CSM Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), CSM Advisors, LLC reported 399 stock positions worth $3.7 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 3.2% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 2.7%) and SS SPDR S&P 500 ETF Trust-US (SPY, 2.4%). Compared with Q3 2025, it opened 28 new positions, sold out of 30, added to 229 and reduced 119. The biggest buy was iShares Russell 2000 ETF (IWM, shares +5705%) and the biggest sale an exit from SS Financial Select Sector (XLF).
- Most Recent 13F
- Q2 2026
- Location
- WARRENDALE, PA
- CIK
- 0001863523
- Portfolio Value
- $3.7B (Q4 2025)
- SEC Filing
- 0001863523-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 399 stocks · $3.7B
| QQQ Invesco QQQ Trust Series 1 | 3.22% | 192,578 | $118.3M | Reduce -3.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.68% | 201,497 | $98.3M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.40% | 129,440 | $88.3M | Reduce -24.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.91% | 366,983 | $70.1M | No change |
| GOOG Alphabet Inc. Class C | 1.83% | 214,108 | $67.2M | Reduce -19.0% |
| USB US Bancorp | 1.65% | 1,137,327 | $60.7M | Add +8.6% |
| IWM iShares Russell 2000 ETF | 1.56% | 232,200 | $57.2M | Add +5705.0% |
| JPM JPMorgan Chase & Co. | 1.47% | 167,471 | $54.0M | Reduce -3.1% |
| HIG Hartford Insurance Group Inc. | 1.46% | 388,721 | $53.6M | Add +15.6% |
| JNJ Johnson & Johnson | 1.44% | 256,040 | $53.0M | Add +3.8% |
| CMI Cummins Inc. | 1.43% | 103,024 | $52.6M | Reduce -11.8% |
| CSCO Cisco Systems Inc. | 1.39% | 663,396 | $51.1M | Add +4.2% |
| EZU iShares MSCI Eurozone ETF | 1.26% | 720,600 | $46.2M | No change |
| C Citigroup Inc. | 1.26% | 395,245 | $46.1M | Add +8.7% |
| ORSIX NRTH SQ DYN SM Cap-I filed as NORTH SQ INVSTMNTS T | 1.19% | 2,702,801 | $43.8M | Reduce -4.9% |
| DAL Delta Air Lines Inc. | 1.19% | 629,101 | $43.7M | Add +20.2% |
| SYF Synchrony Financial | 1.19% | 522,006 | $43.5M | Add +16.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.16% | 367,370 | $42.7M | Add +11.1% |
| CAT Caterpillar Inc. | 1.14% | 72,852 | $41.7M | Add +0.8% |
| NVDA Nvidia Corp. | 1.11% | 218,871 | $40.8M | Add +11.0% |
| MSFT Microsoft Corp. | 1.09% | 82,944 | $40.1M | Add +5.5% |
| QCOM Qualcomm Inc. | 1.09% | 233,324 | $39.9M | Add +16.6% |
| CVX Chevron Corp. | 1.07% | 258,093 | $39.3M | Reduce -9.0% |
| AAPL Apple Inc. | 1.06% | 142,832 | $38.8M | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 1.03% | 120,972 | $37.9M | Reduce -0.4% |
| GS Goldman Sachs Group Inc. | 1.03% | 43,052 | $37.8M | Reduce -6.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.00% | 123,436 | $36.6M | Add +8.6% |
| VTWO Vanguard Russell 2000 ETF | 0.98% | 361,752 | $36.0M | Add +17.1% |
| GM General Motors Co. | 0.88% | 398,793 | $32.4M | Reduce -3.4% |
| MO Altria Group Inc. | 0.88% | 558,162 | $32.2M | Add +8.4% |
| AMP Ameriprise Financial Inc. | 0.86% | 64,592 | $31.7M | Add +20.5% |
| VZ Verizon Communications Inc. | 0.83% | 748,783 | $30.5M | Add +8.5% |
| EOG EOG Resources Inc. | 0.82% | 287,433 | $30.2M | Reduce -10.3% |
| MDT Medtronic PLC | 0.81% | 309,523 | $29.7M | Add +8.5% |
| SHEL Shell PLC-ADR | 0.81% | 404,142 | $29.7M | Add +8.5% |
| NUE Nucor Corp. | 0.75% | 168,001 | $27.4M | Add +53.7% |
| SPG Simon Property Group Inc. | 0.75% | 147,723 | $27.3M | Add +45.7% |
| URI United Rentals Inc. | 0.72% | 32,667 | $26.4M | Add +28.4% |
| DUK Duke Energy Corp. | 0.71% | 221,722 | $26.0M | Reduce -20.5% |
| LOW Lowe's Cos Inc. | 0.68% | 103,316 | $24.9M | Add +8.6% |
| ABBV Abbvie Inc. | 0.67% | 108,226 | $24.7M | Add +8.4% |
| LNC Lincoln National Corp. | 0.64% | 528,853 | $23.5M | Add +58.2% |
| CCEP Coca-Cola Europacific Partne | 0.64% | 258,139 | $23.4M | Add +8.7% |
| EWC iShares MSCI Canada ETF | 0.64% | 433,481 | $23.4M | Add +3.7% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.63% | 296,637 | $22.9M | Add +983.2% |
| FOXA Fox Corp. Class A | 0.62% | 312,740 | $22.9M | Reduce -18.1% |
| IEI iShares 3-7 Year Treasury Bo | 0.62% | 189,900 | $22.7M | No change |
| APTV Aptiv PLC | 0.61% | 296,262 | $22.5M | Add +32.1% |
| ZM Zoom Communications Inc. | 0.61% | 260,828 | $22.5M | Add +30.9% |
| PFE Pfizer Inc. | 0.60% | 881,206 | $21.9M | Add +31.5% |
| TMUS T-Mobile US Inc. | 0.59% | 107,493 | $21.8M | Reduce -12.9% |
| CI The Cigna Group | 0.58% | 77,248 | $21.3M | Add +8.7% |
| ADVGX North SQ Sel SM Cap-I | 0.57% | 1,593,529 | $21.1M | Reduce -4.9% |
| AMZN Amazon.com Inc. | 0.57% | 90,862 | $21.0M | Add +1.3% |
| SNY Sanofi-ADR | 0.55% | 420,004 | $20.4M | Add +8.7% |
| DG Dollar General Corp. | 0.55% | 152,654 | $20.3M | Add +11.8% |
| GD General Dynamics Corp. | 0.55% | 59,632 | $20.1M | New |
| MU Micron Technology Inc. | 0.52% | 67,341 | $19.2M | New |
| VEA Vanguard Ftse Developed ETF | 0.52% | 307,525 | $19.2M | Add +21.2% |
| AVGO Broadcom Inc. | 0.52% | 54,963 | $19.0M | Add +1.9% |
| EXE Expand Energy Corp. | 0.51% | 169,568 | $18.7M | Reduce -10.4% |
| CG The Carlyle Group Inc. | 0.50% | 308,727 | $18.3M | Reduce -8.9% |
| WPC WP Carey Inc. | 0.49% | 278,779 | $17.9M | Add +32.1% |
| META Meta Platforms Inc. Class A | 0.48% | 26,943 | $17.8M | Add +2.8% |
| VXUS Vanguard Total Intl Stock | 0.48% | 234,889 | $17.7M | Add +42.4% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.46% | 594,417 | $16.7M | Add +36.4% |
| RTX RTX Corp. | 0.43% | 86,501 | $15.9M | Reduce -36.8% |
| EIX Edison International | 0.43% | 262,999 | $15.8M | New |
| GSL Global Ship Lease Inc. Class A | 0.43% | 446,060 | $15.6M | Add +3.0% |
| DGX Quest Diagnostics Inc. | 0.42% | 88,713 | $15.4M | Add +8.6% |
| TSN Tyson Foods Inc. Class A | 0.41% | 257,007 | $15.1M | Add +8.6% |
| NKMCX NRTH SQ Kennedy Microcap-I filed as NORTH SQUARE INVESTM | 0.41% | 1,174,929 | $15.1M | Add +10.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.40% | 185,083 | $14.8M | Add +9.1% |
| LLY Eli Lilly & Co. | 0.38% | 13,139 | $14.1M | Add +19.7% |
| HCSG Healthcare Services Group | 0.37% | 719,093 | $13.7M | Reduce -5.7% |
| AES AES Corp. | 0.36% | 925,035 | $13.3M | Reduce -29.1% |
| EFV iShares MSCI Eafe Value ETF | 0.35% | 181,057 | $12.9M | Add +26.4% |
| GDX Vaneck Gold Miners ETF | 0.34% | 147,300 | $12.6M | Reduce -63.0% |
| VOO Vanguard S&P 500 ETF | 0.34% | 19,669 | $12.3M | Reduce -5.5% |
| KR Kroger Co. | 0.32% | 188,922 | $11.8M | Add +8.6% |
| MTX Minerals Technologies Inc. | 0.32% | 189,719 | $11.6M | Add +82.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 43,102 | $11.1M | Add +13.7% |
| NEM Newmont Corp. | 0.30% | 108,931 | $10.9M | Reduce -12.3% |
| HWC Hancock Whitney Corp. | 0.29% | 166,404 | $10.6M | Add +4.8% |
| ENS Enersys | 0.27% | 67,841 | $10.0M | Reduce -0.5% |
| DNOW Dnow Inc. | 0.26% | 718,348 | $9.5M | Add +96.4% |
| OFG Ofg Bancorp | 0.25% | 222,700 | $9.1M | Add +5.3% |
| ABX Abacus Global Management Inc. | 0.24% | 1,048,012 | $9.0M | Add +10.7% |
| CENX Century Aluminum Company | 0.24% | 224,180 | $8.8M | Reduce -24.8% |
| PENG Penguin Solutions Inc. | 0.24% | 446,669 | $8.7M | Add +7.1% |
| CATY Cathay General Bancorp | 0.24% | 179,883 | $8.7M | Add +5.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.23% | 187,025 | $8.3M | Add +10.4% |
| APEI American Public Education | 0.22% | 218,045 | $8.2M | Add +0.1% |
| NWPX NWPX Infrastructure Inc. | 0.22% | 130,920 | $8.2M | Reduce -8.6% |
| SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC | 0.22% | 567,512 | $8.2M | Add +11.9% |
| IBOC International Bancshares CRP | 0.22% | 120,047 | $8.0M | Add +5.3% |
| WSR Whitestone REIT | 0.22% | 571,315 | $7.9M | Add +1.3% |
| EBAY eBay Inc. | 0.22% | 90,750 | $7.9M | Reduce -19.5% |
| ABCB Ameris Bancorp | 0.22% | 106,319 | $7.9M | Add +5.3% |
| AHCO Adapthealth Corp. | 0.21% | 781,348 | $7.8M | Add +5.3% |
Portfolio Sells Q3 2025 → Q4 2025
| XLF SS Financial Select Sector | Sold out | 0.00% | −1.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -24.0% | 2.40% | −0.77 |
| MOS The Mosaic Co. | Reduce -95.3% | 0.02% | −0.54 |
| NXPI NXP Semiconductors NV | Reduce -98.8% | 0.01% | −0.51 |
| GDX Vaneck Gold Miners ETF | Reduce -63.0% | 0.34% | −0.51 |
| SCHC Schwab Intl Small-Cap Equity | Sold out | 0.00% | −0.50 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -98.1% | 0.01% | −0.50 |
| VNQI Vanguard GLBL Ex-US Real Est | Sold out | 0.00% | −0.48 |
| EMR Emerson Electric Co. | Reduce -96.9% | 0.01% | −0.32 |
| DUK Duke Energy Corp. | Reduce -20.5% | 0.71% | −0.26 |
| TMUS T-Mobile US Inc. | Reduce -12.9% | 0.59% | −0.23 |
| RTX RTX Corp. | Reduce -36.8% | 0.43% | −0.21 |
| EOG EOG Resources Inc. | Reduce -10.3% | 0.82% | −0.18 |
| CVX Chevron Corp. | Reduce -9.0% | 1.07% | −0.16 |
| GIII G-III Apparel Group Ltd. | Sold out | 0.00% | −0.15 |
| ROCK Gibraltar Industries Inc. | Sold out | 0.00% | −0.14 |
| MPC Marathon Petroleum Corp. | Reduce -53.2% | 0.09% | −0.14 |
| MRC MRC Global Inc. | Sold out | 0.00% | −0.13 |
| CASH Pathward Financial Inc. | Reduce -50.4% | 0.11% | −0.13 |
| GTLS Chart Industries Inc. | Reduce -93.7% | 0.01% | −0.12 |
| ORCL Oracle Corp. | Reduce -26.9% | 0.12% | −0.12 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.3% | 3.22% | −0.12 |
| AES AES Corp. | Reduce -29.1% | 0.36% | −0.12 |
| IMAX Imax Corp. | Reduce -64.5% | 0.07% | −0.11 |
| PSFE Paysafe Ltd. | Sold out | 0.00% | −0.11 |
| TPC Tutor Perini Corp. | Sold out | 0.00% | −0.11 |
| KN Knowles Corp. | Reduce -36.8% | 0.14% | −0.10 |
| ADVGX North SQ Sel SM Cap-I | Reduce -4.9% | 0.57% | −0.10 |
| HON Honeywell International Inc. | Reduce -91.6% | 0.01% | −0.10 |
| CG The Carlyle Group Inc. | Reduce -8.9% | 0.50% | −0.10 |
| PYPL PayPal Holdings Inc. | Reduce -55.0% | 0.06% | −0.10 |
| COR Cencora Inc. | Reduce -82.6% | 0.02% | −0.09 |
| CUZ Cousins Properties Inc. | Reduce -24.5% | 0.18% | −0.09 |
| AAP Advance Auto Parts Inc. | Reduce -32.6% | 0.06% | −0.09 |
| ODC Oil-Dri Corp. of America | Sold out | 0.00% | −0.09 |
| NGD New Gold Inc. | Reduce -48.5% | 0.13% | −0.09 |
| EXPE Expedia Group Inc. | Reduce -56.1% | 0.11% | −0.09 |
| DKS Dick's Sporting Goods Inc. | Reduce -63.5% | 0.04% | −0.08 |
| DIS The Walt Disney Co. | Reduce -92.1% | 0.01% | −0.08 |
| DELL Dell Technologies -C | Reduce -46.9% | 0.06% | −0.08 |
| ORSIX NRTH SQ DYN SM Cap-I | Reduce -4.9% | 1.19% | −0.08 |
| COF Capital One Financial Corp. | Reduce -59.6% | 0.06% | −0.07 |
| OEC Orion SA | Reduce -45.6% | 0.04% | −0.07 |
| AXP American Express Co. | Reduce -82.9% | 0.02% | −0.07 |
| EBAY eBay Inc. | Reduce -19.5% | 0.22% | −0.07 |
| PRIM Primoris Services Corp. | Reduce -32.8% | 0.10% | −0.07 |
| REZI Resideo Technologies Inc. | Reduce -20.5% | 0.12% | −0.07 |
| AMTM Amentum Holdings Inc. | Reduce -58.2% | 0.07% | −0.07 |
| ABT Abbott Laboratories | Reduce -53.8% | 0.05% | −0.07 |
| VBTX Veritex Holdings Inc. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q3 2025 → Q4 2025
| IWM iShares Russell 2000 ETF | Add +5705.0% | 1.56% | +1.53 |
| CF CF Industries Holdings Inc. | Add +983.2% | 0.63% | +0.56 |
| GD General Dynamics Corp. | New | 0.55% | +0.55 |
| MU Micron Technology Inc. | New | 0.52% | +0.52 |
| EIX Edison International | New | 0.43% | +0.43 |
| DAL Delta Air Lines Inc. | Add +20.2% | 1.19% | +0.36 |
| NUE Nucor Corp. | Add +53.7% | 0.75% | +0.33 |
| SYF Synchrony Financial | Add +16.4% | 1.19% | +0.30 |
| LNC Lincoln National Corp. | Add +58.2% | 0.64% | +0.26 |
| USB US Bancorp | Add +8.6% | 1.65% | +0.24 |
| C Citigroup Inc. | Add +8.7% | 1.26% | +0.22 |
| SPG Simon Property Group Inc. | Add +45.7% | 0.75% | +0.21 |
| HIG Hartford Insurance Group Inc. | Add +15.6% | 1.46% | +0.21 |
| NTCT Netscout Systems Inc. | New | 0.18% | +0.18 |
| CSCO Cisco Systems Inc. | Add +4.2% | 1.39% | +0.17 |
| CAT Caterpillar Inc. | Add +0.8% | 1.14% | +0.17 |
| JNJ Johnson & Johnson | Add +3.8% | 1.44% | +0.17 |
| DG Dollar General Corp. | Add +11.8% | 0.55% | +0.16 |
| QCOM Qualcomm Inc. | Add +16.6% | 1.09% | +0.16 |
| BNY Bank of New York Mellon Corp. | Add +11.1% | 1.16% | +0.15 |
| ZM Zoom Communications Inc. | Add +30.9% | 0.61% | +0.15 |
| LLY Eli Lilly & Co. | Add +19.7% | 0.38% | +0.15 |
| BAND Bandwidth Inc. Class A | New | 0.15% | +0.15 |
| VXUS Vanguard Total Intl Stock | Add +42.4% | 0.48% | +0.14 |
| VTWO Vanguard Russell 2000 ETF | Add +17.1% | 0.98% | +0.14 |
| MTX Minerals Technologies Inc. | Add +82.3% | 0.32% | +0.13 |
| EVER Everquote Inc. Class A | New | 0.13% | +0.13 |
| AMP Ameriprise Financial Inc. | Add +20.5% | 0.86% | +0.13 |
| PFE Pfizer Inc. | Add +31.5% | 0.60% | +0.12 |
| CXW Corecivic Inc. | New | 0.12% | +0.12 |
| ALG Alamo Group Inc. | New | 0.11% | +0.11 |
| ALGT Allegiant Travel Co. | New | 0.11% | +0.11 |
| DNOW Dnow Inc. | Add +96.4% | 0.26% | +0.10 |
| IBM Intl Business Machines Corp. | Add +8.6% | 1.00% | +0.10 |
| VEA Vanguard Ftse Developed ETF | Add +21.2% | 0.52% | +0.10 |
| ABX Abacus Global Management Inc. | Add +10.7% | 0.24% | +0.09 |
| WPC WP Carey Inc. | Add +32.1% | 0.49% | +0.09 |
| GOLD Gold.com Inc. | New | 0.09% | +0.09 |
| NVDA Nvidia Corp. | Add +11.0% | 1.11% | +0.08 |
| EFV iShares MSCI Eafe Value ETF | Add +26.4% | 0.35% | +0.08 |
| GPOR Gulfport Energy Corp. | Add +44.8% | 0.19% | +0.07 |
| APTV Aptiv PLC | Add +32.1% | 0.61% | +0.07 |
| IDT Idt Corp. Class B | Add +107.4% | 0.14% | +0.07 |
| GEV GE Vernova Inc. | New | 0.07% | +0.07 |
| SHEL Shell PLC-ADR | Add +8.5% | 0.81% | +0.06 |
| UBER Uber Technologies Inc. | New | 0.06% | +0.06 |
| SGHC Super Group SGHC Ltd. | New | 0.06% | +0.06 |
| VICI Vici Properties Inc. | Add +36.4% | 0.46% | +0.06 |
| ATKR Atkore Inc. | New | 0.06% | +0.06 |
| SNCY Sun Country Airlines Holding | Add +11.9% | 0.22% | +0.06 |
Notes & Other Activity Q3 2025 → Q4 2025
| STATE STREET CORP (STT V5.35 PERP G) | Common Stock | Sold out | 10,100 | $235Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 406 | $4.7B | AAPL, NVDA, AMZN, SPY, GOOGL |
| Q1 2026 | 407 | $4.1B | NVDA, AAPL, MSFT, QQQ, VUG |
| Q4 2025 | 399 | $3.7B | QQQ, VUG, SPY, VTV, GOOG |
| Q3 2025 | 401 | $3.6B | QQQ, SPY, VUG, VTV, GOOG |
| Q2 2025 | 375 | $3.4B | QQQ, SPY, VUG, VTV, JPM |
| Q1 2025 | 122 | $1.8B | VUG, SPY, QQQ, VTV, ORSIX |
| Q4 2024Amended | 123 | $2.1B | VUG, QQQ, SPY, VTV, ORSIX |
| Q3 2024 | 119 | $1.5B | QQQ, VUG, SPY, VTV, ORSIX |
| Q2 2024 | 123 | $1.4B | QQQ, SPY, VUG, ORSIX, VTV |
| Q1 2024 | 131 | $1.5B | QQQ, SPY, VUG, ORSIX, VTV |