# New England Research & Management, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1596077. Source: https://holderbook.com/funds/1596077-new-england-research-management-inc/

- Reported value: $256.9M
- Positions: 134
- Weight of the ten largest: 33.4%
- Filed: 2026-07-09

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 |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $14.6M | 40,825 | 5.7% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $12.0M | 41,639 | 4.7% | 31 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $10.4M | 9,169 | 4.0% | 31 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $10.3M | 14,367 | 4.0% | 26 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $7.6M | 6,497 | 3.0% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.5M | 29,527 | 2.9% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $6.2M | 24,774 | 2.4% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.9M | 15,927 | 2.3% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $5.9M | 123,926 | 2.3% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.3M | 15,495 | 2.1% | 9 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $4.9M | 50,200 | 1.9% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.6M | 9,203 | 1.8% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $4.3M | 11,880 | 1.7% | 15 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $4.3M | 3,556 | 1.7% | 24 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $4.2M | 11,176 | 1.6% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.1M | 17,079 | 1.6% | 16 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $3.7M | 28,277 | 1.4% | 5 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $3.6M | 13,403 | 1.4% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $3.5M | 49,574 | 1.4% | 13 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $3.5M | 27,279 | 1.4% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $3.5M | 12,368 | 1.4% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.4M | 9,620 | 1.3% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $3.0M | 14,450 | 1.2% | 31 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $3.0M | 15,893 | 1.2% | 2 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.9M | 2,916 | 1.1% | 9 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $2.8M | 8,330 | 1.1% | 6 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $2.7M | 31,954 | 1.0% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.7M | 32,796 | 1.0% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $2.7M | 21,070 | 1.0% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $2.5M | 17,388 | 1.0% | 31 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $2.4M | 7,150 | 0.9% | 5 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $2.4M | 48,790 | 0.9% | 27 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.2M | 25,611 | 0.9% | 23 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $2.2M | 3,475 | 0.8% | 3 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $2.2M | 19,688 | 0.8% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.1M | 14,221 | 0.8% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.0M | 6,251 | 0.8% | 9 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $2.0M | 6,455 | 0.8% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.0M | 17,265 | 0.8% | 31 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $2.0M | 31,320 | 0.8% | 2 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $1.9M | 4,303 | 0.8% | 1 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.9M | 21,174 | 0.7% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.9M | 6,969 | 0.7% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $1.9M | 13,452 | 0.7% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.9M | 9,327 | 0.7% | 8 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.9M | 4,961 | 0.7% | 18 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $1.8M | 29,050 | 0.7% | 3 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $1.8M | 17,175 | 0.7% | 1 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $1.8M | 5,325 | 0.7% | 2 |
| PROSPERITY BANCSHARES INC | [PB](https://holderbook.com/stocks/PB/) | $1.7M | 23,475 | 0.7% | 6 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.7M | 12,389 | 0.7% | 31 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $1.6M | 18,698 | 0.6% | 13 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $1.6M | 12,880 | 0.6% | 2 |
| CITIZENS FINL GROUP INC | [CFG](https://holderbook.com/stocks/CFG/) | $1.6M | 22,232 | 0.6% | 21 |
| INGERSOLL RAND INC | [IR](https://holderbook.com/stocks/IR/) | $1.6M | 18,984 | 0.6% | 12 |
| AAR CORP | [AIR](https://holderbook.com/stocks/AIR/) | $1.5M | 10,700 | 0.6% | 12 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $1.5M | 16,325 | 0.6% | 1 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $1.5M | 7,100 | 0.6% | 5 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $1.5M | 13,717 | 0.6% | 3 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.5M | 6,582 | 0.6% | 31 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $1.5M | 15,700 | 0.6% | 1 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $1.3M | 18,461 | 0.5% | 31 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $1.3M | 16,050 | 0.5% | 2 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $1.3M | 2,588 | 0.5% | 10 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $1.3M | 2,575 | 0.5% | 2 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $1.3M | 1,295 | 0.5% | 2 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $1.2M | 20,700 | 0.5% | 1 |
| PENTAIR PLC | [PNR](https://holderbook.com/stocks/PNR/) | $1.2M | 15,225 | 0.5% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.2M | 13,927 | 0.4% | 4 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $1.1M | 4,700 | 0.4% | 1 |
| WASHINGTON TR BANCORP INC | [WASH](https://holderbook.com/stocks/WASH/) | $1.1M | 29,700 | 0.4% | 31 |
| INDEPENDENT BK CORP MASS | [INDB](https://holderbook.com/stocks/INDB/) | $1.1M | 12,730 | 0.4% | 31 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.1M | 9,890 | 0.4% | 31 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $977.1K | 734 | 0.4% | 17 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $930.1K | 30,788 | 0.4% | 24 |
| UNITED THERAPEUTICS CORP DEL | [UTHR](https://holderbook.com/stocks/UTHR/) | $910.3K | 1,680 | 0.4% | 16 |
| MERITAGE HOMES CORP | [MTH](https://holderbook.com/stocks/MTH/) | $820.4K | 9,784 | 0.3% | 2 |
| CLEARWAY ENERGY INC | [CWEN](https://holderbook.com/stocks/CWEN/) | $807.5K | 23,625 | 0.3% | 4 |
| KEYCORP | [KEY](https://holderbook.com/stocks/KEY/) | $781.4K | 33,900 | 0.3% | 3 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $776.8K | 9,975 | 0.3% | 1 |
| MODINE MFG CO | [MOD](https://holderbook.com/stocks/MOD/) | $761.0K | 2,850 | 0.3% | 3 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $759.8K | 8,288 | 0.3% | 31 |
| NORWEGIAN CRUISE LINE HLDGS | [NCLH](https://holderbook.com/stocks/NCLH/) | $756.9K | 35,854 | 0.3% | 4 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $754.2K | 1,770 | 0.3% | 8 |
| MOHAWK INDS INC | [MHK](https://holderbook.com/stocks/MHK/) | $731.0K | 6,025 | 0.3% | 1 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $681.6K | 2,325 | 0.3% | 1 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $673.2K | 3,010 | 0.3% | 22 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $599.9K | 2,675 | 0.2% | 2 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $585.2K | 5,167 | 0.2% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $577.7K | 1,026 | 0.2% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $574.5K | 4,243 | 0.2% | 31 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $574.2K | 6,345 | 0.2% | 12 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $571.7K | 1,325 | 0.2% | 1 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $564.8K | 7,700 | 0.2% | 23 |
| AES CORP | [AES](https://holderbook.com/stocks/AES/) | $552.5K | 37,690 | 0.2% | 3 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $523.1K | 1,800 | 0.2% | 28 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $516.0K | 21,427 | 0.2% | 31 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $502.9K | 4,921 | 0.2% | 31 |
| PATRICK INDS INC | [PATK](https://holderbook.com/stocks/PATK/) | $501.5K | 5,586 | 0.2% | 12 |
| PRIMORIS SVCS CORP | [PRIM](https://holderbook.com/stocks/PRIM/) | $485.7K | 4,900 | 0.2% | 1 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +13.9% | +14.8% | -0.9% | 100% |
| Q1 2026 | -0.7% | -4.6% | +3.9% | 100% |
| Q4 2025 | +2.1% | +2.4% | -0.3% | 99% |
| Q3 2025 | +8.4% | +7.8% | +0.5% | 100% |
| Q2 2025 | +9.0% | +10.5% | -1.4% | 100% |
| Q1 2025 | -4.1% | -4.6% | +0.5% | 100% |
| Q4 2024 | -2.3% | +2.1% | -4.4% | 99% |
| Q3 2024 | +7.0% | +5.4% | +1.6% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $256.9M | 134 |
| Q1 2026 | $236.6M | 143 |
| Q4 2025 | $228.6M | 144 |
| Q3 2025 | $217.7M | 146 |
| Q2 2025 | $210.5M | 147 |
| Q1 2025 | $196.9M | 145 |
| Q4 2024 | $196.5M | 142 |
| Q3 2024 | $213.1M | 157 |
| Q2 2024 | $208.2M | 163 |
| Q1 2024 | $203.8M | 157 |
| Q4 2023 | $188.8M | 154 |
| Q3 2023 | $175.5M | 148 |