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Livermore
Livermore
ZHEN

Exchange Bank

SEC CIK
0002001155
Latest filing
Jul 8, 2026

Holdings in Q4 2023

Holdings as of Dec 31, 2023, filed Jan 11, 2024. Long positions only; changes compare share counts with Q3 2023.

Institution overview
Positions
108
+8 vs. Q3 2023
Portfolio value
$115.4M
+$11.1M (+10.6%) vs. Q3 2023
Filed
Jan 11, 2024
SEC
Holdings of Exchange Bank in Q4 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF103,176$10.2M8.9%−9,725−8.6%Reduced–
AAPLApple Inc.Stock30,455$5.86M5.1%−2,789−8.4%ReducedHistory
iShares Tr464288414NATIONAL MUN ETF43,426$4.71M4.1%+16,044+58.6%Added–
JNJJohnson & JohnsonStock26,987$4.23M3.7%−381−1.4%ReducedHistory
MSFTMicrosoft CorpStock10,713$4.03M3.5%−775−6.7%ReducedHistory
CVXChevron CorpStock24,360$3.63M3.1%−389−1.6%ReducedHistory
PGProcter & Gamble CoStock23,524$3.45M3.0%−379−1.6%ReducedHistory
Vanguard Total Bond Market ETF921937835ETF38,819$2.86M2.5%+17,590+82.9%Added–
Vanguard Morningstar Total Stock Market ETF922908769ETF11,841$2.81M2.4%+1,089+10.1%Added–
XOMExxonMobil Holdings CorpCOM26,134$2.61M2.3%−120−0.5%ReducedHistory
UNPUnion Pacific CorpStock10,134$2.49M2.2%−118−1.2%ReducedHistory
CATCaterpillar IncStock7,578$2.24M1.9%−49−0.6%ReducedHistory
JPMJPMorgan Chase & CoStock12,616$2.15M1.9%−1,104−8.0%ReducedHistory
WMTWalmart Inc.Stock12,288$1.94M1.7%−181−1.5%ReducedHistory
KOCoca Cola CoStock31,575$1.86M1.6%00.0%UnchangedHistory
iShares Core S&P Mid-Cap ETF464287507ETF6,664$1.85M1.6%00.0%Unchanged–
MRKMerck & Co., Inc.Stock16,105$1.76M1.5%−671−4.0%ReducedHistory
BRK.ABerkshire Hathaway IncCL A3$1.63M1.4%00.0%UnchangedHistory
TGTTarget CorpStock11,428$1.63M1.4%−141−1.2%ReducedHistory
BMYBristol Myers Squibb CoStock31,113$1.60M1.4%−508−1.6%ReducedHistory
iShares Tr46435G672CORE INTL AGGR30,414$1.51M1.3%+6,501+27.2%Added–
Schwab U.S. Broad Market ETF808524102ETF26,163$1.46M1.3%00.0%Unchanged–
NSCNorfolk Southern CorpStock6,156$1.46M1.3%00.0%UnchangedHistory
ADPAutomatic Data Processing IncStock6,040$1.41M1.2%00.0%UnchangedHistory
TXNTexas Instruments IncStock7,759$1.32M1.1%−90−1.1%ReducedHistory
GOOGAlphabet Inc.Stock9,308$1.31M1.1%−482−4.9%ReducedHistory
IBMInternational Business Machines CorpStock7,834$1.28M1.1%+73+0.9%AddedHistory
GOOGLAlphabet Inc.Stock8,878$1.24M1.1%−1,219−12.1%ReducedHistory
MRSHMarsh & McLennan Companies, Inc.Stock6,268$1.19M1.0%+21+0.3%AddedHistory
iShares Tr464288646ISHS 1-5YR INVS22,029$1.13M1.0%+22,029New–
PMPhilip Morris International Inc.Stock11,624$1.09M0.9%−204−1.7%ReducedHistory
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD13,454$1.04M0.9%+5,210+63.2%Added–
PEPPepsiCo IncStock5,690$966.4K0.8%−207−3.5%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF2,010$955.4K0.8%−23−1.1%ReducedHistory
AMZNAmazon Com IncStock6,031$916.4K0.8%−349−5.5%ReducedHistory
HDHome Depot, Inc.Stock2,578$893.4K0.8%−74−2.8%ReducedHistory
HONHoneywell International IncCOM4,223$885.6K0.8%−311−6.9%ReducedHistory
NEENextera Energy IncStock13,958$847.8K0.7%−71−0.5%ReducedHistory
GLGlobe Life Inc.COM6,750$821.6K0.7%00.0%UnchangedHistory
iShares Tr46435G474FALN ANGLS USD30,987$818.1K0.7%00.0%Unchanged–
PFEPfizer IncStock28,240$813.0K0.7%−2,033−6.7%ReducedHistory
MCDMcDonalds CorpStock2,607$773.0K0.7%−187−6.7%ReducedHistory
MDLZMondelez International, Inc.Stock10,656$771.8K0.7%+39+0.4%AddedHistory
NVDANVIDIA CorpStock1,523$754.2K0.7%−248−14.0%ReducedHistory
SPDR Series Trust78468R606ST PORT HIGH ETF32,137$751.4K0.7%+32,137New–
FDXFedEx CorpStock2,786$704.8K0.6%00.0%UnchangedHistory
BDXBecton Dickinson & CoStock2,842$693.0K0.6%00.0%UnchangedHistory
LLYEli Lilly & CoStock1,177$686.1K0.6%−48−3.9%ReducedHistory
BRK.BBerkshire Hathaway IncStock1,758$627.0K0.5%+55+3.2%AddedHistory
CSCOCisco Systems, Inc.Stock12,401$626.5K0.5%−45−0.4%ReducedHistory
iShares Russell 2000 ETF464287655ETF3,094$621.0K0.5%−194−5.9%Reduced–
Vanguard Ftse Developed Markets ETF921943858ETF12,548$601.1K0.5%+3,078+32.5%Added–
ADBEAdobe Inc.Stock1,005$599.6K0.5%−81−7.5%ReducedHistory
Vanguard Real Estate ETF922908553ETF6,760$597.3K0.5%+825+13.9%Added–
FICOFair Isaac CorpCOM511$594.8K0.5%−47−8.4%ReducedHistory
iShares MSCI Eafe ETF464287465ETF7,792$587.1K0.5%+687+9.7%Added–
iShares Core S&P Small Cap ETF464287804ETF5,403$584.9K0.5%00.0%Unchanged–
MOAltria Group, Inc.Stock14,463$583.4K0.5%−160−1.1%ReducedHistory
AXPAmerican Express CoStock3,109$582.4K0.5%−30−1.0%ReducedHistory
ORCLOracle CorpStock5,312$560.0K0.5%−361−6.4%ReducedHistory
iShares MSCI USA Min Vol Factor ETF46429B697ETF7,100$554.0K0.5%00.0%Unchanged–
AAgilent Technologies, Inc.COM3,858$536.4K0.5%+22+0.6%AddedHistory
COSTCostco Wholesale CorpStock808$533.3K0.5%−13−1.6%ReducedHistory
MAMastercard IncStock1,222$521.2K0.5%−97−7.4%ReducedHistory
Vanguard Morningstar Small-Cap Value ETF922908611ETF2,761$496.9K0.4%+2,761New–
LOWLowes Companies IncStock2,212$492.3K0.4%−30−1.3%ReducedHistory
HBANHuntington Bancshares IncCOM38,024$483.7K0.4%00.0%UnchangedHistory
ITWIllinois Tool Works IncStock1,783$467.0K0.4%00.0%UnchangedHistory
BRBroadridge Financial Solutions, Inc.Stock2,266$466.2K0.4%+16+0.7%AddedHistory
BNYBank of New York Mellon CorpStock8,669$451.2K0.4%+55+0.6%AddedHistory
VVisa Inc.Stock1,707$444.4K0.4%+13+0.8%AddedHistory
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF3,722$411.9K0.4%−1,055−22.1%Reduced–
BLKBlackRock, Inc.COM498$404.3K0.4%−25−4.8%ReducedHistory
UNHUnitedHealth Group IncStock734$386.4K0.3%−179−19.6%ReducedHistory
MMM3M CoStock3,385$370.0K0.3%−414−10.9%ReducedHistory
DISWalt Disney CoStock4,073$367.8K0.3%−135−3.2%ReducedHistory
GEGeneral Electric CoStock2,820$359.9K0.3%−44−1.5%ReducedHistory
Vanguard S&P 500 ETF922908363ETF817$356.9K0.3%+817New–
EMREmerson Electric CoStock3,604$350.8K0.3%−44−1.2%ReducedHistory
METAMeta Platforms, Inc.Stock968$342.6K0.3%00.0%UnchangedHistory
DDDuPont de Nemours, Inc.COM4,410$339.3K0.3%−55−1.2%ReducedHistory
UPSUnited Parcel Service IncStock2,028$318.9K0.3%−167−7.6%ReducedHistory
BABoeing CoStock1,209$315.1K0.3%00.0%UnchangedHistory
iShares Tr464288158SHRT NAT MUN ETF2,965$312.6K0.3%+2,965New–
TAT&T Inc.Stock18,573$311.7K0.3%+6,037+48.2%AddedHistory
MCHPMicrochip Technology IncStock3,432$309.5K0.3%00.0%UnchangedHistory
ABBVAbbVie Inc.Stock1,984$307.5K0.3%−385−16.3%ReducedHistory
DUKDuke Energy CORPStock3,159$306.5K0.3%00.0%UnchangedHistory
GPCGenuine Parts CoStock2,124$294.2K0.3%00.0%UnchangedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF6,973$286.6K0.2%+1,221+21.2%Added–
INTCIntel CorpStock5,644$283.6K0.2%−11−0.2%ReducedHistory
NOCNorthrop Grumman CorpStock601$281.4K0.2%−50−7.7%ReducedHistory
CSXCSX CorpStock7,933$275.0K0.2%00.0%UnchangedHistory
BKNGBooking Holdings Inc.Stock76$269.6K0.2%00.0%UnchangedHistory
MDTMedtronic plcStock3,123$257.3K0.2%−60−1.9%ReducedHistory
DOWDow Inc.Stock4,629$253.9K0.2%00.0%UnchangedHistory
AVGOBroadcom Inc.Stock227$253.4K0.2%−57−20.1%ReducedHistory
AONAon plcCL A869$252.9K0.2%00.0%UnchangedHistory
LMTLockheed Martin CorpStock528$239.3K0.2%00.0%UnchangedHistory
iShares Core S&P 500 ETF464287200ETF493$235.5K0.2%−1−0.2%Reduced–

Sold out since Q3 2023 (1)

Positions held at the end of Q3 2023 that are gone from this filing.

Positions of Exchange Bank sold out since Q3 2023
SecurityClassShares in Q3 2023Value in Q3 2023% of portfolio in Q3 2023History
CLXClorox CoStock1,739$227.9K0.2%History