HEADINVEST, LLC

CIK

1372130

Location

Portland, ME

Portfolio Value

Small $251,823,272

Diversification

Diversified

Filing Date

Global Rank

#3,717 / 8,603 ▼ 78 · as of Mar 2026

Top Industry

Software - Infrastructure 9.8%

3Y Alpha vs SPY

-10.5%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+33.7%

SPY

+76.0%

Annualised alpha

-10.6%

Max drawdown

−17.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

134 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.3%

−1.6 pts

Top 5

21.1%

−1.5 pts

Top 10

33.7%

−2.4 pts

HHI

208

Diversified−23

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.2%	$71,024,794	29
Healthcare	15.3%	$38,445,968	22
Consumer Defensive	10.4%	$26,102,205	10
Financial Services	9.7%	$24,394,807	15
Industrials	8.7%	$21,853,094	17
Energy	5.7%	$14,415,486	9
Unclassified	5.6%	$14,057,615	4
Communication Services	5.6%	$14,056,447	4
Basic Materials	4.9%	$12,354,636	7
Consumer Cyclical	4.7%	$11,953,115	11
Utilities	1.1%	$2,699,607	4
Real Estate	0.2%	$465,498	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
MOS	Mosaic Co	+6,000	30,000	$765,000
BA	Boeing Co	+2,087	3,501	$696,804
GLD	Spdr Gold Trust	+1,635	21,404	$9,209,927
AVGO	Broadcom Inc.	+1,592	6,079	$1,881,511
DASH	DoorDash, Inc.	+535	1,575	$236,486
PANW	Palo Alto Networks Inc	+520	11,082	$1,776,666
NEE	Nextera Energy Inc	+456	15,582	$1,447,256
TJX	Tjx Companies Inc /De/	+395	18,555	$2,963,233
META	Meta Platforms, Inc.	+363	2,057	$1,176,871
CVX	Chevron Corp	+358	26,859	$5,557,127
KO	Coca Cola Co	+327	13,400	$1,019,070
IBM	International Business Machines Corp	+175	5,106	$1,237,643
MCD	Mcdonalds Corp	+162	5,138	$1,596,839
BAC	Bank Of America Corp /De/	+150	13,092	$638,235
RTX	RTX Corp	+148	5,583	$1,076,960
UBER	Uber Technologies, Inc	+125	22,182	$1,595,551
CDNS	Cadence Design Systems Inc	+75	2,707	$752,194
RSG	Republic Services, Inc.	+75	4,036	$883,964
LLY	ELI LILLY & Co	+73	1,560	$1,434,841
JNJ	Johnson & Johnson	+68	7,013	$1,714,257
HD	Home Depot, Inc.	+66	2,347	$771,904
QCOM	Qualcomm Inc/De	+65	2,339	$301,216
GE	General Electric Co	+65	3,578	$1,015,329
COST	Costco Wholesale Corp /New	+61	709	$706,468
SYK	Stryker Corp	+61	1,483	$487,298
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVO	Novo Nordisk A S	−12,680	93,068	$3,420,249
GBTC	Grayscale Bitcoin Trust ETF	−12,500	12,500	$659,500
FISV	Fiserv Inc	−7,047	47,948	$2,675,498
HOLX	HOLOGIC INC	−2,450	15,540	$1,174,668
KVUE	Kenvue Inc.	−2,445	19,585	$337,645
PFE	Pfizer Inc	−2,387	10,398	$291,975
UL	Unilever PLC	−2,369	66,067	$3,763,836
BX	Blackstone Inc.	−2,302	2,302	$264,706
AAPL	Apple Inc.	−2,287	26,020	$6,603,615
WMT	Walmart Inc.	−2,244	67,850	$8,432,398
MSFT	Microsoft Corp	−2,163	42,559	$15,754,065
BMY	Bristol Myers Squibb Co	−1,862	7,286	$441,895
MRK	Merck & Co., Inc.	−1,722	14,276	$1,717,260
AMZN	Amazon Com Inc	−1,628	23,017	$4,793,750
MDLZ	Mondelez International, Inc.	−1,519	13,223	$762,173
CSCO	Cisco Systems, Inc.	−1,516	71,657	$5,559,866
GOOGL	Alphabet Inc.	−1,401	41,208	$11,849,772
EMR	Emerson Electric Co	−1,389	51,602	$6,760,894
ADBE	Adobe Inc.	−1,171	2,885	$701,285
BRK-B	Berkshire Hathaway Inc	−1,120	3,959	$1,897,152
AXP	American Express Co	−1,033	26,181	$7,919,228
KMI	Kinder Morgan, Inc.	−990	121,677	$4,079,829
ACN	Accenture plc	−964	27,654	$5,483,511
V	Visa Inc.	−873	4,226	$1,277,266
ORCL	Oracle Corp	−711	33,748	$4,964,668
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
NFLX	Netflix Inc	4,830	$464,404
SOLS	Solstice Advanced Materials Inc.	3,624	$276,003
ORLY	O Reilly Automotive Inc	2,460	$227,082
SHEL	Shell plc	2,290	$212,970
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
TBBB	Bbb Foods Inc	11,000	$367,290
CRM	Salesforce, Inc.	1,187	$314,448
WM	Waste Management Inc	1,012	$222,346
MICC	Magnum Ice Cream Co N.V.	13,350	$211,597
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

134 positions · $251,823,272 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 134 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	42,559	-2,163	$15,754,065	−27.2%	6.26%
GOOGL	Alphabet Inc. Communication Services	Reduced	41,208	-1,401	$11,849,772	−11.1%	4.71%
GLD	Spdr Gold Trust	Added	21,404	+1,635	$9,209,927	+17.6%	3.66%
WMT	Walmart Inc. Consumer Defensive	Reduced	67,850	-2,244	$8,432,398	+8.0%	3.35%
AXP	American Express Co Financial Services	Reduced	26,181	-1,033	$7,919,228	−21.3%	3.14%
EMR	Emerson Electric Co Industrials	Reduced	51,602	-1,389	$6,760,894	−3.9%	2.68%
AAPL	Apple Inc. Technology	Reduced	26,020	-2,287	$6,603,615	−14.2%	2.62%
LIN	Linde PLC Basic Materials	Reduced	12,622	-396	$6,257,482	+12.7%	2.48%
INTU	Intuit Inc. Technology	Reduced	14,201	-249	$6,140,228	−35.9%	2.44%
DHR	Danaher Corp /De/ Healthcare	Reduced	31,360	-360	$5,945,856	−18.1%	2.36%
TXN	Texas Instruments Inc Technology	Reduced	28,927	-350	$5,615,887	+10.6%	2.23%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	18,972	-187	$5,580,803	−9.6%	2.22%
CSCO	Cisco Systems, Inc. Technology	Reduced	71,657	-1,516	$5,559,866	−1.4%	2.21%
CVX	Chevron Corp Energy	Added	26,859	+358	$5,557,127	+37.6%	2.21%
ACN	Accenture plc Technology	Reduced	27,654	-964	$5,483,511	−28.6%	2.18%
PEP	Pepsico Inc Consumer Defensive	Reduced	34,681	-655	$5,385,612	+6.2%	2.14%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	36,403	-48	$5,258,049	+0.7%	2.09%
WAT	Waters Corp /De/ Healthcare	Reduced	16,970	-374	$5,053,666	−23.3%	2.01%
ORCL	Oracle Corp Technology	Reduced	33,748	-711	$4,964,668	−26.1%	1.97%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	23,017	-1,628	$4,793,750	−15.7%	1.90%
NVDA	Nvidia Corp Technology	Reduced	26,383	-170	$4,601,195	−7.1%	1.83%
MDT	Medtronic plc Healthcare	Reduced	48,230	-202	$4,179,129	−10.2%	1.66%
KMI	Kinder Morgan, Inc. Energy	Reduced	121,677	-990	$4,079,829	+21.0%	1.62%
IDXX	Idexx Laboratories Inc /De Healthcare	Reduced	6,708	-133	$3,769,158	−18.6%	1.50%
UL	Unilever PLC Consumer Defensive	Reduced	66,067	-2,369	$3,763,836	−15.9%	1.49%
NVO	Novo Nordisk A S Healthcare	Reduced	93,068	-12,680	$3,420,249	−36.4%	1.36%
HON	Honeywell International Inc Industrials	Reduced	13,406	-50	$3,177,932	+15.4%	1.26%
ECL	Ecolab Inc. Basic Materials	Reduced	11,849	-350	$3,152,070	−1.6%	1.25%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	18,555	+395	$2,963,233	+6.2%	1.18%
ETN	Eaton Corp plc Industrials	Reduced	8,063	-55	$2,883,893	+11.5%	1.15%
FISV	Fiserv Inc	Reduced	47,948	-7,047	$2,675,498	−27.6%	1.06%
MA	Mastercard Inc Financial Services	Reduced	4,810	-37	$2,403,364	−13.1%	0.95%
NVS	Novartis AG Healthcare	Reduced	15,725	-607	$2,401,993	+6.7%	0.95%
ABBV	AbbVie Inc. Healthcare	Reduced	9,245	-287	$2,010,695	−7.7%	0.80%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	3,959	-1,120	$1,897,152	−25.7%	0.75%
AVGO	Broadcom Inc. Technology	Added	6,079	+1,592	$1,881,511	+21.2%	0.75%
PANW	Palo Alto Networks Inc Technology	Added	11,082	+520	$1,776,666	−8.7%	0.71%
MRK	Merck & Co., Inc. Healthcare	Reduced	14,276	-1,722	$1,717,260	+2.0%	0.68%
JNJ	Johnson & Johnson Healthcare	Added	7,013	+68	$1,714,257	+19.3%	0.68%
FTV	Fortive Corp Technology	Reduced	29,419	-475	$1,626,282	−1.5%	0.65%
MCD	Mcdonalds Corp Consumer Cyclical	Added	5,138	+162	$1,596,839	+5.0%	0.63%
UBER	Uber Technologies, Inc Technology	Added	22,182	+125	$1,595,551	−11.5%	0.63%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,326	-20	$1,512,690	−5.4%	0.60%
DVN	Devon Energy Corp/De Energy	Held	29,170	0	$1,467,834	+37.4%	0.58%
NEE	Nextera Energy Inc Utilities	Added	15,582	+456	$1,447,256	+19.2%	0.57%
LLY	ELI LILLY & Co Healthcare	Added	1,560	+73	$1,434,841	−10.2%	0.57%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	8,654	-91	$1,361,101	−3.9%	0.54%
V	Visa Inc. Financial Services	Reduced	4,226	-873	$1,277,266	−28.6%	0.51%
IBM	International Business Machines Corp Technology	Added	5,106	+175	$1,237,643	−15.3%	0.49%
META	Meta Platforms, Inc. Communication Services	Added	2,057	+363	$1,176,871	+5.2%	0.47%