Citizens National Bank Trust Department

CIK 1806425 · View on SEC EDGAR ↗

Portfolio value
$679.7M
#3,134 of 9,443 by 13F value · top 33.2%
Positions
381
As of
June 30, 2026

Portfolio value QoQ: +13.2% 13F does not disclose cash

Top 10 holdings weight
33.30%
Top 25 holdings weight
55.47%
Positions above 1%
29
Effective number of positions
53.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 1.27% Est. buys $12,073,019 · sells $8,149,833

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 81.9% still held

New positions
6
Increased
55
Decreased
106
Closed
7
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+40.2%
S&P 500 total return (same window)
+28.1%
Excess return
+12.1%

Annualized: +25.3% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 87.2% · Options excluded: 0.0%

Sector breakdown

Technology
25.6%
Industrials
12.4%
Healthcare
8.2%
Communication Services
6.7%
Retail
6.2%
Financials
5.3%
Energy
5.2%
Consumer Staples
5.2%
Utilities
2.9%
Financial Services
2.6%
Materials
1.7%
Consumer products
1.2%
Communications
0.8%
Consumer Discretionary
0.7%
Logistics & Transportation
0.5%
Telecommunication
0.4%
Real Estate
0.4%
Packaging
0.2%
Other/Unmapped
13.7%

Full portfolio 381 positions

Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $44,035,673 6.48% 152,183 $5,218,746 Down ×1
GOOG Alphabet Inc. - Class C Capital Stock $34,259,583 5.04% 96,962 $6,374,496 Down ×3
AVGO Broadcom Inc. - Common Stock $29,055,397 4.27% 76,917 $4,732,244 Down ×6
AMAT Applied Materials, Inc. - Common Stock $23,454,120 3.45% 32,440 $12,020,561 Down ×3
CAT Caterpillar, Inc. Common Stock $21,238,366 3.12% 19,944 $6,850,960 Down ×5
AMZN Amazon.com, Inc. - Common Stock $17,758,237 2.61% 74,508 $2,388,328 Up ×6
MU Micron Technology, Inc. - Common Stock $15,005,770 2.21% 13,000 $10,313,848 Down ×3
XOM Exxon Mobil Corporation Common Stock $14,022,003 2.06% 102,560 $-3,449,075 Down ×1
MSFT Microsoft Corporation - Common Stock $14,018,092 2.06% 37,580 $482,826 Up ×4
JNJ Johnson & Johnson Common Stock $13,466,505 1.98% 53,024 $316,122 Down ×3
JPM JP Morgan Chase & Co. Common Stock $13,194,345 1.94% 40,309 $1,288,513 Down ×2
BRKB $11,901,276 1.75% 23,784 $533,214 Up ×6
PM Philip Morris International Inc Common Stock $11,519,806 1.69% 63,677 $868,603 Down ×1
ETN Eaton Corporation, PLC Ordinary Shares $11,101,704 1.63% 26,053 $1,642,406 Down ×6
NVDA NVIDIA Corporation - Common Stock $11,001,548 1.62% 54,983 $1,489,249 Up ×1
ABBV AbbVie Inc. Common Stock $10,418,399 1.53% 41,402 $1,392,999 Down ×1
IJR $10,240,064 1.51% 69,045 $1,610,837 Down ×5
IJH $10,193,171 1.50% 132,190 $1,259,627 Down ×2
RTX RTX Corporation Common Stock $9,831,558 1.45% 51,819 $-154,427 Up ×1
CVX Chevron Corporation Common Stock $9,808,019 1.44% 59,170 $-2,434,461 Down ×1
AFL AFLAC Incorporated Common Stock $8,866,914 1.30% 75,624 $488,581 Down ×6
DELL Dell Technologies Inc. Class C Common Stock $8,617,119 1.27% 19,972 $5,209,944 Down ×3
WMT Walmart Inc. - Common Stock $8,391,320 1.23% 74,089 $-891,029 Down ×1
V Visa Inc. $8,087,317 1.19% 23,572 $1,176,599 Up ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $7,530,801 1.11% 15,769 $2,252,698 Up ×1
NEE NextEra Energy, Inc. Common Stock $7,205,917 1.06% 82,100 $-420,088 Down ×2
KO Coca-Cola Company (The) Common Stock $7,168,014 1.05% 88,200 $456,601 Down ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $7,034,122 1.03% 16,924 $2,394,856 Down ×4
PG Procter & Gamble Company (The) Common Stock $6,927,567 1.02% 47,242 $99,599 Down ×1
LOW Lowe's Companies, Inc. Common Stock $5,954,112 0.88% 27,004 $-407,727 Up ×1
MRK Merck & Company, Inc. Common Stock (new) $5,860,371 0.86% 45,606 $317,288 Down ×1
AMD Advanced Micro Devices, Inc. - Common Stock $5,716,735 0.84% 9,841 $3,576,245 Down ×1
INTF $5,620,736 0.83% 137,225 $355,136 Up ×2
PEP PepsiCo, Inc. - Common Stock $5,363,465 0.79% 39,612 $-857,918 Down ×2
CB Chubb Limited Common Stock $5,310,092 0.78% 15,584 $221,021 Down ×3
GLW Corning Incorporated Common Stock $5,118,817 0.75% 20,040 $2,301,519 Down ×6
MO Altria Group, Inc. $4,878,282 0.72% 67,801 $399,145 Down ×1
FCX Freeport-McMoRan, Inc. Common Stock $4,877,623 0.72% 77,558 $454,722 Up ×4
DGRW WisdomTree U.S. Quality Dividend Growth Fund $4,465,263 0.66% 46,698 $313,242 Down ×6
PSX Phillips 66 Common Stock $4,314,325 0.63% 25,521 $-398,854 Down ×6
HD Home Depot, Inc. (The) Common Stock $4,256,848 0.63% 12,070 $241,101 Down ×1
JPIE $4,202,845 0.62% 91,267 $534,521 Up ×3
META Meta Platforms, Inc. - Class A Common Stock $4,122,720 0.61% 7,319 $-64,127 Up ×6
DIS Walt Disney Company (The) Common Stock $3,980,226 0.59% 41,353 $19,586 Up ×2
NSC Norfolk Southern Corporation Common Stock $3,800,247 0.56% 12,080 $333,287
AEM Agnico Eagle Mines Limited Common Stock $3,798,358 0.56% 24,485 $-1,191,702 Down ×1
BRKA $3,744,250 0.55% 5 $153,550
UNP Union Pacific Corporation Common Stock $3,711,712 0.55% 13,646 $393,641 Down ×1
AEP American Electric Power Company, Inc. - Common Stock $3,697,153 0.54% 27,024 $158,779 Up ×1
SO Southern Company (The) Common Stock $3,574,481 0.53% 37,347 $-34,112 Down ×1
AMGN Amgen Inc. - Common Stock $3,415,516 0.50% 9,432 $12,775 Down ×2
FDX FedEx Corporation Common Stock $3,305,087 0.49% 10,555 $-507,820 Down ×1
QCOM QUALCOMM Incorporated - Common Stock $3,299,425 0.49% 17,855 $979,453 Down ×1
VST Vistra Corp. Common Stock $3,217,016 0.47% 20,280 $883,894 Up ×3
CSCO Cisco Systems, Inc. - Common Stock $3,203,134 0.47% 27,270 $1,083,375 Down ×6
VIG $3,114,629 0.46% 13,163 $267,450 Down ×6
AXP American Express Company Common Stock $3,099,047 0.46% 9,162 $505,281 Up ×2
CSX CSX Corporation - Common Stock $3,074,906 0.45% 64,694 $339,662 Down ×3
HON Honeywell International Inc. - Common Stock $2,891,015 0.43% 12,450 $196,511 Up ×4
MCD McDonald's Corporation Common Stock $2,866,638 0.42% 10,605 $-450,113 Down ×1
TMO Thermo Fisher Scientific Inc Common Stock $2,791,071 0.41% 5,567 $208,081 Up ×1
IBM International Business Machines Corporation Common Stock $2,655,747 0.39% 9,444 $366,616
IAU $2,550,124 0.38% 33,772 $-381,372 Up ×1
BTI British American Tobacco Industries, p.l.c. Common Stock ADR $2,540,992 0.37% 41,143 $124,076 Down ×2
GD General Dynamics Corporation Common Stock $2,527,148 0.37% 7,134 $78,617
ORCL Oracle Corporation Common Stock $2,491,350 0.37% 17,000 $-34,382 Down ×4
GS Goldman Sachs Group, Inc. (The) Common Stock $2,454,595 0.36% 2,427 $375,998 Down ×1
AZN AstraZeneca PLC - American Depositary Shares $2,438,269 0.36% 13,045 $-68,128 Up ×1
VGT $2,390,878 0.35% 20,004 $518,895 Up ×1
JAAA $2,389,641 0.35% 47,329 $-93,449 Down ×3
ABT Abbott Laboratories Common Stock $2,348,805 0.35% 25,885 $849,823 Up ×1
VLO Valero Energy Corporation Common Stock $2,247,076 0.33% 8,628 $102,916 Down ×4
VYM $2,215,265 0.33% 14,018 $66,334 Down ×4
NOC Northrop Grumman Corporation Common Stock $2,184,431 0.32% 4,289 $-741,696
LLY Eli Lilly and Company Common Stock $2,169,769 0.32% 1,809 $508,664 Up ×6
SCHI $2,169,184 0.32% 95,812 $19,097 Up ×2
NOW ServiceNow, Inc. Common Stock $2,142,562 0.32% 21,581 $-272,961 Down ×2
AER AerCap Holdings N.V. Ordinary Shares $2,091,651 0.31% 14,348 $138,619 Up ×2
VOO $2,087,902 0.31% 3,040 $271,350
ANET Arista Networks, Inc. Common Stock $2,049,602 0.30% 12,065 $566,420 Down ×1
MDLZ Mondelez International, Inc. - Class A Common Stock $2,004,503 0.29% 34,656 $-30,247 Down ×1
BA Boeing Company (The) Common Stock $1,999,533 0.29% 9,237 $159,103 Down ×1
UBER Uber Technologies, Inc. Common Stock $1,954,598 0.29% 27,087 $250,648 Up ×6
WFC Wells Fargo & Company Common Stock $1,907,496 0.28% 23,082 $69,938
TMUS T-Mobile US, Inc. - Common Stock $1,897,529 0.28% 11,313 $-480,221 Down ×2
LHX L3Harris Technologies, Inc. Common Stock $1,892,903 0.28% 6,514 $-362,307 Down ×4
C Citigroup, Inc. Common Stock $1,874,484 0.28% 13,393 $343,676 Down ×4
ADC Agree Realty Corporation Common Stock $1,801,476 0.27% 23,785 $1,100 Down ×1
FNDX $1,700,455 0.25% 54,677 $357,862 Up ×3
SGOV iShares 0-3 Month Treasury Bond ETF $1,676,156 0.25% 16,650 $-60,229 Down ×2
ADP Automatic Data Processing, Inc. - Common Stock $1,653,423 0.24% 7,383 $109,255 Down ×2
ICE Intercontinental Exchange Inc. Common Stock $1,581,348 0.23% 12,845 $-489,243 Down ×2
NUV Nuveen Municipal Value Fund, Inc. Common Stock $1,565,279 0.23% 169,770 $341,785 Up ×1
MTUM $1,558,848 0.23% 4,547 $476,013 Up ×4
MTBA $1,547,717 0.23% 31,541 $4,713 Up ×1
BMY Bristol-Myers Squibb Company Common Stock $1,518,229 0.22% 26,349 $-81,354 Down ×1
GDX GDX $1,472,331 0.22% 19,514 $-315,073 Up ×1
COST Costco Wholesale Corporation - Common Stock $1,442,495 0.21% 1,542 $-108,947 Down ×3
AMCR Amcor plc Ordinary Shares $1,428,686 0.21% 32,957 $177,594 Up ×1
WRB W.R. Berkley Corporation Common Stock $1,406,157 0.21% 19,937 $5,197 Down ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
AMZN $17,758,237 2.61% up ×6
MSFT $14,018,092 2.06% up ×4
BRKB $11,901,276 1.75% up ×6
V $8,087,317 1.19% up ×3
FCX $4,877,623 0.72% up ×4
JPIE $4,202,845 0.62% up ×3
META $4,122,720 0.61% up ×6
VST $3,217,016 0.47% up ×3
HON $2,891,015 0.43% up ×4
LLY $2,169,769 0.32% up ×6
UBER $1,954,598 0.29% up ×6
FNDX $1,700,455 0.25% up ×3
MTUM $1,558,848 0.23% up ×4
AMRZ $1,315,045 0.19% up ×3
NFLX $1,165,605 0.17% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
APH $1,026,006 5,819 0.15%
Unknown issuer (CUSIP: 314352105) $796,978 5,278 0.12%
Unknown issuer (CUSIP: 26614N201) $155,443 1,146 0.02%
VG $26,545 2,385 0.00%
NNE $4,439 210 0.00%
Unknown issuer (CUSIP: G2004J103) $2,857 100 0.00%

Top movers (QoQ)

Security Action Shares Δ Value Δ
AMAT Trimmed -1K +$12.0M
MU Trimmed -888 +$10.3M
CAT Trimmed -364 +$6.9M
GOOG Trimmed -246 +$6.4M
AAPL Trimmed -766 +$5.2M
DELL Trimmed -787 +$5.2M
AVGO Trimmed -2K +$4.7M
AMD Trimmed -681 +$3.6M
XOM Trimmed -417 -$3.4M
CVX Trimmed -1 -$2.4M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
BND Dec. 31, 2025 2,318 $172,390
DD June 30, 2026 3,440 $157,552 3.3%
MVF March 31, 2026 16,550 $114,692 No longer tracked
CADE March 31, 2026 2,200 $94,248 No longer tracked
CVS June 30, 2025 1,050 $71,138 35.7%
IEF June 30, 2025 734 $70,002
SCHH March 31, 2026 3,023 $63,150 No longer tracked
EW March 31, 2026 625 $53,281 11.6%
FLOT Dec. 31, 2025 948 $48,429 No longer tracked
OLN June 30, 2025 1,515 $36,724 -6.7%
LPG March 31, 2026 1,500 $36,510 51.3%
SPTL Dec. 31, 2025 1,343 $36,194 No longer tracked
OGN March 31, 2025 2,370 $35,360 -7.8%
VTI June 30, 2025 122 $33,530 No longer tracked
IP Dec. 31, 2025 700 $32,480 3.8%
PFF Dec. 31, 2025 1,000 $31,620
AGCO Sept. 30, 2025 300 $30,948 -2.7%
GOVT June 30, 2025 1,333 $30,639 No longer tracked
HES Sept. 30, 2025 200 $27,708 No longer tracked
NOV Dec. 31, 2025 2,000 $26,500 31.2%
TROW Dec. 31, 2025 250 $25,660 11.1%
MKL Dec. 31, 2025 12 $22,936 -16.6%
IQV March 31, 2026 100 $22,541 50.2%
OC Dec. 31, 2025 154 $21,785 32.4%
HYTR Sept. 30, 2025 1,000 $21,750 -3.0%
FBIN Dec. 31, 2025 400 $21,356 -9.9%
ULXXXX Dec. 31, 2025 358 $21,222 No longer tracked
WY June 30, 2026 867 $21,181 3.2%
UPS Dec. 31, 2025 250 $20,883 4.2%
MBB June 30, 2025 218 $20,444
QSR June 30, 2025 300 $19,992 19.6%
WDS June 30, 2026 834 $19,916 26.0%
LULU Dec. 31, 2025 104 $18,505 -43.3%
TALO March 31, 2026 1,500 $16,530 12.2%
ELV Dec. 31, 2025 45 $14,540 14.0%
BFB Sept. 30, 2025 500 $13,455 No longer tracked
IUSG June 30, 2025 103 $13,089
SHW Sept. 30, 2025 38 $13,048 0.5%
HMC Dec. 31, 2025 400 $12,320 13.1%
PAA June 30, 2026 500 $11,165 11.9%
VCIT Dec. 31, 2025 125 $10,514
LPLA Dec. 31, 2025 31 $10,313 0.4%
XLC Dec. 31, 2025 83 $9,825 No longer tracked
SPIB June 30, 2025 293 $9,739 No longer tracked
SPLV June 30, 2025 125 $9,340 No longer tracked
SWBI June 30, 2025 1,000 $9,320 61.4%
BRKR March 31, 2025 155 $9,086 41.2%
SAP March 31, 2025 34 $8,371 -19.7%
HUM March 31, 2025 32 $8,119 45.1%
HUN Dec. 31, 2025 900 $8,082 2.0%
VONV June 30, 2025 95 $7,841
CMG Dec. 31, 2025 200 $7,838 -3.0%
BUD June 30, 2025 125 $7,695 13.4%
TECK Dec. 31, 2025 175 $7,681 44.0%
MCHI June 30, 2025 140 $7,616
PLTR March 31, 2025 100 $7,563 105.0%
IUSV June 30, 2025 78 $7,199
DBMF June 30, 2025 253 $6,391 No longer tracked
VTIP June 30, 2025 123 $6,138
KRE Sept. 30, 2025 100 $5,939 No longer tracked
XLY June 30, 2025 30 $5,924 No longer tracked
PAYX June 30, 2025 38 $5,863 -16.1%
IHI June 30, 2025 90 $5,417 No longer tracked
USHY Sept. 30, 2025 143 $5,364 No longer tracked
MBC Dec. 31, 2025 400 $5,268 -17.4%
REGN June 30, 2025 8 $5,074 59.6%
FERG March 31, 2025 28 $4,860 49.4%
DAR Dec. 31, 2025 139 $4,291 89.0%
GWW March 31, 2025 4 $4,216 32.3%
PDBC June 30, 2025 300 $4,089
HYG June 30, 2025 50 $3,945 No longer tracked
BIL June 30, 2025 43 $3,944 No longer tracked
EMXC June 30, 2025 71 $3,911
JNK June 30, 2025 41 $3,907 No longer tracked
SLYV June 30, 2025 46 $3,606 No longer tracked
CRWD March 31, 2025 10 $3,422 -46.9%
YOU March 31, 2025 100 $2,664 67.9%
CCL June 30, 2026 100 $2,588 -10.1%
ALTM March 31, 2025 493 $2,529 No longer tracked
SIRI March 31, 2025 100 $2,280 27.8%
OGN June 30, 2026 305 $1,827 1.4%
HPQ June 30, 2026 90 $1,729 35.1%
BGS Dec. 31, 2025 285 $1,263 -21.8%
XYZ Sept. 30, 2025 15 $1,019 10.8%
EHAB March 31, 2026 82 $756 No longer tracked