# BOSTON FINANCIAL MANGEMENT LLC

> Institutional holdings reported to the SEC as of Q4 2024 on Form 13F. CIK 1053055. Source: https://holderbook.com/funds/1053055-boston-financial-mangement-llc/

- Reported value: $3.3B
- Positions: 335
- Weight of the ten largest: 34.3%
- Filed: 2025-02-03

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $179.4M | 716,496 | 5.4% | 25 |
| WATSCO INC | [WSO](https://holderbook.com/stocks/WSO/) | $162.3M | 342,412 | 4.9% | 25 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $162.1M | 384,474 | 4.9% | 25 |
| FAIR ISAAC CORP | [FICO](https://holderbook.com/stocks/FICO/) | $141.4M | 71,029 | 4.3% | 25 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $114.8M | 2,001,097 | 3.5% | 25 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $87.7M | 387,849 | 2.6% | 25 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $81.9M | 259,276 | 2.5% | 25 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $70.6M | 134,136 | 2.1% | 25 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $68.3M | 201,062 | 2.1% | 25 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $66.7M | 287,243 | 2.0% | 25 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $63.4M | 782,957 | 1.9% | 25 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $62.7M | 614,980 | 1.9% | 20 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $57.4M | 981,162 | 1.7% | 23 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $53.5M | 769,799 | 1.6% | 18 |
| COGENT COMM HOLDINGS INC | [CCOI](https://holderbook.com/stocks/CCOI/) | $46.0M | 596,821 | 1.4% | 25 |
| FIRSTSERVICE CORP NEW | [FSV](https://holderbook.com/stocks/FSV/) | $45.5M | 251,439 | 1.4% | 23 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $45.2M | 155,967 | 1.4% | 25 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $44.7M | 863,658 | 1.3% | 25 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $43.1M | 196,359 | 1.3% | 25 |
| STERIS PLC | [STE](https://holderbook.com/stocks/STE/) | $41.0M | 199,454 | 1.2% | 24 |
| FERGUSON ENTERPRISES INC | [FERG](https://holderbook.com/stocks/FERG/) | $39.1M | 225,420 | 1.2% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $38.9M | 42,427 | 1.2% | 25 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $37.9M | 165,168 | 1.1% | 25 |
| VERISIGN INC | [VRSN](https://holderbook.com/stocks/VRSN/) | $37.6M | 181,746 | 1.1% | 25 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $36.0M | 74,173 | 1.1% | 25 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $34.1M | 547,686 | 1.0% | 25 |
| NEXSTAR MEDIA GROUP INC | [NXST](https://holderbook.com/stocks/NXST/) | $34.1M | 216,026 | 1.0% | 12 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $33.2M | 89,962 | 1.0% | 7 |
| SMITH A O CORP | [AOS](https://holderbook.com/stocks/AOS/) | $32.8M | 481,513 | 1.0% | 24 |
| HEICO CORP NEW | [HEIA](https://holderbook.com/stocks/HEIA/) | $32.7M | 175,698 | 1.0% | 25 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $31.1M | 83,707 | 0.9% | 25 |
| RYAN SPECIALTY HOLDINGS INC | [RYAN](https://holderbook.com/stocks/RYAN/) | $30.4M | 473,916 | 0.9% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $29.8M | 156,489 | 0.9% | 25 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $29.7M | 25,058 | 0.9% | 10 |
| OLD REP INTL CORP | [ORI](https://holderbook.com/stocks/ORI/) | $28.4M | 785,190 | 0.9% | 12 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $28.0M | 1,054,464 | 0.8% | 25 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $27.9M | 98,118 | 0.8% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $26.8M | 141,507 | 0.8% | 25 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $26.1M | 44,362 | 0.8% | 25 |
| ISHARES TR | [USIG](https://holderbook.com/stocks/USIG/) | $25.4M | 505,032 | 0.8% | 9 |
| EQUIFAX INC | [EFX](https://holderbook.com/stocks/EFX/) | $25.1M | 98,623 | 0.8% | 4 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $25.1M | 270,768 | 0.8% | 2 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $23.2M | 48,996 | 0.7% | 25 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $22.9M | 39,132 | 0.7% | 25 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $22.9M | 395,290 | 0.7% | 9 |
| MORNINGSTAR INC | [MORN](https://holderbook.com/stocks/MORN/) | $22.2M | 65,924 | 0.7% | 2 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $22.2M | 276,929 | 0.7% | 20 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $22.1M | 42,465 | 0.7% | 25 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $21.7M | 118,546 | 0.7% | 25 |
| TYLER TECHNOLOGIES INC | [TYL](https://holderbook.com/stocks/TYL/) | $20.9M | 36,160 | 0.6% | 25 |
| CACI INTL INC | [CACI](https://holderbook.com/stocks/CACI/) | $20.8M | 51,568 | 0.6% | 9 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $19.1M | 49,103 | 0.6% | 25 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $18.9M | 78,707 | 0.6% | 25 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $18.8M | 58,391 | 0.6% | 25 |
| ROLLINS INC | [ROL](https://holderbook.com/stocks/ROL/) | $18.6M | 401,169 | 0.6% | 5 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $18.6M | 30,933 | 0.6% | 10 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $18.2M | 78,476 | 0.5% | 25 |
| WISDOMTREE TR | [DGS](https://holderbook.com/stocks/DGS/) | $17.9M | 366,668 | 0.5% | 25 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $17.9M | 61,872 | 0.5% | 25 |
| GOLDMAN SACHS ETF TR | [GSIE](https://holderbook.com/stocks/GSIE/) | $16.8M | 503,037 | 0.5% | 25 |
| LANDBRIDGE COMPANY LLC | [LB](https://holderbook.com/stocks/LB/) | $15.3M | 236,475 | 0.5% | 1 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $14.2M | 123,508 | 0.4% | 25 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $13.8M | 132,126 | 0.4% | 24 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $12.6M | 27,747 | 0.4% | 25 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $12.5M | 24,446 | 0.4% | 15 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $12.3M | 149,693 | 0.4% | 12 |
| NORDSON CORP | [NDSN](https://holderbook.com/stocks/NDSN/) | $11.8M | 56,428 | 0.4% | 25 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $11.4M | 19,496 | 0.3% | 25 |
| GARTNER INC | [IT](https://holderbook.com/stocks/IT/) | $11.3M | 23,246 | 0.3% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $10.9M | 75,280 | 0.3% | 25 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $10.3M | 19,879 | 0.3% | 25 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $10.2M | 9,915 | 0.3% | 1 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $9.4M | 16,512 | 0.3% | 25 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $9.2M | 54,674 | 0.3% | 25 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $9.2M | 46,801 | 0.3% | 25 |
| METTLER TOLEDO INTERNATIONAL | [MTD](https://holderbook.com/stocks/MTD/) | $9.1M | 7,429 | 0.3% | 5 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $9.1M | 31,048 | 0.3% | 25 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $8.6M | 164,576 | 0.3% | 12 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $8.0M | 80,341 | 0.2% | 25 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $8.0M | 23,821 | 0.2% | 21 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $7.9M | 35,891 | 0.2% | 25 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $7.9M | 17,818 | 0.2% | 25 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $7.8M | 21,609 | 0.2% | 25 |
| CDW CORP | [CDW](https://holderbook.com/stocks/CDW/) | $7.3M | 41,663 | 0.2% | 12 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $7.2M | 39,565 | 0.2% | 10 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.9M | 51,682 | 0.2% | 12 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $6.9M | 95,819 | 0.2% | 25 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $6.8M | 60,177 | 0.2% | 25 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $6.7M | 61,987 | 0.2% | 25 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $6.4M | 134,762 | 0.2% | 12 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $6.1M | 15,228 | 0.2% | 25 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $6.0M | 39,394 | 0.2% | 25 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $5.9M | 32,997 | 0.2% | 25 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $5.6M | 8,977 | 0.2% | 25 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $5.5M | 73,323 | 0.2% | 25 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $5.5M | 38,119 | 0.2% | 25 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $5.4M | 35,966 | 0.2% | 25 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $5.1M | 44,010 | 0.2% | 19 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $5.1M | 4,777 | 0.2% | 10 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $4.7M | 173,627 | 0.1% | 12 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2024 | -1.7% | +2.1% | -3.8% | 100% |
| Q3 2024 | +8.9% | +5.4% | +3.4% | 100% |
| Q2 2024 | +0.5% | +4.0% | -3.5% | 100% |
| Q1 2024 | +6.3% | +10.0% | -3.8% | 100% |
| Q4 2023 | +11.9% | +11.2% | +0.7% | 100% |
| Q3 2023 | -3.5% | -3.6% | +0.1% | 100% |
| Q2 2023 | +8.1% | +8.3% | -0.2% | 100% |
| Q1 2023 | +5.2% | +7.0% | -1.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2024 | $3.3B | 335 |
| Q3 2024 | $3.4B | 327 |
| Q2 2024 | $3.1B | 325 |
| Q1 2024 | $3.1B | 331 |
| Q4 2023 | $3.0B | 313 |
| Q3 2023 | $2.7B | 301 |
| Q2 2023 | $2.8B | 306 |
| Q1 2023 | $2.6B | 308 |
| Q4 2022 | $2.5B | 320 |
| Q3 2022 | $2.3B | 303 |
| Q2 2022 | $2.3B | 285 |
| Q1 2022 | $2.6B | 285 |