CSM Advisors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), CSM Advisors, LLC reported 123 stock positions worth $1.4 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 7.5% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 6.9%) and Vanguard Mrngstar GR ETF-Sui (VUG, 5.6%). Compared with Q1 2024, it opened 2 new positions, sold out of 10, added to 22 and reduced 64. The biggest buy was iShares Russell 2000 ETF (IWM, shares +439%) and the biggest sale an exit from SS SPDR S&P Biotech ETF (XBI).

Most Recent 13F
Q2 2026
Location
WARRENDALE, PA
CIK
0001863523
Portfolio Value
$1.4B (Q2 2024)
SEC Filing
0001863523-24-000005 ↗ filed Aug 14, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.4B $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 123 stocks · $1.4B
QQQ Invesco QQQ Trust Series 1 7.53% 221,839 $106.3M Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 6.87% 178,136 $96.9M Reduce -0.5%
VUG Vanguard Mrngstar GR ETF-Sui 5.61% 211,587 $79.1M No change
ORSIX NRTH SQ DYN SM Cap-I filed as NORTH SQ INVSTMNTS T 4.28% 4,136,686 $60.4M Reduce -11.3%
VTV Vanguard Mrngstr Val ETF-Aui 4.23% 372,083 $59.7M No change
MSFT Microsoft Corp. 3.35% 105,735 $47.3M Reduce -2.4%
AAPL Apple Inc. 2.92% 195,362 $41.2M Reduce -2.7%
GOOG Alphabet Inc. Class C 2.61% 201,190 $36.9M Reduce -2.7%
IWM iShares Russell 2000 ETF 2.28% 158,500 $32.2M Add +439.1%
IWV iShares Russell 3000 ETF 2.04% 93,400 $28.8M No change
XLF SS Financial Select Sector 2.01% 688,900 $28.3M No change
EZU iShares MSCI Eurozone ETF 1.84% 531,500 $25.9M No change
TLT iShares 20+ Year Treasury BD 1.83% 281,900 $25.9M New
MPC Marathon Petroleum Corp. 1.68% 136,592 $23.7M Reduce -7.0%
VTWO Vanguard Russell 2000 ETF 1.65% 283,336 $23.2M Reduce -15.3%
AMZN Amazon.com Inc. 1.62% 118,620 $22.9M Reduce -1.4%
ADVGX North SQ Sel SM Cap-I 1.57% 1,905,482 $22.1M No change
SPYM Ste STR SPDR PT S&P 500 ETF 1.53% 337,799 $21.6M Reduce -0.2%
META Meta Platforms Inc. Class A 1.48% 41,472 $20.9M Reduce -2.1%
JPM JPMorgan Chase & Co. 1.44% 100,252 $20.3M Reduce -1.5%
DELL Dell Technologies -C 1.25% 127,657 $17.6M Reduce -2.4%
DKS Dick's Sporting Goods Inc. 1.22% 79,864 $17.2M Reduce -1.8%
GS Goldman Sachs Group Inc. 1.12% 34,973 $15.8M Reduce -1.9%
AVGO Broadcom Inc. 1.08% 9,531 $15.3M Reduce -4.0%
HON Honeywell International Inc. 1.06% 69,814 $14.9M Add +31.6%
WMT Walmart Inc. 1.05% 219,043 $14.8M Reduce -1.5%
TMUS T-Mobile US Inc. 1.05% 83,977 $14.8M Reduce -0.4%
ORCL Oracle Corp. 1.03% 102,821 $14.5M Reduce -1.0%
CVX Chevron Corp. 1.02% 91,893 $14.4M Add +11.0%
VEA Vanguard Ftse Developed ETF 1.02% 290,704 $14.4M Add +18.3%
PYPL PayPal Holdings Inc. 0.95% 232,130 $13.5M No change
EXPE Expedia Group Inc. 0.91% 102,314 $12.9M Reduce -0.5%
J Jacobs Solutions Inc. 0.89% 89,492 $12.5M Reduce -0.3%
DFS Discover Financial Services 0.88% 94,591 $12.4M Reduce -0.8%
CAT Caterpillar Inc. 0.85% 36,122 $12.0M Add +1.8%
DE Deere & Co. 0.81% 30,448 $11.4M Add +23.3%
CB Chubb Ltd. 0.79% 43,486 $11.1M Reduce -2.2%
ABT Abbott Laboratories 0.78% 105,682 $11.0M Reduce -2.0%
CNC Centene Corp. 0.77% 164,638 $10.9M Reduce -0.9%
TGT Target Corp. 0.75% 71,086 $10.5M Reduce -0.8%
VOO Vanguard S&P 500 ETF 0.74% 20,920 $10.5M Reduce -8.1%
GLPI Gaming and Leisure Propertie 0.73% 228,860 $10.3M Reduce -1.1%
GOOGL Alphabet Inc. Class A 0.73% 56,540 $10.3M Reduce -2.7%
MRK Merck & Co. Inc. 0.71% 80,853 $10.0M Reduce -4.7%
VXUS Vanguard Total Intl Stock 0.69% 161,327 $9.7M Add +23.5%
HUM Humana Inc. 0.68% 25,703 $9.6M Reduce -1.0%
SYY Sysco Corp. 0.66% 131,333 $9.4M Reduce -0.0%
DOV Dover Corp. 0.66% 51,290 $9.3M Reduce -1.1%
MAR Marriott International Class A 0.66% 38,245 $9.2M Reduce -3.7%
WFC Wells Fargo & Co. 0.64% 151,127 $9.0M Reduce -4.8%
CRM Salesforce Inc. 0.63% 34,555 $8.9M Reduce -2.3%
EOG EOG Resources Inc. 0.63% 70,478 $8.9M Reduce -1.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.62% 87,482 $8.7M Add +0.0%
SPDW Ste STR SPDR PT DW Eu ETF 0.60% 242,650 $8.5M No change
VB Vanguard Most SM-Cap ETF-Usd 0.55% 35,515 $7.7M Reduce -14.7%
ST Sensata Technologies Holdplc 0.54% 204,857 $7.7M Add +0.1%
AIG American International Group 0.54% 102,030 $7.6M Reduce -1.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.53% 124,823 $7.5M Reduce -1.9%
AMD Advanced Micro Devices 0.52% 45,050 $7.3M Reduce -3.6%
PEG Public Service Enterprise GP 0.52% 98,999 $7.3M Reduce -0.5%
T AT&T Inc. 0.52% 381,288 $7.3M Add +6.7%
FCX Freeport-McMoran Inc. 0.52% 149,605 $7.3M Add +0.0%
BIIB Biogen Inc. 0.47% 28,409 $6.6M No change
EFV iShares MSCI Eafe Value ETF 0.45% 118,439 $6.3M Add +21.7%
CE Celanese Corp. 0.44% 45,660 $6.2M Reduce -2.5%
SBUX Starbucks Corp. 0.43% 78,310 $6.1M Reduce -0.4%
ORDNX North SQ Pref & Inc. Sec-I 0.42% 287,461 $5.9M Add +1.0%
COR Cencora Inc. 0.42% 26,196 $5.9M Add +0.0%
FFIV F5 Inc. 0.38% 31,442 $5.4M Reduce -0.3%
VIG Vanguard Dividend Apprec ETF 0.34% 26,634 $4.9M Reduce -0.4%
GILD Gilead Sciences Inc. 0.33% 66,965 $4.6M Reduce -1.9%
AXP American Express Co. 0.32% 19,505 $4.5M No change
NEE Nextera Energy Inc. 0.25% 50,545 $3.6M Add +0.0%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.23% 18,033 $3.3M Reduce -15.4%
IEFA iShares Core MSCI Eafe ETF 0.22% 43,474 $3.2M No change
SPIB SS SPDR P Int C Corp. ETF 0.22% 95,500 $3.1M Reduce -3.4%
SPEM State Street SP PTF Em ETF 0.21% 80,501 $3.0M No change
AMGN Amgen Inc. 0.21% 9,515 $3.0M No change
EWU iShares MSCI United Kingdom 0.20% 81,739 $2.8M Add +22.9%
HDEF Xtrackers MSCI Eafe High Div 0.20% 114,871 $2.8M Add +23.1%
A Agilent Technologies Inc. 0.19% 21,107 $2.7M Add +0.0%
DXJ Wisdomtree Japan Hedged Eq 0.19% 23,821 $2.7M Add +21.3%
PRJZX Pgim Jenn GLBL Opport-Z 0.19% 56,791 $2.7M No change
PM Philip Morris International 0.17% 24,229 $2.5M Add +0.1%
SPGP Invesco S&P 500 Garp ETF 0.17% 23,600 $2.4M No change
IVV iShares Core S&P 500 ETF 0.17% 4,330 $2.4M Reduce -32.7%
HEDJ Wisdomtree Europe Hedged Equ 0.15% 46,026 $2.1M Add +21.3%
EWG iShares MSCI Germany ETF 0.14% 66,531 $2.0M Add +22.8%
USB US Bancorp 0.13% 45,120 $1.8M No change
SPSB SS SPDR P St C Corp. ETF 0.13% 59,900 $1.8M Reduce -3.4%
SPSM SS SPDR P S&P 600 Small Cap 0.12% 40,652 $1.7M No change
CSCO Cisco Systems Inc. 0.10% 30,335 $1.4M No change
NVDA Nvidia Corp. 0.08% 9,600 $1.2M Reduce -4.5%
LLY Eli Lilly & Co. 0.08% 1,222 $1.1M Reduce -10.3%
BWA Borgwarner Inc. 0.08% 33,789 $1.1M No change
ANGL Vaneck Fallen Angel High YLD 0.06% 31,300 $886K Reduce -1.9%
SPLB SS SPDR P Long Term C ETF 0.06% 39,100 $882K Reduce -2.0%
DGRO iShares Core Dividend Growth 0.06% 14,920 $860K Reduce -2.0%
AEPFX Eupac Fund-F-2 filed as AMERICAN FUNDS EUROPACIF 0.06% 14,734 $841K No change
RSP Invesco S&P 500 Equal Weight 0.05% 4,450 $731K No change

Show all 123 holdings

Options reported separately and not counted above: SPY puts ($2.7M).

Other holdings (3): bonds, preferreds, convertibles and warrants · $4.0M (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$483KNo change

Total filed on the 13F, all lines: $1.4B.

Portfolio Sells Q1 2024 → Q2 2024
XBI SS SPDR S&P Biotech ETF Sold out 0.00% −1.98
IWP iShares Russell Mid-Cap Grow Sold out 0.00% −1.87
SMH Vaneck Semiconductor ETF Sold out 0.00% −1.87
IWO iShares Russell 2000 Growth Sold out 0.00% −1.86
MUB iShares National Muni Bond E Sold out 0.00% −1.63
EFG iShares MSCI Eafe Growth ETF Sold out 0.00% −0.88
RTX RTX Corp. Sold out 0.00% −0.44
MPC Marathon Petroleum Corp. Reduce -7.0% 1.68% −0.27
ORSIX NRTH SQ DYN SM Cap-I Reduce -11.3% 4.28% −0.23
VTWO Vanguard Russell 2000 ETF Reduce -15.3% 1.65% −0.23
VEU Vanguard Ftse All-World Ex-U Sold out 0.00% −0.17
CE Celanese Corp. Reduce -2.5% 0.44% −0.09
TGT Target Corp. Reduce -0.8% 0.75% −0.09
CNC Centene Corp. Reduce -0.9% 0.77% −0.09
VB Vanguard Most SM-Cap ETF-Usd Reduce -14.7% 0.55% −0.08
CRM Salesforce Inc. Reduce -2.3% 0.63% −0.07
CHTR Charter Communications Inc. Class A Sold out 0.00% −0.07
IVV iShares Core S&P 500 ETF Reduce -32.7% 0.17% −0.06
SBUX Starbucks Corp. Reduce -0.4% 0.43% −0.04
SYY Sysco Corp. Reduce -0.0% 0.66% −0.04
AMD Advanced Micro Devices Reduce -3.6% 0.52% −0.04
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -15.4% 0.23% −0.04
ABT Abbott Laboratories Reduce -2.0% 0.78% −0.03
MRK Merck & Co. Inc. Reduce -4.7% 0.71% −0.03
J Jacobs Solutions Inc. Reduce -0.3% 0.89% −0.02
EXPE Expedia Group Inc. Reduce -0.5% 0.91% −0.02
MA Mastercard Inc. Class A Sold out 0.00% −0.01
FFIV F5 Inc. Reduce -0.3% 0.38% −0.01
MAR Marriott International Class A Reduce -3.7% 0.66% −0.01
GILD Gilead Sciences Inc. Reduce -1.9% 0.33% −0.00
SCHD Schwab US DVD Equity ETF Reduce -9.6% 0.05% −0.00
V Visa Inc. Class A Reduce -5.0% 0.02% −0.00
PG The Procter & Gamble Co. Reduce -5.6% 0.02% +0.00
USHY iShares Broad Usd High Yield Reduce -3.2% 0.03% +0.00
AFL Aflac Inc. Reduce -6.9% 0.03% +0.00
UNH Unitedhealth Group Inc. Reduce -3.4% 0.02% +0.00
SPLB SS SPDR P Long Term C ETF Reduce -2.0% 0.06% +0.00
ANGL Vaneck Fallen Angel High YLD Reduce -1.9% 0.06% +0.00
DGRO iShares Core Dividend Growth Reduce -2.0% 0.06% +0.00
KLAC KLA Corp. Reduce -3.5% 0.02% +0.00
SO The Southern Co. Reduce -2.2% 0.02% +0.00
SPSB SS SPDR P St C Corp. ETF Reduce -3.4% 0.13% +0.00
AIG American International Group Reduce -1.1% 0.54% +0.00
SPIB SS SPDR P Int C Corp. ETF Reduce -3.4% 0.22% +0.01
LLY Eli Lilly & Co. Reduce -10.3% 0.08% +0.01
DKS Dick's Sporting Goods Inc. Reduce -1.8% 1.22% +0.01
VOO Vanguard S&P 500 ETF Reduce -8.1% 0.74% +0.02
VIG Vanguard Dividend Apprec ETF Reduce -0.4% 0.34% +0.02
NVDA Nvidia Corp. Reduce -4.5% 0.08% +0.02
CB Chubb Ltd. Reduce -2.2% 0.79% +0.03

Portfolio Buys Q1 2024 → Q2 2024
IWM iShares Russell 2000 ETF Add +439.1% 2.28% +1.87
TLT iShares 20+ Year Treasury BD New 1.83% +1.83
HON Honeywell International Inc. Add +31.6% 1.06% +0.34
VEA Vanguard Ftse Developed ETF Add +18.3% 1.02% +0.21
VXUS Vanguard Total Intl Stock Add +23.5% 0.69% +0.17
CVX Chevron Corp. Add +11.0% 1.02% +0.16
DE Deere & Co. Add +23.3% 0.81% +0.14
T AT&T Inc. Add +6.7% 0.52% +0.10
EFV iShares MSCI Eafe Value ETF Add +21.7% 0.45% +0.10
EWU iShares MSCI United Kingdom Add +22.9% 0.20% +0.05
FCX Freeport-McMoran Inc. Add +0.0% 0.52% +0.05
DXJ Wisdomtree Japan Hedged Eq Add +21.3% 0.19% +0.05
ST Sensata Technologies Holdplc Add +0.1% 0.54% +0.05
HDEF Xtrackers MSCI Eafe High Div Add +23.1% 0.20% +0.05
NEE Nextera Energy Inc. Add +0.0% 0.25% +0.04
ORDNX North SQ Pref & Inc. Sec-I Add +1.0% 0.42% +0.04
EWG iShares MSCI Germany ETF Add +22.8% 0.14% +0.03
PM Philip Morris International Add +0.1% 0.17% +0.03
HEDJ Wisdomtree Europe Hedged Equ Add +21.3% 0.15% +0.03
LHX L3HARRIS Technologies Inc. New 0.01% +0.01
COR Cencora Inc. Add +0.0% 0.42% −0.00
CAT Caterpillar Inc. Add +1.8% 0.85% −0.01
A Agilent Technologies Inc. Add +0.0% 0.19% −0.01
DIS The Walt Disney Co. Add +0.0% 0.62% −0.09

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