HM Payson & Co.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), HM Payson & Co. reported 993 stock positions worth $5.5 billion. Its top holding was Apple (AAPL) at 6.5% of the portfolio, followed by Microsoft (MSFT, 6.2%) and Alphabet Class C (GOOG, 4.7%). Compared with Q1 2024, it opened 80 new positions, sold out of 47, added to 195 and reduced 259. The biggest buy was Apple (AAPL, shares +2%) and the biggest sale Johnson & Johnson (JNJ, shares −45%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0000928052
- Portfolio Value
- $5.5B (Q2 2024)
- SEC Filing
- 0000928052-24-000003 ↗ filed Aug 13, 2024
Holdings Value
Holdings 993 stocks · $5.5B
| AAPL Apple Inc. | 6.50% | 1,699,687 | $358.0M | Add +1.6% |
| MSFT Microsoft Corp. | 6.22% | 765,859 | $342.3M | Reduce -2.9% |
| GOOG Alphabet Inc. Class C | 4.68% | 1,404,773 | $257.7M | Add +0.7% |
| AVGO Broadcom Inc. | 4.50% | 154,329 | $247.8M | Add +0.3% |
| NVDA Nvidia Corp. | 3.35% | 1,491,768 | $184.3M | Reduce -2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.02% | 272,818 | $111.0M | Reduce -23.0% |
| LRCX Lam Research Corp. | 2.00% | 103,389 | $110.1M | Reduce -4.0% |
| MA Mastercard Inc. Class A | 1.97% | 246,297 | $108.7M | Reduce -1.2% |
| V Visa Inc. Class A | 1.97% | 412,953 | $108.4M | Add +1.0% |
| AMZN Amazon.com Inc. | 1.89% | 537,663 | $103.9M | Add +79.1% |
| LHX L3HARRIS Technologies Inc. | 1.78% | 436,685 | $98.1M | Add +13.4% |
| ABBV Abbvie Inc. | 1.78% | 569,831 | $97.7M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.74% | 526,410 | $95.9M | Reduce -0.6% |
| IBTE iShares Ibonds Dec 2024 Term | 1.71% | 3,927,696 | $94.2M | Add +7.2% |
| ACN Accenture PLC Class A | 1.69% | 307,118 | $93.2M | Add +2.0% |
| HD Home Depot Inc. | 1.65% | 264,099 | $90.9M | Reduce -0.1% |
| CDW CDW Corp. | 1.59% | 390,533 | $87.4M | Reduce -12.6% |
| TMO Thermo Fisher Scientific Inc. | 1.58% | 156,886 | $86.8M | Add +7.3% |
| IBTF iShares Ibonds Dec 2025 Term | 1.57% | 3,714,378 | $86.2M | Add +12.1% |
| AME Ametek Inc. | 1.54% | 506,959 | $84.5M | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 1.51% | 164,857 | $83.1M | Add +76.5% |
| MPC Marathon Petroleum Corp. | 1.46% | 462,225 | $80.2M | Add +22.5% |
| AZO AutoZone Inc. | 1.43% | 26,622 | $78.9M | Add +9.7% |
| IBTG iShares Ibonds Dec 2026 Term | 1.36% | 3,314,728 | $75.1M | Add +14.6% |
| MCD McDonald's Corp. | 1.31% | 282,468 | $72.0M | Reduce -3.2% |
| ASML ASML Holding NV-NY Reg SHS | 1.30% | 70,154 | $71.7M | Reduce -1.8% |
| IBDP iShares Ibonds Dec 2024 Term | 1.30% | 2,853,823 | $71.7M | Add +5.5% |
| MRK Merck & Co. Inc. | 1.25% | 557,405 | $69.0M | Add +0.6% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.21% | 2,681,190 | $66.7M | Add +6.9% |
| JPM JPMorgan Chase & Co. | 1.20% | 326,083 | $66.0M | Add +32.5% |
| SPGI S&P Global Inc. | 1.15% | 142,353 | $63.5M | Add +2.9% |
| AMGN Amgen Inc. | 1.15% | 202,113 | $63.2M | Add +17.2% |
| JNJ Johnson & Johnson | 1.06% | 399,574 | $58.4M | Reduce -44.9% |
| LPLA LPL Financial Holdings Inc. | 1.05% | 207,475 | $57.9M | Add +6.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.02% | 508,159 | $55.9M | Reduce -0.5% |
| OTIS Otis Worldwide Corp. | 0.99% | 566,837 | $54.6M | Add +31.1% |
| DHI D.R. Horton Inc. | 0.86% | 335,406 | $47.3M | Add +2.8% |
| LOW Lowe's Cos Inc. | 0.85% | 213,329 | $47.0M | Add +0.7% |
| AON Aon PLC Class A | 0.83% | 156,140 | $45.8M | Add +5.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.80% | 80,964 | $44.1M | Reduce -5.2% |
| ADBE Adobe Inc. | 0.78% | 77,683 | $43.2M | Add +36.4% |
| ABT Abbott Laboratories | 0.77% | 406,724 | $42.3M | Reduce -2.6% |
| NXPI NXP Semiconductors NV | 0.71% | 144,763 | $39.0M | Reduce -42.5% |
| GD General Dynamics Corp. | 0.71% | 134,030 | $38.9M | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.70% | 336,834 | $38.8M | Add +4.7% |
| PG The Procter & Gamble Co. | 0.68% | 228,553 | $37.7M | Reduce -2.0% |
| ORCL Oracle Corp. | 0.67% | 259,296 | $36.6M | Reduce -2.2% |
| CVX Chevron Corp. | 0.62% | 218,726 | $34.2M | Reduce -1.4% |
| DHR Danaher Corp. | 0.62% | 136,806 | $34.2M | Reduce -1.6% |
| IBDR iShares Ibonds Dec 2026 Term | 0.60% | 1,398,189 | $33.3M | Add +29.0% |
| UNH Unitedhealth Group Inc. | 0.59% | 63,349 | $32.3M | Reduce -46.3% |
| TYL Tyler Technologies Inc. | 0.57% | 62,341 | $31.3M | Reduce -2.2% |
| HUBB Hubbell Inc. | 0.50% | 75,715 | $27.7M | Add +49.5% |
| TEX Terex Corp. | 0.41% | 416,450 | $22.8M | Add +9.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.38% | 34 | $20.8M | No change |
| PEP Pepsico Inc. | 0.36% | 121,173 | $20.0M | Reduce -3.3% |
| LLY Eli Lilly & Co. | 0.35% | 21,575 | $19.5M | Reduce -8.5% |
| AXP American Express Co. | 0.34% | 81,844 | $19.0M | Reduce -1.9% |
| WMT Walmart Inc. | 0.34% | 279,749 | $18.9M | Reduce -2.3% |
| RTX RTX Corp. | 0.34% | 187,070 | $18.8M | Reduce -0.3% |
| PFE Pfizer Inc. | 0.33% | 658,910 | $18.4M | Add +3.1% |
| CAT Caterpillar Inc. | 0.33% | 54,449 | $18.1M | Add +911.1% |
| CMI Cummins Inc. | 0.32% | 62,689 | $17.4M | Reduce -0.9% |
| TXN Texas Instruments Inc. | 0.31% | 87,286 | $17.0M | Reduce -16.7% |
| AFL Aflac Inc. | 0.30% | 184,242 | $16.5M | Reduce -0.7% |
| WEX Wex Inc. | 0.30% | 92,566 | $16.4M | Reduce -45.3% |
| HPQ HP Inc. | 0.29% | 463,364 | $16.2M | Reduce -56.0% |
| DOV Dover Corp. | 0.29% | 86,963 | $15.7M | Add +157.9% |
| PH Parker Hannifin Corp. | 0.28% | 30,658 | $15.5M | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 82,765 | $14.4M | Reduce -8.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 79,988 | $13.8M | Add +0.0% |
| BDX Becton Dickinson and Co. | 0.23% | 54,877 | $12.8M | Reduce -2.7% |
| IDXX Idexx Laboratories Inc. | 0.22% | 24,305 | $11.8M | Reduce -3.6% |
| CSX CSX Corp. | 0.21% | 351,691 | $11.8M | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 0.21% | 246,738 | $11.7M | Reduce -11.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.19% | 258,409 | $10.3M | Add +1.0% |
| ADP Automatic Data Processing | 0.18% | 41,255 | $9.8M | Reduce 0.0% |
| SUSA iShares ESG Optimized MSCI U | 0.17% | 82,997 | $9.3M | Add +1.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.17% | 19,405 | $9.1M | Add +862.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.16% | 137,522 | $8.8M | Reduce -24.4% |
| NSC Norfolk Southern Corp. | 0.14% | 36,929 | $7.9M | Reduce -59.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.14% | 159,293 | $7.8M | No change |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.13% | 143,785 | $7.4M | Reduce -48.1% |
| INTU Intuit Inc. | 0.13% | 10,850 | $7.1M | No change |
| FISV Fiserv Inc. | 0.13% | 46,927 | $7.0M | Reduce -0.1% |
| VGSH Vanguard Short-Term Treasury | 0.13% | 120,160 | $7.0M | Add +4.8% |
| CL Colgate-Palmolive Co. | 0.12% | 70,365 | $6.8M | Add +0.1% |
| MDLZ Mondelez International Inc. Class A | 0.12% | 103,378 | $6.8M | Reduce -3.8% |
| AMT American Tower Corp. | 0.12% | 33,622 | $6.5M | Reduce -0.4% |
| SHW The Sherwin-Williams Co. | 0.11% | 21,121 | $6.3M | Reduce -1.6% |
| RSP Invesco S&P 500 Equal Weight | 0.11% | 37,981 | $6.2M | Reduce -40.4% |
| IEI iShares 3-7 Year Treasury Bo | 0.11% | 53,905 | $6.2M | No change |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.11% | 61,541 | $6.1M | Reduce -2.2% |
| KO The Coca-Cola Co. | 0.11% | 93,016 | $5.9M | Add +1.0% |
| DEO Diageo PLC-Sponsored ADR | 0.11% | 46,884 | $5.9M | Reduce -9.9% |
| ITW Illinois Tool Works | 0.10% | 24,130 | $5.7M | Reduce -3.5% |
| CARR Carrier Global Corp. | 0.10% | 90,035 | $5.7M | Reduce -1.1% |
| BX Blackstone Inc. | 0.10% | 45,550 | $5.6M | Add +0.9% |
| UNP Union Pacific Corp. | 0.10% | 23,648 | $5.4M | Reduce -3.9% |
| INTC Intel Corp. | 0.10% | 171,974 | $5.3M | Reduce -21.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $906 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 22 | $906 | No change |
Total filed on the 13F, all lines: $5.5B.
Portfolio Sells Q1 2024 → Q2 2024
| JNJ Johnson & Johnson | Reduce -44.9% | 1.06% | −1.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -23.0% | 2.02% | −0.75 |
| CDW CDW Corp. | Reduce -12.6% | 1.59% | −0.54 |
| UNH Unitedhealth Group Inc. | Reduce -46.3% | 0.59% | −0.50 |
| NXPI NXP Semiconductors NV | Reduce -42.5% | 0.71% | −0.45 |
| WEX Wex Inc. | Reduce -45.3% | 0.30% | −0.45 |
| CVS CVS Health Corp. | Reduce -87.5% | 0.04% | −0.41 |
| HPQ HP Inc. | Reduce -56.0% | 0.29% | −0.30 |
| NSC Norfolk Southern Corp. | Reduce -59.3% | 0.14% | −0.29 |
| MA Mastercard Inc. Class A | Reduce -1.2% | 1.97% | −0.26 |
| HD Home Depot Inc. | Reduce -0.1% | 1.65% | −0.23 |
| MCD McDonald's Corp. | Reduce -3.2% | 1.31% | −0.22 |
| AME Ametek Inc. | Reduce -1.8% | 1.54% | −0.22 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -48.1% | 0.13% | −0.14 |
| ABT Abbott Laboratories | Reduce -2.6% | 0.77% | −0.11 |
| RSP Invesco S&P 500 Equal Weight | Reduce -40.4% | 0.11% | −0.09 |
| INTC Intel Corp. | Reduce -21.3% | 0.10% | −0.08 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.06 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -24.4% | 0.16% | −0.05 |
| PEP Pepsico Inc. | Reduce -3.3% | 0.36% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -11.0% | 0.21% | −0.04 |
| ESML iShares ESG Aware MSCI USA S | Reduce -25.6% | 0.09% | −0.04 |
| NKE Nike Inc. Class B | Reduce -11.0% | 0.09% | −0.04 |
| IDXX Idexx Laboratories Inc. | Reduce -3.6% | 0.22% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Reduce -9.9% | 0.11% | −0.04 |
| PH Parker Hannifin Corp. | Reduce -0.1% | 0.28% | −0.04 |
| JPST JPMorgan Ultra-Short Income | Reduce -94.4% | 0.00% | −0.03 |
| CMI Cummins Inc. | Reduce -0.9% | 0.32% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -16.7% | 0.31% | −0.03 |
| CSX CSX Corp. | Reduce -0.8% | 0.21% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -4.8% | 0.07% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.2% | 0.80% | −0.03 |
| CVX Chevron Corp. | Reduce -1.4% | 0.62% | −0.03 |
| PII Polaris Inc. | Reduce -3.6% | 0.08% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -2.7% | 0.23% | −0.03 |
| DHR Danaher Corp. | Reduce -1.6% | 0.62% | −0.02 |
| SHW The Sherwin-Williams Co. | Reduce -1.6% | 0.11% | −0.02 |
| ITW Illinois Tool Works | Reduce -3.5% | 0.10% | −0.02 |
| DFAS Dimensional US Small Cap ETF | Reduce -31.6% | 0.04% | −0.02 |
| PSX Phillips 66 | Reduce -0.9% | 0.10% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -2.0% | 0.68% | −0.02 |
| MDT Medtronic PLC | Reduce -30.2% | 0.03% | −0.02 |
| DIS The Walt Disney Co. | Reduce -8.1% | 0.05% | −0.02 |
| CWST Casella Waste Systems Inc. Class A | Reduce -21.4% | 0.06% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.8% | 0.12% | −0.02 |
| UNP Union Pacific Corp. | Reduce -3.9% | 0.10% | −0.02 |
| TRV The Travelers Cos Inc. | Reduce -0.1% | 0.08% | −0.01 |
| ADP Automatic Data Processing | Reduce 0.0% | 0.18% | −0.01 |
| FISV Fiserv Inc. | Reduce -0.1% | 0.13% | −0.01 |
| CI The Cigna Group | Reduce -23.3% | 0.02% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +1.6% | 6.50% | +1.17 |
| AMZN Amazon.com Inc. | Add +79.1% | 1.89% | +0.88 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 4.68% | +0.73 |
| AVGO Broadcom Inc. | Add +0.3% | 4.50% | +0.71 |
| META Meta Platforms Inc. Class A | Add +76.5% | 1.51% | +0.67 |
| CAT Caterpillar Inc. | Add +911.1% | 0.33% | +0.29 |
| JPM JPMorgan Chase & Co. | Add +32.5% | 1.20% | +0.28 |
| LHX L3HARRIS Technologies Inc. | Add +13.4% | 1.78% | +0.26 |
| ADBE Adobe Inc. | Add +36.4% | 0.78% | +0.25 |
| AMGN Amgen Inc. | Add +17.2% | 1.15% | +0.24 |
| OTIS Otis Worldwide Corp. | Add +31.1% | 0.99% | +0.19 |
| DOV Dover Corp. | Add +157.9% | 0.29% | +0.17 |
| VRTX Vertex Pharmaceuticals Inc. | Add +862.5% | 0.17% | +0.15 |
| IBTG iShares Ibonds Dec 2026 Term | Add +14.6% | 1.36% | +0.14 |
| IBTF iShares Ibonds Dec 2025 Term | Add +12.1% | 1.57% | +0.14 |
| IBDR iShares Ibonds Dec 2026 Term | Add +29.0% | 0.60% | +0.12 |
| HUBB Hubbell Inc. | Add +49.5% | 0.50% | +0.11 |
| LPLA LPL Financial Holdings Inc. | Add +6.3% | 1.05% | +0.09 |
| IBTE iShares Ibonds Dec 2024 Term | Add +7.2% | 1.71% | +0.08 |
| SPGI S&P Global Inc. | Add +2.9% | 1.15% | +0.06 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +6.9% | 1.21% | +0.05 |
| MPC Marathon Petroleum Corp. | Add +22.5% | 1.46% | +0.04 |
| IBDP iShares Ibonds Dec 2024 Term | Add +5.5% | 1.30% | +0.04 |
| AZO AutoZone Inc. | Add +9.7% | 1.43% | +0.01 |
| NZF Nuveen Municipal Credit Inc. | Add +1225.6% | 0.01% | +0.01 |
| COST Costco Wholesale Corp. | Add +15.2% | 0.05% | +0.01 |
| CB Chubb Ltd. | Add +44.4% | 0.04% | +0.01 |
| XOM Exxon Mobil Corp. | Add +4.7% | 0.70% | +0.01 |
| AAON Aaon Inc. | New | 0.01% | +0.01 |
| KDP Keurig Dr Pepper Inc. | New | 0.01% | +0.01 |
| CL Colgate-Palmolive Co. | Add +0.1% | 0.12% | +0.01 |
| BAC Bank of America Corp. | Add +1.0% | 0.19% | +0.01 |
| QCOM Qualcomm Inc. | Add +15.8% | 0.02% | +0.01 |
| MOS The Mosaic Co. | New | 0.01% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +0.0% | 0.04% | +0.01 |
| PFE Pfizer Inc. | Add +3.1% | 0.33% | +0.01 |
| AMAT Applied Materials Inc. | Add +0.2% | 0.04% | +0.00 |
| APD Air Products & Chemicals Inc. | Add +0.6% | 0.09% | +0.00 |
| SPTS SS SPDR P St Term TSY ETF | Add +268.9% | 0.01% | +0.00 |
| SUSA iShares ESG Optimized MSCI U | Add +1.4% | 0.17% | +0.00 |
| BNL Broadstone Net Lease Inc. | New | 0.00% | +0.00 |
| KO The Coca-Cola Co. | Add +1.0% | 0.11% | +0.00 |
| VGSH Vanguard Short-Term Treasury | Add +4.8% | 0.13% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +865.9% | 0.00% | +0.00 |
| DE Deere & Co. | Add +25.5% | 0.02% | +0.00 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +68.0% | 0.01% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.0% | 0.03% | +0.00 |
| SAMG Silvercrest Asset Manageme-A | Add +20.6% | 0.02% | +0.00 |
| VGT Vanguard Info Tech ETF | Add +2.6% | 0.02% | +0.00 |
| ADI Analog Devices Inc. | Add +0.2% | 0.02% | +0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| SAVAW Cassava Sciences Inc.-28 | *W EXP 11/15/202 | Sold out | 20 | $81before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,136 | $7.5B | AAPL, AVGO, GOOG, MSFT, LRCX |
| Q1 2026 | 1,124 | $6.9B | AAPL, MSFT, AVGO, GOOG, NVDA |
| Q4 2025 | 1,144 | $7.1B | AAPL, MSFT, AVGO, GOOG, NVDA |
| Q3 2025 | 1,090 | $7.0B | MSFT, AAPL, AVGO, NVDA, GOOG |
| Q2 2025 | 996 | $6.3B | MSFT, AVGO, AAPL, NVDA, GOOG |
| Q1 2025 | 1,035 | $5.7B | AAPL, MSFT, AVGO, GOOG, NVDA |
| Q4 2024 | 1,032 | $5.9B | AAPL, AVGO, MSFT, GOOG, NVDA |
| Q3 2024 | 1,117 | $5.8B | AAPL, MSFT, AVGO, GOOG, NVDA |
| Q2 2024 | 993 | $5.5B | AAPL, MSFT, GOOG, AVGO, NVDA |
| Q1 2024 | 958 | $5.4B | MSFT, AAPL, GOOG, AVGO, BRK.B |