ORRSTOWN FINANCIAL SERVICES INC
Long book
$597.5M
Q1 2026
Positions
117
Top-10 weight
76%
concentration
Last quarter
+11.9%
SPY +14.8%
Turnover
6%
of book per quarter
Strategy in plain words
auto-generated from filingsORRSTOWN FINANCIAL SERVICES INC is a wealth-management firm allocating client money, running a $597.5M US long book across 117 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE S&P 500 ETF, VANGUARD CORE BOND ETF, JPMORGAN ACTIVE VALUE ETF, FIDELITY ENHANCED INTL ETF, AVANTIS US SMALL CAP VALUE.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.9%
Q2 2024
+4.7%
Q3 2024
+0.8%
Q4 2024
-3.2%
Q1 2025
+8.7%
Q2 2025
+6.9%
Q3 2025
+2.8%
Q4 2025
-1.2%
Q1 2026
+11.9%
Sector allocation
Technology 36%
Industrials 17%
Consumer discretionary 13%
Financials 12%
Healthcare 8%
Services media 7%
Energy 4%
Other 2%
Long book by quarter
What does ORRSTOWN FINANCIAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 22.4K | $5.7M | 1.0% | -7.8% |
| GOOGL ALPHABET INC-CL A | Technology | 19.0K | $5.5M | 0.9% | -2.7% |
| MSFT MICROSOFT CORP | Technology | 13.9K | $5.1M | 0.9% | -3.1% |
| NVDA NVIDIA CORP | Technology | 27.8K | $4.8M | 0.8% | +0.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 18.0K | $3.7M | 0.6% | +3.6% |
| GE GENERAL ELECTRIC | Industrials | 12.7K | $3.6M | 0.6% | +0.3% |
| GEV GE VERNOVA INC | Industrials | 3.2K | $2.8M | 0.5% | +5.1% |
| WMT WALMART INC | Consumer discretionary | 21.0K | $2.6M | 0.4% | -3.0% |
| JPM JPMORGAN CHASE & CO | Financials | 8.6K | $2.5M | 0.4% | -10.9% |
| AVGO BROADCOM INC | Technology | 7.5K | $2.3M | 0.4% | -2.2% |
| V VISA INC-CLASS A SHARES | Services media | 7.6K | $2.3M | 0.4% | -4.4% |
| AMAT APPLIED MATERIALS INC | Technology | 6.5K | $2.2M | 0.4% | -13.0% |
| TJX TJX COMPANIES INC | Consumer discretionary | 13.0K | $2.1M | 0.3% | +0.4% |
| LRCX LAM RESEARCH CORP | Industrials | 9.5K | $2.0M | 0.3% | -19.5% |
| XOM EXXON MOBIL CORP | Energy | 11.3K | $1.9M | 0.3% | -5.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.9K | $1.9M | 0.3% | -6.6% |
| META META PLATFORMS INC-CLASS A | Technology | 3.3K | $1.9M | 0.3% | -2.3% |
| RTX RTX CORP | Industrials | 9.6K | $1.8M | 0.3% | -4.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 7.2K | $1.8M | 0.3% | -6.2% |
| LLY ELI LILLY & CO | Healthcare | 1.6K | $1.5M | 0.3% | +5.8% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 7.1K | $1.5M | 0.2% | -3.1% |
| CVX CHEVRON CORP | Energy | 6.9K | $1.4M | 0.2% | -12.3% |
| HD HOME DEPOT INC | Consumer discretionary | 4.3K | $1.4M | 0.2% | -2.6% |
| MA MASTERCARD INC - A | Services media | 2.5K | $1.3M | 0.2% | -4.7% |
| AMD ADVANCED MICRO DEVICES | Technology | 6.1K | $1.3M | 0.2% | -6.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.6K | $1.2M | 0.2% | +1.3% |
| UNP UNION PACIFIC CORP | Industrials | 5.0K | $1.2M | 0.2% | -4.3% |
| ORCL ORACLE CORP | Technology | 8.0K | $1.2M | 0.2% | +10.1% |
| AXP AMERICAN EXPRESS CO | Financials | 3.9K | $1.2M | 0.2% | -2.9% |
| NFLX NETFLIX INC | Services media | 11.8K | $1.1M | 0.2% | +0.2% |
| ETN EATON CORP PLC | Industrials | 3.1K | $1.1M | 0.2% | -10.7% |
| UNH UNITEDHEALTH GROUP INC | Financials | 4.0K | $1.1M | 0.2% | -6.4% |
| CRM SALESFORCE INC | Technology | 5.7K | $1.1M | 0.2% | -2.6% |
| TMUS T-MOBILE US INC | Communications | 4.9K | $1.0M | 0.2% | +3.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 7.1K | $1.0M | 0.2% | +2.3% |
| AMGN AMGEN INC | Healthcare | 2.8K | $987K | 0.2% | -4.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 3.1K | $972K | 0.2% | +0.1% |
| CAT CATERPILLAR INC | Industrials | 1.3K | $930K | 0.2% | -2.1% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 1.9K | $867K | 0.1% | -10.4% |
| PEP PEPSICO INC | Consumer staples | 5.5K | $849K | 0.1% | -13.1% |
| TSLA TESLA INC | Industrials | 2.3K | $847K | 0.1% | -2.6% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 3.7K | $833K | 0.1% | -11.0% |
| ABT ABBOTT LABORATORIES | Healthcare | 8.1K | $833K | 0.1% | +5.1% |
| CSCO CISCO SYSTEMS INC | Technology | 10.2K | $794K | 0.1% | Held |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 1.6K | $794K | 0.1% | -3.9% |
| SPGI S&P GLOBAL INC | Services media | 1.9K | $792K | 0.1% | -6.6% |
| GS GOLDMAN SACHS GROUP INC | Financials | 917 | $776K | 0.1% | -0.7% |
| MU MICRON TECHNOLOGY INC | Technology | 2.2K | $740K | 0.1% | -19.8% |
| BKNG BOOKING HOLDINGS INC | Industrials | 175 | $737K | 0.1% | +0.6% |
| ACN ACCENTURE PLC-CL A | Services media | 3.7K | $736K | 0.1% | +8.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 8, 2026 | 123 | $597.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 15, 2026 | 126 | $599.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 10, 2025 | 135 | $584.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 11, 2025 | 146 | $474.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 14, 2025 | 138 | $420.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 152 | $372.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 161 | $338.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 12, 2024 | 83 | $189.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 4, 2024 | 84 | $179.5M | canonical | SEC ↗ |