Managers / Q1 2025 · view latest →

CITIZENS & NORTHERN CORP

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

Reported Value

$355M

Q1 2025

Positions

118

Filings on Record

2019–present window

Filed

Apr 21, 2025

original filing

Summary

Citizens & Northern Corp reported $355M in U.S.-listed holdings across 118 positions for Q1 2025.

Its largest position, VONG, represents 11.0% of the portfolio.

Compared with Q4 2024, the fund opened 4 new positions and exited 12.

Portfolio Metrics

Turnover

+4.3%

vs prior filed quarter

Top-10 Concentration

+51.4%

share of reported value

Largest Position

+11.0%

Vanguard Russell 1000 Growth Etf

New / Exited

4 / 12

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

Portfolio Composition

By security type

Common Stock · 51.3% · $182M
ETP · 47.6% · $169M
REIT · 0.6% · $2M
ADR · 0.5% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
AZNN Astrazeneca PLC ADR	NEW	+2.9K	2.9K	+$213,224	$213,224
VNQ Vanguard REIT Index ETF	NEW	+2.2K	2.2K	+$201,542	$201,542
FDS FactSet Research Systems Inc	NEW	+443	443	+$201,406	$201,406
DFEM DFA Dimensional Emerging Markets Core Equity 2 ETF	NEW	+7.6K	7.6K	+$200,038	$200,038
GUNR Flexshares Morningstar Global Upstream Nat Res Index ETF	SOLD OUT	−56.3K	0	−$2M	$0
IHF iShares US Healthcare Providers ETF	SOLD OUT	−13.1K	0	−$629,629	$0
UNH Unitedhealth Group, Inc.	SOLD OUT	−719	0	−$363,713	$0
ESG FlexShares STOXX US ESG Select Index ETF	SOLD OUT	−2.5K	0	−$344,734	$0

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

Holdings — Q1 2025

118 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VONG Vanguard Russell 1000 Growth ETF history →	VNG RUS1000GRW	10.95%	$39M	418.6K
2	IGE iShares North American Natural Resources ETF history →	NORTH AMERN NAT	6.40%	$23M	499.6K
3	FREL Fidelity MSCI Real Estate Index ETF history →	MSCI RL EST ETF	6.12%	$22M	790.4K
4	IEMG iShares Core MSCI Emerging Mkts ETF history →	CORE MSCI EMKT	5.65%	$20M	371.2K
5	IJH iShares S&P MidCap 400 Index Fd history →	CORE S&P MCP ETF	4.78%	$17M	290.6K
6	SPMD SPDR Portfolio S&P 400 Mid Cap ETF history →	PORTFOLIO S&P400	4.20%	$15M	291.2K
7	AAPL Apple Computer Inc history →	COM	3.72%	$13M	59.3K
8	MSFT Microsoft Corp history →	COM	3.38%	$12M	31.9K
9	EMB iShares JPMorgan USD Emerging Markets Bond ETF history →	JPMORGAN USD EMG	3.26%	$12M	127.6K
10	NVDA Nvidia Corp history →	COM	2.90%	$10M	94.9K
11	AMZN Amazon Communications Inc history →	COM	2.19%	$8M	40.9K
12	GOOG Alphabet Inc Class C history →	CAP STK CL C	1.91%	$7M	43.4K
13	CZNC Citizens & Northern Corp history →	COM	1.90%	$7M	334.6K
14	CZFS Citizens Financial Services Inc history →	COM	1.90%	$7M	115.9K
15	JPM JPMorgan Chase & Co history →	COM	1.80%	$6M	26.0K
16	DFAC Dimensional U.S. Core Equity 2 ETF history →	US CORE EQUITY 2	1.51%	$5M	161.9K
17	COST Costco Wholesale Corp (New)history →	COM	1.48%	$5M	5.5K
18	META Meta Platforms Inc history →	CL A	1.47%	$5M	9.0K
19	MA Mastercard Inc Class A history →	CL A	1.27%	$5M	8.2K
20	EXMOC Exxon Mobil Corp	COM	0.96%	$3M	28.6K
21	PG Procter & Gamble Co	COM	0.89%	$3M	18.5K
22	MBB iShares Barclays MBS Bond Fund ETF	MBS ETF	0.88%	$3M	33.3K
23	CMG Chipotle Mexican Grill Inc Corp Common	COM	0.81%	$3M	57.6K
24	ABT Abbott Labs	COM	0.81%	$3M	21.6K
25	HD Home Depot Inc	COM	0.69%	$2M	6.7K
26	CRM Salesforce, Inc.	COM	0.67%	$2M	8.9K
27	NSC Norfolk Southern Corp	COM	0.63%	$2M	9.5K
28	TJX Tjx Companies (New)	COM	0.61%	$2M	17.7K
29	MDLZ Mondelez Intl Inc Class A	CL A	0.60%	$2M	31.3K
30	CSCO Cisco Systems Inc	COM	0.59%	$2M	34.1K
31	ORCL Oracle Corp	COM	0.59%	$2M	14.9K
32	GD General Dynamics Corp	COM	0.58%	$2M	7.6K
33	Avantis International Equity ETF	INTL EQT ETF	0.58%	$2M	31.0K
34	MRSH Marsh & McLennan Cos Inc	COM	0.57%	$2M	8.3K
35	COR Cencora, Inc.	COM	0.57%	$2M	7.3K
36	ADI Analog Devices Inc	COM	0.57%	$2M	10.0K
37	PANW Palo Alto Networks Inc Common	COM	0.56%	$2M	11.7K
38	AMT American Tower REIT Inc	COM	0.56%	$2M	9.1K
39	HON Honeywell Intl Inc	COM	0.55%	$2M	9.2K
40	ICE Intercontinental Exchange Inc Common	COM	0.53%	$2M	11.0K
41	CVS CVS Health Corporation	COM	0.53%	$2M	27.5K
42	BX Blackstone Inc	COM	0.52%	$2M	13.1K
43	SCHW Charles Schwab Corp	COM	0.49%	$2M	22.2K
44	KO Coca Cola Co	COM	0.49%	$2M	24.1K
45	CMCSA Comcast Corp Class A	CL A	0.46%	$2M	44.7K
46	GWW W W Grainger Inc	COM	0.45%	$2M	1.6K
47	ACN Accenture PLC	SHS CLASS A	0.45%	$2M	5.1K
48	SLB Schlumberger Ltd	COM STK	0.44%	$2M	37.6K
49	SPY SPDR S&P 500 ETF Trust	TR UNIT	0.44%	$2M	2.8K
50	TFC Truist Financial Corporation	COM	0.44%	$2M	37.7K
51	GSK GSK PLC ADR	SPONSORED ADR	0.44%	$2M	40.0K
52	ADBE Adobe Systems Inc	COM	0.42%	$2M	3.9K
53	MAS Masco Corp	COM	0.42%	$1M	21.2K
54	CVX Chevron Corp	COM	0.41%	$1M	8.8K
55	MCD McDonalds Corp	COM	0.41%	$1M	4.7K
56	NOW Servicenow Inc	COM	0.40%	$1M	1.8K
57	ZBH Zimmer Biomet Holdings, Inc.	COM	0.40%	$1M	12.6K
58	BLK Blackrock Funding Inc	COM	0.39%	$1M	1.4K
59	UNP Union Pacific Corp	COM	0.38%	$1M	5.7K
60	DIS Disney Walt Co	COM	0.36%	$1M	12.9K
61	NEE Nextera Energy Inc	COM	0.35%	$1M	17.6K
62	ETN Eaton Corp	SHS	0.35%	$1M	4.5K
63	BMY Bristol Myers Squibb Co	COM	0.33%	$1M	19.4K
64	FDX Fedex Corp	COM	0.33%	$1M	4.9K
65	EOG EOG Resources, Inc.	COM	0.33%	$1M	9.2K
66	BDX Becton, Dickinson & Co.	COM	0.32%	$1M	5.0K
67	BA Boeing Co	COM	0.32%	$1M	6.6K
68	AVUS Avantis US Equity ETF	US EQT ETF	0.31%	$1M	11.8K
69	NKE Nike, Inc. Class B	CL B	0.31%	$1M	17.2K
70	CDW CDW Corporation	COM	0.31%	$1M	6.8K
71	BBWI Bath & Body Works	COM	0.30%	$1M	35.5K
72	DIA SPDR Dow Jones Industrial Average ETF Trust	UT SER 1	0.30%	$1M	2.5K
73	BNDX Vanguard Total International Bond Index Fund ETF	TOTAL INT BD ETF	0.30%	$1M	21.7K
74	PYPL Paypal Holdings, Inc.	COM	0.30%	$1M	16.1K
75	AMD Advanced Micro Devices Inc	COM	0.27%	$963,496	9.4K
76	PFE Pfizer Inc	COM	0.26%	$937,605	37.0K
77	BRK/B Berkshire Hathaway Inc Class B New	CL B NEW	0.26%	$932,015	1.8K
78	GLW Corning Inc	COM	0.26%	$904,521	19.8K
79	DD DuPont de Nemours Inc	COM	0.24%	$861,135	11.5K
80	SPTL SPDR Portfolio Long Term Treasury ETF	PORTFOLIO LN TSR	0.24%	$856,155	31.4K
81	IBM International Business Machines	COM	0.23%	$813,367	3.3K
82	HAL Halliburton Co	COM	0.23%	$806,791	31.8K
83	VIG Vanguard Dividend Appreciation Index ETF	DIV APP ETF	0.23%	$798,851	4.1K
84	IWF iShares Trust Russell 1000 Growth ETF	RUS 1000 GRW ETF	0.22%	$764,066	2.1K
85	MCHP Microchip Technology Inc	COM	0.21%	$735,784	15.2K
86	FCX Freeport-McMoran, Inc.	CL B	0.20%	$717,674	19.0K
87	VZ Verizon Communications	COM	0.20%	$714,102	15.7K
88	ROP Roper Industries Inc New	COM	0.19%	$657,382	1.1K
89	BIIB Biogen Idec Inc	COM	0.18%	$644,927	4.7K
90	SUB iShares Short-Term National Muni Bond ETF	SHRT NAT MUN ETF	0.18%	$626,102	5.9K
91	TIP iShares Barclays TIPS Bond Fund	TIPS BD ETF	0.17%	$587,999	5.3K
92	IWD iShares Russell 1000 Value ETF	RUS 1000 VAL ETF	0.16%	$558,271	3.0K
93	iShares iBoxx $ High Yield Corp Bond ETF	IBOXX HI YD ETF	0.15%	$539,371	6.8K
94	T AT&T Inc	COM	0.14%	$497,813	17.6K
95	MTB M & T Bank Corp	COM	0.14%	$497,640	2.8K
96	DFIC DFA Dimensional International Core Equity 2 ETF	INTL CORE EQUITY	0.14%	$481,143	17.3K
97	ITW Illinois Tool Works Inc	COM	0.13%	$463,283	1.9K
98	JNJ Johnson & Johnson	COM	0.12%	$428,199	2.6K
99	DE Deere & Co	COM	0.12%	$415,844	886
100	WMT Walmart Inc.	COM	0.12%	$409,716	4.7K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$401M	119	Apr 27, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$404M	124	Jan 28, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$404M	121	Oct 24, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$374M	118	Jul 30, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$355M	118	Apr 21, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$365M	126	Jan 31, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$333M	126	Nov 4, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$320M	118	Jul 30, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$296M	109	May 13, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$280M	111	Feb 9, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$249M	97	Nov 13, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$265M	97	Aug 11, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$256M	99	May 5, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$242M	99	Feb 14, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$213M	96	Nov 9, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$229M	101	Aug 4, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$271M	100	May 12, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$279M	104	Jan 24, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$261M	103	Nov 4, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$267M	103	Aug 2, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$253M	98	May 11, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$227M	100	Feb 9, 2021	13F-HR	changes · 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 ↗.