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Institutional Investment Manager
ARMBRUSTER CAPITAL MANAGEMENT, INC.
ARMBRUSTER CAPITAL MANAGEMENT, INC. (CIK: 0001664847). Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 305 holdings with a total value of $146,332,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 SCHWAB US DIVIDEND EQUITY ETF 170 7,000 0.00%
52 LIBERTY GLOBAL PLC 170 7,000 0.00%
53 TRINET GROUP INC COM 500 7,000 0.00%
54 SINCLAIR BROADCAST GROUP INC 230 7,000 0.00%
55 ISHARES TR 270 8,000 0.01%
56 ASTRAZENECA PLC 300 8,000 0.01%
57 UNILEVER PLC 178 8,000 0.01%
58 NORTHWEST BANCSHARES INC MD COM 675 9,000 0.01%
59 AMBEV SA 1,750 9,000 0.01%
60 DIAGEO P L C 320 9,000 0.01%
61 Tribune Media Company 230 9,000 0.01%
62 LIBERTY TRIPADVISOR HLDGS INC COM SER A 422 9,000 0.01%
63 LULULEMON ATHLETICA INC 140 9,000 0.01%
64 YUM BRANDS INC 110 9,000 0.01%
65 Alcoa 910 9,000 0.01%
66 A G L Resources Inc 151 10,000 0.01%
67 PRAXAIR INC 90 10,000 0.01%
68 CDK GLOBAL INC 205 10,000 0.01%
69 ANHEUSER BUSCH INBEV SA SHS ISIN#BE0003793107 80 10,000 0.01%
70 VANGUARD INTL EQUITY INDEX F 210 10,000 0.01%
71 Ashland Inc New 90 10,000 0.01%
72 PAYPAL HLDGS INC 250 10,000 0.01%
73 RANGE RES CORP 330 11,000 0.01%
74 FORD MTR CO DEL 850 11,000 0.01%
75 CATERPILLAR INC 150 11,000 0.01%
76 SOUTHERN CO 225 12,000 0.01%
77 CERNER CORP 230 12,000 0.01%
78 INTUITIVE SURGICAL INC 20 12,000 0.01%
79 Medtronic Inc 170 13,000 0.01%
80 SERVICENOW INC 220 13,000 0.01%
81 WABASH NATL CORP 1,000 13,000 0.01%
82 WISDOMTREE TR 275 13,000 0.01%
83 TWENTY FIRST CENTY FOX INC 465 13,000 0.01%
84 PRICELINE GRP INC 10 13,000 0.01%
85 AMC NETWORKS INC CL A 200 13,000 0.01%
86 CIBL, Inc. 10 13,000 0.01%
87 LIBERTY BROADBAND CORP COM SER A 238 14,000 0.01%
88 SEAGATE TECHNOLOGY PLC 400 14,000 0.01%
89 AMERICAN WTR WKS CO INC NEW 200 14,000 0.01%
90 LOWES COS INC 188 14,000 0.01%
91 C H ROBINSON WORLDWIDE INC 200 15,000 0.01%
92 HERSHEY CO 158 15,000 0.01%
93 Vodafone Group New ADR 474 15,000 0.01%
94 STEELCASE INC 1,000 15,000 0.01%
95 MORGAN STANLEY 624 16,000 0.01%
96 MCKESSON CORP 100 16,000 0.01%
97 ELECTRONIC ARTS INC 240 16,000 0.01%
98 Milestone Scientific Inc. 10,000 16,000 0.01%
99 INTL PAPER CO 400 16,000 0.01%
100 VANGUARD INTL EQUITY INDEX F 300 17,000 0.01%
Page 2 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-16-063073, filed 2016.05.03).

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.