Norway Savings Bank

Name: Norway Savings Bank 13F holdings, Q1 2025
Creator: Norway Savings Bank
Published: 2025-04-22

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Norway Savings Bank reported 104 stock positions worth $175.9 million. Its top holding was Apple (AAPL) at 5.5% of the portfolio, followed by Microsoft (MSFT, 3.8%) and JPMorgan Chase (JPM, 3.1%). Compared with Q4 2024, it opened 3 new positions, sold out of 4, added to 35 and reduced 61. The biggest buy was a new position in BlackRock (BLK) and the biggest sale Nvidia (NVDA, shares −5%).

Most Recent 13F: Q2 2026
Location: NORWAY, ME
CIK: 0001692227
Portfolio Value: $175.9M (Q1 2025)
SEC Filing: 0001692227-25-000003 ↗ filed Apr 22, 2025

Holdings Value

Holdings 104 stocks · $175.9M


AAPL Apple Inc.	5.49%	43,492	$9.7M	Reduce -3.9%
MSFT Microsoft Corp.	3.85%	18,030	$6.8M	Add +6.4%
JPM JPMorgan Chase & Co.	3.08%	22,103	$5.4M	Reduce -0.7%
GOOGL Alphabet Inc. Class A	3.07%	34,865	$5.4M	Add +1.0%
AMZN Amazon.com Inc.	3.03%	28,049	$5.3M	Add +0.1%
NVDA Nvidia Corp.	2.96%	48,026	$5.2M	Reduce -4.9%
PANW Palo Alto Networks Inc.	2.87%	29,547	$5.0M	Reduce -3.5%
BRK.B Berkshire Hathaway Inc. Class B	2.74%	9,045	$4.8M	Add +0.2%
ABT Abbott Laboratories	2.54%	33,630	$4.5M	Reduce -2.0%
EMXC iShares MSCI Emr MRK Ex Chna	2.42%	77,249	$4.3M	Add +9.3%
LLY Eli Lilly & Co.	2.33%	4,972	$4.1M	Reduce -4.8%
ORCL Oracle Corp.	2.29%	28,799	$4.0M	Reduce -1.9%
SPDW Ste STR SPDR PT DW Eu ETF	2.16%	104,195	$3.8M	Add +0.8%
CVX Chevron Corp.	2.15%	22,595	$3.8M	Reduce -1.6%
COST Costco Wholesale Corp.	1.99%	3,693	$3.5M	Reduce -0.4%
APH Amphenol Corp. Class A	1.94%	51,931	$3.4M	Reduce -2.1%
PG The Procter & Gamble Co.	1.93%	19,901	$3.4M	Reduce -4.7%
XOM Exxon Mobil Corp.	1.89%	27,935	$3.3M	Reduce -2.3%
ICE Intercontinental Exchange Inc.	1.54%	15,670	$2.7M	Reduce -0.7%
ADI Analog Devices Inc.	1.52%	13,221	$2.7M	Add +0.6%
JNJ Johnson & Johnson	1.51%	16,029	$2.7M	Reduce -3.8%
CRM Salesforce Inc.	1.50%	9,846	$2.6M	Add +2.4%
META Meta Platforms Inc. Class A	1.43%	4,362	$2.5M	Add +14.0%
TYL Tyler Technologies Inc.	1.40%	4,232	$2.5M	Add +3.4%
BLK BlackRock Inc.	1.30%	2,417	$2.3M	New
DGRO iShares Core Dividend Growth	1.28%	36,370	$2.2M	Add +30.0%
LOW Lowe's Cos Inc.	1.18%	8,907	$2.1M	Add +0.4%
COP Conocophillips	1.14%	19,103	$2.0M	Add +1.0%
BX Blackstone Inc.	1.11%	13,942	$1.9M	Add +2.5%
HON Honeywell International Inc.	1.11%	9,197	$1.9M	Add +12.3%
PEP Pepsico Inc.	0.98%	11,515	$1.7M	Reduce -3.1%
NEE Nextera Energy Inc.	0.97%	24,112	$1.7M	Add +4.7%
DUK Duke Energy Corp.	0.97%	13,999	$1.7M	Reduce -5.8%
MRSH Marsh & McLennan Cos	0.97%	6,957	$1.7M	Reduce -2.5%
MCHP Microchip Technology Inc.	0.95%	34,668	$1.7M	Reduce -4.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.90%	12,993	$1.6M	Add +0.1%
GS Goldman Sachs Group Inc.	0.90%	2,884	$1.6M	Add +6.0%
KO The Coca-Cola Co.	0.88%	21,578	$1.5M	Reduce -1.0%
BA The Boeing Co.	0.85%	8,799	$1.5M	Add +4.0%
MDLZ Mondelez International Inc. Class A	0.85%	22,028	$1.5M	Reduce -14.2%
CAT Caterpillar Inc.	0.83%	4,445	$1.5M	Reduce -0.4%
IDXX Idexx Laboratories Inc.	0.82%	3,438	$1.4M	Add +4.0%
AMD Advanced Micro Devices	0.80%	13,656	$1.4M	Add +8.3%
DLR Digital Realty Trust Inc.	0.78%	9,553	$1.4M	Add +1.9%
KLAC KLA Corp.	0.77%	1,987	$1.4M	Reduce -5.8%
DHR Danaher Corp.	0.76%	6,539	$1.3M	Add +5.7%
MCD McDonald's Corp.	0.74%	4,182	$1.3M	Reduce -5.3%
ACN Accenture PLC Class A	0.73%	4,087	$1.3M	Add +0.2%
AMGN Amgen Inc.	0.70%	3,958	$1.2M	Reduce -0.2%
BDX Becton Dickinson and Co.	0.68%	5,248	$1.2M	Add +2.5%
EOG EOG Resources Inc.	0.67%	9,146	$1.2M	Add +9.2%
HCA HCA Healthcare Inc.	0.66%	3,382	$1.2M	Add +52.5%
CMG Chipotle Mexican Grill Inc.	0.65%	22,878	$1.1M	Reduce -6.5%
GD General Dynamics Corp.	0.64%	4,157	$1.1M	Add +4.4%
ADBE Adobe Inc.	0.64%	2,930	$1.1M	Add +29.5%
JCI Johnson Controls Internation	0.64%	13,990	$1.1M	Add +1.4%
ZS Zscaler Inc.	0.63%	5,621	$1.1M	Add +14.8%
V Visa Inc. Class A	0.61%	3,039	$1.1M	Reduce -1.0%
CI The Cigna Group	0.59%	3,175	$1.0M	No change
FDX FedEx Corp.	0.57%	4,135	$1.0M	Reduce -4.8%
SBUX Starbucks Corp.	0.56%	10,018	$983K	Reduce -1.2%
MTB M & T Bank Corp. filed as M & T BK CORP	0.54%	5,310	$949K	Reduce -1.0%
ABBV Abbvie Inc.	0.54%	4,520	$947K	Reduce -1.8%
ZBRA Zebra Technologies Corp. Class A	0.53%	3,298	$932K	Add +21.1%
ISRG Intuitive Surgical Inc.	0.48%	1,703	$843K	New
UPS United Parcel Service Class B	0.47%	7,477	$822K	Reduce -2.8%
HD Home Depot Inc.	0.46%	2,206	$808K	Reduce -5.0%
BHP BHP Group Ltd.-Spon ADR	0.45%	16,159	$784K	Reduce -2.3%
VZ Verizon Communications Inc.	0.44%	17,212	$781K	Reduce -13.0%
AMT American Tower Corp.	0.43%	3,480	$757K	Reduce -24.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.38%	6,715	$663K	Reduce -38.5%
VWO Vanguard Ftse Emerging Marke	0.36%	14,100	$638K	Reduce -37.7%
ZTS Zoetis Inc.	0.35%	3,773	$621K	Reduce -11.7%
EFA iShares MSCI Eafe ETF	0.33%	7,030	$575K	Reduce -9.6%
BMY Bristol-Myers Squibb Co.	0.30%	8,678	$529K	Reduce -2.6%
BMI Badger Meter Inc.	0.29%	2,718	$517K	Add +10.6%
CSCO Cisco Systems Inc.	0.29%	8,163	$504K	Reduce -8.8%
MA Mastercard Inc. Class A	0.27%	854	$468K	Reduce -5.5%
TXN Texas Instruments Inc.	0.26%	2,515	$452K	Reduce -18.9%
WMT Walmart Inc.	0.25%	4,910	$431K	Reduce -2.5%
ALB Albemarle Corp.	0.23%	5,717	$412K	Add +11.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.23%	1,642	$408K	No change
DE Deere & Co.	0.23%	865	$406K	Reduce -43.4%
AFL Aflac Inc.	0.23%	3,615	$402K	Reduce -2.7%
PYPL PayPal Holdings Inc.	0.23%	6,080	$397K	Reduce -37.7%
CB Chubb Ltd.	0.21%	1,243	$375K	Reduce -3.9%
PFE Pfizer Inc.	0.21%	14,464	$367K	Reduce -9.9%
RTX RTX Corp.	0.20%	2,658	$352K	Reduce -4.2%
ZBH Zimmer Biomet Holdings Inc.	0.20%	3,074	$348K	Reduce -64.1%
STT State Street Corp.	0.17%	3,438	$308K	No change
LHX L3HARRIS Technologies Inc.	0.17%	1,446	$303K	No change
T AT&T Inc.	0.17%	10,609	$300K	Reduce -14.2%
SCHW Schwab (charles) Corp.	0.17%	3,710	$290K	Reduce -2.0%
CVS CVS Health Corp.	0.16%	4,219	$286K	Reduce -48.9%
MKC McCormick & Co.-Non VTG SHRS	0.15%	3,168	$261K	New
TM Toyota Motor Corp. -Spon ADR	0.15%	1,458	$257K	Add +18.3%
MMM 3M Co.	0.14%	1,658	$243K	Reduce -13.1%
CCI Crown Castle Inc.	0.14%	2,329	$243K	Reduce -4.9%
NKE Nike Inc. Class B	0.14%	3,765	$239K	Reduce -64.7%
ENB Enbridge Inc.	0.13%	5,237	$232K	Reduce -15.3%
MS Morgan Stanley	0.13%	1,953	$228K	Reduce -3.2%
CSX CSX Corp.	0.13%	7,500	$221K	No change
C Citigroup Inc.	0.12%	3,080	$219K	Reduce -11.2%
GOOG Alphabet Inc. Class C	0.12%	1,399	$219K	Reduce -9.7%

Portfolio Sells Q4 2024 → Q1 2025


NVDA Nvidia Corp.	Reduce -4.9%	2.96%	−0.80
AAPL Apple Inc.	Reduce -3.9%	5.49%	−0.79
ORCL Oracle Corp.	Reduce -1.9%	2.29%	−0.42
NKE Nike Inc. Class B	Reduce -64.7%	0.14%	−0.31
ZBH Zimmer Biomet Holdings Inc.	Reduce -64.1%	0.20%	−0.30
DIS The Walt Disney Co.	Reduce -38.5%	0.38%	−0.30
PYPL PayPal Holdings Inc.	Reduce -37.7%	0.23%	−0.24
PANW Palo Alto Networks Inc.	Reduce -3.5%	2.87%	−0.22
MCHP Microchip Technology Inc.	Reduce -4.2%	0.95%	−0.20
VWO Vanguard Ftse Emerging Marke	Reduce -37.7%	0.36%	−0.19
CMG Chipotle Mexican Grill Inc.	Reduce -6.5%	0.65%	−0.16
APD Air Products & Chemicals Inc.	Sold out	0.00%	−0.16
AVGO Broadcom Inc.	Sold out	0.00%	−0.15
TMO Thermo Fisher Scientific Inc.	Sold out	0.00%	−0.14
DE Deere & Co.	Reduce -43.4%	0.23%	−0.13
MRK Merck & Co. Inc.	Sold out	0.00%	−0.12
APH Amphenol Corp. Class A	Reduce -2.1%	1.94%	−0.10
FDX FedEx Corp.	Reduce -4.8%	0.57%	−0.10
UPS United Parcel Service Class B	Reduce -2.8%	0.47%	−0.07
TXN Texas Instruments Inc.	Reduce -18.9%	0.26%	−0.07
CAT Caterpillar Inc.	Reduce -0.4%	0.83%	−0.06
CVS CVS Health Corp.	Reduce -48.9%	0.16%	−0.04
HD Home Depot Inc.	Reduce -5.0%	0.46%	−0.04
GOOG Alphabet Inc. Class C	Reduce -9.7%	0.12%	−0.04
AMT American Tower Corp.	Reduce -24.2%	0.43%	−0.04
ZTS Zoetis Inc.	Reduce -11.7%	0.35%	−0.03
PFE Pfizer Inc.	Reduce -9.9%	0.21%	−0.03
PEP Pepsico Inc.	Reduce -3.1%	0.98%	−0.02
MTB M & T Bank Corp.	Reduce -1.0%	0.54%	−0.02
ENB Enbridge Inc.	Reduce -15.3%	0.13%	−0.01
PG The Procter & Gamble Co.	Reduce -4.7%	1.93%	−0.01
C Citigroup Inc.	Reduce -11.2%	0.12%	−0.01
MS Morgan Stanley	Reduce -3.2%	0.13%	−0.01
CSCO Cisco Systems Inc.	Reduce -8.8%	0.29%	−0.01
WMT Walmart Inc.	Reduce -2.5%	0.25%	−0.01
BHP BHP Group Ltd.-Spon ADR	Reduce -2.3%	0.45%	−0.00
MDLZ Mondelez International Inc. Class A	Reduce -14.2%	0.85%	+0.00
EFA iShares MSCI Eafe ETF	Reduce -9.6%	0.33%	+0.00
MMM 3M Co.	Reduce -13.1%	0.14%	+0.00
MA Mastercard Inc. Class A	Reduce -5.5%	0.27%	+0.00
VZ Verizon Communications Inc.	Reduce -13.0%	0.44%	+0.01
SCHW Schwab (charles) Corp.	Reduce -2.0%	0.17%	+0.01
T AT&T Inc.	Reduce -14.2%	0.17%	+0.01
CCI Crown Castle Inc.	Reduce -4.9%	0.14%	+0.01
CB Chubb Ltd.	Reduce -3.9%	0.21%	+0.02
AFL Aflac Inc.	Reduce -2.7%	0.23%	+0.02
BMY Bristol-Myers Squibb Co.	Reduce -2.6%	0.30%	+0.02
RTX RTX Corp.	Reduce -4.2%	0.20%	+0.02
KLAC KLA Corp.	Reduce -5.8%	0.77%	+0.03
MCD McDonald's Corp.	Reduce -5.3%	0.74%	+0.03

Portfolio Buys Q4 2024 → Q1 2025


BLK BlackRock Inc.	New	1.30%	+1.30
ISRG Intuitive Surgical Inc.	New	0.48%	+0.48
BRK.B Berkshire Hathaway Inc. Class B	Add +0.2%	2.74%	+0.47
DGRO iShares Core Dividend Growth	Add +30.0%	1.28%	+0.33
HCA HCA Healthcare Inc.	Add +52.5%	0.66%	+0.30
EMXC iShares MSCI Emr MRK Ex Chna	Add +9.3%	2.42%	+0.25
SPDW Ste STR SPDR PT DW Eu ETF	Add +0.8%	2.16%	+0.20
META Meta Platforms Inc. Class A	Add +14.0%	1.43%	+0.19
MKC McCormick & Co.-Non VTG SHRS	New	0.15%	+0.15
ZS Zscaler Inc.	Add +14.8%	0.63%	+0.14
COP Conocophillips	Add +1.0%	1.14%	+0.10
EOG EOG Resources Inc.	Add +9.2%	0.67%	+0.10
TYL Tyler Technologies Inc.	Add +3.4%	1.40%	+0.09
HON Honeywell International Inc.	Add +12.3%	1.11%	+0.08
ADBE Adobe Inc.	Add +29.5%	0.64%	+0.08
IDXX Idexx Laboratories Inc.	Add +4.0%	0.82%	+0.06
GD General Dynamics Corp.	Add +4.4%	0.64%	+0.06
NEE Nextera Energy Inc.	Add +4.7%	0.97%	+0.06
BDX Becton Dickinson and Co.	Add +2.5%	0.68%	+0.04
JCI Johnson Controls Internation	Add +1.4%	0.64%	+0.03
GS Goldman Sachs Group Inc.	Add +6.0%	0.90%	+0.03
TJX TJX Companies Inc.	Add +0.1%	0.90%	+0.03
BA The Boeing Co.	Add +4.0%	0.85%	+0.02
TM Toyota Motor Corp. -Spon ADR	Add +18.3%	0.15%	+0.01
BMI Badger Meter Inc.	Add +10.6%	0.29%	+0.01
ALB Albemarle Corp.	Add +11.0%	0.23%	−0.01
DHR Danaher Corp.	Add +5.7%	0.76%	−0.02
ADI Analog Devices Inc.	Add +0.6%	1.52%	−0.03
LOW Lowe's Cos Inc.	Add +0.4%	1.18%	−0.03
AMD Advanced Micro Devices	Add +8.3%	0.80%	−0.05
ZBRA Zebra Technologies Corp. Class A	Add +21.1%	0.53%	−0.05
ACN Accenture PLC Class A	Add +0.2%	0.73%	−0.07
MSFT Microsoft Corp.	Add +6.4%	3.85%	−0.11
DLR Digital Realty Trust Inc.	Add +1.9%	0.78%	−0.14
BX Blackstone Inc.	Add +2.5%	1.11%	−0.19
CRM Salesforce Inc.	Add +2.4%	1.50%	−0.28
AMZN Amazon.com Inc.	Add +0.1%	3.03%	−0.37
GOOGL Alphabet Inc. Class A	Add +1.0%	3.07%	−0.55

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	104	$238.5M	GOOGL, AAPL, PANW, NVDA, AMD
Q1 2026	103	$210.9M	GOOGL, AAPL, NVDA, MSFT, AMZN
Q4 2025	105	$216.2M	GOOGL, AAPL, MSFT, NVDA, JPM
Q3 2025	103	$206.8M	AAPL, MSFT, GOOGL, NVDA, ORCL
Q2 2025	103	$194.7M	MSFT, AAPL, NVDA, GOOGL, AMZN
Q1 2025	104	$175.9M	AAPL, MSFT, JPM, GOOGL, AMZN
Q4 2024	105	$180.5M	AAPL, MSFT, NVDA, GOOGL, AMZN
Q3 2024	106	$184.4M	AAPL, MSFT, NVDA, GOOGL, PANW
Q2 2024	101	$175.4M	AAPL, MSFT, NVDA, GOOGL, PANW
Q1 2024	136	$239.6M	VTI, AAPL, IJH, MSFT, BOND