BUFFALO BUSINESS & ESTATE SERVICES LTD

Q4 2025 13F Holdings Report, Stock Holdings

Signature - Title: John Ring - Compliance Officer
Location: Orchard Park, NY
Holdings as of: 31 Dec 2025
Value $: $695,955,912
Num holdings: 101
Filing time: 20 Jan 2026, 21:24:52 UTC
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included VCIT, NVDA, VTV, AGG, and AAPL.
SEC: View on sec.gov

Sym	Weight	Trade Impact	Company	Class	Share Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
John Ring	Compliance Officer	Orchard Park, New York	20 Jan 2026