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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 (2016Q1)
Portfolio Summary: 149 holdings with a total value of $307,796,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 Orange County Bancorp 470,873 22,414,000 7.28%
2 INTUITIVE SURGICAL INC 23,260 13,980,000 4.54%
3 MEDTRONIC PLC 184,393 13,829,000 4.49%
4 HOME DEPOT INC 69,823 9,316,000 3.03%
5 JOHNSON & JOHNSON 84,443 9,137,000 2.97%
6 STERLING BANCORP DEL COM 564,726 8,996,000 2.92%
7 GENERAL ELECTRIC CO 246,578 7,839,000 2.55%
8 MICROSOFT CORP 134,489 7,428,000 2.41%
9 CVS HEALTH CORP 66,928 6,942,000 2.26%
10 EXXON MOBIL CORP 82,621 6,906,000 2.24%
11 THERMO FISHER SCIENTIFIC INC 42,431 6,008,000 1.95%
12 PEPSICO INC 57,299 5,872,000 1.91%
13 INTEL CORP 170,754 5,524,000 1.79%
14 VERIZON COMMUNICATIONS INC 99,823 5,398,000 1.75%
15 JPMORGAN CHASE & CO 84,961 5,031,000 1.63%
16 CISCO SYS INC 167,665 4,773,000 1.55%
17 APPLE INC 43,660 4,759,000 1.55%
18 ORACLE CORP 114,461 4,683,000 1.52%
19 PFIZER INC 157,052 4,655,000 1.51%
20 CHEVRON CORP NEW 48,146 4,593,000 1.49%
21 RESMED INC 64,135 4,320,000 1.40%
22 WELLS FARGO & CO NEW 85,750 4,147,000 1.35%
23 LILLY ELI & CO 55,063 3,965,000 1.29%
24 BOEING CO 30,085 3,819,000 1.24%
25 KRAFT HEINZ CO 46,702 3,669,000 1.19%
26 ALLERGAN PLC 13,187 3,535,000 1.15%
27 PROCTER AND GAMBLE CO 42,929 3,533,000 1.15%
28 EXPRESS SCRIPTS HLDG CO 50,361 3,459,000 1.12%
29 MERCK & CO INC 64,173 3,395,000 1.10%
30 BRISTOL MYERS SQUIBB CO 52,799 3,373,000 1.10%
31 AT&T INC 81,315 3,185,000 1.03%
32 AUTOMATIC DATA PROCESSING IN 32,407 2,907,000 0.94%
33 BANK AMER CORP 214,047 2,894,000 0.94%
34 GOLDMAN SACHS GROUP INC 18,002 2,826,000 0.92%
35 DISNEY WALT CO 27,758 2,757,000 0.90%
36 BANK NEW YORK MELLON CORP 69,607 2,564,000 0.83%
37 Chubb Corporation 21,356 2,545,000 0.83%
38 FACEBOOK INC 22,083 2,520,000 0.82%
39 CORNING INC 117,350 2,451,000 0.80%
40 UNITED TECHNOLOGIES CORP 20,619 2,446,000 0.79%
41 DOW CHEM CO 47,705 2,426,000 0.79%
42 3M COMPANY 13,738 2,289,000 0.74%
43 COCA COLA CO 49,025 2,274,000 0.74%
44 CITRIX SYS INC 25,930 2,038,000 0.66%
45 SYSCO CORP 43,076 2,013,000 0.65%
46 STARBUCKS CORP 32,175 1,921,000 0.62%
47 INTERNATIONAL BUSINESS MACHS 12,274 1,859,000 0.60%
48 ALPHABET INC 2,418 1,801,000 0.59%
49 EMERSON ELEC CO 32,244 1,753,000 0.57%
50 PRICE T ROWE GROUP INC 22,015 1,617,000 0.53%
Page 1 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001062993-16-009193, filed 2016.04.25).

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.