# EDGAR Filing Document

**Accession Number:** 0001033505
**File Stem:** 0001033505-23-000001
**Filing Date:** 2023-2
**Character Count:** 30652
**Document Hash:** a110e2d575365a4926e4b61d60baa7e6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001033505-23-000001.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001033505-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COBBLESTONE CAPITAL ADVISORS LLC /NY/
- **CENTRAL INDEX KEY:** 0001033505
- **IRS NUMBER:** 161543732
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06026
- **FILM NUMBER:** 23601859

**BUSINESS ADDRESS:**
- **STREET 1:** 500 LINDEN OAKS,  STE 210
- **CITY:** ROCHESTER
- **STATE:** NY
- **ZIP:** 14625
- **BUSINESS PHONE:** 5854733333

**MAIL ADDRESS:**
- **STREET 1:** 500 LINDEN OAKS,  STE 210
- **CITY:** ROCHESTER
- **STATE:** NY
- **ZIP:** 14625

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HESSLER KEOGH & MILLARD ASSOCIATES INC/NY
- **DATE OF NAME CHANGE:** 19980601

### 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:** COBBLESTONE CAPITAL ADVISORS LLC /NY/<br>**Address:** 500 LINDEN OAKS  STE 210<br>ROCHESTER, NY 14625

**Form 13F File Number:** 028-06026

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:** Jason S. Garlock<br>**Title:** Chief Compliance Officer<br>**Phone:** 585-473-3333

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

Jason S. Garlock  Rochester, NY  02-09-2023<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:** 0

**Form 13F Information Table Entry Total:** 273

**Form 13F Information Table Value Total:** $1309617998

      (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.]

**NONE**

### 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 |  | 461212 | 3846 | SH |  | SOLE |  | 3846 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 1499402 | 13657 | SH |  | SOLE |  | 13657 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 2977987 | 18427 | SH |  | SOLE |  | 18427 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 553426 | 2074 | SH |  | SOLE |  | 2074 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 10833574 | 32192 | SH |  | SOLE |  | 29975 | 0 | 2217 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 239315 | 3695 | SH |  | SOLE |  | 3695 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 736162 | 10233 | SH |  | SOLE |  | 10043 | 0 | 190 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 8548366 | 96887 | SH |  | SOLE |  | 94643 | 0 | 2244 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 27887740 | 314299 | SH |  | SOLE |  | 297429 | 0 | 16870 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 509072 | 11137 | SH |  | SOLE |  | 11137 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 21707923 | 258428 | SH |  | SOLE |  | 245408 | 0 | 13020 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 466204 | 4910 | SH |  | SOLE |  | 4910 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 15282636 | 103436 | SH |  | SOLE |  | 98691 | 0 | 4745 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 12709505 | 59990 | SH |  | SOLE |  | 55695 | 0 | 4295 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 214455 | 1407 | SH |  | SOLE |  | 1407 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 420487 | 1601 | SH |  | SOLE |  | 1601 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 405974 | 2475 | SH |  | SOLE |  | 2475 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 205596 | 685 | SH |  | SOLE |  | 685 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 46136667 | 355089 | SH |  | SOLE |  | 345419 | 0 | 9670 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 228825 | 3375 | SH |  | SOLE |  | 3375 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 360965 | 19607 | SH |  | SOLE |  | 19607 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 768174 | 3216 | SH |  | SOLE |  | 3216 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 2619182 | 79082 | SH |  | SOLE |  | 71897 | 0 | 7185 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 2114859 | 46460 | SH |  | SOLE |  | 46460 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 465464 | 6414 | SH |  | SOLE |  | 6414 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 23811248 | 77084 | SH |  | SOLE |  | 73252 | 0 | 3832 |
| BLACKROCK INC | COM | 09247X101 |  | 951690 | 1343 | SH |  | SOLE |  | 1343 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 1356709 | 7122 | SH |  | SOLE |  | 7122 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1528138 | 21239 | SH |  | SOLE |  | 21172 | 0 | 67 |
| BROADSTONE NET LEASE INC | COM | 11135E203 |  | 22896072 | 1412466 | SH |  | SOLE |  | 1412466 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 2925802 | 102051 | SH |  | SOLE |  | 96345 | 0 | 5706 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 12766394 | 405798 | SH |  | SOLE |  | 382945 | 0 | 22853 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 22870769 | 192385 | SH |  | SOLE |  | 181705 | 0 | 10680 |
| CANOPY GROWTH CORP | COM | 138035100 |  | 30545 | 13223 | SH |  | SOLE |  | 13223 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 219080 | 2850 | SH |  | SOLE |  | 2850 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 305332 | 7402 | SH |  | SOLE |  | 7402 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 1383699 | 5776 | SH |  | SOLE |  | 5176 | 0 | 600 |
| CHEVRON CORP NEW | COM | 166764100 |  | 5418468 | 30188 | SH |  | SOLE |  | 30037 | 0 | 151 |
| CIGNA CORP NEW | COM | 125523100 |  | 234589 | 708 | SH |  | SOLE |  | 708 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 375771 | 3670 | SH |  | SOLE |  | 3670 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 1451458 | 30467 | SH |  | SOLE |  | 30467 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2020702 | 31767 | SH |  | SOLE |  | 31658 | 0 | 109 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 336748 | 4274 | SH |  | SOLE |  | 4274 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1442408 | 41247 | SH |  | SOLE |  | 41141 | 0 | 106 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 518374 | 4393 | SH |  | SOLE |  | 4393 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 754569 | 7917 | SH |  | SOLE |  | 7917 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 2199050 | 9489 | SH |  | SOLE |  | 9489 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 7754281 | 127349 | SH |  | SOLE |  | 119231 | 0 | 8118 |
| COSTAR GROUP INC | COM | 22160N109 |  | 12113640 | 156750 | SH |  | SOLE |  | 147245 | 0 | 9505 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1170922 | 2565 | SH |  | SOLE |  | 2485 | 0 | 80 |
| CRESCENT CAP BDC INC | COM | 225655109 |  | 654937 | 51247 | SH |  | SOLE |  | 51247 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 765540 | 9312 | SH |  | SOLE |  | 9312 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 640914 | 20688 | SH |  | SOLE |  | 20688 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 491950 | 5279 | SH |  | SOLE |  | 5228 | 0 | 51 |
| DANAHER CORPORATION | COM | 235851102 |  | 274444 | 1034 | SH |  | SOLE |  | 1034 | 0 | 0 |
| DBX ETF TR | XTRACKERS S MD | 233051127 |  | 266839 | 10860 | SH |  | SOLE |  | 10860 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 796207 | 1857 | SH |  | SOLE |  | 1857 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 11346555 | 63677 | SH |  | SOLE |  | 59525 | 0 | 4152 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 1064085 | 8846 | SH |  | SOLE |  | 8796 | 0 | 50 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 231119 | 9230 | SH |  | SOLE |  | 9230 | 0 | 0 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 49764172 | 2303897 | SH |  | SOLE |  | 2269259 | 0 | 34638 |
| DISNEY WALT CO | COM | 254687106 |  | 9799725 | 112796 | SH |  | SOLE |  | 106260 | 0 | 6536 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 400574 | 6533 | SH |  | SOLE |  | 6458 | 0 | 75 |
| DOW INC | COM | 260557103 |  | 356502 | 7075 | SH |  | SOLE |  | 6973 | 0 | 102 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 251217 | 2439 | SH |  | SOLE |  | 2395 | 0 | 44 |
| EASTMAN CHEM CO | COM | 277432100 |  | 212151 | 2605 | SH |  | SOLE |  | 2605 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 854907 | 5447 | SH |  | SOLE |  | 5406 | 0 | 41 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 |  | 95900 | 12702 | SH |  | SOLE |  | 12702 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1868144 | 19448 | SH |  | SOLE |  | 19448 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 881783 | 22552 | SH |  | SOLE |  | 22482 | 0 | 70 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1522612 | 128274 | SH |  | SOLE |  | 128274 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 2333118 | 96730 | SH |  | SOLE |  | 96730 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 15334 | 10361 | SH |  | SOLE |  | 10361 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 5300855 | 48059 | SH |  | SOLE |  | 48036 | 0 | 23 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 449232 | 18336 | SH |  | SOLE |  | 0 | 0 | 18336 |
| FLORA GROWTH CORP | COM | 339764102 |  | 10136 | 44533 | SH |  | SOLE |  | 44533 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 235704 | 950 | SH |  | SOLE |  | 950 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 595914 | 7112 | SH |  | SOLE |  | 7112 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 565988 | 6750 | SH |  | SOLE |  | 6750 | 0 | 0 |
| GILAT SATELLITE NETWORKS LTD | SHS NEW | M51474118 |  | 76032 | 13109 | SH |  | SOLE |  | 13109 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 332366 | 3871 | SH |  | SOLE |  | 3871 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 503052 | 1465 | SH |  | SOLE |  | 1465 | 0 | 0 |
| GRAHAM CORP | COM | 384556106 |  | 1796564 | 186753 | SH |  | SOLE |  | 186753 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 340503 | 1419 | SH |  | SOLE |  | 1419 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 12918124 | 73582 | SH |  | SOLE |  | 69244 | 0 | 4338 |
| HOLLY ENERGY PARTNERS L P | COM UT LTD PTN | 435763107 |  | 181200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1176327 | 3724 | SH |  | SOLE |  | 3651 | 0 | 73 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1263057 | 5894 | SH |  | SOLE |  | 5894 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 231070 | 1012 | SH |  | SOLE |  | 1012 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 10548622 | 25857 | SH |  | SOLE |  | 23792 | 0 | 2065 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 621907 | 2823 | SH |  | SOLE |  | 2823 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 593935 | 22472 | SH |  | SOLE |  | 22257 | 0 | 215 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 959038 | 6807 | SH |  | SOLE |  | 6807 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 232447 | 876 | SH |  | SOLE |  | 876 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | FTSE RAFI EMNG | 46138E727 |  | 238029 | 13509 | SH |  | SOLE |  | 13509 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | FTSE RAFI 1000 | 46137V613 |  | 382134 | 2463 | SH |  | SOLE |  | 2463 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | FTSE RAFI 1500 | 46137V597 |  | 250446 | 1581 | SH |  | SOLE |  | 1581 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 447084 | 1679 | SH |  | SOLE |  | 1679 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 2467685 | 71341 | SH |  | SOLE |  | 71341 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 23674075 | 506940 | SH |  | SOLE |  | 499105 | 0 | 7835 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 |  | 220353 | 7328 | SH |  | SOLE |  | 7328 | 0 | 0 |
| ISHARES INC | MSCI GBL GOLD MN | 46434G855 |  | 1596595 | 71500 | SH |  | SOLE |  | 71500 | 0 | 0 |
| ISHARES S GSCI COMMODITY- | UNIT BEN INT | 46428R107 |  | 210708 | 9925 | SH |  | SOLE |  | 9925 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 224604 | 10200 | SH |  | SOLE |  | 10200 | 0 | 0 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 308842 | 7553 | SH |  | SOLE |  | 7553 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 1509493 | 15760 | SH |  | SOLE |  | 15760 | 0 | 0 |
| ISHARES TR | COHEN STEER REIT | 464287564 |  | 922683 | 16825 | SH |  | SOLE |  | 16825 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 634822 | 6090 | SH |  | SOLE |  | 6090 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 639145 | 10369 | SH |  | SOLE |  | 10369 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 115979687 | 2003796 | SH |  | SOLE |  | 1960581 | 0 | 43215 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 796302 | 3292 | SH |  | SOLE |  | 3292 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 491844 | 5197 | SH |  | SOLE |  | 5097 | 0 | 100 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 91171524 | 1075136 | SH |  | SOLE |  | 1047524 | 0 | 27612 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 255158 | 3130 | SH |  | SOLE |  | 3130 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 2296506 | 5977 | SH |  | SOLE |  | 5977 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 23939654 | 246826 | SH |  | SOLE |  | 244825 | 0 | 2001 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 262632 | 4650 | SH |  | SOLE |  | 4650 | 0 | 0 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 675084 | 10269 | SH |  | SOLE |  | 10269 | 0 | 0 |
| ISHARES TR | ESG AWRE USD ETF | 46435G193 |  | 515786 | 23132 | SH |  | SOLE |  | 23132 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 7337612 | 69597 | SH |  | SOLE |  | 69397 | 0 | 200 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 1613421 | 32385 | SH |  | SOLE |  | 32385 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 |  | 2805966 | 30253 | SH |  | SOLE |  | 29076 | 0 | 1177 |
| ISHARES TR | MSCI ACWI EX US | 464288240 |  | 2027460 | 44560 | SH |  | SOLE |  | 44560 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1353234 | 20616 | SH |  | SOLE |  | 20616 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 459424 | 12122 | SH |  | SOLE |  | 12122 | 0 | 0 |
| ISHARES TR | MSCI KLD400 SOC | 464288570 |  | 512581 | 7140 | SH |  | SOLE |  | 7140 | 0 | 0 |
| ISHARES TR | MSCI USA ESG SLC | 464288802 |  | 1807665 | 21959 | SH |  | SOLE |  | 21959 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 19305155 | 132291 | SH |  | SOLE |  | 129305 | 0 | 2986 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 1307928 | 6097 | SH |  | SOLE |  | 6097 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 1144998 | 8257 | SH |  | SOLE |  | 8257 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 5785265 | 33180 | SH |  | SOLE |  | 31835 | 0 | 1345 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 513081 | 2325 | SH |  | SOLE |  | 2325 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 470246 | 6885 | SH |  | SOLE |  | 6885 | 0 | 0 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 487771 | 4839 | SH |  | SOLE |  | 4839 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 297882 | 2470 | SH |  | SOLE |  | 2470 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 345824 | 3249 | SH |  | SOLE |  | 3249 | 0 | 0 |
| ISHARES TR | U.S. FIN SVC ETF | 464287770 |  | 979774 | 6220 | SH |  | SOLE |  | 6220 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 98989978 | 4356953 | SH |  | SOLE |  | 4218244 | 0 | 138709 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 1189837 | 24228 | SH |  | SOLE |  | 19888 | 0 | 4340 |
| J P MORGAN EXCHANGE TRADED F | DIV RTN EM EQT | 46641Q308 |  | 456721 | 9266 | SH |  | SOLE |  | 8021 | 0 | 1245 |
| J P MORGAN EXCHANGE TRADED F | DIV RTN INT EQ | 46641Q209 |  | 1351159 | 27418 | SH |  | SOLE |  | 24523 | 0 | 2895 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 |  | 13072902 | 260780 | SH |  | SOLE |  | 260780 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | US VALUE FACTR | 46641Q753 |  | 34216151 | 1032473 | SH |  | SOLE |  | 1004402 | 0 | 28071 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 7484818 | 42371 | SH |  | SOLE |  | 41423 | 0 | 948 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2907690 | 21683 | SH |  | SOLE |  | 20383 | 0 | 1300 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1086949 | 8007 | SH |  | SOLE |  | 8007 | 0 | 0 |
| KOPIN CORP | COM | 500600101 |  | 24031 | 19380 | SH |  | SOLE |  | 19380 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 489918 | 2353 | SH |  | SOLE |  | 2353 | 0 | 0 |
| LATTICE STRATEGIES TR | HARTFORD MLT ETF | 518416102 |  | 1309408 | 52820 | SH |  | SOLE |  | 49813 | 0 | 3007 |
| LILLY ELI  CO | COM | 532457108 |  | 932160 | 2548 | SH |  | SOLE |  | 2548 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 1075415 | 3297 | SH |  | SOLE |  | 3297 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 2193097 | 4508 | SH |  | SOLE |  | 4508 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 641752 | 3221 | SH |  | SOLE |  | 3221 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 388761 | 2680 | SH |  | SOLE |  | 2480 | 0 | 200 |
| MARATHON PETE CORP | COM | 56585A102 |  | 302498 | 2599 | SH |  | SOLE |  | 2599 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 24849179 | 18861 | SH |  | SOLE |  | 17711 | 0 | 1150 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1592336 | 4579 | SH |  | SOLE |  | 4579 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 2270263 | 8615 | SH |  | SOLE |  | 8615 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 570933 | 1522 | SH |  | SOLE |  | 1522 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 561760 | 7228 | SH |  | SOLE |  | 6900 | 0 | 328 |
| MERCK  CO INC | COM | 58933Y105 |  | 4516664 | 40709 | SH |  | SOLE |  | 39813 | 0 | 896 |
| META PLATFORMS INC | CL A | 30303M102 |  | 460902 | 3830 | SH |  | SOLE |  | 3830 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 315171 | 4355 | SH |  | SOLE |  | 4355 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 27315814 | 113901 | SH |  | SOLE |  | 109435 | 0 | 4466 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 211861 | 3179 | SH |  | SOLE |  | 3179 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 16790244 | 60262 | SH |  | SOLE |  | 56335 | 0 | 3927 |
| MORINGA ACQUISITION CORP | *W EXP 02/22/202 | G6S23K124 |  | 960 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 3069797 | 48496 | SH |  | SOLE |  | 48496 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2005982 | 23995 | SH |  | SOLE |  | 23995 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1224735 | 10467 | SH |  | SOLE |  | 10467 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 325274 | 1320 | SH |  | SOLE |  | 1320 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 279477 | 2065 | SH |  | SOLE |  | 2065 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 6448291 | 44124 | SH |  | SOLE |  | 41620 | 0 | 2504 |
| ORACLE CORP | COM | 68389X105 |  | 1066544 | 13048 | SH |  | SOLE |  | 12848 | 0 | 200 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1076138 | 1275 | SH |  | SOLE |  | 1275 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 240647 | 3073 | SH |  | SOLE |  | 3073 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 281402 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 7324655 | 63384 | SH |  | SOLE |  | 63384 | 0 | 0 |
| PAYLOCITY HLDG CORP | COM | 70438V106 |  | 385606 | 1985 | SH |  | SOLE |  | 1985 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 341286 | 4792 | SH |  | SOLE |  | 4192 | 0 | 600 |
| PEPSICO INC | COM | 713448108 |  | 20635308 | 114222 | SH |  | SOLE |  | 106920 | 0 | 7302 |
| PFIZER INC | COM | 717081103 |  | 3127746 | 61041 | SH |  | SOLE |  | 60912 | 0 | 129 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 393504 | 3888 | SH |  | SOLE |  | 3845 | 0 | 43 |
| PHILLIPS 66 | COM | 718546104 |  | 1718068 | 16507 | SH |  | SOLE |  | 16470 | 0 | 37 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 5928773 | 60099 | SH |  | SOLE |  | 60099 | 0 | 0 |
| PIONEER NAT RES CO | COM | 723787107 |  | 229075 | 1003 | SH |  | SOLE |  | 1003 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 388690 | 2461 | SH |  | SOLE |  | 2461 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 231362 | 1840 | SH |  | SOLE |  | 1840 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 423690 | 14500 | SH |  | SOLE |  | 14500 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 239932 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 6974129 | 46016 | SH |  | SOLE |  | 45449 | 0 | 567 |
| QUALCOMM INC | COM | 747525103 |  | 1042360 | 9481 | SH |  | SOLE |  | 9440 | 0 | 41 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 1233747 | 12225 | SH |  | SOLE |  | 12225 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 961026 | 86268 | SH |  | SOLE |  | 86268 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 220990 | 10250 | SH |  | SOLE |  | 10250 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 264301 | 2049 | SH |  | SOLE |  | 2049 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 342311 | 1329 | SH |  | SOLE |  | 1329 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 249476 | 890 | SH |  | SOLE |  | 890 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 2425323 | 102464 | SH |  | SOLE |  | 99975 | 0 | 2489 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 260192 | 8078 | SH |  | SOLE |  | 8078 | 0 | 0 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 |  | 1995193 | 40528 | SH |  | SOLE |  | 40528 | 0 | 0 |
| SCHWAB STRATEGIC TR | SCHWAB FDT US LG | 808524771 |  | 9659843 | 180761 | SH |  | SOLE |  | 179436 | 0 | 1325 |
| SCHWAB STRATEGIC TR | SCHWAB FDT US SC | 808524763 |  | 242946 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 2217786 | 45974 | SH |  | SOLE |  | 45974 | 0 | 0 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 2388456 | 52321 | SH |  | SOLE |  | 52296 | 0 | 25 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 17595185 | 392662 | SH |  | SOLE |  | 381298 | 0 | 11364 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 557378 | 7379 | SH |  | SOLE |  | 7379 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 10603984 | 234861 | SH |  | SOLE |  | 230723 | 0 | 4138 |
| SCHWAB STRATEGIC TR | US REIT ETF | 808524847 |  | 330438 | 17130 | SH |  | SOLE |  | 15880 | 0 | 1250 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 2121104 | 52360 | SH |  | SOLE |  | 52360 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 |  | 9842715 | 283570 | SH |  | SOLE |  | 266730 | 0 | 16840 |
| SIRIUS XM HOLDINGS INC | COM | 82968B103 |  | 925321 | 158445 | SH |  | SOLE |  | 158445 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 222795 | 1406 | SH |  | SOLE |  | 1406 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 650777 | 9113 | SH |  | SOLE |  | 9059 | 0 | 54 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 2184115 | 12875 | SH |  | SOLE |  | 12875 | 0 | 0 |
| SPDR INDEX SHS FDS | MSCI ACWI EXUS | 78463X848 |  | 14189657 | 589761 | SH |  | SOLE |  | 574330 | 0 | 15431 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 14245281 | 37249 | SH |  | SOLE |  | 37246 | 0 | 3 |
| SPDR SER TR | S BK ETF | 78464A797 |  | 547097 | 12117 | SH |  | SOLE |  | 12117 | 0 | 0 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 |  | 455299 | 25393 | SH |  | SOLE |  | 25393 | 0 | 0 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 354065 | 25111 | SH |  | SOLE |  | 25111 | 0 | 0 |
| SSGA ACTIVE ETF TR | SPDR TR TACTIC | 78467V848 |  | 913753 | 22821 | SH |  | SOLE |  | 20691 | 0 | 2130 |
| STARBUCKS CORP | COM | 855244109 |  | 698379 | 7040 | SH |  | SOLE |  | 7015 | 0 | 25 |
| STATE STR CORP | COM | 857477103 |  | 335878 | 4330 | SH |  | SOLE |  | 4330 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 1142991 | 4675 | SH |  | SOLE |  | 4675 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 255343 | 3340 | SH |  | SOLE |  | 3340 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 618473 | 29187 | SH |  | SOLE |  | 29187 | 0 | 0 |
| TELUS CORPORATION | COM | 87971M103 |  | 260009 | 13465 | SH |  | SOLE |  | 13183 | 0 | 282 |
| TESLA INC | COM | 88160R101 |  | 256830 | 2085 | SH |  | SOLE |  | 2031 | 0 | 54 |
| TEXAS INSTRS INC | COM | 882508104 |  | 221725 | 1342 | SH |  | SOLE |  | 1342 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 362905 | 659 | SH |  | SOLE |  | 659 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 14140774 | 177648 | SH |  | SOLE |  | 167839 | 0 | 9809 |
| TOMPKINS FINL CORP | COM | 890110109 |  | 604891 | 7797 | SH |  | SOLE |  | 7797 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 1076959 | 16630 | SH |  | SOLE |  | 16630 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 239528 | 1425 | SH |  | SOLE |  | 1425 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 321170 | 1713 | SH |  | SOLE |  | 1713 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 465486 | 10818 | SH |  | SOLE |  | 10719 | 0 | 99 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 229143 | 4551 | SH |  | SOLE |  | 4551 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 296117 | 1430 | SH |  | SOLE |  | 1422 | 0 | 8 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 487621 | 2805 | SH |  | SOLE |  | 2805 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2119129 | 3997 | SH |  | SOLE |  | 3997 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 232558 | 5668 | SH |  | SOLE |  | 5668 | 0 | 0 |
| UR-ENERGY INC | COM | 91688R108 |  | 21908 | 19050 | SH |  | SOLE |  | 19050 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 8304856 | 115602 | SH |  | SOLE |  | 115596 | 0 | 6 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 29017687 | 218408 | SH |  | SOLE |  | 213980 | 0 | 4428 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 481315 | 2763 | SH |  | SOLE |  | 2763 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 279220 | 1370 | SH |  | SOLE |  | 1370 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 476314 | 5775 | SH |  | SOLE |  | 5775 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 2483977 | 7070 | SH |  | SOLE |  | 7041 | 0 | 29 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 590815 | 3219 | SH |  | SOLE |  | 3219 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 17408143 | 91052 | SH |  | SOLE |  | 89757 | 0 | 1295 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 1289720 | 9188 | SH |  | SOLE |  | 9188 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 2030269 | 40492 | SH |  | SOLE |  | 37437 | 0 | 3055 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1177987 | 30220 | SH |  | SOLE |  | 28415 | 0 | 1805 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 1279232 | 14842 | SH |  | SOLE |  | 14842 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 21148766 | 361641 | SH |  | SOLE |  | 360626 | 0 | 1015 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 451558 | 9920 | SH |  | SOLE |  | 9920 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 1059950 | 20494 | SH |  | SOLE |  | 20419 | 0 | 75 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 876627 | 20887 | SH |  | SOLE |  | 20887 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 755615 | 19178 | SH |  | SOLE |  | 19095 | 0 | 83 |
| VIASAT INC | COM | 92552V100 |  | 3183262 | 100577 | SH |  | SOLE |  | 95172 | 0 | 5405 |
| VISA INC | COM CL A | 92826C839 |  | 25420870 | 122357 | SH |  | SOLE |  | 115193 | 0 | 7164 |
| VMWARE INC | CL A COM | 928563402 |  | 362142 | 2950 | SH |  | SOLE |  | 2950 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 287074 | 7684 | SH |  | SOLE |  | 7684 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 375318 | 2647 | SH |  | SOLE |  | 2647 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 941908 | 6004 | SH |  | SOLE |  | 6004 | 0 | 0 |
| WD 40 CO | COM | 929236107 |  | 220213 | 1366 | SH |  | SOLE |  | 1366 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 235990 | 4985 | SH |  | SOLE |  | 4877 | 0 | 108 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 22548669 | 546105 | SH |  | SOLE |  | 514825 | 0 | 31280 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 710922 | 18191 | SH |  | SOLE |  | 18191 | 0 | 0 |
| WISDOMTREE TR | FLOATNG RAT TREA | 97717Y527 |  | 487418 | 9696 | SH |  | SOLE |  | 9696 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 1366438 | 10669 | SH |  | SOLE |  | 10669 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 678370 | 12413 | SH |  | SOLE |  | 12413 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 450585 | 3534 | SH |  | SOLE |  | 3534 | 0 | 0 |

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