UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
06-30-2023
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
New England Research & Management, Inc.
Address:
53 W. JACKSON BLVD.
SUITE 603
CHICAGO, IL 60604
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Sara Freer
Title:
Chief Communications Officer
Phone:
3122121704


Signature, Place, and Date of Signing:

Sara Freer
                         [Signature]
Chicago, ILLINOIS
                 [City, State]
07-05-2023
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
133
Form 13F Information table Value Total:
172395
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M Corp.CS88579Y1013423,420SHSOLE3,420 0 0
AMN Healthcare ServicesCS0017441018667,940SHSOLE7,940 0 0
APA CorporationCS03741110553015,525SHSOLE15,525 0 0
AbbVie Inc.CS00287y1097995,933SHSOLE5,933 0 0
Abbott LabsCS0028241002,09019,174SHSOLE19,174 0 0
Adobe SystemsCS00724F101281575SHSOLE575 0 0
Advanced Micro DevicesCS0079031071,43812,625SHSOLE12,625 0 0
Albemarle Corp.CS0126531011,1995,376SHSOLE5,376 0 0
AllstateCS0200021012182,000SHSOLE2,000 0 0
Alphabet Inc Class ACS02079k3053,60130,081SHSOLE30,081 0 0
Alphabet Inc Class CCS02079k1071,41111,660SHSOLE11,660 0 0
Amazon, Inc.CS0231351061,30410,000SHSOLE10,000 0 0
American Water WorksCS0304201034853,400SHSOLE3,400 0 0
AmgenCS0311621003,15914,230SHSOLE14,230 0 0
Analog DevicesCS0326541051,6228,325SHSOLE8,325 0 0
Apple ComputerCS0378331005,74329,606SHSOLE29,606 0 0
AstrazenecaCS0463531084766,650SHSOLE6,650 0 0
BallCS0584981064728,105SHSOLE8,105 0 0
Berkshire Hathaway BCS0846707022,7778,145SHSOLE8,145 0 0
BoeingCS0970231055502,603SHSOLE2,603 0 0
Bristol Myers SquibbCS1101221083,07948,152SHSOLE48,152 0 0
CSX CorpCS1264081033,711108,819SHSOLE108,819 0 0
Canadian Pacific Kansas City LCS13646k1082,47830,681SHSOLE30,681 0 0
Carrier GlobalCS14448c1041,52330,647SHSOLE30,647 0 0
Charles SchwabCS8085131051,71330,230SHSOLE30,230 0 0
Chevron CorporationCS1667641001,3228,400SHSOLE8,400 0 0
ChubbCSh1467j1041,3346,930SHSOLE6,930 0 0
Church and DwightCS1713401025,91459,000SHSOLE59,000 0 0
CintasCS1729081055341,075SHSOLE1,075 0 0
Cisco SystemsCS17275R1022,30544,557SHSOLE44,557 0 0
Citizens Financial GroupCS17461010539815,265SHSOLE15,265 0 0
Coca-ColaCS1912161003,30154,813SHSOLE54,813 0 0
Colgate-PalmoliveCS1941621036398,288SHSOLE8,288 0 0
Comcast Corp Cl ACS20030n1012876,900SHSOLE6,900 0 0
ConAgra FoodsCS2058871021,03830,775SHSOLE30,775 0 0
ConocoPhillipsCS20825C1041,79017,275SHSOLE17,275 0 0
CorningCS21935010536910,525SHSOLE10,525 0 0
Crown Castle Inc.CS22822V1013903,420SHSOLE3,420 0 0
DanaherCS2358511021,7097,121SHSOLE7,121 0 0
Darden RestaurantsCS2371941052661,591SHSOLE1,591 0 0
Darling Ingredients Inc.CS2372661013495,475SHSOLE5,475 0 0
Devon EnergyCS25179M1031,16124,025SHSOLE24,025 0 0
EQT CorpCS26884l1091,93146,950SHSOLE46,950 0 0
Elevance Health Inc.CS0367521031,3883,125SHSOLE3,125 0 0
Eli LillyCS5324571088421,795SHSOLE1,795 0 0
Emerson ElectricCS2910111047938,773SHSOLE8,773 0 0
Enbridge IncCS29250N1052877,725SHSOLE7,725 0 0
Equinor ASACS29446M1022809,595SHSOLE9,595 0 0
Estee LauderCS5184391042,21911,298SHSOLE11,298 0 0
Exxon MobilCS30231G1022,12419,805SHSOLE19,805 0 0
FluorCS34341210235411,950SHSOLE11,950 0 0
General ElectricCS3696043013303,003SHSOLE3,003 0 0
General MillsCS3703341041,52119,825SHSOLE19,825 0 0
GlaxoSmithKline ADSCS37733W20479422,270SHSOLE22,270 0 0
Global Medical REIT Inc.CS37954A2049310,142SHSOLE10,142 0 0
Honeywell Int'l.CS4385161063,35916,189SHSOLE16,189 0 0
InMode Ltd.CSM5425M1032185,825SHSOLE5,825 0 0
Independent BankCS45383610864014,383SHSOLE14,383 0 0
Installed Building Products InCS45780r1012701,925SHSOLE1,925 0 0
Int'l Bus. Mach.CS4592001012,43418,192SHSOLE18,192 0 0
Intuit Inc.CS461202103263575SHSOLE575 0 0
Invitation Homes Inc.CS46187w1071,32838,594SHSOLE38,594 0 0
J.M. Smucker CompanyCS8326964055543,750SHSOLE3,750 0 0
Jacobs Solutions Inc.CS4698141073,17726,725SHSOLE26,725 0 0
Johnson & JohnsonCS4781601045,06730,613SHSOLE30,613 0 0
KelloggCS4878361081,53622,785SHSOLE22,785 0 0
Kimberly ClarkCS4943681033,24623,513SHSOLE23,513 0 0
L3Harris TechnologiesCS5024311091,1085,660SHSOLE5,660 0 0
Leidos Holdings, Inc.CS5253271022673,013SHSOLE3,013 0 0
Linde PLCCSg549501035531,450SHSOLE1,450 0 0
LyondellBasell IndustriesCSn537451001,40715,325SHSOLE15,325 0 0
Marathon PetroleumCS56585a1022321,993SHSOLE1,993 0 0
Marvell TechnologiesCS5738741044387,325SHSOLE7,325 0 0
MaxLinear, Inc.CS57776j10035911,374SHSOLE11,374 0 0
McDonald'sCS5801351011,3234,432SHSOLE4,432 0 0
Medtronic PLCCSg5960l1031,67018,954SHSOLE18,954 0 0
MerckCS58933y1051,88416,324SHSOLE16,324 0 0
MicrosoftCS5949181044,80114,098SHSOLE14,098 0 0
Morgan StanleyCS6174464481,45517,042SHSOLE17,042 0 0
NetflixCS64110l106363825SHSOLE825 0 0
Newmont MiningCS65163910646510,900SHSOLE10,900 0 0
NextEra Energy Inc.CS65339f1011,68822,750SHSOLE22,750 0 0
Nike Inc Class BCS6541061032,23520,252SHSOLE20,252 0 0
Norfolk SouthernCS6558441082551,125SHSOLE1,125 0 0
Northrop GrummanCS6668071021,1382,497SHSOLE2,497 0 0
OrganonCS68622v10645621,926SHSOLE21,926 0 0
Ovintiv Inc.CS69047Q1022275,950SHSOLE5,950 0 0
PaccarCS6937181081,51218,075SHSOLE18,075 0 0
PayPalCS70450y1031,05915,875SHSOLE15,875 0 0
PepsicoCS7134481081,1196,043SHSOLE6,043 0 0
PfizerCS7170811032,95880,650SHSOLE80,650 0 0
Pioneer Natural ResourcesCS7237871071,3526,525SHSOLE6,525 0 0
Procter & GambleCS7427181091,4039,246SHSOLE9,246 0 0
Prudential FinancialCS7443201021,10812,564SHSOLE12,564 0 0
Quanta ServicesCS74762e1021,5998,138SHSOLE8,138 0 0
Regeneron PharmaceuticalsCS75886f107675940SHSOLE940 0 0
Restaurant Brands Int'lCS76131d1035507,099SHSOLE7,099 0 0
Revance TherapeuticsCS7613301092258,875SHSOLE8,875 0 0
Rexford Industrial Realty, IncCS76169C1004959,475SHSOLE9,475 0 0
Roche Holdings LtdCS77119510471318,675SHSOLE18,675 0 0
SchlumbergerCS8068571082705,492SHSOLE5,492 0 0
Sherwin-WilliamsCS8243481063251,225SHSOLE1,225 0 0
Simon Property GroupCS8288061091,29611,225SHSOLE11,225 0 0
Sonoco Products CompanyCS83549510264610,950SHSOLE10,950 0 0
StarbucksCS8552441096146,195SHSOLE6,195 0 0
Sysco CorpCS8718291072,08828,134SHSOLE28,134 0 0
Take Two Interactive SoftwareCS8740541095263,575SHSOLE3,575 0 0
TargetCS87612E1061,74113,200SHSOLE13,200 0 0
TeradyneCS8807701021,1089,950SHSOLE9,950 0 0
TextronCS8832031014536,700SHSOLE6,700 0 0
The FRS CompanyCSaci076053 0 114,324SHSOLE114,324 0 0
TimkenCS8873891041,28614,050SHSOLE14,050 0 0
Tower SemiconductorCSm879152742316,150SHSOLE6,150 0 0
TransDigm Group IncorporatedCS893641100514575SHSOLE575 0 0
Truist Financial CorpCS89832q1091,18739,105SHSOLE39,105 0 0
UPSCS9113121063,85121,482SHSOLE21,482 0 0
Union PacificCS9078181081,8759,161SHSOLE9,161 0 0
United HealthcareCS91324P1021,2692,640SHSOLE2,640 0 0
United Rentals, Inc.CS9113631092,8486,395SHSOLE6,395 0 0
United Therapeutics CorporatioCS91307C1021,3866,280SHSOLE6,280 0 0
ValeroCS91913Y1008186,975SHSOLE6,975 0 0
Verizon Comm.CS92343V10464417,309SHSOLE17,309 0 0
VisaCS92826c8391,0394,375SHSOLE4,375 0 0
W.P. Carey & Co.CS92936u1093745,537SHSOLE5,537 0 0
Walmart Inc.CS9311421034743,016SHSOLE3,016 0 0
Walt DisneyCS2546871061,43616,087SHSOLE16,087 0 0
Washington TrustCS9406101081,12842,069SHSOLE42,069 0 0
Waste Connections, Inc.CS94106B1014313,014SHSOLE3,014 0 0
Waste Management Inc.CS94106l1091,1496,625SHSOLE6,625 0 0
WatersCS9418481034221,585SHSOLE1,585 0 0
Xylem IncCS98419m1003092,744SHSOLE2,744 0 0
Zebra TechnologiesCS9892071053991,350SHSOLE1,350 0 0
Zoetis IncCS98978v1033,14318,253SHSOLE18,253 0 0