Strategic Financial Services, Inc.
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 30 quarters, returned +8.0% per quarter — versus +2.9% per quarter from simply owning every 13F stock. It beat that baseline in only 63.3% of quarters (excess t = 1.43, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)
Top 20 holdings of 150 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| INTF | $339M | | HOLD |
| SMLF | $290M | | HOLD |
| LRGF | $263M | | HOLD |
| VGIT | $161M | | HOLD |
| VCSH | $115M | | ADD |
| EMGF | $114M | | HOLD |
| VTIP | $73M | | ADD |
| VGLT | $72M | | ADD |
| VCIT | $72M | | HOLD |
| VFMO | $56M | | HOLD |
| MTUM | $54M | | HOLD |
| GLDM | $54M | | TRIM |
| DFIV | $44M | | HOLD |
| EUSA | $39M | | HOLD |
| GSIE | $38M | | HOLD |
| VGSH | $35M | | ADD |
| GVI | $29M | | HOLD |
| AAPL | $17M | | HOLD |
| SIZE | $16M | | HOLD |
| VWOB | $15M | | HOLD |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q1
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.