Armbruster Capital Management, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 16, 2026), Armbruster Capital Management, Inc. reported 125 stock positions worth $670.8 million. Its top holding was iShares MSCI USA Momentum Fa (MTUM) at 10.5% of the portfolio, followed by Vanguard U.S. Value Factor (VFVA, 9.6%) and Invesco S&P 500 Pure Value E (RPV, 6.2%). Compared with Q1 2026, it opened 2 new positions, sold out of 9, added to 25 and reduced 60. The biggest buy was iShares MSCI USA Quality Fac (QUAL, shares +1%) and the biggest sale an exit from Exxon Mobil (XOM).

Most Recent 13F
Q2 2026
Location
PITTSFORD, NY
CIK
0001664847
Portfolio Value
$670.8M (Q2 2026)
SEC Filing
0001140361-26-028635 ↗ filed Jul 16, 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 Q1 2026 Q2 2026: $670.8M $670.8M Q2 2026

Holdings 125 stocks · $670.8M
MTUM iShares MSCI USA Momentum Fa 10.54% 206,320 $70.7M Reduce -2.9%
VFVA Vanguard U.S. Value Factor 9.55% 431,781 $64.1M Reduce -0.0%
RPV Invesco S&P 500 Pure Value E 6.22% 366,841 $41.8M Reduce -0.9%
SPLV Invesco S&P 500 Low Volatili 6.03% 540,041 $40.4M Add +1.9%
QUAL iShares MSCI USA Quality Fac 5.62% 171,926 $37.7M Add +0.9%
VFQY Vanguard U.S. Quality Factor 4.87% 191,754 $32.7M Add +0.7%
IVLU iShares MSCI International V 4.19% 671,710 $28.1M Reduce -0.5%
IMTM iShares MSCI Intl Momentum F 3.66% 460,391 $24.6M Add +1.6%
IQLT iShares MSCI International Q 3.52% 477,138 $23.6M Add +1.9%
AVES Avantis Emerging Markets Val 3.46% 353,764 $23.2M Add +1.5%
EFAV iShares MSCI Eafe Min Vol Fa 2.99% 228,932 $20.1M Add +3.4%
XSMO Invesco S&P Smallcap Momentu 2.77% 198,166 $18.6M Reduce -2.1%
USMV iShares MSCI USA Min Vol Fac 2.38% 165,518 $16.0M Reduce -0.3%
XSLV Invesco S&P Smallcap Low Vol 2.08% 265,916 $13.9M Add +2.3%
IEFA iShares Core MSCI Eafe ETF 2.07% 143,475 $13.9M Reduce -8.6%
VFMO Vanguard US Momentum Factor 1.77% 47,516 $11.9M Reduce -4.2%
QVMT Invesco S&P 500 Concentrated 1.63% 156,628 $10.9M Reduce -0.5%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.53% 29,828 $10.3M Reduce -0.3%
RZV Invesco S&P Smallcap 600 Pur 1.42% 63,762 $9.5M Reduce -3.5%
EMGF iShares Emerging Markets Equ 1.37% 125,334 $9.2M Reduce -4.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.19% 10,653 $8.0M Reduce -0.0%
IEMG iShares Core MSCI Emerging 1.09% 87,878 $7.3M Reduce -5.7%
SCHF Schwab Intl Equity ETF 1.07% 258,406 $7.2M Reduce -0.1%
IJH iShares Core S&P Midcap ETF 0.99% 85,925 $6.6M Reduce -0.4%
VOO Vanguard S&P 500 ETF 0.85% 8,278 $5.7M Reduce -15.7%
IVV iShares Core S&P 500 ETF 0.84% 7,548 $5.7M Reduce -0.9%
DFIV Dimensional International Va 0.78% 96,770 $5.2M Reduce -3.4%
VEA Vanguard Ftse Developed ETF 0.69% 64,833 $4.6M Reduce -2.6%
AVEM Avantis Emerging Markets Eq 0.66% 45,733 $4.4M Reduce -10.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.64% 53,688 $4.3M Reduce -4.3%
SCHX Schwab US Large-Cap ETF 0.61% 138,755 $4.1M Reduce -15.4%
AVLV Avantis US Large Cap Value 0.54% 39,958 $3.6M Reduce -18.3%
IJR iShares Core S&P Small-Cap E 0.54% 24,238 $3.6M No change
AVDE Avantis International Equity 0.53% 40,089 $3.6M Reduce -18.2%
IDLV Invesco S&P International DE 0.50% 96,900 $3.3M Reduce -4.3%
ESGV Vanguard ESG US Stock ETF 0.44% 22,528 $3.0M Add +0.2%
EFIV SS SPDR S&P 500 ESG ETF 0.38% 35,346 $2.6M Reduce -0.8%
AAPL Apple Inc. 0.36% 8,401 $2.4M Reduce -3.9%
BRK.B Berkshire Hathaway Inc. Class B 0.36% 4,854 $2.4M Reduce -1.2%
AVUV Avantis US Small Cap Value 0.32% 17,178 $2.1M Reduce -16.5%
VWO Vanguard Ftse Emerging Marke 0.31% 34,731 $2.1M Reduce -4.0%
VTI VG Morningstar TS MKT ETF-US 0.31% 5,584 $2.1M Add +82.1%
SMMV iShares MSCI USA Small-Cap M 0.29% 42,800 $2.0M Reduce -8.0%
JPM JPMorgan Chase & Co. 0.24% 4,820 $1.6M Reduce -32.0%
SPSM SS SPDR P S&P 600 Small Cap 0.23% 27,209 $1.6M Reduce -23.8%
SPTM SS SPDR P S&P 1500 Comp ETF 0.23% 16,779 $1.5M Reduce -1.1%
BNL Broadstone Net Lease Inc. 0.22% 70,554 $1.5M No change
AVLC Avantis US LG Cap Eq ETF 0.22% 16,200 $1.5M Reduce -22.9%
ESGD iShares Trust iShares ESG Aw 0.22% 14,147 $1.5M Add +2.6%
SPMD SS SPDR P S&P 400 Midcap ETF 0.20% 19,727 $1.3M Reduce -17.1%
INTC Intel Corp. 0.20% 9,465 $1.3M Reduce -57.2%
SCHE Schwab Emrg Mrkts Eqty ETF 0.19% 35,056 $1.3M Add +0.0%
VB Vanguard Most SM-Cap ETF-Usd 0.19% 4,134 $1.3M Reduce -2.7%
INTF iShares International Equity 0.18% 29,375 $1.2M Reduce -12.6%
MSFT Microsoft Corp. 0.18% 3,201 $1.2M Reduce -0.9%
XMMO Invesco S&P Midcap Momentum 0.18% 6,959 $1.2M No change
VTV Vanguard Mrngstr Val ETF-Aui 0.17% 5,387 $1.2M Add +1.6%
PWB Invesco Large Cap Growth ETF 0.16% 6,370 $1.1M No change
GOOGL Alphabet Inc. Class A 0.15% 2,866 $1.0M Reduce -0.3%
EFA iShares MSCI Eafe ETF 0.14% 9,276 $964K No change
VNQ Vanguard Real Estate ETF 0.14% 9,826 $948K Add +3.6%
PAYX Paychex Inc. 0.14% 9,390 $923K Reduce -53.7%
EEMV iShares MSCI Emg MKT Min Vol 0.13% 11,700 $881K Reduce -2.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.13% 3,614 $878K No change
BSV Vanguard Short-Term Bond ETF 0.13% 11,087 $864K No change
AVGO Broadcom Inc. 0.13% 2,251 $850K Reduce -25.2%
SCHA Schwab US Small-Cap ETF 0.12% 21,805 $788K Reduce -0.3%
IWV iShares Russell 3000 ETF 0.12% 1,840 $785K Add +0.6%
QQQ Invesco QQQ Trust Series 1 0.12% 1,056 $778K Reduce -61.8%
PWV Invesco Large Cap Value ETF 0.11% 10,117 $767K No change
AMGN Amgen Inc. 0.11% 1,978 $716K Reduce -0.1%
GLW Corning Inc. 0.11% 2,769 $707K No change
NFG National Fuel Gas Co. 0.10% 8,723 $674K No change
ORCL Oracle Corp. 0.10% 4,390 $643K Reduce -0.5%
NEE Nextera Energy Inc. 0.10% 7,270 $638K No change
XSVM Invesco S&P Smallcap Value W 0.09% 9,094 $633K No change
XMVM Invesco S&P Midcap Value Wit 0.09% 8,749 $620K No change
ACWV iShares MSCI Global Min Vol 0.09% 5,160 $620K No change
VEU Vanguard Ftse All-World Ex-U 0.09% 7,351 $616K No change
XAR SS SPDR S&P Aerospace Def 0.09% 2,160 $613K No change
CSCO Cisco Systems Inc. 0.08% 4,820 $566K No change
ABBV Abbvie Inc. 0.08% 2,181 $549K No change
IUSG iShares Core S&P U.S. Growth 0.08% 2,900 $545K No change
SCHB Schwab US Broad Market ETF 0.08% 18,071 $523K Add +0.6%
HD Home Depot Inc. 0.07% 1,418 $500K No change
WMT Walmart Inc. 0.07% 4,395 $498K No change
XJH Ishare ESG SS S&P Midcap ETF 0.07% 9,425 $492K Add +2.2%
UNH Unitedhealth Group Inc. 0.07% 1,175 $488K No change
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.07% 923 $482K No change
GOOG Alphabet Inc. Class C 0.07% 1,354 $478K Add +0.8%
TMO Thermo Fisher Scientific Inc. 0.07% 926 $464K No change
VSS Vanguard Ftse All Wo X-US SC 0.07% 2,949 $455K No change
IBIT iShares Bitcoin Trust ETF 0.07% 13,643 $454K No change
SCHM Schwab US Mid Cap ETF 0.07% 11,845 $437K No change
VYM Vanguard High DVD Yield ETF 0.06% 2,742 $433K No change
PM Philip Morris International 0.06% 2,278 $412K Reduce -59.5%
SHW The Sherwin-Williams Co. 0.06% 1,194 $411K No change
JNJ Johnson & Johnson 0.06% 1,613 $410K Add +10.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 1,440 $405K Reduce -4.3%
VXUS Vanguard Total Intl Stock 0.06% 4,731 $404K Add +32.9%
XJR Ishr ESG SS S&P Smal-Cap-Usd 0.06% 7,546 $398K Add +2.6%
AVSC Avantis US Small Cap Equity 0.06% 5,360 $393K Reduce -12.1%
FLEX Flex Ltd. 0.06% 2,337 $379K New
AMZN Amazon.com Inc. 0.06% 1,547 $369K No change
VDC Vanguard Consumer Staple ETF 0.05% 1,630 $368K No change
SPHQ Invesco S&P 500 Quality ETF 0.05% 4,000 $360K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.05% 7,002 $353K Add +1.6%
MRK Merck & Co. Inc. 0.05% 2,670 $343K Reduce -43.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.05% 2,242 $340K No change
META Meta Platforms Inc. Class A 0.05% 602 $339K No change
TSLA Tesla Inc. 0.05% 799 $336K No change
SLYV SS SPDR S&P 600 SC Val ETF 0.05% 3,038 $331K Reduce -1.6%
GS Goldman Sachs Group Inc. 0.05% 305 $308K Add +0.3%
NVDA Nvidia Corp. 0.05% 1,526 $305K Reduce -34.7%
COST Costco Wholesale Corp. 0.05% 324 $303K No change
ESGE iShares Inc. iShares ESG Awar 0.04% 4,900 $268K Reduce -2.0%
MMM 3M Co. 0.04% 1,500 $243K No change
RTX RTX Corp. 0.04% 1,272 $241K Add +0.3%
PG The Procter & Gamble Co. 0.03% 1,585 $232K Reduce -44.1%
KO The Coca-Cola Co. 0.03% 2,814 $229K Reduce -54.7%
CVX Chevron Corp. 0.03% 1,327 $220K Reduce -34.5%
IAU iShares Gold Trust 0.03% 2,900 $219K Reduce -61.5%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 1,098 $217K No change
SPHD Invesco S&P 500 High Dividen 0.03% 4,226 $215K Add +1.3%
DGRW Wisdomtree U.S. Quality Divi 0.03% 2,177 $208K New

Portfolio Sells Q1 2026 → Q2 2026
XOM Exxon Mobil Corp. Sold out 0.00% −0.31
RPV Invesco S&P 500 Pure Value E Reduce -0.9% 6.22% −0.29
IEFA iShares Core MSCI Eafe ETF Reduce -8.6% 2.07% −0.26
IVLU iShares MSCI International V Reduce -0.5% 4.19% −0.20
PH Parker Hannifin Corp. Sold out 0.00% −0.17
PAYX Paychex Inc. Reduce -53.7% 0.14% −0.17
AVDE Avantis International Equity Reduce -18.2% 0.53% −0.15
QQQ Invesco QQQ Trust Series 1 Reduce -61.8% 0.12% −0.15
USMV iShares MSCI USA Min Vol Fac Reduce -0.3% 2.38% −0.14
VOO Vanguard S&P 500 ETF Reduce -15.7% 0.85% −0.11
JPM JPMorgan Chase & Co. Reduce -32.0% 0.24% −0.11
AVLV Avantis US Large Cap Value Reduce -18.3% 0.54% −0.10
GE General Electric Sold out 0.00% −0.10
UNP Union Pacific Corp. Sold out 0.00% −0.09
PM Philip Morris International Reduce -59.5% 0.06% −0.09
DFIV Dimensional International Va Reduce -3.4% 0.78% −0.09
SCHX Schwab US Large-Cap ETF Reduce -15.4% 0.61% −0.08
GEV GE Vernova Inc. Sold out 0.00% −0.08
IAU iShares Gold Trust Reduce -61.5% 0.03% −0.08
IDLV Invesco S&P International DE Reduce -4.3% 0.50% −0.07
AVUV Avantis US Small Cap Value Reduce -16.5% 0.32% −0.05
AVLC Avantis US LG Cap Eq ETF Reduce -22.9% 0.22% −0.05
SPSM SS SPDR P S&P 600 Small Cap Reduce -23.8% 0.23% −0.05
KO The Coca-Cola Co. Reduce -54.7% 0.03% −0.04
MRK Merck & Co. Inc. Reduce -43.1% 0.05% −0.04
ALL Allstate Corp. Sold out 0.00% −0.04
SMMV iShares MSCI USA Small-Cap M Reduce -8.0% 0.29% −0.04
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.04
CVX Chevron Corp. Reduce -34.5% 0.03% −0.04
INTF iShares International Equity Reduce -12.6% 0.18% −0.04
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.03
LIT Global X Lithium & Battery T Sold out 0.00% −0.03
PG The Procter & Gamble Co. Reduce -44.1% 0.03% −0.03
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -17.1% 0.20% −0.03
AVGO Broadcom Inc. Reduce -25.2% 0.13% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.2% 0.36% −0.02
NVDA Nvidia Corp. Reduce -34.7% 0.05% −0.02
MSFT Microsoft Corp. Reduce -0.9% 0.18% −0.02
AVEM Avantis Emerging Markets Eq Reduce -10.3% 0.66% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -4.3% 0.64% −0.02
VWO Vanguard Ftse Emerging Marke Reduce -4.0% 0.31% −0.01
ORCL Oracle Corp. Reduce -0.5% 0.10% −0.01
VEA Vanguard Ftse Developed ETF Reduce -2.6% 0.69% −0.01
AMGN Amgen Inc. Reduce -0.1% 0.11% −0.01
AVSC Avantis US Small Cap Equity Reduce -12.1% 0.06% −0.00
AAPL Apple Inc. Reduce -3.9% 0.36% −0.00
IBM Intl Business Machines Corp. Reduce -4.3% 0.06% +0.00
SLYV SS SPDR S&P 600 SC Val ETF Reduce -1.6% 0.05% +0.00
ESGE iShares Inc. iShares ESG Awar Reduce -2.0% 0.04% +0.00
EEMV iShares MSCI Emg MKT Min Vol Reduce -2.7% 0.13% +0.00

Portfolio Buys Q1 2026 → Q2 2026
QUAL iShares MSCI USA Quality Fac Add +0.9% 5.62% +0.27
VFQY Vanguard U.S. Quality Factor Add +0.7% 4.87% +0.21
VTI VG Morningstar TS MKT ETF-US Add +82.1% 0.31% +0.15
IMTM iShares MSCI Intl Momentum F Add +1.6% 3.66% +0.10
XSLV Invesco S&P Smallcap Low Vol Add +2.3% 2.08% +0.07
FLEX Flex Ltd. New 0.06% +0.06
AVES Avantis Emerging Markets Val Add +1.5% 3.46% +0.04
DGRW Wisdomtree U.S. Quality Divi New 0.03% +0.03
ESGV Vanguard ESG US Stock ETF Add +0.2% 0.44% +0.03
VXUS Vanguard Total Intl Stock Add +32.9% 0.06% +0.02
GOOG Alphabet Inc. Class C Add +0.8% 0.07% +0.01
XJR Ishr ESG SS S&P Smal-Cap-Usd Add +2.6% 0.06% +0.01
IWV iShares Russell 3000 ETF Add +0.6% 0.12% +0.01
XJH Ishare ESG SS S&P Midcap ETF Add +2.2% 0.07% +0.00
VTV Vanguard Mrngstr Val ETF-Aui Add +1.6% 0.17% +0.00
SCHB Schwab US Broad Market ETF Add +0.6% 0.08% +0.00
GS Goldman Sachs Group Inc. Add +0.3% 0.05% +0.00
VNQ Vanguard Real Estate ETF Add +3.6% 0.14% +0.00
JNJ Johnson & Johnson Add +10.7% 0.06% +0.00
SPDW Ste STR SPDR PT DW Eu ETF Add +1.6% 0.05% +0.00
ESGD iShares Trust iShares ESG Aw Add +2.6% 0.22% +0.00
SCHE Schwab Emrg Mrkts Eqty ETF Add +0.0% 0.19% +0.00
SPHD Invesco S&P 500 High Dividen Add +1.3% 0.03% −0.00
RTX RTX Corp. Add +0.3% 0.04% −0.00
IQLT iShares MSCI International Q Add +1.9% 3.52% −0.02
SPLV Invesco S&P 500 Low Volatili Add +1.9% 6.03% −0.32
EFAV iShares MSCI Eafe Min Vol Fa Add +3.4% 2.99% −0.32

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