13F-HR: Orrstown Financial Services Inc. Discloses Q2 2024 Holdings
13F Holdings Report
Orrstown Financial Services Inc. reports its holdings for the quarter ended June 30, 2024, with a total portfolio value of $189.4 million.
Summary
- Orrstown Financial Services Inc. filed its Form 13F holdings report for the quarter ended June 30, 2024.
- The total value of their reported holdings amounts to $189,410,767.
- The report includes 83 holdings.
- The filing indicates sole voting authority for most of the shares held, with some shares under other or shared voting authority.
- The largest holding is in iShares Core S&P 500 Index Fund with a value of $48,940,968.
Sentiment
Score: 6
Explanation: The document is a routine holdings disclosure, so the sentiment is neutral. It provides factual information about the firm's investments.
Positives
- The filing provides a detailed overview of Orrstown Financial Services Inc.'s investment portfolio.
- The variety of holdings indicates a diversified investment strategy.
Industry Context
Form 13F filings are required for institutional investment managers with at least $100 million in assets under management, providing transparency into their investment holdings and strategies. This filing allows investors to understand Orrstown Financial Services Inc.'s investment choices and compare them to other firms.
Comparison to Industry Standards
- Without deeper analysis, it's difficult to compare Orrstown's performance directly to industry benchmarks.
- However, the portfolio's allocation to major ETFs like iShares Core S&P 500 Index Fund and Vanguard 500 Index Fund is a common strategy among institutional investors seeking broad market exposure.
- Comparing the specific stock picks and sector allocations to similar-sized investment firms would provide a more detailed comparative analysis.
Stakeholder Impact
- Shareholders can use this information to understand the investment strategy of Orrstown Financial Services Inc.
- The holdings may influence the market prices of the listed securities.
Key Dates
| Date | Description |
|---|---|
| 06-30-2024 | Report for the Calendar Year or Quarter Ended |
| 07-12-2024 | Date of Signing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.