# Hanson & Doremus Investment Management

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1393944. Source: https://holderbook.com/funds/1393944-hanson-doremus-investment-management/

- Reported value: $982.7M
- Positions: 484
- Weight of the ten largest: 57.7%
- Filed: 2026-07-29

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $203.7M | 7,035,343 | 20.7% | 31 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $76.0M | 1,288,716 | 7.7% | 13 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $54.6M | 661,001 | 5.6% | 27 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $54.3M | 762,468 | 5.5% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $35.1M | 73,468 | 3.6% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $32.7M | 128,087 | 3.3% | 31 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $30.4M | 31,488 | 3.1% | 20 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $30.2M | 505,810 | 3.1% | 31 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $30.1M | 227,643 | 3.1% | 29 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $19.7M | 238,759 | 2.0% | 29 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $17.3M | 46,336 | 1.8% | 31 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $17.2M | 620,286 | 1.7% | 31 |
| VANGUARD WORLD FD | [VCEB](https://holderbook.com/stocks/VCEB/) | $14.0M | 223,513 | 1.4% | 20 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $13.5M | 46,676 | 1.4% | 31 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $12.3M | 244,169 | 1.3% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $11.3M | 122,781 | 1.2% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $11.1M | 31,099 | 1.1% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $9.7M | 19,319 | 1.0% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $9.5M | 10,126 | 1.0% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $9.3M | 26,393 | 0.9% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $8.0M | 7,512 | 0.8% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $7.4M | 21,710 | 0.8% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $7.2M | 56,094 | 0.7% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $7.2M | 25,471 | 0.7% | 31 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $6.5M | 18,946 | 0.7% | 31 |
| TRUSTMARK CORP | [TRMK](https://holderbook.com/stocks/TRMK/) | $6.4M | 139,397 | 0.7% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $6.3M | 53,752 | 0.6% | 31 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $6.2M | 25,718 | 0.6% | 26 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.1M | 25,506 | 0.6% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.8M | 17,847 | 0.6% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.8M | 15,369 | 0.6% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $5.3M | 14,376 | 0.5% | 31 |
| NISOURCE INC | [NI](https://holderbook.com/stocks/NI/) | $4.7M | 97,886 | 0.5% | 13 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $4.4M | 3,655 | 0.4% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $4.2M | 16,581 | 0.4% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $4.1M | 16,303 | 0.4% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $4.0M | 10,917 | 0.4% | 31 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $3.9M | 17,050 | 0.4% | 1 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $3.8M | 48,578 | 0.4% | 31 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $3.7M | 80,338 | 0.4% | 31 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $3.7M | 14,256 | 0.4% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $3.6M | 44,192 | 0.4% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.6M | 26,142 | 0.4% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $3.5M | 16,402 | 0.4% | 31 |
| PIMCO ETF TR | [MUNI](https://holderbook.com/stocks/MUNI/) | $3.3M | 63,541 | 0.3% | 27 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $3.1M | 8,475 | 0.3% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.1M | 21,210 | 0.3% | 31 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $3.0M | 15,442 | 0.3% | 20 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $2.7M | 12,310 | 0.3% | 10 |
| MKS INC. | [MKSI](https://holderbook.com/stocks/MKSI/) | $2.6M | 5,933 | 0.3% | 31 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $2.6M | 18,644 | 0.3% | 1 |
| AMKOR TECHNOLOGY INC | [AMKR](https://holderbook.com/stocks/AMKR/) | $2.6M | 29,624 | 0.3% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.5M | 18,199 | 0.3% | 31 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $2.5M | 21,415 | 0.3% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $2.5M | 6,747 | 0.3% | 20 |
| FIRST SOLAR INC | [FSLR](https://holderbook.com/stocks/FSLR/) | $2.5M | 10,610 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $2.5M | 28,602 | 0.3% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $2.4M | 16,811 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.4M | 3,464 | 0.2% | 27 |
| SAMSARA INC | [IOT](https://holderbook.com/stocks/IOT/) | $2.4M | 72,675 | 0.2% | 11 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.3M | 7,811 | 0.2% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.3M | 20,396 | 0.2% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.3M | 25,194 | 0.2% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.3M | 3,030 | 0.2% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $2.2M | 5,501 | 0.2% | 7 |
| APTARGROUP INC | [ATR](https://holderbook.com/stocks/ATR/) | $2.2M | 17,347 | 0.2% | 18 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $2.1M | 50,838 | 0.2% | 29 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $2.0M | 26,144 | 0.2% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.8M | 2,370 | 0.2% | 31 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $1.8M | 5,616 | 0.2% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $1.8M | 13,945 | 0.2% | 31 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $1.8M | 14,425 | 0.2% | 31 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $1.7M | 5,069 | 0.2% | 20 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $1.6M | 7,315 | 0.2% | 31 |
| GLOBAL X FDS | [CATH](https://holderbook.com/stocks/CATH/) | $1.6M | 18,207 | 0.2% | 20 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $1.6M | 7,233 | 0.2% | 1 |
| SPDR SERIES TRUST | [SPYX](https://holderbook.com/stocks/SPYX/) | $1.5M | 25,264 | 0.2% | 31 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $1.5M | 6,841 | 0.2% | 29 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $1.5M | 9,225 | 0.2% | 2 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $1.5M | 1,984 | 0.2% | 31 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $1.4M | 4,337 | 0.1% | 31 |
| CHEMED CORP NEW | [CHE](https://holderbook.com/stocks/CHE/) | $1.4M | 3,065 | 0.1% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.3M | 3,931 | 0.1% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.2M | 4,626 | 0.1% | 31 |
| PROCORE TECHNOLOGIES INC | [PCOR](https://holderbook.com/stocks/PCOR/) | $1.2M | 30,056 | 0.1% | 9 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $1.2M | 3,798 | 0.1% | 1 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.2M | 1,880 | 0.1% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.2M | 24,699 | 0.1% | 31 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $1.2M | 1,665 | 0.1% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.1M | 960 | 0.1% | 9 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $1.1M | 5,916 | 0.1% | 2 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $1.1M | 55,410 | 0.1% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.1M | 5,396 | 0.1% | 28 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $1.1M | 3,372 | 0.1% | 31 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.0M | 18,157 | 0.1% | 31 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $1.0M | 3,566 | 0.1% | 12 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.0M | 10,556 | 0.1% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $991.0K | 23,414 | 0.1% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $984.0K | 5,938 | 0.1% | 31 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $974.0K | 12,894 | 0.1% | 20 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.0% | +14.8% | -0.8% | 100% |
| Q1 2026 | -0.3% | -4.6% | +4.3% | 100% |
| Q4 2025 | +2.8% | +2.4% | +0.4% | 100% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 100% |
| Q2 2025 | +8.4% | +10.5% | -2.0% | 100% |
| Q1 2025 | -1.5% | -4.6% | +3.1% | 100% |
| Q4 2024 | -1.0% | +2.1% | -3.1% | 100% |
| Q3 2024 | +5.3% | +5.4% | -0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $982.7M | 484 |
| Q1 2026 | $869.2M | 521 |
| Q4 2025 | $831.9M | 477 |
| Q3 2025 | $794.4M | 500 |
| Q2 2025 | $747.6M | 471 |
| Q1 2025 | $684.6M | 466 |
| Q4 2024 | $639.3M | 451 |
| Q3 2024 | $629.5M | 420 |
| Q2 2024 | $597.0M | 451 |
| Q1 2024 | $580.4M | 468 |
| Q4 2023 | $529.8M | 465 |
| Q3 2023 | $484.6M | 419 |