Abbot Financial Management, Inc.

ANDOVER, MA · CIK 1714341 · 13F filing filed 2023-05-15

SEC-registered investment adviser since 1983 · corporation

Assets managed$358.9m
Staff4 · 3 in investment roles
Main clients (by assets)High net worth individuals 86%, Individuals 11%, Charities 3%
Websiteabbotfm.com
Form ADV · 2026-09-24SEC adviser record

Kindwealth
Others nearbyAndover, MA

$149.0m reported value +1.9% vs Q4 2022

112positions

32.9%in top 10

4 new 18 added 57 reduced 4 sold out vs Q4 2022

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	37,323	$10.8m7.22%	7.22%	Reduced -931	-931 -2.4%
2	APPLE INC COM AAPL	AAPL	58,730	$9.7m6.50%	6.50%	Added +237	+237 0.4%
3	JPMORGAN CHASE & CO COM JPM	JPM	32,601	$4.2m2.85%	2.85%	Reduced -381	-381 -1.2%
4	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	15,506	$3.9m2.60%	2.60%	Reduced -231	-231 -1.5%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	36,260	$3.8m2.52%	2.52%	Added +730	+730 2.0%
6	CISCO SYS INC COM CSCO	CSCO	70,310	$3.7m2.47%	2.47%	Reduced -1.4k	-1,442 -2.0%
7	MERCK & CO INC COM MRK	MRK	32,230	$3.4m2.30%	2.30%	Reduced -674	-674 -2.0%
8	NIKE INC CL B NKE	NKE	26,942	$3.3m2.22%	2.22%	Reduced -500	-500 -1.8%
9	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	21,112	$3.2m2.14%	2.14%	Reduced -250	-250 -1.2%
10	NVIDIA CORPORATION COM NVDA	NVDA	11,298	$3.1m2.11%	2.11%	Reduced -75	-75 -0.7%
11	LOCKHEED MARTIN CORP COM LMT	LMT	6,443	$3.0m2.04%	2.04%	Reduced -275	-275 -4.1%
12	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	19,374	$3.0m2.00%	2.00%	Added +121	+121 0.6%
13	BANK AMERICA CORP COM BAC	BAC	104,196	$3.0m2.00%	2.00%	Reduced -2.1k	-2,115 -2.0%
14	ABBVIE INC COM ABBV	ABBV	17,656	$2.8m1.89%	1.89%	Reduced -200	-200 -1.1%
15	JOHNSON & JOHNSON COM JNJ	JNJ	17,647	$2.7m1.84%	1.84%	Reduced -51	-51 -0.3%
16	PROCTER AND GAMBLE CO COM PG	PG	18,025	$2.7m1.80%	1.80%	Reduced -388	-388 -2.1%
17	HOME DEPOT INC COM HD	HD	8,195	$2.4m1.62%	1.62%	Reduced -76	-76 -0.9%
18	ISHARES TR RUSSELL 2000 ETF IWM	IWM	13,389	$2.4m1.60%	1.60%	Reduced -330	-330 -2.4%
19	BLACKSTONE INC COM BX	BX	25,949	$2.3m1.53%	1.53%	Reduced -496	-496 -1.9%
20	VANGUARD INDEX FDS MID CAP ETF VO	VO	10,421	$2.2m1.48%	1.48%	Reduced -65	-65 -0.6%
21	MCDONALDS CORP COM MCD	MCD	7,612	$2.1m1.43%	1.43%	Added +116	+116 1.6%
22	PFIZER INC COM PFE	PFE	50,361	$2.1m1.38%	1.38%	Reduced -4.5k	-4,545 -8.3%
23	BUNGE LIMITED COM BG	BG	21,332	$2.0m1.37%	1.37%	Reduced -1.2k	-1,198 -5.3%
24	CORNING INC COM GLW	GLW	56,455	$2.0m1.34%	1.34%	Reduced -1.2k	-1,200 -2.1%
25	NOVARTIS AG SPONSORED ADR NVS	NVS	20,497	$1.9m1.27%	1.27%	Reduced -372	-372 -1.8%
26	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	58,627	$1.9m1.27%	1.27%	Added +7	+7 0.0%
27	EMERSON ELEC CO COM EMR	EMR	20,609	$1.8m1.21%	1.21%	Reduced -650	-650 -3.1%
28	PEPSICO INC COM PEP	PEP	9,581	$1.7m1.17%	1.17%	Reduced -9.2k	-9,221 -49.0%
29	TEXAS INSTRS INC COM TXN	TXN	9,255	$1.7m1.16%	1.16%	Added +4	+4 0.0%
30	FEDEX CORP COM FDX	FDX	7,075	$1.6m1.09%	1.09%	Reduced -776	-776 -9.9%
31	CVS HEALTH CORP COM CVS	CVS	21,498	$1.6m1.07%	1.07%	Added +653	+653 3.1%
32	MORGAN STANLEY COM NEW MS	MS	18,145	$1.6m1.07%	1.07%	Unchanged
33	FIRST TR EXCHANGE TRADED FD NASDAQ CYB ETF CIBR	CIBR	33,783	$1.4m0.97%	0.97%	Reduced -85	-85 -0.2%
34	AMAZON COM INC COM AMZN	AMZN	13,936	$1.4m0.97%	0.97%	Reduced -2.4k	-2,444 -14.9%
35	KIMBERLY-CLARK CORP COM KMB	KMB	10,643	$1.4m0.96%	0.96%	Unchanged
36	INTEL CORP COM INTC	INTC	42,143	$1.4m0.92%	0.92%	Reduced -15.4k	-15,387 -26.8%
37	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	29,326	$1.3m0.91%	0.91%	Added +45	+45 0.1%
38	RTX CORPORATION COM RTX	RTX	13,662	$1.3m0.90%	0.90%	Reduced -310	-310 -2.2%
39	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	9,285	$1.2m0.81%	0.81%	Unchanged
40	BOEING CO COM BA	BA	5,520	$1.2m0.79%	0.79%	Reduced -300	-300 -5.2%
41	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	7,840	$1.2m0.79%	0.79%	Reduced -50	-50 -0.6%
42	VERIZON COMMUNICATIONS INC COM VZ	VZ	29,522	$1.1m0.77%	0.77%	Reduced -2.4k	-2,400 -7.5%
43	DISNEY WALT CO COM DIS	DIS	11,449	$1.1m0.77%	0.77%	Reduced -1.6k	-1,626 -12.4%
44	CHEVRON CORP NEW COM CVX	CVX	6,738	$1.1m0.74%	0.74%	Reduced -300	-300 -4.3%
45	AFLAC INC COM AFL	AFL	16,285	$1.1m0.71%	0.71%	Reduced -100	-100 -0.6%
46	PALO ALTO NETWORKS INC COM PANW	PANW	4,981	$994.9k0.67%	0.67%	Unchanged
47	INVESCO EXCHANGE TRADED FD T BIOTECHNOLOGY PBE	PBE	15,725	$987.0k0.66%	0.66%	Unchanged
48	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	12,109	$976.7k0.66%	0.66%	Reduced -300	-300 -2.4%
49	SELECT SECTOR SPDR TR INDL XLI	XLI	9,507	$961.9k0.65%	0.65%	Reduced -70	-70 -0.7%
50	STATE STR CORP COM STT	STT	12,184	$922.2k0.62%	0.62%	Unchanged
51	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	3,745	$893.1k0.60%	0.60%	Reduced -19	-19 -0.5%
52	AMERICAN INTL GROUP INC COM NEW AIG	AIG	17,341	$873.3k0.59%	0.59%	Reduced -1.6k	-1,595 -8.4%
53	VANGUARD INDEX FDS VALUE ETF VTV	VTV	6,285	$868.0k0.58%	0.58%	Reduced -200	-200 -3.1%
54	3M CO COM MMM	MMM	8,069	$848.1k0.57%	0.57%	Reduced -242	-242 -2.9%
55	INVESCO EXCHANGE TRADED FD T S&P500 EQL TEC RSPT	RSPT	3,050	$841.8k0.57%	0.57%	Added +17	+17 0.6%
56	WALMART INC COM WMT	WMT	5,597	$825.3k0.55%	0.55%	Reduced -233	-233 -4.0%
57	PARKER-HANNIFIN CORP COM PH	PH	2,352	$790.6k0.53%	0.53%	Reduced -300	-300 -11.3%
58	CONOCOPHILLIPS COM COP	COP	7,749	$768.8k0.52%	0.52%	Unchanged
59	AT&T INC COM T	T	39,856	$767.2k0.51%	0.51%	Reduced -998	-998 -2.4%
60	ABBOTT LABS COM ABT	ABT	7,500	$759.5k0.51%	0.51%	Reduced -828	-828 -9.9%
61	CSX CORP COM CSX	CSX	25,105	$751.6k0.50%	0.50%	Unchanged
62	CELANESE CORP DEL COM CE	CE	6,890	$750.3k0.50%	0.50%	Added +1	+1 0.0%
63	GRACO INC COM GGG	GGG	10,250	$748.4k0.50%	0.50%	Unchanged
64	KINDER MORGAN INC DEL COM KMI	KMI	42,455	$743.4k0.50%	0.50%	Added +1.3k	+1,302 3.2%
65	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	15,961	$721.0k0.48%	0.48%	Added +450	+450 2.9%
66	SAFETY INS GROUP INC COM SAFT	SAFT	9,446	$703.9k0.47%	0.47%	Unchanged
67	EXXON MOBIL CORP COM XOM	XOM	6,293	$690.1k0.46%	0.46%	Unchanged
68	IRON MTN INC DEL COM IRM	IRM	12,450	$658.7k0.44%	0.44%	Reduced -1.6k	-1,600 -11.4%
69	CINTAS CORP COM CTAS	CTAS	1,400	$647.8k0.43%	0.43%	Unchanged
70	CHEMED CORP NEW COM CHE	CHE	1,200	$645.3k0.43%	0.43%	Unchanged
71	AIR PRODS & CHEMS INC COM APD	APD	2,236	$642.2k0.43%	0.43%	Unchanged
72	SPDR SER TR S&P REGL BKG KRE	KRE	14,033	$615.5k0.41%	0.41%	Unchanged
73	ISHARES TR ISHARES BIOTECH IBB	IBB	4,699	$606.9k0.41%	0.41%	Unchanged
74	CHUBB LIMITED COM CB	CB	3,120	$605.9k0.41%	0.41%	Unchanged
75	LYONDELLBASELL INDUSTRIES N SHS - A - LYB	LYB	5,925	$556.3k0.37%	0.37%	Reduced -325	-325 -5.2%
76	SALESFORCE INC COM CRM	CRM	2,768	$553.0k0.37%	0.37%	Unchanged
77	MERCADOLIBRE INC COM MELI	MELI	417	$549.6k0.37%	0.37%	Reduced -92	-92 -18.1%
78	ISHARES TR EXPONENTIAL TECH XT	XT	10,276	$541.5k0.36%	0.36%	Reduced -150	-150 -1.4%
79	DEXCOM INC COM DXCM	DXCM	4,113	$477.8k0.32%	0.32%	Unchanged
80	PENNANTPARK INVT CORP COM PNNT	PNNT	88,973	$469.8k0.32%	0.32%	Added +3	+3 0.0%
81	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	989	$404.9k0.27%	0.27%	Unchanged
82	STARBUCKS CORP COM SBUX	SBUX	3,659	$381.0k0.26%	0.26%	Reduced -1	-1 -0.0%
83	DIAGEO PLC SPON ADR NEW DEO	DEO	2,075	$375.9k0.25%	0.25%	Unchanged
84	HANCOCK JOHN TAX-ADVANTAGED COM HTD	HTD	17,425	$371.5k0.25%	0.25%	Reduced -800	-800 -4.4%
85	DIAMONDBACK ENERGY INC COM FANG	FANG	2,733	$369.4k0.25%	0.25%	Added +748	+748 37.7%
86	SCHLUMBERGER LTD COM STK SLB	SLB	7,350	$360.9k0.24%	0.24%	Unchanged
87	PIMCO ETF TR ACTIVE BD ETF BOND	BOND	3,831	$355.4k0.24%	0.24%	Unchanged
88	COSTCO WHSL CORP NEW COM COST	COST	714	$354.7k0.24%	0.24%	Added +67	+67 10.4%
89	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	1,097	$352.1k0.24%	0.24%	Reduced -1	-1 -0.1%
90	AUTODESK INC COM ADSK	ADSK	1,630	$339.3k0.23%	0.23%	Reduced -30	-30 -1.8%
91	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,095	$338.1k0.23%	0.23%	Unchanged
92	SPDR SER TR S&P BK ETF KBE	KBE	9,113	$337.8k0.23%	0.23%	Reduced -107	-107 -1.2%
93	VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF VGK	VGK	5,410	$329.7k0.22%	0.22%	Reduced -725	-725 -11.8%
94	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	6,853	$328.5k0.22%	0.22%	Unchanged
95	APOLLO GLOBAL MGMT INC COM APO	APO	5,200	$328.4k0.22%	0.22%	Unchanged
96	SOLAREDGE TECHNOLOGIES INC COM SEDG	SEDG	1,017	$309.1k0.21%	0.21%	Unchanged
97	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	180	$306.2k0.21%	0.21%	Unchanged
98	MODERNA INC COM MRNA	MRNA	1,944	$298.6k0.20%	0.20%	Added +198	+198 11.3%
99	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	4,260	$295.3k0.20%	0.20%	Unchanged
100	TESLA INC COM TSLA	TSLA	1,389	$288.2k0.19%	0.19%	New

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
HDFC BANK LTD HDB	HDB	4,348	$297.5k4.3k shares
FIRST REP BK SAN FRANCISCO C FRCB	FRCB	2,323	$283.1k2.3k shares
COCA COLA CO KO	KO	3,856	$245.3k3.9k shares
INVESCO EXCHANGE TRADED FD T PGF	PGF	10,950	$157.7k10.9k shares