FIRST NATIONAL CORP /MA/ /ADV

Filed: 7/8/2025ACC: 0001951757-25-000583

📋 What this filing means

FIRST NATIONAL CORP /MA/ /ADV filed this quarterly 13F‑HR report disclosing 163 equity positions with a total reported market value of $496.05M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

163

Positions

$496.05M

Total AUM (reported)

8.65M

Total Shares

Allocation by class

COM$68.57M13.8%

TR UNIT$31.83M6.4%

FLOATNG RAT TREA$25.14M5.1%

US BRD MKT ETF$23.34M4.7%

GOLD SHS$18.47M3.7%

US LRG CAP ETF$17.71M3.6%

US DIVIDEND EQ$15.65M3.2%

Portfolio Concentration

Top 3$80.31M16.2%

4–10$109.61M22.1%

11–25$139.93M28.2%

Rest$166.19M33.5%

Top 3 weight

16.2%

Top 10 weight

38.3%

Voting Authority Distribution

Total shares with voting rights: 8.65M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

8.65M

% of voting shares100.0%

Investment Discretion (by position count)

Sole163

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings163

Rows:

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares51.51K

TypeSH

Market value$31.83M

6.42%

Sole

0.00

Shared

0.00

None

51.51K

WISDOMTREE TR

SOLE

FLOATNG RAT TREA

Shares499.75K

TypeSH

Market value$25.14M

5.07%

Sole

0.00

Shared

0.00

None

499.75K

SCHWAB STRATEGIC TR

SOLE

US BRD MKT ETF

Shares979.60K

TypeSH

Market value$23.34M

4.71%

Sole

0.00

Shared

0.00

None

979.60K

SPDR GOLD TR

SOLE

GOLD SHS

Shares60.58K

TypeSH

Market value$18.47M

3.72%

Sole

0.00

Shared

0.00

None

60.58K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares724.71K

TypeSH

Market value$17.71M

3.57%

Sole

0.00

Shared

0.00

None

724.71K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares590.57K

TypeSH

Market value$15.65M

3.15%

Sole

0.00

Shared

0.00

None

590.57K

SCHWAB STRATEGIC TR

SOLE

US MID-CAP ETF

Shares554.83K

TypeSH

Market value$15.56M

3.14%

Sole

0.00

Shared

0.00

None

554.83K

SCHWAB STRATEGIC TR

SOLE

US SML CAP ETF

Shares575.87K

TypeSH

Market value$14.57M

2.94%

Sole

0.00

Shared

0.00

None

575.87K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares49.87K

TypeSH

Market value$13.95M

2.81%

Sole

0.00

Shared

0.00

None

49.87K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares138.08K

TypeSH

Market value$13.70M

2.76%

Sole

0.00

Shared

0.00

None

138.08K

APPLE INC

SOLE

COM

Shares62.16K

TypeSH

Market value$12.75M

2.57%

Sole

0.00

Shared

0.00

None

62.16K

PROSHARES TR

SOLE

SHORT S&P 500 NE

Shares309.61K

TypeSH

Market value$12.29M

2.48%

Sole

0.00

Shared

0.00

None

309.61K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares51.55K

TypeSH

Market value$12.22M

2.46%

Sole

0.00

Shared

0.00

None

51.55K

ISHARES TR

SOLE

CR 5 10 YR ETF

Shares259.69K

TypeSH

Market value$11.33M

2.28%

Sole

0.00

Shared

0.00

None

259.69K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares18.85K

TypeSH

Market value$10.40M

2.10%

Sole

0.00

Shared

0.00

None

18.85K

PROSHARES TR

SOLE

PSHS ULTRA QQQ

Shares78.87K

TypeSH

Market value$9.28M

1.87%

Sole

0.00

Shared

0.00

None

78.87K

PIMCO ETF TR

SOLE

ENHNCD LW DUR AC

Shares93.70K

TypeSH

Market value$8.98M

1.81%

Sole

0.00

Shared

0.00

None

93.70K

PIMCO ETF TR

SOLE

ACTIVE BD ETF

Shares97.41K

TypeSH

Market value$8.98M

1.81%

Sole

0.00

Shared

0.00

None

97.41K

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQT MK

Shares256.99K

TypeSH

Market value$8.88M

1.79%

Sole

0.00

Shared

0.00

None

256.99K

SPDR SERIES TRUST

SOLE

S&P DIVID ETF

Shares63.12K

TypeSH

Market value$8.57M

1.73%

Sole

0.00

Shared

0.00

None

63.12K

ISHARES TR

SOLE

20 YR TR BD ETF

Shares96.22K

TypeSH

Market value$8.49M

1.71%

Sole

0.00

Shared

0.00

None

96.22K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares350.87K

TypeSH

Market value$7.75M

1.56%

Sole

0.00

Shared

0.00

None

350.87K

ISHARES TR

SOLE

CORE DIV GRWTH

Shares113.72K

TypeSH

Market value$7.27M

1.47%

Sole

0.00

Shared

0.00

None

113.72K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares72.92K

TypeSH

Market value$6.49M

1.31%

Sole

0.00

Shared

0.00

None

72.92K

PROSHARES TR

SOLE

PSHS ULTSH 20YRS

Shares177.95K

TypeSH

Market value$6.24M

1.26%

Sole

0.00

Shared

0.00

None

177.95K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SPDR S&P 500 ETF TRSOLE	TR UNIT	51.51K	SH	$31.83M 6.42%	51.51K
WISDOMTREE TRSOLE	FLOATNG RAT TREA	499.75K	SH	$25.14M 5.07%	499.75K
SCHWAB STRATEGIC TRSOLE	US BRD MKT ETF	979.60K	SH	$23.34M 4.71%	979.60K
SPDR GOLD TRSOLE	GOLD SHS	60.58K	SH	$18.47M 3.72%	60.58K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	724.71K	SH	$17.71M 3.57%	724.71K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	590.57K	SH	$15.65M 3.15%	590.57K
SCHWAB STRATEGIC TRSOLE	US MID-CAP ETF	554.83K	SH	$15.56M 3.14%	554.83K
SCHWAB STRATEGIC TRSOLE	US SML CAP ETF	575.87K	SH	$14.57M 2.94%	575.87K
VANGUARD INDEX FDSSOLE	MID CAP ETF	49.87K	SH	$13.95M 2.81%	49.87K
ISHARES TRSOLE	CORE US AGGBD ET	138.08K	SH	$13.70M 2.76%	138.08K
APPLE INCSOLE	COM	62.16K	SH	$12.75M 2.57%	62.16K
PROSHARES TRSOLE	SHORT S&P 500 NE	309.61K	SH	$12.29M 2.48%	309.61K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	51.55K	SH	$12.22M 2.46%	51.55K
ISHARES TRSOLE	CR 5 10 YR ETF	259.69K	SH	$11.33M 2.28%	259.69K
INVESCO QQQ TRSOLE	UNIT SER 1	18.85K	SH	$10.40M 2.10%	18.85K
PROSHARES TRSOLE	PSHS ULTRA QQQ	78.87K	SH	$9.28M 1.87%	78.87K
PIMCO ETF TRSOLE	ENHNCD LW DUR AC	93.70K	SH	$8.98M 1.81%	93.70K
PIMCO ETF TRSOLE	ACTIVE BD ETF	97.41K	SH	$8.98M 1.81%	97.41K
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQT MK	256.99K	SH	$8.88M 1.79%	256.99K
SPDR SERIES TRUSTSOLE	S&P DIVID ETF	63.12K	SH	$8.57M 1.73%	63.12K
ISHARES TRSOLE	20 YR TR BD ETF	96.22K	SH	$8.49M 1.71%	96.22K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	350.87K	SH	$7.75M 1.56%	350.87K
ISHARES TRSOLE	CORE DIV GRWTH	113.72K	SH	$7.27M 1.47%	113.72K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	72.92K	SH	$6.49M 1.31%	72.92K
PROSHARES TRSOLE	PSHS ULTSH 20YRS	177.95K	SH	$6.24M 1.26%	177.95K

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