COBBLESTONE CAPITAL ADVISORS LLC /NY/

CIK

1033505

Location

ROCHESTER, NY

Portfolio Value

Small $922,451,714

Diversification

Diversified

Filing Date

Global Rank

#1,834 / 7,976 ▼ 18

Top Industry

Consumer Electronics 9.7%

3Y Alpha vs SPY

-6.1%

Period ended 9 months ago

Filed Nov 12, 2025 · 7mo

23 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+50.8%

SPY

+76.3%

Annualised alpha

-6.1%

Max drawdown

−16.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

202 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

9.4%

+1.4 pts

Top 5

34.8%

+1.5 pts

Top 10

50.9%

+0.4 pts

HHI

361

Diversified+12

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Technology	30.1%	$277,698,947	32
Financial Services	24.6%	$226,967,939	43
Consumer Cyclical	11.6%	$106,595,551	16
Industrials	9.7%	$89,461,744	30
Consumer Defensive	6.3%	$58,326,189	14
Healthcare	5.2%	$48,029,574	20
Unclassified	3.3%	$30,021,816	5
Real Estate	2.7%	$25,259,521	3
Energy	2.7%	$24,914,713	14
Communication Services	2.5%	$23,290,832	8
Utilities	0.7%	$6,763,424	10
Basic Materials	0.6%	$5,121,464	7

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BNL	Broadstone Net Lease, Inc.	+38,473	744,528	$13,304,715
PCOR	Procore Technologies, Inc.	+1,690	235,111	$17,144,294
MRCC	MONROE CAPITAL Corp	+1,433	19,480	$136,749
SBUX	Starbucks Corp	+1,151	5,022	$424,861
BBDC	Barings BDC, Inc.	+1,149	15,464	$135,464
SLV	iShares Silver Trust	+857	12,663	$536,531
KO	Coca Cola Co	+764	29,473	$1,954,649
CCAP	Crescent Capital BDC, Inc.	+741	58,783	$838,245
INTC	Intel Corp	+697	12,620	$423,401
ORLY	O Reilly Automotive Inc	+663	150,322	$16,206,214
CVS	CVS HEALTH Corp	+549	129,937	$9,795,950
CNI	Canadian National Railway Co	+513	192,355	$18,139,076
BAC	Bank Of America Corp /De/	+402	41,518	$2,141,913
BRK-B	Berkshire Hathaway Inc	+382	93,729	$47,121,317
RSG	Republic Services, Inc.	+318	87,956	$20,184,142
CSX	Csx Corp	+316	17,746	$630,160
CVX	Chevron Corp	+257	33,028	$5,128,918
WPM	Wheaton Precious Metals Corp.	+219	18,174	$2,032,580
BNY	Bank of New York Mellon Corp	+217	25,180	$2,743,612
MPLX	Mplx LP	+198	5,198	$259,640
GD	General Dynamics Corp	+177	1,035	$352,935
JPM	Jpmorgan Chase & Co	+154	19,514	$6,155,301
AIG	American International Group, Inc.	+154	4,762	$374,007
CRWD	CrowdStrike Holdings, Inc.	+145	1,263	$619,349
CSCO	Cisco Systems, Inc.	+142	24,622	$1,684,637
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DEO	Diageo PLC	−7,100	120,288	$11,479,083
WFC	Wells Fargo & Company/Mn	−5,805	120,159	$10,071,727
AAPL	Apple Inc.	−4,868	340,764	$86,768,737
AMZN	Amazon Com Inc	−4,614	291,136	$63,924,731
SHOP	Shopify Inc.	−4,359	34,047	$5,059,724
JKHY	Jack Henry & Associates Inc	−3,370	121,097	$18,034,976
BN	BROOKFIELD Corp /ON/	−3,058	332,728	$15,212,324
PFE	Pfizer Inc	−2,505	41,148	$1,048,451
CPRT	Copart Inc	−2,384	406,844	$18,295,774
NVDA	Nvidia Corp	−1,958	313,274	$58,450,662
WEN	Wendy's Co	−1,050	20,842	$190,912
MSFT	Microsoft Corp	−974	125,801	$65,158,627
PAYX	Paychex Inc	−876	49,767	$6,308,464
GLW	Corning Inc /Ny	−831	39,507	$3,240,759
ORCL	Oracle Corp	−688	10,609	$2,983,675
GOOGL	Alphabet Inc.	−589	72,359	$17,590,472
GL	Globe Life Inc.	−506	3,661	$523,413
UNH	Unitedhealth Group Inc	−395	2,785	$961,660
PEP	Pepsico Inc	−364	115,641	$16,240,622
CB	Chubb Ltd	−357	1,426	$402,488
CMCSA	Comcast Corp	−327	37,412	$1,101,671
AXP	American Express Co	−316	67,740	$22,500,518
STZ	Constellation Brands, Inc.	−271	5,828	$784,856
PG	PROCTER & GAMBLE Co	−248	51,407	$7,898,685
AMT	American Tower Corp /Ma/	−242	60,589	$11,652,476
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
TFC	Truist Financial Corp	27,772	$1,269,735
BE	Bloom Energy Corp	4,433	$374,898
NEM	NEWMONT Corp /DE/	3,918	$330,326
IONQ	IonQ, Inc.	4,097	$251,965
SYY	Sysco Corp	2,500	$205,850
TRP	Tc Energy Corp	3,685	$200,500
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
NVO	Novo Nordisk A S	3,556	$245,435
FISV	Fiserv Inc	1,315	$226,719
UPS	United Parcel Service Inc	2,175	$219,544
AMP	Ameriprise Financial Inc	390	$208,154
CAH	Cardinal Health Inc	1,201	$201,768
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

202 positions · $922,451,714 total · as of Sep 30, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 202 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	340,764	-4,868	$86,768,737	+22.4%	9.41%
MSFT	Microsoft Corp Technology	Reduced	125,801	-974	$65,158,627	+3.3%	7.06%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	291,136	-4,614	$63,924,731	−1.5%	6.93%
NVDA	Nvidia Corp Technology	Reduced	313,274	-1,958	$58,450,662	+17.4%	6.34%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	93,729	+382	$47,121,317	+3.9%	5.11%
MKL	Markel Group Inc. Financial Services	Reduced	19,997	-3	$38,221,465	−4.3%	4.14%
V	Visa Inc. Financial Services	Reduced	105,182	-20	$35,907,031	−3.9%	3.89%
MCO	Moodys Corp /De/ Financial Services	Reduced	58,905	-31	$28,067,054	−5.1%	3.04%
SPY	Spdr S&P 500 ETF Trust	Reduced	34,642	-110	$23,077,807	+7.5%	2.50%
AXP	American Express Co Financial Services	Reduced	67,740	-316	$22,500,518	+3.6%	2.44%
RSG	Republic Services, Inc. Industrials	Added	87,956	+318	$20,184,142	−6.6%	2.19%
CPRT	Copart Inc Industrials	Reduced	406,844	-2,384	$18,295,774	−8.9%	1.98%
CNI	Canadian National Railway Co Industrials	Added	192,355	+513	$18,139,076	−9.1%	1.97%
JKHY	Jack Henry & Associates Inc Technology	Reduced	121,097	-3,370	$18,034,976	−19.6%	1.96%
GOOGL	Alphabet Inc. Communication Services	Reduced	72,359	-589	$17,590,472	+36.8%	1.91%
PCOR	Procore Technologies, Inc. Technology	Added	235,111	+1,690	$17,144,294	+7.3%	1.86%
PEP	Pepsico Inc Consumer Defensive	Reduced	115,641	-364	$16,240,622	+6.0%	1.76%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	150,322	+663	$16,206,214	+20.1%	1.76%
IDXX	Idexx Laboratories Inc /De Healthcare	Reduced	24,765	-58	$15,822,110	+18.8%	1.72%
BN	BROOKFIELD Corp /ON/ Financial Services	Reduced	332,728	-3,058	$15,212,324	+9.9%	1.65%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	16,294	-73	$15,082,215	−6.9%	1.64%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	100,538	+64	$14,531,762	+17.1%	1.58%
BNL	Broadstone Net Lease, Inc. Real Estate	Added	744,528	+38,473	$13,304,715	+17.4%	1.44%
AMT	American Tower Corp /Ma/ Real Estate	Reduced	60,589	-242	$11,652,476	−13.3%	1.26%
DEO	Diageo PLC Consumer Defensive	Reduced	120,288	-7,100	$11,479,083	−10.6%	1.24%
GHM	Graham Corp Industrials	Held	187,289	0	$10,282,166	+10.9%	1.11%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	120,159	-5,805	$10,071,727	−0.2%	1.09%
CVS	CVS HEALTH Corp Healthcare	Added	129,937	+549	$9,795,950	+9.8%	1.06%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	51,407	-248	$7,898,685	−4.0%	0.86%
PAYX	Paychex Inc Technology	Reduced	49,767	-876	$6,308,464	−14.4%	0.68%
JPM	Jpmorgan Chase & Co Financial Services	Added	19,514	+154	$6,155,301	+9.7%	0.67%
XOM	Exxon Mobil Corp Energy	Added	48,225	+125	$5,437,368	+4.9%	0.59%
CVX	Chevron Corp Energy	Added	33,028	+257	$5,128,918	+9.3%	0.56%
IAU	Ishares Gold Trust	Held	69,642	0	$5,067,848	+16.7%	0.55%
SHOP	Shopify Inc. Technology	Reduced	34,047	-4,359	$5,059,724	+14.2%	0.55%
JNJ	Johnson & Johnson Healthcare	Reduced	27,271	-67	$5,056,588	+21.1%	0.55%
NFG	National Fuel Gas Co Energy	Held	46,143	0	$4,262,228	+9.0%	0.46%
GLW	Corning Inc /Ny Technology	Reduced	39,507	-831	$3,240,759	+52.8%	0.35%
EPD	Enterprise Products Partners L.P. Energy	Added	96,916	+12	$3,030,563	+0.9%	0.33%
ORCL	Oracle Corp Technology	Reduced	10,609	-688	$2,983,675	+20.8%	0.32%
MRK	Merck & Co., Inc. Healthcare	Added	35,005	+108	$2,937,969	+6.4%	0.32%
BNY	Bank of New York Mellon Corp Financial Services	Added	25,180	+217	$2,743,612	+20.6%	0.30%
ABBV	AbbVie Inc. Healthcare	Held	10,598	0	$2,453,860	+24.7%	0.27%
META	Meta Platforms, Inc. Communication Services	Reduced	3,299	-40	$2,422,719	−1.7%	0.26%
ET	Energy Transfer LP Energy	Held	135,393	0	$2,323,343	−5.4%	0.25%
PSX	Phillips 66 Energy	Added	16,926	+75	$2,302,274	+14.5%	0.25%
MA	Mastercard Inc Financial Services	Added	3,940	+109	$2,241,111	+4.1%	0.24%
BAC	Bank Of America Corp /De/ Financial Services	Added	41,518	+402	$2,141,913	+10.1%	0.23%
WPM	Wheaton Precious Metals Corp. Basic Materials	Added	18,174	+219	$2,032,580	+26.1%	0.22%
NEE	Nextera Energy Inc Utilities	Reduced	26,847	-202	$2,026,680	+7.9%	0.22%