Baldwin Investment Management, LLC Buys Vanguard Total Stock Market ETF, Fortive Corp, Vanguard Total International Stock, Sells Insperity Inc, Whirlpool Corp, Skyworks Solutions Inc

• New Purchases: VTI, WSM, VXUS, DELL, MGA, SPG, QQQ, AWK, VNQ, HSBC, ON, PH, CHWY, SCHE, SJM, TSCO,
• Added Positions: FTV, DIS, SCHD, RSP, MCK, SCHA, V, CAT, PXD, GXO, VIG, ETN, GLW, ACCD, VRTX, TXN, TER, SO, VIAC, BLK, MRVL, CBT, IBM, COST, LLY, LHX, GMED, VBR, COF, CSCO, SRAD, EPD, GNRC, VMC, HON, IBN, MS, SPGI, GMRE, IQV, FCX, SPOT, TJX, J, SHW, SCHF, RYAAY,
• Reduced Positions: WHR, SWKS, PYPL, BMY, MTD, LMT, LAZ, GILD, FIS, FISV, TSM, VZ, JPM, INFY, LDOS, MSFT, PGR, JNJ, PLD, NUE, MMM, INTC, IXN, CUBI, CMI, PDI, SHOP, RL, SEIC, XPO, IAC, CRWD, SWK, CTVA, TROW, UNP, UNH, GM, WM, ICE, CL, BAX, ADP, PG, HD, AMGN, ITW, TT, APD, LOW, MDT, NVDA, NVO, PEP, FSLR, IYW, GII, SCHB, SDY, BA, CHKP, VEU, DLR, FDS, KKR, PM, BEP, XLNX, XEL, LH, MRK, PFE, RPM, QCOM,
• Sold Out: NSP, FB, EXAS, HSY, CRM, BABA, ALLE, IMNM, XP, KD,

For the details of Baldwin Investment Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/baldwin+investment+management%2C+llc/current-portfolio/portfolio

1. Berkshire Hathaway Inc (BRK.A) - 573 shares, 40.75% of the total portfolio.
2. Apple Inc (AAPL) - 92,908 shares, 2.60% of the total portfolio. Shares reduced by 0.54%
3. Microsoft Corp (MSFT) - 41,555 shares, 2.21% of the total portfolio. Shares reduced by 1.38%
4. JPMorgan Chase & Co (JPM) - 51,274 shares, 1.28% of the total portfolio. Shares reduced by 2.18%
5. Lam Research Corp (LRCX) - 10,340 shares, 1.17% of the total portfolio. Shares added by 0.86%

Baldwin Investment Management, LLC initiated holding in Vanguard Total Stock Market ETF. The purchase prices were between $220.94 and $242.96, with an estimated average price of $235.47. The stock is now traded at around $221.140000. The impact to a portfolio due to this purchase was 0.19%. The holding were 5,052 shares as of 2021-12-31.

Baldwin Investment Management, LLC initiated holding in Vanguard Total International Stock. The purchase prices were between $61.08 and $65.1, with an estimated average price of $63.41. The stock is now traded at around $61.930000. The impact to a portfolio due to this purchase was 0.16%. The holding were 16,291 shares as of 2021-12-31.

Baldwin Investment Management, LLC initiated holding in Williams-Sonoma Inc. The purchase prices were between $162.55 and $221.63, with an estimated average price of $186.57. The stock is now traded at around $142.580000. The impact to a portfolio due to this purchase was 0.16%. The holding were 6,077 shares as of 2021-12-31.

Baldwin Investment Management, LLC initiated holding in Dell Technologies Inc. The purchase prices were between $52.45 and $58.91, with an estimated average price of $55.78. The stock is now traded at around $59.260000. The impact to a portfolio due to this purchase was 0.14%. The holding were 16,050 shares as of 2021-12-31.

Baldwin Investment Management, LLC initiated holding in Magna International Inc. The purchase prices were between $75.2 and $88.55, with an estimated average price of $81.42. The stock is now traded at around $78.230000. The impact to a portfolio due to this purchase was 0.13%. The holding were 10,125 shares as of 2021-12-31.

Baldwin Investment Management, LLC initiated holding in Simon Property Group Inc. The purchase prices were between $131.39 and $170.5, with an estimated average price of $153.23. The stock is now traded at around $143.670000. The impact to a portfolio due to this purchase was 0.11%. The holding were 4,350 shares as of 2021-12-31.

Baldwin Investment Management, LLC added to a holding in Fortive Corp by 59.49%. The purchase prices were between $69.95 and $79.13, with an estimated average price of $75.09. The stock is now traded at around $63.330000. The impact to a portfolio due to this purchase was 0.17%. The holding were 30,433 shares as of 2021-12-31.

Baldwin Investment Management, LLC added to a holding in The Walt Disney Co by 40.65%. The purchase prices were between $142.15 and $177.71, with an estimated average price of $161. The stock is now traded at around $152.910000. The impact to a portfolio due to this purchase was 0.1%. The holding were 14,151 shares as of 2021-12-31.

Baldwin Investment Management, LLC added to a holding in Schwab US Dividend Equity ETF by 51.70%. The purchase prices were between $74.34 and $80.86, with an estimated average price of $77.53. The stock is now traded at around $77.260000. The impact to a portfolio due to this purchase was 0.08%. The holding were 17,766 shares as of 2021-12-31.

Baldwin Investment Management, LLC added to a holding in Invesco S&P 500 Equal Weight ETF by 35.83%. The purchase prices were between $150.44 and $163.01, with an estimated average price of $157.71. The stock is now traded at around $154.130000. The impact to a portfolio due to this purchase was 0.07%. The holding were 11,024 shares as of 2021-12-31.

Baldwin Investment Management, LLC added to a holding in Schwab U.S. Small-Cap ETF by 167.23%. The purchase prices were between $97.28 and $109.61, with an estimated average price of $103.15. The stock is now traded at around $93.470000. The impact to a portfolio due to this purchase was 0.06%. The holding were 6,272 shares as of 2021-12-31.

Baldwin Investment Management, LLC added to a holding in McKesson Corp by 66.15%. The purchase prices were between $198.21 and $248.9, with an estimated average price of $220.27. The stock is now traded at around $273.250000. The impact to a portfolio due to this purchase was 0.06%. The holding were 3,765 shares as of 2021-12-31.

Baldwin Investment Management, LLC sold out a holding in Insperity Inc. The sale prices were between $109.1 and $129.2, with an estimated average price of $118.17.

Baldwin Investment Management, LLC sold out a holding in Meta Platforms Inc. The sale prices were between $306.84 and $347.56, with an estimated average price of $332.02.

Baldwin Investment Management, LLC sold out a holding in Exact Sciences Corp. The sale prices were between $72.5 and $100.68, with an estimated average price of $87.97.

Baldwin Investment Management, LLC sold out a holding in Salesforce.com Inc. The sale prices were between $247.21 and $309.96, with an estimated average price of $280.77.

Baldwin Investment Management, LLC sold out a holding in Alibaba Group Holding Ltd. The sale prices were between $111.96 and $177.7, with an estimated average price of $145.1.

Baldwin Investment Management, LLC sold out a holding in The Hershey Co. The sale prices were between $171.56 and $193.47, with an estimated average price of $181.34.