FIRST NATIONAL CORP /MA/ /ADV — 13F Holdings & Portfolio
CIK 816192 · latest 13F-HR filed 2025-10-28
FIRST NATIONAL CORP /MA/ /ADV manages $527.5M in 13F-reported U.S. long-equity assets across 174 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are SPY (6.50%), USFR (4.92%), SCHB (4.80%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 21 new positions, exited 10, added to 84, and trimmed 33.
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.
$527.5M
Long-equity book
174
Distinct positions
2025-09-30
Filed 2025-10-28
+21 / −10 / ↑84 / ↓33
vs 2025-06-30
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- PROSHARES TR$3.1M +33.2%
- APPLE INC$2.9M +22.8%
- SPDR S&P 500 ETF TR$2.4M +7.7%
- SCHWAB STRATEGIC TR$2.0M +8.4%
- SCHWAB STRATEGIC TR$2.0M +13.4%
Top Trims
- PROSHARES TR-$2.5M -20.0%
- INVESCO EXCH TRADED FD TR II-$2.4M -45.5%
- COSTCO WHSL CORP NEW-$1.0M -29.0%
- VISA INC-$774.8K -55.6%
- PROSHARES TR-$668.7K -10.7%
New Positions
- J P MORGAN EXCHANGE TRADED F$923.6K
- ISHARES TR$490.7K
- ISHARES TR$433.2K
- ISHARES TR$383.4K
- INTEL CORP$345.5K
Exited Positions
- PROSHARES TR$3.1M
- AFLAC INC$421.8K
- DEERE & CO$315.5K
- UNION PAC CORP$282.9K
- EMERSON ELEC CO$282.9K
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 | SPDR S&P 500 ETF TR | SPY | 78462F103 | $34.3M | 6.50% | 51,279 | SH |
| 2 | WISDOMTREE TR | USFR | 97717Y527 | $26.0M | 4.92% | 516,218 | SH |
| 3 | SCHWAB STRATEGIC TR | SCHB | 808524102 | $25.3M | 4.80% | 980,783 | SH |
| 4 | SPDR GOLD TR | GLD | 78463V107 | $19.5M | 3.70% | 54,862 | SH |
| 5 | SCHWAB STRATEGIC TR | SCHX | 808524201 | $19.4M | 3.69% | 735,355 | SH |
| 6 | SCHWAB STRATEGIC TR | SCHA | 808524607 | $16.5M | 3.13% | 591,472 | SH |
| 7 | SCHWAB STRATEGIC TR | SCHD | 808524797 | $16.5M | 3.12% | 598,268 | SH |
| 8 | SCHWAB STRATEGIC TR | SCHM | 808524508 | $16.3M | 3.10% | 548,491 | SH |
| 9 | APPLE INC | AAPL | 037833100 | $15.7M | 2.97% | 61,283 | SH |
| 10 | VANGUARD INDEX FDS | VO | 922908629 | $14.8M | 2.80% | 50,386 | SH |
| 11 | ISHARES TR | AGG | 464287226 | $13.8M | 2.62% | 137,885 | SH |
| 12 | VANGUARD INDEX FDS | VB | 922908751 | $13.4M | 2.54% | 52,519 | SH |
| 13 | PROSHARES TR | QLD | 74347R206 | $12.4M | 2.34% | 89,256 | SH |
| 14 | ISHARES TR | IMTB | 46435G417 | $11.3M | 2.14% | 255,724 | SH |
| 15 | INVESCO QQQ TR | QQQ | 46090E103 | $10.9M | 2.07% | 18,135 | SH |
| 16 | PIMCO ETF TR | BOND | 72201R775 | $10.0M | 1.89% | 107,131 | SH |
| 17 | PIMCO ETF TR | LDUR | 72201R718 | $9.9M | 1.88% | 103,464 | SH |
| 18 | ISHARES TR | TLT | 464287432 | $9.9M | 1.88% | 110,835 | SH |
| 19 | DIMENSIONAL ETF TRUST | DFAI | 25434V203 | $9.9M | 1.88% | 270,394 | SH |
| 20 | PROSHARES TR | SH | 74349Y753 | $9.8M | 1.86% | 267,087 | SH |
| 21 | SPDR SERIES TRUST | SDY | 78464A763 | $8.8M | 1.67% | 62,974 | SH |
| 22 | SCHWAB STRATEGIC TR | SCHF | 808524805 | $8.3M | 1.57% | 352,770 | SH |
| 23 | ISHARES TR | DGRO | 46434V621 | $8.2M | 1.56% | 120,248 | SH |
| 24 | VANGUARD INDEX FDS | VNQ | 922908553 | $6.7M | 1.27% | 72,915 | SH |
| 25 | GOLDMAN SACHS ETF TR | GSIE | 381430107 | $6.2M | 1.17% | 148,888 | SH |
| 26 | PROSHARES TR | TBT | 74347B201 | $5.6M | 1.06% | 165,398 | SH |
| 27 | ISHARES TR | ITA | 464288760 | $5.3M | 1.01% | 25,386 | SH |
| 28 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $5.2M | 0.99% | 86,558 | SH |
| 29 | MICROSOFT CORP | MSFT | 594918104 | $4.5M | 0.86% | 8,706 | SH |
| 30 | VANGUARD INDEX FDS | VOO | 922908363 | $4.4M | 0.83% | 7,121 | SH |
| 31 | VANGUARD WORLD FD | VPU | 92204A876 | $4.3M | 0.82% | 22,566 | SH |
| 32 | ALPHABET INC | GOOGL | 02079K305 | $4.2M | 0.80% | 17,156 | SH |
| 33 | ISHARES TR | SOXX | 464287523 | $3.9M | 0.75% | 14,293 | SH |
| 34 | ISHARES TR | IVV | 464287200 | $3.8M | 0.73% | 5,704 | SH |
| 35 | AMAZON COM INC | AMZN | 023135106 | $3.6M | 0.69% | 16,398 | SH |
| 36 | COLUMBIA ETF TR II | XCEM | 19762B202 | $3.6M | 0.68% | 98,807 | SH |
| 37 | ELI LILLY & CO | LLY | 532457108 | $3.3M | 0.63% | 4,028 | SH |
| 38 | NVIDIA CORPORATION | NVDA | 67066G104 | $3.2M | 0.61% | 17,128 | SH |
| 39 | INVESCO EXCH TRADED FD TR II | VRP | 46138G870 | $3.2M | 0.60% | 128,319 | SH |
| 40 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $3.0M | 0.57% | 4 | SH |
| 41 | INVESCO EXCH TRADED FD TR II | KBWP | 46138E586 | $2.8M | 0.54% | 22,981 | SH |
| 42 | SPDR SERIES TRUST | CWB | 78464A359 | $2.8M | 0.52% | 30,188 | SH |
| 43 | COSTCO WHSL CORP NEW | COST | 22160K105 | $2.6M | 0.49% | 2,793 | SH |
| 44 | ALPHABET INC | GOOG | 02079K107 | $2.5M | 0.47% | 10,029 | SH |
| 45 | SCHWAB STRATEGIC TR | FNDX | 808524771 | $2.5M | 0.46% | 92,763 | SH |
| 46 | ISHARES TR | EFA | 464287465 | $2.5M | 0.46% | 26,029 | SH |
| 47 | ISHARES TR | ICF | 464287564 | $2.4M | 0.45% | 38,374 | SH |
| 48 | SPDR SERIES TRUST | FLRN | 78468R200 | $2.3M | 0.43% | 73,650 | SH |
| 49 | SCHWAB STRATEGIC TR | FNDB | 808524789 | $2.2M | 0.43% | 86,927 | SH |
| 50 | VANGUARD CHARLOTTE FDS | BNDX | 92203J407 | $2.2M | 0.42% | 45,191 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-09-30 | 2025-10-28 | $527.5M | 174 | 0001951757-25-001210 |
| 2025-06-30 | 2025-07-08 | $496.0M | 163 | 0001951757-25-000583 |