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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 (2016Q4)
Portfolio Summary: 154 holdings with a total value of $339,383,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 SHERWIN WILLIAMS CO 2,060 554,000 0.16%
52 INTERNATIONAL FLAVORS&FRAGRA 4,975 586,000 0.17%
53 LYONDELLBASELL INDUSTRIES N 6,845 587,000 0.17%
54 LENNAR 13,920 598,000 0.18%
55 LOWES COS INC 8,475 603,000 0.18%
56 MCDONALDS CORP 4,989 607,000 0.18%
57 GILEAD SCIENCES INC 8,765 628,000 0.19%
58 ILLINOIS TOOL WKS INC 5,223 640,000 0.19%
59 NextEra Energy, Inc. 5,430 649,000 0.19%
60 LAUDER ESTEE COS INC 8,591 657,000 0.19%
61 MOLSON COORS BREWING CO 6,887 670,000 0.20%
62 CARMAX INC 10,813 696,000 0.21%
63 UNITED TECHNOLOGIES CORP 6,489 711,000 0.21%
64 METLIFE INC 13,497 727,000 0.21%
65 DU PONT E I DE NEMOURS & CO 10,576 776,000 0.23%
66 US BANCORP DEL 16,250 835,000 0.25%
67 PPL CORP 24,584 837,000 0.25%
68 VALERO ENERGY CORP NEW 13,225 904,000 0.27%
69 ST JUDE MED INC 11,750 942,000 0.28%
70 LINCOLN ELEC HLDGS INC 12,780 980,000 0.29%
71 BERKSHIRE BANCP INC DEL 109,184 1,010,000 0.30%
72 CARDINAL HEALTH INC 14,125 1,017,000 0.30%
73 CSX CORP 28,915 1,039,000 0.31%
74 CONOCOPHILLIPS 21,475 1,077,000 0.32%
75 LOCKHEED MARTIN CORP 4,347 1,086,000 0.32%
76 OSHKOSH CORP 16,903 1,092,000 0.32%
77 ABBVIE INC COM 17,707 1,109,000 0.33%
78 MONDELEZ INTL INC 25,920 1,149,000 0.34%
79 TORONTO DOMINION BK ONT 23,971 1,183,000 0.35%
80 NORTHROP GRUMMAN CORP 5,135 1,194,000 0.35%
81 PRICE T ROWE GROUP INC 15,935 1,199,000 0.35%
82 FEDEX CORP 6,739 1,255,000 0.37%
83 MORGAN STANLEY 30,017 1,268,000 0.37%
84 MARSH & MCLENNAN COS INC 19,698 1,331,000 0.39%
85 TIME WARNER INC 14,323 1,383,000 0.41%
86 PHILLIPS 66 16,729 1,446,000 0.43%
87 DOLLAR GEN CORP NEW 19,640 1,455,000 0.43%
88 ALTRIA GROUP INC 22,090 1,494,000 0.44%
89 DUKE ENERGY CORP NEW 19,622 1,523,000 0.45%
90 AMERICAN TOWER CORP NEW 14,796 1,564,000 0.46%
91 WAL-MART STORES INC 23,034 1,592,000 0.47%
92 AMGEN INC 10,995 1,608,000 0.47%
93 EMERSON ELEC CO 29,099 1,622,000 0.48%
94 MASCO CORP 54,862 1,735,000 0.51%
95 SMUCKER J M CO 13,703 1,755,000 0.52%
96 INTERNATIONAL BUSINESS MACHS 11,096 1,842,000 0.54%
97 HALLIBURTON CO 34,248 1,852,000 0.55%
98 NIKE INC 36,820 1,872,000 0.55%
99 RED HAT INC 27,625 1,925,000 0.57%
100 RAYTHEON CO 14,000 1,988,000 0.59%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001062993-17-000424, filed 2017.01.27).

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.