Institutional Manager · CIK 0001015247

COURIER CAPITAL LLC

BUFFALO, NY · File #028-05604

Latest AUM

$1.78B

Positions

384

Top-10 Concentration

48.4%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	ISHARES TR	46435G326	+86,008	+$7.1M	+$113,031
REDUCE	ISHARES TR	46432F842	-72,930	-$6.5M	+$528,280
REDUCE	ISHARES TR	464288612	-50,032	-$5.4M	-$7,013
ADD	VANGUARD SCOTTSDALE FDS	92206C771	+96,087	+$4.5M	+$51,169
ADD	SELECT SECTOR SPDR TR	81369Y886	+88,456	+$3.8M	-$4.0M
REDUCE	ISHARES TR	464287309	-29,134	-$3.6M	+$2.5M
ADD	ISHARES TR	46436E718	+34,620	+$3.5M	-$22,983
EXITED	UNILEVER PLC	904767704	-57,077	-$3.4M	$0
ADD	ISHARES TR	464287440	+33,579	+$3.2M	-$1,794
REDUCE	APPLE INC	AAPL	-11,608	-$3.2M	+$4.5M

Sector Allocation

8.8%$156.8M

4.5%$80.8M

3.1%$54.7M

2.6%$46.1M

1.5%$27.0M

Consumer Discretionary

1.3%$22.3M

1.2%$22.2M

0.5%$8.5M

0.3%$5.3M

0.3%$5.1M

Communication Services

0.2%$3.2M

Filing History

Jan 29, 202613F HOLDINGS REPORTQ/E Dec 2025384 pos · $1.78B
Oct 29, 202513F HOLDINGS REPORTQ/E Sep 2025390 pos · $1.75B
Jul 28, 202513F HOLDINGS REPORTQ/E Jun 2025386 pos · $1.65B
Apr 14, 202513F HOLDINGS REPORTQ/E Mar 2025373 pos · $1.53B
Jan 13, 202513F HOLDINGS REPORTQ/E Dec 2024360 pos · $1.45B
Oct 22, 202413F HOLDINGS REPORTQ/E Sep 2024357 pos · $1.46B
Jul 23, 202413F HOLDINGS REPORTQ/E Jun 2024391 pos · $1.26B
Apr 16, 202413F HOLDINGS REPORTQ/E Mar 2024356 pos · $1.38B
Oct 13, 202313F HOLDINGS REPORTQ/E Dec 2023342 pos · $1.21B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287309	969,285	$119.5M	10.36%
2	ISHARES TR	464287200	120,357	$82.4M	7.15%
3	APPLE INC	AAPL	248,120	$67.5M	5.85%
4	ISHARES TR	464287408	295,108	$62.6M	5.43%
5	SPDR SERIES TRUST	78464A409	515,922	$55.0M	4.77%
6	SPDR SERIES TRUST	78464A508	725,300	$41.2M	3.57%
7	MICROSOFT CORP	MSFT	78,068	$37.8M	3.27%
8	ISHARES TR	464287507	486,479	$32.1M	2.78%
9	ISHARES TR	464287705	243,878	$32.1M	2.78%
10	ISHARES TR	464287465	292,200	$28.1M	2.43%
11	VANGUARD INDEX FDS	922908744	144,791	$27.7M	2.40%
12	ISHARES TR	464287606	284,869	$27.6M	2.39%
13	ISHARES TR	464287630	151,988	$27.5M	2.39%
14	JPMORGAN CHASE & CO.	VYLD	78,471	$25.3M	2.19%
15	VANGUARD SCOTTSDALE FDS	92206C771	522,686	$24.6M	2.13%
16	ALPHABET INC	GOOG	77,919	$24.5M	2.12%
17	JANUS DETROIT STR TR	47103U886	434,135	$21.3M	1.85%
18	ISHARES TR	464288588	218,425	$20.8M	1.80%
19	VANGUARD INTL EQUITY INDEX F	922042874	247,289	$20.7M	1.79%
20	ISHARES TR	464287804	166,227	$20.0M	1.73%