HANOVER ADVISORS INC
CIK 914973 · View on SEC EDGAR ↗
- Portfolio value
- $277.6M
- Positions
- 122
- As of
- June 30, 2026
#5,408 of 9,443 by 13F value · top 57.3%
Portfolio value QoQ: +12.8% 13F does not disclose cash
- Top 10 holdings weight
- 67.76%
- Top 25 holdings weight
- 80.56%
- Positions above 1%
- 14
- Effective number of positions
- 10.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.87% Est. buys $17,631,632 · sells $7,523,328
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 85.3% still held
- New positions
- 12
- Increased
- 39
- Decreased
- 37
- Closed
- 8
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
0.9%
Real Estate
0.9%
Consumer Discretionary
0.8%
Consumer Staples
0.7%
Packaging
0.6%
Retail
0.6%
Financials
0.6%
Energy
0.4%
Communication Services
0.2%
Health Care
0.2%
Financial Services
0.1%
Industrials
0.1%
Other/Unmapped
94.1%
Full portfolio 122 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VTI | $67,629,843 | 24.36% | 182,764 | $8,515,147 | Down ×6 | ||
| SPY SPY | $44,542,777 | 16.04% | 59,647 | $5,774,546 | Up ×2 | ||
| VIG | $19,167,147 | 6.90% | 81,004 | $1,401,918 | Down ×6 | ||
| IWV | $16,146,475 | 5.82% | 37,867 | $1,995,677 | Down ×5 | ||
| AOR | $8,435,514 | 3.04% | 121,374 | $4,081,909 | Up ×1 | ||
| MDY | $7,826,901 | 2.82% | 11,128 | $963,708 | |||
| BIV | $7,700,158 | 2.77% | 100,393 | $-406,767 | Down ×1 | ||
| BIL | $5,631,048 | 2.03% | 61,447 | $-1,767,815 | Down ×6 | ||
| VOO | $5,573,063 | 2.01% | 8,114 | $706,366 | Down ×3 | ||
| VBIL Vanguard 0-3 Month Treasury Bill ETF | $5,471,367 | 1.97% | 72,296 | $-240,603 | Down ×4 | ||
| VYM | $4,870,647 | 1.75% | 30,821 | $290,355 | Down ×1 | ||
| AOA | $4,853,880 | 1.75% | 49,732 | $2,317,816 | Up ×1 | ||
| VUG | $3,867,255 | 1.39% | 44,895 | $539,352 | Up ×2 | ||
| VGT | $2,854,520 | 1.03% | 23,883 | $751,592 | Up ×1 | ||
| VTV | $2,474,159 | 0.89% | 11,353 | $245,916 | Down ×1 | ||
| IXN | $2,068,087 | 0.74% | 14,314 | $658,110 | Up ×4 | ||
| AIRR First Trust RBA American Industrial Renaissance ETF | $1,918,267 | 0.69% | 14,396 | $343,197 | Up ×5 | ||
| TSLA Tesla, Inc. - Common Stock | $1,736,405 | 0.63% | 4,128 | $275,427 | Up ×3 | ||
| ARKG | $1,674,888 | 0.60% | 39,821 | $539,753 | Down ×1 | ||
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | $1,657,644 | 0.60% | 84,509 | $960 | Up ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $1,649,618 | 0.59% | 20,298 | $105,955 | |||
| PKG Packaging Corporation of America Common Stock | $1,530,472 | 0.55% | 6,423 | $167,383 | |||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $1,507,679 | 0.54% | 30,016 | $23,390 | Up ×2 | ||
| VNQ | $1,433,063 | 0.52% | 14,861 | $135,649 | Up ×1 | ||
| VTEB | $1,425,648 | 0.51% | 28,186 | $19,448 | |||
| VEA | $1,413,849 | 0.51% | 19,844 | $45,132 | Down ×3 | ||
| BRKB | $1,390,083 | 0.50% | 2,778 | $-78,186 | Down ×1 | ||
| EMXC iShares MSCI Emerging Markets ex China ETF | $1,373,787 | 0.49% | 13,429 | $307,865 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $1,365,999 | 0.49% | 3,662 | $13,028 | Up ×1 | ||
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | $1,271,306 | 0.46% | 62,426 | $-3,620 | |||
| VIS | $1,246,194 | 0.45% | 3,458 | $149,365 | Down ×2 | ||
| QLTA | $1,233,453 | 0.44% | 25,957 | $-256,899 | Down ×1 | ||
| AOM | $1,175,867 | 0.42% | 23,569 | $-372,943 | Down ×3 | ||
| BSCQ Invesco BulletShares 2026 Corporate Bond ETF | $1,149,749 | 0.41% | 58,886 | $-44,335 | Down ×3 | ||
| AGG | $1,036,438 | 0.37% | 10,471 | $225,998 | Up ×1 | ||
| IEF iShares 7-10 Year Treasury Bond ETF | $1,034,785 | 0.37% | 10,942 | $-103,814 | Down ×6 | ||
| DFUS | $1,017,941 | 0.37% | 12,423 | $138,870 | Up ×1 | ||
| XLK XLK | $1,015,091 | 0.37% | 5,328 | $307,000 | |||
| BSCT Invesco BulletShares 2029 Corporate Bond ETF | $999,781 | 0.36% | 53,824 | $-29,433 | Down ×1 | ||
| VGIT Vanguard Intermediate-Term Treasury ETF | $951,524 | 0.34% | 16,133 | $-9,196 | |||
| IWF | $928,295 | 0.33% | 7,476 | $131,353 | Up ×1 | ||
| VOX | $891,971 | 0.32% | 4,849 | $6,439 | Down ×2 | ||
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | $890,657 | 0.32% | 53,509 | $-25,683 | Down ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $807,667 | 0.29% | 2,290 | $50,233 | Down ×1 | ||
| IVOO | $791,919 | 0.29% | 6,073 | $33,634 | Down ×1 | ||
| DFSV | $770,292 | 0.28% | 19,858 | $81,406 | Up ×4 | ||
| DFEV | $761,608 | 0.27% | 17,850 | $98,605 | Down ×1 | ||
| TPL Texas Pacific Land Corporation Common Stock | $749,289 | 0.27% | 1,712 | Up ×1 | |||
| BRKA | $748,850 | 0.27% | 1 | $30,710 | |||
| ARKK | $739,503 | 0.27% | 9,150 | $121,054 | |||
| BAC Bank of America Corporation Common Stock | $730,313 | 0.26% | 12,817 | $105,484 | |||
| KBWB Invesco KBW Bank ETF | $723,570 | 0.26% | 7,782 | $105,880 | Down ×1 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $695,353 | 0.25% | 5,960 | $-174,867 | Up ×1 | ||
| BSCV Invesco BulletShares 2031 Corporate Bond ETF | $674,800 | 0.24% | 41,184 | $101,811 | Up ×6 | ||
| DON | $670,928 | 0.24% | 11,871 | $47,245 | |||
| IWD | $660,379 | 0.24% | 2,724 | $-109,688 | Down ×1 | ||
| DFIV | $657,802 | 0.24% | 12,177 | $15,100 | |||
| KBE KBE | $636,834 | 0.23% | 9,335 | $40,798 | Down ×1 | ||
| XSD | $635,552 | 0.23% | 1,019 | $314,324 | Up ×1 | ||
| DISV | $623,379 | 0.22% | 15,534 | $10,718 | |||
| HPP Hudson Pacific Properties, Inc. Common Stock | $592,942 | 0.21% | 39,035 | Up ×1 | |||
| VFH | $584,014 | 0.21% | 4,438 | $30,583 | Down ×1 | ||
| HYBL | $572,444 | 0.21% | 20,481 | $9,129 | Up ×1 | ||
| IVOV | $568,639 | 0.20% | 4,985 | $42,271 | Down ×2 | ||
| GNR | $550,730 | 0.20% | 8,182 | $-60,220 | |||
| VXF | $522,704 | 0.19% | 2,123 | $85,791 | |||
| COST Costco Wholesale Corporation - Common Stock | $522,015 | 0.19% | 558 | $-31,005 | Up ×1 | ||
| BSCW Invesco BulletShares 2032 Corporate Bond ETF | $499,480 | 0.18% | 24,353 | $-1,897 | |||
| XLE XLE | $498,031 | 0.18% | 9,377 | $-84,572 | Down ×2 | ||
| DFAS | $485,971 | 0.18% | 5,902 | $72,919 | Up ×4 | ||
| MCFT MasterCraft Boat Holdings, Inc. - Common Stock | $468,039 | 0.17% | 18,127 | Up ×1 | |||
| GOOG Alphabet Inc. - Class C Capital Stock | $466,400 | 0.17% | 1,320 | $108,972 | Up ×1 | ||
| VEU | $456,521 | 0.16% | 5,451 | $51,807 | Up ×4 | ||
| DFAC | $448,657 | 0.16% | 10,114 | $55,627 | |||
| SGOV iShares 0-3 Month Treasury Bond ETF | $447,639 | 0.16% | 4,447 | $-108,508 | Down ×1 | ||
| DUHP | $443,673 | 0.16% | 10,632 | $60,193 | Up ×1 | ||
| GMED Globus Medical, Inc. Class A Common Stock | $440,876 | 0.16% | 5,580 | $-39,897 | |||
| HDV | $438,423 | 0.16% | 15,995 | $4,255 | Up ×1 | ||
| NLY Annaly Capital Management Inc. Common Stock | $434,410 | 0.16% | 19,428 | Up ×1 | |||
| XLI XLI | $432,697 | 0.16% | 2,336 | $52,955 | Down ×1 | ||
| DFAI | $398,228 | 0.14% | 9,654 | $3,135 | Down ×1 | ||
| WPC W. P. Carey Inc. REIT | $395,252 | 0.14% | 5,528 | Up ×1 | |||
| AAPL Apple Inc. - Common Stock | $392,083 | 0.14% | 1,355 | $88,804 | Up ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $391,159 | 0.14% | 1,195 | $39,638 | |||
| DFAT | $391,091 | 0.14% | 5,595 | $41,683 | |||
| MAC Macerich Company (The) Common Stock | $386,274 | 0.14% | 15,334 | $108,161 | Up ×2 | ||
| VOOV | $368,273 | 0.13% | 1,680 | $25,906 | |||
| OEF | $347,577 | 0.13% | 950 | $45,410 | |||
| NTRS Northern Trust Corporation - Common Stock | $335,164 | 0.12% | 1,928 | $105,571 | Up ×1 | ||
| IBDU | $326,199 | 0.12% | 14,085 | $59,756 | Up ×2 | ||
| BSV | $312,622 | 0.11% | 4,013 | $-2,006 | |||
| GLD | $310,544 | 0.11% | 843 | $-52,190 | |||
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $309,111 | 0.11% | 3,740 | $-1,284 | Down ×1 | ||
| VDE | $308,133 | 0.11% | 2,052 | $-47,464 | Down ×2 | ||
| WMT Walmart Inc. - Common Stock | $306,935 | 0.11% | 2,710 | $-9,979 | Up ×1 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $287,037 | 0.10% | 3,632 | $-872 | |||
| SHY iShares 1-3 Year Treasury Bond ETF | $280,652 | 0.10% | 3,418 | $-1,572 | |||
| DFIS | $278,664 | 0.10% | 7,955 | $10,819 | |||
| SSB SouthState Bank Corporation Common Stock | $277,722 | 0.10% | 2,780 | $20,516 | |||
| DFEM | $267,818 | 0.10% | 6,590 | $-463 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| TPL | $749,289 | 1,712 | 0.27% |
| HPP | $592,942 | 39,035 | 0.21% |
| MCFT | $468,039 | 18,127 | 0.17% |
| NLY | $434,410 | 19,428 | 0.16% |
| WPC | $395,252 | 5,528 | 0.14% |
| VNO | $260,488 | 6,628 | 0.09% |
| DFAE | $227,790 | 5,665 | 0.08% |
| EWJ | $227,206 | 2,436 | 0.08% |
| VOOG | $211,783 | 2,563 | 0.08% |
| ESS | $204,696 | 702 | 0.07% |
| RKLB | $203,300 | 2,000 | 0.07% |
| EFA | $202,670 | 1,951 | 0.07% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VTI | Trimmed | -2K | +$8.5M |
| SPY | Bought more | +35 | +$5.8M |
| AOR | Bought more | +54K | +$4.1M |
| AOA | Bought more | +21K | +$2.3M |
| IWV | Trimmed | -308 | +$2.0M |
| BIL | Trimmed | -19K | -$1.8M |
| VIG | Trimmed | -2K | +$1.4M |
| MDY | Price move only | +0 | +$964K |
| VGT | Bought more | +21K | +$752K |
| VOO | Trimmed | -30 | +$706K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| BSCP | Dec. 31, 2025 | 94,369 | $1,952,495 | No longer tracked |
| VICI | June 30, 2025 | 25,507 | $832,038 | -18.8% |
| MPX | June 30, 2026 | 78,135 | $568,041 | No longer tracked |
| BLV | Dec. 31, 2025 | 7,446 | $527,535 | No longer tracked |
| SCHB | June 30, 2025 | 23,061 | $496,503 | No longer tracked |
| V | June 30, 2026 | 1,323 | $399,864 | 7.1% |
| SHV | Dec. 31, 2025 | 2,993 | $330,697 | |
| GLPI | June 30, 2026 | 6,765 | $300,163 | -2.8% |
| DLR | March 31, 2026 | 1,727 | $267,184 | 6.6% |
| SSBXXXX | Sept. 30, 2025 | 2,780 | $255,843 | No longer tracked |
| BNDX | June 30, 2026 | 5,071 | $243,662 | |
| BND | Dec. 31, 2025 | 3,230 | $240,215 | |
| ARCC | June 30, 2025 | 10,839 | $240,192 | -9.5% |
| VNO | Dec. 31, 2025 | 5,844 | $236,857 | 14.8% |
| UCB | March 31, 2025 | 7,059 | $228,076 | 26.8% |
| FR | June 30, 2026 | 3,942 | $228,045 | 2.5% |
| DFIC | June 30, 2026 | 6,306 | $224,052 | No longer tracked |
| RXST | March 31, 2025 | 6,498 | $223,401 | -75.6% |
| CVNA | March 31, 2026 | 475 | $200,460 | -77.7% |
| COLD | March 31, 2026 | 13,194 | $169,675 | 31.3% |
| PK | March 31, 2025 | 10,847 | $152,617 | 46.9% |
| ESRT | June 30, 2025 | 11,305 | $88,405 | -39.2% |
| ESRT | June 30, 2026 | 16,215 | $84,318 | -9.1% |
| PDM | June 30, 2026 | 12,366 | $81,245 | 5.2% |