Managers / Q3 2022 · view latest →
City State Bank
CIK 0001910666 · 1225 COLONIAL PKWY, NORWALK, IA, 50211 · 515-981-4234
Summary
City State Bank reported $143M in U.S.-listed holdings across 701 positions for Q3 2022.
Its largest position, AAPL, represents 5.9% of the portfolio.
Compared with Q2 2022, the fund opened 19 new positions and exited 20.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 56.2% · $80M
- ETP · 41.7% · $60M
- Other · 1.4% · $2M
- REIT · 0.4% · $582,000
- ADR · 0.2% · $333,000
- Other · 0.1% · $118,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| Dimensional U S Targeted Value Etf | NEW | +60.7K | 60.7K | +$2M | $2M |
| DFACDimensional U S Core Equity 2 Etf | NEW | +21.4K | 21.4K | +$476,000 | $476,000 |
| Ishares Russell 2000 Growth Etf | NEW | +300 | 300 | +$62,000 | $62,000 |
| SCHWCharles Schwab Corp COMMON | NEW | +560 | 560 | +$40,000 | $40,000 |
| Ft Cboe Vest US Equity Buffer Etf - April Eqy Buff | NEW | +1.4K | 1.4K | +$39,000 | $39,000 |
| SHELShell Plc ADR Each Rep 2 CORP COMMON | NEW | +780 | 780 | +$39,000 | $39,000 |
| INTUIntuit INC CORP COMMON | NEW | +50 | 50 | +$19,000 | $19,000 |
| DRIDarden Restaurants INC CORP COMMON | NEW | +135 | 135 | +$17,000 | $17,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2022
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $385M | 784 | Apr 20, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $365M | 767 | Jan 28, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $346M | 742 | Oct 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $319M | 748 | Jul 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $303M | 752 | Apr 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $283M | 727 | Jan 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $274M | 740 | Oct 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | Under review | 730 | Jul 9, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2024 | $226,495 | 711 | Apr 11, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $199,530 | 680 | Jan 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $181,483 | 730 | Oct 16, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $185,330 | 703 | Jul 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $174,809 | 684 | Apr 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 653 | Jan 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $143M | 701 | Oct 24, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $143M | 702 | Aug 22, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $162M | 667 | Mar 23, 2022 | RESTATEMENT | changes · 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 ↗.