Institutional Manager · CIK 0001642305

Roble, Belko & Company, Inc

SEWICKLEY, PA · File #028-16890

Latest AUM

$762,955

Positions

503

Top-10 Concentration

64.3%

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	SELECT SECTOR SPDR TR	81369Y803	+97,842	+$14,087	-$13,628
REDUCE	SPDR SER TR PORTFOLI S&P1500	78464A805	-52,118	-$4,300	+$555
ADD	VANGUARD SCOTTSDALE	92206C706	+58,819	+$3,525	-$26
ADD	NVIDIA CORPORATION	NVDA	+11,370	+$2,121	-$1
ADD	VANGUARD INDEX FDS	922908553	+11,452	+$1,013	-$632
ADD	VANGUARD WHITEHALL FDS	921946810	+10,912	+$998	+$2
EXITED	ISHARES TR IBONDS DEC25	46434VBD1	-39,023	-$983	$0
ADD	VANGUARD SCOTTSDALE FDS	92206C102	+13,625	+$800	-$7
REDUCE	SCHWAB STRATEGIC TR	808524805	-23,400	-$563	+$380
NEW	PROFESIONALLY MANAGED PORTFO AKRE FOCUS	74316P579	+8,392	+$550	$0

Sector Allocation

1.5%$11,700

1.2%$8,873

0.4%$3,214

0.3%$2,226

Consumer Discretionary

0.2%$1,819

0.2%$1,775

0.1%$868

0.1%$712

0.0%$351

Communication Services

0.0%$317

Real Estate

0.0%$21

Filing History

Jan 12, 202613F HOLDINGS REPORTQ/E Dec 2025503 pos · $762,955
Oct 24, 202513F HOLDINGS REPORTQ/E Sep 2025471 pos · $737,525
Aug 4, 202513F HOLDINGS REPORTQ/E Jun 2025463 pos · $687,208
May 8, 202513F HOLDINGS REPORTQ/E Mar 2025443 pos · $626,811
Jan 14, 202513F HOLDINGS REPORTQ/E Dec 2024420 pos · $629,284
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 2024401 pos · $634,468
Aug 8, 202413F HOLDINGS REPORTQ/E Jun 2024378 pos · $597,295
Apr 11, 202413F HOLDINGS REPORTQ/E Mar 2024358 pos · $582,692
Nov 1, 202313F HOLDINGS REPORTQ/E Dec 2023327 pos · $489,026

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908769	416,656	$139,692	19.55%
2	VANGUARD STAR FDS	921909768	928,962	$70,081	9.81%
3	VANGUARD TAX-MANAGED FDS	921943858	717,726	$44,836	6.28%
4	VANGUARD BD INDEX FDS	921937835	478,294	$35,427	4.96%
5	VANGUARD INTL EQUITY INDEX	922042775	425,102	$31,271	4.38%
6	VANGUARD WHITEHALL FDS	921946406	213,462	$30,636	4.29%
7	SELECT SECTOR SPDR TR	81369Y803	196,670	$28,315	3.96%
8	VANGUARD INDEX FDS	922908637	87,297	$27,481	3.85%
9	SPDR S&P 500 ETF TR	SPY	39,857	$27,179	3.80%
10	ISHARES TR RUS 1000 GRW ETF	464287614	51,653	$24,447	3.42%
11	SPDR SER TR PORTFOLI S&P1500	78464A805	247,903	$20,452	2.86%
12	ISHARES TR BLACKROCK ULTRA	46434V878	403,664	$20,417	2.86%
13	VANGUARD INDEX FDS	922908553	227,248	$20,109	2.81%
14	SCHWAB STRATEGIC TR	808524102	736,840	$19,327	2.70%
15	VANGUARD SCOTTSDALE	92206C706	319,362	$19,139	2.68%
16	ISHARES TR RUSSELL 3000 ETF	464287689	36,119	$13,973	1.96%
17	SPDR INDEX SHS FDS PORTFOLIO DEVLPD	78463X889	276,274	$12,269	1.72%
18	VANGUARD INTL EQUITY INDEX	922042858	213,657	$11,486	1.61%
19	SCHWAB STRATEGIC TR	808524805	476,214	$11,448	1.60%
20	SCHWAB STRATEGIC TR US TIPS ETF	808524870	394,537	$10,451	1.46%