Abbot Financial Management, Inc.

ANDOVER, MA · CIK 1714341 · 13F filing filed 2023-08-14

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

$155.8m reported value +4.6% vs Q1 2023

113positions

35.6%in top 10

3 new 10 added 75 reduced 2 sold out vs Q1 2023

Holdings, Q2 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	36,819	$12.5m8.05%	8.05%	Reduced -504	-504 -1.4%
2	APPLE INC COM AAPL	AAPL	59,072	$11.5m7.35%	7.35%	Added +342	+342 0.6%
3	JPMORGAN CHASE & CO COM JPM	JPM	31,953	$4.6m2.98%	2.98%	Reduced -648	-648 -2.0%
4	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	15,481	$4.4m2.81%	2.81%	Reduced -25	-25 -0.2%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	35,630	$4.3m2.74%	2.74%	Reduced -630	-630 -1.7%
6	NVIDIA CORPORATION COM NVDA	NVDA	9,877	$4.2m2.68%	2.68%	Reduced -1.4k	-1,421 -12.6%
7	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	20,942	$3.6m2.34%	2.34%	Reduced -170	-170 -0.8%
8	CISCO SYS INC COM CSCO	CSCO	69,938	$3.6m2.32%	2.32%	Reduced -372	-372 -0.5%
9	MERCK & CO INC COM MRK	MRK	31,271	$3.6m2.32%	2.32%	Reduced -959	-959 -3.0%
10	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	19,595	$3.2m2.04%	2.04%	Added +221	+221 1.1%
11	BANK AMERICA CORP COM BAC	BAC	102,556	$2.9m1.89%	1.89%	Reduced -1.6k	-1,640 -1.6%
12	NIKE INC CL B NKE	NKE	26,319	$2.9m1.86%	1.86%	Reduced -623	-623 -2.3%
13	JOHNSON & JOHNSON COM JNJ	JNJ	17,444	$2.9m1.85%	1.85%	Reduced -203	-203 -1.1%
14	LOCKHEED MARTIN CORP COM LMT	LMT	6,267	$2.9m1.85%	1.85%	Reduced -176	-176 -2.7%
15	PROCTER AND GAMBLE CO COM PG	PG	17,621	$2.7m1.72%	1.72%	Reduced -404	-404 -2.2%
16	HOME DEPOT INC COM HD	HD	7,826	$2.4m1.56%	1.56%	Reduced -369	-369 -4.5%
17	ISHARES TR RUSSELL 2000 ETF IWM	IWM	12,790	$2.4m1.54%	1.54%	Reduced -599	-599 -4.5%
18	BLACKSTONE INC COM BX	BX	25,591	$2.4m1.53%	1.53%	Reduced -358	-358 -1.4%
19	ABBVIE INC COM ABBV	ABBV	17,156	$2.3m1.48%	1.48%	Reduced -500	-500 -2.8%
20	VANGUARD INDEX FDS MID CAP ETF VO	VO	10,365	$2.3m1.46%	1.46%	Reduced -56	-56 -0.5%
21	MCDONALDS CORP COM MCD	MCD	7,532	$2.2m1.44%	1.44%	Reduced -80	-80 -1.1%
22	NOVARTIS AG SPONSORED ADR NVS	NVS	20,401	$2.1m1.32%	1.32%	Reduced -96	-96 -0.5%
23	BUNGE LIMITED COM BG	BG	21,486	$2.0m1.30%	1.30%	Added +154	+154 0.7%
24	CORNING INC COM GLW	GLW	56,455	$2.0m1.27%	1.27%	Unchanged
25	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	58,299	$2.0m1.26%	1.26%	Reduced -328	-328 -0.6%
26	EMERSON ELEC CO COM EMR	EMR	20,113	$1.8m1.17%	1.17%	Reduced -496	-496 -2.4%
27	PFIZER INC COM PFE	PFE	48,445	$1.8m1.14%	1.14%	Reduced -1.9k	-1,916 -3.8%
28	PEPSICO INC COM PEP	PEP	9,525	$1.8m1.13%	1.13%	Reduced -56	-56 -0.6%
29	AMAZON COM INC COM AMZN	AMZN	13,516	$1.8m1.13%	1.13%	Reduced -420	-420 -3.0%
30	FEDEX CORP COM FDX	FDX	6,826	$1.7m1.09%	1.09%	Reduced -249	-249 -3.5%
31	TEXAS INSTRS INC COM TXN	TXN	9,259	$1.7m1.07%	1.07%	Added +4	+4 0.0%
32	MORGAN STANLEY COM NEW MS	MS	18,270	$1.6m1.00%	1.00%	Added +125	+125 0.7%
33	FIRST TR EXCHANGE TRADED FD NASDAQ CYB ETF CIBR	CIBR	33,784	$1.5m0.98%	0.98%	Added +1	+1 0.0%
34	KIMBERLY-CLARK CORP COM KMB	KMB	10,595	$1.5m0.94%	0.94%	Reduced -48	-48 -0.5%
35	CVS HEALTH CORP COM CVS	CVS	20,836	$1.4m0.92%	0.92%	Reduced -662	-662 -3.1%
36	INTEL CORP COM INTC	INTC	41,159	$1.4m0.88%	0.88%	Reduced -984	-984 -2.3%
37	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	7,840	$1.3m0.85%	0.85%	Unchanged
38	PALO ALTO NETWORKS INC COM PANW	PANW	4,981	$1.3m0.82%	0.82%	Unchanged
39	RTX CORPORATION COM RTX	RTX	12,882	$1.3m0.81%	0.81%	Reduced -780	-780 -5.7%
40	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	9,285	$1.2m0.79%	0.79%	Unchanged
41	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	26,637	$1.2m0.78%	0.78%	Reduced -2.7k	-2,689 -9.2%
42	BOEING CO COM BA	BA	5,480	$1.2m0.74%	0.74%	Reduced -40	-40 -0.7%
43	AFLAC INC COM AFL	AFL	16,285	$1.1m0.73%	0.73%	Unchanged
44	VERIZON COMMUNICATIONS INC COM VZ	VZ	28,440	$1.1m0.68%	0.68%	Reduced -1.1k	-1,082 -3.7%
45	CHEVRON CORP NEW COM CVX	CVX	6,646	$1.0m0.67%	0.67%	Reduced -92	-92 -1.4%
46	SELECT SECTOR SPDR TR INDL XLI	XLI	9,461	$1.0m0.65%	0.65%	Reduced -46	-46 -0.5%
47	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	12,109	$1.0m0.64%	0.64%	Unchanged
48	DISNEY WALT CO COM DIS	DIS	10,967	$979.2k0.63%	0.63%	Reduced -482	-482 -4.2%
49	INVESCO EXCHANGE TRADED FD T BIOTECHNOLOGY PBE	PBE	15,500	$949.9k0.61%	0.61%	Reduced -225	-225 -1.4%
50	AMERICAN INTL GROUP INC COM NEW AIG	AIG	16,205	$932.4k0.60%	0.60%	Reduced -1.1k	-1,136 -6.5%
51	FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT LMBS	LMBS	19,105	$910.7k0.58%	0.58%	New
52	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	3,714	$909.4k0.58%	0.58%	Reduced -31	-31 -0.8%
53	INVESCO EXCHANGE TRADED FD T S&P500 EQL TEC RSPT	RSPT	3,032	$891.7k0.57%	0.57%	Reduced -18	-18 -0.6%
54	VANGUARD INDEX FDS VALUE ETF VTV	VTV	6,245	$887.4k0.57%	0.57%	Reduced -40	-40 -0.6%
55	GRACO INC COM GGG	GGG	10,250	$885.1k0.57%	0.57%	Unchanged
56	STATE STR CORP COM STT	STT	12,056	$882.3k0.57%	0.57%	Reduced -128	-128 -1.1%
57	CSX CORP COM CSX	CSX	25,105	$856.1k0.55%	0.55%	Unchanged
58	WALMART INC COM WMT	WMT	5,297	$832.6k0.53%	0.53%	Reduced -300	-300 -5.4%
59	ABBOTT LABS COM ABT	ABT	7,500	$817.6k0.52%	0.52%	Unchanged
60	PARKER-HANNIFIN CORP COM PH	PH	2,060	$803.6k0.52%	0.52%	Reduced -292	-292 -12.4%
61	CONOCOPHILLIPS COM COP	COP	7,749	$802.9k0.52%	0.52%	Unchanged
62	CELANESE CORP DEL COM CE	CE	6,833	$791.2k0.51%	0.51%	Reduced -57	-57 -0.8%
63	3M CO COM MMM	MMM	7,571	$757.8k0.49%	0.49%	Reduced -498	-498 -6.2%
64	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	15,961	$737.1k0.47%	0.47%	Unchanged
65	KINDER MORGAN INC DEL COM KMI	KMI	40,456	$696.7k0.45%	0.45%	Reduced -2.0k	-1,999 -4.7%
66	CINTAS CORP COM CTAS	CTAS	1,400	$695.9k0.45%	0.45%	Unchanged
67	EXXON MOBIL CORP COM XOM	XOM	6,242	$669.5k0.43%	0.43%	Reduced -51	-51 -0.8%
68	CHEMED CORP NEW COM CHE	CHE	1,200	$650.0k0.42%	0.42%	Unchanged
69	IRON MTN INC DEL COM IRM	IRM	11,250	$639.2k0.41%	0.41%	Reduced -1.2k	-1,200 -9.6%
70	AT&T INC COM T	T	38,604	$615.7k0.40%	0.40%	Reduced -1.3k	-1,252 -3.1%
71	CHUBB LIMITED COM CB	CB	3,084	$593.8k0.38%	0.38%	Reduced -36	-36 -1.1%
72	AIR PRODS & CHEMS INC COM APD	APD	1,949	$583.8k0.37%	0.37%	Reduced -287	-287 -12.8%
73	ISHARES TR ISHARES BIOTECH IBB	IBB	4,571	$580.3k0.37%	0.37%	Reduced -128	-128 -2.7%
74	ISHARES TR EXPONENTIAL TECH XT	XT	10,280	$571.6k0.37%	0.37%	Added +4	+4 0.0%
75	SAFETY INS GROUP INC COM SAFT	SAFT	7,882	$565.3k0.36%	0.36%	Reduced -1.6k	-1,564 -16.6%
76	SALESFORCE INC COM CRM	CRM	2,618	$553.1k0.35%	0.35%	Reduced -150	-150 -5.4%
77	LYONDELLBASELL INDUSTRIES N SHS - A - LYB	LYB	5,975	$548.7k0.35%	0.35%	Added +50	+50 0.8%
78	PENNANTPARK INVT CORP COM PNNT	PNNT	87,976	$518.2k0.33%	0.33%	Reduced -997	-997 -1.1%
79	DEXCOM INC COM DXCM	DXCM	3,920	$503.8k0.32%	0.32%	Reduced -193	-193 -4.7%
80	MERCADOLIBRE INC COM MELI	MELI	389	$460.8k0.30%	0.30%	Reduced -28	-28 -6.7%
81	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	989	$438.4k0.28%	0.28%	Unchanged
82	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,271	$433.4k0.28%	0.28%	Added +176	+176 16.1%
83	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	6,318	$408.1k0.26%	0.26%	Reduced -535	-535 -7.8%
84	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	1,091	$403.0k0.26%	0.26%	Reduced -6	-6 -0.6%
85	APOLLO GLOBAL MGMT INC COM APO	APO	5,200	$399.4k0.26%	0.26%	Unchanged
86	COSTCO WHSL CORP NEW COM COST	COST	691	$372.0k0.24%	0.24%	Reduced -23	-23 -3.2%
87	STARBUCKS CORP COM SBUX	SBUX	3,659	$362.5k0.23%	0.23%	Unchanged
88	SCHLUMBERGER LTD COM STK SLB	SLB	7,350	$361.0k0.23%	0.23%	Unchanged
89	DIAGEO PLC SPON ADR NEW DEO	DEO	2,075	$360.0k0.23%	0.23%	Unchanged
90	HANCOCK JOHN TAX-ADVANTAGED COM HTD	HTD	16,900	$344.8k0.22%	0.22%	Reduced -525	-525 -3.0%
91	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	5,310	$339.6k0.22%	0.22%	Added +1.1k	+1,050 24.6%
92	TESLA INC COM TSLA	TSLA	1,294	$338.7k0.22%	0.22%	Reduced -95	-95 -6.8%
93	DIAMONDBACK ENERGY INC COM FANG	FANG	2,527	$331.9k0.21%	0.21%	Reduced -206	-206 -7.5%
94	PIMCO ETF TR ACTIVE BD ETF BOND	BOND	3,433	$314.5k0.20%	0.20%	Reduced -398	-398 -10.4%
95	PENUMBRA INC COM PEN	PEN	884	$304.1k0.20%	0.20%	Reduced -89	-89 -9.2%
96	NETFLIX INC COM NFLX	NFLX	677	$298.2k0.19%	0.19%	Reduced -17	-17 -2.5%
97	ISHARES TR RUS 1000 GRW ETF IWF	IWF	1,067	$293.6k0.19%	0.19%	Unchanged
98	ADVANCED MICRO DEVICES INC COM AMD	AMD	2,525	$287.6k0.18%	0.18%	Reduced -58	-58 -2.2%
99	VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF VGK	VGK	4,410	$272.1k0.17%	0.17%	Reduced -1.0k	-1,000 -18.5%
100	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	4,450	$271.5k0.17%	0.17%	Reduced -450	-450 -9.2%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
SPDR SER TR KRE	KRE	14,033	$615.5k14.0k shares
SPDR SER TR KBE	KBE	9,113	$337.8k9.1k shares