Managers / Q3 2020 · view latest →

Hanson & Doremus Investment Management

CIK 0001393944 · 431 PINE STREET, SUITE 302, PO BOX 819, BURLINGTON, VT, 05402-0819 · 802-658-2668

Reported Value

$335M

Q3 2020

Positions

415

Filings on Record

2019–present window

Filed

Oct 19, 2020

original filing

Summary

Hanson & Doremus Investment Management reported $335M in U.S.-listed holdings across 415 positions for Q3 2020.

Its largest position, SCHB, represents 18.0% of the portfolio.

Compared with Q2 2020, the fund opened 14 new positions and exited 31.

Portfolio Metrics

Turnover

+3.3%

vs prior filed quarter

Top-10 Concentration

+49.3%

share of reported value

Largest Position

+18.0%

Schwab U S Broad Market Etf

New / Exited

14 / 31

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

Portfolio Composition

By security type

ETP · 52.5% · $176M
Common Stock · 40.0% · $134M
ADR · 4.2% · $14M
Other · 1.9% · $6M
REIT · 1.3% · $4M
Other · 0.1% · $393,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
EFAX SPDR MSCI EAFE Fsl Fuel Fr ETF	NEW	+10.2K	10.2K	+$698,000	$698,000
DGRO iShares Core Dividend Growth ETF	NEW	+9.9K	9.9K	+$392,000	$392,000
MINT PIMCO Enhanced Short Maturity Active ETF	NEW	+2.9K	2.9K	+$300,000	$300,000
FANUY Fanuc Corp	NEW	+10.4K	10.4K	+$199,000	$199,000
TGT Target Corp.	NEW	+414	414	+$65,000	$65,000
UBER Uber Technologies Inc	NEW	+1.3K	1.3K	+$46,000	$46,000
IGSB Ishares Tr Sh Tr Corporate ETF	NEW	+560	560	+$31,000	$31,000
ICLN iShares Global Clean Energy	NEW	+1.3K	1.3K	+$23,000	$23,000

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

Holdings — Q3 2020

414 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	SCHB Schwab U.S. Broad Market ETF history →	ETF	18.03%	$60M	758.4K
2	BND Vanguard Total U.S. Bond Market ETF history →	ETF	8.15%	$27M	309.5K
3	VEA Vanguard Developed Market ETF history →	ETF	5.38%	$18M	441.0K
4	BNDX Vanguard Total Int'l Bond Market ETF history →	ETF	4.16%	$14M	239.5K
5	VWO Vanguard Emerging Market ETF history →	ETF	3.54%	$12M	273.9K
6	SCHF Schwab Int'l Equity ETF history →	ETF	3.03%	$10M	322.9K
7	MSFT Microsoft history →	Common	2.64%	$9M	42.0K
8	TSM Taiwan Semiconductor ADR history →	ADR	1.64%	$5M	67.7K
9	VZ Verizon Communications Inc.history →	Common	1.38%	$5M	77.8K
10	GLW Corning history →	Common	1.37%	$5M	141.9K
11	SCHW The Charles Schwab Corp.history →	Common	1.25%	$4M	115.9K
12	PFE Pfizer Inc.history →	Common	1.25%	$4M	113.6K
13	AAPL Apple Inc.history →	Common	1.19%	$4M	34.3K
14	Seagate Technology PLC	Common	1.15%	$4M	78.1K
15	COST Costco history →	Common	1.10%	$4M	10.4K
16	GOOG Alphabet, Inc Cl C	Common	1.06%	$4M	2.4K
17	IWD iShares Russell 1000 Val ETF	ETF	0.96%	$3M	27.1K
18	BSV Vanguard Short Term Bd Idx ETF	ETF	0.93%	$3M	37.5K
19	KO Coca-Cola Co	Common	0.82%	$3M	55.4K
20	CSCO Cisco Systems, Inc.	Common	0.81%	$3M	69.0K
21	DUK Duke Energy Corp.	Common	0.73%	$2M	27.7K
22	T AT&T Inc.	Common	0.73%	$2M	85.8K
23	BMY Bristol Myers	Common	0.71%	$2M	39.5K
24	BRK/B Berkshire Hathaway Cl B	Common	0.69%	$2M	10.9K
25	VTI Vanguard Total Stk Mkt ETF	ETF	0.68%	$2M	13.4K
26	VTEB Vanguard Muni Bond ETF	ETF	0.65%	$2M	40.1K
27	MRK Merck	Common	0.65%	$2M	26.1K
28	JNJ Johnson & Johnson	Common	0.62%	$2M	13.9K
29	BA Boeing Co.	Common	0.61%	$2M	12.4K
30	PG Procter & Gamble	Common	0.60%	$2M	14.5K
31	CHE Chemed Corp.	Common	0.60%	$2M	4.2K
32	IBM IBM Corp.	Common	0.59%	$2M	16.2K
33	WHR Whirlpool	Common	0.59%	$2M	10.7K
34	GDX Vaneck Vectors Gold Miners ETF	ETF	0.58%	$2M	49.4K
35	QRVO Qorvo Inc	Common	0.57%	$2M	14.7K
36	ESGV Vanguard ESG US Stock ETF	ETF	0.56%	$2M	30.4K
37	JPM JP Morgan Chase & Co	Common	0.55%	$2M	19.3K
38	FDX Fedex Corporation	Common	0.55%	$2M	7.4K
39	SONY Sony Corp. ADR	ADR	0.55%	$2M	23.9K
40	Peoples United Finl Inc	Common	0.55%	$2M	177.7K
41	GLD SPDR Gold Trust ETF	ETF	0.53%	$2M	10.1K
42	CAT Caterpillar	Common	0.50%	$2M	11.3K
43	MDT Medtronic Inc.	Common	0.50%	$2M	16.0K
44	Stericycle Inc	Common	0.48%	$2M	25.4K
45	VTR Ventas REIT Inc	REIT	0.47%	$2M	37.1K
46	EMR Emerson Electric Co.	Common	0.46%	$2M	23.3K
47	V Visa Inc	Common	0.44%	$1M	7.4K
48	DIS Walt Disney Hldg	Common	0.43%	$1M	11.7K
49	VSGX Vanguard ESG International Stock ETF	ETF	0.43%	$1M	27.8K
50	AZNN AstraZeneca plc ADR	ADR	0.40%	$1M	24.6K
51	Hanesbrands Inc.	Common	0.39%	$1M	82.4K
52	SPDR S&P 500 Fossil Fl Fr ETF	ETF	0.38%	$1M	15.3K
53	WPP WPP	Common	0.38%	$1M	32.3K
54	ABT Abbott Laboratories	Common	0.36%	$1M	11.1K
55	WY Weyerhaeuser Company	Common	0.36%	$1M	42.3K
56	Glaxo Smithkline ADR	ADR	0.36%	$1M	31.8K
57	VYX NCR Corporation	Common	0.35%	$1M	52.6K
58	VOD Vodafone Group ADR	ADR	0.34%	$1M	86.1K
59	FSLR First Solar Inc	Common	0.33%	$1M	16.9K
60	SPY SPDR S&P 500 ETF	ETF	0.33%	$1M	3.3K
61	BWA Borg Warner Inc	Common	0.33%	$1M	28.2K
62	HON Honeywell International	Common	0.32%	$1M	6.6K
63	MCK McKesson Corp.	Common	0.31%	$1M	7.0K
64	VLO Valero Energy	Common	0.30%	$1M	23.5K
65	SBUX Starbucks	Common	0.30%	$1M	11.8K
66	IBB iShares NASDAQ Biotech ETF	ETF	0.30%	$999,000	7.4K
67	INTC Intel Corp.	Common	0.30%	$994,000	19.2K
68	WWW Wolverine World Wide Inc.	Common	0.30%	$991,000	38.4K
69	XBI SPDR S&P Biotech ETF	ETF	0.29%	$957,000	8.6K
70	YUMC Yum China Hldgs Inc Com	Common	0.29%	$956,000	18.1K
71	WU Western Union Co	Common	0.28%	$947,000	44.2K
72	BAX Baxter International	Common	0.28%	$940,000	11.7K
73	VUG Vanguard Growth ETF	ETF	0.28%	$938,000	4.1K
74	MUNI PIMCO Intermediate Muni Bond ETF	ETF	0.27%	$907,000	16.1K
75	TIP iShares TIPS Bond ETF	ETF	0.26%	$870,000	6.9K
76	AMZN Amazon.Com	Common	0.26%	$869,000	276
77	CVS CVS Corp	Common	0.26%	$860,000	14.7K
78	KHC Kraft Heinz Company	Common	0.26%	$859,000	28.7K
79	THO Thor Industries Inc	Common	0.25%	$853,000	9.0K
80	MDLZ Mondelez Int'l Inc.	Common	0.25%	$821,000	14.3K
81	LLY Eli Lilly & Co.	Common	0.23%	$784,000	5.3K
82	ITGR Integer Holdings Corp	Common	0.23%	$773,000	13.1K
83	EXMOC Exxon Mobil Corporation	Common	0.23%	$757,000	22.0K
84	D Dominion Resources	Common	0.23%	$754,000	9.6K
85	MKSI M K S Instruments Inc.	Common	0.22%	$745,000	6.8K
86	VOO Vanguard 500 ETF	ETF	0.21%	$708,000	2.3K
87	EFAX SPDR MSCI EAFE Fsl Fuel Fr ETF	ETF	0.21%	$698,000	10.2K
88	ABBV AbbVie Inc.	Common	0.21%	$691,000	7.9K
89	TRV The Travelers Companies Inc.	Common	0.20%	$666,000	6.2K
90	HUM Humana	Common	0.20%	$665,000	1.6K
91	LNT Alliant Energy Corp	Common	0.20%	$663,000	12.8K
92	Royal Dutch Shell ADR	ADR	0.19%	$648,000	25.8K
93	PEP Pepsico, Inc.	Common	0.19%	$638,000	4.6K
94	DE Deere & Company	Common	0.19%	$632,000	2.9K
95	CBU Community Bank System	Common	0.19%	$627,000	11.5K
96	SLB Schlumberger Limited	Common	0.18%	$611,000	39.3K
97	AMKR Amkor Technology Inc	Common	0.18%	$607,000	54.2K
98	TD Toronto-Dominion Bank	Common	0.17%	$585,000	12.6K
99	BIDU Baidu Inc ADR	ADR	0.16%	$547,000	4.3K
100	CME CME Group Inc.	Common	0.16%	$546,000	3.3K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$869M	534	Apr 17, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$832M	484	Jan 20, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$794M	500	Oct 15, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$748M	474	Jul 17, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$685M	467	Apr 17, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$639M	453	Jan 23, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$630M	422	Oct 17, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$597M	454	Aug 8, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$580M	472	Apr 22, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$530M	472	Jan 25, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$485M	420	Oct 24, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$481M	444	Jul 18, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$450M	455	Apr 18, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$465M	524	Jan 18, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$387M	512	Oct 20, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$409M	527	Jul 19, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$465M	508	Apr 22, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$467M	494	Jan 20, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$433M	486	Oct 21, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$335M	415	Jul 22, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$432M	532	May 3, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$402M	435	Feb 1, 2021	13F-HR	changes · EDGAR ↗
Q3 2020	$335M	415	Oct 19, 2020	13F-HR	changes · EDGAR ↗
Q2 2020	$316M	434	Jul 17, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	$294M	452	Apr 24, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$349M	449	Jan 16, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$322M	452	Oct 18, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$315M	471	Jul 18, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$304M	450	Apr 23, 2019	13F-HR	changes · EDGAR ↗
Q4 2018	$277M	451	Jan 31, 2019	13F-HR	changes · 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 ↗.