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Hanson & Doremus Investment Management

SEC Form 13F institutional filer · CIK 0001393944

13F-HR · 270 reported holdings · 2026-03-31

Reported long-US-equity value

$0.00B

Top-10 concentration

60.2%

Hanson & Doremus Investment Management — $517K AUM allocation strategy

Hanson & Doremus Investment Management files SEC Form 13F and reports $517K of long US equity value across 270 reported holdings for 2026-03-31.

Its largest sector bet is Financials 44.8%, followed by Information Technology 13.2% and Communication Services 3.3%.

The top 10 holdings account for 60% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Hanson & Doremus Investment Management — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$517K

total across 270 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

60% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$SCHW$CSX$WMT

+$SCHW +40.9K sh · −$6.66K+$CSX +17.3K sh · +$749+$WMT +10.3K sh · +$1.45K

Biggest trims (shares)

$PFE$DIS$NCLH

−$PFE −70.9K sh · −$1.58K−$DIS −3.56K sh · −$605−$NCLH −2.95K sh · −$384

Added from nil (new positions)

$HONA$AMT$FLEX$FITB$WAT

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$PEG$PSA$D$ECL$ADSK

$PEG ($288 last qtr)$PSA ($88 last qtr)$D ($27 last qtr)$ECL ($24 last qtr)$ADSK ($22 last qtr)

Sector allocation (share of reported value)

Financials 45%Information Technology 13%Communication Services 3%ETFs 2%Consumer Staples 2%Health Care 1%Consumer Discretionary 1%Industrials 1%Other holdings 31%SECTORS
  • $XLFFinancials44.8%
  • $XLKInformation Technology13.2%
  • $XLCCommunication Services3.3%
  • ETFs2.2%
  • $XLPConsumer Staples2.1%
  • $XLVHealth Care1.4%
  • $XLYConsumer Discretionary1.1%
  • $XLIIndustrials1.1%
  • Other holdings30.7%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Investment Banking & Brokerage 39%Technology Hardware, Storage & Peripherals 5%Electronic Components 4%Systems Software 3%Interactive Media & Services 3%Consumer Staples Merchandise Retail 2%Multi-Sector Holdings 2%Pharmaceuticals 1%Other holdings 40%INDUSTRIES
  • Investment Banking & Brokerage39.5%
  • Technology Hardware, Storage & Peripherals5.0%
  • Electronic Components3.6%
  • Systems Software3.4%
  • Interactive Media & Services3.3%
  • Consumer Staples Merchandise Retail2.1%
  • Multi-Sector Holdings1.9%
  • Pharmaceuticals1.4%
  • Other holdings39.8%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$SCHWCharles Schwab Corporation7.8M$204K+40.9K39.5%
$GLWCorning Incorporated138K$18.7K+2.38K3.6%
$MSFTMicrosoft Corporation47.7K$17.7K+2.65K3.4%
$STXSeagate Technology Holdings PLC33.3K$13K-2.61K2.5%
$AAPLApple Inc50K$12.7K+2.59K2.5%
$COSTCostco Wholesale Corporation11K$11K+7932.1%
$BRK.BBerkshire Hathaway Inc.-Class B19.6K$9.38K+1.98K1.8%
$GOOGAlphabet Inc. Class C Capital Stock32.4K$9.32K-591.8%
$GOOGLAlphabet Inc28K$8.04K+2.88K1.6%
$MRKMerck & Company Inc58.9K$7.09K+3371.4%

…and 260 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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