Exchange Bank — 13F Holdings & Portfolio
CIK 2001155 · latest 13F-HR filed 2026-04-08
Exchange Bank manages $144.3M in 13F-reported U.S. long-equity assets across 177 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are JNJ (4.39%), AAPL (4.05%), MUB (3.79%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 9, added to 35, and trimmed 38.
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.
$144.3M
Long-equity book
177
Distinct positions
2026-03-31
Filed 2026-04-08
+5 / −9 / ↑35 / ↓38
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CHEVRON CORP$1.2M +33.6%
- EXXON MOBIL CORP$1.0M +33.4%
- VANGUARD EMERGING MARKETS STOCK$820.1K +168.5%
- JOHNSON & JOHNSON$808.4K +13.6%
- CATERPILLAR INC$546.2K +11.5%
Top Trims
- MICROSOFT CORP-$1.1M -23.4%
- APPLE INC-$650.0K -8.2%
- INTERNATIONAL BUSINESS MACHS-$628.8K -18.3%
- NVIDIA CORPORATION-$514.3K -18.7%
- ORACLE CORP-$382.0K -31.2%
New Positions
- VALERO ENERGY CORP NEW$256.5K
- EATON VANCE$229.7K
- LINDE PLC$211.2K
- CORTEVA INC$207.9K
- EVERSOURCE ENERGY$200.2K
Exited Positions
- ABBOTT LABORATORIES$292.7K
- AON PLC SHS CL A$284.4K
- QUALCOMM INC$255.0K
- DANAHER CORP$235.8K
- GENUINE PARTS CO$218.7K
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 | JOHNSON & JOHNSON | JNJ | 478160104 | $6.3M | 4.39% | 25,909 | SH |
| 2 | APPLE INC | AAPL | 037833100 | $5.8M | 4.05% | 23,020 | SH |
| 3 | ISHARES NATIONAL AMT-FREE MUNI | MUB | 464288414 | $5.5M | 3.79% | 51,505 | SH |
| 4 | CATERPILLAR INC | CAT | 149123101 | $5.2M | 3.59% | 7,322 | SH |
| 5 | CHEVRON CORP | CVX | 166764100 | $4.4M | 3.08% | 21,494 | SH |
| 6 | EXXON MOBIL CORP | XOM | 30231G102 | $3.9M | 2.73% | 23,253 | SH |
| 7 | VANGUARD TOTAL STOCK MARKET ETF | VTI | 922908769 | $3.6M | 2.48% | 11,145 | SH |
| 8 | WALMART INC | WMT | 931142103 | $3.5M | 2.45% | 28,408 | SH |
| 9 | VANGUARD TOTAL BOND MARKET ETF | BND | 921937835 | $3.3M | 2.25% | 44,171 | SH |
| 10 | ISHARES CORE TOTAL US BOND | AGG | 464287226 | $3.1M | 2.15% | 31,226 | SH |
| 11 | JP MORGAN CHASE & CO | JPM | 46625H100 | $3.0M | 2.05% | 10,056 | SH |
| 12 | MICROSOFT CORP | MSFT | 594918104 | $2.7M | 1.85% | 7,229 | SH |
| 13 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $2.6M | 1.82% | 10,851 | SH |
| 14 | PROCTER & GAMBLE CO | PG | 742718109 | $2.5M | 1.75% | 17,462 | SH |
| 15 | ALPHABET INC | GOOGL | 02079K305 | $2.4M | 1.68% | 8,417 | SH |
| 16 | COCA-COLA CO | KO | 191216100 | $2.2M | 1.52% | 28,890 | SH |
| 17 | BERKSHIRE HATHAWAY INC | BRK.A | 084670108 | $2.2M | 1.49% | 3 | SH |
| 18 | UNION PACIFIC CORP | UNP | 907818108 | $2.1M | 1.44% | 8,549 | SH |
| 19 | ISHARES CORE S&P MID-CAP (MKT) | IJH | 464287507 | $2.0M | 1.35% | 28,930 | SH |
| 20 | SCHWAB US BROAD MARKET ETFT | SCHB | 808524102 | $1.9M | 1.33% | 76,500 | SH |
| 21 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.9M | 1.33% | 10,989 | SH |
| 22 | STATE STREET SPDR S&P 500 ETF | SPY | 78462F103 | $1.9M | 1.29% | 2,866 | SH |
| 23 | BRISTOL-MYERS SQUIBB CO | BMY | 110122108 | $1.8M | 1.23% | 29,306 | SH |
| 24 | PHILIP MORRIS INTERNATIONAL INC | PM | 718172109 | $1.8M | 1.21% | 10,599 | SH |
| 25 | MERCK & CO INC | MRK | 58933Y105 | $1.7M | 1.20% | 14,441 | SH |
| 26 | ALPHABET INC | GOOG | 02079K107 | $1.7M | 1.17% | 5,885 | SH |
| 27 | VANGUARD SHORT-TERM CORP BD IDX | VCSH | 92206C409 | $1.5M | 1.06% | 19,302 | SH |
| 28 | NORFOLK SOUTHERN CORP | NSC | 655844108 | $1.5M | 1.05% | 5,256 | SH |
| 29 | ISHARES CORE INTERNATIONAL | IAGG | 46435G672 | $1.4M | 0.99% | 28,446 | SH |
| 30 | APPLE INC | AAPL | 037833100 | $1.4M | 0.97% | 5,520 | SH |
| 31 | TEXAS INSTRUMENTS INC | TXN | 882508104 | $1.3M | 0.91% | 6,779 | SH |
| 32 | NEXTERA ENERGY INC | NEE | 65339F101 | $1.3M | 0.88% | 13,740 | SH |
| 33 | AMAZON COM INC SR | AMZN | 023135106 | $1.3M | 0.88% | 6,090 | SH |
| 34 | VANGUARD FTSE DEVELOPED MARKETS | VEA | 921943858 | $1.2M | 0.82% | 18,402 | SH |
| 35 | AUTOMATIC DATA PROCESSING INC | ADP | 053015103 | $1.2M | 0.82% | 5,802 | SH |
| 36 | TARGET CORP | TGT | 87612E106 | $1.2M | 0.81% | 9,683 | SH |
| 37 | GE AEROSPACE | GE | 369604301 | $1.1M | 0.78% | 3,944 | SH |
| 38 | ISHARES ST NATIONAL AMTFREE MUNI | SUB | 464288158 | $1.1M | 0.76% | 10,360 | SH |
| 39 | VANGUARD EMERGING MARKETS STOCK | VWO | 922042858 | $1.1M | 0.76% | 20,341 | SH |
| 40 | MARSH | MRSH | 571748102 | $1.1M | 0.74% | 6,164 | SH |
| 41 | ISHARES GOLD TRUST | IAU | 464285204 | $1.0M | 0.71% | 11,677 | SH |
| 42 | ISHARES SHORT-TERM CORPORATE | IGSB | 464288646 | $1.0M | 0.70% | 19,274 | SH |
| 43 | MICROSOFT CORP | MSFT | 594918104 | $1.0M | 0.69% | 2,707 | SH |
| 44 | FEDEX CORP | FDX | 31428X106 | $962.8K | 0.67% | 2,703 | SH |
| 45 | GLOBE LIFE INC | GL | 37959E102 | $939.4K | 0.65% | 6,750 | SH |
| 46 | ELI LILLY & CO | LLY | 532457108 | $908.7K | 0.63% | 988 | SH |
| 47 | ALTRIA GROUP INC | MO | 02209S103 | $893.9K | 0.62% | 13,546 | SH |
| 48 | SPDR BOFA ML CROSSOVER CORP BOND | SPHY | 78468R606 | $888.8K | 0.62% | 38,112 | SH |
| 49 | PROCTER & GAMBLE CO | PG | 742718109 | $878.5K | 0.61% | 6,082 | SH |
| 50 | GE VERNOVA INC | GEV | 36828A101 | $861.6K | 0.60% | 987 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-08 | $144.3M | 177 | 0002001155-26-000002 |
| 2025-12-31 | 2026-01-13 | $144.6M | 186 | 0002001155-26-000001 |