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Portfolio (Quarterly) Guide ↗

City State Bank

· CIK 0001910666
13F Portfolio $385M AUM 784 positions Filed Apr 20, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 34 New 149 Added 103 Reduced 17 Exited
Page 5 of 8  ·  149 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 IEMG Ishares Inc. Core Msci Emerging Markets Etf 6,325.0 $441K 0.12% +75.0 +1.2% $69.75 +16.8%
82 VYMI Vanguard Scottsdale Funds International High Dividend Yield Etf 4,210.0 $397K 0.10% +850.0 +25.3% $94.24 +3.6%
83 VLO Valero Energy Corp. Ordinary Shares Energy 1,555.0 $384K 0.10% +100.0 +6.9% $247.08 -1.9%
84 GOVT Ishares Trust U.S. Treasury Bond Etf 15,691.0 $359K 0.09% +300.0 +1.9% $22.91 -0.4%
85 GD General Dynamics Corp. Industrials 898.0 $308K 0.08% +7.0 +0.8% $343.22 +0.3%
86 FISV Fiserv, Inc. Technology 5,460.0 $305K 0.08% +1K +23.1% $55.80 -13.6%
87 IEFA Ishares Trust Core Msci Eafe Etf 3,330.0 $301K 0.08% +70.0 +2.1% $90.53 +5.3%
88 ADBE Adobe Inc Ordinary Shares Technology 1,081.0 $263K 0.07% +460.0 +74.1% $243.08 -19.1%
89 ITW Illinois Tool Works, Inc. Ordinary Shares Industrials 967.0 $252K 0.07% +893.0 +1206.8% $260.29 +1.3%
90 SMCI Super Micro Computer Inc Ordinary Shares Technology 10,030.0 $228K 0.06% +3K +33.7% $22.77 +42.5%
91 C Citigroup Inc Ordinary Shares Financial Services 1,925.0 $218K 0.06% +10.0 +0.5% $113.41 +26.6%
92 NOC Northrop Grumman Corp. Ordinary Shares Industrials 313.0 $214K 0.06% +21.0 +7.2% $682.24 -26.3%
93 ADI Analog Devices Inc. Ordinary Shares Technology 654.0 $208K 0.05% +12.0 +1.9% $318.14 +29.9%
94 SLV Ishares Silver Trust Fractional Undivided Beneficial Interests Financial Services 2,946.0 $201K 0.05% +150.0 +5.4% $68.14 -24.0%
95 Cencora Inc. Ordinary Shares 636.0 $200K 0.05% +10.0 +1.6% $314.14
96 BX Blackstone Inc Ordinary Shares Financial Services 1,600.0 $184K 0.05% +353.0 +28.3% $114.99 -1.7%
97 NFLX Netflix Inc. Ordinary Shares Communication Services 1,786.0 $172K 0.04% +456.0 +34.3% $96.15 -25.3%
98 OKE Oneok Inc. Ordinary Shares Energy 1,710.0 $155K 0.04% +10.0 +0.6% $90.39 -3.4%
99 EEM Ishares Inc. Msci Emerging Markets Etf 2,290.0 $130K 0.03% +60.0 +2.7% $56.79 +18.4%
100 COIN Coinbase Global Inc Ordinary Shares - Class A Financial Services 741.0 $129K 0.03% +25.0 +3.5% $174.61 -14.0%
Page 5 of 8  ·  149 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 31.0%
Financial Services 12.8%
Industrials 11.5%
Healthcare 9.9%
Consumer Cyclical 9.3%
Utilities 7.2%
Communication Services 6.8%
Consumer Defensive 6.0%
Energy 3.8%
Basic Materials 1.2%