SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Beaton Management Co. Inc.

CIK 0001714678 · 150 SUMMER STREET, HAVERHILL, MA, 01830 · 978-372-3008

Reported Value
$154M
Q3 2023
Positions
130
Filings on Record
30
2019–present window
Filed
Nov 3, 2023
original filing

Summary

Beaton Management Co. Inc. reported $154M in U.S.-listed holdings across 130 positions for Q3 2023.

Its largest position, MSFT, represents 3.8% of the portfolio.

Compared with Q2 2023, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+3.1%
vs prior filed quarter
Top-10 Concentration
+30.2%
share of reported value
Largest Position
+3.8%
Microsoft
New / Exited
3 / 3
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: $116MQ1 ’19Q2 ’19: $121MQ3 ’19: $123MQ4 ’19: $127MQ1 ’20: $100MQ1 ’20Q2 ’20: $112MQ3 ’20: $121MQ4 ’20: $135MQ1 ’21: $288MQ1 ’21Q2 ’21: $157MQ3 ’21: $151MQ4 ’21: $168MQ1 ’22: $162MQ1 ’22Q2 ’22: $141MQ3 ’22: $132MQ4 ’22: $149MQ1 ’23: $148MQ1 ’23Q2 ’23: $158MQ3 ’23: $154MQ4 ’23: $167MQ1 ’24: $184MQ1 ’24Q2 ’24: $186MQ3 ’24: $198MQ4 ’24: $198MQ1 ’25: $193MQ1 ’25Q2 ’25: $205MQ3 ’25: $220MQ4 ’25: $227MQ1 ’26: $225MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 92.8%ETP: 5.9%ADR: 1.0%Other: 0.2%REIT: 0.1%
  • Common Stock · 92.8% · $143M
  • ETP · 5.9% · $9M
  • ADR · 1.0% · $2M
  • Other · 0.2% · $301,000
  • REIT · 0.1% · $213,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADPAUTOMATIC DATA PROCESSNGNEW+896896+$216,000$216,000
IJRISHARES CORE S&PNEW+2.2K2.2K+$206,000$206,000
IJTISHARES S&P SMALLCAP 600NEW+1.6K1.6K+$180,000$180,000
CSCOCISCO SYS INC COMADDED+14.5K22.9K+$794,000$1M
GMGENERAL MOTORS COSOLD OUT−5.4K0−$209,000$0
KELKELLOGG COSOLD OUT−3.0K0−$200,000$0
LSTRLANDSTAR SYS INC COMSOLD OUT−1.0K0−$200,000$0
MCDMCDONALDS CORPADDED+2.4K6.2K+$503,000$2M

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

Holdings — Q3 2023

128 positions (from 130 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →Common3.76%$6M18.3K
2EXMOCEXXON MOBIL CORPhistory →Common3.60%$6M47.1K
3AAPLAPPLE INChistory →Common3.57%$6M32.1K
4TDTORONTO DOMINION BK NEWhistory →Common3.37%$5M86.0K
5PEPPEPSICO INChistory →Common3.03%$5M27.6K
6PGPROCTER & GAMBLE COhistory →Common2.93%$5M31.0K
7BRK/ABERKSHIRE HATHAWAY INCCommon2.79%$4M3.2K
8AMZNAMAZON.COM INChistory →Common2.40%$4M29.0K
9ORLYO REILLY AUTOMOTIVE INChistory →Common2.38%$4M4.0K
10CVXCHEVRON CORPhistory →Common2.37%$4M21.6K
11TMOTHERMO FISHER SCIENTIFIChistory →Common2.31%$4M7.0K
12JNJJOHNSON & JOHNSON COMhistory →Common2.24%$3M22.2K
13JPMJPMORGAN CHASE & COhistory →Common2.11%$3M22.4K
14NVDANVIDIA CORPhistory →Common1.92%$3M6.8K
15HDHOME DEPOT INChistory →Common1.91%$3M9.7K
16METAMETA PLATFORMS INC CL Ahistory →Common1.79%$3M9.2K
17HONHONEYWELL INTL INChistory →Common1.64%$3M13.7K
18QQQINVESCO QQQ TRUST ETFhistory →ETF1.58%$2M6.8K
19DEDEERE AND COhistory →Common1.54%$2M6.3K
20GOOGLALPHABET INC CL ACommon1.51%$2M17.8K
21BACBANK OF AMER CORPhistory →Common1.51%$2M84.9K
22COSTCOSTCO WHOLESALE CORPhistory →Common1.50%$2M4.1K
23MRKMERCK & CO INC COMhistory →Common1.32%$2M19.7K
24DISWALT DISNEY CO (HOLDINGhistory →Common1.31%$2M24.8K
25NKENIKE INC CL Bhistory →Common1.11%$2M17.8K
26PMPHILIP MORRIS INTL INChistory →Common1.09%$2M18.2K
27NOCNORTHROP GRUMMAN CORPhistory →Common1.08%$2M3.8K
28IWFISHARES RUSSELL 1000history →ETF1.06%$2M6.2K
29MCDMCDONALDS CORPhistory →Common1.06%$2M6.2K
30ABBVABBVIE INC COMhistory →Common1.06%$2M10.9K
31BABOEING CO COMhistory →Common1.04%$2M8.3K
32CATCATERPILLAR INChistory →Common1.00%$2M5.7K
33PFEPFIZER INCCommon0.99%$2M46.1K
34RTXRTX CORPCommon0.92%$1M19.6K
35ADBEADOBE SYS INC COMCommon0.88%$1M2.7K
36LMTLOCKHEED MARTIN CORPCommon0.86%$1M3.2K
37KOCOCA COLA CO COMCommon0.80%$1M22.1K
38CSCOCISCO SYS INC COMCommon0.80%$1M22.9K
39VVISA INC CL ACommon0.80%$1M5.3K
40RSPINVESCO S&P 500 EQUALETF0.79%$1M8.6K
41VZVERIZON COMMUNICATIONSCommon0.78%$1M37.3K
42STTSTATE STREET CORPCommon0.78%$1M18.0K
43MDLZMONDELEZ INTL INCCommon0.77%$1M17.2K
44BMYBRISTOL MYERS SQUIBB COCommon0.76%$1M20.1K
45NEENEXTERA ENERGY INC COMCommon0.75%$1M20.1K
46GENL ELEC COCommon0.69%$1M9.6K
47LOWLOWES COS INC COMCommon0.69%$1M5.1K
48MMM3M COCommon0.69%$1M11.3K
49IBMINTL BUSINESS MACHCommon0.68%$1M7.5K
50COPCONOCOPHILLIPSCommon0.67%$1M8.7K
51WMTWALMART INCCommon0.64%$989,0006.2K
52APHAMPHENOL CORP NEW CL ACommon0.62%$950,00011.3K
53NVSNOVARTIS AG SPON ADRSponsored ADR0.59%$904,0008.9K
54TSLATESLA INCCommon0.58%$898,0003.6K
55FDXFEDEX CORPCommon0.58%$894,0003.4K
56AMGNAMGEN INCCommon0.58%$886,0003.3K
57CVSCVS HEALTH CORPCommon0.57%$884,00012.7K
58TAT&T INCCommon0.57%$870,00057.9K
59MOALTRIA GROUP INCCommon0.54%$835,00019.9K
60INTCINTEL CORPCommon0.53%$819,00023.0K
61DDDUPONT DE NEMOURS INCCommon0.53%$817,00010.9K
62ORCLORACLE CORPCommon0.51%$781,0007.4K
63SPYSPDR S&P 500 ETF TRETF0.50%$775,0001.8K
64CLXCLOROX COCommon0.49%$753,0005.7K
65ROKROCKWELL AUTOMATION INCCommon0.47%$727,0002.5K
66CICIGNA GROUP COMCommon0.47%$717,0002.5K
67LINLINDE PLC NEW EURCommon0.45%$700,0001.9K
68GISGENL MILLS INCCommon0.45%$695,00010.9K
69WECWEC ENERGY GROUP INC COMCommon0.42%$643,0008.0K
70MAMASTERCARD INC CL ACommon0.41%$626,0001.6K
71DDMPROSHARES ULTRA DOW30ETF0.38%$588,0009.3K
72GSGOLDMAN SACHS GROUP INCCommon0.37%$566,0001.8K
73NOWSERVICENOW INCCommon0.35%$545,000975
74RSRELIANCE STEEL &Common0.34%$524,0002.0K
75SYYSYSCO CORPCommon0.34%$523,0007.9K
76CMCSACOMCAST CORP NEW CL ACommon0.33%$515,00011.6K
77UFPTUFP TECHNOLOGIES INCCommon0.32%$498,0003.1K
78DOWDOW INCCommon0.32%$490,0009.5K
79KMBKIMBERLY CLARK CORPCommon0.30%$459,0003.8K
80HCAHCA HEALTHCARE INCCommon0.30%$457,0001.9K
81WFCWELLS FARGO & CO NEWCommon0.29%$451,00011.1K
82AWKAMERICAN WATER WORKS COCommon0.29%$449,0003.6K
83ABTABBOTT LABSCommon0.29%$440,0004.5K
84SHELSHELL PLC SPON ADRSponsored ADR0.27%$415,0006.5K
85UNHUNITEDHEALTH GROUP INCCommon0.26%$405,000804
86WATWATERS CORPCommon0.25%$384,0001.4K
87NDAQNASDAQ INCCommon0.25%$379,0007.8K
88PSXPHILLIPS 66Common0.25%$378,0003.1K
89EMREMERSON ELECTRIC COCommon0.24%$371,0003.8K
90NSCNORFOLK SOUTHN CORP COMCommon0.24%$370,0001.9K
91GNRCGENERAC HLDGS INCCommon0.24%$365,0003.4K
92ALLALLSTATE CORPCommon0.24%$363,0003.3K
93APDAIR PROD & CHEMICAL INCCommon0.22%$338,0001.2K
94IWMISHARES RUSSELL 2000 ETFETF0.21%$331,0001.9K
95UPSUNITED PARCEL SERVICECommon0.21%$322,0002.1K
96FFORD MOTOR CO COMCommon0.21%$320,00025.7K
97QTECFIRST TRUST NASDAQ 100ETF0.20%$312,0002.1K
98CTVACORTEVA INCCommon0.20%$306,0006.0K
99CBRECBRE GROUP INC CL ACommon0.20%$303,0004.1K
100HSYHERSHEY COCommon0.20%$302,0001.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$225M146May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$227M149Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$220M142Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$205M135Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$193M138Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$198M134Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$198M135Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$186M136Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$184M136May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$167M132Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$154M130Nov 3, 202313F-HRchanges · EDGAR ↗
Q2 2023$158M130Jul 21, 202313F-HRchanges · EDGAR ↗
Q1 2023$148M127May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$149M126Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$132M123Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$141M128Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$162M141May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$168M143Feb 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$151M134Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$157M135Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021REVEALED$288M252May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$135M127Feb 17, 202113F-HRchanges · EDGAR ↗
Q3 2020$121M115Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$112M111Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$100M103May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$127M120Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$123M117Nov 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$121M116Aug 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$116M115May 14, 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 ↗.