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HM PAYSON & CO

ONE PORTLAND SQUARE 5TH FLOOR, PORTLAND, ME 04101 • 2077723761

Q3 2025 · Filed 2025-10-17
Market Value
$7.0B
+10.1%
Holdings
1,106
+66
New Purchases
128
Added To
269
Closed
31
Reduced
198
Top 10 Concentration
40.3%
Turnover
14.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOG 4.25% 3.46% +0.79% $295M
AAPL 6.51% 5.81% +0.70% $453M
RSP 0.72% 0.15% +0.57% $50M
CSL 0.56% 0.00% +0.56% $39M
LRCX 2.49% 1.99% +0.50% $173M
GOOGL 1.58% 1.28% +0.30% $110M
NVDA 4.71% 4.41% +0.29% $327M
ABBV 1.97% 1.75% +0.22% $137M
WFC 0.26% 0.05% +0.21% $18M
AVGO 6.20% 6.01% +0.19% $431M
TMO 1.47% 1.32% +0.15% $102M
ORCL 1.02% 0.88% +0.14% $71M
VIG 0.21% 0.09% +0.11% $14M
ETN 0.13% 0.02% +0.11% $9M
JNJ 0.95% 0.86% +0.09% $66M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ACN 1.11% 1.63% -0.52% $77M
MSFT 6.88% 7.33% -0.44% $479M
NVO 0.00% 0.38% -0.38% $140K
V 1.92% 2.26% -0.33% $134M
HUBB 0.94% 1.22% -0.28% $65M
AMZN 2.92% 3.19% -0.28% $203M
LHX 1.92% 2.15% -0.23% $134M
CDW 0.72% 0.93% -0.21% $50M
META 2.09% 2.30% -0.21% $145M
MA 1.95% 2.14% -0.19% $135M
SPGI 0.87% 1.05% -0.18% $60M
CVX 0.36% 0.53% -0.17% $25M
XOM 0.54% 0.68% -0.14% $38M
DOV 0.23% 0.37% -0.13% $16M
BRK-B 1.59% 1.72% -0.13% $110M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 30.0%
Technology 28.8%
Industrials 10.9%
Healthcare 8.8%
Communication Services 8.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 76 $4.2B 60.8%
Large Cap 639 $2.0B 28.5%
Mid Cap 265 $610M 8.8%
Small Cap 100 $130M 1.9%
Micro Cap 26 $371K 0.0%

Portfolio Analytics

Avg Market Cap
$86.5B
Median Market Cap
$19.4B
Avg P/E
30.5
Median P/E
22.1
Avg Dividend Yield
0.02%
Avg Beta
0.97
# Stocks
850
# ETFs / Funds
256

Top Holdings (1,106 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MSFT 6.88% 923,990 $479M $517.95 $16M -5,587 -0.6%
2 AAPL 6.51% 1,777,400 $453M $254.63 $86M -8,989 -0.5%
3 AVGO 6.20% 1,306,739 $431M $329.91 $52M -68,968 -5.0%
4 NVDA 4.71% 1,753,521 $327M $186.58 $49M -8,861 -0.5%
5 GOOG 4.25% 1,212,629 $295M $243.55 $77M -19,708 -1.6%
6 AMZN 2.92% 922,932 $203M $219.57 $1M +3,904 +0.4%
7 LRCX 2.49% 1,292,706 $173M $133.90 $47M -423 -0.0%
8 IBTH 2.20% 6,799,561 $153M $22.52 $12M +540,325 +8.6%
9 META 2.09% 197,714 $145M $734.38 $98K +1,126 +0.6%
10 JPM 2.06% 453,814 $143M $315.43 $14M +7,176 +1.6%
11 ABBV 1.97% 592,430 $137M $231.54 $27M -3,079 -0.5%
12 MA 1.95% 238,021 $135M $568.81 $227K -2,506 -1.0%
13 V 1.92% 391,870 $134M $341.38 -$9M -9,712 -2.4%
14 LHX 1.92% 437,410 $134M $305.41 -$2M -103,023 -19.1%
15 IBTG 1.82% 5,513,732 $127M $22.95 $11M +459,168 +9.1%
16 IBTF 1.73% 5,143,296 $120M $23.37 $15M +624,136 +13.8%
17 BRK-B 1.59% 219,501 $110M $502.74 $2M -3,445 -1.6%
18 HD 1.58% 271,522 $110M $405.19 $11M +381 +0.1%
19 GOOGL 1.58% 451,634 $110M $243.10 $29M -6,406 -1.4%
20 AME 1.53% 565,255 $106M $188.00 $4M +850 +0.1%
21 AZO 1.47% 23,871 $102M $4,290.32 $13M -243 -1.0%
22 TMO 1.47% 210,963 $102M $485.02 $19M +4,989 +2.4%
23 ASML 1.37% 98,631 $95M $968.10 $9M -9,597 -8.9%
24 IBDQ 1.27% 3,507,777 $88M $25.19 $10M +388,247 +12.4%
25 IBDS 1.26% 3,586,205 $87M $24.34 $8M +333,328 +10.2%
26 IBDR 1.24% 3,559,963 $87M $24.30 $9M +363,350 +11.4%
27 ACN 1.11% 311,979 $77M $246.60 -$26M -32,419 -9.4%
28 ORCL 1.02% 251,018 $71M $281.24 $15M -2,237 -0.9%
29 TJX 1.00% 481,708 $70M $144.54 $10M -1,322 -0.3%
30 JNJ 0.95% 354,632 $66M $185.42 $12M +964 +0.3%
31 HUBB 0.94% 152,006 $65M $430.31 -$12M -37,095 -19.6%
32 MCD 0.88% 201,521 $61M $303.89 $4M +4,933 +2.5%
33 MPC 0.88% 315,988 $61M $192.74 $8M -4,958 -1.5%
34 SPGI 0.87% 123,708 $60M $486.71 -$6M -1,622 -1.3%
35 CAT 0.86% 125,093 $60M $477.15 $6M -12,933 -9.4%
36 NVT 0.84% 593,580 $59M $98.64 $7M -112,395 -15.9%
37 LOW 0.80% 221,313 $56M $251.31 $6M -162 -0.1%
38 SPLG 0.79% 700,160 $55M $78.34 -$1M -70,801 -9.2%
39 ABT 0.74% 383,690 $51M $133.94 -$1M -1,722 -0.5%
40 CDW 0.72% 314,556 $50M $159.28 -$9M -14,639 -4.5%
41 RSP 0.72% 263,647 $50M $189.70 $41M +211,340 +404.0%
42 AON 0.68% 133,021 $47M $356.58 -$197K -485 -0.4%
43 GD 0.63% 128,433 $44M $341.00 $6M -1,530 -1.2%
44 AMGN 0.60% 148,914 $42M $282.20 $162K -1,014 -0.7%
45 CSL 0.56% 117,810 $39M $328.96 $39M +117,710 +117710.0%
46 XOM 0.54% 334,326 $38M $112.75 -$6M -66,394 -16.6%
47 PG 0.50% 225,101 $35M $153.65 -$267K +6,336 +2.9%
48 SPY 0.48% 50,331 $34M $666.39 $2M -46 -0.1%
49 DHR 0.48% 168,704 $33M $198.26 $4M +18,447 +12.3%
50 TYL 0.46% 61,552 $32M $523.16 -$5M -1,298 -2.1%
51 RTX 0.45% 185,066 $31M $167.33 $4M -1,769 -0.9%
52 LLY 0.44% 40,032 $31M $763.00 -$740K -100 -0.2%
53 WMT 0.41% 278,674 $29M $103.06 $946K -5,377 -1.9%
54 BRK-A 0.41% 38 $29M $754,200.00 $965K
55 AXP 0.38% 79,243 $26M $332.16 $858K -583 -0.7%
56 CMI 0.37% 60,259 $25M $422.37 $5M -1,657 -2.7%
57 CVX 0.36% 162,414 $25M $155.29 -$8M -71,645 -30.6%
58 IBM 0.35% 86,788 $24M $282.16 $2M +9,420 +12.2%
59 DHI 0.35% 142,195 $24M $169.47 $5M -7,449 -5.0%
60 SUSA 0.32% 161,986 $22M $135.65 $2M +3,229 +2.0%
61 DE 0.31% 47,445 $22M $457.28 -$3M -299 -0.6%
62 PH 0.31% 28,536 $22M $758.15 $2M +9 +0.0%
63 BAC 0.29% 396,762 $20M $51.59 $1M -4,694 -1.2%
64 WFC 0.26% 218,704 $18M $83.82 $15M +175,816 +409.9%
65 TSM 0.24% 59,220 $17M $279.29 $104K -13,346 -18.4%
66 AFL 0.23% 146,142 $16M $111.70 $500K -3,905 -2.6%
67 DOV 0.23% 97,575 $16M $166.83 -$7M -28,871 -22.8%
68 MRK 0.23% 191,190 $16M $83.93 $423K -6,181 -3.1%
69 PEP 0.23% 112,496 $16M $140.44 $2M +4,762 +4.4%
70 CSCO 0.21% 211,616 $14M $68.42 -$550K -4,998 -2.3%
71 VIG 0.21% 67,031 $14M $215.79 $9M +38,027 +131.1%
72 IDXX 0.20% 22,145 $14M $638.89 $3M +545 +2.5%
73 TXN 0.19% 71,566 $13M $183.73 -$2M -2,959 -4.0%
74 ADP 0.18% 41,848 $12M $293.50 -$678K -175 -0.4%
75 PFE 0.17% 475,557 $12M $25.48 $27K -23,204 -4.7%
76 IEI 0.17% 97,633 $12M $119.51 $779K +6,201 +6.8%
77 CSX 0.17% 324,906 $12M $35.51 $580K -10,913 -3.2%
78 DPZ 0.16% 25,712 $11M $431.71 -$3M -6,288 -19.6%
79 FI 0.15% 79,874 $10M $128.93 -$5M -7,937 -9.0%
80 VGSH 0.14% 170,007 $10M $58.85 $319K +5,230 +3.2%
81 ETN 0.13% 24,278 $9M $374.25 $8M +20,836 +605.4%
82 BDX 0.13% 47,061 $9M $187.17 $483K -1,275 -2.6%
83 SGOV 0.12% 84,229 $8M $100.70 $609K +6,039 +7.7%
84 PM 0.12% 51,486 $8M $162.20 $804K +10,046 +24.2%
85 VTI 0.11% 23,863 $8M $328.17 $636K +188 +0.8%
86 GE 0.11% 24,806 $7M $300.82 $863K -833 -3.2%
87 INTU 0.11% 10,791 $7M $682.91 -$1M
88 BX 0.10% 39,678 $7M $170.85 $724K -800 -2.0%
89 SPYV 0.10% 121,945 $7M $55.33 $365K
90 SHW 0.10% 19,194 $7M $346.26 $44K -34 -0.2%
91 AMT 0.09% 33,813 $7M $192.32 -$970K +2 +0.0%
92 KO 0.09% 95,650 $6M $66.32 -$476K -740 -0.8%
93 SPIB 0.09% 184,922 $6M $33.89 $2M +43,921 +31.1%
94 ITW 0.09% 24,006 $6M $260.76 $324K
95 IEF 0.09% 63,890 $6M $96.46 $44K
96 OTIS 0.09% 65,726 $6M $91.43 -$2M -12,010 -15.4%
97 MDLZ 0.08% 94,546 $6M $62.47 -$392K +1,154 +1.2%
98 PSX 0.08% 42,464 $6M $136.02 $1M +4,173 +10.9%
99 TRV 0.08% 20,568 $6M $279.22 $106K -500 -2.4%
100 MMM 0.08% 35,360 $5M $155.18 $2M +10,522 +42.4%

New Positions

SymbolValue% Port
IBDV $2M 0.02%
IBHF $516K 0.01%
DJCO $500K 0.01%
BTI $487K 0.01%
CLSK $257K —%
VYMI $212K —%
BKH $203K —%
KMX $171K —%
PSKY $166K —%
GDXJ $152K —%
ES $136K —%
FDL $130K —%
JEPQ $127K —%
CEF $114K —%
CALM $113K —%

Sold Out Positions

SymbolValue% Port
YETI —%
SLVM —%
NOK —%
DSL —%
PRMB —%
CM —%
CHPT —%
SLF —%
LRN —%
BUI —%
UTF —%
ESQ —%
DMLP —%
MGNI —%
BHF —%
View SEC EDGAR Filings for HM PAYSON & CO →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms