City State Bank

Bank

CIK

1910666

Location

NORWALK, IA

Portfolio Value

Small $150,576,399

Diversification

Diversified

Filing Date

Global Rank

#4,495 / 8,232 ▲ 280

Top Industry

Semiconductors 11.6%

3Y Alpha vs SPY

+0.5%

Period ended 2 months ago

Filed Apr 20, 2026 · 55d

18 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+78.3%

SPY

+76.3%

Annualised alpha

+0.5%

Max drawdown

−16.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

565 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.9%

−1.0 pts

Top 5

25.8%

−2.1 pts

Top 10

37.3%

−2.5 pts

HHI

230

Diversified−28

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	31.1%	$46,897,212	76
Financial Services	14.0%	$21,134,340	88
Industrials	10.8%	$16,329,064	67
Healthcare	10.1%	$15,139,854	63
Consumer Cyclical	9.4%	$14,115,536	65
Utilities	6.9%	$10,414,672	34
Consumer Defensive	6.0%	$9,008,250	40
Energy	3.8%	$5,699,019	35
Unclassified	3.3%	$4,983,082	7
Communication Services	2.9%	$4,373,903	20
Basic Materials	1.2%	$1,749,588	48
Real Estate	0.5%	$731,879	22

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBIT	iShares Bitcoin Trust ETF	+12,100	17,350	$666,587
SRTA	Strata Critical Medical, Inc.	+10,000	15,000	$62,700
USB	US Bancorp De	+3,000	13,693	$712,172
SMCI	Super Micro Computer, Inc.	+2,530	10,030	$228,383
XOM	Exxon Mobil Corp	+2,116	8,222	$1,394,944
SO	Southern Co	+1,243	8,243	$795,614
MSFT	Microsoft Corp	+1,085	16,532	$6,119,650
FISV	Fiserv Inc	+1,025	5,460	$304,668
CRM	Salesforce, Inc.	+946	2,921	$545,263
ITW	Illinois Tool Works Inc	+893	967	$251,700
PFE	Pfizer Inc	+844	30,727	$862,814
HON	Honeywell International Inc	+790	4,074	$920,846
BMY	Bristol Myers Squibb Co	+704	8,086	$490,415
AMZN	Amazon Com Inc	+595	20,344	$4,237,044
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+565	7,977	$2,695,827
PG	PROCTER & GAMBLE Co	+523	6,087	$879,206
AVGO	Broadcom Inc.	+506	1,918	$593,640
ADBE	Adobe Inc.	+460	1,081	$262,769
NFLX	Netflix Inc	+456	1,786	$171,723
LNT	Alliant Energy Corp	+453	73,029	$5,240,561
PEP	Pepsico Inc	+400	3,587	$557,025
NVO	Novo Nordisk A S	+400	1,440	$52,920
NVDA	Nvidia Corp	+396	35,056	$6,113,766
FITB	Fifth Third Bancorp	+378	26,900	$1,249,774
BX	Blackstone Inc.	+353	1,600	$183,984
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DVN	Devon Energy Corp/De	−4,000	200	$10,064
WTBA	West Bancorporation Inc	−1,400	7,554	$179,709
MU	Micron Technology Inc	−1,368	13,829	$4,671,989
FCX	Freeport-Mcmoran Inc	−1,271	130	$7,641
VTRS	Viatris Inc	−1,009	6,817	$92,097
SYY	Sysco Corp	−1,000	120	$8,559
AAPL	Apple Inc.	−876	58,610	$14,874,631
MMM	3M Co	−716	4,726	$686,356
CAG	Conagra Brands Inc.	−600	4,506	$70,834
CMCSA	Comcast Corp	−500	632	$18,144
NTR	Nutrien Ltd.	−470	3,015	$227,511
PSX	Phillips 66	−368	561	$102,202
Q	Qnity Electronics, Inc.	−351	1,202	$138,686
CVS	CVS HEALTH Corp	−337	1,643	$118,000
MDT	Medtronic plc	−300	5,211	$451,533
TRN	Trinity Industries Inc	−300	200	$6,436
LMT	Lockheed Martin Corp	−280	2,088	$1,261,966
HLN	Haleon plc	−275	2,483	$24,854
SOLV	Solventum Corp	−240	144	$9,403
DOCU	Docusign, Inc.	−215	630	$29,868
CASH	Pathward Financial, Inc.	−202	1,468	$130,989
O	Realty Income Corp	−200	3,054	$186,843
F	Ford Motor Co	−200	32,724	$377,634
OXY	Occidental Petroleum Corp /De/	−200	70	$4,550
KMI	Kinder Morgan, Inc.	−200	875	$29,338
No positions match the current search.

New Positions

Positions the filer opened this quarter

23 positions

Ticker	Company	Shares	Value
AMCR	Amcor plc	4,520	$179,670
CORZ	Core Scientific, Inc./tx	9,821	$146,922
FMBH	First Mid Bancshares, Inc.	3,062	$126,123
HNI	Hni Corp	3,600	$120,204
WAT	Waters Corp /De/	189	$56,284
GPN	Global Payments Inc	740	$49,802
WHR	Whirlpool Corp /De/	358	$19,303
CRDO	Credo Technology Group Holding Ltd	165	$15,488
TDG	TransDigm Group INC	11	$12,748
KDP	Keurig Dr Pepper Inc.	303	$7,977
SYM	Symbotic Inc.	135	$7,182
PAGP	Plains Gp Holdings LP	200	$4,856
MNST	Monster Beverage Corp	62	$4,492
PLD	Prologis, Inc.	22	$2,907
SMG	Scotts Miracle-Gro Co	25	$1,520
SLB	Slb Limited/Nv	26	$1,336
EPD	Enterprise Products Partners L.P.	30	$1,135
LNG	Cheniere Energy, Inc.	4	$1,135
USAS	Americas Gold & Silver Corp	200	$1,044
MTB	M&T Bank Corp	5	$1,033
NG	Novagold Resources Inc	100	$898
TEM	Tempus AI, Inc.	13	$587
BYRN	Byrna Technologies Inc.	25	$229
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
FBTC	Fidelity Wise Origin Bitcoin Fund	7,750	$590,782
WINA	Winmark Corp	750	$303,705
BAM	Brookfield Asset Management Ltd.	1,864	$97,654
USLM	United States Lime & Minerals Inc	160	$19,158
DDOG	Datadog, Inc.	122	$16,590
FUBO	FuboTV Inc.	500	$15,120
STLD	Steel Dynamics Inc	52	$8,811
EXAS	EXACT SCIENCES CORP	50	$5,078
NXP	Nuveen Select Tax Free Income Portfolio	354	$4,991
BCE	Bce Inc	155	$3,692
KD	Kyndryl Holdings, Inc.	68	$1,806
KRO	Kronos Worldwide Inc	375	$1,657
PSKY	Paramount Skydance Corp	39	$522
SLAI	SOLAI Ltd	250	$167
ARCC	Ares Capital Corp	2	$40
REZI	Resideo Technologies, Inc.	1	$35
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

565 positions · $150,576,399 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 565 positions by value · page 1 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	58,610	-876	$14,874,631	−8.0%	9.88%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	13,553	+229	$6,494,597	−3.0%	4.31%
MSFT	Microsoft Corp Technology	Added	16,532	+1,085	$6,119,650	−18.1%	4.06%
NVDA	Nvidia Corp Technology	Added	35,056	+396	$6,113,766	−5.4%	4.06%
LNT	Alliant Energy Corp Utilities	Added	73,029	+453	$5,240,561	+11.1%	3.48%
MU	Micron Technology Inc Technology	Reduced	13,829	-1,368	$4,671,989	+7.7%	3.10%
AMZN	Amazon Com Inc Consumer Cyclical	Added	20,344	+595	$4,237,044	−7.1%	2.81%
SPY	Spdr S&P 500 ETF Trust	Added	4,398	+37	$2,860,195	−3.8%	1.90%
JNJ	Johnson & Johnson Healthcare	Added	11,374	+67	$2,780,260	+18.8%	1.85%
CAT	Caterpillar Inc Industrials	Reduced	3,880	-63	$2,748,824	+21.7%	1.83%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	7,977	+565	$2,695,827	+19.7%	1.79%
LLY	ELI LILLY & Co Healthcare	Reduced	2,884	-12	$2,652,616	−14.8%	1.76%
JPM	Jpmorgan Chase & Co Financial Services	Added	8,705	+237	$2,560,662	−6.2%	1.70%
RTX	RTX Corp Industrials	Reduced	12,370	-2	$2,386,173	+5.2%	1.58%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	2,232	-12	$2,224,031	+14.9%	1.48%
ABBV	AbbVie Inc. Healthcare	Added	9,199	+279	$2,000,690	−1.8%	1.33%
MRK	Merck & Co., Inc. Healthcare	Reduced	14,052	-47	$1,690,315	+13.9%	1.12%
TSLA	Tesla, Inc. Consumer Cyclical	Added	4,485	+16	$1,667,298	−17.0%	1.11%
WMT	Walmart Inc. Consumer Defensive	Reduced	13,054	-54	$1,622,351	+11.1%	1.08%
HD	Home Depot, Inc. Consumer Cyclical	Added	4,918	+254	$1,617,481	+0.8%	1.07%
DE	Deere & Co Industrials	Reduced	2,726	-23	$1,535,555	+20.0%	1.02%
META	Meta Platforms, Inc. Communication Services	Added	2,612	+89	$1,494,403	−10.3%	0.99%
XOM	Exxon Mobil Corp Energy	Added	8,222	+2,116	$1,394,944	+89.8%	0.93%
CVX	Chevron Corp Energy	Added	6,403	+12	$1,324,780	+36.0%	0.88%
AMAT	Applied Materials Inc /De Technology	Reduced	3,767	-190	$1,287,522	+26.6%	0.86%
LMT	Lockheed Martin Corp Industrials	Reduced	2,088	-280	$1,261,966	+10.2%	0.84%
CASY	Caseys General Stores Inc Consumer Cyclical	Reduced	1,730	-136	$1,259,197	+22.1%	0.84%
FITB	Fifth Third Bancorp Financial Services	Added	26,900	+378	$1,249,774	+0.7%	0.83%
VZ	Verizon Communications Inc Communication Services	Reduced	24,127	-85	$1,211,175	+22.8%	0.80%
AMD	Advanced Micro Devices Inc Technology	Added	5,677	+45	$1,154,872	−4.3%	0.77%
KO	Coca Cola Co Consumer Defensive	Reduced	14,946	-19	$1,136,643	+8.6%	0.75%
GS	Goldman Sachs Group Inc Financial Services	Added	1,202	+57	$1,016,879	+1.0%	0.68%
NEE	Nextera Energy Inc Utilities	Added	10,506	+135	$975,797	+17.2%	0.65%
IBM	International Business Machines Corp Technology	Added	3,948	+49	$956,955	−17.1%	0.64%
MELI	Mercadolibre Inc Consumer Cyclical	Held	539	0	$931,941	−14.2%	0.62%
HON	Honeywell International Inc Industrials	Added	4,074	+790	$920,846	+43.7%	0.61%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	6,087	+523	$879,206	+10.3%	0.58%
PFE	Pfizer Inc Healthcare	Added	30,727	+844	$862,814	+16.0%	0.57%
CB	Chubb Ltd Financial Services	Added	2,635	+2	$858,825	+4.5%	0.57%
AMGN	Amgen Inc Healthcare	Added	2,376	+171	$835,995	+15.8%	0.56%
ADP	Automatic Data Processing Inc Technology	Reduced	4,081	-48	$829,177	−21.9%	0.55%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	2,052	+350	$801,121	+0.4%	0.53%
SO	Southern Co Utilities	Added	8,243	+1,243	$795,614	+30.3%	0.53%
MO	Altria Group, Inc. Consumer Defensive	Added	11,343	+300	$748,524	+17.6%	0.50%
AEP	American Electric Power Co Inc Utilities	Held	5,655	0	$741,257	+13.7%	0.49%
PFG	Principal Financial Group Inc Financial Services	Held	7,938	0	$715,293	+2.2%	0.48%
USB	US Bancorp De Financial Services	Added	13,693	+3,000	$712,172	+24.8%	0.47%
UNP	Union Pacific Corp Industrials	Held	2,910	0	$706,024	+4.9%	0.47%
LOW	Lowes Companies Inc Consumer Cyclical	Held	2,949	0	$696,789	−2.0%	0.46%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	5,522	-50	$692,790	−15.2%	0.46%