Latest Exchange Bank Stock Portfolio

Exchange Bank Performance:

2026 Q1: 0.96%YTD: 0.96%2025: 12.08%

Performance for 2026 Q1 is 0.96%, and YTD is 0.96%, and 2025 is 12.08%.

About Exchange Bank and 13F Hedge Fund Stock Holdings

On 2026-04-08, the fund reported it's updated stock portfolio. In the 13F Holdings report, Exchange Bank reported an equity portfolio of $144.3 Millions as of 31 Mar, 2026.

The top stock holdings of Exchange Bank are AAPL, JNJ, AAXJ. The fund has invested 5% of it's portfolio in APPLE INC and 4.7% of portfolio in JOHNSON & JOHNSON.

The fund managers got completely rid off ABBOTT LABORATORIES (ABT), AON PLC SHS CL A (AON) and QUALCOMM INC (QCOM) stocks. They significantly reduced their stock positions in BROADCOM INC SR (AVGO), AMPHENOL CORP (APH) and LAM RESEARCH CORP (LRCX). Exchange Bank opened new stock positions in VALERO ENERGY CORP NEW (VLO), EATON VANCE and LINDE PLC (LIN). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD EMERGING MARKETS STOCK (VEU), GLOBAL X US INFRASTRUCTURE ETF (AGNG) and VANGUARD FTSE DEVELOPED MARKETS (VEA).

Exchange Bank Annual Return Estimates Vs S&P 500

Our best estimate is that Exchange Bank made a return of 0.96% in the last quarter. In trailing 12 months, it's portfolio return was 13.27%.

Performance
S&P 500

New Buys

Ticker	$ Bought
valero energy corp new	256,468
eaton vance	229,728
linde plc	211,193
corteva inc	207,935
eversource energy	200,150

New stocks bought by Exchange Bank

Additions

Ticker	% Inc.
vanguard emerging markets stock	167
global x us infrastructure etf	63.79
vanguard ftse developed markets	43.91
ishares gold trust	16.9
ishares core international	16.74
vanguard short-term corp bd idx	10.76
vanguard high dividend yield	10.69
ishares msci usa quality factor	8.46

Additions to existing portfolio by Exchange Bank

Reductions

Ticker	% Reduced
broadcom inc sr	-15.47
amphenol corp	-15.39
lam research corp	-14.26
avantis intl small cap val etf	-14.14
nvidia corporation	-13.08
ishares short-term corporate	-13.04
caterpillar inc	-9.83
amazon com inc sr	-9.77

Exchange Bank reduced stake in above stock

Sold off

Ticker	$ Sold
general mills inc	-202,275
bank of america corp	-208,010
abbott laboratories	-292,678
genuine parts co	-218,746
qualcomm inc	-255,037
servicenow inc sr cv	-206,194
danaher corp	-235,788
aon plc shs cl a	-284,420

Exchange Bank got rid off the above stocks

Sector Distribution

Exchange Bank has about 30.8% of it's holdings in Others sector.

Sector	%
Others	30.8
Technology	14.5
Industrials	11.7
Consumer Defensive	10.7
Healthcare	9.3
Financial Services	6.8
Energy	6.4
Communication Services	4.4
Consumer Cyclical	3.2
Utilities	1.8

Market Cap. Distribution

Exchange Bank has about 68.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	50.7
UNALLOCATED	30.8
LARGE-CAP	17.9

Stocks belong to which Index?

About 68.5% of the stocks held by Exchange Bank either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	68.5
Others	31

Top 5 Winners (%)		%
XOM	exxon mobil corp	39.9 %
CVX	chevron corp	35.5 %
	ge vernova inc	33.5 %
LMT	lockheed martin corp	24.6 %
TGT	target corp	24.0 %

Top 5 Winners ($)		$
CVX	chevron corp	1.2 M
XOM	exxon mobil corp	1.2 M
CAT	caterpillar inc	1.1 M
JNJ	johnson & johnson	1.1 M
WMT	walmart inc	0.4 M

Top 5 Losers (%)		%
ADBE	adobe systems inc	-29.3 %
BR	broadridge financial solutions	-27.2 %
COF	capital one financial corp	-24.7 %
MSFT	microsoft corp	-23.4 %
ORCL	oracle corp	-23.4 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-1.1 M
IBM	international business machs	-0.6 M
AAPL	apple inc	-0.5 M
ADP	automatic data processing inc	-0.3 M
JPM	jp morgan chase & co	-0.3 M

Exchange Bank Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Exchange Bank

Exchange Bank has 117 stocks in it's portfolio. About 33.4% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. CVX was the most profitable stock for Exchange Bank last quarter.

Last Reported on: 08 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.27	3,404	387,988	unchanged	0.00

AAPL	apple inc	5.02	28,540	7,243,170	reduced	-1.7

AAXJ	ishares national amt-free muni	3.79	51,505	5,467,260	added	0.25

AAXJ	ishares st national amtfree muni	0.76	10,360	1,103,340	reduced	-0.72

AAXJ	ishares short-term corporate	0.70	19,274	1,013,040	reduced	-13.04

AAXJ	ishares intermediate-term	0.28	7,672	408,304	unchanged	0.00

ABBV	abbvie inc	0.33	2,170	471,951	unchanged	0.00

ABT	abbott laboratories	0.00	0.00	0.00	sold off	-100

ADBE	adobe systems inc	0.16	940	228,497	reduced	-7.93

ADP	automatic data processing inc	0.82	5,802	1,178,850	reduced	-0.14

AEMB	avantis intl small cap val etf	0.51	7,409	739,862	reduced	-14.14

AGNG	global x us infrastructure etf	0.38	10,894	553,524	added	63.79

AGT	ishares core international	0.99	28,446	1,423,440	added	16.74

AGT	ishares faln angls usd bd etf	0.46	24,979	667,439	reduced	-6.98

AGT	ishares esg1 5 yr usd bd etf	0.40	22,826	572,134	added	0.68

AMPS	ishares msci usa minimum	0.39	6,100	565,714	reduced	-3.17

AMPS	ishares floating rate bond (mkt)	0.15	4,131	210,475	added	1.25

AMZN	amazon com inc sr	1.05	7,260	1,512,040	reduced	-9.77

AON	aon plc shs cl a	0.00	0.00	0.00	sold off	-100

APH	amphenol corp	0.20	2,238	282,772	reduced	-15.39