LCNB CORP
Long book
$297.5M
Q1 2026
Positions
186
Top-10 weight
39%
concentration
Last quarter
+12.3%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsLCNB CORP is an institutional manager, running a $297.5M US long book across 186 positions.
The portfolio is moderately concentrated (top 10 ≈ 39% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE MSCI EAFE ETF, SCHWAB US LARGE-CAP VALUE, SCHWAB US LARGE-CAP GROWTH, MICROSOFT CORP, APPLE INC.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.6%
Q2 2024
+6.2%
Q3 2024
+0.1%
Q4 2024
-2.2%
Q1 2025
+7.2%
Q2 2025
+7.6%
Q3 2025
+3.6%
Q4 2025
-1.3%
Q1 2026
+12.3%
Sector allocation
Technology 31%
Financials 17%
Industrials 13%
Healthcare 10%
Consumer discretionary 10%
Other 6%
Energy 5%
Utilities 2%
Long book by quarter
What does LCNB CORP own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 25.1K | $9.3M | 3.1% | 0.0% |
| AAPL APPLE INC | Technology | 34.1K | $8.7M | 2.9% | +1.5% |
| LCNB LCNB CORPORATION | Financials | 509.5K | $7.9M | 2.7% | +0.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 51.4K | $7.4M | 2.5% | -16.0% |
| GOOGL ALPHABET INC-CL A | Technology | 21.7K | $6.3M | 2.1% | +0.9% |
| GOOG ALPHABET INC-CL C | Technology | 21.6K | $6.2M | 2.1% | -2.1% |
| NVDA NVIDIA CORP | Technology | 34.2K | $6.0M | 2.0% | -1.8% |
| AVGO BROADCOM INC | Technology | 18.9K | $5.9M | 2.0% | -2.1% |
| LRCX LAM RESEARCH CORP | Industrials | 18.6K | $4.0M | 1.3% | -7.3% |
| CINF CINCINNATI FINANCIAL CORP | Financials | 22.5K | $3.5M | 1.2% | -2.8% |
| JPM JPMORGAN CHASE & CO | Financials | 11.4K | $3.4M | 1.1% | -4.6% |
| MRK MERCK & CO. INC. | Healthcare | 27.2K | $3.3M | 1.1% | -4.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 13.0K | $3.2M | 1.1% | -0.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 12.3K | $2.6M | 0.9% | +2.1% |
| GLW CORNING INC | Industrials | 18.5K | $2.5M | 0.8% | +6.4% |
| CVX CHEVRON CORP | Energy | 12.1K | $2.5M | 0.8% | -0.1% |
| TJX TJX COMPANIES INC | Consumer discretionary | 15.1K | $2.4M | 0.8% | -1.6% |
| XOM EXXON MOBIL CORP | Energy | 14.0K | $2.4M | 0.8% | +9.0% |
| AMGN AMGEN INC | Healthcare | 6.7K | $2.4M | 0.8% | -2.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.6K | $2.2M | 0.7% | Held |
| LOW LOWE'S COS INC | Consumer discretionary | 8.8K | $2.1M | 0.7% | -0.4% |
| USB US BANCORP | Financials | 38.3K | $2.0M | 0.7% | +1.0% |
| LLY ELI LILLY & CO | Healthcare | 2.0K | $1.9M | 0.6% | +11.0% |
| WMT WALMART INC | Consumer discretionary | 13.9K | $1.7M | 0.6% | -1.0% |
| ABBV ABBVIE INC | Healthcare | 7.9K | $1.7M | 0.6% | +6.6% |
| PEP PEPSICO INC | Consumer staples | 10.3K | $1.6M | 0.5% | -0.8% |
| ABT ABBOTT LABORATORIES | Healthcare | 15.4K | $1.6M | 0.5% | +1.1% |
| DUK DUKE ENERGY CORP | Utilities | 11.5K | $1.5M | 0.5% | +0.3% |
| MCD MCDONALD'S CORP | Consumer discretionary | 4.7K | $1.5M | 0.5% | -3.4% |
| DE DEERE & CO | Industrials | 2.5K | $1.4M | 0.5% | -3.3% |
| CSCO CISCO SYSTEMS INC | Technology | 17.5K | $1.4M | 0.5% | +14.3% |
| RTX RTX CORP | Industrials | 7.0K | $1.4M | 0.5% | +0.4% |
| FDX FEDEX CORP | Industrials | 3.8K | $1.3M | 0.5% | -0.2% |
| EMR EMERSON ELECTRIC CO | Industrials | 9.9K | $1.3M | 0.4% | +8.2% |
| CAT CATERPILLAR INC | Industrials | 1.8K | $1.3M | 0.4% | +12.7% |
| ETN EATON CORP PLC | Industrials | 3.6K | $1.3M | 0.4% | -7.3% |
| KR KROGER CO | Consumer discretionary | 17.6K | $1.3M | 0.4% | -0.8% |
| HD HOME DEPOT INC | Consumer discretionary | 3.7K | $1.2M | 0.4% | +1.1% |
| LMT LOCKHEED MARTIN CORP | Industrials | 1.9K | $1.2M | 0.4% | -2.6% |
| CB CHUBB LTD | Financials | 3.5K | $1.1M | 0.4% | -0.4% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 4.7K | $1.1M | 0.4% | +5.6% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 5.5K | $1.1M | 0.4% | -0.1% |
| ADI ANALOG DEVICES INC | Technology | 3.5K | $1.1M | 0.4% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 14.3K | $1.1M | 0.4% | +4.6% |
| CAH CARDINAL HEALTH INC | Consumer discretionary | 4.9K | $1.0M | 0.3% | -1.2% |
| NEE NEXTERA ENERGY INC | Utilities | 10.6K | $985K | 0.3% | +6.4% |
| ACN ACCENTURE PLC-CL A | Services media | 5.0K | $984K | 0.3% | Held |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 4.2K | $959K | 0.3% | -1.2% |
| MA MASTERCARD INC - A | Services media | 1.8K | $908K | 0.3% | -0.1% |
| SBUX STARBUCKS CORP | Consumer discretionary | 10.0K | $895K | 0.3% | +0.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 189 | $297.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 198 | $298.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 183 | $285.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 186 | $284.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 190 | $271.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 184 | $274.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 187 | $282.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 178 | $267.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 186 | $276.4M | canonical | SEC ↗ |
Similar funds
MASSACHUSETTS FINANCIAL SERVICES CO /MA/JENNISON ASSOCIATES LLCNational Pension ServiceFIL LtdClearbridge Investments, LLCDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainNORDEA INVESTMENT MANAGEMENT ABBoston PartnersSwedbank AB1832 Asset Management L.P. HARRIS ASSOCIATES L PLOOMIS SAYLES & CO L P