CSM Advisors, LLC — 13F Holdings & Portfolio

CIK 1863523 · latest 13F-HR filed 2026-08-14

CSM Advisors, LLC manages $4.68B in 13F-reported U.S. long-equity assets across 406 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (4.30%), NVDA (3.23%), AMZN (2.69%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 49 new positions and exited 50; 220 existing positions rose in reported value and 84 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$4.68B

Long-equity book

Holdings
406

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+49 / −50 / ↑220 / ↓84

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 24.3%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated May 21, 2026.

Assets Under Management
$11.65B
Discretionary
$11.65B
Employees
44
Accounts
554
Address
2000 ERICSSON DRIVE
SUITE 100
WARRENDALE, PA 15086
Phone
(412) 566-1234
Name Title / Status Ownership Type
ALLEN, BRIAN, SCOTT ControlCHIEF INVESTMENT OFFICER
since Jul 2023
Less than 5%Individual
AZIMUT NSI LLC ControlSOLE MEMBER
since Apr 2018
75% or moreDomestic Entity
COX, BRADLEY, WILLIAM ControlCHIEF FINANCIAL OFFICER
since Jul 2023
Less than 5%Individual
FORD, TIMOTHY, PATRICK ControlCHIEF EXECUTIVE OFFICER
since May 2025
Less than 5%Individual
GOODWIN, MARK, DAVID ControlCHAIRMAN
since Oct 2019
Less than 5%Individual
MOLOTSKY, ALAN, EUGENE ControlCHIEF LEGAL OFFICER
since Oct 2019
Less than 5%Individual
SKREPPEN, ULF, ARTHUR ControlCHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER
since Mar 2020
Less than 5%Individual
AZIMUT HOLDINGS S.P.A. Control
Indirect owner via AZIMUT UK HOLDINGS LTD
SOLE MEMBER OF AZIMUT UK HOLDINGS LTD
since Jan 2026
75% or moreForeign Entity
AZIMUT UK HOLDINGS LTD Control
Indirect owner via AZIMUT US HOLDINGS INC
SOLE MEMBER OF AZIMUT US HOLDINGS INC
since Jan 2026
75% or moreForeign Entity
AZIMUT US HOLDINGS INC Control
Indirect owner via AZIMUT NSI LLC
SOLE MEMBER OF AZIMUT NSI LLC
since Jan 2026
75% or moreDomestic Entity
GOODWIN, MARK, DAVID Control
Indirect owner via AZIMUT NSI LLC
ELECTED MANAGER OF SOLE MEMBER
since Jan 2026
General partner, trustee or managerIndividual
KURTTILA, DANA, ALAN Control
Indirect owner via AZIMUT NSI LLC
ELECTED MANAGER OF SOLE MEMBER
since Jan 2026
General partner, trustee or managerIndividual
MANERI, MARCO, RABITO Control
Indirect owner via AZIMUT NSI LLC
ELECTED MANAGER OF SOLE MEMBER
since Jan 2026
General partner, trustee or managerIndividual
MEDDA, GIORGIO Control
Indirect owner via AZIMUT NSI LLC
ELECTED MANAGER OF SOLE MEMBER
since Jan 2026
General partner, trustee or managerIndividual
Pracca, Vittorio, Federico Control
Indirect owner via AZIMUT NSI LLC
ELECTED MANAGER OF SOLE MEMBER
since Jan 2026
General partner, trustee or managerIndividual
SONZOGNI, MARIA, GRAZIA Control
Indirect owner via AZIMUT NSI LLC
ELECTED MANAGER OF SOLE MEMBER
since Jan 2026
General partner, trustee or managerIndividual
Ownership & leadership changes · 11 filings with changes since Oct 16, 2019

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

May 21, 2026 filing
  • No longer listedAZIMUT US HOLDINGS INC. · SOLE MEMBER OF AZIMUT NSI LLC · 75% or more · control person · listed since Jan 2026
  • AddedAZIMUT US HOLDINGS INC · SOLE MEMBER OF AZIMUT NSI LLC · 75% or more · indirect via AZIMUT NSI LLC · control person
Feb 9, 2026 filing
  • No longer listedCSM GROUP HOLDINGS LLC · SOLE MEMBER OF CSM GROUP INTERMEDIATE HOLDINGS LLC · 75% or more · indirect via CSM GROUP INTERMEDIATE HOLDINGS LLC · control person · listed since Mar 2021
  • No longer listedCSM GROUP INTERMEDIATE HOLDINGS LLC · SOLE MEMBER OF CSM INTERMEDIATE HOLDINGS, LLC · 75% or more · indirect via CSM INTERMEDIATE HOLDINGS, LLC · control person · listed since Mar 2021
  • No longer listedCSM HOLDINGS, LLC · SOLE MEMBER OF CSM GROUP HOLDINGS, LLC · 75% or more · indirect via CSM GROUP HOLDINGS LLC · listed since Oct 2019
  • No longer listedCSM INTERMEDIATE HOLDINGS, LLC · SOLE MEMBER · 75% or more · control person · listed since Oct 2019
  • No longer listedESTANCIA CAPITAL PARTNERS FUND II, L.P. · MEMBER · 50–75% · indirect via NSI HOLDCO, LLC · control person · listed since Apr 2018
  • No longer listedESTANCIA GP II, L.P. · GENERAL PARTNER · General partner, trustee or manager · indirect via ESTANCIA CAPITAL PARTNERS FUND II, L.P. · control person · listed since Jan 2018
  • No longer listedESTANCIA UGP II, LCC · GENERAL PARTNER · General partner, trustee or manager · indirect via ESTANCIA GP II, L.P. · control person · listed since Jan 2018
  • No longer listedKANG, DANNY, ALLAN · MANAGING DIRECTOR · General partner, trustee or manager · indirect via ESTANCIA UGP II, LCC · control person · listed since Jan 2018
  • No longer listedMENDEZ, MICHAEL, CASARES · MANAGING DIRECTOR · General partner, trustee or manager · indirect via ESTANCIA UGP II, LCC · control person · listed since Jan 2018
  • No longer listedMORIUCHI, TAKASHI, BAYARD · MANAGING DIRECTOR · General partner, trustee or manager · indirect via ESTANCIA UGP II, LCC · control person · listed since Jan 2018
  • No longer listedNSI HOLDCO, LLC · MEMBER · 50–75% · indirect via CSM HOLDINGS, LLC · control person · listed since Oct 2019
  • AddedAZIMUT HOLDINGS S.P.A. · SOLE MEMBER OF AZIMUT UK HOLDINGS LTD · 75% or more · indirect via AZIMUT UK HOLDINGS LTD · control person
  • AddedAZIMUT NSI LLC · SOLE MEMBER · 75% or more · control person
  • AddedAZIMUT UK HOLDINGS LTD · SOLE MEMBER OF AZIMUT US HOLDINGS INC · 75% or more · indirect via AZIMUT US HOLDINGS INC · control person
  • AddedAZIMUT US HOLDINGS INC. · SOLE MEMBER OF AZIMUT NSI LLC · 75% or more · control person
  • AddedGOODWIN, MARK, DAVID · ELECTED MANAGER OF SOLE MEMBER · General partner, trustee or manager · indirect via AZIMUT NSI LLC · control person
  • AddedKURTTILA, DANA, ALAN · ELECTED MANAGER OF SOLE MEMBER · General partner, trustee or manager · indirect via AZIMUT NSI LLC · control person
  • AddedMANERI, MARCO, RABITO · ELECTED MANAGER OF SOLE MEMBER · General partner, trustee or manager · indirect via AZIMUT NSI LLC · control person
  • AddedMEDDA, GIORGIO · ELECTED MANAGER OF SOLE MEMBER · General partner, trustee or manager · indirect via AZIMUT NSI LLC · control person
  • AddedPracca, Vittorio, Federico · ELECTED MANAGER OF SOLE MEMBER · General partner, trustee or manager · indirect via AZIMUT NSI LLC · control person
  • AddedSONZOGNI, MARIA, GRAZIA · ELECTED MANAGER OF SOLE MEMBER · General partner, trustee or manager · indirect via AZIMUT NSI LLC · control person
Oct 30, 2025 filing
  • No longer listedGENSHEIMER, MARK, RICHARD · PRESIDENT · Less than 5% · control person · listed since Mar 2020
May 28, 2025 filing
  • AddedFORD, TIMOTHY, PATRICK · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
  • ChangedESTANCIA CAPITAL PARTNERS FUND II, L.P. · indirect via NSI HOLDCO, LLC: ownership 75% or more → 50–75%
  • ChangedNSI HOLDCO, LLC · indirect via CSM HOLDINGS, LLC: ownership 75% or more → 50–75%
Mar 28, 2024 filing
  • AddedALLEN, BRIAN, SCOTT · CHIEF INVESTMENT OFFICER · Less than 5% · control person
Jun 16, 2023 filing
  • ChangedCOX, BRADLEY, WILLIAM · title CFO → CHIEF FINANCIAL OFFICER
  • ChangedSKREPPEN, ULF, ARTHUR · title COO/CCO → CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER
Jun 13, 2023 filing
  • AddedCOX, BRADLEY, WILLIAM · CFO · Less than 5% · control person
  • ChangedMOLOTSKY, ALAN, EUGENE · title CFO → CHIEF LEGAL OFFICER
Mar 31, 2023 filing
  • ChangedSKREPPEN, ULF, ARTHUR · title CCO → COO/CCO
Mar 31, 2021 filing
  • No longer listedCSM HOLDINGS, LLC · OWNER OF CSM INTERMEDIATE HOLDINGS, LLC · 75% or more · indirect via CSM INTERMEDIATE HOLDINGS, LLC · listed since Oct 2019
  • No longer listedNSI HOLDCO, LLC · MEMBER · 75% or more · indirect via CSM INTERMEDIATE HOLDINGS, LLC · control person · listed since Oct 2019
  • AddedCSM GROUP HOLDINGS LLC · SOLE MEMBER OF CSM GROUP INTERMEDIATE HOLDINGS LLC · 75% or more · indirect via CSM GROUP INTERMEDIATE HOLDINGS LLC · control person
  • AddedCSM GROUP INTERMEDIATE HOLDINGS LLC · SOLE MEMBER OF CSM INTERMEDIATE HOLDINGS, LLC · 75% or more · indirect via CSM INTERMEDIATE HOLDINGS, LLC · control person
  • AddedCSM HOLDINGS, LLC · SOLE MEMBER OF CSM GROUP HOLDINGS, LLC · 75% or more · indirect via CSM GROUP HOLDINGS LLC
  • AddedNSI HOLDCO, LLC · MEMBER · 75% or more · indirect via CSM HOLDINGS, LLC · control person
Aug 31, 2020 filing
  • ChangedGENSHEIMER, MARK, RICHARD · title PRESIDENT OF CSM ADVISORS, LLC → PRESIDENT
  • ChangedGOODWIN, MARK, DAVID · title CEO OF NSI HOLDCO, LLC → CHAIRMAN
  • ChangedSKREPPEN, ULF, ARTHUR · title CCO OF CSM ADVISORS, LLC → CCO
Older changes (2 more filings)
Mar 17, 2020 filing
  • AddedCSM HOLDINGS, LLC · OWNER OF CSM INTERMEDIATE HOLDINGS, LLC · 75% or more · indirect via CSM INTERMEDIATE HOLDINGS, LLC
  • AddedGENSHEIMER, MARK, RICHARD · PRESIDENT OF CSM ADVISORS, LLC · Less than 5% · control person
  • AddedSKREPPEN, ULF, ARTHUR · CCO OF CSM ADVISORS, LLC · Less than 5% · control person
  • ChangedGOODWIN, MARK, DAVID · title CHIEF EXECUTIVE OFFICER → CEO OF NSI HOLDCO, LLC
  • ChangedMOLOTSKY, ALAN, EUGENE · title CHIEF COMPLIANCE OFFICER; GENERAL COUNSEL; CHIEF FINANCIAL OFFICER; SENIOR MANAGING DIRECTOR → CFO
Oct 16, 2019 filing (earliest on record)
  • ListedCSM INTERMEDIATE HOLDINGS, LLC · SOLE MEMBER · 75% or more · control person
  • ListedESTANCIA CAPITAL PARTNERS FUND II, L.P. · MEMBER · 75% or more · indirect via NSI HOLDCO, LLC · control person
  • ListedESTANCIA GP II, L.P. · GENERAL PARTNER · General partner, trustee or manager · indirect via ESTANCIA CAPITAL PARTNERS FUND II, L.P. · control person
  • ListedESTANCIA UGP II, LCC · GENERAL PARTNER · General partner, trustee or manager · indirect via ESTANCIA GP II, L.P. · control person
  • ListedGOODWIN, MARK, DAVID · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
  • ListedKANG, DANNY, ALLAN · MANAGING DIRECTOR · General partner, trustee or manager · indirect via ESTANCIA UGP II, LCC · control person
  • ListedMENDEZ, MICHAEL, CASARES · MANAGING DIRECTOR · General partner, trustee or manager · indirect via ESTANCIA UGP II, LCC · control person
  • ListedMOLOTSKY, ALAN, EUGENE · CHIEF COMPLIANCE OFFICER; GENERAL COUNSEL; CHIEF FINANCIAL OFFICER; SENIOR MANAGING DIRECTOR · Less than 5% · control person
  • ListedMORIUCHI, TAKASHI, BAYARD · MANAGING DIRECTOR · General partner, trustee or manager · indirect via ESTANCIA UGP II, LCC · control person
  • ListedNSI HOLDCO, LLC · MEMBER · 75% or more · indirect via CSM INTERMEDIATE HOLDINGS, LLC · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 220 →

Top Trims

Show all 84 →

Exited Positions

Show all 50 →

CSM Advisors, LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 APPLE INC AAPL 037833100 $201.6M 4.30% 696,554 SH
2 NVIDIA CORP NVDA 67066G104 $151.2M 3.23% 755,575 SH
3 AMAZON COM INC AMZN 023135106 $125.9M 2.69% 528,300 SH
4 STATE ST SPDR S&P500 SPY 78462F103 $120.8M 2.58% 161,730 SH
5 ALPHABET INC GOOGL 02079K305 $114.8M 2.45% 321,210 SH
6 INVESCO QQQ TR QQQ 46090E103 $112.8M 2.41% 153,111 SH
7 VANGUARD INDEX TR VUG 922908736 $105.5M 2.25% 1,224,556 SH
8 VANGUARD INDEX TR VTV 922908744 $80.0M 1.71% 367,088 SH
9 CATERPILLAR INC CAT 149123101 $64.0M 1.37% 60,087 SH
10 US BANCORP DEL USB 902973304 $62.8M 1.34% 1,040,134 SH
11 CUMMINS INC CMI 231021106 $58.4M 1.25% 81,820 SH
12 BROADCOM INC AVGO 11135F101 $58.3M 1.25% 154,440 SH
13 JOHNSON & JOHNSON JNJ 478160104 $55.8M 1.19% 219,688 SH
14 ISHARES IWM 464287655 $54.2M 1.16% 180,421 SH
15 DELTA AIR LINES DAL 247361702 $50.5M 1.08% 539,602 SH
16 ISHARES INC EZU 464286608 $50.1M 1.07% 720,820 SH
17 HARTFORD INSURANCE HIG 416515104 $49.0M 1.05% 370,075 SH
18 CITIGROUP INC C 172967424 $47.4M 1.01% 338,868 SH
19 ALPHABET INC GOOG 02079K107 $47.3M 1.01% 133,777 SH
20 JPMORGAN CHASE & CO JPM 46625H100 $47.1M 1.01% 144,025 SH
21 MICROSOFT CORP MSFT 594918104 $45.4M 0.97% 121,715 SH
22 BANK OF NEW YORK MEL BNY 064058100 $41.4M 0.88% 286,303 SH
23 ALTRIA GROUP INC MO 02209S103 $40.6M 0.87% 564,821 SH
24 VERIZON COMMUNICATIO VZ 92343V104 $40.0M 0.86% 945,654 SH
25 CISCO SYSTEMS INC CSCO 17275R102 $38.8M 0.83% 330,194 SH
26 CHEVRON CORP CVX 166764100 $37.6M 0.80% 227,111 SH
27 TESLA INC TSLA 88160R101 $37.6M 0.80% 89,311 SH
28 GOLDMAN SACHS GROUP GS 38141G104 $37.5M 0.80% 37,079 SH
29 ABBVIE INC ABBV 00287Y109 $36.1M 0.77% 143,403 SH
30 SYNCHRONY FINL SYF 87165B103 $34.0M 0.73% 446,750 SH
31 ADV MICRO DEVICES AMD 007903107 $33.5M 0.71% 57,607 SH
32 LILLY ELI & CO LLY 532457108 $33.0M 0.70% 27,478 SH
33 SELECT SECTOR SPDR XLV 81369Y209 $32.1M 0.68% 202,041 SH
34 EOG RESOURCES INC EOG 26875P101 $32.0M 0.68% 246,309 SH
35 GENERAL MOTORS CO GM 37045V100 $31.5M 0.67% 408,559 SH
36 KLA CORPORATION KLAC 482480100 $27.6M 0.59% 91,520 SH
37 DUKE ENERGY CORP DUK 26441C204 $27.4M 0.59% 216,822 SH
38 NEXTERA ENERGY INC NEE 65339F101 $27.1M 0.58% 308,846 SH
39 SHELL PLC SHEL 780259305 $26.8M 0.57% 345,744 SH
40 ELEVANCE HEALTH INC ELV 036752103 $25.9M 0.55% 66,878 SH
41 VANGUARD SCOTTSDAL VTWO 92206C664 $25.9M 0.55% 212,943 SH
42 AMERIPRISE FINANCIAL AMP 03076C106 $25.4M 0.54% 55,466 SH
43 NUCOR CORP NUE 670346105 $25.3M 0.54% 113,540 SH
44 INTL BUSINESS MCHN IBM 459200101 $25.1M 0.54% 89,165 SH
45 SIMON PPTY INC SPG 828806109 $24.4M 0.52% 109,192 SH
46 SALESFORCE INC CRM 79466L302 $24.4M 0.52% 155,537 SH
47 ZOOM COMMUNICATIONS ZM 98980L101 $24.3M 0.52% 281,078 SH
48 COCA-COLA EUROPACI CCEP G25839104 $22.2M 0.47% 221,337 SH
49 UNITED RENTALS INC URI 911363109 $21.8M 0.47% 19,263 SH
50 THE CIGNA GROUP CI 125523100 $21.8M 0.46% 78,966 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $4.68B 406 0001863523-26-000003
2026-03-31 2026-05-15 $4.07B 407 0001863523-26-000002
2025-12-31 2026-02-11 $3.68B 399 0001863523-26-000001
2025-09-30 2025-11-14 $3.58B 402 0001863523-25-000010
Filer Information
Address
2000 ERICSSON DRIVE
SUITE 100
WARRENDALE, PA 15086-6507
Phone
(412) 566-1234
Filing Manager
CSM Advisors, LLC
WARRENDALE, PA
Signatory
Kurt Threlfall
Investment Performance Manager