Penobscot Wealth Management

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Penobscot Wealth Management reported 105 stock positions worth $323.5 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 19.3% of the portfolio, followed by Dimensional GLBL Core PL Fix (DFGP, 14.4%) and Vanguard Ftse Developed ETF (VEA, 11.5%). Compared with Q3 2025, it opened 5 new positions, sold out of 3, added to 68 and reduced 22. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +2%) and the biggest sale an exit from iShares 0-5 YR HY Corp. Bond (SHYG).

Most Recent 13F
Q2 2026
Location
PORTLAND, ME
CIK
0001875768
Portfolio Value
$323.5M (Q4 2025)
SEC Filing
0002063364-26-000073 ↗ filed Feb 12, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $158.3M Q1 2024 Q2 2024: $168.0M Q2 2024 Q3 2024: $185.2M Q3 2024 Q4 2024: $217.0M Q4 2024 Q1 2025: $237.8M Q1 2025 Q2 2025: $279.3M Q2 2025 Q3 2025: $311.6M Q3 2025 Q4 2025: $323.5M $323.5M Q4 2025 Q1 2026: $338.4M Q1 2026 Q2 2026: $373.9M Q2 2026

Holdings 105 stocks · $323.5M
SPYM Ste STR SPDR PT S&P 500 ETF 19.31% 778,986 $62.5M Add +2.3%
DFGP Dimensional GLBL Core PL Fix 14.36% 858,974 $46.4M Add +6.4%
VEA Vanguard Ftse Developed ETF 11.46% 593,408 $37.1M Add +2.3%
IAGG iShares Intl Aggregate Bond 4.49% 290,261 $14.5M Add +6.3%
VGT Vanguard Info Tech ETF 3.81% 16,367 $12.3M Add +0.6%
VWO Vanguard Ftse Emerging Marke 3.58% 215,513 $11.6M Add +3.3%
JGRO JPMorgan Active Growth ETF 2.91% 101,389 $9.4M Add +4.7%
STIP iShares 0-5 Year Tips Bond E 2.68% 84,703 $8.7M Add +4.6%
DFIC Dimensional International Co. 2.52% 236,787 $8.2M Add +2.0%
VFH Vanguard Financials ETF 1.86% 45,192 $6.0M Add +3.7%
VOO Vanguard S&P 500 ETF 1.48% 7,661 $4.8M Add +0.4%
GLDM SPDR Gold Minishares Trust 1.44% 54,638 $4.7M Reduce -5.4%
DFAE Dimensional Emerging Core Eq 1.40% 138,947 $4.5M Add +9.3%
SPYV SS SPDR P S&P 500 Value ETF 1.32% 75,344 $4.3M Add +1.5%
VOX Vanguard Communication Servi 1.31% 21,835 $4.2M Add +2.6%
VHT Vanguard Health Care ETF 1.13% 12,681 $3.7M Reduce -3.2%
SCHX Schwab US Large-Cap ETF 1.12% 134,459 $3.6M Reduce -1.4%
XMHQ Invesco S&P Midcap Qual ETF 1.10% 34,729 $3.6M Add +3.0%
FDIS Fidelity MSCI Cons Discr Ind 1.09% 34,489 $3.5M Add +3.5%
IXUS iShares Core Intl Stock ETF 0.97% 37,191 $3.1M Add +0.4%
AAPL Apple Inc. 0.97% 11,531 $3.1M Add +0.5%
FIDU Fidelity MSCI Indust Indx 0.90% 35,406 $2.9M Add +2.3%
IYK iShares US Consumer Staples 0.80% 38,559 $2.6M Reduce -2.2%
EWJ iShares MSCI Japan ETF 0.78% 31,315 $2.5M Add +2.5%
COWZ Pacer US Cash Cows 100 ETF 0.76% 40,634 $2.4M Add +0.3%
IEUR iShares Core MSCI Europe ETF 0.69% 31,426 $2.2M Add +1.9%
VNQ Vanguard Real Estate ETF 0.63% 22,878 $2.0M Add +5.7%
ICLN iShares Global Clean Energy 0.53% 104,914 $1.7M Reduce -4.6%
KOMP SS SPDR S&P Kensho Ne Comp 0.49% 26,600 $1.6M Add +1.5%
XLK SS Technology Select Sector 0.49% 10,928 $1.6M Add +7.0%
IDXX Idexx Laboratories Inc. 0.48% 2,307 $1.6M Reduce -1.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.48% 36,243 $1.5M Add +0.7%
NVDA Nvidia Corp. 0.45% 7,875 $1.5M Add +23.9%
IGF iShares Global Infrastructur 0.45% 23,790 $1.5M Add +1.6%
ITOT iShares Core S&P Total U.S. 0.45% 9,704 $1.4M Add +0.3%
MSFT Microsoft Corp. 0.41% 2,769 $1.3M Add +3.4%
XLF SS Financial Select Sector 0.40% 23,538 $1.3M Add +3.9%
CALF PCR US SM CP CSH CWS ETF-Usd 0.38% 27,513 $1.2M Add +1.3%
IEFA iShares Core MSCI Eafe ETF 0.36% 12,994 $1.2M Add +1.1%
SPTM SS SPDR P S&P 1500 Comp ETF 0.36% 14,072 $1.2M Add +0.1%
ESGV Vanguard ESG US Stock ETF 0.32% 8,646 $1.0M Add +3.3%
IWB iShares Russell 1000 ETF 0.32% 2,800 $1.0M No change
SPEM State Street SP PTF Em ETF 0.32% 22,067 $1.0M Add +8.9%
SPDW Ste STR SPDR PT DW Eu ETF 0.31% 22,868 $1.0M Add +9.6%
IYW iShares Ustechnology ETF 0.31% 5,045 $1.0M Reduce -0.7%
VDC Vanguard Consumer Staple ETF 0.31% 4,708 $995K Add +29.2%
ESGD iShares Trust iShares ESG Aw 0.31% 10,400 $989K Add +3.4%
BND Vanguard Total Bond Market 0.28% 12,131 $899K Reduce -22.9%
IWM iShares Russell 2000 ETF 0.26% 3,378 $832K Add +5.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.25% 4,205 $803K Reduce -0.5%
FMAT Fidelity MSCI Materials Indx 0.23% 14,081 $748K Add +4.1%
SPSM SS SPDR P S&P 600 Small Cap 0.22% 14,866 $697K Reduce -2.3%
RPG Invesco S&P 500 Pure Growth 0.21% 14,865 $694K Add +0.0%
VTI VG Morningstar TS MKT ETF-US 0.21% 2,044 $685K Reduce -0.2%
XLC SS Comm Select Sector SPDR 0.21% 5,640 $664K Add +3.9%
AMZN Amazon.com Inc. 0.20% 2,813 $649K Add +4.1%
RSP Invesco S&P 500 Equal Weight 0.19% 3,249 $622K Add +0.3%
VB Vanguard Most SM-Cap ETF-Usd 0.18% 2,300 $593K Add +0.3%
MRK Merck & Co. Inc. 0.18% 5,425 $571K Add +0.1%
XLV SS Health Care Select Sector 0.17% 3,652 $565K Reduce -0.9%
GLD SPDR Gold Shares 0.16% 1,344 $533K Reduce -1.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.16% 1,047 $511K No change
IJS iShares S&P Small-Cap 600 Va 0.15% 4,340 $494K Reduce -0.0%
DFUS Dimensional US Eq MKT ETF 0.15% 6,519 $484K No change
JPM JPMorgan Chase & Co. 0.14% 1,365 $440K Add +0.2%
UNH Unitedhealth Group Inc. 0.13% 1,247 $412K Reduce -1.8%
CAT Caterpillar Inc. 0.13% 706 $404K Add +0.1%
NULV Nuveen ESG Large-Cap Val ETF 0.12% 8,911 $401K Add +3.1%
GOOGL Alphabet Inc. Class A 0.12% 1,272 $398K Reduce -1.5%
PG The Procter & Gamble Co. 0.12% 2,733 $392K Add +0.1%
IYY iShares Dow Jones U.S. ETF 0.12% 2,308 $383K No change
ESGE iShares Inc. iShares ESG Awar 0.11% 8,366 $370K Add +2.5%
IEMG iShares Core MSCI Emerging 0.11% 5,458 $367K Add +1.5%
IJR iShares Core S&P Small-Cap E 0.11% 3,013 $362K Reduce -0.8%
VXUS Vanguard Total Intl Stock 0.11% 4,712 $355K Add +23.0%
XLY SS Consumer Disc Select Sect 0.11% 2,938 $351K No change
FREL Fidelity MSCI RL Est Indx 0.11% 12,856 $346K Reduce -8.1%
USXF iShares ESG Advance MSCI USA 0.11% 5,955 $343K Add +3.5%
FSLR First Solar Inc. 0.11% 1,310 $342K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.10% 1,167 $339K Add +0.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.10% 1,576 $334K Add +2.3%
DFSI Dimensional Int Sus COR1 ETF 0.10% 7,749 $332K Add +1.8%
GOOG Alphabet Inc. Class C 0.09% 976 $306K Add +16.8%
COST Costco Wholesale Corp. 0.09% 345 $297K Reduce -1.1%
BNDX Vanguard Total Intl Bond ETF 0.09% 5,867 $283K Add +3.1%
META Meta Platforms Inc. Class A 0.09% 425 $281K No change
TMO Thermo Fisher Scientific Inc. 0.08% 449 $260K Add +5.7%
GE General Electric filed as GE AEROSPACE 0.08% 832 $256K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.08% 850 $252K No change
SCHG Schwab US Large-Cap Growth 0.08% 7,663 $250K Add +0.1%
SHYD Vaneck SH Hi YLD Muni 0.08% 10,780 $247K New
VTEB Vanguard Tax-Exempt Bond ETF 0.08% 4,845 $244K Reduce -43.2%
SCHV Schwab US Large-Cap Value 0.07% 8,187 $242K Add +0.6%
PEP Pepsico Inc. 0.07% 1,681 $241K No change
MMM 3M Co. 0.07% 1,452 $233K Add +0.1%
DFSU Dimensional US Sus CORE1 ETF 0.07% 5,302 $230K Reduce -3.1%
VGK Vanguard Ftse Europe ETF 0.07% 2,706 $226K Add +1.0%
FUTY Fidelity MSCI US Utilities 0.07% 4,047 $223K Add +1.4%
VIGI Vanguard Int Div App Indx FD 0.07% 2,442 $223K Add +0.2%
ETN Eaton Corp. PLC 0.07% 700 $223K Reduce -20.7%

Show all 105 holdings

Portfolio Sells Q3 2025 → Q4 2025
SHYG iShares 0-5 YR HY Corp. Bond Sold out 0.00% −0.40
EMB iShares JP Morgan Usd Emergi Sold out 0.00% −0.23
BND Vanguard Total Bond Market Reduce -22.9% 0.28% −0.10
IYK iShares US Consumer Staples Reduce -2.2% 0.80% −0.07
PXH Inves Rafi Emer MRKT-Usd Inc. Sold out 0.00% −0.07
VTEB Vanguard Tax-Exempt Bond ETF Reduce -43.2% 0.08% −0.06
ETN Eaton Corp. PLC Reduce -20.7% 0.07% −0.04
SCHX Schwab US Large-Cap ETF Reduce -1.4% 1.12% −0.04
FREL Fidelity MSCI RL Est Indx Reduce -8.1% 0.11% −0.02
ICLN iShares Global Clean Energy Reduce -4.6% 0.53% −0.01
UNH Unitedhealth Group Inc. Reduce -1.8% 0.13% −0.01
COST Costco Wholesale Corp. Reduce -1.1% 0.09% −0.01
SPSM SS SPDR P S&P 600 Small Cap Reduce -2.3% 0.22% −0.01
IYW iShares Ustechnology ETF Reduce -0.7% 0.31% −0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.5% 0.25% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -0.2% 0.21% −0.00
IJR iShares Core S&P Small-Cap E Reduce -0.8% 0.11% −0.00
DFSU Dimensional US Sus CORE1 ETF Reduce -3.1% 0.07% −0.00
IJS iShares S&P Small-Cap 600 Va Reduce -0.0% 0.15% −0.00
IDXX Idexx Laboratories Inc. Reduce -1.3% 0.48% +0.00
GLD SPDR Gold Shares Reduce -1.5% 0.16% +0.01
XLV SS Health Care Select Sector Reduce -0.9% 0.17% +0.01
GOOGL Alphabet Inc. Class A Reduce -1.5% 0.12% +0.02
GLDM SPDR Gold Minishares Trust Reduce -5.4% 1.44% +0.02
VHT Vanguard Health Care ETF Reduce -3.2% 1.13% +0.04

Portfolio Buys Q3 2025 → Q4 2025
VEA Vanguard Ftse Developed ETF Add +2.3% 11.46% +0.31
SPYM Ste STR SPDR PT S&P 500 ETF Add +2.3% 19.31% +0.16
DFAE Dimensional Emerging Core Eq Add +9.3% 1.40% +0.11
DFIC Dimensional International Co. Add +2.0% 2.52% +0.08
SHYD Vaneck SH Hi YLD Muni New 0.08% +0.08
NVDA Nvidia Corp. Add +23.9% 0.45% +0.07
IWF iShares Russell 1000 Growth New 0.07% +0.07
JNJ Johnson & Johnson New 0.07% +0.07
V Visa Inc. Class A New 0.06% +0.06
IVV iShares Core S&P 500 ETF New 0.06% +0.06
VDC Vanguard Consumer Staple ETF Add +29.2% 0.31% +0.06
AAPL Apple Inc. Add +0.5% 0.97% +0.03
MRK Merck & Co. Inc. Add +0.1% 0.18% +0.03
GOOG Alphabet Inc. Class C Add +16.8% 0.09% +0.03
VFH Vanguard Financials ETF Add +3.7% 1.86% +0.03
SPDW Ste STR SPDR PT DW Eu ETF Add +9.6% 0.31% +0.03
VOX Vanguard Communication Servi Add +2.6% 1.31% +0.03
XLK SS Technology Select Sector Add +7.0% 0.49% +0.02
VXUS Vanguard Total Intl Stock Add +23.0% 0.11% +0.02
CAT Caterpillar Inc. Add +0.1% 0.13% +0.02
IEUR iShares Core MSCI Europe ETF Add +1.9% 0.69% +0.02
SPEM State Street SP PTF Em ETF Add +8.9% 0.32% +0.01
TMO Thermo Fisher Scientific Inc. Add +5.7% 0.08% +0.01
AMZN Amazon.com Inc. Add +4.1% 0.20% +0.01
COWZ Pacer US Cash Cows 100 ETF Add +0.3% 0.76% +0.01
IWM iShares Russell 2000 ETF Add +5.5% 0.26% +0.01
XLF SS Financial Select Sector Add +3.9% 0.40% +0.01
ESGD iShares Trust iShares ESG Aw Add +3.4% 0.31% +0.01
ESGV Vanguard ESG US Stock ETF Add +3.3% 0.32% +0.01
SPYV SS SPDR P S&P 500 Value ETF Add +1.5% 1.32% +0.00
FMAT Fidelity MSCI Materials Indx Add +4.1% 0.23% +0.00
DFSI Dimensional Int Sus COR1 ETF Add +1.8% 0.10% +0.00
NULV Nuveen ESG Large-Cap Val ETF Add +3.1% 0.12% +0.00
VGK Vanguard Ftse Europe ETF Add +1.0% 0.07% +0.00
ESGE iShares Inc. iShares ESG Awar Add +2.5% 0.11% +0.00
VCR Vanguard Consumer Discre ETF Add +4.9% 0.07% +0.00
USXF iShares ESG Advance MSCI USA Add +3.5% 0.11% +0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Add +2.3% 0.10% −0.00
IEMG iShares Core MSCI Emerging Add +1.5% 0.11% −0.00
MMM 3M Co. Add +0.1% 0.07% −0.00
IEFA iShares Core MSCI Eafe ETF Add +1.1% 0.36% −0.00
VIGI Vanguard Int Div App Indx FD Add +0.2% 0.07% −0.00
SCHG Schwab US Large-Cap Growth Add +0.1% 0.08% −0.00
SCHV Schwab US Large-Cap Value Add +0.6% 0.07% −0.00
XLC SS Comm Select Sector SPDR Add +3.9% 0.21% −0.00
JPM JPMorgan Chase & Co. Add +0.2% 0.14% −0.00
IAGG iShares Intl Aggregate Bond Add +6.3% 4.49% −0.00
BNDX Vanguard Total Intl Bond ETF Add +3.1% 0.09% −0.00
FUTY Fidelity MSCI US Utilities Add +1.4% 0.07% −0.00
VB Vanguard Most SM-Cap ETF-Usd Add +0.3% 0.18% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 117$373.9MSPYM, DFGP, VEA, IAGG, VWO
Q1 2026 107$338.4MSPYM, DFGP, VEA, IAGG, VWO
Q4 2025 105$323.5MSPYM, DFGP, VEA, IAGG, VGT
Q3 2025 103$311.6MSPYM, DFGP, VEA, IAGG, VGT
Q2 2025 97$279.3MSPYM, DFGP, VEA, IAGG, VGT
Q1 2025 91$237.8MSPYM, DFGP, VEA, IAGG, VWO
Q4 2024 74$217.0MSPYM, DFGP, VEA, IAGG, VGT
Q3 2024 76$185.2MSPYM, VEA, IAGG, VGT, VWO
Q2 2024 73$168.0MSPYM, VEA, IAGG, VGT, VWO
Q1 2024 75$158.3MSPYM, VEA, IAGG, VGT, VWO