Strategic Financial Services, Inc, 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AT&T Inc.	COM	00206R102	611	18,749	SH		SOLE		18,749	0	0
Alphabet, Inc. - Class A	COM	02079K305	702	1,100	SH		SOLE		1,100	0	0
Alphabet, Inc. - Class C Non-V	COM	02079K107	3,701	6,083	SH		SOLE		6,083	0	0
Anthem, Inc.	COM	036752103	3,516	25,115	SH		SOLE		25,115	0	0
Apple Inc.	COM	037833100	8,583	77,813	SH		SOLE		77,813	0	0
BHP Billiton Ltd.	COM	088606108	1,898	60,025	SH		SOLE		60,025	0	0
Baxalta Inc.	COM	07177M103	1,565	49,673	SH		SOLE		49,673	0	0
Baxter International Inc.	COM	071813109	1,632	49,688	SH		SOLE		49,688	0	0
BlackRock, Inc.	COM	09247X101	3,331	11,198	SH		SOLE		11,198	0	0
Boeing Co.	COM	097023105	2,515	19,205	SH		SOLE		19,205	0	0
Care Capital Properties Inc.	COM	141624106	365	11,078	SH		SOLE		11,078	0	0
Carters Inc.	COM	146229109	2,612	28,815	SH		SOLE		28,815	0	0
Caterpillar Inc.	COM	149123101	2,841	43,465	SH		SOLE		43,465	0	0
Chevron Corp.	COM	166764100	2,824	35,797	SH		SOLE		35,797	0	0
Church & Dwight Co. Inc.	COM	171340102	1,449	17,265	SH		SOLE		17,265	0	0
Coca Cola Co.	COM	191216100	2,916	72,685	SH		SOLE		72,685	0	0
Cognizant Technology Solutions	COM	192446102	4,089	65,316	SH		SOLE		65,316	0	0
Colgate Palmolive Co.	COM	194162103	3,463	54,565	SH		SOLE		54,565	0	0
Costco Wholesale Corp.	COM	22160K105	1,543	10,670	SH		SOLE		10,670	0	0
Deere & Co.	COM	244199105	2,774	37,490	SH		SOLE		37,490	0	0
Dollar Tree, Inc.	COM	256746108	3,008	45,121	SH		SOLE		45,121	0	0
DuPont de Nemours	COM	263534109	1,709	35,464	SH		SOLE		35,464	0	0
EMC Corp.	COM	268648102	2,785	115,276	SH		SOLE		115,276	0	0
EOG Resources, Inc.	COM	26875P101	2,950	40,525	SH		SOLE		40,525	0	0
Expedia, Inc.	COM	30212P303	3,838	32,610	SH		SOLE		32,610	0	0
Exxon Mobil Corp.	COM	30231G102	6,887	92,623	SH		SOLE		92,623	0	0
Fastenal Co.	COM	311900104	1,700	46,445	SH		SOLE		46,445	0	0
General Electric Co.	COM	369604103	4,251	168,552	SH		SOLE		168,552	0	0
HSBC Holdings PLC ADR	COM	404280406	2,744	72,450	SH		SOLE		72,450	0	0
Halliburton Co.	COM	406216101	3,213	90,895	SH		SOLE		90,895	0	0
Hexcel Corp.	COM	428291108	2,771	61,775	SH		SOLE		61,775	0	0
Honeywell International Inc.	COM	438516106	3,526	37,238	SH		SOLE		37,238	0	0
Intel Corp.	COM	458140100	1,337	44,364	SH		SOLE		44,364	0	0
International Business Machine	COM	459200101	2,911	20,078	SH		SOLE		20,078	0	0
JP Morgan Chase & Co.	COM	46625H100	4,414	72,402	SH		SOLE		72,402	0	0
Johnson & Johnson	COM	478160104	2,490	26,672	SH		SOLE		26,672	0	0
Johnson Controls Inc.	COM	478366107	2,475	59,851	SH		SOLE		59,851	0	0
M&T Bank Corp.	COM	55261F104	5,311	43,554	SH		SOLE		43,554	0	0
Market Vectors Biotech ETF	COM	57060U183	2,467	21,580	SH		SOLE		21,580	0	0
Materials Select Sector SPDR	COM	81369Y100	2,772	69,430	SH		SOLE		69,430	0	0
McCormick & Co. Inc.	COM	579780206	3,128	38,065	SH		SOLE		38,065	0	0
McDonalds Corp.	COM	580135101	2,589	26,273	SH		SOLE		26,273	0	0
McKesson Corp.	COM	58155Q103	3,437	18,575	SH		SOLE		18,575	0	0
Medtronic, Plc.	COM	G5960L103	3,556	53,119	SH		SOLE		53,119	0	0
Merck & Co.	COM	58933Y105	2,150	43,530	SH		SOLE		43,530	0	0
Microsoft Corp.	COM	594918104	4,051	91,527	SH		SOLE		91,527	0	0
Mondelez International, Inc.	COM	609207105	2,900	69,267	SH		SOLE		69,267	0	0
Mylan NV	COM	N59465109	1,923	47,767	SH		SOLE		47,767	0	0
NXP Semiconductors	COM	N6596X109	2,967	34,074	SH		SOLE		34,074	0	0
NextEra Energy, Inc.	COM	65339f101	3,346	34,296	SH		SOLE		34,296	0	0
Nike Inc.	COM	654106103	3,016	24,524	SH		SOLE		24,524	0	0
Nordstrom, Inc.	COM	655664100	2,156	30,060	SH		SOLE		30,060	0	0
Occidental Petroleum Corp.	COM	674599105	2,304	34,823	SH		SOLE		34,823	0	0
Oracle Corp.	COM	68389X105	2,871	79,490	SH		SOLE		79,490	0	0
PPG Industries Inc.	COM	693506107	218	2,488	SH		SOLE		2,488	0	0
Pepsico Inc.	COM	713448108	3,788	40,170	SH		SOLE		40,170	0	0
Pfizer Inc.	COM	717081103	4,301	136,930	SH		SOLE		136,930	0	0
Phillips 66	COM	718546104	1,453	18,903	SH		SOLE		18,903	0	0
Priceline Group Inc.	COM	741503403	3,060	2,474	SH		SOLE		2,474	0	0
Procter & Gamble Co.	COM	742718109	2,745	38,161	SH		SOLE		38,161	0	0
Prudential Financial	COM	744320102	2,408	31,603	SH		SOLE		31,603	0	0
QUALCOMM, Inc.	COM	747525103	2,901	53,990	SH		SOLE		53,990	0	0
Schlumberger Ltd.	COM	806857108	3,206	46,488	SH		SOLE		46,488	0	0
Sirona Dental Systems Inc.	COM	82966C103	3,773	40,425	SH		SOLE		40,425	0	0
Skyworks Solutions Inc.	COM	83088M102	3,161	37,542	SH		SOLE		37,542	0	0
Spectra Energy	COM	847560109	1,678	63,891	SH		SOLE		63,891	0	0
T. Rowe Price Group Inc.	COM	74144T108	2,216	31,884	SH		SOLE		31,884	0	0
The Bank of New York Mellon Co	COM	064058100	3,859	98,577	SH		SOLE		98,577	0	0
The Travelers Companies, Inc.	COM	89417E109	2,898	29,114	SH		SOLE		29,114	0	0
Time Warner Inc.	COM	887317303	3,225	46,915	SH		SOLE		46,915	0	0
Ulta Salon, Cosmetics & Fragra	COM	90384S303	3,859	23,622	SH		SOLE		23,622	0	0
Union Pacific Corporation	COM	907818108	2,517	28,465	SH		SOLE		28,465	0	0
United Technologies Corp.	COM	913017109	2,167	24,347	SH		SOLE		24,347	0	0
UnitedHealth Group Inc.	COM	91324P102	4,114	35,460	SH		SOLE		35,460	0	0
Ventas Inc.	COM	92276F100	2,461	43,900	SH		SOLE		43,900	0	0
Verizon Communications Inc.	COM	92343V104	4,433	101,895	SH		SOLE		101,895	0	0
Visa Inc.	COM	92826C839	4,359	62,582	SH		SOLE		62,582	0	0
WEC Energy Group	COM	92939U106	3,048	58,363	SH		SOLE		58,363	0	0
Wal-Mart Stores	COM	931142103	2,564	39,548	SH		SOLE		39,548	0	0
Walt Disney Co.	COM	254687106	2,664	26,065	SH		SOLE		26,065	0	0
Williams-Sonoma, Inc.	COM	969904101	3,261	42,715	SH		SOLE		42,715	0	0
Xylem Inc.	COM	98419M100	1,759	53,549	SH		SOLE		53,549	0	0
Yum Brands Inc.	COM	988498101	1,492	18,667	SH		SOLE		18,667	0	0
PowerShares DB Commodity Index	ETF	73935S105	9,791	646,276	SH		SOLE		646,276	0	0
S&P 500 Depository Receipt	ETF	78462F103	245	1,278	SH		SOLE		1,278	0	0
SPDR Gold Trust	ETF	78463V107	8,014	74,996	SH		SOLE		74,996	0	0
Vanguard Small-Cap Value Inde	ETF	922908611	215	2,217	SH		SOLE		2,217	0	0
Vanguard Dividend Appreciation	ETF	921908844	6,848	92,871	SH		SOLE		92,871	0	0
Vanguard FTSE All-World ex-US	ETF	922042775	4,663	109,393	SH		SOLE		109,393	0	0
Vanguard Index Fund Small Cap	ETF	922908751	240	2,227	SH		SOLE		2,227	0	0
Vanguard REIT Index	ETF	922908553	8,640	114,379	SH		SOLE		114,379	0	0
Vanguard Total Stock Market ET	ETF	922908769	1,770	17,932	SH		SOLE		17,932	0	0
iShares Core MSCI Emerging Mar	ETF	46434G103	12,519	313,845	SH		SOLE		313,845	0	0
iShares MSCI EAFE Index Fund	ETF	464287465	34,662	604,717	SH		SOLE		604,717	0	0
iShares MSCI Emerging Markets	ETF	464287234	9,862	300,840	SH		SOLE		300,840	0	0
iShares Russell 1000 Growth In	ETF	464287614	8,593	92,395	SH		SOLE		92,395	0	0
iShares Russell 2000 Index	ETF	464287655	14,101	129,134	SH		SOLE		129,134	0	0