Community Financial System Inc. (CBU)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	7,556,770	$507,210,415	0.01%
2.	Fmr Llc	3,678,108	$246,874,581	0.01%
3.	Vanguard Portfolio Management Llc	3,549,062	$238,213,041	0.01%
4.	Neuberger Berman Group Llc	3,456,640	$232,009,684	0.15%
5.	State Street Corp	3,313,651	$223,932,751	0.01%