Latest Exchange Bank Stock Portfolio
Exchange Bank Performance:
2024 Q3: 5.76%YTD: 10.48%
Performance for 2024 Q3 is 5.76%, and YTD is 10.48%.
About Exchange Bank and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Exchange Bank reported an equity portfolio of $122.3 Millions as of 30 Sep, 2024.
The top stock holdings of Exchange Bank are AAPL, JNJ, MSFT. The fund has invested 5.5% of it's portfolio in APPLE INC and 3.4% of portfolio in JOHNSON & JOHNSON.
The fund managers got completely rid off INVESCO QQQ TR (QQQ) stocks. They significantly reduced their stock positions in ISHARES CORE TOTAL US BOND (IJR), SPDR BOFA ML CROSSOVER CORP BOND (BIL) and ISHARES CORE INTERNATIONAL (AGT). Exchange Bank opened new stock positions in THE TRAVELERS COMPANIES INC (TRV), APPLIED MATERIALS INC (AMAT) and PNC FINANCIAL SERVICES GROUP (PNC). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES ESG1 5 YR USD BD ETF (AGT), ISHARES MSCI USA QUALITY FACTOR (IBCE) and MCDONALDS CORP (MCD).
The top stock holdings of Exchange Bank are AAPL, JNJ, MSFT. The fund has invested 5.5% of it's portfolio in APPLE INC and 3.4% of portfolio in JOHNSON & JOHNSON.
The fund managers got completely rid off INVESCO QQQ TR (QQQ) stocks. They significantly reduced their stock positions in ISHARES CORE TOTAL US BOND (IJR), SPDR BOFA ML CROSSOVER CORP BOND (BIL) and ISHARES CORE INTERNATIONAL (AGT). Exchange Bank opened new stock positions in THE TRAVELERS COMPANIES INC (TRV), APPLIED MATERIALS INC (AMAT) and PNC FINANCIAL SERVICES GROUP (PNC). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES ESG1 5 YR USD BD ETF (AGT), ISHARES MSCI USA QUALITY FACTOR (IBCE) and MCDONALDS CORP (MCD).
Exchange Bank Annual Return Estimates Vs S&P 500
Our best estimate is that Exchange Bank made a return of 5.76% in the last quarter. In trailing 12 months, it's portfolio return was 16.26%.
New Buys
| Ticker | $ Bought |
|---|---|
| the travelers companies inc | 286,330 |
| applied materials inc | 238,420 |
| pnc financial services group | 227,365 |
| salesforce | 209,115 |
| netflix inc | 207,816 |
| paychex inc | 204,373 |
New stocks bought by Exchange Bank
Additions
| Ticker | % Inc. |
|---|---|
| ishares esg1 5 yr usd bd etf | 42.15 |
| ishares msci usa quality factor | 31.57 |
| mcdonalds corp | 12.44 |
| vanguard high dividend yield | 12.02 |
| vanguard small cap value etf | 7.89 |
| pepsico inc | 7.53 |
| vanguard ftse developed markets | 7.04 |
| vanguard short-term corp bd idx | 6.44 |
Additions to existing portfolio by Exchange Bank
Reductions
| Ticker | % Reduced |
|---|---|
| ishares core total us bond | -44.96 |
| spdr bofa ml crossover corp bond | -36.23 |
| ishares core international | -18.08 |
| eli lilly & co | -11.85 |
| bank of new york mellon corp | -10.5 |
| vanguard real estate etf | -10.26 |
| jp morgan chase & co | -10.12 |
| ishares faln angls usd bd etf | -9.44 |
Exchange Bank reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| invesco qqq tr | -315,254 |
Exchange Bank got rid off the above stocks
Sector Distribution
Exchange Bank has about 29.1% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 29.1 |
| Technology | 16.2 |
| Consumer Defensive | 12.6 |
| Industrials | 11 |
| Healthcare | 9.4 |
| Financial Services | 7.1 |
| Energy | 5.3 |
| Consumer Cyclical | 3.5 |
| Communication Services | 3.3 |
| Utilities | 1.9 |
Market Cap. Distribution
Exchange Bank has about 69.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 39.8 |
| LARGE-CAP | 29.8 |
| UNALLOCATED | 29.1 |
Stocks belong to which Index?
About 70.2% of the stocks held by Exchange Bank either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 70.2 |
| Others | 29.1 |
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 114 stocks in it's portfolio. About 32.9% of the portfolio is in top 10 stocks. CVX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Exchange Bank last quarter.
Last Reported on: 10 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.47 | 3,836 | 569,569 | unchanged | 0.00 | ||
| AAPL | apple inc | 5.46 | 28,641 | 6,673,350 | reduced | -1.76 | ||
| AAXJ | ishares national amt-free muni | 3.17 | 35,687 | 3,876,680 | reduced | -7.53 | ||
| AAXJ | ishares short-term corporate | 0.96 | 22,163 | 1,167,100 | unchanged | 0.00 | ||
| AAXJ | ishares st national amtfree muni | 0.26 | 2,965 | 314,853 | unchanged | 0.00 | ||
| ABBV | abbvie inc | 0.31 | 1,939 | 382,913 | unchanged | 0.00 | ||
| ACN | accenture plc | 0.21 | 737 | 260,515 | reduced | -0.67 | ||
| ADBE | adobe systems inc | 0.41 | 964 | 499,141 | unchanged | 0.00 | ||
| ADP | automatic data processing inc | 1.30 | 5,734 | 1,586,770 | unchanged | 0.00 | ||
| AGT | ishares core international | 1.00 | 23,685 | 1,227,360 | reduced | -18.08 | ||
| AGT | ishares faln angls usd bd etf | 0.63 | 28,247 | 772,273 | reduced | -9.44 | ||
| AGT | ishares esg1 5 yr usd bd etf | 0.38 | 18,333 | 461,258 | added | 42.15 | ||
| AMAT | applied materials inc | 0.20 | 1,180 | 238,420 | new | |||
| AMPS | ishares msci usa minimum | 0.51 | 6,800 | 620,908 | reduced | -2.86 | ||
| AMPS | ishares floating rate bond (mkt) | 0.18 | 4,401 | 224,627 | unchanged | 0.00 | ||
| AMZN | amazon com inc sr | 0.92 | 6,041 | 1,125,620 | added | 2.98 | ||
| AON | aon plc shs cl a | 0.23 | 832 | 287,864 | unchanged | 0.00 | ||
| AVGO | broadcom inc com | 0.29 | 2,040 | 351,900 | unchanged | 0.00 | ||
| AXP | american express co | 0.67 | 3,035 | 823,091 | reduced | -3.25 | ||
| BDX | becton dickinson & co | 0.56 | 2,840 | 684,724 | unchanged | 0.00 | ||