ORRSTOWN FINANCIAL REVEALS DIVERSE Q4 HOLDINGS

TL;DR

**Orrstown Financial's Q4 13F shows a diversified portfolio heavy on big tech and ETFs.**

AI Summary

Orrstown Financial Services Inc. (ORRF) filed its 13F-HR on January 11, 2024, revealing its holdings as of December 31, 2023. The filing shows a diverse portfolio with significant positions in tech giants like Apple Inc. ($2.41 million, 12,541 shares) and Alphabet Inc. ($1.71 million, 12,213 shares), alongside consumer staples such as Amazon.com ($1.12 million, 7,356 shares). This matters to investors because it provides transparency into the investment strategy of Orrstown Financial Services, indicating their confidence in a broad range of established companies and ETFs, which could influence perceptions of their asset management approach.

Why It Matters

This filing offers a look into Orrstown Financial Services' investment strategy, showing where they've allocated capital, which can signal their market outlook and risk appetite to shareholders.

Risk Assessment

Risk Level: low — The portfolio is diversified across many large-cap, established companies and ETFs, which generally reduces concentration risk.

Analyst Insight

Investors should review the specific holdings to understand Orrstown Financial Services' investment philosophy and how it aligns with their own, noting the emphasis on established large-cap tech and diversified ETFs.

Key Numbers

• $2.41M — Market Value of Apple Inc. shares (Represents the largest single holding in the portfolio, indicating a strong conviction in Apple.)
• 12,541 — Shares of Apple Inc. (The number of shares held in their largest position, Apple Inc.)
• $1.71M — Market Value of Alphabet Inc. shares (The second largest holding, showing continued investment in major tech companies.)
• 12,213 — Shares of Alphabet Inc. (The number of shares held in their second largest position, Alphabet Inc.)
• 7,356 — Shares of Amazon.com (The number of shares held in their third largest position, Amazon.com.)

Key Players & Entities

• ORRSTOWN FINANCIAL SERVICES INC (company) — filer of the 13F-HR
• Howard Pulker (person) — SVP Senior Portfolio Manager who signed the filing
• Apple Inc. (company) — largest holding by market value
• Alphabet Inc (company) — second largest holding by market value
• Amazon.com (company) — third largest holding by market value
• $2,414,519 (dollar_amount) — market value of Apple Inc. shares held
• $1,706,034 (dollar_amount) — market value of Alphabet Inc. shares held
• $1,117,671 (dollar_amount) — market value of Amazon.com shares held
• December 31, 2023 (date) — period of report end date
• January 11, 2024 (date) — filing date

Forward-Looking Statements

• Orrstown Financial Services Inc. will maintain its significant positions in large-cap technology companies like Apple and Alphabet in its next 13F filing. (ORRSTOWN FINANCIAL SERVICES INC) — medium confidence, target: 2024-03-31
• The firm will continue to utilize ETFs for diversified exposure, particularly in value and small-cap segments. (ORRSTOWN FINANCIAL SERVICES INC) — medium confidence, target: 2024-03-31

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• infotable.html (INFORMATION TABLE)
• infotable.xml (INFORMATION TABLE) — 35KB
• 0001104659-24-003145.txt ( ) — 39KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: ORRSTOWN FINANCIAL SERVICES INC Address: 77 East King Street Shippensburg , PA   17257 Form 13F File Number: 028-13107 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Howard Pulker Title: SVP Senior Portfolio Manager Phone: 717-530-2655 Signature, Place, and Date of Signing: /s/ Howard Pulker Shippensburg ,  PA 01-11-2024 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 76 Form 13F Information Table Value Total: 125,019,785 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] NONE

View Full Filing

View this 13F-HR filing on SEC EDGAR