Exchange Bank
SEC Form 13F institutional filer · CIK 0002001155
13F-HR · 89 reported holdings · 2026-03-31
Reported long-US-equity value
$0.12B
Top-10 concentration
42.0%
Exchange Bank — $122M AUM allocation strategy
Exchange Bank files SEC Form 13F and reports $122M of long US equity value across 89 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 13.1%, followed by Industrials 8.0% and Consumer Staples 7.7%.
The top 10 holdings account for 42% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Exchange Bank — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$122M
total across 89 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
42% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVV +5.75K sh · +$375K+$VOO +1.88K sh · +$111K+$VTI +498 sh · +$5.81K
Biggest trims (shares)
−$NVDA −1.93K sh · −$514K−$WMT −1.42K sh · +$220K−$XOM −1.36K sh · +$1.03M
Exited to nil (held last quarter, gone now)
$ABT ($293K last qtr)$AON ($284K last qtr)$QCOM ($255K last qtr)$DHR ($236K last qtr)$GPC ($219K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Integrated Oil & Gas7.2%—
- Technology Hardware, Storage & Peripherals6.0%—
- Pharmaceuticals5.5%—
- Construction Machinery & Heavy Transportation Equipment4.4%—
- Interactive Media & Services3.8%—
- Systems Software3.0%—
- Consumer Staples Merchandise Retail3.0%—
- Personal Care Products2.8%—
- Other holdings64.3%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 28.5K | $7.24M | -494 | 5.9% |
| $JNJ | Johnson & Johnson | 27.6K | $6.76M | -1.1K | 5.5% |
| $CAT | Caterpillar Inc | 7.47K | $5.29M | -815 | 4.3% |
| $CVX | Chevron Corporation | 22.5K | $4.65M | -363 | 3.8% |
| $XOM | ExxonMobil Holdings Corporation | 24.1K | $4.1M | -1.36K | 3.4% |
| $MSFT | Microsoft Corporation | 9.94K | $3.68M | +4 | 3.0% |
| $WMT | Walmart Inc | 29.4K | $3.65M | -1.42K | 3.0% |
| $PG | Procter & Gamble Company | 23.5K | $3.4M | -170 | 2.8% |
…and 81 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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