Skip to main content
Livermore
Livermore
ZHEN

Citizens Business Bank

SEC CIK
0001948632
Latest filing
Aug 3, 2026

The latest 13F from Citizens Business Bank covers Q2 2026 (filed Aug 3, 2026): 139 long positions worth $664.1M. The top 10 holdings make up 43.0% of the portfolio, and the largest is iShares Russell Midcap ETF at 10.5%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
12
Est. +$15.8M
Added
30
Est. +$2.21M
Reduced
62
Est. −$23.5M
Sold out
8
Est. −$18.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Russell Midcap ETF464287499
    10.5%$70.0M
  2. Vanguard Ftse Developed Markets ETF921943858
    9.4%$62.6M
  3. NVDANVIDIA Corp
    5.3%$35.0MHistory
  4. AVGOBroadcom Inc.
    3.5%$23.3MHistory
  5. AAPLApple Inc.
    3.2%$21.4MHistory

Share of portfolio

Top 5 holdings and the other 134 positions, by share of portfolio value

  1. iShares Russell Midcap ETF10.5%
  2. Vanguard Ftse Developed Markets ETF9.4%
  3. NVDA5.3%
  4. AVGO3.5%
  5. AAPL3.2%
  6. Other 134 positions68.0%

Biggest buys

New and added positions, by estimated amount bought

  1. ASTSAST SpaceMobile, Inc.
    +$6.28MNewHistory
  2. TOSTToast, Inc.
    +$4.60MNewHistory
  3. AMATApplied Materials Inc
    +$1.17MNewHistory
  4. PEPPepsiCo Inc
    +$1.00MNewHistory
  5. POOLPool Corp
    +$770.2KNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. MRVLMarvell Technology, Inc.
    +1.17 pp0.7% → 1.8%History
  2. ASTSAST SpaceMobile, Inc.
    +0.95 pp0.0% → 0.9%History
  3. TOSTToast, Inc.
    +0.69 pp0.0% → 0.7%History
  4. AMATApplied Materials Inc
    +0.18 pp0.0% → 0.2%History
  5. PEPPepsiCo Inc
    +0.15 pp0.0% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. XPOFXponential Fitness, Inc.
    −$12.0MSold outHistory
  2. REGNRegeneron Pharmaceuticals, Inc.
    −$4.71MSold outHistory
  3. LNGCheniere Energy, Inc.
    −$3.73MReducedHistory
  4. MCDMcDonalds Corp
    −$2.78MReducedHistory
  5. Vanguard Ftse Developed Markets ETF921943858
    −$2.31MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. XPOFXponential Fitness, Inc.
    −1.97 pp2.0% → 0.0%History
  2. LNGCheniere Energy, Inc.
    −0.95 pp1.7% → 0.8%History
  3. REGNRegeneron Pharmaceuticals, Inc.
    −0.77 pp0.8% → 0.0%History
  4. PLTRPalantir Technologies Inc.
    −0.66 pp2.3% → 1.6%History
  5. MCDMcDonalds Corp
    −0.55 pp0.7% → 0.1%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$664.1M
+$53.8M (+8.8%) vs. prior quarter
Positions
139
+4 vs. prior quarter
Top 10 concentration
43.0%
Top 10 as share of value
Turnover
2.8%
Q2 2026, one quarter
Average holding period
18.2 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $828.1M (Q1 2022)

Q1 2021: $713.2MQ2 2021: $760.5MQ3 2021: $751.7MQ4 2021: $816.3MQ1 2022: $828.1MQ2 2022: $703.6MQ3 2022: $410.1MQ4 2022: $437.0MQ1 2023: $434.2MQ2 2023: $448.3MQ3 2023: $425.5MQ4 2023: $453.7MQ1 2024: $479.8MQ2 2024: $472.9MQ3 2024: $495.5MQ4 2024: $534.9MQ1 2025: $461.0MQ2 2025: $514.6MQ3 2025: $599.2MQ4 2025: $605.3MQ1 2026: $610.3MQ2 2026: $664.1M
Q1 2021Q2 2026
13F filings of Citizens Business Bank by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 3, 2026139$664.1MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q1 2026SEC
Q1 2026May 1, 2026135$610.3MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q4 2025SEC
Q4 2025Feb 2, 2026134$605.3MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q3 2025SEC
Q3 2025Nov 12, 2025147$599.2MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q2 2025SEC
Q2 2025Jul 29, 2025101$514.6MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q1 2025SEC
Q1 2025May 14, 2025100$461.0MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q4 2024SEC
Q4 2024Feb 14, 2025105$534.9MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q3 2024SEC
Q3 2024Nov 19, 2024Amended107$495.5MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q2 2024SEC
Q2 2024Aug 5, 2024102$472.9MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFNVDAvs. Q1 2024SEC
Q1 2024Apr 18, 2024107$479.8MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFFirst Tr Exch Traded FD IIIvs. Q4 2023SEC
Q4 2023Feb 5, 2024107$453.7MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFCVBFvs. Q3 2023SEC
Q3 2023Nov 3, 2023105$425.5MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFFirst Tr Exch Traded FD IIIvs. Q2 2023SEC
Q2 2023Aug 8, 2023108$448.3MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFFirst Tr Exch Traded FD IIIvs. Q1 2023SEC
Q1 2023May 9, 2023107$434.2MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFFirst Tr Exch Traded FD IIIvs. Q4 2022SEC
Q4 2022Feb 8, 2023120$437.0MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFCVBFvs. Q3 2022SEC
Q3 2022Nov 4, 2022118$410.1MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFCVBFvs. Q2 2022SEC
Q2 2022Nov 18, 2022242$703.6MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFCVBFvs. Q1 2022SEC
Q1 2022Nov 18, 2022247$828.1MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFAAPLvs. Q4 2021SEC
Q4 2021Nov 18, 2022252$816.3MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFAAPLvs. Q3 2021SEC
Q3 2021Nov 18, 2022237$751.7MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFMSFTvs. Q2 2021SEC
Q2 2021Nov 18, 2022242$760.5MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFMSFTvs. Q1 2021SEC
Q1 2021Nov 18, 2022241$713.2MiShares Russell Midcap ETFVanguard Ftse Developed Markets ETFAAPL–SEC