Means Investment Co., Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 21, 2025), Means Investment Co., Inc. reported 190 stock positions worth $941.7 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 16.1% of the portfolio, followed by Apple (AAPL, 7.6%) and Vanguard Ftse All-World Ex-U (VEU, 7.3%). Compared with Q4 2024, it opened 4 new positions, sold out of 18, added to 42 and reduced 133. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +111%) and the biggest sale Vngrd Mrgstr MG CP GR ETF-Ui (MGK, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- BANGOR, ME
- CIK
- 0000701516
- Portfolio Value
- $941.7M (Q1 2025)
- SEC Filing
- 0000701516-25-000002 ↗ filed Apr 21, 2025
Holdings Value
Holdings 190 stocks · $941.7M
| VOO Vanguard S&P 500 ETF | 16.07% | 294,500 | $151.3M | Add +110.6% |
| AAPL Apple Inc. | 7.58% | 321,481 | $71.4M | Reduce -12.2% |
| VEU Vanguard Ftse All-World Ex-U | 7.32% | 1,135,655 | $68.9M | Add +49.1% |
| XLG Invesco S&P 500 Top 50 ETF | 6.20% | 1,267,671 | $58.3M | Add +1122.3% |
| MSFT Microsoft Corp. | 4.00% | 100,224 | $37.6M | Reduce -5.1% |
| AMZN Amazon.com Inc. | 3.96% | 196,061 | $37.3M | Reduce -17.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 3.61% | 110,147 | $34.0M | Reduce -58.0% |
| AVUV Avantis US Small Cap Value | 3.22% | 347,601 | $30.3M | Add +148.6% |
| NVDA Nvidia Corp. | 3.11% | 269,908 | $29.3M | Add +10.5% |
| XLRE SS Real Estate Select Sector | 2.61% | 586,531 | $24.5M | Add +31.0% |
| IMCB iShares Morningstar Mid-Cap | 2.38% | 302,927 | $22.4M | Add +92.3% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 2.36% | 172,656 | $22.2M | Reduce -65.9% |
| JBND JPMorgan Active Bond ETF | 2.03% | 358,030 | $19.2M | Add +3.1% |
| META Meta Platforms Inc. Class A | 1.95% | 31,928 | $18.4M | Reduce -24.3% |
| XLV SS Health Care Select Sector | 1.66% | 107,181 | $15.6M | Add +125.1% |
| JPM JPMorgan Chase & Co. | 1.65% | 63,306 | $15.5M | Reduce -22.1% |
| GOOG Alphabet Inc. Class C | 1.57% | 94,823 | $14.8M | Reduce -20.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.12% | 19,796 | $10.5M | Reduce -30.0% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.96% | 126,461 | $9.0M | No change |
| XLF SS Financial Select Sector | 0.90% | 170,756 | $8.5M | Add +759.6% |
| MDY State Street SPDR S&P Midcap | 0.83% | 14,676 | $7.8M | Add +1.4% |
| PLTR Palantir Technologies Inc. Class A | 0.76% | 84,567 | $7.1M | Reduce -11.9% |
| CVX Chevron Corp. | 0.74% | 41,885 | $7.0M | Reduce -23.5% |
| IHI iShares U.S. Medical Devices | 0.69% | 107,768 | $6.5M | Reduce -28.8% |
| V Visa Inc. Class A | 0.65% | 17,476 | $6.1M | Reduce -28.5% |
| TSLA Tesla Inc. | 0.64% | 23,089 | $6.0M | Add +37.7% |
| VYM Vanguard High DVD Yield ETF | 0.63% | 45,920 | $5.9M | Reduce -27.8% |
| CRM Salesforce Inc. | 0.61% | 21,437 | $5.8M | Reduce -48.7% |
| ABBV Abbvie Inc. | 0.60% | 26,832 | $5.6M | Reduce -3.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.56% | 125,738 | $5.2M | Reduce -12.2% |
| PM Philip Morris International | 0.54% | 32,145 | $5.1M | Reduce -1.9% |
| ORCL Oracle Corp. | 0.50% | 34,002 | $4.8M | Reduce -3.4% |
| LRCX Lam Research Corp. | 0.49% | 63,445 | $4.6M | Reduce -52.2% |
| WMT Walmart Inc. | 0.48% | 51,866 | $4.6M | Reduce -25.2% |
| XBI SS SPDR S&P Biotech ETF | 0.45% | 52,666 | $4.3M | Reduce -50.7% |
| PG The Procter & Gamble Co. | 0.43% | 23,745 | $4.0M | Reduce -4.5% |
| ABT Abbott Laboratories | 0.42% | 30,162 | $4.0M | Reduce -7.0% |
| SMH Vaneck Semiconductor ETF | 0.42% | 18,866 | $4.0M | Reduce -2.8% |
| LLY Eli Lilly & Co. | 0.42% | 4,827 | $4.0M | Add +49.9% |
| JNJ Johnson & Johnson | 0.42% | 23,956 | $4.0M | Reduce -9.4% |
| XOM Exxon Mobil Corp. | 0.40% | 31,859 | $3.8M | Add +52.6% |
| SCHW Schwab (charles) Corp. | 0.39% | 46,958 | $3.7M | Reduce -56.4% |
| UNH Unitedhealth Group Inc. | 0.35% | 6,316 | $3.3M | Add +29.9% |
| UBER Uber Technologies Inc. | 0.34% | 44,113 | $3.2M | Reduce -54.9% |
| JEPI JPMorgan Equity Premium Inco | 0.34% | 56,043 | $3.2M | Reduce -19.9% |
| GOOGL Alphabet Inc. Class A | 0.34% | 20,672 | $3.2M | Add +6.9% |
| MCD McDonald's Corp. | 0.32% | 9,741 | $3.0M | Reduce -17.5% |
| AVGO Broadcom Inc. | 0.31% | 17,361 | $2.9M | Add +147.7% |
| PDI PIMCO Dynamic Income Fund | 0.30% | 143,219 | $2.8M | Reduce -33.6% |
| GS Goldman Sachs Group Inc. | 0.29% | 5,063 | $2.8M | Reduce -35.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 21,852 | $2.7M | Reduce -9.4% |
| MRK Merck & Co. Inc. | 0.28% | 29,375 | $2.6M | Reduce -4.1% |
| BABA Alibaba Group Holding-SP ADR | 0.25% | 17,673 | $2.3M | Reduce -18.1% |
| BX Blackstone Inc. | 0.25% | 16,517 | $2.3M | Reduce -20.7% |
| IJR iShares Core S&P Small-Cap E | 0.23% | 20,328 | $2.1M | Reduce -51.7% |
| RTX RTX Corp. | 0.21% | 14,725 | $2.0M | Reduce -1.7% |
| SBUX Starbucks Corp. | 0.21% | 19,817 | $1.9M | Reduce -16.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 7,785 | $1.9M | Reduce -5.4% |
| MA Mastercard Inc. Class A | 0.20% | 3,456 | $1.9M | Add +88.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 3,311 | $1.9M | Reduce -20.8% |
| CAC Camden National Corp. | 0.19% | 44,818 | $1.8M | Reduce -1.6% |
| PEP Pepsico Inc. | 0.19% | 12,040 | $1.8M | Add +10.3% |
| HD Home Depot Inc. | 0.18% | 4,648 | $1.7M | Reduce -11.2% |
| MO Altria Group Inc. | 0.17% | 27,153 | $1.6M | Reduce -8.0% |
| NOW ServiceNow Inc. | 0.17% | 1,988 | $1.6M | Reduce -21.8% |
| BMY Bristol-Myers Squibb Co. | 0.16% | 25,305 | $1.5M | Reduce -15.2% |
| MDLZ Mondelez International Inc. Class A | 0.16% | 22,485 | $1.5M | Reduce -23.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.16% | 15,126 | $1.5M | Reduce -15.8% |
| NEE Nextera Energy Inc. | 0.15% | 20,269 | $1.4M | Reduce -3.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.15% | 7,800 | $1.4M | Add +89.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.14% | 24,770 | $1.4M | Reduce -70.0% |
| SHOP Shopify Inc. Class A | 0.14% | 14,203 | $1.4M | Add +0.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.14% | 3,760 | $1.3M | Reduce -8.8% |
| CSCO Cisco Systems Inc. | 0.14% | 21,349 | $1.3M | Reduce -15.7% |
| DE Deere & Co. | 0.14% | 2,788 | $1.3M | Reduce -11.6% |
| IVV iShares Core S&P 500 ETF | 0.13% | 2,237 | $1.3M | Reduce -3.9% |
| KO The Coca-Cola Co. | 0.13% | 17,384 | $1.2M | Reduce -7.9% |
| NFLX Netflix Inc. | 0.13% | 1,332 | $1.2M | Reduce -17.7% |
| NOC Northrop Grumman Corp. | 0.13% | 2,339 | $1.2M | Reduce -46.6% |
| IBB iShares Biotechnology ETF | 0.13% | 9,323 | $1.2M | Reduce -9.7% |
| BLK BlackRock Inc. | 0.13% | 1,257 | $1.2M | Reduce -41.4% |
| NUE Nucor Corp. | 0.12% | 9,444 | $1.1M | Add +0.0% |
| HIMS Hims & Hers Health Inc. | 0.12% | 37,829 | $1.1M | Reduce -24.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.12% | 16,016 | $1.1M | Reduce -68.1% |
| ADBE Adobe Inc. | 0.11% | 2,651 | $1.0M | No change |
| VT Vanguard Tot World STK ETF | 0.11% | 8,602 | $997K | Reduce -41.5% |
| PANW Palo Alto Networks Inc. | 0.11% | 5,810 | $991K | Reduce -4.1% |
| PFE Pfizer Inc. | 0.10% | 37,066 | $939K | Reduce -43.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.10% | 1,976 | $926K | Reduce -15.7% |
| XHB SS SPDR S&P Homebldrs ETF | 0.10% | 9,523 | $923K | Reduce -21.9% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.10% | 3,178 | $916K | Add +0.6% |
| SO The Southern Co. | 0.10% | 9,852 | $906K | Reduce -29.6% |
| IDXX Idexx Laboratories Inc. | 0.09% | 2,121 | $891K | Reduce -36.4% |
| QCOM Qualcomm Inc. | 0.09% | 5,662 | $870K | Reduce -20.7% |
| ETN Eaton Corp. PLC | 0.09% | 3,134 | $852K | Reduce -3.6% |
| VZ Verizon Communications Inc. | 0.09% | 18,209 | $826K | Reduce -4.3% |
| PRU Prudential Financial Inc. | 0.09% | 7,166 | $800K | Reduce -40.0% |
| CARR Carrier Global Corp. | 0.08% | 12,617 | $800K | Reduce -2.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.08% | 1 | $798K | No change |
| NVS Novartis AG-Sponsored ADR | 0.08% | 7,066 | $788K | Reduce -3.3% |
Options reported separately and not counted above: GRAB calls ($6K).
Portfolio Sells Q4 2024 → Q1 2025
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -58.0% | 3.61% | −5.77 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -65.9% | 2.36% | −4.22 |
| AAPL Apple Inc. | Reduce -12.2% | 7.58% | −1.96 |
| AMZN Amazon.com Inc. | Reduce -17.7% | 3.96% | −1.48 |
| CRM Salesforce Inc. | Reduce -48.7% | 0.61% | −0.84 |
| GOOG Alphabet Inc. Class C | Reduce -20.6% | 1.57% | −0.80 |
| MSFT Microsoft Corp. | Reduce -5.1% | 4.00% | −0.64 |
| META Meta Platforms Inc. Class A | Reduce -24.3% | 1.95% | −0.62 |
| XBI SS SPDR S&P Biotech ETF | Reduce -50.7% | 0.45% | −0.55 |
| LRCX Lam Research Corp. | Reduce -52.2% | 0.49% | −0.51 |
| SCHW Schwab (charles) Corp. | Reduce -56.4% | 0.39% | −0.44 |
| JPM JPMorgan Chase & Co. | Reduce -22.1% | 1.65% | −0.38 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -70.0% | 0.14% | −0.33 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -68.1% | 0.12% | −0.33 |
| IJR iShares Core S&P Small-Cap E | Reduce -51.7% | 0.23% | −0.28 |
| UBER Uber Technologies Inc. | Reduce -54.9% | 0.34% | −0.27 |
| IHI iShares U.S. Medical Devices | Reduce -28.8% | 0.69% | −0.23 |
| VYM Vanguard High DVD Yield ETF | Reduce -27.8% | 0.63% | −0.22 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -30.0% | 1.12% | −0.21 |
| GS Goldman Sachs Group Inc. | Reduce -35.0% | 0.29% | −0.17 |
| WMT Walmart Inc. | Reduce -25.2% | 0.48% | −0.17 |
| V Visa Inc. Class A | Reduce -28.5% | 0.65% | −0.15 |
| BX Blackstone Inc. | Reduce -20.7% | 0.25% | −0.13 |
| NOW ServiceNow Inc. | Reduce -21.8% | 0.17% | −0.11 |
| PDI PIMCO Dynamic Income Fund | Reduce -33.6% | 0.30% | −0.11 |
| ORCL Oracle Corp. | Reduce -3.4% | 0.50% | −0.11 |
| BLK BlackRock Inc. | Reduce -41.4% | 0.13% | −0.10 |
| BAC Bank of America Corp. | Reduce -12.2% | 0.56% | −0.10 |
| NOC Northrop Grumman Corp. | Reduce -46.6% | 0.13% | −0.09 |
| CVX Chevron Corp. | Reduce -23.5% | 0.74% | −0.08 |
| PFE Pfizer Inc. | Reduce -43.0% | 0.10% | −0.08 |
| JEPI JPMorgan Equity Premium Inco | Reduce -19.9% | 0.34% | −0.08 |
| VT Vanguard Tot World STK ETF | Reduce -41.5% | 0.11% | −0.07 |
| NKE Nike Inc. Class B | Reduce -44.4% | 0.06% | −0.07 |
| SMH Vaneck Semiconductor ETF | Reduce -2.8% | 0.42% | −0.07 |
| XHE SS SPDR S&P HC Equip ETF | Reduce -56.2% | 0.04% | −0.06 |
| PRU Prudential Financial Inc. | Reduce -40.0% | 0.09% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -20.8% | 0.20% | −0.06 |
| DIS The Walt Disney Co. | Reduce -15.8% | 0.16% | −0.05 |
| IDXX Idexx Laboratories Inc. | Reduce -36.4% | 0.09% | −0.05 |
| ROBO Robo Global Robotics and Aut | Sold out | 0.00% | −0.04 |
| FDN First Trust DJ Internet Ind | Reduce -37.5% | 0.06% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -4.1% | 0.28% | −0.04 |
| STAG Stag Industrial Inc. | Sold out | 0.00% | −0.04 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.04 |
| XHB SS SPDR S&P Homebldrs ETF | Reduce -21.9% | 0.10% | −0.03 |
| MCD McDonald's Corp. | Reduce -17.5% | 0.32% | −0.03 |
| SNOW Snowflake Inc. | Reduce -28.8% | 0.07% | −0.03 |
| HD Home Depot Inc. | Reduce -11.2% | 0.18% | −0.03 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Add +110.6% | 16.07% | +8.23 |
| XLG Invesco S&P 500 Top 50 ETF | Add +1122.3% | 6.20% | +5.66 |
| VEU Vanguard Ftse All-World Ex-U | Add +49.1% | 7.32% | +2.76 |
| AVUV Avantis US Small Cap Value | Add +148.6% | 3.22% | +1.81 |
| IMCB iShares Morningstar Mid-Cap | Add +92.3% | 2.38% | +1.13 |
| XLV SS Health Care Select Sector | Add +125.1% | 1.66% | +0.98 |
| XLF SS Financial Select Sector | Add +759.6% | 0.90% | +0.80 |
| XLRE SS Real Estate Select Sector | Add +31.0% | 2.61% | +0.71 |
| XOM Exxon Mobil Corp. | Add +52.6% | 0.40% | +0.17 |
| LLY Eli Lilly & Co. | Add +49.9% | 0.42% | +0.16 |
| JBND JPMorgan Active Bond ETF | Add +3.1% | 2.03% | +0.15 |
| AVGO Broadcom Inc. | Add +147.7% | 0.31% | +0.14 |
| MA Mastercard Inc. Class A | Add +88.4% | 0.20% | +0.10 |
| UNH Unitedhealth Group Inc. | Add +29.9% | 0.35% | +0.10 |
| MTB M & T Bank Corp. | Add +89.0% | 0.15% | +0.07 |
| CVS CVS Health Corp. | New | 0.03% | +0.03 |
| YUM Yum! Brands Inc. | New | 0.03% | +0.03 |
| HIG Hartford Insurance Group Inc. | New | 0.02% | +0.02 |
| TD Toronto-Dominion Bank | New | 0.02% | +0.02 |
| PEP Pepsico Inc. | Add +10.3% | 0.19% | +0.02 |
| T AT&T Inc. | Add +8.4% | 0.04% | +0.01 |
| NUE Nucor Corp. | Add +0.0% | 0.12% | +0.01 |
| WM Waste Management Inc. | Add +0.1% | 0.03% | +0.00 |
| VLO Valero Energy Corp. | Add +0.2% | 0.05% | +0.00 |
| MMM 3M Co. | Add +0.1% | 0.03% | +0.00 |
| HDV iShares Core High Dividend E | Add +0.7% | 0.04% | +0.00 |
| TRV The Travelers Cos Inc. | Add +0.1% | 0.03% | +0.00 |
| CHTR Charter Communications Inc. Class A | Add +0.4% | 0.03% | +0.00 |
| BNY Bank of New York Mellon Corp. | Add +0.1% | 0.03% | +0.00 |
| AFL Aflac Inc. | Add +0.0% | 0.03% | +0.00 |
| WFC Wells Fargo & Co. | Add +0.3% | 0.05% | +0.00 |
| MSTR Strategy Inc. | Add +0.6% | 0.10% | +0.00 |
| XLB SS Materials Select Sector | Add +0.5% | 0.05% | +0.00 |
| WY Weyerhaeuser Co. | Add +0.4% | 0.03% | +0.00 |
| LDUR PIMCO Enhanced Low Duration | Add +1.0% | 0.04% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +0.3% | 0.04% | +0.00 |
| SYY Sysco Corp. | Add +0.3% | 0.02% | +0.00 |
| IWS iShares Russell Mid-Cap Valu | Add +0.2% | 0.04% | −0.00 |
| TXN Texas Instruments Inc. | Add +0.3% | 0.03% | −0.00 |
| DHR Danaher Corp. | Add +0.1% | 0.02% | −0.00 |
| DKNG Draftkings Inc. Class A | Add +3.0% | 0.04% | −0.00 |
| SHOP Shopify Inc. Class A | Add +0.2% | 0.14% | −0.01 |
| MDY State Street SPDR S&P Midcap | Add +1.4% | 0.83% | −0.03 |
| GOOGL Alphabet Inc. Class A | Add +6.9% | 0.34% | −0.04 |
| TSLA Tesla Inc. | Add +37.7% | 0.64% | −0.07 |
| NVDA Nvidia Corp. | Add +10.5% | 3.11% | −0.31 |
Options Activity Q4 2024 → Q1 2025
| GRAB Grab Holdings Ltd. Class A | call | Reduce -9.1% | 10,000 | $6K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 198 | $1.3B | VOO, VEU, XLG, AAPL, NVDA |
| Q1 2026 | 192 | $1.1B | VOO, VEU, XLG, AAPL, NVDA |
| Q4 2025 | 182 | $1.2B | VOO, VEU, XLG, AAPL, MSFT |
| Q3 2025 | 188 | $1.2B | VOO, VEU, XLG, AAPL, MSFT |
| Q2 2025 | 189 | $1.1B | VOO, VEU, XLG, AAPL, MSFT |
| Q1 2025 | 190 | $941.7M | VOO, AAPL, VEU, XLG, MSFT |
| Q4 2024 | 204 | $960.7M | AAPL, MGK, VOO, MGV, AMZN |
| Q3 2024 | 203 | $900.1M | AAPL, MGK, VOO, MGV, VEU |
| Q2 2024 | 191 | $836.5M | MGK, AAPL, VOO, MGV, MSFT |
| Q1 2024 | 197 | $773.1M | MGK, AAPL, VOO, MGV, MSFT |