Armbruster Capital Management, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 21, 2026), Armbruster Capital Management, Inc. reported 132 stock positions worth $610.2 million. Its top holding was Vanguard U.S. Value Factor (VFVA) at 9.5% of the portfolio, followed by iShares MSCI USA Momentum Fa (MTUM, 8.4%) and Invesco S&P 500 Pure Value E (RPV, 6.5%). Compared with Q4 2025, it opened 5 new positions, sold out of 5, added to 58 and reduced 29. The biggest buy was Invesco S&P 500 Pure Value E (RPV, shares +4%) and the biggest sale an exit from Ihs (IHS).

Most Recent 13F
Q2 2026
Location
PITTSFORD, NY
CIK
0001664847
Portfolio Value
$610.2M (Q1 2026)
SEC Filing
0001140361-26-015857 ↗ filed Apr 21, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $470.0M Q1 2024 Q2 2024: $481.6M Q2 2024 Q3 2024: $502.0M Q3 2024 Q4 2024: $492.2M Q4 2024 Q1 2025: $501.4M Q1 2025 Q2 2025: $552.1M Q2 2025 Q3 2025: $587.6M Q3 2025 Q4 2025: $595.5M Q4 2025 Q1 2026: $610.2M $610.2M Q1 2026 Q2 2026: $670.8M Q2 2026

Holdings 132 stocks · $610.2M
VFVA Vanguard U.S. Value Factor 9.53% 431,969 $58.1M Add +0.9%
MTUM iShares MSCI USA Momentum Fa 8.36% 212,578 $51.0M Add +0.2%
RPV Invesco S&P 500 Pure Value E 6.51% 370,013 $39.7M Add +4.4%
SPLV Invesco S&P 500 Low Volatili 6.35% 529,813 $38.8M Add +5.1%
QUAL iShares MSCI USA Quality Fac 5.35% 170,323 $32.7M Add +3.3%
VFQY Vanguard U.S. Quality Factor 4.66% 190,437 $28.4M Add +2.4%
IVLU iShares MSCI International V 4.39% 675,143 $26.8M Reduce -2.7%
IMTM iShares MSCI Intl Momentum F 3.56% 452,927 $21.7M Reduce -0.3%
IQLT iShares MSCI International Q 3.55% 468,142 $21.6M Reduce -0.2%
AVES Avantis Emerging Markets Val 3.42% 348,389 $20.9M Add +0.3%
EFAV iShares MSCI Eafe Min Vol Fa 3.32% 221,426 $20.2M Add +1.0%
USMV iShares MSCI USA Min Vol Fac 2.52% 166,058 $15.4M Add +1.1%
XSMO Invesco S&P Smallcap Momentu 2.52% 202,501 $15.4M Add +1.4%
IEFA iShares Core MSCI Eafe ETF 2.33% 157,022 $14.2M Add +1.1%
XSLV Invesco S&P Smallcap Low Vol 2.01% 260,019 $12.3M Add +4.6%
VFMO Vanguard US Momentum Factor 1.60% 49,616 $9.8M Add +10.3%
QVMT Invesco S&P 500 Concentrated 1.53% 157,428 $9.4M Reduce -5.8%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.47% 29,928 $8.9M Add +14.3%
RZV Invesco S&P Smallcap 600 Pur 1.35% 66,103 $8.2M Add +0.3%
EMGF iShares Emerging Markets Equ 1.30% 131,228 $7.9M Reduce -1.1%
SPY SS SPDR S&P 500 ETF Trust-US 1.14% 10,657 $6.9M Add +3.0%
IEMG iShares Core MSCI Emerging 1.06% 93,165 $6.5M Reduce -0.3%
SCHF Schwab Intl Equity ETF 1.05% 258,754 $6.4M Reduce -0.6%
VOO Vanguard S&P 500 ETF 0.96% 9,818 $5.9M Reduce -6.7%
IJH iShares Core S&P Midcap ETF 0.95% 86,275 $5.8M Add +3.1%
DFIV Dimensional International Va 0.87% 100,170 $5.3M Add +3.1%
IVV iShares Core S&P 500 ETF 0.82% 7,615 $5.0M Add +14.8%
VEA Vanguard Ftse Developed ETF 0.70% 66,544 $4.3M Add +6.8%
SCHX Schwab US Large-Cap ETF 0.69% 163,980 $4.2M Add +21.6%
AVDE Avantis International Equity 0.68% 49,011 $4.2M Reduce -2.7%
AVEM Avantis Emerging Markets Eq 0.67% 51,015 $4.1M Add +0.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.66% 14,033 $4.0M Add +0.3%
AVLV Avantis US Large Cap Value 0.65% 48,908 $3.9M Add +2.0%
IDLV Invesco S&P International DE 0.57% 101,200 $3.5M Reduce -3.1%
IJR iShares Core S&P Small-Cap E 0.49% 24,238 $3.0M Add +8.2%
ESGV Vanguard ESG US Stock ETF 0.41% 22,492 $2.5M Add +0.4%
BRK.B Berkshire Hathaway Inc. Class B 0.39% 4,912 $2.4M Add +3.7%
AVUV Avantis US Small Cap Value 0.37% 20,568 $2.3M Reduce -0.4%
EFIV SS SPDR S&P 500 ESG ETF 0.37% 35,616 $2.2M Add +12.0%
AAPL Apple Inc. 0.36% 8,740 $2.2M Add +2.7%
JPM JPMorgan Chase & Co. 0.34% 7,090 $2.1M Add +0.4%
SMMV iShares MSCI USA Small-Cap M 0.33% 46,540 $2.0M Add +1.4%
VWO Vanguard Ftse Emerging Marke 0.32% 36,170 $2.0M Add +1.1%
XOM Exxon Mobil Corp. 0.31% 11,224 $1.9M Reduce -0.9%
PAYX Paychex Inc. 0.31% 20,299 $1.9M Add +0.5%
SPSM SS SPDR P S&P 600 Small Cap 0.28% 35,724 $1.7M Add +2.6%
AVLC Avantis US LG Cap Eq ETF 0.27% 21,000 $1.6M No change
QQQ Invesco QQQ Trust Series 1 0.26% 2,762 $1.6M Add +8.4%
SPMD SS SPDR P S&P 400 Midcap ETF 0.23% 23,785 $1.4M Add +4.6%
SPTM SS SPDR P S&P 1500 Comp ETF 0.22% 16,964 $1.3M Add +0.0%
ESGD iShares Trust iShares ESG Aw 0.22% 13,792 $1.3M Add +13.1%
INTF iShares International Equity 0.21% 33,600 $1.3M Add +2.5%
BNL Broadstone Net Lease Inc. 0.21% 70,554 $1.3M No change
MSFT Microsoft Corp. 0.20% 3,229 $1.2M Reduce -2.0%
SCHE Schwab Emrg Mrkts Eqty ETF 0.19% 35,051 $1.2M Reduce -0.3%
VB Vanguard Most SM-Cap ETF-Usd 0.18% 4,249 $1.1M Add +0.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.17% 5,305 $1.0M No change
PH Parker Hannifin Corp. 0.17% 1,159 $1.0M No change
XMMO Invesco S&P Midcap Momentum 0.17% 6,959 $1.0M No change
VTI VG Morningstar TS MKT ETF-US 0.16% 3,067 $984K No change
INTC Intel Corp. 0.16% 22,125 $976K Reduce -1.8%
AVGO Broadcom Inc. 0.15% 3,011 $932K No change
PM Philip Morris International 0.15% 5,619 $929K Add +0.4%
EFA iShares MSCI Eafe ETF 0.15% 9,276 $901K Add +29.2%
BSV Vanguard Short-Term Bond ETF 0.14% 11,087 $869K Add +78.5%
VNQ Vanguard Real Estate ETF 0.14% 9,481 $841K Reduce -6.7%
GOOGL Alphabet Inc. Class A 0.14% 2,874 $826K Reduce -4.0%
NFG National Fuel Gas Co. 0.13% 8,723 $820K Add +96.8%
PWB Invesco Large Cap Growth ETF 0.13% 6,370 $802K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.13% 3,614 $785K Reduce -7.6%
EEMV iShares MSCI Emg MKT Min Vol 0.13% 12,025 $778K No change
PWV Invesco Large Cap Value ETF 0.12% 10,117 $705K No change
AMGN Amgen Inc. 0.11% 1,981 $697K Reduce -5.5%
IWV iShares Russell 3000 ETF 0.11% 1,830 $678K Add +0.6%
NEE Nextera Energy Inc. 0.11% 7,270 $675K Reduce -1.2%
IAU iShares Gold Trust 0.11% 7,525 $663K Reduce -18.6%
ORCL Oracle Corp. 0.11% 4,410 $649K No change
SCHA Schwab US Small-Cap ETF 0.10% 21,880 $636K Reduce -0.2%
ACWV iShares MSCI Global Min Vol 0.10% 5,160 $617K No change
GE General Electric filed as GE AEROSPACE 0.10% 2,153 $611K No change
XMVM Invesco S&P Midcap Value Wit 0.09% 8,749 $570K No change
UNP Union Pacific Corp. 0.09% 2,341 $568K No change
MRK Merck & Co. Inc. 0.09% 4,692 $564K Add +9.3%
VEU Vanguard Ftse All-World Ex-U 0.09% 7,351 $552K No change
XAR SS SPDR S&P Aerospace Def 0.09% 2,160 $549K No change
XSVM Invesco S&P Smallcap Value W 0.09% 9,094 $548K No change
WMT Walmart Inc. 0.09% 4,395 $546K No change
IBIT iShares Bitcoin Trust ETF 0.09% 13,643 $524K Add +133.5%
ABBV Abbvie Inc. 0.08% 2,181 $474K Add +1.4%
KO The Coca-Cola Co. 0.08% 6,211 $472K No change
GEV GE Vernova Inc. 0.08% 536 $468K No change
HD Home Depot Inc. 0.08% 1,418 $466K Reduce -5.3%
TMO Thermo Fisher Scientific Inc. 0.07% 926 $455K No change
SCHB Schwab US Broad Market ETF 0.07% 17,971 $451K Reduce -6.6%
IUSG iShares Core S&P U.S. Growth 0.07% 2,900 $450K No change
VSS Vanguard Ftse All Wo X-US SC 0.07% 2,949 $430K No change
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.07% 923 $428K No change
CVX Chevron Corp. 0.07% 2,025 $419K No change
XJH Ishare ESG SS S&P Midcap ETF 0.07% 9,225 $419K Add +12.8%
PG The Procter & Gamble Co. 0.07% 2,834 $409K No change
NVDA Nvidia Corp. 0.07% 2,338 $408K Reduce -4.1%
VYM Vanguard High DVD Yield ETF 0.07% 2,742 $406K Add +12.3%
GOOG Alphabet Inc. Class C 0.06% 1,343 $385K Add +19.9%
SHW The Sherwin-Williams Co. 0.06% 1,194 $383K No change
AVSC Avantis US Small Cap Equity 0.06% 6,100 $380K Add +19.0%
GLW Corning Inc. 0.06% 2,769 $377K New
CSCO Cisco Systems Inc. 0.06% 4,820 $374K Reduce -6.8%
SCHM Schwab US Mid Cap ETF 0.06% 11,845 $367K Reduce -1.3%
VDC Vanguard Consumer Staple ETF 0.06% 1,630 $366K Reduce -5.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 1,505 $365K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 2,242 $358K No change
JNJ Johnson & Johnson 0.06% 1,457 $356K Add +25.4%
META Meta Platforms Inc. Class A 0.06% 602 $344K No change
COST Costco Wholesale Corp. 0.05% 324 $323K No change
AMZN Amazon.com Inc. 0.05% 1,547 $322K Add +8.4%
XJR Ishr ESG SS S&P Smal-Cap-Usd 0.05% 7,356 $320K Reduce -0.1%
UNH Unitedhealth Group Inc. 0.05% 1,175 $318K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.05% 6,895 $315K Add +3.0%
SPHQ Invesco S&P 500 Quality ETF 0.05% 4,000 $301K No change
TSLA Tesla Inc. 0.05% 799 $297K Add +14.3%
SLYV SS SPDR S&P 600 SC Val ETF 0.05% 3,088 $292K No change
VXUS Vanguard Total Intl Stock 0.04% 3,560 $275K No change
GS Goldman Sachs Group Inc. 0.04% 304 $257K No change
RTX RTX Corp. 0.04% 1,268 $245K Add +1.6%
ALL Allstate Corp. 0.04% 1,161 $241K No change
ESGE iShares Inc. iShares ESG Awar 0.04% 5,000 $227K Add +4.2%
MDLZ Mondelez International Inc. Class A 0.04% 3,925 $226K No change
MMM 3M Co. 0.04% 1,500 $218K No change
SPHD Invesco S&P 500 High Dividen 0.03% 4,171 $207K New
BMY Bristol-Myers Squibb Co. 0.03% 3,387 $205K New
LIT Global X Lithium & Battery T 0.03% 2,750 $204K New
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 1,098 $202K New

Portfolio Sells Q4 2025 → Q1 2026
IHS Ihs Holding Ltd. Sold out 0.00% −0.18
VOO Vanguard S&P 500 ETF Reduce -6.7% 0.96% −0.15
IMTM iShares MSCI Intl Momentum F Reduce -0.3% 3.56% −0.09
BTC Grayscale Bitcoin Mini ETF Sold out 0.00% −0.08
MSFT Microsoft Corp. Reduce -2.0% 0.20% −0.07
QVMT Invesco S&P 500 Concentrated Reduce -5.8% 1.53% −0.07
IVLU iShares MSCI International V Reduce -2.7% 4.39% −0.04
NOW ServiceNow Inc. Sold out 0.00% −0.04
SYK Stryker Corp. Sold out 0.00% −0.04
BAC Bank of America Corp. Sold out 0.00% −0.03
IQLT iShares MSCI International Q Reduce -0.2% 3.55% −0.03
IDLV Invesco S&P International DE Reduce -3.1% 0.57% −0.02
GOOGL Alphabet Inc. Class A Reduce -4.0% 0.14% −0.02
IAU iShares Gold Trust Reduce -18.6% 0.11% −0.02
AVDE Avantis International Equity Reduce -2.7% 0.68% −0.01
VNQ Vanguard Real Estate ETF Reduce -6.7% 0.14% −0.01
SCHB Schwab US Broad Market ETF Reduce -6.6% 0.07% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -7.6% 0.13% −0.01
HD Home Depot Inc. Reduce -5.3% 0.08% −0.01
NVDA Nvidia Corp. Reduce -4.1% 0.07% −0.01
CSCO Cisco Systems Inc. Reduce -6.8% 0.06% −0.01
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -0.3% 0.19% −0.00
VDC Vanguard Consumer Staple ETF Reduce -5.7% 0.06% −0.00
SCHF Schwab Intl Equity ETF Reduce -0.6% 1.05% −0.00
AMGN Amgen Inc. Reduce -5.5% 0.11% −0.00
SCHA Schwab US Small-Cap ETF Reduce -0.2% 0.10% −0.00
SCHM Schwab US Mid Cap ETF Reduce -1.3% 0.06% −0.00
XJR Ishr ESG SS S&P Smal-Cap-Usd Reduce -0.1% 0.05% −0.00
IEMG iShares Core MSCI Emerging Reduce -0.3% 1.06% +0.01
EMGF iShares Emerging Markets Equ Reduce -1.1% 1.30% +0.01
NEE Nextera Energy Inc. Reduce -1.2% 0.11% +0.01
AVUV Avantis US Small Cap Value Reduce -0.4% 0.37% +0.02
INTC Intel Corp. Reduce -1.8% 0.16% +0.02
XOM Exxon Mobil Corp. Reduce -0.9% 0.31% +0.08

Portfolio Buys Q4 2025 → Q1 2026
RPV Invesco S&P 500 Pure Value E Add +4.4% 6.51% +0.36
SPLV Invesco S&P 500 Low Volatili Add +5.1% 6.35% +0.30
VFMO Vanguard US Momentum Factor Add +10.3% 1.60% +0.16
EFAV iShares MSCI Eafe Min Vol Fa Add +1.0% 3.32% +0.14
XSMO Invesco S&P Smallcap Momentu Add +1.4% 2.52% +0.11
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +14.3% 1.47% +0.08
SCHX Schwab US Large-Cap ETF Add +21.6% 0.69% +0.08
XSLV Invesco S&P Smallcap Low Vol Add +4.6% 2.01% +0.08
NFG National Fuel Gas Co. Add +96.8% 0.13% +0.07
GLW Corning Inc. New 0.06% +0.06
BSV Vanguard Short-Term Bond ETF Add +78.5% 0.14% +0.06
DFIV Dimensional International Va Add +3.1% 0.87% +0.05
IVV iShares Core S&P 500 ETF Add +14.8% 0.82% +0.05
VEA Vanguard Ftse Developed ETF Add +6.8% 0.70% +0.04
IJR iShares Core S&P Small-Cap E Add +8.2% 0.49% +0.04
IBIT iShares Bitcoin Trust ETF Add +133.5% 0.09% +0.04
AVLV Avantis US Large Cap Value Add +2.0% 0.65% +0.04
SPHD Invesco S&P 500 High Dividen New 0.03% +0.03
BMY Bristol-Myers Squibb Co. New 0.03% +0.03
LIT Global X Lithium & Battery T New 0.03% +0.03
VOE Vngrd Mrngstr MD-Cap Val ETF New 0.03% +0.03
EFA iShares MSCI Eafe ETF Add +29.2% 0.15% +0.03
RZV Invesco S&P Smallcap 600 Pur Add +0.3% 1.35% +0.03
IJH iShares Core S&P Midcap ETF Add +3.1% 0.95% +0.03
AVES Avantis Emerging Markets Val Add +0.3% 3.42% +0.02
ESGD iShares Trust iShares ESG Aw Add +13.1% 0.22% +0.02
JNJ Johnson & Johnson Add +25.4% 0.06% +0.02
MRK Merck & Co. Inc. Add +9.3% 0.09% +0.02
AVEM Avantis Emerging Markets Eq Add +0.4% 0.67% +0.02
EFIV SS SPDR S&P 500 ESG ETF Add +12.0% 0.37% +0.01
AVSC Avantis US Small Cap Equity Add +19.0% 0.06% +0.01
SPMD SS SPDR P S&P 400 Midcap ETF Add +4.6% 0.23% +0.01
SPSM SS SPDR P S&P 600 Small Cap Add +2.6% 0.28% +0.01
VYM Vanguard High DVD Yield ETF Add +12.3% 0.07% +0.01
XJH Ishare ESG SS S&P Midcap ETF Add +12.8% 0.07% +0.01
INTF iShares International Equity Add +2.5% 0.21% +0.01
GOOG Alphabet Inc. Class C Add +19.9% 0.06% +0.00
ESGE iShares Inc. iShares ESG Awar Add +4.2% 0.04% +0.00
RTX RTX Corp. Add +1.6% 0.04% +0.00
SPDW Ste STR SPDR PT DW Eu ETF Add +3.0% 0.05% +0.00
PM Philip Morris International Add +0.4% 0.15% +0.00
VB Vanguard Most SM-Cap ETF-Usd Add +0.6% 0.18% −0.00
SMMV iShares MSCI USA Small-Cap M Add +1.4% 0.33% −0.00
QQQ Invesco QQQ Trust Series 1 Add +8.4% 0.26% −0.00
AMZN Amazon.com Inc. Add +8.4% 0.05% −0.00
IEFA iShares Core MSCI Eafe ETF Add +1.1% 2.33% −0.00
VWO Vanguard Ftse Emerging Marke Add +1.1% 0.32% −0.00
TSLA Tesla Inc. Add +14.3% 0.05% −0.00
ABBV Abbvie Inc. Add +1.4% 0.08% −0.00
IWV iShares Russell 3000 ETF Add +0.6% 0.11% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 125$670.8MMTUM, VFVA, RPV, SPLV, QUAL
Q1 2026 132$610.2MVFVA, MTUM, RPV, SPLV, QUAL
Q4 2025 132$595.5MVFVA, MTUM, RPV, SPLV, QUAL
Q3 2025 131$587.6MVFVA, MTUM, SPLV, RPV, QUAL
Q2 2025 128$552.1MVFVA, MTUM, SPLV, RPV, QUAL
Q1 2025 128$501.4MVFVA, MTUM, SPLV, RPV, QUAL
Q4 2024 132$492.2MVFVA, MTUM, RPV, SPLV, QUAL
Q3 2024 130$502.0MVFVA, MTUM, RPV, SPLV, QUAL
Q2 2024 118$481.6MVFVA, MTUM, RPV, SPLV, QUAL
Q1 2024 107$470.0MVFVA, MTUM, RPV, SPLV, QUAL