Institutional Manager · CIK 0001054257

ADIRONDACK TRUST CO

SARATOGA SPRINGS, NY · File #028-11929

Latest AUM

$304.0M

Positions

624

Top-10 Concentration

55.2%

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	TECHNOLOGY SELECT SECT SPDR	81369Y803	+9,615	+$1.4M	-$1.3M
ADD	NETFLIX INC	NFLX	+10,573	+$991,313	-$1.2M
ADD	VANGUARD FTSE DEVELOPED MARKET ETF	921943858	+10,861	+$678,459	+$21,395
ADD	ENERGY SELECT SECTOR SPDR FUND	81369Y506	+7,054	+$315,301	-$320,940
ADD	INVESCO S&P 500 MOMENTUM ETF	IVZ	+2,341	+$279,315	-$2,835
ADD	ISHARES IBONDS DEC 2035 TERMCORPORATE ETF	46438G372	+10,233	+$265,325	-$2,239
NEW	PUTNAM ETF TRUST FRANKLIN NYMUNICIPAL INCOME	746729763	+29,772	+$233,411	$0
ADD	JPMORGAN BETABUILDER ETF	46641Q399	+1,810	+$223,178	+$12,233
NEW	VANGUARD NJ LONG-TERM TAX EXEMPT FD	92204F305	+18,876	+$214,997	$0
ADD	ISHARES IBONDS DEC 2033 TERMCORPORATE ETF	46436E130	+7,986	+$208,669	-$4,657

Sector Allocation

Technology

18.6%$56.5M

Consumer Discretionary

6.1%$18.6M

6.0%$18.3M

4.5%$13.6M

3.1%$9.5M

2.7%$8.3M

2.6%$8.0M

Communication Services

2.0%$6.0M

Utilities

0.6%$1.8M

Materials

0.1%$437,708

Real Estate

0.0%$45,586

Filing History

Jan 8, 202613F HOLDINGS REPORTQ/E Dec 2025624 pos · $304.0M
Oct 20, 202513F HOLDINGS REPORTQ/E Sep 2025596 pos · $298.2M
Jul 11, 202513F HOLDINGS REPORTQ/E Jun 2025568 pos · $275.4M
Apr 3, 202513F HOLDINGS REPORTQ/E Mar 2025568 pos · $255.9M
Jan 17, 202513F HOLDINGS REPORTQ/E Dec 2024574 pos · $261.9M
Oct 8, 202413F HOLDINGS REPORTQ/E Sep 2024575 pos · $259.6M
Jul 9, 202413F HOLDINGS REPORTQ/E Jun 2024577 pos · $244.9M
Apr 9, 202413F HOLDINGS REPORTQ/E Mar 2024588 pos · $238.9M
Mar 29, 202413F HOLDINGS REPORTQ/E Mar 2024580 pos · $231.4M
Oct 31, 202313F HOLDINGS REPORTQ/E Dec 2023569 pos · $200.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR S & P 500 ETF TRUST	SPY	55,041	$37.5M	16.74%
2	APPLE INC	AAPL	66,801	$18.2M	8.10%
3	NVIDIA CORP.	NVDA	89,478	$16.7M	7.44%
4	MICROSOFT CORP	MSFT	23,953	$11.6M	5.17%
5	AMAZON. COM, INC	AMZN	37,510	$8.7M	3.86%
6	ETF VANGUARD RUSSELL 3000	92206C599	27,050	$8.1M	3.62%
7	JPMORGAN CHASE & CO COM	VYLD	20,780	$6.7M	2.99%
8	S & P MIDCAP 400 DEPOSITORY RECEIPTS ETF	MDY	9,893	$6.0M	2.66%
9	ISHARES RUSSELL 1000 GROWTH ETF	464287614	11,659	$5.5M	2.46%
10	BERKSHIRE HATHAWAY INC. DEL CLASS B	BRK-A	9,709	$4.9M	2.18%
11	ELI LILLY & CO	LLY	3,739	$4.0M	1.79%
12	JOHNSON & JOHNSON	JNJ	19,021	$3.9M	1.76%
13	META PLATFORMS INC	META	5,866	$3.9M	1.73%
14	ISHARES CORE S&P SMALL-CAP ETF	464287804	31,278	$3.8M	1.68%
15	CATERPILLAR INC	CAT	6,424	$3.7M	1.64%
16	ISHARES CORE TOTAL US AGGREGATE BOND ETF	464287226	34,098	$3.4M	1.52%
17	PROCTER & GAMBLE CO	742718109	23,253	$3.3M	1.49%
18	ISHARES IBONDS DEC 2031 TERM CORPORATE ETF	46436E486	152,141	$3.2M	1.43%
19	VANGUARD GROWTH ETF	922908736	6,388	$3.1M	1.39%
20	ISHARES TIPS BOND ETF	464287176	28,116	$3.1M	1.38%