# EDGAR Filing Document

**Accession Number:** 0001714341
**File Stem:** 0001714341-23-000001
**Filing Date:** 2023-2
**Character Count:** 14399
**Document Hash:** e5f193699fd5862d33e2481922dbcd79
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001714341-23-000001.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001714341-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Abbot Financial Management, Inc.
- **CENTRAL INDEX KEY:** 0001714341
- **IRS NUMBER:** 042795076
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18115
- **FILM NUMBER:** 23602563

**BUSINESS ADDRESS:**
- **STREET 1:** 510 TURNPIKE STREET
- **STREET 2:** SUITE #101
- **CITY:** NORTH ANDOVER
- **STATE:** MA
- **ZIP:** 01845
- **BUSINESS PHONE:** 9786889010

**MAIL ADDRESS:**
- **STREET 1:** 510 TURNPIKE STREET
- **STREET 2:** SUITE #101
- **CITY:** NORTH ANDOVER
- **STATE:** MA
- **ZIP:** 01845

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Abbot Financial Management Inc.<br>**Address:** 510 TURNPIKE STREET<br>SUITE #101<br>NORTH ANDOVER, MA 01845

**Form 13F File Number:** 028-18115

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:** Andrew Novelline<br>**Title:** President<br>**Phone:** 9786889010

**Signature, Place, and Date of Signing:**

Andrew Novelline  North Andover, MA  02-09-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

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

[ ] **13F NOTICE.** (Check here if no holdings are reported 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:** 112

**Form 13F Information Table Value Total:** $146204

      (round to nearest dollar)

**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**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 914331 | 8328 | SH |  | SOLE |  | 8328 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 3418284 | 71752 | SH |  | SOLE |  | 71752 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 2790629 | 18413 | SH |  | SOLE |  | 18413 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1135973 | 13075 | SH |  | SOLE |  | 13075 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 1893272 | 20869 | SH |  | SOLE |  | 20869 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 228530 | 1067 | SH |  | SOLE |  | 1067 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1375920 | 16380 | SH |  | SOLE |  | 16380 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 1197538 | 18936 | SH |  | SOLE |  | 18936 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 7600008 | 58493 | SH |  | SOLE |  | 58493 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 3521014 | 106311 | SH |  | SOLE |  | 106311 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1263251 | 7038 | SH |  | SOLE |  | 7038 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 1942573 | 20845 | SH |  | SOLE |  | 20845 | 0 | 0 |
| HANCOCK JOHN TAX-ADVANTAGED | COM | 41013V100 |  | 416624 | 18225 | SH |  | SOLE |  | 18225 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 3650643 | 32904 | SH |  | SOLE |  | 32904 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 9174122 | 38254 | SH |  | SOLE |  | 38254 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 2813378 | 54906 | SH |  | SOLE |  | 54906 | 0 | 0 |
| SPDR SER TR | S REGL BKG | 78464A698 |  | 824298 | 14033 | SH |  | SOLE |  | 14033 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 826636 | 5830 | SH |  | SOLE |  | 5830 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 2923629 | 19253 | SH |  | SOLE |  | 19253 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 245280 | 3856 | SH |  | SOLE |  | 3856 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 2042140 | 21259 | SH |  | SOLE |  | 21259 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 1359793 | 7851 | SH |  | SOLE |  | 7851 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 700393 | 14050 | SH |  | SOLE |  | 14050 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 518938 | 6250 | SH |  | SOLE |  | 6250 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 3396769 | 18802 | SH |  | SOLE |  | 18802 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 1410074 | 13972 | SH |  | SOLE |  | 13972 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1257727 | 31922 | SH |  | SOLE |  | 31922 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 2392062 | 13719 | SH |  | SOLE |  | 13719 | 0 | 0 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 346602 | 3831 | SH |  | SOLE |  | 3831 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 2137152 | 10486 | SH |  | SOLE |  | 10486 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 996655 | 8311 | SH |  | SOLE |  | 8311 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 2885708 | 17856 | SH |  | SOLE |  | 17856 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 1178737 | 16385 | SH |  | SOLE |  | 16385 | 0 | 0 |
| BUNGE LIMITED | COM | G16962105 |  | 2247798 | 22530 | SH |  | SOLE |  | 22530 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 704372 | 6889 | SH |  | SOLE |  | 6889 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 1019072 | 7890 | SH |  | SOLE |  | 7890 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 2004804 | 58620 | SH |  | SOLE |  | 58620 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 33734X846 |  | 1311011 | 33868 | SH |  | SOLE |  | 33868 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1520513 | 57530 | SH |  | SOLE |  | 57530 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | DYNMC BIOTECH | 46137V787 |  | 998490 | 15725 | SH |  | SOLE |  | 15725 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3126352 | 17698 | SH |  | SOLE |  | 17698 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 4422873 | 32982 | SH |  | SOLE |  | 32982 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1444787 | 10643 | SH |  | SOLE |  | 10643 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 3267997 | 6718 | SH |  | SOLE |  | 6718 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 963931 | 12409 | SH |  | SOLE |  | 12409 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1542688 | 18145 | SH |  | SOLE |  | 18145 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 3211035 | 27442 | SH |  | SOLE |  | 27442 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1662109 | 11373 | SH |  | SOLE |  | 11373 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 2658287 | 21362 | SH |  | SOLE |  | 21362 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 1841501 | 57655 | SH |  | SOLE |  | 57655 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1528401 | 9251 | SH |  | SOLE |  | 9251 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 752113 | 40854 | SH |  | SOLE |  | 40854 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 1961947 | 26445 | SH |  | SOLE |  | 26445 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 1108652 | 5820 | SH |  | SOLE |  | 5820 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 306507 | 4260 | SH |  | SOLE |  | 4260 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 227582 | 950 | SH |  | SOLE |  | 950 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 632268 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 694118 | 6293 | SH |  | SOLE |  | 6293 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1975500 | 7496 | SH |  | SOLE |  | 7496 | 0 | 0 |
| SPDR SER TR | PRTFLO S GW | 78464A409 |  | 253350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 945113 | 12184 | SH |  | SOLE |  | 12184 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 465756 | 4113 | SH |  | SOLE |  | 4113 | 0 | 0 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 933635 | 3764 | SH |  | SOLE |  | 3764 | 0 | 0 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 1318249 | 29281 | SH |  | SOLE |  | 29281 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 940577 | 9577 | SH |  | SOLE |  | 9577 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL TEC | 46137V282 |  | 737056 | 3033 | SH |  | SOLE |  | 3033 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 430736 | 509 | SH |  | SOLE |  | 509 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 297481 | 4348 | SH |  | SOLE |  | 4348 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 313617 | 1746 | SH |  | SOLE |  | 1746 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 3353669 | 15737 | SH |  | SOLE |  | 15737 | 0 | 0 |
| PENUMBRA INC | COM | 70975L107 |  | 271179 | 1219 | SH |  | SOLE |  | 1219 | 0 | 0 |
| FIRST REP BK SAN FRANCISCO C | COM | 33616C100 |  | 283138 | 2323 | SH |  | SOLE |  | 2323 | 0 | 0 |
| ISHARES TR | EXPONENTIAL TECH | 46434V381 |  | 493562 | 10426 | SH |  | SOLE |  | 10426 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 271522 | 1985 | SH |  | SOLE |  | 1985 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 288086 | 1017 | SH |  | SOLE |  | 1017 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 |  | 237868 | 6853 | SH |  | SOLE |  | 6853 | 0 | 0 |
| SPDR SER TR | S BK ETF | 78464A797 |  | 416283 | 9220 | SH |  | SOLE |  | 9220 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78468R853 |  | 248904 | 6733 | SH |  | SOLE |  | 6733 | 0 | 0 |
| ASPEN AEROGELS INC | COM | 04523Y105 |  | 129831 | 11012 | SH |  | SOLE |  | 11012 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2612510 | 8271 | SH |  | SOLE |  | 8271 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 616932 | 4699 | SH |  | SOLE |  | 4699 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3134812 | 35530 | SH |  | SOLE |  | 35530 | 0 | 0 |
| PENNANTPARK INVT CORP | COM | 708062104 |  | 511576 | 88970 | SH |  | SOLE |  | 88970 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 392931 | 7350 | SH |  | SOLE |  | 7350 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 340124 | 6135 | SH |  | SOLE |  | 6135 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 910299 | 6485 | SH |  | SOLE |  | 6485 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 292375 | 1098 | SH |  | SOLE |  | 1098 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 310204 | 1660 | SH |  | SOLE |  | 1660 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 367009 | 2768 | SH |  | SOLE |  | 2768 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 331708 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 777753 | 25105 | SH |  | SOLE |  | 25105 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1261367 | 9285 | SH |  | SOLE |  | 9285 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 695049 | 4981 | SH |  | SOLE |  | 4981 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 378223 | 989 | SH |  | SOLE |  | 989 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 914382 | 7749 | SH |  | SOLE |  | 7749 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 363072 | 3660 | SH |  | SOLE |  | 3660 | 0 | 0 |
| UNDER ARMOUR INC | CL A | 904311107 |  | 123281 | 12134 | SH |  | SOLE |  | 12134 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 338246 | 1095 | SH |  | SOLE |  | 1095 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 744046 | 41153 | SH |  | SOLE |  | 41153 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | FINL PFD ETF | 46137V621 |  | 157680 | 10950 | SH |  | SOLE |  | 10950 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 771645 | 2652 | SH |  | SOLE |  | 2652 | 0 | 0 |
| SAFETY INS GROUP INC | COM | 78648T100 |  | 795920 | 9446 | SH |  | SOLE |  | 9446 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 650997 | 15511 | SH |  | SOLE |  | 15511 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 689269 | 2236 | SH |  | SOLE |  | 2236 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 369744 | 2075 | SH |  | SOLE |  | 2075 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 295173 | 647 | SH |  | SOLE |  | 647 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 688184 | 3120 | SH |  | SOLE |  | 3120 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 612516 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 689415 | 10250 | SH |  | SOLE |  | 10250 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 421961 | 180 | SH |  | SOLE |  | 180 | 0 | 0 |
| SENSEONICS HLDGS INC | COM | 81727U105 |  | 11845 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| UNDER ARMOUR INC | CL C | 904311206 |  | 90672 | 10165 | SH |  | SOLE |  | 10165 | 0 | 0 |

---