Penobscot Investment Management Company, Inc.
Penobscot Investment Management Company, Inc. is an independent, employee-owned investment advisory firm headquartered in Boston, MA. Founded in 1981, it provides discretionary and non-discretionary portfolio management services to high net worth individuals, families, charitable organizations, and a small number of institutional clients. The firm is staffed by an experienced team of investment professionals and support staff, with a total employee count of about 15, nearly half of whom are in investment roles. It is registered with the SEC and manages over $1 billion in assets.
Investment Strategy
Penobscot Investment Management Company employs a disciplined, research-driven investment strategy focused on building diversified portfolios tailored to each client's long-term objectives and risk tolerance. The firm primarily manages portfolios of equities and fixed-income securities, using both fundamental and quantitative analysis to identify high-quality investments. Client relationships are built on personal service, and the investment approach emphasizes capital preservation, risk management, and steady growth through prudent security selection and asset allocation. The primary client base consists of high net worth individuals, trusts, foundations, and a small number of corporate and institutional clients.
Top Holdings
Equity Positions (316)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 6.22% | $80.8M | 432,866 | $44.17 | $186.58 | +$12.2M |
A AAPL | APPLE INC | 5.82% | $75.6M | 296,946 | $96.04 | $254.63 | +$15.9M |
M MSFT | MICROSOFT CORP | 5.43% | $70.5M | 136,176 | $153.23 | $517.95 | +$4.8M |
A AVGO | BROADCOM INC | 4.51% | $58.6M | 177,717 | $231.84 | $329.91 | +$8.5M |
J JPM | JPMORGAN CHASE & CO. | 3.48% | $45.1M | 143,121 | $117.89 | $315.43 | +$5.3M |