CSM Advisors, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), CSM Advisors, LLC reported 131 stock positions worth $1.5 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 6.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 6.2%) and Vanguard Mrngstar GR ETF-Sui (VUG, 4.8%). Compared with Q4 2023, it opened 7 new positions, sold out of 14, added to 47 and reduced 51. The biggest buy was a new position in Vaneck Semiconductor ETF (SMH) and the biggest sale Vanguard Mrngstr Val ETF-Aui (VTV, shares −31%).

Most Recent 13F
Q2 2026
Location
WARRENDALE, PA
CIK
0001863523
Portfolio Value
$1.5B (Q1 2024)
SEC Filing
0001863523-24-000004 ↗ filed May 15, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $1.5B $1.5B Q1 2024 Q2 2024: $1.4B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $2.1B Q4 2024 Q1 2025: $1.8B Q1 2025 Q2 2025: $3.4B Q2 2025 Q3 2025: $3.6B Q3 2025 Q4 2025: $3.7B Q4 2025 Q1 2026: $4.1B Q1 2026 Q2 2026: $4.7B Q2 2026

Holdings 131 stocks · $1.5B
QQQ Invesco QQQ Trust Series 1 6.63% 226,447 $100.5M Reduce -3.4%
SPY SS SPDR S&P 500 ETF Trust-US 6.18% 179,028 $93.6M Reduce -4.3%
VUG Vanguard Mrngstar GR ETF-Sui 4.80% 211,587 $72.8M No change
ORSIX NRTH SQ DYN SM Cap-I filed as NORTH SQ INVSTMNTS T 4.51% 4,663,999 $68.5M Reduce -4.7%
VTV Vanguard Mrngstr Val ETF-Aui 4.00% 372,083 $60.6M Reduce -30.7%
MSFT Microsoft Corp. 3.01% 108,385 $45.6M Reduce -2.5%
AAPL Apple Inc. 2.27% 200,795 $34.4M Reduce -7.6%
GOOG Alphabet Inc. Class C 2.08% 206,745 $31.5M Reduce -1.7%
XBI SS SPDR S&P Biotech ETF 1.98% 316,300 $30.0M No change
MPC Marathon Petroleum Corp. 1.95% 146,796 $29.6M Add +1.3%
XLF SS Financial Select Sector 1.91% 688,900 $29.0M No change
VTWO Vanguard Russell 2000 ETF 1.88% 334,541 $28.5M Add +23.4%
IWP iShares Russell Mid-Cap Grow 1.87% 249,000 $28.4M No change
SMH Vaneck Semiconductor ETF 1.87% 126,200 $28.4M New
IWO iShares Russell 2000 Growth 1.86% 104,000 $28.2M No change
IWV iShares Russell 3000 ETF 1.85% 93,400 $28.0M No change
EZU iShares MSCI Eurozone ETF 1.79% 531,500 $27.1M No change
MUB iShares National Muni Bond E 1.63% 229,500 $24.7M No change
ADVGX North SQ Sel SM Cap-I 1.54% 1,905,482 $23.3M Add +18.7%
AMZN Amazon.com Inc. 1.43% 120,265 $21.7M Add +1938.4%
SPYM Ste STR SPDR PT S&P 500 ETF 1.37% 338,599 $20.8M Reduce -1.5%
META Meta Platforms Inc. Class A 1.36% 42,382 $20.6M Reduce -2.6%
JPM JPMorgan Chase & Co. 1.34% 101,741 $20.4M Add +2.0%
DKS Dick's Sporting Goods Inc. 1.21% 81,324 $18.3M Reduce -20.8%
PYPL PayPal Holdings Inc. 1.03% 232,130 $15.6M New
DELL Dell Technologies -C 0.98% 130,760 $14.9M Reduce -1.8%
GS Goldman Sachs Group Inc. 0.98% 35,656 $14.9M Add +0.2%
EXPE Expedia Group Inc. 0.93% 102,859 $14.2M Reduce -0.0%
J Jacobs Solutions Inc. 0.91% 89,780 $13.8M Add +1.1%
TMUS T-Mobile US Inc. 0.91% 84,285 $13.8M New
WMT Walmart Inc. 0.88% 222,453 $13.4M Reduce -0.9%
EFG iShares MSCI Eafe Growth ETF 0.88% 128,100 $13.3M New
AVGO Broadcom Inc. 0.87% 9,930 $13.2M Reduce -2.1%
CVX Chevron Corp. 0.86% 82,811 $13.1M Add +0.4%
ORCL Oracle Corp. 0.86% 103,829 $13.0M Add +0.9%
CNC Centene Corp. 0.86% 166,080 $13.0M Reduce -0.2%
CAT Caterpillar Inc. 0.86% 35,489 $13.0M Add +2.3%
TGT Target Corp. 0.84% 71,671 $12.7M Add +2.9%
DFS Discover Financial Services 0.82% 95,321 $12.5M Add +1.6%
VEA Vanguard Ftse Developed ETF 0.81% 245,666 $12.3M Add +0.1%
ABT Abbott Laboratories 0.81% 107,812 $12.3M Reduce -1.4%
CB Chubb Ltd. 0.76% 44,474 $11.5M Add +2.3%
MRK Merck & Co. Inc. 0.74% 84,818 $11.2M Add +1.2%
VOO Vanguard S&P 500 ETF 0.72% 22,770 $10.9M Reduce -10.6%
HON Honeywell International Inc. 0.72% 53,059 $10.9M Add +1.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.71% 87,452 $10.7M Reduce -1.4%
GLPI Gaming and Leisure Propertie 0.70% 231,485 $10.7M Add +1.9%
SYY Sysco Corp. 0.70% 131,343 $10.7M Add +4552.6%
CRM Salesforce Inc. 0.70% 35,370 $10.7M Add +1.5%
DE Deere & Co. 0.67% 24,699 $10.1M Add +0.4%
MAR Marriott International Class A 0.66% 39,720 $10.0M Reduce -0.9%
VB Vanguard Most SM-Cap ETF-Usd 0.63% 41,626 $9.5M Add +21.1%
WFC Wells Fargo & Co. 0.61% 158,772 $9.2M Add +0.7%
DOV Dover Corp. 0.61% 51,860 $9.2M Reduce -1.2%
EOG EOG Resources Inc. 0.60% 71,418 $9.1M Reduce -1.8%
HUM Humana Inc. 0.59% 25,968 $9.0M Add +38.3%
GOOGL Alphabet Inc. Class A 0.58% 58,084 $8.8M Add +2.4%
SPDW Ste STR SPDR PT DW Eu ETF 0.57% 242,650 $8.7M Reduce -9.0%
AMD Advanced Micro Devices 0.56% 46,730 $8.4M Reduce -54.0%
AIG American International Group 0.53% 103,200 $8.1M Reduce -5.4%
CE Celanese Corp. 0.53% 46,850 $8.1M Reduce -1.0%
VXUS Vanguard Total Intl Stock 0.52% 130,633 $7.9M Add +0.2%
ST Sensata Technologies Holdplc 0.50% 204,707 $7.5M Add +1.9%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.48% 127,183 $7.3M Reduce -1.4%
SBUX Starbucks Corp. 0.47% 78,620 $7.2M Reduce -1.4%
FCX Freeport-McMoran Inc. 0.46% 149,600 $7.0M Add +5.7%
PEG Public Service Enterprise GP 0.44% 99,499 $6.6M Add +8.7%
RTX RTX Corp. 0.44% 67,754 $6.6M Reduce -1.5%
COR Cencora Inc. 0.42% 26,194 $6.4M Add +6.8%
T AT&T Inc. 0.41% 357,498 $6.3M Add +1.0%
IWM iShares Russell 2000 ETF 0.41% 29,400 $6.2M Add +167.3%
BIIB Biogen Inc. 0.40% 28,409 $6.1M Add +1.0%
FFIV F5 Inc. 0.39% 31,527 $6.0M Reduce -0.8%
ORDNX North SQ Pref & Inc. Sec-I 0.38% 284,498 $5.8M Reduce -12.1%
EFV iShares MSCI Eafe Value ETF 0.35% 97,314 $5.3M Add +0.2%
GILD Gilead Sciences Inc. 0.33% 68,275 $5.0M Reduce -1.9%
VIG Vanguard Dividend Apprec ETF 0.32% 26,734 $4.9M Add +7.2%
AXP American Express Co. 0.29% 19,505 $4.4M Add +5.2%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.27% 21,313 $4.1M Add +22.3%
IVV iShares Core S&P 500 ETF 0.22% 6,430 $3.4M Reduce -36.1%
SPIB SS SPDR P Int C Corp. ETF 0.21% 98,900 $3.2M Reduce -7.2%
NEE Nextera Energy Inc. 0.21% 50,542 $3.2M Add +6.5%
IEFA iShares Core MSCI Eafe ETF 0.21% 43,474 $3.2M No change
A Agilent Technologies Inc. 0.20% 21,102 $3.1M Add +6.0%
SPEM State Street SP PTF Em ETF 0.19% 80,501 $2.9M Reduce -5.4%
AMGN Amgen Inc. 0.18% 9,515 $2.7M Add +6.0%
PRJZX Pgim Jenn GLBL Opport-Z 0.17% 56,791 $2.6M No change
VEU Vanguard Ftse All-World Ex-U 0.17% 43,350 $2.5M No change
SPGP Invesco S&P 500 Garp ETF 0.17% 23,600 $2.5M Add +47.5%
HDEF Xtrackers MSCI Eafe High Div 0.15% 93,276 $2.3M Add +0.2%
EWU iShares MSCI United Kingdom 0.15% 66,514 $2.3M Add +0.2%
PM Philip Morris International 0.15% 24,216 $2.2M Reduce -73.2%
DXJ Wisdomtree Japan Hedged Eq 0.14% 19,641 $2.1M Add +0.2%
USB US Bancorp 0.13% 45,120 $2.0M Add +4.3%
SPSB SS SPDR P St C Corp. ETF 0.12% 62,000 $1.8M Reduce -9.0%
HEDJ Wisdomtree Europe Hedged Equ 0.12% 37,933 $1.8M Add +0.1%
SPSM SS SPDR P S&P 600 Small Cap 0.12% 40,652 $1.8M Reduce -4.7%
EWG iShares MSCI Germany ETF 0.11% 54,172 $1.7M Add +0.2%
CSCO Cisco Systems Inc. 0.10% 30,335 $1.5M Reduce -83.3%
BWA Borgwarner Inc. 0.08% 33,789 $1.2M Reduce -75.9%
LLY Eli Lilly & Co. 0.07% 1,362 $1.1M Reduce -12.8%
CHTR Charter Communications Inc. Class A 0.07% 3,458 $1.0M Add +4.8%
SPLB SS SPDR P Long Term C ETF 0.06% 39,900 $927K Reduce -4.8%
ANGL Vaneck Fallen Angel High YLD 0.06% 31,900 $926K Reduce -8.1%
NVDA Nvidia Corp. 0.06% 1,005 $908K No change
DGRO iShares Core Dividend Growth 0.06% 15,220 $884K Reduce -16.5%
AEPFX Eupac Fund-F-2 filed as American Funds Europacific Growth F2 0.06% 14,734 $863K No change
SCHD Schwab US DVD Equity ETF 0.06% 10,382 $837K Reduce -14.8%
RSP Invesco S&P 500 Equal Weight 0.05% 4,450 $754K New
PGX Invesco Preferred ETF 0.05% 61,700 $733K No change
GICIX Gldmn SCHS Intl S/C Insg-Ins 0.04% 48,161 $627K No change
PRMSX T Rowe PR Emrg MRK STCK-Inv 0.04% 15,496 $534K No change
PFLD Aam Low Dur Pref & Inc. Sec 0.03% 25,000 $529K No change
PFFD Global X US Preferred ETF 0.03% 26,100 $526K No change
VIISX Virtus Kar Intl SM Mid-I 0.03% 28,106 $508K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.03% 456 $464K No change
USHY iShares Broad Usd High Yield 0.03% 12,650 $463K Reduce -8.0%
WM Waste Management Inc. 0.03% 1,919 $409K Reduce -26.7%
IGIFX Amer FND Intl GR & Inc.-F1 filed as INTERNATIONAL GRW & 0.03% 10,165 $385K No change
AFL Aflac Inc. 0.02% 4,347 $373K Reduce -23.0%
OAKWX Oakmark Global Select-Inv 0.02% 15,801 $348K No change
SO The Southern Co. 0.02% 4,626 $332K Reduce -19.2%
MCD McDonald's Corp. 0.02% 1,153 $325K Reduce -20.6%
GIRMX Gldmn SCHS Em MRKT Eq-Inv 0.02% 14,250 $316K No change
PG The Procter & Gamble Co. 0.02% 1,798 $292K Reduce -14.3%
HD Home Depot Inc. 0.02% 725 $278K Reduce -12.1%
VSS Vanguard Ftse All Wo X-US SC 0.02% 2,350 $275K No change
V Visa Inc. Class A 0.02% 895 $251K No change
UNH Unitedhealth Group Inc. 0.02% 498 $246K No change
MA Mastercard Inc. Class A 0.01% 435 $210K New
KLAC KLA Corp. 0.01% 290 $201K New

Options reported separately and not counted above: SPY puts ($2.6M).

Other holdings (3): bonds, preferreds, convertibles and warrants · $4.1M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 1,750$2.1MNo change
SCE TRUST III (EIX V5.75 PERP H) FXD/FLT RT PFD 56,450$1.4MNo change
STATE STREET CORP (STT V5.35 PERP G) Common Stock 20,100$492KNo change

Total filed on the 13F, all lines: $1.5B.

Portfolio Sells Q4 2023 → Q1 2024
VTV Vanguard Mrngstr Val ETF-Aui Reduce -30.7% 4.00% −1.80
AAPL Apple Inc. Reduce -7.6% 2.27% −0.75
ODGIX North SQ Advi Small Cap Grow Sold out 0.00% −0.70
CSCO Cisco Systems Inc. Reduce -83.3% 0.10% −0.56
UPS United Parcel Service Class B Sold out 0.00% −0.55
AMD Advanced Micro Devices Reduce -54.0% 0.56% −0.52
TROW T Rowe Price Group Inc. Sold out 0.00% −0.47
PM Philip Morris International Reduce -73.2% 0.15% −0.47
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.3% 6.18% −0.42
ORSIX NRTH SQ DYN SM Cap-I Reduce -4.7% 4.51% −0.38
QQQ Invesco QQQ Trust Series 1 Reduce -3.4% 6.63% −0.30
BWA Borgwarner Inc. Reduce -75.9% 0.08% −0.29
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.23
EXPE Expedia Group Inc. Reduce -0.0% 0.93% −0.19
MBB iShares MBS ETF Sold out 0.00% −0.14
FHI Federated Hermes Inc. Sold out 0.00% −0.14
IVV iShares Core S&P 500 ETF Reduce -36.1% 0.22% −0.12
SRE Sempra Sold out 0.00% −0.09
SPDW Ste STR SPDR PT DW Eu ETF Reduce -9.0% 0.57% −0.08
VOO Vanguard S&P 500 ETF Reduce -10.6% 0.72% −0.08
SBUX Starbucks Corp. Reduce -1.4% 0.47% −0.08
GILD Gilead Sciences Inc. Reduce -1.9% 0.33% −0.08
FIDU Fidelity MSCI Indust Indx Sold out 0.00% −0.07
ORDNX North SQ Pref & Inc. Sec-I Reduce -12.1% 0.38% −0.07
D Dominion Energy Inc. Sold out 0.00% −0.07
GOOG Alphabet Inc. Class C Reduce -1.7% 2.08% −0.07
ABT Abbott Laboratories Reduce -1.4% 0.81% −0.06
FCOM Fidelity MSCI Comm Serv Indx Sold out 0.00% −0.06
SPIB SS SPDR P Int C Corp. ETF Reduce -7.2% 0.21% −0.04
EOG EOG Resources Inc. Reduce -1.8% 0.60% −0.03
CNC Centene Corp. Reduce -0.2% 0.86% −0.03
SPEM State Street SP PTF Em ETF Reduce -5.4% 0.19% −0.03
SPSB SS SPDR P St C Corp. ETF Reduce -9.0% 0.12% −0.02
FFIV F5 Inc. Reduce -0.8% 0.39% −0.02
ITW Illinois Tool Works Sold out 0.00% −0.02
LHX L3HARRIS Technologies Inc. Sold out 0.00% −0.02
TFC Truist Financial Corp. Sold out 0.00% −0.02
JNJ Johnson & Johnson Sold out 0.00% −0.01
SPSM SS SPDR P S&P 600 Small Cap Reduce -4.7% 0.12% −0.01
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -1.5% 1.37% −0.01
DGRO iShares Core Dividend Growth Reduce -16.5% 0.06% −0.01
MSFT Microsoft Corp. Reduce -2.5% 3.01% −0.01
SCHD Schwab US DVD Equity ETF Reduce -14.8% 0.06% −0.01
ANGL Vaneck Fallen Angel High YLD Reduce -8.1% 0.06% −0.01
SPLB SS SPDR P Long Term C ETF Reduce -4.8% 0.06% −0.01
MCD McDonald's Corp. Reduce -20.6% 0.02% −0.01
AFL Aflac Inc. Reduce -23.0% 0.02% −0.01
SO The Southern Co. Reduce -19.2% 0.02% −0.01
WM Waste Management Inc. Reduce -26.7% 0.03% −0.01
USHY iShares Broad Usd High Yield Reduce -8.0% 0.03% −0.01

Portfolio Buys Q4 2023 → Q1 2024
SMH Vaneck Semiconductor ETF New 1.87% +1.87
AMZN Amazon.com Inc. Add +1938.4% 1.43% +1.37
PYPL PayPal Holdings Inc. New 1.03% +1.03
TMUS T-Mobile US Inc. New 0.91% +0.91
EFG iShares MSCI Eafe Growth ETF New 0.88% +0.88
SYY Sysco Corp. Add +4552.6% 0.70% +0.69
MPC Marathon Petroleum Corp. Add +1.3% 1.95% +0.40
VTWO Vanguard Russell 2000 ETF Add +23.4% 1.88% +0.29
IWM iShares Russell 2000 ETF Add +167.3% 0.41% +0.25
ADVGX North SQ Sel SM Cap-I Add +18.7% 1.54% +0.21
TGT Target Corp. Add +2.9% 0.84% +0.12
JPM JPMorgan Chase & Co. Add +2.0% 1.34% +0.12
CAT Caterpillar Inc. Add +2.3% 0.86% +0.12
VB Vanguard Most SM-Cap ETF-Usd Add +21.1% 0.63% +0.10
MRK Merck & Co. Inc. Add +1.2% 0.74% +0.08
J Jacobs Solutions Inc. Add +1.1% 0.91% +0.08
ORCL Oracle Corp. Add +0.9% 0.86% +0.08
DFS Discover Financial Services Add +1.6% 0.82% +0.06
COR Cencora Inc. Add +6.8% 0.42% +0.06
SPGP Invesco S&P 500 Garp ETF Add +47.5% 0.17% +0.05
CB Chubb Ltd. Add +2.3% 0.76% +0.05
RSP Invesco S&P 500 Equal Weight New 0.05% +0.05
WFC Wells Fargo & Co. Add +0.7% 0.61% +0.05
VBR Vngrd Mrngst SL-CP Val ETF-U Add +22.3% 0.27% +0.04
AXP American Express Co. Add +5.2% 0.29% +0.04
CRM Salesforce Inc. Add +1.5% 0.70% +0.04
PEG Public Service Enterprise GP Add +8.7% 0.44% +0.03
FCX Freeport-McMoran Inc. Add +5.7% 0.46% +0.03
DXJ Wisdomtree Japan Hedged Eq Add +0.2% 0.14% +0.02
VIG Vanguard Dividend Apprec ETF Add +7.2% 0.32% +0.02
MA Mastercard Inc. Class A New 0.01% +0.01
KLAC KLA Corp. New 0.01% +0.01
GOOGL Alphabet Inc. Class A Add +2.4% 0.58% +0.01
NEE Nextera Energy Inc. Add +6.5% 0.21% +0.01
HEDJ Wisdomtree Europe Hedged Equ Add +0.1% 0.12% +0.00
A Agilent Technologies Inc. Add +6.0% 0.20% +0.00
USB US Bancorp Add +4.3% 0.13% −0.00
EWG iShares MSCI Germany ETF Add +0.2% 0.11% −0.00
AMGN Amgen Inc. Add +6.0% 0.18% −0.01
EWU iShares MSCI United Kingdom Add +0.2% 0.15% −0.01
GS Goldman Sachs Group Inc. Add +0.2% 0.98% −0.01
HDEF Xtrackers MSCI Eafe High Div Add +0.2% 0.15% −0.01
T AT&T Inc. Add +1.0% 0.41% −0.01
EFV iShares MSCI Eafe Value ETF Add +0.2% 0.35% −0.02
VXUS Vanguard Total Intl Stock Add +0.2% 0.52% −0.03
CHTR Charter Communications Inc. Class A Add +4.8% 0.07% −0.03
CVX Chevron Corp. Add +0.4% 0.86% −0.03
HUM Humana Inc. Add +38.3% 0.59% −0.03
VEA Vanguard Ftse Developed ETF Add +0.1% 0.81% −0.04
DE Deere & Co. Add +0.4% 0.67% −0.04

Options Activity Q4 2023 → Q1 2024
SPY SS SPDR S&P 500 ETF Trust-US put New 50 $2.6M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 406$4.7BAAPL, NVDA, AMZN, SPY, GOOGL
Q1 2026 407$4.1BNVDA, AAPL, MSFT, QQQ, VUG
Q4 2025 399$3.7BQQQ, VUG, SPY, VTV, GOOG
Q3 2025 401$3.6BQQQ, SPY, VUG, VTV, GOOG
Q2 2025 375$3.4BQQQ, SPY, VUG, VTV, JPM
Q1 2025 122$1.8BVUG, SPY, QQQ, VTV, ORSIX
Q4 2024Amended 123$2.1BVUG, QQQ, SPY, VTV, ORSIX
Q3 2024 119$1.5BQQQ, VUG, SPY, VTV, ORSIX
Q2 2024 123$1.4BQQQ, SPY, VUG, ORSIX, VTV
Q1 2024 131$1.5BQQQ, SPY, VUG, ORSIX, VTV