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Orrstown Financial Services Inc: which funds bought and sold

Institutions that bought and sold Orrstown Financial Services shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 82 institutions that filed 13F reports for both quarters added to or opened positions in Orrstown Financial Services, and 63 cut or closed them. Together they sold a net 286K shares, −2.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 130K shares (−4.6%); index fund managers were net buyers of 241K shares (+4.8%). 24 opened a new position and 16 sold out entirely.

Bought, Q2 2026 82 institutions, 24 of them new holders Sold, Q2 2026 63 institutions, 16 of them sold out
Net change, all compared −286K shares (−2.4%)
Net change, active managers −130K shares (−4.6%), 15 bought, 17 sold

Buyers versus sellers

institutions compared, 177
Active managers and hedge funds 15 bought · 17 sold · −130K
Index fund managers 8 bought · 3 sold · +241K
Other institutions 59 bought · 43 sold · −396K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Blackrock, Inc. Index funds +200K +13.5% 1.7M $68.6M
Citadel Advisors LLC Hedge fund +122K +116.9% 226K $9.2M
American Century Companies Inc Active manager +105K +21.1% 602K $24.6M
Charles Schwab Investment Management Inc Index funds +72K +12.2% 665K $27.2M
Dimensional Fund Advisors LP +64K +7.1% 965K $39.4M
Bridgeway Capital Management, LLC Active manager +50K New position 50K $2M
Vanguard Portfolio Management LLC Index funds +45K +17.1% 305K $12.4M
Empowered Funds, LLC +44K New position 44K $1.8M
Geode Capital Management, LLC Index funds +35K +6.6% 567K $23.1M
AQR Capital Management LLC Hedge fund +35K +57.7% 96K $3.9M
Qube Research & Technologies Ltd Hedge fund +26K +10.3% 276K $11.3M
Quantinno Capital Management LP +22K +80.1% 49K $2M
Russell Investments Group, Ltd. +18K +541.6% 21K $873,442
Vanguard Capital Management LLC Index funds +18K +2.2% 835K $34.1M
Alliancebernstein L.P. Active manager +14K +16.3% 99K $3.6M
Northern Trust Corp Index funds +12K +7.6% 175K $7.1M
Man Group PLC Hedge fund +12K +9.2% 146K $6M
HRT Financial LP +12K New position 12K $470,000
Quantbot Technologies LP Hedge fund +11K New position 11K $433,533
Balyasny Asset Management L.P. Hedge fund +10K New position 10K $426,265

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Assenagon Asset Management S.A. −298K Sold out 0 —
Wellington Management Group LLP Active manager −200K Sold out 0 —
State Street Corp Index funds −121K −15.1% 680K $27.8M
Nuveen, LLC −94K −27.9% 244K $10M
Millennium Management LLC Hedge fund −81K −39.1% 126K $5.1M
Goldman Sachs Group Inc −78K −35.7% 141K $5.7M
Trexquant Investment LP Hedge fund −58K −52.6% 52K $2.1M
Algert Global LLC Hedge fund −33K −10.3% 288K $11.7M
Exoduspoint Capital Management, LP Hedge fund −32K Sold out 0 —
Renaissance Technologies LLC Hedge fund −31K −31.7% 68K $2.8M
Tudor Investment Corp Et Al Hedge fund −29K Sold out 0 —
Bank Of America Corp −24K −17.2% 116K $4.7M
Bailard, Inc. −23K Sold out 0 —
Y-Intercept (Hong Kong) Ltd −23K −42.2% 31K $1.3M
Susquehanna International Group, LLP −21K Sold out 0 —
Rafferty Asset Management, LLC Index funds −18K −62.3% 11K $441,291
Schonfeld Strategic Advisors LLC Hedge fund −17K Sold out 0 —
Raymond James Financial Inc −14K Sold out 0 —
HSBC Holdings PLC −14K −55.0% 11K $459,286
Arrowstreet Capital, Limited Partnership Hedge fund −13K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Bridgeway Capital Management, LLCActive manager 50K $2M
Empowered Funds, LLC 44K $1.8M
HRT Financial LP 12K $470,000
Quantbot Technologies LPHedge fund 11K $433,533
Balyasny Asset Management L.P.Hedge fund 10K $426,265
Sequoia Financial Advisors, LLC 9,707 $396,337
Mercer Global Advisors Inc 8,902 $363,469
Quadrature Capital LtdHedge fund 7,890 $322,149
Squarepoint Ops LLCHedge fund 6,754 $275,766
Savant Capital, LLC 7,165 $274,860

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Assenagon Asset Management S.A. 298K $10.7M
Wellington Management Group LLPActive manager 200K $7.2M
Exoduspoint Capital Management, LPHedge fund 32K $1.2M
Tudor Investment Corp Et AlHedge fund 29K $1.1M
Bailard, Inc. 23K $844,272
Susquehanna International Group, LLP 21K $758,185
Schonfeld Strategic Advisors LLCHedge fund 17K $602,391
Raymond James Financial Inc 14K $503,661
Arrowstreet Capital, Limited PartnershipHedge fund 13K $474,199
Rodgers & Associates, Ltd 9,570 $345,286

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
163
Ten largest holders
58.9%
of 13F-reported shares
Index fund managers
44.9%
of 13F-reported shares
Active managers and hedge funds
23.3%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 15 17 6 7 −130K −4.6%
Index fund managers 8 3 0 0 +241K +4.8%
Other institutions 59 43 18 9 −396K −9.7%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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