Community Financial System’s Community Bank CBU Stock Holding History

Community Financial System’s Portfolio CBU Stock Details CBU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	$56.7M	Buy	1,688,984 +113,963	+7%	+$4.03M	12.42%	1
2014 Q2	$57M	Sell	1,575,021 -7,530	-0.5%	-$278K	12.44%	1
2014 Q1	$61.8M	Sell	1,582,551 -3,164	-0.2%	-$117K	13.54%	1
2013 Q4	$62.9M	Sell	1,585,715 -29,433	-2%	-$1.09M	14.06%	1
2013 Q3	$55.1M	Sell	1,615,148 -123,250	-7%	-$4.12M	13.24%	1
2013 Q2	$53.6M	Buy	+1,738,398	New	+$50.7M	14.88%	1

Other funds holding CBU

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

CIP

Champlain Investment Partners Burlington, Vermont $7.88B AUM 6.82% 1-Year Est. Return

Community Financial System's CBU Position: Q3 2014 in Review

Community Financial System increased its Community Bank (CBU) stake by 7.2% in Q3 2014, buying an estimated $4.03M and bringing the position to 1,688,984 shares worth $56.7M. The position accounts for 12.42% of the portfolio, ranked #1.

Community Financial System first reported a position in CBU in Q2 2013 and has held it in 6 quarters since. The position peaked at $62.9M in Q4 2013. 145 funds tracked by Wall St. Rank hold CBU as of Q3 2014.

Community Financial System held 1,688,984 shares of Community Bank worth $56.7M as of Q3 2014.
Community Financial System bought 113,963 Community Bank shares in Q3 2014, an estimated $4.03M.
Community Bank made up 12.42% of Community Financial System's portfolio in Q3 2014, its #1 holding.
Community Financial System first reported a position in Community Bank in Q2 2013 and has held it in 6 quarters since.
Community Financial System's Community Bank position peaked at $62.9M in Q4 2013.
145 funds tracked by Wall St. Rank held Community Bank as of Q3 2014.

Based on Community Financial System's 13F filing for Q3 2014, filed 8 Oct 2014.