Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CBU held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.5M | $440.7M | -0.4% | 14.302% | 0.01% |
| 2 | Neuberger Berman Group LLC | 3.7M | $217.9M | -2.5% | 7.072% | 0.17% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.5M | $206.8M | β | 6.711% | 0.01% |
| 4 | STATE STREET CORP | 3.2M | $186.2M | +0.7% | 5.996% | 0.01% |
| 5 | FMR LLC | 3.0M | $177.5M | +80.1% | 5.760% | 0.01% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 2.4M | $139.2M | β | 4.519% | 0.00% |
| 7 | MORGAN STANLEY | 1.9M | $109.2M | -7.2% | 3.542% | 0.01% |
| 8 | DIMENSIONAL FUND ADVISORS LP | 1.8M | $106.6M | +1.1% | 3.461% | 0.02% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 1.3M | $76.1M | +3.9% | 2.470% | 0.00% |
| 10 | FEDERATED HERMES, INC. | 755K | $44.3M | +12.3% | 1.437% | 0.07% |
| 11 | NFJ INVESTMENT GROUP, LLC | 680K | $39.9M | -2.3% | 1.294% | 1.51% |
| 12 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 639K | $37.5M | +0.6% | 1.216% | 0.01% |
| 13 | NORTHERN TRUST CORP | 621K | $36.4M | +2.8% | 1.181% | 0.00% |
| 14 | BANK OF AMERICA CORP /DE/ | 599K | $35.1M | +3.4% | 1.140% | 0.00% |
| 15 | Bank of New York Mellon Corp | 531K | $31.1M | -1.9% | 1.010% | 0.01% |
| 16 | DEPRINCE RACE & ZOLLO INC | 531K | $31.1M | +11.1% | 1.010% | 0.59% |
| 17 | GOLDMAN SACHS GROUP INC | 525K | $30.8M | +21.5% | 0.998% | 0.00% |
| 18 | Riggs Asset Managment Co. Inc. | 417K | $24.5M | +3.9% | 0.794% | 5.04% |
| 19 | VANGUARD FIDUCIARY TRUST CO | 346K | $20.3M | β | 0.658% | 0.01% |
| 20 | PRINCIPAL FINANCIAL GROUP INC | 256K | $15.0M | +2.1% | 0.488% | 0.01% |
| 21 | PUBLIC SECTOR PENSION INVESTMENT BOARD | 188K | $11.1M | +3.4% | 0.359% | 0.03% |
| 22 | VICTORY CAPITAL MANAGEMENT INC | 154K | $9.0M | +3.6% | 0.294% | 0.01% |
| 23 | UBS Group AG | 152K | $8.9M | -25.5% | 0.290% | 0.00% |
| 24 | RHUMBLINE ADVISERS | 147K | $8.6M | +0.0% | 0.280% | 0.01% |
| 25 | Invesco Ltd. | 147K | $8.6M | +11.2% | 0.279% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in CBU β a direct measure of their conviction.
Filings activity in CBU during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new CBU position in Q1 2026
Institutions that fully closed their CBU position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 259 | 0.8% | 65.86% | +0.74 pp | $2.29B | +1.1% |
| Q4 2025 | 261 | +5.2% | 65.12% | +0.46 pp | $2.26B | +0.7% |
| Q3 2025 | 248 | 3.9% | 64.66% | +2.22 pp | $2.25B | +3.6% |
| Q2 2025 | 258 | 2.6% | 62.44% | +1.86 pp | $2.17B | +3.1% |
| Q1 2025 | 265 | +6.0% | 60.58% | 5.76 pp | $2.11B | 8.7% |
| Q4 2024 | 250 | 0.4% | 66.34% | +6.85 pp | $2.31B | +12% |
| Q3 2024 | 251 | +2.4% | 59.49% | +9.64 pp | $2.07B | +19% |
| Q2 2024 | 245 | β | 49.85% | β | $1.73B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CBU stock.
Based on Q1 2026 13F filings, institutional ownership of Community Bank System, Inc. stands at 65.9%, held across 259 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of CBU, with approximately 7,513,822 shares worth $0.44B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of CBU.
Our composite Smart Money Score for CBU is 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
38 institutions opened new positions in CBU during Q1 2026, while 40 fully exited. 162 added to existing positions and 56 trimmed.
CBU institutional ownership rose by 0.74 percentage points quarter-over-quarter, with a net change of -2 holders.
The top 10 institutions account for 74.4% of all reported 13F value in CBU, and the top 25 account for 89.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Community Bank System, Inc. (CBU) Institutional Ownership