Orrstown Financial Services Inc 13F annual report
Orrstown Financial Services Inc is an investment fund managing more than $189 billion ran by Monica Balafoutas. There are currently 81 companies in Mrs. Balafoutas’s portfolio. The largest investments include Ishares Core S&p 500 Index Fund and Invesco Russell 1000 Dynamic Multifactor, together worth $92.5 billion.
$189 billion Assets Under Management (AUM)
As of 5th July 2024, Orrstown Financial Services Inc’s top holding is 89,837 shares of Ishares Core S&p 500 Index Fund currently worth over $49.2 billion and making up 26.0% of the portfolio value.
In addition, the fund holds 826,401 shares of Invesco Russell 1000 Dynamic Multifactor worth $43.4 billion.
The third-largest holding is Jpmorgan Active Growth worth $16.4 billion and the next is Jpmorgan Hedged Equity Laddered Overlay worth $5.3 billion, with 90,563 shares owned.
Currently, Orrstown Financial Services Inc's portfolio is worth at least $189 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Orrstown Financial Services Inc
The Orrstown Financial Services Inc office and employees reside in Harrisburg, Pennsylvania. According to the last 13-F report filed with the SEC, Monica Balafoutas serves as the SVP Wealth & Trust Investment Manager at Orrstown Financial Services Inc.
Recent trades
In the most recent 13F filing, Orrstown Financial Services Inc revealed that it had opened a new position in
Fidelity Enhanced International and bought 13,869 shares worth $393 million.
The investment fund also strengthened its position in Ishares Core S&p 500 Index Fund by buying
5,263 additional shares.
This makes their stake in Ishares Core S&p 500 Index Fund total 89,837 shares worth $49.2 billion.
On the other hand, there are companies that Orrstown Financial Services Inc is getting rid of from its portfolio.
Orrstown Financial Services Inc closed its position in Vanguard Index Fds on 12th July 2024.
It sold the previously owned 3,911 shares for $338 million.
Monica Balafoutas also disclosed a decreased stake in Vanguard 500 Index Fund by approximately 0.1%.
This leaves the value of the investment at $5.2 billion and 10,392 shares.
One of the smallest hedge funds
The two most similar investment funds to Orrstown Financial Services Inc are Machina Capital S.a.s and Sequent Asset Management. They manage $190 billion and $189 billion respectively.
Monica Balafoutas investment strategy
Orrstown Financial Services Inc’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 7.3% of
the total portfolio value.
The fund focuses on investments in the United States as
63.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
62% of the total holdings value.
On the other hand, small-cap stocks make up only 2.5% of the portfolio.
The average market cap of the portfolio companies is close to $293 billion.
The complete list of Orrstown Financial Services Inc trades based on 13F SEC filings
These positions were updated on July 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Core S&p 500 Index Fund |
6.22%
89,837
|
$49,161,502,000 | 25.95% |
| Invesco Russell 1000 Dynamic Multifactor |
3.04%
826,401
|
$43,377,789,000 | 22.90% |
| Jpmorgan Active Growth |
0.01%
218,091
|
$16,389,539,000 | 8.65% |
| Jpmorgan Hedged Equity Laddered Overlay |
10.11%
90,563
|
$5,303,369,000 | 2.80% |
| Vanguard 500 Index Fund |
1.46%
10,392
|
$5,197,351,000 | 2.74% |
| Ishares Core Msci Eafe Etf |
23.24%
56,029
|
$4,069,947,000 | 2.15% |
| Vanguard Intermediate Term Bond Etf |
20.10%
47,004
|
$3,520,130,000 | 1.86% |
| Microsoft Corporation |
2.70%
7,434
|
$3,322,626,000 | 1.75% |
| Vanguard Small-cap Index Fund |
13.55%
14,457
|
$3,152,204,000 | 1.66% |
| Apple Inc |
11.64%
11,390
|
$2,398,962,000 | 1.27% |
| Alphabet Inc |
1.55%
12,485
|
$2,274,143,000 | 1.20% |
| Ishares Russell 1000 Index Fund |
No change
7,217
|
$2,147,346,000 | 1.13% |
| NVIDIA Corp |
761.97%
16,705
|
$2,063,736,000 | 1.09% |
| Avantis U.s. Small Cap Value |
62.08%
22,942
|
$2,058,356,000 | 1.09% |
| Ishares Core Msci Emerging Markets Etf |
21.11%
34,085
|
$1,824,570,000 | 0.96% |
| Visa Inc |
0.40%
6,272
|
$1,646,212,000 | 0.87% |
| Amazon.com Inc. |
1.10%
7,796
|
$1,506,577,000 | 0.80% |
| Unitedhealth Group Inc |
No change
2,954
|
$1,504,354,000 | 0.79% |
| Ishares Core S&p Mid-cap Index Fund |
23.72%
23,964
|
$1,402,373,000 | 0.74% |
| Ishares Msci Eafe Etf |
2.81%
17,274
|
$1,353,072,000 | 0.71% |
| JPMorgan Chase & Co. |
1.12%
6,567
|
$1,328,241,000 | 0.70% |
| Adobe Inc |
0.89%
2,262
|
$1,256,631,000 | 0.66% |
| TJX Companies, Inc. |
3.81%
10,888
|
$1,198,769,000 | 0.63% |
| American Century Focused Large Cap Value |
No change
18,800
|
$1,175,619,000 | 0.62% |
| Applied Materials Inc. |
No change
4,754
|
$1,121,896,000 | 0.59% |
| American Express Co. |
No change
4,473
|
$1,035,723,000 | 0.55% |
| Invesco Russell 2000 Dynamic Multifactor |
13.83%
27,935
|
$1,014,320,000 | 0.54% |
| Mastercard Incorporated |
4.67%
2,217
|
$978,052,000 | 0.52% |
| Pepsico Inc |
0.26%
5,849
|
$964,676,000 | 0.51% |
| Vanguard Mid-cap Index Fund |
1.31%
3,907
|
$945,885,000 | 0.50% |
| Home Depot, Inc. |
4.78%
2,631
|
$905,695,000 | 0.48% |
| Union Pacific Corp. |
1.24%
3,501
|
$792,136,000 | 0.42% |
| Johnson & Johnson |
0.56%
5,406
|
$790,141,000 | 0.42% |
| Walmart Inc |
0.04%
11,585
|
$784,420,000 | 0.41% |
| Eli Lilly And Co |
3.03%
849
|
$768,668,000 | 0.41% |
| Costco Wholesale Corp |
8.65%
898
|
$763,291,000 | 0.40% |
| Vanguard Emerging Markets Stock Index Fund |
4.80%
17,403
|
$761,555,000 | 0.40% |
| Abbott Laboratories |
No change
6,666
|
$692,664,000 | 0.37% |
| Berkshire Hathaway Inc. |
3.03%
1,700
|
$691,560,000 | 0.37% |
| Chevron Corp. |
2.10%
4,384
|
$685,745,000 | 0.36% |
| Exxon Mobil Corp. |
1.39%
5,678
|
$653,651,000 | 0.35% |
| Salesforce Inc |
7.94%
2,380
|
$611,898,000 | 0.32% |
| Honeywell International Inc |
No change
2,855
|
$609,657,000 | 0.32% |
| Mcdonald's Corp |
2.68%
2,322
|
$591,738,000 | 0.31% |
| Broadcom Inc. |
No change
351
|
$563,541,000 | 0.30% |
| Ishares Msci Emerging Markets Etf |
No change
13,173
|
$561,038,000 | 0.30% |
| Meta Platforms Inc |
3.75%
1,106
|
$557,667,000 | 0.29% |
| S&P Global Inc |
5.34%
1,242
|
$553,932,000 | 0.29% |
| Netflix Inc. |
22.62%
813
|
$548,677,000 | 0.29% |
| Materials Select Sector Spdr Fund |
No change
6,152
|
$543,283,000 | 0.29% |
| Procter & Gamble Co. |
1.56%
3,255
|
$536,815,000 | 0.28% |
| Qualcomm, Inc. |
0.94%
2,679
|
$533,603,000 | 0.28% |
| Spdr Dow Jones Industrial Average Etf Trust |
No change
1,358
|
$531,155,000 | 0.28% |
| Travelers Companies Inc. |
No change
2,564
|
$521,364,000 | 0.28% |
| Caterpillar Inc. |
11.03%
1,510
|
$502,981,000 | 0.27% |
| T-Mobile US Inc |
16.43%
2,842
|
$500,704,000 | 0.26% |
| ServiceNow Inc |
3.36%
615
|
$483,802,000 | 0.26% |
| AMGEN Inc. |
2.67%
1,538
|
$480,548,000 | 0.25% |
| RTX Corp |
4.37%
4,780
|
$479,864,000 | 0.25% |
| Real Estate Select Sector Spdr Fund |
9.22%
11,844
|
$454,928,000 | 0.24% |
| Utilities Select Sector Spdr Fund |
No change
6,275
|
$427,579,000 | 0.23% |
| Eaton Corp. Plc |
No change
1,322
|
$414,513,000 | 0.22% |
| Tesla Inc |
10.58%
2,090
|
$413,569,000 | 0.22% |
| Vanguard Short-term Corporate Bond Idx Fd |
2.97%
5,243
|
$405,153,000 | 0.21% |
| Oracle Corp. |
11.82%
2,839
|
$400,867,000 | 0.21% |
| Fidelity Enhanced International |
Opened
13,869
|
$393,047,000 | 0.21% |
| Progressive Corp. |
21.98%
1,665
|
$345,837,000 | 0.18% |
| Vanguard Index Fds |
Closed
3,911
|
$338,223,000 | |
| Walt Disney Co (The) |
No change
3,339
|
$331,529,000 | 0.18% |
| Verizon Communications Inc |
4.28%
7,171
|
$295,732,000 | 0.16% |
| Thermo Fisher Scientific Inc. |
7.28%
516
|
$285,348,000 | 0.15% |
| Vertex Pharmaceuticals, Inc. |
17.05%
604
|
$283,107,000 | 0.15% |
| Lockheed Martin Corp. |
9.01%
606
|
$283,063,000 | 0.15% |
| GE Aerospace |
5.10%
1,545
|
$245,609,000 | 0.13% |
| Palo Alto Networks Inc |
Opened
715
|
$242,392,000 | 0.13% |
| Becton, Dickinson and Company |
Closed
936
|
$231,613,000 | |
| Vanguard Idx Fund |
No change
850
|
$227,384,000 | 0.12% |
| Valero Energy Corp. |
No change
1,399
|
$219,307,000 | 0.12% |
| CVS Health Corp |
Closed
2,724
|
$217,266,000 | |
| Merck & Co Inc |
Opened
1,728
|
$213,926,000 | 0.11% |
| Accenture plc |
7.67%
702
|
$212,994,000 | 0.11% |
| Starbucks Corp. |
12.12%
2,690
|
$209,417,000 | 0.11% |
| Stryker Corp. |
Opened
615
|
$209,254,000 | 0.11% |
| Cisco Systems, Inc. |
Closed
4,140
|
$206,627,000 | |
| Intuit Inc |
Opened
305
|
$200,449,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 85 holdings | |||
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