Means Investment Co., Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Means Investment Co., Inc. reported 188 stock positions worth $1.2 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 16.6% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 7.6%) and Invesco S&P 500 Top 50 ETF (XLG, 7.0%). Compared with Q2 2025, it opened 6 new positions, sold out of 7, added to 61 and reduced 105. The biggest buy was iShares Morningstar Mid-Cap (IMCB, shares +29%) and the biggest sale State Street SPDR S&P Midcap (MDY, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- BANGOR, ME
- CIK
- 0000701516
- Portfolio Value
- $1.2B (Q3 2025)
- SEC Filing
- 0000701516-25-000007 ↗ filed Nov 6, 2025
Holdings Value
Holdings 188 stocks · $1.2B
| VOO Vanguard S&P 500 ETF | 16.60% | 313,272 | $191.8M | Add +3.1% |
| VEU Vanguard Ftse All-World Ex-U | 7.64% | 1,236,490 | $88.2M | Add +6.0% |
| XLG Invesco S&P 500 Top 50 ETF | 6.95% | 1,396,283 | $80.3M | Add +2.6% |
| AAPL Apple Inc. | 6.69% | 303,398 | $77.3M | Reduce -5.2% |
| MSFT Microsoft Corp. | 4.47% | 99,607 | $51.6M | Reduce -1.0% |
| NVDA Nvidia Corp. | 4.19% | 259,287 | $48.4M | Reduce -5.7% |
| AMZN Amazon.com Inc. | 3.62% | 190,519 | $41.8M | Reduce -2.4% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 3.44% | 98,738 | $39.7M | Reduce -6.8% |
| AVUV Avantis US Small Cap Value | 3.35% | 388,452 | $38.7M | Add +7.8% |
| IMCB iShares Morningstar Mid-Cap | 2.95% | 411,047 | $34.1M | Add +28.8% |
| XLRE SS Real Estate Select Sector | 2.50% | 686,448 | $28.9M | Add +13.4% |
| XLV SS Health Care Select Sector | 1.99% | 165,495 | $23.0M | Add +16.1% |
| META Meta Platforms Inc. Class A | 1.93% | 30,327 | $22.3M | Reduce -3.6% |
| GOOG Alphabet Inc. Class C | 1.89% | 89,618 | $21.8M | Reduce -5.1% |
| JBND JPMorgan Active Bond ETF | 1.88% | 400,011 | $21.7M | Add +9.9% |
| JPM JPMorgan Chase & Co. | 1.76% | 64,619 | $20.4M | Add +0.9% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 1.72% | 144,393 | $19.9M | Reduce -11.6% |
| PLTR Palantir Technologies Inc. Class A | 1.37% | 86,750 | $15.8M | Reduce -1.3% |
| TSLA Tesla Inc. | 1.02% | 26,595 | $11.8M | Add +0.5% |
| XLF SS Financial Select Sector | 0.97% | 208,672 | $11.2M | Add +15.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.91% | 20,926 | $10.5M | Add +3.8% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.84% | 126,463 | $9.7M | Add +0.0% |
| ORCL Oracle Corp. | 0.82% | 33,852 | $9.5M | Add +0.3% |
| AVGO Broadcom Inc. | 0.69% | 24,238 | $8.0M | Add +17.9% |
| LRCX Lam Research Corp. | 0.68% | 59,071 | $7.9M | Reduce -3.8% |
| CVX Chevron Corp. | 0.57% | 42,505 | $6.6M | Reduce -2.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.53% | 119,312 | $6.2M | Reduce -2.9% |
| V Visa Inc. Class A | 0.53% | 17,837 | $6.1M | Add +2.7% |
| ABBV Abbvie Inc. | 0.51% | 25,475 | $5.9M | Reduce -5.1% |
| IHI iShares U.S. Medical Devices | 0.49% | 94,931 | $5.7M | Reduce -7.3% |
| VYM Vanguard High DVD Yield ETF | 0.48% | 39,007 | $5.5M | Reduce -11.3% |
| PM Philip Morris International | 0.44% | 31,595 | $5.1M | Reduce -1.1% |
| SMH Vaneck Semiconductor ETF | 0.43% | 15,267 | $5.0M | Reduce -8.7% |
| WMT Walmart Inc. | 0.43% | 47,886 | $4.9M | Reduce -7.7% |
| GOOGL Alphabet Inc. Class A | 0.39% | 18,630 | $4.5M | Reduce -8.2% |
| JNJ Johnson & Johnson | 0.38% | 23,491 | $4.4M | Add +0.6% |
| CRM Salesforce Inc. | 0.36% | 17,712 | $4.2M | Reduce -14.5% |
| PG The Procter & Gamble Co. | 0.36% | 27,012 | $4.2M | Reduce -1.7% |
| UBER Uber Technologies Inc. | 0.35% | 41,365 | $4.1M | Reduce -5.9% |
| SCHW Schwab (charles) Corp. | 0.35% | 42,321 | $4.0M | Reduce -5.7% |
| LLY Eli Lilly & Co. | 0.35% | 5,230 | $4.0M | Add +4.2% |
| ABT Abbott Laboratories | 0.34% | 29,217 | $3.9M | Reduce -2.5% |
| XOM Exxon Mobil Corp. | 0.32% | 33,118 | $3.7M | Add +4.4% |
| MDY State Street SPDR S&P Midcap | 0.31% | 5,955 | $3.5M | Reduce -58.7% |
| GS Goldman Sachs Group Inc. | 0.31% | 4,444 | $3.5M | Reduce -10.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 21,516 | $3.1M | Add +0.0% |
| NFLX Netflix Inc. | 0.26% | 2,460 | $2.9M | Add +74.5% |
| BX Blackstone Inc. | 0.25% | 16,657 | $2.8M | Add +0.4% |
| OEF iShares S&P 100 ETF | 0.24% | 8,437 | $2.8M | Reduce -14.9% |
| BABA Alibaba Group Holding-SP ADR | 0.24% | 15,508 | $2.8M | Reduce -8.4% |
| MCD McDonald's Corp. | 0.24% | 8,985 | $2.7M | Reduce -6.8% |
| RTX RTX Corp. | 0.23% | 15,862 | $2.7M | Add +8.9% |
| JEPI JPMorgan Equity Premium Inco | 0.22% | 45,026 | $2.6M | Reduce -10.5% |
| PDI PIMCO Dynamic Income Fund | 0.22% | 129,592 | $2.6M | Reduce -9.8% |
| MRK Merck & Co. Inc. | 0.21% | 29,223 | $2.5M | Reduce -0.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 8,190 | $2.3M | Reduce -1.8% |
| MA Mastercard Inc. Class A | 0.20% | 4,028 | $2.3M | Add +11.5% |
| IJR iShares Core S&P Small-Cap E | 0.18% | 17,754 | $2.1M | Reduce -7.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.18% | 3,141 | $2.1M | Reduce -5.1% |
| SHOP Shopify Inc. Class A | 0.17% | 13,148 | $2.0M | Reduce -5.7% |
| HD Home Depot Inc. | 0.17% | 4,728 | $1.9M | Add +1.1% |
| MO Altria Group Inc. | 0.15% | 27,005 | $1.8M | Add +0.2% |
| CAC Camden National Corp. | 0.15% | 44,097 | $1.7M | Reduce -0.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.14% | 3,390 | $1.7M | Reduce -9.1% |
| NOW ServiceNow Inc. | 0.14% | 1,732 | $1.6M | Reduce -12.9% |
| ADX Adams Diversified Equity | 0.14% | 71,425 | $1.6M | No change |
| SBUX Starbucks Corp. | 0.14% | 18,600 | $1.6M | Reduce -6.1% |
| PEP Pepsico Inc. | 0.14% | 11,127 | $1.6M | Reduce -4.0% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.13% | 7,760 | $1.5M | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 2,484 | $1.5M | Reduce -5.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 12,947 | $1.5M | Reduce -2.3% |
| NEE Nextera Energy Inc. | 0.13% | 19,616 | $1.5M | Reduce -1.4% |
| HIMS Hims & Hers Health Inc. | 0.13% | 25,602 | $1.5M | Reduce -24.6% |
| IVV iShares Core S&P 500 ETF | 0.12% | 2,137 | $1.4M | Reduce -6.8% |
| CSCO Cisco Systems Inc. | 0.12% | 20,897 | $1.4M | Reduce -0.8% |
| SOFI Sofi Technologies Inc. | 0.12% | 51,408 | $1.4M | Reduce -5.0% |
| BLK BlackRock Inc. | 0.11% | 1,124 | $1.3M | Reduce -0.4% |
| NUE Nucor Corp. | 0.11% | 9,647 | $1.3M | Add +0.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.11% | 19,111 | $1.3M | Reduce -12.4% |
| MDLZ Mondelez International Inc. Class A | 0.11% | 19,917 | $1.2M | Reduce -4.8% |
| NOC Northrop Grumman Corp. | 0.10% | 1,974 | $1.2M | Reduce -10.6% |
| IDXX Idexx Laboratories Inc. | 0.10% | 1,843 | $1.2M | Reduce -11.4% |
| KO The Coca-Cola Co. | 0.10% | 17,352 | $1.2M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 0.10% | 3,020 | $1.1M | Reduce -4.5% |
| CCJ Cameco Corp. | 0.10% | 13,320 | $1.1M | New |
| DE Deere & Co. | 0.10% | 2,401 | $1.1M | Reduce -10.2% |
| CAT Caterpillar Inc. | 0.09% | 2,275 | $1.1M | Add +0.2% |
| PANW Palo Alto Networks Inc. | 0.09% | 5,096 | $1.0M | Reduce -11.2% |
| XHB SS SPDR S&P Homebldrs ETF | 0.09% | 9,318 | $1.0M | Reduce -1.5% |
| MSTR Strategy Inc. | 0.09% | 3,168 | $1.0M | Reduce -0.7% |
| VT Vanguard Tot World STK ETF | 0.09% | 7,229 | $996K | Reduce -10.0% |
| BMY Bristol-Myers Squibb Co. | 0.08% | 21,554 | $972K | Reduce -4.6% |
| QCOM Qualcomm Inc. | 0.08% | 5,596 | $931K | Reduce -0.8% |
| SO The Southern Co. | 0.08% | 9,752 | $924K | Reduce -1.3% |
| ADBE Adobe Inc. | 0.08% | 2,620 | $924K | No change |
| CVS CVS Health Corp. | 0.08% | 11,904 | $897K | Add +0.2% |
| SNOW Snowflake Inc. | 0.08% | 3,923 | $885K | Reduce -2.2% |
| IBB iShares Biotechnology ETF | 0.08% | 6,077 | $877K | Reduce -7.7% |
| VZ Verizon Communications Inc. | 0.08% | 19,866 | $873K | Reduce -0.5% |
| NVS Novartis AG-Sponsored ADR | 0.07% | 6,587 | $845K | Reduce -7.4% |
Options reported separately and not counted above: VALE calls ($6K).
Portfolio Sells Q2 2025 → Q3 2025
| MDY State Street SPDR S&P Midcap | Reduce -58.7% | 0.31% | −0.47 |
| AMZN Amazon.com Inc. | Reduce -2.4% | 3.62% | −0.44 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -11.6% | 1.72% | −0.31 |
| MSFT Microsoft Corp. | Reduce -1.0% | 4.47% | −0.28 |
| META Meta Platforms Inc. Class A | Reduce -3.6% | 1.93% | −0.27 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -6.8% | 3.44% | −0.24 |
| CRM Salesforce Inc. | Reduce -14.5% | 0.36% | −0.17 |
| IHI iShares U.S. Medical Devices | Reduce -7.3% | 0.49% | −0.11 |
| PM Philip Morris International | Reduce -1.1% | 0.44% | −0.11 |
| VYM Vanguard High DVD Yield ETF | Reduce -11.3% | 0.48% | −0.08 |
| UNH Unitedhealth Group Inc. | Reduce -57.6% | 0.05% | −0.07 |
| NOW ServiceNow Inc. | Reduce -12.9% | 0.14% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -1.7% | 0.36% | −0.06 |
| WMT Walmart Inc. | Reduce -7.7% | 0.43% | −0.05 |
| JEPI JPMorgan Equity Premium Inco | Reduce -10.5% | 0.22% | −0.05 |
| ABT Abbott Laboratories | Reduce -2.5% | 0.34% | −0.05 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.05 |
| OEF iShares S&P 100 ETF | Reduce -14.9% | 0.24% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -5.7% | 0.35% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -5.9% | 0.35% | −0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -9.1% | 0.14% | −0.04 |
| PDI PIMCO Dynamic Income Fund | Reduce -9.8% | 0.22% | −0.04 |
| SBUX Starbucks Corp. | Reduce -6.1% | 0.14% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.04 |
| HIMS Hims & Hers Health Inc. | Reduce -24.6% | 0.13% | −0.03 |
| DE Deere & Co. | Reduce -10.2% | 0.10% | −0.03 |
| MSTR Strategy Inc. | Reduce -0.7% | 0.09% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -1.8% | 0.20% | −0.03 |
| MCD McDonald's Corp. | Reduce -6.8% | 0.24% | −0.03 |
| GS Goldman Sachs Group Inc. | Reduce -10.9% | 0.31% | −0.03 |
| DIS The Walt Disney Co. | Reduce -2.3% | 0.13% | −0.03 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -4.8% | 0.11% | −0.03 |
| CAC Camden National Corp. | Reduce -0.8% | 0.15% | −0.02 |
| CARR Carrier Global Corp. | Reduce -0.1% | 0.07% | −0.02 |
| CVX Chevron Corp. | Reduce -2.8% | 0.57% | −0.02 |
| UCO Proshares Ultra Bloomberg CR | Sold out | 0.00% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -11.2% | 0.09% | −0.02 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.02 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.02 |
| INGR Ingredion Inc. | Sold out | 0.00% | −0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -12.4% | 0.11% | −0.02 |
| PRU Prudential Financial Inc. | Reduce -19.1% | 0.05% | −0.02 |
| BAC Bank of America Corp. | Reduce -2.9% | 0.53% | −0.02 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.10% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -7.6% | 0.18% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -4.6% | 0.08% | −0.01 |
| PFE Pfizer Inc. | Reduce -41.5% | 0.02% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -0.8% | 0.12% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -21.5% | 0.03% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| IMCB iShares Morningstar Mid-Cap | Add +28.8% | 2.95% | +0.55 |
| VOO Vanguard S&P 500 ETF | Add +3.1% | 16.60% | +0.25 |
| AVUV Avantis US Small Cap Value | Add +7.8% | 3.35% | +0.24 |
| XLG Invesco S&P 500 Top 50 ETF | Add +2.6% | 6.95% | +0.23 |
| TSLA Tesla Inc. | Add +0.5% | 1.02% | +0.23 |
| VEU Vanguard Ftse All-World Ex-U | Add +6.0% | 7.64% | +0.21 |
| XLV SS Health Care Select Sector | Add +16.1% | 1.99% | +0.17 |
| AVGO Broadcom Inc. | Add +17.9% | 0.69% | +0.16 |
| XLRE SS Real Estate Select Sector | Add +13.4% | 2.50% | +0.13 |
| ORCL Oracle Corp. | Add +0.3% | 0.82% | +0.13 |
| CCJ Cameco Corp. | New | 0.10% | +0.10 |
| NFLX Netflix Inc. | Add +74.5% | 0.26% | +0.08 |
| XLF SS Financial Select Sector | Add +15.3% | 0.97% | +0.07 |
| JNJ Johnson & Johnson | Add +0.6% | 0.38% | +0.04 |
| OKLO Oklo Inc. | Add +29.5% | 0.06% | +0.03 |
| RTX RTX Corp. | Add +8.9% | 0.23% | +0.03 |
| JBND JPMorgan Active Bond ETF | Add +9.9% | 1.88% | +0.03 |
| COF Capital One Financial Corp. | New | 0.02% | +0.02 |
| PAVE Global X US Infrastructure | New | 0.02% | +0.02 |
| ES Eversource Energy | New | 0.02% | +0.02 |
| SYY Sysco Corp. | New | 0.02% | +0.02 |
| TJX TJX Companies Inc. | Add +0.0% | 0.27% | +0.02 |
| PYLD PIMCO Multisector Bond Actv | Add +50.9% | 0.06% | +0.02 |
| MS Morgan Stanley | Add +43.0% | 0.05% | +0.01 |
| BX Blackstone Inc. | Add +0.4% | 0.25% | +0.01 |
| CAT Caterpillar Inc. | Add +0.2% | 0.09% | +0.01 |
| VLO Valero Energy Corp. | Add +0.1% | 0.05% | +0.01 |
| FNLC First Bancorp Inc. | Add +40.6% | 0.03% | +0.01 |
| MA Mastercard Inc. Class A | Add +11.5% | 0.20% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.9% | 1.76% | +0.01 |
| MO Altria Group Inc. | Add +0.2% | 0.15% | +0.00 |
| HD Home Depot Inc. | Add +1.1% | 0.17% | +0.00 |
| BITO Proshares Bitcoin ETF-Usd | Add +27.9% | 0.04% | +0.00 |
| MPC Marathon Petroleum Corp. | Add +0.4% | 0.03% | +0.00 |
| UP Wheels Up Experience Inc. | New | 0.00% | +0.00 |
| PJP Invesco Pharmaceuticals ETF | Add +0.1% | 0.03% | +0.00 |
| CVS CVS Health Corp. | Add +0.2% | 0.08% | 0.00 |
| CSX CSX Corp. | Add +0.0% | 0.04% | −0.00 |
| ILCV iShares Morningstar Value Et | Add +0.5% | 0.02% | −0.00 |
| LMT Lockheed Martin Corp. | Add +0.7% | 0.05% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.1% | 0.03% | −0.00 |
| HIG Hartford Insurance Group Inc. | Add +0.1% | 0.02% | −0.00 |
| PKW Invesco Buyback Achievers Et | Add +0.0% | 0.04% | −0.00 |
| XLE SS Energy Select Sector | Add +0.2% | 0.02% | −0.00 |
| ALL Allstate Corp. | Add +0.1% | 0.03% | −0.00 |
| XOM Exxon Mobil Corp. | Add +4.4% | 0.32% | −0.00 |
| TRV The Travelers Cos Inc. | Add +0.1% | 0.03% | −0.00 |
| YUM Yum! Brands Inc. | Add +0.2% | 0.02% | −0.00 |
| MMM 3M Co. | Add +0.1% | 0.02% | −0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.5% | 0.05% | −0.00 |
Options Activity Q2 2025 → Q3 2025
| GRAB Grab Holdings Ltd. Class A | call | Sold out | 16,500 | $7Kbefore exit |
| VALE Vale SA-SP ADR | call | New | 16,200 | $6K |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 30,000 | $4Kbefore exit |
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 |