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Institutional Investment Manager
Orange Investment Advisors, Inc.
Orange Investment Advisors, Inc. (CIK: 0000943442) incorporated in New York, located at 117 Grand Street, Suite 201, Goshen, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 153 holdings with a total value of $320,775,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 MARSH & MCLENNAN COS INC 10,260 569,000 0.18%
52 OSHKOSH CORP 14,720 575,000 0.18%
53 BROADCOM CORP CL A 10,070 582,000 0.18%
54 MCDONALDS CORP 4,960 586,000 0.18%
55 NOVARTIS A G 7,375 635,000 0.20%
56 NextEra Energy, Inc. 6,154 639,000 0.20%
57 US BANCORP DEL 15,275 652,000 0.20%
58 CSX CORP 25,685 667,000 0.21%
59 NORFOLK SOUTHERN CORP 7,915 670,000 0.21%
60 CARMAX INC 12,640 682,000 0.21%
61 DOLLAR GEN CORP NEW 9,615 691,000 0.22%
62 LOWES COS INC 9,600 730,000 0.23%
63 ABBOTT LABS 16,424 738,000 0.23%
64 UNITED TECHNOLOGIES CORP 7,944 763,000 0.24%
65 COMMERCIAL METALS CO COM 57,878 792,000 0.25%
66 PPL CORP 24,105 823,000 0.26%
67 INTERNATIONAL FLAVORS&FRAGRA 7,015 839,000 0.26%
68 VALERO ENERGY CORP NEW 12,265 867,000 0.27%
69 MASCO CORP 31,480 891,000 0.28%
70 DUKE ENERGY CORP NEW 12,516 894,000 0.28%
71 FEDEX CORP 6,005 895,000 0.28%
72 DU PONT E I DE NEMOURS & CO 13,749 916,000 0.29%
73 PRECISION CASTPARTS 3,970 921,000 0.29%
74 ATRION CORP 2,500 953,000 0.30%
75 SMUCKER J M CO 7,745 955,000 0.30%
76 CELGENE CORP 8,125 973,000 0.30%
77 Spectra Energy Corp Com 41,011 1,025,000 0.32%
78 BERKSHIRE BANCP INC DEL 132,549 1,027,000 0.32%
79 NORTHROP GRUMMAN CORP 5,445 1,028,000 0.32%
80 JOHNSON CTLS INTL PLC 26,965 1,065,000 0.33%
81 RED HAT INC 13,620 1,128,000 0.35%
82 ABBVIE INC COM 19,185 1,137,000 0.35%
83 TORONTO DOMINION BK ONT 30,025 1,176,000 0.37%
84 ALTRIA GROUP INC 20,300 1,182,000 0.37%
85 NIKE INC 19,070 1,192,000 0.37%
86 MONDELEZ INTL INC 28,860 1,294,000 0.40%
87 E M C CORP MASS COM 51,871 1,332,000 0.42%
88 UNITEDHEALTH GROUP INC 11,525 1,356,000 0.42%
89 HARRIS CORP 15,632 1,358,000 0.42%
90 PHILLIPS 66 16,608 1,359,000 0.42%
91 ST JUDE MED INC 22,000 1,359,000 0.42%
92 GILEAD SCIENCES INC 13,505 1,367,000 0.43%
93 NVE CORP 25,000 1,404,000 0.44%
94 RAYTHEON CO 11,290 1,406,000 0.44%
95 AMGEN INC 8,722 1,416,000 0.44%
96 ALPHABET INC 1,868 1,418,000 0.44%
97 SUNTRUST BKS INC 33,795 1,448,000 0.45%
98 PRICE T ROWE GROUP INC 20,315 1,452,000 0.45%
99 WAL-MART STORES INC 23,817 1,460,000 0.46%
100 METLIFE INC 31,194 1,504,000 0.47%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001062993-16-007200, filed 2016.01.21).

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.