HEADINVEST, LLC

Portfolio Overview

HEADINVEST, LLC disclosed 225 positions worth $487.5M in its Form 13F-HR for Q1 2026, followed by $MSFT. During the quarter the fund opened 9 new positions and exited 4 and a full exit from $TBBB. The portfolio is most concentrated in Other (44.1% of disclosed assets). All figures are sourced directly from HEADINVEST, LLC’s Form 13F-HR filing with the SEC under CIK 1372130.

• ISHARES TR

  —

  Quality

  $28.5M228,909 sh
• 

  MICROSOFT CORP

  $MSFT

  83.7#15

  Quality

  $15.8M42,559 sh

• VANGUARD WHITEHALL FDS

  —

  Quality

  $15.2M102,373 sh

• VANGUARD INDEX FDS

  —

  Quality

  $14.6M45,460 sh

• VANGUARD INDEX FDS

  —

  Quality

  $14.1M47,198 sh
• 

  Alphabet Inc.

  $GOOG

  80.2

  Quality

  $11.8M41,208 sh

• VANGUARD TAX-MANAGED FDS

  —

  Quality

  $11.5M178,899 sh

• JANUS DETROIT STR TR

  —

  Quality

  $10.6M210,500 sh
• 

  Meta Platforms, Inc.

  $META

  80.9

  Quality

  $10.3M130,893 sh
• 

  SPDR GOLD TRUST

  $GLD

  —

  Quality

  $9.2M21,404 sh

Company	Quality	Value	Shares
ISHARES TR	—	$28.5M	228,909
MICROSOFT CORP$MSFT	83.7#15	$15.8M	42,559
VANGUARD WHITEHALL FDS	—	$15.2M	102,373
VANGUARD INDEX FDS	—	$14.6M	45,460
VANGUARD INDEX FDS	—	$14.1M	47,198
Alphabet Inc.$GOOG	80.2	$11.8M	41,208
VANGUARD TAX-MANAGED FDS	—	$11.5M	178,899
JANUS DETROIT STR TR	—	$10.6M	210,500
Meta Platforms, Inc.$META	80.9	$10.3M	130,893
SPDR GOLD TRUST$GLD	—	$9.2M	21,404

Showing top 10 of 225 holdings.

Full Holdings — HEADINVEST, LLC (Q1 2026)

All 225 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	ISHARES TR	$28.5M	5.8%	-1%	—
2	$MSFT	MICROSOFT CORP	$15.8M	3.2%	-5%	83.7
3	—	VANGUARD WHITEHALL FDS	$15.2M	3.1%	+0%	—
4	—	VANGUARD INDEX FDS	$14.6M	3.0%	-4%	—
5	—	VANGUARD INDEX FDS	$14.1M	2.9%	-1%	—
6	$GOOG	Alphabet Inc.	$11.8M	2.4%	-3%	80.2
7	—	VANGUARD TAX-MANAGED FDS	$11.5M	2.4%	+5%	—
8	—	JANUS DETROIT STR TR	$10.6M	2.2%	-4%	—
9	$META	Meta Platforms, Inc.	$10.3M	2.1%	-3%	80.9
10	$GLD	SPDR GOLD TRUST	$9.2M	1.9%	+8%	—
11	$WMT	Walmart Inc.	$8.4M	1.7%	-3%	63.2
12	—	VANGUARD INDEX FDS	$8.3M	1.7%	+1%	—
13	—	VANGUARD SCOTTSDALE FDS	$8.2M	1.7%	+4%	—
14	$AXP	AMERICAN EXPRESS CO	$7.9M	1.6%	-4%	73.2
15	—	VANGUARD SPECIALIZED FUNDS	$7.4M	1.5%	+2%	—
16	$EMR	EMERSON ELECTRIC CO	$6.8M	1.4%	-3%	65.9
17	—	ISHARES TR	$6.7M	1.4%	-2%	—
18	$AAPL	Apple Inc.	$6.6M	1.4%	-8%	76.1
19	$LIN	LINDE PLC	$6.3M	1.3%	-3%	—
20	$INTU	INTUIT INC.	$6.1M	1.3%	-2%	82
21	—	ISHARES TR	$6.1M	1.3%	+117%	—
22	$DHR	DANAHER CORP /DE/	$5.9M	1.2%	-1%	63.9
23	—	VANGUARD INDEX FDS	$5.8M	1.2%	+0%	—
24	$TXN	TEXAS INSTRUMENTS INC	$5.6M	1.1%	-1%	70.4
25	$JPM	JPMORGAN CHASE & CO	$5.6M	1.1%	-1%	35.6
26	—	VANGUARD INTL EQUITY INDEX F	$5.6M	1.1%	+2%	—
27	$CSCO	CISCO SYSTEMS, INC.	$5.6M	1.1%	-2%	72.3
28	$CVX	CHEVRON CORP	$5.6M	1.1%	+1%	54.7
29	$ACN	Accenture plc	$5.5M	1.1%	-3%	—
30	$PEP	PEPSICO INC	$5.4M	1.1%	-2%	62.7
31	$PG	PROCTER & GAMBLE Co	$5.3M	1.1%	-0%	72.9
32	$WAT	WATERS CORP /DE/	$5.1M	1.0%	-2%	69.9
33	$ORCL	ORACLE CORP	$5.0M	1.0%	-2%	67.2
34	$AMZN	AMAZON COM INC	$4.8M	1.0%	-7%	74.6
35	$XOM	EXXON MOBIL CORP	$4.7M	1.0%	-2%	61.8
36	$NVDA	NVIDIA CORP	$4.6M	0.9%	-1%	90.2
37	—	JANUS DETROIT STR TR	$4.5M	0.9%	+17%	—
38	—	ISHARES TR	$4.4M	0.9%	+0%	—
39	$MDT	Medtronic plc	$4.2M	0.9%	-0%	—
40	$KMI	KINDER MORGAN, INC.	$4.1M	0.8%	-1%	74.6
41	—	SPDR SERIES TRUST	$3.8M	0.8%	+2%	—
42	—	ISHARES TR	$3.8M	0.8%	-1%	—
43	$IDXX	IDEXX LABORATORIES INC /DE	$3.8M	0.8%	-2%	73.6
44	$UL	UNILEVER PLC	$3.8M	0.8%	-3%	—
45	—	VANGUARD INDEX FDS	$3.6M	0.8%	+23%	—
46	$NVO	NOVO NORDISK A S	$3.4M	0.7%	-12%	—
47	—	SCHWAB STRATEGIC TR	$3.3M	0.7%	+6%	—
48	$ECL	ECOLAB INC.	$3.2M	0.7%	-3%	64.3
49	$HON	HONEYWELL INTERNATIONAL INC	$3.0M	0.6%	-0%	65.7
50	$TJX	TJX COMPANIES INC /DE/	$3.0M	0.6%	+2%	70.7
51	$ETN	Eaton Corp plc	$2.9M	0.6%	-1%	—
52	—	ISHARES INC	$2.8M	0.6%	+2%	—
53	—	VANGUARD SCOTTSDALE FDS	$2.7M	0.6%	-5%	—
54	$FISV	FISERV INC	$2.7M	0.6%	-13%	67.4
55	$MA	Mastercard Inc	$2.4M	0.5%	-1%	81.7
56	$NVS	NOVARTIS AG	$2.4M	0.5%	-4%	—
57	—	VANGUARD MALVERN FDS	$2.3M	0.5%	-1%	—
58	—	ISHARES TR	$2.2M	0.5%	-2%	—
59	$GOOGL	Alphabet Inc.	$2.1M	0.4%	-17%	80.2
60	—	VANGUARD WORLD FD	$2.0M	0.4%	+27%	—
61	$ABBV	AbbVie Inc.	$2.0M	0.4%	-3%	59.3
62	$BRK.B	BERKSHIRE HATHAWAY INC	$1.9M	0.4%	-22%	64.5
63	$AVGO	Broadcom Inc.	$1.9M	0.4%	+35%	86.4
64	—	VANGUARD SCOTTSDALE FDS	$1.8M	0.4%	+3%	—
65	—	ISHARES TR	$1.8M	0.4%	-1%	—
66	—	SPDR SERIES TRUST	$1.8M	0.4%	+23%	—
67	$PANW	Palo Alto Networks Inc	$1.8M	0.4%	+5%	66.5
68	$MRK	Merck & Co., Inc.	$1.7M	0.3%	-11%	70.9
69	$JNJ	JOHNSON & JOHNSON	$1.7M	0.3%	+1%	72.8
70	$KLAC	KLA CORP	$1.7M	0.3%	-13%	84.4
71	—	VANGUARD INTL EQUITY INDEX F	$1.6M	0.3%	+164%	—
72	$FTV	Fortive Corp	$1.6M	0.3%	-2%	55.9
73	$MCD	MCDONALDS CORP	$1.6M	0.3%	+3%	73.9
74	$UBER	Uber Technologies, Inc	$1.6M	0.3%	+1%	79.3
75	—	ISHARES TR	$1.6M	0.3%	-13%	—
76	$SPY	SPDR S&P 500 ETF TRUST	$1.5M	0.3%	-1%	—
77	$DVN	DEVON ENERGY CORP/DE	$1.5M	0.3%	+0%	70.2
78	$NEE	NEXTERA ENERGY INC	$1.4M	0.3%	+3%	71.7
79	$LLY	ELI LILLY & Co	$1.4M	0.3%	+5%	89.3
80	$ICE	Intercontinental Exchange, Inc.	$1.4M	0.3%	-1%	73.8
81	$GS	GOLDMAN SACHS GROUP INC	$1.4M	0.3%	+0%	—
82	—	VANGUARD INDEX FDS	$1.3M	0.3%	-0%	—
83	$V	VISA INC.	$1.3M	0.3%	-17%	83.5
84	$IBM	INTERNATIONAL BUSINESS MACHINES CORP	$1.2M	0.3%	+4%	66.7
85	$META	Meta Platforms, Inc.	$1.2M	0.2%	+21%	80.9
86	$HOLX	HOLOGIC INC	$1.2M	0.2%	-14%	62.3
87	$TTE	TotalEnergies SE	$1.1M	0.2%	+0%	—
88	$SLB	SLB LIMITED/NV	$1.1M	0.2%	-2%	63.2
89	$AMD	ADVANCED MICRO DEVICES INC	$1.1M	0.2%	-11%	78.8
90	$RTX	RTX Corp	$1.1M	0.2%	+3%	70
91	$ABT	ABBOTT LABORATORIES	$1.0M	0.2%	-5%	67
92	$TMO	THERMO FISHER SCIENTIFIC INC.	$1.0M	0.2%	-21%	63.7
93	$KO	COCA COLA CO	$1.0M	0.2%	+3%	74
94	$GE	GENERAL ELECTRIC CO	$1.0M	0.2%	+2%	74.8
95	—	ISHARES TR	$1.0M	0.2%	-8%	—
96	$GEV	GE Vernova Inc.	$1.0M	0.2%	-4%	70.1
97	$VRTX	VERTEX PHARMACEUTICALS INC / MA	$1.0M	0.2%	-2%	76.6
98	—	SCHWAB STRATEGIC TR	$1.0M	0.2%	-1%	—
99	—	VANGUARD BD INDEX FDS	$998,092	0.2%	-19%	—
100	$CARR	CARRIER GLOBAL Corp	$963,351	0.2%	-3%	61.5
101	—	SPDR SERIES TRUST	$930,006	0.2%	+50%	—
102	$IVZ	Invesco Ltd.	$904,962	0.2%	-5%	—
103	$RIO	RIO TINTO PLC	$886,255	0.2%	+0%	—
104	$RSG	REPUBLIC SERVICES, INC.	$883,965	0.2%	+2%	72
105	$ASML	ASML HOLDING NV	$834,765	0.2%	+6%	—
106	—	SELECT SECTOR SPDR TR	$822,949	0.2%	+2%	—
107	—	ISHARES TR	$814,467	0.2%	+0%	—
108	—	VANGUARD WELLINGTON FD	$802,445	0.2%	+0%	—
109	—	VANGUARD INDEX FDS	$798,730	0.2%	-2%	—
110	$CB	Chubb Ltd	$791,684	0.2%	-2%	—
111	$HD	HOME DEPOT, INC.	$771,905	0.2%	+3%	69.2
112	$MOS	MOSAIC CO	$765,000	0.2%	+25%	54.3
113	$MDLZ	Mondelez International, Inc.	$762,174	0.2%	-10%	53.9
114	$CDNS	CADENCE DESIGN SYSTEMS INC	$752,194	0.1%	+3%	74.4
115	—	ISHARES TR	$730,948	0.1%	-4%	—
116	$GS	GOLDMAN SACHS GROUP INC	$728,397	0.1%	-1%	—
117	$BRK.A	BERKSHIRE HATHAWAY INC	$718,140	0.1%	+0%	64.5
118	$COST	COSTCO WHOLESALE CORP /NEW	$706,628	0.1%	+9%	67
119	—	ISHARES TR	$705,118	0.1%	+0%	—
120	$ADBE	ADOBE INC.	$701,286	0.1%	-29%	80.4
121	$BA	BOEING CO	$696,804	0.1%	+148%	51.8
122	$ADI	ANALOG DEVICES INC	$690,682	0.1%	-5%	76.2
123	$TSM	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	$669,817	0.1%	+1%	—
124	$XYL	Xylem Inc.	$661,433	0.1%	-1%	65.6
125	$GBTC	Grayscale Bitcoin Trust ETF	$659,500	0.1%	-50%	—
126	$DUK	Duke Energy CORP	$657,712	0.1%	-1%	64
127	$MRVL	Marvell Technology, Inc.	$652,343	0.1%	+0%	77.3
128	$FCX	FREEPORT-MCMORAN INC	$646,580	0.1%	+0%	73.1
129	—	VANGUARD WORLD FD	$646,089	0.1%	+0%	—
130	$BAC	BANK OF AMERICA CORP /DE/	$638,235	0.1%	+1%	68.4
131	—	ISHARES TR	$633,966	0.1%	-57%	—
132	—	ISHARES TR	$632,660	0.1%	-7%	—
133	—	ISHARES TR	$619,577	0.1%	+0%	—
134	$SNPS	SYNOPSYS INC	$579,654	0.1%	+2%	63.1
135	—	SPDR SERIES TRUST	$579,487	0.1%	-55%	—
136	$UPS	UNITED PARCEL SERVICE INC	$569,227	0.1%	-2%	58.2
137	—	ISHARES TR	$566,734	0.1%	+0%	—
138	$TMUS	T-Mobile US, Inc.	$565,401	0.1%	-6%	72.7
139	—	ISHARES TR	$544,436	0.1%	-0%	—
140	—	VANGUARD STAR FDS	$542,546	0.1%	NEW	—
141	$PWR	QUANTA SERVICES, INC.	$529,804	0.1%	-4%	62.6
142	—	ISHARES TR	$528,019	0.1%	+3%	—
143	—	ISHARES TR	$524,596	0.1%	-9%	—
144	—	ISHARES TR	$508,097	0.1%	+0%	—
145	$IVZ	Invesco Ltd.	$492,824	0.1%	NEW	—
146	$SYK	STRYKER CORP	$487,299	0.1%	+4%	69.8
147	—	VANGUARD INTL EQUITY INDEX F	$480,484	0.1%	+0%	—
148	$BEAM	Beam Therapeutics Inc.	$478,030	0.1%	+0%	12.1
149	—	ISHARES TR	$476,471	0.1%	-9%	—
150	—	ISHARES TR	$472,461	0.1%	-23%	—
151	—	ISHARES TR	$469,987	0.1%	-29%	—
152	$NFLX	NETFLIX INC	$464,405	0.1%	NEW	86.7
153	—	SPDR SERIES TRUST	$458,982	0.1%	+0%	—
154	—	ISHARES TR	$458,091	0.1%	-43%	—
155	—	VANGUARD INSTL INDEX FD	$456,170	0.1%	NEW	—
156	—	PROSHARES TR	$450,801	0.1%	-9%	—
157	$SPGI	S&P Global Inc.	$450,435	0.1%	+0%	79.4
158	$BMY	BRISTOL MYERS SQUIBB CO	$441,896	0.1%	-20%	70.1
159	$TT	Trane Technologies plc	$437,577	0.1%	+5%	—
160	—	ISHARES TR	$434,724	0.1%	+18%	—
161	—	SPDR SERIES TRUST	$423,956	0.1%	+0%	—
162	$MU	MICRON TECHNOLOGY INC	$407,773	0.1%	-2%	88.4
163	$OXY	OCCIDENTAL PETROLEUM CORP /DE/	$392,860	0.1%	-9%	66.3
164	—	VANGUARD WORLD FD	$391,598	0.1%	-84%	—
165	$ADP	AUTOMATIC DATA PROCESSING INC	$386,042	0.1%	+0%	77.9
166	$LRCX	LAM RESEARCH CORP	$381,383	0.1%	-20%	82.4
167	—	ISHARES TR	$380,795	0.1%	+0%	—
168	$ITW	ILLINOIS TOOL WORKS INC	$372,996	0.1%	-17%	71.2
169	$APD	Air Products & Chemicals, Inc.	$371,246	0.1%	-2%	41.2
170	—	SPDR SERIES TRUST	$367,164	0.1%	+49%	—
171	$YUM	YUM BRANDS INC	$363,979	0.1%	-3%	71.7
172	$AMGN	AMGEN INC	$350,443	0.1%	-39%	79.5
173	$KVUE	Kenvue Inc.	$337,642	0.1%	-11%	60.2
174	$LOW	LOWES COMPANIES INC	$331,737	0.1%	+4%	63.5
175	$CRWD	CrowdStrike Holdings, Inc.	$329,116	0.1%	+1%	55
176	—	ISHARES TR	$326,614	0.1%	-48%	—
177	$BLK	BlackRock, Inc.	$321,211	0.1%	-32%	70.3
178	—	ISHARES TR	$314,770	0.1%	+1%	—
179	—	RBB FD INC	$312,058	0.1%	-12%	—
180	$UNP	UNION PACIFIC CORP	$306,672	0.1%	+1%	74
181	—	ISHARES TR	$305,302	0.1%	-17%	—
182	$D	DOMINION ENERGY, INC	$303,103	0.1%	-6%	74.9
183	$QCOM	QUALCOMM INC/DE	$301,216	0.1%	+3%	81.9
184	—	VANGUARD INDEX FDS	$295,548	0.1%	+0%	—
185	$PFE	PFIZER INC	$291,976	0.1%	-19%	69
186	$CEG	Constellation Energy Corp	$291,537	0.1%	-2%	62.5
187	$MS	MORGAN STANLEY	$290,631	0.1%	+0%	—
188	—	VANGUARD INDEX FDS	$287,856	0.1%	+0%	—
189	—	VANGUARD INDEX FDS	$285,929	0.1%	+1%	—
190	—	VANGUARD BD INDEX FDS	$280,200	0.1%	+12%	—
191	$SOLS	Solstice Advanced Materials Inc.	$276,004	0.1%	NEW	—
192	—	ISHARES TR	$273,314	0.1%	+0%	—
193	$COP	CONOCOPHILLIPS	$273,108	0.1%	-15%	74.8
194	—	SPDR SERIES TRUST	$269,650	0.1%	-91%	—
195	—	SCHWAB STRATEGIC TR	$267,310	0.1%	-6%	—
196	$INTC	INTEL CORP	$265,775	0.1%	-4%	41.5
197	$BX	Blackstone Inc.	$264,707	0.1%	-50%	68
198	$ZTS	Zoetis Inc.	$260,771	0.1%	-7%	72.6
199	$ALL	ALLSTATE CORP	$258,138	0.1%	+0%	76.6
200	$MPC	Marathon Petroleum Corp	$256,389	0.1%	-32%	50.7
201	$CAT	CATERPILLAR INC	$253,629	0.1%	-7%	67.8
202	$LHX	L3HARRIS TECHNOLOGIES, INC. /DE/	$249,198	0.1%	-6%	66.5
203	—	VANGUARD SCOTTSDALE FDS	$243,474	0.1%	+0%	—
204	$PSA	Public Storage	$240,271	0.1%	-5%	73.9
205	$USB	US BANCORP DE	$236,750	0.1%	-5%	71.4
206	$DASH	DoorDash, Inc.	$236,486	0.1%	+51%	70.6
207	$NKE	NIKE, Inc.	$235,004	0.1%	-5%	53.4
208	$CHKP	CHECK POINT SOFTWARE TECHNOLOGIES LTD	$230,417	0.1%	-5%	—
209	$ORLY	O REILLY AUTOMOTIVE INC	$227,083	0.1%	NEW	72.7
210	$CCI	CROWN CASTLE INC.	$225,229	0.1%	-8%	52.9
211	$ULTA	Ulta Beauty, Inc.	$223,197	0.1%	-39%	66.6
212	—	ISHARES TR	$222,817	0.1%	-30%	—
213	—	VANGUARD CHARLOTTE FDS	$222,520	0.1%	NEW	—
214	—	ISHARES TR	$220,742	0.1%	+0%	—
215	$SYY	SYSCO CORP	$219,126	0.0%	-2%	58.4
216	$KMB	KIMBERLY CLARK CORP	$217,829	0.0%	-5%	61.7
217	—	BLACKROCK ETF TRUST	$215,849	0.0%	+0%	—
218	—	FIDELITY COVINGTON TRUST	$214,607	0.0%	NEW	—
219	$SHEL	Shell plc	$212,970	0.0%	NEW	—
220	—	VANECK ETF TRUST	$212,020	0.0%	NEW	—
221	—	ISHARES TR	$211,974	0.0%	-96%	—
222	$GPC	GENUINE PARTS CO	$209,914	0.0%	-7%	54.2
223	$IVZ	Invesco Ltd.	$208,965	0.0%	-3%	—
224	$BDX	BECTON DICKINSON & CO	$200,783	0.0%	+0%	50.7
225	$ONC	BeOne Medicines Ltd.	$37,941	0.0%	+0%	—