Southern Michigan Bank & Trust
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 21, 2026), Southern Michigan Bank & Trust reported 422 stock positions worth $281.3 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 18.7% of the portfolio, followed by Schwab US Large-Cap Value (SCHV, 12.6%) and Vanguard Intermediate-Term B (BIV, 11.8%). Compared with Q1 2026, it opened 17 new positions, sold out of 21, added to 56 and reduced 80. The biggest buy was Schwab US Large-Cap Growth (SCHG, shares +1%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- COLDWATER, MI
- CIK
- 0001173227
- Portfolio Value
- $281.3M (Q2 2026)
- SEC Filing
- 0001140361-26-029087 ↗ filed Jul 21, 2026
Holdings Value
Holdings 422 stocks · $281.3M
| SCHG Schwab US Large-Cap Growth | 18.69% | 1,553,292 | $52.6M | Add +0.7% |
| SCHV Schwab US Large-Cap Value | 12.62% | 1,019,784 | $35.5M | Add +1.8% |
| BIV Vanguard Intermediate-Term B | 11.83% | 433,842 | $33.3M | Add +0.0% |
| GVI iShares Intermediate Governm | 10.63% | 281,916 | $29.9M | Add +0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 7.39% | 258,108 | $20.8M | Add +0.6% |
| SPSB SS SPDR P St C Corp. ETF | 3.61% | 338,691 | $10.2M | Add +0.3% |
| NVDA Nvidia Corp. | 2.51% | 35,262 | $7.1M | Add +3.4% |
| AAPL Apple Inc. | 2.42% | 23,496 | $6.8M | Reduce -0.3% |
| Armstrong Global Holding Inc. Series A | 1.70% | 47,852 | $4.8M | No change |
| GOOGL Alphabet Inc. Class A | 1.63% | 12,832 | $4.6M | Reduce -4.4% |
| CAT Caterpillar Inc. | 1.25% | 3,302 | $3.5M | Add +42.3% |
| AMZN Amazon.com Inc. | 1.09% | 12,854 | $3.1M | Reduce -1.0% |
| SDY SS SPDR S&P Dividend ETF | 0.92% | 16,921 | $2.6M | Reduce -2.1% |
| IWF iShares Russell 1000 Growth | 0.88% | 19,836 | $2.5M | Add +5.8% |
| ABBV Abbvie Inc. | 0.84% | 9,445 | $2.4M | Reduce -1.0% |
| MSFT Microsoft Corp. | 0.71% | 5,337 | $2.0M | Add +1.9% |
| GOOG Alphabet Inc. Class C | 0.69% | 5,483 | $1.9M | Reduce -0.4% |
| IWD iShares Russell 1000 Value E | 0.59% | 6,901 | $1.7M | Add +10.8% |
| V Visa Inc. Class A | 0.55% | 4,485 | $1.5M | Reduce -1.2% |
| AVGO Broadcom Inc. | 0.54% | 4,036 | $1.5M | Add +4.5% |
| JNJ Johnson & Johnson | 0.52% | 5,794 | $1.5M | Reduce -0.5% |
| COST Costco Wholesale Corp. | 0.51% | 1,521 | $1.4M | Reduce -4.9% |
| META Meta Platforms Inc. Class A | 0.46% | 2,272 | $1.3M | Add +6.7% |
| CSCO Cisco Systems Inc. | 0.40% | 9,642 | $1.1M | Reduce -0.8% |
| SYK Stryker Corp. | 0.37% | 3,314 | $1.0M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.37% | 7,053 | $1.0M | Reduce -1.6% |
| NSC Norfolk Southern Corp. | 0.36% | 3,249 | $1.0M | Reduce -0.1% |
| MU Micron Technology Inc. | 0.36% | 884 | $1.0M | Add +7.3% |
| DE Deere & Co. | 0.36% | 1,602 | $1.0M | Add +166.1% |
| MCD McDonald's Corp. | 0.34% | 3,556 | $961K | Reduce -3.7% |
| MA Mastercard Inc. Class A | 0.33% | 1,819 | $934K | Reduce -2.2% |
| HD Home Depot Inc. | 0.33% | 2,601 | $917K | Reduce -2.8% |
| SO The Southern Co. | 0.33% | 9,568 | $916K | Reduce -0.5% |
| UNP Union Pacific Corp. | 0.31% | 3,223 | $877K | No change |
| IJH iShares Core S&P Midcap ETF | 0.31% | 11,351 | $875K | No change |
| GD General Dynamics Corp. | 0.30% | 2,386 | $845K | Reduce -0.4% |
| AMAT Applied Materials Inc. | 0.29% | 1,146 | $829K | Add +7.1% |
| JPM JPMorgan Chase & Co. | 0.29% | 2,529 | $828K | Add +19.0% |
| LLY Eli Lilly & Co. | 0.27% | 640 | $768K | Reduce -31.3% |
| LRCX Lam Research Corp. | 0.27% | 1,751 | $759K | Add +6.9% |
| CIEN Ciena Corp. | 0.26% | 1,500 | $736K | No change |
| ABT Abbott Laboratories | 0.26% | 7,950 | $721K | Reduce -4.1% |
| MO Altria Group Inc. | 0.24% | 9,462 | $681K | Add +25.2% |
| WMT Walmart Inc. | 0.21% | 5,334 | $604K | No change |
| MRK Merck & Co. Inc. | 0.21% | 4,691 | $603K | Add +81.0% |
| ETN Eaton Corp. PLC | 0.20% | 1,297 | $553K | Reduce -28.4% |
| VNQ Vanguard Real Estate ETF | 0.19% | 5,676 | $547K | Reduce -52.2% |
| PM Philip Morris International | 0.19% | 2,879 | $521K | Reduce -2.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.18% | 10,127 | $512K | Reduce -39.0% |
| XOM Exxon Mobil Corp. | 0.18% | 3,722 | $509K | Reduce -3.9% |
| QCOM Qualcomm Inc. | 0.17% | 2,591 | $479K | Reduce -0.4% |
| IWM iShares Russell 2000 ETF | 0.16% | 1,472 | $442K | No change |
| SHW The Sherwin-Williams Co. | 0.15% | 1,262 | $435K | Reduce -4.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 815 | $408K | Add +47.4% |
| ADM Archer-Daniels-Midland Co. | 0.14% | 5,200 | $397K | Add +1200.0% |
| BKNG Booking Holdings Inc. | 0.14% | 2,185 | $389K | Add +0.5% |
| LMT Lockheed Martin Corp. | 0.14% | 761 | $388K | Reduce -0.1% |
| DON Wisdomtree US Midcap Dividen | 0.14% | 6,747 | $381K | Reduce -5.3% |
| PEP Pepsico Inc. | 0.13% | 2,792 | $378K | Reduce -18.6% |
| GLW Corning Inc. | 0.13% | 1,477 | $377K | Reduce -2.3% |
| DOV Dover Corp. | 0.13% | 1,674 | $375K | Reduce -7.6% |
| CNI Canadian Natl Railway Co. | 0.13% | 3,004 | $358K | Reduce -2.8% |
| NEE Nextera Energy Inc. | 0.13% | 4,027 | $353K | Reduce -0.4% |
| NOC Northrop Grumman Corp. | 0.12% | 654 | $333K | No change |
| RIO Rio Tinto PLC-Spon ADR | 0.12% | 3,507 | $333K | Add +50000.0% |
| BTI British American Tob-SP ADR | 0.11% | 5,100 | $315K | New |
| KR Kroger Co. | 0.11% | 5,470 | $304K | Reduce -3.5% |
| WMB Williams Cos Inc. | 0.11% | 3,985 | $296K | Reduce -1.2% |
| INTC Intel Corp. | 0.10% | 2,101 | $293K | Add +21.5% |
| AMP Ameriprise Financial Inc. | 0.10% | 625 | $287K | No change |
| COP Conocophillips | 0.09% | 2,552 | $265K | Reduce -10.7% |
| OEF iShares S&P 100 ETF | 0.09% | 707 | $259K | No change |
| RTX RTX Corp. | 0.09% | 1,355 | $257K | Reduce -5.2% |
| 27 Percent of Bracy & Jahr, Inc | 0.09% | 1 | $251K | No change |
| DES Wisdomtree US Smallcap Divid | 0.09% | 6,152 | $250K | Add +0.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.09% | 802 | $243K | No change |
| LHX L3HARRIS Technologies Inc. | 0.09% | 823 | $239K | No change |
| WSM Williams-Sonoma Inc. | 0.08% | 1,000 | $233K | No change |
| MCK McKesson Corp. | 0.08% | 300 | $227K | No change |
| CVS CVS Health Corp. | 0.08% | 2,148 | $222K | Reduce -3.5% |
| HON Honeywell International Inc. | 0.07% | 943 | $211K | No change |
| TSLA Tesla Inc. | 0.07% | 500 | $210K | Add +16.3% |
| HONA Honeywell Aerospace Inc. | 0.07% | 943 | $208K | No change |
| SBUX Starbucks Corp. | 0.07% | 2,036 | $208K | No change |
| DLR Digital Realty Trust Inc. | 0.07% | 1,135 | $204K | No change |
| WM Waste Management Inc. | 0.07% | 910 | $203K | No change |
| ENB Enbridge Inc. | 0.07% | 3,727 | $202K | No change |
| COF Capital One Financial Corp. | 0.07% | 1,004 | $201K | Reduce -2.7% |
| KLAC KLA Corp. | 0.07% | 660 | $199K | No change |
| NVS Novartis AG-Sponsored ADR | 0.07% | 1,267 | $199K | No change |
| AEP American Electric Power | 0.07% | 1,433 | $196K | Add +3.6% |
| TMO Thermo Fisher Scientific Inc. | 0.07% | 390 | $196K | Reduce -0.8% |
| MDLZ Mondelez International Inc. Class A | 0.07% | 3,372 | $195K | Reduce -7.7% |
| TT Trane Technologies PLC | 0.07% | 393 | $193K | No change |
| CPRX Catalyst Pharmaceuticals Inc. | 0.07% | 6,000 | $189K | No change |
| ALL Allstate Corp. | 0.07% | 788 | $187K | No change |
| EFA iShares MSCI Eafe ETF | 0.07% | 1,784 | $185K | Reduce -6.2% |
| HWM Howmet Aerospace Inc. | 0.06% | 666 | $179K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.06% | 624 | $175K | Add +6.8% |
| IVV iShares Core S&P 500 ETF | 0.06% | 234 | $175K | Reduce -96.2% |
Portfolio Sells Q1 2026 → Q2 2026
| IVV iShares Core S&P 500 ETF | Reduce -96.2% | 0.06% | −1.50 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -87.7% | 0.04% | −0.23 |
| VNQ Vanguard Real Estate ETF | Reduce -52.2% | 0.19% | −0.21 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -39.0% | 0.18% | −0.14 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -4.9% | 0.51% | −0.11 |
| MCD McDonald's Corp. | Reduce -3.7% | 0.34% | −0.10 |
| DOW Dow Inc. | Reduce -97.3% | 0.00% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -3.9% | 0.18% | −0.07 |
| PEP Pepsico Inc. | Reduce -18.6% | 0.13% | −0.07 |
| ABT Abbott Laboratories | Reduce -4.1% | 0.26% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -31.3% | 0.27% | −0.06 |
| SDY SS SPDR S&P Dividend ETF | Reduce -2.1% | 0.92% | −0.05 |
| ETN Eaton Corp. PLC | Reduce -28.4% | 0.20% | −0.05 |
| COP Conocophillips | Reduce -10.7% | 0.09% | −0.05 |
| KR Kroger Co. | Reduce -3.5% | 0.11% | −0.05 |
| SYK Stryker Corp. | Reduce -0.2% | 0.37% | −0.05 |
| PYPL PayPal Holdings Inc. | Reduce -82.3% | 0.01% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -0.1% | 0.14% | −0.04 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.03 |
| SO The Southern Co. | Reduce -0.5% | 0.33% | −0.03 |
| PRU Prudential Financial Inc. | Reduce -46.2% | 0.04% | −0.03 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 0.37% | −0.03 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -2.2% | 0.33% | −0.02 |
| JNJ Johnson & Johnson | Reduce -0.5% | 0.52% | −0.02 |
| NFLX Netflix Inc. | Reduce -36.2% | 0.02% | −0.02 |
| WAB Wabtec Corp. | Reduce -95.7% | 0.00% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -0.4% | 0.13% | −0.02 |
| MMM 3M Co. | Reduce -40.4% | 0.03% | −0.02 |
| HSIC Henry Schein Inc. | Sold out | 0.00% | −0.02 |
| PFE Pfizer Inc. | Reduce -15.2% | 0.03% | −0.02 |
| GD General Dynamics Corp. | Reduce -0.4% | 0.30% | −0.02 |
| RTX RTX Corp. | Reduce -5.2% | 0.09% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -0.7% | 0.05% | −0.01 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -2.1% | 0.05% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -66.7% | 0.01% | −0.01 |
| HD Home Depot Inc. | Reduce -2.8% | 0.33% | −0.01 |
| DOV Dover Corp. | Reduce -7.6% | 0.13% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -7.7% | 0.07% | −0.01 |
| O Realty Income Corp. | Sold out | 0.00% | −0.01 |
| ARCC Ares Capital Corp. | Sold out | 0.00% | −0.01 |
| SHW The Sherwin-Williams Co. | Reduce -4.9% | 0.15% | −0.01 |
| DON Wisdomtree US Midcap Dividen | Reduce -5.3% | 0.14% | −0.01 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.01 |
| WMB Williams Cos Inc. | Reduce -1.2% | 0.11% | −0.01 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -21.8% | 0.01% | −0.01 |
| Q Qnity Electronics Inc. | Reduce -69.1% | 0.00% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| SCHG Schwab US Large-Cap Growth | Add +0.7% | 18.69% | +1.44 |
| SCHV Schwab US Large-Cap Value | Add +1.8% | 12.62% | +0.90 |
| CAT Caterpillar Inc. | Add +42.3% | 1.25% | +0.62 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.6% | 7.39% | +0.32 |
| MU Micron Technology Inc. | Add +7.3% | 0.36% | +0.26 |
| DE Deere & Co. | Add +166.1% | 0.36% | +0.23 |
| NVDA Nvidia Corp. | Add +3.4% | 2.51% | +0.23 |
| AMAT Applied Materials Inc. | Add +7.1% | 0.29% | +0.15 |
| LRCX Lam Research Corp. | Add +6.9% | 0.27% | +0.14 |
| ADM Archer-Daniels-Midland Co. | Add +1200.0% | 0.14% | +0.13 |
| RIO Rio Tinto PLC-Spon ADR | Add +50000.0% | 0.12% | +0.12 |
| BTI British American Tob-SP ADR | New | 0.11% | +0.11 |
| IWF iShares Russell 1000 Growth | Add +5.8% | 0.88% | +0.11 |
| MRK Merck & Co. Inc. | Add +81.0% | 0.21% | +0.09 |
| IWD iShares Russell 1000 Value E | Add +10.8% | 0.59% | +0.08 |
| AVGO Broadcom Inc. | Add +4.5% | 0.54% | +0.08 |
| INTC Intel Corp. | Add +21.5% | 0.10% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +19.0% | 0.29% | +0.05 |
| MO Altria Group Inc. | Add +25.2% | 0.24% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +47.4% | 0.14% | +0.04 |
| BHP BHP Group Ltd.-Spon ADR | Add +540.5% | 0.04% | +0.03 |
| CRWV Coreweave Inc. Class A | Add +354.9% | 0.04% | +0.03 |
| SPCX Space Exploration Techn Class A | New | 0.03% | +0.03 |
| DFAX Dimensional World Ex US Core | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +16.3% | 0.07% | +0.01 |
| GE General Electric | Add +1.5% | 0.05% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +123.9% | 0.03% | +0.01 |
| MMIT Nylim Mackay Muni Intermedia | New | 0.01% | +0.01 |
| GSLC Goldman Activebeta US LC ETF | New | 0.01% | +0.01 |
| STLD Steel Dynamics Inc. | Add +200.0% | 0.01% | +0.01 |
| DFAS Dimensional US Small Cap ETF | New | 0.01% | +0.01 |
| GEV GE Vernova Inc. | Add +1.0% | 0.04% | +0.01 |
| VLUE iShares MSCI USA Value Facto | Add +50.9% | 0.02% | +0.01 |
| IBM Intl Business Machines Corp. | Add +6.8% | 0.06% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +3.3% | 0.02% | +0.01 |
| TLT iShares 20+ Year Treasury BD | New | 0.01% | +0.01 |
| CMI Cummins Inc. | Add +4.5% | 0.02% | +0.01 |
| SYY Sysco Corp. | New | 0.00% | +0.00 |
| DES Wisdomtree US Smallcap Divid | Add +0.2% | 0.09% | +0.00 |
| GM General Motors Co. | Add +33.0% | 0.02% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | New | 0.00% | +0.00 |
| IVLU iShares MSCI International V | New | 0.00% | +0.00 |
| HBAN Huntington Bancshares Inc. | Add +0.6% | 0.06% | +0.00 |
| CMS CMS Energy Corp. | New | 0.00% | +0.00 |
| TMFC Motley Fool 100 Index ETF | New | 0.00% | +0.00 |
| TJX TJX Companies Inc. | Add +294.1% | 0.00% | +0.00 |
| AMGN Amgen Inc. | Add +16.7% | 0.02% | +0.00 |
| PGR Progressive Corp. | Add +5.4% | 0.03% | +0.00 |
| HOOD Robinhood Markets Inc. Class A | New | 0.00% | +0.00 |
| XLF SS Financial Select Sector | New | 0.00% | +0.00 |