First National Corp. /Ma/

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 12, 2024), First National Corp. /Ma/ reported 155 stock positions worth $419.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.5% of the portfolio, followed by Schwab US Broad Market ETF (SCHB, 6.0%) and Wisdomtree Floating Rate Tre (USFR, 4.4%). Compared with Q1 2024, it opened 9 new positions, sold out of 8, added to 59 and reduced 65. The biggest buy was Goldman Sachs Activebeta Int (GSIE, shares +1385%) and the biggest sale Vanguard Real Estate ETF (VNQ, shares −26%).

Most Recent 13F
Q3 2025
Location
ROCKLAND, MA
CIK
0000816192
Portfolio Value
$419.9M (Q2 2024)
SEC Filing
0001951757-24-000496 ↗ filed Jul 12, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $406.8M Q1 2024 Q2 2024: $419.9M $419.9M Q2 2024 Q3 2024: $449.6M Q3 2024 Q4 2024: $441.7M Q4 2024 Q1 2025: $452.9M Q1 2025 Q2 2025: $496.0M Q2 2025 Q3 2025: $527.5M Q3 2025

Holdings 155 stocks · $419.9M
SPY SS SPDR S&P 500 ETF Trust-US 6.50% 50,183 $27.3M Add +1.6%
SCHB Schwab US Broad Market ETF 6.00% 400,404 $25.2M Reduce -15.7%
USFR Wisdomtree Floating Rate Tre 4.38% 365,642 $18.4M Reduce -6.1%
SCHX Schwab US Large-Cap ETF 3.51% 229,110 $14.7M Add +1.0%
AAPL Apple Inc. 3.37% 67,166 $14.1M Reduce -14.2%
SCHD Schwab US DVD Equity ETF 3.36% 181,467 $14.1M Add +4.4%
TLT iShares 20+ Year Treasury BD 3.34% 152,597 $14.0M Add +38.6%
SCHM Schwab US Mid Cap ETF 2.83% 152,666 $11.9M Reduce -9.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.73% 47,333 $11.5M Reduce -6.2%
SCHA Schwab US Small-Cap ETF 2.70% 239,190 $11.3M Reduce -11.9%
VPU Vanguard Utilities ETF 2.58% 73,336 $10.8M Add +38.9%
VB Vanguard Most SM-Cap ETF-Usd 2.47% 47,512 $10.4M Add +3.0%
GLD SPDR Gold Shares 2.30% 44,821 $9.6M Reduce -1.9%
DFAI Dimensional International Co. 2.04% 288,545 $8.6M Reduce -15.8%
QQQ Invesco QQQ Trust Series 1 1.97% 17,250 $8.3M Reduce -4.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 1.92% 75,396 $8.1M Add +3.1%
SDY SS SPDR S&P Dividend ETF 1.90% 62,668 $8.0M Reduce -11.9%
DGRO iShares Core Dividend Growth 1.47% 107,410 $6.2M Add +12.1%
SCHF Schwab Intl Equity ETF 1.46% 159,212 $6.1M Reduce -26.6%
BRK.B Berkshire Hathaway Inc. Class B 1.45% 15,008 $6.1M Reduce -3.5%
SOXX iShares Semiconductor ETF 1.37% 23,343 $5.8M Add +50.6%
LDUR PIMCO Enhanced Low Duration 1.32% 58,430 $5.5M Add +26.6%
LLY Eli Lilly & Co. 1.31% 6,059 $5.5M Reduce -13.1%
VNQ Vanguard Real Estate ETF 1.31% 65,481 $5.5M Reduce -25.7%
AWK American Water Works Co. Inc. 1.28% 41,519 $5.4M Add +0.1%
PROSHARES SHORT S&P500 1.16% 426,957 $4.9M Add +50.8%
BOND PIMCO Active Bond Exchange-T 1.08% 49,933 $4.5M Add +461.6%
VEA Vanguard Ftse Developed ETF 1.05% 89,329 $4.4M Reduce -8.3%
GSIE Goldman Sachs Activebeta Int 0.98% 122,316 $4.1M Add +1385.3%
PROSHARES ULTRASHORT BLOOMBE 0.85% 229,358 $3.6M Add +51.2%
MSFT Microsoft Corp. 0.82% 7,675 $3.4M Reduce -9.2%
WTRG Essential Utilities Inc. 0.76% 85,889 $3.2M Reduce -5.0%
GOOGL Alphabet Inc. Class A 0.73% 16,910 $3.1M Reduce -25.3%
DBO Invesco DB Oil Fund 0.71% 188,439 $3.0M Reduce -20.9%
IVV iShares Core S&P 500 ETF 0.68% 5,238 $2.9M Add +1.5%
XCEM Columbia Em Core Ex-China 0.67% 88,255 $2.8M Add +16.2%
AMZN Amazon.com Inc. 0.66% 14,431 $2.8M Add +2.1%
COST Costco Wholesale Corp. 0.66% 3,241 $2.8M Add +4.6%
SSO Proshares Ultra S&P500 0.64% 32,616 $2.7M No change
VOX Vanguard Communication Servi 0.64% 19,406 $2.7M Add +59.0%
VOO Vanguard S&P 500 ETF 0.63% 5,327 $2.7M Reduce -45.1%
XLE SS Energy Select Sector 0.61% 28,130 $2.6M Add +14.1%
PFF iShares Preferred & Income S 0.59% 78,235 $2.5M Add +32.0%
IBB iShares Biotechnology ETF 0.52% 15,901 $2.2M Add +5.2%
LEG Leggett & Platt Inc. 0.49% 180,589 $2.1M No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.49% 30,559 $2.0M Add +2.5%
EFA iShares MSCI Eafe ETF 0.49% 26,029 $2.0M Reduce -26.7%
CWB SS SPDR BB Conv Sec ETF 0.46% 27,077 $2.0M Reduce -4.5%
ICF iShares Select U.S. REIT ETF 0.45% 33,083 $1.9M Add +13.9%
FLRN SS SPDR BB Ig Float RT ETF 0.45% 61,278 $1.9M Add +0.9%
BNDX Vanguard Total Intl Bond ETF 0.45% 38,821 $1.9M Reduce -0.5%
TFI SS SPDR N Ice Muni Bond ETF 0.44% 40,469 $1.9M Add +4.4%
GOOG Alphabet Inc. Class C 0.42% 9,652 $1.8M Reduce -5.5%
JNJ Johnson & Johnson 0.40% 11,513 $1.7M Reduce -6.5%
CWT California Water Service Grp 0.38% 33,016 $1.6M Add +3.8%
FNDB Schwab Fndmntl US BRD Mr ETF 0.38% 24,199 $1.6M Reduce -2.3%
SCHP Schwab U.S. Tips ETF 0.38% 30,419 $1.6M Add +8.3%
AWR American States Water Co. filed as AMER STATES WTR CO 0.37% 21,257 $1.5M Add +4.7%
NVDA Nvidia Corp. 0.37% 12,474 $1.5M Reduce -25.8%
HTO H2O America filed as SJW GROUP 0.37% 28,349 $1.5M Add +14.4%
IJH iShares Core S&P Midcap ETF 0.36% 26,097 $1.5M Add +400.8%
MRK Merck & Co. Inc. 0.36% 12,322 $1.5M Reduce -1.7%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.35% 53,288 $1.5M Add +44.1%
IJR iShares Core S&P Small-Cap E 0.34% 13,453 $1.4M Add +1.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.33% 8,714 $1.4M Reduce -52.6%
VTI VG Morningstar TS MKT ETF-US 0.32% 5,073 $1.4M Reduce -6.6%
FREL Fidelity MSCI RL Est Indx 0.31% 52,065 $1.3M Reduce -10.4%
ABT Abbott Laboratories 0.30% 12,209 $1.3M Add +4.6%
CORP PIMCO Inv Grade Corp. BD ETF 0.29% 12,831 $1.2M Reduce -15.9%
ABBV Abbvie Inc. 0.29% 7,019 $1.2M Add +5.2%
HDV iShares Core High Dividend E 0.28% 10,916 $1.2M Add +8.3%
DUK Duke Energy Corp. 0.28% 11,831 $1.2M Add +0.2%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.28% 39,341 $1.2M Add +0.3%
XOM Exxon Mobil Corp. 0.26% 9,403 $1.1M Add +4.7%
SPGI S&P Global Inc. 0.25% 2,324 $1.0M No change
IEFA iShares Core MSCI Eafe ETF 0.24% 14,024 $1.0M Reduce -3.5%
AGG iShares Core U.S. Aggregate 0.24% 10,285 $998K New
V Visa Inc. Class A 0.24% 3,803 $998K Reduce -0.9%
SCHE Schwab Emrg Mrkts Eqty ETF 0.22% 35,417 $941K Reduce -47.6%
PG The Procter & Gamble Co. 0.22% 5,624 $928K Add +1.0%
META Meta Platforms Inc. Class A 0.22% 1,838 $927K Reduce -18.1%
IWV iShares Russell 3000 ETF 0.21% 2,902 $896K No change
JPM JPMorgan Chase & Co. 0.21% 4,418 $893K Add +1.4%
VWO Vanguard Ftse Emerging Marke 0.20% 19,432 $850K Reduce -15.9%
ESGV Vanguard ESG US Stock ETF 0.20% 8,717 $842K Add +0.6%
SPYX SS SPDR S&P 500 Foss FL ETF 0.20% 18,568 $828K Reduce -3.5%
HD Home Depot Inc. 0.19% 2,312 $796K Reduce -1.5%
SO The Southern Co. 0.18% 9,856 $765K Add +2.5%
QLD Proshares Ultra QQQ 0.18% 7,639 $762K Reduce -71.6%
CSW CSW Industrials Inc. 0.18% 2,847 $755K No change
KEX Kirby Corp. 0.18% 6,242 $747K No change
VLO Valero Energy Corp. 0.18% 4,692 $735K Add +2.7%
AMGN Amgen Inc. 0.17% 2,330 $728K Reduce -3.7%
TIP iShares Tips Bond ETF 0.17% 6,559 $700K Reduce -8.1%
USIG iShares Broad Usd Investment 0.16% 13,221 $664K Reduce -3.6%
CVX Chevron Corp. 0.15% 4,061 $635K No change
GD General Dynamics Corp. 0.14% 2,085 $605K No change
IVW iShares S&P 500 Growth ETF 0.14% 6,413 $593K Reduce -3.0%
PLNT Planet Fitness Inc. Class A 0.14% 7,935 $584K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.14% 3,345 $578K Reduce -3.7%
CSCO Cisco Systems Inc. 0.14% 12,047 $572K Reduce -6.3%
QCOM Qualcomm Inc. 0.13% 2,811 $560K Reduce -0.8%
KO The Coca-Cola Co. 0.13% 8,430 $537K Reduce -4.9%
PAYX Paychex Inc. 0.13% 4,467 $530K No change
TXN Texas Instruments Inc. 0.12% 2,675 $520K Add +5.0%
VEU Vanguard Ftse All-World Ex-U 0.12% 8,711 $511K Add +8.7%
NEE Nextera Energy Inc. 0.12% 7,185 $509K Reduce -21.2%
SPIP SS SPDR P Tips ETF 0.12% 19,735 $502K No change
TRV The Travelers Cos Inc. 0.12% 2,424 $493K Add +2.8%
USSG Xtrackers MSCI USA Sele Eqty 0.12% 9,602 $491K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.11% 9,266 $464K Add +9.7%
VZ Verizon Communications Inc. 0.11% 10,811 $446K Reduce -1.6%
CAT Caterpillar Inc. 0.10% 1,318 $439K No change
VT Vanguard Tot World STK ETF 0.10% 3,878 $437K Reduce -1.2%
KMB Kimberly-Clark Corp. 0.10% 3,085 $426K Reduce -3.5%
CL Colgate-Palmolive Co. 0.10% 4,277 $415K Reduce -5.7%
EFAX State Street SPDR MSCI Eafe 0.10% 10,147 $414K Add +2.8%
OILK Pros K-1 Free CR Oil ETF-Usd 0.10% 8,552 $413K New
DFIV Dimensional International Va 0.09% 10,963 $394K Add +2.7%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.09% 15,196 $391K No change
TSLA Tesla Inc. 0.09% 1,869 $370K Add +33.4%
LMT Lockheed Martin Corp. 0.09% 779 $364K Add +17.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 3,623 $360K Reduce -0.0%
AFL Aflac Inc. 0.09% 4,000 $357K No change
GNMA iShares Gnma Bond ETF 0.08% 8,204 $353K Reduce -9.2%
UNP Union Pacific Corp. 0.08% 1,526 $345K Add +7.1%
AXP American Express Co. 0.08% 1,464 $339K Add +20.7%
VIG Vanguard Dividend Apprec ETF 0.08% 1,838 $336K Reduce -21.6%
RACE Ferrari NV 0.08% 800 $326K New
FLOT iShares Floating Rate Bond E 0.08% 6,346 $324K Add +9.6%
HON Honeywell International Inc. 0.08% 1,497 $320K Reduce -11.0%
WM Waste Management Inc. 0.08% 1,479 $316K No change
DE Deere & Co. 0.07% 839 $313K Reduce -33.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.07% 835 $312K Add +0.1%
ORCL Oracle Corp. 0.07% 2,124 $300K No change
IFLN Invesco Bloomberg Enhanced F 0.07% 15,261 $274K Reduce -12.6%
MCD McDonald's Corp. 0.06% 1,044 $266K Add +9.8%
SPYG SS SPDR P S&P 500 Growth ETF 0.06% 3,251 $261K Reduce -1.3%
RTX RTX Corp. 0.06% 2,590 $260K Reduce -54.9%
PEP Pepsico Inc. 0.06% 1,569 $259K No change
INTC Intel Corp. 0.06% 8,343 $258K Reduce -7.3%
PFE Pfizer Inc. 0.06% 9,201 $257K Reduce -8.5%
PSX Phillips 66 0.06% 1,801 $254K No change
EMR Emerson Electric Co. 0.06% 2,225 $245K No change
NUSC Nuveen ESG Small-Cap ETF 0.06% 5,964 $235K Add +3.1%
PGR Progressive Corp. 0.06% 1,125 $234K New
CAC Camden National Corp. 0.06% 7,039 $232K No change
IHF iShares U.S. Healthcare Prov 0.05% 4,265 $224K Reduce -18.2%
TT Trane Technologies PLC 0.05% 672 $221K New
WMT Walmart Inc. 0.05% 3,256 $220K New
HUBS HubSpot Inc. 0.05% 363 $214K New
BA The Boeing Co. 0.05% 1,160 $211K No change
XLF SS Financial Select Sector 0.05% 5,133 $211K New
GIS General Mills Inc. 0.05% 3,318 $210K Reduce -12.7%
FBTC Fidelity Wise Origin Bitcoin 0.05% 3,929 $206K New

Portfolio Sells Q1 2024 → Q2 2024
VNQ Vanguard Real Estate ETF Reduce -25.7% 1.31% −0.61
SCHF Schwab Intl Equity ETF Reduce -26.6% 1.46% −0.51
SCHB Schwab US Broad Market ETF Reduce -15.7% 6.00% −0.50
SCHA Schwab US Small-Cap ETF Reduce -11.9% 2.70% −0.45
USFR Wisdomtree Floating Rate Tre Reduce -6.1% 4.38% −0.43
VOO Vanguard S&P 500 ETF Reduce -45.1% 0.63% −0.41
DFAI Dimensional International Co. Reduce -15.8% 2.04% −0.37
VTV Vanguard Mrngstr Val ETF-Aui Reduce -52.6% 0.33% −0.34
AAPL Apple Inc. Reduce -14.2% 3.37% −0.33
QLD Proshares Ultra QQQ Reduce -71.6% 0.18% −0.32
SCHM Schwab US Mid Cap ETF Reduce -9.7% 2.83% −0.30
SDY SS SPDR S&P Dividend ETF Reduce -11.9% 1.90% −0.29
IHF iShares U.S. Healthcare Prov Reduce -18.2% 0.05% −0.28
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -47.6% 0.22% −0.19
EFA iShares MSCI Eafe ETF Reduce -26.7% 0.49% −0.17
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -6.2% 2.73% −0.16
MBB iShares MBS ETF Sold out 0.00% −0.15
DBO Invesco DB Oil Fund Reduce -20.9% 0.71% −0.10
VEA Vanguard Ftse Developed ETF Reduce -8.3% 1.05% −0.10
CORP PIMCO Inv Grade Corp. BD ETF Reduce -15.9% 0.29% −0.07
JNJ Johnson & Johnson Reduce -6.5% 0.40% −0.07
CVS CVS Health Corp. Sold out 0.00% −0.07
FREL Fidelity MSCI RL Est Indx Reduce -10.4% 0.31% −0.07
WTRG Essential Utilities Inc. Reduce -5.0% 0.76% −0.07
RTX RTX Corp. Reduce -54.9% 0.06% −0.06
DEO Diageo PLC-Sponsored ADR Sold out 0.00% −0.06
MUB iShares National Muni Bond E Sold out 0.00% −0.05
IGOV iShares International Treasu Sold out 0.00% −0.05
SBUX Starbucks Corp. Sold out 0.00% −0.05
ED Consolidated Edison Inc. Sold out 0.00% −0.05
ITA iShares U.S. Aerospace & Def Sold out 0.00% −0.05
INTC Intel Corp. Reduce -7.3% 0.06% −0.05
DE Deere & Co. Reduce -33.3% 0.07% −0.05
GOOGL Alphabet Inc. Class A Reduce -25.3% 0.73% −0.04
CWB SS SPDR BB Conv Sec ETF Reduce -4.5% 0.46% −0.04
VWO Vanguard Ftse Emerging Marke Reduce -15.9% 0.20% −0.03
CSCO Cisco Systems Inc. Reduce -6.3% 0.14% −0.02
BNDX Vanguard Total Intl Bond ETF Reduce -0.5% 0.45% −0.02
TIP iShares Tips Bond ETF Reduce -8.1% 0.17% −0.02
VIG Vanguard Dividend Apprec ETF Reduce -21.6% 0.08% −0.02
NEE Nextera Energy Inc. Reduce -21.2% 0.12% −0.01
USIG iShares Broad Usd Investment Reduce -3.6% 0.16% −0.01
GNMA iShares Gnma Bond ETF Reduce -9.2% 0.08% −0.01
IFLN Invesco Bloomberg Enhanced F Reduce -12.6% 0.07% −0.01
GIS General Mills Inc. Reduce -12.7% 0.05% −0.01
HON Honeywell International Inc. Reduce -11.0% 0.08% −0.01
HD Home Depot Inc. Reduce -1.5% 0.19% −0.01
PFE Pfizer Inc. Reduce -8.5% 0.06% −0.01
IEFA iShares Core MSCI Eafe ETF Reduce -3.5% 0.24% −0.01
V Visa Inc. Class A Reduce -0.9% 0.24% −0.01

Portfolio Buys Q1 2024 → Q2 2024
GSIE Goldman Sachs Activebeta Int Add +1385.3% 0.98% +0.91
BOND PIMCO Active Bond Exchange-T Add +461.6% 1.08% +0.88
VPU Vanguard Utilities ETF Add +38.9% 2.58% +0.80
SPY SS SPDR S&P 500 ETF Trust-US Add +1.6% 6.50% +0.73
TLT iShares 20+ Year Treasury BD Add +38.6% 3.34% +0.66
SCHX Schwab US Large-Cap ETF Add +1.0% 3.51% +0.36
VOX Vanguard Communication Servi Add +59.0% 0.64% +0.29
PROSHARES SHORT S&P500 Add +50.8% 1.16% +0.26
LDUR PIMCO Enhanced Low Duration Add +26.6% 1.32% +0.24
AGG iShares Core U.S. Aggregate New 0.24% +0.24
DGRO iShares Core Dividend Growth Add +12.1% 1.47% +0.21
COST Costco Wholesale Corp. Add +4.6% 0.66% +0.15
AMZN Amazon.com Inc. Add +2.1% 0.66% +0.14
PFF iShares Preferred & Income S Add +32.0% 0.59% +0.13
SCHD Schwab US DVD Equity ETF Add +4.4% 3.36% +0.11
XCEM Columbia Em Core Ex-China Add +16.2% 0.67% +0.11
XLE SS Energy Select Sector Add +14.1% 0.61% +0.10
OILK Pros K-1 Free CR Oil ETF-Usd New 0.10% +0.10
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +44.1% 0.35% +0.08
RACE Ferrari NV New 0.08% +0.08
IVV iShares Core S&P 500 ETF Add +1.5% 0.68% +0.08
PROSHARES ULTRASHORT BLOOMBE Add +51.2% 0.85% +0.07
PGR Progressive Corp. New 0.06% +0.06
TT Trane Technologies PLC New 0.05% +0.05
WMT Walmart Inc. New 0.05% +0.05
HUBS HubSpot Inc. New 0.05% +0.05
XLF SS Financial Select Sector New 0.05% +0.05
FBTC Fidelity Wise Origin Bitcoin New 0.05% +0.05
VB Vanguard Most SM-Cap ETF-Usd Add +3.0% 2.47% +0.05
XOM Exxon Mobil Corp. Add +4.7% 0.26% +0.04
FNDX Schwab Fndmntl US LRG Co. ETF Add +2.5% 0.49% +0.03
ABBV Abbvie Inc. Add +5.2% 0.29% +0.03
ICF iShares Select U.S. REIT ETF Add +13.9% 0.45% +0.03
JPM JPMorgan Chase & Co. Add +1.4% 0.21% +0.03
HDV iShares Core High Dividend E Add +8.3% 0.28% +0.03
VLO Valero Energy Corp. Add +2.7% 0.18% +0.03
AXP American Express Co. Add +20.7% 0.08% +0.02
PG The Procter & Gamble Co. Add +1.0% 0.22% +0.02
ESGV Vanguard ESG US Stock ETF Add +0.6% 0.20% +0.02
TXN Texas Instruments Inc. Add +5.0% 0.12% +0.02
SO The Southern Co. Add +2.5% 0.18% +0.02
SCHP Schwab U.S. Tips ETF Add +8.3% 0.38% +0.02
FNDE Schwab Fndmntl Em MRK Eq ETF Add +0.3% 0.28% +0.02
IBB iShares Biotechnology ETF Add +5.2% 0.52% +0.01
LMT Lockheed Martin Corp. Add +17.5% 0.09% +0.01
VEU Vanguard Ftse All-World Ex-U Add +8.7% 0.12% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.07% +0.01
IJH iShares Core S&P Midcap ETF Add +400.8% 0.36% +0.01
TRV The Travelers Cos Inc. Add +2.8% 0.12% +0.01
FLOT iShares Floating Rate Bond E Add +9.6% 0.08% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 174$527.5MSPY, USFR, SCHB, GLD, SCHX
Q2 2025 163$496.0MSPY, USFR, SCHB, GLD, SCHX
Q1 2025 160$452.9MSPY, GLD, SCHB, SH, SCHD
Q4 2024 153$441.7MSPY, SCHB, GLD, SH, AAPL
Q3 2024 145$449.6MSPY, GLD, SCHB, PROSHARES SHORT S&P500, USFR
Q2 2024 155$419.9MSPY, SCHB, USFR, SCHX, AAPL
Q1 2024 154$406.8MSCHB, SPY, USFR, AAPL, SCHD