# CSM Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1863523. Source: https://holderbook.com/funds/1863523-csm-advisors-llc/

- Reported value: $4.7B
- Positions: 406
- Weight of the ten largest: 24.3%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $201.6M | 696,554 | 4.3% | 22 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $151.2M | 755,575 | 3.2% | 14 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $125.9M | 528,300 | 2.7% | 21 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $120.8M | 161,730 | 2.6% | 21 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $114.8M | 321,210 | 2.5% | 21 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $112.8M | 153,111 | 2.4% | 21 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $105.5M | 1,224,556 | 2.3% | 21 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $80.0M | 367,088 | 1.7% | 21 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $64.0M | 60,087 | 1.4% | 11 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $62.8M | 1,040,134 | 1.3% | 5 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $58.4M | 81,820 | 1.2% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $58.3M | 154,440 | 1.2% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $55.8M | 219,688 | 1.2% | 5 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $54.2M | 180,421 | 1.2% | 15 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $50.5M | 539,602 | 1.1% | 5 |
| ISHARES INC | [EZU](https://holderbook.com/stocks/EZU/) | $50.1M | 720,820 | 1.1% | 11 |
| HARTFORD INSURANCE GROUP INC | [HIG](https://holderbook.com/stocks/HIG/) | $49.0M | 370,075 | 1.0% | 5 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $47.4M | 338,868 | 1.0% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $47.3M | 133,777 | 1.0% | 22 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $47.1M | 144,025 | 1.0% | 22 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $45.4M | 121,715 | 1.0% | 22 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $41.4M | 286,303 | 0.9% | 22 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $40.6M | 564,821 | 0.9% | 5 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $40.0M | 945,654 | 0.9% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $38.8M | 330,194 | 0.8% | 22 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $37.6M | 227,111 | 0.8% | 22 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $37.6M | 89,311 | 0.8% | 7 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $37.5M | 37,079 | 0.8% | 22 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $36.1M | 143,403 | 0.8% | 5 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $34.0M | 446,750 | 0.7% | 5 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $33.5M | 57,607 | 0.7% | 14 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $33.0M | 27,478 | 0.7% | 21 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $32.1M | 202,041 | 0.7% | 1 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $32.0M | 246,309 | 0.7% | 22 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $31.5M | 408,559 | 0.7% | 4 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $27.6M | 91,520 | 0.6% | 6 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $27.4M | 216,822 | 0.6% | 5 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $27.1M | 308,846 | 0.6% | 22 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $26.8M | 345,744 | 0.6% | 5 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $25.9M | 66,878 | 0.6% | 1 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $25.9M | 212,943 | 0.6% | 21 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $25.4M | 55,466 | 0.5% | 5 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $25.3M | 113,540 | 0.5% | 5 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $25.1M | 89,165 | 0.5% | 5 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $24.4M | 109,192 | 0.5% | 5 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $24.4M | 155,537 | 0.5% | 11 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $24.3M | 281,078 | 0.5% | 4 |
| COCA-COLA EUROPACIFIC PARTNE | [CCEP](https://holderbook.com/stocks/CCEP/) | $22.2M | 221,337 | 0.5% | 5 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $21.8M | 19,263 | 0.5% | 5 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $21.8M | 78,966 | 0.5% | 5 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $21.4M | 889,436 | 0.5% | 5 |
| NETSCOUT SYS INC | [NTCT](https://holderbook.com/stocks/NTCT/) | $21.0M | 482,271 | 0.4% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $21.0M | 294,443 | 0.4% | 17 |
| TAPESTRY INC | [TPR](https://holderbook.com/stocks/TPR/) | $20.5M | 140,107 | 0.4% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $20.3M | 59,073 | 0.4% | 14 |
| FOX CORP | [FOXA](https://holderbook.com/stocks/FOXA/) | $20.3M | 388,436 | 0.4% | 5 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $20.0M | 76,538 | 0.4% | 1 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $19.6M | 75,128 | 0.4% | 2 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $19.5M | 54,946 | 0.4% | 2 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $19.4M | 168,805 | 0.4% | 4 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $18.9M | 169,308 | 0.4% | 5 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $18.9M | 26,096 | 0.4% | 1 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $18.8M | 220,037 | 0.4% | 16 |
| GLOBAL SHIP LEASE INC | [GSL](https://holderbook.com/stocks/GSL/) | $18.2M | 484,114 | 0.4% | 5 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $18.1M | 51,193 | 0.4% | 3 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $17.9M | 41,199 | 0.4% | 2 |
| HEALTHCARE SVCS GROUP INC | [HCSG](https://holderbook.com/stocks/HCSG/) | $17.7M | 719,619 | 0.4% | 5 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $17.6M | 246,484 | 0.4% | 8 |
| HANCOCK WHITNEY CORPORATION | [HWC](https://holderbook.com/stocks/HWC/) | $17.4M | 233,269 | 0.4% | 5 |
| MINERALS TECHNOLOGIES INC | [MTX](https://holderbook.com/stocks/MTX/) | $17.2M | 232,504 | 0.4% | 5 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $17.0M | 109,901 | 0.4% | 1 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $16.9M | 39,135 | 0.4% | 22 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $16.8M | 225,416 | 0.4% | 3 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $16.1M | 76,028 | 0.3% | 5 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $15.4M | 41,185 | 0.3% | 2 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $15.4M | 360,443 | 0.3% | 4 |
| CATHAY GEN BANCORP | [CATY](https://holderbook.com/stocks/CATY/) | $15.4M | 247,985 | 0.3% | 5 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $15.3M | 174,083 | 0.3% | 21 |
| OFG BANCORP | [OFG](https://holderbook.com/stocks/OFG/) | $15.1M | 307,009 | 0.3% | 5 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $14.8M | 28,853 | 0.3% | 8 |
| OCEANFIRST FINL CORP | [OCFC](https://holderbook.com/stocks/OCFC/) | $14.3M | 734,313 | 0.3% | 5 |
| WP CAREY INC | [WPC](https://holderbook.com/stocks/WPC/) | $14.3M | 199,368 | 0.3% | 5 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $14.2M | 131,366 | 0.3% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $14.1M | 15,097 | 0.3% | 8 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $14.1M | 74,289 | 0.3% | 5 |
| NEBIUS GROUP N.V. | [NBIS](https://holderbook.com/stocks/NBIS/) | $13.8M | 50,000 | 0.3% | 2 |
| COVENANT LOGISTICS GROUP INC | [CVLG](https://holderbook.com/stocks/CVLG/) | $13.7M | 310,221 | 0.3% | 5 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $13.3M | 145,359 | 0.3% | 4 |
| AMERIS BANCORP | [ABCB](https://holderbook.com/stocks/ABCB/) | $13.2M | 146,609 | 0.3% | 5 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $13.2M | 172,522 | 0.3% | 16 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $13.1M | 59,426 | 0.3% | 4 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $13.1M | 19,067 | 0.3% | 21 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $13.1M | 23,203 | 0.3% | 22 |
| ENOVA INTL INC | [ENVA](https://holderbook.com/stocks/ENVA/) | $13.1M | 54,247 | 0.3% | 5 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $12.9M | 10,998 | 0.3% | 3 |
| INTERNATIONAL BANCSHARES COR | [IBOC](https://holderbook.com/stocks/IBOC/) | $12.6M | 165,542 | 0.3% | 5 |
| NWPX INFRASTRUCTURE INC | [NWPX](https://holderbook.com/stocks/NWPX/) | $12.5M | 83,040 | 0.3% | 5 |
| PELAGOS INS CAP LTD | [PLGO](https://holderbook.com/stocks/PLGO/) | $12.4M | 510,706 | 0.3% | 5 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $12.1M | 10,476 | 0.3% | 3 |
| APPLE HOSPITALITY REIT INC | [APLE](https://holderbook.com/stocks/APLE/) | $12.0M | 714,667 | 0.3% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +18.1% | +14.8% | +3.3% | 97% |
| Q1 2026 | +0.8% | -4.6% | +5.5% | 97% |
| Q4 2025 | +3.5% | +2.4% | +1.1% | 97% |
| Q3 2025 | +9.3% | +7.8% | +1.4% | 97% |
| Q2 2025 | +10.6% | +10.5% | +0.1% | 92% |
| Q1 2025 | -4.0% | -4.6% | +0.6% | 93% |
| Q4 2024 | +1.0% | +2.1% | -1.1% | 93% |
| Q3 2024 | +5.2% | +5.4% | -0.2% | 93% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $4.7B | 406 |
| Q1 2026 | $4.1B | 407 |
| Q4 2025 | $3.7B | 399 |
| Q3 2025 | $3.6B | 402 |
| Q2 2025 | $3.4B | 377 |
| Q1 2025 | $1.8B | 124 |
| Q4 2024 | $3.6B | 125 |
| Q3 2024 | $1.5B | 122 |
| Q2 2024 | $1.4B | 126 |
| Q1 2024 | $1.5B | 134 |
| Q4 2023 | $1.4B | 141 |
| Q3 2023 | $1.1B | 136 |