Hudson Valley Investment Advisors 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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
3M COMPANY	COM	885794101	904	4,694	SH		SOLE		2,594	0	2,100
ABBOTT LABORATORIES	COM	002824100	1,755	14,643	SH		SOLE		3,099	0	11,544
ABBVIE INC COM	COM	002874109	1,413	13,056	SH		SOLE		5,649	0	7,407
ADOBE SYSTEMS INC	COM	00724F101	14,248	29,972	SH		SOLE		22,184	0	7,788
ADSOUTH PARTNERS INC (NV)	COM	00737M200	0	10,001	SH		SOLE		0	0	10,001
ALBEMARLE CORP	COM	012653101	329	2,250	SH		SOLE		2,250	0	0
ALPHABET INC CLASS A	COM	02079K305	627	304	SH		SOLE		294	0	10
ALPHABET INC CLASS C	COM	02079K107	13,626	6,587	SH		SOLE		5,097	0	1,490
ALTRIA GROUP INC	COM	02209S103	236	4,617	SH		SOLE		4,117	0	500
AMAZON COM INC	COM	023135106	11,272	3,643	SH		SOLE		2,807	0	836
AMERICAN EXPRESS CORP	COM	025816109	1,216	8,600	SH		SOLE		7,295	0	1,305
AMERN TOWER CORP CLASS A	COM	03027X100	5,863	24,526	SH		SOLE		18,300	0	6,226
AMGEN INC COM	COM	031162100	727	2,920	SH		SOLE		2,060	0	860
ANNALY CAPITAL MANAGEMENT	COM	035710409	174	20,200	SH		SOLE		20,200	0	0
APOLLO INVESTMENT GROUP	COM	03761U502	172	12,500	SH		SOLE		12,500	0	0
APPLE, INC.	COM	037833100	20,127	164,774	SH		SOLE		123,446	0	41,328
AT & T INC	COM	00206R102	1,813	59,884	SH		SOLE		47,638	0	12,246
ATHERSYS INC	COM	04744L106	40	22,500	SH		SOLE		2,500	0	20,000
ATRION CORP	COM	049904105	321	500	SH		SOLE		0	0	500
AUTO DATA PROCESSING	COM	053015103	4,245	22,526	SH		SOLE		14,120	0	8,406
AUTOZONE INC	COM	053332102	1,254	893	SH		SOLE		742	0	151
BALCHEM CORP	COM	057665200	451	3,593	SH		SOLE		2,950	0	643
BALL CORP	COM	058498106	297	3,500	SH		SOLE		0	0	3,500
BANKAMERICA CORP	COM	060505104	7,888	203,877	SH		SOLE		171,392	0	32,485
THE BANK OF NY MELLON CORP	COM	064058100	1,066	22,550	SH		SOLE		20,615	0	1,935
BERKSHIRE BANCORP INC DEL COM	COM	084597202	120	12,298	SH		SOLE		12,298	0	0
BLACKROCK MUNIENHANCED FD INC	COM	09253Y100	215	6,950	SH		SOLE		6,950	0	0
BOEING CO	COM	097023105	2,337	9,173	SH		SOLE		6,798	0	2,375
BP PLC ADR	COM	055622104	244	10,010	SH		SOLE		9,635	0	375
BRISTOL-MYERS SQUIBB CO	COM	110122108	1,572	24,903	SH		SOLE		21,666	0	3,237
BROADCOM LTD	COM	Y09827109	7,314	15,774	SH		SOLE		11,038	0	4,736
CABOT OIL & GAS CORP	COM	127097103	954	50,807	SH		SOLE		41,755	0	9,052
CARDINAL HEALTH INC	COM	14149Y108	438	7,202	SH		SOLE		7,202	0	0
CARMAX INC	COM	143130102	1,223	9,221	SH		SOLE		6,612	0	2,609
CATERPILLAR INC	COM	149123101	946	4,079	SH		SOLE		2,829	0	1,250
Cellcube Energy Storage Sys Inc Com	COM	15116L102	1	15,000	SH		SOLE		15,000	0	0
CHARLES SCHWAB CORP	COM	808513105	215	3,301	SH		SOLE		3,301	0	0
CHEVRON CORP	COM	166764100	2,755	26,288	SH		SOLE		19,631	0	6,657
CHIPOTLE MEXICAN GRILL INC. COM	COM	169656105	1,635	1,151	SH		SOLE		1,151	0	0
CHUBB LTD	COM	H1467J104	750	4,747	SH		SOLE		4,498	0	249
CIENA CORP	COM	171779309	2,414	44,113	SH		SOLE		40,531	0	3,582
CIGNA CORP	COM	125523100	468	1,937	SH		SOLE		1,554	0	383
CISCO SYSTEMS INC	COM	17275R102	4,363	84,366	SH		SOLE		74,691	0	9,675
CITRIX SYSTEMS INC	COM	177376100	1,256	8,950	SH		SOLE		8,950	0	0
COCA COLA COMPANY	COM	191216100	403	7,655	SH		SOLE		3,855	0	3,800
COMCAST CORP NEW CL A	COM	20030N101	6,317	116,740	SH		SOLE		90,737	0	26,003
COMMERCIAL METALS CO	COM	201723103	486	15,745	SH		SOLE		15,745	0	0
CONOCOPHILLIPS	COM	20825C104	2,274	42,936	SH		SOLE		31,796	0	11,140
CORNING INC	COM	219350105	1,197	27,512	SH		SOLE		22,787	0	4,725
COSTCO WHSL CORP NEW	COM	22160K105	2,609	7,402	SH		SOLE		5,980	0	1,422
CSW INDUSTRIALS INC	COM	126402106	447	3,312	SH		SOLE		3,312	0	0
C S X CORP	COM	126408103	5,983	62,051	SH		SOLE		50,874	0	11,177
CVS HEALTH CORP	COM	126650100	1,597	21,231	SH		SOLE		20,476	0	755
DANAHER CORP	COM	235851102	7,658	34,022	SH		SOLE		26,697	0	7,325
DOLLAR GENERAL CORPORATION	COM	256677105	4,837	23,872	SH		SOLE		17,803	0	6,069
DOW INC	COM	260557103	282	4,408	SH		SOLE		4,362	0	46
DUKE ENERGY CORPORATION	COM	26441C204	3,901	40,414	SH		SOLE		29,216	0	11,198
EAGLE POINT CREDIT CO LLC	COM	269808101	126	10,500	SH		SOLE		10,500	0	0
ELI LILLY & COMPANY	COM	532457108	11,123	59,540	SH		SOLE		19,699	0	39,841
EMERSON ELECTRIC CO	COM	291011104	1,650	18,288	SH		SOLE		16,834	0	1,454
ENBRIDGE INC	COM	29250N105	1,972	54,180	SH		SOLE		44,659	0	9,521
EXXON MOBIL CORPORATION	COM	30231G102	4,296	76,949	SH		SOLE		56,592	0	20,357
FACEBOOK INC CL A	COM	30303M102	11,211	38,063	SH		SOLE		28,946	0	9,117
FEDEX CORPORATION	COM	31428X106	4,646	16,356	SH		SOLE		13,902	0	2,454
GENERAL ELECTRIC COMPANY	COM	369604103	396	30,133	SH		SOLE		4,200	0	25,933
GOLDMAN SACHS GROUP INC	COM	38141G104	1,135	3,472	SH		SOLE		3,422	0	50
HALLIBURTON COMPANY	COM	406216101	268	12,480	SH		SOLE		10,480	0	2,000
HONEYWELL INTERNATIONAL	COM	438516106	5,710	26,305	SH		SOLE		20,060	0	6,245
ILLINOIS TOOL WORKS INC	COM	452308109	704	3,180	SH		SOLE		1,125	0	2,055
ILLUMINA INC	COM	452327109	6,754	17,586	SH		SOLE		13,039	0	4,547
INTEL CORP	COM	458140100	4,291	67,054	SH		SOLE		58,113	0	8,941
INTL BUSINESS MACHINES	COM	459200101	1,558	11,692	SH		SOLE		8,290	0	3,402
INTL FLAVOR & FRAGRANCES	COM	459506101	826	5,918	SH		SOLE		5,918	0	0
INTUITIVE SURGICAL INC NEW	COM	46120E602	21,145	28,615	SH		SOLE		100	0	28,515
INVESCO QQQ TR UNIT SER 1	COM	46090E103	4,125	12,925	SH		SOLE		8,822	0	4,103
IRON MOUNTAIN INC	COM	46284V101	237	6,400	SH		SOLE		6,400	0	0
ISHARES TR CORE S&P SMALL-CAP ETF	COM	464287804	699	6,437	SH		SOLE		55	0	6,382
ISHARES TR MSCI EAFE ETF	COM	464287465	693	9,140	SH		SOLE		3,960	0	5,180
ISHARES TR MSCI EMERGING MKTS INDEX FD	COM	464287234	322	6,043	SH		SOLE		4,165	0	1,878
ISHARES NORTH AMERICAN TECH	COM	464287549	292	810	SH		SOLE		0	0	810
ISHARES TR S&P US PFD STK INDE	COM	464288687	20,505	533,973	SH		SOLE		441,768	0	92,205
ISHARES US TECHNOLOGY ETF	COM	464287721	479	5,460	SH		SOLE		0	0	5,460
JEFFERSONVILLE BANCORP	COM	47559A103	543	29,641	SH		SOLE		29,641	0	0
JOHNSON & JOHNSON	COM	478160104	5,322	32,380	SH		SOLE		26,718	0	5,662
JP MORGAN CHASE & CO	COM	46625H100	13,227	86,886	SH		SOLE		65,594	0	21,292
KIMBERLY-CLARK CORP	COM	494368103	226	1,625	SH		SOLE		500	0	1,125
L3HARRIS TECHNOLOGIES INC	COM	502431109	504	2,486	SH		SOLE		2,201	0	285
LENNAR CORP	COM	526057104	766	7,562	SH		SOLE		5,979	0	1,583
LIFE STORAGE INC	COM	53223X107	275	3,202	SH		SOLE		600	0	2,602
LINCOLN ELEC HLDGS INC	COM	533900106	1,836	14,936	SH		SOLE		12,345	0	2,591
LOCKHEED MARTIN CORP	COM	539830109	2,558	6,922	SH		SOLE		5,174	0	1,748
LOWES COMPANIES INC	COM	548661107	667	3,509	SH		SOLE		2,684	0	825
LUMEN TECHNOLOGIES	COM	156700106	200	15,000	SH		SOLE		15,000	0	0
LYONDELLBASELL INDUSTRIES NV	COM	N53745100	223	2,146	SH		SOLE		1,341	0	805
M & T BANK CORP	COM	55261F104	1,151	7,592	SH		SOLE		6,942	0	650
MARSH & MCLENNAN CO INC	COM	571748102	6,159	50,563	SH		SOLE		39,694	0	10,869
MASCO CORP	COM	574599106	238	3,970	SH		SOLE		3,100	0	870
MCDONALDS CORP	COM	580135101	1,556	6,943	SH		SOLE		4,330	0	2,613
MEDTRONIC PLC	COM	G5960L103	15,565	131,763	SH		SOLE		21,031	0	110,732
MERCK & CO INC	COM	58933Y105	3,636	47,161	SH		SOLE		36,678	0	10,483
METLIFE INC	COM	59156R108	377	6,202	SH		SOLE		6,052	0	150
MICROSOFT CORP	COM	594918104	30,034	127,386	SH		SOLE		104,613	0	22,773
MONDELEZ INTL INC CL A	COM	609207105	1,853	31,654	SH		SOLE		25,335	0	6,319
MORGAN STANLEY	COM	617446448	3,809	49,053	SH		SOLE		38,345	0	10,708
NEW RESIDENTIAL INVT CORP	COM	64828T201	127	11,300	SH		SOLE		11,300	0	0
NEXTERA ENERGY INC.	COM	302571104	1,728	22,854	SH		SOLE		16,054	0	6,800
NIKE INC CLASS B	COM	654106103	6,090	45,831	SH		SOLE		33,330	0	12,501
NORFOLK SOUTHERN CORP	COM	655844108	692	2,578	SH		SOLE		2,393	0	185
NORTHROP GRUMMAN CORP	COM	666807102	984	3,040	SH		SOLE		3,010	0	30
NUVEEN MUNICIPAL CREDIT INCOME FD	COM	67071L106	177	10,500	SH		SOLE		10,500	0	0
NUVEEN AMT FREE MUN INCOME FD	COM	670657105	326	22,000	SH		SOLE		22,000	0	0
NUVEEN MUN HIGH INCOME OPP FD	COM	670682103	166	11,500	SH		SOLE		11,500	0	0
NUVEEN MUNICIPAL CR INCOME FD	COM	67070X101	170	10,500	SH		SOLE		10,500	0	0
NUVEEN MUNICIPAL VALUE FUND INC	COM	670928100	1,676	150,486	SH		SOLE		149,136	0	1,350
NVIDIA CORP	COM	67066G104	8,770	16,426	SH		SOLE		13,766	0	2,660
OCEANFIRST FINL CORP	COM	675234108	3,352	140,000	SH		SOLE		140,000	0	0
ORACLE CORPORATION	COM	68389X105	2,863	40,796	SH		SOLE		39,446	0	1,350
ORANGE CNTY BANCORP INC	COM	68417L107	19,283	627,077	SH		SOLE		0	0	627,077
OSHKOSH CORP	COM	688239201	1,505	12,682	SH		SOLE		8,658	0	4,024
PEPSICO INCORPORATED	COM	713448108	8,180	57,829	SH		SOLE		44,304	0	13,525
PERKINELMER INC	COM	714046109	2,802	21,845	SH		SOLE		16,603	0	5,242
PFIZER INCORPORATED	COM	717081103	5,031	138,859	SH		SOLE		117,362	0	21,497
PHILLIPS 66	COM	718546104	957	11,738	SH		SOLE		9,012	0	2,726
PNC FINANCIAL SERVICES	COM	693475105	1,643	9,368	SH		SOLE		5,488	0	3,880
PPL CORPORATION	COM	69351T106	579	20,077	SH		SOLE		18,847	0	1,230
PROCTER & GAMBLE CO	COM	742718109	3,291	24,299	SH		SOLE		18,844	0	5,455
PROLOGICS INC.	COM	74340W103	2,462	23,226	SH		SOLE		18,829	0	4,397
QUALCOMM INC	COM	747525103	481	3,630	SH		SOLE		3,630	0	0
RAYTHEON COMPANY NEW	COM	755111507	1,197	15,485	SH		SOLE		6,668	0	8,817
RESMED INC	COM	761152107	2,352	12,125	SH		SOLE		0	0	12,125
ROYAL CARIBBEAN CRUISES LTD	COM	761152107	683	7,973	SH		SOLE		5,222	0	2,751
ROYAL DUTCH SHELL SPON ADR	COM	780259206	332	8,474	SH		SOLE		8,324	0	150
SALESFORCE COM	COM	79466L302	7,068	33,358	SH		SOLE		24,844	0	8,514
SPDR HEALTH CARE SELECT SECTOR TR	COM	81369Y209	252	2,160	SH		SOLE		60	0	2,100
SHERWIN WILLIAMS CO	COM	824348106	6,709	9,091	SH		SOLE		6,818	0	2,273
SONOS INC	COM	83570H108	384	10,250	SH		SOLE		10,250	0	0
SOUTHWEST AIRLINES CO	COM	844741108	1,146	18,776	SH		SOLE		16,445	0	2,331
SPDR S&P 500 ETF TR	COM	78462F103	9,101	22,962	SH		SOLE		9,384	0	13,578
SPDR S&P MIDCAP 400 ETF TR	COM	78467Y107	2,257	4,742	SH		SOLE		720	0	4,022
SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	COM	78463X889	256	7,226	SH		SOLE		1,145	0	6,081
SPDR PORTFOLIO EMERGING MARKETS ETF	COM	78463X509	381	8,704	SH		SOLE		1,490	0	7,214
SPDR SER TR BLOOMBERG BARCLAYS INTER TERM CORP BD ETF	COM	78464A375	699	19,276	SH		SOLE		0	0	19,276
SPDR PORTFOLIO S&P 400 MID CAP ETF	COM	78464A847	225	4,922	SH		SOLE		787	0	4,135
SPDR PORTFILIO S&P 500 GROWTH	COM	78464A409	282	5,007	SH		SOLE		3	0	5,004
SPDR PORTFILIO S&P 500 VALUE	COM	78464A508	247	6,511	SH		SOLE		0	0	6,511
SPDR PORTFOLIO S&P 600 SMALL CAP ETF	COM	78468R853	578	13,682	SH		SOLE		2,132	0	11,550
SPDR PORTFOLIO SHORT TERM CORPORATE BD ETF	COM	78464A474	3,575	114,169	SH		SOLE		0	0	114,169
STARBUCKS CORP	COM	855244109	3,868	35,398	SH		SOLE		27,087	0	8,311
STERLING BANCORP DEL COM	COM	85917A100	4,044	175,681	SH		SOLE		175,681	0	0
SUNOCO LP COM	COM	86765K109	382	12,000	SH		SOLE		12,000	0	0
SYSCO CORPORATION	COM	871829107	1,262	16,032	SH		SOLE		13,467	0	2,565
T. ROWE PRICE GROUP INC	COM	74144T108	519	3,025	SH		SOLE		3,025	0	0
TESLA MTRS INC	COM	88160R101	264	395	SH		SOLE		395	0	0
AES CORP	COM	00130H105	2,213	82,548	SH		SOLE		73,324	0	9,224
ESTEE LAUDER COMPANIES INC CL A	COM	518439104	6,101	20,976	SH		SOLE		15,204	0	5,772
THE HOME DEPOT INC	COM	437076102	17,789	58,278	SH		SOLE		47,866	0	10,412
THE KRAFT HEINZ CO	COM	500754106	384	9,598	SH		SOLE		8,723	0	875
THERMO FISHER SCIENTIFIC INC.	COM	883556102	15,030	32,934	SH		SOLE		26,399	0	6,535
TORONTO DOMINION BK	COM	891160509	286	4,385	SH		SOLE		2,075	0	2,310
TRUIST FINANCIAL CORP	COM	89832Q109	1,074	18,414	SH		SOLE		16,992	0	1,422
TWO HARBORS INVESTMENT CORP	COM	90187B408	91	12,350	SH		SOLE		12,350	0	0
UNITED HEALTHCARE CORP	COM	91324P102	8,855	23,798	SH		SOLE		17,658	0	6,140
US BANCORP DEL NEW	COM	902973304	202	3,650	SH		SOLE		100	0	3,550
VALERO ENERGY CORP	COM	91913Y100	496	6,930	SH		SOLE		3,205	0	3,725
VANGUARD ADMIRAL FDS INC S&P SMALLCAP 600 INDEX FD	COM	921932828	587	2,950	SH		SOLE		2,950	0	0
VANGUARD EMERGING MARKETS ETF	COM	922042858	583	11,200	SH		SOLE		11,200	0	0
VANGUARD FTSE DEVELOPED MARKETS ETF	COM	921943858	608	12,375	SH		SOLE		12,375	0	0
VANGUARD INDEX FD S&P 500 ETF	COM	922908363	214	588	SH		SOLE		0	0	588
VERIZON COMMUNICATIONS	COM	92343V104	7,355	126,475	SH		SOLE		103,124	0	23,351
VISA INC	COM	92826C839	6,841	32,312	SH		SOLE		23,348	0	8,964
WALGREEN BOOTS ALLIANCE INC	COM	931427108	366	6,667	SH		SOLE		6,667	0	0
WAL-MART STORES INC	COM	931142103	3,937	28,983	SH		SOLE		20,564	0	8,419
DISNEY WALT CO	COM	254687106	8,352	45,262	SH		SOLE		33,612	0	11,650
WILLIAMS COMPANIES	COM	969457100	361	15,259	SH		SOLE		14,819	0	440
WORLDS INC	COM	98159J200	67	153,350	SH		SOLE		153,350	0	0
XILINX INC	COM	983919101	3,495	28,207	SH		SOLE		20,210	0	7,997