SEC 13F Intelligence

Managers / Q1 2023 · view latest →

CITIZENS & NORTHERN CORP

CIK 0000810958 · 90-92 MAIN ST, WELLSBORO, PA, 16901 · 877-838-2517

Reported Value
$256M
Q1 2023
Positions
99
Filings on Record
22
2019–present window
Filed
May 5, 2023
original filing

Summary

Citizens & Northern Corp reported $256M in U.S.-listed holdings across 99 positions for Q1 2023.

Its largest position, VONG, represents 13.6% of the portfolio.

Compared with Q4 2022, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+2.6%
vs prior filed quarter
Top-10 Concentration
+51.6%
share of reported value
Largest Position
+13.6%
Vanguard Russell 1000 Growth Etf
New / Exited
1 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $227MQ4 ’20Q1 ’21: $253MQ2 ’21: $267MQ3 ’21: $261MQ3 ’21Q4 ’21: $279MQ1 ’22: $271MQ2 ’22: $229MQ2 ’22Q3 ’22: $213MQ4 ’22: $242MQ1 ’23: $256MQ1 ’23Q2 ’23: $265MQ3 ’23: $249MQ4 ’23: $280MQ4 ’23Q1 ’24: $296MQ2 ’24: $320MQ3 ’24: $333MQ3 ’24Q4 ’24: $365MQ1 ’25: $355MQ2 ’25: $374MQ2 ’25Q3 ’25: $404MQ4 ’25: $404MQ1 ’26: $401MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 56.5%ETP: 42.1%REIT: 0.8%ADR: 0.6%
  • Common Stock · 56.5% · $145M
  • ETP · 42.1% · $108M
  • REIT · 0.8% · $2M
  • ADR · 0.6% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SCHWCharles Schwab CorpNEW+13.8K13.8K+$722,792$722,792
ORCLOracle CorpADDED+9.3K11.9K+$890,565$1M
TAT&T IncADDED+37.0K54.5K+$727,405$1M
CCitigroup Inc Common NewSOLD OUT17.1K0$773,162$0
INTCIntel CorpTRIMMED27.9K6.4K$697,745$209,121
IBMInternational Business MachinesADDED+4.5K14.8K+$494,730$2M
METAMeta Platforms IncTRIMMED3.4K11.1K+$609,639$2M
NVDANvidia CorpTRIMMED4.0K13.8K+$1M$4M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

99 positions
#IssuerClass% PortfolioValueShares
1VONGVanguard Russell 1000 Growth ETFhistory →VNG RUS1000GRW13.60%$35M554.2K
2GUNRFlexshares Morningstar Global Upstream Nat Res Index ETFhistory →MORNSTAR UPSTR8.20%$21M496.8K
3FRELFidelity MSCI Real Estate Index ETFhistory →MSCI RL EST ETF6.06%$16M623.3K
4AAPLApple Computer Inchistory →COM3.93%$10M61.1K
5MSFTMicrosoft Corphistory →COM3.71%$10M33.0K
6SPMDSPDR Portfolio S&P 400 Mid Cap ETFhistory →PORTFOLIO S&P4003.68%$9M214.4K
7IJHiShares S&P MidCap 400 Index Fdhistory →CORE S&P MCP ETF3.42%$9M35.0K
8EMBiShares JPMorgan USD Emerging Markets Bond ETFhistory →JPMORGAN USD EMG3.42%$9M101.6K
9CZFSCitizens Financial Services Inchistory →COM2.83%$7M86.8K
10CZNCCitizens & Northern Corphistory →COM2.71%$7M325.0K
11GOOGAlphabet Inc Class Chistory →CAP STK CL C2.43%$6M59.9K
12JPMJPMorgan Chase & Cohistory →COM1.55%$4M30.5K
13NVDANvidia Corphistory →COM1.50%$4M13.8K
14MAMastercard Inc Class Ahistory →CL A1.48%$4M10.5K
15AMZNAmazon Communications Inchistory →COM1.48%$4M36.6K
16EXMOCExxon Mobil Corphistory →COM1.27%$3M29.8K
17COSTCostco Wholesale Corp (New)history →COM1.18%$3M6.1K
18ABTAbbott Labshistory →COM1.15%$3M29.1K
19PGProcter & Gamble Cohistory →COM1.12%$3M19.3K
20NKENike, Inc. Class Bhistory →CL B1.05%$3M21.9K
21CMGChipotle Mexican Grill Inc Corp CommonCOM0.92%$2M1.4K
22METAMeta Platforms IncCL A0.92%$2M11.1K
23MDLZMondelez Intl Inc Class ACL A0.90%$2M33.2K
24CRMSalesforce, Inc.COM0.90%$2M11.5K
25CVSCVS Health CorporationCOM0.90%$2M30.9K
26MBBiShares Barclays MBS Bond Fund ETFMBS ETF0.86%$2M23.3K
27AMTAmerican Tower REIT IncCOM0.80%$2M10.0K
28DEDeere & CoCOM0.79%$2M4.9K
29HDHome Depot IncCOM0.77%$2M6.7K
30IBMInternational Business MachinesCOM0.76%$2M14.8K
31ELLauder (Estee) Cos Inc Class ACL A0.74%$2M7.7K
32ADIAnalog Devices IncCOM0.74%$2M9.6K
33MCDMcDonalds CorpCOM0.73%$2M6.7K
34HONHoneywell Intl IncCOM0.72%$2M9.7K
35GDGeneral Dynamics CorpCOM0.72%$2M8.1K
36CMCSAComcast Corp Class ACL A0.72%$2M48.4K
37SLBSchlumberger LtdCOM STK0.71%$2M37.2K
38ZBHZimmer Biomet Holdings, Inc.COM0.69%$2M13.7K
39CSCOCisco Systems IncCOM0.68%$2M33.5K
40PFEPfizer IncCOM0.63%$2M39.3K
41GWWW W Grainger IncCOM0.62%$2M2.3K
42NSCNorfolk Southern CorpCOM0.62%$2M7.4K
43PANWPalo Alto Networks Inc CommonCOM0.61%$2M7.9K
44KOCoca Cola CoCOM0.61%$2M25.2K
45NEENextera Energy IncCOM0.58%$1M19.3K
46BMYBristol Myers Squibb CoCOM0.57%$1M21.0K
47ICEIntercontinental Exchange Inc CommonCOM0.57%$1M13.9K
48GSKGSK PLC ADRSPONSORED ADR0.56%$1M40.7K
49TJXTjx Companies (New)COM0.56%$1M18.3K
50BXBlackstone IncCOM0.55%$1M16.1K
51CVXChevron CorpCOM0.54%$1M8.4K
52BIIBBiogen Idec IncCOM0.53%$1M4.9K
53CDWCDW CorporationCOM0.50%$1M6.6K
54SPYSPDR S&P 500 ETF TrustTR UNIT0.50%$1M3.1K
55TFCTruist Financial CorporationCOM0.48%$1M36.2K
56CORAmerisourcebergen CorpCOM0.46%$1M7.3K
57EOGEOG Resources, Inc.COM0.45%$1M10.0K
58ORCLOracle CorpCOM0.43%$1M11.9K
59MRSHMarsh & McLennan Cos IncCOM0.43%$1M6.7K
60ADBEAdobe Systems IncCOM0.41%$1M2.7K
61TAT&T IncCOM0.41%$1M54.5K
62UNPUnion Pacific CorpCOM0.40%$1M5.0K
63BABoeing CoCOM0.38%$982,9144.6K
64Blackrock, Inc.COM0.38%$972,2311.5K
65SPTLSPDR Portfolio Long Term Treasury ETFPORTFOLIO LN TSR0.37%$953,23530.9K
66HALHalliburton CoCOM0.37%$938,25329.7K
67BNDXVanguard Total International Bond Index Fund ETFTOTAL INT BD ETF0.35%$906,48818.5K
68DIASPDR Dow Jones Industrial Average ETF TrustUT SER 10.33%$845,8532.5K
69DDDuPont de Nemours IncCOM0.33%$845,73811.8K
70IWFiShares Trust Russell 1000 Growth ETFRUS 1000 GRW ETF0.33%$842,9393.5K
71FCXFreeport-McMoran, Inc.CL B0.32%$814,84519.9K
72GLWCorning IncCOM0.31%$789,10822.4K
73SCHWCharles Schwab CorpCOM0.28%$722,79213.8K
74DISDisney Walt CoCOM0.27%$682,2866.8K
75BBWIBath & Body WorksCOM0.27%$681,04618.6K
76VIGVanguard Dividend Appreciation Index ETFDIV APP ETF0.23%$581,3883.8K
77VZVerizon CommunicationsCOM0.22%$553,24914.2K
78iShares iBoxx $ High Yield Corp Bond ETFIBOXX HI YD ETF0.20%$502,7856.7K
79ROPRoper Industries Inc NewCOM0.19%$491,3691.1K
80IWDiShares Russell 1000 Value ETFRUS 1000 VAL ETF0.19%$480,0763.2K
81JNJJohnson & JohnsonCOM0.17%$448,1052.9K
82ITWIllinois Tool Works IncCOM0.14%$351,0551.4K
83BRK/BBerkshire Hathaway Inc Class B NewCL B NEW0.14%$350,7631.1K
84IVViShares Core S&P 500 ETFCORE S&P500 ETF0.13%$335,030815
85UNHUnitedhealth Group, Inc.COM0.12%$316,635670
86CBUCommunity Bank System, IncCOM0.11%$273,7885.2K
87BNDCFlexShares Core Select Bond Fund ETFCRE SLCT BD FD0.11%$272,39612.1K
88ACNAccenture PLCSHS CLASS A0.10%$265,232928
89CMECME Group IncCOM0.10%$245,9121.3K
90TGTTarget CorpCOM0.09%$238,6731.4K
91ROKRockwell Automation Inc CommonCOM0.09%$234,760800
92LOWLowes Cos IncCOM0.09%$229,9661.1K
93ESGFlexShares STOXX US ESG Select Index ETFSTOX US ESG SLCT0.09%$228,8282.3K
94TIPiShares Barclays TIPS Bond FundTIPS BD ETF0.08%$213,8851.9K
95CATCaterpillar IncCOM0.08%$211,677925
96DHRDanaher CorpCOM0.08%$210,201834
97INTCIntel CorpCOM0.08%$209,1216.4K
98SYYSYSCO CorpCOM0.08%$205,6632.7K
99NFGNational Fuel Gas Co N JCOM0.08%$202,7833.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$401M119Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$404M124Jan 28, 202613F-HRchanges · EDGAR ↗
Q3 2025$404M121Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$374M118Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$355M118Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$365M126Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$333M126Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$320M118Jul 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$296M109May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$280M111Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$249M97Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$265M97Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$256M99May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$242M99Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$213M96Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$229M101Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$271M100May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$279M104Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$261M103Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$267M103Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$253M98May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$227M100Feb 9, 202113F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Citizens & Northern Bank028-14473

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.