Filed: 11/6/2025ACC: 0000914973-25-000006
📋 What this filing means
HANOVER ADVISORS INC filed this quarterly 13F‑HR report disclosing 103 equity positions with a total reported market value of $257.71M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
103
Positions
$257.71M
Total AUM (reported)
2.23M
Total Shares
Allocation by class
TOTAL STK MKT$61.26M23.8%
TR UNIT$39.55M15.3%
DIV APP ETF$18.11M7.0%
RUSSELL 3000 ETF$14.79M5.7%
BLOOMBERG 1-3 MO$13.36M5.2%
COM$11.38M4.4%
INTERMED TERM$8.11M3.1%
Portfolio Concentration
Top 3$118.93M46.1%
4–10$61.90M24.0%
11–25$33.55M13.0%
Rest$43.33M16.8%
Top 3 weight
46.1%
Top 10 weight
70.2%
Voting Authority Distribution
Total shares with voting rights: 2.23M
Sole
Full voting authority
2.23M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole103
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings103
Rows:
VANGUARD INDEX FDS
SOLEShares186.68K
TypeSH
Market value$61.26M
23.77%
Sole
186.68K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares59.37K
TypeSH
Market value$39.55M
15.35%
Sole
59.37K
Shared
0.00
None
0.00
VANGUARD SPECIALIZED FUNDS
SOLEShares83.95K
TypeSH
Market value$18.11M
7.03%
Sole
83.95K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares39.02K
TypeSH
Market value$14.79M
5.74%
Sole
39.02K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares145.61K
TypeSH
Market value$13.36M
5.18%
Sole
145.61K
Shared
0.00
None
0.00
VANGUARD BD INDEX FDS
SOLEShares103.87K
TypeSH
Market value$8.11M
3.15%
Sole
103.87K
Shared
0.00
None
0.00
SPDR S&P MIDCAP 400 ETF TR
SOLEShares11.37K
TypeSH
Market value$6.78M
2.63%
Sole
11.37K
Shared
0.00
None
0.00
VANGUARD INSTL INDEX FD
SOLEShares88K
TypeSH
Market value$6.65M
2.58%
Sole
88K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares96.73K
TypeSH
Market value$6.23M
2.42%
Sole
96.73K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares125.74K
TypeSH
Market value$5.98M
2.32%
Sole
125.74K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares8.19K
TypeSH
Market value$5.02M
1.95%
Sole
8.19K
Shared
0.00
None
0.00
VANGUARD WHITEHALL FDS
SOLEShares30.99K
TypeSH
Market value$4.37M
1.70%
Sole
30.99K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares7.68K
TypeSH
Market value$3.68M
1.43%
Sole
7.68K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares4.56K
TypeSH
Market value$2.36M
0.92%
Sole
4.56K
Shared
0.00
None
0.00
VANGUARD WORLD FD
SOLEShares3.07K
TypeSH
Market value$2.30M
0.89%
Sole
3.07K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares11.19K
TypeSH
Market value$2.09M
0.81%
Sole
11.19K
Shared
0.00
None
0.00
INVESCO EXCH TRD SLF IDX FD
SOLEShares94.37K
TypeSH
Market value$1.95M
0.76%
Sole
94.37K
Shared
0.00
None
0.00
INVESCO EXCH TRD SLF IDX FD
SOLEShares84.16K
TypeSH
Market value$1.66M
0.64%
Sole
84.16K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares32.72K
TypeSH
Market value$1.59M
0.62%
Sole
32.72K
Shared
0.00
None
0.00
VANGUARD MALVERN FDS
SOLEShares30.41K
TypeSH
Market value$1.54M
0.60%
Sole
30.41K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares16.65K
TypeSH
Market value$1.52M
0.59%
Sole
16.65K
Shared
0.00
None
0.00
PACKAGING CORP AMER
SOLEShares6.42K
TypeSH
Market value$1.40M
0.54%
Sole
6.42K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares13.50K
TypeSH
Market value$1.39M
0.54%
Sole
13.50K
Shared
0.00
None
0.00
COCA COLA CO
SOLEShares20.30K
TypeSH
Market value$1.35M
0.52%
Sole
20.30K
Shared
0.00
None
0.00
VANGUARD MUN BD FDS
SOLEShares26.85K
TypeSH
Market value$1.34M
0.52%
Sole
26.85K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 186.68K | SH | $61.26M 23.77% | 186.68K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 59.37K | SH | $39.55M 15.35% | 59.37K | 0.00 | 0.00 |
VANGUARD SPECIALIZED FUNDSSOLE | DIV APP ETF | 83.95K | SH | $18.11M 7.03% | 83.95K | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 3000 ETF | 39.02K | SH | $14.79M 5.74% | 39.02K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | BLOOMBERG 1-3 MO | 145.61K | SH | $13.36M 5.18% | 145.61K | 0.00 | 0.00 |
VANGUARD BD INDEX FDSSOLE | INTERMED TERM | 103.87K | SH | $8.11M 3.15% | 103.87K | 0.00 | 0.00 |
SPDR S&P MIDCAP 400 ETF TRSOLE | UTSER1 S&PDCRP | 11.37K | SH | $6.78M 2.63% | 11.37K | 0.00 | 0.00 |
VANGUARD INSTL INDEX FDSOLE | 0-3 MO TREAS BIL | 88K | SH | $6.65M 2.58% | 88K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE 60/40 BALAN | 96.73K | SH | $6.23M 2.42% | 96.73K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE 40/60 MODER | 125.74K | SH | $5.98M 2.32% | 125.74K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 8.19K | SH | $5.02M 1.95% | 8.19K | 0.00 | 0.00 |
VANGUARD WHITEHALL FDSSOLE | HIGH DIV YLD | 30.99K | SH | $4.37M 1.70% | 30.99K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 7.68K | SH | $3.68M 1.43% | 7.68K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 4.56K | SH | $2.36M 0.92% | 4.56K | 0.00 | 0.00 |
VANGUARD WORLD FDSOLE | INF TECH ETF | 3.07K | SH | $2.30M 0.89% | 3.07K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | VALUE ETF | 11.19K | SH | $2.09M 0.81% | 11.19K | 0.00 | 0.00 |
INVESCO EXCH TRD SLF IDX FDSOLE | BULSHS 2025 CB | 94.37K | SH | $1.95M 0.76% | 94.37K | 0.00 | 0.00 |
INVESCO EXCH TRD SLF IDX FDSOLE | BULSHS 2027 CB | 84.16K | SH | $1.66M 0.64% | 84.16K | 0.00 | 0.00 |
ISHARES TRSOLE | A RATE CP BD ETF | 32.72K | SH | $1.59M 0.62% | 32.72K | 0.00 | 0.00 |
VANGUARD MALVERN FDSSOLE | STRM INFPROIDX | 30.41K | SH | $1.54M 0.60% | 30.41K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 16.65K | SH | $1.52M 0.59% | 16.65K | 0.00 | 0.00 |
PACKAGING CORP AMERSOLE | COM | 6.42K | SH | $1.40M 0.54% | 6.42K | 0.00 | 0.00 |
ISHARES TRSOLE | GLOBAL TECH ETF | 13.50K | SH | $1.39M 0.54% | 13.50K | 0.00 | 0.00 |
COCA COLA COSOLE | COM | 20.30K | SH | $1.35M 0.52% | 20.30K | 0.00 | 0.00 |
VANGUARD MUN BD FDSSOLE | TAX EXEMPT BD | 26.85K | SH | $1.34M 0.52% | 26.85K | 0.00 | 0.00 |
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