Instuitional Investor - Hudson Valley Investment Advisors Inc V

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust		1,311,594	$43,990,863	5.7%
2.	Eli Lilly & Co	LLY	42,838	$39,401,100	5.11%
3.	Spdr Series Trust		1,163,729	$34,993,332	4.54%
4.	Orange County Bancorp Inc.	OBT	1,061,490	$33,946,449	4.4%
5.	Nvidia Corp	NVDA	185,997	$32,438,044	4.2%