CSM Advisors, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), CSM Advisors, LLC reported 122 stock positions worth $1.8 billion. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 8.0% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 7.9%) and Invesco QQQ Trust Series 1 (QQQ, 7.8%). Compared with Q4 2024, it opened 8 new positions, sold out of 9, added to 8 and reduced 79. The biggest buy was a new position in Vaneck Gold Miners ETF (GDX) and the biggest sale iShares Russell 2000 ETF (IWM, shares −97%).

Most Recent 13F
Q2 2026
Location
WARRENDALE, PA
CIK
0001863523
Portfolio Value
$1.8B (Q1 2025)
SEC Filing
0001863523-25-000006 ↗ filed May 14, 2025

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 Q3 2024 Q4 2024: $2.1B Q4 2024 Q1 2025: $1.8B $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 122 stocks · $1.8B
VUG Vanguard Mrngstar GR ETF-Sui 8.05% 397,274 $147.3M Reduce -5.4%
SPY SS SPDR S&P 500 ETF Trust-US 7.91% 258,880 $144.8M No change
QQQ Invesco QQQ Trust Series 1 7.84% 306,150 $143.6M Reduce -9.2%
VTV Vanguard Mrngstr Val ETF-Aui 6.83% 724,081 $125.1M Reduce -0.3%
ORSIX NRTH SQ DYN SM Cap-I filed as NORTH SQ INVSTMNTS T 4.58% 6,078,612 $83.8M Reduce -8.4%
EZU iShares MSCI Eurozone ETF 4.19% 1,441,200 $76.7M Add +35.6%
XLF SS Financial Select Sector 3.75% 1,377,800 $68.6M No change
HDV iShares Core High Dividend E 3.06% 461,800 $55.9M No change
IEI iShares 3-7 Year Treasury Bo 2.93% 453,400 $53.6M No change
ADVGX North SQ Sel SM Cap-I 2.20% 3,382,035 $40.3M Reduce -0.3%
AAPL Apple Inc. 2.11% 173,630 $38.6M Reduce -1.2%
GDX Vaneck Gold Miners ETF 2.00% 797,400 $36.7M New
SPYM Ste STR SPDR PT S&P 500 ETF 1.84% 511,929 $33.7M Reduce -2.4%
MSFT Microsoft Corp. 1.71% 83,611 $31.4M Reduce -12.6%
VTWO Vanguard Russell 2000 ETF 1.45% 329,559 $26.6M Reduce -11.7%
AMZN Amazon.com Inc. 1.36% 131,334 $25.0M Add +21.6%
GOOG Alphabet Inc. Class C 1.36% 158,875 $24.8M Reduce -0.1%
JPM JPMorgan Chase & Co. 1.25% 93,142 $22.8M Reduce -2.2%
TMUS T-Mobile US Inc. 1.08% 74,334 $19.8M Reduce -2.7%
NKMCX NRTH SQ Kennedy Microcap-I filed as NORTH SQUARE INVESTM 1.05% 1,719,860 $19.3M No change
META Meta Platforms Inc. Class A 1.04% 33,189 $19.1M Reduce -14.0%
MPC Marathon Petroleum Corp. 1.00% 125,207 $18.2M Reduce -1.9%
CVX Chevron Corp. 0.97% 105,936 $17.7M Reduce -1.5%
SPDW Ste STR SPDR PT DW Eu ETF 0.96% 481,850 $17.5M No change
GS Goldman Sachs Group Inc. 0.96% 32,059 $17.5M Reduce -1.8%
WMT Walmart Inc. 0.92% 192,455 $16.9M Reduce -2.1%
PYPL PayPal Holdings Inc. 0.86% 240,981 $15.7M Add +12.1%
EXPE Expedia Group Inc. 0.86% 93,269 $15.7M Reduce -1.7%
ORCL Oracle Corp. 0.72% 93,991 $13.1M Reduce -1.5%
ABT Abbott Laboratories 0.69% 95,721 $12.7M Reduce -2.3%
AVGO Broadcom Inc. 0.69% 75,490 $12.6M Reduce -15.4%
NVDA Nvidia Corp. 0.68% 114,190 $12.4M Add +38.2%
CRM Salesforce Inc. 0.66% 45,275 $12.2M Add +28.8%
CB Chubb Ltd. 0.65% 39,575 $12.0M Reduce -1.7%
GLPI Gaming and Leisure Propertie 0.65% 233,645 $11.9M Reduce -1.9%
HON Honeywell International Inc. 0.65% 56,072 $11.9M Add +25.9%
VEA Vanguard Ftse Developed ETF 0.64% 229,506 $11.7M Reduce -0.5%
AMTM Amentum Holdings Inc. 0.63% 638,057 $11.6M Reduce -0.2%
DKS Dick's Sporting Goods Inc. 0.61% 55,772 $11.2M Reduce -25.3%
CG The Carlyle Group Inc. 0.59% 247,855 $10.8M New
DELL Dell Technologies -C 0.57% 115,080 $10.5M Reduce -1.6%
DFS Discover Financial Services 0.57% 61,045 $10.4M Reduce -1.6%
VOO Vanguard S&P 500 ETF 0.54% 19,250 $9.9M Reduce -0.4%
WFC Wells Fargo & Co. 0.53% 135,722 $9.7M Reduce -3.5%
T AT&T Inc. 0.53% 342,849 $9.7M Reduce -4.6%
SYY Sysco Corp. 0.52% 127,220 $9.6M Reduce -1.6%
GTLS Chart Industries Inc. 0.51% 64,505 $9.3M New
CNC Centene Corp. 0.50% 149,458 $9.1M Reduce -2.4%
VXUS Vanguard Total Intl Stock 0.49% 145,145 $9.0M Reduce -16.9%
VB Vanguard Most SM-Cap ETF-Usd 0.49% 40,186 $8.9M Reduce -13.6%
EOG EOG Resources Inc. 0.46% 66,109 $8.5M Reduce -3.1%
CAT Caterpillar Inc. 0.46% 25,665 $8.5M Reduce -24.2%
MAR Marriott International Class A 0.46% 35,088 $8.4M Reduce -0.8%
DOV Dover Corp. 0.45% 47,055 $8.3M Reduce -1.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.43% 80,082 $7.9M Reduce -2.5%
J Jacobs Solutions Inc. 0.42% 63,612 $7.7M Reduce -24.5%
EFV iShares MSCI Eafe Value ETF 0.41% 126,485 $7.5M Reduce -0.9%
AMD Advanced Micro Devices 0.40% 71,690 $7.4M Reduce -1.2%
PEG Public Service Enterprise GP 0.39% 87,199 $7.2M Reduce -2.0%
TGT Target Corp. 0.39% 68,726 $7.2M Reduce -0.5%
COR Cencora Inc. 0.39% 25,347 $7.0M Reduce -4.8%
DE Deere & Co. 0.37% 14,591 $6.8M Reduce -56.6%
SBUX Starbucks Corp. 0.37% 69,710 $6.8M Reduce -1.7%
MRK Merck & Co. Inc. 0.36% 73,535 $6.6M Reduce -1.5%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.36% 83,607 $6.5M Reduce -0.3%
GILD Gilead Sciences Inc. 0.36% 58,255 $6.5M Reduce -1.3%
GOOGL Alphabet Inc. Class A 0.36% 42,082 $6.5M Reduce -2.1%
HUM Humana Inc. 0.35% 23,926 $6.3M Reduce -1.1%
SPEM State Street SP PTF Em ETF 0.34% 159,901 $6.3M No change
AXP American Express Co. 0.28% 18,850 $5.1M Reduce -4.9%
QTPI NRTH Squr Rcim Tax-Ad Is ETF filed as EXCHANGE PLACE ADVISORS TRUS 0.27% 200,000 $5.0M No change
VIG Vanguard Dividend Apprec ETF 0.23% 21,900 $4.2M No change
AMGN Amgen Inc. 0.22% 12,707 $4.0M Reduce -2.9%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.21% 20,846 $3.9M Reduce -13.2%
BIIB Biogen Inc. 0.21% 27,859 $3.8M Reduce -1.1%
FCX Freeport-McMoran Inc. 0.21% 99,685 $3.8M Reduce -3.4%
CSCO Cisco Systems Inc. 0.20% 60,771 $3.8M Add +91.8%
PM Philip Morris International 0.20% 23,314 $3.7M Reduce -3.7%
NEE Nextera Energy Inc. 0.19% 49,403 $3.5M Reduce -3.7%
HDEF Xtrackers MSCI Eafe High Div 0.19% 126,031 $3.4M Reduce -0.8%
EWU iShares MSCI United Kingdom 0.18% 90,287 $3.4M Reduce -0.7%
SPSM SS SPDR P S&P 600 Small Cap 0.18% 80,752 $3.3M No change
IEFA iShares Core MSCI Eafe ETF 0.18% 42,684 $3.2M Reduce -1.8%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.17% 36,083 $3.0M Reduce -67.6%
DXJ Wisdomtree Japan Hedged Eq 0.15% 25,554 $2.8M Reduce -0.5%
EWG iShares MSCI Germany ETF 0.14% 70,886 $2.6M Reduce -1.5%
IWM iShares Russell 2000 ETF 0.14% 12,800 $2.6M Reduce -97.2%
EWZ iShares MSCI Brazil ETF 0.13% 93,688 $2.4M New
EWS iShares MSCI Singapore ETF 0.13% 100,794 $2.4M Reduce -0.3%
A Agilent Technologies Inc. 0.13% 20,232 $2.4M Reduce -3.9%
HEDJ Wisdomtree Europe Hedged Equ 0.13% 49,556 $2.4M Reduce -0.1%
PRJZX Pgim Jenn GLBL Opport-Z 0.13% 56,791 $2.3M No change
EWC iShares MSCI Canada ETF 0.12% 53,635 $2.2M No change
SPGP Invesco S&P 500 Garp ETF 0.10% 19,100 $1.9M Reduce -19.1%
BWA Borgwarner Inc. 0.08% 53,424 $1.5M Reduce -2.7%
EFA iShares MSCI Eafe ETF 0.08% 17,700 $1.4M New
ST Sensata Technologies Holdplc 0.07% 49,382 $1.2M Reduce -3.5%
LLY Eli Lilly & Co. 0.05% 1,040 $859K Reduce -0.5%
AEPFX Eupac Fund-F-2 filed as AMER EUROPACIFIC GRWTH Cl F-2 0.04% 14,734 $810K No change
RSP Invesco S&P 500 Equal Weight 0.04% 4,450 $771K No change
PGX Invesco Preferred ETF 0.04% 61,700 $692K No change
GICIX Gldmn SCHS Intl S/C Insg-Ins 0.03% 48,161 $631K No change
VIISX Virtus Kar Intl SM Mid-I 0.03% 28,106 $561K No change
PRMSX T Rowe PR Emrg MRK STCK-Inv 0.03% 15,496 $540K No change
PFLD Aam Low Dur Pref & Inc. Sec 0.03% 25,000 $505K No change
PFFD Global X US Preferred ETF 0.03% 26,100 $497K No change
V Visa Inc. Class A 0.03% 1,325 $466K Reduce -0.4%
TSLA Tesla Inc. 0.02% 1,523 $393K Add +90.8%
IGIFX Amer FND Intl GR & Inc.-F1 filed as INTERNATIONAL GRW & 0.02% 10,165 $391K No change
UNH Unitedhealth Group Inc. 0.02% 746 $390K Reduce -0.7%
OAKWX Oakmark Global Select-Inv 0.02% 15,801 $380K No change
NFLX Netflix Inc. 0.02% 383 $357K Reduce -1.3%
MA Mastercard Inc. Class A 0.02% 646 $353K Reduce -0.8%
ORLY O'reilly Automotive Inc. 0.02% 225 $322K No change
COST Costco Wholesale Corp. 0.02% 303 $286K No change
VSS Vanguard Ftse All Wo X-US SC 0.01% 2,350 $272K No change
ECL Ecolab Inc. 0.01% 942 $240K No change
TDG Transdigm Group Inc. 0.01% 159 $219K Reduce -26.4%
SYK Stryker Corp. 0.01% 560 $208K No change
VEU Vanguard Ftse All-World Ex-U 0.01% 3,350 $203K New
VRSK Verisk Analytics Inc. 0.01% 680 $203K New
KLAC KLA Corp. 0.01% 296 $200K New
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.6M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 1,750$2.1MNo change
STATE STREET CORP (STT V5.35 PERP G) Common Stock 20,100$454KNo change

Total filed on the 13F, all lines: $1.8B.

Portfolio Sells Q4 2024 → Q1 2025
IWM iShares Russell 2000 ETF Reduce -97.2% 0.14% −4.52
IWV iShares Russell 3000 ETF Sold out 0.00% −2.92
IVV iShares Core S&P 500 ETF Sold out 0.00% −1.80
DIA SS SPDR Dow Jones Indus Avg Sold out 0.00% −1.70
AIG American International Group Sold out 0.00% −0.32
DE Deere & Co. Reduce -56.6% 0.37% −0.29
AVGO Broadcom Inc. Reduce -15.4% 0.69% −0.28
BNY Bank of New York Mellon Corp. Reduce -67.6% 0.17% −0.23
QQQ Invesco QQQ Trust Series 1 Reduce -9.2% 7.84% −0.23
DKS Dick's Sporting Goods Inc. Reduce -25.3% 0.61% −0.19
MSFT Microsoft Corp. Reduce -12.6% 1.71% −0.17
CAT Caterpillar Inc. Reduce -24.2% 0.46% −0.11
ORSIX NRTH SQ DYN SM Cap-I Reduce -8.4% 4.58% −0.11
VTWO Vanguard Russell 2000 ETF Reduce -11.7% 1.45% −0.11
J Jacobs Solutions Inc. Reduce -24.5% 0.42% −0.11
USB US Bancorp Sold out 0.00% −0.11
GOOG Alphabet Inc. Class C Reduce -0.1% 1.36% −0.06
DELL Dell Technologies -C Reduce -1.6% 0.57% −0.06
TGT Target Corp. Reduce -0.5% 0.39% −0.05
VB Vanguard Most SM-Cap ETF-Usd Reduce -13.6% 0.49% −0.04
ORCL Oracle Corp. Reduce -1.5% 0.72% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Reduce -5.4% 8.05% −0.03
GOOGL Alphabet Inc. Class A Reduce -2.1% 0.36% −0.03
ROST Ross Stores Inc. Sold out 0.00% −0.01
META Meta Platforms Inc. Class A Reduce -14.0% 1.04% −0.01
ANET Arista Networks Inc. Sold out 0.00% −0.01
SPGP Invesco S&P 500 Garp ETF Reduce -19.1% 0.10% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -13.2% 0.21% −0.01
NOW ServiceNow Inc. Sold out 0.00% −0.01
FTNT Fortinet Inc. Sold out 0.00% −0.01
AMD Advanced Micro Devices Reduce -1.2% 0.40% −0.01
MAR Marriott International Class A Reduce -0.8% 0.46% −0.01
A Agilent Technologies Inc. Reduce -3.9% 0.13% −0.00
TDG Transdigm Group Inc. Reduce -26.4% 0.01% −0.00
ST Sensata Technologies Holdplc Reduce -3.5% 0.07% −0.00
AXP American Express Co. Reduce -4.9% 0.28% +0.00
BWA Borgwarner Inc. Reduce -2.7% 0.08% +0.00
MA Mastercard Inc. Class A Reduce -0.8% 0.02% +0.00
NFLX Netflix Inc. Reduce -1.3% 0.02% +0.00
UNH Unitedhealth Group Inc. Reduce -0.7% 0.02% +0.00
DIS The Walt Disney Co. Reduce -2.5% 0.43% +0.00
AMTM Amentum Holdings Inc. Reduce -0.2% 0.63% +0.01
V Visa Inc. Class A Reduce -0.4% 0.03% +0.01
BIIB Biogen Inc. Reduce -1.1% 0.21% +0.01
LLY Eli Lilly & Co. Reduce -0.5% 0.05% +0.01
VXUS Vanguard Total Intl Stock Reduce -16.9% 0.49% +0.01
MRK Merck & Co. Inc. Reduce -1.5% 0.36% +0.01
NEE Nextera Energy Inc. Reduce -3.7% 0.19% +0.02
DXJ Wisdomtree Japan Hedged Eq Reduce -0.5% 0.15% +0.02
CF CF Industries Holdings Inc. Reduce -0.3% 0.36% +0.02

Portfolio Buys Q4 2024 → Q1 2025
GDX Vaneck Gold Miners ETF New 2.00% +2.00
EZU iShares MSCI Eurozone ETF Add +35.6% 4.19% +1.84
CG The Carlyle Group Inc. New 0.59% +0.59
GTLS Chart Industries Inc. New 0.51% +0.51
AMZN Amazon.com Inc. Add +21.6% 1.36% +0.26
HON Honeywell International Inc. Add +25.9% 0.65% +0.18
NVDA Nvidia Corp. Add +38.2% 0.68% +0.16
EWZ iShares MSCI Brazil ETF New 0.13% +0.13
CSCO Cisco Systems Inc. Add +91.8% 0.20% +0.12
CRM Salesforce Inc. Add +28.8% 0.66% +0.11
EFA iShares MSCI Eafe ETF New 0.08% +0.08
VEU Vanguard Ftse All-World Ex-U New 0.01% +0.01
VRSK Verisk Analytics Inc. New 0.01% +0.01
KLAC KLA Corp. New 0.01% +0.01
TSLA Tesla Inc. Add +90.8% 0.02% +0.01
PYPL PayPal Holdings Inc. Add +12.1% 0.86% −0.00

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