Institutional Manager · CIK 0001875768

PENOBSCOT WEALTH MANAGEMENT

PORTLAND, ME · File #028-21311

Latest AUM

$323.5M

Positions

105

Top-10 Concentration

71.6%

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	DIMENSIONAL ETF TRUST	25434V583	+51,486	+$2.8M	-$1.2M
ADD	SPDR SERIES TRUST	78464A854	+17,118	+$1.4M	+$1.4M
EXITED	ISHARES TR	46434V407	-28,865	-$1.2M	$0
ADD	ISHARES TR	46435G672	+17,220	+$861,171	-$333,152
ADD	VANGUARD TAX-MANAGED FDS	921943858	+13,588	+$848,842	+$1.5M
ADD	SELECT SECTOR SPDR TR	81369Y803	+5,824	+$838,475	-$703,887
ADD	SELECT SECTOR SPDR TR	81369Y886	+18,250	+$779,099	-$801,043
EXITED	ISHARES TR	464288281	-7,538	-$717,554	$0
ADD	J P MORGAN EXCHANGE TRADED F	46654Q609	+4,506	+$418,159	-$91,999
ADD	DIMENSIONAL ETF TRUST	25434V302	+11,832	+$385,369	+$132,212

Sector Allocation

1.9%$6.3M

1.8%$5.7M

0.4%$1.5M

0.3%$859,840

Consumer Discretionary

0.2%$649,297

Communication Services

0.1%$280,586

Consumer Staples

0.1%$241,209

Filing History

Feb 12, 202613F HOLDINGS REPORTQ/E Dec 2025105 pos · $323.5M
Nov 19, 202513F HOLDINGS REPORTQ/E Sep 2025103 pos · $311.6M
Aug 1, 202513F HOLDINGS REPORTQ/E Jun 202597 pos · $279.3M
Apr 28, 202513F HOLDINGS REPORTQ/E Mar 202591 pos · $237.8M
Feb 10, 202513F HOLDINGS REPORTQ/E Dec 202474 pos · $216,993
Oct 28, 202413F HOLDINGS REPORTQ/E Sep 202476 pos · $185,162
Jul 29, 202413F HOLDINGS REPORTQ/E Jun 202473 pos · $167,996
May 6, 202413F HOLDINGS REPORTQ/E Mar 202475 pos · $158,288
Oct 25, 202313F HOLDINGS REPORTQ/E Dec 202365 pos · $132,007

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78464A854	778,986	$62.5M	20.64%
2	DIMENSIONAL ETF TRUST	25434V583	858,974	$46.4M	15.34%
3	VANGUARD TAX-MANAGED FDS	921943858	593,408	$37.1M	12.24%
4	ISHARES TR	46435G672	290,261	$14.5M	4.79%
5	VANGUARD WORLD FD	92204A702	16,367	$12.3M	4.07%
6	VANGUARD INTL EQUITY INDEX F	922042858	215,513	$11.6M	3.83%
7	J P MORGAN EXCHANGE TRADED F	46654Q609	101,389	$9.4M	3.11%
8	ISHARES TR	46429B747	84,703	$8.7M	2.86%
9	DIMENSIONAL ETF TRUST	25434V799	236,787	$8.2M	2.69%
10	VANGUARD WORLD FD	92204A405	45,192	$6.0M	1.99%
11	VANGUARD INDEX FDS	922908363	7,661	$4.8M	1.59%
12	WORLD GOLD TR	GLDW	54,638	$4.7M	1.54%
13	DIMENSIONAL ETF TRUST	25434V302	138,947	$4.5M	1.49%
14	SPDR SERIES TRUST	78464A508	75,344	$4.3M	1.41%
15	VANGUARD WORLD FD	92204A884	21,835	$4.2M	1.40%
16	VANGUARD WORLD FD	92204A504	12,681	$3.7M	1.21%
17	SCHWAB STRATEGIC TR	808524201	134,459	$3.6M	1.20%
18	INVESCO EXCHANGE TRADED FD T	IVZ	34,729	$3.6M	1.17%
19	FIDELITY COVINGTON TRUST	316092204	34,489	$3.5M	1.16%
20	ISHARES TR	46432F834	37,191	$3.1M	1.04%