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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, Q1 2026

Institutional positions in Community Financial System, Inc. as of Mar 31, 2026. 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
265
+9 vs. Q4 2025
Shares held
40.0M
+6.97M (+21.1%) vs. Q4 2025
Total value
$2.35B
+$447.9M (+23.6%) vs. Q4 2025
New holders
39
103 more added
Sold out
30
71 more reduced

8 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 265 institutions
Q1 2021: 211 institutionsQ2 2021: 221 institutionsQ3 2021: 237 institutionsQ4 2021: 244 institutionsQ1 2022: 244 institutionsQ2 2022: 240 institutionsQ3 2022: 249 institutionsQ4 2022: 254 institutionsQ1 2023: 245 institutionsQ2 2023: 222 institutionsQ3 2023: 236 institutionsQ4 2023: 245 institutionsQ1 2024: 235 institutionsQ2 2024: 245 institutionsQ3 2024: 255 institutionsQ4 2024: 254 institutionsQ1 2025: 267 institutionsQ2 2025: 259 institutionsQ3 2025: 255 institutionsQ4 2025: 264 institutionsQ1 2026: 265 institutionsQ2 2026: 280 institutions
Value heldQ1 2026: $2.35B
Q1 2021: $2.94BQ2 2021: $2.89BQ3 2021: $2.60BQ4 2021: $2.81BQ1 2022: $2.65BQ2 2022: $2.41BQ3 2022: $2.35BQ4 2022: $2.43BQ1 2023: $2.06BQ2 2023: $1.92BQ3 2023: $1.69BQ4 2023: $2.05BQ1 2024: $1.83BQ2 2024: $1.78BQ3 2024: $2.18BQ4 2024: $2.38BQ1 2025: $2.21BQ2 2025: $2.23BQ3 2025: $2.30BQ4 2025: $2.30BQ1 2026: $2.35BQ2 2026: $2.75B
Institutions holding CBU and their total value by quarter
QuarterHoldersValue
Q2 2026280$2.75B
Q1 2026265$2.35B
Q4 2025264$2.30B
Q3 2025255$2.30B
Q2 2025259$2.23B
Q1 2025267$2.21B
Q4 2024254$2.38B
Q3 2024255$2.18B
Q2 2024245$1.78B
Q1 2024235$1.83B
Q4 2023245$2.05B
Q3 2023236$1.69B
Q2 2023222$1.92B
Q1 2023245$2.06B
Q4 2022254$2.43B
Q3 2022249$2.35B
Q2 2022240$2.41B
Q1 2022244$2.65B
Q4 2021244$2.81B
Q3 2021237$2.60B
Q2 2021221$2.89B
Q1 2021211$2.94B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Community Financial System, Inc.; share changes are against Q4 2025.

Institutions holding CBU in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.7,513,822$440.7M0.01%−27,698−0.4%Reduced
Neuberger Berman Group LLC3,715,425$217.9M0.17%−97,020−2.5%Reduced
Vanguard Portfolio Management LLC3,525,760$206.8M0.01%+3,525,760New
State Street Corp3,150,340$186.2M0.01%+23,090+0.7%Added
FMR LLC3,026,372$177.5M0.01%+1,345,655+80.1%Added
Vanguard Capital Management LLC2,374,139$139.2M0.00%+2,374,139New
Morgan Stanley1,861,086$109.2M0.01%−144,350−7.2%Reduced
Dimensional Fund Advisors LP1,818,395$106.6M0.02%+20,428+1.1%Added
Geode Capital Management, LLC1,297,741$76.1M0.00%+49,192+3.9%Added
Federated Hermes, Inc.754,801$44.3M0.07%+82,895+12.3%Added
NFJ Investment Group, LLC679,956$39.9M1.52%−15,864−2.3%Reduced
Charles Schwab Investment Management Inc639,011$37.5M0.01%+3,963+0.6%Added
Northern Trust Corp620,512$36.4M0.00%+17,115+2.8%Added
Bank of America Corp598,786$35.1M0.00%+19,433+3.4%Added
Bank of New York Mellon Corp530,902$31.1M0.01%−10,526−1.9%Reduced
Deprince Race & Zollo Inc530,874$31.1M0.59%+53,191+11.1%Added
Goldman Sachs Group Inc524,561$30.8M0.00%+92,696+21.5%Added
Riggs Asset Managment Co. Inc.417,156$24.5M5.04%+15,706+3.9%Added
Segall Bryant & Hamill, LLC353,150$20.7M0.30%−18,074−4.9%Reduced
Vanguard Fiduciary Trust Co345,637$20.3M0.01%+345,637New
Principal Financial Group Inc256,390$15.0M0.01%+5,203+2.1%Added
Public Sector Pension Investment Board188,482$11.1M0.03%+6,197+3.4%Added
Victory Capital Management Inc154,285$9.05M0.01%+5,409+3.6%Added
UBS Group AG152,156$8.92M0.00%−51,971−25.5%Reduced
Rhumbline Advisers147,287$8.64M0.01%+220.0%Added
Invesco Ltd.146,712$8.60M0.00%+14,787+11.2%Added
Nuveen, LLC131,485$7.71M0.00%−822−0.6%Reduced
Envestnet Asset Management Inc127,458$7.48M0.00%+11,456+9.9%Added
Ameriprise Financial Inc127,340$7.47M0.00%−4,852−3.7%Reduced
Legal & General Group Plc124,660$7.31M0.00%−10,284−7.6%Reduced
Waldron Private Wealth LLC122,053$7.16M0.28%−88,189−41.9%Reduced
SG Americas Securities, LLC121,256$7.11M0.01%−47,636−28.2%Reduced
UBS Asset Management Americas Inc120,290$7.06M0.00%+1,704+1.4%Added
ProShare Advisors LLC113,479$6.66M0.01%+2,251+2.0%Added
JPMorgan Chase & Co113,522$6.55M0.00%+17,037+17.7%Added
Swiss National Bank104,200$6.11M0.00%00.0%Unchanged
Community Bank, N.A.100,312$5.88M0.70%−2,200−2.1%Reduced
Two Sigma Investments, LP96,365$5.65M0.00%+96,365New
Citadel Advisors LLC95,789$5.62M0.00%+13,408+16.3%Added
Russell Investments Group, Ltd.94,856$5.56M0.01%+3,141+3.4%Added
California Public Employees Retirement System93,323$5.47M0.00%−149−0.2%Reduced
ExodusPoint Capital Management, LP76,987$4.52M0.04%+76,987New
New York State Teachers Retirement System76,784$4.50M0.01%−6,337−7.6%Reduced
Adage Capital Partners GP, L.L.C.76,766$4.50M0.01%+38,619+101.2%Added
Hilton Capital Management, LLC74,119$4.35M0.33%+9,537+14.8%Added
American Century Companies Inc71,768$4.21M0.00%+25,029+53.6%Added
Sterling Capital Management LLC70,428$4.13M0.08%−1,779−2.5%Reduced
Balyasny Asset Management LLC67,941$3.98M0.01%−249,333−78.6%Reduced
Alliancebernstein L.P.68,464$3.93M0.00%00.0%Unchanged
Jacobi Capital Management LLC62,908$3.69M0.21%−6,881−9.9%Reduced
Price T Rowe Associates Inc62,556$3.67M0.00%+10,126+19.3%Added
First Trust Advisors LP61,593$3.61M0.00%+6,736+12.3%Added
California State Teachers Retirement System56,805$3.33M0.00%+6,844+13.7%Added
SEI Investments Co54,224$3.18M0.00%+26,269+94.0%Added
Prudential Financial Inc53,887$3.16M0.00%+4,385+8.9%Added
Stifel Financial Corp51,319$3.01M0.00%+1,348+2.7%Added
Toroso Investments, LLC48,470$2.84M0.01%+48,470New
Deutsche Bank AG48,087$2.82M0.00%+5,363+12.6%Added
Vanguard Asset Management, Ltd46,337$2.72M0.00%+46,337New
Great West Life Assurance Co44,783$2.63M0.00%−1,694−3.6%Reduced
Wells Fargo & Company44,287$2.60M0.00%−35,999−44.8%Reduced
Wealth Enhancement Advisory Services, LLC42,320$2.52M0.01%−13,077−23.6%Reduced
Anchor Capital Advisors LLC39,177$2.30M0.07%−52−0.1%Reduced
LPL Financial LLC37,698$2.21M0.00%+6,471+20.7%Added
Susquehanna International Group, LLP36,054$2.11M0.00%+17,040+89.6%Added
Thrivent Financial for Lutherans35,480$2.08M0.00%−1,412−3.8%Reduced
Citigroup Inc34,901$2.05M0.00%−3,016−8.0%Reduced
State of New Jersey Common Pension Fund D34,754$2.04M0.01%−5,433−13.5%Reduced
Susquehanna Portfolio Strategies, LLC33,311$1.95M0.03%−1,162−3.4%Reduced
MetLife Investment Management28,912$1.70M0.01%−509−1.7%Reduced
State of Alaska, Department of Revenue28,254$1.66M0.02%−786−2.7%Reduced
Illinois Municipal Retirement Fund28,179$1.65M0.02%+1,137+4.2%Added
Rafferty Asset Management, LLC28,076$1.65M0.01%−3,690−11.6%Reduced
Intech Investment Management LLC27,777$1.63M0.02%+7,808+39.1%Added
Numerai GP LLC26,418$1.55M0.16%−450−1.7%Reduced
Canandaigua National Corp26,405$1.55M0.14%+26,405New
AQR Capital Management LLC25,640$1.50M0.00%+5,180+25.3%Added
Mirae Asset Global ETFs Holdings Ltd.24,863$1.46M0.00%+297+1.2%Added
Squarepoint Ops LLC24,669$1.45M0.00%+10,350+72.3%Added
Manufacturers Life Insurance Company, The24,136$1.42M0.00%−690−2.8%Reduced
Lazard Asset Management LLC23,677$1.39M0.00%+599+2.6%Added
Cetera Investment Advisers23,652$1.39M0.00%+2,533+12.0%Added
Janus Henderson Group PLC23,412$1.37M0.00%00.0%Unchanged
Louisiana State Employees Retirement System23,400$1.37M0.02%−700−2.9%Reduced
Barclays PLC23,336$1.37M0.00%−70,306−75.1%Reduced
Ausbil Investment Management Ltd22,973$1.36M0.68%+3,527+18.1%Added
Royal Bank of Canada21,790$1.28M0.00%−400−1.8%Reduced
Berkshire Asset Management LLC21,514$1.26M0.05%−737−3.3%Reduced
Vanguard Global Advisers, LLC21,097$1.24M0.00%+21,097New
Alliance Wealth Advisors, LLC20,825$1.22M0.58%00.0%Unchanged
Quantinno Capital Management LP20,561$1.21M0.00%+13,502+191.3%Added
Raymond James Financial Inc20,186$1.18M0.00%+5,220+34.9%Added
CI Private Wealth, LLC19,760$1.16M0.00%+9,728+97.0%Added
Commonwealth Equity Services, LLC19,617$1.15M0.00%−6,747−25.6%Reduced
HighTower Advisors, LLC19,119$1.12M0.00%+2,327+13.9%Added
Atria Investments LLC18,995$1.11M0.01%−1,047−5.2%Reduced
New York State Common Retirement Fund17,949$1.05M0.00%−100−0.6%Reduced
Moody National Bank Trust Division17,265$1.01M0.10%00.0%Unchanged
Cerity Partners LLC16,877$989.9K0.00%+16,877New
Zurcher Kantonalbank (Zurich Cantonalbank)16,707$979.9K0.00%+129+0.8%Added