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Livermore
Livermore
ZHEN

New England Research & Management, Inc.

SEC CIK
0001596077
Latest filing
Jul 9, 2026

The latest 13F from New England Research & Management, Inc. covers Q2 2026 (filed Jul 9, 2026): 134 long positions worth $256.9M. The top 10 holdings make up 33.4% of the portfolio, and the largest is Alphabet Inc. (GOOGL) at 5.7%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
24
Est. +$17.7M
Added
41
Est. +$27.1M
Reduced
51
Est. −$17.5M
Sold out
33
Est. −$32.0M

Top 5 holdings

Share of this quarter's portfolio value

  1. GOOGLAlphabet Inc.
    5.7%$14.6MHistory
  2. AAPLApple Inc.
    4.7%$12.0MHistory
  3. URIUnited Rentals, Inc.
    4.0%$10.4MHistory
  4. PWRQuanta Services, Inc.
    4.0%$10.3MHistory
  5. GEVGE Vernova Inc.
    3.0%$7.63MHistory

Share of portfolio

Top 5 holdings and the other 129 positions, by share of portfolio value

  1. GOOGL5.7%
  2. AAPL4.7%
  3. URI4.0%
  4. PWR4.0%
  5. GEV3.0%
  6. Other 129 positions78.6%

Biggest buys

New and added positions, by estimated amount bought

  1. AZNAstraZeneca PLC
    +$2.39MAddedHistory
  2. ULTAUlta Beauty, Inc.
    +$1.94MNewHistory
  3. EMREmerson Electric Co
    +$1.84MAddedHistory
  4. REGNRegeneron Pharmaceuticals, Inc.
    +$1.81MAddedHistory
  5. COPConocoPhillips
    +$1.79MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. PWRQuanta Services, Inc.
    +1.20 pp2.8% → 4.0%History
  2. GEVGE Vernova Inc.
    +1.01 pp2.0% → 3.0%History
  3. AZNAstraZeneca PLC
    +0.90 pp0.3% → 1.2%History
  4. ULTAUlta Beauty, Inc.
    +0.76 pp0.0% → 0.8%History
  5. EMREmerson Electric Co
    +0.72 pp0.2% → 1.0%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. COFCapital One Financial Corp
    −$4.77MSold outHistory
  2. UBERUber Technologies, Inc
    −$3.19MSold outHistory
  3. PANWPalo Alto Networks Inc
    −$2.27MSold outHistory
  4. CRWDCrowdStrike Holdings, Inc.
    −$2.23MSold outHistory
  5. URIUnited Rentals, Inc.
    −$2.15MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. COFCapital One Financial Corp
    −2.01 pp2.0% → 0.0%History
  2. UBERUber Technologies, Inc
    −1.35 pp1.3% → 0.0%History
  3. PANWPalo Alto Networks Inc
    −0.96 pp1.0% → 0.0%History
  4. CRWDCrowdStrike Holdings, Inc.
    −0.94 pp0.9% → 0.0%History
  5. DHIHorton D R Inc
    −0.90 pp0.9% → 0.0%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$256.9M
+$20.3M (+8.6%) vs. prior quarter
Positions
134
−9 vs. prior quarter
Top 10 concentration
33.4%
Top 10 as share of value
Turnover
18.2%
Q2 2026, one quarter
Average holding period
15.1 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $256.9M (Q2 2026)

Q1 2021: $182.4MQ2 2021: $193.3MQ3 2021: $190.9MQ4 2021: $206.8MQ1 2022: $192.8MQ2 2022: $171.8MQ3 2022: $158.7MQ4 2022: $174.0MQ1 2023: $170.5MQ2 2023: $172.4MQ3 2023: $175.5MQ4 2023: $188.8MQ1 2024: $203.8MQ2 2024: $208.2MQ3 2024: $213.1MQ4 2024: $196.5MQ1 2025: $196.9MQ2 2025: $210.5MQ3 2025: $217.7MQ4 2025: $228.6MQ1 2026: $236.6MQ2 2026: $256.9M
Q1 2021Q2 2026
13F filings of New England Research & Management, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 9, 2026134$256.9MGOOGLAAPLURIvs. Q1 2026SEC
Q1 2026May 7, 2026143$236.6MGOOGLAAPLURIvs. Q4 2025SEC
Q4 2025Jan 7, 2026144$228.6MGOOGLAAPLMSFTvs. Q3 2025SEC
Q3 2025Oct 6, 2025146$217.7MGOOGLAAPLURIvs. Q2 2025SEC
Q2 2025Jul 9, 2025147$210.5MGOOGLAAPLURIvs. Q1 2025SEC
Q1 2025Apr 16, 2025146$196.9MAAPLGOOGLCHDvs. Q4 2024SEC
Q4 2024Jan 23, 2025143$196.5MAAPLGOOGLCHDvs. Q3 2024SEC
Q3 2024Oct 7, 2024158$213.1MAAPLGOOGLCHDvs. Q2 2024SEC
Q2 2024Jul 9, 2024164$208.2MAAPLGOOGLMSFTvs. Q1 2024SEC
Q1 2024Apr 16, 2024158$203.8MCHDGOOGLMSFTvs. Q4 2023SEC
Q4 2023Feb 6, 2024155$188.8MAAPLCHDMSFTvs. Q3 2023SEC
Q3 2023Oct 10, 2023149$175.5MCHDAAPLGOOGLvs. Q2 2023SEC
Q2 2023Jul 5, 2023133$172.4MCHDAAPLJNJvs. Q1 2023SEC
Q1 2023Apr 6, 2023143$170.5MCHDJNJAAPLvs. Q4 2022SEC
Q4 2022Jan 9, 2023152$174.0MJNJCHDMSFTvs. Q3 2022SEC
Q3 2022Oct 6, 2022157$158.7MJNJCHDMSFTvs. Q2 2022SEC
Q2 2022Jul 20, 2022149$171.8MCHDJNJAAPLvs. Q1 2022SEC
Q1 2022Apr 20, 2022156$192.8MAAPLCHDCSCOvs. Q4 2021SEC
Q4 2021Jan 5, 2022177$206.8MAAPLCHDCSCOvs. Q3 2021SEC
Q3 2021Oct 8, 2021174$190.9MCHDAAPLCSCOvs. Q2 2021SEC
Q2 2021Jul 15, 2021171$193.3MCHDAAPLCSCOvs. Q1 2021SEC
Q1 2021Apr 16, 2021167$182.4MCHDCSCOAAPL–SEC