Hanover Advisors Inc.

Name: HANOVER ADVISORS INC 13F holdings, Q4 2024
Creator: HANOVER ADVISORS INC
Published: 2025-02-05

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Hanover Advisors Inc. reported 91 stock positions worth $238.3 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 25.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 15.8%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 12.8%). Compared with Q3 2024, it opened 4 new positions, sold out of 6, added to 33 and reduced 26. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +9%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −5%).

Most Recent 13F: Q2 2026
Location: SENECA, SC
CIK: 0000914973
Portfolio Value: $238.3M (Q4 2024)
SEC Filing: 0000914973-25-000001 ↗ filed Feb 5, 2025

Holdings Value

Holdings 91 stocks · $238.3M


VTI VG Morningstar TS MKT ETF-US	25.24%	207,558	$60.2M	Reduce -3.4%
SPY SS SPDR S&P 500 ETF Trust-US	15.81%	64,295	$37.7M	Reduce -5.4%
BIL SS SPDR BB 1-3M T-Bill ETF	12.83%	334,535	$30.6M	Add +9.0%
VIG Vanguard Dividend Apprec ETF	7.39%	89,887	$17.6M	Add +0.8%
IWV iShares Russell 3000 ETF	5.88%	41,921	$14.0M	Add +1.3%
BIV Vanguard Intermediate-Term B	3.70%	117,964	$8.8M	Reduce -8.2%
MDY State Street SPDR S&P Midcap	2.78%	11,634	$6.6M	Add +5.1%
VOO Vanguard S&P 500 ETF	1.89%	8,347	$4.5M	Add +58.9%
VYM Vanguard High DVD Yield ETF	1.74%	32,474	$4.1M	Reduce -3.4%
VUG Vanguard Mrngstar GR ETF-Sui	1.37%	7,944	$3.3M	Add +2.6%
BSCP Invesco Bulletshares 2025 CB	0.88%	102,089	$2.1M	Add +0.9%
VTV Vanguard Mrngstr Val ETF-Aui	0.83%	11,659	$2.0M	Add +3.1%
MSFT Microsoft Corp.	0.82%	4,624	$1.9M	Reduce -0.3%
VGT Vanguard Info Tech ETF	0.75%	2,870	$1.8M	Add +4.2%
QLTA iShares Aaa - A Rated Corpor	0.72%	36,627	$1.7M	Reduce -7.3%
VTIP Vanguard Short-Term Tips	0.64%	31,388	$1.5M	Add +3.7%
PKG Packaging Corp. of America	0.62%	6,520	$1.5M	No change
BSCR Invesco Bulletshares 2027 CB	0.59%	72,300	$1.4M	Add +3.5%
HYBL SS Blackstone High Inc. ETF	0.57%	47,947	$1.4M	Add +20.9%
BSCQ Invesco Bulletshares 2026 CB	0.56%	68,302	$1.3M	Add +1.7%
KO The Coca-Cola Co.	0.53%	20,298	$1.3M	No change
IEF iShares 7-10 Year Treasury B	0.51%	13,018	$1.2M	Add +1.9%
IXN iShares Global Tech ETF	0.50%	13,981	$1.2M	Add +8.6%
VNQ Vanguard Real Estate ETF	0.45%	12,101	$1.1M	Add +12.7%
BSCS Invesco Bulletshares 2028 CB	0.43%	51,386	$1.0M	Add +12.7%
VTEB Vanguard Tax-Exempt Bond ETF	0.42%	19,945	$1000K	Reduce -34.7%
AIRR First Trust Rba American Ind	0.35%	10,724	$826K	Add +3.4%
VOX Vanguard Communication Servi	0.33%	5,127	$794K	Add +25.5%
VIS Vanguard Industrials ETF	0.33%	3,089	$786K	Add +16.5%
IWF iShares Russell 1000 Growth	0.31%	1,869	$751K	No change
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.31%	25,522	$745K	Add +2.5%
XLK SS Technology Select Sector	0.31%	3,169	$737K	Reduce -4.6%
MPX Marine Products Corp.	0.30%	78,135	$716K	No change
BRK.A Berkshire Hathaway Inc. Class A	0.29%	1	$681K	No change
IWD iShares Russell 1000 Value E	0.28%	3,604	$667K	No change
DFUS Dimensional US Eq MKT ETF	0.27%	10,191	$650K	Add +0.8%
IVOO Vanguard S&P Mid-Cap 400 ETF	0.26%	5,911	$624K	Reduce -8.7%
DON Wisdomtree US Midcap Dividen	0.25%	11,871	$605K	No change
BSCT Invesco Bulletshares 2029 CB	0.25%	32,916	$604K	Add +21.9%
ARKK ARK Innovation ETF	0.25%	10,547	$599K	Reduce -3.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.25%	13,497	$593K	Reduce -0.8%
BLV Vanguard Long-Term Bond ETF	0.25%	8,561	$586K	Reduce -15.8%
SHV iShares 0-1 Year Treasury Bo	0.24%	5,262	$579K	Reduce -14.7%
EMXC iShares MSCI Emr MRK Ex Chna	0.24%	10,429	$578K	Add +5.1%
VFH Vanguard Financials ETF	0.22%	4,530	$535K	Add +31.1%
SCHB Schwab US Broad Market ETF	0.22%	23,061	$523K	No change
VEA Vanguard Ftse Developed ETF	0.22%	10,775	$515K	Reduce -2.8%
IVOV Vanguard S&P Mid-Cap 400 Val	0.21%	5,231	$500K	Reduce -13.1%
DFSV Dimensional US Small Cap Val	0.20%	15,508	$477K	Add +5.9%
DFEV Dimensional Emrg MRKT Val	0.20%	17,989	$471K	Reduce -1.2%
GMED Globus Medical Inc. Class A	0.19%	5,580	$462K	No change
DISV Dimensional International SM	0.18%	16,194	$430K	Reduce -1.5%
VXF Vanguard Extended Market ETF	0.18%	2,246	$427K	Reduce -1.6%
DLR Digital Realty Trust Inc.	0.18%	2,396	$425K	Add +41.1%
XLE SS Energy Select Sector	0.18%	4,921	$422K	Add +0.2%
DFIV Dimensional International Va	0.17%	11,090	$393K	No change
AGG iShares Core U.S. Aggregate	0.16%	4,029	$390K	No change
HD Home Depot Inc.	0.16%	955	$371K	No change
DFAC Dimensional US Core Equity 2	0.15%	10,660	$369K	No change
DFAS Dimensional US Small Cap ETF	0.15%	5,627	$366K	Add +22.8%
HDV iShares Core High Dividend E	0.15%	3,199	$359K	Reduce -4.5%
DUHP Dimensional US High Profi Et	0.15%	10,462	$354K	No change
GNR State Street SPDR S&P Global	0.15%	7,028	$350K	Add +1.5%
SGOV iShares 0-3 Month Treasury B	0.14%	3,432	$344K	No change
VUSB Vanguard Ultra Short Bond Et	0.14%	6,901	$342K	Reduce -0.4%
VCSH Vanguard S/T Corp. Bond ETF	0.14%	4,282	$334K	No change
DFAT Dimensional US Target Value	0.14%	5,967	$332K	Reduce -4.8%
BSCU Invesco Bulletshares 2030 CB	0.14%	20,203	$331K	Add +35.9%
BSV Vanguard Short-Term Bond ETF	0.13%	4,074	$315K	No change
MAC The Macerich Co.	0.13%	15,742	$314K	New
VOOV Vanguard S&P 500 Value ETF	0.13%	1,673	$309K	No change
JPM JPMorgan Chase & Co.	0.12%	1,208	$290K	No change
AAPL Apple Inc.	0.12%	1,146	$287K	No change
SSB Southstate Bank Corp.	0.12%	2,780	$277K	No change
VCIT Vanguard Int-Term Corporate	0.12%	3,422	$275K	Reduce -41.5%
OEF iShares S&P 100 ETF	0.12%	950	$274K	No change
VDE Vanguard Energy ETF	0.11%	2,186	$265K	Add +3.3%
PEP Pepsico Inc.	0.11%	1,678	$255K	No change
BSCV Invesco Bulletshares 2031 CB	0.10%	15,102	$242K	New
BND Vanguard Total Bond Market	0.10%	3,337	$240K	Reduce -39.9%
VNO Vornado Realty Trust	0.10%	5,540	$233K	New
WMT Walmart Inc.	0.10%	2,550	$230K	No change
UCB United Community Banks	0.10%	7,059	$228K	No change
BNDX Vanguard Total Intl Bond ETF	0.10%	4,625	$227K	No change
STEW SRH Total Return Fund Inc.	0.09%	13,976	$224K	No change
RXST Rxsight Inc.	0.09%	6,498	$223K	Add +18.2%
ARCC Ares Capital Corp.	0.09%	10,116	$221K	New
VEU Vanguard Ftse All-World Ex-U	0.09%	3,671	$211K	Reduce -4.8%
GLD SPDR Gold Shares	0.09%	849	$206K	No change
PK Park Hotels & Resorts Inc.	0.06%	10,847	$153K	Reduce -23.3%
ESRT Empire State Realty Trust-A	0.06%	12,783	$132K	Reduce -3.1%

Portfolio Sells Q3 2024 → Q4 2024


SPY SS SPDR S&P 500 ETF Trust-US	Reduce -5.4%	15.81%	−0.56
BIV Vanguard Intermediate-Term B	Reduce -8.2%	3.70%	−0.53
VTI VG Morningstar TS MKT ETF-US	Reduce -3.4%	25.24%	−0.30
GPN Global Payments Inc.	Sold out	0.00%	−0.29
VTEB Vanguard Tax-Exempt Bond ETF	Reduce -34.7%	0.42%	−0.24
BSCO Invesco Bulletshares 2024 CB	Sold out	0.00%	−0.22
LXP LXP Industrial Trust	Sold out	0.00%	−0.11
QLTA iShares Aaa - A Rated Corpor	Reduce -7.3%	0.72%	−0.10
DFAI Dimensional International Co.	Sold out	0.00%	−0.10
VCIT Vanguard Int-Term Corporate	Reduce -41.5%	0.12%	−0.09
DIHP Dimensional International Hi	Sold out	0.00%	−0.08
SPG Simon Property Group Inc.	Sold out	0.00%	−0.08
BLV Vanguard Long-Term Bond ETF	Reduce -15.8%	0.25%	−0.08
BND Vanguard Total Bond Market	Reduce -39.9%	0.10%	−0.07
VYM Vanguard High DVD Yield ETF	Reduce -3.4%	1.74%	−0.07
SHV iShares 0-1 Year Treasury Bo	Reduce -14.7%	0.24%	−0.04
IVOV Vanguard S&P Mid-Cap 400 Val	Reduce -13.1%	0.21%	−0.03
VEA Vanguard Ftse Developed ETF	Reduce -2.8%	0.22%	−0.03
IVOO Vanguard S&P Mid-Cap 400 ETF	Reduce -8.7%	0.26%	−0.03
MSFT Microsoft Corp.	Reduce -0.3%	0.82%	−0.02
DISV Dimensional International SM	Reduce -1.5%	0.18%	−0.02
DFEV Dimensional Emrg MRKT Val	Reduce -1.2%	0.20%	−0.02
PK Park Hotels & Resorts Inc.	Reduce -23.3%	0.06%	−0.02
HDV iShares Core High Dividend E	Reduce -4.5%	0.15%	−0.01
VEU Vanguard Ftse All-World Ex-U	Reduce -4.8%	0.09%	−0.01
DFAT Dimensional US Target Value	Reduce -4.8%	0.14%	−0.01
ESRT Empire State Realty Trust-A	Reduce -3.1%	0.06%	−0.01
XLK SS Technology Select Sector	Reduce -4.6%	0.31%	−0.01
VUSB Vanguard Ultra Short Bond Et	Reduce -0.4%	0.14%	−0.00
VXF Vanguard Extended Market ETF	Reduce -1.6%	0.18%	+0.00
BAC Bank of America Corp.	Reduce -0.8%	0.25%	+0.02
ARKK ARK Innovation ETF	Reduce -3.0%	0.25%	+0.03

Portfolio Buys Q3 2024 → Q4 2024


BIL SS SPDR BB 1-3M T-Bill ETF	Add +9.0%	12.83%	+1.00
VOO Vanguard S&P 500 ETF	Add +58.9%	1.89%	+0.72
IWV iShares Russell 3000 ETF	Add +1.3%	5.88%	+0.20
MDY State Street SPDR S&P Midcap	Add +5.1%	2.78%	+0.13
MAC The Macerich Co.	New	0.13%	+0.13
VUG Vanguard Mrngstar GR ETF-Sui	Add +2.6%	1.37%	+0.12
BSCV Invesco Bulletshares 2031 CB	New	0.10%	+0.10
VNO Vornado Realty Trust	New	0.10%	+0.10
ARCC Ares Capital Corp.	New	0.09%	+0.09
HYBL SS Blackstone High Inc. ETF	Add +20.9%	0.57%	+0.09
VOX Vanguard Communication Servi	Add +25.5%	0.33%	+0.08
VGT Vanguard Info Tech ETF	Add +4.2%	0.75%	+0.07
VFH Vanguard Financials ETF	Add +31.1%	0.22%	+0.07
DLR Digital Realty Trust Inc.	Add +41.1%	0.18%	+0.06
IXN iShares Global Tech ETF	Add +8.6%	0.50%	+0.05
BSCS Invesco Bulletshares 2028 CB	Add +12.7%	0.43%	+0.04
VIS Vanguard Industrials ETF	Add +16.5%	0.33%	+0.04
BSCT Invesco Bulletshares 2029 CB	Add +21.9%	0.25%	+0.04
BSCU Invesco Bulletshares 2030 CB	Add +35.9%	0.14%	+0.03
DFAS Dimensional US Small Cap ETF	Add +22.8%	0.15%	+0.03
AIRR First Trust Rba American Ind	Add +3.4%	0.35%	+0.02
VNQ Vanguard Real Estate ETF	Add +12.7%	0.45%	+0.01
BSCR Invesco Bulletshares 2027 CB	Add +3.5%	0.59%	+0.01
VTIP Vanguard Short-Term Tips	Add +3.7%	0.64%	+0.01
DFSV Dimensional US Small Cap Val	Add +5.9%	0.20%	+0.01
DFUS Dimensional US Eq MKT ETF	Add +0.8%	0.27%	+0.01
BSCP Invesco Bulletshares 2025 CB	Add +0.9%	0.88%	+0.01
BSCQ Invesco Bulletshares 2026 CB	Add +1.7%	0.56%	+0.01
VDE Vanguard Energy ETF	Add +3.3%	0.11%	+0.00
VTV Vanguard Mrngstr Val ETF-Aui	Add +3.1%	0.83%	−0.00
XLE SS Energy Select Sector	Add +0.2%	0.18%	−0.00
EMXC iShares MSCI Emr MRK Ex Chna	Add +5.1%	0.24%	−0.01
RXST Rxsight Inc.	Add +18.2%	0.09%	−0.02
GNR State Street SPDR S&P Global	Add +1.5%	0.15%	−0.02
IEF iShares 7-10 Year Treasury B	Add +1.9%	0.51%	−0.02
VIG Vanguard Dividend Apprec ETF	Add +0.8%	7.39%	−0.03
VICI Vici Properties Inc.	Add +2.5%	0.31%	−0.04

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	122	$277.6M	VTI, SPY, VIG, IWV, AOR
Q1 2026	118	$246.1M	VTI, SPY, VIG, IWV, BIV
Q4 2025	109	$257.6M	VTI, SPY, VIG, IWV, BIL
Q3 2025	103	$257.7M	VTI, SPY, VIG, IWV, BIL
Q2 2025	97	$245.2M	VTI, SPY, BIL, VIG, IWV
Q1 2025	94	$230.6M	VTI, SPY, BIL, VIG, IWV
Q4 2024	91	$238.3M	VTI, SPY, BIL, VIG, IWV
Q3 2024	93	$238.1M	VTI, SPY, BIL, VIG, IWV
Q2 2024	91	$225.1M	VTI, SPY, BIL, VIG, IWV
Q1 2024	92	$238.3M	VTI, SPY, BIL, VIG, IWV