HANOVER ADVISORS INC

CIK

914973

Location

SENECA, SC

Portfolio Value

Small $118,505,043

Diversification

Moderately concentrated

Filing Date

Global Rank

#5,567 / 8,517 ▲ 334

Top Industry

Insurance - Diversified 11.4%

3Y Alpha vs SPY

-7.7%

Period ended 46 days ago

Filed Aug 12, 2026 · 3d

11 quarters · since Dec 2023

Clone Performance

Feb 2024–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+31.3%

SPY

+55.7%

Annualised alpha

-7.9%

Max drawdown

−11.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 11 quarters. Past performance does not predict future results.

Portfolio Concentration

42 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

37.6%

+0.8 pts

Top 5

71.6%

−3.2 pts

Top 10

85.2%

−2.3 pts

HHI

1,839

Moderately concentrated+2

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	84.2%	$99,814,793	12
Consumer Cyclical	3.8%	$4,542,384	4
Financial Services	3.7%	$4,371,159	7
Consumer Defensive	2.3%	$2,705,745	4
Real Estate	2.1%	$2,525,415	7
Technology	2.1%	$2,453,434	3
Energy	0.8%	$981,543	2
Communication Services	0.4%	$466,395	1
Healthcare	0.4%	$440,875	1
Industrials	0.2%	$203,300	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
AOA	iShares Core 80/20 Aggressive Allocation ETF	+21,073	49,732	$4,853,843
MAC	Macerich Co	+619	15,334	$386,263
HST	Host Hotels & Resorts, Inc.	+594	10,602	$251,373
MPLX	Mplx LP	+292	4,124	$232,304
NTRS	Northern Trust Corp	+283	1,928	$335,163
TSLA	Tesla, Inc.	+198	4,128	$1,736,236
WMT	Walmart Inc.	+160	2,710	$306,934
AAPL	Apple Inc.	+160	1,355	$392,082
GOOGL	Alphabet Inc.	+74	1,320	$466,395
VEU	Vanguard FTSE All-World Ex-US ETF	+62	5,451	$456,521
SPY	Spdr S&P 500 ETF Trust	+35	59,647	$44,542,590
PLTR	Palantir Technologies Inc.	+11	5,960	$695,353
MSFT	Microsoft Corp	+7	3,662	$1,365,999
COST	Costco Wholesale Corp /New	+3	558	$521,992
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	−19,291	61,447	$5,631,003
BIV	Vanguard Intermediate-Term Bond ETF	−4,646	100,393	$7,700,143
VBIL	Vanguard 0-3 Month Treasury Bill ETF	−3,209	72,296	$5,471,361
VIG	Vanguard Dividend Appreciation ETF	−1,602	81,004	$19,167,166
VEA	Vanguard FTSE Developed Markets ETF	−1,516	19,844	$1,413,885
BRK-B	Berkshire Hathaway Inc	−286	2,779	$2,138,933
HD	Home Depot, Inc.	−13	2,290	$807,637
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
AIRR	First Trust RBA American Industrial Renaissance ETF	14,396	$1,918,267
TPL	Texas Pacific Land Corp	1,712	$749,239
HPP	Hudson Pacific Properties, Inc.	39,035	$592,941
MCFT	MasterCraft Boat Holdings, Inc.	18,127	$468,039
NLY	Annaly Capital Management Inc	19,428	$434,410
WPC	W. P. Carey Inc.	5,528	$395,252
VNO	Vornado Realty Trust	6,628	$260,480
ESS	Essex Property Trust, Inc.	702	$204,696
RKLB	Rocket Lab Corp	2,000	$203,300
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
V	Visa Inc.	1,323	$399,863
GLPI	Gaming & Leisure Properties, Inc.	6,765	$300,163
BNDX	Vanguard Total International Bond ETF	5,071	$243,661
FR	First Industrial Realty Trust Inc	3,942	$228,044
ESRT	Empire State Realty Trust, Inc.	16,215	$84,318
PDM	Piedmont Realty Trust, Inc.	12,366	$81,244
MPX	Marine Products Group, LLC	78,135	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

42 tracked positions · $118,505,043 total · filing declares 122 positions · $277,631,223 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	59,647	+35	$44,542,590	+14.9%	37.59%
VIG	Vanguard Dividend Appreciation ETF	Reduced	81,004	-1,602	$19,167,166	+7.9%	16.17%
MDY	Spdr S&P Midcap 400 ETF Trust	Held	11,128	0	$7,826,767	+14.0%	6.60%
BIV	Vanguard Intermediate-Term Bond ETF	Reduced	100,393	-4,646	$7,700,143	−5.0%	6.50%
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	Reduced	61,447	-19,291	$5,631,003	−23.9%	4.75%
VBIL	Vanguard 0-3 Month Treasury Bill ETF	Reduced	72,296	-3,209	$5,471,361	−4.2%	4.62%
AOA	iShares Core 80/20 Aggressive Allocation ETF	Added	49,732	+21,073	$4,853,843	+91.4%	4.10%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	2,779	-286	$2,138,933	−2.2%	1.80%
AIRR	First Trust RBA American Industrial Renaissance ETF	NEW	14,396	NEW	$1,918,267	NEW	1.62%
TSLA	Tesla, Inc. Consumer Cyclical	Added	4,128	+198	$1,736,236	+18.8%	1.47%
KO	Coca Cola Co Consumer Defensive	Held	20,298	0	$1,649,618	+6.9%	1.39%
PKG	Packaging Corp Of America Consumer Cyclical	Held	6,423	0	$1,530,472	+12.3%	1.29%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	19,844	-1,516	$1,413,885	+3.3%	1.19%
MSFT	Microsoft Corp Technology	Added	3,662	+7	$1,365,999	+1.0%	1.15%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	2,290	-13	$807,637	+6.6%	0.68%
TPL	Texas Pacific Land Corp Energy	NEW	1,712	NEW	$749,239	NEW	0.63%
BAC	Bank Of America Corp /De/ Financial Services	Held	12,817	0	$730,312	+16.9%	0.62%
PLTR	Palantir Technologies Inc. Technology	Added	5,960	+11	$695,353	−20.1%	0.59%
HPP	Hudson Pacific Properties, Inc. Real Estate	NEW	39,035	NEW	$592,941	NEW	0.50%
VXF	Vanguard Extended Market ETF	Held	2,123	0	$522,703	+19.6%	0.44%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	558	+3	$521,992	−5.6%	0.44%
MCFT	MasterCraft Boat Holdings, Inc. Consumer Cyclical	NEW	18,127	NEW	$468,039	NEW	0.39%
GOOGL	Alphabet Inc. Communication Services	Added	1,320	+74	$466,395	+30.5%	0.39%
VEU	Vanguard FTSE All-World Ex-US ETF	Added	5,451	+62	$456,521	+12.8%	0.39%
GMED	Globus Medical Inc Healthcare	Held	5,580	0	$440,875	−8.3%	0.37%
NLY	Annaly Capital Management Inc Real Estate	NEW	19,428	NEW	$434,410	NEW	0.37%
WPC	W. P. Carey Inc. Real Estate	NEW	5,528	NEW	$395,252	NEW	0.33%
AAPL	Apple Inc. Technology	Added	1,355	+160	$392,082	+29.3%	0.33%
JPM	Jpmorgan Chase & Co Financial Services	Held	1,195	0	$391,159	+11.3%	0.33%
MAC	Macerich Co Real Estate	Added	15,334	+619	$386,263	+38.9%	0.33%
NTRS	Northern Trust Corp Financial Services	Added	1,928	+283	$335,163	+46.0%	0.28%
GLD	Spdr Gold Trust	Held	843	0	$310,544	−14.4%	0.26%
WMT	Walmart Inc. Consumer Defensive	Added	2,710	+160	$306,934	−3.1%	0.26%
SSB	SouthState Bank Corp Financial Services	Held	2,780	0	$277,722	+8.0%	0.23%
VNO	Vornado Realty Trust Real Estate	NEW	6,628	NEW	$260,480	NEW	0.22%
HST	Host Hotels & Resorts, Inc. Real Estate	Added	10,602	+594	$251,373	+31.1%	0.21%
STEW	SRH Total Return Fund, Inc. Financial Services	Held	13,976	0	$250,170	+4.7%	0.21%
UCB	United Community Banks Inc Financial Services	Held	7,059	0	$247,700	+11.4%	0.21%
MPLX	Mplx LP Energy	Added	4,124	+292	$232,304	+6.2%	0.20%
PEP	Pepsico Inc Consumer Defensive	Held	1,678	0	$227,201	−12.8%	0.19%
ESS	Essex Property Trust, Inc. Real Estate	NEW	702	NEW	$204,696	NEW	0.17%
RKLB	Rocket Lab Corp Industrials	NEW	2,000	NEW	$203,300	NEW	0.17%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.