13F HOLDINGS REPORT

Strategic Financial Services, Inc,

Quarter ended Q4 2025 · Filed February 9, 2026 · Accession 0001432539-26-000001

Total Value

$2.08B

Positions

145

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (145)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	46434V274	8,690,116	$352.3M	16.25%
2	ISHARES TR	46434V290	3,810,840	$303.0M	13.98%
3	ISHARES TR	46434V282	3,912,625	$272.8M	12.58%
4	VANGUARD SCOTTSDALE FDS	92206C706	2,653,141	$158.9M	7.33%
5	ISHARES INC	46434G889	1,888,930	$120.1M	5.54%
6	VANGUARD SCOTTSDALE FDS	92206C409	1,166,674	$93.2M	4.30%
7	WORLD GOLD TR	GLDW	921,392	$90.4M	4.17%
8	VANGUARD SCOTTSDALE FDS	92206C870	853,990	$71.6M	3.30%
9	VANGUARD SCOTTSDALE FDS	92206C847	1,273,353	$71.2M	3.28%
10	VANGUARD WELLINGTON FD	921935508	284,153	$58.5M	2.70%
11	ISHARES TR	46432F396	222,511	$56.4M	2.60%
12	DIMENSIONAL ETF TRUST	25434V807	843,698	$46.0M	2.12%
13	VANGUARD MALVERN FDS	922020805	829,148	$41.2M	1.90%
14	GOLDMAN SACHS ETF TR	NVGLF	903,394	$41.1M	1.90%
15	ISHARES INC	464286681	376,631	$40.4M	1.86%
16	SPDR SERIES TRUST	78464A870	260,924	$32.7M	1.51%
17	VANGUARD SCOTTSDALE FDS	92206C102	533,529	$31.3M	1.45%
18	ISHARES TR	464288612	273,978	$29.4M	1.36%
19	APPLE INC	AAPL	68,104	$18.9M	0.87%
20	ISHARES TR	46432F370	102,077	$17.2M	0.79%
21	VANGUARD WHITEHALL FDS	921946885	220,844	$14.9M	0.69%
22	GOLDMAN SACHS ETF TR	NVGLF	96,907	$12.9M	0.60%
23	ALPHABET INC	GOOG	34,035	$11.0M	0.51%
24	GOLDMAN SACHS ETF TR	NVGLF	224,267	$10.3M	0.47%
25	LAM RESEARCH CORP	LRCX	37,744	$8.7M	0.40%
26	JPMORGAN CHASE & CO.	VYLD	24,850	$8.0M	0.37%
27	GOLDMAN SACHS ETF TR	NVGLF	99,739	$8.0M	0.37%
28	KLA CORP	KLAC	4,954	$7.1M	0.33%
29	MICROSOFT CORP	MSFT	16,585	$6.7M	0.31%
30	MCKESSON CORP	MCK	6,790	$6.4M	0.30%
31	SPDR GOLD TR	GLD	11,826	$5.4M	0.25%
32	VISA INC	V	16,007	$5.3M	0.24%
33	GE AEROSPACE	369604301	12,458	$4.0M	0.18%
34	J P MORGAN EXCHANGE TRADED F	46641Q779	49,099	$3.5M	0.16%
35	ORACLE CORP	ORCL-PD	23,925	$3.4M	0.16%
36	BLACKROCK INC	BLK	3,199	$3.4M	0.16%
37	M & T BK CORP	55261F104	13,609	$3.2M	0.15%
38	EXXON MOBIL CORP	XOM	20,080	$3.0M	0.14%
39	COSTCO WHSL CORP NEW	22160K105	2,983	$3.0M	0.14%
40	VANGUARD INDEX FDS	922908769	8,598	$2.9M	0.14%
41	NEXTERA ENERGY INC	NEE-PW	32,166	$2.9M	0.13%
42	SPDR SERIES TRUST	78464A664	103,978	$2.8M	0.13%
43	ALPHABET INC	GOOG	8,507	$2.7M	0.13%
44	TESLA INC	TSLA	6,447	$2.7M	0.12%
45	GE VERNOVA INC	GEV	3,146	$2.5M	0.11%
46	MERCK & CO INC	MRK	19,006	$2.3M	0.11%
47	BERKSHIRE HATHAWAY INC DEL	BRK-A	4,359	$2.2M	0.10%
48	JOHNSON & JOHNSON	JNJ	8,995	$2.2M	0.10%
49	QUALCOMM INC	QCOM	15,390	$2.1M	0.10%
50	CISCO SYS INC	CSCO	24,749	$2.1M	0.10%
51	AMAZON COM INC	AMZN	9,972	$2.1M	0.10%
52	VANGUARD STAR FDS	921909768	25,725	$2.1M	0.10%
53	TJX COS INC NEW	872540109	13,358	$2.1M	0.10%
54	NVIDIA CORPORATION	NVDA	10,276	$1.9M	0.09%
55	BOOKING HOLDINGS INC	BKNG	422	$1.9M	0.09%
56	ISHARES TR	464288646	35,388	$1.9M	0.09%
57	ALPS ETF TR	00162Q593	33,103	$1.7M	0.08%
58	PEPSICO INC	PEP	9,553	$1.6M	0.08%
59	ULTA BEAUTY INC	ULTA	2,183	$1.5M	0.07%
60	VANGUARD SCOTTSDALE FDS	92206C664	14,035	$1.5M	0.07%
61	VANGUARD MUN BD FDS	922907746	29,650	$1.5M	0.07%
62	NXP SEMICONDUCTORS N V	NXPI	6,600	$1.5M	0.07%
63	INTERNATIONAL BUSINESS MACHS	INTR	4,369	$1.3M	0.06%
64	ISHARES TR	464288158	11,713	$1.3M	0.06%
65	VANGUARD SPECIALIZED FUNDS	921908844	5,458	$1.3M	0.06%
66	VANGUARD INDEX FDS	922908736	2,512	$1.2M	0.05%
67	ISHARES TR	464287614	2,346	$1.1M	0.05%
68	ISHARES TR	464288356	17,880	$1.0M	0.05%
69	VANGUARD TAX-MANAGED FDS	921943858	15,355	$1.0M	0.05%
70	PROCTER AND GAMBLE CO	742718109	6,421	$1.0M	0.05%
71	MASTERCARD INCORPORATED	MA	1,772	$972,367	0.04%
72	GOLDMAN SACHS GROUP INC	GSCE	1,035	$961,256	0.04%
73	ABBVIE INC	ABBV	4,155	$928,268	0.04%
74	PHILLIPS 66	PSX	5,857	$924,235	0.04%
75	META PLATFORMS INC	META	1,397	$924,060	0.04%
76	MORGAN STANLEY	MS-PQ	5,125	$922,295	0.04%
77	SPDR S&P 500 ETF TR	SPY	1,333	$920,773	0.04%
78	DEERE & CO	DE	1,511	$881,079	0.04%
79	WALMART INC	WMT	6,710	$880,218	0.04%
80	BROADCOM INC	AVGO	2,500	$832,300	0.04%
81	UNITEDHEALTH GROUP INC	UNH	2,900	$802,285	0.04%
82	VANGUARD INTL EQUITY INDEX F	922042858	13,122	$751,366	0.03%
83	MCDONALDS CORP	MCD	2,178	$712,643	0.03%
84	DIMENSIONAL ETF TRUST	25434V609	10,658	$710,995	0.03%
85	VANGUARD INDEX FDS	922908538	2,582	$707,365	0.03%
86	CHUBB LIMITED	CB	2,053	$679,481	0.03%
87	SCHWAB CHARLES CORP	SCHW-PJ	6,199	$651,391	0.03%
88	NORWOOD FINANCIAL CORP	NWFL	19,846	$632,889	0.03%
89	IDEXX LABS INC	45168D104	908	$585,306	0.03%
90	AUTOMATIC DATA PROCESSING IN	ADP	2,523	$583,721	0.03%
91	BROADCOM INC	AVGO	1,734	$577,268	0.03%
92	COMMUNITY FINANCIAL SYSTEM I	CBU	8,686	$576,664	0.03%
93	HOME DEPOT INC	HD	1,475	$568,096	0.03%
94	PUBLIC STORAGE OPER CO	PSA-PS	1,895	$543,865	0.03%
95	ISHARES INC	46434G103	7,340	$540,738	0.02%
96	ELI LILLY & CO	LLY	494	$522,741	0.02%
97	ISHARES TR	46432F388	3,390	$514,873	0.02%
98	CORNING INC	GLW	4,111	$502,200	0.02%
99	DIMENSIONAL ETF TRUST	25434V724	9,875	$498,688	0.02%
100	RTX CORPORATION	RTX	2,453	$487,313	0.02%
101	ASML HOLDING N V	ASMLF	343	$484,662	0.02%
102	CSX CORP	CSX	11,606	$471,320	0.02%
103	COCA COLA CO	KO	5,774	$456,319	0.02%
104	VANGUARD SCOTTSDALE FDS	92206C730	1,425	$446,816	0.02%
105	VANGUARD INDEX FDS	922908751	1,607	$445,701	0.02%
106	VANGUARD INDEX FDS	922908595	1,408	$445,477	0.02%
107	TOMPKINS FINL CORP	890110109	5,095	$429,712	0.02%
108	ISHARES TR	464288281	4,436	$428,917	0.02%
109	CATERPILLAR INC	CAT	563	$408,851	0.02%
110	CHEVRON CORP NEW	CVX	2,221	$401,690	0.02%
111	ILLINOIS TOOL WKS INC	452308109	1,367	$401,310	0.02%
112	TRAVELERS COMPANIES INC	TRV	1,330	$400,982	0.02%
113	VANGUARD INDEX FDS	922908629	1,290	$388,484	0.02%
114	VANGUARD INTL EQUITY INDEX F	922042775	4,700	$372,193	0.02%
115	ABBOTT LABS	ABLZF	3,358	$372,112	0.02%
116	VANGUARD INDEX FDS	922908611	1,405	$326,024	0.02%
117	WASTE MGMT INC DEL	94106L109	1,415	$320,908	0.01%
118	HARTFORD INSURANCE GROUP INC	HIG-PG	2,072	$295,384	0.01%
119	HERSHEY CO	HSY	1,244	$288,023	0.01%
120	ALLSTATE CORP	ALL-PJ	1,375	$285,381	0.01%
121	BOEING CO	BA-PA	1,160	$281,915	0.01%
122	HONEYWELL INTL INC	438516106	1,160	$276,519	0.01%
123	VANECK ETF TRUST	92189F726	1,334	$266,001	0.01%
124	MONDELEZ INTL INC	609207105	4,287	$257,306	0.01%
125	ISHARES TR	464287655	969	$256,804	0.01%
126	COLGATE PALMOLIVE CO	CL	2,710	$255,851	0.01%
127	ROCKWELL AUTOMATION INC	ROK	610	$253,162	0.01%
128	DISNEY WALT CO	254687106	2,305	$250,548	0.01%
129	ELEVANCE HEALTH INC FORMERLY	ELV	725	$245,761	0.01%
130	CONOCOPHILLIPS	COP	2,270	$244,297	0.01%
131	SCHWAB STRATEGIC TR	808524607	7,864	$242,919	0.01%
132	SOUTHERN CO	SOMN	2,655	$239,162	0.01%
133	VERIZON COMMUNICATIONS INC	VZ	5,154	$238,682	0.01%
134	IMMUCELL CORP	ICCC	37,000	$230,880	0.01%
135	BANK NEW YORK MELLON CORP	064058100	1,842	$228,997	0.01%
136	SCHWAB STRATEGIC TR	808524805	8,722	$226,510	0.01%
137	AMERICAN EXPRESS CO	AXP	628	$225,546	0.01%
138	NBT BANCORP INC	NBTB	4,700	$219,255	0.01%
139	INTEL CORP	INTC	4,289	$216,981	0.01%
140	UNION PAC CORP	UNP	851	$215,029	0.01%
141	CONMED CORP	CNMD	5,154	$213,994	0.01%
142	PPG INDS INC	693506107	1,674	$211,778	0.01%
143	SCHWAB STRATEGIC TR	808524201	7,691	$209,503	0.01%
144	BANK AMERICA CORP	060505104	3,597	$203,338	0.01%
145	SPDR SERIES TRUST	78464A854	2,485	$201,956	0.01%