Boston Trust Walden Corp

Other Low signal CIK 1534866
League rank
#768
in Other · #2604 overall
Long book
$12.16B
Q1 2026
Positions
388
Top-10 weight
19%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
7%
of book per quarter

Strategy in plain words

auto-generated from filings

Boston Trust Walden Corp is an institutional manager, running a $12.16B US long book across 388 positions.

The portfolio is broadly diversified across 388 positions (top 10 only 19%). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, MICROSOFT CORP, ALPHABET INC-CL A, ALPHABET INC-CL C, JPMORGAN CHASE & CO.

Over the last 9 quarters its long book ran on average 2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-1.9%
Q2 2024
+8.5%
Q3 2024
-0.3%
Q4 2024
-3.1%
Q1 2025
+2.8%
Q2 2025
+4.1%
Q3 2025
+1.4%
Q4 2025
-2.2%
Q1 2026
+13.0%

Sector allocation

Technology
26%
Industrials
15%
Financials
14%
Healthcare
12%
Consumer discretionary
10%
Other
7%
Services media
5%
Utilities
5%

Long book by quarter

$14.02B
Q1 2024
$13.48B
Q2 2024
$14.37B
Q3 2024
$14.25B
Q4 2024
$13.69B
Q1 2025
$14.02B
Q2 2025
$13.63B
Q3 2025
$13.25B
Q4 2025
$12.16B
Q1 2026

What does Boston Trust own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology1.5M$378.3M3.1%-3.9%
MSFT MICROSOFT CORPTechnology969.2K$358.8M2.9%-3.2%
GOOGL ALPHABET INC-CL ATechnology859.2K$247.1M2.0%-9.0%
GOOG ALPHABET INC-CL CTechnology773.2K$221.8M1.8%-6.0%
JPM JPMORGAN CHASE & COFinancials739.7K$217.6M1.8%-5.4%
NVDA NVIDIA CORPTechnology1.1M$192.3M1.6%-1.2%
ATR APTARGROUP INCOther1.3M$170.1M1.4%-4.6%
DCI DONALDSON CO INCIndustrials1.9M$161.3M1.3%-20.6%
HUBB HUBBELL INCTechnology328.0K$160.9M1.3%-4.2%
JNJ JOHNSON & JOHNSONHealthcare594.1K$145.2M1.2%-11.2%
V VISA INC-CLASS A SHARESServices media476.3K$143.9M1.2%-3.5%
CFR CULLEN/FROST BANKERS INCFinancials967.8K$132.7M1.1%-7.3%
CINF CINCINNATI FINANCIAL CORPFinancials755.8K$118.9M1.0%-2.5%
AIT APPLIED INDUSTRIAL TECH INCConsumer discretionary439.4K$116.6M1.0%-9.2%
COST COSTCO WHOLESALE CORPConsumer discretionary112.8K$112.4M0.9%-2.6%
WTS WATTS WATER TECHNOLOGIES-AIndustrials379.0K$110.0M0.9%-13.4%
GMED GLOBUS MEDICAL INC - AHealthcare1.3M$108.1M0.9%-8.3%
ROST ROSS STORES INCConsumer discretionary481.7K$104.3M0.9%-12.6%
XOM EXXON MOBIL CORPEnergy606.4K$102.9M0.8%-7.7%
MGY MAGNOLIA OIL & GAS CORP - AEnergy3.2M$101.9M0.8%-22.6%
WTRG ESSENTIAL UTILITIES INCUtilities2.5M$99.9M0.8%-3.0%
CB CHUBB LTDFinancials305.4K$99.5M0.8%-6.7%
LFUS LITTELFUSE INCIndustrials291.4K$98.9M0.8%+14.6%
CSCO CISCO SYSTEMS INCTechnology1.3M$98.6M0.8%-4.1%
AMAT APPLIED MATERIALS INCTechnology284.6K$97.3M0.8%-29.1%
CHH CHOICE HOTELS INTL INCServices media930.8K$96.3M0.8%-6.1%
CBSH COMMERCE BANCSHARES INCFinancials1.9M$95.2M0.8%-7.2%
OGS ONE GAS INCUtilities1.1M$93.6M0.8%-1.6%
JAZZ JAZZ PHARMACEUTICALS PLCHealthcare488.7K$92.4M0.8%+24.1%
SYK STRYKER CORPHealthcare280.0K$92.0M0.8%-0.6%
BJ BJ'S WHOLESALE CLUB HOLDINGSConsumer discretionary912.4K$89.8M0.7%-1.3%
QLYS QUALYS INCTechnology1.0M$88.8M0.7%-8.5%
DE DEERE & COIndustrials155.4K$87.5M0.7%-4.6%
IEX IDEX CORPIndustrials452.7K$85.8M0.7%-2.2%
ADP AUTOMATIC DATA PROCESSINGTechnology409.2K$83.1M0.7%-2.1%
COO COOPER COS INC/THEHealthcare1.2M$82.9M0.7%-6.3%
ALLE ALLEGION PLCServices media566.8K$82.3M0.7%+8.1%
SNA SNAP-ON INCIndustrials226.0K$82.1M0.7%+3.8%
JLL JONES LANG LASALLE INCReal estate268.5K$81.7M0.7%-2.8%
SEIC SEI INVESTMENTS COMPANYFinancials1.0M$81.6M0.7%-4.2%
BMI BADGER METER INCTechnology530.2K$80.8M0.7%+4.4%
PEP PEPSICO INCConsumer staples518.1K$80.5M0.7%-6.1%
NDSN NORDSON CORPIndustrials301.8K$80.3M0.7%-13.6%
ACN ACCENTURE PLC-CL AServices media401.1K$79.5M0.7%-4.7%
SFM SPROUTS FARMERS MARKET INCConsumer discretionary1.0M$79.1M0.7%+20.8%
AM ANTERO MIDSTREAM CORPUtilities3.4M$78.2M0.6%-7.4%
CHE CHEMED CORPHealthcare205.2K$77.5M0.6%-7.3%
LECO LINCOLN ELECTRIC HOLDINGSIndustrials305.9K$76.2M0.6%+0.7%
UNP UNION PACIFIC CORPIndustrials309.9K$75.2M0.6%-3.8%
IBOC INTERNATIONAL BANCSHARES CRPFinancials1.1M$73.2M0.6%-8.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 24, 2026613$12.16B canonicalSEC ↗
Q4 202513F-HRJan 28, 2026594$13.25B canonicalSEC ↗
Q3 202513F-HROct 17, 2025603$13.63B canonicalSEC ↗
Q2 202513F-HRJul 28, 2025583$14.02B canonicalSEC ↗
Q1 202513F-HRApr 21, 2025587$13.69B canonicalSEC ↗
Q4 202413F-HRJan 24, 2025594$14.25B canonicalSEC ↗
Q3 202413F-HROct 24, 2024600$14.37B canonicalSEC ↗
Q2 202413F-HRJul 19, 2024594$13.48B canonicalSEC ↗
Q1 202413F-HRApr 22, 2024585$14.02B canonicalSEC ↗