MEANS INVESTMENT CO., INC.

BANGOR, ME · CIK 701516 · 13F filing filed 2023-01-27

SEC-registered investment adviser since 2015 · corporation

Assets managed$1.6bn
Staff24 · 15 in investment roles
Main clients (by assets)High net worth individuals 68%, Individuals 20%, Pension plans 7%
Private funds1 · $8.2m gross assets
Form ADV · 2026-09-14SEC adviser record

$498.9m reported value +8.2% vs Q3 2022

192positions

44.3%in top 10

10 new 79 added 93 reduced 6 sold out vs Q3 2022

Options: 1 call positions ($570 notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	439,499	$57.1m11.45%	11.45%	Reduced -10.6k	-10,550 -2.3%
2	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	185,856	$32.0m6.41%	6.41%	Reduced -693	-693 -0.4%
3	MICROSOFT CORP COM MSFT	MSFT	107,778	$25.8m5.18%	5.18%	Reduced -1.7k	-1,664 -1.5%
4	VANGUARD WORLD FD MEGA CAP VAL ETF MGV	MGV	233,494	$24.0m4.81%	4.81%	Added +18.7k	+18,682 8.7%
5	AMAZON COM INC COM AMZN	AMZN	240,181	$20.2m4.04%	4.04%	Reduced -7.2k	-7,217 -2.9%
6	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	39,084	$13.7m2.75%	2.75%	Added +11.4k	+11,418 41.3%
7	ISHARES TR U.S. MED DVC ETF IHI	IHI	251,784	$13.2m2.65%	2.65%	Reduced -5.0k	-4,953 -1.9%
8	CHEVRON CORP NEW COM CVX	CVX	69,295	$12.4m2.49%	2.49%	Added +1.6k	+1,589 2.4%
9	JPMORGAN CHASE & CO COM JPM	JPM	87,388	$11.7m2.35%	2.35%	Reduced -1.5k	-1,455 -1.6%
10	ISHARES TR CORE S&P SCP ETF IJR	IJR	114,760	$10.9m2.18%	2.18%	Added +1.1k	+1,083 0.9%
11	ALPHABET INC CAP STK CL C GOOG	GOOG	112,460	$10.0m2.00%	2.00%	Reduced -2.1k	-2,109 -1.8%
12	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	82,638	$8.9m1.79%	1.79%	Added +77.8k	+77,755 1592.4%
13	SPDR SER TR S&P BIOTECH XBI	XBI	96,666	$8.0m1.61%	1.61%	Added +212	+212 0.2%
14	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	23,008	$7.1m1.42%	1.42%	Added +1.3k	+1,275 5.9%
15	BANK AMERICA CORP COM BAC	BAC	179,986	$6.0m1.19%	1.19%	Reduced -621	-621 -0.3%
16	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	118,889	$6.0m1.19%	1.19%	Added +84.0k	+84,006 240.8%
17	NORTHROP GRUMMAN CORP COM NOC	NOC	10,791	$5.9m1.18%	1.18%	Added +363	+363 3.5%
18	JOHNSON & JOHNSON COM JNJ	JNJ	32,035	$5.7m1.13%	1.13%	Added +577	+577 1.8%
19	VISA INC COM CL A V	V	26,750	$5.6m1.11%	1.11%	Added +252	+252 0.9%
20	LAM RESEARCH CORP COM COM		13,210	$5.6m1.11%	1.11%	Reduced -262	-262 -1.9%
21	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	129,808	$5.1m1.01%	1.01%	Reduced -18.8k	-18,780 -12.6%
22	META PLATFORMS INC CL A META	META	42,042	$5.1m1.01%	1.01%	Reduced -5.4k	-5,363 -11.3%
23	NIKE INC CL B NKE	NKE	42,941	$5.0m1.01%	1.01%	Reduced -1.6k	-1,609 -3.6%
24	SALESFORCE INC COM CRM	CRM	36,506	$4.8m0.97%	0.97%	Reduced -845	-845 -2.3%
25	ABBVIE INC COM ABBV	ABBV	29,478	$4.8m0.95%	0.95%	Added +77	+77 0.3%
26	DISNEY WALT CO COM DIS	DIS	52,993	$4.6m0.92%	0.92%	Reduced -275	-275 -0.5%
27	GOLDMAN SACHS GROUP INC COM GS	GS	12,204	$4.2m0.84%	0.84%	Reduced -256	-256 -2.0%
28	PROCTER AND GAMBLE CO COM PG	PG	26,916	$4.1m0.82%	0.82%	Added +138	+138 0.5%
29	PHILIP MORRIS INTL INC COM PM	PM	39,184	$4.0m0.79%	0.79%	Added +98	+98 0.2%
30	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	54,348	$3.9m0.78%	0.78%	Reduced -372	-372 -0.7%
31	ABBOTT LABS COM ABT	ABT	34,987	$3.8m0.77%	0.77%	Added +25	+25 0.1%
32	MERCK & CO INC COM MRK	MRK	33,450	$3.7m0.74%	0.74%	Reduced -22	-22 -0.1%
33	MCDONALDS CORP COM MCD	MCD	14,081	$3.7m0.74%	0.74%	Reduced -141	-141 -1.0%
34	MONDELEZ INTL INC CL A MDLZ	MDLZ	53,169	$3.5m0.71%	0.71%	Reduced -458	-458 -0.8%
35	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	60,416	$3.3m0.66%	0.66%	Reduced -4.9k	-4,903 -7.5%
36	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	37,500	$3.2m0.65%	0.65%	Added +222	+222 0.6%
37	WALMART INC COM WMT	WMT	22,698	$3.2m0.65%	0.65%	Reduced -540	-540 -2.3%
38	PIMCO DYNAMIC INCOME FD SHS PDI	PDI	170,806	$3.2m0.63%	0.63%	Added +43.9k	+43,943 34.6%
39	STARBUCKS CORP COM SBUX	SBUX	31,125	$3.1m0.62%	0.62%	Reduced -164	-164 -0.5%
40	ORACLE CORP COM ORCL	ORCL	35,426	$2.9m0.58%	0.58%	Reduced -313	-313 -0.9%
41	BLACKROCK INC COM BLK	BLK	3,997	$2.8m0.57%	0.57%	Reduced -198	-198 -4.7%
42	UNITEDHEALTH GROUP INC COM UNH	UNH	5,289	$2.8m0.56%	0.56%	Added +266	+266 5.3%
43	EXXON MOBIL CORP COM XOM	XOM	25,360	$2.8m0.56%	0.56%	Reduced -913	-913 -3.5%
44	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	31,323	$2.8m0.55%	0.55%	Reduced -5.0k	-5,009 -13.8%
45	BERKLEY W R CORP COM WRB	WRB	35,167	$2.6m0.51%	0.51%	Unchanged
46	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	5,471	$2.4m0.49%	0.49%	Added +3.7k	+3,703 209.4%
47	BAR HBR BANKSHARES COM BHB	BHB	74,319	$2.4m0.48%	0.48%	Added +216	+216 0.3%
48	ETF MANAGERS TR PRIME MOBILE PAY PRIME MOBILE PAY		60,566	$2.4m0.48%	0.48%	Reduced -8.2k	-8,233 -12.0%
49	PFIZER INC COM PFE	PFE	44,053	$2.3m0.45%	0.45%	Added +1.3k	+1,307 3.1%
50	PEPSICO INC COM PEP	PEP	12,430	$2.2m0.45%	0.45%	Added +193	+193 1.6%
51	ISHARES TR MRGSTR MD CP ETF IMCB	IMCB	37,357	$2.2m0.44%	0.44%	Added +24.3k	+24,324 186.6%
52	CAMDEN NATL CORP COM CAC	CAC	50,629	$2.1m0.42%	0.42%	Added +580	+580 1.2%
53	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	5,312	$2.0m0.41%	0.41%	Reduced -597	-597 -10.1%
54	BLACKSTONE INC COM BX	BX	27,162	$2.0m0.40%	0.40%	Reduced -377	-377 -1.4%
55	NVIDIA CORPORATION COM NVDA	NVDA	13,625	$2.0m0.40%	0.40%	Reduced -884	-884 -6.1%
56	SPDR SER TR HLTH CR EQUIP XHE	XHE	21,925	$2.0m0.40%	0.40%	Added +11	+11 0.1%
57	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	14,488	$2.0m0.39%	0.39%	Added +10.8k	+10,812 294.1%
58	CISCO SYS INC COM CSCO	CSCO	40,734	$1.9m0.39%	0.39%	Reduced -1.7k	-1,742 -4.1%
59	NEXTERA ENERGY INC COM NEE	NEE	23,197	$1.9m0.39%	0.39%	Reduced -33	-33 -0.1%
60	EXCHANGE TRADED CONCEPTS TRU ROBO GLB ETF ROBO	ROBO	40,522	$1.9m0.38%	0.38%	Reduced -6.9k	-6,881 -14.5%
61	VERIZON COMMUNICATIONS INC COM VZ	VZ	47,331	$1.9m0.37%	0.37%	Reduced -4.5k	-4,501 -8.7%
62	TJX COS INC NEW COM TJX	TJX	23,376	$1.9m0.37%	0.37%	Reduced -1.8k	-1,824 -7.2%
63	WALGREENS BOOTS ALLIANCE INC COM WBA	WBA	48,644	$1.8m0.36%	0.36%	Reduced -59	-59 -0.1%
64	ALTRIA GROUP INC COM MO	MO	38,882	$1.8m0.36%	0.36%	Added +203	+203 0.5%
65	IDEXX LABS INC COM IDXX	IDXX	4,347	$1.8m0.36%	0.36%	Reduced -3	-3 -0.1%
66	ISHARES INC MSCI EMRG CHN EMXC	EMXC	35,663	$1.7m0.34%	0.34%	Added +19.8k	+19,824 125.2%
67	HOME DEPOT INC COM HD	HD	5,292	$1.7m0.34%	0.34%	Reduced -3	-3 -0.1%
68	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	16,584	$1.6m0.33%	0.33%	Reduced -1.5k	-1,518 -8.4%
69	PRUDENTIAL FINL INC COM PRU	PRU	16,261	$1.6m0.32%	0.32%	Added +136	+136 0.8%
70	ISHARES TR ISHARES BIOTECH IBB	IBB	11,788	$1.5m0.31%	0.31%	Added +484	+484 4.3%
71	RTX CORPORATION COM RTX	RTX	14,716	$1.5m0.30%	0.30%	Added +81	+81 0.6%
72	ISHARES TR CORE MSCI TOTAL IXUS	IXUS	24,467	$1.4m0.28%	0.28%	Reduced -388	-388 -1.6%
73	SPDR SER TR PORTFOLIO AGRGTE SPAB	SPAB	55,440	$1.4m0.28%	0.28%	Reduced -8.0k	-7,953 -12.6%
74	ELI LILLY & CO COM LLY	LLY	3,760	$1.4m0.28%	0.28%	Added +55	+55 1.5%
75	SNOWFLAKE INC CL A SNOW	SNOW	9,541	$1.4m0.27%	0.27%	Reduced -1.8k	-1,835 -16.1%
76	SPDR SER TR S&P REGL BKG KRE	KRE	22,999	$1.4m0.27%	0.27%	Reduced -2.6k	-2,582 -10.1%
77	STAG INDL INC COM STAG	STAG	41,577	$1.3m0.27%	0.27%	Reduced -3.3k	-3,281 -7.3%
78	ALPHABET INC CAP STK CL A GOOGL	GOOGL	14,767	$1.3m0.26%	0.26%	Reduced -1.2k	-1,174 -7.4%
79	SOUTHERN CO COM SO	SO	17,952	$1.3m0.26%	0.26%	Added +9.5k	+9,455 111.3%
80	COCA COLA CO COM KO	KO	19,704	$1.3m0.25%	0.25%	Added +216	+216 1.1%
81	ARK ETF TR GENOMIC REV ETF ARKG	ARKG	44,180	$1.2m0.25%	0.25%	Reduced -32.1k	-32,146 -42.1%
82	NUCOR CORP COM NUE	NUE	9,434	$1.2m0.25%	0.25%	Added +1	+1 0.0%
83	BOEING CO COM BA	BA	6,473	$1.2m0.25%	0.25%	Reduced -2.1k	-2,072 -24.2%
84	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	8,579	$1.2m0.24%	0.24%	Added +156	+156 1.9%
85	ISHARES TR CORE US AGGBD ET AGG	AGG	11,976	$1.2m0.23%	0.23%	Added +6.4k	+6,410 115.2%
86	DEERE & CO COM DE	DE	2,658	$1.1m0.23%	0.23%	Added +449	+449 20.3%
87	ISHARES TR RUSEL 2500 ETF SMMD	SMMD	20,616	$1.1m0.22%	0.22%	Reduced -7.9k	-7,924 -27.8%
88	SERVICENOW INC COM NOW	NOW	2,763	$1.1m0.21%	0.21%	Reduced -137	-137 -4.7%
89	FIRST TR EXCH TRADED FD III MANAGD MUN ETF FMB	FMB	21,361	$1.1m0.21%	0.21%	Reduced -3.9k	-3,936 -15.6%
90	SCHWAB STRATEGIC TR INTL SCEQT ETF SCHC	SCHC	33,464	$1.1m0.21%	0.21%	Added +13.2k	+13,179 65.0%
91	FIRST TR EXCHANGE-TRADED FD DJ INTERNT IDX FDN	FDN	8,423	$1.0m0.21%	0.21%	Reduced -1.7k	-1,749 -17.2%
92	LOWES COS INC COM LOW	LOW	4,908	$978.0k0.20%	0.20%	Added +4	+4 0.1%
93	METLIFE INC COM MET	MET	13,068	$945.7k0.19%	0.19%	Added +298	+298 2.3%
94	MEDTRONIC PLC SHS MDT	MDT	11,928	$927.0k0.19%	0.19%	Reduced -3.3k	-3,261 -21.5%
95	ADOBE INC COM ADBE	ADBE	2,752	$926.1k0.19%	0.19%	Unchanged
96	LOCKHEED MARTIN CORP COM LMT	LMT	1,863	$906.4k0.18%	0.18%	Added +98	+98 5.5%
97	INTEL CORP COM INTC	INTC	32,043	$846.9k0.17%	0.17%	Reduced -1.9k	-1,906 -5.6%
98	CONOCOPHILLIPS COM COP	COP	7,176	$846.7k0.17%	0.17%	Added +7	+7 0.1%
99	WISDOMTREE TR US SMALLCAP FUND EES	EES	19,545	$832.4k0.17%	0.17%	Added +143	+143 0.7%
100	TESLA INC COM TSLA	TSLA	6,573	$809.7k0.16%	0.16%	Added +118	+118 1.8%

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
SCHWAB STRATEGIC TR SCHH	SCHH	68,810	$1.3m68.8k shares
SCHWAB STRATEGIC TR SCHP	SCHP	8,026	$416.0k8.0k shares
CROWDSTRIKE HLDGS INC CRWD	CRWD	1,501	$247.0k1.5k shares
ZILLOW GROUP INC ZG	ZG	7,718	$221.0k7.7k shares
AMYRIS INC AMRS	AMRS	23,795	$69.0k23.8k shares
DESKTOP METAL INC		10,051	$26.0k10.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SELECT SECTOR SPDR TR XLI · Call	XLI	Call	28,000	$57028.0k shares	Unchanged