SEC 13F Intelligence

Managers / Q4 2023 · view latest →

CITIZENS & NORTHERN CORP

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

Reported Value
$280M
Q4 2023
Positions
111
Filings on Record
22
2019–present window
Filed
Feb 9, 2024
original filing

Summary

Citizens & Northern Corp reported $280M in U.S.-listed holdings across 111 positions for Q4 2023.

Its largest position, Vanguard Russell 1000 Growth Etf, represents 12.1% of the portfolio.

Compared with Q3 2023, the fund opened 15 new positions and exited 1.

Portfolio Metrics

Turnover
+1.3%
vs prior filed quarter
Top-10 Concentration
+49.2%
share of reported value
Largest Position
+12.1%
Vanguard Russell 1000 Growth Etf
New / Exited
15 / 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. 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: 55.2%ETP: 43.5%REIT: 0.7%ADR: 0.5%Other: 0.1%
  • Common Stock · 55.2% · $154M
  • ETP · 43.5% · $122M
  • REIT · 0.7% · $2M
  • ADR · 0.5% · $1M
  • Other · 0.1% · $251,602

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DFACDimensional U.S. Core Equity 2 ETFNEW+160.1K160.1K+$5M$5M
Avantis International Equity ETFNEW+32.0K32.0K+$2M$2M
iShares Short-Term National Muni Bond ETFNEW+9.3K9.3K+$980,077$980,077
Avantis US Equity ETFNEW+11.8K11.8K+$964,166$964,166
Health Care Select Sector SPDRNEW+3.5K3.5K+$484,149$484,149
Invesco KBW Bank ETFNEW+9.6K9.6K+$472,273$472,273
Consumer Discretionary Select Sector SPDRNEW+2.3K2.3K+$419,309$419,309
Avantis Emerging Markets Equity ETFNEW+6.8K6.8K+$382,381$382,381

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

Holdings — Q4 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Vanguard Russell 1000 Growth ETFVNG RUS1000GRW12.10%$34M434.4K
2Flexshares Morningstar Global Upstream Nat Res Index ETFMORNSTAR UPSTR7.91%$22M541.3K
3Fidelity MSCI Real Estate Index ETFMSCI RL EST ETF6.33%$18M665.7K
4MSFTMicrosoft Corphistory →COM4.35%$12M32.4K
5AAPLApple Computer Inchistory →COM3.91%$11M56.8K
6iShares JPMorgan USD Emerging Markets Bond ETFJPMORGAN USD EMG3.19%$9M100.4K
7iShares S&P MidCap 400 Index FdCORE S&P MCP ETF3.13%$9M31.6K
8SPDR Portfolio S&P 400 Mid Cap ETFPORTFOLIO S&P4003.00%$8M172.4K
9GOOGAlphabet Inc Class Chistory →CAP STK CL C2.82%$8M56.0K
10CZNCCitizens & Northern Corphistory →COM2.47%$7M308.3K
11CZFSCitizens Financial Services Inchistory →COM2.04%$6M88.4K
12NVDANvidia Corphistory →COM1.91%$5M10.8K
13AMZNAmazon Communications Inchistory →COM1.85%$5M34.2K
14DFACDimensional U.S. Core Equity 2 ETFhistory →US CORE EQUITY 21.67%$5M160.1K
15JPMJPMorgan Chase & Cohistory →COM1.54%$4M25.4K
16MAMastercard Inc Class Ahistory →CL A1.48%$4M9.8K
17COSTCostco Wholesale Corp (New)history →COM1.36%$4M5.8K
18METAMeta Platforms Inchistory →CL A1.29%$4M10.2K
19EXMOCExxon Mobil Corphistory →COM1.04%$3M29.2K
20CRMSalesforce, Inc.history →COM1.00%$3M10.7K
21PGProcter & Gamble CoCOM0.98%$3M18.7K
22ABTAbbott LabsCOM0.88%$2M22.3K
23CMGChipotle Mexican Grill Inc Corp CommonCOM0.84%$2M1.0K
24IBMInternational Business MachinesCOM0.82%$2M14.0K
25iShares Barclays MBS Bond Fund ETFMBS ETF0.81%$2M24.2K
26HDHome Depot IncCOM0.81%$2M6.5K
27CVSCVS Health CorporationCOM0.79%$2M28.2K
28MDLZMondelez Intl Inc Class ACL A0.79%$2M30.7K
29NKENike, Inc. Class BCL B0.79%$2M20.4K
30PANWPalo Alto Networks Inc CommonCOM0.75%$2M7.1K
31BXBlackstone IncCOM0.72%$2M15.5K
32CMCSAComcast Corp Class ACL A0.71%$2M45.2K
33AMTAmerican Tower REIT IncCOM0.70%$2M9.1K
34GDGeneral Dynamics CorpCOM0.69%$2M7.5K
35Avantis International Equity ETFINTL EQT ETF0.69%$2M32.0K
36HONGBPHoneywell Intl IncCOM0.69%$2M9.2K
37NSCNorfolk Southern CorpCOM0.68%$2M8.1K
38MCDMcDonalds CorpCOM0.67%$2M6.3K
39SLBSchlumberger LtdCOM STK0.65%$2M34.9K
40ADIAnalog Devices IncCOM0.64%$2M9.1K
41GWWW W Grainger IncCOM0.64%$2M2.1K
42CSCOCisco Systems IncCOM0.59%$2M32.5K
43ICEIntercontinental Exchange Inc CommonCOM0.58%$2M12.7K
44ZBHZimmer Biomet Holdings, Inc.COM0.58%$2M13.3K
45TJXTjx Companies (New)COM0.57%$2M16.9K
46ADBEAdobe Systems IncCOM0.55%$2M2.6K
47GSKGSK PLC ADRSPONSORED ADR0.52%$1M39.6K
48ORCLOracle CorpCOM0.52%$1M13.8K
49SPDR S&P 500 ETF TrustTR UNIT0.51%$1M3.0K
50KOCoca Cola CoCOM0.50%$1M23.7K

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 ↗.