MEANS INVESTMENT CO., INC.

BANGOR, ME · CIK 701516 · 13F filing filed 2026-04-24

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

$1.1bn reported value -3.5% vs Q4 2025

192positions

61.1%in top 10

12 new 79 added 89 reduced 2 sold out vs Q4 2025

Options: 17 call positions ($2.4m notional), 3 put positions ($317.3k notional) – listed below, not included above.

Holdings, Q1 2026

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 INDEX FDS S&P 500 ETF SHS VOO	VOO	342,870	$204.9m17.89%	17.89%	Added +7.3k	+7,284 2.2%
2	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	1,264,718	$95.0m8.29%	8.29%	Reduced -4.1k	-4,072 -0.3%
3	INVESCO EXCHANGE TRADED FD T S&P 500 TOP 50 XLG	XLG	1,564,330	$85.3m7.45%	7.45%	Added +100.1k	+100,114 6.8%
4	APPLE INC COM AAPL	AAPL	297,057	$75.4m6.58%	6.58%	Reduced -1.6k	-1,615 -0.5%
5	NVIDIA CORPORATION COM NVDA	NVDA	261,746	$45.6m3.99%	3.99%	Reduced -782	-782 -0.3%
6	AMERICAN CENTY ETF TR US SML CP VALU AVUV	AVUV	394,029	$43.5m3.80%	3.80%	Reduced -2.6k	-2,575 -0.7%
7	AMAZON COM INC COM AMZN	AMZN	191,800	$39.9m3.49%	3.49%	Added +2.2k	+2,232 1.2%
8	MICROSOFT CORP COM MSFT	MSFT	104,601	$38.7m3.38%	3.38%	Added +2.9k	+2,910 2.9%
9	ISHARES TR MRGSTR MD CP ETF IMCB	IMCB	432,405	$36.1m3.15%	3.15%	Added +4.4k	+4,392 1.0%
10	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	95,771	$35.2m3.07%	3.07%	Reduced -915	-915 -0.9%
11	ALPHABET INC CAP STK CL C GOOG	GOOG	85,868	$24.6m2.15%	2.15%	Reduced -249	-249 -0.3%
12	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	161,513	$23.7m2.07%	2.07%	Added +3.4k	+3,356 2.1%
13	J P MORGAN EXCHANGE TRADED F ACTIVE BOND ETF JBND	JBND	431,887	$23.2m2.03%	2.03%	Added +7.1k	+7,057 1.7%
14	VANGUARD WORLD FD MEGA CAP VAL ETF MGV	MGV	136,710	$19.8m1.73%	1.73%	Reduced -3.1k	-3,073 -2.2%
15	JPMORGAN CHASE & CO COM JPM	JPM	65,159	$19.2m1.67%	1.67%	Added +1.9k	+1,922 3.0%
16	META PLATFORMS INC CL A META	META	31,711	$18.1m1.58%	1.58%	Added +328	+328 1.1%
17	FIDELITY WISE ORIGIN BITCOIN SHS FBTC	FBTC	298,606	$17.6m1.54%	1.54%	Added +21.4k	+21,407 7.7%
18	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	84,284	$12.3m1.08%	1.08%	Reduced -293	-293 -0.3%
19	LAM RESEARCH CORP COM NEW LRCX	LRCX	56,615	$12.1m1.06%	1.06%	Reduced -1.8k	-1,796 -3.1%
20	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	226,097	$11.2m0.97%	0.97%	Added +10.5k	+10,520 4.9%
21	TESLA INC COM TSLA	TSLA	27,277	$10.1m0.89%	0.89%	Added +737	+737 2.8%
22	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	20,479	$9.8m0.86%	0.86%	Reduced -82	-82 -0.4%
23	CHEVRON CORP NEW COM CVX	CVX	41,049	$8.5m0.74%	0.74%	Added +2.3k	+2,256 5.8%
24	BERKLEY W R CORP COM WRB	WRB	126,308	$8.4m0.73%	0.73%	Reduced -157	-157 -0.1%
25	BROADCOM INC COM AVGO	AVGO	26,360	$8.2m0.71%	0.71%	Added +590	+590 2.3%
26	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	17,977	$6.9m0.60%	0.60%	Added +927	+927 5.4%
27	BANK AMERICA CORP COM BAC	BAC	116,738	$5.7m0.50%	0.50%	Reduced -1.9k	-1,891 -1.6%
28	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	37,559	$5.6m0.49%	0.49%	Reduced -1.0k	-1,013 -2.6%
29	WALMART INC COM WMT	WMT	44,623	$5.5m0.48%	0.48%	Reduced -2.7k	-2,720 -5.8%
30	VISA INC COM CL A V	V	18,251	$5.5m0.48%	0.48%	Added +295	+295 1.6%
31	ALPHABET INC CAP STK CL A GOOGL	GOOGL	18,769	$5.4m0.47%	0.47%	Added +152	+152 0.8%
32	EXXON MOBIL CORP COM XOM	XOM	31,733	$5.4m0.47%	0.47%	Reduced -1.2k	-1,213 -3.7%
33	PIMCO ETF TR MULTISECTOR BD PYLD	PYLD	204,503	$5.4m0.47%	0.47%	Added +136.4k	+136,439 200.5%
34	JOHNSON & JOHNSON COM JNJ	JNJ	21,714	$5.3m0.46%	0.46%	Reduced -176	-176 -0.8%
35	ABBVIE INC COM ABBV	ABBV	23,421	$5.1m0.44%	0.44%	Reduced -609	-609 -2.5%
36	PHILIP MORRIS INTL INC COM PM	PM	30,560	$5.1m0.44%	0.44%	Reduced -751	-751 -2.4%
37	ORACLE CORP COM ORCL	ORCL	34,023	$5.0m0.44%	0.44%	Added +443	+443 1.3%
38	ISHARES TR U.S. MED DVC ETF IHI	IHI	88,900	$4.7m0.41%	0.41%	Reduced -4.3k	-4,265 -4.6%
39	ELI LILLY & CO COM LLY	LLY	4,577	$4.2m0.37%	0.37%	Reduced -89	-89 -1.9%
40	PROCTER AND GAMBLE CO COM PG	PG	26,541	$3.8m0.33%	0.33%	Added +3.8k	+3,829 16.9%
41	SCHWAB CHARLES CORP COM SCHW	SCHW	39,937	$3.8m0.33%	0.33%	Reduced -460	-460 -1.1%
42	GOLDMAN SACHS GROUP INC COM GS	GS	4,282	$3.6m0.32%	0.32%	Reduced -94	-94 -2.1%
43	TJX COS INC NEW COM TJX	TJX	21,335	$3.4m0.30%	0.30%	Reduced -190	-190 -0.9%
44	MERCK & CO INC COM MRK	MRK	28,024	$3.4m0.29%	0.29%	Reduced -1.0k	-1,000 -3.5%
45	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	5,368	$3.3m0.29%	0.29%	Reduced -200	-200 -3.6%
46	NETFLIX INC COM NFLX	NFLX	32,512	$3.1m0.27%	0.27%	Added +1.2k	+1,237 4.0%
47	RTX CORPORATION COM RTX	RTX	16,172	$3.1m0.27%	0.27%	Added +1.3k	+1,251 8.4%
48	UBER TECHNOLOGIES INC COM UBER	UBER	42,052	$3.0m0.26%	0.26%	Added +442	+442 1.1%
49	ABBOTT LABS COM ABT	ABT	28,105	$2.9m0.25%	0.25%	Reduced -181	-181 -0.6%
50	SALESFORCE INC COM CRM	CRM	15,091	$2.8m0.25%	0.25%	Reduced -639	-639 -4.1%
51	MCDONALDS CORP COM MCD	MCD	9,039	$2.8m0.25%	0.25%	Reduced -142	-142 -1.6%
52	ISHARES TR S&P 100 ETF OEF	OEF	8,447	$2.7m0.23%	0.23%	Reduced -45	-45 -0.5%
53	MASTERCARD INCORPORATED CL A MA	MA	4,269	$2.1m0.19%	0.19%	Added +174	+174 4.2%
54	ISHARES TR CORE S&P SCP ETF IJR	IJR	16,906	$2.1m0.18%	0.18%	Reduced -231	-231 -1.4%
55	PIMCO DYNAMIC INCOME FD SHS PDI	PDI	119,239	$2.0m0.18%	0.18%	Reduced -12.2k	-12,213 -9.3%
56	CAMDEN NATL CORP COM CAC	CAC	42,861	$2.0m0.18%	0.18%	Reduced -757	-757 -1.7%
57	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	8,197	$2.0m0.17%	0.17%	Added +731	+731 9.8%
58	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	3,010	$2.0m0.17%	0.17%	Added +6	+6 0.2%
59	BLACKSTONE INC COM BX	BX	16,893	$1.9m0.17%	0.17%	Added +132	+132 0.8%
60	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	33,915	$1.9m0.17%	0.17%	Reduced -2.1k	-2,126 -5.9%
61	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	15,252	$1.9m0.17%	0.17%	Reduced -108	-108 -0.7%
62	CAMECO CORP COM CCJ	CCJ	16,958	$1.8m0.16%	0.16%	Added +316	+316 1.9%
63	NEXTERA ENERGY INC COM NEE	NEE	19,258	$1.8m0.16%	0.16%	Added +510	+510 2.7%
64	ALTRIA GROUP INC COM MO	MO	26,760	$1.8m0.15%	0.15%	Reduced -2	-2 -0.0%
65	NUCOR CORP COM NUE	NUE	9,650	$1.6m0.14%	0.14%	Added +1	+1 0.0%
66	PEPSICO INC COM PEP	PEP	10,302	$1.6m0.14%	0.14%	Reduced -384	-384 -3.6%
67	CISCO SYS INC COM CSCO	CSCO	19,887	$1.5m0.13%	0.13%	Added +70	+70 0.3%
68	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	12,778	$1.5m0.13%	0.13%	Reduced -425	-425 -3.2%
69	HOME DEPOT INC COM HD	HD	4,604	$1.5m0.13%	0.13%	Reduced -101	-101 -2.1%
70	CATERPILLAR INC COM CAT	CAT	2,130	$1.5m0.13%	0.13%	Reduced -23	-23 -1.1%
71	M & T BK CORP COM MTB	MTB	7,056	$1.5m0.13%	0.13%	Reduced -264	-264 -3.6%
72	STARBUCKS CORP COM SBUX	SBUX	15,952	$1.4m0.12%	0.12%	Reduced -820	-820 -4.9%
73	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	2,455	$1.4m0.12%	0.12%	Reduced -26	-26 -1.1%
74	MICRON TECHNOLOGY INC COM MU	MU	4,147	$1.4m0.12%	0.12%	Added +32	+32 0.8%
75	ADAMS DIVERSIFIED EQUITY FD COM ADX	ADX	62,535	$1.4m0.12%	0.12%	Unchanged
76	COCA COLA CO COM KO	KO	17,676	$1.3m0.12%	0.12%	Added +246	+246 1.4%
77	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	3,437	$1.3m0.12%	0.12%	Added +81	+81 2.4%
78	ISHARES TR CORE S&P500 ETF IVV	IVV	2,028	$1.3m0.12%	0.12%	Reduced -35	-35 -1.7%
79	NORTHROP GRUMMAN CORP COM NOC	NOC	1,828	$1.2m0.11%	0.11%	Reduced -19	-19 -1.0%
80	ISHARES INC MSCI EMRG CHN EMXC	EMXC	14,704	$1.2m0.10%	0.10%	Reduced -1.4k	-1,352 -8.4%
81	EATON CORP PLC SHS ETN	ETN	3,026	$1.1m0.09%	0.09%	Added +3	+3 0.1%
82	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	17,509	$1.1m0.09%	0.09%	Reduced -535	-535 -3.0%
83	MONDELEZ INTL INC CL A MDLZ	MDLZ	17,836	$1.0m0.09%	0.09%	Reduced -1.1k	-1,144 -6.0%
84	IDEXX LABS INC COM IDXX	IDXX	1,816	$1.0m0.09%	0.09%	Reduced -27	-27 -1.5%
85	DISNEY WALT CO COM DIS	DIS	10,359	$998.4k0.09%	0.09%	Reduced -400	-400 -3.7%
86	NOVARTIS AG SPONSORED ADR NVS	NVS	6,455	$986.0k0.09%	0.09%	Reduced -132	-132 -2.0%
87	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	7,055	$975.9k0.09%	0.09%	Reduced -32	-32 -0.5%
88	ISHARES TR ISHARES BIOTECH IBB	IBB	5,588	$943.6k0.08%	0.08%	Reduced -166	-166 -2.9%
89	VERIZON COMMUNICATIONS INC COM VZ	VZ	18,692	$938.3k0.08%	0.08%	Added +1.2k	+1,202 6.9%
90	BLACKROCK INC COM BLK	BLK	975	$937.4k0.08%	0.08%	Reduced -88	-88 -8.3%
91	CONOCOPHILLIPS COM COP	COP	6,967	$919.7k0.08%	0.08%	Added +2	+2 0.0%
92	DEERE & CO COM DE	DE	1,598	$900.3k0.08%	0.08%	Reduced -156	-156 -8.9%
93	VALERO ENERGY CORP COM VLO	VLO	3,639	$899.2k0.08%	0.08%	Added +196	+196 5.7%
94	COREWEAVE INC COM CL A CRWV	CRWV	11,487	$889.9k0.08%	0.08%	Added +7.6k	+7,619 197.0%
95	SERVICENOW INC COM NOW	NOW	8,497	$888.4k0.08%	0.08%	Reduced -82	-82 -1.0%
96	AMGEN INC COM AMGN	AMGN	2,427	$854.0k0.07%	0.07%	Added +104	+104 4.5%
97	CVS HEALTH CORP COM CVS	CVS	11,813	$848.4k0.07%	0.07%	Added +7.7k	+7,702 187.3%
98	PALO ALTO NETWORKS INC COM PANW	PANW	5,275	$845.7k0.07%	0.07%	Added +251	+251 5.0%
99	SPDR SER TR S&P BIOTECH XBI	XBI	6,444	$823.1k0.07%	0.07%	Added +25	+25 0.4%
100	SOFI TECHNOLOGIES INC COM SOFI	SOFI	51,378	$815.9k0.07%	0.07%	Reduced -730	-730 -1.4%

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
BOEING CO BA	BA	1,066	$231.4k1.1k shares
EVERSOURCE ENERGY ES	ES	3,010	$202.7k3.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
INVESCO EXCHANGE TRADED FD T RSP · Call	RSP	Call	2,500	$479.8k2.5k shares	New
BROADCOM INC AVGO · Call	AVGO	Call	1,000	$309.5k1.0k shares	New
PFIZER INC PFE · Call	PFE	Call	8,500	$238.7k8.5k shares	Reduced
SELECT SECTOR SPDR TR XLE · Call	XLE	Call	3,700	$226.7k3.7k shares	New
SALESFORCE INC CRM · Call	CRM	Call	1,100	$205.3k1.1k shares	New
EXXON MOBIL CORP XOM · Call	XOM	Call	1,200	$203.6k1.2k shares	New
CISCO SYS INC CSCO · Call	CSCO	Call	2,000	$155.2k2.0k shares	New
OKLO INC OKLO · Put	OKLO	Put	3,000	$148.8k3.0k shares	New
TRANSOCEAN LTD RIG · Call	RIG	Call	21,000	$139.2k21.0k shares	New
WELLTOWER INC WELL · Call	WELL	Call	600	$118.6k600 shares	New
GE AEROSPACE GE · Call	GE	Call	400	$113.5k400 shares	New
NVIDIA CORPORATION NVDA · Put	NVDA	Put	500	$87.2k500 shares	New
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	400	$81.4k400 shares	New
NVIDIA CORPORATION NVDA · Call	NVDA	Call	300	$52.3k300 shares	New
CSX CORP CSX · Call	CSX	Call	700	$28.7k700 shares	New
CHEVRON CORP NEW CVX · Call	CVX	Call	100	$20.7k100 shares	New
NETFLIX INC NFLX · Call	NFLX	Call	200	$19.2k200 shares	New
SOFI TECHNOLOGIES INC SOFI · Call	SOFI	Call	1,000	$15.9k1.0k shares	New
SPDR SER TR XBI · Call	XBI	Call	100	$12.8k100 shares	New
SERVICENOW INC NOW · Call	NOW	Call	100	$10.5k100 shares	New