Citizens Business Bank 13F annual report
Citizens Business Bank is an investment fund managing more than $454 billion ran by Paulette Miller. There are currently 97 companies in Mrs. Miller’s portfolio. The largest investments include Ishares Tr and Vanguard Tax-managed Fds, together worth $116 billion.
$454 billion Assets Under Management (AUM)
As of 29th January 2024, Citizens Business Bank’s top holding is 869,863 shares of Ishares Tr currently worth over $74.8 billion and making up 16.5% of the portfolio value.
In addition, the fund holds 854,095 shares of Vanguard Tax-managed Fds worth $40.9 billion.
The third-largest holding is Cvb Finl Corp worth $25.6 billion and the next is First Tr Exch Traded Fd Iii worth $23 billion, with 1,087,077 shares owned.
Currently, Citizens Business Bank's portfolio is worth at least $454 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Citizens Business Bank
The Citizens Business Bank office and employees reside in Ontario, California. According to the last 13-F report filed with the SEC, Paulette Miller serves as the VICE PRESIDENT TRUST OPERATIONS MANAGER at Citizens Business Bank.
Recent trades
In the most recent 13F filing, Citizens Business Bank revealed that it had opened a new position in
Pimco Etf Tr and bought 111,740 shares worth $9.53 billion.
The investment fund also strengthened its position in Vanguard Tax-managed Fds by buying
2,388 additional shares.
This makes their stake in Vanguard Tax-managed Fds total 854,095 shares worth $40.9 billion.
On the other hand, there are companies that Citizens Business Bank is getting rid of from its portfolio.
Citizens Business Bank closed its position in Seagen Inc on 5th February 2024.
It sold the previously owned 27,735 shares for $5.34 billion.
Paulette Miller also disclosed a decreased stake in Ishares Tr by 0.1%.
This leaves the value of the investment at $74.8 billion and 869,863 shares.
One of the average hedge funds
The two most similar investment funds to Citizens Business Bank are Hcr Wealth Advisors and Eagle Health Investments L.P.. They manage $454 billion and $454 billion respectively.
Paulette Miller investment strategy
Citizens Business Bank’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 14.2% of
the total portfolio value.
The fund focuses on investments in the United States as
56.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
56% of the total holdings value.
On the other hand, small-cap stocks make up only 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $241 billion.
The complete list of Citizens Business Bank trades based on 13F SEC filings
These positions were updated on February 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
12.99%
869,863
|
$74,758,376,000 | 16.48% |
| Vanguard Tax-managed Fds |
0.28%
854,095
|
$40,911,173,000 | 9.02% |
| Cvb Finl Corp |
43.76%
849,805
|
$25,593,022,000 | 5.64% |
| First Tr Exch Traded Fd Iii |
3.66%
1,087,077
|
$23,047,689,000 | 5.08% |
| Apple Inc |
11.16%
76,024
|
$14,636,907,000 | 3.23% |
| NVIDIA Corp |
9.87%
23,839
|
$11,805,552,000 | 2.60% |
| Microsoft Corporation |
15.96%
28,616
|
$10,760,756,000 | 2.37% |
| Pimco Etf Tr |
Opened
111,740
|
$9,534,783,000 | 2.10% |
| Spdr Sp 500 Etf Tr |
3.34%
18,350
|
$8,721,939,000 | 1.92% |
| Alphabet Inc |
7.93%
62,429
|
$8,720,703,000 | 1.92% |
| Quanta Svcs Inc |
32.68%
35,147
|
$7,584,717,000 | 1.67% |
| Exxon Mobil Corp. |
30.28%
63,208
|
$7,218,456,000 | 1.59% |
| Palo Alto Networks Inc |
9.10%
24,376
|
$7,187,989,000 | 1.58% |
| Ishares Inc |
40.94%
128,782
|
$7,135,809,000 | 1.57% |
| Amazon.com Inc. |
9.73%
46,410
|
$7,051,544,000 | 1.55% |
| Diamondback Energy Inc |
5.30%
45,216
|
$7,012,104,000 | 1.55% |
| Vanguard Index Fds |
36.92%
15,848
|
$6,922,410,000 | 1.53% |
| Broadcom Inc. |
11.44%
5,927
|
$6,616,046,000 | 1.46% |
| Cheniere Energy Inc. |
7.42%
36,581
|
$6,244,736,000 | 1.38% |
| Jpmorgan Chase Co |
34.75%
34,166
|
$5,811,643,000 | 1.28% |
| Seagen Inc |
Closed
27,735
|
$5,337,880,000 | |
| Abbvie Inc |
11.29%
32,586
|
$5,049,852,000 | 1.11% |
| Union Pac Corp |
10.89%
19,794
|
$4,861,802,000 | 1.07% |
| Uber Technologies Inc |
28.05%
78,933
|
$4,859,905,000 | 1.07% |
| Expedia Group Inc |
Opened
30,733
|
$4,664,959,000 | 1.03% |
| Unitedhealth Group Inc |
5.03%
8,835
|
$4,651,363,000 | 1.03% |
| Chevron Corp. |
32.38%
28,106
|
$4,378,437,000 | 0.96% |
| Motorola Solutions Inc |
8.53%
13,803
|
$4,321,583,000 | 0.95% |
| Travelers Companies Inc. |
6.41%
21,041
|
$4,008,106,000 | 0.88% |
| Mastercard Incorporated |
7.05%
9,298
|
$3,965,709,000 | 0.87% |
| Stanley Black Decker Inc |
3.07%
38,551
|
$3,781,862,000 | 0.83% |
| Goldman Sachs Group, Inc. |
8.12%
9,798
|
$3,779,778,000 | 0.83% |
| Molson Coors Beverage Company |
7.11%
60,955
|
$3,731,049,000 | 0.82% |
| Constellation Brands, Inc. |
8.22%
15,226
|
$3,680,917,000 | 0.81% |
| Ulta Beauty Inc |
7.35%
7,478
|
$3,664,172,000 | 0.81% |
| Thermo Fisher Scientific Inc. |
5.77%
6,793
|
$3,605,650,000 | 0.79% |
| Lyondellbasell Industries N |
5.08%
37,080
|
$3,525,573,000 | 0.78% |
| Allstate Corp (The) |
Closed
32,160
|
$3,506,730,000 | |
| Mcdonalds Corp |
12.16%
11,687
|
$3,465,316,000 | 0.76% |
| Disney Walt Co |
120.81%
38,001
|
$3,431,111,000 | 0.76% |
| CVS Health Corp |
Opened
41,969
|
$3,313,877,000 | 0.73% |
| Baker Hughes Company |
6.52%
92,173
|
$3,150,479,000 | 0.69% |
| Walmart Inc |
8.97%
19,860
|
$3,130,948,000 | 0.69% |
| Valero Energy Corp. |
5.29%
23,880
|
$3,104,400,000 | 0.68% |
| Warner Bros. Discovery, Inc. |
Opened
266,233
|
$3,029,734,000 | 0.67% |
| Marvell Technology Inc |
9.18%
49,376
|
$2,977,864,000 | 0.66% |
| Home Depot, Inc. |
10.61%
8,540
|
$2,959,543,000 | 0.65% |
| Comcast Corp New |
11.46%
67,175
|
$2,945,618,000 | 0.65% |
| Ingersoll-Rand Inc |
Opened
37,827
|
$2,925,544,000 | 0.64% |
| Danaher Corp. |
7.09%
12,619
|
$2,919,276,000 | 0.64% |
| Salesforce Inc |
11.23%
11,072
|
$2,913,496,000 | 0.64% |
| Vanguard Whitehall Fds |
Closed
45,022
|
$3,995,250,000 | |
| IQVIA Holdings Inc |
9.61%
11,808
|
$2,732,133,000 | 0.60% |
| Us Bancorp Del |
49.83%
61,416
|
$2,658,084,000 | 0.59% |
| Qualcomm, Inc. |
18.29%
18,104
|
$2,618,382,000 | 0.58% |
| Lockheed Martin Corp. |
11.16%
5,769
|
$2,614,739,000 | 0.58% |
| Veralto Corp |
Opened
31,545
|
$2,594,888,000 | 0.57% |
| Kenvue Inc |
Opened
120,196
|
$2,587,826,000 | 0.57% |
| Duke Energy Corp. |
8.96%
26,371
|
$2,559,047,000 | 0.56% |
| Bank America Corp |
10.69%
74,080
|
$2,494,274,000 | 0.55% |
| Schwab Charles Corp |
8.01%
35,746
|
$2,459,325,000 | 0.54% |
| Cisco Sys Inc |
10.34%
48,472
|
$2,448,806,000 | 0.54% |
| Target Corp |
Closed
17,650
|
$2,328,041,000 | |
| Verizon Communications Inc |
23.67%
60,044
|
$2,263,678,000 | 0.50% |
| Dow Inc |
13.79%
34,891
|
$1,913,418,000 | 0.42% |
| V F Corp |
22.28%
75,164
|
$1,413,081,000 | 0.31% |
| Cathay Gen Bancorp |
No change
14,520
|
$1,294,314,000 | 0.29% |
| Guardant Health Inc |
32.64%
45,424
|
$1,228,724,000 | 0.27% |
| Berkshire Hathaway Inc. |
No change
2
|
$1,085,250,000 | 0.24% |
| Alphabet Inc |
Opened
7,528
|
$1,060,921,000 | 0.23% |
| Kimberly-Clark Corp. |
16.17%
3,006
|
$730,518,000 | 0.16% |
| Energy Transfer L P |
Opened
50,000
|
$690,000,000 | 0.15% |
| Procter And Gamble Co |
24.61%
4,688
|
$686,979,000 | 0.15% |
| AMGEN Inc. |
12.81%
2,247
|
$647,181,000 | 0.14% |
| Merck Co Inc |
10.02%
5,907
|
$643,982,000 | 0.14% |
| Eli Lilly Co |
35.74%
1,093
|
$637,133,000 | 0.14% |
| International Paper Co. |
2.71%
17,529
|
$633,675,000 | 0.14% |
| Johnson Johnson |
19.26%
3,357
|
$526,177,000 | 0.12% |
| Pepsico Inc |
15.02%
3,090
|
$524,805,000 | 0.12% |
| Consol Energy Inc |
5.25%
4,950
|
$497,621,000 | 0.11% |
| Costco Whsl Corp New |
31.08%
723
|
$477,238,000 | 0.11% |
| Republic Svcs Inc |
Closed
3,054
|
$467,781,000 | |
| Vanguard Whitehall Fds |
Opened
5,465
|
$433,593,000 | 0.10% |
| Gilead Sciences, Inc. |
0.85%
5,222
|
$423,037,000 | 0.09% |
| NextEra Energy Inc |
Closed
5,500
|
$408,100,000 | |
| Ishares Tr |
Opened
26,049
|
$1,154,424,000 | 0.25% |
| Dell Technologies Inc |
5.45%
5,068
|
$387,706,000 | 0.09% |
| Apollo Tactical Income Fd In |
Opened
27,500
|
$377,053,000 | 0.08% |
| Cummins Inc. |
10.58%
1,505
|
$360,554,000 | 0.08% |
| Texas Instrs Inc |
Closed
1,970
|
$354,640,000 | |
| Kinder Morgan Inc |
7.51%
19,348
|
$341,298,000 | 0.08% |
| Abbott Labs |
No change
3,011
|
$331,421,000 | 0.07% |
| International Business Machs |
5.30%
1,876
|
$306,821,000 | 0.07% |
| Bristol-Myers Squibb Co. |
36.72%
5,970
|
$306,321,000 | 0.07% |
| Entergy Corp. |
6.17%
2,982
|
$301,750,000 | 0.07% |
| Caterpillar Inc. |
5.70%
993
|
$293,599,000 | 0.06% |
| The Southern Co. |
5.01%
4,042
|
$283,426,000 | 0.06% |
| Iron Mtn Inc Del |
No change
4,000
|
$279,920,000 | 0.06% |
| Eaton Corp Plc |
51.08%
1,135
|
$273,331,000 | 0.06% |
| Sixth Street Specialty Lendi |
Closed
14,000
|
$261,660,000 | |
| Ishares Tr |
Closed
8,278
|
$256,038,000 | |
| Oneok Inc. |
Closed
4,091
|
$252,497,000 | |
| Waste Mgmt Inc Del |
Closed
1,450
|
$251,459,000 | |
| Pioneer Nat Res Co |
37.29%
1,115
|
$250,742,000 | 0.06% |
| NextEra Energy Partners LP |
Closed
4,135
|
$242,476,000 | |
| Ares Capital Corp |
Closed
12,000
|
$225,480,000 | |
| Crown Castle Inc |
37.47%
1,874
|
$215,866,000 | 0.05% |
| Raytheon Technologies Corp |
Closed
2,158
|
$211,398,000 | |
| Becton Dickinson Co |
Closed
800
|
$211,208,000 | |
| Corning, Inc. |
8.70%
6,873
|
$209,284,000 | 0.05% |
| Berkshire Hathaway Inc. |
Opened
574
|
$204,723,000 | 0.05% |
| Coca-Cola Co |
12.82%
3,400
|
$200,362,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 112 holdings | |||
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