Instuitional Investor - Canandaigua National Bank & Trust Co

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	720,703	$66,729,891	6.56%
2.	Spdr Series Trust		512,400	$45,039,960	4.43%
3.	Spdr S & P 500 Etf Trust	SPY	67,888	$39,787,799	3.91%
4.	Microsoft Corp	MSFT	84,671	$35,688,827	3.51%
5.	Apple Inc.	AAPL	135,307	$33,883,579	3.33%