Institutional Manager · CIK 0001310658
Ledyard National Bank
HANOVER, NH · File #028-11030
Latest AUM
$1.16B
Positions
334
Top-10 Concentration
52.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | VICTORYSHARES FREE CASH FLOW ETF | 92647X830 | +233,685 | +$9.2M | +$317,096 |
| REDUCE | FLEXSHARES MSTAR GLOB UPSTREAM NAT RES ETF | FLEX | -180,810 | -$8.3M | +$375,902 |
| EXITED | TOTALENERGIES SE SPON ADR | 89151E109 | -131,623 | -$7.9M | $0 |
| REDUCE | ADOBE INC | ADBE | -12,775 | -$4.5M | -$35,269 |
| NEW | ALPHA ARCHITECT US EQUITY 2 ETF | 02072Q358 | +68,656 | +$3.4M | $0 |
| ADD | RTX CORPORATION | RTX | +13,943 | +$2.6M | +$4,821 |
| ADD | State Street Technology Select Sector SPDR | 81369Y803 | +16,588 | +$2.4M | -$2.4M |
| ADD | EXELON CORP | EXC | +37,798 | +$1.6M | -$8,702 |
| NEW | UNITED THERAPEUTICS CORP | UTHR | +2,820 | +$1.4M | $0 |
| ADD | FLEXSHARES QUALITY DVD ETF | FLEX | +16,722 | +$1.4M | +$231,529 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025334 pos · $1.16B
- 13F HOLDINGS REPORTQ/E Sep 2025317 pos · $1.12B
- 13F HOLDINGS REPORTQ/E Jun 2025307 pos · $1.06B
- 13F HOLDINGS REPORTQ/E Mar 2025305 pos · $1.01B
- 13F HOLDINGS REPORTQ/E Dec 2024304 pos · $1.06B
- 13F HOLDINGS REPORTQ/E Sep 2024316 pos · $1.09B
- 13F HOLDINGS REPORTQ/E Jun 2024307 pos · $1.03B
- 13F HOLDINGS REPORTQ/E Mar 2024316 pos · $1.03B
- 13F HOLDINGS REPORTQ/E Dec 2023287 pos · $878.4M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES CORE DIVIDEND GROWTH ETF | 46434V621 | 1,221,896 | $84.8M | 9.06% |
| 2 | ISHARES CORE S&P 500 ETF | 464287200 | 117,092 | $80.2M | 8.56% |
| 3 | APPLE INC | AAPL | 232,523 | $63.2M | 6.75% |
| 4 | MICROSOFT CORP | MSFT | 110,137 | $53.3M | 5.69% |
| 5 | ISHARES CORE MSCI EAFE ETF | 46432F842 | 589,693 | $52.8M | 5.63% |
| 6 | BROADCOM INC | AVGO | 125,392 | $43.4M | 4.63% |
| 7 | DIMENSIONAL EMERG CORE EQ MKT ETF | 25434V302 | 992,210 | $32.3M | 3.45% |
| 8 | ALPHABET INC CL A | GOOG | 95,919 | $30.0M | 3.20% |
| 9 | JPMORGAN CHASE & CO | VYLD | 76,560 | $24.7M | 2.63% |
| 10 | ISHARES NATL MUNI BOND ETF | 464288414 | 225,962 | $24.2M | 2.58% |
| 11 | GOLDMAN SACHS ACTIVEBETA INTL EQUITY ETF | NVGLF | 497,338 | $21.4M | 2.28% |
| 12 | DFA SHORT DURA REAL RET PORTFOLIO FUND | 25239Y576 | 2,003,119 | $21.0M | 2.25% |
| 13 | INVESCO KBW BANK PORT ETF | IVZ | 248,828 | $21.0M | 2.24% |
| 14 | SCHWAB US DIVIDEND EQUITY ETF | 808524797 | 759,812 | $20.8M | 2.22% |
| 15 | ISHARES MSCI INTL QUAL FACTOR ETF | 46434V456 | 430,241 | $19.6M | 2.09% |
| 16 | AMAZON COM INC | AMZN | 81,352 | $18.8M | 2.00% |
| 17 | VANGUARD MID CAP VALUE ETF | 922908512 | 102,485 | $18.2M | 1.94% |
| 18 | VICTORYSHARES FREE CASH FLOW ETF | 92647X830 | 402,353 | $15.8M | 1.69% |
| 19 | VISA INC | V | 44,528 | $15.6M | 1.67% |
| 20 | BERKSHIRE HATHAWAY INC B | BRK-A | 30,245 | $15.2M | 1.62% |