ORRSTOWN FINL SVCS INC

Institution	Shares	Value ($000)
Aigen Investment Management, LP	22,654	$802
apricus wealth, LLC	6,394	$226
AXQ CAPITAL, LP	8,858	$314
Integrated Quantitative Investments LLC	7,871	$279
ALGERT GLOBAL LLC	146,017	$5
XTX Topco Ltd	12,531	$444
ExodusPoint Capital Management, LP	32,726	$1,159
State of Wyoming	4,038	$143
Engineers Gate Manager LP	22,088	$782
Jump Financial, LLC	18,221	$645
Weiss Asset Management LP	15,151	$537
Graham Capital Management, L.P.	9,006	$319
Centiva Capital, LP	11,894	$421
Connor, Clark & Lunn Investment Management Ltd.	23,742	$841
Brandywine Global Investment Management, LLC	11,710	$415
Buckingham Strategic Partners	7,255	$257
Jefferies Financial Group Inc.	10,000	$354
TUDOR INVESTMENT CORP ET AL	9,035	$320
FRANKLIN RESOURCES INC	11,298	$400
TEACHER RETIREMENT SYSTEM OF TEXAS	6,363	$225

Increased Positions (49)

PharVision Advisers, LLC

Value ($000) $474 (+85.6%) Shares 13,385 (+78.1%)

AlphaQuest LLC

Value ($000) $1,558 (+181.3%) Shares 43,992 (+169.8%)

Quantbot Technologies LP

Value ($000) $799 (+230.4%) Shares 22,551 (+217.0%)

Y-Intercept (Hong Kong) Ltd

Value ($000) $1,246 (+109.8%) Shares 35,174 (+101.3%)

TWO SIGMA INVESTMENTS, LP

Value ($000) $10,080 (+77.2%) Shares 284,574 (+70.0%)

SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC

Value ($000) $721 (+58.3%) Shares 20,347 (+51.9%)

Qube Research & Technologies Ltd

Value ($000) $7,433 (+53.9%) Shares 209,866 (+47.6%)

GOLDMAN SACHS GROUP INC

Value ($000) $9,870 (+182.1%) Shares 278,649 (+170.6%)

Sterling Capital Management LLC

Value ($000) $392 (+795.8%) Shares 11,077 (+759.3%)

JANE STREET GROUP, LLC

Value ($000) $5,701 (+860.1%) Shares 160,951 (+821.1%)

MILLENNIUM MANAGEMENT LLC

Value ($000) $4,031 (+415.4%) Shares 113,812 (+394.4%)

Trexquant Investment LP

Value ($000) $2,379 (+28.0%) Shares 67,174 (+22.8%)

AMERICAN CENTURY COMPANIES INC

Value ($000) $14,374 (+26.9%) Shares 405,825 (+21.8%)

D. E. Shaw & Co., Inc.

Value ($000) $2,537 (+779.1%) Shares 71,640 (+743.3%)

DIMENSIONAL FUND ADVISORS LP

Value ($000) $29,460 (+13.3%) Shares 831,739 (+8.7%)

BALYASNY ASSET MANAGEMENT L.P.

Value ($000) $1,220 (+450.1%) Shares 34,446 (+427.7%)

UBS Group AG

Value ($000) $3,624 (+107.7%) Shares 102,329 (+99.3%)

BlackRock, Inc.

Value ($000) $51,595 (+8.7%) Shares 1,456,664 (+4.2%)

Verition Fund Management LLC

Value ($000) $832 (+149.4%) Shares 23,494 (+139.2%)

BARCLAYS PLC

Value ($000) $2,394 (+97.5%) Shares 67,598 (+100.5%)

Institution	Prev Shares	Curr Shares	Change
PharVision Advisers, LLC	7,516	13,385	+5,869 (+78.1%)
AlphaQuest LLC	16,304	43,992	+27,688 (+169.8%)
Quantbot Technologies LP	7,115	22,551	+15,436 (+217.0%)
Y-Intercept (Hong Kong) Ltd	17,475	35,174	+17,699 (+101.3%)
TWO SIGMA INVESTMENTS, LP	167,409	284,574	+117,165 (+70.0%)
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	13,398	20,347	+6,949 (+51.9%)
Qube Research & Technologies Ltd	142,141	209,866	+67,725 (+47.6%)
GOLDMAN SACHS GROUP INC	102,967	278,649	+175,682 (+170.6%)
Sterling Capital Management LLC	1,289	11,077	+9,788 (+759.3%)
JANE STREET GROUP, LLC	17,474	160,951	+143,477 (+821.1%)
MILLENNIUM MANAGEMENT LLC	23,020	113,812	+90,792 (+394.4%)
Trexquant Investment LP	54,718	67,174	+12,456 (+22.8%)
AMERICAN CENTURY COMPANIES INC	333,326	405,825	+72,499 (+21.8%)
D. E. Shaw & Co., Inc.	8,495	71,640	+63,145 (+743.3%)
DIMENSIONAL FUND ADVISORS LP	765,332	831,739	+66,407 (+8.7%)
BALYASNY ASSET MANAGEMENT L.P.	6,527	34,446	+27,919 (+427.7%)
UBS Group AG	51,350	102,329	+50,979 (+99.3%)
BlackRock, Inc.	1,397,408	1,456,664	+59,256 (+4.2%)
Verition Fund Management LLC	9,820	23,494	+13,674 (+139.2%)
BARCLAYS PLC	33,721	67,598	+33,877 (+100.5%)

Decreased Positions (40)

Fourthstone LLC

Value ($000) $31,843 (-35.5%) Shares 899,016 (-38.1%)

KENNEDY CAPITAL MANAGEMENT LLC

Value ($000) $5,483 (-42.5%) Shares 154,792 (-44.9%)

Pacific Ridge Capital Partners, LLC

Value ($000) $5,209 (+1.2%) Shares 147,064 (-2.9%)

Johnson & White Wealth Management, LLC

Value ($000) $350 (-17.2%) Shares 9,890 (-20.6%)

WELLINGTON MANAGEMENT GROUP LLP

Value ($000) $10,095 (-51.2%) Shares 285,000 (-53.2%)

FMR LLC

Value ($000) $4,087 (-49.1%) Shares 115,395 (-51.2%)

STATE STREET CORP

Value ($000) $20,703 (-4.2%) Shares 584,501 (-8.1%)

LOS ANGELES CAPITAL MANAGEMENT LLC

Value ($000) $558 (-47.9%) Shares 16,852 (-46.5%)

RENAISSANCE TECHNOLOGIES LLC

Value ($000) $7,868 (-4.5%) Shares 222,146 (-8.4%)

ProShare Advisors LLC

Value ($000) $5,799 (-5.7%) Shares 163,710 (-9.5%)

Rafferty Asset Management, LLC

Value ($000) $586 (-34.1%) Shares 16,532 (-36.8%)

NORTHERN TRUST CORP

Value ($000) $5,452 (-3.9%) Shares 153,912 (-7.8%)

STATE OF WISCONSIN INVESTMENT BOARD

Value ($000) $422 (-37.1%) Shares 11,909 (-39.7%)

BANK OF AMERICA CORP /DE/

Value ($000) $3,991 (-4.9%) Shares 112,689 (-8.7%)

AQR CAPITAL MANAGEMENT LLC

Value ($000) $2,335 (-5.6%) Shares 65,921 (-9.5%)

GEODE CAPITAL MANAGEMENT, LLC

Value ($000) $16,325 (+2.6%) Shares 460,814 (-1.5%)

Legal & General Group Plc

Value ($000) $513 (-16.4%) Shares 14,475 (-19.8%)

Invesco Ltd.

Value ($000) $1,180 (-5.6%) Shares 33,309 (-9.5%)

MANUFACTURERS LIFE INSURANCE COMPANY, THE

Value ($000) $8,239 (+3.0%) Shares 232,609 (-1.2%)

BROWN ADVISORY INC

Value ($000) $217 (-27.8%) Shares 6,119 (-30.8%)

Institution	Prev Shares	Curr Shares	Change
Fourthstone LLC	1,453,010	899,016	-553,994 (-38.1%)
KENNEDY CAPITAL MANAGEMENT LLC	280,723	154,792	-125,931 (-44.9%)
Pacific Ridge Capital Partners, LLC	151,427	147,064	-4,363 (-2.9%)
Johnson & White Wealth Management, LLC	12,457	9,890	-2,567 (-20.6%)
WELLINGTON MANAGEMENT GROUP LLP	608,402	285,000	-323,402 (-53.2%)
FMR LLC	236,537	115,395	-121,142 (-51.2%)
STATE STREET CORP	635,782	584,501	-51,281 (-8.1%)
LOS ANGELES CAPITAL MANAGEMENT LLC	31,518	16,852	-14,666 (-46.5%)
RENAISSANCE TECHNOLOGIES LLC	242,446	222,146	-20,300 (-8.4%)
ProShare Advisors LLC	180,990	163,710	-17,280 (-9.5%)
Rafferty Asset Management, LLC	26,166	16,532	-9,634 (-36.8%)
NORTHERN TRUST CORP	167,001	153,912	-13,089 (-7.8%)
STATE OF WISCONSIN INVESTMENT BOARD	19,737	11,909	-7,828 (-39.7%)
BANK OF AMERICA CORP /DE/	123,476	112,689	-10,787 (-8.7%)
AQR CAPITAL MANAGEMENT LLC	72,808	65,921	-6,887 (-9.5%)
GEODE CAPITAL MANAGEMENT, LLC	467,942	460,814	-7,128 (-1.5%)
Legal & General Group Plc	18,056	14,475	-3,581 (-19.8%)
Invesco Ltd.	36,797	33,309	-3,488 (-9.5%)
MANUFACTURERS LIFE INSURANCE COMPANY, THE	235,320	232,609	-2,711 (-1.2%)
BROWN ADVISORY INC	8,839	6,119	-2,720 (-30.8%)

Exited Positions (7)

Assenagon Asset Management S.A.

Value ($000) $6,628 Shares 195,055

MARSHALL WACE, LLP

Value ($000) $8,002 Shares 235,482

Empowered Funds, LLC

Value ($000) $308 Shares 9,064

Brevan Howard Capital Management LP

Value ($000) $439 Shares 12,929

PRUDENTIAL FINANCIAL INC

Value ($000) $355 Shares 10,445

Clearstead Advisors, LLC

Value ($000) $4 Shares 113

WHITTIER TRUST CO

Value ($000) $1 Shares 16

Institution	Prev Shares	Prev Value ($000)
Assenagon Asset Management S.A.	195,055	$6,628
MARSHALL WACE, LLP	235,482	$8,002
Empowered Funds, LLC	9,064	$308
Brevan Howard Capital Management LP	12,929	$439
PRUDENTIAL FINANCIAL INC	10,445	$355
Clearstead Advisors, LLC	113	$4
WHITTIER TRUST CO	16	$1