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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 8 of 8  ·  149 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 BIL Spdr Series Trust State Street Bloomberg 1-3 Month T-Bill Etf 107.0 $10K 0.00% +94.0 +723.1% $91.64 -0.0%
142 STWD Starwood Property Trust Inc Ordinary Shares Real Estate 530.0 $9K 0.00% +270.0 +103.8% $17.22 -3.5%
143 RVT Royce Value Trust Inc Financial Services 472.0 $8K 0.00% +8.0 +1.7% $16.60 +10.4%
144 ICE Intercontinental Exchange Inc Ordinary Shares Financial Services 46.0 $7K 0.00% +17.0 +58.6% $157.28 -18.9%
145 IHI Ishares Trust U.S. Medical Devices Etf 130.0 $7K 0.00% +25.0 +23.8% $53.35 -5.0%
146 SYK Stryker Corp. Ordinary Shares Healthcare 19.0 $6K 0.00% +3.0 +18.8% $328.58 -2.5%
147 TROW T. Rowe Price Group Inc. Ordinary Shares Financial Services 65.0 $6K 0.00% +4.0 +6.6% $90.14 +19.0%
148 ECL Ecolab, Inc. Ordinary Shares Basic Materials 8.0 $2K 0.00% +4.0 +100.0% $266.00 +6.0%
149 CCI Crown Castle Inc Ordinary Shares Real Estate 14.0 $1K +7.0 +100.0% $81.29 -3.4%
Page 8 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%