Community Financial System, Inc.
CBU- Exchange
- NYSE
- Industry
- National Commercial Banks
- SEC CIK
- 0000723188
In the last 90 days, Community Financial System, Inc. insiders filed 3 open-market purchases and 0 sales; 280 institutions reported holding it in 13F filings for Q2 2026, worth $2.75B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Community Financial System, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 264
- +11 vs. Q3 2025
- Shares held
- 40.0M
- +847.1K (+2.2%) vs. Q3 2025
- Total value
- $2.30B
- +$1.96M (+0.1%) vs. Q3 2025
- New holders
- 31
- 99 more added
- Sold out
- 20
- 85 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting CBU on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 280 | $2.75B |
| Q1 2026 | 265 | $2.35B |
| Q4 2025 | 264 | $2.30B |
| Q3 2025 | 255 | $2.30B |
| Q2 2025 | 259 | $2.23B |
| Q1 2025 | 267 | $2.21B |
| Q4 2024 | 254 | $2.38B |
| Q3 2024 | 255 | $2.18B |
| Q2 2024 | 245 | $1.78B |
| Q1 2024 | 235 | $1.83B |
| Q4 2023 | 245 | $2.05B |
| Q3 2023 | 236 | $1.69B |
| Q2 2023 | 222 | $1.92B |
| Q1 2023 | 245 | $2.06B |
| Q4 2022 | 254 | $2.43B |
| Q3 2022 | 249 | $2.35B |
| Q2 2022 | 240 | $2.41B |
| Q1 2022 | 244 | $2.65B |
| Q4 2021 | 244 | $2.81B |
| Q3 2021 | 237 | $2.60B |
| Q2 2021 | 221 | $2.89B |
| Q1 2021 | 211 | $2.94B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Community Financial System, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Drum Hill Capital, LLC | 4,718 | $271.0K | 0.28% | 00.0% | Unchanged |
| Banque Pictet & Cie SA | 4,848 | $278.5K | 0.00% | −1,141−19.1% | Reduced |
| New Age Alpha Advisors, LLC | 4,925 | $282.9K | 0.01% | +2,204+81.0% | Added |
| XTX Topco Ltd | 5,013 | $287.9K | 0.01% | +5,013 | New |
| Peoples Financial Services Corp. | 5,100 | $292.9K | 0.14% | 00.0% | Unchanged |
| O'Shaughnessy Asset Management, LLC | 5,156 | $296.2K | 0.00% | +434+9.2% | Added |
| Pathstone Holdings, LLC | 5,484 | $315.4K | 0.00% | −66−1.2% | Reduced |
| AE Wealth Management LLC | 5,587 | $320.9K | 0.00% | +1,333+31.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 5,927 | $340.0K | 0.00% | −1,565−20.9% | Reduced |
| Bank of Montreal | 5,932 | $340.7K | 0.00% | −80−1.3% | Reduced |
| Park Avenue Securities LLC | 5,942 | $341.0K | 0.00% | +298+5.3% | Added |
| Mutual of America Capital Management LLC | 6,019 | $345.7K | 0.00% | +98+1.7% | Added |
| Profund Advisors LLC | 6,059 | $348.0K | 0.01% | +1,797+42.2% | Added |
| Allegheny Financial Group LTD | 6,140 | $352.7K | 0.05% | +9+0.1% | Added |
| The PNC Financial Services Group, Inc. | 6,348 | $364.6K | 0.00% | −64−1.0% | Reduced |
| QRG Capital Management, Inc. | 6,544 | $375.9K | 0.00% | +223+3.5% | Added |
| Minerva Advisors LLC | 6,618 | $380.1K | 0.25% | 00.0% | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 6,749 | $389.0K | 0.00% | −633−8.6% | Reduced |
| Cornell Pochily Investment Advisors, Inc. | 6,834 | $392.5K | 0.11% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 6,991 | $401.6K | 0.01% | +6,991 | New |
| Holocene Advisors, LP | 7,012 | $402.8K | 0.00% | −1,420−16.8% | Reduced |
| Quantinno Capital Management LP | 7,059 | $405.5K | 0.00% | +1,961+38.5% | Added |
| Pictet Asset Management Holding SA | 7,112 | $408.5K | 0.00% | 00.0% | Unchanged |
| Sovereign Financial Group, Inc. | 7,291 | $418.8K | 0.07% | −30.0% | Reduced |
| Fiduciary Trust Co | 7,311 | $419.9K | 0.00% | +7,311 | New |
| Aureum Wealth Management, LLC | 7,350 | $422.2K | 0.39% | +7,350 | New |
| Maryland State Retirement & Pension System | 7,674 | $440.8K | 0.01% | +75+1.0% | Added |
| Hanson & Doremus Investment Management | 7,674 | $441.0K | 0.05% | +157+2.1% | Added |
| Amundi | 7,921 | $455.0K | 0.00% | −1,250−13.6% | Reduced |
| Carl P. Sherr & Co., LLC | 7,370 | $460.6K | 0.21% | −800−9.8% | Reduced |
| CWM Advisors, LLC | 8,139 | $467.5K | 0.04% | +426+5.5% | Added |
| Benjamin Edwards Inc | 8,515 | $489.4K | 0.01% | +876+11.5% | Added |
| Quest Partners LLC | 8,959 | $514.6K | 0.03% | +8,957+447,850.0% | Added |
| Voya Investment Management LLC | 9,530 | $547.4K | 0.00% | 00.0% | Unchanged |
| Y-Intercept (Hong Kong) Ltd | 9,953 | $571.7K | 0.01% | +9,953 | New |
| Strategic Financial Services, Inc, | 8,686 | $576.7K | 0.03% | −126−1.4% | Reduced |
| CI Private Wealth, LLC | 10,032 | $576.9K | 0.00% | +231+2.4% | Added |
| Trust Co of Vermont | 10,184 | $585.0K | 0.02% | +1,515+17.5% | Added |
| Mercer Global Advisors Inc | 10,755 | $617.8K | 0.00% | +1,106+11.5% | Added |
| Meridian Wealth Partners, LLC | 10,890 | $625.5K | 0.09% | −37−0.3% | Reduced |
| Fulton Bank, N.A. | 11,323 | $650.4K | 0.02% | +358+3.3% | Added |
| KLP Kapitalforvaltning AS | 11,300 | $653.6K | 0.00% | +200+1.8% | Added |
| Arrowstreet Capital, Limited Partnership | 11,643 | $668.8K | 0.00% | +11,643 | New |
| Oregon Public Employees Retirement Fund | 12,035 | $691.3K | 0.01% | +100+0.8% | Added |
| Gallagher Fiduciary Advisors, LLC | 12,073 | $693.5K | 0.02% | +992+9.0% | Added |
| Advisor Group Holdings, Inc. | 12,083 | $694.0K | 0.00% | +3,177+35.7% | Added |
| Verition Fund Management LLC | 12,096 | $694.8K | 0.00% | −34,124−73.8% | Reduced |
| Truist Financial Corp | 12,205 | $701.1K | 0.00% | +215+1.8% | Added |
| Franklin Resources Inc | 12,548 | $720.8K | 0.00% | −108−0.9% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 13,037 | $748.8K | 0.00% | −424−3.1% | Reduced |
| Level Four Advisory Services, LLC | 13,268 | $762.1K | 0.02% | −505−3.7% | Reduced |
| Teachers Retirement System of the State of Kentucky | 13,297 | $764.0K | 0.01% | −1,770−11.7% | Reduced |
| State of Tennessee, Treasury Department | 12,286 | $767.9K | 0.00% | −4,293−25.9% | Reduced |
| BNP Paribas Arbitrage, SA | 13,467 | $773.5K | 0.00% | +396+3.0% | Added |
| Handelsbanken Fonder AB | 13,816 | $794.0K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 14,043 | $806.6K | 0.01% | −1,215−8.0% | Reduced |
| Squarepoint Ops LLC | 14,319 | $822.5K | 0.00% | −3,865−21.3% | Reduced |
| Gsa Capital Partners LLP | 14,751 | $847.0K | 0.07% | +14,751 | New |
| Arizona State Retirement System | 14,763 | $848.0K | 0.00% | −876−5.6% | Reduced |
| Raymond James Financial Inc | 14,966 | $859.6K | 0.00% | +3,816+34.2% | Added |
| State Board of Administration of Florida Retirement System | 15,082 | $866.3K | 0.00% | 00.0% | Unchanged |
| Yousif Capital Management, LLC | 14,226 | $867.6K | 0.01% | −2,114−12.9% | Reduced |
| Amalgamated Bank | 15,361 | $882.0K | 0.01% | +66+0.4% | Added |
| Comerica Bank | 16,352 | $939.3K | 0.00% | −2,856−14.9% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 16,578 | $952.2K | 0.00% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 16,792 | $964.5K | 0.00% | +15+0.1% | Added |
| Moody National Bank Trust Division | 17,265 | $991.7K | 0.10% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 18,049 | $1.04M | 0.00% | 00.0% | Unchanged |
| Millennium Management LLC | 18,334 | $1.05M | 0.00% | −23,423−56.1% | Reduced |
| Susquehanna International Group, LLP | 19,014 | $1.09M | 0.00% | −11,771−38.2% | Reduced |
| Ausbil Investment Management Ltd | 19,446 | $1.12M | 0.63% | +8,157+72.3% | Added |
| Intech Investment Management LLC | 19,969 | $1.15M | 0.01% | 00.0% | Unchanged |
| Atria Investments LLC | 20,042 | $1.15M | 0.01% | +2,272+12.8% | Added |
| Nisa Investment Advisors, LLC | 19,980 | $1.16M | 0.00% | +33+0.2% | Added |
| MML Investors Services, LLC | 20,378 | $1.17M | 0.00% | +291+1.4% | Added |
| AQR Capital Management LLC | 20,460 | $1.18M | 0.00% | +5,934+40.9% | Added |
| Alliance Wealth Advisors, LLC | 20,825 | $1.20M | 0.57% | +10,150+95.1% | Added |
| Cetera Investment Advisers | 21,119 | $1.21M | 0.00% | −2,456−10.4% | Reduced |
| Elo Mutual Pension Insurance Co | 21,436 | $1.23M | 0.02% | +21,436 | New |
| Royal Bank of Canada | 22,190 | $1.28M | 0.00% | +1,441+6.9% | Added |
| Berkshire Asset Management LLC | 22,251 | $1.28M | 0.06% | −30,535−57.8% | Reduced |
| Lazard Asset Management LLC | 23,078 | $1.33M | 0.00% | +835+3.8% | Added |
| Janus Henderson Group PLC | 23,412 | $1.34M | 0.00% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 24,100 | $1.38M | 0.02% | −200−0.8% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 24,566 | $1.41M | 0.00% | −44−0.2% | Reduced |
| Manufacturers Life Insurance Company, The | 24,826 | $1.43M | 0.00% | −1,407−5.4% | Reduced |
| HRT Financial LP | 25,942 | $1.49M | 0.00% | −3,290−11.3% | Reduced |
| Commonwealth Equity Services, LLC | 26,364 | $1.51M | 0.00% | +334+1.3% | Added |
| Numerai GP LLC | 26,868 | $1.54M | 0.19% | −43,338−61.7% | Reduced |
| Illinois Municipal Retirement Fund | 27,042 | $1.55M | 0.02% | −954−3.4% | Reduced |
| SEI Investments Co | 27,955 | $1.61M | 0.00% | +15,299+120.9% | Added |
| Canandaigua National Bank & Trust Co | 28,530 | $1.64M | 0.15% | 00.0% | Unchanged |
| State of Alaska, Department of Revenue | 29,040 | $1.67M | 0.02% | +309+1.1% | Added |
| MetLife Investment Management | 29,421 | $1.69M | 0.01% | −1,366−4.4% | Reduced |
| LPL Financial LLC | 31,227 | $1.79M | 0.00% | −1,590−4.8% | Reduced |
| Rafferty Asset Management, LLC | 31,766 | $1.82M | 0.01% | −14,133−30.8% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 34,473 | $1.98M | 0.03% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 36,892 | $2.12M | 0.00% | −1,947−5.0% | Reduced |
| Citigroup Inc | 37,917 | $2.18M | 0.00% | −9,320−19.7% | Reduced |
| Adage Capital Partners GP, L.L.C. | 38,147 | $2.19M | 0.00% | +10,643+38.7% | Added |