MEANS INVESTMENT CO., INC.
Long book
$1.15B
Q1 2026
Positions
192
Top-10 weight
61%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsMEANS INVESTMENT CO., INC. is a wealth-management firm allocating client money, running a $1.15B US long book across 192 positions.
The portfolio is concentrated: the top 10 names carry 61% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, VANGUARD FTSE ALL-WORLD EX-U, INVESCO S&P 500 TOP 50 ETF, APPLE INC, NVIDIA CORP.
Over the last 9 quarters its long book ran on average 0pp per quarter behind the S&P 500, beating the index in 4 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
+5.0%
Q2 2024
+5.1%
Q3 2024
+3.1%
Q4 2024
-3.8%
Q1 2025
+10.7%
Q2 2025
+9.4%
Q3 2025
+2.6%
Q4 2025
-4.9%
Q1 2026
+13.0%
Sector allocation
Technology 51%
Financials 14%
Consumer discretionary 12%
Industrials 7%
Healthcare 5%
Energy 3%
Services media 3%
Consumer staples 2%
Long book by quarter
What does MEANS INVESTMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 297.1K | $75.4M | 6.6% | -0.5% |
| NVDA NVIDIA CORP | Technology | 261.7K | $45.6M | 4.0% | -0.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 191.8K | $39.9M | 3.5% | +1.2% |
| MSFT MICROSOFT CORP | Technology | 104.6K | $38.7M | 3.4% | +2.9% |
| GOOG ALPHABET INC-CL C | Technology | 85.9K | $24.6M | 2.2% | -0.3% |
| JPM JPMORGAN CHASE & CO | Financials | 65.2K | $19.2M | 1.7% | +3.0% |
| META META PLATFORMS INC-CLASS A | Technology | 31.7K | $18.1M | 1.6% | +1.0% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 84.3K | $12.3M | 1.1% | -0.3% |
| LRCX LAM RESEARCH CORP | Industrials | 56.6K | $12.1M | 1.1% | -3.1% |
| TSLA TESLA INC | Industrials | 27.3K | $10.1M | 0.9% | +2.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 20.5K | $9.8M | 0.9% | -0.4% |
| CVX CHEVRON CORP | Energy | 41.0K | $8.5M | 0.7% | +5.8% |
| WRB WR BERKLEY CORP | Financials | 126.3K | $8.4M | 0.7% | -0.1% |
| AVGO BROADCOM INC | Technology | 26.4K | $8.2M | 0.7% | +2.3% |
| BAC BANK OF AMERICA CORP | Financials | 116.7K | $5.7M | 0.5% | -1.6% |
| WMT WALMART INC | Consumer discretionary | 44.6K | $5.5M | 0.5% | -5.7% |
| V VISA INC-CLASS A SHARES | Services media | 18.3K | $5.5M | 0.5% | +1.6% |
| GOOGL ALPHABET INC-CL A | Technology | 18.8K | $5.4M | 0.5% | +0.8% |
| XOM EXXON MOBIL CORP | Energy | 31.7K | $5.4M | 0.5% | -3.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 21.7K | $5.3M | 0.5% | -0.8% |
| ABBV ABBVIE INC | Healthcare | 23.4K | $5.1M | 0.4% | -2.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 30.6K | $5.1M | 0.4% | -2.4% |
| ORCL ORACLE CORP | Technology | 34.0K | $5.0M | 0.4% | +1.3% |
| LLY ELI LILLY & CO | Healthcare | 4.6K | $4.2M | 0.4% | -1.9% |
| PG PROCTER & GAMBLE CO/THE | Other | 26.5K | $3.8M | 0.3% | +16.9% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 39.9K | $3.8M | 0.3% | -1.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 4.3K | $3.6M | 0.3% | -2.1% |
| TJX TJX COMPANIES INC | Consumer discretionary | 21.3K | $3.4M | 0.3% | -0.9% |
| MRK MERCK & CO. INC. | Healthcare | 28.0K | $3.4M | 0.3% | -3.4% |
| NFLX NETFLIX INC | Services media | 32.5K | $3.1M | 0.3% | +4.0% |
| RTX RTX CORP | Industrials | 16.2K | $3.1M | 0.3% | +8.4% |
| UBER UBER TECHNOLOGIES INC | Services media | 42.1K | $3.0M | 0.3% | +1.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 28.1K | $2.9M | 0.3% | -0.6% |
| CRM SALESFORCE INC | Technology | 15.1K | $2.8M | 0.2% | -4.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 9.0K | $2.8M | 0.2% | -1.5% |
| MA MASTERCARD INC - A | Services media | 4.3K | $2.1M | 0.2% | +4.2% |
| CAC CAMDEN NATIONAL CORP | Financials | 42.9K | $2.0M | 0.2% | -1.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 8.2K | $2.0M | 0.2% | +9.8% |
| BX BLACKSTONE INC | Financials | 16.9K | $1.9M | 0.2% | +0.8% |
| CCJ CAMECO CORP | Materials | 17.0K | $1.8M | 0.2% | +1.9% |
| NEE NEXTERA ENERGY INC | Utilities | 19.3K | $1.8M | 0.2% | +2.7% |
| MO ALTRIA GROUP INC | Consumer staples | 26.8K | $1.8M | 0.2% | 0.0% |
| NUE NUCOR CORP | Industrials | 9.7K | $1.6M | 0.1% | 0.0% |
| PEP PEPSICO INC | Consumer staples | 10.3K | $1.6M | 0.1% | -3.6% |
| CSCO CISCO SYSTEMS INC | Technology | 19.9K | $1.5M | 0.1% | +0.4% |
| SHOP SHOPIFY INC - CLASS A | Technology | 12.8K | $1.5M | 0.1% | -3.2% |
| HD HOME DEPOT INC | Consumer discretionary | 4.6K | $1.5M | 0.1% | -2.1% |
| CAT CATERPILLAR INC | Industrials | 2.1K | $1.5M | 0.1% | -1.1% |
| MTB M & T BANK CORP | Financials | 7.1K | $1.5M | 0.1% | -3.6% |
| SBUX STARBUCKS CORP | Consumer discretionary | 16.0K | $1.4M | 0.1% | -4.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 24, 2026 | 215 | $1.15B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 26, 2026 | 191 | $1.19B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 190 | $1.16B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 195 | $1.06B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 21, 2025 | 192 | $941.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 206 | $960.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 18, 2024 | 205 | $900.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 19, 2024 | 191 | $836.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 17, 2024 | 197 | $773.1M | canonical | SEC ↗ |