Camden National Bank

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Camden National Bank reported 162 stock positions worth $673.1 million. Its top holding was Microsoft (MSFT) at 2.9% of the portfolio, followed by T-Mobile US (TMUS, 2.8%) and Costco Wholesale (COST, 2.5%). Compared with Q4 2024, it opened 9 new positions, sold out of 11, added to 50 and reduced 91. The biggest buy was Constellation Brands Class A (STZ, shares +79%) and the biggest sale Nvidia (NVDA, shares −5%).

Most Recent 13F
Q2 2026
Location
CAMDEN, ME
CIK
0001697855
Portfolio Value
$673.1M (Q1 2025)
SEC Filing
0001697855-25-000014 ↗ filed May 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $566.5M Q1 2024 Q2 2024: $647.9M Q2 2024 Q3 2024: $697.9M Q3 2024 Q4 2024: $668.2M Q4 2024 Q1 2025: $673.1M $673.1M Q1 2025 Q2 2025: $693.7M Q2 2025 Q3 2025: $714.7M Q3 2025 Q4 2025: $727.4M Q4 2025 Q1 2026: $739.3M Q1 2026 Q2 2026: $767.5M Q2 2026

Holdings 162 stocks · $673.1M
MSFT Microsoft Corp. 2.86% 51,322 $19.3M Reduce -3.6%
TMUS T-Mobile US Inc. 2.79% 70,473 $18.8M Reduce -6.4%
COST Costco Wholesale Corp. 2.47% 17,594 $16.6M Reduce -11.3%
RSG Republic Services Inc. 2.36% 65,547 $15.9M Reduce -5.5%
V Visa Inc. Class A 2.31% 44,305 $15.5M Reduce -3.3%
JPM JPMorgan Chase & Co. 2.29% 62,731 $15.4M Reduce -4.2%
LIN Linde PLC 2.23% 32,173 $15.0M Reduce -3.2%
SLQD iShares 0-5 YR Inv GRD Corp. 2.22% 297,814 $15.0M Add +4.5%
ACN Accenture PLC Class A 2.08% 44,867 $14.0M Reduce -3.9%
CB Chubb Ltd. 2.04% 45,489 $13.7M Reduce -2.4%
NVDA Nvidia Corp. 2.03% 125,937 $13.6M Reduce -4.9%
MCD McDonald's Corp. 2.01% 43,392 $13.6M Reduce -2.0%
PG The Procter & Gamble Co. 2.00% 79,072 $13.5M Reduce -3.2%
CHKP Check Point Software Tech 1.97% 58,184 $13.3M Reduce -5.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.89% 104,423 $12.7M Reduce -3.1%
ORCL Oracle Corp. 1.86% 89,789 $12.6M Reduce -3.4%
STZ Constellation Brands Inc. Class A 1.82% 66,750 $12.2M Add +78.7%
JNJ Johnson & Johnson 1.82% 73,702 $12.2M Reduce -2.6%
NEE Nextera Energy Inc. 1.77% 167,884 $11.9M Reduce -2.0%
DE Deere & Co. 1.73% 24,859 $11.7M Reduce -4.5%
MDT Medtronic PLC 1.63% 122,215 $11.0M Reduce -2.0%
PWR Quanta Services Inc. 1.57% 41,679 $10.6M Add +19.6%
MRK Merck & Co. Inc. 1.55% 116,309 $10.4M Add +7.6%
PSA Public Storage 1.55% 34,841 $10.4M Reduce -2.5%
ZTS Zoetis Inc. 1.54% 62,952 $10.4M Reduce -1.5%
SHY iShares 1-3 Year Treasury Bo 1.53% 124,887 $10.3M Add +6.2%
VEA Vanguard Ftse Developed ETF 1.52% 201,348 $10.2M Add +2.5%
VRTX Vertex Pharmaceuticals Inc. 1.49% 20,666 $10.0M Reduce -1.3%
LHX L3HARRIS Technologies Inc. 1.48% 47,493 $9.9M Reduce -2.5%
HD Home Depot Inc. 1.41% 25,943 $9.5M Reduce -3.4%
KMI Kinder Morgan Inc. 1.41% 331,602 $9.5M Reduce -4.7%
ADBE Adobe Inc. 1.39% 24,393 $9.4M Reduce -0.3%
PEP Pepsico Inc. 1.33% 59,677 $8.9M Reduce -0.5%
MKC McCormick & Co.-Non VTG SHRS 1.33% 108,535 $8.9M Reduce -3.2%
DUK Duke Energy Corp. 1.32% 73,049 $8.9M Reduce -2.3%
XYL Xylem Inc. 1.32% 74,458 $8.9M Reduce -3.0%
MDLZ Mondelez International Inc. Class A 1.32% 130,990 $8.9M Reduce -0.1%
ALC Alcon Inc. filed as ALCON AG 1.31% 92,991 $8.8M Reduce -4.1%
IJR iShares Core S&P Small-Cap E 1.22% 78,310 $8.2M Reduce -1.9%
NVS Novartis AG-Sponsored ADR 1.20% 72,308 $8.1M Reduce -1.6%
GPC Genuine Parts Co. 1.17% 66,006 $7.9M Reduce -1.6%
OMC Omnicom Group 1.17% 94,635 $7.8M Reduce -2.0%
PLD Prologis Inc. 1.13% 68,143 $7.6M Reduce -1.9%
SPGI S&P Global Inc. 1.13% 14,904 $7.6M Reduce -2.0%
CVX Chevron Corp. 1.12% 44,989 $7.5M Add +0.3%
GOOGL Alphabet Inc. Class A 1.09% 47,410 $7.3M Add +20.6%
TIP iShares Tips Bond ETF 1.06% 64,223 $7.1M Add +11.8%
TMO Thermo Fisher Scientific Inc. 1.04% 14,116 $7.0M Add +39.1%
BNDX Vanguard Total Intl Bond ETF 1.04% 142,887 $7.0M Add +16.7%
TXN Texas Instruments Inc. 1.03% 38,639 $6.9M Reduce -1.9%
PKG Packaging Corp. of America 1.01% 34,441 $6.8M Reduce -3.2%
IAU iShares Gold Trust 0.83% 94,284 $5.6M Add +0.3%
EXPD Expeditors Intl Wash Inc. 0.79% 44,059 $5.3M Reduce -2.3%
IEI iShares 3-7 Year Treasury Bo 0.78% 44,509 $5.3M Add +7.6%
NKE Nike Inc. Class B 0.78% 82,577 $5.2M Reduce -3.1%
TARGET CORP 0.78% 50,143 $5.2M Reduce -1.9%
USMV iShares MSCI USA Min Vol Fac 0.77% 55,521 $5.2M Reduce -2.9%
ELV Elevance Health Inc. 0.70% 10,827 $4.7M Add +3.8%
USB US Bancorp 0.68% 108,097 $4.6M Add +60.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.63% 39,142 $4.3M Add +14.1%
SCHD Schwab US DVD Equity ETF 0.58% 138,690 $3.9M Add +6.2%
CAC Camden National Corp. 0.57% 95,497 $3.9M Reduce -1.1%
AAPL Apple Inc. 0.52% 15,786 $3.5M Reduce -4.7%
SNA Snap-on Inc. 0.49% 9,781 $3.3M Reduce -1.8%
EMXC iShares MSCI Emr MRK Ex Chna 0.45% 54,870 $3.0M Add +9.9%
TFC Truist Financial Corp. 0.41% 66,900 $2.8M Add +0.3%
IJH iShares Core S&P Midcap ETF 0.41% 47,167 $2.8M Reduce -8.8%
ABBV Abbvie Inc. 0.34% 10,829 $2.3M Add +3.0%
BRK.B Berkshire Hathaway Inc. Class B 0.31% 3,941 $2.1M Add +0.1%
HON Honeywell International Inc. 0.21% 6,780 $1.4M Reduce -6.5%
SPYG SS SPDR P S&P 500 Growth ETF 0.20% 16,640 $1.3M Add +29.1%
IVV iShares Core S&P 500 ETF 0.20% 2,356 $1.3M Reduce -1.1%
WMT Walmart Inc. 0.19% 14,205 $1.2M Reduce -2.7%
XOM Exxon Mobil Corp. 0.17% 9,591 $1.1M Reduce -11.7%
GLD SPDR Gold Shares 0.16% 3,764 $1.1M Reduce -1.3%
UNH Unitedhealth Group Inc. 0.16% 2,037 $1.1M Reduce -10.5%
LLY Eli Lilly & Co. 0.16% 1,270 $1.0M Reduce -10.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.14% 1,624 $908K Add +8.3%
IWV iShares Russell 3000 ETF 0.13% 2,765 $878K No change
VYMI Vanguard Int High DVD YLD Inc. 0.12% 11,345 $836K Reduce -7.6%
HUBB Hubbell Inc. 0.12% 2,502 $828K No change
EFA iShares MSCI Eafe ETF 0.12% 10,052 $822K Reduce -3.0%
VIG Vanguard Dividend Apprec ETF 0.12% 4,214 $817K Reduce -9.0%
TRAVELERS COMPANIES INC 0.12% 3,006 $795K Reduce -8.1%
KO The Coca-Cola Co. 0.11% 10,689 $766K Add +81.0%
T AT&T Inc. 0.11% 25,574 $723K Reduce -5.4%
IWF iShares Russell 1000 Growth 0.10% 1,895 $684K Reduce -15.9%
IVE iShares S&P 500 Value ETF 0.10% 3,566 $680K No change
ABT Abbott Laboratories 0.09% 4,693 $623K Reduce -14.1%
PM Philip Morris International 0.09% 3,714 $590K Reduce -4.3%
AXP American Express Co. 0.08% 2,079 $559K Add +8.7%
ADP Automatic Data Processing 0.08% 1,761 $538K Reduce -3.3%
CAT Caterpillar Inc. 0.08% 1,616 $533K Reduce -33.1%
DVY iShares Select Dividend ETF 0.08% 3,822 $513K Reduce -12.3%
MCK McKesson Corp. 0.07% 729 $491K Add +3.3%
ITW Illinois Tool Works 0.07% 1,851 $459K Reduce -0.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 1,839 $457K No change
GOOG Alphabet Inc. Class C 0.07% 2,849 $445K Reduce -9.3%
SYY Sysco Corp. 0.07% 5,875 $441K Add +3.9%
AMZN Amazon.com Inc. 0.06% 2,294 $436K Reduce -7.3%
COR Cencora Inc. 0.06% 1,512 $420K Add +4.7%
META Meta Platforms Inc. Class A 0.06% 714 $412K Reduce -11.5%
EMR Emerson Electric Co. 0.06% 3,515 $385K Reduce -5.0%
UNP Union Pacific Corp. 0.06% 1,625 $384K No change
INTU Intuit Inc. 0.05% 593 $364K Reduce -5.0%
USFD US Foods Holding Corp. 0.05% 5,436 $356K Add +21.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 3,551 $350K Add +1.7%
RTX RTX Corp. 0.05% 2,605 $345K Reduce -31.0%
FANG Diamondback Energy Inc. 0.05% 2,127 $340K Add +10.6%
CRH CRH PLC 0.05% 3,827 $337K Add +4.5%
CEF Sprott Physical Gold and Sil 0.05% 11,842 $336K No change
COP Conocophillips 0.05% 3,191 $335K Add +11.2%
UBER Uber Technologies Inc. 0.05% 4,593 $335K New
AZO AutoZone Inc. 0.05% 87 $332K Add +2.4%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.05% 7,885 $330K Add +4.3%
NSC Norfolk Southern Corp. 0.05% 1,390 $329K Add +3.9%
GD General Dynamics Corp. 0.05% 1,204 $328K Add +2.6%
ALL Allstate Corp. 0.05% 1,574 $326K New
BSV Vanguard Short-Term Bond ETF 0.05% 4,123 $323K Reduce -16.4%
MS Morgan Stanley 0.05% 2,733 $319K Reduce -5.3%
LPLA LPL Financial Holdings Inc. 0.05% 938 $307K Reduce -15.0%
MPC Marathon Petroleum Corp. 0.04% 2,077 $303K Add +24.1%
KGC Kinross Gold Corp. 0.04% 23,862 $301K Add +45.6%
PFE Pfizer Inc. 0.04% 11,855 $300K No change
D Dominion Energy Inc. 0.04% 5,339 $299K No change
AON Aon PLC Class A 0.04% 747 $298K Add +4.6%
KVUE Kenvue Inc. 0.04% 12,344 $296K Add +4.5%
CPAY Corpay Inc. 0.04% 841 $293K Add +4.9%
WFC Wells Fargo & Co. 0.04% 4,039 $290K Add +4.5%
PPL PPL Corp. 0.04% 7,928 $286K New
LOW Lowe's Cos Inc. 0.04% 1,204 $281K Reduce -16.3%
WM Waste Management Inc. 0.04% 1,208 $280K No change
FE Firstenergy Corp. 0.04% 6,894 $279K Add +22.9%
YUM Yum! Brands Inc. 0.04% 1,765 $278K No change
MDY State Street SPDR S&P Midcap 0.04% 516 $275K Reduce -14.4%
FIS Fidelity National Info Serv 0.04% 3,649 $273K Reduce -10.3%
HBAN Huntington Bancshares Inc. 0.04% 18,056 $271K Add +4.5%
AMAT Applied Materials Inc. 0.04% 1,842 $267K Add +16.9%
MU Micron Technology Inc. 0.04% 3,014 $262K Reduce -10.1%
ADI Analog Devices Inc. 0.04% 1,289 $260K Reduce -0.4%
VZ Verizon Communications Inc. 0.04% 5,418 $246K Reduce -13.9%
CNP Centerpoint Energy Inc. 0.04% 6,783 $246K Add +4.6%
VB Vanguard Most SM-Cap ETF-Usd 0.04% 1,101 $244K Reduce -0.9%
IEFA iShares Core MSCI Eafe ETF 0.04% 3,176 $240K Reduce -6.2%
GE General Electric filed as GE AEROSPACE 0.03% 1,175 $235K New
QUAL iShares MSCI USA Quality Fac 0.03% 1,375 $235K Reduce -1.6%
IEF iShares 7-10 Year Treasury B 0.03% 2,409 $230K Reduce -2.0%
DFS Discover Financial Services 0.03% 1,315 $224K Reduce -31.9%
AZN Astrazeneca PLC-Spons ADR 0.03% 3,011 $221K New
SCHW Schwab (charles) Corp. 0.03% 2,792 $219K New
CL Colgate-Palmolive Co. 0.03% 2,325 $218K No change
CI The Cigna Group 0.03% 653 $215K Reduce -19.8%
FLEX Flex Ltd. 0.03% 6,488 $215K Reduce -5.2%
APO Apollo Global Management Inc. 0.03% 1,563 $214K New
QLTA iShares Aaa - A Rated Corpor 0.03% 4,503 $214K Add +0.3%
DELL Dell Technologies -C 0.03% 2,288 $209K New
MCHP Microchip Technology Inc. 0.03% 4,297 $208K Add +8.3%
BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES 0.03% 6,925 $204K No change
SHW The Sherwin-Williams Co. 0.03% 583 $204K New
J Jacobs Solutions Inc. 0.03% 1,675 $202K Add +4.4%
DHR Danaher Corp. 0.03% 979 $201K Reduce -86.5%
CVE Cenovus Energy Inc. 0.02% 10,149 $141K Reduce -16.3%

Portfolio Sells Q4 2024 → Q1 2025
NVDA Nvidia Corp. Reduce -4.9% 2.03% −0.63
MSFT Microsoft Corp. Reduce -3.6% 2.86% −0.50
ORCL Oracle Corp. Reduce -3.4% 1.86% −0.45
ACN Accenture PLC Class A Reduce -3.9% 2.08% −0.38
TARGET CORP Reduce -1.9% 0.78% −0.26
COST Costco Wholesale Corp. Reduce -11.3% 2.47% −0.25
ADBE Adobe Inc. Reduce -0.3% 1.39% −0.24
DHR Danaher Corp. Reduce -86.5% 0.03% −0.22
NKE Nike Inc. Class B Reduce -3.1% 0.78% −0.19
PKG Packaging Corp. of America Reduce -3.2% 1.01% −0.19
IJR iShares Core S&P Small-Cap E Reduce -1.9% 1.22% −0.16
HD Home Depot Inc. Reduce -3.4% 1.41% −0.15
AAPL Apple Inc. Reduce -4.7% 0.52% −0.10
OMC Omnicom Group Reduce -2.0% 1.17% −0.08
TTD Trade Desk Inc./the Class A Sold out 0.00% −0.08
IJH iShares Core S&P Midcap ETF Reduce -8.8% 0.41% −0.07
TXN Texas Instruments Inc. Reduce -1.9% 1.03% −0.07
AMGN Amgen Inc. Sold out 0.00% −0.07
NEE Nextera Energy Inc. Reduce -2.0% 1.77% −0.07
JPM JPMorgan Chase & Co. Reduce -4.2% 2.29% −0.06
FTV Fortive Corp. Sold out 0.00% −0.06
TJX TJX Companies Inc. Reduce -3.1% 1.89% −0.06
LHX L3HARRIS Technologies Inc. Reduce -2.5% 1.48% −0.06
PSA Public Storage Reduce -2.5% 1.55% −0.05
CAT Caterpillar Inc. Reduce -33.1% 0.08% −0.05
PG The Procter & Gamble Co. Reduce -3.2% 2.00% −0.05
CAC Camden National Corp. Reduce -1.1% 0.57% −0.04
CARR Carrier Global Corp. Sold out 0.00% −0.04
KMB Kimberly-Clark Corp. Sold out 0.00% −0.04
VLTO Veralto Corp. Sold out 0.00% −0.04
HOLX Hologic Inc. Sold out 0.00% −0.04
PEP Pepsico Inc. Reduce -0.5% 1.33% −0.04
QCLN First Trust Nasdaq Clean Edg Sold out 0.00% −0.03
OWL Blue Owl Capital Inc. Sold out 0.00% −0.03
IWF iShares Russell 1000 Growth Reduce -15.9% 0.10% −0.03
WAB Wabtec Corp. Sold out 0.00% −0.03
HON Honeywell International Inc. Reduce -6.5% 0.21% −0.03
BND Vanguard Total Bond Market Sold out 0.00% −0.03
GOOG Alphabet Inc. Class C Reduce -9.3% 0.07% −0.02
KMI Kinder Morgan Inc. Reduce -4.7% 1.41% −0.02
ZTS Zoetis Inc. Reduce -1.5% 1.54% −0.02
DFS Discover Financial Services Reduce -31.9% 0.03% −0.02
AMZN Amazon.com Inc. Reduce -7.3% 0.06% −0.02
SNA Snap-on Inc. Reduce -1.8% 0.49% −0.02
VIG Vanguard Dividend Apprec ETF Reduce -9.0% 0.12% −0.01
RTX RTX Corp. Reduce -31.0% 0.05% −0.01
UNH Unitedhealth Group Inc. Reduce -10.5% 0.16% −0.01
IVV iShares Core S&P 500 ETF Reduce -1.1% 0.20% −0.01
WMT Walmart Inc. Reduce -2.7% 0.19% −0.01
EMR Emerson Electric Co. Reduce -5.0% 0.06% −0.01

Portfolio Buys Q4 2024 → Q1 2025
STZ Constellation Brands Inc. Class A Add +78.7% 1.82% +0.58
TMO Thermo Fisher Scientific Inc. Add +39.1% 1.04% +0.25
USB US Bancorp Add +60.1% 0.68% +0.19
CVX Chevron Corp. Add +0.3% 1.12% +0.15
TIP iShares Tips Bond ETF Add +11.8% 1.06% +0.14
BNDX Vanguard Total Intl Bond ETF Add +16.7% 1.04% +0.14
IAU iShares Gold Trust Add +0.3% 0.83% +0.13
ELV Elevance Health Inc. Add +3.8% 0.70% +0.12
VEA Vanguard Ftse Developed ETF Add +2.5% 1.52% +0.11
SLQD iShares 0-5 YR Inv GRD Corp. Add +4.5% 2.22% +0.10
SHY iShares 1-3 Year Treasury Bo Add +6.2% 1.53% +0.09
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +14.1% 0.63% +0.08
IEI iShares 3-7 Year Treasury Bo Add +7.6% 0.78% +0.07
KO The Coca-Cola Co. Add +81.0% 0.11% +0.06
ABBV Abbvie Inc. Add +3.0% 0.34% +0.06
UBER Uber Technologies Inc. New 0.05% +0.05
ALL Allstate Corp. New 0.05% +0.05
BRK.B Berkshire Hathaway Inc. Class B Add +0.1% 0.31% +0.04
PPL PPL Corp. New 0.04% +0.04
SCHD Schwab US DVD Equity ETF Add +6.2% 0.58% +0.04
GE General Electric New 0.03% +0.03
EMXC iShares MSCI Emr MRK Ex Chna Add +9.9% 0.45% +0.03
AZN Astrazeneca PLC-Spons ADR New 0.03% +0.03
SCHW Schwab (charles) Corp. New 0.03% +0.03
APO Apollo Global Management Inc. New 0.03% +0.03
DELL Dell Technologies -C New 0.03% +0.03
SHW The Sherwin-Williams Co. New 0.03% +0.03
SPYG SS SPDR P S&P 500 Growth ETF Add +29.1% 0.20% +0.03
KGC Kinross Gold Corp. Add +45.6% 0.04% +0.02
COR Cencora Inc. Add +4.7% 0.06% +0.01
MCK McKesson Corp. Add +3.3% 0.07% +0.01
MPC Marathon Petroleum Corp. Add +24.1% 0.04% +0.01
AZO AutoZone Inc. Add +2.4% 0.05% +0.01
FE Firstenergy Corp. Add +22.9% 0.04% +0.01
USFD US Foods Holding Corp. Add +21.5% 0.05% +0.01
COP Conocophillips Add +11.2% 0.05% +0.01
KVUE Kenvue Inc. Add +4.5% 0.04% +0.01
AON Aon PLC Class A Add +4.6% 0.04% +0.01
CNP Centerpoint Energy Inc. Add +4.6% 0.04% +0.01
SLB SLB Ltd. Add +4.3% 0.05% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +8.3% 0.14% +0.00
FANG Diamondback Energy Inc. Add +10.6% 0.05% +0.00
CPAY Corpay Inc. Add +4.9% 0.04% +0.00
GD General Dynamics Corp. Add +2.6% 0.05% +0.00
WFC Wells Fargo & Co. Add +4.5% 0.04% +0.00
NSC Norfolk Southern Corp. Add +3.9% 0.05% +0.00
AMAT Applied Materials Inc. Add +16.9% 0.04% +0.00
SYY Sysco Corp. Add +3.9% 0.07% +0.00
QLTA iShares Aaa - A Rated Corpor Add +0.3% 0.03% +0.00
CRH CRH PLC Add +4.5% 0.05% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 184$767.5MNVDA, PWR, VEA, GOOGL, SLQD
Q1 2026 164$739.3MPWR, NVDA, SLQD, VEA, MSFT
Q4 2025 169$727.4MMSFT, NVDA, JPM, GOOGL, SLQD
Q3 2025 164$714.7MMSFT, ORCL, NVDA, JPM, PWR
Q2 2025 166$693.7MMSFT, NVDA, ORCL, JPM, COST
Q1 2025 162$673.1MMSFT, TMUS, COST, RSG, V
Q4 2024 164$668.2MMSFT, COST, NVDA, TMUS, ACN
Q3 2024 168$697.9MMSFT, COST, NVDA, ACN, TMUS
Q2 2024 133$647.9MMSFT, COST, NVDA, LIN, ACN
Q1 2024 122$566.5MMSFT, COST, LIN, ACN, RSG