Camden National Bank

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Camden National Bank reported 164 stock positions worth $714.7 million. Its top holding was Microsoft (MSFT) at 3.6% of the portfolio, followed by Oracle (ORCL, 3.3%) and Nvidia (NVDA, 3.2%). Compared with Q2 2025, it opened 7 new positions, sold out of 9, added to 42 and reduced 99. The biggest buy was Thermo Fisher Scientific (TMO, shares +0%) and the biggest sale an exit from Constellation Brands Class A (STZ).

Most Recent 13F
Q2 2026
Location
CAMDEN, ME
CIK
0001697855
Portfolio Value
$714.7M (Q3 2025)
SEC Filing
0001697855-25-000045 ↗ filed Nov 6, 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 Q1 2025 Q2 2025: $693.7M Q2 2025 Q3 2025: $714.7M $714.7M Q3 2025 Q4 2025: $727.4M Q4 2025 Q1 2026: $739.3M Q1 2026 Q2 2026: $767.5M Q2 2026

Holdings 164 stocks · $714.7M
MSFT Microsoft Corp. 3.61% 49,781 $25.8M Reduce -1.3%
ORCL Oracle Corp. 3.34% 84,893 $23.9M Reduce -3.7%
NVDA Nvidia Corp. 3.20% 122,406 $22.8M Reduce -2.3%
JPM JPMorgan Chase & Co. 2.64% 59,869 $18.9M Reduce -2.7%
PWR Quanta Services Inc. 2.38% 40,986 $17.0M Reduce -0.7%
SLQD iShares 0-5 YR Inv GRD Corp. 2.36% 332,361 $16.9M Add +8.7%
TMUS T-Mobile US Inc. 2.26% 67,524 $16.2M Reduce -0.3%
COST Costco Wholesale Corp. 2.21% 17,087 $15.8M Reduce -0.6%
GOOGL Alphabet Inc. Class A 2.15% 63,114 $15.3M Reduce -0.5%
LIN Linde PLC 2.09% 31,511 $15.0M Reduce -0.6%
V Visa Inc. Class A 2.05% 42,837 $14.6M Reduce -1.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 2.05% 101,124 $14.6M Reduce -1.0%
RSG Republic Services Inc. 2.00% 62,188 $14.3M Reduce -1.0%
LHX L3HARRIS Technologies Inc. 1.99% 46,584 $14.2M Reduce -1.2%
VEA Vanguard Ftse Developed ETF 1.89% 225,899 $13.5M Add +6.1%
JNJ Johnson & Johnson 1.89% 72,992 $13.5M Reduce -0.3%
MCD McDonald's Corp. 1.80% 42,387 $12.9M Reduce -0.3%
CB Chubb Ltd. 1.76% 44,455 $12.5M Reduce -0.9%
ADBE Adobe Inc. 1.73% 35,141 $12.4M Reduce -0.1%
NEE Nextera Energy Inc. 1.72% 162,584 $12.3M Reduce -0.4%
SHY iShares 1-3 Year Treasury Bo 1.71% 146,909 $12.2M Add +11.1%
PG The Procter & Gamble Co. 1.69% 78,769 $12.1M Add +0.2%
CHKP Check Point Software Tech 1.63% 56,299 $11.6M Add +0.5%
MDT Medtronic PLC 1.59% 119,098 $11.3M Reduce -0.9%
DE Deere & Co. 1.55% 24,202 $11.1M Reduce -0.1%
ACN Accenture PLC Class A 1.54% 44,744 $11.0M Add +0.1%
TMO Thermo Fisher Scientific Inc. 1.50% 22,131 $10.7M Add +0.4%
XYL Xylem Inc. 1.48% 71,920 $10.6M Reduce -1.0%
IJR iShares Core S&P Small-Cap E 1.45% 87,194 $10.4M Add +5.4%
HD Home Depot Inc. 1.43% 25,178 $10.2M Reduce -1.0%
PSA Public Storage 1.39% 34,443 $9.9M Reduce -0.3%
MRK Merck & Co. Inc. 1.33% 112,991 $9.5M Reduce -0.5%
ZTS Zoetis Inc. 1.29% 63,203 $9.2M Add +0.7%
KMI Kinder Morgan Inc. 1.28% 323,438 $9.2M Reduce -0.4%
NVS Novartis AG-Sponsored ADR 1.27% 70,622 $9.1M Reduce -0.6%
DUK Duke Energy Corp. 1.25% 72,046 $8.9M Add +0.6%
GPC Genuine Parts Co. 1.23% 63,510 $8.8M Reduce -1.1%
PEP Pepsico Inc. 1.18% 59,820 $8.4M Add +0.4%
BNDX Vanguard Total Intl Bond ETF 1.16% 167,014 $8.3M Add +5.7%
VRTX Vertex Pharmaceuticals Inc. 1.14% 20,892 $8.2M Add +2.1%
MDLZ Mondelez International Inc. Class A 1.13% 129,526 $8.1M Add +0.0%
TIP iShares Tips Bond ETF 1.13% 72,622 $8.1M Add +6.2%
PLD Prologis Inc. 1.08% 67,435 $7.7M Reduce -0.7%
OMC Omnicom Group 1.05% 92,215 $7.5M Reduce -0.4%
PKG Packaging Corp. of America 1.03% 33,617 $7.3M Reduce -1.2%
SPGI S&P Global Inc. 1.00% 14,725 $7.2M Reduce -0.1%
MKC McCormick & Co.-Non VTG SHRS 1.00% 106,408 $7.1M Reduce -1.1%
CVX Chevron Corp. 0.98% 45,311 $7.0M Reduce -0.1%
TXN Texas Instruments Inc. 0.96% 37,536 $6.9M Reduce -1.2%
ALC Alcon Inc. filed as ALCON AG 0.95% 91,481 $6.8M Reduce -0.3%
IAU iShares Gold Trust 0.94% 92,771 $6.8M Reduce -1.0%
IEI iShares 3-7 Year Treasury Bo 0.85% 50,976 $6.1M Add +7.5%
USMV iShares MSCI USA Min Vol Fac 0.74% 55,763 $5.3M Add +0.3%
EXPD Expeditors Intl Wash Inc. 0.73% 42,407 $5.2M Reduce -2.2%
USB US Bancorp 0.73% 107,546 $5.2M Reduce -0.6%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.72% 46,479 $5.2M Add +13.4%
EMXC iShares MSCI Emr MRK Ex Chna 0.63% 67,109 $4.5M Add +9.8%
TGT Target Corp. 0.60% 47,569 $4.3M Reduce -3.0%
SCHD Schwab US DVD Equity ETF 0.57% 148,657 $4.1M Add +2.5%
AAPL Apple Inc. 0.52% 14,647 $3.7M Add +0.2%
CAC Camden National Corp. 0.52% 95,626 $3.7M Add +0.1%
SNA Snap-on Inc. 0.47% 9,781 $3.4M Reduce -0.5%
ELV Elevance Health Inc. 0.46% 10,106 $3.3M Reduce -21.2%
TFC Truist Financial Corp. 0.41% 64,829 $3.0M Reduce -0.7%
IJH iShares Core S&P Midcap ETF 0.36% 38,953 $2.5M Reduce -1.6%
SPYG SS SPDR P S&P 500 Growth ETF 0.31% 21,503 $2.2M Add +13.1%
ABBV Abbvie Inc. 0.31% 9,429 $2.2M Reduce -4.9%
BRK.B Berkshire Hathaway Inc. Class B 0.26% 3,756 $1.9M Reduce -1.5%
IVV iShares Core S&P 500 ETF 0.24% 2,542 $1.7M Add +6.7%
HON Honeywell International Inc. 0.20% 6,917 $1.5M Add +2.0%
WMT Walmart Inc. 0.19% 12,907 $1.3M Reduce -4.9%
GLD SPDR Gold Shares 0.17% 3,514 $1.2M Reduce -4.7%
HUBB Hubbell Inc. 0.17% 2,856 $1.2M Add +1.5%
AMZN Amazon.com Inc. 0.17% 5,491 $1.2M Add +12.5%
XOM Exxon Mobil Corp. 0.14% 9,085 $1.0M Reduce -5.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 1,437 $957K Reduce -0.4%
LLY Eli Lilly & Co. 0.13% 1,247 $951K Reduce -1.3%
VYMI Vanguard Int High DVD YLD Inc. 0.13% 10,694 $906K Reduce -4.7%
EFA iShares MSCI Eafe ETF 0.13% 9,696 $905K No change
VIG Vanguard Dividend Apprec ETF 0.12% 4,005 $864K Reduce -5.0%
TRV The Travelers Cos Inc. 0.12% 2,996 $837K No change
IWF iShares Russell 1000 Growth 0.11% 1,697 $795K Reduce -10.4%
CAT Caterpillar Inc. 0.11% 1,647 $786K Add +2.9%
IVE iShares S&P 500 Value ETF 0.10% 3,566 $736K No change
T AT&T Inc. 0.10% 25,809 $729K Reduce -2.9%
AXP American Express Co. 0.10% 2,118 $704K Reduce -3.1%
UNH Unitedhealth Group Inc. 0.09% 1,965 $679K Add +14.4%
GOOG Alphabet Inc. Class C 0.09% 2,653 $646K Add +11.6%
KO The Coca-Cola Co. 0.09% 9,634 $639K Reduce -8.6%
PM Philip Morris International 0.09% 3,871 $628K Add +7.1%
META Meta Platforms Inc. Class A 0.08% 779 $572K Add +15.6%
KGC Kinross Gold Corp. 0.08% 22,435 $558K Reduce -3.2%
IWV iShares Russell 3000 ETF 0.07% 1,390 $527K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 1,839 $519K No change
ADP Automatic Data Processing 0.07% 1,761 $517K No change
MU Micron Technology Inc. 0.07% 2,895 $484K Add +11.2%
ITW Illinois Tool Works 0.07% 1,841 $480K Reduce -0.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 4,189 $480K Reduce -2.4%
CRH CRH PLC 0.07% 3,995 $479K Reduce -3.2%
MCK McKesson Corp. 0.07% 618 $477K Reduce -2.8%
RTX RTX Corp. 0.06% 2,605 $436K No change
UBER Uber Technologies Inc. 0.06% 4,320 $423K Reduce -3.2%
GD General Dynamics Corp. 0.06% 1,225 $418K Reduce -2.2%
MPC Marathon Petroleum Corp. 0.06% 2,160 $416K Reduce -2.9%
MS Morgan Stanley 0.06% 2,606 $414K Reduce -2.4%
AMAT Applied Materials Inc. 0.06% 2,004 $410K Reduce -2.0%
CEF Sprott Physical Gold and Sil 0.06% 11,167 $410K Reduce -0.7%
INTU Intuit Inc. 0.06% 593 $405K Reduce -7.8%
EMR Emerson Electric Co. 0.06% 3,070 $403K Add +10.0%
USFD US Foods Holding Corp. 0.05% 5,112 $392K Reduce -3.2%
COR Cencora Inc. 0.05% 1,249 $390K Reduce -3.3%
UNP Union Pacific Corp. 0.05% 1,625 $384K No change
MCHP Microchip Technology Inc. 0.05% 5,917 $380K Reduce -2.4%
DVY iShares Select Dividend ETF 0.05% 2,624 $373K Reduce -29.1%
ABT Abbott Laboratories 0.05% 2,755 $369K Reduce -4.2%
AZO AutoZone Inc. 0.05% 86 $369K Add +3.6%
SYY Sysco Corp. 0.05% 4,367 $360K Reduce -2.9%
NEM Newmont Corp. 0.05% 4,177 $352K Add +14.4%
URI United Rentals Inc. 0.05% 350 $334K Reduce -3.0%
FE Firstenergy Corp. 0.05% 7,200 $330K Add +7.6%
FLEX Flex Ltd. 0.04% 5,510 $319K Reduce -9.2%
WFC Wells Fargo & Co. 0.04% 3,798 $318K Reduce -3.2%
ADI Analog Devices Inc. 0.04% 1,292 $317K No change
GE General Electric filed as GE AEROSPACE 0.04% 1,050 $316K Reduce -10.6%
LPLA LPL Financial Holdings Inc. 0.04% 936 $311K Reduce -3.2%
APH Amphenol Corp. Class A 0.04% 2,516 $311K No change
LOW Lowe's Cos Inc. 0.04% 1,227 $308K Add +8.2%
MDY State Street SPDR S&P Midcap 0.04% 516 $308K No change
DELL Dell Technologies -C 0.04% 2,132 $302K Reduce -4.1%
HBAN Huntington Bancshares Inc. 0.04% 16,975 $293K Reduce -3.2%
PFE Pfizer Inc. 0.04% 11,341 $289K Add +0.9%
FANG Diamondback Energy Inc. 0.04% 2,001 $286K Reduce -3.2%
NXPI NXP Semiconductors NV 0.04% 1,255 $286K Add +8.6%
IDXX Idexx Laboratories Inc. 0.04% 447 $286K No change
ALL Allstate Corp. 0.04% 1,314 $282K Reduce -7.4%
CMI Cummins Inc. 0.04% 663 $280K New
COP Conocophillips 0.04% 2,935 $278K Reduce -5.4%
D Dominion Energy Inc. 0.04% 4,532 $277K No change
PPL PPL Corp. 0.04% 7,454 $277K Reduce -3.2%
DGX Quest Diagnostics Inc. 0.04% 1,432 $273K Add +17.1%
AON Aon PLC Class A 0.04% 757 $270K Add +5.0%
YUM Yum! Brands Inc. 0.04% 1,765 $268K No change
IEFA iShares Core MSCI Eafe ETF 0.04% 3,032 $265K Reduce -0.0%
AVGO Broadcom Inc. 0.04% 792 $261K New
KEYS Keysight Technologies Inc. 0.03% 1,394 $244K Reduce -3.3%
J Jacobs Solutions Inc. 0.03% 1,578 $236K Reduce -3.1%
NFLX Netflix Inc. 0.03% 196 $235K Reduce -2.0%
BKNG Booking Holdings Inc. 0.03% 43 $232K No change
COF Capital One Financial Corp. 0.03% 1,083 $230K Reduce -3.2%
WM Waste Management Inc. 0.03% 1,032 $228K Reduce -8.6%
CPAY Corpay Inc. 0.03% 789 $227K Reduce -3.2%
VZ Verizon Communications Inc. 0.03% 5,156 $227K Reduce -9.0%
QLTA iShares Aaa - A Rated Corpor 0.03% 4,504 $218K Reduce -0.5%
AZN Astrazeneca PLC-Spons ADR 0.03% 2,838 $218K Reduce -2.9%
IEF iShares 7-10 Year Treasury B 0.03% 2,248 $217K Reduce -3.7%
MA Mastercard Inc. Class A 0.03% 380 $216K New
GS Goldman Sachs Group Inc. 0.03% 271 $216K New
SCHW Schwab (charles) Corp. 0.03% 2,251 $215K Reduce -3.2%
CNP Centerpoint Energy Inc. 0.03% 5,466 $212K Reduce -3.1%
QUAL iShares MSCI USA Quality Fac 0.03% 1,088 $212K Reduce -20.9%
BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES 0.03% 6,925 $211K No change
FDX FedEx Corp. 0.03% 879 $207K New
CHRW C.H. Robinson Worldwide Inc. 0.03% 1,548 $205K New
ETR Entergy Corp. 0.03% 2,198 $205K New

Portfolio Sells Q2 2025 → Q3 2025
STZ Constellation Brands Inc. Class A Sold out 0.00% −1.13
ELV Elevance Health Inc. Reduce -21.2% 0.46% −0.26
COST Costco Wholesale Corp. Reduce -0.6% 2.21% −0.24
RSG Republic Services Inc. Reduce -1.0% 2.00% −0.24
DE Deere & Co. Reduce -0.1% 1.55% −0.23
ADBE Adobe Inc. Reduce -0.1% 1.73% −0.23
ALC Alcon Inc. Reduce -0.3% 0.95% −0.21
MKC McCormick & Co.-Non VTG SHRS Reduce -1.1% 1.00% −0.18
V Visa Inc. Class A Reduce -1.2% 2.05% −0.17
TXN Texas Instruments Inc. Reduce -1.2% 0.96% −0.17
CB Chubb Ltd. Reduce -0.9% 1.76% −0.12
SPGI S&P Global Inc. Reduce -0.1% 1.00% −0.12
TGT Target Corp. Reduce -3.0% 0.60% −0.10
KMI Kinder Morgan Inc. Reduce -0.4% 1.28% −0.10
PSA Public Storage Reduce -0.3% 1.39% −0.07
TMUS T-Mobile US Inc. Reduce -0.3% 2.26% −0.07
FIS Fidelity National Info Serv Sold out 0.00% −0.05
LIN Linde PLC Reduce -0.6% 2.09% −0.05
BSV Vanguard Short-Term Bond ETF Sold out 0.00% −0.05
NSC Norfolk Southern Corp. Sold out 0.00% −0.04
CI The Cigna Group Sold out 0.00% −0.03
CL Colgate-Palmolive Co. Sold out 0.00% −0.03
SYK Stryker Corp. Sold out 0.00% −0.03
WAB Wabtec Corp. Sold out 0.00% −0.03
SHW The Sherwin-Williams Co. Sold out 0.00% −0.03
DVY iShares Select Dividend ETF Reduce -29.1% 0.05% −0.02
KO The Coca-Cola Co. Reduce -8.6% 0.09% −0.02
INTU Intuit Inc. Reduce -7.8% 0.06% −0.02
MSFT Microsoft Corp. Reduce -1.3% 3.61% −0.01
DIS The Walt Disney Co. Reduce -2.4% 0.07% −0.01
T AT&T Inc. Reduce -2.9% 0.10% −0.01
LLY Eli Lilly & Co. Reduce -1.3% 0.13% −0.01
LPLA LPL Financial Holdings Inc. Reduce -3.2% 0.04% −0.01
MCHP Microchip Technology Inc. Reduce -2.4% 0.05% −0.01
CPAY Corpay Inc. Reduce -3.2% 0.03% −0.01
QUAL iShares MSCI USA Quality Fac Reduce -20.9% 0.03% −0.01
NFLX Netflix Inc. Reduce -2.0% 0.03% −0.01
WM Waste Management Inc. Reduce -8.6% 0.03% −0.01
XOM Exxon Mobil Corp. Reduce -5.0% 0.14% −0.01
WMT Walmart Inc. Reduce -4.9% 0.19% −0.01
ABT Abbott Laboratories Reduce -4.2% 0.05% −0.00
IWF iShares Russell 1000 Growth Reduce -10.4% 0.11% −0.00
USFD US Foods Holding Corp. Reduce -3.2% 0.05% −0.00
VZ Verizon Communications Inc. Reduce -9.0% 0.03% −0.00
VIG Vanguard Dividend Apprec ETF Reduce -5.0% 0.12% −0.00
VYMI Vanguard Int High DVD YLD Inc. Reduce -4.7% 0.13% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.5% 0.26% −0.00
COF Capital One Financial Corp. Reduce -3.2% 0.03% −0.00
AXP American Express Co. Reduce -3.1% 0.10% −0.00
IEF iShares 7-10 Year Treasury B Reduce -3.7% 0.03% −0.00

Portfolio Buys Q2 2025 → Q3 2025
TMO Thermo Fisher Scientific Inc. Add +0.4% 1.50% +0.21
IJR iShares Core S&P Small-Cap E Add +5.4% 1.45% +0.15
VEA Vanguard Ftse Developed ETF Add +6.1% 1.89% +0.14
SLQD iShares 0-5 YR Inv GRD Corp. Add +8.7% 2.36% +0.13
SHY iShares 1-3 Year Treasury Bo Add +11.1% 1.71% +0.13
AAPL Apple Inc. Add +0.2% 0.52% +0.09
EMXC iShares MSCI Emr MRK Ex Chna Add +9.8% 0.63% +0.08
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +13.4% 0.72% +0.08
SPYG SS SPDR P S&P 500 Growth ETF Add +13.1% 0.31% +0.05
TIP iShares Tips Bond ETF Add +6.2% 1.13% +0.05
PEP Pepsico Inc. Add +0.4% 1.18% +0.04
CMI Cummins Inc. New 0.04% +0.04
IEI iShares 3-7 Year Treasury Bo Add +7.5% 0.85% +0.04
AVGO Broadcom Inc. New 0.04% +0.04
GS Goldman Sachs Group Inc. New 0.03% +0.03
MA Mastercard Inc. Class A New 0.03% +0.03
GOOG Alphabet Inc. Class C Add +11.6% 0.09% +0.03
DUK Duke Energy Corp. Add +0.6% 1.25% +0.03
FDX FedEx Corp. New 0.03% +0.03
CHRW C.H. Robinson Worldwide Inc. New 0.03% +0.03
ETR Entergy Corp. New 0.03% +0.03
BNDX Vanguard Total Intl Bond ETF Add +5.7% 1.16% +0.03
IVV iShares Core S&P 500 ETF Add +6.7% 0.24% +0.02
MU Micron Technology Inc. Add +11.2% 0.07% +0.02
CAT Caterpillar Inc. Add +2.9% 0.11% +0.02
NEM Newmont Corp. Add +14.4% 0.05% +0.02
UNH Unitedhealth Group Inc. Add +14.4% 0.09% +0.02
AMZN Amazon.com Inc. Add +12.5% 0.17% +0.01
SCHD Schwab US DVD Equity ETF Add +2.5% 0.57% +0.01
META Meta Platforms Inc. Class A Add +15.6% 0.08% +0.01
FE Firstenergy Corp. Add +7.6% 0.05% +0.01
AZO AutoZone Inc. Add +3.6% 0.05% +0.01
LOW Lowe's Cos Inc. Add +8.2% 0.04% +0.01
DGX Quest Diagnostics Inc. Add +17.1% 0.04% +0.01
HUBB Hubbell Inc. Add +1.5% 0.17% +0.01
NXPI NXP Semiconductors NV Add +8.6% 0.04% +0.00
EMR Emerson Electric Co. Add +10.0% 0.06% +0.00
PFE Pfizer Inc. Add +0.9% 0.04% +0.00
AON Aon PLC Class A Add +5.0% 0.04% +0.00
PM Philip Morris International Add +7.1% 0.09% −0.01
USMV iShares MSCI USA Min Vol Fac Add +0.3% 0.74% −0.01
HON Honeywell International Inc. Add +2.0% 0.20% −0.02
CAC Camden National Corp. Add +0.1% 0.52% −0.04
PG The Procter & Gamble Co. Add +0.2% 1.69% −0.11
ZTS Zoetis Inc. Add +0.7% 1.29% −0.12
MDLZ Mondelez International Inc. Class A Add +0.0% 1.13% −0.13
CHKP Check Point Software Tech Add +0.5% 1.63% −0.16
VRTX Vertex Pharmaceuticals Inc. Add +2.1% 1.14% −0.17
ACN Accenture PLC Class A Add +0.1% 1.54% −0.38

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