City State Bank
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 14, 2026), City State Bank reported 808 stock positions worth $436.4 million. Its top holding was Apple (AAPL) at 3.8% of the portfolio, followed by Dimensional Core Fixed (DFCF, 3.8%) and Micron Technology (MU, 3.4%). Compared with Q1 2026, it opened 35 new positions, sold out of 12, added to 109 and reduced 105. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +2%) and the biggest sale Alliant Energy (LNT, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- NORWALK, IA
- CIK
- 0001910666
- Portfolio Value
- $436.4M (Q2 2026)
- SEC Filing
- 0001910666-26-000003 ↗ filed Jul 14, 2026
Holdings Value
Holdings 808 stocks · $436.4M
| AAPL Apple Inc. | 3.83% | 57,703 | $16.7M | Reduce -1.6% |
| DFCF Dimensional Core Fixed Inc. | 3.80% | 392,935 | $16.6M | Add +6.8% |
| MU Micron Technology Inc. | 3.44% | 13,013 | $15.0M | Reduce -5.9% |
| BIV Vanguard Intermediate-Term B | 3.31% | 188,143 | $14.4M | Add +1.6% |
| DFSD Dimensional Short Duration | 3.11% | 284,141 | $13.6M | Add +8.0% |
| BSV Vanguard Short-Term Bond ETF | 2.66% | 149,098 | $11.6M | Add +1.6% |
| VIG Vanguard Dividend Apprec ETF | 2.56% | 47,306 | $11.2M | Add +2.6% |
| VYM Vanguard High DVD Yield ETF | 2.38% | 65,858 | $10.4M | Add +0.4% |
| DFAT Dimensional US Target Value | 2.27% | 141,574 | $9.9M | Add +5.8% |
| VWOB Vanguard Emerg MKTS Gov BND | 2.15% | 139,857 | $9.4M | Add +9.9% |
| BND Vanguard Total Bond Market | 1.91% | 113,586 | $8.3M | Add +3.0% |
| AGG iShares Core U.S. Aggregate | 1.71% | 75,203 | $7.4M | Add +1.2% |
| GOOG Alphabet Inc. Class C | 1.65% | 20,417 | $7.2M | Add +1.2% |
| NVDA Nvidia Corp. | 1.62% | 35,241 | $7.1M | Add +0.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.58% | 80,286 | $6.9M | Add +6.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.55% | 13,553 | $6.8M | No change |
| BNDX Vanguard Total Intl Bond ETF | 1.50% | 135,179 | $6.5M | Add +2.5% |
| STIP iShares 0-5 Year Tips Bond E | 1.49% | 63,568 | $6.5M | Add +4.0% |
| MSFT Microsoft Corp. | 1.48% | 17,362 | $6.5M | Add +5.0% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.40% | 114,780 | $6.1M | Add +1.4% |
| DFAI Dimensional International Co. | 1.37% | 144,938 | $6.0M | Add +9.7% |
| DFGP Dimensional GLBL Core PL Fix | 1.22% | 97,780 | $5.3M | Add +11.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.16% | 23,168 | $5.0M | Add +1.5% |
| DFIV Dimensional International Va | 1.15% | 92,663 | $5.0M | Add +11.2% |
| AMZN Amazon.com Inc. | 1.12% | 20,591 | $4.9M | Add +1.2% |
| DUHP Dimensional US High Profi Et | 1.12% | 117,273 | $4.9M | Add +13.5% |
| EBND State Street SPDR Bloomberg | 1.06% | 221,052 | $4.6M | Add +2.5% |
| DFAE Dimensional Emerging Core Eq | 1.02% | 111,172 | $4.5M | Add +7.4% |
| DFAC Dimensional US Core Equity 2 | 0.95% | 93,086 | $4.1M | Add +4.2% |
| CAT Caterpillar Inc. | 0.94% | 3,843 | $4.1M | Reduce -0.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.93% | 50,349 | $4.1M | Add +4.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.89% | 8,109 | $3.9M | Add +1.6% |
| VFH Vanguard Financials ETF | 0.83% | 27,626 | $3.6M | Reduce -0.3% |
| DFLV Dim US Large Cap Value ETF | 0.81% | 89,881 | $3.6M | Add +6.8% |
| VGT Vanguard Info Tech ETF | 0.77% | 28,215 | $3.4M | Add +6.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.76% | 10,916 | $3.3M | Add +4.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.75% | 4,367 | $3.3M | Reduce -0.7% |
| LLY Eli Lilly & Co. | 0.74% | 2,696 | $3.2M | Reduce -6.5% |
| DFIP Dimensional Inflation-Protec | 0.73% | 77,711 | $3.2M | Add +28.3% |
| DIHP Dimensional International Hi | 0.71% | 91,191 | $3.1M | Add +29.7% |
| JNJ Johnson & Johnson | 0.65% | 11,234 | $2.9M | Reduce -1.2% |
| JPM JPMorgan Chase & Co. | 0.65% | 8,656 | $2.8M | Reduce -0.6% |
| AMAT Applied Materials Inc. | 0.62% | 3,720 | $2.7M | Reduce -1.3% |
| RTX RTX Corp. | 0.54% | 12,355 | $2.3M | Reduce -0.1% |
| AMD Advanced Micro Devices | 0.53% | 3,996 | $2.3M | Reduce -29.6% |
| ABBV Abbvie Inc. | 0.53% | 9,181 | $2.3M | Reduce -0.2% |
| VWO Vanguard Ftse Emerging Marke | 0.52% | 37,879 | $2.3M | Reduce -1.8% |
| IAGG iShares Intl Aggregate Bond | 0.48% | 41,620 | $2.1M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 0.47% | 2,212 | $2.1M | Reduce -0.9% |
| VHT Vanguard Health Care ETF | 0.47% | 6,820 | $2.0M | Reduce -0.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.45% | 8,133 | $2.0M | Reduce -0.6% |
| TSLA Tesla Inc. | 0.43% | 4,485 | $1.9M | No change |
| VOO Vanguard S&P 500 ETF | 0.43% | 2,739 | $1.9M | Add +3.2% |
| VEA Vanguard Ftse Developed ETF | 0.42% | 25,910 | $1.8M | Add +9.3% |
| QQQM Invesco Nasdaq 100 ETF | 0.42% | 5,980 | $1.8M | Add +15.9% |
| MRK Merck & Co. Inc. | 0.41% | 13,960 | $1.8M | Reduce -0.7% |
| MRVL Marvell Technology Inc. | 0.41% | 6,008 | $1.8M | No change |
| DE Deere & Co. | 0.39% | 2,714 | $1.7M | Reduce -0.4% |
| HD Home Depot Inc. | 0.39% | 4,848 | $1.7M | Reduce -1.4% |
| VMBS Vanguard Mortgage-Backed Sec | 0.39% | 36,472 | $1.7M | Reduce -0.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.38% | 19,892 | $1.7M | No change |
| IBB iShares Biotechnology ETF | 0.37% | 8,602 | $1.6M | Reduce -1.7% |
| META Meta Platforms Inc. Class A | 0.37% | 2,874 | $1.6M | Add +10.0% |
| TIP iShares Tips Bond ETF | 0.35% | 14,050 | $1.5M | Reduce -0.6% |
| FITB Fifth Third Bancorp | 0.35% | 26,728 | $1.5M | Reduce -0.6% |
| WMT Walmart Inc. | 0.34% | 12,946 | $1.5M | Reduce -0.8% |
| CASY Casey's General Stores Inc. | 0.31% | 1,725 | $1.4M | Reduce -0.3% |
| VPU Vanguard Utilities ETF | 0.31% | 6,942 | $1.4M | Add +2.5% |
| LNT Alliant Energy Corp. | 0.31% | 17,644 | $1.3M | Reduce -75.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.30% | 16,430 | $1.3M | Add +17.5% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.30% | 14,700 | $1.3M | Add +13.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 4,488 | $1.3M | Add +13.7% |
| INTC Intel Corp. | 0.28% | 8,878 | $1.2M | Reduce -0.9% |
| VIS Vanguard Industrials ETF | 0.28% | 3,414 | $1.2M | Reduce -0.3% |
| SPEM State Street SP PTF Em ETF | 0.28% | 23,658 | $1.2M | Add +5.3% |
| KO The Coca-Cola Co. | 0.28% | 14,936 | $1.2M | Reduce -0.1% |
| GS Goldman Sachs Group Inc. | 0.28% | 1,197 | $1.2M | Reduce -0.4% |
| MELI MercadoLibre Inc. | 0.26% | 679 | $1.2M | Add +26.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.26% | 1,496 | $1.1M | Reduce -27.1% |
| LMT Lockheed Martin Corp. | 0.26% | 2,198 | $1.1M | Add +5.3% |
| XOM Exxon Mobil Corp. | 0.26% | 8,170 | $1.1M | Reduce -0.6% |
| SPIP SS SPDR P Tips ETF | 0.25% | 41,965 | $1.1M | Add +0.5% |
| CVX Chevron Corp. | 0.24% | 6,340 | $1.1M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.23% | 23,918 | $1.0M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 0.23% | 1,322 | $990K | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.21% | 2,728 | $938K | Reduce -0.9% |
| EMB iShares JP Morgan Usd Emergi | 0.21% | 9,620 | $928K | Add +4.3% |
| NEE Nextera Energy Inc. | 0.21% | 10,466 | $919K | Reduce -0.4% |
| ADP Automatic Data Processing | 0.21% | 4,081 | $914K | No change |
| PG The Procter & Gamble Co. | 0.21% | 6,104 | $895K | Add +0.3% |
| CB Chubb Ltd. | 0.20% | 2,623 | $894K | Reduce -0.5% |
| AMGN Amgen Inc. | 0.20% | 2,441 | $884K | Add +2.7% |
| VAW Vanguard Materials ETF | 0.20% | 3,834 | $877K | No change |
| DFAU Dimensional US Core Equity M | 0.20% | 16,660 | $861K | Add +12.3% |
| PFG Principal Financial Group | 0.20% | 7,938 | $856K | No change |
| SO The Southern Co. | 0.19% | 8,788 | $841K | Add +6.6% |
| USB US Bancorp | 0.19% | 13,693 | $827K | No change |
| VIGI Vanguard Int Div App Indx FD | 0.19% | 8,845 | $826K | Add +9.5% |
| AVGO Broadcom Inc. | 0.19% | 2,158 | $815K | Add +12.5% |
| NTAP Netapp Inc. | 0.18% | 5,215 | $807K | Add +3.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $22 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 8 | $22 | No change |
Total filed on the 13F, all lines: $436.4M.
Portfolio Sells Q1 2026 → Q2 2026
| LNT Alliant Energy Corp. | Reduce -75.8% | 0.31% | −1.05 |
| XOM Exxon Mobil Corp. | Reduce -0.6% | 0.26% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 0.47% | −0.10 |
| CVX Chevron Corp. | Reduce -1.0% | 0.24% | −0.10 |
| WMT Walmart Inc. | Reduce -0.8% | 0.34% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -0.9% | 0.23% | −0.08 |
| RTX RTX Corp. | Reduce -0.1% | 0.54% | −0.08 |
| JNJ Johnson & Johnson | Reduce -1.2% | 0.65% | −0.07 |
| IAGG iShares Intl Aggregate Bond | Reduce -1.0% | 0.48% | −0.06 |
| PFE Pfizer Inc. | Reduce -5.3% | 0.16% | −0.06 |
| BABA Alibaba Group Holding-SP ADR | Reduce -2.2% | 0.12% | −0.06 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -0.9% | 0.39% | −0.06 |
| TIP iShares Tips Bond ETF | Reduce -0.6% | 0.35% | −0.05 |
| NEE Nextera Energy Inc. | Reduce -0.4% | 0.21% | −0.04 |
| VFH Vanguard Financials ETF | Reduce -0.3% | 0.83% | −0.04 |
| MCD McDonald's Corp. | Reduce -1.1% | 0.11% | −0.04 |
| AAPL Apple Inc. | Reduce -1.6% | 3.83% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.6% | 0.11% | −0.03 |
| ABT Abbott Laboratories | Reduce -3.3% | 0.10% | −0.03 |
| COP Conocophillips | Reduce -2.5% | 0.06% | −0.03 |
| GLD SPDR Gold Shares | Reduce -4.3% | 0.08% | −0.03 |
| HD Home Depot Inc. | Reduce -1.4% | 0.39% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -0.7% | 0.41% | −0.03 |
| MDT Medtronic PLC | Reduce -1.0% | 0.09% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.8% | 0.52% | −0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -1.3% | 0.15% | −0.02 |
| WEC WEC Energy Group Inc. | Reduce -1.6% | 0.15% | −0.02 |
| ADBE Adobe Inc. | Reduce -4.6% | 0.05% | −0.02 |
| CB Chubb Ltd. | Reduce -0.5% | 0.20% | −0.02 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.28% | −0.02 |
| NTR Nutrien Ltd. | Reduce -2.0% | 0.04% | −0.02 |
| SRTA Strata Critical Medical Inc. | Sold out | 0.00% | −0.02 |
| VDE Vanguard Energy ETF | Reduce -2.1% | 0.05% | −0.02 |
| VHT Vanguard Health Care ETF | Reduce -0.2% | 0.47% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -0.6% | 0.65% | −0.02 |
| BP BP PLC-Spons ADR | Reduce -2.9% | 0.03% | −0.01 |
| MO Altria Group Inc. | Reduce -3.0% | 0.18% | −0.01 |
| CASY Casey's General Stores Inc. | Reduce -0.3% | 0.31% | −0.01 |
| EFX Equifax Inc. | Sold out | 0.00% | −0.01 |
| PAYX Paychex Inc. | Reduce -21.6% | 0.03% | −0.01 |
| COIN Coinbase Global Inc. Class A | Reduce -9.2% | 0.02% | −0.01 |
| SBUX Starbucks Corp. | Reduce -9.0% | 0.12% | −0.01 |
| CASH Pathward Financial Inc. | Reduce -20.4% | 0.02% | −0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -0.1% | 0.08% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -1.7% | 0.05% | −0.01 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.6% | 0.45% | −0.01 |
| DIS The Walt Disney Co. | Reduce -4.7% | 0.04% | −0.01 |
| IBB iShares Biotechnology ETF | Reduce -1.7% | 0.37% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -1.2% | 0.02% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| TSM Taiwan Semiconductor-SP ADR | Add +1.6% | 0.89% | +0.19 |
| VGT Vanguard Info Tech ETF | Add +6.8% | 0.77% | +0.17 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +6.1% | 1.58% | +0.16 |
| GOOG Alphabet Inc. Class C | Add +1.2% | 1.65% | +0.15 |
| DUHP Dimensional US High Profi Et | Add +13.5% | 1.12% | +0.14 |
| DIHP Dimensional International Hi | Add +29.7% | 0.71% | +0.13 |
| DFAE Dimensional Emerging Core Eq | Add +7.4% | 1.02% | +0.11 |
| DFAT Dimensional US Target Value | Add +5.8% | 2.27% | +0.10 |
| QQQM Invesco Nasdaq 100 ETF | Add +15.9% | 0.42% | +0.10 |
| DFIP Dimensional Inflation-Protec | Add +28.3% | 0.73% | +0.08 |
| CBRS Cerebras Systems Inc. Class A | New | 0.05% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +4.9% | 0.76% | +0.05 |
| NTAP Netapp Inc. | Add +3.0% | 0.18% | +0.05 |
| NOW ServiceNow Inc. | New | 0.05% | +0.05 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +13.2% | 0.30% | +0.05 |
| SPCX Space Exploration Techn Class A | New | 0.05% | +0.05 |
| DFAC Dimensional US Core Equity 2 | Add +4.2% | 0.95% | +0.05 |
| SNOW Snowflake Inc. | Add +12.5% | 0.11% | +0.04 |
| IBM Intl Business Machines Corp. | Add +13.7% | 0.29% | +0.04 |
| RKT Rocket Cos Inc. Class A | Add +645.2% | 0.04% | +0.04 |
| DFLV Dim US Large Cap Value ETF | Add +6.8% | 0.81% | +0.03 |
| DFAI Dimensional International Co. | Add +9.7% | 1.37% | +0.03 |
| AVGO Broadcom Inc. | Add +12.5% | 0.19% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.4% | 0.93% | +0.03 |
| NVDA Nvidia Corp. | Add +0.5% | 1.62% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +9.3% | 0.42% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +543.9% | 0.03% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +18.4% | 0.10% | +0.03 |
| AMZN Amazon.com Inc. | Add +1.2% | 1.12% | +0.02 |
| DFAU Dimensional US Core Equity M | Add +12.3% | 0.20% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +25.4% | 0.04% | +0.02 |
| MELI MercadoLibre Inc. | Add +26.0% | 0.26% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +170.9% | 0.05% | +0.02 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +30.6% | 0.12% | +0.02 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +57.6% | 0.05% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +3.2% | 0.43% | +0.02 |
| BA The Boeing Co. | Add +23.3% | 0.10% | +0.02 |
| GLW Corning Inc. | Add +11.0% | 0.03% | +0.01 |
| VFMO Vanguard US Momentum Factor | Add +27.5% | 0.04% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +0.5% | 0.04% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +17.5% | 0.30% | +0.01 |
| MDY State Street SPDR S&P Midcap | New | 0.01% | +0.01 |
| UBER Uber Technologies Inc. | Add +192.9% | 0.01% | +0.01 |
| SPEM State Street SP PTF Em ETF | Add +5.3% | 0.28% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +1.2% | 0.12% | +0.01 |
| F Ford Motor Co. | Add +0.1% | 0.10% | +0.01 |
| DVN Devon Energy Corp. | Add +351.0% | 0.01% | +0.01 |
| ITA iShares U.S. Aerospace & Def | Add +15.3% | 0.05% | +0.01 |
| DFIV Dimensional International Va | Add +11.2% | 1.15% | +0.00 |
| STM Stmicroelectronics NV-NY SHS | Add +4.9% | 0.01% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 808 | $436.4M | AAPL, DFCF, MU, BIV, DFSD |
| Q1 2026 | 783 | $385.3M | DFCF, AAPL, BIV, DFSD, BSV |
| Q4 2025 | 766 | $365.1M | AAPL, BIV, DFCF, BSV, VIG |
| Q3 2025 | 742 | $346.2M | AAPL, BIV, DFCF, BSV, VIG |
| Q2 2025 | 748 | $319.0M | BIV, AAPL, DFCF, BSV, VIG |
| Q1 2025 | 752 | $303.4M | AAPL, BIV, DFCF, BSV, BND |
| Q4 2024 | 725 | $283.5M | AAPL, BIV, DFCF, BSV, BND |
| Q3 2024 | 738 | $274.4M | AAPL, BIV, DFCF, BSV, BND |
| Q2 2024Amended | 728 | $244.9M | AAPL, BIV, BSV, AGG, BNDX |
| Q1 2024 | 710 | $226.5M | AAPL, BIV, BSV, VYM, STIP |