Hanson & Doremus Investment Management
Long book
$869.2M
Q1 2026
Positions
534
Top-10 weight
56%
concentration
Last quarter
+11.4%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsHanson & Doremus Investment Management is a wealth-management firm allocating client money, running a $869.2M US long book across 534 positions.
The portfolio is concentrated: the top 10 names carry 56% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB US BROAD MARKET ETF, VANGUARD INTERMEDIATE-TERM T, VANGUARD FTSE DEVELOPED ETF, VANGUARD INT-TERM CORPORATE, VANGUARD FTSE EMERGING MARKE.
Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+5.7%
Q3 2024
-0.1%
Q4 2024
-1.1%
Q1 2025
+8.7%
Q2 2025
+7.2%
Q3 2025
+3.4%
Q4 2025
-0.4%
Q1 2026
+11.4%
Sector allocation
Technology 25%
Industrials 17%
Financials 16%
Healthcare 13%
Consumer discretionary 8%
Other 6%
Energy 5%
Utilities 4%
Long book by quarter
What does Hanson & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GLW CORNING INC | Industrials | 137.7K | $18.7M | 2.2% | +1.8% |
| MSFT MICROSOFT CORP | Technology | 47.7K | $17.7M | 2.0% | +5.9% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 33.3K | $13.0M | 1.5% | -7.3% |
| AAPL APPLE INC | Technology | 50.0K | $12.7M | 1.5% | +5.5% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 126.6K | $11.9M | 1.4% | +5.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 11.0K | $11.0M | 1.3% | +7.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 19.6K | $9.4M | 1.1% | +11.2% |
| GOOGL ALPHABET INC-CL A | Technology | 32.4K | $9.3M | 1.1% | -0.2% |
| GOOG ALPHABET INC-CL C | Technology | 28.0K | $8.0M | 0.9% | +11.5% |
| MRK MERCK & CO. INC. | Healthcare | 58.9K | $7.1M | 0.8% | +0.6% |
| V VISA INC-CLASS A SHARES | Services media | 21.8K | $6.6M | 0.8% | +6.1% |
| CB CHUBB LTD | Financials | 19.3K | $6.3M | 0.7% | +3.4% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 25.8K | $6.2M | 0.7% | +7.7% |
| TRMK TRUSTMARK CORP | Financials | 139.4K | $5.9M | 0.7% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 27.8K | $5.8M | 0.7% | +3.3% |
| CAT CATERPILLAR INC | Industrials | 7.6K | $5.4M | 0.6% | -4.3% |
| JPM JPMORGAN CHASE & CO | Financials | 18.0K | $5.3M | 0.6% | +18.4% |
| XOM EXXON MOBIL CORP | Energy | 28.7K | $4.9M | 0.6% | +9.0% |
| NI NISOURCE INC | Utilities | 100.9K | $4.7M | 0.5% | +1.6% |
| AVGO BROADCOM INC | Technology | 14.6K | $4.5M | 0.5% | +0.2% |
| CSCO CISCO SYSTEMS INC | Technology | 58.1K | $4.5M | 0.5% | +19.0% |
| MDT MEDTRONIC PLC | Healthcare | 50.3K | $4.4M | 0.5% | +8.6% |
| SLB SLB LTD | Energy | 81.5K | $4.2M | 0.5% | +4.8% |
| AMGN AMGEN INC | Healthcare | 11.2K | $3.9M | 0.5% | +1.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 15.8K | $3.9M | 0.4% | +14.6% |
| VLO VALERO ENERGY CORP | Energy | 14.3K | $3.5M | 0.4% | -1.2% |
| KO COCA-COLA CO/THE | Consumer staples | 45.6K | $3.5M | 0.4% | +19.7% |
| ABBV ABBVIE INC | Healthcare | 15.7K | $3.4M | 0.4% | -2.0% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 15.1K | $3.4M | 0.4% | -1.7% |
| BA BOEING CO/THE | Industrials | 17.0K | $3.4M | 0.4% | +8.0% |
| LLY ELI LILLY & CO | Healthcare | 3.7K | $3.4M | 0.4% | -1.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 21.6K | $3.1M | 0.4% | +12.2% |
| WMT WALMART INC | Consumer discretionary | 23.1K | $2.9M | 0.3% | +80.8% |
| TSLA TESLA INC | Industrials | 7.7K | $2.9M | 0.3% | +6076.0% |
| ABT ABBOTT LABORATORIES | Healthcare | 25.4K | $2.6M | 0.3% | +22.8% |
| YUMC YUM CHINA HOLDINGS INC | Consumer discretionary | 52.0K | $2.5M | 0.3% | -0.2% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 5.3K | $2.4M | 0.3% | +7.6% |
| IQV IQVIA HOLDINGS INC | Healthcare | 14.1K | $2.4M | 0.3% | +13.2% |
| EMR EMERSON ELECTRIC CO | Industrials | 18.2K | $2.4M | 0.3% | +82.3% |
| IOT SAMSARA INC-CL A | Technology | 74.2K | $2.4M | 0.3% | -4.8% |
| XYL XYLEM INC | Industrials | 18.8K | $2.3M | 0.3% | +32.2% |
| ATR APTARGROUP INC | Other | 17.6K | $2.2M | 0.3% | +0.7% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 3 | $2.2M | 0.2% | New |
| WM WASTE MANAGEMENT INC | Utilities | 9.1K | $2.1M | 0.2% | +283.8% |
| FSLR FIRST SOLAR INC | Technology | 10.5K | $2.1M | 0.2% | +6.1% |
| GE GENERAL ELECTRIC | Industrials | 7.1K | $2.0M | 0.2% | +43.2% |
| DUK DUKE ENERGY CORP | Utilities | 15.0K | $2.0M | 0.2% | +18.0% |
| ROP ROPER TECHNOLOGIES INC | Technology | 5.1K | $1.8M | 0.2% | -13.8% |
| MCK MCKESSON CORP | Consumer discretionary | 2.0K | $1.7M | 0.2% | -10.2% |
| PCOR PROCORE TECHNOLOGIES INC | Technology | 30.1K | $1.7M | 0.2% | -2.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 17, 2026 | 534 | $869.2M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 20, 2026 | 484 | $831.9M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 15, 2025 | 500 | $794.4M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 474 | $747.6M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 17, 2025 | 467 | $684.6M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 454 | $650.45B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 17, 2024 | 423 | $629.50B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 455 | $606.58B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 22, 2024 | 472 | $580.4M | $K fixed canonical | SEC ↗ |