Citizens Business Bank Q2 Portfolio Shifts: Focus on Tech, New Positions in ASTS & TOST
Citizens Business Bank's stock holdings as of June 30, 2026 show notable purchases and sales. The bank increased positions in ASTS (AST SPACEMOBILE INC) and TOST (TOAST INC), while reducing stakes in several large-cap stocks.
As of June 30, 2026, Citizens Business Bank's stock portfolio reflects a dynamic investment strategy with holdings totaling $664.1 million across 139 companies.
The bank demonstrated significant buying activity this quarter by establishing new positions in several stocks:
- TOAST INC (TOST): The bank purchased a substantial stake, increasing its holdings by 100%.
- AST SPACEMOBILE INC (ASTS): Citizens Business Bank added shares with an equally dramatic increase of 100% in this position.
- PEPSICO INC (PEP): The bank increased its stake by a significant 386%, indicating strong confidence in the consumer goods giant.
In contrast, Citizens Business Bank also showed notable selling activity during this period:
- MCDONALDS CORP (MCD): The position was reduced by 79.9%, suggesting a strategic exit from the fast-food chain.
- CHENIERE ENERGY INC (LNG): Holdings decreased significantly, with shares down by 41.84%.
- J P MORGAN EXCHANGE TRADED FUND (JBND): The bank sold a portion of this fund, reducing its stake by 3.54% in terms of shares.
- ISHARES INC ETF (EMXC): Shares decreased by approximately 6%, reflecting a reduction in this position.
- VANGUARD TAX-MANAGED FDS (VEA): The bank reduced its holdings of VEA, decreasing the number of shares by 3.56%.
- ISHARES TR ETF (IWR): Holdings decreased slightly by about 2.48%, indicating a minor reduction in this position.
The portfolio's largest allocations remain concentrated, with NVIDIA CORPORATION (NVDA) accounting for 5.27% and APPLE INC (AAPL) at 3.23%. Other significant holdings include shares in the Technology sector, such as AVGO (BROADCOM INC) and PWR (QUANTA SERVICES INC).
Citizens Business Bank also saw changes in other sectors, including:
- WALMART INC (WMT): Holdings decreased by 9.25%.
- COLGATE PALMOLIVE CO (CL): Shares were reduced slightly, down by about 7.16%.
- POOL CORP (POOL): The bank purchased shares in this company for the first time, increasing its stake from zero to a small allocation of 0.12%.
The overall portfolio shows Citizens Business Bank favoring established large-cap companies alongside some newer additions like ASTS and TOST. For more detailed information on their investment activities or specific holdings, you can explore the investor profile at Citizens Business Bank.