SEC 13F Intelligence

Managers / Q4 2025 · view latest →

MEANS INVESTMENT CO., INC.

CIK 0000701516 · 802 STILLWATER AVENUE, BANGOR, ME, 04401 · (207) 947-6763

Reported Value
$1.2B
Q4 2025
Positions
191
Filings on Record
30
2019–present window
Filed
Jan 26, 2026
original filing

Summary

Means Investment Co., Inc. reported $1.2B in U.S.-listed holdings across 191 positions for Q4 2025.

Its largest position, VOO, represents 17.9% of the portfolio.

Compared with Q3 2025, the fund opened 8 new positions and exited 12.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+64.7%
share of reported value
Largest Position
+17.9%
Vanguard Index Fds
New / Exited
8 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $228MQ1 ’19Q2 ’19: $244MQ3 ’19: $265MQ4 ’19: $298MQ1 ’20: $258MQ1 ’20Q2 ’20: $319MQ3 ’20: $364MQ4 ’20: $439MQ1 ’21: $439MQ1 ’21Q2 ’21: $500MQ3 ’21: $506MQ4 ’21: $566MQ1 ’22: $552MQ1 ’22Q2 ’22: $472MQ3 ’22: $461MQ4 ’22: $499MQ1 ’23: $569MQ1 ’23Q2 ’23: $632MQ3 ’23: $611MQ4 ’23: $694MQ1 ’24: $773MQ1 ’24Q2 ’24: $836MQ3 ’24: $900MQ4 ’24: $961MQ1 ’25: $942MQ1 ’25Q2 ’25: $1.1BQ3 ’25: $1.2BQ4 ’25: $1.2BQ1 ’26: $1.1BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 55.2%Common Stock: 44.2%Closed-End Fund: 0.3%ADR: 0.3%
  • ETP · 55.2% · $656M
  • Common Stock · 44.2% · $524M
  • Closed-End Fund · 0.3% · $4M
  • ADR · 0.3% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FBTCFIDELITY WISE ORIGIN BITCOINNEW+277.2K277.2K+$21M$21M
CRWVCOREWEAVE INCNEW+3.9K3.9K+$276,987$276,987
BABOEING CONEW+1.1K1.1K+$231,450$231,450
CCITIGROUP INCNEW+1.9K1.9K+$226,094$226,094
CMICUMMINS INCNEW+422422+$215,502$215,502
WULFTERAWULF INCNEW+11.1K11.1K+$7,514$7,514
GRABGRAB HOLDINGS LIMITEDNEW+30.5K30.5K+$2,830$2,830
FFORD MTR CONEW+10.0K10.0K+$1,800$1,800

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

153 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VOOVANGUARD INDEX FDSS&P 500 ETF SHS · GROWTH ETF · VALUE ETF · SMALL CP ETF17.88%$212M341.9K
2VEUVANGUARD INTL EQUITY INDEX FALLWRLD EX US · TT WRLD ST ETF7.95%$94M1.28M
3XLGINVESCO EXCHANGE TRADED FD TS&P 500 TOP 50 · BUYBACK ACHIEV · PHARMACEUTICALS7.38%$88M1.47M
4AAPLAPPLE INChistory →COM6.84%$81M298.7K
5MGKVANGUARD WORLD FDMEGA GRWTH IND · MEGA CAP VAL ETF5.02%$60M236.5K
6IMCBISHARES TRMRGSTR MD CP ETF · U.S. MED DVC ETF · S&P 100 ETF · CORE S&P SCP ETF · CORE S&P500 ETF · ISHARES BIOTECH · US AER DEF ETF · RUS MDCP VAL ETF · MRGSTR MD CP GRW · MORNINGSTAR VALU · CORE HIGH DV ETF · CORE MSCI TOTAL · EAFE GRWTH ETF4.27%$51M573.3K
7MSFTMICROSOFT CORPhistory →COM4.14%$49M101.7K
8NVDANVIDIA CORPORATIONhistory →COM4.12%$49M262.5K
9AMZNAMAZON COM INChistory →COM3.69%$44M189.6K
10AMERICAN CENTY ETF TRUS SML CP VALU3.41%$40M396.6K
11XLVSELECT SECTOR SPDR TRSTATE STREET HEA · STATE STREET FIN · STATE STREET REA · STATE STREET TEC · STATE STREET ENE3.18%$38M401.6K
12GOOGALPHABET INCCAP STK CL C · CAP STK CL A2.77%$33M104.7K
13JBNDJ P MORGAN EXCHANGE TRADED FACTIVE BOND ETF · EQUITY PREMIUM · NASDAQ EQT PREM2.16%$26M471.5K
14FBTCFIDELITY WISE ORIGIN BITCOINhistory →SHS1.78%$21M277.2K
15METAMETA PLATFORMS INChistory →CL A1.75%$21M31.4K
16JPMJPMORGAN CHASE & CO.history →COM1.72%$20M63.2K
17PLTRPALANTIR TECHNOLOGIES INChistory →CL A1.27%$15M84.6K
18TSLATESLA INChistory →COM1.01%$12M26.5K
19BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.93%$11M20.6K
20LRCXLAM RESEARCH CORPCOM NEW0.84%$10M58.4K
21AVGOBROADCOM INCCOM0.75%$9M25.8K
22WRBBERKLEY W R CORPCOM0.75%$9M126.5K
23ORCLORACLE CORPCOM0.55%$7M33.6K
24BACBANK AMERICA CORPCOM0.55%$7M118.6K
25VVISA INCCOM CL A0.53%$6M18.0K
26SMHVANECK ETF TRUSTSEMICONDUCTR ETF0.52%$6M17.1K
27CVXCHEVRON CORP NEWCOM0.50%$6M38.8K
28VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.47%$6M38.6K
29ABBVABBVIE INCCOM0.46%$5M24.0K
30WMTWALMART INCCOM0.44%$5M47.3K
31PMPHILIP MORRIS INTL INCCOM0.42%$5M31.3K
32LLYELI LILLY & COCOM0.42%$5M4.7K
33JNJJOHNSON & JOHNSONCOM0.38%$5M21.9K
34CRMSALESFORCE INCCOM0.35%$4M15.7K
35SCHWSCHWAB CHARLES CORPCOM0.34%$4M40.4K
36EXMOCEXXON MOBIL CORPCOM0.33%$4M32.9K
37GSGOLDMAN SACHS GROUP INCCOM0.32%$4M4.4K
38ABTABBOTT LABSCOM0.30%$4M28.3K
39UBERUBER TECHNOLOGIES INCCOM0.29%$3M41.6K
40MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.28%$3M5.6K
41TJXTJX COS INC NEWCOM0.28%$3M21.5K
42PGPROCTER AND GAMBLE COCOM0.27%$3M22.7K
43MRKMERCK & CO INCCOM0.26%$3M29.0K
44NFLXNETFLIX INCCOM0.25%$3M31.3K
45MCDMCDONALDS CORPCOM0.24%$3M9.2K
46RTXRTX CORPORATIONCOM0.23%$3M14.9K
47BXBLACKSTONE INCCOM0.22%$3M16.8K
48MAMASTERCARD INCORPORATEDCL A0.20%$2M4.1K
49PDIPIMCO DYNAMIC INCOME FDSHS0.20%$2M131.5K
50BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.19%$2M15.4K
51IBMINTERNATIONAL BUSINESS MACHSCOM0.19%$2M7.5K
52SHOPSHOPIFY INCCL A SUB VTG SHS0.18%$2M13.2K
53SPYSPDR S&P 500 ETF TRTR UNIT0.17%$2M3.0K
54XHBSPDR SERIES TRUSTSTATE STREET SPD0.16%$2M17.9K
55CACCAMDEN NATL CORPCOM0.16%$2M43.6K
56PYLDPIMCO ETF TRMULTISECTOR BD0.15%$2M68.1K
57HDHOME DEPOT INCCOM0.14%$2M4.7K
58NUENUCOR CORPCOM0.13%$2M9.6K
59CRWDCROWDSTRIKE HLDGS INCCL A0.13%$2M3.4K
60MOALTRIA GROUP INCCOM0.13%$2M26.8K
61PEPPEPSICO INCCOM0.13%$2M10.7K
62CSCOCISCO SYS INCCOM0.13%$2M19.8K
63QQQINVESCO QQQ TRUNIT SER 10.13%$2M2.5K
64CCJCAMECO CORPCOM0.13%$2M16.6K
65NEENEXTERA ENERGY INCCOM0.13%$2M18.7K
66MTBM & T BK CORPCOM0.12%$1M7.3K
67ADXADAMS DIVERSIFIED EQUITY FDCOM0.12%$1M62.5K
68SBUXSTARBUCKS CORPCOM0.12%$1M16.8K
69SOFISOFI TECHNOLOGIES INCCOM0.11%$1M52.1K
70NOWSERVICENOW INCCOM0.11%$1M8.6K
71IDXXIDEXX LABS INCCOM0.11%$1M1.8K
72CATCATERPILLAR INCCOM0.10%$1M2.2K
73DISDISNEY WALT COCOM0.10%$1M10.8K
74KOCOCA COLA COCOM0.10%$1M17.4K
75MUMICRON TECHNOLOGY INCCOM0.10%$1M4.1K
76EMXCISHARES INCMSCI EMRG CHN0.10%$1M16.1K
77BLKBLACKROCK INCCOM0.10%$1M1.1K
78NOCNORTHROP GRUMMAN CORPCOM0.09%$1M1.8K
79MDLZMONDELEZ INTL INCCL A0.09%$1M19.0K
80BMYBRISTOL-MYERS SQUIBB COCOM0.08%$973,31218.0K
81ETNEATON CORP PLCSHS0.08%$962,7283.0K
82PANWPALO ALTO NETWORKS INCCOM0.08%$925,4845.0K
83ADBEADOBE INCCOM0.08%$916,9742.6K
84NVSNOVARTIS AGSPONSORED ADR0.08%$908,1786.6K
85QCOMQUALCOMM INCCOM0.07%$875,1275.1K
86SNOWSNOWFLAKE INCCOM SHS0.07%$837,0343.8K
87AMDADVANCED MICRO DEVICES INCCOM0.07%$835,4383.9K
88DEDEERE & COCOM0.07%$816,4441.8K
89AMGNAMGEN INCCOM0.06%$760,1932.3K
90SOSOUTHERN COCOM0.06%$738,8688.5K
91CBCHUBB LIMITEDCOM0.06%$717,8062.3K
92VZVERIZON COMMUNICATIONS INCCOM0.06%$712,37517.5K
93CARRCARRIER GLOBAL CORPORATIONCOM0.06%$666,18212.6K
94BBARRICK MNG CORPCOM SHS0.06%$657,33715.1K
95COPCONOCOPHILLIPSCOM0.05%$652,0277.0K
96WFCWELLS FARGO CO NEWCOM0.05%$651,3247.0K
97EESWISDOMTREE TRUS SMALLCAP FUND0.05%$620,65410.9K
98LOWLOWES COS INCCOM0.05%$610,1842.5K
99GILDGILEAD SCIENCES INCCOM0.05%$595,6864.9K
100FDNFIRST TR EXCHANGE-TRADED FDDJ INTERNT IDX0.05%$566,8222.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.1B215Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.2B191Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B190Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.1B195Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$942M192Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$961M206Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$900M205Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$836M191Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$773M197Apr 17, 202413F-HRchanges · EDGAR ↗
Q4 2023$694M195Jan 25, 202413F-HRchanges · EDGAR ↗
Q3 2023$611M196Oct 25, 202313F-HRchanges · EDGAR ↗
Q2 2023$632M196Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$569M192May 8, 202313F-HRchanges · EDGAR ↗
Q4 2022$499M196Jan 27, 202313F-HRchanges · EDGAR ↗
Q3 2022$461M194Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$472M192Jul 21, 202213F-HRchanges · EDGAR ↗
Q1 2022$552M192Apr 26, 202213F-HRchanges · EDGAR ↗
Q4 2021$566M222Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$506M215Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$500M219Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$439M199Apr 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$439M191Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$364M158Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$319M152Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$258M142Apr 23, 202013F-HRchanges · EDGAR ↗
Q4 2019$298M152Jan 21, 202013F-HRchanges · EDGAR ↗
Q3 2019$265M137Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$244M134Aug 7, 201913F-HRchanges · EDGAR ↗
Q1 2019$228M137Apr 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.