# EDGAR Filing Document

**Accession Number:** 0001874374
**File Stem:** 0001085146-23-001132
**Filing Date:** 2023-2
**Character Count:** 16123
**Document Hash:** aab54fd57b8a733627ed721b980ce76b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-001132.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001085146-23-001132

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lindenwold Advisors, INC
- **CENTRAL INDEX KEY:** 0001874374
- **IRS NUMBER:** 844160775
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21997
- **FILM NUMBER:** 23619118

**BUSINESS ADDRESS:**
- **STREET 1:** 505 PENN STREET
- **STREET 2:** SUITE 200
- **CITY:** READING
- **STATE:** PA
- **ZIP:** 19601
- **BUSINESS PHONE:** 6103962448

**MAIL ADDRESS:**
- **STREET 1:** 505 PENN STREET
- **STREET 2:** SUITE 200
- **CITY:** READING
- **STATE:** PA
- **ZIP:** 19601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Lindenwold Advisors
- **DATE OF NAME CHANGE:** 20210722

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Lindenwold Advisors INC<br>**Address:** 505 PENN STREET<br>SUITE 200<br>READING, PA 19601

**Form 13F File Number:** 028-21997

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** James D. King<br>**Title:** President and Chief Compliance Officer<br>**Phone:** 601-396-2452

**Signature, Place, and Date of Signing:**

/s/James D. King  Reading, PA  02-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 114

**Form 13F Information Table Value Total:** $149242029

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                           | Form 13F File Number   |
|:---|:---|:---|
|  | Conestoga Capital Advisors LLC | 028-10029              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 | BBG001S5T7X2 | 1233017 | 10282 | SH |  | SOLE |  | 10192 | 0 | 90 |
| AAON INC | COM PAR $0.004 | 000360206 | BBG001S6CZK0 | 352046 | 4674 | SH |  | SOLE |  | 4674 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 2959241 | 18311 | SH |  | SOLE |  | 18154 | 0 | 157 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 2626773 | 9844 | SH |  | SOLE |  | 9756 | 0 | 88 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 1505635 | 4474 | SH |  | SOLE |  | 4433 | 0 | 41 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 2922707 | 33126 | SH |  | SOLE |  | 32876 | 0 | 250 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 1730568 | 20602 | SH |  | SOLE |  | 20372 | 0 | 230 |
| AMERICAN CENTY ETF TR | DIVERSIFID CRP | 025072109 | BBG00JQ09CY6 | 1933905 | 42666 | SH |  | SOLE |  | 41306 | 0 | 1360 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 2019108 | 13247 | SH |  | SOLE |  | 13215 | 0 | 32 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 6324603 | 48677 | SH |  | SOLE |  | 48214 | 0 | 463 |
| ARROW ELECTRS INC | COM | 042735100 | BBG001S5NVP4 | 567920 | 5431 | SH |  | SOLE |  | 5386 | 0 | 45 |
| ASGN INC | COM | 00191U102 | BBG001S71HP5 | 407237 | 4998 | SH |  | SOLE |  | 4953 | 0 | 45 |
| AVERY DENNISON CORP | COM | 053611109 | BBG001S5NZM8 | 2149375 | 11875 | SH |  | SOLE |  | 11767 | 0 | 108 |
| AXON ENTERPRISE INC | COM | 05464C101 | BBG001SB2HG5 | 257855 | 1554 | SH |  | SOLE |  | 1554 | 0 | 0 |
| BALCHEM CORP | COM | 057665200 | BBG001S5P2R4 | 206122 | 1688 | SH |  | SOLE |  | 1688 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 | BBG001S67826 | 1503676 | 5430 | SH |  | SOLE |  | 5391 | 0 | 39 |
| BLACKROCK INC | COM | 09247X101 | BBG001SDBP55 | 2253443 | 3180 | SH |  | SOLE |  | 3152 | 0 | 28 |
| BROWN  BROWN INC | COM | 115236101 | BBG001S5XFN0 | 987518 | 17334 | SH |  | SOLE |  | 17169 | 0 | 165 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 | BBG001S65YK1 | 3593356 | 22369 | SH |  | SOLE |  | 22173 | 0 | 196 |
| CARTERS INC | COM | 146229109 | BBG001SCJ3Q5 | 415354 | 5567 | SH |  | SOLE |  | 5517 | 0 | 50 |
| CASELLA WASTE SYS INC | CL A | 147448104 | BBG001SB5S05 | 370060 | 4666 | SH |  | SOLE |  | 4666 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 2691273 | 14994 | SH |  | SOLE |  | 14870 | 0 | 124 |
| CIRRUS LOGIC INC | COM | 172755100 | BBG001S67J86 | 447029 | 6002 | SH |  | SOLE |  | 5952 | 0 | 50 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 1817133 | 38143 | SH |  | SOLE |  | 37805 | 0 | 338 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 1177020 | 33658 | SH |  | SOLE |  | 33364 | 0 | 294 |
| COMMERCE BANCSHARES INC | COM | 200525103 | BBG001S5PK21 | 926909 | 13617 | SH |  | SOLE |  | 13497 | 0 | 120 |
| COMMVAULT SYS INC | COM | 204166102 | BBG001S7R751 | 538413 | 8568 | SH |  | SOLE |  | 8498 | 0 | 70 |
| CONSTRUCTION PARTNERS INC | COM CL A | 21044C107 | BBG00KK0CFZ7 | 222835 | 8349 | SH |  | SOLE |  | 8349 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 | BBG001S5QBK0 | 602500 | 3608 | SH |  | SOLE |  | 3573 | 0 | 35 |
| DECKERS OUTDOOR CORP | COM | 243537107 | BBG001S7GXB9 | 564811 | 1415 | SH |  | SOLE |  | 1400 | 0 | 15 |
| DESCARTES SYS GROUP INC | COM | 249906108 | BBG001SBJY34 | 344707 | 4944 | SH |  | SOLE |  | 4944 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 | BBG001S63VG4 | 1174349 | 19092 | SH |  | SOLE |  | 18898 | 0 | 194 |
| EAST WEST BANCORP INC | COM | 27579R104 | BBG001SCC7R2 | 602853 | 9148 | SH |  | SOLE |  | 9063 | 0 | 85 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 255201 | 1626 | SH |  | SOLE |  | 1626 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 | BBG001S5T5C9 | 1691704 | 13846 | SH |  | SOLE |  | 13729 | 0 | 117 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 1411379 | 10897 | SH |  | SOLE |  | 10800 | 0 | 97 |
| EXPEDITORS INTL WASH INC | COM | 302130109 | BBG001S5QZZ1 | 1986639 | 19117 | SH |  | SOLE |  | 18962 | 0 | 155 |
| EXPONENT INC | COM | 30214U102 | BBG001S9CG99 | 372182 | 3756 | SH |  | SOLE |  | 3756 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 | BBG001S5XRL6 | 653972 | 1630 | SH |  | SOLE |  | 1615 | 0 | 15 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 | BBG0093LLBP5 | 245958 | 2007 | SH |  | SOLE |  | 2007 | 0 | 0 |
| FORTINET INC | COM | 34959E109 | BBG001S77BL6 | 1321008 | 27020 | SH |  | SOLE |  | 26755 | 0 | 265 |
| FOX FACTORY HLDG CORP | COM | 35138V102 | BBG004T7VS71 | 276701 | 3033 | SH |  | SOLE |  | 3033 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 | BBG001S5RKR2 | 3250026 | 38760 | SH |  | SOLE |  | 38417 | 0 | 343 |
| GENTEX CORP | COM | 371901109 | BBG001S5RMR8 | 446274 | 16365 | SH |  | SOLE |  | 16225 | 0 | 140 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 | BBG001S6HGM5 | 313339 | 6328 | SH |  | SOLE |  | 6268 | 0 | 60 |
| HILLMAN SOLUTIONS CORP | COM | 431636109 | BBG00YC6W7C4 | 90413 | 12540 | SH |  | SOLE |  | 12540 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 | BBG001S6HWB2 | 2599049 | 34742 | SH |  | SOLE |  | 34499 | 0 | 243 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 1966228 | 6225 | SH |  | SOLE |  | 6167 | 0 | 58 |
| HORMEL FOODS CORP | COM | 440452100 | BBG001S5S0D0 | 307554 | 6752 | SH |  | SOLE |  | 6692 | 0 | 60 |
| HUBBELL INC | COM | 443510607 | BBG001S5S1L9 | 742997 | 3166 | SH |  | SOLE |  | 3136 | 0 | 30 |
| ISHARES TR | MBS ETF | 464288588 | BBG001SSD8B1 | 2432462 | 26226 | SH |  | SOLE |  | 25437 | 0 | 789 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 | BBG001SZV978 | 1802809 | 17085 | SH |  | SOLE |  | 17085 | 0 | 0 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 | BBG001SLS4Q3 | 3787712 | 36326 | SH |  | SOLE |  | 36326 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 1455373 | 8239 | SH |  | SOLE |  | 8170 | 0 | 69 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 1862318 | 13888 | SH |  | SOLE |  | 13770 | 0 | 118 |
| KLA CORP | COM NEW | 482480100 | BBG001S5SLM4 | 1218184 | 3231 | SH |  | SOLE |  | 3203 | 0 | 28 |
| LAM RESEARCH CORP | COM | 512807108 | BBG001S5SW40 | 1569820 | 3735 | SH |  | SOLE |  | 3706 | 0 | 29 |
| LATTICE SEMICONDUCTOR CORP | COM | 518415104 | BBG001S6C0G2 | 350806 | 5407 | SH |  | SOLE |  | 5367 | 0 | 40 |
| MARSH  MCLENNAN COS INC | COM | 571748102 | BBG001S5T7M4 | 2894245 | 17490 | SH |  | SOLE |  | 17335 | 0 | 155 |
| MATADOR RES CO | COM | 576485205 | BBG001T3L5S4 | 392495 | 6857 | SH |  | SOLE |  | 6792 | 0 | 65 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 1433076 | 5438 | SH |  | SOLE |  | 5397 | 0 | 41 |
| MEDPACE HLDGS INC | COM | 58506Q109 | BBG0065B7K40 | 536972 | 2528 | SH |  | SOLE |  | 2503 | 0 | 25 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 1834935 | 16538 | SH |  | SOLE |  | 16400 | 0 | 138 |
| MERIT MED SYS INC | COM | 589889104 | BBG001S6KLT3 | 227820 | 3226 | SH |  | SOLE |  | 3226 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 806759 | 6704 | SH |  | SOLE |  | 6641 | 0 | 63 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 5804843 | 24205 | SH |  | SOLE |  | 23986 | 0 | 219 |
| MODEL N INC | COM | 607525102 | BBG001SQGHS4 | 292559 | 7213 | SH |  | SOLE |  | 7213 | 0 | 0 |
| NOVANTA INC | COM | 67000B104 | BBG001S6MRJ9 | 314403 | 2314 | SH |  | SOLE |  | 2314 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 | BBG001SQ7PD2 | 225021 | 2638 | SH |  | SOLE |  | 2618 | 0 | 20 |
| PACER FDS TR | PACER US SMALL | 69374H857 | BBG00GXXR1G6 | 3003587 | 83549 | SH |  | SOLE |  | 82567 | 0 | 982 |
| PDC ENERGY INC | COM | 69327R101 | BBG001S5V439 | 465118 | 7327 | SH |  | SOLE |  | 7267 | 0 | 60 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 2656196 | 14703 | SH |  | SOLE |  | 14573 | 0 | 130 |
| PERFICIENT INC | COM | 71375U101 | BBG001SCS189 | 361580 | 5178 | SH |  | SOLE |  | 5148 | 0 | 30 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 1099098 | 21450 | SH |  | SOLE |  | 21271 | 0 | 179 |
| PIMCO ETF TR | INV GRD CRP BD | 72201R817 | BBG001TCGQY7 | 1733706 | 18642 | SH |  | SOLE |  | 17995 | 0 | 647 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 | BBG001S5V215 | 279776 | 6360 | SH |  | SOLE |  | 6305 | 0 | 55 |
| PRESTIGE CONSMR HEALTHCARE I | COM | 74112D101 | BBG001SH44F0 | 777429 | 12419 | SH |  | SOLE |  | 12314 | 0 | 105 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 2725503 | 17983 | SH |  | SOLE |  | 17831 | 0 | 152 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 1869640 | 14414 | SH |  | SOLE |  | 14288 | 0 | 126 |
| PUBLIC STORAGE | COM | 74460D109 | BBG001S5TH79 | 1361723 | 4860 | SH |  | SOLE |  | 4818 | 0 | 42 |
| QUIDELORTHO CORP | COM | 219798105 | BBG017TGV7N1 | 261893 | 3057 | SH |  | SOLE |  | 3032 | 0 | 25 |
| RBC BEARINGS INC | COM | 75524B104 | BBG001SNYTV1 | 225051 | 1075 | SH |  | SOLE |  | 1075 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 | BBG004MB82S9 | 349915 | 6404 | SH |  | SOLE |  | 6349 | 0 | 55 |
| RPM INTL INC | COM | 749685103 | BBG001S7X317 | 798700 | 8196 | SH |  | SOLE |  | 8121 | 0 | 75 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 | BBG001T5XQY3 | 1807142 | 56105 | SH |  | SOLE |  | 56105 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 808524888 | BBG001T6L7C0 | 284174 | 9030 | SH |  | SOLE |  | 9030 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 | BBG001T9F795 | 769524 | 15952 | SH |  | SOLE |  | 15570 | 0 | 382 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 | BBG001T66WN0 | 220573 | 3970 | SH |  | SOLE |  | 3970 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 | BBG001T5XQV6 | 1144778 | 25355 | SH |  | SOLE |  | 25355 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 | BBG001S5VZJ3 | 315811 | 5417 | SH |  | SOLE |  | 5372 | 0 | 45 |
| SIMPSON MFG INC | COM | 829073105 | BBG001SB9QN0 | 204982 | 2312 | SH |  | SOLE |  | 2312 | 0 | 0 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 | BBG009T22D67 | 201673 | 1719 | SH |  | SOLE |  | 1719 | 0 | 0 |
| SNAP ON INC | COM | 833034101 | BBG001S5W688 | 1259437 | 5512 | SH |  | SOLE |  | 5469 | 0 | 43 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 554524 | 1450 | SH |  | SOLE |  | 1450 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 | BBG001V0MZS0 | 314539 | 9717 | SH |  | SOLE |  | 9642 | 0 | 75 |
| SPS COMM INC | COM | 78463M107 | BBG001T65R07 | 355880 | 2771 | SH |  | SOLE |  | 2771 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 | BBG001S98JK5 | 404673 | 4142 | SH |  | SOLE |  | 4102 | 0 | 40 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 1575502 | 10571 | SH |  | SOLE |  | 10476 | 0 | 95 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 543717 | 4414 | SH |  | SOLE |  | 4365 | 0 | 49 |
| TETRA TECH INC NEW | COM | 88162G103 | BBG001S5YYH5 | 417857 | 2878 | SH |  | SOLE |  | 2853 | 0 | 25 |
| THOR INDS INC | COM | 885160101 | BBG001S5WPH6 | 297280 | 3938 | SH |  | SOLE |  | 3903 | 0 | 35 |
| TORO CO | COM | 891092108 | BBG001S5WX98 | 631769 | 5581 | SH |  | SOLE |  | 5531 | 0 | 50 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG001S5YYC0 | 569373 | 13232 | SH |  | SOLE |  | 13232 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 | BBG001S5X0W3 | 337967 | 9117 | SH |  | SOLE |  | 9042 | 0 | 75 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 3112055 | 15029 | SH |  | SOLE |  | 14904 | 0 | 125 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 5350046 | 10091 | SH |  | SOLE |  | 10004 | 0 | 87 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 1360196 | 31190 | SH |  | SOLE |  | 30910 | 0 | 280 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 11240359 | 217331 | SH |  | SOLE |  | 214536 | 0 | 2795 |
| VICTORY PORTFOLIOS II | VICTORYSHS US | 92647N691 | BBG00H0GHQ37 | 203339 | 5329 | SH |  | SOLE |  | 4128 | 0 | 1201 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 1147257 | 5520 | SH |  | SOLE |  | 5506 | 0 | 14 |
| WATSCO INC | COM | 942622200 | BBG001S82CQ2 | 791346 | 3173 | SH |  | SOLE |  | 3143 | 0 | 30 |
| WILLIAMS SONOMA INC | COM | 969904101 | BBG001SBW7S1 | 553225 | 4814 | SH |  | SOLE |  | 4774 | 0 | 40 |
| WORTHINGTON INDS INC | COM | 981811102 | BBG001S6XN51 | 224888 | 4524 | SH |  | SOLE |  | 4489 | 0 | 35 |
| ZIFF DAVIS INC | COM | 48123V102 | BBG001SD21P6 | 476641 | 6022 | SH |  | SOLE |  | 5977 | 0 | 45 |

---