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Institutional Investment Manager
ORRSTOWN FINANCIAL SERVICES INC
ORRSTOWN FINANCIAL SERVICES INC (CIK: 0000826154) incorporated in Pennsylvania, registered under State Commercial Banks, located at 4750 Lindle Rd, Harrisburg, PA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 287 holdings with a total value of $92,914,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 HOME DEPOT INC 7,294 931,000 1.00%
52 GOLDMAN SACHS GROUP INC 5,966 886,000 0.95%
53 CSX CORP 33,856 882,000 0.95%
54 STARBUCKS CORP 14,635 836,000 0.90%
55 SCHLUMBERGER LTD 10,524 832,000 0.90%
56 CUMMINS INC 7,328 824,000 0.89%
57 UNION PAC CORP 9,386 819,000 0.88%
58 WILLIAMS SONOMA INC 15,267 796,000 0.86%
59 NIKE INC 14,255 787,000 0.85%
60 LOCKHEED MARTIN CORP 2,841 705,000 0.76%
61 POLARIS INDS INC 8,619 705,000 0.76%
62 ROYAL CARIBBEAN GROUP 10,298 691,000 0.74%
63 DOW CHEM CO 12,305 612,000 0.66%
64 INTERNATIONAL FLAVORS&FRAGRA 4,845 611,000 0.66%
65 SPDR S&P MIDCAP 400 ETF TR 2,050 558,000 0.60%
66 PPL CORP 14,019 529,000 0.57%
67 CABOT OIL & GAS CORP 19,929 513,000 0.55%
68 ISHARES RUSSELL 1000 ETF 4,311 504,000 0.54%
69 M & T BK CORP 3,978 470,000 0.51%
70 TEVA PHARMACEUTICAL INDS LTD 8,756 440,000 0.47%
71 MIDDLEBY CORP 3,600 415,000 0.45%
72 OLD DOMINION FREIGHT LINE IN 6,500 392,000 0.42%
73 VANGUARD BD INDEX FDS 4,034 355,000 0.38%
74 VANGUARD WORLD FD 2,650 346,000 0.37%
75 ALTRIA GROUP INC 4,929 340,000 0.37%
76 CARLISLE COS INC 3,200 338,000 0.36%
77 WENDYS CO 31,000 298,000 0.32%
78 Juniata Valley Financial Corp 16,722 297,000 0.32%
79 VANGUARD SCOTTSDALE FDS 3,524 285,000 0.31%
80 E-LYNXX CORPORATION 266,667 267,000 0.29%
81 VANGUARD INDEX FDS 1,758 203,000 0.22%
82 MONDELEZ INTL INC 3,890 177,000 0.19%
83 BB&T CORP 4,873 174,000 0.19%
84 UNITEDHEALTH GROUP INC 1,216 172,000 0.19%
85 COLGATE PALMOLIVE CO 2,280 167,000 0.18%
86 LILLY ELI & CO 1,874 148,000 0.16%
87 KRAFT HEINZ CO 1,496 132,000 0.14%
88 ISHARES TR 2,325 130,000 0.14%
89 ISHARES TR 769 129,000 0.14%
90 SHARPSPRING INC 23,248 122,000 0.13%
91 COCA COLA CO 2,649 120,000 0.13%
92 UNITED TECHNOLOGIES CORP 1,085 111,000 0.12%
93 VENTAS INC 1,497 109,000 0.12%
94 HERSHEY CO 940 107,000 0.12%
95 ISHARES TR 931 107,000 0.12%
96 SOUTHERN CO 1,850 99,000 0.11%
97 PFIZER INC 2,663 94,000 0.10%
98 ADJUVANTS PLUS INC 500 93,000 0.10%
99 SPDR SER TR 1,100 92,000 0.10%
100 BRISTOL MYERS SQUIBB CO 1,200 88,000 0.09%
Page 2 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144204-16-113670, filed 2016.07.20).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.