Exchange Bank

Bank

CIK

2001155

Location

SANTA ROSA, CA

Portfolio Value

Small $102,825,128

Diversification

Diversified

Filing Date

Global Rank

#5,299 / 8,232 ▲ 248

Top Industry

Drug Manufacturers - General 12.4%

3Y Alpha vs SPY

-5.3%

Period ended 2 months ago

Filed Apr 8, 2026 · 2mo

12 quarters · since Jun 2023

Clone Performance

Aug 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

+51.0%

SPY

+71.4%

Annualised alpha

-5.3%

Max drawdown

−15.3%

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

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

Top Position

7.0%

−0.5 pts

Top 5

27.3%

+1.4 pts

Top 10

43.6%

+1.7 pts

HHI

275

Diversified+11

Portfolio Trend

12 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	21.9%	$22,515,209	15
Industrials	16.1%	$16,597,437	15
Consumer Defensive	15.0%	$15,439,239	9
Healthcare	13.1%	$13,487,044	9
Financial Services	11.0%	$11,307,127	15
Energy	9.0%	$9,257,112	4
Consumer Cyclical	4.4%	$4,563,901	7
Communication Services	4.3%	$4,470,581	5
Unclassified	2.8%	$2,893,318	2
Utilities	1.8%	$1,875,032	3
Basic Materials	0.4%	$419,128	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
IAU	Ishares Gold Trust	+1,688	11,677	$1,029,444
T	At&T Inc.	+25	8,121	$235,426
MSFT	Microsoft Corp	+4	9,936	$3,678,008
GEV	GE Vernova Inc.	+2	987	$861,552
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	−1,927	12,804	$2,233,017
WMT	Walmart Inc.	−1,416	29,353	$3,647,990
XOM	Exxon Mobil Corp	−1,364	24,141	$4,095,761
JNJ	Johnson & Johnson	−1,101	27,641	$6,756,565
CAT	Caterpillar Inc	−815	7,472	$5,293,613
AMZN	Amazon Com Inc	−786	7,260	$1,512,039
ORCL	Oracle Corp	−554	5,733	$843,381
AAPL	Apple Inc.	−494	28,540	$7,243,165
UNP	Union Pacific Corp	−478	9,366	$2,272,378
AVGO	Broadcom Inc.	−454	2,481	$767,894
APH	Amphenol Corp /De/	−407	2,238	$282,771
MDLZ	Mondelez International, Inc.	−380	10,596	$610,752
CVX	Chevron Corp	−363	22,481	$4,651,318
EMR	Emerson Electric Co	−281	3,870	$507,046
PEP	Pepsico Inc	−236	4,798	$745,081
LRCX	Lam Research Corp	−228	1,371	$292,927
RTX	RTX Corp	−200	3,164	$610,335
PG	PROCTER & GAMBLE Co	−170	23,544	$3,400,695
DIS	Walt Disney Co	−127	3,271	$315,258
MCHP	Microchip Technology Inc	−114	3,318	$214,375
NSC	Norfolk Southern Corp	−100	5,256	$1,508,472
ADBE	Adobe Inc.	−81	940	$228,494
CSX	Csx Corp	−75	7,820	$321,011
LLY	ELI LILLY & Co	−70	1,040	$956,560
CSCO	Cisco Systems, Inc.	−66	8,183	$634,918
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
VLO	Valero Energy Corp/Tx	1,038	$256,468
ETY	Eaton Vance Tax-Managed Diversified Equity Income Fund	16,659	$229,727
LIN	Linde PLC	426	$211,193
CTVA	Corteva, Inc.	2,484	$207,935
ES	Eversource Energy	2,889	$200,149
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
ABT	Abbott Laboratories	2,336	$292,677
AON	Aon plc	806	$284,421
QCOM	Qualcomm Inc/De	1,491	$255,034
DHR	Danaher Corp /De/	1,030	$235,787
GPC	Genuine Parts Co	1,779	$218,745
BAC	Bank Of America Corp /De/	3,782	$208,010
NOW	ServiceNow, Inc.	1,346	$206,193
CRM	Salesforce, Inc.	769	$203,715
GIS	General Mills Inc	4,350	$202,275
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

86 positions · $102,825,128 total · as of Mar 31, 2026

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

Showing 1–50 of 86 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	28,540	-494	$7,243,165	−8.2%	7.04%
JNJ	Johnson & Johnson Healthcare	Reduced	27,641	-1,101	$6,756,565	+13.6%	6.57%
CAT	Caterpillar Inc Industrials	Reduced	7,472	-815	$5,293,613	+11.5%	5.15%
CVX	Chevron Corp Energy	Reduced	22,481	-363	$4,651,318	+33.6%	4.52%
XOM	Exxon Mobil Corp Energy	Reduced	24,141	-1,364	$4,095,761	+33.4%	3.98%
MSFT	Microsoft Corp Technology	Added	9,936	+4	$3,678,008	−23.4%	3.58%
WMT	Walmart Inc. Consumer Defensive	Reduced	29,353	-1,416	$3,647,990	+6.4%	3.55%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	23,544	-170	$3,400,695	+0.1%	3.31%
JPM	Jpmorgan Chase & Co Financial Services	Held	11,066	0	$3,255,173	−8.7%	3.17%
IBM	International Business Machines Corp Technology	Reduced	11,601	-15	$2,811,965	−18.3%	2.73%
GOOGL	Alphabet Inc. Communication Services	Reduced	9,703	-50	$2,790,194	−8.6%	2.71%
KO	Coca Cola Co Consumer Defensive	Held	30,226	0	$2,298,686	+8.8%	2.24%
UNP	Union Pacific Corp Industrials	Reduced	9,366	-478	$2,272,378	−0.2%	2.21%
NVDA	Nvidia Corp Technology	Reduced	12,804	-1,927	$2,233,017	−18.7%	2.17%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,866	-15	$1,863,874	−5.1%	1.81%
BMY	Bristol Myers Squibb Co Healthcare	Held	29,306	0	$1,777,408	+12.4%	1.73%
PM	Philip Morris International Inc. Consumer Defensive	Held	10,599	0	$1,752,438	+3.1%	1.70%
MRK	Merck & Co., Inc. Healthcare	Held	14,441	0	$1,737,107	+14.3%	1.69%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	7,260	-786	$1,512,039	−18.6%	1.47%
NSC	Norfolk Southern Corp Industrials	Reduced	5,256	-100	$1,508,472	−2.5%	1.47%
TXN	Texas Instruments Inc Technology	Held	6,779	0	$1,316,075	+11.9%	1.28%
NEE	Nextera Energy Inc Utilities	Held	13,740	0	$1,276,171	+15.7%	1.24%
TGT	Target Corp Consumer Defensive	Reduced	10,418	-26	$1,262,661	+23.7%	1.23%
ADP	Automatic Data Processing Inc Technology	Reduced	5,802	-8	$1,178,850	−21.1%	1.15%
GE	General Electric Co Industrials	Reduced	3,944	-8	$1,119,188	−8.1%	1.09%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Reduced	6,164	-6	$1,069,145	−6.6%	1.04%
IAU	Ishares Gold Trust	Added	11,677	+1,688	$1,029,444	+27.0%	1.00%
FDX	Fedex Corp Industrials	Held	2,703	0	$962,754	+23.3%	0.94%
LLY	ELI LILLY & Co Healthcare	Reduced	1,040	-70	$956,560	−19.8%	0.93%
GL	Globe Life Inc. Financial Services	Held	6,750	0	$939,397	−0.5%	0.91%
BNY	Bank of New York Mellon Corp Financial Services	Held	7,555	0	$896,249	+2.2%	0.87%
MO	Altria Group, Inc. Consumer Defensive	Held	13,546	0	$893,900	+14.4%	0.87%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	2,688	-1	$884,055	−4.5%	0.86%
GEV	GE Vernova Inc. Industrials	Added	987	+2	$861,552	+33.8%	0.84%
HON	Honeywell International Inc Industrials	Reduced	3,735	-3	$844,221	+15.8%	0.82%
ORCL	Oracle Corp Technology	Reduced	5,733	-554	$843,381	−31.2%	0.82%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,752	0	$839,558	−4.7%	0.82%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	830	-22	$827,036	+12.6%	0.80%
MCD	Mcdonalds Corp Consumer Cyclical	Held	2,615	0	$812,715	+1.7%	0.79%
AXP	American Express Co Financial Services	Reduced	2,568	-48	$776,768	−19.7%	0.76%
AVGO	Broadcom Inc. Technology	Reduced	2,481	-454	$767,894	−24.4%	0.75%
PEP	Pepsico Inc Consumer Defensive	Reduced	4,798	-236	$745,081	+3.1%	0.72%
V	Visa Inc. Financial Services	Held	2,409	0	$728,095	−13.8%	0.71%
META	Meta Platforms, Inc. Communication Services	Held	1,262	0	$722,027	−13.3%	0.70%
PFE	Pfizer Inc Healthcare	Held	25,282	0	$709,918	+12.8%	0.69%
CSCO	Cisco Systems, Inc. Technology	Reduced	8,183	-66	$634,918	−0.1%	0.62%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	10,596	-380	$610,752	+3.4%	0.59%
RTX	RTX Corp Industrials	Reduced	3,164	-200	$610,335	−1.1%	0.59%
BA	Boeing Co Industrials	Held	3,008	0	$598,681	−8.3%	0.58%
MA	Mastercard Inc Financial Services	Reduced	1,194	-27	$596,593	−14.4%	0.58%