Chairman

0001346378-20-000003.txt : 20200727 0001346378-20-000003.hdr.sgml : 20200727 20200727150057 ACCESSION NUMBER: 0001346378-20-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200630 FILED AS OF DATE: 20200727 DATE AS OF CHANGE: 20200727 EFFECTIVENESS DATE: 20200727 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baldwin Investment Management, LLC CENTRAL INDEX KEY: 0001346378 IRS NUMBER: 233004562 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11586 FILM NUMBER: 201050262 BUSINESS ADDRESS: STREET 1: 100 FOUR FALLS CORPORATE CENTER STREET 2: SUITE 202 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428 BUSINESS PHONE: 610-260-1555 MAIL ADDRESS: STREET 1: 100 FOUR FALLS CORPORATE CENTER STREET 2: SUITE 202 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001346378 XXXXXXXX 06-30-2020 06-30-2020 Baldwin Investment Management, LLC

100 FOUR FALLS CORPORATE CENTER SUITE 202 WEST CONSHOHOCKEN PA 19428

13F HOLDINGS REPORT 028-11586 N Peter H Havens Chairman 610-260-0453 Peter H Havens W. Conshohocken PA 07-27-2020 0 152 318521 false INFORMATION TABLE 2 form13fsubmission-June20.xml 3M Company Common Stock 88579Y101 841 5392 SH SOLE 3892 0 1500 Abbott Laboratories Common Stock 002824100 1896 20733 SH SOLE 20333 0 400 Abbvie Inc Common Stock 00287Y109 2822 28744 SH SOLE 18294 0 10450 Accenture Plc Common Stock G1151C101 2564 11941 SH SOLE 11540 0 401 Adobe Inc Common Stock 00724f101 3789 8703 SH SOLE 8303 0 400 Air Products & Chemicals - APD Common Stock 009158106 676 2800 SH SOLE 0 0 2800 Allegion Public Ltd. - ALLE Common Stock G0176J109 230 2250 SH SOLE 0 0 2250 Alphabet Inc Class A Common Stock 02079K305 1780 1255 SH SOLE 1245 0 10 Alphabet Inc Class C Common Stock 02079K107 1279 905 SH SOLE 895 0 10 Amazon.com Inc Common Stock 023135106 4373 1585 SH SOLE 1585 0 0 American Tower REIT Common Stock 03027X100 2411 9325 SH SOLE 9225 0 100 Apple Computer Inc Common Stock 037833100 7586 20794 SH SOLE 17292 0 3502 AstraZeneca PLC ADR 046353108 315 5956 SH SOLE 256 0 5700 AT&T Inc Common Stock 00206R102 470 15547 SH SOLE 9697 0 5850 Autodesk Inc Common Stock 052769106 2303 9628 SH SOLE 9628 0 0 Automatic Data Processing Inc Common Stock 053015103 417 2800 SH SOLE 350 0 2450 Bank of America Corp. - BAC Common Stock 060505104 559 23550 SH SOLE 0 0 23550 Baxter International Inc. Common Stock 071813109 429 4978 SH SOLE 578 0 4400 Berkshire Hathaway Cl A CL A 084670108 156103 584 SH SOLE 584 0 0 Berkshire Hathaway Cl B CL B 084670207 2525 14143 SH SOLE 7848 0 6295 Blackrock Inc Common Stock 09247X101 2220 4080 SH SOLE 3480 0 600 Blackstone Group Inc PRTNRSP UNITS 09260D107 816 14400 SH SOLE 14400 0 0 Boeing Co Common Stock 097023105 541 2950 SH SOLE 100 0 2850 Bristol-Myers Squibb Co Common Stock 110122108 2316 39386 SH SOLE 26511 0 12875 Broadcom Limited Common Stock Y09827109 1944 6159 SH SOLE 6159 0 0 Brookfield Renewable Partners LP PRTNRSP UNITS G16258108 893 18653 SH SOLE 18653 0 0 Canadian Pac Ltd Common Stock 13645T100 215 842 SH SOLE 842 0 0 Capital One Financial Common Stock 14040H105 917 14645 SH SOLE 12445 0 2200 Carrier Global Corp Common Stock 14448C104 308 13857 SH SOLE 1357 0 12500 Caterpillar Inc. - CAT Common Stock 149123101 506 4000 SH SOLE 0 0 4000 Celanese Corp Common Stock 150870103 272 3150 SH SOLE 3150 0 0 CH Robinson Worldwide Inc Common Stock 12541W209 202 2550 SH SOLE 2550 0 0 Check Point Software Technologies Common Stock M22465104 548 5105 SH SOLE 5105 0 0 Chevron Corp. Common Stock 166764100 374 4191 SH SOLE 2791 0 1400 Chubb Corp. Common Stock 171232101 450 3550 SH SOLE 3550 0 0 Cigna Corporation Common Stock 125509109 263 1400 SH SOLE 1400 0 0 Clorox Co. - CLX Common Stock 189054109 346 1575 SH SOLE 0 0 1575 Coca Cola Co. Common Stock 191216100 284 6350 SH SOLE 3000 0 3350 Colgate Palmolive Co Common Stock 194162103 603 8230 SH SOLE 5530 0 2700 Comcast Corp Common Stock 200300101 1251 32100 SH SOLE 32100 0 0 Constellation Brands Inc Common Stock 21036P108 1100 6290 SH SOLE 6290 0 0 Consumer Staples Sector SPDR Fund SPDR ETF 81369Y308 229 3900 SH SOLE 3900 0 0 Corteva Inc. - CTVA Common Stock 22052L104 244 9100 SH SOLE 0 0 9100 Costco Wholesale Corporation Common Stock 22160K105 2772 9141 SH SOLE 8841 0 300 Customers Bancorp Inc Common Stock 23204G100 693 57677 SH SOLE 57677 0 0 CVS Corp Common Stock 126650100 1300 20005 SH SOLE 9405 0 10600 Danaher Corp Common Stock 235851102 3019 17075 SH SOLE 15975 0 1100 Dominion Energy Inc Common Stock 25746U109 434 5350 SH SOLE 4950 0 400 Duke Energy Corp. Common Stock 26441C105 307 3848 SH SOLE 1749 0 2099 Enterprise Products Partners Unit Ltd Partn 293792107 2917 160516 SH SOLE 151031 0 9485 Enviva Partners LP Unit Ltd Partn 29414J107 1495 41475 SH SOLE 39375 0 2100 Exxon Mobil Corporation Common Stock 30231G102 1050 23490 SH SOLE 15840 0 7650 Facebook Inc Common Stock 30303M102 221 975 SH SOLE 825 0 150 FedEx Corp Common Stock 31428X106 451 3215 SH SOLE 3215 0 0 Financial Select Sector SPDR Fund SPDR ETF 81369Y605 224 9695 SH SOLE 2400 0 7295 Fiserv Inc. - FISV Common Stock 337738108 2815 28836 SH SOLE 0 0 28836 Foot Locker Inc. - FL Common Stock 344849104 270 9250 SH SOLE 0 0 9250 Fortive Corp Common Stock 34959J108 1389 20526 SH SOLE 20526 0 0 Gilead Sciences Inc. - GILD Common Stock 375558103 566 7350 SH SOLE 0 0 7350 Goldman Sachs Group Inc Common Stock 38141G104 1480 7491 SH SOLE 4041 0 3450 Hershey Co. - HSY Common Stock 427866108 246 1900 SH SOLE 0 0 1900 Home Depot Inc Common Stock 437076102 1339 5345 SH SOLE 3645 0 1700 Honeywell Int'l Inc. - HON Common Stock 438516106 354 2450 SH SOLE 0 0 2450 Iac/Interactive Corp Common Stock 44919P508 686 2122 SH SOLE 2122 0 0 Icahn Enterprises LP - IEP Common Stock 451100101 354 7300 SH SOLE 0 0 7300 Icici Bank Ltd Adr ADR 45104G104 627 67472 SH SOLE 67472 0 0 Illinois Tool Works - ITW Common Stock 452308109 297 1700 SH SOLE 0 0 1700 Infosys Technologies Ltd Sponsored ADR 456788108 931 96370 SH SOLE 73370 0 23000 Insperity Inc. - NSP Common Stock 45778Q107 887 13700 SH SOLE 0 0 13700 Intel Corp Common Stock 458140100 1260 21068 SH SOLE 3968 0 17100 Intercontinental Exchange Common Stock 45866F104 1702 18580 SH SOLE 5045 0 13535 International Business Machines Corp Common Stock 459200101 342 2829 SH SOLE 1229 0 1600 iShares Global Tech - IXN iShares ETF 464287291 389 1650 SH SOLE 0 0 1650 iShares NASDAQ Biotechnology Index Fun iShares ETF 464287556 547 4005 SH SOLE 1365 0 2640 iShares S&P Smallcap 600 S&P Smlcap 600 464287804 1544 22605 SH SOLE 20105 0 2500 iShares TIPS Bond Fund Barclys TIPS BD 464287176 658 5350 SH SOLE 5350 0 0 Itau UniBanco Multiplo ADR SPONS ADR 465562106 338 72048 SH SOLE 72048 0 0 J.P. Morgan Chase & Co Common Stock 46625H100 2957 31441 SH SOLE 20591 0 10850 Johnson & Johnson Common Stock 478160104 1447 10286 SH SOLE 4035 0 6251 Lam Research Corporation Common Stock 512807108 2604 8050 SH SOLE 8050 0 0 Las Vegas Sands Corp Common Stock 517834107 309 6779 SH SOLE 6779 0 0 Lazard Ltd. LP - LAZ Common Stock G54050102 415 14500 SH SOLE 0 0 14500 Linde PLC SPONS ADR G5494J103 1045 4925 SH SOLE 4925 0 0 Lowes Companies Inc Common Stock 548661107 1588 11751 SH SOLE 11751 0 0 Mastercard Inc Common Stock 57636Q104 621 2100 SH SOLE 1900 0 200 Mc Cormick & Co Inc N-Vt Common Stock 579780206 466 2600 SH SOLE 2600 0 0 McDonalds Corp. Common Stock 580135101 357 1933 SH SOLE 133 0 1800 Merck & Co Inc Common Stock 58933Y105 425 5500 SH SOLE 1600 0 3900 Mettler Toledo Intl Inc Common Stock 592688105 2898 3597 SH SOLE 3597 0 0 Microsoft Corp. Common Stock 594918104 5793 28465 SH SOLE 4865 0 23600 Mondelez Intl Inc Cl A Common Stock 609207105 1095 21419 SH SOLE 20019 0 1400 Nextera Energy Inc. Common Stock 65339F101 948 3949 SH SOLE 3949 0 0 Nike Inc Common Stock 654106103 2641 26938 SH SOLE 26938 0 0 Novo Nordisk ADR 670100205 895 13668 SH SOLE 8568 0 5100 Nvidia Corp Common Stock 67066G104 2527 6652 SH SOLE 6452 0 200 NXP Semiconductors N.V. Common Stock N6596X109 532 4665 SH SOLE 4665 0 0 Otis Worldwide Corp Common Stock 68902V107 303 5328 SH SOLE 328 0 5000 Paccar Inc. - PCAR Common Stock 693718108 232 3100 SH SOLE 0 0 3100 Pepsico Inc. Common Stock 713448108 709 5360 SH SOLE 2375 0 2985 Pfizer Inc. Common Stock 717081103 235 7178 SH SOLE 928 0 6250 PIMCO Dynamic Income Fund - PDI PIMCO ETF 72201Y101 353 14300 SH SOLE 0 0 14300 PNC Financial Services Group Inc Common Stock 693475105 687 6526 SH SOLE 5226 0 1300 PPG Industries Inc Common Stock 693506107 350 3300 SH SOLE 100 0 3200 Price, T. Rowe Group - TROW Common Stock 74144T108 976 7900 SH SOLE 0 0 7900 Procter & Gamble Co. Common Stock 742718109 971 8122 SH SOLE 3097 0 5025 Progressive Corp Common Stock 743315103 431 5375 SH SOLE 5375 0 0 Prologis Inc New Common Stock 74340W103 236 2531 SH SOLE 2531 0 0 Qorvo Inc. - QRVO Common Stock 74736K101 613 5550 SH SOLE 0 0 5550 Ralph Lauren Corp. Cl A - RL Common Stock 751212101 247 3400 SH SOLE 0 0 3400 Raytheon Technologies Common Stock 75513E101 1629 26444 SH SOLE 17044 0 9400 Royal Dutch Shell A Adrf ADR 780259206 568 17267 SH SOLE 14467 0 2800 Royal Dutch Shell PLC Class B ADR 780259107 245 8030 SH SOLE 8030 0 0 RyanAir Holdings PLC ADR 783513203 630 9500 SH SOLE 9500 0 0 Rydex S&P Equal Weight ETF S&P 500 Eq TRD 78355W106 644 6327 SH SOLE 6327 0 0 S&P DEP Receipts Unit SER 1 78462F103 2709 8785 SH SOLE 2635 0 6150 Sarepta Therapeutics Inc. - SRPT Common Stock 803607100 449 2800 SH SOLE 0 0 2800 Schwab US Div Equity ETF Schwab ETF 808524797 471 9099 SH SOLE 659 0 8440 SEI Investments Co. - SEIC Common Stock 784117103 851 15480 SH SOLE 0 0 15480 Shopify Inc Common Stock 82509L107 1337 1409 SH SOLE 1409 0 0 SPDR Gold Trust SPDR ETF 78463V107 268 1600 SH SOLE 1100 0 500 Stanley Black & Decker - SWK Common Stock 854502101 453 3250 SH SOLE 0 0 3250 Starbucks Corp Common Stock 855244109 2409 32730 SH SOLE 32730 0 0 Taiwan Semiconductor MFG Co LTD SPON A Sponsored ADR 874039100 1096 19304 SH SOLE 19304 0 0 Takeda Pharmaceutical Co. Ltd. - TAK Common Stock 874060205 727 40567 SH SOLE 0 0 40567 TAL Education Group ADS Repstg Com 874080104 2003 29287 SH SOLE 29287 0 0 Tata Motors LTD Sponsored ADR 876568502 163 24858 SH SOLE 24858 0 0 Technology Select Sector SPDR Fund SPDR ETF 81369Y803 718 6875 SH SOLE 1400 0 5475 Teekay LNG Prtns PRTNRSP UNITS Y8564M105 325 27908 SH SOLE 27908 0 0 Texas Pacific Land Trust - TPL Common Stock 882610108 595 1000 SH SOLE 0 0 1000 Textron Incorporated Common Stock 883203101 230 7000 SH SOLE 7000 0 0 Thermo Fisher Scientific Common Stock 883556102 2475 6830 SH SOLE 6630 0 200 Trane Technologies - TT Common Stock G8994E103 338 3800 SH SOLE 0 0 3800 Trip.com Group Ltd ADR 89677Q107 231 8899 SH SOLE 8899 0 0 Ulta Beauty Inc. Common Stock 90384S303 608 2990 SH SOLE 2890 0 100 Union Pacific Corp Common Stock 907818108 1771 10476 SH SOLE 9976 0 500 UnitedHealth Group Inc Common Stock 91324P102 820 2780 SH SOLE 2180 0 600 Vanguard Dividend Appreciation - VIG Vang ETF 921908844 567 4835 SH SOLE 0 0 4835 Vanguard FTSE Dev Mkts ETF Vang ETF 921943858 340 8760 SH SOLE 2500 0 6260 Vanguard Mid-Cap ETF Vang ETF 922908629 486 2963 SH SOLE 798 0 2165 Vanguard Mid-Cap Growth - VOT Vang ETF 922908538 1024 6205 SH SOLE 0 0 6205 Vanguard Mid-Cap Value - VOE Vang ETF 922908512 643 6715 SH SOLE 0 0 6715 Vanguard Small Cap Equity ETF Vang ETF 922908751 240 1644 SH SOLE 294 0 1350 Vanguard Small-Cap Value - VBR Vang ETF 922908611 233 2175 SH SOLE 0 0 2175 Verizon Communications Common Stock 92343V104 1040 18856 SH SOLE 10756 0 8100 Visa Inc. Common Stock 92826C839 3285 17006 SH SOLE 16806 0 200 Vulcan Materials - VMC Common Stock 929160109 1036 8945 SH SOLE 0 0 8945 Wal-Mart Stores Inc. Common Stock 931142103 240 2000 SH SOLE 1200 0 800 WEC Energy Corp Common Stock 92939U106 245 2800 SH SOLE 2800 0 0 XPO Logistics Common Stock 983793100 278 3605 SH SOLE 3605 0 0 Yum China Holdings Inc Common Stock 98850P109 470 9785 SH SOLE 7685 0 2100 Yum! Brands Inc Common Stock 988498101 852 9805 SH SOLE 7605 0 2200 Zoetis Inc Common Stock 98978V103 2759 20133 SH SOLE 16933 0 3200