CSM Advisors, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), CSM Advisors, LLC reported 119 stock positions worth $1.5 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 5.4% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 5.3%) and SS SPDR S&P 500 ETF Trust-US (SPY, 4.9%). Compared with Q2 2024, it opened 13 new positions, sold out of 18, added to 25 and reduced 59. The biggest buy was a new position in iShares Core High Dividend E (HDV) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −24%).

Most Recent 13F
Q2 2026
Location
WARRENDALE, PA
CIK
0001863523
Portfolio Value
$1.5B (Q3 2024)
SEC Filing
0001863523-24-000006 ↗ filed Nov 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 Q2 2024 Q3 2024: $1.5B $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 119 stocks · $1.5B
QQQ Invesco QQQ Trust Series 1 5.38% 168,575 $82.3M Reduce -24.0%
VUG Vanguard Mrngstar GR ETF-Sui 5.34% 212,687 $81.7M Add +0.5%
SPY SS SPDR S&P 500 ETF Trust-US 4.85% 129,440 $74.3M Reduce -27.3%
VTV Vanguard Mrngstr Val ETF-Aui 4.24% 372,083 $65.0M No change
ORSIX NRTH SQ DYN SM Cap-I filed as NORTH SQ INVSTMNTS T 3.79% 3,615,227 $58.1M Reduce -12.6%
MSFT Microsoft Corp. 2.78% 98,718 $42.5M Reduce -6.6%
AAPL Apple Inc. 2.74% 179,905 $41.9M Reduce -7.9%
XLF SS Financial Select Sector 2.04% 688,900 $31.2M No change
IWV iShares Russell 3000 ETF 1.99% 93,400 $30.5M No change
IWM iShares Russell 2000 ETF 1.90% 131,400 $29.0M Reduce -17.1%
EZU iShares MSCI Eurozone ETF 1.81% 531,500 $27.8M No change
TLT iShares 20+ Year Treasury BD 1.81% 281,900 $27.7M No change
GOOG Alphabet Inc. Class C 1.80% 164,820 $27.6M Reduce -18.1%
HDV iShares Core High Dividend E 1.77% 230,900 $27.2M New
VHT Vanguard Health Care ETF 1.77% 96,100 $27.1M New
IEI iShares 3-7 Year Treasury Bo 1.77% 226,700 $27.1M New
IVV iShares Core S&P 500 ETF 1.69% 44,802 $25.8M Add +934.7%
VTWO Vanguard Russell 2000 ETF 1.69% 288,868 $25.8M Add +1.9%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.55% 55,987 $23.7M New
ADVGX North SQ Sel SM Cap-I 1.50% 1,777,954 $22.9M Reduce -6.7%
META Meta Platforms Inc. Class A 1.48% 39,631 $22.7M Reduce -4.4%
SPYM Ste STR SPDR PT S&P 500 ETF 1.46% 329,919 $22.3M Reduce -2.3%
MPC Marathon Petroleum Corp. 1.40% 131,807 $21.5M Reduce -3.5%
AMZN Amazon.com Inc. 1.36% 111,619 $20.8M Reduce -5.9%
JPM JPMorgan Chase & Co. 1.35% 97,800 $20.6M Reduce -2.5%
PYPL PayPal Holdings Inc. 1.13% 222,390 $17.4M Reduce -4.2%
GS Goldman Sachs Group Inc. 1.09% 33,689 $16.7M Reduce -3.7%
ORCL Oracle Corp. 1.08% 97,426 $16.6M Reduce -5.3%
WMT Walmart Inc. 1.06% 201,415 $16.3M Reduce -8.1%
TMUS T-Mobile US Inc. 1.06% 78,319 $16.2M Reduce -6.7%
DKS Dick's Sporting Goods Inc. 1.04% 76,241 $15.9M Reduce -4.5%
AVGO Broadcom Inc. 1.03% 91,545 $15.8M Reduce -4.0%
EXPE Expedia Group Inc. 0.94% 97,139 $14.4M Reduce -5.1%
DELL Dell Technologies -C 0.93% 120,182 $14.2M Reduce -5.9%
HON Honeywell International Inc. 0.91% 67,218 $13.9M Reduce -3.7%
CAT Caterpillar Inc. 0.88% 34,387 $13.4M Reduce -4.8%
VEA Vanguard Ftse Developed ETF 0.88% 254,078 $13.4M Reduce -12.6%
CVX Chevron Corp. 0.87% 90,711 $13.4M Reduce -1.3%
DFS Discover Financial Services 0.83% 90,716 $12.7M Reduce -4.1%
AMD Advanced Micro Devices 0.81% 75,080 $12.3M Add +66.7%
GLPI Gaming and Leisure Propertie 0.80% 239,285 $12.3M Add +4.6%
DE Deere & Co. 0.80% 29,418 $12.3M Reduce -3.4%
CB Chubb Ltd. 0.79% 41,834 $12.1M Reduce -3.8%
CNC Centene Corp. 0.76% 154,988 $11.7M Reduce -5.9%
ABT Abbott Laboratories 0.75% 100,596 $11.5M Reduce -4.8%
J Jacobs Solutions Inc. 0.73% 85,622 $11.2M Reduce -4.3%
TGT Target Corp. 0.72% 70,566 $11.0M Reduce -0.7%
GDX Vaneck Gold Miners ETF 0.70% 270,900 $10.8M New
VXUS Vanguard Total Intl Stock 0.70% 166,516 $10.8M Add +3.2%
VOO Vanguard S&P 500 ETF 0.69% 19,870 $10.5M Reduce -5.0%
CRM Salesforce Inc. 0.67% 37,465 $10.3M Add +8.4%
SYY Sysco Corp. 0.66% 129,140 $10.1M Reduce -1.7%
NKMCX NRTH SQ Kennedy Microcap-I filed as NORTH SQUARE INVESTM 0.64% 874,755 $9.8M New
NVDA Nvidia Corp. 0.64% 80,405 $9.8M Add +737.5%
DOV Dover Corp. 0.63% 50,350 $9.7M Reduce -1.8%
SPDW Ste STR SPDR PT DW Eu ETF 0.60% 242,650 $9.1M No change
MAR Marriott International Class A 0.60% 36,650 $9.1M Reduce -4.2%
MRK Merck & Co. Inc. 0.57% 76,975 $8.7M Reduce -4.8%
VB Vanguard Most SM-Cap ETF-Usd 0.56% 36,136 $8.6M Add +1.8%
EOG EOG Resources Inc. 0.56% 69,413 $8.5M Reduce -1.5%
T AT&T Inc. 0.55% 380,688 $8.4M Reduce -0.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.55% 116,163 $8.3M Reduce -6.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.54% 85,967 $8.3M Reduce -1.7%
WFC Wells Fargo & Co. 0.53% 143,512 $8.1M Reduce -5.0%
PEG Public Service Enterprise GP 0.52% 89,364 $8.0M Reduce -9.7%
HUM Humana Inc. 0.50% 24,141 $7.6M Reduce -6.1%
FCX Freeport-McMoran Inc. 0.49% 150,035 $7.5M Add +0.3%
SBUX Starbucks Corp. 0.48% 74,870 $7.3M Reduce -4.4%
ST Sensata Technologies Holdplc 0.48% 203,422 $7.3M Reduce -0.7%
AIG American International Group 0.47% 97,290 $7.1M Reduce -4.7%
EFV iShares MSCI Eafe Value ETF 0.46% 121,947 $7.0M Add +3.0%
GOOGL Alphabet Inc. Class A 0.46% 42,102 $7.0M Reduce -25.5%
COR Cencora Inc. 0.39% 26,361 $5.9M Add +0.6%
ORDNX North SQ Pref & Inc. Sec-I 0.39% 273,796 $5.9M Reduce -4.8%
CE Celanese Corp. 0.38% 42,242 $5.7M Reduce -7.5%
BIIB Biogen Inc. 0.36% 28,109 $5.5M Reduce -1.1%
GILD Gilead Sciences Inc. 0.35% 63,765 $5.3M Reduce -4.8%
AXP American Express Co. 0.34% 19,370 $5.3M Reduce -0.7%
VIG Vanguard Dividend Apprec ETF 0.28% 21,900 $4.3M Reduce -17.8%
NEE Nextera Energy Inc. 0.28% 50,223 $4.2M Reduce -0.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.24% 18,404 $3.7M Add +2.1%
IEFA iShares Core MSCI Eafe ETF 0.22% 43,474 $3.4M No change
SPEM State Street SP PTF Em ETF 0.22% 80,501 $3.3M No change
HDEF Xtrackers MSCI Eafe High Div 0.21% 118,414 $3.2M Add +3.1%
EWU iShares MSCI United Kingdom 0.21% 84,426 $3.2M Add +3.3%
AMGN Amgen Inc. 0.20% 9,648 $3.1M Add +1.4%
A Agilent Technologies Inc. 0.20% 20,502 $3.0M Reduce -2.9%
PM Philip Morris International 0.19% 24,539 $3.0M Add +1.3%
PRJZX Pgim Jenn GLBL Opport-Z 0.18% 56,791 $2.7M No change
DXJ Wisdomtree Japan Hedged Eq 0.17% 24,581 $2.6M Add +3.2%
SPGP Invesco S&P 500 Garp ETF 0.16% 23,600 $2.5M No change
EWG iShares MSCI Germany ETF 0.15% 68,723 $2.3M Add +3.3%
EMXC iShares MSCI Emr MRK Ex Chna 0.15% 37,123 $2.3M New
AMTM Amentum Holdings Inc. 0.14% 85,622 $2.2M Reduce -4.3%
HEDJ Wisdomtree Europe Hedged Equ 0.14% 47,507 $2.1M Add +3.2%
USB US Bancorp 0.14% 45,945 $2.1M Add +1.8%
BWA Borgwarner Inc. 0.13% 53,424 $1.9M Add +58.1%
SPSM SS SPDR P S&P 600 Small Cap 0.12% 40,652 $1.9M No change
CSCO Cisco Systems Inc. 0.11% 30,886 $1.6M Add +1.8%
AEPFX Eupac Fund-F-2 filed as AMER EUROPACIFIC GRWTH Cl F-2 0.06% 14,734 $886K No change
RSP Invesco S&P 500 Equal Weight 0.05% 4,450 $797K No change
PGX Invesco Preferred ETF 0.05% 61,700 $762K No change
LLY Eli Lilly & Co. 0.05% 800 $708K Reduce -34.5%
GICIX Gldmn SCHS Intl S/C Insg-Ins 0.04% 48,161 $671K No change
VIISX Virtus Kar Intl SM Mid-I 0.04% 28,106 $579K No change
PRMSX T Rowe PR Emrg MRK STCK-Inv 0.04% 15,496 $567K No change
PFFD Global X US Preferred ETF 0.04% 26,100 $542K No change
PFLD Aam Low Dur Pref & Inc. Sec 0.03% 25,000 $530K No change
IGIFX Amer FND Intl GR & Inc.-F1 filed as INTERNATIONAL GRW & 0.03% 10,165 $398K No change
OAKWX Oakmark Global Select-Inv 0.02% 15,801 $372K No change
UNH Unitedhealth Group Inc. 0.02% 572 $335K Add +18.9%
VSS Vanguard Ftse All Wo X-US SC 0.02% 2,350 $296K No change
V Visa Inc. Class A 0.02% 1,014 $277K Add +19.3%
MA Mastercard Inc. Class A 0.02% 490 $241K New
TDG Transdigm Group Inc. 0.02% 164 $234K New
ROST Ross Stores Inc. 0.01% 1,525 $230K New
COST Costco Wholesale Corp. 0.01% 237 $211K New
VEU Vanguard Ftse All-World Ex-U 0.01% 3,350 $211K New
NFLX Netflix Inc. 0.01% 286 $203K New
Other holdings (3): bonds, preferreds, convertibles and warrants · $4.2M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 1,750$2.2MNo 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$496KNo change

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

Portfolio Sells Q2 2024 → Q3 2024
QQQ Invesco QQQ Trust Series 1 Reduce -24.0% 5.38% −2.15
SPY SS SPDR S&P 500 ETF Trust-US Reduce -27.3% 4.85% −2.02
GOOG Alphabet Inc. Class C Reduce -18.1% 1.80% −0.81
MSFT Microsoft Corp. Reduce -6.6% 2.78% −0.57
ORSIX NRTH SQ DYN SM Cap-I Reduce -12.6% 3.79% −0.49
FFIV F5 Inc. Sold out 0.00% −0.38
IWM iShares Russell 2000 ETF Reduce -17.1% 1.90% −0.38
DELL Dell Technologies -C Reduce -5.9% 0.93% −0.32
MPC Marathon Petroleum Corp. Reduce -3.5% 1.40% −0.28
GOOGL Alphabet Inc. Class A Reduce -25.5% 0.46% −0.27
AMZN Amazon.com Inc. Reduce -5.9% 1.36% −0.27
SPIB SS SPDR P Int C Corp. ETF Sold out 0.00% −0.22
HUM Humana Inc. Reduce -6.1% 0.50% −0.18
AAPL Apple Inc. Reduce -7.9% 2.74% −0.18
DKS Dick's Sporting Goods Inc. Reduce -4.5% 1.04% −0.18
J Jacobs Solutions Inc. Reduce -4.3% 0.73% −0.15
HON Honeywell International Inc. Reduce -3.7% 0.91% −0.15
CVX Chevron Corp. Reduce -1.3% 0.87% −0.15
VEA Vanguard Ftse Developed ETF Reduce -12.6% 0.88% −0.14
MRK Merck & Co. Inc. Reduce -4.8% 0.57% −0.14
SPSB SS SPDR P St C Corp. ETF Sold out 0.00% −0.13
BIIB Biogen Inc. Reduce -1.1% 0.36% −0.11
WFC Wells Fargo & Co. Reduce -5.0% 0.53% −0.11
JPM JPMorgan Chase & Co. Reduce -2.5% 1.35% −0.09
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -2.3% 1.46% −0.08
DIS The Walt Disney Co. Reduce -1.7% 0.54% −0.07
AIG American International Group Reduce -4.7% 0.47% −0.07
EOG EOG Resources Inc. Reduce -1.5% 0.56% −0.07
ADVGX North SQ Sel SM Cap-I Reduce -6.7% 1.50% −0.07
ST Sensata Technologies Holdplc Reduce -0.7% 0.48% −0.07
ANGL Vaneck Fallen Angel High YLD Sold out 0.00% −0.06
SPLB SS SPDR P Long Term C ETF Sold out 0.00% −0.06
CE Celanese Corp. Reduce -7.5% 0.38% −0.06
VIG Vanguard Dividend Apprec ETF Reduce -17.8% 0.28% −0.06
DGRO iShares Core Dividend Growth Sold out 0.00% −0.06
MAR Marriott International Class A Reduce -4.2% 0.60% −0.06
VOO Vanguard S&P 500 ETF Reduce -5.0% 0.69% −0.06
AVGO Broadcom Inc. Reduce -4.0% 1.03% −0.05
SCHD Schwab US DVD Equity ETF Sold out 0.00% −0.05
DFS Discover Financial Services Reduce -4.1% 0.83% −0.05
ORDNX North SQ Pref & Inc. Sec-I Reduce -4.8% 0.39% −0.04
LLY Eli Lilly & Co. Reduce -34.5% 0.05% −0.03
USHY iShares Broad Usd High Yield Sold out 0.00% −0.03
GS Goldman Sachs Group Inc. Reduce -3.7% 1.09% −0.03
GWW WW Grainger Inc. Sold out 0.00% −0.03
WM Waste Management Inc. Sold out 0.00% −0.03
ABT Abbott Laboratories Reduce -4.8% 0.75% −0.03
TGT Target Corp. Reduce -0.7% 0.72% −0.03
AFL Aflac Inc. Sold out 0.00% −0.03
DOV Dover Corp. Reduce -1.8% 0.63% −0.03

Portfolio Buys Q2 2024 → Q3 2024
HDV iShares Core High Dividend E New 1.77% +1.77
VHT Vanguard Health Care ETF New 1.77% +1.77
IEI iShares 3-7 Year Treasury Bo New 1.77% +1.77
DIA SS SPDR Dow Jones Indus Avg New 1.55% +1.55
IVV iShares Core S&P 500 ETF Add +934.7% 1.69% +1.52
GDX Vaneck Gold Miners ETF New 0.70% +0.70
NKMCX NRTH SQ Kennedy Microcap-I New 0.64% +0.64
NVDA Nvidia Corp. Add +737.5% 0.64% +0.55
AMD Advanced Micro Devices Add +66.7% 0.81% +0.29
EMXC iShares MSCI Emr MRK Ex Chna New 0.15% +0.15
GLPI Gaming and Leisure Propertie Add +4.6% 0.80% +0.07
BWA Borgwarner Inc. Add +58.1% 0.13% +0.05
VTWO Vanguard Russell 2000 ETF Add +1.9% 1.69% +0.04
CRM Salesforce Inc. Add +8.4% 0.67% +0.04
PM Philip Morris International Add +1.3% 0.19% +0.02
MA Mastercard Inc. Class A New 0.02% +0.02
TDG Transdigm Group Inc. New 0.02% +0.02
ROST Ross Stores Inc. New 0.01% +0.01
VXUS Vanguard Total Intl Stock Add +3.2% 0.70% +0.01
COST Costco Wholesale Corp. New 0.01% +0.01
VEU Vanguard Ftse All-World Ex-U New 0.01% +0.01
EFV iShares MSCI Eafe Value ETF Add +3.0% 0.46% +0.01
NFLX Netflix Inc. New 0.01% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +1.8% 0.56% +0.01
USB US Bancorp Add +1.8% 0.14% +0.01
HDEF Xtrackers MSCI Eafe High Div Add +3.1% 0.21% +0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +2.1% 0.24% +0.01
EWG iShares MSCI Germany ETF Add +3.3% 0.15% +0.01
CSCO Cisco Systems Inc. Add +1.8% 0.11% +0.01
EWU iShares MSCI United Kingdom Add +3.3% 0.21% +0.00
UNH Unitedhealth Group Inc. Add +18.9% 0.02% +0.00
V Visa Inc. Class A Add +19.3% 0.02% +0.00
AMGN Amgen Inc. Add +1.4% 0.20% −0.01
HEDJ Wisdomtree Europe Hedged Equ Add +3.2% 0.14% −0.01
DXJ Wisdomtree Japan Hedged Eq Add +3.2% 0.17% −0.02
FCX Freeport-McMoran Inc. Add +0.3% 0.49% −0.03
COR Cencora Inc. Add +0.6% 0.39% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Add +0.5% 5.34% −0.27

Options Activity Q2 2024 → Q3 2024
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 50 $2.7Mbefore exit

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