Hanover Advisors Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Hanover Advisors Inc. reported 92 stock positions worth $238.3 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 23.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 16.2%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 12.1%). Compared with Q4 2023, it opened 8 new positions, sold out of 3, added to 62 and reduced 8. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +139%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −2%).

Most Recent 13F
Q2 2026
Location
SENECA, SC
CIK
0000914973
Portfolio Value
$238.3M (Q1 2024)
SEC Filing
0000914973-24-000004 ↗ filed May 15, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $238.3M $238.3M Q1 2024 Q2 2024: $225.1M Q2 2024 Q3 2024: $238.1M Q3 2024 Q4 2024: $238.3M Q4 2024 Q1 2025: $230.6M Q1 2025 Q2 2025: $245.2M Q2 2025 Q3 2025: $257.7M Q3 2025 Q4 2025: $257.6M Q4 2025 Q1 2026: $246.1M Q1 2026 Q2 2026: $277.6M Q2 2026

Holdings 92 stocks · $238.3M
VTI VG Morningstar TS MKT ETF-US 23.72% 217,497 $56.5M Add +0.3%
SPY SS SPDR S&P 500 ETF Trust-US 16.19% 73,767 $38.6M Add +8.8%
BIL SS SPDR BB 1-3M T-Bill ETF 12.08% 313,686 $28.8M Reduce -1.9%
VIG Vanguard Dividend Apprec ETF 7.94% 103,625 $18.9M Add +16.7%
IWV iShares Russell 3000 ETF 5.75% 45,640 $13.7M Add +10.9%
BIV Vanguard Intermediate-Term B 3.15% 99,698 $7.5M Add +16.5%
MDY State Street SPDR S&P Midcap 2.96% 12,692 $7.1M Add +15.5%
VYM Vanguard High DVD Yield ETF 1.92% 37,880 $4.6M Add +20.4%
VUG Vanguard Mrngstar GR ETF-Sui 1.53% 10,616 $3.7M Add +33.1%
BSCP Invesco Bulletshares 2025 CB 1.08% 125,985 $2.6M Add +20.4%
QLTA iShares Aaa - A Rated Corpor 1.05% 52,789 $2.5M Add +17.9%
VOO Vanguard S&P 500 ETF 1.02% 5,042 $2.4M Add +138.7%
VTV Vanguard Mrngstr Val ETF-Aui 1.00% 14,566 $2.4M Add +17.6%
VTEB Vanguard Tax-Exempt Bond ETF 0.85% 39,883 $2.0M Add +20.5%
MSFT Microsoft Corp. 0.81% 4,583 $1.9M Add +61.7%
VTIP Vanguard Short-Term Tips 0.81% 40,259 $1.9M Add +15.3%
BSCR Invesco Bulletshares 2027 CB 0.66% 81,380 $1.6M Add +24.6%
BSCQ Invesco Bulletshares 2026 CB 0.65% 81,097 $1.6M Add +7.4%
VGT Vanguard Info Tech ETF 0.62% 2,814 $1.5M Add +30.5%
IEF iShares 7-10 Year Treasury B 0.57% 14,398 $1.4M Add +11.3%
PKG Packaging Corp. of America 0.54% 6,765 $1.3M No change
KO The Coca-Cola Co. 0.52% 20,438 $1.3M No change
BLV Vanguard Long-Term Bond ETF 0.45% 14,802 $1.1M Add +38.1%
BSCS Invesco Bulletshares 2028 CB 0.43% 51,123 $1.0M Add +34.0%
HYBL SS Blackstone High Inc. ETF 0.39% 33,006 $937K Add +25.4%
GPN Global Payments Inc. 0.39% 6,906 $923K No change
MPX Marine Products Corp. 0.39% 78,135 $918K Reduce -1.1%
IXN iShares Global Tech ETF 0.37% 11,808 $883K Add +13.5%
SHV iShares 0-1 Year Treasury Bo 0.36% 7,809 $863K Add +17.8%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.34% 27,543 $821K Add +11.5%
AIRR First Trust Rba American Ind 0.34% 12,079 $813K Add +34.1%
IVOO Vanguard S&P Mid-Cap 400 ETF 0.31% 7,280 $750K Add +15.9%
IVOV Vanguard S&P Mid-Cap 400 Val 0.30% 7,859 $714K Add +29.8%
EMXC iShares MSCI Emr MRK Ex Chna 0.29% 12,043 $693K Add +44.7%
XLK SS Technology Select Sector 0.29% 3,318 $691K Reduce -3.6%
VNQ Vanguard Real Estate ETF 0.28% 7,754 $671K Add +16.7%
VIS Vanguard Industrials ETF 0.27% 2,679 $654K Add +35.2%
ARKK ARK Innovation ETF 0.27% 13,016 $652K Add +15.7%
IWD iShares Russell 1000 Value E 0.27% 3,604 $646K No change
BRK.A Berkshire Hathaway Inc. Class A 0.27% 1 $634K No change
IWF iShares Russell 1000 Growth 0.26% 1,869 $630K No change
DFEV Dimensional Emrg MRKT Val 0.26% 23,838 $619K Add +28.6%
VEA Vanguard Ftse Developed ETF 0.25% 12,060 $605K Add +4.7%
BSCO Invesco Bulletshares 2024 CB 0.25% 28,820 $604K Add +5.5%
DON Wisdomtree US Midcap Dividen 0.25% 12,171 $594K Add +2.5%
GNR State Street SPDR S&P Global 0.25% 10,135 $587K Add +14.0%
DISV Dimensional International SM 0.24% 21,343 $580K Add +34.3%
XLE SS Energy Select Sector 0.24% 6,124 $578K Add +16.6%
DFUS Dimensional US Eq MKT ETF 0.24% 10,110 $576K Add +23.6%
DFSV Dimensional US Small Cap Val 0.24% 18,821 $567K Add +27.3%
OCSL Oaktree Specialty Lending Co. 0.23% 28,371 $558K Add +34.0%
BSCT Invesco Bulletshares 2029 CB 0.23% 29,984 $549K Add +31.4%
SCHB Schwab US Broad Market ETF 0.23% 8,880 $542K Reduce -12.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.22% 13,671 $518K Reduce -1.8%
DFIV Dimensional International Va 0.20% 13,238 $486K Add +13.6%
VCIT Vanguard Int-Term Corporate 0.20% 6,032 $486K Add +1.6%
SGOV iShares 0-3 Month Treasury B 0.20% 4,707 $474K Add +118.5%
VXF Vanguard Extended Market ETF 0.19% 2,603 $456K Add +1.2%
BND Vanguard Total Bond Market 0.18% 6,032 $438K Reduce -1.1%
DFAT Dimensional US Target Value 0.18% 8,033 $437K Add +6.9%
DFAC Dimensional US Core Equity 2 0.17% 12,760 $408K Add +19.7%
DUHP Dimensional US High Profi Et 0.17% 12,654 $400K Add +20.9%
VCSH Vanguard S/T Corp. Bond ETF 0.16% 4,847 $375K No change
HDV iShares Core High Dividend E 0.15% 3,350 $369K No change
HD Home Depot Inc. 0.15% 955 $366K No change
DLR Digital Realty Trust Inc. 0.15% 2,474 $356K Add +47.6%
DFAS Dimensional US Small Cap ETF 0.15% 5,548 $346K Add +5.5%
VFH Vanguard Financials ETF 0.14% 3,260 $334K Add +10.7%
VUSB Vanguard Ultra Short Bond Et 0.14% 6,723 $333K Reduce -10.3%
BSV Vanguard Short-Term Bond ETF 0.14% 4,303 $330K Add +7.2%
JNK SS SPDR BB High Yield Bond 0.14% 3,463 $330K Add +1.9%
FR First Industrial Realty TR 0.13% 5,954 $313K Add +48.7%
RXST Rxsight Inc. 0.13% 5,998 $309K Add +20.0%
BSCU Invesco Bulletshares 2030 CB 0.13% 18,847 $309K Add +46.2%
PEP Pepsico Inc. 0.13% 1,762 $308K No change
VOOV Vanguard S&P 500 Value ETF 0.13% 1,690 $305K New
GMED Globus Medical Inc. Class A 0.13% 5,580 $299K No change
DFAI Dimensional International Co. 0.12% 9,406 $284K Add +24.4%
VDE Vanguard Energy ETF 0.12% 2,114 $278K New
BNDX Vanguard Total Intl Bond ETF 0.12% 5,616 $276K Add +11.1%
JPM JPMorgan Chase & Co. 0.11% 1,355 $271K Add +13.7%
PK Park Hotels & Resorts Inc. 0.11% 15,489 $271K New
VOX Vanguard Communication Servi 0.11% 1,986 $261K New
SPG Simon Property Group Inc. 0.11% 1,628 $255K New
DFIS Dimensional International SM 0.11% 10,040 $252K New
OEF iShares S&P 100 ETF 0.10% 960 $238K Reduce -10.1%
SSB Southstate Bank Corp. 0.10% 2,780 $236K No change
VEU Vanguard Ftse All-World Ex-U 0.10% 4,014 $235K Add +7.6%
BSCW Invesco Bulletshares 2032 CB 0.10% 11,318 $229K New
DIHP Dimensional International Hi 0.09% 8,099 $218K No change
STEW SRH Total Return Fund Inc. 0.09% 13,926 $210K No change
VWOB Vanguard Emerg MKTS Gov BND 0.09% 3,233 $206K New

Portfolio Sells Q4 2023 → Q1 2024
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -1.9% 12.08% −2.18
AAPL Apple Inc. Sold out 0.00% −0.30
BXP BXP Inc. Sold out 0.00% −0.16
DOC Healthpeak Properties Inc. Sold out 0.00% −0.11
MPX Marine Products Corp. Reduce -1.1% 0.39% −0.05
SCHB Schwab US Broad Market ETF Reduce -12.9% 0.23% −0.05
VUSB Vanguard Ultra Short Bond Et Reduce -10.3% 0.14% −0.04
BND Vanguard Total Bond Market Reduce -1.1% 0.18% −0.04
XLK SS Technology Select Sector Reduce -3.6% 0.29% −0.03
OEF iShares S&P 100 ETF Reduce -10.1% 0.10% −0.02
BAC Bank of America Corp. Reduce -1.8% 0.22% −0.01

Portfolio Buys Q4 2023 → Q1 2024
VOO Vanguard S&P 500 ETF Add +138.7% 1.02% +0.57
VIG Vanguard Dividend Apprec ETF Add +16.7% 7.94% +0.55
SPY SS SPDR S&P 500 ETF Trust-US Add +8.8% 16.19% +0.45
VUG Vanguard Mrngstar GR ETF-Sui Add +33.1% 1.53% +0.32
MSFT Microsoft Corp. Add +61.7% 0.81% +0.29
IWV iShares Russell 3000 ETF Add +10.9% 5.75% +0.24
MDY State Street SPDR S&P Midcap Add +15.5% 2.96% +0.24
VYM Vanguard High DVD Yield ETF Add +20.4% 1.92% +0.21
VOOV Vanguard S&P 500 Value ETF New 0.13% +0.13
VDE Vanguard Energy ETF New 0.12% +0.12
PK Park Hotels & Resorts Inc. New 0.11% +0.11
VGT Vanguard Info Tech ETF Add +30.5% 0.62% +0.11
VOX Vanguard Communication Servi New 0.11% +0.11
SPG Simon Property Group Inc. New 0.11% +0.11
DFIS Dimensional International SM New 0.11% +0.11
BSCW Invesco Bulletshares 2032 CB New 0.10% +0.10
SGOV iShares 0-3 Month Treasury B Add +118.5% 0.20% +0.09
VTV Vanguard Mrngstr Val ETF-Aui Add +17.6% 1.00% +0.09
AIRR First Trust Rba American Ind Add +34.1% 0.34% +0.09
VWOB Vanguard Emerg MKTS Gov BND New 0.09% +0.09
EMXC iShares MSCI Emr MRK Ex Chna Add +44.7% 0.29% +0.07
VIS Vanguard Industrials ETF Add +35.2% 0.27% +0.06
BLV Vanguard Long-Term Bond ETF Add +38.1% 0.45% +0.06
BSCS Invesco Bulletshares 2028 CB Add +34.0% 0.43% +0.05
DISV Dimensional International SM Add +34.3% 0.24% +0.04
IVOV Vanguard S&P Mid-Cap 400 Val Add +29.8% 0.30% +0.04
DLR Digital Realty Trust Inc. Add +47.6% 0.15% +0.04
BSCR Invesco Bulletshares 2027 CB Add +24.6% 0.66% +0.04
BSCP Invesco Bulletshares 2025 CB Add +20.4% 1.08% +0.03
DFUS Dimensional US Eq MKT ETF Add +23.6% 0.24% +0.03
DFEV Dimensional Emrg MRKT Val Add +28.6% 0.26% +0.03
RXST Rxsight Inc. Add +20.0% 0.13% +0.03
HYBL SS Blackstone High Inc. ETF Add +25.4% 0.39% +0.03
FR First Industrial Realty TR Add +48.7% 0.13% +0.03
XLE SS Energy Select Sector Add +16.6% 0.24% +0.03
DFSV Dimensional US Small Cap Val Add +27.3% 0.24% +0.03
IVOO Vanguard S&P Mid-Cap 400 ETF Add +15.9% 0.31% +0.03
BSCU Invesco Bulletshares 2030 CB Add +46.2% 0.13% +0.02
IXN iShares Global Tech ETF Add +13.5% 0.37% +0.02
BSCT Invesco Bulletshares 2029 CB Add +31.4% 0.23% +0.02
OCSL Oaktree Specialty Lending Co. Add +34.0% 0.23% +0.02
DUHP Dimensional US High Profi Et Add +20.9% 0.17% +0.02
VTEB Vanguard Tax-Exempt Bond ETF Add +20.5% 0.85% +0.02
DFAC Dimensional US Core Equity 2 Add +19.7% 0.17% +0.02
JPM JPMorgan Chase & Co. Add +13.7% 0.11% +0.01
DFAI Dimensional International Co. Add +24.4% 0.12% +0.01
DFIV Dimensional International Va Add +13.6% 0.20% +0.01
VFH Vanguard Financials ETF Add +10.7% 0.14% +0.01
SHV iShares 0-1 Year Treasury Bo Add +17.8% 0.36% +0.01
GNR State Street SPDR S&P Global Add +14.0% 0.25% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 122$277.6MVTI, SPY, VIG, IWV, AOR
Q1 2026 118$246.1MVTI, SPY, VIG, IWV, BIV
Q4 2025 109$257.6MVTI, SPY, VIG, IWV, BIL
Q3 2025 103$257.7MVTI, SPY, VIG, IWV, BIL
Q2 2025 97$245.2MVTI, SPY, BIL, VIG, IWV
Q1 2025 94$230.6MVTI, SPY, BIL, VIG, IWV
Q4 2024 91$238.3MVTI, SPY, BIL, VIG, IWV
Q3 2024 93$238.1MVTI, SPY, BIL, VIG, IWV
Q2 2024 91$225.1MVTI, SPY, BIL, VIG, IWV
Q1 2024 92$238.3MVTI, SPY, BIL, VIG, IWV