.8K9.8K+$964,000$964,000
NUENucorNEW+5.2K5.2K+$901,000$901,000
WDAYWorkday, Inc.NEW+2.8K2.8K+$772,000$772,000
VEEVVeeva Systems IncNEW+2.6K2.6K+$501,000$501,000
MLMMartin Marietta Materials, IncNEW+1.0K1.0K+$499,000$499,000

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

Holdings — Q4 2023

154 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Alphabet Inc Class ACS3.59%$7M48.5K
2AAPLApple Computerhistory →CS3.14%$6M30.8K
3CHDChurch and Dwighthistory →CS2.90%$5M58.0K
4MSFTMicrosofthistory →CS2.75%$5M13.8K
5JNJJohnson & Johnsonhistory →CS2.48%$5M29.9K
6Zoetis IncCS2.46%$5M23.6K
7CSXCSX Corphistory →CS2.15%$4M117.0K
8URIUnited Rentals, Inc.history →CS2.05%$4M6.8K
9UPSUPShistory →CS1.75%$3M21.0K
10HONHoneywell Int'l.history →CS1.72%$3M15.5K
11Jacobs Solutions Inc.CS1.57%$3M22.8K
12BRK/BBerkshire Hathaway Bhistory →CS1.49%$3M7.9K
13KOCoca-Colahistory →CS1.48%$3M47.5K
14ORCLOraclehistory →CS1.44%$3M25.9K
15Quanta ServicesCS1.40%$3M12.3K
16KMBKimberly Clarkhistory →CS1.40%$3M21.7K
17AMDAdvanced Micro Deviceshistory →CS1.36%$3M17.4K
18LENLennarhistory →CS1.31%$2M16.6K
19Canadian Pacific Kansas City LCS1.26%$2M30.1K
20SCHWCharles Schwabhistory →CS1.26%$2M34.5K
21BMYBristol Myers Squibbhistory →CS1.23%$2M45.4K
22NKENike Inc Class Bhistory →CS1.21%$2M21.0K
23APDAir Prod.& Chem.history →CS1.17%$2M8.1K
24UNPUnion Pacifichistory →CS1.12%$2M8.6K
25PFEPfizerhistory →CS1.11%$2M73.0K
26ABTAbbott Labshistory →CS1.08%$2M18.6K
27EXMOCExxon Mobilhistory →CS1.05%$2M19.8K
28TERTeradynehistory →CS1.04%$2M18.1K
29SYYSysco Corphistory →CS1.02%$2M26.3K
30MSMorgan Stanleyhistory →CS1.01%$2M20.5K
31UTHRUnited Therapeutics CorporatioCS0.94%$2M8.0K
32YUMYum Brands Inc.CS0.92%$2M13.3K
33HHyatt Hotels CorpCS0.89%$2M12.9K
34PEPPepsicoCS0.89%$2M9.9K
35AMGNAmgenCS0.89%$2M5.8K
36MerckCS0.89%$2M15.3K
37ADIAnalog DevicesCS0.87%$2M8.3K
38GEHCGE HealthCare Technologies IncCS0.85%$2M20.7K
39LLYEli LillyCS0.84%$2M2.7K
40ELEstee LauderCS0.83%$2M10.7K
41SPGSimon Property GroupCS0.80%$2M10.5K
42Medtronic PLCCS0.79%$1M18.0K
43M.D.C. Holdings, Inc.CS0.76%$1M26.0K
44SYKStrykerCS0.74%$1M4.7K
45DISWalt DisneyCS0.73%$1M15.3K
46PGProcter & GambleCS0.72%$1M9.2K
47AMZNAmazon, Inc.CS0.72%$1M8.9K
48IBMInt'l Bus. Mach.CS0.70%$1M8.1K
49TGTTargetCS0.70%$1M9.3K
50MCDMcDonald'sCS0.70%$1M4.4K
51WASHWashington TrustCS0.69%$1M40.2K
52PPGPPG IndustriesCS0.68%$1M8.6K
53Restaurant Brands Int'lCS0.68%$1M16.4K
54Truist Financial CorpCS0.67%$1M34.3K
55ENSEnerSysCS0.66%$1M12.4K
56Invitation Homes Inc.CS0.65%$1M36.1K
57PRUPrudential FinancialCS0.65%$1M11.8K
58KELKellanovaCS0.65%$1M21.8K
59NetflixCS0.63%$1M2.4K
60LHXL3Harris TechnologiesCS0.62%$1M5.5K
61Waste Management Inc.CS0.61%$1M6.4K
62AIRAAR Corp.CS0.57%$1M17.1K
63PHParker HannifinCS0.56%$1M2.3K
64COPConocoPhillipsCS0.56%$1M9.1K
65IDXXIdexx LaboratoriesCS0.52%$988,0001.8K
66TKRTimkenCS0.52%$978,00012.2K
67SWKStanley Black & DeckerCS0.51%$964,0009.8K
68IRIngersoll-RandCS0.49%$934,00012.1K
69INDBIndependent BankCS0.49%$933,00014.2K
70CMCOColumbus McKinnon CorporationCS0.48%$907,00023.3K
71DHRDanaherCS0.48%$905,0003.9K
72NUENucorCS0.48%$901,0005.2K
73NextEra Energy Inc.CS0.48%$900,00014.8K
74ONON SemiconductorCS0.48%$898,00010.8K
75AMATApplied MaterialsCS0.47%$896,0005.5K
76ELVElevance Health Inc.CS0.47%$896,0001.9K
77Lam ResearchCS0.46%$862,0001.1K
78CSCOCisco SystemsCS0.45%$844,00016.7K
79LMTLockheed MartinCS0.43%$818,0001.8K
80GSKGlaxoSmithKline ADSCS0.42%$802,00021.6K
81MRVLMarvell TechnologiesCS0.41%$783,00013.0K
82MCHPMicrochip TechnologyCS0.41%$780,0008.7K
83AbbVie Inc.CS0.41%$779,0005.0K
84WDAYWorkday, Inc.CS0.41%$772,0002.8K
85GISGeneral MillsCS0.38%$725,00011.1K
86MASMasco CorpCS0.37%$700,00010.4K
87ROLRollinsCS0.36%$673,00015.4K
88FortinetCS0.36%$672,00011.5K
89SBUXStarbucksCS0.35%$664,0006.9K
90CLColgate-PalmoliveCS0.35%$661,0008.3K
91PayPalCS0.35%$654,00010.7K
92BABoeingCS0.35%$652,0002.5K
93CVXChevron CorporationCS0.34%$634,0004.3K
94VZVerizon Comm.CS0.33%$623,00016.5K
95PATKPatrick IndustriesCS0.33%$620,0006.2K
96LYVLive Nation EntertainmentCS0.31%$583,0006.2K
97GXO LogisticsCS0.31%$583,0009.5K
98SONYSony Group CorporationCS0.30%$563,0006.0K
99TDGTransDigm Group IncorporatedCS0.30%$561,000555
100SONSonoco Products CompanyCS0.30%$559,00010.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$257M134Jul 9, 202613F-HRchanges · EDGAR ↗
Q1 2026$237M143May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$229M144Jan 7, 202613F-HRchanges · EDGAR ↗
Q3 2025Under review146Oct 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$211M147Jul 9, 202513F-HRchanges · EDGAR ↗
Q1 2025$197M146Apr 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$197M143Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$213M158Oct 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$208M164Jul 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$204M158Apr 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$189M155Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$175M149Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$172M133Jul 5, 202313F-HRchanges · EDGAR ↗
Q1 2023$170M143Apr 6, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review152Jan 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$159M157Oct 6, 202213F-HRchanges · EDGAR ↗
Q2 2022$172M149Jul 20, 202213F-HRchanges · EDGAR ↗
Q1 2022$193M156Apr 20, 202213F-HRchanges · EDGAR ↗
Q4 2021$207M177Jan 5, 202213F-HRchanges · EDGAR ↗
Q3 2021$191M174Oct 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$193M171Jul 15, 202113F-HRchanges · EDGAR ↗
Q1 2021$182M167Apr 16, 202113F-HRchanges · EDGAR ↗
Q4 2020$162M150Jan 7, 202113F-HRchanges · EDGAR ↗
Q3 2020$138M133Oct 8, 202013F-HRchanges · EDGAR ↗
Q2 2020$140M141Jul 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$149M151Jan 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$138M157Nov 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$147M163Jul 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$148M164Apr 3, 201913F-HRchanges · EDGAR ↗
Q4 2018$127M152Jan 11, 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 ↗.