Means Investment Co., Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), Means Investment Co., Inc. reported 189 stock positions worth $1.1 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 16.4% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 7.4%) and Invesco S&P 500 Top 50 ETF (XLG, 6.7%). Compared with Q1 2025, it opened 11 new positions, sold out of 12, added to 76 and reduced 84. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- BANGOR, ME
- CIK
- 0000701516
- Portfolio Value
- $1.1B (Q2 2025)
- SEC Filing
- 0000701516-25-000006 ↗ filed Jul 25, 2025
Holdings Value
Holdings 189 stocks · $1.1B
| VOO Vanguard S&P 500 ETF | 16.36% | 303,973 | $172.7M | Add +3.2% |
| VEU Vanguard Ftse All-World Ex-U | 7.43% | 1,166,389 | $78.4M | Add +2.7% |
| XLG Invesco S&P 500 Top 50 ETF | 6.72% | 1,360,928 | $70.9M | Add +7.4% |
| AAPL Apple Inc. | 6.22% | 320,092 | $65.7M | Reduce -0.4% |
| MSFT Microsoft Corp. | 4.74% | 100,649 | $50.1M | Add +0.4% |
| NVDA Nvidia Corp. | 4.12% | 274,952 | $43.4M | Add +1.9% |
| AMZN Amazon.com Inc. | 4.06% | 195,247 | $42.8M | Reduce -0.4% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 3.68% | 106,000 | $38.8M | Reduce -3.8% |
| AVUV Avantis US Small Cap Value | 3.11% | 360,258 | $32.8M | Add +3.6% |
| IMCB iShares Morningstar Mid-Cap | 2.41% | 319,053 | $25.4M | Add +5.3% |
| XLRE SS Real Estate Select Sector | 2.37% | 605,108 | $25.1M | Add +3.2% |
| META Meta Platforms Inc. Class A | 2.20% | 31,473 | $23.2M | Reduce -1.4% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 2.03% | 163,407 | $21.4M | Reduce -5.4% |
| JBND JPMorgan Active Bond ETF | 1.85% | 364,117 | $19.5M | Add +1.7% |
| XLV SS Health Care Select Sector | 1.82% | 142,552 | $19.2M | Add +33.0% |
| JPM JPMorgan Chase & Co. | 1.76% | 64,023 | $18.6M | Add +1.1% |
| GOOG Alphabet Inc. Class C | 1.59% | 94,418 | $16.7M | Reduce -0.4% |
| PLTR Palantir Technologies Inc. Class A | 1.13% | 87,877 | $12.0M | Add +3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.93% | 20,165 | $9.8M | Add +1.9% |
| XLF SS Financial Select Sector | 0.90% | 181,043 | $9.5M | Add +6.0% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.88% | 126,462 | $9.3M | Add +0.0% |
| TSLA Tesla Inc. | 0.80% | 26,452 | $8.4M | Add +14.6% |
| MDY State Street SPDR S&P Midcap | 0.77% | 14,409 | $8.2M | Reduce -1.8% |
| ORCL Oracle Corp. | 0.70% | 33,743 | $7.4M | Reduce -0.8% |
| IHI iShares U.S. Medical Devices | 0.61% | 102,431 | $6.4M | Reduce -5.0% |
| CVX Chevron Corp. | 0.59% | 43,747 | $6.3M | Add +4.5% |
| V Visa Inc. Class A | 0.58% | 17,363 | $6.2M | Reduce -0.7% |
| LRCX Lam Research Corp. | 0.57% | 61,392 | $6.0M | Reduce -3.2% |
| VYM Vanguard High DVD Yield ETF | 0.56% | 43,957 | $5.9M | Reduce -4.3% |
| PM Philip Morris International | 0.55% | 31,948 | $5.8M | Reduce -0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.55% | 122,908 | $5.8M | Reduce -2.3% |
| AVGO Broadcom Inc. | 0.54% | 20,555 | $5.7M | Add +18.4% |
| CRM Salesforce Inc. | 0.53% | 20,705 | $5.6M | Reduce -3.4% |
| WMT Walmart Inc. | 0.48% | 51,899 | $5.1M | Add +0.1% |
| ABBV Abbvie Inc. | 0.47% | 26,851 | $5.0M | Add +0.1% |
| SMH Vaneck Semiconductor ETF | 0.44% | 16,727 | $4.7M | Reduce -11.3% |
| PG The Procter & Gamble Co. | 0.41% | 27,484 | $4.4M | Add +15.8% |
| UBER Uber Technologies Inc. | 0.39% | 43,940 | $4.1M | Reduce -0.4% |
| SCHW Schwab (charles) Corp. | 0.39% | 44,874 | $4.1M | Reduce -4.4% |
| ABT Abbott Laboratories | 0.39% | 29,962 | $4.1M | Reduce -0.7% |
| LLY Eli Lilly & Co. | 0.37% | 5,021 | $3.9M | Add +4.0% |
| GOOGL Alphabet Inc. Class A | 0.34% | 20,300 | $3.6M | Reduce -1.8% |
| JNJ Johnson & Johnson | 0.34% | 23,361 | $3.6M | Reduce -2.5% |
| GS Goldman Sachs Group Inc. | 0.33% | 4,989 | $3.5M | Reduce -1.5% |
| XOM Exxon Mobil Corp. | 0.32% | 31,733 | $3.4M | Reduce -0.4% |
| OEF iShares S&P 100 ETF | 0.29% | 9,918 | $3.0M | New |
| JEPI JPMorgan Equity Premium Inco | 0.27% | 50,284 | $2.9M | Reduce -10.3% |
| MCD McDonald's Corp. | 0.27% | 9,640 | $2.8M | Reduce -1.0% |
| PDI PIMCO Dynamic Income Fund | 0.26% | 143,601 | $2.7M | Add +0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 21,507 | $2.7M | Reduce -1.6% |
| BX Blackstone Inc. | 0.24% | 16,594 | $2.5M | Add +0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 8,336 | $2.5M | Add +7.1% |
| MRK Merck & Co. Inc. | 0.22% | 29,396 | $2.3M | Add +0.1% |
| RTX RTX Corp. | 0.20% | 14,559 | $2.1M | Reduce -1.1% |
| IJR iShares Core S&P Small-Cap E | 0.20% | 19,210 | $2.1M | Reduce -5.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 3,311 | $2.0M | No change |
| NOW ServiceNow Inc. | 0.19% | 1,988 | $2.0M | No change |
| MA Mastercard Inc. Class A | 0.19% | 3,612 | $2.0M | Add +4.5% |
| BABA Alibaba Group Holding-SP ADR | 0.18% | 16,930 | $1.9M | Reduce -4.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 3,730 | $1.9M | Reduce -0.8% |
| NFLX Netflix Inc. | 0.18% | 1,410 | $1.9M | Add +5.9% |
| SBUX Starbucks Corp. | 0.17% | 19,810 | $1.8M | Reduce -0.0% |
| CAC Camden National Corp. | 0.17% | 44,434 | $1.8M | Reduce -0.9% |
| HD Home Depot Inc. | 0.16% | 4,676 | $1.7M | Add +0.6% |
| HIMS Hims & Hers Health Inc. | 0.16% | 33,958 | $1.7M | Reduce -10.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.16% | 13,251 | $1.6M | Reduce -12.4% |
| SHOP Shopify Inc. Class A | 0.15% | 13,936 | $1.6M | Reduce -1.9% |
| MO Altria Group Inc. | 0.15% | 26,958 | $1.6M | Reduce -0.7% |
| ADX Adams Diversified Equity | 0.15% | 71,425 | $1.6M | New |
| PEP Pepsico Inc. | 0.14% | 11,590 | $1.5M | Reduce -3.7% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.14% | 7,807 | $1.5M | Add +0.1% |
| CSCO Cisco Systems Inc. | 0.14% | 21,065 | $1.5M | Reduce -1.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.14% | 2,624 | $1.4M | Add +32.8% |
| IVV iShares Core S&P 500 ETF | 0.13% | 2,292 | $1.4M | Add +2.5% |
| MDLZ Mondelez International Inc. Class A | 0.13% | 20,920 | $1.4M | Reduce -7.0% |
| NEE Nextera Energy Inc. | 0.13% | 19,891 | $1.4M | Reduce -1.9% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.13% | 21,828 | $1.4M | Reduce -11.9% |
| DE Deere & Co. | 0.13% | 2,675 | $1.4M | Reduce -4.0% |
| UNH Unitedhealth Group Inc. | 0.13% | 4,321 | $1.3M | Reduce -31.6% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.12% | 3,190 | $1.3M | Add +0.4% |
| NUE Nucor Corp. | 0.12% | 9,646 | $1.2M | Add +2.1% |
| KO The Coca-Cola Co. | 0.12% | 17,370 | $1.2M | Reduce -0.1% |
| BLK BlackRock Inc. | 0.11% | 1,129 | $1.2M | Reduce -10.2% |
| PANW Palo Alto Networks Inc. | 0.11% | 5,740 | $1.2M | Reduce -1.2% |
| ETN Eaton Corp. PLC | 0.11% | 3,164 | $1.1M | Add +1.0% |
| IDXX Idexx Laboratories Inc. | 0.11% | 2,080 | $1.1M | Reduce -1.9% |
| NOC Northrop Grumman Corp. | 0.10% | 2,207 | $1.1M | Reduce -5.6% |
| BMY Bristol-Myers Squibb Co. | 0.10% | 22,596 | $1.0M | Reduce -10.7% |
| VT Vanguard Tot World STK ETF | 0.10% | 8,030 | $1.0M | Reduce -6.7% |
| ADBE Adobe Inc. | 0.10% | 2,620 | $1.0M | Reduce -1.2% |
| SOFI Sofi Technologies Inc. | 0.09% | 54,138 | $986K | Add +12.0% |
| XHB SS SPDR S&P Homebldrs ETF | 0.09% | 9,456 | $932K | Reduce -0.7% |
| CARR Carrier Global Corp. | 0.09% | 12,617 | $923K | No change |
| SO The Southern Co. | 0.09% | 9,878 | $907K | Add +0.3% |
| QCOM Qualcomm Inc. | 0.09% | 5,644 | $899K | Reduce -0.3% |
| SNOW Snowflake Inc. | 0.09% | 4,012 | $898K | Reduce -14.2% |
| CAT Caterpillar Inc. | 0.08% | 2,271 | $882K | Reduce -0.9% |
| VZ Verizon Communications Inc. | 0.08% | 19,973 | $864K | Add +9.7% |
| NVS Novartis AG-Sponsored ADR | 0.08% | 7,112 | $861K | Add +0.7% |
| IBB iShares Biotechnology ETF | 0.08% | 6,583 | $833K | Reduce -29.4% |
Options reported separately and not counted above: GRAB calls ($7K), QQQ calls ($4K).
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -0.4% | 6.22% | −1.36 |
| XBI SS SPDR S&P Biotech ETF | Reduce -86.2% | 0.06% | −0.40 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -5.4% | 2.03% | −0.33 |
| UNH Unitedhealth Group Inc. | Reduce -31.6% | 0.13% | −0.22 |
| JNJ Johnson & Johnson | Reduce -2.5% | 0.34% | −0.08 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -66.4% | 0.04% | −0.08 |
| IHI iShares U.S. Medical Devices | Reduce -5.0% | 0.61% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 0.32% | −0.08 |
| CRM Salesforce Inc. | Reduce -3.4% | 0.53% | −0.08 |
| VYM Vanguard High DVD Yield ETF | Reduce -4.3% | 0.56% | −0.07 |
| JEPI JPMorgan Equity Premium Inco | Reduce -10.3% | 0.27% | −0.07 |
| V Visa Inc. Class A | Reduce -0.7% | 0.58% | −0.07 |
| BABA Alibaba Group Holding-SP ADR | Reduce -4.2% | 0.18% | −0.07 |
| PFE Pfizer Inc. | Reduce -60.4% | 0.03% | −0.07 |
| BMY Bristol-Myers Squibb Co. | Reduce -10.7% | 0.10% | −0.06 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.06 |
| MDY State Street SPDR S&P Midcap | Reduce -1.8% | 0.77% | −0.06 |
| MCD McDonald's Corp. | Reduce -1.0% | 0.27% | −0.06 |
| IBB iShares Biotechnology ETF | Reduce -29.4% | 0.08% | −0.05 |
| PEP Pepsico Inc. | Reduce -3.7% | 0.14% | −0.05 |
| LDUR PIMCO Enhanced Low Duration | Sold out | 0.00% | −0.04 |
| ABT Abbott Laboratories | Reduce -0.7% | 0.39% | −0.04 |
| SPAB SS SPDR P Agg Bond ETF | Sold out | 0.00% | −0.04 |
| SBUX Starbucks Corp. | Reduce -0.0% | 0.17% | −0.03 |
| TJX TJX Companies Inc. | Reduce -1.6% | 0.25% | −0.03 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -7.0% | 0.13% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.5% | 0.20% | −0.03 |
| PAVE Global X US Infrastructure | Sold out | 0.00% | −0.03 |
| MET Metlife Inc. | Reduce -29.1% | 0.04% | −0.02 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.02 |
| SMMD iShares Russell 2500 ETF | Sold out | 0.00% | −0.02 |
| MO Altria Group Inc. | Reduce -0.7% | 0.15% | −0.02 |
| INMD Inmode Ltd. | Sold out | 0.00% | −0.02 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.02 |
| NOC Northrop Grumman Corp. | Reduce -5.6% | 0.10% | −0.02 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.02 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.02 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.02 |
| CAC Camden National Corp. | Reduce -0.9% | 0.17% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -1.9% | 0.13% | −0.02 |
| PRU Prudential Financial Inc. | Reduce -11.0% | 0.06% | −0.02 |
| COP Conocophillips | Reduce -1.0% | 0.06% | −0.02 |
| AMGN Amgen Inc. | Reduce -1.8% | 0.06% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -7.4% | 0.06% | −0.02 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.12% | −0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -11.9% | 0.13% | −0.01 |
| BLK BlackRock Inc. | Reduce -10.2% | 0.11% | −0.01 |
| ADBE Adobe Inc. | Reduce -1.2% | 0.10% | −0.01 |
| UNP Union Pacific Corp. | Reduce -6.9% | 0.05% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +1.9% | 4.12% | +1.01 |
| MSFT Microsoft Corp. | Add +0.4% | 4.74% | +0.75 |
| XLG Invesco S&P 500 Top 50 ETF | Add +7.4% | 6.72% | +0.52 |
| PLTR Palantir Technologies Inc. Class A | Add +3.9% | 1.13% | +0.38 |
| OEF iShares S&P 100 ETF | New | 0.29% | +0.29 |
| VOO Vanguard S&P 500 ETF | Add +3.2% | 16.36% | +0.29 |
| AVGO Broadcom Inc. | Add +18.4% | 0.54% | +0.23 |
| TSLA Tesla Inc. | Add +14.6% | 0.80% | +0.16 |
| XLV SS Health Care Select Sector | Add +33.0% | 1.82% | +0.16 |
| ADX Adams Diversified Equity | New | 0.15% | +0.15 |
| VEU Vanguard Ftse All-World Ex-U | Add +2.7% | 7.43% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +1.1% | 1.76% | +0.11 |
| CVS CVS Health Corp. | Add +184.4% | 0.08% | +0.05 |
| NFLX Netflix Inc. | Add +5.9% | 0.18% | +0.05 |
| PYLD PIMCO Multisector Bond Actv | New | 0.04% | +0.04 |
| CSX CSX Corp. | New | 0.04% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +32.8% | 0.14% | +0.04 |
| ALL Allstate Corp. | New | 0.03% | +0.03 |
| SOFI Sofi Technologies Inc. | Add +12.0% | 0.09% | +0.03 |
| IBM Intl Business Machines Corp. | Add +7.1% | 0.23% | +0.03 |
| COIN Coinbase Global Inc. Class A | New | 0.03% | +0.03 |
| MSTR Strategy Inc. | Add +0.4% | 0.12% | +0.02 |
| IMCB iShares Morningstar Mid-Cap | Add +5.3% | 2.41% | +0.02 |
| KR Kroger Co. | New | 0.02% | +0.02 |
| CEG Constellation Energy | New | 0.02% | +0.02 |
| OKLO Oklo Inc. | New | 0.02% | +0.02 |
| AMD Advanced Micro Devices | Add +42.5% | 0.05% | +0.02 |
| T AT&T Inc. | Add +68.6% | 0.06% | +0.02 |
| AMP Ameriprise Financial Inc. | New | 0.02% | +0.02 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.02% | +0.02 |
| ETN Eaton Corp. PLC | Add +1.0% | 0.11% | +0.02 |
| BITO Proshares Bitcoin ETF-Usd | Add +14.9% | 0.04% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.1% | 0.07% | +0.00 |
| MS Morgan Stanley | Add +0.4% | 0.03% | +0.00 |
| TD Toronto-Dominion Bank | Add +0.4% | 0.02% | +0.00 |
| AXP American Express Co. | Add +0.1% | 0.04% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +2.5% | 0.13% | +0.00 |
| WFC Wells Fargo & Co. | Add +2.7% | 0.05% | +0.00 |
| MPC Marathon Petroleum Corp. | Add +0.4% | 0.03% | +0.00 |
| DKS Dick's Sporting Goods Inc. | Add +15.2% | 0.02% | +0.00 |
| IMCG iShares Morningstar Mid-Cap | Add +0.1% | 0.04% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +3.0% | 0.03% | −0.00 |
| PKW Invesco Buyback Achievers Et | Add +0.1% | 0.04% | −0.00 |
| HIG Hartford Insurance Group Inc. | Add +0.1% | 0.02% | −0.00 |
| NVS Novartis AG-Sponsored ADR | Add +0.7% | 0.08% | −0.00 |
| MMM 3M Co. | Add +0.1% | 0.03% | −0.00 |
| ILCV iShares Morningstar Value Et | Add +0.5% | 0.03% | −0.00 |
| NUE Nucor Corp. | Add +2.1% | 0.12% | −0.00 |
| COST Costco Wholesale Corp. | Add +0.9% | 0.04% | −0.00 |
| WMT Walmart Inc. | Add +0.1% | 0.48% | −0.00 |
Options Activity Q1 2025 → Q2 2025
| GRAB Grab Holdings Ltd. Class A | call | Add +65.0% | 16,500 | $7K |
| QQQ Invesco QQQ Trust Series 1 | call | New | 30,000 | $4K |
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 |