Strategic Financial Services, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Strategic Financial Services, Inc. reported 142 stock positions worth $2.0 billion. Its top holding was iShares International Equity (INTF) at 15.5% of the portfolio, followed by iShares US Smallcap Equity F (SMLF, 14.0%) and iShares US Equity Factor ETF (LRGF, 13.2%). Compared with Q2 2025, it opened 8 new positions, sold out of 4, added to 53 and reduced 64. The biggest buy was SPDR Gold Minishares Trust (GLDM, shares +1%) and the biggest sale iShares Intermediate Governm (GVI, shares −2%).

Most Recent 13F
Q2 2026
Location
UTICA, NY
CIK
0001432539
Portfolio Value
$2.0B (Q3 2025)
SEC Filing
0001432539-25-000010 ↗ filed Nov 14, 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 Q1 2025 Q2 2025: $1.9B Q2 2025 Q3 2025: $2.0B $2.0B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 142 stocks · $2.0B
INTF iShares International Equity 15.49% 8,598,454 $308.8M Add +0.3%
SMLF iShares US Smallcap Equity F 13.97% 3,745,097 $278.4M Add +0.0%
LRGF iShares US Equity Factor ETF 13.20% 3,808,047 $263.1M Reduce -0.3%
VGIT Vanguard Intermediate-Term T 7.03% 2,333,044 $140.1M Add +4.3%
GLDM SPDR Gold Minishares Trust 5.36% 1,397,914 $106.9M Add +0.6%
EMGF iShares Emerging Markets Equ 5.32% 1,873,012 $106.0M Reduce -0.1%
VCSH Vanguard S/T Corp. Bond ETF 4.24% 1,056,698 $84.5M Add +1.8%
VCIT Vanguard Int-Term Corporate 3.46% 818,802 $68.9M Add +1.2%
VGLT Vanguard Long-Term Treasury 3.38% 1,186,149 $67.4M Add +1.0%
MTUM iShares MSCI USA Momentum Fa 2.82% 219,222 $56.2M Reduce -0.1%
VFMO Vanguard US Momentum Factor 2.69% 280,279 $53.7M Add +0.3%
VTIP Vanguard Short-Term Tips 1.98% 777,530 $39.4M Add +2.5%
DFIV Dimensional International Va 1.97% 851,030 $39.2M Reduce -0.8%
GSIE Goldman Sachs Activebeta Int 1.91% 927,844 $38.1M Reduce -2.3%
EUSA iShares MSCI USA Equal Weigh 1.81% 350,890 $36.1M Add +3.0%
GVI iShares Intermediate Governm 1.50% 278,586 $29.9M Reduce -2.0%
XBI SS SPDR S&P Biotech ETF 1.43% 285,137 $28.6M Add +1.4%
AAPL Apple Inc. 0.91% 71,604 $18.2M Reduce -0.7%
SIZE iShares MSCI USA Size Factor 0.83% 102,372 $16.5M Reduce -1.2%
VWOB Vanguard Emerg MKTS Gov BND 0.71% 211,666 $14.2M Add +1.3%
GSLC Goldman Activebeta US LC ETF 0.65% 98,740 $12.9M Reduce -4.8%
GLD SPDR Gold Shares 0.50% 27,762 $9.9M Reduce -2.9%
GEM Goldman Sachs Activebeta Em 0.48% 236,749 $9.6M Reduce -3.7%
MSFT Microsoft Corp. 0.44% 17,110 $8.9M Reduce -1.1%
GOOG Alphabet Inc. Class C 0.43% 34,912 $8.5M Reduce -1.0%
JPM JPMorgan Chase & Co. 0.41% 25,969 $8.2M Reduce -2.1%
GSSC Goldman Sachs Activebeta US 0.38% 101,865 $7.6M Reduce -3.6%
ORCL Oracle Corp. 0.34% 24,449 $6.9M Reduce -7.6%
V Visa Inc. Class A 0.28% 16,486 $5.6M Reduce -1.1%
KLAC KLA Corp. 0.27% 5,050 $5.4M Reduce -2.0%
MCK McKesson Corp. 0.27% 6,877 $5.3M Reduce -1.1%
LRCX Lam Research Corp. 0.26% 38,629 $5.2M Reduce -0.5%
BLK BlackRock Inc. 0.20% 3,363 $3.9M Reduce -0.2%
JMOM JPMorgan US Momentum Factor 0.17% 50,403 $3.4M Reduce -4.2%
GE General Electric filed as GE AEROSPACE 0.17% 10,966 $3.3M Add +47.9%
TSLA Tesla Inc. 0.15% 6,835 $3.0M Add +0.3%
QCOM Qualcomm Inc. 0.14% 16,925 $2.8M Reduce -3.1%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.14% 104,183 $2.8M Add +40.1%
COST Costco Wholesale Corp. 0.14% 3,022 $2.8M Reduce -1.6%
MTB M & T Bank Corp. filed as M & T BK CORP 0.14% 14,140 $2.8M Add +0.0%
VTI VG Morningstar TS MKT ETF-US 0.14% 8,366 $2.7M No change
NEE Nextera Energy Inc. 0.13% 34,207 $2.6M Reduce -1.0%
BKNG Booking Holdings Inc. 0.12% 434 $2.3M Reduce -0.9%
AMZN Amazon.com Inc. 0.12% 10,634 $2.3M Add +1.2%
XOM Exxon Mobil Corp. 0.12% 20,666 $2.3M Reduce -2.1%
BRK.B Berkshire Hathaway Inc. Class B 0.11% 4,512 $2.3M Add +0.3%
GOOGL Alphabet Inc. Class A 0.11% 8,873 $2.2M Add +1.5%
NVDA Nvidia Corp. 0.10% 11,119 $2.1M Reduce -2.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.10% 13,428 $1.9M Reduce -0.5%
VXUS Vanguard Total Intl Stock 0.10% 26,000 $1.9M Reduce -1.9%
IGSB iShares 1-5Y Inv Grade Corp. 0.09% 35,628 $1.9M Reduce -6.8%
CSCO Cisco Systems Inc. 0.09% 25,244 $1.7M Reduce -1.4%
NXPI NXP Semiconductors NV 0.08% 7,336 $1.7M Reduce -2.5%
JNJ Johnson & Johnson 0.08% 8,950 $1.7M Reduce -5.2%
MRK Merck & Co. Inc. 0.08% 19,309 $1.6M Reduce -4.5%
PEP Pepsico Inc. 0.08% 11,122 $1.6M Reduce -2.1%
UNH Unitedhealth Group Inc. 0.07% 4,314 $1.5M Reduce -22.7%
SBIO Alps Medical Breakthroughs 0.07% 37,593 $1.5M Reduce -1.1%
GEV GE Vernova Inc. 0.07% 2,297 $1.4M Add +22.8%
VTWO Vanguard Russell 2000 ETF 0.07% 14,035 $1.4M No change
VTEB Vanguard Tax-Exempt Bond ETF 0.07% 27,162 $1.4M Add +49.5%
ULTA Ulta Beauty Inc. 0.06% 2,234 $1.2M Reduce -1.1%
IWF iShares Russell 1000 Growth 0.06% 2,568 $1.2M Reduce -11.9%
VUG Vanguard Mrngstar GR ETF-Sui 0.06% 2,426 $1.2M Add +3.9%
VIG Vanguard Dividend Apprec ETF 0.06% 5,242 $1.1M Add +1.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 3,983 $1.1M Reduce -6.0%
PG The Procter & Gamble Co. 0.05% 6,853 $1.1M Reduce -2.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 1,548 $1.0M Reduce -0.3%
META Meta Platforms Inc. Class A 0.05% 1,397 $1.0M Reduce -2.2%
MA Mastercard Inc. Class A 0.05% 1,772 $1.0M Reduce -0.1%
ABBV Abbvie Inc. 0.05% 4,155 $962K Reduce -0.6%
VEA Vanguard Ftse Developed ETF 0.05% 15,355 $920K No change
GS Goldman Sachs Group Inc. 0.04% 1,035 $824K Reduce -0.7%
PSX Phillips 66 0.04% 5,997 $816K Add +0.0%
MS Morgan Stanley 0.04% 5,125 $815K Add +0.8%
ADP Automatic Data Processing 0.04% 2,523 $741K Add +0.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.03% 2,362 $694K No change
WMT Walmart Inc. 0.03% 6,710 $692K Add +2.7%
DE Deere & Co. 0.03% 1,511 $691K Add +0.1%
SUB iShares Short-Term National 0.03% 6,392 $683K No change
VWO Vanguard Ftse Emerging Marke 0.03% 12,177 $660K Add +1.9%
DFAT Dimensional US Target Value 0.03% 10,658 $620K No change
HD Home Depot Inc. 0.03% 1,475 $598K Add +8.9%
SCHW Schwab (charles) Corp. 0.03% 6,199 $592K Add +0.2%
MCD McDonald's Corp. 0.03% 1,932 $587K Add +6.5%
IDXX Idexx Laboratories Inc. 0.03% 908 $580K No change
CB Chubb Ltd. 0.03% 2,053 $579K Add +0.1%
AVGO Broadcom Inc. 0.03% 1,744 $575K Add +3.6%
PSA Public Storage 0.03% 1,896 $548K Add +0.1%
CBU Community Financial System I 0.03% 8,812 $517K No change
IEMG iShares Core MSCI Emerging 0.03% 7,665 $505K Reduce -8.6%
NWFL Norwood Financial Corp. 0.03% 19,846 $504K No change
ABT Abbott Laboratories 0.02% 3,458 $463K Reduce -3.1%
RTX RTX Corp. 0.02% 2,756 $461K Add +1.4%
VB Vanguard Most SM-Cap ETF-Usd 0.02% 1,762 $448K Reduce -20.2%
KO The Coca-Cola Co. 0.02% 6,721 $446K Add +2.3%
DFUV Dimensional US Marketwide Va 0.02% 9,875 $441K No change
VONE Vanguard Russell 1000 0.02% 1,425 $431K No change
CNMD Conmed Corp. 0.02% 9,024 $424K Reduce -5.0%
VLUE iShares MSCI USA Value Facto 0.02% 3,390 $424K Reduce -2.0%
EMB iShares JP Morgan Usd Emergi 0.02% 4,348 $414K Reduce -4.1%
CVX Chevron Corp. 0.02% 2,656 $412K Add +0.9%
CSX CSX Corp. 0.02% 11,606 $412K Add +0.1%
LLY Eli Lilly & Co. 0.02% 504 $385K Reduce -2.3%
ELV Elevance Health Inc. 0.02% 1,184 $383K Reduce -5.6%
ITW Illinois Tool Works 0.02% 1,456 $380K Add +0.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 1,290 $379K No change
TRV The Travelers Cos Inc. 0.02% 1,333 $372K Add +0.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.02% 1,242 $370K No change
TMP Tompkins Financial Corp. 0.02% 5,095 $337K No change
ASML ASML Holding NV-NY Reg SHS 0.02% 343 $332K Reduce -2.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 2,887 $331K Add +2.9%
WM Waste Management Inc. 0.02% 1,415 $312K Add +0.1%
HIG Hartford Insurance Group Inc. 0.02% 2,293 $306K Reduce -6.1%
MDLZ Mondelez International Inc. Class A 0.02% 4,866 $304K Reduce -3.7%
ALL Allstate Corp. 0.01% 1,375 $295K Add +0.1%
GLW Corning Inc. 0.01% 3,511 $288K New
WFC Wells Fargo & Co. 0.01% 3,419 $287K Add +0.7%
VEU Vanguard Ftse All-World Ex-U 0.01% 3,873 $276K Reduce -9.9%
CAT Caterpillar Inc. 0.01% 563 $269K Add +7.8%
PLTR Palantir Technologies Inc. Class A 0.01% 1,450 $265K Reduce -5.3%
NFLX Netflix Inc. 0.01% 220 $264K Reduce -0.9%
SO The Southern Co. 0.01% 2,694 $255K Add +0.2%
HON Honeywell International Inc. 0.01% 1,206 $254K Add +0.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.01% 1,165 $243K No change
ICCC Immucell Corp. 0.01% 37,000 $239K Add +19.4%
IWM iShares Russell 2000 ETF 0.01% 969 $234K Reduce -10.2%
HSY The Hershey Co. 0.01% 1,244 $233K No change
VZ Verizon Communications Inc. 0.01% 5,224 $230K Reduce -19.2%
COIN Coinbase Global Inc. Class A 0.01% 676 $228K Add +0.1%
BBH Vaneck Biotech ETF 0.01% 1,334 $221K New
SCHA Schwab US Small-Cap ETF 0.01% 7,864 $219K New
CL Colgate-Palmolive Co. 0.01% 2,710 $217K No change
COP Conocophillips 0.01% 2,270 $215K Add +0.3%
COF Capital One Financial Corp. 0.01% 1,003 $213K Add +1.0%
ROK Rockwell Automation Inc. 0.01% 610 $213K New
UNP Union Pacific Corp. 0.01% 890 $210K Reduce -0.7%
AXP American Express Co. 0.01% 628 $209K New
CMG Chipotle Mexican Grill Inc. 0.01% 5,250 $206K Add +5.0%
SPYM Ste STR SPDR PT S&P 500 ETF 0.01% 2,596 $203K New
SCHF Schwab Intl Equity ETF 0.01% 8,722 $203K New
SCHX Schwab US Large-Cap ETF 0.01% 7,691 $203K New

Portfolio Sells Q2 2025 → Q3 2025
GVI iShares Intermediate Governm Reduce -2.0% 1.50% −0.13
GSIE Goldman Sachs Activebeta Int Reduce -2.3% 1.91% −0.11
V Visa Inc. Class A Reduce -1.1% 0.28% −0.04
SIZE iShares MSCI USA Size Factor Reduce -1.2% 0.83% −0.04
GSLC Goldman Activebeta US LC ETF Reduce -4.8% 0.65% −0.03
COST Costco Wholesale Corp. Reduce -1.6% 0.14% −0.02
MUB iShares National Muni Bond E Sold out 0.00% −0.02
UNH Unitedhealth Group Inc. Reduce -22.7% 0.07% −0.02
BKNG Booking Holdings Inc. Reduce -0.9% 0.12% −0.02
AMGN Amgen Inc. Sold out 0.00% −0.02
MSFT Microsoft Corp. Reduce -1.1% 0.44% −0.02
MTUM iShares MSCI USA Momentum Fa Reduce -0.1% 2.82% −0.02
IGSB iShares 1-5Y Inv Grade Corp. Reduce -6.8% 0.09% −0.01
NKE Nike Inc. Class B Sold out 0.00% −0.01
IEFA iShares Core MSCI Eafe ETF Sold out 0.00% −0.01
IBM Intl Business Machines Corp. Reduce -6.0% 0.06% −0.01
JMOM JPMorgan US Momentum Factor Reduce -4.2% 0.17% −0.01
CSCO Cisco Systems Inc. Reduce -1.4% 0.09% −0.01
QCOM Qualcomm Inc. Reduce -3.1% 0.14% −0.01
GEM Goldman Sachs Activebeta Em Reduce -3.7% 0.48% −0.01
MCK McKesson Corp. Reduce -1.1% 0.27% −0.01
GSSC Goldman Sachs Activebeta US Reduce -3.6% 0.38% −0.01
PG The Procter & Gamble Co. Reduce -2.4% 0.05% −0.01
ELV Elevance Health Inc. Reduce -5.6% 0.02% −0.01
DFIV Dimensional International Va Reduce -0.8% 1.97% −0.01
IWF iShares Russell 1000 Growth Reduce -11.9% 0.06% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -20.2% 0.02% −0.01
XOM Exxon Mobil Corp. Reduce -2.1% 0.12% −0.01
CNMD Conmed Corp. Reduce -5.0% 0.02% −0.01
META Meta Platforms Inc. Class A Reduce -2.2% 0.05% −0.01
MRK Merck & Co. Inc. Reduce -4.5% 0.08% −0.00
NXPI NXP Semiconductors NV Reduce -2.5% 0.08% −0.00
VZ Verizon Communications Inc. Reduce -19.2% 0.01% −0.00
MA Mastercard Inc. Class A Reduce -0.1% 0.05% −0.00
MDLZ Mondelez International Inc. Class A Reduce -3.7% 0.02% −0.00
ABT Abbott Laboratories Reduce -3.1% 0.02% −0.00
NFLX Netflix Inc. Reduce -0.9% 0.01% −0.00
VXUS Vanguard Total Intl Stock Reduce -1.9% 0.10% −0.00
JPM JPMorgan Chase & Co. Reduce -2.1% 0.41% −0.00
PEP Pepsico Inc. Reduce -2.1% 0.08% −0.00
LLY Eli Lilly & Co. Reduce -2.3% 0.02% −0.00
EMB iShares JP Morgan Usd Emergi Reduce -4.1% 0.02% −0.00
IEMG iShares Core MSCI Emerging Reduce -8.6% 0.03% −0.00
VEU Vanguard Ftse All-World Ex-U Reduce -9.9% 0.01% −0.00
HIG Hartford Insurance Group Inc. Reduce -6.1% 0.02% −0.00
IWM iShares Russell 2000 ETF Reduce -10.2% 0.01% −0.00
UNP Union Pacific Corp. Reduce -0.7% 0.01% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.3% 0.05% +0.00
VLUE iShares MSCI USA Value Facto Reduce -2.0% 0.02% +0.00
NEE Nextera Energy Inc. Reduce -1.0% 0.13% +0.00

Portfolio Buys Q2 2025 → Q3 2025
GLDM SPDR Gold Minishares Trust Add +0.6% 5.36% +0.46
SMLF iShares US Smallcap Equity F Add +0.0% 13.97% +0.28
XBI SS SPDR S&P Biotech ETF Add +1.4% 1.43% +0.18
VFMO Vanguard US Momentum Factor Add +0.3% 2.69% +0.10
GE General Electric Add +47.9% 0.17% +0.06
TSLA Tesla Inc. Add +0.3% 0.15% +0.04
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +40.1% 0.14% +0.03
GOOGL Alphabet Inc. Class A Add +1.5% 0.11% +0.03
VTEB Vanguard Tax-Exempt Bond ETF Add +49.5% 0.07% +0.02
GEV GE Vernova Inc. Add +22.8% 0.07% +0.02
GLW Corning Inc. New 0.01% +0.01
BBH Vaneck Biotech ETF New 0.01% +0.01
SCHA Schwab US Small-Cap ETF New 0.01% +0.01
ROK Rockwell Automation Inc. New 0.01% +0.01
AXP American Express Co. New 0.01% +0.01
SPYM Ste STR SPDR PT S&P 500 ETF New 0.01% +0.01
SCHX Schwab US Large-Cap ETF New 0.01% +0.01
SCHF Schwab Intl Equity ETF New 0.01% +0.01
AVGO Broadcom Inc. Add +3.6% 0.03% +0.00
HD Home Depot Inc. Add +8.9% 0.03% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +3.9% 0.06% +0.00
CAT Caterpillar Inc. Add +7.8% 0.01% +0.00
PSX Phillips 66 Add +0.0% 0.04% +0.00
MS Morgan Stanley Add +0.8% 0.04% +0.00
RTX RTX Corp. Add +1.4% 0.02% +0.00
VWO Vanguard Ftse Emerging Marke Add +1.9% 0.03% +0.00
MCD McDonald's Corp. Add +6.5% 0.03% +0.00
CVX Chevron Corp. Add +0.9% 0.02% +0.00
ICCC Immucell Corp. Add +19.4% 0.01% +0.00
CSX CSX Corp. Add +0.1% 0.02% +0.00
WMT Walmart Inc. Add +2.7% 0.03% +0.00
VIG Vanguard Dividend Apprec ETF Add +1.6% 0.06% 0.00
ALL Allstate Corp. Add +0.1% 0.01% −0.00
COP Conocophillips Add +0.3% 0.01% −0.00
ITW Illinois Tool Works Add +0.7% 0.02% −0.00
WFC Wells Fargo & Co. Add +0.7% 0.01% −0.00
SO The Southern Co. Add +0.2% 0.01% −0.00
TRV The Travelers Cos Inc. Add +0.1% 0.02% −0.00
COF Capital One Financial Corp. Add +1.0% 0.01% −0.00
SCHW Schwab (charles) Corp. Add +0.2% 0.03% −0.00
COIN Coinbase Global Inc. Class A Add +0.1% 0.01% −0.00
WM Waste Management Inc. Add +0.1% 0.02% −0.00
DIS The Walt Disney Co. Add +2.9% 0.02% −0.00
HON Honeywell International Inc. Add +0.7% 0.01% −0.00
PSA Public Storage Add +0.1% 0.03% −0.00
KO The Coca-Cola Co. Add +2.3% 0.02% −0.00
CB Chubb Ltd. Add +0.1% 0.03% −0.00
EUSA iShares MSCI USA Equal Weigh Add +3.0% 1.81% −0.00
BRK.B Berkshire Hathaway Inc. Class B Add +0.3% 0.11% −0.00
ADP Automatic Data Processing Add +0.1% 0.04% −0.00

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