Ledyard National Bank
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Ledyard National Bank reported 240 stock positions worth $1.2 billion. Its top holding was iShares Core Dividend Growth (DGRO) at 7.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.9%) and Apple (AAPL, 5.5%). Compared with Q3 2025, it opened 22 new positions, sold out of 9, added to 56 and reduced 139. The biggest buy was a new position in Dfa SHRT-Dur RL RTRN-Inst (DFAIX) and the biggest sale Microsoft (MSFT, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- HANOVER, NH
- CIK
- 0001310658
- Portfolio Value
- $1.2B (Q4 2025)
- SEC Filing
- 0001310658-26-000001 ↗ filed Jan 21, 2026
Holdings Value
Holdings 240 stocks · $1.2B
| DGRO iShares Core Dividend Growth | 7.31% | 1,222,546 | $84.9M | Add +8.0% |
| IVV iShares Core S&P 500 ETF | 6.91% | 117,113 | $80.2M | Reduce -2.3% |
| AAPL Apple Inc. | 5.52% | 235,859 | $64.1M | Reduce -2.0% |
| MSFT Microsoft Corp. | 4.66% | 111,734 | $54.0M | Reduce -3.7% |
| IEFA iShares Core MSCI Eafe ETF | 4.55% | 590,540 | $52.8M | Reduce -0.9% |
| AVGO Broadcom Inc. | 3.80% | 127,547 | $44.1M | Reduce -6.6% |
| DFAE Dimensional Emerging Core Eq | 2.79% | 993,653 | $32.4M | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 2.61% | 96,779 | $30.3M | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 2.13% | 76,878 | $24.8M | Reduce -3.2% |
| MUB iShares National Muni Bond E | 2.11% | 229,088 | $24.5M | Add +0.1% |
| GSIE Goldman Sachs Activebeta Int | 1.84% | 498,040 | $21.4M | Add +0.1% |
| DFAIX Dfa SHRT-Dur RL RTRN-Inst | 1.82% | 2,012,103 | $21.1M | New |
| KBWB Invesco KBW Bank ETF | 1.81% | 248,828 | $21.0M | Reduce -4.4% |
| SCHD Schwab US DVD Equity ETF | 1.80% | 759,812 | $20.8M | Add +3.6% |
| IQLT iShares MSCI International Q | 1.69% | 430,930 | $19.6M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 1.63% | 81,772 | $18.9M | Reduce -3.9% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.57% | 102,721 | $18.2M | Reduce -1.6% |
| VFLO Victoryshares Free Cash Flow | 1.36% | 402,353 | $15.8M | Add +138.6% |
| V Visa Inc. Class A | 1.36% | 45,025 | $15.8M | Reduce -3.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.32% | 30,449 | $15.3M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 1.29% | 194,173 | $15.0M | Reduce -3.7% |
| QDF NT Qual Div ETF | 1.26% | 180,927 | $14.6M | Add +10.2% |
| GSLC Goldman Activebeta US LC ETF | 1.16% | 101,781 | $13.5M | Reduce -1.4% |
| EFAV iShares MSCI Eafe Min Vol Fa | 1.11% | 149,574 | $12.9M | Add +0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.05% | 79,371 | $12.2M | Reduce -3.9% |
| KR Kroger Co. | 1.04% | 193,373 | $12.1M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 1.03% | 83,564 | $12.0M | Reduce -1.7% |
| HD Home Depot Inc. | 0.96% | 32,324 | $11.1M | Add +0.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.94% | 34,721 | $10.9M | Reduce -4.3% |
| JQUA JPMorgan US Quality Factor | 0.93% | 170,439 | $10.8M | Add +1.7% |
| GOOG Alphabet Inc. Class C | 0.90% | 33,465 | $10.5M | Reduce -6.2% |
| JNJ Johnson & Johnson | 0.87% | 48,811 | $10.1M | Reduce -2.6% |
| AMGN Amgen Inc. | 0.76% | 26,930 | $8.8M | Reduce -2.4% |
| TCAF T Rowe PRC Cap Appreciation | 0.76% | 230,427 | $8.8M | Add +0.5% |
| GUNR NT Mstar GLBL NR ETF | 0.72% | 182,966 | $8.4M | Add +0.8% |
| HON Honeywell International Inc. | 0.69% | 40,788 | $8.0M | Reduce -3.0% |
| MRK Merck & Co. Inc. | 0.68% | 74,654 | $7.9M | Reduce -2.8% |
| LOW Lowe's Cos Inc. | 0.65% | 31,109 | $7.5M | Reduce -3.5% |
| MDT Medtronic PLC | 0.64% | 77,412 | $7.4M | Reduce -2.5% |
| ETN Eaton Corp. PLC | 0.58% | 21,257 | $6.8M | Reduce -8.2% |
| VIG Vanguard Dividend Apprec ETF | 0.58% | 30,515 | $6.7M | Reduce -4.1% |
| CAT Caterpillar Inc. | 0.57% | 11,619 | $6.7M | Reduce -3.7% |
| UNH Unitedhealth Group Inc. | 0.48% | 16,946 | $5.6M | Reduce -4.9% |
| WMT Walmart Inc. | 0.47% | 48,699 | $5.4M | Reduce -0.7% |
| NVDA Nvidia Corp. | 0.47% | 28,940 | $5.4M | Add +4.7% |
| LLY Eli Lilly & Co. | 0.46% | 4,931 | $5.3M | Add +2.8% |
| ACN Accenture PLC Class A | 0.44% | 18,853 | $5.1M | Reduce -1.5% |
| AEP American Electric Power | 0.43% | 43,638 | $5.0M | Reduce -2.9% |
| T AT&T Inc. | 0.43% | 199,709 | $5.0M | Reduce -3.7% |
| ADBE Adobe Inc. | 0.42% | 14,063 | $4.9M | Add +9.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 7,147 | $4.9M | Reduce -3.2% |
| XLK SS Technology Select Sector | 0.42% | 33,796 | $4.9M | Reduce -1.8% |
| XOM Exxon Mobil Corp. | 0.41% | 39,612 | $4.8M | Reduce -2.1% |
| REGN Regeneron Pharmaceuticals | 0.41% | 6,133 | $4.7M | Add +0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.40% | 15,846 | $4.7M | Reduce -1.3% |
| VGK Vanguard Ftse Europe ETF | 0.39% | 54,703 | $4.6M | Reduce -6.0% |
| PFE Pfizer Inc. | 0.38% | 178,625 | $4.4M | Reduce -0.9% |
| ABBV Abbvie Inc. | 0.37% | 18,816 | $4.3M | Reduce -4.2% |
| MET Metlife Inc. | 0.35% | 51,733 | $4.1M | Reduce -5.8% |
| EVRG Evergy Inc. | 0.35% | 55,996 | $4.1M | Reduce -4.2% |
| XLF SS Financial Select Sector | 0.35% | 73,283 | $4.0M | Reduce -6.1% |
| NEE Nextera Energy Inc. | 0.33% | 47,519 | $3.8M | Reduce -0.6% |
| CRM Salesforce Inc. | 0.31% | 13,467 | $3.6M | Reduce -8.2% |
| UNP Union Pacific Corp. | 0.30% | 15,022 | $3.5M | Reduce -0.9% |
| ORCL Oracle Corp. | 0.29% | 17,485 | $3.4M | Reduce -5.5% |
| VSGX Vanguard ESG Intl Stock ETF | 0.29% | 47,293 | $3.4M | Reduce -1.1% |
| AAEQ Alpha Architct US Eqty 2 ETF | 0.29% | 68,656 | $3.4M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.28% | 9,800 | $3.3M | Reduce -7.1% |
| MAS Masco Corp. | 0.28% | 50,393 | $3.2M | Reduce -5.6% |
| SUSA iShares ESG Optimized MSCI U | 0.27% | 22,631 | $3.2M | Reduce -1.8% |
| MA Mastercard Inc. Class A | 0.26% | 5,338 | $3.0M | Add +18.8% |
| COR Cencora Inc. | 0.26% | 8,886 | $3.0M | Reduce -1.6% |
| LECO Lincoln Electric Holdings | 0.25% | 12,228 | $2.9M | Reduce -5.5% |
| EOG EOG Resources Inc. | 0.25% | 27,893 | $2.9M | Reduce -9.2% |
| EMR Emerson Electric Co. | 0.25% | 21,793 | $2.9M | Reduce -4.2% |
| VIS Vanguard Industrials ETF | 0.25% | 9,656 | $2.9M | Reduce -5.1% |
| VPL Vanguard Ftse Pacific ETF | 0.24% | 31,225 | $2.8M | Reduce -5.7% |
| RTX RTX Corp. | 0.23% | 14,243 | $2.6M | Reduce -6.0% |
| AIG American International Group | 0.22% | 29,868 | $2.6M | Add +3.0% |
| PEP Pepsico Inc. | 0.22% | 17,618 | $2.5M | Reduce -2.8% |
| GSK GSK PLC-Spon ADR | 0.21% | 49,304 | $2.4M | Add +0.1% |
| ADP Automatic Data Processing | 0.20% | 8,906 | $2.3M | Add +2.0% |
| INTU Intuit Inc. | 0.19% | 3,358 | $2.2M | Reduce -3.5% |
| LIN Linde PLC | 0.18% | 5,035 | $2.1M | Reduce -6.3% |
| TGT Target Corp. | 0.17% | 20,628 | $2.0M | Reduce -8.9% |
| ABT Abbott Laboratories | 0.17% | 15,904 | $2.0M | Reduce -11.5% |
| TT Trane Technologies PLC | 0.17% | 5,083 | $2.0M | Add +0.1% |
| TMO Thermo Fisher Scientific Inc. | 0.17% | 3,407 | $2.0M | Add +22.1% |
| EXC Exelon Corp. | 0.17% | 43,926 | $1.9M | Add +616.8% |
| IWV iShares Russell 3000 ETF | 0.16% | 4,911 | $1.9M | Reduce -0.4% |
| AMAT Applied Materials Inc. | 0.15% | 6,938 | $1.8M | Add +8.2% |
| AXP American Express Co. | 0.15% | 4,722 | $1.7M | Reduce -8.9% |
| XLP SS Consumer Staples Sel Sect | 0.15% | 22,135 | $1.7M | Reduce -5.0% |
| DHR Danaher Corp. | 0.15% | 7,488 | $1.7M | Add +33.7% |
| XLY SS Consumer Disc Select Sect | 0.14% | 13,618 | $1.6M | Reduce -0.6% |
| CVX Chevron Corp. | 0.13% | 10,275 | $1.6M | Reduce -9.1% |
| MRSH Marsh & McLennan Cos | 0.13% | 8,361 | $1.6M | Add +8.8% |
| SDY SS SPDR S&P Dividend ETF | 0.13% | 10,760 | $1.5M | Reduce -8.9% |
| COST Costco Wholesale Corp. | 0.13% | 1,705 | $1.5M | Reduce -0.9% |
| NUDM Nuveen ESG Intl Devel MRK Eq | 0.12% | 38,435 | $1.4M | Reduce -4.0% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -3.7% | 4.66% | −0.73 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.70 |
| IVV iShares Core S&P 500 ETF | Reduce -2.3% | 6.91% | −0.28 |
| AVGO Broadcom Inc. | Reduce -6.6% | 3.80% | −0.23 |
| CMCSA Comcast Corp. Class A | Reduce -66.2% | 0.10% | −0.21 |
| ETN Eaton Corp. PLC | Reduce -8.2% | 0.58% | −0.19 |
| ORCL Oracle Corp. | Reduce -5.5% | 0.29% | −0.17 |
| KR Kroger Co. | Reduce -2.3% | 1.04% | −0.15 |
| PG The Procter & Gamble Co. | Reduce -1.7% | 1.03% | −0.14 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.9% | 4.55% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -3.2% | 2.13% | −0.11 |
| HON Honeywell International Inc. | Reduce -3.0% | 0.69% | −0.11 |
| T AT&T Inc. | Reduce -3.7% | 0.43% | −0.10 |
| LOW Lowe's Cos Inc. | Reduce -3.5% | 0.65% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 1.32% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -4.9% | 0.48% | −0.07 |
| V Visa Inc. Class A | Reduce -3.6% | 1.36% | −0.07 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -1.6% | 1.57% | −0.06 |
| MAS Masco Corp. | Reduce -5.6% | 0.28% | −0.06 |
| ATO Atmos Energy Corp. | Reduce -56.5% | 0.04% | −0.06 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -4.3% | 0.94% | −0.06 |
| EOG EOG Resources Inc. | Reduce -9.2% | 0.25% | −0.06 |
| MET Metlife Inc. | Reduce -5.8% | 0.35% | −0.05 |
| EVRG Evergy Inc. | Reduce -4.2% | 0.35% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -3.9% | 1.63% | −0.05 |
| GSLC Goldman Activebeta US LC ETF | Reduce -1.4% | 1.16% | −0.04 |
| ABT Abbott Laboratories | Reduce -11.5% | 0.17% | −0.04 |
| LIN Linde PLC | Reduce -6.3% | 0.18% | −0.04 |
| IQLT iShares MSCI International Q | Reduce -1.3% | 1.69% | −0.04 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.1% | 0.58% | −0.04 |
| ABBV Abbvie Inc. | Reduce -4.2% | 0.37% | −0.04 |
| MDT Medtronic PLC | Reduce -2.5% | 0.64% | −0.04 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.03 |
| DFAE Dimensional Emerging Core Eq | Reduce -0.5% | 2.79% | −0.03 |
| CMA Comerica Inc. | Reduce -50.0% | 0.05% | −0.03 |
| XLF SS Financial Select Sector | Reduce -6.1% | 0.35% | −0.03 |
| PFE Pfizer Inc. | Reduce -0.9% | 0.38% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -7.1% | 0.28% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -8.8% | 0.06% | −0.02 |
| K Kellanova | Sold out | 0.00% | −0.02 |
| CVX Chevron Corp. | Reduce -9.1% | 0.13% | −0.02 |
| VIS Vanguard Industrials ETF | Reduce -5.1% | 0.25% | −0.02 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.02 |
| VGK Vanguard Ftse Europe ETF | Reduce -6.0% | 0.39% | −0.02 |
| UNP Union Pacific Corp. | Reduce -0.9% | 0.30% | −0.02 |
| INTU Intuit Inc. | Reduce -3.5% | 0.19% | −0.02 |
| LECO Lincoln Electric Holdings | Reduce -5.5% | 0.25% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.2% | 0.42% | −0.02 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −0.02 |
| BLK BlackRock Inc. | Reduce -7.2% | 0.09% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| DFAIX Dfa SHRT-Dur RL RTRN-Inst | New | 1.82% | +1.82 |
| VFLO Victoryshares Free Cash Flow | Add +138.6% | 1.36% | +0.80 |
| DGRO iShares Core Dividend Growth | Add +8.0% | 7.31% | +0.41 |
| AAEQ Alpha Architct US Eqty 2 ETF | New | 0.29% | +0.29 |
| EXC Exelon Corp. | Add +616.8% | 0.17% | +0.14 |
| LLY Eli Lilly & Co. | Add +2.8% | 0.46% | +0.13 |
| UTHR United Therapeutics Corp. | New | 0.12% | +0.12 |
| REGN Regeneron Pharmaceuticals | Add +0.2% | 0.41% | +0.10 |
| QDF NT Qual Div ETF | Add +10.2% | 1.26% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | Add +22.1% | 0.17% | +0.05 |
| DHR Danaher Corp. | Add +33.7% | 0.15% | +0.05 |
| ADI Analog Devices Inc. | Add +104.3% | 0.08% | +0.04 |
| IDXX Idexx Laboratories Inc. | New | 0.04% | +0.04 |
| AMD Advanced Micro Devices | New | 0.04% | +0.04 |
| MTD Mettler-Toledo International | New | 0.04% | +0.04 |
| AMAT Applied Materials Inc. | Add +8.2% | 0.15% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.04% | +0.04 |
| MA Mastercard Inc. Class A | Add +18.8% | 0.26% | +0.03 |
| HWM Howmet Aerospace Inc. | New | 0.03% | +0.03 |
| PODD Insulet Corp. | New | 0.03% | +0.03 |
| VRT Vertiv Holdings Co. Class A | New | 0.03% | +0.03 |
| ISRG Intuitive Surgical Inc. | New | 0.03% | +0.03 |
| ASML ASML Holding NV-NY Reg SHS | Add +108.6% | 0.05% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.02% | +0.02 |
| DXCM Dexcom Inc. | New | 0.02% | +0.02 |
| USIG iShares Broad Usd Investment | New | 0.02% | +0.02 |
| EPD Enterprise Products Partners | New | 0.02% | +0.02 |
| JKHY Jack Henry & Associates Inc. | New | 0.02% | +0.02 |
| CTVA Corteva Inc. | New | 0.02% | +0.02 |
| EW Edwards Lifesciences Corp. | Add +13.4% | 0.12% | +0.02 |
| QCOM Qualcomm Inc. | New | 0.02% | +0.02 |
| ADBE Adobe Inc. | Add +9.7% | 0.42% | +0.02 |
| SHW The Sherwin-Williams Co. | New | 0.02% | +0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.02% | +0.02 |
| GSK GSK PLC-Spon ADR | Add +0.1% | 0.21% | +0.02 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.02% | +0.02 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.02% | +0.02 |
| AIG American International Group | Add +3.0% | 0.22% | +0.02 |
| GUNR NT Mstar GLBL NR ETF | Add +0.8% | 0.72% | +0.01 |
| GSIE Goldman Sachs Activebeta Int | Add +0.1% | 1.84% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +15.0% | 0.05% | +0.01 |
| MS Morgan Stanley | Add +0.1% | 0.07% | +0.01 |
| TSLA Tesla Inc. | Add +25.8% | 0.03% | +0.00 |
| INTC Intel Corp. | Add +0.1% | 0.06% | +0.00 |
| NVDA Nvidia Corp. | Add +4.7% | 0.47% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +3.6% | 1.80% | +0.00 |
| BAC Bank of America Corp. | Add +0.6% | 0.05% | +0.00 |
| KO The Coca-Cola Co. | Add +0.0% | 0.12% | +0.00 |
| GEV GE Vernova Inc. | Add +4.1% | 0.03% | +0.00 |
| NDAQ Nasdaq Inc. | Add +0.5% | 0.03% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 255 | $1.2B | DGRO, IVV, AAPL, IEFA, AVGO |
| Q1 2026 | 236 | $1.2B | DGRO, IVV, AAPL, IEFA, MSFT |
| Q4 2025 | 240 | $1.2B | DGRO, IVV, AAPL, MSFT, IEFA |
| Q3 2025 | 226 | $1.1B | IVV, DGRO, AAPL, MSFT, IEFA |
| Q2 2025 | 215 | $1.1B | IVV, DGRO, MSFT, IEFA, AAPL |
| Q1 2025 | 213 | $1.0B | DGRO, IVV, AAPL, IEFA, MSFT |
| Q4 2024 | 211 | $1.1B | DGRO, IVV, AAPL, MSFT, IEFA |
| Q3 2024 | 221 | $1.1B | DGRO, IVV, AAPL, MSFT, IEFA |
| Q2 2024 | 208 | $1.0B | DGRO, IVV, AAPL, MSFT, IEFA |
| Q1 2024 | 216 | $1.0B | DGRO, IVV, MSFT, AAPL, IEFA |