Exchange Bank
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 9, 2026), Exchange Bank reported 130 stock positions worth $160.6 million. Its top holding was Apple (AAPL) at 5.1% of the portfolio, followed by Caterpillar (CAT, 5.0%) and Johnson & Johnson (JNJ, 4.2%). Compared with Q1 2026, it opened 15 new positions, sold out of 3, added to 33 and reduced 45. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +20%) and the biggest sale Chevron (CVX, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- SANTA ROSA, CA
- CIK
- 0002001155
- Portfolio Value
- $160.6M (Q2 2026)
- SEC Filing
- 0002001155-26-000003 ↗ filed Jul 9, 2026
Holdings Value
Holdings 130 stocks · $160.6M
| AAPL Apple Inc. | 5.08% | 28,198 | $8.2M | Reduce -1.2% |
| CAT Caterpillar Inc. | 4.95% | 7,472 | $8.0M | No change |
| JNJ Johnson & Johnson | 4.24% | 26,800 | $6.8M | Reduce -3.0% |
| VTI VG Morningstar TS MKT ETF-US | 3.08% | 13,366 | $4.9M | Add +19.9% |
| MUB iShares National Muni Bond E | 2.87% | 42,838 | $4.6M | Reduce -16.8% |
| AGG iShares Core U.S. Aggregate | 2.28% | 37,018 | $3.7M | Reduce -1.1% |
| CVX Chevron Corp. | 2.28% | 22,089 | $3.7M | Reduce -1.7% |
| MSFT Microsoft Corp. | 2.24% | 9,663 | $3.6M | Reduce -2.8% |
| JPM JPMorgan Chase & Co. | 2.21% | 10,858 | $3.6M | Reduce -1.9% |
| GOOGL Alphabet Inc. Class A | 2.21% | 9,938 | $3.6M | Add +2.4% |
| PG The Procter & Gamble Co. | 2.12% | 23,182 | $3.4M | Reduce -1.5% |
| BND Vanguard Total Bond Market | 2.11% | 46,131 | $3.4M | Add +4.4% |
| XOM Exxon Mobil Corp. | 2.06% | 24,235 | $3.3M | Add +0.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.01% | 11,483 | $3.2M | Reduce -1.0% |
| WMT Walmart Inc. | 2.00% | 28,340 | $3.2M | Reduce -3.5% |
| UNP Union Pacific Corp. | 1.59% | 9,366 | $2.5M | No change |
| IJH iShares Core S&P Midcap ETF | 1.58% | 32,861 | $2.5M | Reduce -0.2% |
| KO The Coca-Cola Co. | 1.57% | 30,981 | $2.5M | Add +2.5% |
| NVDA Nvidia Corp. | 1.54% | 12,374 | $2.5M | Reduce -3.4% |
| GOOG Alphabet Inc. Class C | 1.41% | 6,396 | $2.3M | Reduce -1.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.40% | 3 | $2.2M | No change |
| VEA Vanguard Ftse Developed ETF | 1.38% | 31,223 | $2.2M | Add +48.2% |
| SCHB Schwab US Broad Market ETF | 1.36% | 75,676 | $2.2M | Reduce -1.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.33% | 27,115 | $2.1M | Add +40.5% |
| TXN Texas Instruments Inc. | 1.26% | 6,779 | $2.0M | No change |
| VWO Vanguard Ftse Emerging Marke | 1.16% | 31,175 | $1.9M | Add +28.9% |
| MRK Merck & Co. Inc. | 1.15% | 14,357 | $1.8M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 1.14% | 7,695 | $1.8M | Add +6.0% |
| PM Philip Morris International | 1.13% | 10,013 | $1.8M | Reduce -5.5% |
| IAGG iShares Intl Aggregate Bond | 1.09% | 34,486 | $1.7M | Add +21.2% |
| BMY Bristol-Myers Squibb Co. | 1.05% | 29,306 | $1.7M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.03% | 2,214 | $1.7M | Reduce -22.8% |
| NSC Norfolk Southern Corp. | 0.99% | 5,076 | $1.6M | Reduce -3.4% |
| GE General Electric filed as GE AEROSPACE | 0.89% | 3,819 | $1.4M | Reduce -3.2% |
| LLY Eli Lilly & Co. | 0.81% | 1,091 | $1.3M | Add +4.9% |
| TGT Target Corp. | 0.81% | 10,018 | $1.3M | Reduce -3.8% |
| ADP Automatic Data Processing | 0.79% | 5,689 | $1.3M | Reduce -1.9% |
| GL Globe Life Inc. | 0.75% | 6,750 | $1.2M | No change |
| NEE Nextera Energy Inc. | 0.75% | 13,687 | $1.2M | Reduce -0.4% |
| SPHY SS SPDR P High Yield ETF | 0.74% | 50,395 | $1.2M | Add +32.2% |
| GEV GE Vernova Inc. | 0.70% | 956 | $1.1M | Reduce -3.1% |
| BNY Bank of New York Mellon Corp. | 0.66% | 7,354 | $1.1M | Reduce -2.7% |
| ABBV Abbvie Inc. | 0.65% | 4,145 | $1.0M | Add +91.0% |
| MRSH Marsh & McLennan Cos | 0.64% | 6,164 | $1.0M | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.63% | 19,274 | $1.0M | No change |
| QUAL iShares MSCI USA Quality Fac | 0.62% | 4,519 | $992K | Add +56.6% |
| CSCO Cisco Systems Inc. | 0.61% | 8,325 | $978K | Add +1.7% |
| MO Altria Group Inc. | 0.60% | 13,297 | $957K | Reduce -1.8% |
| HD Home Depot Inc. | 0.59% | 2,686 | $947K | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.58% | 2,482 | $938K | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 1,830 | $916K | Add +4.5% |
| IJR iShares Core S&P Small-Cap E | 0.55% | 5,915 | $877K | Reduce -0.4% |
| AXP American Express Co. | 0.54% | 2,568 | $869K | No change |
| AVDV Avantis Intl S/C Value ETF | 0.54% | 8,379 | $863K | Add +13.1% |
| IAU iShares Gold Trust | 0.53% | 11,283 | $852K | Reduce -3.4% |
| FDX FedEx Corp. | 0.53% | 2,703 | $846K | No change |
| ORCL Oracle Corp. | 0.52% | 5,733 | $840K | No change |
| V Visa Inc. Class A | 0.51% | 2,409 | $827K | No change |
| EFA iShares MSCI Eafe ETF | 0.51% | 7,941 | $825K | Reduce -3.5% |
| SUB iShares Short-Term National | 0.49% | 7,395 | $787K | Reduce -28.6% |
| VYM Vanguard High DVD Yield ETF | 0.49% | 4,967 | $785K | Add +61.0% |
| COST Costco Wholesale Corp. | 0.48% | 826 | $773K | Reduce -0.5% |
| IVV iShares Core S&P 500 ETF | 0.45% | 969 | $726K | Reduce -12.2% |
| META Meta Platforms Inc. Class A | 0.44% | 1,267 | $714K | Add +0.4% |
| FALN iShares Fallen Angels ETF | 0.42% | 24,979 | $680K | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.42% | 2,791 | $678K | Add +21.7% |
| VOO Vanguard S&P 500 ETF | 0.42% | 985 | $677K | Reduce -0.5% |
| HBAN Huntington Bancshares Inc. | 0.42% | 38,024 | $674K | No change |
| MCD McDonald's Corp. | 0.41% | 2,457 | $664K | Reduce -6.0% |
| PEP Pepsico Inc. | 0.40% | 4,778 | $647K | Reduce -0.4% |
| MA Mastercard Inc. Class A | 0.40% | 1,256 | $645K | Add +5.2% |
| PAVE Global X US Infrastructure | 0.40% | 10,894 | $642K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.39% | 1,314 | $628K | Add +4.8% |
| MDLZ Mondelez International Inc. Class A | 0.38% | 10,578 | $612K | Reduce -0.2% |
| RTX RTX Corp. | 0.37% | 3,164 | $600K | No change |
| LRCX Lam Research Corp. | 0.37% | 1,372 | $595K | Add +0.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.36% | 6,000 | $579K | Reduce -1.6% |
| SUSB iShares ESG Aware 1-5 Year U | 0.36% | 22,826 | $570K | No change |
| BA The Boeing Co. | 0.35% | 2,597 | $562K | Reduce -13.7% |
| PFE Pfizer Inc. | 0.35% | 23,020 | $554K | Reduce -8.9% |
| EMR Emerson Electric Co. | 0.34% | 3,857 | $552K | Reduce -0.3% |
| MU Micron Technology Inc. | 0.34% | 476 | $549K | New |
| MMM 3M Co. | 0.34% | 3,368 | $545K | Reduce -0.3% |
| LOW Lowe's Cos Inc. | 0.32% | 2,320 | $512K | No change |
| ITW Illinois Tool Works | 0.30% | 1,767 | $478K | Reduce -8.5% |
| IWM iShares Russell 2000 ETF | 0.29% | 1,576 | $474K | No change |
| A Agilent Technologies Inc. | 0.28% | 3,404 | $452K | No change |
| BDX Becton Dickinson and Co. | 0.27% | 2,837 | $429K | No change |
| HON Honeywell International Inc. | 0.26% | 1,881 | $420K | Add +0.7% |
| BLK BlackRock Inc. | 0.26% | 436 | $419K | Add +0.5% |
| HONA Honeywell Aerospace Inc. | 0.26% | 1,881 | $415K | Add +0.7% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.25% | 7,672 | $408K | No change |
| APH Amphenol Corp. Class A | 0.25% | 2,238 | $395K | No change |
| DUK Duke Energy Corp. | 0.24% | 3,045 | $385K | No change |
| CSX CSX Corp. | 0.23% | 7,820 | $372K | No change |
| CL Colgate-Palmolive Co. | 0.23% | 3,947 | $362K | New |
| NTRS Northern Trust Corp. | 0.22% | 2,000 | $348K | No change |
| BAC Bank of America Corp. | 0.21% | 5,830 | $332K | New |
| BKNG Booking Holdings Inc. | 0.21% | 1,850 | $330K | No change |
| INTC Intel Corp. | 0.20% | 2,318 | $324K | New |
Portfolio Sells Q1 2026 → Q2 2026
| CVX Chevron Corp. | Reduce -1.7% | 2.28% | −0.94 |
| MUB iShares National Muni Bond E | Reduce -16.8% | 2.87% | −0.92 |
| WMT Walmart Inc. | Reduce -3.5% | 2.00% | −0.53 |
| JNJ Johnson & Johnson | Reduce -3.0% | 4.24% | −0.45 |
| MSFT Microsoft Corp. | Reduce -2.8% | 2.24% | −0.30 |
| AGG iShares Core U.S. Aggregate | Reduce -1.1% | 2.28% | −0.30 |
| SUB iShares Short-Term National | Reduce -28.6% | 0.49% | −0.27 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -22.8% | 1.03% | −0.26 |
| PG The Procter & Gamble Co. | Reduce -1.5% | 2.12% | −0.24 |
| IAU iShares Gold Trust | Reduce -3.4% | 0.53% | −0.18 |
| T AT&T Inc. | Sold out | 0.00% | −0.16 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.16 |
| MCD McDonald's Corp. | Reduce -6.0% | 0.41% | −0.15 |
| PFE Pfizer Inc. | Reduce -8.9% | 0.35% | −0.15 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.15 |
| NEE Nextera Energy Inc. | Reduce -0.4% | 0.75% | −0.14 |
| PEP Pepsico Inc. | Reduce -0.4% | 0.40% | −0.11 |
| NOC Northrop Grumman Corp. | Reduce -14.5% | 0.15% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -0.5% | 0.48% | −0.09 |
| PM Philip Morris International | Reduce -5.5% | 1.13% | −0.09 |
| BA The Boeing Co. | Reduce -13.7% | 0.35% | −0.06 |
| TGT Target Corp. | Reduce -3.8% | 0.81% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -0.6% | 1.15% | −0.06 |
| NSC Norfolk Southern Corp. | Reduce -3.4% | 0.99% | −0.05 |
| ITW Illinois Tool Works | Reduce -8.5% | 0.30% | −0.05 |
| IVV iShares Core S&P 500 ETF | Reduce -12.2% | 0.45% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -1.9% | 2.21% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.2% | 0.38% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -3.5% | 0.51% | −0.04 |
| MDT Medtronic PLC | Reduce -0.5% | 0.14% | −0.03 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.6% | 0.36% | −0.03 |
| MO Altria Group Inc. | Reduce -1.8% | 0.60% | −0.02 |
| ADP Automatic Data Processing | Reduce -1.9% | 0.79% | −0.02 |
| HD Home Depot Inc. | Reduce -0.1% | 0.59% | −0.02 |
| COF Capital One Financial Corp. | Reduce -7.6% | 0.13% | −0.01 |
| EMR Emerson Electric Co. | Reduce -0.3% | 0.34% | −0.01 |
| NVDA Nvidia Corp. | Reduce -3.4% | 1.54% | −0.01 |
| MMM 3M Co. | Reduce -0.3% | 0.34% | −0.00 |
| VOO Vanguard S&P 500 ETF | Reduce -0.5% | 0.42% | +0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -1.1% | 1.36% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.4% | 0.55% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.2% | 1.58% | +0.04 |
| BNY Bank of New York Mellon Corp. | Reduce -2.7% | 0.66% | +0.04 |
| AAPL Apple Inc. | Reduce -1.2% | 5.08% | +0.06 |
| IBM Intl Business Machines Corp. | Reduce -1.0% | 2.01% | +0.06 |
| GEV GE Vernova Inc. | Reduce -3.1% | 0.70% | +0.10 |
| GOOG Alphabet Inc. Class C | Reduce -1.7% | 1.41% | +0.11 |
| GE General Electric | Reduce -3.2% | 0.89% | +0.11 |
Portfolio Buys Q1 2026 → Q2 2026
| VTI VG Morningstar TS MKT ETF-US | Add +19.9% | 3.08% | +0.60 |
| VEA Vanguard Ftse Developed ETF | Add +48.2% | 1.38% | +0.45 |
| MU Micron Technology Inc. | New | 0.34% | +0.34 |
| ABBV Abbvie Inc. | Add +91.0% | 0.65% | +0.32 |
| GOOGL Alphabet Inc. Class A | Add +2.4% | 2.21% | +0.28 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +40.5% | 1.33% | +0.27 |
| VWO Vanguard Ftse Emerging Marke | Add +28.9% | 1.16% | +0.25 |
| QUAL iShares MSCI USA Quality Fac | Add +56.6% | 0.62% | +0.23 |
| CL Colgate-Palmolive Co. | New | 0.23% | +0.23 |
| BAC Bank of America Corp. | New | 0.21% | +0.21 |
| INTC Intel Corp. | New | 0.20% | +0.20 |
| VYM Vanguard High DVD Yield ETF | Add +61.0% | 0.49% | +0.17 |
| CSCO Cisco Systems Inc. | Add +1.7% | 0.61% | +0.17 |
| ABT Abbott Laboratories | New | 0.17% | +0.17 |
| LRCX Lam Research Corp. | Add +0.1% | 0.37% | +0.17 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.15% | +0.15 |
| LLY Eli Lilly & Co. | Add +4.9% | 0.81% | +0.15 |
| AMD Advanced Micro Devices | New | 0.15% | +0.15 |
| ETN Eaton Corp. PLC | New | 0.15% | +0.15 |
| QCOM Qualcomm Inc. | New | 0.14% | +0.14 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.14% | +0.14 |
| DE Deere & Co. | New | 0.13% | +0.13 |
| GPC Genuine Parts Co. | New | 0.13% | +0.13 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.13% | +0.13 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.13% | +0.13 |
| UNH Unitedhealth Group Inc. | New | 0.12% | +0.12 |
| SPHY SS SPDR P High Yield ETF | Add +32.2% | 0.74% | +0.12 |
| IAGG iShares Intl Aggregate Bond | Add +21.2% | 1.09% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.8% | 0.39% | +0.10 |
| AMZN Amazon.com Inc. | Add +6.0% | 1.14% | +0.09 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +21.7% | 0.42% | +0.08 |
| AVGO Broadcom Inc. | Add +0.0% | 0.58% | +0.05 |
| AVDV Avantis Intl S/C Value ETF | Add +13.1% | 0.54% | +0.02 |
| LIN Linde PLC | Add +21.1% | 0.17% | +0.02 |
| TSLA Tesla Inc. | Add +0.3% | 0.17% | +0.00 |
| ES Eversource Energy | Add +0.2% | 0.13% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.5% | 0.57% | −0.01 |
| MA Mastercard Inc. Class A | Add +5.2% | 0.40% | −0.01 |
| DIS The Walt Disney Co. | Add +0.5% | 0.20% | −0.02 |
| KO The Coca-Cola Co. | Add +2.5% | 1.57% | −0.03 |
| HONA Honeywell Aerospace Inc. | Add +0.7% | 0.26% | −0.03 |
| BLK BlackRock Inc. | Add +0.5% | 0.26% | −0.03 |
| LMT Lockheed Martin Corp. | Add +2.8% | 0.17% | −0.05 |
| META Meta Platforms Inc. Class A | Add +0.4% | 0.44% | −0.06 |
| NFLX Netflix Inc. | Add +0.2% | 0.19% | −0.09 |
| BND Vanguard Total Bond Market | Add +4.4% | 2.11% | −0.15 |
| HON Honeywell International Inc. | Add +0.7% | 0.26% | −0.32 |
| XOM Exxon Mobil Corp. | Add +0.4% | 2.06% | −0.78 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 130 | $160.6M | AAPL, CAT, JNJ, VTI, MUB |
| Q1 2026 | 117 | $144.3M | AAPL, JNJ, MUB, CAT, CVX |
| Q4 2025 | 121 | $144.6M | AAPL, JNJ, MUB, MSFT, CAT |
| Q3 2025 | 124 | $144.1M | AAPL, JNJ, MUB, MSFT, VTI |
| Q2 2025 | 120 | $126.4M | AAPL, MUB, MSFT, JNJ, VTI |
| Q1 2025 | 113 | $124.0M | MUB, AAPL, JNJ, AGG, PG |
| Q4 2024 | 112 | $124.4M | AAPL, MUB, MSFT, AGG, VTI |
| Q3 2024 | 114 | $122.3M | AAPL, JNJ, MSFT, PG, MUB |
| Q2 2024 | 109 | $117.7M | AGG, AAPL, MSFT, MUB, JNJ |
| Q1 2024 | 114 | $121.7M | AGG, MUB, AAPL, MSFT, JNJ |