Southern Michigan Bank & Trust has filed a Form 13F-HR with the Securities and Exchange Commission, disclosing its equity holdings as of September 30, 2026. The filing, signed by Melissa Natzke-Barlow, Vice President of Operations Supervisor, lists a total of 422 separate equity securities held by the firm.
The portfolio is heavily weighted toward large-cap technology and healthcare companies. Top holdings include Apple Inc., with 7,670,450 shares, and Microsoft Corp., with 2,662,977 shares. The bank also holds significant positions in Johnson & Johnson, Berkshire Hathaway Inc. Class B, and Eli Lilly & Co.
Exchange-traded funds comprise a substantial portion of the portfolio. The bank lists significant stakes in the iShares Core S&P Mid Cap ETF, the iShares Russell 1000 Growth ETF, and the Vanguard Dividend Appreciation ETF. Additionally, the filing includes positions in various sector-specific ETFs, such as the Select Sector SPDR Health Care ETF and the State Street Technology Select Sector SPDR ETF.
The filing also details positions in several international equities, including Taiwan Semiconductor Manufacturing Co., BHP Billiton Ltd., and Royal Bank of Canada. Bond ETFs are also present in the portfolio, including the iShares Core US Aggregate Bond ETF and the Vanguard Short-Term Bond Index Fund.
