First National Corp. /Ma/
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 8, 2025), First National Corp. /Ma/ reported 163 stock positions worth $496.0 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.4% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 5.1%) and Schwab US Broad Market ETF (SCHB, 4.7%). Compared with Q1 2025, it opened 6 new positions, sold out of 3, added to 71 and reduced 52. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +1673%) and the biggest sale Proshares Short S&P500 (SH, shares −25%).
- Most Recent 13F
- Q3 2025
- Location
- ROCKLAND, MA
- CIK
- 0000816192
- Portfolio Value
- $496.0M (Q2 2025)
- SEC Filing
- 0001951757-25-000583 ↗ filed Jul 8, 2025
Holdings Value
Holdings 163 stocks · $496.0M
| SPY SS SPDR S&P 500 ETF Trust-US | 6.42% | 51,514 | $31.8M | Add +1.3% |
| USFR Wisdomtree Floating Rate Tre | 5.07% | 499,748 | $25.1M | Add +51.3% |
| SCHB Schwab US Broad Market ETF | 4.71% | 979,600 | $23.3M | Reduce -0.8% |
| GLD SPDR Gold Shares | 3.72% | 60,584 | $18.5M | Reduce -24.0% |
| SCHX Schwab US Large-Cap ETF | 3.57% | 724,705 | $17.7M | Reduce -0.1% |
| SCHD Schwab US DVD Equity ETF | 3.15% | 590,568 | $15.7M | Reduce -0.8% |
| SCHM Schwab US Mid Cap ETF | 3.14% | 554,828 | $15.6M | Add +4.5% |
| SCHA Schwab US Small-Cap ETF | 2.94% | 575,874 | $14.6M | Add +5.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.81% | 49,865 | $14.0M | Add +5.2% |
| AGG iShares Core U.S. Aggregate | 2.76% | 138,078 | $13.7M | Add +1672.7% |
| AAPL Apple Inc. | 2.57% | 62,160 | $12.8M | Reduce -7.3% |
| SH Proshares Short S&P500 | 2.48% | 309,613 | $12.3M | Reduce -25.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.46% | 51,548 | $12.2M | Add +6.6% |
| IMTB iShares Core 5-10 Year Usd | 2.28% | 259,691 | $11.3M | New |
| QQQ Invesco QQQ Trust Series 1 | 2.10% | 18,851 | $10.4M | Add +11.4% |
| QLD Proshares Ultra QQQ | 1.87% | 78,869 | $9.3M | Add +9.2% |
| LDUR PIMCO Enhanced Low Duration | 1.81% | 93,703 | $9.0M | Add +5.7% |
| BOND PIMCO Active Bond Exchange-T | 1.81% | 97,409 | $9.0M | Add +11.3% |
| DFAI Dimensional International Co. | 1.79% | 256,988 | $8.9M | Reduce -7.5% |
| SDY SS SPDR S&P Dividend ETF | 1.73% | 63,115 | $8.6M | Reduce -0.3% |
| TLT iShares 20+ Year Treasury BD | 1.71% | 96,221 | $8.5M | Reduce -40.7% |
| SCHF Schwab Intl Equity ETF | 1.56% | 350,874 | $7.8M | Reduce -0.8% |
| DGRO iShares Core Dividend Growth | 1.47% | 113,715 | $7.3M | Add +6.8% |
| VNQ Vanguard Real Estate ETF | 1.31% | 72,920 | $6.5M | Add +1.9% |
| TBT Proshares Ultrashort 20+Y TR | 1.26% | 177,954 | $6.2M | Reduce -7.5% |
| GSIE Goldman Sachs Activebeta Int | 1.15% | 143,385 | $5.7M | Add +1.9% |
| KBWP Invesco KBW Property & Casua | 1.05% | 42,295 | $5.2M | Add +50.2% |
| VEA Vanguard Ftse Developed ETF | 0.99% | 86,508 | $4.9M | Add +0.5% |
| MSFT Microsoft Corp. | 0.84% | 8,345 | $4.2M | Add +12.7% |
| VPU Vanguard Utilities ETF | 0.83% | 23,419 | $4.1M | Reduce -47.9% |
| VOO Vanguard S&P 500 ETF | 0.81% | 7,052 | $4.0M | Add +2.9% |
| ITA iShares U.S. Aerospace & Def | 0.78% | 20,379 | $3.8M | Add +68.6% |
| AMZN Amazon.com Inc. | 0.73% | 16,615 | $3.6M | Add +3.7% |
| COST Costco Wholesale Corp. | 0.73% | 3,644 | $3.6M | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.71% | 5,704 | $3.5M | Reduce -1.2% |
| XCEM Columbia Em Core Ex-China | 0.68% | 98,857 | $3.4M | Add +3.0% |
| SOXX iShares Semiconductor ETF | 0.65% | 13,586 | $3.2M | Reduce -19.6% |
| LLY Eli Lilly & Co. | 0.64% | 4,045 | $3.2M | Add +0.7% |
| SSO Proshares Ultra S&P500 | 0.63% | 32,132 | $3.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.61% | 17,303 | $3.0M | Reduce -0.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.59% | 4 | $2.9M | No change |
| VRP Invesco Variable Rate Prefer | 0.56% | 114,306 | $2.8M | Add +10.4% |
| CWB SS SPDR BB Conv Sec ETF | 0.50% | 30,183 | $2.5M | Add +0.7% |
| NVDA Nvidia Corp. | 0.49% | 15,354 | $2.4M | Reduce -4.3% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.47% | 95,658 | $2.3M | Add +3.5% |
| EFA iShares MSCI Eafe ETF | 0.47% | 26,029 | $2.3M | No change |
| FLRN SS SPDR BB Ig Float RT ETF | 0.45% | 73,122 | $2.3M | Add +0.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.45% | 45,337 | $2.2M | Add +0.4% |
| ICF iShares Select U.S. REIT ETF | 0.43% | 34,675 | $2.1M | Add +5.7% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 0.41% | 85,225 | $2.0M | No change |
| SCHP Schwab U.S. Tips ETF | 0.40% | 74,812 | $2.0M | Add +8.7% |
| IJH iShares Core S&P Midcap ETF | 0.40% | 32,033 | $2.0M | Add +6.6% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.40% | 44,291 | $2.0M | Add +0.2% |
| HTO H2O America | 0.39% | 36,913 | $1.9M | Reduce -8.6% |
| IJR iShares Core S&P Small-Cap E | 0.38% | 17,354 | $1.9M | Add +8.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.37% | 10,426 | $1.8M | Add +5.3% |
| AWR American States Water Co. filed as AMER STATES WTR CO | 0.37% | 23,746 | $1.8M | Reduce -22.2% |
| AWK American Water Works Co. Inc. | 0.36% | 12,931 | $1.8M | Reduce -21.5% |
| WTRG Essential Utilities Inc. | 0.36% | 47,548 | $1.8M | Reduce -22.2% |
| CWT California Water Service Grp | 0.35% | 38,366 | $1.7M | Reduce -21.9% |
| GOOG Alphabet Inc. Class C | 0.35% | 9,716 | $1.7M | Add +0.0% |
| FREL Fidelity MSCI RL Est Indx | 0.34% | 61,836 | $1.7M | Reduce -0.7% |
| LEG Leggett & Platt Inc. | 0.32% | 178,005 | $1.6M | No change |
| ABT Abbott Laboratories | 0.31% | 11,272 | $1.5M | Add +0.0% |
| HDV iShares Core High Dividend E | 0.30% | 12,816 | $1.5M | Add +2.1% |
| JNJ Johnson & Johnson | 0.30% | 9,786 | $1.5M | Add +1.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.30% | 4,880 | $1.5M | Add +23.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.29% | 17,467 | $1.5M | Add +0.6% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.28% | 42,271 | $1.4M | No change |
| V Visa Inc. Class A | 0.28% | 3,927 | $1.4M | No change |
| META Meta Platforms Inc. Class A | 0.28% | 1,853 | $1.4M | No change |
| CORP PIMCO Inv Grade Corp. BD ETF | 0.27% | 13,517 | $1.3M | Reduce -4.7% |
| JPM JPMorgan Chase & Co. | 0.26% | 4,405 | $1.3M | Reduce -0.6% |
| SPGI S&P Global Inc. | 0.25% | 2,324 | $1.2M | Reduce -0.0% |
| DUK Duke Energy Corp. | 0.24% | 10,287 | $1.2M | Reduce -3.9% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.24% | 22,986 | $1.2M | Add +3.5% |
| GME Gamestop Corp. Class A | 0.23% | 46,629 | $1.1M | Add +51.1% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 22,170 | $1.1M | No change |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.22% | 40,400 | $1.1M | Reduce -28.3% |
| XOM Exxon Mobil Corp. | 0.21% | 9,866 | $1.1M | Add +8.5% |
| ESGV Vanguard ESG US Stock ETF | 0.21% | 9,694 | $1.1M | Add +1.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 3,529 | $1.0M | Add +11.1% |
| IWV iShares Russell 3000 ETF | 0.21% | 2,902 | $1.0M | No change |
| PG The Procter & Gamble Co. | 0.19% | 5,769 | $919K | Add +1.2% |
| ABBV Abbvie Inc. | 0.18% | 4,900 | $910K | Add +0.1% |
| HD Home Depot Inc. | 0.17% | 2,247 | $824K | Reduce -0.5% |
| CSW CSW Industrials Inc. | 0.16% | 2,847 | $817K | No change |
| SO The Southern Co. | 0.16% | 8,704 | $799K | No change |
| MRK Merck & Co. Inc. | 0.15% | 9,621 | $762K | Reduce -2.6% |
| KEX Kirby Corp. | 0.14% | 6,242 | $708K | No change |
| TSLA Tesla Inc. | 0.14% | 2,194 | $697K | Add +8.1% |
| IVW iShares S&P 500 Growth ETF | 0.14% | 6,234 | $686K | Reduce -10.2% |
| VZ Verizon Communications Inc. | 0.13% | 15,101 | $653K | Add +57.3% |
| EFAX State Street SPDR MSCI Eafe | 0.13% | 13,780 | $653K | Add +1.6% |
| DFIV Dimensional International Va | 0.13% | 14,767 | $632K | Add +16.8% |
| GD General Dynamics Corp. | 0.12% | 2,093 | $610K | Add +0.1% |
| TIP iShares Tips Bond ETF | 0.12% | 5,380 | $592K | Add +5.2% |
| KO The Coca-Cola Co. | 0.12% | 8,360 | $591K | Add +2.5% |
| IWM iShares Russell 2000 ETF | 0.11% | 2,582 | $557K | Reduce -47.7% |
| AMGN Amgen Inc. | 0.11% | 1,969 | $550K | Reduce -0.7% |
Portfolio Sells Q1 2025 → Q2 2025
| SH Proshares Short S&P500 | Reduce -25.1% | 2.48% | −1.59 |
| TLT iShares 20+ Year Treasury BD | Reduce -40.7% | 1.71% | −1.55 |
| GLD SPDR Gold Shares | Reduce -24.0% | 3.72% | −1.35 |
| VPU Vanguard Utilities ETF | Reduce -47.9% | 0.83% | −0.86 |
| AAPL Apple Inc. | Reduce -7.3% | 2.57% | −0.72 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.8% | 3.15% | −0.52 |
| WTRG Essential Utilities Inc. | Reduce -22.2% | 0.36% | −0.18 |
| AWK American Water Works Co. Inc. | Reduce -21.5% | 0.36% | −0.17 |
| CWT California Water Service Grp | Reduce -21.9% | 0.35% | −0.17 |
| TBT Proshares Ultrashort 20+Y TR | Reduce -7.5% | 1.26% | −0.17 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.3% | 1.73% | −0.17 |
| AWR American States Water Co. | Reduce -22.2% | 0.37% | −0.16 |
| DFAI Dimensional International Co. | Reduce -7.5% | 1.79% | −0.12 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -28.3% | 0.22% | −0.12 |
| IWM iShares Russell 2000 ETF | Reduce -47.7% | 0.11% | −0.11 |
| HTO H2O America | Reduce -8.6% | 0.39% | −0.10 |
| PFF iShares Preferred & Income S | Sold out | 0.00% | −0.06 |
| SOXX iShares Semiconductor ETF | Reduce -19.6% | 0.65% | −0.05 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.05 |
| DUK Duke Energy Corp. | Reduce -3.9% | 0.24% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -2.6% | 0.15% | −0.04 |
| FREL Fidelity MSCI RL Est Indx | Reduce -0.7% | 0.34% | −0.04 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -4.7% | 0.27% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -31.3% | 0.10% | −0.04 |
| XLE SS Energy Select Sector | Reduce -21.3% | 0.07% | −0.04 |
| PAYX Paychex Inc. | Reduce -17.6% | 0.08% | −0.03 |
| CGXU Cap Group Intl Focus | Reduce -33.4% | 0.07% | −0.03 |
| UNP Union Pacific Corp. | Reduce -28.4% | 0.06% | −0.03 |
| AMGN Amgen Inc. | Reduce -0.7% | 0.11% | −0.03 |
| HD Home Depot Inc. | Reduce -0.5% | 0.17% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -3.7% | 0.09% | −0.01 |
| SPGI S&P Global Inc. | Reduce -0.0% | 0.25% | −0.01 |
| VLO Valero Energy Corp. | Reduce -6.2% | 0.08% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -3.7% | 0.07% | −0.01 |
| PGR Progressive Corp. | Reduce -2.3% | 0.06% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -8.0% | 0.07% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -7.0% | 0.06% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -11.9% | 0.10% | −0.01 |
| LCID Lucid Group Inc. | Sold out | 0.00% | −0.01 |
| IVW iShares S&P 500 Growth ETF | Reduce -10.2% | 0.14% | −0.00 |
| DE Deere & Co. | Reduce -1.9% | 0.06% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -1.2% | 0.71% | −0.00 |
| WMT Walmart Inc. | Reduce -3.6% | 0.06% | −0.00 |
| AXP American Express Co. | Reduce -8.8% | 0.09% | −0.00 |
| BLK BlackRock Inc. | Reduce -0.4% | 0.05% | +0.00 |
| C Citigroup Inc. | Reduce -6.4% | 0.05% | +0.00 |
| BA The Boeing Co. | Reduce -7.6% | 0.05% | +0.00 |
| EMR Emerson Electric Co. | Reduce -4.2% | 0.06% | +0.00 |
| DIS The Walt Disney Co. | Reduce -6.1% | 0.09% | +0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -0.8% | 4.71% | +0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| AGG iShares Core U.S. Aggregate | Add +1672.7% | 2.76% | +2.59 |
| IMTB iShares Core 5-10 Year Usd | New | 2.28% | +2.28 |
| USFR Wisdomtree Floating Rate Tre | Add +51.3% | 5.07% | +1.40 |
| QLD Proshares Ultra QQQ | Add +9.2% | 1.87% | +0.45 |
| ITA iShares U.S. Aerospace & Def | Add +68.6% | 0.78% | +0.37 |
| QQQ Invesco QQQ Trust Series 1 | Add +11.4% | 2.10% | +0.35 |
| KBWP Invesco KBW Property & Casua | Add +50.2% | 1.05% | +0.27 |
| MSFT Microsoft Corp. | Add +12.7% | 0.84% | +0.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.3% | 6.42% | +0.13 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +5.2% | 2.81% | +0.11 |
| SCHA Schwab US Small-Cap ETF | Add +5.1% | 2.94% | +0.10 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +6.6% | 2.46% | +0.10 |
| GME Gamestop Corp. Class A | Add +51.1% | 0.23% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | New | 0.07% | +0.07 |
| SCHM Schwab US Mid Cap ETF | Add +4.5% | 3.14% | +0.07 |
| AMZN Amazon.com Inc. | Add +3.7% | 0.73% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +23.0% | 0.30% | +0.06 |
| XCEM Columbia Em Core Ex-China | Add +3.0% | 0.68% | +0.06 |
| MS Morgan Stanley | New | 0.05% | +0.05 |
| XLF SS Financial Select Sector | New | 0.04% | +0.04 |
| VOOV Vanguard S&P 500 Value ETF | New | 0.04% | +0.04 |
| ECL Ecolab Inc. | New | 0.04% | +0.04 |
| GSIE Goldman Sachs Activebeta Int | Add +1.9% | 1.15% | +0.04 |
| VZ Verizon Communications Inc. | Add +57.3% | 0.13% | +0.04 |
| IBM Intl Business Machines Corp. | Add +11.1% | 0.21% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +2.9% | 0.81% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +0.5% | 0.99% | +0.03 |
| AVGO Broadcom Inc. | Add +1.1% | 0.08% | +0.03 |
| TSLA Tesla Inc. | Add +8.1% | 0.14% | +0.02 |
| MSTR Strategy Inc. | Add +11.1% | 0.08% | +0.02 |
| BOND PIMCO Active Bond Exchange-T | Add +11.3% | 1.81% | +0.02 |
| GE General Electric | Add +27.6% | 0.07% | +0.02 |
| DFIV Dimensional International Va | Add +16.8% | 0.13% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +8.9% | 0.38% | +0.01 |
| DGRO iShares Core Dividend Growth | Add +6.8% | 1.47% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +6.6% | 0.40% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +0.0% | 0.35% | +0.01 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Add +3.5% | 0.24% | +0.01 |
| VRP Invesco Variable Rate Prefer | Add +10.4% | 0.56% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | Add +1.9% | 0.21% | +0.01 |
| QCOM Qualcomm Inc. | Add +12.4% | 0.09% | +0.01 |
| CSCO Cisco Systems Inc. | Add +1.4% | 0.10% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.6% | 0.29% | +0.00 |
| EFAX State Street SPDR MSCI Eafe | Add +1.6% | 0.13% | +0.00 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.1% | 0.10% | +0.00 |
| NUSC Nuveen ESG Small-Cap ETF | Add +6.1% | 0.07% | +0.00 |
| XJH Ishare ESG SS S&P Midcap ETF | Add +5.2% | 0.05% | +0.00 |
| RTX RTX Corp. | Add +0.1% | 0.07% | +0.00 |
| HON Honeywell International Inc. | Add +0.1% | 0.06% | +0.00 |
| T AT&T Inc. | Add +6.8% | 0.09% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 174 | $527.5M | SPY, USFR, SCHB, GLD, SCHX |
| Q2 2025 | 163 | $496.0M | SPY, USFR, SCHB, GLD, SCHX |
| Q1 2025 | 160 | $452.9M | SPY, GLD, SCHB, SH, SCHD |
| Q4 2024 | 153 | $441.7M | SPY, SCHB, GLD, SH, AAPL |
| Q3 2024 | 145 | $449.6M | SPY, GLD, SCHB, PROSHARES SHORT S&P500, USFR |
| Q2 2024 | 155 | $419.9M | SPY, SCHB, USFR, SCHX, AAPL |
| Q1 2024 | 154 | $406.8M | SCHB, SPY, USFR, AAPL, SCHD |