Institutional Manager · CIK 0001692227

Norway Savings Bank

NORWAY, ME · File #028-17602

Latest AUM

$216.2M

Positions

177

Top-10 Concentration

43.0%

Filings

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	Marsh & McLennan Companies Inc	571748102	+5,749	+$1.1M	-$400
ADD	Verizon Communications	VZ	+14,614	+$595,228	-$81
ADD	Lilly Eli & Co	LLY	+534	+$573,879	+$1.5M
NEW	KKR & Co. Inc	KKRT	+2,863	+$364,975	$0
REDUCE	M&T Bank Corporation	55261F104	-550	-$110,814	+$17,737
REDUCE	Zoetis Inc	ZTS	-870	-$109,463	-$51,209
ADD	Visa Inc	V	+268	+$93,990	+$30,071
ADD	Broadcom Inc	AVGO	+265	+$91,717	+$18,942
ADD	Ishares Core Dividend Growth	46434V621	+1,302	+$90,385	+$63,863
ADD	GSK PLC	GLAXF	+1,412	+$69,244	+$60,070

Sector Allocation

Technology

25.9%$56.1M

Healthcare

8.0%$17.2M

Consumer Discretionary

5.1%$11.0M

Energy

4.2%$9.1M

Financials

3.9%$8.5M

Industrials

3.4%$7.3M

Communication Services

2.0%$4.4M

Consumer Staples

1.6%$3.5M

Filing History

Jan 8, 202613F HOLDINGS REPORTQ/E Dec 2025177 pos · $216.2M
Oct 7, 202513F HOLDINGS REPORTQ/E Sep 2025176 pos · $206.8M
Jul 2, 202513F HOLDINGS REPORTQ/E Jun 2025177 pos · $194.7M
Apr 22, 202513F HOLDINGS REPORTQ/E Mar 2025183 pos · $175.9M
Jan 7, 202513F HOLDINGS REPORTQ/E Dec 2024184 pos · $180.5M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 2024185 pos · $184.4M
Jul 12, 202413F HOLDINGS REPORTQ/E Jun 2024176 pos · $175.4M
Apr 16, 202413F HOLDINGS REPORTQ/E Mar 2024136 pos · $239.6M
Oct 23, 202313F HOLDINGS REPORTQ/E Dec 2023133 pos · $202.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Alphabet Inc-CL A	GOOG	37,132	$11.6M	6.44%
2	Apple Inc.	AAPL	40,532	$11.0M	6.10%
3	Microsoft Corp.	MSFT	18,523	$9.0M	4.96%
4	NVIDIA Corp	NVDA	45,499	$8.5M	4.70%
5	J.P. Morgan Chase & Co	VYLD	22,826	$7.4M	4.07%
6	Amazon.com Inc	AMZN	31,001	$7.2M	3.96%
7	Amphenol Corp	032095101	48,199	$6.5M	3.61%
8	iShares MSCI Emerging Markets Ex China ETF	46434G764	77,747	$5.7M	3.13%
9	Lilly Eli & Co	LLY	5,234	$5.6M	3.11%
10	Palo Alto Networks Inc	PANW	28,789	$5.3M	2.94%
11	Oracle Corp.	ORCL-PD	26,246	$5.1M	2.83%
12	SPDR Portfolio Developed World ex-US ETF	78463X889	99,777	$4.4M	2.45%
13	Berkshire Hathaway Inc Cl B	BRK-A	8,659	$4.4M	2.41%
14	Meta Platforms Inc.	META	5,818	$3.8M	2.13%
15	Abbott Labs	ABLZF	29,800	$3.7M	2.07%
16	Analog Devices Inc.	ADI	13,436	$3.6M	2.02%
17	Costco Wholesale Corp	22160K105	4,156	$3.6M	1.98%
18	Ishares Core Dividend Growth	46434V621	48,961	$3.4M	1.88%
19	Chevron Corp	CVX	20,928	$3.2M	1.77%
20	Advanced Micro Devices Inc	AMD	14,684	$3.1M	1.74%