Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Orrstown Financial Services Inc. The document discloses the company's holdings in equity securities as of the reporting period ending June 30, 2026. As a Form 13F, this filing is a regulatory disclosure of investment positions and does not contain the company's own financial performance metrics (revenue, profit, cash flow) or operational results.
Key Financial Metrics and Portfolio Composition
The filing details a diversified portfolio consisting of individual common stocks and Exchange Traded Funds (ETFs). Key portfolio characteristics include:
- Asset Classes: The portfolio is heavily weighted toward U.S. large-cap equities, international equities, and fixed income ETFs.
- Top Individual Equity Holdings (by Shares):
- Apple Inc.: 21,405 shares
- NVIDIA Corp: 29,731 shares
- Amazon.com Inc: 17,437 shares
- Alphabet Inc (Class C): 18,633 shares
- Walmart Inc: 20,612 shares
- Top ETF Holdings (by Shares):
- Fidelity Enhanced International International Equity ETF: 1,534,324 shares
- JPMorgan Active Value Exchange Traded Fund: 864,541 shares
- Vanguard Core Bond Fixed Income ETF: 894,380 shares
- JPMorgan Equity Premium Income Exchange Traded Fund: 443,484 shares
- Voting Authority: The company reports "SOLE" voting authority for the vast majority of positions, with limited "OTHER" (OTR) authority noted on specific ETF tranches.
Material Changes Versus Prior Period
Not Applicable. This filing text provides a snapshot of holdings as of June 30, 2026. It does not include comparative data from the prior quarter or year, nor does it explicitly list additions, deletions, or net changes in positions. Therefore, material changes cannot be determined from this document alone.
Guidance, Outlook, and Risks
Not Applicable. Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness.
Important Facts for Investor Verification
- Reporting Entity: Verify that the holdings belong to Orrstown Financial Services Inc and not a subsidiary or separate fund, as Form 13F can sometimes aggregate data.
- Valuation vs. Quantity: The filing lists share counts and a "Value" column (e.g., Apple valued at $6,193,751). Investors should verify if these values represent the total market value of the position or a per-share metric, as the column header "VALUE" in this context typically denotes the total value of the holding in dollars.
- Concentration Risk: Assess the concentration in specific sectors (e.g., Technology, Financials) given the significant holdings in companies like NVIDIA, Apple, and JPMorgan Chase.
- ETF Exposure: Note the substantial allocation to passive and active ETFs (e.g., iShares, Vanguard, JPMorgan), which may obscure the underlying individual stock exposure.
- Reporting Lag: Confirm the actual filing date versus the period end date (June 30, 2026) to ensure the data reflects the most current portfolio status.