MEANS INVESTMENT CO., INC.

BANGOR, ME · CIK 701516 · 13F filing filed 2024-04-17

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

$773.1m reported value +11.4% vs Q4 2023

197positions

54.9%in top 10

11 new 74 added 106 reduced 5 sold out vs Q4 2023

Holdings, Q1 2024

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	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	244,770	$70.2m9.07%	9.07%	Added +13.8k	+13,767 6.0%
2	APPLE INC COM AAPL	AAPL	383,083	$65.7m8.50%	8.50%	Reduced -13.5k	-13,455 -3.4%
3	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	116,770	$56.1m7.26%	7.26%	Added +12.3k	+12,275 11.8%
4	VANGUARD WORLD FD MEGA CAP VAL ETF MGV	MGV	443,933	$53.1m6.86%	6.86%	Added +54.5k	+54,473 14.0%
5	MICROSOFT CORP COM MSFT	MSFT	106,447	$44.8m5.79%	5.79%	Reduced -1.8k	-1,835 -1.7%
6	AMAZON COM INC COM AMZN	AMZN	236,312	$42.6m5.51%	5.51%	Reduced -2.8k	-2,761 -1.1%
7	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	584,364	$34.3m4.43%	4.43%	Added +102.6k	+102,561 21.3%
8	META PLATFORMS INC CL A META	META	42,479	$20.6m2.67%	2.67%	Reduced -472	-472 -1.1%
9	NVIDIA CORPORATION COM NVDA	NVDA	21,797	$19.7m2.55%	2.55%	Added +1.7k	+1,748 8.7%
10	ALPHABET INC CAP STK CL C GOOG	GOOG	115,795	$17.6m2.28%	2.28%	Added +348	+348 0.3%
11	JPMORGAN CHASE & CO COM JPM	JPM	82,346	$16.5m2.13%	2.13%	Reduced -901	-901 -1.1%
12	LAM RESEARCH CORP COM COM		13,102	$12.7m1.65%	1.65%	Reduced -105	-105 -0.8%
13	SALESFORCE INC COM CRM	CRM	39,002	$11.7m1.52%	1.52%	Added +942	+942 2.5%
14	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	26,136	$11.0m1.42%	1.42%	Added +1.8k	+1,810 7.4%
15	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	18,770	$10.4m1.35%	1.35%	Reduced -5.6k	-5,622 -23.1%
16	ISHARES TR U.S. MED DVC ETF IHI	IHI	177,544	$10.4m1.35%	1.35%	Reduced -22.3k	-22,313 -11.2%
17	CHEVRON CORP NEW COM CVX	CVX	59,760	$9.4m1.22%	1.22%	Reduced -5.3k	-5,268 -8.1%
18	ISHARES TR MRGSTR MD CP ETF IMCB	IMCB	118,681	$8.6m1.12%	1.12%	Added +16.8k	+16,758 16.4%
19	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	69,155	$8.4m1.08%	1.08%	Reduced -9.2k	-9,150 -11.7%
20	BERKLEY W R CORP COM WRB	WRB	84,312	$7.5m0.96%	0.96%	Added +49.1k	+49,142 139.7%
21	ISHARES TR CORE S&P SCP ETF IJR	IJR	62,424	$6.9m0.89%	0.89%	Reduced -15.6k	-15,592 -20.0%
22	VISA INC COM CL A V	V	24,322	$6.8m0.88%	0.88%	Reduced -95	-95 -0.4%
23	SCHWAB CHARLES CORP COM SCHW	SCHW	90,138	$6.5m0.84%	0.84%	Added +18.3k	+18,266 25.4%
24	SPDR SER TR S&P BIOTECH XBI	XBI	67,095	$6.4m0.82%	0.82%	Reduced -806	-806 -1.2%
25	SCHWAB STRATEGIC TR INTL SCEQT ETF SCHC	SCHC	174,763	$6.3m0.81%	0.81%	Added +34.3k	+34,253 24.4%
26	BANK AMERICA CORP COM BAC	BAC	153,200	$5.8m0.75%	0.75%	Reduced -12.3k	-12,255 -7.4%
27	UBER TECHNOLOGIES INC COM UBER	UBER	74,732	$5.8m0.74%	0.74%	Added +16.0k	+16,009 27.3%
28	ABBVIE INC COM ABBV	ABBV	29,343	$5.3m0.69%	0.69%	Reduced -197	-197 -0.7%
29	NOVO-NORDISK A S ADR NVO	NVO	39,582	$5.1m0.66%	0.66%	Added +15.3k	+15,254 62.7%
30	JOHNSON & JOHNSON COM JNJ	JNJ	28,715	$4.5m0.59%	0.59%	Reduced -1.9k	-1,876 -6.1%
31	ORACLE CORP COM ORCL	ORCL	35,310	$4.4m0.57%	0.57%	Reduced -11	-11 -0.0%
32	ISHARES INC MSCI EMRG CHN EMXC	EMXC	75,013	$4.3m0.56%	0.56%	Added +7.7k	+7,691 11.4%
33	WALMART INC COM WMT	WMT	70,848	$4.3m0.55%	0.55%	Reduced -1.1k	-1,053 -1.5%
34	PROCTER AND GAMBLE CO COM PG	PG	26,091	$4.2m0.55%	0.55%	Reduced -700	-700 -2.6%
35	MERCK & CO INC COM MRK	MRK	31,287	$4.1m0.53%	0.53%	Reduced -477	-477 -1.5%
36	MCDONALDS CORP COM MCD	MCD	13,892	$3.9m0.51%	0.51%	Reduced -202	-202 -1.4%
37	PIMCO DYNAMIC INCOME FD SHS PDI	PDI	201,520	$3.9m0.50%	0.50%	Added +3.2k	+3,159 1.6%
38	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	66,012	$3.8m0.49%	0.49%	Added +2.0k	+2,026 3.2%
39	ABBOTT LABS COM ABT	ABT	32,627	$3.7m0.48%	0.48%	Reduced -514	-514 -1.6%
40	GOLDMAN SACHS GROUP INC COM GS	GS	8,303	$3.5m0.45%	0.45%	Reduced -1.3k	-1,330 -13.8%
41	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	21,713	$3.2m0.41%	0.41%	Added +7.9k	+7,877 56.9%
42	PHILIP MORRIS INTL INC COM PM	PM	34,609	$3.2m0.41%	0.41%	Reduced -1.1k	-1,135 -3.2%
43	DISNEY WALT CO COM DIS	DIS	25,075	$3.1m0.40%	0.40%	Added +320	+320 1.3%
44	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	13,436	$3.0m0.39%	0.39%	Added +3.2k	+3,181 31.0%
45	NORTHROP GRUMMAN CORP COM NOC	NOC	6,093	$2.9m0.38%	0.38%	Reduced -1.6k	-1,599 -20.8%
46	BLACKSTONE INC COM BX	BX	22,130	$2.9m0.38%	0.38%	Reduced -1.3k	-1,270 -5.4%
47	MONDELEZ INTL INC CL A MDLZ	MDLZ	41,257	$2.9m0.37%	0.37%	Reduced -7.3k	-7,282 -15.0%
48	UNITEDHEALTH GROUP INC COM UNH	UNH	5,356	$2.6m0.34%	0.34%	Reduced -184	-184 -3.3%
49	NIKE INC CL B NKE	NKE	27,189	$2.6m0.33%	0.33%	Reduced -6.0k	-5,973 -18.0%
50	ELI LILLY & CO COM LLY	LLY	3,282	$2.6m0.33%	0.33%	Reduced -3	-3 -0.1%
51	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	4,656	$2.4m0.32%	0.32%	Reduced -396	-396 -7.8%
52	TJX COS INC NEW COM TJX	TJX	23,960	$2.4m0.31%	0.31%	Added +72	+72 0.3%
53	EXXON MOBIL CORP COM XOM	XOM	20,724	$2.4m0.31%	0.31%	Reduced -666	-666 -3.1%
54	STARBUCKS CORP COM SBUX	SBUX	25,814	$2.4m0.31%	0.31%	Reduced -2.8k	-2,844 -9.9%
55	ALPHABET INC CAP STK CL A GOOGL	GOOGL	15,311	$2.3m0.30%	0.30%	Reduced -188	-188 -1.2%
56	TESLA INC COM TSLA	TSLA	13,135	$2.3m0.30%	0.30%	Added +4.1k	+4,083 45.1%
57	BLACKROCK INC COM BLK	BLK	2,663	$2.2m0.29%	0.29%	Reduced -492	-492 -15.6%
58	SNOWFLAKE INC CL A SNOW	SNOW	12,837	$2.1m0.27%	0.27%	Added +712	+712 5.9%
59	PEPSICO INC COM PEP	PEP	11,769	$2.1m0.27%	0.27%	Reduced -385	-385 -3.2%
60	HOME DEPOT INC COM HD	HD	5,308	$2.0m0.26%	0.26%	Added +10	+10 0.2%
61	SERVICENOW INC COM NOW	NOW	2,595	$2.0m0.26%	0.26%	Reduced -43	-43 -1.6%
62	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	83,480	$1.9m0.25%	0.25%	Added +4.0k	+3,955 5.0%
63	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	17,181	$1.9m0.25%	0.25%	Reduced -3.1k	-3,094 -15.3%
64	IDEXX LABS INC COM IDXX	IDXX	3,477	$1.9m0.24%	0.24%	Reduced -371	-371 -9.6%
65	NUCOR CORP COM NUE	NUE	9,440	$1.9m0.24%	0.24%	Added +1	+1 0.0%
66	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	33,877	$1.8m0.24%	0.24%	Reduced -7.0k	-7,017 -17.2%
67	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	24,351	$1.8m0.23%	0.23%	Added +1.9k	+1,932 8.6%
68	CISCO SYS INC COM CSCO	CSCO	32,285	$1.6m0.21%	0.21%	Reduced -2.4k	-2,437 -7.0%
69	CAMDEN NATL CORP COM CAC	CAC	47,798	$1.6m0.21%	0.21%	Reduced -960	-960 -2.0%
70	SPDR SER TR S&P HOMEBUILD XHB	XHB	13,657	$1.5m0.20%	0.20%	Reduced -58	-58 -0.4%
71	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	7,841	$1.5m0.19%	0.19%	Reduced -189	-189 -2.4%
72	ALTRIA GROUP INC COM MO	MO	32,757	$1.4m0.18%	0.18%	Reduced -2.2k	-2,236 -6.4%
73	PRUDENTIAL FINL INC COM PRU	PRU	12,060	$1.4m0.18%	0.18%	Reduced -2.8k	-2,810 -18.9%
74	RTX CORPORATION COM RTX	RTX	14,440	$1.4m0.18%	0.18%	Reduced -352	-352 -2.4%
75	ISHARES TR ISHARES BIOTECH IBB	IBB	10,155	$1.4m0.18%	0.18%	Added +16	+16 0.2%
76	NEXTERA ENERGY INC COM NEE	NEE	21,377	$1.4m0.18%	0.18%	Added +211	+211 1.0%
77	ADOBE INC COM ADBE	ADBE	2,649	$1.3m0.17%	0.17%	Reduced -40	-40 -1.5%
78	SPDR SER TR HLTH CR EQUIP XHE	XHE	14,424	$1.3m0.16%	0.16%	Reduced -1.5k	-1,457 -9.2%
79	DEERE & CO COM DE	DE	3,074	$1.3m0.16%	0.16%	Added +172	+172 5.9%
80	COCA COLA CO COM KO	KO	20,108	$1.2m0.16%	0.16%	Reduced -139	-139 -0.7%
81	EXCHANGE TRADED CONCEPTS TRU ROBO GLB ETF ROBO	ROBO	20,354	$1.2m0.15%	0.15%	Reduced -6.9k	-6,922 -25.4%
82	NETFLIX INC COM NFLX	NFLX	1,895	$1.2m0.15%	0.15%	Reduced -22	-22 -1.1%
83	ISHARES TR CORE S&P500 ETF IVV	IVV	2,162	$1.1m0.15%	0.15%	Added +14	+14 0.7%
84	SOUTHERN CO COM SO	SO	15,838	$1.1m0.15%	0.15%	Reduced -1.4k	-1,386 -8.1%
85	CATERPILLAR INC COM CAT	CAT	3,096	$1.1m0.15%	0.15%	Added +41	+41 1.3%
86	BOEING CO COM BA	BA	5,878	$1.1m0.15%	0.15%	Reduced -434	-434 -6.9%
87	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	14,408	$1.1m0.14%	0.14%	Added +31	+31 0.2%
88	EATON CORP PLC SHS ETN	ETN	3,351	$1.0m0.14%	0.14%	Added +8	+8 0.2%
89	LOWES COS INC COM LOW	LOW	3,988	$1.0m0.13%	0.13%	Reduced -108	-108 -2.6%
90	QUALCOMM INC COM QCOM	QCOM	5,815	$984.4k0.13%	0.13%	Added +22	+22 0.4%
91	FIRST TR EXCHANGE-TRADED FD DJ INTERNT IDX FDN	FDN	4,733	$970.7k0.13%	0.13%	Reduced -225	-225 -4.5%
92	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	2,159	$958.5k0.12%	0.12%	Added +254	+254 13.3%
93	ISHARES TR RUSEL 2500 ETF SMMD	SMMD	14,434	$947.0k0.12%	0.12%	Reduced -4.3k	-4,298 -22.9%
94	CONOCOPHILLIPS COM COP	COP	7,427	$945.3k0.12%	0.12%	Added +116	+116 1.6%
95	WALGREENS BOOTS ALLIANCE INC COM WBA	WBA	42,606	$924.1k0.12%	0.12%	Added +3	+3 0.0%
96	LOCKHEED MARTIN CORP COM LMT	LMT	1,856	$844.4k0.11%	0.11%	Added +58	+58 3.2%
97	PFIZER INC COM PFE	PFE	29,950	$831.1k0.11%	0.11%	Reduced -4.3k	-4,332 -12.6%
98	STAG INDL INC COM STAG	STAG	21,552	$828.5k0.11%	0.11%	Reduced -5.8k	-5,779 -21.1%
99	MASTERCARD INCORPORATED CL A MA	MA	1,668	$803.2k0.10%	0.10%	Added +52	+52 3.2%
100	BAR HBR BANKSHARES COM BHB	BHB	30,310	$802.6k0.10%	0.10%	Added +73	+73 0.2%

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
ISHARES TR AGG	AGG	15,627	$1.6m15.6k shares
UNITED PARCEL SERVICE INC UPS	UPS	1,610	$253.2k1.6k shares
ISHARES TR AOA	AOA	3,594	$248.2k3.6k shares
3M CO MMM	MMM	1,870	$204.5k1.9k shares
INMODE LTD INMD	INMD	9,145	$203.4k9.1k shares