City State Bank

CIK 1910666 · View on SEC EDGAR ↗

Portfolio value
$436.4M
#4,143 of 9,443 by 13F value · top 43.9%
Positions
809
As of
June 30, 2026

Portfolio value QoQ: +13.3% 13F does not disclose cash

Top 10 holdings weight
29.52%
Top 25 holdings weight
51.43%
Positions above 1%
28
Effective number of positions
69.5

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

Turnover Q2 2026: 2.39% Est. buys $28,685,532 · sells $9,818,619

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 88.5% still held

New positions
40
Increased
111
Decreased
102
Closed
15
On this page

Sector breakdown

Technology
15.3%
Industrials
4.5%
Healthcare
3.7%
Retail
3.2%
Financials
2.5%
Communication Services
2.3%
Utilities
1.5%
Financial Services
1.3%
Energy
1.1%
Consumer Discretionary
0.9%
Consumer Staples
0.9%
Telecommunication
0.3%
Consumer products
0.3%
Materials
0.3%
Communications
0.2%
Real Estate
0.2%
Logistics & Transportation
0.1%
Packaging
0.1%
Diversified Consumer Services
0.0%
N/A
0.0%
Paper & Forest
0.0%
Other/Unmapped
61.2%

Full portfolio 809 positions

Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $16,696,940 3.83% 57,703 $1,822,308 Down ×3
DFCF $16,585,786 3.80% 392,935 $1,045,153 Up ×6
MU Micron Technology, Inc. - Common Stock $15,020,776 3.44% 13,013 $10,348,787 Down ×5
BIV $14,430,568 3.31% 188,143 $135,983 Up ×4
DFSD $13,567,733 3.11% 284,141 $970,888 Up ×4
BSV $11,616,225 2.66% 149,098 $108,303 Up ×6
VIG $11,193,546 2.56% 47,306 $1,281,861 Up ×6
VYM $10,407,540 2.38% 65,858 $696,179 Up ×6
DFAT $9,896,023 2.27% 141,574 $1,538,652 Up ×4
VWOB Vanguard Emerging Markets Government Bond ETF $9,403,985 2.15% 139,857 $1,041,385 Up ×3
BND Vanguard Total Bond Market ETF $8,338,348 1.91% 113,586 $217,844 Up ×3
AGG $7,443,593 1.71% 75,203 $69,619 Up ×3
GOOG Alphabet Inc. - Class C Capital Stock $7,213,939 1.65% 20,417 $1,427,973 Up ×2
NVDA NVIDIA Corporation - Common Stock $7,051,372 1.62% 35,241 $937,606 Up ×2
VUG $6,915,836 1.58% 80,286 $1,408,351 Up ×6
BRKB $6,781,786 1.55% 13,553 $287,188
BNDX Vanguard Total International Bond ETF $6,546,719 1.50% 135,179 $213,056 Up ×2
STIP $6,494,107 1.49% 63,568 $170,397 Up ×2
MSFT Microsoft Corporation - Common Stock $6,476,373 1.48% 17,362 $356,723 Up ×6
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $6,102,853 1.40% 114,780 $77,817 Up ×6
DFAI $5,978,693 1.37% 144,938 $831,181 Up ×6
DFGP Dimensional Global Core Plus Fixed Income ETF $5,325,099 1.22% 97,780 $582,347 Up ×6
VTV $5,049,002 1.16% 23,168 $569,364 Up ×6
DFIV $5,005,655 1.15% 92,663 $605,386 Up ×6
AMZN Amazon.com, Inc. - Common Stock $4,907,659 1.12% 20,591 $670,614 Up ×6
DUHP $4,893,802 1.12% 117,273 $1,096,972 Up ×6
EBND $4,624,408 1.06% 221,052 $175,539 Up ×3
DFAE $4,470,226 1.02% 111,172 $966,021 Up ×6
DFAC $4,129,295 0.95% 93,086 $659,019 Up ×6
CAT Caterpillar, Inc. Common Stock $4,092,411 0.94% 3,843 $1,343,586 Down ×6
VO $4,056,619 0.93% 50,349 $593,803 Up ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $3,872,615 0.89% 8,109 $1,176,788 Up ×6
VFH $3,635,582 0.83% 27,626 $286,608 Down ×1
DFLV $3,553,895 0.81% 89,881 $547,970 Up ×6
VGT $3,372,257 0.77% 28,215 $1,068,386 Up ×6
VB $3,308,858 0.76% 10,916 $583,318 Up ×3
SPY SPY $3,261,145 0.75% 4,367 $400,950 Down ×1
LLY Eli Lilly and Company Common Stock $3,233,663 0.74% 2,696 $581,046 Down ×4
DFIP $3,205,967 0.73% 77,711 $679,112 Up ×5
DIHP $3,111,893 0.71% 91,191 $846,795 Up ×5
JNJ Johnson & Johnson Common Stock $2,853,099 0.65% 11,234 $72,838 Down ×1
JPM JP Morgan Chase & Co. Common Stock $2,833,368 0.65% 8,656 $272,705 Down ×1
AMAT Applied Materials, Inc. - Common Stock $2,689,560 0.62% 3,720 $1,402,037 Down ×2
RTX RTX Corporation Common Stock $2,344,114 0.54% 12,355 $-42,059 Down ×6
AMD Advanced Micro Devices, Inc. - Common Stock $2,321,316 0.53% 3,996 $1,166,444 Down ×1
ABBV AbbVie Inc. Common Stock $2,310,307 0.53% 9,181 $309,616 Down ×1
VWO $2,260,998 0.52% 37,879 $175,533 Down ×1
IAGG $2,105,972 0.48% 41,620 $2,290 Down ×1
COST Costco Wholesale Corporation - Common Stock $2,069,260 0.47% 2,212 $-154,772 Down ×5
VHT $2,039,248 0.47% 6,820 $177,872 Down ×5
VBR $1,976,238 0.45% 8,133 $198,481 Down ×1
TSLA Tesla, Inc. - Common Stock $1,886,391 0.43% 4,485 $219,092
VOO $1,881,173 0.43% 2,739 $294,678 Up ×1
VEA $1,846,088 0.42% 25,910 $326,623 Up ×4
QQQM Invesco NASDAQ 100 ETF $1,811,761 0.42% 5,980 $586,117 Up ×3
MRK Merck & Company, Inc. Common Stock (new) $1,793,860 0.41% 13,960 $103,545 Down ×3
MRVL Marvell Technology, Inc. - Common Stock $1,789,723 0.41% 6,008 $1,194,631
DE Deere & Company Common Stock $1,721,572 0.39% 2,714 $186,016 Down ×6
HD Home Depot, Inc. (The) Common Stock $1,709,793 0.39% 4,848 $92,312 Down ×1
VMBS Vanguard Mortgage-Backed Securities ETF $1,707,254 0.39% 36,472 $-21,539 Down ×2
VEU $1,665,955 0.38% 19,892 $172,066
IBB IBB $1,636,014 0.37% 8,602 $159,083 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $1,618,895 0.37% 2,874 $124,491 Up ×3
TIP $1,537,492 0.35% 14,050 $-21,895 Down ×6
FITB Fifth Third Bancorp - Common Stock $1,506,657 0.35% 26,728 $256,883 Down ×1
WMT Walmart Inc. - Common Stock $1,466,264 0.34% 12,946 $-156,087 Down ×3
CASY Caseys General Stores, Inc. - Common Stock $1,371,013 0.31% 1,725 $111,815 Down ×5
VPU $1,358,758 0.31% 6,942 $17,152 Up ×2
LNT Alliant Energy Corporation - Common Stock $1,346,061 0.31% 17,644 $-3,894,500 Down ×1
VCSH Vanguard Short-Term Corporate Bond ETF $1,298,463 0.30% 16,430 $190,268 Up ×2
MGK $1,292,277 0.30% 14,700 $338,035 Up ×6
IBM International Business Machines Corporation Common Stock $1,262,070 0.29% 4,488 $305,114 Up ×3
INTC Intel Corporation - Common Stock $1,239,635 0.28% 8,878 $844,318 Down ×1
VIS $1,230,337 0.28% 3,414 $161,608 Down ×3
SPEM $1,225,011 0.28% 23,658 $170,990 Up ×1
KO Coca-Cola Company (The) Common Stock $1,213,849 0.28% 14,936 $77,206 Down ×4
GS Goldman Sachs Group, Inc. (The) Common Stock $1,210,610 0.28% 1,197 $193,730 Down ×1
MELI MercadoLibre, Inc. - Common Stock $1,152,528 0.26% 679 $220,586 Up ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $1,141,657 0.26% 1,496 $340,536 Down ×1
LMT Lockheed Martin Corporation Common Stock $1,119,793 0.26% 2,198 $-142,173 Up ×1
XOM Exxon Mobil Corporation Common Stock $1,117,002 0.26% 8,170 $-277,943 Down ×1
SPIP $1,077,661 0.25% 41,965 $-8,647 Up ×1
CVX Chevron Corporation Common Stock $1,050,918 0.24% 6,340 $-273,863 Down ×1
VZ Verizon Communications Inc. Common Stock $1,012,688 0.23% 23,918 $-198,487 Down ×2
IVV $990,033 0.23% 1,322 $126,489
VV $938,186 0.21% 2,728 $115,452 Down ×1
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF $927,753 0.21% 9,620 $61,718 Up ×1
NEE NextEra Energy, Inc. Common Stock $918,601 0.21% 10,466 $-57,196 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $913,940 0.21% 4,081 $84,762
PG Procter & Gamble Company (The) Common Stock $895,091 0.21% 6,104 $15,885 Up ×2
CB Chubb Limited Common Stock $893,761 0.20% 2,623 $34,935 Down ×1
AMGN Amgen Inc. - Common Stock $883,935 0.20% 2,441 $47,939 Up ×2
VAW $877,181 0.20% 3,834 $13,227
DFAU $861,155 0.20% 16,660 $192,025 Up ×2
PFG Principal Financial Group Inc - Common Stock $855,558 0.20% 7,938 $140,265
SO Southern Company (The) Common Stock $841,100 0.19% 8,788 $45,486 Up ×2
USB U.S. Bancorp Common Stock $827,057 0.19% 13,693 $114,884
VIGI Vanguard International Dividend Appreciation ETF $825,946 0.19% 8,845 $111,631 Up ×2
AVGO Broadcom Inc. - Common Stock $815,185 0.19% 2,158 $221,545 Up ×2
NTAP NetApp, Inc. - Common Stock $807,073 0.18% 5,215 $288,468 Up ×2

Conviction holdings

Positions increased for 3+ consecutive quarters.

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

Security Value % of portfolio Streak
DFCF $16,585,786 3.80% up ×6
BIV $14,430,568 3.31% up ×4
DFSD $13,567,733 3.11% up ×4
BSV $11,616,225 2.66% up ×6
VIG $11,193,546 2.56% up ×6
VYM $10,407,540 2.38% up ×6
DFAT $9,896,023 2.27% up ×4
VWOB $9,403,985 2.15% up ×3
BND $8,338,348 1.91% up ×3
AGG $7,443,593 1.71% up ×3
VUG $6,915,836 1.58% up ×6
MSFT $6,476,373 1.48% up ×6
IGIB $6,102,853 1.40% up ×6
DFAI $5,978,693 1.37% up ×6
DFGP $5,325,099 1.22% up ×6

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 438516205) $456,084 2,037 0.10%
Unknown issuer (CUSIP: 43849R105) $450,340 2,037 0.10%
Unknown issuer (CUSIP: 15675D103) $227,630 1,030 0.05%
NOW $215,934 2,175 0.05%
Unknown issuer (CUSIP: 84615Q103) $208,278 1,219 0.05%
Unknown issuer (CUSIP: 26614N201) $93,049 686 0.02%
MDY $40,794 58 0.01%
Unknown issuer (CUSIP: G2004J103) $26,570 930 0.01%
Unknown issuer (CUSIP: 314352105) $22,801 151 0.01%
KLAC $15,086 50 0.00%
CCJ $10,695 105 0.00%
FIS $8,748 225 0.00%
FLEX $8,428 52 0.00%
ESE $8,401 24 0.00%
FEIM $7,697 116 0.00%

Top movers (QoQ)

Security Action Shares Δ Value Δ
MU Trimmed -816 +$10.3M
LNT Trimmed -55K -$3.9M
AAPL Trimmed -907 +$1.8M
DFAT Bought more +8K +$1.5M
GOOG Bought more +247 +$1.4M
VUG Bought more +68K +$1.4M
AMAT Trimmed -47 +$1.4M
CAT Trimmed -37 +$1.3M
VIG Bought more +1K +$1.3M
MRVL Price move only +0 +$1.2M

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
HON June 30, 2026 4,074 $920,846 -1.9%
FBTC March 31, 2026 7,750 $590,783 No longer tracked
DFS June 30, 2025 1,892 $322,964 No longer tracked
WINA March 31, 2026 750 $303,705 -19.2%
IEO June 30, 2025 1,800 $170,244 No longer tracked
GOLD June 30, 2025 7,500 $145,800 110.5%
AAP Dec. 31, 2025 2,000 $122,800 10.2%
TPYPXXXX June 30, 2025 3,298 $119,948 No longer tracked
DD June 30, 2026 2,160 $98,928 3.3%
BAM March 31, 2026 1,864 $97,655 17.1%
SRTA June 30, 2025 30,000 $81,900 49.9%
FDN June 30, 2025 361 $80,196 No longer tracked
BBAI Dec. 31, 2025 10,000 $65,200 -40.8%
SRTA June 30, 2026 15,000 $62,700 14.6%
FXH June 30, 2025 593 $61,435 No longer tracked
CELH Sept. 30, 2025 1,000 $46,390 -43.8%
EFX June 30, 2026 250 $45,018 22.6%
AAXJ March 31, 2025 565 $40,782
AVEM March 31, 2025 644 $37,861 No longer tracked
CTRA June 30, 2026 1,003 $35,245 No longer tracked
JNPR Sept. 30, 2025 810 $32,343 No longer tracked
CCL June 30, 2026 1,230 $31,832 -10.1%
ULXXXX Dec. 31, 2025 517 $30,648 No longer tracked
SHOP Dec. 31, 2025 200 $29,722 -9.4%
FXD June 30, 2026 425 $27,208 No longer tracked
PEO March 31, 2025 1,148 $24,958 25.7%
UEC June 30, 2025 4,960 $23,709 No longer tracked
USLM March 31, 2026 160 $19,158 -6.2%
DDOG March 31, 2026 122 $16,591 94.7%
DWLD June 30, 2026 358 $15,684 No longer tracked
MAG Sept. 30, 2025 740 $15,636 No longer tracked
GNR March 31, 2025 287 $14,281 No longer tracked
MDY March 31, 2025 25 $14,240 No longer tracked
HES Sept. 30, 2025 101 $13,993 No longer tracked
LNTH March 31, 2025 155 $13,866 2.8%
SSBXXXX Sept. 30, 2025 150 $13,805 No longer tracked
SILV March 31, 2025 1,420 $12,922 No longer tracked
PNW Sept. 30, 2025 141 $12,615 10.6%
CHTR Sept. 30, 2025 25 $10,220 -46.5%
TEVA Sept. 30, 2025 600 $10,056 84.0%
NXE June 30, 2025 2,185 $9,811 54.3%
EMX June 30, 2025 4,350 $8,874 No longer tracked
STLD March 31, 2026 52 $8,811 27.1%
AOR Dec. 31, 2025 135 $8,691 No longer tracked
TZA June 30, 2025 450 $7,664 No longer tracked
RLI June 30, 2025 95 $7,631 -9.2%
USRT March 31, 2025 131 $7,508 No longer tracked
IPG Dec. 31, 2025 257 $7,173 No longer tracked
GUNR June 30, 2026 122 $6,730 No longer tracked
ALE Dec. 31, 2025 80 $5,312 No longer tracked
OCFC June 30, 2025 300 $5,103 8.8%
EXAS March 31, 2026 50 $5,078 No longer tracked
NXP March 31, 2026 354 $4,991 -1.0%
TFSL June 30, 2025 400 $4,956 35.9%
FL Sept. 30, 2025 200 $4,900 No longer tracked
HE Sept. 30, 2025 456 $4,847 5.8%
EIX June 30, 2025 80 $4,714 43.1%
EMBC March 31, 2025 205 $4,233 -58.5%
EMN June 30, 2026 49 $3,740 11.3%
BCE March 31, 2026 155 $3,692 -5.5%
IWR Sept. 30, 2025 40 $3,679 No longer tracked
SA Sept. 30, 2025 250 $3,630 38.3%
VCLT June 30, 2026 48 $3,587
CPNG Dec. 31, 2025 100 $3,220 -31.7%
SCHC March 31, 2025 87 $2,987 No longer tracked
NJR Sept. 30, 2025 64 $2,868 13.9%
APD Sept. 30, 2025 10 $2,821 11.3%
FRT Sept. 30, 2025 29 $2,755 15.7%
OXYWS March 31, 2025 95 $2,617 No longer tracked
GFS June 30, 2026 50 $2,224 -42.4%
CHWY Sept. 30, 2025 50 $2,131 -41.4%
USHY Sept. 30, 2025 56 $2,101 No longer tracked
TEM Sept. 30, 2025 30 $1,906 -17.7%
ROKU June 30, 2026 20 $1,892 14.0%
KD March 31, 2026 68 $1,806 -5.4%
PARA Sept. 30, 2025 135 $1,742
KRO March 31, 2026 375 $1,658 24.8%
SE Sept. 30, 2025 10 $1,599 -34.7%
ACWX Sept. 30, 2025 22 $1,341
HBI Dec. 31, 2025 200 $1,318 No longer tracked
FUBO March 31, 2026 500 $1,260 12.1%
SAND Dec. 31, 2025 100 $1,252 No longer tracked
BC June 30, 2025 16 $862 49.5%
NOK June 30, 2026 100 $804 -23.0%
CVM Dec. 31, 2025 67 $616 No longer tracked
ONL March 31, 2025 157 $582 32.2%
PSKY March 31, 2026 39 $523 14.5%
KFRC Sept. 30, 2025 10 $411 93.9%
BEEM March 31, 2025 100 $317 -26.5%
CGEN March 31, 2025 200 $306 83.6%
AROW June 30, 2026 9 $302 -6.1%
JAZZ Dec. 31, 2025 2 $264 47.3%
CHPTXXXX Sept. 30, 2025 310 $218 No longer tracked
LAZRQ Dec. 31, 2025 99 $189 No longer tracked
SLAI March 31, 2026 250 $168 No longer tracked
LILMF March 31, 2025 1,000 $167 No longer tracked
HAS Sept. 30, 2025 2 $148 23.8%
RIG Sept. 30, 2025 50 $130 93.3%
SONY Sept. 30, 2025 5 $130 -17.3%
AVGR June 30, 2025 225 $107 No longer tracked
TLRY June 30, 2025 84 $55 1075.6%
ASAIY March 31, 2025 10 $45 No longer tracked
ARCC March 31, 2026 2 $40 10.0%
UAVS Dec. 31, 2025 20 $40 No longer tracked
REZI March 31, 2026 1 $35 -39.6%
EXTOY June 30, 2025 5 $17 No longer tracked
CGC Dec. 31, 2025 11 $16 -6.6%
NKLAQ March 31, 2025 8 $10 No longer tracked
ACB March 31, 2025 2 $9 -12.1%
LILWF March 31, 2025 333 $7 No longer tracked
ALZN June 30, 2025 4 $4 -46.6%