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Hanson & Doremus Investment Management — 13F Holdings & Portfolio

CIK 1393944 · latest 13F-HR filed 2026-10-16

Backtest portfolio

Hanson & Doremus Investment Management manages $981.7M in 13F-reported U.S. long-equity assets across 493 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SCHB (21.29%), VGIT (7.66%), VEA (5.65%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 32 new positions and exited 23; 107 existing positions rose in reported value and 194 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$981.7M

Long-equity book

Holdings
493

Distinct positions

Period
2026-09-30

Filed 2026-10-16

Q/Q Activity
+32 / −23 / ↑107 / ↓194

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
SCHB21.3% · +1%VGIT7.7% · +3%VEA5.6% · +3%VCIT5.5% · +5%TSM3.3% · -5%VWO3.2% · +4%ESGV3.1% · -1%STX2.8% · -5%MSFT2.5% · +2%GLW2.0% · -1%VSGX2.0% · -0%SCHF1.7% · -0%AAPL1.7% · +5%VCEB1.4% · +3%VTEB1.3% · +7%SCHW1.2% · +0%GOOGL1.1% · -2%BRK.B1.0% · -0%COST1.0% · +1%GOOG0.9% · +2%MRK0.8% · -3%V0.8% · +1%AMZN0.7% · +14%IWD0.6% · 0%IBM0.6% · +14%TRMK0.6% · 0%JPM0.6% · +5%VTES0.6% · +1423%CAT0.6% · -0%CB0.6% · -2%CSCO0.6% · -0%VLO0.6% · -2%VTI0.5% · -1%AVGO0.5% · -5%AMGN0.5% · 0%IQV0.4% · +2%XOM0.4% · -1%JNJ0.4% · -4%MDT0.4% · -2%ABBV0.4% · -6%LLY0.4% · -8%IVE0.4% · 0%NI0.4% · +0%SLB0.4% · -3%KO0.4% · -1%GLD0.3% · +4%MUNI0.3% · +0%BA0.3% · +1%PG0.3% · -1%IOT0.3% · +1%WM0.3% · +7%IVW0.3% · 0%EMR0.3% · -1%VUG0.3% · -1%XYL0.3% · +14%VOO0.2% · -0%ABT0.2% · -6%IVV0.2% · 0%GDX0.2% · 0%ISRG0.2% · -2%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 56.9%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Sep 28, 2026.

Assets Under Management
$1.06B
Discretionary
$1.06B
Employees
14
Accounts
1,557
Address
431 PINE STREET
SUITE 302
BURLINGTON, VT 05401
Phone
(802) 658-2668
Website
Mailing Address
P.O. BOX 819, BURLINGTON, VT, 05402-0819
Name Title / Status Ownership Type
EKLOF, ERIC, SVEN ControlMANAGING PARTNER/PRESIDENT
since Aug 2025
25–50%Individual
Ford, Elisabeth, Anna ControlCHIEF COMPLIANCE OFFICER
since Jan 2025
Less than 5%Individual
WRIGHT, ARTHUR, PIPIT ControlVICE PRESIDENT
since Aug 2025
25–50%Individual
Watson, Alexander, Alfred ControlSECRETARY/TREASURER
since Aug 2025
5–10%Individual
Ownership & leadership changes · 13 filings with changes since Mar 22, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Apr 10, 2026 filing
  • ChangedWatson, Alexander, Alfred · now a control person
Aug 13, 2025 filing
  • No longer listedWON, JULIE, ANNE · MANAGING PARTNER/PRESIDENT · 25–50% · control person · listed since Jan 2021
  • ChangedEKLOF, ERIC, SVEN · title PARTNER & VICE PRESIDENT → MANAGING PARTNER/PRESIDENT
  • ChangedWRIGHT, ARTHUR, PIPIT · title PARTNER, TREASURER → VICE PRESIDENT
  • ChangedWatson, Alexander, Alfred · title PARTNER → SECRETARY/TREASURER
Jan 2, 2025 filing
  • AddedFord, Elisabeth, Anna · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedEKLOF, ERIC, SVEN · title PARTNER, CHIEF COMPLIANCE OFFICER, & VICE PRESIDENT → PARTNER & VICE PRESIDENT
Apr 26, 2024 filing
  • AddedWatson, Alexander, Alfred · PARTNER · 5–10%
Mar 10, 2021 filing
  • No longer listedDOREMUS, ANNE, WILLIAMS · MANAGING PARTNER / CHIEF EXECUTIVE OFFICER · 10–25% · control person · listed since Oct 2013
  • No longer listedHANSON, ERIC, HALDORE · PARTNER · 50–75% · control person · listed since Oct 2013
  • ChangedEKLOF, ERIC, SVEN · title PARTNER, CHIEF COMPLIANCE OFFICER, & HEAD OF OPERATIONS → PARTNER, CHIEF COMPLIANCE OFFICER, & VICE PRESIDENT; ownership Less than 5% → 25–50%
  • ChangedWON, JULIE, ANNE · title PARTNER → MANAGING PARTNER/PRESIDENT; ownership 5–10% → 25–50%
  • ChangedWRIGHT, ARTHUR, PIPIT · title PARTNER → PARTNER, TREASURER; ownership Less than 5% → 25–50%
Sep 11, 2019 filing
  • AddedWRIGHT, ARTHUR, PIPIT · PARTNER · Less than 5% · control person
  • ChangedEKLOF, ERIC, SVEN · ownership 5–10% → Less than 5%
  • ChangedWON, JULIE, ANNE · ownership 10–25% → 5–10%
Mar 22, 2019 filing
  • ChangedDOREMUS, ANNE, WILLIAMS · title PARTNER → MANAGING PARTNER / CHIEF EXECUTIVE OFFICER
  • ChangedHANSON, ERIC, HALDORE · title PARTNER/ CHIEF EXECUTIVE OFFICER → PARTNER
Mar 29, 2018 filing
  • ChangedEKLOF, ERIC, SVEN · title PARTNER & HEAD OF OPERATIONS → PARTNER, CHIEF COMPLIANCE OFFICER, & HEAD OF OPERATIONS
  • ChangedHANSON, ERIC, HALDORE · title PARTNER/ CHIEF EXECUTIVE OFFICER/ CHIEF COMPLIANCE OFFICER → PARTNER/ CHIEF EXECUTIVE OFFICER
Mar 23, 2017 filing
  • AddedEKLOF, ERIC, SVEN · PARTNER & HEAD OF OPERATIONS · 5–10% · control person
Aug 10, 2016 filing
  • ChangedHANSON, ERIC, HALDORE · title PARTNER/CHIEF COMPLIANCE OFFICER → PARTNER/ CHIEF EXECUTIVE OFFICER/ CHIEF COMPLIANCE OFFICER
Older changes (4 more filings)
Oct 20, 2014 filing
  • ChangedHANSON, ERIC, HALDORE · ownership 75% or more → 50–75%
  • ChangedWON, JULIE, ANNE · ownership Less than 5% → 10–25%
Oct 8, 2013 filing
  • AddedWON, JULIE, ANNE · PARTNER · Less than 5% · control person
  • ChangedDOREMUS, ANNE, WILLIAMS · title VICE PRESIDENT → PARTNER
  • ChangedHANSON, ERIC, HALDORE · title PRESIDENT/CHIEF COMPLIANCE OFFICER → PARTNER/CHIEF COMPLIANCE OFFICER
Mar 18, 2013 filing
  • ChangedDOREMUS, ANNE, WILLIAMS · now a control person
Mar 22, 2012 filing (earliest on record)
  • ListedDOREMUS, ANNE, WILLIAMS · VICE PRESIDENT · 10–25%
  • ListedHANSON, ERIC, HALDORE · PRESIDENT/CHIEF COMPLIANCE OFFICER · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Hanson & Doremus Investment Management Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 Schwab U.S. Broad Market ETF SCHB 808524102 $209.0M 21.29% 7,130,203 SH
2 Vanguard Intermediate Treasury ETF VGIT 92206C706 $75.2M 7.66% 1,326,479 SH
3 Vanguard Developed Market ETF VEA 921943858 $55.4M 5.65% 785,092 SH
4 Vanguard Intermediate Corporate ETF VCIT 92206C870 $54.2M 5.52% 692,004 SH
5 Taiwan Semiconductor ADR TSM 874039100 $31.9M 3.25% 69,999 SH
6 Vanguard Emerging Market ETF VWO 922042858 $31.2M 3.18% 525,635 SH
7 Vanguard ESG US Stock ETF ESGV 921910733 $30.6M 3.12% 226,014 SH
8 Seagate Technology PLC STX G7997R103 $27.6M 2.81% 29,885 SH
9 Microsoft MSFT 594918104 $24.1M 2.46% 47,053 SH
10 Corning GLW 219350105 $19.4M 1.98% 126,266 SH
11 Vanguard ESG International Stock ETF VSGX 921910725 $19.3M 1.97% 238,004 SH
12 Schwab Int'l Equity ETF SCHF 808524805 $17.0M 1.73% 617,988 SH
13 Apple Inc. AAPL 037833100 $16.3M 1.66% 48,989 SH
14 Vanguard ESG US Corporate Bond ETF VCEB 921910691 $13.7M 1.39% 229,786 SH
15 Vanguard Tax-Exempt Bond ETF VTEB 922907746 $12.4M 1.26% 261,567 SH
16 The Charles Schwab Corp. SCHW 808513105 $12.0M 1.23% 123,111 SH
17 Alphabet, Inc. Cl A GOOGL 02079K305 $10.5M 1.07% 30,494 SH
18 Berkshire Hathaway Cl B BRK.B 084670702 $9.6M 0.98% 19,281 SH
19 Costco COST 22160K105 $9.3M 0.95% 10,263 SH
20 Alphabet, Inc Cl C GOOG 02079K107 $9.2M 0.94% 26,950 SH
21 Merck MRK 58933Y105 $7.9M 0.81% 54,444 SH
22 Visa Inc V 92826C839 $7.9M 0.80% 21,916 SH
23 Amazon.Com AMZN 023135106 $7.2M 0.73% 28,944 SH
24 iShares Russell 1000 Val ETF IWD 464287598 $6.4M 0.65% 25,718 SH
25 IBM Corp. IBM 459200101 $6.4M 0.65% 28,913 SH
26 Trustmark Corp. TRMK 898402102 $6.2M 0.64% 139,397 SH
27 JP Morgan Chase & Co JPM 46625H100 $6.2M 0.63% 18,708 SH
28 Vanguard Short-Term Tax-Exmpt Bd ETF VTES 921935870 $6.1M 0.62% 61,684 SH
29 Caterpillar CAT 149123101 $6.1M 0.62% 7,487 SH
30 Chubb Limited CB H1467J104 $6.0M 0.61% 18,463 SH
31 Cisco Systems, Inc. CSCO 17275R102 $5.8M 0.59% 53,610 SH
32 Valero Energy VLO 91913Y100 $5.4M 0.55% 13,979 SH
33 Vanguard Total Stk Mkt ETF VTI 922908769 $5.3M 0.54% 14,273 SH
34 Broadcom Ltd AVGO 11135F101 $5.1M 0.52% 14,617 SH
35 Amgen Incorporated AMGN 031162100 $4.6M 0.47% 10,917 SH
36 IQVIA Holdings Inc. IQV 46266C105 $4.2M 0.43% 15,699 SH
37 Exxon Mobil Corporation XOM 30231G102 $4.2M 0.43% 25,870 SH
38 Johnson & Johnson JNJ 478160104 $4.1M 0.42% 15,603 SH
39 Medtronic Inc. MDT G5960L103 $4.1M 0.42% 47,736 SH
40 AbbVie Inc. ABBV 00287Y109 $4.1M 0.41% 15,555 SH
41 Eli Lilly & Co. LLY 532457108 $3.9M 0.40% 3,371 SH
42 iShares S&P 500 Value Indx ETF IVE 464287408 $3.9M 0.40% 17,050 SH
43 Nisource Inc. NI 65473P105 $3.8M 0.39% 98,200 SH
44 Schlumberger Limited SLB 806857108 $3.8M 0.39% 78,180 SH
45 Coca-Cola Co KO 191216100 $3.8M 0.38% 43,902 SH
46 SPDR Gold Trust ETF GLD 78463V107 $3.4M 0.34% 8,859 SH
47 PIMCO Intermediate Muni Bond ETF MUNI 72201R866 $3.2M 0.32% 63,867 SH
48 Boeing Co. BA 097023105 $3.1M 0.31% 16,557 SH
49 Procter & Gamble PG 742718109 $3.0M 0.31% 20,966 SH
50 Samsara Inc. IOT 79589L106 $2.8M 0.29% 73,543 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-16 $981.7M 493 0001393944-26-000006
2026-06-30 2026-07-29 $982.7M 484 0001393944-26-000003
2026-03-31 2026-04-17 $869.2M 534 0001393944-26-000002
2025-12-31 2026-01-20 $831.9M 484 0001393944-26-000001
Filer Information
Address
431 PINE STREET, SUITE 302
PO BOX 819
BURLINGTON, VT 05402-0819
Phone
(802) 658-2668
Filing Manager
Hanson & Doremus Investment Management
BURLINGTON, VT
Signatory
Jordan D Lafayette
Head of Operations