13F HOLDINGS REPORT

FIRST NATIONAL CORP /MA/ /ADV

Quarter ended Q3 2025 · Filed October 28, 2025 · Accession 0001951757-25-001210

Total Value

$527.5M

Positions

174

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (174)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SPDR S&P 500 ETF TR	SPY	51,279	$34.3M	6.50%
2	WISDOMTREE TR	WT	516,218	$26.0M	4.92%
3	SCHWAB STRATEGIC TR	808524102	980,783	$25.3M	4.80%
4	SPDR GOLD TR	GLD	54,862	$19.5M	3.70%
5	SCHWAB STRATEGIC TR	808524201	735,355	$19.4M	3.69%
6	SCHWAB STRATEGIC TR	808524607	591,472	$16.5M	3.13%
7	SCHWAB STRATEGIC TR	808524797	598,268	$16.5M	3.12%
8	SCHWAB STRATEGIC TR	808524508	548,491	$16.3M	3.10%
9	APPLE INC	AAPL	61,283	$15.7M	2.97%
10	VANGUARD INDEX FDS	922908629	50,386	$14.8M	2.80%
11	ISHARES TR	464287226	137,885	$13.8M	2.62%
12	VANGUARD INDEX FDS	922908751	52,519	$13.4M	2.54%
13	PROSHARES TR	74347R206	89,256	$12.4M	2.34%
14	ISHARES TR	46435G417	255,724	$11.3M	2.14%
15	INVESCO QQQ TR	IVZ	18,135	$10.9M	2.07%
16	PIMCO ETF TR	72201R775	107,131	$10.0M	1.89%
17	PIMCO ETF TR	72201R718	103,464	$9.9M	1.88%
18	ISHARES TR	464287432	110,835	$9.9M	1.88%
19	DIMENSIONAL ETF TRUST	25434V203	270,394	$9.9M	1.88%
20	PROSHARES TR	74349Y753	267,087	$9.8M	1.86%
21	SPDR SERIES TRUST	78464A763	62,974	$8.8M	1.67%
22	SCHWAB STRATEGIC TR	808524805	352,770	$8.3M	1.57%
23	ISHARES TR	46434V621	120,248	$8.2M	1.56%
24	VANGUARD INDEX FDS	922908553	72,915	$6.7M	1.27%
25	GOLDMAN SACHS ETF TR	NVGLF	148,888	$6.2M	1.17%
26	PROSHARES TR	74347B201	165,398	$5.6M	1.06%
27	ISHARES TR	464288760	25,386	$5.3M	1.01%
28	VANGUARD TAX-MANAGED FDS	921943858	86,558	$5.2M	0.99%
29	MICROSOFT CORP	MSFT	8,706	$4.5M	0.86%
30	VANGUARD INDEX FDS	922908363	7,121	$4.4M	0.83%
31	VANGUARD WORLD FD	92204A876	22,566	$4.3M	0.82%
32	ALPHABET INC	GOOG	17,156	$4.2M	0.80%
33	ISHARES TR	464287523	14,293	$3.9M	0.75%
34	ISHARES TR	464287200	5,704	$3.8M	0.73%
35	AMAZON COM INC	AMZN	16,398	$3.6M	0.69%
36	COLUMBIA ETF TR II	19762B202	98,807	$3.6M	0.68%
37	ELI LILLY & CO	LLY	4,028	$3.3M	0.63%
38	NVIDIA CORPORATION	NVDA	17,128	$3.2M	0.61%
39	INVESCO EXCH TRADED FD TR II	IVZ	128,319	$3.2M	0.60%
40	BERKSHIRE HATHAWAY INC DEL	BRK-A	4	$3.0M	0.57%
41	INVESCO EXCH TRADED FD TR II	IVZ	22,981	$2.8M	0.54%
42	SPDR SERIES TRUST	78464A359	30,188	$2.8M	0.52%
43	COSTCO WHSL CORP NEW	22160K105	2,793	$2.6M	0.49%
44	ALPHABET INC	GOOG	10,029	$2.5M	0.47%
45	SCHWAB STRATEGIC TR	808524771	92,763	$2.5M	0.46%
46	ISHARES TR	464287465	26,029	$2.5M	0.46%
47	ISHARES TR	464287564	38,374	$2.4M	0.45%
48	SPDR SERIES TRUST	78468R200	73,650	$2.3M	0.43%
49	SCHWAB STRATEGIC TR	808524789	86,927	$2.2M	0.43%
50	VANGUARD CHARLOTTE FDS	92203J407	45,191	$2.2M	0.42%
51	ISHARES TR	464287507	32,033	$2.1M	0.40%
52	ISHARES TR	464287804	17,408	$2.1M	0.39%
53	SCHWAB STRATEGIC TR	808524870	76,222	$2.1M	0.39%
54	SPDR SERIES TRUST	78468R721	44,291	$2.0M	0.38%
55	VANGUARD INDEX FDS	922908744	10,360	$1.9M	0.37%
56	JOHNSON & JOHNSON	JNJ	9,605	$1.8M	0.34%
57	ESSENTIAL UTILS INC	29670G102	45,318	$1.8M	0.33%
58	FIDELITY COVINGTON TRUST	316092857	62,318	$1.7M	0.33%
59	H2O AMERICA	HTO	36,238	$1.7M	0.32%
60	AMER STATES WTR CO	029899101	23,673	$1.7M	0.32%
61	AMERICAN WTR WKS CO INC NEW	030420103	12,234	$1.7M	0.32%
62	CALIFORNIA WTR SVC GROUP	130788102	36,140	$1.6M	0.31%
63	LEGGETT & PLATT INC	LEG	177,969	$1.6M	0.30%
64	VANGUARD INDEX FDS	922908769	4,815	$1.6M	0.30%
65	SCHWAB STRATEGIC TR	808524730	42,271	$1.5M	0.29%
66	JPMORGAN CHASE & CO.	VYLD	4,556	$1.4M	0.27%
67	ISHARES TR	46432F842	16,070	$1.4M	0.27%
68	ISHARES TR	46429B663	11,486	$1.4M	0.27%
69	PIMCO ETF TR	72201R817	13,961	$1.4M	0.26%
70	META PLATFORMS INC	META	1,914	$1.4M	0.26%
71	ABBOTT LABS	ABLZF	9,892	$1.3M	0.25%
72	GAMESTOP CORP NEW	GME-WT	46,650	$1.3M	0.24%
73	SPDR SERIES TRUST	78468R796	22,782	$1.3M	0.24%
74	VANGUARD INTL EQUITY INDEX F	922042858	22,170	$1.2M	0.23%
75	SPDR SERIES TRUST	78464A664	42,813	$1.2M	0.22%
76	ABBVIE INC	ABBV	4,656	$1.1M	0.22%
77	VANGUARD WORLD FD	921910733	9,457	$1.1M	0.21%
78	DUKE ENERGY CORP NEW	DUKB	9,111	$1.1M	0.21%
79	ISHARES TR	464287689	2,902	$1.1M	0.21%
80	EXXON MOBIL CORP	XOM	9,710	$1.1M	0.21%
81	TESLA INC	TSLA	2,358	$1.1M	0.21%
82	CAPITAL GROUP INTL FOCUS EQT	14019W109	35,614	$1.1M	0.20%
83	S&P GLOBAL INC	SPGI	2,120	$1.0M	0.19%
84	MERCK & CO INC	MRK	11,327	$1.0M	0.19%
85	INTERNATIONAL BUSINESS MACHS	INTR	3,436	$984,380	0.19%
86	PROCTER AND GAMBLE CO	742718109	6,371	$975,897	0.19%
87	HOME DEPOT INC	HD	2,335	$927,169	0.18%
88	J P MORGAN EXCHANGE TRADED F	46654Q757	12,167	$923,607	0.18%
89	GENERAL DYNAMICS CORP	GD	2,609	$888,979	0.17%
90	SOUTHERN CO	SOMN	8,069	$764,941	0.15%
91	VERIZON COMMUNICATIONS INC	VZ	16,910	$741,170	0.14%
92	ISHARES TR	464287309	6,018	$729,581	0.14%
93	ORACLE CORP	ORCL-PD	2,524	$729,533	0.14%
94	CSW INDUSTRIALS INC	CSW	2,815	$709,943	0.13%
95	DIMENSIONAL ETF TRUST	25434V807	14,767	$683,417	0.13%
96	CATERPILLAR INC	CAT	1,388	$667,619	0.13%
97	SPDR INDEX SHS FDS	78470E106	13,309	$661,278	0.13%
98	ISHARES TR	464287655	2,582	$626,083	0.12%
99	PALANTIR TECHNOLOGIES INC	PLTR	3,354	$620,322	0.12%
100	VISA INC	V	1,781	$619,472	0.12%
101	ISHARES TR	464287176	5,489	$610,487	0.12%
102	DBX ETF TR	233051150	9,602	$592,393	0.11%
103	WALMART INC	WMT	5,706	$581,816	0.11%
104	VANGUARD INDEX FDS	922908736	1,188	$572,370	0.11%
105	BROADCOM INC	AVGO	1,672	$557,261	0.11%
106	CHEVRON CORP NEW	CVX	3,550	$548,759	0.10%
107	VANGUARD INTL EQUITY INDEX F	922042742	3,954	$547,669	0.10%
108	GE AEROSPACE	369604301	1,812	$545,233	0.10%
109	TRAVELERS COMPANIES INC	TRV	1,944	$538,955	0.10%
110	VANGUARD INTL EQUITY INDEX F	922042775	7,456	$536,443	0.10%
111	CISCO SYS INC	CSCO	7,788	$535,398	0.10%
112	SCHWAB STRATEGIC TR	808524748	11,927	$532,063	0.10%
113	KIRBY CORP	KEX	6,278	$527,980	0.10%
114	VALERO ENERGY CORP	VLO	3,120	$523,088	0.10%
115	SPDR SERIES TRUST	78464A656	19,735	$518,840	0.10%
116	ISHARES TR	464288828	9,945	$490,686	0.09%
117	COCA COLA CO	KO	7,170	$478,783	0.09%
118	QUALCOMM INC	QCOM	2,671	$444,669	0.08%
119	AMGEN INC	AMGN	1,472	$439,392	0.08%
120	ISHARES TR	464288687	13,652	$433,247	0.08%
121	ISHARES TR	46429B333	9,679	$429,506	0.08%
122	VANGUARD MUN BD FDS	922907746	8,559	$427,864	0.08%
123	ISHARES TR	46435GAA0	17,562	$425,527	0.08%
124	NEXTERA ENERGY INC	NEE-PW	5,321	$418,578	0.08%
125	NUSHARES ETF TR	NU	8,978	$397,793	0.08%
126	ISHARES TR	464287556	2,582	$383,395	0.07%
127	VANGUARD SPECIALIZED FUNDS	921908844	1,696	$367,987	0.07%
128	ISHARES TR	46429B655	7,216	$367,294	0.07%
129	DISNEY WALT CO	254687106	3,243	$366,282	0.07%
130	TEXAS INSTRS INC	882508104	1,951	$351,941	0.07%
131	PAYCHEX INC	PAYX	2,807	$348,096	0.07%
132	INTEL CORP	INTC	9,612	$345,453	0.07%
133	PEPSICO INC	PEP	2,410	$344,920	0.07%
134	SHOPIFY INC	SHOP	2,230	$333,541	0.06%
135	SELECT SECTOR SPDR TR	81369Y506	3,674	$328,271	0.06%
136	LOCKHEED MARTIN CORP	LMT	658	$328,268	0.06%
137	SPDR SERIES TRUST	78464A409	3,119	$327,339	0.06%
138	SCHWAB STRATEGIC TR	808524839	13,497	$316,505	0.06%
139	VANGUARD WORLD FD	92204A702	395	$297,245	0.06%
140	ISHARES TR	46436E551	6,693	$293,793	0.06%
141	ADOBE INC	ADBE	828	$284,600	0.05%
142	COLGATE PALMOLIVE CO	CL	3,584	$283,172	0.05%
143	ISHARES TR	46435U440	5,888	$282,925	0.05%
144	INVESCO EXCH TRADED FD TR II	IVZ	14,945	$278,425	0.05%
145	AT&T INC	T-PC	10,077	$277,609	0.05%
146	BOEING CO	BA-PA	1,287	$276,962	0.05%
147	KIMBERLY-CLARK CORP	KMB	2,210	$272,392	0.05%
148	PROGRESSIVE CORP	743315103	1,097	$270,424	0.05%
149	CAMDEN NATL CORP	133034108	7,067	$269,747	0.05%
150	RTX CORPORATION	RTX	1,611	$269,301	0.05%
151	STRATEGY INC	STRK	786	$265,990	0.05%
152	AMERICAN EXPRESS CO	AXP	787	$258,559	0.05%
153	SNOWFLAKE INC	SNOW	1,116	$257,294	0.05%
154	MORGAN STANLEY	MS-PQ	1,594	$250,161	0.05%
155	AIRBNB INC	ABNB	2,036	$249,044	0.05%
156	PFIZER INC	PFE	9,019	$245,407	0.05%
157	WASTE MGMT INC DEL	94106L109	1,075	$236,461	0.04%
158	HUBSPOT INC	HUBS	537	$236,414	0.04%
159	TRANE TECHNOLOGIES PLC	TT	554	$235,796	0.04%
160	HONEYWELL INTL INC	438516106	1,113	$234,013	0.04%
161	MCDONALDS CORP	MCD	762	$229,087	0.04%
162	EDISON INTL	281020107	3,983	$224,163	0.04%
163	BANK AMERICA CORP	060505104	4,356	$220,762	0.04%
164	ISHARES TR	464288117	5,138	$219,084	0.04%
165	VANGUARD ADMIRAL FDS INC	921932703	1,074	$214,811	0.04%
166	MICRON TECHNOLOGY INC	MU	1,162	$211,658	0.04%
167	SELECT SECTOR SPDR TR	81369Y605	3,936	$210,130	0.04%
168	ISHARES TR	46429B671	3,160	$209,350	0.04%
169	EXPEDIA GROUP INC	EXPE	960	$209,232	0.04%
170	NUSHARES ETF TR	NU	9,274	$208,073	0.04%
171	SPDR INDEX SHS FDS	78470E205	4,889	$206,019	0.04%
172	LINDE PLC	LIN	430	$200,612	0.04%
173	PG&E CORP	PCG-PX	11,497	$180,043	0.03%
174	ADT INC DEL	ADT	11,927	$103,526	0.02%