COBBLESTONE CAPITAL ADVISORS LLC /NY/

CIK

1033505

Location

ROCHESTER, NY

Portfolio Value

Mid $2,032,281,039

Diversification

Diversified

Filing Date

Global Rank

#1,425 / 8,113 ▼ 12 · as of Sep 2025

Top Industry

Consumer Electronics 8.9%

Period ended 1 year ago

Filed Nov 12, 2025 · 12mo

23 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.

Style

Concentrated

The top 10 positions are 60.1% of the book (60%+)

Turnover

Low turnover

12.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 20.5 quarters (12+), a floor since 74.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 64.3%; sector active share 39.6% against the combined 13F book's sector weights.

Over time 23 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

303 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

29.3%

−0.0 pts

Top 5

45.1%

+1.1 pts

Top 10

60.1%

+1.2 pts

HHI

1,006

Diversified+5

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Unclassified	51.9%	$1,053,963,072	102
Technology	13.7%	$277,981,657	32
Financial Services	12.4%	$251,103,420	45
Consumer Cyclical	5.2%	$106,595,551	16
Industrials	4.4%	$89,532,095	30
Communication Services	4.2%	$84,690,006	9
Consumer Defensive	2.9%	$58,326,189	14
Healthcare	2.4%	$48,029,926	21
Real Estate	1.2%	$25,259,521	3
Energy	1.2%	$24,914,714	14
Utilities	0.3%	$6,763,424	10
Basic Materials	0.3%	$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
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+57,875	164,857	$9,896,365
VMBS	VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND	+43,310	77,720	$3,649,731
BNL	Broadstone Net Lease, Inc.	+38,473	744,528	$13,304,715
AGG	iShares Core U.S. Aggregate Bond ETF	+26,533	84,352	$8,456,288
ITOT	iShares Core S&P Total U.S. Stock Market ETF	+23,411	1,227,179	$178,738,621
IXUS	iShares Core MSCI Total International Stock ETF	+17,410	2,229,835	$184,139,774
JVAL	JPMorgan U.S. Value Factor ETF	+16,604	1,206,529	$57,310,127
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	+10,344	2,762,854	$86,698,358
IEMG	iShares Trust	+7,083	724,616	$0
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	+6,190	50,485	$2,677,219
IWM	iShares Russell 2000 ETF	+6,002	32,691	$7,909,914
DMBS	DoubleLine Mortgage ETF	+3,946	954,379	$47,413,548
SPMB	State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF	+3,495	93,645	$2,101,393
—		+2,685	178,407	$5,230,893
MBB	iShares MBS ETF	+2,298	27,616	$2,627,662
—		+2,013	5,147	$0
PCOR	Procore Technologies, Inc.	+1,690	235,111	$17,144,294
QVMS	Invesco Ltd.	+1,618	105,588	$2,953,718
—		+1,591	233,545	$48,890,310
—		+1,433	19,480	$136,750
SCHR	Schwab Intermediate-Term U.S. Treasury ETF	+1,296	144,533	$3,632,114
SBUX	Starbucks Corp	+1,151	5,022	$424,861
BBDC	Barings BDC, Inc.	+1,149	15,464	$135,464
USFR	WisdomTree Floating Rate Treasury Fund	+1,023	50,589	$2,543,109
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	+886	67,765	$5,039,683
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GOVT	iShares U.S. Treasury Bond ETF	−104,854	4,937,659	$114,158,676
SCHO	Schwab Short-Term U.S. Treasury ETF	−8,245	91,230	$2,226,012
CWI	Spdr Index Shares Funds	−8,057	456,230	$15,931,551
SCHX	Schwab U.S. Large-Cap ETF	−8,016	498,111	$13,120,243
DEO	Diageo PLC	−7,100	120,288	$11,479,083
JPST	JPMorgan Ultra-Short Income ETF	−6,191	210,276	$10,667,301
FNDX	Schwab Fundamental U.S. Large Company ETF	−6,048	410,994	$10,809,142
WFC	Wells Fargo & Company	−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
SCHB	Schwab U.S. Broad Market ETF	−3,994	817,820	$21,026,152
JKHY	Jack Henry & Associates Inc	−3,370	121,097	$18,034,976
BN	BROOKFIELD Corp	−3,058	332,728	$22,818,486
GOOG	Alphabet Inc.	−2,658	248,763	$60,586,228
PFE	Pfizer Inc	−2,505	41,148	$1,048,451
SCHE	Schwab Emerging Markets Equity ETF	−2,431	95,921	$3,200,883
CPRT	Copart Inc	−2,384	406,844	$18,295,774
NVDA	Nvidia Corp	−1,958	313,274	$58,450,662
TOTL	State Street(R) DoubleLine(R) Total Return Tactical ETF	−1,757	29,568	$1,199,573
WEN	Wendy's Co	−1,050	20,842	$190,912
MSFT	Microsoft Corp	−974	125,801	$65,158,627
VXUS	Vanguard Total International Stock ETF	−944	16,153	$1,186,599
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−906	93,337	$30,630,403
PAYX	Paychex Inc	−876	49,767	$6,308,464
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
TFC	Truist Financial Corp	27,772	$1,269,735
JMUB	JPMorgan Municipal ETF	12,130	$612,201
BE	Bloom Energy Corp	4,433	$374,898
NEM	NEWMONT Corp	3,918	$330,326
IONQ	IonQ, Inc.	4,097	$251,965
NYF	iShares New York Muni Bond ETF	4,250	$226,737
SYY	Sysco Corp	2,500	$205,850
IWS	iShares Russell Mid-Cap Value ETF	1,468	$205,035
VFQY	VANGUARD U.S. QUALITY FACTOR ETF	1,330	$200,593
TRP	Tc Energy Corp	3,685	$200,500
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
IYY	iShares Dow Jones U.S. ETF	2,711	$409,008
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	1,819	$246,892
NVO	Novo Nordisk A S	3,556	$245,435
FISV	Fiserv Inc	1,315	$226,719
SCHZ	Schwab U.S. Aggregate Bond ETF	9,724	$225,985
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

303 tracked positions · $2,032,281,039 total · filing declares 304 positions · $2,082,483,307 · 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 303 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IXUS	iShares Core MSCI Total International Stock ETF	Added	2,229,835	+17,410	$184,139,774	+7.7%	23+	before history	9.06%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Added	1,227,179	+23,411	$178,738,621	+10.0%	23+	before history	8.79%
GOVT	iShares U.S. Treasury Bond ETF	Reduced	4,937,659	-104,854	$114,158,676	−1.5%	23+	before history	5.62%
AAPL	Apple Inc. Technology	Reduced	340,764	-4,868	$86,768,737	+22.4%	23+	before history	4.27%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Added	2,762,854	+10,344	$86,698,358	+7.2%	16	$24.50	4.27%
MSFT	Microsoft Corp Technology	Reduced	125,801	-974	$65,158,627	+3.3%	23+	before history	3.21%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	291,136	-4,614	$63,924,731	−1.5%	23+	before history	3.15%
GOOG	Alphabet Inc. Communication Services	Reduced	248,763	-2,658	$60,586,228	+35.8%	23+	before history	2.98%
NVDA	Nvidia Corp Technology	Reduced	313,274	-1,958	$58,450,662	+17.4%	22	$20.01	2.88%
JVAL	JPMorgan U.S. Value Factor ETF	Added	1,206,529	+16,604	$57,310,127	+8.9%	19	unpriced	2.82%
		Added	233,545	+1,591	$48,890,310	+9.4%	23+	before history	2.41%
DMBS	DoubleLine Mortgage ETF	Added	954,379	+3,946	$47,413,548	+1.7%	5	$49.55	2.33%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	93,729	+382	$47,121,317	+3.9%	23+	before history	2.32%
IEF	iShares 7-10 Year Treasury Bond ETF	Added	464,647	+710	$44,819,849	+0.9%	3	unpriced	2.21%
MKL	Markel Group Inc. Financial Services	Reduced	19,997	-3	$38,221,465	−4.3%	23+	before history	1.88%
V	Visa Inc. Financial Services	Reduced	105,182	-20	$35,907,031	−3.9%	23+	before history	1.77%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	93,337	-906	$30,630,403	+6.9%	23+	before history	1.51%
MCO	Moodys Corp Financial Services	Reduced	58,905	-31	$28,067,054	−5.1%	23+	before history	1.38%
MTUM	iShares MSCI USA Momentum Factor ETF	Reduced	93,509	-588	$23,980,383	+6.0%	23+	before history	1.18%
SPY	Spdr S&P 500 ETF Trust	Reduced	34,642	-110	$23,077,807	+7.5%	23+	before history	1.14%
BN	BROOKFIELD Corp Financial Services	Reduced	332,728	-3,058	$22,818,486	+9.9%	12	unpriced	1.12%
AXP	American Express Co Financial Services	Reduced	67,740	-316	$22,500,518	+3.6%	23+	before history	1.11%
SCHB	Schwab U.S. Broad Market ETF	Reduced	817,820	-3,994	$21,026,152	+7.4%	23+	before history	1.03%
RSG	Republic Services, Inc. Industrials	Added	87,956	+318	$20,184,142	−6.6%	14	$199.62	0.99%
CPRT	Copart Inc Industrials	Reduced	406,844	-2,384	$18,295,774	−8.9%	12	unpriced	0.90%
CNI	Canadian National Railway Co Industrials	Added	192,355	+513	$18,139,076	−9.1%	23+	before history	0.89%
JKHY	Jack Henry & Associates Inc Technology	Reduced	121,097	-3,370	$18,034,976	−19.6%	23+	before history	0.89%
GOOGL	Alphabet Inc. Communication Services	Reduced	72,359	-589	$17,590,472	+36.8%	23+	before history	0.87%
PCOR	Procore Technologies, Inc. Technology	Added	235,111	+1,690	$17,144,294	+7.3%	3	$71.71	0.84%
PEP	Pepsico Inc Consumer Defensive	Reduced	115,641	-364	$16,240,622	+6.0%	23+	before history	0.80%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	150,322	+663	$16,206,214	+20.1%	23+	before history	0.80%
CWI	Spdr Index Shares Funds	Reduced	456,230	-8,057	$15,931,551	+5.1%	23+	before history	0.78%
IDXX	Idexx Laboratories Inc Healthcare	Reduced	24,765	-58	$15,822,110	+18.8%	23+	before history	0.78%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	16,294	-73	$15,082,215	−6.9%	23+	before history	0.74%
TJX	Tjx Companies Inc Consumer Cyclical	Added	100,538	+64	$14,531,762	+17.1%	23+	before history	0.72%
VOO	VANGUARD 500 INDEX FUND	Reduced	22,478	-616	$13,765,077	+4.9%	23+	before history	0.68%
BRK-A	Berkshire Hathaway Inc Financial Services	Held	18	0	$13,575,600	+3.5%	3	$729,330.80	0.67%
BNL	Broadstone Net Lease, Inc. Real Estate	Added	744,528	+38,473	$13,304,715	+17.4%	21	unpriced	0.65%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	498,111	-8,016	$13,120,243	+6.1%	23+	before history	0.65%
AMT	American Tower Corp Real Estate	Reduced	60,589	-242	$11,652,476	−13.3%	23+	before history	0.57%
DEO	Diageo PLC Consumer Defensive	Reduced	120,288	-7,100	$11,479,083	−10.6%	23+	before history	0.56%
FNDX	Schwab Fundamental U.S. Large Company ETF	Reduced	410,994	-6,048	$10,809,142	+5.6%	23+	before history	0.53%
JPST	JPMorgan Ultra-Short Income ETF	Reduced	210,276	-6,191	$10,667,301	−2.8%	23+	before history	0.52%
GHM	Graham Corp Industrials	Held	187,289	0	$10,282,166	+10.9%	23+	before history	0.51%
WFC	Wells Fargo & Company Financial Services	Reduced	120,159	-5,805	$10,071,727	−0.2%	23+	before history	0.50%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Added	164,857	+57,875	$9,896,365	+54.7%	12	$59.08	0.49%
CVS	CVS HEALTH Corp Healthcare	Added	129,937	+549	$9,795,950	+9.8%	20	$69.98	0.48%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	84,352	+26,533	$8,456,288	+47.4%	23+	before history	0.42%
IWM	iShares Russell 2000 ETF	Added	32,691	+6,002	$7,909,914	+37.3%	23+	before history	0.39%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	51,407	-248	$7,898,685	−4.0%	23+	before history	0.39%

Showing the top 50 of 303 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.