COUNTRY TRUST BANK

Filed: 8/12/2025ACC: 0001104659-25-076787

📋 What this filing means

COUNTRY TRUST BANK filed this quarterly 13F‑HR report disclosing 552 equity positions with a total reported market value of $4.46B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

552

Positions

$4.46B

Total AUM (reported)

37.04M

Total Shares

Allocation by class

COM$2.22B49.7%

TOTAL BD ETF$283.02M6.3%

VAN FTSE DEV MKT$280.50M6.3%

S&P 500 ETF SHS$250.23M5.6%

CL A$214.61M4.8%

CORE US AGGBD ET$100.17M2.2%

COM CL A$89.16M2.0%

Portfolio Concentration

Top 3$813.75M18.3%

4–10$1.06B23.8%

11–25$983.75M22.1%

Rest$1.60B35.9%

Top 3 weight

18.3%

Top 10 weight

42.0%

Voting Authority Distribution

Total shares with voting rights: 37.04M

Sole

Full voting authority

36.90M

% of voting shares99.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

142.57K

% of voting shares0.4%

Investment Discretion (by position count)

Sole253

Shared0

Other299

Dominant voting typeSole · 99.6% of voting shares

Institutional Holdings552

Rows:

FIDELITY MERRIMACK STR TR

SOLE

TOTAL BD ETF

Shares6.19M

TypeSH

Market value$283.02M

6.35%

Sole

6.19M

Shared

0.00

None

0.00

VANGUARD TAX-MANAGED FDS

DFND

VAN FTSE DEV MKT

Shares4.92M

TypeSH

Market value$280.50M

6.29%

Sole

4.92M

Shared

0.00

None

386.00

VANGUARD INDEX FDS

DFND

S&P 500 ETF SHS

Shares440.52K

TypeSH

Market value$250.23M

5.61%

Sole

440.23K

Shared

0.00

None

296.00

NVIDIA CORPORATION

DFND

COM

Shares1.51M

TypeSH

Market value$238.65M

5.35%

Sole

1.51M

Shared

0.00

None

465.00

MICROSOFT CORP

DFND

COM

Shares450.56K

TypeSH

Market value$224.12M

5.03%

Sole

449.59K

Shared

0.00

None

976.00

APPLE INC

DFND

COM

Shares754.56K

TypeSH

Market value$154.81M

3.47%

Sole

748.02K

Shared

0.00

None

6.54K

AMAZON COM INC

DFND

COM

Shares656.91K

TypeSH

Market value$144.12M

3.23%

Sole

655.70K

Shared

0.00

None

1.22K

META PLATFORMS INC

DFND

CL A

Shares147.22K

TypeSH

Market value$108.66M

2.44%

Sole

147.03K

Shared

0.00

None

188.00

ISHARES TR

SOLE

CORE US AGGBD ET

Shares1.01M

TypeSH

Market value$100.17M

2.25%

Sole

1.01M

Shared

0.00

None

0.00

VISA INC

DFND

COM CL A

Shares250.83K

TypeSH

Market value$89.06M

2.00%

Sole

250.63K

Shared

0.00

None

200.00

ISHARES TR

DFND

CORE S&P500 ETF

Shares135.91K

TypeSH

Market value$84.39M

1.89%

Sole

135.35K

Shared

0.00

None

558.00

AMPHENOL CORP NEW

SOLE

CL A

Shares808.85K

TypeSH

Market value$79.87M

1.79%

Sole

808.85K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

DFND

FTSE EMR MKT ETF

Shares1.58M

TypeSH

Market value$78.21M

1.75%

Sole

1.58M

Shared

0.00

None

196.00

ALPHABET INC

SOLE

CAP STK CL C

Shares440.37K

TypeSH

Market value$78.12M

1.75%

Sole

440.37K

Shared

0.00

None

0.00

ELI LILLY & CO

DFND

COM

Shares95.69K

TypeSH

Market value$74.59M

1.67%

Sole

95.64K

Shared

0.00

None

50.00

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares660.32K

TypeSH

Market value$72.38M

1.62%

Sole

660.32K

Shared

0.00

None

0.00

ALPHABET INC

DFND

CAP STK CL A

Shares375.27K

TypeSH

Market value$66.13M

1.48%

Sole

374.77K

Shared

0.00

None

500.00

LISTED FDS TR

SOLE

SHARES LAG CAP

Shares1.36M

TypeSH

Market value$65.70M

1.47%

Sole

1.36M

Shared

0.00

None

0.00

ASML HOLDING N V

SOLE

N Y REGISTRY SHS

Shares76.07K

TypeSH

Market value$60.96M

1.37%

Sole

76.07K

Shared

0.00

None

0.00

JPMORGAN CHASE & CO.

DFND

COM

Shares208.55K

TypeSH

Market value$60.46M

1.36%

Sole

208.49K

Shared

0.00

None

66.00

PROCTER AND GAMBLE CO

DFND

COM

Shares353.82K

TypeSH

Market value$56.37M

1.26%

Sole

353.25K

Shared

0.00

None

574.00

FISERV INC

SOLE

COM

Shares313.94K

TypeSH

Market value$54.13M

1.21%

Sole

313.94K

Shared

0.00

None

0.00

VANGUARD CHARLOTTE FDS

SOLE

TOTAL INT BD ETF

Shares1.05M

TypeSH

Market value$51.89M

1.16%

Sole

1.05M

Shared

0.00

None

0.00

APPLIED MATLS INC

DFND

COM

Shares279.86K

TypeSH

Market value$51.23M

1.15%

Sole

279.66K

Shared

0.00

None

200.00

BOOKING HOLDINGS INC

SOLE

COM

Shares8.52K

TypeSH

Market value$49.31M

1.11%

Sole

8.52K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
FIDELITY MERRIMACK STR TRSOLE	TOTAL BD ETF	6.19M	SH	$283.02M 6.35%	6.19M	0.00
VANGUARD TAX-MANAGED FDSDFND	VAN FTSE DEV MKT	4.92M	SH	$280.50M 6.29%	4.92M	386.00
VANGUARD INDEX FDSDFND	S&P 500 ETF SHS	440.52K	SH	$250.23M 5.61%	440.23K	296.00
NVIDIA CORPORATIONDFND	COM	1.51M	SH	$238.65M 5.35%	1.51M	465.00
MICROSOFT CORPDFND	COM	450.56K	SH	$224.12M 5.03%	449.59K	976.00
APPLE INCDFND	COM	754.56K	SH	$154.81M 3.47%	748.02K	6.54K
AMAZON COM INCDFND	COM	656.91K	SH	$144.12M 3.23%	655.70K	1.22K
META PLATFORMS INCDFND	CL A	147.22K	SH	$108.66M 2.44%	147.03K	188.00
ISHARES TRSOLE	CORE US AGGBD ET	1.01M	SH	$100.17M 2.25%	1.01M	0.00
VISA INCDFND	COM CL A	250.83K	SH	$89.06M 2.00%	250.63K	200.00
ISHARES TRDFND	CORE S&P500 ETF	135.91K	SH	$84.39M 1.89%	135.35K	558.00
AMPHENOL CORP NEWSOLE	CL A	808.85K	SH	$79.87M 1.79%	808.85K	0.00
VANGUARD INTL EQUITY INDEX FDFND	FTSE EMR MKT ETF	1.58M	SH	$78.21M 1.75%	1.58M	196.00
ALPHABET INCSOLE	CAP STK CL C	440.37K	SH	$78.12M 1.75%	440.37K	0.00
ELI LILLY & CODFND	COM	95.69K	SH	$74.59M 1.67%	95.64K	50.00
ISHARES TRSOLE	IBOXX INV CP ETF	660.32K	SH	$72.38M 1.62%	660.32K	0.00
ALPHABET INCDFND	CAP STK CL A	375.27K	SH	$66.13M 1.48%	374.77K	500.00
LISTED FDS TRSOLE	SHARES LAG CAP	1.36M	SH	$65.70M 1.47%	1.36M	0.00
ASML HOLDING N VSOLE	N Y REGISTRY SHS	76.07K	SH	$60.96M 1.37%	76.07K	0.00
JPMORGAN CHASE & CO.DFND	COM	208.55K	SH	$60.46M 1.36%	208.49K	66.00
PROCTER AND GAMBLE CODFND	COM	353.82K	SH	$56.37M 1.26%	353.25K	574.00
FISERV INCSOLE	COM	313.94K	SH	$54.13M 1.21%	313.94K	0.00
VANGUARD CHARLOTTE FDSSOLE	TOTAL INT BD ETF	1.05M	SH	$51.89M 1.16%	1.05M	0.00
APPLIED MATLS INCDFND	COM	279.86K	SH	$51.23M 1.15%	279.66K	200.00
BOOKING HOLDINGS INCSOLE	COM	8.52K	SH	$49.31M 1.11%	8.52K	0.00

Page 1 of 23

…