Camden National Bank

Name: CAMDEN NATIONAL BANK 13F holdings, Q1 2024
Creator: CAMDEN NATIONAL BANK
Published: 2024-04-30

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), Camden National Bank reported 122 stock positions worth $566.5 million. Its top holding was Microsoft (MSFT) at 3.6% of the portfolio, followed by Costco Wholesale (COST, 2.6%) and Linde (LIN, 2.6%). Compared with Q4 2023, it opened 5 new positions, sold out of 4, added to 24 and reduced 87. The biggest buy was iShares Gold Trust (IAU, shares +938%) and the biggest sale Adobe (ADBE, shares −2%).

Most Recent 13F: Q2 2026
Location: CAMDEN, ME
CIK: 0001697855
Portfolio Value: $566.5M (Q1 2024)
SEC Filing: 0001697855-24-000022 ↗ filed Apr 30, 2024

Holdings Value

Holdings 122 stocks · $566.5M


MSFT Microsoft Corp.	3.56%	48,001	$20.2M	Reduce -6.7%
COST Costco Wholesale Corp.	2.61%	20,210	$14.8M	Reduce -6.9%
LIN Linde PLC	2.56%	31,241	$14.5M	Reduce -6.8%
ACN Accenture PLC Class A	2.36%	38,564	$13.4M	Reduce -4.0%
RSG Republic Services Inc.	2.29%	67,811	$13.0M	Reduce -8.0%
MRK Merck & Co. Inc.	2.21%	94,685	$12.5M	Reduce -3.8%
NVDA Nvidia Corp.	2.15%	13,454	$12.2M	Reduce -7.3%
PG The Procter & Gamble Co.	2.12%	74,140	$12.0M	Reduce -1.3%
SLQD iShares 0-5 YR Inv GRD Corp.	2.10%	242,186	$11.9M	Add +0.1%
V Visa Inc. Class A	2.10%	42,634	$11.9M	Reduce -5.2%
TMUS T-Mobile US Inc.	2.07%	71,875	$11.7M	Reduce -2.2%
JPM JPMorgan Chase & Co.	2.00%	56,662	$11.3M	Reduce -3.8%
MCD McDonald's Corp.	1.96%	39,335	$11.1M	Reduce -1.8%
CB Chubb Ltd.	1.94%	42,343	$11.0M	Reduce -3.2%
ADBE Adobe Inc.	1.90%	21,383	$10.8M	Reduce -2.2%
ORCL Oracle Corp.	1.87%	84,320	$10.6M	Reduce -2.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW	1.86%	103,700	$10.5M	Reduce -4.0%
MDT Medtronic PLC	1.81%	117,388	$10.2M	Reduce -2.2%
NEE Nextera Energy Inc.	1.74%	154,545	$9.9M	Reduce -1.3%
CHKP Check Point Software Tech	1.72%	59,237	$9.7M	Reduce -3.1%
ZTS Zoetis Inc.	1.70%	57,005	$9.6M	Reduce -1.4%
DE Deere & Co.	1.70%	23,395	$9.6M	Reduce -1.6%
PSA Public Storage	1.68%	32,867	$9.5M	Reduce -1.9%
HD Home Depot Inc.	1.68%	24,769	$9.5M	Reduce -2.4%
XYL Xylem Inc.	1.67%	73,069	$9.4M	Reduce -3.2%
LHX L3HARRIS Technologies Inc.	1.65%	43,976	$9.4M	Reduce -1.5%
GPC Genuine Parts Co.	1.65%	60,439	$9.4M	Reduce -1.1%
JNJ Johnson & Johnson	1.65%	59,005	$9.3M	Reduce -0.9%
PEP Pepsico Inc.	1.63%	52,624	$9.2M	Reduce -1.1%
OMC Omnicom Group	1.51%	88,200	$8.5M	Reduce -2.5%
PWR Quanta Services Inc.	1.46%	31,845	$8.3M	Reduce -2.3%
VEA Vanguard Ftse Developed ETF	1.45%	164,227	$8.2M	Reduce -7.9%
PLD Prologis Inc.	1.44%	62,826	$8.2M	Reduce -1.5%
MKC McCormick & Co.-Non VTG SHRS	1.44%	106,340	$8.2M	Reduce -1.1%
TGT Target Corp.	1.42%	45,418	$8.0M	Reduce -1.3%
MDLZ Mondelez International Inc. Class A	1.41%	113,923	$8.0M	Reduce -1.7%
IJR iShares Core S&P Small-Cap E	1.38%	70,744	$7.8M	Add +0.4%
VRTX Vertex Pharmaceuticals Inc.	1.37%	18,570	$7.8M	Reduce -3.1%
STZ Constellation Brands Inc. Class A	1.35%	28,074	$7.6M	Reduce -1.5%
SHY iShares 1-3 Year Treasury Bo	1.33%	92,200	$7.5M	Add +1.8%
ALC Alcon Inc. filed as ALCON AG	1.33%	90,249	$7.5M	Reduce -1.8%
EW Edwards Lifesciences Corp.	1.19%	70,346	$6.7M	Reduce -0.7%
NVS Novartis AG-Sponsored ADR	1.11%	65,092	$6.3M	Reduce -2.1%
PKG Packaging Corp. of America	1.10%	32,973	$6.3M	Reduce -2.5%
DUK Duke Energy Corp.	1.10%	64,298	$6.2M	Reduce -0.5%
TXN Texas Instruments Inc.	1.09%	35,509	$6.2M	Add +23.1%
KMI Kinder Morgan Inc.	1.06%	326,298	$6.0M	Reduce -1.6%
SPGI S&P Global Inc.	1.04%	13,794	$5.9M	Reduce -1.6%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.95%	44,133	$5.4M	Reduce -3.1%
TIP iShares Tips Bond ETF	0.94%	49,539	$5.3M	Reduce -1.8%
TMO Thermo Fisher Scientific Inc.	0.93%	9,084	$5.3M	Reduce -1.9%
EXPD Expeditors Intl Wash Inc.	0.88%	40,961	$5.0M	Reduce -0.9%
USMV iShares MSCI USA Min Vol Fac	0.87%	58,974	$4.9M	Reduce -4.5%
CVX Chevron Corp.	0.82%	29,503	$4.7M	Add +0.4%
BCE Bce Inc.	0.75%	124,600	$4.2M	Reduce -5.1%
TRP TC Energy Corp.	0.70%	99,230	$4.0M	Reduce -1.6%
IAU iShares Gold Trust	0.56%	76,116	$3.2M	Add +938.0%
CAC Camden National Corp.	0.55%	92,866	$3.1M	Reduce -4.2%
IEI iShares 3-7 Year Treasury Bo	0.54%	26,319	$3.0M	Add +2.4%
IJH iShares Core S&P Midcap ETF	0.53%	49,457	$3.0M	Reduce -7.5%
AAPL Apple Inc.	0.51%	16,693	$2.9M	Reduce -7.3%
SCHD Schwab US DVD Equity ETF	0.48%	33,782	$2.7M	Add +0.3%
USB US Bancorp	0.47%	58,982	$2.6M	Add +0.1%
SNA Snap-on Inc.	0.46%	8,823	$2.6M	New
ELV Elevance Health Inc.	0.45%	4,877	$2.5M	New
TFC Truist Financial Corp.	0.41%	59,367	$2.3M	Add +0.9%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	0.32%	16,890	$1.8M	Reduce -2.5%
BRK.B Berkshire Hathaway Inc. Class B	0.28%	3,707	$1.6M	Add +20.2%
EMXC iShares MSCI Emr MRK Ex Chna	0.27%	26,720	$1.5M	Add +15.0%
ABBV Abbvie Inc.	0.26%	8,001	$1.5M	Reduce -2.9%
IVV iShares Core S&P 500 ETF	0.24%	2,592	$1.4M	Add +1.0%
LLY Eli Lilly & Co.	0.22%	1,638	$1.3M	Reduce -4.7%
HON Honeywell International Inc.	0.21%	5,921	$1.2M	Reduce -6.4%
VIG Vanguard Dividend Apprec ETF	0.19%	5,939	$1.1M	Reduce -5.6%
HUBB Hubbell Inc.	0.19%	2,593	$1.1M	Reduce -3.6%
XOM Exxon Mobil Corp.	0.18%	8,964	$1.0M	Reduce -1.8%
VYMI Vanguard Int High DVD YLD Inc.	0.16%	13,178	$907K	Add +1.9%
GOOGL Alphabet Inc. Class A	0.16%	5,851	$883K	Reduce -2.2%
WMT Walmart Inc.	0.15%	14,468	$871K	Reduce -4.5%
UNH Unitedhealth Group Inc.	0.14%	1,661	$822K	Reduce -1.4%
GLD SPDR Gold Shares	0.14%	3,739	$769K	Add +1.4%
TRV The Travelers Cos Inc.	0.13%	3,296	$759K	Reduce -2.4%
CAT Caterpillar Inc.	0.10%	1,546	$567K	Reduce -3.7%
DVY iShares Select Dividend ETF	0.10%	4,505	$555K	Reduce -4.9%
EFA iShares MSCI Eafe ETF	0.09%	6,579	$525K	Reduce -9.7%
ITW Illinois Tool Works	0.09%	1,907	$512K	Reduce -3.5%
BSV Vanguard Short-Term Bond ETF	0.08%	6,072	$466K	Add +17.1%
QUAL iShares MSCI USA Quality Fac	0.08%	2,783	$457K	No change
META Meta Platforms Inc. Class A	0.08%	902	$438K	Reduce -10.0%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.08%	4,938	$432K	No change
DHR Danaher Corp.	0.08%	1,703	$425K	Reduce -1.1%
ABT Abbott Laboratories	0.07%	3,738	$425K	Reduce -10.3%
UNP Union Pacific Corp.	0.07%	1,704	$419K	Reduce -7.3%
IWV iShares Russell 3000 ETF	0.07%	1,390	$417K	No change
GOOG Alphabet Inc. Class C	0.07%	2,731	$416K	Reduce -12.2%
INTU Intuit Inc.	0.07%	629	$409K	Add +0.8%
VB Vanguard Most SM-Cap ETF-Usd	0.07%	1,725	$394K	Add +2.3%
AMZN Amazon.com Inc.	0.07%	2,151	$388K	Reduce -6.8%
LOW Lowe's Cos Inc.	0.07%	1,489	$379K	Reduce -3.6%
IDXX Idexx Laboratories Inc.	0.07%	690	$373K	Reduce -14.6%
KO The Coca-Cola Co.	0.06%	5,898	$361K	Reduce -7.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.06%	1,839	$351K	Reduce -1.9%
ADP Automatic Data Processing	0.06%	1,363	$340K	Add +0.5%
PFE Pfizer Inc.	0.06%	12,025	$334K	Reduce -2.2%
D Dominion Energy Inc.	0.05%	5,854	$288K	Add +0.4%
AMGN Amgen Inc.	0.05%	991	$282K	Reduce -13.4%
CI The Cigna Group	0.05%	772	$280K	Reduce -1.4%
SPY SS SPDR S&P 500 ETF Trust-US	0.05%	501	$262K	Add +16.5%
IEFA iShares Core MSCI Eafe ETF	0.05%	3,466	$257K	Add +5.7%
ADI Analog Devices Inc.	0.05%	1,294	$256K	Add +1.3%
YUM Yum! Brands Inc.	0.04%	1,806	$250K	Add +0.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.04%	2,004	$245K	New
CEF Sprott Physical Gold and Sil	0.04%	11,942	$243K	No change
LMT Lockheed Martin Corp.	0.04%	514	$234K	Reduce -3.8%
KMB Kimberly-Clark Corp.	0.04%	1,800	$233K	No change
MDY State Street SPDR S&P Midcap	0.04%	418	$233K	New
RSP Invesco S&P 500 Equal Weight	0.04%	1,341	$227K	No change
WM Waste Management Inc.	0.04%	1,065	$227K	Reduce -8.3%
QCLN First Trust Nasdaq Clean Edg	0.04%	6,514	$226K	Reduce -7.3%
MA Mastercard Inc. Class A	0.04%	466	$224K	Reduce -1.3%
CL Colgate-Palmolive Co.	0.04%	2,419	$218K	New
SHW The Sherwin-Williams Co.	0.04%	603	$209K	Reduce -13.6%

Portfolio Sells Q4 2023 → Q1 2024


ADBE Adobe Inc.	Reduce -2.2%	1.90%	−0.52
ZTS Zoetis Inc.	Reduce -1.4%	1.70%	−0.42
ACN Accenture PLC Class A	Reduce -4.0%	2.36%	−0.26
MCD McDonald's Corp.	Reduce -1.8%	1.96%	−0.25
PSA Public Storage	Reduce -1.9%	1.68%	−0.22
BCE Bce Inc.	Reduce -5.1%	0.75%	−0.21
MDLZ Mondelez International Inc. Class A	Reduce -1.7%	1.41%	−0.15
AAPL Apple Inc.	Reduce -7.3%	0.51%	−0.14
PLD Prologis Inc.	Reduce -1.5%	1.44%	−0.14
NVS Novartis AG-Sponsored ADR	Reduce -2.1%	1.11%	−0.14
VEA Vanguard Ftse Developed ETF	Reduce -7.9%	1.45%	−0.14
CAC Camden National Corp.	Reduce -4.2%	0.55%	−0.13
TMUS T-Mobile US Inc.	Reduce -2.2%	2.07%	−0.12
SPGI S&P Global Inc.	Reduce -1.6%	1.04%	−0.11
EXPD Expeditors Intl Wash Inc.	Reduce -0.9%	0.88%	−0.10
LHX L3HARRIS Technologies Inc.	Reduce -1.5%	1.65%	−0.10
JNJ Johnson & Johnson	Reduce -0.9%	1.65%	−0.09
VRTX Vertex Pharmaceuticals Inc.	Reduce -3.1%	1.37%	−0.08
V Visa Inc. Class A	Reduce -5.2%	2.10%	−0.08
DE Deere & Co.	Reduce -1.6%	1.70%	−0.07
TIP iShares Tips Bond ETF	Reduce -1.8%	0.94%	−0.07
DUK Duke Energy Corp.	Reduce -0.5%	1.10%	−0.07
PEP Pepsico Inc.	Reduce -1.1%	1.63%	−0.06
COST Costco Wholesale Corp.	Reduce -6.9%	2.61%	−0.05
BA The Boeing Co.	Sold out	0.00%	−0.05
CSCO Cisco Systems Inc.	Sold out	0.00%	−0.04
CMCSA Comcast Corp. Class A	Sold out	0.00%	−0.04
BHB Bar Harbor Bankshares	Sold out	0.00%	−0.04
MDT Medtronic PLC	Reduce -2.2%	1.81%	−0.03
MSFT Microsoft Corp.	Reduce -6.7%	3.56%	−0.03
HON Honeywell International Inc.	Reduce -6.4%	0.21%	−0.03
LQD Ishr Ibx Usd Invgd CB ETF-Ui	Reduce -2.5%	0.32%	−0.03
KMI Kinder Morgan Inc.	Reduce -1.6%	1.06%	−0.03
TJX TJX Companies Inc.	Reduce -4.0%	1.86%	−0.03
TRP TC Energy Corp.	Reduce -1.6%	0.70%	−0.03
NEE Nextera Energy Inc.	Reduce -1.3%	1.74%	−0.03
USMV iShares MSCI USA Min Vol Fac	Reduce -4.5%	0.87%	−0.03
CHKP Check Point Software Tech	Reduce -3.1%	1.72%	−0.02
IJH iShares Core S&P Midcap ETF	Reduce -7.5%	0.53%	−0.02
UNH Unitedhealth Group Inc.	Reduce -1.4%	0.14%	−0.02
IDXX Idexx Laboratories Inc.	Reduce -14.6%	0.07%	−0.02
QCLN First Trust Nasdaq Clean Edg	Reduce -7.3%	0.04%	−0.02
AMGN Amgen Inc.	Reduce -13.4%	0.05%	−0.01
ABT Abbott Laboratories	Reduce -10.3%	0.07%	−0.01
UNP Union Pacific Corp.	Reduce -7.3%	0.07%	−0.01
EFA iShares MSCI Eafe ETF	Reduce -9.7%	0.09%	−0.01
ALC Alcon Inc.	Reduce -1.8%	1.33%	−0.01
GOOG Alphabet Inc. Class C	Reduce -12.2%	0.07%	−0.01
VIG Vanguard Dividend Apprec ETF	Reduce -5.6%	0.19%	−0.01
PFE Pfizer Inc.	Reduce -2.2%	0.06%	−0.01

Portfolio Buys Q4 2023 → Q1 2024


IAU iShares Gold Trust	Add +938.0%	0.56%	+0.51
SNA Snap-on Inc.	New	0.46%	+0.46
ELV Elevance Health Inc.	New	0.45%	+0.45
TXN Texas Instruments Inc.	Add +23.1%	1.09%	+0.18
BRK.B Berkshire Hathaway Inc. Class B	Add +20.2%	0.28%	+0.07
DIS The Walt Disney Co.	New	0.04%	+0.04
MDY State Street SPDR S&P Midcap	New	0.04%	+0.04
CL Colgate-Palmolive Co.	New	0.04%	+0.04
EMXC iShares MSCI Emr MRK Ex Chna	Add +15.0%	0.27%	+0.03
IVV iShares Core S&P 500 ETF	Add +1.0%	0.24%	+0.01
SPY SS SPDR S&P 500 ETF Trust-US	Add +16.5%	0.05%	+0.01
BSV Vanguard Short-Term Bond ETF	Add +17.1%	0.08%	+0.01
CVX Chevron Corp.	Add +0.4%	0.82%	+0.01
GLD SPDR Gold Shares	Add +1.4%	0.14%	+0.00
TFC Truist Financial Corp.	Add +0.9%	0.41%	+0.00
SCHD Schwab US DVD Equity ETF	Add +0.3%	0.48%	+0.00
VB Vanguard Most SM-Cap ETF-Usd	Add +2.3%	0.07%	+0.00
IEFA iShares Core MSCI Eafe ETF	Add +5.7%	0.05%	+0.00
ADP Automatic Data Processing	Add +0.5%	0.06%	+0.00
YUM Yum! Brands Inc.	Add +0.9%	0.04%	+0.00
VYMI Vanguard Int High DVD YLD Inc.	Add +1.9%	0.16%	0.00
D Dominion Energy Inc.	Add +0.4%	0.05%	−0.00
INTU Intuit Inc.	Add +0.8%	0.07%	−0.00
ADI Analog Devices Inc.	Add +1.3%	0.05%	−0.00
USB US Bancorp	Add +0.1%	0.47%	−0.01
IEI iShares 3-7 Year Treasury Bo	Add +2.4%	0.54%	−0.02
IJR iShares Core S&P Small-Cap E	Add +0.4%	1.38%	−0.04
SHY iShares 1-3 Year Treasury Bo	Add +1.8%	1.33%	−0.05
SLQD iShares 0-5 YR Inv GRD Corp.	Add +0.1%	2.10%	−0.11

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	184	$767.5M	NVDA, PWR, VEA, GOOGL, SLQD
Q1 2026	164	$739.3M	PWR, NVDA, SLQD, VEA, MSFT
Q4 2025	169	$727.4M	MSFT, NVDA, JPM, GOOGL, SLQD
Q3 2025	164	$714.7M	MSFT, ORCL, NVDA, JPM, PWR
Q2 2025	166	$693.7M	MSFT, NVDA, ORCL, JPM, COST
Q1 2025	162	$673.1M	MSFT, TMUS, COST, RSG, V
Q4 2024	164	$668.2M	MSFT, COST, NVDA, TMUS, ACN
Q3 2024	168	$697.9M	MSFT, COST, NVDA, ACN, TMUS
Q2 2024	133	$647.9M	MSFT, COST, NVDA, LIN, ACN
Q1 2024	122	$566.5M	MSFT, COST, LIN, ACN, RSG