ORRSTOWN FINL SVCS INC

Ticker: ORRF CUSIP: 687380105 Class: Common Stock

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.1,456,664$51,595
VANGUARD GROUP INC1,126,815$39,912
Fourthstone LLC899,016$31,843
DIMENSIONAL FUND ADVISORS LP831,739$29,460
STATE STREET CORP584,501$20,703
GEODE CAPITAL MANAGEMENT, LLC460,814$16,325
AMERICAN CENTURY COMPANIES INC405,825$14,374
WELLINGTON MANAGEMENT GROUP LLP285,000$10,095
TWO SIGMA INVESTMENTS, LP284,574$10,080
GOLDMAN SACHS GROUP INC278,649$9,870
MANUFACTURERS LIFE INSURANCE COMPANY, THE232,609$8,239
RENAISSANCE TECHNOLOGIES LLC222,146$7,868
Qube Research & Technologies Ltd209,866$7,433
Petiole USA ltd176,966$6,268
MORGAN STANLEY174,699$6,188
ProShare Advisors LLC163,710$5,799
JANE STREET GROUP, LLC160,951$5,701
CHARLES SCHWAB INVESTMENT MANAGEMENT INC160,504$5,685
KENNEDY CAPITAL MANAGEMENT LLC154,792$5,483
NORTHERN TRUST CORP153,912$5,452
Pacific Ridge Capital Partners, LLC147,064$5,209
ALGERT GLOBAL LLC146,017$5
FMR LLC115,395$4,087
MILLENNIUM MANAGEMENT LLC113,812$4,031
BANK OF AMERICA CORP /DE/112,689$3,991
UBS Group AG102,329$3,624
Bank of New York Mellon Corp100,707$3,567
ALLIANCEBERNSTEIN L.P.83,856$2,970
D. E. Shaw & Co., Inc.71,640$2,537
FIRST TRUST ADVISORS LP69,511$2,462
BARCLAYS PLC67,598$2,394
Trexquant Investment LP67,174$2,379
AQR CAPITAL MANAGEMENT LLC65,921$2,335
PL Capital Advisors, LLC64,356$2,279
JPMORGAN CHASE & CO60,492$2,143
TWO SIGMA ADVISERS, LP57,102$2,023
CITADEL ADVISORS LLC54,360$1,925
Thrivent Financial for Lutherans52,945$2
Cetera Investment Advisers50,234$1,779
Rosenthal | Henry Capital Advisors, Inc.49,100$1,739
AlphaQuest LLC43,992$1,558
CITIGROUP INC37,290$1,321
Swiss National Bank36,500$1,293
Y-Intercept (Hong Kong) Ltd35,174$1,246
BALYASNY ASSET MANAGEMENT L.P.34,446$1,220
Invesco Ltd.33,309$1,180
ExodusPoint Capital Management, LP32,726$1,159
Inspire Advisors, LLC32,308$1,144
Pinnacle Holdings, LLC31,230$1,106
Nuveen, LLC28,837$1,021
RHUMBLINE ADVISERS27,867$987
Connor, Clark & Lunn Investment Management Ltd.23,742$841
Verition Fund Management LLC23,494$832
truNorth Financial Services, Inc.23,467$831
Aigen Investment Management, LP22,654$802
Quantbot Technologies LP22,551$799
Engineers Gate Manager LP22,088$782
UBS ASSET MANAGEMENT AMERICAS INC21,600$765
WELLS FARGO & COMPANY/MN21,247$753
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC20,347$721
Brookwood Investment Group LLC19,609$695
DEUTSCHE BANK AG\18,967$672
Jump Financial, LLC18,221$645
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM17,807$631
Creative Planning17,330$614
LOS ANGELES CAPITAL MANAGEMENT LLC16,852$558
Rafferty Asset Management, LLC16,532$586
Quantinno Capital Management LP15,557$551
HSBC HOLDINGS PLC15,337$544
Weiss Asset Management LP15,151$537
Legal & General Group Plc14,475$513
SALZHAUER MICHAEL13,734$486
PharVision Advisers, LLC13,385$474
ALPS ADVISORS INC13,049$462
XTX Topco Ltd12,531$444
RKL Wealth Management LLC12,526$444
STATE OF WISCONSIN INVESTMENT BOARD11,909$422
Centiva Capital, LP11,894$421
Brandywine Global Investment Management, LLC11,710$415
FRANKLIN RESOURCES INC11,298$400
JANUS HENDERSON GROUP PLC11,200$396
Sterling Capital Management LLC11,077$392
Susquehanna Portfolio Strategies, LLC10,862$385
PRICE T ROWE ASSOCIATES INC /MD/10,687$0
Daytona Street Capital LLC10,622$376
MetLife Investment Management, LLC10,403$368
Jefferies Financial Group Inc.10,000$354
Curi Capital, LLC9,962$353
Johnson & White Wealth Management, LLC9,890$350
Rodgers & Associates, LTD9,570$339
BNP PARIBAS ARBITRAGE, SA9,373$332
State of Tennessee, Department of Treasury9,121$329
BRIDGEWAY CAPITAL MANAGEMENT, LLC9,064$321
TUDOR INVESTMENT CORP ET AL9,035$320
Graham Capital Management, L.P.9,006$319
AXQ CAPITAL, LP8,858$314
SG Americas Securities, LLC8,797$0
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.8,690$308
SUSQUEHANNA INTERNATIONAL GROUP, LLP8,445$299
VISTA INVESTMENT MANAGEMENT8,290$294
64 other institutions177,361$5,596
Total (164 institutions)11,319,110$392,477