SEC 13F Intelligence

Managers / Q4 2021 · 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
$467M
Q4 2021
Positions
494
Filings on Record
30
2019–present window
Filed
Jan 20, 2022
original filing

Summary

Hanson & Doremus Investment Management reported $467M in U.S.-listed holdings across 494 positions for Q4 2021.

Its largest position, SCHB, represents 18.7% of the portfolio.

Compared with Q3 2021, the fund opened 24 new positions and exited 16.

Portfolio Metrics

Turnover
+1.6%
vs prior filed quarter
Top-10 Concentration
+49.1%
share of reported value
Largest Position
+18.7%
Schwab U S Broad Market Etf
New / Exited
24 / 16
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: 54.5%Common Stock: 40.5%ADR: 3.7%REIT: 0.9%Other: 0.3%Other: 0.1%
  • ETP · 54.5% · $255M
  • Common Stock · 40.5% · $189M
  • ADR · 3.7% · $17M
  • REIT · 0.9% · $4M
  • Other · 0.3% · $1M
  • Other · 0.1% · $300,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EFAXSPDR MSCI EAFE Fsl Fuel Fr ETFNEW+9.6K9.6K+$804,000$804,000
SPDR MSCI Emerg Fsl Fl Free ETFNEW+6.5K6.5K+$475,000$475,000
CHTRCharter Communications IncNEW+547547+$357,000$357,000
RTXRaytheon Technologies OrdNEW+3.6K3.6K+$312,000$312,000
QQQPowerShares QQQ Trust Sr 1 ETFNEW+400400+$159,000$159,000
Gilat Satellite Networks LtdNEW+12.1K12.1K+$85,000$85,000
PANWPalo Alto NetworksNEW+150150+$84,000$84,000
JPSTJPMorgan Ultra-Short Income ETFNEW+1.0K1.0K+$50,000$50,000

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

Holdings — Q4 2021

492 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHBSchwab U.S. Broad Market ETFhistory →ETF18.70%$87M773.6K
2BNDVanguard Total U.S. Bond Market ETFhistory →ETF6.93%$32M382.3K
3VEAVanguard Developed Market ETFhistory →ETF5.74%$27M525.2K
4BNDXVanguard Total Int'l Bond Market ETFhistory →ETF3.61%$17M305.7K
5VWOVanguard Emerging Market ETFhistory →ETF3.14%$15M296.8K
6SCHFSchwab Int'l Equity ETFhistory →ETF2.86%$13M344.1K
7MSFTMicrosofthistory →COMMON2.84%$13M39.4K
8SCHWThe Charles Schwab Corp.history →COMMON1.95%$9M108.4K
9ESGVVanguard ESG US Stock ETFhistory →ETF1.71%$8M90.8K
10TSMTaiwan Semiconductor ADRhistory →ADR1.60%$7M62.0K
11STXSeagate Technology PLChistory →COMMON1.56%$7M64.3K
12GOOGAlphabet, Inc Cl CCOMMON1.55%$7M2.5K
13AAPLApple Inc.history →COMMON1.35%$6M35.4K
14PFEPfizer Inc.history →COMMON1.29%$6M102.1K
15VSGXVanguard ESG International Stock ETFhistory →ETF1.17%$5M88.3K
16COSTCostcohistory →COMMON1.14%$5M9.3K
17GLWCorninghistory →COMMON1.04%$5M130.7K
18IWDiShares Russell 1000 Val ETFETF0.97%$5M27.1K
19CSCOCisco Systems, Inc.COMMON0.89%$4M65.8K
20VCEBVanguard ESG US Corporate Bond ETFETF0.89%$4M56.5K
21VTEBVanguard Muni Bond ETFETF0.85%$4M72.0K
22VZVerizon Communications Inc.COMMON0.78%$4M70.2K
23BRK/BBerkshire Hathaway Cl BCOMMON0.77%$4M12.1K
24BSVVanguard Short-Term Bond ETFETF0.75%$4M43.5K
25MRKMerckCOMMON0.74%$3M44.8K
26WPPWPPCOMMON0.72%$3M44.8K
27KOCoca-Cola CoCOMMON0.70%$3M55.6K
28VTIVanguard Total Stk Mkt ETFETF0.70%$3M13.5K
29JPMJP Morgan Chase & CoCOMMON0.64%$3M19.0K
30BABoeing Co.COMMON0.56%$3M12.9K
31DUKDuke Energy Corp.COMMON0.54%$3M24.2K
32JNJJohnson & JohnsonCOMMON0.52%$2M14.1K
33IBMIBM Corp.COMMON0.49%$2M17.2K
34SONYSony Group CorpCOMMON0.49%$2M18.1K
35Peoples United Finl IncCOMMON0.48%$2M126.6K
36DISWalt Disney HldgCOMMON0.48%$2M14.6K
37PGProcter & GambleCOMMON0.47%$2M13.5K
38VVisa IncCOMMON0.47%$2M10.1K
39BMYBristol MyersCOMMON0.46%$2M34.7K
40MUNIPIMCO Intermediate Muni Bond ETFETF0.45%$2M37.6K
41WHRWhirlpoolCOMMON0.45%$2M9.0K
42CHEChemed Corp.COMMON0.44%$2M3.9K
43AMZNAmazon.ComCOMMON0.43%$2M605
44EMREmerson Electric Co.COMMON0.43%$2M21.5K
45QRVOQorvo IncCOMMON0.43%$2M12.7K
46CATCaterpillarCOMMON0.43%$2M9.6K
47CVSCVS CorpCOMMON0.42%$2M18.8K
48MDTMedtronic Inc.COMMON0.41%$2M18.5K
49SBUXStarbucksCOMMON0.39%$2M15.7K
50GLDSPDR Gold Trust ETFETF0.38%$2M10.3K
51MCKMcKesson Corp.COMMON0.36%$2M6.7K
52FDXFedex CorporationCOMMON0.36%$2M6.5K
53SPDR S&P 500 Fossil Fl Fr ETFETF0.35%$2M14.0K
54VGSHVanguard Short-Term Treasury ETFETF0.35%$2M26.5K
55SPYSPDR S&P 500 ETFETF0.33%$2M3.3K
56VYXNCR CorporationCOMMON0.33%$2M38.6K
57TIPiShares TIPS Bond ETFETF0.33%$2M11.8K
58GDXVaneck Vectors Gold Miners ETFETF0.32%$1M46.6K
59VUGVanguard Growth ETFETF0.32%$1M4.6K
60ABTAbbott LaboratoriesCOMMON0.31%$1M10.4K
61HONHoneywell InternationalCOMMON0.31%$1M7.0K
62LLYEli Lilly & Co.COMMON0.29%$1M4.9K
63VLOValero EnergyCOMMON0.28%$1M17.6K
64XBISPDR S&P Biotech ETFETF0.28%$1M11.7K
65BWABorg Warner IncCOMMON0.28%$1M28.6K
66AZNNAstraZeneca plc ADRADR0.28%$1M22.1K
67Splunk IncCOMMON0.28%$1M11.1K
68SLBSchlumberger LimitedCOMMON0.27%$1M42.7K
69VTRVentas REIT IncREIT0.27%$1M25.0K
70EXMOCExxon Mobil CorporationCOMMON0.27%$1M20.8K
71WYWeyerhaeuser CompanyCOMMON0.26%$1M30.0K
72TAT&T Inc.COMMON0.26%$1M50.3K
73YUMCYum China Hldgs Inc ComCOMMON0.26%$1M24.6K
74KHCKraft Heinz CompanyCOMMON0.25%$1M32.7K
75MKSIM K S Instruments Inc.COMMON0.25%$1M6.7K
76VOOVanguard 500 ETFETF0.25%$1M2.7K
77AMKRAmkor Technology IncCOMMON0.25%$1M46.7K
78FSLRFirst Solar IncCOMMON0.24%$1M12.9K
79EWBCEast West BancorpCOMMON0.24%$1M14.0K
80IBBiShares NASDAQ Biotech ETFETF0.22%$1M6.8K
81DDominion EnergyCOMMON0.22%$1M13.1K
82ABBVAbbVie Inc.COMMON0.22%$1M7.5K
83Hanesbrands Inc.COMMON0.22%$1M60.7K
84ROPRoper Industries IncCOMMON0.21%$1M2.0K
85ITGRInteger Holdings CorpCOMMON0.21%$986,00011.5K
86LHC Group IncCOMMON0.21%$961,0007.0K
87INTCIntel Corp.COMMON0.20%$952,00018.5K
88WWWWolverine World Wide Inc.COMMON0.20%$926,00032.1K
89BAXBaxter InternationalCOMMON0.20%$920,00010.7K
90TDToronto-Dominion BankCOMMON0.20%$915,00011.9K
91THOThor Industries IncCOMMON0.19%$898,0008.7K
92DEDeere & CompanyCOMMON0.19%$873,0002.5K
93EFAXSPDR MSCI EAFE Fsl Fuel Fr ETFETF0.17%$804,0009.6K
94TRVThe Travelers Companies Inc.COMMON0.17%$790,0005.1K
95MDLZMondelez Int'l Inc.COMMON0.17%$784,00011.8K
96PEPPepsico, Inc.COMMON0.17%$784,0004.5K
97LNTAlliant Energy CorpCOMMON0.16%$757,00012.3K
98Tata Motors Ltd ADRADR0.16%$727,00022.6K
99EMQQ Emerging Markets Intrnt & Ecmrc ETFETF0.15%$716,00016.7K
100VIGVanguard Div Appreciation ETFETF0.15%$712,0004.1K

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 ↗.