SEC 13F Intelligence

Managers / Q1 2026

City State Bank

CIK 0001910666 · 1225 COLONIAL PKWY, NORWALK, IA, 50211 · 515-981-4234

Reported Value
$385M
Q1 2026
Positions
784
Filings on Record
20
2019–present window
Filed
Apr 20, 2026
original filing

Summary

City State Bank reported $385M in U.S.-listed holdings across 784 positions for Q1 2026.

Its largest position, DFCF, represents 4.0% of the portfolio.

Compared with Q4 2025, the fund opened 34 new positions and exited 17.

Portfolio Metrics

Turnover
+3.3%
vs prior filed quarter
Top-10 Concentration
+29.4%
share of reported value
Largest Position
+4.0%
Dimensional Etf Trust Core Fixed Income
New / Exited
34 / 17
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’22: $162MQ1 ’22Q2 ’22: $143MQ3 ’22: $143MQ3 ’22Q1 ’23: $174,809Q2 ’23: $185,330Q2 ’23Q3 ’23: $181,483Q4 ’23: $199,530Q4 ’23Q1 ’24: $226,495Q3 ’24: $274MQ3 ’24Q4 ’24: $283MQ1 ’25: $303MQ1 ’25Q2 ’25: $319MQ3 ’25: $346MQ3 ’25Q4 ’25: $365MQ1 ’26: $385MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 60.6%Common Stock: 37.3%ADR: 1.1%Other: 0.7%REIT: 0.2%Other: 0.1%
  • ETP · 60.6% · $234M
  • Common Stock · 37.3% · $144M
  • ADR · 1.1% · $4M
  • Other · 0.7% · $3M
  • REIT · 0.2% · $722,018
  • Other · 0.1% · $363,079

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Amcor Plc Ordinary SharesNEW+4.5K4.5K+$179,670$179,670
CORZCore Scientific Inc Ordinary Shares - NewNEW+9.8K9.8K+$146,922$146,922
FMBHFirst Mid Bancshares Inc. Ordinary SharesNEW+3.1K3.1K+$126,124$126,124
HNIHni Corp. Ordinary SharesNEW+3.6K3.6K+$120,204$120,204
WATWaters Corp. Ordinary SharesNEW+189189+$56,284$56,284
GPNGlobal Payments, Inc. Ordinary SharesNEW+740740+$49,802$49,802
Invesco Exchange-Traded Self-Indexed Fund Trust Bulletshares 2026 Corporate Bond EtfNEW+1.1K1.1K+$22,381$22,381
Invesco Exchange-Traded Self-Indexed Fund Trust Bulletshares 2031 Corporate Bond EtfNEW+1.3K1.3K+$22,106$22,106

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DFCFDimensional Etf Trust Core Fixed Incomehistory →CORE FIXED INCOM4.03%$16M368.1K
2AAPLApple Inc Ordinary Shareshistory →COM3.86%$15M58.6K
3Vanguard Bond Index Funds Intermediate-Term EtfINTERMED TERM3.71%$14M185.2K
4DFSDDimensional Etf Trust Short-Duration Fixed Incomehistory →SHORT DURATION F3.27%$13M263.1K
5Vanguard Bond Index Funds Short-Term EtfSHORT TRM BOND2.99%$12M146.8K
6Vanguard Specialized Funds Dividend Appreciation FtfDIV APP ETF2.57%$10M46.1K
7Vanguard High Dividend Yield EtfHIGH DIV YLD2.52%$10M65.6K
8Vanguard Whitehall Funds Emerging Markets Government Bond EtfEM MK GOV BD ETF2.17%$8M127.3K
9Dimensional Etf Trust U.S. Targeted ValueUS TARGETED VLU2.17%$8M133.8K
10Vanguard Total Bond Market EtfTOTAL BND MRKT2.11%$8M110.3K
11Ishares Trust Core U.S. Aggregate Bond EtfCORE US AGGBD ET1.91%$7M74.3K
12BRK/BBerkshire Hathaway Inc. Ordinary Shares - Class Bhistory →CL B NEW1.69%$6M13.6K
13Vanguard Charlotte Funds Total International Bond EtfTOTAL INT BD ETF1.64%$6M131.8K
14Ishares Trust 0-5 Year Tips Bond Etf0-5 YR TIPS ETF1.64%$6M61.1K
15MSFTMicrosofthistory →COM1.59%$6M16.5K
16NVDANvidia Corp Ordinary Shareshistory →COM1.59%$6M35.1K
17Ishares Trust 5-10 Year Investment Grade Corporate Bond EtfISHS 5-10YR INVT1.56%$6M113.2K
18GOOGAlphabet Inc Ordinary Shares - Class Chistory →CAP STK CL C1.50%$6M20.2K
19VUGVanguard Index Funds Growth Etfhistory →GROWTH ETF1.43%$6M12.6K
20LNTAlliant Energy Corp. Ordinary Shareshistory →COM1.36%$5M73.0K
21DFAIDimensional Etf Trust International Core Equity Markethistory →INTL CORE EQT MK1.34%$5M132.1K
22Dimensional Etf Trust Global Core Plus Fixed IncomeGLOBAL CORE PLUS1.23%$5M87.8K
23MUMicron Technology Inc. Ordinary Shareshistory →COM1.21%$5M13.8K
24VTVVanguard Index Funds Value Etfhistory →VALUE ETF1.16%$4M22.8K
25Spdr Series Trust Bloomberg Emerging Markets Local Bond EtfBLOOMBERG EMERGI1.15%$4M215.5K
26DFIVDimensional Etf Trust International Valuehistory →INTERNATNAL VAL1.14%$4M83.4K
27AMZNAmazon.com Inc. Ordinary Shareshistory →COM1.10%$4M20.3K
28DUHPDimensional Etf Trust US High ProfitabilityUS HIGH PROFITAB0.99%$4M103.3K
29Dimensional Etf Trust Emerging Core Equity MarketEMGR CRE EQT MNG0.91%$4M103.5K
30DFACDimensional Etf Trust U.S. Core Equity 2US CORE EQUITY 20.90%$3M89.3K
31Vanguard Index Funds Mid-Cap EtfMID CAP ETF0.90%$3M12.1K
32Vanguard World Fund Financials EtfFINANCIALS ETF0.87%$3M27.7K
33Dimensional Etf Trust US Large Cap ValueUS LARGE CAP VAL0.78%$3M84.2K
34Spdr S&p 500 Etf TrustTR UNIT0.74%$3M4.4K
35JNJJohnson & JohnsonCOM0.72%$3M11.4K
36CATCaterpiller, Inc DELCOM0.71%$3M3.9K
37Vanguard Index Funds Small Cap EtfSMALL CP ETF0.71%$3M10.4K
38TSMTaiwan Semiconductor Manufacturing LTDSPONSORED ADS0.70%$3M8.0K
39LLYLilly(eli) & Co Ordinary SharesCOM0.69%$3M2.9K
40JPMJPMorgan Chase & Co.COM0.66%$3M8.7K
41DFIPDimensional Etf Trust Inflation-Protected SecuritiesINFLATION PROTE0.66%$3M60.6K
42RTXRtx Corp Ordinary SharesCOM0.62%$2M12.4K
43Vanguard World Fund Information Technology EtfINF TECH ETF0.60%$2M3.3K
44DIHPDimensional Etf Trust International High ProfitabilityINTL HIGH PROFIT0.59%$2M70.3K
45COSTCostco Wholesale Corp Ordinary SharesCOM0.58%$2M2.2K
46Ishares Trust International Aggregate Bond FundCORE INTL AGGR0.55%$2M42.0K
47Vanguard International Equity Index Funds Ftse Emerging Markets EtfFTSE EMR MKT ETF0.54%$2M38.6K
48ABBVAbbvie Inc Ordinary SharesCOM0.52%$2M9.2K
49Vanguard World Fund Health Care EtfHEALTH CAR ETF0.48%$2M6.8K
50Vanguard Index Funds Small Cap Value EtfSM CP VAL ETF0.46%$2M8.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$385M784Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$365M767Jan 28, 202613F-HRchanges · EDGAR ↗
Q3 2025$346M742Oct 16, 202513F-HRchanges · EDGAR ↗
Q2 2025$319M748Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$303M752Apr 11, 202513F-HRchanges · EDGAR ↗
Q4 2024$283M727Jan 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$274M740Oct 10, 202413F-HRchanges · EDGAR ↗
Q2 2024Under review730Jul 9, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2024$226,495711Apr 11, 202413F-HRchanges · EDGAR ↗
Q4 2023$199,530680Jan 10, 202413F-HRchanges · EDGAR ↗
Q3 2023$181,483730Oct 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$185,330703Jul 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$174,809684Apr 10, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review653Jan 12, 202313F-HRchanges · EDGAR ↗
Q3 2022$143M701Oct 24, 202213F-HRchanges · EDGAR ↗
Q2 2022$143M702Aug 22, 202213F-HRchanges · EDGAR ↗
Q1 2022$162M667Mar 23, 2022RESTATEMENTchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.