SEC 13F Intelligence

Managers / Q1 2026

Hanson & Doremus Investment Management

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

Reported Value
$869M
Q1 2026
Positions
534
Filings on Record
30
2019–present window
Filed
Apr 17, 2026
original filing

Summary

Hanson & Doremus Investment Management reported $869M in U.S.-listed holdings across 534 positions for Q1 2026.

The portfolio is heavily concentrated: SCHB alone accounts for 20.3% of reported value.

Compared with Q4 2025, the fund opened 77 new positions and exited 27.

Portfolio Metrics

Turnover
+3.7%
vs prior filed quarter
Top-10 Concentration
+55.6%
share of reported value
Largest Position
+20.3%
Schwab U S Broad Market Etf
New / Exited
77 / 27
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: 58.2%Common Stock: 37.8%ADR: 3.4%REIT: 0.4%Other: 0.2%Other: 0.0%
  • ETP · 58.2% · $506M
  • Common Stock · 37.8% · $328M
  • ADR · 3.4% · $30M
  • REIT · 0.4% · $3M
  • Other · 0.2% · $2M
  • Other · 0.0% · $224,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BRK/ABerkshire Hathaway Inc.NEW+33+$2M$2M
AMTAmerican Tower REITNEW+7.6K7.6K+$1M$1M
AZNAstraZeneca PLCNEW+6.0K6.0K+$1M$1M
CMTVCommunity BancorpNEW+14.3K14.3K+$445,000$445,000
Flex Ltd.NEW+3.5K3.5K+$227,000$227,000
FITBFifth Third BancorpNEW+3.7K3.7K+$173,000$173,000
BMOBank Montreal QuebecNEW+1.0K1.0K+$135,000$135,000
WATWaters CorpNEW+392392+$117,000$117,000

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

Holdings — Q1 2026

498 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHBSchwab U.S. Broad Market ETFhistory →ETF20.33%$177M7.04M
2VGITVanguard Intermediate Treasury ETFhistory →ETF8.11%$70M1.18M
3VEAVanguard Developed Market ETFhistory →ETF5.98%$52M811.8K
4VCITVanguard Intermediate Corporate ETFhistory →ETF5.89%$51M618.7K
5VWOVanguard Emerging Market ETFhistory →ETF3.10%$27M498.6K
6TSMTaiwan Semiconductor ADRhistory →ADR3.06%$27M78.8K
7ESGVVanguard ESG US Stock ETFhistory →ETF2.94%$26M227.9K
8GLWCorninghistory →COMMON2.15%$19M137.7K
9MSFTMicrosofthistory →COMMON2.03%$18M47.7K
10VSGXVanguard ESG International Stock ETFhistory →ETF2.03%$18M245.6K
11GOOGLAlphabet, Inc. Cl ACOMMON2.00%$17M60.4K
12SCHFSchwab Int'l Equity ETFhistory →ETF1.77%$15M621.8K
13VCEBVanguard ESG US Corporate Bond ETFhistory →ETF1.53%$13M211.9K
14STXSeagate Technology PLChistory →COMMON1.50%$13M33.3K
15AAPLApple Inc.history →COMMON1.46%$13M50.0K
16SCHWThe Charles Schwab Corp.history →COMMON1.37%$12M126.6K
17VTEBVanguard Tax-Exempt Bond ETFhistory →ETF1.33%$12M231.2K
18BRK/BBerkshire Hathaway Cl BCOMMON1.33%$12M19.6K
19COSTCostcohistory →COMMON1.27%$11M11.0K
20MRKMerckCOMMON0.82%$7M58.9K
21VVisa IncCOMMON0.76%$7M21.8K
22CBChubb LimitedCOMMON0.73%$6M19.3K
23IBMIBM Corp.COMMON0.72%$6M25.8K
24TRMKTrustmark Corp.COMMON0.68%$6M139.4K
25AMZNAmazon.ComCOMMON0.67%$6M27.8K
26IWDiShares Russell 1000 Val ETFETF0.63%$5M25.7K
27CATCaterpillarCOMMON0.62%$5M7.6K
28JPMJP Morgan Chase & CoCOMMON0.61%$5M18.0K
29VTIVanguard Total Stk Mkt ETFETF0.60%$5M16.2K
30EXMOCExxon Mobil CorporationCOMMON0.56%$5M28.7K
31NINisource Inc.COMMON0.54%$5M100.9K
32AVGOBroadcom LtdCOMMON0.52%$5M14.6K
33CSCOCisco Systems, Inc.COMMON0.52%$5M58.1K
34MDTMedtronic Inc.COMMON0.50%$4M50.3K
35SLBSchlumberger LimitedCOMMON0.48%$4M81.5K
36AMGNAmgen IncorporatedCOMMON0.45%$4M11.2K
37JNJJohnson & JohnsonCOMMON0.45%$4M15.8K
38GLDSPDR Gold Trust ETFETF0.43%$4M8.7K
39VLOValero EnergyCOMMON0.41%$4M14.3K
40KOCoca-Cola CoCOMMON0.40%$3M45.6K
41ABBVAbbVie Inc.COMMON0.39%$3M15.7K
42HONHoneywell InternationalCOMMON0.39%$3M15.1K
43BABoeing Co.COMMON0.39%$3M17.0K
44LLYEli Lilly & Co.COMMON0.39%$3M3.7K
45MUNIPIMCO Intermediate Muni Bond ETFETF0.38%$3M64.1K
46PGProcter & GambleCOMMON0.36%$3M21.6K
47WMTWal-Mart StoresCOMMON0.33%$3M23.1K
48TSLATesla MotorsCOMMON0.33%$3M7.7K
49ABTAbbott LaboratoriesCOMMON0.30%$3M25.4K
50YUMCYum China Hldgs Inc ComCOMMON0.29%$3M52.0K
51ISRGIntuitive SurgicalCOMMON0.28%$2M5.3K
52IQVIQVIA Holdings Inc.COMMON0.28%$2M14.1K
53GDXVaneck Vectors Gold Miners ETFETF0.28%$2M26.1K
54EMREmerson Electric Co.COMMON0.27%$2M18.2K
55IOTSamsara Inc.COMMON0.27%$2M74.2K
56SPYSPDR S&P 500 ETFETF0.27%$2M3.6K
57XYLXylem IncCOMMON0.26%$2M18.8K
58ATRAptarGroup, IncCOMMON0.26%$2M17.6K
59VUGVanguard Growth ETFETF0.25%$2M4.9K
60WMWaste Management IncCOMMON0.24%$2M9.1K
61VOOVanguard 500 ETFETF0.24%$2M3.5K
62FSLRFirst Solar IncCOMMON0.24%$2M10.5K
63GE AerospaceCOMMON0.23%$2M7.1K
64DUKDuke Energy CorporationCOMMON0.23%$2M15.0K
65ROPRoper Industries IncCOMMON0.21%$2M5.1K
66MCKMcKesson Corp.COMMON0.20%$2M2.0K
67PCORProcore Technologies, Inc.COMMON0.20%$2M30.1K
68NVDANvidia CorpCOMMON0.19%$2M9.7K
69NCLHNorwegian Cruise Line Holding LtdCOMMON0.19%$2M87.9K
70PFEPfizer Inc.COMMON0.19%$2M58.3K
71TDToronto-Dominion BankCOMMON0.19%$2M17.4K
72NSCNorfolk SouthernCOMMON0.19%$2M5.6K
73MKSIM K S Instruments Inc.COMMON0.18%$2M6.9K
74MCDMcDonald's CorpCOMMON0.17%$1M4.7K
75DOVDover CorporationCOMMON0.16%$1M6.8K
76CVXChevron Corp.COMMON0.16%$1M6.7K
77AMKRAmkor Technology IncCOMMON0.16%$1M30.1K
78SPDR S&P 500 Fossil Fl Fr ETFETF0.16%$1M25.5K
79VZVerizon Communications Inc.COMMON0.15%$1M26.3K
80AMTAmerican Tower REITREIT0.15%$1M7.6K
81TRVThe Travelers Companies Inc.COMMON0.14%$1M4.2K
82FDXFedex CorporationCOMMON0.14%$1M3.4K
83AXPAmerican Express CompanyCOMMON0.14%$1M3.9K
84AZNAstraZeneca PLCCOMMON0.14%$1M6.0K
85BMYBristol MyersCOMMON0.14%$1M19.5K
86CHEChemed Corp.COMMON0.13%$1M3.1K
87SONYSony Group CorpCOMMON0.13%$1M55.4K
88PEPPepsico, Inc.COMMON0.13%$1M7.3K
89IAUIshares Gold ETFETF0.13%$1M12.7K
90DISWalt Disney HldgCOMMON0.13%$1M11.5K
91DEDeere & CompanyCOMMON0.12%$1M1.9K
92CSXCSX CorpCOMMON0.12%$1M25.5K
93NEENextera EnergyCOMMON0.11%$939,00010.1K
94GEVGE Vernova Inc.COMMON0.11%$924,0001.1K
95MTBM&T Bank CorpCOMMON0.10%$912,0004.4K
96COPConoco PhillipsCOMMON0.10%$908,0006.9K
97Brookfield Renewable Corp Ordinary Shares - ClassCOMMON0.10%$882,00022.1K
98INTCIntel Corp.COMMON0.10%$869,00019.7K
99HDHome DepotCOMMON0.10%$857,0002.6K
100EWBCEast West BancorpCOMMON0.10%$840,0007.9K

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 ↗.