Institutional Manager · CIK 0001432539

Strategic Financial Services, Inc.

UTICA, NY · File #028-13318

Latest AUM

$2.08B

Positions

145

Top-10 Concentration

75.7%

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
REDUCE	WORLD GOLD TR	GLDW	-476,522	-$46.7M	+$30.2M
NEW	VANGUARD SCOTTSDALE FDS	92206C102	+533,529	+$31.3M	$0
ADD	VANGUARD SCOTTSDALE FDS	92206C706	+320,097	+$19.2M	-$303,320
ADD	VANGUARD SCOTTSDALE FDS	92206C409	+109,976	+$8.8M	-$63,428
ADD	ISHARES TR	46434V282	+104,578	+$7.3M	+$2.4M
REDUCE	SPDR GOLD TR	GLD	-15,936	-$7.3M	+$2.8M
ADD	ISHARES TR	46434V290	+65,743	+$5.2M	+$19.3M
ADD	VANGUARD SCOTTSDALE FDS	92206C847	+87,204	+$4.9M	-$1.1M
ADD	ISHARES TR	46434V274	+91,662	+$3.7M	+$39.8M
REDUCE	SPDR SERIES TRUST	78464A870	-24,213	-$3.0M	+$7.2M

Sector Allocation

Technology

2.4%$51.8M

Healthcare

0.6%$13.9M

Financials

0.6%$13.7M

Consumer Discretionary

0.4%$9.4M

Industrials

0.2%$5.2M

Energy

0.2%$4.6M

Consumer Staples

0.2%$3.5M

Communication Services

0.1%$1.2M

Utilities

0.0%$239,162

Filing History

Feb 9, 202613F HOLDINGS REPORTQ/E Dec 2025145 pos · $2.08B
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 2025142 pos · $1.99B
Aug 1, 202513F HOLDINGS REPORTQ/E Jun 2025138 pos · $1.86B
May 23, 202513F HOLDINGS REPORTQ/E Mar 2025133 pos · $1.71B
Feb 11, 202513F HOLDINGS REPORTQ/E Dec 2024136 pos · $1.68B
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 2024141 pos · $1.69B
Aug 12, 202413F HOLDINGS REPORTQ/E Jun 2024131 pos · $1.58B
May 7, 202413F HOLDINGS REPORTQ/E Mar 2024126 pos · $1.55B
Nov 6, 202313F HOLDINGS REPORTQ/E Dec 2023120 pos · $1.28B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	46434V274	8,690,116	$352.3M	16.76%
2	ISHARES TR	46434V290	3,810,840	$303.0M	14.41%
3	ISHARES TR	46434V282	3,912,625	$272.8M	12.98%
4	VANGUARD SCOTTSDALE FDS	92206C706	2,653,141	$158.9M	7.56%
5	ISHARES INC	46434G889	1,888,930	$120.1M	5.71%
6	VANGUARD SCOTTSDALE FDS	92206C409	1,166,674	$93.2M	4.43%
7	WORLD GOLD TR	GLDW	921,392	$90.4M	4.30%
8	VANGUARD SCOTTSDALE FDS	92206C870	853,990	$71.6M	3.41%
9	VANGUARD SCOTTSDALE FDS	92206C847	1,273,353	$71.2M	3.39%
10	VANGUARD WELLINGTON FD	921935508	284,153	$58.5M	2.78%
11	ISHARES TR	46432F396	222,511	$56.4M	2.68%
12	DIMENSIONAL ETF TRUST	25434V807	843,698	$46.0M	2.19%
13	VANGUARD MALVERN FDS	922020805	829,148	$41.2M	1.96%
14	GOLDMAN SACHS ETF TR	NVGLF	903,394	$41.1M	1.95%
15	ISHARES INC	464286681	376,631	$40.4M	1.92%
16	SPDR SERIES TRUST	78464A870	260,924	$32.7M	1.56%
17	VANGUARD SCOTTSDALE FDS	92206C102	533,529	$31.3M	1.49%
18	ISHARES TR	464288612	273,978	$29.4M	1.40%
19	APPLE INC	AAPL	68,104	$18.9M	0.90%
20	ISHARES TR	46432F370	102,077	$17.2M	0.82%