HM Payson & Co.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 13, 2026), HM Payson & Co. reported 1,124 stock positions worth $6.9 billion. Its top holding was Apple (AAPL) at 6.2% of the portfolio, followed by Microsoft (MSFT, 5.1%) and Broadcom (AVGO, 5.0%). Compared with Q4 2025, it opened 93 new positions, sold out of 114, added to 227 and reduced 303. The biggest buy was iShares Core Dividend Growth (DGRO, shares +955%) and the biggest sale Visa Class A (V, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0000928052
- Portfolio Value
- $6.9B (Q1 2026)
- SEC Filing
- 0000928052-26-000002 ↗ filed Apr 13, 2026
Holdings Value
Holdings 1,124 stocks · $6.9B
| AAPL Apple Inc. | 6.20% | 1,692,805 | $429.6M | Reduce -4.1% |
| MSFT Microsoft Corp. | 5.08% | 951,315 | $352.1M | Add +2.8% |
| AVGO Broadcom Inc. | 5.01% | 1,122,634 | $347.5M | Reduce -8.6% |
| GOOG Alphabet Inc. Class C | 4.67% | 1,128,419 | $323.7M | Reduce -4.3% |
| NVDA Nvidia Corp. | 4.30% | 1,708,881 | $298.0M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 2.75% | 913,771 | $190.3M | Reduce -1.4% |
| LRCX Lam Research Corp. | 2.60% | 843,259 | $180.2M | Reduce -24.8% |
| IBTH iShares Ibonds Dec 2027 Term | 2.19% | 6,756,711 | $151.6M | Reduce -9.1% |
| JPM JPMorgan Chase & Co. | 2.04% | 481,849 | $141.7M | Add +2.9% |
| DGRO iShares Core Dividend Growth | 1.99% | 1,965,020 | $137.9M | Add +955.2% |
| IBTG iShares Ibonds Dec 2026 Term | 1.95% | 5,908,223 | $135.4M | Reduce -9.9% |
| ABBV Abbvie Inc. | 1.89% | 601,712 | $130.9M | Add +1.5% |
| VEA Vanguard Ftse Developed ETF | 1.89% | 2,039,445 | $130.7M | Add +688.7% |
| LHX L3HARRIS Technologies Inc. | 1.86% | 374,100 | $129.1M | Reduce -9.6% |
| GOOGL Alphabet Inc. Class A | 1.77% | 426,231 | $122.6M | Reduce -5.1% |
| AME Ametek Inc. | 1.71% | 553,980 | $118.8M | Reduce -2.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.66% | 87,124 | $115.1M | Reduce -10.4% |
| MA Mastercard Inc. Class A | 1.51% | 210,012 | $104.9M | Reduce -11.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.47% | 213,217 | $102.2M | Reduce -1.7% |
| IBDR iShares Ibonds Dec 2026 Term | 1.47% | 4,190,511 | $101.6M | Reduce -2.2% |
| META Meta Platforms Inc. Class A | 1.45% | 175,665 | $100.5M | Add +10.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.45% | 4,133,684 | $100.2M | Reduce -2.5% |
| TMO Thermo Fisher Scientific Inc. | 1.31% | 184,675 | $90.8M | Reduce -13.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.30% | 564,247 | $90.1M | Add +19.0% |
| JNJ Johnson & Johnson | 1.25% | 355,670 | $86.9M | Add +0.7% |
| HD Home Depot Inc. | 1.17% | 246,956 | $81.2M | Add +2.9% |
| CAT Caterpillar Inc. | 1.12% | 109,265 | $77.4M | Reduce -12.2% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.07% | 2,940,328 | $74.5M | Add +28.4% |
| IBDU iShares Ibonds Dec 2029 Term | 0.95% | 2,827,401 | $65.8M | Add +30.8% |
| AZO AutoZone Inc. | 0.94% | 19,195 | $64.8M | Reduce -15.6% |
| MPC Marathon Petroleum Corp. | 0.86% | 245,189 | $59.9M | Reduce -19.1% |
| MCD McDonald's Corp. | 0.86% | 191,298 | $59.5M | Reduce -3.6% |
| AMGN Amgen Inc. | 0.84% | 164,564 | $57.9M | Add +6.2% |
| V Visa Inc. Class A | 0.83% | 190,754 | $57.7M | Reduce -51.4% |
| SPGI S&P Global Inc. | 0.79% | 129,533 | $55.1M | Add +4.2% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.78% | 2,454,411 | $53.7M | Add +48.5% |
| DHR Danaher Corp. | 0.77% | 280,181 | $53.1M | Add +19.0% |
| HUBB Hubbell Inc. | 0.76% | 107,044 | $52.5M | Reduce -28.4% |
| ACN Accenture PLC Class A | 0.75% | 262,435 | $52.0M | Reduce -6.4% |
| NVT Nvent Electric PLC | 0.74% | 435,765 | $51.5M | Reduce -23.5% |
| LLY Eli Lilly & Co. | 0.74% | 56,035 | $51.5M | Add +20.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.73% | 661,241 | $50.6M | Reduce -7.1% |
| LDRC iShares Ibonds 1-5 Corp. Lad | 0.70% | 1,932,193 | $48.8M | Add +55.9% |
| XOM Exxon Mobil Corp. | 0.70% | 284,948 | $48.3M | Reduce -15.9% |
| CVX Chevron Corp. | 0.66% | 222,774 | $46.1M | Add +23.4% |
| GD General Dynamics Corp. | 0.63% | 127,334 | $43.7M | Reduce -0.3% |
| AON Aon PLC Class A | 0.57% | 122,238 | $39.5M | Reduce -2.2% |
| LDRT iShares Ibond 1-5 Trea Lad | 0.57% | 1,552,650 | $39.2M | Add +521.7% |
| LOW Lowe's Cos Inc. | 0.56% | 163,663 | $38.7M | Add +4.3% |
| ABT Abbott Laboratories | 0.55% | 370,318 | $38.0M | Reduce -1.8% |
| RTX RTX Corp. | 0.52% | 186,717 | $36.0M | Add +1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.52% | 55,117 | $35.8M | Add +11.3% |
| ORCL Oracle Corp. | 0.51% | 239,419 | $35.2M | Reduce -3.2% |
| CMI Cummins Inc. | 0.47% | 59,962 | $32.3M | Reduce -0.5% |
| WMT Walmart Inc. | 0.46% | 258,343 | $32.1M | Reduce -6.6% |
| PG The Procter & Gamble Co. | 0.46% | 221,557 | $32.0M | Add +1.2% |
| RSP Invesco S&P 500 Equal Weight | 0.43% | 154,098 | $29.6M | Reduce -24.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.39% | 38 | $27.3M | No change |
| PH Parker Hannifin Corp. | 0.35% | 26,766 | $24.0M | Reduce -5.3% |
| AXP American Express Co. | 0.34% | 78,628 | $23.8M | Reduce -0.3% |
| IBTI iShares Ibonds Dec 2028 Term | 0.34% | 1,047,861 | $23.3M | Add +69.3% |
| CSL Carlisle Cos Inc. | 0.34% | 69,917 | $23.3M | Reduce -11.1% |
| HON Honeywell International Inc. | 0.33% | 102,628 | $23.2M | Reduce -14.0% |
| MRK Merck & Co. Inc. | 0.33% | 189,740 | $22.8M | Add +1.2% |
| SUSA iShares ESG Optimized MSCI U | 0.31% | 164,695 | $21.8M | Reduce -7.3% |
| INTU Intuit Inc. | 0.30% | 48,487 | $21.0M | Add +348.9% |
| TYL Tyler Technologies Inc. | 0.29% | 59,604 | $20.4M | Reduce -0.5% |
| CRM Salesforce Inc. | 0.27% | 102,041 | $19.0M | Add +1938.8% |
| DOV Dover Corp. | 0.27% | 90,695 | $18.9M | Reduce -15.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.27% | 379,367 | $18.5M | Reduce -4.5% |
| DHI D.R. Horton Inc. | 0.27% | 134,205 | $18.4M | Reduce -3.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 53,724 | $18.2M | Reduce -8.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 74,248 | $18.0M | Reduce -13.8% |
| GOVT iShares US Treasury Bond ETF | 0.25% | 768,174 | $17.6M | New |
| MSCI MSCI Inc. | 0.25% | 32,576 | $17.6M | Add +69.0% |
| DE Deere & Co. | 0.25% | 30,595 | $17.2M | Reduce -10.9% |
| PEP Pepsico Inc. | 0.25% | 110,205 | $17.1M | Reduce -1.3% |
| CSCO Cisco Systems Inc. | 0.24% | 218,060 | $16.9M | Add +4.8% |
| IBTJ iShares Ibonds Dec 2029 Term | 0.24% | 771,542 | $16.9M | Add +90.7% |
| AFL Aflac Inc. | 0.23% | 142,317 | $15.6M | Reduce -0.4% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.20% | 702,754 | $13.9M | Add +153.6% |
| TXN Texas Instruments Inc. | 0.20% | 69,869 | $13.6M | Reduce -1.3% |
| CSX CSX Corp. | 0.19% | 323,689 | $13.3M | Reduce -0.1% |
| PFE Pfizer Inc. | 0.19% | 464,978 | $13.1M | Add +1.1% |
| ETN Eaton Corp. PLC | 0.18% | 35,508 | $12.7M | Add +48.6% |
| IDXX Idexx Laboratories Inc. | 0.18% | 22,412 | $12.6M | Add +2.8% |
| CDW CDW Corp. | 0.17% | 99,864 | $12.1M | Reduce -31.3% |
| VIG Vanguard Dividend Apprec ETF | 0.16% | 51,640 | $11.1M | Reduce -37.5% |
| VGSH Vanguard Short-Term Treasury | 0.15% | 176,228 | $10.3M | Add +3.5% |
| ADP Automatic Data Processing | 0.12% | 41,562 | $8.4M | Reduce -0.2% |
| NFLX Netflix Inc. | 0.12% | 87,442 | $8.4M | Add +251.8% |
| APH Amphenol Corp. Class A | 0.12% | 65,900 | $8.3M | Add +748.9% |
| PM Philip Morris International | 0.12% | 50,192 | $8.3M | Reduce -2.5% |
| VWO Vanguard Ftse Emerging Marke | 0.11% | 144,688 | $7.8M | Add +65.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.11% | 23,880 | $7.7M | Add +0.1% |
| GE General Electric filed as GE AEROSPACE | 0.11% | 26,078 | $7.4M | Add +5.6% |
| KO The Coca-Cola Co. | 0.10% | 92,204 | $7.0M | Reduce -2.5% |
| SPIB SS SPDR P Int C Corp. ETF | 0.10% | 207,176 | $6.9M | Add +0.0% |
| BMY Bristol-Myers Squibb Co. | 0.10% | 113,942 | $6.9M | Add +4.1% |
| PSX Phillips 66 | 0.10% | 37,624 | $6.9M | Reduce -10.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $436K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NVDA Nvidia Corp. | COM · principal | 2,500 | $436K | Reduce -40.5% |
Total filed on the 13F, all lines: $6.9B.
Portfolio Sells Q4 2025 → Q1 2026
| V Visa Inc. Class A | Reduce -51.4% | 0.83% | −1.11 |
| AVGO Broadcom Inc. | Reduce -8.6% | 5.01% | −0.99 |
| AAPL Apple Inc. | Reduce -4.1% | 6.20% | −0.57 |
| GOOG Alphabet Inc. Class C | Reduce -4.3% | 4.67% | −0.55 |
| TMO Thermo Fisher Scientific Inc. | Reduce -13.2% | 1.31% | −0.43 |
| MA Mastercard Inc. Class A | Reduce -11.8% | 1.51% | −0.40 |
| ACN Accenture PLC Class A | Reduce -6.4% | 0.75% | −0.31 |
| AMZN Amazon.com Inc. | Reduce -1.4% | 2.75% | −0.27 |
| NVDA Nvidia Corp. | Reduce -1.4% | 4.30% | −0.26 |
| GOOGL Alphabet Inc. Class A | Reduce -5.1% | 1.77% | −0.22 |
| WFC Wells Fargo & Co. | Reduce -63.1% | 0.09% | −0.19 |
| HUBB Hubbell Inc. | Reduce -28.4% | 0.76% | −0.18 |
| ORCL Oracle Corp. | Reduce -3.2% | 0.51% | −0.17 |
| IBTH iShares Ibonds Dec 2027 Term | Reduce -9.1% | 2.19% | −0.17 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −0.16 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -9.9% | 1.95% | −0.16 |
| AZO AutoZone Inc. | Reduce -15.6% | 0.94% | −0.15 |
| RSP Invesco S&P 500 Equal Weight | Reduce -24.5% | 0.43% | −0.13 |
| ABT Abbott Laboratories | Reduce -1.8% | 0.55% | −0.12 |
| LRCX Lam Research Corp. | Reduce -24.8% | 2.60% | −0.11 |
| CDW CDW Corp. | Reduce -31.3% | 0.17% | −0.10 |
| IBM Intl Business Machines Corp. | Reduce -13.8% | 0.26% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -37.5% | 0.16% | −0.10 |
| TYL Tyler Technologies Inc. | Reduce -0.5% | 0.29% | −0.09 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.09 |
| NVT Nvent Electric PLC | Reduce -23.5% | 0.74% | −0.08 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -7.1% | 0.73% | −0.08 |
| AXP American Express Co. | Reduce -0.3% | 0.34% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.7% | 1.47% | −0.06 |
| AON Aon PLC Class A | Reduce -2.2% | 0.57% | −0.05 |
| BAC Bank of America Corp. | Reduce -4.5% | 0.27% | −0.04 |
| SUSA iShares ESG Optimized MSCI U | Reduce -7.3% | 0.31% | −0.04 |
| ADP Automatic Data Processing | Reduce -0.2% | 0.12% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -4.8% | 0.10% | −0.03 |
| DOV Dover Corp. | Reduce -15.8% | 0.27% | −0.02 |
| PAAA Pgim Aaa Clo ETF | Sold out | 0.00% | −0.02 |
| CSL Carlisle Cos Inc. | Reduce -11.1% | 0.34% | −0.02 |
| DHI D.R. Horton Inc. | Reduce -3.6% | 0.27% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Reduce -45.6% | 0.02% | −0.02 |
| OTIS Otis Worldwide Corp. | Reduce -7.2% | 0.06% | −0.01 |
| COF Capital One Financial Corp. | Reduce -2.3% | 0.03% | −0.01 |
| MMM 3M Co. | Reduce -4.2% | 0.07% | −0.01 |
| ACGL Arch Capital Group Ltd. | Reduce -85.3% | 0.00% | −0.01 |
| BTI British American Tob-SP ADR | Sold out | 0.00% | −0.01 |
| HAS Hasbro Inc. | Reduce -32.4% | 0.02% | −0.01 |
| LPLA LPL Financial Holdings Inc. | Reduce -2.3% | 0.03% | −0.01 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -2.5% | 1.45% | −0.01 |
| CWST Casella Waste Systems Inc. Class A | Reduce -5.1% | 0.02% | −0.01 |
| EFX Equifax Inc. | Reduce -84.9% | 0.00% | −0.01 |
| ADBE Adobe Inc. | Reduce -10.1% | 0.01% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| DGRO iShares Core Dividend Growth | Add +955.2% | 1.99% | +1.81 |
| VEA Vanguard Ftse Developed ETF | Add +688.7% | 1.89% | +1.66 |
| LDRT iShares Ibond 1-5 Trea Lad | Add +521.7% | 0.57% | +0.48 |
| CVX Chevron Corp. | Add +23.4% | 0.66% | +0.28 |
| TJX TJX Companies Inc. | Add +19.0% | 1.30% | +0.27 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +48.5% | 0.78% | +0.26 |
| LDRC iShares Ibonds 1-5 Corp. Lad | Add +55.9% | 0.70% | +0.26 |
| CRM Salesforce Inc. | Add +1938.8% | 0.27% | +0.26 |
| GOVT iShares US Treasury Bond ETF | New | 0.25% | +0.25 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +28.4% | 1.07% | +0.25 |
| IBDU iShares Ibonds Dec 2029 Term | Add +30.8% | 0.95% | +0.23 |
| JNJ Johnson & Johnson | Add +0.7% | 1.25% | +0.22 |
| INTU Intuit Inc. | Add +348.9% | 0.30% | +0.20 |
| IBTI iShares Ibonds Dec 2028 Term | Add +69.3% | 0.34% | +0.14 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +153.6% | 0.20% | +0.12 |
| AMGN Amgen Inc. | Add +6.2% | 0.84% | +0.12 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +90.7% | 0.24% | +0.12 |
| APH Amphenol Corp. Class A | Add +748.9% | 0.12% | +0.11 |
| MSCI MSCI Inc. | Add +69.0% | 0.25% | +0.10 |
| NFLX Netflix Inc. | Add +251.8% | 0.12% | +0.09 |
| ETN Eaton Corp. PLC | Add +48.6% | 0.18% | +0.08 |
| MRK Merck & Co. Inc. | Add +1.2% | 0.33% | +0.05 |
| XLK SS Technology Select Sector | Add +581.0% | 0.06% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +65.9% | 0.11% | +0.05 |
| STT State Street Corp. | Add +115.0% | 0.08% | +0.04 |
| RTX RTX Corp. | Add +1.1% | 0.52% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +11.3% | 0.52% | +0.04 |
| LLY Eli Lilly & Co. | Add +20.8% | 0.74% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +139.8% | 0.06% | +0.03 |
| USHY iShares Broad Usd High Yield | New | 0.03% | +0.03 |
| PFE Pfizer Inc. | Add +1.1% | 0.19% | +0.03 |
| SGOV iShares 0-3 Month Treasury B | Add +38.4% | 0.09% | +0.03 |
| GEV GE Vernova Inc. | Add +4.9% | 0.08% | +0.03 |
| LOW Lowe's Cos Inc. | Add +4.3% | 0.56% | +0.02 |
| CLOA iShares Aaa Clo Act ETF-Usdi | New | 0.02% | +0.02 |
| NUSC Nuveen ESG Small-Cap ETF | Add +561.2% | 0.02% | +0.02 |
| WAT Waters Corp. | Add +123.6% | 0.04% | +0.02 |
| PG The Procter & Gamble Co. | Add +1.2% | 0.46% | +0.02 |
| CEG Constellation Energy | Add +1885.3% | 0.02% | +0.02 |
| ALL Allstate Corp. | Add +67.0% | 0.04% | +0.02 |
| CSCO Cisco Systems Inc. | Add +4.8% | 0.24% | +0.02 |
| SJM The JM Smucker Co. | Add +165.0% | 0.03% | +0.02 |
| BMY Bristol-Myers Squibb Co. | Add +4.1% | 0.10% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +13.0% | 0.09% | +0.01 |
| NOC Northrop Grumman Corp. | Add +19.2% | 0.04% | +0.01 |
| ROK Rockwell Automation Inc. | Add +113.8% | 0.02% | +0.01 |
| IBDW iShares Ibonds Dec 2031 Corp. | New | 0.01% | +0.01 |
| MO Altria Group Inc. | Add +4.7% | 0.05% | +0.01 |
| VGSH Vanguard Short-Term Treasury | Add +3.5% | 0.15% | +0.01 |
| COST Costco Wholesale Corp. | Add +2.2% | 0.04% | +0.01 |
Notes & Other Activity Q4 2025 → Q1 2026
| NVDA Nvidia Corp. | COM · principal | Reduce -40.5% | 2,500 | $436K |
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 |