LCNB Corp.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), LCNB Corp. reported 185 stock positions worth $271.6 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 6.3% of the portfolio, followed by Procter & Gamble (PG, 5.1%) and Schwab US Large-Cap Growth (SCHG, 4.7%). Compared with Q4 2024, it opened 8 new positions, sold out of 2, added to 71 and reduced 54. The biggest buy was a new position in Invesco S&P 500 Downside Hed (PHDG) and the biggest sale Invesco S&P 500 Equal Weight (RSP, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- LEBANON, OH
- CIK
- 0001074902
- Portfolio Value
- $271.6M (Q1 2025)
- SEC Filing
- 0001074902-25-000020 ↗ filed May 12, 2025
Holdings Value
Holdings 185 stocks · $271.6M
| IEFA iShares Core MSCI Eafe ETF | 6.28% | 225,606 | $17.1M | Add +1.1% |
| PG The Procter & Gamble Co. | 5.11% | 81,458 | $13.9M | Add +1.4% |
| SCHG Schwab US Large-Cap Growth | 4.69% | 509,116 | $12.7M | Reduce -3.6% |
| SCHV Schwab US Large-Cap Value | 4.67% | 477,173 | $12.7M | Add +0.8% |
| MSFT Microsoft Corp. | 3.47% | 25,075 | $9.4M | Add +5.2% |
| LCNB LCNB Corporation | 2.74% | 504,062 | $7.5M | Reduce -0.1% |
| AAPL Apple Inc. | 2.64% | 32,335 | $7.2M | Reduce -2.1% |
| IWV iShares Russell 3000 ETF | 2.60% | 22,258 | $7.1M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.06% | 10,009 | $5.6M | Reduce -0.7% |
| PHDG Invesco S&P 500 Downside Hed | 1.69% | 125,924 | $4.6M | New |
| DOCT FT Vest U.S. Equity Deep Buf | 1.61% | 114,284 | $4.4M | Add +0.5% |
| ITOT iShares Core S&P Total U.S. | 1.51% | 33,650 | $4.1M | No change |
| NVDA Nvidia Corp. | 1.46% | 36,580 | $4.0M | Reduce -1.8% |
| AVGO Broadcom Inc. | 1.37% | 22,280 | $3.7M | Reduce -3.0% |
| CVX Chevron Corp. | 1.34% | 21,817 | $3.6M | Add +4.0% |
| GOOG Alphabet Inc. Class C | 1.31% | 22,716 | $3.5M | Reduce -0.6% |
| RSP Invesco S&P 500 Equal Weight | 1.29% | 20,159 | $3.5M | Reduce -57.8% |
| CINF Cincinnati Financial Corp. | 1.27% | 23,425 | $3.5M | Reduce -2.2% |
| GOOGL Alphabet Inc. Class A | 1.21% | 21,286 | $3.3M | Reduce -2.1% |
| FTLS First Trust Long/Short Eqty | 1.17% | 49,485 | $3.2M | Add +13.8% |
| JPM JPMorgan Chase & Co. | 1.11% | 12,265 | $3.0M | Add +1.9% |
| INDA iShares MSCI India ETF | 1.04% | 54,998 | $2.8M | Add +1.4% |
| USB US Bancorp | 0.98% | 63,155 | $2.7M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.95% | 28,730 | $2.6M | Add +44.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.95% | 4,828 | $2.6M | Add +6.2% |
| DAPR FT Vest U.S. Equity Deep Buf | 0.95% | 69,060 | $2.6M | Add +5.5% |
| XLK SS Technology Select Sector | 0.92% | 12,140 | $2.5M | Add +3.0% |
| PEP Pepsico Inc. | 0.90% | 16,334 | $2.4M | Add +7.8% |
| AGG iShares Core U.S. Aggregate | 0.86% | 23,623 | $2.3M | No change |
| XOM Exxon Mobil Corp. | 0.85% | 19,525 | $2.3M | Add +13.3% |
| JNJ Johnson & Johnson | 0.81% | 13,188 | $2.2M | Reduce -5.0% |
| AMGN Amgen Inc. | 0.80% | 7,015 | $2.2M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 0.80% | 11,463 | $2.2M | Reduce -1.3% |
| LOW Lowe's Cos Inc. | 0.78% | 9,096 | $2.1M | Reduce -2.5% |
| ABT Abbott Laboratories | 0.78% | 15,917 | $2.1M | Add +0.5% |
| IJH iShares Core S&P Midcap ETF | 0.73% | 34,130 | $2.0M | Add +8.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.72% | 16,101 | $2.0M | Add +3.0% |
| DTD Wisdomtree US Total Dividend | 0.71% | 24,967 | $1.9M | Reduce -0.6% |
| IWR iShares Russell Mid-Cap ETF | 0.70% | 22,501 | $1.9M | Reduce -0.3% |
| ADP Automatic Data Processing | 0.63% | 5,593 | $1.7M | Add +14.3% |
| GLD SPDR Gold Shares | 0.62% | 5,832 | $1.7M | No change |
| MCD McDonald's Corp. | 0.59% | 5,112 | $1.6M | Add +0.7% |
| ABBV Abbvie Inc. | 0.58% | 7,482 | $1.6M | Add +2.5% |
| LLY Eli Lilly & Co. | 0.57% | 1,868 | $1.5M | Reduce -6.9% |
| ACN Accenture PLC Class A | 0.55% | 4,807 | $1.5M | Add +22.1% |
| LRCX Lam Research Corp. | 0.55% | 20,380 | $1.5M | Reduce -0.5% |
| HSY The Hershey Co. | 0.54% | 8,618 | $1.5M | No change |
| IVV iShares Core S&P 500 ETF | 0.53% | 2,559 | $1.4M | Add +1.1% |
| DUK Duke Energy Corp. | 0.52% | 11,552 | $1.4M | Add +1.0% |
| WMT Walmart Inc. | 0.50% | 15,400 | $1.4M | Add +0.8% |
| HD Home Depot Inc. | 0.49% | 3,640 | $1.3M | Add +31.2% |
| FDX FedEx Corp. | 0.49% | 5,468 | $1.3M | Reduce -3.0% |
| VOO Vanguard S&P 500 ETF | 0.48% | 2,540 | $1.3M | Add +46.0% |
| IJR iShares Core S&P Small-Cap E | 0.47% | 12,307 | $1.3M | Reduce -2.1% |
| GVI iShares Intermediate Governm | 0.47% | 12,000 | $1.3M | No change |
| VGIT Vanguard Intermediate-Term T | 0.47% | 21,326 | $1.3M | No change |
| DE Deere & Co. | 0.45% | 2,617 | $1.2M | Add +4.0% |
| KR Kroger Co. | 0.45% | 17,991 | $1.2M | Reduce -0.0% |
| XLV SS Health Care Select Sector | 0.44% | 8,130 | $1.2M | No change |
| ETN Eaton Corp. PLC | 0.43% | 4,331 | $1.2M | Reduce -3.0% |
| MA Mastercard Inc. Class A | 0.43% | 2,141 | $1.2M | Reduce -3.4% |
| CB Chubb Ltd. | 0.40% | 3,635 | $1.1M | Add +3.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.39% | 4,311 | $1.1M | Add +34.2% |
| CSCO Cisco Systems Inc. | 0.39% | 17,204 | $1.1M | Add +0.9% |
| SCHP Schwab U.S. Tips ETF | 0.39% | 39,362 | $1.1M | No change |
| NVS Novartis AG-Sponsored ADR | 0.39% | 9,396 | $1.0M | Reduce -1.9% |
| KO The Coca-Cola Co. | 0.38% | 14,528 | $1.0M | Add +5.0% |
| IWM iShares Russell 2000 ETF | 0.38% | 5,187 | $1.0M | Reduce -1.0% |
| LMT Lockheed Martin Corp. | 0.38% | 2,307 | $1.0M | Reduce -1.1% |
| EMR Emerson Electric Co. | 0.38% | 9,312 | $1.0M | Add +2.1% |
| SBUX Starbucks Corp. | 0.38% | 10,388 | $1.0M | Add +2.2% |
| HON Honeywell International Inc. | 0.35% | 4,544 | $962K | Reduce -0.4% |
| RTX RTX Corp. | 0.35% | 7,117 | $943K | Add +1.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.34% | 1,960 | $919K | No change |
| BX Blackstone Inc. | 0.33% | 6,473 | $905K | Add +2.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.33% | 8,973 | $886K | Add +2.0% |
| MDY State Street SPDR S&P Midcap | 0.33% | 1,655 | $883K | Reduce -2.4% |
| VGSH Vanguard Short-Term Treasury | 0.32% | 15,000 | $880K | No change |
| GPK Graphic Packaging Holding Co. | 0.32% | 33,229 | $863K | Reduce -1.4% |
| EFA iShares MSCI Eafe ETF | 0.32% | 10,552 | $862K | No change |
| GLW Corning Inc. | 0.31% | 18,495 | $847K | Reduce -1.9% |
| TLT iShares 20+ Year Treasury BD | 0.30% | 8,900 | $810K | No change |
| LIN Linde PLC | 0.28% | 1,650 | $768K | Reduce -1.2% |
| CTAS Cintas Corp. | 0.28% | 3,700 | $760K | Reduce -1.6% |
| ORCL Oracle Corp. | 0.27% | 5,263 | $736K | Reduce -3.1% |
| ITW Illinois Tool Works | 0.27% | 2,941 | $729K | Add +6.2% |
| BDX Becton Dickinson and Co. | 0.26% | 3,120 | $715K | Add +4.2% |
| NEE Nextera Energy Inc. | 0.26% | 10,051 | $713K | Add +10.3% |
| CAH Cardinal Health Inc. | 0.26% | 5,160 | $711K | No change |
| ADI Analog Devices Inc. | 0.26% | 3,516 | $709K | Add +0.9% |
| MDT Medtronic PLC | 0.26% | 7,713 | $693K | Add +2.6% |
| VEA Vanguard Ftse Developed ETF | 0.24% | 12,885 | $655K | Add +42.6% |
| CAT Caterpillar Inc. | 0.24% | 1,951 | $643K | Reduce -1.3% |
| SCHD Schwab US DVD Equity ETF | 0.23% | 22,485 | $629K | Add +1.5% |
| MDLZ Mondelez International Inc. Class A | 0.23% | 9,247 | $627K | No change |
| ENB Enbridge Inc. | 0.23% | 14,141 | $627K | Add +3.4% |
| FITB Fifth Third Bancorp | 0.23% | 15,823 | $620K | Reduce -1.7% |
| MMM 3M Co. | 0.22% | 4,131 | $607K | Add +10.0% |
| PRU Prudential Financial Inc. | 0.21% | 5,214 | $582K | No change |
| SO The Southern Co. | 0.21% | 6,295 | $579K | Add +4.6% |
Portfolio Sells Q4 2024 → Q1 2025
| RSP Invesco S&P 500 Equal Weight | Reduce -57.8% | 1.29% | −1.76 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.6% | 4.69% | −0.67 |
| AVGO Broadcom Inc. | Reduce -3.0% | 1.37% | −0.57 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.42 |
| AAPL Apple Inc. | Reduce -2.1% | 2.64% | −0.37 |
| NVDA Nvidia Corp. | Reduce -1.8% | 1.46% | −0.36 |
| GOOGL Alphabet Inc. Class A | Reduce -2.1% | 1.21% | −0.29 |
| GOOG Alphabet Inc. Class C | Reduce -0.6% | 1.31% | −0.28 |
| PFE Pfizer Inc. | Reduce -66.6% | 0.12% | −0.26 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 0.80% | −0.13 |
| IWV iShares Russell 3000 ETF | Reduce -0.1% | 2.60% | −0.11 |
| ETN Eaton Corp. PLC | Reduce -3.0% | 0.43% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.7% | 2.06% | −0.09 |
| FDX FedEx Corp. | Reduce -3.0% | 0.49% | −0.09 |
| FDS Factset Research Systems Inc. | Sold out | 0.00% | −0.08 |
| ORCL Oracle Corp. | Reduce -3.1% | 0.27% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -2.5% | 0.78% | −0.06 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.1% | 0.47% | −0.05 |
| NKE Nike Inc. Class B | Reduce -6.8% | 0.20% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -1.0% | 0.38% | −0.04 |
| LCNB LCNB Corporation | Reduce -0.1% | 2.74% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -1.1% | 0.38% | −0.03 |
| MDY State Street SPDR S&P Midcap | Reduce -2.4% | 0.33% | −0.03 |
| CAT Caterpillar Inc. | Reduce -1.3% | 0.24% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.3% | 0.70% | −0.02 |
| HON Honeywell International Inc. | Reduce -0.4% | 0.35% | −0.02 |
| AXP American Express Co. | Reduce -3.7% | 0.15% | −0.02 |
| FITB Fifth Third Bancorp | Reduce -1.7% | 0.23% | −0.02 |
| BA The Boeing Co. | Reduce -6.0% | 0.20% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -1.9% | 0.14% | −0.02 |
| UPS United Parcel Service Class B | Reduce -2.6% | 0.10% | −0.02 |
| GPK Graphic Packaging Holding Co. | Reduce -1.4% | 0.32% | −0.02 |
| GLW Corning Inc. | Reduce -1.9% | 0.31% | −0.01 |
| NXPI NXP Semiconductors NV | Reduce -3.4% | 0.12% | −0.01 |
| GIS General Mills Inc. | Reduce -1.2% | 0.19% | −0.01 |
| JNPR Juniper Networks Inc. | Reduce -3.9% | 0.14% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -4.1% | 0.18% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -10.1% | 0.08% | −0.01 |
| IPG Interpublic Group of Cos Inc. | Reduce -3.8% | 0.08% | −0.00 |
| TSCO Tractor Supply Company | Reduce -4.8% | 0.10% | −0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -2.4% | 0.09% | +0.00 |
| LLY Eli Lilly & Co. | Reduce -6.9% | 0.57% | +0.00 |
| LRCX Lam Research Corp. | Reduce -0.5% | 0.55% | +0.01 |
| MA Mastercard Inc. Class A | Reduce -3.4% | 0.43% | +0.01 |
| FISV Fiserv Inc. | Reduce -2.0% | 0.13% | +0.01 |
| PSX Phillips 66 | Reduce -2.4% | 0.15% | +0.01 |
| INTC Intel Corp. | Reduce -6.9% | 0.17% | +0.01 |
| V Visa Inc. Class A | Reduce -1.1% | 0.12% | +0.01 |
| DTD Wisdomtree US Total Dividend | Reduce -0.6% | 0.71% | +0.01 |
| CINF Cincinnati Financial Corp. | Reduce -2.2% | 1.27% | +0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| PHDG Invesco S&P 500 Downside Hed | New | 1.69% | +1.69 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.1% | 6.28% | +0.56 |
| CVX Chevron Corp. | Add +4.0% | 1.34% | +0.24 |
| MRK Merck & Co. Inc. | Add +44.7% | 0.95% | +0.23 |
| PG The Procter & Gamble Co. | Add +1.4% | 5.11% | +0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +6.2% | 0.95% | +0.20 |
| XOM Exxon Mobil Corp. | Add +13.3% | 0.85% | +0.18 |
| SCHV Schwab US Large-Cap Value | Add +0.8% | 4.67% | +0.17 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.16% | +0.16 |
| VOO Vanguard S&P 500 ETF | Add +46.0% | 0.48% | +0.14 |
| IBM Intl Business Machines Corp. | Add +34.2% | 0.39% | +0.14 |
| UNP Union Pacific Corp. | New | 0.13% | +0.13 |
| ABT Abbott Laboratories | Add +0.5% | 0.78% | +0.12 |
| FTLS First Trust Long/Short Eqty | Add +13.8% | 1.17% | +0.12 |
| ADP Automatic Data Processing | Add +14.3% | 0.63% | +0.11 |
| ABBV Abbvie Inc. | Add +2.5% | 0.58% | +0.10 |
| SPIB SS SPDR P Int C Corp. ETF | New | 0.10% | +0.10 |
| HD Home Depot Inc. | Add +31.2% | 0.49% | +0.10 |
| GE General Electric | New | 0.09% | +0.09 |
| LEG Leggett & Platt Inc. | New | 0.09% | +0.09 |
| VEA Vanguard Ftse Developed ETF | Add +42.6% | 0.24% | +0.08 |
| AFL Aflac Inc. | New | 0.08% | +0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.07% | +0.07 |
| DUK Duke Energy Corp. | Add +1.0% | 0.52% | +0.07 |
| KO The Coca-Cola Co. | Add +5.0% | 0.38% | +0.07 |
| DE Deere & Co. | Add +4.0% | 0.45% | +0.06 |
| PEP Pepsico Inc. | Add +7.8% | 0.90% | +0.06 |
| DAPR FT Vest U.S. Equity Deep Buf | Add +5.5% | 0.95% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +1.9% | 1.11% | +0.06 |
| MCD McDonald's Corp. | Add +0.7% | 0.59% | +0.05 |
| CB Chubb Ltd. | Add +3.5% | 0.40% | +0.05 |
| RTX RTX Corp. | Add +1.2% | 0.35% | +0.05 |
| ACN Accenture PLC Class A | Add +22.1% | 0.55% | +0.05 |
| MMM 3M Co. | Add +10.0% | 0.22% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +49.6% | 0.12% | +0.04 |
| XLE SS Energy Select Sector | Add +14.4% | 0.20% | +0.04 |
| SBUX Starbucks Corp. | Add +2.2% | 0.38% | +0.04 |
| VZ Verizon Communications Inc. | Add +5.7% | 0.21% | +0.04 |
| MDT Medtronic PLC | Add +2.6% | 0.26% | +0.04 |
| TJX TJX Companies Inc. | Add +3.0% | 0.72% | +0.03 |
| SO The Southern Co. | Add +4.6% | 0.21% | +0.03 |
| NEE Nextera Energy Inc. | Add +10.3% | 0.26% | +0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +25.0% | 0.12% | +0.02 |
| CSCO Cisco Systems Inc. | Add +0.9% | 0.39% | +0.02 |
| EEM iShares MSCI Emerging Market | Add +15.7% | 0.11% | +0.02 |
| ENB Enbridge Inc. | Add +3.4% | 0.23% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +8.6% | 0.73% | +0.02 |
| CMCSA Comcast Corp. Class A | Add +14.7% | 0.15% | +0.02 |
| BDX Becton Dickinson and Co. | Add +4.2% | 0.26% | +0.02 |
| GD General Dynamics Corp. | Add +5.0% | 0.17% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 184 | $326.0M | IEFA, SCHV, SCHG, IWV, AAPL |
| Q1 2026 | 186 | $297.5M | IEFA, SCHV, SCHG, MSFT, AAPL |
| Q4 2025 | 189 | $298.5M | IEFA, SCHG, SCHV, MSFT, AAPL |
| Q3 2025 | 180 | $285.8M | SCHG, IEFA, SCHV, MSFT, PG |
| Q2 2025 | 181 | $284.2M | IEFA, SCHG, SCHV, MSFT, PG |
| Q1 2025 | 185 | $271.6M | IEFA, PG, SCHG, SCHV, MSFT |
| Q4 2024 | 179 | $274.3M | IEFA, SCHG, PG, SCHV, MSFT |
| Q3 2024 | 182 | $282.3M | IEFA, PG, SCHG, SCHV, MSFT |
| Q2 2024 | 173 | $267.7M | IEFA, SCHG, PG, SCHV, MSFT |
| Q1 2024 | 180 | $276.4M | IEFA, PG, SCHG, SCHV, MSFT |