SEC 13F Intelligence

Managers / Q1 2025 · 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
$685M
Q1 2025
Positions
467
Filings on Record
30
2019–present window
Filed
Apr 17, 2025
original filing

Summary

Hanson & Doremus Investment Management reported $685M in U.S.-listed holdings across 467 positions for Q1 2025.

Its largest position, SCHB, represents 19.8% of the portfolio.

Compared with Q4 2024, the fund opened 47 new positions and exited 33.

Portfolio Metrics

Turnover
+2.7%
vs prior filed quarter
Top-10 Concentration
+54.2%
share of reported value
Largest Position
+19.8%
Schwab U S Broad Market Etf
New / Exited
47 / 33
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: 57.0%Common Stock: 39.1%ADR: 3.0%REIT: 0.7%Other: 0.2%Other: 0.0%
  • ETP · 57.0% · $390M
  • Common Stock · 39.1% · $267M
  • ADR · 3.0% · $20M
  • REIT · 0.7% · $5M
  • Other · 0.2% · $2M
  • Other · 0.0% · $297,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALRSAlerus Finl CorpNEW+15.5K15.5K+$287,000$287,000
IWMIshares Trust Russell 2000 Indx ETFNEW+669669+$133,000$133,000
VITLVital Farms, Inc.NEW+4.3K4.3K+$130,000$130,000
HPQHP IncNEW+4.2K4.2K+$116,000$116,000
FMBFirst Trust Managed Municipal ETFNEW+2.2K2.2K+$113,000$113,000
CVSCVS CorpNEW+1.5K1.5K+$102,000$102,000
Hologic IncNEW+1.6K1.6K+$99,000$99,000
MCHPMicrochip Technology Inc.NEW+2.0K2.0K+$97,000$97,000

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

Holdings — Q1 2025

466 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHBSchwab U.S. Broad Market ETFhistory →ETF19.76%$135M6.28M
2VGITVanguard Intermediate Treasury ETFhistory →ETF7.87%$54M907.3K
3VCITVanguard Intermediate Corporate ETFhistory →ETF5.93%$41M496.4K
4VEAVanguard Developed Market ETFhistory →ETF5.70%$39M767.7K
5ESGVVanguard ESG US Stock ETFhistory →ETF3.13%$21M218.6K
6VWOVanguard Emerging Market ETFhistory →ETF2.98%$20M450.7K
7MSFTMicrosofthistory →COMMON2.67%$18M48.8K
8TSMTaiwan Semiconductor ADRhistory →ADR2.30%$16M94.9K
9VSGXVanguard ESG International Stock ETFhistory →ETF1.99%$14M231.1K
10SCHFSchwab Int'l Equity ETFhistory →ETF1.90%$13M656.2K
11AAPLApple Inc.history →COMMON1.65%$11M51.0K
12COSTCostcohistory →COMMON1.57%$11M11.4K
13GOOGLAlphabet, Inc. Cl ACOMMON1.57%$11M69.0K
14SCHWThe Charles Schwab Corp.history →COMMON1.55%$11M136.0K
15VCEBVanguard ESG US Corporate Bond ETFhistory →ETF1.45%$10M157.8K
16VVisa Inchistory →COMMON1.14%$8M22.3K
17GLWCorninghistory →COMMON1.04%$7M155.7K
18IBMIBM Corp.COMMON1.00%$7M27.5K
19AMZNAmazon.ComCOMMON0.87%$6M31.3K
20MRKMerckCOMMON0.81%$6M61.5K
21JPMJP Morgan Chase & CoCOMMON0.77%$5M21.5K
22IWDiShares Russell 1000 Val ETFETF0.75%$5M27.4K
23VTEBVanguard Muni Bond ETFETF0.74%$5M102.3K
24NINisource Inc.COMMON0.73%$5M123.9K
25TRMKTrustmark Corp.COMMON0.70%$5M139.8K
26DISWalt Disney HldgCOMMON0.68%$5M47.4K
27MDTMedtronic Inc.COMMON0.66%$4M50.1K
28VTIVanguard Total Stk Mkt ETFETF0.63%$4M15.6K
29CSCOCisco Systems, Inc.COMMON0.63%$4M69.4K
30CBChubb LimitedCOMMON0.62%$4M14.1K
31ROPRoper Industries IncCOMMON0.58%$4M6.7K
32PFEPfizer Inc.COMMON0.57%$4M154.4K
33PGProcter & GambleCOMMON0.54%$4M21.7K
34STXSeagate Technology PLCCOMMON0.54%$4M43.4K
35KOCoca-Cola CoCOMMON0.53%$4M50.4K
36HONHoneywell InternationalCOMMON0.50%$3M16.3K
37ABTAbbott LaboratoriesCOMMON0.49%$3M25.4K
38ABBVAbbVie Inc.COMMON0.49%$3M16.0K
39KRCKilroy Realty Corp REITREIT0.49%$3M101.8K
40EXMOCExxon Mobil CorporationCOMMON0.47%$3M27.1K
41LLYEli Lilly & Co.COMMON0.46%$3M3.8K
42YUMCYum China Hldgs Inc ComCOMMON0.46%$3M60.1K
43AMGNAmgen IncorporatedCOMMON0.45%$3M9.9K
44SLBSchlumberger LimitedCOMMON0.44%$3M72.8K
45IOTSamsara Inc.COMMON0.44%$3M78.9K
46CATCaterpillarCOMMON0.40%$3M8.3K
47ATRAptarGroup, IncCOMMON0.40%$3M18.3K
48BABoeing Co.COMMON0.39%$3M15.8K
49GLDSPDR Gold Trust ETFETF0.39%$3M9.2K
50MUNIPIMCO Intermediate Muni Bond ETFETF0.39%$3M51.3K
51JNJJohnson & JohnsonCOMMON0.37%$3M15.2K
52AVGOBroadcom LtdCOMMON0.33%$2M13.3K
53CHEChemed Corp.COMMON0.31%$2M3.5K
54MCKMcKesson Corp.COMMON0.31%$2M3.2K
55EMREmerson Electric Co.COMMON0.30%$2M19.0K
56VLOValero EnergyCOMMON0.30%$2M15.6K
57GDXVaneck Vectors Gold Miners ETFETF0.30%$2M44.5K
58PCORProcore Technologies, Inc.COMMON0.29%$2M30.5K
59WMTWal-Mart StoresCOMMON0.29%$2M22.9K
60DUKDuke Energy CorporationCOMMON0.29%$2M16.4K
61IQVIQVIA Holdings Inc.COMMON0.29%$2M11.1K
62VUGVanguard Growth ETFETF0.27%$2M4.9K
63NCLHNorwegian Cruise Line Holding LtdCOMMON0.26%$2M94.4K
64SPYSPDR S&P 500 ETFETF0.26%$2M3.1K
65SONYSony Group CorpCOMMON0.25%$2M68.5K
66VOOVanguard 500 ETFETF0.25%$2M3.4K
67APDAir Products & Chemicals Inc.COMMON0.25%$2M5.9K
68MCDMcDonald's CorpCOMMON0.22%$1M4.8K
69VZVerizon Communications Inc.COMMON0.20%$1M30.2K
70TRVThe Travelers Companies Inc.COMMON0.20%$1M5.2K
71FSLRFirst Solar IncCOMMON0.19%$1M10.4K
72GE AerospaceCOMMON0.19%$1M6.4K
73DEDeere & CompanyCOMMON0.19%$1M2.7K
74SPDR S&P 500 Fossil Fl Fr ETFETF0.18%$1M26.5K
75DOVDover CorporationCOMMON0.17%$1M6.6K
76BMYBristol MyersCOMMON0.17%$1M18.9K
77TDToronto-Dominion BankCOMMON0.15%$1M17.7K
78AZNNAstraZeneca plc ADRADR0.15%$1M14.4K
79AXPAmerican Express CompanyCOMMON0.15%$1M3.9K
80XYLXylem IncCOMMON0.15%$1M8.4K
81Unilever PLC ADRADR0.14%$981,00016.5K
82HDHome DepotCOMMON0.14%$957,0002.6K
83PEPPepsico, Inc.COMMON0.14%$940,0006.3K
84FDXFedex CorporationCOMMON0.14%$939,0003.9K
85NSCNorfolk SouthernCOMMON0.14%$933,0003.9K
86INGRIngredion IncorporatedCOMMON0.14%$931,0006.9K
87CVXChevron Corp.COMMON0.13%$919,0005.5K
88NVDANvidia CorpCOMMON0.13%$856,0007.9K
89IAUIshares Gold ETFETF0.12%$827,00014.0K
90COPConoco PhillipsCOMMON0.12%$811,0007.7K
91TIPiShares TIPS Bond ETFETF0.12%$800,0007.2K
92MTBM&T Bank CorpCOMMON0.12%$799,0004.5K
93CSXCSX CorpCOMMON0.11%$768,00026.1K
94EWBCEast West BancorpCOMMON0.11%$736,0008.2K
95ISRGIntuitive SurgicalCOMMON0.10%$683,0001.4K
96ITGRInteger Holdings CorpCOMMON0.10%$680,0005.8K
97BDXBecton Dickinson & CoCOMMON0.10%$672,0002.9K
98LNTAlliant Energy CorpCOMMON0.10%$653,00010.2K
99ADPAuto Data ProcessingCOMMON0.09%$621,0002.0K
100CLColgate-PalmoliveCOMMON0.09%$620,0006.6K

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 ↗.