DaveManuel.com · Institutional Ownership · 13F Holdings
Orange Investment Advisors, Inc.
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ELI LILLY & CO | LLY | $47.4M | 40,985 | -0.13pp | 32q | -1.2%-$558.9K | |
| SPDR SERIES TRUST | SPIB | $44.6M | 1,382,436 | +0.12pp | 26q | +3.2%+$1.4M | |
| ORANGE CNTY BANCORP INC | OBT | $39.2M | 1,060,922 | +0.15pp | 32q | HELD | |
| NVIDIA CORPORATION | NVDA | $36.3M | 158,797 | +0.48pp | 27q | -4.6%-$1.7M | |
| SPDR SERIES TRUST | SPSB | $36.0M | 1,216,752 | +0.19pp | 26q | +3.1%+$1.1M | |
| SELECT SECTOR SPDR TR | XLK | $34.6M | 176,670 | +0.07pp | 19q | -3.7%-$1.3M | |
| MICROSOFT CORP | MSFT | $32.3M | 63,045 | +1.06pp | 32q | -3.8%-$1.3M | |
| APPLE INC | AAPL | $29.0M | 87,038 | +0.44pp | 32q | -3.6%-$1.1M | |
| INTUITIVE SURGICAL INC | ISRG | $26.4M | 65,012 | +0.16pp | 32q | HELD | |
| ALPHABET INC | GOOG | $24.0M | 70,410 | +0.01pp | 32q | +1.2%+$293.7K | |
| AMAZON COM INC | AMZN | $19.7M | 79,191 | +0.31pp | 32q | +6.8%+$1.3M | |
| KLA CORP | KLAC | $16.9M | 86,862 | -1.23pp | 19q | -4.8%-$845.2K | |
| JPMORGAN CHASE & CO | JPM | $13.5M | 40,894 | -0.03pp | 32q | -5.0%-$718.9K | |
| META PLATFORMS INC | META | $12.6M | 17,436 | +0.55pp | 32q | +16.1%+$1.8M | |
| STATE STR SPDR S&P 500 ETF T | SPY | $12.6M | 16,577 | -0.04pp | 30q | -7.1%-$968.5K | |
| ABBVIE INC | ABBV | $11.3M | 43,265 | +0.02pp | 17q | -5.1%-$606.4K | |
| BROADCOM INC | AVGO | $11.2M | 31,903 | -0.07pp | 17q | -0.5%-$57.9K | |
| CIENA CORP | CIEN | $11.2M | 31,785 | -0.52pp | 26q | -1.2%-$137.9K | |
| SELECT SECTOR SPDR TR | XLF | $10.0M | 187,806 | -0.03pp | 19q | -4.3%-$448.2K | |
| THERMO FISHER SCIENTIFIC INC | TMO | $9.8M | 14,460 | +0.30pp | 32q | -4.4%-$444.8K | |
| VISA INC | V | $9.4M | 26,167 | -0.02pp | 32q | -8.7%-$891.9K | |
| ADVANCED MICRO DEVICES INC | AMD | $9.1M | 14,806 | +0.08pp | 19q | -0.5%-$48.3K | |
| ISHARES TR | FLOT | $9.1M | 177,284 | +0.06pp | 19q | +2.7%+$240.2K | |
| EXXONMOBIL HOLDINGS CORP | XOM | $8.7M | 53,247 | - | new | NEW | |
| AMERICAN EXPRESS CO | AXP | $8.6M | 28,153 | -0.29pp | 23q | -14.8%-$1.5M | |
| CISCO SYS INC | CSCO | $8.4M | 78,205 | -0.07pp | 32q | -0.7%-$61.6K | |
| MEDTRONIC PLC | MDT | $8.3M | 95,692 | +0.06pp | 32q | -5.9%-$517.7K | |
| SELECT SECTOR SPDR TR | XLC | $8.1M | 72,846 | +0.09pp | 19q | +3.1%+$241.9K | |
| SPDR SERIES TRUST | SPSM | $8.0M | 150,608 | -0.08pp | 23q | -1.8%-$147.4K | |
| SELECT SECTOR SPDR TR | XLV | $7.9M | 47,097 | +0.02pp | 26q | -6.1%-$516.5K | |
| AUTOZONE INC | AZO | $7.7M | 2,726 | +0.14pp | 32q | +28.8%+$1.7M | |
| SELECT SECTOR SPDR TR | XLY | $7.6M | 70,090 | -0.05pp | 19q | HELD | |
| MARATHON PETE CORP | MPC | $7.6M | 19,290 | +0.26pp | 4q | -13.8%-$1.2M | |
| MORGAN STANLEY | MS | $7.2M | 38,411 | -0.11pp | 32q | -3.2%-$240.7K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $6.9M | 31,252 | -0.18pp | 32q | +2.5%+$164.7K | |
| SELECT SECTOR SPDR TR | XLI | $6.5M | 38,870 | -0.07pp | 19q | -0.8%-$53.8K | |
| TENET HEALTHCARE CORP | THC | $6.1M | 23,933 | +0.17pp | 2q | -8.7%-$584.2K | |
| UNITED RENTALS INC | URI | $6.1M | 6,070 | -0.12pp | 19q | -4.5%-$288.2K | |
| WW GRAINGER INC | GWW | $5.7M | 4,592 | -0.07pp | 15q | -3.4%-$203.1K | |
| SALESFORCE INC | CRM | $5.7M | 24,720 | +0.18pp | 32q | -10.3%-$649.5K | |
| AMPHENOL CORP | APH | $4.7M | 56,233 | -0.10pp | 7q | -12.8%-$694.5K | |
| CHARLES SCHWAB CORP (THE) | SCHW | $4.7M | 48,162 | -0.02pp | 9q | -10.5%-$554.0K | |
| NEWMONT CORP | NEM | $4.6M | 39,992 | +0.04pp | 2q | -15.3%-$831.1K | |
| AMERICAN CENTY ETF TR | AVDV | $4.5M | 40,815 | - | new | NEW | |
| MARSH & MCLENNAN COS INC | MRSH | $4.2M | 24,788 | flat | 32q | -5.6%-$252.7K | |
| QUANTA SVCS INC | PWR | $4.2M | 6,580 | -0.11pp | 7q | -9.6%-$447.8K | |
| Jones Lang LaSalle, Inc. | JLL | $4.1M | 13,273 | +0.01pp | 2q | HELD | |
| SHERWIN WILLIAMS CO | SHW | $4.0M | 12,322 | -0.05pp | 32q | -5.0%-$207.5K | |
| NETFLIX INC. | NFLX | $4.0M | 57,081 | +0.10pp | 6q | +24.6%+$784.7K | |
| SELECT SECTOR SPDR TR | XLP | $3.9M | 48,508 | -0.02pp | 19q | -4.3%-$177.4K | |
| GOLDMAN SACHS GROUP INC | GS | $3.9M | 4,331 | -0.08pp | 32q | -6.5%-$271.9K | |
| BAKER HUGHES COMPANY | BKR | $3.9M | 70,863 | -0.01pp | 15q | -3.6%-$144.0K | |
| ALLSTATE CORP | ALL | $3.9M | 17,532 | +0.12pp | 2q | +39.8%+$1.1M | |
| MCDONALDS CORP | MCD | $3.9M | 16,835 | -0.07pp | 32q | HELD | |
| PEPSICO INC | PEP | $3.8M | 30,069 | -0.02pp | 32q | -1.1%-$40.6K | |
| DUKE ENERGY CORP NEW | DUK | $3.8M | 33,233 | -0.05pp | 32q | -1.6%-$62.0K | |
| CBRE GROUP INC | CBRE | $3.7M | 28,517 | -0.03pp | 8q | -3.4%-$129.1K | |
| HOME DEPOT INC | HD | $3.6M | 12,713 | -0.10pp | 32q | -1.8%-$65.1K | |
| CSX CORP | CSX | $3.5M | 75,942 | -0.02pp | 32q | -4.8%-$178.4K | |
| CHEVRON CORPORATION | CVX | $3.5M | 17,038 | +0.09pp | 32q | -0.6%-$20.4K | |
| nan | MELI | $3.5M | 2,012 | -0.01pp | 6q | -6.6%-$247.2K | |
| LINCOLN ELEC HLDGS INC | LECO | $3.5M | 13,070 | flat | 32q | -2.4%-$84.4K | |
| NUCOR CORP | NUE | $3.3M | 14,216 | flat | 18q | -8.1%-$292.9K | |
| ADOBE INC | ADBE | $3.2M | 13,292 | +0.05pp | 32q | -5.3%-$179.7K | |
| WALMART INC | WMT | $3.1M | 29,850 | -0.03pp | 32q | -0.6%-$18.0K | |
| SELECT SECTOR SPDR TR | XLE | $3.1M | 49,971 | +0.05pp | 19q | -3.9%-$124.0K | |
| MICRON TECHNOLOGY INC | MU | $3.0M | 2,856 | +0.31pp | 2q | +478.1%+$2.5M | |
| COSTCO WHOLESALE CORPORATION | COST | $3.0M | 3,242 | +0.26pp | 32q | +250.9%+$2.1M | |
| STATE STR SPDR S&P MIDCAP 40 | MDY | $2.9M | 4,486 | -0.02pp | 30q | -0.7%-$21.7K | |
| NEXTERA ENERGY INC | NEE | $2.9M | 38,373 | -0.05pp | 17q | -1.4%-$39.9K | |
| SLB LIMITED | SLB | $2.9M | 59,073 | +0.01pp | 19q | -3.8%-$114.8K | |
| BANK OF AMER CORP | BAC | $2.6M | 47,269 | -0.01pp | 32q | -0.8%-$20.7K | |
| ROCKWELL AUTOMATION INC | ROK | $2.4M | 5,611 | -0.05pp | 6q | -4.4%-$112.7K | |
| RESMED INC | RMD | $2.4M | 11,000 | +0.04pp | 32q | HELD | |
| PROCTER & GAMBLE CO | PG | $2.3M | 15,760 | flat | 32q | -1.0%-$24.0K | |
| SPDR SERIES TRUST | SPMD | $2.1M | 33,878 | -0.01pp | 23q | HELD | |
| JOHNSON & JOHNSON | JNJ | $2.0M | 7,548 | flat | 32q | -5.2%-$109.9K | |
| INVESCO QQQ TR | QQQ | $2.0M | 2,690 | +0.01pp | 17q | -0.7%-$14.8K | |
| AUTOMATIC DATA PROCESSING IN | ADP | $1.8M | 6,902 | +0.03pp | 32q | HELD | |
| GENERAC HLDGS INC | GNRC | $1.7M | 8,393 | -0.07pp | 9q | +3.2%+$53.6K | |
| ALPHABET INC | GOOGL | $1.7M | 4,842 | flat | 28q | HELD | |
| SOUTHERN CO | SO | $1.5M | 18,133 | -0.02pp | 17q | HELD | |
| SELECT SECTOR SPDR TR | XLRE | $1.5M | 35,728 | -0.01pp | 18q | HELD | |
| SELECT SECTOR SPDR TR | XLU | $1.5M | 36,875 | -0.03pp | 19q | -1.7%-$25.6K | |
| RTX CORPORATION | RTX | $1.4M | 7,530 | flat | 17q | -1.6%-$23.2K | |
| SELECT SECTOR SPDR TR | XLB | $1.4M | 28,291 | flat | 18q | HELD | |
| BLACKSTONE INC | BX | $1.2M | 11,104 | flat | 19q | HELD | |
| ORACLE CORP | ORCL | $1.2M | 8,694 | -0.01pp | 32q | -1.4%-$16.8K | |
| GE AEROSPACE | GE | $1.1M | 3,666 | -0.02pp | 17q | +0.7%+$8.1K | |
| ISHARES TR | IYW | $1.1M | 4,270 | +0.01pp | 31q | HELD | |
| CONOCOPHILLIPS | COP | $1.1M | 8,975 | +0.03pp | 32q | HELD | |
| BANCO SANTANDER S.A. | SAN | $1.0M | 74,401 | - | new | NEW | |
| ISHARES TR | SUB | $1.0M | 9,715 | flat | 14q | HELD | |
| MERCK & CO INC | MRK | $1.0M | 6,896 | +0.02pp | 32q | HELD | |
| ABBOTT LABORATORIES | ABT | $981.7K | 9,933 | +0.01pp | 32q | -1.1%-$11.4K | |
| EMERSON ELEC CO | EMR | $951.3K | 6,134 | +0.01pp | 32q | HELD | |
| CATERPILLAR INC | CAT | $935.7K | 1,154 | -0.03pp | 32q | HELD | |
| UNITEDHEALTH GROUP INC | UNH | $879.4K | 2,396 | -0.05pp | 32q | -22.9%-$261.3K | |
| GE VERNOVA INC | GEV | $772.7K | 813 | -0.02pp | 9q | +0.7%+$5.7K | |
| CAPITAL ONE FINL CORP | COF | $712.2K | 3,689 | flat | 9q | HELD | |
| CORNING INC | GLW | $660.4K | 4,295 | -0.05pp | 32q | HELD | |
| ISHARES TR | IVV | $643.3K | 840 | flat | 16q | -4.4%-$29.9K | |
| MASTERCARD INCORPORATED | MA | $628.1K | 1,139 | +0.01pp | 17q | HELD | |
| ISHARES TR | IJR | $626.6K | 4,606 | -0.01pp | 30q | HELD | |
| VERIZON COMMUNICATIONS INC | VZ | $570.0K | 12,426 | +0.01pp | 32q | +4.7%+$25.5K | |
| VALERO ENERGY CORP | VLO | $552.3K | 1,425 | +0.02pp | 5q | HELD | |
| LOCKHEED MARTIN CORP | LMT | $481.8K | 946 | flat | 32q | -4.9%-$25.0K | |
| ISHARES TR | NYF | $469.8K | 9,300 | -0.01pp | 17q | -9.1%-$46.8K | |
| CHUBB LIMITED | CB | $419.5K | 1,290 | flat | 29q | -0.8%-$3.3K | |
| HUBBELL INC | HUBB | $408.2K | 900 | -0.01pp | 17q | HELD | |
| AT&T INC | T | $395.4K | 16,204 | +0.01pp | 32q | HELD | |
| SPDR SERIES TRUST | SPYG | $393.2K | 3,195 | -0.01pp | 24q | -17.7%-$84.4K | |
| COCA COLA CO | KO | $384.7K | 4,469 | flat | 32q | HELD | |
| SPDR SERIES TRUST | SPYM | $375.0K | 4,178 | flat | 6q | -0.9%-$3.5K | |
| EXTRA SPACE STORAGE INC | EXR | $369.8K | 2,812 | flat | 13q | HELD | |
| ILLINOIS TOOL WKS INC | ITW | $367.9K | 1,430 | flat | 32q | HELD | |
| DISNEY WALT CO | DIS | $339.4K | 3,235 | flat | 32q | -3.0%-$10.5K | |
| SYSCO CORP | SYY | $318.8K | 4,089 | flat | 32q | -4.0%-$13.2K | |
| AMERICAN TOWER CORP | AMT | $316.6K | 1,934 | flat | 32q | -4.9%-$16.4K | |
| OSHKOSH CORP | OSK | $316.4K | 2,456 | -0.01pp | 32q | HELD | |
| NUVEEN MUN VALUE FD INC | NUV | $296.1K | 35,715 | flat | 30q | -2.7%-$8.3K | |
| BOEING CO | BA | $295.3K | 1,587 | -0.01pp | 32q | -5.9%-$18.6K | |
| AMGEN INC | AMGN | $295.1K | 700 | +0.01pp | 32q | HELD | |
| PFIZER INC | PFE | $291.9K | 10,234 | +0.01pp | 32q | -1.6%-$4.9K | |
| ISHARES TR | IVW | $291.6K | 2,050 | flat | 15q | -2.2%-$6.7K | |
| PNC FINL SVCS GROUP INC | PNC | $283.4K | 1,275 | flat | 32q | HELD | |
| DANAHER CORP DEL | DHR | $282.3K | 1,274 | flat | 32q | -11.2%-$35.4K | |
| CVS HEALTH CORP | CVS | $281.4K | 3,284 | -0.01pp | 32q | -4.4%-$12.9K | |
| SPDR SERIES TRUST | SPYV | $279.8K | 4,577 | flat | 24q | -11.3%-$35.8K | |
| ALPS ETF TR | BFOR | $275.3K | 12,000 | flat | 9q | +300.0%+$206.5K | |
| PHILLIPS 66 | PSX | $261.4K | 1,024 | - | new | NEW | |
| NORTHROP GRUMMAN CORP | NOC | $253.8K | 525 | flat | 32q | HELD | |
| DEVON ENERGY CORP NEW | DVN | $227.0K | 4,930 | flat | 2q | -4.1%-$9.7K | |
| BRISTOL-MYERS SQUIBB CO | BMY | $225.9K | 3,620 | flat | 32q | HELD | |
| FLUOR CORP | FLR | $220.9K | 4,614 | -0.65pp | 19q | -95.6%-$4.9M | |
| TEXAS INSTRS INC | TXN | $210.1K | 750 | flat | 2q | HELD | |
| PLATINUM GROUP METALS LTD | PLG | $16.6K | 13,150 | flat | 13q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $82.5M | 10.3% |
| Semiconductors & Electronics | $80.7M | 10.1% |
| Banks & Lending | $65.9M | 8.2% |
| Biotech & Pharma | $63.5M | 7.9% |
| Retail & Consumer | $45.0M | 5.6% |
| Computer Hardware | $44.3M | 5.5% |
| Medical Devices | $37.1M | 4.6% |
| Instruments & Controls | $29.4M | 3.7% |
| Energy | $24.8M | 3.1% |
| Business Services | $19.6M | 2.4% |
| Capital Markets | $17.1M | 2.1% |
| Funds & ETFs | $15.9M | 2.0% |
| Other sectors | $78.2M | 9.8% |
| Not classified | $197.8M | 24.7% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | +0.5% | +2.1% | -1.6% | 100% |
| Q2 2026 | +12.6% | +14.8% | -2.2% | 100% |
| Q1 2026 | -4.2% | -4.6% | +0.4% | 100% |
| Q4 2025 | +5.1% | +2.4% | +2.7% | 100% |
| Q3 2025 | +6.0% | +7.8% | -1.8% | 100% |
| Q2 2025 | +8.5% | +10.5% | -1.9% | 100% |
| Q1 2025 | -4.9% | -4.6% | -0.3% | 100% |
| Q4 2024 | -0.6% | +2.1% | -2.7% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $801.7M | 137 | 4 | 18 | 79 | 10 | 43.6% | 23 |
| Q2 2026 | $823.0M | 143 | 7 | 16 | 79 | 9 | 41.5% | 21 |
| Q1 2026 | $771.5M | 145 | 3 | 10 | 108 | 7 | 40.4% | 22 |
| Q4 2025 | $903.9M | 149 | 2 | 24 | 106 | 30 | 40.2% | 37 |
| Q3 2025 | $960.5M | 177 | 4 | 36 | 69 | 2 | 36.9% | 16 |
| Q2 2025 | $913.4M | 175 | 11 | 27 | 79 | 5 | 36.9% | 21 |
| Q1 2025 | $837.1M | 169 | 4 | 32 | 76 | 12 | 36.7% | 11 |
| Q4 2024 | $882.9M | 177 | 9 | 29 | 84 | 6 | 37.5% | 10 |
| Q3 2024 | $903.6M | 174 | 12 | 50 | 90 | 19 | 36.8% | 25 |
| Q2 2024 | $769.5M | 181 | 7 | 86 | 51 | 4 | 32.6% | 2 |
| Q1 2024 | $834.9M | 178 | 4 | 58 | 78 | 7 | 33.7% | 12 |
| Q4 2023 | $730.2M | 181 | 3 | 31 | 107 | 6 | 33.0% | 12 |
| Q3 2023 | $709.3M | 184 | 6 | 40 | 105 | 23 | 31.8% | 27 |
| Q2 2023 | $738.5M | 201 | 3 | 60 | 100 | 12 | 31.5% | 17 |
| Q1 2023 | $715.4M | 210 | 8 | 58 | 87 | 15 | 29.7% | 6 |
| Q4 2022 | $661.4M | 217 | 13 | 67 | 83 | 11 | 30.3% | 32 |
| Q3 2022 | $623.4M | 215 | 29 | 62 | 83 | 22 | 30.9% | 11 |
| Q2 2022 | $642.4M | 208 | 7 | 65 | 99 | 9 | 31.7% | 18 |
| Q1 2022 | $744.6M | 210 | 39 | 42 | 84 | 17 | 31.4% | 20 |
| Q4 2021 | $639.7M | 188 | 9 | 55 | 73 | 6 | 35.9% | 24 |
| Q3 2021 | $583.2M | 185 | 12 | 46 | 72 | 10 | 34.8% | 26 |
| Q2 2021 | $575.3M | 183 | 11 | 29 | 102 | 2 | 34.4% | 7 |
| Q1 2021 | $559.8M | 174 | 11 | 40 | 85 | 3 | 33.5% | 23 |
| Q4 2020 | $524.5M | 166 | 18 | 52 | 48 | 4 | 33.9% | 15 |
| Q3 2020 | $464.1M | 152 | 5 | 33 | 68 | 14 | 35.1% | 13 |
| Q2 2020 | $430.1M | 161 | 10 | 40 | 61 | 4 | 33.9% | 7 |
| Q1 2020 | $361.0M | 155 | 4 | 42 | 77 | 14 | 33.9% | 29 |
| Q4 2019 | $468.6M | 165 | 5 | 52 | 62 | 5 | 33.9% | 17 |
| Q3 2019 | $431.6M | 165 | 5 | 34 | 78 | 11 | 33.2% | 18 |
| Q2 2019 | $431.6M | 171 | 19 | 32 | 79 | 7 | 31.9% | 16 |
| Q1 2019 | $412.6M | 159 | 7 | 12 | 122 | 9 | 32.6% | 10 |
| Q4 2018 | $433.9M | 161 | 0 | 0 | 0 | 0 | 31.5% | 17 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.