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Portfolio (Quarterly) Guide ↗

Exchange Bank

· CIK 0002001155
13F Portfolio $145M AUM 186 positions Filed Jan 13, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 2 New 22 Added 42 Reduced 5 Exited
Page 2 of 7  ·  121 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 GOOG ALPHABET INC Communication Services 6,453.0 $2.0M 1.40% -50.0 -0.8% $313.80 +22.2%
22 SCHB SCHWAB US BROAD MARKET ETFT 77,100.0 $2.0M 1.40% $26.23 +9.0%
23 SPY SPDR S&P 500 ETF Financial Services 2,881.0 $2.0M 1.36% $681.92 +8.9%
24 AMZN AMAZON COM INC SR Consumer Cyclical 8,046.0 $1.9M 1.28% -119.0 -1.5% $230.82 +16.3%
25 PM PHILIP MORRIS INTERNATIONAL INC Consumer Defensive 10,599.0 $1.7M 1.18% -528.0 -4.8% $160.40 +17.6%
26 BMY BRISTOL-MYERS SQUIBB CO Healthcare 29,306.0 $1.6M 1.09% $53.94 +10.4%
27 NSC NORFOLK SOUTHERN CORP Industrials 5,356.0 $1.5M 1.07% -100.0 -1.8% $288.72 +7.9%
28 MRK MERCK & CO INC Healthcare 14,441.0 $1.5M 1.05% -78.0 -0.5% $105.26 +10.1%
29 ADP AUTOMATIC DATA PROCESSING INC Industrials 5,810.0 $1.5M 1.03% $257.23 -14.4%
30 VCSH VANGUARD SHORT-TERM CORP BD IDX 17,427.0 $1.4M 0.96% +574.0 +3.4% $79.73 -1.0%
31 ORCL ORACLE CORP Technology 6,287.0 $1.2M 0.85% -100.0 -1.6% $194.91 -2.6%
32 IAGG ISHARES CORE INTERNATIONAL 24,366.0 $1.2M 0.84% -677.0 -2.7% $50.01 +0.0%
33 GE GE AEROSPACE Industrials 3,952.0 $1.2M 0.84% -67.0 -1.7% $308.03 -2.0%
34 LLY ELI LILLY & CO Healthcare 1,110.0 $1.2M 0.82% -104.0 -8.6% $1074.68 -3.1%
35 TXN TEXAS INSTRUMENTS INC Technology 6,779.0 $1.2M 0.81% $173.49 +75.7%
36 IGSB ISHARES SHORT-TERM CORPORATE 22,163.0 $1.2M 0.81% $52.88 -1.1%
37 MRSH MARSH & MCLENNAN COS INC Financial Services 6,170.0 $1.1M 0.79% $185.52 -11.0%
38 SUB ISHARES ST NATIONAL AMTFREE MUNI 10,435.0 $1.1M 0.77% $106.70 -0.4%
39 NEE NEXTERA ENERGY INC Utilities 13,740.0 $1.1M 0.76% $80.28 +11.7%
40 TGT TARGET CORP Consumer Defensive 10,444.0 $1.0M 0.71% $97.75 +25.1%
Page 2 of 7  ·  121 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 24.3%
Industrials 15.6%
Consumer Defensive 13.9%
Financial Services 13.7%
Healthcare 12.5%
Communication Services 6.5%
Energy 6.4%
Consumer Cyclical 5.0%
Utilities 2.0%