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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 (2016Q2)
Portfolio Summary: 153 holdings with a total value of $311,739,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 CARMAX INC 9,185 450,000 0.14%
52 KIMBERLY CLARK CORP 3,625 498,000 0.16%
53 SOUTHERN CO 9,616 516,000 0.17%
54 LINCOLN ELEC HLDGS INC 9,085 537,000 0.17%
55 ILLINOIS TOOL WKS INC 5,463 569,000 0.18%
56 METLIFE INC 14,562 580,000 0.19%
57 MORGAN STANLEY 22,690 589,000 0.19%
58 MCDONALDS CORP 4,905 590,000 0.19%
59 CSX CORP 22,830 595,000 0.19%
60 US BANCORP DEL 15,300 617,000 0.20%
61 ABBOTT LABS 15,749 619,000 0.20%
62 INTERNATIONAL FLAVORS&FRAGRA 5,150 649,000 0.21%
63 OSHKOSH CORP 13,605 649,000 0.21%
64 E M C CORP MASS COM 25,150 683,000 0.22%
65 VALERO ENERGY CORP NEW 13,425 685,000 0.22%
66 DU PONT E I DE NEMOURS & CO 10,751 697,000 0.22%
67 LOWES COS INC 8,825 699,000 0.22%
68 LAUDER ESTEE COS INC 8,424 767,000 0.25%
69 NextEra Energy, Inc. 5,932 774,000 0.25%
70 FEDEX CORP 5,385 817,000 0.26%
71 ST JUDE MED INC 11,750 916,000 0.29%
72 MARSH & MCLENNAN COS INC 13,416 918,000 0.29%
73 PPL CORP 24,387 921,000 0.30%
74 BERKSHIRE BANCP INC DEL 122,009 946,000 0.30%
75 TORONTO DOMINION BK ONT 23,700 1,017,000 0.33%
76 LOCKHEED MARTIN CORP 4,166 1,034,000 0.33%
77 ABBVIE INC COM 18,072 1,119,000 0.36%
78 JOHNSON CTLS INTL PLC 25,415 1,125,000 0.36%
79 NORTHROP GRUMMAN CORP 5,155 1,146,000 0.37%
80 TIME WARNER INC 15,598 1,147,000 0.37%
81 MONDELEZ INTL INC 25,560 1,163,000 0.37%
82 CELGENE CORP 11,922 1,176,000 0.38%
83 CARDINAL HEALTH INC 15,325 1,196,000 0.38%
84 PHILLIPS 66 15,905 1,262,000 0.40%
85 DUKE ENERGY CORP NEW 14,956 1,283,000 0.41%
86 AMGEN INC 8,463 1,288,000 0.41%
87 DOLLAR GEN CORP NEW 14,120 1,327,000 0.43%
88 CONOCOPHILLIPS 30,885 1,347,000 0.43%
89 ALTRIA GROUP INC 19,935 1,375,000 0.44%
90 ADOBE INC 14,386 1,378,000 0.44%
91 PNC FINL SVCS GROUP INC 17,312 1,409,000 0.45%
92 MASCO CORP 45,912 1,421,000 0.46%
93 RED HAT INC 21,065 1,529,000 0.49%
94 GILEAD SCIENCES INC 18,485 1,542,000 0.49%
95 BROADCOM LTD 10,004 1,555,000 0.50%
96 EMERSON ELEC CO 30,046 1,567,000 0.50%
97 NIKE INC 29,420 1,624,000 0.52%
98 SMUCKER J M CO 10,687 1,629,000 0.52%
99 HALLIBURTON CO 37,301 1,689,000 0.54%
100 INTERNATIONAL BUSINESS MACHS 11,314 1,717,000 0.55%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001062993-16-011217, filed 2016.08.17).

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.