Q4 2025 · 13F-HR
HANOVER ADVISORS INCholdings as filed
Filed 2026-02-17 · accession 0000914973-26-000001
$257.6M
Reported value
109
Positions
2025-12-31
Period end
The Brief · HANOVER ADVISORS INC · Q4 2025
AI · grounded in 13F
HANOVER ADVISORS INC established a new position in VTI valued at $62.5M. The fund also initiated new stakes in SPY for $40.3M and VIG for $18.2M. Additional new positions include IWV at $14.8M, BIL at $10M, and BIV at $8.1M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908769 | VTI | VANGUARD INDEX FDS | $62.5M | 24.3% | 186,480 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $40.3M | 15.6% | 59,094 | Common | SOLE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $18.2M | 7.06% | 82,731 | Common | SOLE |
| 464287689 | IWV | ISHARES TR | $14.8M | 5.75% | 38,315 | Common | SOLE |
| 78468R663 | BIL | SPDR SERIES TRUST | $10.0M | 3.89% | 109,520 | Common | SOLE |
| 921937819 | BIV | VANGUARD BD INDEX FDS | $8.1M | 3.14% | 104,013 | Common | SOLE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $6.7M | 2.61% | 11,127 | Common | SOLE |
| 464289867 | AOR | ISHARES TR | $6.5M | 2.53% | 100,435 | Common | SOLE |
| 922040845 | VBIL | VANGUARD INSTL INDEX FD | $6.0M | 2.33% | 79,600 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $5.1M | 1.98% | 8,146 | Common | SOLE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $4.4M | 1.72% | 30,870 | Common | SOLE |
| 464289875 | AOM | ISHARES TR | $3.8M | 1.46% | 78,751 | Common | SOLE |
| 922908736 | VUG | VANGUARD INDEX FDS | $3.7M | 1.43% | 7,549 | Common | SOLE |
| 464289859 | AOA | ISHARES TR | $3.2M | 1.26% | 36,181 | Common | SOLE |
| 92204A702 | VGT | VANGUARD WORLD FD | $2.3M | 0.88% | 3,014 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $2.2M | 0.84% | 4,466 | Common | SOLE |
| 922908744 | VTV | VANGUARD INDEX FDS | $2.1M | 0.83% | 11,142 | Common | SOLE |
| 46138J783 | BSCR | INVESCO EXCH TRD SLF IDX FD | $1.7M | 0.66% | 85,684 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $1.6M | 0.63% | 3,617 | Common | SOLE |
| 46429B291 | QLTA | ISHARES TR | $1.5M | 0.58% | 30,837 | Common | SOLE |
| 464287291 | IXN | ISHARES TR | $1.5M | 0.57% | 13,867 | Common | SOLE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $1.5M | 0.56% | 16,445 | Common | SOLE |
| 922907746 | VTEB | VANGUARD MUN BD FDS | $1.4M | 0.56% | 28,686 | Common | SOLE |
| 922020805 | VTIP | VANGUARD MALVERN FDS | $1.4M | 0.55% | 28,793 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $1.4M | 0.55% | 20,298 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $1.3M | 0.52% | 21,597 | Common | SOLE |
| 695156109 | PKG | PACKAGING CORP AMER | $1.3M | 0.51% | 6,423 | Common | SOLE |
| 46138J643 | BSCS | INVESCO EXCH TRD SLF IDX FD | $1.3M | 0.51% | 63,713 | Common | SOLE |
| 33738R704 | AIRR | FIRST TR EXCHANGE TRADED FD | $1.3M | 0.50% | 13,083 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $1.3M | 0.49% | 2,487 | Common | SOLE |
| 46138J791 | BSCQ | INVESCO EXCH TRD SLF IDX FD | $1.2M | 0.47% | 61,301 | Common | SOLE |
| 464287440 | IEF | ISHARES TR | $1.2M | 0.46% | 12,256 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $1.1M | 0.43% | 6,273 | Common | SOLE |
| 92204A603 | VIS | VANGUARD WORLD FD | $1.1M | 0.42% | 3,643 | Common | SOLE |
| 00214Q302 | ARKG | ARK ETF TR | $1.0M | 0.40% | 35,589 | Common | SOLE |
| 92206C706 | VGIT | VANGUARD SCOTTSDALE FDS | $966,851 | 0.38% | 16,133 | Common | SOLE |
| 92204A884 | VOX | VANGUARD WORLD FD | $958,469 | 0.37% | 4,950 | Common | SOLE |
| 46138J577 | BSCT | INVESCO EXCH TRD SLF IDX FD | $958,363 | 0.37% | 50,882 | Common | SOLE |
| 25434V401 | DFUS | DIMENSIONAL ETF TRUST | $919,485 | 0.36% | 12,397 | Common | SOLE |
| 464287614 | IWF | ISHARES TR | $884,598 | 0.34% | 1,869 | Common | SOLE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $846,976 | 0.33% | 5,883 | Common | SOLE |
| 46138J460 | BSCU | INVESCO EXCH TRD SLF IDX FD | $843,496 | 0.33% | 49,852 | Common | SOLE |
| 464287226 | AGG | ISHARES TR | $816,619 | 0.32% | 8,176 | Common | SOLE |
| 46434G764 | EMXC | ISHARES INC | $811,472 | 0.32% | 11,165 | Common | SOLE |
| 464287598 | IWD | ISHARES TR | $758,065 | 0.29% | 3,604 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $754,800 | 0.29% | 1 | Common | SOLE |
| 921932885 | IVOO | VANGUARD ADMIRAL FDS INC | $741,569 | 0.29% | 6,633 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $719,840 | 0.28% | 13,088 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $703,818 | 0.27% | 9,150 | Common | SOLE |
| 568427108 | MPX | MARINE PRODS CORP | $684,463 | 0.27% | 78,135 | Common | SOLE |
| 25434V740 | DFEV | DIMENSIONAL ETF TRUST | $623,178 | 0.24% | 18,470 | Common | SOLE |
| 25434V815 | DFSV | DIMENSIONAL ETF TRUST | $616,984 | 0.24% | 18,759 | Common | SOLE |
| 97717W505 | DON | WISDOMTREE TR | $612,525 | 0.24% | 11,871 | Common | SOLE |
| 78470P846 | HYBL | SSGA ACTIVE TR | $612,086 | 0.24% | 21,522 | Common | SOLE |
| 25434V781 | DISV | DIMENSIONAL ETF TRUST | $609,520 | 0.24% | 16,040 | Common | SOLE |
| 92204A405 | VFH | VANGUARD WORLD FD | $608,848 | 0.24% | 4,561 | Common | SOLE |
| 46138E628 | KBWB | INVESCO EXCH TRADED FD TR II | $603,095 | 0.23% | 7,155 | Common | SOLE |
| 25434V807 | DFIV | DIMENSIONAL ETF TRUST | $593,161 | 0.23% | 11,887 | Common | SOLE |
| 78464A797 | KBE | SPDR SERIES TRUST | $557,802 | 0.22% | 9,191 | Common | SOLE |
| 46436E718 | SGOV | ISHARES TR | $554,600 | 0.22% | 5,525 | Common | SOLE |
| 46138J429 | BSCV | INVESCO EXCH TRD SLF IDX FD | $534,875 | 0.21% | 32,038 | Common | SOLE |
| 921932844 | IVOV | VANGUARD ADMIRAL FDS INC | $523,838 | 0.20% | 5,186 | Common | SOLE |
| 379577208 | GMED | GLOBUS MED INC | $487,190 | 0.19% | 5,580 | Common | SOLE |
| 46139W858 | BSCW | INVESCO EXCH TRD SLF IDX FD | $482,651 | 0.19% | 23,121 | Common | SOLE |
| 922908652 | VXF | VANGUARD INDEX FDS | $443,962 | 0.17% | 2,123 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $439,380 | 0.17% | 9,827 | Common | SOLE |
| 25434V831 | DUHP | DIMENSIONAL ETF TRUST | $396,729 | 0.15% | 10,432 | Common | SOLE |
| 25434V708 | DFAC | DIMENSIONAL ETF TRUST | $391,545 | 0.15% | 9,890 | Common | SOLE |
| 25434V500 | DFAS | DIMENSIONAL ETF TRUST | $389,246 | 0.15% | 5,587 | Common | SOLE |
| 46429B663 | HDV | ISHARES TR | $389,030 | 0.15% | 3,199 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $375,064 | 0.15% | 1,164 | Common | SOLE |
| 78463X541 | GNR | SPDR INDEX SHS FDS | $365,942 | 0.14% | 5,889 | Common | SOLE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $362,577 | 0.14% | 4,929 | Common | SOLE |
| 921932703 | VOOV | VANGUARD ADMIRAL FDS INC | $344,148 | 0.13% | 1,680 | Common | SOLE |
| 25434V203 | DFAI | DIMENSIONAL ETF TRUST | $338,874 | 0.13% | 8,892 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $336,467 | 0.13% | 849 | Common | SOLE |
| 25434V609 | DFAT | DIMENSIONAL ETF TRUST | $333,126 | 0.13% | 5,595 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $326,551 | 0.13% | 949 | Common | SOLE |
| 464287101 | OEF | ISHARES TR | $325,822 | 0.13% | 950 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $324,873 | 0.13% | 1,195 | Common | SOLE |
| 92204A306 | VDE | VANGUARD WORLD FD | $322,481 | 0.13% | 2,561 | Common | SOLE |
| 921937827 | BSV | VANGUARD BD INDEX FDS | $316,233 | 0.12% | 4,013 | Common | SOLE |
| 92206C870 | VCIT | VANGUARD SCOTTSDALE FDS | $314,146 | 0.12% | 3,751 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $309,657 | 0.12% | 6,929 | Common | SOLE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $307,603 | 0.12% | 1,983 | Common | SOLE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $289,579 | 0.11% | 3,632 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $284,096 | 0.11% | 2,550 | Common | SOLE |
| 464287457 | SHY | ISHARES TR | $283,079 | 0.11% | 3,418 | Common | SOLE |
| 46435UAA9 | IBDS | ISHARES TR | $268,755 | 0.10% | 11,069 | Common | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $267,184 | 0.10% | 1,727 | Common | SOLE |
| 46436E205 | IBDU | ISHARES TR | $266,958 | 0.10% | 11,406 | Common | SOLE |
| 84472E102 | SSB | SOUTHSTATE BK CORP | $261,626 | 0.10% | 2,780 | Common | SOLE |
| 101507101 | STEW | SRH TOTAL RETURN FUND INC | $259,115 | 0.10% | 13,976 | Common | SOLE |
| 554382101 | MAC | MACERICH CO | $258,828 | 0.10% | 14,021 | Common | SOLE |
| 92203J407 | BNDX | VANGUARD CHARLOTTE FDS | $254,308 | 0.10% | 5,263 | Common | SOLE |
| 25434V849 | DFNM | DIMENSIONAL ETF TRUST | $253,711 | 0.10% | 5,267 | Common | SOLE |
| 92203C303 | VUSB | VANGUARD BD INDEX FDS | $249,075 | 0.10% | 4,998 | Common | SOLE |
| 25434V773 | DFIS | DIMENSIONAL ETF TRUST | $244,580 | 0.09% | 7,425 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $240,827 | 0.09% | 1,678 | Common | SOLE |
| 46436E833 | IBTI | ISHARES TR | $236,376 | 0.09% | 10,569 | Common | SOLE |
| 46436E858 | IBTG | ISHARES TR | $235,750 | 0.09% | 10,306 | Common | SOLE |
| 32054K103 | FR | FIRST INDL RLTY TR INC | $234,406 | 0.09% | 4,093 | Common | SOLE |
| 46436E486 | IBDW | ISHARES TR | $230,641 | 0.09% | 10,905 | Common | SOLE |
| 46436E593 | IBTK | ISHARES TR | $226,610 | 0.09% | 11,419 | Common | SOLE |
| 90984P303 | UCB | UNITED CMNTY BKS BLAIRSVLE G | $220,382 | 0.09% | 7,059 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $200,460 | 0.08% | 475 | Common | SOLE |
| 03064D108 | COLD | AMERICOLD REALTY TRUST INC | $169,675 | 0.07% | 13,194 | Common | SOLE |
| 720190206 | PDM | PIEDMONT REALTY TRUST INC | $106,885 | 0.04% | 12,816 | Common | SOLE |
| 00768Y529 | DWSH | ADVISORSHARES TR | $93,013 | 0.04% | 14,443 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.