13F HOLDINGS REPORT

HANOVER ADVISORS INC

Quarter ended Q4 2024 · Filed February 5, 2025 · Accession 0000914973-25-000001

Total Value

$238.3M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (91)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908769	207,558	$60.2M	25.24%
2	SPDR S&P 500 ETF TR	SPY	64,295	$37.7M	15.81%
3	SPDR SER TR	78468R663	334,535	$30.6M	12.83%
4	VANGUARD SPECIALIZED FUNDS	921908844	89,887	$17.6M	7.39%
5	ISHARES TR	464287689	41,921	$14.0M	5.88%
6	VANGUARD BD INDEX FDS	921937819	117,964	$8.8M	3.70%
7	SPDR S&P MIDCAP 400 ETF TR	MDY	11,634	$6.6M	2.78%
8	VANGUARD INDEX FDS	922908363	8,347	$4.5M	1.89%
9	VANGUARD WHITEHALL FDS	921946406	32,474	$4.1M	1.74%
10	VANGUARD INDEX FDS	922908736	7,944	$3.3M	1.37%
11	INVESCO EXCH TRD SLF IDX FD	IVZ	102,089	$2.1M	0.88%
12	VANGUARD INDEX FDS	922908744	11,659	$2.0M	0.83%
13	MICROSOFT CORP	MSFT	4,624	$1.9M	0.82%
14	VANGUARD WORLD FD	92204A702	2,870	$1.8M	0.75%
15	ISHARES TR	46429B291	36,627	$1.7M	0.72%
16	VANGUARD MALVERN FDS	922020805	31,388	$1.5M	0.64%
17	PACKAGING CORP AMER	695156109	6,520	$1.5M	0.62%
18	INVESCO EXCH TRD SLF IDX FD	IVZ	72,300	$1.4M	0.59%
19	SSGA ACTIVE TR	78470P846	47,947	$1.4M	0.57%
20	INVESCO EXCH TRD SLF IDX FD	IVZ	68,302	$1.3M	0.56%
21	COCA COLA CO	KO	20,298	$1.3M	0.53%
22	ISHARES TR	464287440	13,018	$1.2M	0.50%
23	ISHARES TR	464287291	13,981	$1.2M	0.50%
24	VANGUARD INDEX FDS	922908553	12,101	$1.1M	0.45%
25	INVESCO EXCH TRD SLF IDX FD	IVZ	51,386	$1.0M	0.43%
26	VANGUARD MUN BD FDS	922907746	19,945	$999,843	0.42%
27	FIRST TR EXCHANGE-TRADED FD	33738R704	10,724	$826,177	0.35%
28	VANGUARD WORLD FD	92204A884	5,127	$794,480	0.33%
29	VANGUARD WORLD FD	92204A603	3,089	$785,812	0.33%
30	ISHARES TR	464287614	1,869	$750,553	0.31%
31	VICI PPTYS INC	925652109	25,522	$745,498	0.31%
32	SELECT SECTOR SPDR TR	81369Y803	3,169	$736,856	0.31%
33	MARINE PRODS CORP	568427108	78,135	$716,498	0.30%
34	BERKSHIRE HATHAWAY INC DEL	BRK-A	1	$680,920	0.29%
35	ISHARES TR	464287598	3,604	$667,209	0.28%
36	DIMENSIONAL ETF TRUST	25434V401	10,191	$649,676	0.27%
37	VANGUARD ADMIRAL FDS INC	921932885	5,911	$623,611	0.26%
38	WISDOMTREE TR	WT	11,871	$605,046	0.25%
39	INVESCO EXCH TRD SLF IDX FD	IVZ	32,916	$603,679	0.25%
40	ARK ETF TR	00214Q104	10,547	$598,753	0.25%
41	BANK AMERICA CORP	060505104	13,497	$593,193	0.25%
42	VANGUARD BD INDEX FDS	921937793	8,561	$585,816	0.25%
43	ISHARES TR	464288679	5,262	$579,399	0.24%
44	ISHARES INC	46434G764	10,429	$578,288	0.24%
45	VANGUARD WORLD FD	92204A405	4,530	$534,857	0.22%
46	SCHWAB STRATEGIC TR	808524102	23,061	$523,485	0.22%
47	VANGUARD TAX-MANAGED FDS	921943858	10,775	$515,261	0.22%
48	VANGUARD ADMIRAL FDS INC	921932844	5,231	$499,854	0.21%
49	DIMENSIONAL ETF TRUST	25434V815	15,508	$477,336	0.20%
50	DIMENSIONAL ETF TRUST	25434V740	17,989	$471,492	0.20%
51	GLOBUS MED INC	GMED	5,580	$461,522	0.19%
52	DIMENSIONAL ETF TRUST	25434V781	16,194	$430,275	0.18%
53	VANGUARD INDEX FDS	922908652	2,246	$426,695	0.18%
54	DIGITAL RLTY TR INC	253868103	2,396	$424,883	0.18%
55	SELECT SECTOR SPDR TR	81369Y506	4,921	$421,533	0.18%
56	DIMENSIONAL ETF TRUST	25434V807	11,090	$393,473	0.17%
57	ISHARES TR	464287226	4,029	$390,410	0.16%
58	HOME DEPOT INC	HD	955	$371,485	0.16%
59	DIMENSIONAL ETF TRUST	25434V708	10,660	$368,729	0.15%
60	DIMENSIONAL ETF TRUST	25434V500	5,627	$366,205	0.15%
61	ISHARES TR	46429B663	3,199	$359,120	0.15%
62	DIMENSIONAL ETF TRUST	25434V831	10,462	$353,511	0.15%
63	SPDR INDEX SHS FDS	78463X541	7,028	$349,713	0.15%
64	ISHARES TR	46436E718	3,432	$344,298	0.14%
65	VANGUARD BD INDEX FDS	92203C303	6,901	$342,428	0.14%
66	VANGUARD SCOTTSDALE FDS	92206C409	4,282	$334,039	0.14%
67	DIMENSIONAL ETF TRUST	25434V609	5,967	$332,123	0.14%
68	INVESCO EXCH TRD SLF IDX FD	IVZ	20,203	$330,723	0.14%
69	VANGUARD BD INDEX FDS	921937827	4,074	$314,783	0.13%
70	MACERICH CO	MAC	15,742	$313,581	0.13%
71	VANGUARD ADMIRAL FDS INC	921932703	1,673	$308,685	0.13%
72	JPMORGAN CHASE & CO.	VYLD	1,208	$289,570	0.12%
73	APPLE INC	AAPL	1,146	$286,981	0.12%
74	SOUTHSTATE CORPORATION	SSB	2,780	$276,554	0.12%
75	VANGUARD SCOTTSDALE FDS	92206C870	3,422	$274,684	0.12%
76	ISHARES TR	464287101	950	$274,408	0.12%
77	VANGUARD WORLD FD	92204A306	2,186	$265,184	0.11%
78	PEPSICO INC	PEP	1,678	$255,157	0.11%
79	INVESCO EXCH TRD SLF IDX FD	IVZ	15,102	$242,387	0.10%
80	VANGUARD BD INDEX FDS	921937835	3,337	$239,964	0.10%
81	VORNADO RLTY TR	929042109	5,540	$232,902	0.10%
82	WALMART INC	WMT	2,550	$230,393	0.10%
83	UNITED CMNTY BKS BLAIRSVLE G	UNTCW	7,059	$228,076	0.10%
84	VANGUARD CHARLOTTE FDS	92203J407	4,625	$226,856	0.10%
85	SRH TOTAL RETURN FUND INC	STEW	13,976	$223,896	0.09%
86	RXSIGHT INC	RXST	6,498	$223,401	0.09%
87	ARES CAPITAL CORP	ARCC	10,116	$221,439	0.09%
88	VANGUARD INTL EQUITY INDEX F	922042775	3,671	$210,723	0.09%
89	SPDR GOLD TR	GLD	849	$205,568	0.09%
90	PARK HOTELS & RESORTS INC	PK	10,847	$152,617	0.06%
91	EMPIRE ST RLTY TR INC	292104106	12,783	$131,921	0.06%