13F-HR: LCNB CORP Discloses Q4 2024 Investment Portfolio in 13F Filing

LCNB CORP's latest 13F filing reveals its investment holdings as of December 31, 2024, totaling $274.3 million across 184 positions.

Summary

• LCNB CORP filed its Form 13F for the quarter ended December 31, 2024.
• The filing discloses 184 holdings with a total value of $274,271,244.
• The largest holdings include Schwab US Large Cap Growth ETF, Schwab US Large Cap Value ETF, and IShares Inc. TR Core MSCI EAFE ETF.
• The filing details the number of shares held and their corresponding value for each security.
• The filing also indicates the voting authority for each holding, with the majority held solely.
• The report confirms that all holdings of the reporting manager are included in this report.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing, presenting factual information about the company's investment holdings. The sentiment is neutral, reflecting the routine nature of the disclosure.

Positives

• The filing provides a comprehensive overview of LCNB CORP's investment portfolio.
• The detailed information on holdings, share quantities, and values offers transparency.
• The filing indicates a diversified portfolio across various sectors and asset classes.

Management Comments

• Bradley A. Ruppert, Executive Vice President and Chief Investment Officer, signed the report on behalf of LCNB CORP.

Industry Context

13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing insights into their investment strategies and portfolio composition. This filing allows investors to understand LCNB CORP's investment choices relative to broader market trends.

Comparison to Industry Standards

• The portfolio's allocation to ETFs, particularly those tracking broad market indices like the S&P 500 and MSCI EAFE, is a common strategy among institutional investors seeking diversified exposure.
• The inclusion of individual stocks such as Microsoft, Apple, and Johnson & Johnson aligns with typical large-cap equity holdings seen in many institutional portfolios.
• Comparing the portfolio's sector allocation to benchmarks like the S&P 500 can reveal potential overweights or underweights in specific industries.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of LCNB CORP.
• The filing provides transparency to stakeholders regarding the company's asset allocation.

Key Dates

Keywords

13F filing, LCNB CORP, investment portfolio, holdings, equities, ETFs