HM Payson & Co.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), HM Payson & Co. reported 1,032 stock positions worth $5.9 billion. Its top holding was Apple (AAPL) at 7.5% of the portfolio, followed by Broadcom (AVGO, 6.0%) and Microsoft (MSFT, 5.6%). Compared with Q3 2024, it opened 54 new positions, sold out of 140, added to 198 and reduced 343. The biggest buy was iShares Ibonds Dec 2027 Term (IBTH, shares +796%) and the biggest sale an exit from iShares Ibonds Dec 2024 Term (IBTE).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0000928052
- Portfolio Value
- $5.9B (Q4 2024)
- SEC Filing
- 0000928052-25-000001 ↗ filed Feb 7, 2025
Holdings Value
Holdings 1,032 stocks · $5.9B
| AAPL Apple Inc. | 7.54% | 1,774,295 | $444.3M | Add +1.4% |
| AVGO Broadcom Inc. | 6.01% | 1,528,202 | $354.3M | Reduce -1.0% |
| MSFT Microsoft Corp. | 5.58% | 781,013 | $329.2M | Add +1.4% |
| GOOG Alphabet Inc. Class C | 4.67% | 1,444,300 | $275.1M | Add +0.3% |
| NVDA Nvidia Corp. | 3.54% | 1,555,566 | $208.9M | Add +2.3% |
| AMZN Amazon.com Inc. | 3.00% | 806,801 | $177.0M | Add +2.8% |
| MA Mastercard Inc. Class A | 2.20% | 246,131 | $129.6M | Add +0.1% |
| V Visa Inc. Class A | 2.19% | 408,869 | $129.2M | Add +0.3% |
| ACN Accenture PLC Class A | 1.89% | 316,600 | $111.4M | Add +2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.86% | 241,721 | $109.6M | Reduce -1.0% |
| IBTH iShares Ibonds Dec 2027 Term | 1.86% | 4,930,765 | $109.4M | Add +795.6% |
| ABBV Abbvie Inc. | 1.86% | 615,703 | $109.4M | Add +6.5% |
| HD Home Depot Inc. | 1.74% | 263,109 | $102.3M | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 1.73% | 174,656 | $102.3M | Add +1.5% |
| LHX L3HARRIS Technologies Inc. | 1.67% | 467,846 | $98.4M | Add +2.9% |
| IBTF iShares Ibonds Dec 2025 Term | 1.64% | 4,137,995 | $96.5M | Add +7.6% |
| AME Ametek Inc. | 1.62% | 530,360 | $95.6M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 1.62% | 504,474 | $95.5M | Add +0.1% |
| IBTG iShares Ibonds Dec 2026 Term | 1.55% | 4,012,156 | $91.5M | Add +15.1% |
| TMO Thermo Fisher Scientific Inc. | 1.47% | 166,802 | $86.8M | Add +8.0% |
| LRCX Lam Research Corp. | 1.40% | 1,146,277 | $82.8M | Add +3.5% |
| JPM JPMorgan Chase & Co. | 1.35% | 331,346 | $79.4M | Add +0.5% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.29% | 3,042,207 | $76.2M | Add +10.2% |
| AZO AutoZone Inc. | 1.25% | 22,934 | $73.4M | Add +3.7% |
| ASML ASML Holding NV-NY Reg SHS | 1.16% | 98,899 | $68.5M | Add +39.9% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.12% | 2,763,710 | $66.2M | Add +654.6% |
| HUBB Hubbell Inc. | 1.08% | 152,040 | $63.7M | Add +6.7% |
| CDW CDW Corp. | 1.07% | 361,654 | $62.9M | Reduce -7.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.02% | 498,086 | $60.2M | Reduce -1.3% |
| SPGI S&P Global Inc. | 1.01% | 120,100 | $59.8M | Add +0.5% |
| MCD McDonald's Corp. | 1.01% | 204,917 | $59.4M | Reduce -0.4% |
| LOW Lowe's Cos Inc. | 0.92% | 219,053 | $54.1M | Add +1.6% |
| AMGN Amgen Inc. | 0.91% | 206,399 | $53.8M | Add +3.6% |
| JNJ Johnson & Johnson | 0.91% | 370,617 | $53.6M | Reduce -3.5% |
| IBDR iShares Ibonds Dec 2026 Term | 0.91% | 2,218,248 | $53.4M | Add +43.4% |
| OTIS Otis Worldwide Corp. | 0.89% | 568,000 | $52.6M | Reduce -0.3% |
| MPC Marathon Petroleum Corp. | 0.83% | 351,946 | $49.1M | Reduce -21.2% |
| CAT Caterpillar Inc. | 0.80% | 129,441 | $47.0M | Reduce -1.0% |
| AON Aon PLC Class A | 0.78% | 128,243 | $46.1M | Add +0.7% |
| ABT Abbott Laboratories | 0.75% | 392,560 | $44.4M | Reduce -1.9% |
| ORCL Oracle Corp. | 0.73% | 258,458 | $43.1M | Reduce -0.2% |
| NVT Nvent Electric PLC | 0.70% | 607,461 | $41.4M | Add +38.6% |
| XOM Exxon Mobil Corp. | 0.67% | 366,837 | $39.5M | Add +7.1% |
| DHI D.R. Horton Inc. | 0.67% | 282,197 | $39.5M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 0.65% | 230,098 | $38.6M | Add +0.5% |
| TYL Tyler Technologies Inc. | 0.61% | 62,862 | $36.2M | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.60% | 60,521 | $35.5M | Reduce -0.6% |
| GD General Dynamics Corp. | 0.60% | 133,227 | $35.1M | Add +0.6% |
| CVX Chevron Corp. | 0.56% | 227,882 | $33.0M | Add +3.8% |
| DHR Danaher Corp. | 0.55% | 142,515 | $32.7M | Add +7.9% |
| MRK Merck & Co. Inc. | 0.54% | 317,120 | $31.5M | Reduce -51.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.46% | 389,450 | $26.8M | Reduce -35.5% |
| UNH Unitedhealth Group Inc. | 0.45% | 52,353 | $26.5M | Reduce -1.6% |
| ADBE Adobe Inc. | 0.45% | 59,060 | $26.3M | Add +4.8% |
| NXPI NXP Semiconductors NV | 0.44% | 125,711 | $26.1M | Reduce -5.6% |
| WMT Walmart Inc. | 0.43% | 283,215 | $25.6M | Reduce -0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.43% | 37 | $25.2M | Add +8.8% |
| AXP American Express Co. | 0.43% | 84,496 | $25.1M | Add +3.9% |
| RTX RTX Corp. | 0.37% | 188,789 | $21.8M | Add +0.8% |
| CMI Cummins Inc. | 0.37% | 62,230 | $21.7M | Add +0.2% |
| RSP Invesco S&P 500 Equal Weight | 0.33% | 110,793 | $19.4M | Add +0.7% |
| PH Parker Hannifin Corp. | 0.32% | 29,492 | $18.8M | Reduce -3.7% |
| AFL Aflac Inc. | 0.31% | 178,444 | $18.5M | Reduce -1.6% |
| PEP Pepsico Inc. | 0.31% | 119,011 | $18.1M | Add +0.5% |
| DOV Dover Corp. | 0.30% | 94,717 | $17.8M | Add +3.1% |
| LLY Eli Lilly & Co. | 0.28% | 21,547 | $16.6M | Reduce -1.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.28% | 75,608 | $16.6M | Reduce -0.4% |
| TXN Texas Instruments Inc. | 0.26% | 83,231 | $15.6M | Add +0.1% |
| PFE Pfizer Inc. | 0.25% | 564,651 | $15.0M | Reduce -11.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.25% | 74,307 | $14.7M | Reduce -0.7% |
| DE Deere & Co. | 0.23% | 31,607 | $13.4M | Add +675.3% |
| CSCO Cisco Systems Inc. | 0.23% | 224,175 | $13.3M | Reduce -1.0% |
| ADP Automatic Data Processing | 0.21% | 42,395 | $12.4M | Add +2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 271,373 | $11.9M | Add +6.9% |
| BDX Becton Dickinson and Co. | 0.20% | 52,249 | $11.9M | Add +0.1% |
| CSX CSX Corp. | 0.19% | 345,722 | $11.2M | Reduce -0.8% |
| WEX Wex Inc. | 0.18% | 61,829 | $10.8M | Reduce -58.6% |
| SUSA iShares ESG Optimized MSCI U | 0.18% | 88,109 | $10.7M | Add +6.9% |
| HPQ HP Inc. | 0.18% | 327,261 | $10.7M | Reduce -16.2% |
| VGSH Vanguard Short-Term Treasury | 0.16% | 165,836 | $9.6M | Add +7.1% |
| IDXX Idexx Laboratories Inc. | 0.15% | 22,025 | $9.1M | Reduce -5.7% |
| FISV Fiserv Inc. | 0.15% | 43,889 | $9.0M | Reduce -0.4% |
| IEI iShares 3-7 Year Treasury Bo | 0.14% | 70,908 | $8.2M | No change |
| BX Blackstone Inc. | 0.13% | 44,445 | $7.7M | Reduce -1.3% |
| SHW The Sherwin-Williams Co. | 0.12% | 20,513 | $7.0M | Reduce -1.5% |
| INTU Intuit Inc. | 0.12% | 10,861 | $6.8M | Add +0.5% |
| ESML iShares ESG Aware MSCI USA S | 0.11% | 160,599 | $6.8M | Add +5.1% |
| CL Colgate-Palmolive Co. | 0.11% | 70,228 | $6.4M | Add +0.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.11% | 121,945 | $6.2M | Reduce -23.4% |
| AMT American Tower Corp. | 0.10% | 33,711 | $6.2M | Add +0.3% |
| CARR Carrier Global Corp. | 0.10% | 89,778 | $6.1M | Reduce -0.6% |
| ITW Illinois Tool Works | 0.10% | 24,139 | $6.1M | Reduce -0.4% |
| APD Air Products & Chemicals Inc. | 0.10% | 20,830 | $6.0M | Add +6.8% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.10% | 109,207 | $6.0M | Reduce -24.1% |
| KO The Coca-Cola Co. | 0.10% | 95,224 | $5.9M | Add +2.0% |
| MDLZ Mondelez International Inc. Class A | 0.10% | 98,687 | $5.9M | Reduce -0.9% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.10% | 56,869 | $5.6M | Reduce -0.7% |
| IJR iShares Core S&P Small-Cap E | 0.10% | 48,585 | $5.6M | Add +4.2% |
| BMY Bristol-Myers Squibb Co. | 0.09% | 97,869 | $5.5M | Add +8.4% |
| PM Philip Morris International | 0.09% | 45,667 | $5.5M | Reduce -1.7% |
Lines left out (1) · $7 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| GEAR Revelyst Inc. | COM SHS | 0 | $7 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $5.9B.
Portfolio Sells Q3 2024 → Q4 2024
| IBTE iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −1.54 |
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −1.17 |
| MRK Merck & Co. Inc. | Reduce -51.3% | 0.54% | −0.73 |
| CDW CDW Corp. | Reduce -7.8% | 1.07% | −0.45 |
| MPC Marathon Petroleum Corp. | Reduce -21.2% | 0.83% | −0.41 |
| WEX Wex Inc. | Reduce -58.6% | 0.18% | −0.35 |
| DHI D.R. Horton Inc. | Reduce -0.9% | 0.67% | −0.26 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -35.5% | 0.46% | −0.24 |
| TEX Terex Corp. | Reduce -96.8% | 0.01% | −0.22 |
| JNJ Johnson & Johnson | Reduce -3.5% | 0.91% | −0.16 |
| OTIS Otis Worldwide Corp. | Reduce -0.3% | 0.89% | −0.12 |
| NXPI NXP Semiconductors NV | Reduce -5.6% | 0.44% | −0.10 |
| HD Home Depot Inc. | Reduce -0.3% | 1.74% | −0.10 |
| UNH Unitedhealth Group Inc. | Reduce -1.6% | 0.45% | −0.08 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -91.5% | 0.01% | −0.08 |
| CAT Caterpillar Inc. | Reduce -1.0% | 0.80% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 1.86% | −0.07 |
| MCD McDonald's Corp. | Reduce -0.4% | 1.01% | −0.07 |
| PFE Pfizer Inc. | Reduce -11.0% | 0.25% | −0.06 |
| HPQ HP Inc. | Reduce -16.2% | 0.18% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -1.9% | 0.28% | −0.05 |
| IDXX Idexx Laboratories Inc. | Reduce -5.7% | 0.15% | −0.05 |
| BSCO Invesco Bulletshares 2024 CB | Sold out | 0.00% | −0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -23.4% | 0.11% | −0.04 |
| AFL Aflac Inc. | Reduce -1.6% | 0.31% | −0.03 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -24.1% | 0.10% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.9% | 0.75% | −0.03 |
| ORCL Oracle Corp. | Reduce -0.2% | 0.73% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.9% | 0.10% | −0.03 |
| PII Polaris Inc. | Reduce -0.8% | 0.05% | −0.02 |
| INTC Intel Corp. | Reduce -29.6% | 0.04% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Reduce -14.7% | 0.08% | −0.02 |
| CARR Carrier Global Corp. | Reduce -0.6% | 0.10% | −0.02 |
| CVS CVS Health Corp. | Reduce -35.2% | 0.02% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -24.5% | 0.04% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -1.7% | 0.08% | −0.02 |
| SHW The Sherwin-Williams Co. | Reduce -1.5% | 0.12% | −0.02 |
| CSX CSX Corp. | Reduce -0.8% | 0.19% | −0.02 |
| TYL Tyler Technologies Inc. | Reduce -0.4% | 0.61% | −0.02 |
| NKE Nike Inc. Class B | Reduce -1.2% | 0.08% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -9.3% | 0.07% | −0.02 |
| PH Parker Hannifin Corp. | Reduce -3.7% | 0.32% | −0.01 |
| PSX Phillips 66 | Reduce -0.6% | 0.07% | −0.01 |
| GEHC GE Healthcare Technology | Reduce -2.6% | 0.04% | −0.01 |
| UNP Union Pacific Corp. | Reduce -3.0% | 0.09% | −0.01 |
| LIN Linde PLC | Reduce -30.1% | 0.02% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -4.8% | 0.05% | −0.01 |
| HAS Hasbro Inc. | Reduce -2.4% | 0.03% | −0.01 |
| WMS Advanced Drainage Systems Inc. | Reduce -44.5% | 0.01% | −0.01 |
| OZK Bank Ozk | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| IBTH iShares Ibonds Dec 2027 Term | Add +795.6% | 1.86% | +1.64 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +654.6% | 1.12% | +0.97 |
| AAPL Apple Inc. | Add +1.4% | 7.54% | +0.54 |
| GOOG Alphabet Inc. Class C | Add +0.3% | 4.67% | +0.54 |
| AMZN Amazon.com Inc. | Add +2.8% | 3.00% | +0.50 |
| NVDA Nvidia Corp. | Add +2.3% | 3.54% | +0.38 |
| V Visa Inc. Class A | Add +0.3% | 2.19% | +0.27 |
| IBDR iShares Ibonds Dec 2026 Term | Add +43.4% | 0.91% | +0.26 |
| DE Deere & Co. | Add +675.3% | 0.23% | +0.20 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 1.62% | +0.19 |
| NVT Nvent Electric PLC | Add +38.6% | 0.70% | +0.17 |
| IBTG iShares Ibonds Dec 2026 Term | Add +15.1% | 1.55% | +0.17 |
| JPM JPMorgan Chase & Co. | Add +0.5% | 1.35% | +0.15 |
| ASML ASML Holding NV-NY Reg SHS | Add +39.9% | 1.16% | +0.15 |
| MA Mastercard Inc. Class A | Add +0.1% | 2.20% | +0.12 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +10.2% | 1.29% | +0.10 |
| IBTF iShares Ibonds Dec 2025 Term | Add +7.6% | 1.64% | +0.09 |
| AME Ametek Inc. | Add +0.7% | 1.62% | +0.07 |
| AZO AutoZone Inc. | Add +3.7% | 1.25% | +0.05 |
| AXP American Express Co. | Add +3.9% | 0.43% | +0.05 |
| META Meta Platforms Inc. Class A | Add +1.5% | 1.73% | +0.05 |
| HUBB Hubbell Inc. | Add +6.7% | 1.08% | +0.03 |
| BAC Bank of America Corp. | Add +6.9% | 0.20% | +0.03 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.03% | +0.03 |
| PAAA Pgim Aaa Clo ETF | New | 0.03% | +0.03 |
| AON Aon PLC Class A | Add +0.7% | 0.78% | +0.03 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +8.8% | 0.43% | +0.02 |
| CMI Cummins Inc. | Add +0.2% | 0.37% | +0.02 |
| SPSB SS SPDR P St C Corp. ETF | Add +48.6% | 0.07% | +0.02 |
| ACN Accenture PLC Class A | Add +2.7% | 1.89% | +0.02 |
| GRMN Garmin Ltd. | Add +28883.3% | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +12.8% | 0.04% | +0.01 |
| ADP Automatic Data Processing | Add +2.5% | 0.21% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +8.4% | 0.09% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +235.1% | 0.02% | +0.01 |
| NFLX Netflix Inc. | Add +36.7% | 0.03% | +0.01 |
| SUSA iShares ESG Optimized MSCI U | Add +6.9% | 0.18% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +23.9% | 0.07% | +0.01 |
| ACGL Arch Capital Group Ltd. | Add +341.5% | 0.02% | +0.01 |
| WFC Wells Fargo & Co. | Add +1.0% | 0.05% | +0.01 |
| GEV GE Vernova Inc. | Add +7.3% | 0.03% | +0.01 |
| ANET Arista Networks Inc. | Add +718.4% | 0.01% | +0.01 |
| SKX Skechers USA Inc. Class A | New | 0.01% | +0.01 |
| CRM Salesforce Inc. | Add +12.8% | 0.03% | +0.01 |
| VGSH Vanguard Short-Term Treasury | Add +7.1% | 0.16% | +0.01 |
| COP Conocophillips | Add +21.6% | 0.05% | +0.01 |
| IWP iShares Russell Mid-Cap Grow | Add +2.1% | 0.07% | +0.01 |
| CVX Chevron Corp. | Add +3.8% | 0.56% | +0.01 |
| LDOS Leidos Holdings Inc. | Add +959.8% | 0.01% | +0.01 |
| ESML iShares ESG Aware MSCI USA S | Add +5.1% | 0.11% | +0.01 |
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 |