Managers / Q4 2022 · view latest →

VALICENTI ADVISORY SERVICES INC

CIK 0001080201 · 400 EAST WATER STREET, ELMIRA, NY, 14901 · 6077342665

Reported Value

$275M

Q4 2022

Positions

Filings on Record

2019–present window

Filed

Jan 17, 2023

original filing

Summary

Valicenti Advisory Services Inc reported $275M in U.S.-listed holdings across 72 positions for Q4 2022.

Its largest position, SCHX, represents 8.1% of the portfolio.

Compared with Q3 2022, the fund opened 3 new positions and exited 9.

Portfolio Metrics

Turnover

+9.2%

vs prior filed quarter

Top-10 Concentration

+41.2%

share of reported value

Largest Position

+8.1%

Schwab US Large Cap

New / Exited

3 / 9

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 · 70.1% · $192M
ETP · 21.8% · $60M
Other · 5.6% · $15M
ADR · 2.5% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
PPH VANECK PHARMACEUTICAL ETF	NEW	+71.9K	71.9K	+$6M	$6M
VANGUARD ITM-TERM TREASURY ETF	NEW	+42.0K	42.0K	+$2M	$2M
SCHF SCHWAB INTERNATIONAL EQUITY	NEW	+6.8K	6.8K	+$221,000	$221,000
PK PARK HOTELS & RESORTS INC	SOLD OUT	−167.7K	0	−$2M	$0
IXJ ISHARES GLOBAL HEALTHCARE ETF	SOLD OUT	−23.9K	0	−$2M	$0
BSCQ INVESCO BULLETSHARES 2026 CORP	SOLD OUT	−90.1K	0	−$2M	$0
MAXAR TECHNOLOGIES INC	SOLD OUT	−64.6K	0	−$1M	$0
NULG NUVEEN ESG LARGE-CAP GROWTH ET	SOLD OUT	−23.4K	0	−$1M	$0

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

Holdings — Q4 2022

71 positions (from 72 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	SCHX SCHWAB US LARGE-CAP history →	COM	8.14%	$22M	494.8K
2	AAPL APPLE INC history →	COM	5.85%	$16M	123.6K
3	AMZN AMAZON COM INC history →	COM	4.55%	$12M	148.6K
4	MSFT MICROSOFT CORP history →	COM	4.28%	$12M	49.0K
5	JPM J.P. MORGAN CHASE & CO history →	COM	3.49%	$10M	71.4K
6	ISRG INTUITIVE SURGICAL history →	COM	3.23%	$9M	33.4K
7	CVX CHEVRON CORP history →	COM	3.01%	$8M	46.0K
8	GOOGL ALPHABET INC CLASS A	COM	2.98%	$8M	92.7K
9	NEM NEWMONT MINING CORP history →	COM	2.86%	$8M	166.4K
10	IBB ISHARES NASDAQ BIOTECH INDX history →	COM	2.85%	$8M	59.6K
11	RTX RAYTHEON TECHNOLOGIES CO history →	COM	2.81%	$8M	76.5K
12	WMT WAL-MART STORES INC history →	COM	2.70%	$7M	52.4K
13	VZ VERIZON COMMUNICATIONS history →	COM	2.57%	$7M	179.1K
14	VISA INC CL A	COM	2.26%	$6M	29.9K
15	AMD ADVANCED MICRO DEVICES history →	COM	2.20%	$6M	93.2K
16	PPH VANECK PHARMACEUTICAL ETF history →	COM	2.04%	$6M	71.9K
17	BTI BRITISH AMERICAN TOBACCO PLC history →	COM	2.02%	$6M	138.4K
18	DISCOVER FINANCIAL SVCS	COM	2.01%	$6M	56.4K
19	MDT MEDTRONIC history →	COM	1.98%	$5M	69.8K
20	VMWARE INC	COM	1.96%	$5M	43.8K
21	SCHB SCHWAB US BROAD MARKET ETF history →	COM	1.84%	$5M	112.8K
22	PEP PEPSICO INC history →	COM	1.77%	$5M	26.9K
23	LOW LOWES COMPANIES INC history →	COM	1.60%	$4M	22.0K
24	NOC NORTHROP GRUMMAN CORP history →	COM	1.59%	$4M	8.0K
25	GRMN GARMIN LTD history →	COM	1.58%	$4M	47.1K
26	TDY TELEDYNE TECHNOLOGIES INC history →	COM	1.57%	$4M	10.8K
27	GLW CORNING INC history →	COM	1.52%	$4M	130.5K
28	BND VANGUARD TOTAL BOND MARKET IND history →	COM	1.40%	$4M	53.4K
29	KEY KEYCORP INC history →	COM	1.34%	$4M	210.8K
30	NKE NIKE INC history →	COM	1.33%	$4M	31.1K
31	ISHARES AAA - A RATED CORPORAT	COM	1.24%	$3M	73.5K
32	ZOETIS INC	COM	1.22%	$3M	22.9K
33	UNP UNION PACIFIC CORP history →	COM	1.17%	$3M	15.5K
34	PYPL PAYPAL HOLDINGS INC history →	COM	1.05%	$3M	40.5K
35	INVESCO S&P 500 LOW VOLATILIY	COM	0.99%	$3M	42.4K
36	ACTIVISION BLIZZARD INC	COM	0.98%	$3M	35.1K
37	XLE SECTOR SPDR ENERGY SELECT SHAR	COM	0.96%	$3M	30.2K
38	ASTE ASTEC INDUSTRIES INC	COM	0.94%	$3M	63.4K
39	VANGUARD ITM-TERM TREASURY ETF	COM	0.90%	$2M	42.0K
40	DELL DELL INC	COM	0.84%	$2M	57.2K
41	INTC INTEL CORP	COM	0.83%	$2M	86.7K
42	JEPI JPMORGAN EQUITY PREMIUM INCOME	COM	0.80%	$2M	40.5K
43	KO COCA-COLA CO	COM	0.71%	$2M	30.6K
44	IBM INTL BUSINESS MACHINES	COM	0.66%	$2M	12.8K
45	DIS WALT DISNEY CO	COM	0.56%	$2M	17.6K
46	GS GOLDMAN SACHS GROUP INC	COM	0.53%	$1M	4.3K
47	ABBNY ABB LTD	COM	0.52%	$1M	46.9K
48	MO ALTRIA GROUP INC	COM	0.49%	$1M	29.4K
49	JPMORGAN DIVERSIFIED RETURN IN	COM	0.45%	$1M	25.2K
50	SJNK SPDR BLMB BARCL SHORT TERM HIG	COM	0.45%	$1M	50.6K
51	SPDR S&P 600 SMALL CAP ETF	COM	0.43%	$1M	31.6K
52	SPY SPDR S&P 500 ETF	COM	0.41%	$1M	2.9K
53	EXMOC EXXON MOBIL CORP	COM	0.39%	$1M	9.6K
54	SCHZ SCHWAB US AGGREGATE BOND	COM	0.37%	$1M	22.3K
55	PM PHILIP MORRIS INTERNATIONAL IN	COM	0.36%	$976,000	9.6K
56	CORP PIMCO INVESTMENT GRADE CORP BO	COM	0.34%	$924,000	9.9K
57	KBWB INVESCO KBW BANK ETF	COM	0.29%	$807,000	15.6K
58	ISHARES TR COMEX GOLD	COM	0.23%	$625,000	18.1K
59	MDLZ MONDELEZ INTERNATIONAL INC	COM	0.20%	$557,000	8.4K
60	AMAT APPLIED MATERIALS INC	COM	0.18%	$487,000	5.0K
61	TGT TARGET CORP	COM	0.15%	$410,000	2.8K
62	SCHG SCHWAB U.S. LARGE-CAP GROWTH E	COM	0.14%	$398,000	7.2K
63	HYS PIMCO ETF TRUST	COM	0.13%	$360,000	4.0K
64	SCHA SCHWAB US SMALL-CAP	COM	0.12%	$341,000	8.4K
65	CSCO CISCO SYSTEMS INC	COM	0.11%	$309,000	6.5K
66	SCHD SCHWAB US DIVIDEND EQUITY ETF	COM	0.10%	$287,000	3.8K
67	QQQ INVESCO QQQ TRUST	COM	0.10%	$261,000	980
68	MRK MERCK & CO INC	COM	0.09%	$256,000	2.3K
69	RSPH INVESCO S&P 500 EQ WEIGHT HC	COM	0.09%	$241,000	835
70	SCHF SCHWAB INTERNATIONAL EQUITY	COM	0.08%	$221,000	6.8K
71	FNB F.N.B. CORP	COM	0.07%	$196,000	15.0K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$459M	84	Apr 14, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$478M	80	Jan 16, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$466M	77	Oct 17, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$428M	73	Jul 16, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$389M	71	Apr 23, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$402M	72	Jan 23, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$389M	70	Oct 23, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$372M	77	Jul 23, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$359M	81	Apr 23, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$329M	84	Jan 16, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$293M	75	Oct 18, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$315M	77	Jul 12, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$300M	77	Apr 20, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$275M	72	Jan 17, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$274M	78	Oct 18, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$306M	81	Jul 19, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$380M	83	Apr 20, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$402M	84	Jan 21, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$369M	78	Oct 21, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$362M	79	Jul 21, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$337M	77	Apr 15, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$309M	72	Jan 19, 2021	13F-HR	changes · EDGAR ↗
Q3 2020	$269M	68	Oct 16, 2020	13F-HR	changes · EDGAR ↗
Q2 2020	$246M	63	Jul 16, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	$200M	62	Apr 21, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$239M	68	Jan 21, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$210M	64	Oct 21, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$205M	63	Jul 17, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$209M	63	Apr 18, 2019	13F-HR	changes · EDGAR ↗

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 ↗.