Strategic Financial Services, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 23, 2025), Strategic Financial Services, Inc. reported 133 stock positions worth $1.7 billion. Its top holding was iShares International Equity (INTF) at 15.6% of the portfolio, followed by iShares US Smallcap Equity F (SMLF, 13.1%) and iShares US Equity Factor ETF (LRGF, 12.6%). Compared with Q4 2024, it opened 3 new positions, sold out of 6, added to 34 and reduced 65. The biggest buy was iShares International Equity (INTF, shares +2%) and the biggest sale iShares Intermediate Governm (GVI, shares −15%).

Most Recent 13F
Q2 2026
Location
UTICA, NY
CIK
0001432539
Portfolio Value
$1.7B (Q1 2025)
SEC Filing
0001432539-25-000006 ↗ filed May 23, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.7B $1.7B Q1 2025 Q2 2025: $1.9B Q2 2025 Q3 2025: $2.0B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 133 stocks · $1.7B
INTF iShares International Equity 15.64% 8,657,795 $267.0M Add +1.8%
SMLF iShares US Smallcap Equity F 13.13% 3,606,933 $224.2M Add +0.9%
LRGF iShares US Equity Factor ETF 12.63% 3,726,234 $215.7M Add +1.2%
VGIT Vanguard Intermediate-Term T 7.55% 2,171,286 $129.0M Add +11.9%
GLDM SPDR Gold Minishares Trust 5.58% 1,539,154 $95.3M Reduce -5.1%
EMGF iShares Emerging Markets Equ 5.11% 1,865,472 $87.3M Add +2.9%
VCSH Vanguard S/T Corp. Bond ETF 4.76% 1,029,788 $81.3M Add +3.2%
VCIT Vanguard Int-Term Corporate 3.84% 802,796 $65.6M Add +2.3%
VGLT Vanguard Long-Term Treasury 3.50% 1,035,908 $59.7M Reduce -2.6%
EUSA iShares MSCI USA Equal Weigh 2.64% 482,044 $45.1M Add +16.1%
MTUM iShares MSCI USA Momentum Fa 2.62% 221,605 $44.8M Add +0.2%
VFMO Vanguard US Momentum Factor 2.39% 269,499 $40.9M Add +1.7%
VTIP Vanguard Short-Term Tips 2.19% 748,143 $37.3M Add +5.5%
DFIV Dimensional International Va 1.97% 856,439 $33.7M Add +1.1%
GVI iShares Intermediate Governm 1.86% 298,977 $31.7M Reduce -14.7%
GSIE Goldman Sachs Activebeta Int 1.84% 882,042 $31.4M Reduce -5.3%
XBI SS SPDR S&P Biotech ETF 1.25% 262,569 $21.3M Add +5.7%
AAPL Apple Inc. 0.95% 72,974 $16.2M Reduce -2.3%
VWOB Vanguard Emerg MKTS Gov BND 0.78% 206,172 $13.2M Reduce -1.1%
GLD SPDR Gold Shares 0.67% 39,826 $11.5M Reduce -13.2%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.51% 321,637 $8.8M Add +64.1%
GSLC Goldman Activebeta US LC ETF 0.43% 66,917 $7.4M Reduce -2.7%
GEM Goldman Sachs Activebeta Em 0.42% 216,057 $7.2M Reduce -6.3%
JPM JPMorgan Chase & Co. 0.39% 27,055 $6.6M Reduce -4.6%
MSFT Microsoft Corp. 0.38% 17,095 $6.4M Reduce -1.9%
V Visa Inc. Class A 0.34% 16,695 $5.9M Reduce -2.9%
GOOG Alphabet Inc. Class C 0.33% 35,697 $5.6M Reduce -2.1%
MCK McKesson Corp. 0.28% 7,180 $4.8M Reduce -0.7%
ORCL Oracle Corp. 0.22% 27,335 $3.8M Reduce -4.2%
GSSC Goldman Sachs Activebeta US 0.22% 58,925 $3.7M Add +48.7%
KLAC KLA Corp. 0.21% 5,250 $3.6M Reduce -4.3%
BLK BlackRock Inc. 0.19% 3,392 $3.2M Reduce -5.7%
COST Costco Wholesale Corp. 0.17% 3,116 $2.9M Add +0.4%
UNH Unitedhealth Group Inc. 0.17% 5,460 $2.9M Reduce -1.1%
LRCX Lam Research Corp. 0.17% 38,800 $2.8M Reduce -9.5%
QCOM Qualcomm Inc. 0.16% 18,016 $2.8M Reduce -6.0%
XOM Exxon Mobil Corp. 0.16% 22,392 $2.7M Add +0.0%
MTB M & T Bank Corp. filed as M & T BK CORP 0.15% 14,444 $2.6M Reduce -1.1%
IGSB iShares 1-5Y Inv Grade Corp. 0.15% 47,990 $2.5M Reduce -17.9%
NEE Nextera Energy Inc. 0.15% 34,977 $2.5M Reduce -2.1%
VTI VG Morningstar TS MKT ETF-US 0.14% 8,482 $2.3M Reduce -2.9%
BRK.B Berkshire Hathaway Inc. Class B 0.13% 4,315 $2.3M Reduce -1.1%
JMOM JPMorgan US Momentum Factor 0.12% 37,092 $2.1M Reduce -1.8%
BKNG Booking Holdings Inc. 0.12% 450 $2.1M Reduce -3.2%
AMZN Amazon.com Inc. 0.12% 10,356 $2.0M Add +0.3%
MRK Merck & Co. Inc. 0.11% 20,621 $1.9M Reduce -12.1%
NXPI NXP Semiconductors NV 0.11% 9,574 $1.8M Reduce -24.3%
TSLA Tesla Inc. 0.10% 6,617 $1.7M Reduce -6.5%
PEP Pepsico Inc. 0.10% 11,102 $1.7M Reduce -27.3%
VXUS Vanguard Total Intl Stock 0.10% 26,500 $1.6M Add +1.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.10% 13,499 $1.6M Reduce -0.6%
CSCO Cisco Systems Inc. 0.09% 25,891 $1.6M Reduce -4.0%
JNJ Johnson & Johnson 0.09% 9,289 $1.5M Reduce -4.3%
GOOGL Alphabet Inc. Class A 0.08% 8,591 $1.3M Reduce -10.5%
VTEB Vanguard Tax-Exempt Bond ETF 0.08% 26,162 $1.3M Add +31.4%
PG The Procter & Gamble Co. 0.07% 7,353 $1.3M Reduce -3.3%
NVDA Nvidia Corp. 0.07% 11,286 $1.2M Reduce -11.3%
IWF iShares Russell 1000 Growth 0.06% 3,070 $1.1M Reduce -10.6%
VIG Vanguard Dividend Apprec ETF 0.06% 5,467 $1.1M Reduce -12.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 4,189 $1.0M Reduce -7.1%
VTWO Vanguard Russell 2000 ETF 0.06% 12,450 $1.0M Add +7.6%
MA Mastercard Inc. Class A 0.06% 1,779 $975K Reduce -0.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 2,517 $933K Add +16.1%
ULTA Ulta Beauty Inc. 0.05% 2,519 $923K Reduce -27.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 1,582 $885K Reduce -2.8%
GE General Electric filed as GE AEROSPACE 0.05% 4,286 $858K No change
ABBV Abbvie Inc. 0.05% 4,084 $856K Reduce -4.5%
META Meta Platforms Inc. Class A 0.05% 1,428 $823K Reduce -0.4%
ADP Automatic Data Processing 0.05% 2,595 $793K No change
VEA Vanguard Ftse Developed ETF 0.05% 15,355 $780K No change
CMF iShares California Muni Bond 0.04% 13,394 $754K Add +95.7%
PSX Phillips 66 0.04% 5,995 $740K No change
DE Deere & Co. 0.04% 1,549 $727K Reduce -5.5%
GS Goldman Sachs Group Inc. 0.04% 1,135 $620K Add +9.6%
CB Chubb Ltd. 0.04% 2,050 $619K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.04% 2,485 $608K Add +5.2%
MS Morgan Stanley 0.03% 5,082 $593K No change
CNMD Conmed Corp. 0.03% 9,499 $574K Reduce -4.3%
WMT Walmart Inc. 0.03% 6,478 $569K Add +0.4%
PSA Public Storage 0.03% 1,895 $567K No change
MCD McDonald's Corp. 0.03% 1,790 $559K No change
DFAT Dimensional US Target Value 0.03% 10,714 $552K No change
SBIO Alps Medical Breakthroughs 0.03% 19,225 $548K Add +12.7%
ELV Elevance Health Inc. 0.03% 1,254 $545K Reduce -14.0%
VWO Vanguard Ftse Emerging Marke 0.03% 11,950 $541K Add +3.9%
CBU Community Financial System I 0.03% 9,035 $514K Reduce -2.3%
HD Home Depot Inc. 0.03% 1,358 $498K Add +0.4%
IEMG iShares Core MSCI Emerging 0.03% 9,189 $496K No change
VB Vanguard Most SM-Cap ETF-Usd 0.03% 2,207 $489K No change
SCHW Schwab (charles) Corp. 0.03% 6,184 $484K No change
NWFL Norwood Financial Corp. 0.03% 19,846 $480K No change
IWM iShares Russell 2000 ETF 0.03% 2,391 $477K Reduce -1.2%
ABT Abbott Laboratories 0.03% 3,568 $473K Reduce -2.9%
KO The Coca-Cola Co. 0.03% 6,512 $466K Reduce -4.9%
CVX Chevron Corp. 0.03% 2,662 $445K Add +0.2%
LLY Eli Lilly & Co. 0.03% 531 $439K Reduce -0.2%
MDLZ Mondelez International Inc. Class A 0.03% 6,431 $436K Reduce -55.4%
EMB iShares JP Morgan Usd Emergi 0.02% 4,548 $412K Reduce -29.4%
DFUV Dimensional US Marketwide Va 0.02% 9,942 $410K No change
IDXX Idexx Laboratories Inc. 0.02% 908 $381K No change
VLUE iShares MSCI USA Value Facto 0.02% 3,500 $373K Reduce -86.2%
SUB iShares Short-Term National 0.02% 3,422 $361K New
ITW Illinois Tool Works 0.02% 1,446 $359K No change
TRV The Travelers Cos Inc. 0.02% 1,332 $352K No change
CSX CSX Corp. 0.02% 11,591 $341K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 1,290 $334K Reduce -16.2%
WM Waste Management Inc. 0.02% 1,413 $327K No change
GEV GE Vernova Inc. 0.02% 1,060 $324K Reduce -4.5%
TMP Tompkins Financial Corp. 0.02% 5,095 $321K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.02% 1,242 $313K No change
RTX RTX Corp. 0.02% 2,309 $306K Reduce -22.3%
VZ Verizon Communications Inc. 0.02% 6,666 $302K Reduce -6.3%
HIG Hartford Insurance Group Inc. 0.02% 2,441 $302K Reduce -0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 3,038 $300K Reduce -1.4%
VONE Vanguard Russell 1000 0.02% 1,150 $292K Add +35.3%
VEU Vanguard Ftse All-World Ex-U 0.02% 4,748 $288K Add +4.0%
ALL Allstate Corp. 0.02% 1,374 $285K No change
CL Colgate-Palmolive Co. 0.01% 2,710 $254K No change
HON Honeywell International Inc. 0.01% 1,195 $253K Reduce -82.2%
CMG Chipotle Mexican Grill Inc. 0.01% 5,000 $251K Reduce -0.5%
SO The Southern Co. 0.01% 2,689 $247K No change
WFC Wells Fargo & Co. 0.01% 3,393 $244K Add +10.8%
COP Conocophillips 0.01% 2,262 $238K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 352 $233K No change
IEFA iShares Core MSCI Eafe ETF 0.01% 2,957 $224K Add +0.1%
NKE Nike Inc. Class B 0.01% 3,481 $221K Reduce -11.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.01% 1,165 $217K No change
HSY The Hershey Co. 0.01% 1,244 $213K No change
SCHH Schwab US REIT ETF 0.01% 9,800 $211K No change
NFLX Netflix Inc. 0.01% 222 $207K New
NBTB N B T Bancorp Inc. 0.01% 4,777 $205K No change
BBH Vaneck Biotech ETF 0.01% 1,288 $203K New
ICCC Immucell Corp. 0.01% 31,000 $148K No change

Portfolio Sells Q4 2024 → Q1 2025
GVI iShares Intermediate Governm Reduce -14.7% 1.86% −0.32
AAPL Apple Inc. Reduce -2.3% 0.95% −0.17
VLUE iShares MSCI USA Value Facto Reduce -86.2% 0.02% −0.14
GOOG Alphabet Inc. Class C Reduce -2.1% 0.33% −0.09
HON Honeywell International Inc. Reduce -82.2% 0.01% −0.08
TSLA Tesla Inc. Reduce -6.5% 0.10% −0.07
MSFT Microsoft Corp. Reduce -1.9% 0.38% −0.06
ORCL Oracle Corp. Reduce -4.2% 0.22% −0.06
NXPI NXP Semiconductors NV Reduce -24.3% 0.11% −0.05
GSLC Goldman Activebeta US LC ETF Reduce -2.7% 0.43% −0.04
PEP Pepsico Inc. Reduce -27.3% 0.10% −0.04
ULTA Ulta Beauty Inc. Reduce -27.0% 0.05% −0.04
SWKS Skyworks Solutions Inc. Sold out 0.00% −0.03
IGSB iShares 1-5Y Inv Grade Corp. Reduce -17.9% 0.15% −0.03
BLK BlackRock Inc. Reduce -5.7% 0.19% −0.03
MRK Merck & Co. Inc. Reduce -12.1% 0.11% −0.03
GOOGL Alphabet Inc. Class A Reduce -10.5% 0.08% −0.03
NVDA Nvidia Corp. Reduce -11.3% 0.07% −0.03
MDLZ Mondelez International Inc. Class A Reduce -55.4% 0.03% −0.03
LRCX Lam Research Corp. Reduce -9.5% 0.17% −0.02
GEM Goldman Sachs Activebeta Em Reduce -6.3% 0.42% −0.02
IWF iShares Russell 1000 Growth Reduce -10.6% 0.06% −0.02
JPM JPMorgan Chase & Co. Reduce -4.6% 0.39% −0.02
VGLT Vanguard Long-Term Treasury Reduce -2.6% 3.50% −0.02
BKNG Booking Holdings Inc. Reduce -3.2% 0.12% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -2.9% 0.14% −0.01
QCOM Qualcomm Inc. Reduce -6.0% 0.16% −0.01
CAT Caterpillar Inc. Sold out 0.00% −0.01
MTB M & T Bank Corp. Reduce -1.1% 0.15% −0.01
DHR Danaher Corp. Sold out 0.00% −0.01
PPG PPG Industries Inc. Sold out 0.00% −0.01
SCHA Schwab US Small-Cap ETF Sold out 0.00% −0.01
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.01
VIG Vanguard Dividend Apprec ETF Reduce -12.6% 0.06% −0.01
EMB iShares JP Morgan Usd Emergi Reduce -29.4% 0.02% −0.01
VWOB Vanguard Emerg MKTS Gov BND Reduce -1.1% 0.78% −0.01
GSIE Goldman Sachs Activebeta Int Reduce -5.3% 1.84% −0.01
JMOM JPMorgan US Momentum Factor Reduce -1.8% 0.12% −0.01
NEE Nextera Energy Inc. Reduce -2.1% 0.15% −0.01
CNMD Conmed Corp. Reduce -4.3% 0.03% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.8% 0.05% −0.01
NKE Nike Inc. Class B Reduce -11.7% 0.01% −0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -16.2% 0.02% −0.00
IWM iShares Russell 2000 ETF Reduce -1.2% 0.03% −0.00
CBU Community Financial System I Reduce -2.3% 0.03% −0.00
CMG Chipotle Mexican Grill Inc. Reduce -0.5% 0.01% −0.00
DIS The Walt Disney Co. Reduce -1.4% 0.02% −0.00
GEV GE Vernova Inc. Reduce -4.5% 0.02% −0.00
PG The Procter & Gamble Co. Reduce -3.3% 0.07% −0.00
RTX RTX Corp. Reduce -22.3% 0.02% −0.00

Portfolio Buys Q4 2024 → Q1 2025
INTF iShares International Equity Add +1.8% 15.64% +1.07
VGIT Vanguard Intermediate-Term T Add +11.9% 7.55% +0.84
EUSA iShares MSCI USA Equal Weigh Add +16.1% 2.64% +0.28
EMGF iShares Emerging Markets Equ Add +2.9% 5.11% +0.22
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +64.1% 0.51% +0.21
DFIV Dimensional International Va Add +1.1% 1.97% +0.18
VTIP Vanguard Short-Term Tips Add +5.5% 2.19% +0.14
VCSH Vanguard S/T Corp. Bond ETF Add +3.2% 4.76% +0.12
VCIT Vanguard Int-Term Corporate Add +2.3% 3.84% +0.09
GSSC Goldman Sachs Activebeta US Add +48.7% 0.22% +0.06
SUB iShares Short-Term National New 0.02% +0.02
CMF iShares California Muni Bond Add +95.7% 0.04% +0.02
VTEB Vanguard Tax-Exempt Bond ETF Add +31.4% 0.08% +0.02
XOM Exxon Mobil Corp. Add +0.0% 0.16% +0.01
NFLX Netflix Inc. New 0.01% +0.01
BBH Vaneck Biotech ETF New 0.01% +0.01
VXUS Vanguard Total Intl Stock Add +1.4% 0.10% +0.00
VONE Vanguard Russell 1000 Add +35.3% 0.02% +0.00
CVX Chevron Corp. Add +0.2% 0.03% +0.00
COST Costco Wholesale Corp. Add +0.4% 0.17% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +16.1% 0.05% +0.00
VWO Vanguard Ftse Emerging Marke Add +3.9% 0.03% +0.00
WFC Wells Fargo & Co. Add +10.8% 0.01% +0.00
VEU Vanguard Ftse All-World Ex-U Add +4.0% 0.02% +0.00
GS Goldman Sachs Group Inc. Add +9.6% 0.04% +0.00
IEFA iShares Core MSCI Eafe ETF Add +0.1% 0.01% +0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +5.2% 0.04% −0.00
SBIO Alps Medical Breakthroughs Add +12.7% 0.03% −0.00
WMT Walmart Inc. Add +0.4% 0.03% −0.00
HD Home Depot Inc. Add +0.4% 0.03% −0.00
VTWO Vanguard Russell 2000 ETF Add +7.6% 0.06% −0.00
AMZN Amazon.com Inc. Add +0.3% 0.12% −0.02
XBI SS SPDR S&P Biotech ETF Add +5.7% 1.25% −0.09
MTUM iShares MSCI USA Momentum Fa Add +0.2% 2.62% −0.11
VFMO Vanguard US Momentum Factor Add +1.7% 2.39% −0.20
LRGF iShares US Equity Factor ETF Add +1.2% 12.63% −0.62
SMLF iShares US Smallcap Equity F Add +0.9% 13.13% −1.26

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 155$2.3BINTF, SMLF, LRGF, VGIT, EMGF
Q1 2026 150$2.1BINTF, SMLF, LRGF, VGIT, VCSH
Q4 2025 144$2.2BINTF, SMLF, LRGF, VGIT, EMGF
Q3 2025 142$2.0BINTF, SMLF, LRGF, VGIT, GLDM
Q2 2025 138$1.9BINTF, SMLF, LRGF, VGIT, EMGF
Q1 2025 133$1.7BINTF, SMLF, LRGF, VGIT, GLDM
Q4 2024 136$1.7BINTF, SMLF, LRGF, VGIT, GLDM
Q3 2024 141$1.7BINTF, LRGF, SMLF, GVI, EMGF
Q2 2024 131$1.6BLRGF, SMLF, INTF, GVI, VCSH
Q1 2024 126$1.5BSMLF, LRGF, INTF, GVI, VCSH