Penobscot Wealth Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 19, 2025), Penobscot Wealth Management reported 103 stock positions worth $311.6 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 19.2% of the portfolio, followed by Dimensional GLBL Core PL Fix (DFGP, 14.4%) and Vanguard Ftse Developed ETF (VEA, 11.2%). Compared with Q2 2025, it opened 9 new positions, sold out of 3, added to 43 and reduced 45. The biggest buy was a new position in JPMorgan Active Growth ETF (JGRO) and the biggest sale Pacer US Cash Cows 100 ETF (COWZ, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0001875768
- Portfolio Value
- $311.6M (Q3 2025)
- SEC Filing
- 0002063364-25-000280 ↗ filed Nov 19, 2025
Holdings Value
Holdings 103 stocks · $311.6M
| SPYM Ste STR SPDR PT S&P 500 ETF | 19.16% | 761,868 | $59.7M | Add +1.2% |
| DFGP Dimensional GLBL Core PL Fix | 14.40% | 807,488 | $44.9M | Add +11.0% |
| VEA Vanguard Ftse Developed ETF | 11.15% | 579,820 | $34.7M | Add +4.9% |
| IAGG iShares Intl Aggregate Bond | 4.49% | 273,041 | $14.0M | Add +11.9% |
| VGT Vanguard Info Tech ETF | 3.90% | 16,278 | $12.2M | Reduce -5.2% |
| VWO Vanguard Ftse Emerging Marke | 3.63% | 208,666 | $11.3M | Add +2.9% |
| JGRO JPMorgan Active Growth ETF | 2.92% | 96,883 | $9.1M | New |
| STIP iShares 0-5 Year Tips Bond E | 2.69% | 80,998 | $8.4M | Add +11.5% |
| DFIC Dimensional International Co. | 2.44% | 232,174 | $7.6M | Add +3.2% |
| VFH Vanguard Financials ETF | 1.84% | 43,582 | $5.7M | Add +1.1% |
| VOO Vanguard S&P 500 ETF | 1.50% | 7,628 | $4.7M | Reduce -4.3% |
| GLDM SPDR Gold Minishares Trust | 1.42% | 57,767 | $4.4M | Add +7.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.32% | 74,232 | $4.1M | Reduce -41.6% |
| DFAE Dimensional Emerging Core Eq | 1.29% | 127,115 | $4.0M | Add +9.3% |
| VOX Vanguard Communication Servi | 1.28% | 21,271 | $4.0M | Add +0.8% |
| SCHX Schwab US Large-Cap ETF | 1.15% | 136,430 | $3.6M | Add +8.1% |
| XMHQ Invesco S&P Midcap Qual ETF | 1.14% | 33,707 | $3.5M | Reduce -3.0% |
| FDIS Fidelity MSCI Cons Discr Ind | 1.10% | 33,334 | $3.4M | Add +2.8% |
| VHT Vanguard Health Care ETF | 1.09% | 13,102 | $3.4M | Add +4.5% |
| IXUS iShares Core Intl Stock ETF | 0.98% | 37,047 | $3.1M | Reduce -3.7% |
| AAPL Apple Inc. | 0.94% | 11,474 | $2.9M | Reduce -4.7% |
| FIDU Fidelity MSCI Indust Indx | 0.91% | 34,619 | $2.8M | Add +17.9% |
| IYK iShares US Consumer Staples | 0.87% | 39,419 | $2.7M | Add +0.6% |
| EWJ iShares MSCI Japan ETF | 0.79% | 30,550 | $2.5M | Reduce -1.3% |
| COWZ Pacer US Cash Cows 100 ETF | 0.75% | 40,512 | $2.3M | Reduce -58.4% |
| IEUR iShares Core MSCI Europe ETF | 0.67% | 30,840 | $2.1M | Add +6.1% |
| VNQ Vanguard Real Estate ETF | 0.64% | 21,647 | $2.0M | Add +10.3% |
| ICLN iShares Global Clean Energy | 0.55% | 109,936 | $1.7M | Add +0.1% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.52% | 26,203 | $1.6M | Reduce -47.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.50% | 17,993 | $1.6M | Add +4.3% |
| IDXX Idexx Laboratories Inc. | 0.48% | 2,337 | $1.5M | Reduce -19.1% |
| XLK SS Technology Select Sector | 0.46% | 5,104 | $1.4M | Add +2.8% |
| IGF iShares Global Infrastructur | 0.46% | 23,428 | $1.4M | Add +6.6% |
| ITOT iShares Core S&P Total U.S. | 0.45% | 9,672 | $1.4M | New |
| MSFT Microsoft Corp. | 0.44% | 2,677 | $1.4M | Reduce -5.5% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.40% | 28,865 | $1.2M | Add +18.4% |
| XLF SS Financial Select Sector | 0.39% | 22,655 | $1.2M | Reduce -11.0% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.38% | 27,174 | $1.2M | Add +8.1% |
| NVDA Nvidia Corp. | 0.38% | 6,356 | $1.2M | Reduce -4.8% |
| BND Vanguard Total Bond Market | 0.38% | 15,740 | $1.2M | Add +26.9% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.36% | 14,061 | $1.1M | Add +0.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 12,857 | $1.1M | Add +122.8% |
| IWB iShares Russell 1000 ETF | 0.33% | 2,800 | $1.0M | Reduce -3.3% |
| IYW iShares Ustechnology ETF | 0.32% | 5,082 | $995K | Reduce -1.9% |
| ESGV Vanguard ESG US Stock ETF | 0.32% | 8,370 | $991K | Reduce -0.4% |
| SPEM State Street SP PTF Em ETF | 0.30% | 20,263 | $949K | Add +2.2% |
| ESGD iShares Trust iShares ESG Aw | 0.30% | 10,055 | $935K | Add +17.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.29% | 20,870 | $893K | Reduce -10.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.25% | 4,225 | $788K | Add +0.1% |
| VDC Vanguard Consumer Staple ETF | 0.25% | 3,644 | $779K | Add +40.2% |
| IWM iShares Russell 2000 ETF | 0.25% | 3,202 | $775K | Add +18.9% |
| EMB iShares JP Morgan Usd Emergi | 0.23% | 7,538 | $718K | Reduce -0.7% |
| RPG Invesco S&P 500 Pure Growth | 0.23% | 14,864 | $709K | Add +0.1% |
| FMAT Fidelity MSCI Materials Indx | 0.23% | 13,528 | $709K | Reduce -31.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.23% | 15,220 | $705K | Reduce -3.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.22% | 2,049 | $672K | Add +0.3% |
| XLC SS Comm Select Sector SPDR | 0.21% | 5,431 | $643K | Reduce -8.1% |
| RSP Invesco S&P 500 Equal Weight | 0.20% | 3,241 | $615K | Add +0.3% |
| AMZN Amazon.com Inc. | 0.19% | 2,702 | $593K | Reduce -3.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.19% | 2,294 | $583K | Reduce -1.3% |
| XLV SS Health Care Select Sector | 0.16% | 3,684 | $513K | Reduce -3.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.16% | 1,047 | $502K | No change |
| GLD SPDR Gold Shares | 0.16% | 1,365 | $485K | Add +1.9% |
| IJS iShares S&P Small-Cap 600 Va | 0.15% | 4,341 | $480K | New |
| DFUS Dimensional US Eq MKT ETF | 0.15% | 6,519 | $472K | No change |
| MRK Merck & Co. Inc. | 0.15% | 5,417 | $455K | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 0.14% | 1,270 | $438K | No change |
| JPM JPMorgan Chase & Co. | 0.14% | 1,362 | $430K | Reduce -4.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.14% | 8,530 | $427K | Add +49.1% |
| PG The Procter & Gamble Co. | 0.13% | 2,730 | $419K | Reduce -2.0% |
| FREL Fidelity MSCI RL Est Indx | 0.12% | 13,991 | $389K | Add +6.4% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.12% | 8,642 | $379K | Add +20.7% |
| IYY iShares Dow Jones U.S. ETF | 0.12% | 2,308 | $375K | No change |
| IJR iShares Core S&P Small-Cap E | 0.12% | 3,036 | $361K | Reduce -10.5% |
| IEMG iShares Core MSCI Emerging | 0.11% | 5,378 | $355K | New |
| ESGE iShares Inc. iShares ESG Awar | 0.11% | 8,163 | $354K | Reduce -1.6% |
| XLY SS Consumer Disc Select Sect | 0.11% | 1,470 | $352K | Reduce -17.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.11% | 1,159 | $341K | Reduce -5.7% |
| CAT Caterpillar Inc. | 0.11% | 705 | $336K | Reduce -7.1% |
| ETN Eaton Corp. PLC | 0.11% | 883 | $330K | Reduce -12.1% |
| USXF iShares ESG Advance MSCI USA | 0.11% | 5,753 | $330K | New |
| COST Costco Wholesale Corp. | 0.10% | 349 | $323K | Reduce -3.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.10% | 1,541 | $322K | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 0.10% | 1,291 | $314K | Reduce -20.2% |
| META Meta Platforms Inc. Class A | 0.10% | 425 | $312K | Add +20.4% |
| DFSI Dimensional Int Sus COR1 ETF | 0.10% | 7,615 | $312K | Add +1.2% |
| FSLR First Solar Inc. | 0.09% | 1,310 | $289K | No change |
| VXUS Vanguard Total Intl Stock | 0.09% | 3,832 | $282K | Reduce -0.2% |
| BNDX Vanguard Total Intl Bond ETF | 0.09% | 5,691 | $281K | Reduce -5.4% |
| GE General Electric filed as GE AEROSPACE | 0.08% | 832 | $250K | No change |
| SCHG Schwab US Large-Cap Growth | 0.08% | 7,655 | $244K | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 850 | $240K | Reduce -4.7% |
| SCHV Schwab US Large-Cap Value | 0.08% | 8,141 | $237K | Reduce -0.0% |
| PEP Pepsico Inc. | 0.08% | 1,681 | $236K | Reduce -0.9% |
| DFSU Dimensional US Sus CORE1 ETF | 0.07% | 5,470 | $232K | Reduce -3.6% |
| FUTY Fidelity MSCI US Utilities | 0.07% | 3,993 | $225K | Reduce -8.9% |
| MMM 3M Co. | 0.07% | 1,450 | $225K | Add +0.1% |
| VIGI Vanguard Int Div App Indx FD | 0.07% | 2,438 | $218K | Reduce -1.0% |
| VGK Vanguard Ftse Europe ETF | 0.07% | 2,679 | $214K | Reduce -10.1% |
| VCR Vanguard Consumer Discre ETF | 0.07% | 530 | $210K | New |
Portfolio Sells Q2 2025 → Q3 2025
| COWZ Pacer US Cash Cows 100 ETF | Reduce -58.4% | 0.75% | −1.17 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -41.6% | 1.32% | −1.06 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -47.3% | 0.52% | −0.44 |
| VGT Vanguard Info Tech ETF | Reduce -5.2% | 3.90% | −0.18 |
| FMAT Fidelity MSCI Materials Indx | Reduce -31.4% | 0.23% | −0.12 |
| VOO Vanguard S&P 500 ETF | Reduce -4.3% | 1.50% | −0.12 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.10 |
| IVE iShares S&P 500 Value ETF | Sold out | 0.00% | −0.09 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -3.0% | 1.14% | −0.09 |
| XLF SS Financial Select Sector | Reduce -11.0% | 0.39% | −0.09 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.08 |
| IXUS iShares Core Intl Stock ETF | Reduce -3.7% | 0.98% | −0.08 |
| IDXX Idexx Laboratories Inc. | Reduce -19.1% | 0.48% | −0.08 |
| MSFT Microsoft Corp. | Reduce -5.5% | 0.44% | −0.06 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -10.5% | 0.29% | −0.05 |
| EWJ iShares MSCI Japan ETF | Reduce -1.3% | 0.79% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -3.1% | 0.19% | −0.03 |
| XLY SS Consumer Disc Select Sect | Reduce -17.4% | 0.11% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -3.9% | 0.10% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -2.0% | 0.13% | −0.02 |
| IWB iShares Russell 1000 ETF | Reduce -3.3% | 0.33% | −0.02 |
| XLC SS Comm Select Sector SPDR | Reduce -8.1% | 0.21% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -12.1% | 0.11% | −0.02 |
| EMB iShares JP Morgan Usd Emergi | Reduce -0.7% | 0.23% | −0.02 |
| XLV SS Health Care Select Sector | Reduce -3.0% | 0.16% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -4.7% | 0.08% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -10.5% | 0.12% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -5.4% | 0.09% | −0.02 |
| VGK Vanguard Ftse Europe ETF | Reduce -10.1% | 0.07% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -3.3% | 0.23% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -5.7% | 0.11% | −0.01 |
| ESGV Vanguard ESG US Stock ETF | Reduce -0.4% | 0.32% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -4.9% | 0.14% | −0.01 |
| FUTY Fidelity MSCI US Utilities | Reduce -8.9% | 0.07% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.3% | 0.19% | −0.01 |
| VIGI Vanguard Int Div App Indx FD | Reduce -1.0% | 0.07% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.8% | 0.15% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -1.2% | 0.10% | −0.01 |
| DFSU Dimensional US Sus CORE1 ETF | Reduce -3.6% | 0.07% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -0.2% | 0.09% | −0.00 |
| SCHV Schwab US Large-Cap Value | Reduce -0.0% | 0.08% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.9% | 0.08% | −0.00 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -1.6% | 0.11% | −0.00 |
| IYW iShares Ustechnology ETF | Reduce -1.9% | 0.32% | −0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -20.2% | 0.10% | −0.00 |
| CAT Caterpillar Inc. | Reduce -7.1% | 0.11% | +0.00 |
| NVDA Nvidia Corp. | Reduce -4.8% | 0.38% | +0.00 |
| AAPL Apple Inc. | Reduce -4.7% | 0.94% | +0.05 |
Portfolio Buys Q2 2025 → Q3 2025
| JGRO JPMorgan Active Growth ETF | New | 2.92% | +2.92 |
| ITOT iShares Core S&P Total U.S. | New | 0.45% | +0.45 |
| DFGP Dimensional GLBL Core PL Fix | Add +11.0% | 14.40% | +0.21 |
| IEFA iShares Core MSCI Eafe ETF | Add +122.8% | 0.36% | +0.19 |
| IJS iShares S&P Small-Cap 600 Va | New | 0.15% | +0.15 |
| GLDM SPDR Gold Minishares Trust | Add +7.1% | 1.42% | +0.15 |
| IEMG iShares Core MSCI Emerging | New | 0.11% | +0.11 |
| USXF iShares ESG Advance MSCI USA | New | 0.11% | +0.11 |
| FIDU Fidelity MSCI Indust Indx | Add +17.9% | 0.91% | +0.10 |
| DFAE Dimensional Emerging Core Eq | Add +9.3% | 1.29% | +0.08 |
| VCR Vanguard Consumer Discre ETF | New | 0.07% | +0.07 |
| PXH Inves Rafi Emer MRKT-Usd Inc. | New | 0.07% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | New | 0.07% | +0.07 |
| GOOG Alphabet Inc. Class C | New | 0.07% | +0.07 |
| SCHX Schwab US Large-Cap ETF | Add +8.1% | 1.15% | +0.05 |
| BND Vanguard Total Bond Market | Add +26.9% | 0.38% | +0.05 |
| VDC Vanguard Consumer Staple ETF | Add +40.2% | 0.25% | +0.05 |
| IWM iShares Russell 2000 ETF | Add +18.9% | 0.25% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +49.1% | 0.14% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +2.9% | 3.63% | +0.04 |
| ICLN iShares Global Clean Energy | Add +0.1% | 0.55% | +0.03 |
| IAGG iShares Intl Aggregate Bond | Add +11.9% | 4.49% | +0.03 |
| ESGD iShares Trust iShares ESG Aw | Add +17.3% | 0.30% | +0.03 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +18.4% | 0.40% | +0.02 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Add +8.1% | 0.38% | +0.02 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +20.7% | 0.12% | +0.01 |
| STIP iShares 0-5 Year Tips Bond E | Add +11.5% | 2.69% | +0.01 |
| XLK SS Technology Select Sector | Add +2.8% | 0.46% | +0.01 |
| GLD SPDR Gold Shares | Add +1.9% | 0.16% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +10.3% | 0.64% | +0.01 |
| FDIS Fidelity MSCI Cons Discr Ind | Add +2.8% | 1.10% | +0.01 |
| META Meta Platforms Inc. Class A | Add +20.4% | 0.10% | +0.01 |
| SPEM State Street SP PTF Em ETF | Add +2.2% | 0.30% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +4.3% | 0.50% | −0.00 |
| SCHG Schwab US Large-Cap Growth | Add +0.1% | 0.08% | −0.00 |
| FREL Fidelity MSCI RL Est Indx | Add +6.4% | 0.12% | −0.00 |
| DFSI Dimensional Int Sus COR1 ETF | Add +1.2% | 0.10% | −0.01 |
| IGF iShares Global Infrastructur | Add +6.6% | 0.46% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 0.22% | −0.01 |
| MMM 3M Co. | Add +0.1% | 0.07% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +0.8% | 0.36% | −0.01 |
| VOX Vanguard Communication Servi | Add +0.8% | 1.28% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +0.3% | 0.20% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.1% | 0.25% | −0.01 |
| IEUR iShares Core MSCI Europe ETF | Add +6.1% | 0.67% | −0.01 |
| RPG Invesco S&P 500 Pure Growth | Add +0.1% | 0.23% | −0.02 |
| VHT Vanguard Health Care ETF | Add +4.5% | 1.09% | −0.02 |
| DFIC Dimensional International Co. | Add +3.2% | 2.44% | −0.06 |
| IYK iShares US Consumer Staples | Add +0.6% | 0.87% | −0.12 |
| VFH Vanguard Financials ETF | Add +1.1% | 1.84% | −0.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 117 | $373.9M | SPYM, DFGP, VEA, IAGG, VWO |
| Q1 2026 | 107 | $338.4M | SPYM, DFGP, VEA, IAGG, VWO |
| Q4 2025 | 105 | $323.5M | SPYM, DFGP, VEA, IAGG, VGT |
| Q3 2025 | 103 | $311.6M | SPYM, DFGP, VEA, IAGG, VGT |
| Q2 2025 | 97 | $279.3M | SPYM, DFGP, VEA, IAGG, VGT |
| Q1 2025 | 91 | $237.8M | SPYM, DFGP, VEA, IAGG, VWO |
| Q4 2024 | 74 | $217.0M | SPYM, DFGP, VEA, IAGG, VGT |
| Q3 2024 | 76 | $185.2M | SPYM, VEA, IAGG, VGT, VWO |
| Q2 2024 | 73 | $168.0M | SPYM, VEA, IAGG, VGT, VWO |
| Q1 2024 | 75 | $158.3M | SPYM, VEA, IAGG, VGT, VWO |