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Livermore
Livermore
ZHEN

Exchange Bank

SEC CIK
0002001155
Latest filing
Jul 8, 2026

Holdings in Q1 2025

Holdings as of Mar 31, 2025, filed Apr 15, 2025. Long positions only; changes compare share counts with Q4 2024.

Institution overview
Positions
113
+1 vs. Q4 2024
Portfolio value
$124.0M
−$387.5K (−0.3%) vs. Q4 2024
Filed
Apr 15, 2025
SEC
Holdings of Exchange Bank in Q1 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Tr464288414NATIONAL MUN ETF62,236$6.56M5.3%+3,619+6.2%Added–
AAPLApple Inc.Stock27,587$6.13M4.9%−814−2.9%ReducedHistory
JNJJohnson & JohnsonStock25,379$4.21M3.4%−371−1.4%ReducedHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF39,351$3.89M3.1%−901−2.2%Reduced–
PGProcter & Gamble CoStock22,724$3.87M3.1%+53+0.2%AddedHistory
CVXChevron CorpStock22,959$3.84M3.1%−600−2.5%ReducedHistory
MSFTMicrosoft CorpStock9,547$3.58M2.9%−129−1.3%ReducedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF12,817$3.52M2.8%−389−2.9%Reduced–
Vanguard Total Bond Market ETF921937835ETF46,018$3.38M2.7%−1,603−3.4%Reduced–
WMTWalmart Inc.Stock36,282$3.19M2.6%−158−0.4%ReducedHistory
XOMExxonMobil Holdings CorpCOM25,124$2.99M2.4%−685−2.7%ReducedHistory
JPMJPMorgan Chase & CoStock11,246$2.76M2.2%+76+0.7%AddedHistory
CATCaterpillar IncStock7,575$2.50M2.0%00.0%UnchangedHistory
BRK.ABerkshire Hathaway IncCL A3$2.40M1.9%00.0%UnchangedHistory
UNPUnion Pacific CorpStock9,720$2.30M1.9%−107−1.1%ReducedHistory
KOCoca Cola CoStock30,473$2.18M1.8%−374−1.2%ReducedHistory
IBMInternational Business Machines CorpStock7,854$1.95M1.6%−44−0.6%ReducedHistory
iShares Core S&P Mid-Cap ETF464287507ETF32,441$1.89M1.5%−100−0.3%Reduced–
BMYBristol Myers Squibb CoStock29,875$1.82M1.5%00.0%UnchangedHistory
PMPhilip Morris International Inc.Stock11,364$1.80M1.5%−466−3.9%ReducedHistory
ADPAutomatic Data Processing IncStock5,810$1.78M1.4%+76+1.3%AddedHistory
Schwab U.S. Broad Market ETF808524102ETF77,850$1.68M1.4%00.0%Unchanged–
SPYSPDR S&P 500 ETF TrustETF2,915$1.63M1.3%−6−0.2%ReducedHistory
MRSHMarsh & McLennan Companies, Inc.Stock6,239$1.52M1.2%00.0%UnchangedHistory
GOOGLAlphabet Inc.Stock8,989$1.39M1.1%+30.0%AddedHistory
MRKMerck & Co., Inc.Stock15,033$1.35M1.1%−568−3.6%ReducedHistory
NVDANVIDIA CorpStock12,425$1.35M1.1%−238−1.9%ReducedHistory
NSCNorfolk Southern CorpStock5,656$1.34M1.1%−150−2.6%ReducedHistory
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD16,882$1.33M1.1%−668−3.8%Reduced–
TXNTexas Instruments IncStock7,099$1.28M1.0%−20−0.3%ReducedHistory
iShares Tr464288646ISHS 1-5YR INVS22,163$1.16M0.9%00.0%Unchanged–
AMZNAmazon Com IncStock6,091$1.16M0.9%+72+1.2%AddedHistory
iShares Tr46435G672CORE INTL AGGR23,121$1.16M0.9%−786−3.3%Reduced–
TGTTarget CorpStock10,626$1.11M0.9%−52−0.5%ReducedHistory
GOOGAlphabet Inc.Stock6,857$1.07M0.9%−273−3.8%ReducedHistory
LLYEli Lilly & CoStock1,221$1.01M0.8%+10+0.8%AddedHistory
NEENextera Energy IncStock13,730$973.3K0.8%+56+0.4%AddedHistory
HDHome Depot, Inc.Stock2,545$932.7K0.8%+47+1.9%AddedHistory
iShares Tr464288158SHRT NAT MUN ETF8,655$914.0K0.7%+379+4.6%Added–
BRK.BBerkshire Hathaway IncStock1,707$909.1K0.7%+18+1.1%AddedHistory
GLGlobe Life Inc.COM6,750$889.1K0.7%00.0%UnchangedHistory
MOAltria Group, Inc.Stock14,433$866.3K0.7%−85−0.6%ReducedHistory
PEPPepsiCo IncStock5,370$805.2K0.6%−4−0.1%ReducedHistory
AXPAmerican Express CoStock2,989$804.2K0.6%−87−2.8%ReducedHistory
MCDMcDonalds CorpStock2,559$799.4K0.6%+23+0.9%AddedHistory
COSTCostco Wholesale CorpStock819$774.6K0.6%−3−0.4%ReducedHistory
HONHoneywell International IncCOM3,653$773.5K0.6%−14−0.4%ReducedHistory
iShares Tr46435G474FALN ANGLS USD28,247$756.7K0.6%00.0%Unchanged–
MDLZMondelez International, Inc.Stock11,144$756.1K0.6%−93−0.8%ReducedHistory
Vanguard Ftse Developed Markets ETF921943858ETF14,609$742.6K0.6%−547−3.6%Reduced–
ORCLOracle CorpStock5,234$731.8K0.6%+44+0.8%AddedHistory
iShares MSCI Eafe ETF464287465ETF8,936$730.3K0.6%00.0%Unchanged–
FDXFedEx CorpStock2,703$658.9K0.5%−2−0.1%ReducedHistory
MAMastercard IncStock1,202$658.8K0.5%−37−3.0%ReducedHistory
BDXBecton Dickinson & CoStock2,840$650.5K0.5%00.0%UnchangedHistory
BNYBank of New York Mellon CorpStock7,555$633.6K0.5%−100−1.3%ReducedHistory
SPDR Series Trust78468R606ST PORT HIGH ETF27,046$633.4K0.5%−1,334−4.7%Reduced–
GEGeneral Electric CoStock3,032$606.9K0.5%00.0%UnchangedHistory
PFEPfizer IncStock23,919$606.1K0.5%−188−0.8%ReducedHistory
American Centy ETF Tr025072802INTL SMCP VLU8,629$601.8K0.5%+8,629New–
iShares MSCI USA Min Vol Factor ETF46429B697ETF6,400$599.4K0.5%−200−3.0%Reduced–
iShares Russell 2000 ETF464287655ETF2,993$597.1K0.5%00.0%Unchanged–
Vanguard Morningstar Small-Cap Value ETF922908611ETF3,155$587.7K0.5%−102−3.1%Reduced–
iShares Core S&P Small Cap ETF464287804ETF5,592$584.8K0.5%+215+4.0%Added–
HBANHuntington Bancshares IncCOM38,024$570.7K0.5%00.0%UnchangedHistory
VVisa Inc.Stock1,607$563.2K0.5%+19+1.2%AddedHistory
BRBroadridge Financial Solutions, Inc.Stock2,250$545.5K0.4%00.0%UnchangedHistory
LOWLowes Companies IncStock2,325$542.3K0.4%+44+1.9%AddedHistory
iShares Tr46435G243ESG AWRE 1 5 YR20,837$520.7K0.4%+2,504+13.7%Added–
METAMeta Platforms, Inc.Stock901$519.3K0.4%00.0%UnchangedHistory
CSCOCisco Systems, Inc.Stock8,412$519.1K0.4%−206−2.4%ReducedHistory
MMM3M CoStock3,410$500.8K0.4%00.0%UnchangedHistory
Vanguard S&P 500 ETF922908363ETF964$495.4K0.4%−24−2.4%Reduced–
iShares Core S&P 500 ETF464287200ETF835$469.2K0.4%+2+0.2%Added–
BLKBlackRock, Inc.Stock486$460.0K0.4%+18+3.8%AddedHistory
Vanguard Real Estate ETF922908553ETF4,887$442.5K0.4%−317−6.1%Reduced–
ITWIllinois Tool Works IncStock1,769$438.7K0.4%−13−0.7%ReducedHistory
AAgilent Technologies, Inc.COM3,554$415.7K0.3%−166−4.5%ReducedHistory
ABBVAbbVie Inc.Stock1,976$414.0K0.3%+37+1.9%AddedHistory
IAUiShares Gold TrustETF6,893$406.4K0.3%+723+11.7%AddedHistory
iShares Tr464288638ISHS 5-10YR INVT7,672$402.9K0.3%+7,672New–
UNHUnitedHealth Group IncStock764$400.1K0.3%−73−8.7%ReducedHistory
ADBEAdobe Inc.Stock1,029$394.7K0.3%+60+6.2%AddedHistory
iShares MSCI USA Quality Factor ETF46432F339ETF2,231$381.3K0.3%−101−4.3%Reduced–
EMREmerson Electric CoStock3,423$375.3K0.3%−56−1.6%ReducedHistory
DUKDuke Energy CORPStock3,045$371.4K0.3%00.0%UnchangedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF8,076$365.5K0.3%−282−3.4%Reduced–
DISWalt Disney CoStock3,541$349.5K0.3%−45−1.3%ReducedHistory
AVGOBroadcom Inc.Stock2,059$344.7K0.3%00.0%UnchangedHistory
Vanguard High Dividend Yield Index ETF921946406ETF2,609$336.5K0.3%−136−5.0%Reduced–
AONAon plcCL A829$330.8K0.3%−4−0.5%ReducedHistory
DDDuPont de Nemours, Inc.COM4,330$323.4K0.3%00.0%UnchangedHistory
BKNGBooking Holdings Inc.Stock69$317.9K0.3%00.0%UnchangedHistory
RTXRTX CorpStock2,393$317.0K0.3%+50+2.1%AddedHistory
TAT&T Inc.Stock10,976$310.4K0.3%−443−3.9%ReducedHistory
NOCNorthrop Grumman CorpStock593$303.6K0.2%00.0%UnchangedHistory
NFLXNetflix IncStock308$287.2K0.2%+15+5.1%AddedHistory
MDTMedtronic plcStock2,882$259.0K0.2%−70−2.4%ReducedHistory
Global X FDS37954Y673US INFR DEV ETF6,651$250.9K0.2%+6,651New–
ACNAccenture plcStock776$242.1K0.2%+40+5.4%AddedHistory

Sold out since Q4 2024 (4)

Positions held at the end of Q4 2024 that are gone from this filing.

Positions of Exchange Bank sold out since Q4 2024
SecurityClassShares in Q4 2024Value in Q4 2024% of portfolio in Q4 2024History
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF3,722$397.7K0.3%–
FICOFair Isaac CorpCOM127$252.8K0.2%History
NOWServiceNow, Inc.Stock220$233.2K0.2%History
TSMTaiwan Semiconductor Manufacturing Co LtdADR1,172$231.5K0.2%History