SEC 13F Intelligence

Managers / Q4 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
$402M
Q4 2020
Positions
435
Filings on Record
30
2019–present window
Filed
Feb 1, 2021
original filing

Summary

Hanson & Doremus Investment Management reported $402M in U.S.-listed holdings across 435 positions for Q4 2020.

Its largest position, SCHB, represents 17.5% of the portfolio.

Compared with Q3 2020, the fund opened 35 new positions and exited 15.

Portfolio Metrics

Turnover
+0.5%
vs prior filed quarter
Top-10 Concentration
+47.6%
share of reported value
Largest Position
+17.5%
Schwab U S Broad Market Etf
New / Exited
35 / 15
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
Q4 ’18: $277MQ4 ’18Q1 ’19: $304MQ2 ’19: $315MQ3 ’19: $322MQ4 ’19: $349MQ4 ’19Q1 ’20: $294MQ2 ’20: $316MQ3 ’20: $335MQ4 ’20: $402MQ4 ’20Q1 ’21: $432MQ2 ’21: $335MQ3 ’21: $433MQ4 ’21: $467MQ4 ’21Q1 ’22: $465MQ2 ’22: $409MQ3 ’22: $387MQ4 ’22: $465MQ4 ’22Q1 ’23: $450MQ2 ’23: $481MQ3 ’23: $485MQ4 ’23: $530MQ4 ’23Q1 ’24: $580MQ2 ’24: $597MQ3 ’24: $630MQ4 ’24: $639MQ4 ’24Q1 ’25: $685MQ2 ’25: $748MQ3 ’25: $794MQ4 ’25: $832MQ4 ’25Q1 ’26: $869Mfilingsflow.com

Portfolio Composition

By security type
ETP: 50.0%Common Stock: 41.9%ADR: 4.7%Other: 2.0%REIT: 1.2%Other: 0.2%
  • ETP · 50.0% · $201M
  • Common Stock · 41.9% · $169M
  • ADR · 4.7% · $19M
  • Other · 2.0% · $8M
  • REIT · 1.2% · $5M
  • Other · 0.2% · $928,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Splunk IncNEW+2.0K2.0K+$333,000$333,000
VTRSViatris IncNEW+13.4K13.4K+$251,000$251,000
VSTVistra Energy CorpNEW+8.0K8.0K+$158,000$158,000
SWKStanley Black & DeckerNEW+400400+$71,000$71,000
MBBiShares MBS ETFNEW+530530+$58,000$58,000
IWFiShares Russell 1000 Growth ETFNEW+223223+$54,000$54,000
FHLCFidelity MSCI Health Care ETFNEW+785785+$45,000$45,000
OGEOGE Energy Corp.NEW+1.2K1.2K+$38,000$38,000

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

Holdings — Q4 2020

434 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHBSchwab U.S. Broad Market ETFhistory →ETF17.49%$70M773.4K
2BNDVanguard Total U.S. Bond Market ETFhistory →ETF6.97%$28M318.1K
3VEAVanguard Developed Market ETFhistory →ETF5.56%$22M474.3K
4BNDXVanguard Total Int'l Bond Market ETFhistory →ETF3.66%$15M251.5K
5VWOVanguard Emerging Market ETFhistory →ETF3.43%$14M275.7K
6SCHFSchwab Int'l Equity ETFhistory →ETF2.94%$12M328.8K
7MSFTMicrosofthistory →COMMON2.60%$10M47.1K
8TSMTaiwan Semiconductor ADRhistory →ADR2.00%$8M73.8K
9SCHWThe Charles Schwab Corp.history →COMMON1.60%$6M121.2K
10GLWCorninghistory →COMMON1.37%$6M153.2K
11GOOGAlphabet, Inc Cl CCOMMON1.28%$5M2.9K
12VZVerizon Communications Inc.history →COMMON1.22%$5M83.3K
13Seagate Technology PLCCOMMON1.21%$5M78.4K
14AAPLApple Inc.history →COMMON1.16%$5M35.2K
15PFEPfizer Inc.history →COMMON1.12%$5M122.5K
16COSTCostcohistory →COMMON1.09%$4M11.6K
17IWDiShares Russell 1000 Val ETFETF0.93%$4M27.4K
18KOCoca-Cola CoCOMMON0.90%$4M66.4K
19CSCOCisco Systems, Inc.COMMON0.90%$4M81.3K
20BRK/BBerkshire Hathaway Cl BCOMMON0.85%$3M14.8K
21BSVVanguard Short Term Bd Idx ETFETF0.78%$3M37.8K
22JPMJP Morgan Chase & CoCOMMON0.75%$3M23.8K
23BABoeing Co.COMMON0.72%$3M13.6K
24MRKMerckCOMMON0.70%$3M34.5K
25DISWalt Disney HldgCOMMON0.69%$3M15.3K
26VTIVanguard Total Stk Mkt ETFETF0.67%$3M13.9K
27TAT&T Inc.COMMON0.65%$3M90.3K
28PGProcter & GambleCOMMON0.63%$3M18.4K
29CHEChemed Corp.COMMON0.63%$3M4.8K
30ESGVVanguard ESG US Stock ETFETF0.63%$3M35.9K
31JNJJohnson & JohnsonCOMMON0.62%$3M15.9K
32BMYBristol MyersCOMMON0.62%$2M40.0K
33DUKDuke Energy Corp.COMMON0.61%$2M26.6K
34EMREmerson Electric Co.COMMON0.61%$2M30.3K
35VTEBVanguard Muni Bond ETFETF0.60%$2M44.1K
36SONYSony Corp. ADRADR0.59%$2M23.4K
37QRVOQorvo IncCOMMON0.58%$2M14.0K
38IBMIBM Corp.COMMON0.55%$2M17.6K
39WPPWPPCOMMON0.55%$2M40.7K
40Peoples United Finl IncCOMMON0.52%$2M163.1K
41MDTMedtronic Inc.COMMON0.50%$2M17.3K
42VSGXVanguard ESG International Stock ETFETF0.50%$2M33.7K
43VVisa IncCOMMON0.48%$2M8.9K
44CATCaterpillarCOMMON0.48%$2M10.6K
45WHRWhirlpoolCOMMON0.47%$2M10.5K
46FDXFedex CorporationCOMMON0.47%$2M7.3K
47VYXNCR CorporationCOMMON0.46%$2M49.4K
48GLDSPDR Gold Trust ETFETF0.45%$2M10.1K
49ABTAbbott LaboratoriesCOMMON0.45%$2M16.5K
50GDXVaneck Vectors Gold Miners ETFETF0.44%$2M49.6K
51VTRVentas REIT IncREIT0.41%$2M33.8K
52Stericycle IncCOMMON0.40%$2M23.5K
53TDToronto-Dominion BankCOMMON0.39%$2M27.9K
54HONHoneywell InternationalCOMMON0.39%$2M7.4K
55SBUXStarbucksCOMMON0.38%$2M14.3K
56FSLRFirst Solar IncCOMMON0.38%$2M15.3K
57INTCIntel Corp.COMMON0.37%$1M29.9K
58WYWeyerhaeuser CompanyCOMMON0.36%$1M43.6K
59SPDR S&P 500 Fossil Fl Fr ETFETF0.35%$1M15.3K
60VODVodafone Group ADRADR0.32%$1M78.8K
61TIPiShares TIPS Bond ETFETF0.31%$1M9.8K
62XBISPDR S&P Biotech ETFETF0.31%$1M8.8K
63SPYSPDR S&P 500 ETFETF0.31%$1M3.3K
64MCKMcKesson Corp.COMMON0.31%$1M7.1K
65AZNNAstraZeneca plc ADRADR0.30%$1M24.1K
66Glaxo Smithkline ADRADR0.30%$1M32.4K
67VLOValero EnergyCOMMON0.29%$1M20.7K
68BWABorg Warner IncCOMMON0.29%$1M29.9K
69AMZNAmazon.ComCOMMON0.28%$1M352
70WWWWolverine World Wide Inc.COMMON0.28%$1M36.5K
71CVSCVS CorpCOMMON0.28%$1M16.6K
72EXMOCExxon Mobil CorporationCOMMON0.28%$1M27.1K
73YUMCYum China Hldgs Inc ComCOMMON0.28%$1M19.4K
74Hanesbrands Inc.COMMON0.27%$1M75.4K
75KHCKraft Heinz CompanyCOMMON0.27%$1M31.7K
76IBBiShares NASDAQ Biotech ETFETF0.26%$1M7.0K
77WUWestern Union CoCOMMON0.26%$1M47.4K
78ITGRInteger Holdings CorpCOMMON0.26%$1M12.7K
79WMTWal-Mart StoresCOMMON0.25%$1M7.1K
80MKSIM K S Instruments Inc.COMMON0.25%$1M6.7K
81MUNIPIMCO Intermediate Muni Bond ETFETF0.25%$995,00017.5K
82VUGVanguard Growth ETFETF0.24%$974,0003.8K
83BAXBaxter InternationalCOMMON0.24%$971,00012.1K
84NSCNorfolk SouthernCOMMON0.24%$965,0004.1K
85MDLZMondelez Int'l Inc.COMMON0.24%$948,00016.2K
86THOThor Industries IncCOMMON0.23%$945,00010.2K
87DEDeere & CompanyCOMMON0.23%$942,0003.5K
88BIDUBaidu Inc ADRADR0.23%$906,0004.2K
89ABBVAbbVie Inc.COMMON0.22%$867,0008.1K
90NEENextera EnergyCOMMON0.21%$854,00011.1K
91TRVThe Travelers Companies Inc.COMMON0.21%$851,0006.1K
92LLYEli Lilly & Co.COMMON0.21%$849,0005.0K
93EWBCEast West BancorpCOMMON0.21%$841,00016.6K
94APDAir Products & Chemicals Inc.COMMON0.21%$840,0003.1K
95SLBSchlumberger LimitedCOMMON0.20%$811,00037.1K
96AMKRAmkor Technology IncCOMMON0.20%$806,00053.5K
97EFAXSPDR MSCI EAFE Fsl Fuel Fr ETFETF0.20%$795,00010.2K
98VOOVanguard 500 ETFETF0.20%$791,0002.3K
99General Electric Co.COMMON0.20%$785,00072.7K
100DDominion ResourcesCOMMON0.19%$773,00010.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$869M534Apr 17, 202613F-HRchanges · EDGAR ↗
Q4 2025$832M484Jan 20, 202613F-HRchanges · EDGAR ↗
Q3 2025$794M500Oct 15, 202513F-HRchanges · EDGAR ↗
Q2 2025$748M474Jul 17, 202513F-HRchanges · EDGAR ↗
Q1 2025$685M467Apr 17, 202513F-HRchanges · EDGAR ↗
Q4 2024$639M453Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$630M422Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$597M454Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$580M472Apr 22, 202413F-HRchanges · EDGAR ↗
Q4 2023$530M472Jan 25, 202413F-HRchanges · EDGAR ↗
Q3 2023$485M420Oct 24, 202313F-HRchanges · EDGAR ↗
Q2 2023$481M444Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023$450M455Apr 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$465M524Jan 18, 202313F-HRchanges · EDGAR ↗
Q3 2022$387M512Oct 20, 202213F-HRchanges · EDGAR ↗
Q2 2022$409M527Jul 19, 202213F-HRchanges · EDGAR ↗
Q1 2022$465M508Apr 22, 202213F-HRchanges · EDGAR ↗
Q4 2021$467M494Jan 20, 202213F-HRchanges · EDGAR ↗
Q3 2021$433M486Oct 21, 202113F-HRchanges · EDGAR ↗
Q2 2021$335M415Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$432M532May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$402M435Feb 1, 202113F-HRchanges · EDGAR ↗
Q3 2020$335M415Oct 19, 202013F-HRchanges · EDGAR ↗
Q2 2020$316M434Jul 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$294M452Apr 24, 202013F-HRchanges · EDGAR ↗
Q4 2019$349M449Jan 16, 202013F-HRchanges · EDGAR ↗
Q3 2019$322M452Oct 18, 201913F-HRchanges · EDGAR ↗
Q2 2019$315M471Jul 18, 201913F-HRchanges · EDGAR ↗
Q1 2019$304M450Apr 23, 201913F-HRchanges · EDGAR ↗
Q4 2018$277M451Jan 31, 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 ↗.