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Institutional Ownership · SEC Form 13F

Who owns Orrstown Financial Services (ORRF)


Which tracked institutional funds hold ORRF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ORRF company fundamentals →

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

154
Institutional holders
12M
Shares held (tracked funds)
59.2%
Of shares outstanding

How the tape is positioned

35 tracked funds added or opened ORRF while 20 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

ORRF’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes ORRF more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in ORRF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2026-Q1 and 2026-Q2, across 154 tracked filers holding ORRF, 80 increased or opened the position and 71 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in ORRF between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 2

  • BRIDGEWAY CAPITAL MANAGEMENT, LLC$2M
  • Empowered Funds, LLC$2M

Full exits 10

  • Assenagon Asset Management S.A.$11M
  • WELLINGTON MANAGEMENT GROUP LLP$7M
  • Thrivent Financial for Lutherans$2M
  • ExodusPoint Capital Management, LP$1M
  • LSV ASSET MANAGEMENT$1M
  • TUDOR INVESTMENT CORP ET AL$1M

Largest adds

  • BlackRock, Inc.$15M
  • DIMENSIONAL FUND ADVISORS LP$7M
  • AMERICAN CENTURY COMPANIES INC$7M
  • CHARLES SCHWAB INVESTMENT MANAGEMENT INC$6M
  • CITADEL ADVISORS LLC$5M
  • VANGUARD CAPITAL MANAGEMENT LLC$5M

Largest trims

  • MILLENNIUM MANAGEMENT LLC$2M
  • Nuveen, LLC$2M
  • GOLDMAN SACHS GROUP INC$2M
  • Trexquant Investment LP$2M
  • STATE STREET CORP$1M
  • RENAISSANCE TECHNOLOGIES LLC$812K

Institutional holders

One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
BlackRock, Inc. added1,680,316$69M14.7%2026-Q2
DIMENSIONAL FUND ADVISORS LP added964,868$39M8.4%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added835,238$34M7.3%2026-Q2
STATE STREET CORP trimmed679,718$28M5.9%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added665,017$27M5.8%2026-Q2
AMERICAN CENTURY COMPANIES INC added602,129$25M5.3%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added566,715$23M5.0%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added304,510$12M2.7%2026-Q2
TWO SIGMA INVESTMENTS, LP trimmed290,058$12M2.5%2026-Q2
ALGERT GLOBAL LLC trimmed287,636$12M2.5%2026-Q2
Qube Research & Technologies Ltd added276,117$11M2.4%2026-Q2
Nuveen, LLC trimmed243,765$10M2.1%2026-Q2
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed227,435$9M2.0%2026-Q2
CITADEL ADVISORS LLC added225,513$9M2.0%2026-Q2
NORTHERN TRUST CORP added174,554$7M1.5%2026-Q2
ProShare Advisors LLC trimmed172,824$7M1.5%2026-Q2
Petiole USA ltd trimmed167,766$7M1.5%2026-Q2
KENNEDY CAPITAL MANAGEMENT LLC trimmed154,611$6M1.4%2026-Q2
Pacific Ridge Capital Partners, LLC trimmed146,302$6M1.3%2026-Q2
Man Group plc added146,012$6M1.3%2026-Q2
GOLDMAN SACHS GROUP INC trimmed140,705$6M1.2%2026-Q2
VANGUARD FIDUCIARY TRUST CO added129,568$5M1.1%2026-Q2
MILLENNIUM MANAGEMENT LLC trimmed125,713$5M1.1%2026-Q2
MORGAN STANLEY trimmed122,787$5M1.1%2026-Q2
BANK OF AMERICA CORP /DE/ trimmed115,978$5M1.0%2026-Q2
Bank of New York Mellon Corp added101,177$4M0.9%2026-Q2
ALLIANCEBERNSTEIN L.P. added98,687$4M0.8%2026-Q2
AQR CAPITAL MANAGEMENT LLC added96,219$4M0.8%2026-Q2
FIRST TRUST ADVISORS LP added72,203$3M0.6%2026-Q2
D. E. Shaw & Co., Inc. trimmed70,827$3M0.6%2026-Q2
RENAISSANCE TECHNOLOGIES LLC trimmed67,564$3M0.6%2026-Q2
PL Capital Advisors, LLC64,356$3M0.6%2026-Q2
PRINCIPAL FINANCIAL GROUP INC added63,105$3M0.6%2026-Q2
Connor, Clark & Lunn Investment Management Ltd. added61,445$3M0.5%2026-Q2
Trexquant Investment LP trimmed52,077$2M0.5%2026-Q2
Cetera Investment Advisers trimmed51,023$2M0.4%2026-Q2
BRIDGEWAY CAPITAL MANAGEMENT, LLC added50,091$2M0.4%2026-Q2
UBS Group AG trimmed49,518$2M0.4%2026-Q2
Quantinno Capital Management LP added49,273$2M0.4%2026-Q2
Rosenthal | Henry Capital Advisors, Inc.49,100$2M0.4%2026-Q2
Empowered Funds, LLC added44,329$2M0.4%2026-Q2
JPMORGAN CHASE & CO trimmed38,185$2M0.3%2026-Q2
BARCLAYS PLC trimmed37,953$2M0.3%2026-Q2
Swiss National Bank added37,400$2M0.3%2026-Q2
Invesco Ltd. trimmed32,438$1M0.3%2026-Q2
Inspire Advisors, LLC trimmed32,157$1M0.3%2026-Q2
Creative Planning added31,889$1M0.3%2026-Q2
Pinnacle Holdings, LLC trimmed31,140$1M0.3%2026-Q2
Y-Intercept (Hong Kong) Ltd trimmed31,116$1M0.3%2026-Q2
RHUMBLINE ADVISERS added25,360$1M0.2%2026-Q2
FRANKLIN RESOURCES INC added24,879$1M0.2%2026-Q2
DEUTSCHE BANK AG\ added24,503$1M0.2%2026-Q2
truNorth Financial Services, Inc. trimmed23,201$947K0.2%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added23,008$939K0.2%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC21,980$897K0.2%2026-Q2
Russell Investments Group, Ltd. added21,392$873K0.2%2026-Q2
Vanguard Global Advisers, LLC20,029$818K0.2%2026-Q2
CITIGROUP INC trimmed19,671$803K0.2%2026-Q2
Brookwood Investment Group LLC19,609$801K0.2%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added19,212$784K0.2%2026-Q2
Summit Trail Advisors, LLC trimmed19,057$778K0.2%2026-Q2
Legal & General Group Plc added18,784$767K0.2%2026-Q2
WELLS FARGO & COMPANY/MN added16,566$676K0.1%2026-Q2
Mirae Asset Global Investments Co., Ltd. added16,419$670K0.1%2026-Q2
Graham Capital Management, L.P. trimmed16,392$669K0.1%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ added15,628$639K0.1%2026-Q2
LOS ANGELES CAPITAL MANAGEMENT LLC trimmed15,058$615K0.1%2026-Q2
ALPS ADVISORS INC added14,667$599K0.1%2026-Q2
MARTINGALE ASSET MANAGEMENT L P14,400$588K0.1%2026-Q2
SALZHAUER MICHAEL13,734$561K0.1%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd12,889$526K0.1%2026-Q2
RKL Wealth Management LLC added12,666$517K0.1%2026-Q2
STATE OF WISCONSIN INVESTMENT BOARD trimmed11,342$463K0.1%2026-Q2
HSBC HOLDINGS PLC trimmed11,257$459K0.1%2026-Q2
Jupiter Topco LLC new11,200$458K0.1%2026-Q2
MetLife Investment Management, LLC added10,826$442K0.1%2026-Q2
Rafferty Asset Management, LLC trimmed10,808$441K0.1%2026-Q2
Daytona Street Capital LLC added10,627$429K0.1%2026-Q2
Quantbot Technologies LP trimmed10,618$434K0.1%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. trimmed10,440$426K0.1%2026-Q2
Johnson & White Wealth Management, LLC added10,342$422K0.1%2026-Q2
Aquatic Capital Management LLC added10,314$421K0.1%2026-Q2
Curi Capital, LLC9,962$407K0.1%2026-Q2
Sequoia Financial Advisors, LLC new9,707$396K0.1%2026-Q2
PNC Financial Services Group, Inc. added9,409$384K0.1%2026-Q2
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed8,911$364K0.1%2026-Q2
MERCER GLOBAL ADVISORS INC /ADV new8,902$363K0.1%2026-Q2
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added8,821$360K0.1%2026-Q2
Susquehanna Portfolio Strategies, LLC trimmed8,762$358K0.1%2026-Q2
TEACHER RETIREMENT SYSTEM OF TEXAS trimmed8,564$350K0.1%2026-Q2
Zurcher Kantonalbank (Zurich Cantonalbank)8,180$334K0.1%2026-Q2
Quadrature Capital Ltd trimmed7,890$322K0.1%2026-Q2
VISTA INVESTMENT MANAGEMENT trimmed7,740$316K0.1%2026-Q2
NEW YORK STATE COMMON RETIREMENT FUND added7,555$308K0.1%2026-Q2
Savant Capital, LLC trimmed7,165$275K0.1%2026-Q2
CANADA PENSION PLAN INVESTMENT BOARD7,100$290K0.1%2026-Q2
Focus Partners Advisor Solutions, LLC trimmed6,960$284K0.1%2026-Q2
Entropy Technologies, LP trimmed6,812$278K0.1%2026-Q2
BEESE FULMER INVESTMENT MANAGEMENT, INC. added6,787$277K0.1%2026-Q2
Squarepoint Ops LLC trimmed6,754$276K0.1%2026-Q2

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership